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nexus9112 [7]
2 years ago
10

Compute the respective net cash flows and cumulative cash balances for the months indicated on the following cash budget for six

months. Jan. Feb. Mar. Apr. May June Sales Receipts $300 $350 $300 $350 $400 $300 Cash Disbursements $200 $200 $210 $295 $375 $300 Net Cash Flows $ $ $ $ $ $ Cumulative Cash Balances $ $ $ $ $ $
Business
1 answer:
LiRa [457]2 years ago
8 0

Answer:

Cumulative cash flow - $420

Net cash flow

Jan = $100

Feb= $150

Mar= $90

Apri -$55

May = $25

June -0

Explanation:

                                          Jan - Feb - Mar - Apr - May - June

sale receipt                        300   350  300   350   400   300

Disbursement                    (200)  (200) (210) (295) (375) (300)

Net cash flow                    100     150    90     55      25     0

Cumulative balance = $420

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Answer:

Fiedler's contingency model would classify Jack as task structure oriented.

Explanation:

According to Fiedler's contingency model

Task Structure refers to the extent to which group tasks are clear and structured.

It can structured and unstructured

When task structure is unstructured or low, group tasks are vague. There is no clear solution or correct approach to complete the goal.

In contrast, when task structure is structured or high, the objective is clear. Employees have a clear idea about the how to approach and reach the company's goal

Jack' approach that emphasizes to his people that the work must be done, regardless of circumstances, and encourages his employees to meet their sales quotas is categorized under task structure.

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Suppose the college administrators estimate that the beautification initiative will cost $7,200. To decide whether the initiativ
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Answer: $5,400

Explanation:

The 300 students on average agreed that they would be willing to pay $18 fo the beautification project.

The total monetary value of the benefit of the beautification initiative, as suggested by the survey is the amount that would be accrued if every student paid for the project at their Average Willingness to pay.

This would be,

= 300 * 18

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The Total Benefit as suggested by the Survey is $5,400.

NB - The Total Benefit as suggested by the Survey is LESS than the cost of the Survey so the project SHOULD NOT be embarked on.

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2 years ago
Swazzi has released a new line of sweater vests, but they are selling poorly. Store managers say they need same-day information
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Answer:

Since Store managers say they need same-day information on the company's advertising plans, store managers can email me directly for this information.

Explanation:

The situation at Swazzi is precarious since they are not selling the new line of sweater vests well enough to match their sales forecast.

Store managers who are interacting with the consumers at their different outlets will definitely try to find a way to drive sales, hence their request for same day advertising plans from the company.

Mitigating this short fall calls for escalating and responding to requests from the company and the store managers hence the need for a very fast and cost effective communication medium.

For swift communication between the company and store managers, it is okay for store managers to email their request directly and vice versa.

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Which of the following illustrates a tradeoff​? A. Randy enjoys ski vacations. B. I will study for my exam instead of going to t
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A tradeoff is a balance achieved between two desirable but incompatible feature. So the reasonable answer would be B

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2 years ago
If you put $700 in a savings account with a 10% nominal rate of interest compounded monthly, what will the investment be worth i
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<span>To find the compound interest of an investment you have to use this formula, A = P(1 + r/n)^nt, where A is the total amount you have after the investment period, P is the amount you invest or the amount you put in, r is the rate of the of the compound interest in this case 10%, n is the amount of time the interest will be compounded for example, 4 months a year(quarterly) or 6 months a year(semi annually), and t is the amount of time you invest in years. So in this case you are going to substitute everything in the formula with their given value. So P = $700, r = 10%, n = 21 (because it is the number of months we invest for), and t = 2 years (because 21 months fit perfectly in 2 years, and t must always be in years). The resulting formula will be A = $700(1 + 0.1/21)^(21 x 2), which will give you an answer of $855 rounded to the nearest dollar.</span>
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