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Anit [1.1K]
3 years ago
5

Bee Inc. is working on its cash budget for March. The budgeted beginning cash balance is $35,000. Budgeted cash receipts total $

116,000 and budgeted cash disbursements total $110,000. The desired ending cash balance is $51,500. To attain its desired ending cash balance for March, the company needs to borrow:
Business
1 answer:
son4ous [18]3 years ago
4 0

Answer:

$10,500

Explanation:

Bee Inc.

Cash Budget for March

Budgeted Receipts                                    $116,000

Les Budgeted Expenses                          ($110,000)

Net Cash                                                       $6,000

Add Budgeted Beginning Balance           $35,000

Balance                                                        $41,000

Loan ($51,500 - $41,000)                            $10,500

therefore,

To attain its desired ending cash balance for March, the company needs to borrow $10,500

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Managers can increase their ability to make nonprogrammed decisions that will allow them to adapt to, modify, and even drastical
vodka [1.7K]

Answer:

Learning.

Explanation:

Organisational learning is the process by which knowledge is created, retained, and transfered within an organisation. This will imporve quality of decision-making at all levels of the organisation.

Over time the organisation gains a broad knowledge base that it can use to better the organisation.

Innovative or nonprogammed decisions opens up a world of possibilities to the business and evaluation is done to get the best idea for implementation.

7 0
3 years ago
Blossom Corporation, a manufacturer of ethnic foods, contracted in 2020 to purchase 470 pounds of a spice mixture at $2.35 per p
Sveta_85 [38]

Answer:

No gain or loss.

Explanation:

Given:

Amount of spice mixture = 470 pound

Current price = $2.35 per pound

Future price = $2.73 per pound

Computation:

We know that, Future price of spice mixture is higher than current price of spices.

But contract price is fixed at $2.35.

Therefore, no gain or loss will be recognized.

7 0
3 years ago
Read 2 more answers
When poor performance is attributed to a lack of knowledge, team members are most likely to respond by
k0ka [10]

It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.

<h3>What is training?</h3>

Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.

When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.

Learn more about training on:

brainly.com/question/26270137

5 0
2 years ago
Blue Spruce University sells 4,500 season basketball tickets at $140 each for its 12-game home schedule. Give the entry to recor
STatiana [176]

Answer:

a. Total revenue received:

= 4,500 * 140

= $630,000

Date                 Account Title                                           Debit              Credit

XX-XX-XXXX  Cash                                                     $630,000

                        Unearned revenue                                                     $630,000

Revenue is unearned because the games have not been played yet therefore Blue Spruce University has not provided the service for which it was paid and has not earned the revenue.

b. The revenue per game is:

= 630,000 / 12 games

= $52,500

Date                 Account Title                                           Debit              Credit

XX-XX-XXXX   Unearned Revenue                             $52,500

                        Revenue - Ticket Sales                                               $52,500

8 0
3 years ago
Sue plans to mix peppermints worth $1.20 per lb with chocolates worth $2.40 per lb to get a 40 lb mix that is worth $1.65 per lb
Lunna [17]

Answer:

Each should be used as follows:

Weight of peppermints = X = 25 lb

Weight of Chocolates = Y = 15 lb

Explanation:

Suppose

Weight of peppermints = X

Weight of Chocolates = Y

So According to given condition

X + Y = 40 (Eq. 1)

1.2X + 2.4Y = 1.65*40

1.2X + 2.4Y = 66 (Eq. 2)

By multiplying  (Eq. 1) with 1.2 we get

1.2X + 1.2Y = 48  (Eq. 3)

Now by subtracting  (Eq. 2) from  (Eq. 3)

(1.2X + 1.2Y) - (1.2X + 2.4Y) = 48 - 66

1.2X + 1.2Y - 1.2X - 2.4Y = -18

1.2X - 1.2X + 1.2Y - 2.4Y = -18 (Rearrange)

-1.2Y = -18

1.2Y = 18

Y = 18/1.2

Y = 15

By placing value of Y in (Eq. 1)

X + 15 = 40

X = 40 - 15

X = 25

<u>Check</u>

1.2X + 2.4Y = 66

1.2 (25) + 2.4 (15) = 66

66 = 66

6 0
3 years ago
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