What is the cash collection for april

Assignment Help Finance Basics
Reference no: EM132459682

Suppose that the Sales in December 2019 were 35,857. The sales are expected to grow by 7% in January 2020, by 8% in February 2020, and by 9% in March 2020. After that, the sales are expected to grow by 6%.

The company's cash collection is as follows: 29% is collected in the same month, 34% is collected in the next month, and the remainder in the following month.

What is the cash collection for April, 2020?

Enter the answer rounded off to two decimal points.

Reference no: EM132459682

Questions Cloud

Discuss about companies that have been harmed or bankrupted : Choose one such company and create a brief case study about it. Successful narratives will focus on the manner in which the organization was impacted.
Determine the complete entries for reclassification : Determine the Complete entries for reclassification,Explain if required any and all reclassifications and disclosures in 2018 comparative financial statement
Define the parameters that define a tls session connection : List and briefly define the parameters that define a TLS session connection. What steps are involved in the TLS Record Protocol transmission?
Prepare sarasotas journal entries to record : Prepare Sarasota's journal entries to record the issuance of the note and the December 31 interest payment.The note requires annual interest payments
What is the cash collection for april : What is the cash collection for April, 2020? Enter the answer rounded off to two decimal points.
Prepare orioles journal entries : Prepare Oriole's journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest.The implicit interest rate is 11%.
Prepare pronghorns journal entries : Prepare Pronghorn's journal entries for (a) the January 1 issuance and (b) the December 31 interest.The market rate of interest for a note of similar risk is 10
Explain what you learned from the research : After conducting your research on the DEEP WEB and the DARK WEB, briefly explain what you learned from this research. For this discussion, a paragraph.
What is the project irr : What is the project's IRR? Round your answer to two decimal places.

Reviews

Write a Review

Finance Basics Questions & Answers

  Influence the relationship so that it serves shareholders

Some evidence suggests that there is a direct and positive relationship between a firm's size and its top-level managers' compensation.

  What price did you pay for your bond

The bond is callable in 4 years with a $1100 call premium. What price did you pay for your bond?

  Purposes of variance and standard deviation

What's the difference between the purposes of variance and standard deviation?

  Simple structure organizational configuration

What kinds of companies should employ the simple structure organizational configuration? What kind of companies should use the machine bureaucracy form of structure?

  Why are deep-sea vents found along mid-ocean ridges

How far below the surface are mid-ocean ridges? What are deep-sea vents? Why are deep-sea vents found along mid-ocean ridges? How do you think researchers study the bottom of the ocean from on board a ship? How else can they study the bottom of the o..

  What will be the value of the investment in given time

Future value: Larry James is planning to invest $25,200 today in a mutual fund that will provide a return of 0.08 each year.

  What is the cost of the option attached to the bond

McCarty Manufacturing Company makes baseball equipment. The company decides to issue a callable bond that it expects to sell for $840 per bond. If the bond is a twenty-year semiannual bond with a 6% coupon rate and a current yield to maturity of 7%, ..

  Hypothesis of semi-strong form of efficient market

The semi-strong form of the efficient-market hypothesis states that prices reflect all publicly available information. Check whether true or false.

  How large should the capital budget be

Moussawi Enterprises, which finances only with equity from retained earnings, is considering two large capital budgeting projects, and its CFO hired you to assist in deciding whether one, both, or neither of the projects should be accepted.

  How much are you willing to pay to purchase stock

Last year, Hansen Delivery paid an annual dividend of $3.20 per share. The company has been reducing the dividends by 10 percent annually. How much are you willing to pay to purchase stock in this company if your required rate of return is 11.5 pe..

  Critically evaluate CBA practices and financial decisions

BAFN200 PRINCIPLES OF FINANCE ASSESSMENT, AUSTRALIAN CATHOLIC UNIVERSITY. Critically evaluate CBA's practices and financial decisions described

  Finance and importance to business

Describe how financial statements, cash flow, risk, return, and capital asset pricing model, stocks, stock valuation and stock market equilibrium are significant to one's work profession and business?

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