.
award:
0 out of
5.00 points
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.) |
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 |
|
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 |
|
Should the project be accepted or rejected?… |