What is the amount of the projected cash disbursements

Assignment Help Financial Management

Reference no: EM132053528

Birds Unlimited has a 45-day accounts payable period. The firm has expected quarterly sales of $1299, $2048, $2679, and $3363 over the next calendar year. The cost of goods sold for a quarter is equal to 66% of the next quarter sales. Assume that a year has 360 days. What is the amount of the projected cash disbursements for accounts payable for Quarter 2 of the next year? (Round answer to 0 decimal places, do not round intermediate calculations.

Reference no: EM132053528

Questions Cloud

What will be the effect on banana prices within that nation : A nation ends a tariff on bananas, which is an imported product. What will be the effect on banana prices within that nation?

What are the impacts of pricing ceiling market equilibrium : What are the impacts of pricing ceiling market equilibrium in education market?

Summarize research in state requirements for certification : Summarize your research in state/federal requirements for certification/licensure for I/O psychology in Florida . Create a timeline that you can follow to meet.

Describe how the skills you have learned aided in journey : Describe how the skills you have learned and the strengths you have discovered aided you in your journey, and how you have changed.

What is the amount of the projected cash disbursements : What is the amount of the projected cash disbursements for accounts payable for Quarter 2 of the next year?

What is the price elasticity range : When ABC Corp. increases price from 1x to 1.2x and loses between 7 percent and 27 percent of volume, what is the price elasticity range?

What method would you use in given case : Write a two-to-three page paper in which you choose a specific characteristic of yourself (it can be a physical feature, an ability or a type of behavior).

Russia and china from an economic standpoint : What is a good introduction for Russia and China from an Economic standpoint?

Cost of equity be if the firm was all equity financed : If the corporate tax rate is 36%, what would it’s cost of equity be if the firm was all equity financed?

User Account

All Pages