Select the correct answer.

Sparks Corporation has a cash balance of $19,500 on April 1. The company must maintain a minimum cash balance of $16,000. During

Ganezh [65]

Answer:

Cash borrow = 10500

so correct option is a. $10,500

Explanation:

given data

Ending cash balance = $16,000

Beginning cash balance = $19,500

expected cash receipts = $68,000

Cash disbursements = $82,000

solution

we know that Ending cash balance is express as

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrow .............................1

we get here Cash borrow put here value

$16,000 = $19,500 + $68,000 - $82,000 + Cash borrow

solve it we get

Cash borrow = 10500

so correct option is a. $10,500

4 0

3 years ago

Beau Corporation sells a unit of its product for $250 per unit, while its variable costs per unit are $75. Fixed cost are bud

wolverine [178]

Answer:

Number of units that must be sold to earn the target profit is 3000 units.

The contribution margin ratio is 0.70

Explanation:

We will use the break even analysis modified for target profit to calculate the number of units needed to earn the desired

The break even point in units is calculated by dividing the fixed cost by the contribution margin per unit. To calculate the number of units required to earn the desired profit, we add the desired profit to fixed cost and divide it by the contribution margin per unit.

Contribution margin per unit = 250 - 75 = $175

Number of units required to earn target profit = (325000 + 200000) / 175

Number of units required to earn target profit = 3000 units

The contribution margin ratio is = 175 / 250 = 0.7 or 70%

Dollar Sales required to earn target profit = $4,812,500

8 0

3 years ago

During the initiation phase, what does project selection help to do

Strike441 [17]

Answer:

During the initiation phase, what does project selection help to do?

The initiation phase entails the starting point of the project, project selection comes in after the scope, objectives and how it would be delivered has been defined thoroughly. Project selection helps to make decision to know when the project would be ready for delivery, also the format of execution would be known, furthermore, any deviation from the initiation would be detected early and corrected if there is any

Explanation:

5 0

3 years ago

Which of these is NOT part of a consumer profile?

Vilka [71]

Answer

Polygraphics

Explanation

Consumer profile is a way in which consumer are categorized according to groups regarding the market and the advertising purposes. By this you create a good picture of your customers which helps you to make good decisions according to the services you are offering. Customer profiling normally includes:

Demographic profiling which is the data concerning the population, age gender and the income of people within a certain population.,

Psycho-graphics profiling this is where the behavior and beliefs of a certain population is captured.

Buying patterns this is normally the consumers behavior in the market its is about the quantity, duration e.t.c.

8 0

3 years ago

Read 2 more answers

9. The factor that has the greatest impact on your credit score is

ohaa [14]

The answer to your question is loans

8 0

3 years ago