Item 16 of 25Jade Company has a 60-day average collection period and wishes to maintain a P160 thousand minimum cash balance.From the given in the cash budget below, complete the table. What conclusions do you draw?Jade CompanyCash Budget (In Thousand Pesos)1st Qtr2nd Qtr3rd Qtr4th QtrBeginning ReceivablesSalesCash collections240150165180135ending receivablestotal cash collectionstotal cash disbursementsnet cash inflow170160185190beginning cash balancenet cash inflowending cash balanceminimum cash balancecumulative surplus (deficit)45Answer with text and/or attachments:

Cash budget is the estimation of the cash flow of the business over the period of time. It includes…

Answered: Jade Company has a 60-day average…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

V company's evaluation of its cash outlay required indicates that it needs P50,000 for the year. The marketable securities earn an annual rate of 2%. The company incurs P5 to convert marketable securities to cash. V company maintains buffer cash of 5,000 all throughout the year. 1. How much is the annual holding cost as a result of keeping cash in bank? 2. How much is the total annual cost of cash?
Question 6 Consider a 10-year zero coupon bond with a face value F = 100 000. The risk free rate is 0.005. The credit spread for the bond is 125 basis points. Compute the following at t 0: - The default probability of the bond. - The value of the bond if there is no recovery on a default. - The value of the bond if there is a recovery of 15%. - The value of the bond if there were no possibility of default.
Reporting Cash Tina Company has the following items at year-end. Currency and coin in safe. $4,100 Funds in savings account (requires $2,500 compensating balance) 26,540 Funds in checking account 6,750 Traveler’s checks 625 Postdated check 1,250 Not-sufficient-funds check 1,880 Money market fund 35,100 RequiredIdentify the amount of the above items that should be reported as cash and cash equivalents on Tina Company’s balance sheet. Cash and Cash Equivalents = $Answer
Here is a forecast of sales by National Bromide for the first four months of 2022 (figures in $ thousands): Month 1 Month 2 Cash sales Sales on credit 16 110 25 130 Month 3 Month 4 19 100 15 80 On average, 51% of credit sales are paid for in the current month, 31% are paid in the next month, and the remainder are paid in the month after that. What is the expected cash inflow from operations in months 3 and 4? Note: Do not round intermediate calculations. Enter your answers in thousands and rounded to one decimal place. Items Month 3 Month 4 Expected Cash Inflow from Operations (in $ thousands)
Please prepare the Income Statement and Cash Flow Statement. Thanks!
AB Ltd has a petty cash account that is set at $8,400. In month 1 the month end replenishment is for 20% of the fund. In month 2 the month end replenishment is for 25% of the fund and in month 3 the fund size is increased by $3,800 and the replenishment is for 22% of the fund level. Required: How much is the highest monthly expense from replenishment? $
Sylvia is tasked to compute for all the outlays of cash by her company for the last quarter of 2021. Sylvia is computing the O Total Cash Receipts O Total Cash Disbursements O Total External Forecast O Total Internal Forecast
1. The treasurer of Yoda Inc. needs to estimate cash collections from accounts receivable for September, October, and November 2022. Forty percent of the company's customer's pay in cash the rest are credit customers. The collection pattern for the credit customers is 20% in the month of the sale and 80% in the following month. They have zero uncollectible accounts. Estimated total sales are as follows: August $70,000 September $80,000 October $85,000 November $100,000 a. What is Yoda's cash collections for September, October, and November? - September cash collections: - October cash collections: - November cash collections: b. The accounts receivable balance at the end of November will be:
2. If HHC has $1,150 cash, $500 of government Treasury bills purchased four months ago, $780 of cash set aside for its workers' compensation insurance, how much will the company report on the balance sheet as "Cash and Cash Equivalents"? Cash and Cash Equivalents
AB Ltd.has a petty cash account that is set at $1,200. In month 1 the month end replenishment is for 20% of the fund. In month 2 the month end replenishment is for 25% of the fund and in month 3 the fund size is increased by $200 and the replenishment is for 22% of the fund level. Required: How much is the highest monthly expense from replenishment?
Petty cash fund had an opening balance of RO 300. During the month the receipts were RO 70 staff welfare, RO 75 petrol, 80 office stationery, and 45 travelling and there was RO 20 left in the petty cash box. If the petty cash fund is raised to RO 500 per month then how much is the amount required to be refill? a. RO 470 b. RO 280 c. RO 380 d. RO 480
i need the answer quickly

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