Business, 26.02.2020 05:54 loganhowington26
Cement Works has a beginning cash balance for the quarter of $1,211. The company requires a minimum cash balance of $1,200 and uses a loan account to maintain that balance. If funds have been borrowed, then they are repaid as soon as excess funds are available. Currently, the outstanding loan balance is $1,318. How much will be borrowed or repaid this quarter if the quarterly receipts are $4,209 and the quarterly disbursements are $3,807.
a. Borrow $416
b. Borrow $402
c. Borrow $413
d. Repay $413
e. Repay $402
Answers: 2
Business, 22.06.2019 09:50
Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000
Answers: 1
Business, 22.06.2019 19:10
After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.
Answers: 2
Business, 23.06.2019 00:30
5. if you were to take a typical payday loan for $150, with an interest rate of 24.5% due in full after two weeks, what is the total amount you would have to repay? a. $186.75 b. $174.50 c. $157.33 d. $153.67
Answers: 1
Cement Works has a beginning cash balance for the quarter of $1,211. The company requires a minimum...
Mathematics, 20.05.2021 07:00
Social Studies, 20.05.2021 07:00
Mathematics, 20.05.2021 07:00
Medicine, 20.05.2021 07:00
History, 20.05.2021 07:00
Chemistry, 20.05.2021 07:10
History, 20.05.2021 07:10
Mathematics, 20.05.2021 07:10
English, 20.05.2021 07:10