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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
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 will be paid in cash, another 30% will be paid after one month and the remining 40% will be paid after two months. Additiona company will receive 61 BD in dividends in July, and 111 BD from the sale of stocks in May. Based on the information given 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 A
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