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Author Question: Q1: $1.8 millionQ2: 2.4 millionQ3: 8.4 millionQ4: 3.2 millionAzamel Cosmetics specializes in ... (Read 34 times)

penza

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on: Jul 9, 2019
Q1: $1.8 millionQ2:  2.4 millionQ3: 8.4 millionQ4: 3.2 million

Azamel Cosmetics specializes in cosmetics which have high levels of UV protection. The above figures show the anticipated sales over the next four quarters. Azamel carries inventory equal to 30% of next quarter's sales, has accounts payable of 20% of next quarter's sales, and accounts receivable of 25% of this quarter's sales. If its net income is 12% of sales, in which quarter is it expected that Azamel's seasonal working capital needs will be the greatest?
◦ Q1
◦ Q2
◦ Q3
◦ Q4
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by penza on Jul 9, 2019

leahchrapun

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Reply #1 on: Jul 9, 2019
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.
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penza

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Reply 2 on: Jul 9, 2019
Excellent

upturnedfurball

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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