May I have help with question 3 pleasem

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

wariber [46]

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

7 0

2 years ago

Read 2 more answers

A team's attempt to list, on individual sticky notes, all of the possible threats and opportunities that could occur to an upcom

lukranit [14]

Answer:

The correct answer is letter "A": plan risk responses.

Explanation:

Plan risk responses refer to the process in which a team is facing a problematic situation and to reduce threats reacts immediately identifying the opportunities available they have that could lead to a solution. To achieve that, risk management and register will be necessary.

6 0

3 years ago

Walter is the manager of sales operations at Woode Industries. He has to define the sales goals for the forthcoming financial ye

Sloan [31]

Answer:

goals must be challenging, requiring hard work

Explanation:

Based on the information provided within the question it can be said that in this scenario the best guideline would be that the goals must be challenging, requiring hard work. Making the goals challenging would ensure that no one individual can do it by themselves, thus encouraging teamwork among the group, thus framing effective team goals.

6 0

2 years ago

4. Describe a nonprice competition strategy that you have seen a company use. Do you think this strategy was effective? Why or w

fomenos

One nonprice competition technique is Better Quality. Another nonprice rivalry technique is Better Customer Service. In conclusion, a nonprice rivalry methodology is having a superior site. These procedures matter to clients because of the way that they need to show signs of improvement of a similar item, for example, the better shirt, the better pants, the better administration and so forth.

3 0

2 years ago

You are considering two mutually exclusive projects. Both projects have an initial cost of $52,000. Project A produces cash infl

ivolga24 [154]

Answer:

b) Project A because it has the larger NPV

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Project A

Cash flow in year 0 = $-52,000

Cash flow in year 1= $25,300,

Cash flow in year 2 = $37100

Cash flow in year 3= $22,000

I = 14.2

NPV = $13,372.95

Project B

Cash flow in year 0 = $-52,000

Cash flow in year 1= $43,600

Cash flow in year 2 =, $19,800

Cash flow in year 3= $10,400

I = 13.9

NPV = $8,579.62

The NPV of project A is larger than that of project B, so, project A is more suitable

3 0

3 years ago