The fourth option is $16,600 needed, below $12,400 available. The following information is drawn from Royal Industries' cash budget:Cash Receipts$40,300Beginning Cash BalanceCash Payments$13,000$48,900Desired Ending Cash Cushion$ 8,000If there is a cash shortage, the company borrows money. If a surplus occurs funds are used to repay loans or to invest in short-term ashad no debt before January 1st. The amounted "needed" to borrow or the amount "available" for repayment of debt in January wouldMultiple Choice$4,400 available.$3,600 needed.$12,400 available.

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Answered: he following information is drawn from…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A particular university was considering whether to offer a seminar for executives. The tuition would be USD 650 per person. Variable costs, including meals, parking, and materials, would be USD 80 per person. Certain costs of offering the seminar, including advertising, instructors' fees, room rent, and audiovisual equipment rent, would not be affected by the number of people attending. Such costs, which could be thought of as fixed costs, amounted to USD 8,000 for the seminar. Given this information, if the school wanted at least to break even on this program? how many students should they expect to attend? 20 15 14 none of these
D4)
None
Compare the cost of the following lesing agreement with the finance charge on a loan for the same time period. The price of the car is $14,000, and its projected residual value at the end of four years is $3,000. Monthly payment $250 Capital cost reduction $1,000 Disposition charge $200 Other things being equal, one would want to finance this car rather than take this lease if the finance cost were less than Select one: a. $2,200 b. $2,000 c. $1,550 d. $1,450
Ef 61.
Kate figures that based on her target ROS she will have to sell 20, 500 units of PickleKeeper, a storage unit for cucumbers. Kate sells the product direct to consumers for $0.59 and spends $ 0.29 per unit to manufacture and sell it. With fixed costs of $5,000, her target ROS % must be around 9.5%. (Round your answer to the nearest 50 units when choosing an option from below). Question 1 options: True False
Based on ΔIRR and the information below, if the MARR is 20% and n = 5 years, Alternative ________should be selected. It's individual IRR is_______. Alternative_______has the lowest individual IRR at_______. Alternative w: Initial Cost, $2000; Annual Benefit, $700 Alternative x: Initial Cost, $1000; Annual Benefit, $330 Alternative y: Initial Cost, $2410; Annual Benefit, $840 Alternative z: Initial Cost, $3000; Annual Benefit, $1000
The average deferral limit for Jackson St.'s NHCE group is 2.87%. What is the maximum that their HCEs can contribute to the plan? Select one: 4.87% 5.74% 3.59% 4.12%
Management of Sandhill Mints, a confectioner, is considering purchasing a new jelly bean-making machine at a cost of $312,500. They project that the cash flows from this investment will be $113,000 for the next seven years. If the appropriate discount rate is 14 percent, what is the NPV for the project? (Enter negative amounts using negative sign, e.g. -45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.) NPV=
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4. A Taxi company is considering the following 4 cars for their limo service. All alternatives need to be replaced after 6 years. Consider a MARR of 9%. Cost Yearly Benefit Alternative 1 $65,000 $16,300 Alternative 2 $55,000 $15,100 Alternative 3 $25,000 $5.200 Alternative 4 $80,000 $21,300 Determine the following the best alternative based on the following analyses: a) Discounted payback period b) Future worth c) Benefit-Cost ratio

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