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slega [8]
3 years ago
7

Roman Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $43,000

. Budgeted cash receipts are $97,000, while budgeted cash disbursements are $126,000. Roman Company wants to have an ending cash balance of $45,000. How much would Roman Company need to borrow to achieve its desired ending cash balance?
Business
1 answer:
Irina18 [472]3 years ago
6 0

Answer:

$31,000

Explanation:

The computation of the borrowed amount is shown below:

= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance

= $43,000 + $97,000 - $126,000 - $45,000

= $31,000

Simply we add the expected cash receipts and less the expected cash disbursements and minimum monthly cash balance to the beginning cash balance so that accurate value can come.

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Topik is a product that is sprayed on thinning hair and makes the hair appear thicker. The manufacturer considers its potential
Alik [6]

Answer:

(C) target market

Explanation:

The group of people for which a product is designed and aimed to is the product's target market. In this case, Topik is a product that aims to sell to blue-collar workers who earn less than $30,000 per year, are divorced, and who like to think of themselves as weekend athletes, which is the product's target market.

The answer is (C).

4 0
3 years ago
In ________ teams, there is an expectation of increased productivity and quality of work life because employees are delegated gr
posledela

In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.

<h3>What is self managed team?</h3>

Self-managed team includes group of people a that work together to render a service or to sell and produce a good.

They do not work under any manage or require managerial supervision.

Therefore, In self managed teams, there is an expectation of increased productivity and quality of work life because employees are delegated greater authority and granted increased autonomy.

Learn more on self managed team

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6 0
2 years ago
At KL Corporation, budgeted sales in units for April, May, and June are 50,000 units, 36,000 units, 40,000 units, respectively.
kiruha [24]

Answer:

Sales revenue= $180,000

Explanation:

Giving the following information:

Budgeted sales:

May= 36,000 units

The selling price per unit is $5.

The sales revenue is calculated as the total number of units sold for the selling price:

Sales revenue= number of units*selling price

Sales revenue= 36,000*5= $180,000

6 0
3 years ago
PlastiPharm has several clients whose contracts require the company to store three to six months of raw materials for them just
ANTONII [103]

The reason why PlastiPharm should care about excess inventory is:

  • It can lead to the degradation of the raw materials

<h3>What is Excess Inventory?</h3>

This refers to the situation where there is a product that is yet to be sold due to the excess estimated demand for the product which leads to the overstock of the product.

With this in mind, we can see that PlastiPharm should be worried about the excess inventory because it can lead to the degradation of the raw materials as they are overstocked.


Read more about excess inventory here:
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7 0
2 years ago
When interested rates are high cost less money to borrow money true or false
Andrei [34K]

Answer:

That statements is false

Explanation:

When you borrow money, interest represent the additional amount that you need to give back to the creditor. For example let's say that you borrow $1,000 with 10% interest rate per year. After one year, you need to pay back the loan with additional $100 ($1,000 x 10%) for the creditor.

This means that when the interest rate is high, it will cost you more to borrow money.

7 0
3 years ago
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