What is the projected accounts receivable for the current year with 15% growth if the prior year was $825,500?
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- NeedYour 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 rate of this financial accounting question?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!!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?
- 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)?