Answer:
E) Relational and identity issues are rarely important in negotiations.
Explanation:
Negotiations between conflicting parties involve people, and whenever people are involved, the possibility of personal issues getting involved always exist. Sometimes a good relationship between the negotiating parties can help to solve the problem more swiftly, but bad relationships can result in exactly the opposite.
why do you think the government should regulate advertising
Answer:
Advertising control prevents businesses from presenting false information, placing billboards in illegal locations and other prohibited actions. If a business does not follow the advertising regulations set by the government, it could face a civil suit.
Simple interest is paid oniy on the
Answer:
Principal amount only
Explanation:
Simple interest is calculated based on the principal amount borrowed or the principal deposit. If the principal amount does not change, the simple interest earned will remain a constant figure through the loan or deposit life. Simple interest does not increase or decrease the principal amount.
Simple interest contrast with compound interest that adds interest earned to the principal amount at the end of a season.
Why is it important to stick to a study schedule even if you are caught up with everything? a It guarantees higher grades on your exams. b It helps to create good study habits. c It is time set aside so you can take a break from watching television. d It gives you more time to play your favorite game without interruption.
Answer:
Explanation:
B - It helps to create good study habits.
A consumer is likely to have a broad search including more brands during an external information search when:
Answer:
There is a direct relationship between perceived risk and external research. The higher the perceived risk, the more external research a consumer will carry out. Perceived risk is not simply fearing that you will make a bad purchase, but it also refers to the costs and benefits associated with the purchase.
The higher the benefits that a consumer can obtain from a purchase, the higher the risk of not getting enough benefits if they make a bad choice. E.g. if you have a lot of good choices available, then you will want to do some more research to choose the best one.
Generally consumers include more brands in their search when they are physically in stores. As consumers we generally consider a very limited number of brands when we shop online, but when we are in a store, we tend to broaden our search and include al the brands that we find.
Q.1. Which of the following transactions and events would result in a deterioration in Price to earnings ratio?
A.issuing shares for cash
B. acquiring cash proceeds from a 10-year reducing balance loan
C. purchasing inventory on credit
D. A and B only
E. A and C only
F. B and C only
G. All of the above
H. None of the above
Q.2. which of the following transactions and events would result in a deterioration in Days Purchases Outstanding?
A. the receipt of cash for dividends from other entities
B. acquiring cash proceeds from a 10-year reducing balance loan
C. the purchase of machinery financed entirely by a reducing-balance bank loan
D. A and B only
E. A and C only
F. B and C only
G. All of the above
H. None of the above
Q.3. which of the following transactions and events would result in an improvement in Interest Coverage Ratio?
A. purchasing inventory for cash
B. a payment to a supplier for amounts owing on inventory previously purchased on credit
C.receiving cash for interest revenue previously accrued
D. A and B only
E. A and C only
F. B and C only
G. All of the above
None of the above
Q.4. which of the following transactions and events would result in a deterioration in Gross Profit Margin ?
A. payment to acquire shares in another business as a long-term investment
B. the payment of a dividend to the entity’s shareholders
C. an adjustment for accrued interest on a loan at the end of the period
D. A and B only
E. A and C only
F. B and C only
G. All of the above
H. None of the above
Q.5. which of the following transactions and events would result in an improvement in Quick Ratio?
A. making a payment of principal and annual interest on a reducing balance loan
B. issuing shares for cash
C. an adjustment for wages owing at the end of the period
D. A and B only
D. A and C only
E. B and C only
F. All of the above
G. None of the above
1. Option E, A and C only, would result in a deterioration in Price to earnings (P/E) ratio.
2. Option F, B and C only, would result in a deterioration in Days Purchases Outstanding (DPO).
3. Option E, A and C only, would result in an improvement in Interest Coverage Ratio (ICR).
4. Option H, None of the above. Payment to acquire shares or paying dividends would not affect gross profit margin.
5. Option D, A and B only, would result in an improvement in Quick Ratio.
1. Issuing shares for cash would increase equity, which may improve the P/E ratio, while purchasing inventory on credit could delay cash outflows and improve the P/E ratio. However, if both options were combined, issuing shares to purchase inventory on credit, then the increase in equity and the delay of cash outflows could both lead to a deterioration in the P/E ratio.
2.Acquiring cash from a reducing balance loan implies that the entity is borrowing money, without an average steady cash inflow, thereby increasing DPO. Likewise, purchasing machinery may decrease cash, thereby also increasing DPO.
3.Purchasing inventory for cash would free up, or conserve cash, thereby improving the ICR. Receiving cash for interest revenue previously accrued would increase cash inflows, thereby improving the coverage ratio.
4.Accrued interest would be reflected in interest expense, which is not included in gross profit margin.
5.The payment of principal and annual interest on a reducing balance loan would reduce liabilities. Issuing shares for cash would increase assets.
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explain all the dimensions of Management functions in Human Resource management
Answer:down
Explanation:The four dimensions of human resource management practices are: Managing The Human Resource Environment, Acquisition and Preparation of Human Resources, Assessment and Development of Human Resources, and Compensation of Human Resources as stated by Noe et al (2010).
Answer: HR managers carry out a variety of tasks to ensure a business runs smoothly. The various dimensions of management functions in Human Resource management are as follows:
Explanation:
a. Planning
Planning for various things, from the hiring process to training and development programs, is the most crucial duty of an HR manager. Planning lays the foundation for other HR management responsibilities, such as determining job qualifications and the organization's need for recruitment.
b. Organizing
An HR manager is responsible for performing this role after the planning phase (discussed above) is finished. To meet the requirements and wants of the workforce while achieving business goals, they must create strategies and programs.
c. Directing
To carry out the goals and plans they have developed, HR managers need personnel. As a result, they lead their teams in a way that carries out the manager's goals and strategies. They assign tasks to the team members and keep tabs on their performance to assess their progress.
d. Controlling
One of the most significant managerial duties and obligations of an HR manager is this. In doing so, the HR manager monitors deviations, corrects them, and compares the results to the objectives. This entails tasks like audits and appraisals.
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Hart Company made 3,040 bookshelves using 22,040 board feet of wood costing $271,092. The company's direct materials standards for one bookshelf are 8 board feet of wood at $12.20 per board foot.
AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price (1) Compute the direct materials price and quantity variances and classify each as favorable or unfavorable. (2) Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart investigate further? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the direct materials price and quantity variances and classify each as favorable or unfavorable. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Actual Cost Standard Cost $ 0 Required 1 Required 2 > Required 1 Required 2 Hart applies management by exception by investigating direct materials variances of more than 5% of actual direct materials costs. Which direct materials variances will Hart investigate further? Which direct materials variances will Hart investigate further? Direct lapor enciency variance ( Required 1 Direct labor rate variance Direct materials price variance Direct materials quantity variance Total direct materials variance Total variable overhead cost variance (1) Prepare the journal entry to charge direct materials costs to Work in Process Inventory and record the materials variances.
(2) Assume that Hart's materials variances are the only variances accumulated in the accounting period and that they are immaterial. Prepare the adjusting journal entry to close the variance accounts at period-end. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to charge direct materials costs to Work in Process Inventory and record the materials variances. View transaction list Journal entry worksheet Record price and quantity variances. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet Record closing of price and quantity variances to cost of goods sold. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
1. a. The computation of the direct materials price variance is as follows:
= $2,204 ($12.20 - $12.30) x 22,040) Unfavorable
1.b. The computation of the direct materials quantity variance is as follows:
= $27,816 (24,320 - 22,040) x $12.20) Favorable
2. The direct materials variance that Hart will investigate further is the direct materials quantity variance, which is 10.3% ($27,816/$271,092 x 100) of the actual direct materials costs instead of the direct materials price variance, which is only 0.8% of the actual direct materials costs.
3. The journal entry to charge direct materials costs to Work in Process Inventory and record and close the materials variances are as follows:
a. Recording the Direct Materials Costs and Variances
Debit Work in Process $296,704 ($12.20 x 8 x 3,040)
Debit Direct Materials Price Variance $2,204
Credit Direct Materials Quantity Variance $27,816
Credit Raw Materials $271,092
To record the charge of direct materials to work in process based on standard cost.b. Closing the Direct Materials Variances:
Debit Direct Materials Quantity Variance $27,816
Credit Direct Materials Price Variance $2,204
Credit Cost of Goods Sold $25,612
To close direct materials variances to the cost of goods sold.Data and Calculations:
Units of bookshelves produced = 3,040
Feet of board used = 22,040
Cost of board feet of wood = $271,092
Per Unit Standard Actual
Price $12.20 $12.30 ($271,092/22,040)
Board feet 8 7.25 (22,040/3,040)
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The postal service of St. Vincent, an island in the West Indies, recently introduced a limited edition deluxe souvenir sheet priced at $15.00 each. The initial market response was quite positive, with an increase in unit sales compared to the regular souvenir sheets. The postal service sold a total of 50,000 units of the deluxe souvenir sheet.
Based on the given information, calculate the following:
What was the postal service's increase (decrease) in total contribution margin when it sold 50,000 deluxe souvenir sheets at $15.00 each, compared to selling 80,000 regular souvenir sheets at $8.00 each?
By what percentage did the St. Vincent post office increase the selling price for the deluxe souvenir sheet compared to the regular souvenir sheets? Additionally, calculate the percentage increase in unit sales for the deluxe souvenir sheet compared to the regular souvenir sheets. (Round your answers to one-tenth of a percent.)
If the postal service wants to maintain the same total contribution margin per unit for the deluxe souvenir sheets as it did for the regular souvenir sheets, what selling price should they set for the deluxe souvenir sheet? (Round your answer to the nearest whole dollar.)
Calculate the number of deluxe souvenir sheets the postal service would need to sell at the price determined in question 3 to equal the total contribution margin earned by selling 80,000 regular souvenir sheets at $8.00 each. (Round your answer to the nearest whole number.)
Please show your calculations and provide explanations for each answer.
1. the postal service experienced an increase in total contribution margin of $7.00
2. The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. The postal service should set the selling price for the deluxe souvenir sheet at $15.00
4. The exact number of deluxe sheets is 45.
Calculation of the increase (decrease) in total contribution margin:
The contribution margin is calculated as the selling price minus the variable cost per unit. Given the information, we have:
Selling price of regular souvenir sheets: $8.00
Selling price of deluxe souvenir sheets: $15.00
Number of regular souvenir sheets sold: 80,000
Number of deluxe souvenir sheets sold: 50,000
To calculate the increase (decrease) in total contribution margin, we need to compare the contribution margin of the two scenarios:
Contribution margin regular souvenir sheets = Selling price - Variable cost
= $8.00 - Variable cost
Contribution margin deluxe souvenir sheets = Selling price - Variable cost
= $15.00 - Variable cost
To find the increase (decrease), we'll subtract the contribution margin of regular souvenir sheets from that of deluxe souvenir sheets:
Increase (decrease) in contribution margin = Contribution margin deluxe - Contribution margin regular
= ($15.00 - Variable cost) - ($8.00 - Variable cost)
= $15.00 - $8.00
= $7.00
So, the postal service experienced an increase in total contribution margin of $7.00 when selling 50,000 deluxe souvenir sheets compared to selling 80,000 regular souvenir sheets.
2. Calculation of the percentage increase in selling price and unit sales:
Percentage increase in selling price = [(Selling price deluxe - Selling price regular) / Selling price regular] * 100
= [(15.00 - 8.00) / 8.00] * 100
= 87.5%
Therefore, the St. Vincent post office increased the selling price for the deluxe souvenir sheet by 87.5% compared to the regular souvenir sheets.
Percentage increase in unit sales = [(Unit sales deluxe - Unit sales regular) / Unit sales regular] * 100
= [(50,000 - 80,000) / 80,000] * 100
= -37.5%
The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. Calculation of the selling price for the deluxe souvenir sheet to maintain the same total contribution margin per unit:
To maintain the same total contribution margin per unit, the selling price for the deluxe souvenir sheet should be equal to the selling price for the regular souvenir sheet plus the increase in contribution margin per unit:
Selling price deluxe = Selling price regular + Increase in contribution margin
= $8.00 + $7.00
= $15.00
So, the postal service should set the selling price for the deluxe souvenir sheet at $15.00 to maintain the same total contribution margin per unit.
4. Calculation of the number of deluxe souvenir sheets to be sold to equal the total contribution margin earned from selling 80,000 regular souvenir sheets:
Total contribution margin from selling regular souvenir sheets = Contribution margin regular * Number of regular sheets sold
= ($8.00 - Variable cost) * 80,000
To calculate the number of deluxe souvenir sheets to be sold, we'll set the total contribution margin equal to that of regular sheets and solve for the number of deluxe sheets:
Contribution margin deluxe * Number of deluxe sheets = Contribution margin regular * Number of regular sheets
($15.00 - Variable cost) * Number of deluxe sheets = ($8.00 - Variable cost) * 80,000
Simplifying the equation:
Number of deluxe sheets = (Contribution margin regular * Number of regular sheets) / (Contribution margin deluxe)
= ($8.00 - Variable cost) * 80,000 / ($15.00 - Variable cost)
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This morning, you put a European protective put strategy in place when the cost of ABC stock was $29.15 per share and the 1-year $30 ABC put was priced at $1.05 per share. How much profit or loss per share will you earn from this strategy if the stock is worth $28 a share on the put expiration date? A) −$2.2 B) −$1.05 C) −$.20 D) $1.15 E) $4.20
Answer:
C) −$0.20
Explanation:
Stock Price (So) = $29.15, Po = $1.05
Initial outflow = So + Po = $29.15 + $1.05
Initial outflow = $30.20
Strike Price (k) $30
Stock price at maturity (St) = $28
Payoff = max(k-st,0)
Payoff = max(30-28,0)
Payoff = max(2,0)
Payoff = $2
The stock on maturity is sold in the market for $28.
Total inflow = Payoff + Stock price on maturity
Total inflow = $2 + $28
Total inflow = $30
Profit = Total inflow - Initial outflow
Profit = $30 - $30.20
Profit = -$0.20
An example of secondary research is
Answer: ''textbooks, encyclopedias, news articles, review articles, and meta analyses.''
Explanation:
Authors may use data from scholarly publications, official records, statistical databases, and historical documents when conducting secondary research.
(20) points
What could be the most likely result of Andrew offering credit facility to his customers?
A.
higher business losses
B.
lesser number of customers
C.
sell his goods below the market rates
D.
more competition
E.
customer loyalty
Answer:
you lied about the points but I'll be nice E
which business function is concerned with delivering a product or service to customers?
Answer:
Production
Production departments or companies are the manufacturing branches of a business to produce products or delivery of services to customers
H&R Block Tax Service is an example of which type of business.
a. Manufacturing
b. Wholesale
Retail
d. Service
Answer:
Service
Explanation:
Click and drag on elements in order Place the steps required to complete a work sheet in the correct order, with the first step at the top. Instructions Prepare the adjusted trial balance. Total the financial statement columns. Enter the unadjusted trial balance. Enter the adjustments. Sort the (adjusted) trial balance amounts to financial statements, Calculate profit or loss and add to the Balance Sheet columns
Assets, liabilities, and shareholders' equity are the three items that make up a balance sheet.
What is the correct order for the balance sheet?The balance sheet is presented in the following order: Owner's Equity, Current Assets, Non-Current Assets, Current Liabilities, Non-Current Liabilities Offsets on the balance sheet are listed in order of how liquid they are, starting with the terms that are the closest to cash.Because information from one statement is used in the next, financial statements are put together in a certain order. The trial balance, the corrected trial balance, the income statement, the balance sheet, and the statement of owner's equity are the next steps in the procedure.Complete the income statement columns, calculate the net loss or gain, post the balances in the trial balance columns, post the adjusting entries in the adjustment columns, and finish the balance sheet columns.To learn more about liabilities refer to:
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Alan works as a salesperson for an insurance company. Recently, he sold an insurance policy to a new customer. During their conversation, Alan made a list of all the benefits that the policy would offer the customer. He politely asked the customer to list the various drawbacks of buying the policy. In the end, Alan was able to close the sale because the benefits greatly outnumbered the drawbacks. Which closing technique did Alan use in this scenario?
A.
assumptive close
B.
Ben Franklin close
C.
porcupine close
D.
Sharp Angle close
Answer:B) Ben Franklin close
Explanation:
Answer:
Correct is B.)
Explanation:
correct on edmentum
Select the correct answer.
Claire and Evelyn have an argument over the timing of the charity event at an orphanage organized by their manager. Claire wants the timing to be
8:00 am while Evelyn wants the timing to be 9:00 am as the place is a bit far from her home. The manager intervenes and asks them to understand
each other's concern. They finally agree to the solution that the timing for the event could be 8:30 am and the manager would pick both of them from
convenient spots. Which method of conflict resolution does the situation reflect?
O A competing
OB.
0 с.
O D. smoothing over the problem
O E compromise
avoidance
collaboration
Method of conflict resolution does the situation reflect compromise. Thus, option E is correct.
What is conflict resolution?Professionals in many work fields might benefit from knowing how to resolve conflicts. Simply defined, interpersonal conflict can happen in almost any situation, including field employment and office occupations.
Conflict resolution teaches people vital skills that improve well-being and productivity, such as how to handle interpersonal conflict, reconcile emotions, and come to an understanding.
Understanding how to resolve conflicts involves more than just one strategy, such as knowing the distinctions between mediation and arbitration. This sophisticated skill set may result in a lucrative job. It involves more than just handling challenging conversations. Continue reading to find out what conflict resolution is and why it's crucial.
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Suppose you have to wait in line to purchase a soft drink at a Missouri State - Tulsa football game. The drink costs one dollar. While waiting in line, you hear the crowd roar as someone scores a touchdown. While running back to your seat, you fall and spill your drink on another spectator. What is your opportunity cost for the drink?
A. the cost of the drink plus the lost enjoyment of not seeing Missouri State score another touchdown (it couldn't have been Tulsa)
B. the cost of the drink, the lost enjoyment of not seeing the Missouri State touchdown, your thirst (you didn't get a drink), and the discomfort (to the other spectator) of sitting in the sun with wet, sticky clothing
C. the lost enjoyment of not seeing the Missouri State touchdown, your thirst (you didn't get a drink), and the discomfort (to the other spectator) of sitting in the sun with wet, sticky clothing
D. the lost enjoyment of not seeing the Missouri State touchdown, your thirst (you didn't get a drink), and your discomfort (assuming the other spectator responded by throwing his drink in your lap) of sitting in the sun with wet, sticky clothing
Work attitudes can be reflected in
an organization through
Select one:
a. All of these
b. Job satisfaction
Organisational Citizenship
Behaviour
d. Organizational commitment
= All of these
Answer:
Indeed it is A
Explanation:
Prepare a comparative income statement for any company extracting their P&L statement for the years 2020-21 & 2021-22. Analyse the incline and decline in the different elements in the P&L Statement and provide detailed insights.
Answer:
this is my own answer
Explanation:
hi
How to Prepare a Comparative Income Statement?
Step 1: Specify absolute figures of items like goods sold, net sales, selling expenses, etc., relating to the accounting period under consideration for analysis.
Step 2: Calculate the absolute change in the items mentioned in the income statement.
True or False: Improving manufacturing plant output and improving inventory turns are strategic key performance
indicators (KPIs).
True
False
This claim is untrue. Key performance indicators (KPIs) are a group of quantitative metrics used to assess the overall long-term performance of an organization.
What does a manufacturing KPI mean?A manufacturing KPI or metric is a clearly defined measurement used to track, evaluate, and improve production processes in terms of quantity, quality, and other cost factors.
What purposes do KPIs serve?Key performance indicator, or KPI, is a quantitative measurement of performance over time for a certain goal. KPIs offer goals for teams to strive towards, benchmarks to evaluate progress, and insights that aid individuals throughout the organization in making better decisions.
Which five key performance indicators are there?The five key performance metrics are:
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At the age of 68, Donna elected a straight life income option for the payout of her $150,000 deferred annuity She received monthly payments for 3 years totaling $42,000 and then she died. How much will her beneficiary get?
Answer:
$0
Explanation:
Given that
The payout is $150,000 for deferred annuity
Monthly payment for 3 years i.e. $42,000 and after this she died
So, here the beneficiary should get zero amount as in the case of the straight life income options, the annuitant should received the payment only when they died the payment should stop so beneficiary should not be eligible for any kind of payment received
Therefore zero amount should be considered
EXERCE1 Diffrentiate the legelities of private law and public law.
The main difference between the two is that private law deals with the relationships between individuals, while public law deals with the relationship between individuals and the state.
Private law covers matters such as contracts, property rights, and torts. It provides a framework for individuals to conduct their personal and business affairs, ensuring that everyone is held accountable for their actions. Private law is enforced through the civil courts, where individuals can seek redress for any wrongs that have been committed against them.
Public law, on the other hand, deals with matters that affect society as a whole. It includes constitutional law, administrative law, and criminal law.
Public law sets out the rules and regulations that govern the relationship between individuals and the state, as well as the relationship between different branches of government. It is enforced through the criminal justice system, where individuals can be prosecuted for breaking the law.
In summary, the main difference between private law and public law is that private law governs the relationship between individuals, while public law governs the relationship between individuals and the state. Both are essential for maintaining order and ensuring that everyone is held accountable for their actions.
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What will most likely cause a lender to deny credit?
OA short credit history with high balances
O Possession of two credit cards
OA small amount of debt owed
OA historic credit score of 300
Answer:
A historic credit score of 300
Explanation:
A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.
Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments, miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.
TRUE OR FALSE - ACCOUNTING (70 POINTS) - IF FALSE EXPLAIN WHY
1. If the adjusting entry to recognize expired auto insurance at the end of the period is inadvertently omitted, insurance expense will be understated and net income overstated.
2. The book value of an asset is the difference between the cost of an asset and the accumulated depreciation.
3. Accumulated depreciation is reported on the income statement.
4. A company depreciates its equipment $600 a year. The adjusting entry on December 31 is a: debit to Depreciation Expense, $600, and a credit to Accumulated Depreciation, $600.
5. Cash and other assets that are reasonably expected to be realized in cash, sold, or consumed less than one year after the balance sheet date are called current assets.
6. Manufacturing equipment is an example of a current asset.
7. Rent Expense is a permanent account and it appears on the balance sheet.
8. Assets, liabilities, and stockholders' equity accounts are permanent accounts and do not get closed at the end of the period.
WILL MARK BRAINLIEST
What is the difference between Medicare, Medicaid, and Social Security?
New Venture Management (1)
1. Explain the below the process of financial management.
*. Importance of Financial Statements - Preparation of historic Financial statements
*. Forecasts - Preparation of Forecasts
*. Budgets - Preparation of pro forma financial statement
*. Financial Ratios - Ongoing analysis of financial results
The process of financial management involves the preparation and analysis of historic financial statements, forecasts, budgets, and ongoing monitoring of financial ratios.
The process of financial management involves several key components that contribute to effective financial decision-making and the overall financial health of a business. Here is an explanation of each component:
Importance of Financial Statements - Preparation of Historic Financial Statements:
Financial statements, such as the income statement, balance sheet, and cash flow statement, provide a historical snapshot of a company's financial performance, position, and cash flows. These statements are crucial for assessing profitability, liquidity, solvency, and overall financial stability. By analyzing past financial statements, management can identify trends, evaluate the impact of previous decisions, and make informed decisions for the future.
Forecasts - Preparation of Forecasts:
Forecasts involve projecting future financial performance based on historical data, market trends, and other relevant factors. This process helps businesses anticipate potential opportunities, challenges, and financial needs. Forecasts typically include projected income statements, balance sheets, and cash flow statements, providing insights into expected revenue, expenses, assets, liabilities, and cash flows. It enables management to plan and allocate resources effectively, set financial goals, and make strategic decisions.
Budgets - Preparation of Pro Forma Financial Statements:
Budgets are financial plans that outline anticipated income, expenses, and cash flows for a specific period, typically on a monthly, quarterly, or annual basis. Pro forma financial statements, including pro forma income statements, balance sheets, and cash flow statements, are created as part of the budgeting process. Budgets help in setting targets, allocating resources, and monitoring performance against the planned financial objectives. They serve as a roadmap for financial management and aid in identifying areas that require adjustment or improvement.
Financial Ratios - Ongoing Analysis of Financial Results:
Financial ratios are quantitative indicators that provide insights into a company's financial performance, efficiency, and profitability. Ratios compare different financial figures from the financial statements to assess liquidity, profitability, solvency, efficiency, and other key aspects. By monitoring and analyzing financial ratios on an ongoing basis, management can identify trends, compare performance against industry benchmarks, and make informed decisions to optimize financial performance. These components contribute to understanding a company's financial position, making informed decisions, and driving sustainable growth and profitability.
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Which of the following is likely to increase the value of a country's currency?
Higher interest rates in a country can increase the value of that country's currency relative to nations offering lower interest rates. Political and economic stability and the demand for a country's goods and services are also prime factors in currency valuation.
Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.
Receipts from customers $279,247
Payments for property, plant & equipment $42,310
Interest paid $4,231
Proceeds from issue shares $25,836
Payments to supplier and employees $220,013
Repayment of borrowings $53,331
GST paid $16,924
Payments for motor vehicle $37,985
Interest received $6,770
Select one:
$61,773
$44,849
$55,345
$49,080
General Electric issued 8%, 15-year bonds with a par value of $500,000 that pay interest semiannually. The market rate on the date of issuance was 8%. The journal entry to record each semiannual interest payment is:_____________
Answer:
Interest Charge $20,000 (debit)
Cash $20,000 (credit)
Explanation:
Find the Issue Price (PV) so as to construct the amortization schedule.
Pmt= ($500,000 × 8%) ÷ 2 = $20,000
i = 8%
Fv = $500,000
P/yr = 2
N= 15 × 2 = 30
Pv = ?
Using a Financial calculator to enter the data as above, Pv would be $500,000.
Answer:
Explanation:
Date Journal Entry Debit Credit
Bond Interest Expense $20,000
Cash $20,000
(Being semi-annual interest payment on bonds)
Workings:
The semi-interest payment = Coupon rate × par Value × 1/2
Semi-annual interest payment = 8% * $500,000 * 1/2
Semi- annual payment = $20,000
(
Which of the following are characteristics of commercial paper?
a. Long term; government issued
O b. Medium term; mortgage backed
c. Short term; government issued
O d. Short term; unsecured
D.) Short Term; Unsecured
B.) Medium Term; Mortgage backed
Short-term; unsecured are the characteristics of commercial paper. The correct option is D. Commercial paper is a type of promissory note that is unsecured and pays a set interest rate.
What are the advantages and disadvantages of commercial paper?Commercial paper is a productive approach for businesses to obtain funding directly from investors. On the other hand, commercial paper is unsecured and entails more significant risk than other forms of debt. Commercial paper is another short-term financing option, although it lacks the solidity of longer-term financial instruments.
An unsecured, short-term debt product is commercial paper. Businesses frequently provide it to cover their wages, accounts payable, inventories, and other short-term liabilities. On commercial paper, maturities can be as short as one day and as long as 270 days, with a 30-day average.
Thus, the ideal solution is option D.
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