Tri fecta, a partnership, had revenues of $374,000 in its first year of operations. the partnership has not collected on $45,700 of its sales and still owes $39,900 on $180,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $25,700 in salaries. the partners invested $49,000 in the business and $21,000 was borrowed on a five-year note. the partnership paid $2,100 in interest that was the amount owed for the year and paid $9,400 for a two-year insurance policy on the first day of business. ignore income taxes. compute the cash balance at the end of the first year for tri fecta.
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Ответ:
$221,000
Explanation:
Total cash received:
= (sales revenue - account receivable) + Owner's investment + amount borrowed
= ($374,000 - $45,700) + $49,000 + $21,000
= $398,300
Total cash disbursement:
= (Merchandise purchase - Accounts payable) + salary + interest + insurance
= ($180,000 - $39,900) + $25,700 + $2,100 + $9,400
= $177,300
cash balance at the end of the first year for Tri Fecta:
= Total cash received - Total cash disbursement
= $398,300 - $177,300
= $221,000
Ответ:
15
Explanation:
Using the Exponential smoothing model below:-
Ft= Ft-1 + α (At-1 – Ft-1)
Where,
Ft= new forecast
Ft-1= previous period forecast
At-1= previous period actual demand
α =? Ft-1=66 At-1=70 Ft= 66.6
Ft = 66 + α (70-66)
66.6 = 66+ 4* α
(66.6-66)= 4* α
α = 0.6/4
α = 0.15
Thus, alpha value will be 0.15 for simple exponential smoothing.