Question 25, P1-3 (similar to)Part 1 of 5Cash flows It is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account and her bank loans money at 6% per year while it offers short-term investment rates of 5%. Jane's cash flows during August were as follows:a. Determine Jane's total cash inflows and cash outflows.b. Determine the net cash flow for the month of August.c. If there is a shortage, what are a few options open to Jane?d. If there is a surplus, what would be a prudent strategy for her to follow?--.a. Jane's total cash inflows are $(Round to the nearest dollar.)Data table(Click the icon here a in order to copy the contents of the data table below into aspreadsheet.)ItemCash inflowCash outflowClothes$1,200Interest received$440$480$810Dining outGroceriesSalaryAuto payment$4,600$356$290$1,240$226UtilitiesMortgageGasPrintDone

Here, Bank Loan Rate is 6% Short Term Investment Rate is 5% Other Details regarding cash flows are…

Answered: Cash flows It is typical for Jane to…

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter3: Financial Statements, Tools, And Budgets

Section: Chapter Questions

Problem 5DTM

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Week 14 Discussion: Comparing the Primary Sources and Uses of Cash A+ The statement of Cash Flows is divided into three major sections: Operating, Investing, and Financing. Of the three, which do you think is most important and why? Respond to at least two of your peers and identify a time or situation in which one of the other sections may prove to be more important or beneficial. Initial posts due on Thursday b 11.50 FCT
Assignment 1: TIME VALUE OF MONEY Objective: To further understand the concept of the time value of money. INSTRUCTIONS: In each problem, a. Translate data given in problems into their respective graphical representations - i.e. draw the correct cash flow diagram. b. Write down all pertinent given information or data on your paper. c. Calculate answers correctly. 5. A 45-year-old person wants to accumulate $750,000 by age 70. How much will she need to save each month, starting one month from now, if the interest rate is 0.5% per month?
Question 4 Abacus Bhd has entered into the following transactions after the year end and wish to know how to deal with them in a cash flow statement, as they are unsure of the meaning of the definition of cash and cash equivalents. Abacus Bhd had decided after the year end to deposit the funds with the bank in two term deposit accounts as follows: RM3 million into a 12-month term account, earning 5% interest. The cash can be withdrawn by giving 14 days’ notice but Angel will incur a penalty, being the loss of all interest earned. RM7 million into a 12-month term account earning 3% interest. The cash can be withdrawn by giving 21 days’ Interest will be paid for the period of the deposit but if money is withdrawn, the interest will be at the rate of 2%, which is equivalent to the bank’s stated rate for short-term deposits. Abacus Bhd is confident that it will not need to withdraw the cash from the higher-rate deposit within the term, but wants to keep easy access to the…
Cash Flow Statement Use table 3.3 on page 86 as a guide to create a monthly cash flow statement
Section V: SCF Question 3 Identify the following sections of the McDonald's SCF and record the amounts. Check the math by summing to the cash balance at end of year. Verify that the ending cash balance reported on the SCF is the same as reported on the balance sheet for the current year, Section Current Prior Year Second Prior Year Year Cash provided by operations? Click here to Click here to Click here to enter text. enter text. enter text. Cash used for investing activities? Click here to Click here to Click here to enter text. enter text. enter text. Cash used for financing activities? Click here to Click here to Click here to enter text. enter text. enter text. Cash and equivalents balance at end of year? Click here to Click here to Click here to enter text. enter text. enter text. D Focus lish (United States)
Required: The business needs to have a sense of its future cash flows and therefore requires the preparation of the following: a. A schedule of expected cash disbursements for accounts payable (purchases on account) for each of the months July to September.
During May. Andy had cash inflows of $550, 540, S65, and S80. He had cash outflows of $10, $30, 560, $25, $100, and $250. What is Andy's net cash flow?
Instructions: Working capital accounts are current assets and current liabilities. Of the 13 accounts listed in the question, 7 are working capital accounts, some involving an inflow of cash and some involving an outflow of cash. Make a list of the 7 working capital accounts and subdivide and subtotal your list into two categories, the number of cash inflows and the number of cash outflows during the year. (Hint - the grand total is a $12,000 outflow)
Using the information given below calculate the cash flow from financing for Year 2. Year 1 Year 2 Cash 10.0 20.0 Receivables 30.0 35.0 Net property plant and equipment 50.0 60.0 Total assets 90.0 115.0 Payables 10.0 20.0 Debt 30.0 10.0 Common stock 5.0 15.0 Retained earnings 45.0 70.0 Total liabilities and equity 90.0 115.0 Net income 32.0 48.0 Select one: (53.0) (33.0) 13.0 (13.0)
a. Prepare the expected cash collections during August.b. Prepare the expected cash disbursements during August. c. Calculate the expected cash balance on August 31.
Analyze: What were the total cash receipts during March? can you help me how to do it, please?
Instructions: Use the below bank account receipts and payments summary to create a statement of cash flows. Use the direct method and follow the format in your textbook, chapter 6. Transaction Description Date 1/1/20 Cash deposit to start business 1/1/20 Three month's rent 1/1/20 Cash register paid for 1/1/20 Store furniture paid for 1/31/20 Receipts for sales in January 2020 2/7/20 Widgets supplied in January paid for 2/25/20 Cash withdrawn for your own expenses 2/29/20 Receipts for sales in February 2020 3/15/20 Widgets supplied in February paid for 3/16/20 Store utility charges for Jan, Feb, Mar 2020 3/31/20 Receipts for sales March 2020 3/31/20 Balance in bank on March 31st 2020 Receipts 10,000 6,500 9,000 12,000 37,500 Payments 2,400 450 8,500 4,500 3,000 6,000 300 12,350 37,500

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