User Account

All Pages

Percent two months after the month of sale

Assignment Help Finance Basics
Reference no: EM132552460

Greetings, Not sure why I'm getting this problem wrong. Would really appreciate any help. Thank you!

A company has projected the sales below for the next four months. The company collects 41 percent of its sales in the month of sale, 44 percent in the month following the month of sale, 13 percent two months after the month of sale, and never collects 2 percent of its sales. How much will the company collect in April?

January February March April

Sales 137,300 143,900 151,975 165,400

Reference no: EM132552460

Questions Cloud

Discuss what you liked about that database : Under features discuss what you liked about that database. ON the discussion board summarize your search---attach your chart for those that would like to see.
Corporate ethics in making financial decisions : Describe the role of corporate ethics in making financial decisions.
Compute what transfer price would recommend : Compute What transfer price would recommend if there was no outside market for the transferred component and the assembly division had spare capacity?
Describe a relevant policy or practice in your organization : Describe a relevant policy or practice in your organization that may influence your selected healthcare issue/stressor. Critique the policy for ethical consider
Percent two months after the month of sale : A company has projected the sales below for the next four months. The company collects 41 percent of its sales in the month of sale, 44 percent in the month
How to make a revenue budget for the upcoming academic year : Find and List at least five actions that South Hampton might take to accommodate the growing student numbers. Assume there is a shortage of full-time academic.
Discuss types of crisis that families may encounter : Read chapter 11 of your textbook and answer the following questions: Mention at least two types of crisis that families may encounter (from textbook).
Prepare the production budget in units budgets of hakim sdn : Prepare the Production Budget in units budgets of Hakim Sdn Bhd for each month of the first quarter for the year ending 31 December 2020.
Market value of both assets and liabilities : Why does a rise in the level of interest rates adversely affect the market value of both assets and liabilities?

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