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
zhuklara [117]
3 years ago
12

Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.

Business
1 answer:
Georgia [21]3 years ago
5 0

Answer:

$47,000

Explanation:

The cash budget is a forecast of the company's expected movement in cash considering the expected outflows and inflows. This movements result in a change between the opening and ending cash balance. This may be expressed mathematically as

Opening balance + Cash receipts - Cash disbursed = ending balance

Cash receipts for the period

= $264,000

Cash disbursed

= $138,000 + $80,000 + $10,000 + $15,000

= $243,000

ending balance  = $26,000 + $264,000 - $243,000

= $47,000

You might be interested in
In its role as money manager, the Federal Reserve has three primary goals: to maintain stable prices (control inflation), ensure
pogonyaev

The federal reserve can manipulate the economy using the fiscal policy. The tools that it uses are interest rates and money supply.

In times of recession the federal reserve generally lowers the interest rates which stimulates the economy by allowing firms to borrow money at a cheaper price. Also, the consumers are encouraged to spend more. This leads to increase in production output and hence increase in employment rates.

To control the inflation, feds increases the interest rates, which decreases consumer spending and allow them to save more. Higher interest rates mean higher price of borrowing and therefore, inflation level decreases.

5 0
3 years ago
When marketing managers attempt to identify "Key Success Factors" they typically are engaged in the _________________ component
spin [16.1K]

Answer:

The correct answer is letter "D": Industry analysis.

Explanation:

The strategic marketing planning process represents the set of steps companies take to advertise their products. The process could take five (5) steps which are <em>planning the firm's mission, goals, and objectives; analyze the industry positioning; establishing marketing tactics; conducting the process; </em>and<em>, monitoring. </em>

By analyzing the industry position, organizations conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis to find out the "Key Success Factors" and determine the inner and outer companies factors that could affect its performance.

7 0
3 years ago
You have a portfolio that consists of equal amounts of IBM stock and Treasury bills. If you replace one-third of Treasury bills
postnew [5]

Answer: increase

Explanation:

You have a portfolio that consists of equal amounts of IBM stock and Treasury bills. If you replace one-third of Treasury bills with more IBM stock , the expected portfolio return will increase, ceteris paribus

The expected return for a particular investment are the returns which a an investor expects when he or she invests in a particular investment. In the above scenario, there'll be an increase in the expected portfolio return.

7 0
3 years ago
Master scheduling is __________. a. a field in the master schedule record that indicates the number of units that are available
Karolina [17]

Answer:

D if this is anything related to business then there is always something that reviews everything and the most common term for it is Master scheduling.

Explanation:

5 0
3 years ago
​to fully appreciate what an effective marketing concept means to the firm, the marketer must first understand that ____________
marusya05 [52]

customer satisfaction; earn long-term profits; increased shareholder value

4 0
3 years ago
Other questions:
  • The actual cost of direct materials is $ 12.50 per pound. The standard cost per pound is $ 9.00. During the current​ period, 9 c
    8·1 answer
  • A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deepl
    15·1 answer
  • Kevin and Maria are building their portfolios. Kevin purchases shares in a mutual fund and pays fees to a manager who actively m
    6·1 answer
  • Far Trade Company and Global Shipping, Inc., have their dispute resolved in arbitration. The arbitrator meets with Far's represe
    13·1 answer
  • The purpose of sobriety checkpoints that are set up by community and state police is to deter drunk driving and ultimately save
    8·1 answer
  • Internal controls are crucial to companies that convert from U.S. GAAP to IFRS because of all of the following risks except: Mul
    5·2 answers
  • Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency vari
    11·1 answer
  • When Leo converses with his colleagues in the multinational company that he works for, he finds that he is the only one who beli
    5·1 answer
  • What does the inflation rate indicate?
    9·1 answer
  • Cameron visits a sporting goods store to buy a new set of golf clubs. He is willing to pay $750 for the clubs but buys them on s
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!