please help me with solving the blue blanks.

pleasw help me with q4 the blue blanks

If hertar 19 Ouput Ares: Sales after discount Total credit purchases Credit purchases after discount AR at beginning of Q colected Sales colection in current Q Purchases tast Q paid this Q Purchase for next Q paid this Q Expenses Interest and dividends Outay Net cash inflow Beginning cash balance Net cash inflow Ending cash balance Mrimum cash balance Cumulative surphus (defici)) 2 Targot cash balance Net cash inflow New short-term investments income on short-term investments Short-term investments sold New short-term borrowing Interest on short-term borrowing Short-lerm borrowing repaid Ending cash balance Minimum cash balance Cumulatrve surpliss (dofict) Beginning short-lerm investments Ending short-torm investme Ending short-torm dobt Shart-torm Financiat 125,000.00 (146,372.00) 1,800.00 144,5200 Rate on credit offered by Propiom Rate on credt ottered to Piepkorn 43 lepkorn Manufacturing Working Capital Management ou have recently been hired by Piepkom Manufacturing to work in the newly established treasury department. Piepkor Ianufacturing is a small company that produces cardboard boxes in a variety of sizes for different purchasers. Gary Piepkom, the Wner of the company, works primarily in the sales and production areas of the company. Currently, the company puts all receivables n one shoe box and all payables in another. Because of the disorganized system, the finance area needs work, and that's what you've been brought in to do. The company currently has a cash balance of $305,000, and it plans to purchase new box-folding machinery in the fourth quarter at a cost of $525,000. The machinery will be purchased with cash because of a discount offered. The company's policy is to maintain a minimum cash balance of $.25,000. All sales and purchases are made on credit. Gary Piepkorn has projected the following gross sales for each of the next four quarters: Also, gross sales for the first quarter of the next year are projected at $1,405,000. Piepkorn currently has an accounts receivable period of 53 days and an accounts receivable balance of $645,000. Twenty percent of the accounts receivable balance is from a company that has just entered bankruptcy, and it is likely this portion of the accounts receivable will never be collected. Piepkorn typically orders 50 percent of next quarter's projected gross sales in the current quarter, and suppliers are typically paid in 42 days. Wages, taxes, and other costs run about 30 percent of gross sales. The company has a quarterly interest payment of $135,000 on its long-term debt. The company uses a local bank for its short-term financial needs. It pays 15 percent per quarter on all short-term borrowing and maintains a money market account that pays 1 percent per quarter on all short-term deposits. Gary has asked you to prepare a cash budget and short-term financial plan for the company under the current policies. He has also asked you to prepare additional plans based on changes in several inputs. QUESTIONS 1. Use the numbers given to complete the cash budget and short-term financial plan. 2. Rework the cash budget and short-term financial plan assuming Piepkorn changes to a minimum balance of $100,000. 3. You have looked at the credit policy offered by Piepkom's competitors and have determined that the industry standard credit policy is 1/10, net 40 . " The discount will begin to be offered on the first day of the first quarter. You want to examine how this credit policy would affect the cash budget and short-term financial plan. If this credit policy is implemented. you believe that 40 percent of all sales will take advantage of it, and the accounts receivable period will decline to 36 days Rework the cash badget and shortterm financial plan under the new eredit policy and a minimum cash balance of $100000. What interest rate are you effectively offering customers? 4. You have talked to the company's suppliers about the credit terms Prepkom receives. Cumently, the company receives terms of net 45. The suppliers have stated that they would offer new ctedit terms of 1.5/15, net 40 . The discount would begin to be offered on the first day of the first quatter. What interest rate are the suppliers offering the connpany? Rework the caah bodget and shart-term financial plan assuming you take the eredit terms on all orders and the minimum cash balance is 5100,000 . Also assume that Piepkorn offers the credit terms detailed in Question 3. Piepkorn Manufacturing Working Capital Management You have recently been hired by Piepkorn Manufacturing to work in the newly established treasury department. Piepkorn Manufacturing is a small company that produces cardboard boxes in a variety of sizes for different purchasers. Gary Piepkorn, the owner of the company, works primarily in the sales and production areas of the company. Currently, the company puts all receivables in one shoe box and all payables in another. Because of the disorganized system, the finance area needs work, and that's what you've been brought in to do. The company currently has a cash balance of $305,000, and it plans to purchase new boxfolding machinery in the fourth quarter at a cost of $525,000. The machinery will be purchased with cash because of a discount offered. The company's policy is to maintain a minimum cash balance of $125,000. All sales and purchases are made on credit. Gary Piepkorn has projected the following gross sales for each of the next four quarters: Gary Piepkorn has projected the following gross sales for each of the next four quarters: Also, gross sales for the first quarter of the next year are projected at $1,405,000. Piepkorn currently has an accounts receivable period of 53 days and an accounts receivable balance of $645,000. Twenty percent of the accounts receivable balance is from a company that has just entered bankruptcy, and it is likely this portion of the accounts receivable will never be collected. Piepkorn typically orders 50 percent of next quarter's projected gross sales in the current quarter, and suppliers are typically paid in 42 days. Wages, taxes, and other costs run about 30 percent of gross sales. The company has a quarterly interest payment of $135,000 on its long-term debt. The company uses a local bank for its short-term financial needs. It pays 1.5 percent per quarter on all short-term borrowing and maintains a money market account that pays 1 percent per quarter on all short-term deposits. Q online.vitalsource.com Gary has asked you to prepare a cash budget and short-term financial plan for the company under the current policies. He has also asked you to prepare additional plans based on changes in several inputs. QUESTIONS 1. Use the numbers given to complete the cash budget and short-term financial plan. 2. Rework the cash budget and short-term financial plan assuming Piepkorn changes to a minimum balance of $100,000. 3. You have looked at the credit policy offered by Piepkorn's competitors and have determined that the industry standard credit policy is 1/10, net 40.* The discount will begin to be offered on the first day of the first quarter. You want to examine how this credit policy would affect the cash budget and short-term financial plan. If this credit policy is implemented, you believe that 40 percent of all sales will take advantage of it, and the accounts receivable period will decline to 36 days. Rework the cash budget and short-term financial plan under the new credit policy and a minimum cash balance of $100,000. What interest rate are you effectively offering customers? 4. You have talkeunto me Company's suppliers 4. You have talked to the company's suppliers about the credit terms Piepkorn receives. Currently, the company receives terms of net 45 . The suppliers have stated that they would offer new credit terms of 1.5/15, net 40 . The discount would begin to be offered on the first day of the first quarter. What interest rate are the suppliers offering the company? Rework the cash budget and short-term financial plan assuming you take the credit terms on all orders and the minimum cash balance is $100,000. Also assume that Piepkorn offers the credit terms detailed in Question 3. If hertar 19 Ouput Ares: Sales after discount Total credit purchases Credit purchases after discount AR at beginning of Q colected Sales colection in current Q Purchases tast Q paid this Q Purchase for next Q paid this Q Expenses Interest and dividends Outay Net cash inflow Beginning cash balance Net cash inflow Ending cash balance Mrimum cash balance Cumulative surphus (defici)) 2 Targot cash balance Net cash inflow New short-term investments income on short-term investments Short-term investments sold New short-term borrowing Interest on short-term borrowing Short-lerm borrowing repaid Ending cash balance Minimum cash balance Cumulatrve surpliss (dofict) Beginning short-lerm investments Ending short-torm investme Ending short-torm dobt Shart-torm Financiat 125,000.00 (146,372.00) 1,800.00 144,5200 Rate on credit offered by Propiom Rate on credt ottered to Piepkorn 43 lepkorn Manufacturing Working Capital Management ou have recently been hired by Piepkom Manufacturing to work in the newly established treasury department. Piepkor Ianufacturing is a small company that produces cardboard boxes in a variety of sizes for different purchasers. Gary Piepkom, the Wner of the company, works primarily in the sales and production areas of the company. Currently, the company puts all receivables n one shoe box and all payables in another. Because of the disorganized system, the finance area needs work, and that's what you've been brought in to do. The company currently has a cash balance of $305,000, and it plans to purchase new box-folding machinery in the fourth quarter at a cost of $525,000. The machinery will be purchased with cash because of a discount offered. The company's policy is to maintain a minimum cash balance of $.25,000. All sales and purchases are made on credit. Gary Piepkorn has projected the following gross sales for each of the next four quarters: Also, gross sales for the first quarter of the next year are projected at $1,405,000. Piepkorn currently has an accounts receivable period of 53 days and an accounts receivable balance of $645,000. Twenty percent of the accounts receivable balance is from a company that has just entered bankruptcy, and it is likely this portion of the accounts receivable will never be collected. Piepkorn typically orders 50 percent of next quarter's projected gross sales in the current quarter, and suppliers are typically paid in 42 days. Wages, taxes, and other costs run about 30 percent of gross sales. The company has a quarterly interest payment of $135,000 on its long-term debt. The company uses a local bank for its short-term financial needs. It pays 15 percent per quarter on all short-term borrowing and maintains a money market account that pays 1 percent per quarter on all short-term deposits. Gary has asked you to prepare a cash budget and short-term financial plan for the company under the current policies. He has also asked you to prepare additional plans based on changes in several inputs. QUESTIONS 1. Use the numbers given to complete the cash budget and short-term financial plan. 2. Rework the cash budget and short-term financial plan assuming Piepkorn changes to a minimum balance of $100,000. 3. You have looked at the credit policy offered by Piepkom's competitors and have determined that the industry standard credit policy is 1/10, net 40 . " The discount will begin to be offered on the first day of the first quarter. You want to examine how this credit policy would affect the cash budget and short-term financial plan. If this credit policy is implemented. you believe that 40 percent of all sales will take advantage of it, and the accounts receivable period will decline to 36 days Rework the cash badget and shortterm financial plan under the new eredit policy and a minimum cash balance of $100000. What interest rate are you effectively offering customers? 4. You have talked to the company's suppliers about the credit terms Prepkom receives. Cumently, the company receives terms of net 45. The suppliers have stated that they would offer new ctedit terms of 1.5/15, net 40 . The discount would begin to be offered on the first day of the first quatter. What interest rate are the suppliers offering the connpany? Rework the caah bodget and shart-term financial plan assuming you take the eredit terms on all orders and the minimum cash balance is 5100,000 . Also assume that Piepkorn offers the credit terms detailed in Question 3. Piepkorn Manufacturing Working Capital Management You have recently been hired by Piepkorn Manufacturing to work in the newly established treasury department. Piepkorn Manufacturing is a small company that produces cardboard boxes in a variety of sizes for different purchasers. Gary Piepkorn, the owner of the company, works primarily in the sales and production areas of the company. Currently, the company puts all receivables in one shoe box and all payables in another. Because of the disorganized system, the finance area needs work, and that's what you've been brought in to do. The company currently has a cash balance of $305,000, and it plans to purchase new boxfolding machinery in the fourth quarter at a cost of $525,000. The machinery will be purchased with cash because of a discount offered. The company's policy is to maintain a minimum cash balance of $125,000. All sales and purchases are made on credit. Gary Piepkorn has projected the following gross sales for each of the next four quarters: Gary Piepkorn has projected the following gross sales for each of the next four quarters: Also, gross sales for the first quarter of the next year are projected at $1,405,000. Piepkorn currently has an accounts receivable period of 53 days and an accounts receivable balance of $645,000. Twenty percent of the accounts receivable balance is from a company that has just entered bankruptcy, and it is likely this portion of the accounts receivable will never be collected. Piepkorn typically orders 50 percent of next quarter's projected gross sales in the current quarter, and suppliers are typically paid in 42 days. Wages, taxes, and other costs run about 30 percent of gross sales. The company has a quarterly interest payment of $135,000 on its long-term debt. The company uses a local bank for its short-term financial needs. It pays 1.5 percent per quarter on all short-term borrowing and maintains a money market account that pays 1 percent per quarter on all short-term deposits. Q online.vitalsource.com Gary has asked you to prepare a cash budget and short-term financial plan for the company under the current policies. He has also asked you to prepare additional plans based on changes in several inputs. QUESTIONS 1. Use the numbers given to complete the cash budget and short-term financial plan. 2. Rework the cash budget and short-term financial plan assuming Piepkorn changes to a minimum balance of $100,000. 3. You have looked at the credit policy offered by Piepkorn's competitors and have determined that the industry standard credit policy is 1/10, net 40.* The discount will begin to be offered on the first day of the first quarter. You want to examine how this credit policy would affect the cash budget and short-term financial plan. If this credit policy is implemented, you believe that 40 percent of all sales will take advantage of it, and the accounts receivable period will decline to 36 days. Rework the cash budget and short-term financial plan under the new credit policy and a minimum cash balance of $100,000. What interest rate are you effectively offering customers? 4. You have talkeunto me Company's suppliers 4. You have talked to the company's suppliers about the credit terms Piepkorn receives. Currently, the company receives terms of net 45 . The suppliers have stated that they would offer new credit terms of 1.5/15, net 40 . The discount would begin to be offered on the first day of the first quarter. What interest rate are the suppliers offering the company? Rework the cash budget and short-term financial plan assuming you take the credit terms on all orders and the minimum cash balance is $100,000. Also assume that Piepkorn offers the credit terms detailed in Question 3