3.1.10 Cash Budget The cash budget is “an estimation of the cash inflows and outflows for a business for a specific period of time. Cash budget are used to assess whether the entity has sufficient cash to fulfil regular operations and whether too much cash is being left in unproductive capacities”. (Reference 2) The cash budget is prepared in advance for the first 6 months, and a cash deficit of £20,364 and £2,228 were incurred in January and February. A second-hand bottling plant was purchased in January which cost £420,000. The business required £30,000 cash for working capital.
Please show the name and student ID of all group members on the first page of your answers. This assignment is due by 12.00 (midday) on 18-05-2011. Please submit your answers in Paviljoen F0.16. 1. (a) Suppose there is a European put option on stock X with maturity in one year and current price €10.
3a. What is the shortest loan (36 months, 48 months, 60 months or 72 months) that has a monthly payment within your $500 budget that will allow you to buy the $45,000 car? Answer: Through Bank of America, I found a rate of 2.99% for the 36, 48 and 60 month loans. We are able to put down 20% and will need to finance $36,000. There is no loan period for the $45,000 car that would be under our $500
25 of Basic Finance. Reading Read this week’s Electronic Reserve Readings. Participation Participate in class discussion. 4/18 3 Individual Assignments From the Readings Resource: Titman, S., Keown, A. J., & Martin, J. D. (2011). Financial management: Principles and applications (11th ed.).
What is Bob's gross income for 2010? Your Answer: $190,000 All $190,000 (the $140,000 salary and the $50,000 bonus) was available to Bob so the bonus must be recognized in 2010 under the doctrine of constructive receipt. When the bonus is physically received in 2011, the $50,000 will have already been taxed and will therefore not be subject to tax again in
1. If the Hunter Corp. has an ROE of 13 and a payout ratio of 30 percent, what is its sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Sustainable growth rate ____% 2. The most recent financial statements for Williamson, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $ 6,700 Assets $22,050 Debt $ 8,050 Costs 3,850 Equity 14,000 Net income $ 2,850 Total $22,050 Total $22,050 Assets and costs are proportional to sales.
Kingdom Leasing Inc. agrees to lease jousting equipment to Knight Inc. on Jan 1,2012. They agree on the following terms: 1) The normal selling price of the jousting equipment is $325000 and the cost of the asset to Kingdom Leasing Inc. was $250000. Fair Value 325000 2) Knight will pay all maintenance,insurance,and taxes costs directly and annual payments of $60000 on Jan 1 each year. Residual Value 30000 3) The lease begins on Jan 1, 2012 and payments will be in equal annual installments. Lease term 10 4) The lease is noncancelable with no renewal option.
• begins when the firm uses its cash to purchase raw materials and ends when the firm collects cash payments on its credit sales. • shows how long the firm keeps its inventory before selling it. Click here to download STR 581 Week 4 Capstone 2 19. Ajax Corp. is expecting the following cash flows - $79,000, $112,000, $164,000, $84,000, and $242,000 – over the next five years. If the company’s opportunity cost is 15 percent, what is the present value of these cash flows?
FIN 422 ASSIGNMENT 1 Due at 3:00 p.m. on Thursday, January 28, 2010. Instructions: 1. Attach a covering page to the front of your assignment giving your name, course number, section number (B1 or B2), and instructor’s name. 2. Hand in your assignment at the assignment drop-off box located outside the General Office on the third floor of the School of Business building.
Lastly, we finish each part individually and then check the work finally by others. About this report, introduction shows information of two companies, their history and their operations. And the aim of the report will be provided in the introduction why and what the report is going to provide. Body of report provides the ratios analysis, comparison of two years of each company and each company about which ratios