Business, 07.04.2020 19:27 kkeith121p6ujlt
Brewster Corporation expects the following cash receipts and disbursements during the first quarter of 2019 (receipts exclude new borrowings and disbursements exclude interest payments on borrowings since January 1, 2019):Cash receipts January February March
$260,000 $280,000 $250,000
Cash disbursements
240,000 320,000 260,000
The expected cash balance at January 1, 2019, is $42,000. Brewster wants to maintain a cash balance at the end of each month of at least $40,000. Short-term borrowings at 1% interest per month will be used to accomplish this, if necessary. Borrowings (in multiples of $1,000) will be made at the beginning of the month in which they are needed, with interest for that month paid at the end of the month. Prepare a cash budget for the quarter ended March 31, 2019.
Answers: 2
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Business, 22.06.2019 19:30
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Business, 22.06.2019 23:50
Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer
Answers: 1
Brewster Corporation expects the following cash receipts and disbursements during the first quarter...
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