1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MAXImum [283]
3 years ago
13

During September, the capital expenditure budget indicates a $520000 purchase of equipment. The ending September cash balance fr

om operations is budgeted to be $67000. The company wants to maintain a minimum cash balance of $35000. What is the minimum cash loan that must be planned to be borrowed from the bank during September?
Business
2 answers:
wariber [46]3 years ago
7 0

Answer:

$488,000

Explanation:

He capital expenditure balance indicates a $520,000 purchase of equipment.

September ending cash balance is budgeted at $67,000

The company wants to maintain a minimum cash balance of $35,000

Therefore the minimum cash loan to be borrowed from the bank can be calculated as follows

= $520,000-$67,000+$35,000

= $488,000

Hence, the minimum cash loan that must be planned to be borrowed from the bank during September is $488,000

alexgriva [62]3 years ago
7 0

Answer:

the minimum cash loan that must be planned to be borrowed is $418,000.

Explanation:

The Cash Budget is prepared to highlight times for cash surpluses - allowing arrangements for investments of those surpluses to gain maximum return.

The Cash Budget also highlight times for Cash deficit - allowing for short term alternative sources of finance.

<u>September Cash Budget Reconciliation :</u>

Purchase of Equipment                 $520,000

<em>Less </em>Cash Balance                          ($67,000)

<em>Less</em> Minimum Cash Balance         ($35,000)

Budgeted Loan Balance                 $418,000

You might be interested in
Which symptom must you report to your manager?
Ksju [112]

Answer:

A, B, C, D

Explanation:

You can transmit a rash, if you feel fatigue you can't work, diarrhea can lead to you going to the bathroom very often, so, it can waist time, back pain can cause you to be unable to move.

Hope that this helps you and have a great day :)

3 0
3 years ago
Amco Airlines knows about UN Airlines' proposed pricing strategy. In game theory, this knowledge is: Please choose the correct a
DiKsa [7]
Oh lord I’m sorry for the confusion and I hope y’all are having church too much time too too late so I’ll be home around
5 0
2 years ago
Abc airlines hires flight attendants from diverse backgrounds and puts them through an extensive training and orientation progra
zysi [14]

Abc airlines is adopting an <u>"assimilate"</u> option for managing diversity.


The idea of diversity includes acknowledgment and regard. It implies understanding that every individual is one of a kind, furthermore, perceiving our individual contrasts. These can be along the measurements of race, ethnicity, sex, sexual introduction, financial status, age, physical capacities, religious convictions, political convictions, or different philosophies. It is the investigation of these distinctions in a sheltered, positive, and supporting condition. It is tied in with seeing each other and moving past straightforward resistance to grasping and praising the rich measurements of assorted variety contained inside every person.

6 0
3 years ago
What effect did the conquest of constantinople have in the ottoman empire and the spread of islam
Alexeev081 [22]

Answer:

The conquest of Constantinople by the Ottomans marked the end of the Byzantine Empire. It also significantly weakened the position of the Orthodox church compared to the Catholic church.

Islam was the official religion of the Ottoman Empire. The highest position in Islam, caliphate, was claimed by the sultan, after the defeat of the Mamluks which was established as Ottoman Caliphate. The Sultan was to be a devout Muslim and was given the literal authority of the Caliph.

The fall of the city removed what was once a powerful defense for Christian Europe against Muslim invasion, allowing for uninterrupted Ottoman expansion into eastern Europe.

Hope this helps!

(btw im muslim:)

7 0
3 years ago
Read 2 more answers
What is an example of a withholding you might see on your pay stubs
horrorfan [7]
It is that your pay stubs might b wrong
7 0
3 years ago
Other questions:
  • During June, Buttrey Corporation incurred $85,000 of direct labor costs and $25,000 of indirect labor costs.
    15·1 answer
  • Identify each person below as structurally, frictionally, or cyclically unemployed.
    13·1 answer
  • A profit-and-loss statement is a financial document that shows a company's income and expenses. T/F
    5·2 answers
  • onghorn Fabricators Inc. plans to expand its metals-forming facility over the next 5 years. The company will add 20,000 square f
    12·1 answer
  • Last month your average daily rate was $76.99, and you had 2,932 rooms occupied. You want to know how this compares to the same
    6·1 answer
  • What rights are used to obtain credit?
    14·1 answer
  • What are the three components of the BI Ecosystem?
    11·1 answer
  • Suppose you have the following values for a short-run production process: Q = 20, VC = 100, FC = 600 and MC = 40. Given this, we
    8·1 answer
  • Lisa and her friends volunteer and run an initiative called FeedtheLocal. They collect foods that are donated by the community a
    6·1 answer
  • Sally has invested $10,000 now and wants to earn a real interest rate of 10% per year. Assume that the inflation rate is 7% per
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!