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s2008m [1.1K]
3 years ago
10

Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. Sales on

account are budgeted to be $16,300 for March and $32,600 for April. What are the budgeted cash receipts from sales on account for April
Business
1 answer:
Kitty [74]3 years ago
6 0

Answer:

Total cash collection= $20,375

Explanation:

Giving the following information:

Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale.

<u>Sales:</u>

March= $16,300

April= $32,600

<u>Cash collection April:</u>

Sales on account from April= 32,600*0.25= 8,150

Sales on account from March= 16,300*0.75= 12,225

Total cash collection= $20,375

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Determinants of market interest rates
ollegr [7]

Answer:

1. Real risk-free rate.

2. Nominal risk free-rate.

3. Inflation premium.

4. Liquidity risk premium.

5. Liquidity risk premium.

6. Maturity risk premium.

Explanation:

Market interest rates can be defined as the amount of interests (money) paid by an individual on deposits and other financial securities or investments. The factors that typically affect the market interest rate known as the determinant of market interest rates are;

1. This is the rate on short-term U.S. Treasury securities, assuming there is no inflation: Real risk-free rate r*

2. It is calculated by adding the inflation premium to r*: Nominal risk free rate.

3. This is the premium added to the real risk-free rate to compensate for a decrease in purchasing power over time: Inflation premium.

4. This is the premium added as a compensation for the risk that an investor will not get paid in full: Liquidity risk premium.

5. This premium is added when a security lacks marketability, because it cannot be bought and sold quickly without losing value: Liquidity risk premium.

6. This is the premium that reflects the risk associated with changes in interest rates for a long-term security: Maturity risk premium.

7 0
3 years ago
Which of the following is the Federal Reserve unable to directly do
Alja [10]

Answer:

Increase and decrease the interest rate in the economy by a certain percentage

Explanation:

The Federal Reserve can influence the prevailing interest rates. However, it cannot increase or decrease the interest rate in the economy by a certain percentage. The Federal Reserve influences interests rate by adjusting the fed funds rate.  The feds fund rate is the interest rate that banks charge each other when they borrow from each other.

The Federal Reserve can lend to commercial banks, Adjust reserve requirements, and buy and sell U.S. securities.

3 0
3 years ago
Keith and Dena Diem have personal property coverage with a​ $250 limit on​ currency, a​ $1,000 limit on​ jewelry, and a​ $2,500
netineya [11]

Answer:

Total Claim = $2416

Explanation:

The coverage on the currency = $250

The coverage on the jewelry = $1000

The limit on the gold, pewter, and silver = $2500

The amount that is stolen:

The amount of cash = $270

The worth of jewelry = $1734

Pewterware = $1666

The miximum coverage = 250 + 1000 + 2500 = $3750

Actual loss = 270 + 1734 + 1666 = $3670

Reimbursement amount = 250 + 1000 + 1666 = $2916

Total Claim = Total Amount Covered – Deductible  

Total Claim = $2916 - $500 = $2416

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3 years ago
Imagine you are presenting a recycling lesson to 3rd graders today and to senior adults at a community center tomorrow. How woul
Artist 52 [7]

Answer:

follow my insta ricardo.viteri_

Explanation:

7 0
3 years ago
If+the+offering+price+of+an+open-end+fund+is+$12.30+per+share+and+the+fund+is+sold+with+a+front-end+load+of+5%,+what+is+its+net+
Leni [432]

What is Net Asset Value?

Net asset value is the value of an entity's assets less the value of its liabilities, which is frequently used in relation to open-end or mutual funds because shares of such funds registered with the Securities and Exchange Commission are redeemed at net asset value.

Main Content

$11.69

offering price= NAV / (1-load)

12.30=NAV / (1-0.05)

12.30=NAV / (0.95)

12.30 x 0.95 = NAV

NAV= 11.69

To learn more about Net Asset Value

brainly.com/question/28075110

#SPJ4

3 0
2 years ago
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