Reference no: EM133111424
Accounts Payable
A chain of appliance stores, APP Corporation, purchases inventory with a net price of $250,000 each day. The company purchases the inventory under the credit terms of 1/15, net 35. APP always takes the discount but takes the full 15 days to pay its bills. What is the average accounts payable for APP? Round your answer to the nearest dollar.
Receivables Investment
Snider Industries sells on terms of 2/10, net 35. Total sales for the year are $1,400,000. Thirty percent of customers pay on the 10th day and take discounts; the other 70% pay, on average, 40 days after their purchases. Assume a 365-day year.
What is the days sales outstanding? Do not round intermediate calculations. Round your answer to the nearest whole number.
What is the average amount of receivables? Do not round intermediate calculations. Round your answer to the nearest dollar.
What would happen to average receivables if Snider toughened its collection policy with the result that all nondiscount customers paid on the 35th day? Do not round intermediate calculations. Round your answer to the nearest dollar.
|
Default swap on air products and chemicals
: In the morning, you purchased $10 million 5 year credit default swap on Air Products and Chemicals (rated A2/A) at a market credit risk premium of 75 basis poin
|
|
Show how the equity method income from vie is compute
: The fair value and book value of the identifiable net assets of the Legal entity equals $840,000. Show how the Equity method income (loss) from VIE is computed
|
|
Why are adjustments needed at end of an accounting period
: Why are adjustments needed at the end of an accounting period? Describe the nature of the assets that compose the following sections of a balance sheet
|
|
What is the earnings and earnings growth of amazon
: What is the earnings and earnings growth of Amazon over the last 18 month period: is it realizing great returns to its shareholders compared to its peers? You n
|
|
Assignment on accounts payable
: A chain of appliance stores, APP Corporation, purchases inventory with a net price of $250,000 each day. The company purchases the inventory under the credit te
|
|
Estimate the appropriate after-tax value
: It will be located on a site that the firm currently owns. The firm paid $2,000,000 for this site many years ago, and it is fully depreciated.
|
|
Case study-williams industries
: Williams Industries has decided to borrow money by issuing perpetual bonds with a coupon rate of 8.5 percent, payable annually, and a par value of $1,000. The o
|
|
Bond nominal yield to call-jerome corporation
: The bond has a 5.0% nominal yield to maturity, but it can be called in 6 years at a price of $1,050. What is the bond's nominal yield to call?
|
|
Calculate the standard deviation of returns
: You are considering an investment in either individual stocks or a portfolio of stocks. The two stocks you are researching. Stock A and Stock B, have the follow
|