Answer:
Ending cash balance$8,230
Explanation:
Preparation of basic cash budget for the month of January.
Wildhorse Co CASH BUDGET for the month of January
Beginning cash balance$11,890
Add: Cash receipts $59,320
Total cash available $71,210
($59,320+$11,890)
Less: Cash disbursements ($66,850)
Excess of available cash over cash disbursements $4,360
Financing needed $3,870
($8,230-$4,360)
Ending cash balance$8,230
Therefore the basic cash budget for the month of January will be $8,230
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Solution:
(a) Cash to be accounted for exceeds cash on hand by $52.78.
Cash to be accounted for is $7,146.30 .
That means cash on hand is short by $52.78.
Dr Cash $7,487.51
Dr Cash over and short $57.71
Cr Sales $7,545.22
(b) Cash on hand exceeds cash to be accounted for by $29.45.
That means you have a cash overage of $29.45
Dr Cash $7,590.10
Cr Sales $7,545.22
Cr Cash over and short $29.45
Answer:
Option A.
Includes partnering rather than competing with existing distributors
Explanation:
Through internet retailing, a business can partner with other distributors and enlist the products of the distributors on their website along side their products.They can charge a fee for each product sold via their platform, which can serve as additional revenue to the business, without much extra costs. This is because the platform is already available.
This is the business model that companies such as Amazon apply. They enlist products of other businesses on their online platform, sell them and make some profit for themselves.
This is what gives internet retailing a strong appeal.
Answer:
360
Explanation:
Kanban is a method that is used to mange workflow in order to assist in visualizing the work and maximize the efficiency of a workers as well as making the workers agile.
The formula for calculating the number of Kanban is given as follows:
Number of Kanban = (Dd × LT × (1 + SS)) ÷ QC .................. (1)
DD = Daily required production level = 250
LT = Lead Time (in minutes) = 30
SS = Safety Stock = 20% = 0.2
QC = Number of squidgets in a container = 25
Substituting the values above into equation (1), we have:
Number of Kanban = (250 × 30 × (1 + 0.2)) ÷ 25
= (250 × 30 × 1.2) ÷ 25
= 9,000 ÷ 25
= 360
Therefore, the number of kanbans to be circulated between Sandy's process and the previous operations is 360.
