Recent Posts • Latest Topics • Unanswered Questions

Windy City Kite Company has prepared sales forecasts for the first quarter of Year 3 as shown in the ...

Furkan

wrote...

Go to Answer

Posts: 96

Rep:

3 years ago

Windy City Kite Company has prepared sales forecasts for the first quarter of Year 3 as shown in the ...

Windy City Kite Company has prepared sales forecasts for the first quarter of Year 3 as shown in the top row of the table. Half of Windy City's kite sales are cash and the other half are credit. Windy City collects credit sales the month following the credit sale. What are Windy City's ending accounts receivable in February?

Windy City Kite Company

Sales Forecast and Collections Forecast

	December	January	February
Sales Forecast	$1,100	$1,000	$2,000
Cash Collections
Collections from Sales last month
Total Cash Inflows

Beginning accounts receivable		550	500
Ending accounts receivable		$500

▸ $500

▸ $1,000

▸ $1,250

▸ $1,500

▸ $2,500

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

Read 122 times

1 Reply

Report

Replies

Answer verified by a subject expert

big_larry_samp

wrote...

Posts: 80

Rep:

3 years ago

More solutions for this book are available here

Report

Related Topics

Furkan Author

wrote...

3 years ago

Thanks

Ifekwunigwe

wrote...

Yesterday

Good timing, thanks!

taydav

wrote...

2 hours ago

Correct

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1634 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

949

170

2428

Your Opinion

Previous poll results: What percentage of nature vs. nurture dictates human intelligence?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Courses by Biology Forums

It's sore throat season, why does my mucus have red spots?

Bonobos, Chimpanzees, and the 98% DNA Link

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.