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valentina_108 [34]
3 years ago
10

The Bandeiras Corporation, a merchandising firm, has budgeted its activity for December according to the following information:

Sales at $460,000, all for cash. Merchandise inventory on November 30 was $205,000. The cash balance at December 1 was $19,000. Selling and administrative expenses are budgeted at $63,000 for December and are paid in cash. Budgeted depreciation for December is $27,000. The planned merchandise inventory on December 31 is $235,000. The cost of goods sold is 70% of the sales price. All purchases are paid for in cash. There is no interest expense or income tax expense. The budgeted cash receipts for December are:
Business
1 answer:
oksano4ka [1.4K]3 years ago
6 0

Answer:

$460,000

Explanation:

The budgeted cash receipts are equal to the total expected sales since the company only makes sales on cash.

The budgeted cash receipts are part of the cash budget that the company prepares. It estimates all the cash inflows (sales receipts) and cash outflows (expenses and merchandise purchases). The outflows are called budgeted cash disbursements.

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A government deficit has decreased from 100 to 60. The country's trade deficit is 120 and private savings equal 80 and investmen
charle [14.2K]

Answer:

40

Explanation:

According to Ricardian theory, any change in budgets deficits or surpluses should be completely offset by an equal change in private savings.

In this case, the original amount of private savings was 80, but since the budget deficit decreased by 40, then the private saving should also decrease by 40. The total private saving = 80 - 40 = 40

3 0
3 years ago
"Probably the most fertile areas for career opportunities today can be found in the investments and financial markets fields. "
kkurt [141]

Answer:

Yes, I think these two fields are the most attractive fields for career opportunities

Explanation:

Following are the reasons why investment and financial institutions are most fertile areas for future and current career opportunities:

  • Growing Economies: The economies are growing and the wealth is been created as different countries are busy in creating comparative advantages and this has uplifted the living standards of their people.The uplift in living standards of people have created increased investment in financial institution. This is the reason why investment and financial institutions are very attractive to all of the investors.
  • Growing Population and technological advancements has also increased the demand for investments in different sectors which has increased the demand for investment and financial institutions to resolve the funding gap between the investor and the company.
  • The complexity related to the management of treasury departments of companies has increased in the past 2 decades which has resulted in over reliance of treasury departments on the investment and financial institutions.
  • The investment and financial institutions has introduced new products like futures, options, mutual funds, fixed rate account, etc which has increased the investment.
  • The government policies for ease of business also includes the easing the financial institution to provide finance to fund seekers to uplift the economy shows how important is the role of the financial institutions.
  • As the companies are entering international markets, the use of financial products has been increased and near future we will have millions of multinational organizations using investment and financial institution's products.
7 0
3 years ago
Which of these is not something the fed is able to do?
kykrilka [37]
The correct answer is "<span>Prevent a budget deficit".

The FED or also known as The Federal Reserve System cannot prevent a budget deficit or the excessive use of money of the country, and increasing of expenses instead of an increase in the country's revenue.</span>
5 0
3 years ago
Read 2 more answers
The subject is reqlly politics<br>why do we have to pay to sell stuff
gavmur [86]
Because the people selling it needs to make profit. 
8 0
3 years ago
Read 2 more answers
Lee Siracca owns two horses, brews his own beer, participates in the civic arts commission, enjoys talk radio, hikes on wilderne
brilliants [131]

Answer:

component lifestyle

Explanation:

Component lifestyle -

It refers to the method of selectively buy certain services and goods , which are up to the mark of his or style or interest , is referred to as component lifestyle .

These type of people are very specific and selective in nature .

Hence , require the characteristic features of their likes and dislikes , while choosing any product .

Hence, from the given scenario of the question ,

The correct term is component lifestyle .

5 0
3 years ago
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