User Account

All Pages

What is eiffel expected october cash sale

Assignment Help Accounting Basics
Reference no: EM133105040

Question - Eiffel Company is preparing its cash budget for November. Eiffel expects 50% of credit sales to be paid in the month of sale. 30% in the month following the sale, and the remainder paid two months after the month of sale. Eiffel expects the cash and credit sales to be:

 

Cash

Credit

November

P17,000

P100,000

October

?

P90,000

September

P15,000

P80,000

August

P18,000

P95,000

Assuming no bad debts and a projected total cash inflow of P107,000 in October, what is Eiffel's expected October cash sale?

a. P20,000

b. P19,000

c. P16,000

d. P14,000

Reference no: EM133105040

Questions Cloud

Impact on the development of an assessment tool : Give an example how the context of assessment would impact on the development of an assessment tool
Understanding work teams : You are on a team which features individuals high in openness and emotional stability. What is the likely result of task conflict within your team?
What are your thoughts on outsourcing : What are your thoughts on outsourcing? Do you think the pros outweigh the cons, or vice versa? Explain your answer.
Gluten-free donuts for individuals : Glazed donut shop (GDS) wants to go international i.e. enter other markets overseas. It is now based in Kuala Lumpur. As a consultant advise GDS on the best way
What is eiffel expected october cash sale : Assuming no bad debts and a projected total cash inflow of P107,000 in October, what is Eiffel's expected October cash sale
Effects county investments in foreign counties : Define expropriation, explain how it effects a county's investments in foreign counties,and how counties respond to it.
Role of an internal consultant : Place yourself in the role of an internal consultant in the organization you currently work for, or one you have worked for recently.
Publish a publication about cloud solution : Publish a publication about cloud solution and how made our life easier - write about the different technology of cloud with new and old services
Evaluate growth in the asian markets : Using an Asian technology company of choice, evaluate their growth in the Asian markets.

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