Business, 22.07.2019 23:30 fonzocoronado3478
Foyert corp. requires a minimum $6,800 cash balance. if necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly). any excess cash is used to repay loans at month-end. the cash balance on october 1 is $6,800 and the company has an outstanding loan of $2,800. forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow.
october november december
cash receipts $22,800 $16,800 $20,800
cash payments 25,200 15, 800 15,200
prepare a cash budget for october, november, and december.
Answers: 2
Business, 22.06.2019 01:50
Which value describes the desire to be oneβs own boss? a. autonomy b. status c. security d. entrepreneurship
Answers: 2
Business, 22.06.2019 03:30
When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations
Answers: 2
Business, 22.06.2019 07:10
mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.
Answers: 1
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
Foyert corp. requires a minimum $6,800 cash balance. if necessary, loans are taken to meet this requ...
Computers and Technology, 06.03.2020 18:18
Mathematics, 06.03.2020 18:18
Biology, 06.03.2020 18:19
Mathematics, 06.03.2020 18:19
Mathematics, 06.03.2020 18:19
Geography, 06.03.2020 18:19
History, 06.03.2020 18:19
Mathematics, 06.03.2020 18:20
English, 06.03.2020 18:20