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Dahasolnce [82]
3 years ago
8

Southland Company is preparing... Southland Company is preparing a cash budget for August. The company has $18,300 cash at the b

eginning of August and anticipates $123,400 in cash receipts and $137,100 in cash disbursements during August. Southland Company wants to maintain a minimum cash balance of $10,000. To maintain the minimum cash balance of $10,000, the company must borrow:
Business
1 answer:
Alekssandra [29.7K]3 years ago
7 0

Answer:

The Company must borrow $5400

Explanation:

To calcualte the amount rewquired to be borrowed, we first need to calculate the cash shortage from the minimum cash requirement.

The cash at the end of the August will be,

Cash at the end = 18300 + 123400 - 137100 = $4600

The minimum requirement is $10000.

The shortage of cash is = 10000 - 4600 = $5400

Thus, the Company must borrow $5400

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Answer each of the following questions from the standpoint of each of the three theories of justice. Each question should have t
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Answer:

O WHAT IS THAT WOW WOW WOW PO

5 0
3 years ago
Gavin invested $40,000 in the Jason and Kelly Partnership for ownership equity of $40,000. Prior to the investment, land was rev
stich3 [128]

Answer:

A.

Dr Land $189,000

Cr Jason, Capital $63,000

Cr Kelly, Capital $126,000

B.

Dr Cash $40,000

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Explanation:

A.

Dr Land ($363,000-$174,000) $189,000

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Kelly, Capital(1/2×189,000) $126,000

B.

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6 0
3 years ago
Measuring and reporting quality costs does not solve quality problems. Decreases in quality costs generally occur as soon as imp
Dahasolnce [82]

Answer:

True statements:

Measuring and reporting quality costs does not solve quality problems.

Quality cost information helps managers identify the relative importance of quality problems.

The impact of customer ill will is generally not found on quality control reports.

Explanation:

When the quality cost is determined and reported so the same should not solve the problem of the quality also the information related to the quality cost helps the managers to identify the significance of the quality issue

The effect of the customer could not found on the reports made for quality control

But if there is a decrease in the quality cost so the improvement programs could not be implemented soon

8 0
3 years ago
Consider a firm making production decisions in the long run. Select the statement(s) that must be correct. Choose one or more: A
Nastasia [14]

Answer:

Option C is correct one.

Average total cost is flatter than the short-run average total cost.

Explanation:

In a long run there is no distinction between normal absolute expense and normal variable expense. The distinction between the normal expense and normal variable expense is the normal fix cost which diminishes as amount increments. Since quite a while ago run ATC can be biggest equivalent to short run normal cost bend. Therefore ATC is compliment than the short run normal all out expense.

6 0
3 years ago
All companies try to have happy workers as they know the relationship between satisfaction and performance. This is why they are
NeTakaya

Answer:

1. Reward and incentivize workers

2. Set smaller weekly or biweekly goals for them.

3. Foster trust between the managers and workers.

Explanation:

In order to have workers who are motivated to put in their best in the company, employers should take certain positive actions. These actions include;

1. Reward and incentivize workers: Rewards which could be monetary, as word of praise, or formal recognition can move workers to give their best. Humans are motivated when their efforts are recognized and praised. Therefore, incentivizing workers is a good way to get them motivated.

2. Set smaller weekly or biweekly goals for them: Setting humongous goals and targets can scare off and pressurize the workers. But when these large goals are broken into smaller goals, they can then be motivated to reach those goals.

3. Foster trust between the managers and workers: When workers have a sense of belonging and know that they are trusted, they will be in a more relaxed frame to achieve their goals. Unwarranted allegations and suspicions can put the workers on edge.

3 0
3 years ago
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