The firm expect to collect in the fourth quarter

Assignment Help Financial Management

Reference no: EM131307929

Quiet Press has a 38-day accounts receivable period. The estimated quarterly sales for this year, starting with the first quarter are $1,200, $1,400, $1,900, and $1.200, respectively. How much does the firm expect to collect in the fourth quarter? Assume a 360-day year.

Reference no: EM131307929

Questions Cloud

Financial ratios you would probably be most interested : You are considering lending the Biqing Company $35,000 for seventy days. The financial ratios you would probably be MOST interested in are

The real risk-free rate of return-corporate bonds : Suppose economists have determined that the real risk-free rate of return is 3 percent and that inflation is expected to average 2.5 percent per year long into the future. A 1-year Treasury note offers a rate of return equal to 5.5 percent. You are e..

Provide the base-case and worst-case : A project has four activities (A, B, C, and D) that must be performed sequentially. The probability distributions for the time required to complete each of the activities are as follows: Activity Activity Time (weeks) Probability A 5 0.25 6 0.35 7 0...

Effective quarterly rate because of effect of compounding : You are looking at an investment that has an effective annual rate of 14.2 percent. What is the effective monthly return? Here we need to convert an EAR into interest rates for different compounding periods. Using the equation for the EAR, we get: No..

The firm expect to collect in the fourth quarter : Quiet Press has a 38-day accounts receivable period. The estimated quarterly sales for this year, starting with the first quarter are $1,200, $1,400, $1,900, and $1.200, respectively. How much does the firm expect to collect in the fourth quarter? As..

Calculate net present value for method : Dixie Dynamite Company is evaluating two methods of blowing up old buildings for commercial purposes over the next five years. Method one (implosion) is relatively low in risk for this business and will carry a 11 percent discount rate. Calculate net..

Why whole life insurance policy requires a larger premium : Develop a set of family circumstances where each of term insurance and whole life insurance are the most appropriate type of policy to meet the consumer's needs. Explain why a whole life insurance policy requires a larger premium than a term insuranc..

End of seven years in order to deplete the account : A person deposits $10400 in an account which earns 7% compounded quarterly. At the end of 2 years the person withdraws $2600, and at the end of 5 years they withdraw $3640. How much can be withdrawn at the end of 7 years in order to deplete the accou..

Determine the amount required to settle debt at end of years : A person owes $1300 at the end of 5 years and $6550 at the end of 10 years. Due to changes in their financial situation, the person was allowed to pay $900 at the end of 3 year(s) and a final payment at the end of 13 years using 10.5% compounded annu..

User Account

All Pages