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 52 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
Excellent

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Air flows through the PCV valve during acceleration and when the engine is under a heavy load. Air flows through the PCV valve during acceleration and when the engine is under a heavy load.
Satellites in Weather Forecasting Satellites in Weather Forecasting
Gyres and the Geostrophic Flows Gyres and the Geostrophic Flows
Population Forecasting Population Forecasting
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: How does asthma work?And How do you treat asthma?

For a complete list of videos, visit our video library