The financial analyst for sportif, inc. has compiled sales and disbursement estimates for the coming months of january through may. historically, 75 percent of sales are for cash with the remaining 25 percent collected in the following month. the ending cash balance in january is $3,000.

month sportif, inc., sales disbursements

january $5,000 $6,000

february 6,000 7,000

march 10,000 4,000

april 10,000 5,000

may 10,000 5,000

the total cash receipts for april are

the net cash flow for february

the firm has a negative net cash flow in the month(s) of

the ending cash balance for march is

the ending cash balance for february is

at the end of may, the firm has an ending cash balance of

the firm has a total financing requirement of for the period from february through may

if a pro forma balance sheet dated at the end of may was prepared from the information presented, the marketable securities would total

Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)

The hartman family is saving $400 monthly for ronald's college education. the family anticipates they will need to contribute $20,000 towards his first year of college, which is in 4 years .which best explain s whether the family will have enough money in 4 years ?