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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
In the coming year, Game Monster, Inc., will be introducing its first product, a wrist brace that protects serious video gamers from repetitive-motion injuries. The brace will be sold for $18 to retailers throughout the country. All sales will be made on account. An expected 73 percent of sales will be collected within the quarter of the sale, and another 22 percent in the quarter following the sale. The remaining 5 percent of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows:
| Â | Â | Â | 1st Quarter | Â | 2nd Quarter | Â | 3rd Quarter | Â | 4th Quarter | Â |
| Â | Budgeted sales units | Â | 25,500 | Â | 42,100 | Â | 52,600 | Â | 86,100 | Â |
Prepare Game Monster, Inc.'s, cash receipts budget for the coming year.
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