Determine how much cash will increase

Assignment Help Accounting Basics
Reference no: EM131680267

Question - Alpha Company has budgeted activity for October to reflect net income $120,000. All sales are credit sales. Receivables are planned to increase by $35,000, payables to decrease by $25,000 and Depreciation Expense is $55,000. Use this information to determine how much cash will increase (decrease) during the month of October. (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units).

Reference no: EM131680267

Questions Cloud

Discuss features of europe and the climates of europe : Describe the main physiographic features of Europe and the climates of Europe. How did the physical environment impact the cultural
Probability of getting two heads after flippinmg a coin : A hat contains 100 coins, where 99 are fair but one is double-headed (always landing Heads). A coin is chosen uniformly at random.
Learning about nutrition and healthy eating : What types of resources are available to communities in terms of learning about nutrition and healthy eating?
How much will it cost to use the system : What does CIC need to do to be able to start using the system? How much will it cost to use the system?How will the configuration be done and by whom?
Determine how much cash will increase : Use this information to determine how much cash will increase (decrease) during the month of October
Discuss globalization is a key theme of geography : Globalization is a key theme of geography and is a main reason that taking a course like this is important. Examples of globalization are all around us
Mechanical and chemical digestion in the human body : 1. Describe the process of mechanical and chemical digestion in the human body. 2. Discuss the roles of proteins in the human body.
Determine the ending balance of cash on hand for january : Use this information to determine the ending balance of cash on hand for January. Alpha Company began operations on January 1 with cash of $75,000
What are the most essential nutritional factors : What are the most essential nutritional factors that need to be followed for young kids.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd