Business, 13.12.2019 20:31 amandasantiago2001
Rogers corporation is preparing its cash budget for july. the budgeted beginning cash balance is $25,000. budgeted cash receipts total $141,000 and budgeted cash disbursements total $139,000. the desired ending cash balance is $30,000. the excess (deficiency) of cash available over disbursements for july is: $23,000 $2,000 $166,000 $27,000
Answers: 3
Business, 22.06.2019 08:30
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 3
Business, 22.06.2019 15:20
Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.
Answers: 1
Business, 22.06.2019 20:30
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.
Answers: 3
Business, 23.06.2019 00:30
Dr. hughes enjoys offering to employees who perform over and above the call of duty
Answers: 1
Rogers corporation is preparing its cash budget for july. the budgeted beginning cash balance is $25...
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