The company makes 20 percent of its sales for cash and 80 percent on credit. of the credit sales, 50 percent are collected in the month after the sale and 50 percent are collected two months later. archer pays for 20 percent of its purchases in the month after purchase and 80 percent two months after. labor expense equals 15 percent of the current month’s sales. overhead expense equals $12,500 per month. interest payments of $32,500 are due in june and september. a cash dividend of $52,500 is scheduled to be paid in june. tax payments of $25,500 are due in june and september. there is a scheduled capital outlay of $350,000 in september. archer electronics’ ending cash balance in may is $22,500. the minimum desired cash balance is $10,500. b. prepare a schedule of monthly cash payments for june through september.

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Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2