I need help with the attached assignment. I need it by Sunday around 5:00pm

Question 1 1. Indicate the effect of the following on the operating cycle: Accounts payable goes up No change Decrease Increase 1 points Question 2 1. Indicate the effect of the following on the cash cycle: Accounts payable turnover goes up Increase Decrease No change 1 points Question 3 1. Indicate the effect of the following on the operating cycle: Customers take longer to make the payment Increase No change Decrease 1 points Question 4 1. ABC Company has an average collection period of 35 days and factors all of its receivables immediately at a 2.4 percent discount. Assume all accounts are collected in full. What is the firm's effective cost of borrowing? Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. 1 points Question 5 1. Compute the Accounts Payable (A/P) period based on the following information: Average A/P balance = $47,450 Annual Cost of Goods Sold = $124,006 Assume 365 days Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points Question 6 1. As of this morning, your firm had a ledger balance of $3,632 with no outstanding deposits or checks. Today, your firm deposited 4 checks in the amount of $284 each and wrote 7 checks in the amount of $671. What is the amount of the disbursement float as of the end of the day? Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 1 points Question 7 1. ABC Corporation currently has an inventory turnover of 11.49, a payables turnover of 16.71, and a receivables turnover of 22.41. How many days are in the cash cycle? Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points Question 8 1. Month Sales $ Month Sales $ Jan 31,011 July 39,108 Feb 10,429 Aug 12,354 Mar 12,354 Sep 31,011 Apr 39,108 Oct 12,354 May 31,011 Nov 10,429 June 10,429 Dec 39,108 2. 3. The company has estimated expenses as follows: General and administrative expenses: $4,641 Material purchases are 74 percent of sales. Material purchases are paid in the month following the purchase. Interest payment per month: $2,457 Rent expenses per quarter starting March: $9,527 4. Calculate the cash outflows for June. 5. Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 6. 1 points Question 9 1. ABC Company has annual sales of $473,747 and cost of goods sold of $198,600. The average accounts receivable balance is $67,433. How many days on average does it take the firm to collect its accounts receivable? Assume 365 days. Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points Question 10 1. ABC Company writes 151 checks a day for an average amount of $550 each. These checks generally clear the bank in 2 days. In addition, the firm generally receives an average of $160,774 a day in checks that are deposited immediately. Deposited funds are available in 1 days. What is the firm's net float? Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 1 points Question 11 1. Identify which of the following will increase the operating cycle. Choose only one. decrease in accounts payable turnover ratio decrease in average collection period decrease in accounts payable period Decrease in inventory turnover ratio decrease in days' sales in inventory 1 points Question 12 1. Month Sales $ Month Sales $ Jan 32,534 July 40,415 Feb 34,914 Aug 15,435 Mar 15,435 Sep 32,534 Apr 40,415 Oct 15,435 May 32,534 Nov 34,914 June 34,914 Dec 40,415 2. 3. Sales are collected as follows: 4. In the month of Sales: 40% In the next month: 33% After 2 months: 8% Remainder is considered as bad debt and is not collected. 5. Calculate the cash collection for June. 6. Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 7. 1 points Question 13 1. On July 15th, you purchased $10,000 worth of goods. The terms of the sale were 2/8, net 43. What is the effective annual rate of interest for the credit period for this sale? Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. 1 points Question 14 1. ABC Company has annual sales of $400,000 and cost of goods sold of $328,822. The accounts payable period is 59.73 days. What is the average accounts payable balance? Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points Question 15 1. Identify a source of cash from below. Choose only one. increase in inventory Increase in fixed assets decrease in current liabilities Decrease in accounts receivable decrease in long-term debt 1 points Question 16 1. Month Sales $ Month Sales $ Jan 30,690 July 23,509 Feb 17,674 Aug 11,294 Mar 11,294 Sep 30,690 Apr 23,509 Oct 11,294 May 30,690 Nov 17,674 June 17,674 Dec 23,509 2. 3. Sales are collected as follows: 4. In the month of Sales: 32% In the next month: 23% After 2 months: 7% After 3 months: remainder is collected 5. Calculate the cash collection for November. 6. Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 7. 1 points Question 17 1. ABC Corporation currently has an inventory turnover of 39.74, a payables turnover of 9.13, and a receivables turnover of 21.02. How many days are in the operating cycle? Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. 1 points Question 18 1. Compute the cash cycle based on the following information: Average Collection Period = 67 Accounts Payable Period = 40 Average Age of Inventory = 34 1 points Question 19 1. As of this morning, your firm had a ledger balance of $4,953 with no outstanding deposits or checks. Today, your firm deposited 2 checks in the amount of $276 each and wrote a check in the amount of $875. What is the amount of the collection float as of the end of the day? Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 1 points Question 20 1. The terms of the sale were 4/6, net 48. What is the effective annual rate of interest? Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. 1 points Question 21 1. Which of the following is a Source of Cash? Choose only one. decrease in current liabilities Increase in fixed assets Increase in current assets Increase in long-term debt decrease in equity 1 points Question 22 1. Which one of the following is most indicative of a flexible short-term financial policy? Relatively low level of inventory Relatively high ratio of current assets to total assets Relatively high ratio of short-term debt to total debt Relatively low level of liquidity Relatively low level of accounts receivable 1 points Question 23 1. Month Sales $ Month Sales $ Jan 41,257 July 29,864 Feb 20,982 Aug 47,181 Mar 47,181 Sep 41,257 Apr 29,864 Oct 47,181 May 41,257 Nov 20,982 June 20,982 Dec 29,864 2. Sales are collected as follows: 3. In the month of Sales: 38% In the next month: 29% After 2 months: 11% After 3 months: remainder is collected 4. Calculate the cash collection for December. 5. Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box. 6. 1 points Question 24 1. ABC Company has a cash cycle of 13.84 days, an operating cycle of 19.33 days, and an average collection period of 4 days. The company reported cost of goods sold of $291,337. What is the company's average balance in Accounts Payable? Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box 1 points Save and Submit Click Save and Submit to save and submit. Click Save All Answers to save all answers. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25.03% 139.6646 days or 139.66 days $4,697 17.19 days $33,221.81 51.95 days -$5,326 $27,935.02 21.28% $53,809.69 $17,117.72 51.63 days 61 days $552 36.21% $31,699.55 $4,382.03 1. 2. 3. 4. 25.03% 5. 139.6646 days or 139.66 days 6. $4,697 7. 17.19 days 8. $33,221.81 9. 51.95 days 10. -$5,326 11. 12. $27,935.02 13. 21.28% 14. $53,809.69 15. 16. $17,117.72 17. 51.63 days 18. 61 days 19. $552 20. 36.21% 21. 22. 23. $31,699.55 24. $4,382.03 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25.03% ( Correct answer 28.83) 139.6646 days or 139.66 days $4,697 17.19 days ( 26.21) $33,221.81 ( Correct answer $ 39,573.14) 51.95 days -$5,326 $27,935.02 21.28% ( Correct answer 23.45) $53,809.69 $17,117.72 ( Correct Answer $14,693.32) 51.63 days ( Correct answer 26.55) 61 days $552 36.21% ( Correct answer 42.58) $31,699.55 $4,382.03