JoAnn Manufacturing has projected the following sales for the coming year 01 02 03 04 Sales $ 53,475 $59,725 $ 68,775 $ 74,050 The company places orders each quarter that are 30 percent of the following quarter's sale for the third quarter? Mutiple Choice $21.360.00 12168750 $22.22969 $1972750 a 30-day payables period. What is the payment of accounts
Q: Company Z floated a Zero Coupon Bond that has 10 years to maturity. Reminder: Even though there are…
A: A zero-coupon bond is a unique fixed-income security devoid of periodic interest payments, instead…
Q: A company just paid $10 million for a feasibility study. If the company goes ahead with the project,…
A: NPV is also known as Net Present Value.. It is a capital budgeting technique which helps in decision…
Q: In aggregate, all banks in the US have total deposits of $8.2 trillion. Banks lend out all money…
A: Federal bank reserve, often referred to as "reserve deposits" or "bank reserves," are funds that…
Q: QUESTION 3 Given the information in the table, what is the market's expected return on the stock?…
A: Variables in the question:Q3: Netflix, Inc.Current price=$488.241 yr-Target Est=$ 547.53Q4:…
Q: Keeds Products has projected the following sales for the coming year 01 02 03 04 Sales $ 14,600…
A: A critical component of budgeting and business planning is generating a sales estimate. It assists…
Q: Crane Corporation is involved in the business of injection molding of plastics. It is considering…
A: IRR is the required rate of return for the project to have zero Net Present value.IRR can be…
Q: A company is evaluating two alternatives to produce a new product. The initial cost of Alt Alpha is…
A: Alpha:Initial cost = $160,000Annual maintenance and operation cost = $40,000Salvage value =…
Q: You purchased a machine for $1.17 million three years ago and have been applying straight-line…
A: Straight Line depreciation= (Costs-Salvage Value)/Useful Lif= (1170000-0)/7= $…
Q: Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence,…
A: Today's share price can be figured out by using a method called the Dividend Discount Model (DDM).…
Q: Use Table 12. Suppose there is a deposit outflow of $11. The reserve requirement is 12.00%. To meet…
A: OUTFLOW of $11 reduces assets (reserves) and liability (deposits) both by $11.New deposit = $100 -…
Q: Assume that the financial markets are in equilibrium. Information on three particular shares is…
A: We will use and apply the CAPM model i.e. the capital asset pricing model. This model shows the…
Q: A stock has an expected return of 13 percent and a beta of .8, and the expected return on the market…
A: CAPM is also known as capital asset pricing model. It helps in know the expected return on the…
Q: John already has $50,429 in his savings account. He plans to make contributions of $1,658 at the end…
A: The banks generally offer compounding interest, The interest is earned on interest and the interest…
Q: Peaceful Cruises wants to build a new cruise ship that has an initial investment of $350 million. It…
A: Discounted payback period (DPP) is a financial metric used to evaluate the feasibility of an…
Q: If stock A earned 15% annual returns 3 years before, 5% annual returns 2 years before and 4% annual…
A: r1=15%r2=5%r3=4%Required is to calculate coefficient of variation.
Q: Logistics Corporation is expected to have the following post-merger FCFF (Free Cash Flow to Firm).…
A: Terminal value is calculated as follows:-Terminal value = whereC= cash flowsg= growth rater=…
Q: You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your…
A: MORTGAGEA mortgage is a legal agreement between a borrower and a lender, typically a bank, in which…
Q: QUESTION 17 Firm X builds a low-cost product. Due to overseas competition, the firm is going to…
A: NPV is also known as Net Present Value.. It is a capital budgeting technique which helps in decision…
Q: When a firm issues stock, it has: O A. borrowed from the public. OB. purchased foreign currency. OC.…
A: When firm issues stock, it sells ownership of company in the form of equity shares to…
Q: Which of the following measures the interest rate risk of a bond in dollars and cents? O Price Value…
A: Duration is a measurement of a bond's interest rate risk that considers bond maturity, yield, coupon…
Q: Briggs Excavation Company is planning an investment of $108,600 for a bulldozer. The bulldozer is…
A: Net present value is important method of selection of projects based on time value of money.Net…
Q: After a 1 year investment you receive 7.4% interest (nominal) from your bank. However, looking at…
A: According to International Fisher effect ,Nominal rate comprises of 2 parts , that is , Real rate…
Q: Dara Jones, operations manager of Arrow Distributing Corp., likes to track inventory by using weeks…
A: Note: We are allowed to do first three sub-parts only.Inventory management is the process of…
Q: Mojo Mining has a bond outstanding that sells for $2,174 and matures in 18 years. The bond pays…
A: The price of the bond (PV) is $2,174.The maturity is 18 years.The coupon rate is 7.14%.The face…
Q: Which is a true statement Flotation cost must be considered with retained earnings Since taxes are…
A: 3. The investor's required rate of return is the firm's cost of capital: This statement is TRUE. The…
Q: Nestle has traditionally used a strategy whereby they customize their products for the different…
A: Ethnocentric relies on sending home-country personnel to manage operations in other countries. This…
Q: Your adjusted gross income (line 11 of the form 1040) is $150,000. Your filing status is Single.…
A: 10%Up to $9,87512%$9,876 to $40,12522%$40,126 to $85,52524%$85,526 to $163,300
Q: QUESTION 9 Diversification can reduce the level of systematic risk. True False…
A: Systematic risk-This type of risk affects the entire market and so this risk is referred to as…
Q: Dan borrowed $994.00 today and is to repay the loan in two equal payments. The first payment is in…
A: Let the equal installments be X.PV= C/(1+r)^nWhere C= Cashflows = X,r= 7%/12Loan taken = 994
Q: Problem 18-12 APV Longhorn, Incorporated, has produced rodeo supplies for over 20 years. The company…
A: A corporation or organization that finances its operations or investments by financial leverage,…
Q: Mom's Cookies, Inc., is considering the purchase of a new cookie oven. The original cost of the old…
A: Project cash flows refer to the estimated cash inflows and outflows associated with a particular…
Q: You deposit $1,000 at the end of the year (k = 0) into an account that pays interest at a rate of 7%…
A: Saving Account is a deposit facility offered by commercial banks to their customers which gives them…
Q: The Consumer-Mart Company is going to introduce a new consumer product. If it is brought to market…
A: Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or…
Q: Which of the following types of businesses would be most attractive to a financial buyer for an LBO?
A: The most attractive business for a financial buyer for an LBO would be the slow growing distribution…
Q: True/False: Discounting the FCF(Free Cash Flow) of the 100% equity firm with the WACC (Weighted…
A: Explanation:WACC: It represents the blended cost of capital for an all-equity firm. Since it only…
Q: The Lumber Yard has projected the sales below for the next four months. The company collects 36…
A: Company may make sales either on cash basis or credit basis.Generally , in credit sales , debtors…
Q: An investment project has an for the next four years, respectively. The discount rate is 13 percent.…
A: Annual Cashflow Year 1 =3700/1.13= 3,274.34Discounted Cashflow Year 2= 4600/1.13^2=…
Q: Consider the following information: State of Economy Recession Boom Probability of State of Economy…
A: State of economyProbabilityRate of return if state occursRecession0.39-0.13Bust0.610.25
Q: Treasury spot rates are as follows in today's market: Maturity (years) Spot rate 1 2.2% 4+ decimals…
A: Coupon rate = 5.2%Par value = $1,000Coupon payment = Coupon rate x Par value = 5.2% x 1000 =…
Q: You are evaluating a product for your company. You estimate the sales price of product to be $210…
A: Free Cash Flow (FCF) is a financial metric that represents the cash generated by a company's…
Q: Annual loan payment = $47,100 Number of remaining periods = 6 Interest rate = 12% What is the book…
A: Payment = p = $47,100Number of Payment = n = 6Interest Rate = r = 12%
Q: Use the following tables to calculate the present value of a $130,000, 5%, 6-year bond that pays…
A: The face value of the bond is $130,000.Maturity is 6 years.Annual coupon payments are…
Q: A company is analyzing two mutually exclusive projects, S and L, whose cash flows are shown below:…
A: The concept of mutually exclusive projects is often applied in capital budgeting. According to this…
Q: Refer to the given (annual data to compute the stock's beta if the market standard deviation is 0.22…
A: Tabulate data and use formula as shownStandardDeviation os stock price = 8.36%
Q: A firm's cash account grew by $300 over the year when the firm had cash flow from financing of -$150…
A: Operating Cash Flow (OCF) is the amount of cash a company makes from its everyday activities, like…
Q: All but one of the following is a bank liability. O repurchase agreements O fed funds sold demand…
A: A bank liability refers to a financial obligation or debt that a bank owes to external parties. In…
Q: Nancy has a project with a $17000 first cost that returns $7000 per year over its 13- year life.…
A: Equivalent annual cost refers to the cost incurred for owning, operating, and the maintenance of an…
Q: QUESTION 4 The market risk premium is 5.41%. What is this stock's risk premium? Wayfair Inc. (W)…
A: Capital Asset Pricing ModelThe Capital Asset Pricing Model (CAPM) is a financial model used to…
Q: If $100 is deposited in a bank with an interest rate of 8%, and the same amount of money is taken…
A: Cash flow is the movement of money into and out of a business, project, or financial entity,…
Q: You observe that a firm's ROE has increased from the previous year, but both its profit margin and…
A: The objective of the question is to identify the correct statement about the firm's financial…
Note:-
- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
- Answer completely.
- You will get up vote for sure.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
- JoAnn Manufacturing has projected the following sales for the coming year 01 02 03 04 Sales $53,475 $59,725 $ 68,775 $ 74,050 The company places orders each quarter that are 30 percent of the following quarter's sales and has a 30-day payables period. What is the payment of accounts for the third quarter? Mutiple Choice O $21.360.00 121687.50 $22.22969 $19,72750Keedis Products has projected the following sales for the coming year Q1 02 21 04 Sales $19,550 $14,850 $ 15,675 $ 16,175 The company places orders each quarter that are 30 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter? Mutiple Choice O $4,52000 $3,135.00 $4,53750 $5.395.00 $4,455.00JoAnn Manufacturing has projected the following sales for the coming year: Sales $25,847.50 C$25,182.50 $22,604.17 Q1 $23,560.83 Q2 $ 54,750 $ 61,850 Q3 The company places orders each quarter that are 35 percent of the following quarter's sales and has a 30-day payables period. What is the payment of accounts for the third quarter? $70,050 Q4 $75,750
- Keedis Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 10,550 $ 12,850 $ 13,675 $ 15,175 The company places orders each quarter that are 30 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter? Multiple Choice $4,020.00 $3,937.50 $3,855.00 $2,735.00 $3,395.00Keeds Products has projected the following sales for the coming year 01 02 Sales $14,600 $13,750 Multiple Choice The company places orders each quarter that are 35 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter? $4,812.50 $4.90875 $3,400 83 03 $14,575 $5,005 00 04 $15,625JoAnn Manufacturing has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 55, 050 $ 62,350 $ 70, 350 $ 76, 150 The company places orders each quarter that are 35 percent of the following quarter's sales and has a 30-day payables period. What is the payment of accounts for the third quarter? Group of answer choices $25, 299.17 $23, 689.17 $25,975.83 $22, 755.83 $ 26,625.23
- Lewellen Products has projected the following sales for the coming year: 01 02 03 04 Sales $940 $1,020 $980 $1,080 Sales in the year following this one are projected to be 20 percent greater in each quarter a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. What is the payables period in this case? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate payments to suppliers assuming a 90-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Calculate payments to suppliers assuming a 60-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. b. Payment of accounts Payment of accounts Payment of accounts 01 02 Q3 Q4Sexton Corporation has projected the following sales for the coming year: Sales Q1 $ 300 Q2 Q3 Q4 $ 390 $ 540 $ 480 Sales in the year following this one are projected to be 25 percent greater in each quarter. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume that the company pays Immediately. a. What is the payables period in this case? Note: Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32. Payables period What are the payments to suppliers each quarter? Note: Do not round Intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Q1 Payment of accounts Q2 Q3 Q4 b. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 90-day payables period. Note: Do not round Intermediate calculations and round…Projector Limited has the following projection for the 4 months ending August 2018:MayJuneJulyAugustR’sR’sR’sSales320 000380 000420 000460 000Purchases160 000160 000230 000250 000Rent income11 00011 000??Salaries26 80026 800??1. 50% of the sales are for cash and the balance is on credit.2. All credit sales are collected one month after the sale.3. All purchases are on credit. Creditors are paid in full one month after the month of purchase.4. The tenants rent contract stipulates an increase of 20% from 1 July 2018.5. Salaries are expected to increase to R32 000 per month as at 1 August 2018.6. A new motor vehicle will be purchased during June 2017. Repayments of R6 000 per month will commence on 1 July 2017.7. Advertising costs are expected to be 2% of sales from 1 June 2018.8. A fixed deposit of R25 000 will mature in the month of July 2018.9. On 31 May 2018, the bank is expected to have a favourable balance of R420 000.Required:Prepare a Cash Budget for the three (3) months ending…
- Sexton Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 930 $ 1,010 $ 970 $ 1,070 Sales in the year following this one are projected to be 10 percent greater in each quarter. a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate payments to suppliers assuming a 90-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g ., 32.16.) c. Calculate payments to suppliers assuming a 60-day payables period. (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)Dora Distribution has projected the following quarterly sales. The accounts receivable at the beginning of the year is $970 and the collection period is 60 days. What are collections for the first quarter? Q1 Q2 Q3 Q4 Sales $ 1,585 $ 1,705 $ 1,995 $ 2,075Shown below is the sales forecast for Cooper Inc. for the first four months of the coming year Apr $14,000 S70.000 Feb Cash sales Credit sales On average, 50% of credit sales are paid for in the month of the sale. 30% in the month following sale, and the remainder are paid two Jan $15.000 $100,000 $24,000 $120.000 Mar $20,000 $90,000 months after the month of the sale Assuming there are no bad debts, the expected cash intlow in March is: