BUS 401 Week 1 DQ2
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BUS 401 Week 1 DQ2
Cash Flow and Ratio Analysis. Complete Study Problem 3-2 from the end of Chapter 3 and Study Problem 4-5 from the end of Chapter 4, and post the answers to the discussion board.
3-2 (Computing cash flows) Given the following information, prepare a statement of cash flows.
4-5 (Ratio analysis) The Mitchem Marble Company has a target current ratio of 2.0 but has experienced some difficulties financing its expanding sales in the past few months. At present the firm has a current ratio of 2.5 and current assets of $2.5 million. If Mitchem expands its receivables and inventories using its short-term line of credit, how much additional short-term funding can it borrow before its current ratio standard is reached?
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Published On:
03/06/2013
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266
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BUS 401 Week 1 DQ 2 - Problem 3-2 and Problem 4-5 - BUS401 Principles of Finance..doc
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