User Account

All Pages

Expected quarterly sales

Assignment Help Finance Basics
Reference no: EM132524998

Weisbro and Sons purchase their inventory one quarter prior to the quarter of sale. The purchase price is 60 percent of the sales price. The accounts payable period is 60 days. The accounts payable balance at the beginning of quarter one is $27,000. What is the amount of the expected disbursements for quarter two given the following expected quarterly sales?

Quarter 1: $73,000

Quarter 2: $114,000

Quarter 3: $106,000

Quarter 4: $115,000

Reference no: EM132524998

Questions Cloud

Calculate the npv for the project for franklin mints : Calculate the NPV for the project for Franklin Mints. The company projects that the cash flows from this investment will be $221,450 for the next 9 years.
It management and governance issues : Do you think that amalgamation of IT technologies can create a serious threat for management? Why or why not?
Calculate the current price for the share : Calculate the current price for this share. Bendix Banks is interested in buying shares in BHP Pty Ltd which is growing at a constant rate
Calculate market price of the bonds : Calculate market price of the bonds. Indian Press Pty Ltd has issued 9-year bonds with a coupon of 5.475 percent and semi-annual coupon payments.
Expected quarterly sales : What is the amount of the expected disbursements for quarter two given the following expected quarterly sales?
Itpm best practices and project costing-business continuity : Evaluate the four risk-mitigation options and strategies. Give your opinion as to what circumstances would warrant each strategy.
What gold bank the lender has carrying amount of : In addition, gold bank charges light blue a 5-point non refundable loan origination fee. Gold bank, the lender, has carrying amount of
Find how much must set aside each year to make sure : APR Compounding monthly, how much must you set aside each year to make sure that you will have $3.5 million in the account on your 65th birthday?
What is the effective annual rate of the discount : A supplier grants your firm credit terms of 1/15, net 60. What is the effective annual rate of the discount if the firm purchases $1,950 worth of merchandise?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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