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.
Answer: Frequencies .
Step-by-step explanation:
In statistics theory the chi-square test statistic is calculated by considering each cell and the expected frequency is subtracted from the observed frequency after that the difference is squared, and the total is divided by the expected frequency. This is highlight that the key focus of the chi-square test is the frequencies .
Answer:
y=55 degrees x=125 degrees
Step-by-step explanation:
Answer:
$936
Step-by-step explanation:
Simple interest is money you can earn by initially investing some money (a.k.a the principal). In return, a percentage (a.k.a the interest) of the initial money invested is added to the principal, this is what makes your initial investment grow.
The equation for simple interest is:
I = P x r x t
P = Principal, $2600
r = interest rate, 12%
t = time involved, 3 years
Fill in the values:
2600 × 0.12 × 3 = $936.00
