Booth has $12,500 in cash on hand on January 1 and has collected the following budget data: January Februar y Sales $ 529,000 $ 568,000 Cash receipts from customers 443,000 502,200 Cash payments for direct materials purchases 180,624 160,284 Direct labor costs 135,010 113,348 Manufacturing overhead costs (includes depreciation of $900 per month) 55,058 53,922 Assume direct labor costs and manufacturing overhead costs are paid in the month incurred. Additionally, assume Booth has cash payments for selling and administrative expenses including salaries of $40,000 per month plus commissions that are 1% of sales, all paid in the month of sale. The company requires a minimum cash balance of $20,000. Prepare a cash budget for January and February. Round to the nearest dollar. Will Booth need to borrow cash by the end of February

What is the difference between a public and a private corporation?

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

What is the difference between career options in the law enforcement pathway and career options in the correction services pathway?