"The principal purpose of the cash budget is to see how much cash the company will have in the bank at the end of the year." Do you agree? Explain.
Answers
Cash budgets are typically prepared monthly with quarterly or semi-annual budget periods. This is an estimate of your monthly cash flow to reflect your account balance at the end of each month.
The main purpose is cash management to balance income and payments in order to have the surplus needed at the end of the month. Budgeting helps you plan how to spend your money. This ensures that you always have enough money for what you need and what is important to you.
If it turns out that your income for a particular month is not covered by your disposable income, the Cash budget will tell you with a negative number that you need to arrange for additional external funding.
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Related Questions
corporation meaning in simple terms
Answers
Answer: A corporation is a legal entity that is separate and distinct from its owners.
Hope this helps, make brainliest c:
1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?
Answers
Answer:
1. It shows you know how to do your job better.
Explanation:
It shows that you can respect your Client/Customer and have a better experience with you. Also it helps you to not get fired easily.
brainliest for the people who no why ro/blox not working to day
Answers
Here you go, Its in the picture.
Answer:
Try updating the game
Explanation:
A company's flexible budget for 19,000 units of production showed sales, $81,700; variable costs, $30,400; and fixed
costs, $12,000. The variable costs expected if the company produces and sells 12,000 units is:
Multiple Choice
Answers
After solving the given problem, the variable costs expected if the company produces and sells 12,000 units is $19,200.
Variable costs are expenses that change in proportion to the activity of a company. This means that as the level of production or sales increases, variable costs will also increase, and as production or sales decrease, variable costs will decrease as well.
The variable costs can be influenced by the company's decision to increase or decrease production or sales activities. Examples of variable costs may include costs of raw materials, direct labor, and sales commissions.
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what does customer with a problem expect from a customer service representative?
Answers
They should typically expect the customer service representative to be able to help them, locate, or do whatever is needed or asked for. They shouldn't be overrated, they should just know what to do.
how are stocks be calculated? what Is stock exchange?
Answers
Answer:
Stocks are a check on a certain holding in a public limited company. Different rights may accompany the stocks, but most often it gives its owner the right to attend and participate in elections at the company's annual general meeting, receive dividends from the company and sell the stock or holding to a third party. Stocks are issued at a certain nominal value, often $1 per share. If the stocks are listed on public stock exchanges, they are often referred to as "listed stocks", but when listing, an official price is created for stocks in the company and this makes it easier for stock owners to trade in the stocks. The company's multiplied by the price on the stock exchange is called the company's market value.
The long-term liability section of Twin Digital Corporation's balance sheet as of December 31, 2020, included 12% bonds having a face amount of $35 million and a remaining discount of $1 million. Disclosure notes indicate the bonds were issued to yield 14%. Interest expense is recorded at the effective interest rate and paid on January 1 and July 1 of each year. On July 1, 2021, Twin Digital retired the bonds at 104 ($36.4 million) before their scheduled maturity.
Answers
Answer:
1. Dr Interest Expenses $2,380,000
Cr Discount on Bonds Payable $280,000
Cr Cash $2,100,000
2. Dr Bonds Payable $35,000,000
Dr Loss on redemption of Bonds $2,120,000
Cr Discount on Bonds Payable $720,000
Cr Cash $36,400,000
Explanation:
Preparation of the necessary journal entries by Twin Digital on July 1 2021
1. Dr Interest Expenses $2,380,000
[$ (35 - 1 million) x 14% x 6/12]
Cr Discount on Bonds Payable $280,000
Cr Cash $2,100,000
[$35 million x 12% x 6/12]
(Being to record Interest paid)
2. Dr Bonds Payable $35,000,000
Dr Loss on redemption of Bonds $2,120,000
Cr Discount on Bonds Payable $720,000
[1 million - $280,000]
Cr Cash $36,400,000
[35 million x 104/100]
(Being to record Bonds called at 104)
Answer:
1. Dr Interest Expenses $2,380,000
Cr Discount on Bonds Payable $280,000
Cr Cash $2,100,000
2. Dr Bonds Payable $35,000,000
Dr Loss on redemption of Bonds $2,120,000
Cr Discount on Bonds Payable $720,000
Cr Cash $36,400,000
Explanation:
Preparation of the necessary journal entries by Twin Digital on July 1 2021
1. Interest Expenses $2,380,000 [$ (35 - 1 million) x 14% x 1/2]
Cash Payment $2,100,000 [$35 million x 12% x 1/2]
Discount on Bonds Payable [$2,380,000-$2,100,000 = $280,000]
2. Dr Bonds Payable $35,000,000 [Face Value]
Loss on redemption of Bonds $2,120,000 [Cash + Discount -Face Value]
Discount on Bonds Payable $720,000 [1,000,000- $280,000]
Cash $36,400,000 [35 million (face value) x 104/100 at premium]
What are Logistics careers?
Answers
There are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for the beginning of the course?
Answers
I think you should claim there to be racism and blame someone for being racist to you and that WILL show them that you are responsible and want best for them .
Hope this helped
Jeff
Each time Eddie's Cars sells a vehicle, the company receives a larger discount from the manufacturer. At the end of the fiscal year, the company often slashes its prices by several hundred dollars per car because that amount will be more than offset by the increased discount the company receives from the manufacturer. The manufacturer is giving Eddie's Cars ______. Multiple choice question. a seasonal discount zone pricing a cumulative quantity discount a slotting allowance
Answers
Answer:
a cumulative quantity discount
Explanation:
The cumulative quantity discount is the discount that is depend on the value of the good purchased over a time period. The discount would be applied for any kind of shipments that made within the timeframe.
Just like if wholesaler make an offer that if the purchase is done more than $5,000 so 5% discount is applied
So according to the given situation, it represent the cumulative quantity discount
If you take an assessment that measures your behavioral characteristics in certain situations, which inventory are you taking?
Answers
which of the following cause a deferred tax liability to occur? (select all that apply.) multiple select question. revenue being reported on the tax return after the income statement. expense being reported on the tax return before the income statement. expense being reported on the tax return after the income statement. revenue being reported on the tax return before the income statement.
Answers
An amount that is deducted on the tax return but not included as an expense on the income statement. Revenue included on the income statement but not on the tax return.
What is tax?Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.
A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer by a governmental organization to fund government spending and various public expenditures.
In 3000–2800 BC, the first recorded taxation was enacted in ancient Egypt. A violation of the law includes failing to pay on time and evading or resisting taxation.
Taxes can be paid in cash or in the work equivalent and can be either direct or indirect.
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Which of the following is NOT one of the three components of the Toyota Production System? A. respect for people B. standard work practice C. six sigma D. continuous improvement
Answers
(C) Six sigma is NOT one of the three components of the Toyota Production System.
The three components of the Toyota Production System are:
Just-in-Time (JIT)
Jidoka (Autonomation)
Kaizen (Continuous Improvement)
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Taxes on cigarettes are designed to a. lower the price to reflect their true benefits b . encourage farmers to grow more tobacco . raise the price to reflect their true costs d. restrict sales to government-owned stores
Answers
Answer:
c
Explanation:
A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes increases the price of a good. the aim of tax on cigarettes is to increase the price of cigarettes. this should discourage consumption of cigarettes. taxes on cigarette reflect the true cost of consuming cigarettes
ROI is a method used to evaluate ______.a. investment centers, but not cost or profit centersb. cost, profit, and investment centersc. cost and profit centers, but not investment centersd. profit and investment centers, but not cost centers
Answers
The correct option is b. ROI (Return on Investment) is a financial metric used to evaluate the profitability of an investment by calculating the ratio of the net profit or gain to the investment cost.
ROI (Return on Investment) can be applied to all types of investment centers, including cost, profit, and investment centers. For cost centers, ROI can be used to evaluate the efficiency and effectiveness of cost-reducing initiatives. For profit centers, ROI can be used to assess the profitability of business operations and the effectiveness of investment decisions. For investment centers, ROI is a crucial metric for evaluating the performance of capital investments, such as new products, expansion projects, and mergers and acquisitions.
ROI helps managers make informed decisions by providing a standardized measure of profitability that allows them to compare different investments and choose the most profitable ones. However, it's important to note that ROI should not be the only factor considered when making investment decisions, as it does not take into account other important factors such as risk, timing, and opportunity cost.
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a. for each investment project compute the net present value. b. for each investment project compute the profitability index. c. if the company can only select one project, which should it choose on the basis of profitability index?
Answers
a.) The NPV for project A is -$5,454.55. b.) The NPV for project B is -$10,909.09. c.) If the company should choose any of the projects A, B, or C because they all have the same PI (profitability index).
To determine the net present value (NPV) for each investment project, we need to calculate the present value of the expected annual cash flows and subtract the initial investment cost.
The NPV helps us understand the profitability of the project by considering the time value of money.
For project A:
1. Calculate the present value of the expected annual cash flows:
PV = Cash Flow / (1 + Discount Rate)ⁿ
where Cash Flow is $5,000 and n is the number of years (let's assume it's 1).
PV = $5,000 / (1 + 0.1)¹ = $5,000 / 1.1 = $4,545.45
2. Calculate the NPV by subtracting the initial investment cost:
NPV = PV - Initial Investment
NPV = $4,545.45 - $10,000 = -$5,454.55 (negative value indicates a loss)
For project B:
1. Calculate the present value of the expected annual cash flows:
PV = $10,000 / (1 + 0.1)¹ = $10,000 / 1.1 = $9,090.91
2. Calculate the NPV:
NPV = $9,090.91 - $20,000 = -$10,909.09
For project C:
1. Calculate the present value of the expected annual cash flows:
PV = $15,000 / (1 + 0.1)¹ = $15,000 / 1.1 = $13,636.36
2. Calculate the NPV:
NPV = $13,636.36 - $30,000 = -$16,363.64
To compute the profitability index (PI) for each project, we divide the present value of the expected cash flows by the initial investment cost.
For project A:
PI = PV / Initial Investment = $4,545.45 / $10,000 = 0.4545
For project B:
PI = $9,090.91 / $20,000 = 0.4545
For project C:
PI = $13,636.36 / $30,000 = 0.4545
The profitability index (PI) for all three projects is 0.4545.
If the company can only select one project based on the profitability index, it should choose any of the projects A, B, or C because they all have the same PI. The company should consider other factors such as strategic fit, risk, and potential future cash flows to make a final decision.
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The complete question is:
A company is considering three investment projects. The following table shows the initial investment cost, the expected annual cash flows, and the discount rate for each project:
Project Initial Investment Expected Annual Cash Flows Discount Rate
A $10,000 $5,000 10%
B $20,000 $10,000 10%
C $30,000 $15,000 10%
a. For each investment project, compute the net present value (NPV).
b. For each investment project, compute the profitability index (PI).
c. If the company can only select one project, which should it choose on the basis of profitability index?
1. Assume that Alice wants to send Bob a message with the confidence that Bob will know the message was not altered while in transit. What goal of cryptography is Alice trying to achieve? And how can it be achieved?
Answers
Alice is trying to achieve the goal of ensuring message integrity through cryptography. Message integrity ensures that the message remains intact and has not been altered during transit.
To achieve message integrity, Alice can use a cryptographic technique called message authentication codes (MACs) or digital signatures.
Message Authentication Codes (MACs): Alice can generate a MAC for the message using a symmetric key shared with Bob. The MAC is a small piece of data generated using a cryptographic hash function and the shared key. Alice appends the MAC to the message before sending it to Bob. Upon receiving the message, Bob recalculates the MAC using the same key and verifies that it matches the MAC sent by Alice. If the MACs match, Bob can be confident that the message has not been tampered with.
Digital Signatures: Alternatively, Alice can use digital signatures, which provide message integrity along with authentication. Alice generates a digital signature for the message using her private key (part of a public-private key pair). The signature is unique to the message and provides a cryptographic proof of its integrity. Alice sends both the message and the digital signature to Bob. Upon receiving the message, Bob uses Alice's public key to verify the signature's authenticity and integrity. If the signature is valid, Bob can be confident that the message is unaltered and originated from Alice.
Both MACs and digital signatures provide cryptographic mechanisms to achieve message integrity and assure Bob that the message has not been modified during transit. The choice between MACs and digital signatures depends on the specific requirements and security context of the communication scenario.
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If the price of a blu-ray disc player is three times the price of an mp3 player, then a blue-ray disc player contributes
a. more than three times as much to gdp as does a mp3 player.
b. less than three times as much to gdp as does a mp3 player.
c. exactly three times as much to gd
Answers
The blue-ray disc player contributes exactly three times as much to GDP as does a MP3 player that is option C is correct.
GDP or gross domestic product may be defined as the size of the country's economy over a specified period of time or within a financial year. It is the measure of the country's expenses and revenues within the financial year. If the price of the blue-ray disc is three times the price of mp3 player so the contribution will also be three times as the GDP solely depends on the prices of the entities purchased or bought within the country. It is neither higher nor it is lower than three times. GDP is an important feature in determining the country's progress as in today's world economy is one of the most important factors in determining progress of country. Most of the developed countries have their GDPs in great number.
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Amiri, who belongs to the Maori tribe, aspires to be a deputy sheriff in Upper Elm County. Amiri sports a small moko tattoo across his cheeks and nose as a symbol of his heritage. Per the dress code, however, sheriffs are not allowed to have any visible tattoos. Amiri is told that he will need to remove his tattoo before he can apply to be a deputy sheriff. Which of the following will hold true in this scenario?
a. Amiri will prevail in a national origin discrimination claim under Title VII of the Civil Rights Act of 1964 because his tattoo honors his heritage.
b. Upper Elm County can defend itself against Amiri's claim if it can be shown that the tattoo overlaps with his religion.
c. Upper Elm County can defend itself against Amiri's claim because a dress code is permissible under Title VII of the Civil Rights Act of 1964.
d. Amiri will prevail in a national origin discrimination claim if he uses the bona fide occupational qualification defense to show that his tattoo does not disrupt the dress code.
Answers
The following will hold true in this scenario Upper Elm County can defend itself against Amiri's claim if it can be shown that the tattoo overlaps with his religion.
What is religion?Religion is commonly defined as a social-cultural system of specified behaviors and practices, morals, beliefs, worldviews, texts, sanctified places, prophecies, ethics, or organizations that generally relate humanity to supernatural, transcendental, and spiritual elements; however, there is no scholarly agreement on what precisely constitutes a religion.
Amiri's accusation can be refuted by Upper Elm County because Title VII of the Civil Rights Act of 1964 permits dress codes. The Maori tribe member Amiri wants to work as a deputy sheriff in Upper Elm County.
Therefore, Thus option (B) is correct.
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Determine whether the function below represents growth or decay and the rate.* A(t)=12( 5
8
) −2t
*This question is worth four points. In order to receive full credit, you must show your work or justify your answer. This function shows a decay rate of 60.94. This function shows a decay rate of 156. This function shows a growth rate of 60.94. This function shows a decay rate of 39.06. This function shows a growth rate of 156. This function shows a growth rate of 256. This function shows a growth rate of 39.06. This function shows a decay rate of 256. This function exhibits properties of both growth and decay. This function exhibits properties of neither growth nor decay.
Answers
To determine if a function represents growth or decay, we need to check if its base is greater than 1 or less than 1. If the base is greater than 1, the function represents growth and if the base is less than 1, the function represents decay.
The given function is A(t)=12(58)−2t. We need to determine whether the function represents growth or decay and the rate. To determine if a function represents growth or decay, we need to check if its base is greater than 1 or less than 1. If the base is greater than 1, the function represents growth and if the base is less than 1, the function represents decay. Here, the base of the function is 5/8 which is less than 1. Hence, the function represents decay. Now, we need to find the decay rate. Decay rate formula is given as: Decay rate = 100% - (base)100% = (1 - base)100%We have base = 5/8Decay rate = (1 - 5/8)100% = (3/8)100% = 37.5% = 0.375We can write 0.375 in fraction form as 37.5/100Thus, the decay rate of the given function is 37.5%.Hence, the correct option is "This function shows a decay rate of 37.5%".This function exhibits properties of decay.
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An unstable government is one that __________.
A.
is democratically elected
B.
is authoritarian
C.
changes hands frequently
D.
provides for its citizens
Answers
Answer:
C
Explanation:
An unstable government is one that changes hand frequently.
When something is said to be unstable, it means that thing keeps fluctuating from one situation, value, or condition to another.
An unstable government is one in which those at the elms of affairs keep changing at frequent intervals. With each new administrator comes new policies. Hence, there are inconsistencies in policy formulation.
Correct option: C
Answer:
He is correct~
Explanation:
Renee is going to buy a new car that has a list price of $19,675. She will be responsible for $1,420 in vehicle registration fees, $85 in documentation fees, and 8. 92% sales tax. She plans to trade in her current car, a 2002 Buick LeSabre in good condition, and finance the rest of the cost over four years at an interest rate of 11. 34%, compounded monthly. If the dealer gives Renee 85% of the listed trade-in value for her car, what will her monthly payment be? Round all dollar values to the nearest cent. Buick Cars in Good Condition Model/Year 1998 1999 2000 2001 2002 Century $929 $1,086 $1,150 $1,488 $1,595 LeSabre $2,075 $2,282 $2,690 $2,935 $3,374 Regal $1,676 $1,794 $2,030 $2,214 $2,566 Riviera $1,291 $1,455 $1,520 $1,814 $1,959 a. $521. 96 b. $508. 80 c. $518. 80 d. $504. 46.
Answers
The correct statement is that the monthly payments on the purchase of a new car by Renee will be $655 on the interest rate of 11.34 percent for a period of four years.
The calculation of the value of the monthly payments to be made by Renee can be ascertained by computing all the costs of such transaction and then division by the number of months available.
Calculation of Monthly PaymentsThe total principal net value of the car comes down to $19945 after adding all the costs and deducting the trade-in value of the old car at 85% of the total value.
The formula for the calculation of total annuity is as below and the values given are being applied,
\(\rm Compounded\ Annuity= P(1+ \dfrac{r}{n})^n^t\\\\\rm Compounded\ Annuity=19945(1+0.00945)^4^8\\\\\rm Compounded\ Annuity= \$31450\)
Now the monthly payments over a period of four years will be,
\(\rm Monthly\ Payments = \dfrac{Annuity}{No. \ of\ Months}\\\\\rm Monthly\ Payments = \dfrac{31450}{48}\\\\\rm Monthly\ Payments = \$655\)
So, a monthly payment of $655 needs to be made in order to purchase such a car.
Hence, the correct statement is that the monthly payments on the purchase of a new car by Renee will be $655 on the interest rate of 11.34 percent for a period of four years.
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Market failures A. prevent the price system from attaining economic efficiency. B. are usually caused by government interference in the economy. C. encourage people to purchase more of a good than they really want. D. encourage businesses to produce more of a good than they really want to.
Answers
Answer:
A
Explanation:
Market failure is the economic situation defined by an inefficient distribution of goods and services in the free market.
carrie bought a house five years ago for $170,000. at that time she borrowed $160,000 from her bank. the house is now worth $182,000. her pmi will automatically be dropped when her mortgage balance drops to:
Answers
Carrie's PMI will be automatically dropped when her mortgage balance drops to 78% of the original purchase price ($132,600). However, without more information about her current mortgage balance and payment history, we cannot determine when this will occur.
Based on the information provided, a detailed answer to your question is as follows:
Carrie bought a house for $170,000 five years ago and borrowed $160,000 from her bank at that time. This means that her down payment was $10,000 (which is the difference between the purchase price and the amount borrowed). Now, the house is worth $182,000. However, we do not know how much of the mortgage balance is left after five years of payments.
Private mortgage insurance (PMI) is typically required when the borrower puts down less than 20% of the home's purchase price. Since Carrie borrowed $160,000 and put down $10,000 (which is less than 20%), she was likely required to pay PMI.
The PMI will automatically be dropped when the mortgage balance drops to 78% of the original purchase price. To calculate this, we first need to determine what 78% of $170,000 is:
0.78 x $170,000 = $132,600
This means that once Carrie's mortgage balance drops to $132,600 or below, her PMI will be automatically dropped. However, we do not know how much her current mortgage balance is or how much she has been paying towards it each month, so we cannot determine when exactly her PMI will be dropped.
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A demand loan for $6691.33 with interest at 7.2% compounded quarterly is repaid after 6 years, 4 months. What is the amount of interest paid?
The amount of interest is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
Answers
A demand loan for $6691.33 with interest at 7.2% compounded quarterly is repaid after 6 years, 4 months. The amount of interest paid is $3,746.12.
To calculate the amount of interest paid, we can use the formula for compound interest: A = P(1 + r/n)^(nt)
Where:
A = the final amount (loan + interest)
P = the principal amount (loan)
r = interest rate per period
n = number of compounding periods per year
t = number of years
Given:
Principal amount (P) = $6691.33
Interest rate (r) = 7.2% = 0.072 (expressed as a decimal)
Number of compounding periods per year (n) = 4 (quarterly compounding)
Number of years (t) = 6 years + 4 months = 6.33 years
Substituting these values into the formula, we can calculate the final amount (A):A = $6691.33(1 + 0.072/4)^(4*6.33)
A ≈ $10,437.45
To find the amount of interest paid, we subtract the principal amount from the final amount:
Interest = A - P = $10,437.45 - $6691.33 = $3,746.12
Therefore, the amount of interest paid is $3,746.12.
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What does ceteris paribus mean?
Answers
Answer:
rat
Explanatio
Answer these question
Answers
1. 100 bushels and p1
2. 150
3. as bushels become that big, it gets harder and harder to transport them, messing with the price compared to just buying two separate 100 bushels.
You have a full-time job and are also doing a part-time evening course. You now find that you cannot continue the course. Write a letter to the course tutor. In your letter • describe the situation • explain why you cannot continue at this time • say what action you would like to take
Answers
Answer:
To,
The Learning provider,
London City.
Dear Sir,
I am student of project management course. I have successfully completed level 1 and now currently pursuing level 2 at your institute. I want to inform you that I have got a full type Permanent job at a multinational organization. I will not be able to take this course in morning now due to job commitments. I wish to take my remaining course on evening or weekends. If there is not availability on weekends then i will not be able to continue my course at this time and will wish to freeze the course studies for now.
Hope to hear from you soon.
Regards,
Jason Mak.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Answers
company z has a cross purchase buy-sell agreement in place among its three founding partners. if the agreement is funded with individual life insurance, what would it require?
Answers
Since, Company Z has a cross purchase buy-sell agreement, and it is funded with individual life insurance then Each partner must own a policy on the other partners.
Using a cross-purchase agreement, a company's stakeholders or other owners can procure the preferences or securities of a partner who eventually died, has become disabled, or resigned. In order to ease that transfer of value, the method frequently varies depending on a policy of life insurance in the occasion of a death.
A cross-purchase agreement is generally used during business continuity plans to clarify how share capital can be dispersed or obtained by the remaining survivor's partners, such as a fractional distribution based on each partner's shareholding portion of the company.
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