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Oksi-84 [34.3K]
3 years ago
7

On May 1, Vaya Corp. had a beginning cash balance of $175. Vaya’s sales for April were $430, and May sales were $480. During May

, the firm had cash expenses of $110 and made payments on accounts payable of $290. Vaya’s accounts receivable period is 30 days. What is the firm’s beginning cash balance on June 1?
Business
1 answer:
ella [17]3 years ago
7 0

Answer:

The firm’s beginning cash balance on June 1 is $ 205.

Explanation:

We have to use the following the formula to reach to the beginning cash

Beginning Cash balance june 1 = Beginning cash balance may 1 + sales - expenses

Beginning Cash balance june 1 = [$175] + [$430] - [$110 + $290]

Beginning Cash balance june 1= $ 205

Important. The may sales are not included in the calculation because accounts receivable time is 30 days, so may accounts receivable wont be collected until june.

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A good process should __________ and remove the inflexibility of a defined procedure of operation.
pickupchik [31]

A good process should<u> facilitate the adaptability</u> and remove the inflexibility of a defined procedure of operation.

Answer: Option 1.

<u>Explanation:</u>

A good process is the one which does not remain the same forever. It should have facilities for accepting the changes where ever they are needed. The changes should be done with time.

A good process should not be inflexible and it should be flexible. The flexibility only should make it adaptable to the changes over a period of time for more development.

4 0
3 years ago
Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year
Anon25 [30]

Answer:

$54,000

Explanation:

The computation of the segment margin for the West Division is shown below:

First we have to find the contribution margin which is as follows

= Number of units sold × (Selling price per unit - variable cost per unit)

= 36,000 × ($6 - $3)

= 36,000 × $3

= $108,000

Now the segment margin is

= Contribution margin - direct fixed cost

= $108,000 - $54,000

= $54,000

6 0
4 years ago
Comment on the degree to which a market economy establishes liberty for individuals. Using ideas from the Circular Flow Model, w
fenix001 [56]

Answer: I dont know how to solve it i'm sorry -_-

Explanation:

6 0
3 years ago
14. Suppose that the production of $1 million worth of steel in Canada requires $100,000 worth of taconite. Canada’s nominal tar
VMariaS [17]

Answer:

The effective rate of protection for Canada’s steel industry is 21%

Explanation:

The computation of the effective rate is shown below:

Steel percentage = (Production worth of steel) ÷ (Taconite worth)

                             = ($1,000,000) ÷ ($100,000)

                             = 10%

And the tariff rate for steel is 20%

And the taconite percentage is 10%

So, the effective rate would be equal to

= Tariff rate for steel + taconite percentage × steel percentage

= 20% + 10% × 10%

= 20% + 1%

= 21%

7 0
3 years ago
professional university teaches a large range of undergraduate courses. it is interested in determining the cost equation for th
Rufina [12.5K]

The equation for facilities cost (fc) as a function of student credit hours is 350000 + .60 per credit hour

<h3>How are facility costs calculated?</h3>

Ongoing operating expenses for the facility consist of property taxes, utilities, site maintenance and landscaping, insurance, and facility maintenance and repair costs. Add up the total amount spent on each expense category to determine its cost. Breaking down building costs reveals how much it really costs to run a business. More importantly, there's information about potential savings. Examples include building and equipment depreciation, operation and maintenance, administrative assistance, library services, and student services.

The variable cost per student credit hour = change in cost/change in credit hours

= [530000 - 500000] / [300000 - 25000]

= 30000 / 50000= $ .60 per credit hour

Fixed cost at highest activity = 530000 - [300000 * 0.6]

= 530000 - 180000

= 350000 Cost function

= 350000 + .60 per credit hour

To learn more about facility cost, visit: brainly.com/question/28336283

#SPJ4              

8 0
2 years ago
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