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Hi, can you answer these questions, thank you Jutry Limited is considering a change in credit policy which is expected to increase sales revenue from

Hi, can you answer these questions, thank you

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Jutry Limited is considering a change in credit policy which is expected to increase sales revenue from $240,000 to $368,000 and increase accounts receivable from $20,000 to $92,000 with all other working capital items unaffected. Jutry Limited requires a return of 12% on investments in working capital. What is the minimum expected increase in profit necessary to justify the change in credit policy? Answer: Poiju Limited expects the following cash collections and payments for the first three months of 2021: January February March Cash collections ($) 413,000 379,000 335,000 Cash disbursements 378,000 554,000 320,000 ($) The expected cash balance at the end of January 2021 is $225,000. Calculate the expected cash balance at the beginning of March. Answer: Shady Bank is willing to lend you a lump sum of up to $50,000 to buy a car, for a period of one year at an annually- compounded interest rate of 8%. If you expect to be able to pay back $48,000 in one year's time, how much can you borrow? Show your answer to the nearest whole dollar

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