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
densk [106]
3 years ago
15

Batista Company management wants to maintain a minimum monthly cash balance of $19,900. At the beginning of April, the cash bala

nce is $19,900, expected cash receipts for April are $244,400, and cash disbursements are expected to be $253,300. How much cash, if any, must be borrowed to maintain the desired minimum monthly balance
Business
1 answer:
9966 [12]3 years ago
4 0

Answer:

the amount must be borrowed is $8,900

Explanation:

The computation of the amount must be borrowed is shown below:

Opening cash balance $19,900

Add: cash receipts $244,400

Less: cash disbursements -$253,300

Cash balance after disbursements $11,000

Minimum monthly cash balance $19,900

Amount to be borrowed $8,900

hence, the amount must be borrowed is $8,900

You might be interested in
Jan is attending college and studying to be an investment broker. To improve her chances of employment following​ college, she h
Alexeev081 [22]

Answer:

C is the correct option

Explanation:

Human capital can be defined as an asset that is not listed on the company's balance sheet. It is the economic value of an employee's work experience and skills. It includes education, training, intelligence, skill, health, loyalty and punctuality.

According to the concept of human capital, all labor is not equal and the quality of employers can be improved by investing in their training, education, and abilities. Human capital is important because it is considered to increase the productivity and profitability and the economic values of the employers.

3 0
3 years ago
If labor cost are 55,000 dollers for concession staff, 82,500 dollers for security and 45.000 for parking lot operations and 49,
Pani-rosa [81]

Answer:

43%

explanation:

add them all up for x. then add the concession and parking lot costs for y. finally divide y/x.

Explanation:

7 0
3 years ago
Which site would the nurse assess first for the amount of drainage from a client discharged from the postanesthesia care unit (p
kondaur [170]

The Surgical incision is the site that the nurse will assess first for the amount of drainage from a client discharged from the postanesthesia care unit.

<h3>What is a Surgical incision?</h3>

It refers to the cut made through the skin and soft tissue to facilitate an an operation; most often, a multiple incisions are possible for an operation. but in general, the surgical incision are usually made as small/unobtrusive as possible to facilitate safe and timely operating conditions.

Therefore, this Surgical incision is the site that the nurse will assess first for the amount of drainage from a client discharged from the postanesthesia care unit.

Read more about Surgical incision

brainly.com/question/8543730

#SPJ1

8 0
1 year ago
Read 2 more answers
Lina wants to be a lawyer for her future career. Which extracurricular activity would be the most helpful? teacher’s aide marchi
Aleksandr [31]
I believe your answer would be C. Speech and Debate. Being a lawyer requires lots of debate, and speech to support your answer and make it more clear. 
3 0
3 years ago
Read 2 more answers
On November 1, 2021, Aviation Training Corp. borrows $51,000 cash from Community Savings and Loan. Aviation Training signs a thr
nekit [7.7K]

Answer:

1. November 01,2021

Dr Cash 51000

Cr Notes Payable 51000

2. December 31,2021

Dr Interest expense 510

Cr Interest Payable 510

3. February 01,2022

Dr Interest expense 510

Dr Interest Payable 255

Dr Notes Payable 51000

Cr Cash 51,765

Explanation:

Preparation of to record the necessary entries

1. November 01,2021

Dr Cash 51000

Cr Notes Payable 51000

(Being to Record the issuance of note)

2. December 31,2021

Dr Interest expense 510

(51,000*6%*2/12)

Cr Interest Payable 510

(Being to record the adjustment for interest)

3. February 01,2022

Dr Interest expense 510

Dr Interest Payable 255

(51,000*6%*1/12)

Dr Notes Payable 51000

Cr Cash 51,765

(510+255+51000)

(Being to Record the repayment of the note at maturity)

6 0
2 years ago
Other questions:
  • Visit each of the three credit reporting agencies and find an example of a credit report. For each, describe a different portion
    9·1 answer
  • Evaluating and rewarding managers based on absorption basis income can lead to overproduction. true or false
    6·1 answer
  • Patrick and Amanda are team leaders in a small organization. Patrick does not supervise his team very closely, is always asking
    5·1 answer
  • Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment?
    8·1 answer
  • You may read in the newspaper that a study of a new drug for cancer “increased survival by an average of 8 weeks.” It turns out
    10·1 answer
  • What the difference between yelling and raising your voice?
    13·2 answers
  • During the taking of its physical inventory on December 31, 2014, Barry's Bike Shop incorrectly counted its inventory as $225,51
    12·1 answer
  • "Clothing maker The Gap states that its purpose as an organization is to "create emotional connections with customers around the
    10·1 answer
  • Listed here are product costs for the production of soccer balls. Identify each cost (a) as either fixed or variable and (b) as
    8·1 answer
  • A telephone cost $250. the sales tax is 7.5 . what was the cost of the telephone including sales tax
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!