In a company that employs continuous budgeting on a quarterly basis and has an accounting period that ends December 31 of each year, what period would the first revision and update to the January through December 2017 budget cover?a. February 2017-January 2018 b. March 2017-February 2018 c. December 2017-November 2018

Answer:

"FedEx" would be the correct answer.

Explanation:

Answer: contractionary; inflationary; decreasing

Explanation:

A contractionary fiscal policy is used in order to reduce the money that is in circulation. In this policy, the government increases tax and also cuts its spending.

The contractionary fiscal policy will be used according to Keynesian to correct the inflationary gap by decreasing the expenses of the government.

Solution:

Annual coupon payment of the bond is $80

At the beginning of the year, remaining maturity period is 2 years.

Price of the bond is equal to face value, i.e. the initial price of the bond is $1000.

New price of the bond = present value of the final coupon payment + present value of the maturity amount.

New price of the bond = [tex]$\frac{80}{1+r} +\frac{1000}{1+r}$[/tex]

where, r is the yield to maturity at the end of the year.

Substitute 0.06 for r in the above equation,

Therefore new price of the bond is  = [tex]$\frac{80}{1+0.06} +\frac{1000}{1+0.06}$[/tex]

                                                           = [tex]$\frac{1080}{1.06}$[/tex]

                                                           = $ 1010.87

Calculating the rate of return of the bond as

[tex]$\text{rate of return}=\frac{\text{coupon+new price-old price}}{\text{initial price}}$[/tex]

                     [tex]$=\frac{80+1018.87-1000}{1000}$[/tex]

                     = 0.09887

Therefore, the rate of return on the bond is 9.887%

                                                                    ≈ 10 %

Answer: C

Explanation: A.P.E.X

Answer:c

Explanation:

Answer: Asset: Left; Increased

Explanation:

Equipment is an asset account. It is reported on the left side of the accounting equation and is increased when equipment is purchased.

Equipment is a fixed asset because it lasts more than a year in the service of a company. As an asset, it will be reported on the left side of the accounting equation which means that when it increases it is to be debited.

It increases when more equipment is acquired.

Answer:

The European market and Eurasia markets are different in many ways.

Explanation:

The legal, economic and the regulatory systems in each of the country in Eurasia are highly bureaucratic, although market economy is in different phase transition. The operation of TeliaSonera in Eurasia tries to utilize the know-how mainly in communication, investments and infrastructure where institutional framework are in transitional phase from planned to the market economy and is its weaker than in Europe.

TeliaSonera, due to their weak institutional regulations and settings, faces challenges in Eurasia specially in the former USSR.

Answer:

Part 1

Department Accounting system seeks to establish the Departmental Economic Performance whilst the Responsibility Accounting System seeks to establish the Performance of Personnel Responsible for a particular department.

Part 2

No, reports of departmental net income and the departmental contribution to overhead are not useful in assessing a department manager's performance.

Because, they take into account those incomes and costs attributable to the particular department including central costs. This means it ignores whether or not the costs were wholly controllable by the manager.

Explanation:

Department Accounting system seeks to establish the Departmental Economic Performance whilst the Responsibility Accounting System seeks to establish the Performance of Personnel Responsible for a particular department.

The reports of departmental net income and the departmental contribution to overhead are not useful in assessing a department manager's performance this is because they take into account those incomes and costs attributable to the particular department including central costs. This means it ignores whether or not the costs were wholly controllable by the manager.

In assessing a department manager's performance, we look into incomes and expenses that were sorely within their control other than those items that are just attributable to the department they are responsible for.

Answer:

B $21,000

Explanation:

Given that;

Sales = $200,000

Cost of goods sold = $150,000

Interest income = $60,000

Dividends = $40,000

Tax rate = 21%

Then,

Net passive income tax = Net passive income × Tax rate

Or

= (Interest income + Dividends) × Tax rate

= ($60,000 + $40,000) × 21%

= $21,000

Answer and Explanation:

The computation of the investment income, the deduction of interest on investment, and the treatment of the deduction of interest on investment is given below:

Investment income is

= $900 + $1,800

= $2,700

And,

Investment expenses = $125

So,

Net investment income is

= $2700 - $125

= $2,575

And,

Investment interest paid = $3,200

The allowed deduction would be lower of interest on investment and the net investment income

So, the allowable deduction would be $2,575

Now the remaining amount i.e. disallowed is

= $3,200 - $2,55

= $625

This amount would be carried forward to the future years

Answer:

A. Nominal income adjusted for inflation.

Explanation:

Real income is simply the amount usually in monetary terms a person, enterprise or others makes after accounting for inflation. It is also called real wage that is an individual's income.

Real income are also defined as Income that is adjusted to inflation.

Nominal income are defined as income not adjusted to inflation.

Answer:

The current manufacturing environment would be described as:

c. Make to Order (MTO).

Explanation:

The 'make to order' strategy means that the company accepts orders during the production lead time and produces products based on the customer's specifications.  The goods will not be stocked after production, instead they will be shipped to the customer who requested for them immediately after production.  It is unlike 'make to stock' production strategy, where orders result from production planning based on sales estimates.

Answer:

$2,133.52

Explanation:

lets try to put some dates into the question:

Kya borrowed $7,500 on June 1.

On July 10, she made a partial payment of $2,500. The loan's balance on July 10 was $7,500 + [$7,500 x 6% x 40/360 (remember ordinary interest is 360 days)] = $7,550 - $2,500 = $5,050

On September 18, Kya made a second payment of $3,000. The loan's balance before the payment = $5,050 + ($5,050 x 6% x 70/360) = $5,108.92 - $3,000 = $2,108.92

On November 27 when her loan is due, she will need to pay $2,108.92 + ($2,108.92 x 6% x 70/360) = $2,133.52

Answer:

You can identify a research problem by reading recent research, theory and debates on your topic to find a gap in what is currently known about it. You might look for: A phenomenon or context that has not been closely studied. A contradiction between two or more perspectives.

- I hope this helps have a great day!

Answer: d. shift the supply of loanable funds to the right causing the interest rate to fall.

Explanation:

Loanable funds come from the deposits(savings) that people make in financial institutions like banks. If more people were to make deposits, the amount of savings in the system would therefore increase.

To illustrate this increase the supply for loanable funds curve will shift to the right which will cause the interest rates to fall as there is now more supply relative to demand.

Answer:

Fractional Reserves

Explanation:

Banks are required to hold money to lend out. If you deposit $100 into your account that is $100 for the bank to lend that money out to ones who need it.

Fractional reserves are not one of the four most common ways people can save money in banks. Fractional reserves are a banking system in which only a fraction of bank deposits are backed by actual cash on hand and are available for withdrawal. The correct option is B.

With fractional-reserve banking, the bank is only obligated to keep a portion of customer deposits on hand, freeing it up to lend the remainder of the money. While having enough cash on hand to cover withdrawal demands, this strategy is intended to continuously stimulate the amount of money available in the economy.

Fractional reserves are not one of the four most common ways people can save money in banks because it is not a savings option for consumers. Fractional reserve banking is a system used by banks to create money and lend out a portion of their deposits while keeping a fraction of the deposits in reserve.

This process is not related to individual savings and is a function of the banking system. The four most common ways people can save money in banks are checking accounts, savings accounts, money market accounts, and certificates of deposit.

Thus, the ideal selection is option B.

Learn more about fractional reserves here:

https://brainly.com/question/23943222

#SPJ7

Answer:

The question is incomplete, it only includes the last part. So I looked for similar questions and found it:

You are evaluating a project for The Ultimate recreational tennis racket, guaranteed to correct that wimpy backhand. You estimate the sales price of The Ultimate to be $400 per unit and sales volume to be 1,000 units in year 1; 1,250 units in year 2; and 1,325 units in year 3. The project has a three-year life. Variable costs amount to $225 per unit and fixed costs are $100,000 per year. The project requires an initial investment of $165,000 in assets, which will be depreciated straight-line to zero over the three-year project life. The actual market value of these assets at the end of year 3 is expected to be $35,000. NWC requirements at the beginning of each year will be approximately 20 percent of the projected sales during the coming year. The tax rate is 34 percent and the required return on the project is 10 percent.

What will the cash flows for this project be?

initial outlay = -$165,000

depreciation expense per year = $55,000

change in NWC:

contribution margin per unit = $400 - $225 = $175

after tax salvage value = $35,000 x (1 - 34%) = $23,100

cash flow year 0 = -$165,000 - $80,000 = -$245,000

cash flow year 1 = {[($175 x 1,000) - $100,000 - $55,000}] x 0.66} + $55,000 - $16,000 = $52,200

cash flow year 2 = {[($175 x 1,200) - $100,000 - $55,000}] x 0.66} + $55,000 - $12,000 = $79,300

cash flow year 3 = {[($175 x 1,350) - $100,000 - $55,000}] x 0.66} + $55,000 + $108,000 + $23,100 = $239,725

Answer:

a. What is the PI if the discount rate is 20%?

profitability index = present value of cash flows / initial outlay

PI = $9,137.41 / $5,000 = 1.83

b. What is the NPV if the discount rate is 20%?

NPV = -$5,000 + $9,137.41 = $4,137.41

c. What is the IRR if the discount rate is 20%?

the discount rate is irrelevant when you are calculating the IRR, since the IRR is the discussion rte at which the NPV = $0

IRR = 55.23%

Explanation:

Initial Outlay -$5,000

Year 1 $3,000

Year 2 $3,500

Year 3 $3,200

Year 4 $2,800

Year 5 $2,500.

Answer:

Sahia Company

1. Net book value of the property at the end of year 2 = $217,800.

2. Journal entry to record the purchase:

Debit Property (land and building) $241,000

Credit Cash Account $241,000

To record the acquisition of the property.

3. Straight-line depreciation (on building only) = $11,600.

Explanation:

a) Data and Calculations:

Bought building for cash = $90,000

Bought land for cash =         110,000

Transfer cost =                       10,000

Renovation on building =      31,000

Book value of property =  $241,000

Depreciation:

Building cost = $90,000

Transfer cost        4,500 ($10,000*90,000/200,000)

Renovation         31,000

Total cost =    $125,500

Residual value     9,000

Depreciable value = $116,000

Depreciation per annum = $11,600 ($116,000/10)

a) Land is not subject to depreciation and its value is $115,500 or $110,000 + 5,500 ($10,000*110,000/200,000).

b) The net book value of the property at the end of year 2 is

Building $125,500 - 23,200 = $102,300

Land =                                          115,500

Net book value of property =  $217,800

Answer:

wowowowowowowowowowowowoowowowo

Explanation:

Answer:

Ending WIP= $25,000

Explanation:

To calculate the ending work in process, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

890,000 = 60,000 + 330,000 + 210,000 + 315,000 - Ending WIP

Ending WIP= 915,000 - 890,000

Ending WIP= $25,000

Answer:

A) The deadweight loss will be greater when the absolute value of price elasticity of demand = 0.3

B) The deadweight loss is bigger when the value of Nd is larger and also

since a $2 tax per unit results in a deadweight loss of $100 the deadweight loss for a $4 tax per unit will be 2 times larger  i.e. $200

Explanation:

A) Given

price elasticity of supply (Ns)= 0.6

absolute value of elasticity (Nd) = 0.3

absolute value of elasticity 2 ( Nd ) = 1.5

we will apply the deadweight rule here

DWL = -0.5*(Ns Nd)/(Ns - Nd ) * (t^2) * Q/P

For;

( Nd = 0.3 ) = -0.5*( 0.6*0.3) / (0.6-0.3 ) * 2^2

                  = - 0.5 * ( 0.18 / 0.3 ) * 4 = -1.2

( Nd = 1.5 ) = -0.5*(0.6*1.5 )/( 0.6 - 1.5 ) * 2^2

                 = -0.5 * ( 0.9 ) / (-0.9) * 4 = 2

The deadweight loss will be greater when the absolute value of price elasticity of demand = 0.3

B) The deadweight loss is bigger when the value of Nd is larger and also

since a $2 tax per unit results in a deadweight loss of $100 the deadweight loss for a $4 tax per unit will be 2 times larger  i.e. $200

Answer:

Hecala Mining

a) Hecala will record the mine at a cost of $12600,000

b1) Depletion of Mine for 2021:

= 113,000 * $17.26

= $1,950,380

b2) Depreciation of mining facilities and equipment for 2021:

= 113,000 * $0.23

= $25,990

c) Accretion expense:

= $155,000 * 0.763

= $118,265

d) Yes.  The depletion of the mine and the depreciation of the mining facilities and equipment are reported as separate expenses in the income statement.

e1) Depletion of mine in 2022:

= $13.04 * 143,000

= $1,864,720

e2) Depreciation of facilities and equipment:

= $0.17 * 143,000

= $24,310

Explanation:

a) Data and Calculations:

Cost of Mining rights =     $10,100,000

Development costs =          2,500,000

Cost of mines =                $12,600,000

Construction of facilities =          $36,500

Mining equipment = $143,500

Salvage value               12,000

Depreciable value of equipment 131,500

Cost of facilities & equipment  $168,000

Geologists production estimate = 730,000 tons

Period of mining = 4 years

b) Cost of Mine Restoration:

Cash Outflow     Probability       Expected cost

$530,000                40%                $212,000

 630,000                30%                   189,000

 730,000                30%                   219,000

Costs of Mine Restoration           $620,000

Interest rate = 7%

Annual cost of mine restoration = $155,000 ($620,000/4)

c) Depletion of mine based on original output estimate:

= $12,600,000/730,000

= $17.26 per ton

Revised Depletion of mine:

Depleted cost of mine = $12,600,000 - $1,950,380 = $10,649,620

Depleted tons balance = 930,000 - 113,000 = 817,000 tons

Depletion per ton = $10,649,620/817,000 = $13.04 per ton

d) Depreciation rate of facilities and equipment:

= $168,000/730,000

= $0.23 per ton

Revised Depreciation rate:

Cost of facilities and equipment = $142,010 ($168,000 - $25,990)

Rate = $142,010/817,000

= $0.17 per ton

Answer:

c

Explanation:

maintaining a positive attitude toward learning

Maintaining a positive attitude toward learning action can help you become an effective learner. Thus, option (c) is correct.

The process of gaining new understanding, information, actions, abilities, values, perspectives, and preferences is known as learning. Humans, creatures, and some robots all have the potential to learn, and there is evidence that certain plants can learn as well. The process of acquiring new skills, information, knowledge, and values is known as education.

As an individual learns, a good attitude allows you to relax, remember, focus, and absorb information. When setbacks or obstacles occur, they will motivate those closest to them to do their all and help to drive projects forward. The best method to learn is to maintain a good attitude toward learning.

Therefore, option (c) is correct.

Learn more about on learning, here:

https://brainly.com/question/1503472

#SPJ2

Answer:

a. cyclical unemployment.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

In this scenario, the demand for automobiles falls when the economy experiences a recession. Thus, if an automobile manufacturer lays off workers during a recession, this would be an example of a cyclical unemployment.

A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

Mathematically, cyclical unemployment rate can be calculated using the formula;

[tex]Cyclical \; unemployment \; rate (CU) = Actual \; unemployment \; rate (AU) – Natural \; unemployment \; rate (NU)[/tex]

Answer:

The households spent an average of $91 on durable goods like furniture, appliances, and electronics when they received a tax rebate in 2008.

Explanation:

In 2008, The U.S Federal government made an economic stimulus payment or tax rebate to American households of 90 billion dollars. This made a huge impact on the consumer market as the households spent more of the received payment on goods and services they both wanted and needed.

Answer:

B. Contra​ liability; Debit

Explanation:

Discount on the bond is contra liability account and it has debit balance because liabilities normally have a credit balance, so the contra account of liabilities must have a debit balance.

Discount on Asset is reported under the bond payable value. The net payable on the bond is calculated by deducting the discount on bond value from the bond payable value ( usually face value of the bond. )

Answer:

d. 6.31%

Explanation:

The relationship between the  nominal interest rate(9.50%),inflation rate( 3%) and the real rate of return is shown by the formula below:

(1+nominal rate of return)=(1+inflation rate)*(1+real  rate of return)

nominal rate of return=9.50%

inflation rate=3%

real  rate of return is the unknown

(1+9.50%)=(1+3%)*(1+real  rate of return)

1.095=1.03*(1+real  rate of return)

1.095/1.03=1+real  rate of return

real  rate of return=(1.095/1.03)-1

real rate of return=6.31%

Answer:

D. a long-term loan.

Explanation:

Loans are classified based on varied parameters. There are secure and unsecured loans,  installment credit and revolving credit.  Also, there loans with fixed interest rates and others with variable interest rates.

Loans are also categorized depending on the duration it takes to repay them.  Short term loans are those repaid with one year. For businesses, these loans are short term liabilities.

Long-term loans take longer than one year to repay. The mortgage is to be paid over 30 years period. To businesses, these loans are long-term liabilities.

Answer:

Marketing Manager

Explanation: