User Account

All Pages

4 are credit sales paid in month after the sale and

Assignment Help Finance Basics
Reference no: EM13478581

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?

a. $24,057

b. $26,730

c. $29,700

d. $33,000

e. $36,300

Reference no: EM13478581

Questions Cloud

Which depreciation method would produce higher npv and how : wendys boss wants to use straight-line depreciation for the new expansion project because he said it will give higher
Write 250 words minimum containing your thought weather the : write 250 words minimum containing your thought weather the u.s. can regain its manufacturing predominance in a
If manufacturer hold patent on this machine who is likely : suppose a capital goods manufacturer brings out a new more efficient machine.a. if the manufacturer hold a patent on
Acording to the hunger game movie pretented that you are : acording to the hunger game movie pretented that you are katniss who a girl goes to the hunger game write a good bye
4 are credit sales paid in month after the sale and : singal inc. is preparing its cash budget. it expects to have sales of 30000 in january 35000 in february and 35000 in
The firm has aftertax cost of debt of 43 percent and cost : phils carvings inc. wants to have a weighted average cost of capital of 7.1 percent. the firm has an aftertax cost of
What are the changes that the authors believe are coming as : please read the forensic article paradigm shift in forensic identification science michael j. saks in a 350 word
Aqua pure purchases 50000 gallons of distilled water each : aqua pure purchases 50000 gallons of distilled water each year. ordering costs are 100 per order and the carrying cost
Oreilly moving company has a 1000 par value convertible : oreilly moving company has a 1000 par value convertible bond outstanding that can be converted into 25 shares of

Reviews

Write a Review

Finance Basics Questions & Answers

  How much excess equity can the peters cash out

If the house is currently worth $245,000 and most lenders are willing to lend up to 90% of home value, how much excess equity can the Peters cash out? (Ignore the tax effects).

  The project will require participation from the design

you are a manager at winsome manufacturing company a company that produces plastic storage containers and sells them to

  The market semi strong form efficient

Investors expect a corporation to announce a 10% increase in earnings, but instead the firm announces a 1% increase. If the market is semistrong-form efficient,

  What are the annual mortgage payments required by each loan

The third loan also requires a third down but is for 20 years at 6 percent. What are the annual mortgage payments required by each loan?

  What are some possible explanations for the hesitancy

Which of the final 12 discussion area would be most difficult for you as a manager to discuss in the organization with your colleagues? Why?

  What is the present value of growth opportunities

Next year's earnings are estimated to be $6.00. The company plans to reinvest 33% of its earnings at 12%. If the cost of equity is 8%, what is the present value of growth opportunities?

  What was the flotation cost as a percentage of funds raised

Within the first hour of trading, the stock was selling for $23.20 a share. What was the flotation cost as a percentage of the funds raised?

  Evaluate the cost of common equity using capm formula

Evaluate the cost of common equity using CAPM formula and hired you as a consultant to help them estimate its cost of capital

  Discuss the importance of legal compliance

Discuss the importance of legal compliance with federal employment laws and regulations as well as ethical issues that govern appraisals and performance management. Provide examples.

  Consider an investor who purchased a stock

Consider an investor who purchased a stock at $100 per share. The current market price is $125. At what price would a limit order be placed to assure a profit of $30 per share?

  Determine the interest amount

Mr. Nailor invests 5,000 in a certificate of deposit at his local bank. He receives yearly interest of 8 percent for 7 years.

  How much money will she need to withdraw each year

How much money must she have at age 65 in order to make her planned withdrawals? Round your answer to the nearest penny and do not enter the dollar sign in your answer.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd