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Andrei [34K]
2 years ago
6

Pixi Boutique will have cash receipts of​ $57,000 in December and cash disbursements of​ $51,000 for this month. If its beginnin

g cash is​ $12,000 and its desired reserve is​ $9,000, what will its excess be for​ December?
A. There is no excess but a shortfall.
B.​ $6,000
C.​ $9,000
D. ​$18,000
Business
1 answer:
34kurt2 years ago
6 0

Answer:

The excess cash balance is $9000 and option C is the correct answer.

Explanation:

The excess cash balance is the ending cash balance for the month less the desired reserve. If the desired reserve is more than the ending balance, there is a shortfall.

The ending cash balance for a month can be calculated as follows,

Ending cash balance = Opening cash balance + Receipts - Disbursements

Ending Cash balance = 12000 + 57000 - 51000 = $18000

The excess cash balance is = 18000 - 9000 = $9000

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Unter Components manufactures low-cost navigation systems for installation in ride-sharing cars. It sells these systems to vario
Nookie1986 [14]

Answer:

The answer is 9,360 direct labor-hours.

Explanation:

The first step is to calculate the direct labor-hours per unit. The second step is to calculate the total direct labor-hours required to produce the additional systems.

Step 1

Direct labor-hours per unit = Direct labor / Average wage rate per hour

Star100: Direct labor-hours per unit = 40 / $25 = 1.6

Star150: Direct labor-hours per unit = 50 / $25 = 2

Step 2

Total labor-hours required = Direct labor-hours per unit x Number of systems required

Star100: Total labor-hours required = 1.6 x 2,600 = 4,160

Star150: Total labor-hours required = 2 x 2,600 = 5,200

Combined direct labor-hours required = 4160 + 5,200 = 9,360

5 0
2 years ago
Garrett Enterprise Garrett Enterprise is a well-known company that has been around for many years. However, Mr. Smith, its CEO,
katen-ka-za [31]

Answer:

The correct answer is motivation.

Explanation:

Work motivation refers to the ability of a company to keep its employees involved to offer maximum performance and thus achieve the business objectives set by the organization.

This motivation at work is key to increasing business productivity and team work in the different activities they carry out, in addition to ensuring that each member feels fulfilled at his or her job and identifies with the company's values. It is the best way for workers to consider themselves an important part of the company and give their best.

One of the most productive things that HR teams and HR managers can do is create a strong culture that helps employees be themselves on the job.

4 0
2 years ago
A buyer of a 2003 Protege S Hatchback has a choice of 0% financing for 60 months or a $3,600 rebate. He plans to make no down pa
alekssr [168]

Answer: Option A which is the Dealership 0% financing option will be preferable if the Price of the car is less than the different of Loan monthly Payments minus Rebates.

Explanation:

OPTION 1

A buyer pays 60 monthly instalments and the interest rate is 0%. This tells us that there is no interest the value of the debt (Which is the price of 2003 Protege S hatchback) will not increase over the period of 60%, with this option time value of money is not considered.

Option 2

The buyer receives a Rebate of $3600 if the car is paid for in cash. The buyer qualifies for a loan at an effective rate of 7% per annum. The amount of a loan will be the Price of a 2003 Protege S Hatchback. Assuming the Loan will also ave a period of 60 months, The Total amount Payable over the period of 60 months equals Loan Monthly  payments multiplied by 60 months. The buyer receives a rebate of $3600, therefore The Net Amount Payable for Option 2 financing is found by multiplying Loan monthly payments by 60 months then subtract the Cash Rebate received of $3600

Let us now compare the two options to find out how Large must the Car be for option A to be preferable.

Y = The Price of a 2003 Protege Hatch Back, Which also equals the amount of debt over a period of 60 years (option A has no interest)

Monthly Payments of a loan = P

number of Periods = 60 months

Debt in 60 months  versus Loan payments multiplied by 60 months - rebate

Therefore Y ∠ P x 60 months - $3600

Option A which is the Dealership 0% financing option will be preferable if the Price of the car is less than the different of Loan monthly Payments minus Rebates.

8 0
2 years ago
The Walking Dead Co. provides services on-account and in exchange for cash. All general ledger accounts are adjusted monthly. Fo
dolphi86 [110]

Answer:

See below

Explanation:

Given that,

Accounts receivables :

Beginning balance 1 September = $22,400

Services on account = $45,000

Cash collected = $34,400

Written off accounts = $2,000

Allowance for doubtful accounts:

Beginning balance 1 September = $4,400

Adjusted balance for Allowance for doubtful accounts on 30th September

= Beginning balance 1 September - Written off accounts + Bad debt expense

= $4,400 + $2,000 + ($45,000 × 8%)

= $4,400 + $2,000 + $3,600

= $6,000

6 0
2 years ago
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Alenkasestr [34]

Answer:

The answer is b) rise in price to target desperate last minute buyers.

Explanation:

Last minute buyers would buy the tickets despite the increase in price. Revenue is likely to be maximized from the premium in the tickets' price.

8 0
2 years ago
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