Week Three

1. soulfulness Assignment: chore Set I & grunter color; imagery: Foundations of Financial heed • sleep with the following problem sets: o Problem P4-20 (Ch. 4) o Problem P5-2 (Ch. 5) o Problem P7-3 & P7-20 (Ch. 7) • Submit the problem sets to your instructor. 2. Individual Assignment: Cash Management Paper • sic a 700- to 1,050-word paper in which you character the following: o Comp ar and contrast various capital management techniques. o Comp are and contrast the various methods of short-term financing. Chapter 4 20. Juan’s Taco Company has restaurants in five college towns. Juan wants to balloon into capital of Texas and College Station and needs a bank contribute to do this. Mr. Bryan, the banker, will finance construction if Juan can gratuity an agreeable three- calendar calendar month financial plan for January through butt. intere st are echt and forecasted bargains figures: Additional Actual Forecast info November $120,000 January $190,000 April forecast $230,000 December 140,000 February 210,000 March 230,000 Of Juan’s gross sales, 30 pct are for exchange and the remain 70 part are on credit.

Of credit sales, 40 per centum are stipendiary in the month after sale and 60 percent are paid in the second month after the sale. Materials cost 20 percent of sales and are paid for in cash. Labor outgo is 50 percent of sales and is in any case paid in the month of sales. marketing and administrative expense is 5 percent of sales and is also paid in the month of sales. Overhe! ad expense is $12,000 in cash per month; depreciation expense is $25,000 per month. Taxes of $20,000 and dividends of $16,000 will be paid in March. Cash at the beginning of January is $70,000, and the stripped desired cash balance is $65,000. For January, February, and March, prepare a agendum of monthly cash receipts, monthly cash payments, and a pad monthly cash compute with borrowings and repayments....If you want to get a full essay, order it on our website: OrderCustomPaper.com

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