User Account

All Pages

What are the forecasted total cash payments

Assignment Help Accounting Basics
Reference no: EM132546009

Question - A company plans to purchase inventory for the second half of 2014 as follows:

July $100,000

August $75,000

September $225,000

October $125,000

November $250,000

December $30,000

They usually pay 50% of inventory purchases in the month of purchase, 35% in the following month, and 15% in the second month.

Based on this information, what are the forecasted total 2014 cash payments for inventory purchased in the second half of 2014?

a. $705,000

b. $752,500

c. $790,000

d. $805,000

Reference no: EM132546009

Questions Cloud

What amount of the refund should Mary include : In 2019 Mary received a $700 refund of previously paid medical expenses that she deducted on her 2018 tax return. What amount of the refund should Mary include
Calculate if any impairment must be recorded for building : Calculate if any impairment must be recorded for the building in Ontario or the CGU in British Columbia. If impairment is present, determine the amount.
How much is the accumulated depreciation : Computer equipment - total cost is P340,000, with estimated useful life of 5 years and salvage value of P25,000. How much is the accumulated depreciation
Generate the cash flows : A project your firm is considering requires an investment today of $1,800 and is forecasted to generate the following cash flows
What are the forecasted total cash payments : They usually pay 50% of inventory purchases in the month of purchase, 35% in the following month, What are the forecasted total cash payments
Identify six internal control deficiencies in silver inc : Identify SIX internal control DEFICIENCIES in Silver Inc. payroll system. Can you think of any RECOMMENDATIONS to address each of these deficiencies.
What is the carrying value of the bonds on December : Interest is paid annually on December 31. Assuming Weller issued the bonds for $260,240, what is the carrying value of the bonds on the December 31, Year 3
Discuss the implications on accounting information : In January 2017 Company A outsourced,Discuss the implications on accounting information of using payroll service organizations.
How many dollars of the premium will appear as an expense : How many dollars of the premium will appear as an expense on the calendar year 2020 income statement assuming the accrual basis of accounting

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd