What is the purpose of a cash budget?

1 answer:

5 0

The purpose of a cash budget is to help financial managers to get a better understanding of the timing of cash flows.
The cash budget will make it easier for the managers to monitor whether the current cash flow is enough to fund all companies' operation and to determine whether they need to make any changes in their departments.

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The cost to rent a raft is $7 per person. A raft can hold up to 6 people. There is a $3 launch fee per raft. What is the total c

Eddi Din [679]

So 3 is where the charging starts and $7 per 6 people-
$3+$7(6)=
$3+$42=
$45 is the cost for a group of 6.

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Question 2 (4 points)

Nady [450]

Answer:

Step-by-step explanation:

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The original cost of an item is $68, but you have to pay $76.16.

Sonja [21]

Answer:

12%

Step-by-step explanation:

calculator

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Find the distance, c, between (–3, –4) and (1, 2) on the coordinate plane. Round to the nearest tenth.

Anon25 [30]

Answer
7.21
Step-by-step explanation:
Data :
(-3,-4) , (1,2)
Where
x₁ = -3 , x₂ = 1
y₁ = -4 , y₂ = 2
Formula for distance
D = √{(x₂-x₁)² + (y₂-y₁)²}
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2 years ago

Question 5 Unsaved

Otrada [13]

We can use the compound interest formula

F=P(1+i)^n

where

F=Future value of investment to be found

P=present value of investment ($1000)

i=interest per period (1/4 year)=0.04/4=0.01

n=number of periods (3 years * 4 quarters = 12)

Substitute or "Plug in" values, so to speak,

F=1000*(1+0.01)^12

use a calculator to do the sum

=1126.83 (to the nearest cent, and use the proper rounding rules)

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3 years ago