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NEW QUESTION: 1
In April, Raymar's budget will result in:
A. A need to borrow US $50,000 on its line of credit for the cash deficit
B. A need to borrow US $100.000 on its line of credit for the cash deficit
C. A need to borrow US $90,000 on its line of credit for the cash deficit
D. US $45,000 in excess cash
Answer: B
Explanation:
Assuming Raymar maintained a US $100,000 cash balance at the end of March, the amount to be borrowed or invested in April is the difference between cash receipts and disbursements. April's cash collections are US $45,000 [ $50,000 April sales x 50%) +$40,000 March sales x 50%)]. Disbursements for accounts payable are US $37,500 [$40,000 April payables x 75%) + $30,000 March payables s 25%)]. In addition to the accounts payable disbursements, payroll and other disbursements will require an additional US $100,000. Hence, total disbursements are estimated to be US $137,500. The net negative cash flow amount to be borrowed to reach the required minimum cash balance of US $100.000) is US $92,500 $137,500 - $45,000). Because the line of credit must be drawn upon in US $10,000 increments. the loan must be for US $100,000.
NEW QUESTION: 2
Which of the following expansion cards should be installed into a server to provide fiber channel SAN connectivity?
A. NIC
B. USB
C. UAC
D. HBA
Answer: D
NEW QUESTION: 3
What step is used to determine the time period when a risk might occur?
A. Assess - evaluate
B. Assess - estimate
C. Identify - risks
D. Identify - context
Answer: B
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