Question: final answer QUESTION 17 A company forecasts that the following sales: 274 BD in May, 247 BD in June and 326 BD in July, Sales
QUESTION 17 A company forecasts that the following sales: 274 BD in May, 247 BD in June and 326 BD in July, Sales will be paid in three parts, 30% will be paid in cash, another 30% will be paid after one month and the remining 40% will be paid after two months. Additionally, the company will receive 61 BD in dividends in July, and 111 BD from the sale of stocks in May. Based on the information given what is the anticipated total cash receipts for the month of July? QUESTION 18 If Argos' financial statements indicate that Net Income 3,325, ROE is 30% and the Equity Multiplier is 1.22, calculate their Assets QUESTION 19 A company has a Return on Equity of 0.27, a Profit Margin of 0.19 and Total Asset Turnover of 0.41. Using this information calculate the Equity Multiplier
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