_________ is a condition in which inflation is increasing, at a decreasing rate.

Western Company is preparing a cash budget for June. The company has $12,000 in cash at the beginning of June and anticipates $3

sveta [45]

Answer:

Borrowing require = $2,500

so correct option is d.Borrow $2,500

Explanation:

given data

cash at beginning = $12,000

cash receipts anticipates = $30,000

cash payments = $34,500

minimum cash balance = $10,000

required balance = $10,000

to find out

To maintain the $10,000 required balance

solution

we get here cash at the end of the year that is

cash at the end of the year = Beginning cash balance + Cash Receipts - cash payments .................1

cash at the end of the year = $12000 + $30000 - $34500

cash at the end of the year = $7500

and

we know minimum cash balance maintained is $10,000

so Borrowing require is here as

Borrowing require = $10000 - $7500

Borrowing require = $2,500

so correct option is d.Borrow $2,500

7 0

3 years ago

Summarize your understanding of how management and leadership can utilize paradoxical thinking to improve the organization

snow_tiger [21]

Answer:

Management and leadership realize how paradoxical thought can be used to enhance organization.

Explanation:

Paradoxical thinking a current method to understand fully and externalize the measures to improve our conflicting qualities can lead to actual leadership and achievement.

Successful executives and administrators will realize that, in their job, members need the skills to deal with inconsistencies and accept opposing powers to maximize efficiency and meet the corporate objectives.

3 0

4 years ago

A company pays $70 million in cash to acquire 70% of the voting stock of another company. The fair value of the non controlling

Makovka662 [10]

Complete question:

A company pays $70 million in cash to acquire 70% of the voting stock of another company. The fair value of the non controlling interest at the date of acquisition is $25 million, and the book value of the acquired company is $20 million. There are no revaluations of the acquired company’s identifiable net assets. Goodwill allocated to the non-controlling interest is:

REQUIRED: Assuming U.S. GAAP is used.

a. Calculate the total goodwill

b. How much goodwill is allocated to the controlling interest? What percent of goodwill is allocated to the controlling interest?

c. How much goodwill is allocated to the non-controlling interest? What percent of goodwill is allocated to the non-controlling interest?

Solution:

a. Total goodwill = $70 million + $25 million - $20 million = $75 million

b. Goodwill to the controlling interest = $70 million - (70% x $20 million)

= $56 million Goodwill percent to the controlling interest = 75%

c. Goodwill to the non-controlling interest = $75 million - $56 million

= $19 million Goodwill percent to the non-controlling interest = 25%

8 0

3 years ago

Southland Company is preparing a cash budget for August. The company has $17,500 cash at the beginning of August and anticipates

algol13

Answer:

The company must borrow $6200

Explanation:

To calculate the borrowing required, we need to determine the ending cash that will be available at the end of the August.

The ending cash balance will be,

Ending balance = Opening balance + Receipts - Payments/disbursements

Ending balane = 17500 + 121800 - 135500 = $3800

As the company requires to maintain $10000 minimum cash.

The company will need to borrow 10000 - 3800 = $6200

8 0

3 years ago

Andrews Corp. ended the year carrying $33,836,000 worth of inventory. Had they sold their entire inventory at their current pric

mamaluj [8]

Answer:

Revenue could be of amount $33,836,000

Explanation:

As the selling price is not given in the question, only the cost of the inventory is given, So,

We assume that the Sales quantity is X and the Selling Price per unit be Y

Then,

Sales = X × Y ............... Equation (1)

Less : COSG = $33,836,000 ................ Equation (2)

Net Income = 1 - 2

If the selling price is equal to the cost of the inventory which is $33,836,000. So, the only revenue which is to be added is the amount of $33,836,000.

Note: It totally depend or grounded on the Sales value.

6 0

3 years ago