All categories

3 years ago

Define a cash budget

1 answer:

5 0

A cash budget is a budget or plan of expected cash receipts and disbursements during the period. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payments. In other words, a cash budget is an estimated projection of the company's cash position in the future.

You might be interested in

Suppose you will receive $500 in one year and the risk-free interest rate (rf) is 5%. The equivalent value today is closest to:

scoundrel [369]

Answer:

$525

Explanation:

Calculation for The equivalent value today

Equivalent value=$500 × (1+.05)

Equivalent value=$500 × (1.05)

Equivalent value= $525

Therefore The equivalent value today is closest to:$525

6 0

3 years ago

Abigail is the owner of a tract of land, but Umberto owns the mineral and excavation rights to that land. Umberto commences exca

Andrej [43]

Answer:

A, absolutely liable for any collapse.

Explanation:

In the cause of excavation of mineral resources on the land Umberto has mineral and excavation rights for, the surface of the land collapses. This makes Umberto liable for the collapse of the surface of the land and Abigail can have a case against him for destruction of property.

Cheers.

5 0

3 years ago

Read 2 more answers

Erin mcqueen purchased 50 shares of bmw, a german stock traded on the frankfurt exchange, for 64.5 euros (€) per share exactly 1

faust18 [17]

Erin McQueen purchased 50 shares of BMW, a German stock traded on the Frankfurt Exchange, for 64.5 euros (â‚¬) per share exactly 1 year ago when the exchange rate was 0.67 â‚¬/US$. Today the stock is trading at 71.8 (â‚¬) per share, and the exchange rate is 0.75 â‚¬/US$.

a. Did the depreciate or appreciate relative to the US$ during the past year? Explain.

b. How much in US$ did Erin pay for her 50 shares of BMW when she purchased them a year ago?

c. For how much in US$ can Erin sell her BMW shares today?

d. Ignoring brokerage fees and taxes, how much profit (or loss) in US$ will Erin realize on her BMW stock if she sells it today?

Answer:

a. The euro appreciated against the US dollar.

At the beginning of the past year, the €/$ exchange rate was 0.67. This means $0.67 was required to buy one Euro.

At the end of the year, the €/$ exchange rate was $0.75, meaning $0.75 are needed to buy one Euro.

Since it costs more U.S. dollars to buy one Euro at the end of the year, the USD has depreciated against the euro and the euro has appreciated against the USD .

b. Erin paid $4813.43 for the purchase of 50 BMW shares a year ago.

Share price of BMW a year ago = €64.50

Price for 50 BMW shares = €3225 (€64.50 × 50)

€/$ = 0.67

Price in $ = $4813.432836 (3225/0.67)

c. Erin can sell her BMW shares for $4786.67

Share price of BMW a year ago = €71.8

Price for 50 BMW shares = €3590 (€71.8 × 50)

€/$ = 0.75

Price in $ = $4786.666667 (3590/0.75)

d. Erin will lose $26.76 if she sells today.

Gain or Loss = Today's price ($) - Price a year ago ($)

Gain or Loss = -26.76616915 ($4786.666667 - 4813.432836)

4 0

3 years ago

An on-premises workload consists of a single server with an Apache instance and a MySQL database. The Solutions Architect plans

kakasveta [241]

Answer:

Provision the workload in an Auto Scaling group across Availability Zones, with a minimum of two Amazon EC2 instances Use an Application Load Balancer in front of an Auto Scaling group.

Explanation:

To ensure high availability configure at least 2 EC2 instances so if one fails the other will be a backup. Also aouto scale across various regional availability groups. Worldwide Amazon has various availability stations so making the workload available across multiple regions ensure it will not be affected incase a region goes down.

8 0

4 years ago

S. Gunner purchased a piece of equipment costing $6,000. She paid $1,000 immediately and put the rest on account. Show how to re

quester [9]

Answer:

6,000 on the left side of Equipment account; $5,000 on the right side of Accounts payable account; $1,000 on the right side of the Cash account

Explanation:

When fixed assets are bought whether paid for or not, debit the asset account with the monetary value if the asset, and credit cash or bank if payment is made or credit account payable account where purchase is on credit.

In this case, the following entries should be done:

Debit Equipment Account $6,000

Credit Cash Account $1,000

Credit Account Payable $5,000

8 0

3 years ago