Projected revenue for year 20X1 is as follows:$823,155 in January, $685,546 in February, $454,050 in March, and $811,904 in April.Historical net revenues categorized by payer:PayerRevenue PercentMedicare 8,931,228Medicaid 11,906,868Blue Cross 10,159,306Private5,082,192Total?Collection patterns by payer:Payer Within 1 Month Within 2 Months Within 3 Months Within 4 Months TotalMedicare18%26%28%? 100%Medicaid6%20%49%? 100%Blue Cross11%43%26%? 100%Private59%28%6%? 100%How much revenue do we expect to collect in total in March? (Do not round intermediatecalculations. Round your final answer to 2 decimal places. Omit the "$" sign and commasin your response. For example, $12.3456 should be entered as 12.35.)

To determine the total revenue expected to be collected in March, we first need to calculate the…

Answered: Projected revenue for year 20X1 is as…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter15: Capital Investment Analysis

Section: Chapter Questions

Problem 15.1.1MBA

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The following information pertains to Yoyo Projects for the three months ended 31 May 2020:ActualBudgetedMarchRAprilRMayRRevenue (20% for cash and 80% on credit)360 000380 000400 000Purchases (10% for cash 90% on credit)240 000280 000320 000Salaries and wages paid40 00060 00060 000Cash expenses24 00028 00032 000Depreciation2 0002 0002 000Additional Information:a) It is expected that debtors will settle their accounts as follows:• 20 % in the month of invoice• 70% in the month after the month of invoice, and• 5% in the second month after the month of invoice• The remaining 5% is usually written off as bad debts.b) Trade creditors are paid in the month after purchase at a discount of 5%.c) 50% of the salaries and wages are weekly wages. Since wages are paid weekly, usually 10% of the wages are paid in the month following the month in which they were incurred.d) Expenses are paid as they arise.e) The favourable bank balance on 1 April 2020 was R 21 000.RequiredPrepare the Cash Budget of…
CALCULATE THE INTEREST COVERAGE RATIO. For the year ended December 31, Notes 2020 2019 Revenue ₱ 10,775,731.00 ₱ 11,334,976.00 Cost of Sales 7,175,540.00 7,552,700.00 Gross profit 3,600,191.00 3,782,276.00 General and Administrative expenses 3,278,202.00 3,417,740.00 Finance Cost Or Interest Expense 48,000.00 16,000.00 Net Income before Tax 273,989.00 348,536.00 Provision for Income Tax 82,197.00 104,561.00 NET INCOME AFTER TAX ₱ 191,792.00 ₱ 243,975.00 (See Notes to Financial Statement)
PreviousBalance AnnualPercentageRate (APR)(as a %) MonthlyPeriodicRate FinanceCharge(in $) Purchasesand CashAdvances PaymentsandCredits NewBalance(in $) $2,490.00 % 1 1 4 % $ $1,374.98 $300.00 $
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Projecting NOPAT and NOA Using Parsimonious Forecasting Method Following are Logitech's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) for its fiscal year ended March 31, 2019 ($ thousands). Note: Complete the entire question using the following Excel template: Excel Template. Then enter the answers into the provided spaces below with two decimal places. Financial information Net sales $2,091,242 Net operating profit after tax (NOPAT) 158,522 Net operating assets (NOA) 428,867 Use the parsimonious method to forecast Logitech's sales, NOPAT, and NOA for fiscal years ended March 31, 2020 through 2023 using the following assumptions. Note: Complete the entire question in Excel (template provided above). Using Excel, format each answer to two decimal places. Use Increase Decimal or Decrease Decimal to adjust decimal places. Do not round answers. Then enter the answers into the provided spaces below with two decimal places.. Note: When completing the question…
Using coefficients obtained from regression analysis based on quarterly data from the "Netflix Quarterly Data Excel Sheet", what is the average quarterly contribution margin (i.e., Year Quarter Subscribers Revenue Cost of Revenue 2020 1 182.86 $5,767.69 $3,599.70 2020 2 192.95 $6, 148.29 $3,643.71 2020 3 195.15 $6,435.64 $3,867.75 2020 4 203.66 $6,644.44 $4,165.16 2021 1 207.64 $7,163.28 $3,868.51 2021 2 209 $7,341.78 $4,018.01 2021 3 214 $7,483.47 $4,206.59 2021 4 222.2 $7,709.32 $5,239.58 2022 1 222 $7,867.77 $ 4,284.71 2022 2 220.6 $7,970.14 $4,690.76 2022 3 223 $7,925.59 $4,788.67 2022 4 230.7 $7,852.05 $5,404.16

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