Answer: Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance required and no interest earning.
Explanation:
I searched further online and got the options. The correct option will be "Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance Required and no interest earning"
Since Megg has an opening balance of 300, she can't open a account that requires a minimum balance of 400. Likewise, it'll be unwise to charges $6 monthly when the balance in the account falls below 300.
Therefore, she should open this account with a monthly fee of $4 and no minimum monthly balance required since the cost of keeping the account is cheaper and better than others.
when a person sells a stick for a profit he needs to know that
Answer:
He needs to know that it is not a scam and that its gonna be a fair I give you give.
Explanation:
analyze how a person's ethics or values might affect his performance on the job. Can someone help me or give me a few example?
A company purchased a van at a cost of $42,000 and expects it can be sold for $6,000 after 120,000 miles of service. Assuming the units-of-production method is used and the van is driven for 24,000 miles during the first year, the depreciation at the end of the first year would be
Answer:
Annual depreciation= $7,200
Explanation:
Giving the following information:
A company purchased a van for $42,000 and expects it can be sold for $6,000 after 120,000 miles of service.
To calculate the annual depreciation, we need to use the following formula:
Annual depreciation= [(original cost - salvage value)/useful life of production in miles]*miles driven
For 24,000 miles:
Annual depreciation= [(42,000 - 6,000) / 120,000]*24,000
Annual depreciation= 0.3*24,000
Annual depreciation= $7,200
In a perfectly competitive labor market marginal resource cost is: Multiple Choice the market value of the firm's output times the number of workers employed always zero the wage rate times the number of workers employed the wage rate
Answer: the wage rate
Explanation:
The marginal resource cost for labor is the additional amount that a producer would have to pay to be able to get an additional worker to work under them and produce goods.
This is therefore the wage rate because it is the amount that the worker will be paid. This wage rate is determined by market forces in a competitive market which means that it is based on demand and supply; if more people are needed, the wage rate is higher and if less are needed, the wage rate is lower.
Debbie is 22. She wants to invest part of her monthly salary in order to have $760,000 when she retires at 66. Suppose that she invests the money in a fund paying interest at an annual rate of 5.4%, compounded continuously. Assume a continuous money flow, then Debbie needs to invest $____per month.
Answer:
$351.14
Explanation:
Interest = 5.4% annual rate compounded continuously
Effective interest rate per month:
r = e^(5.4%*1/12) - 1
r = e^0.0045 - 1
r = 1.004510 - 1
r = 0.4510%
I = 0.4510%
FV = 760,000
PV = 0
n = 528 [(66 - 22)*12]
PMT = ?
Deposit per month = PMT(Rate, Period, PV, FV)
Deposit per month = PMT(0.4510%, 528, 0, 760000)
Deposit per month = $351.14
So, Debbie needs to invest $351.14 per month.
Rhoda Morgenstern just settled an insurance claim. The settlement calls for increasing payments over a 20-year period. The first payment will be paid one year from now in the amount of $50,000. The following payments will increase by 2 percent annually. What is the value of this settlement to Rhoda today if she can earn 5 percent on her investments
Answer:
PV = $733,271
Explanation:
From the given information:
The annual payment (P) = $50,000
number of years (n) = 20
The growth percentage = 2% = 0.02
Rate of percentage earned = 5% = 0.05
Using the formula illustrated below to determine the Present Value (PV) of a growing annuity;
[tex]PV = \dfrac{P}{r-g}\Big ( 1 - \Big ( \dfrac{1+g}{1+r} \Big) ^n \Big)[/tex]
[tex]PV = \dfrac{50000}{0.05-0.02}\Big ( 1 - \Big ( \dfrac{1+0.02}{1+0.05} \Big) ^{20} \Big)[/tex]
[tex]PV = \dfrac{50000}{0.03}\Big ( 1 - \Big ( \dfrac{1.02}{1.05} \Big) ^{20} \Big)[/tex]
[tex]PV =1666666.667 \Big ( 1 - \Big ( 0.9714285714 \Big) ^{20} \Big)[/tex]
[tex]PV =1666666.667 \Big ( 1 -0.5600379453 \Big)[/tex]
[tex]PV =1666666.667 \Big (0.4399620547 \Big)[/tex]
[tex]PV =\$733270.0913 \\ \\ \mathbf{PV \simeq \$733,271}[/tex]
In footnotes to its year-end annual report, Bancfirst Corp. reported that held-to-maturity debt securities with an amortized cost of $3,929 thousand had an estimated fair value of $3,963 thousand. The balance sheet reported:
Answer: Held to maturity asset of $3,929 thousand
Explanation:
Held-to-maturity securities as the term implies, are purchased by the company to be held until they mature or at the very least, for a period longer than a year. As a result, they are to be treated as Non-current assets because they are assets that owned for over a year.
Held to Maturity assets are to be recorded at amortized cost not fair value so these debt securities will be recorded at the amortized cost of $3,929 thousand.
"You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 6 percent, –13 percent, 24 percent, 18 percent, and 15 percent. The average inflation rate over this period was 3 percent and the average T-bill rate was 4.35 percent. What was the average real return on the company's stock? [First find average of the nominal returns and use Fisher's equation to find average real return]"
Answer:
6.80%
Explanation:
The average nominal returns is the sum of the returns for 5 years divided by the number of returns considered( i.e 5, 5 returns for 5 years)
average nominal returns=(6%-13%+24%+18%+15%)/5
average nominal returns=10.00%
The Fisher's equation is shown thus:
(1 + i) = (1 + r) (1 + π)
i=nominal return=10.00%
r=average real return=the unknown
π=inflation rate=3%
(1+10.00%)=(1+r)*(1+3%)
1.10=(1+r)*1.03
1+1=1.10/1.03
r=(1.10/1.03)-1
r=6.80%
g Which of the following best describes the company-related considerations (beyond software type) for the choice of a process methodology in a software project?1. Company size and culture and geographic team distribution ++2. Start-up vs established company3. Software size +4. Risk-taking vs. bureaucracy
Answer:
vii) Which of the following best describes the company-related considerations (beyond software type) for the choice of a process methodology in a software project?
1. Company size and culture and geographic team distribution
2. Start-up vs established company
3. Software size
4. Risk-taking vs. bureaucracy
Explanation:
he nature of B2B markets requires ________. Group of answer choices companies to focus primarily on selling products that end up as components for finished goods a more personal relationship between the buyer and seller than in B2C markets investment of more resources primarily on service sectors impersonal communication at regular intervals through mediums such as direct mail organizations to invest more on consumers than suppliers to maintain their bus
Answer:
a more personal relationship between the buyer and seller than in B2C markets
Explanation:
B2B (business-to-business) is a marketing strategy that deals with meeting the needs of other businesses, by selling products or services to the organizations for resale to other consumers, used in production of goods or for the operation of an organisation.
B2B (business-to-business) model focuses on facilitating sales transactions between businesses.
Under the B2B, the producer sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.
On the other hand, the B2C market involves businesses selling their goods and services directly to the end consumers or users for personal use.
The nature of B2B markets requires a more personal relationship between the buyer and seller than in B2C markets.
Departmental rates are appropriate when all the following exist except: A. Not all products pass through the same processes.B. Departments are not similar in function.C. Departments have dissimilar cost drivers.D. All departments have similar cost drivers and cost usage characteristics.E. Products consume departmental resources in a significantly different manner.
Answer:
D. All departments have similar cost drivers and cost usage characteristics.
Explanation:
An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.
Basically, the organizational structure comprises of three (3) main dimensions and these are;
I. The vertical dimension: this is typically the decision-making responsibilities (decentralization and centralization).
II. The horizontal dimension: this divides the organization into subunits.
III. Integrating mechanisms: it is based typically on the strategic mechanism that controls the various subunits within an organization.
Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.
A departmental rate can be defined as the expenses that are calculated with respect to the departments in the production process of a factory.
Generally, when all the departments of an organization have or incurs similar cost drivers and cost usage characteristics, using departmental rates isn't appropriate.
The balance sheet data below pertain to American Pulp and Paper for the recent year ended. In addition, sales were $60 million. For the coming year, management believes that sales will increase by 20% to a total of $72 million. The profit margin is expected to be 5%, and the dividend payout ratio is targeted at 40%. No excess capacity exists. Determine the additional funds needed (AFN) in millions of dollars for the coming year using Additional Funds Needed (AFN) Equation Method.
Answer:
$0.24 million
Explanation:
Calculation to Determine the additional funds needed (AFN) in millions of dollars for the coming year using Additional Funds Needed (AFN) Equation Method
Additional Funds Needed (AFN) =[ (14/60)(12) - (2/60)(12)]- (0.05)(72)(.6)
Additional Funds Needed (AFN) = ($2.8 - 0.4) -$2.16
Additional Funds Needed (AFN) =$0.24 million
Therefore the additional funds needed (AFN) in millions of dollars for the coming year using Additional Funds Needed (AFN) Equation Method is $0.24 milion
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How are prices determined in a pure-market economy? Check all that apply.
consumer demand
opportunity cost
the government
social customs
producer competition
Answer:
its a and b
Explanation:
got it right on edge
Find the sales tax and total cost of an espresso machine that costs $77.95. The tax rate is 8%. Round your answer to the nearest cent.
Answer:
About 84.2
Explanation:
8% of 78.00 = 6.24
78.00 + 6.24 = 84.24 (Around 84.2
apologies if wrong
An oligopoly consists of: a. many interdependent firms. b. many independent firms. c. a few independent firms. d. a few interdependent firms. e. only one firm.
A supervisor is selecting recipients of new awards for an end of year celebration. Criteria for the awards are not known to the employees, and it is revealed that the awards all go to employees who are friendly with the supervisor outside of work. When questioned about this, the supervisor blames other employees for not working harder. This is an example of a violation primarily of which of the following actions of an ethical leader?
a. responsibility
b. strengths
c. fairness
d. citizenship
Answer:
Fairness
Explanation:
Ethical leadership
This is refered to as the show of relatively appropriate conduct via the use of personal actions and interpersonal relationships, and also the use of promotionn of conduct to followers by the use of a two-way communication strategy, reinforcement and decision making. The moral aspect of ethical leadership shows that
the views of leader's personal traits, such as honesty or integrity.
Moral manager view as part of ethical leadership show leaders proactive efforts, through the use of rewards and punishments, to influence followers' ethical behaviors.
Ethical issues affects leader decisions always, both small and large.
Fairness
This is simply agreeing with what is usually said to be right or acceptable. Treating people in equally, not too harsh or critical.
MFK Corp. wants to raise capital and is considering an offer of bonds and debentures. It is not sure of a particular disclosure requirement, so MFK poses its question to the SEC and requests an interpretation letter. If the SEC issues an interpretive letter addressing MFK's question and MFK follows the statements contained in the letter, MFK cannot be penalized should the advice be incorrect.
a. True
b. False
Answer:
B FALSEEEEEEEEEEEEEEEEEEEE
Activity A1 takes 5 weeks, A2 takes 7 weeks, and A3 takes 4 weeks with a 50% probability and 10 weeks with a 50% probability. What is the project completion time under the best-case scenario, that is, A3 is early and takes 4 weeks
Answer:
12
Explanation:
The computation of the project completion time under the best-case scenario is shown below;
= Activity A1 weeks taken + activity A2 weeks taken
= 5 weeks + 7 weeks
= 12
We simply added the time taken by activity 1 and activity 2 so that the project completion time could come
The new proposed project needs to use an expensive medical equipment that is already owned by the company. The purchase price of this equipment is $637,000 . The company also spent $124,000 to update its operating software. The equipment recieved a recent market bid from an interested buyer of $718,000. The current book value of $578,000. If the company decides to use this equipment for the new project , what value should we use for this equipment to be included in the initial cash flow of the project
Answer:
$718,000
Explanation:
Based on the information given we were told that the equipment received a MARKET BID from a buyer of the amount of $718,000 which means that in a situation where the company choose to use this equipment for the new project the VALUE that we should use in order for this equipment to be included in the INITIAL CASH FLOW of the project will be the amount of $718,000 which represent the recent MARKET BID amount received from the Interested buyer.
Additional data for the current year are as follows: (a) Net income, $75,800. (b) Depreciation reported on income statement, $38,000. (c) Fully depreciated equipment costing $60,000 was scrapped, no salvage, and equipment was purchased for $150,000. (d) Bonds payable for $75,000 were retired by payment at their face amount. (e) 2,500 shares of common stock were issued at $30 for cash. (f) Cash dividends declared and paid, $40,000. (g) Investments of $100,000 were sold for $125,000.
Answer:
Note: Full question is attached as picture below
Barry Company
Statement of Cash Flows
For the Tear Ended December 31, Year 2
Cash flows from operating activities:
Net income $75,800
Adjustments to reconcile net income to
net cash flow from operating activities:
Depreciation expense $38,000
Gain on sale of investments -$25,000
Changes in current operating
assets & liabilities:
Decrease in Accounts receivable $9,200
Increase in inventories -$16,000
Increase in Accounts payable $12,500
Net cash flow from operating activities $94,500
Cash flows from investing activities:
Sale of investments $125,000
Purchase of equipment -$150,000
Net cash flow used for investing activities -$25,000
Cash flows from financing activities:
Retirement of bonds payable -$75,000
Issuance of common stock $75,000
Payment of dividends -$40,000
Net cash flow used for financing activities -$40,000
Net increase in cash $29,500
Cash at the beginning of the year $42,500
Cash at the end of the year $72,000
Hey guys. I am trying to get this done before the school year ends, but I need some help.
I need a business proposal example to submit and present in front of my class. It can be any school-appropriate business, and also be very persuasive.
Giving 10 points to your answer, so please make it count!
Answer:
Title: The Cozy Cupcake Café: Satisfy Your Sweet Tooth in Style!
Introduction:
Ladies and gentlemen, today I present to you an exciting business venture that combines the irresistible allure of cupcakes with a cozy and welcoming environment. The Cozy Cupcake Café aims to be the go-to destination for cupcake lovers, offering a delightful experience while satisfying their sweet cravings. Our mission is to create a comfortable space where customers can indulge in delectable treats and enjoy moments of pure bliss. Allow me to present our comprehensive business proposal for The Cozy Cupcake Café.
1. Business Overview:
The Cozy Cupcake Café will be a charming establishment strategically located in the heart of our community. We will provide an inviting atmosphere, with comfortable seating, warm colors, and a friendly staff that creates an oasis of relaxation amidst the hustle and bustle of daily life.
2. Unique Selling Proposition:
Our café will differentiate itself from competitors by offering a diverse range of cupcake flavors meticulously crafted to cater to all taste preferences. From classic favorites like vanilla and chocolate to innovative combinations like salted caramel and raspberry lemonade, our menu will have something for everyone.
3. Exceptional Customer Experience:
We prioritize the customer experience and aim to create lasting memories. Our well-trained and enthusiastic staff will provide excellent service, ensuring every guest feels welcome and attended to. Additionally, we will organize cupcake decorating workshops, where customers can unleash their creativity and learn various techniques.
4. Quality Ingredients and Customization:
At The Cozy Cupcake Café, quality is our top priority. We will source the finest ingredients to guarantee fresh, delicious cupcakes every time. Furthermore, we understand the importance of catering to dietary restrictions and preferences. Our menu will include vegan, gluten-free, and low-sugar options, ensuring that all customers can enjoy our delectable treats.
5. Marketing Strategy:
To create a buzz around our café, we will employ a multifaceted marketing approach. This will include social media campaigns, targeted advertisements, collaborations with local influencers, and partnerships with nearby businesses. We will also participate in community events and offer special promotions to attract new customers.
6. Financial Projections:
Our meticulous financial planning ensures the viability and profitability of The Cozy Cupcake Café. Based on extensive market research, we project healthy revenue growth, driven by a combination of foot traffic, repeat customers, and catering orders. Our cost projections account for ingredients, staffing, rent, utilities, marketing, and other operational expenses.
Conclusion:
The Cozy Cupcake Café is poised to become the ultimate destination for cupcake enthusiasts in our community. With an inviting ambiance, a wide variety of delectable flavors, exceptional customer service, and a commitment to quality, we are confident in the success of our venture. We invite you to join us on this exciting journey and be part of a business that not only satisfies the sweet tooth but also creates a warm and delightful experience for all. Thank you for your attention, and we welcome any questions or feedback you may have.
PLEASE MARK AS BRAINLIEST
You are valuing multiple steady-state companies in the same industry. Company A is projected to earn $160 in EBITA, grow at 2 percent per year, and generate ROICs equal to 15 percent. Company B is projected to earn $160 in EBITA, grow at 6 percent per year, and generate ROICs equal to 10 percent. Both companies have an operating tax rate of 25 percent and a cost of capital of 10 percent. What are the enterprise-value-EBITA multiples for both companies
Answer:
Company A
EBITA = $160m, growth = 2%, Cost of Capital = 10%, ROIC = 15%
Value = (EBITA * (1 - Growth/ROIC)) / (WACC - g)
Value = (160*(1 - 2/15)) / (0.1-0.02)
Value = 138.67 / 0.08
Value = 1,733
EV/EBITA = Value / EBITA
EV/EBITA = 1,733/160
EV/EBITA = 10.83x
Company B
EBITA = $160m, growth = 6%, Cost of Capital = 10%, ROIC = 10%
Value = (EBITA * (1 - Growth/ROIC)) / (WACC - g)
Value = (160*(1 - 6/10)) / (0.1-0.06)
Value = 64 / 0.04
Value = 1,600
EV/EBITA = Value / EBITA
EV/EBITA = 1,600/160
EV/EBITA = 10x
A coal mine was acquired at a cost of $4,000,000. No salvage value was expected and the estimated number of units available for production was 4,000,000 tons. During the first year, 440,000 tons of coal was mined and sold. The depletion expense for the first year was
Answer:
$440,000
Explanation:
The depletion of the coal mine can be calculated using the formula below;
Depletion expense for the year
= (Cost of mine - Salvage value) × (Tons of coal sold in the year/Total tons capacity of the mine)
Given that;
Cost of mine =$4,000,000
Salvage value = 0
Tons of coal sold in the year = 440,000 tons
Total tons capacity of the mine = 4,000,000 tons
Therefore,
Depletion expense for the year
= (4,000,000 - 0) × (440,000/4,000,000)
= 4,000,000 × 0.11
= $440,000
Scenario C. Victor, the president of Tortoise Bay Pharmaceuticals Inc., sends a memo to his vice presidents regarding new procedures for succession planning in the company. The vice presidents meet informally to discuss the new procedures. When the procedures are announced to the other employees, they form feedback teams. These teams draft memos providing feedback to the vice presidents and CEO regarding the advantages, disadvantages, and potential problems with the new procedures. The original memo sent by the president of the company is an example of
Answer:
Tortoise Bay Pharmaceuticals Inc.
The original memo sent by the president of the company is an example of
downward communication.
Explanation:
Whereas upward communication flows from the lower levels of an organization to higher ranks, with downward communication, information flows from one top level to a lower level in the organization's hierarchy. For example, the original memo sent by the CEO of Tortoise Bay Pharmaceuticals Inc. to his vice presidents is a downward communication. The memos that provide employees' feedback (an efficient communication feature) to the vice presidents and the CEO about the new procedures are examples of upward communication.
Alice is responsible for getting work done through others. Alice is a ________
Answer:
supervisor
Explanation:
At the beginning of the year, Nothing More, Corp., had a long-term debt balance of $37,929. During the year, the company repaid a long-term loan in the amount of $10,839. The company paid $4,235 in interest during the year, and opened a new long-term loan for $9,525. What was the cash flow to creditors during the year
Answer:
$5549
Explanation:
Calculation to determine the cash flow to creditors during the year
Using this formula
Cash flow to creditors =Interest -New debt
Let plug in the formula
Cash flow to creditors=4235-(9525-10,839)
Cash flow to creditors=4235-(-1314)
Cash flow to creditors =$5549
Therefore the cash flow to creditors during the year is $5549
On July 1, 2021, Larkin Co. purchased a $460,000 tract of land that is intended to be the site of a new office complex. Larkin incurred additional costs and realized salvage proceeds during 2021 as follows: Demolition of existing building on site $ 71,000 Legal and other fees to close escrow 12,900 Proceeds from sale of demolition scrap 8,600 What would be the balance in the land account as of December 31, 2021
Answer:
$75,300
Explanation:
The computation of the balance in the land is shown below;
Purchase cost
$460,000
Add:
Demolition of existing building on site
$71,000
Add:
Legal and other fees to close escrow
$12,900
Less:
Proceeds from the sale of demolition scrap
($8,600)
Balance in the land
$75,300
Therefore, balance in the land account as of December 31, 2021 is $75,300
Materials requisitions are: generally used less frequently in process costing than job order costing. not used in process costing. generally used more frequently in process costing than job order costing. used more frequently by latter stage production departments.
Answer:
generally used less frequently in process costing than job order costing.
Explanation:
Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods.
Basically, manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.
Process costing can be defined as a cost accounting method used for assigning manufacturing or production costs to the units of goods produced by a business firm over a specific period of time. It is mostly used by firms that produce a large quantity of homogeneous or similar products on a continuous basis. Process costing typically uses more than one Work in Process Inventory account because costing at each stage of production or manufacturing process.
Job order costing can be defined as a cost accounting method used to determine and accumulation of the cost of manufacturing each product or a single unit of production. Job costing order typically uses only one Work in Process Inventory account for each product.
Hence, Process costing typically uses a separate Work in Process Inventory account for each department while job order costing typically uses only one Work in Process Inventory account for each product.
In conclusion, materials requisitions are generally used less frequently in process costing than job order costing.
Crane Company sells radios for $50 per unit. The fixed costs are $465000 and the variable costs are 60% of the selling price. As a result of new automated equipment, it is anticipated that fixed costs will increase by $165000 and variable costs will be 50% of the selling price. The new break-even point in units is:
Answer:
25,200
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Fixed cost = $465000 + $165000 = $630,000
Price = $50
variable cost = 0.5 x 50 = $25
Breakeven = $630,000 / $25 = 25,200
Suppose the selling price of one-month forward Japanese yens is $0.010499 per yen, and the spot price is $0.010495 per yen. Complete the following formula for the per annum percentage premium (or discount) to calculate what the yen is worth in the one-month forward market.
Answer:
Explanation:
From the given information:
The per annum forward premium = [tex]\dfrac{Forward \ price - spot \ price}{spot \ price} \times \dfrac{12}{1}[/tex]
[tex]= \dfrac{0.010499 - 0.010495}{0.010499} \times \dfrac{12}{1}[/tex]
[tex]= \dfrac{0.000004}{0.010495} \times 12[/tex]
[tex]= 0.0003811 \times 12[/tex]
= 0.004573
= 0.4573%
Since this is positive and because it is favorable, the price of the yen would rise in the one-month forward market making it premium.
We can conclude that: The yen is at premium against US dollar, due to the fact that it is worth more in one-month forward market.