Answer:
the minimum amount that required to create an emergency fund is $13,080
Explanation:
The computation of the minimum amount that required to create an emergency fund is as follows:
= Monthly expenses × minimum months
= $4,360 × 3 months
= $13,080
hence, the minimum amount that required to create an emergency fund is $13,080
The same is relevant and considered too
Answer:
For year 1, present value is $9,821.43
For year 2, present value is $19,132.65
For year 3, present value is $25,624.09
Explanation:
Please refer to the attached file
The answer is Opportunity.<span />
Answer:
<u>18,750 units</u>
Explanation:
A firm has the following forecast information for sales of Product X:
April 15,000 units
May 17,000 units
June 19,000 units
July 18,000 units Product X sells for $3 per unit.
Half of the firm's sales are for cash and the other half is on account.
Credit sales are collected in the following pattern: 60% in the month of sale, 30% in the month following sale, and 5% in the second month following sale (the remainder are uncollectible).
If the firm targets its ending inventories to be 25% of the following month's sales, what are the budgeted purchases (in units) for June
.
Purchases Budget = Required production for sales - opening inventory of raw materials + closing inventory of raw materials = Raw materials required
June's Production Budget
Required production for sales = .............................................19,000 units
less: Beginning inventory (25% of June's sales) =............... 4,750 units
Add: Required Ending Inventory (25% of July's sales) = ...<u>4,500 units</u>
Raw materials required for purchase in June =.................. <u>18,750 units</u>
The answer is Clean Water Act. It is a U.S. federal law that
controls the discharge of pollutants into the nation's surface waters. This act
was initially known as the Federal Water Pollution Control Act. Also, this act
is managed by the U.S. Environmental Protection Agency (EPA), which arranges
water quality standards, handles implementation, and helps state and local
governments advance their own pollution control plans. The federal government delivered
billions of dollars in grants to back the building of sewage treatment
facilities around the country. This act also necessitate businesses to apply
for federal documents to discharge pollutants into water courses, as well as to
decrease the amount of their discharges over time.
