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You are given the following sample of daily net cash flows?               Day            NCF        1              $50,000                2              $65,000                                                                         3             $75,000                                                                     4             $80,000                                                                       5                                                                                    a) what will be your forecast in period 5, using a 2-day moving average b) what will be your forecast in period 5, using a 3-day moving average c) If the actual cash flow on day 5 is 75,000, which method provides the better forecast? Explain

The market in which a treasury manager would purchase a previously issued money market security is referred to as the:

Develop a cash budget for the next three months using the information provided below.                Monthly sales forecasts are $150,000, $180,000, and $60,000 (June, July, August)                The current month’s sales are $120,000 (May)              Cost of goods sold equals 65% of sales                Lease payment= 22,000 per month                The company is required to pay an installment of $120,000 for  a note (debt)              The cash position at the end of the current month is $80,000              The target cash balance is $50,000              Assume that 60% of sales are collected in the month sold and the remaining collected in the following month.    

Assume that your company’s last net cash flow equaled $60,000 and the last forecast for net cash flow was $75,000. Given an alpha of 0.8, forecast the next cash flow using the exponential smoothing approach. If your forecast for next month’s cash flows is 80,000, the last cash flow was 100,000 and the last forecasted cash flow was $60,000, find alpha.

Which of the following would most likely decrease the payables level?

Which of the following current assets is most liquid?

When a firm grants credit to a customer, this gives rise to a(n):

Which of the following are the “5-C’s of Credit”?

 Which of the following functional areas is most likely to engage in short-term financial management?

Show Your Work Sunny Industries had sales of $1080 million and a cost of goods sold of $660 million in 202X. A simplified balance sheet for the firm appears below:   Sunny Industries Balance Sheet As of December 31, 202X (millions of dollars)   Assets     Liabilities and Equity   Cash 25   Accounts payable 60 Accounts receivable 85   Notes payable 425 Inventory 90   Accruals 45 Total current assets 200   Total current liabilities 530 Net plant, property, and equipment 6100   Long term debt 2725 Total assets 6300   Total liabilities 3255       Common equity 3045       Total liabilities and equity 6300   a.  Calculate Sunny’s Days Inventory Held   b. Calculate Sunny’s Days Sales Outstanding   c. Calculate Sunny’s Days Payable Outstanding   d. Calculate Sunny’s cash conversion cycle