Question

ABC is forecasting its cash flows for the upcoming year. The forecast sales levels for each...

ABC is forecasting its cash flows for the upcoming year. The forecast sales levels for each month are shown below. On average, 10% of ABC's customers pay in the same month of the sale, 35% pay in the month after the sale, and the rest pay two months after the sale is made. Given that information, how much total cash inflow from sales should ABC actually receive during the three month period from July through September?

Month

Sales

JAN

78,000

FEB

83,000

MAR

114,000

APR

211,000

MAY

227000

JUN

271,000

JUL

276,000

AUG

291,000

SEP

187,000

OCT

159,000

NOV

125,000

DEC

107,000
Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Month Year Sales JAN 2014 372012 FEB 2014 377748 MAR 2014 382915 APR 2014 387140 MAY...
Month Year Sales JAN 2014 372012 FEB 2014 377748 MAR 2014 382915 APR 2014 387140 MAY 2014 388205 JUN 2014 390346 JUL 2014 391052 AUG 2014 394458 SEP 2014 394025 OCT 2014 396158 NOV 2014 398452 DEC 2014 399105 JAN 2015 400299 FEB 2015 398314 MAR 2015 404358 APR 2015 405678 MAY 2015 407867 JUN 2015 407959 JUL 2015 410540 AUG 2015 411860 SEP 2015 412791 OCT 2015 412002 NOV 2015 414260 DEC 2015 416186 Create a time series plot...
1) Calculate a three period moving average forecast for the months of July, August, and September...
1) Calculate a three period moving average forecast for the months of July, August, and September 2011. Using the observed data and your forecasted values, calculate the MAPE for this forecasting method over those three months. Select the correct answer from the list given. 0.8% 2.6% 5.7% 7.9% 9.3% 27.9% 2) Given this data, what forecasting method would be best to use to forecast the unemployment rate in January 2012? Weighted moving average Three-period moving average Five-period moving average Simple...
Month time Sales Jan 1 200 Feb 2 203 March 3 210 Mar 4 218 April...
Month time Sales Jan 1 200 Feb 2 203 March 3 210 Mar 4 218 April 5 230 May 6 245 Jun 7 346 Jul 8 376 Aug 9 389 Sep 10 231 Oct 11 200 Nov 12 189 Dec 13 155 Jan 14 178 Feb 15 193 Mar 16 192 Apr 17 201 May 18 212 Jun 19 367 Jul 20 391 Aug 21 401 Sep 22 204 Oct 23 201 Nov 24 183 Dec 25 145 Jan 26...
In the following, you can see the seasonal component of the monthly beer sales data based...
In the following, you can see the seasonal component of the monthly beer sales data based on multiplicative decomposition. Describe the results of the decomposition. Please be specific in explaining the meaning of the seasonal coefficients for each month. Jan Feb. Mar. Apr. May. Jun. Jul. Aug. Sep. Oct. Nov. Dec 1975. 0.88. 0.87. 1.03. 1.04. 1.13. 1.14. 1.14. 1.13. 0.98. 0.95. 0.86. 0.84 1976. 0.88. 0.87. 1.03. 1.04. 1.13. 1.14. 1.14. 1.13. 0.98. 0.95. 0.86. 0.84 1977. 0.88. 0.87....
Use data below to create a file with monthly data from January 2015 to December 2017...
Use data below to create a file with monthly data from January 2015 to December 2017 for Hansen Company. The first variable is Time. The second variable, Sales 1, has data on sales of a product 1. The third variable, Sales 2, has data on sales of a product 2. Part 1: For this problem, use the Sales 1 variable to answer the following questions. What are the forecasts for the January of the year 2018 and evaluate the MSE...
Shop n Pay is a fast-growing, diversified South African-based retailer dealing in fast moving consumer goods...
Shop n Pay is a fast-growing, diversified South African-based retailer dealing in fast moving consumer goods (FMCGs). The recently-appointed operations manager of Shop n Pay, Mr Benedict Msimanga, is currently reviewing all operations management policies of the company and has gathered the following information: A. Internationalisation strategy With the recent conclusion of the African Continental Free Trade Agreement (AfCFTA), the company is in the process of expanding its operations to key markets on the African continent. Countries on the radar...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT