Differentiate among the different types of bonds (Municipal vs
Government vs Corporate)
Answers
municipal bonds are issued by state and local governments, government bonds are issued by national governments, and corporate bonds are issued by corporations. Municipal and government bonds are generally considered less risky, while corporate bonds carry higher risk
Municipal Bonds: Municipal bonds are issued by state and local governments or government entities to finance public projects such as infrastructure development, schools, or hospitals. They are also known as "munis." '
Municipal bonds are typically exempt from federal income tax and may also be exempt from state and local taxes if the investor resides in the issuing jurisdiction. The interest paid on municipal bonds is usually lower than other bonds to compensate for the tax advantages.
Government Bonds: Government bonds are issued by national governments and are considered to have the lowest risk among bond types since they are backed by the full faith and credit of the government.
They include Treasury bonds (issued by the U.S. Treasury), sovereign bonds (issued by foreign governments), and agency bonds (issued by government-sponsored entities). Government bonds are typically considered safer investments and offer lower interest rates compared to other bonds.
Corporate Bonds: Corporate bonds are issued by corporations to raise capital for various purposes, such as expansion, acquisitions, or debt refinancing. They are riskier than government bonds as they are not backed by a government guarantee.
Corporate bonds offer higher interest rates than government bonds to compensate investors for the additional risk. The creditworthiness of the issuing corporation and its ability to repay the bondholders' principal and interest are crucial factors to consider when investing in corporate bonds.
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Related Questions
What is the effect of credit card interest on the real cost of items?
Answers
Answer:
Credit card interest rates, also known as finance charges, vary from one card issuer to another and may also vary across different credit cards from the same issuer. Before getting a credit card, you must be aware of the interest rate charged on it. Unlike other loans, credit card interest rates are usually not linked to the user’s credit score and repayment capacity. Every credit card has a preset finance charge and it will be the same for all the customers.
The most important point to note here is that interest is charged on credit cards only if you have not paid the outstanding amount in full or withdrawn cash from ATMs using the credit card. No interest is charged when you clear your credit card dues on time.
This tectonic plate pushes against the Eurasian plate to form the Alps and other geographical features
Answers
Answer:
African
Explanation:
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock?
Answers
The value of each share if you calculate it as $1,000,000/2,000 =500.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
The process of announcing new shares of stock to the people for the first time in a private company is known as an initial public offering (IPO). An IPO allows a company to request equity capital from the general public.
The business has grown as a pre-IPO private company with a very small number of proprietors who own the stock in the company.
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The complete question is Probably
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =
Question 9 (1 point)
Owning a nursery is a good example of a career in the agriculture, food, and natural
resources career cluster
True
False
Answers
Answer:
True
Explanation:
Nursery refers to a section of a farm where plants are grown up to the desired age before transplanting to bigger fields. They provide a convenient way of taking care of seedlings. Nurseries offer favorable growth conditions for germinating and growing food and non-food plant seedlings.
The agriculture, food, and natural resources cluster comprise all careers related to the creation of agricultural products. Someone who owns a nursery that grows food plants is under this cluster.
Answer:
True
Explanation:
he Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel’s business is highly seasonal, with peaks occurring during the ski season and in the summer. Month Occupancy-Days Electrical Costs January 3,240 $ 8,622 February 3,060 $ 8,228 March 1,150 $ 3,910 April 2,260 $ 7,684 May 4,310 $ 10,984 June 1,270 $ 4,318 July 3,410 $ 9,418 August 640 $ 2,176 September 1,310 $ 4,454 October 3,760 $ 9,738 November 1,330 $ 4,522 December 2,570 $ 7,868 Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount.)
Answers
Answer:
Fixed costs= $640
Variable cost per unit= $2.4
Explanation:
Giving the following information:
Month Occupancy-Days Electrical Costs
January 3,240 $ 8,622
February 3,060 $ 8,228
March 1,150 $ 3,910
April 2,260 $ 7,684
May 4,310 $ 10,984
June 1,270 $ 4,318
July 3,410 $ 9,418
August 640 $ 2,176
September 1,310 $ 4,454
October 3,760 $ 9,738
November 1,330 $ 4,522
December 2,570 $ 7,868
To calculate the unitary variable cost and the fixed cost under the high-low method, we need to use the following formulas:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (10,984 - 2,176) / (4,310 - 640)
Variable cost per unit= $2.4
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 10,984 - (2.4*4,310)
Fixed costs= $640
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 2,176 - (2.4*640)
Fixed costs= $640
Stakeholders and their influence- Who are the stakeholders of your business? How do these stakeholders influence your business? for a pharmacy business
Answers
Answer:
The stakeholders of a pharmacy business include:
Customers: They are the primary stakeholders of the business. They influence the business by determining the demand for the products and services offered by the pharmacy.
Employees: They are responsible for the day-to-day operations of the business. They influence the business by their level of productivity, job satisfaction, and employee retention.
Suppliers: They supply the products and services needed to run the business. They influence the business by their ability to deliver products and services on time and at a reasonable cost.
Shareholders: They own the business and have a vested interest in its financial performance. They influence the business by providing capital and by making decisions about the direction of the business.
Government: They regulate and oversee the pharmacy industry. They influence the business by imposing regulations and laws that the pharmacy must comply with.
Competitors: They also influence the business by determining the level of competition and the prices of products and services in the market.
Community: The community in which the pharmacy is located also influences the business through public opinion and support.
Health Care Providers: They play a vital role in the pharmacy business as they prescribe the medications and influence the demand of the products and services offered by the pharmacy.
Stakeholders influence the pharmacy business by making decisions, providing support, creating competition, and setting regulations. A pharmacy must take into account the interests and needs of all of its stakeholders in order to be successful in the long term.
Explanation:
a corporation chartered in kansas and doing business in kansas is known as a domestic corporation. T/F
Answers
True. A corporation chartered in Kansas and doing business in Kansas is known as a domestic corporation.
The term "domestic corporation" refers to a corporation that is incorporated under the laws of a particular state and conducts its business operations within the same state.
Domestic corporations are distinct from foreign corporations, which are entities incorporated in one state but conducting business operations in another state. Foreign corporations must usually register with the relevant state authorities to conduct business within the state in which they are not incorporated.
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Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.
Answers
The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space
What is the meaning of Choreography?In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.
These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.
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How to be a successful entrepreneur?
Answers
Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
Differentiate between generic and enterprise competition
Answers
Answer:
Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseFor better understanding, lets explain what Differences between generic and enterprise competition
Generic competition is a type of competition that is outward-oriented and focuse on products. the market that exists here consists of those products and services fulfilling the same customer needCompetitive Enterprise is simply when an existing or planned business enterprise are involved or engages in any activity and also owns or controls some a useful interest and are involved in any activity that tends to competes or will compete with other enterpriseFrom the above, we can therefore say that the answer
Differences between generic and enterprise competition
Generic competition is regarded as the third level of competition while enterprise competition is not among the level of competition but it does existGeneric competition are often longer-term and focuses on substitutable product categories that is it exists between business product while Competitive Enterprise is simply a type of competition that exist been enterpriseLearn more about enterprise competition from:
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wallace container company issued $100 par value preferred stock 10 years ago. the stock provided a 5 percent yield at the time of issue. the preferred stock is now selling for $65. what is the current yield or cost of the preferred stock? (disregard flotation costs.)
Answers
Wallace Container Company issued $100 par value preferred stock ten years ago. The stock provided a 5 per cent yield at the time of issue. The preferred stock is now selling for $65. The current yield or cost of the preferred stock is 7.69 per cent.
How to calculate the current yield or cost of the preferred stock?
A simple formula to calculate the current yield or cost of the preferred stock is:
Current Yield or Cost = Annual Dividend / Market Value of Preferred Stock
The annual dividend for the preferred stock is 5 per cent of its par value, i.e., $5 per share.
Since the stock has $100 par value, the annual dividend will be $5 x $100 = $500.
Market Value of Preferred Stock is $65, which is the current selling price of the stock.
Current Yield or Cost = $500 / $65 = 7.69%
Therefore, the current yield or cost of the preferred stock is 7.69 percent.
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Sheffield Company’s standard materials cost per unit of output is $8.20 (2.00 pounds x $4.10). During July, the company purchases and uses 2,700 pounds of materials costing $14,580 in making 1,500 units of finished product.
Compute the total, price, and quantity materials variances.
Answers
The total materials variance for Sheffield Company in July was $2,280 unfavorable, comprising a price variance of $3,780 unfavorable and a quantity variance of $1,500 favorable.
Sheffield Company experienced materials variances in July. The standard materials cost per unit of output is $8.20, calculated as 2.00 pounds multiplied by $4.10. During the month, the company purchased and utilized 2,700 pounds of materials, costing $14,580, to produce 1,500 units of finished products.
The total materials variance can be calculated by comparing the actual cost of materials used to the standard cost. In this case, the actual cost of materials is $14,580, while the standard cost should have been $12,300 (1,500 units x $8.20). The total materials variance is $2,280 unfavorable.
To break down the variance further, the price variance measures the difference between the actual price paid for materials and the standard price. The actual price is $14,580, while the standard price would have been $10,800 (2,700 pounds x $4.10). Therefore, the price variance is $3,780 unfavorable.
The quantity variance, on the other hand, assesses the difference between the actual quantity of materials used and the standard quantity. The actual quantity used is 2,700 pounds, while the standard quantity should have been 3,000 pounds (1,500 units x 2.00 pounds). Hence, the quantity variance is $1,500 favorable.
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Morrigan Department Stores (The Ethics of Forced Software Upgrading)Morrigan Department Stores is a chain of department stores in Australia, New Zealand,Canada, and the United States that sells clothing, shoes, and similar consumer items in aretail setting. The top managers and their staff members meet once a year at the nationalmeeting. This year’s meeting took place in Hawaii—a geographical midpoint for them—andseveral accounting managers participated in a round-table discussion that went as follows:Roberta Gardner (United States): One of our biggest problems in our Aukland office isthe high cost and seemingly constant need to upgrade our hardware and software. Everytime our government changes the tax laws, of course, we must acquire software that reflects those changes. But why do we need new hardware too? All this discussion of‘‘64-bit machines’’ is a mystery to me, but the IT department says the hardware in the oldmachines quickly become outdated.Donalda Shadbolt (New Zealand): I’ll say! If you ask me, all these upgrades are costly,time consuming, and even counter-productive. I do a lot of work on spreadsheets, forexample, and constantly ask myself: ‘‘Why do I have to spend hours relearning how toformat a simple column of numbers in the newest version of Excel?’’ It takes time andeffort, it’s frustrating, and in the end, I’ve spent hours relearning skills that I already knowhowtodointheolderversion.Linda Vivianne (Canada): I know what you mean, but the newer hardware is faster,cheaper, and more capable than the old machines. Hard drives have moving parts in them,for example, and they eventually wear out. The newer software runs under the neweroperating systems, which are also more competent and have more built in security such asantivirus software.Ed Ghymn (Australia): I agree with you, Linda, but I think a lot of these new capabilitiesare more hype than real. If the security software was competent, we wouldn’t need allthose patches and upgrades in the first place. And why must we upgrade so often, just toget newer capabilities that most of us don’t even need?Alex McLeod (Australia): I don’t think anyone can stop the march of progress. I think thereal problem is not the upgrades to new software, but the fact that our company expects usto learn it without proper training. Personally, I don’t buy my boss’s argument that ‘‘you’rea professional and should learn it on your own.’’Linda Vivianne (Canada): I’m also beginning to realize just what advantages there arein outsourcing some of our accounting applications to cloud service providers. Thatwon’t solve all our problems because we all still need word processing and spreadsheetcapabilities, but at least we can let cloud providers deal with the software upgrades for ouraccounting software. Given how dispersed we are, that might also make it easier for us toconsolidate our financial statements at year’s end too.
Questions:
1. Do you think that Roberta Gardner’s description of "64-bit machines is accurate? Why or why not?
2. Many software vendors such as Microsoft, Adobe and Apple ship software packages with both known and unknown defects in them. Do you feel that it is ethical for them to do so? Why or why not?
3. Do you agree or disagree with the argument made in this case that many hardware and software upgrade are unnecessary? Why?
Answers
Roberta Gardner's description of "64-bit machines" is not entirely accurate, It is not ethical for software vendors to ship software packages with known defects in them and partially agree with the argument that many hardware and software upgrades are unnecessary.
1. Roberta Gardner's description of "64-bit machines" is not entirely accurate. she does not provide a clear explanation of what "64-bit machines" are and how they differ from other machines.This is important for running newer software and operating systems, which often require more processing power and memory.
2. It is not ethical for software vendors to ship software packages with known defects in them. This is because it can lead to problems for the end user, such as crashes, data loss, and security vulnerabilities. It is the responsibility of the software vendor to thoroughly test their products and ensure that they are free of defects before releasing them to the public.
3. I partially agree with the argument that many hardware and software upgrades are unnecessary. While it is true that some upgrades may not provide significant benefits to the end user, it is also important to recognize that many upgrades are necessary for security and compatibility reasons.
For example, software vendors often release updates to address security vulnerabilities and ensure that their software is compatible with newer operating systems and hardware.
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Give your suggestions to address the problems and challanges being faced by the migrant workers in foregin employment .
Answers
Answer: Their comfortability relies a lot on what the government would be willing to do to help them. Some of what the government can do, e.g insure them, pension
Explanation:
Their comfortability relies a lot on what the government would be willing to do to help them. Some of what the government can do as as follows;
I) The government can grant them soft loans
ii) The government can consider making it easier for them to easily open SME's
iii) The government can consider making provision for them as regards pensions
iv) The government can insure them
Using the chart, identify an example of absolute advantage for the United States over either Country A or Country B. Be sure to identify the product and the country. Explain how the availability and use of a natural resource may impact advantage.
Answers
Answer:
Absolute advantage is the advantage that a country has when it can produce a particular good or service at a lower cost than other countries.
Explanation:
The United States, in particular, has absolute advantage in the production of oil. Currently, the U.S. is the largest oil producer in the world, with around 15 million barrels a day.
This advantage occurs because the United States has ample oil deposits, both conventional and non-conventional (non-conventional deposits are those that can only be exploited through fracking), and also because the U.S. has the technical capacity, both in terms of infrastructure and human capital, to exploit those oil deposits in a satisfactory manner, and more importantly, in a more efficient and cheaper way than most other countries in the world.
How does the outlook for this job influence decision to pursue it? Does the education required for this match your plans for high school?
Answers
The outlook for this job influence decision to pursue it Looking at process outlook whilst choosing a brand-new function to pursue is an crucial thing to making sure process security. The better the process outlook for that function, the much more likely you're to each locate and maintain a process in that field.
The education required for this match your plans for high school Having a plan in place in which college students can maintain music of those non-public learnings can assist similarly their very own development. For instance, they could file what mastering fashion pleasant fits them. For excessive college college students, this piece of records may be very beneficial in relation to deciding on a college.
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Vane's income tax rate is 30%. In Vane's 20X3 multiple-step income statement, what amount should Vane report as income after income taxes from continuing operations
Answers
Answer:
The correct option is A. $126,000.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.
The explanation to the answer now provided as follows:
A multi-step income statement can be described as an income statement that provides gross profit and each category of expenses and incomes in details to determine the net income of a business for a specified period.
The to determine the amount should Vane report as income after income taxes from continuing operations, we prepared its year-end multiple-step income statement as follows:
Vane Co.
Year-end multiple-step income statement
Particulars $ $
Sales 575,000
Cost of sales (240,000)
Gross income 335,000
Administrative expenses (70,000)
Selling and distribution exp.:
Sales commissions (50,000)
Freight out (15,000) (65,000)
Operating income 200,000
Interest income:
Interest revenue 25,000
Other expenses:
Uncollectible accounts expense (15,000)
Other income (loss):
Loss on sale of equipment (10,000)
Loss on early retirement of LT debt (20,000)
Income before tax 180,000
Tax ($180,000 * 30%) (54,000)
Income after tax 126,000
Therefore, Vane should report $126,000 as income after income taxes from continuing operations. That is, the correct option is A. $126,000.
HELPPPPP ASAPPP PLS!!What is one way to advance a career once you have started a job?
Become popular among your coworkers by keeping bowls of treats on your desk and inviting them to take some whenever they meet.
Seize every opportunity to talk about your accomplishments, especially when important people are around.
O Go to trade shows or professional conferences that are sponsored by various professional organizations
O Try to become a "favorite" among supervisors and other decision makers.
Answers
Answer:
If you want promotion then second but it won't help you anything to your career except promotion. If you want to advance career, you need connection so choose first one.
Isaiah is in his 50s and currently does not have a retirement fund. However, he recently read a few articles about the insufficient savings of people in retirement and, as a result, he decides he wants to start now. He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
Answers
Answer:
Future Value= $158,475.64
Explanation:
Giving the following information:
He saves $500 per month for 15 years and earns 7% by investing in the stock market through an index fund.
I assume we have to determine the value of the investment at the time of retirement.
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 500
n= 15*12= 180
i= 0.07/12= 0.005833
FV= {500*[(1.005833^180) - 1]} / 0.006833
FV= $158,475.64
You are assigned to be the team leader of a group project at your company. You call a meeting with your team but allow everyone to contribute equally in problem-solving, planning, and decision-making. All of the team members have the same level of importance, and each of their contributions is valued equally. What might your view of leadership be
Answers
It was mentioned in lecture that many beers on the supermarket shelves do not advertise it, but are probably safe for people with what condition to consume?
Answers
It was emphasized in the lecture that many beers on the supermarket shelves are probably acceptable for consumption by those with celiac disease even though they do not advertise it.
A disorder known as celiac disease, in which ingesting the meal destroys the small intestine, is brought on by the protein gluten, which is present in wheat, barley, and rye. Traditional beers usually contain gluten since they are prepared with grains like barley, which contain gluten. Therefore, those who have celiac disease shouldn't eat them.
However, some beers are brewed with alternative grains, such as sorghum, rice, or corn, that do not contain gluten, and are safe for people with celiac disease to consume.
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Click on the link below(I will add it below) to access a video on Entrepreneur Mark Zuckerberg. As you watch the video, fill in the notes below that I have added. (to be brainiest you must complete the summary as well) complete a 4-5 sentence summary on the impact Zuckerberg has had on American business.
Entrepreneur Name: Mark Zuckerberg
4 Businesses/Companies (Over the span of their Lifetime):
4 Child-hood Experiences:
Personality Traits
2 Strengths and 2 Weakness
4 Challenging set-backs:
The person that had the most influence on them.
Who:
In 5 sentences answer the following prompt: What is their enduring contribution to American Business?
Answers
Answer:
This is what shows
Explanation:
if prices are fully flexible and can adjust freely to unexpected changes in demand, then the economy will
Answers
If prices are fully flexible and can adjust freely to unexpected changes in demand, then the economy will produce its optimal capacity because the quantity demanded will equal the quantity supplied.
Price flexibility ensures that aggregate output in the long run equals output at full employment. Changes in the price level, in particular, are met by commensurate changes in resource prices, particularly salaries.
A higher or lower price level may cause a temporary increase or drop in real output, above or below full-employment, but in the long run, resource prices adjust and full-employment production is maintained.
If prices are not flexible, if the price of Stuffed Amigos does not fall, if the prices of other items do not fall, and if wages paid to Stuffed Amigos producing labor do not change, the Stuffed Amigos market will not return to its original full-employment equilibrium level.
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The first paragraph of a business letter is the ____.
A. Introduction
B. Addresses
C. Conclusion
D. Supporting details
Answers
Answer:
A. Introduction is the first paragraph
Explanation:
You start with an introduction when writing a business letter
A private pilot wishes to insure his airplane for $200,000. The insurance company estimates that a total loss will occur with probability .002, a 50% loss with probability .01, and a 25% loss with probability .1. Ignoring all other partial losses, what premium should the insurance company charge each year to realize an average profit of $500?
Answers
The insurance company should charge an annual premium of $2,520 to realize an average profit of $500.
To determine the premium that the insurance company should charge, we need to calculate the expected value of the losses and add the desired profit margin.
Given that the private pilot wishes to insure the airplane for $200,000, and the insurance company estimates the probabilities of different loss scenarios, we can calculate the expected value of the losses.
The expected value of a loss is calculated by multiplying the loss amount by its corresponding probability and summing up all the expected losses.
Expected Loss = (Loss Amount) * (Probability)
Total Expected Loss = (0.002 * 200,000) + (0.01 * 0.5 * 200,000) + (0.1 * 0.25 * 200,000)
= 400 + 1,000 + 5,000
= 6,400
To realize an average profit of $500, the insurance company should charge a premium that covers this expected loss and includes the desired profit margin.
Premium = Expected Loss + Desired Profit
= 6,400 + 500
= 6,900
Therefore, the insurance company should charge an annual premium of $6,900 to achieve an average profit of $500.
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This talk was given in 2013. Considering how quickly technology changes, do you think this talk is still applicable to life and technology today?
Answers
Answer:
Typically, yes. It was 2013. But a lot has happened these past years. So I'm leaning on a more side of "No" since it was 2013 like I've said before. technology changes a lot.
Explanation:
Which of the following statements explains the difference between a lease and a loan?
a. At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the
lease company.
b. At the end of a loan, the car still belongs to the lease company, but at the end of a lease the car
belongs to you.
C. A loan requires a large down payment at the beginning while a lease does not.
d. A lease requires a large down payment at the beginning while a loan does not
Answers
Answer:
A. At the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the
lease company.
Explanation:
The following statement which explains the difference between a lease and a loan, at the end of a loan the car belongs to you, but at the end of a lease, the car still belongs to the lease company. Thus, statement 'A' is the correct statement.
What is the difference between a lease and a loan?A lease is a long-term leasing arrangement for the use of a certain piece of equipment, whereas a loan is the borrowing of money. Loans and leases both offer advantages as a form of finance. The following are some crucial factors influencing your choice.
Loan: Typically, rates are variable and dependent on the prime rate or another index, like LIBOR. The monthly payout changes in line with changes in the index. This is advantageous when interest rates are down and harmful when they are rising. Banks won't fund machinery they don't understand or that they believe has little value as collateral.
Lease: Payments are typically fixed for the duration of the lease, barring any unusual terms. Budgeting and cash flow management are greatly facilitated by fixed payments. Because of our own financial capacity, we can finance most types of equipment.
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The roles of ___, ___, and ___ are critical for managers in nonprofit organizations.
Answers
The roles of spokesperson, leader, and resource allocator are critical for managers in non-profit organizations.
What are management's responsibilities in non-profit organizations?The four main areas of planning, organizing, leading, and controlling are how management gurus have divided up management's tasks. The management of nonprofits requires special attention to each area.
How are non-profit organizations run?The nonprofit industry, by definition, works toward humanitarian ends. Because they lack formal hierarchies and managerial structures, many nonprofit organizations are loosely structured and frequently volunteer-driven.
Which managers are critical to advancing innovation?Middle managers are essential for fostering innovation and empowering businesses to adapt quickly to changing conditions. a manager who is in charge of a certain project at work that brings together staff from different levels and functions of the company.
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PLEASE HELP ASAP!!!! (><) IT’S TIMED!!!
Gidgits Galore's payment plan under Chapter 11 was rejected by its committee of creditors, and the court
agreed and dismissed its petition. Gidgits Galore now seeks to file a petition in Chapter 7 to liquidate. The bank loaned Gidgits Galore $10,000 and secured the loan with a lien on 1,000 gidgits but did not file a financing statement. The bank is an unsecured creditor.
True
False
———————-———————————
Choose the term that best matches the description given.
To sell the assets of a business, pay the bills and divide the remainder among stakeholders
1. Default
2. Liquidation
3. Collateral
4. Reorganization
——————————————————
Choose the term that best matches the description given.
Equipment, property or funds owned by a business
1. Assets
2. Collateral
3. Lien
4. Trustee
——————————————————
Answers
Gidgits Galore's payment plan under Chapter 11 was rejected by its committee of creditors, and the court
agreed and dismissed its petition. Gidgits Galore now seeks to file a petition in Chapter 7 to liquidate. The bank loaned Gidgits Galore $10,000 and secured the loan with a lien on 1,000 gidgits but did not file a financing statement. The bank is an unsecured creditor.
True
False
Choose the term that best matches the description given.
To sell the assets of a business, pay the bills and divide the remainder among stakeholders
1. Default
2. Liquidation
3. Collateral
4. Reorganization
Choose the term that best matches the description given.
Equipment, property or funds owned by a business
1. Assets
2. Collateral
3. Lien
4. Trustee
The answers to the questions have been given below
1. It is true that the bank is an unsecured creditor.
2. Liquidation is to sell the assets and share the proceeds among stakeholders.
3. Collateral is the Equipment, property or funds owned by a business.
What does it mean to be liquidated?This refers to the fact that the business is about to go on a shutdown. The assets that the business owns would then have to be shared among all the people that have stakes in it.
Collateral is the property that is used to get a loan. It refers to what the business would give in exchange for the funds that they are to loan.
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7. Nestle products Ltd includes in its account system a
purchase and sales ledger control account. The firms' trial
balance as at 31 March, 2018 includes the following
entries.
Purchases ledger control account
Sales ledger control account
The following is a summary of the firms' transactions with its suppliers:
1. Goods purchased and received from suppliers
(a) Gross invoice value before trade discount
(b) Net invoice price after trade discount
2. Goods returned to suppliers
(a) Gross invoice value before trade discount
(b) Gross invoice/price after trade discount
3. Amount due to suppliers
(a) Total amount
(b) Settled by payment of
4. Goods sold to customers:
(a) gross invoice value price before discount
(b) Net invoice value price after discount
5. Goods returned from customers:
(a) Gross invoice value before trade discount
(b)Net invoice price after trade discount
6. Amount due from customers:
GH¢'000
Dr 1,242
Cr 24,647
Dr 39,650
Cr
941
210,756
176,410
16,476
15,113
163,300
159,400
344,700
310,690
7,600
6,764
(a) Full amount
(b) Settle by receipts of
7. Customers debt written off
Additional information:
• It has been decided to create a provision for doubtful debt at
31/3/18 of 12%2% of the total amount due from customers
indebted to the firm. There was no provision for doubtful debt
in the trial Balance at 31 March, 2019
307,610
306,540
970
• At 31st March, 2019 both the purchases and sales ledgers
included accounts with K. M, purchases ledger GH¢1,630,000
(credit), sales ledger GH¢1,268,000 (debit).
• It has been decided to set off K. M's sales ledger balances
against the balance in purchases ledger. The purchases ledger
at 31st March, 2019 included the following account with debit
balances G. G GH¢930,000, L. B GH/420,000.
• The sales ledger at 31st March, 2019 included the following
accounts with credit balances P. H GH¢230,000, H. P
GH¢83,000, K. B GH¢500,000.
You are required to prepare the following account for the year
ended 31st March 2019 in the books of Nestle products Ltd.
(a) Payables ledger control account
(b) Receivables ledger control account
Answers
The required accounts to be prepared for the year ended 31st March 2019 in the books of Nestle products Ltd are:
(a) Payables ledger control account(b) Receivables ledger control accountTo prepare these accounts, the given information regarding the transactions with suppliers and customers is used. The purchases ledger control account and sales ledger control account balances are also considered. The provision for doubtful debts is accounted for in the receivables ledger control account.
The accounts with K. M are set off against each other. The debit balances in the purchases ledger accounts of G. G and L. B are adjusted, and the credit balances in the sales ledger accounts of P. H, H. P, and K. B are adjusted.
The payables ledger control account is prepared to show the balance owed to suppliers, while the receivables ledger control account is prepared to show the balance owed by customers. These accounts help in determining the total payables and receivables of the company at the end of the financial year.
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