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thank you so much Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $20,000 Budgeted cash receipts total
thank you so much Ari, Inc. is working on its cash budget for December. The budgeted beginning cash balance is $20,000 Budgeted cash receipts total $133,000 and budgeted cash disbursements total $132,000. The desired ending cash balance is $52,000. To attain its deswed ending cash balance for December, the company needs to borrow. Any borrowing is in multiples of $1,000 and interest is paid in the month following the borrowing. To attain its desired ending cash balance for December, the company needs to borrow Multiple Choice $31,000 O $31,000. O $0. O $73,000. O $52,000. Merriweather Corporation is a manufacturer of tables sold to schools, restaurants, hotels, and other institutions. The table tops are manufactured by Merriweather, but the table legs are purchased from an outside supplier The Assembly Department takes a manufactured table top and attaches the four purchased table legs. It takes 25 minutes of labor to assemble a table. The company follows a policy of producing enough tables to ensure that 40% of next month's sales are in the finished goods inventory Merriweather also purchases sufficient raw materials (legs) to ensure that raw materials (egs) inventory is 60% of the following month's scheduled production needs. Merriweather's sales budget in units for the next quarter is as follows. (CMA adapted) July August September 3,900 4,100 3,700 Merriweather's ending inventories in units for June 30 are: 3,500 5,600 Finished goods Raw materials (legs) A The number of tables to be produced during August is: The number of tables to be produced during August is. Multiple Choice 0 2,296 tables. 0 3,940 tables. 0 2,336 tables. 3,500 tables
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