Answer:
Expected cash balance = $48000
Explanation:
Given
Cash receipts = 171000
Cash disbursements = 158000
Starting period = 35000
Minimum desired cash balance = 10000
From the above,
Cash available = Cash receipts + starting period
= 171000 + 35000
= 206000
Therefore,
Cash balance at the month end
= Cash available - Cash disbursements (payments)
= 206000 - 158000
= $48000
Answer:
$292,300
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is presented below:
Cash flow from Operating activities
Net income $194,700
Add: Depreciation expense $47,700
Add: Loss on the disposal of plant assets $4,900
Add: Decrease in accounts receivable $19,900
Add: Increase in accounts payable $21,900
Add: Decrease in prepaid expenses $3,200
Net Cash flow from Operating activities $292,300
<span>the services that Williamson mentions are usually paid for using federal income tax, and those that are paid for using state sales tax or property taxes are :
</span>
● Federal income tax : Entitlement Programs,
Education, Technology, Defense and Security, Social Security, Health
Problem Programs such as Medicare, Aid programs, Interest
on National Debts, Scientific and Medical Research, Transportation)
● Sales tax and property taxes : Roads, Schools, Sewer system,
Healthcare, E<span>ducation, Local Government Aid, Property Tax Relief,
Social Service Programs, Highways, Economic Development
Incentives and Grants for businesses, and other state programs and operations.</span>
Answer: Melissa, a proven salesperson from a competing firm
Explanation:
The best candidate for the role of a sales person is Melisa who is a salesperson from a competing firm. Since the objective of Eric Brown who is the human resource manager is to minimize training costs post recruitment, Melisa is the right candidate.
Melisa already has lots of experience as a salesperson in a previous company so,she is experienced and hence won't need to undergo any training unlike a product developer or engineer who need to undergo some trainings.
In increase in prices makes less people want to buy