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
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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
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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
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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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