Answer: The answer is provided below
Explanation:
It appears that Apple enjoys a (higher) price per share when compared to its 2007 earnings but a (lower) price when compared to the book value of the firm's equity. The (lower) market-to-book ratio for Apple reflects the fact that Apple has used a great deal (more) equity and (less) debt to finance its operations.
Apple will enjoy a higher price per share because Apple Corporation's shares closed at $ 133.64 while Dell Computer Corporation's stock closed trading at $ 27.76 per share. Also, the lower market-to-book ratio for Apple of $11.63 compared to Dell's market to book ratio of $15.42 shows that Apple used more of equity and less debt for its business.
Do you think GDP is the best indicator to measure the living standard of a country? Justify your answer (4 marks)
Explanation:
GDP is an indicator of a society's standard of living, but it is only a rough indicator because it does not directly account for leisure, environmental quality, levels of health and education, activities conducted outside the market, changes in inequality of income, increases in variety, increases in technology,
GDP is an accurate indicator of the size of an economy and the GDP growth rate is probably the single best indicator of economic growth, while GDP per capita has a close correlation with the trend in living standards over time.
Jamie Kerr is an hourly employee of Noonan Company located in Los Angeles. This week, Kerr had to travel to the company's regional office in Santa Fe. He left Sunday at noon and arrived in Santa Fe at 3:30 P.M. During the week, he worked his normal 40 hours in the Santa Fe office (Monday through Friday-9 A.M. to 5 P.M.). In addition, he attended the company's 3½-hour work training session on Wednesday evening. Kerr's hourly rate of pay is $26.90 per hour.
Round the interim computations to two decimal places and use the rounded answers in subsequent computations. Round the final answers to the nearest cent.
a. Kerr's overtime earnings for the week are
b. Kerr's total earnings for the week are
a) Kerr received $164.78 in weekly overtime pay. Individuals who work for a company and receive compensation are called employees. Under the heading "Income from salaries," earned salaries are taxable.
How does income relate to salary?For the purposes of income tax, the amount that an employee receives from his employer in any of the following forms during a fiscal year will be considered "Salary": Wages: Wages are a set amount of money that an employer pays its employees in exchange for their work.
In the Netherlands, what is the "30 rule"?Employees recruited from outside the Netherlands to temporarily work here can take advantage of the 30% facility. They are exempt from paying tax on up to 30% of their salary provided they meet the conditions for the 30% facility.
To learn more about income tax here:
https://brainly.com/question/17075354
#SPJ1
6) When you were leading your in-house team, you displayed optimism by your demeanor each day. How can you best instill a spirit of optimism with your new remote team?
A) Frame challenges as opportunities and provide the tools to meet those opportunities.
B) Frame challenges as a part of business life and encourage your team to find ways to overcome them.
C) Display your same optimistic attitude when you are on video calls with your remote team.
The best way to instill the spirit of optimism in the new remote team is to Display your same optimistic attitude when you are on video calls with your remote team. Thus, option D is correct.
Particularly when working remotely, your leadership style and attitude may have a significant influence on the morale and optimism of your team.
Building a positive and resilient mindset may also be aided by encouraging your team to overcome obstacles and highlighting the possibilities that problems present.
The leaders may assist to establish a positive mood among the team by consistently being cheery throughout video conferences and other interactions.
Learn more about optimism, here:
brainly.com/question/23313835
#SPJ1
According to the box “Making Ethical Decisions: Loyalty or Profitability?," a firm must give its employees __________ before closing and/or moving to another location
"Making Ethical Decisions: Loyalty or Profitability?" requires a firm to give its employees at least a notice period of 60 days before it can close shop or move to another location.
This requirement enables the employees to get prepared for the effects of the action on their employment status or relocation decisions.Typically, firms give the following reasons for making a relocation decision:
to reach new marketsto upgrade facilities or equipmentto lower costs or increase cash flowto start another line of business not suitable in the present locationto consider the quality of life of its employees.Thus, no matter the reason for closing or moving to another location, the firm should endeavor to give 60 days' notice to its employees.
Read more about making ethical decisions affecting employees at https://brainly.com/question/21329204
A company needs $8 million in new capital for expanded composites manufacturing. It is offering small-denomination corporate bonds at a deep discount price of $800 for a 4% $1000 face value bond that matures in 20 years and pays the dividend semiannually. Find the nominal and effective annual rates, compounded semiannually, that this company is paying per investor
Answer:
nominal interest rate = 4% annual
effective interest rate = 5.56% annual
Explanation:
the bond's nominal rate is basically the coupon rate
to calculate the bond's effective interest rate we must calculate its yield to maturity:
YTM = [coupon + [(face value - present value) / n]} / [(face value + present value) / 2]
coupon = $1,000 x 4% x 1/2 = $20FV = $1,000PV = $800n = 40YTM = [20 + [(1,000 - 800) / 40]} / [(1,000 + 800) / 2]
YTM = 25 / 900 = 2.777 semiannual ⇒ 5.56% annual
Julie is purchasing a home for $169,000.00. Her loan has been approved for a 30-year fixed-
rate loan at 5 percent annual interest. She will pay 20 percent of the purchase price as a down
payment. What is the total interest she will pay on her loan?
$135,200.87
$142,613.78
$126,168.64
$122,877.92
Answer:
Julie
The total interest she will pay on her loan is nearly:
= $126,168.64
Explanation:
a) Data and Calculations:
Cost of purchasing a home = $169,000
Downpayment (20% * $169,000) = $33,800
Amount of loan = $135,200 ($169,000 - $33,800)
Interest rate per annum = 5%
From an online financial calculator:
Loan Amount 135200
Loan Term 30 years
0 months
Interest Rate 5
Compound
Annually (APY)
Pay Back Every Year
Results:
House Price $169,000.00
Loan Amount $135,200.00
Down Payment $33,800.00
Total of 360 Mortgage Payments $261,281.82
Total Interest $126,081.82 on a monthly basis
Mortgage Payoff Date Jun. 2051
Payment Every Year $8,794.95
Total of 30 Payments $263,848.62
Total Interest $128,648.62 on a yearly basis
Select the correct answer.
Which action can help you become an effective learner?
OA enrolling in a graduate program
O B. limiting your learning to what you need for your career
OC. maintaining a positive attitude toward learning
OD. only exploring topics that interest you
Answer:
c
Explanation:
maintaining a positive attitude toward learning
Maintaining a positive attitude toward learning action can help you become an effective learner. Thus, option (c) is correct.
What is learning?The process of gaining new understanding, information, actions, abilities, values, perspectives, and preferences is known as learning. Humans, creatures, and some robots all have the potential to learn, and there is evidence that certain plants can learn as well. The process of acquiring new skills, information, knowledge, and values is known as education.
As an individual learns, a good attitude allows you to relax, remember, focus, and absorb information. When setbacks or obstacles occur, they will motivate those closest to them to do their all and help to drive projects forward. The best method to learn is to maintain a good attitude toward learning.
Therefore, option (c) is correct.
Learn more about on learning, here:
https://brainly.com/question/1503472
#SPJ2
"The stock market may not be the best place to put your money in the short run, but it is a pretty good place to put your money in the long run." What does this statement mean?
This statement means that one must invest for a long period of time in the stock market. Stocks provide investors with the greatest potential for long-term gain (capital appreciation). Investors who are willing to own equities for a lengthy period of time, say 15 years, have generally been rewarded with significant, positive returns.
The phrase stock market refers to a number of exchanges where shares of publicly traded corporations can be bought and sold. Such financial activities are carried out through regulated exchanges and over-the-counter (OTC) marketplaces that follow a set of rules.
Stock markets are essential components of a free-market economy because they provide democratized access to investor trading and capital exchange. Stock exchanges promote effective price discovery and trading.
Therefore, stock market is good place if we make a investment for a long period of time.
To learn more on stock market, here:
https://brainly.com/question/13400473
#SPJ1
Henry Ford's concept of
meant parts did not have to be custom built to match a particular car.
What companies value comparative advantage in their business decisions?
A favorable environment for producing a certain type of good gives a company a comparative advantage in producing that good.
What is an comparative advantage?The ability of an economy to produce a specific good or service at a lower opportunity cost than its trading partners is referred to as comparative advantage. The concept of comparative advantage is used to explain why companies, countries, or individuals benefit from trade.
A variety of factors influence comparative advantage. A comparative advantage allows a company to lower its finished product prices, potentially leading to more sales. Before designing and manufacturing products, a company should determine which ones have a comparative advantage.
Therefore, companies value favorable environment as an comparative advantage in their business decisions.
To learn more about comparative advantage, click here:
https://brainly.com/question/1322182
#SPJ1
Mark produced 9 cans of sauce with 3 pounds of tomatoes. When he increased to 5 pounds, he produced 13 cans. What is the marginal product?
Answer:
Marginal Product is 2
Explanation:
Marginal Product (MP) is defined as the ration of change in quantity of output produced to the change in quantity of input raw material
Change in quantity of input raw material \(= 5 -3 = 2\)
Change in quantity of output of products = 13 - 9 = 4
Marginal Product (MP) \(= \frac{4}{2} = 2\)
Marginal Product is 2
Which statements apply to a certificate of deposit (CD)? Choose two answers.
It is always purchased as a short-term investment.
It can be purchased from a banking institution.
It is always purchased as a long-term investment.
It can be purchased for almost any amount.
It is purchased through an individual's employer.
The statements that apply to a certificate of deposit include;
It can be purchased from a banking institution.It can be purchased for almost any amount.What is a certificate of deposit?A certificate of deposit is a low-risk investment where the owner fixes a sum of money in an account for a period of time after which he can collect the investment along with interest accrued.
Banks and credit unions are main financial institutions known for issuing certificates of deposits.
Learn more about deposit on:
https://brainly.com/question/1874937
Answer:
B,D
Explanation:
8. Wayne is an insurance company's AML compliance officer. He has been asked by FinCEN to provide the agency with a copy of the company's AML policy. What should Wayne do
Based on the information given about the insurance company, the thing that Wayne should do is D. Immediately provide a copy of the company's AML policy as requested.
It should be noted that the anti laundering policy helps financial institutions in combatting money laundering.
Since the insurance company's AML compliance officer has been asked by FinCEN to provide the agency with a copy of the company's AML policy, he should immediately provide a copy of the company's AML policy as requested.
Learn more about insurance on:
https://brainly.com/question/25855858
One pillar of hypersociality involves focusing on _____, which are based on group behavioral characteristics.
Question 11 options:
a)
product reviews
b)
market segments
c)
theories
d)
tribes
The 4 pillars of Hyper-Sociality, according to Gossieaux and Moran are: ditch market segments, suppose tribes. forget about statistics channels, leverage knowledge networks. let go of company-centricity, emerge as human-centric.
What must hypersocial organizations forget about records channels and concentrate on team of reply choices?Hypersocial groups need to overlook records channels and concentrate on: knowledge networks.
the categories of social networks and on line media that together constitute social commerce: social networking sites, team shopping for platforms, peer-to-peer e-commerce platforms, suggestion internet sites, participatory e-commerce, social advice, user-curated shopping.
Learn more about pillars of Hyper-Sociality here:
https://brainly.com/question/30019773#SPJ1Hello, please help me with this paper, I understand it's long and requires a lot of work, but all the help is appreciated! Thank you so much!
prepare a final paper that describes an organization (one that you envision, but feel free to incorporate aspects from an existing organization if you choose) that possesses an “ideal HR department” that ultimately leads to “creating a great place to work”.
This Paper should make reference to an “ideal HR department” that ultimately leads to “creating a great place to work” incorporating the following topics taken from our coursework:
- Creating a Great Place to Work
- The New Human Resource Management Process
- Strategy-Driven Human Resource Management & The Legal Environment and Diversity Management
- Workplace Planning - Job Analysis, Design, and Employment Forecasting
- Recruiting Job Candidates & Selecting New Employees
- Learning & Development and Performance Management and Appraisal
- Rights & Employee Management and Employee & Labor Relations
- Compensation Management
- Incentive Pay & Employee Benefits
- Workplace Safety, Health, & Security
- Organizational Ethics, Sustainability, and Social Responsibility
This Paper should be six (6) pages in length (minimum), including the cover page and references page, and must include four (4) citations (minimum). In-text citations should also be used as appropriate.
Be sure to include:
Title Page
An executive summary that can include bullet formatting
A well-developed thesis statement and supporting statements tied together to form an effective paper
Presentation of research findings to support your work on this topic
A strong, short conclusion summarizing your paper
Reference Page
In your research for this assignment, you will need to find at least four (4) sources. Proper in-text citation of your sources is required any time you use information from them. This includes any time you use someone else's ideas or paraphrase their words, as well as when you directly quote them. APA style format is required for your in-text citations and reference list.
Answer:
use prezi
Explanation:
survey of top executives revealed that 35% of them regularly read Time magazine, 20% read Newsweek, and 40% read U.S. News & World Report. A total of 10% read both Time and U.S. News & World Report.
1) What is the probability that a particular top executive reads either Time or U.S. News & World Report regularly?
2) What is the probability 0.10 called?
3) Are the events mutually exclusive ? Explain
Answer:
1) the probability that the executive reads Time magazine = 0.35
the probability that the executive reads U.S. News & World Report = 0.40
the probability that he/she reads both = 0.10
the probability that the executive reads either Time or U.S. News & World Report = 0.35 + 0.40 - 0.10 = 0.65 = 65%
2) intersection
3) they are not mutually exclusive, they are independent from each other, i.e. the executive can read Time magazine first and then US News and World Report, vice versa, or only read one of them
Suppose you obtain a 30-year mortgage loan on which you have to pay 7.5% (fixed) interest rate. Further suppose that both you and your lender anticipate inflation will average 3.0% during the life of the loan. Now suppose the inflation rate during the term of the loan is actually 1.0% per annum. It follows that your real rate of interest is _ and, ceteris paribus, _ better off as a result of the difference between the anticipated and the actual rate of inflation.A. 3.0%, you areB. 8.5%, your lender isC. 4.0%, you areD. 6.5%, your lender is
The real rate of interest is calculated as the nominal interest rate minus the inflation rate. the correct answer is D
Nominal interest rate = 7.5%
Inflation rate = 1.0%
Real rate of interest = Nominal interest rate - Inflation rate
Real rate of interest = 7.5% - 1.0%
Real rate of interest = 6.5%
Therefore, The real rate of interest is 6.5%, and the lender is better off as a result of the difference between the anticipated and the actual rate of inflation. When inflation is lower than anticipated, lenders benefit because they receive loan payments with a higher purchasing power than they expected. In this case, the borrower (you) will pay back the loan with dollars that are worth more than the lender anticipated, effectively giving the lender a higher return on the loan. The borrower, on the other hand, is worse off because they are paying a higher real rate of interest than they expected.
To learn more about rate of interest here:
https://brainly.com/question/13324776
#SPJ4
Suppose that you interview 1000 exiting voters about who they voted for governor. Of the 1,000 voters, 550 reported voting for the Democratic candidate. Is there sufficient evidence to suggest that the Democratic candidate will win the election at the .01 level? (Please step by step)
You are an economics professor teaching large sections of Principles courses this semester. Within the first week of class,
several students have approached you with concerns about exam and homework due dates. They fear they won't do well
because the due dates for your class conflict with the dates for their other classes. You want to allocate exam and homework
due dates to the days most valued by students, but sifting through the opinions of hundreds of students presents a challenge.
The MOST efficient allocation would result if you:
design a predictions market for students to designate when they think the dates will be.
b. create an internal market for students to bid for their preferred dates.
C.
use your centralized power as a professor to assign the dates without student input.
d. determine that you have a knowledge problem when assigning dates
The MOST efficient allocation of exam and homework due dates for students who have concerns due to conflicting schedules with other classes is to create an internal market for students to bid for their preferred dates.The correct answer is option-b.
A market is the most efficient mechanism for allocating goods and services according to the preferences of consumers. Students who have conflicting schedules can bid for their preferred exam and homework due dates through an internal market.
This method has the advantage of providing the exam and homework due dates to those who are willing to pay the most for them. By using the internal market, the professor can allocate the dates in the most efficient manner without sifting through the opinions of hundreds of students.
This method is also fair as it gives students the opportunity to choose their preferred dates based on their schedule constraints, and it reflects the value that students place on certain exam and homework due dates.
Therefore, the correct answer is option-b.
For more question on market
https://brainly.com/question/30665904
#SPJ8
A European call and put option on the same security both expire in three months, both have a strike price of 20, and both sell for the price 3. If the nominal continuously compounded interest rate is 10% and the stock price is currently 25 , identify an arbitrage.
Answer:
Call payoff = Max [0, Stock price - Strike price]
Call payoff = Max[0,25-20]
Call payoff = 5
Put payoff = Max[0, strike price - stock price]
Put payoff = max[0,20-25]
Put payoff = 0
Strike price = K = 20
Stock price = S = 25
interest rate = 10% = 0.1
Time to expiry = T = 3 months = 3/12 = 0.25
Put call parity: C + K*Exp(-r*T) = P + S
C = P + S - K*Exp(-r*T)
Call = 3 + 25 - 20*exp(-0.1*0.25)
Call = 28 - 19.5062 =
Call = 8.4938 > 3
So, yes there is an arbitrage . Implied value is 8.4938 but trades at 3.00; Call option is trading cheap hence we should buy more call options.
Which situation best illustrates the process of capital formation?
A. A pilot tries to save
money by limiting her weekly spending.
B. A banker takes out a high-interest loan to buy a new car.
C. A restaurant server decides to use his savings to buy stock in a
business.
D. A farmer diversifies his crops by growing many different kinds.
Answer: C
Explanation: A.P.E.X
Answer:c
Explanation:
LA Company has a beginning cash balance of $6,000, cash receipts of $12,000, cash payments of $7,200 and an outstanding loan balance of $1,500. Their preliminary cash balance is $
Based on the information given their preliminary cash balance is $9,300.
Preliminary cash balanceUsing this formula
Preliminary cash balance= Beginning cash balance + cash receipts- cash payment -outstanding loan balance
Let plug in the formula
Preliminary cash balance=$6,000+$12,000-$7,200-$1,500
Preliminary cash balance=$9,300
Inconclusion their preliminary cash balance is $9,300.
Learn more about preliminary cash balance here:https://brainly.com/question/17270007
Answer:
10800
Explanation:
annuity repayment vs level principal repayment. can you compare these payments methods
Answer: See explanation
Explanation:
Annuities are referred to as the loans that one would have to pay back over a period of time with a particular interest rate. It should be noted that annuities have consistent payments for the period that the loan will be paid back. An example of annuity is the car loan or the mortgage.
For a level principal loan, it should be noted that the principal payment will remain constant and won't change while there'll be a reduction in the interest rate over the period that the loan will be paid back. This means that there will be w reduction in the payments as the time progresses.
Get in the habit of using the term "we" rather than "I" when
referencing ideas/research throughout the presentation and the Q/A. True or false ?
The answer is true. Through a presentation, a speaker imparts knowledge to an audience. The typical goals of a presentation are to inform, persuade, inspire, motivate, foster goodwill, or propose a novel concept or service.
Speeches, introductions, lectures, and demonstrations are all examples of presentations. Divide your audience into these three categories to better focus your message: You must include an introduction, a body, and a conclusion in audience presentation. An intriguing start. Explain why your audience will find what you're about to talk about in your introduction valuable or important while providing a brief summary of it. Give the supporting information in a body.
To learn more about Presentations, click here.
https://brainly.com/question/1802560
#SPJ1
QUESTION 1 (a) Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income statement Sales Costs RM23,000 13,100 RM9,900 Assets Balance Sheet Debt Equity RM10,000 Total RM10,000 RM4,200 5,800 Net income Total RM10,000 The company has predicted a sales increase of 11 percent. It has predicted that every item on the balance sheet will increase by 11 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here? (15 marks) (b) Mountain Frost is considering a new project with an initial cost of RM195,000. The equipment will be depreciated on a straight-line basis to a zero book value over the four-year life of the project. The projected net income for each year is RM19,800, RM20,700, RM24,600, and RM16,700, respectively. Calculate the average accounting return (AAR)? (5 marks) (c) An investment project has annual cash inflows of RM2,800, RM3,700, RM5,100, and RM4,300, for the next four years, respectively. The discount rate is 11 percent. Calculate the discounted payback period for these cash flows if the initial cost is RM5,200? (5 marks) (Total: 25 marks)
(a) The plug variable in this case is RM0.
(b) AAR (20.77%) provides information about the project's profitability and can be used to evaluate it in comparison to other investment options.
(c) That the four-year window at the specified discount rate does not result in a full recovery of the starting cost.
The plug variable is equal to the difference between the total assets and the total of the debt and equity, which is equal to RM11,100 - (RM4,662 + RM6,438) = RM0. RM0 serves as the plug variable in this scenario.
(RM19,800, RM20,700, RM24,600, and RM16,700) divided by four equals RM20,200. RM195,000 / 2 = RM97,500.
The project's AAR is therefore RM20,200 / RM97,500, which is 0.2077 or 20.77%.
The fourth year's cash inflow has a present value of RM3,139.47, and RM5,200 minus RM12,232.11 plus RM3,139.47 equals RM-3,892.64 in order to reach the beginning cost. As a result, the discounted repayment term is 3 years, which is equal to 1.24 years (RM-3,892.64 / RM3,139.47).
As a result, the significance of the following are the statement are the aforementioned.
Learn more about on plug variable, here:
https://brainly.com/question/22520208
#SPJ1
C. Imagine you Deposit K10, 000 every six months for the next five years at an interest rate of 10% per annum. You would want to know what this value will be at the end of the period.
Required:
i. Using simple interest (5 Marks)
ii. Using compounded interest (5 Marks)
iii. If the deposits were made at the beginning of every six months (5 Marks)
iv. If the deposits were made at the end of every six months (5 Marks
i) Using simple interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K127,500.
ii) Using simple interest, if the deposits were made at the end of every six months, the ending (future value) would be K122,500.
iii) Using compounded interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K132,067.87.
iv) Using compounded interest, if the deposits were made at the end of every six months, the ending (future value) would be K125,778.93.
What differentiates simple interest from compound interest?The difference between simple interest and compound interest is that simple interest is only based on the principal.
On the other hand, compound interest computes interest on both the principal and accumulated interest.
Simple Interest (Deposits at Beginning):Period Principal Interest Balance
1 K10,000 K500 K10,500 (K10,000 + K500)
2 20,000 1,000 21,500 (K10,500 + K10,000 + K1,000)
3 30,000 1,500 33,000
4 40,000 2,000 45,000
5 50,000 2,500 57,500
6 60,000 3,000 70,500
7 70,000 3,500 84,000
8 80,000 4,000 98,000
9 90,000 4,500 112,500
10 100,000 5,000 127,500
Simple Interest (Deposits at Ending):Period Principal Interest Balance
1 K10,000 K0 K10,000
2 20,000 500 20,500 (K10,000 + K10,000 + K500)
3 30,000 1,000 31,500
4 40,000 1,500 43,000
5 50,000 2,000 55,000
6 60,000 2,500 67,500
7 70,000 3,000 80,500
8 80,000 3,500 94,000
9 90,000 4,000 108,000
10 100,000 4,500 122,500
Compound Interest at Ending:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = K125,778.93
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K25,778.93
Compound Interest at Beginning:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = $132,067.87
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K32,067.87
Learn more about simple interest and compound interest at brainly.com/question/3402162
#SPJ1
People in societies where uncertainty avoidance is high want
Answer:
I don't see any options.
Zachary Pointers Corporation expects to begin operations on January 1, year 1; it will operate as a specialty sales company that sells laser pointers over the Internet. Zachary expects sales in January year 1 to total $330,000 and to increase 15 percent per month in February and March. All sales are on account. Zachary expects to collect 68 percent of accounts receivable in the month of sale, 20 percent in the month following the sale, and 12 percent in the second month following the sale.
Required:
a. Prepare a sales budget for the first quarter of year 1.
b. Determine the amount of sales revenue Zachary will report on the year 1 first quarterly pro forma income statement.
c. Prepare a cash receipts schedule for the first quarter of year 1.
d. Determine the amount of accounts receivable as of March 31, year 1.
a. Year 1's first quarter sales budget: Month January February March Total Sales $330,000 $379,500 $436,425 Sales revenue for the first quarter of the year 1 pro forma income statement: $1,145,925
Prepare a sales budget for the first quarter of year 1.Revenue January February March Total Sales $330,000 $379,500 $436,425 $1,145,925
Total $330,000 $379,500 $436,425 $1,145,925
c. The cash receipts plan for the first quarter of year 1 is as follows:
Month January February March Total Sales $330,000 $379,500 $436,425 $1,145,925 Collection $224,400 $145,725 $121,174 $491,299
Total amount of money: $224,400, $370,125, $491,299, $1,085,824
d. Receivables as of March 31 of the first year:
Month December January February March Total Opening balance$0 $49,500 $142,425 $191,925
Credit sales$330,000 $379,500 $436,425 $1,145,925
Less: accumulation$145,725 $121,174 $224,400 $491,299 Closing balance$105,600 $283,275 $457,676 $846,551
To Know more about Sales Visit:
brainly.com/question/29857652
#SPJ1
which option is best described as a complementary good for trucks?
A. truck blogs
B. Truck Fuel
C. Truck factories
D. Truck regulations
The option that is best described as a complementary good for trucks is A. truck blogs.
What is complementary good ?A good that adds value to another good or service is said to be complimentary. To put it another way, they are two items that the client uses in tandem with one another. For instance, cereal and milk or a DVD and a DVD player.
A complementary good in economics is one whose appeal rises along with the appeal of its counterpart. Technically speaking, it exhibits a negative cross elasticity of demand, meaning that when the price of one commodity lowers, demand for it also rises.
Therefore, option A is correct.
Learn more about good at:
https://brainly.com/question/25785890
#SPJ1
Last year, loana's revenues totaled $121,000. This year, she anticipates a 20% increase. However, her
expenses, which totaled $97,000 last year, are expected to increase 25%. How much more/less will loana
earn compared to last year?
$23,950 MORE due to 25% of 97,000 added on which is 121,250, and then add 20% of 121,000 onto that and subtract 121,250 off your new total to get $23,950.