You are given the following sample of daily net cash flows?               Day            NCF        1              $50,000                2              $65,000                                                                         3             $75,000                                                                     4             $80,000                                                                       5                                                                                    a) what will be your forecast in period 5, using a 2-day moving average b) what will be your forecast in period 5, using a 3-day moving average c) If the actual cash flow on day 5 is 75,000, which method provides the better forecast? Explain

Develop a cash budget for the next three months using the information provided below.                Monthly sales forecasts are $150,000, $180,000, and $60,000 (June, July, August)                The current month’s sales are $120,000 (May)              Cost of goods sold equals 65% of sales                Lease payment= 22,000 per month                The company is required to pay an installment of $120,000 for  a note (debt)              The cash position at the end of the current month is $80,000              The target cash balance is $50,000              Assume that 60% of sales are collected in the month sold and the remaining collected in the following month.    

_________ is an accountingtechnique used to forecast cash flows.

Which of the following securities is most liquid and has the least default risk?

(8 points) Problem 2 MUST SHOW YOUR WORK A seller is considering extending trade credit to an existing customer who buys on cash terms. The customer has just placed a sales order (cash terms) for immediate delivery of 300 units at a sales price per unit of $12. The customer states that they will increase their sales order by 20% if they receive a 90-day credit period. Variable costs are $3 per unit and involve an immediate cash outflow. If the seller has an annual opportunity cost rate of 12%, what is the NPV of extending credit to the customer?

 All of the following about short-term financial management is true except:

Which of the following would decrease a firm’s cash conversion cycle?

 Which of the following functional areas is most likely to engage in short-term financial management?

Equipment that cost $426,000 and had accumulated depreciation of $228,000 was sold for proceeds of $222,000. Using the indirect method, this transaction will impact the statement of cash flows in the following ways:

USE THE FOLLOWING FACT SET TO ANSWER QUESTIONS 28 – 30: Viktor’s Airport Concession Co. prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2024, Navorski reports the following: Sales revenue                                                                         $3,210,000 Cost of goods sold                                                                  $1,575,000 Gross profit                                                                             $1,635,000 Operating expenses (including $5,000 in depr. exp.)          .    $95,000 Net income                                                                              $1,540,000 In addition, the following balance sheet accounts changed during 2024: Decrease in accounts receivable  $915,000 Increase in prepaid rent                 $16,700 Increase in inventory                      $72,000 Increase in accounts payable        $108,000 Decrease in salaries payable         $8,000 QUESTION 30 –> What is the amount of cash payments for operating expenses reported by Navorski for the year ended December 31, 2024?