Letestu company has a beginning cash balance on january 1, 2011 of $10,000. cash collected in january is $100,000 and sales revenue in january is $108,000. expected disbursements for january for inventory purchases are $45,000 and for selling and administrative expenses are $62,000. additionally, a dividend payment of $5,000 will be made in january. letestu maintains a minimum cash balance of $5,000. how much cash will letestu need to borrow in january in order to meet the minimum balance requirement?
Answers: 1
Business, 21.06.2019 16:00, Damagingawsomeness2
When earning simple interest on money you invest, which statement is true? a. as time goes on and your bank account grows, you earn more interest. b. as time goes on and your bank account grows, you earn less interest. c. as time goes on and your bank account grows, you earn the same amount of interest. d. as time goes on and your bank account grows, you stop earning interest.
Answers: 2
Business, 21.06.2019 20:50, josephvcarter
Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?
Answers: 2
Business, 22.06.2019 17:30, chilanka
Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding
Answers: 2
Letestu company has a beginning cash balance on january 1, 2011 of $10,000. cash collected in januar...
Mathematics, 23.06.2020 23:01
Mathematics, 23.06.2020 23:01
Mathematics, 23.06.2020 23:01
Mathematics, 23.06.2020 23:01