What is the projected accounts receivable for the current year with 15% growth if the prior year was $825,500?
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- 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 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!!
- What is the formula for forecast of sales revenue for 20 years at an increase of revenue of 20% each year?The current year financial statements of Your Health Corporation reported sales of $142,021 million and accounts receivable of $9,731 million. If sales are projected to increase 4% next year, what is the projected accounts receivable balance for the following year? Note: Use a rounded forecasting factor in your computations (for example, 0.044555 = 4.5%). Select one: O a. $8,659 million O O O O b. $9,920 million c. $8,330 million d. $10,191 million e. $9,731 millionSmiley 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 that $1,000 is deposited each year for five years into an equity (common stock) account earning 8% per year. During this period, general inflation is expected to remain at 3% per year. At the end of five years, what is the dollar value of the account in terms of today’s purchasing power (i.e., real dollars)?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 4.19% compounded monthly and 4.2% compounded quarterly?