What level of cash does every business need to operate? Group of answer choices A 30-day...
What level of cash does every business need to
operate?
Group of answer choices
A 30-day supply
An amount sufficient to pay accounts payable
A minimum amount that is sufficient to maintain the current operating cycle
At least $10,000
Homework Answers
| A minimum amount that is sufficient to maintain the current operating cycle |
| An Operating cycle is the time period within which a business expects to collects its receivables and pay its current obligations. |
| A company always needs to maintain minimum cash amount that is sufficient to maintain the current operating cycle. |
| Option C is correct |
Add Answer to:
What level of cash does every business need to
operate?
Group of answer choices
A 30-day...
What is the first amount listed in a cash budget? Group of answer choices Expected sales...
What is the first amount listed in a cash budget? Group of answer choices Expected sales Accounts receivable Cash on hand Accounts payable
Which of the following factors does not negatively impact operating cash flows? Group of answer choices...
Which of the following factors does not negatively impact operating cash flows? Group of answer choices Accounts receivable are increasing. Operating costs are increasing faster than sales Inventories are increasing.
1.)External users are those within an organization who use financial information to make day-to-day decision. Group...
1.)External users are those within an organization who use financial information to make day-to-day decision. Group of answer choices True False 2)The four basic financial statements are Income Statement, Statement of Owner's Equity, Balance Sheet and the Chart of Accounts. Group of answer choices True False 3)Generally Accepted Accounting Principles (GAAP) are accounting principles, assumptions, concepts (the rules) that guide the preparation and presentation of financial statements. Group of answer choices True False 4)In double-entry bookkeeping, at least four accounts...
Current assets include 1.Group of answer choices 2.inventory and accounts receivable. 3.accounts payable and cash. 4.cash...
Current assets include 1.Group of answer choices 2.inventory and accounts receivable. 3.accounts payable and cash. 4.cash and intangible assets. 5.inventory and accounts payable. 6.buildings and equipment.
Financial managers are interested in accelerating both cash inflows and cash disbursements. Group of answer choices...
Financial managers are interested in accelerating both cash inflows and cash disbursements. Group of answer choices True False Flag this Question Question 21 pts Which of the following types of accounts can be both a provider for precautionary and compensating balance requirement funds? Group of answer choices Indirect cost account Minimum demand deposit Maximum demand deposit Reimbursement account Flag this Question Question 31 pts Treasury bills are popular money market instruments even though they do not offer which of the...
Financial managers are interested in accelerating both cash inflows and cash disbursements. Group of answer choices...
Financial managers are interested in accelerating both cash inflows and cash disbursements. Group of answer choices True False Flag this Question Question 21 pts Which of the following types of accounts can be both a provider for precautionary and compensating balance requirement funds? Group of answer choices Indirect cost account Minimum demand deposit Maximum demand deposit Reimbursement account Flag this Question Question 31 pts Treasury bills are popular money market instruments even though they do not offer which of the...
Sylvia wants to lose 40 pounds. How many kcalories does this represent? Group of answer choices 105,000 85,000 140,000 3...
Sylvia wants to lose 40 pounds. How many kcalories does this represent? Group of answer choices 105,000 85,000 140,000 3500 Flag this Question Question 2 1 pts If Paul eats 350 kcals less every day, how many kcalories does he not consume each week? Group of answer choices 2450 4000 3500 2280 Flag this Question Question 3 day? Group of answer choices 3.5 pounds 1.4 pounds 2.8 pounds 4.2 pounds Move To... This element is a more accessible alternative to...
Choose any business you want and answer the following questions, What merchandise inventory does the business...
Choose any business you want and answer the following questions, What merchandise inventory does the business sell? From whom does the business buy its inventory? Is the relationship with the supplier new or longstanding? What are the FOB terms on inventory purchases? Who pays the freight: the buyer or the seller? Is freight a significant amount? What percentage of total inventory cost is the freight? What are the credit terms on inventory purchases: 2/10, n/30, or other? Does the business...
Based on your financial statements for Business Solutions answer the following questions: Complete the accounting equation...
Based on your financial statements for Business
Solutions answer the following questions:
Complete the accounting equation for Business Solutions
using the amounts in this format: $______ = $_______ +
$_____________
In discussing Business Solutions latest financial
statements, you as the manager say that it is the “the net income
results on the bottom line” that really count. What do you mean?
Which financial statement are you referring to? Are the results
reflected satisfactory? Explain your answers.
Does Business Solutions have...
I need help with 30-33 Use the following to answer questions 30 - 33 The following...
I need help with 30-33
Use the following to answer questions 30 - 33 The following account balances appear in the 20XC year-end POST-closing trial balance of BAC Corporation: Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Accounts Payable Notes Payable Common stock Retained earnings $50,000 30,000 300,000 600,000 200,000 35,000 250,000 300,000 30. $ Determine the total amount of debits that would be shown on the post-closing trial balance 31. $ Determine retained earnings that would be shown on the...
Based on your financial statements for Business
Solutions answer the following questions:
Complete the accounting equation for Business Solutions
using the amounts in this format: $______ = $_______ +
$_____________
In discussing Business Solutions latest financial
statements, you as the manager say that it is the “the net income
results on the bottom line” that really count. What do you mean?
Which financial statement are you referring to? Are the results
reflected satisfactory? Explain your answers.
Does Business Solutions have...
I need help with 30-33
Use the following to answer questions 30 - 33 The following account balances appear in the 20XC year-end POST-closing trial balance of BAC Corporation: Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Accounts Payable Notes Payable Common stock Retained earnings $50,000 30,000 300,000 600,000 200,000 35,000 250,000 300,000 30. $ Determine the total amount of debits that would be shown on the post-closing trial balance 31. $ Determine retained earnings that would be shown on the...
Most questions answered within 3 hours.
-
Case 3: New Retail Strategy
September 2010: American retailers are cutting expenses to
maintain stable profits...
asked 7 minutes ago -
What do you expect to happen when acetylacetone reacts with a
base? Draw structures of the...
asked 6 minutes ago -
What is meant by biocultural evolution? what examples will
better describe how it might have influenced...
asked 40 minutes ago -
How
do I locate proper sources that are peer reviewed articles for this
topic : placing...
asked 36 minutes ago -
A recent graduate decided to have $1 million ready for
retirement 30 years from now. The...
asked 34 minutes ago -
Schrute Farm Sales buys portable generators for $460 and sells
them for $720 He pays a...
asked 42 minutes ago -
A 10,000 kg jet plane must reach a speed of 60 m / s for
takeoff....
asked 36 minutes ago -
Write and submit one complete Java program to solve the
following requirements. Your program will employ...
asked 43 minutes ago -
Identical twins come from a single egg that split into two
embryos, and fraternal twins are...
asked 54 minutes ago -
The chemical formula for any CFC, HCFC, or HFC can be obtained
by adding 90 to...
asked 57 minutes ago -
Price discrimination adds to social welfare in the form of
(i)
increased total surplus.
(ii)
reduced...
asked 51 minutes ago -
Find and Sketch 6 point circular convolution of two sequences;
N=6
x[n] = [1,2,3,4]
h[n]= [0,0,1,0]
asked 1 hour ago