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Excel Solutions - Chapter 19

Excel Solutions - Chapter 19 - Chapter 19 Problems 1-17...

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Chapter 19 Problems 1-17 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green

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Chapter 19 Question 1 Input Area: Increase I Decrease D No change N Output Area: a. N b. N c. N d. D e. D f. D g. N h. D i. I j. D k. D l. N m. D n. D o. I
Chapter 19 Question 2 Input Area: Book net worth \$9,300 Long-term debt \$1,900 NWC \$2,450 Fixed assets \$2,300 Current liabilities \$1,250 Output Area: Cash \$6,450 Current assets \$10,150

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Chapter 19 Question 3 Input Area: Increase I Decrease D No change N Output Area: a. I b. I c. D d. N e. D f. N
Chapter 19 Question 4 Input Area: Increase I Decrease D No change N Output Area: Cash Cycle Operating Cycle a. I I b. I N c. D D d. D D e. D N f. I I

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Chapter 19 Question 5 Input Area: Beginning A/R \$300 a. Collection period 45 b. Collection period 60 c. Collection period 30 Q1 Q2 Q3 Q4 Sales \$800 \$760 \$940 \$870 Output Area: a. 45 -day collection period Q1 Q2 Q3 Q4 Beginning receivables \$300.00 \$400.00 \$380.00 \$470.00 Sales \$800.00 \$760.00 \$940.00 \$870.00 Cash collections \$(700.00) \$(780.00) \$(850.00) \$(905.00) Ending receivables \$400.00 \$380.00 \$470.00 \$435.00 b. 60 -day collection period Beginning receivables \$300.00 \$533.33 \$506.67 \$626.67 Sales \$800.00 \$760.00 \$940.00 \$870.00 Cash collections \$(566.67) ### \$(786.67) ### \$(820.00) ### \$(916.67) Ending receivables \$533.33 ### \$506.67 ### \$626.67 ### \$580.00 c. 30 -day collection period Beginning receivables \$300.00 \$266.67 ### \$253.33 ### \$313.33 Sales \$800.00 \$760.00 \$940.00 \$870.00 Cash collections \$(833.33) ### \$(773.33) ### \$(880.00) ### \$(893.33) Ending receivables \$266.67 ### \$253.33 ### \$313.33 ### \$290.00

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Chapter 19 Question 6 Input Area: Item Beginning Ending Inventory \$8,413 \$10,158 A/R \$5,108 \$5,439 A/P \$6,927 \$7,625 Net sales \$67,312 COGS \$52,827 Output Area: Inventory turnover 5.6892 Inventory Period 64.1567 Receivable turnover 12.7642 Receivable period 28.5956 Operating cycle 92.75 Payables turnover 7.2604 Payables period 50.2724 Cash cycle 42.48
Chapter 19 Question 7 Input Area: Collection period 34 Discount 2% Output Area: EAR 24.22%

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Excel Solutions - Chapter 19 - Chapter 19 Problems 1-17...

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