QUESTION 2 Dash Ltd had actual sales in November of R100 000 and projected sales in December and January of R300 000 and R400 000 respectively. 10% of sales are collected during the month of sale, 40% are collected in the month following the month of sale and the balance is collected two months following the sale. The firm’s total expected receipts in January are ... R 70 000. R108 000. R210 000. R610 000.

Q: Martin Corporation’s expected sales revenue for the 4th quarter of 2023 is as follows: Oct…

A: The objective of the question is to calculate the expected cash collections for Martin Corporation…

Q: The Bandon Pine Corporation's purchases from suppliers in a quarter are equal to 65 percent of the…

A: Cash outlays:Cash outlays refer to the actual expenditures made by an individual or entity for a…

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A: The break even sales can be calculated as ratio of fixed costs and contribution ratio

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A: The days sales in inventory is that accounting ratio which shows that how much time the…

Q: Given: Month Total Sales/month November December January February March P1,500 8,000 6,000 7,200…

A: To calculate the growth rate per month, we can use the following formula: Growth Rate = ((Current…

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A: Income statement: A financial statement used for recording the revenue generated by the company and…

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Q: Consider the following information: Jan Feb Mar Sales (units) 4.9k 52.00k Production (units) 5.8k…

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Q: October sales[($240,000 x 65%) x 40%] = 62,400 WHY?

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Q: Provide Answer

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A: Formula: Cash collection amount : Credit sales x cash collection %

Q: What is the expected operating income for the next month? Select one:

A:

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A: Units sold means the number of goods sold by the entity in the market during a particular period.…

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Q: Answer need

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Q: Answer number 11 to 26 only.

A:

Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.