For equity investors who are focused on corporate profit growth, the gross domestic product (GDP) may be the most important indicator.
What are expected predictions from economic indicators?
Economists use leading economic indicators to predict how businesses will fare in the future. They look at things like the money supply, real GDP (Gross Domestic Product), and retail and food sales to figure this out.The business cycle's future can be predicted with the help of this list of indicators.
For forecasting, which indicator is utilized?
The inverse value of the mean absolute percentage error, or MAPE, is one widely used indicator of forecast accuracy (Fildes & Goodwin, 2007).MAPE addresses the mean worth of the outright rate contrasts between anticipated values and genuine qualities.
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There are advantages to using each of the four inventory costing methods. Identify the statements below that are correct regarding these advantages. (Check all that apply.)
a. FIFO assigns an amount to inventory on the balance sheet that approximates its current cost.
b. Reason: This is because the earlier costs are sold, so the latest costs are what are left in ending inventory.
c. FIFO assigns an amount to cost of goods sold on the income statement that approximates its current replacement cost.
Reason: LIFO does this.
d. Weighted average tends to smooth out erratic changes in costs.
e. LIFO mimics the actual flow of goods for most businesses.
Reason: FIFO mimics the actual flow of goods for most businesses.
FIFO assigns an amount to inventory on the balance sheet that approximates its current cost.
The 4 main stock valuation methods are FIFO or First-In, First-Out; LIFO or remaining-In, First-Out; precise identity; and Weighted common value.
FIFO (first in, first out) inventory control seeks to price stock so the business is much less probably to lose cash when products expire or come to obsolete.
LIFO (final in, first out) stock management is better for nonperishable goods and makes use of contemporary charges to calculate the value of goods bought.
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Answer:FIFO assigns an amount to inventory on the balance sheet that approximate its current cost.
Weighted average tends to smooth out erratic changes it costs.
Explanation:
Determine the amount of interest earned on a $2500 investment if it is invested at
5.25% annual interest compounded monthly for four years.
The annual interest compounded monthly for four years is $3067.81
given that,
P = $2500
I = 5.25%
n = 4 years
here we have to find out
S =?
Solve:
S = P (1 + i)ⁿ
S = 2500(1 + 5.25%) ⁴
S = 2500(1 + 0.0525) ⁴
S = 2500 × 1.0525⁴
S = 2500 × 1.2271239094
S = 3067.8097735
S = approx. $3067.81
The yearly interest rate is raised to the number of compound periods minus one, and the starting principal amount is multiplied by both of these factors.
The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: if you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You'll have $110.25 after the second year is over.
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Suppose the government spending multiplier is 2. The federal government cuts spending by $40 billion. What is the change in gdp if the price level is not held constant?.
The changes in GDP if the price level is not held constant a decrease of less than $80 billion.
Gross domestic product is a monetary measure of the market value of all final goods and services produced and sold by a country in a given period of time. Due to its complex and subjective nature, this indicator is often revised before being considered a reliable one.
GDP measures the monetary value of the final goods and services produced (that is, purchased by final consumers) in a country over a specified period of time (such as a quarter or a year). Counts all electricity generated within a country's borders.
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an investor who has selected an overall asset mix of 60% stocks, 30% bonds, and 10% cash equivalents and who expects to keep that allocation for the long term is most likely employing a) dynamic asset allocation. b) tactical asset allocation. c) core-satellite asset allocation. d) strategic asset allocation.
D) Strategic asset allocation is related to a long-term investment strategy that takes into account the long-term return from stocks, bonds, and cash equivalents.
As a result, an investor invests in a mix of 60% stocks, 30% bonds, and 10% cash equivalent for the long term.
When creating and maintaining a healthy investment portfolio, asset allocation is a crucial component. After all, it is even more important than selecting individual stocks for your overall returns. Your portfolio's asset mix of stocks, bonds, cash, and real estate must be constantly adjusted. As a result, your goals should be reflected in the asset mix at any given time.
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stateless corporations transcend nationality by remaining loyal to their home country in every global market they enter.
The statement 'stateless corporations transcend nationality by remaining loyal to their home country in every global market they enter' is false.
In the field of business, multinational companies are referred to as stateless corporations.
Stateless corporations have the intention to expand their business in different countries and places across the world. Such companies or corporations are not limited to their home country and expand their business to countries that provide much better revenue.
We can say that the stateless corporations are not loyal to their home country as they represent their brand name and represent themselves as being international in the global market.
Although a part of your question is missing, you might be referring to this question:
Stateless corporations transcend nationality by remaining loyal to their home country in every global market they enter. True or false
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Luc, a vehicle dealer, offers to sell mel a truck and trailer, which luc claims can haul a certain weight. He knows nothing about the capability of the truck, but it is not as he asserts. Mel buys the truck. On learning the truth, mel confronts luc, who says he was not trying to fool mel—he was only trying to make a sale. This is.
On learning the truth, mel confronts luc, who says he was not trying to fool mel—he was only trying to make a sale. This is Fraudulent misrepresentation
In contract law, fraudulent misrepresentation is a civil tort. A contract is induced into being entered into by a false statement of fact. Fraudulent misrepresentation occurs when a defendant intentionally conceals or exaggerates a material fact in order to persuade the opposing party to enter into a contract. A misrepresentation can take the shape of anything intended to deceive the other person, such as innuendos, half-truths, or remaining silent when speaking is required. The definition of a fraudulent representation is one that is made with knowledge or belief that it is false or inaccurate with reference to a material fact; see also misrepresentation.
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Review the following statements and select the ones which accurately describe a Petty Cash fund. Select all answers which apply.
a. It is an asset reported on the balance sheet.
b. It is an expense reported on the income statement.
c. It is established to pay for small payments like low-cost supplies and shipping fees, etc.
d. It is an account used to record small sales amounts.
A. It is an asset reported on the balance sheet.
c. It is established to pay for small payments like low-cost supplies and shipping fees, etc. accurately describe a Petty Cash fund. Select all answers which apply.
A balance sheet is a summary of the financial balances of an person or organisation, whether or not it be a sole proprietorship, a enterprise partnership, a agency, non-public limited company or other agency together with government or no longer-for-income entity.
A balance sheet is a economic announcement that incorporates information of a enterprise's belongings or liabilities at a particular factor in time. it is one of the 3 center economic statements (earnings assertion and cash waft declaration being the opposite ) used for comparing the performance of a enterprise.
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Vesper Company has sales of $200,000, variable...
Vesper Company has sales of $200,000, variable costs of $8 per unit, fixed costs of $50,000, and a profit of $30,000. How many units were sold?
10,000
15,000
20,000
25,000
Profit is calculated as total sales less variable costs per unit multiplied by the number of units and less fixed costs. $200,000 - ($8 × Q) - $50,000 = $30,000, so Q = 15,000 units. So correct answer is 15000 units.
What does "profit" mean? What is the profit equation?Profit is the term used to describe the financial gain experienced when the revenue from a commercial activity exceeds the costs, costs, and taxes associated with maintaining that activity. Total Revenue - Total Expenses = Profit is the formula used to determine profit. Direct and indirect costs are subtracted from all realized sales to arrive at the profit.
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The inventory that companies hold to protect themselves against uncertainties in either demand or replenishment time is called.
The inventory that companies hold to protect themselves against uncertainties in either demand or replenishment time is called safety stock.
Safety stock is the inventory stock kept by a firm when there happens a sudden fluctuation in the demand and supply. In other words, safety stock is an excess or surplus stock kept in order to face a situation where there is a chance of out-of-stock happening. Hence safety stock helps the companies to move with their business even in times of uncertainty.
protection stock is a time period utilized by logisticians to describe a stage of greater stock this is maintained to mitigate the danger of stockouts (shortfall in uncooked material or packaging) because of uncertainties in delivery and demand.
adequate protection inventory levels permit enterprise operations to continue according to their plans. protection inventory is held while uncertainty exists in call for, deliver, or manufacturing yield, and serves as an insurance in opposition to stockouts. protection inventory is an additional amount of an object held in the inventory to lessen the risk that the object can be out of stock.
It acts as a buffer stock in case income are extra than deliberate and/or the provider is unable to deliver the extra gadgets on the anticipated time.
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employee evaluation systems that rank employees in tiers for purposes of raises and termination violate the fair labor standards act. group of answer choices true false
Employee evaluation systems that rank employees in tiers for purposes of raises and termination violate the fair labour standards act. This statement is false.
What is fair labour standards act?
The fair labor standards act (FLSA) is a United States law designed to protect workers from certain unfair wage practices. As such, the FLSA establishes various labor regulations related to interstate employment in commerce, including minimum wages, overtime pay requirements, and restrictions on child labor. The FLSA — passed in 1938 and undergoing many changes over the years — is one of the most important laws employers should understand and whether or not an employee is salaried. Regardless, it contains various rules on how to treat workers. It will be an hourly wage system.
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your parents are giving you $160 a month for 4 years while you are in college. at an interest rate of .39 percent per month, what are these payments worth to you when you first start college in one month?
The payments are worth $7619.17 when you first start college
A common way of financing future expenditures like retirement and college education is through making periodic contributions to a saving account. In this case, the stream of contributions constitutes an annuity. A key piece of information is the future value of the annuity.
In this question, the stream of payments constitutes an annuity, and the question asks about the present value of an annuity. We can use the following formula to compute the future value of an annuity:
[tex]{}\displaystyle \frac{M(1 - (1 + r)^{-T})}{r} {}[/tex]
where M is the periodic payment, r is the periodic return, and T is the number of payments.
In this question, the monthly payment is 160, the monthly interest rate is 0.39%/12 = 0.0325%, and there are 4 * 12 = 48 payments. Applying the formula, the value is:
[tex]{}\displaystyle \frac{160(1 - (1 + 0.0325\%)^{-48})}{0.0325\%} = 7619.17 {}[/tex]
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carrying insufficient quantities of inventory on hand:
Carrying insufficient quantities of inventory on hand: may result in lost sales.
Inventory (American English) or inventory (British English) refers to the products and substances that a business holds for the remaining purpose of resale, manufacturing, or utilization.Inventory management is an area more often than not approximately specifying the form and site of stocked goods. It is needed at exclusive places inside a facility or inside many places of a delivery community to precede the ordinary and deliberate direction of manufacturing and inventory of substances.
The idea of stock, inventory or paintings in system (or paintings in progress) has been prolonged from production structures to provider businesses and projects, through generalizing the definition to be "all paintings inside the system of manufacturing - all paintings this is or has took place previous to the final touch of manufacturing". In the context of a product manufacturing system, stock refers to all paintings that has taken place – uncooked substances, partly completed merchandise, completed merchandise previous to sale, and departure from the producing system. In the context of services, stock refers to all paintings finished previous to sale, such as partly system information.
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the lagrange corporation had the following budgeted sales for the first half of the current year: cash sales credit sales january $ 50,000 $ 150,000 february $ 55,000 $ 170,000 march $ 29,000 $ 130,000 april $ 24,000 $ 109,000 may $ 34,000 $ 200,000 june $ 80,000 $ 30,000 the company is in the process of preparing a cash budget and must determine the expected cash collections by month. to this end, the following information has been assembled: collections on sales: 45% in month of sale 35% in month following sale 20% in second month following sale the accounts receivable balance on january 1 of the current year was $71,000, of which $55,000 represents uncollected december sales and $16,000 represents uncollected november sales. what is the budgeted accounts receivable balance on may 31?
The budgeted accounts receivable balance on may 31 will be $131,800.
Collection patterm - 45% in month of sale, 35% in month following sale and 20% in second month following sale
Budgeted accounts receivable balance on May 31 = 20% of April sales + 55%(35%+20%) of May sales
= (109,000*20%) + (200,000*55%)
= 21,800 + 110,000
= 131,800
What are budgeted accounts?
A budget account is a retailer's customer account that allows the customer to make regular monthly payments to cover past and future purchases. A budget account can be linked to a credit card, allowing the cardholder to pay for an expensive item over time.
So, the required answer is $ 131,800.
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which of the following are evaluated in fundamental analysis? a) the direction of the economy. b) a firm's position within its industry. c) a firm's financial statements. d) all of these.
Fundamental evaluation is the manner of identifying the mannequin price of a futures contract, now and in the future the use of elements like micro financial data, macro-economic information and industry economic conditions.
Why is vital evaluation done?It helps in deciding company's fair fee and also helps to determine whether it is undervalued or overvalued. The integral analyst would love to purchase the inventory if the present day market price is below its intrinsic price and would sell the stock when the market fee goes a long way above the intrinsic value.
This can be the function of the enterprise analyst. Often strategic evaluation has four critical parts: present state, future state, risk, and transitional analysis.
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https://brainly.com/question/22523967#SPJ4Which of the below is not one of the six epolicies that a company should implement for information protection as discussed in the text?
A.Information privacy policy
B.Workplace monitoring policy
C.Acceptable use policy
D.Downtime monitoring policy
The correct option D. Downtime monitoring policy,is not one of the six information protection rules that a corporation should follow, as discussed in the text.
Define the six epolicies the book suggests?Computer hardware, programming, data, procedures, and people make up an information system.
Every information system contains them. how you run the application, fill out your report, print it, save it, and backup your file. The most vital part of MIS is you, the user.
As mentioned in the article, there are six epolicies that a business should establish for information protection are-
A policy on ethical computer use; A policy on information privacy; A policy on permissible use; A policy on email privacy; A policy on social media; and A policy on workplace surveillance.Thus, one of the six confidentiality guidelines that a company should adhere to, as described in the text, is not downtime monitoring policies.
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the following information was drawn from the accounting records of jones company. net sales $ 400,000 net income 50,000 average total assets 500,000 average total liabilities 300,000 average total stockholders' equity 200,000 based on this information, the company's net margin (also known as return on sales) is
The company's net margin (also known as return on sales) is 12.5%
Return on sales is a financial statistic that assesses how much money a business makes from a sale in relation to its spending or operating costs over the same time period. Operating profit margin and efficiency ratio are two more frequent terms for ROS.
A higher return on sales ratio is preferred since it denotes more operational effectiveness. A declining ROS could be an indication of financial fragility. The income statement of the company includes the ROS. This financial statement shows a company's net profit by breaking out its total revenue, costs, and losses over a given time frame (or net loss).
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julie is looking to sell her flower shop. she should hire a(n) to help her find a buyer and negotiate the sale.
In looking for who to help her with the sale of her flower shop, Julie should look for a. business broker.
A business broker:
Helps facilitate the sale of a business
Ensures that relevant legal requirements are met
Helps a business owner find others who want to buy businesses
Julie's flower shop is a business so if she wants to sell it, she should look for a business broker to help her with the transaction.
In conclusion, Julie needs a business broker.
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Which of the following statements about the installments for a fixed period settlement option in life insurance policies is NOT true?
a. the periodic payment amount is determined by the beneficiary's age
b. the shorter the period of time, the larger each installment
c. the longer the period of time, the smaller each installment
d. the installment payments are composed of both principal and interest
The statement which is not true about fixed period settlement is the periodic payment amount is determined by the beneficiary's age(Option A).
- More about fixed period settlement :
- Fixed Period Option: This settlement option for life insurance entails leaving the policy monies on deposit with the insurance provider to earn interest before making equal annual payments to the beneficiary.
- The payee sets the frequency of payments; the death proceeds set the benefit amount. For instance, an income benefit of $1,000 per month is given for 48 months until all income payments come to an end.
- The fixed period settlement option's main goal is to guarantee that your beneficiary receives a steady income stream for a predetermined period of time. The beneficiary should have a debt like a mortgage that demands regular payments for it to be most suitable.
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which of the following is true? selected answer: incorrecte. a and b of the above answers: a. being a single seller is a sufficient but not a necessary condition for the possession of monopoly power b. being a single seller with permanent government support is sufficient for the possession of monopoly power c. being a single seller is neither a sufficient nor a necessary condition for the possession of monopoly power d. being a single seller is both a sufficient and a necessary condition for the possession of monopoly power e. a and b of the above correctf. b and c of the above
Being a single seller is not a sufficient but is a necessary condition for the possession of monopoly power, the monopoly require, one firm, large buyers, no close substitute and barrier to entry, all this in group is sufficient condition but individually every condition is necessary.
Monopoly power refers to the control a single business or small group of businesses, sometimes known as monopolists, have over determining the pricing in a certain market. When one business is the exclusive supplier of a good or service in a certain market sector, there is a monopoly.
Examples of natural monopolies include companies that provide utilities such as electricity and natural gas. They are monopolies because it is expensive to enter the market and because newcomers are unable to offer the same services in quantities and at prices comparable to the dominant firm.
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a stock has an expected return of 13 percent, its beta is 1.10, and the risk-free rate is 4 percent. what must the expected return on the market be? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The expected return on the market will be 12.18%.
the return an investor expects to make on an investment based on that investment's historical or probable rate of return under varying scenarios.
How to calculate the expected return on the market?
Expected return of stock as per CAPM = Rf + beta*(Rm-Rf)
Rf is risk free rate = 0.04
beta = 1.1
expected return of stock as per CAPM = 0.13
Now let's use the formula
0.13 = 0.04 + 1.1 * (Rm - 0.04)
0.13 = 0.04 + 1.1Rm - 0.044
Rm = 0.134 / 1.1 = 0.12181818 = 12.18%
So the expected return on the market will be 12.18%
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a machine originally had an estimated useful life of 5 years, but after 2 complete years, it was decided that the original estimate of useful life should have been 10 years. at that point the remaining cost to be depreciated should be allocated over the remaining:
The remaining expense that needs to be written off should be spread out over the remaining 8 years of the useful life, is the response.
How many years are in a useful life?It is an estimate of the typical time period during which an asset is still regarded as usable before its value completely depreciates. Estimates of an asset's useful life are used by the Internal Revenue Service (IRS) to determine how long it will take for it to decline. The useful life will also be influenced by a variety of other factors, including usage patterns, the age of the asset at the time of acquisition, and technical advancements.
Let's now figure out how many years the machine will be usable based on the query.
The machine's initial lifespan =5 years.
The machine's updated useful life=10 years.
till the time of modification, life had expired=2 years.
Estimated remaining usable life is equal to the machine's revised useful life minus its initial lifespan,
= 10-2 years,
=8
As a result, the remaining expense should be spread out over the remaining 8 years of the useful life.
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When comparing the annual inflation rate in the United States based on the CPI with the annual inflation rate based on the PCE price index, the data show that the two inflation rates
An expand in the average charge of goods and offerings over time is what economists refer to as inflation.
The Consumer Price Index is a size of the inflation that people come across in their day-today lives as a reflection of the ordinary inflation rate.
What is the distinction between the CPI and the PCE?CPI sources records from consumers, while PCE sources from businesses. The scope impact is a end result of the different types of expenditures CPI and PCE track. For example, CPI solely tracks out-of-pocket consumer clinical expenditures, however PCE additionally tracks fees made for consumers, accordingly inclusive of business enterprise contributions.
What is the PCE inflation rate?Disposable private income (DPI) improved $71.3 billion (0.4 percent) and non-public consumption fees (PCE) elevated $113.0 billion (0.6 percent). The PCE price index elevated 0.3 percent. Excluding meals and energy, the PCE rate index increased 0.5 percent (table 9).
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https://brainly.com/question/8149429#SPJ4allowances for which of these factors would be subtracted from design capacity when calculating effective capacity? multiple choice all of the other choices changing the mix of products equipment maintenance scheduling problems
Allowances for (A) all of the other choices of these factors would be subtracted from design capacity when calculating effective capacity.
What is Capacity in Design?Efficiency can be determined using two tools: design capacity and effective capacity. The ideal designed output rate is design capacity. Design capacity can be subtracted from effective capacity to determine effective capacity.Changing the mix of products, equipment upkeep, personal time, and scheduling issues is necessary for capacity to be effective. Because the variance is challenging to account for, a change in product mix should be an allowance for design capacity. Employees will need to balance their personal and professional lives, thus it is important to keep equipment up to date through routine maintenance. Finally, scheduling needs to be flexible due to conflicts and delays.Therefore, allowances for (A) all of the other choices of these factors would be subtracted from design capacity when calculating effective capacity.
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Correct question:
Allowances for which of these factors would be subtracted from design capacity when calculating effective capacity?
a) all of the other choices
b) changing the mix of products
c) equipment maintenance
d) personal time
e) scheduling problems
The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as
a) solvency and leverage
b) solvency and profitability
c) solvency and liquidity
d) solvency and equity
The correct option is (b) solvency and profitability. The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as solvency and profitability.
affordable time is that amount of time, which is fairly necessary, with no trouble, to do something is required to be achieved, as quickly as situations allow. This word is a U.S. prison term that has been a topic of controversy for decades. it is generally used in connection with appearing a motion or remitting payment, but that is a totally indistinct time period which reasons litigation problems in lots of court docket instances.
Uniform business Code segment 2-206(2) requires that attractiveness of a suggestion be made inside a "reasonable time" if no time is precise: wherein the start of a requested overall performance is an inexpensive mode of popularity, an offeror who is not notified of recognition inside an inexpensive time may additionally deal with the offer as having lapsed earlier than attractiveness.
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The program chair in the business administration division is retiring at the end of the year, but jana has no desire to apply for the position because she knows it would mean longer hours and more administrative work for not much more money. Which aspect of expectancy theory does this best describe?.
The expectancy theory states that employees are more motivated to perform when they know the extra effort will be recognized and rewarded.
What is expectancy theory?it represents the relationship between student expectations for task success or goal attainment in relation to the value of task completion or goal attainment.Employee motivation is the result of their hard work. How much reward a person desires (valence), an assessment of the likelihood that efforts will yield desired results (expected value), and the belief that performance leads to reward (instrumentation).It suggests that an action is motivated by an expected result or outcome. victor suggested that people choose to behave in certain ways based on the expected consequences of their chosen behavior.expectancy theory is also known asInstrumentality theory, path-goal theory, and Valence-Instrumentality-Expectancy (VIE) theory.ERG theorythus, is theory given by victor vroom tells that employees are more motivated to perform when they know the extra effort will be recognized and rewarded.
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if the yield to maturity decreased 1 percentage point, which of the following bonds would have the largest percentage increase in value? a 10-year bond with a 12 percent coupon. a 1-year bond with an 8 percent coupon. a 10-year zero-coupon bond. a 1-year zero-coupon bond. a 10-year bond with an 8 percent coupon
The 10year zero coupon bond has the greatest proportion increase in value.
What occurs to bond charge when YTM decreases?Without calculations: When the YTM decreases, the price of the bond increases. (Note that you do not need calculations for this price, because the YTM is equal to the coupon rate). to a trade in the pastime rate (YTM).
What reasons yield to maturity to decrease?The YTM is only a image of the return on a bond because coupon payments can't constantly be reinvested at the equal activity rate. As hobby fees rise, the YTM will increase; as pastime quotes fall, the YTM will decrease.
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https://brainly.com/question/29360027#SPJ4Calculate the amount of depreciation to report during the year ended december 31 for equipment that was purchased at a cost of $43,000 on october 1. The equipment has an estimated residual value of $3,000 and an estimated useful life of five years or 20,000 hours.
Depreciation in accounting refers to an indirect and express fee that a company incurs every 12 months whilst using a constant asset such as equipment, machinery, or steeply-priced tools.
It is the depleting value of a tangible asset. The price of the belongings gets depleted due to constant use for business purposes
What is the formulation to calculate depreciation?Use the following steps to calculate month-to-month straight-line depreciation: Subtract the asset's salvage fee from its value to determine the amount that can be depreciated. Divide this amount through the variety of years in the asset's useful lifespan. Divide via 12 to inform you the month-to-month depreciation for the asset.
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https://brainly.com/question/1203926#SPJ4change requests and verified deliverables are the outputs of the controlling quality process.
a. true
b. false
Change requests and verified deliverables are the outputs of the controlling quality process. this statement is true.
A business process, business method, or business function is a group of related, structured activities or tasks by individuals or instrumentality within which a particular sequence produces a service or product (serves a specific business goal) for a particular client or customer. Business processes occur in the least structure levels and should or might not be visible to the customers.
A business process may usually be visualized (modeled) as a flowchart of a sequence of activities with interleaving call points or as a process matrix of a sequence of activities with connection rules supported by knowledge within the process. The edges of exploitation business processes embrace improved customer satisfaction and improved lightness for reacting to speedy market change. Process-oriented organizations break down the barriers of structural departments and check out to avoid functional silos.
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tiger inc's sales budget is as follows: april: $120,000 may: $130,000 june: $150,000 tiger inc. pays sales commissions equal to 8% of sales. they have one sales manager who earns a salary of $4,000 per month. what is tiger's selling expense budget for q2 (april - june)?
The sales department is in charge of the selling expense budget. The budget accounts for expenses related to selling, such as salespeople's salary, commissions, advertising, office space for sales, shipping costs, and other costs. Both fixed and variable selling costs are possible.
Operating expenses, such as rent, utilities, advertising, and salaries, make up the majority of expenses. Another category of spending is direct costs, which include money spent on the products and services you sell. Budgeted selling costs for April are as follows: Fixed cost + variable cost = $ 4000 + ($ 120000 * 8%) = $ 13600
All operating costs involved in managing and selling the firm are included in the budget for selling and administrative costs. Using a flexible budget and the cost-volume formula, operating expenses are calculated.
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after a hurricane devastates new orleans (again), a canadian charity sends $2 million to the u.s. to help the survivors rebuild their homes. which of the following best indicates how this transaction would appear on a u.s. balance of payments table?
The $2 million that a Canadian charity sends to America will appear in the balance of payments table as incoming aid causing the balance on the balance of payments to increase.
The balance of payments is a systematic record of international economic transactions between residents of a country and residents of other countries within a certain period of time.
Balance of payments transactions consist of current account, capital transaction, and financial transaction. One of the functions of the balance of payments is as a source of data and information in preparing the foreign exchange budget. Giving/receiving money, goods, and services without any direct reward, such as government receipts in the form of grants from foreign countries, will be added to the balance of America's balance of payments.
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