JohnBoy Industries has a cash balance of $38,000, accounts payable of $118,000, inventory of $168,000, accounts receivable of $203,000, notes payable of $113,000, and accrued wages and taxes of $33,500.
How much net working capital does the firm need to fund?
Net working capital funding need
2.
award: 5 out of 5.00 points
Sow Tire, Inc., has sales of $1,452,000 and cost of goods sold of $982,000. The firm had a beginning inventory of $97,200 and an ending inventory of $83,000.
What is the length of the days’ sales in inventory?(Use 365 days a year. Use ending inventory rather than average inventory. Round your answer to 2 decimal places.)
Days’ sales in inventory
3.
award: 5 out of 5.00 points
Compute the IRR static for Project E. The appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project E
Time:
0
1
2
3
4
5
Cash flow
–$3,200
$950
$930
$820
$600
$400
IRR
Should the project be accepted or rejected?
4.
award: 5 out of 5.00 points
Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project M
Time:
0
1
2
3
4
5
Cash flow
–$1,600
$470
$600
$640
$720
$220
NPV
Should the project be accepted or rejected?…
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JohnBoy Industries has a cash balance of $38,000, accounts payable of $118,000, inventory of $168,000, accounts receivable of $203,000, notes payable of $113,000, and accrued wages and taxes of $33,500.
How much net working capital does the firm need to fund?
Net working capital funding need
2.
award: 5 out of 5.00 points
Sow Tire, Inc., has sales of $1,452,000 and cost of goods sold of $982,000. The firm had a beginning inventory of $97,200 and an ending inventory of $83,000.
What is the length of the days’ sales in inventory?(Use 365 days a year. Use ending inventory rather than average inventory. Round your answer to 2 decimal places.)
Days’ sales in inventory
3.
award: 5 out of 5.00 points
Compute the IRR static for Project E. The appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project E
Time:
0
1
2
3
4
5
Cash flow
–$3,200
$950
$930
$820
$600
$400
IRR
Should the project be accepted or rejected?
4.
award: 5 out of 5.00 points
Compute the NPV for Project M if the appropriate cost of capital is 8 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)
Project M
Time:
0
1
2
3
4
5
Cash flow
–$1,600
$470
$600
$640
$720
$220
NPV
Should the project be accepted or rejected?…
Previous answers to this question
This is a preview of an assignment submitted on our website by a student. If you need help with this question or any assignment help, click on the order button below and get started. We guarantee authentic, quality, 100% plagiarism free work or your money back.
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