the percent of sales method can be used to forecast group of answer choices expenses. assets. liabilities. all of the above
Answers
The percent of sales method can be used to forecast all of the above - expenses, assets, and liabilities.
To explain further, the percent of sales method is a financial forecasting technique that uses historical data to project future financial outcomes. This method assumes that certain expenses, assets, and liabilities will increase or decrease in proportion to changes in sales revenue.
For example, if a company's historical data shows that their expenses have consistently been 25% of their sales revenue, they can use this percentage to forecast their future expenses. Similarly, if their historical data shows that their accounts receivable have typically been 10% of their sales revenue, they can use this percentage to forecast their future assets.
Overall, the percent of sales method provides financial forecasting by utilizing historical data to make informed projections for expenses, assets, and liabilities.
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Related Questions
Value Added Inc. buys $1 million of sow's ears at the beginning of January but doesn't pay immediately. Instead, it agrees to pay the bill in March. It processes the ears into silk purses, which it sells for $2 million in February. However, it will not collect payment on the sales until April. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Enter your answers in thousands of dollars not in millions.)
(a) What is the firm’s net income in February?
(b) What is its net income in March?
Answers
Answer and Explanation:
The computation is shown below:
Firm net income in Feb is
= Sales - cost of goods sold
= $2,000,000 - $1,000,000
= $1,000,000
Now the net income is
= $1,000,000 ÷ 1,000
= 1,000 thousands
b. For the month of march, the net income is zero
By using the above formula the correct amount could come and the same is to be considered
Annie is at the checkout line of the grocery store when she sees a case of candy bars. She then decides to buy them. This is an example of
On the Spot Buying
Impulse Buying
Random Buying
Emotional Buying
Answers
A hurricane damages crops in Florida. What factor will impact economic conditions?
unemployment rates
NI natural disaster
inflation rates
government policy
Answers
Answer:
NI natural disaster i think
Explanation:
Elaine just accepted a new job and is working with the company's HR department to fill out
paperwork. Which of the following steps is she responsible for?
a. Determine how much tax to withhold from her paychecks based on W-4 information
b. Complete a W-4 form
c. Send withholding amounts to the
federal government
d. Complete a W-2 form
Answers
As a new person that has been accepted to the new Job that has to fill the HR of the company, what she is going to be responsible for would be to Complete a W-4 form.
What is a W-4 form?W-4 form is the term that is used to refer to the form that thet the people that are employed in a particular organization would have to fill. The form would have to tell the amount of money that the employee is to withhold from your pay as the tax that you are to pay to the government as your income.
The other term that the form is used to be called is the employee withholding certificate because of the work that the form is meant to achieve.
Hence we would have to say that the steps that Elaine is going to be responsible for filling would be the employee withholding for the business to take her federal taxes for the government.
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Which of the following statements concerning the builders risk coverage form is correct?o AIt usually continues in effect for one year after completion of the structure.o BIt covers the interest of the builder only and cannot include coverage for the owner.o CIt may not be written for perils other than fire and extended coverage.o DIt may be written on a reporting form for the completed value of the structure.
Answers
The builder's risk coverage form cannot be issued for risks other than fire and extended coverage, which is the true statement regarding it. Here option C is the correct answer.
Builder's risk coverage is a specialized insurance policy that provides coverage for damage or loss to a building or structure during the construction phase. While it is important to note that insurance policies can vary, typically builders' risk coverage is not limited to fire and extended coverage.
Instead, it is designed to protect against a wide range of perils that could cause damage or loss to the project, such as vandalism, theft, windstorms, lightning, and more. The duration of a builders risk policy can vary and is typically tailored to the specific construction project.
It may continue in effect for one year after completion, but it could also be shorter or longer depending on the terms of the policy. Builder's risk coverage can be written to protect the interests of both the builder and the owner. The policy can include coverage for the builder's investment as well as the owner's interest in the property.
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a stock with a current market price of $15.70 has an associated call option priced at $4.30 and a strike price of $12.50. this call has an intrinsic value of and a time value of . a) $4.30; $0 b) $3.20; $1.10 c) $1.10; $3.20 d) $0; $4.30
Answers
A stock with a current market price of $15.70 has an associated call option priced at $4.30 and a strike price of $12.50. this call has an intrinsic value of and a time value of $3.20 and $1.10. The correct option is B.
What is the intrinsic value?The current market price of the stock = $15.70
The associated call option price = $4.30
Strike price = $12.50
Firstly, we need to find the intrinsic value of the call option which is the difference between the current market price of the stock and the strike price of the option.
The intrinsic value = (Current market price - Strike price) = ($15.70 - $12.50) = $3.20
Time value = Call option price - Intrinsic value = $4.30 - $3.20 = $1.10
Therefore, the intrinsic value of the call option is $3.20 and the time value of the call option is $1.10.
Therefore, the correct option is B.
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What is an appraisal? Why is it usually included in the closing costs for buying a home?
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The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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According to the video, what are some decisions that Architects make? Check all that apply. how much money a building will be worth when finished what traffic patterns people will follow how people will feel when they enter or leave a building how many laborers are needed for a project where to put doors, walls, and windows what building materials to use which people will be allowed to enter a building
Answers
Answer:
2,3,5,6
Explanation:
Answer:
other guy is correct
Explanation:
The Johnson folder is code red and must be handled offline and across cross-functional departments in the accounting section of this firm.
1) With reference to the Johnson account, please do not share the confidential information contained within the folder. Only the accounting department is authorized to view the information within.
2) The Johnson folder contains confidential information. It should be seen only by the accounting department.
3) The Johnson file should be handled in the accounting department. Every effort should be made to carefully handle sensitive information.
Answers
It is imperative that the information is not shared with anyone outside of the accounting department. Additionally, the Johnson folder should be handled offline and across cross-functional departments to ensure that the information is kept secure.
It is important to remember that every effort should be made to carefully handle the sensitive information within the Johnson folder to prevent any unauthorized access. The Johnson folder is code red and must be handled offline and across cross-functional departments in the accounting section of this firm. To ensure confidentiality, here are the steps you should take:
Do not share the confidential information contained within the Johnson folder with anyone outside of the accounting department.Only the accounting department is authorized to view the information within the Johnson folder.The Johnson file should be handled carefully in the accounting department.By following these steps, you can ensure the confidentiality of the information contained in the Johnson folder.
The Johnson folder is considered to be code red, which means that it contains highly sensitive and confidential information that must be handled with care. It is important to remember that only the accounting department is authorized to view the information within the folder.
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In this pay, Moss Company deducted OASDI taxes of $5,276.24 and HI taxes of $1,233.95 from the $85,100.90 of taxable wages paid. What is Moss Company's portion of the social security taxes for: Round your answers to the nearest cent.
Answers
Answer:
A. $5,276.26
B. $1,233.96
Explanation:
Calculation for What is Moss Company's portion of the social security taxes for:
a. OASDI taxes=($85,100.90 x 6.2%)
OASDI taxes=$5,276.26
Therefore Moss Company's portion of the social security taxes for OASDI will be $5,276.26
b. HI taxes=($85,100.90 x 1.45%)
HI taxes=$1,233.96
Therefore Moss Company's portion of the social security taxes for HI will be $1,233.96
The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answers
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
6. What does Rose argue should be the last part of a presentation to the VC? Why?
Answers
Rose argued that the last part of a presentation to the VC should be " a wrap-up that leads to the final pitch."
David S. Rose is a prominent angel investor famous for being the founder and Chairman Emeritus of New York Angels.
In one of his entrepreneurship discourses, Rose claimed that the last part of a presentation to the VC should be the overall presentation in a short form that would comprise the main points of the all-around presentation.
Rose concluded that these key points should be the reason to convince a Venture Capitalist to invest in the business.
Hence, in this case, it is concluded that the last part of a presentation is crucial to convince a Venture Capitalist.
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You are to make monthly deposits of $675 into a retirement account that pays an APR of 10.3 percent compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 31 years
Answers
To calculate the future value of your retirement account, we can use the formula for compound interest: FV = P * (1 + r)^n
Where:
FV = Future Value (the desired value of the retirement account)
P = Monthly deposit amount ($675)
r = Monthly interest rate (10.3% divided by 12, or 0.086)
n = Total number of compounding periods (31 years multiplied by 12, or 372)
Plugging in the values:
FV = $675 * (1 + 0.086)^372
Calculating the expression:
FV ≈ $2,032,554.94
Therefore, your retirement account is projected to be approximately $2,032,554.94 in 31 years if you make monthly deposits of $675 into an account with an APR of 10.3 percent compounded monthly.
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Which of the following nonverbal signals can you use to indicate interest and enthusiasm?
A. Fidgeting
B. Crossing your arms
C. Making eye contact
D. Sitting at a distance
Answers
C. Making eye contact
Have a great day!
Parent Corporation for ten years has owned all of the stock of Subsidiary Corporation, which manufactures widgets. Parent's basis in Subsidiary's stock is $500,000. Subsidiary Corporation is insolvent and has no assets to redeem any of the stock that Parent Corporation owns when it liquidates. Nearly all of Subsidiary's gross income during the past five years has come from nonpassive activities. Parent can recognize
Answers
when a salesperson calls or visits a person who did not ask to be contacted and tries to sell him or her a product or service, the salesperson is using a sales method called...
Answers
Calling who haven't publicly stated interest in a product a service is a sales strategy known as "cold calling." The success of company cold callers by skilled people is 2%. A everyday thing is cold calling.
What is a salesperson's job?Simply said, a sales representative promotes a company's brand while selling its goods or services. From the first prospect outreach until the actual transaction, they maintaining patient connections and function as the primary point of contact.
A salesman does what sort of work?A sales position is attempting to persuade clients to purchase an item or service. Many people depend need sales to market their goods and services, so individuals who desire to work in sales have a variety of job options at their disposal.
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a favorably adjudicated background investigation is required for access to classified information
Answers
A favorably adjudicated background investigation is required for access to classified information is false.
What must be done before access to secret information is granted?Anyone who applies for a security clearance will be given access to restricted information. A security clearance can only be given to Americans. A security clearance will be given to everyone who has an official need to know in order to carry out their assigned activities.
Therefore, An example of an adjudication decision is the determination of special access eligibility for employees whose jobs include particularly sensitive information.
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See full questionbelow
a favorably adjudicated background investigation is required for access to classified information true or false.
Answer: True
Explanation: Ik y’all here from the army move on soldier
What are the responsibilities of the us bureau of engraving and printing.
Answers
Answer: serves to ensure that adequate amounts of currency and coin are in circulation.
Suppose a company decides to lay off 150 workers to increase share values as a result some interested parties would benefit while others would suffer this scenario demonstrates the concerns with the _____ theory of social responsibility.
A. Maximizing profits
B. Stakeholder interest
C. Corporate citizenship
D. Moral minimum
Answers
Answer:
Corporate citizenship
Write any five methods of getting information of foreign employment and discuss any one of them.
Answers
Answer:
May it will help you
Explanation:
1) Notice board
2) Book of introduction
3) Institutions work working under the ministry of labour
4) Authority of human resources
5) Manifestos of training institutions
6)Web site
7) Newspapers
8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.
They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.
9)Radio and television
Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.
Who is Foreign employment?
Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.
Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.
Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television
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20 POINTS
What are the six ethical values AMA identifies for all marketing professionals?
Answers
Which is an example of a pun that could be included in a book about space?
Answers
Answer:
When writing about planets, my favorite key on the keyboard is the space bar
Explanation:
btw can i plz get brainliest
What would you like to know?
Answers
Answer:
I like these free points. Also Panic! At The Disco anyone?
Explanation:
an increase in worker productivity will lead to a:
Answers
An increase in worker productivity will lead to an increase in the company's output and profitability.
An increase in worker productivity can result from various things such as the adoption of better equipment and technology, better management and supervision, and training.
Productivity is a measure of efficiency, indicating how much output is produced from a given amount of input. It is a measure of the relationship between inputs and outputs and how efficiently resources are used.
Increasing productivity implies that more goods and services can be produced with the same resources, which can lead to an increase in profits and economic growth.
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3- Use the following data to answer the questions below:
Category
Billions of Dollars
Consumption $200
Investment $ 50
Government Spending $ 60
Exports $ 70
Imports $ 80
Depreciation $ 10
Foreign Factor Income $ 10
Please answer in whole numbers.
a. How much is net exports? $
b. How much is net investment? $
c. How much is GDP? $
d. How much is Net Domestic Product? $
e. How much is National Income?$
Answers
Explanation:
a. Net exports = Exports - Imports = $70 - $80 = -$10 b. Net investment = Investment - Depreciation = $50 - $10 = $40 c. GDP = Consumption + Investment + Government Spending + Net Exports = $200 + $50 + $60 - $10 = $300 d. Net Domestic Product = GDP - Depreciation = $300 - $10 = $290 e. National Income = Net Domestic Product + Foreign Factor Income = $290 + $10 = $300
determine whether each of the following is a paycheck deduction or an employee incentive
401(k)
FICA
Medicare
life insurance
Social security
Answers
Answer:
See below
Explanation:
A paycheck deduction is a compulsory deduction imposed on all employees by the federal or state government. For a paycheck deduction, the employee has no option but to pay. The amount payable is a percentage base on the gross pay. The federal or state government set the percentage to be deducted.
From the List paycheck deduction are
Medicaresocial securityEmployee incentives are benefits offered to employees by their employer. Incentives motivate employees to work hard, save for retirement, or promote employees' welfare.
Incentives in the list are
401(k) Life insuranceAnswer:
Employee incentive: 401 (k), life insurance
Paycheck deduction: Social security, Medicare, FICA
Explanation:
Hope it helps
if a company’s beta were to double, would its expected return double? please explain.
Answers
The main answer is: No, the expected return of a company would not necessarily double if its beta doubles.
Beta is a measure of a company's systematic risk, which indicates how the company's stock price moves in relation to the overall market. A higher beta implies higher systematic risk.The expected return of a stock is determined by the risk-free rate, the market risk premium, and the stock's beta. The formula for the expected return is:Expected Return = Risk-Free Rate + (Beta * Market Risk Premium)If a company's beta doubles, it means its systematic risk has increased. However, the expected return is not solely dependent on beta but also on the market risk premium and the risk-free rate. If the market risk premium and risk-free rate remain constant, then doubling the beta would result in a higher expected return. However, changes in market conditions and investor sentiment can also affect the expected return.Therefore, while a higher beta indicates increased risk, it does not guarantee that the expected return will double. Other factors in the expected return formula need to be considered as well.
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earley corporation issued perpetual preferred stock with a 12% annual dividend. the stock currently yields 8%, and its par value is $100. round your answers to the nearest cent. what is the stock's value?
Answers
The value of the perpetual preferred stock is $150. The value of the perpetual preferred stock can be calculated using the dividend discount model (DDM) formula.
The value of the perpetual preferred stock can be calculated using the dividend discount model (DDM) formula, which is V = D / R, where V is the stock's value, D is the annual dividend, and R is the required rate of return or yield.
In this case, the annual dividend is 12% of the par value, which is $100. Therefore, the annual dividend (D) is $100 * 0.12 = $12.
The stock currently yields 8%, so the required rate of return or yield (R) is 0.08.
Now, we can calculate the stock's value (V) using the DDM formula:
V = D / R
V = $12 / 0.08
V = $150
Therefore, the value of the perpetual preferred stock is $150.
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The young men below are in colloquial language, “getting their hustle on!” Explain how their business is a sole proprietorship. Secondly, explain why the government will have a difficult time taxing this type of business.
Answers
These businesses are typically not registered with the government, and they do not have an official structure.
The government may be unwilling or unable to regulate these types of businesses because they are frequently viewed as necessary for economic growth and development.
In colloquial language, the young men below are "getting their hustle on." A sole proprietorship is a type of business that is owned and operated by a single individual. The young men's business can be referred to as a sole proprietorship since they are the sole owners of the business.
They are the ones who started the business, are responsible for all of its operations, and are accountable for all of the profits or losses.The government will have a tough time taxing this type of business for a variety of reasons.
Firstly, these businesses are typically not registered with the government, and they do not have an official structure. As a result, it's difficult for the government to track their activities and evaluate their taxes.
Secondly, many of these businesses operate in the informal sector, and they do not have formal accounting procedures or systems in place. As a result, it's difficult for the government to determine their exact revenue and taxable income.
Thirdly, these businesses are frequently involved in cash transactions, and it's difficult for the government to monitor their cash flow and revenue. As a result, they may not accurately report their earnings or pay the required taxes.
Finally, the government may be unwilling or unable to regulate these types of businesses because they are frequently viewed as necessary for economic growth and development. As a result, they may not be heavily taxed, if at all, since the government may be hesitant to discourage their operations.
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The diagram shows the circular flow of goods and resources in a market economy. According to this diagram, where do individuals sell their labor? Responses A in the factor marketin the factor market B in householdsin households C in the product marketin the product market D in the revenue marketin the revenue market Question 2
Answers
The factor market is where people sell their labor. As a result, choice (A) is the proper reaction.
What is the factor market?A factor market is a marketplace where the components of manufacturing are purchased and traded in economics. Factor markets provide income to the owners of productive resources, such as wages, rents, and so on, as well as the factors of production, including land, labor, and capital.
Companies purchase productive resources in exchange for factor payments made at factor pricing. The derived demand principle governs how product and factor markets interact.
Hence, option (A) is the accurate choice.
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