What are the expected cash receipts for march

Assignment Help Finance Basics
Reference no: EM13288497

Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $35,000 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March?

Reference no: EM13288497

Questions Cloud

Find the operating point id-vds of the drain-source port : The output-port(drain-source terminals) of an n-channel depletetion -mode MOSFET with parameters K=0.25mA/V^2 and Vtr= - 2Vis connected to a Thevenin circuit consisting of Vdd=7V andRd=1.5kOhm.
Determine the bears average speed : A polar bear starts at the North Pole. It travels 1.0 km south, then 1.0 km east, then 1.0 km north, What was the bear's average speed
Write each step of the calculation to get maximum marks : Find Equivalent resistance Rt of given circuit and also find total current flowing in circuit .Draw the circuit diagram of each step otherwise you will lose your marks. Write each step of the calculation to get maximum marks and also mention theun..
Explain the effective buffer range of a buffer solution : Does the effective buffer range of a buffer solution depend on the concentrations of the conjugate acid and base pairs in the buffer solution
What are the expected cash receipts for march : If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March?
How much interest will you earn during the retirement stage : This money is expected to provide you a monthly income in the amount of $6,000 for 25 years. How much interest did you earn during the accumulation stage and how much interest will you earn during the retirement stage?
Calculate how much work is done by the gas : 5 moles of a monatomic gas has its pressure increased from 105 Pa to 1.5*105 Pa. calculate How much work is done by the gas
What weight should be assigned to the preferred stock : Garfield and Moore has 130,000 shares of common stock outstanding at a price per share of $41.20. There are 12,000 shares of preferred stock outstanding at a price of $58 a share.
Explain and identify whether k gets smaller or bigger : ldentify whether or not the reaction would favor the reactants or produ€ts under the specified conditions, and identify whether K gets smaller or bigger

Reviews

Write a Review

 

Finance Basics Questions & Answers

  Why are cash flows that are connected to common stock

Why are cash flows that are connected to common stock difficult to estimate? How does this compare to those related to bonds.

  Which of following would lead to decrease in working capital

Other things held constant, which of the following would lead to a decrease in working capital?

  What is percy cost of common equity

Percy's CFO estimates that the company's WACC is 13.40%. What is Percy's cost of common equity? Round your answer to two decimal places.

  Calculation of price of preferred stock with given data''s

Calculation of price of preferred stock with given data's and Compute the price of the preferred stock

  What is the average daily float

In a typical month, the Tanner Corporation receives 100 checks totaling $117,000. These are delayed four days on average. Assume 30 days in a month. What is the average daily float?

  Objective questions on free cash flow, debt equity ratio

Objective questions on free cash flow, debt equity ratio, APV, NPV and dividend policy and what is the most likely prediction after a firm reduces its regular dividend payment

  What should the firm set as the required rate of return

What should the firm set as the required rate of return for the project? 15.39 percent 13.92 percent 12.54 percent 17.33 percent 17.06 percent

  What is the bonds yield to maturity

A bond has a par value of $1000, a time to maturity of 6 years, and a coupon rate of 9% with interest paid annually.If the current market price is $845.

  Maturity of hedging instrument

The two basic types of hedges involving futures market are long hedges and short hedges, where the words "long" and "short" refer to maturity of hedging instrument.

  Calculate the current yield for each bond

Calculate the current yield for each bond. d. If the yield to maturity for each bond remains at 9%, what will be the price of each bond 1 year from now?

  Determine the price of preferred stock

The preferred stock of Ultra Corporation pays yearly dividend of $6.30. It has a required rate of return of 9 percent. Determine the price of the preferred stock.

  Objective type questions on value of the bond

Objective type questions on value of the Bond and Which of the following statement is CORRECT

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