Estimated monthly sales-what is the amount of the collection

Assignment Help Financial Management

Reference no: EM13873596

Westover Products has the following estimated monthly sales: February $8,100, March $8,600, April $9,500 & May $11,200. The accounts receivable period is 45 days. What is the amount of the collections in May? Assume each month has 30 days.

A. $13,800

B. $11,700

C. $8,350

D. $9,050

E. $9,500

Reference no: EM13873596

Questions Cloud

Prepare a global business etiquette trading strategy : Demonstrate leadership and collaborative skits to perform effectively in a team within your host institution.

How should a business use working capital analysis? : How should a business use working capital analysis?

What are the chart types you will use : Construct a control -chart using the Excel templates available to you. - What are the chart types you will use? Explain Why? Is the average completion time for forms in this process in control? Why? Explain all reasons

Identify two key procedures that are functions of work team : Identify two key procedures or duties that are central functions of your work team. Confirm these with your assessor to make sure they are appropriate for the assessment task.

Estimated monthly sales-what is the amount of the collection : Westover Products has the following estimated monthly sales: February $8,100, March $8,600, April $9,500 & May $11,200. The accounts receivable period is 45 days. What is the amount of the collections in May? Assume each month has 30 days.

What risks or challanges might a healthcare manager encount : What risks or challanges might a healthcare manager encounter

What is the purpose of the osu sheep/goat center : General Management- What breed(s) of sheep does OSU raise? OSU also has a group goats. What type of goat is this and what is the specific breed is this , What is the purpose of a dodge chute and When are the sheep at OSU sheared?

Deal with uncertainty in discounted cash flow analysis : Compare and contrast the three tools used to deal with uncertainty in discounted cash flow analysis: scenario analysis, break-even analysis, and simulation.

What is the annual equivalent cost of the investment : Consider a palletizer at a bottling plant that has a first cost of $162,000, operating and maintenance costs of $18,900 per year, and an estimated net salvage value of $27,000 at the end of 30 years. Assume an interest rate of 8%. What is the annual ..

User Account

All Pages