FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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![A CasIT TIOW Duuge
[vl section refers to inflows and outflows from the purchase/sale of non-current assets. The [z] section includes inflows and Butiows ITU STIUIT UI TOng lem borro
Question 7
Annual Operating Loan
Quarter 1
Quarter 2
Beginning Cash Balance
3,000
[5]
+ Net Cash Flow
-13,530
+ Operating Loan Borrowing
[1]
Operating Loan Payment
[2]
= Ending Cash Balance
[3]
2,500
Beginning Operating Loan Balance
25,000
Ending Operating Loan Balance
[4]
Required Minimum Account Balance: $2,500
Do not include commas or dollar signs
here to search
End
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Transcribed Image Text:A CasIT TIOW Duuge
[vl section refers to inflows and outflows from the purchase/sale of non-current assets. The [z] section includes inflows and Butiows ITU STIUIT UI TOng lem borro
Question 7
Annual Operating Loan
Quarter 1
Quarter 2
Beginning Cash Balance
3,000
[5]
+ Net Cash Flow
-13,530
+ Operating Loan Borrowing
[1]
Operating Loan Payment
[2]
= Ending Cash Balance
[3]
2,500
Beginning Operating Loan Balance
25,000
Ending Operating Loan Balance
[4]
Required Minimum Account Balance: $2,500
Do not include commas or dollar signs
here to search
End
F10
PrtScn
DII
Home
F9
F2
F3
F4
F5
F6
F7
F8
&
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- Given the following items , compute the required ones. REQUIRED COST OF SALES GIVEN Asset Turnover : Gross Margin: 1,2 0,3 NET SALES TOTAL SALES CURRENT ASSETS Fin.Goods InventoryTurnover Av. Finished Goods Inventory 120.000 Working.Capital Cycle Trade Receivables Turnover CURRENT RATIO 200 days 4 AV.TRADE RECEIVABLES TOTAL DEBT Long Term Debt Total Debt / Equity 250.000 TOT.DEBT/ TOTAL SOURCESarrow_forwardA loan of $X is to be repaid with 120 payments. The principal repaid in the 55th and 56th payments is $380 and $393.30 respectively. What is X?arrow_forwardI want an explanation.arrow_forward
- PreviousBalance AnnualPercentageRate (APR)(as a %) MonthlyPeriodicRate FinanceCharge(in $) Purchasesand CashAdvances PaymentsandCredits NewBalance(in $) $2,490.00 % 1 1 4 % $ $1,374.98 $300.00 $arrow_forwardHi, below is an attached photo of the question. Please show explanation of calculations. Thankyou.arrow_forward2arrow_forward
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