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skelet666 [1.2K]
2 years ago
15

During the month of July, Falcon Industries has cash receipts of $2,000, $7,000, and $5,500 and makes cash payments of $1,800, $

7,200, and $3,000. If the Cash account started with a $0 balance, Falcon's Cash account balance at the end of July would have a
Business
1 answer:
liraira [26]2 years ago
6 0

Answer:

90000

Explanation:

its easy just subtract the answer from the amount made

You might be interested in
Devon was in a plane crash and suffered quite a few injuries. For months afterward, he had nightmares about the event, and he wa
AlladinOne [14]

Answer:

The correct answer is b. ​Regressive coping.

Explanation:

Coping. This concept has been important in the field of psychology for more than 40 years. During the years 1940 and 1950 it meant an organizational concept in the description and clinical evaluation and, at present, it constitutes the center of a whole series of psychotherapies and educational programs that aim to develop adaptive resources. The issue of coping has also received a lot of attention in the media, as can be seen by flipping through the index of any magazine, book sales lists or programming guides. Actually, the word coping is both a colloquial and scientific term. Despite its prolific history and its current popularity, there is still a lack of coherence regarding theories, research and understanding of the subject. Even the most superficial review of what is written by both scholars and laymen, already reveals confusion regarding the meaning of coping and its role in the adaptation process.

7 0
3 years ago
1. Russell's of Townville needs to borrow $48,000 for one year. The bank requires a 10 percent compensating balance on any amoun
babunello [35]

Answer:

D. 10.0%

Explanation:

As the bank reqiresd 10% compensating balance the actual amount unrestricted for the loan is 48,000 x (1 - 10%) = 43,200

and from this amount we have to solve for the effective rate:

principal x rate = interest

48,000 x 0.09 = 4,320

now we divide the interest over the actual principal to know the effective rate:

4,320 / 43,200 = 0.10 = 10%

8 0
3 years ago
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 30 million bottles of wine were sold ev
AysviL [449]

Answer:

$3

$2

$1

False

Explanation:

The burden of tax refers to who pays the tax between the buyer and the seller.

More burden of tax usually falls to the party with the more inelastic demand because the quantity demanded would not change despite the increase in price as a result of the tax.

To find the amount of tax per bottle = price of wine - amount received by producers = $6 - $3 = $3

The amount paid by consumers = price after tax - price before tax = $6 - $4 = $2

Amount received by sellers = tax- amount paid by consumers = $3 - $2 = $1

It can be seen that consumers bear a higher burden of tax because they pay the greater tax. This means they have an inelastic demand.

If the tax had been levied on producers, the effect on quantity demanded would have been greater because producers have a more less elastic supply when compared to consumers .

I hope my answer helps you

7 0
4 years ago
Read 2 more answers
Cash Payback Period, Net Present Value Method, and Analysis
Digiron [165]

Answer:

Plant Expansion

Cash payback period = 2 years

NPV = $304,707.24

Retail Store Expansion

Cash payback period = 2 years

NPV = $309,744.42

Explanation:

Cash payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

Cash payback for the Plant Expansion

Amount invested = $-900,000

Amount recovered in the first year = $-900,000 + $450,000 = $-450,000

Amount recovered in the second year = $-450,000 + $450,000 = 0

The amount invested in the project is recovered In the second year. So, the cash payback period is 2 years.

Cash payback for the Retail Store Expansion

Amount invested = $-900,000

Amount recovered in the first year = $-900,000 + $500,000 = $-400,000

Amount recovered in the second year = $-400,000 + $400,000 = 0

The amount invested in the project is recovered In the second year. So, the cash payback period is 2 years.

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

Plant Expansion

Cash flow in year 0 = $-900,000

Cash flow in year 1 = $450,000

Cash flow in year 2 = $450,000

Cash flow in year 3 = $340,000

Cash flow in year 4 = $280,000

Cash flow in year 5 = $180,000

I = 15%

NPV = $304,707.24

Retail Store Expansion

Cash flow in year 0 = $-900,000

Cash flow in year 1 = $500,000

Cash flow in year 2 = $400,000

Cash flow in year 3 = $350,000

Cash flow in year 4 = $250,000

Cash flow in year 5 = $200,000

I = 15%

NPV = $309,744.42

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

8 0
4 years ago
If you could help me
MAVERICK [17]

When you are trying to reduce debt it is easier to cut out things that aren't necessary.

You need shelter so you can't cut out rent. Utilities will be hard to cut down since it is used a lot. School shouldn't be cut down either, because that is important for you future job which may help you reduce debt in the future

Dining out is the easiest to cut out/cut down first. Many people dine out because they don't have the time to cook or because they don't want to. If you really want to reduce debt then you can make the time to cook or find the motivation to. This will greatly reduce that big chunk of your money going to dining out, since cooking your own food is a lot cheaper.

Hope this helped!

~Just a girl in love with Shawn Mendes

8 0
4 years ago
Read 2 more answers
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