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3 years ago

Explain what a cash budget is and why it is important for all businesses.

Business

1 answer:

deff fn [24]3 years ago

4 0

Answer:

A cash budget is very important, especially for smaller companies. It allows a company to establish the amount of credit that it can extend to customers without having problems with liquidity. A cash budget helps avoid a shortage of cash during periods in which a company encounters a high number of expenses.

Explanation:

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nordsb [41]

The correct answer is D.

If you don't include something in the subject line of an email the recipient might delete your message or send it to the spam folder. The whole purpose of a subject line is to include a compelling reason for the recipient to open the email and read it. If there is nothing in the subject line then the recipient will have no reason to open the email and might just automatically delete it of forward it to spam.

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2 years ago

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Three commonly used productivity variables are: quality, external elements, and precise units of measure. labor, capital, and ma

Bingel [31]

Answer:

The correct answer is letter "B": labor, capital, and management.

Explanation:

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Capital refers to the buildings, machinery, and tools used in the manufacturing process. It also involves talking about intellectual capital, which is the technical expertise that a company acquires over time.

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3 years ago

All-Star Automotive Company experienced the following accounting events during 2018: Performed services for $25,000 cash. Purcha

Mariana [72]

Answer & Explanation:

Operating Activities

services collected 25,000

salaries paid (14,000)

utilities paid (2,800)

cash generated from operating activities 8,200

Investing activities

proceeds from land 9,000

purchase of land (6,000)

cash generated from investing activities 3,000

Financing Activities

issuance of stocks 50,000

bank loan 5,000

payment on loan (10,000)

dividends paid (5,000)

cash generated from financing activities 40,000

Total cash generated for the year ended December 31th, 2018 51,200

beginning balance 9,200

ending balance 60,400

Notes: Activities related to the daily operation wil lbe operating activities.

The transaction involving long-term assets will be investing activities

The stocks, dividends and loan, loan payment are financing activities for the company.

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3 years ago