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Unformatted text preview: ti n Ques o 8 10 out of10 points Table 4.3 The financial analyst for Sportif, Inc. has compiled sales and disbursement estimates for the coming months of January through May. Historically, 75 percent of sales are for cash with the remaining 25 percent collected in the following month. The ending cash balance in January is \$3,000. Mall}: Spati f, Inc. Disbursements Sales January 5 5,030 \$6.01) February 6,030 57,000 March 10.000 \$4.000 April 1000) \$5,000 Ma&quot; 10.00) \$5,000 The total cash receipts for April are . (See Table 4.3) Selected Answer: 0 \$10,000 Correct Answer: a \$10,000 ti n Ques o 9 10 out of10 points Calculate net operating profit after taxes (NOPAT) if a firm has sales of \$1,000,000, operating profit (EBIT) of \$100,000, interest expense of \$50,000, and a tax rate of 30%. Selected Answer: a \$70,000 Correct Answer: 0 \$70,000 ' n1 Questlo 0 0 out of 10 points In the month of August, a firm had total cash receipts of \$10,000, total cash disbursements of \$8,000, depreciation expense of \$1,000, a minimum cash balance of \$3,000, and a beginning cash balance of \$500. At the end of August, the firm . Selected Answer: 0 required total financing of \$2,500 Correct Answer: a required total financing of \$500 Fridav. May 24. 2019 2:09:59 PM CDT ...
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