1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BartSMP [9]
3 years ago
12

Broihan Corporation has the following purchases budget for the last half of 2002:

Business
1 answer:
olasank [31]3 years ago
6 0

Answer:

b. $ 90,000.

Explanation:

Since the company pays half of the purchased amount at the time of purchase and the remainder in the following month. Cash disbursements in August are expected to be half of the amount purchased in July plus half of the amount purchased in August. Expected cash disbursements are:

E=\frac{100,000}{2}+ \frac{80,000}{2}\\ E=\$90,000

The answer is alternative b. $ 90,000.

You might be interested in
Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock fo
aalyn [17]

Vaughn's net income for the year 2022 is: c. $88,000.

<h3>Net income</h3>

Using this formula

Net income=Revenues - expenses

Where:

Revenues=$735,000

Expenses=$647,000

Let plug in the formula

Net income=$735,000-$647,000

Net income=$88,000

Therefore the correct option is c.

Learn more about net income here:brainly.com/question/15235984

#SPJ1

3 0
2 years ago
According to marx, the best economic system would be one where the means of production and distribution are in the hands of the
ololo11 [35]
Karl Marx is the founder of modern communism. Bourgeousie defines the capitalists, those who own the means of production and who take advantage of the labor (work) of the proletariat (the mass of workers who do not own the means of production and are not fairly compensated for their work).
<span>The statement that according to Marx, the best economic system would be one where the means of production and distribution are in the hands of the bourgeoisie is false. In contrast, according to Marx the best economic system would be </span><span>one where the means of production and distribution are in the hands of the proleteriat.</span>

3 0
3 years ago
Sweet Treats common stock is currently priced at $17.15 a share. The company just paid $1.22 per share as its annual dividend. T
nalin [4]

Answer:

9.68 percent

Explanation:

Calculation to determine the firm's cost of equity

Using this formula

Cost of equity=[(Annual dividend×Increase in dividends×/Current price of common stock]+Dividends

Let plug in the formula

Cost of equity=[($1.22 × 1.024)/$17.15] + 0.024

Cost of equity=($1.24928/$17.15)+0.024

Cost of equity=0.0728+0.024

Cost of equity=0.0968*100

Cost of equity=9.68 percent

Therefore the firm's cost of equity is 9.68 percent

8 0
3 years ago
Which one of the following terms is defined as the mixture of a firm's debt and equity financing? Multiple Choice Working capita
Studentka2010 [4]

Answer:

Capital structure

Explanation:

The capital structure of a company defines the way the equity and debt component of the total capital is proportionalized. Capital structure refers to a company's outstanding debt and equity. It allows a firm to understand what kind of funding the company uses to finance its overall activities and growth. In other words, it shows the proportions of senior debt, subordinated debt and equity (common or preferred) in the funding.

8 0
3 years ago
A ________ is a senior manager who oversees the use of IT in the firm.A) CEOB) CFOC) CIOD) CTOE) CKO
Brums [2.3K]

Answer:

The correct answer is letter "C": CIO.

Explanation:

The CIO or Chief Information Officer is the high executive responsible for all the Information Technology (IT) systems of a company at the process level and from the planning point of view. The CIO analyses the benefits the firm can take from new technologies, identifying which ones are of the interest of the company and evaluating its functioning.

8 0
3 years ago
Other questions:
  • "johnson corp, is selling based on marginal cost pricing. if the marginal cost of producing good a is twice that of b, what is t
    15·1 answer
  • The Peridot Company purchased machinery on January 2, 2016, for $800,000. A five-year life was estimated and no residual value w
    14·1 answer
  • The accounts receivable turnover measures a.the number of days of accounts receivable outstanding b.the fair market value of acc
    15·1 answer
  • Studies indicate that the price elasticity of demand for cigarettes is about 0.4. A government policy aimed at reducing smoking
    14·1 answer
  • Cason is filing as single and has 2019 taxable income of $36,000 which includes $34,000 0%/ 15 % / 20% net long-term MID capital
    10·1 answer
  • When there few close substitutes available for a​ good, demand tends to be
    15·1 answer
  • The master budget is a.typically for a 1-year period corresponding to the fiscal year of the company. b.the selective financial
    12·1 answer
  • Some colleges charge for student parking. Currently, your college does not charge for parking but the administration announced a
    15·1 answer
  • Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for
    13·1 answer
  • Which of the following mortgages would you prefer to hold if you were a lender and you expected inflation of uncertain magnitude
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!