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Verizon [17]
2 years ago
8

Sparks Corporation has a cash balance of $14,100 on April 1. The company must maintain a minimum cash balance of $11,500. During

April, expected cash receipts are $59,000. Cash disbursements during the month are expected to total $68,500. Ignoring interest payments, during April the company will need to borrow:
Business
1 answer:
chubhunter [2.5K]2 years ago
3 0

Answer:

$6,900

Explanation:

The amount of cash the company will need to borrow is dependent on the closing balance and the minimum cash balance the company must maintain.

The closing cash balance is the sum of the opening balance and the net movement in cash during the month. The net movement in cash is the difference between the cash receipts and the cash payments.

Closing cash balance = $14,100 + $59,000 - $68,500

= $4600

Amount to be borrowed = $11,500 - $4,600

= $6,900

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Barry's Tire Service completed 100 tire changes, six brake jobs, and 16 alignments in an eight-hour day with his standard crew o
galben [10]

Answer:

Labor productivity is 157.083 per hours

Explanation:

Number of tires changed = 100 tire

Number of brake jobs = 6

Alignment job = 16  

Number of standard crew = 6 machines

The cost of break specialist = $16 per hour

Cost to change tire = $8

Alignment costs = $14 per hour.

Given the cost of material = $2000

Overhead cost = $500

Now we have to find labor productivity hours.

Labor productivity = Output / Labor hours

Labor productivity = (100)(60) + (6)(150)+(16)(40) / (6)(8)

Labor productivity = (6000 + 900 + 640) / 48

Labor productivity = 157.083 per hours

3 0
2 years ago
Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant,
Kaylis [27]

Answer:

The correct answer is:

-$80 (d.)

Explanation:

in order to calculate this, we have to determine the total income earned from farming, and the total income that could have been earned if Ziva had done her consultancy service, and calculate the difference. This is shown as follows:

farming business

cost of seeds = $130

income from seeds = $300

Net income from farming = 300 - 130 = $170

Home-organizing service

charge per hour = $25

time spent on field that would have been used for consultancy = 10 hours

total amount that would have been earned for consultancy = 25 × 10 = $250

Difference between income earned for farming and the income that would have been earned for home-organizing serving = 170 - 250 = -$80

Note that the negative sign is there because Ziva indulged in the activity with the lesser income so she effectively made an economic loss instead of  a profit (she made a negative profit).

7 0
2 years ago
The rate of ___________ has been fluctuating wildly this week.
s2008m [1.1K]
I think the correct answer from the choices listed above is option D. <span>The rate of exchange has been fluctuating wildly this week. Rate of exchange is the one being monitored by every country every moment so it should be this the correct answer. Have a nice day.</span>
8 0
2 years ago
Carla Vista Co. had the following assets on January 1, 2017. Item Cost Purchase Date Useful Life (in years) Salvage Value Machin
Minchanka [31]

Answer:

I have no Idea ask your teacher

7 0
1 year ago
1. How does Cobley connect the ideas of brands and force? What is his point about<br><br> brands?
fomenos

Answer:

How does Cobley connect the ideas of brands and force? ... He connects them by saying that the more weight the brand has the more effort it takes to change or move that brand.

Explanation:

5 0
2 years ago
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