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Business, 03.09.2019 18:30 dbzrules02

Suppose your firm receives a $ 3.2 million order on the last day of the year. you fill the order with $ 1.7 million worth of inventory. the customer picks up the entire order the same day and pays $ 1.4 million upfront in cash; you also issue a bill for the customer to pay the remaining balance of $ 1.8 million in 30 days. suppose your firm's tax rate is 0.0 % (i. e., ignore taxes). determine the consequences of this transaction for each of the following: a. revenues b. earnings c. receivables d. inventory e. cash

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Suppose your firm receives a $ 3.2 million order on the last day of the year. you fill the order wit...
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