| year201x | Jan | Feb | dollars | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | total | averages |
| Total Assets | $500,000 | $475,000 | $460,000 | $470,000 | $475,000 | $485,000 | $495,000 | $555,000 | $600,000 | $650,000 | $700,000 | $750,000 | $6,615,000 |
| Current Assets | $250,000 | $220,000 | $199,900 | $204,698 | $204,392 | $208,980 | $213,459 | $262,829 | $307,085 | $351,227 | $395,251 | $439,156 | $3,256,977 | 271,414.75 |
| fixed assets | $250,000 | $255,000 | $260,100 | $265,302 | $270,608 | $276,020 | $281,541 | $292,171 | $292,915 | $298,773 | $304,749 | $310,844 | $3,358,023 | 279,835.25 |
| Year 201X + 1 |
| Jan | jan | feb | mar | apr | may | jun | jul | aug | sep | oct | nov | dec |
| Total Assets | $600,000 | $570,000 | $552,000 | $564,000 | $570,000 | $582,000 | $594,000 | $660,000 | $720,000 | $780,000 | $840,000 | $900,000 | $7,932,000 |
| Current Assets | $350,000 | $350,000 | $352,100 | $359,302 | $365,608 | $373,020 | $380,541 | $397,171 | $412,915 | $428,773 | $444,749 | $460,844 | $4,675,023 | 389,585.25 |
| fixed assets | $250,000 | $220,000 | $199,900 | $204,698 | $204,392 | $208,980 | $213,459 | $262,829 | $307,085 | $351,227 | $395,251 | $439,156 | $3,256,977 | 271,414.75 |
| Estimate the levels of permanent and temporary current assets for Comfin over these months. Find the average amount for fixed assets, permanent current assets, and temporary current assets in the year 201X and year 201X + 1. |
| i)permanent current asset for year 201x |
| total for 201x is equal to=fixed assets-current assets= | | | | $101,046 |
| ii)temporaryt current asset for year 201x+1 |
| total for 201x is equal to=fixed assets-current assets= | | | | $1,418,046 |
| ii)Find the average amount for fixed assets, |
| 201x=279,835.75 dollars |
| 201x1=271,414.75 dollars |
| permanent current assets, and temporary current assets in the year 201X and year 201X + 1. |
| 201x= | $3,256,977 |
| 201x+1=389,585.25 | $4,675,023 |
| b)average amounts of short-term and long-term financing should Comfin have during each year if it wants to follow a maturity-matching financing strategy over |
| short term financing averages=201x+201x+1 divided by 2. |
| i) | $5,594,489 |
| ii)long term averages | $6,615,000 |
| c) |
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answer_from_joymercy.xlsx
