Calculate next year ending receivables balance

Reference no: EM13299577

A firm is planning to lower its ACP by ten days next year. Receivables are currently $15M on credit sales of $120M Credit sales are expected to grow by 20% next year. Calculate next year's ending receivables balance (make calculations using ending balances and a 360 day year).

Reference no: EM13299577

Questions Cloud

Show what happens to the individual demand curve for qy if : Show what happens to the individual demand curve for QY if income increases to 150. (As before, you are only required to calculation the quantity demand for the prices 2, 4, 5, and 10. You can then impute a reasonable approximation of the rest of the..

What is the equilibrium quantity of milk if the market price : The demand for milk is given by Q=120,000-20,000P.

What is the new angular velocity of the two astronauts : Two astronauts of equal mass 70 kg are holding on to opposite ends of a straight rope in space. The length of the rope between them is 14 meters. What is the new angular velocity of the two astronauts

Describe what mass of carbon dioxide is produced : What mass of carbon dioxide is produced from the complete combustion of 6.20×10?3 of methane

Calculate next year ending receivables balance : Receivables are currently $15M on credit sales of $120M Credit sales are expected to grow by 20% next year. Calculate next year's ending receivables balance (make calculations using ending balances and a 360 day year).

Find the bragg- scattering angle : A beam of thermal neutrons emerges from a nuclear reactor and is incident on a crystal. Find the Bragg- scattering angle that results in a scattered beam of this energy

What is the expected return on the portfolio : What are the expected returns on Stock J and Stock K individually?

Determine the maximum torque acting on the rotor : The rotor in a certain electric motor is a flat, rectangular coil with 82 turns of wire and dimensions 2.25 cm by 3.88 cm. The rotor rotates in a uniform magnetic field of 0.800 T. Find the maximum torque acting on the rotor

Explain what is the [h3o+] in a solution that has a poh : What is the [H3O+] in a solution that has a pOH of 2.29? Use E notation and 3 significant figures. Is the solution 1.95X10^12? show me how you got it as well

User Account

All Pages