Question
Sales were 1000000 in August and 3500000 in September. Sales have been forecasted to be 3500000, 2000000, 4000000, for months of October, November, December, respectively.
Sales were 1000000 in August and 3500000 in September. Sales have been forecasted to be 3500000, 2000000, 4000000, for months of October, November, December, respectively.
The firm collects 70 percent of sales for cash and 30 percent of its sales one month later.
Interest income of 70000 dollars on marketable securities will be received in December.
Purchases are 50 percent of sales, 40 percent of which are paid in cash, and the rest is paid one month after purchase.
Salaries and wages amount to 15 percent of the previous month's sales.
Lease payments of $100,000 must be made each month.
A principal and interest payment on an outstanding loan is due in December of $150,000.
The firm pays dividends of 150000 dollars in November.
Fixed assets costing $600,000 will be purchased in October.
Depreciation expense each month of $45,000.
The firm has a beginning cash balance in October of $100,000 and maintains a minimum cash balance of $200,000.
What is the total cash receipts in October?
Answer for part 1 What is the total cash receipts in November?
Answer for part 2 What is the total cash receipts in December?
Answer for part 3 What is the total cash disbursements in October?
Answer for part 4 What is the total cash disbursements in November?
Answer for part 5 What is the total cash disbursements in December?
Answer for part 6 What is the net cash flow in October?
Answer for part 7 What is the net cash flow in November?
Answer for part 8 What is the net cash flow in December?
Answer for part 9 What is the ending cash balance in October?
Answer for part 10 What is the ending cash balance in November?
Answer for part 11 What is the ending cash balance in December?
Answer for part 12 What is the cash balance to be invested in Marketable securities or to be financed in October?
Answer for part 13 What is the cash balance to be invested in Marketable securities or to be financed in November?
Answer for part 14 What is the cash balance to be invested in Marketable securities or to be financed in December?
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Interest Rate Swaps And Their Derivatives A Practitioners Guide
Authors: Amir Sadr
1st Edition
0470443944, 978-0470443941
