This paper circulates around the core theme of Sailboats Etc. is a retail company specializing in sailboats and other sailing-related equipment. The following table contains financial forecasts as well as current (month 0) working capital levels. During which months are the firm’s seasonal working c together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Sailboats Etc. is a retail company specializing in sailboats and
other sailing-related equipment. The following table contains financial
forecasts as well as current (month 0) working capital levels. During
which months are the firm’s seasonal working capital needs the greatest?
When does it have surplus cash?
|
|
Month
|
|
($000)
|
0
|
1
|
2
|
3
|
4
|
5
|
6
|
|
Net Income
|
|
$10
|
$12
|
$15
|
$25
|
$30
|
$18
|
|
Depreciation
|
|
2
|
3
|
3
|
4
|
5
|
4
|
|
Capital Expenditures
|
|
1
|
0
|
0
|
1
|
0
|
0
|
|
Levels of Working Capital
|
|
Accounts Receivable
|
$2
|
3
|
4
|
5
|
7
|
10
|
6
|
|
Inventory
|
3
|
2
|
4
|
5
|
5
|
4
|
2
|
|
Accounts Payable
|
2
|
2
|
2
|
2
|
2
|
2
|
2 |
