The most recent financial statements for Zoso, Inc., are shown here (assuming no income taxes): Income Statement Balance Sheet Sales $4,200 Assets $14,900 Debt $10,900 Costs 3,420 Equity 4,000 Net income $780 Total $14,900 Total $14,900 Assets and costs are proportional to sales. Debt and equity are not. No dividends are paid. Next year's sales are projected to be $5,965.
What is the external financing needed?
Answers
Answer:
$26,949.40
Explanation:
Growth rate in sales = ($5,965-$4,200)/$4,200 = 0.4202381 = 42.02%
Sales $5,965
Less:costs(3,420*1.42) $4,856.4
Net income $1,108.60
Total assets would be = $14,900 * 142% = $21,158
Total equity would be = $4,000 + $1,108.60 = $5,108.60
Total assets = Total equity +Total liabilities
Hence, external financing needed = $21,158 - $5,108.60 + $10,900 = $26,949.40
Related Questions
describe the distorting effects of taxes to intrapreneurs
Answers
Answer:
The higher the tax rate, the more capital is taken out of the hands of the entrepreneur and into the hands of the government. Therefore, many believe that higher tax rates leave entrepreneurs with less money to reinvest in their businesses, leading to less job creation.
Explanation:
https://smallbusiness.chron.com/tax-rates-affect-entrepreneurship-39006.html
Carlisle Carts manufactures custom carts for a variety of uses. The following data have been recorded for Job 557, which was recently completed. Direct materials used cost $6,300. There were 180 direct labour hours worked on this job at a direct labour wage rate of $20 per hour. There were 75 machine hours used on this job. The predetermined overhead rate is $32 per machine hour used. What is the total manufacturing cost of Job 557? Select one: OA. $6,555 OB. $2,400 OC. $3,600 OD. $12,300
Answers
The total direct labor cost is 180 direct labor hours * $20 per hour = $3,600. The total overhead cost is 75 machine hours * $32 per machine hour = $2,400. So the total manufacturing cost of Job 557 is $6,300 (direct materials) + $3,600 (direct labor) + $2,400 (overhead) = $12,300.
What is an overhead?Overhead refers to the indirect costs associated with manufacturing a product or providing a service. These expenses are indirect because they cannot be clearly connected to a single unit of goods or service. Overhead expenditures include rent, utilities, insurance, property taxes, and general administrative expenses such as salary for non-production workers. Overhead expenditures are often unrelated to the manufacturing process yet are required for the firm to function. To correctly establish the cost of a product, overhead expenditures must be allocated to the product on some basis, such as machine hours or direct labour hours. This allocation is frequently handled using a predefined overhead rate, which is then utilized to allocate overhead to each task or unit of output.
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Circle Square, incorporated had an ROI of 9%, turnover of 3.0, and sales of 4 million for the year. What is the margin for the year
Answers
The margin for the year is 30% for Circle Square, incorporated had an ROI of 9%, turnover of 3.0, and sales of 4 million for the year.
What is margin?
To calculate the margin, we can use the formula:
Margin = Net Income / Sales
First, we need to find the net income, which is calculated as:
Net Income = ROI x Total Assets
Total Assets = Sales / Turnover
Net Income = ROI x (Sales / Turnover)
Net Income = 0.09 x (4,000,000 / 3.0)
Net Income = $1,200,000
Now we can calculate the margin:
Margin = Net Income / Sales
Margin = $1,200,000 / $4,000,000
Margin = 0.30 or 30%
Therefore, the margin for the year is 30%.
What are the assets?
An asset is a resource that is owned or controlled by an individual, company, or organization that has economic value and is expected to generate future benefits. Assets can be both tangible and intangible. Tangible assets are physical objects that can be seen and touched, such as buildings, equipment, inventory, and cash. Intangible assets, on the other hand, are non-physical items that do not have a physical presence but still have value, such as intellectual property, brand names, patents, trademarks, and copyrights.
Assets are recorded on a company's balance sheet and are typically classified as current assets, such as cash or inventory that can be converted to cash within one year, or long-term assets, such as buildings or equipment that will provide future economic benefits over a period of several years.
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In two to three sentences, answer the following:
What is the most important information you need to receive a stock quote?
What information you can obtain from a stock quote?
Answers
The most important information needed to receive a stock quote is the ticker symbol of the specific stock.
From a stock quote, you can obtain various information about the stock, including the current price of the stock, the trading volume (number of shares traded), the bid and ask prices (the prices at which buyers are willing to buy and sellers are willing to sell), the day's high and low prices, the previous close price, and the percentage change in price from the previous trading session.
Additionally, some stock quotes may provide additional data such as the company's market capitalization, dividend yield, and earnings per share.
Stock quotes provide a snapshot of a stock's performance in the market and are important for investors to make informed decisions regarding buying or selling stocks. They allow investors to track the price movements and trends of a particular stock and assess its potential value and risks.
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If I paid 550 dollars every month how much did i pay in the past 7 years?
Answers
Hello!
1 month => 550
1 year = 12months => 550 x 12 =6600
7 year = 6600 x 7 = 46200
The answer is 46200
Suppose that Income 800 Quantity of x is 40units Quantity of y is 20units y Calculate price per unit for good x and Draw budget line 4 Calculate MRS 20.05
Answers
To calculate the price per unit for good x, we divide the income by the quantity of x. In this case, the income is 800 and the quantity of x is 40 units.Price per unit of good x = Income / Quantity of x = 800 / 40 = 20.So, the price per unit for good x is 20.
To draw the budget line, we plot the intercepts on the x and y axes. The intercept on the x-axis is 40 units of x, and the intercept on the y-axis is 20 units of y. We connect these two points to form the budget line.
To calculate the Marginal Rate of Substitution (MRS), we need the utility function or the indifference curve representing the consumer's preferences. Since the utility function is not provided, we cannot calculate the MRS accurately.
However, if the MRS is given as 20.05, it indicates the rate at which the consumer is willing to substitute good y for good x while keeping utility constant. For example, if the consumer is willing to give up 20.05 units of good y to obtain an additional unit of good x, the MRS would be 20.05.
It's important to note that without additional information or a specific utility function, we cannot provide further analysis or determine the exact units of goods x and y to be consumed based on the given MRS.
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Which financial statement would include a listing of a companies assets
Answers
Answer:
Balance Sheet
Explanation:
In accounting, Balance sheet will show a complete listing of assets, liabilities and Equity of a company within a specific time period. (For most companies, the balance sheet will be made at each end of the year)
under the Assets segment, Balance sheet will specify several accounts arranged based on their liquidity. Cash usually put at the top of the list since it's considered as the most liquid assets.
People use balance sheet to give a general measurement on Company's financial health. If for example, they noticed that the liability is significantly larger than their assets, investors might feel discourage to invest in the company.
What is the main reason that people purchase insurance policies?
A. they want to reduce the cost of their student or personal loans.
B. They want to avoid paying for major unexpected expenses.
C. They want to avoid increasing their monthly premiums
D. They want to invest money in insurance to grow it over time
Answers
Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.
What is an insurance policies?An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.
Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.
Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,
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On January 1, 2020, Shay Company issues $700,000 of 10%, 15-year bonds. The bonds sell for $684,250. Six years later, on January 1, 2026, Shay retires these bonds by buying them on the open market for $731,500. All interest is accounted for and paid through December 31, 2025, the day before the purchase. The straight-line method is used to amortize any bond discount.
-What is the amount of the discount on the bonds at issuance?
-How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2020, through December 31, 2025?
-What is the carrying (book) value of the bonds as of the close of business on December 31, 2025?
-Prepare the journal entry to record the bond retirement.
Answers
1. The amount of the bond discount at issuance is $15,750.
2. $6,300 amortization discount has been recorded on the bonds from January 1, 2020, through December 31, 2025.
3. The carrying (book) value of the bonds as of the close of business on December 31, 2025, is $690,550.
4. The journal entry to record the bond retirement at a loss is as follows:
Journal Entry:Account Titles Debit Credit
December 31, 2025:
Bonds Payable $700,000
Retirement Loss $40,950
Cash $731,500
Bond Discounts $9,450
Bonds' issuance date = January 1, 2020
Face value of bonds = $700,000
Sales proceeds = $684,250
Bond discounts at issuance = $15,750 ($700,000 - $684,250)
Period of bonds = 15 years
Coupon rate = 10%
Bond's retirement on Jan. 1, 2026 = $731,500
Bond discount amortization method = straight-line
Annual bond amortization = $1,050 ($15,750/15)
Bond amortized after 6 years = $6,300 ($1,050 x 6)
Carrying value of bonds on December 31, 2025 = $690,550 ($700,000 - $9,450)
Carrying value of bond discounts = $9,450 ($15,750 - $6,300)
Transaction Analysis:Bonds Payable $700,000 Retirement Loss $40,950 Cash $731,500 Bond Discounts $9,450
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scientific management.
management by objectives (MBO).
the program evaluation and review technique (PERT).
programmed management.
Answers
Answer:
im bored soo hi
Explanation:
g Suppose you own a jewelry store. In exchange for a discount on your burglary insurance premium, you promise the insurer that you will keep a trained guard dog on the premises at ALL times, even when the store is closed. You decide one evening to take the dog home with you (it's his birthday and you want to give him a night off) instead of leaving him in the store. A burglar breaks in and steals everything that night. The insurance company finds out the dog wasn't in the store when the burglary happened and denies your claim. WHY
Answers
Answer:
The store's insurance company is right to deny the claim, provided it is written down in the insurance policy agreement between the store and the insurance company. The policy agreement requires the keeping of a trained guard dog on the premises at ALL times.
Explanation:
The violation of a policy condition can only be overlooked if it is not stated in the insurance agreement. The promise to keep a trained guard dog on the premises is a policy condition. Taking the dog home for a night violates that condition. You could have brought a substitute dog on the night of the dog's birthday. This way, it could have frustrated the burglar's efforts on the faithful day.
Sam and Devon agree to go into business together selling college-licensed clothing. According to the agreement, Sam will contribute inventory valued at $110,000 in return for 80 percent of the stock in the corporation. Sam’s tax basis in the inventory is $55,000. Devon will receive 20 percent of the stock in return for providing accounting services to the corporation (these qualify as organizational expenditures). The accounting services are valued at $27,500. (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.)
Assume Devon received 25 percent of the stock in the corporation in return for his services.
g. What amount of income, gain, or loss does Devon recognize on the formation of the corporation? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)
Answers
Answer:
Explanation:
$38,500
A ___________ is responsible for all debt and is easy to create
Answers
A Sole proprietorship is responsible for all debt and is easy to create.
How liable are Sole proprietorships?Sole proprietorships are the most risky type of business to get involved in because the Sole proprietor will be responsible for all the debts that the business incurs. What this means is that if the business is unable to pay off its debts, the creditors are legally able to go after the assets of the Sole proprietor.
The good thing about Sole proprietorships however, is that they are easy to set up or create. The legal requirements governing them are not as stringent.
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identify the types of south African businesses/market share
Answers
A company may be incorporated in South Africa under one of five legal categories: a private company, a personal liability company, a public company, a non-profit organisation, or a state-owned corporation.
What percentage of the market?South Africa is a newly industrialised nation with an upper-middle-income economy, according to the World Bank. It is ranked 34th in the world and has the second-largest economy in Africa. South Africa has the 7th per economic status in Africa in the context of purchasing power parity. Nevertheless poverty and inequality continue to be widespread, with almost 25% of the population unemployed and surviving on less than US$1.25 per day. Yet, South Africa continues to have a significant regional impact and is regarded as a middle power in international affairs.
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3. Kelly executed a mortgage to Union Bank to secure an initial loan of $25,000. The mortgage contained a clause that provided: "This loan shall be for the purpose of construction of a dwelling house on the above- described property and shall cover and secure additional advances to be made by mortgagee to mortgagors in total amount not to exceed $145,000." Kelly later received other loans from Union totally $145,000. However, before the additional bank advances were made, several contractors furnished Kelly with materials and labor in building his home and complied with the state’s mechanics lien statute even though Kelly had failed to post a proper notice of commencement as required by the statute. Kelly did not pay the contractors and he defaulted on his bank loan. Union Bank foreclosed on its mortgage and argued that its mortgage, recorded before the contractors furnished their materials and labor, gave it priority. The contractors claimed that Union Bank only had a superior lien for $25,000 and that the remainders of its advances were subject to their mechanics’ liens. Who is correct? Why?
Answers
In the scenario provided, the statement that Union Bank can only claim $25,000 and the remainder advances must be paid to the contractors is factually true.
As per the case fought in the court of Lyman Lamb Company vs Union Bank of Benton, the decision was made in the favor of the contractors. It was stated by the court that a valid mortgage may be executed to secure debt which is to be contracted in the future but in doing so, an unequivocal agreement in the instrument itself must be mentioned for the debts incurred in future.
The Union Bank was liable to claim of $25,000 but no such clause/agreement was made that constituted prior or first lien for subsequent advances because was the bank was not in any obligation to do so.
The conclusion made by the court was that the mechanics lien had priority, as they furnished the required materials before Union Bank made the advances.
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Recommended methods to protect yourself from identity
theft and fraud include____
Answers
A. Placing a credit freeze with the credit bureaus is the correct answer.
Answer:
A. Placing a credit freeze with the credit bureaus is the correct answer.
Explanation:
mark please
Question
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Analyse the stock price of Kingston properties limited
between February 1, 2022, and February 1, 2023, and
discuss whether you would recommend selling,
holding or buying this stock. State the reason(s) for
your selection.
Answers
To be able to make an informed decision in regards to if one wants to to buy, hold, as well as sell a stock, it is seen as a vital note to carry out good research as well as analysis of a lot of factors, such as the financial performance of the firm , its competitiveness with others, etc.
What is the stock price?If a person wants to analyze the stock price of a firm, there are some forms of common methods to use such as =technical analysis, and this is one that entails studying a lot of historical price patterns as well as trends, and that of fundamental analysis.
Therefore, it involves looking at the firm's financial statements, as well as their earnings growth, valuation metrics, and any kind of document such as key financial indicators.
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The City of Houghton enacted an ordinance that forbids religious groups from distributing religious materials within the city limits of Houghton unless the distributor is granted a permit. Other types of materials can be distributed without a permit. What concerns do you have about the constitutionality of this ordinance?
Answers
The concerns that have about the constitutionality of this ordinance are Freedom of Religion, Content-Based Restrictions, Prior Restraint, Equal Protection and Unfettered Discretion.
Here are a few major concerns:
Religious Freedom: The First Amendment to the United States Constitution provides religious freedom, which includes the right to practise and express one's religious views. Content-Based limitation: By treating religious materials differently from other types of materials, the ordinance appears to impose a content-based limitation on communication. Prior constraint: Requiring religious organisations to seek a licence before disseminating religious materials is a type of prior constraint on speech. Equal Protection: If the ordinance treats religious groups differently than other groups or items, it may raise questions regarding legal equality. Unrestricted Discretion: If local officials have unrestricted discretion in choosing who gets a permit, there is a possibility of viewpoint discrimination or bias.For such more question on Restrictions:
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Which best compares and contrasts the teaching and training careers and the professional support careers?
Both careers try to support student success; however, teaching and training careers
involve direct instruction of students.
Both careers help students learn; however, teaching and training careers are involved in running the school.
Both careers are increasing the number of available jobs; however, professional support career earns less money.
Both careers have support careers; however, professional support careers assist in the classroom
Answers
Answer: A. Both careers try to support student success; however, teaching and training careers involve direct instruction of students.
A company has net income of $945,000; its weighted average common shares outstanding are $189,000. its dividend per share is $0.90, its market price per share is $97, and its book value per share is $89.50. its price earnings ratio equals:
Answers
Explanation:
Net Income=$945000
Average outstanding=$189000
Per Share=$0.90
Market price=$97
Book value=$89.50
Ratio=7:5
. 21 Century Skills You will employ online tools for research
Directions
Read the instructions for this self.checked activity Type in your response to each question, and check your armer
a brief evaluation of your work
Activity
Conduct an online research on any consumer services industry to determine the competitive nature of the indu
global. Also analyze the role of the economic system that the industry operates in and the local and internationa
industry. Write an essay of about 500 words on your findings,
B
1
U
X
Font Sizes
A
Answers
Answer:
(Answer may vary but should include some of these points.)
Mi familia es muy unida. Nos juntamos los fines de semana a almorzar en la casa de mi abuela. Mi abuela nos quiere mucho y nos prepara postres muy ricos. Mis padres son muy independientes. Mi madre trabaja y mi padre también. Mi hermano estudia en la universidad y tiene una novia desde hace cinco años. Se quieren casar en noviembre. Mis abuelos están muy felices porque quieren ver crecer a los hijos de sus nietos. Me gusta mi familia porque somos todos muy unidos.
Explanation:
A diesel-powered tractor with a cost of $250,020 and an estimated residual value of $6,200 is expected to have a useful operating life of 73,000 hours. During April, the tractor was operated 200 hours. Determine the depreciation for the month. If required, carry out any division to two decimal places. $fill in the blank 1
Answers
Answer: 365
Explanation:
Consider a bond selling at par ($100) with a coupon rate of 6% and 10 years to maturity. (a) What is the price of this bond if the required yield is 15%?
(b) What is the price of this bond if the required yield increases from 15% to 16%, and by what percentage did the price of this bond change?
(c) What is the price of this bond if the required yield is 5%?
(d) What is the price of this bond if the required yield increases from 5% to 6%, and by what percentage did the price of this bond change?
Answers
a. Par Value = $100 Annual Coupon Rate = 6% Annual Coupon = 6% * $100 Annual Coupon = $6 Time to Maturity = 10 years If yield to maturity is 15%: Annual YTM = 15% Price of Bond = $6 * PVIFA(15%, 10) + $100.
How do you calculate the coupon rate of a bond?
The ROI (rate of interest) that the bond issuers pay on the bond's face value is known as the coupon rate, which is frequently used in relation to bonds. The amount that the GIS must reimburse is likewise calculated using the coupon rate (guaranteed income security).
A bond's coupon rate may be calculated by taking the total yearly coupon payments and multiplying by the bond's par value, then adding 100%. The yearly interest payment represented as a percentage of the bond's face value or par value is hence another way to think of the rate of a bond. Par Value of Bond * 100% * Annualized Interest Rate
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implications of game theory
Answers
Answer:
Game Theory is a general mathematical analysis to investigate the strategic interactions among players. Game theorists attempt to provide precise descriptions of situations of conflicting interests in order to study the behavior that such a conflict would (or, in some cases, should) elicit from rational agents. Players are assumed to consider the position and perceptions of other players while forming their strategies. In our examples, we will assume that there are two players, and that each has two choices and the fact that the players are selfish (operate in their own best interests) and rational .
Limitations of Game Theory :
The biggest issue with game theory is that, like most other economic models, it relies on the assumption that people are rational actors that are self-interested and utility-maximizing. Of course, we are social beings who do cooperate and do care about the welfare of others, often at our own expense. Game theory cannot account for the fact that in some situations we may fall into a Nash equilibrium, and other times not, depending on the social context and who the players are.
you are planning to open a sandwich shop. you begin to think about the four functions of business—production, marketing, management, and finance. describe how each function will apply to your business. explain how the functions will work together to ensure you run a successful sandwich shop.
Answers
Answer:
Explanation:
In order to run a successful business each of these functions need to be present and functioning efficiently since each one depends on the other in order for the entire business to succeed. Production makes sure that the business has products to sell. Marketing makes sure that potential customers are aware of the products that the business sells. Finance makes sure that the pricing for those products, costs, and expenses (marketing) all lead to profitability when calculated. And finally, Management makes sure that all of these functions interact efficiently and are poised for success.
The functions will work together to ensure you run a successful sandwich shop:
Production guarantees that the company has the products for sale. Marketing ensures that potential customers know what products the company is selling. Treasury guarantees that calculating the pricing, costs, and costs (marketing) of these products will all lead to profitability. And finally, management ensures that all these features interact efficiently and are on the path to success.Learn more :
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briefly explain how undertaking of agricultural modernisation is reducing open - urban employment
Answers
A recipe for macaroni and cheese calls for 18 ounces of cheddar cheese to make 32 four-ounce portions. How much would cheddar would be needed to produce 40 eight-ounce portions?
Answers
Answer: 45 ounces of cheddar
Explanation:
18 ounces of cheddar is used to make 32 four-ounce portions.
To make 1 four-ounce portion requires;
= 18/32
= 0.5625 ounces of cheddar
Making 1 eight-ounce portion should therefore be double that;
= 0.5625 * 2
= 1.125 ounces of cheddar
To make 40 ounces;
= 1.125 * 40
= 45 ounces of cheddar
The additional components of the marketing mix for marketing a service does not include which of the following?
people
process
popularity
physical environment
Answers
The marketing mix comprises four primary elements: product, price, promotion, and place. However, when marketing services, some additional components are added to the mix. These components are known as the 7Ps of marketing and include people, process, and physical evidence (or physical environment).
Popularity, on the other hand, is not a component of the marketing mix for services. Popularity can be considered a byproduct of the marketing efforts and how successful they are in promoting the service to the target audience. Popularity is a measure of how well a service is known or recognized in the market.
People: This component of the marketing mix is concerned with the people involved in the delivery of the service. These people include the employees, staff, and other personnel involved in providing the service to the customers. These people are critical to the success of the service and need to be trained, managed, and motivated to provide excellent service.
Process: This component of the marketing mix is concerned with the procedures and processes involved in the delivery of the service. The process should be designed to ensure that the service is delivered consistently and efficiently, meeting the needs and expectations of the customers. A well-designed process can enhance the customer experience and help in creating a positive perception of the service.
Physical Environment: This component of the marketing mix is concerned with the physical environment in which the service is delivered. This environment can include the ambiance, decor, lighting, and other factors that contribute to the customer experience.
A well-designed physical environment can enhance the customer experience and contribute to the success of the service.
Popularity: Popularity can be considered a byproduct of the marketing efforts and how successful they are in promoting the service to the target audience. Popularity is a measure of how well a service is known or recognized in the market.
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what factor influencing the choice of firm
Answers
Explanation:
There are many factors that can influence the choice of a firm, including:
Reputation: The reputation of the firm can be an important factor in influencing a person's decision. If a firm has a good reputation for quality and customer service, it may be more attractive to potential customers.
Price: The price of a firm's products or services can also be a factor. If the price is too high, customers may choose to go with a cheaper alternative.
Product quality: The quality of a firm's products or services can also influence the decision of potential customers. If the products or services are of high quality, customers may be more likely to choose the firm.
Location: The location of the firm can also be a factor. If the firm is located in a convenient location, it may be more attractive to potential customers.
Marketing: The marketing strategy of a firm can also be important in influencing the decision of potential customers. If the firm has a strong marketing campaign, it may be more attractive to potential customers.
Brand image: The brand image of a firm can also influence the decision of potential customers. If the brand is well-known and trusted, customers may be more likely to choose the firm.
Customer service: The level of customer service provided by the firm can also be a factor. If the firm provides good customer service, customers may be more likely to choose the firm
XYZ plans to sell 28,000 units in April. If it has 6,000 units on hand at the start of the month, and plans to have 9,000 units on hand at the end of the month, how many units must be purchased from the supplier during the month
Answers
Answer:
Purchases= 31,000
Explanation:
Giving the following information:
Sales= 28,000 units
Beginning inventory= 6,000 units
Desired ending inventory= 9,000 units
To calculate the purchases, we need to use the following formula:
Purchases= sales + desired ending inventory - beginning inventory
Purchases= 28,000 + 9,000 - 6,000
Purchases= 31,000