The minimum amount of money you may have in an account for said account to be, and stay opened.
Answer:
The cash budget is the appropriate answer
Explanation:
When the budgeted direct materials as well as the required budgeted labor hours are ascertained, the step needs to be taken further in order to know how the costs budgeted fit into overall cash situation of the business.
The suppliers of direct materials would have given the company the maximum number of days that expect cash , in order to meet up with such deadline the company must plan ahead by incorporating the values of such purchases into cash flow projections, the same also applies to cost of direct labor.
Answer: User
Explanation: Becca has the role of the user of the new copier machines being purchased for their company, because although she isn't the one making the purchase, she is the one who has the duty to operate the machines on a daily basis.
Answer:
True
Explanation:
Form 1040 NR is a document that is filed by U.S. residents. The taxable income is filled in the document to identify tax paynment or refund. Juan is student and he is dependent on the interest income that comes from the saving which is by their parents earnings. The interest income saves the tax and there will be refund on this income. Juan should file the 1040-NR document.
Answer: $86,235
Explanation:
Use Excel or a financial calculator to calculate the bond price.
As the interest is payable semiannually, the relevant variables are:
Coupon = 10% * 100,000 * 1/2 years = $5,000
Yield = 12% / 2 = 6%
Number of periods = 15 years * 2 = 30 semi annual periods
Bond price = $86,235
