Homework Answers
Projected Sales in Quarter 1 of next year = Current Sales(1+growth rate)
= 16800*(1+12%) = $18,816
Hence, payment of accounts for Q4 are 18,816*25% = $4,704
Hence, the answer is $4704
Add Answer to:
What would the payment of accounts be for Q4? please show work, thank you Problems 4...
What would the payment of accounts be for Q4? please show work, thank you Problems 4...
What would the payment of accounts be for Q4?
please show work,
thank you
Problems 4 and 5: Calculating Payments. Palladium Catalysis Products has projected the following sales for the coming year: Q1 9,300 Q2 12,100 Q3 17.000 Q4 16,800 Projected Sales Sales in the year following this one are projected to be 12% greater in each quarter. 4 a-d: Calculate payments to suppliers assuming that Palladium Catalysis places orders during each quarter equal to 25% of projected sales for...
What would the payment of accounts be for Q4? please show work, thank you Problems 4...
What would the payment of accounts be for Q4?
please show work,
thank you
Problems 4 and 5: Calculating Payments. Palladium Catalysis Products has projected the following sales for the coming year: Q1 9,300 Q2 12,100 Q3 17.000 Q4 16,800 Projected Sales Sales in the year following this one are projected to be 12% greater in each quarter. 4 a-d: Calculate payments to suppliers assuming that Palladium Catalysis places orders during each quarter equal to 25% of projected sales for...
Lewellen Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales...
Lewellen Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 840 $ 920 $ 880 $ 980 Sales in the year following this one are projected to be 10 percent greater in each quarter. a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. (Do not round intermediate calculations and round your...
Grohl Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales...
Grohl Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $720 $790 $960 $880 Sales in the year following this one are projected to be 15 percent greater in each quarter. Requirement 1: Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that the company pays immediately. (a) What is the payables period in this case? (Do not...
Calculating Payments
Confusion Products has projected the following sales for the coming year:Q1 $620 Q2 $690 Q3 $860 Q4 $780Sales in the year following this one are projected to be 15 percent greater in each quarter.Calculate payments to suppliers assuming that the company places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume thatthe company pays immediately.1. What is the payables period in this case?2. For payment of accounts:Q1 $Q2 $Q3 $Q4 $Calculate payments to...
points eBook Print References Check my workCheck My Work button is now enabled1 Item 4 Item...
points eBook Print References Check my workCheck My Work button is now enabled1 Item 4 Item 4 1.11 points Problem 26-7 Calculating Payments Rossdale Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 920 $ 1,000 $ 960 $ 1,060 Sales in the year following this one are projected to be 15 percent greater in each quarter. a. Calculate payments to suppliers assuming that the company places orders during each quarter equal to...
PLEASE 2 DECIMAL PLACES 4 The MacDonald Corporation's purchases from suppliers in a quarter are equal to 60 percent of t...
PLEASE 2 DECIMAL PLACES
4 The MacDonald Corporation's purchases from suppliers in a quarter are equal to 60 percent of the next quarter's forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 40 percent of sales, and interest and dividends are $129 per quarter. No capital expenditures are planned. Projected quarterly sales are: Q1 $1,080 Q2 Q3 Q4 10 $1,230 $1,320 $1,530 Sales polnts Sales for the first quarter of the following year are projected...
The sales budget for your company in the coming year is based on a quarterly growth...
The sales budget for your company in the coming year is based on a quarterly growth rate of 10 percent with the first-quarter sales projection at $226.1 million. In addition to this basic trend, the seasonal adjustments for the four quarters are 0, -$17.1, -$9.1, and $22.1 million, respectively. Generally, 50 percent of the sales can be collected within the quarter and 40 percent in the following quarter; the rest of the sales are bad debt. The bad debts are...
1d please show work as well. thank you Do all calculations using 9 decimal places, retain...
1d
please show work as well.
thank you
Do all calculations using 9 decimal places, retain the 9 decimal places throughout the calculations, then when you report answers round to 2 decimal places. Examples: If the answer is in years: i.e., 9.5576 report 9.56 years. If the answer is in dollars, i.e., $56.987.555 report to the nearest cent $56,987.56. If the answer is in percentage terms i.e., 10.4478 % report 10.45% If the answer is in times i.e., 4.783 report...
The Torrey Pine Corporation's purchases from suppliers in a quarter are equal to 75 percent of...
The Torrey Pine Corporation's purchases from suppliers in a quarter are equal to 75 percent of the next quarter's forecast sales. The payables period is 60 days. Wages. taxes, and other expenses are 20 percent of sales, and interest and dividends are $90 per quarter. No capital expenditures are planned points Projected quarterly sales are shown here. eBook Q1 Q2 Q3 Sales $1.670 $2,065 $1,810 Q4 $1,530 Print References Sales for the first quarter of the following year are projected...
What would the payment of accounts be for Q4?
please show work,
thank you
Problems 4 and 5: Calculating Payments. Palladium Catalysis Products has projected the following sales for the coming year: Q1 9,300 Q2 12,100 Q3 17.000 Q4 16,800 Projected Sales Sales in the year following this one are projected to be 12% greater in each quarter. 4 a-d: Calculate payments to suppliers assuming that Palladium Catalysis places orders during each quarter equal to 25% of projected sales for...
What would the payment of accounts be for Q4?
please show work,
thank you
Problems 4 and 5: Calculating Payments. Palladium Catalysis Products has projected the following sales for the coming year: Q1 9,300 Q2 12,100 Q3 17.000 Q4 16,800 Projected Sales Sales in the year following this one are projected to be 12% greater in each quarter. 4 a-d: Calculate payments to suppliers assuming that Palladium Catalysis places orders during each quarter equal to 25% of projected sales for...
PLEASE 2 DECIMAL PLACES
4 The MacDonald Corporation's purchases from suppliers in a quarter are equal to 60 percent of the next quarter's forecast sales. The payables period is 60 days. Wages, taxes, and other expenses are 40 percent of sales, and interest and dividends are $129 per quarter. No capital expenditures are planned. Projected quarterly sales are: Q1 $1,080 Q2 Q3 Q4 10 $1,230 $1,320 $1,530 Sales polnts Sales for the first quarter of the following year are projected...
The sales budget for your company in the coming year is based on a quarterly growth rate of 10 percent with the first-quarter sales projection at $226.1 million. In addition to this basic trend, the seasonal adjustments for the four quarters are 0, -$17.1, -$9.1, and $22.1 million, respectively. Generally, 50 percent of the sales can be collected within the quarter and 40 percent in the following quarter; the rest of the sales are bad debt. The bad debts are...
1d
please show work as well.
thank you
Do all calculations using 9 decimal places, retain the 9 decimal places throughout the calculations, then when you report answers round to 2 decimal places. Examples: If the answer is in years: i.e., 9.5576 report 9.56 years. If the answer is in dollars, i.e., $56.987.555 report to the nearest cent $56,987.56. If the answer is in percentage terms i.e., 10.4478 % report 10.45% If the answer is in times i.e., 4.783 report...
The Torrey Pine Corporation's purchases from suppliers in a quarter are equal to 75 percent of the next quarter's forecast sales. The payables period is 60 days. Wages. taxes, and other expenses are 20 percent of sales, and interest and dividends are $90 per quarter. No capital expenditures are planned points Projected quarterly sales are shown here. eBook Q1 Q2 Q3 Sales $1.670 $2,065 $1,810 Q4 $1,530 Print References Sales for the first quarter of the following year are projected...
Most questions answered within 3 hours.
-
Do you believe that some things that fall into the category of
“pseudoscience” are worth believing...
asked 21 minutes ago -
A 0.100-kg, 59.6-cm-long uniform bar has a small 0.070-kg mass
glued to its left end and...
asked 13 minutes ago -
Direct Labor Variances
The following data relate to labor cost for production of 4,600
cellular telephones:...
asked 27 minutes ago -
On July 27, 2018, shareholders of the Walt Disney Company and
21st Century Fox agreed to...
asked 5 minutes ago -
Write a brief response, 30-90-words, for each question below. 1.
In your own words, define “Auditing.”...
asked 10 minutes ago -
Water flows through a 8-foot wide and 4-foot tall rectangular
channel. If the desired flow rate...
asked 17 minutes ago -
Cruz Video Center accumulates the following cost and net
realizable data at December 31.
Cameras $14,700...
asked 21 minutes ago -
1. Describe the differences between management in the nonprofit
sector and management in other sectors. How...
asked 28 minutes ago -
Identify the location of the following corresponding operand if
the address field in an instruction contains...
asked 29 minutes ago -
A new battery's voltage may be acceptable (A) or unacceptable
(U). A certain flashlight requires two...
asked 32 minutes ago -
Water has significant IMF, which result in many of its unique
properties—high boiling point relative to...
asked 51 minutes ago -
I need help with an executive summary for Adidas Items to be
included are a discription...
asked 44 minutes ago