A flexible short-term financial policy: Increases shortage costs due to frequent cash-outs. Incurs more carrying costs...
|
A flexible short-term financial policy: |
| Increases shortage costs due to frequent cash-outs. |
| Incurs more carrying costs than a restrictive policy. |
| Requires only a minimum investment in current assets. |
| Maximizes cashouts. |
| Tends to decrease sales as compared to a restrictive policy. |
Homework Answers
Answer: Incurs more carrying costs than a restrictive policy.
Explanation:
A flexible short-term financing policy features:
*high ratio of current assets to sales
*use of more long term debt than short-term debt.
Add Answer to:
A flexible short-term
financial policy:
Increases
shortage costs due to frequent cash-outs.
Incurs more
carrying costs...
Which one of the following is most indicative of a restrictive short-term financial policy? Group of...
Which one of the following is most indicative of a restrictive short-term financial policy? Group of answer choices Relatively low ratio of short-term debt to total debt Relatively high levels of cash and marketable securities Relatively high levels of accounts receivable Relatively high levels of current assets to sales Relatively low levels of inventory
7) To develop financial goals, one should A) Set several general goals for the short-term B)...
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Refer to the following financial statements
and answer the following questions
hints:-
13. cash provided (used) by operating activities, investing
activities, and financing activities. 14. cash-based net income.
15. estimate of uncollectible accounts receivable. 16. calculate
and interpret accounts receivable ratio (most recent and prior
period).
hints:-
2:12 PM Wed Apr 15 39%). A 51.04cdn.com PART II NIKE, Inc. Consolidated Statements of Income in mWors, except per share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead...
Create These budgets: -selling and administrative expense budget -cash budget include a schedule of cash collections...
Create These budgets:
-selling and administrative expense budget
-cash budget include a schedule of cash collections and
payments
-finished goods inventory calculation
Then, Create the following schedules, financial statements, and
calculations
A) Pro forma cost of goods manufactured
B) Pro forma Cost of goods sold- both financial and variable
cost basis
C) Pro forma income statement (financial basis)
D) Pro forma balance sheet
E)Pro forma Income statement (variable cost basis)
F) Pro forma statement of retained earnings
G) breakeven analysis:...
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Here is the text book information, trend needs to be return on investment Calculate one financial...
Here is the text book information, trend needs to be
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7) To develop financial goals, one should A) Set several general goals for the short-term B) Not worry about whether or not the goals can be achieved based on one's income and life situation C) Identify specific, realistic goals that are measurable, and articulate a time frame and an action plan D) Only set long-term goals after short-term goals have been accomplished E) Focus on intermediate goals first 8) Opportunity cost refers to A) Evaluating different alternatives for financial decisions....
Problem 14-4A (Part Level Submission) Financial information for Messersmith Company is presented below MESSERSMITH COMPANY Balance Sheets December 31 Assets Cash Short-term investments Accounts receivable (net) Inventory Prepaid expenses Land Building and equipment (net) 2017 $92,400 68,640 129,360 165,000 38,280 171,600 237,600 $902,880 2016 $85,800 52,800 105,600 178,200 30,360 171,600 231,000 $855,360 Liabilities and Stockholders' Equit Notes payable Accounts payable Accrued liabilities Bonds payable, due 2020 Common stock, $10 par Retained earnings $132,000 55,440 52,800 198,000 264,000 153,120 $855,360 $132,000...
Refer to the following financial statements
and answer the following questions
hints:-
13. cash provided (used) by operating activities, investing
activities, and financing activities. 14. cash-based net income.
15. estimate of uncollectible accounts receivable. 16. calculate
and interpret accounts receivable ratio (most recent and prior
period).
hints:-
2:12 PM Wed Apr 15 39%). A 51.04cdn.com PART II NIKE, Inc. Consolidated Statements of Income in mWors, except per share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead...
Create These budgets:
-selling and administrative expense budget
-cash budget include a schedule of cash collections and
payments
-finished goods inventory calculation
Then, Create the following schedules, financial statements, and
calculations
A) Pro forma cost of goods manufactured
B) Pro forma Cost of goods sold- both financial and variable
cost basis
C) Pro forma income statement (financial basis)
D) Pro forma balance sheet
E)Pro forma Income statement (variable cost basis)
F) Pro forma statement of retained earnings
G) breakeven analysis:...
Problem 1: Financial Statement Ratio Analysis (40 points total) Use the following financial statements for Dell, Inc. to answer the questions which follow: BALANCE SHEET (SMil) 2017 10,298 2018 7,972 % 28.9 2019 9,092 % 34.3 40.2 Cash & Short Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Net Fixed Assets Intangibles Other Long Term Assets Total Assets 6,152 24.0 660 2.6 2,829 11.3 19.939 76.6 2,409 8.7 0 0 3,287 14.7 25,635 100.0 7,693 27.9 1,180...
February 3, 2018 January 28, 2017 ASSETS $ CURRENT ASSETS: Cash and cash equivalents Short-term investments (Notes B and C) Receivables Inventory Prepaid expenses and other assets (Note F) Total current assets 165,086 50,833 8,588 118,007 18,070 360,584 196,536 49,994 8,210 125,694 6,023 386,457 PROPERTY AND EQUIPMENT (Note D) Less accumulated depreciation and amortization 459,043 (309,497) 149,546 459,359 (290,364) 168,995 LONG-TERM INVESTMENTS (Notes B and C) OTHER ASSETS (Notes F and G) 21,453 6,533 18,092 6,303 Total assets $ 538,116...
Here is the text book information, trend needs to be
return on investment
Calculate one financial statement ratio trend within your industry that warrants improvement efforts. Make up your own. Return on Investment LO 2 Explain the importance and show the calculation of return on investment. Imagine that you are presented with two investment alternatives. Each investment will be made for one year, and each investment is equally risky. At the end of the year you will get your original...
CASE 1-5 Financial Statement Ratio Computation Refer to Campbell Soup Company's financial Campbell Soup statements in Appendix A. Required: Compute the following ratios for Year 11. Liquidity ratios: Asset utilization ratios:* a. Current ratio n. Cash turnover b. Acid-test ratio 0. Accounts receivable turnover c. Days to sell inventory p. Inventory turnover d. Collection period 4. Working capital turnover Capital structure and solvency ratios: 1. Fixed assets turnover e. Total debt to total equity s. Total assets turnover f. Long-term...
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