Read this explanation of why these data points are included in the same graph. "Analyzing hires and separations together offers a more complete picture of the economy than analyzing each data element separately. One advantage of this approach is that it allows an examination of employment change and gross worker flows." Q. According to the chart, what happens when hires are greater than total separations? The employment level increases for several years. The employment level decreases for several years. The employment level remains the same for several years.

Silver company makes a product that is very popular as a mother’s day gift. thus, peak sales occur in may of each year, as shown in the company’s sales budget for the second quarter given below: april may june total budgeted sales (all on account) $300,000 $500,000 $200,000 $1,000,000 from past experience, the company has learned that 20% of a month’s sales are collected in the month of sale, another 70% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. bad debts are negligible and can be ignored. february sales totaled $230,000, and march sales totaled $260,000. required: 1. prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2. what is the accounts receivable balance on june 30th?