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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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Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If
Evgesh-ka [11]

Answer:

A,. 13.33%.

Explanation:

Return on Investment (ROI) which gives the efficiency of a particular investment

We were given invested capital amounted as $6,000,000, and operating expenses as $5,000,000

We can calculate net income by substracing equal sales revenue from operating expenses

net income can be calculated as = ($5000000-$420000)

= $800000

ROI can be calculated as

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4 0
2 years ago
The purpose of cascading the balanced scorecard throughout the organization is: _____________
frez [133]

Answer:

b. To ensure strict hierarchical control of the organization.

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Brief exercise 8-1 ortega company manufactures computer hard drives. the market for hard drives is very competitive. the current
Korvikt [17]
The profit that is gained by the company for selling a unit is equal to the difference between the revenue and total cost. In this item the revenue is given to be $45 and the profit is $10. To answer this item, we let x be the cost such that,

                   45 - c = 10

Simplifying,

                      c = 45 - 10

Further simplification will lead us to,

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3 years ago
Current ratio of 3.4 and an acid-test ratio of 2.8. The corporation's current assets consist of cash, marketable securities, acc
Sav [38]

Answer:

$30,000

Explanation:

The computation is shown below:

As we know that

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After solving this, the current liabilities is $30,000

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According to the investment model there should be a degree of satisfaction in the relationship to have stability. But Dave doesn't have that commitment which means he is not satisfied with his relationship. This led him to be attracted with other women he worked with. He felt that these women showed interest to him and he thought of this can be the opportunity to find someone else. This is his alternative to find satisfaction that he is looking for.
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3 years ago
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