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Oxana [17]
3 years ago
9

All sales are made on account. Collections from customers are normally 70 percent in the month of​ sale, 20 percent in the month

following the​ sale, and 9 percent in the second month following the sale. The balance is expected to be uncollectible. All purchases are on account. Management takes full advantage of the 2 percent discount allowed on purchases paid by the tenth of the following month. Purchases for November are budgeted at​ $150,000, and sales for November are budgeted at​ $165,000. Cash disbursements for expenses are expected to be​ $36,000 for the month of November. The​ company’s cash balance on November 1 was​ $55,000. Calculate the excepted cash balance on November 30.
Business
2 answers:
Phantasy [73]3 years ago
7 0

Answer:Am nevoie de Puncte

Explanation:

Taya2010 [7]3 years ago
5 0

Answer:

The expected ending balance on November 30 will be $134,500

Explanation:

Sales Collected (165,000*70%)                  $115,500

Expenses paid                                            ($36,000)

Cash Opening                                               $55,000

Cash ending Nov 30                                    $134,500

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Manuel is retired and receives a fixed payment from his pension each month. when there is inflation?
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Manuel is retired and receives a fixed payment from his pension each there is inflation when the buying power of his pension will fall

This is further explained below.

<h3>What is inflation?</h3>

Generally, Inflation refers to the rate at which prices continue to grow during a certain period of time, and the term may also refer to inflation itself. In most cases, inflation is assessed on a broad scale, such as the overall increase in prices or the growth in the cost of living in a particular nation.

To put inflation in its most basic form, it may be thought of as the general upward trend in the prices of goods and services over time. What this implies is that a dollar spent now won't purchase as much in the future. In other words, it will lower your ability to purchase things in the future.

In conclusion, Manuel is now retired and receives a certain amount from his pension on an annual basis. In the event that there is inflation, Manuel will be able to buy a lesser total amount with his pension money.

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Answer:

NPV = $-42,124.72

Explanation:

The new present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

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To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

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