In a company presentation, you are informed about the following: Cash burn is $785,000 Cash build is $650,000 Cash balance on the balance sheet is $400,000. How many months is it until the company runs out of cash?
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- A company’s beginning Cash balance was $8,000. At the end of the period, the balancewas $6,000. If total cash paid out during the period was $28,000, the amount of cashreceipts wasa. $34,000.b. $30,000.c. $26,000.d. $36,000.Imagine you are the finance manager of Al Mohsin Company. The company management feels that the cash management of the company should be made more effective. The following information from the company’s records is available to you: Miscellaneous Month Sales Purchase Wages expenses February 40,000 20,000 7,000 1,000 March 55,000 14,000 8,000 3,000 April 60,000 28,000 9,000 2,000 May 74,000 30,000 9,000 2,000 June 90,000 32,000 8,800 3,500 Additional Information Al Mohsin LLC expects to have RO 8,000 cash balance at the beginning of April. Period of credit allowed by suppliers – 2 months 40% of the total sale is for cash. Half of the credit sale is collected in the next month of sale and the remaining half in the following month after that. Delay in payment of wages 1/4 month Delay in payment of expenses 1/2 month Income tax to be paid in the month of June RO 1,500. You are required to :…Required: Solutions and explanation The beginning cash balance of Arizona Corp. is P700,000. It foresees the following cashflows for the month: (A) Collections from customers - P1,000,000, (B) Payments to suppliers - P550,000, (C) Other operating cash expenses - P50,000, (D) Payments to creditors - P50,000 and (E) collection of a receivable from an officer - P80,000. If Arizona needs to have a month-end balance of P1,000,000, how much should it borrow or (invest)? * (P130,000) P110,000 (P110,000) P130,000
- During the current fiscal year, the L Corp. has added $6,000 to inventories. The net income is $10,000, but the cash has only risen by $4,000. The CEO comes to to you in a rage and demands that you clarify how the firm might have generated $10,000 as there is only $4,000 in the bank.In the month of October, a firm had total cash receipts of P50,000, total cash disbursements of P40,000, depreciation expense of P5,000, a minimum cash balance of P15,000, and a beginning cash balance of P2,500. The ending cash balance for October beforeacquiring financing amounted to:a. P27,500 c. P17,500b. P7,500 d. P12,500Imagine you are the finance manager of Al Mohsin Company. The company management feels that the cash management of the company should be made more effective. The following information from the company’s records is available to you: Additional Information Miscellaneous Month Sales Purchase Wages expenses February 40,000 20,000 7,000 1,000 March 55,000 14,000 8,000 3,000 April 60,000 28,000 9,000 2,000 May 74,000 30,000 9,000 2,000 June 90,000 32,000 8,800 3,500 Al Mohsin LLC expects to have RO 8,000 cash balance at the beginning of April. Period of credit allowed by suppliers – 2 months 40% of the total sale is for cash. Half of the credit sale is collected in the next month of sale and the remaining half in the following month after that. Delay in payment of wages 1/4 month Delay in payment of expenses 1/2 month Income tax to be paid in the month of June RO 1,500. You are required to :…
- Complete your calculations by filling in the highlighted cells. Discuss your observations about the way cash is collected if the company needs $150,000 per month for expenses.At the end of the previous year, a company’s balance sheet reports cash of $30,000. For the current year, the company’s statement of cash flows reports operating cash inflows of $90,000; investing outflows of $110,000; and financing inflows of $40,000. What amount of cash will be reported in the current year’s balance sheet? a. $90,000.b. $20,000.c. $50,000.d. $120,000.2. American Products is concerned about managing cash efficiently. On the average, inventories have an age of 90 days, and accounts receivable are collected in 60 days. Accounts payable are paid approximately 30 days after they arise. The firm has annual sales of about $30 million. Assume there is no difference in the investment per dollar of sales in inventory, receivables, and payables and that there is a 365-day year. a. Calculate the firm’s operating cycle. b. Calculate the firm’s cash conversion cycle. Pls provide solutions
- Cash to Monthly Cash Expenses Ratio El Dorado Inc. has monthly cash expenses of $ $42,000. On December 31, the cash balance is $294,000. a. Compute the ratio of cash to monthly cash expenses.fill in the blank 1 months b. At the current rate of operations, El Dorado has a specific number of months of cash remaining. El Dorado should:Begin planning on selling assets in order to remain in business.During the month, Warwick Co. recived $515,000 in cash and paid out $375,000 in cash. b. if the balance of the cash account is $200,000 at the end of the month, what was the balance at the beginning of the month?Directions: Read and analyze the problem below then do the following requirements. Assuming, you owned a sari-sari store and had a beginning cash amounting of P50, 000 and the following transactions occurred during the month. Purchase of goods. Paid in cash. 100, 000 Sales of goods. Received cash. 150,000 Paid utilities 30,000 Paid rent 10,000 Sold equipment for cash 100, 000 Owner withdraws investment 10, 000 Required: Compute for your net cash flow generated/used in operating activities. Compute for your net cash flow generated/used in investing activities. Compute for your net cash flow used in financing activities. Prepare a cash flows statement using direct method.