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kirza4 [7]
3 years ago
6

On January 1, Kale Company has a beginning cash balance of $42,000. During the year, the company expects cash disbursements of $

340,000 and cash receipts of $290,000. If Kale requires an ending cash balance of $40,000, the company must borrow:_____
Business
1 answer:
zhenek [66]3 years ago
7 0

Answer:

See below

Explanation:

Given the above information,

= $340,000 - $42,000

= $298,000

Then,

= $298,000 - $290,000

= $98,000

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A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years. What is the amount
Alla [95]

Answer:

$18,750

Explanation:

The double declining method of depreciation (DDB) formula is:

DDB= 2 * Cost of the asset * Depreciation rate (DR)

DR= (1/useful life)*100

For this problem:

Value to depreciate: $75,000

DR= (1/4)*100= 25%

DEPRECIATION YEAR 1: DDB= 2 * $75,000*25%= $37,500

Machine´s value year 1: $75,000-$37,500= $37,500

DEPRECIATION YEAR 2: DDB= 2*37,500*25%= $18,750

4 0
3 years ago
On January 2, Burt asked Logan to loan him money "against my diamond ring." Logan agreed to do so. To guard against intervening
ELEN [110]

Answer:

The answer is: Logan has priority.

Explanation:

Priority is always given to the party that files it first. In this case, Logan and Burt signed a security agreement on January 2 and a financing statement on January 3 that was filed by Logan.

On January 4, Burt sold his ring to Tiilo, but he did it after Logan filed the statement.  

4 0
3 years ago
Which customers help in the profitability and growth of an organization? Both external and customers help in the profitability a
Tom [10]

Answer:

Satisfied and Loyal customers help in the profitability and growth of an organization.

Explanation:

When a company produces a product, they put their best in the design, process, manufacturing and dispatching of the product, so that their target customers use this product and gets satisfied. When consumers get the product of exactly their needs, they try to buy it again and again and becomes the loyal customers of that specific company. Such customers are the permanent customers of that organization and they are ready to pay for the product, thus helps in the profitability of the organization. Also when they talk about the product to other people, they become the marketing agents of the company, thus helping the company to grow. In this way, satisfied and loyal customers help in the profitability and growth of an organization.

8 0
3 years ago
There are 10 workers in Thailand and each can produce either 4 computers or 60 tons of rice. There are 20 workers in the United
Ilya [14]

Answer:

The answer is in the image attached

Explanation:

We will ultiply the output per worker by the amount of workers to get the output for each country

<u>United States:</u>

20 workers x 10 output each  = 200 computers

20 workers x 80 output each = 1,600 tons of rice

<u>Thailand:</u>

10 x 4 = 40 computer

10 x 60 = 600 tons of rice

8 0
3 years ago
PLEASE HELP ME ASAP PLEASE!!!!
Dmitry [639]

Answer:

C. all goods and services that are in demand

Explanation:

Macroeconomics, as a branch of economics, is concerned with the performance of the economy as a whole. Macroeconomics studies the key economic indicators such as unemployment rate, growth rate, aggregate demand, inflation, and price levels.  The government uses data form macroeconomic analysis to formulate policies and strategies for the country.

While microeconomics will be concerned with the income and expenditures of individuals and households, Macroeconomic will consider the consumption and revenues of the entire population. Microeconomics studies the demand for a single product. Macroeconomics focuses on the aggregate demand for products and services in a country, which is more like the GDP.

5 0
3 years ago
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