Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
This lab assignment will correspond to developing a cash flow budget with an operating loan. There is on lab exercise listed below. Additionally, there are two assignment questions. Please complete the lab exercise in Excel. The assignment questions can be completed by hand or in Word. You make work with one other individual (no more than two people per team). Hand in one hard copy of Lab 4 per team to the instructor AND upload your Excel file to Angel by the due date.
1. Consider you are putting together a quarterly cash flow budget at the start of January for the up-coming year (called a projected cash flow). On the following page is an incomplete cash flow budget. With the following information, complete the cash flow budget by developing an Excel spreadsheet. Use the Lab 4 Excel file provided on the Angel web site.
Use the input data worksheet in your formula for those data items given in the input data worksheet.
The year starts with a $0 operating loan balance. The operating loan is a revolving line of credit with a $300,000 maximum loan balance.
The operating loan has a 9% annual interest rate. You want a minimum of $25,000 cash available at the beginning of each quarter. At the end of each quarter, any cash available over and above $25,000 is used to pay off the outstanding operating loan. Whenever funds are used to pay interest and principal, all accrued interest is paid first with the remaining funds applied to the outstanding principal balance. In calculating interest owed on the operating loan, assume the amount borrowed in each quarter was borrowed on the first day of the first month in the quarter. Also assume that any principal and interest payment made on the operating loan is made on the last day of the last month in the quarter that the repayment is made.
2. Complete the Cash Flow spreadsheet using appropriate formulas.
Don and Harvey began operations as a partnership on October 3, 2010. The company spent $60,500 on organization costs that year. How much can the company deduct in 2010 relating to
Q. Calculation of internal rate of return? The company is accurate in its belief that NPV measures the potential increase in company value of an investment project since theore
Question 1 a. Contractual liability may be discharged in certain circumstances. Discuss. b. "An aggrieved party in a breach of contract is entitled to claim for damages"
discuss the importance of state accounting to an effective fiscal administration
Rescission of receiving order The order may be rescinded by the court if: The court has sanctioned a composition or scheme of arrangement; The debts have been paid in
Q. What do you mean by depreciation? What are the causes for depreciation? Explain the two methods of depreciation. Depreciation means a fall in the quality, quantity or value o
Q. Assembly of Financial Statements? Assembly of Financial Statements -Providing of various accounting or data-processingservices by an accountant, output of which is in the fo
The net present value has been computed for Proposals A and B. proposal A proposal B invested amount 75000 125000 total present value of cash 84000 136250 net present value 9000 11
Ask question Sean Corp. issued a $60,000, 10 year bond at the face rate of 8% annually on 1/1/X0. The market rate was 10%. How much cash will the bond investors receive at the end
#define stock exchange? mention the SEBI guideline pertaining to the functioning of stock exchange? question..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd