User Account

All Pages

What is your cash balance at the end of the quarter

Assignment Help Accounting Basics
Reference no: EM131797596

Question - As of the beginning of the quarter, you have a cash balance of $250. During the quarter you pay your suppliers $310. Your accounts receivable collections are $420. You also pay an interest payment of $30 and a tax bill of $180. In addition, you borrow $75. What is your cash balance at the end of the quarter?

A. $225

B. $245

C. $255

D. $275

E. $285

Reference no: EM131797596

Questions Cloud

By how much did the firm net income exceed : Watson Oil recently reported (in millions) $8,250 of sales, $5,750 of operating costs other than depreciation, and $1,500 of depreciation.
What is the length of the cash cycle : Wislon, Inc. has inventory turnover rate of 15, accounts payable period of 54 days and an accounts receivable period of 37 days. What is length of cash cycle
Discuss whether do an a-type or a c-type reorganization : the Acquiring Corporation and the Target's stockholders should consider which of the following
What journal entry will be made by wazowski : Wazowski Enterprises sells $55,000 of its customer receivables to Randall Corp without recourse. Randall charges a 6% factoring fee for this service.
What is your cash balance at the end of the quarter : You also pay an interest payment of $30 and a tax bill of $180. In addition, you borrow $75. What is your cash balance at the end of the quarter
Types of crimes are reported as follows : Are "featured" crimes more likely to be cleared by arrest than other violent crimes? Results from random samples of both types of crimes are reported as follows
Which depreciation method would produce the higher npv : Which depreciation method would produce the higher NPV? How much higher would it be? Round your answer to the nearest dollar.
Prepare a partial multiple-step income statement : Record and post inventory transactions-perpetual system. Prepare a partial multiple-step income statement, up to gross profit, for the month of September 2017.
What transfer price would you choose to use for the fabric : What transfer price would you choose to use for the fabric assuming that the Fabric division is operating at only 60 percent of capacity

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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