Year Average Inventory $29,000 Accounts Receivable 23,000 Accounts Payable 11,000 Credit Sales = $180,000 COGS = $135,000 How many days are in the operating cycle?
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- Cost of goods sold = 100,000 Merch at Beginning = 50,000Merch at End = 45,000 Acct Payable Beginning = 30,000Acct Payable End = 40,000 What is Cash paid for merch this year?Firm B has accounts receivable of $5,000,000 and annual sales of $9,000,000. What is the firm's days sales outstanding (DSO)? Assume a 365-day year.Given an annual credit sales value of 365 million; accounts receivable beg. 36.5 million, cost of goods sold of 240 million, and beginning inventory of 20 million, how long is the average colelction period? (assume 365 days in a year) a. 30 days b. 55.5 days c. 36.5 days d. 10 days
- Given an annual credit sales value of 365 million; accounts receivable beg. 36.5 million, cost of goods sold of 240 million, and beginning inventory of 20 million, how long is the average colelction period? (assume 365 days in a year)PT AWOL has sales projections (in million rupiahs) for the following four quarters: Q1 Q2 Q3 Q4 Q1* Sales 410 395 440 500 500(1+80%) Account receivables at the beginning of this year were IDR 150 million. PT AWOL has an average collection period of 45 days. PT AWOL purchases from suppliers on each quarter are 40% of the estimated sales of the next quarter, and the average account payable period is 30 days. Salaries, taxes, and other expenses for each quarter are 30% of sales. The dividend is IDR 20 million, paid quarterly. PT AWOL plans a capital expenditure in the second quarter of IDR 150 million. The company has an initial cash balance of Rp. 85 million with a minimum balance of Rp. 85 million. Assume that the company must borrow the funds needed in the short term at an interest rate of 5% per quarter and the interest is paid in the following quarter. Prepare a cash budget for PT AWOL! (Assuming 1 quarter = 90 days)Need the solution within an hour Working Capital is $900,000; Trade Payables $90,000 and other current liabilities are $210,000. Circulate Current Ratio.
- Sales revenue $11,250,000 Variable expenses $6,250,000 Fixed expenses $2,500,000 Total expenses $8,750,000 Operating income $2,500,000 If sales increase by 5%, what will the new operating income be?CLTV Section A company secured a contract that will result in income payments received of $280,000 today, $400,000 in 2 years and $600,000 in 5 years (these are single or lump sum payments they get). The expenses or outflows will include payments of $10,000 at the beginning of every month for 6 years and a one-time payment (expense) of $50,000 in one year from today. If the cost of money is 17% compounded annually, determine the Net Present Value (NPV) of the contract. a)What is the PV of the inflows? b) What is the PV of the outflows? c) What is the Net Present Value (NPV)?The cost of product X is 30 percent of its selling price, and the carrying cost is 8 percent of selling price. Accounts are paid on average 60 days after sale. Sales per month average P25,000. What is the investment in accounts receivable? choose the letter of the correct answera. P8,000.00b. P9,000.00c. P19,000.00d. P29,000.00e. P39,000.00
- Total interest expended will be: a. OMR 50,400,000 b. OMR 45,000,000 c. OMR 55,000,000 d. OMR 45,400,000 Total of non-interest expenses during the year was: a. OMR 9,660,000 b. OMR 8,680,000 c. OMR 16,860,000 d. OMR 16,680,000Currently, Atlas Tours has $5.4 million in assets. This is a peak six-month period. During the other six months temporary current assets drop to $400,000 (for computation purposes still consider these temporary current assets). Temporary current assets $1,200,000 Permanent current assets 1,800,000 Capital assets 2,400,000 Total assets $5,400,000 Short-term rates are 4 percent. Long-term rates are 5 percent. Annual earnings before interest and taxes are $1,080,000. The tax rate is 38 percent. a. If the assets are perfectly hedged throughout the year, what will earnings after taxes be? (Enter answers in whole dollar, not in million.)Currently, Atlas Tours has $5.4 million in assets. This is a peak six-month period. During the other six months temporary current assets drop to $400,000 (for computation purposes still consider these temporary current assets). Temporary current assets $1,200,000 Permanent current assets 1,800,000 Capital assets 2,400,000 Total assets $5,400,000 Short-term rates are 4 percent. Long-term rates are 5 percent. Annual earnings before interest and taxes are $1,080,000. The tax rate is 38 percent. a. If the assets are perfectly hedged throughout the year, what will earnings after taxes be? (Enter answers in whole dollar, not in million.) Earnings after taxes $ b. If short-term interest rates increase to 5 percent when assets are at their lowest level, what will earnings after taxes be? For an example of perfectly hedged plans, see Figure 6–8 (Enter answers in whole dollar, not in million.) Earnings after…