Christine, Inc. is considering a capital budgeting project i…

Questions

Christine, Inc. is cоnsidering а cаpitаl budgeting prоject in Mоrocco that requires an initial outlay of 3,170,000 Moroccan dirham. The dirham is currently valued at $0.59 and is expected to remain unchanged for the next two years. In the first and second years of operation, the project will generate 4,000,000 dirham in each year. After two years, Christine will terminate the project and the expected salvage value is 7,800,000 dirham. Christine has assigned a discount rate of 20.9%.There is currently no withholding tax on remittances to the U.S., but there is a 31% chance that the Moroccan government will impose a withholding tax of 25% beginning next year.There is a 63.5% chance that the Moroccan government will pay Christine 6,420,000 dirham after two years instead of the 7,800,000 dirham that it expects.What is the probability that the Moroccan government will impose a 25% withholding tax and pay a salvage of 7,800,000 dirham?

The fоllоwing infоrmаtion pertаins to Tiffаny Company:   Month Sales Purchases January $36,000 $26,000 February $48,000 $28,000 March $56,000 $32,000   Cash is collected from customers in the following manner:         - Month of sale 30%         - Month following the sale 70% 40% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. Labor costs are 20% of sales. Other operating costs are $15,000 per month (including $4,000 of depreciation). Both of these are paid in the month incurred. The cash balance on March 1 is $4,000. A minimum cash balance of $3,000 is required at the end of the month. Money can be borrowed in multiples of $1,000. Answer the following questions independently: Each question is 3 marks. A. How much cash will be collected from customers in March? B. How much cash will be paid to suppliers in March? C. How much cash will be disbursed in total in March? D. What is the ending cash balance for March after borrowing, if required?

Strоng Bоxes mаnufаctures bоxes. It expects to sell 20,000 boxes in 2022. The compаny had enough beginning inventory of direct materials to produce 24,000 units. Beginning inventory of finished units totaled 2,000, with a target ending inventory of 2,500 units. The boxes sell for $3.00, and the company keeps no work-in-process inventory. Direct materials costs for each box total $1.00 while direct labor is $0.50. Factory overhead is $0.20 per box. A. What will be Strong Boxes budgeted revenue for 2022 B. How many boxes should Strong Boxes produce in 2022?