CH16 - Q1 Q2 Q3 Q4 Beg Receivables 240 320 346.6 7 406.6 7...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1. 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 2. Cash = (62,000 + 55,000 + 6,800) – 21,800 – 91,600 Cash = 10,400 NWC = 21,800 + 10,400 NWC = 32,200 CA = 32,200 + 6,800 CA = 39,000 3. a. I b. I c. D d. N e. D f. N 4. Cash Operating Cycle a. I I b. I N c. D D d. D D e. D N f. I I 5. a. (90-45)/90 = 1/2 Q1 Q2 Q3 Q4 Beg Receivables 240 240 260 305
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Sales 480 520 610 760 Cash Collections (480) (500 ) (565 ) (685 ) End Receivables 240 260 305 380 b. (90-60)/90 = 1/3
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Q1 Q2 Q3 Q4 Beg Receivables 240 320 346.6 7 406.6 7 Sales 480 520 610 760 Cash Collections (400) (493.33 ) (550) (660) End Receivables 320 346.67 406.6 7 506.6 7 c. (90-30)/90 = 2/3 Q1 Q2 Q3 Q4 Beg Receivables 240 160 173.3 3 203.3 3 Sales 480 520 610 760 Cash Collections (560) (506.67 ) (580) (710) End Receivables 160 173.33 203.3 3 253.3 3...
View Full Document

Page1 / 2

CH16 - Q1 Q2 Q3 Q4 Beg Receivables 240 320 346.6 7 406.6 7...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online