Answer:
$137,000
Explanation:
The computation of Budgeted cash collections in June is shown below:-
June sales collected in June = June Sales × Sale percentage
= $150,000 × 30%
= $45,000
May sales collected in June = May sales × Following month percentage
= $130,000 × 60%
= $78,000
April sales collected in June = June sales × Following second month percentage
= $140,000 × 10%
= $14,000
Total cash collections in June =June sales collected in June + May sales collected in June + April sales collected in June
= $45,000 + $78,000 + $14,000
= $137,000
Answer:
The amount credited to Kent's capital account is $111,000.
Explanation:
Mace Bowen Kent Total
Contribution $135,000 $120,000 $115,000 370,000
Kent share = 115,000
Total Capital = 370,000
Kent share in total capital = 30%
Amount credited tothe Kent's account = $370,000 x 30%
Amount credited tothe Kent's account = $111,000
Answer:
Employee involvement
Explanation:
Employee involvement can be defined as when the employees are given opportunity to be part of a decision-making process of an organization through their ideas suggestions and opinions with the goal of fulfilling the organization's mission
The market for money, the quantity of money demanded exceeds the money supply, the interest rate will It will rise, and households and businesses will have less money.
When demand exceeds supply, people sell assets such as bonds for money. This increases the supply of bonds, lowering bond prices and increasing market interest rates.
When money demand increases, the money demand curve shifts to the right and nominal interest rates rise. Conversely, when the demand for money decreases, the demand curve for money shifts to the left and interest rates fall.
To understand why interest rates are falling, remember that people who want to hold less money want to hold more bonds. Panel (b) therefore shows an increase in demand for bonds. High bond prices mean low interest rates. When interest rates fall, financial markets are rebalanced.
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