A company with annual sales of $24,000,000 is considering changing its payment terms from net 40 to net 30 to encourage customers to pay more promptly. The company forecasts that customers would respond by paying on day 34 rather than day 44 as at present (assume a 360 day year) but would decrease their purchases by $450,000 per year. The company also forecasts that its idle cash balance would decrease by $40,000 and administrative costs would be reduced by $35,000 per year. The company's variable costs average 66% of sales, it is in the 35% marginal tax bracket, and it has an 9% cost of capital. Required: A. Calculate the incremental cash flows associated with accepting this proposal, and organize your cash flows into a cash flow spreadsheet of the type demonstrated in chapter 12 of the textbook. a B. Calculate the proposal's Net Present Value. C. Calculate the proposal's Internal Rate of Return. D. Calculate the proposal's Net Annual Benefit. E. Explain whether the firm should shorten its payment terms or not. A Time Zero Amount Change in A/R balance Profit on change in balance Other W/C change Total 709,167 222,417 (40,000) 891,583 Years 1 through infinity Admin costs 35,000 Bad debt changes Contribution margin (153,000) Discounts Tax on above 65,800 Total cash flow (52,200) Detailed support for above numbers: Daily sales Average age of A/R (days) Variable cost % Old investment in A/R 66,667 44 66% 2,933,333 65,417 34 New daily sales Average age of A/R (days) Variable cost % New investment in A/R 66% 2,224,167 Net decrease in A/R balance 709.167 New daily sales Change in average age of A/R (days) Contribution margin % Change in A/R based on profit portion 65,417 10 34% 222,417 Other W/C change (given in problem) 40,000 Change in administrative costs (given in problem) 35,000 450,000 Decrease in sales Contribution margin % Net decrease in contribution margin 34% 153,000 Change in admin costs (from above) Change in contribution margin (from above Net taxable change Tax rate Net change in taxes 35,000 153,000 188,000 35% 65,800 B Present value of cash inflows Present value of cash outflows Net present value 947,141 177,064 770,076 C Annual cash outflow Investment in A/R Internal rate of return 891,583 (2,224,167) 149.46% D Allowed annual cost Actual annual cost Net annual benefit 15,840,000 15,508,000 332,000

Required reserves of banks are a fixed percentage of their fixed deposits.

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank. Required reserves are used to control the amount of loans a bank can give out. This in turn affects the money supply in the economy.

Reserves are also needed to meet unforeseen circumstances.

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Answer:

i'm no expert but, i think first start out with ideas of the business u wanna do and keep adding on to those ideas you already have and find a business idea you know you can invest in and stick to that business so you can make money you want and supply the products people want and need so, that your making money to help yourself out in life and their getting supplies that are good and don't have harsh chemicals so, it doesn't result in you losing money. Also Natural Beauty is a good name but, i think you might like these three name ideas but, if not its okay go with the name you want since it's your business. Here are the name ideas Natural Essentials, Clear Beauty, or Organic Beauty Essentials.

Answer:

Many small business owners decide to set up an LLC for the liability protection it provides. An LLC, or limited liability company, exists separately from its owners (known as members), and the owners are therefore not personally responsible for business debts.Most states don’t allow two different business entities to have the same name. So you can’t, for example, have “Joe’s Donuts, LLC” and “Joe’s Donuts, Inc.,” even if they’re located in different cities. Many states also restrict companies from using certain words in their names, such as “bank.” If the LLC name you’ve selected is available, but you aren’t going to be filing your LLC documents right away, you may want to reserve the name. Nearly every state allows you to reserve a name by filing a form and paying a name reservation fee. The length of the reservation period, filing fees, and renewal policies vary from state to state.Almost every state requires its LLCs to name a registered agent (also sometimes called a statutory agent). A registered agent is a person who agrees to receive lawsuits, subpoenas and other official documents on behalf of the LLC and to pass them along to the appropriate person at the LLC.An LLC operating agreement is the roadmap that describes how your LLC will be run. It specifies such things as the ownership interests and voting rights of the members, how profits and losses will be allocated, how meetings will be held, how the business will be governed, the rights of the members if one of them dies or leaves the business, and the way the company will be dissolved if it goes out of business.Each state has its own form and procedure for establishing an LLC. In general, you must file articles of organization that list.After the LLC’s formation documents are filed and approved, the state will issue a certificate or other document that confirms that your LLC formally exists. Once you’ve received the certificate, you can take care of business matters like obtaining a tax ID number and business licenses and setting up a business bank account. Explanation:If your LLC does business in more than one state, you may need to register to do business in other states. To do this, you’ll need to fill out and submit paperwork that’s similar to the paperwork you filed when you formed your LLC. You’ll also need a registered agent in each state where you are authorized to do business.

Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

Partnership is basically the coming together of two of more companies or individual with a common goal.

Let bear in mind that Partnership is different from Acquisition or Merger because each owner is entitled to their share of profit.

Through this partnership, Kohl's and Amazon will both benefit from the arrangement.

Currently, Kohl's has a large number of physical stores which Amazon has no access to. So therefore, Kohl's will benefits from Amazon's strong online customer base.

Therefore, Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

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Public goods are always nonrival in consumption types of goods are always nonrival in consumption. Option A is correct

Consumption refers to the using up of goods and services by individuals or households. In the context of economics, consumption is a component of the gross domestic product (GDP) and is a measure of the amount of goods and services that are used or consumed by households over a given period of time.

Consumption refers to the act of using goods and services to satisfy human wants and needs. It is the final stage in the production and distribution of goods and services, and it is what ultimately drives economic activity. Consumption can take many forms, including the purchase of goods and services for personal use, the use of goods and services provided by the government, and the use of goods and services provided by other individuals or organizations. The ultimate goal of consumption is to provide satisfaction and utility to individuals and society as a whole.

Option A is correct

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Following the dissolution of a marriage or other comparable partnership, child support (sometimes known as child maintenance) is a continuous, periodic payment given by a parent for the financial benefit of a child (or parent, carer, or guardian).

Children of a relationship that has ended, or in certain situations never existed, are supported and cared for through direct or indirect payments as child support from an obligee to an obligee. The debtor is frequently a non-custodial parent. The obligee is often a guardian, carer, or parent with primary custody.

1. Residence Test: A eligible child must spend more than half of the year living with the taxpayer. Temporary absences are ignored for this reason.

2. Age Requirement: To be eligible, a child must be younger than 19 or, in the case of a full-time student, younger than 24. Any person claiming to be a qualifying kid cannot be older than the taxpayer making the claim.

3. Support Test: To be considered a qualified child, the person must not offer more than one-half of his or her own support if they are full-time students. Scholarships are not regarded as help in the event of a child who is a full-time student.

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There are several potential negative consequences of subsidies for American oil companies, including: Distortion of the market, Misallocation of resources, Dependency on subsidies, Environmental impacts

A subsidy is a financial assistance or support provided by the government to a specific industry, sector, or group. Subsidies can be in the form of direct financial payments, tax breaks, or other forms of support, and they are often provided to promote a specific social or economic objective, such as increasing employment, promoting innovation, or protecting the environment.

There are several potential benefits of subsidies, including:

Encouraging economic growth: Subsidies can help to stimulate economic growth by providing financial support to industries, sectors, or groups that may be struggling or in decline.

Promoting innovation: Subsidies can encourage firms to invest in research and development and to bring new products or technologies to market, which can lead to innovation and technological progress.

Protecting the environment: Subsidies can be used to encourage the development and adoption of environmentally-friendly technologies or practices, such as renewable energy or sustainable agriculture.

Providing social benefits: Subsidies can be used to provide social benefits, such as reducing poverty, increasing access to education or healthcare, or promoting social inclusion.

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In general, both types of smartphones' equilibrium prices go up, while their equilibrium quantities will fluctuate.

How you can explain equilibrium?

Equilibrium is a state in which market demand and supply are in equilibrium, resulting in stable prices. In general, an oversupply of goods and services leads to falling prices, which leads to an increase in demand, while an undersupply or shortage leads to a rise in prices, which leads to a decrease in demand.

Why equilibrium important?

Equilibrium plays a very important role in the study of chemical reactions and tells us the direction of chemical reactions. Equilibrium helps control the reaction conditions to promote the formation of the desired product. It also helps in calculating the composition of the final reaction mixture.

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Passive losses refer to losses incurred from passive activities, which are activities in which the taxpayer does not materially participate. There are certain limitations on the ability to deduct passive losses from one's taxable income.

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Answer:

A

Explanation: The most common reason tbh.

Answer: A

And just trust

Answer:

C

Explanation:

because thats wat ist is.- limited funds

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The answer is B. policy

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9514 1404 393

Answer:

  C.  To avoid having to pay for hospital bills resulting from an accident they cause

Explanation:

The purpose of any sort of insurance is to limit or eliminate the policy-holder's liability. Medical insurance in an auto policy pays for medical bills the policy-holder might otherwise be liable for as a consequence of an auto accident.

Answer:

     Sadly, I cannot answer, bacuase you are not showing us what is supposed to be filled out, nor any choices to fil it out with. If you were to give us the questions typed out, I’d be happy to answer!

The market for hot dogs in New York City is a highly competitive market in which market forces set the price. firms in this market cannot make large economic profits

The market for hot dogs on the streets of New York City can be considered as close to a perfectly competitive market. This is due to the many individuals buying and selling hot dogs. In a perfectly competitive market, there is an equilibrium price and quantity at which the quantity of a good supplied equals the quantity of the good demanded. This is called the market-clearing price and quantity. In this market for hot dogs, market forces set the price. When there is a shortage of hot dogs, the quantity demanded exceeds the quantity supplied, which leads to higher prices. Conversely, when there is a surplus of hot dogs, the quantity supplied exceeds the quantity demanded, which leads to lower prices. Since there are no barriers to entry, firms in this market cannot make large economic profits and can only earn zero economic profits. They can only make positive accounting profits in the short run when the price is above their average total cost. In conclusion, the market for hot dogs in New York City is a highly competitive market in which market forces set the price. Firms can only earn normal profits in the long run, which is characteristic of perfectly competitive markets.

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complete question:

The market for hot dogs on the streets of New York City can be considered close to a perfectly competitive market. Because there are so many individuals buying and selling hot dogs:

there is a shortage of hot dogs.

there is a surplus of hot dogs.

market forces set the price in the market.

firms are able to make large economic profits.

firms cannot make positive accounting profits.

As per the combination method, the number of ways to position these vegetables in her garden is 1.

This is a combination problem, which calculates the number of ways to determine a specified number of objects from a total number of objects where order is not important.

Using this formula, we can calculate the number of ways to position the vegetables in the garden. Since there are four different vegetables and four available rows, we can say that n = 4 and r = 4. Plugging these values into the combination formula, we get:

C(4,4)= 4! / 4!(4-4)! = 4! / 4!0! =1

This indicates that there is only one way to position the vegetables in the garden, as each vegetable can only be placed in one row and all rows must be filled.

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Answer:

Those with a college degree earn nearly twice as much as those without college.

Explanation:

A college degree increases the chances of securing a higher paying job than a high school diploma. Most employers insist on college degrees for managerial or executive positions. These are the positions with good pay packages. Currently, college graduates earn nearly twice their high school diploma holders.

Answer:

D.

Explanation:

the person above me is correct

Similar to manufacturing, the service scheduling hierarchy in service industries begins with customer demand.

The scheduling process starts by analyzing and understanding the demand for services from customers. This includes determining the quantity, frequency, and specific timing of service requests. By assessing customer demand, service providers can effectively plan and allocate resources, schedule staff, and manage capacity to meet the needs of customers in an efficient and timely manner. Customer demand serves as the foundation for service scheduling, guiding the decision-making process throughout the hierarchy. It helps service providers anticipate and respond to fluctuations in demand, balance workload, minimize wait times, and optimize resource utilization. Understanding customer demand is crucial for delivering high-quality service, ensuring customer satisfaction, and maintaining operational efficiency. Therefore, customer demand acts as the starting point in the service scheduling hierarchy, shaping subsequent scheduling decisions and strategies.

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Answer:

diligent I guess

Explanation:

i don't know just putting a word that sounds *smart*

Answer:

$80,000

Explanation:

Prudence allows that liabilities should not be understated and assets should not be overstated .

As the case is probable to result to a liability by the lawyers assessment , this means that it is more likely to happen and liability should be recognized . However , there is an insurance that limits the liability to the tune of $80,000 regardless of the agreement made towards the settlement.

The sum of $80,00 should be recognized as the liability in the statement of financial position

To compute the activity rate for each activity cost pool, we need to divide the estimated activity cost pool by the corresponding activity measure. Let's calculate the activity rates for each pool:

1. Machine setups:

  Activity cost pool: $72,000

  Activity measure: Number of setups

  Activity rate = $72,000 / 100 setups = $720 per setup

2. Special processing:

  Activity cost pool: $200,000

  Activity measure: Machine-hours

  Activity rate = $200,000 / 5,000 machine-hours = $40 per machine-hour

3. General factory (organization-sustaining):

  Activity cost pool: $816,000

  Activity measure: N/A (Not applicable)

  Since the general factory cost is organization-sustaining and not allocated based on specific activities, we cannot calculate an activity rate for this cost pool.

Therefore, we computed the activity rate for the machine setups and special processing activity cost pools. However, we did not compute an activity rate for the general factory (organization-sustaining) cost pool because it does not have an applicable activity measure.

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Answer:

The radius of the earth is 6371 km and the weight of an object on the earth is 800 N. The weight of the object at an altitude of 6371 km above the surface of the earth

Answer:

New England

Trans-Pacific Partnership

10 times cheaper

Jobs

Explanation:

It can be seen from the solutions given that Cain's net income is $24,000.

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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Answer:

Emotional because joining such a club wont benefit him economically, only his prestige

Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.

First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.

Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity

.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.

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A Real output will decrease, and the price level will increase  affect the economy's real output and the price level in the short run. In a system with a floating exchange rate.

An increase in the money supply will ultimately result in a depreciation of the currency and no change in real GNP. There is an inflationary effect during the transition price phase. By lowering interest rates and moving aggregate demand to the right from AD0 to AD1, expansionary monetary policy will bring about a new equilibrium (E1) at the potential GDP level of short run with only a little increase in the price level. When a central bank employs expansionary monetary policy, it helps to boost the economy. This boosts the availability of money, brings down interest rates, and raises demand.

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sure.. where is it? can u show?

Answer.

Explanation.

20 Characters long