Rosie O'Grady's spends $98,000 a week to pay bills and maintains a lower cash balance limit of $75,000. The standard deviation of the disbursements is $12,200. The applicable interest rate is 4.36 percent and the fixed cost of transferring funds is $38. What is the total cost of holding cash based on the BAT model?
a.$4,432
b.$3,862
c.$2,054
d.$4,911
e.$4,109
Answers: 3
Business, 21.06.2019 23:30
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
Business, 22.06.2019 05:20
Social computing forces companies to deal with customers as opposed to
Answers: 2
Business, 23.06.2019 13:00
Regarding the flow of costs through the inventory accounts, which of the following statements is incorrect? a. the costs flow from raw materials inventory to work-in-process inventory to finished goods inventory. b. the format for computing the amount used, manufactured, or sold is the same for all three inventory accounts. c. the final amount at each stage is added at the beginning of the next stage. d. purchases of raw material and freight in are debited to the work-in-process inventory account.
Answers: 1
Rosie O'Grady's spends $98,000 a week to pay bills and maintains a lower cash balance limit of $75,0...
Advanced Placement (AP), 28.08.2019 20:10
Computers and Technology, 28.08.2019 20:10
Computers and Technology, 28.08.2019 20:10