In order to find out how much cash is available to pay down short term debt,...
In order to find out how much cash is available to pay down short term debt, such as a revolving credit line, you must take:
1 Cash inflows from operations + Cash outflows for investments + Financing cash flows + beginning cash balance
2 Beginning cash balance + pre-debt cash flows – Min. cash balance – Required principal payments of LT and other debt
3 Beginning cash balance + cash inflows from operations - Min. cash balance
4 Beginning cash balance + cash inflows from operations + Cash outflows for investments - Min. cash balance
choose one of the 4 above4
Homework Answers
Option b is the answer
If the difference turns out to be positive,then we have enough cash to make the scheduled debt payments
But if the difference is negative,then there wouldn't be enough cash to make debt repayments
Add Answer to:
In order to find out how much cash is available to pay down
short term debt,...
Complete the SOE and worksheet using the information below. Change Excess of Market over Book Values...
Complete the SOE and worksheet using the information below. Change Excess of Market over Book Values (Market - Book) Item: 12/31/2018 Machinery and Equipment -$10,000 Land $0 Buildings $0 Marketable Securities $13,000 Other Investments (local brewery) $20,000 12/31/2019 $5,000 $5,000 $10,000 $5,000 $22,000 Selected Account Balances: Current Deferred Taxes Non-current Deferred Taxes Non-real estate long-term loan balance Total Equity $2,492 $3,000 $165,000 $232,009 $1,359 $12,601 $220,000 $323,041 $91,032 Other Information: 2019 Net Income for Illini Tap was: $151,633 No capital...
eBook Question 4 Not complete Maried out of 100 p g question Cash Budget & Short-Term...
eBook Question 4 Not complete Maried out of 100 p g question Cash Budget & Short-Term Financing Presented below are partial October, November, and December cash budgets for Holidays Events Loans are obtained in increments of $1,000 at the start of each month to maintain a minimum end-of-month balance of $12,000. Interest is one percent simple interest (no compounding) per month payable when the loan is repaid. Repayments are made as soon as possible, subject to the minimum end-of-month balance....
Prepare Journal entries to record the following transactions involving short-term debt investments. On May 15, paid...
Prepare Journal entries to record the following transactions involving short-term debt investments. On May 15, paid $100 cash to purchase Muni’s 120 day short term debt securities ($100 stated value), that pay 6% interest. (categorized as held-to-maturity securities). On September 13, received a check from Muni in payment of the principal and 120 days’ interest on the debt securities purchased in transaction above. Gard Co. completes the following transactions to its short-term debt investments: May 8: Purchased FedEx notes as...
. In cash flows from financing activities, how much did the company borrow? 6 Months Ended...
. In cash flows from financing activities, how much did the
company borrow?
6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of assets Provision for bad debts, net Non-cash stock compensa Non-cash interest...
4. In cash flows from investing activities, how much cash was spent (net) on the cusiness...
4. In cash flows from investing activities, how much cash was
spent (net) on the cusiness acquisition? Do you recall what
business was acquired?
6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of...
How much cash flowed in as a result of net income in the first six months...
How much cash flowed in as a result of net income in the first
six months of 2018.
6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of assets Provision for bad debts, net...
Cash Budget & Short-Term Financing Presented below are partial October, November, and December cash budgets for...
Cash Budget & Short-Term Financing Presented below are partial October, November, and December cash budgets for Holidays Events. Loans are obtained in increments of $1,000 at the start of each month to maintain a minimum end-of-month balance of $12,000. Interest is one percent simple interest (no compounding) per month, payable when the loan is repaid. Repayments are made as soon as possible, subject to the minimum end-of-month balance. Complete the short-term financing section of the cash budget and all missing...
How much did the company spend on dividend payments? 6 Months Ended Consolidated Statements of Cash...
How much did the company spend on dividend payments?
6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of assets Provision for bad debts, net Non-cash stock compensa Non-cash interest and other(income) loss Deferred...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1....
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash dividends from investments. 2. Paid cash for utilities. 3. Paid cash for rent. | 4. Received cash from sale of land. 5. Received cash from sale of equipment. 6. Cash paid to purchase short-term investments. | 7. Paid long-term debt with cash. 8. Received cash from short-term debt issuance 9. Received cash payments from customers. 10. Received cash interest on a note.
PLEASE ANSWER ALL PARTS OF THIS QUESTION Calculate the financing cash flows using the following table....
PLEASE ANSWER ALL PARTS OF THIS
QUESTION
Calculate the financing cash flows using the following table. (Round to the nearest dollar. NOTE: Input cash inflows as positive values and cash outflows as negative values.) FINANCING CASH FLOWS Financing cash flows "The firm generated positive cash flows from operations, which were more then used to invest in additional working capital and fixed assets. This resulted in negative free cash flows, which had to be covered by acquiring more money from preferred...
Complete the SOE and worksheet using the information below. Change Excess of Market over Book Values (Market - Book) Item: 12/31/2018 Machinery and Equipment -$10,000 Land $0 Buildings $0 Marketable Securities $13,000 Other Investments (local brewery) $20,000 12/31/2019 $5,000 $5,000 $10,000 $5,000 $22,000 Selected Account Balances: Current Deferred Taxes Non-current Deferred Taxes Non-real estate long-term loan balance Total Equity $2,492 $3,000 $165,000 $232,009 $1,359 $12,601 $220,000 $323,041 $91,032 Other Information: 2019 Net Income for Illini Tap was: $151,633 No capital...
eBook Question 4 Not complete Maried out of 100 p g question Cash Budget & Short-Term Financing Presented below are partial October, November, and December cash budgets for Holidays Events Loans are obtained in increments of $1,000 at the start of each month to maintain a minimum end-of-month balance of $12,000. Interest is one percent simple interest (no compounding) per month payable when the loan is repaid. Repayments are made as soon as possible, subject to the minimum end-of-month balance....
. In cash flows from financing activities, how much did the
company borrow?
6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of assets Provision for bad debts, net Non-cash stock compensa Non-cash interest...
4. In cash flows from investing activities, how much cash was
spent (net) on the cusiness acquisition? Do you recall what
business was acquired?
6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of...
How much cash flowed in as a result of net income in the first
six months of 2018.
6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of assets Provision for bad debts, net...
Cash Budget & Short-Term Financing Presented below are partial October, November, and December cash budgets for Holidays Events. Loans are obtained in increments of $1,000 at the start of each month to maintain a minimum end-of-month balance of $12,000. Interest is one percent simple interest (no compounding) per month, payable when the loan is repaid. Repayments are made as soon as possible, subject to the minimum end-of-month balance. Complete the short-term financing section of the cash budget and all missing...
How much did the company spend on dividend payments?
6 Months Ended Consolidated Statements of Cash Flows-USD (S) $ in Thousands Jun. 30, 2018 Jun. 30, 2017 CASH FLOWS FROM OPERATING ACTIVITIES: Net income Adjustments to reconcile net income to net cash provided by operating actvities: Depreciation and amortization Depreciation and amortization-marketing and reservation system Franchise agreement acquisition cost amortization Loss (gain) on disposal of assets Provision for bad debts, net Non-cash stock compensa Non-cash interest and other(income) loss Deferred...
Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash dividends from investments. 2. Paid cash for utilities. 3. Paid cash for rent. | 4. Received cash from sale of land. 5. Received cash from sale of equipment. 6. Cash paid to purchase short-term investments. | 7. Paid long-term debt with cash. 8. Received cash from short-term debt issuance 9. Received cash payments from customers. 10. Received cash interest on a note.
PLEASE ANSWER ALL PARTS OF THIS
QUESTION
Calculate the financing cash flows using the following table. (Round to the nearest dollar. NOTE: Input cash inflows as positive values and cash outflows as negative values.) FINANCING CASH FLOWS Financing cash flows "The firm generated positive cash flows from operations, which were more then used to invest in additional working capital and fixed assets. This resulted in negative free cash flows, which had to be covered by acquiring more money from preferred...
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