Chapter 19

Problems 5,6,14
Input boxes in tan
Output boxes in yellow
Given data in blue
Calculations in red
Answers in green
Chapter 19
Question 5
Input Area:
Beginning A/R
a. Collection period
b. Collection period
c. Collection period
Q1 Q2 Q3 Q4
Sales
Output Area:
a. - -day collection period
Q1 Q2 Q3 Q4
Beginning receivables - $ - $ - $ - $
Sales - $ - $ - $ - $
Cash collections - $ - $ - $ - $
Ending receivables - $ - $ - $ - $
b. - -day collection period
Beginning receivables - $ - $ - $ - $
Sales - $ - $ - $ - $
Cash collections - $ - $ - $ - $
Ending receivables - $ - $ - $ - $
c. - -day collection period
Beginning receivables - $ - $ - $ - $
Sales - $ - $ - $ - $
Cash collections - $ - $ - $ - $
Ending receivables - $ - $ - $ - $
Chapter 19
Question 6
Input Area:
Item Beginning Ending
Inventory
A/R
A/P
Net sales
COGS
Output Area:
Inventory turnover #DIV/0!
Inventory Period #DIV/0!
Receivable turnover #DIV/0!
Receivable period #DIV/0!
Operating cycle #DIV/0!
Payables turnover #DIV/0!
Payables period #DIV/0!
Cash cycle #DIV/0!
Chapter 19
Question 14
Input Area:
Sales (1st quarter of next year)
A/R
Collection period
% of purchases for next Q sales
Suppliers paid
% of sales for expenses
Interest and dividends
Outlay in second Q
Beginning cash balance
Minimum balance (in thousands)
Borrowing rate
Invested securities
Beginning short-term borrowing
Q1 Q2 Q3 Q4
Sales (in millions)
Output Area:
45-day collection period means sales collectiond = 1/2 current sales + 1/2 old sales
36-day payables period means payables = 3/5 current orders + 2/5 old orders
Q1: Cash flow - $
Q2: Cash flow - $
Q3: Cash flow - $
Q4: Cash flow - $
Q1 Q2 Q3 Q4
Beginning cash balance - $ - $ - $ - $
Net cash inflow - $ - $ - $ - $
Ending cash balance - $ - $ - $ - $
Minimum cash balance - $ - $ - $ - $
Cumulative surplus (deficit) - $ - $ - $ - $
Beginning cash balance - $ - $ - $ - $
Net cash inflow - $ - $ - $ - $
New short-term investments - $ - $ - $ - $
Income on short-term investments - $ - $ - $ - $
Short-term investments sold - $ - $ - $ - $
New short-term borrowing - $ - $ - $ - $
Interest on short-term borrowing - $ - $ - $ - $
Short-term borrowing repaid - $ - $ - $ - $
Ending cash balance - $ - $ - $ - $
Minimum cash balance - $ - $ - $ - $
Cumulative surplus (deficit) - $ - $ - $ - $
Beginning short-term investments - $ - $ - $ - $
Ending short-term investments - $ - $ - $ - $
Beginning short-term debt - $ - $ - $ - $
Ending short-term debt - $ - $ - $ - $
Q1: shortage of funds at start of quarter of $0.00 costs $0.00 in interest.
Q2: shortage of funds at start of quarter of $0.00 costs $0.00 in interest.
Q3: shortage of funds at start of quarter of $0.00 costs $0.00 in interest.
Q4: shortage of funds at start of quarter of $0.00 costs $0.00 in interest.
Net cash cost
Q1 - $
Q2 - $
Q3 - $
Q4 - $
Cash generated by short-term financing - $
Cash Balance
Short-term Financial Plan