What is the projected accounts receivable balance

Assignment Help Financial Management

Reference no: EM131064704

Please show work for rating

The 2013 financial statements of CVS Caremark reported sales of $126,761 million and accounts receivable of $8,729 million. If sales are projected to increase 3% next year, what is the projected accounts receivable balance for 2014?

Reference no: EM131064704

Questions Cloud

Can you explain me how to do this question : RR must build a tunnel to maintain his access around the mountain. The tunnel could be fabricated of normal steel for an initial cost of $30,000 and should last for 15 years. Maintenance will cost $1,000 per year.

Capital budgeting selection methodologies : You have been asked to make a short presentation at your company’s annual capital budget meeting to present an analysis of the strengths and weaknesses of the following capital budgeting selection methodologies: NPV, payback, IRR. Describe how you ..

What does the market believe will be the stock price : Constant growth You are considering an investment in Keller Corp's stock, which is expected to pay a dividend of $1.75 a share at the end of the year (D1 = $1.75) has a beta of 0.9. The risk-free rate is 3.9%, and the market risk premium is 4.5%. wha..

Demonstrate an understanding of the laws : BUS 200 Register a Proprietary Limited CO. You should refer to Section 117 of the Corp. Act, complete an APPLICATION FORM and and prepare all relevant consents NB section 117(2). You must also create a share register NB sections 167, 168 and 169 -..

What is the projected accounts receivable balance : The 2013 financial statements of CVS Caremark reported sales of $126,761 million and accounts receivable of $8,729 million. If sales are projected to increase 3% next year, what is the projected accounts receivable balance for 2014?

Standard deviation of the rate of return on this investment : A project has a 0.38 chance of doubling your investment in a year and a 0.62 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment?

Binomial model-calculate the price of the put : Consider a 6-month dollar-denominated American put option on British pounds. You are given that: The current exchange rate is 1.43 US dollars per pound. The strike price of the put is 1.56 US dollars per pound. The volatility of the exchange rate is ..

Projected interest expense : Mullen Company reports in its 2014 10-K, sales of $83 million, long-term debt of $9 million, and interest expense of $720,000. If sales are projected to increase by 5.2% next year, projected interest expense for 2014 will be

What is the firms value of operations in millions : Kinkead Inc. forecasts that its free cash flow in the coming year, i.e., at t = 1, will be -$10 million, but its FCF at t = 2 will be $20 million. After Year 2, FCF is expected to grow at a constant rate of 4% forever. If the weighted average cost of..

User Account

All Pages