footsteps company has a bond outstanding with a coupon rate of 6.3 percent and annual payments. the bond currently sells for $968.17, matures in 23 years, and has a par value of $1,000. what is the ytm of the bond?

The correct statement is option 5: The denominator for the computation of earnings per share for the year 20x0 presented as comparative figure in the 20x1 financial statements would be 100,000.

This is because when Company B issued the 1-for-1 bonus shares on 1 July 20x1, its total share capital doubled to 200,000 shares. Therefore, the denominator for earnings per share for the year ended 31 December 20x0 should remain unchanged at 100,000.

for more questions related to comparative figure, refer here:

https://brainly.com/question/12443267#

#SPJ11

Developing an associated Data Collection Plan and a Data Management Plan requires a systematic and comprehensive approach to ensure the accuracy, completeness, and reliability of the data collected. Here are some steps that can be taken to develop these plans:

Explanation of the steps for developing an associated Data Collection Plan and Data Management Plan:

Learn more about Data Collection Plan:

https://brainly.com/question/15521252

#SPJ11

We must take into account the elasticity of labour demand in each situation in order to identify which union is most likely to form. The degree to which the demand for labour is responsive to variations in

The act of integrating or merging two or more objects into a single entity is referred to as a union. A group of employees who have banded together to collectively negotiate for better pay, benefits, and working conditions from their employer is typically referred to as a union in the context of organisations. In sectors like manufacturing or transportation where employees deal with difficult working conditions or poor pay, unions are frequently established. Unionized workers can increase their bargaining strength and improve their ability to deal with management by uniting. Yet, unions have also come under fire, with some contending that they may be unduly demanding and may hurt firms' ability to

Learn more about union here:

https://brainly.com/question/749754

#SPJ4

The formal exchange of the project's product from the project team to the organization occurs during closing the project. The correct option is D.

The handover process of the final product, service, or outcome of the project from the project team to the client or stakeholders is called closing the project. The final project report, final meeting, and presentation are part of the project closure process, but the formal exchange of the project's product from the project team to the organization occurs during closing the project. The project team has to ensure that the project product is delivered on time, on budget, and with the required quality.

In closing the project, the project team also ensures that all contractual agreements and deliverables have been met, and the customer is satisfied. The project manager conducts an evaluation of the project performance, compares the results to the project plan, identifies lessons learned, and creates a final report that is used to evaluate future projects. Therefore, the correct option is d) closing the project.

For such more questions on formal exchange

https://brainly.com/question/30435782

#SPJ11

As per the given problem, some policymakers and environmental scientists would like to see the United States cut back on its use of oil in the long run. We can use this elasticity estimate to get a rough measure how much a permanent rise in the price of oil would have to be to cut oil consumption by 50%.

Assume that the demand for oil is highly elastic, with a price elasticity of -1.5. We are given that this means that a 1% increase in the price of oil will result in a 1.5% decrease in the quantity demanded. We need to calculate how much the price of oil would have to increase to get people to cut their consumption by 50%.

We know that elasticity is given by the formula: Ep = (% change in quantity demanded) / (% change in price)Rearranging the formula: (% change in quantity demanded) = Ep * (% change in price)We want to find the price increase that leads to a 50% reduction in consumption.

So, we need to solve for % change in price that leads to a 50% reduction in quantity demanded. Hence,% change in quantity demanded = 50% (0.50)Ep = -1.5. We can now solve for % change in price: % change in quantity demanded = Ep * (% change in price) ⇒ (0.50) = (-1.5) * (% change in price) ⇒% change in price = (0.50) / (-1.5)%  = -0.33 or -33%.

Therefore, a permanent rise in the price of oil by 33% will result in a 50% reduction in the quantity demanded.

To know more about elasticity, refer here

https://brainly.com/question/14450755#

#SPJ11

1) A flexible budget is used to adjust expenses to actual revenue generated by a company. 2) Zero based budgeting is a budgeting system in which each expense must be justified for each new period.

1) A flexible budget is used to adjust the budgeted amounts based on changes in the level of activity or volume. A flexible budget is a budget that is designed to change as your business changes. A flexible budget is beneficial because it allows you to compare your actual costs with what you planned to spend, providing insight into how well you are managing your money.

It starts with a base budget that is adjusted over time based on the changes in revenue. For example, if the revenue for a given period increases, the budget can be increased to accommodate additional expenses associated with the increased revenue.

2) Zero-based budgeting (ZBB) is a budgeting method in which all expenses must be justified for each new period. In contrast to traditional budgeting, where the previous year's budget is just modified to reflect the current year's projected expenses, ZBB necessitates that every cost be justified and evaluated from scratch.  

It requires that a business must “start from scratch” each period and build up its budget from zero. It forces the business to evaluate each expense carefully and determine whether it is necessary or not. ZBB is utilized to reduce costs by exposing and eliminating expenses that are no longer needed. It focuses on a project or program, as well as its components and activities, rather than just the numbers.

Learn more about Zero-based budgeting:

https://brainly.com/question/26195666

#SPJ11

An individual's demand for a life annuity is likely to be influenced by several factors, including age, risk tolerance, income, expected longevity, financial objectives, and investment alternatives

Life annuities are insurance contracts that provide an income stream for an individual for the remainder of their life.

Several factors can affect an individual's demand for a life annuity, including:

Learn more about life annuities at

https://brainly.com/question/29488566

#SPJ11

These are a few typical examples: Late or missed payments, High credit card balances, Closing credit accounts, and Defaulting on a loan.

One of the most crucial elements that determine your credit score is your payment history. Your score can be drastically lowered by late or missing payments.

Your credit score can be considerably lowered if you default on a loan, such as a school loan or vehicle loan, and it will be challenging to receive credit in the future.

Several credit account applications made in a short period of time may reflect the financial difficulty and affect your credit score.

Thus, the habits are given above.

Learn more about credit scores here:

brainly.com/question/31189520

#SPJ1

The following are some of the most common bad credit habits: not regularly checking your credit. failing to pay your debts on time or in full. not reading the statements on your credit cards.

A low credit score can be caused by a number of things, such as having little or no credit history, not making payments, having had financial problems in the past, or even moving frequently. Credit reference organizations gather data from openly available reports, moneylenders and other specialist co-ops, prior to producing a FICO rating.

A good way to demonstrate to lenders that you are a dependable borrower and capable of managing credit responsibly is to pay your accounts in full and on time each month. Most of the time, old, well-managed accounts will raise your score.

Learn more about credit score:

brainly.com/question/2609368

#SPJ1

As per the given details, First Year Depreciation= $51,000 and the Second Year Deprecation= $86,800

Using Double declining

We have that:

Depreciation value = Cost - Salvage value

= $310,000 - $55,000 =$255,000

Since machine is expected to depreciate for 5 years, Annual depreciation = 255,000 / 5 years

= $51,000

Annual Depreciation Rate = 51,000 / 255,000 = 20%

Therefore, Double declining = 20 x 2 = 40%

First Year Depreciation: from April to December

= 40% x 310,000 x 9/12 months

= $93,000

Second Year Deprecation:

= 40% x (310,000 - 93,000)

= $86,800

To learn more about depreciation, here:

https://brainly.com/question/30531944

#SPJ4

According to the question NET PAY (subtract total deductions from gross pay) $265. 16.

Net pay is the amount of money that an employee receives after all deductions have been taken out of their gross wages. This includes deductions for taxes, benefits, and other with holdings that are required by law. Net pay is the amount of money that is actually deposited into an employee's bank account or that they receive in cash. It is important to understand net pay because it is the amount of money that an employee has to use for expenses and savings.

EMPLOYEE WITHHOLDING SHEET

Employee Name

Michael Anderson

Social Security Number

999-00-3691

Pay Period:

weekly

Number of Allowances:

0

single

GROSS PAY

1. Regular Wages:

40

hours at $

7. 80

/hr. = $

312

or

2. Regular Salary: =

3. Overtime:

6

hours at $

7. 80

/hr. = $

46. 80

GROSS PAY $358. 80

REQUIRED DEDUCTIONS

4. Federal Income Tax (use tax tables) $35. 87

5. State Income Tax (use tax tables) $8. 18

6. Social Security Tax (use 6. 2% × gross pay) $22. 21

7. Medicare Tax (use 1. 45% × gross pay) $5. 22

OTHER DEDUCTIONS

8. Insurance $16. 00

9. Union Dues $

10. Credit Union $

11. Savings $

12. Retirement $14. 35

13. Charity $

14. Other: $

TOTAL DEDUCTIONS (total lines 4 through 14) $93. 64

To learn more about NET PAY

https://brainly.com/question/28905653

#SPJ1

In response to the query, NET PAY ($265 after all deductions are subtracted from gross pay).

An employee's net pay is the amount they are given after all deductions have been made from their gross pay. Tax, benefit, and other legally mandated withholding deductions are included in this.

Net pay is the amount that is actually transferred into a worker's bank account or given to them in cash. Because net pay is the amount that an employee must use for expenses and savings, it is crucial to understand it.

REQUIRED DEDUCTIONS FROM GROSS PAY

Fourth, Federal Income Tax (use tax tables) $35. 87

Fifth, State Income Tax (use tax tables) $8. 18

To learn more about Net pay from the given link:

https://brainly.com/question/14690804

#SPJ1

At December 31, 2024, the liability for gift cards will be: Gift cards sold $8,400

Gift cards redeemed $2,900

Gift card liability $5,500

Since the gift cards are redeemable within two years of the purchase date, the appropriate classification of the gift card liability is non-current.

Journal entries for the gift cards and meals sold in Bavarian Bar and Grill in 2024 and liability for gift cards Bavarian Bar and Grill opened for business in November 2024. During its first two months of operation, the restaurant sold gift cards worth $8,400 in various amounts mostly as Christmas presents.

The gift cards can be redeemed within two years of the purchase date, and experience in the industry shows that 70% of the gift cards are redeemed within one year. The restaurant had gift cards worth $2,900 that were redeemed for meals costing a total of $3,300. The sales tax rate on restaurant sales is 4%, assessed at the time of meal purchase (not gift cards). Sales taxes will be paid in January.

To record the sales of gift cards during 2024, the following entry will be passed:

Debit - Cash 8400

Credit Gift- Cards Sold 8400

To record the redemption of gift cards during 2024, the following entry will be passed:

Debit Gift Card Redeemable - 2900

Credit Sales- 2900

Debit - Cost of Sales 2200

Credit Inventory - 2200

To record the sales taxes paid in January 2025, the following entry will be passed:

Debit - Accounts Payable 132

Credit - Cash 132

The liability for the gift cards on the December 31, 2024, balance sheet would be the gift cards that were sold but not yet redeemed by the customers.

To know more about Liabilities:

https://brainly.com/question/29369251

#SPJ11

The phone tree system used by the Golden Years Senior Citizen Center is a common approach to disseminate information quickly and efficiently.

The system involves a network of individuals who are responsible for calling a set of people to pass along information. In this case, the information being conveyed is whether the center will be closed due to poor weather conditions. Each person in the network has a list of three more people to call, which means that the number of phone calls made will increase exponentially as the network expands. The function "ccc" is likely designed to model this exponential growth and estimate the total number of calls made after a certain amount of time.

To develop such a model, one would need to consider various factors, such as the size of the network, the frequency of calls, the duration of each call, and the probability of each call being answered. Other factors that could affect the accuracy of the model include weather conditions, time of day, and the demographics of the individuals in the network.

Learn more about demographics here:
https://brainly.com/question/13146758

#SPJ4

The deadweight loss will be lower when both supply and demand are inelastic. This is because inelastic supply and demand curves are relatively steep, meaning that there is less responsiveness to changes in price. As a result, there will be a smaller change in quantity demanded or supplied due to the tax, and therefore a smaller deadweight loss.

To understand why this is the case, it is important to understand the concept of deadweight loss. Deadweight loss is the loss of economic efficiency that occurs when a market is not operating at its optimal level.

In the case of a tax, deadweight loss occurs because the tax creates a wedge between the price that buyers are willing to pay and the price that sellers are willing to accept. This leads to a reduction in the quantity of goods exchanged in the market, and therefore a loss of economic surplus.

When supply and demand are inelastic, there is less responsiveness to changes in price, and therefore a smaller change in quantity due to the tax. This means that there will be a smaller reduction in economic surplus, and therefore a smaller deadweight loss.

On the other hand, when supply and demand are elastic, there is more responsiveness to changes in price, and therefore a larger change in quantity due to the tax. This leads to a larger reduction in economic surplus, and therefore a larger deadweight loss.

In conclusion, the deadweight loss will be lower when both supply and demand are inelastic because there will be a smaller change in quantity due to the tax, and therefore a smaller reduction in economic surplus.]

To know more about inelasticity

https://brainly.com/question/28192591

#SPJ11

The amount of reduction in budget is less than the promised reduction in spending by the government leaders which was $10.5 million.

To find out whether the government leaders have kept their promise of reducing the spending by 15%, the following calculations must be carried out:

The amount of reduction in spending = 15% of the previous year's budget = 15% of $70 million = (15/100) × 70 million = $10.5 million

The budget for the current year = $62.3 million

Therefore, the reduction in the budget from the previous year to the current year is given by:Amount of reduction in budget = $70 million - $62.3 million = $7.7 million

The amount of reduction in budget is less than the promised reduction in spending by the government leaders which was $10.5 million.

Hence, the government leaders have not kept their promise of reducing spending by 15%.

Learn more about government

https://brainly.com/question/26119802

#SPJ11

Michelle works with the human resource information system vendor to identify and explain business processes. She notices this results in improved processes as they work through data flow diagrams. This design factor is called "user involvement."

How is "user involvement" related to design factors?

User involvement is related to design factors because it affects the design process's outcome. Users are critical in defining what they need from the software or system. So, if the users are involved throughout the design process, the software will be designed to meet their needs.

User participation in the design process will lead to software that is better suited to the user's needs.

In the given case, Michelle works with the human resource information system vendor to identify and explain business processes, which is critical in the design of software that meets the user's needs.

Her involvement ensures that the vendor is aware of the user's needs, resulting in improved processes as they work through data flow diagrams.

The answer is "user involvement." The design factor that is called when one involves users in the software design process is called user involvement.

To learn more about user involvement, refer below:

https://brainly.com/question/30780084

#SPJ11

The journal entry to record the purchase of materials debits Raw materials. The correct answer is option b.

The journal entry to record the purchase of materials debits Raw materials because it is an asset account. Raw materials are those materials which are used in the production process of a finished product. They are the basic materials that can be used to create a finished product.

The manufacturing process of a product begins with the acquisition of raw materials. The materials are then processed and turned into finished goods. The following is the journal entry for the purchase of raw materials: Raw Materials 200Accounts Payable 200To record the purchase of raw materials.

This entry records the purchase of raw materials on account. Accounts payable, which is a liability account, is credited for the amount payable to the vendor. The asset account, Raw materials, is debited for the amount of raw materials purchased.

To know more about raw materials, refer here:

https://brainly.com/question/13160417#

#SPJ11

1. As a consultant to a struggling company to help them transform from unethical to ethical, I would recommend a plan focusing on the six key elements discussed by Epley and Kumar in their HBR article.

2. a. To minimize social loafing in a group, I would recommend  Create an environment of collaboration and trust.

  b. To improve the emotional intelligence of the group, Increase understanding of emotions by creating space for open discussion .

These elements include the following:

(1) creating an ethical culture, (2) developing shared ethical values, (3) defining ethical behaviors and norms, (4) creating a system of checks and balances, (5) setting clear accountability and decision-making processes, and (6) developing ethical decision-making competencies.

For each of these elements, I would advise the company to consider both the people in the organization and the organization itself. The company should create a system that will help employees understand, embrace, and commit to ethical principles and behaviors.

This system should provide clear guidelines and offer support for employees, as well as a system of accountability for those who fail to adhere to the standards.

2.

(a) To minimize social loafing in a group, I would recommend the following steps:

- Clearly define roles and responsibilities for each member of the group.

- Create an environment of collaboration and trust.

- Regularly check in with each member of the group to assess progress and motivation levels.

- Set performance goals and provide tangible rewards for successful completion.

(b) To improve the emotional intelligence of the group, I would recommend the following steps:

- Increase understanding of emotions by creating space for open discussion and brainstorming.

- Create a safe and supportive environment where everyone can openly express their feelings and opinions.

To know more about ethical culture click on below link:

https://brainly.com/question/28874565#

#SPJ11

The April forecast for a three period simple moving average is 1136.

To calculate this, you need to take the average of the last three months' demand.

For January, the demand was 1130;

for February, the demand was 1075;

and for March, the demand was 1160.

Add these together and then divide by three to get the average: (1130 + 1075 + 1160) / 3 = 1136.

Round this to the nearest whole number, and the April forecast is 1136.

for more questions related to moving average, refer here:

https://brainly.com/question/15572913#

#SPJ11

The true statement is (a) The S Corporation rules were enacted to allow small corporations to enjoy the non-tax advantages of the corporate form of business without being subject to the tax disadvantage of double taxation.

The S Corporation rules were created to provide small business owners with a tax-efficient way to operate as a corporation. S Corporations allow for the limited liability and perpetual existence of a corporation while avoiding double taxation by allowing income, deductions, and credits to pass through to shareholders and be taxed only at the individual level. This means that the S Corporation itself does not pay federal income tax.

Option (b) is incorrect because while a partnership can elect to be taxed as a corporation under the check-the-box regulations, an S election cannot be made for a corporation that has elected to be taxed as a corporation.

Option (c) is also incorrect because the S Corporation rules do not provide an alternative for C corporations to obtain the tax benefits of being taxed as a partnership. S Corporations are a specific type of corporation with specific requirements, and C corporations cannot elect to become S corporations if they do not meet those requirements.

Therefore, option (a) is the only true statement.

To know more about double taxation, refer here:

https://brainly.com/question/26608215#

#SPJ11

The price that this bond trades for will be closest to $1325.54 assuming the appropriate YTM on the Sisyphean bond is 11. 1​%

FV = 1000 = 5.55 (11.1/2)PMT = $[tex]44[/tex] ($[tex]88/2[/tex]) N = [tex]30[/tex] [tex](15 × 2)[/tex] Compute PV = [tex]1325.54[/tex] The nominal yield of a fixed-income asset is stated as a coupon rate. Even if market circumstances improve, the bond will still not pay more because its value was predetermined at issuance, therefore coupon holders will receive less income. The yield to maturity, which is calculated when a bond is purchased on the secondary market, is the difference between the bond's interest payments, which may be bigger or smaller than the coupon rate at the time the bond was issued. The coupon rate, also referred to as the coupon payment, is the nominal yield that the bond initially promised investors.

To learn more about bond refer here:

https://brainly.com/question/16913107

#SPJ4

An APA in-text citation comprises of the creator's last name and the time of distribution (otherwise called the creator date framework).

Title Page -

Intelligence in Cyberspace: The Road to Cyber Singularity

Ishaani Priyadarshini and Chase Cotton

Department of Electrical and Computer Engineering, University of Delaware, Newark, DE, USA

Word Count: 303

Annotation -

Priyadarshini and Cotton investigate the idea of a digital peculiarity, where man-made reasoning (artificial intelligence) outperforms human insight and becomes self-reproducing, self-improving, and mindful. They talk about the likely ramifications of this situation on society, including position removal, security gambles, and moral worries. The creators contend that we should go to proactive lengths to guarantee that artificial intelligence is created in a protected and moral way.

The article starts with a conversation of the present status of man-made intelligence and its limits. The creators note that while man-made intelligence has made huge advances lately, it actually misses the mark on imagination, flexibility, and the ability to understand individuals on a profound level of people. Notwithstanding, they alert that artificial intelligence is quickly improving, and we may before long arrive where it outperforms human insight.

The creators then inspect the expected outcomes of a digital peculiarity. They contend that work uprooting is a huge worry, as man-made intelligence might have the option to perform many errands more proficiently and really than people. They likewise feature the security chances related with self-recreating and self-further developing simulated intelligence, which might actually betray its makers.

Priyadarshini and Cotton additionally examine the moral worries encompassing simulated intelligence improvement. They contend that we should guarantee that artificial intelligence is created in a manner that lines up with human qualities and doesn't hurt society. The creators recommend that one method for accomplishing this is by creating man-made intelligence with a "ethical compass" that is lined up with human qualities.

In general, the article gives a provocative investigation of the likely ramifications of a digital peculiarity. While the creators recognize that it is difficult to foresee the eventual fate of computer-based intelligence with conviction, they contend that we should go to proactive lengths to guarantee that artificial intelligence is created in a protected and moral way. The article is well-informed and presents a reasonable perspective on the expected advantages and dangers of man-made intelligence improvement.

Know more about how to write APA citations and articles - https://brainly.com/question/30784757

#SPJ1

Simplify of fractions [tex](p^2+6p+5)/(2(p^2-1))-:(4p+20p)/(16p^2-16p)[/tex] is (p+5)/2 - (4p+20)/16.

Simplification is a mathematical operation aimed at changing the form of a complex mathematical proposition into a simpler form. Fractions can be simplified if the numerator and denominator have the same divisors (common divisors). 

The given expression can be simplified as follows:
First, factor out the denominator of the first fraction, to get:

[tex](p2+6p+5) / [2(p2-1)] - (4p2+20p) / [16(p2-1)][/tex]

Next, cancel out any common factors in the numerator and denominator of both fractions.  This gives us: [tex](p+5) / [2(p-1)] - (4p+20) / [16(p-1)][/tex]

Finally, simplify the fractions to get: (p+5)/2 - (4p+20)/16

Learn more about Simplify of fractions: brainly.com/question/78672

#SPJ11

Financial planning includes determination of asset requirements, analysis of funding options, development of plans to contend with unexpected events, and establishment of priorities for a firm. This statement is true.

Financial planning refers to the process of determining how a business will afford to achieve its strategic goals and objectives. A financial plan outlines the resources a firm requires to achieve its goals, and it outlines the priorities it must establish to achieve success. Financial planning is often conducted by businesses to ensure they achieve their goals and objectives while also ensuring that they remain financially stable.

There are several components of financial planning, which are as follows:

Determination of asset requirements

Analysis of funding options

Development of plans to contend with unexpected events

Establishment of priorities

Determination of asset requirements refers to the process of determining the resources a business requires to achieve its goals. The analysis of funding options entails identifying the sources of funds a company may employ to achieve its strategic objectives. Development of plans to contend with unexpected events refers to the process of developing contingency plans to mitigate financial risks. Establishment of priorities refers to the process of setting goals and objectives in order of importance to ensure a company allocates resources properly.

For more about financial planning:

https://brainly.com/question/21780268

#SPJ11

A specialized contact centre to handle special scenarios like COSTCO should have three core technologies: an automated call distribution (ACD) system, a customer relationship management (CRM) system, and a workforce optimization (WFO) solution. These technologies are essential for providing a satisfactory resolution for customers in only one call.

The three core processes that the contact centre should have in place are:

These processes will help to ensure that customers are given timely and satisfactory resolutions, while the technologies mentioned above will streamline the contact centre operations.

Learn more about automated call distribution (ACD

https://brainly.com/question/16659780

#SPJ11

Techniques for demand forecasting examine both quantitative and qualitative aspects in an effort to forecast future needs for goods.

What role does forecasting play for analysts?

By examining the company's present data statistics, a forecasting analyst is in charge of estimating a company's future production and financial health. Sales are assessed by forecasting experts.

What part does forecasting play?

Making predictions about the future is the process of forecasting. Companies utilize forecasting in the financial industry to project earnings or other statistics for future periods. Forecasts are used by traders and analysts to time trades, spot trends, and use them in valuation models.

To know more about Analyst Forecasting visit:

https://brainly.com/question/29641277

#SPJ1

Financial accounting and managerial accounting is necessary to make strategic business decisions as it provides means for recording, interpreting, and communicating of financial information.

Financial accounting and managerial accounting are significant in strategic business decisions because it helps the company in the process of recording, interpreting, and communicating financial information. The information derived from financial accounting is used by a variety of stakeholders, such as investors, creditors, and the government, to make informed decisions regarding a company's financial health and its future growth prospects.

In addition to financial accounting, managerial accounting is also important for making strategic business decisions. This branch of accounting focuses on internal decision-making and is used by management to plan, control, and evaluate the performance of the organization. The information obtained through managerial accounting helps in making critical decisions such as product pricing, cost management, and budget allocation.

Management accounting plays a vital role in providing the internal management team with all the relevant data they require to make key decisions. By providing managers with accurate and up-to-date financial information, they can make informed decisions that will benefit the organization. As a result, the company can achieve its strategic goals, improve its financial position, and maintain its long-term competitiveness.

Learn more about Financial accounting:

https://brainly.com/question/30535617

#SPJ11

Northern Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,000 in cash receipts and $34, 500 in cash disbursements during June. Northern Company has an agreement with its bank to maintain a cash balance of at least $10,000. As of May 31, the company owes $15,000 to the bank.

To maintain the $10,000 required balance, during June the company must: B) Borrow $ 2.500.What is a cash budget? A cash budget is a financial strategy that outlines a business's anticipated income and expenses for a specific period, typically a fiscal year or quarter. A cash budget is a crucial financial management instrument for all types of companies because it helps them predict how much money they will have on hand in the future.

Cash budget computation: Cash budget computations are often prepared at the beginning of each period and include the following elements: The cash balance at the start of the accounting cycle (the opening balance)Anticipated cash receipts (both regular sales and collections)Anticipated cash disbursements (for example, rent, wages, and supplies).

The anticipated net change in the cash balance at the end of the period (either a deficit or a surplus)Borrowing (if needed) and any repayments that may be made on existing loans is the final component of the cash budget. A cash budget was prepared for Northern Company, and it was determined that to maintain the $10,000 required balance, during June the company must borrow $2,500. Therefore, option B is the correct answer.

To know more about cash budget refer here:

https://brainly.com/question/15865418#

#SPJ11

Answer : The T-bill's bond equivalent yield (BEY) is 3.08%  

A Treasury Bill (T-bill) is a short-term instrument issued by the government to finance its expenditure. They have maturities of less than one year and are usually issued at a discount to their face value. The difference between the issue price and the face value is the investor's return. The bond equivalent yield (BEY) is a measure of the annualized return on investment for instruments like Treasury Bills.

The formula for calculating the bond equivalent yield is:BEY = [(FV - PV) / PV] x [(365 / t) / 360]where, FV is the face value of the instrument, PV is the present value of the instrument, t is the time to maturity.The price of the 45-day T-bill is given as $9,962.17. The face value is $10,000. The time to maturity is 45 days or (45/360) years = 0.125 years.The present value of the T-bill is calculated as follows:PV = FV / (1 + r)^nwhere, r is the discount rate, n is the time to maturity in years. Since the T-bill is issued at a discount, r will be greater than the bond equivalent yield (BEY).

Let's assume r is 2.5%.n = 0.125 yearsPv = 10000 / (1 + 0.025)^0.125= $9,962.17BEY = [(FV - PV) / PV] x [(365 / t) / 360]= [(10,000 - 9,962.17) / 9,962.17] x [(365 / 45) / 360]= (37.83 / 9,962.17) x (8.11 / 10)= 0.003794 x 0.811= 0.0030774= 3.08%

Therefore, the T-bill's bond equivalent yield (BEY) is 3.08% (Option A).

Know more about bond equivalent yield here:

https://brainly.com/question/30897857

#SPJ11

a. Multifactor productivity for Spice Isle Labs is 1.09.

b. Spice Isle Labs is operating efficiently, since they are producing more than they are paying out.

c. For every hour that a lab worker spends with a patient, the lab is generating $4 of output.

a. To calculate the multifactor productivity for Spice Isle Labs, we need to calculate the total value of output (VO) divided by the total cost of inputs (CI). The value of output for Spice Isle Labs is equal to the average cost per visit, which is $60 per patient. The cost of inputs for Spice Isle Labs is equal to the average labour cost ($15 per patient) plus the average materials cost ($20 per patient) plus the overhead cost ($20 per patient), which is a total of $55 per patient. Multifactor productivity for Spice Isle Labs is equal to VO divided by CI, which is $60/$55 = 1.09.

b. The interpretation of the multifactor productivity calculated above is that Spice Isle Labs is producing 1.09 times more output (value of output) than the cost of the inputs (total cost of inputs). This indicates that Spice Isle Labs is operating efficiently, since they are producing more than they are paying out.

c. The labour productivity ratio for Spice Isle Labs is equal to the total output (VO) divided by the total labour cost (LC). The total output for Spice Isle Labs is $60 per patient and the total labour cost is $15 per patient. Therefore, the labour productivity ratio for Spice Isle Labs is equal to $60/$15 = 4. This means that for every hour that a lab worker spends with a patient, the lab is generating $4 of output.

For more such questions on Labour productivity.

https://brainly.com/question/16970195#

#SPJ11