Cash budgetlong dashBasic Grenoble Enterprises had sales of $ 49 comma 800 in March and $ 60 comma 100 in April. Forecast sales for May, June, and July are $ 69 comma 600, $ 80 comma 500, and $ 99 comma 500, respectively. The firm has a cash balance of $ 4 comma 800 on May 1 and wishes to maintain a minimum cash balance of $ 4 comma 800. Given the following data, prepare and interpret a cash budget for the months of May, June, and July. (1) The firm makes 18 % of sales for cash, 60 % are collected in the next month, and the remaining 22 % are collected in the second month following sale. (2) The firm receives other income of $ 2 comma 000 per month. (3) The firm's actual or expected purchases, all made for cash, are $ 50 comma 500, $ 69 comma 800, and $ 79 comma 800 for the months of May through July, respectively. (4) Rent is $ 2 comma 500 per month. (5) Wages and salaries are 8 % of the previous month's sales. (6) Cash dividends of $ 2 comma 800 will be paid in June. (7) Payment of principal and interest of $ 4 comma 500 is due in June. (8) A cash purchase of equipment costing $ 6 comma 000 is scheduled in July. (9) Taxes of $ 5 comma 900 are due in June.

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?