Answer:
a. When must Janine recognize the income from the $17,360 advance payment for services if she uses the cash method of accounting?
3. Year 0Cash method of accounting recognizes revenues and expenses when they are received or paid for.
b. When must Janine recognize the income from the $17,360 advance payment for services if she uses the accrual method of accounting?
1. Year 0 and Year 1
c. Suppose that instead of services, Janine received the payment for a security system (inventory) that she will deliver and install in year 2. When would Janine recognize the income from the advance payment for inventory sale if she uses the accrual method of accounting and she uses the deferral method for reporting income from advance payments? For financial accounting purposes, she reports the income when the inventory is delivered.
1. Year 2She will recognize revenue only after the merchandise is delivered.
d. Suppose that instead of services, Janine received the payment for the delivery of inventory to be delivered next year. When would Janine recognize the income from the advance payment for sale of goods if she uses the accrual method of accounting and she uses the full-inclusion method for advance payments?
5. Year 0Under this system, advanced payments are considered revenue on the year that they were received.
The questions are in the images. The categories provided are: Cash, Accounts Receivable, Office Equipment, Office Furniture, Accounts Payable, Randy Guttery Capital, Randy Guttery Drawing, Fees Income, Rent Expense, Utilities Expense, Salaries Expense, Telephone Expense, and Miscellaneous Expense.
A collection of financial records that employ double-entry accounting is referred to informally as a T-account.
What is T- Account ?The phrase defines how the bookkeeping entries appear. On a page, a huge letter T is first drawn.The account name is then written above the top horizontal line and split by the bottom horizontal line., and below that, split by the vertical T of the letter, debits are reported on the left and credits are recorded on the right.
Every financial transaction is taken into account to have an impact on at least two of a company's accounts in double-entry bookkeeping, a common accounting technique. Each transaction will be recorded in one account as a debit entry and in the other as a credit entry.
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Please answer the following questions.
Porter Co. is analyzing two projects for the future. Assume that only one project can be selected.
Project X Project Y
Cost of machine $68,000 $60,000
Net cash flow:
Year 1 24,000 4,000
Year 2 24,000 26,000
Year 3 24,000 26,000
Year 4 0 20,000
The payback period in years for Project X is:_______
a. 2.00.
b. 3.83.
c. 3.50.
d. 2.83.
e. 4.00.
Answer: d. 2.83 years
Explanation:
The Payback period of an investment is the time it would take for the positive cash inflows to pay off the investment amount put into the project.
When the cashflow is constant, the payback period is calculated as:
= Investment in project X / Annual Cash inflow for project X
= 68,000/24,000
= 2.83 years
There is an inverse relationship between followers and engagement -- surprisingly, the more followers, the LESS engagement with posts. Why do you think non-celebrities are able to influence buying behavior?
This is because the followers are aware of the celebrity and their motivations, thus their purchasing decisions aren't as affected by consumer behaviour.
What is consumer behaviour?The activities and choices that consumers make when using or purchasing things are referred to as consumer behaviour in marketing. Consumer behaviour towards a product encompasses all aspects, from the original choice to acquire it through how they use it and whether they decide to make additional purchases of it in the future or not. Consumer behaviour can be divided into four categories: routine purchases, variety-seeking purchases, purchases made to avoid dissonance, and sophisticated purchases. The sort of goods a consumer needs, their level of involvement, and the variations between companies all influence the forms of consumer behaviour they exhibit.
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Clark Heter is an industrial engineer at Lyons Products. He would like to determine whether there are more units produced on the night shift than on the day shift. The mean number of units produced by a sample of 86 day-shift workers was 361. The mean number of units produced by a sample of 92 night-shift workers was 367. Assume the population standard deviation of the number of units produced is 37 on the day shift and 44 on the night shift.
Using the 0.05 significance level, is the number of units produced on the night shift larger?
a. State the null and alternate hypotheses.
multiple choice 1
H0: μDay ≥ μNight; H1: μDay < μNight
H0: μDay ≥ μNight; H1: μDay > μNight
H0: μDay ≥ μNight; H1: μDay = μNight
b. Compute the test statistic. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
c. Compute the p-value. (Round your answer to 4 decimal places.)
d. What is your decision regarding the null hypothesis?
multiple choice 2
Reject H0
Do not reject H0
e. Using the 0.05 significance level, is the number of units produced on the night shift larger?
multiple choice 3
Yes
No
1. The null and the alternate hypothesis is H0: μDay ≥ μNight; H1: μDay = μNight
2. the test statistic is -0.99
3. P value is 0.161821.
4. The decision is to reject the null
5. no it is not larger
How to solve for the hypothesisThe null hypothesis is μDay ≥ μNight
The alternative hypothesis is H1: μDay = μNight
How to solve for the test statisticwe have the folloswing details with which we are to solve the questions that we have here
n1 = 86, bar x1 = 361, sd1 = 37
n2 = 92, x bar2 = 367, sd2 = 44
We have to solve for the standard error
\(\sqrt{\frac{37^2}{86} +\frac{44^2}{92} }\)
= √15.92 + 21.04
= √36.96
= 6.079
test statistic z = xbar1 - xbar2 / standard error
= 361 - 367 / 6.079
= -0.9870
The critical value at 0.05 = 1.645
The critical value is greater than the test statistics
the decision would be to reject H0 if z < 1.645
-0.9870 < 1.645
we have to reject the null hypothesis
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The wage rate of workers in the wine industry in Country B has increased due to negotiations between the labour unions and the employers. Explain how this will affect the market for wine in Country B. Clearly indicate how the equilibrium price and equilibrium quantity of wine will change in Country B. The direction of any changes should be clearly indicated using arrows.
The wage rate of workers in country B has increased due to negotiations between the employers and the labor union.
Regulation that are less strict results in many more companies obtaining the right to mine coal in Mpumalanga. At the same time, alternative energy solutions result in a decrease in the demand for coal generated electricity. Explaining how the market for coal will be affected by these changes, clearly indicates how the equilibrium price and equilibrium quantity for coal will be affected by these changes.
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The Phillips curve was first suggested as a description of the relationship between inflation and unemployment in the late 1950s, and data through the 1960s were consistent with its predictions. What happened in the 1970s?
Answer: High inflation and high unemployment in the United States undermined the Phillips hypothesis.
Explanation:
In the year the 1970s, there is high inflation and high unemployment in the United States that undermined the Phillips hypothesis.
What happened in the 1970s?Since the Phillips curve was first recommended by the description of the relationship that lies between inflation and unemployment.
So based on this, we can say that In the year the 1970s, there is high inflation and high unemployment in the United States that undermined the Phillips hypothesis.
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What is a commodity
Answer:
Something useful or valuable.
Explanation:
according to the above table, the labor force is a.134 million. b.156 million. c.70 million. d.215 million. e.145 million
Note that according to the above table, the labor force is 215 million (Option D)
What is the definition of labor force?The labor force, often known as the currently active population, includes all those who meet the conditions to be classified as employed (civilian work + military service) or jobless.
Note that the workforce generally refers to all people who are currently working or are available to work, regardless of whether they are actively seeking employment. This includes both employed and unemployed people.
On the other hand, the labor force refers specifically to people who are actively participating in the labor market, meaning they are either employed or actively seeking employment.
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ASAP! GIVING BRAINLIEST TO THE CORRECT AWNSER.
Answer:
a: to provide government revenues
Explanation:
becuase its right
can i have brainliest now
Which of the following most accurately describes what banks do with their excess reserves
Answer:
B. Banks use excess reserves to make loans to customers so that they can make profits on the interest.
Explanation:
Owner's contributions to a business are made in the form of
A. equipment, supplies, and withdrawals
B. cash, equipment, and withdrawals
C. equipment, supplies, and cash
D. supplies, withdrawals, and cash
Answer:
a
Explanation:
Keeping track of your cash, payables, and records can be challenging. Find out the most efficient ways to keep your money and your records in line and updated appropriately.
If your company is a typical business, you deal with a variety of cash transactions. Lumping all these transactions into one record may be tempting, but it's almost always a bad idea.
You'll want to record your cash transactions in a number of different ways, depending on the nature of your business.
Sales and cash receipts journal: To simplify your recordkeeping, we recommend that you combine your sales and cash receipts in a single journal.
Daily cash sheet: If cash transactions are a significant part of your business, you should also prepare a daily cash sheet to reconcile your cash received and paid out for the day. If you use a daily cash sheet, you can reconcile your cash receipts with your daily deposit into your bank account.
Cash disbursements journal: Your daily cash disbursements should be recorded here.
Bank reconciliation: Reconciling your records with your monthly bank statement verifies the amount you have in your checking account. It will also help you find bookkeeping errors. It could also enable you to detect (and remedy) irregularities such as employee theft.
Petty cash fund: If your customers normally pay by check, having a petty cash fund will provide you with cash on hand to pay miscellaneous small expenses. A petty cash fund isn't necessary if you use a cash register and always have currency on hand, as long you keep track of these small purchases.
Maintaining daily cash sheets
A cash sheet is a daily reconciliation of cash received and cash paid out. If a good deal of your business is transacted in cash, such as in a retail store, you should prepare a cash sheet at the end of each day. It's sound practice to deposit all cash receipts in your bank account daily.
Suppose a country`s workers can produce 4 watches per hour or 12 rings per hour. If there is no trade,
Suppose a country`s workers can produce 4 watches per hour or 12 rings per hour. If there is no trade,: The opportunity cost of 1 watch is 3 rings.
What is opportunity cost?Opportunity cost can be defined as the way in which a person tend to forgone others alternative as a result of choosing an alternatives .
Example of opportunity cost is when a student choose to forgone the choice of watching a movies because the student want to read for his/her examination.
Now let find the opportunity cost;
Opportunity cost = 12 rings / 4 watches per hour
Opportunity cost = 3 rings
Therefore the opportunity cost of 1 watch is 3 rings.
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Consider two neighboring island countries called Euphoria and Contente. They each have 4 million labor hours available per week that they can use to produce rye, jeans, or a combination of both. The following table shows the amount of rye or jeans that can be produced using 1 hour of labor.Country Rye Jeans(Bushels per hour of labor)(Pairs per hour of labor)Euphoria 5 20Contente 8 16 Initially, suppose Contente uses 1 million hours of labor per week to produce rye and 3 million hours per week to produce jeans, while Euphoria uses 3 million hours of labor per week to produce rye and 1 million hours per week to produce jeans. Consequently, Euphoria produces 15 million bushels of rye and 20 million pairs of jeans, and Contente produces 8 million bushels of rye and 48 million pairs of jeans. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of rye and jeans it produces.Euphoria's opportunity cost of producing 1 bushel of rye is ________ of jeans, and Contente's opportunity cost of producing 1 bushel of rye is ____________ of jeans. Therefore, __________ has a comparative advantage in the production of rye, and___________ has a comparative advantage in the production of jeans.Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces rye will produce ________million bushels per week, and the country that produces jeans will produce_________million pairs per week.
Explanation:
here is an explanation and solution to your question
For Euphoria:
The opportunity cost of producing a unit of rye in terms of jeans =20/5 = 4
for contente:
The opportunity cost of producing a unit of rye in terms of jeans = 16/8 = 2
opportunity cost of producing 1 unit of jean in terms of unit of rye:
for euphoria = 5/20 = 1/4
for contente = 8/16 = 1/2
1.
Euphoria's opportunity cost of producing a a bushel of rye is 4 pairs of jeans.
contentes opportunity cost of producing a bushel of rye is 2 pairs of jeans.
2.
contente has comparative advantage in producing rye
euphoria has comparative advantage in jeans production
3
contente produces 8 bushels of rye so with 4 million hours of labor = 8x4 = 32 million bushels in a week.
euphoria 20 pairs of jean in a week, using 4 million hours of labor. 20x4 = 80 pairs of jean a week
QUESTION 82
Lucent Technologies is considering a project that has the following cash flow and WACC data.
a) Determine the project's NPV.
b) Decide whether IRR or MIRR is appropriate for this problem. Explain which of these you chose and determine the value.
c) Given your solutions for a & b, advise management to accept or reject the project by making the appropriate comparisons.
7.45%
WACC:
Year
Cash flows
0
-$32,600 $15,000 $17,000
$13,000
-$4,000
a) the NPV of the project is $3,573.36. b) the MIRR of the project is 5.94%.
c) the positive NPV of $3,573.36 and the MIRR of 5.94%, it is advisable for the management to accept the project.
a) To calculate the NPV of the project, we need to discount the future cash flows to their present value using the weighted average cost of capital (WACC) of 7.45%.
Year 0 cash flow: -$32,600
Year 1 cash flow: $\(15,000 / (1 + 0.0745)^1\) = $13,947.74
Year 2 cash flow: $\(17,000 / (1 + 0.0745)^2\) = $14,377.64
Year 3 cash flow: $\(13,000 / (1 + 0.0745)^3\) = $10,748.23
Year 4 cash flow: -$\(4,000 / (1 + 0.0745)^4\) = -$2,900.25
NPV = -$32,600 + $13,947.74 + $14,377.64 + $10,748.23 - $2,900.25 = $3,573.36
Therefore, the NPV of the project is $3,573.36.
b) The IRR (Internal Rate of Return) and MIRR (Modified Internal Rate of Return) are both methods used to evaluate the attractiveness of an investment opportunity. The IRR is the discount rate that makes the NPV of the project equal to zero, while the MIRR is the discount rate that equates the present value of cash inflows to the future value of cash outflows.
In this case, since the project has non-conventional cash flows (negative initial cash flow followed by positive cash flows and then a negative cash flow), the IRR approach may lead to multiple IRR values, making it unreliable. Therefore, MIRR is more appropriate for this problem.
To calculate MIRR, we need to find the future value of the initial outflow, and the present value of all future inflows, then find the discount rate that equates these values.
Future value of the initial outflow: -$ = -$41,670.92
Present value of future inflows: $15,000 + $17,000 + $13,000 - $4,000 = $41,000
MIRR = [(41,000 / 41,670.92)^(1/4)] - 1 = 5.94%
Therefore, the MIRR of the project is 5.94%.
c) Based on the positive NPV of $3,573.36 and the MIRR of 5.94%, it is advisable for the management to accept the project. The positive NPV indicates that the project's inflows exceed the outflows, generating value for the company, while the MIRR of 5.94% is higher than the cost of capital of 7.45%, indicating that the project is expected to provide returns that are higher than the required rate of return.
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how does scarcity, opportunity cost, and choices relate to each other in economics
Answer:
Economics is a social science that examines how people choose among the alternatives available to them. Scarcity implies that we must give up one alternative in selecting another. ... The opportunity cost of any choice is the value of the best alternative that had to be forgone in making that choice.
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
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Is it possible for companies both to maximize financial value and to be socially responsible? Explain.
Answer:
This question is about Corporate Social Responsibility (CSR), which is basically being socially responsible (with the employees, community, environment, etc.) and at the same time trying to maximize the financial value of a company (which is a duty to shareholders).
It might be easier for some companies, e.g. service providers, while much harder for mining companies (and other extracting companies). But it doesn't meant that all companies should try their best to do it.
Some companies even benefit from being socially responsible and increase their income through higher sales, e.g. Ben and Jerry's actually increased their sales of ice cream by focusing on CSR.
Even small businesses can benefit from CSR since it increases customer awareness and loyalty, and that can lead to higher sales. E.g. the public image of local businesses that help to finance certain community services improves and that eventually leads to higher sales.
Customers tend to favor companies that they consider to be socially responsible, and if they have to decide between purchasing from a socially responsible company or from another that isn't, they will generally purchase form the socially responsible one.
Select the correct answer
Which factor increases the risk of is project delays?
Options on picture
Answer:
B. Shortage of technical staff
Explanation:
It's 100% not D. I took the test and got it wrong
All of the following are perks to working in sales that many other careers do not offer,
except
All the following are perks to working in sales that many other careers do not offer;
Monthly allowance covering expenses such as cell phone.Expenses account paying for fancy dinner, extravagant hotel room.yearly reviews for possibility for pay rises Company cars.Who is a sales personel?Sales personel can be regarded as one of the distribution channel that makes the goods available for final consumer.
However, perks to working in sales that many other careers do not offer could be Expenses account paying for fancy dinner, extravagant hotel room and others.
Therefore, all the above options are correct.
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The Hub Store at a university in eastern Canada is considering purchasing a self-serve checkout machine similar to those used in many grocery stores and other retail outlets. Currently the university pays part-time wages to students totalling $64,000 per year. A self-serve checkout machine would reduce part-time student wages by $44,000 per year. The machine would cost $420,000 and has a 10-year useful life. Total costs of operating the checkout machine would be $6,800 per year, including maintenance. Major maintenance would be needed on the machine in five years at a total cost of $11,800. The salvage value of the checkout machine in 10 years would be $49,000.
The CCA rate is 25%. Management requires a 10% after-tax return on all equipment purchases. The company’s tax rate is 30%.
1. Determine the before-tax net annual cost savings that the new checkout machine will provide.
2-a. Using the data from (1) above and other data from the exercise, compute the checkout machine’s net present value. (Hint: Use Microsoft Excel to calculate the discount factor(s).) (Do not round intermediate calculations and round your final answer to the nearest dollar amount. Negative value should be indicated with minus sign.)
2-b. Would you recommend that the machine be purchased?
The before-tax net annual cost savings that the new checkout machine will provide is $54,840 per year.
How do you determine the values?To determine the before-tax net annual cost savings that the new checkout machine will provide, we need to calculate the difference between the current part-time student wages and the total operating costs of the checkout machine.
Current part-time student wages: $64,000 per year
Total operating costs of checkout machine: $6,800 per year + $11,800 in five years = $6,800 per year + $2,360 per year
Total savings: $64,000 - ($6,800 + $2,360) = $54,840 per year
2-a. To compute the net present value (NPV) of the checkout machine, we need to use the following formula:
NPV = -Cost of investment + (Annual savings / (1 + Discount rate)^n) + (Salvage value / (1 + Discount rate)^n)
Where n is the number of years, Discount rate is the required rate of return, in this case 10% after-tax, and the salvage value is in the last year.
Cost of investment = $420,000
Annual savings = $54,840
Salvage value = $49,000
Discount rate = 10% after-tax = 10%*(1-30%) = 7%
n = 10 years
NPV = -$420,000 + ($54,840 / (1 + 0.07)^10) + ($49,000 / (1 + 0.07)^10) = -$420,000 + $38,982 + $27,813 = $-353,205
2-b. Based on the NPV calculation, the machine has a negative value so it would not be recommended to purchase. The company will lose money by purchasing it.
Therefore, the correct answer is as given above
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10. Net Income (or Loss) and Retained Earnings
The following information is available from the records of Buena Vista Corp. at the end of the year:
Accounts payable $5,000 Landscaping revenues $24,000
Accounts receivable 4,500 Office equipment 7,500
Capital stock 8,000 Rent expense 6,500
Cash 12,000 Retained earnings, beginning of year 8,500
Dividends paid during the year 3,000 Salary and wage expense 12,000
Required:
Use the above information to answer the following questions.
1. What is Buena Vista's net income for the year?
$fill in the blank 1
2. What is Buena Vista's Retained Earnings balance at the end of the year?
$fill in the blank 2
3. What is the total amount of Buena Vista's assets at the end of the year?
$fill in the blank 3
4. What is the total amount of Buena Vista's liabilities at the end of the year?
$fill in the blank 4
5. How much owners' equity does Buena Vista's have at the end of the year?
$fill in the blank 5
6. What is Buena Vista's accounting equation at the end of the year?
= + $fill in the blank 9 = $fill in the blank 10 + $fill in the blank 11
To answer these questions, we will use the basic accounting equation: Assets = Liabilities + Owners' Equity. We will also use the formula for calculating net income: Revenues - Expenses = Net Income.
Net Income = Revenues - Expenses
Net Income = $24,000 - ($6,500 + $12,000)
Net Income = $24,000 - $18,500
Net Income = $5,500
So, Buena Vista's net income for the year is $5,500.
Retained Earnings (end of year) = Retained Earnings (beginning of year) + Net Income - Dividends
Retained Earnings (end of year) = $8,500 + $5,500 - $3,000
Retained Earnings (end of year) = $11,000
So, Buena Vista's Retained Earnings balance at the end of the year is $11,000.
Assets = Cash + Accounts Receivable + Office Equipment + Land
Assets = $12,000 + $4,500 + $7,500 + $0
Assets = $24,000
So, the total amount of Buena Vista's assets at the end of the year is $24,000.
Liabilities = Accounts Payable
Liabilities = $5,000
So, the total amount of Buena Vista's liabilities at the end of the year is $5,000.
Owners' Equity = Capital Stock + Retained Earnings
Owners' Equity = $8,000 + $11,000
Owners' Equity = $19,000
So, Buena Vista's has $19,000 of owners' equity at the end of the year.
Assets = Liabilities + Owners' Equity
$24,000 = $5,000 + $19,000
So, Buena Vista's accounting equation at the end of the year is $24,000 = $5,000 + $19,000.
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James mortgaged his house and received a certain amount of money in return as a loan. However, he repaid half the loan in six months. Which of the following is likely to be true in this scenario, at the present moment?
A) The mortgagee has an insurable interest towards 25 percent of the loan amount.
B) The mortgagee has an insurable interest towards the entire loan amount.
C) The mortgagee does not have an insurable interest in the loan amount.
D) The mortgagee has an insurable interest towards half the loan amount.
Answer:B
Explanation:
What basic function requires a manager to hire employees and coordinate the work of subordinates
The basic function that requires a manager to hire employees and coordinate the work of subordinates is referred to as the organizing function
This is further explained below.
What is an organizing function?Generally, Delegating power to subordinates and setting up channels of communication are both components of the organizational function of the management process.
In conclusion, The duty of organizing encompasses other activities as well, such as the creation of departments and the coordination of the work of subordinates.
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8. Agreement and disagreement among economists Suppose that Tim, an economist from a business school in Georgia, and Alyssa, an economist from a university in Massachusetts, are arguing over government bailouts. The following dialogue shows an excerpt from their debate: Alyssa: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. Tim: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. Alyssa: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession. The disagreement between these economists is most likely due to .
Answer:
The disagreement between these economists is most likely due to .
differences between perceptions versus reality.
Explanation:
A bailout occurs when the government provides capital resources to a distressed business or failing company, which it considers to be too big to fail. The purpose is to prevent the consequences of the downfall of such an entity, which may include bankruptcy, default on its financial obligations, economic impact on the wider society. Most bailouts are made for the benefit of the society rather than the business entity. The mindset from which two economists can perceive the reality of bailouts will always differ.
Year
2016
2017
2018
2019
Cow
P
$300
$350
$370
$380
Q
1000
1050
1100
1200
Bicycle
P
$120
$130
$140
$150
Q
1200
1300
1500
1600
1. Calculate nominal GDP for each year
2. Calculate real GDP for each year
3. Calculate GDP deflator and inflation rate
Consumer sentiment suddenly crashes below early-pandemic levels in the US #accelerationism
Q23. It is said that controlling function is the best source to judge the accuracy of the
standards set in order to achieve the objectives. Do you agree? Give any two reasons
in support of your answers.
Explanation:
Control is an extremely important administrative function for achieving organizational objectives and goals.
To control is to monitor and analyze how the systems that make up the organizational whole are moving in search of reaching the proposed goals.
A manager who exercises control effectively, will ensure that the resources that the company has in a given period are used according to the forecasts and the established strategy, in addition to motivating employees to be more productive and develop their skills in favor of efficiency and ensuring the achievement of objectives.
Emily Casper earns a weekly salary of $785. How much will she make after four weeks?
Answer:
$3140
Explanation:
It is given that,
Weekly salary of Emily Casper is $785. We need to find her earning after 4 weeks. It is a type of question based on the unitary method.
1 week = $785
4 week = 4 × $785
= $3140
Hence, her salary after 4 weeks is $3140.
The December 31, 2009, balance sheet of Anna’s Tennis Shop, Inc., showed current assets of $2,584 and current liabilities of $1,191. The December 31, 2010, balance sheet showed current assets of $2,644 and current liabilities of $1,048. What was the company’s 2010 change in net working capital, or NWC?
Answer: ($203)
Explanation:
The company’s 2010 change in net working capital will be calculated thus:
Net working capital = current assets - current liabilities
For 2009, net working capital will be:
= $2,584 - $1,191
= $1393.
For 2010, net working capital will be:
= $2,644 - $1,048
= $1596
Change in net working capital will be:
= $1393 - $1596
= ($203)
Rental agreements are typically paid while leases are typically for Select
a month to month,4 months to 10 years
b week to week, 2 months to 3 years
c month to month,6 months to a year
d week to week,6 months to a year
Most time, the Rental agreements are typically paid month to month while the leases are typically for 6 months to a year.
What is a Rental agreements & leases?Rental agreements refers to agreement made on a rent between a tenant and landlord of a property while the leases agreements is between the lessee and lessor.
Thus, in most time, the Rental agreements are typically paid month to month while the leases are typically for 6 months to a year.
Therefore, the Option C is correct.
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a stock is expected to pay a dividend of $0.75 at the end of the year. the required rate of return is rs
A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is r_s = 10.5%, and the expected constant growth rate is g = 6.4%. The stock's current price is $18.29.
What is the stock's current price calculation and what ids stock?Calculation of stock's current price:
Stock′s current price = Dividend ÷ Required rate of return - growth rate
Stock′s current price = $0.75÷ 10.5% - 6.4%
Stock′s current price = $0.75 ÷ 4.1%
Stock′s current price = $0.75÷ 0.041
Stock′s current price = $18.29
A stock can be understood as a general term used to describe the ownership certificates of any company. On the other hand, share refers to the stock certificate of a particular company. When we hold a particular company's share it makes usa shareholder. Stocks are of two types, they are common and preferred.
The difference is while the holder of the former has voting rights that can be exercised in corporate decisions, the latter doesn't.
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Your question is incomplete, but most probably your full question was,
A stock is expected to pay a dividend of $0.75 at the end of the year. the required rate of return is r_s = 10.5%, and the expected constant growth rate is g = 6.4%. Find the stock's current price?
a. $17.29
b. $18.29
c. $16.00
d. $12.00