Business, 11.12.2019 22:31 LilLappyLOL
Beltre corporation is a small wholesaler of gourmet food products. data regarding the store's operations follow:
•
sales are budgeted at $460,000 for november, $480,000 for december, and $470,000 for january.
•
collections are expected to be 45% in the month of sale, 54% in the month following the sale, and 1% uncollectible.
• the cost of goods sold is 80% of sales.
•
the company would like to maintain ending merchandise inventories equal to 60% of the next month's cost of goods sold. payment for merchandise is made in the month following the purchase.
• other monthly expenses to be paid in cash are $24,300.
• monthly depreciation is $22,200.
• ignore taxes.
the difference between cash receipts and cash disbursements in december would be:
$62,500
$83,200
$34,300
$17,000
Answers: 3
Business, 21.06.2019 19:20
Which of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t
Answers: 1
Business, 22.06.2019 06:30
Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies
Answers: 1
Business, 22.06.2019 11:00
Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false
Answers: 1
Business, 22.06.2019 20:40
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.
Answers: 3
Beltre corporation is a small wholesaler of gourmet food products. data regarding the store's operat...
Computers and Technology, 03.08.2021 15:40
Computers and Technology, 03.08.2021 15:50
Chemistry, 03.08.2021 15:50