The following information is from White Mountain Furniture Company's financial records:

Month Sales Purchases
July $180,000 $105,000
August $165,000 $120,000
September $150,000 $90,000
October $195,000 $135,000
All sales are made on account. Collections from customers are normally 70 percent in the month of sale, 20 percent in the month following the sale, and 9 percent in the second month following the sale. The balance is expected to be uncollectible.

All purchases are on account. Management takes full advantage of the 2 percent discount allowed on purchases paid by the tenth of the following month.

Purchases for November are budgeted at $150,000, and sales for November are budgeted at $165,000.

Cash disbursements for expenses are expected to be $36,000 for the month of November. The company's cash balance on November 1 was $55,000.

Calculate the excepted cash balance on November 30

A) $34,000

B) $79,000

C) $37,000

D) $15,000

E) $54,700

E) $54,700

Explanation:

Cash Balances are determined from Cash Budgets. Thus Prepare a cash Budget as follows :

                                                                November

Receipts   :

Cash Sale (70%×165,000)                      $115,500

Credit Sale - October (20%)                    $39,000

Credit Sale - September (9%)                  $13,500

                                                                 $168,000

Payments :

Purchases ($135,000×98%)                  ($132,300)

Cash disbursements                              ($36,000)

                                                              ($168,300)

Reconciliation of Balances

Net Cash Movement                                  ($300)

Opening Balance                                     $55,000

Closing Balance                                       $54,700

bd = 9 cm

step-by-step explanation:

in a 30°-60°-90° triangle, the ratio of side lengths is 1 : √3 : 2. that is, the longest side (hypotenuse) is twice the length of the shortest side.

all of the triangles in your geometry are 30°-60°-90° triangles. ac is the hypotenuse of δacd, and the short side of δabc.

the short side ad of δacd will be half the length of ac, so 3 cm. the hypotenuse ab of δabc will be twice the length of ac, so 12 cm. segment bd is the difference of the lengths ab and ad, so is

bd = ab -ad

bd = 12 cm - 3 cm = 9 cm

comment on side length ratios

you can figure the ratios of side lengths in a 30°-60°-90° triangle by considering the trig ratios of the angles. or you can figure the length of the altitude of an equilateral triangle of side length 2 using the pythagorean theorem.

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