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NEW QUESTION: 1
JL is preparing its cash budget for the next three quarters. The following data have been extracted from the operational budgets:
Additional information is available as follows:
* JL sells 20% of its goods for cash. Of the remaining sales value, 70% is received within the same quarter as sale and 30% is received in the following quarter. It is estimated that trade receivables will be $125,000 at the beginning of Quarter 1. No bad debts are anticipated.
* 50% of payments for direct material purchases are made in the quarter of purchase, with the remaining 50% in the quarter following purchase. It is estimated that the amount owing for direct material purchases will be
$60,000 at the beginning of Quarter 1.
* JL pays labour and overhead costs when they are incurred. It has been estimated that labour and overhead costs in total will be $303,600 per quarter. This figure includes depreciation of $19,600.
* JL expects to repay a loan of $100,000 in Quarter 3.
* The cash balance at the beginning of Quarter 1 is estimated to be $49,400 positive.
Required:
Prepare a cash budget for each of the THREE quarters.
What will the closing balance of cash flows in quarter THREE be?
A. $184 900
B. $145 000
C. $160 690
D. $150 200
E. $170 400
F. $100 200
G. $130 200
Answer: G
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-103-q19/
NEW QUESTION: 2
What is the goal of MPLS Traffic Engineering?
A. To enable the implementation of services
B. To utilize paths other than the lowest cost path
C. To allow ECMP to occur across an MPLS network
D. To establish additional LSPs across the network
Answer: B
Explanation:
Section: Volume B
NEW QUESTION: 3
HPE OneViewアプライアンスデータベースのサーバーハードウェア部分のクエリに使用できるものは何ですか？
A. オープンソースエディター
B. SQL接続クライアント
C. REST API
D. JSONリーダー
Answer: C
NEW QUESTION: 4
Which domains are the user portal reliant upon being in place?
A. Domains 3 and 4
B. Domains 5 and 6
C. All of the above
D. Domains 1 and 5
Answer: B