Thomas-nadal will purchase how much goods in quarter 3

Assignment Help Financial Management

Reference no: EM132027536

The Thomas-Nadal Co. has the following estimated sales: Q1 Sales $3,800 Q2 $3,300 Q3 $2,800 Q4 $4,400 Purchases are equal to 67% of the following quarter's sales. The accounts receivable period is 45 days and the accounts payable period is 60 days.

Assume that there are 30 days in each month. Thomas-Nadal will purchase _____ of goods in quarter 3 and pay their suppliers _____ during quarter 3.

Reference no: EM132027536

Questions Cloud

How much will you have to pay every two years : He will lend you the money, and you will repay the loan by making the same payment every two years for the next 10 years (i.e.. a total of 5 payments).

What are the three commonly accepted facts about yield curve : What are the three commonly accepted facts about yield curves? Explain the theory (reasoning) behind each of the three facts?

Research the concept of the consumption tax : Propose a consumption tax system that will meet the criteria of "good" tax in other word that is "fair".

What annual interest rate will the bond earn : You are thinking about buying a savings bond. The bond costs $46 today and will mature in 15 years with a value of $92.

Thomas-nadal will purchase how much goods in quarter 3 : Assume that there are 30 days in each month. Thomas-Nadal will purchase _____ of goods in quarter 3 and pay their suppliers _____ during quarter 3.

What will be your annual payment if you sign this mortgage : The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 9% per year .

What is its times-interest-earned ratio : Thomson Trucking has $20 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 5%.

Calculate the total amount of interest paid throughout : Draw the amortization schedule on a monthly basis using Excel. Calculate the total amount of interest paid throughout the life of the loan.

Record the journal entries for the given transactions : Record the journal entries for the following transactions. On April 1st, the Batman Company received a deposit from their customer for future services

User Account

All Pages