Ross Corp. makes all sales on account. the june 30th balance sheet balance in its accounts receivable is $400000, of which $240000pertain to sales that were made during june. budgeted sales for July are $1250000. Ross collects 70% of sales in the month of sale: 30% in the following month and the final 10% in the second month after the sale. What is the budgeted balance of Ross's accounts receivable as of July 31?

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Ответ:

deraldw0509

15.01.2021

Mathematics

Original length: 14 ft. New length x + 14.
Original width: 12 ft. New width x + 12.

New area:

A = LW

$x = \dfrac{-b \pm \sqrt{b^2 - 4ac}}{2a}$

$x = \dfrac{-26 \pm \sqrt{26^2 - 4(1)(-112)}}{2(1)}$

$x = \dfrac{-26 \pm \sqrt{676 + 448}}{2}$

$x = \dfrac{-26 \pm \sqrt{1124}}{2}$

$x = \dfrac{-26 \pm 2\sqrt{281}}{2}$

$x = -13 \pm \sqrt{281}$

$x \approx -29.76$ or $x \approx 3.76$

We discard the negative answer.

Exact:
$(-13 + \sqrt{281})~ ft$

Approximate:
3.76 ~ft

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