Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Bombs away video games corporation

11/10/2021 Client: muhammad11 Deadline: 2 Day

Corporate Finace For TOM MUTUNGA

Bombs Away Video Games Corporation has forecasted the following monthly sales:

January

$

98,000

July

$

43,000

February

91,000

August

43,000

March

23,000

September

53,000

April

23,000

October

83,000

May

18,000

November

103,000

June

33,000

December

121,000

Total annual sales = $732,000

Bombs Away Video Games Corporation

Production and inventory schedule in units

Beginning inventory

+

Production

Sales

=

Ending inventory

January

23,000

February

March

April

May

June

July

August

September

October

November

December

Bombs Away Video Games sells the popular Strafe and Capture video game. It sells for $5 per unit and costs $2 per unit to produce. A level production policy is followed. Each month's production is equal to annual sales (in units) divided by 12.

Of each month's sales, 40 percent are for cash and 60 percent are on account. All accounts receivable are collected in the month after the sale is made.

a.

Construct a monthly production and inventory schedule in units. Beginning inventory in January is 23,000 units.

b.

Prepare a monthly schedule of cash receipts. Sales in December before the planning year are $100,000.

Bombs Away Video Games Corporation

Cash Receipts Schedule

January

February

March

April

May

June

Sales

$

$

$

$

$

$

Cash receipts:

Cash sales

$

$

$

$

$

$

Prior month's credit sales

Total cash receipts

$

$

$

$

$

$

Bombs Away Video Games Corporation

Cash Receipts Schedule

July

August

September

October

November

December

Sales

$

$

$

$

$

$

Cash receipts:

Cash sales

$

$

$

$

$

$

Prior month's credit sales

Total cash receipts

$

$

$

$

$

$

Prepare a cash payments schedule for January through December. The production costs of $2 per unit are paid for in the month in which they occur. Other cash payments, besides those for production costs, are $43,000 per month.

Bombs Away Video Games Corporation

Cash Payments Schedule

Constant production

January

February

March

April

May

June

Production cost

$

$

$

$

$

$

Other cash payments

Total cash payments

$

$

$

$

$

$

Bombs Away Video Games Corporation

Cash Payments Schedule

Constant production

July

August

September

October

November

December

Production cost

$

$

$

$

$

$

Other cash payments

Total cash payments

$

$

$

$

$

$

2.

Guardian Inc. is trying to develop an asset-financing plan. The firm has $400,000 in temporary current assets and $300,000 in permanent current assets. Guardian also has $500,000 in fixed assets. Assume a tax rate of 25 percent. (Do not round intermediate calculations. Round your answers to the nearest whole number.)

Construct two alternative financing plans for Guardian. One of the plans should be conservative, with 60 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. The current interest rate is 13 percent on long-term funds and 8 percent on short-term financing. Compute the annual interest payments under each plan.

Annual Interest

Conservative

$

Aggressive

$

Given that Guardian’s earnings before interest and taxes are $280,000, calculate earnings after taxes for each of your alternatives.

Earnings After Taxes

Conservative

$

Aggressive

$

What would the annual interest and earnings after taxes for the conservative and aggressive strategies be if the short-term and long-term interest rates were reversed?

Conservative

Aggressive

Total interest

$

$

Earnings after taxes

$

$

3.

Biochemical Corp. requires $740,000 in financing over the next three years. The firm can borrow the funds for three years at 12.60 percent interest per year. The CEO decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 9.25 percent interest in the first year, 13.50 percent interest in the second year, and 10.50 percent interest in the third year. Assume interest is paid in full at the end of each year.

Determine the total interest cost under each plan.

Interest Cost

Long-term fixed-rate

$

Short-term variable-rate

$

Which plan is less costly?

Long-term fixed-rate plan

Short-term variable-rate plan

4.

Carmen’s Beauty Salon has estimated monthly financing requirements for the next six months as follows:

January

$

8,100

April

$

8,100

February

2,100

May

9,100

March

3,100

June

4,100

Short-term financing will be utilized for the next six months. Projected annual interest rates are:

January

5

%

April

12

%

February

6

May

12

March

9

June

12

What long-term interest rate would represent a break-even point between using short-term financing and long-term financing? (Round the monthly interest rate to 2 decimal places when expressed as a percent (e.g., .67%) and use this rounded rate to compute the monthly interest. Round the monthly interest to the nearest whole cent. Use the rounded monthly interest amounts to compute the total interest for the 6-month period. Input your answer as a percent rounded to 2 decimal places.)

Interest rate

%

5.

Assume that Hogan Surgical Instruments Co. has $2,700,000 in assets. If it goes with a low-liquidity plan for the assets, it can earn a return of 15 percent, but with a high-liquidity plan, the return will be 11 percent. If the firm goes with a short-term financing plan, the financing costs on the $2,700,000 will be 7 percent, and with a long-term financing plan, the financing costs on the $2,700,000 will be 9 percent.

Compute the anticipated return after financing costs with the most aggressive asset-financing mix.

Anticipated return

$

Compute the anticipated return after financing costs with the most conservative asset-financing mix.

Anticipated return

$

Compute the anticipated return after financing costs with the two moderate approaches to the asset-financing mix

Anticipated Return

Low liquidity

$

High liquidity

$

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Engineering Help
Coursework Assignment Help
Calculation Guru
Instant Assignments
Helping Engineer
Accounting & Finance Mentor
Writer Writer Name Offer Chat
Engineering Help

ONLINE

Engineering Help

Give me a chance, i will do this with my best efforts

$27 Chat With Writer
Coursework Assignment Help

ONLINE

Coursework Assignment Help

I have read your project details. I can do this within your deadline.

$28 Chat With Writer
Calculation Guru

ONLINE

Calculation Guru

I have read and understood all your initial requirements, and I am very professional in this task.

$22 Chat With Writer
Instant Assignments

ONLINE

Instant Assignments

I have read and understood all your initial requirements, and I am very professional in this task.

$45 Chat With Writer
Helping Engineer

ONLINE

Helping Engineer

Give me a chance, i will do this with my best efforts

$27 Chat With Writer
Accounting & Finance Mentor

ONLINE

Accounting & Finance Mentor

I have read and understood all your initial requirements, and I am very professional in this task.

$33 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Hana's suitcase chapter summary - Centrelink authority to release personal information - Glacier's edge air mattress review - How to calculate fe from fe2o3 - Grouping ell students based on proficiency - Ethical systems table - How to calculate efn - Assignment - English - How do mountains form - CASES CASE 35 CIRQUE DU SOLEIL* The founder of Cirque du Soleil, Guy Laliberté, after see- ing the firm’s growth prospects wane in recent years, was thinking about expanding his firm in new directions. For three decades, the firm had reinvented and revolutionized the circus. From its beginning in 1984, Cirque de Soleil had thrilled over 150 million spectators with a novel show concept that was as original as it was nontraditional: an astonishing theatrical blend of circus acts and street enter- tainment, wrapped up in spectacular costumes and fairy- land sets and staged to spellbinding music and magical lighting. Cirque du Soleil’s business triumphs mirrored its high- flying aerial stunts, and it became a case study for business school journal articles on carving out unique markets. But following a recent bleak outlook report from a consultant, a spate of poorly received shows over the last few years, and a decline in profits, executives at Cirque said they were now restructuring a - Starbucks drink making guide - In cylinder pressure transducer - 500 words paper comparing the generic three-tier web application architecture to that applied by Amazon Web Services. - Griffith award for academic excellence - Rowan glen smoothy yogurt - Unit VII Assignment - Gasoline thermal expansion calculator - Project:network security - Effect of light on ldr - An introduction to functional grammar 1994 - Coke and mentos facts - Questions and answers to bus 599 strategic management peregrine exam - Discussion Question - Royal dick school of veterinary studies - Cargill sioux city bean bid - Accounts payable control account format - Adrp 6 0 army pubs - Write a program that scores a blackjack hand - One step equations with fractions worksheet - One night in the summer of 1985 sat answers - 4330 n civic center plaza suite 100 scottsdale az 85251 - Logging service palo alto - Analysis of copper in a brass sample - Chapter 2 - Case - Caution wear iron grip snugger fit walmart - Young buck cheese stockists - Class One: Part One - One characteristic of plant assets is that they are - Prospective short circuit current formula - HR case study - Multipliers cliff notes - Ions and their charges - Leo hulseman net worth - L occitane garden city - Caars observer short version - Peer Leadership Case study - Amenable research topic to scientific study in qualitative approach - Automobile service center project report - Need assistance with my cover letter editing - Quiz - What is dark humour - Cryptography - Onedrive invite friends - Electrical blueprint reading classes - Which of the following statements is not true concerning field research? - Composition and rhetoric - Preguntas answer the questions affirmatively using complete sentences - Types of smps topologies - Free response - Where do the mermaids stand laura sells - Penn foster building relationships exam answers - Gottman relationship checkup questions - Define transaction demand for money - Pros and cons of internal and external growth strategy - Sustainable business practices ppt - Forgetting in psychology ppt - Disclosure notes in financial statements - Basic stamp editor for mac - Phd university of cumberlands - Human cardiovascular physiology blood pressure and pulse determinations - Circular causality family therapy - Short answer - Zappos ceo tony hsieh leadership style - Dead poets society notes - Ionic bonding in lithium fluoride - Biomes and aquatic ecosystems - Appealing to Audiences - Aoa network diagram examples - Fire hydrant box checklist - Penn foster information literacy lesson 1 exam answers - Ham radio outlet sunnyvale - Diagram of a fold mountain - Hrm practices of apple company - What is the magnitude of the electron's acceleration - Health and policy classmate responses - Relationship between sociology and social policy - Ikea global standardization strategy - How to predict products of electrolysis - Compensable factors and defined degrees - 2/5 tingira place semaphore park - Where is koretrak watch made - 4-bit adder truth table - Fischer connector assembly instructions - The crown of diamonds sherlock holmes summary - Ugli orange case study - Little boxes on the hillside - Cairns bus timetable 121 - Acc 561 accounting final exam - Newton's second law of motion air track lab report