What is the projected accounts receivable for the current year with 12% growth if the prior year was $649,196?
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- Your company forecasts that next year's sales will be $59.00 million, Cost of Goods Sold (COGS) will be 85% of sales, and the Days Payables Outstanding (DPO) ratio will be 22.19. What is the forecasted accounts payable for next year?What is the average monthly return on these financial accounting question?What is the formula for forecast of sales revenue for 20 years at an increase of revenue of 20% each year?
- What is the annual percentage yield (APY) for money invested at an annual rate of 4.19% compounded monthly and 4.2% compounded quarterly?What is the geometric average return over one year if the yearly returns are -9%, 8%, 5%, and 14%, respectively?What is the annual percentage yield (APY) for money invested at an annual rate of (A) 4.37% compounded monthly? (B) 4.38% compounded quarterly? appreciate the help thx!!
- Smiley Corporations current sales and partial balance sheet are shown here. Sales are expected to grow by 10% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities?I need this question answer financial accountingIf the Nominal (APR) rate of return for an investment is 10.15% compounded quarterly, what is the Effective Annual Rate of return (EAR or EFF)?