Use the following information to prepare the july cash budget for acco co. it should show expected cash receipts and cash payments for the month and the cash balance expected on july 31. beginning cash balance on july 1: $76,000. cash receipts from sales: 25% is collected in the month of sale, 50% in the next month, and 25% in the second month after sale (uncollectible accounts are negligible and can be ignored). sales amounts are may (actual), $1,970,000; june (actual), $1,280,000; and july (budgeted), $1,500,000. payments on merchandise purchases: 90% in the month of purchase and 10% in the month following purchase. purchases amounts are: june (actual), $430,000; and july (budgeted), $600,000. budgeted cash payments for salaries in july: $130,000. budgeted depreciation expense for july: $13,000. other cash expenses budgeted for july: $130,000. accrued income taxes due in july: $80,000. bank loan interest paid in july: $7,500.

The federal act which provided over $7 billion to the epa to protect and promote "green" jobs and a healthier environment is the - national environmental policy act. - resource recovery act.- resource conservation and recovery act.- american recovery and reinvestment act. - clean air act.

In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?

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