Questions
Item Prior year Current year Accounts payable 8,182.00 7,934.00 Accounts receivable 6,069.00 6,515.00 Accruals 1,006.00 1,348.00...

Item Prior year Current year
Accounts payable 8,182.00 7,934.00
Accounts receivable 6,069.00 6,515.00
Accruals 1,006.00 1,348.00
Cash ??? ???
Common Stock 11,399.00 11,474.00
COGS 12,747.00 18,143.00
Current portion long-term debt 4,958.00 4,954.00
Depreciation expense 2,500 2,830.00
Interest expense 733 417
Inventories 4,233.00 4,808.00
Long-term debt 14,999.00 13,878.00
Net fixed assets 50,074.00 54,846.00
Notes payable 4,341.00 9,877.00
Operating expenses (excl. depr.) 13,977 18,172
Retained earnings 28,378.00 29,936.00
Sales 35,119 47,697.00
Taxes 2,084 2,775

What is the firm's cash flow from financing?

In: Finance

Item Prior year Current year Accounts payable 8,182.00 7,934.00 Accounts receivable 6,069.00 6,515.00 Accruals 1,006.00 1,348.00...

Item Prior year Current year
Accounts payable 8,182.00 7,934.00
Accounts receivable 6,069.00 6,515.00
Accruals 1,006.00 1,348.00
Cash ??? ???
Common Stock 11,399.00 11,474.00
COGS 12,747.00 18,143.00
Current portion long-term debt 4,958.00 4,954.00
Depreciation expense 2,500 2,830.00
Interest expense 733 417
Inventories 4,233.00 4,808.00
Long-term debt 14,999.00 13,878.00
Net fixed assets 50,074.00 54,846.00
Notes payable 4,341.00 9,877.00
Operating expenses (excl. depr.) 13,977 18,172
Retained earnings 28,378.00 29,936.00
Sales 35,119 47,697.00
Taxes 2,084 2,775

What is the firm's total change in cash from the prior year to the current year?

In: Finance

Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500...

Category

Prior year

Current year

Accounts payable

41,400

45,000

Accounts receivable

115,200

122,400

Accruals

16,200

13,500

Additional paid in capital

200,000

216,660

Cash

???

???

Common Stock @ par value

37,600

42,000

COGS

131,400

178,480.00

Depreciation expense

21,600

23,731.00

Interest expense

16,200

16,751.00

Inventories

111,600

115,200

Long-term debt

135,000

137,821.00

Net fixed assets

376,128.00

399,600

Notes payable

59,400

64,800

Operating expenses (excl. depr.)

50,400

65,598.00

Retained earnings

122,400

136,800

Sales

255,600

335,829.00

Taxes

9,900

19,235.00

What is the current year's cash balance? Round to 0 decimal places

In: Finance

Category Prior Year Current Year Accounts payable 3,163.00 5,995.00 Accounts receivable 6,848.00 8,905.00 Accruals 5,712.00 6,134.00...

Category Prior Year Current Year
Accounts payable 3,163.00 5,995.00
Accounts receivable 6,848.00 8,905.00
Accruals 5,712.00 6,134.00
Additional paid in capital 20,329.00 13,508.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,048.00 18,479.00
Current portion long-term debt 500 500
Depreciation expense 998.00 1,017.00
Interest expense 1,283.00 1,152.00
Inventories 3,059.00 6,713.00
Long-term debt 16,606.00 22,146.00
Net fixed assets 75,301.00 74,269.00
Notes payable 4,048.00 6,512.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,591.00 34,308.00
Sales 46,360 45,170.00
Taxes 350 920

What is the firm's cash flow from financing?

Round to 0 decimal places

In: Finance

Chapter 9: Applying Excel Data Year 2 Quarter Year 3 Quarter 1 2 3 4 1...

Chapter 9: Applying Excel
Data Year 2 Quarter Year 3 Quarter
1 2 3 4 1 2
Budgeted unit sales 40,000 60,000 100,000 50,000 70,000 80,000
• Selling price per unit $8 per unit
• Accounts receivable, beginning balance $65,000
• Sales collected in the quarter sales are made 75%
• Sales collected in the quarter after sales are made 25%
• Desired ending finished goods inventory is 30% of the budgeted unit sales of the next quarter
• Finished goods inventory, beginning 12,000 units
• Raw materials required to produce one unit 5 pounds
• Desired ending inventory of raw materials is 10% of the next quarter's production needs
• Raw materials inventory, beginning 23,000 pounds
• Raw material costs $0.80 per pound
• Raw materials purchases are paid 60% in the quarter the purchases are made
and 40% in the quarter following purchase
• Accounts payable for raw materials, beginning balance $81,500
Enter a formula into each of the cells marked with a ? below
Review Problem: Budget Schedules
Construct the sales budget Year 2 Quarter Year 3 Quarter
1 2 3 4 1 2
Budgeted unit sales ? ? ? ? ? ?
Selling price per unit ? ? ? ? ? ?
Total sales ? ? ? ? ? ?
Construct the schedule of expected cash collections Year 2 Quarter
1 2 3 4 Year
Accounts receivable, beginning balance ? ?
First-quarter sales ? ? ?
Second-quarter sales ? ? ?
Third-quarter sales ? ? ?
Fourth-quarter sales ? ?
Total cash collections ? ? ? ? ?
Construct the production budget Year 2 Quarter Year 3 Quarter
1 2 3 4 Year 1 2
Budgeted unit sales ? ? ? ? ? ? ?
Add desired finished goods inventory ? ? ? ? ? ?
Total needs ? ? ? ? ? ?
Less beginning inventory ? ? ? ? ? ?
Required production ? ? ? ? ? ?
Construct the raw materials purchases budget Year 2 Quarter Year 3 Quarter
1 2 3 4 Year 1
Required production (units) ? ? ? ? ? ?
Raw materials required to produce one unit ? ? ? ? ? ?
Production needs (pounds) ? ? ? ? ? ?
Add desired ending inventory of raw materials (pounds) ? ? ? ? ?
Total needs (pounds) ? ? ? ? ?
Less beginning inventory of raw materials (pounds) ? ? ? ? ?
Raw materials to be purchased ? ? ? ? ?
Cost of raw materials per pound ? ? ? ? ?
Cost of raw materials to be purchased ? ? ? ? ?
Construct the schedule of expected cash payments Year 2 Quarter
1 2 3 4 Year
Accounts payable, beginning balance ? ?
First-quarter purchases ? ? ?
Second-quarter purchases ? ? ?
Third-quarter purchases ? ? ?
Fourth-quarter purchases ? ?
Total cash disbursements ? ? ? ? ?

Check your worksheet by changing the budgeted unit sales in Quarter 2 of Year 2 in cell C5 to 75,000 units. The total expected cash collections for the year should now be $2,085,000. If you do not get this answer, find the errors in your worksheet and correct them.

plz show the fomula for caculation

In: Accounting

A corporate treasurer sells $10 non-callable 5-year bonds. He sees an attractive 5-year Libor floater at...

A corporate treasurer sells $10 non-callable 5-year bonds. He sees an attractive 5-year Libor floater at L+25. The 5-year swap curve is TSY 5-year plus 20 bps. The treasurer executes an interest rate swap. What does he do? What is his position after the swap?

What is the 'asset' that the manager ends up with?

In: Finance

Athena, a 60-year-old woman, has noticed that her 85-year-old mother, Dorothy, is becoming increasingly isolated and...

Athena, a 60-year-old woman, has noticed that her 85-year-old mother, Dorothy, is becoming increasingly isolated and unhappy. Dorothy does not want to spend time with her friends and every time Athena visits, Dorothy seems to want to cut the visit short. Athena knows that Dorothy has experienced changes in her vision over the last 10 years. Dorothy complains to Athena that her peripheral vision seems limited and she is unable see very well in the dark. Her doctor tells her that she is developing macular degeneration, which will further affect her vision. Also, she is having a hard time hearing what people are saying, especially at social gatherings or a restaurant. Athena understands that the senses change with age and she believes that many of the changes experienced by her mother are common for her age. But Athena is concerned about her mother’s psychological state. She doesn’t really understand why her social behavior and emotional well-being have changed. Describe how sensory related changes that occur with aging can lead to changes in quality of life, including social behavior and emotional well-being, as has happened with Dorothy. Be sure to describe the impact of both hearing loss and loss of vision.

Bullet point with brief explanation is fine. Describe in relation to late adulthood

In: Psychology

Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500...

Category

Prior year

Current year

Accounts payable

41,400

45,000

Accounts receivable

115,200

122,400

Accruals

16,200

13,500

Additional paid in capital

200,000

216,660

Cash

???

???

Common Stock @ par value

37,600

42,000

COGS

131,400

172,399.00

Depreciation expense

21,600

22,198.00

Interest expense

16,200

16,520.00

Inventories

111,600

115,200

Long-term debt

135,000

139,799.00

Net fixed assets

376,264.00

399,600

Notes payable

59,400

64,800

Operating expenses (excl. depr.)

50,400

62,655.00

Retained earnings

122,400

136,800

Sales

255,600

336,548.00

Taxes

9,900

18,574.00

What is the firm's current year operating profit margin?

In: Finance

Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500...

Category

Prior year

Current year

Accounts payable

41,400

45,000

Accounts receivable

115,200

122,400

Accruals

16,200

13,500

Additional paid in capital

200,000

216,660

Cash

???

???

Common Stock @ par value

37,600

42,000

COGS

131,400

178,722.00

Depreciation expense

21,600

22,610.00

Interest expense

16,200

16,173.00

Inventories

111,600

115,200

Long-term debt

135,000

138,719.00

Net fixed assets

375,126.00

399,600

Notes payable

59,400

64,800

Operating expenses (excl. depr.)

50,400

69,866.00

Retained earnings

122,400

136,800

Sales

255,600

337,317.00

Taxes

9,900

18,792.00

What is the current year's cash balance?

In: Finance

Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500...

Category

Prior year

Current year

Accounts payable

41,400

45,000

Accounts receivable

115,200

122,400

Accruals

16,200

13,500

Additional paid in capital

200,000

216,660

Cash

???

???

Common Stock @ par value

37,600

42,000

COGS

131,400

178,722.00

Depreciation expense

21,600

22,610.00

Interest expense

16,200

16,173.00

Inventories

111,600

115,200

Long-term debt

135,000

138,719.00

Net fixed assets

375,126.00

399,600

Notes payable

59,400

64,800

Operating expenses (excl. depr.)

50,400

69,866.00

Retained earnings

122,400

136,800

Sales

255,600

337,317.00

Taxes

9,900

18,792.00

What is the current year's return on assets (ROA)?

In: Finance