Rayhan Company has an average collection period of 55 days. The annual sales is 8,500,000. What is the accounts receivable?

Q: Electronic Games is moving very quickly to introduce a new interrelated set of video games. The init...

A: "Since you have posted a question with multiple sub-parts, we have solved the first three for you. T...

Q: 5. The average car depreciates at a rate of 20% the first year after purchase and 15% every year the...

A: Cashflows means movement of cash. This movement can be positive and negative. Positive movement mean...

Q: At 6% interest rate, find the capitalized cost of a bridge whose cost is P 300 million and life is 2...

A: iAnswer -  Capitalised Cost - A capitalized cost is recognized as part of a fixed asset as it is an ...

Q: HighTech Wireless just published its current income statement, which shows net income equal to $240,...

A: Hightech has no debt it means no interest expense.   Income before tax = Net income/(1 - tax rate)  ...

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A: Given: Spot USDJPY rate = 113.15 3-month forward points = -22  

Q: The shares of toll road operator TransRural currently trade for $15 per share. Over the next 3 month...

A: It is a one step binomial model. Up factor "u" and down factor "d" is calculated and then C+ and C- ...

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A: The cash flows that are started immediately after the investment and go on for an infinite time peri...

Q: Your company, which is financed entirely with common equity, plans to manufacture a new  product, a ...

A: Ratio is a tool which is used to measure the growth or performance of the company by establishing th...

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A: An underwriter's risk of loss is known as underwriting risk. Underwriting risk in insurance can resu...

Q: how long will it take in years for sarah to save $10,000

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Q: Aluminum maker Alcoa has a beta of about 1.93, whereas Hormel Foods has a beta of 0.31. If the expec...

A: The term Beta ascertains the performance of an asset or security and change in the movement of the s...

Q: Profits generated by SM Prime Holdings were ₱100 million for the first year and increased by ₱10 mil...

A: Future Value: Using an expected rate of growth, future value (FV) is defined as the worth of a prese...

Q: Clayton Moore's Money Fund. Clayton Moore is the manager of an intemational money market fund manage...

A: Here,

Q: Board HW #1 PRIOR SERVE COST = 500 EM YRS = 20 DO ENTRY NOW DO THE AMORTIZATION ENTRY EVERY YR Board...

A:

Q: BAB110 NII, W22 Homework: Homework 2 Find the rate of markdown and the markdown. Regular Selling Pri...

A: Markdown = Regular selling price - Current Selling Price And Rate of markdown = Markdown / Regular S...

Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT = $700;...

A: Annuity means a set of finite number of payments which are made in equal time intervals and same in ...

Q: You are trying to pick the least-expensive equipment for your manufacturing operations. You have two...

A: To take the valuing decision between the two alternatives that have a different useful life, it is r...

Q: Find out debtors turnover ratio from the following information for one year ended 31st March 2014. A...

A: Debtors turnover ratio is the measure of finding out the efficiency of the company in collecting the...

Q: Assume that in 2018, a copper penny struck at the Philadelphia mint in 1796 was sold for $495,000.  ...

A: Yield to maturity can be calculated by following function in excel =RATE (nper, pmt, pv, [fv], [typ...

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A: Reserve ratio is the percentage of bank's deposits that must be kept in cash  as a reserve to meet e...

Q: MODIGLIANI & MILLER PROPOSITIONS A certain firm with no debt that operates in perfect capital market...

A: Ru = 7.5% Rd = 5% Let Re = ROE with leverage

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A: The effective annual rate of return can be calculated with the help of EAR formula

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A: Internal rate of return is one of the techniques of capital budgeting that take into consideration t...

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A: The discounted payback period is a measure of the time required for the project to break even. It di...

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Q: Compute the following: 1. Warehousing firm Case: Firm has a warehouse in Gurgaon and a firm rents ou...

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A: Future Value: Using an expected rate of growth, future value (FV) is defined as the worth of a prese...

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Q: Peter makes a deposit at the end of every month into a savings account that earns interest at 5.4% c...

A: A number of fixed payments at equal intervals of time can be called as an annuity. The future value ...

Q: If you are calculating the present value of this cash flow under semiannual (twice per year) compoun...

A: Future Value: It represents the value of annual cash flows or the sum of money at a later/future da...

Q: The Charleston Company is a relatively small, privately owned firm. Last year the company had after-...

A: The price-earnings ratio is the ratio of the market price of a stock to the earnings per share. It i...

Q: A bond payable in a currency different from that of the country in which it is issued is known as a

A: Junk Bond: It refers to the bond that has a low credit rating given by the rating agency. The ratin...

Q: You invest 185 000 TL to a bank deposit account at gross rate of %24.5 for 65 days. If the withholdi...

A:

Q: You’re buying your first house for $180,000, giving $35,000 as down payment. The amount you will fin...

A: The amount of interest payable over the term of the loan and the loan amount due is equal to the tot...

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A: Motorcycle total cost = 15500+155+125 = $15780 Down payment = 15% Loan amount (LV) = 15780*(1-0.15) ...

Q: Find the difference between the sums of annuity due and ordinary annuity for the following data: Per...

A: Annuity means a set of finite number of payments which are made in equal time intervals and same in ...

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A: The required payment will be calculated by evaluating the difference between the present value of lo...

Q: A machine has a first cost of PhP 800,000 and a salvage value of PhP 50,000 at the end of its life a...

A: Return means earn additional on invested amount over the period. It shows excess cash inflow over ca...

Q: Bart Software has 7.6 percent coupon bonds on the market with 23 years to maturity. The bonds make s...

A: A financial instrument that doesn’t affect the ownership of the common shareholders or management of...

Q: YVONE trading borrowed Php 200,000 from BLP Rural Bank at 9% discounted rate for one year and six mo...

A: Borrowed amount (B) = Php 200000 Discount rate (d) = 9% n = 1 year 6 months = 1.5 years

Q: Jennifer intent to calculate the future value of the following cash flow at the end of 5 years, assu...

A: We will apply the required formula to calculate the future value of the cash flow using interest rat...

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Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.