In the following scenarios, 1) calculate the required working capital finance, 2) When the capital will be ready to be used for further material and labour costs? Scenario 1

o Material purchased each day for £1,000 paid for in cash.

o Production takes a day. Labour cost £600, other variable costs £400 all paid immediately.

o Products sold at the end of Day 1 for £2,500.

o New production cycle starts at the start of day 2

Scenario 2

o Material purchased each day 1 for £1,000 paid for in cash.

o Production takes a day. Labour cost £600, other variable costs £400 all paid immediately.

o Products sold at the end of each day for £2,500 with payment required in 60 days.

o New production cycle starts at the start of day 2

Achecklists should be based on past

On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)