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Author Question: Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the ... (Read 12 times)

krzymel

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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
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Marked as best answer by krzymel on Apr 25, 2021

Dunkey

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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.
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krzymel

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

kswal303

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Reply 3 on: Yesterday
Excellent

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