Question
In: Finance
Cool Water, Inc. sells bottled water. The firm keeps in inventory plastic bottles at 12% of...
Cool Water, Inc. sells bottled water. The firm keeps in inventory plastic bottles at 12% of the monthly projected sales. These plastic bottles cost $0.004 each. The monthly sales for the first four months of the coming year are as follows:
January: 1,900,000
February: 2,200,000
March: 2,700,000
April: 3,100,000
What is the monthly increase or decrease in cash flow for inventory given that an increase is a use of cash and a decrease is a source of cash? Note: Enter a decrease as a negative number.
A) What is the change in working capital for January?
B) What is the change in working capital for February?
C) What is the change in working capital for March
Solutions
jeff jeffy answered 1 year agoRelated Solutions
A firm produces plastic water bottles according to the production function ? = ?(?,?) = ?...
A firm produces plastic water bottles according to the
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Fixed manufacturing costs $900
Fixed marketing costs $500
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water contained in 1-gallon bottles purchased from a nationally
known water bottling company. The water bottling company's
specifications state that the standard deviation of the amount of
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isselected, and the sample mean amount of water per 1-gallon
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A bottled water distributor wants to estimate the amount of water contained in 1-gallon bottles purchased...
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water contained in 1-gallon bottles purchased from a nationally
known water bottling company. The water bottling company's
specifications state that the standard deviation of the amount of
water is equal to 0.02 gallon. A random sample of 50 bottles is
selected, and the sample mean amount of water per 1-gallon bottle
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