Your company ended 2018 with cash of $8M. Cash increased year-end 2019 by 20%. Sales in 2019 were $30M. What is the Cash Turnover Ratio for 2019? 4.2 3.4 4.3 3.8 please giove the right answer and explain
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- 4,5,6,7Please answer this simple question1. What this ratio tells us about? 2016 2017 2018 2019 Number of days of payables (purch.) Net operating cycle Operating cycle 82.50 days 66.95 days 54.02 days 47.23 days 2. Do you like the situation in this company? 3. What are your recommendationd to improve the situation?
- Please answer fast please arjent help please answerskip if you already did this or else downvoteSHOW COMPLETE MANUAL SOLUTIONS FOR UPVOTENOT EXCELNelto deposits $2,500 in a bank account that pays 3% interest compounded quarterly. Two years later, how much do they have in their bank account? C 1 t=0 n Cash Flow Diagram ….....…... Time Value of Money (TVM) Framework PV PMT FV type How to compute using Excel? -function( rate, nper, pmt, [PV]. [type]) n CPT
- Helen Bowers, owner of Helen’s Fashion Designs, is planning torequest a line of credit from her bank. She has estimated the following sales forecasts forthe firm for parts of 2018 and 2019: May 2018 $180,000June 180,000July 360,000August 540,000September 720,000October 360,000November 360,000December 90,000January 2019 180,000 Estimates regarding payments obtained from the credit department are as follows: collectedwithin the month of sale, 10%; collected the month following the sale, 75%; collectedthe second month following the sale, 15%. Payments for labor and raw materials are madethe month after these services were provided. Here are the estimated costs of labor plusraw materials: May 2018 $90,000June 90,000July 126,000August 882,000September 306,000October 234,000November 162,000December 90,000 General and administrative salaries are approximately $27,000 a month.…Forecasted Statements and Ratios Upton Computers makes bulk purchases of small computers, stocks them in conveniently located warehouses, ships them to its chain of retail stores, and has a staff to advise customers and help them set up their new computers. Upton's balance sheet as of December 31, 2019, is shown here (millions of dollars): Cash $ 3.5 Accounts payable $ 9.0 Receivables 26.0 Notes payable 18.0 Inventories 58.0 Line of credit 0 Total current assets $ 87.5 Accruals 8.5 Net fixed assets 35.0 Total current liabilities $ 35.5 Mortgage loan 6.0 Common stock 15.0 Retained earnings 66.0 Total assets $122.5 Total liabilities and equity $122.5 Sales for 2019 were $425 million and net income for the year was $12.75 million, so the firm's profit margin was 3.0%. Upton paid dividends of $5.1 million to common stockholders, so its payout ratio was 40%. Its tax rate was 25%, and it operated at full capacity. Assume that all…pls refer to the attached image 1. What is the principal balance of the loan as of January 1, 2022? 2. What is the principal balance of the loan as of December 31, 2024, after payment was made? 3. How much total amount of interest that will be paid for the next 5 years? 4. Suppose that ABC company can only afford to pay P400,000 every end of each year, what is the maximum amount of loan that company can avail? (Note: loan term and interest rate remain the same)
- A company is expecting to have P 25,000 cash in hand on 1st April 2017 and it requires you to prepare an estimate of cash position in respect of three months from April to June 2017, from the information given below: Month Sales P Purchases P Wages P Expenses P February March April May June 70,000 80,000 92,000 1,00,000 1,20,000 40,000 50,000 52,000 60,000 55,000 8,000 8,000 9,000 10,000 12,000 6,000 7,000 7,000 8,000 9,000 Additional Information: (a) Period of credit allowed by suppliers - two months. (b) 25 % of sale is for cash and the period of credit allowed to customer for credit sale one month. (c) Delay in payment of wages and expenses one month. (d) Income Tax P 25,000 is to be paid in June 2017.Please answer the D It is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account and her bank loans money at 6%per year while it offers short-term investment rates of 5%. Jane's cash flows during August were as follows: a. Determine Jane's total cash inflows and cash outflows. b. Determine the net cash flow for the month of August. c. If there is a shortage, what are a few options open to Jane? d. If there is a surplus, what would be a prudent strategy for her to follow? a. Jane's total cash inflows are $4840. (Round to the nearest dollar.) Jane's total cash outflows are $4700. (Round to the nearest dollar.) b. Jane's net cash flow for the month of August is $140 (Round to the nearest dollar. Remember that a positive number indicates a surplus and a negative number indicates a shortage.) c. If there is a shortage, what are a few options…Dd.1. What are cash payments on account for February? 2. What is the ending balance in accounts payable for March? 3. What is the change in the cash balance for the period January–March?.