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Question - You are the CFO of a company which is considering whether it's worth while to speed up collections of account receivables to reduce the cash conversion cycle. This is the current situation in your company:
Expects annual sales = 1 billion
80% of these sales are received immediately and the rest 20% after one year.
You are considering whether it's worth to demand quicker payment from customers. You estimated that you can collect 90% of annual sales immediately if you lower prices by a certain amount. As a result of these discounts, your expected annual sales will decrease by 2% to 980 million a year.
To solve thus question, assume that there are no costs and no taxes. Thus, sales are equal to profits. In addition, there are no receivables to collect at the beginning of the first year.
If you decide to implement the change (90% collected immediately), what are the cash flows at the beginning and end of first year?
Determine what is the amount of the fringe benefits cost to be allocated to Division A and to Division B. Beasley Services Company (BSC) has 50 employees
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shamrock company had net income of 30000. on january 1 the number of shares of common stock outstanding was 8000. what
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World Company expects to operate at 80% of its productive capacity of 70,000 units per month. At this planned level, the company expects to use 25,200 standard.
laura eddy opened eddys carpet cleaners on march 1. during march the following transactions were completed.mar. 1
Price-hourly wage rate $15.82, payroll taxes $0.82, and fringe benefits $1.30. Compute the Standard direct labor rate per hour
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