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Question - A company forecasts that the following sales: 106 BD in May, 396 BD in June and 207 BD in July. Sales will be paid in three parts, 30% will be paid in cash, another 30% will be paid after one month and the remaining 40% will be paid after two months. Additionally, the company will receive 160 BD in dividends in July, and 184 BD from the sale of stocks in May. Based on the information given what is the anticipated total cash receipt for the month of July?
Calculate working capital and the current ratio at year-end under each situation, assuming that early payment of accounts payable is not made
If this line is eliminated, Bedtime will be able to eliminate $72,000 of total fixed costs. How would this business decision impact operating income
Orosco Supply Co. has the following transactions related to notes receivable during the last 2 months of 2010.
On 1 September 20X7 Machine B Cost 4,000 On 1 May 20X8 Machine C Cost 3,000. Showing the depreciation provision for the year 20X8
Yaro Company owns 30% of the common stock of Dew Co. and uses the equity method to account for the investment. During 2011, Dew reported income of $250,000 and paid dividends of $80,000
Why does the accounting profession make a distinction between internally created intangibles and purchased intangibles?
During 2020, Andy's collected $72,000 from customers and paid $21,000 in expenses. What the Andy accrual basis net income
Using scenario in #1 - downstream sale - prepare the consolidation entry recorded by Parent Company in 2011 related to the 2011 intercompany transfer
Describing the effect of each transaction on assets, liabilities, and stockholder's equity
during 2012 h had earnings from self-employment of 50000 and wages of 78000 from employer x. employer x withheld and
If Janet borrowed $8,100 over five years at 0.14 compounded monthly, what would be Janet's monthly payment? Please round to two decimal places.
for the past several years emily page has operated a part-time consulting business from her home. as of june 1 2010
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