What is the cash collection for april

Assignment Help Finance Basics
Reference no: EM132459682

Suppose that the Sales in December 2019 were 35,857. The sales are expected to grow by 7% in January 2020, by 8% in February 2020, and by 9% in March 2020. After that, the sales are expected to grow by 6%.

The company's cash collection is as follows: 29% is collected in the same month, 34% is collected in the next month, and the remainder in the following month.

What is the cash collection for April, 2020?

Enter the answer rounded off to two decimal points.

Reference no: EM132459682

Questions Cloud

Discuss about companies that have been harmed or bankrupted : Choose one such company and create a brief case study about it. Successful narratives will focus on the manner in which the organization was impacted.
Determine the complete entries for reclassification : Determine the Complete entries for reclassification,Explain if required any and all reclassifications and disclosures in 2018 comparative financial statement
Define the parameters that define a tls session connection : List and briefly define the parameters that define a TLS session connection. What steps are involved in the TLS Record Protocol transmission?
Prepare sarasotas journal entries to record : Prepare Sarasota's journal entries to record the issuance of the note and the December 31 interest payment.The note requires annual interest payments
What is the cash collection for april : What is the cash collection for April, 2020? Enter the answer rounded off to two decimal points.
Prepare orioles journal entries : Prepare Oriole's journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest.The implicit interest rate is 11%.
Prepare pronghorns journal entries : Prepare Pronghorn's journal entries for (a) the January 1 issuance and (b) the December 31 interest.The market rate of interest for a note of similar risk is 10
Explain what you learned from the research : After conducting your research on the DEEP WEB and the DARK WEB, briefly explain what you learned from this research. For this discussion, a paragraph.
What is the project irr : What is the project's IRR? Round your answer to two decimal places.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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