1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
meriva
3 years ago
8

A company budgets the following merchandising purchases: April: $70,000; May $90,000; June: $60,000. All purchases are on accoun

t and the company pays 25% of purchases in the month of the purchase, 50% in the month after the purchase, and the remaining balance in the second month after the purchase. Cash disbursements for June for merchandise is
Business
1 answer:
velikii [3]3 years ago
3 0

Answer:

$77,500

Explanation:

The computation of the cash disbursement for June month is shown below:

= June purchase × month percentage given + May purchase × following month percentage + April purchase × second following month percentage

= $60,000 × 25% +$ 90,000 × 50% + $70,000 × 25%

= $15,000 + $45,000 + $17,500

= $77,500

The remaining percentage would be

= 100% - 25% - 50%

= 25%

You might be interested in
The __________ element of a business process includes people or computer applications assigned to roles.
nikdorinn [45]

The <u>Resources</u> element of a business process includes people or computer applications assigned to roles.

Operations management includes three degrees: strategic, tactical, and operational.

at the maximum essential level, control is a subject that consists of a fixed five well-known capabilities: making plans, organizing, staffing, main and controlling. those 5 capabilities are a part of a body of practices and theories on how to be a successful supervisor.

Operations control (OM) is the enterprise feature answerable for dealing with the technique of introduction of products and services. It entails planning, organizing, coordinating, and controlling all the assets needed to produce an organization's items and offerings.

Learn more about Operations management here

brainly.com/question/1276995

#SPJ4

5 0
2 years ago
Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans? open‑market sale fractional banking re
balu736 [363]

Answer:

Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans?

  • discount rate

the discount rate is the interest rate that the Federal Reserve System charges banks for the loans it makes. The overnight rate or the federal funds rate is even lower, but it lasts a few hours only.

Select the charge the Fed levies on banks borrowing funds that would result in the smallest increase in the money supply.

  • two percentage points above the private level

the higher the interest rate, the lower the increase in the money supply.

3 0
3 years ago
There are many account representatives who can help you with your order is an example of a cliche.
kenny6666 [7]

The statement"There are many account representatives who can help you with your order is an example of a cliche." is FALSE.  This is further explained below.

<h3>What are account representatives?</h3>

Generally, A professional who typically works on teams that are responsible for providing customer support and creating relationships is known as an Account Representative. They bring in revenue through establishing new customer connections and fostering those that are already in existence. They collaborate with clients on an as-needed basis throughout each step of the development process.

In conclusion, The convenience factor is one of the many benefits that listeners may get from podcasting as a form of advertising.

Read more about account representatives

brainly.com/question/27098701

#SPJ1

6 0
1 year ago
The owner of a personal watercraft put an ad for its sale in the paper. Her neighbor saw the ad and told her that he wanted to b
WARRIOR [948]

Answer: D. The neighbor, because obtaining financing was a condition precedent.

Explanation:

Even though it wasn't listed in the written contract, there was the condition precedent that the contract would not be binding unless funding was obtained. Condition precedent is a condition that must happen for a contract to become enforceable.

Funding was not obtained so the contract cannot be enforced. The neighbor would therefore prevail so long as the owner admits that there was indeed a condition precedent.

3 0
3 years ago
James company is paid $6,000 in dividends from mark corp. on its equity investment. james lacks significant influence over mark
Darina [25.2K]

James Company is paid $6,000 in dividends from Mark Corp. on its equity investment. James lacks significant influence over Mark Corp. James Company should-----credit dividend revenue

<h2>Dividend Revenue Definition:</h2>

A dividend is defined because the fraction of the earnings of an organization that will be distributed among shareholders. Dividend revenue is that the income the individual shareholders or investors would receive according to the number of shares held.

<h3>Where is dividend in balance sheet?</h3>

When a corporation issues a stock dividend, it distributes additional quantities of stock to existing shareholders consistent with the number of shares they already own. Dividends impact the shareholders' equity section of the company balance sheet—the retained earnings, particularly .

Learn more about dividend :

brainly.com/question/2960815

#SPJ4

5 0
1 year ago
Other questions:
  • Wallace is a salesperson in the Nebraska Territory for a firm selling kitchen appliances to mobile home manufacturers. At a scho
    13·1 answer
  • Polychromasia Company sold inventory costing $30,000 to its subsidiary, Simply Colorful, for double its cost in 2009. Polychroma
    13·1 answer
  • Business communicators normally use active voice more heavily than passive voice because active voice: a. conveys ideas more viv
    5·1 answer
  • Investing in a global stock fund is a good idea to:
    12·1 answer
  • Paul borrowed $90 from greg eight months ago. today, paul paid greg back $102.60. what is the simple annual interest rate that p
    7·1 answer
  • Which information is found on a credit report?
    13·1 answer
  • Which type of portfolio might a young investor who is not afraid of risk choose?
    11·1 answer
  • A stock is selling today for $40 per share. At the end of the year, it pays a dividend of $2 per share and sells for $44. a. Wha
    11·1 answer
  • James was a partner in a large firm. He died unexpectedly. His son, Frank, wanted to take over for his father in the partnership
    6·1 answer
  • Harper, Inc. acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2017, for $322,000 in cash. The
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!