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Nuetrik [128]
3 years ago
7

​Fulkron, Inc. provides the following data taken from its third quarter​ budget: Jul Aug Sep Cash collections 67,000 $33,000 $42

,000 Cash​ payments: Purchases of direct materials 33,000 34,000 30,000Operating expenses 12,000 20,000 24,000Capital expenditures 0 33,000 6,000The cash balance on June 30 is projected to be $12,000.Based on the above​ data, calculate the shortfall the company is projected to have at the end of August.
Business
1 answer:
fgiga [73]3 years ago
4 0

Answer:

-$20,000 short fall

Explanation:

July:

Total cash available:

= Cash balance + Cash collections

= $12,000 + $67,000

= $79,000

End cash:

= Total cash available - Cash payments

= $79,000 - (33,000 + 12,000)

= $79,000 - $45,000

= $34,000

August:

Total cash available:

= Cash balance + Cash collections

= $34,000 + $33,000

= $67,000

End cash:

= Total cash available - Cash payments

= $67,000 - (34,000 + 20,000 + 33,000)

= $67,000 - $87,000

= -$20,000 (Short fall)

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Answer:

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Explanation:

Solution:

Now,

There are similarities in the way businesses are run, but the management and influencing capacity on both are completely different.

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Where as Walmart still had a lot of key decisions directly made through the founders,

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Everything was micro managed from the HQ through Sam.

But after the few years of success, the model of IKEA remained same but they went to several countries and became more regional.

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