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FIN 370 /FIN 370 WEEK 5Final Exam. A+ GRADED

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FIN 370 /FIN 370 WEEK 5Final Exam. A+ GRADED.Exam Details Summary header Summary value Your exam has been submitted Status: Submitted on Apr 13, 2017, 11:10 AM Results: 30/30 (100%) Number of Que... stions: 30 questions Time Limit: 3 hours Available: Apr 11, 2017, 12:00 AM - Dec 22, 2017, 11:59 PM You have taken this Exam 1 time and can no longer retake it. I need the alternative version of this Exam » Which one of the following statements is correct concerning the cash cycle? Accepting a supplier’s discount for early payment decreases the cash cycle. Increasing the accounts payable period increases the cash cycle. The longer the cash cycle, the more likely a firm will need external financing. The cash cycle can exceed the operating cycle if the payables period is equal to zero. Precise Machinery is analyzing a proposed project. The company expects to sell 2100 units give or take 5 percent. The expected variable cost per unit is $260 and the expected fixed costs are $589,000. Cost estimates are considered accurate within a plus or minus 4 percent range. The depreciation expense is $129,000. The sales price is estimated at $750 per unit, give or take 2 percent. The tax rate is 35 percent. The company is conducting a sensitivity analysis on the sales price using a sales price estimate of $755. What is the operating cash flow based on this analysis? $86,675 $354,874 $368,015 $293,089 $337,975 You are doing some comparison shopping. Five stores offer the product you want at basically the same price but with differing credit terms. Which one of these terms is best-suited to you if you plan to forgo the discount? 2/10, net 30 2/5, net 30 2/5, net 20 1/10, net 45 1/5, net 15 The plowback ratio is: The dollar increase in net income divided by the dollar increase in sales. Equal to net income divided by the change in total equity. Equal to one minus the retention ratio. The change in retained earnings divided by the dividends paid. The percentage of net income available to [Show More]

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