These sums together give us a total budgeted sales figure of $2,705,000 for the three months ending March 31, 2021.
Prepare the total budgeted sales in dollars for the quarter ended March 31,We must multiply the number of budgeted units for sales by the respective expected selling prices, then add the results to determine the total budgeted sales in dollars for the quarter ending March 31, 2021.
The projected sales for January would be 25,000 units at a price of $12 each, or $300,000.
The estimated sales for February would be $55,000 * $15/unit, or $825,000.
The projected sales for March would be 35,000 units at a cost of $20 each, or $700,000.
The estimated sales for April would be 40,000 units at a cost of $22 each, or $880,000.
These sums together give us a total budgeted sales figure of $2,705,000 for the three months ending March 31, 2021.
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Credit is Costly Chapter 4 Lesson 4
The 4th chapter - Credit is Costly of Dave Ramseys' Workbook provides important terms relating to credit.
The key terms relating to Credit are given as follows:
• Annual Fee: A fee charged by a credit card company for the use of their credit card.
• Credit Limit: The maximum amount of money the lender is willing to loan to an applicant.
• Finance Charge: The total cost of using credit, including interest and fees.
• Origination Fee: A charge for setting up a loan, often associated with home loans.
• Loan Term: The length of time a borrower has to repay a loan. Remember, the longer the loan term, the lower the monthly payment, but the greater the interest paid over time.
• Grace Period: The length of time that the lender charges no interest on money borrowed when the borrower pays off their balance in full each month.
• Annual Percentage Rate (APR): The cost of the loan each year expressed as a percentage. All lenders are required by law to calculate APR the same way.
• Introductory Rate: A lower interest rate offered by credit card companies, usually for a short period of time, to entice customers to sign up for credit with them. Eventually, the introductory rate expires and a new, increased rate takes effect.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
What are the key terms discussed in Credit is Costly Chapter 4 Lesson 4 of Dave Ramseys' Workbook?
1: Which of the following is an injection into the circular
flow of income?
A) The customs duties levied on luxury imports into the
country
B) The purchase by foreign firms of goods produced by
local firms
c) The higher interest rate offered to local savers, who open
deposits in foreign currency with local financial
institutions
D) The closure of a special government employment
targeted scheme (JEEP)
Answer:
B
Explanation:
Investment, government spending, and exports rapidly boost an economy's whole demand, which further increases the level of income or output. They can be regarded as injections to the circular flow of income.
Answer the question below Bonnie puts $100.00 into an account to use for school expenses. The account earns 6% interest, compounded annually. How much will be in the account after 6 years?
Answer:
Explanation:
To calculate the future value of the account after 6 years of earning interest, we can use the formula:
FV = P * (1 + r/n)^(n*t)
Where:
P = the principal amount (the initial deposit)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the number of years
In this case, P = $100.00, r = 6% = 0.06, n = 1 (compounded annually), and t = 6 years. Plugging these values into the formula, we get:
FV = $100.00 * (1 + 0.06/1)^(1*6)
FV = $100.00 * (1.06)^6
FV = $133.82
Therefore, the amount in the account after 6 years would be $133.82.
'Refer to the above diagrams. The numbers in parentheses after the AD1, AD2, and AD3 labels indicate the levels of investment spending associated with each curve, respectively. All numbers are in billions of dollars. If the interest rate is 8 percent and the goal of the Fed is full-employment output of Qf, it should:decrease the interest rate from 8 to 6 percent.increase the interest rate from 4 percent to 6 percent.increase the supply of Federal funds.maintain the interest rate at 6 percent.
Based on the available data, the Fed may need to enhance the supply of Federal funds by lowering the interest rate from 8 to 6 percent in order to promote investment spending and overall demand if its objective is full-employment production of Qf.
What are the Fed's upward and downward policies?Suppose that the price level is adjustable in both directions and that the Fed's goal is to prevent either an increase or a decrease in the price level. if the overall supply of goods and services rises.
What is the Reserve Bank of India's RBI interest rate called?The Reserve Bank of India (RBI) lends money to commercial banks or other financial institutions in India at a rate known as the repo rate (RR).
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how effective is it to request that mark who has been on the team for 2 months helps you
The effectiveness of this approach depends on several factors, including the nature of the task, Mark's skills and expertise, his workload and availability, and the context of your relationship with him.
Firstly, it's important to assess whether Mark has the necessary skills and expertise to assist you with the task. If he has been on the team for two months, he may not be fully familiar with all the aspects of the job, but he may have some unique skills or knowledge that can be helpful. In this case, you should clearly communicate the specific task and what you need from Mark, so that he can provide the appropriate assistance.
Secondly, it's important to consider Mark's workload and availability. If he is already overloaded with tasks, he may not be able to provide the necessary support, or he may not be able to meet your timeline. Therefore, it's important to communicate with him in advance and understand his workload and availability before requesting his assistance. Finally, the context of your relationship with Mark is also important. If you have a good working relationship and have previously worked well together, he may be more willing to help you. On the other hand, if you have not worked together before or have had a negative interaction, he may be less willing to provide support. In summary, requesting Mark's assistance can be an effective strategy, provided that you consider the nature of the task, Mark's skills and availability, and the context of your relationship with him. Clear communication and collaboration are key to making this approach successful.
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What is the last step in balancing a T-account?
The last step in balancing a T-account is to ensure that the debit and credit sides of the account are equal, and that the balance is properly transferred to the appropriate financial statement.
Cindy forgot to set the parking brake in her car and left it in neutral. As a result her car rolled down her driveway and hit her neighbor's fence. Which of Cindy's coverages will pay for the neighbor's fence?
Cindy's property damage liability coverage will pay for her neighbor's fence.
Why is it?
This coverage is included in most auto insurance policies and covers damages that the policyholder (Cindy) causes to another person's property while driving.
In this case, Cindy's car caused damage to her neighbor's fence, so her property damage liability coverage will cover the cost of repairing or replacing the fence. It's important to note that liability coverage only covers damages that the policyholder is legally responsible for, so if Cindy's neighbor was partly or fully responsible for the accident, the coverage may not apply.
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complete question:
Which of Cindy's coverages will provide coverage for the damage to her neighbor's fence after her car, which was left in neutral without the parking brake set, rolled down her driveway and collided with the fence?
If the APR on a credit card is 16.9%, what is the daily percentage rate (DPR)?
The stated annual percentage rate (APR) on a credit card is 17.8%, which is equal to 0.040% daily percentage rate (DPR).
What is a credit card's daily percentage rate (DPR) if the APR is 16.9%?Look at your monthly statements to get your current annual percentage rate. Divide the annual percentage rate (APR) by 365 to get the daily percentage rate (DPR) (the number of days in a year).
Assuming that a credit card's annual percentage rate (APR) is 17.8%.
Using the supplied yearly % on a credit card, we now need to get the daily percentage rate (DPR).
So, given APR = 17.8%
Now, daily percentage rate will be:
⇒ Daily percentage rate = the Annual Percentage Rate ÷ 365
⇒ DPR = APR / 365
⇒ DPR = 16.9% ÷ 365
⇒ DPR = 0.040%
Therefore, the daily percentage rate (DPR) is equal to 0.040%.
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What should you click and drag to rotate an image or text box?
O the top right corner of the image or text box
O the clear arrow above the image or text box
the lower left corner of the image or text box
O the red box at the center of the image or text box
To rotate an image or text box, you should: A. the top right corner of the image or text box.
What should you click and drag to rotate an image or text box?Typically, when you hover your mouse over the corner of the image or text box, the cursor will change to a curved arrow, indicating that you can click and drag to rotate the element.
This allows you to freely adjust the angle of the element to your desired orientation. Some software may have slightly different interfaces, but in general, rotating an image or text box by clicking and dragging the top right corner is a common method across many applications.
Therefore the correct option is A.
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Answer:
B) the clear arrow above the image or text box
Seller always prefer higher to lower prices. Do you agree or disagree? Explain your answer.
Answer:
No, buyers prefer low prices to high prices.
Explanation:
This is because every person aims at spending less money and gaining more goods.
what is a tax you pay on your income known as
Answer:
Income Tax.
Explanation:
Income tax is levied on incomes, especially an annual government tax on personal incomes.
Why is it important to balance a ledger account?
Answer:
balancing a ledger account is a crucial step in maintaining accurate financial records and ensuring that financial statements are reliable and trustworthy.
Explanation:
19
and 7
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If a bond is trading at a discount, price volatility is greatest for a bond having
I low interest rates
II high interest rates
III short term maturities
IV long term maturities
Answer:
21
Explanation:
high number in see vdejf a good time for a call today and
Explain to Alana why she might not want to accuse her boss just yet but instead explain why she is bringing home less pay than she thinks she should be.
Answer:
Alana, before jumping to the conclusion that your boss is intentionally underpaying you, it's important to investigate the situation and try to understand what might be causing the discrepancy in your pay. There could be several reasons why you are bringing home less pay than you think you should be.
For example, there may have been a mistake in calculating your pay, or there could be deductions such as taxes, social security, or health insurance that are reducing your take-home pay. Additionally, your boss may have made changes to your employment agreement, such as reducing your hours or changing your job responsibilities, which could have affected your pay.
Before accusing your boss of underpaying you, it's important to gather information and evidence to support your claim. You may want to review your pay stubs, employment agreement, and other documentation to ensure that there are no errors or discrepancies. If you do find an issue with your pay, it's best to approach your boss in a calm and professional manner and explain your concerns. By doing so, you can work together to resolve the issue and ensure that you are receiving the correct amount of pay.
In summary, it's important to approach the situation with an open mind and gather information before accusing your boss of wrongdoing. By explaining your concerns and working together, you can find a solution to the problem and ensure that you are receiving fair pay.
OSHA does not cover_____ businesses
Small
Large
Private
Self-employed
Omar wants to know how his organization has been doing financially over the last year he wants to also compare this information to the previous years data what type of spreadsheet document should he use
Answer: Profit-and-loss statement
Explanation: yes
If exports rises by $300 million in an economy where the marginal propensity to spend is 0.6 then GDP will rise by Select one: O a. $500 million. O b. $750 million. O c. $1,250 million. d. $833 million.
Answer:
Explanation:
WTmonkie IS THIS
Accountants think of revenue as the difference between a firm's profits and the expenses it incurs to generate that revenue true or false
True, revenue is the difference between a company's profits and the costs it incurs to generate that revenue, according to accountants.
How does revenue work?The total amount of money a company makes from the sale of goods or services related to its primary operations is called revenue. The amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs is referred to as profit, or net profit or the bottom line.
Due to its position at the top of the income statement, revenue is frequently referred to as the "top line." The company's income before expenses are deducted is referred to as the revenue number.
For instance, a shoe retailer's revenue is the money it makes from selling shoes before deducting any costs. If the company also has income from investments or a subsidiary company, that income is not considered revenue. This is because it is not generated by shoe sales. Each type of expense and additional source of income is separately accounted for.
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discuss the 8-point socioeconomic agenda of the marcos administration
President Ferdinand "Bongbong" Marcos Jr.'s economic team unveiled his administration's eight-point economic program on Monday.
What exactly did Bongbong Marcos do?
From 1992 until 1995, Marcos served as the Representative of Ilocos Norte's 2nd congressional district. In 1998, he was re-elected Governor of Ilocos Norte. He returned to his old post as Congressman from 2007 to 2010, then as Senator for the Nacionalista Party from 2010 to 2016.
Marcos, who governed by decree after that, restricted press freedom and other civil freedoms, disbanded Congress, controlled media outlets, and ordered the imprisonment of opposition leaders and militant activists, including his staunchest adversaries, Senators Benigno Aquino Jr. and Juan Ponce Enrile.
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HELP ME PLEASE!!!!!!!!!!!!!!
Identify the type of business that is most relevant to most of our daily lives. Explain three reasons for its relevance.
The type of business that is most relevant to most of our daily lives is retail business. The reasons for this include:
Accessibility Variety Employment Why is the retail business very relevant ?Retail businesses are accessible and convenient for consumers, as they are often located in easily accessible areas such as shopping malls, high streets, and online platforms.
Retail businesses offer a wide variety of products to consumers, ranging from essential items like food, clothing, and household goods, to luxury items like jewelry, electronics, and gadgets. Retail businesses also provide employment opportunities for many individuals, both directly and indirectly.
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describe about the method of preservation of cow buffalo and yak food
Cοw Buffalο and Yak fοοd can be preserved by a variety οf methοds, depending οn the type οf fοοd and hοw it is tο be used.
What is variety?Variety is a cοncept that refers tο the vast array οf different items, ideas, οr experiences that are available.
Fοr example, meats can be preserved thrοugh canning, curing, smοking, οr freezing. Dairy prοducts, such as milk and cheese, can be preserved thrοugh pasteurizatiοn, hοmοgenizatiοn, and οther fοrms οf prοcessing. Grains and legumes can be dried and stοred fοr later use. Fruits and vegetables can alsο be preserved thrοugh canning, freezing, οr dehydratiοn.
Canned fοοd is οne οf the mοst pοpular methοds οf preservatiοn, as it allοws fοr lοng-term stοrage withοut spοiling. Canned cοw buffalο and yak fοοds can include things like beef, pοrk, and pοultry, as well as fruits and vegetables. Cans are sealed and heated tο a high temperature tο kill any bacteria and stοp the grοwth οf mοld.
Curing is anοther cοmmοn methοd οf preserving cοw buffalο and yak fοοd. This invοlves the applicatiοn οf salt, sugar, οr οther curing agents tο the fοοd prοduct, which helps tο prevent the grοwth οf bacteria and mοld. Curing is οften used tο preserve meats, such as bacοn, ham, and salami.
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in what ways can the strategies of an organization like the African National Congress be compared to those of a business organization? use swot analysis.
The ways in which strategies of an organization like the African National Congress be compared to those of a business organization is assessement of their internal and external environments to develop effective strategies.
How can the strategies be compared to those of a business organization?The strategies of the African National Congress (ANC) can be compared to those of a business organization using the SWOT analysis framework. Strengths of the ANC include its historical legacy, broad support base, and strong leadership.
Weaknesses include internal factionalism, corruption, and limited resources. Opportunities for the ANC include growing youth activism and a focus on social justice issues. Threats include increasing political polarization and economic inequality. Similarly, a business organization would assess its strengths, weaknesses, opportunities, and threats to develop a strategic plan for success.
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The following amounts were taken from the financial statements of Thompson Corporation: 2018 2017 Total assets $800,000 $1,000,000 Net sales 760,000 720,000 Gross profit 352,000 320,000 Net Income 144,000 117,000 Weighted average number of 380,000 380,000 common shares Market price of common shares 44 48 The return on assets ratio for 2018 is
The return on the asset's ratio for Thompson Corporation in 2018 is 16%.
What are assets?Assets are resources owned or controlled by an individual, business, or the organization that are expected to provide future economic benefits. These resources can take various forms such as cash, property, investments, inventory, equipment, patents, and intellectual property. Assets can be classified into two main categories: current assets and non-current assets. Current assets are those that can be converted into cash within one year, while non-current assets are those with a useful life of more than one year. Assets are recorded on a company's balance sheet and are a key indicator of its financial health. They are also used to calculate important financial ratios such as return on assets, which measures how efficiently a company is using its assets to generate profits.
Average Total Assets = (Total assets 2018 + Total assets 2017) / 2
Average Total Assets = ($800,000 + $1,000,000) / 2
Average Total Assets = $900,000
ROA = $144,000 / $900,000
ROA = 0.16 or 16%
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Company: Verizon Wireless
Questions:
1. Provide a brief history of the company.
2. What is the company’s mission statement? What are the company’s goals?
3. What is the company’s general environment? What is the company’s task environment? What is the company’s internal environment?
4. How does the company handle corporate social responsibility?
5. Complete a SWOT Analysis for the company.
6. What is the company’s generic strategy (Cost Leadership, Differentiation, Focus)? Does the product life cycle strategy pertain to them? If so, give an example.
7. What is the company’s perspective on diversification (Single-Product, Related, or Unrelated) of their business? If applicable, complete a BCG Matrix for the company.
8. What are some examples of programmed decisions the company makes? What are some examples of non-programmed decisions the company makes?
9. What is the organization’s structure (basic form of an organization)? Do they utilize job specialization, enlargement, or enrichment? If so, how?
10. How do they handle HR issues, such as employee compensation, hiring, etc.?
PLEASE ANSWER FULLY AND PROVIDE THE SOURCES OF WHERE YOU GOT THE INFO FROM IN MLA OR APA FORMAT
When Bell Atlantic and GTE merged to form Verizon Communications in 2000, it was born.
Provide a brief history of the company.1. Millions of customers in the US receive wireless services from Verizon Wireless, an American telecommunications company. When Bell Atlantic and GTE merged to form Verizon Communications in 2000, it was born. The biggest wireless telecommunications company in the US right now is Verizon Wireless. 2. "Enable people and businesses to communicate with each other" is the company's stated mission. Its objectives are to offer customers dependable, high-quality wireless service, to broaden network coverage, and to provide cutting-edge goods and services that cater to customers' shifting needs. 3.Economic trends, governmental restrictions, and technological advancements are a few examples of the factors that make up Verizon Wireless' overall environment. Customers, suppliers, and competitors all make up the task environment. The organisational culture, structure, and resources are all part of the internal environment.
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Determine the capital using the following information Assets = 27000 Kuh. liabilities ksh 9000
The capital using the following information Assets = 27000 Kuh is 18000 cash.
We can apply the accounting formula Assets = Liabilities + Capital to calculate the capital based on the available data. We can find the capital by rearranging the equation and deducting liabilities from assets.
What are assets and liabilities?A company's assets are any possessions that have the potential to provide future financial gain. Your debts to other people are called liabilities. In other words, assets increase your wealth while obligations decrease it.
Capital is calculated as assets minus liabilities.
Inputting the values provided yields:
Capital = 27000 - 9000 Kenyan Kwacha
If we simplify, we get: 18000 cash is the capital.
Hence, based on the information provided, the company's capital is 18000 Ksh. After deducting all liabilities and assets, this sum symbolizes the money that the company's owners have contributed to it.
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If we want to draw a sample random sample from a population of 4000 items, how large a sample do we need to draw if we desire to estimate the percent defective within 2% of the true value with 95.45% probability.
The sample needed to draw if we desire to estimate the percent defective within 2% of the true value with 95.45% probability is 384.16
How to draw a sample random sample from a populationTo calculate the sample size needed to estimate the percent defective within 2% of the true value with 95.45% probability,
we can use the formula:
n = (Z^2 * p * q) / E^2
where:
n = sample size
Z = Z-score for desired level of confidence (95.45% is approximately 1.96)
p = estimated proportion of the population that is defective (we'll use 0.5 for a conservative estimate)
q = 1 - p
E = desired margin of error (2% is 0.02)
Plugging in the values, we get:
n = (1.96^2 * 0.5 * 0.5) / 0.02^2
n = 384.16
Rounding up to the nearest whole number, we get a sample size of 385. Therefore, we would need to draw a sample of at least 385 items from the population to estimate the percent defective within 2% of the true value with 95.45% probability.
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Borrowing costs calculations
Simple interest is what lenders often charge. Simple interest is calculated as follows: principal x rate x time Equals interest (with time being the number of days borrowed divided by the number of days in a year).
How are borrowing costs determined?If you borrowed money solely to buy a qualified asset, capitalization is simple: Just subtract any income received from temporary investing such borrowings from the real costs spent.
What is the price of borrowing money?The amount you borrow and the interest you are required to pay on it make up the entire cost of the loan. Hence, the term "cost of borrowing" refers to the total sum of the loan's principal, interest, and other associated costs.
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Do you agree with Unilever's decision to links it's brands with efforts to encourage healthy and environmentally sustainable behaviors?
Yes I agree with Unilever's decision to links it's brands with efforts to encourage healthy and environmentally sustainable behaviors.
Why is it so?It is an additional strategy for increasing clientele and enhancing the company's reputation. Also, it demonstrates how seriously Unilever takes customer health. Unilever guarantees that their customers will be satisfied with their products in addition to simply selling them. And it will be the ideal approach for them to maintain their clientele and foster loyalty.
What is environmentally sustainable behaviors.The main focus of this pillar is safeguarding the environment for future generations. Environmentally responsible businesses increase productivity, cut down on resource use and waste, and track and measure carbon emissions along the entire supply chain.
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PLEASE HELP ME OUT ASAP I NEED HELP (IMPORTANT!!!)
Jackie Paige Visits Khali, Asia
The Dennis Packbell International Corporation had recently decided to introduce its very successful US-based product into the Khali market in Asia. In that effort, its VP of Global Business Development, Jackie Paige visited Khali along with Packbell’s management consulting firm retained for this project, McBain & Company.
While touring potential manufacturing sites in the vicinity of Danglore, Khali, Mrs. Paige was faced with a stark reality of sites where mostly female employees in the 12-14 years of age category were performing manual labor, in an almost sweatshop setting. Jackie was also shocked that there were dozens of electrical power lines which were intertwined and exposed to the eye, something that was highly unusual in her professional life.
Jackie was further perplexed, when the person accompanying her from McBain said: “No worries, it is very common here in Khali to do business in this fashion”.
Questions:
Do you see ethical issues here? Please analyze and elaborate. Mention each and every ethical issue you see here.
All else equal, should Jackie suggest manufacturing Dennis Packard’s goods in Khali? Please elaborate and suggest any qualifications to your answers you may have.
The situation raises significant ethical concerns around treatment of workers, particularly children, as well as the responsibility of businesses to prioritize safety and fair labor practices.
What is labor?Labor refers to the physical or mental effort that people put into work or production activities to achieve a particular outcome. It can involve the use of skills, knowledge, and abilities to create goods or services. Labor is an essential component of economic activity and plays a crucial role in the production process. The quality and quantity of labor are key determinants of the level of output and productivity in an economy. Labor can be classified into various categories, including skilled, unskilled, manual, intellectual, and creative, depending on the type of work involved. Factors such as education, training, experience, and technological advancements can significantly impact the nature of labor and the productivity levels of workers. As such, labor is a critical factor in the functioning of markets, businesses, and the economy as a whole.
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From the following data, calculate national income by expenditure method. (7mks)
Items (000)
1. Compensation of employees 1,200
2. Net factor income from - 20
3. Net indirect taxes 120
4. Profit 800
5. Private final consumption expenditure 2,000
6. Net domestic capital formation 770
7. Consumption of fixed capital 130
8. Rent 400
9. Interest 620
10. Mixed income of self-employed 700
11. Net exports - 30
12. Govt. final consumption expenditure 1,100
13. Operating surplus 1820
14. Employer’s contribution to social security Scheme 300
Answer:
To calculate national income by expenditure method, we use the following formula:
National Income (NI) = Private Final Consumption Expenditure (PFCE) + Government Final Consumption Expenditure (GFCE) + Gross Domestic Fixed Capital Formation (GDFCF) + Net Exports (NX)
Where,
Gross Domestic Fixed Capital Formation (GDFCF) = Net Domestic Capital Formation + Consumption of Fixed Capital
Net Exports (NX) = Exports - Imports
So, putting the given values in the formula, we get:
Gross Domestic Fixed Capital Formation (GDFCF) = Net Domestic Capital Formation + Consumption of Fixed Capital
= 770 + 130
= 900
Net Exports (NX) = Exports - Imports
= -30
National Income (NI) = Private Final Consumption Expenditure (PFCE) + Government Final Consumption Expenditure (GFCE) + Gross Domestic Fixed Capital Formation (GDFCF) + Net Exports (NX)
= 2000 + 1100 + 900 - 30
= 3970
Therefore, the national income by expenditure method is 3970,000.