1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aneli [31]
3 years ago
15

The following information is drawn from Royal Industries' cash budget: Cash Receipts $ 40,000 Beginning Cash Balance $ 10,000 Ca

sh Payments $ 48,000 Desired Ending Cash Cushion $ 5,000 If there is a cash shortage, the company borrows money. If a surplus occurs funds are used to repay loans or to invest in short-term assets. The company had no debt before January 1st. The amounted "needed" to borrow or the amount "available" for repayment of debt in January would be Multiple Choice $2,000 available. $3,000 needed. $7,000 available. $13,000 needed.

Business
1 answer:
Andreyy893 years ago
8 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
Complete the sentence.<br> Citations may cause your __________________ to increase.
jeka94
Citations may cause your TAXES to increase. Taxes is your answer. Hope it helps and mark as brainliest. BTW i LOVE the profile pic! Its pikachu!!!
6 0
3 years ago
Read 2 more answers
Hughes Co. is growing quickly. Dividends are expected to grow at a rate of 22 percent for the next three years, with the growth
Oksana_A [137]

Answer: $53.94

Explanation:

Current share price is the present value of the dividends for the next 3 years and the terminal value in year 3.

Terminal value = D₄ / ( required return - growth rate)

= (2.35 * 1.22³ * 1.05) / (12 % - 5%)

= $64

D₁ = 2.35 * 1.22 = $2.867

D₂ = 2.867 * 1.22 = $‭3.49774‬

D₃ = ‭3.49774‬ * 1.22 = $‭4.2672428‬

Share price = (2.867 / (1 + 12%)) + (‭3.49774‬ / 1.12²) + (‭4.2672428‬ / 1.12³) + (64/1.12³)

= $53.94

7 0
3 years ago
Simkin Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:
Anettt [7]

Answer:

0.34

Explanation:

Calculation to determine what The manufacturing cycle efficiency (MCE) was closest to:

First step is to calculate the Throughput time using this formula

Throughput time = Process time + inspection time + move time + queue time

Let plug in the formula

Throughput time=6.1+1.5+4.1+6.2

Throughput time=17.9

Now let calculate the MEC using this formula

MEC = process time / throughput time

Let plug in the formula

MEC=6.1/17.9

MEC =0.34

Therefore The manufacturing cycle efficiency (MCE) was closest to:0.34

8 0
3 years ago
Which of the following is NOT a benefit of safety and health programs?
vladimir1956 [14]
<span>"A. Improved morale and productivity." is not a benefit of safety and health programs. The morale levels have absolutely nothing to do with whether or not someone cuts their arm off because they didn't follow safety procedures. </span><span /><span>
</span>
7 0
4 years ago
Read 2 more answers
Net operating income equals: Multiple choice question. dollar sales – dollar sales to break even. unit sales × unit contribution
GalinKa [24]

Net operating income equals (unit sales - unit sales to break even) × unit contribution margin.

What is net operating income?

Real estate professionals utilize the metric known as Net Operating Income, or NOI, to swiftly determine the profitability of a certain venture. After deducting required operational costs, NOI calculates the revenue and profitability of investment real estate property.

Is net operating income the same as profit?

After all, costs have been deducted, operating profit displays a company's earnings, excluding the cost of debt, taxes, and some one-time expenses. Contrarily, net income is the profit that is still left over after all expenses made during the time have been deducted from sales revenue.

Learn more about net operating income: brainly.com/question/14103167

#SPJ4

6 0
2 years ago
Other questions:
  • If your currently scanning speed is 947 items a hour and your target is 1,000 how many items do you need to scan a hour
    12·1 answer
  • A neurobiologist explains to his students that the human nervous system is analogous to electrical circuits in homes. if the cir
    6·1 answer
  • Sandra has good credit and qualifies for a home loan. Sandra's loan could negatively affect her credit score if she _____.
    10·1 answer
  • Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, an auction
    7·1 answer
  • On February 3, Snap Repair Service extended an offer of $83,000 for land that had been priced for sale at $95,000. On February 2
    14·1 answer
  • How to create a social media platform
    5·2 answers
  • Pout Company reports assets with a carrying value of $420,000 (including goodwill with a carrying value of $35,000) assigned to
    5·1 answer
  • The owner of a large manufacturing plant pays the base rate of $11.24 per $100 in wages paid for workers’ compensation insurance
    9·2 answers
  • Melissa recently paid $640 for round-trip airfare to San Francisco to attend a business conference for three days. Melissa also
    12·1 answer
  • Using his skateboard, Edgar can travel 8 miles in 2 hours while his brother, Johnathon, can
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!