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3 years ago

A company has the following loan activity—Additional loan from bank: $19,000; Ending cash

Business

1 answer:

Bingel [31]3 years ago

3 0

Answer:

Preliminary cash balance = - $13,400.

Explanation:

We know,

Cash at hand = Preliminary cash balance + Additional borrowings from bank.

Given,

Cash at hand = $5,600

Additional borrowings from bank = $19,000

Putting the values into the formula, we can get

Cash at hand = Preliminary cash balance + Additional borrowings from bank

Or, $5,600 = Preliminary cash balance + $19,000

Or, $5,600 - $19,000 = Preliminary cash balance

Or, Preliminary cash balance = - $13,400.

Therefore, the company had no cash at the beginning; rather, they had to use other people's money.

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Why is it necessary to keep account or financial records while doing vegetable farming

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Answer:

Farming is a business and good farm record-keeping helps the farmer plan and do realistic forecasting. Record-keeping provides valuable information on which methods work.

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3 years ago

Read 2 more answers

The study of how changes in the input parameters of a linear programming problem affect the optimal solution is known as

valentina_108 [34]

Answer:

The study of how changes in the input parameters of a linear programming problem affect the optimal solution is known as D. sensitivity analysis

Explanation:

Sensitivity analysis is the investigation of how the vulnerability in the acquisition of a scientific model or framework (numerical or something else) can be partitioned and apportioned to various wellsprings of weakness in its sources of info.

In a Sensitivity analysis, just the ominous changes are represented to think about the effect of these progressions on the gainfulness of the task. The affectability examination fills the accompanying needs: It helps in distinguishing the key factors that are significant impacts on the expense and advantages of the job.

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4 years ago

Assume a sales price per unit of $10, variable cost per unit $6, and total fixed costs of $184800. What is the breakeven point i

Degger [83]

Answer:

The correct solution is "$462000".

Explanation:

The given values are:

Selling price per unit,

= $10

Variable cost per unit,

= $6

Now,

The contribution margin ratio will be:

= $\frac{Selling \ price \ per \ unit-Variable \ cost \ oer \ unit}{Selling \ price \ per \ unit}$

By putting the values, we get

= $\frac{10-6}{10}$

= $\frac{4}{10}$

= $0.4$

hence,

The break-even point will be:

= $\frac{Fixed \ costs}{Contribution \ mar gin \ ratio}$

= $\frac{184800}{0.4}$

= $462000$ ($)

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3 years ago

A manufacturing plant has found that purchasing a computerized electronic machine system decreased the need for additional worke

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Answer:

C. Automation

Explanation:

The situation explained in the question perfectly explains Automation. New technologies and advancements lead to more efficient and advanced procedures and processes, particularly when such procedures and processes require very little human interaction or assistance. Now if we talk about the manufacturing industry, procedures like CAD (computerized aided design), CAM (computer aided manufacturing) and EDI (electronic data interchange) have pretty much eased and transformed the manufacturing procedures and environments.

Job exportation mostly relates to employment in international corporations usually located in growing and developed countries.

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Offshoring is the transfer and reallocation of SBU (strategic business units) from one country to another.

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3 years ago

Susie is thinking about changing her auto insurance policy at Fret-No-More Auto Insurance. Her current policy includes the follo

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Answer:

Changes that would increase Susie’s limits the most without increasing her monthly premium by more than $5.00 is Option C: Increase coverage on bodily injury to $100/300,000 and on property damage to $50,000.

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4 years ago