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
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
You might be interested in
Which of the following is NOT one of the three factors of production?
miv72 [106K]
The answer is C) communist ideology because all other are the factors of production except this one.
5 0
3 years ago
Read 2 more answers
Landscapers must be
svetoff [14.1K]

Answer:

B

Explanation:

because they need to deal with all practices that are done by people on environment

8 0
2 years ago
Read 2 more answers
Name at least two primary forms of identification needed to obtain a learners license
Elza [17]
Two primary forms you could use would be 1. Birth certificate and 2. Social security card.
4 0
3 years ago
Shawn exchanges a factory building for an apartment building in a qualifying like-kind exchange. The factory has a basis of $350
Setler [38]

Answer:

a.$30,000

b.The alternative i could suggest to Shawn is that he may sell the factory building instead of him to purchase the apartment building in order for him to recognize the loss which will inturn lower his taxes.

Explanation:

a. Calculation of what is Shawn’s realized gain or loss and the basis of the apartment building

Since Shawn tend to received the apartment building which has a Fair Market Value of $320,000 in exchange of his $350,000 worth of factory , this means he had a lost of $30,000 which is calculated as ($320,000-$350,000) which can therefore be deferred

b. The alternative i could suggest to Shawn is that he may sell the factory building instead of him to purchase the apartment building in order for him to recognize the loss which will inturn lower his taxes.

6 0
3 years ago
Which Of The Following Page Titles Would Be Most Suitable For A Website Page Describing A Store’s Return Policy?
Stolb23 [73]

Answer:

b. Company Name's Return Policy

Explanation:

In E commerce, A good refund or return policy can help protect your company and win your customers’ trust, but making sure your language is clear and concise is extremely important.

According to study, over 60% of customers review a Return/Refund Policy before they make a purchasing decision. It is the single most important agreement that e-commerce store needs to have as it can affect its customer retention rate.

8 0
3 years ago
Other questions:
  • Fox Co. was organized January 2, with 30,000 authorized shares of $10 par common stock. During the year the corporation had the
    7·1 answer
  • As a financial planner, you offer unbiased advice to your clients. Which principle of ethics are you complying with?
    13·2 answers
  • Suppose an avocado farm has​ cost: C​ = 0.002q cubed ​+ 22q​ + 750, ​(where q is measured in​ bushels) and the rental cost of la
    15·1 answer
  • When one party breaches a contract, the other party can choose from one or more of several_____________ . Generally, a court wil
    6·1 answer
  • Yummy Foods purchased a two-year fire and extended coverage insurance policy on August 1, 2021, and charged the $4,200 premium t
    15·1 answer
  • Prime Inc. has come up with a new product development project for which the project manager forms a team. The team includes Cam,
    9·1 answer
  • Beverage International reports net credit sales for the year of $252,000. The company's accounts receivable balance at the begin
    5·1 answer
  • A career will be most productive, comfortable, and enjoyable when it fits well into one’s lifestyle. Which is the best definitio
    7·2 answers
  • If a company exchanges an asset with a book value of $260,000, an original cost of $500,000, and a fair value of $300,000 plus c
    12·1 answer
  • On January 1, 2021, Morris Enterprises issued 9%, 5-year bonds with a face amount of $900,000 at par. Interest is payable annual
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!