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siniylev [52]
3 years ago
10

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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Jeffery Brooks has just landed a job as the produce manager for a large grocery store. The store manager mentioned that last sum
tiny-mole [99]

Answer:

The correct answer is: a 10% increase in the price of cantaloupes will increase the quantity demanded of water melons by 11%.

Explanation:

The produce manager of a large grocery store is informed that the cross-price elasticity of demand between cantaloupes and water melons is 1.10.  

The cross-price elasticity of demand is a measure to calculate the change in demand for a commodity due to a change in the price of another commodity.  

It is calculated as a ratio of the percentage change in demand and percentage change in price.  

A positive price elasticity implies that the two goods are substitutes. An increase in the price of one good leads to an increase in the demand for another.  

The cross elasticity can be calculated as,

= \frac{\% \Delta Qy}{\% \Delta Px}

Let's assume that the price of cantaloupes increases by 10%.

Then,  

1.10 =  \frac{\% \Delta Qy}{10 \%}

ΔQy = 11

So we see that a 10% increase in the price of cantaloupes will cause the demand for water melons to increase by 11%.

7 0
3 years ago
To rate TV shows, phone surveys are sometimes used. Such a survey might recordseveral variables, some of which are listed below.
serg [7]

Answer:

B) the ages of all persons watching the show

Explanation:

While doing any surveys, whether on any platform, where the question in survey is of personal information it leads to categorization.

Here, the analysis has number of persons watching such show, this will not categorize any as people will just say yes or no.

Ages is a personal question as what is the age will depend upon person to person and can be categorized in a wide range.

The number of times the show has been watched depends on timings and people's preference, to such there is no categorization.

the name of the show will only create the details of people's preference for the show.

Therefore, Categorization can be done only for

B) the ages of all persons watching shows.

8 0
3 years ago
What are two ways to create forms in Base to search data?
Lyrx [107]
<span>The two ways to create forms in Base to search data is  </span>Use a wizard, or use a report. and Use a report, or use Design View. The two ways to create LibreOffice Base forms are Form Wizard and Design View. <span>These forms are very simple to create and can be attached to existing database.</span>
7 0
4 years ago
Read 2 more answers
Is the inside of your car feeling hot on a summer day conduction, convection, or radiation
weqwewe [10]
Conduction because heat is directly transmitted through a substance where there is a difference of temp. without movement of material :)
6 0
3 years ago
On July 31, 2021, the company donated this machine to the Mountain King City Council. The fair value of the machine at the time
Yuri [45]

Answer & Explanation:

Depreciation a/c ...dr

Loss a/c .....dr

Charity a/c .. dr        

          To machine a/c    

  • Machine amount = Machine cost value (eg, lets suppose = 2,000,000)
  • Charity amount = fair value of machine at time of donation = 1,4300,000. It is the amount that could have been otherwise received on machine sale, but is given as charity.
  • Accumulated depreciation is the total depreciation on machine upto date (eg, lets suppose = 5,00,000)
  • Loss = (Machine cost - accumulated depreciation) - current fair value

    Eg: If cost = 2,000,000 & accumulated depreciation = 5,00,000. Machine value should be = 2,000,000 - 5,00,000 = 15,000,000. The fall in value from 15,000,000 to 1,430,000 = 70,000 is loss on machine disposal.

7 0
4 years ago
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