Recent Posts • Latest Topics • Unanswered Questions

Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the ...

steve751

wrote...

Go to Answer

Posts: 83

Rep:

3 years ago

Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the ...

Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the next few months. Forecasted sales are shown on the top row of the table. Forecasted cash inflows and outflows are also shown in the table. If Gyrl's starts December with $50,000 of cash in the bank, then what will its cash balance be at the end of January?

Gyrl Skateboards Inc.

Sales Forecast and Cash Budget ($000s)

	December	January	February
Sales forecast	$4,425	$3,818	$4,193
Total Cash inflows	4,106	4,179	4,063
Total Cash Outflows	3,877	3,710	4,638
Net cash flow
Beginning Cash Balance	$50
Plus: Net Cash Flows
Ending Cash Balance

▸ $229,000

▸ $521,000

▸ $469,000

▸ $698,000

▸ $748,000

Textbook

Corporate Finance Online

Edition: 2^nd

Authors: Eakins, McNally

Read 50 times

1 Reply

Report

Replies

Answer verified by a subject expert

Looly

wrote...

Posts: 73

Rep:

3 years ago

More solutions for this book are available here

Report

Related Topics

steve751 Author

wrote...

3 years ago

Thanks

vernonb

wrote...

Yesterday

Good timing, thanks!

yen

wrote...

2 hours ago

Brilliant ツ

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1044 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

1494

801

781

Your Opinion

Previous poll results: Do you believe in global warming?

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Strange Ingredients Lurking in Doritos Chips

Bonobos, Chimpanzees, and the 98% DNA Link

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat 3	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.