Cullumber Company expects to have a cash balance of $87,400 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022. 1. Collections from customers: January $134,900, February $277,400. 2. Payments to suppliers: January $76,000, February $142,500. 3. Wages: January $57,000, February $76,000. Wages are paid in the month they are incurred. 4. Administrative expenses: January $39,900, February $45,600. These costs include depreciation of $1,900 per month. All other costs are paid as incurred. 5. Selling expenses: January $28,500, February $38,000. These costs are exclusive of depreciation. They are paid as incurred. 6. Sales of short-term investments in January are expected to realize $22,800 in cash. Cullumber Company has a line of credit at a local bank that enables it to borrow up to $47,500. The company wants to maintain a minimum monthly cash balance of $38,000. Prepare a cash budget for January and February.

Determine allison's december 31, 2018, investment in mathias balance.

P8-4b dropping unfavorable division based on the following analysis of last year's operations of groves, inc., a financial vice president of the company believes that the firm's total net income could be increased by $160,000 if its design division were discontinued. (amounts are given in the thousands of dollars.) required provide answers for each of the following independent situations: a. assuming that total fixed costs and expenses would not be affected by discontinuing the design division, prepare an analysis showing why you agree or disagree with the vice president. b. assume that the discontinuance of the design division will enable the company to avoid 30% of the fixed portion of cost of services and 40% of the fixed operating expenses allocated to the design division. calculate the resulting effect on net income. c. assume that in addition to the cost avoidance in requirement (b), the capacity released by discontinuance of the design division can be used to provide 6,000 new services that would have a variable cost per service of $60 and would require additional fixed costs totaling $68,000. at what unit price must the new service be sold if groves is to increase its total net income by $180,000?

How might a recent college graduate's investment portfolio differ from someone who is near retirement