Net income, currents assets and current liabilities for 2020 are expected to vary with sales. The projected sales in 2020 is ₱210M. The company plans to pay ₱0.05 cash dividends per share in 2020. How much is the projected current assets in 2020? ₱73,000,000 ₱71,000,000 ₱73,500,000 ₱70,000,000
Net income, currents assets and current liabilities for 2020 are expected to vary with sales. The projected sales in 2020 is ₱210M. The company plans to pay ₱0.05 cash dividends per share in 2020. How much is the projected current assets in 2020? ₱73,000,000 ₱71,000,000 ₱73,500,000 ₱70,000,000
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 8EA: Using the following select financial statement information from Black Water Industries, compute the...
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Net income, currents assets and current liabilities for 2020 are expected to vary with sales. The projected sales in 2020 is ₱210M. The company plans to pay ₱0.05 cash dividends per share in 2020.
How much is the projected current assets in 2020?
-
₱73,000,000
-
₱71,000,000
-
₱73,500,000
-
₱70,000,000
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