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frozen [14]
3 years ago
11

The following information pertains to the January operating budget for Casey Corporation. times Budgeted sales for January $ 200

comma 000 and February $ 109 comma 000. times Collections for sales are 40​% in the month of sale and 60​% the next month. times Gross margin is 30​% of sales. times Administrative costs are $ 13 comma 000 each month. times Beginning accounts receivable is $ 30 comma 000. times Beginning inventory is $ 22 comma 000. times Beginning accounts payable is $ 68 comma 000. ​(All from inventory​ purchases.) times Purchases are paid in full the following month. times Desired ending inventory is 25​% of next​ month's cost of goods sold​ (COGS). At the end of​ January, budgeted accounts receivable is​ ________.
Business
1 answer:
Alexeev081 [22]3 years ago
6 0

Answer:

$120,000

Explanation:

The computation of the budgeted accounts receivable is shown below:

= Budgeted sales of January month × next month sales collection percentage

=  $200,000 × 60%

= $120,000

We simply multiply the January accounts receivable with the next month collection sales percentage to find out the budgeted accounts receivable

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A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a mo
sweet-ann [11.9K]

Answer:

A would be the best plan for the given use of 120 minutes durng daytiem and 40 minutes evening call.

B)

for only daytieme calls as Plan A has a lower rate in dayime than B it wil lbe always preferable over it. Now as point C has a flat rate plant A will be a better option below it:

$80 / 0.45 = 178 minutes

After this point plant A will surpass the 80 dollars flat rate charged by C therefore, be more expensive

from 0 to 178 Plan A

from 178 and above Plan C

Explanation:

               Plan A  Plan B Plan C*

daytime  0.45        0.55    0.40

evening  0.20        0.12      0.40

*Plan C cost per minute start after 200 minutes.

at 120 daytime and 40 evening call:

A) 120 x 0.45 + 40 x 0.20 =     62.00  

B) 120 x 0.55 + 40 x  0.12 =      70.80  

C) $200

3 0
4 years ago
Assume there is a fixed exchange rate between the Euro and U.S. dollar. The expected return and standard deviation of return on
drek231 [11]

Answer:

13.50%

Explanation:

From the given information ; we use EXCEL to compute the Dataset given and use it to determine the expected return on what the stock portfolio would be.

Check the attached file below for the solution in Excel Sheet.

8 0
3 years ago
Select the correct answer. How does insurance protect a policyholder against financial loss? A. by allowing the policyholder to
Mashcka [7]

Answer:

by allowing the policyholder to make premium payments

Explanation:

6 0
3 years ago
In Macroland, autonomous consumption equals 100, the marginal propensity to consume equals 0.75, net taxes are fixed at 40, plan
alina1380 [7]

Answer:

B) 1,160.

Explanation:

First we must calculate planned aggregate expenditures (PAE) and then determine where Y = PAE:

PAE = consumption + planned investment + government spending + net exports = 100  + 0.75(Y - 40) + 50 + 150 +20 = 100 + 0.75Y - 30 + 50 + 150 + 20 = 290 + 0.75Y

Now we must determine where Y and PAE intercept:

Y = 290 + 0.75Y

Y - 0.75Y = 290

0.25Y = 290

Y = 290 / 0.25 = 1,160

*Planned aggregate expenditure = total planned spending, it differs from GDP because GDP includes unplanned investment.

PAE = C + Ip + G + NX   while  GDP = C + I + G + NX

5 0
3 years ago
98 points! Please answer 1 sentence or more for each question
Bad White [126]

Answer:

1.) idk

2.) an island

3.) tell the m i can't but maybe some other time

4.) 17 maybe 18

5.) don't use social media

Hope This Helps!     Have A Nice Day!!

3 0
3 years ago
Read 2 more answers
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