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zalisa [80]
3 years ago
12

Foyert Corp. requires a minimum $6,900 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% inte

rest per month (paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on October 1 is $6,900 and the company has an outstanding loan of $2,900. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow.October November DecemberCash receipts $ 22,900 $ 16,900 $ 20,900 Cash disbursements 25,350 15,900 15,100 Required:1. Prepare a cash budget for October, November, and December.
Business
1 answer:
tekilochka [14]3 years ago
7 0

Answer:

answer is attached

Explanation:

     

Download xlsx
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Career selection should be based on salary alone. Please select the best answer from the choices provided T F
Ksivusya [100]

Answer: False, career selection should not be based on salary alone.

Explanation: When choosing a career it is important to consider several aspects such as your abilities to perform the task the job requires and how much you would enjoy the job.

7 0
3 years ago
Read 2 more answers
According to the Lewis two-sector model the creation of a Modern (urban) Sector will:
Soloha48 [4]

Answer:

The answer is option B)  According to the Lewis two-sector model the creation of a Modern (urban) Sector will:

Create a flow of labor from the traditional sector into the modern sector.

Explanation:

The two sector model propounded by W. Arthur Lewis is a theory of development that identifies two sectors: the traditional and modern sector.

According to this theory, the creation of a modern sector will generate a flow of excess labor from the traditional sector to the urban sector where there is more demand for labor.

Over time, this migration will create more jobs, stimulate industrialization and a framework for sustainable development.

3 0
2 years ago
.
vodka [1.7K]

Answer:

Stakeholder participation,

Explanation:

That help a lot in different things like it give support from different ways

Also about the money sharing well help more to get more money

so yah I think that so

4 0
2 years ago
The following is the only information pertaining to Kane Co.âs defined benefit pension plan:Pension asset, January 1, Year 1 $ 2
Mnenie [13.5K]

Answer:

option (a) is correct answer '$ 7,000 overfunded'

Explanation:

Data:

Pension asset, January 1, Year 1 = $ 2,000

Service cost = $ 19,000

Interest cost = $ 38,000

Actual and expected return on plan assets = $ 22,000

Amortization of prior service cost arising in a prior period = $ 52,000

Employer contributions = $ 40,000

Total expenses = Service cost + Interest cost = $ 19,000 + $ 38,000  

= $ 57000

Now,

projected benefit obligation (PBO) = (Pension asset + Actual and expected return ) - Total expenses

or

projected benefit obligation (PBO)

= $ 2,000 + $ 22,000 + $ 40,000 - $ 57000

or

overfunded projected benefit obligation (PBO) = $ 7,000

hence,

option (a) is correct answer '$ 7,000 overfunded'

6 0
3 years ago
Many companies are attracted to event sponsorships because Group of answer choices they help build equity and gain affinity with
sergey [27]

Answer: they help build equity and gain affinity with target audiences.

Explanation:

Many companies are attracted to event sponsorships because they help build equity and also gain affinity with target audiences.

An event sponsor is a firm that supports an event, by providing funds, as an exchange for something valuable. This "something valuable" can come in the form of increase in brand exposure, speaking opportunities at the event, access to attendee data,

or discounted event tickets

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