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Vilka [71]
4 years ago
9

When forecasting balance sheet financials, an unusually high forecasted cash balance suggests which of the following? A. Sales a

re projected to increase in coming years B. The company will need to sell additional stock. C. The company is generating a lot of cash, most typically from operations. D. Account receivables have dipped to an unacceptable level. E. None of the above
Business
1 answer:
Inga [223]4 years ago
7 0

Answer:

The correct option is E

Explanation:

If the business is forecasting the financials of the balance sheet and mostly the high forecasted balance of cash implies that the company or the firm could pay off the debt in the next or the following year.

The forecasted high cash balance most likely decrease the long term and the short term debt of the company in order to reduce the cash levels to a consistent level.

So, none of the above options provided is correct.

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It is likely that airplane tickets will be increased by 5% each year for the next four years. The cost of the plane ticket to De
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Answer:

The amount to save now is = $862.03 (to 2 decimal places)

Explanation:

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Year 3 new price = 210 + 10.5 = $220.5

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Next to calculate the amount needed to pay for one travel ticket per year for the next four years, we will add the prices of the tickets each year as follows:

Total amounts needed = 200 +210 + 220.50 + 231.53 = $862.03

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Answer:

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