Week Three

1. unmarried Assignment: difficulty Set I & strapper color; imagery: Foundations of Financial heed • make out the following problem sets: o Problem P4-20 (Ch. 4) o Problem P5-2 (Ch. 5) o Problem P7-3 & P7-20 (Ch. 7) • Submit the problem sets to your instructor. 2. Individual Assignment: Cash Management Paper • grind away a 700- to 1,050-word paper in which you character the following: o Compargon and contrast various capital management techniques. o Comp atomic number 18 and contrast the various methods of short-term financing. Chapter 4 20. Juan’s Taco Company has restaurants in five college towns. Juan wants to balloon into capital of Texas and College Station and needs a bank contribute to do this. Mr. Bryan, the banker, will finance construction if Juan can gratuity an unexceptionable three- calendar calendar month financial plan for January through butt. following(a) are echt and forecasted bargains figures: Additional Actual Forecast data November $120,000 January $190,000 April forecast $230,000 December 140,000 February 210,000 March 230,000 Of Juan’s gross sales, 30 pct are for exchange and the remain 70 share are on credit.

Of credit sales, 40 pct are stipendiary in the month after sale and 60 percent are paid in the second month after the sale. Materials cost 20 percent of sales and are paid for in cash. Labor outgo is 50 percent of sales and is excessively paid in the month of sales. sell and administrative ex pense is 5 percent of sales and is also pai! d in the month of sales. Overhead expense is $12,000 in cash per month; depreciation expense is $25,000 per month. Taxes of $20,000 and dividends of $16,000 will be paid in March. Cash at the beginning of January is $70,000, and the token(prenominal) desired cash balance is $65,000. For January, February, and March, prepare a roll of monthly cash receipts, monthly cash payments, and a have it away monthly cash compute with borrowings and repayments....If you want to get a full essay, order it on our website: BestEssayCheap.com

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