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
polet [3.4K]
3 years ago
10

​Clyde, Inc. has a cash balance of $ 20 comma 000$20,000 on April 1. The company is now preparing the cash budget for the second

quarter. Budgeted cash collections and payments are as​ follows: Apr May Jun Cash collections $ 20 comma 000$20,000 $ 25 comma 000$25,000 $ 25 comma 000$25,000 Cash​ payments: Purchases of direct materials 5 comma 8005,800 5 comma 0005,000 4 comma 0004,000 Operating expenses 5 comma 3005,300 5 comma 0005,000 4 comma 6004,600 There are no budgeted capital expenditures or financing transactions during the quarter. Based on the above​ data, calculate the projected cash balance at the end of April. $41,000 $35,000 $45,000 $25,000
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
7 0

Answer:

the projected cash balance at the end of April is $35700

Explanation:

Projected cash balance at the end of April

= Cash Balance at the beginning of the month + Total cash collection in the month - total cash payments during the month

=$20000 + $25000 - ($4000 + $5300)

= $35700

You might be interested in
Once the plan baseline has been approved and the project is underway, project teams deal with change by establishing and using a
IgorLugansk [536]

Answer:

A) True

Explanation:

A project's baseline plan refers to the project's plan starting point. It will serve as the reference point where you can measure the project's progress. Any proposed change to the project must be evaluated using the established change control system. The change control system is not a standard control tool and should be unique to the project based on the project's scope and budget. Changes that negatively affect the project's scope, budget and the schedule should be rejected.

6 0
4 years ago
Meyer inc's total invested capital is $660,000, and its total debt outstanding is $185,000. the new cfo wants to establish a tot
agasfer [191]
The correct answer is B, $178,000.  Meyer's current debt to capital ratio is 28 percent.  This figure is arrived at by dividing total debt outstanding by total invested capital. In order to achieve the target debt to capital ratio of 55%, Meyer must add $178,000 of debt so that his total debt comes to $363,000.
6 0
4 years ago
After identifying the target audience for the university's new advertising campaign, the advertising team needs to decide whethe
timofeeve [1]

Answer:

Inform, Persuade and Remind

Explanation:

Advertising has three main objectives, some also refer to them as promotion strategies. These objectives are to inform potential customers about the product; introduce the product, persuade them to try the product by emphasizing the benefits especially above competitors' products and then remind them about the product and the need to make a decision of commitment to the product.

These are also referred to as the broad advertising objectives in marketing which means various brands and products do have specific objectives and goals in mind while advertising their products. Specific objectives could include creating positive brand awareness, increasing sales as well as customer based among others.

For the University's new advertising campaign, therefore, potential students need to be informed about the product and also persuaded to try the product while existing students who already know about the product all reminded about the product and persuaded to try and patronise the product.

3 0
3 years ago
Sparkle Jewelry sells 700 units resulting in $ 90 comma 000 of sales​ revenue, $ 30 comma 000 of variable​ costs, and $ 22 comma
zysi [14]

Answer:

A. 736 units.

Explanation:

Operating income, also known as Earnings Before Interest and Taxes, is the income that company generates after paying for its manufacturing, operating, and administrative expenses. It is calculated as:

               Operating Income = (SP * Q) - (VC * Q) - Fixed cost

where

SP = Selling Price

Q = Target Quantity

VC = Variable cost

It means that the equation requires us to put the values of SP and VC. We are provided with sales revenue and variables costs at 700 units. This information will be used to calculate the required input variables. We know that;

Sales revenue = SP * Q

Variable cost = VC * Q

Simply put values and you will find that the SP is equal to $128.57, whereas variable cost is $42.86.

Now as we have all the values to calculate the Target quantity, put values in the equation:

⇒    41,000 = (128.57 * Q) - (42.86 * Q) - 22,000

OR  41,000 + 22,000 = Q (128.57 - 42.86)

OR  63,000 = Q (85.71)

⇒ Target quantity = Q = 736 units.

6 0
3 years ago
Which of these describes one function of a household in the economy? buys finished products sells finished products taxes finish
Oksana_A [137]

The function of a household in the economy is the buys finished goods.

<h3 /><h3>How do household impact the economy?</h3>

Through their basic and daily needs for the maintenance of quality of life, families drive the economy through their purchase needs and desires, generating demand for products and services.

Therefore, households impact the economy by determining demand that will drive supply.

Find out more about demand here:

brainly.com/question/1245771

#SPJ1

3 0
2 years ago
Other questions:
  • Which of the following does NOT describe acute exposure to hazardous materials?
    14·2 answers
  • Likely be covered under homeowners insurance but NOT by renter's insurance?
    10·2 answers
  • Explain the relationship between potential return and risk when considering an investment.
    5·1 answer
  • True or false: households sell finished products to businesses.
    9·1 answer
  • Paul and Roger are partners who share income in the ratio of 3:2. Their capital balances are $90,000 and $130,000, respectively.
    8·1 answer
  • 5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following co
    5·1 answer
  • What is a blue chip stock?
    13·2 answers
  • Which of the following most accurately describes one of the powers of stock holdiers
    14·1 answer
  • Brandon, the Marketing Manager at a public relations firm, suspects that one of his team members, Ross, has been engaging in sub
    14·1 answer
  • What should a firm do if they see that they have supplied more of product than the market will currently support?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!