Examlex

Solved

Use the Following Information to Determine the Ending Cash Balance

question 151

Multiple Choice

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, $94,000.
B. Cash receipts from sales, $413,000.
C. Budgeted cash disbursements for purchases, $268,000.
D. Budgeted cash disbursements for salaries, $95,000.
E. Other budgeted expenses, $57,000.
F. Cash repayment of bank loan, $32,000.
G. Budgeted depreciation expense, $34,000.

Analyze racial profiling in Canada from various sociological perspectives.
Evaluate different theoretical approaches to crime or law using current news stories.
Compare and contrast classical criminology, biological, and sociological approaches to understanding crime.
Discuss the foundations and criticisms of classical criminology.

Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, typically characterized by a reduction in average cost per unit when production is increased.

Externalities

Costs or benefits that result from an economic activity and affect third parties who did not choose to incur that cost or benefit.

Diseconomies of Scale

The phenomenon where, as a firm scales up its production, the per unit cost starts to increase, typically due to inefficiencies.

Related Questions