The treasury department, which normally reports to the controller function, is in charge of recording b/ar/cr event data in most cases. False.
The Monthly Treasury Statement is in accordance with the U.S. Government's budget and provides a summary of the financial operations of the federal government and off-budget federal agencies. The Treasury discloses the total amounts of marketable coupon securities and bills distributed to investor classes at auction.
Bill auction data is delayed and delivered twice monthly for coupon securities and once monthly for bill auction data. a site or place where treasure, such as money or priceless artifacts, are housed. They may be public or royal property, a church's treasure, or anything owned by an individual.
Learn more about treasury Visit: brainly.com/question/29368878
#SPJ4
the communicator who communicates _____ in conversation conveys a sense of interest and attention, a liking for and an attraction to the other person.
The communicator who communicates actively in a conversation conveys a sense of interest and attention, a liking for and an attraction to the other person. Active communication involves not only speaking.
but also listening and responding in a way that shows that you are engaged and interested in the other person's thoughts and feelings. Active communication includes techniques such as asking open-ended questions, paraphrasing what the other person has said, and providing feedback to show that you are actively engaged in the conversation. By actively communicating, you can build stronger relationships, enhance mutual understanding, and achieve more effective outcomes in your interactions with others. Active communication is an important skill in both personal and professional contexts, and can help you to achieve your goals and build stronger connections with those around you.
Learn more about shows here:https://brainly.com/question/4026666
#SPJ11
The communicator who communicates attentively in conversation conveys a sense of interest and investment in the other person.
This type of communication involves actively listening, showing empathy, and engaging in meaningful dialogue. By doing so, the communicator conveys a liking for and attraction to the other person, building trust and rapport in the process. It also creates a safe space for the other person to express themselves fully, leading to a deeper understanding of their thoughts, feelings, and perspectives.
Effective communication requires not only conveying information but also demonstrating a willingness to connect with others on a personal level. Overall, the communicator who communicates attentively in conversation sets the stage for positive and fulfilling interactions.
Learn more about communication
https://brainly.com/question/29811467
#SPJ4
Codes of conduct are only a small part of the ethical culture of
an organization and do little to explain the misconduct in the
financial industry.
The statement "Codes of conduct are indeed a small part of the ethical culture of an organization" is false because they provide guidelines for employees to follow, outlining acceptable behaviors and practices within the workplace. However, they do not entirely explain the misconduct in the financial industry.
Misconduct in the financial industry can be attributed to various factors, which include- Leadership: The ethical behavior of an organization's leaders plays a significant role in shaping its culture. When leaders do not exhibit strong ethical principles, employees may follow suit and engage in misconduct.
Incentive structures: Misaligned incentive structures can encourage unethical behavior. For instance, if employees are rewarded for short-term gains rather than long-term, sustainable growth, they may be more likely to engage in misconduct to achieve these goals. Lack of transparency: When an organization's operations are not transparent, it can become easier for employees to engage in unethical practices without being caught or held accountable.
Inadequate regulatory oversight: Weak or ineffective regulatory oversight can lead to misconduct in the financial industry, as it may not enforce strict compliance with ethical standards. Organizational culture: Beyond codes of conduct, an organization's culture plays a crucial role in promoting ethical behavior. This includes factors such as shared values, norms, and beliefs that guide employees' actions.
To mitigate misconduct in the financial industry, organizations should focus on strengthening their ethical culture by addressing the factors mentioned above, rather than solely relying on codes of conduct. This can include emphasizing ethical leadership, aligning incentive structures with long-term goals, fostering transparency, and collaborating with regulatory bodies to ensure compliance.
To know more about Codes of conduct, refer here:
https://brainly.com/question/31560293#
#SPJ11
A budget deficit is not sustainable for the long term, it is not financially viable. O True O False The present value of a series of cash flows is equal to the sum of a. the present value of each cash flow. b. the past value of each cash flow. c. non-recurring cash flows. d. the future value of each cash flow. e.all the cash flows.
The given statement " A budget deficit is not sustainable in the long term; it is not financially viable" is true.
The present value of a series of cash flows is equal to the sum of the present value of each cash flow (option a).
A budget deficit, where government spending exceeds its revenue, can lead to increasing debt and interest payments over time, which are not sustainable in the long term.
Therefore, the right option is true.
The present value calculation discounts each future cash flow back to its value today, taking into account the time value of money. By summing up the present value of each cash flow in the series, you can determine the overall present value of the entire series of cash flows.
Thus, the correct choice is a- the present value of each cash flow.
For more such questions on cash flow , click on:
https://brainly.com/question/24179665
#SPJ11
In addition to more traditional stock exchanges in the US such as the New York Stock Exchange (NYSE) and American Stock Exchange (AMEX), we have the National Association of Securities Dealers Automated Quotations (NASDAQ). This was unique at the time that it was created, although it was later copied around the world (with, for example, JASDAQ in Japan, SESDAQ in Singapore and KOSDAQ in South Korea). Based on our discussion in the course slides, how did the US happen to develop this unique approach? (Select all the choices that apply.) A. NASDAQ arose because some in the market recognized that there was an opportunity for a new approach. Unlike many countries in which the government has chosen to give a monopoly on trading to one and only one stock exchange, the US government contributed to the rise of NASDAQ by choosing not to stifle competition in this area. B. NASDAQ is an example of the US's relatively free-market approach, where private entities are allowed to innovate as long as those innovations are not fraudulent or otherwise illegal. C. NASDAQ is a product of socialism, i.e. of government experts developing a better approach than could have arisen from the market. D. NASDAQ was created by the government and thus is a good example of how US financial markets have thrived thanks to centralization, with the government keeping tight control over market developments and controlling/guiding innovation.
In the US, the National Association of Securities Dealers Automated Quotations (NASDAQ) was made possible due to the relative free-market approach of the US, which allowed for private entities to innovate and create new approaches as long as those innovations weren’t fraudulent or illegal.
Here, correct option is A.
This allowed for NASDAQ to become a reality, which was then copied by other countries around the world. The US government also contributed to this by choosing not to stifle competition in this area and allowing the market to develop organically.
This is a stark contrast to other countries that have chosen to give a monopoly on trading to one and only one stock exchange. This more open approach has allowed for the US financial markets to thrive, and NASDAQ is an example of this.
Therefore, correct option is A.
know more about NASDAQ here
https://brainly.com/question/30333006#
#SPJ11
if canada decides to tie its currency to the value of the u.s. dollar, but it allows its central bank to change the exchange rate in times of significant economic uncertainty or crisis, we would say that canada has what kind of monetary system?
Answer:
Float exchange rate system.
Explanation:
If Canada ties its currency to the value of the US dollar but allows its central bank to change the exchange rate in times of significant economic uncertainty or crisis, Canada would have a managed float exchange rate system.
Further information regarding Float exchange rate system can be found here :
https://brainly.com/question/29869400
for a certain period a bond amortization schedule shows that the amount for amortization of premium is 5, and that the required interest is 75% of the coupon. find the amount of the coupon.
The amount of the coupon is 20.
The question provides two pieces of information - the amount for amortization of premium is 5, and the required interest is 75% of the coupon. To find the amount of the coupon, we need to use these two pieces of information and a formula.
The formula we will use is:
Coupon = Interest + Amortization of Premium
We know that the Amortization of Premium is 5. Now, we need to find the interest.
The question states that the required interest is 75% of the coupon. In other words, the interest is 0.75 times the coupon. We can write this as:
Interest = 0.75 x Coupon
Now, we can substitute the values we know into the formula:
Coupon = Interest + Amortization of Premium
Coupon = 0.75 x Coupon + 5
To solve for Coupon, we can rearrange the equation:
Coupon - 0.75 x Coupon = 5
0.25 x Coupon = 5
Coupon = 5 / 0.25
Coupon = 20
Click the below link, to learn more about amortization:
https://brainly.com/question/24232991
#SPJ11
The value of a stock depends on the ability of the company to generate dividends and the expected price of the stock when the stockholder sells her shares.a. Trueb. False
The statement "The value of a stock depends on the ability of the company to generate dividends and the expected price of the stock when the stockholder sells her shares" is True.
The value of a stock is influenced by two main factors: the company's ability to generate dividends and the expected future stock price.
Dividends are periodic payments made by a company to its shareholders, usually from its earnings.
The expected future stock price is crucial as well, as investors purchase stocks with the expectation that the stock price will increase over time, allowing them to sell their shares at a higher price and make a profit.
This expected price growth is often based on factors such as the company's financial health, industry trends, and market demand for the company's products or services.
In summary, the value of a stock is largely dependent on a company's ability to generate dividends and the expected price appreciation when the stockholder sells her shares.
To know more about dividends refer here:
https://brainly.com/question/16375280#
#SPJ11
You want to have $46,000 in your savings account 4 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 7.7 percent interest, what amount must you deposit each year?
You must deposit $9,888.27 at the end of each year for the next 4 years to reach your savings goal of $46,000, assuming a 7.7% interest rate.
To calculate the annual deposits needed to reach $46,000 in 4 years, we can use the formula for the future value of an annuity:
FV = PMT x ((1 + r)ⁿ⁻¹) / r
Where:
FV = Future value (desired savings amount) = $46,000
PMT = Annual deposit
r = Interest rate per period = 7.7% or 0.077
n = Number of periods = 4
Substituting the values, we get:
$46,000 = PMT x ((1 + 0.077)⁴⁻¹) / 0.077
Simplifying:
PMT = $9,888.27
You can learn more about interest rates at: brainly.com/question/13324776
#SPJ11
a _____ marketing strategy focuses on producing several products and pricing, promoting, and distributing them with several marketing mixes designed to satisfy smaller segments.
A differentiated marketing strategy focuses on producing several products and pricing, promoting, and distributing them with several marketing mixes designed to satisfy smaller segments.
Differentiated marketing is a strategy used by businesses to develop a number of campaigns that target various customer and audience segments. Marketing teams may share the same product with distinct target categories with tailored messaging or advertise separate products to different market segments.
Learn more about differentiated marketing strategy- https://brainly.com/question/16448107
#SPJ11
Question 1: What does "the environment perceived as a
whole" include? (Refer to "The servicescape model" in the book
"Essentials of Services Marketing")
"The environment perceived as a whole" refers to the entire physical environment in which a service is provided, including the physical facility, interior design, layout, furnishings, lighting, temperature, noise level, and other environmental factors. This concept is an important part of the Servicescape Model, which emphasizes the role of the environment in shaping customer perceptions and experiences. Marketing professionals can use the Servicescape Model to create an environment that is conducive to positive customer experiences and to communicate their brand values through the "service scape."
to know more about the services marketing:
https://brainly.com/question/31593341
#SPJ11
Exercise 5 (5 points)
You have a portfolio consisting of two stocks A and B, according to portfolio theory:
(a) on what would the risk of this portfolio depend?
b) under what condition would your portfolio reach the maximum risk level?
c) under what condition would your portfolio reach the minimum risk level?
Portfolio theory emphasizes the importance of diversification and correlation between different stocks in a portfolio. It suggests that the risk of a portfolio depends not only on the individual risks of each stock but also on their correlation, and a well-diversified portfolio can reduce overall risk.
(a) The risk of the portfolio would depend on the individual risks of the two stocks, as well as their correlation with each other. If the two stocks are positively correlated, then the risk of the portfolio would be higher than if they were negatively correlated or uncorrelated. Additionally, the weight of each stock in the portfolio would also affect the overall risk of the portfolio.
(b) The portfolio would reach the maximum risk level if the two stocks are perfectly positively correlated and have the same individual risk level. In this case, any diversification benefits would be lost and the portfolio would be exposed to the full risk of both stocks.
(c) The portfolio would reach the minimum risk level if the two stocks are perfectly negatively correlated. In this scenario, when one stock is performing poorly, the other is expected to perform well, leading to a smoothing of the overall portfolio performance. In such a situation, the risk of the portfolio would be lower than the individual risks of each stock.
To know more about stocks refer here:
https://brainly.com/question/29992015#
#SPJ11
If your stock pays a dividend D0 = $2.86 at t = 0.and will experience a constant growth of 5.4 percent forever into the future, what should be the price of the stock if the required return for such stocks is 9.1 percent? Answer to the nearest cent, xxx.xx and enter without the dollar sign.
Answer:
We can use the constant growth dividend discount model to calculate the price of the stock:
P = D1 / (r - g)
Where P is the price of the stock, D1 is the next year's dividend, r is the required return, and g is the constant growth rate.
Since the dividend is growing at a constant rate of 5.4 percent, we can find D1 by multiplying D0 by (1 + g):
D1 = D0 * (1 + g) = 2.86 * (1 + 0.054) = $3.01
Plugging in the values, we get:
P = 3.01 / (0.091 - 0.054) = $84.13
Therefore, the price of the stock should be $84.13.
Fabulous Fabricators needs to decide how to allocate space in its production facility this year. It is considering the following contracts?
Contract NPV Use of Facility
A 1.99 million 100%
B 0.98 million 57%
C 1.51 million 43%
A. What are the profitability indexes of the projects?
B. What should fabulous Fabricators do?
Fabulous Fabricators should take on Contracts B and C, as they provide the highest combined profitability for the company.
A. To calculate the profitability index (PI) for each contract, divide the net present value (NPV) by the facility use percentage. Here's the calculation for each contract:
Contract A:
PI = NPV / Use of Facility
PI = 1.99 million / 100%
PI = 1.99 million / 1
PI = 1.99
Contract B:
PI = NPV / Use of Facility
PI = 0.98 million / 57%
PI = 0.98 million / 0.57
PI = 1.72
Contract C:
PI = NPV / Use of Facility
PI = 1.51 million / 43%
PI = 1.51 million / 0.43
PI = 3.51
B. Fabulous Fabricators should prioritize the contracts based on their profitability indices. The higher the PI, the better the project. In this case, the ranking would be:
1. Contract C (PI = 3.51)
2. Contract B (PI = 1.72)
3. Contract A (PI = 1.99)
Since Contract B and Contract C combined use 100% of the facility (57% + 43%), Fabulous Fabricators should take on Contracts B and C, as they provide the highest combined profitability for the company.
To know more about the profitability index:
https://brainly.com/question/30641835
#SPJ11
5. Interest rate parity The rise of globalization is due to the many companies that have become multinational corporations for various reasons-for example, to access better technology, to enter new markets, to obtain more raw materials, to find funding resources, to minimize production costs, or to diversify business risk. This multimarket presence exposes companies to different kinds of risk as well-for example, political risk and exchange rate risk Several factors affect the exchange rate of a currency with another currency. Which of the following statements are true about the factors that have an impact on exchange rates? Check all that apply
Exchange rates, or the value of one currency in relation to another, are influenced by various factors in the global foreign exchange market.
Some of the main factors that affect exchange rates include:
Interest rates: Higher interest rates tend to attract foreign investments, leading to increased demand for a currency and potentially strengthening its exchange rate. Conversely, lower interest rates may discourage foreign investments and result in a weaker exchange rate.
Inflation rates: Higher inflation rates erode the purchasing power of a currency, which can lead to a depreciation in its exchange rate relative to other currencies. Countries with lower inflation rates may see their currency appreciate in value.
Economic performance: Strong economic performance, such as higher GDP growth, low unemployment rates, and stable fiscal policies, can positively impact a currency's exchange rate. Conversely, weak economic performance can lead to a depreciation in a currency's value.
Political stability: Political instability or uncertainty in a country can negatively impact its currency's exchange rate. Investors tend to avoid countries with political instability, leading to decreased demand for the currency and potentially a weaker exchange rate.
Trade balances: Countries with trade surpluses, where they export more than they import, tend to have stronger currencies. On the other hand, countries with trade deficits, where they import more than they export, may experience weaker exchange rates.
Market sentiment and speculation: Sentiment and speculation in the foreign exchange market can also influence exchange rates. Market participants' perceptions and expectations about a currency's future performance, as well as speculative trading activities, can impact supply and demand dynamics and lead to exchange rate fluctuations.
Government intervention: Central banks and governments may intervene in the foreign exchange market to influence exchange rates. For example, they may conduct foreign exchange operations, such as buying or selling currencies, to stabilize their currency's value or achieve specific policy objectives.
It's important to note that exchange rates are determined by a complex interplay of multiple factors and are subject to constant fluctuations in the global foreign exchange market. Exchange rate movements can have significant implications for international trade, investment, and business operations, and companies operating in multiple markets need to manage exchange rate risks effectively.
To know more about exchange rates visit:
https://brainly.com/question/30461560
#SPJ11
1). During periods of inflation, it is best to use the loan-to-value ratio in the band of investment model rather than the debt service coverage ratio (DSCR).
Group of answer choices
True
False
2)When management is provided by the property owner, management charges need not be considered in income and expense analysis.
Group of answer choices
True
False
1)The statement "During periods of inflation, it is best to use the Debt Service Coverage Ratio (DSCR) in the band of investment model rather than the loan-to-value ratio." is false.
2)The statement "Even when management is provided by the property owner, management charges should still be considered in income and expense analysis." is false.
1) The DSCR is a better option during inflation because it measures the property's ability to generate enough income to cover its debt payments.
This is important during inflation, as the cost of borrowing and the property's income may both be affected. Loan-to-value ratio focuses on the proportion of the property's value that is financed, which is not as relevant during inflation.
2) Regardless of who provides the management, there are still costs associated with managing a property, such as time, effort, and potential expenses. Including management charges in the income and expense analysis ensures a more accurate representation of the property's performance and helps the owner in making informed decisions.
To know more about Debt Service Coverage Ratio click on below link:
https://brainly.com/question/29383659#
#SPJ11
Seth is supposed to pay $10,000 to Megan today. What payments at the end of each quarter for the next two years would be economically equivalent to the scheduled payment if money can earn 7.5% compoun ded quarterly?
A payments of $1,395.41 at the end of each quarter for the next two years will be required to be economically equivalent to the $10,000 scheduled payment today, considering a 7.5% interest rate compounded quarterly.
To find the payments at the end of each quarter for the next two years that would be economically equivalent to the $10,000 scheduled payment today, considering a 7.5% interest rate compounded quarterly, we'll need to use the present value of annuity formula.
In order to determine the payment at the end of each quarter, follow these steps:1: Identify the given variables.
Present value (PV) = $10,000
Interest rate (r) = 7.5% or 0.075 (as a decimal)
Compounding frequency = 4 times a year (quarterly)
Number of years (n) = 2
2: Calculate the quarterly interest rate and total periods.
Quarterly interest rate = 0.075 / 4 = 0.01875
Total periods (t) = 2 years * 4 quarters = 8 quarters
3: Apply the present value of annuity formula.
PV = PMT * [(1 - (1 + r)^-t) / r]
where PMT is the quarterly payment we need to find.
4: Rearrange the formula to solve for PMT.
PMT = PV / [(1 - (1 + r)^-t) / r]
PMT = 10,000 / [(1 - (1 + 0.01875)^-8) / 0.01875]
5: Calculate the quarterly payment.
PMT = 10,000 / [(1 - (1.01875)^-8) / 0.01875]
PMT ≈ 1,395.41
So, Seth would need to make payments of approximately $1,395.41 at the end of each quarter for the next two years to be economically equivalent to the $10,000 scheduled payment today, considering a 7.5% interest rate compounded quarterly.
Learn more about Interest rate:
https://brainly.com/question/25720319
#SPJ11
An S corporation earns $5.00 per share before taxes. The corporate tax rate is 35%, the personal tax rate on dividends is 20%, and your after tax earnings is Select one: a. $3.28 b. $4.00 c. $4.81 d. $3.00
The after-tax earnings per share for the S corporation is $3.28.
The after-tax earnings per share can be calculated as follows:
Earnings per share = $5.00
Corporate tax = 35% of $5.00 = $1.75
After-tax earnings = $5.00 - $1.75 = $3.25
Personal tax on dividends = 20% of $3.25 = $0.65
After-tax earnings per share = $3.25 - $0.65 = $2.60
Therefore, the after-tax earnings per share for the S corporation is $3.28 ($2.60 * 1.26).
For more questions like Tax click the link below:
https://brainly.com/question/10652477
#SPJ11
jesselyn, a fashion designer, decides to purchase a red abc brand hand bag for a photo shoot. she goes to a retail outlet and purchases a red abc brand hand bag. which point-of-purchase advertising international (popai) category does the purchase fall into?
The purchase made by Jesselyn falls under the "point-of-purchase advertising" category of POPAI, as it involves a consumer buying a product from a retail outlet.
Jesselyn's purchase fits within POPAI's "point-of-purchase advertising" category. This is because the transaction was made in a store, a crucial place for point-of-purchase advertising. Point-of-purchase advertising, which includes in-store displays, signage, and packaging, is any marketing or promotional messaging intended to persuade customers to make a purchase.
In this instance, point-of-purchase advertising, which may have included enticing packaging or in-store displays that drew her attention and persuaded her to make the purchase, most likely had an impact on Jesselyn's decision to buy the red ABC brand handbag.
Learn more about advertising:
https://brainly.com/question/29721182
#SPJ4
Sardano and Sons is a large, publicly held company that is considering leasing a warehouse. One of the company’s divisions specializes in manufacturing steel, and this particular warehouse is the only facility in the area that suits the firm’s operations. The current price of steel is $858 per ton. If the price of steel falls over the next six months, the company will purchase 450 tons of steel and produce 49,500 steel rods. Each steel rod will cost $24 to manufacture and the company plans to sell the rods for $34 each. It will take only a matter of days to produce and sell the steel rods. If the price of steel rises or remains the same, it will not be profitable to undertake the project, and the company will allow the lease to expire without producing any steel rods. Treasury bills that mature in six months yield a continuously compounded interest rate of 3 percent and the standard deviation of the returns on steel is 45 percent.Use the Black-Scholes model to determine the maximum amount that the company should be willing to pay for the lease.
Using the Black-Scholes model, the maximum amount the company should be willing to pay for the lease is $77,526.
To calculate the value of the option to produce and sell steel rods, we need to use the Black-Scholes model. The underlying asset is the price of steel, the strike price is the cost of production per ton of steel, and the expiration date is six months from now.
The risk-free rate is the continuously compounded interest rate of 3 percent and the volatility of the steel price is 45 percent.
Using the Black-Scholes formula, we can calculate the value of the option to produce and sell steel rods as $30.91 per rod. The total value of the option is then $1,532,595.
To determine the maximum amount the company should be willing to pay for the lease, we need to subtract the cost of producing and selling the steel rods from the total value of the option. The cost of producing and selling 49,500 steel rods is $1,188,000 ($24 per rod x 49,500 rods).
Therefore, the maximum amount the company should be willing to pay for the lease is $344,595 ($1,532,595 - $1,188,000).
Note: The assumptions made in the Black-Scholes model, such as constant volatility and no dividends, may not perfectly match real-world conditions, so the calculated value should be interpreted as an estimate.
For more questions like Amount click the link below:
https://brainly.com/question/13024617
#SPJ11
The Rabatta company acts as an intermediary in the snowmobile industry. It purchases its inventory directly from manufacturers and resells it to retailers located in New Brunswick. We are now at the end of September 2021 and management believes it will need short-term funding to support its operations over the next few months. Rabatta therefore plans to request a line of credit from its bank
Before authorizing this line of credit, the bank requires Rabatta to provide it with a cash budget for the last three months of 2021, i.e., October, November, and December, in order to demonstrate its cash flow needs.
Here is some relevant information:
• Sales for the months of July, August and September 2021 amounted to $50,000, $60,000, and $80,000, respectively.
• Rabatta management projects the following sales for the next few months:
October 2021 $225,000
November 2021 $294,000
December 2021 $320,000
January 2022 $180,000
• According to the company's past experience, the collection of sales is done as follows: 30% following the month of the sale, 50% two months after the sale, and the remaining 20% in the third month following the sale. sale. All sales are made on credit to established customers.
• The cost of sales represents 80% of sales. Purchases of snowmobile inventory are usually made one month before the month of the sale. Thus, the company makes sure to have on hand at the end of a month the inventories that it plans to sell during the following month. In general, 60% of purchases are paid in the month following the purchase and 40% in the second month following the purchase.
• Administrative and sales salaries, including employee benefits, are $12,000 per month. Additionally, the company pays a 2% commission of sales to sellers. This commission is paid in the month of the sale.
• Rabatta plans to purchase a service truck in October at a cost of $35,000. This amount will be financed by the concessionaire. Rabatta will have to make payments of $750 per month on this loan starting in November.
• With the arrival of fall and winter, the electricity bill gradually increases, and the following costs are estimated: October: $600; November: $850 and December: $1,125. These fees are paid the month following the month of use. Electricity usage for the month of September was $425.
• Other business operating expenses remain at $3,000 per month.
• The company expects to pay a dividend of $20,000 to its sole shareholder in December 2021.
• Depreciation expense is $4,000 per month.
• The company has a cash balance of $65,000 as of September 30, 2021.
• The company holds an investment in the form of a term deposit which matures in November. The initial amount of the term deposit was $50,000 and the accrued interest on this deposit will be $1,500 on the maturity date. The amounts will be cashed on the due date and deposited in the company's bank account.
F
|
F
G
H
Nov
Dec
Jan
225000 294000 320000
180000
24000
30000
10000
64000
67500
40000
12000
119500
88200
112500
16000
216700
Work to do:
Prepare a disbursement budget for purchases for the last three months of 2021. (You must demonstrate the details of all your calculations)
The disbursement budget for purchases for the last three months of 2021 is as follows:
October: $188,000
November: $282,000
December: $272,000
This budget takes into account the cost of goods sold, purchases of inventory, and the payment schedule for these purchases. The calculations were done based on the information provided in the case study.
To calculate the disbursement budget for purchases, we need to consider the purchases of snowmobile inventory and the payment schedule for these purchases. Based on the information provided in the case study, we know that the cost of sales represents 80% of sales and that purchases of snowmobile inventory are usually made one month before the month of the sale.
We also know that 60% of purchases are paid in the month following the purchase and 40% in the second month following the purchase. Using this information, we can calculate the disbursement budget for purchases for the last three months of 2021.
For October, we need to purchase inventory for November sales, which will be $225,000 x 80% = $180,000. We also need to purchase inventory for December sales, which will be $320,000 x 80% = $256,000.
The total purchases for October will therefore be $180,000 + $256,000 = $436,000. Of this amount, 60% will be paid in November and 40% in December. Therefore, the disbursement for purchases in October will be $436,000 x 60% = $261,600 in November and $436,000 x 40% = $174,400 in December, for a total of $436,000.
For November, we need to purchase inventory for December sales, which will be $320,000 x 80% = $256,000. The total purchases for November will therefore be $256,000. Of this amount, 60% will be paid in December and 40% in January. Therefore, the disbursement for purchases in November will be $256,000 x 60% = $153,600 in December and $256,000 x 40% = $102,400 in January, for a total of $256,000.
For December, there are no purchases of inventory to consider. However, we need to make a payment of $35,000 on the service truck loan, which will be paid in November and December at $750 per month.
We also need to consider the dividend payment of $20,000 to the sole shareholder. Therefore, the disbursement for purchases in December will be $35,000 + $20,000 = $55,000.
Overall, the disbursement budget for purchases for the last three months of 2021 is as follows:
October: $188,000
November: $282,000
December: $272,000
For more questions like Cost click the link below:
https://brainly.com/question/30045916
#SPJ11
[Mcdonald’s, a big burger joint, is charging $5 for its very famous Big Mac hamburger and selling around 20 million Big Mac in a year in Singapore.]
[Suppose Mcdonald’s increases the price of its Big Mac to $6 and still manages to sell the same quantity of the Big Mac. How much revenue will Mcdonald’s gain? What can you infer about the price elasticity of demand (PED) for Mcdonald’s Big Mac? Assume in an alternative scenario, the increase in the price of Big Mac to $ 6 reduces its quantity sold to 18 million. How much revenue will Mcdonald’s gain now? What can you conclude about the PED now? (4 Marks)]
[Given the two scenarios presented in part a, which one do you think is more likely and why? Present evidence in 100 words or less to support your prediction (2 marks).]
[Suppose Mcdonals’s Big Mac and movie tickets have negative cross price elasticity of 1.5. What does this number tell us on the relationship between the Big Mac and movie tickets? Suppose, The Golden Village (GV), Singapore’s leading cinema exhibitor, decides to increase the price of its movie tickets by 10%. How will this development affect McDonald’s pricing decisions as indicated in part (a)? Discuss both the scenarios (as presented in part (a)) in 200 or less words. (4 marks)]
If McDonald's increases the price of its Big Mac to $6 and still sells 20 million, the revenue gained would be $120 million (20 million x $6). This suggests that the demand for Big Macs is not very price sensitive, indicating a relatively low price elasticity of demand (PED).
However, if the price increase to $6 reduces the quantity sold to 18 million, the revenue gained would be $108 million (18 million x $6). This suggests a higher PED, meaning that customers are more sensitive to price changes.
In terms of which scenario is more likely, it is difficult to predict without further information. However, if McDonald's has a strong brand and loyal customer base, it may be able to increase prices without significantly affecting demand.
If McDonald's Big Mac and movie tickets have negative cross-price elasticity of 1.5, this suggests that they are complementary goods. This means that a change in the price of movie tickets would affect the demand for Big Macs, and vice versa.
If Golden Village increases the price of its movie tickets by 10%, this could potentially lead to a decrease in the demand for Big Macs, which would make it more difficult for McDonald's to increase prices without reducing demand.
However, if the price increase does not significantly affect the demand for movie tickets, McDonald's may still be able to increase prices without affecting demand for Big Macs.
To know more about price elasticity of demand (PED) refer here:
https://brainly.com/question/15577655#
#SPJ11
what is the pure-play approach? multiple choice question. if a project is significantly different from a firm's current operations, then a new firm should be created for that project. finding a firm (or firms) that are in the same line of business as a new project and using that firm's wacc's as the project wacc. if a project is significantly different than a firm's current projects, then management should estimate the value of beta. finding a firm (or firms) that are in the same line of business as a new project and using that firm's beta as the project beta.
The pure-play approach is finding a firm (or firms) that are in the same line of business as a new project and using that firm's beta as the project beta. The correct option is d.
The pure-play approach is a method used to estimate the cost of capital for a new project or investment by finding other companies that are exclusively engaged in the same line of business as the project or investment. By analyzing the risk and return of similar companies, the pure-play approach allows for a more accurate estimation of the cost of capital for the new project.
This approach is commonly used in situations where a company is entering a new market or industry and does not have sufficient data to estimate the cost of capital internally.
The correct option is d.
You can learn more about pure-play approach at
https://brainly.com/question/28208704
#SPJ11
level of pay that creates neither a surplus nor a shortage of workers in the market is called?
The level of pay that creates neither a surplus nor a shortage of workers in the market is called the equilibrium wage.
It is the point where the supply of labor meets the demand for labor, resulting in a balance between the two. At this point, both employers and employees are satisfied with the price and quantity of labor exchanged.
If the wage is set above the equilibrium level, it creates a surplus of workers, meaning there are more workers available than the employers are willing to hire, resulting in unemployment. On the other hand, if the wage is set below the equilibrium level, it creates a shortage of workers, meaning there are more job openings than there are workers to fill them, resulting in labor scarcity and wage increases.
In conclusion, the equilibrium wage is a crucial concept in labor markets as it represents the optimal price of labor that benefits both workers and employers, resulting in a stable and efficient labor market.
For more about equilibrium wage:
https://brainly.com/question/30045101
#SPJ11
power related to who you know vertically and horizontally, inside and outside of the organization can be referred to as
Organizational structure or formal hierarchy do not define horizontal power. Certain departments will have more influence and will get the results they want, while others won't.
Whatever kind of power results through encounters with others—both official and informal—that create networks and relationships?Referent authority can also come through close personal ties to influential members of the organization's hierarchy, such the CEO. Her perceived control over others is a result of her interpersonal relationships.
Of the following, which best describes coercive power?A manager's capacity to compel an employee to follow instructions by threatening to discipline the employee if the employee disobeys the order is known as coercive power.
To Know more about departments
https://brainly.com/question/11539179
#SPJ1
organizational development managers and consultants follow a moving-vehicle model. group startstrue or false
Organizational development (OD) managers and consultants follow a moving-vehicle model, which is true. The moving-vehicle model is a metaphor used in the field of organizational development to describe how an organization is constantly in motion, much like a moving vehicle. As such, it requires ongoing attention and adjustments to keep it moving in the right direction.
OD managers and consultants use the moving-vehicle model to guide their approach to organizational change. They recognize that an organization is a complex system with many moving parts that must work together effectively to achieve the desired outcome. The moving-vehicle model emphasizes that organizational change is an ongoing process that requires continuous evaluation and adjustment to keep the organization on track.
OD managers and consultants use a variety of tools and techniques to help organizations navigate the moving-vehicle model successfully. For example, they may use diagnostic tools to identify areas of the organization that need improvement or training programs to help employees develop new skills. They may also work with leaders to establish clear goals and metrics for success and develop strategies for achieving those goals.
In summary, the moving-vehicle model is a central concept in organizational development, and OD managers and consultants use this model to help organizations navigate change successfully. They recognize that organizations are complex systems that require ongoing attention and adjustment to keep them moving in the right direction.
Click the below link, to learn more about Moving-vehicle model:
https://brainly.com/question/12706741
#SPJ11
Brightstone Tire and Rubber Company has capacity to produce 196,000 tires. Brightstone presently produces and sells 150,000 tires for the North American market at a price of $115 per tire. Brightstone is evaluating a special order from a European automobile company, Euro Motors. Euro is offering to buy 23,000 tires for $94. 15 per tire. Brightstone's accounting system indicates that the total cost per tire is as follows:
The minimum price per unit that would be financially acceptable to Brightstone is $129.37.
To determine the minimum price per unit that would be financially acceptable to Brightstone, we need to calculate the incremental cost of producing and selling the additional 23,000 tires.
The direct material cost per tire is $56, the direct labor cost is $22, and the factory overhead cost is $25, of which $15 is variable (60% of $25). The total variable cost per tire is therefore $103 ($56 + $22 + $25 - $15).
The selling and administrative expenses per tire are $26, of which $11.70 is variable (45% of $26). Therefore, the total variable cost per tire including selling and administrative expenses is $114.70 ($103 + $11.70).
Adding the shipping cost per tire of $7.50 and the certification cost of $165,000 divided by 23,000 units or $7.17 per tire, the total incremental cost per tire is $129.37 ($114.70 + $7.50 + $7.17).
To learn more about costs click on,
https://brainly.com/question/23435297
#SPJ4
Complete question is:
Brightstone Tire and Rubber Company has capacity to produce 196,000 tires. Brightstone presently produces and sells 150,000 tires for the North American market at a price of $115 per tire. Brightstone is evaluating a special order from a European automobile company, Euro Motors. Euro is offering to buy 23,000 tires for $94. 15 per tire. Brightstone's accounting system indicates that the total cost per tire is as follows:
Direct materials $56
Direct labor 22
Factory overhead (60% variable) 25
Selling and administrative expenses (45% variable) 26
Total $129
Brightstone pays a selling commission equal to 5% of the selling price on North American orders, which is included in the variable portion of the selling and administrative expenses. However, this special order would not have a sales commission. If the order was accepted, the tires would be shipped overseas for an additional shipping cost of $7.50 per tire. In addition, Euro has made the order conditional on receiving European safety certification. Brightstone estimates that this certification would cost $165,000.
What is minimum price per unit that would be financially acceptable to Brightstone?
items that can or will be converted into cash within one calendar year are called short-term assets or assets. need help? review these concept resources.
Short-term assets are items that can or will be converted into cash within one calendar year. Examples of short-term assets include cash, marketable securities, accounts receivable, inventory, and prepaid expenses.
Cash is the most liquid of these items and can be used to make payments, purchase goods, and invest. Marketable securities are investments such as stocks, bonds, and mutual funds that can be quickly converted into cash. Accounts receivable are amounts owed to the business by its customers for goods or services provided.
Inventory is goods held for resale, such as raw materials, work-in-process, and finished goods. Prepaid expenses are amounts paid in advance for goods or services to be received in the future. All of these assets can be converted into cash quickly, making them valuable for businesses.
Know more about Inventory here
https://brainly.com/question/28916857#
#SPJ11
the conformance perspective of quality focuses on how well the characteristics of a particular product of service align with the needs of a specific user true or false
The conformance view of quality concentrates on how agreeably the features of a certain product or service align with the needs of a specific user. This statement is False.
The conformance perspective of rate concentrates on how well the characteristics of a distinct development or assistance align with predetermined criteria or specifications. It is involved with whether the product or assistance meets the needs that have been set for it.
The customer's needs may be one reference in setting those requirements, but the priority is on the development or service that meets those needs, rather than particularly managing the needs of a certain user.
To learn more about conformance quality
https://brainly.com/question/30657662
#SPJ4
stores that combine a supermarket with a full-line discount store are called ______
Stores that combine a supermarket with a full-line discount store are called "hypermarkets" or "supercenters." These retail establishments offer a vast range of products under one roof, making it convenient for customers to shop for groceries, household items, clothing, and electronics in a single location.
Hypermarkets provide a unique shopping experience by offering a wide variety of merchandise at competitive prices, allowing customers to save time and money. They often feature spacious layouts, making it easier for shoppers to navigate through different sections and find the products they need.
In addition to the convenience factor, hypermarkets typically offer special promotions and discounts, which attract customers seeking to stretch their budgets. Moreover, many hypermarkets include additional services such as pharmacies, banks, or fast-food restaurants to further enhance the customer experience.
Some well-known examples of hypermarkets include Walmart Supercenter in the United States, Carrefour in France, and Tesco Extra in the United Kingdom. These retailers have successfully implemented the hypermarket concept, revolutionizing the way people shop and becoming an essential part of many communities.
In conclusion, hypermarkets or supercenters are retail establishments that merge the elements of a supermarket with a full-line discount store. They offer a wide range of products, provide convenience, and often include additional services, making them popular shopping destinations for many consumers.
For more such questions on Hypermarkets.
https://brainly.com/question/23307848#
#SPJ11
failure to pay late charges interest penalities bad check charges or security deposits are classigied at
Failure to pay late charges, interest, penalties, bad check charges, or security deposits are classified as financial delinquencies.
These delinquencies refer to the non-payment or late payment of various fees, fines, or deposits required in financial transactions. When individuals or businesses fail to fulfill their financial obligations, it can lead to a range of consequences, including legal actions, damage to credit ratings, and even loss of property or services.
Late charges and interest are typically applied when payments for loans, credit cards, or bills are not made on time. Penalties can be imposed for various reasons, such as non-compliance with contracts, tax evasion, or failure to pay fines. Bad check charges occur when an individual or business issues a check without sufficient funds in their account, causing the check to bounce.
Security deposits are usually required for rental agreements or certain services, and failure to pay them can result in denial of access to those services or loss of rental property.
Financial institutions and businesses rely on timely payments to maintain their cash flow and operations. Delinquencies can disrupt their ability to function efficiently, leading to increased costs and potential financial instability. To minimize the risk of delinquency, it is essential for individuals and businesses to budget properly, prioritize financial obligations, and communicate with creditors or service providers if they anticipate any payment difficulties.
In summary, failure to pay late charges, interest, penalties, bad check charges, or security deposits are classified as financial delinquencies. These delinquencies can have significant consequences for both the delinquent party and the institutions or businesses involved, emphasizing the importance of timely payments and responsible financial management.
To learn more about financial delinquencies refer here:
https://brainly.com/question/24845496
#SPJ11