Company has the following sales budget for the last six months of 2014: July $200,000 October $180,000
August 160,000 November 200,000
September 220,000 December 188,000
Historically, the cash collection of sales has been as follows:
65% of sales collected in the month of sale
25% of sales collected in the month following the sale
8% of sales collected in the second month following the sale
2% of sales are uncollectible
Cash collections for September are:.
A. $204,000.
B. $173,400.
C. $199,000.
D. $143,000.
What is the ending balance of accounts receivable for September assuming uncollectible balances are written off during the second month following the sale?
A. $88,300.
B. $97,000.
C. $93,000.
D. $199,00.

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

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

Analyze the forces in the marketing environment that have contributed to pinterest’s explosion in popularity?