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ch4aika [34]
3 years ago
5

Varughese incorporated is working on its cash buget for March. The budgeted beginning cash balance is $33,000. Budgeted cash rec

eipts total $182,000 and buegeted cash disbursements total $191,000. The desired ending cash balance is $40,000. To attain its desired ending cash balace for March, the company needs to borrow:__.
a. $40,000.
b. $0.
c. $16,000.
d. $64,000.
Business
1 answer:
Andreas93 [3]3 years ago
8 0

Answer:

C. $16,000

Explanation:

Beginning cash balance

$33,000

Add cash receipt

$182,000

Less cash disbursement

($191,000)

Ending cash balance

$24,000

Desired ending cash balance

$40,000

Borrowing ($40,000 - $24,000)

$16,000

Therefore, the company needs to borrow $16,000 to attain its desired ending cash balance for March.

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Answer:

A- January 1, 2021

Explanation:

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The following table shows the assets and liabilities of the Chang family in 2007 and 2008.
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Answer:

d

Liabilities are what someone owes and assets are what someone owns and is worth something. The house is an asset and the car loan is a liability. According to the numbers provided the assets have an increase of $6,000 with +10,000 from the house and -4,000 from the car. And liabilities had a decrease of $25,500 with a -$29,000 from mortgage and car loans and a +3,500 from the savings account and debt. So assets increase and liabilities decrease. 

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3 years ago
An indifference curve shows the various bundles of goods that:_________ A. all cost the same amount of money. B. make the consum
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Answer:

B. make the consumer equally happy.

Explanation:

An indifference curve can be defined as the graphical representation of two products (commodities) that gives a customer equal utility and satisfaction and as such making him or her indifferent about them as they are equally happy.

Hence, an indifference curve shows the various bundles of goods that make the consumer equally happy.

3 0
3 years ago
What is the relative atomic mass of a hypothetical element that consists of the following isotopes in the indicated natural abun
atroni [7]

Answer:

96.1amu

Explanation:

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3 0
3 years ago
A store has 5 years remaining on its lease in a mall. Rent is $2,000 per month, 60 payments remain, and the next payment is due
liubo4ka [24]

Solution:

Sum      Present value of 60 payments

             Rent                                              2000

            Periods                                           60

            Rate                                                 12%

        Present value of 60 payments    $94,405 (Excel = PV( 1% , 60 , 2000))

       Future value of these payments at t=9

       Future value                                   $1,03,249.99(Excel=FV(1%,9,94,405)

       Periods                                              51

        Rate                                                 12%

8 0
3 years ago
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