What is the accounts payable balance

Assignment Help Financial Management
Reference no: EM131926343

COGS are 80% of Sales. You collect 80% of sales in the month of sale and the remaining 20% in the month following the sale. You purchase 60% of your COGS in the month of sale and 40% in the month prior to the sale. You pay for 70% of purchases in the month that it is purchased and the remaining 30% in the month after it is purchased.

What is the Accounts Payable balance in January. 

Reference no: EM131926343

Questions Cloud

List the pros and cons of investing in nigeria : List the pros and cons of investing in Nigeria. Under what circumstances would you recommend investing?
Formulate model that will permit company to meet its demand : Formulate a model that will permit the company to meet its demand at the lowest possible cost. What is the new transportation plan, and what is the new cost?
What is the initial condition and boundary condition : What is the initial condition and boundary condition of shrodinger equation. And what is the potential in this equation.
How much money will homer have five years from now : Imagine Homer Simpson actually invested $150,000 7 years ago at a 7 percent annual interest rate.
What is the accounts payable balance : What is the Accounts Payable balance in January.
How fast was car a going when it hit car b : After the impact, the cars stick together and slide away at a speed of 7.1m/s. How fast was Car A going when it hit Car B? Work, please?
Determine best shipment of coal cars to minimize total miles : The Southern Rail Company ships coal by rail from three coal mines. Determine the best shipment of coal cars to minimize the total miles traveled by the cars.
How much rider weight does the ride lift into the air : The Tower of Doom, at Elitch Gardens in Denver, Colorado, lifts 15 people 50 m into the air. The engineers assume the average person has a mass of 70 kg.
How much would you need to save at the end of each year : How much will you need to have saved by your retirement date to be able to afford this? Alternatively, suppose you already have 50,000 in savings today.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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!

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