Question

2 The ACME Toy Company has the following information: 1. Inventory conversion of 70 days 4 70 2. Credit terms to its customer

Please, use the formula in Excel. Thank you

For part B, He needs the saving for 45 days and 60 days.

0 0
Add a comment Improve this question Transcribed image text
Answer #1


L opesating cycle + credit period to customers = = Unvesttey wavession 0 + 30 100 Bet h 8 cash convexion code SEL inventory c Abitional Savings if extended to 45 = 12, 328.77 - 8,819.18 2 2.109 59 Additimal savings of elinded to 60 • 169438.36 - 8.219

Add a comment
Know the answer?
Add Answer to:
Please, use the formula in Excel. Thank you For part B, He needs the saving for...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Please, solve it with the formula in Excel. Thank you 3 The ACME Toy Company has...

    Please, solve it with the formula in Excel. Thank you 3 The ACME Toy Company has the following information. Computer the cost of capital for each. a. It has $1,000 par value bond with a 9% annual coupon rate and a 20 year maturity. The investors require a 11% rate of return. Compute the market value of the bonds and the after-tax cost if the tax rate is 21% and you can buy the bond for $1,100 3 b. ACME's...

  • Please use Excel to show the EXCEL FORMULA used to answer these questions. Thank you in...

    Please use Excel to show the EXCEL FORMULA used to answer these questions. Thank you in advance! 1 0.2 0.3 0.2 0.1 0.1 0.1 1 2 3 4 5 X Probability E(X) Var(x) SD(X) 0.2011 0.276 0.125 0,087 0.075 0.087 0.063 0.04 0.046 12 13 Y 14 Probability 15 E(X) 16 Var(X) 17 SD(X)

  • can someone help me figure out where to input the numbers on the excel sheet to...

    can someone help me figure out where to input the numbers on the excel sheet to figure out the carrying cost for question 1 and 2. * Question Completion Status: QUESTION 1 SCENARIO A Acme retail inc. wants to import shampoo from Brazil. The daily demand at Acme stores for shampoo is 1800 bottles per day with a standard deviation of 550. Acme is considering two suppliers to source from. Option 1) Amazon Products Inc. will charge $5 per bottle,...

  • Analyze this saving plan and enter your answer in Questions 4-10. If you use Excel functions...

    Analyze this saving plan and enter your answer in Questions 4-10. If you use Excel functions to calculate the answers, submit the completed Excel file as a group and make sure to include the names of your group members who work on the problem. A 30-year old wants to make a saving plan to meet the following three goals: §  First Goal: To save $150,000 in 5 years for the down payment to purchase a house, which is estimated to be...

  • Could you please solve it with the formula in Excel for each step? Thank you 17-12....

    Could you please solve it with the formula in Excel for each step? Thank you 17-12. (Preparing a cash budget) Harrison Printing has projected its sales for the first eight months of 2017 as follows: January $100,000 May $275,000 February 120.000 June 200,000 March 150,000 July 200,000 April 300.000 August 180.000 Harrison collects 20 percent of its sales in the month of the sale, 50 percent in the month following the sale, and the remaining 30 percent two months following...

  • please send the solution in Excel format if possible. Thank you Part C The following information...

    please send the solution in Excel format if possible. Thank you Part C The following information is available for Healthy & Fresh Ltd: Ratios 2012 2012 2013 2014 Current Ratio (times) 2.61:1 1.94:1 1.32:1 Average settlement period for debtors (days) 37 43 47 Average settlement for creditors Inventory turnover period (days) 54 65 Non-current assets (indexed, 2012 as base) 100 118 141 Long-term finance (indexed. 2012 as base) 100 109 115 * Credit terms : 2% discount pay within 10...

  • I mainly need help with the second part. Thank you in advance! Starbucks launched its prepaid...

    I mainly need help with the second part. Thank you in advance! Starbucks launched its prepaid (debit) Starbucks Card in November 2001. The card, which holds between $5 and $500 can be used at any Starbucks location. Suppose Starbucks management wants to study the reasons why some people purchase debit cards with higher prepaid amounts than do other people. Suppose a study of 25 randomly selected prepaid purchasers is taken. Respondents are asked the amount of the prepaid card, the...

  • Please use EXCEL to do it Show your answers along with the formula and steps you...

    Please use EXCEL to do it Show your answers along with the formula and steps you used for each question Table 1.en January 1,2019 LIBOR so Im days) Problem 3: On January 1, 2019,a US-based lender wishes to hedge against decrease n future interest rates. The lender proposes to hedge against this risk by entering into an FRA with the notional amount of S10 million Use 30/360 day ceent coav ention ลnd simple interest rate 540% 530% s 20% 510%...

  • Please put in excel spreadsheet and please show formula and answers. Thank you. unit cost to...

    Please put in excel spreadsheet and please show formula and answers. Thank you. unit cost to the nearess cent) and (b) cost of goods From the following, calculate the (a) cost of sold using the weighted-average method, FIFO, and LIFO (ending inventory shows 61 units). LU 18-1(2) m the following, calculate the (a) cost of ending inventory (round the average Cost per Number purchased Total unit $160 420 400 495 January 1 inventory40 April l June 1 50 November 1...

  • Please solve question 4 11:21 in O LT. 81% Read Only - You can't save changes...

    Please solve question 4 11:21 in O LT. 81% Read Only - You can't save changes to this file. From 2/10, net su LO 3/10, nel 30" Q4. The company has current sales of Rs. 30 crore. To push up sales, the company is considering a more liberal credit policy. The current average collection period of the company is 25 days. If the collection period is extended, sales increase in following manner. Credit policy Increase in collection period (days) Increase...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT