For the month of november, whetzel corporation. predicts total cash collections to be $1 million. also for november, whetzel cor
poration. estimates that its beginning cash balance will be $50,000 and that it will borrow cash in the amount of $70,000. if whetzel corporation. estimates an ending cash balance of $30,000 for november, what must its projected cash disbursements be
The projected cash disbursements for Whetzel Corporation for November is $1,090,000. This is calculated as follows: the beginning cash balance of $50,000 will be increased for the November cash collections of $1,000,000 and the cash borrowed of $70,000 (a cash inflow). This amount of total cash inflows would then be reduced by the total disbursements to get to the ending balance of $30,000. By subtracting the $30,000 ending balance from the above number we will get the total disbursements. See below: $50,000+$1,000,000+$70,000=$1,120,000 $1,120,000-$30,000=$1,090,000 Check: $50,000+$1,000,000+$70,000-$1,090,000=$30,000 (agrees to ending balance)
Answer:It is true that in many organization marketing does not have a place of importance in the organizational hierarchy as spending on marking cuts on their profit making. These firms need no marketing strategies as they are on regional or street or local level. Theses are small business. The customer base of these firms is near by public. These firms don’t work to reach far away customers
The Fed can<span> influence the </span>money supply<span> by modifying </span>reserve requirements, which is the amount of funds banks must hold against deposits in bank accounts. ... Inopen<span> operations, the </span>Fed<span> buys and sells </span>government securities<span> in the </span>open market.If the Fed wants to increase the money supply<span>, it buys </span>government bonds<span>.</span>
