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2 years ago

A cash budget will not help identify possible problem times. True False

Business

2 answers:

Firlakuza [10]2 years ago

6 0

The correct answer is False

Explanation:

A cash budget refers to a tool used to predict and control the amount of money that would be spent, this applies to the money that is expected will be spent in a business during a certain time or the money that is expected to be spent for a project. Due to this, in projects, a cash budget is useful to identify possible problems related to the budget or money including possible problem times. According to this, it is false a cash budget will not help identify possible problem times because is useful to predict problems related to money and time.

Mekhanik [1.2K]2 years ago

5 0

False

The cash budget contains an itemization of the projected sources and uses of cash in the future. It is used to ascertain whether company operations and other activities will provide a sufficient amount of cash to meet projected cash requirements.

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At XYZ Corp., the master schedule reflects the fact that 50 percent of its output is product version A, 30 percent is version B,

Makovka662 [10]

Answer:

The weekly production for version A be 100 units

Explanation:

According to the given data we have the following:

The Total aggregate forecast for the year=10,400 units

Number of weeks per year=52 weeks

The weekly production=Total aggregate forecast for the year/ numer of weeks

The weekly production=104,00/52=200 units

Therefore, the weekly production for version A=50%of 200 units

The weekly production for version A=100 units

The weekly production for version A be 100 units

6 0

1 year ago

York’s outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 sh

Arisa [49]

Answer:

total non-cumulative preferred stock dividends per year = 80,000 x 7.5% x $5 = $30,000

since the bonds are non-cumulative, if the dividends are not paid during one year, they are basically lost since they will not be paid in the future.

year

2015: $20,000 distributed to preferred stockholders

$0.25 per preferred stock
$0 to common stockholders

2016: $28,000 distributed to preferred stockholders

$0.35 per preferred stock
$0 to common stockholders

2017: $30,000 distributed to preferred stockholders, $170,000 distributed to common stockholders

$0.375 per preferred stock
$0.85 per common stock

2018: $30,000 distributed to preferred stockholders, $320,000 distributed to common stockholders

$0.375 per preferred stock
$1.60 per common stock

Dividends paid during the 4 year period:

Preferred stockholders received $108,000 in total

$1.35 per preferred stock

Common stockholders received $490,000 in total

$2.45 per common stock

3 0

1 year ago

On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $27.70 per share. On March 1, a dividend of

klio [65]

Explanation:

The calculation is shown below:

a. The proceeds from the short sale (net of commission) is

= Number of shares short sold x (price of short sale - commission paid per share)

= 100 shares x ($27.70 - 0.25)

= $2,745

b. The dividend payment is

= Number of shares × dividend per share

= 100 shares × $3.30

= $330

c. Value of an account is

= Proceeds from short sale, commission net - dividend paid - cost including commission

where,

Cost including commission is

= Number of shares short sold x (price of buying stock + commission paid per share)

= 100 shares × ($22 + 0.25)

= $2,225

So, the value of an account is

= $2,745 - $330 - $2,225

= $190

5 0

2 years ago

CHEGG: Schuepfer Incorporated bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows

Ksenya-84 [330]

Answer:

Total cash disbursement= $41,920

Explanation:

Giving the following information:

Number of units= 2,200

Variable selling and administrative expense= $4.50 per unit.

Budgeted fixed selling and administrative expense= $35,720 per month (depreciation of $3,700 per month)

We need to calculate the cash disbursements for selling and administrative.

Depreciation is not a cash expense.

Cash disbursement Selling and Administrative:

Total variable cost= 4.5*2,200= 9,900

Total fixed cost= (35,720 - 3,700)= 32,020

Total cash disbursement= $41,920

6 0

1 year ago

Suppose the large number of bike accidents in a small town results in new legislation that requires all citizens of the town to

Dominik [7]

While the new helmets decrease the probability of a serious head injury resulting from a bike accident, they also incentivize cyclists to ride less safely, which could increase the number of bike accidents and thus head injuries to cyclists

Although the new helmets reduce the probability of head injuries, such an outcome changes the incentives of cyclists by making them less cautious

5 0

1 year ago

Read 2 more answers