Answer:
Step-by-step explanation:
Karim Corp. requires a minimum $8,600 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on July 1 is $9,000, and the company has no outstanding loans. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow. Cash receipts Cash payments July $ 24,600 28,900 August $32,600 30,600 September $ 40,600 32,600 Prepare a cash budget for July, August, and September. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.) KARIM CORP. Cash Budget For July, August, and September July August $ 9,000 September Beginning cash balance Total cash available Preliminary cash balance Ending cash balance Loan balance $ 0 Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month
81.28
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Answer:
KL = 7.8
Step-by-step explanation:
KH = HL
KH + HL = KL
3.9 + 3.9 = 7.8
Commutative and Distributive. And also MDAS for basic operations
Commutative Property is the property in which you can move around numbers in numerical operations like, addition and multiplication while retaining their result. In contrast to subtraction and division in which position is an important factor for every result, here it is regardless. Why might you want to use this property?<span>Well, most importantly it suits the operation of addition and hence, to ensure the arrangement of the number is in symmetric proportion to its counterpart such as 3 + 2=2 + 3. Or rather, understanding that the equations in both sides are but the same and equal in sum. Thus, this is much more usable or will make more sense if used in a larger scale of complex equations and integers.<span>
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Distributive Property by allotting: 2(3) x 107 = 642<span> </span>