3 years ago

Retirement plan that has no limits on contributions

Business

1 answer:

lapo4ka [179]3 years ago

3 0

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Harrington makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60%

nikklg [1K]

Answer:

Cash Collection is $122,000

Receivable as on August 31, is $97,000

Explanation:

Total budgeted cash collection in the month of August is $122,000 and total receivables as on August 31 is $97,000.

A schedule for the cash collection is made in MS Excel file, which is attached with this answer, please find it.

Download xlsx

5 0

3 years ago

g The length of time a firm must wait to recoup, in present value terms, the money it has invested in a project is referred to a

Lorico [155]

payback period is the length of time a firm must wait so as to recover the money it has invested in a project.

Payback period is the length of time it takes a company to recover the money spent on a project.

The payback period can also defined as the period taken for an investor to reach break even. That is it is the period taken for the revenue to equal to the cost of executing a project.

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3 years ago

The semester project came back from the copy store and the project leader has just noticed that the left side y-axis of a key Pa

storchak [24]

Answer:

Yes it can be done from using cumulative percentage line on right y-axis

Explanation:

for smallest bar= lowest percentage on right y-axis × 200/100

for 2nd smallest bar= ( next consecutive percentage- smallest percentage) × 200/100

and so on

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3 years ago

Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $36,400. Cash receipts are expected to

Leya [2.2K]

Answer:

Amount to be borrowed = $21,600

Explanation:

Provided details,

Opening cash balance as on 31 March = $36,400

Add: Expected Receipts = $641,000

Less: Expected purchases = ($608,500)

Less: Cash Expenses = ($27,000)

Less: Selling and administration ($33,500)

Total balance = $8,400

Balance to be maintained = $30,000

Loan to be taken or amount to be borrowed = $30,000 - $8,400 = $21,600

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3 years ago

As the Chief Marketing Office (CMO) for a $100 million product company you need to lead the development of marketing plan for th

sveta [45]

Answer:

Explanation:

describe the elements of a strategic marketing plan

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3 years ago