What are dorian industries total cash receipts

Assignment Help Financial Management

Reference no: EM131622927

Dorian Industries' projected sales for the first four months of 2016 are given below:

Jan. $150,000

Feb. $240,000

Mar. $180,000

April $200,000

20% of sales are collected in cash at time of sale, 50% are collected in the month following the sale, and the remaining 30% are collected in the second month following the sale.

What are Dorian Industries total cash receipts for April 2016?

Reference no: EM131622927

Questions Cloud

What shows international transactions : What shows international transactions that involve currently produced goods and services?

Companies have decided to expand rapidly through mergers : The directors of the Shell Group of Companies have decided to expand rapidly through mergers.

Why are you drawn to these particular tactics : Why are you drawn to these particular tactics, traits, or models? How do they interconnect with your own personal, moral, ethical, or religious beliefs?

Find tatiana adjusted principal on the loan : Tatiana Jacobs borrowed $8,500 on a 9%, 180-day note. On the 60th day, Tatiana paid $3,000 on the note. If ordinary interest is applied.

What are dorian industries total cash receipts : What are Dorian Industries total cash receipts for April 2016?

Define legal concepts and applying the facts to the issues : Amira sells auto parts from her home. She usually sells the parts to her neighbors and friends. She has been doing this for a long time

Write a paper in which you describe your selected facility : Write a 750- to 1,050-word paper in which you describe your selected facility. Explanation of the need for the building or renovation.

Find the adjusted balance due at maturity : Find the adjusted balance due at maturity for a 90-day note of $15,000 at 13.8% ordinary interest if a partial payment of $5,000 is made on the 60th day.

Discuss the ethical issues face by the owner : When the accountant questions your profitability assumptions, you remind him that he has been given 10,000 shares of the company stock at a low price

User Account

All Pages