For the month of november, whetzel corporation. predicts total cash collections to be $1 million. also for november, whetzel cor
poration. estimates that its beginning cash balance will be $50,000 and that it will borrow cash in the amount of $70,000. if whetzel corporation. estimates an ending cash balance of $30,000 for november, what must its projected cash disbursements be
The projected cash disbursements for Whetzel Corporation for November is $1,090,000. This is calculated as follows: the beginning cash balance of $50,000 will be increased for the November cash collections of $1,000,000 and the cash borrowed of $70,000 (a cash inflow). This amount of total cash inflows would then be reduced by the total disbursements to get to the ending balance of $30,000. By subtracting the $30,000 ending balance from the above number we will get the total disbursements. See below: $50,000+$1,000,000+$70,000=$1,120,000 $1,120,000-$30,000=$1,090,000 Check: $50,000+$1,000,000+$70,000-$1,090,000=$30,000 (agrees to ending balance)
Secondary activities inside an organization are those who support the primary activity. The primary activity consists in the production and distribution of goods and/or services to customers, while secondary activities are meant to improve aspects of the primary activity.
For example, the goal of human resources is to create good labor conditions so that employees are happier, and therefore, more productive. And the goal of the technology department is to engage in research to produce new goods or provide new services in the future.
<span>Market research tells producers what consumers want and what they're willing to pay.
Marketers perform market research so they can accurately determine who their audience is, what people will buy, how much they will buy and how much they will pay for it. Without conducing this research they could be spending money trying to reach the wrong audience. They could also have their product set too high or too low and potentially lose money/customers. </span>
The given statement relates to bootstrap marketing strategies
Explanation:
In simple words, Bootstrap marketing relates to an advertising strategy usually used by entrepreneurs to create a business from the bottom up with little but private money and, luckily, money from the very first sale.
This method is usually used by start ups for capturing initial market share and with the expertise of an angel investor they can really go for high goals.