What is the projected accounts receivable for the current year with 12% growth if the prior year was $649,196?
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- What is the FV at the end of year 5 of $2212 put in an account today if the return is 8.6% per year?Your company forecasts that next year's sales will be $67.00 million and the Days Sales Outstanding (DSO) ratio will be 24.71. What is the forecasted accounts receivable for next year? Note: your answer should in millions of dollars.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 would be the annual percentage yield (APY) for a savings account that earned $174 on a balance of $3,250 over the past 365 days?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 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?Suppose the effective rate of interest is 4% per annum during 2010 and 2011, and 2.4695% per half year thereafter. Suppose also that the cashflows are +100 on 1 January 2010 and on 1 January 2011 -20 on 1 July 2011, 1 January 2012 and 1 January 2013, -35 on 1 July 2013 and 1 January 2014. What is the net value of these cashflows on i) 1 January 2014? ii) 1 January 2010? iii) 1 July 2012?