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 107 times)

robinn137

  • Hero Member
  • *****
  • Posts: 544
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. Blatz buys barley, hops and yeast one month before the sale. Raw materials cost are 15% of the wholesale price of the beer. Blatz purchases its raw materials on account and pays its suppliers one month after the purchase. What are Blatz' payments to suppliers in April?

Sales and Payments Forecast
Blatz Brewing Company
​JanuaryFebruaryMarchApril
Sales Forecast - millions of hectoliters111.52
Sales Forecast - millions of dollars$85 $85 $128 $170 
Purchases from Suppliers​​​​
Payments to Suppliers​​​ 

◦ $19.1
◦ $23.5
◦ $25.5
◦ $31.9
◦ $32.5
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 robinn137 on Apr 25, 2021

vish98

  • Sr. Member
  • ****
  • Posts: 326
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


robinn137

  • Member
  • Posts: 544
Reply 2 on: Apr 25, 2021
Gracias!

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

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?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Faulty outlooping produces lambda phage containing bacterial DNA Faulty outlooping produces lambda phage containing bacterial DNA
Hannah Höch, Cut with the Kitchen Knife Dada through the Last Weimar Beer Belly Cultural Epoch of ... Hannah Höch, Cut with the Kitchen Knife Dada through the Last Weimar Beer Belly Cultural Epoch of ...
Elizabeth, a married 35-year-old woman, always thought that she followed a sensible diet Elizabeth, a married 35-year-old woman, always thought that she followed a sensible diet
Pangaea 200 Million Years Ago Pangaea 200 Million Years Ago
essay on friendship written by a 10-year-old essay on friendship written by a 10-year-old
(a) Chromosome painting with five different-colored markers in a normal cell. (b) Painting produces (a) Chromosome painting with five different-colored markers in a normal cell. (b) Painting produces
Video: Elementary kinetics

For a complete list of videos, visit our video library