Business, 23.11.2019 05:31 carterhoward

Lakeside components wishes to purchase parts in one month for sale in the next. on june 1, the company has 11,000 parts in stock, although sales for june are estimated to total 11,000 parts. total sales of parts are expected to be 12,000 in july and 15,000 in august.
parts are purchased at a wholesale price of $20. the supplier has a financing arrangement by which lakeside components pays 60 percent of the purchase price in the month when the parts are delivered and 40 percent in the following month. lakeside purchased 14,000 parts in may.
required:
a. estimate purchases (in units) for june and july.
b. estimate the cash required to make purchases in june and july.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 02:00

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

Answers: 2

Answer

Business, 22.06.2019 03:00

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.

Answers: 1

Answer

Business, 22.06.2019 08:00

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Answers: 3

Answer

Business, 22.06.2019 10:00

What is the difference between an "i" statement and a "you" statement? a. the "i" statement is non-confrontational b. the "you" statement is non-confrontational c. the "i" statement is argumentative d. the "you" statement is neutral in tone select the best answer from the choices provided

Answers: 1

Answer

You know the right answer?

Lakeside components wishes to purchase parts in one month for sale in the next. on june 1, the compa...

Questions

Business, 10.02.2021 21:20

Free brainliest to first responder...