Santos co. is preparing a cash budget for february. the company has $20,000 cash at the beginning of february and anticipates $75,000 in cash receipts and $100,250 in cash disbursements during february. what amount, if any, must the company borrow during february to maintain a $5,000 cash balance. the company has no loans outstanding on february 1. determine the beginning cash balance, total cash available, preliminary cash balance, and the ending cash balance.

Which of the following statements is not correct? 1) trade allows for specialization. 2) trade has the potential to benefit all nations. 3) trade allows nations to consume outside of their production possibilities curves. 4) absolute advantage is the driving force of specialization.

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

Why do police officers get paid less than professional baseball players?