Here is a forecast of sales by National Bromide for the first four months of 2022 (figures in $ thousands) Cash sales Sales on credit Month 1 Month 2 23 180 Month 3 Month 4 32 200 26 170 22 150 On average, 47% of credit sales are paid for in the current month, 27% are paid in the next month, and the remainder are paid in the month after that. What is the expected cash inflow from operations in months 3 and 4? Note: Do not round intermediate calculations. Enter your answers in thousands and rounded to one decimal place. Expected Cash Inflow from Items Operations (in $ thousands) Month 3 Month 4

Here is a forecast of sales by National Bromide for the first four months of 2022 (figures in $ thousands) Cash sales Sales on credit Month 1 Month 2 23 180 Month 3 Month 4 32 200 26 170 22 150 On average, 47% of credit sales are paid for in the current month, 27% are paid in the next month, and the remainder are paid in the month after that. What is the expected cash inflow from operations in months 3 and 4? Note: Do not round intermediate calculations. Enter your answers in thousands and rounded to one decimal place. Expected Cash Inflow from Items Operations (in $ thousands) Month 3 Month 4

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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The Dolphin Company is a merchandising company. Prepare a short-term cash forecast for 202o. Selected financial data from Dolphin Company are reproduced below (000): Cash, January 1 25 Inventory, January 1 600 Depreciation expense for 2020 80 Forecasted accounts receivable, December 31 275 Accounts receivable, January 1 250 Desired inventory, December 31 650 Forecasted cost of goods sold for 2020 3,000 Forecasted accounts payable, December 31 90 Minimum cash balance desired 60 Accounts payable, January 1 Cash outlays other then for inventory for 2020 75 575 Dolphin marks up its inventory cost by 25% to determine its sales price. Problem 4-1 The forecasted cash balance (000) as of December 31, 2020 is: 105 220 O 140 O (10)
A company estimates the following sales demand from Jan- July 2021: Sales (Units) 150,000 180,000 120,000 240,000 210,000 180,000 240,000 Month Jan Feb March April Мay June July Cash sales account for 50% of the total sales. Debtors are granted 2 months credit, of which half is collected in the month following sales, and the other half after 2 months. Determine the collection from sales in each of the months from April – June 2021. Explain how the credit policy offered by a company affects the budgeting exercise. (All workings must be clearly shown)
Chatsworth Company Month Expected Sales July $40,000 August $50.000 September $30,000
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what is the correct answer?
Your company forecasts that next year's sales will be $59.00 million, Cost of Goods Sold (COGS) will be 85% of sales, and the Days Payables Outstanding (DPO) ratio will be 22.19. What is the forecasted accounts payable for next year?
The management of MNGO Corporation is currently evaluating if they will need to borrow funds for their fourth quarter operation. Below are the different forecasted cash inflows and outflows of MNGO Corporation for the fourth quarter of the year Forecasted sales for October, November and December are $100,000, $150,000, and $ 180,000 respectively. Based on experience 40% is on cash sales, 40% is collected the following month and the remaining 20% is collected after 2 months when sales was made. It is expected that the company will be receiving $10,000 from its investments on Marketable securities on December. A scrap value of $3,000 is expected to be received by the company on November for the sales of depreciated assets. Monthly cash purchases on inventory is estimated to be 35% of monthly sales. Payment of accounts payable is done monthly which is 10% of the previous months sales. Monthly salary and wages are paid in cash amounting to $20,000 Monthly estimated utilities expense is…
cO X HAS cASH BALANCE OF $33 AND SHORT TERM LOAN BALANCE OF $200 AT THE BEGINNING OF QTR 1. THE NET CASH INFLOW FOR THE 1ST QTR IS $89 AND THE FOR THE SECOND QTR THERE IS A NET CAHS OUTFLOW OF $44. aLL CASH SHORTFALLS ARE FUNDED WITH SHORT TERM DEBT. THE FIRM PAYS 2% OF ITS PRIOR QUARTERS ENDING LOAN BALANCE AS INTERST EACH QUARTER. THE MINIMUM CASH BALANCE IS $25. wHAT IS THE SHORT TERM LOAN BALANCE AT THE END OF THE YEAR? available anwsers are 107 111 121 128 133
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