Ace Business Forms Month Current Assets Fixed Assets Total Assets January P125,000 P250,000 P375,000 February 130,000 250,000 380,000 March 135,000 250,000 385,000 April 150,000 250,000 400,000 May 150,000 250,000 400,000 June 125,000 250,000 375,000 July 115,000 250,000 365,000 August 120,000 250,000 370,000 September 115,000 250,000 370,000 October 100,000 250,000 350,000 November 110,000 250,000 360,000 December 115,000 250,000 365,000 Ace Business Forms has compiled several factors relative to its financing mix. The firm pays 8 percent on short-term funds and 10 percent on long-term funds. The firm’s monthly current, fixed and total asset requirements for the previous year are summarized in table above. Determine: a. the monthly average permanent funds requirement b. the monthly average seasonal funds requirement

Ace Business Forms Month Current Assets Fixed Assets Total Assets January P125,000 P250,000 P375,000 February 130,000 250,000 380,000 March 135,000 250,000 385,000 April 150,000 250,000 400,000 May 150,000 250,000 400,000 June 125,000 250,000 375,000 July 115,000 250,000 365,000 August 120,000 250,000 370,000 September 115,000 250,000 370,000 October 100,000 250,000 350,000 November 110,000 250,000 360,000 December 115,000 250,000 365,000 Ace Business Forms has compiled several factors relative to its financing mix. The firm pays 8 percent on short-term funds and 10 percent on long-term funds. The firm’s monthly current, fixed and total asset requirements for the previous year are summarized in table above. Determine: a. the monthly average permanent funds requirement b. the monthly average seasonal funds requirement

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.4.13P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...

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The following items were excerpted from Poeltl, Inc.'s balance sheets: December 31, 2023December 31, 2022Cash$86,300$59,000Accounts receivable65,60070,600Inventory157,000150.300Property and equipment794,500745,400Accumulated depreciation(184,000)(168,200)Accounts payable61,00050,600Wages payable20,40023,000 Poeltl's 2023 income statement showed net income of $463,000, depreciation expense of $57,000, and a gain on disposal of equipment of $16,000. On Poeltl's 2023 statement of cash flows, how much is Net Cash Provided by Operating Activities?
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Ace Business Forms
Month	Current Assets	Fixed Assets	Total Assets
January	P125,000	P250,000	P375,000
February	130,000	250,000	380,000
March	135,000	250,000	385,000
April	150,000	250,000	400,000
May	150,000	250,000	400,000
June	125,000	250,000	375,000
July	115,000	250,000	365,000
August	120,000	250,000	370,000
September	115,000	250,000	370,000
October	100,000	250,000	350,000
November	110,000	250,000	360,000
December	115,000	250,000	365,000