1. The preparation of the schedule of expected cash collections for July, August, and September for Beech Corporation is as follows:
Cash Collections:July August September
Estimated sales $210,000 $230,000 $220,000
Cash collection:
35% sales month $178,500 $80,500 $77,000
65% month following 140,000 136,500 149,500
Total cash collections $318,500 $217,000 $226,500
2. The preparation of a schedule of merchandise purchases for July, August, and September for Beech Corporation is as follows:
Merchandise Purchases:July August September
Estimated sales $210,000 $230,000 $220,000
Cost of goods sold $126,000 $138,000 $132,000
Ending inventory $69,000 $66,000 $72,000
Goods available $195,000 $204,000 $204,000
Beginning inventory 60,500 69,000 66,000
Purchases $134,500 $135,000 $138,000
The total merchandise purchases for the quarter ended September 30 is $407,500 ($134,500 + $135,000 + $138,000).
2-b. The preparation of a schedule of expected cash disbursements for merchandise purchases for July, August, and September for Beech Corporation is as follows:
Cash Disbursements:July August September
Purchases $134,500 $135,000 $138,000
Cash payment for purchases:
40% month of purchase $53,800 $54,000 $55,300
60% month following 88,000 $80,700 81,000
Total cash payment $141,800 $134,700 $136,300
3. The preparation of an income statement showing the net operating income for the quarter for Beech Corporation is as follows:
Beech's Corporation
Income Statement:July August September Total
Estimated sales $210,000 $230,000 $220,000 $660,000
Cost of goods sold $126,000 $138,000 $132,000 396,000
Gross profit $84,000 $92,000 $88,000 $264,000
Expenses:
Selling and admin. $60,000 $60,000 $60,000 $180,000
Net income $24,000 $32,000 $28,000 $84,000
Data and Calculations:Sales Budget and Cash Collections
July August September October
Estimated sales $210,000 $230,000 $220,000 $240,000
Cash collection:
35% sales month $178,500 $80,500 $77,000 $84,000
65% month following 140,000 136,500 149,500 143,000
Total cash collections $318,500 $217,000 $226,500 $227,000
July August September October
Estimated sales $210,000 $230,000 $220,000 $240,000
Cost of goods sold $126,000 $138,000 $132,000 $144,000
Ending inventory $69,000 $66,000 $72,000
Goods available $195,000 $204,000 $204,000
Beginning inventory 60,500 69,000 66,000
Purchases $134,500 $135,000 $138,000
Cash payment for purchases:
40% month of purchase $53,800 $54,000 $55,300
60% month following 88,000 $80,700 81,000
Total cash payment $141,800 $134,700 $136,300
Beech Corporation
Balance Sheet at June 30:Assets:
Cash $75,000
Accounts receivable 140,000 143,000
Inventory 60,500
Plant and Equipment 227,000
Total assets $508,500
Liabilities:
Accounts Payable $88,000 $82,700
Common Stock 311,000
Retained Earnings 109,500
Total liabilities & equity $508,500
Thus, the net operating income for the quarter ended September 30 for Beech Corporation is $84,000.
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An investor purchased a property for $350,000. The investor paid a $150,000 down payment and obtained a $200,000 mortgage. The gross income of the property is $67,000. The expenses are $25,000 and the debt service is $25,000. What is the equity dividend rate?
What’s the rate and how to find it
Answer:2.68
Explanation:
divide the income into the expenses
Once the information is complete and conclusions are made, then management can make more confident business decisions. This is part of this step of market research?
present the findings
make the decision
develop the research plan
collect the information
The act of making the decision is the part of this step of market research that makes management more confident business decisions.
What is market research?This refers to the activity of gathering market information about consumers' needs and preferences.
Some steps of a market research includes:
present the findingsmake the decisiondevelop the research plancollect the informationRead more about market research
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On the daily run of an express bus, the average number of passengers is 48. The standard deviation is 3. Assume the variable is normally distributed. Find the probability that the bus will have; a. Between 36 and 40 passengers. b. Fewer than 42 passengers. c. More than 48 passengers. d. Between 43 and 47 passengers.
Answer:
interview a business owner address unemployment as a socio economic issues
Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $500 from corporate bonds. Marc contributed $2,500 to an individual retirement account, and Marc paid alimony to a prior spouse in the amount of $1,500 (under a divorce decree effective June 1, 2005). Marc and Michelle have a 10-year-old son, Matthew, who lived with them throughout the entire year. Thus, Marc and Michelle are allowed to claim a $2,000 child tax credit for Matthew. Marc and Michelle paid $6,000 of expenditures that qualify as itemized deductions and they had a total of $3,500 in federal income taxes withheld from their paychecks during the year. (Use the tax rate schedules.) Download the Tax Form and enter the required values in the appropriate fields. Complete pages 1 and 2 of Form 1040 for Marc and Michelle. (use the most recent form available).
The gross income of Marc and Michelle based on the information will be $76500.
How to calculate the gross income?The gross income will be calculated by using the formula:
= Income from salary + Interest on bonds - Excluded income
= ($64000 + $12000) + ($350 + $500) - $350
= $76000 + $850 - $350
= $76500
Therefore, the gross income is $76500
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_____ help a business keep track of its target market.
A. Target markets
B. Market shares
C. Market research
D. Customer profiles
Answer:
I would say A.
Explanation:
By defining your target customers you can: better determine if there are enough potential customers for your business.
( I hope this helps ^^)
Answer:
d. customer profiles
Explanation:
just took the quiz on edge
_____ is a key indicator to how profitable a business is currently or may be in the future.
A. Market penetration
B. Market share
C. Market research
D. Market positioning
Answer:
Market share
Explanation:
...
Rita Rodriquez obtained a 24 month
Answer:
True
Explanation:
snce rita times 4 to the power of rodriquez is 24 then this is proven to be true
Which of the following usually provide the investor with the most interest? Checking Account Savings Account Money Market Savings Account Certificate of Deposit
Answer:
Certificate of deposit, or CD: usually has the highest interest rate among savings accounts but the most limited access to funds.
Select the correct answer. Anna claims to be a bank employee. She sends emails with exciting offers to the bank's customers and asks for their bank account details. Which technique is Anna using to steal information? Ο.Α. stalking B. keylogging O C. hacking O D. dumpster diving E. phishing
Answer:
I think its phishing but I'm not 100% sure
Explanation:
answer E
Phishing
Anna claims to be a bank employee & sends emails with exciting offers to the bank's customers and asks for their bank account details. The technique is Anna using to steal information is phishing. The correct option is (E).
What is phishing?
Phishing is a type of social engineering in which attackers trick victims into disclosing personal information or downloading malicious software, such ransomware.
A form of cybersecurity assault known as phishing involves hostile actors sending messages while posing as a reliable individual or organization.
In reality, over 25% of all data breaches involve phishing, and 85% of data breaches have a human component, according to Verizon's 2021 DBIR.
A phishing attack's main objective is typically to obtain sensitive information from its victims, such as logins and passwords, in order to gain access to the network or business that is being targeted.
Therefore, Anna claims to be a bank employee & sends emails with exciting offers to the bank's customers and asks for their bank account details. The technique is Anna using to steal information is phishing.
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What are the importance of resources forecasting.
Public relations are external communications aimed outside the business or organization.
Group of answer choices
True
False
Receiving a payment from a debtor on account would affect the Accounts Receivable with a __________ entry.
A. Debit
B. Credit
Answer:
Credit.
Explanation:
Describe the mechanism of impact of monetary policy on aggregate demand of the economy through interest rates?
Answer:
Higher monetary policy rate increases interest rate in the banking system which increases the cost of borrowing and reduces aggregate demand.
Explanation:
An increase in the monetary policy rate (mpr) will lead to an increase in the interest rates in the banking system. This increases the cost of borrowing which reduces aggregate demand. However, if the central bank reduces mpr, interest rates in the banking system reduces which leads to the fall in the cost of borrowing which increases aggregate demand.
what does the transfer feature in qbo do
The transfer feature signifies that you may move the money from one bank or credit card account to another. This is further explained below.
What is the transfer?Generally, a transfer is simply defined as Moving something or someone to a new location, group or organization is a common definition of this verb.
In conclusion, You may transfer money from one bank or credit card account to another using the transfer option.
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Lena is currently involved in the consumer decision-making process and is looking at
price, quality, and the user reviews. What step is Lena most likely on?
identifying problem
O comparison
product selection
evaluation
Answer:
je suis desole Mai's JE NE comprends pas que la question est??
Identify the tasks performed by workers in a Production career. Choose all that apply. cleaning and maintaining equipment and tools managing budgets and costs feeding materials into machines, and removing materials from machines researching and comparing prices of products and services checking and testing products or parts designing and enforcing safety procedures to the environment
Answer:
The task that is performed by the worker in the production department is cleaning and maintaining equipment and tools, feeding material into machines, removing materials from machines and checking and testing products or parts.
What is the production career?
Production personnel, in particular, are in charge of creating the final products. The labor of the production uses different types of equipment and parts of the machinery to allocate them in a systematic way. Others may work on a conveyor belt line, where each employee is responsible for their duty.
Thus, maintaining equipment, feeding materials to machinery and testing and checking parts are the right option
Explanation:
why do we need the system of national accounts?
Answer:
It is a statistical framework that provides a comprehensive, consistent and flexible set of macroeconomic accounts for policy making, analysis and research purposes.
Business Study assignment grade 10
55 points easy…………,…
Answer:
letter A
Explanation:
I HOPE IT'S HELP YOU
Is the balance of payments deficit always bad and surplus always good?
Answer:
The truth is, current account deficits are not always bad, and nor are current account surpluses always good. The difference between a country's national income (Y) and private plus government consumption (C+G) is national savings (S) (i.e., private and government savings).
Bolve, a company that essentially made leather bags and jackets, introduces men's cologne under its new category of skincare products. In this case, Bolve is engaged in _____.
a.
line extension
b.
market segmentation
c.
brand extension
d.
product bundling
A company engaged in producing leather bags and jackets introducing men's cologne is under the activity of brand extension.
What is brand extension?When a brand expands the scope of the types and categories of products, goods and/or services it sells, it is known as brand extension.
Hence, option C correctly describes that Bolve is engaged in brand extension.
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The name and title of the person you are writing to goes on the _____ line of the inside address.
A. first
B. second
C. last
D. none of the above
The recipient's address, also called the inside address, includes the name and address of the recipient of your letter in the first line, which is option A.
What is a business letter?A business letter is a formal document written with a proper format following the professional guidelines. It is often sent from one company to another or from a company to its clients, employees, and stakeholders.
Business letters are used for the professional correspondence between individuals.
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Visit any retail store in your community and request a 20 minutes appointment to interview the owner or manager so that you can collect relevant information State the name of the business and the year in which it was established
1.1 List and explain any THREE objectives this business is able to meet?
1.2 Use an appropriate example from this retail store and differentiate between total revenue average revenue and marginal revenue.
The three objectives in the retail store are:
Excellent Customer Service.Boast Brand Awareness.Create or form Brand Loyalty.What is average revenue?Average revenue is known to be the one that depicts how much revenue exist per unit of the output.
Marginal revenue is one that connote the increase or boast up that is found in total revenue as it is said to be increasing from one output unit.
Note therefore, that if the three objectives in the retail store are meant, the store will have a lot of customers.
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Differentiate between manufacturer and Cunsumer
Answer:
Explanation:
Industrial goods are bought and used for industrial and business use. They are made up of machinery, manufacturing plants, raw materials, and any other good or component used by industries or firms. Consumer goods are ready for the consumption and satisfaction of human wants, such as clothing or food.
Match the command(s) to the task it helps to complete.
remove text
Shift+Enter keys
paste text
Backspace and Delete keys
create a line break
Ctrl+V keys
create space for a new paragraph
Enter key
#Remove text
Usually backspace but delete alsoB
#paste text
Ctrl+V#Create a line break
Enter#create space for new paragraph
Shift+EnterRemove text: Backspace and Delete keys
Shift+Enter keys: create a line break
Paste text: Ctrl+V keys
Backspace and Delete keys: create space for a new paragraph
Create a line break: Shift+Enter keys
Ctrl+V keys: paste text
Create space for a new paragraph: Backspace and Delete keys
Enter key: create space for a new paragraph
What are commands?Commands are instructions for computers to perform tasks. Keyboard shortcuts are specific combinations of keys that trigger commands, enhancing task efficiency. For instance, Ctrl+C copies, Ctrl+V pastes, and Backspace/Delete keys remove text.
The Enter key commands new lines or paragraphs, while Shift+Enter creates line breaks. These shortcuts streamline interactions by avoiding menu navigation. Understanding commands and their associated shortcuts empowers users to navigate software more efficiently, saving time and effort.
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Call to actions are used in ads to...
a) Provide an easy and clear way for people who view the ad to take action and further interact
with the brand.
b) Help companies to define the goal of their ads.
c) Add extra text to an ad.
d) Make it complicated for social media users to take next steps to interact with a brand.
Call to actions are used in ads to provide an easy and clear way for people viewing the ad to take actions and further interact with the brand.
What is Call to Action?It is a marketing strategy that helps a company achieve its goals by encouraging the target audience to interact with the organization, which can be through the use of imperative words and encouraging access to a link.
Therefore, the call to action strategy helps to engage the consumer and encourage him to take an action that is favorable to the company.
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Chris is a project manager. He has just completed the project-execution phase. What tasks does he need to
complete during the next phase of the project? CHECK ALL THAT APPLY
Create a project schedule
Send out the project review report
Give the deliverable to the customer
Conduct a risk assessment
monitor and control the project
Build the deliverable
Back up important project documents
Conduct the project review
As a project manager, it is important for Chris to review the technicalities of the project and then building the deliverables in such a way that they can be given to the customer.
Who is a project manager?A project manager is a professional who is involved in completion of a project being assigned to him in the organization with the help of resources available at his end.
After the execution of a project has been completed, a review must be done for the project, after which important backups of the project must be made.
This shall be followed by project review report must be sent to the respective authorities. Finally, deliverables are to be built and given to the customer as per their requirements.
Hence, options B, C, F, G and H hold true regarding the next phases to be completed by Chris as a project manager.
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Unemployment that occurs when worker's skills do not match the jobs that are available.
a. seasonal unemployment
c. cyclical unemployment
b. structural unemployment
d. frictional unemployment
Answer:
b. structural unemployment
Unemployment that occurs when worker's skills do not match the jobs that are available is called structural unemployment. Thus, its B.
What is Unemployment?Unemployment refers to the condition of an individual who is able and willing to work, but is unable to find a job. Unemployment can have a range of negative impacts on individuals, families, and communities, including financial hardship, social isolation, and reduced quality of life.
Unemployment is typically measured and reported by national statistical agencies, using various measures of unemployment, such as the unemployment rate, labor force participation rate, and the number of individuals seeking employment.
Governments and policymakers often implement various policies and programs to address unemployment, such as job training and education programs, unemployment insurance, and economic stimulus measures.
These efforts aim to create jobs and reduce unemployment, which can help to improve the overall health and stability of the economy and society.
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Buying insurance and saving for the future is a hard choice for many people?
Answer:
Many people like to look at short-term rather than long-term when it comes to financing. Additionally, I would say the lack of financial literacy plays into why people don't choose to invest for the future. It really depends on the socioeconomic status a person is in because some may struggle to make ends meet and can't afford to invest for the future. I would definitely lean towards lack of financial literacy because you'd be surprised how people know more about irrelevant matters than crucial information necessary for decision making.
It would be less hard for me because of the resources around me that help me understand my options and how to manage my money. For people like my parents who lack these resources and knowledge, they are less inclined to invest because they don't know how investments work.
Explanation:
wrd
Answer:
Yeah that's your question given is truly real life in our daily life because if we don't buying or saving for the future it's important thing that we must learn.
You want to borrow $600,000 to buy an apartment, and you can only afford $4,000 a month to repay the loan. Suppose the bank charges you a fixed interest rate of 4% with monthly compounding. How long will it take you to pay off the loan
Based on the given information, it will take you 15 years to pay off the loan if you are able to afford $4,000 per month.
What is the interest rate?Interest rate refers to the amount charged by the bank when lending any money to the borrower. The borrower has to repay the loan amount based on this interest rate along with the principal amount.
To calculate the time for payment of the loan
Loan amount = Principal + (Interest x Time)
Principal = $600,000
Interest = 4%
Time =?
$600,000 = Principal + (4% x Time)
Time = 600,000/ (4600,000)
Time = 15 years
Therefore, it requires 15 years to pay the amount of the loan.
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