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valkas [14]
3 years ago
15

In preparing a budgeted balance sheet, the dollar amount of Accounts Receivable can be derived from: Multiple Choice The purchas

es budget and schedule of cash payments. The sales budget and the schedule of cash receipts. The capital expenditures budget and purchases budget. The budgeted income statement and budgeted balance sheet.
Business
1 answer:
Fittoniya [83]3 years ago
8 0

The sales budget and the schedule of cash receipts.

Option B.

<u>Explanation:</u>

Account receivable is the account which consists of the amount that is to be received by a firm for the goods and the services that have been delivered to the customers but the amount and the payment has not yet been received by the firm for the same.

The amount of money that is still to be received can be derived from the accounts having the sales that is done by the firm to the clients.

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If housing prices fall by 4% how much will the value of a $200,000 home decline in price
Flura [38]

Answer:

8000

Explanation:

200000 divided 100 multiply by 4% equal 8000

8 0
2 years ago
Read 2 more answers
When an Accounts Payable department improves their information system resulting in faster payments to vendors, without the Accou
weeeeeb [17]

Answer: C) suboptimization

Explanation:

The Accounts Payable department's system has been optimized yet the Accounts receivable's system has not been optimized. This means that the company as a whole is suboptimized because only one department was optimized and the other was not.

It can lead to problems such as a credit crunch because the company is paying cash faster than it is receiving it. If both departments were optimized, this wouldn't be the case as the payments and receipts would tally.

4 0
3 years ago
A company purchased equipment valued at $190,000. It traded in old equipment for a $108,000 trade-in allowance and the company p
pogonyaev

Answer: $190,000

Explanation:

The recorded value of the new equipment will be the summation of the trade in allowance and the cash that was paid. This will be:

= $108,000 + $82,000

= $190,000

8 0
3 years ago
According to the specifications that a customer gave to a manufacturer, the length of a shoe should not deviate from the correct
vichka [17]

Answer:

Capability ratio = 1.04166

Explanation:

Given:

Length of a shoe (not deviate) = 1 mm

Standard deviation of this length = 0.32 mm

Number of standard deviations = 3

Find:

Capability ratio = ?

Computation:

Capability ratio = [Length of a shoe (not deviate) / Standard deviation of this length] / Number of standard deviations

Capability ratio = [1 / 0.32] / 3

Capability ratio = 3.125 / 3

Capability ratio = 1.04166

Capability ratio is greater than 1, therefore process is capable.

4 0
3 years ago
You own a portfolio equally invested in a risk-free asset and two stocks (If one of the stocks has a beta of 0.66 and the total
Alja [10]

Answer:

The beta of the other stock or stock B is 2.34

Explanation:

The beta of the portfolio is the weighted average of the individual stock betas that form up the portfolio. To calculate the beta for the portfolio, we use the following formula,

Portfolio beta = wA * Beta of A + wB * Beta of B + ... + wN * Beta of N

Where,

  • w represents the weight of each stock in the portfolio

As the portfolio is equally as risky as the market, the portfolio beta is assumed to be the same as that of the market and the beta is 1.

The beta is the measure of systematic risk and a risk free asset does not have risk and has a beta of 0.

To calculate the Beta of stock B in the portfolio, we simply put the available values in the formula for the portfolio beta,

1 = 1/3 * 0 + 1/3 * 0.66 + 1/3 * Beta of B

1 = 0 + 0.22 + 1/3 * Beta of B

1 - 0.22 = 1/3 * Beta of B

0.78 * 3 = 1 * Beta of B

2.34 = Beta of B

Thus, the beta of the other stock or stock B is 2.34

4 0
4 years ago
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