Reference no: EM133063257
Question - Lisa's Loaves has provided the following estimates relating to the first quarter of the financial year, the quarter beginning 1 July 2021 and ending 30 September 2021:
Cash Sales $93,750
Credit Sales $62,500
Receipts from Debtors $75,000
Wages paid $68,750
Rent paid $25,000
Utilities paid $11,250
Administration paid $18,750
Depreciation of machinery $6,250
Receipt of Loan $43,750
Credit Purchases $81,250
Payment to Creditors $87,500
The cash balance at 1 July 2021 is expected to be $15,400.
Prepare a Cash Budget for the quarter ending 30 September 2021.
Based on your Cash Budget, comment on whether the business can afford to purchase a new delivery vehicle for $20,000 during this quarter.
|
Determine the equilibrium price and quantity
: Suppose the market demand and supply functions are QDS AB3Use graphs to support your answer C = 35,500 - 260P and Q = 80P + 10,680.
|
|
Address the deviation and the effect of each option
: Calculate TCPI and provide your commentary based on TCPI value - Summarise the impact of the costs on the project tasks and explain if there is a need
|
|
General legal and regulatory requirements
: Compare and contrast important market considerations for your selected market against those in the domestic market. Explain the similarities, differences, and c
|
|
Money supply multiplier
: Explain why (just mathematically)k if people hold relatively more cash-that is, the currency ratio increases-the money supply multiplier gets smaller.
|
|
Prepare a Cash Budget for the quarter ending September
: The cash balance at 1 July 2021 is expected to be $15,400. Prepare a Cash Budget for the quarter ending 30 September 2021
|
|
Migration between the two places in a graph
: According to the Tiebout model, does Location A or Location B have the net fiscal benefit? Why?
|
|
What can be done to reduce poverty in the us
: What can be done to reduce poverty in the U.S.? Provide examples and references
|
|
Find the equilibrium price
: Suppose the market demand for a good consists of two consumers, 1 and 2, where their respective individual demands are given by: Di (p) = max[200 - 4p,0] and D2
|
|
What is the fair value of the common stock of ABC
: Assume that Salsa Corp. acquires James Corp. in a business combination. What is the fair value of the common stock of ABC
|