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

Author Question: The Blatz Brewing Company produces 25 million hectolitres of beer each year. To put this in ... (Read 126 times)

colton

  • Hero Member
  • *****
  • Posts: 627
on: Apr 25, 2021
The Blatz Brewing Company produces 25 million hectolitres of beer each year. To put this in perspective, California consumed that much beer last year. A sales forecast for Blatz is provided in the top row of the table. Blatz sells its beer at a wholesale price of US$85 per hectoliter. All sales are on account and 75% of receivables are collected after 1 month, while 25% are collected after 2 months. What are Blatz' cash collections in March?

Sales and Cash Inflow Forecast
Blatz Brewing Company
​JanuaryFebruaryMarch
Sales Forecast - millions of hectoliters111.5
Sales Forecast - millions of dollars$85 $85 $128 
Collections from last month​​​
Collections from 2 months ago​​​
Total Cash Inflows​​ 

◦ $21
◦ $26
◦ $64
◦ $73
◦ $85
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 colton on Apr 25, 2021

Cheesycrackers

  • Sr. Member
  • ****
  • Posts: 333
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 29% of students answer this correctly


colton

  • Member
  • Posts: 627
Reply 2 on: Apr 25, 2021
Excellent

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
W-2 form issued to employees at the end of the year. W-2 form issued to employees at the end of the year.
A Global Bloom: Cities With Over One Million Residents A Global Bloom: Cities With Over One Million Residents
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Earth 600 Million Years Ago Earth 600 Million Years Ago
Earth 240 Million Years Ago Earth 240 Million Years Ago
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library