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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
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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
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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
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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%
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Chapter 18
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