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A firm has forecasted sales of $3,000 in April, $4,500 in May, and $6,500 in...

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Accounting

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A firm has forecasted sales of $3,000 in April, $4,500 in May, and $6,500 in June. All sales are on credit. 30% is collected the month of sale and the remainder the following month. What will be the balance in accounts recelvable at the end of June? Discussion Questions 1. Using Exhibit 2-6, what external components might be most important for managers in movie theatre chains to know about? Why? 2. According to the case, what external trends do managers at the movie theatre chains have to deal with? 3. How do you think these trends might constrain decisions made by managers at the movie theatre chains? 4. What stakeholders do you think might be most important to movie theatre chains? What interests might these stakeholders have? 5. As the COVID pandemic unfolded and theatres were closed what steps did they take to regain audiences? What else might they have done

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