You manufactured 1,050 bikes and sold 1,000 of them for $200 each. Labor is 90/bike, material 60/bike.  Rent is 15,000.  No debt, hence no interest cost.                 Profits tax is 20%.                 What are (after-tax) profits?                 Calculate cash in and cash out.   Assume all profits are paid to owners.  What is net change in cash?  Your starting balance sheet contained $100,000 in fixed assets and $30,000 in cash.  Owners’ equity was the full 130,000.  What does your new balance sheet look like?

Determine the rate of return for this question?

You just took over another financial adviser's account. The client invested $15,500 at 6.92% compounded monthly and now has $24,980.58. How long has this client had the money invested?

I need help finding the accurate solution to this general accounting problem with valid methods.

I invest $10,000 in a new company.  The company then gets a bank loan for $5,000. The company then buys a machine for $3,000 and inventory for $2,000.  Create a balance sheet for the company.

Leyton Lumber Company has sales of $10 million per year, all on credit terms calling for payment within 30 days, and its accounts receivable are $2.25 million. Assume 365 days in year for your calculations. What is Leyton's DSO? Do not round intermediate calculations.Round your answer to two decimal places.  days What would DSO be if all customers paid on time? Do not round intermediate calculations. Round your answer to two decimal places.  days How much capital would be released if Leyton could take actions that led to on-time payments? Write out your answer completely. For Example, 13.2 million should be entered as 13,200,000. Do not round intermediate calculations. Round your answer to the nearest cent.$

Lalit Lumber Company has sales of $13 million per year, all on credit terms calling for payment within 30 days, and its accounts receivable are $3.45 million. Assume 365 days in the year for your calculations. 1. What is Lalit's DSO? 2. What would DSO be if all customers paid on time?

Please need answer the accounting question

Leyton Lumber Company has sales of $11 million per year, all on credit terms calling for payment within 30 days, and its accounts receivable are $1.43 million. Assume 365 days in year for your calculations. What is Leyton's DSO? Round your answer to two decimal places. days   What would DSO be if all customers paid on time? Do not round intermediate calculations. Round your answer to two decimal places. days   How much capital would be released if Leyton could take actions that led to on-time payments? Write out your answer completely. For Example, 13.2 million should be entered as 13,200,000. Do not round intermediate calculations. Round your answer to the nearest cent.$

Suppose that LilyMac Photography has annual sales of $230,000, cost of goods sold of $165,000, average inventories of $4,500, and average accounts receivable of $25,000. Assume that all of LilyMac's sales are on credit. What will be the firm's operating cycle? (Use 365 days a year. Do not round intermediate calculations. Round your final answer to 2 decimal places.)