The Ames Company has exactly $60 in cash. The company buys three pieces of inventory which are all exactly the same for cash. Because it is a highly inflationary market, the first one cost $16, the second cost $19, and the third cost $25. Shortly thereafter, one of these three is sold for $40 cash. Answer each of the following questions. a. If FIFO is applied, how many units are now on hand

You have recently been hired to improve the performance of Multiplex Corporation, which has been experiencing a severe cash shortage.  As one part of your analysis, you want to determine the firm’s cash conversion cycle.  Using the following information and a 365-day year,(a) what is your estimate of the firm’s current cash conversion cycle?   Current inventory = $241,000.00 • Annual sales = $1,200,000.00 • Accounts receivable = $300,000.00 • Accounts payable = $245,000.00 • Total annual purchases = $600,000.00 • Purchases credit terms:  net 30 days.   • Receivables credit terms:  net 50 days.

Please answer it with a complete and original solution. Thank you! Make it original.

Bhupatbhai

pm.6

Your company received a $9 million order on the last day of the year. You filled the order with $3 million worth of inventory. The customer picks up the order the same day and pays $3 million up front in cash; you also issue a bill for the customer to pay the remaining balance of $6 million within 40 days. Suppose your firm’s tax rate is 0% (ignore taxes).  Based on the above information; a. No option is correct b. Your earnings did not change c. Your earnings went up by $9 million d. Your earnings went up by $6 million

Ace Industries has current assets equal to $10 million. The company's current ratio is 2.0, and its quick ratio is 1.5. What is the firm's level of current liabilities? What is the firm's level of inventories? Do not round intermediate calculations. Round your answers to the nearest dollar. Current liabilities: $   Inventories: $

During computation, you may round your integer data to two decimal places and your percentages and present value factors to four decimal places.

The following table contains the liquidity table for an American company. Time buckets considered are between 1 day and 5 years.- On the 1st row, you have the liquidity inflows (received) over 5 years, per bucket- On the 2nd row, you have the liquidity outflows (paid) over 5 years, per bucket- On the 3rd row, you have the cumulative outflow , per bucket You are asked :1. calculate the liquidity GAP = inflows - outflows, per bucket2. calculate the cumulative GAP, per bucket3. What will be the Net interest income variation for the period of 29 days - 3 months, if interest rates have a 3% variation?

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