The thakor corporation’s purchases from suppliers in a quarter are equal to 60 percent of the next quarter’s forecasted sales. the payables period is 60 days. wages, taxes, and other expenses are 25 percent of sales, and interest and dividends are $85 per quarter. no capital expenditures are planned. projected quarterly sales are: q1 q2 q3 q4 sales $ 2,070 $ 2,370 $ 2,070 $ 1,770 sales for the first quarter of the following year are projected at $2,400. calculate the company’s cash outlays by completing the following: (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)q1 q2 q3 q4 payment of accounts $ $ $ $ wages, taxes, other expenses long-term financing expenses(interest and dividends) total $ $ $

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting

The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?