Sutton pointers corporation expects to begin operations on january 1, 2015; it will operate as a specialty sales company that sells laser pointers over the internet. sutton expects sales in january 2015 to total $240,000 and to increase 5 percent per month in february and march. all sales are on account. sutton expects to collect 70 percent of accounts receivable in the month of sale, 20 percent in the month following the sale, and 10 percent in the second month following the sale. a. determine the amount of sales revenue sutton will report on the first 2015 quarterly pro forma income statement. b. prepare a cash receipts schedule for the first quarter of 2015.schedule of cash receipts jan feb marchreceipts from jan sales receipts from feb sales receipts from march sales total c. determine the amount of accounts receivable as of march 31, 2015

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c. increase prices

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.