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PLASE ANSWERAR ALL QUESDTIONS NO NEED FOR STEPS Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest
PLASE ANSWERAR ALL QUESDTIONS NO NEED FOR STEPS
Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest dollar Round your answer to the nearest dollar which they are incurred. a) Calculate the total cash disbursement for the month of June. General Administration costs from May $ General Administration costs from June $ Capital Expenditure 9 Total cash disbursement for June $ b) Calculate the total cash disbursement for the month of July. General Administration costs From June ? General Administration costs From July $ Capital Expenditure from June: Capital Expenditure from July Total cash disbursement for July Take me to the text Hype Sports Inc. is a retailer of clothing and sports equipment. The following is Hype Sports' sales forecast by quarter for the upcoming year. credit sales). Assume the following historical trends were noted by management regarding credit sales: - 48% of credit customers pay during the quarter in which the sale took place - 31% of credit customers pay in the quarter immediately following the quarter of sale - 14% of credit customers pay in the second quarter following the quarter of sale - The remaining 7% of credit sales are uncollectible Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. a) Calculate the forecasted sales for each quarter (separate revenue into cash and credit sales). b) Prepare the cash receipts section of the 2021 cash budget (on a quarterly basis) Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. a) Calculate the net cash flow for each quarter. b) Calculate the ending cash balance for each quarter. The following is Alpha Hardware Corporation's income statement for the year ended May 31,2019: Salaries are comprised of $70,000 in manager's salaries and $30,000 in office employees' salaries predicted changes from the 2019 income statement: - Revenues will increase by 1.5% - Gross profit will increase by 5% - Selling costs will decrease by 5% - Managers' salaries will increase by 10% - Administrative costs, office employees' salaries, and rent expense will remain the same Do not enter dollar signs or commas in the input boxes. Prepare the budgeted income statement for the year ending May 31, 2020 using the incremental budgeting approach. indicates the amount of direct labor hours required for each type of shoe: Calculate the budgeted direct labor cost. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal placesStep by Step Solution
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