Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

answer with details or by law Bries Corporation is preparing its cashb balance is $18,000. Budgeted cash recei get for January. The budgeted beginning cash

answer with details or by law
image text in transcribed
Bries Corporation is preparing its cashb balance is $18,000. Budgeted cash recei get for January. The budgeted beginning cash total $188,000. The desired ending cash pts total $183.000 and budgeted cash disbursements cash balance is $30,000. To attain its desired ending cash balance e for January, the company should borrow B) SO C) $30,000 D) $43,000 A) S17,000 8. The February contribution format income at income statement of Mcabier Corporation appears below: Sales $ 211,200 Variable expenses 96,000 Contribution margin 115,200 Fixed expenses 84,100 Net operating income 31,100 The degree of operating leverage is closest to: A) 0.27 B) 6.79 C) 3.70 D) 0.15 1. A segment of a business responsible for both revenues and expenses would be called: A. a cost center. B. an investment center. C. a profit center. D. residual income. 2. Assume that Cranberry was being evaluated solely on the basis of return on investment (ROD. Which of the following investment opportunities would Cranberry want to invest in? A) One that generated a return of 10. One that generated a return of Yes Yes No Yes No Yes B) D) A. Choice A B. Choice B C. Choice C D. Choice D

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Audit Anything The Pink Book Of Auditing Any Process

Authors: R. Alakbarov

1st Edition

1520195575, 978-1520195575

More Books

Students also viewed these Accounting questions

Question

Draw the shear and moment diagrams for thebeam. 1/2 AT

Answered: 1 week ago