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Question - Your sales on January and February were $120K and $150K respectively.
You'd like to make a cash budget for March, April and May for which you project sales of $133K, $160K and $125K respectively. The cash sales represent 50%, while the ones that give one and two months of credit represent a 30% and 20% respectively.
1. Calculate your cash inflows in March.
2. Calculate your cash inflows in April.
3. Calculate your cash inflows in May.
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Find the inventory cost by the weighted average cost method. There are 1,500 units of the item in the physical inventory at December 31. The periodic inventory
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questionusing the information below and on the next two pages prepare the following as at 30th june 2014part a
Based on the firms' characteristics and experiences and the reasons cited to support the acquisition, do you feel it will result in increased strategic
james, age 17, is claimed by her parents as a dependant, during 2011, she had interest income from a bank savings account of $2,000 and income from a part-time job of $4,200. how much will be James' taxable incom?
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