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Author Question: Giant Koala Stores Inc. has forecasted sales for July through October in the top row of the table. ... (Read 105 times)

asd123

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on: Apr 25, 2021
Giant Koala Stores Inc. has forecasted sales for July through October in the top row of the table. Purchases are 65% of sales. All purchases are made one month in advance of the sale. Ten percent (10%) of suppliers are paid in the month of purchase and the remainder are paid in the following month. What are Giant Koala's payments to suppliers in September?

Sales Forecast, Purchases and Payments to Suppliers
Giant Koala Stores Inc. ($000,000)
​JulyAugustSeptemberOctober
Sales Forecast$18.000$18.000 $22.000$21.000
Purchases from Suppliers11.70014.300​​
Payments to Suppliers1.1701.430​​
Payments to Suppliers from last Month​ 12.870 
Total Payments to Suppliers​​​ 

◦ $11.313 million
◦ $11.625 million
◦ $12.456 million
◦ $14.235 million
◦ $15.4 million
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by asd123 on Apr 25, 2021

potomatos

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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.
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asd123

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

kjohnson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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