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
Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-
ddd [48]

Answer:

$11,000 under applied

Explanation:

To compute the under or over applied overhead, we need to find out the predetermined overhead rate

Predetermined overhead rate = Total estimated manufacturing overhead ÷ Estimated machine hours

= $4,100,000 ÷ 500,000

= $8.2

Then, the overhead applied is;

= Actual machine hours × Predetermined overhead rate

= 495,000 × $8.2

= $4,059,000

Now, the under applied or over applied overhead is

= Actual annual overhead cost - Applied overhead

= $4,070,000 - $4,059,000

= $11,000 under applied

3 0
2 years ago
A company creates a rating form for its suppliers and rates their on-time delivery, product quality, service advice, and so fort
kobusy [5.1K]

Answer:

Vendor analysis

Explanation:

Organizational Buying Process

This is simply refered to as the decision making process where organizations state the need for purchased products and services and thereafter identify or evaluate to choose among them. There are 3 influences purchase type. They includes: structural and behavioral.

Vendor analysis in organizations buying influence is simply known as the behavioral needs of the buyer.

ethical conflicts may sometimes arise in buyer-supplier relationships. This can help the buying organization to manage spending

Vendor Analysis

This is simply refered to as a formal rating of suppliers on all important areas of performance.

The usual goal of a vendor analysis is to lower the total costs of a purchase.

The steps in Organizational buying process. They includes:

1. Recognize the product needed

2. Vendor analysis

3. Purchase decision

4. Post purchase evaluation.

3 0
3 years ago
What option will NOT be available if you are behind on loan payments?
Elena L [17]

Answer:

I think the answer is...... A.You can ask to get out of your loan.

Hope i helped :)

Explanation:

6 0
3 years ago
7. You have saved $4,000 for a down payment on a new car. The largest monthly payment you can affort is $350. The loan will have
nordsb [41]

Answer:

$13,290.89  and $15,734.26

Explanation:

In this question we have to use the Present value function which is shown on the attachment below:

In the first case

Provided that

Future value = $0

Rate of interest = 12%  ÷ 12 months = 1%

NPER = 48 months

PMT = $350

The formula is shown below:

= PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $13,290.89

In the second case

Provided that

Future value = $0

Rate of interest = 12%  ÷ 12 months = 1%

NPER = 60 months

PMT = $350

The formula is shown below:

= PV(Rate;NPER;PMT;FV;type)

So, after solving this, the present value is $15,734.26

8 0
3 years ago
Presented below are long-term liability items for Pharoah Company at December 31, 2020. Bonds payable, due 2022 $625,000 Lease l
lesya [120]

Answer:

See explanation

Explanation:

Consider liabilities due within period of more than 12 months for the long-term liabilities section of the balance sheet.

4 0
2 years ago
Other questions:
  • Which of the following is specifically designed to increase the long run aggregtae suply curve?
    15·1 answer
  • Why is the statistical validity of a multiple regression design more complicated to interrogate than a bivariate design? a. Thes
    8·1 answer
  • Tracy and Lance, equal shareholders in Macaw Corporation, receive $600,000 each in distributions on December 31 of the current y
    8·1 answer
  • Which transaction increases​ stockholders' equity? A. payment of operating expenses B. expenses greater than revenues for the pe
    13·1 answer
  • In a sponsorship proposal, where is it appropriate for organizations to discuss their accomplishments?
    10·1 answer
  • Which practice should you follow while interfacing with customers?
    12·2 answers
  • Liabilities are amounts you _____. (1 point) owe consider assets avoid add to your assets
    5·2 answers
  • Cost of a Fixed Asset Borges Inc. recently purchased land to use for the construction of its new manufacturing facility and incu
    9·1 answer
  • ________ models assist top-level managers in long-range planning, such as stating company objectives or planning plant locations
    7·1 answer
  • Using Apple as the company, how can this organization benefit from the four business intelligence capabilities? Identify the spe
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!