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 77 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
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 cost of goods sold is 81.2% of sales. Gyrl buys its raw materials one month prior to the sale of the finished product. It pays for half of its raw materials in the same month as the purchase and half in the following month. What are Gyrl's total payments to suppliers in January?

Gyrl Skateboards Inc.
Sales and Payments Forecast ($000s)
​NovemberDecemberJanuaryFebruary
Sales Forecast$2,700$2,950$2,545$2,795
Purchases from Suppliers​​​​
Payments to Suppliers​​​​
Payments one month after​ ​ 
Total Payments to Suppliers​​​​

◦ $2,050,000
◦ $2,168,000
◦ $2,270,000
◦ $2,568,000
◦ $2,757,000
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 oliviahorn72 on Apr 25, 2021

Anna

  • Sr. Member
  • ****
  • Posts: 343
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


oliviahorn72

  • Member
  • Posts: 579
Reply 2 on: Apr 25, 2021
Wow, this really help

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

A multiport fuel injector. Notice that the fuel flows straight through and does not come in contact ... A multiport fuel injector. Notice that the fuel flows straight through and does not come in contact ...
Air flows through the PCV valve during idle, cruising, and light-load conditions. Air flows through the PCV valve during idle, cruising, and light-load conditions.
Weather Forecasting—Both Art and Science Weather Forecasting—Both Art and Science
Satellites in Weather Forecasting Satellites in Weather Forecasting
Gyres and the Geostrophic Flows Gyres and the Geostrophic Flows
The following sentence is written in the passive voice: The man rode his skateboard to work ... The following sentence is written in the passive voice: The man rode his skateboard to work ...
Video: baroreceptors

For a complete list of videos, visit our video library