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What the payable days estimated from the data is closest to

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Reference no: EM132921020

Problem 1: Calculate the net debt of the company based on the information below:

Short-term interest bearing debt 3,000

Long-term interest bearing debt 25,000

Non-interest bearing liabilities 1,500

Cash and equivalents 1,200

(a) 26,800

(b) 28,000

(c) 29,500

(d) 28,300

Problem 2: What is the net present value of the project based on the information below?

Initial investment (Year 0): 20,000

Year 1 cash flow: 5,000

Year 2 cash flow: 8,000

Year 3 cash flow:12,000

Required rate of return: 8%

(a) $5,000

(b) $1,014

(c) $3,904

(d) $2,576

Problem 3: A firm generated annual revenue of $75,000 and has accounts payable of $3260. The gross profit margin is 23.2%. The payable days estimated from the data above is closest to ______.

(a) 21

(b) 13

(c) 25

(d) 39

Reference no: EM132921020

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