What are the anticipated cash inflows for the last quarter

Assignment Help Finance Basics

Reference no: EM132077510

Question: Sales receipts. California Cement Company anticipates the following fourth-quarter sales for 2014: $1,843,000 (October), $1,511,000 (November), and $2,044,000 (December). It posted the following sales figures for the third quarter of? 2014: $1,904,000 (July), $2,075,000 (August), and $2,295,000 (September). The company sells 36 %of its products on credit, and 64% are cash sales. The company collects credit sales as follows: 27% in the following month, 51% two months later, and 19% three months later, with 3% defaults. What are the anticipated cash inflows for the last quarter of 2014?

Reference no: EM132077510

Questions Cloud

What would be the beta of your portfolio : If I invested 90% of my wealth in the market portfolio and the remainder of your wealth elsewhere. What would be the beta of your portfolio?

Determine what is the risk-free rate : Sandino Corporation's 10-year, semiannual bond is currently selling at $850, with a coupon rate of 5% and a nominal rate (YTM) of 7.12%.

What will be the comany probable sales in the coming year : A sales manager has used the probabilistic budget to estimate sales revenue for the coming year. This sales manager assigned the following probabilities.

Price analysis for the navigation system : Analyze your companys cost classification for pricing of the navigation system. Defend your cost classification to the U.S. government

What are the anticipated cash inflows for the last quarter : Sales receipts. California Cement Company anticipates the following fourth-quarter sales for 2014: $1,843,000 (October), $1,511,000 (November), and $2,044,000.

What is the strength of the magnetic field : The plane of a circle of radius 10 cm. If the magnetic flux through this circle is 50 Wb, what is the strength of the magnetic field

Is the world inherently complex as the young adults sing : Are there key issues that significantly impact on complexity, as Stephen Hayes and Daniel Bennett write?

What amount of gain or loss is recognized by sam : Sam owns 100% of M Corporation's single class of stock. Sam transfers land and a building having a $30,000 and $100,000 adjusted basis, respectively.

Expected rate of return on the stock : With a beta of 1.9 and expected rate of return of 28%. If the market return this year turns out to be 12 percentage points under expectations

User Account

All Pages