Here is a forecast of sales by National Bromide for the first 4
months of 2017...
Here is a forecast of sales by National Bromide for the first 4
months of 2017 (figures in thousands of dollars):
Month:
1
2
3
4
Cash sales
29
38
32
28
Credit sales
170
190
160
140
On average, 50% of credit sales are paid for in the current
month, 30% in the next month, and the remainder in the month after
that. What are the expected cash collections in months 3 and 4?
(Enter your answers in whole...
Here is a forecast of sales by National Bromide for the first 4
months of 2019...
Here is a forecast of sales by National Bromide for the first 4
months of 2019 (figures in thousands of dollars):
Month:
1
2
3
4
Cash sales
31
40
34
30
Sales on credit
180
200
170
150
On average, 50% of credit sales are paid for in the current
month, 30% in the next month, and the remainder in the month after
that. What are the expected cash collections in months 3 and 4?
(Enter your answers in...
Here is a forecast of
sales by National Bromide for the first 4 months of 2019...
Here is a forecast of
sales by National Bromide for the first 4 months of 2019 (figures
in thousands of dollars):
Month:
1
2
3
4
Cash sales
35
44
38
34
Sales on credit
200
220
190
170
On average, 50% of
credit sales are paid for in the current month, 30% in the next
month, and the remainder in the month after that. What are the
expected cash collections in months 3 and 4? (Enter your
answers in...
Here is a forecast of sales by XYZ Inc. for the first 4 months
of 2018...
Here is a forecast of sales by XYZ Inc. for the first 4 months
of 2018 (figures in
thousands of dollars):
Month 1 2 3 4
Cash sales 15 24 18 14
Sales on credit 100 120 90 70
On average, 50% of credit sales are paid for in the current
month, 30% in the next
month, and the remainder in the month after that. What are the
expected cash
collections in months 3 and 4?
National Beverage Company anticipates the following
first-quarter sales for 2015: $1,808,000 (January), $1,669,000
(February), and $2,157,000...
National Beverage Company anticipates the following
first-quarter sales for 2015: $1,808,000 (January), $1,669,000
(February), and $2,157,000 (March). It posted the following
sales figures for the last quarter of 2014: $1,843,000
(October), $ 2,033,000 (November), and $ 2,107,000 (December).
The company sells 38% of its products on credit; 62% are cash
sales. The company collects credit sales as follows: 29% in the
following month, 50% two months later, and 18% three months
later, with 3% defaults. What are the anticipated cash...
Develop a cash budget for the next two months using the
information provided below
Monthly sales...
Develop a cash budget for the next two months using the
information provided below
Monthly sales
forecast are $210,000 and $30,000 for the next two months
The current month's sales were
$140,000
80% of sales are collected in
the month of sale, with the remainder collected in the following
month
Cost of goods sold equal 70%
of sales
The monthly lease payment is
$75,000
The cash position at the end
of the current month is $70,000
The target cash balance...
Depotissimo " , has predicted the following sales for the first
four months of 2015
January...
Depotissimo " , has predicted the following sales for the first
four months of 2015
January
$ 6,000
March
$ 15,000
February
$ 11,000
April
$ 17,000
Monthly purchases of raw materials accounts for 60 % of sales
forecast for the next month.
Of total raw material purchases , payments are 60% in cash in
the same month and 40% on credit. Of credit purchases 70% is paid
in the following month and 30% is paid in two months.
Predicted...
Depotissimo " , has predicted the following sales for the first
four months of 2015
January...
Depotissimo " , has predicted the following sales for the first
four months of 2015
January
$ 7,000
March
$ 15,000
February
$ 12,000
April
$ 18,000
Monthly purchases of raw materials accounts for 50 % of sales
forecast for the next month.
Of total raw material purchases , payments are 50% in cash in
the same month and 50% on credit. Of credit purchases 70% is paid
in the following month and 30% is paid in two months.
Predicted...
Budgeted sales at Ikkeep Corporation over the next four months
are given below:
September
$150,000
October...
Budgeted sales at Ikkeep Corporation over the next four months
are given below:
September
$150,000
October
$160,000
November
$180,000
December
$140,000
The company estimates that 25% of the sales are for cash, and 75%
on credit. Collections for sales on account follow a stable pattern
as follows:
50% will be collected in the month of the sale, 30% in the month
following the sale, 15% in the second month following the sale, and
the rest uncollectible. What would be the...
The city of Charleston had the following sales of water for the
selected months of 2017:...
The city of Charleston had the following sales of water for the
selected months of 2017:
Month
Sales
February
$60,000
March
45,000
April
60,000
May
42,500
June
100,000
July
120,000
All sales are on credit. Historically, 60 percent is collected
in the month of sale, 30 percent during the first month following
the sale, and 10percent in the second month following the sale.
Water purchases by month are as follows:
Month
February
$60,000
March
40,000
April
45,000
May
59,750
June...