Historical and projected sales

Assignment Help Finance Basics
Reference no: EM132487841

Historical and projected sales for the brewing company are given here: January 60,000 February 65,000 March 70,000 April (Projected) 60,000.

A. Under these circumstances, what should the balnce be in accounts receivable be at the end of April?

B. How much cash did Jimmie's realize during April from sales and collections?

Reference no: EM132487841

Questions Cloud

What is the cash conversion? cycle : a. What is the cash conversion? cycle? b. What would happen to the cash conversion cycle if they could stretch their payments to suppliers from 13 days to 33 ?
Present value of an ordinary annuity : The present value of an annuity due is smaller than the present value of an ordinary annuity at the same rate of return and for the same number of flows.
Calculate the present value of the interest tax shields : Calculate the present value of the interest tax shields and the value of the firm after the proposed restructuring.
What is the total amount of new money raised : What is the total amount of new money raised? What is the expected stock price after the rights are issued? Why is the stock price expected to fall after the ri
Historical and projected sales : Historical and projected sales for the brewing company are given here: January 60,000 February 65,000 March 70,000 April (Projected) 60,000.
Determine and calculate cash flow from financing activities : Determine and Calculate cash flow from financing activities. Create a cash flow table. Show that cash effects net to a $450 outflow.
Describe what is a conventional mortgage : Briefly describe what is a conventional mortgage compared to non-conventional and what a person would have to do if they could not come up with the minimum
Calculate the rate of return per annum over the 5-year : Mr. Lim has $10,000 to invest for a period of 5 years. He has a choice of either the bonds or stocks of the Oxley Company.
Calculate the npv and irr with mitigation : Calculate the NPV and IRR with mitigation. Round your answers to two decimal places.

Reviews

Write a Review

Finance Basics Questions & Answers

  Explain how an irrevocable l/c would normally facilitate

Can you think of any alternative strategy that the U.S. exporter could have used to protect itself better when dealing with a Russian importer?

  Differentiate between money and capital markets

Describe the role of the financial institutions and financial markets in our economy

  A firm has a debt-equity ratio of 40 what is the total debt

a firm has a debt-equity ratio of .40. what is the total debt ratio?a. 29b. 33c. 67d. 1.40e. 1.50a firm has a

  How much should you have in total at the end of 25 years

If you never withdraw any funds from the account, if all funds earn the going rate of return for the time period, and if all of your savings

  How could legislation impact on operations

How could legislation impact on operations within your organisation in relation to innovation, project management, and operational planning?

  What is the value of the project to wandering rv

Wandering RV is evaluating a capital budgeting project that is expected to generate $36,950 per year during its six-year life. If its required rate of return is 10 percent, what is the value of the project to Wandering RV?

  Sanders prime time company has annual credit sales of

sanders prime time company has annual credit sales of 1800000 and accounts receivables of 210000. compute the value of

  What is the value of each warrant

However, with the warrants attached the bonds will pay a 6% annual coupon and still sell for the face value of $1,000. What is the value of each warrant?

  Considered alone which of the following would increase a

considered alone which of the following would increase a companys current ratio?a.an increase in accounts payableb.an

  Which of the following items are classified as assets on a

which of the following items are classified as assets on a typical balance sheet?a. depreciation.c. cash.b. ceo

  Its been 2 months since you took a position as an assistant

its been 2 months since you took a position as an assistant financial analyst at caledonia products. although your boss

  A property and casualty insurance company

a. How is the combined ratio of a property and casualty insurance company calculated, and what does the combined ratio measure?

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!

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