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FCF 9th edition Chapter 18

FCF 9th edition Chapter 18 - Chapter 18 Problems 1-18 Input...

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Chapter 18 Problems 1-18 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-in" be installed in Excel. To install these, click on "Tools|Add-Ins" and select "Analysis ToolPak" and "Solver Add-In."

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Chapter 18 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 18 Question 2 Input Area: Book net worth \$10,380 Long-term debt \$7,500 NWC other than cash \$2,105 Fixed assets \$15,190 Current liabilities \$1,450 Output Area: Total L&E \$19,330 Cash \$2,035 NWC \$4,140 Current assets \$5,590

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Chapter 18 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 18 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 18 Question 5 Input Area: Beginning A/R \$360 a. Collection period 45 b. Collection period 60 c. Collection period 30 Q1 Q2 Q3 Q4 Sales \$790 \$740 \$870 \$950 Output Area: a. 45 -day collection period Q1 Q2 Q3 Q4 Beginning receivables \$360.00 \$395.00 \$370.00 \$435.00 Sales \$790.00 \$740.00 \$870.00 \$950.00 Cash collections \$(755.00) \$(765.00) \$(805.00) \$(910.00) Ending receivables \$395.00 \$370.00 \$435.00 \$475.00 b. 60 -day collection period Beginning receivables \$360.00 \$526.67 \$493.33 \$580.00 Sales \$790.00 \$740.00 \$870.00 \$950.00 Cash collections \$(623.33) ### \$(773.33) ### \$(783.33) ### \$(896.67) Ending receivables \$526.67 ### \$493.33 ### \$580.00 ### \$633.33 c. 30 -day collection period Beginning receivables \$360.00 \$263.33 ### \$246.67 ### \$290.00 Sales \$790.00 \$740.00 \$870.00 \$950.00 Cash collections \$(886.67) ### \$(756.67) ### \$(826.67) ### \$(923.33) Ending receivables \$263.33 ### \$246.67 ### \$290.00 ### \$316.67
Chapter 18 Question 6 Input Area: Item Beginning Ending Inventory \$9,780 \$11,380 A/R \$4,108 \$4,938 A/P \$7,636 \$7,927 Net sales \$89,804 COGS \$56,384 Output Area: Inventory turnover 5.3293 Inventory Period 68.4893 Receivable turnover 19.8550 Receivable period 18.3833 Operating cycle 86.87 Payables turnover 7.2459 Payables period 50.3733 Cash cycle 36.50

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Chapter 18 Question 7 Input Area: Collection period 32 Discount 1.50% Output Area: Preiods in a year 11.4063 EAR 18.81%
Chapter 18

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