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 44 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
YES! Correct, THANKS for helping me on my review

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

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.

When the engine is cold, the coolant flows through the bypass. When the engine is cold, the coolant flows through the bypass.
A typical engine oil cooler. Engine coolant flows through the cooler adjuster that fits between the ... A typical engine oil cooler. Engine coolant flows through the cooler adjuster that fits between the ...
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.
Upper Airflow and Weather Forecasting Upper Airflow and Weather Forecasting
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 ...
Energy flows from the environment into living organisms, then back to the environment Energy flows from the environment into living organisms, then back to the environment
Video: Introduction to Heart Attacks

For a complete list of videos, visit our video library