Manegarial accounting

Bank loan officers would find which of the following budgets to be one of the most important in determining whether or not to give a company a loan? Cash budget Production budget Budgeted income statement Budgeted balance sheet Sales budget Gilbert Company purchased $40,000 of goods in uly and expects to purchase $60,000 of goods in August. Gilbert typically pays for 30% of purchases in the month of purchase and 70% in the following month. What are Gilbert Company's total expected cash disbursements for purchases in the month of August? $55,000 $46,000 $45,000 $60,000 $42,000 May Corporation has the following sales forecasts for the first three months of the current year: 75% of sales are collected in the month of the sale and remainder is collected in the following month. What is the cash balance at the end of January, assuming that cash is received only from customers and that $48,000 is paid out during January? $25, 400 $23, 800 $24, 600 $21,000 What is one common non-cash item on the overhead budget and selling and admin, budget? depreciation advertising expense property tax salary Arakaki Inc. is working on its cash budget for April. The budgeted beginning cash balance is $45,000. Budgeted cash receipts total $129,000 and budgeted cash disbursements total $124,000. The desired ending cash balance is $60,000. To attain its desired ending cash balance for April, the company needs to borrow. 42,000 40,000 10,000 60,000