Description
I need help with 8 business finance problems. They must be done in excel
Explanation & Answer
Hi there!I have completed all of the problems and attached the solutions (with work shown) in the Excel file alone.Please take a look and me know if you have any questions :)Thanks again!Selenica
3) letter I to indicate an increase, the letter D for a decrease, and the letter N for no change:
3. Use the
a. Average receivables goes up. I
b. Credit repayment times for customers are increased. D
c. Inventory turnover goes from 3 times to 6 times. I
d. Payables turnover goes from 6 times to 11 times. I
e. Receivables turnover goes from 7 times to 9 times. I
f. Payments to suppliers are accelerated. D
11)
Calculating the Cash Budget [LO3] Here are some important figures from the budg
1
2
3) 0.35 * Credit Sales
4) 0.6*ROW1
5)
8
Credit Terms
Past Due (Days)
Annual Credit Sales
Accounts receivable formula:
Average Days by Day
ACP =
Accounts receivable
14
Required Return
number of extra units sold
cash flow extra
CF (old)
CF(New)
Incremental Cash Flows
PV
Price Per unit
cost per unit
Unit sales per month
0,025
Cost of switching
N...
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