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I need the solutions for these. Thank you very much! Bertholt Inc. is preparing its cash budget. It expects to have sales of 30,000 in

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I need the solutions for these. Thank you very much!

Bertholt Inc. is preparing its cash budget. It expects to have sales of 30,000 in January, 35,000 in February, and 35,000 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March? A). 26,730 B). 33,000 C). 24,057 D). 29,700 Yaeger Company is a no-growth firm. Its sales fluctuate seasonally, causing total assets to vary from 320,000 to 410,000, but fixed assets remain constant at 260,000. If the firm follows a maturity matching (or moderate) working capital financing policy, what is the most likely total of long-term debt plus equity capital? A). Y320,000 B). Y288,800 C). V274,360 D). W260,642 . Mikasa Inc. has the following data. What is the firm's cash conversion cycle? Inventory conversion period 38 days Receivables collection period 19 days Payables deferral period 20 days A). 41 days B). 37 days C).45 days D). 33 days Ackermann Company's average age of accounts receivable is 45 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle? A). 67 days B). 74 days C). 63 days D). 70 days Capt. Levi is considering purchasing the stock of AOT, Inc. What should Capt. Levi be willing to pay for AOT today if it is expected to pay a 72 dividend in one year and he expects dividends to grow at 5 percent indefinitely? Capt. Levi requires a 7.3 percent return to make this investment. A). 1,545.12 B). 1939.33 C). 3,130.43 D). 1986.30

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