Credit line from which you can borrow right now

Assignment Help Financial Management

Reference no: EM13941439

Your company is out of cash at the end of 2014. You have a credit line from which you can borrow right now. You have calculated your capital cash flows will be –270,000 for 2015. You will borrow now to cover your cash needs for both operations and interest for 2015. You will only borrow once right now in 2014. You have no other debt besides what you are borrowing on your credit line and your cash flow to equity holders will be 0 for 2015. How much do you need to borrow right now in order to cover your cash needs if the interest rate is 10%?

Reference no: EM13941439

Questions Cloud

Workers will you hire to maximize profits : 1. Given that the current wage is $110 and the price of output (Q) is equal to $3.00, complete the table on your exam sheet.Fill in the following table.

Problem regarding the business ethics briefing : Read the business ethics briefing, Tax Avoidance as an Ethical Issue for Business and answer all parts of the question below. The total word limit is 850. Drawing on insights from the four viewpoints listed below, discuss the issue of taxation as ..

Stage of strategic alliances with businesses : Two of the major introductions of change in the past two years were Thomas Cook introducing its e-commerce platform and entering a stage of strategic alliances with businesses around the world rather than one of merger and acquisition.

How did china losses in opium wars affect rising dominance : How did China's losses in the Opium Wars affect the rising dominance of European powers in East Asia?

Credit line from which you can borrow right now : Your company is out of cash at the end of 2014. You have a credit line from which you can borrow right now. You have calculated your capital cash flows will be –270,000 for 2015. You have no other debt besides what you are borrowing on your credit li..

Difference in the moral practices of different societies : In your own opinion and thoughts, how much do you think moral thinking is simply the product of our society - Are there any widely accepted beliefs and practices in our society that you think might actually be mistaken?

Create the java source code files for the classes listed in : Create an abstract base class, Animal. The single constructor requires a String to indicate the type of animal, which then is stored in an instance variable.

Post a brief summary of the main claims of the article : After you read your article, post a brief summary of the main claims of the article, What were your first impressions of the science used to support the claim? Is the evidence convincing in the article, or is there something that seems troubling t..

User Account

All Pages