Question: Q7: Assuming that the price per unit and the variable cost per unit have stayed the same as in calculations for 2021, what is the

 Q7: Assuming that the price per unit and the variable cost

Q7: Assuming that the price per unit and the variable cost per unit have stayed the same as in calculations for 2021, what is the new BE in units for CompuTech in 2022? How does this compare to the BE in units for the previous year? Q8: Deleted from original case - was originally linked to Question # 3 which was also deleted. FINA - _CASE Portfolio Assignment: PART 2: Larry and Janice Martin continue with their ambitions. CompuTech would be a repair and sales shop in the Kitchener area. As they prepared their Business Plan and the related financial projections they knew that there would be many business, operational and financial decisions that they would need to consider. This was to be important not only as they were sketching out their plan but also once the business started operating. To succeed they were reminded that they needed to operate to generate profits, to be able to pay bills and to grow the business through investment and growth. Further they knew that investing decisions at the start and throughout the life of the business, operating decisions on a day to day basis and above all financing decisions as to where and how to use monies from investors to make the greatest returns. MODULE 5: Reflecting upon the Balance Sheet and the Income Statements for 2021 that you prepared in Module 2 of the Case: Q1: What is the company's expected Current Asset level? What is the company's Net Property & Plant level? Q2: Looking at your Income Statement and Balance Sheet from Module 2 what is the projected CompuTech's Average Collection Period in days ? What is the company's Inventory Turnover rate? Q3: If the company wished to exhibit a 30 day receivable average, what would their level of Accounts Receivable become? If they were able to invest the savings at 7% what would their impact on profits be? Q4: If CompuTech's competition is experiencing a 6 X turnover on inventory, is CompuTech matching this performance, and if not what level of inventory should they be displaying? MODULE 6: Larry and Janice have retained an accountant to help them understand their cash

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!