6. Farmerlands, Inc. has budgeted sales for the months of September and October at $303,000 and $289,000, respectively. Monthly sales are 80% credit and 20% cash. Of the credit sales, 50% are collected in the month of sale, and 50% are collected in the following month. Calculate cash collections for the month of October.

$294,600

Explanation:

Given that,

September sales = $303,000

October sales = $289,000

Monthly sales are 80% credit and 20% cash.

Of the credit sales, 50% are collected in the month of sale, and 50% are collected in the following month.

Cash collections for the month of October:

= 20% of October sales + 50% of the credit sales in October + 50% of the credit sales in September

= (0.2 × $289,0000 + (0.5 × 0.8 × $289,000) + (0.5 × 0.8 × $303,000)

= $57,800 + $115,600 + $121,200

= $294,600

The answer is: E) As long as the law affects commerce among the states, or interstate commerce, in some way, the regulation is generally constitutional.

Explanation:

Article I, Section 8, Clause 3 of the Constitution of the US:

[The Congress shall have Power] To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.

Generally speaking, Congress can pass laws that affect trade (either allow or restrict trade) between states, between nations or with Native American Tribes. It also includes laws about navigable waters, e.g. rivers and oceans.