Business

Aubree

22 January, 07:32

During september, the capital expenditure budget indicates a $420,000 purchase of equipment. the ending september cash balance from operations is budgeted to be $60,000. the company wants to maintain a minimum cash balance of $30,000. what is the minimum cash loan that must be planned to be borrowed from the bank during september?

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “During september, the capital expenditure budget indicates a $420,000 purchase of equipment. the ending september cash balance from ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

For how long oil was collected from whales

Who of the following is not included in the Bureau of Labor Statistics' "employed" category? a. those who worked in their own business b. those who worked as unpaid workers in a family member's business c.

The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxes withheld, $7,650 Income taxes withheld, $18,000 Federal unemployment taxes, $450 State unemployment taxes, $2,100 The

As an application of the "number of days" lost measure of risk discussed in "Scientific View of Risk" consider the following 2015 statistic. Today's life expectancy is well into the 80s.

An asset was acquired on October 1, 2018, for $78,000 with an estimated 5-year life and $13,000 residual value. The company uses units-of-production depreciation and expects the asset to produce 20,000 units.

New Questions in Business

Five jobs are waiting to be processed. Their processing times and due dates are given below. Using the shortestprocessing time dispatching rule, in which order should the jobs be processed?

Acme Foods wants to make its chips saltier, but it doesn't want to spend more than it has to on salt. A sample of consumers are asked to compare its current chip (saltiness = 100) with saltier versions and to say whether the new version is saltier.

Which of the following comparisons best isolates the impact of a change in activity on performance?

If an investor anticipates an annual rental income from a leased property to be $400,000 dollars, this expected sum has a direct bearing on what the investor will pay for the property. This is an example of

In comparison to industry averages, Okra Corp. has a low inventory turnover, a high current ratio, and an average quick ratio. Which of the following would be the most reasonable inference about Okra Corp.? A. Its current liabilities are too low. B.