Cash equivalents include each of the following except money market funds. OU.S. Treasury bills. Opetty cash. O commercial paper.
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- Direction: Solve what is being asked and show your complete and neat solution. (ROUND OF PV FACTORS TO 4 DECIMAL PLACES, ROUND OF FINAL ANSWER TO TWO DECIMAL PLACES. IN MCQs CHOOSE THE BEST ANSWER) D.) The frequency of spending or the rate or turnover of money a. Demand for money b. Velocity of money c. Transaction demand d. Speculative demand E.) Is a contractual financial product sold by financial institutions that is designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time. a. Annuity b. Demand c. Speculation d. Investmenta. Describe the entries that have been posted to the following accounts after the Change Fund was established. b. How will the balance of Cash Short and Over be reported on the income statement?tests.mettl.com/test-window/f55ac827#/testWindow/0/16/1 EY Accounting Assessment O Total 00:54.47 Finish Test Section 1 of 1 Section #1 v 10 11 12 13 14 15 16 17 18 19 20 17 of 45 All 2 43 Question # 17 G Revisit Choose the best option Which of the following formula best describes the acid test or quick ratio? Current assets: Current liabilities. Debtors: Creditors O (Current assets stock) Current liabilities. O Current assets: (Current liabilities - bank overdraft). Frev Cueston Next Question +91-82878-03040 Zaineh | Support +1-650-924-9221 metil 413 PM 1/16/2021 Type here to search
- AA.6 The accumulation function for fund X is given by: ax(t) = 1 + 0.5t. The accumulation function for fund Yis given by: ay(t) = 1 + 0.5t². At time T, the force of interest is the same for the two funds. Find T. (a) 0.11 (b) 0.45 (c) 0.59 (d) 0.90 (e) 1.16Matching Select the term that best fits each of the following definitions and descriptions. a. Notes receivable b. Nontrade receivables c. Net realizable value d. Direct write-off method e. Interest-bearing note f. Maturity date g. Promissory note h. Factoring receivables i. Trade discount j. Present value k. Allowance method l. Sales discount m. Negotiable note n. Non-interest-bearing note o. Assignment of receivables p. Valuation date 11. A method of recognizing the actual losses from uncollectible accounts as expenses during the period in which the receivables are determined to be uncollectible. 12. The amount of cash expected to be received from the conversion of assets in the normal course of business. 13. The sale of receivables without recourse for cash to a third party, usually a bank or other financial institution. 14. Receivables that are evidenced by…Which of the following are the instruments of money market? Select one: a. All of the above b. None c. Certificate of deposits d. Trade bills e. Call money
- Define each of the following terms:a. Working capital; net working capital; net operating working capitalb. Relaxed investment policy; restricted investment policy; moderate investment policyc. Permanent current assets; temporary current assetsd. Current assets financing policy; maturity matching (self-liquidating) approache. Cash conversion cycle (CCC); inventory conversion period; average collection period;payables deferral periodf. Cash budget; target cash balanceg. Lockbox; account receivableh. Credit policy; credit period; discounts; credit standards; collection policy; credit terms;credit scorei. Trade credit; free trade credit; costly trade creditj. Promissory note; line of credit; revolving credit agreementk. Prime rate; regular, or simple interest; add-on interestl. Commercial paper; accruals; spontaneous fundsm. Secured loanReset the Data Section of the CAPBUD2 worksheet to the original values. In requirement 4, you assessed the sensitivity of the investment’s internal rate of return to changes in some of the input data. This was done in a trial-and-error fashion. Click the Chart sheet tab. Presented on the screen is a graphical analysis of the sensitivity of the internal rate of return to changes in annual cash flows. To demonstrate the usefulness of such a chart, note the ease with which you are able to answer the following questions that might be of interest to the owner: What annual cash flow (approximately) is required to: earn 0% rate of return? _______________ earn 10% rate of return? _______________ earn over 20% rate of return? _______________ Approximately, how much is the rate of return reduced for each drop of $10,000 annual cash flow? When the assignment is complete, close the file without saving it again. Worksheet. The CAPBUD2 worksheet handles only cash inflows that are even in amount each year. Many capital projects generate uneven cash inflows. Suppose that the new store had expected cash earnings of $80,000 per year for the first two years, $140,000 for the next four years, and $220,000 for the last four years. The new store will generate the same total cash return ($1,600,000) as in the original problem, but the timing of the cash flows is different. Alter the CAPBUD2 worksheet so that the NPV and IRR calculations can be made whether there are even or uneven cash flows. When done, preview the printout to make sure that the worksheet will print neatly on one page, and then print the worksheet. Save the completed file as CAPBUDT. Hint: One suggestion is to label column F in the scratch pad as Uneven cash flows. Enter the uneven cash flows for each year. Modify FORMULA3 to include these cash flows. Modify the formulas in the range E30 to E39 to include the new data. Then set cell E10 (estimated Annual Net Cash Inflow) to zero. When you have even cash flows, use cell E10 and set column F in the scratch pad to zeros. If you have uneven cash flows, set cell E10 to zero and fill in column F in the scratch pad. Note that this solution causes garbage to come out in cells E15 and E16 because those formulas were not altered. Check figure for uneven cash flows: NPV (cell E17), $68,674. Chart. Using the CAPBUD2 file, develop a chart just like the one used in requirement 6 to show the sensitivity of net present value to changes in cost of the investment amount from $440,000 to $500,000 (use $10,000 increments). Complete the Chart Tickler Data Table and use it as a basis for preparing the chart. Enter your name somewhere on the chart. Save the file again as CAPBUD2. Print the chart.Which option shows the presentation currency and denomination of the financial statements? a. USD in Millions b. USD in Whole Dollars * c. USD in Thousands Incorrect
- 2. Interpret each notation or formulas those are shown in the table below and used in economic appraisal process: Factor by which to Multiply "Given Factor Functional Symbol To Find: Given: Factor Name For single cash flows: P (1+N Single payment compound (F/P.%, N) amount F Single payment present (P/F,%, N) worth For uniform series (annuitiesk A Uniform series compound (F/A, %,N) amount Uniform series present (P/A, 1%, N) worth A Sinking fund (A/F.i%, N) (1+ A Capital recovery (A/P,i%, N) (14-1 3. If you are planning a trip to other place after 3 years. And, if you intend to deposit savings of ETB 1,000 now and expects to deposit another ETB 500 at the End of next year. If the bank pays 5% interest per year compounded annually, how much money can you expect to be available to you at the time of your departure? 4. Acompany has to replace a present facility after 15 years at an outlay of ETB. 5,00,000. It plans to deposit an equal amount at the end of every year for the next 15 years at…2. Interpret each notation or formulas those are shown in the table below and used in economic appratisal proces s: Factor by which to Multiply "Given Factor Functional To Find: Given: Symbolb Factor Name For single cash flows: (1 + i)N F Single payment compound (F/P,i%, N) amount Single payment present (P/F,i%, N) worth For uniform series (anruities): F A (14N Uniform series compound (F/A,i%,N) amount Uniform series present worth (P/A, i%, N) A Sinking fund (A/F,i%, N) (1+i-1 Capital recovery (A/P,i%,N) (14N -1Which of the following assets would be considered least liquid? Group of answer choices A savings account A checking account An interest-paying checking account A money market mutual fund Series EE US savings bonds
