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Children's Best Hope (CBH) provides day care ser-vices to low income families. CBH bills the state for its services under a service contract. Billings for the first four months of 2013 are anticipated to be as follows:CBH finds that it collects 25 percent of the amounts billed in the month of service with the balance collected in the month following service. CBH is planning to acquire a new building as an additional site for its services in March 2013. The full $ 250,000 purchase cost of the building will be financed with a mortgage loan. CBH anticipates a February 28, 2013, cash balance of $ 26,000. CBH anticipates the following expenses and disbursements for the month of March 2013: Payroll payments....................................$ 170,000Personnel expenses.................................$ 160,000Payments to suppliers................................$ 45,000Supplies expense.....................................$ 48,000Depreciation expense................................$ 12,000Interest expense.......................................$ 6,000Prepare an operating budget, cash budget, and capital budget for CBH for the month of March2013.
you walk into an international bank with 1000 and observe the following exchange
Because of this transaction, current assets will increase by $6K and current liabilities will increase by $4K. Calculate the initial investment in the high-powered microscopy machine.
Give a brief description Apple, its main business and operational activities and the short synopsis of main developments of company over the past few years of company. Include some financial information such as the stock price, its profitability, ..
the berndt corporation expects to have sales of 12 million. costs other than depreciation are expected to be 75 of
International investment is a prudent part of any investment portfolio. International investment helps to diversify the investment portfolio. Although, international investments are beneficial, they are not risk free.
The tax rate is 40 percent. What would be the retained earnings balance at the end of the year?
a furniture store has a sofa on sale for 399.00 with the payment due one year from today. the store is willing to
A sound foundation is necessary for success in any task from building a house to putting on make-up. In terms of U.S. Accounting Standards, it is also necessary to have a sound foundation, referred to as the conceptual framework. Let's discuss it ste..
office plus sells its main product ergonomic mouse pads for 12 each. its variable cost is 5.20 per pad. fixed costs
Suppose on January 1 you deposit $100 in an account that pays a nominal, or quoted interest rate of 11.33463%,with interest added (compounded) daily.
The supply and demand functions for a generic brand of ink cartridge sold at staples are related by the equations.
you have a stock mutual fund in which you put 3000 per year. how much will you accumulate in the account in 25 years if
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