172,500 by 70% to derive at cash received when the question stated that the stand-alone selling price of the product was 186,300. Please clarify. Thanks
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I am confused why we are multiplying 172,500 by 70% to derive at cash received when the question stated that the stand-alone selling price of the product was 186,300. Please clarify. Thanks
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- The following quotations are available to you. CAD 1.2610/USD, Euro 0.8309/USD, CAD 1.5/Euro Assume that you have an initial $1,000,000. Is triangular arbitrage possible? If so, explain the steps and compute your profit.2) What is mark-to-market accounting? a. Hint: Use an example to demonstrate the type of accounting Enron was engaging in. The following sequence of cash flows will be helpful. Assume a 10% discount rate. t = 0 t = 1 4,950.00 t = 2 9,680.00 t = 3 (25,000.00) 16,637.50 First, calculate the accounting income for each year (i.e., use historical cost accounting). Second, calculate the income using Enron's method (i.e., fair value accounting).how does it calculate the 500000 in 20x1 and 400000 in 20x0 in profit attribitable to ordinary sahreholders column?
- 2. The following projected 2022 figures were provided to you by the Marikit Company for analysis : (80% on credit) Sales 8,872,500 Cost of goods sold 3,629,585 1,822,420 Operating expenses Non-cash charges included in Cost of goods sold Operating expenses P 220,500 88,725 The company operates on a five working days per week or 260-days per year. Required: a. Minimum cash balance for two weeks ? b. Average collection period if the accounts receivable on the average amounted to P443,625 ? c. If receivable turnover is expected to increase by 15%, how much will average receivable be?Lim Motors has sales of RM116,400, costs of goods sold of RM64,800, depreciation of RM7,100 and interest paid of RM3,800. The tax rate is 21%. What is the value of the cash coverage ratio? Select one: a. 13.58 b. 17.27 c. 12.14 d. 23.41Hailey, Inc., has sales of $24200, costs of $8800, depreciation expense of $2600, and interest expense of $1800. Assume the tax rate is 36 percent. What is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
- Provided the following information: Sales =$1,440,000, Cost of Goods Sold= $1,100,000, Inventory=$200,000, Receivables=$160,000, Payables=S100,000 and there are 365 days in a year. What is the cash conversion cycle for the firm? a. 113.55 Days b. 77.05 Days c. 150.05 Days d. 73 Days e. None of the aboveA. Provide exercises. Here are sample questions: • Current assets is PHP2,000, current liabilities is PHP3,500. What is current ratio? • Inventory is PHP150. Accounts payable is PHP450. Cash and accounts receivable total PHP800. What is the current ratio? Quick ratio? • If current ratio is 1.7, what is the total accounts reccivable if cash is PHP20,000, inventory is PHP7,500, and accounts payable is PHP30,000. • Cash is 30% of total current assets. If current ratio is 2.3, what is the new current ratio if total non-cash current assets grow by 50%? B. 1. compute the ratios of the sample companies and ask them to compare the three companies using the ratios computed. 2014 B. 2 what are the possible reason why the sample companies bave different ratios. What could have possibly caused these differences? What are the implications? B. 3 How to interpret the liquidity ratios? B 4. Which ratio is more relevant - quick ratio or current ratio? B 5. What other factors would a barık or supplier…A) i. The following data were extracted from the financial statements of Zinc Incorporated. Assuming the year has 365 days, calculate the operating cycle and cash conversion cycle of Zinc Inc. Annual credit sales - $70,000 Annual cost of goods sold = $42,500 Inventory = $7,500 Accounts receivable = $4,800 Accounts payable= $4,000 II). Discuss three important ways in which the CCC could be reduced.
- Your pro forma income statement shows sales of $982,000, cost of goods sold as $482,000, depreciation expense of $104,000, and taxes of $99,000 due to a tax rate of 25%. What are your pro forma earnings? What is your pro forma free cash flow? The pro forma free cash will be $___? (round to the nearest dollar)CAN SOMEONE HELP ME FIGURE OUT THE RATIOS BY THE INFORMATION THAT IS GIVIN ? Additional information for 2020: 1. Net income was $25,600. 2. Sales on account were $406,800. Sales returns and allowances amounted to $19,800. 3. Cost of goods sold was $199,800. 4. Net cash provided by operating activities was $45,700. 5. Capital expenditures were $23,600, and cash dividends were $10,200.A firm just made a $1,000,000.00 sale to a retail chain. The retail chain will pay 50.00% in cash today, and then pay the remainder in 30 days (a receivable for the firm). The firm fills the sale with $400,000.00 in inventory. Consider how an accountant will handle this transaction. Revenues will be adjusted by