What is the firm's estimated beginning Accounts Receivable in January 2020?

What are the firm's Net Cash Flows in January 2020?

What are the firm's Net Cash Flows in February 2020?,

What are the firm's Net Cash Flows in March 2020?,

Using the following information to figure out Hoth Corporation's Operating Cycle and its components. Additionally, using the following information based on expected sales to forecast the monthly cash collections, accounts receivable balance, monthly cash disbursements, net cash flows, and cash surplus / deficit at the end of each month in the first quarter of 2020 (January - March 2020). Do not allow your firm to have a cash balance below the minimum cash balance and only borrow what you need. In 2019, total sales (all made on credit) were $7,300,000 and Cost of Goods Sold was $5,879,920. Selected Balance Sheet information is as follows: 31-Dec-18 31-Dec-19 305,000 $ Accounts Receivable $ 295,000 2$ 506,000 $ 309,500 $ Inventory 525,000 Payables 2$ 367,100 a. In December 2019 credit sales were $400,000. b. Accounts payable are 60% of sales d. Operating expenses are 10% of sales e. The firm plans to purchase equipment in January costing $750,000 $250,000 f. Beginning Cash Balance = g. Minimum Cash Balance = $15,000 h. Assume there is an annual interest rate of 18% on short term debt and that the firm starts with no short term borrowing. i. Sales are expected to be $500,000 for January 2020, $350,000 for February 2020, and $400,000 for March 2020. j. Assume all months have 30 days. Using the following information to figure out Hoth Corporation's Operating Cycle and its components. Additionally, using the following information based on expected sales to forecast the monthly cash collections, accounts receivable balance, monthly cash disbursements, net cash flows, and cash surplus / deficit at the end of each month in the first quarter of 2020 (January - March 2020). Do not allow your firm to have a cash balance below the minimum cash balance and only borrow what you need. In 2019, total sales (all made on credit) were $7,300,000 and Cost of Goods Sold was $5,879,920. Selected Balance Sheet information is as follows: 31-Dec-18 31-Dec-19 305,000 $ Accounts Receivable $ 295,000 2$ 506,000 $ 309,500 $ Inventory 525,000 Payables 2$ 367,100 a. In December 2019 credit sales were $400,000. b. Accounts payable are 60% of sales d. Operating expenses are 10% of sales e. The firm plans to purchase equipment in January costing $750,000 $250,000 f. Beginning Cash Balance = g. Minimum Cash Balance = $15,000 h. Assume there is an annual interest rate of 18% on short term debt and that the firm starts with no short term borrowing. i. Sales are expected to be $500,000 for January 2020, $350,000 for February 2020, and $400,000 for March 2020. j. Assume all months have 30 days