Business, 02.07.2019 22:10, linnialmira

Bantam industries has budgeted the following information for march: cash receipts $271,000beginning cash balance $5,000cash payments $280,000desired ending cash balance $25,000if there is a cash shortage, the company borrows money from the bank. all cash is borrowed at the beginning of the month in $1,000 increments. interest is paid monthly on the first day of the following month. the interest rate is 1% per month. the company had no debt before january 1st. the ending cash balance on january 31 would be

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 16:10, kennieharris726

You are at a holiday dinner with your family. your relative makes the argument that the u. s. economy is resurgent and has recovered from the great recession of 2007 – 2009. economic growth, as measured by gdp, has been increasing from one quarter to the next. you beg to differ. how would you structure your argument with your relative? hint: you should think about two things, the accuracy of gdp measures, and whether gdp should be considered a comprehensive measure of a countries well-being.

Answers: 3

continue

Business, 22.06.2019 23:20, fedora87

Assume a competitive firm faces a market price of $60, a cost curve of c = 0.003q^3 + 25q + 750, and a marginal cost of curve of: mc = 0.009q^2 + 25.the firm's profit maximizing output level (to the nearest tenth) is , and the profit (to the nearest penny) at this output level is $ will cause the market supply to (shift right/shift left). this will continue until the price is equal to the minimum average cost of $

Answers: 2

continue

Business, 23.06.2019 00:10, riley01weaver1

Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?

Answers: 3

continue

Business, 23.06.2019 08:00, dondre54

Ray gives his son, mason, three bowls. these bowls have the same capacity, but each one differs slightly in its shape and size. ray tells his son that one of the bowls can hold more liters of oil than the other two bowls. mason points out that all the bowls, though may appear different in size and shape, can store the same volume of oil. in this case, ray was most likely testing mason's concept of

Answers: 3

continue

Do you know the correct answer?

Bantam industries has budgeted the following information for march: cash receipts $271,000beginning...