Question
Sales $7,300 Gross profit margin 40.00% Net profit margin 8.00% Accounts receivable days 30 Inventory days 60 PPE turnover 2.0 Forecast the following: Cost of
Sales $7,300
Gross profit margin 40.00%
Net profit margin 8.00%
Accounts receivable days 30
Inventory days 60
PPE turnover 2.0
Forecast the following:
Cost of goods sold
Net income
Accounts receivable
Inventory
PP&E
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
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