Finance Practical Analysis Assignment – ABC Company

QUESTION

Practical
Analysis

ABC Company’s has December unit
sales of 12,000 units. Assuming a 5%
growth, what is the projected unit sale?ABC Company’s has December unit sales of
12,000 units. Assuming a 5% growth, and
a selling price per unit of $40, what is the projected unit sales?ABC Company projects the next
period sales will be 12,000 units. ABC
Company desires ending inventory equal to 20% of the next month’s sales. What is the desired inventory?ABC Company projects the next
period sales will be 12,000 units. ABC
Company desires ending inventory equal to 20% of the next month’s sales. If the beginning inventory is 100, and the
current month’s sales are 14,000, what is the number of units that will need to
be purchased for the current month?ABC Company has sales forecasts
of the following: January = $40,000; February = $65,000; March = $52,850. All sales are on account and are collected as
follows: 20% in the current month, 50% in the month following, 25% in the second
month following, and 5% uncollectible.
What are the cash receipts for March?ABC Company has sales forecasts
of the following: February = $40,000; March = $65,000. All sales are on account and are collected as
follows: 20% in the current month, 50% in the month following, 25% in the
second month following, and 5% uncollectible.
If the total cash receipts for March equal $48,250, what is the sales
forecast for January?Assume the following
information for the month of August.
June sales = $40,000; July sales = $65,000; August sales = $52,850. All sales are on account and are collected as
follows: 20% in the current month, 50% in the month following, 25% in the
second month following, and 5% uncollectible.
T he beginning cash balance is $14,670, with cash payment of
$24,653. If the minimum cash balance is
$50,000, what is the amount needed by the bank, or how much is available to pay
towards the bank loan? Show the amount
needed as a positive number and the amount to repay a loan as a negative
number.Assume the following information
for t he month of August. June sales = $40,000; July sales = $65,000; August
sales = $52.850. All sales are on
account and are collected as follows:
20% in the current month, 50% in the month following, 25% in the second
month following, and 5% uncollectable.
The beginning cash balance is $14,670, with cash payments of
$24,653. If the minimum cash balance is
$40,000, what is the amount needed by the bank, or how much is available to pay
towards the bank loan? Show the amount needed as a positive number and the
amount to repay a loan as a negative number.ABC Company pays for
merchandise by paying cash and using credit.
Credit purchases equal 80% of the purchases. Of those purchased on credit the purchase are
paid for as follows: 60% in the current month, 35% in the month following, and
5% in the second month following. Assume
January purchases are $65,000. How much
of the January purchases are paid for in January?ABC Company pays for
merchandise entirely on credit as follows: 60% in the current month 35% in the
month following, and 5% in the second month following. Assume January purchases
are $65,000. How much of the January
purchases are paid for in January?

ANSWER:

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