Accounts are paid on average 60 days after sale sales per

Assignment Help Finance Basics
Reference no: EM13574351

Average Investment in Accounts Receivable. The cost of product X is 30 percent of its selling price, and the carrying cost is 8 percent of selling price. Accounts are paid on average 60 days after sale. Sales per month average $25,000. What is the investment in accounts receivable?

Reference no: EM13574351

Questions Cloud

Marcel co is growing quickly dividends are expected to grow : marcel co. is growing quickly. dividends are expected to grow at a 30 percent rate for the next three years with a
Km ries tere bax and josh thomas invested 30000 46000 and : kim ries tere bax and josh thomas invested 30000 46000 and 54000 respectively in a partnership. during its first
What should be the balance in kents deferred tax liability : 1. panther co. had a warranty liability of 345000 at the beginning of 2013 and 309000 at the end of 2013. warranty
As a result of the system the float time will be reduced : lockbox. doral corporation is considering a lockbox arrangement that will cost 216000 per year. average daily
Accounts are paid on average 60 days after sale sales per : average investment in accounts receivable. the cost of product x is 30 percent of its selling price and the carrying
Eloise is a sales representative for a video production : eloise is a sales representative for a video production company. while at an exposition she incurs 2000 in
Timber rights on a tract of land were purchased for 800000 : data related to the acquisition of timber rights and intangible assets during the current year ended december 31 are as
Explain why sunk costs should not be included in a capital : explain why sunk costs should not be included in a capital budgeting analysis but opportunity cots and externalities
Razar sharp company purchased equipment on july 1 2010 for : razar sharp company purchased equipment on july 1 2010 for 22140. the equipment was expected to have a useful life of

Reviews

Write a Review

Finance Basics Questions & Answers

  How much should the court invest today assuming end of year

joe won a settlement that will pay him 11000 at the end of each year for the next ten years. if market interest rates

  What must the coupon rate be on the bonds

Osbourne Corporation has bonds on the market with 16.0 years to maturity, a YTM of 10.5 percent, and a current price of $943. The bonds make semiannual payments. What must the coupon rate be on the bonds?

  What would make for a larger increase in the stock variance

What would make for a larger increase in the stock's variance: an increase of .15 in its beta or an increase of 3% in its residual standard deviation?

  In this module you have been introduced to the capital

in this module you have been introduced to the capital asset pricing model capm. the required return can be determined

  Changing the value of levered firm

In a world of no corporate taxes if the apply of leverage does not change the value of levered firm relative to the unlevered company this is known as:

  Lang industrial systems company lisc is trying to decide

lang industrial systems company lisc is trying to decide between two different conveyor belt systems. system a costs

  What is the projects discounted payback period

A project has an initial cost of $51,725, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of 13%. What is the project's payback period? Round your answer to two decimal places.

  What is the expected dividend per share

What is the expected dividend per share for each of the next 5 years? Round your answers to the nearest cent.

  What would you advise the winner to do

What would you advise the winner to do, and why?

  The element of a corporations annual report that describes

the element of a corporations annual report that describes the corporations accounting methods is thea notes to the

  Determine the average level of inventory

It takes 5 days to receive a shipment after an order is placed, and the firm wishes to hold 10 days' usage in inventory as a safety stock.

  Determine the current market prices

Discounting refers to the process of bringing the future back to the present and determine the current market prices of the following $1,000 bonds if the comparable rate is 10% and answer the following questions.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd