Exam (elaborations)
FINC 4331 - Ch. 5 Test Questions and 100% Correct Verified Answers
- Course
- Institution
FINC 4331 - Ch. 5 Test Questions and 100% Correct Verified Answers
[Show more]
Seller
Follow
Content preview
FINC 4331 - Ch. 5 Test Questions and 100%Correct Verified Answers
Using Laibo industries balance sheet information, determine the Adjusted Working
Capital (AWC).Cash $50,000 AP $31,000AR $103,000 Accruals $30,000Inventories
$38,000 Notes Payable $11,000Net Fixed Assets $67,000 Long-term Debt
$50,000Total Assets $258,000 Total Common Equity $136,000Total Liabilities and
Equity $258,000Figures in hundreds of dollars - ANSWER $8,000,000
According to FDIC data, the typical bank seeks to on a ROA of about - ANSWER 1.25%
which type of loan requires clean up or clean down period - ANSWER seasonal line
of credit
the inability to generate additional cash flows in excess of operating cycle
requirements is a key risk for which type of loan? - ANSWER term loan
Sandy's seaside sundries sells a range of products at the New Jersey shore,
including sunscreen, beach toys, and beach apparel during the summer season.
Which of the following types of financial information would be most relevant in
determining both the amount and duration of a seasonal financing need for the
company? - ANSWER Monthly cash budget or interims
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller KenAli. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now