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iVinArrow [24]
3 years ago
14

Financial data for a company is provided below: Cash, end of year, $500,000 Estimation of yearly cash expenses from negative cas

h flows from operations on statement of cash flows, $(155,000) Cash, beginning of year, $400,000 Accounts receivable, $10,000 Inventory, $20,000 Net Income for the year How many months will the company be able to continue without positive cash flows or additional financing (round to nearest whole month)
Business
1 answer:
DanielleElmas [232]3 years ago
8 0

Answer:

The company be able to continue without positive cash flows or additional financing for 39 Months

Explanation:

in given information assessed negative income from activity is (155,000), this is expected that there won't be any income from contributing or financing exercises.  

information given for records of sales and stock is superfluous since both are a piece of working income which is as of now evaluated.  

there for shutting balance toward the finish of year is $500,000 separated by negative income of (150,000) equivalents to months organization will ready to proceed without positive income or extra financing

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The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead co
Sloan [31]

Answer:

See below

Explanation:

Given the above information, we can compute variable manufacturing overhead efficiency variance to be;

= (SA - AQ) × SR

Where

Standard quantity = SQ = 19,000

Actual Quantity = AQ = 7,600

Standard Rate = SR = $1.9

Variable manufacturing overhead efficiency variance

= [(19,000 × 0.3) - 7,600] × $1.9

= (5,700 - 7,600) × $1.9

= $3,610 U

3 0
2 years ago
A consultant predicts that there is a 25 percent chance of earning $500,000 and a 75 percent chance of earning $100,000. The exp
antiseptic1488 [7]

Answer:

$173,205

Explanation:

According to the scenario, computation of the given data are as follows:

Given data:

Earning (X1) = $500,000

Chances of X1 (Y1) = 25%

Earning (X2) = $100,000

Chances of X2 (Y2) = 75%

Expected Profit (Z) = $200,000

Formula for solving the problem are as follows:

Standard deviation = [ (X1 - Z)^2 × Y1 + (X2 - Z)^2 × Y2 ]^1/2

By putting the value in the formula, we get

Standard deviation = [ ($500,000 - $200000)^2 × 0.25 + ($100,000 - $200,000)^2 × 0.75 ]^1/2

= [ $22,500,000,000 + $7,500,000,000 ]^1/2

= ($30,000,000,000)^1/2

= $173,205.08 or $173,205

Hence, $173,205 is the correct answer.

6 0
3 years ago
Why does a small difference in economic growth result in a large difference in wealth over time?
larisa [96]

Answer:

The correct answer is the option C: Because the effect of compounding allows growth to build upon previous growth.

Explanation:

To begin with, the term of <em>"Compounding"</em> in economics refers to the situation in which an assets' earnings are reinvested to generate more additional earnings over the pass of time and therefore that in an economy when there is a small growth the investors take advantage of the effect that the compounding has over the situation and use it in order to generate more earning in the future and that is why that the the effect of compounding allows growth to build only upon previous growth.

7 0
3 years ago
Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior.
mario62 [17]

Answer: False

Explanation:

Ethics are the moral principles which govern the behavior of a person. Ethics help us to know what is right or what is wrong.

Ethics Training program are done in order to enable workers to be able to identify and also deal with the ethical problems that they may face.

Therefore, the statement that "Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior" is false.

6 0
3 years ago
Institutions specialize in raising money for governments and corporations by issuing securities.
DaniilM [7]

Investment institutions is a specialize in raising money (investment capital) for governments and corporations by issuing securities such as stocks or bonds. People buying a company's securities are buying into a portion of a company and its earnings or income. Investment institutions offers shares or units. 

6 0
3 years ago
Read 2 more answers
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