Answer:
Shawna needs to consult with a financial advisor to make sure she has not missed any details.
Answer:
Calculations below
Explanation:
beginning cash balance $ 26,000
Add; Cash receipts $ 105,000
Total cash available $ 131,000
Less: Cash disbursments $ (94,000)
Excess (Deficieny) of cash available over disbursments $ 37,000
Borrowings ($70,000-$37,000) $ 33,000
Ending cash balance $ 70,000
I think it’s either the last one or the first one sorry if I’m wrong
Answer:
if business owners want to maximize the value of the company, they should invest in projects that have the greatest value added.
Answer:
Total cash collection= $530,000
Explanation:
Giving the following information:
<u>Sales:</u>
February $500,000
March $400,000
April $600,000
60% of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following the sale.
<u>Cash collection April:</u>
Cash collection credit sales from April= (600,000*0.6)= 360,000
Cash collection credit sales from March= (400,000*0.3)= 120,000
Cash collection credit sales from February= (500,000*0.1)= 50,000
Total cash collection= $530,000