The following table includes quarterly working capital levels for your firm for the next year. (Click on the following icon to export the data displayed below.) Quarters ($000) Cash Accounts Receivable Inventory Accounts Payable 1 96 207 208 109 2 96 106 499 93 3 96 93 905 107 4 96 594 49 97 If you chose to use only long-term financing, what total amount of borrowing would you need to have on a permanent basis? Forecast your excess cash levels under this scenario. The amount you would need to borrow using only long-term capital on a permanent basis is $. (Round to the nearest dollar.) h Calculate the excess cash for each quarter below: (Round to the nearest integer.)
The following table includes quarterly working capital levels for your firm for the next year. (Click on the following icon to export the data displayed below.) Quarters ($000) Cash Accounts Receivable Inventory Accounts Payable 1 96 207 208 109 2 96 106 499 93 3 96 93 905 107 4 96 594 49 97 If you chose to use only long-term financing, what total amount of borrowing would you need to have on a permanent basis? Forecast your excess cash levels under this scenario. The amount you would need to borrow using only long-term capital on a permanent basis is $. (Round to the nearest dollar.) h Calculate the excess cash for each quarter below: (Round to the nearest integer.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following table includes quarterly working capital levels for your firm for the next year.
(Click on the following icon to export the data displayed below.)
Quarters
($000)
Cash
Accounts Receivable
Inventory
Accounts Payable
1
96
207
208
109
2 3
96
106
499
93
96
93
905
107
4
96
594
49
97
If you chose to use only long-term financing, what total amount of borrowing would you need to have on a
permanent basis? Forecast your excess cash levels under this scenario.
The amount you would need to borrow using only long-term capital on a permanent basis is $. (Round to the
nearest dollar.)
h
Calculate the excess cash for each quarter below: (Round to the nearest integer.)
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