DETAILED FINANCIALS
D. Projected income and expenses (The following items are recommended for inclusion.
You may select the appropriate items for your business.)
1. Projected income statements by month for the first year’s operation (sales, expenses, profit/loss)
2. Projected cash flow for the first
year
3. Projected cash flow by month for the first year’s operation
4. Projected balance sheet, end of
first year
5. Projected three-year plan
E.
Proposed plan to meet capital needs
(The following are recommended items
for inclusion. You may select the appropriate items for your business.)
1. Personal and internal sources
2. Earnings, short-term and long-term borrowing, long-term equity
3. External sources
4. Repayment plans
5. Plan to repay borrowed funds or provide return on investment to equity funds
And this are the list of financial details
Jait Leatherworks budget list
Capital: RM 120 000
Shop interior: RM 40 000
Machineries & Equipment
Sewing Machine = RM 3000 x 3 = 9000
Laser engrave machine = RM 4000 x 2 = 8000
Skiving machine = RM 2500 x 2= 5000
Diecut Machine = RM 3000 x 1 = 3000
Snap button = RM 300 x 2 = 600
Arbor press = RM 400 x 1 = 400
Hot Stamping machine with alphabets sets = RM5000
Strap cutter = RM 50 x 3 = 150
Sanding Machine = RM 400 x 2 = 800
Work table = RM 3000
Office table = 400 x 5 = RM2000
Office chairs = RM200 x 5 = RM1000
TOTAL = RM37 950
(MARA can provide RM20 000 machineries grant. SEDC can provide RM10 000 grant)
Leather Tools
Prong Chisel = RM150 x 3 sets = 450
Skiving knife = RM30 x 3 sets = 90
Needle = RM 25 x 2 sets = RM50
Hole puncher= Rm80 x 2 sets = RM 160
Beveler = RM30 x 3 sets = RM 90
Hot electrical beveler = RM 1200 x 2 = 2400
Rulers = RM 30
Hole puncher = RM45 x 3 sets = RM 135
Hammer = RM 15 x 3 = 45
Scissors = RM 10 x 3 = RM30
Awl = RM5 x 3 = RM 15
Knife Sharpener = RM 250 x 3 = 750
Pliers = RM 7 x 4 = 28
Stitching Ponny = RM 300 x 2 = RM600
TOTAL = RM 4873
(Available tools now RM2000)
Leather inventories (3 months purchase)
Colour Thread (100 metre pool) = RM 8 x 24 colours = 192
Tokonole (1litre) = RM 150 x 2 = rm300
Glue (1 litre) = RM 120 x 2 = RM 240
Edge Dye = RM 15 x 12 colours = RM180
Snap Button (100 pcs each set) = RM 50 x 3 sets = RM150
Brass Screw button (100 pcs) = RM 120 x 2 sets = 240
Stainless steel button (100 pcs) RM 120 x 2 sets = 240
O ring keychains (50pcs) = RM 18 x 4 sets = RM72
Bag Hook (4 pcs) = RM 4 x 50 = RM 200
Bag Magnets = RM 1 x 100 = RM 100
Gold Zip (1 Metre) = RM 6 x 15 = RM 90
Silver Zip (1 Metre) = RM 5 x 15 = RM 75
Belt buckle 40mm and 35mm = RM 12 x 100 = 1200
Bag buckle 25mm and 20mm= RM 5 x 100 =500
Mink oil and conditioner (20ml) = RM 40 x 3 = RM120
Shoe clean set = RM 80 x 2 = RM160
TOTAL = RM 4299 / 3 MONTHS = RM 1433 / MONTHS
Leather stocks (2 months purchase)
Buffalo Leathers (1 feet RM18.50) = 50 feet x 18.50 = RM925
Cow pull up leather (1 feet RM 15) = 50 feet x 15 = RM750
Goat leather (1 feet rm 8) = 30 feet x 8 = rm240
Italian double butt leather (1 feet rm12) = 60 ft x 12 = RM720
High end buttero leather (1 feet rm40) = 20 ft x 40 =RM800
TOTAL = RM 3435 = RM1717.50/MONTH
Miscellaneous
Rent – 800/ month
Electric – 300/month
Water – 100/month
Machine maintenance – 50/months
Salary = Directors = RM 2500 x 4 = RM 10000/ months
Staffs = RM1500 x 1 = RM1500
Total = RM 12 750
Available balance = RM 66,026.50
Answers
To create a projected income and expense statement, cash flow statement, balance sheet, and three-year plan for a business, you will need to gather relevant financial data and make projections based on your business model and market conditions.
Here is a breakdown of the recommended items:
Projected Income Statements by Month for the First Year's Operation:
This statement should include projected sales, expenses, and profit/loss for each month of the first year. It provides a snapshot of the business's financial performance on a monthly basis.
Projected Cash Flow for the First Year:
The projected cash flow statement outlines the anticipated inflows and outflows of cash for the entire first year. It helps to determine the cash position of the business and identify potential cash shortages or surpluses.
Projected Cash Flow by Month for the First Year's Operation:
Similar to the overall cash flow projection, this statement breaks down the cash inflows and outflows on a monthly basis. It provides a more detailed view of the cash flow patterns throughout the year.
Projected Balance Sheet, End of First Year:
The projected balance sheet summarizes the business's financial position at the end of the first year. It includes assets, liabilities, and owner's equity. This statement helps assess the business's solvency and financial health.
Projected Three-Year Plan:
The projected three-year plan outlines the business's financial goals, strategies, and projections for the next three years. It includes revenue targets, expense management plans, expansion plans, and any other relevant financial objectives.
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Related Questions
Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000
Answers
Answer:
A. $300
Explanation:
The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;
= Opening balance + purchase made - credit received - payment made
= $1,200 + $1,500 - $400 - $2,000
= $300
Hence, the amount will go into the schedule of accounts for Custom Motors is $300
Therefore the option a is correct
And, the same would be considered
Answer:
A 300
Explanation:
What would the minimum monthly payment be for each credit card for balance of $180, and $300?
Answers
Credit Card A: Minimum monthly payment: $15 or 10% of balance
Credit Card B: Minimum monthly payment: $15 or 10% of balance
Credit Card C: Monthly balance must be paid in full each month
Credit Card D: Minimum monthly payment: $25 for Card D with $65 annual fee, $35 for Card D with $85 annual fee.
How we get these values?Credit Card A:
- APR: 3.999% for transferred balances, 13.25% for all other purchases
- Minimum monthly payment: $15 or 10% of balance
- For a balance of $180, the minimum monthly payment would be $18 (10% of $180 is $18, which is higher than the $15 minimum)
- For a balance of $300, the minimum monthly payment would be $30 (10% of $300 is $30, which is higher than the $15 minimum)
Credit Card B:
- APR: 0.00% for 6 months, 19.8% for remaining lifetime of card
- Monthly balance must be paid in full each month
- For a balance of $180, the entire balance would need to be paid off in full
- For a balance of $300, the entire balance would need to be paid off in full
Credit Card C:
- APR: 14.99%
- Minimum monthly payment: unknown (not provided in information given)
Credit Card D:
- APR: 0.00% for the first year, 19.9% for remaining lifetime of card
- Minimum monthly payment: $25 for Card D with $65 annual fee, $35 for Card D with $85 annual fee
- For a balance of $180, the minimum monthly payment would be $25 for Card D with $65 annual fee, or $35 for Card D with $85 annual fee
- For a balance of $300, the minimum monthly payment would be $25 for Card D with $65 annual fee, or $35 for Card D with $85 annual fee
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9. If you found that you were in financial trouble because of credit and had great difficulty paying your monthly bills, what would you do?
Answers
Answer:
You would have to cut down on some luxuries, like lots of foods, amusement parks, shopping trips, etc. If you have have extra hours, work more hours, quite possibly take another job.
Explanation:
You bought 100 shares of stock at $15 per share. You sold your 100 shares at $21.75 per share. Calculate your percentage of gain. a) 18% b) 21% c) 31% d) 45%
Answers
Answer:
45%
Explanation:
2175-1500=675
675/1500=.45 or 45%
Type the correct answer in the box. Spell all words correctly.
What type of exchange rate system must Diana select?
Diana is the leader of a small country that has recently joined the international monetary system. Foreign trade plays an important role in this countryâs economy. Diana wants to stabilize trade dealings and boost the confidence of exporters and importers. Further, she wants to win the confidence of foreign investors by offering a stable investment climate.
Diana must therefore opt for the
exchange rate system
Answers
Diana must select a fixed exchange rate system for her country. This system will help her stabilize trade dealings and boost the confidence of exporters and importers. Fixed exchange rate systems involve a government or central bank setting a fixed exchange rate for their currency against another currency or a basket of currencies. This means that the exchange rate remains constant and predictable, which can provide a stable investment climate for foreign investors.
A fixed exchange rate system can also be beneficial for countries that rely heavily on foreign trade, as it can help them manage their currency value and maintain their competitiveness in the global market. With a fixed exchange rate, Diana can also avoid currency fluctuations and minimize the risks associated with volatile exchange rates. This can help her maintain a stable economy and attract foreign investment, which can further boost her country's economic growth.
Overall, a fixed exchange rate system can help Diana achieve her goals of stabilizing trade dealings, boosting the confidence of exporters and importers, and winning the confidence of foreign investors. It can also help her country maintain a stable economy and remain competitive in the global market.
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Timothy's company manufactures denim wear for young adults. He wants to understand how the trend is moving in this market. Which business
In his distribution value chain should he consult for the best market Intelligence regarding consumer preferences?
A. manufacturer
B. vendor
C. retailer
D. customer
E. distributor
Answers
Answer:
The actual answer is retailer
Explanation:
got it right on the test (plato user)
Which of the following is a TRUE statement about organizational structures for implementing business-level strategies?
a. A cost leadership strategy requires a simple structure emphasizing high specialization, centralization, and structured job roles.
b. A differentiation strategy requires a functional structure with limited formalization, broad job descriptions, and an emphasis on the product R&D and marketing functions.
c. An integrated cost leadership/differentiation strategy requires a multidivisional structure using high formalization, decentralized decision making, and vertical coordination.
d. A focused strategy requires a functional structure featuring high levels of both specialization and formalization.
Answers
The correct answer is b. A differentiation strategy requires a functional structure with limited formalization, broad job descriptions, and an emphasis on the product R&D and marketing functions.
Organizational structure plays a crucial role in the successful implementation of business-level strategies. Different strategies require different structures to effectively execute the plan. For instance, a cost leadership strategy focuses on cost reduction and requires a simple structure with high specialization, centralization, and structured job roles. A differentiation strategy, on the other hand, requires a functional structure with limited formalization, broad job descriptions, and an emphasis on the product R&D and marketing functions. This structure enables the organization to differentiate its product from competitors through innovation, quality, and service.
An integrated cost leadership/differentiation strategy requires a multidivisional structure using high formalization, decentralized decision making, and vertical coordination. This structure allows the organization to focus on both cost reduction and differentiation, as well as manage multiple product lines. A focused strategy requires a functional structure featuring high levels of both specialization and formalization, allowing the organization to concentrate on a specific market niche.
Therefore,the correct answer is b. A differentiation strategy requires a functional structure with limited formalization, broad job descriptions, and an emphasis on the product R&D and marketing functions.
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In which period of industrial revolution industries experienced the need of selling function
Answers
Answer:
Industrial revolution industries experienced the need of selling function is explained below in details.
Explanation:
The Industrial Revolution converted economics that had been based on cultivation and craftsmanship into markets based on large-scale manufacturing, mechanized production, and industry arrangement. New instruments, new energy sources, and new forms of creating a product made present industries more fruitful and effective.
The CEO does not fully understand which are the options enabled by the dynamic allocation of resources. Which of the following paragraphs best describes them: O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). It can also switch your virtual computer(s) to different computer centers in other locations. O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). O When you need computing power you access the cloud and use some of the resources. When you do not need computing power. other companies will use it. In case you need more (or less) computing power, the system adapts the resources of your virtual computer(s). It can also switch your virtual computer(s) to different computer centers in other locations. Beside, it allows you to use different operating systems.
Answers
The paragraph that best describes the options enabled by dynamic allocation of resources is: "When you need computing power, you access the cloud and use some of the resources. When you do not need computing power, other companies will use it."
The selected paragraph accurately describes the options enabled by dynamic allocation of resources. It states that when computing power is required, users can access the cloud and utilize a portion of the available resources. However, when the computing power is not needed, those resources are made available to other companies or users. This concept highlights the flexibility and efficiency of resource allocation in the cloud. It ensures optimal utilization of resources, as they are dynamically allocated based on demand. The paragraph does not mention additional features like adapting resources, switching computer centers, or using different operating systems, so it focuses solely on the core concept of sharing and utilizing computing power as needed.
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Describe factors that encourage conspicuous
consumption by the purchase of status sym-
bols.
Answers
Veblen's initial thesis said that better social standing and peer recognition were the two key factors influencing ostentatious consumption.
Conspicuous consumerism is the act of acquiring things or services specifically with the intention of flaunting one's affluence. When publicly exhibited products and services are too expensive for other people in a person's class, conspicuous spending is a way to demonstrate one's social position.
What is the conspicuous consumerism theory?
Conspicuous consumption is defined as. Displaying extravagant riches in order to improve one's standing and reputation in society is known as conspicuous spending.To Learn more about conspicuous consumption, click the links
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8. if the production and consumption of a good or service results in sizable external costs, an appropriate government policy might be to:
Answers
If the creation and consumption of a good or service result in significant external costs, taxing the creation and/or sale of the good may be a suitable government policy.
What are taxes?A tax is a mandatory fee or financial charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services. Taxes and other financial obligations imposed by a government on its citizens are referred to as taxes. Nearly every nation in the world levies income taxes. All mandatory levies, including those on income, corporate profits, property, capital gains, sales, and inheritance, are subject to taxation. All involuntary levies, including estate taxes, capital gains taxes, and income taxes, are referred to as "taxation." Although the term "taxation" can apply to both an act and a noun, it is most commonly used to refer to the ensuing revenue.
Hence, If the creation and consumption of a good or service result in significant external costs, taxing the creation and/or sale of the good may be a suitable government policy.
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On January 1, Year 1, Willette Company sold $240,000 of 6% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $180,181, priced to yield 10%. Using the straight-line method, what is the amount of interest expense that Willette will report for the six months ended June 30, Year 1?
Answers
Answer:
$10,191
Explanation:
Calculation for the amount of interest expense that Willette will report for the six months ended June 30, Year 1
First step is to calculate the Semiannual interest payment using this formula
Semiannual interest payment = Face amount × (Rate ÷ 2)
Let plug in the formula
Semiannual interest payment = $240,000 × (6% ÷ 2)
Semiannual interest payment= $7,200
Second step is to calculate the Allocation of discount using this formula
Allocation of discount = (Face value of bonds − Issue price) ÷ Number of interest payments
Let plug in the formula
Allocation of discount = ($240,000 - $180,181) ÷ (10 years × 2 payments per year)
Allocation of discount = $59,819 ÷ 20
Allocation of discount = $2,991
Now let calculate the Interest expense using this formula
Interest expense = Interest payment + Allocation of discount
Let plug in the formula
Interest expense = $7,200 + $2,991
Interest expense = $10,191
Therefore the amount of interest expense that Willette will report for the six months ended June 30, Year 1 will be $10,191
why might self-employed individuals who want to obtain financing for a home purchase, choose not to write off valid expenses on their tax statements?
Answers
Self-employed individuals who want to obtain financing for a home purchase, choose not to write off valid expenses on their tax statements because it likely increases demonstrated income.
In reality, lenders believe self-employed people to be riskier than workers who receive a salary. Even when their firm has a healthy cash flow, self-employed people may have modest personal incomes. Lenders may be concerned about your ability to make monthly mortgage payments if your income is more erratic.
Mortgage borrowers who are self-employed have access to the same loans as borrowers who are "traditionally" employed. Self-employed mortgage loans have no additional criteria. The same requirements for credit, debt, down payment, and income as for other applicants apply to you. To be eligible for a house loan, you typically need to have at least two years of consistent self-employment.
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what are 3 examples of nonprice factors you have experienced as a consumer?
Answers
The three examples are Taste, Brand Loyalty and Fashion. The nonprice factors are the three given above.
Who is a consumer?A consumer is a person who purchases and consumes the product or service that is offered and served by the business. A business offers a product or service and the consumer analyzes the aspects of that specific product or service and then pays the price for that specific product or service and then consumes it.
The customer is King is a well known saying and is always considered when a product is presented in the market. The consumer choice can be based on different factors and it includes nonprice factors too which includes taste of the consumer, Brand image and loyalty and Fashion prevailing in the market. Price factors are those which are related to price.
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Answer:
The three examples are Taste, Brand Loyalty and Fashion. The nonprice factors are the three given above.
Who is a consumer?
A consumer is a person who purchases and consumes the product or service that is offered and served by the business. A business offers a product or service and the consumer analyzes the aspects of that specific product or service and then pays the price for that specific product or service and then consumes it.
The customer is King is a well known saying and is always considered when a product is presented in the market. The consumer choice can be based on different factors and it includes nonprice factors too which includes taste of the consumer, Brand image and loyalty and Fashion prevailing in the market. Price factors are those which are related to price.
Explanation:
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Answers
Answer:
With wwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwhhhhhhhhhhhhhhhhhhhhhhhhhhhaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaattttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt
Explanation:
Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Dmitri lives in Detroit and operates a small company selling drones. On average, he receives $702,000 per year from selling drones. Out of this revenue from sales, he must pay the manufacturer a wholesale cost of $402,000. He also pays several utility companies, as well as his employees wages totaling $279,000. He owns the building that houses his storefront; if he choose to rent it out, he would receive a yearly amount of $8,000 in rent. Assume there is no depreciation in the value of his property over the year. Further, if Dmitri does not operate the drone business, he can work as a programmer and earn a yearly salary of $20,000 with no additional monetary costs, and rent out his storefront at the $8,000 per year rate. There are no other costs faced by Dmitri in running this drone company
Answers
Dmitri's economic profit from operating the drone business is $13,000 per year. In the given scenario, Dmitri's economic profit is positive, indicating that his drone business is generating additional income beyond what he could earn in alternative employment.
Total Revenue: $702,000
Explicit Costs:
- Wholesale cost: $402,000
- Utility expenses + wages: $279,000
Opportunity Costs:
- Foregone rental income: $8,000
- Foregone salary as a programmer: $20,000
Calculating the economic profit:
Total Revenue - (Explicit Costs + Opportunity Costs)
$702,000 - ($402,000 + $279,000 + $8,000 + $20,000) = $13,000
Therefore, Dmitri's economic profit from operating the drone business is $13,000 per year.
This suggests that operating the business is a profitable venture for Dmitri. However, it's important to note that economic profit does not consider all costs, such as the cost of capital and the owner's labor. Additionally, this analysis assumes that the rental income and salary as a programmer are the only feasible alternative uses for Dmitri's resources. Evaluating the long-term sustainability and profitability of the drone business would require considering factors such as market competition, future demand for drones, and potential changes in costs and revenues.
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Brody’s firm produces trumpets in a perfectly competitive market. The table below shows Brody’s total variable cost. He has a fixed cost of $240, and the price per trumpet is $60.
a. Calculate the average total cost of producing 6 trumpets. Show your work.
b.Calculate the marginal cost of producing the 11th trumpet.
c. What is Brody’s profit-maximizing quantity? Use marginal analysis to explain your answer.
d. At the profit-maximizing quantity you determined in part (c), calculate Brody’s profit or loss. Show your work.
e. Brody also produces saxophones at a loss in a perfectly competitive market. Draw a correctly labeled graph for Brody’s firm showing the following at a market price of $200.
- Brody’s profit-maximizing quantity of saxophones
- Brody’s loss, completely shaded
Answers
The given situation is related with allied components of total cost of a trumpet. The answers are:
a) The average total cost of 6 trumpets is $360.
b) The marginal cost of manufacturing the 11th trumpet is $100.
c) Brody’s profit-maximizing quantity is 9 units.
d) At the profit-maximizing quantity in part (c), the Brody’s profit or loss is $ 80.
e) See image.
What is total cost?The total cost represents all the costs incurred by a business to produce a particular level of output. The calculation of this total of fixed and variable costs aids product managers in assessing their overall profit margin.
The said answers are based on the cost concept of micro economics studies made by researchers.
a) The Average total cost (ATC) for 6 trumpets = average variable cost + average fixed cost
ATC ⇒ $120 + $240 = $360
b) Marginal cost of producing the 11th trumpet = Difference between variable cost at 10 units producing and variable cost at 11 units producing. Thus extra unit marginal cost is $100 (390-290)
c) Brody’s profit-maximizing quantity is where the Marginal cost is minimum and the marginal revenue is more than the or equal to marginal cost. At quantity 9 the MR is $60 and $MC is 55 and Profit is $80. (highlighted in image)
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Maleri Designs sells cartons of cloth face masks ($18) and cartons of hand-sanitizer ($9) on eBay. One of their customers, Mod World, purchased 21 cartons for $297. How many of cartons of each did Mod World purchase?
Answers
The cartons of face masks that Maleri Designs sold is 12.
The cartons of hand-sanitizer that Maleri Designs sold is 9.
How many of cartons of each did Mod World purchase?The first step is to develop a set of linear equations that represent the information provided in the question
18a + 9s = 297 equation 1
a + s = 21 equation 2
Where:
a = cartons of cloth face masks bought s = cartons of hand santizer boughtThe two linear equations formed would be solved using the elimination method.
Multiply equation 2 by 18:
18a + 18s = 378 equation 3
Subtract equation 1 from equation 3
9s = 81
Divide both sides of the equation by 9:
s = 81 / 9
s = 9
Substitute for s in equation 2
a + 9 = 21
a = 21 - 9
a = 12
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the fraud triangle contains three elements that must exist for accounting fraud to occur. the elements are: a. motive, opportunity, and means. b. greed, larceny, and access. c. fear, greed, and satisfaction. d. incentive, opportunity, and rationalization.
Answers
The fraud triangle contains three elements that must exist for accounting fraud to occur, the elements are: D. incentive, opportunity, and rationalization.
What is a skimming fraud?A skimming fraud can be defined as a type of fraud that involves a criminal (thief) illegally capturing the credit card information of a cardholder without the holder's knowledge, so as to perform unauthorized transactions with it in the future.
Under the fraud triangle, there are three (3) main elements that helps any accounting fraud to occur and these include the following:
IncentiveOpportunityRationalization.In this context, we can reasonably infer and logically deduce that incentive, opportunity, and rationalization are the three (3) main elements of the fraud triangle paradigm.
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in the indirect method of cash flows, which of the following would be added to net income?
a. a decrease in sales tax payable
b. an increase in inventory
c. a decrease in supplies
d. an increase in prepaid rent
Answers
Answer:
C. A decrease in suppliesExplanation:
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Binayak began business by placing rs600000 into a business
Answers
Answer:
yes he did
Explanation:
Binayak began business by placing Rs, 600000 into a business. The total profit at the end of the year is Rs 8050.
What is business?Business is defined as an economic organization that produces and/or distributes goods and services with the goal of making money and building wealth. Businesses can be either for-profit or nonprofit organizations that aim to further a social cause or generate revenue, as appropriate. An organization's activities are referred to as business functions, and they can be further broken down into core and support functions.
The ratio of A profit to the B profit = 60 x 12 : 48 x 8
= 15 : 8
Now let us consider A profit as 15x and B profit as 8x.
Given 8x = 2800
So, x = 350
Total profit = 15x + 8x
= 23x
So, total profit = 23 x 350
= Rs. 8050
Thus, Binayak began business by placing Rs, 600000 into a business. The total profit at the end of the year is Rs 8050.
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Your question is incomplete, but probably your complete question was
Binayak began business by placing Rs, 600000 into a business. After 4 month B join with the capital of Rs. 48000. At the end of the year B received Rs. 2800 as those of profit. What is the total profit at the end of the year?
Business is a social process . Discuss
Answers
Answer:
Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .
Answer:
Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.
Explanation:
Hope this help BLINK!
You purchased a bond on 12/5/2019 for $104 that makes semi-annual payments of $3. The bond matures on 4/30/2029 and makes its final coupon payment on this date. Par value is 100. The bond makes coupon payments every April 30th and October 30th until maturity.
#16) What was the yield to maturity of this bond on the date it was purchased?
#17) How much accrued interest did you pay on the bond? Use (Actual/Actual) to determine the fraction of the coupon paid.
Answers
To calculate the yield to maturity (YTM) of the bond on the date it was purchased, we need to use the present value formula and solve for the yield. The present value of the bond is equal to the purchase price ($104), and the cash flows are the semi-annual coupon payments ($3) and the face value at maturity ($100). The time period is the number of semi-annual periods remaining until maturity.
#16) Calculating the yield to maturity:
PV = Coupon Payment / (1 + YTM/2) + Coupon Payment / (1 + YTM/2)^2 + ... + Coupon Payment / (1 + YTM/2)^n + Face Value / (1 + YTM/2)^n
PV = $3 / (1 + YTM/2) + $3 / (1 + YTM/2)^2 + ... + $3 / (1 + YTM/2)^19 + $100 / (1 + YTM/2)^19
Since this equation involves trial and error, we can use a financial calculator or software to solve it. The yield to maturity on the purchase date is approximately 2.79%.
#17) To calculate the accrued interest paid on the bond, we need to determine the fraction of the coupon paid based on the actual number of days since the last coupon payment.
The bond pays coupons every April 30th and October 30th. Since the purchase date is on 12/5/2019, we need to determine the number of days between the last coupon payment date (10/30/2019) and the purchase date (12/5/2019).
Number of days between coupon payment and purchase date: 12/5/2019 - 10/30/2019 = 36 days
Using the Actual/Actual convention, we assume a year has 365 days. So the fraction of the coupon paid is calculated as follows:
Fraction of coupon paid = (Number of days between coupon payment and purchase date) / 365
Fraction of coupon paid = 36 / 365 = 0.0986
To calculate the accrued interest paid, we multiply the fraction of the coupon paid by the semi-annual coupon payment:
Accrued interest = Fraction of coupon paid * Semi-annual coupon payment
Accrued interest = 0.0986 * $3 = $0.296
Therefore, you paid approximately $0.296 in accrued interest on the bond.
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Which of the following is a private good? A. a forest used for harvesting wood B. cable TV service C. a city park in Tucson D. a pizza
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A pizza is the private good out of the options provided because it is both excludable and rivalrous.
Excludable means that the good can be restricted to certain individuals or groups, while rivalrous means that one person's consumption of the good reduces the amount available for others.
Out of the options given, the private good is option D, a pizza.
A pizza is a private good because it can be excludable - for example, a restaurant can refuse to serve someone who has not paid for their pizza. It is also rivalrous, as once the pizza is consumed by one person, there is less available for others.
On the other hand, let's analyze the other options:
- Option A, a forest used for harvesting wood, is a common resource. It is non-excludable as it is difficult to prevent people from using the forest, and it is also non-rivalrous as one person's use of the forest does not diminish the amount available for others.
- Option B, cable TV service, is a club good. It is excludable as only those who subscribe to the service can access it, but it is non-rivalrous as one person's consumption does not affect the availability for others.
- Option C, a city park in Tucson, is a public good. It is non-excludable as anyone can access the park, and it is also non-rivalrous as one person's use of the park does not reduce its availability for others.
In summary, a pizza is the private good out of the options provided because it is both excludable and rivalrous.
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On july 1, 2024, charlie company paid $18,000 to rent-an-office for rent covering 18 months from july 2024 through december 2025. what adjusting entry should charlie company record on december 31, 2024?
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Charlie Co. paid $18,000 to Rent-An Office for rent covering 18 months from July 2021 through December 2022. The adjusting entry will be debit rent and credit prepaid expense by $6,000.
The adjustment entry will be:
Rent Expense Dr. 6000
To prepaid expense 6000
2021 Rent Expense = ($18,000/18 months) × 6 months = $6,000.
The cost incurred by a business to use a property or location for an office, retail space, factory, or storage space is referred to as rent expense. Rent expense, as opposed to variable expense, is a type of fixed operating cost or absorption cost for a business.
Rental costs are frequently subject to a one- or two-year contract between the lessor and lessee, with renewal options. Rent can be a significant portion of operating expenses or a minor one, depending on the type of business.
Rent is one of the main operating expenses for retail businesses that do not own their own property, along with employee wages and marketing and advertising costs.
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_______ is a hybrid ADR in which both parties first submit to mediation for a set period of time (perhaps two business days). If the mediation fails, the process then moves to binding arbitration.
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is a hybrid ADR in which both parties first submit to mediation for a set period of time (perhaps two business days). If the mediation fails, the process then moves to binding arbitration.
What is Hybrid ADR ?A hybrid dispute resolution process combines two or more traditional dispute resolution processes into one.
The most common hybrid process is med-arb in which the same individual or dispute resolution forum acts first as a mediator and then if necessary, as an arbitrator.Learn more about Hybrid ADR here:
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One way to increase positive reinforcement, ______________________ involves assisting the client in obtaining everyday necessities, such as a telephone, housing, or a job.
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One way to increase positive reinforcement, and access counseling involves assisting the client in obtaining everyday necessities, such as a telephone, housing, or a job.
Counseling is a collaborative effort between the counselor and the consumer. Expert counselors help customers identify dreams and ability answers to troubles that reason emotional turmoil; are seeking to improve verbal exchange and coping talents; make stronger self-esteem, and sell behavior trade and most useful mental fitness.
Positive reinforcement refers back to the introduction of a proper or high-quality stimulus after a behavior. The proper stimulus reinforces the conduct, making it more likely that the conduct will reoccur
Positive reinforcement refers to the creation of suitable or pleasant stimuli after the overall performance of a behavior. This praise can be used to similarly encourage that conduct, or exchange a pre-existing one. There are four kinds of superb reinforcers: herbal, tangible, social, and token.
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Alright y'all, I made a cover for my powerpoint, for a school project, and it took me an embarrassingly long time to make. Please give me some feedback on it. What do you like and what don't you?(There's no wrong answer, but please give a relevant one because I really want to know what y'all think.)
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Answer:
I saw the pic. I think it looks great :)
Explanation:
Also it doesn't matter how long it took, I bet it feels good knowing you made that yourself.
what is the primary purpose of a mission statement
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Answer: A mission statement is a concise explanation of the organization's reason for existence. It describes the organization's purpose and its overall intention. The mission statement supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholders.