User Account

All Pages

Gross sales for the quarter are projected

Assignment Help Business Management
Reference no: EM1382529

Q. Larsen Manufacturing Company needs to know its anticipated cash inflows for the next quarter by month. Cash sales are 20 percent of total sales each month. Historically, sales on account (credit sales) have been collected as follows: 50 percent in the month of the sale, 30 percent in the month after the sale, and the remaining 20 percent two months after the sale. Gross sales for the quarter are projected as follows: January, $20,000; February, $10,000; and March, $30,000. Accounts receivable on December 31 were $15,000. Larsen's expected cash collections for March would be.

Reference no: EM1382529

Questions Cloud

The majority of eukaryotic cells : The main of eukaryotic cells are on the order of 10-100 micrometers in diameter. Bacterial cells are smaller, typically in 1-10 micrometers.
Effective thermal capacity in climates : For energy conservation, materials with a high thermal capacity are effective in climates in which the heat flow through the building envelope is:
Cross in pure breeding green budgie and albino budgie : A cross is made in a pure-breeding green budgie and a pure-breeding albino budgie. What are the genotypes of the parent birds?
How many seconds before plane is directly overhead : A piston, A, has a diameter of 0.74cm. A second piston, B, has a diameter of 2.6 cm. In the absence of friction, determine the force, F, essential to support the 539.7 N weights. Answer in units of N.
Gross sales for the quarter are projected : Gross sales for the quarter are projected as follows: January, $20,000; February, $10,000; and March, $30,000. Accounts receivable on December 31 were $15,000. Larsen's expected cash collections for March would be:
Program read data from input file and select specified items : Program should be able to read data from input file and select the specified items. Write data for school-age males to file male.out and data for school-age females to female.out.
What is the kinetic energy of emitted electrons : A person with perfect pitch sits on a bus bench listening to the 450 Hz horn of an approaching car. If the person detects the frequency of 470 Hz, how fast is the car moving.
Nonradioactive phosphorous for many generations : Phosphorous is needed to synthesize the deoxyribonucleoside thriphosphates used in DNA replication. A geneticist grows some  E. coli  in a medium containing nonradioactive phosphorous for many generations.
What minimum coefficient of friction : In a popular amusement park ride, the rotating cylinder of radius 3.0 m is set in rotation at an angular speed of 7.0 rad/s. The floor then drops away, leaving the riders suspended against the wall in a vertical position.

Reviews

Write a Review

Business Management Questions & Answers

  Employee training for stress reduction

A visualization of how Martha Stewart coped with the stress and an explanation of how the indictment must've caused stress for the MSO employees.

  Explain the concept of commingling assets

What do you think Kozlowski's motivation for trying to avoid sales taxes on his art purchases was and explain the concept of commingling assets with respect to the Tyco case.

  Performance review evaluations and bias

Has anyone ever worked with a system that actually brings in several levels of management in order to minimize the possible bias resulting from bad leadership? How much does "politics" come into play in such cases?

  Fmc aberdeen

Kenneth Dailey, site manager for FMC Corporation's Green River, Wyoming, facility, leaned back in his seat in the conference room near his office. He was listening to a team of employees tell him about their visit to FMC's Aberdeen,

  Types of information in pre-departure training

In your pre-departure training, what types of information should you get?

  Improving decision making with theories

What problems in team decision making likely caused the committee to select for the award the worst applicant on their list

  Explain shutdown caused by the three branch of government

Explain Shutdown caused by the three branch of government that can't come to an agreement on the budget issue has continues it is likely to affect every sector of the US economy

  Role of the internal audit committee

Show the role of the internal audit committee in current corporate governance practice and what does the committee do? What criteria are used to select members of the committee?

  Law firm mobile device security management

Case study:Law Firm Mobile Device Security Management

  Show change management plan

Identify sources of conflict, conflict handling modalities and check how the strategic project will impact the organization in terms of money, budget, revenue, etc.

  Protecting market share

Dell Corp. has entered the printer market, HP's most successful product line.  If you are the product manager at HP, what will you do to protect your market share against Dell?

  Equate the training methods - simulations and presentations

Equate the following training methods: simulations, presentations, case studies and discussions. Determine which training technique you believe to be the most effective and explain why.

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