Let’s Assume Maple Ridge Corp has the following sales data forecast for the coming year Q1 Budgeted sales in units 8,000 Q2 Budgeted sales in units 24,000 Q3 Budgeted sales in units 32,000 Q4 Budgeted sales in units 16,000 selling price per unit $8 Sales collection in current quarter 65% Sales collection in next quarter 30% Uncollectible 5% Last year outstanding A/R: $72,000 Please calculate what is the annual total Cash Receipts: A. $712,000 B. $569,600 C. $641,600 D. $628,800

Answers

Answer 1

To calculate the annual total cash receipts, we need to determine the cash received for each quarter and sum them up. Let's calculate it:

Q1 Cash Receipts:

Budgeted sales in Q1: 8,000 units

Selling price per unit: $8

Sales collection in current quarter: 65%

Cash Receipts in Q1 = (Budgeted sales in Q1 * Selling price per unit) * Sales collection in current quarter

Cash Receipts in Q1 = (8,000 * $8) * 0.65

Cash Receipts in Q1 = $41,600

Q2 Cash Receipts:

Budgeted sales in Q2: 24,000 units

Selling price per unit: $8

Sales collection in next quarter: 30%

Cash Receipts in Q2 = (Budgeted sales in Q2 * Selling price per unit) * Sales collection in next quarter

Cash Receipts in Q2 = (24,000 * $8) * 0.30

Cash Receipts in Q2 = $57,600

Q3 Cash Receipts:

Budgeted sales in Q3: 32,000 units

Selling price per unit: $8

Sales collection in next quarter: 30%

Cash Receipts in Q3 = (Budgeted sales in Q3 * Selling price per unit) * Sales collection in next quarter

Cash Receipts in Q3 = (32,000 * $8) * 0.30

Cash Receipts in Q3 = $76,800

Q4 Cash Receipts:

Budgeted sales in Q4: 16,000 units

Selling price per unit: $8

Sales collection in next quarter: 30%

Cash Receipts in Q4 = (Budgeted sales in Q4 * Selling price per unit) * Sales collection in next quarter

Cash Receipts in Q4 = (16,000 * $8) * 0.30

Cash Receipts in Q4 = $38,400

Now let's calculate the total annual cash receipts:

Total Cash Receipts = Cash Receipts in Q1 + Cash Receipts in Q2 + Cash Receipts in Q3 + Cash Receipts in Q4

Total Cash Receipts = $41,600 + $57,600 + $76,800 + $38,400

Total Cash Receipts = $214,400

However, we also need to consider the outstanding accounts receivable from the previous year, which is $72,000.

Adjusted Total Cash Receipts = Total Cash Receipts + Outstanding A/R from the previous year

Adjusted Total Cash Receipts = $214,400 + $72,000

Adjusted Total Cash Receipts = $286,400

Therefore, the correct answer is:

C. $641,600 (adjusted total cash receipts)

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Related Questions

In the early 2000s, easy credit made real estate the investment of choice in the United States. By the end of the decade, however, a recession had set in, impacting almost all businesses in the country. This example shows that _____.

Answers

This example shows that economic boom periods can overheat and lead to speculative bubbles.

A Speculative Bubble: What Is It?

A speculative bubble is characterized by a rapid, dramatic price increase that is driven more by market momentum and mood than by underlying fundamentals.

Fundamentals like significant profit growth or hopes of future market dominance at first fuel the speculation, but these fundamentals are eventually overtaken by other factors that don't reflect the real value of the company or industry.

Prices rise when investors rush to buy, thinking that prices will rise further and that if they don't buy, an opportunity will pass them by.

Fundamentals eventually overtake momentum, the bubble bursts, the stock tanks, and prices fall back to their pre-bubble levels.

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What is the solution to this equation x+15=28

Answers

Answer:

13

Explanation:

Trust me

Specialization can help a country's economy by:
O A. reducing the level of division in its labor force.
O B. increasing its overall opportunity costs.
O C. increasing the cost of its voluntary exchanges.
O D. reducing its need to be self-sufficient.

Answers

Answer: reducing its need to be self-sufficient

Answer:

reducing its overall opportunity costs.

Explanation:

How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78

Answers

Answer:

The present value is $537.78

Explanation:

Given

\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)

Required

The Present Value(I)

To calculate the present value, we simply apply the formula for future value;

\(FV = I *(1 + R)^T\)

Substitute 20,000 for FV; 50 for T and 7.5% for R;

This gives

\(20,000 = I *(1 + 7.5\%)^{50}\)

Convert percent to decimal

\(20,000 = I *(1 + 0.075)^{50}\)

\(20,000 = I *(1.075)^{50}\)

\(20,000 = I *37.19\)

Divide both sides by 37.19

\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)

\(\frac{20,000}{37.19} = I\)

\(537.778 = I\)

\(I = 547.78\ (Approximated)\)

Hence, the present value is $537.78

PLEASE HELP MEEEE PLEASE!!!!!!!!!!!!!!!!!
Which of these describes an aspect of a product benefit?
Answer Choices:
A. Appeal to our senses
B. The advantages of product features
C. Relate to the quality of the merchandise
D. Physical in nature

Answers

Answer:

B or C, probably B

Explanation:

what is the difference between a b2c and a c2b? group of answer choices b2c focuses on collaboration and c2b focuses on consumers. b2c focuses on companies as customers and c2b focuses on consumers as customers. b2c focuses on business to consumers and c2b focuses on consumers to business. b2c focuses on consumers as customers and c2b focuses on companies as customers.

Answers

The difference between a B2C (Business to Consumer) and a C2B (Consumer to Business) model lies in their focus on customers.

B2C model focuses on companies reaching out to consumers as customers, whereas C2B model focuses on consumers reaching out to companies as customers. In B2C, businesses offer products or services directly to the end consumers, while in C2B, consumers offer their products or services to businesses. For example, an online marketplace like Amazon follows a B2C model where it offers products to consumers. On the other hand, a freelance platform like Upwork follows a C2B model where freelancers offer their services to businesses. Understanding these models is essential for companies to decide which model they should follow to connect with their customers.

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Your boss asks you to write a press release about a client's new product. He edits your draft, adding information about the product that you know to be incorrect. What do you do?

Answers

Answer: In the above scenario,I would decline carrying out the task when I know information given to me would falsify or tarnish the image of the client

Explanation:

Integrity is vital in the world today. It could be a test indirectly for an opportunity tomorrow and when you fail there is a high probability those who used you for such would trust you because the would think you can easily be swayed.

In the above scenario,I would decline carrying out the task when I know information given to me would falsify or tarnish the image of the client. Integrity is a good name that keeps bearing fruit forever.

the first widespread model that addressed how individual work should be designed focused on
a. Job enlargement.
b. Job specialization.
c. Job enrichment.
d. Motivation design.
e. Job rotation.

Answers

The first widely used model that considered how individual work should be designed placed a strong emphasis on Job specialization

How does job specialization work?

When employees acquire knowledge, education, and experience in a particular field of competence, job specialization takes place. Because it helps to meet the demand for qualified individuals, job specialization is important in today's workforce.

Work specialization, which is distinct from job specialization as a leadership strategy, teaches employees how to handle challenging assignments by breaking them down into smaller, more manageable chunks.

For a better knowledge of scope and duties, both the employer and the employee should be aware of the basic job specialization dimensions. These are:

a deeper understanding of job specialty

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The first broad model that took into account how an individual's work should be designed focused on job specialization.

What is the job specialization example?

An assembly line is an example of a job-specialization environment. Productive activities are reduced to the very simple tasks performed by the different people throughout the system. These workers are very specific to their job as they only do one job.

What is the job specialization known for?

Job specialization, sometimes called division of labor, is the process by which employees develop specific skills, experience, and knowledge in specific areas in order to acquire the expertise needed to perform specific aspects of their jobs.

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case-based critical thinking questionscase 16-2jill is starting a fast food delivery company. she has designed a logo and plans to print flyers to advertise her plans to publish a book based on her experiences to inspire young entrepreneurs. to help protect her publishing rights, she should register a .a.copyrightb.trademarkc.patentd.digital watermark

Answers

To protect Jill's publishing rights for her book based on her experiences, she should register a:a. Copyright

Here's a step-by-step explanation:
1. First, it's important to identify the intellectual property (IP) rights that apply to Jill's different creations. In this case, she has a logo, a fast food delivery company, and plans to publish a book.
2. For her logo, Jill should consider registering a trademark. A trademark protects symbols, logos, and names that are used to identify a company and its products or services. By registering a trademark, Jill will prevent others from using a similar logo that might confuse customers.
3. For her book, Jill should register a copyright. A copyright protects original works of authorship, such as books, articles, and artistic works. By registering a copyright for her book, Jill will have the exclusive right to reproduce, distribute, and display her work, as well as the right to create derivative works based on her book.
4. It's worth noting that patents protect inventions and are not applicable in this scenario, as Jill's creations do not involve a new invention. Digital watermarks are also not relevant here, as they are used to embed information in digital media files, such as images or audio, and do not provide legal protection like a copyright or trademark.
Jill should register a copyright for her book to protect her publishing rights and inspire young entrepreneurs with her story.
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All changes saved
2. It's best for event marketers to have a single official website listing information about the event?

Answers

Answer:

True

Explanation:

Customers have a preference for a one-stop shopping experience. In other words, customers would prefer to shop in a store that provides a variety of all the products and services they need.

For event marketers, it will be advantageous if they list all their services on a single website.  Customers requiring a wide range of services are likely to contact them for business. If they list services on different websites, customers will likely view them as different providers, offering varied services. This will make them continue searching for a preferred service provider.

20 POINTS please answer quick!

Why do you think that most careers in the Education and Training cluster require a college degree of some sort? Explain in detail.

Answers

Answer:

There are different kind of careers that one can pursue in life; in order to choose a particular career, one has to consider some important factors.

Explanation:

In general, what would a POSITIVE
consequence of buying an economy car include?
A. limited environmental impact
B. worse gas mileage
C. smaller passenger capacity
D. less space

Answers

The positive consequence of buying an economy car includes limited environmental impact.

Explanation: Economy cars are well known for their affordability when you want to rent a vehicle for your trips or vacation. These cars have great fuel economy i.e about 22-36 MBG.

These cars do not consume a lot of gas and thus reduce the dependency on fossil fuels and we know that the lesser the Car consumes fuel, the lesser the smoke will come out after exhaustion which will directly decrease the percentage of harmful gases like carbon dioxide, nitrogen oxide, hydrocarbons, and carbon monoxide. These are the gases that are responsible for the depletion of the ozone layer, causing harm to us and the environment.

It's been estimated that Economy cars reduce pollution by an estimation of about 50%. Thus, we can say that buying an economy car will have limited environmental impact.

Limited environmental impact would a positive consequence of buying an economy car include. Hence, option A is correct.

What is Limited environmental impact?

A material or component that may be reused directly after reaching the end of its useful life with little to no additional processing has the lowest environmental impact. the year 2012's Advanced Materials in Automotive Engineering.

Environmental impacts are alterations to the built or natural environment that are a direct outcome of an activity and that may have a negative influence on the wildlife, fish, fisheries, fish, and other residents of the ecosystem.

Healthy ecosystems maintain our soil, clean our air, control the climate, recycle nutrients, and give us food. They offer resources and raw materials for making medications and other things.

Thus, option A is correct.

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Burger Buddies restaurant chain is attempting to bring back their fried fish sandwich. It is an
old favorite, but in recent times has lost its popularity with customers. The burger chain has
hired a marketing firm to find new customers for the fried fish sandwich. What does the
marketing firm need to focus their efforts on?
® consumer modification
market modification
product modification
1 marketing mix modification

Answers

The marketing firm need to focus their efforts on

product modification.

What is product modification

Product Modification includes changes that are done on an existing product to make it more acceptable.

This could include branding, changing the quantity and colour to help increase the demand.

Therefore, The marketing firm need to focus their efforts on product modification.

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Answer:

product modification

Explanation:

have a great summer you guys, i wish you all the best <3

Which are examples of copyrighted online materials? Check all that apply.

an article from an Internet magazine
lyrics for a song written in the 1800s
photos taken by a student on his blog
a video game that is free for anyone to copy
an illustration sold by an artist on her website
an excerpt from a novel published in 1913

Answers

Answer:

a and d

Explanation:

Answer:

A & E

Explanation:

edge test

What did Hayes purchase on his trip to Maine without consulting Knight?

Group of answer choices

Answers

In the book "The Stranger in the Woods," what did Hayes purchase on his trip to Maine without consulting Knight?In the book "The Stranger in the Woods," Hayes purchased a calculator on his trip to Maine without consulting Knight.

In the book, the author narrates the story of Christopher Knight, who lived alone in the Maine woods for over 27 years. During Knight's isolation, he relied on stealing and scavenging food, clothing, and other supplies from the surrounding area and campsites while avoiding human contact. Knight's camp was almost spotless and well organized, but it lacked a few essential things such as a watch and calculator, which Hayes purchased to make Knight's life easier. Knight was surprised to see the calculator, and it made his life easier when he needed to calculate things such as how long he would stay in one place or how much food he needed to gather.

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Which of the following is a good example of inflation? OA. You get a flat tire on your car. OB. You work three jobs in order to pay your bills It cost you $50 to gas up your car this month. But last month it cost you OC. $85 It cost you $85 to gas up your car this month. But last month it only cost OD you S50​

Answers

Answer: C.) It cost you $85 to gas up your car this month but last month it only cost you $50

Explanation:

________ is the level of capacity based on producing at full efficiency all the time.

Answers

Theoretical capacity is the level of capacity based on producing at full efficiency all the time.

Efficiency is the capacity to achieve a desired goal with the least amount of time, effort, and resources wasted. A better result, one that adds more value or produces a better outcome, is what effectiveness is able to produce.

The quantity of throughput that could be achieved if a production facility was able to operate continuously at its highest efficiency level is known as theoretical capacity. Since theoretical capacity is so difficult to achieve in practice, it shouldn't be used for planning or bonus compensation.

In summary, using practical capacity improves the conventional approach since it results in more accurate and consistent product costs and fewer bad management choices.

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a business pays the ss tax at the same rate and on the same taxable wages as its employees. True or False

Answers

The statement "a business pays the SS tax at the same rate and on the same taxable wages as its employees" is FALSE.

The Social Security Tax (SS tax) is a federal payroll tax used to pay for old-age, survivor, and disability insurance (OASDI) benefits.

The amount of social security taxes withheld from an employee's paycheck is 6.2 percent of their salary up to a certain limit.

Social Security tax, like Medicare tax, is also charged to the employer in addition to the employee's portion of the tax.

The employers pay a Social Security tax at a rate of 6.2% on taxable wages paid to the employees, which is similar to the rate paid by the employees.

The Social Security tax, however, is imposed on employee and employer contributions separately.

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What vision do you have for your own future?
A short summary of imagination positive future and pls include doctors cuz when I grow up I wanna be a doctor

Answers

     No one can write down a vision for your future, its your vision and future.

______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

how can interest rate on loan for rental property determine the rent

Answers

The interest rate on a loan for a rental property can have an impact on the amount of rent a landlord charges. If the interest rate is high, the landlord may need to charge more rent to cover the cost of the loan. If the interest rate is low, the landlord may be able to charge less rent.

doing personal interviews with holiday shoppers at an indoor mall is an example of ____ research.

Answers

Doing personal interviews with holiday shoppers at an indoor mall is an example of primary research. Primary research is a type of study in which the researcher goes out and gathers the information themselves.

They are capable of carrying out their own polls, observations, interviews, and ethnographic study.First-hand research is another name for primary research. The principal researcher gathered brand-new, recent data. It is a non-probability sampling when the sample is taken from the nearby portion of the population. Pilot testing uses this kind of sampling the most frequently! This is a convenience sample, per the given issue, given that the mall was picked since it was close to the researcher's home. As a result, we can say that the scenario is being provided as a convenience sample.

Complete question:

doing personal interviews with holiday shoppers at an indoor mall is an example of ____ research of sample.

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What is the role of interest groups, according to pluralist theories of modern democracy?.

Answers

The role of interest groups according to pluralist theories of modern democracy is they limit the centralization of power.

What is centralization?

Centralization refers to that type of government in which power is concentrated in a single authority. In such a system, only one authority is recognized in the whole country.  

Power is usually vested with the central authority. The degree of centralization is highest in a unitary state. Examples of unitary states are Britain, France, Ghana, etc.

The merits of centralization of power are reduced cost of operation, reduced conflict etc.

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Your manager tells you that a project design is confidential. What should you do?

Answers

Answer:

listen to him and try and talk about it with him and dont tell nobody else about it...

Explanation:

Owners of coffee plantations in the country of Cantonica grow their own coffee beans and supply them to various stores and restaurants all over the country. There are many plantation owners supplying to a huge number of companies, and they are typically unable to differentiate their products from one another. They also do not have the power to fix their own prices in the industry. In addition, these suppliers can only achieve competitive parity and not a competitive advantage. Thus, the coffee bean industry in Cantonica best illustrates a(n) ________ structure.

Answers

Answer:

Perfectly competitive structure

Explanation:

Based on the information we can say that the coffee bean industry in Cantonica best illustrates a(n) PERFECTLY COMPETITIVE structure reason been that this type of competitive structure companies can easily produce their own products and as well supply this product to different stores which makes them to have many small firms .

Secondly PERFECTLY COMPETITIVE structure allow owners of plantation to easily supply their product to different companies which which makes it hard for people to easily differentiate these products from one another.

Thirdly in PERFECTLY COMPETITIVE structure the firm involve have little or no right to increase the price of the product.

Therefore the coffee bean industry in Cantonica best illustrates a(n) PERFECTLY COMPETITIVE structure .

2. Ruby-Star Incorporated is considering two different vendors for one of its top-selling products, which has an average weekly demand of 50 units and is valued at $75 per unit. Inbound shipments from vendor 1 will average 350 units with an average lead time (including ordering delays and transit time) of 2 weeks. Inbound shipments from vendor 2 will average 500 units with an average lead time of 1 week. Ruby-Star operates 52 weeks per year; it carries a 2-week supply of inventory as safety stock and no anticipation inventory. A. What would be the average aggregate inventory value of this product if Ruby-Star used vendor 1 exclusively

Answers

The average aggregate inventory value of this product if Ruby-Star used vendor 1 exclusively would be $14,175,000.  

In this scenario, Ruby-Star is considering two different vendors for one of its top-selling products. The average weekly demand for this product is 50 units, and it is valued at $75 per unit. Inbound shipments from vendor 1 will average 350 units with an average lead time of 2 weeks, while inbound shipments from vendor 2 will average 500 units with an average lead time of 1 week.

Ruby-Star operates 52 weeks per year and carries a 2-week supply of inventory as safety stock and no anticipation inventory.

If Ruby-Star used vendor 1 exclusively, the weekly demand would be met with the average weekly inbound shipment of 350 units. The total inventory carried for the year would be:

(52 weeks * 50 units) + (52 weeks * 350 units) = 26,000 + 175,000 = 191,000 units

The value of this inventory would be:

191,000 * 75=14,175,000

Therefore, the average aggregate inventory value of this product if Ruby-Star used vendor 1 exclusively would be $14,175,000.  

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Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about
doubling your money every day. This information is

reliable and relevant
unreliable and relevant
reliable but Irrelevant
unreliable and irrelevant​

Answers

Answer:

When Emily wants to find out how to use her savings to make more money. She goes online and finds a great Web site about  doubling your money every day.

Unreliable and relevant

Explanation:

The reasons behind this answer are that at the first pace is relevant because she was looking for a place to use her savings to make more money. However, this is not a very reliable source of information because it is a random website and has no way to verify the authenticity and security of the operations that she could potentially make on it.  

Unreliable and relevant

Explanation:

First off it is Very Unreliable because you cant just double your money, that money will NEED to be earned by work which takes time, This is relevant because it seems like a relevant idea to people to just double money but just because this is relevant does not make it Reliable, therefore making this Answer "Unreliable and relevant."

Why is it possible that I can pick up the Air1 business signal 92.7 in Oceanside and what is the frequency down south that I'd lose the station at If I can still pick it up in 92054 Oceanside CA?

Answers

It is possible that one can pick up the Air1 business signal 92.7 in Oceanside the frequency that has been present in that area would be much higher to catch.

Because Air1's FM broadcasting transmitters is close to 92054 Oceanside, California, and has an excellent radio frequency signal, it's feasible for you to may hear its business signal on 92.7 in Oceanside. Television and audio transmission, mobile phones, satellite messaging, microwave ovens, and radars that are industry heaters, or sealers are just a few of the devices and appliances that employ RF. The southern frequency where you could lose the station is probably in the coastline area close to San Diego.

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When a partner is added to a partnership: a. The previous partnership ends. b. The underlying business operations end. c. The underlying business operations must close and then re-open. d. The partnership must continue. e. The partnership equity always increases.

Answers

When a partner is added to a partnership the partnership must continue

What is partnership?

A partnership is formed by individual who volunteers to work together in a business or association. They have an agreement about who contributes assets or services.

Partnership can either increase equity or decrease equity of an individual this is based on the contribution of the person to the business.

Therefore, When a partner is added to a partnership the partnership must continue

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By establishing property rights, governments provide _______ for people to create new goods and services.

1.thefts
2.incentives
3.Intangible assets

Answers

Answer:

2.incentives

Explanation:

There are many local, state, and federal government incentives available at the moment which are directed towards the home buyer, especially first home buyers of new homes. 

hopefully, that helps!

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Describe the climate of the Middle East and North Africa. Each of the 5 cats in a pet store was weighed. Here are their weights (in pounds):9, 13, 6, 7, 12Find the median and mean weights of these cats.If necessary, round your answers to the nearest tenth. median: mean: Show me step by step how you get the surface area of a circular pool that is 12foot in diameter You are comparing cell phones. The old model is 7/8 of an inch thick. The new model is 3/5 of an inch thick. How much thinner is the new model than the old model? The percent ionic character of a bond ______ with en. An arbitrary value of ______ divides ionic from covalent bonding. A 50.0 mL sample of gas is contained in a syringe with a pressure gauge attached. Initially, the gauge indicates a pressure of 1.00 atm. The plunger is pushed so that the pressure reads 1.45 atm. What is the new volume of the gas? About how many black soldiers joined the Union Army following theissuance of the Emancipation Proclamation? * Topics such as the effect of overcrowding and noise on human behavior are studied by ____ I need help with 14 can someone help grady exchanges property with a basis of $12,000 and fair market value of $18,000 for 60% of the stock of eadie corporation. pedro acquired the other 40% of the stock five years ago. calculate grady's current income, gain, or loss and the basis he takes in his shares of eadie stock as a result of this transaction. the sum of two numbers is 9 and their difference is 1 Nu GDP = $1000, tiu dng = $600, thu = $100, v chi tiu chnh ph = $200, th:A. Tit kim = $0, u t =$0B. Tit kim = $300, u t =$300C. Tit kim = $200, u t =$200D. Tit kim = $200, u t =$100 How does Chaucer's choice to set The Canterbury Tales" "Prologue" in spring contribute to the narrative? O It underscores the arduous journey the characters are about to take. O It emphasizes the limited time the characters have to make their pilgrimage. O It reinforces the notion that martyrdom is something to be avoided.O It casts the idea of religious pilgrimage as a new beginning. What sequence of events contributed to the colonies declaringindependence from Great Britain?Please help me this is due tomorrow Anna is in charge of the alumni fundraiser for her alma mater. She is selling pre-sale tickets for $10 and at-the-door tickets for $20. The venue has the capacity to hold 400 people. The graph represents the number of tickets Anna needs to sell to offset her upfront costs and raise $5,000 for her schoolA.400B.300C.250D.100 What is the measure of line AD Need help asap please 13. Which formula can be used to determine the volume of the 3D figure pictured?a. V = 4x^3 + 1/3x^3b. V = 4x^3c. V = 6x^3 + 1/3x^3d. V = 1/3x^3 The price p (in dollars) and the quantity x sold of a certain product obey the demand equation. x=2p+600 Which of the following substances is expected to have the highest vapor pressure? a. CO B. N2C. I2 D. H2S E. HCI