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Business, 14.02.2020 02:06 335716hdjsngrhrs

Suppose your firm receives a $5 million order on the last day of the year. You fill the order with $2 million worth of inventory. The customer picks up the entire order the same day and pays $1 million up front in cash: you also issue a bill for the customer to pay the remaining balance of $4 million within 40 days. Suppose your firm's tax rate is 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 $5 million order on the last day of the year. You fill the order with $...
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