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emmainna [20.7K]
3 years ago
8

A combination of a sole proprietorship and corporation

Business
1 answer:
egoroff_w [7]3 years ago
8 0
The answer is cooperative. It is described as jointly-owned and democratically-controlled enterprise. It includes <span>non-profit community organizations. There are many types of cooperatives such as worker cooperatives, consumer cooperatives, and producer cooperatives.</span>
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Wildcat, Inc., has estimated sales (in millions) for the next four quarters as follows:
slavikrds [6]

Answer:

Wildcat, Inc.

WILDCAT, INC. Cash Budget (in millions)

                                                  Q1           Q2          Q3          Q4

Beginning cash balance         $78.00    $115.90   $48.45   $83.40

Net cash inflow                         37.90      -67.45     34.95      71.05

Ending cash balance             $115.90    $48.45    $83.40 $154.45

Minimum cash balance          -40.00     -40.00     -40.00   -40.00

Cumulative surplus (deficit)  $75.90      $8.45    $43.40  $114.45

Explanation:

a) Data and Calculations:

                                 Q1      Q2      Q3      Q4     Q1

Sales (in millions) $165   $185  $205  $235   $180

Accounts receivable at beginning of the year = $71 million

Collection period = 45 days = 50% in each quarter and 50% in the next

Purchases for the quarter = 45% of next quarter's forecast sales

Payment period = 36 days

Wages, taxes, etc. = 20% of sales

                                      Q1          Q2        Q3        Q4         Q1

Sales (in millions)        $165       $185    $205       $235     $180

Cash collections:

50% quarter of sales             82.50    92.50    102.50     117.50

50% next quarter                   71.00     82.50    92.50    102.50

Total cash collections          153.50    175.00   195.00   220.00

Purchases                              83.25     92.25  105.75   81.00

Cash Payments:

80% month of purchase      66.60     73.80   84.60   64.80

20% following purchase                     16.65    18.45     21.15

Total purchases payments 66.60     90.45  103.05  85.95

Wages, taxe, etc.                 33           37          41        47

Interest and dividends        16            16          16        16

Capital outlay                                     99

Total cash disbursements 115.60   242.45   160.05  148.95

Net cash inflow                   37.90   -67.45      34.95    71.05

Cash, beginning = $78 million

Desired minimum balance = $40 million

5 0
2 years ago
5 dimensions of job satisfaction
Elenna [48]
Pay/type of work/promotion opportunities/supervision/coworkers
8 0
3 years ago
NbADBGLKvb.ka Dvhb.wrkbvkrh.hbk.cS
elixir [45]

Answer:

It's A.

Explanation:

Can i please have brainlest.

3 0
3 years ago
Read 2 more answers
What school did Brittany Bailey go to on a field trip that helped her decided on her career?
scoundrel [369]

Answer:

she went to the school called Lord duffrent public school.

Explanation:

3 0
3 years ago
Read 2 more answers
Kate calls her broker to purchase 200 shares of IBM. The broker tells her that the price of a share is currently $90. Kate decid
stiv31 [10]
This type of order is called limit order. Kate wants to purchase an IBM share at a specific price. Limit order does not necessarily mean that it is a market order since order may not push through.
6 0
3 years ago
Read 2 more answers
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