What is the amount of the companys accounts receivable

Assignment Help Financial Management
Reference no: EM131447711

Essence of Skunk Fragrances, Ltd., sells 6,500 units of its perfume collection each year at a price per unit of $395. All sales are on credit with terms of 1/30, net 30. The discount is taken by 50 percent of the customers. What is the amount of the company’s accounts receivable? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Average receivables

Reference no: EM131447711

Questions Cloud

Correlation with the market portfolio of the three stocks : Suppose you are a head of a hedge fund and are thinking to create a portfolio investing just in these three stocks. The portfolio weights, volatility and correlation with the market portfolio of the three stocks are given in the table below: Portfoli..
What is the largest component of gdp : What is the largest component of GDP? Given your answer, how do you think this component can be stimulated? If you were evaluating GDP levels of various countries, what would be more important to evaluate, the nominal or real GDP?
Decanters for export to international markets : Bavarian Crystal Works designs and produces lead crystal wine decanters for export to international markets. The production manager of Bavarian Crystal Works estimates total and marginal production costs to be
Describe the various stages of team development : Assignment Objectives: Describe the various stages of team development and Apply methods to improve negotiation skills and manage serious confrontation
What is the amount of the companys accounts receivable : Essence of Skunk Fragrances, Ltd., sells 6,500 units of its perfume collection each year at a price per unit of $395. All sales are on credit with terms of 1/30, net 30. The discount is taken by 50 percent of the customers. What is the amount of the ..
Evaluate marketing strategies of multinational corporations : Your analysis must be substantiated by research from articles in the library's full-text databases or other graduate level resources. Use of consultant or other inappropriate sites is banned and may result in a zero for the assignment. Since you a..
What was dollar value of the capital spending in most recent : What was the dollar value of the capital spending in the most recent 10K report? Describe the major capital expenditures of the company (i.e. aircraft, equipment, etc.)
Carlsbad corporations sales are expected to increase : Carlsbad Corporation's sales are expected to increase from $5 million in 2016 to $6 million in 2017, or by 20%. Its assets totaled $5 million at the end of 2016. Carlsbad is at full capacity, so its assets must grow in proportion to projected sales.
Evaluate the arguments of the owner and ceo : Evaluate the arguments of the owner and CEO. Provide a recommendation as to whether Auto Parts, Inc. should shut down its factory in Buffalo.

Reviews

Write a Review

Financial Management Questions & Answers

  Free cash flow for the firm

Company HTA had a free cash flow for the firm (FCFF) of $1,500,000 last year. It is expected the FCFF will keep a sustainable growth rate of 5%. The company has 2 million common shares outstanding.

  What is the put delta

Consider a 6-month European put on GOOG with a strike price of $650. GOOG spot price is $725 and its volatility is 25%. The stock is not expected to pay any dividend. The risk-free rate is 4%. What is the put delta? If an investor with a short positi..

  Expanding rapidly-what is the value of the stock today

Microtech Corporation is expanding rapidly, and it currently needs to retain all of its earnings, hence it does not pay any dividends, with the first dividend of $1.00 coming 3 years from today. The dividend should grow rapidly—at a rate of 50 percen..

  Long-term government bonds are normally distributed

Suppose the returns on long-term government bonds are normally distributed. Assume long-term government bonds have a mean return of 6.7 percent and a standard deviation of 10 percent. What is the probability that your return on these bonds will be le..

  Zero-coupon bond with a par value

Zero-coupon bond with a par value of $1000, maturity of 5 years is traded for $630,12. Is it reasonable to invest in this bond, if investor considers the alternative investment with 12% annual return?

  What is the difference between cash expenses and expenses

How do you account for differences in service life for alternative investments? Give examples to support your arguments. Give an example for a must-choose-one type of alternative. What is the difference between Cash expenses and expenses?

  Single parent and motivational training consultant

Michael Margolis is a single parent and motivational training consultant from Reno, Arizona. He is wondering about potential returns on investments given certain amounts of risk. Michael invested a total of $6000 in three stocks ($2000 in each) with ..

  Calculation of wacc for common stock-preferred stock-bonds

Pumpkin Pie Industries has 5 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 10 thousand bonds. If the common shares are selling for $50 per share, the preferred shares are selling for $31 per share, a..

  Contractual means must pay otherwise go bankrupt

Which of the following payments that a business makes is NOT “contractual” ("contractual" means must pay otherwise go bankrupt)?

  Consider a project with the cash flows

Consider a project with the following cash flows -100, 230 and -134 at time 0, 1 and 2, respectively. Obtain the IRR(s) of the project. Consider a project with the following cash flows -100, 230 and -134 at time 0, 1 and 2, respectively. Obtain the N..

  Trades on the new york stock exchange

Select a publicly traded company that trades on the New York Stock Exchange (NYSE) or on the NASDAQ to analyze. Please note that it is usually easier to find more recent information on larger or wellknown companies. The analysis in your essay should ..

  Determine whether the farmer should purchase the machine

A farmer in Mobile decides to purchase a machine that converts manure into biogas. He has 100 cows that create a total of 40 lb of manure every day, 365 days per year. Each pound of manure can be used to produce 1 ft^3 of biogas which can be sold for..

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