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The following information was reported in a cash budget: Beginning cash balance $280, 000 Cash payments 510, 000 Cash receipts 370, 000 Minimum cash balance
The following information was reported in a cash budget: Beginning cash balance $280, 000 Cash payments 510, 000 Cash receipts 370, 000 Minimum cash balance desired 200, 000 How much cash will the company have to borrow in order to meet its required needs? O a. $60,000 O b. $80,000 O c. $0 O d. $140.000IMACC Corporation has the following sales budget for the last half of 2022: July $ 100,000 October $ 90,000 August 80,000 November 100,000 September 110,000 December 94,000 Historically, the cash collection of sales has been as follows: 65 percent of sales collected in month of sale 25 percent of sales collected in month following sale 8 percent of sales collected in second month following sale 2 percent of sales are uncollectible. What are the expected total cash collections in October 2022? O a. $88.200 O b. $58.500 O c. $99.500 O.d. $92.400 are to seaHBR Company, which makes exercise equipment, has the following information: Income tax rate 30% Selling price per unit $5.00 Variable cost per unit $3.00 Total fixed costs $90,000 How many units must be sold to obtain a targeted after-tax income of $14,000? O a. . 55,000 units O b. 52,000 units O c. 45,000 units O d. 60.000 unitsWorldCup 2022 offers two seat options for patrons at the Qatar stadiums and the following per unit information is obtained for each of these seat options: Seat A Seat B Selling price $240 $90 Variable costs per unit $135 $45 Sales mix 3 2 If the total fixed cost is $81,000, what is the breakeven in units? O a. 600 units Seat A; 400 units Seat B O b. 3,000 units Seat A: 2,000 units Seat B O c. 1,000 units Seat A: 1,000 units Seat B O d. 772 units Seat A: 1.800 units Seat B
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