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
GuDViN [60]
3 years ago
10

A company is preparing its cash budget for the coming month. All sales are on account. Given the following: Beginning Balances B

udget Amounts Cash$146,000 Accounts Receivable 196,000 Sales $880,000 Cash disbursements 940,000 Depreciation 33,000 Ending accounts receivable balance 226,000 What is the expected cash balance of the company at the end of the coming month
Business
1 answer:
iVinArrow [24]3 years ago
6 0

Answer:

$56,000

Explanation:

Given the above information, we will calculate first the total cash flow.

Total cash flow = Opening cash receivable + Sales - Ending cash receivables

= $196,000 + $880,000 - $226,000

= $850,000

Ending cash balance = Opening cash balance + Total cash flow - Cash disbursement

= $146,000 + $850,000 - $940,000

= $56,000

You might be interested in
Paul Hyatt owns and operates DeepClean, a Florida-based company that cleans up mold and mildew in homes and businesses. As the s
aivan3 [116]

Answer:

Paul Hyatt is fully liable for all business debts

Explanation:

Unlimited liability in this scenario, means that Paul Hyatt is fully liable for all business debts. That is because unlimited liability is defined as the full legal responsibility that business owners and partners assume for all business debts, and since Paul Hyatt is a sole proprietor which means that he both owns and runs DeepCleans and there is no legal distinction between him and the business entity, then he is fully liable for debts and profits of DeepClean.

6 0
4 years ago
When the Federal Reserve decreases bank's reserves through an open-market operation: ____________
Sedbober [7]

Answer:

d. the monetary base decreases, loans decrease, and the money supply decreases.

Explanation:

In the case when the federal reserve reduce the reserve of the bank via open market operation so it would be resulted in decrease in the monetary base, reduction in the loan and the reduction in the money supply. Overall, all three things would be decrease

Therefore as per the given situation, the option d is correct

And the same would be  relevant

8 0
3 years ago
The internal rate of return method is not subject to the limitations of the net present value method when comparing projects wit
zalisa [80]

Answer: A. The internal rate of return is expressed as a percent rather than the absolute dollar value of present value.

Explanation:

The internal rate of return is used in calculating the rate of return for the investment of a company. During the calculation, external factors like cost of capital, inflation, risk free rate are all excluded.

The internal rate of return method is not subject to the limitations of the net present value method when comparing projects with different amounts invested because it's expressed as a percent rather than the absolute dollar value of present value..

3 0
3 years ago
Baldwin's EBIT (Earnings Before Interest and Taxes) last year was $21,771,033. What was Baldwin's net profit
tensa zangetsu [6.8K]

The net profit is the money that a business earns after the deduction of the expenses for a period of time.

<h3>How to calculate the net profit?</h3>

Your information is incomplete as the data is missing. Therefore, an overview will be given. In order to calculate the net profit, it's important to know the gross profit.

The formula to calculate the net profit will be:

= Total revenue - Total expenses

Learn more about profit on:

brainly.com/question/19104371

5 0
2 years ago
Read 2 more answers
Explain the importance of assessing one's Pecs before engaging in any particular entrepreunrial activity
natulia [17]
Assessing one's personal entrepreneurial competencies also known as PECs is very important to evaluate your weakness and strengths when it comes to entrepreneurship. By doing this, you will be able to fix your weaknesses and strengthen your strengths for the advantage of the activity.
5 0
4 years ago
Other questions:
  • Early in its fiscal year ending December 31.2016. San Antonio Outfitters finalized plans to expand operations. The first stage w
    13·1 answer
  • Wims, Inc., has current assets of $3,900, net fixed assets of $26,500, current liabilities of $3,400, and long-term debt of $7,5
    8·1 answer
  • As randomly selected securities are combined to create a portfolio, the _________ risk of the portfolio decreases until 20 to 40
    15·1 answer
  • An important part of employee compensation is a benefits package, which might include health insurance, life insurance, child ca
    8·1 answer
  • Suppose the fixed interest rate on a loan is​ 5.75% and the rate of inflation is expected to be​ 4.25%. The real interest rate i
    10·1 answer
  • Look at the picture, which one is the correct answer?
    15·1 answer
  • In a weak economy, the sale of lands for development may experience a slowdown. What is the MOST LIKELY reason this
    11·2 answers
  • Which of the following statements is(are) true? (A) A favorable variance is not necessarily good, and an unfavorable variance is
    10·1 answer
  • What does not provided by employer mean on snagajob?
    6·2 answers
  • Dyer Furniture is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected to gr
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!