for a business to be viable,it must make a good or proper sales
Here is the cash budget for Danner Company:
DANNER COMPANY <span>
Cash Budget
For the Two Months Ending February 28, 2017
............................................. January..........
February
Beginning cash balance........ 58,185............ 35,557
Receipts
Collections from customers.... </span>109,905............ 193,950<span>
Sale of investment ................ </span>15,516.......... ....... - <span>
Total receipts ........................ 125,421 ............193,950
Total available cash........ .....183,606 ............229,507
Less: Disbursements
Payments to suppliers ............ </span>64,650............ 96,975<span>
Wages …………………………...</span>38,790............ 58,185<span>
Administrative expenses .......... 25,214 ............
30,386
Selling expenses ..................... </span>19,395............ 25,860<span>
Total disbursements .......... ....148,049 ............211,406
Excess of available cash
over disbursements ............... 35,557 ..........
.... 18,101
Financing .......... .......... ............ -
.......... .........7,759
Ending cash balance .......... .... 35,557
.......... ... </span><span>25,860</span>
Answer:
$500 million
Explanation:
Assets - Liabilities
= $750 - ($50+$100+$200+$100)
= $750 million - $450 million
=$300 million
Common stock = $40 million, Retained earnings = $160 miillon
Equity = $160 + $40 + $300 = $500 million
So, best estimate for the firm’s value of equity is $500 million.
Answer:
Stable, formal social structure that takes resources from the environment and processes them to produce outputs
Explanation:
The technical definition of an "organization", according to Laudon and Laudon, focused on three elements of an organization which are stable, formal and social structures.
In terms of longevity and routineness, an organization is more stable than an informal group. Organizations are formal legal entities with internal rules and procedures that must abide by laws. Organizations are also social structures because they are a collection of social elements.
Answer:
Investor A = $545216 .
Investor B = $352377
Investor C = $897594
Explanation:
Annual rate ( r ) = 9.38%
N = 41 years
<u> Calculate the balance at age of 65</u>
1) For Investor A
balance at the end of 10 years
= $2000 (FIA, 9.38 %, 10) (1 + 0.0938) ≈ $33845
Hence at the end of 65 years ( balance )
= $33845 (FIP, 9.38 %, 31) ≈ $545216 .
2) For investor B
at the age of 65 years ( balance )
= $2000 (FIP, 9.38%, 31) = $322159 x (1 + 0.0938) ≈ $352377
3) For Investor C
at the age of 65 years ( balance )
= $2000 (FIP, 9.38%, 41) = $820620 x (1 + 0.0938) ≈ $897594