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Arisa [49]
3 years ago
11

Wriston Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be

$15,000. Budgeted cash disbursements are $72,500, while budgeted cash receipts are $89,600. Wriston Company wants to have an ending cash balance of $30,000. The excess (deficiency) of cash available over disbursements for the month would be
Business
1 answer:
ch4aika [34]3 years ago
7 0

Answer:

$2,100

Explanation:

Cash Available = Opening Balance + Receipts - Disbursements - Desired Balance

                          = $15,000 +$89,600  - $72,500 - $30,000

                          = $2,100

Therefore,

The excess  of cash available over disbursements for the month would be  $2,100

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Whispering Winds Corp. just began business and made the following four inventory purchases in June: June 1 147 units $882 June 1
MariettaO [177]

Answer:

the ending inventory using the LIFO method is $1,225

Explanation:

The computation of the value of the inventory using the LIFO method is shown below;

Since there are 196 closing units

So,

= 146 units × $6 + 49 units × $7

= $882 +  $343

= $1,225

The $6 come from

= $882 ÷ 147 units

And, $7 comes from

= $1,372 ÷ 196 units

Hence, the ending inventory using the LIFO method is $1,225

5 0
2 years ago
dupe's age and olu's add upto 25 years. Eight years ago , dupe was twice as old as olu. how old are they now?​
Bas_tet [7]

Dupe's present age = 14 years

Olu's present age = 11 years

Explanation:

  • Let Dupe's age be x. Let Olu's age be y. Since their ages add up to 25 years, x + y = 25
  • Eight years ago Dupe's age was double that of Olu's age. Solving by simultaneous equations. Four methods are Elimination Method, Graphical Method, Substitution Method, and    Matrix Method. Let us try out Elimination method for solving a pair of simultaneous linear equations that reduces one equation to one that has only a single variable. Once this has been done, the solution is the same as that for when one line was vertical or parallel.
  • Therefore, eight years ago, Dupe's age was 6 and Olu's age was 3 so that x=2y becomes, 6=2*3. Eight years hence, x=6+8=14 and y=3+8=11. That makes, x or Dupe's age as 14 years and y or Olu's age as 11 years.  
6 0
3 years ago
If the managers of HHH Enterprises were to commit to an investment project under consideration, they would obtain 40% of the mon
Mamont248 [21]

Answer:

D. 9.44%

Explanation:

The computation of the weighted average cost of capital is shown below:

Weighted average cost of capital is

= Cost of debt × (1 - tax rate) × weight of debt + cost of equity × weight of equity

= 8% × (1 - 0.30) × 40% + 12% × 60%

= 2.24% + 7.2%

= 9.44%

Hence, the weighted average cost of capital is 9.44%

Therefore the right option is D.

6 0
3 years ago
When women and minorities hit an invisible barrier within an organization that, because of discrimination, prevents individuals
gregori [183]
<span>This invisible barrier is called the glass ceiling. There are multiple factors that enable such a thing, including (but not limited to) prejudices against women in the work place, lack of recruitment of women to certain types of jobs that are historically performed by men (i.e. science, engineering, etc), and lack of mentoring on the job.</span>
5 0
3 years ago
Read 2 more answers
Suppose that United States produces 10,000,000 barrels of oil and 1,000 bushels of wheat each week. Suppose that Pakistan produc
Darya [45]

Answer:

1. 1,000 bushels of wheat

2.  d) A situation where one country does not engage in trade with other

Explanation:

1 & 2. Autarky refers to a situation where a country does not engage in trade with other countries but rather relies on its own production capacities to feed the consumption in the country.

Autarkies in the current world are not a thing because countries trade with each other. Even North Korea trades with Russia, China and others.

In an Autarky situation therefore, the United States would only be able to consume the wheat that it produces itself which according to the question is 1,000 bushels of wheat.

8 0
3 years ago
Read 2 more answers
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