Answer:
$5,100
Explanation:
Initial cash balance (IB) = $32,500
Expected cash receipts (EC) = $48,500.
Cash disbursements (CD) = $56,100
Amount borrowed (B) = ?
Assuming that the final balance must equal at least $30,000, the cash flow for april is given by:
Sit Down Corporation will need to borrow $5,100 during April to maintain a minimum cash balance of $30,000.
I would ask what is wrong with our current packaging? Why are we making revisions?
Also, what gain would be brought to the table with this new packaging?
Answer:
risks liability under the doctrine of respondeat superior.
Explanation:
A franchise is a seperate business that uses the parent business brand.
The parent company can give in addition to the brand support in training, provision of some inventory, hiring, and so on.
According to the contract signed between them Krusty burger controls all aspects of the Milhouse operations, so they are a respondeat superior.
This means they are responsible for the actions of Milhouse because of their level of involvement in the franchise operations.
In the given scenario Nelson commits a tort against Ralph, one of Milhouse’s customers. Ralph files a suit against Krusty Burger.
Krusty burger will be liable because they are a respondeat superior
Answer:
40 days in the Inventory Balance
Explanation:
In this question, we need to apply the cash conversion cycle equation to find out the inventory days
We know that,
Cash conversion cycle = Days inventory outstanding + days sale outstanding - days payable outstanding
27 days = Days inventory outstanding + 31 days - 44 days
27 days = Days inventory outstanding - 13 days
So, the Days inventory outstanding = 27 days + 13 days = 40 days
Never heard of that before