How much net working capital does the firm need to fund

Assignment Help Financial Econometrics
Reference no: EM13329466

Dandee Lions, Inc., has a cash balance of $97,000, accounts payable of $212,000, inventory of $195,000, accounts receivable of $311,000, notes payable of $57,000, and accrued wages and taxes of $71,000.

How much net working capital does the firm need to fund?

Reference no: EM13329466

Questions Cloud

What is the period of the wheels motion : A bicycle wheel of radius 0.6 m is spinning at a rate of 120 revolutions per minute. What is the period of the wheel's motion
Develop a feasible marketing plan : In this Session Long Project, work as a marketing consultant to develop a feasible marketing plan for your client. Conduct both secondary (search secondary sources) and primary research (interview customers or conduct surveys) in order to glean the n..
Determine what will be the firms cash cycle of goods : Suppose that LilyMac Photography has annual sales of $234,000, cost of goods sold of $169,000, average inventories of $4,900, average accounts receivable of $25,800, and an average accounts payable balance of $7,400.
What is jasons top speed : Jason takes off from rest across level water on his jet-powered skis. The combined mass of Jason and his skis is 75 kg, What is Jason's top speed
How much net working capital does the firm need to fund : Dandee Lions, Inc., has a cash balance of $97,000, accounts payable of $212,000, inventory of $195,000, accounts receivable of $311,000, notes payable of $57,000, and accrued wages and taxes of $71,000.
What distance does it travel along the ramp : A spring is used to propel a 0.400-kg hockey puck across level (frictionless) ice that becomes a rough (not frictionless) ramp inclined at 27°. If the puck reaches a maximum vertical height of 14 cm on the ramp, what distance does it travel along t..
What will be the optimal cash replenishment level : Rose Axels faces a smooth annual demand for cash of $5.11 million, incurs transaction costs of $274 every time the company sells marketable securities, and can earn 4.2 percent on its marketable securities.
What is its wacc if equity is given of total capital : Micro Spinoffs, Inc., issued 20-year debt a year ago at par value with a coupon rate of 5%, paid annually. Today, the debt is selling at $1,380. The firm's tax bracket is 20%.
Obtain the amplitude of the wave : A sinusoidal wave travels along a stretched string. A particle on the string has a maximum velocity of 0.800m/s, What is the amplitude of the wave

Reviews

Write a Review

Financial Econometrics Questions & Answers

  What was the receivables turnover during the past year

Pujols Lumber Yard has a current accounts receivable balance of $441,516. Credit sales for the year just ended were $7,058,320. What is the receivables turnover

  Determine what is geometric return over the period

Your grandfather invested $1,000 in a stock 27 years ago. Currently the value of his account is $226,000. What is his geometric return over this period

  Calculate the expected exchange rate

Use a properly labelled IS-LM graph to analyze and illustrate the effect and calculate the expected exchange rate for the end of the year.

  What is the yield that trevor would earn by selling the bond

Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $966.60. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,072.79

  What was the average risk premium over the period

Calculate the arithmetic average returns for large-company stocks and T-bills over this period. Calculate the observed risk premium in each year for the large-company stocks versus the T-bills.

  Determine how much debt was outstanding per share

Stewart Inc.'s latest EPS was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt ratio was 46%. How much debt was outstanding

  Determine what is the portfolios beta in a stock

Your investment club has only two stocks in its portfolio. $20,000 is invested in a stock with a beta of 0..7, and $35,000 is invested in a stock with a beta of 1.3. What is the portfolio's beta

  What is the present value of bond that matures in 2 years

What's the present value of a $1,000 bond that matures in 2 years and pays coupons at the rate of 2% per eyar> ( one coupon every 6 months) Assume that the risk free interest rate is 3% throughout the 3 year period.

  What are pats first weeks deductions for social security

Pat Maninen earns a gross salary of $2,100 each week. Assume a rate of 6.2% on $106,800 for Social Security and 1.45% for Medicare. What are Pat's first week's deductions for Social Security and Medicare

  What is the discount yield on the commercial paper

You can buy commercial paper of a major U.S. corporation for $975,000. The commercial paper has a face value of $1,000,000 and is 107 days from maturity. What is the discount yield on the commercial paper

  How do you create or decrease leverage

What is leverage, how do you create or decrease leverage and why is leverage used?

  Determine what annual interest rate is the firm paying

Your company borrows $55,000 today to funds its growth initiatives. It must repay the bank in 4 annual payments of $17,100 at the end of each year. What annual interest rate is your firm paying

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd