Margin of Safety a. If Canace Company, with a break-even point at $558,900 of sales, has actual sales of $690,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Canace Company was 30%, fixed costs were $1,201,200, and variable costs were 70% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.) $

Answers

Answer 1

Answer:

a.

(1)

Margin of Safety = $131,100

(2)

Margin of Safety as % of Sales = 19%

b.

Actual Sales = $5,720,000

Explanation:

Margin of safety is the value of sales by which the business is safe from the loss. It means all the made in excess of breakeven point is the margin of safety.

a.

(1)

Margin of Safety = Actual Sales - Breakeven point = $690,000 - $558,900 = $131,100

(2)

Margin of Safety as % of Sales = (Margin of Safety / Actual Sales ) x 100 = 19%

b.

First of all calculate the Contribution margin ratio

Contribution margin ratio = 100% - Variable cost ratio = 100% - 70% = 30%

Breakeven Sales = Fixed cost / Contribution margin ratio = $1,201,200 / 30% = $4,004,000

As the margin of safety is 30% of actual sales, so the breakeven sales i 70% ( 100% - 30% ) of Actual Sales

Actual Sales = Breakeven Sales / Breakeven sales to acual sales ratio

Actual Sales = $4,004,000 / 70%

Actual Sales = $5,720,000


Related Questions

If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent​

Answers

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

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Respond by (1) Identifying the type of syllogism below (Categorical, Disjunctive, Conditional) and (2) explain, in your own words, why the structure of the syllogism may be correct, but the conclusion could be false.

Major Premise: If the sidewalk is wet, then it must have just rained.
Minor Premise: The sidewalk is wet.
Conclusion: Therefore, it just rained.

Answers

The type of syllogism being used in the given sentence is a conditional syllogism.

What is Syllogism?

This refers to the use of reasoning in order to draw conclusions about something based on two premises.

Hence, we can see that conditional syllogism was used in the given premises and this is because it made use of either-or to show that if the sidewalk was wet, then that means that it must have rained.

This reasoning is faulty because there are different possible reasons for the sidewalk to be wet and not just rainfall.

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The fact that human wants cannot be fully satisfied with available resources is called the problemof
A)normative economics.
B)who will consume.
C)scarcity.
D)opportunity costs.
E)what to produce

Answers

The fact that human wants cannot be fully satisfied with available resources is called the problem of C)scarcity.

What is scarcity in the economy?

One of the fundamental ideas in economics is scarcity. It indicates that there is a gap between the supply and demand for an item or service. As a result, scarcity may restrict the options available to consumers, who in the end drive the economy.

Economics is primarily concerned with the issue of scarcity because, despite the fact that human needs and wants are limitless and growing, there are only so many resources that can be used to satisfy them. This prevents humans from completely meeting their wants.

Therefore, option C is correct.

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what does corporate ‘limited liability mean?

Answers

Answer:

is a form of legal protection for shareholders and owners that prevents people from being held personally responsible for their company's debts or financial losses. Keeps finances separate from the owners' personal finances.

The maximum amount you must pay before your homeowners insurance
begins to pay is your_
OA. deductible
OB. copayment
OC. credit limit
OD. premium

the answer is A. deductible

Answers

Answer: A. deductible

Explanation: It can not be premium, as that is what you pay monthly for insurance. Credit limit is the maximum amount of money your allowed to spend monthly on a credit card. A copayment is what is spent out of pocket on a service that is typically covered by insurance. Deductible is what you must pay before receiving insurance coverage.

Strong _______ skills influence hiring decisions and job performance, while at the same time promoting good relations in your personal life.

Answers

Strong communication skills influence hiring decisions and job performance, while at the same time promoting good relations in your personal life

Scarcity can be eliminated through

A) the use of market mechanisms.
B) exploration that helps us find new resources. C) wise use of our resources.
D) None of the above because scarcity cannot be eliminated.​

Answers

Answer:

D) None of the above

Explanation:

because scarcity cannot be eliminated

A crossword puzzle is looking for another word for "fair." Which of the following would not be a good choice?
a. Common
b. Insufficient
c. Middling
d. Ordinary

Answers

i believe it’s letter c
Answer: b

Explanation:
Fair means, something that is average or only slightly above average.
Which makes common, middling, and ordinary synonyms of the word fair.
Insufficient, on the other hand, does not share a similar meaning to the word fair.

Fill in the "description" column for the below table by mentioning if it is elastic, inelastic or unit
elastic.
Price
$2.0
$3.0
$4.0
$5.0
$6.0
$7.0
$8.0
$9.0
Quantity
20
18
16
14
12
10
8
6
Total Revenue
(Price x
Quantity)
$40
$54
$64
$70
$72
$70
$64
$54
Slope Point Elasticity Description
-2.00
$0.10
-0.20
-2.00 $0.17
-0.33
-2.00
$0.25
-0.50
-2.00
$0.36
-0.71
-2.00
$0.50
-1.00
-2.00 $0.70
-1.40
-2.00
$1.00
-2.00
-2.00
$1.50
-3.00

Answers

Answer:

Explanation:

Price   Quantity   Total Revenue   Description

$2.0        20                $40                    Elastic

$3.0        18                $54                    Elastic

$4.0        16                $64                    Elastic

$5.0        14                $70                    Unit Elastic

$6.0        12                $72                    Inelastic

$7.0        10                $70                    Inelastic

$8.0        8                   $64                    Inelastic

$9.0        6                   $54                    Inelastic

The description for each value is as follows:

-2.00: Elastic

-0.20: Inelastic

-0.33: Inelastic

-0.50: Inelastic

-0.71: Inelastic

-1.00: Elastic

-1.40: Elastic

-2.00: Elastic

What defines the elasticity of the demand?

To determine whether the demand is elastic, inelastic, or unit elastic, there is need to look at the absolute value of the slope of the point elasticity.

Price Qty Total Rev Slope Point Elast. Des.

$2.0 20 $40 -2.00 Elastic

$3.0 18 $54 -0.20 Inelastic

$4.0 16 $64 -0.33 Inelastic

$5.0 14 $70 -0.50 Inelastic

$6.0 12 $72 -0.71 Inelastic

$7.0 10 $70 -1.00 Elastic

$8.0 8 $64 -1.40 Elastic

$9.0 6 $54 -2.00 Elastic

Based on the given values, it is seen that when the absolute value of the slope of the point elasticity is less than 1, it indicates inelastic demand. When it is exactly 1, it represents unit elastic demand. And when it is greater than 1, it indicates elastic demand.

Therefore, the description for each value is as follows:

-2.00: Elastic

-0.20: Inelastic

-0.33: Inelastic

-0.50: Inelastic

-0.71: Inelastic

-1.00: Elastic

-1.40: Elastic

-2.00: Elastic

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When we use same chopping board for raw meat and other products the contamination is known as?

Answers

Answer: cross contamintation

Explanation:

For most consumers, term life insurance is considered to be the:
O worst option
O same cost as term
O most expensive
O best value

Answers

For most consumers, the term life insurance is considered to be worst option.

What is a term life insurance?

A sort of death benefit that pays the policyholder's heirs over a predetermined length of time is term life insurance, commonly referred to as pure life insurance. The owner of the term life insurance policy has three options after the term has ended: renewing it for a new term, changing it to permanent protection, or letting the policy lapse. The premium for term life insurance is established by the insurance provider based on the value of the policy (the payout amount), as well as your age, gender, and general health. A medical examination could be necessary in several situations. Your driving history, current medications, whether you smoke, your work, your hobbies, and your family history may all be requested by the insurance provider.

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Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2

Answers

The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1

To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.

Here's how to calculate the marginal product for each worker:

Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.

Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.

Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.

Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.

Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.

Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.

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How have you practiced initiative and results driven skills in your own life

Answers

Answer:

when i see others struggling i reach out and offer help. When i see areas where your life is not going as well as you would like to and i decide to do something about it.

Explanation:

Market research can help you strategize your _______ and _______ goals.

Primary research is more _______ than secondary research.

Your first marketing priority is to find out if you can _______ your product or services.

The grouping of people for marketing purposes is called _______.

Once you find out what people want, there’s a need to know the _______ for their choices.

Answers

Market research can help you strategize your business and marketing goals.

Primary research is more specific and tailored to your specific needs than secondary research.

Your first marketing priority is to find out if you can sell your product or services.

The grouping of people for marketing purposes is called segmentation.

Once you find out what people want, there's a need to know the motivations for their choices.

Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.

By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.

Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.

While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.

When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.

Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.

Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.

By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.

Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.

By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.

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If an agent has, within the scope of the agency relationship, committed both negligent and intentional acts resulting in injury to third parties, the principal: Group of answer choices may effectively limit his or her liability to those third parties if the agent has signed a disclaimer absolving the principal from liability. may be liable for both the negligent and intentional acts. will be liable under the doctrine of respondeat superior only for the intentional acts of the agent. will never be liable unless he or she actively participated in the acts.

Answers

Answer:

may be liable for both the negligent and intentional acts.

Explanation:

In the case when an agent is within the scope of agent relationship that committed both type of acts i.e. negligent and intentional that results the injury to the third party so here the principal may be liable for both the act i.e. negligent and intentional as it is followed by the doctrine of respodeat superior

Therefore the second option is correct

To which school of PsychologycdoesvFritz Heider belong?

Answers

Fritz Heider, a Austrian psychology who work was associated with the Gestalt school, was born on 19 February 1896 and died on 1 January 1988.

What hypothesis did Fritz Heider make?

In the discipline of social psychology, the study of inferences first emerged. The "father" of attribution theory, Fritz Heider, first claimed that individuals are naive researchers who attempt to determine the reasons of their own and other people's outcomes Heider 1958.

What basic concepts underlie Heider's simplistic psychology?

Heider advocated for the idea of "common sense" or "naive" psychology. He held the opinion that people attribute other people's conduct to their own views, which might be influenced by either particular circumstances or ingrained ideas.

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15. Assume that Cane’s customers would buy a maximum of 87,000 units of Alpha and 67,000 units of Beta. Also assume that the company’s raw material available for production is limited to 168,000 pounds. If Cane uses its 168,000 pounds of raw materials, up to how much should it be willing to pay per pound for additional raw materials? (Round your answer to 2 decimal places.)

Answers

Cane's should be willing to pay up to $43,890 per pound of raw material if they decide to produce more Beta.

To produce more units than the given production limits, Cane needs to purchase additional raw materials. The maximum price they should pay per pound for additional raw materials depends on which product they choose to produce more of. For Alpha, the contribution margin per pound of raw material is $2, and for Beta, it is $1.33.

Cane's can use up to 6,000 more pounds of raw material for Alpha, so they can pay up to $12,000 for additional raw material. Beta, they can use up to 33,000 more pounds of raw material, so they can pay up to $43,890 for additional raw material.

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How might a person in an information technology company have a lot of power even if he or she does not hold an executive title

Answers

Answer:

Even if individual doesn't even have an executive role, a person responsible of information technology for a corporation might wield tremendous authority. This is due to the fact that power is not necessarily linked to a position of authority.

Explanation:

A person with leadership qualities can advance to positions of power, allowing them to put their abilities and personality attributes to good use. A person in charge of information technology is also responsible for optimising the company's digital technologies owing to the nature of the role and responsibilities.

In an Information Technology company, an individual can have a lot of power regardless of whether or not they hold an executive position. This is because organizational power is not just linked to hierarchical position.

What are the responsibilities of an IT professional?

An individual who works with Information Technology handles sensitive information about an organization and is responsible for information security and optimization.

Therefore, an IT professional is responsible for managing information in an organization, creating and distributing it across computer networks securely and to the right users.

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What are costs called that are anticipated but may change from month to month. Examples may include entertainment, hobbies or certain educational expenses. a b O c Od medical costs. income costs. fixed costs. variable costs.​

Answers

Answer: Varied (Variable) Costs

Explanation: Varied (Variable) costs are costs that change from month to month, hince the word "Varied" or "Variable" in it's name.


In a progressive tax structure, the higher a taxpayer's
income, the greater percentage he or she must pay in
taxes. This chart shows a sample progressive income tax
CEPTS for a taxpayer with total taxable income of $100,000.
Income According to the chart, what would be the total
tax on taxable income of $65,000?

Answers

Answer:According to the chart, the total tax on taxable income of $65,000 would be $16,250.

Explanation:

Which asset is the most liquid?
A. A certificate of deposit
B. An individual retirement account
C. Commercial real estate
D. Residential real estate

Answers

The asset that is the most liquid is a certificate of deposit. This is further explained below.

What is a certificate of deposit?

Generally, a certificate of deposit is simply defined as depositors who put money in the bank for a certain period of time being given a certificate of deposit.

In conclusion, The  asset that  is the most liquid is  a certificate of deposit

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The common stock of Buildwell Conservation & Construction Inc. (BCCI) has a beta of .9. The Treasury bill rate is 4%, and the market risk premium is estimated at 8%. BCCI’s capital structure is 30% debt, paying an interest rate of 5%, and 70% equity. The debt sells at par. Buildwell pays tax at 40%.
a. What is BCCI’s cost of equity capital? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)
Cost of equity capital %
b. What is its WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
WACC %

Answers

Answer:

Cost of equity is 11.2%

WACC is 8.74%

Explanation:

The formula for cost of equity is given below:

Cost of equity=risk free rate+(Beta *risk premium)

risk free rate is the treasury bill rate of 4%

Beta is 0.9

market risk premium is 8%

cost of equity=4%+(0.9*8%)=11.2%

WACC=Ke*E/V+Kd*D/V*(1-t)

Ke is the cost of equity of 11.2%

Kd is the cost of debt of 5%

t is the tax rate of 40% or 0.4

E is the equity weighting of 70% or 0.7

D is the debt weighting of 30% or 0.3

V is the E+D=0.7+0.3=1

WACC=11.20% *0.7/1+(5%*0.3/1*(1-0.4)

WACC=7.84% +0.90% =8.74%

       

How do you know your Business is ready to partner with a Distributor?

Question 1 options:

You have the Sakes Staff to support it.


All of these Answers are right.


You have a strong Trucking and Delivery infastructure.


You have adequate Inventory Housing.

Answers

Answer:

All of these answers are right, but there are some additional factors that should also be considered when determining if your business is ready to partner with a distributor. Some of these factors include:

Product demand: Distributors are typically interested in partnering with businesses that have a proven track record of strong product demand. If your product is not yet well-established in the market, it may be more difficult to convince a distributor to partner with your business.Marketing and branding: If your business has a strong brand and marketing strategy, this can make it more attractive to potential distributors. Distributors want to partner with businesses that have a clear and compelling value proposition and a strong brand image.Financial stability: Distributors want to partner with businesses that are financially stable and have a strong track record of profitability. This can give them confidence that the partnership will be a mutually beneficial one.Scalability: Distributors want to partner with businesses that have the potential for growth and scalability. If your business has demonstrated that it can scale up production and increase sales, this can make it more attractive to potential distributors.Competitive advantage: Finally, distributors want to partner with businesses that have a competitive advantage in the market. This could be a unique product offering, a proprietary technology, or a strong distribution network. If your business has a strong competitive advantage, this can make it more attractive to potential distributors.

Negotiations often involve three types of issues. For ______________ issues, the parties' preferences are directly opposed. For ______________ issues, the parties have directionally-opposed preferences but value the issues differently. For ______________ issues, the parties have the same preferences.

Answers

Answer:

1. Distributive issues

2. Integrative issues

3. Congruent issues

Explanation:

Typically, for every negotiation process, any of the three kinds of issues are involved, this includes the following distributive, congruent, and integrative issues.

Hence, Negotiations often involve three types of issues. For DISTRIBUTIVE issues, the parties' preferences are directly opposed. For INTEGRATIVE issues, the parties have directionally-opposed preferences but value the issues differently. For CONGRUENT issues, the parties have the same preferences.

For DISTRIBUTIVE issues, the parties' preferences are directly opposed.

For INTEGRATIVE issues, the parties have directionally-opposed preferences but value the issues differently.

For CONGRUENT issues, the parties have the same preferences.

What is a Negotiation?

A Negotiation refers to method through which parties settle their differences and in reaching an agreement.

Generally, for every negotiation process, any of the three kinds of issues are involved, this includes the following distributive, congruent, and integrative issues.

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Free Cash Flow

100

Growth rate

2%

Tax Rate

1%

Cost of Capital

5%

Debt-to-total value

50%

Given the data in the above, what is the terminal value of the business (using the growing perpetuity formula)?

Answers

Answer:

Explanation:

Terminal value of business Formula = FCF (1+g)/(WACC- g)

Where:

FCF= current free cash flow = 100  

g= Growth rate = 2%  

WACC = Weighted average cost of capital = Cost of capital = 5%

Terminal Value of the business= FCF (1+g)/(WACC- g)

Terminal Value of the business= 100 (1+2%)/(5%- 2%)

Terminal Value of the business= 3,400

Ethics Student Activity Packet
3 What's Your Ethics 10?
As the above resource mentioned, "there is no ready-made way to deal with ethical challenges." Take this short, 5-question quiz and choose the answer that you think is the MOST ETHIC. Al, At the end, read the results and then answer the questions.

1. Were there any situations in which you feel strongly that the "right" answer is debatable? Which one? Explain your reasoning.
2. Do you think The Ethics Guy, creator of this quiz, or any one person, should get to decide what is or isn't ethical? Why or why not?

Ethics Student Activity Packet3 What's Your Ethics 10?As the above resource mentioned, "there is no ready-made

Answers

A situations  where i do feel strongly that the "right" answer is debatable was Animal right. Some say we have no right to kill animals, others said they have been made for food for man. I believe there are two sides to this.

I do not think The Ethics Guy, creator of this quiz, or any one person, should get to decide what is or isn't ethical because humans are limited and by pooling resources from different people, one can be able to know more but not to choose sides. Because some things that may be ethical to you may not be to other people.

What are things that are debatable?

When anything is referred to as disputed, it is implied that it is uncertain. Whether the stockholders were ever fairly rewarded is up for debate.

Hence,  The Most Controversial Topics are:

Gun Control.Abortion.Religious Freedom.Animal Rights.Vaccines.

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application of the principle of comparative advantage leads to

Answers

Answer:

proper allocation of time and resources.

Explanation:

Fair and successful trade.

explain the changing nature of public administration​

Answers

The nature of public administration has undergone significant changes over the years. Traditional public administration was characterized by hierarchical structures.

However, with the increasing complexity of modern society, new challenges have emerged that require a more flexible and responsive approach to public administration.

One of the key changes in public administration has been the shift towards more participatory and collaborative approaches. This has been driven by a growing recognition of the importance of engaging citizens and stakeholders in decision-making processes, and the need to build trust and legitimacy in government institutions.

Another important change has been the adoption of technology in public administration. From e-government initiatives to data-driven decision-making, technology has transformed the way that government organizations operate and interact with citizens.

At the same time, there has been a growing emphasis on performance management and accountability in public administration. This has involved the development of performance metrics, the use of benchmarking and evaluation, and a focus on outcomes rather than inputs.

Overall, the changing nature of public administration reflects the broader shifts in society towards greater complexity, interdependence, and accountability. While there are still many challenges to be addressed, the evolution of public administration offers hope for more effective and responsive governance in the years to come.

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Simple random sampling uses a sample of size from a population of size to obtain data that can be used to make inferences about the characteristics of a population. Suppose that, from a population of bank accounts, we want to take a random sample of five accounts in order to learn about the population. How many different random samples of five accounts are possible?

Answers

Suppose that, one wants to take a random sample of five accounts in order to learn about the population, the different random samples of five accounts that are possible include the following:

Assets.Liabilities.Expenses.Income (Revenue)Equity

What is a random sample?

A simple random sample is a subcategory of available alternatives or individuals or objects selected from a larger category in which a subcategory of objects or individuals are selected at random, all with the same probability. It is a means of selecting a sample in a random manner.

Therefore, the correct answers are as given above

learn more about types of account: https://brainly.com/question/13482336

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What criteria do accountants use to decide whether to use present or future values in accounting statements?

Answers

Answer:

Present value is nothing but how much future sum of money worth today. It is one of the important concepts in finance and it is a basis for stock pricing, bond pricing, financial modeling, banking, and insurance, etc. Present value provides us with an estimated amount to be spent today to have an investment worth a certain amount of money at a specific point in the future. Present value is also called a discounted value. It is an indicator for investors that whatever money he will receive today can earn a return in the future. With the help of present value, method investors calculate the present value of a firm’s expected cash flow to decide if a stock is worth to invest today or not.

The formula for calculating PV is shown below

PV = CF/ (1+r)n

Here ‘CF’ is future cash flow, ‘r’ is a discounted rate of return and ‘n’ is the number of periods or year.

Example

Let’s say that you have been promised by someone that he will give you 10,000.00 Rs 5 year from today and interest rate is 8% so no we want to know what the present value of 10,000.00 Rs which you will receive in future so,

PV = 10,000/ (1+0.08)5

PV = 6805.83 (To the nearest Decimal)

So present-day value of Rs 10,000.00 is Rs 6805.83

Explanation:

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