What will be the firm operating cycle

Assignment Help Financial Management
Reference no: EM131987264

1. You buy a TIPS at issue at par for $1,000. The bond has a 3.1% coupon. Inflation turns out to be 2.1%, 3.1%, and 4.1% over the next 3 years. The total annual coupon income you will receive in year 3 is________

2. Suppose that LilyMac Photography has annual sales of $324,000, cost of goods sold of $164,000, average inventories of $4,400, and average accounts receivable of $24,900. Assume that all of LilyMac’s sales are on credit. What will be the firm’s operating cycle? (Use 365 days a year. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Reference no: EM131987264

Questions Cloud

Would you have voted with the majority : For this paper, you will attend a city or county council/commission meeting and present its topics, relevant discussion, and outcome.
Write an essay about sculptures of ancient india and greece : Write a 3-4 page essay about Sculptures of Ancient India and Greece. Compare Sculptures of Ancient India and Greece. Sculptures of Ancient India and Greece.
What must be the current spot rate for USD and BRL : The forward premium on the Brazilian real (BRL) is 8.7%, and the 1 year forward rate is 0.43 USD/BRL. What must be the current spot rate for USD/BRL?
Can new employees change a company culture : Change is a significant part of today's work environment. But, change is often difficult and problematic for employees.
What will be the firm operating cycle : Assume that all of LilyMac’s sales are on credit. What will be the firm’s operating cycle?
Can new employees change a company culture : Change is a significant part of today's work environment. But, change is often difficult and problematic for employees.
Would you have voted with the majority : For this paper, you will attend a city or county council/commission meeting and present its topics, relevant discussion, and outcome.
Would you have voted with the majority : For this paper, you will attend a city or county council/commission meeting and present its topics, relevant discussion, and outcome.
What is a risk register and what information does it contain : RSK80003 - Risk Perception and Analysis - What is a risk register and what information does it contain - Why is there a need to distinguish between general risk

Reviews

Write a Review

Financial Management Questions & Answers

  How is the cash ratio calculated

How is the cash ratio calculated?

  What is the value of the embedded call option

Assume that the 3-year 4.5% bond is callable in Year 1 at (101) and in Year 2 at par. The call rule is to call whenever the price exceeds the call price. Calculate the value of the bond with the embedded option. What is the value of the embedded call..

  Assume that acaps equity cost of capital

Suppose Acap Corporation will pay a dividend of $2.75 per share at the end of this year and $3.09 per share next year. You expect Acap's stock price to be $53.54 in two years. Assume that Acap's equity cost of capital is 10.5%. What price would you b..

  How market liquidity and efficiency impact financial manager

Include how market liquidity, competitiveness, and efficiency impact financial managers. The paper should be formatted according to APA style . Be sure to properly cite your two required articles resources using APA style.

  What is value of firm if you ignore taxes-share price based

Pewter & Glass is an all equity firm that has 80,000 shares of stock outstanding. The company is in the process of borrowing $250,000 at 9 percent interest to repurchase 25,000 shares of the outstanding stock. What is the value of this firm if you ig..

  What is the target stock price in five years

In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five years or so, then find the “terminal” stock price using a benchmark PE ratio. Suppose a company just paid a dividend of $1...

  Reduce conflicts of interest between stockholders-managers

Which of the following actions would be likely to reduce conflicts of interest between stockholders and managers?

  What is a mortgage-backed security

What is a mortgage-backed security?

  What is this bond time to maturity

A bond issued by a corporation on May 1, 1999 is scheduled to mature on May 1, 2034. If today is May 2, 2009, what is this bond's time to maturity?

  The equipment will be depreciated straight line

Better Mousetraps has developed a new trap. It can go into production for an initial investment in equipment of $6.3 million. The equipment will be depreciated straight line over 6 years to a value of zero, but in fact it can be sold after 6 years fo..

  Identify changes in krogers financial condition

Compare the sustainable growth rate to it sactual growth rate each year and, if different, identify changes in Kroger's financial condition each year that explain the differences in growth rates.

  The agreement called for the company to receive payment

Prepare the journal entries on June 30, 2011, to record the interest and necessary adjustments for changes in fair value. Use the extended method demonstrated in Illustration A-2.

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