subject
Business, 24.06.2019 12:10 darnellgee298

Global services is considering a promotional campaign that will increase annual credit sales by $470,000. the company will require investments in accounts receivable, inventory, and plant and equipment. the turnover for each is as follows: accounts receivable 5 times inventory 10 times plant and equipment 4 times all $470,000 of the sales will be collectible. however, collection costs will be 3 percent of sales, and production and selling costs will be 76 percent of sales. the cost to carry inventory will be 10 percent of inventory. depreciation expense on plant and equipment will be 20 percent of plant and equipment. the tax rate is 35 percent. a. compute the investments in accounts receivable, inventory, and plant and equipment based on the turnover ratios. add the three together.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:30
Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.
Answers: 1
question
Business, 22.06.2019 09:40
Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.
Answers: 2
question
Business, 22.06.2019 10:00
The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x
Answers: 3
question
Business, 22.06.2019 15:10
Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a.wimpy’s production and productivity are greater than popeye’s. b.popeye’s production is greater than wimpy’s, but his productivity is less. c.wimpy’s production is greater than popeye’s, but his productivity is less. d.popeye’s production and productivity are greater than wimpy’s.
Answers: 3
You know the right answer?
Global services is considering a promotional campaign that will increase annual credit sales by $470...
Questions
question
Social Studies, 14.11.2020 18:50
question
SAT, 14.11.2020 18:50
question
Mathematics, 14.11.2020 18:50
question
Business, 14.11.2020 18:50
Questions on the website: 13722360