The following table includes quarterly working capital levels for your firm for the next year.
Quarters
?($000)????????
1
2
3
4
Cash
104
104
104
104
Accounts Receivable
198
97
106
If you choose to enter the year with $397,000 total in cash and maintain a minimum cash balance of $104,000?, what is your maximum?short-term borrowing? This is the answer but I need someone to show me how to calculate this in excel. I need details for how the "cash at the beginning of the qrt" was calculated.
You must find the total working capital for each quarter and then subtract the permanent working? capital, which is the smallest working capital of the four quarters. This will give you the temporary working capital for each quarter.
The temporary working capital for each quarter are shown? below:
($000)
Q1
Q2
Q3
Q4
Cash
$
104
$
104
$
104
$
104
Accounts receivable
198
97
106
610
Inventory
205
504
908
53
Accounts payable
110
103
99
105
NWC
$
397
$
602
$
1,019
$
662
- Permanent WC needs
(397)
(397)
(397)
(397)
Temporary WC needs
$
0
$
205
$
622
$
265
?Below, we determine the maximum amount of? short-term borrowing needed if the firm enters the year with $397,000 in cash.
($000)
Q1
Q2
Q3
Q4
Cash at beginning of quarter
$
397
$
397
$
192
$
104
Minimum cash balance
104
104
104
104
Temporary working capital needs
0
205
622
265
Change in NWC
205
417
(357)
Financing
Starting available excess cash
$
293
$
293
$
88
$
0
- Increase (decrease) in NWC
0
205
417
(357)
+ Increase (decrease) ST Debt
0
0
329
(329)
= Ending excess cash
$
293
$
88
$
0
$
28
Ending total cash balance
397
192
104
132
Total short term borrowing
0
0
329
0
Answers
The maximum short-term borrowing needed if the firm enters the year with $397,000 total in cash and maintains a minimum cash balance of $104,000 is $534,000.
We can calculate the cash at the beginning of each quarter using the following formula:
Beginning cash = Ending cash + Short-term borrowing - Repayment
For Q1, the beginning cash is the same as the starting cash of $397,000.
For Q2, the beginning cash is:
Beginning cash = Ending cash (Q1) + Short-term borrowing (Q2) - Repayment (Q2)
= $104,000 + Short-term borrowing (Q2) - 0
= $397,000 + $205,000 - $104,000
= $498,000
For Q3, the beginning cash is:
Beginning cash = Ending cash (Q2) + Short-term borrowing (Q3) - Repayment (Q3)
= $192,000 + Short-term borrowing (Q3) - 0
= $498,000 + $329,000 - $192,000
= $635,000
Note that we have assumed that the firm will need to borrow $329,000 in Q3 to meet its temporary working capital needs.
For Q4, the beginning cash is:
Beginning cash = Ending cash (Q3) + Short-term borrowing (Q4) - Repayment (Q4)
= $104,000 + Short-term borrowing (Q4) - 0
= $635,000 + $0 - $104,000
= $531,000
Finally, we can calculate the total short-term borrowing needed by summing up the short-term borrowing for each quarter:
Total short-term borrowing = Short-term borrowing (Q2) + Short-term borrowing (Q3) + Short-term borrowing (Q4)
= $205,000 + $329,000 + $0
= $534,000.
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Related Questions
Analyse the impact impact of sexual harassment as an ethical misconduct on businesses
Answers
Sexual harassment's effects on businesses as an ethical breach It results in psychological stress and worry for those affected, and if left untreated, it can cost businesses a lot of money due to lost productivity.
In addition to crying, depression, memory issues, despondency, irritability, agitation, lack of interest, isolation, lack of confidence, and low self-esteem, victims of psychological harassment may also experience symptoms like fatigue, sleep disorders, stomach problems, loss of appetite, back pain, sweating, dizziness, tremors, and nausea.
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Choose the option that best matches the descriptions given.
Exchanging a good or service for money is called:
Answers
Exchanging a good or service for money is called Bartering .
What is Bartering ?A straightforward idea underlies bartering: Two parties bargain to assess the relative worth of their goods and services, then offer them to one another in an equal trade.
Bartering is a system of exchange in trade where parties engage in direct exchanges of one commodity or service for another without utilizing a means of exchange like money.
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Critical reading is a
a Theory
b. Process
C. Summarization strategy
d. None of these
Please select the best answer from the choices provided
A
В
C
D
Answers
Answer:C
Explanation:
Answer:
The correct answer for this question is B
The class trip is going to cost each of the fifty
students $130.00. If tax is 5%, what is the total
cost for the entire class?
Answers
Answer:
$6,825.00
Explanation:
50x$130=$6,500.00
$6,500 × 5% = $325.00
$325.+$6,500=6,825.00
Required-: JOURNAL ENTRY (ACCOUNT)
Paid Rs. 28,000 to Sansee stores in fullsettlement of Rs. 30,000 by cheque please help Me with this. I'm still confused in it.
Answers
- Hey there , ronisha!
Answer:
\( \large{ \tt{SEE \: THE \: ATTACHED \: PICTURE}}\)
\( \large{ \tt{E \: X \: P \: L \: A \: N \: A \: T \: I \: O \: N}} : \)
Full settlement generally means DISCOUNT ALLOWED. Firstly , Read out the question and try to understand. It says we purchased some stuffs of Rs 30000 from the sansee stores and we payed Rs 28000 in full settlement which implies that we received the discount of Rs 30000-28000 i.e Rs 2000. You must have known the rules for debit and credit. As we know In case of personal account , Debit : The receiver , We have sansee stores as the receiver so we placed it in debit side. Remember: When the question says that the cash is payed through cheque , you should always consider cheque as a bank. Now , In the case of personal account , Credit : The giver. Who's the giver? Of course , bank! So , we placed it in credit side. Now , In case of nominal account , Credit : the incomes or gains . The question says we received the discount so obviously it's not expenses. So, We placed discount received in credit side. You must have studied that Every debit should have equal credit. And we're done!- Hope this helps! Please let me know if you have any questions regarding my answer and also don't hesitate to reach out to me if you need any other help! :)
According to the video, what qualities do Psychiatrists need? Check all that apply.
persistence
leadership skills
knowledge of medicine
teamwork
knowledge of surgical techniques
empathy
communication skills
Answers
Answer: A, C, F, G
Explanation:
Answer:
A, E, & F
Explanation:
Picture below⬇️
Consider two mutually exclusive investment projects, each with MARR = 12%. The projects' cash flows are as shown in the table below:
N A B
1 -$17,500 -$15,900
1 $13,610 $13,210
2 $14,930 $13,720
3 $14,300 $13,500
On the basis of the NPW criterion, which alternative would be selected?
Answers
The two projects based on their net present worth (NPW) at the minimum attractive rate of return (MARR) of 12%, we can see that Project B has a higher NPW than Project A, so Project B would be selected.
To determine which investment project to choose using the net present worth (NPW) criterion, we need to calculate the present value of each project's cash flows at the given minimum attractive rate of return (MARR) of 12%.
Using a spreadsheet or financial calculator, we can calculate the NPW for each project:
For Project A:
NPW = -$17,500 + $13,610/(1+0.12)^1 + $14,930/(1+0.12)^2 + $14,300/(1+0.12)^3
NPW = -$17,500 + $11,976.61 + $11,970.45 + $10,504.73
NPW = $17.79
For Project B:
NPW = -$15,900 + $13,210/(1+0.12)^1 + $13,720/(1+0.12)^2 + $13,500/(1+0.12)^3
NPW = -$15,900 + $11,782.96 + $10,369.47 + $8,854.31
NPW = $14.74
Since the NPW for Project B is higher than that of Project A, Project B would be selected based on the NPW criterion.
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Jorge's soccer team is having its annual fundraiser. The team hopes to earn at least three times as much as it did last year. Last year the team earned $87. What is the team's goal for this year?
Answers
Answer:
131usd is the aswer
Explanation:
87*3=131usd
1.2.
State which environment unions are found in.
Answers
Other things remaining the same, if the cost of goods sold decreases, then:_______.
a. Inventory turnover ratio and weeks of supply will both go up.
b. Inventory turnover ratio and weeks of supply will both go down.
c. Inventory turnover ratio will go down, but the weeks of supply will go up.
d. Inventory turnover ratio will go up, but weeks of supply will go down.
e. Inventory turnover ratio will stay the same, but weeks of supply will go down
Answers
Other things remaining the same, if the cost of goods sold decreases, then the correct answer is: d. Inventory turnover ratio will go up, but weeks of supply will go down.
Here's the step-by-step explanation:
1. The cost of goods sold (COGS) is the total cost of producing or acquiring goods sold during a specific period. It includes the cost of materials, labor, and overhead expenses.
2. The inventory turnover ratio measures how efficiently a company manages its inventory by dividing the cost of goods sold by the average inventory. It indicates how quickly a company sells its inventory and replenishes it.
3. When the cost of goods sold decreases, it means that the company is selling goods at a lower cost or reducing the quantity sold.
4. As a result, the inventory turnover ratio will increase. This is because the cost of goods sold is in the numerator, and a decrease in COGS will lead to a higher ratio.
5. On the other hand, the weeks of supply measure how long a company's inventory will last based on the current rate of sales. It is calculated by dividing the average inventory by the cost of goods sold per week.
6. When the cost of goods sold decreases, the denominator in the weeks of supply calculation decreases. As a result, the weeks of supply will go down.
In conclusion, when the cost of goods sold decreases, the inventory turnover ratio will go up because the company is selling goods more efficiently. However, the weeks of supply will go down because the inventory is being depleted at a faster rate.
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What is the woman in white being pressured to do at the beginning of the film?
Answers
Marry At the opening of the movie, the woman in white being pressured is Dr. Bates.
Lemuel Gulliver, a surgeon and sea captain who travels to distant parts of the world, tells the story of four adventures in Gulliver's Travels, a first-person narrative. The major antagonist of the 2010 fantasy adventure comedy film Gulliver's Travels, which is based on the 18th-century novel of the same name by Jonathan Swift, is General Edward Edwardian (also known as General Edward or Edward). The Brobdingnagians are enormous; on average, they stand 60 feet tall, and their lands and creatures are as enormous. Due to Gulliver's extreme vulnerability in this society, it becomes reasonable that the satire progressively focuses on the brittleness (and grotesqueness) of the human body.
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Any two feature of business
Answers
Answer:
buying and selling ,profit motive
1. what you have noticed on the posted materials in
What manner did the advertisers promote their producter?
Answers
Answer:
Explanation:
Advertising is the lure that draws new customers to your business or product. Small businesses utilize several options to advertise a product or service. ... that receive heavy traffic is one way to get the word out about your business. ... venue with a stamp that bears your company logo; the attendees will then have your logo ...
Hammers, screwdrivers, drills, and saws are _____ a construction worker uses.
-tasks
-skills
-tools
-qualifications
Answers
Answer:
are a - tool - construction workers use
Which of the following is most likely to be addressed as “Dr.”?
A. A school superintendent
B. A successful artist
C. A playwright
D. A sound technician
Answers
Answer:
A
Explanation:
That is most likely but it is steriotypical
Which questions would be appropriate to ask when defining a target audience
Answers
Answer: 20 Targeting Questions To Understand Your Target Audience
What demographic are you targeting?Where does your target audience live?What industry does your target audience work in?What hobbies does your target audience have?How does your target market think?How does your target audience communicate?What challenges does your target audience experience?Who makes the purchasing decision?What motivates the decision-maker to make a purchase?Were they buying from a competitor in the past?What are your target audience's fears?What do they most care about?Who does the decision-maker go to when they need advice?In what ways does the product or service you sell make your audience's life better or easier?What does your ideal customer enjoy doing in their spare time?What websites do they frequent online?What types of content do they most enjoy online?Where does your ideal customer go when they want to make a purchase?What causes do they support?What stores do they like to shop at?Explanation:
Targeting questions are questions intended to help a business and its marketing team better understand the targeted market. By asking targeting questions and defining your audience, you can customize your marketing messaging to better reach those individuals and increase the likelihood that they will take the desired action. When promoting any product or service, it's important to understand your ideal customer fully. By identifying their key characteristics, motivations, and other differentiators, you can create more tailored messaging and target them more effectively online. Reviewing a list of targeted questions can help you develop a complete profile for your ideal customers and improve your marketing strategies. In this article, we discuss what targeting questions are and provide a list of targeted questions you can use within your own business.
Hope it helped! :)
If you were a manager, which management style do you think you would use most often?
Explain why. (1-3 sentences. 3.0 points)
Answers
Answer:
Participative management style.
Explanation:
It should be noted that the participative management style is a management style that requires the cooperation of personnel.
It is essential as it aims to build commitment as well as develop initiatives within work teams.
Which of the following is true if you are making all of your payments ON TIME? A. You will have many payments, and your credit score will drop. B. You will only have a few payments, and your credit score will remain the same. C. You will have many payments, and your credit score will rise. D. You will only have a few payments, and your credit score will drop.
Answers
Answer:
d. You will only have a few payments, and your credit score will drop.
Explanation:
What is the best advice to keep in mind as you grow your business?
Answers
Answer:
Be smart and watch out for snakes
Which descriptions offer examples of Management workers? Check all that apply. Roger sells a company’s product to customers. Arthur supervises a small department of Administrative workers. Bridget documents a company’s financial activities and creates reports. Whitney oversees others, makes decisions, and runs a company.
Answers
Answer:
The answer is B&D
Answer:
b & d
Explanation: got it wrong the first time and this is the right answer lol
State two reasons why people work
Answers
Answer:
earn money, make a change, fulfill their dreams
Explanation:
Money isn't the only reason why people work it's also for independence and have more control over their own life.
Explanation:
when you work you are also getting more skills and making more friends with people you have meet in you'r job.
If credit can be extended, then some
risk can be eliminated.
operational
compliance
strategic
financial
Answers
Answer:
financial
Explanation:
It talks about credit its financial.
When you are in the good to excellent credit score range, you are likely going to get a better interest rate.
True
False
Answers
Answer:
True
Explanation:
Market failures A. prevent the price system from attaining economic efficiency. B. are usually caused by government interference in the economy. C. encourage people to purchase more of a good than they really want. D. encourage businesses to produce more of a good than they really want to.
Answers
Answer:
A
Explanation:
Market failure is the economic situation defined by an inefficient distribution of goods and services in the free market.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Maaemo is a Canadian producer of high quality athletic wear. Its products are marketed to men, women, and teens who strive to maintain a healthy and active lifestyle and who are passionate about environmental stewardship, human rights, and women empowerment. Maaemo, which is Finnish for Mother Nature, was conceptualized by Jennifer Ryan, a young entrepreneur who experienced difficulty finding high quality athletic wear that was produced utilizing supply chains that support these values which are highly important to her. She decided to put her business acumen to work and began manufacturing products for herself, friends and family. As her business grew, Jennifer hired sales and marketing staff and worked with local manufacturers to mass producing the athletic wear. Sales took off nearly immediately. Jennifer primarily sells her products online through social media platforms. Throughout the past twelve months, sales have increased by more than 250%. Maaemo is selling its products throughout North and Central America and Europe and hopes to expand to additional markets. Maaemo generated more than $7 million CAD in sales throughout 2020. Based on sales forecasts, rapid growth is projected to continue, and she anticipates $12 million in sales in 2021. Jennifer's current suppliers have reached their maximum output capacity and are unable to keep up with increased demand. If she wishes to capitalize on the sales potential, Jennifer will need to seek new sources for raw materials and manufacturing. However, she will only do so if she is able to build supply chains which reflect Maaemo's core values. She has done extensive research and has narrowed her search down to six countries to which she is considering outsourcing production: Brazil, Italy, Mexico, Sweden, Turkey, or Panama. You have been hired by Jennifer as a Business Development Consultant to assist with this important decision. You have been called upon to evaluate the Economic, Political, Infrastructure, and Competence dimensions of each of the countries under consideration and to make a final recommendation to assist Jennifer decide which country would be the optimal for Maaemo's expansion opportunity.
Answers
Considering Maaemo's core values, dedication to environmental stewardship, human rights, and ladies' empowerment, Sweden and Italy stand out as capability options. Both nations have sturdy political stability, skilled workforces, and a focus on sustainability. Italy, specifically famed for its fabric enterprise, may provide a stable supply chain for Maaemo's great athletic put on
Here's an evaluation of the six international locations under consideration:
Brazil:
Economic: Brazil has a massive and numerous economy, but it additionally faces economic demanding situations which include high inflation fees and profits inequality.Political: The country has a history of political instability and paperwork, which could affect the benefit of doing enterprise.Infrastructure: Brazil has properly developed infrastructure in urban areas, but transportation and logistics can be tough in sure areas.Competence: Brazil has a skilled body of workers, particularly within the fabric industry.Italy:
Economic: Italy has a sturdy manufacturing sector and is known for its exceptional textiles and style industry.Political: The us of has a stable political environment and is a member of the European Union, offering change benefits.Infrastructure: Italy has the current infrastructure and nicely established delivery chains.Competence: Italy has an extended-status subculture of craftsmanship and information in textile production.Mexico:
Economic: Mexico has a developing economy and is a main participant in the global fabric and garb enterprise.Political: Mexico has stable political establishments and has signed numerous loose exchange agreements, presenting favorable trade conditions.Infrastructure: Mexico has a properly-developed production infrastructure and transportation networks.Competence: Mexico has a professional body of workers, specifically inside the textile and garment production sectors.Sweden:
Economic: Sweden has a sturdy and stable economic system with a focus on sustainability and innovation.Political: Sweden is thought for its political balance, strong governance, and admiration for human rights.Infrastructure: Sweden has the current infrastructure and well-evolved logistics networks.Competence: Sweden has a quite skilled body of workers and is identified for its dedication to environmental sustainability.Turkey:
Economic: Turkey has various economic systems and is a major participant in the fabric and garb industry.Political: Turkey has a mixed political landscape, with some concerns regarding political stability and human rights.Infrastructure: Turkey has nicely hooked up production infrastructure and transportation networks.Competence: Turkey has a professional labor force and an extended history in fabric manufacturing.Panama:
Economic: Panama has a growing financial system with a focal point on services and worldwide trade.Political: Panama has a stable political environment and a favorable commercial enterprise climate.Infrastructure: Panama has the current infrastructure, which includes the Panama Canal, which facilitates alternatives.Competence: Panama has a growing fabric enterprise and gets the right of entry to professional labor from neighboring nations.Considering Maaemo's core values, commitment to environmental stewardship, human rights, and women empowerment, Sweden and Italy stand out as potential options. Both nations have robust political stability, skilled workforces, and a focal point on sustainability. Italy, in particular renowned for its textile industry, may additionally provide a strong delivery chain for Maaemo's super athletic wear.
Ultimately, the very last decision should be based totally on additional factors including value evaluation, unique sustainability practices, and logistical issues. It is usually recommended that Jennifer conducts similar studies, visits capability suppliers, and engages in discussions to determine the premier U. S . A . For Maaemo's growth possibility.
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Which of the following statements about perfect competition is correct?.
Answers
Answer:
products vary from seller to seller is the correct option.
write in brief about training
Answers
Answer:
Training is teaching, or developing in oneself or others, any skills and knowledge or fitness that relate to specific useful competencies. Training has specific goals of improving one's capability, capacity, productivity and performance.
Explanation:
Hope it helps you:))
In the fashion retail industry, Jennifer Hyman and Jennifer Fleiss were the first to use technology in such an innovative way. What is the best way to describe this entrepreneurial opportunity?
Answers
Answer:
Providing an existing product to an existing market in a new way
Explanation:
Jennifer Hyman and Jennifer Fleiss realised that there were some serious issues in the fashion industry. The younger group and women populace had the desire/demand to buy designers clothes but could not afford the same.
Moreover, the designers themselves wanted to reach this demographic audience. As these customers may face cash issues now but given the opportunity they were long life customers.
Therefore, Jennifer Hyman and Jennifer Fleiss came up with the idea to use technology in way that the could provide the existing products to the existing market in a cost effective way, thereby, enabling them to buy these designer made clothes.
Which statement regarding credit cards is true?
O Similar to a debit card, use of a credit card causes an immediate withdrawal from your linked bank account.
O Unlike a debit card, use of a credit card leads to a balance owed to the creditor that you must pay like a bill.
O similar to installment credit, a credit card requires you to pay a fixed monthly amount for use of the card.
OUnlike installment credit, a credit card must be secured by some form of physical collateral before using it.
Answers
Answer:
The second statement is true.
Explanation:
Unlike a debit card, which is linked to your bank account and causes an immediate withdrawal when you use it, a credit card allows you to borrow money from the credit card issuer to make purchases. This leads to a balance that you owe to the creditor, which you must pay back like a bill. The other statements are false. A credit card does not cause an immediate withdrawal from your bank account, and it does not require you to pay a fixed monthly amount or collateral to use it.
"Unlike a debit card, use of a credit card leads to a balance owed to the creditor that you must pay like a bill." This statement regarding credit cards is true. Option (b) is correct.
What do you mean by Withdrawal ?Withdrawal is the act of withdrawing something that has been granted or is in one's possession.
A credit card enables you to borrow money from the credit card provider in order to make purchases, as opposed to a debit card, which is connected to your bank account and results in an immediate withdrawal when you use it. As a result, you owe the creditor a balance that you must settle just like a bill. The other claims are untrue. A credit card can be used without immediate withdrawals from your bank account, a set monthly payment, or any kind of security deposit.
Therefore, Option (b) is correct. Unlike a debit card, use of a credit card leads to a balance owed to the creditor that you must pay like a bill.
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