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Suppose your firm receives a $ 5 . 0 2 million order on the last day of the year You fill the order with $
Suppose your firm receives a $ million order on the last day of the year You fill the order with $ million worth of inventory The customer picks up the entire order the same day and pays $ million front in cash, you also issue a bill for the customer to pay the remaining balance of $ million within days. Suppose your firm's tax rate is ie ignore taxes Determine, the consequences of this transaction for each of the following
a Revenues
d Inventory
b Earnings
e Cash
c Receivables
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