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

Author Question: Giant Koala Stores Inc. has forecasted sales for July and August in the top row of the table. Giant ... (Read 104 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Apr 25, 2021
Giant Koala Stores Inc. has forecasted sales for July and August in the top row of the table. Giant Koala makes 85% of its sales for cash and the remainder on credit. The credit sales are collected one month after the sale. What are Giant Koala's forecasted total cash inflows in August?

Sales Forecast and Cash Collections
Giant Koala Stores Inc. ($000,000)
​JulyAugust
Sales Forecast$18.000$18.000 
Cash Sales15.300​
Collections from last month​​
Total Cash Inflows​ 

◦ $17 million
◦ $18 million
◦ $19 million
◦ $21.15 million
◦ $21.4 million
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 joesmith1212 on Apr 25, 2021

deja

  • Sr. Member
  • ****
  • Posts: 332
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


joesmith1212

  • Member
  • Posts: 549
Reply 2 on: Apr 25, 2021
Wow, this really help

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Periodic Table Periodic Table
Cryptococcus neoformans giant cell. Cryptococcus neoformans giant cell.
On August 17, 1807, thousands of New Yorkers gathered along the Hudson River. Ma On August 17, 1807, thousands of New Yorkers gathered along the Hudson River. Ma
Body mass index table. Body mass index table.
Clear the inguinal catchment area. Face the side of the table at recipient’s waist. Place your ... Clear the inguinal catchment area. Face the side of the table at recipient’s waist. Place your ...
How to determine if a table of values represents a linear or quadratic relationship How to determine if a table of values represents a linear or quadratic relationship
Video: Major Elements in Biological Molecules: Lipids

For a complete list of videos, visit our video library