Nuthatch corporation began its operations on september 1 of the current year. budgeted sales for the first three months of business are $260,000, $375,000, and $400,000, respectively, for september, october, and november. the company expects to sell 30% of its merchandise for cash. of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. the cash collections expected in november from accounts receivable are projected to be:
(a) $280,000
(b) $316,400
(c) $295,200
(d) $296,250

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should