What are the different types of budgets? How are budgets useful
for motivation? How does the basis of accounting affect what is in
the budget?
Answers
The different types of budgets are
Operating Budget: This budget focuses on the day-to-day operations of a business, including sales, production, and operating expensesCapital Budget: This budget is used for planning and tracking long-term investmentsCash Budget: This budget forecasts the cash inflows and outflows of a business to ensure proper cash management and liquidity.Master budget: The organization's master budget is an overall budget that integrates several separate budgets to offer a detailed financial strategy.Flexible Budget: This budget adjusts based on changes in the level of activityBudgets can be useful for motivation in several ways:
Goal setting: Budgets establish specific financial targets, which provide clear goals for individuals or departments to strive towards.Incentives: Budgets often include performance-based incentives or bonuses tied to meeting or surpassing budgeted targets. This can provide additional motivation for individuals or teams to achieve their financial objectives.The basis of accounting used can affect what is included in the budget. The two common bases of accounting are cash basis and accrual basis:
Cash Basis: Under cash basis accounting, transactions are recorded when cash is received or paid. This means that revenues and expenses are recognized when cash is actually received or paid, respectively.
Accrual Basis: Accrual basis accounting recognizes revenues and expenses when they are earned or incurred, regardless of when cash is received or paid.
For more information on Budgets,
https://brainly.com/question/32554803
#SPJ4
Related Questions
Describe how a formal report is different from an informal report?
Answers
Answer:
Though the report may be several sections long, it is typically much shorter than a formal report. No contents page is included. Informal reports can even be formatted like a memo.
Explanation:
Answer: Informal reports are usually short, one to three pages, with no need for prefatory parts,are informational, include no or limited research,luse a direct approach an personal language. The formal report, however, is worded more objectively, focusing on the problem and the solution.
Explanation:
Jonken co is a private company based in Kitwe. The company is considering investing into a project that will be producing belts to be sold to the mining companies. This will involve the company buying a new piece of equipment, the capital costs of which will be K400 000; there will also be an extra K50 000 of installation costs which can be expensed straight away. This piece of equipment will replace an old machine which has a book value of K50 000 and one year to go before it will have been depreciated to zero. The new equipment will be depreciated straight line to zero over five years with no salvage value at the end of its life. If the project is undertaken, the old equipment will be sold for K90 000.
Jonken uses straight line method of depreciation to depreciate its Non-Current Assets and claims tax allowances at 25% per year reducing balance.
The belts are expected to cost the company K16 each to take to the market and will be sold for K24 each. It is estimated that the cost per belt will be increasing by 5% compounded each year and selling price by 6% compounded each year.
The company expects to sell 90 000 units in the first year,rising to 120 000 in year 2, and 80 000 in year 3, before rising back to 120 000 for each of years 4 and 5.
At the beginning of the project, it is expected that there will be K40 000 of inventory required. At the same time accounts receivables will be K50 000 and accounts payable of K25 000. The net working capital will be maintained at 3% of total sales revenue per year until the end of the project.
To sell the projected units, the company will need to advertise and the advertising costs are estimated at K40,000 in the first year and followed by K45,000 per year thereafter.
The company faces a tax rate of 30%.Tax is paid one year in arrears. The cost of capital is expected to remain at 11%.
Required:
a. Calculate the initial investment outlay of the project b. Calculate the terminal cash flow for the project. c.Lay out the relevant cash flows for the project d. Calculate Net Present Value (NPV) for the project and advise on its acceptability
Answers
If the NPV is positive, the project is considered acceptable.
To calculate the initial investment outlay, we need to consider the costs involved in the project.
a. Initial Investment Outlay:
Capital cost of new equipment: K400,000
Installation costs: K50,000
Net working capital: (Inventory + Accounts Receivable - Accounts Payable)
Inventory: K40,000
Accounts Receivable: K50,000
Accounts Payable: K25,000
Net working capital = (K40,000 + K50,000 - K25,000) = K65,000
Total Initial Investment Outlay:
K400,000 + K50,000 + K65,000 = K515,000
b. Terminal Cash Flow:
The terminal cash flow occurs at the end of the project and includes the salvage value of the new equipment and the release of the net working capital.
Sale of old equipment: K90,000
Release of net working capital: K65,000
Total Terminal Cash Flow:
K90,000 + K65,000 = K155,000
c. Cash Flows:
Year 0:
Initial Investment Outlay: -K515,000
Year 1 to Year 5:
Cash inflows from sales revenue:
Year 1: 90,000 units × K24 = K2,160,000
Year 2: 120,000 units × K24 = K2,880,000
Year 3: 80,000 units × K24 = K1,920,000
Year 4: 120,000 units × K24 = K2,880,000
Year 5: 120,000 units × K24 = K2,880,000
Cash outflows:
Depreciation expense: K400,000 / 5 = K80,000 per year
Tax shield (tax allowance): 25% × K80,000 = K20,000 per year
Advertising costs: K40,000 in Year 1, K45,000 per year from Year 2 to Year 5
d. Net Present Value (NPV):
To calculate the NPV, we discount the cash flows using the cost of capital (11%). The NPV is the sum of the present values of the cash flows.
Based on the cash flows provided, you can calculate the NPV using a financial calculator or a spreadsheet software. If the NPV is positive, the project is considered acceptable.
To learn more about NPV, visit:
https://brainly.com/question/32669967
#SPJ11
"What type of information systems does middle management use to support decision making?
Choices:
A. Decision support systems
B. Executive support systems
C. Transaction processing systems"
Answers
Middle management typically uses decision support systems (DSS) to support their decision-making processes.
So, the correct answer is A.
What's DSS?DSS are computer-based systems that provide data analysis and modeling tools to help managers make informed decisions.
These systems use a combination of internal and external data sources to generate reports, charts, and graphs that can be used to identify trends, patterns, and anomalies.
By leveraging advanced analytics and visualization tools, DSS enable managers to explore various scenarios and assess the impact of different options on their business objectives.
Compared to transaction processing systems (TPS) and executive support systems (ESS), DSS are more flexible and customizable, allowing managers to tailor their decision-making processes to their specific needs and preferences.
Learn more about DSS at
https://brainly.com/question/27961278
#SPJ11
E. In cell L16, enter a formula using the AVERAGEIF function that averages the budget amounts for Action movie projects
Answers
The purpose of an AVERAGEIF function is to help one find the average of numbers that meet a certain criteria within a dataset.
What does an AVERAGEIF function do?The full question is not provided so the best I can do is to provide a general overview.
An averageif function is available in spreadsheets and is used to find the average of numbers in a range of data that meet a certain criteria.
For instance, if you want to average the budget amounts for Action movie projects, a relevant formula would be:
= AVERAGEIF(Projects, "Action movie", Projects[Budgets])
Find out more on the Averagif function at https://brainly.com/question/19595618.
#SPJ1
PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.
Answers
Answer:
The amount you pay each month is set by the terms of your mortgage.
Explanation:
connexus
12. Before Tax Cash Flow in year 1=$45,000; Depreciation in year 1=$10,000; Annual Loan Payment =$6,500 (based on a 10 -year, $45,646 loan at 7% per year); Tax Rate =34%. The ATCF in year 1 is closest to … (a) $27,687 b) $17,687 c) $24,492 d) $14,492 e) $20,992 ก) $6,542
Answers
The ATCF (After Tax Cash Flow) in year 1 is closest to option a) $27,687.
Given, Before Tax Cash Flow in year 1 = $45,000
Depreciation in year 1 = $10,000
Annual Loan Payment = $6,500 (based on a 10 -year, $45,646 loan at 7% per year)
Tax Rate = 34%
Formula used for calculating ATCF: ATCF = BTCF - Tax - Loan Payment
Where, BTCF = Before Tax Cash Flow
Tax = Tax on Depreciation + Tax on (BTCF - Depreciation - Loan Payment)
Loan Payment = Annual Loan Payment
Tax on Depreciation = Depreciation x Tax Rate
= $10,000 x 34%
= $3,400
Tax on (BTCF - Depreciation - Loan Payment)
= (BTCF - Depreciation - Loan Payment) x Tax Rate
= ($45,000 - $10,000 - $6,500) x 34%
= $9,940
ATCF = BTCF - Tax - Loan Payment
= $45,000 - ($3,400 + $9,940) - $6,500
= $45,000 - $13,340
= $31,660
Therefore, the ATCF in year 1 is closest to $31,660, which is the answer closest to option (a) $27,687.
To know more about the Cash Flow, visit:
https://brainly.com/question/2782344
#SPJ11
economists measure the true cost of a good or service by its
Answers
Explanation:
value or something like that I'm unsure
Expanding trend of security incidents, like website defacement, leakage of data, hacking of servers, data being stolen by disgruntled employees has been noticed. In the present world, information is developed, saved, processed and transported so that it can be utilized in the world of IT in an ethical manner. In administrations and industries, there isn't an individual present who can deny the requirement of sufficiently safeguarding their IT domain. Additionally, information gained from other stages of business procedures is required to be sufficiently safeguarded as well. This is the reason why information security has a critical role to play in the protection of data and assets of a company. IT security events like information manipulation or disclosure can have a wide range of adverse effects on the business. Additionally, it can restrict the business from operating properly and as a consequence, operational expenses can be quite high. Also, various small and medium sized organizations believe that firewalls, anti-viruses and anti-spam software can adequately save them from information security events. These organisations have an understanding of the requirement of data security, however, they don't give it the required amount of necessary attention/importance. Cybercrime is increasing gradually and thus, it is quite critical that the entrepreneurs of these industries are well-aware of the security embezzlements that might have to be dealt with on a regular basis. Prepare a 3-page write-up based on your understanding of the above. The majority of your write-up will encompass the following: Advantages and disadvantages of having an Information Security Management System. What should be the key focus areas in terms of the trending cyber threats which could impact the organization. Discuss the data & information security trends currently taking place around the world and are they inter-related-use your own assumptions. A key component of the management of information security is the requirement of physically protecting the organization's assets - discuss some of the trending physical security measures and policies which could be applied to this situation. [10 marks]
Answers
In today's digital world, the expansion of security incidents and the increasing prevalence of cyber threats have raised concerns about the protection of data and assets in the IT domain.
Information security plays a critical role in safeguarding company information and ensuring the smooth operation of business processes. This write-up aims to discuss the advantages and disadvantages of an Information Security Management System (ISMS), key focus areas for addressing cyber threats, current data and information security trends, and trending physical security measures for protecting organizational assets. Advantages of an Information Security Management System: Risk Mitigation: Implementing an ISMS enables organizations to identify and assess potential risks to their information assets. It allows for the development of appropriate controls and measures to mitigate these risks, reducing the likelihood of security incidents. Regulatory Compliance: An ISMS helps organizations comply with various industry-specific regulations and data protection laws.
learn more about:- data protection laws here
https://brainly.com/question/32826545
#SPJ11
1. Fattal company sells an old piece of equipment for $1.000 cash. At the points same moment. it buys a new truck for $25.000. It paid also $2000 as dividends to its shareholders. The cash flow from investing activities for this company is:
A. $-22.000
B. $-20,000
C. $-24,000
D. $-180,000
E. None of the above
Answers
The cash flow from investing activities for this company is B. $-20,000.
The cash flow from investing activities includes the cash inflow from the sale of the old equipment and the cash outflow from the purchase of the new truck.
Cash inflow = $1,000
Cash outflow = $25,000
Net cash flow from investing activities = cash inflow - cash outflow
Net cash flow from investing activities = $1,000 - $25,000
Net cash flow from investing activities = -$24,000
However, we also need to consider the dividends paid to shareholders. Dividends are classified as cash flows from financing activities, not investing activities. Therefore, we need to subtract the dividends paid from the net cash flow from investing activities.
Net cash flow from investing activities - dividends paid = -$24,000 - $2,000
Net cash flow from investing activities - dividends paid = -$26,000
Learn more about cash flow here:
https://brainly.com/question/29768594
#SPJ11
Which statement best describes the lesson we can learn from Lupe's experience?
It’s too much work to open a checking account.
It’s only important to track large amounts in personal records.
It’s important to keep accurate records.
It’s best to use only one document to track spending.
Answers
Answer: it’s important to keep accurate records
Explanation:
Just did it
Considering the story of Lupe, the best statement that describes the lesson we can learn from Lupe's experience is "It’s important to keep accurate records."
The story of Lupe revealed that when people from authority tend to assess and crosscheck the accounting records when performing the auditing process.
This process is to check the actual proof of the transaction and look for any inaccuracies.
Any inaccuracies found could be used as a basis to indict people for financial fraud, regardless it is an honest mistake or not.
Hence, in this case, it is concluded that the correct answer is option C. "It’s important to keep accurate records.
Learn more about auditing here: https://brainly.com/question/25388600
The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
Answers
The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.
What is a fixed-rate mortgage?It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.
C - Monthly payments for 30 years.
D - The interest rate is 4.8 % annually
E - borrowing $200,000.
Therefore, options C, D, and E explain the fixed-rate mortgage.
Learn more about fixed-rate mortgages here:
https://brainly.com/question/2726838
consider the product life cycle (plc). select one product for each stage of the plc and describe why you believe it to be in that particular stage. you may either give a generic product (car) or a brand (ford).
Answers
The 2023 Ford Maveric is considered to the in the introductory stages of the product cycle. This is because has just been launched into the market.
What are the stages of the product cycle?Introduction: This is the initial stage of a product's life cycle. The first step after developing a product is introducing it to the market. The product is introduced to the market for the first time at this stage.
Growth: Consumers begin to take action during the growth stage. They buy the product, and it becomes popular, resulting in increased sales. Other businesses are taking note of the offering as it gains traction and income.
Maturity
Sales slow down at the maturity stage, suggesting that the market has begun to reach saturation. This is also the point in the product life cycle when price becomes competitive.
Decline
While corporations make every effort during the many stages of a product's life cycle to keep it alive in the market, an eventual decline cannot be ruled out. This is why it is critical to understand the product life cycle at the outset.
Learn more about the production cycle:
https://brainly.com/question/13994503
#SPJ1
What. Can a cover letter explain that a resume cannot
Answers
Cover letters can also grant perception and clarification into touchy records that your resume cannot, such as lapses in employment, career changes and layoffs. Just hold an upbeat tone and stay fine in your explanation.
How does a cover letter range from a resume?Resumes are like a formal record that summarizes your skills, work trip and qualifications in sections. Cover letters are a documented letter structured in paragraphs which explains in detail why you're the high-quality healthy for the job and company.
You have to always opt for sending a cover letter and resume as separate documents; however, be flexible enough to do something the situation requires. Check the employer's directions and attempt to follow them to the letter.
Learn more about cover letter here:
https://brainly.com/question/3602860#SPJ1On May 1, Doormart received an order from a customer. The goods were shipped FOB shipping point on May 3. The customer received the goods on May 5 and paid for the merchandise on June 1. When should Doormart record the sale
Answers
Based on the information given Doormart should record the sale on May 3.
Free on Board Shipping PointDoormart should record the sales on the day in which the goods were shipped FOB shipping point.
Based on the information given the day in which the goods were shipped FOB shipping point was May 3.
Reason being that buyers tends to take the delivery of the goods, once the goods has be shipped by the seller or once the goods has leave the seller shipping point.
Inconclusion Doormart should record the sale on May 3.
Learn more about Free on Board Shipping Point here:https://brainly.com/question/4423382
A company has $10,710 available per month for advertising. Newspaper ads cost $180 each and can't run more than 22 times per month. Radio ads cost $560 each and can't run more than 31 times per month at this price
Answers
Answer:
22 radio advertisements will be used.
Explanation:
Note: A similar complete question is as follow as the question provided is incomplete "A company has $11,970 available per month for advertising. Newspaper ads cost $110 each and can't run more than 25 times per month. Radio ads cost $410 each and can't run more than 32 times per month at this price. Each newspaper ad reaches 5950 potential customers, and each radio ad reaches 7100 potential customers. The company wants to maximize the number of ad exposures to potential customers. Use n n for number of Newspaper advertisements and r r for number of Radio advertisements . Maximize P"
Number of potential customers that can be reached due to each dollar spent in newspaper advertising = 5950 / 110 = 54.09
Number of potential customers that can be reached due to each dollar spent in Radio advertisements = 7100 / 410 = 17.32.
As the number of potential customers reached by each dollar spent is more from the newspaper advertising, we will use all the newspaper advertising opportunities before going for the radio advertisements. So, we will choose to have 25 newspaper advertisements in the month.
The cost of 25 newspaper advertisements = 25*110 = $2750.
Amount left = $11970 - $2750 = $9220.
Number of radio advertisements possible in this budget = 9220 / 410 = 22.48
Hence, 22 radio advertisements will be used.
according to sox, at least one member of the audit committee should be a financial expert. T/F
Answers
True. The Sarbanes-Oxley Act (SOX) requires that at least one member of the audit committee of a public company be a financial expert.
This is intended to ensure that the audit committee has the necessary financial knowledge and expertise to oversee the financial reporting process and to provide effective oversight of the external auditors. A financial expert is defined as a person who has the following attributes:
An understanding of generally accepted accounting principles (GAAP) and financial statements
Experience in the preparation or auditing of financial statements
An understanding of internal control over financial reporting
An understanding of audit committee functions
By requiring at least one financial expert on the audit committee, SOX aims to improve the quality of financial reporting and increase investor confidence in the integrity of financial information.
To know more about audit here
https://brainly.com/question/7890421
#SPJ4
Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB
Answers
Answer: It is B. AlA
Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.
All of the following situations could lead to a natural monopoly EXCEPT: a. There are high start-up costs b. There are unique technologies needed c. The product is relatively easy to make
Answers
A natural monopoly occurs when a single firm can serve the entire market at a lower cost than two or more competing firms. This is typically due to economies of scale or network effects. The Correct option is c
In the given options, a and b both contribute to the possibility of a natural monopoly. High start-up costs can create barriers to entry, making it difficult for new firms to enter the market and compete effectively. Unique technologies needed can also create barriers to entry, as only the firm possessing those technologies can provide the product or service.
On the other hand, if the product is relatively easy to make, it is more likely to allow multiple firms to enter and compete, making a natural monopoly less likely.
learn more about monopoly occurs
https://brainly.com/question/27550389
#SPJ4
Hem and Nem are partners in a firm sharing profits in the ratio of 3:2. Their capitals were 80,000 and 60,000 respectively. They admitted Sam on Jan 1, 2019 as a new partner for 1/5th share in the future profits. Sam brought 60,000 as his capital.Calculate the value of goodwill of the firm and record necessary journal entries when Sam brings his share of goodwill in cash.
Answers
Answer:
Sam's capital account = $60,000 (for 1/5 of the firm)
the firm's total value = $60,000 x 5 = $300,000
goodwill = $300,000 - ($60,000 + $80,000 + $60,000) = $100,000
Hem's share of goodwill = ($80,000 / $140,000) x $100,000 = $57,143
Nem's share of goodwill = $100,000 - $57,143 = $42,857
the journal entry used to record goodwill:
Dr Goodwill 100,000
Cr Hem, capital, 57,143
Cr Nem, capital, 42,857
Maximum capacity refers to the upper limit of: ered Select one: a. demand b. inventories c. supplies d. finances e. rate of output.
Answers
The correct answer is option (e) which is the Maximum capacity refers to the upper limit of the rate of output.
How to define maximum capacity?
Maximum capacity is the highest amount of production, that an organization can achieve in a given period with the current resources. This amount determines the upper limit of its rate of output.
The maximum capacity of a firm may vary based on several factors including the following:
Resources used in production.Number of hours of operation per day.The number of working days per week.The number of working weeks per year.The size of the workforce.In summary, the maximum capacity of a firm is essential since it determines how much production a firm can produce, and the firm must not exceed this capacity limit.
Exceeding the maximum capacity limit could lead to overburdening machines and workers, which could result in poor quality products.
Therefore, the correct option is (e).
To learn more about the maximum capacity from the given link.
https://brainly.com/question/14645317
#SPJ11
Your mutual fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?
Answers
Answer:
$197,263.7
Explanation:
The current value can be found by use of the compound interest formula. Since the asset has been losing value at 6 % per year,
the interest rate will be -6%
The formula for compound interest is FV = PV × (1+r)^n
in this case
FV= current value
PV= $237,500
r= -6% or -0.06%
n= 3 years
Fv= $237, 500 x ( 1 + (-0.06)^3
Fv=$237,500 x (0.94)^3
Fv= $237,500 x 0.830584
Fv= $197,263.7
The current value =$197,263.7
3
what is not example of an Internal Stakeholder?
-
O
Owner
Customers
Manager
Employees
None of the Above
Answers
Answer:Imagine you’re Charlie in Willy Wonka and the Chocolate Factory.
This whole business is all yours! Run around it, eat all the free snacks, enjoy all of the delicious, owning-your-own-business feelings. And then get into work the next day and realize…
Who actually does all of the stuff here? Who’s actually running this place?
Well you, of course. But not just you. Many people have personal and financial interests in your business, and those people are called stakeholders.
What types of stakeholders do you need in business? In this post you get to learn:
The 10 types of stakeholders you meet in business
Stakeholder vs. shareholder – have you been referencing the wrong one?
What types of stakeholders are there?
No, that’s not a typo. Each of the types of stakeholders in a business are categorized in 3 ways:
Internal or external
Primary or secondary
Direct or indirect
Internal stakeholders are, as the name suggests, stakeholders that exist inside a business. These are stakeholders who are directly affected by a project, such as employees.
External stakeholders are those who have an interest in the success of a business but do not have a direct affiliation with the projects at an organization. A supplier is an example of an external stakeholder.
Explanation:
QUESTION 1 of 10: Large-cap stocks have a market capitalization of:
0 0 0 0
a) Between 300 million and 2 billion
b) Between 10 billion to 200 billion
c) Between 200 billion and 500 billion
d) Between 500 billion and 900 billion
Answers
In addition to the global war for talent, there are considerable strategic competitive challenges for firms. Which of the following is one such challenge?
a)relocating operations around the world
b)ethnocentric staffing approach
c)parent-country national
d)Parent-country nationals
Answers
The global war for talent refers to a worldwide competition for the best and brightest individuals in all fields. In addition to this challenge, companies face other strategic competitive challenges as well. One of these challenges is the issue of relocating operations around the world.
Relocating operations around the world poses a considerable challenge for companies. This is because it can be difficult to find suitable locations that offer the necessary resources and infrastructure to support the company's operations.
Moreover, companies must also consider the costs associated with relocating, which can be substantial, particularly if they are relocating to a new country or region. This challenge is further compounded by the fact that companies must also navigate a complex web of regulations and laws that govern international business operations.
These regulations and laws can vary significantly from one country to the next, making it difficult for companies to ensure compliance. Another strategic competitive challenge faced by firms is that of attracting and retaining talented individuals from different regions and cultures.
This challenge is particularly acute for firms that operate in countries that are culturally diverse, as they must be able to work effectively with individuals from different backgrounds and cultures.
To address this challenge, firms must be willing to invest in training and development programs that help employees develop the skills and knowledge needed to work effectively in a global business environment.
Additionally, firms must also be willing to provide employees with opportunities for career advancement, as well as a supportive and inclusive work environment that values diversity and encourages collaboration.Finally, firms also face the challenge of managing parent-country nationals (PCNs) who work in foreign subsidiaries.
This challenge arises because PCNs may not be familiar with the local culture and business practices, and may therefore struggle to work effectively in a foreign environment.
To address this challenge, firms must be willing to invest in training and development programs that help PCNs develop the skills and knowledge needed to work effectively in a foreign environment.
Additionally, firms must also be willing to provide PCNs with opportunities for career advancement and support, as well as a supportive work environment that values diversity and encourages collaboration.
To know more about global war here
https://brainly.com/question/4508946
#SPJ11
Type the correct answer in the box. Spell all words correctly.
Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in this phase?
In the initiation phase, Samantha's team needs to clarify the project's _____
and justify it.
Answers
Answer:
Explanation:
Initiation phase is the first phase of a project management where the project is evaluated to know the purposes it has to be done , how it will be done and the resources needed to execute it.
At this stage , Samantha's team has to clarify and justify the project's purposes and feasibility in order to know why it has to be done and also how it will be completed and its purpose achieved.
of baldwin corporation’s products, which earned the highest net margin as a percentage of its sales?
Answers
The product with the highest net margin as a percentage of its sales would earn the highest net margin.
Based on the information provided, we need to determine which of Baldwin Corporation's products earned the highest net margin as a percentage of its sales. To calculate the net margin, we need to subtract the cost of goods sold (COGS) from the sales and then divide the result by the sales. The product with the highest net margin will have the highest percentage.
Let's assume that Baldwin Corporation has three products: A, B, and C. We will calculate the net margin for each product using the given formula.
For product A:
Net Margin = (Sales - COGS) / Sales
For product B:
Net Margin = (Sales - COGS) / Sales
For product C:
Net Margin = (Sales - COGS) / Sales
By comparing the net margins of products A, B, and C, we can determine which product has the highest percentage.
Learn more about sales from the given link:
https://brainly.com/question/29436143
#SPJ11
Baldwin Corporation is a company that sells multiple products. To determine which product earned the highest net margin as a percentage of its sales, we need to calculate the net margin for each product and compare the results.
The net margin is calculated by subtracting the cost of goods sold (COGS) and operating expenses from the total sales revenue, and then dividing the result by the total sales revenue. The formula for net margin is:
Net Margin = (Total Sales Revenue - COGS - Operating Expenses) / Total Sales Revenue
To find the product with the highest net margin, we will calculate the net margin for each product and compare the results. The product with the highest net margin will have the highest percentage of profit compared to its sales.
Let's assume Baldwin Corporation sells three products: Product A, Product B, and Product C. We'll calculate the net margin for each product based on the given information.
Product A:
Total Sales Revenue: $100,000
COGS: $60,000
Operating Expenses: $20,000
Net Margin = ($100,000 - $60,000 - $20,000) / $100,000
Net Margin = $20,000 / $100,000
Net Margin = 0.2 or 20%
Product B:
Total Sales Revenue: $150,000
COGS: $75,000
Operating Expenses: $30,000
Net Margin = ($150,000 - $75,000 - $30,000) / $150,000
Net Margin = $45,000 / $150,000
Net Margin = 0.3 or 30%
Product C:
Total Sales Revenue: $120,000
COGS: $80,000
Operating Expenses: $25,000
Net Margin = ($120,000 - $80,000 - $25,000) / $120,000
Net Margin = $15,000 / $120,000
Net Margin = 0.125 or 12.5%
Based on the calculations, Product B has the highest net margin of 30%, which means it earned the highest profit as a percentage of its sales among Baldwin Corporation's products.
In conclusion, Product B earned the highest net margin as a percentage of its sales, with a net margin of 30%.
Note: The actual values and products used in the calculation are fictional and are provided for the purpose of explanation. The actual net margin for Baldwin Corporation's products would require specific financial data for accurate calculation.
To know more about Baldwin Corporation visit:
https://brainly.com/question/29753080
#SPJ11
if walmart needed to raise funds for future growth strategies, would it be more prudent to take out new debt, or issue new stock based on your analysis of the balance sheet?
Answers
If Walmart needed to raise funds for future growth strategies, it would be more prudent to issue new stock based on an analysis of the balance sheet.
A balance sheet is a financial statement that shows a company's financial position at a specific point in time. It includes a company's assets, liabilities, and equity. The balance sheet helps the company and its investors understand its financial position and make decisions about its future.
Walmart's balance sheet shows that it has a significant amount of debt. Taking on more debt could make it more difficult for the company to pay off its existing debt and interest payments in the future. Additionally, taking on more debt could hurt the company's credit rating, making it more difficult to obtain additional financing in the future.
On the other hand, issuing new stock would provide the company with additional funds without increasing its debt. It would dilute the ownership stake of current shareholders, but it would not increase the company's liabilities or interest payments.
Walmart has historically issued new stock to raise funds for future growth strategies, and it has been successful in doing so. Therefore, based on an analysis of Walmart's balance sheet, issuing new stock would be more prudent than taking out new debt to raise funds for future growth strategies.
To know more about balance sheet refer here
https://brainly.com/question/30158228#
#SPJ11
describe the color white to a blind person
Answers
Madison purchased a desk for her home office for $587.33. Using the store's installment plan, she made a $147.00 down payment. What amount did she finance?
Answers
$587.33−$147=$440.33 The amount financed is the sum of the down payment and the cash price.
Why is there a down payment needed?With a down payment, a buyer can take possession of the house or car and reduce their monthly mortgage main and interest payments. A lower interest rate can be obtained by the buyer by making a larger down payment. A down payment is a one-time, upfront sum paid for pricey goods or services, such as a car or a home. It is frequently paid in cash or anything of value at the time the transaction is finished. After that, a loan of some form must be used to finance the remaining portion of the payment.
To know more about down payment visit:
https://brainly.com/question/29397199
#SPJ1
6. salisbury savories is a general partnership that sells confectionaries. salisbury has ten partners. jack and ann each have a 25 percent interest in the partnership. all the other members have a 10 percent interest. to pass a management decision a. a majority of the partners must agree to the decision. b. both jack and ann must agree to the decision. c. jack and ann must agree to the decision. d. 30 percent of the partners must agree to the decision.
Answers
To pass a management decision in Salisbury Savories, a majority of the partners must agree to the decision. This means that more than half of the partners, which would be six out of the ten, must agree to the decision in order for it to be made. The fact that Jack and Ann each have a 25 percent interest in the partnership does not give them any additional voting power. They have the same voting rights as the other partners who have a 10 percent interest. So, option A is the correct answer to this question.
learn more about Salisbury Savories
https://brainly.in/question/4077710?referrer=searchResults
#SPJ11