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Dimas [21]
3 years ago
15

XYZ pays for 40% of its raw materials purchases in the month of purchase and 60% in the following month. Budgeted cost of materi

als purchases in July is $256,550 and $278,050 in Aug. Total budgeted cash disbursements for materials purchases in August is:______.
A) S265,150
B) $153,930
C) $166,830
D) S111,220
Business
1 answer:
kirza4 [7]3 years ago
4 0

Answer:

$265,150

Explanation:

Cost of material purchases in July

= 256,550 × 60/100

= 256,550×0.6

= 153,930

Cost of purchases in August

= 278,050×40/100

= 278,050×0.4

= 111,220

Total cash disbursement

= 111,220+153,930

= $265,150

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Vanyuwa [196]

Answer:

The Portfolio beta is 1.1045

Explanation:

The computation of the portfolio beta is given below:

<u>Stock          Beta       Investment (Weight)       Weighted Beta </u>

Stock Q      0.8         0.3                                   0.2400

Stock R       1.18       0.25                                  0.2950

Stock S       1.19       0.25                                  0.2975

Stock T        1.36      0.2                                    0.2720

Portfolio beta                                                  1.1045

6 0
3 years ago
On subjective, socially desirable, and common dimensions, most people:
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Answer:

The correct answer is letter "A": see themselves as better than the average person.

Explanation:

In <em>social psychology</em>, individuals' self-serving bias is the point of view people have of themselves believing they are superior to others. Given a certain attribute, these kinds of individuals relate a positive outcome with their own "awesomeness" while a negative outcome is the reflection of others not being capable enough of reasoning like the individuals even though the individuals could be objectively wrong.

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Looking to invest in his first pair of leather dress shoes, sean is deciding between some alden slip-ons and some allen edmonds
Simora [160]

The savings that would come from buying the wingtips

The classic, snazzy look that comes with wearing wingtips

7 0
3 years ago
Read 2 more answers
As the company prepares to sell and open more stores in the Indian and Chinese markets, which type of strategy would you recomme
aleksandr82 [10.1K]

Answer:

Business Environment Research

Explanation:

Very intensive 'business environment research' strategy is important for any company trying to open more stores in any new market. Business Environment refers to external factors that affect a business.

All the aspects of market environment

  • Economic (Growth, Income, Monetary Policy, Interest etc)
  • Political (Political stability, business community trust)
  • Legal  (Laws, Rules & Regulations, Mandates etc)
  • Social (Customs, Beliefs, Lifestyles, Values etc)
  • Technological (Ongoing scientific & technical upgradations)

It is important to understand all these aspects to be able to understand a market better, & sell (expand) their successfully.

7 0
3 years ago
On December 31, the company's Cash account had a balance of _____. $40,000 $54,000 $110,000 $124,000
notka56 [123]

Answer:

The company's Cash account had a balance of <u>$54,000</u> on December 31.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the questions as follows:

Company's cash account had balance of 14000 on January 1

Receipts from customers- 50,000

payments for dividends- 10,000

receipts for dividends- 5,000

payments for merchandise- 25,000

receipts from issuance of stock- 20,000

On December 31, the company's cash balance is?

A 40,000

B 54,000

C 110,000

D 124,000

The explanation of the answer to the question is now given as follows:

the company's Cash account balance On December 31 can be obtained by simply adding the total cash receipts to and deducting the total cash payments from the Company's cash account balance of 14000 on January 1. This can be expressed as follows:

Cash balance on December 31 = Cash account balance on January 1 + Total cash receipts - Total cash payments .............. (1)

Where we have:

a. Cash account balance on January 1 = $14,000

b. Calculation Total cash receipts

Details                                                     $  

Receipts from customers                  50,000

receipts for dividends-                         5,000

receipts from issuance of stock     <u>   20,000   </u>

Total cash receipts                       <u>     75,000    </u>

c. Calculation Total cash payments

Details                                                      $  

Payments for dividends                     10,000

payments for merchandise            <u>   25,000  </u>

Total cash payments                     <u>   35,000  </u>

Substituting the values into equation (1), we have:

Cash balance on December 31 = $14,000 + $75,000 - $35,000 = $54,000

Therefore, the company's Cash account had a balance of <u>$54,000</u> on December 31.

6 0
3 years ago
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