Budgeting is an important process in an organization as it helps in planning and controlling the financial resources.
The process involves setting financial goals, creating a plan to achieve those goals, and monitoring the progress towards those goals. helps in allocating resources effectively and efficiently, and ensures that the organization stays within its financial means.
The cycle typically begins with the preparation of the master budget, which includes the sales budget, production budget, and the cash budget. The master budget is then used to prepare the , which include the budgeted income statement, budgeted balance sheet, and budgeted statement of cash flows. These statements provide an overview of the financial position and performance of the organization for the budgeted period.
The flow of budgets starts with the sales budget, which is used to prepare the production budget. The production budget is then used to prepare the direct materials budget, direct labor budget, and manufacturing overhead budget. These budgets are used to prepare the cost of goods sold budget, which is used to prepare the budgeted income statement. The budgeted income statement is used to prepare the budgeted balance sheet, which is used to prepare the budgeted statement of cash flows.
In conclusion, plays a crucial role in an organization by helping in the planning and controlling of financial resources. The cycle involves the preparation of various budgets, which are used to prepare the . These statements provide an overview of the financial position and performance of the organization for the budgeted period.
To know more about Budgeting refer here :
https://brainly.com/question/15683430#
#SPJ11
Consider the case of a young child who mistook a real gun for a toy and, wanting to play with his older brother, shot and eventually killed the latter. The young child did not really intend to kill his older brother; he just wanted to play with him. Is the child excused from accountability? Explain
No, the child is not excused from accountability in this situation.
While the child may did not intend to kill his older brother, he still committed the act of pulling the trigger and causing the death. This is known as unintentional or negligent homicide, and it is still a crime.
It is important to note that accountability does not necessarily mean that the child will be punished in the same way as an adult who intentionally commits murder. The legal system often takes into account the age and maturity level of a child when determining the appropriate punishment.
However, the child is still held accountable for his actions and may face consequences such as therapy, probation, or juvenile detention.
The child may not have intended to kill his older brother, he is still accountable for his actions and may face legal consequences. It is important for children to understand the potential dangers of playing with real guns and to be taught about gun safety from a young age.
To know more about negligent homicide here:
https://brainly.com/question/6228473#
#SPJ11
Mr. Rahim, one of your friends is in opinion that a Government,irrespective of nature, have to exercise its powerrigorously to implement its taxation policy. Will you stand withyour friend?Questio
No, I do not agree with my friend's opinion that a government, irrespective of nature, has to exercise its power rigorously to implement its taxation policy.
While it is true that a government needs to have some level of authority in order to effectively implement its policies, it is not necessary for it to exercise its power in a rigorous or authoritarian manner. A government can effectively implement its taxation policy through clear communication, transparency, and collaboration with its citizens. By doing so, it can foster trust and compliance with its policies, rather than relying on the use of force or coercion. Therefore, I believe that a government should strive to implement its taxation policy in a fair and democratic manner, rather than relying on the rigorous exercise of its power.
Learn more about taxation policy: https://brainly.com/question/9504329
#SPJ11
unstructured data is more difficult to analyze but easier tocollect than structured data True or False
The given statement, unstructured data is more difficult to analyze but easier to collect than structured data is True because Unstructured data is information that does not have a specific format or structure, such as text, images, and videos.
This type of data is often found in social media posts, emails, and other forms of communication. Because it does not have a specific format, it is more difficult to analyze and extract meaningful information from it.
On the other hand, structured data is information that has a specific format or structure, such as data in a spreadsheet or database. This type of data is easier to analyze because it is organized and can be easily sorted and filtered. However, it is often more difficult to collect because it requires more effort to organize and input the data into a specific format.
Overall, unstructured data is more difficult to analyze but easier to collect than structured data.
know more about unstructured data here
https://brainly.com/question/28333364#
#SPJ11
What do think is the purpose of an organisational chart?
Answer:
to be efficient and organized
List the 8 stages of communication process. Explain the process of the 8 stages during the occurrence of a miscommunication between Shareholders or Directors of a company that result in the closing of the company. Explain in the context of verbal and non-verbal miscommunication.
Note: Plagiarism will result in zero marks.Please use your own words.
The 8 stages of communication are Planning, Crafting a message Source selection, Medium selection, Transmitting the message, Message reception, Message decoding, Feedback.
1. Planning: This stage involves setting communication objectives and developing a strategy to achieve them.
2. Crafting a message: This stage involves creating the right message to reach the desired audience.
3. Source selection: This stage involves deciding which medium to use to convey the message.
4. Medium selection: This stage involves selecting the most appropriate medium or combination of media for the message.
5. Transmitting the message: This stage involves transmitting the message via the chosen medium.
6. Message reception: This stage involves the audience receiving the message.
7. Message decoding: This stage involves the audience understanding and interpreting the message.
8. Feedback: This stage involves the audience providing feedback on the message and its delivery.
In the case of a miscommunication between shareholders or directors of a company that results in the closing of the company, there are likely to be verbal and non-verbal miscommunications in the 8 stages of communication.
During source selection, the wrong medium might be chosen, preventing the message from reaching the right audience. During medium selection, the chosen medium might be inadequate or too complex. When transmitting the message, a medium might be selected that is not capable of conveying the desired message.
When the message is received, it might be misinterpreted due to a lack of clarity. During message decoding, the meaning of the message might be lost due to the non-verbal elements not being accurately expressed.
Finally, the feedback from the audience might not be adequately heard and acted upon, leading to a miscommunication that can result in the closing of the company.
To know more about communication process click on below link:
https://brainly.com/question/29505006#
#SPJ11
Kindly provide an example for tactical action plan include:- theme ( Respecative )- objective- measure- metric- target- initiative
A tactical action plan includes a theme, objective, measure, metric, target, and initiative. Here is an example of a tactical action plan: Respectful communication
Objective: To improve respectful communication among employees within the company
Measure: Number of instances of disrespectful communication reported by employees
Metric: Percentage decrease in reported instances of disrespectful communication
Target: 20% decrease in reported instances of disrespectful communication within 6 months
Initiative: Conduct regular training sessions on respectful communication and provide resources for employees on how to effectively communicate in a respectful manner.
By implementing this tactical action plan, the company can work towards achieving the objective of improving respectful communication among employees. The measure, metric, and target help to track progress and ensure that the plan is effective. The initiative provides concrete steps for achieving the objective.
know more about tactical here
https://brainly.com/question/28423461#
#SPJ11
1. Discuss the contributing factors to the success or failure ofABC (Activity-Based Costing) implementation in companies.2. Discuss how ABC can help companies in performingcustomer profitability analysis.
1 - Success or failure in implementing ABC can be attributed to several factors, including proper training and communication of all stakeholders, commitment to the process from leadership, data accuracy and availability, and accurate identification and measurement of activities.
2- ABC can help companies in performing customer profitability analysis by providing accurate and detailed cost information about each customer.
1- Several factors, including proper training and communication of all stakeholders, commitment to the process from leadership, data accuracy and availability, and accurate identification and measurement of activities can be attributed to success or failure in implementing ABC. Properly understanding and identifying the cost drivers of an organization’s activities is essential to successful ABC implementation. Additionally, companies must be able to allocate overhead costs correctly, which is a difficult task. Lastly, ABC is most successful when companies are willing to adopt a culture of continuous improvement and adjust their ABC model regularly as business conditions change.
2 - By providing accurate and detailed cost information about each customer, ABC can help companies in performing customer profitability analysis. Companies can use this cost information to determine the profitability of each customer, by analyzing the cost of providing goods and services to each customer, as well as the customer’s spending behavior. Additionally, ABC can be used to identify the most profitable customer segments and target these segments for future marketing campaigns. ABC can also help companies analyze the cost of production and optimize operations, helping to improve customer profitability.
You can learn more about ABC (Activity-Based Costing) at
https://brainly.com/question/30462590
#SPJ11
You are a wealthy individual and you are considering two alternative investments in private businesses. The first business is structured as a partnership, and your income will flow through to you and you will be taxed at your personal tax rate, which is 40%. The second is structured as a corporation, where the income will be taxed at the corporate tax rate of 30%, and the post-corporate tax returns you make on your investment will be taxed at your capital gains tax rate of 20%. If the partnership investment is expected to generate a pre-tax return of 12%, what return would you need to make on the corporate investment, before corporate and capital gains taxes, to break even on an after-tax basis?
Question 6 options: 7.20%
10.29%
11.25%
12.86%
21.43%
The return on the corporate investment is option 12.86%. (D)
To break even on an after-tax basis, the return on the corporate investment before corporate and capital gains taxes must be 12.86%.
Step 1: Calculate the after-tax return on the partnership investment:
12% x (1 - 40%) = 7.20%
Step 2: Calculate the after-tax return on the corporate investment before capital gains taxes:
x x (1 - 30%) = 7.20% / (1 - 20%)
Step 3: Solve for x:
x = 7.20% / (1 - 30%) x (1 - 20%)
x = 12.86%
Therefore, the return on the corporate investment before corporate and capital gains taxes must be 12.86% to break even on an after-tax basis with the partnership investment.
To know more about investment click on below link:
https://brainly.com/question/15105766#
#SPJ11
Complete question:
You are a wealthy individual and you are considering two alternative investments in private businesses. The first business is structured as a partnership, and your income will flow through to you and you will be taxed at your personal tax rate, which is 40%. The second is structured as a corporation, where the income will be taxed at the corporate tax rate of 30%, and the post-corporate tax returns you make on your investment will be taxed at your capital gains tax rate of 20%. If the partnership investment is expected to generate a pre-tax return of 12%, what return would you need to make on the corporate investment, before corporate and capital gains taxes, to break even on an after-tax basis?
7.20%
10.29%
11.25%
12.86%
21.43%
Company ABC has just made a dividend payment of $0.1 per share.
If the dividend is expected to grow at 5% per year, and the
discount rate is 10% per year, what should be the stock price?
The stock price of Company ABC according to Dividend Discount Model (DDM) should be $2 per share.
The stock price of Company ABC can be calculated using the Dividend Discount Model (DDM), which is a method used to value a company's stock price based on the expected future dividends.
The formula for the DDM is:
Stock Price = Dividend / (Discount Rate - Dividend Growth Rate)
In this case, the dividend is $0.1 per share, the dividend growth rate is 5% per year, and the discount rate is 10% per year.
Plugging these values into the formula, we get:
Stock Price = $0.1 / (0.10 - 0.05)
Stock Price = $0.1 / 0.05
Stock Price = $2
Therefore, the stock price of Company ABC should be $2 per share based on the expected future dividends, dividend growth rate, and discount rate.
To know more about Dividend Discount, refer here:
https://brainly.com/question/15565934#
#SPJ11
question #7
Describe the three legal attributes of corporations.
Short Answer
Toolbar navigation opens in a dialog
Skip to input field
The three legal attributes of corporations are limited liability, perpetual existence, and the ability to enter into contracts.
1. Limited liability: This means that the shareholders of a corporation are only responsible for the amount they have invested in the corporation. They are not personally liable for the debts or obligations of the corporation.
2. Perpetual existence: A corporation can exist indefinitely, even if the original shareholders or owners are no longer involved. This is because a corporation is considered a separate legal entity from its owners.
3. Ability to enter into contracts: A corporation can enter into contracts and conduct business in its own name, separate from its owners. This allows the corporation to buy and sell property, borrow money, and enter into other business transactions.
These legal attributes are what make corporations attractive to investors and allow them to conduct business on a larger scale than sole proprietorships or partnerships.
For more about legal attributes of corporations:
https://brainly.com/question/30850549
#SPJ11
Activity 4:
Craft a simple code of ethics for your business. This
will also form part of your business plan in your work
immersion
A code of ethics is a set of guidelines and principles that guide the behavior and decision-making of a business and its employees. It is important to have a code of ethics in order to ensure that the business operates in a responsible and ethical manner.
Here is a simple code of ethics for a business:
1. Integrity: We will conduct our business in an honest and transparent manner, and will not engage in any unethical or illegal practices.
2. Respect: We will treat all of our stakeholders, including customers, employees, suppliers, and competitors, with respect and dignity.
3. Responsibility: We will take responsibility for our actions and decisions, and will be accountable for the consequences of those actions and decisions.
4. Fairness: We will strive to be fair and equitable in all of our business dealings, and will not take advantage of others for our own gain.
5. Compliance: We will comply with all applicable laws and regulations, and will strive to go beyond mere compliance in order to promote ethical behavior throughout our organization.
For such more question on ethical:
https://brainly.com/question/29829125
#SPJ11
A borrower takes out a 5/1 Hybrid ARM for $300,000with an initial contract interest rate of 4.50%. The interest rate will adjust according to the 1 yr LIBOR rate, plus a margin of 2%reset date, 1 yr LIBOR is at 1%. What will the borrowers’ monthly payment be immediately after the first reset?
(State the payment as a positive number. Unless otherwise stated, you can assume 5/1 ARMs have a term of 30 years. Round your answer to 2 decimal places.)
The borrower's monthly payment after the first reset will be $1,610.46.
To calculate the borrower's monthly payment after the first reset, we need to determine the new interest rate and use it to calculate the monthly payment.
1. Determine the new interest rate:
The new interest rate will be the 1 yr LIBOR rate plus a margin of 2%. Since the 1 yr LIBOR rate is at 1%, the new interest rate will be 1% + 2% = 3%.
2. Calculate the monthly payment:
We can use the following formula to calculate the monthly payment:
Monthly payment = P × r × (1 + r)^n / ((1 + r)^n - 1)
Where:
P = loan amount
r = monthly interest rate
n = number of monthly payments
Plugging in the values:
P = $300,000
r = 3% / 12 = 0.0025
n = 30 × 12 = 360
Monthly payment = $300,000 × 0.0025 × (1 + 0.0025)^360 / ((1 + 0.0025)^360 - 1)
Monthly payment = $1,610.46
Therefore, the borrower's monthly payment after the first reset will be $1,610.46.
For more question on interest rate click on
https://brainly.com/question/29415701
#SPJ11
need time table and formula
As a cemetery manager, you are considering offering perpetual care contracts. You estimate that maintenance will cost you $200 during the first year and will increase by 2% every year thereafter.
If the appropriate discount rate is 5.5%, how much do you need to charge to break even on a perpetual care contract?
You need to charge $5,714.29 for a perpetual care contract to break even.
To calculate the break-even point for a perpetual care contract, we need to use the formula for the present value of a perpetuity:
PV = C / r
Where PV is the present value, C is the annual payment, and r is the discount rate. In this case, the annual payment is the cost of maintenance, which starts at $200 and increases by 2% every year. The discount rate is 5.5%.
To calculate the present value of the increasing maintenance costs, we need to use the formula for the present value of a growing perpetuity:
PV = C / (r - g)
Where PV is the present value, C is the initial payment, r is the discount rate, and g is the growth rate. In this case, the initial payment is $200, the discount rate is 5.5%, and the growth rate is 2%.
Plugging in the values, we get:
PV = $200 / (0.055 - 0.02)
PV = $200 / 0.035
PV = $5,714.29
Therefore, you need to charge $5,714.29 for a perpetual care contract to break even.
To know more about Contract click here:
https://brainly.com/question/16995867#
#SPJ11
TGY Group Ltd. has three major product lines, pastries, doughnuts, and muffins. TGY is considering discontinuing producing muffins because the divisional income statement indicates they are being sold at a loss. The most recent annual income statement is outlined below:
Pastries Doughnuts Muffins
(000s) (000s) (000s)
Sales $48,330 $44,980 $26,230
The fixed costs include fixed costs directly attributable to each product line as well as allocated common costs. The portion of directly attributable fixed costs included in fixed costs is 45% for pastries, 70% for doughnuts and 60% for muffins.
Required:
a. Should TGY Group Ltd. discontinue the product line of muffins? Explain why or why not. Show all supporting calculations. It is a good idea to restate the statement to help you show your support.
Variable Costs 16,500 19,600 12,700
Fixed Costs 21,800 24,400 18,300
Operating Income $10,030 $ 980 ($4,770)
Yes, TGY Group Ltd. should discontinue the product line of muffins. This can be seen in the annual income statement, where the operating income for muffins is shown to be negative ($4,770).
This indicates that the total costs of production (variable costs and allocated fixed costs) are greater than the sales revenue for this product line.
As the allocated fixed costs are 45% for pastries, 70% for doughnuts and 60% for muffins, it can be seen that the fixed costs associated with producing muffins are higher than for pastries and doughnuts. Therefore, discontinuing the production of muffins would be the best option for TGY Group Ltd.
know more about muffins here
https://brainly.com/question/30900925#
#SPJ11
What is the present value of $6,000 per year for 11 years if
the interest rate is 5.3%?
Explanation:
To calculate the present value of an annuity (a series of equal payments) we can use the following formula:
PV = PMT x ((1 - (1 + r)^-n) / r)
where:
PV = present value PMT = payment amount r = interest rate per period n = number of periods
In this case, the payment amount is $6,000 per year for 11 years, the interest rate per period is 5.3%, and the number of periods is 11.
First, we need to convert the annual interest rate to a periodic rate. Since the payments are annual, we can use the formula:
r per period = (1 + annual rate)^(1/number of periods) - 1
r per period = (1 + 0.053)^(1/1) - 1 r per period = 0.053
Now we can substitute the values into the formula:
PV = 6,000 x ((1 - (1 + 0.053)^-11) / 0.053) PV = 6,000 x ((1 - 0.46174) / 0.053) PV = 6,000 x (0.53826 / 0.053) PV = 60,000
Therefore, the present value of $6,000 per year for 11 years at an interest rate of 5.3% is $60,000.
The present value of $6,000 per year for 11 years at an interest rate of 5.3% is $44,808.60.
The present value of an annuity is the amount of money that would need to be invested today in order to receive a series of future payments. The formula for the present value of an annuity is:
PV = A * [(1 - (1 + r)^-n) / r]
Where:
PV is the present value
A is the amount of each payment
r is the interest rate per period
n is the number of periods
In this case, we have:
A = $6,000
r = 5.3% = 0.053
n = 11
Plugging these values into the formula, we get:
PV = $6,000 * [(1 - (1 + 0.053)^-11) / 0.053]
PV = $6,000 * [(1 - 0.6042) / 0.053]
PV = $6,000 * [0.3958 / 0.053]
PV = $6,000 * 7.4681
PV = $44,808.60
For more such questions on present value, click on:
https://brainly.com/question/20813161
#SPJ11
Table 1 Creation of Deposits (assuming 10% reserve requirement and a $100 increase in reserves) TABLE 1 Creation of Deposits (assuming 10% reserve requirement and a $100 million increase in reserves)
The creation of deposits is a process that is affected by the reserve requirement set by the Federal Reserve. In this case, the reserve requirement is 10%, which means that banks are required to hold 10% of their deposits in reserve. The remaining 90% can be lent out to borrowers, creating new deposits and increasing the money supply.
Table 1 shows how a $100 million increase in reserves can lead to the creation of new deposits.
Round Reserve Increase Loans Made New Deposits Created
1 $100 million $90 million $90 million
2 $90 million $81 million $81 million
3 $81 million $72.9 million $72.9 million
4 $72.9 million $65.61 million $65.61 million
5 $65.61 million $59.049 million $59.049 million
As shown in the table, the initial $100 million increase in reserves leads to $90 million in loans being made, which creates $90 million in new deposits. These new deposits then become reserves for other banks, which can lend out 90% of these reserves, creating even more new deposits. This process continues until the initial increase in reserves has been multiplied by a factor of 10, leading to a total of $1 billion in new deposits. This is known as the money multiplier effect.
To know more about Reserves:
https://brainly.com/question/28235364
#SPJ11
John was told that he owned 1.5% of the shares in the company -calculate the total number of issued shares in this company. -what was the market price of the shares when he this bought shares? john feels that he owns an insignificant percentage of shares and he wants to sell his shares. what advice would you give him? give three points
If John knows how many shares he owns, he can use that information to calculate the total number of issued shares.
What was the market price of the shares when he this bought shares?For example, if John owns 1.5% of the company and he owns 150 shares, he can use the following formula:
Total number of issued shares = Number of John's shares ÷ John's ownership percentage
Total number of issued shares = 150 ÷ 0.015 = 10,000
So, if John owns 150 shares in the company and he was told he owns 1.5% of the shares, then the total number of issued shares is 10,000.
Market price of the shares:
To determine the market price of the shares, John can check the stock market or financial news websites for the latest price of the company's shares. Alternatively, he can check with his broker or financial advisor who can provide him with the latest market price of the shares.
Advice on selling his shares:
Here are three points that John should consider before selling his shares:
a. Understand the reason for selling: Before selling his shares, John should ask himself why he wants to sell. Is it because he needs the money or does he no longer believe in the company's potential? Understanding the reason for selling can help him make a more informed decision.
Consider the tax implications: If John sells his shares at a profit, he will have to pay capital gains tax on the sale. He should consult with a tax professional to understand the tax implications of selling his shares.
Learn more about issued shares here
https://brainly.com/question/14849367
#SPJ1
A business worth $180,000 is expected grow at 12% per year compounded annually for the next 4 years. (a) Find the expected future value. (b) If funds from the sale of the business today would be placed in an account yielding 8% compounded semiannually, what would be the minimum acceptable price for the business at this time?
A business worth $180,000 is expected grow at 12% per year compounded annually for the next 4 years its expected future value of the business is $283,433.60 and the minimum acceptable price for the business at this time is $207,181.36.
(a) To find the expected future value of the business, we can use the formula for compound interest:
FV = PV × (1 + r)^n
Where FV is the future value, PV is the present value, r is the interest rate, and n is the number of compounding periods.
In this case, PV = $180,000, r = 12% = 0.12, and n = 4 years. Plugging these values into the formula, we get:
FV = $180,000 × (1 + 0.12)^4
FV = $180,000 × 1.12^4
FV = $180,000 × 1.57352
FV = $283,433.60
So the expected future value of the business is $283,433.60.
(b) To find the minimum acceptable price for the business today, we need to determine what the future value of the funds from the sale would be if they were placed in an account yielding 8% compounded semiannually.
Using the same formula as before, we have PV = x (the minimum acceptable price), r = 8% = 0.08, and n = 4 years × 2 compounding periods per year = 8 compounding periods. Plugging these values into the formula, we get:
FV = x × (1 + 0.08/2)^8
283,433.60 = x × (1 + 0.04)^8
283,433.60 = x × 1.36824
x = 283,433.60 / 1.36824
x = $207,181.36
So the minimum acceptable price for the business at this time is $207,181.36.
To learn more about business here:
https://brainly.com/question/26106218#
#SPJ11
Rapid turnover in employees:
A) is a regrettable but necessary side-effect of proper controls on payroll expense.
B) is desirable, as it helps weed out "deadwood."
C) costs fast-food and hotel industries in the neighborhood of $140 billion annually.
D) is simply unavoidable in the food-service industry.
Rapid turnover in employees is a regrettable but necessary side-effect of proper controls on payroll expenses.
What is employee turnover?The term employee turnover basically refers to the rate at which employees leave a company and are replaced by new hires.
Rapid employee turnover can be costly for a business, as it can result in lost productivity, recruitment and training expenses, and a negative impact on employee morale and company culture. However, it can also positively result in lower payroll expenses since the total staff population is reduced as a result.
Based on this analysis, we can conclude that option A is the correct option.
You can learn more about employee turnover here https://brainly.com/question/2309682
#SPJ1
Q2: Sanad Ltd. issued 100000 shares of BD 100 each at a premium of BD 10 per share, payable as: On application BD. 50 (including BD 10 premium) per share, On allotment BD 40 per share,On call BD. 20 per share.
Requirement:
1. Use the last five numbers of your student ID as the numbers of application received from public. Then, make journal entries by considering that all amounts have been duly received. the number is 11148
The journal entries for Sanad Ltd. issuing 100000 shares of BD 100 each at a premium of BD 10 per share are as follows:
1. On application:
Debit: Bank (11148 x BD 50) = BD 557400
Credit: Share Capital (11148 x BD 40) = BD 445920
Credit: Share Premium (11148 x BD 10) = BD 111480
2. On allotment:
Debit: Bank (11148 x BD 40) = BD 445920
Credit: Share Capital (11148 x BD 40) = BD 445920
3. On call:
Debit: Bank (11148 x BD 20) = BD 222960
Credit: Share Capital (11148 x BD 20) = BD 222960
The journal entries show the amounts received from the public for the application, allotment, and call of the shares. The share capital account is credited with the amount received for the shares, while the share premium account is credited with the amount received for the premium. The bank account is debited with the total amount received from the public.
For such more questions on journal entries:
https://brainly.com/question/14279491
#SPJ11
Required: Find the after-tax return to a corporation that buys a share of preferred stock at $59, sells it at year-end at $59, and receives a $6 year-end dividend. The firm is in the 21% tax bracket. (Round your answer to 2 decimal places.)
The after-tax return to a corporation that buys a share of preferred stock at $59, sells it at year-end at $59, and receives a $6 year-end dividend is 4.47%.
To calculate this, we first subtract the dividend payment of $6 from the purchase price of $59 to get $53. Then, we take 21% of the dividend to calculate the tax amount of $1.26. Finally, we subtract the tax amount of $1.26 from the dividend payment of $6 to get the after-tax return of $4.74.
This after-tax return is then divided by the purchase price of $59 to get the after-tax return of 4.47%.
To know more about tax return refer to-
brainly.com/question/21214035#
#SPJ11
1. What is an annuity and how does it differ from a perpetuity?
Discuss the difference between an ordinary annuity and an annuity
due.
An annuity is a series of payments made at equal intervals over a specific period of time. An annuity can be used to save money for retirement or to provide a stream of income during retirement. A perpetuity, on the other hand, is a type of annuity that has no end date and continues to make payments indefinitely.
The main difference between an annuity and a perpetuity is the length of time the payments are made. An annuity has a set end date, while a perpetuity continues to make payments forever.
There are two main types of annuities: ordinary annuities and annuities due. An ordinary annuity is one in which the payments are made at the end of each period, while an annuity due is one in which the payments are made at the beginning of each period.
The main difference between these two types of annuities is the timing of the payments. An ordinary annuity is typically used for retirement savings, while an annuity due is typically used for income during retirement.
See more about annuity at https://brainly.com/question/14908942.
#SPJ11
Negotiation Game for two students Student A You are the CEO of an Accounting companyYour employees rely on their computers for work every day. You want to buy 100 new computers for your company but you would like a discount for buying so many computers. You have 200 employees total so you may buy more computers later if you are satisfied. The highest price you can pay is $700 per computerStudent BYou are a computer SalespersonThe standard price for your computers is $800 dollars but you can still make a profit if you sell them for $600. Lately, your boss has been angry at you for selling them at too low of a price. Your boss has encouraged you to sell extra services like maintenance and training so you can sell the computers at a higher price1. As a Student A , which kind of negotiation tactics and strategy use to make this deal or to buy computer from Student B at lesser price?2. As a Student B , which kind of negotiation tactics and strategy use to make this deal or sell computer at high possible price to Student A?
1. As Student A, you can use the following negotiation tactics and strategies to buy the computers at a lower price like Use your buying power,Do research, willing to walk away.2. As Student B, you can use the following negotiation tactics and strategies to sell the computers at a higher price like Know your bottom line,Use the value of product,Offer additional services.
1- Use your buying power: You can leverage the fact that you are buying 100 computers and may potentially buy more in the future to negotiate a lower price.
- Do your research: Know the market price for similar computers and use that information to negotiate a lower price.
- Be willing to walk away: If the salesperson is not willing to lower the price, be willing to walk away and look for another supplier.
- Offer to buy additional services: If the salesperson is willing to lower the price on the computers, offer to buy additional services like maintenance and training at a higher price.
2. - Know your bottom line: Know the lowest price you can sell the computers for and still make a profit.
- Use the value of your product: Highlight the features and benefits of your computers to justify the higher price.
- Offer additional services: Offer additional services like maintenance and training at a higher price to increase the overall value of the deal.
- Be willing to walk away: If the buyer is not willing to pay your asking price, be willing to walk away and look for another buyer.
For such more questions on negotiation tactics:
brainly.com/question/29823653
#SPJ11
Effective Rent. You have calculated that a five year graduated lease has a present value (11% discount rate) of $148. What is the effective rent for this lease?
a. 25.88
b. 26.13
c. 26.94
d. 27.48
e. 34.33
f. 38.26
Effective Rent. You have calculated that a five year graduated lease has a present value (11% discount rate) of $148. the effective rent for this lease is 26.13.
The correct answer is option b.
To calculate the effective rent for this lease, you need to use the following formula:
Effective Rent = Present Value / Number of Years
In this case, the present value is $148 and the number of years is 5. Therefore, the effective rent for this lease is:
Effective Rent = $148 / 5 = $29.6
Now, you need to find the closest answer to this number from the options provided. The closest answer to $29.6 is option b, which is $26.13.
For more such questions on lease, click on:
https://brainly.com/question/27520371
#SPJ11
Electric vehicles (EVs) currently account for about 2 percent of the automotive market. Is that enough to justify the costs to retailers to install charging stations? Probably not. But at the same time, various car manufacturers have announced their plans to roll out more EVs in coming years, and the Biden administration has set a formal target, calling on the industry to reach 50 percent EVs by 2030. If half of all drivers had EVs, would that be enough? Probably so. For gas stations, truck stops, and convenience stores, the real question then becomes, What is the point at which the answer changes?According to the parent company of the RaceTrac chain of stores, there currently is not a "viable business case" for adding charging stations to its existing retail locations. In contrast, a small chain of 46 gas stations in Texas and Oklahoma has decided to add them, but the chief executive of the firm also admitted that the choice meant having to figure out the best designs and pricing on the fly.The decision also depends on what other relevant actors seem likely to do. For example, some industry experts predict that widespread adoption of EVs is still a long way off, such that investing in charging stations today is too early. They anticipate a slowing rising curve, meaning that the retailers can take some time before putting their money into charging stations that very few people are using.From a competitive perspective, gas stations and convenience stores worry about their capacity to sell electric charges profitably if instead utility companies start developing their presence in this market. According to one argument, charging stations should be incentivized and subsidizedb the government, to ensure they are available everywhere. In that case, existing utility companies might get contracts to install charging stations in non-retail locations, such as at rest stops along highways. If consumers can use those stations, they might be less likely or willing to make a separate visit to their local convenience store to get a charge, rather than just charging from the road and then waiting until they get home to complete the refueling.But despite these concerns, the promise of charging stations is hard to ignore. If predictions of expanded adoption are accurate, someday people are going to start demanding this service—perhaps especially the wealthy market of consumers who already can afford a Tesla, for example—or else take their business elsewhere if it isn’t available. In addition, even the most powerful chargers need about a half-hour to give a vehicle battery a good boost, which means that convenience stores would have a captive audience of shoppers for at least that long, who are likely to grab some snacks and drinks while they wait.Discussion Questions:Should convenience stores and gas stations invest in charging stations now or wait? Defend your answer.What factors should these firms take into consideration in making their choice?
The decision of whether or not to invest in charging stations for electric vehicles (EVs) is a complex one for convenience stores and gas stations.
There are several factors that need to be taken into consideration when making this decision, including the current market share of EVs, the projected growth of EVs in the future, the costs associated with installing charging stations, the potential profits from charging stations, and the competitive landscape.
One important factor to consider is the current market share of EVs. While EVs currently account for only 2 percent of the automotive market, various car manufacturers have announced plans to roll out more EVs in the coming years, and the Biden administration has set a target of reaching 50 percent EVs by 2030. This suggests that there may be a growing demand for charging stations in the future.
Another factor to consider is the costs associated with installing charging stations. According to the parent company of the RaceTrac chain of stores, there currently is not a "viable business case" for adding charging stations to its existing retail locations. However, a small chain of 46 gas stations in Texas and Oklahoma has decided to add them, but the chief executive of the firm also admitted that the choice meant having to figure out the best designs and pricing on the fly.
The competitive landscape is another important factor to consider. If utility companies start developing their presence in the charging station market, it could make it more difficult for gas stations and convenience stores to sell electric charges profitably. However, if predictions of expanded adoption of EVs are accurate, there may be a growing demand for charging stations, which could provide an opportunity for convenience stores and gas stations to capture a captive audience of shoppers who are likely to grab some snacks and drinks while they wait for their vehicles to charge.
know more about electric vehicles here
https://brainly.com/question/30864036#
#SPJ11
1. Think back to Isaiah's situation. Using the information you've been given about his
spending habits, complete the chart below. You will need to consider the costs and
benefits of his different approaches to spending money. List two or three items in
each box, then answer the question that follows. (8 points)
Time Period
First 6 Months
Next 6 Months
Benefits
Costs
Apex
Your financial future can be significantly impacted by establishing and maintaining sound spending habits.
Is the golden rule of personal money management to spend less than you make and save for the future?The golden rule for managing personal finances well is to spend less than you earn and save for the future. You may enhance your retirement savings rate and emergency fund by keeping track of everything you purchase each month. This helps you quickly locate any surplus funds.
An expenditure habit is what?Your spending behavior is how you carry out your goal. It can be challenging at times to follow your plan. To balance your spending and income, you must cultivate certain spending habits.
To know more about spending visit:-
https://brainly.com/question/27891607
#SPJ1
"While linking HR process to strategy, sometimes HR competencies can lead to Business strategy" do you agree with this statement? Justify your answer.
Yes, I agree that HR competencies can lead to business strategy. The HR process is responsible for recruiting, selecting, training, and managing employees, all of which are essential components of a successful business strategy. By leveraging HR competencies, such as effective communication, conflict resolution, and decision making, an organization can create a strong and cohesive workforce that is capable of executing the business strategy.
Furthermore, HR competencies, such as conflict resolution and decision making, can help an organization navigate the challenges and obstacles that may arise during the implementation of the business strategy. By leveraging these competencies, an organization can create a positive work environment that supports the successful execution of the business strategy.
Overall, the HR process and HR competencies are essential components of a successful business strategy, and can play a crucial role in helping an organization achieve its goals.
Know more about HR here:
https://brainly.com/question/29022864
#SPJ11
Question 1 (20 marks)A) What are the main difference between financial accounting andmanagement accounting? (6 marks)B)Identify each of the following questions as being more likely by an internal user or external user and specify who would be the users. (6 marks) 1.How does the company’s profitability compare to other companies?2.Do we need to borrow in the near future?3.Will the company be able to pay its short-term debts?C) Beekman Enterprises had the following selected transactions:Invested $10,000 cash in business.Billed customers $2,100 for services performed.Paid $350 cash for advertising.Borrowed $5,000 from the bank by signing a note.For each transaction, indicate the following.The basic type of account debited and credited (asset, liability, equity).The specific account debited and credited (cash, rent expense etc.).The normal balance of the specific account.
while management accounting is focused on providing financial information to internal users such as managers and employees.
Financial accounting follows Generally Accepted Accounting Principles (GAAP) and is required by law for publicly traded companies, while management accounting is not required to follow GAAP and is used for internal decision making.
Answer: A) The main difference between financial accounting and management accounting is that financial accounting is focused on providing financial information to external users such as investors and creditors.
B) 1. This question is more likely to be asked by an external user, specifically an investor or creditor, who is interested in comparing the company's profitability to other companies in the industry.
2. This question is more likely to be asked by an internal user, specifically a manager or executive, who is responsible for making financial decisions for the company.
3. This question is more likely to be asked by an external user, specifically a creditor, who is interested in the company's ability to pay its short-term debts.
C) 1. The basic type of account debited is an asset and the basic type of account credited is equity. The specific account debited is cash and the specific account credited is owner's equity. The normal balance of the cash account is a debit and the normal balance of the owner's equity account is a credit.
2. The basic type of account debited is an asset and the basic type of account credited is revenue. The specific account debited is accounts receivable and the specific account credited is service revenue. The normal balance of the accounts receivable account is a debit and the normal balance of the service revenue account is a credit.
3. The basic type of account debited is an expense and the basic type of account credited is an asset. The specific account debited is advertising expense and the specific account credited is cash. The normal balance of the advertising expense account is a debit and the normal balance of the cash account is a debit.
4. The basic type of account debited is an asset and the basic type of account credited is a liability. The specific account debited is cash and the specific account credited is notes payable. The normal balance of the cash account is a debit and the normal balance of the notes payable account is a credit.
Learn more about financial accounting : https://brainly.com/question/26690519
#SPJ11
a. Katherin Lee is considering an investment that pays $15,000 per year for 20 years and opportunity cost
is 9.5 percent interest. If she doesn’t receive the first $15,000 payment until one year from today, what
is the most she should be willing to pay for the investment? How much would she be willing to pay if
she receives the first $15,000 payment today?
b. An investor can buy a security at a price of $78.35 that will pay $100 after five years. What rate of
return will s/he earn if he purchases the security?
Please answer both the questions. It's a request.
The most Katherine should be willing to pay for the investment is $160,485.80.The rate of return for the security is 5.04%.
To determine the most Katherine Lee should be willing to pay for the investment, we need to calculate the present value of the future payments using the formula:
Present Value = (Future Value) / (1 + r)^n
Where r is the discount rate (opportunity cost) and n is the number of periods.
For the first scenario, where she receives the first payment one year from today:
PV = ($15,000 / (1 + 0.095)^1) + ($15,000 / (1 + 0.095)^2) + ... + ($15,000 / (1 + 0.095)^20)
PV = $145,485.80
Therefore, the most Katherine should be willing to pay for the investment is $145,485.80.
For the second scenario, where she receives the first payment today:
PV = $15,000 + ($15,000 / (1 + 0.095)^1) + ($15,000 / (1 + 0.095)^2) + ... + ($15,000 / (1 + 0.095)^19)
PV = $160,485.80
b. To determine the rate of return for the security, we need to use the formula:
r = (Future Value / Present Value)^(1/n) - 1
Where n is the number of periods.
r = ($100 / $78.35)^(1/5) - 1
To know more about return rate refer to-
brainly.com/question/24232401#
#SPJ11
Benefits of diversification Sally Rogers and to inventor worth qual across the following the Water erected returns and then from her investment in the three? How do they come with mesting in asset M Mint Find the standard deviations of use Mad of the portfolo con esattes MN and What is the expected retum at inting only not threatens M, Nando? 122 Round to wo decimal aces) What is the expected return of investing in Moe / 10:04 Pound to two decine What is the autoritard deviation of te poroko hat eis equaly not treats M N and Oy 250 Round to two deca What is the standard deviation of Hound tomo decimal places) By voting in the portfolio ma invests equally in altre M. N and rather than a Malon, Sally can benefit by reading her retum bys and decreasing the disk by%. (Round to two decimal aces Benefits of diversification Sally Rogers has decided to invest her wealth equally across the following three assets. What are her expected returns and the risk from her investment in the three do they compare with investing in asset Malone? Hint Find the standard deviations of asset Mand of the portfolio equaly invested in assets M. N. and O. What is the expected rotum of investing equally in all three assets M, N and o? L% (Round to two decimal places) - X Data table (Click on the following in order to copy its contents into a spreadshoot) Santos Boom Normal Rocession Probability 29 50% 21% Asset M Return 13% 10% 1% Asset N Rotum 23% 15% 396 Asset Return 1% 1096 13%
The benefits of diversification include reducing risk and increasing potential returns. By investing in multiple assets, Sally Rogers can reduce the overall risk of her portfolio because she is not relying on the performance of just one asset.
Additionally, diversification can increase potential returns because it allows for exposure to different types of investments that may perform well in different economic environments.
To calculate the expected return and standard deviation of Sally's portfolio, we can use the following formulas:
Expected return = ∑(probability of state × return of asset in state)
Standard deviation = √∑(probability of state × (return of asset in state - expected return)^2)
Expected return of asset M = (0.29 × 13%) + (0.50 × 10%) + (0.21 × 1%) = 8.68%
Expected return of asset N = (0.29 × 23%) + (0.50 × 15%) + (0.21 × 3.96%) = 14.61%
Expected return of asset O = (0.29 × 1%) + (0.50 × 10.96%) + (0.21 × 13%) = 8.49%
Expected return of portfolio = (0.33 × 8.68%) + (0.33 × 14.61%) + (0.33 × 8.49%) = 10.59%
Standard deviation of asset M = √((0.29 × (13% - 8.68%)^2) + (0.50 × (10% - 8.68%)^2) + (0.21 × (1% - 8.68%)^2)) = 4.02%
Standard deviation of asset N = √((0.29 × (23% - 14.61%)^2) + (0.50 × (15% - 14.61%)^2) + (0.21 × (3.96% - 14.61%)^2)) = 5.84%
Standard deviation of asset O = √((0.29 × (1% - 8.49%)^2) + (0.50 × (10.96% - 8.49%)^2) + (0.21 × (13% - 8.49%)^2)) = 4.21%
Standard deviation of portfolio = √((0.33 × (8.68% - 10.59%)^2) + (0.33 × (14.61% - 10.59%)^2) + (0.33 × (8.49% - 10.59%)^2)) = 2.47%
By diversifying her investments across the three assets, Sally can benefit by reducing her overall risk (standard deviation of portfolio = 2.47%) and increasing her potential returns (expected return of portfolio = 10.59%). These benefits are evident when comparing the expected return and standard deviation of the portfolio to those of the individual assets.
To know more about diversification click here:
https://brainly.com/question/30026503
#SPJ11