How much will the company pay suppliers in the third quarter

Assignment Help Finance Basics
Reference no: EM132516450

Purchases are equal to 55 percent of next quarter's sales. Each month has 30 days, the accounts receivable period is 32 days, and the accounts payable period is 35 days. How much will the company pay suppliers in the third quarter?

Reference no: EM132516450

Questions Cloud

At what average monthly fee would demand equal zero : At what average monthly fee would demand equal zero? At what average monthly fee would supply equal zero? Plot the supply and demand curves.
What is the initial value of gladstone debt : Gladstone Corporation is about to launch a ne w product. Depending on the success of the new product, Gladstone may have one of four values next year:
Responsible for the security of information : Who is ultimately responsible for the security of information in an organization? What are the disadvantages of using a VPN instead of a leased line?
Importance and purpose of conduct and ethics : Information on the importance and purpose of conduct and ethics. What information might you utilize for ethical hiring within your organization?
How much will the company pay suppliers in the third quarter : Purchases are equal to 55 percent of next quarter's sales. Each month has 30 days, the accounts receivable period is 32 days, and the accounts payable
What approach should be adopted : From an efficiency perspective of Positive Accounting Theory (PAT), what approach should be adopted when managers are approaching retirement?
Construct a diversified portfolio : You have just been appointed as the NEW Portfolio Manager of asset management company, and you are given a responsibility to setup an investment
Playfurn buy the new machine : If the required rate of return 10 per cent per annum, should Playfurn buy the new machine?
Make a report that will be of more value in analyzing : Make a report that will be of more value in analyzing and appraising performance of manager of Department D for October and comment on the operating results?

Reviews

Write a Review

Finance Basics Questions & Answers

  Is the bank in compliance with the reserve requirements

The average demand deposit balance of a local bank during the most recent reserve computation period is $225 million.

  Calculate total selling and administrative expenses

Kapital Inc. has prepared the operating budget for the first quarter of 2015. They forecast sales of $50,000 in January, $60,000 in February, and $70,000 in March. Calculate total selling and administrative expenses for the month of January & Febru..

  Compute the difference in service volume

Compute the difference inservice volume (number of meals served) between the high and the low time periods (months).  Subtract the low time period from the high time period.

  Find the value function

(a) Denote by ? the lagrange multiplier. Write down the lagrangian function and find the optimal values (x * 1 (m), x * 2 (m), ? * (m)).

  What is the estimated value of this office property

a. What is the estimated value of this office property (assume a .10 terminal cap rate)? b. What is the current, or "going-in," cap rate for this property?

  Projected eps after completion of the project

What is the projected EPS after completion of the project?

  Organizational identification merger

Please critique the following article with  the literature review, methodology and state key findings.

  What should be the current value of abc stock

ABC Corporation just paid a dividend of $1.50 a share. The dividend is expected to grow at 10% a year for the next 2 years, and the 5% per year thereafter. The required return to invest in ABC stock is 10.50%.

  Risk factors of holding a domestic bond

Describe in detail each of four risk factors of holding a domestic bond. Your summary should convince the reader that you fully understand each risk factor.

  What is the current stock price

One year from today, investors anticipate that stock will pay a dividend of 3.25 per share

  Calculate the total amount paid to financial institution

Assume first payment is made one month from today and you make all of the payments on time, calculate the total amount paid to your financial institution.

  What is quigley wacc

You were hired as a consultant to Quigley Company, whose target capital structure is 40% debt, 10% preferred, and 50% common equity. The interest rate on new debt is 6.50%, the yield on the preferred is 6.00%, the cost of retained earnings is 12.25%,..

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