You are creating a budger for your new business. What should you include?
A All income and expenses.
B. Faed expenses but not income.
C. Income but mot variable expenses.
D. Fixed and variable expenses but not taxes.

Answers

Answer 1

Answer:

I guess the answer is first(A)


Related Questions

Riverbed Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building $228,800, and equipment $83,200. At what amounts should each of the three assets be recorded

Answers

Answer:

Land=$54,600, Building = $200,200, Equipment = $72,800

Explanation:

Total Asset Fair Value = Land + Building + Equipment

Total Asset Fair Value = 62,400 + 228,800 + 83,200

Total Asset Fair Value = 374,400

Recorder Amount

Land = 62,400 / 374,400 * 327,600 = $54600

Building  = 228,800 / 374,400 * 327,600 = $200200

Equipment = 83,200 / 374,400 * 327,600 = $72,800

There is a zero coupon bond that sells for $4,550.90 and has a par value of $10,000. If the bond has 18 years to maturity, what is the yield to maturity'? Assume semiannual compounding.
A. 4.47%
B. 4.27%
C. 4.31%
D. 4.24%
E. 4.42%

Answers

Answer:

E. 4.42%

Explanation:

Calculation for the yield to maturity

First step is to calculate the Current price using this formula

The Current price=Par value/(1+yield to maturity/2)^(2*Time period)

$4,550.90=$10,000/(1+yield to maturity/2)^(2*18)

(1+yield to maturity/2)^36=($10,000/$4,550.90)

1+yield to maturity/2=($10,000/$4,550.90)^(1/36)

Now let calculate the yield to maturity

Yield to maturity/2=1.0221092-1

Yield to maturity=0.0221092*2

Yield to maturity=0.0442*100

Yield to maturity=4.42%

Therefore the Yield to maturity will be 4.42%

what is accountancy​

Answers

Accountancy is accountants have long coffee

You own a stock portfolio invested 40 percent in Stock Q, 25 percent in Stock R, 20 percent in Stock S, and 15 percent in Stock T. The betas for these four stocks are .93, 1.10, 1.10, and 1.28, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

the portfolio beta is 1.06

Explanation:

The computation of the portfolio beta is shown below:

The Beta of the Portfolio is

= Stock Q Weight × Beta of Stock Q + Stock R Weight  × Beta of Stock R + Stock S Weight × Beta of Stock S + Stock T Weight × Beta of Stock T

= 0.93 × 0.4 + 1.1 × 0.25 + 1.1 × 0.2 + 1.28 × 0.15

= 1.06

hence, the portfolio beta is 1.06

We simply applied the above formula so that the correct value could come

And, the same is to be considered

On January 1 a man deposit $5000 in a credit union that pays 8% interest, compounded annually. He wishes to withdraw all the money in five equal end-of-years sums, beginning December 31st of the first year. How much should he withdraw each year?

Answers

Answer:

he should withdraw $1,252.5 each year.

Explanation:

The computation is shown below:

Given that

Initial deposit (P) = $5,000

n = 5

i = 8%

Now the withdrawal amount is  

AW = P(A/P, i, n)

= $5,000 (A/P, 8%, 5)

= $5,000(0.2505)

= $1,252.5

Therefore, he should withdraw $1,252.5 each year.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Write a sample greeting you would record on your professional cell phone to be heard by employers and recruiters if they reach your voice mail.

Answers

Answer:

This is (your name) with (say the company) I can not come to the phone right now but please leave a message and I will call you back.

Answer: Hello, you’ve reached (Your First and Last Name).

Sorry I wasn’t able to take your call, but please leave your name and a detailed message and I’ll get back to you.

Have a great day.”

The Open Grill incurred the following costs in acquiring a new piece of land:


Cost of the land $ 80,000
Commissions 4,800
Liability insurance for the first year 1,200
Cost of removing existing building 20,000
Sale of salvaged materials (4,000 )
Total costs $ 102,000

What is the total recorded cost of the land?
a. $102,000.
b. $100,800.
c. $106,000.
d. $80,000.

Answers

Answer:

b. $100,800.

Explanation:

Calculation for the total recorded cost of the land

Cost of the land $ 80,000

Add Commissions $4,800

Add Cost of removing existing building $20,000

Less Sale of salvaged materials ($4,000 )

Total recorded cost of land $100,800

Therefore the total recorded cost of the land will be $100,800

If tremaine waited until he had $30,000 saved for a down payment, what would his monthly payment be

Answers

Answer:

The first part of the question is missing, so I looked for a similar question and found this:

Tremaine wants a one bedroom townhouse in a trendy new development downtown; average cost is $145,000.  He is preapproved for a 4.38% interest rate on a 30-year fixed mortgage and has saved $15,000 for a down payment.

What will Tremaine’s monthly payment be? How much total interest will he pay over the course of the mortgage If Tremaine waited until he had $30,000 saved for a down payment,  what will his monthly payment be?  

1. Tremaine's loan = $145,000 - $15,000 = $130,000

monthly payment = loan / annuity factor

PV annuity factor, 0.365%, 360 periods = 200.1694

monthly payment = $130,000 / 200.1694 = $649.45

2. total payments = $649.45 x 360 = $233,802

total interests paid = $233,802 - $130,000 = $103,802

3. Tremaine's loan = $145,000 - $30,000 = $115,000

monthly payment = loan / annuity factor

PV annuity factor, 0.365%, 360 periods = 200.1694

monthly payment = $115,000 / 200.1694 = $574.52

His monthly payment will be $574.52

Here, we will use the PMT function in Excel to calculate the Monthly loan payment.

Loan amount (Pv) = Cost of house - Down payment = $145,000 - $30,000 = $115,000.

Given information

Rate = 4.38% / 12

Nper = 30*12 = 360

PV = 115,000

Monthly payment = PMT(Rate, Nper, Pv)

Monthly payment = PMT(4.338%/12, 360, 115000)

Monthly payment = $574.52

Therefore, tremaine's monthly payment on the loan will be $574.52.

Missing information includes " Wants a one bedroom townhouse in a trendy new development downtown; average cost is $145,000 ● Is preapproved for a 4.38% interest rate on a 30-year fixed mortgage ● Has saved $15,000 for a down payment"

See similar solution here

brainly.com/question/23994168

Ivanhoe Corporation has fixed costs of $507,200. It has a unit selling price of $9.00, unit variable cost of $7.35, and a target net income of $1,552,000.

Required:
Compute the required sales in units to achieve its target net income.

Answers

Answer:

Break-even point in units= 1,248,000

Explanation:

Giving the following information:

Unitary contribution margin= 9 - 7.35= $1.65

Fixed costs= $507,200

Desired profit= $1,552,000

To calculate the number of units to be sold, we need to use the following formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (507,200 + 1,552,000) / 1.65

Break-even point in units= 1,248,000

Nicole worked for 6 hours and 15minutes how should she write that on her time card

Answers

Answer:

6.25 hours

Explanation:

In the ____ and ____ stages of product life cycle, firms often set priorities on growth and/or market share

Answers

Answer:

In the introduction and early growth stages of the product life cycle, firms often set priorities on growth and/or market share

Explanation:

Jim had a car accident in 2019 in which his car was completely destroyed. At the time of the accident, the car had an adjusted basis of $40,000. Jim used the car 100% of the time for business use. He received an insurance recovery of 70% of the value of the car at the time of the accident. If Jim’s AGI for the year is $60,000, determine Jim's deductible loss on the car.

Answers

Answer:

the deductible loss on the car is $12,000

Explanation:

The computation of the Jim deductible loss on the car is shown below:

Given that

Car value = $40,000

Insurance recovery = 70%

Now the deductible loss is

= Car value - (car value × insurance recovery)

= $40,000 - ($40,000 × 70%)

= $40,000 - $28,000

= $12,000

hence, the deductible loss on the car is $12,000

A global organization headquartered in London that represents over 200 consumer groups in more than 100 nations is called: Multiple Choice Consumers Union. Consumers International. Public Interest Research Group. Public Citizen.

Answers

Answer:

Consumer international

Explanation:

Consumer international is am organisation that have members that are consumer groups around the world.

Presently they have members of 250 consumer groups in 120 countries around the world.

The headquarters not the organisation is in London. While it has branches in Latin America, Asia Pacific, Africa, and the Middle East.

They focus on consumer protection. Ensuring that member groups get the best products at the cheapest rates

True or false: The main purpose of managerial accounting is to provide general-purpose financial statements

Answers

Answer:

False

Explanation:

managerial accounting is simply the sorting or gathering/preparing of accounting information that is to be used within a company. It help to ensure the organization's goals are met effectively and efficiently.

Functions of Management Accountant includes Planning(deciding on the long-term direction of the company e.g. making budget)

Widmer Company had gross wages of $301,000 during the week ended June 17. The amount of wages subject to social security tax was $270,900, while the amount of wages subject to federal and state unemployment taxes was $38,000. Tax rates are as follows:
Social security 6.0%
Medicare 1.5%
State unemployment 5.4%
Federal unemployment 0.8%

The total amount withheld from employee wages for federal taxes was $60,200.

If an amount box does not require an entry, leave it blank. If required, round answers to two decimal places.

a. Journalize the entry to record the payroll for the week of June 17.
June 7

b. Journalize the entry to record the payroll tax expense incurred for the week of June 17.
June 7

Answers

Answer:

Widmer Company

a. Journal Entry:

Debit Payroll Expense $301,000

Credit Payroll Payable $218,728.50

Credit Payroll Tax Payable $82,271.50

To record the payroll for Week June 17.

b. Journal Entry to record payroll tax expense

Debit Payroll Tax Payable $82,271.50

Credit Cash $82,271.50

To record the payroll tax expense incurred for Week June 17.

Explanation:

a) Data and Calculations:

Gross wages = $301,000

Period = Week ended June 17

Wages subject to social security tax = $270,900

Social security tax rate = 6%

Social security tax = 6% of $270,900 = $16,254

Medicare tax rate = 1.15%

Medicare tax = 1.15% of $301,000 = $3,461.50

State unemployment rate = 5.4%

Federal unemployment rate = 0.8%

Wages subject to federal and state unemployment taxes = $38,000

State unemployment tax = 5.4% of $38,000 = $2,052

Federal unemployment tax = 0.8% of $38,000 = $304

Federal tax withheld = $60,200

Gross wages =                                     $301,000

Social security tax =             $16,254

Medicare tax =                       $3,461.50

State unemployment tax =   $2,052

Federal unemployment tax =  $304

Federal tax withheld =       $60,200

Total tax and deductions =                  $82,271.50

Net pay =                                            $218,728.50

An agreement to purchase goods and services with a specified percentage of proceeds from an original sale in that country from any firm in the country is called:

a. a counterpurchase.
b. an offset.
c. switch trading.
d. spot trading. barter.

Answers

Answer:

B)an offset.

Explanation:

Assume that the risk-free rate is 6% and the market risk premium is 8%.

What is the expected return for the overall stock market? Round your answer to two decimal places.
___________ %

What is the required rate of return on a stock with a beta of 1.9? Round your answer to two decimal places.
___________ %

Answers

Answer:

r or expected rate of return - market = 0.14 or 14%

r or expected rate of return - stock = 0.2120 or 21.20%

Explanation:

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.  

The formula for required rate of return under CAPM is,

r = rRF + Beta * rpM

Where,

rRF is the risk free rate rpM is the market risk premium

Under CAPM, the assumption follows that the beta of the market is always equal to 1.

So, expected return on the stock market will be,

r or expected rate of return - market = 0.06 + 1 * 0.08

r or expected rate of return - market = 0.14 or 14%

The beta of the stock is given. We calculate the required rate of return on the stock to be,

r or expected rate of return - stock = 0.06 + 1.9 * 0.08

r or expected rate of return - stock = 0.2120 or 21.20%

If the following projections have been made, what is the projected ending cash balance?
Cash sales, $380,000
Beginning cash balance, $30,000
Operating expenses of $420,000, including depreciation of $20,000
Interest expense of $12,000 is included in operating expenses
Borrowing $50,000
End-of-period accrued liabilities of $20,000 for operating expenses
a. $80,000
b. $40,000
c. $52,000
d. $48,000

Answers

Answer:

a.$80,000

Explanation:

Calculation for what is the projected ending cash balance

Using this formula

Ending cash balance = Beginning cash Balance + Cash sales + Borrowing Amount- (Operating expenses paid)

Let plug in the formula

Ending cash balance=$30,000 +$380,000+$50,000-($420,000-$20,000-$20,000)

Ending cash balance=$460,000-$380,000

Ending cash balance= $80,000

Therefore the Ending cash balance will be $80,000

Kenji has had an illness and an accident during the year. His combined out-of-pocket expense for both incidents was $1,000. The insurance company will now start to pay some of his medical expenses. What does the $1,000 represent?

a. Participation (co-insurance)
b. Deductible
c. Coordination of benefits
d. Intemal limits

Answers

Answer:

b. Deductible

Explanation:

Since in the question it is mentioned that Kenji who had an illness and had an accident during the year also the combined out of pocket expenses is $1,000.

So this $1,000 represent the deductible

hence, the correct option is b.

And the other options are wrong

Therefore the same is to be considered

principals of manegment ​

Answers

Answer:

The answer is "Option d".

Explanation:

The management team consists of the coordination of any resources in the preparation, organization, analysis, and administration of the project to reach specific goals.  

It is how something will be handled, treated intently, monitored, or managed by a company or group.  Managers work as planners, supervisors, and managers thru the four roles, administrators, which focus on making their staff, processes, projects, and companies more efficient and effective in all fields.

In the reconciliation of the June bank statement, a deposit made on June 30 did not appear on the June bank statement. In preparing the bank reconciliation, this deposit in transit should be

a. subtracted from the unadjusted book balance.
b. added to the unadjusted bank balance.
c. subtracted from the unadjusted bank balance.
d. added to the unadjusted book balance.

Answers

Answer:

b. added to the unadjusted bank balance.

Explanation:

in the given case since the deposit is made as on June 30 and does not appear in the bank statement so while preparing the bank reconciliation the deposit in transit should be added to the non-adjusted bank balance as the bank did not received these deposits yet

But in the case of the company it already received it

hence, the correct option is b.

The company expects this year's sales to increase by 25%. The selling price is $13 per unit. Prepare a Sales Budget for the

Answers

Answer:

The full question is "Royal Company is preparing budgets for the second quarter ending June 30. Last year's sales for the corresponding period were: March 15,000 units April 18,000 units May 28,000 units June 26,000 units July 19,000 units August 12,000 unit.  The company expects this year's sales to increase by 25%. The selling price is $13 per unit. Prepare a Sales Budget for Royal Company."

                                    Sales Budget

Month        Budgeted Sales       Selling Price  Total budgeted sales

March    15,000+25% = 18750            $13                 $243,750

April       18,000 +25% = 22500          $13                 $292,500

May       28,000 +25% = 35000          $13                 $455,000

June      26,000 +25% = 32500          $13                 $422,500

July        19,000 +25% = 23750           $13                 $308,750

Total Budgeted sales for the 2nd Quarter              $1,722,500

August   12,000 +25% = 15000           $13                 $195,000

- How would demand have to change for a price change to be unitary elastic?​

Answers

Answer:

The percentage change in quantity demanded is exactly equal to the percentage change in price. The percentage change in quantity demanded is exactly equal to the percentage change in price.

Nervous Norman holds 70% of his assets in cash, earning 0%, and 30% of his assets in an insured savings account, earning 2%. The expected return on his portfolio Group of answer choices is 1%. cannot be determined without knowing what the dollar value of his assets is. is 2%. is 0.6% is 0%.

Answers

Answer: 0.6%

Explanation:

The expected return is a weighted average of the returns of the assets invested in.

70% is invested in cash which earns 0%

30% is in a savings account earning 2%

Expected return = (70% * 0%) + (30% * 2%)

= 0% + 0.6%

= 0.6%

Crane Corp. had total variable costs of $281,400, total fixed costs of $130,350, and total revenues of $420,000. Compute the required sales in dollars to break even.

Answers

Answer:required sales to break even=$395,000

Explanation:

Break Even Sales = Fixed Expenses / Contribution Margin

  But

Fixed  Costs /Expenses  is given as  $130,350

And

Contribution Margin Ratio  is solved as  (Total Revenue - Variable Cost) / Total Revenue x 100  

= ($420,000-$281,400)/ $420,000 x 100

=0.33 x 100

= 33%

Break Even Sales = $130,350/33%

= $395,000

Gibson Valves produces cast bronze valves on an assembly​ line, currently producing 2000 valves per shift. If the production changes to 1600 valves per​ shift, labor productivity will change​ by:

Answers

Answer:

25%

Explanation:

Calculation for the change in labor productivity

Using this formula

Change in labor Productivity = (New Productivity - Old Productivity)/Old Productivity

Let plug in the formula

Change in labor Productivity= ($2,000-$1,600)/$1,600

Change in labor Productivity= $400/$1,600

Change in labor Productivity= 0.25*100

Change in labor Productivity=25%

Therefore labor productivity will change​ by: 25%

Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage: (a) 10 years, (b) 8 years, (c) 25 years, (d) 40 years, (e) 5 years, (f) 4 years, (g) 20 years. If required, round your answers to one decimal place. Years Percentage a. 10 years fill in the blank 1 % b. 8 years fill in the blank 2 % c. 25 years fill in the blank 3 % d. 40 years

Answers

Answer:

Conversion of Estimates of Useful Life to Straight-line Depreciation Rate:

   Useful Life        Straight-line

                         Depreciation Rate

(a) 10 years              10%

(b) 8 years             12.5%

(c) 25 years              4%

(d) 40 years           2.5%

(e) 5 years             20%

(f) 4 years              25%

(g) 20 years            5%

Explanation:

a) Data and Calculations:

                               Straight-line

    Useful Life     Depreciation Rate   Conversion

(a) 10 years            10%                         100/10

(b) 8 years             12.5%                      100/8

(c) 25 years           4%                           100/25

(d) 40 years           2.5%                       100/40

(e) 5 years             20%                        100/5

(f) 4 years              25%                        100/4

(g) 20 years          5%                           100/20

A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $35 per recliner. To store a recliner for a full year costs $8. What is the optimal number of recliners the company should make during each production run? Do not include units with your answer.

Answers

Answer:

800 Recliners

Explanation:

Calculation for the optimal number of recliners the company should make during each production run

Using this formula

Economic Order Quantity (EOQ) =√ [(2 D x S) / C]

Where,

Annual Demand (D) = 6,400 Recliners

Fixed Ordering Cost (S) = $400

Carrying cost per recliner (C) = $8

Let plug in the formula

Economic Order Quantity (EOQ)= √[(2 x 6,400 x $400) / $8]

Economic Order Quantity (EOQ)=√$5,120,000/$8

Economic Order Quantity (EOQ)=√$640,000

Economic Order Quantity (EOQ)= 800 Recliners

Therefore the optimal number of recliners the company should make during each production run will be 800 Recliners

What particular activities are involved in the enterprise's internal operational scope?

Answers

Answer:

A business internal operational scope is related to the dailya activities of the different business divisions that any company has:

Explanation:

The Marketing Department has operations like elaborating market studies, selling, and promoting products.

The Human Resources Department has operations like recruiting and training personnel.

The Operations department has operations related to the production process of the company (for a manufacturing firm)

And the Financial department has operations related with accounting and obtaining funds for the firm.

The Fried Green Tomatoes Restaurant has increased its operating cycle from 97.4 days to 101.7 days while the cash cycle has decreased by 2.9 days. How have these changes affected the accounts payable period?

a. Decreased by 11 days
b. Decreased by 5 days
c. Decreased by 1 day
d. Increased by 5 day
e. Increased by 11 days

Answers

Answer:

Increased by 7.2 days

Explanation:

As in the question it is mentioned that the operating cycle is increased from 97.4 days to 101.7 days so the difference in days is

= 101.7 days - 97.4 days

= 4.3 days

And, the cash cycle is decreased by 2.9 days

So, the total number of days would be

= 4.3 days + 2.9 days

= 7.2 days

These have been the negative impacts

The options that are mentioned in wrong and the above is the righ answer

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