subject
Business, 21.12.2019 05:31 reecedstceklein

Young co. has budgeted its activity for december according to the following information: 1. sales at $600,000, all for cash. 2. budgeted depreciation for december is $15,000. 4. the cash balance at december 1 was $15,000. 5. selling and administrative expenses are budgeted at $60,000 for december and are paid for in cash. 6. the planned merchandise inventory on december 31 and december 1 is $18,000. 7. the invoice cost for merchandise purchases represents 75% of the sales price. all purchases are paid in cash. how much are the budgeted cash disbursements for december?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
Alandowner entered into a written agreement with a real estate broker whereby the broker would receive a commission of 10% of the sale price if he procured a "ready, willing, and able buyer" for the landowner's property and if the sale actually proceeded through closing. the broker found a buyer who agreed in writing to buy the property from the landowner for $100,000, the landowner's asking price. the buyer put up $6,000 as a down payment. the agreement between the landowner and the buyer contained a liquidated damages clause providing that, if the buyer defaulted by failing to tender the balance due of $94,000 at the closing date, damages would be 10% of the purchase price. the landowner included that clause because she was counting on using the proceeds of the sale for a business venture that would likely net her at least $10,000. the buyer became seriously ill and defaulted. when he recovered, he demanded that the landowner return his $6,000, and the landowner refused. the broker also demanded the $6,000 from the landowner and was refused. the broker and the buyer filed separate suits against the landowner, with the buyer pleading impossibility of performance. the two cases are consolidated into a single case. how should the court rule as to the disposition of the $6,000?
Answers: 3
question
Business, 22.06.2019 09:00
Aminor has the legal right to repudiate
Answers: 2
question
Business, 22.06.2019 11:00
Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?
Answers: 1
question
Business, 22.06.2019 11:30
4.     chef a says that broth should be brought to a boil. chef b says that broth should be kept at an even, gentle simmer. which chef is correct? a. neither chef is correct. b. chef a is correct. c. both chefs are correct. d. chef b is correct. student c   incorrect which is right answer
Answers: 2
You know the right answer?
Young co. has budgeted its activity for december according to the following information: 1. sales a...
Questions
question
Mathematics, 10.10.2019 21:50