This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the ... (Read 16 times)

krzymel

  • Hero Member
  • *****
  • Posts: 548
on: Apr 25, 2021
Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the next few months. Forecasted sales are shown on the top row of the table. Forecasted cash inflows and outflows are also shown in the table. If Gyrl's starts December with $50,000 of cash in the bank, then what will its cash balance be at the end of January?

Gyrl Skateboards Inc.
Sales Forecast and Cash Budget ($000s)
​DecemberJanuaryFebruary
Sales forecast$4,425$3,818$4,193
Total Cash inflows4,1064,1794,063
Total Cash Outflows3,8773,7104,638
Net cash flow​​​
Beginning Cash Balance$50​​
Plus: Net Cash Flows​​​
Ending Cash Balance​​​

◦ $229,000
◦ $521,000
◦ $469,000
◦ $698,000
◦ $748,000
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by krzymel on Apr 25, 2021

Dunkey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


krzymel

  • Member
  • Posts: 548
Reply 2 on: Apr 25, 2021
:D TYSM

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

When the engine is cold, the coolant flows through the bypass. When the engine is cold, the coolant flows through the bypass.
Upper Airflow and Weather Forecasting Upper Airflow and Weather Forecasting
Satellites in Weather Forecasting Satellites in Weather Forecasting
Rinse the soap off completely from fingertips to elbows. Water flows off the forearms near the ... Rinse the soap off completely from fingertips to elbows. Water flows off the forearms near the ...
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Energy flows from the environment into living organisms, then back to the environment Energy flows from the environment into living organisms, then back to the environment
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library