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3 years ago

Swifty Pest Control Products has the following information available:

Business

1 answer:

Mekhanik [1.2K]3 years ago

3 0

Answer:

$20,700

Explanation:

Data provided in the question:

Net Income = $25,100

Cash Provided by Operations = $32,500

Cash Sales = $64,600

Capital Expenditures = $9,600

Dividends Paid = $2,200

Now,

Swifty’ Free cash flow

= Cash Provided by Operations - Capital Expenditures - Dividends Paid

Thus,

Swifty’ Free cash flow = $32,500 - $9,600 - $2,200

Swifty’ Free cash flow = $20,700

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TL Company has expected earnings of $75 in one year if it does well and $25 if it does poorly. The firm has outstanding debt of

Juliette [100K]

Answer:$27.78

Explanation:

Expected value of debt after one year = (40* .60)+(15*.40)

= 24 + 6

=$ 30

Current value of debt = Value at 1year / (1+r)^n

= 30/ (1+.08)^1

= 30 / 1.08

=$ 27.78

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3 years ago

Marshall Inc. recently hired your consulting firm to improve the company's performance. It has been highly profitable but has be

dezoksy [38]

Answer:

148.02 days

Explanation:

The computation of the cash conversion cycle is shown below:

As we know that

Cash conversion cycle is = Days inventory outstanding + days sale outstanding - days payable outstanding

where,

Number of days inventory outstanding is

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= $75000 ÷ ($360,000 ÷ 365 days)

= 76.04 days

Number of days sales outstanding is

= Average account receivable ÷ Average sales per day

= $160,000 ÷ ($600,000 ÷ 365)

= 97.33 days

And, the number of days payable outstanding is

= Average accounts payable ÷ cost pf goods sold per day

= $25,000 ÷ ($360,000 ÷ 365)

= 25.35 days

So, the cash conversion cycle is

= 76.04 days + 97.33 days - 25.35 days

= 148.02 days

3 0

3 years ago

Suppose that the market equilibrium price for a medical check-up is $50, in a market in which there is no health insurance. To e

never [62]

Answer:

a. Price ceiling

b. see graph

c. Increases

d. Increases, decreases

Explanation:

a. Price ceiling is the maximum price or ceiling so to speak imposed by government for a particular commodity inorder to relieve purchase burden from the consumers.

b. Take note of the price ceiling in the graph attached.

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3 years ago

You take out an installment loan to purchase a fishing boat costing $3,900. You make a down payment of $1,000 and finance the ba

Mazyrski [523]

APR formula = (Finance charges/total balance) x 365

Purchase price = $3,900
Downpayment = $1,000
Total financed = $2,900
Payments (36m) = $100.53
Total amount = $3,619.08

APR formula = (Finance charges/total balance) x 365
APR = ($3619.08/2900) x 365
APR = 4.5%

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3 years ago

Data concerning Odum Corporation's single product appear below:

Len [333]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit $210.00

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Break-even point in units= 130,536/ (210 - 92.4)

Break-even point in units= 1,110 units

6 0

3 years ago