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123isme 123isme
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3 years ago
The Gadget Company manufactures a wrist watch for spy agencies. The watch has a built-in cell phone, Geiger counter, compass, magnet and garroting wire. Sales are expected to commence in February and remain level at 10,000 units per month. The watch sells for $2 per unit. Gadget expects all of its sales to be on credit, and will collect half of its accounts in the month after the sale and the other half two months after the sale. What are total cash inflows in April?

Sales and Collections Forecast
The Gadget Company
​JanuaryFebruaryMarchApril
Sales Forecast$0$20,000$20,000$20,000
Collections from last month​​​​
Collections from 2 months ago​​​​
Total Cash Inflows​​​ 


▸ $0

▸ $9,800

▸ $10,000

▸ $20,000

▸ $23,700
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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stay_coldstay_cold
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3 years ago
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123isme Author
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3 years ago
Thanks
DaiwalkerX
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Yesterday
Thank you, thank you, thank you!
Turboturner
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2 hours ago
You make an excellent tutor!
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