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
Allisa [31]
3 years ago
7

Which of the following cash budget equations is incorrect? Multiple Choice Period one ending cash balance = period two beginning

cash balance Beginning cash + cash receipts = total cash available Cash payments + cash cushion = total cash needed Cash payments + cash receipts = cash requirements
Business
1 answer:
iris [78.8K]3 years ago
7 0

Answer:

Cash payments + cash receipts = cash requirements

Explanation:

The cash budget is a budget which deals in a inflow and outflow of cash. The inflow of cash refers to the incoming of cash through receipts while the outflow of cash refers to the outgoing of cash through payments

It interprets the liquidity of the business organization whether organization has enough cash or it can be borrowed for running its organization

Therefore, the Cash payments + cash receipts = cash requirements is wrong as other equations that are given are right

You might be interested in
You have recently been made aware that your purchasing department is spending five hours to source and purchase components for y
gulaghasi [49]

Answer:

deluxe line

\

Explanation:

7 0
2 years ago
Question 1 of 20
qaws [65]

Answer:

Historically, an initial public offering, or IPO, has referred to the first time a company

Explanation:

3 0
2 years ago
Read 2 more answers
You have just won the lottery and will receive a lump sum payment of $22.57 million after taxes. Instead of immediately spending
Grace [21]

Answer:

I will withdraw $1,441,542.

Explanation:

Wquivalent annual annuity is the amount equally received or paid with investment on a specified rate including interest and its compouding effect as well.

PV of Annuity (NPV) = Payment (EAA) × [ (1 − (1 + r)-n / r ]

22,570,000 = EAA × [ ( 1 − ( 1 + 4.84% )^-30 / 4.84% ]

22,570,000 = EAA × [ ( 1 − ( 1 + 0.0484 )^-30 / 0.0484 ]

22,570,000 = EAA × [ ( 1 − ( 1.0484 )^-30 / 0.0484 ]

22,570,000 = EAA × 15.65685

EAA = 22,570,000 / 15.65685

EAA = $1,441,541.56

EAA = $1,441,542

5 0
3 years ago
Patrick has assets that total $9,500. His liabilities total $1,900. Which expression will find Patrick’s net worth?
nlexa [21]
9500-1900 is patrick’s net worth
6 0
3 years ago
Read 2 more answers
Arkensland is a highly industrialized country. Prices have been steadily increasing over the last few years and inflation reache
babunello [35]

Answer:

D. The velocity of money increased this year.

Explanation:

As for the details provided, we know that the actual inflation is increasing rapidly, also the real income increased but not with the same level.

And still after so many measures initiated by the central bank the inflation has  been increasing. This provides for the speed of increase in the value of money.

As with the increasing inflation that too after so many measures the velocity has been increasing of value of money which makes it more valuable.

Basically the power to buy decreases with the same amount of money.

5 0
2 years ago
Other questions:
  • __________ are not one of the types of engagements and related forms of conclusions that are defined by the attestation standard
    7·1 answer
  • LeMay Frosted Flakes Company offers its customers a pottery cereal bowl if they send in 4 boxtops from LeMay Frosted Flakes boxe
    13·1 answer
  • A hairdryer manufacturer produced a new model that could dry a person's hair in under five minutes. When customers used this hai
    10·1 answer
  • __________ involves defining the firm's marketing mix variables so that target customers have a clear, distinctive, and desirabl
    5·1 answer
  • The Absolute Zero Co. just issued a dividend of $3.40 per share on its common stock. The company is expected to maintain a const
    5·1 answer
  • Sayon Co. issues 200,000 shares of $5 par value common stock to acquire Trask Co. in an acquisitionbusinesscombination. The mark
    9·1 answer
  • What does cc and bcc mean in business studies​
    9·1 answer
  • Susan Orman wants to pay $1,550 semiannually to her granddaughter for 10 years for helping her around the house. If Susan can in
    8·1 answer
  • On December 31, 2020, Dow Steel Corporation had 610,000 shares of common stock and 31,000 shares of 9%, noncumulative, nonconver
    7·1 answer
  • What type of pricing objective would an organization use if it were in a favorable position and desired nothing more
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!