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-BARSIC- [3]
4 years ago
7

During September, the capital expenditure budget indicates a $280,000 purchase ofequipment. The ending September cash balance fr

om operations is budgeted to be$40,000. The company wants to maintain a minimum cash balance of $20,000. What isthe minimum cash loan that must be planned to be borrowed from the bank duringSeptember?
Business
1 answer:
Mariulka [41]4 years ago
5 0

Answer:

$260000

Explanation:

$280k  purchase equiment >> Outflow of cash

$40,000>> Operative Cash >> Inflow Cash

$260k >> cash loan in order to achieve balance

------------------------------

$20000 >> Cash balance

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How much the top managers support a change and how capable employees are of handling a change are important considerations of.
Artemon [7]

The ability of top managers to support a change and how capable employees are of handling a change are important considerations of how ready an organization is for change

<h3>What is Management?</h3>

This refers to the act of organizing workers in order to maximize their potential and output.

Here, we can note that when we are considering the ways in which organizations are ready for change, we would look at the ability of top managers to support a change and how capable employees are of handling a change because this shows their level of readiness.


Read more about management here:
brainly.com/question/1276995

4 0
2 years ago
Simon Company's year-end balance sheets follow.
Arturiano [62]

Answer:

2017 Days' Sales Uncollected 49.37 days

2016 Days' Sales Uncollected 49.10 days

Explanation:

Computation for days' sales uncollected

Using this formula

Days' Sales Uncollected=Average receivables / Credit sales x 365 days

Let plug in the formula

2017 Days' Sales Uncollected= $76,450 / $565,219 x 365

2017 Days' Sales Uncollected= 49.37 days

[($89,900+$63,000)/2=$76,450]

2016 Days' Sales Uncollected= $60,000 / $446,029 x 365 days

2016 Days' Sales Uncollected= 49.10 days

[($63,000+$57,000)/2=$60,000]

Therefore 2017 Days' Sales Uncollected will be 49.37 days and 2016 Days' Sales Uncollected will be 49.10 days

4 0
3 years ago
Customer loyalty to a business is
kari74 [83]
Good for the company cause the more loyal a customer is the more they will want to spread your sells advertisemants and recommend you to other company.
4 0
3 years ago
Read 2 more answers
Maurice Corporation has two major business segments; Philippe and Chip. In April, the Philippe business segment had sales revenu
kati45 [8]

Answer:

b.) $140,000

Explanation:

The computation of the segment margin is shown below:

Sales Revenue                                                 $500,000

Less: Variable Expenses                                 ($280,000)

Contribution Margin                                        $220,000

Less: Traceable fixed Expenses                     ($80,000)

Segment margin                                             $140,000

By deducting the variable expense from the sales we can get the contribution margin and after that the fixed cost is deducted from the contribution margin so that the segment margin could come

3 0
3 years ago
The difference between the minimum price at which a producer is willing and able to sell a unit of a good or service and the pri
kap26 [50]

Answer:

Seller Surplus

Explanation:

In business terms, there is a difference in the expected value what a seller expects to receive from the products it sells and from the amount it actually earns.

The cost of the product not only involves the monetary cost but it also involves the cost in terms of efforts involved to produce an article.

When a seller puts a product in the market, then he tries to have it a market value more than its cost. When such market value is realised then the difference in cost and market value is surplus for the supplier or producer.

But in cases where the consumer is efficient enough to bargain such product and only pays an amount which is less than the cost, then there arises seller deficit, which is represented as a negative seller surplus.

4 0
3 years ago
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