The preparation of the cash budgets for the first three months of next year for Kayak Co. is as follows:
January February March
Beginning cash balance $30,000 $30,000 $69,294
Cash receipts 525,000 400,000 450,000
Total cash available $555,000 $430,000 $519,294
Cash disbursements 475,000 350,000 525,000
Ending cash balance $80,000 $80,000 ($5,706)
Required minimum balance 30,000 30,000 30,000
Available for Loan Payment 50,000 50,000 ($36,000)
Loan Interest & Principal Payment:
Interest repayment $600 $106
Loan:
Beginning balance $60,000 $10,600
Loan repayment ($49,400) ($10,600)
Ending balance $10,600 $0
Data and Calculations:Month Cash Receipts Cash Disbursements
January $ 525,000 $ 475,000
February 400,000 350,000
March 450,000 525,000
Minimum required cash balance = $30,000 per month-end
Loan limit = $150,000
Monthly interest rate = 1%
Interest payment and principal repayment = last day of each month
Interest computation = beginning balance
Beginning cash balance = $30,000
Beginning loan balance = $60,000
The beginning cash balance of March is $69,294 ($80,000 - $106 - $10,600)
Thus, at the end of March, Kayak Co. needs to borrow $36,000.
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What is starbucks doing to better the economy and environment in areas around the world?.
Answer:
Cutting down on carbon, water, and waste footprints by half
Explanation:
In 2020 Starbucks committed to a resource-positive future, formalizing environmental goals to cut its carbon, water, and waste footprints by half. As a progression against those goals, the company commits to Carbon Neutral Green Coffee and to conserving water usage in green coffee processing by 50%, both by 2030.
learn more here: https://stories.starbucks.com/stories/2021/starbucks-announces-coffee-specific-environmental-goals/
12. Currency is useful in that it serves as
A. a hedge against inflation.
B. a convenient way to save money.
C. a medium of exchange.
D. all of the above.
When considering marginal revenue versus marginal costs, marketers must ensure that.
It should be noted that when considering marginal revenue versus marginal costs, marketers must ensure that marginal revenue exceeds marginal costs.
What is marginal revenue and marginal costs?The marginal cost of production serves as the change in total cost that is bern incured as a result of making or producing one additional item.
Marginal revenue (MR) on the other hand serves as the incremental entity.
However, In equilibrium, marginal revenue equals marginal costs.
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Many developed countries have deindustrialized and are transitioning to a postindustrial economy. A. Identify and describe the economic sector that becomes dominant when a country deindustrializes and restructures from an industrial to a postindustrial economy. B. Describe TWO ways countries transitioning to a postindustrial economy utilize the international division of labor. C. Describe ONE way in which the roles of women in the paid labor force of developed countries change as a result of the transition to a postindustrial economy. D. Describe TWO ways in which brownfields can be redeveloped in postindustrial cities.
In the post industrial economy,
A. the economic sector that is dominant when the country deindustrializes is the Tertiary industry:
quaternary and quinaryservice jobSome of the jobs here require the tertiary form of education.
b. Two ways that countries transition to postindustrial economy are:
They make use of countries that have little government regulations and minimal taxes. They use countries where trade unions are non existent.c. A way that the roles of women get to change is through the reduction in the pay gap that exists between genders. Pay can also be raised for females.
d. Brownfields can be redeveloped in the following ways in the post industrial cities:
Recreational means: sports and entertainments.Agriculture: Creation of urban farms and gardens.What is a post industrial economy?This is an economy that is said to have advanced from the manufacturing era into an era of production of services.
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Describe your strategy for pricing your goods or service. What will the final price be?:
Answer:
Think of the price of materials then of your time
Explanation:
Why is the monopolist is a price maker?
Answer:
✒️Answer:A monopoly firm is a price-maker simply because the absence of competition from other firms frees the monopoly firm from having to adjust the prices it charges downward in response to the competition. ... Absent that competitive atmosphere, a sole provider can set the price he or she wants.
Explanation:
#CarryOnLearning[tex]watch.some.anime[/tex]
When a manager creates a budget that is too easy to attain, ______ occurs.
Answer:
Explanation:
budgetary slack
What is a very common way to purchase an automobile?
Answer:
through a car dealership?? what kinda question is that
Budgets ______. Multiple choice question. Focus on what has happened in the past communicate management's plan throughout the organization primarily help managers with day-to-day emergencies
Budgets assist to communicate management's plan throughout the organization.
What is budget?A budget is a spending plan based on income and expenses. It is an estimate of how much money you'll make and spend over a certain period of time.
The purpose of the budget is to establish financial objectives with the monitoring and measurement of results, enabling better decision-making. Budget is done for allocation of expenditures for various purposes over the next year.
Hence, budgets communicate management's plan throughout the organization.
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If the government levies a $500 tax per car on sellers of cars, then the price received by sellers of cars would:.
A company issues $100,000 of 5%, 10-year bonds dated january 1. The bonds pay interest semiannually on june 30 and december 31 each year. If the bonds are sold at par value, the issuer records the sale with a debit to:.
Assuming the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.
Journal entryBased on the information given if the company issues the amount of $100,000 of 5%, 10-year bonds dated january 1 the appropriate journal entry to record this transaction is:
Debit Cash $100,000
Credit Bond payable $100,000
(To record bonds sold at par value)
Inconclusion the issuer will records the sale with a debit to: Cash $100,000.
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Saraiya runs a small café. She would like to start placing small ad buys on social media and hires an analytics firm to determine which platforms she should advertise on. What type of cost would this be considered?.
A social media implementation cost wil be incurred if she start placing small ad buys on social media and hires an analytics firm.
What is a social media implementation cost?These is a varible cost that is used for implementation of social media account for advertisement, promotion etc.
Hence, these implementation cost wil be incurred if she start placing small ad buys on social media and hires an analytics firm.
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When parents or eligible students request inspection and review of education records, federal law stipulates that the requested information must be provided within:.
The period of time that is requested for inspection and review of education records, according to federal law is 45 days.
What is an education records review?This is a review of the academic standing of a student. The reason why the review is needed is probably because the student wants to apply for a new school.
According to federal law, when the request is received, the records must be provided within 45 days.
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What is a main disadvantage of leasing a vehicle compared to buying a vehicle? the up-front cost the monthly payments the length of payments the cost of insurance and gas
An upfront cost is the amount of money owed at the start of a transaction or business engagement.
Why Is Understanding Upfront Costs Important?A prospective homeowner can confidently choose a piece of property that is appropriate for their financial condition by thoroughly comprehending upfront fees as well as ongoing costs such as monthly mortgage payments and property taxes.
Because house ownership expenses exceed the reported purchase price, a good real estate agent will walk their client through the various amounts they will owe to ensure that the buyer is not caught off guard by significant upfront costs.
Thus When comparing up-front costs, buying is more advantageous than leasing which is more costly.
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Based on your reading of the following passage, to which listed careers do you think John might be suited? (Select all that apply. ) John is a high school graduate. He is smart and ambitious but does not wish to pursue a college degree. John has good technical skills, can operate computers, and has a strong grasp of basic physical sciences. He served in the navy for four years. John is not opposed to joining a union. He does not have a spouse or any children. John is physically healthy, strong, and has good vision without any significant issues. John might be suited to be: a seaman a seaman a rail yard worker a rail yard worker a ship's captain a ship's captain a dispatcher
Answer:
a seaman
a seaman
a rail yard worker
Explanation:
Mary remodeled her bathroom, and her assessment went from $67,000 to $71,000. If she pays taxes at a rate of 31.5 mills, what is her increase in property tax?
Answer:
$126
Explanation:
To solve, find the amount of property tax at $67,000, then find the amount of property tax at $71,000 and subtract the amounts.
Mary remodeled her bathroom, and her assessment went from $67,000 to $71,000. If she pays taxes at a rate of 31.5 mills, Then her increase in property tax will be $126.
What is tax?The taxes are mandatory contributions, that are levied on individuals or corporations by a government entity—whether local, regional, or national.
The tax revenues are basically used for financing government activities, including public works and services such as construction of roads, hospitals and schools, or programs such as Social Security, old age pension and Medicare.
In economics, taxes fall on whoever pays the burden of the tax, whether this is the entity being taxed, such as a business, or the end consumers of the business’s goods.
Mary remodeled her bathroom, and her assessment went from $67,000 to $71,000. If she pays taxes at a rate of 31.5 mills, Then her increase in property tax will be $126.
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#SPJ6
Schaad Corporation has entered into an eight-year lease for a piece of equipment. The annual payment under the lease will be $2,500, with payments being made at the beginning of each year. If the discount rate is 14%, what’s the present value of the lease payments? Ignore income taxes in this problem
Based on the payments being made at the beginning of the year and the discount rate, the present value of the lease payments is $13,220.75.
What is the present value of the lease payments?The fact that the payments are made at the beginning of the year makes this an annuity due.
The present value is:
= Amount x ( Present value of annuity due factor, 14%, 8 years)
Solving gives:
= 2,500 x 5.2883
= $13,220.75
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How does self-motivation fit into the career readiness model?.
A self-motivation was ablt to fit into the career readiness model because it is an attitude.
What is a self-motivation?It refers to the personal ability to motivate and drive oneself to take initiative and action to pursue set goals and complete tasks.
Therefore, the self-motivation was ablt to fit into the career readiness model because it is an attitude that is innate in an individual.
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Jasper has been working a lot of overtime during the most current economic expansion. As a result, his income is high enough for him to move from the 12 percent tax bracket to the 22 percent tax bracket. The increased amount Jasper pays to the government is an example of:
The increased taxes paid to the government by Johnny represent what are known as automatic stabilizers slowing the economy.
What are automatic stabilizers?These are factors in the economy that stop it from growing too fast that it becomes overheated.
Taxes are one such stabilizer because in making sure that people pay more to the government when they earn more, their spending is reduced which means that the economy doesn't grow too much.
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Which statement(s) most directly apply to capitalism? I. There is heavy government regulation of industry. II. Individuals can start some, but not all, kinds of enterprises. III. The price and availability of goods is determined primarily by the market. A. I and II b. II only c. I and III d. III only.
Capitalism refers to private ownership of trade and industries and price of good and services determine by the market.
What do you mean by capitalism?It is the countries economic and political system where trade, industries and capital goods are owned and controlled by private individuals for profit rather than the government.
The statement that the price and goods availability is determined primarily by the market explains the capitalism.
Therefore, option d aptly describes capitalism.
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Which of the following factors are considered when calculating gdp? i. goods produced within a country by citizens of that country ii. goods produced within a country by residents who are not citizens iii. goods produced within a country for use in production of other goods iv. goods produced by a country’s citizens outside of its borders a. ii and iii b. i only c. i and ii d. i, ii, iii, and iv
Gross domestic product (GDP) is the total amount or market worth of all finished products and services produced within the borders of a country in a given time period.
How is GDP calculated?GDP is often estimated on an annual basis, but it is also measured quarterly. The government of the United States, for example, produces an annualized GDP assessment for each fiscal quarter as well as for the entire calendar year.
The various data sets included in this study are presented in real terms, which means that the data has been adjusted for price changes and is thus net of inflation.
Thus, Option D is correct about the factors of GDP.
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What are cultural, control, and organizational variables that are utilized by decision makers to effect change in their organization known as?.
Answer:
managerial levers
Explanation:
Help me please.. there is no option on here for human resources principals, so i jus clicked business as the subject..
Answer:
pls explain the question first
From the perspective of a power holder, _____ strategy of negotiation implies that the power holder jointly develops and shares power with the other.
Answer:
Negotiation
Explanation:
Negotiation is a dialogue between two or more people
what independent sales branch is being replaced by a manufacturer sales branch
When you receive a loan, the money the lender gives you is called the ____________. a. interest b. line of credit c. principal d. collateral
Answer:
c : principal
Explanation:
What do you need to provide in order to get secured credit?
An asset.
When the loan is received by the person and the money which lenders give to the person is the principle. The principle is the money that needs to give back after a certain period.
What is a loan?
A loan is a quantity of the money borrowed from a bank or other financial institution. One or more persons or businesses to finance scheduled or unanticipated occurrences. The borrower thereby incurs a debt, which he must repay with interest and within a specified time frame.
Thus, option C is correct.
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You are given the following data on different rates with the same maturity(1.5years) , but quoted on a different basis and different compounding frequencies :
• continuously compounded rate: 2.00% annualized rate
• continuously compounded return on maturity: 3.00%
• annually compounded rate: 2.10% annualized rate
• semi-annually compounded rate: 2.01% annualized rate
you want to find an arbitrage opportunity among these rates.
is there any one that seems to be mispriced?
Based on the periods of compounding, the rate that is mispriced is the annually compounded rate.
Why is this mispriced?First find out the effective rates of all the rates.
Continuously compounded rate:
= e ^ (Annual rate x period of compounding) - 1
= e⁰.⁰² ˣ ¹.⁵ - 1
= 0.0305
= 3.05%
Continuously compounded return on maturity:
= e ^ (Yield x period of compounding) - 1
= e⁰.⁰³ ˣ ¹ - 1
= 0.0305
= 3.05%
Annual compounding :
= ( 1 + (Rate of compounding / Number of compounding periods in year))^number of compounding periods - 1
= (1 + 2.10%)¹.⁵ - 1
= 0.0317
= 3.17%
Semi-annual compounding:
= ( 1 + (Rate of compounding / Number of compounding periods in year))^number of compounding periods - 1
= (1 + 2.01%/2)³ - 1
= 0.0305
= 3.05%
Mispricing occurs at Annually compounded rate.
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If you wanted to open a restaurant, which space would likely
charge the most for rent?
O A famous Las Vegas casino
O A small neighborhood diner
O A medium space in a strip mall
A large warehouse in a rural area
A famous Las Vegas casino because it gets teh most revenue.
What is the purpose of a w-4 form, and when do you receive it?.
Answer: to let your employer know how much money to withhold from your paycheck for federal taxes.
Explanation: Your employer should provide a W-4 form when you are hired.
1.24. If an investor borrows $100 and pays back $100 after a year to settle his loan, it implies that the rate of interest is ________. A) 0 percent B) 1 percent C) 10 percent D) 100 percent
,If an investor borrows $100 and pays back $100 after a year to settle his loan, it implies that the rate of interest is 0%
What is Interest Rate?This refers to the added amount which is to be repaid with respect to a loan after a given time period.
With this in mind, we can see that because after a period of 1 year, the principal amount which is $100 is paid back without any additional charge, then the rate of interest on the loan is 0%.
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