Your firm is contemplating the purchase of a new $590,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It will be worth $62,000 at the end of that time. You will save $220,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $77,000 (this is a one-time reduction). If the tax rate is 22 percent, what is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer 1

Your firm is contemplating the purchase of a new $590,000 computer-based order entry system. If the tax rate is 22 percent,the IRR for this project is 18.79%.

To calculate the Internal Rate of Return (IRR) for the project, we need to determine the cash flows associated with the investment and find the discount rate that makes the net present value (NPV) of those cash flows equal to zero.

The cash flows for the project include the initial investment, annual cost savings, and the salvage value at the end of the project.

Initial Investment: -$590,000

Annual Cost Savings: $220,000 (before taxes)

Working Capital Reduction: $77,000 (one-time)

Salvage Value: $62,000

To calculate the IRR, we set up the equation:

NPV = 0 = -Initial Investment + (Annual Cost Savings * PVIFA) + (Salvage Value / (1 + r)^n)

Where PVIFA is the present value interest factor of annuity and n is the number of years.

By solving for the discount rate (r) that makes the NPV zero, we can find the IRR.

Using financial calculators or software, the IRR for this project is found to be approximately 18.79%.

To learn more about  financial

https://brainly.com/question/989344

#SPJ11


Related Questions

please help in business with this work management tool​

please help in business with this work management tool

Answers

The above tool could be best used as a spreadsheet to manage workload by prioritizing tasks based on their importance and setting specific scheduling details for each task.

What is the explanation for the above response?

The tool can be used to track progress and identify any barriers to performance that may arise during the completion of the task.

Also, a contingency plan can be developed to ensure that the task is completed even if unforeseen issues arise. By using this tool, one can manage their workload more effectively and efficiently by breaking down complex tasks into smaller, more manageable steps.

This tool can also help to ensure that deadlines are met and that goals are achieved in a timely manner.

Learn more about workload management at:

https://brainly.com/question/28257725

#SPJ1

25 points, Why are certain brands global? 3-4 sentences, please.

Answers

Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.

Explanation:

Motor Works, Inc. has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 shares of $20-par common stock. The preferred stock is non-cumulative. How much will the preferred and common stockholders receive on the date of payment?

Answers

Answer: $7,500 preferred stock, $12,500 common stock

Explanation:

Given that:

Total cash Dividend = $20,000

Preferred stock:

5,000 shares of $15-par, 10%

Therefore ;

preferred stock balance = number of share × price × rate

5000 × $15 × 0.1 = $7,500

Balance of common stock is therefore ;

Total cash Dividend - balance of preferred stock

$20,000 - $7,500 = $12,500

Business optimism about future sales tends to __________ investment expenditures, shifting the _________curve to the __________. * Increase; AD; left Increases; AD: right Decrease; SAS; left Decrease; SAS: right

Answers

Answer:

increase, AD, left  

Explanation:

AD curve is the aggregate demand curve that is represents the demand of all the total quantities of the goods and the services which is demanded by the economy at the different price levels. It is the demand of the total spending of the domestic services and goods of the country.

The business optimism about the future sales tends to increase the investment expenditure and shifts the aggregate demand curve to the left side.

If manufacturing overhead has been overallocated during the period, and most of the jobs produced have been sold, then a cost of goods sold should be increased. b.cost of goods sold should be decreased. c. finished goods inventory should be increased, d work in process inventory should be decreased,

Answers

Because manufacturing overhead is applied based on a preset overhead rate, there is a possibility that it will either be underapplied or overapplied. Manufacturing overhead is being overapplied if the account has a credit balance at the conclusion of the quarter.

How are manufacturing overhead expenses divided between the inventory of work-in-progress?

A debit to the Manufacturing Overhead account is used to transfer manufacturing overhead expenses to the Work-in-Process Inventory account. Process costing is employed by accounting firms, construction companies, and healthcare organizations.

Each client is viewed as a task by a service provider, such as an accountancy firm. Actual overhead expenses exceeded those that were applied to jobs.

To know more about manufacturing overhead, refer:

https://brainly.com/question/30648249

#SPJ4

How could a U.S. firm with expenses related to outsourcing
components from a U.K. supplier, and denominated in British pounds,
use a foreign currency swap to reduce their foreign exchange risk?
(I’m

Answers

A foreign currency swap allows the firm to exchange its British pound payments for U.S. dollars at a predetermined exchange rate, reducing the uncertainty and potential losses associated with currency fluctuations.

To reduce foreign exchange risk, the U.S. firm can enter into a foreign currency swap agreement with a financial institution or a counterparty willing to engage in the swap. In this case, the firm would agree to exchange their British pound payments with the counterparty for U.S. dollar payments at a predetermined exchange rate.

Through the swap agreement, the firm effectively eliminates its exposure to fluctuations in the British pound's value against the U.S. dollar. This allows them to have certainty in the amount of U.S. dollars they will receive for their expenses, regardless of how the exchange rate fluctuates during the term of the agreement.

By using a foreign currency swap, the U.S. firm can hedge against potential losses due to unfavorable currency movements. It provides them with stability and predictability in their cash flows, as they can lock in a favorable exchange rate and protect themselves from potential currency depreciation. This allows the firm to better plan and manage its expenses, mitigating the risks associated with outsourcing components from a U.K. supplier and denominated in British pounds.

To learn more about exchange rates visit:

brainly.com/question/10187894

#SPJ11

what is the formula for activity ratio

Answers

Answer:

The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.

Explanation:

Please mark me brainliest

Answer:

The ratio is calculated by dividing the net sales by the working capital. The ratio helps you figure out the net annual sales generated by the average amount of working capital during a year.

Preliminary interviews are only required for the highest paying positions.

True or False?

Answers

False, because there’s lots that r like that

as more securities are added to a portfolio, what will happen to the portfolio's total unsystematic risk? multiple select question. it is likely to decrease. it will not change. it is likely to increase. it may eventually be almost totally eliminated.

Answers

As more securities are added to a portfolio, the portfolio's total unsystematic risk D) may eventually be almost totally eliminated.

A portfolio's chance isn't equal to the weighted common of the individual shares' wellknown deviations. The marketplace danger element of the whole portfolio threat may be decreased by randomly including shares in the portfolio.

the standard deviation of return on a portfolio decreases if we boom the range of securities inside the portfolio. Diversification states that spreading funding across some of the belongings will dispose of some, however not all, of the chance.

Learn more about portfolio here https://brainly.com/question/25929259

#SPJ4

in a vertical marketing system, one channel member owns all the other channel members or has contracts with all other channel members. True or False.

Answers

In a vertical marketing system, one channel member owns all the other channel members or has contracts with all other channel members. True.

In a vertical marketing system, one channel member typically owns or has contracts with all other channel members in order to streamline and coordinate the distribution of goods or services.

Who are the channel members?

Channel members, sometimes called intermediaries or middlemen, work together to complete the various tasks it takes to get a product from production through to sale. While a producer could decide to market and sell products directly to consumers, usually they use channel members to make the process more efficient.

Hence, the right answer is True.

Read more about Vertical Marketing Systems at https://brainly.com/question/29489214

#SPJ11

FILL IN THE BLANK. the typical contract is one in which the parties make mutual promises. this type of contract is called a/an ________contract.

Answers

The typical contract is one in which the parties make mutual promises. This type of contract is called a bilateral contract.

A bilateral contract is a legally binding agreement between two or more parties where each party makes promises or obligations to the other. In a bilateral contract, both parties are obligated to perform their respective promises or obligations as specified in the contract. This mutual exchange of promises forms the basis of the contractual relationship.

In a bilateral contract, each party is both a promisor (making a promise) and a promisee (receiving a promise) simultaneously. For example, in a typical sales contract, the buyer promises to pay the agreed-upon price, and the seller promises to deliver the goods or services. Both parties have obligations that they have mutually agreed to fulfill.

Bilateral contracts are the most common type of contract and are prevalent in various areas of legal agreements, including commercial contracts, employment contracts, and service contracts. The mutual promises in a bilateral contract provide legal enforceability, as failure to fulfill the agreed-upon obligations can lead to legal remedies or liabilities for the non-performing party.

Learn more about bilateral contract

https://brainly.com/question/28576872

#SPJ

What are Generally Accepted Accounting Principles? Multiple choice question. Regulations designed to promote strong ethical conduct. Regulations companies must follow in order to be publicly traded. Minimum requirements for becoming a CPA. The concepts and rules that govern financial accounting practice.

Answers

Answer: The concepts and rules that govern financial accounting practice

Explanation:

What are Generally Accepted Accounting Principles? Multiple choice question. Regulations designed to

Generally Accepted Accounting Principles are the concepts and rules that govern financial accounting practice. Thus the correct answer is D.

What is the objective of Generally Accepted Accounting Principles?

The primary objective of  Generally Accepted Accounting Principles is to maintain the credibility of the financial reports of any business organization. This can be done through transparency and clear transfer or exchange of financial information of any business.

Generally Accepted Accounting Principles are guidelines that cover the specifics, technicalities, and legality of corporate and business accounting. It contains a list of accepted accounting procedures to manage financial statements.

Therefore, in option D  The concepts and rules that govern financial accounting practice are appropriate.

Learn more about GAAP, here:

https://brainly.com/question/20599005

#SPJ2

What challenges might we face in case we chose profession that does
not meet our interest and capacity?​

Answers

We can't enhance our best on that profession. Financial concerns, job uncertainty and worry of failure are all frequent challenges students face when selecting a career. The reality is, no one is aware of what the world will seem like 10 or 15 years from now.

Why is it tough to pick out a career path?

Lack of Experience

Limited work trip is some other motive why you may find it hard to choose your profession path. There are situations when speakme with human beings who work in a profession you're involved in pursuing is not enough. You can overcome this hurdle by using potentially participating in additional training.

Learn more about career challenges here:

https://brainly.com/question/24418407#SPJ9

Expenses that need to be paid before a new business can open are called _____.


operating expenses

ending inventory

start-up costs

beginning inventory

Answers

Answer:

start-up costs

Explanation:

Hopefully that helps.

Answer:

Start Up Costs

Explanation:

Im taking a business major this is the right answer

Liam is setting up folding chairs for a meeting. If he arranges the chairs in 7 rows of the same length, he has 3 chairs left over. If he arranges the chairs in 5 rows of that same length, he has 19 left over. How many chairs does Liam have?

Answers

Answer:

59

Explanation:

Let x = length of the rows

we can derive two equations from this question

1. 7x + 3

2. 5x + 19

Since the number of chairs are equal in the two equations :

7x + 3 = 5x + 19

solve for x

2x = 16

x = 8

Substitute for x in either equations

7(8) + 3 = 59

5(8) + 19 = 59

Use the drop-down menus to indicate whether each of the following events would be recorded as revenues at the time it happens under the accrual-basis and cash-basis accounting methods. Accrual-Basis Cash-Basis Event October: Receive cash in advance from customers for services to be performed in November November: Receive cash for services performed in November. November. Perform services for customers who paid in advance during October.

Answers

October: Receive cash in advance from customers for services to be performed in November. Do not record accrual basis/ record cash basis

Briefing:-

November: Receive cash for services performed in November. Record in BOTH accrual and cash basis

November: Perform services for customers who paid in advance during October. Record accrual basis/Do not record cash basis.

When is the appropriate time to record revenue using the accrual method of accounting?

Revenues are recorded when earned under the accrual basis of accounting, regardless of when cash is received, and the majority of expenses are recorded when a liability is created, regardless of when paid.

When clients pay with cash, are revenues recorded using the accrual basis of accounting?

Regardless of when cash is received, the accrual foundation of accounting records revenues as soon as they are earned (a product is sold or a service is rendered). Whether or not money has been paid out, expenses are still considered to have been spent. Consider the scenario where a business renders services to a client on account.

To Know more about accounting,

https://brainly.com/question/13310721

#SPJ4

Which one of the four factors of copyright is MOST important?

Answers

Answer:

the purpose and character of the use i think

Explanation:

What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

Learn more about Communication at:

brainly.com/question/25645043

#SPJ4

Which of the following are not traits of entrepreneurs?
I
energy
dishonesty
dedication
dependence

Answers

Answer: dishonesty and dependence.

Explanation:

Dishonesty are not traits of entrepreneurs. Entrepreneurs often have a knack for thinking outside the box, generating new ideas, and finding innovative solutions to problems. The answer is OPTION B.

Risk-taking: Entrepreneurs are willing to take calculated risks and step out of their comfort zones to pursue their business ideas.

Passion: Successful entrepreneurs are deeply passionate about their ventures, which fuels their motivation and perseverance.

Vision: Entrepreneurs have a clear vision of their goals and a strong sense of where they want to take their businesses in the long term.

Adaptability: They can quickly adapt to changing circumstances, markets, and trends, allowing them to stay relevant and competitive.

Persistence: Entrepreneurs demonstrate resilience in the face of challenges, setbacks, and failures, and they are committed to overcoming obstacles.

To learn more Entrepreneurs, click here.

https://brainly.com/question/31010585

#SPJ3

The Morrit Corporation has $1,080,000 of debt outstanding, and it pays an interest rate of 11% annually. Morrit's annual sales are $6 million, its average tax rate is 25%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 6 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morrit's TIE ratio?

Answers

Answer:

3.020

Explanation:

Morrit Corporation

interest amount = $1,080,000*.11 = $118,800

Net profit = 3% *$6,000,000= $180,000

Net profit + tax = profit before tax =

180000/.75 = 240000

Profit before tax + Interest = Earning before interest and tax

= $240,000+$118,800 = $358,800

TIE ratio= EBIT/Interest = $358,800/118,800

= 3.020

Therefore the TIE ratio is 3.020

International Paper is trying to find the best paper rolling machine to maximize sales volume. There are three machine options: Machine A, Machine B, and Machine C. Annual revenue is expected to be at one of three possible levels, High, $6 million; Medium, $3 million; or Low, $2 million; but is impacted by machine selection as the probabilities show in the table below:
High Revenue Medium Revenue Low Revenue
Machine A .1 .3 .6
Machine B .4 .4 .2
Machine C .5 .4 .1


Which machine should International Paper purchase to maximize the expected revenue, and what is the expected revenue?

Group of answer choices

Machine A, $2.7 million

Machine B, $4.0 million

Machine B, $4.6 million

Machine C, $4.4 million

none of the answers provided are correct

Answers

To maximize expected revenue, International Paper should purchase Machine B, which yields an expected revenue of $4.6 million.

To determine the machine that maximizes expected revenue, we need to calculate the expected revenue for each machine option. The expected revenue is calculated by multiplying the probability of each revenue level by the corresponding revenue and summing them up. Let's calculate the expected revenue for each machine:

For Machine A:

Expected Revenue = (0.1 * 6) + (0.3 * 3) + (0.6 * 2) = 0.6 + 0.9 + 1.2 = $2.7 million

For Machine B:

Expected Revenue = (0.4 * 6) + (0.4 * 3) + (0.2 * 2) = 2.4 + 1.2 + 0.4 = $4.0 million

For Machine C:

Expected Revenue = (0.5 * 6) + (0.4 * 3) + (0.1 * 2) = 3.0 + 1.2 + 0.2 = $4.4 million

Comparing the expected revenues, we find that Machine B yields the highest expected revenue of $4.0 million.

Therefore, the correct answer is that International Paper should purchase Machine B to maximize their expected revenue. The option "Machine B, $4.6 million" is not correct, as the expected revenue for Machine B is $4.0 million.

For more questions on privacy

https://brainly.com/question/24077007

#SPJ8

If an acre of cotton requires $300 of operating capital and 4 hours of labor, and a farm has 800 acres of land, 2000 hours of labor, and $210,000 of operating capital available, the maximum number of acres of cotton that can be grown is

Answers

The maximum number of acres of cotton that can be grown is 500 acres.

$210,000 / $300 per acre = 700 acres

Next, let's calculate the maximum number of acres that can be supported by the available labor:

2,000 hours / 4 hours per acre = 500 acres

Finally, we need to determine the smaller of the two numbers, as that will be the limiting factor in how many acres can be grown:

Minimum of 700 acres and 500 acres = 500 acres

Grown refers to the process of cultivating plants or crops for agricultural purposes. It is an essential activity for feeding the world's population, as crops provide food, fuel, and fiber. Farmers and agricultural workers grow a variety of crops, including grains like rice, wheat, and corn, vegetables like potatoes, carrots, and broccoli, and fruits like apples, oranges, and strawberries. Other crops grown include cotton, tobacco, and sugarcane.

The process of growing crops involves several stages, such as preparing the soil, planting seeds, fertilizing, irrigating, and protecting plants from pests and diseases. Modern agricultural practices also involve the use of technology and machinery to enhance crop production and efficiency.

To learn more about Grown visit here:

brainly.com/question/8502976

#SPJ4

Indicate how each of the following transactions affects US exports, imports, and net exports.

Transaction
Effect On...

U.S. Exports U.S. Imports U.S. Net Exports
A British scholar spends a year at Harvard University as a visiting scholar.
Your parents go on a trip to Japan in late March for the Cherry Blossom season.
A Canadian buys a new Ford.
The student bookstore at Yale University sells books published by Cambridge University Press.
A European family goes to Disney World in Florida for vacation.

Choice for the table are: increase, decrease, or unchanged

Answers

Answer: See explanation

Explanation:

Exports are the goods and the services that a particular country produces and sells to other countries.

Imports are the goods produced in other countries and sold to ones country.

Net export is the difference between the export an import. An increase in export leads to a rise in the net export.

Based on the above explanation, the answer to the question will be:

1. A British scholar spends a year at Harvard University as a visiting scholar.

US exports - Increase

Imports - Unchanged

Net exports - Increase

2. Your parents go on a trip to Japan in late March for the Cherry Blossom season.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

3. A Canadian buys a new Ford.

US exports - Increase

Imports - Unhanged

Net exports - Increase

4. The student bookstore at Yale University sells books published by Cambridge University Press.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

5. A European family goes to Disney World in Florida for vacation.

US exports - Increase

Imports - Unhanged

Net exports - Increase

Comprehension Que
1. What was the occupation of Husni before he relocated to the city?​

Answers

Answer:

Egyptian military and political leader

According to the video, what do Financial Analysts analyze? Check all that apply.
financial records
travel distances
insurance claims
a company's competitors
fraud

Answers

Financial records, A company’s competitors. Got it from quizlet!

anybody can help with this too ??

anybody can help with this too ??

Answers

Answer:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

Explanation:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

Select all that apply.
Common skills assessments administered during the employment interview process include:
none of the above
science
keyboarding
math

Answers

Answer:

Keyboarding and Math :)

Explanation:

true or false: accounting rules allow companies to choose, from a variety of methods, the inventory method that best fits their business environment. true false question. true false

Answers

Accounting rules allow companies to choose, from a variety of methods, the inventory method that best fits their business environment.

The statement is True.

What are inventory methods in accounting?

Three techniques are available for valuing inventory: FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost). According to FIFO, you presume that the first products purchased will also be the first to depart the warehouse.

Learning about the specific identification inventory valuation method. When valuing more expensive objects like furniture or vehicles, specific identifying inventories are frequently employed. It is also employed when the things being stored have wildly dissimilar features and prices.

When a product's price is stable and a corporation sells its oldest products first, FIFO is most successful. This is due to the fact that FIFO bases its calculations on the price of the first item purchased, disregarding price rises or decreases for more recent products.

To learn more about inventory methods visit:

https://brainly.com/question/14923857

#SPJ13


Which type of networking doesn't require a password to access

Answers

A Wi-Fi network connection with Wi-fi protected setup (WPS) for a home or a small environment doesn't require a password to access the networking system.

What is a password?

Password is a code that helps in securing the data maintained on a computer or laptop. it also helps in securing the data from any unauthorized access.

WPS is a kind of network security that enables a protected wireless network for a home or a small surrounding. It allows a faster network connection between a router and any portable wireless device.

Therefore, the Wi-Fi network with WPS security requires no password to access the network.

Learn more about the passwords in the related link:

https://brainly.com/question/9759652

#SPJ2

Covering up incidents, abusing sick days, lying to a supervisor, taking credit for a colleague's ideas, and inflating grades on a résumé are examples of

Answers

Covering up accidents, taking advantage of sick days, telling lie to the boss, appropriating a coworker's ideas, and exaggerating grades on a resume are some examples of unethical actions.

A candidate for a job creates a formal document called a résumé that outlines their qualifications for the position. A resume is typically accompanied with a personalized cover letter in which the applicant expresses interest in a certain job or company and highlights crucial details from the CV.

The term "unethical behavior" refers to conduct that deviates from societal norms or is seen negatively by the general public. The exact opposite of unethical activity is ethical behavior. The public accepts ethical behavior because it adheres to the majority of societal standards.

One of the biggest problems in today's society is the prevalence of unethical behavior, which includes lying, cheating, organizational misbehavior, and many other types. Extreme incidents and expensive frauds are frequent, as the media frequently emphasizes.

To learn more about resume

https://brainly.com/question/2964410

#SPJ4

Other Questions
Formulate the main differences between full step wave and single drive wave to operate the stepper motor ? Provide your answers with sketches18 - For a constant supply voltage , what are the effects of inserting a series resistance in the field circuit of a de shunt motor , on its speed and torque ? A- Speed will decrease and the torque will decrease B- Speed will increase and the torque will increase .C- Speed will increase and the torque will decrease What European discoveries during the Renaissance showed the limitations of ancient and medieval science? aside from the crucifixion of jesus christ, what story in scripture, perhaps better than any other, shows that god uses evil in order to accomplish good? Yogajothi is thinking of investing in a rental house. The total cost to purchase the house,including legal fees and taxes, is $230 000. All but $30 000 of this amount will bemortgaged. He will pay $1600 per month in mortgage payments. At the end of two years,he will sell the house and at that time expects to clear $40 000 after paying off the remaining mortgage principal (in other words, he will pay off all his debts for the house and stillhave $40 000 left). Rents will earn him $2000 per month for the first year and $2400 permonth for the second year. The house is in fairly good condition now, so he doesnt expectto have any maintenance costs for the first six months. For the seventh month, Yogajothihas budgeted $400. This figure will be increased by $40 per month thereafter (e.g., theexpected month 7 expense will be $400, month 8, $440, month 9, $480, etc.). If interest is6 percent compounded monthly, what is the present worth of this investment? Given thatYogajothis estimates of revenue and expenses are correct, should he buy the house? please use steps not spread sheet The plates on a vacuum capacitor have a radius of 2. 5 mm and are separated by a distance of 0. 75 mm. What is the capacitance of this capacitor? 2. 3 1013 F 9. 3 1011 F 3. 0 1011 F 2. 3 1010 FAnswer is A) 2. 3 x 10 ^-13 What does the interaction between Robin Hood and Little John revealabout one or both characters? 3 What is the significance of the difference between preserving classical works and studyingclassical works? Create your own business then as a strategic manager you are part of the executive communications. Given this position please answer the following questions:Discuss your firms Vision StatementDiscuss your firms Mission StatementTie in your firms core values to showWhat are the short and long-tern objectives Checking Account Savings Account Petty Cash 3 Accounts Receivable Fixed Asset 5 Furniture 6 Accumulated Depreciation 7 Accounts Payable Your Name, Capital 9 Revenue 10 Bookkeeping 1 Tax Services 2 Consulting Fees 3 Expenses Rent Bad Debts Expense General Liability Insurance. Telephone Total 4. Set up Service Fees Bookkeeping Tax Services Consulting Fees 5 Sunnorting Details for A/R 14 5 36 7 Cash 38 39 10 11 12 13 44 45 ME Trial Balance DR 12/31/2020 25,000 40,000 600 30,000 6,000 101,600 CR 6,000 86,600 92,600 Supporting Details for A/R. BC ABC DEF DEF 2 HIGHI 3 4 55 Supporting Details for A/P 56 57 lumbia Realty 58 rint 59 60 Transactions for Jan 2021 61 62 63 64 $58633RRRRRRRR 66 67 69 70 71 72 73 74 Address Terms 100 Park Ave NY NY 10016 net 30 net 30 34 Lexington Ave NY NY 10003 net 30 net 30 89 6th Ave NY NY 10001 net 30 net 30 Address Terms 900 Queens Blvd, Queens NY 19091 PO Box 33 Rochester NY 15674 due upon receipt net 15 2-Jan Pay Columbia Realty 4-Jan Collected 80% of Invoice # 59 for ABC ABC; write off difference (deposit to checking) 6-Jan Received invoice from Office Depot for purchase of computer $1800. 8-Jan Prepaid 6 months of general liability insurance to AIG Insurance $600 10-Jan Send invoice to DEF DEF for Bookkeeping $2000 on account 12-Jan Paid Office Depot 15-Jan Void payment to Office Depot 18-Jan Send credit memo to GHI GHI for invoice # 160 for $500 (apply to invoice) 22-Jan Collected GHI GHI invoice # 160 (deposit to savings) 25-Jan Pay Sprint in full 28-Jan Transfer $5000 from Savings to Checking 31-Jan Record Jan depn for Furniture; 5 year life Record Jan depn for Computer; 3 year life Record General Liability Insurance Expense for Jan 2021 Bank Statement as of January 31 2021 75 76 Prepare Bank Reconciliation for Checking Account 77 Invoice # Invoice # Date 59 5/5/2019 10/1/2019 4/4/2020 8/30/2020 11/2/2020 12/15/2020 Date 12/1/2020 45 890 12/14/2020 109 120 145 160 165 u Bank Amount Revenue 5,000 Bookkeeping 5,000 Tax Services 2,500 Consulting 7,500 Bookkeeping 4,000 Tax Services. 6,000 Consulting Amount Account 4,000 Rent 2,000 Telephone B 7 Prepare Bank Reconciliation for Checking Account Bank Statement as of January 31 2021 Beginning Balance 4-Jan 4,000 8-Jan 11-Jan 28-Jan 5,000 31-Jan 25 8. Submit: Trial Balance Jan 31 2021; General Journal Jan 1-31 2021; and Bank Reconciliation Summary for Jan 31 2021; Balance Sheet as of Jan 31 2021 and Income Statement Jan 1-31 2021 C Payments 4,000 600 D Deposits E F Comments 25,000 29,000 ABC ABC deposit 25,000 Columbia Realty 24,400 Prepaid Insurance 29,400 Transfer 29,375 Bank Charge Bank Balance G Let x = 120. What is the second coterminal angle for x that is less than -500? 110% of 80 is what? Find the probability of Taylor rolling a 1 on the number cube then filling a 3 on her second roll. Independent or Dependent the movement of water across biological membranes can best be predicted by How long would it take a jellyfish to float the 201 miles of the North Carolina coastline if it was in a current moving 4 miles per hour? Which of the following is not a potential problem when estimating and using betas, i.e., which statement is false?A. The beta of an "average stock," or "the market," can change over time, sometimes drastically. B. Sometimes, during a period when the company is undergoing a change such as toward more leverage or riskier assets, the calculated beta will be drastically different from the "true" or "expected future" beta. C. The beta coefficient of a stock is normally found by regressing past returns on a stock against past market returns. This calculated historical beta may differ from the beta that exists in the future. D. The fact that a security or project may not have a past history that can be used as the basis for calculating beta. E. Sometimes the past data used to calculate beta do not reflect the likely risk of the firm for the future because conditions have changed. Using the order of operations, which operation in the given expression should we complete first? 3 6 X 5 - 3 = 3 OA) Multiply 6 and 5. OB) Divide 3 by 3. OC) Cube 3. OD) Subtract 3 from 5. The benefits of creating a joint venture when doing business internationally include: Senators longer terms of office, and larger, more heterogeneous constituencies makes them more. an image is 1024 x 768 pixels with 3 bytes required to store data of every pixel. assume the image is uncompressed. how long does it take to transmit it over a 56-kbps modem channel? over a 1-mbps cable modem? over a 10-mbps ethernet? over 100-mbps ethernet? Which of the following is a concern about the structure of the House of Representatives?