Answer:
The firm will needto borrow 6,500 to achieve their minimum cahs balance and pay their budgeted expenditures
Explanation:
July
beginning $ 4,500
receipts $ 50,000
disbursement+ $ (56,000)*
subtotal $ (1,500)
minimun $5,000
Financing needs: 5000 - (-1500) = 6,500
payment/loan $6,500
*sum of cash payment for purchase of materials, operating expenses and capital expenditures
Answer:
Sales and collection process
At the point when items and administrations are sold by a firm to its clients and consequently the clients pay for the item and administrations, it is a procedure which includes deals just as an assortment. The deals and assortment process covers all the business exercises identified with selling of item and administrations, upkeep of client records, charging and recording installments made by the clients. Overseeing accounts receivables through maturing accounts and approving credit likewise goes under deals and assortment process.
In deals and assortment process all the bookkeeping exchanges are created that record deals income, accounts receivables and receipts in real money. This procedure likewise influences those association's expenses of products sold and stock that participate in selling stock. Deals are commonly made in kind of money or credit. It might likewise incorporate deals charge.
At the point when a deal is made in kind for money, the parity of money increments and when using a credit card, the records receivables are made which is the cash that is owed to the firm from deals of item and administrations. Lastly, when a credit client pays money, the money balance increments and records receivables are decline by the sum paid.
- Accepting a request for deals from a client doesn't make any records receivables. In the wake of getting the request the items are created first and afterward conveyed. A short time later the receipt is created and ultimately, sent to the client. Thus, option a is incorrect.
- When selling is done, the clients are charged according to the statements chose the two gatherings and afterward in the wake of sending receipt the assortment is made. Thus, option c is also incorrect.
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Recording of installment is made. at the point when clients really pay the measure of deals whether deals is made in real money or credit. Thus. option d is also incorrect.
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The alternative e expresses that none of the choices delineates the movement in regard to the making of records receivables which is additionally off base in light of the fact that the one choice is right out of the all choices.
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At the point when the arranged completed merchandise are dispatched to the client and deals is using a loan, at that point the record receivables is made subsequent to sending the receipt to the clients. Thus, the correct option is option B
A grant is a sum of money given by the government of a country for a particular purpose and it does not require to be paid back
Answer:
a) the demand curve for Merlot has shifted to the right faster than the supply curve has shifted to the right
Explanation:
As the income of consumers have increased that means that the buying capacity has increased, which contributes to increase in demand of the product.
Further the raw material required to manufacture the product now cost less, accordingly the supply will also be increased.
But the supply would only increase if the producers realize that the demand has increased.
Accordingly, demand shall increase faster than the increase in supply.
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