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GuDViN [60]
1 year ago
10

A company is preparing its cash budget for the coming month. All sales are on account. Given the following: Beginning Balances B

udget Amounts Cash$146,000 Accounts Receivable 196,000 Sales $880,000 Cash disbursements 940,000 Depreciation 33,000 Ending accounts receivable balance 226,000 What is the expected cash balance of the company at the end of the coming month
Business
1 answer:
iVinArrow [24]1 year ago
6 0

Answer:

$56,000

Explanation:

Given the above information, we will calculate first the total cash flow.

Total cash flow = Opening cash receivable + Sales - Ending cash receivables

= $196,000 + $880,000 - $226,000

= $850,000

Ending cash balance = Opening cash balance + Total cash flow - Cash disbursement

= $146,000 + $850,000 - $940,000

= $56,000

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JED Corp., an e-commerce company, has created a network that supports its supply chain management system. The network provides t
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The question is incomplete, it lacks options.

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Answer:

Extranet.

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2 years ago
Southern Rim Parts estimates its manufacturing overhead to be $495,000 and its direct labor costs to be $900,000 for year 1. The
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Answer:

Job 301    $   11,000

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Job 303   $ 22,000

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\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

To calculate the overhead rate <u>we divide the estimated overhead cost by the estimated cost driver:</u>

\frac{495,000}{900,000}= Overhead \:Rate

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1 year ago
The following are sales revenues for a large utility company for years 1 through 11. Forecast revenue for years 12 through 15. B
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2 years ago
Mary’s hourly wage is twice that of John’s. John’s and Dennis’ hourly wages together total $60. If Dennis earns 1/3 of John’s ra
kolezko [41]

Answer: $90

Explanation: This problem can be solved by using following equation :-

Let John's hourly wage rate be J, Mary's hourly wage rate be M and Dennis hourly wage rate be D, therefore :-

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AND,

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Now,putting the value of D in equation 2 we get,

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