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aniked [119]
1 year ago
6

Drew Enterprises reports all its sales on credit, and pays operating costs in the month incurred. Estimated amounts for the mont

hs of June through October are:
June July August September October
Budgeted sales $310,000 $330,000 $300,000 $280,000 $260,000
Budgeted purchases $144,000 $120,000 $128,000 $132,000 $90,000
• Customer amounts on account are collected 60% in the month of sale and 40% in the following month.
• Cost of goods sold is 45% of sales.
• Drew purchases and pays for merchandise 30% in the month of acquisition and 70% in the following month.

How much cash is budgeted to be received during August?
Business
1 answer:
Afina-wow [57]1 year ago
8 0

Answer:

$312,000

Explanation:

Given that,

August Sales = $300,000

July sales = $330,000

Customer amounts on account are collected 60% in the month of sale and 40% in the following month.

Cash Receipts during August:

= (August Sales × 60%) + (July Sales × 40%)

= ($300,000 × 60%) + ($330,000 × 40%)

= $180,000 + $132,000

= $312,000

Therefore, the cash is budgeted to be received during August is $312,000.

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How might a Product Owner (PO) adjust team events to take advantage of this capability and promote the flow of value?
zlopas [31]

Answer:

hello your question is incomplete below is the complete question

An Agile Release Train (ART) has implemented a completely automated Continuous Integration/Continuous Delivery (CI/CD) pipeline that can deploy code as it is checked into the source-code repository. How might a Product Owner (PO) adjust team events to take advantage of this capability and promote the flow of value? 1. Release Stories that have been included in the team demo 2. Review and accept Stories as they are completed 3. Identify Stories that are cleared for automatic delivery during Iteration Planning 4. Implement Feature toggles to control which Stories are released

answer :  Identify Stories that are cleared for automatic delivery during Iteration Planning ( 3 )

Explanation:

The Best way a product owner( PO ) can adjust team events in order to take advantage of this capability and promote the flow of values is ; Identify Stories that are cleared for automatic delivery during Iteration Planning.

This is because this options identifies ART and its clearance.

6 0
2 years ago
uppose the current term structure of interest rates, assuming annual compounding, is as follows: s_1s 1 ​ s_2s 2 ​ s_3s 3 ​ s_4s
Ahat [919]

Answer:

7.53%

Explanation:

Calculation for the discount rate of d(0,4)d(0,4)

The discount factor is : d=1/1+i

And given that the interest rates are compounded annually the discount factor will gives the present value of the bond when provided with the interest rate and maturity value.

Therefore the present value of a bond with a maturity value of 1 will be;

Present value=1 /(1+i1) (1+i) (1+i3) (1+i4)

Present value=1 / (1.07) (1.073) (1.077) (1.081)

Present value=0.748

The present value of a bond with a maturity value of 1 will therefore be 0.748.

Now, let calculate the discounting factor for the whole 4 years:

1 (1+d (0,4))‐⁴ =0.748

(1+d(0,4))=0.748‐¹/⁴

1+d (0,4) =1.0753

d (0,4)=0.0753

Therefore the discount rate will be 7.53%

5 0
1 year ago
When installing a motor control system, list four major factors to consider concerning the power system.
beks73 [17]

Answer:

power source, motor type , motor connection, and environment and controller

Explanation:

when we install motor control system

there are many factor which we consider while installing and they are as

  1. power source that is need for operate machine
  2. motor type that is depend on our work output
  3. motor connection need horse power and service factor etc
  4. environment that is also important for outside of equipment with dust and moisture etc
  5. controller type it is depend upon type of motor and its purpose

so these are some type of factor which we consider while installing

5 0
2 years ago
During 2019, Sigma Company earned service revenue amounting to $700,000, of which $630,000 was collected in cash; the balance wi
Kryger [21]

Answer:

$700,000

Explanation:

As we know that

The income statement is the statement that records the income and the expenditure for a company

The expenses should be shown on debit side while the income or revenue is shown on the credit side

Since the total service revenue earned is $700,000 and the same is to be shown in the income statement as it records all the cash and credit sales or service revenue

Therefore, the total amount i.e $700,000 is reported on the income statement

4 0
2 years ago
Refer to the table below. what is the cumulative budgeted cost at the end of week 6? amounts are in thousands of dollars.
12345 [234]
The cumulative budgeted cost at the end of week 6 is $100,000. The answer in this question whose are amounts are in thousand of dollars is $100,000. So, the cumulative budgeted cost at the end of the week 6 is $100,000.Cumulative budgeted cost or acronym of CBC is the amount that is budgeted in order to accomplish the work that was scheduled.
4 0
1 year ago
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