(a) The prepared Cash Budget for January and February are:
January:
Beginning cash balance: $135,000Collections from customers: $246,500Payments for direct materials: $(155,000)Direct labor: $(90,000)Manufacturing overhead: $(63,000)Selling and administrative expenses: $(45,000)Sales of marketable securities: $36,000Ending cash balance: $194,500February:
Beginning cash balance: $194,500Collections from customers: $435,000Payments for direct materials: $(240,000)Direct labor: $(135,000)Manufacturing overhead: $(75,000)Selling and administrative expenses: $(60,000)Ending cash balance: $269,500(b)
(1) March Cash Budget (assuming no sale of marketable securities)
Beginning cash balance: $269,500Collections from customers: $375,000Payments for direct materials: $(206,000)Direct labor: $(116,000)Manufacturing overhead: $(64,500)Selling and administrative expenses: $(51,600)Ending cash balance: $166,400(2) The maximum amount the company can borrow during March is $75,000
(3)The amount the company need to borrow if the marketable securities are sold is $5,600
(4) My Comment on the status of the company’s cash budget for March is that The company's cash budget for March is not adequate as the ending cash balance is less than the minimum desired balance of $60,000 even if the company sells the marketable securities.
What is the cash budget?(2) The company can borrow up to $75,000 from the bank. The ending cash balance is $166,400, which is less than the minimum desired balance of $60,000. Therefore, the company needs to borrow more money.
(3) If the marketable securities are sold, the company will have additional cash of $50,000. So, the company needs to borrow $5,600 ($60,000 - $50,000 - $166,400)
(4) The company needs to borrow money from the bank in order to have an adequate cash balance. Depending on the interest rate and the terms of the loan, it's important for the company to assess the costs and benefits of borrowing. It may be beneficial for the company to look for other ways to increase cash balance such as by increasing revenues, cutting costs, or finding alternative sources of financing.
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What is the primary objective of most businesses
3. You should always make sure you have a...
Credit card
Direct deposit
Credit line
Budget
You must therefore make sure we have a budget, goes their suggested remark.
What makes it a budget?Budgeting comes derived from this same Old French word bougette, which means "small sack." The British treasurer of the Exchequer is referred to as "opening" his budget, or basket of documentation and accounts, when he presents his yearly financial statement.
Who created the budget?James Wilson delivered a first Indian Budget dated February 18, 1869. Wilson founded The Economist and served as the economic representative of the India Council, which provided advice to the viceroy of India. Karl Marx referred him Wilson as a "economical mandarin of great standing."
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If you have money in a savings account, you will do better if the bank pays you ___________., a. simple interest, b. compound interest, c. it doesn't matter whether the interest in simple or compound, it's only the interest rate that matters, d. the question cannot be answered because banks rarely pay compound interest on savings accounts
the answer c. it doesn't matter whether the interest in simple or compound, it's only the interest rate that matters. is the wrong answer
Answer:
compound interest
Explanation:
This is when you earn interest on both money you've saved and the interest you earn.
Entities such as offer certifications and qualifications in accounting that will help increase your future earning potential, deepen your knowledge, and enhance your credibility in the field.
There are numerous other professional associations, such as the institute of management, accountants, and American association of finance and accounting .
What is certifications and qualifications in accounting ?So joining one of these organisations can help you improve your knowledge, raise your standing in the accounting community, and increase your earnings in the future.
In the United States, the CPA licence is the most widely used accounting credential for positions in accounting and finance. Your proficiency in tax, compliance, risk management, forensic accounting, and other fields is recognised by this accreditation.
A well-known accounting certification can help you get work, boost your marketability, and give you and your company professional credibility in a cutthroat industry.
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Which of the following statements about effective global leadership are NOT true?
A. In collectivist cultures, employees typically value their autonomy, and are unlikely to be motivated by fringe benefits and training provided by the employer.
B. High power distance implies that people would be more motivated by teamwork and relations with peers.
C. High masculinity suggests that most people would be more comfortable with the traditional division of work and roles; in a more feminine culture, the boundaries could be looser, motivating people through more flexible roles and work networks.
D. The higher the level of "masculinity" (such as in Japan and Mexico), the more motivated employees were by being given opportunities for high pay, personal accomplishment, and job advancement.
E. Traditional Chinese management style focuses on human-centredness, family-centredness, and centralisation of power.
High power distance suggests that individuals would be more motivated by group dynamics and peer relationships. As a result, choice (B) is appropriate.
What is global leadership?Global leadership is the interdisciplinary study of the critical skills that future leaders in all spheres of the personal experience should master in order to effectively become familiar with the psychological, physiological, geographical, geopolitical, anthropological, and sociological effects of globalization.
When a person or people use a global mentality to lead collaborative efforts between various stakeholders through an environmental complexity toward a vision, this is known as global leadership. To enable today's complicated processes of information sharing around the world, global leaders must be able to connect people from different nations and engage them in global team collaboration.
Hence option (B) is accurate.
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Working with people includes careers such as child care workers, social workers, and doctors.
O True
False
Answer:
I think false
Explanation:
because basta
gue which profitability ratio would be the deciding factor if investors were going to invest in an agricultural
co-op.?
Answer: yes
Explanation:
If the present value of my investment is S9,000 and the rate of interest is 3⅓% compounded annually, what will the value be after 4 years?
The value after 4 years will be $10327.71 with the present value of $9000.
What is compound interest?Compound interest, often known as interest on interest, is the practice of adding interest to the principal amount of a loan or deposit. It occurs when interest is reinvested rather being paid out, resulting in interest being generated on both the principal amount and any accumulated interest over the next period.
What is the investment?An asset that is developed with the purpose of enabling money to accumulate is essentially what an investment is. The wealth generated can be used for a variety of objectives, including bridging income gaps, saving for retirement, or carrying out certain particular commitments like loan repayment, tuition payment, or the acquisition of other assets.
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Which do you think is the best interest when you save money? Explain your answer.
When saving money, the best interest would be A. Based on financial goals and risk tolerance.
What determines the best interest when saving money ?The best interest when saving money will depend on the individual's financial goals and risk tolerance. Generally speaking, the best interest rate on savings accounts is the one that offers the highest return on investment while also being safe and accessible.
It's important to keep in mind that the best option will depend on the individual's financial goals, risk tolerance, and the amount of money they have to save. For short-term goals, a high-yield savings account or a CD may be the best option. For longer-term goals, an investment in bonds or money market funds may be more appropriate. Consult with a financial advisor or a professional before making any decision.
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Options for this question include:
Based on financial goals and risk tolerance. Based on the amount of money to be madeBased on the location of the investmentexplain any 2 functions of MBBS doctor.
Answer:
Two functions of MBBS doctors are diagnosing and treating medical conditions and providing preventive care. Diagnosing and treating medical conditions involves using medical history, physical examinations, lab tests, and other diagnostic procedures to identify and treat illnesses, diseases, and injuries. Preventive care includes providing advice about healthy lifestyle choices, such as diet, exercise, and stress management, as well as providing immunizations, screenings, and other preventive measures.
Explanation:
A 10-K financial report must be filed if a
company has $10 million in
A. assets
B. stocks
C. liabilities
Jane plans on making flyers for the church bake sale. But she's running low on printer paper, so she takes home some paper from work to print them out. It's for
a good cause, but is this ethical?
Yes
No
It is not ethical for Jane to take papers from work to print flyers for the church bake sale. While the bake sale may be for a good cause, it is not appropriate for Jane to use resources from her work for personal gain or for the benefit of a third party.
Using company resources for personal or external purposes is generally considered to be a violation of ethical standards and workplace policies. In most cases, employees are expected to use company resources only for business-related purposes, and any personal use is strictly prohibited. This includes using company resources such as office supplies, equipment, and facilities for personal projects or for the benefit of a third party.
In addition to the ethical concerns, there may also be practical considerations to consider. For example, if Jane takes a significant amount of paper from work, it could potentially impact the company's operations or disrupt the workflow of her coworkers.
Overall, it is important for Jane to act responsibly and ethically in her use of company resources. Instead of taking papers from work, it would be more appropriate for her to purchase her own paper or seek permission from her employer before using company resources for personal purposes.
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Limitations of direction
Answer:
Explanation: Managament techniques should be adjusted according to specific circumstances.
one techniques maybe good in one situation but maybe not good in other situation.
principles of management are not static in nature.
management is concerned with the human element in an organization.
which one is correct about HRM
Human resource management or HRM is a very important factor in any business organisation. HRM means effective and efficient management of the employees working in the company.
What is HRM?Many business organisations are successful because of the right team and dedicated employees. They consider the employees as one of the greatest assets.
The human resource manager for the HR head of the department needs to be sensitive and understanding toward the problems or aspirations of the employees.
This would help to retain the hard-working and honest employees who would intern give a competitive advantage to the business.
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what is a stock exchange listing?
Answer:
In corporate finance, a listing refers to the company's shares being on the list or bored of stock that are officially traded on a stock
Explanation:
Communication which occurs via staff meeting would fall under which
category?
A. horizontal
C. vertical
B. a synchronous
D. Synchronous
Synchronous communication is the category that would best describe communication which occurs via staff meeting.
What is Synchronous?Synchronous communication is a type of communication that occurs in real-time. It is a two-way process in which both parties involved must be present and actively participating in order for information to be exchanged. The exchange of information is immediate and occurs at the same time; there is no lag time or waiting period.
Synchronous communication is when two or more people are communicating at the same time, such as in a meeting or face-to-face. Horizontal communication is when communication occurs between people at the same level in an organization, while vertical communication is communication between people at different levels in an organization.
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explain the two types of tertiary production
In economics, the types of tertiary production is categorized into:
Personal servicesBusiness services.What does tertiary production entails in the field?Tertiary production refers to the service sector of an economy, and it can be divided into two types:
Personal services: This type of tertiary production includes services that are directed at individuals and families, such as healthcare, education, and personal care services.Business services: This type of tertiary production includes services that are directed at businesses and organizations, such as financial services, consulting, and legal services.As well, personal services tend to be more labor-intensive and face-to-face, while business services tend to be more technology-intensive and impersonal. Both types of tertiary production are important for the functioning of an economy and the well-being of its citizens.
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what symptom must be reported to a manger
vomiting, diarrhea, jaundice, or a fever accompanied by a sore throat
Please suggest a sampling method to have a sample size of 100 samples from a total of 500 students (in which: 200 Business Administration students, 150 Languages students and 150 IT students). It is required that each member have an equal chance of being selected and that the sample contains enough students from the 3 majors mentioned
One sampling method that could be used to select a sample of 100 students from a total population of 500 students with three different majors (Business Administration, Languages, and IT) is simple random sampling. In simple random sampling, each member of the population has an equal chance of being selected for the sample.
To implement this sampling method, you could follow these steps:
List all 500 students in a table, including their major (Business Administration, Languages, or IT).Assign a unique number to each student (e.g. 1 to 500).Use a random number generator or a table of random numbers to select 100 numbers between 1 and 500. These numbers will correspond to the students who are selected for the sample.Check the list of students to see which students have been selected based on the numbers that were generated. These students will be included in the sample.This sampling method will ensure that each student has an equal chance of being selected for the sample, and it will also ensure that the sample contains enough students from each major.
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On a business's income statement, inventory affects
On a business's income statement, inventory affects the balance of retained earnings on the statement of retained earnings.
What is income ?Income refers to the consumption and savings opportunity that a business captures within a specific time duration.Income is difficult to define conceptually and its definition varies from region to region. The term "revenue" generally refers to the transfer of money, property, and other value received over a period of time in exchange for services or products. Income is defined according to the context in which the term is used. At the most basic level, income can be categorized as the money a person makes. Income can be received from a variety of areas. Wages, dividends, self-employment, etc. Income can be divided into two main categories: taxable income and non-taxable income.To learn more about income from the given link :
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Answer: net income
Explanation: just took the quix
3. Which of the following is considered inelastic?
O cable television
O designer clothes
O house
O candy
The correct answer is Candy
Tandang Sora has deposited P33,000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years earning interest. If the goal of this deposit is to cover a future obligation of P65,000, what recommendation would you make to Tandang Sora?
If Tandang Sora has deposited P33,000 today in an account which will earn 10 percent annually in which she plans to leave the funds in this account for seven years earning interest. The recommendation i would you make to Tandang Sora is: to find an account with either a higher interest rate or deposit a larger sum today.
How to find the face value and the present value?Face Value = 33,000(1.+.10)^7
Face Value = 33,000(1.1)^7
Face value = $64,308
Aunt Tillie will tend to only have to make the amount of $64,308 at the end of seven years based on the given stated arrangement.
Hence, she will have to find an account with either a higher interest rate or deposit a larger sum today.
So, the amount Aunt Tillie should invest today to receive $65,000 after 7 years is calculated as:
Present value = 65,000 / (1.+.10)^7
Present value = 65,000 / (1.1)^7
Present value = $33,355.28
Therefore she should find an account with either a higher interest rate or deposit a larger sum today.
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How could a new manager use Vineet Nayar's principle of "employees first, customers second (EFCS)"?
Employing a bossless environment
Recognizing and providing learning opportunities as needed
Keeping tabs on every detail of an employee's project
Keeping the status quo in their current environment
Answer:
Vineet Nayar's principle of "employees first, customers second" suggests that a manager should prioritize the well-being and development of their employees in order to ultimately improve the experience for customers. There are several ways a new manager could put this principle into practice:
Implementing a "bossless" environment: One way to empower employees is by creating a flat organizational structure where decision-making is decentralized. This can create a sense of ownership among employees, and they may feel more motivated to work towards achieving company goals.
Recognizing and providing learning opportunities: A manager can invest in the development of their employees by recognizing their strengths and providing them with opportunities to learn new skills. This can help employees to advance in their careers, which can ultimately lead to a more motivated and engaged workforce.
Keeping tabs on every detail of an employee's project: A manager who is invested in the success of their employees will want to stay informed about the progress of their projects. Keeping close tabs on an employee's project can help a manager to identify and address any roadblocks or issues that might be preventing the employee from reaching their full potential.
Keeping the status quo: The principle of EFCS is not about keeping everything the same, the idea is to focus on employee first and they will bring the change that customer needs. A manager should be open to change and experimentation. While it's important to maintain a sense of stability in the workplace, it's also important to be open to new ideas and approaches to improving the experience for both employees and customers.
It's worth noting that implementing EFCS takes time and needs to be approached with a sense of empathy. Putting this principle in practice requires a manager to have a deep understanding of their employees' needs and aspirations, and to be willing to make changes to the organization and to their own management style in order to create a more positive and fulfilling work environment for everyone.
Consider the recorded transactions below.
1. Accounts Receivable
Service Revenue
2. Supplies
Accounts Payable
3. Cash
Accounts Receivable
4. Advertising Expense
Cash
5. Accounts Payable
Cash
6. Cash
Deferred Revenue
Beg. bal
End bal.
Debit
Cash
8,800
1,600
8,800
1,100
2,300
1,200
Credit
8,800
1,600
8,800
1,100
Required:
Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before
the transactions is: Cash, $2,000; Accounts Receivable, $2,800; Supplies, $260; Accounts Payable, $2,100; Deferred Revenue, $160.
Service Revenue and Advertising Expense each have a beginning balance of zero.
The beginning balance of each account before the transactions is: Cash, $3,400; Accounts Receivable,$4,200; Supplies, $400; Accounts Payable,$3,500; Deferred Revenue, $300. Service Revenue and Advertising Expense each have a beginning balance of zero.
What are Transactions?An executed contract between a buyer and a seller to trade goods, services, or financial assets in exchange for money is known as a transaction.
The phrase is also frequently used in business accounting. This straightforward definition might be challenging in corporate bookkeeping.
Depending on whether a corporation utilizes accrual accounting or cash accounting, it may record a transaction sooner or later.
Therefore, The beginning balance of each account before the transactions is: Cash, $3,400; Accounts Receivable,$4,200; Supplies, $400; Accounts Payable,$3,500; Deferred Revenue, $300. Service Revenue and Advertising Expense each have a beginning balance of zero.
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When an employee of a business gives
secret information to a non-employee,
this is called
A. insider trading
B. trading
C. closed trading
When an employee of a business gives secret information to a non-employee, this is called insider trading .Thus, option (A) insider trading is the correct option
Insider trading refers to the illegal practice of using non-public information to gain an unfair advantage in the stock market. In this case, if an employee of a business gives secret information to a non-employee, they would be engaging in insider trading as they are using insider knowledge to potentially profit in the stock market.
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5. On the job, Candice coordinates the work of a small group
of people and acts as a catalyst. Her job title is most likely
a. vice president.
b. middle manager.
c. general manager.
d. team leader.
The correct option d. team leader, best describe the role of Candice who coordinates the small group of people.
Define the roles of term team leader and its roles?An professional who directs, teaches, and guides a team of individuals who work as a team is known as a team leader.
This definition states that a team leader must be able to effectively communicate, supervise the work of many others, and resolve any issues that may develop throughout a project. The team leader must ensure that all team members receive the essential information, remove barriers to production, inspire team members, and offer support to the group in order to fulfill their many crucial duties. The job description of a team leader outlines how the leader aids team members in achieving their objectives and adding to the expansion of a business. Team leaders encourage open and productive communication within their workplace and serve as an example to others.To know more about the team leader, here
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If a firm is operating at a point on its long-run average total cost curve where the slope is negative, it
is
O experiencing increasing returns to scale
O experiencing constant returns to scale
O experiencing decreasing returns to scale
O achieving efficient scale
O
making progressively less as it increases its inputs
A company is enjoying growing returns to scale if it is performing at a position on its long-run total cost average curve at which slope is negative.
What in business is the firm?A partnership is a for-profit enterprise that often takes the form of a partnership and offers professional services like accountancy or legal counsel. According to the philosophy of the firm, places operate to maximize profits.
Why does "firm" signify "company"?The phrase "business house" first appeared there in English language in 1744, according to an International Etymology Dictionary. It is said to have originated from the German term Firma, which meant "a firm, name of either a firm" and was derived as from Italian words Firma, which meant "signature," and Firmare, which meant "to sign."
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The graph represents the market for artichokes (in pounds per week) at a Midwest farmers' market. Suppose the equilibrium price of
artichokes is $3 per pound and the equilibrium quantity is 100 pounds of artichokes per week.
Using the graph determine how much economic surplus is generated in the market each week.
4
Economic surplus: $
The producer surplus created for suppliers of artichokes each week are $100.
What is surplus?When you have more of something that you need or expect to utilize, you have a surplus. When there is extra stockpile is, when the quantity given exceeds the quantity requested—a market surplus occurs. Surplus is an economic phrase that refers to the amount of advantage or sources to support by consumers and manufacturers when they exchange goods and services.
Equilibrium price = $3 per pound
Equilibrium quantity = 100 pounds
Y-intercept of supply curve = $1 per pound
Determine the Producer Surplus -
producer surplus = 1/2 × [Equilibrium price - Y-intercept of supply curve] × Equilibrium quantity
producer surplus = 1/2 × [$3 - $1] × 100
producer surplus = 1/2 × [$2] × 100
producer surplus = 1/2 × 200
PS = $100
Thus, the producer surplus created for suppliers of artichokes each week are $100.
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Your question is incomplete, but most probably the full question was.
The graph represents the market for artichokes (in pounds per week) at a Midwest farmers' market. If the equilibrium price is $3 per pound and the equilibrium quantity is 100 pounds per week, what is the producer surplus created for suppliers of artichokes each week?Mary is a second year college stundent and wants to earn extra pocket money . she is good in making hand burgers,so she is considering opening up a hamburger stall on weekends at the local flea market near the compus. after investigating, she found the following: she can rent an exclusive site for R300 a day , payable in cash . this site can be rented for 10 hours per day . the existing major competitor in the flea market is selling hamburgers at R15 each. she reckons she will do well if she can sell better quality double cheese burger at the same price. she further decided to rent a fully equipped trailer , custom made for hamburgers stall with all additional accessories e.g signboards, gas ect. the rent is R460 per day. she would like to generate a salary of R500 per day plus an additional R240 per day for her little siister that would like to help her and also earn a little money. Mary further found that the ingredients of 1 hamburger add up to exactly R5. she also decided to rent a sign to fit above the trailer for R500 per day . Mary would like to know: how many hamburgers must she sell per day to cover her cost? motivate your answer by completing the table
Refer to Figure 5-1. With reference to Graph A, at a price of $10, total revenue equals:
A. $ 1,000.
B. $ 500.
C. $ 400.
D. $ 200.
Question 8
Refer to Figure 5-1. With reference to Graph A, at a price of $5, total revenue equals:
A. $200.
B. $400.
C. $500.
D. $1,000.
Question 9
Refer to Figure 5-1. Graph B represents a demand curve that is relatively . . Total revenue as the price decreases from $10 to $5.
A. inelastic; decreases
B. elastic; decreases
C. elastic, increases
D. inelastic; increases
According to the Graph A, at a price of $10, total revenue equals $ 400. Graph A, at a price of $5, total revenue equals $ 500. So, the correct option is 1(C), 2(C), 3(A).
What do you mean by the demand curve?A visual illustration of the link between product price and quantity desired in economics. The graph is built with amount demanded on the horizontal axis and price on the vertical axis.
Individual demand curves and market demand curves are the two forms of demand curves. A graphic depiction of the demand timetable is shown.
Here,
(1) With reference to Graph A:-
Price = $10
Corresponding quantity demanded = 40
Total Revenue= Price × Demand
Total Revenue = 10 × 40
Total Revenue = $ 400.
(2) With reference to Graph A:-
Price = $5
Corresponding quantity demanded = 100
Total Revenue= Price × Demand
Total Revenue = 5 × 100
Total Revenue = $ 500
(3) With reference to graph B, the demand is relatively inelastic as there is no major change in the quantity demanded due to greater price change. The total revenue also decrease when price decreases from $10 to $ 5.
Total Revenue at Price $10 = 10*30 = $300
Total Revenue at Price $5 = 5 * 40 = $200
So there is a decrease of total revenue by an amount of $100.
Hence, it represents the inelastic; decreases.
Therefore, from the following statements:
The Graph A, at a price of $10, total revenue equals $ 400. The Graph A, at a price of $5, total revenue equals $ 500. It represents the inelastic; decreases.To know more about the demand curve, visit:
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