Initial project costs for net working capital

Assignment Help Finance Basics
Reference no: EM131472922

Jim's Hardware is adding a new product to its sales lineup. Initially, the firm will stock $36,000 of the new inventory, which will be purchased on 30 days' credit from a supplier. The firm will also invest $13,000 in accounts receivable and $11,000 in equipment. What amount should be included in the initial project costs for net working capital?

  • -$3,000
  • -$47,000
  • -$24,000
  • -$13,000
  • -$49,000

Reference no: EM131472922

Questions Cloud

Why leaders need emotional intelligence to manage workforce : Suggest two to three reasons why leaders' need emotional intelligence to manage today's workforce. Explore the elements of emotional intelligence.
What are the changes in the economy : What are the changes in the economy when it comes to the following theories, expectations, liquidity, market segmentation, and preferred habitat?
Deviation and cofficient of variation : Magee Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm
Illustrate the case of standard finance company ltd v ellis : Betty Ellis and her husband, W. G. Ellis, issued a promissory note to the Standard Finance Co. in the amount of $2,800. After receiving the note.
Initial project costs for net working capital : What amount should be included in the initial project costs for net working capital?
Discuss about the capital expenditures : Decisions involving capital expenditures often require managers to weight the costs and benefits of different options related to the same goal or project.
Fixed selling and administrative costs : How many phones must be sold to achieve break even point?
Solve the case of barnes v park place homes : Barnes received a promissory note from Park Place in the amount of $34,400, payable on or before January 1, 1973. Three officers of the corporation indorsed.
What will the cash flows for this project be : What will the cash flows for this project be? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)

Reviews

Write a Review

Finance Basics Questions & Answers

  After 16 years 100 shares of stock originally purchased for

after 16 years 100 shares of stock originally purchased for 1000 was sold for 7000. what was the yield on the

  Create an equally weighted portfolio of five computer

create an equally weighted portfolio of five computer software stocks. is such a portfolio a diversified portfolio?

  Compute the forward discount or premium

Evaluate the forward discount or premium for the Mexican peso whose 90-day forward rate is $.102 and spot rate is $.10. State whether your answer is a discount or premium.

  Determining the expected starting salary

However, if you don't make the cut then you will work at a fast food outlet for $40,000 per year. What is your expected starting salary?

  The amount the asset is carried at in the accounting record

A company disposes of equipment that it no longer uses in its business. The amount received by the company is more than the amount the asset is carried at in the accounting records. The company will report a(n)

  In which ratios would each group be most interested

If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, in which ratios would each group be most interested, and for what reasons?

  What is mrp5 minus mrp2

If 2-year and 5-year Treasury notes both yield 10%, what is the difference in the maturity risk premiums (MRPs) on the two notes; that is, what is MRP5 minus MRP2? Round your answer to two decimal places.

  Sponsorship opportunities

Why should some sponsorship opportunities be declined regardless of revenues?

  Methods of using stocks and options

Determine two to three (2-3) methods of using stocks and options to create a risk-free hedge portfolio can be created. Support your answer with examples of these methods being used to create a risk-free hedge portfolio.

  Determine comprehensive goals for a bpm project

It is time to launch. The Launch Pad phase is where the project is scoped, established, and launched. It is important to understand the role of communication and engagement because it will help determine comprehensive goals for a BPM project.

  Roi analysis using dupont model

Charlie's Furniture Store has been in business for several years. The firm's owners have described the store as a high-price, highservice?

  Mean number of customers using self-checkout system

Is it reasonable to conclude that the mean number of customers using the self-checkout system is more than 100 per day? Use the .05 significance level.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd