subject
Business, 18.11.2019 21:31 Likat1006

clyde, inc. has a cash balance of $ 20 comma 000$20,000 on april 1. the company is now preparing the cash budget for the second quarter. budgeted cash collections and payments are as follows: apr may jun cash collections $ 20 comma 000$20,000 $ 25 comma 000$25,000 $ 25 comma 000$25,000 cash payments: purchases of direct materials 5 comma 8005,800 5 comma 0005,000 4 comma 0004,000 operating expenses 5 comma 3005,300 5 comma 0005,000 4 comma 6004,600 there are no budgeted capital expenditures or financing transactions during the quarter. based on the above data, calculate the projected cash balance at the end of april. $41,000 $35,000 $45,000 $25,000

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:20
What are the general categories of capital budget scenarios? describe the overall decision-making context for each.
Answers: 3
question
Business, 22.06.2019 05:30
From a business perspective, an information system provides a solution to a problem or challenge facing a firm and represents a combination of management, organization, and technology elements. the organization's hierarchy, functional specialties, business processes, culture, and political interest groups are components of which element of information systems?
Answers: 1
question
Business, 22.06.2019 09:30
Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
Answers: 3
question
Business, 22.06.2019 14:20
For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
Answers: 3
You know the right answer?
clyde, inc. has a cash balance of $ 20 comma 000$20,000 on april 1. the company is now preparing the...
Questions