Answers
Answer:
Results are below
Explanation:
Giving the following information:
Sales are 80% cash and 20% on account.
Sales:
May= $500,000
June= $680,000
July= $720,000
Cash collection June:
Cash collection from May= (500,000*0.2)= 100,000
Cash collection June= (680,000*0.8)= 544,000
Cash collection June= $644,000
Cash collection July:
Cash collection from June= (680,000*0.2)= 136,000
Cash collection July= (720,000*0.8)= 576,000
Cash collection July= $712,000
Related Questions
What accounting book is used to capture changes to the trial balance
Answers
The accounting book used to capture changes to the trial balance is the general Journal.
The general journal is a chronological record of all financial transactions that affect account balances, including adjustments and corrections. It is where entries are first recorded before being posted to the appropriate accounts in the general ledger.
Journal entry refers to the process of entering business transactions in a journal called a Journal, which is then used to prepare the company's financial statements. The journal data will be extracted in order to create a ledger report.
The general journal assists in maintaining an accurate and full record of all modifications made to the trial balance, assuring the accounting system's integrity.
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1. mouldboard
2. sickle
a metal plow that could be used to
dig deep ridges in an agricultural field
a long, curved blade used in
agriculture
a device used in harvesting that
separates the husk from the grain
3. thresher
Answers
2.A metal plow that could be used to dig deep ridges in an agricultural field
3. Thresher: a device used in harvesting that separates the husk from the grain
Explain why domestic trade is important to the economy
Answers
Answer: The importance of domestic trade in a country is that it facilitates exchange of goods within the country. ... By allowing all different types of goods and services to reach to all parts of the country it improves the standard of living of the residents of the country as well as the employment rate of the country.
Explanation: Please mark me brainliest! Have a great day!!!
Rodenstock, Inc. currently places orders for a particular stock item at quarterly intervals. Information concerning this items is as follows: Cost of placing an order P10 Annual demand 20,000 units Purchase price per unit P0.50 The cost of holding the stock items amounts to 20% of the stock value per annum. What annual cost saving would result if Rodenstock used the economic order quantity for order instead of their current policy? a. P 80 b. P 90 c. P150 d. P240
Answers
Rodenstock used the economic order quantity for order instead of their current policy P 90. Thus, option (b) is correct.
What is economic?The term economic refers to the process of production, distribution, and consumption activities. The main components of economies are products and services. The primary sector of the economy is the industrial sector.
EOD = \(\sqrt{2DS/H}\)
D = 20,000 units (Annual demand in units)
S = $10 (cost per order)
H = $1.00 x 10% = $0.10 (Carrying cost per unit per year)
EOD = \(\sqrt{2DS/H}\)
EOD = \(\sqrt{2 * 20,000 * $10/$0.10}\\\)
EOD = 2000 units
Quantity per order EOQ
5,000 units 2,000 units
(20,000 units / 4)
Number of orders EOQ
4 10
(20,000 units / 2,000 units)
Ordering cost EOQ
$40 $100
(Cost per order x Number of orders) EOQ
($10 x 4) ($10 x 10)
Annual carrying cost EOQ
$250 $100
(Carrying cost per unit x Quantity per order / 2) EOQ
($0.10 x 5,000 / 2) ($0.10 x 2,000 / 2)
Total inventory cost EOQ
$290 $200
($40 + $250) ($100 + $100)
Rodentstock used the economic order quantity for order sizes instead of their current policy:
= $290 - $200
= $90
As a result, the conclusion of the Rodenstock used the economic order quantity for order instead of their current policy are the aforementioned. Therefore, option (b) is correct.
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The sticker price for a new car takes into account the compensation made to the salesperson who managed the sale. This compensation is an example of what type of cost?
A): dealer cost
B): shipping cost
C): manufacturing cost
D): sales commission
Answers
Answer:
D
Explanation:
cuz its D
This compensation is an example of sales commission cost. Thus, option D is correct.
What is manufacturing cost?The expenses incurred during the creation of a product are known as manufacturing costs. Direct material, direct labor, and manufacturing overhead costs are included in these expenses. Normally, the costs are shown as separate line items in the revenue statement. These expenses are incurred by an entity during the production process.
The materials employed in a product's construction are referred to as direct materials. The amount of the production process's labor costs that is specifically attributed to a unit of production is known as direct labor. The application of manufacturing overhead costs to units of production depends on many alternative allocation schemes, such as the number of direct labor hours or machine hours used.
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You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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The American Marketing Association Statement of Ethics identifies six key aspirational
ethical values, one of which is
Select one:
a. diversity.
b. integrity.
c. perseverance.
d. charity.
e. openness.
Answers
Boyer Inc. is considering the introduction of a new product. This product can be manufactured in one of several ways: Using the present system at a variable cost of $55 per unit and a one time cost of $15,500. They can upgrade the present system, which will have a variable cost of $48.00 per unit, and an initial cost of $27,200. That last option consists of adding a new system with a per unit variable cost of $25.00, and an initial cost of $45,000. The organization is worried however, about the impact of competition. If no competition occurs, they expect manufacture 4,500, 6,800, and 8,800 units respectively. With competition, they expect to manufacture: 3,750, 5,500, and 6,700 units respectively. At the moment their best estimate is that there is a 57% chance of competition. They decided to make their decision based on manufacturing cost for each alternative. Based on evaluating cost, determine the following: a. What is the EMV for using the present system
Answers
The EMV (Expected Monetary Value) of using the present system with a variable cost of $55 per unit and a fixed cost of $15,500 is $239,515.
Data and Calculations:
Present New System 1 New System 2
Variable cost per unit $55 $48 $25
Fixed cost $15,500 $27,200 $45,000
Production units:
Without competition 4,500 6,800 8,800
With competition 3,750 5,500 6,700
Probability of competition 57% 57% 57%
Probability: no competition 43% 43% 43% (100 -57)
Expected production units:
Present System = 4,073 units (3,750 x 57%) + (4,500 x 43%)
Expected monetary value of present system:
Variable cost = $224,015 (4,073 x $55)
Fixed costs = $15,500
Total EMV = $239,515
Cost per unit = $58.81 ($239,515/4,073)Expected production units:
New System 1 = 6,059 units (5,500 x 57%) + (6,800 x 43%)
Expected monetary value of present system:
Variable cost = $290,832 (6,059 x $48)
Fixed costs = $27,200
Total EMV = $318,032
Cost per unit = $52.49 ($318,032/6,059)Expected production units:
New System 2 = 7,603 units (6,700 x 57%) + (8,800 x 43%)
Expected monetary value of present system:
Variable cost = $190,075 (7,603 x $25)
Fixed costs = $45,000
Total EMV = $235,075
Cost per unit = $30.92 ($235,075/7,603)
Thus, the EMV for using the present system is $239,515.
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will managers be able to make informed decisions in a public company?
Answers
The managers are not able to make informed decisions in a public company, rather, the elected executive board members make those high-level decisions about the direction of the company.
What is an informed decisions?In an organization, this refers to the gathering of facts and information that may be relevant to the decision making or the interpreting of that information through critical analysis.
Mostly in a publicly traded company, the people that choose to buy stock in the company become shareholders and gain partial ownership of the company. These shareholders collectively elect executive board members who make high-level decisions about the direction of the company.
Therefore, the managers are not able to make informed decisions in a public company, rather, the elected executive board members make those high-level decisions about the direction of the company.
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A solid business blank addresses a customers blank
Answers
A solid business plan addresses a customers needs and offers a solution.
What is business?Generally, Business is an activity of providing goods and services in exchange for money. It includes all forms of trade conducted within a society, including bartering and exchange of services.
It is a major part of the economy and is an essential component of economic growth. Businesses can range from small, one-person operations to large, multi-national corporations.
The primary purpose of business is to create and provide goods and services to satisfy customers, generate profits, and create social value.
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On June 15, 2021, Allen sold land held for investment to Stan for $65,000 and an installment note of $300,000 payable in five equal annual installments beginning on June 15, 2022, plus interest at 10%. Allen’s basis in the land is $255,500. What amount of gain is recognized in 2021 under the installment method?
Answers
The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14
How to find the gain recognized?First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land
= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500
= 109, 500 / 255, 500
= 42. 857 %
The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021
= 42. 857 % x $ 65, 000
= $27, 857 . 14
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FIVE
Your company’s Chief Finance Officer (CFO) recently read about the notion that adjusting the capital
structure can increase the market value of a firm drastically. The CFO liked this idea and has asked you
to do a preliminary study on this issue; he will entertain any proposal to increase the debt of the company
up to a maximum debt /equity (D/E) ratio of 30 percent.
Your company is currently very conservative with its leverage and has a D/E ratio of only 10 percent.
You estimate the beta of your stock to be 1.05, based on the last five’s data. The marginal tax rate is 30
percent. The long –term Treasury bond rate is 8 percent and market risk premium is 5 percent.
From an investment banker, you obtain the approximate relationship between the pre-tax cost of debt and
the D/E ratio as follows
% in x 125 100 75 50 25 0 -25
% in y -25 0 25 50 75 100 125
Page 6 of 6
In addition from the statement of changes in cash flows, you found that Earnings before Interest and Tax
to be Sh. 120 Million, depreciation to be Sh. 10.5 million, Capital Spending to be Sh. 15 million and the
net working capital is zero. The growth rate on future cash flows is estimated to be constant at 6 percent
p.a.
Required
(i) What is the total market value of the firm today when D/E is 10 percent
(ii) What D/E ratio would you advise the firm
Answers
1. The total market value of the firm today when D/E is 10 percent is 492.15 million. 2. we would advise the firm to increase its D/E ratio to 30 percent to maximize its market value.
1. To calculate the total market value of the firm today, we can use the following formula:
Total Market Value = Equity Value + Debt Value
Equity Value = Earnings before Interest and Tax (EBIT) * (1 - Tax Rate) / Cost of Equity
Debt Value = Debt * Cost of Debt
Cost of Equity = Risk-Free Rate + Beta * Market Risk Premium
Cost of Debt can be estimated using the relationship provided in the question. When D/E ratio is 10 percent, the cost of debt is 10 percent.
Plugging in the values, we get:
Equity Value = 120 * (1 - 0.3) / (0.08 + 1.05 * 0.05) = 430.63 million
Debt Value = 0.1 * 430.63 / (1 - 0.3) = 61.52 million
Total Market Value = 430.63 + 61.52 = 492.15 million
(ii) To advise the firm on the optimal D/E ratio, we can use the formula for the weighted average cost of capital (WACC):
WACC = Weight of Equity * Cost of Equity + Weight of Debt * Cost of Debt * (1 - Tax Rate)
To maximize the firm's market value, we need to find the D/E ratio that minimizes the WACC.
We can use the provided relationship between the pre-tax cost of debt and the D/E ratio to estimate the cost of debt for different D/E ratios. We can then calculate the WACC for each D/E ratio using the formula above.
Plotting the estimated cost of debt and WACC against the D/E ratio, we can see that the minimum WACC occurs at a D/E ratio of 30 percent.
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Disadvantages of being an ill tempered entrepreneur
Answers
Answer:
Pessimists often miss the bigger picture.
Pessimism can devolve all too easily into helplessness or hopelessness.
Pessimism can actually create the very situation you fear and resist.
Pessimism may be bad for your mental and physical health.
Explanation:
Hope this helps you
An employee:
works for someone else
O takes the risk of a business venture
sets financial goals for the business
sets nonfinancial goals for a business
Answers
Answer:
works for someone else
Explanation:
An employee is someone hired to offer labor services to their employers. The employers may be an individual, a private organization, or the governments. Employees earn wages, salaries, and other benefits provided by the employer in exchange for their labor services.
Employees do not assume any risks as the business owners do. Their role is to fulfill their mandate as instructed by the employers. Employees assist the employer in accomplishing their business vision.
Project: Facial Feedback Theory Conduct a study to observe facial feedback theory. please I really need help
Answers
The facial feedback hypothesis proposes that people's subjective emotional experiences are influenced by their facial expressions. However, the evidence for this hypothesis is mixed.
According to the facial feedback hypothesis, people's emotional experiences are influenced by their facial expressions. Smiling, for example, should make people feel happier, while frowning should make them feel sadder. According to the researchers, these effects occur because facial expressions provide sensorimotor feedback that contributes to the sensation of an emotion, serves as a cue that individuals use to make sense of ongoing emotional feelings, influences other emotion-related bodily responses, and/or influences the processing of emotional stimuli.
The facial feedback hypothesis as well as the original pen-in-mouth effect are both correct. If this is the case, scientists must figure out why others were unable to replicate the pen-in-mouth effect. One theory is that the replicators did not perform a true direct replication because they deviated from the original study by recording the participants openly (per the advice of an expert reviewer).
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Answer: My project is attached for anyone who might still need it
Explanation: Hope this helps! Good luck!
Please answer the following questions: 1) Do goods that have secondary packaging influence your purchasing decisions? Why/why not?
Answers
Design Thinking is the discipline of developing solutions to create significant
value for clients by keeping end user experience at its core.
True or False?
Answers
Great talkers are never great doers essay
Answers
Great talkers are never great doers means people who make loud and loud promises rarely keep their promises.
Meaning -There are many such talkative people who use lofty terms to show off their worth and blow their trumpets just to hide their inner weaknesses and vices. They are like empty ships that often ring. However, their vanity and selfishness often put them in a very low position when in times of crisis they display white feathers that are at odds with their lofty rhetoric.
On the hand, someone who speaks little, believes in deeds, and knows his or her limits proves to be sincere enough to keep his promises.
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What could be driving the tremendous growth in Salesforce.com’s stock price and revenue? and Why do you think investors put such a high premium on Salesforce.com’s stock?
Answers
Salesforce's fourth quarter of fiscal 2023, which concluded on January 31, saw a 14% year-over-year increase in revenue to $8.4 billion. Wall Street forecasts projected for $8 billion in revenue, thus this exceeded their projections.
Why investors put such a high premium on Salesforce.com’s stock?
Shares of Salesforce (CRM) are soaring after the software giant reported profits that above analyst expectations, provided a more optimistic outlook, and announced intentions to increase stock buybacks in response to pressure from activist investors. Salesforce's $8.4 billion in revenue increased by 14%, above the predicted 9.2% rise. The yearly revenue for Salesforce in 2023 was $31.352 billion, an increase of 18.35% over 2022.
Salesforce's yearly sales in 2022 increased by 24.66% from 2021 to $26.492 billion. A 24.3% rise from 2020, Salesforce's yearly revenue in 2021 was $21.252 billion. According to valuation criteria, Salesforce Inc. can be overpriced. It would not be a good choice for value investors, according to its Value Score of D. CRM's financial stability and expansion prospects show that company has the potential to perform worse than the market.
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Based on the information in the case, LeasePlan implemented changes to mitigate which diversity barrier?
Answers
Lease Plan implemented changes to mitigate an unspecified diversity barrier, aiming to foster a more inclusive and diverse workplace environment.
Based on the limited information provided in the case, it is not possible to definitively determine the specific diversity barrier that LeasePlan implemented changes to mitigate.
However, LeasePlan's implementation of changes suggests a proactive approach toward fostering diversity and inclusion within the organization.
LeasePlan may have implemented measures to address barriers such as gender inequality, racial or ethnic bias, age discrimination, or other forms of systemic barriers that impede equal opportunities for diverse individuals.
Possible initiatives could include implementing inclusive hiring practices, establishing diversity training programs, creating employee resource groups, promoting diversity in leadership positions, or enhancing workplace policies to ensure fair treatment and equal opportunities for all employees.
To provide a more accurate and comprehensive answer, additional details about the specific changes implemented by LeasePlan and the context of the diversity barriers would be necessary.
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W02_06.
is the popular name for a free-market economy in which business people make most of the
decisions about what products to produce, how many workers to hire, and what prices to charge for goods
and services.
Select one:
a. Communism
b. Marginalism
ec. Capitalism
d. Socialism
Answers
Answer:
it is capitalism
Explanation:
This is so becauae , capitalism is a free market economy where the individual business people do most in the economy by deciding what to produce , workers to hire etc than the government
why is it important to examine demand relationship
Answers
Answer:
The demand relationship, is I am correct in my assumption that this is a reference to a marketing course, is of utmost importance. A company will not implement a new product if there is no customers.
Explanation:
Demand refers to the amount fo demand seen from possible custoemrs. The higher the demand, the more the people with to purchse a product.
Drag the tiles to the correct boxes to complete the pairs.
Match the steps for conducting an informational interview with the task involved in each step or its purpose.
Research your chosen career field.
Prepare for the interview.
Follow up with your interviewer.
Identify someone to interview.
Conduct the informational interview.
Learn more about a company that interests you.
Answers
The correct matching of the steps for conducting an informational interview with the task involved in each step or its purpose is given
The MatchingResearch your chosen career field - Gain a deeper understanding of the industry or job, helping you ask informed questions during the interview and providing context for responses.
Identify someone to interview - Find a professional with relevant experience in your desired field or company, who can share insights and knowledge.
Prepare for the interview - Create a list of thoughtful questions based on your research and interests, and manage logistical tasks like scheduling and confirming meeting details.
Conduct the informational interview - Engage in a conversation, asking prepared questions and actively listening to insights and experiences.
Follow up with your interviewer - Send a thank-you note expressing gratitude and maintaining a positive connection for future networking opportunities.
Learn more about a company that interests you - Use insights from the informational interview to expand your understanding of a specific organization's culture, values, and opportunities, informing future career decisions and tailored job applications.
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Question Help
The table gives information about a nations labor force.
What’s is the unemployment rate?
The employment rate is_____percent
Answers
What's is the unemplyment rate?
The unemployment rate soared from a 50-year low of 3.5 percent to 14.8 percent in April 2021 at the beginning of the CVID-19 pandemic, and then fell faster than many forecasters anticipated, to 6.3 percent in January 2021
The employment rate is_____percent
The employment-population ratio represents the proportion of the civilian non-institutional population that is employed. In 2021, the U.S. employment rate stood at 56.8 percent.
Requirement 2. How much is the owner's equity of the property management company? Irene Chan has $ of equity in the property management company?
Answers
The information provided is incomplete as the amount of equity or any specific details about Irene Chan's investment in the property management company are not given. Therefore, without knowing the specific amount or percentage of equity Irene Chan holds in the company.
it is not possible to determine the exact value of the owner's equity or Irene Chan's equity in the property management company.Equity represents the ownership interest in a company and is calculated by subtracting the company's liabilities from its assets. However, since no information is provided regarding the company's liabilities, assets, or Irene Chan's investment.
We cannot calculate the owner's equity or determine Irene Chan's specific equity in the property management company.To accurately determine the owner's equity or Irene Chan's equity, it would be necessary to have additional information about the company's financial statements, investments, and any other relevant details regarding ownership stakes or capital contributions.
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Proactiv and George Foreman Grill became successful after appearing in television commercials that asked customers to call a toll-free number or go to a website to order the products. This is an example of _____. Not Telemarketing
Answers
The given scenario of making use of television commercials to make sales is known as Infomercials
What is Advertising?This refers to the practice of creating awareness for a group of products so that people can buy the goods.
Hence, we can note that because Proactiv and George Foreman Grill became successful after appearing in television commercials, and persuading people to buy their products, this is an example of infomercials.
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2.- Se hicieron compras de materia prima por $ 50,000.00 más IVA que se pagaron como sigue:
20% en efectivo; 30% quedamos a deber, y el resto con una transferencia bancaria, según Factura ZX87.
10.- Vendemos como fierro viejo algunos lockers de los empleados que ya estaban sin servir, y nos pagan con cheque que depositamos en el banco, la cantidad de $ 3,000 IVA INCLUIDO. Al mismo tiempo tenemos que reparar uno de los lockers nuevos pues la chapa se echó a perder, el cerrajero nos cobra $300 MÁS IVA que pagamos en efectivo
Alguien me dice como van en un libro diario por favor
Answers
no entendi nadita pero que larga tu prwgunta
Four years ago, you set up a fund to finance your plans to undertake a two-year Master’s programme in Canada. The cost of this programme including living expenses was estimated at that time to be $66,000. The average inflation rate for Canada is 3% per annum. Your plan was to invest for five years to achieve this goal. You have decided to borrow the remaining funds after five years if you do not have sufficient funds in your account. Every month, you contributed $400 to meet this objective. The funds were invested in a mutual fund with an asset allocation of 70:30 in stocks and bonds respectively. The return on the mutual was 54% per annum for each year. At the end of the fourth year, you decided to invest the funds in treasury bills for another year. You, therefore, called your investment manager to transfer all the funds into treasury bills. You instruction to the broker was to purchase 91-day treasury bills to be rolled over for a year. The discount rate for the 91-day Treasury Bill is given as 23.7280%.
a. How much would it cost you to pay for your education at the end of year 4?
b. How much would you have in your Education Fund account at the end of year 4?
c. What may have informed the decision to invest in the mutual fund and subsequently treasury bills?
d. How much will the investor be debited with to fulfill his request to purchase Treasury Bills? Assume that the amount in the mutual fund is the face value of the Treasury bill.
e. How much will you earn, in terms of the interest rate (p.a)
Answers
a. To calculate how much it would cost to pay for your education at the end of year 4, we need to account for inflation over the four-year period. Using the average inflation rate of 3% per annum for Canada, the cost of the program including living expenses would have increased to:
$66,000 x (1 + 0.03)^4 = $77,696.88
Therefore, it would cost approximately $77,696.88 to pay for the program at the end of year 4.
b. To calculate how much you would have in your Education Fund account at the end of year 4, we need to calculate the value of the mutual fund after four years of investing:
Year 1: $4,800 = ($400 x 12 months)
Value of mutual fund = ($4,800 x 1.54) x 0.7 + ($4,800 x 1.54) x 0.3 = $11,167.20
Year 2: $9,600 = ($400 x 12 months x 2 years)
Value of mutual fund = ($9,600 x 1.54) x 0.7 + ($9,600 x 1.54) x 0.3 = $22,334.40
Year 3: $14,400 = ($400 x 12 months x 3 years)
Value of mutual fund = ($14,400 x 1.54) x 0.7 + ($14,400 x 1.54) x 0.3 = $33,501.60
Year 4: $19,200 = ($400 x 12 months x 4 years)
Value of mutual fund = ($19,200 x 1.54) x 0.7 + ($19,200 x 1.54) x 0.3 = $44,668.80
At the end of year 4, the value of the mutual fund would be approximately $44,668.80.
c. The decision to invest in the mutual fund was likely informed by the desire to achieve higher returns than other low-risk investments, such as savings accounts or CDs. The asset allocation of 70:30 in stocks and bonds allowed for potential growth while minimizing risk. The decision to invest in treasury bills for the fifth year was likely motivated by a desire to preserve the capital and ensure that the funds were available when needed for the education program.
d. To purchase Treasury Bills, the investor would need to sell their mutual fund and use the proceeds to buy the Treasury Bills. Assuming the face value of the Treasury Bills is the same as the amount in the mutual fund, the investor would be debited with $44,668.80 to fulfill their request.
e. The interest rate on the 91-day Treasury Bill is given as 23.7280%. This represents the annualized yield on the Treasury Bill. Therefore, the investor would earn 23.7280% per annum on their investment in the Treasury Bills.
What’s the maximum amount of time homstyle Mac and cheese
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The maximum amount of time required to prepare homemade-style mac and cheese typically ranges from 30 to 45 minutes. This includes the time needed for boiling the pasta, making the cheese sauce, and baking or broiling the dish for a crispy topping.
The exact duration may vary depending on the recipe and individual cooking preferences. To begin, the pasta is cooked in boiling water for about 8 to 12 minutes until it reaches the desired tenderness.
Meanwhile, a cheese sauce is prepared by melting butter, adding flour to create a roux, and gradually incorporating milk and shredded cheese until a creamy consistency is achieved. This process usually takes around 10 to 15 minutes.
Once the pasta is drained and the cheese sauce is ready, they are combined and optionally transferred to a baking dish. The mac and cheese is then baked or broiled for an additional 10 to 15 minutes, resulting in a golden and bubbly top.
In summary, while homemade-style mac and cheese can be made in as little as 30 minutes, it typically requires around 30 to 45 minutes from start to finish, depending on the recipe and desired outcome.
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Give me a good example of operation and management please.
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Answer:
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