Prepare monthly schedule of cash receipts for june

Assignment Help Financial Management
Reference no: EM131995512

Aqua Gardens Forecasts sales as follows:

June $100,000

July $150,000

August $75,000

All sales are made on credit; 60% are collected in the month after the sale and 40% is collected in the second month after the sale.

May's sakes were $50,000 and April sales were $40,000

Prepare a monthly schedule of cash receipts for June, July and August. Please do this in a table in either word or excel.  

What would the accounts receivable balance be at the end of August?

Reference no: EM131995512

Questions Cloud

Does this stream represent annuity due or ordinary annuity : What is the PV (present value) of this cash flow stream? Does this stream represent an annuity due or an ordinary annuity?
What is the return to the bank on these loans : What is the return to the bank on these loans?
Determine profit by completing actual pro forma statement : Determine a production schedule and the associates use of new materiak. Determine profit by completing the actual pro forma statement
Addition to the noble art of getting things done : An ancient Chinese proverb says, "In addition to the noble art of getting things done, there is the noble art of leaving things undone.
Prepare monthly schedule of cash receipts for june : Prepare a monthly schedule of cash receipts for June, July and August. Please do this in a table in either word or excel.
Value of the andersons portfolio before the rights offering : What is the value of a right? What is the value of the Andersons’ portfolio before the rights offering?
Is the study important in the real world : Is the study important in the real world? (Was it in generalization mode? Could it be? To what extent does real-world applicability matter?)
The investor aftertax income from the cash dividend : Assume in Stage IV that an investor owns 285 shares and is in a 15 percent tax bracket. What will be the investor’s aftertax income from the cash dividend?
What are the ethical dilemma mne face in the context : What are the Ethical Dilemma MNE face in the context of Human Right when dealing with (Treatment to employees)?

Reviews

Write a Review

Financial Management Questions & Answers

  What are the best-case and worst-case npvs

McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $840 per set and have a variable cost of $440 per set. The company has spent $154,000 for a marketing study that determined the company will sell 58,000 sets per year ..

  What is the present value of the liability

If the appropriate discount rate is 7 percent, what is the present value of the liability?

  Benefits and risks of using stock index futures to hedge

What are the benefits and risks of using stock index futures to hedge? To what price must the stock index futures contract move in order to cover that loss?

  Calculate the annual payment to the lender

The interest rate on the loan is 10.5% per year and the period is 8 years. The market discount rate is 9.5% per year.

  Odd dividend policy-how much will you pay for a share today

Bucksnort, Inc., has an odd dividend policy. If you require a return of 12 percent on the company’s stock, how much will you pay for a share today?

  Describe the organizational forms a company

Describe the organizational forms a company might have as it evolves from a start up to a major corporation.

  Competitive environment analysis

Competitive Environment Analysis. Who are Polaris’ direct competitors? What are the key success factors needed to compete in this industry? Primary competitor’s goals and strategy. What is the depth and breadth of competitor’s product line?

  Market segmentation theories-liquidity preference

Do the theories of the shape of the yield curve offer any insignts into the rate pattern? Discuss the expectations, liquidity preference, and market segmentation theories.

  What about triple in value

Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 17 percent and the standard deviation of those returns in this period was 43.68 percent. What about triple in value?

  Wal-mart is the equivalent of winning the powerball lottery

For many companies, the opportunity to sell to Wal-Mart is the equivalent of winning the PowerBall lottery

  What is the firm after-tax component cost of debt

What is the firm's after-tax component cost of debt for purposes of calculating the WACC?

  Viable strategic alternatives for the future

Identify Anheuser-Busch InBev viable strategic alternatives for the future and evaluate the feasibility of success for each.

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