A balance sheet is a assertion of a enterprise's belongings, liabilities, and owner's equity as of any given date. commonly, a stability sheet is ready on the give up of set intervals eg, each quarter; annually.
A balance sheet is constituted of columns. The column on the left lists the assets of the employer.
DOWN INC
Balance Sheet
At May 31
Assets Liabilities
Current Assets Current liabilities
Cash 38,500 Notes Payable 5,000
Accounts Payable 6,500
Total current assets 38,500 Total current liabilities 11,500
Long term liabilities
Notes Payable 16,000
Property,plant & equipment Total long term liabilities 16,000
Equipment 20,000
Property,plant & equipment 20,000
Stockholders Equity
Common Stock 31,000
Retained Earnings -
Total Stockholders equity 31,000
Total Assets 58,500 Total Liabilities & Stockholders Equity 58,500
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It is likely that you won’t like the prospect of paying more money each month, but if you do take out a 15-year mortgage, you will make far fewer payments and will pay a lot less in interest. How much more total interest will you pay over the life of the loan if you take out a 30-year mortgage instead of a 15-year mortgage?.
Based on the amount borrowed and the term of the loan, the amount more that you will pay in total interest over the life of the loan with the 30-year mortgage is $1,079,892.
How much more interest is paid?The total payment to be made on the 30-year mortgage is:
= 7,200.29 x 30 years x 12 months per year
= $2,592,000
Total interest paid in 30-year mortgage:
= 2,592,000 - 700,000 amount borrowed
= $1,892,000
The total payment to be made on the 15-year mortgage is:
= 8,401.18 x 15 x 12
= $1,512,212.40
Total interest paid in 15-year mortgage:
= 1,512,212.40 - 700,000
= $812,212.40
The total interest that was paid more with the 30 year mortgage than the 15 year mortgage is:
= 1,892,000 - 812,212.40
= $1,079,892
Rest of the question is:
Your friends suggest that you take a 15-year mortgage, because a 30-year mortgage is too long and you will pay a lot of money on interest. If your bank approves a 15-year, $700,000 loan at a fixed nominal interest rate of 12% (APR).
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wonder company purchased 35,000 of the 100,000 outstanding shares of elton company common stock on january 1, 20x2, for $200,000. the purchase price was equal to the book value of the shares purchased. elton reported the following: year net income dividends 20x2 25000 10000 20x3 50000 15000 20x4 45000 6000
Income is money that an individual or business receives in exchange for providing labor, producing a good or service, or investing capital. Individuals typically earn income through wages or salary, while businesses earn income from selling goods or services above their cost of production.
The same amount of money will buy less. The $50,000 will be worth only $49,000 in real income with a 2% inflation rate in this example
The porch 3 to the book value of the shares purchased of the 100,000 outstanding shares of Elton Company common stock on January 1, 20X2, for $200,000.
investment in wonder Company = 35,000/100,000
= 0.35
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The demand curve for one particular brand of cough syrup will _____ the demand curve for cough syrup as a general category.
The demand curve for one particular brand of cough syrup will be more elastic than the demand curve for cough syrup as a general category.
What is meant by Demand Curve ?
The relationship between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. The price and quantity demanded are often represented with the price on the left vertical axis and the horizontal axis, respectively.
The law of demand states that when the price of a given good rises, the quantity required falls, all other things being equal. This is expressed by the demand curve moving downward from the left to the right.
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The distribution of monthly rent for one-bedroom apartments in a city is approximately normal with mean $936 and standard deviation $61. A graduate student is looking for a one-bedroom apartment and wants to pay no more than $800 in monthly rent. Of the following, which is the best estimate of the percent of one-bedroom apartments in the city with a monthly rent of at most $800 ?.
The best estimate of the percent of one-bedroom apartments in the city with a monthly rent of at most $800 is 1.3%.
A percentage is a number or ratio expressed as a fraction of 100. is often described. A percentage is a part of a whole expressed as a number between 0 and 100, not as a fraction. Everything is 100%, half of it is 50%, and nothing is 0%. To get a percentage, divide part of the whole by the whole and multiply by 100.
Mean = \mu = 936
standard\ deviation = \sigma =61
To find
P(X<800)=P(\frac{X-\mu }{\sigma }<\frac{800-936}{61})
P(X<800)=P(z<-2.2295)
P(X<800)=0.01289
0.01289\times 100 = 1.289\approx 1.3% percent.
Hence, option 4) is correct is the best estimate of the percent of one-bedroom apartments in the city with a monthly rent of at most $800.
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Small-island developing states have long been at the forefront of demanding that countries that are industrially advanced and are largely responsible for the emissions that cause climate change must address the loss and damages that sids are encountering due to climate change. What is the current status of reparations for sids?.
To inform developed nations of the harm and loss they are doing to SIDs reparations developing nations, small island developing governments established a commission. The impacted countries were expected to receive compensation from the at-fault countries.
According to the fundamental tenet of international law, the polluter pays, the responsible SIDs reparations nations were requested to relieve the afflicted nations of debt or to provide grants to make up for the damage.
It was said that the afflicted nations are suffering double injustice because they already pay SIDs reparations higher interest rates on their debt, preventing them from implementing a coping strategy to deal with the harm these nations have created.
The commission demanded compensation from the nations harming people. The SIDs reparations claim that they are victims of injustice because they already have debt and are paying increased interest rates, on top of which they are experiencing catastrophic climate change. Due to budgetary limitations, they are consequently at risk of loss and damage and are unable to take preventative measures.
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Relative to the initial market equilibrium, at a price ceiling of $2, what is the amount of surplus transferred from producers to consumers?
When there is no price cap and the market price is $4, there are 3000 pounds sold, and the producer surplus is the space between the $4 priceline and the supply line up to the 3,000-pound level.
The Amount of Surplus is $2000.The producer surplus in this case is 0.5 × ( 4 - 1 )× 3000 = 4500.However, the amount is decreased to 1000 pounds when there is a price cap of $2.
The current producer surplus is 500, or 0.5 × ( 2-1 )× 1.The decrease in producer surplus is now 4500 – 500, which equals 4000.
Deadweight loss is one element of this decrease and is calculated as 0.5*(4-2)*(3000-1000) = 2000.The transfer of producer surplus to consumers makes up the remaining amount, which is equal to ( 4 - 2 ) * 1000 / 2000.
Therefore $2,000. is the correct Amount.
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Garcia industries has sales of $207,500 and accounts receivable of $18,500, and it gives its customers 25 days to pay. The industry average dso is 27 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8. 0% on any cash freed up by this change, how would that affect its net income, assuming other things are held constant? assume all sales to be on credit. Do not round your intermediate calculations.
Rates: 8%
Sales: 207,500
A/R: 18,500
Days in Year 365
Sales/Day: 568.50
DSO: 40
Industry DSO: 27
(x / 207,500) x 365 = 27
Solve for x = 15,349.31
x = This is the amount Accounts Receivable needs to be lowered to.
18500 - 15,349.31 = 3,150.69 decrease in Accounts Receivable
3,150.69 x 8% = 252.05 Interest earned and addition to net income.
Net income refers to the income of an individual or business after deducting expenses, allowances and taxes. In commerce, net income is what is left in the business after all expenses such as salaries and wages, cost of goods and raw materials, and taxes.
Is Net income the Same as Profit?
Profit simply means the remaining income minus expenses. It exists at multiple levels, depending on the type of cost that is deducted from the revenue. Net income, also known as net profit, is a single number that represents a particular type of profit. Net income is the famous last line of financial statements.
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In 2018, country a exports $84.9 billion and imported products valued at $74.69 billion. the difference between the dollar value of its exports and imports represents a:_____.
In 2018, country a exports $84.9 billion and imported products valued at $74.69 billion. The difference between the dollar value of its exports and imports represents a Trade Surplus.
A trade surplus is an economic indicator which indicates a favorable trade balance when a nation's exports are more than its imports.
It is calculated as : Total value of Exports minus Total value of Imports.
When the outcome of the computation which is done above is positive, there is a trade surplus. A trade surplus is the result of a net local money inflow from the international markets.
It takes place when the outcome of the aforementioned computation is negative and is the opposite of a trade surplus, then it will denote a net inflow.
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Rowena invented a new, innovative type of natural hair gel, so she started a company to make and sell it. she risked her wealth, time, and effort to develop this product for profit. rowena is
Rowena is a stakeholder because she is an employee and part of the stakeholder community. As an employee, she is subject to the company's decisions.
She is not a shareholder because he has no shares.
Stakeholders, as defined in the terms first used in the internal memorandum of the Stanford Institute in 1963, are members of "groups without the support of which the organization would no longer exist.". This theory was later developed and defended by R. Edward Freeman in the 1980s.
A stakeholder can be any number of people affected by or involved in a project. For example, a stakeholder can even be an owner or shareholder. However, stakeholders are also employees, bondholders, customers, suppliers, and vendors. Shareholders can be interested parties
A stakeholder is a party that has an interest in the company and influences or is affected by the business. The main stakeholders of a typical company are investors, employees, customers, and suppliers.
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What are the similarities and differences between the way that professor porter discusses profits in business and the way that profits are discussed in the unit?
Porter asserts that a firm's investment value in terms of long-term return on investment depends on how potential sector entrants, customers, replacement goods, suppliers, and rival businesses interact.
More about Porter:
Twenty books and numerous essays by Michael Porter, including Competitive Strategy, Competitive Advantage, Competitive Advantage of Nations, and On Competition, have been published. Among the most important management and competitiveness theorists in the world, Michael Porter founded the modern strategy area.
Professor Porter is the most referenced author in business and economics and a six-time recipient of the McKinsey Award for the best article published in the Harvard Business Review during the year.
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In most experiments, tradeoffs are made between validities because it is not possible to achieve all four at once. What is the most common tradeoff?.
We choose between feasibility because in most experiments it is impossible to achieve all four at the same time. The most common trade-off is that as internal validity increases, external validity decreases.
A tradeoff is a situational decision to reduce or lose one quality, quantity, or function of a set or design in exchange for benefiting from the other. Simply put, a compromise is when one must increase and the other decrease.
A tradeoff is a kind of compromise in which you give up something in exchange for something else. When looking for an after-school job, you may have to compromise, such as a lower hourly wage, for a more convenient location. Trade-offs are common in competition and essential to strategy. They create a need for choice and protect against repositioners and straddlers. An example of an individual's opportunity cost is when a full-time worker decides to attend advanced medical school for a salary of $50,000. He earns $150,000 as a physician after 7 years of study with annual tuition of $30,000.
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in 1985 inflation in israel reached a record 500%. how did this period of high inflation affect market adjustments towards equilibrium price and quantity?
Markets reached equilibrium more slowly and irregularly.
Why does inflation make markets more uncertain?Because it is more difficult to maintain awareness of how one product compares in price to another, inflation raises market uncertainty. In a perfect world, inflation shouldn't distort pricing signals in any way.
What effects do high inflation rates have on a nation?An economy faces greater issues if its inflation rate is higher than that of its trading partners. This is due to the fact that its domestic goods and services would be more expensive than imports and its exports would be relatively more expensive. AD and real growth would decline as a result of falling net exports.
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A key benefit of collaboration is _______________, which focuses on deriving better and more unique ideas for products and services.
A key benefit of collaboration is innovation which focuses on deriving better and more unique ideas for products and services.
What is innovation?Innovation is termed as a service, product,strategy, business model that is both useful and novel. Innovations need not be be a major breakthrough in technology or it need not be a new business model; they can be any upgrades to the customer service of a company or features which are added to the existing product.
In business, Innovation is grouped into two categories:
Sustaining and Disruptive.
Sustaining innovation:
It enhances any organization's processes and their technologies to improve the product line for existing customer base.
Disruptive innovation:
It occurs when a smaller company challenge a larger business.
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What does the image say?
Can someone unblur it?
I have no idea sir maybe someone could assist you
Frank wright is a stereo buff who will go to great lengths when making stereo equipment purchases. He believes having the right equipment is important because he wants to impress the people who will see the stereo when they visit his home. If you were the marketing vp for quality electronics, inc. And your market was primarily made up of people just like wright, which influence source would you most likely build into your promotional messages?.
Answer
reference group influences (Reference groups are people to whom an individual looks as a basis for self-appraisal or as a source of personal standards. Reference groups exert a strong influence on the brand chosen when its use or consumption is highly visible to others. By building reference groups into the promotional messages for Quality Electronics you would be more likely to attract consumers such as Frank Wright.)
Like mitosis, meiosis involves duplication of the chromosomes before division starts. However, there are __________ rounds of cell division during meiosis and __________ during mitosis.
Like mitosis, meiosis involves the duplication of the chromosomes before division starts. However, there are two rounds of cell division during meiosis and one during mitosis.
The process of meiosis can be described as a process by which cell division in gamete cells takes place. The number of chromosomes is reduced to half in the process of meiosis so that the chromosome number can be maintained.
As a result of one cell division, like that of mitosis, two daughter cells are formed with exactly the same number of chromosomes as the parent cell.
In order to reduce the number of chromosomes to half, two divisions occur in meiosis so that four daughter cells are formed with half the number of chromosomes as the parent cell.
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He market is wheat. a drought destroys much of the crop. the curve will shift . the factor causing the shift is:________
As a result of the drought, the supply curve would shift to the left. The factor causing the shift is the decrease in supply.
What is the effect of the drought?
When there is a drought that destroys the crops, the quantity of wheat that farmers can supply to the market would decline. As a result, the supply of wheat would fall.
When there is a decrease in the supply of wheat, the supply curve would shift to the left inclining a decline in the supply of wheat. The supply curve is a graph that shows the relationship between price and quantity supplied. When the supply curve shifts to the left, equilibrium price would increase and equilibrium quantity would decrease.
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work packages are critical for planning and scheduling a project because they are the level within a work breakdown structure (wbs) that will define .multiple select question.costs.required time.required resources.work method.
Work packages are critical for planning and scheduling a project because they are the level within a work breakdown structure (WBS) that will define b. required resources. c. costs. d. required time.
A work package is a group of related tasks within a project. Because they look like the project itself, they are often considered subprojects within a larger project. A work package is the smallest unit of work into which a project is divided when creating a work breakdown structure (WBS
Defining work package releases and iterations Scrum sprints are used in phases. The work package contents are decomposed or transformed into lower-level plans such as B. Release and iteration plans. This can be in the form of a backlog.
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Disclaimer:- your question is incomplete, please see below for the complete question.
a. work method.
b. required resources.
c. costs.
d. required time.
Your marketing team is currently working through the target market selection process to identify which customers your firm will target with a new technology product being developed. You are currently in the process step where you must consider the target market characteristics, the product attributes, and the firm’s objectives and resources. Which of the five steps in the target market selection process are you currently working on?.
The five steps in the target market selection process are you currently working on Identify the appropriate targeting strategy.
An organization plans, executes, and maintains a marketing mix that is appropriate for the requirements and preferences of a target market, which is a collection of consumers (individuals, families, or organizations).
Compared to bulk marketing, target marketing is counterproductive. It entails locating and choosing particular portions to receive extra attention. Choosing a target market is only one of the numerous choices that business analysts and marketers must make during the segmentation process.
The general process known as S-T-P (Segmentation, Targeting, and Positioning) includes selecting a target market (or target markets). Before a company can create a positioning strategy, it must first divide the market into segments and choose one or more goals.
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an organization that wishes to improve employee involvement, efficiency, and customer satisfaction might conduct select that assesses how inputs coordinate to complete work and achieve the organizational outputs.
An organization may perform a study to evaluate how inputs work together to complete tasks and produce organizational outputs in order to increase employee engagement, efficiency, and customer satisfaction. Workflow analysis
Workflow analysis is the practise of looking at your company's workflows to find patterns and boost productivity. This boosts customer happiness, employee engagement, and the company's competitiveness in turn.
What is a workflow analysis composed of?
Picture illustrating Workflow Analysis
A workflow analysis is what? An evaluation of all the supporting operations is a workflow analysis. Plans to get rid of inefficiencies and improve the individual processes may be included. After analysis and optimization, if your workflow continues to run smoothly, you might want to consider automation.
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5. What are self-management skills?
O personal skills that help you learn how to take care of yourself and develop a growing independence.
O a good idea but not necessary in everyday life.
O skills developed to help you analyze abstract ideas.
the concrete ability to analyze information and solve problems.
Answer:
O personal skills that help you learn how to take care of yourself and develop a growing independence.
Of the over $550 million dollars lent to low-income individuals or to those who do not have access to typical banking services, what was the approximate average size of a loan made by the kiva microfinance services organization?.
The approximate average size of a loan made by the kiva microfinance services company was $416.62 out of the more than $550 million dollars provided to low-income people or to those who lack access to conventional banking services.
The range of financial products that microfinance institutions (MFIs) offer to their clients, including microloans, microfinance, and microinsurance products, is referred to as "microfinance." Microfinance was created in the 1970s when social entrepreneurs began providing substantial loans to the working poor.
One individual whose contributions to microfinance have made him well-known on a worldwide basis is Professor Muhammad Yunus, who shared the 2006 Nobel Peace Prize alongside Grameen Bank. Yunas and Grameen Bank have demonstrated that the poor are capable of escaping poverty. Additionally, Yunus demonstrated that loans provided to the working poor had relatively high payback rates when structured properly. His work attracted both profit-seeking capitalists and social engineers.
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The system of governing a company so that the interests of corporate owners and other stakeholders are protected is known as corporate governance. True or false?.
The answer is true. Corporate governance is the framework for managing and directing businesses. The management of their companies is under the control of their boards of directors. The shareholders' role in governance consists of selecting the directors and auditors as well as ensuring that a suitable governance structure is in place.
In order to ensure that the interests of all of a company's stakeholders are aligned, corporate governance establishes a set of rules and practices that must be followed. Financial viability is a result of ethical business practices, which are a result of good corporate governance. Calculating the company's carbon footprint and upholding human rights within the organization are a couple of examples of good corporate governance practices.
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How will the federal tax affect a biweekly pay of $740 for a single person claiming 1 exemption? a. it increases the biweekly pay by $62. b. it decreases the biweekly pay by $62. c. it increases the biweekly pay by $65. d. it decreases the biweekly pay by $65. please select the best answer from the choices provided a b c d
Answer:
D
Explanation:
It decreases the biweekly pay by $65.
Government can reallocate resources of an economy through taxes, ________ payments, and by providing direct services.
Government can reallocate resources of an economy through taxes, transfer payments, and by providing direct services. Direct services are those offered by workers or volunteers who have regular touch or interaction with clients.
Government house maids perform direct services in your home. When you go shopping, the assistance provided by the shopkeeper is an example of direct services.
There are two types of service: direct and indirect. Direct service is service that is paid for directly by those who receive it. People who are willing to pay for their services are served by direct service providers. In contrast, indirect service is a government-funded service provided to the broader population.
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The highest yielding savings accounts are paying historically low interest rates, so Maria is only able to get a 1% annual interest rate for her savings account. Assuming interest rates do not change, use the Rule of 72 to approximate how many years it will take for her to DOUBLE her money in this account?
Using the rule of 72 it is going to take Maria a period of 72 years in order to be able to double the money that is in her account.
What is the rule of 72?This is the term that is used to refer to the rule that helps to tell us of the number of years that would be needed in order to be able to double the amount of invested money of a person.
The formula for the rule of 72 is given as
t = 72 / r
where
t = years
r = rate in percentage
Hence we can say that
72 / 1%
Hence the period that it would take to double the money would be 72 years.
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Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
What is opportunity cost?
The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in price determination. Simply put, it means that if you choose one activity, you forfeit the chance to do another.
Therefore,
Project irr. A firm evaluates all of its projects by applying the irr rule. The required rate of return is 14 percent. What is the irr of a project that requires an investment today of $158,500 and has an expected cash flow in one year of $175,000?.
The required rate of return—the opportunity cost offered on equivalent investments—is 14%, the IRR does not compare well with other equivalent investments, so this investment should be rejected.
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number of baked goods decorated in one hour cupcakes cookies wilson 30 10 kendall 25 5 according to their comparative advantage: a. wilson should decorate cupcakes and kendall should decorate cookies. b. kendall should decorate cupcakes and wilson should decorate cookies. c. to avoid boredom, wilson should decorate ½ of the cupcakes and cookies and kendall should decorate the other half. d. wilson should decorate both because he is better at both.
Option C. to avoid boredom, wilson should decorate ½ of the cupcakes and cookies and kendall should decorate.
We say a person in the military, like a general, is decorated when he or she is given medals for bravery or other accomplishments. Definitions of decorated. verb. make more attractive by adding ornament, color, etc.
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Customer-profitability analysis uses activity-based costing to determine the activities, costs, and profit associated with serving particular customers. True or false?.
Customer Profitability Analysis uses activity-based costing to determine the activities, costs, and profits associated with serving a particular customer. TRUE
Customer Profitability Analysis (CPA for short) is a management accounting and credit insurance technique that enables companies and lenders to determine the profitability of each customer or customer segment by attributing profits and costs to each customer individually. Customer Profitability Analysis use activity-based costing to determine the activities, costs, and benefits associated with serving a particular customer.
Remove a customer, product, or segment if revenue is less than the variable cost. Customer Profitability Analysis uses activity-based costing to determine the activities, costs, and profits associated with serving a particular customer.
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In looking at the sample budget plan in the reading assignment, why are the dollar figures under the budgeted column usually larger than those in the actual column for flexible expenses?.
The dollar number under the budgeted column is usually larger than that in the actual column for flexible costs because flexible costs can vary, it is important to overestimate the costs.
The cost budget plan is an estimate of costs that will later be used for the implementation of an activity, both business and project. In some businesses, projects or events, budget planning is a mandatory document to see the amount of costs that will be used. Planning needs to be done to find out the costs to be incurred so that finances are more focused.
In project implementation, for example, this budget plan becomes the basis for whether the contractor can make an offer or not. The more promising the plan is, the more interested the contractor will be to make an offer. The budget plan already includes the planning stage, material selection, and various other costs such as worker wages and construction costs.
Projects and even businesses or events that are run without detailed budget planning will cause cost overruns. This is because the purchase or procurement of tools and materials and their operations are not well controlled so that expenditures are not directed. This is also what makes projects or businesses often face failure due to poor budget planning.
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