University Of South Florida Operations And Supply Chain Management Assignment Help - Multiple choice
Question - 1. A firm has forecasted sales $3,000, in April $4,500 in May and $6,500 in June. All sales are on
credit 30% is collected the month of sale and the reminder the following month. What will be balance
in account receivable at the beginning of the July?
a. $1,950
b. $6,500
c. $4,550
d. $5,100
2. Frisch Fish Corp. expected net income next year to be $600,000. inventory and accounts
receivable will have to be increased by $300,000 to accommodate this sales level. Frisch will pay
dividends of $400,000. how much external financing will Frisch Fish need assuming no organically
generated increase liability?
a. no external financing is required.
b. $100,000
c. $200,000
d. $300,000
3. Samuelson will produce the 20,000 units using level
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