All categories

3 years ago

Assume a merchandising company provides the following information from its master budget for the month of May:

Business

1 answer:

inessss [21]3 years ago

5 0

Answer:

a. $5,000

Explanation:

The computation of the borrowing is shown below:

Cash balance, May 1 $20,000

Add: Cash collections from customers $80,000

Total cash available $100,000

Less:

Cash disbursements for merchandise purchases -$35,000

Cash disbursements for selling and administrative expenses -$40,000

Excess cash available $25,000

And, there is a minimum cash balance of $30,000

so we have to borrowed $5,000

You might be interested in

Sam visits Mexico for a business meeting. At the meeting, Sam addresses the vice president of the firm by his first name rather

Nesterboy [21]

Answer:

A. power distance

Explanation:

In the context of Hofstede's cultural dimensions, this difference in cultures is part of the power distance dimension, which corresponds to the hierarchical position of the members of an organization and the appropriate relationship form for each hierarchy in an organization that occurs in certain cultures, reinforced by an inequality that already occurs in society.

To avoid offensive behavior in multinational businesses, it is necessary to have multicultural skills that include ethics, respect and knowledge of a new culture and its rules.

8 0

3 years ago

If consumption increases, a) the SRAS curve will shift rightward, which will push the price level up. b) the SRAS curve will shi

SSSSS [86.1K]

Answer: Option (d) is correct

If consumption increases, the AD curve will shift rightward, which will increase the price level.

Explanation:

If the consumption increases in an economy as a result there is a rightward shift in the aggregate demand curve. This shift in the aggregate demand curve lead to increase in the price level as well as in the output level.

Because there is more demand in the economy which gives an advantage for the producer to charge higher price.

3 0

3 years ago

HELP PLEASE HURRY!!!! Is it fair to restrict people's ability to work based on their age? Why or why not? Justify your answer.

7nadin3 [17]

Yes, it is fair. Younger people (Below 18) need to focus more on school. Work can take their attention off of school. And without school they wont be able to get a better job. Plus younger people can only work part time due to child labor. Most workers below 18 also have parents that's job is to feed and care for them, which means they do not even need to work until they are over 18. most people that work under the age of 18 is just for the fact of having money, not because they need it to live.

3 0

3 years ago

Read 2 more answers

Gloria thinks that she is paid less than other workers in her division and feels extremely resentful. She starts taking long bre

Pachacha [2.7K]

Answer:

D) distributive

Explanation:

The salary is not distributed as required as per Jackie so this is perceiving distributive justice.

8 0

4 years ago

Max and maddy charge people to park on their lawn while attending a nearby craft fair. At the current price of $10, seven people

guapka [62]

Answer: c. They would do better charging $15 than $10.

Explanation:

It is given that Max and Maddy total cost of car parking remains the same, that is it does not matter whether they have seven or five cars parked on their lawn. So, since total cost is constant, Max and Maddy's decision would depend on total revenue.

$Profit = TR- TC$

Total revenue from charging, $10 is $70,

Total revenue from charging $15 is $75.

Since, total cost is constant, Max and Maddy will choose to charge $15 since it is giving them $5 more.

5 0

3 years ago