Chokkar Plastics is considering an expansion project with estimated fixed costs of $39,800, depreciation of $22,800, variable costs per unit of $5.74, and an estimated sales price of $12.99 per unit. How many units must the firm sell to break even on a cash basis?

You are working on a bid to landscape two city parks per year for the next three years. This project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. Ignore bonus depreciation. The equipment can be sold at the end of the project for $115,000. You will also need $18,000 in net working capital for the duration of the project. The fixed costs will be $37,000 per year and the variable costs will be $148,000 per park. Your required rate of return is 14 percent and your tax rate is 21 percent. What is the minimal amount you should bid per park? (Round your answer to the nearest $100).

The customers of Kendrick Heavy Equipment take an average of 54.3 days to pay for their purchases. From the time that Kendrick buys new inventory until its sells that inventory to customers, an average of 61.1 days elapse. Kendrick pays for the inventory, on average, 59.8 days after purchasing it. Given this information, what is the length of its cash cycle?

Harper Motors sells 39 cars per month at an average price of $24,920. The carrying cost per car is $158 and the fixed order cost is $694. How many orders should the company place per year?

Squires Formal Wear sells goods on credit with payment due 30 days after purchase. If payment is not received by the 30th day, the store mails a friendly reminder to the customer. If payment is not received by the 45th day, the store calls the customer and requests payment and also stops offering credit to that customer. These procedures reflect the store’s:

McCallister’s just purchased $16,200 worth of inventory. The terms of the sale were 1/10, net 30. What is the implicit interest?

Cat Supplies offers terms of 1/10, net 30. The discount is taken by 71 percent of customers. What is the company’s average collection period?

You purchased a stock at a price of $60.66. The stock paid a dividend of $2.27 per share and the stock price at the end of the year was $68.36. What was the total return for the year?

Any written proof that a customer owes you money for goods or services provided is referred to as a(n):

A project has a contribution margin per unit of $12.07, fixed costs of $67,840, depreciation of $14,310, variable costs per unit of $14.09, and a financial break-even point of 15,624 units. What is the operating cash flow at this level of output?