100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
d076 Unit 5 already graded A+ 2024/2025 $10.49   Add to cart

Exam (elaborations)

d076 Unit 5 already graded A+ 2024/2025

 3 views  0 purchase
  • Course
  • D076 OA
  • Institution
  • D076 OA

d076 Unit 5 already graded A+ 2024/2025

Preview 1 out of 2  pages

  • January 2, 2024
  • 2
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • d076 oa
  • D076 OA
  • D076 OA
avatar-seller
Ashley96
d076 Unit 5

What is the name for a forecast of short-term events that helps a company understand if
it has sufficient cash? - ANSCash budget

What is the purpose of a monthly cash budget? - ANSTo control cash inflows and
outflows so you can balance income with expenditures and savings

In which situation would a firm need to borrow cash? - ANSWhen the beginning cash
balance plus the net cash is less than the minimum cash balance required for the month

How can you use the envelope method of budgeting to monitor cash flows? - ANSPut
the amount of money budgeted for each category of your expenses into labeled
envelopes and then spend the money in each envelope on expenses in that category.

How should you go about making changes to your budget? - ANSPrioritize the changes
you want to make and then implement them gradually one by one to make sure they
work.

You are a financial manager of a company. The marketing department has informed you
that the projected sales growth for the upcoming year is 15%. As you conduct financial
forecasting, you increase cash, accounts receivable, and inventory accounts by
15%—the same as the projected sales growth. What type of accounts are these? -
ANSSpontaneous accounts

What does it mean when a firm's calculated discretionary financing needed (DFN) is
negative? - ANSThe firm will have enough financing to fund projected sales.

Which account is a spontaneous account? - ANSAccounts payable

Why is the sustainable growth rate (SGR) useful? - ANSIt gives the maximum growth
rate that allows a firm to maintain its current financial ratios without issuing new equity.

You are analyzing fixed assets to create pro forma financial statements for your
company. You realize that, since sales will increase next year, you will also need your
manufacturing capacity to increase by the same amount. Currently, you are operating at
maximum capacity. You buy an entire new factory and multiple pieces of equipment that
increase capacity to much more than you need to meet the sales growth. Which

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Ashley96. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81989 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart