Business, 08.07.2019 19:20 santos36755
Webster corporation is preparing its cash budget for april. the march 31 cash balance is $36,400. cashreceipts are expected to be $641,000 and cash payments for purchases are expected to be $608,500.other cash expenses expected are $27,000 selling and $33,500 general and administrative. the companydesires a minimum cash balance at the end of each month of $30,000. if necessary, the companyborrows enough cash to meet the minimum using a short-term note. the amount webster must borrowduring april is: a) $0.b) $21,600.c) $8,400.d) $98,900.e) $58,000.
Answers: 3
Business, 22.06.2019 07:30, 2016gbryant
Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.
Answers: 2
Business, 22.06.2019 08:00, champ1135
Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done
Answers: 1
Business, 22.06.2019 18:30, spazzinchicago
Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness
Answers: 2
Webster corporation is preparing its cash budget for april. the march 31 cash balance is $36,400. ca...
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