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4 years ago

A schedule of cash receipts is often prepared in conjunction with the sales budget.

Business

1 answer:

slega [8]4 years ago

5 0

The given statement is false

Explanation:

A scheduled cash budget is not often prepared in conjunction with the sales budget and this shows the pattern in which the cash must be collected from the sales budget and this is mainly based on the previous collection pattern

In the sales the amount is collected only after the sales period ends and the cash receipts is most often prepared in conjunction with the pattern in which the previous sales was collected

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At the beginning of the day, a company has a cash balance of $11,450 and no float. During the day, the company wrote three check

Naily [24]

Answer:

$2955

Explanation:

company's disbursement float is basically the money that the company has written check for but not yet paid from the bank account. In this case it is $640,$975,$1340 and their sum = $2955

8 0

3 years ago

g An investor wants to be able to buy 4% more goods and services in the future in order to induce her to invest today. During th

Hitman42 [59]

Answer: a. I, II and III are true

Explanation:

From the question, the statements that are true are:

I. 4% is the desired real rate of interest. II. 6% is the approximate nominal rate of interest required.

III. 2% is the expected inflation rate over the period.

4% is the desired real rate of interest because that's the rate at which the investor is willing to buy the goods in future.

2% is the expected inflation rate over the period because at that rate, there's expectation of future rise in price while 6% is the approximate nominal rate of interest required which is the addition of the 4% and the 2%.

7 0

3 years ago

Determine the amount of tax liability in the following situations. In all cases, the taxpayer is using the filing status of marr

sp2606 [1]

Answer:

1. Taxable income of $62,449 that includes a qualified dividend of $560.

tax liability = $1,975 + [12% x ($62,449 - $19,750)] = $7,098.88

2. Taxable income of $12,932 that includes a qualified dividend of $322.

tax liability = $12,932 x 10% = $1,293.20

3. Taxable income of $144,290 that includes a qualified dividend of $4,384.

tax liability = $9,235 + [22% x ($144,290 - $80,250)] + ($4,384 x 15%) = $23,981.40 ≈ $23,981

4. Taxable income of $43,297 that includes a qualified dividend of $971.

tax liability = $1,975 + [12% x ($43,297 - $19,750)] = $4,800.64 ≈ $4,801

5. Taxable income of $262,403 that includes a qualified dividend of $12,396.

tax liability = $29,211 + [24% x ($262,403 - $171,050)] + ($12,396 x 15%) = $52,995.12 ≈ $52,995

Explanation:

I used the 2020 tax bracket. Everyone earning over $78,750 but less than $488,850 must pay a 15% tax rate for their qualified dividends.

5 0

3 years ago

McLeod Inc. is considering an investment that has an expected return of 8% and a standard deviation of 10%. What is the investme

Rudik [331]

Answer:

the investment's coefficient of variation is 1.25.

Explanation:

The coefficient of variation relates the units of return to the units of risk. It expresses the unit of risk per 1% of return as follows :

<em>Coefficient of Variation = Standard Deviation ÷ Return</em>

Therefore,

Coefficient of Variation = 10 ÷ 8

= 1.25

7 0

3 years ago

Today's health conscious society has caused cereal manufacturers to rethink their products. Now many cereals such as Frosted Fla

strojnjashka [21]

Answer:

D) Repositioning.

Explanation:

This is an example of repositioning, where an organization re-position itself in the minds of the consumers again based on another mental map. For example, if a brand once was known as the low price brand, then after sometimes, when the company feels that now its the time to make quality products priced at higher rates, then they will be in need of re-positioning. They should place their product effectively at another frame of reference where consumer can think them as a quality product providers at the premium prices.

4 0

4 years ago

Read 2 more answers