Giovanni Grimaldi runs a small tax preparation company.

Giovanni Grimaldi runs a small tax preparation company. Giovanni makes over 80% of his money during the busy February 1-April 15 tax season; he is always concerned that he will not have enough money to pay his bills over the rest of the year. Thus, Giovanni is very careful about budgeting his cash. Giovanni has $5,000 in the company checking account on February 1, 2010. He estimates the following items for the rest of 2010:Cash Collections from Customers, 2/1-4/15 $120,000Cash Collections from Customers, 4/16-12/31 $25,000Operating Expenses Paid, 2/1-12/31 $85,000Interest on Small Business Loan payable on 1/15 and 7/15 $5,000Depreciation on Office Equipment $8,000Professional Malpractice Insurance for 2011, due 12/31/10 $10,000Finally, Giovanni estimates that he needs to withdraw $55,000 from the business (as dividends) to cover his own personal living expenses this year. Will Giovanni have enough cash to get through the year? What is his budgeted cash balance on December 31, 2010

Giovanni Grimaldi runs a small tax preparation company. Giovanni makes over 80% of hismoney during the busy February 1-April 15 tax season; he is always concerned that he willnot have enough…

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more