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Elena L [17]
3 years ago
14

Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information is available concerning i

ts inventories: Inventories at beginning of March $ 368,750 Estimated purchases for March 1,444,000 Estimated cost of goods sold for March 1,478,000 Estimated payments in March for purchases in February 363,000 Estimated payments in March for purchases prior to February 67,000 Estimated payments in March for purchases in March 70 % Required: What are the estimated cash disbursements in March?
Business
1 answer:
Katena32 [7]3 years ago
7 0

Answer:

$1,440,800

Explanation:

The estimated cash disbursement for march is made up of estimated payment  for February purchase to be settled in march, Estimated payments in March for purchases prior to February and 70% purchases in March.

The estimated cash disbursements in March

= $363,000 + $67,000  + (70% * $1,444,000)

= $1,440,800

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An employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:
noname [10]

Answer:

Stakeholder

Explanation:

The stakeholders are the people and group that has an interest in the company and it directly gains or suffered from the actions that are taken by the company

It involves various persons like employees, suppliers, investors, customers, government, unions, etc

Here in the given situation, the employee has a claim on the cash flows so this represents the stakeholder

5 0
3 years ago
While the store of information, skills, and strategies that people have acquired during life holds steady, the ability to deal w
Leya [2.2K]

Answer:

fluid intelligence

Explanation:

Fluid intelligence -

It is the capability to think wisely and logically , solve any issue according to the situation and does not depend on the acquired knowledge is known as fluid intelligence .

Fluid intelligence helps to deal with the worst situation possible in a very peaceful and logical manner and helps to live life in a better and happy way .

This capability often reduces with the growing age , as people tends to get older .  

8 0
3 years ago
In a "Dutch auction" for new stock, individual investors place bids for shares directly. Each potential bidder indicates the pri
photoshop1234 [79]

Answer:

The statement is true

Explanation:

Market-clearing price is the price of a product or a service in which the quantity sold is equal to the quantity demanded and There are no surpluses or shortfalls on the market, it's also known as the price of equilibrium. The theory suggests that consumers tend to shift to that price

6 0
3 years ago
Read 2 more answers
12. You invest $100 in a risky asset with an expected rate of return of 0.12 and a standard deviation of 0.15 and a T-bill with
Semenov [28]

Answer:

C. Borrowing $43 at the risk-free rate and investing the total amount ($143) in the risky asset.

Explanation:

Outcome Return For $100 =  (115 - 100)/100 = 15%;

0.15 = w1(0.12) + (1 - w1)(0.05)

0.15 = 0.12w1 + 0.05 - 0.05w1

0.10 = 0.07w1  

w1 = 1.43($100)

w1 = $143;

(1 - w1)$100 = $100 - $143

(1 - w1)$100 = -$43

7 0
2 years ago
A consumer has ​$140 in monthly income to be spent on two goods Z and B. The price of good Z ​(Pz​) is ​$6.00. The Marginal Rate
romanna [79]

Answer:

3 and 46.67 units

Explanation:

The formula and the computations are shown below:

The price of good B is

= {The price of good Z (Pz)} ÷ {Marginal rate of transformation}

= {$6} ÷ {2}

= 3

Now the number of units to be purchased for all income used is

= (Monthly income spent on two goods) ÷ (price of good B)

= ($140) ÷ (3)

= 46.67 units

By applying the above formula we can find out the price of good B and the number of units purchased

5 0
2 years ago
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