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Wildcat, Incorporated, has estimated sales ( In millions ) for the next four quarters as follows: Sales for the first quarter of the year after
Wildcat, Incorporated, has estimated sales In millions for the next four quarters as follows: Sales for the first quarter of the year after this one are projected at $ million. Accounts recelvable at the beginning of the year were $ million. Wildcat has a day collection period. Wildcat's purchases from suppliers in a quarter are equal to percent of the next quarter's forecast sales, and suppliers are normally pald In days. Wages, taxes, and other expenses run about percent of sales. Interest and dividends are $ million per quarter. Wildcat plans a major capital outlay in the second quarter of $ million. Finally, the company started the year with a $ million cash balance and wishes to maintain a $ million minImum balance. Assume that Wildcat can borrow any needed funds on a shortterm basls at a rate of percent per quarter and can Invest any excess funds In shortterm marketable securitles at a rate of percent per quarter. a Complete the following shortterm financlal plan assuming that Wildcat maintains a minimum cash balance of $ million. A negative answer should be indicated by a minus sign. Do not round intermedlate calculations and enter your answers in millions of dollars rounded to decimal places, eg Leave no cells blank be certain to enter wherever required. tableWILDCAT INCORPORATEDShortTerm Financial Planin millionsQQQQTarget cash balance,$$$$Net cash inflowNew shortterm investmentstableIncome from shortterminvestmentsShortterm investments soldNew shortterm borrowingInterest on shortterm borrowingShortterm borrowing repaidEnding cash balanceMinimum cash balanceCumulative surplus deficitBeginning shortterm investmentsEnding shortterm investmentsBeginning shortterm debtEnding shortterm debt,,,,,,,, a What is the net cash cost total Interest pald minus total Investment Income earned for the year? Do not round intermediate calculations and enter your answer in millions of dollars rounded to decimal places, eg Net cash costWildcat Incorporated, has estimated sales in millions for the next four quarters as follows: Q Q Q Q Sales $ $ $ $ Sales for the first quarter of the following year are projected at $ million. Accounts receivable at the beginning of the year were $ million. Wildcat has a day collection period. Wildcats purchases from suppliers in a quarter are equal to percent of the next quarters forecastWildcat, Incorporated, has estimated sales In millions for the next four quarters as follows: Sales for the first quarter of the year after this one are projected at $ million. Accounts recelvable at the beginning of the year were $ million. Wildcat has a day collection period. Wildcat's purchases from suppliers in a quarter are equal to percent of the next quarter's forecast sales, and suppliers are normally pald in days. Wages, taxes, and other expenses run about percent of sales. Interest and dividends are $ million per quarter. Wildcat plans a major capital outlay in the second quarter of $ million. Finally, the company started the year with a $ million cash balance and wishes to malntaln a $ million minimum balance. Assume that Wildcat can borrow any needed funds on a shortterm basls at a rate of percent per quarter and can Invest any excess funds In shortterm marketable securitles at a rate of percent per quarter. a Complete the following shortterm financlal plan assuming that Wildcat maintains a minimum cash balance of $ million. A negative answer should be indicated by a minus sign. Do not round intermedlate calculations and enter your answers in millions of dollars rounded to decimal places, eg Leave no cells blank be certaln to enter wherever required. tableWILDCAT INCORPORATEDShortTerm Financial Planin millionsQQQQTarget cash balance,$$$$Net cash inflowNew shortterm investmentstableIncome from shortterminvestmentsShortterm investments soldNew shortterm borrowingInterest on shortterm borrowingShortterm borrowing repaidEnding cash balanceMinimum c
Wildcat, Incorporated, has estimated sales In millions for the next four quarters as follows:
Sales for the first quarter of the year after this one are projected at $ million. Accounts recelvable at the beginning of the year were $ million. Wildcat has a day collection period.
Wildcat's purchases from suppliers in a quarter are equal to percent of the next quarter's forecast sales, and suppliers are normally pald In days. Wages, taxes, and other expenses run about percent of sales. Interest and dividends are $ million per quarter.
Wildcat plans a major capital outlay in the second quarter of $ million. Finally, the company started the year with a $ million cash balance and wishes to maintain a $ million minImum balance.
Assume that Wildcat can borrow any needed funds on a shortterm basls at a rate of percent per quarter and can Invest any excess funds In shortterm marketable securitles at a rate of percent per quarter.
a Complete the following shortterm financlal plan assuming that Wildcat maintains a minimum cash balance of $ million. A negative answer should be indicated by a minus sign. Do not round intermedlate calculations and enter your answers in millions of dollars rounded to decimal places, eg Leave no cells blank be certain to enter wherever required.
tableWILDCAT INCORPORATEDShortTerm Financial Planin millionsQQQQTarget cash balance,$$$$Net cash inflowNew shortterm investmentstableIncome from shortterminvestmentsShortterm investments soldNew shortterm borrowingInterest on shortterm borrowingShortterm borrowing repaidEnding cash balanceMinimum cash balanceCumulative surplus deficitBeginning shortterm investmentsEnding shortterm investmentsBeginning shortterm debtEnding shortterm debt,,,,,,,,
a What is the net cash cost total Interest pald minus total Investment Income earned for the year? Do not round intermediate calculations and enter your answer in millions of dollars rounded to decimal places, eg
Net cash costWildcat Incorporated, has estimated sales in millions for the next four quarters as follows: Q Q Q Q Sales $ $ $ $ Sales for the first quarter of the following year are projected at $ million. Accounts receivable at the beginning of the year were $ million. Wildcat has a day collection period. Wildcats purchases from suppliers in a quarter are equal to percent of the next quarters forecastWildcat, Incorporated, has estimated sales In millions for the next four quarters as follows:
Sales for the first quarter of the year after this one are projected at $ million. Accounts recelvable at the beginning of the year were $ million. Wildcat has a day collection period.
Wildcat's purchases from suppliers in a quarter are equal to percent of the next quarter's forecast sales, and suppliers are normally pald in days. Wages, taxes, and other expenses run about percent of sales. Interest and dividends are $ million per quarter.
Wildcat plans a major capital outlay in the second quarter of $ million. Finally, the company started the year with a $ million cash balance and wishes to malntaln a $ million minimum balance.
Assume that Wildcat can borrow any needed funds on a shortterm basls at a rate of percent per quarter and can Invest any excess funds In shortterm marketable securitles at a rate of percent per quarter.
a Complete the following shortterm financlal plan assuming that Wildcat maintains a minimum cash balance of $ million. A negative answer should be indicated by a minus sign. Do not round intermedlate calculations and enter your answers in millions of dollars rounded to decimal places, eg Leave no cells blank be certaln to enter wherever required.
tableWILDCAT INCORPORATEDShortTerm Financial Planin millionsQQQQTarget cash balance,$$$$Net cash inflowNew shortterm investmentstableIncome from shortterminvestmentsShortterm investments soldNew shortterm borrowingInterest on shortterm borrowingShortterm borrowing repaidEnding cash balanceMinimum c
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