Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi

Response:

$54,600

Details:

Cash Budget for Q3

                                                July              Aug                  Sep

Income:

Cash Inflows                    $25,000      $22,000          $20,000

Aggregate Income                $25,000      $22,000          $20,000

Outflows:

Inventory Acquisitions       $5,800       $7,000               $6,200

Operating Costs               $3,500       $4,600               $5,300

Total Outflows                  $9,300       $11,600              $11,500

Net Income                       $15,700      $10,400              $8,500

Carryover Balance               $20,000      $35,700            $46,100

Ending Balance                    $35,700      $46,100            $54,600

Thus,

The expected cash balance at the conclusion of September amounts to $54,600

Respuesta:

$26,000

Explicación:

Las actividades operativas: Incluyen aquellas transacciones que afectan el capital de trabajo después del ingreso neto. Un aumento en los activos corrientes y una disminución en los pasivos corrientes se deducirían, mientras que una disminución en los activos corrientes y un aumento en los pasivos corrientes se sumarían.

Estos cambios en el capital de trabajo se ajustarían. Además, el gasto de depreciación se suma al ingreso neto

El cálculo de los flujos de efectivo de las operaciones se muestra a continuación:

Flujo de efectivo de actividades operativas

Ingreso neto $20,000

Ajustes realizados:

Agregar: Gasto de depreciación $7,000

Menos: Ganancia por venta de maquinaria - $3,000

Agregar: Pérdida por jubilación de notas $2,000

Flujo de efectivo neto de actividades operativas $26,000

Response:

Clarification:

A suitable reply from a Notary Signing Agent might be to provide the Borrower with the contact details of the Lender and recommend that he reach out to the Lender promptly before proceeding with the signing. This would help the borrower resolve any uncertainties or misunderstandings they may have, potentially encouraging them to complete the signing of all necessary documents.

Answer:

c. $180 in 2019

Explanation:

The entity employs the accrual accounting method, where revenues are documented on the income statement once earned, regardless of the actual receipt of cash.

On July 1, 2017, the organization sold one-year and two-year memberships. In 2017, The Maroon & Orange Gym, Inc. delivered services for half a year for each contract.

Gross income from one-year membership in 2017 = $40 x 6 = $240

Gross income from two-year membership in 2017 = $30 x 6 = $180

Overall revenue = $240 + $180 = $420

In 2018, the company continued providing services for the remaining 6 months of the one-year membership and the entire 12 months of the two-year membership.

Gross income for the one-year membership in 2018 = $40 x 6 = $240

Gross income from two-year membership in 2018 = $30 x 12= $360

Total income = $240 + $360 = $600

In 2019, the company wrapped up services for the last 6 months of the two-year membership.

Gross income in 2019 = $30 x 6= $180