each of the following separate cases to calculate the unknown amount: a. During October‚ Shandra Company had $97‚500 of cash receipts and $101‚250 of cash disbursements. The October 31 Cash balance was $16‚800. Determine how much cash the company had at the close of business on September 30. b. On September 30‚ Li Ming Co. had a $97‚500 balance in Accounts Receivable. During October‚ the company collected $88‚950 from its credit customers. The October 31 balance in Accounts Receivable was $100
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compared with when the company still adopts seasonal production. The forecast will through light on the financial needs of the company. First of all‚ production will be distributed evenly throughout the year under level production. This implies material purchases should also be constant. In 2012‚ Polar Sport foresees total material purchases of $5‚940‚000. Based on that‚ we know the company is going to need to purchase material worthy of $495‚000 monthly. Since the company has 30-day payment term
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education costs. Most children are working to earn money for their families‚ which increases the child labor in the country. A survey of these child laborers reported that 240‚000 children that work are between 5 and 17 years old. Part of the conditional cash transfer programs are aimed at decreasing the child labor and increasing the child education because most students are required to attend school until they are 12 (Lakhani). The life expectancy at birth for
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prominence in professional world. The importance of English begins at the threshold of the professional world. At the reception‚ precisely. As they say well begun is half done‚ the person with necessary interpersonal skills and decent communication skills can impress client right at the beginning of any lucrative deal. Learning
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In Alice Hoffman’s novel‚ Turtle Moon‚ a main character is Julian Cash‚ a police officer who is withdrawn from his small town‚ Verity. The initial impression the author gives about Julian is his cold and brutal characteristics. The author then develops him throughout the novel into a sociable‚ and warmhearted character. This is important as the character’s development further illustrates the novel’s message‚ that love can be found anywhere‚ even in Verity. In the beginning of the novel‚ his lack
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of emergency cash? Have you run out of options? Have you given up and see no light at the end of the tunnel? There is light at the end of the tunnel‚ read on to find out more about it. • Cash-strapped sellers need to sell their property quickly to raise some cash but they often fail to find the right buyers. Some of them get misled‚ it is very important for a seller to know the current market conditions and also the price of his property‚ these two factors can help generate quick cash for sellers
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Initial cash flow at t=0: Purchase: -$700‚000 Shipping and installation: -$100‚000 Depreciable basis = $800‚000 Old machine after taxes = $120‚000 - ($120‚000-$80‚000)(.40) = $104‚000 Initial Cash flow = -$800‚000 + $104‚000 = -$696‚000 Depreciation: Year 1: $800‚000 * .3333 = $266‚640 Year 2: $800‚000 * .4445 = $355‚600 Year 3: $800‚000 * .1481 = $118‚480 Year 4: $800‚000 * .0741 = $59‚280 Yearly revenue change: Decrease operating expenses of $90‚000 Incremental net cash flow at
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If you are responsible‚ I would advise getting one‚ for multiple reasons. 1. Readily available cash that is safe‚ and by safe‚ I mean there are safeguards if it is lost or stolen. Cash and debit cards do not protect you like credit cards do. 2. Secure online shopping. That means fraud protection. 3. Having and using a card will build your credit‚ helping you later when you want a car or home loan‚ or want to refinance loans. Really‚ if you are responsible with your money‚ you have no reason
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Metro Cash and Carry has enjoyed competitive advantages in multiple areas. MCC has benefited from being business unit of Metro Group‚ the world ’s third largest retailer‚ which has provided ample sources of financing to the company. MCC introduced the C&C business model to the world‚ efficiently controlling operational costs by targeting small and medium-sized enterprises (SMEs). SMEs larger volume purchase habits leads to higher sales‚ lower cost and larger profit margin per customer for MCC.
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purchasing a smaller chain‚ South Georgia Parts (SGP). Brau’s analysts project that the merger will result in the following incremental free cash flows‚ tax shields‚ and horizon values: Years 1 2 3 4 Free cash flow $1 $3 $3 $7 Unlevered horizon value 75 Tax shield 1 1 2 3 Horizon value of tax shield 32 Assume that all cash flows occur at the end of the year. SGP is currently financed with 30% debt at a rate of 10%. The acquisition would be made immediately‚ and
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