What are the cash flows at the beginning

Assignment Help Accounting Basics
Reference no: EM133127882

Question - You are the CFO of a company which is considering whether it's worth while to speed up collections of account receivables to reduce the cash conversion cycle. This is the current situation in your company:

Expects annual sales = 1 billion

80% of these sales are received immediately and the rest 20% after one year.

You are considering whether it's worth to demand quicker payment from customers. You estimated that you can collect 90% of annual sales immediately if you lower prices by a certain amount. As a result of these discounts, your expected annual sales will decrease by 2% to 980 million a year.

To solve thus question, assume that there are no costs and no taxes. Thus, sales are equal to profits. In addition, there are no receivables to collect at the beginning of the first year.

If you decide to implement the change (90% collected immediately), what are the cash flows at the beginning and end of first year?

Reference no: EM133127882

Questions Cloud

What are some of the alternatives to operating revenues : What are some of the alternatives to operating revenues? What are some of the advantages and disadvantages of alternatives
Journalize the entries to record depreciation : Assuming that the equipment was sold on July 1, 2017, for $96,700, journalize the entries to record (1) depreciation for the six months until the sale date
Calculate the weighted average contribution margin per unit : Assume the sales mix remains the same at all levels of sales. Calculate the weighted average contribution margin per unit
How much lower would the annual cost be : If X purchases 1000 kg each time, how much lower would the annual cost be if X would now follow the EOQ model
What are the cash flows at the beginning : If you decide to implement the change (90% collected immediately), what are the cash flows at the beginning and end of first year
What is the amount of interest revenue : What is the amount of Interest Revenue that will be reported on Empire's income statement for the year ended December 31, 2021
Determine the stock peg ratio : Determine the stock's PEG ratio, given that the company's earnings have been growing at an average annual rate of 7.5%
Determine whether the depreciation of the machine will lead : The Machine was acquired on 1 July 2018 at the cost of $800,000. Determine whether the depreciation of the Machine will lead to a deferred tax asset
Provide the necessary journal entries that would be made : Provide the necessary journal entries that would be made in the books of XYZ Ltd to account for the above transaction for the year ending 30 June 2020

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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