Keedis Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 17,750 $ 14,450 $ 15,275 $ 15,975 The company places orders each quarter that are 30 percent of the followingquarter’s sales and has a 60-day payables period. What is the payment of accounts for the second quarter?

Dillingham, Incorporated, has a 60-day collection period. The projected sales for each quarter next year are shown below. What are collections for the third quarter? Q1 Q2 Q3 Q4 Sales $ 3,680 $ 4,260 $ 4,685 $ 5,160

Underground Funeral Services has annual sales of $885,500. The cost of goods sold is equal to 90 percent of sales. The firm has an average accounts receivable balance of $87,600 and an average accounts payable balance of $72,900. How many days, on average, does it take the firm to pay its suppliers?

SheltonCompany purchased a parcel of land six years ago for $855,500. At that time, the firm invested $127,000 in grading the site so that it would be usable. Since the firm wasn’t ready to use the site itself at that time, it decided to lease the land for $45,000 a year. The company is now considering building a warehouse on the site as the rental lease is expiring. The current value of the land is $907,000. What value should be included in the initial cost of the warehouse project for the use of this land?

The Lumber Yard has projected the sales below for the next four months. The company collects 39 percent of its sales in the month of sale, 42 percent in the month following the month of sale, 18 percent two months after the month of sale, and never collects 1 percent of its sales. How much will the company collect in April? January February March April Sales $ 137,600 $ 144,150 $ 151,975 $ 165,700

Your portfolio is invested 25 percent each in Stocks A and C, and 50 percent in Stock B. What is the standard deviation of your portfolio given the following information? State of Economy Probability of State of Economy Rate of Return if State Occurs Stock A Stock B Stock C Boom .07 .28 .14 .11 Good .55 .19 .12 .09 Poor .36 −.21 .07 .06 Bust .02 −.65 .03 −.03

JoAnn Manufacturing has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $ 54,600 $ 61,600 $ 69,900 $ 75,550 The company places orders each quarter that are 25 percent of the following quarter’s sales and has a 30-day payables period. What is the payment of accounts for the third quarter?

An investment earned annual returns of 7 percent, −32 percent, 11.5 percent, and 21.4 percent during the past four years. If you wish to know the compound annual rate of growth that the investment experienced, you should determine the ________, which equals ________ percent.

The primary purpose of credit analysis is to:

You are researching a company and find that it has an inventory period of 21.6 days, an accounts payable period of 34.1 days, and an accounts receivable period of 30.2 days. The company’s operating cycle is _____ days and its cash cycle is _____ days.