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3 years ago

When preparing the cash budget, all the following should be considered except

Business

1 answer:

klasskru [66]3 years ago

7 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Accounts receivable= $296,000

Sales on January= $860,000

First, we need to determine the cash collection for January:

Sales on account from previous months= 296,000

Sales on account January= (860,000*0.8)*0.75= 516,000

Sales in cash January= 860,000*0.2= 172,000

Total cash collection= $984,000

Beginning inventory= $8,000

Ending inventory= $9,400

Cost of goods sold= $10,260

To calculate the budgeted production, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 10,260 + 9,400 - 8,000= $11,660

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Katrina receives an offer to buy a box of candy through the mail each month. The letter says that she will begin receiving candy

Katarina [22]

Answer:D. Does not constitute an acceptance of the offer.

Explanation:A Contract is a binding agreement between two persons with sound mind, contract agreements are contestable in the Courts,but for it to be acceptable as an evidence in the court of law certain prescribed conditions must be met.

Their was no agreement between Katrina and the company candy company, because her consent was not sort by the Company,the company should have sort her consent and if possible get her to sign certain agreement that will prevent Indiscriminate violation of the terms of agreement.

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3 years ago

A corporation has $7,000,000 in income after paying preferred dividends of $500,000. The company has 1,000,000 shares of common

Finger [1]

Answer:

Price earning ratio= 8 times

Explanation:

Price earning ratio = Price per share /Earnings per share

Price per share = 56, EPS =?

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7,000,000/1,000,000= $7 per share

Price earning ratio = 56/7= 8 times

Price earning ratio= 8 times

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3 years ago

Think about something very important to you that you would like to accomplish 10 years from now. Write a short-term, medium-term

ki77a [65]

Answer:

Well it is different for everyone... but i will give you mine...

In 10 years from now i want to be a pilot in the air force. My short term goal would be to take the azvab... you only take it once. My medium term goal would be to keep up with pt (physical training). My long term goal would be to keep up with the ever changing technology that i will need to use in order for my job to be succsessful.

Explanation:

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3 years ago

XYZ, Inc. just paid an annual per share dividend of $3.50. Dividends are expected to grow at a rate of 3% per year from here on

Agata [3.3K]

Answer:

P0 = $42.4117 rounded off to $41.41

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,

D0 is the dividend paid recentl

D0 * (1+g) is dividend expected for the next period /year

g is the growth rate

r is the required rate of return or cost of equity

First we need to calculate the required rate of return on this stock using CAPM.

Using the CAPM, we can calculate the required rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.

The formula for required rate of return under CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free rate

rpM is the market return

r = 0.025 + 2 * (0.07 - 0.025)

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P0 = $42.4117 rounded off to $41.41

3 0

3 years ago

An open economy interacts with the rest of the world through its involvement in world markets for goods and services and world f

abruzzese [7]

Answer:

a. The effect of the tea shipment from India:

Imports:

Direction of change? (increase, decrease, no change)

Magnitude of change = $1,500,000

b. Because of the identity equation that relates to net exports, the (increase/decrease?) in U.S. net exports is matched by (an increase/a decrease?) in U.S. net capital outflow.

c. Examples of how the United States might be affected in this scenario:

The Indian tea producer purchases $1,500,000 worth of stock spread out over a few U.S. companies.

The Indian tea producer hangs on to the $1,500,000 so that it can use the U.S. dollars to make investments.

Explanation:

The net exports identity equation "Net Capital Outflow = Net Exports" measures the imbalance between a country's exports and imports. It also measures the imbalance between the foreign assets bought by domestic residents and the domestic assets bought by non-resident foreigners.

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3 years ago