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$8 comma 000
as the cost.
P10-5
Working capital cash flow.
Cool Water, Inc. sells bottled water. The
firm keeps in inventory plastic bottles at 12% of the monthly projected
sales. These plastic bottles cost $0.007 each. The monthly sales for the
first four months of the coming year are as follows:
What is the monthly increase or decrease in cash flow for inventory
given that an increase is a use of cash and a decrease is a source of cash?
Note:
Enter a decrease as a negative number.
What is the change in working capital for January?
What is the change in working capital for February?
What is the change in working capital for March?
P13-3 (similar to) Average production cycle.
Use the following account information to find the average production
cycle for Rian Company.
2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Cash sales

$463,000

Credit sales

$573,000

Total sales

$1,036,000

Cost of goods sold

$607,205