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pishuonlain [190]
3 years ago
7

4. A company expects its September sales to be 15% higher than its August sales of $140,000. Purchases were $75,000 in August an

d are expected to be $85,000 in September. All sales are on credit and are collected as follows: 30% in the month of the sale and 70% in the following month. Merchandise purchases are paid as follows: 25% in the month of purchase and 75% in the following month. The beginning cash balance on September 1 is $71,500. The ending cash balance on September 30 would be: A. $121,800 B. $148,700 C. $140,300 D. $143,700 E. $135,300
Business
2 answers:
prisoha [69]3 years ago
8 0

Answer:

C $140 300

Explanation:

First we identify credit and cash sales in both months

Item                             August                   September

Sales                           $140000                  15% higher (140000*1.15) =$161000

Purchases                  $75 000                    $85000

Cash sales                                                 for prev month (140000*0.7)=$98000

                                                                  for current month (161000*0.3)=4830

Purchases                                                 for prev month (75000*0.75)=56250

                                                                 for current month (85000*0.25)=21250

Calculate the ending cash balance for September

Opening balance = $71500

So add cash sales and subtract cash purchases = 71500+98000+4830-56250-21250 =$140300

Gre4nikov [31]3 years ago
7 0

Answer: C. $140,300

Explanation:

Cash balance on Sept 1 is $71,500

Sales: $140,000*15%+$140,000

Sales in sept = $21,000+ $140,000

= $161,000

Cash collected Sept =$161,000*30%

= $48,300

Cash collected in sept for August sales = $140,000*70%= $98,000

Purchases Sept = $85,000

Cash purchases = $85,000*25%

= $21,250

Cash purchases in August = $75,000*75%= $56,250

Ending cash bal in Sept = $71,500+ $48,300 + 98,000- $21,250 - 56,250 = $140,300

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Human resource​ (HR) management includes activities such​ as: A. Analyzing competitors B. ​Disciplining, promoting,​ transferrin
natita [175]
Answer:
The answer is B. Disciplining, promoting, transferring, and demoting.

Hope This Helps!
Can I get Brainliest?
8 0
3 years ago
g Compare and contrast a four Ps approach to marketing versus the value approach (creating, communicating, delivering and exchan
abruzzese [7]

Answer:

The 4Ps are Product, Pricing, Promotion, Place.

Explanation:

Thinking about it carefully, one would note that there is really nothing to contrast between the value approach which is Creating, Communicating, Delivering and Exchanging Value.

Let's make the comparisons:

  • Products and Services are Created. It's impossible to have a product or service that is not created.

The inherent quality of a Utility or Product or Service is that they are value which is Created. So in describing the marketing approach, one can use both interchangeably.

  • Pricing vs Exchanging Value

Again there is a parallel here. Price is the value you have put on your product or service. Without price, it's difficult to exchange value. Again in the marketing process/approach, it's difficult to separate the two. In both approaches, pricing and Exchanging Value as steps in the marketing approach can be used interchangeably.

  • Communicating vs Promotion

This is also another parallel. Promotion is simply another way to communicate the value of your product. Both are really not different.

  • Delivering Value vs Place

Place under the 4 Ps approach speaks to the location where the product is delivered. Again it's clear to see that both cannot be separated.

In conclusion, assuming all factors are the same and held constant between two companies A and B, if company A follows the 4Ps approach and company B follows the Value approach, they are most likely to arrive at the same results.

Cheers!

5 0
3 years ago
2019 2018 2017 2016 2015 Sales $ 672,736 $ 439,697 $ 356,030 $ 248,972 $ 185,800 Cost of goods sold 352,273 230,192 188,636 130,
drek231 [11]

Answer:

                                      2019        2018     2017      2016     2015

Sales                              362           237      192         134        100

Cost of goods sold       365           238      195         135        100

Accounts receivable    254           202       191          114        100

Explanation:

Note: See the attached excel file for the table showing how the trend percents are calculated.

Trend percents, often known as index numbers, can be described as percents that are used for comparing financial data across time to a based year or period. This can be calculated using the following formula:

Trend percents = (Analysis year amount / Base year amount) * 100 ........ (1)

Using equation (1), the following table shows the trend percents computed as follows:

                                     2019         2018     2017      2016     2015

Sales                              362           237       192         134        100

Cost of goods sold       365           238       195         135        100

Accounts receivable     254           202       191          114        100

Download xlsx
4 0
3 years ago
Max points can water be wet
Montano1993 [528]
No water can't be wet
8 0
3 years ago
Read 2 more answers
AnaCarolina and Jaco, executive managers at Duke Manufacturing, are tasked with determining appropriate performance metrics for
Finger [1]

Answer:

a. number of returns due to incorrect products shipped in response to orders.

Explanation:

AnaCarolina and Jaco, executive managers at Duke Manufacturing can use the number of returns due to incorrect products shipped in response to orders to determine appropriate performance metrics for the customer perspective of Duke's balanced scorecard.

The defective units in the production line will give a performance metrics with respect to customer's order.

7 0
3 years ago
Read 2 more answers
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