What are the firm expected cash receipts

Assignment Help Financial Management

Reference no: EM131625391

A firm has actual sales of $67,000 in April and $55,000 in May. It expects sales of $ 68,000 in June and $95,000 in July and in August. Assuming that sales are the only source of cash inflows and that half of them are for cash and the remainder are collected evenly over the following 2 months, what are the firm's expected cash receipts for June, July, and August?

Reference no: EM131625391

Questions Cloud

What is the amount of the firm net fixed assets : Current liabilities are $970, sales are $5,135, profit margin is 10.10 percent, and ROE is 17.40 percent. What is the amount of the firm's net fixed assets?

Rate of return accumulation to finance annual operations : A non-profit organization has an endowment of $13,000,000, which is invested as follows: use the rate of return accumulation to finance annual operations?

The initial investment cost be for this investment : How high could the initial investment cost be for this investment to have an NPV > 0?

What is the internal rate of return on the investment : What is the (annual) internal rate of return on the investment in SPEN Co.

What are the firm expected cash receipts : what are the firm's expected cash receipts for June, July, and August?

What is the present value of this net-profit stream : What is the present value of this net-profit stream at 9% and the annual worth each period?

What is the operating cash flow or OCF : Hailey, Inc., has sales of $19,660, costs of $9,370, depreciation expense of $2,040, and interest expense of $1,530. What is the operating cash flow, or OCF?

Who loses when a firm becomes too big to fail : Who benefits and who loses when a firm becomes too big to fail?

Encourage ethical behavior on the part of the corporation : Do you think that this practice is more or less likely to encourage ethical behavior on the part of the corporation?

User Account

All Pages