Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
a. Beginning cash balance on June 1, $95,700.
b. Cash receipts from sales, $421,500.
c. Budgeted cash disbursements for purchases, $276,500.
d. Budgeted cash disbursements for salaries, $96,700.
e. Other budgeted cash expenses, $58,700.
f. Cash repayment of bank loan, $33,700.
g. Budgeted depreciation expense, $35,700.

As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm.b. implicit costs.c. operating costs.d. fixed costs.

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?

Which investment has the liquidity and can be converted into cash easily?