This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the ... (Read 54 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Apr 25, 2021
Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the next few months. Forecasted sales are shown on the top row of the table. Gyrl's sales are 25% cash and the rest are credit. It collects two-thirds of the credit sales in the month following the sale, and the remainder two months later. What are Gyrl's forecasted total cash inflows in December?

Gyrl Skateboards Inc.
Sales Forecast and Collections Forecast ($000s)
​OctoberNovemberDecember
Sales Forecast$2,600$2,700 $2,950 
Cash Sales​​​
Collections from last month​​​
Collections from 2 months ago​​​
Total Cash Inflows​​ 

◦ $2,700,000
◦ $2,713,000
◦ $2,738,000
◦ $2,888,000
◦ $2,950,000
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by SO00 on Apr 25, 2021

laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


SO00

  • Member
  • Posts: 568
Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
A multiport fuel injector. Notice that the fuel flows straight through and does not come in contact ... A multiport fuel injector. Notice that the fuel flows straight through and does not come in contact ...
Air flows through the PCV valve during idle, cruising, and light-load conditions. Air flows through the PCV valve during idle, cruising, and light-load conditions.
Other Forecasting Methods Other Forecasting Methods
Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ... Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and ...
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: Osteoporosis

For a complete list of videos, visit our video library