1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivanshal [37]
2 years ago
5

Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of

the kits next quarter at a price of $11, and the other 50 kits in the third quarter at a price of $12. It takes a full quarter for Ponzi to collect its bills from its customers. (Ignore possible sales in earlier or later quarters.)
a. Prepare an income statement for Ponzi for today and for each of the next three quarters. Ignore taxes. (LOI)
b. What are the cash flows for the company today and in each of the next three quarters? (L03)
c. What is Ponzi's net working capital in each quarter? (LOI)
Business
1 answer:
irga5000 [103]2 years ago
7 0
A. I think that’s the answer, hope it works
You might be interested in
The president of a growing engineering firm wishes to give each of 20 employees a holiday bonus. how much needs to be deposited
Ludmilka [50]

Given that: F (Future worth) = $2,500, i (nominal interest rate) = 0.12, compounded monthly = 12 months, years of investment = 1 year, and no. of employees = 20. Compute using the annuity formula: A=Fi/(((1+i)^n)-1). Calculating i = 0.12/12 = 0.01, since it is compounded monthly. Calculating n (total number of compounding) = 1 x 12 = 12, since year of investment is equal to 1. Substituting F=2500, i=0.01 and n=12 to the annuity formula, you will get A=$197.12. Multiply by 20, you will get $3,942.44.

4 0
3 years ago
The recording of transactions and events is called:.
Vaselesa [24]
Record-keeping.

Explanation:

The definition of record keeping is keeping records, or units of preserved information. This information can also be kept in books, which brings us to another term; bookkeeping.
8 0
1 year ago
Market in which goods and services are bought and sold.
kykrilka [37]

Answer:

the correct answer is D, product market.

Explanation:

7 0
3 years ago
Discuss why customer relationship management systems help organizations achieve customer intimacy
kipiarov [429]
CRM frameworks coordinate and robotize client confronting forms in deals, advertising, and client benefit, giving an undertaking wide perspective of clients. Organizations can utilize this client learning when they cooperate with clients to furnish them with better administration or to offer new items and administrations. These frameworks likewise recognize productive or nonprofitable clients or chances to decrease the agitate rate. The significant client relationship administration programming bundles give capacities to both operational CRM and diagnostic CRM. They frequently incorporate modules for overseeing associations with offering accomplices and for worker relationship administration
4 0
3 years ago
Great Lakes Steel Supply is losing significant market share and thus its managers have decided to decrease the firm's annual div
Colt1911 [192]

Answer:

There's an error in the numbers for this question; I found the correct one and pasted it below;

"Great Lakes Steel Supply is losing significant market share and thus its managers have decided to decrease the firm's annual dividend. The last annual dividend was $1.30 per share but all future dividends will be decreased by 2.75 percent annually. What is a share of this stock worth today at a required return of 15.5 percent? "

Explanation:

Use dividend discount model (DDM) to calculate the stock price

P0 = \frac{D0(1+g)}{r-g}

whereby,

P0 = Current price

D0 = Last dividend paid = 130

g = growth rate = -275% or -2.75 as a decimal

r = required return = 155% or 1.55 as a decimal

Next, plug in the numbers to the DDM formula above;

P0 = \frac{1.30(1-0.0275)}{0.155 + 0.0275} \\ \\ = \frac{1.2643}{0.1825} \\ \\ =6.9277

Therefore this stock is worth $6.93

6 0
3 years ago
Other questions:
  • Karl’s Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and vari
    14·1 answer
  • ShipCo. produces storage crates that require 1.2 meters of material at $.85 per meter and 0.1 direct labor hours at $15.00 per h
    7·2 answers
  • If a firm has high current and quick ratios, this always is a good indication that a firm is managing its liquidity position wel
    7·1 answer
  • Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contrib
    15·1 answer
  • If investors sell their stocks and increase their money holdings due to a bad economy then is the demand or supply affected?
    5·1 answer
  • The ________ is the fraction of earnings reinvested in the firm.
    14·1 answer
  • Trade promotions are sales promotion activities that are targeted for manufacturers, wholesalers, and retailers.
    14·1 answer
  • Kathy quit her job as a financial advisor
    13·1 answer
  • The table below shows the weekly marginal cost (MC) and average total cost (ATC) for Buddies, a perfectly competitive firm that
    12·1 answer
  • In 1945, $10,000 bills were discontinued for public use by the Board of Governors of the Federal Reserve System. True False
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!