Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.

Get a Professional Answer

Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.

100% Satisfaction Guarantee

Rate the answer you receive.

Ask Milan Vaishnav Your Own Question

Milan Vaishnav, Financial Advisor

Category: Finance

Satisfied Customers: 972

Experience: Technical Analyst in Financial Markets -- Experience of more than 10 years in consulting

17158941

Type Your Finance Question Here...

Milan Vaishnav is online now

Current assets less current liabilities

This answer was rated:

★★★★★

1. Current assets less current liabilities equal

a. net working capital
b. quick ratio
c. current ratio
d. profit ratio

2. A company collects 70% of its sales during the month of the sale, 20% one month after the sale, and 10% 2 months after the sale. The compnay expects sales of $10,000 in Aug., $20,000 in Sept., $30,000 in Oct., and $40,000 in Nov. How much money is expected to be collected in Oct.?

a. 21000
b. 25000
c. 26000
d. 28000

3. You are considering the purchase of a company's perpetual preferred stock, which pays a perpetual annual dividend of $8 per share. If the appropriate discount rate for the investment is 14%, what is the price of one share of this stock?

a. net working capital b. quick ratio c. current ratio d. profit ratio

2. A company collects 70% of its sales during the month of the sale, 20% one month after the sale, and 10% 2 months after the sale. The compnay expects sales of $10,000 in Aug., $20,000 in Sept., $30,000 in Oct., and $40,000 in Nov. How much money is expected to be collected in Oct.?

a. 21000 b. 25000 c. 26000 d. 28000

3. You are considering the purchase of a company's perpetual preferred stock, which pays a perpetual annual dividend of $8 per share. If the appropriate discount rate for the investment is 14%, what is the price of one share of this stock?

a. 7.02 b. 36.43 c. 57.14 d. 80

I hope the above helps...

Regards...

Milan Vaishnav and other Finance Specialists are ready to help you