Business, 28.08.2019 20:30 Mw3spartan17
Use the following information to determine the ending cash balance to be reported on the month ended june 30 cash budget. a. beginning cash balance on june 1, $94,600.b. cash receipts from sales, $416,000.c. budgeted cash disbursements for purchases, $271,000.d. budgeted cash disbursements for salaries, $95,600.e. other budgeted cash expenses, $57,600.f. cash repayment of bank loan, $32,600.g. budgeted depreciation expense, $34,600.choose an answer below: $19,200. $53,800. $76,800. $86,400. $111,400.
Answers: 2
Business, 22.06.2019 11:20
Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.
Answers: 3
Business, 22.06.2019 13:10
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
Business, 22.06.2019 22:30
Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.
Answers: 1
Business, 22.06.2019 22:40
Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?
Answers: 1
Use the following information to determine the ending cash balance to be reported on the month ended...
English, 11.11.2020 01:30
Mathematics, 11.11.2020 01:30
Social Studies, 11.11.2020 01:30
History, 11.11.2020 01:30
Mathematics, 11.11.2020 01:30
Physics, 11.11.2020 01:30
Mathematics, 11.11.2020 01:30
Arts, 11.11.2020 01:30
Mathematics, 11.11.2020 01:30