According to the Gordon Growth Model, the most you'd be willing to pay for the stock is $41.67.
According to the Gordon Growth Model, the expected dividend is divided by the difference between the needed rate of return and the anticipated growth rate to determine the value of a company's stock. In this instance, the risk-free rate of return is 1%, a 6% risk premium is necessary, and a 7% needed rate of return is as a result. The stock has a 3% anticipated growth rate and pays a $1.25 annual dividend. Therefore, using the formula $1.25 / (0.07 - 0.03), $41.67 represents the highest price you would be ready to pay for the shares. $41.67 is the option with the closest value out of those provided.
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Mary Walket, president of Rusco Products, considers $14,000 to be the minimum cash balance for operating purposes. As can be seen from the following statements, only $8,000 in cash was available at the end of 2009 . Because the company reported a large net income for the year, and also issued both bonds and common stock, the sharp decline in cash is puzzling to Ms. Walker.
The following additional information is available for the year 2009.a. Dividends totaling $9,000 were declared and paid in cash.b. Equipment was sold during the year for $8,000. The equipment had originally cost $20,000 and had accumulated depreciation of $ 10,000.c. The decrease in the Preferred Stock account is the result of a conversion of preferred stock into an equal dollar amount of common stock.d. Long-term investments that had cost $ 20,000 were sold during the year for $30,000.Required:Explain the major reasons for the decline in the company's cash balance.
1. Rusco Products
Statement of money Flows (Indirect Approach)
For the year ending New Year's Eve , 2015
Cash flows from operating activities:
Net income $30,000
Add (deduct) non cash effects on operating income
Depreciation expense $20,000 Movement in Account Depreciated account: - $50,000 - $10,000 = $40,000 - $60,000
Gain on sale of investment = $(10,000)
Loss on sale of kit = $2,000
Increase in deferred taxes = $8,000
Increase in assets = $(40,000 ) An increase should be deducted because it implies that not all sales were received in cash
Increase in inventory = $(50,000 ) a rise is deducted because cash was invested in inventory
Decrease in prepaid expenses = $4,000 A decrease are going to be added because no all expenses were paid in cash
Increase in accounts payable $63,000 a rise will be added as it implies that cash was generated from supplier credit
Decrease in accrued expenses $(9,000 ) A decrease is deducted as cash was spent to settle it
Net cash provided by operating activities $18,000
Cash flows from investing activities
Proceeds on sale of investment 30,000
Proceeds on sale of kit= 8,000
Purchase of kit = $(150,000 )
Movement in Plant and Equipment account: - $300,000 - $20,000 = $280,000 - $430,000
Net cash employed by investing activities =$(112,000)
Cash flows from financing activities:
Bonds issued 70,000
Proceeds from issuing stock = $20,000
Movement in common shares acc: - $250,000 + $(96,000 - $80,000 = 416,000) = $266,000 - $286,000
Dividends paid= $(9,000)
Net cash provided by financing activities = $81,000
Net decrease in cash =$(13,000)
Cash balance at January 1, 2015 = $21,000
Cash balance at New Year's Eve , 20= $8,000
2. The free income can be calculated from the cash flow statement like this:
Operating income =$18,000
Less: Capital expenditures =(112,000)
= Free income= $94,000
3. we will see from the cash flow statement that the company:
Managed to get a positive cash flow from operations despite the heavy investment in inventories and the increase in accounts receivable by increasing its trade credit.
The cash position declined though, due to the e purchase equipment es that was in excess of the amount raised from he bond issue.
Cash Flow Statement by the Indirect Method:
The income statement is one of the fundamental financial statements. In it, the state of the cash asset of a corporation is analyzed by reporting on how much cash was used y or provided by operating, investing, and financing activities.
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16. Pass Journal entries to rectify the following errors:
(i) Credit sale to Ram 170 credited to his account as 710.
(ii) Credit purchase from Shyam 229 recorded as 292.
(iii) Sales Book was undercast by 200.
(iv) A credit purchase of goods of 2,100 from Sohan posted as 1,200.
(V) Returns Inward Day Book had been cast 100 short.
Answer:
1. Dr Ram Account 540
Cr Suspense Account 540
2. Dr Shyam Account 63
Cr Purchase Account 63
3. Dr Suspense Account 200
Cr Sales Account 200
4. Dr Purchase Account 900
Cr Suspense Account 900
5. Dr Returns Inward Account 100
Cr Suspense Account 100
Explanation:
Preparation of the Journal entries to rectify the following errors:
(i) Credit sale to Ram 170 credited to his account as 710.
Dr Ram Account 540
Cr Suspense Account 540
(710-160)
(Being to record the credit sale to Ram 170 credited to his account as 710 now rectified)
(ii) Credit purchase from Shyam 229 recorded as 292.
Dr Shyam Account 63
Cr Purchase Account 63
(292-229)
(Being to record Credit purchase from Shyam 229 recorded as 292 now rectified)
(iii) Sales Book was undercast by 200
Dr Suspense Account 200
Cr Sales Account 200
(Being to record Sales Book undercast by 200 now rectified)
(iv) A credit purchase of goods of 2,100 from Sohan posted as 1,200.
Dr Purchase Account 900
Cr Suspense Account 900
(2,100-1,200)
(Being to record credit purchase of goods of 2,100 from Sohan posted as 1,200 now rectified)
(V) Returns Inward Day Book had been cast 100 short.
Dr Returns Inward Account 100
Cr Suspense Account 100
(Being to record Returns Inward Day Book that had been cast 100 short now rectified)
1. Ram Account 540 (710 - 170)
To Suspense Account 540
2. Shyam Account 63 (292 -229)
To Purchase Account 63
3. Suspense Account 200
To Sales Account 200
4. Purchase Account 900 (2,100 - 1,200)
To Suspense Account 900
5. Returns Inward Account 100
To Suspense Account 100
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the current portion of notes payable is reported on the balance sheet under current liabilities. T/F
The current portion of notes payable is reported on the balance sheet under current liabilities - True.
The current portion of notes payable is reported on the balance sheet under current liabilities.
The balance sheet presents an organization's financial position by reporting its assets, liabilities, and shareholders' equity. Liabilities are categorized into current liabilities and long-term liabilities based on their maturity or repayment timeline.
The current portion of notes payable represents the portion of long-term notes payable that is due for payment within the next year or operating cycle, whichever is longer. As it is expected to be settled in the short term, the current portion of notes payable is classified as a current liability on the balance sheet. It is reported alongside other current liabilities such as accounts payable, accrued expenses, and short-term debt obligations.
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dilamer incorporated paid $300,000 to purchase 30-year bonds issued by a publicly held foreign corporation. the foreign government recently privatized the corporation and declared that all outstanding corporate debt obligations would not be honored. what is the tax consequence to dilamer of this bad news?
The bad news that the foreign corporation's debt obligations will not be honored will result in a loss for Dilamer Incorporated.
A corporation is a legal entity that is created to conduct business activities. It is a separate and distinct entity from its owners, known as shareholders, and is recognized as a "person" under the law, with the ability to enter into contracts, borrow money, and sue or be sued. One of the primary advantages of a corporation is limited liability protection for its shareholders.
This means that the shareholders are generally not personally liable for the debts and obligations of the corporation. Additionally, a corporation has perpetual existence, meaning that it can continue to exist even if the shareholders change. Corporations can issue stocks or shares of ownership to investors, allowing them to raise capital for expansion or other business activities. They are also subject to various legal and regulatory requirements, such as filing annual reports, maintaining proper accounting records, and adhering to various laws and regulations.
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each intermediary in the marketing channel ______.
Answer:
There are four main types of intermediary: agents, wholesalers, distributors, and retailers. A firm may have as many intermediaries in its distribution channel as it chooses. It can even have no intermediaries at all, if it practices direct marketing
Basically, all the intermediaries in marketing channel adds value in terms of the functions they performs.
The distribution of goods is made possible through Channels of distribution, but the Intermediaries are independent entities within the channel that make the product available for consumption.
The intermediaries in the Marketing channel includes the agents, wholesalers, distributors and retailers.
Therefore, all the intermediaries in marketing channel adds value in terms of the functions they performs.
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In your own words, describe how investing in a fund is a more diversified approach than investing in a single stock or bond.
Investing in a fund is one of the most profitable investment instruments for novice investors. Compared to deposits, interest on mutual funds is relatively higher. The risk is also lower when compared to stock investment.
What is investing in a fund?
Investing in a fund is a forum for raising public funds managed by a legal entity called an Investment Manager, to then be invested in securities such as: stocks, bonds and money market instruments.
Investing in a fund is a risky product. Before purchasing, Investors should read and understand the prospectus and performance report of the investing a fund. In addition, get to know the company that offers the investing in a fund well.
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The actual money multiplier tends to be ______ than the one predicted by the money multiplier equation
The actual money multiplier tends to be lower than the one predicted by the money multiplier equation.
The money multiplier is a theoretical concept that shows the maximum amount of money that can be created by a given amount of reserves. It is calculated by dividing the amount of money in the economy by the amount of reserves held by banks. However, in practice, the actual money multiplier is affected by various factors such as the behavior of banks and the public, changes in interest rates, and government policies.
Banks may choose to hold excess reserves instead of lending them out due to factors such as increased risk aversion or regulatory requirements. The public may also choose to hold more cash instead of depositing it in banks, reducing the amount of money available for lending. Changes in interest rates can affect the demand for loans, which in turn affects the amount of money banks are willing to lend. Finally, government policies such as reserve requirements and open market operations can directly influence the amount of reserves available to banks.
Therefore, while the money multiplier equation provides a useful theoretical framework, the actual money multiplier tends to be lower due to these various real-world factors.
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The actual money multiplier is generally lower than the one predicted by the money multiplier equation due to the oversimplified assumptions of the model versus the complex realities of banking and economy.
Explanation:The actual money multiplier tends to be lower than the one predicted by the money multiplier equation. This discrepancy exists because the money multiplier equation is based on assumptions, such as banks lending out all excess reserves, which don't always hold in practice. Consequently, the real-world interactions between banks, depositors and borrowers tend to be more complex than the model suggests. Therefore, the actual money multiplier often ends up being lower than the theoretical one predicted by the equation.
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What type of transportation is used for mass movement of bulk cargo in the Philippines considering that it is an archipelago.
Answer:
It is a container ship because Philippines is an archipelago which means it is surrounded by water and a container ship is the only way to transport bulk cargo in and out of Philippines.
State the importance of direct production?
Answer: Direct production makes it easier for comapanies to keep track of their production.
Explanation:
Banks are not considered safe to store your money in True or False
Answer:
false
Explanation:
The managerial function of leading: is a part of the planning process. involves monitoring the organization s progress toward its goals. is the set of processes used to get members of an organization to work together. involves setting an organization s goals and deciding how best to achieve them.
Answer:
is the set of processes used to get members of an organization to work together.
Explanation:
Management can be defined as a strategic process which typically involves analyzing, planning supervising, organizing, controlling and coordination of employees and business activities in order to successfully achieve organizational goals and objectives.
Generally, there are four (4) main components associated with the management of business activities and employees, these includes planning, organizing, leading and controlling.
The managerial function of leading is the set of processes used to get members of an organization to work together. Thus, leading a team of workers working in an organization simply involves communication, motivation, inspiration, direction, guidance and support of these employees in order to enhance their level of output or production at all times.
The managerial function of leading: is a part of the planning process is the set of processes used to get members of an organization to work together, third option is correct.
In order to successfully achieve organizational goals and objectives, management is often characterized as a strategic process that involves analysis, planning, supervision, organizing, regulating, and coordinating of personnel and business operations.
The management of corporate operations and personnel generally consists of four key elements: planning, organizing, leading, and controlling.
The collection of procedures used to get team members in an organization to collaborate is known as the management function of leadership. So, managing a group of people in an organization simply entails communicating with them, inspiring them, directing them, guiding them, and supporting them so that their output or production is always at a higher level.
Thus, third option is correct.
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Gregory's car needs repairs, but he does not have an emergency fund to cover the expenses: He decides that he needs his car repaired immediately and wants to finance the cost of the repairs.
Gregory can apply for a credit card and pay for the repairs using the credit card. If Gregory cannot pay off the credit card when the payment is due, what will happen?
When Gregory's installments are late, the lender will get in touch with him and demand payment. The account will thereafter default if he doesn't make the required payments. And if he still doesn't pay, other measures could be taken, such as hiring debt collectors to get the money he owes them back.
What is credit?Credit is the trust that enables one party to give money or resources to another party, with the second party promising to pay back or return the first party's resources (or other materials of comparable worth) at a later time. This results in the creation of debt.
The resources offered could be monetary or they could be in the form of goods or services.
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What degree is needed to be an accountant?
I really, really, really need the answer
Answer:
bachelor's degree
Explanation:
Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.
Question 6 of 10
A human resource staff member was asked to create a job description.
Which of the following steps should be included in the process?
A. Evaluate the employee in the job
B. Interview customers served by the employee in the job
C. Conduct a job analysis
D. Suggest changes to the management structure
For this human resource staff member who was asked to create a job description, the step that should be included in the process is: B. Interview customers served by the employee in the job.
What is Human resources management?Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing, creating job description, and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.
In this context, we can reasonably infer and logically deduce that interviewing customers that are served by the employee in the job is a step that should be included in the process of creating a job description.
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Answer: C conduct a job analysis
Explanation:
it is
Automated teller machine to provide all the following services except
Answer:
b. statement printouts
Multiple-choice answers for this question are:
a. Account balance checks b. statement printouts c. cash withdrawals d. money transfers
Explanation:
An ATM ( automated teller machine) provides a convenient way to perform some basic banking operations outside the banking hall. Customers can check their account balance, do transfers, deposit, and withdraw from their accounts from an ATM. A debit card is required to access the bank account via ATM.
An ATM does not print bank statements. A customer requiring a bank statement will need to walk into the banking hall to request the inquiries desk.
Answer:
Statement Printouts
Explanation:
help quick!
According to the video, which qualities do Insurance Underwriters need? Check all that apply.
O communication skills
O customer service skills
Ocomputer skills
Oknowledge of sales strategies
Oan outgoing attitude
O a background in finance
Answer: 1 3 6 or A C F
Explanation:
I just did it on the edge
Answer:
ACF
Explanation:
got it correct on Edge 2020
a) Explain the first two (2) steps in Cross Industry Standard Process of Data Mining (CRISPDM) b) Discuss if the following activities are a data mining task. i) Monitoring and predicting failure of hydropower plant. ii) Dividing the customers of the company according to their profitability. c) Dataset with missing values is common problem faced by the data miners. State two (2) methods to handle this problem and explain.
a) The first two steps in the Cross Industry Standard Process of Data Mining (CRISP-DM) are:
1. Business Understanding: In this step, the focus is on understanding the business objectives, goals, and requirements of the data mining project. It involves defining the problem statement, identifying the relevant stakeholders, and determining the project's scope. The key questions to answer in this step include: What is the business problem we are trying to solve? What are the goals and objectives of the project? What are the constraints and limitations?
2. Data Understanding: Once the business objectives are clear, the next step is to gather and understand the available data. This involves identifying the relevant data sources, collecting the data, and performing initial data exploration and analysis. The goal is to gain insights into the data, understand its structure, quality, and completeness, and assess its suitability for the data mining project. This step helps in identifying data quality issues, missing values, outliers, and understanding the variables and their relationships.
b) i) Monitoring and predicting the failure of a hydropower plant can be considered a data mining task. Data mining techniques can be applied to historical data collected from the hydropower plant to identify patterns, anomalies, and indicators of failure. By analyzing sensor data, maintenance logs, and other relevant data sources, data mining models can be built to predict potential failures, enabling proactive maintenance and minimizing downtime.
ii) Dividing customers of a company according to their profitability can also be considered a data mining task. By analyzing customer transaction data, purchasing patterns, and other customer-related variables, data mining techniques can be applied to segment customers into groups based on their profitability. This can help in identifying high-value customers, understanding their characteristics, and tailoring marketing strategies to maximize customer value.
c) Dealing with missing values is a common challenge in data mining. Two methods to handle this problem are:
1. Deletion: In this method, the incomplete rows or columns containing missing values are removed from the dataset. If the missing values are random and do not introduce significant bias into the analysis, this approach can be effective. However, it can result in a loss of valuable data and may not be suitable if the missing values are systematically related to the target variable or other important variables.
2. Imputation: Imputation involves filling in the missing values with estimated or imputed values. This can be done using various techniques such as mean imputation, median imputation, mode imputation, or regression imputation. The choice of imputation method depends on the nature of the data and the underlying assumptions. Imputation helps in retaining the complete dataset and can provide more accurate results if done appropriately. However, it introduces uncertainty and potential bias if the imputation process is not properly handled.
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deals with the challenges that a company
faces in the ever-changing business
environment
Answer:
Strategy.
Explanation:
Strategy can be defined as a coordinated deployment of a firm’s resources to achieve competitive advantage in the industry where it operates. Basically, it is a long-term plan of action that is focused on using a firm's available resources to achieve set objectives and goals such as includes dominating the market, expanding the business, meeting customer's demands etc.
Generally, the top executive management is saddled with the responsibility of ensuring that their business strategy is in tandem with the aim, objectives, vision and mission statement. A good business strategy is a continuous process that should function as a roadmap or guide to achieve competitive advantage, sustained profitability, growth and development of an organization.
Hence, strategy deals with the challenges that a company faces in the ever-changing business environment.
Additionally, the strategy formulated by an organization can be classified into the following categories; growth strategy, marketing strategy, product strategy etc.
Which is a source of passive income? (1 point)
O working as a consultant
O owning luxury cars
teaching about personal finance
O owning dividend stocks
Answer:
owning dividend stock is answer
you deposit $600 in an account earning 2% interest compounded annually. how much will you have in the account in 15 years?
If I havea deposit $600 in an account earning 2% interest compounded annually. I will have $784.68 in the account in 15 years.
To calculate the future value of the account after 15 years with an annual compounding interest rate of 2%, we can use the formula for compound interest:
Future Value = Principal * (1 + Interest Rate)^Number of Periods
Given: Principal = $600 Interest Rate = 2% = 0.02 Number of Periods = 15 years
Future Value = $600 * (1 + 0.02)^15 Future Value ≈ $784.68
Therefore, after 15 years, you will have approximately $784.68 in the account.
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Who do you think has the most
influence?
Answer:
because the influence is an important
Metro General is a municipally-owned and operated hospital and a component unit of Metro City. In 2007, the hospital received $7,000 in unrestricted gifts and $4,000 in unrestricted bequests. The hospital has $800,000 in long-term debt and $1,200,000 in fixed assets.
The hospital has transferred certain resources to a hospital guild. Substantially, all of the guild's resources are held for the benefit of the hospital. The hospital controls the guild through contracts that provide it with the authority to direct the guild's activities, management, and policies.
The hospital has also assigned certain functions to a hospital auxiliary, which operates primarily for the benefit of the hospital. The hospital does not have control over the auxiliary.
The financial statements of the guild and the auxiliary are not consolidated with the hospital's financial statements. The guild and the auxiliary have total assets of $20,000 and $30,000, respectively.
Before the hospital's financial statements were combined with those of the city, the city's statements included data on one Special Revenue Fund and one Enterprise Fund.
The city's statements showed $100,000 in Enterprise Fund Long-Term Debt, $500,000 in Enterprise Fund Fixed Assets, $1,000,000 in General Long-Term Debt, and $6,000,000 in General Fixed Assets.
What account or accounts should be credited for the $7,000 in unrestricted gifts and the $4,000 in unrestricted bequests?
A. Operating Revenue $11,000
B. Nonoperating Revenue $11,000
C. Operating Revenue $ 7,000
Nonoperating Revenue $4,000
D. Nonoperating Revenue $ 7,000
Operating Revenue $4,000
The account or accounts that should be credited is B. Nonoperating Revenue $11,000
Based on the information given the account or accounts that should be credited is Nonoperating Revenue with the amount of $11,000.
Calculated as:
Nonoperating Revenue=Unrestricted gifts +Unrestricted bequests
Nonoperating Revenue=$7,000+$4,000
Nonoperating Revenue=$11,000
Hence:
Nonoperating Revenue are amount or income generated that are not part of company or organization Operating activities
Inconclusion The account or accounts that should be credited is B. Nonoperating Revenue $11,000.
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What do you want to be when you a grow up? I want to be a model or a fitness model or a boxer or a professional tahitian dancer or belly dancer you?
Answer:
I love to read and write. So, I want to become an author. I want to entertain people with my stories. I also want to be a media specialist. I love being part of the library and the books.
Explanation:
Transworld Deliveries is expanding its contract home delivery service into the Northeastern United States. The company anticipates that to accommodate this expansion it will need between 35 and 80 staffed delivery vehicles. Transworld is currently moving 35 of its own vehicles, with drivers, into the Northeast. The daily cost of operating its own fleet is $730 per vehicle, while the daily cost of leasing a vehicle and driver is expected to be $1,300 per vehicle. Using an expected value approach, should Transworld purchase additional vehicles and hire additional drivers? If so, how many would you recommend?
Question Completion:
Demand Requirements (in vehicles)
Requirements 20 35 50 80
Probability 0.35 0.15 0.1 0.4
Answer:
Transworld Deliveries
1. Transworld Deliveries should purchase additional vehicles and hire additional drivers.
2. I recommend 14 new vehicles with drivers to bring the number from 35 vehicles to 49 vehicles.
Explanation:
a) Data and Calculations:
Vehicles requirements (Range) 35 and 80
Own Vehicles being moved = 35
Cost of own fleet = $730 per vehicle
Cost of leasing = $1,300 per vehicle
Decision: Purchase additional vehicles or
Lease additional vehicles
Expected Vehicles Required:
Requirements 20 35 50 80
Probability 0.35 0.15 0.1 0.4
Expected value 7 5 5 32
Total expected number of vehicles required = 49
Additional vehicles required = 49 - 35 = 14
Cost of leasing additional vehicle = 14 * $1,300 = $18,200
Cost of purchasing vehicles and hiring additional drivers = $730 * 14 = $10,220
Difference in costs = $18,200 - $10,220 = $7,980
How has the current cultural environment of our country shaped the way that companies are looking at their own corporate cultural standard. In your response, please make sure to include in-text APA citations from our text as applicable. 700 word minimum.
The current cultural environment of our country has influenced companies to reevaluate and redefine their corporate cultural standards to align with societal values and address issues of diversity, inclusion, and social responsibility.
The current cultural environment of our country has prompted companies to reassess their corporate cultural standards to reflect societal values. This includes focusing on diversity and inclusion, social responsibility, and employee well-being. Companies recognize the strategic importance of diversity in creating a competitive advantage and are working towards cultivating inclusive environments. They are also addressing social issues and adopting sustainable practices to demonstrate corporate social responsibility. Moreover, companies are prioritizing the creation of positive workplace cultures that prioritize employee well-being and foster a respectful and supportive atmosphere. By adapting their cultural standards to align with the cultural environment, companies can meet the expectations of stakeholders, attract top talent, and contribute to a more inclusive and responsible society.
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In 2019, selected automobiles had an average cost of $12,000. the average cost of those same automobiles is now $13,200. what was the rate of increase for these automobiles between the two time periods? (
The rate of increase for these automobiles between the two time periods is 10%
What is automobiles?Automobile is the wheeled vehicle usually having four wheels and generally used for the transportation purposes. For example :- car, buses, trucks, bike etc.
In the above case, the average cost of the automobile is $12000 in 2009 but now it has increased to $ 13200. For the calculation of the increased rate of the auto mobile following formula is used as follows:-
Increased rate = (current value -Initial value )/current value * 100
=( $13,200 - $12,000)/ $12,000 *100
=$1200/ 12000 *100
= 10%
Therefore, the rate of the increase for these automobile between 2 periods is 10%.
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Which of the following is not a characteristic of managerial accounting?
a) Emphasizes decisions affecting the future.
b) Mandatory for external reports.
c) Need not follow GAAP.
d) Reports to those inside the organization.
Mandatory for external reports is not a characteristic of managerial accounting. Option B
What is managerial accounting?
Managerial accounting is concerned with furnishing data and evaluations that aid in internal decision-making procedures within a company. This tool is mainly utilized by both the managers and staff in the company to aid in activities such as planning, control, and decision-making.
Hence, external reports that are created for individuals outside of the company, such as investors, creditors, and regulators, are not required as a necessity.
Managerial accounting prioritizes future decisions by supplying prospective data to steer managerial decision-making. Although it is intended for internal purposes and can be tailored to suit the organization's unique requirements, it may not adhere to the Generally Accepted Accounting Principles (GAAP).
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Among the characteristic of Managerial Accounting listed in the option, the one that is not characteristic of managerial accounting is Mandatory for external reports, because Mandatory for external reports are reports that are not confidential information which are communicated amongst the public and stockholders, option b
What is Managerial AccountingManagerial accounting is a procedure of presenting or communicating financial information in order identifying , evaluating , analyzing, interpreting, to managers of a given organization for the purposing of pursuing and achieving the goals of the organization's
Managerial accounting helps in making important business decisions most information presented are confidential are not communicate to the public and stockholders
Therefore the correct answer is same above
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Saira works for an accounting firm. Her annual salary is $70,000. She also earned income from rental property of $25000. Her other income constitutes capital gain from selling shares was $2000 \& from selling personal use assets was $7000. Calculate the total Ordinary income for Saira.
Total Ordinary income for Saira can be calculated by adding up her salary and all other ordinary income. The capital gain from selling shares and from selling personal use assets are classified as other ordinary income.
Therefore, the total ordinary income for Saira is: Ordinary Income = Salary + Other Ordinary IncomeOther Ordinary Income = Capital Gain from Selling Shares + Capital Gain from Selling Personal Use Assets= $2,000 + $7,000= $9,000.
Hence, the total ordinary income for Saira is:Ordinary Income = $70,000 + $9,000= $79,000Therefore, Saira's total ordinary income is $79,000.
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1. Suggestions of recommendation to a finance company how to
improve loan market?
2. What can be the core components of a finance company?
1. Recommendations to improve loan market for a finance company include improving customer experience, streamlining loan application processes, offering competitive interest rates, diversifying loan products, and implementing effective risk management strategies.
2. The core components of a finance company typically include loan origination, underwriting and credit analysis, loan servicing, customer relationship management, risk management, and compliance.
1. To improve the loan market, a finance company can consider several recommendations. Firstly, enhancing the customer experience by providing efficient and user-friendly loan application processes can attract more borrowers. Offering competitive interest rates and terms can make the company's loan products more appealing to potential customers. Diversifying loan products to cater to different market segments and customer needs can also expand the company's customer base. Implementing effective risk management strategies, such as thorough credit analysis and underwriting processes, can help mitigate potential loan defaults.
2. The core components of a finance company typically include loan origination, where loans are sourced and initiated; underwriting and credit analysis, which involves assessing the creditworthiness of borrowers and determining the terms of the loan; loan servicing, which includes collecting loan payments and handling customer inquiries; customer relationship management, which involves building and maintaining relationships with borrowers; risk management, which encompasses assessing and managing the risks associated with lending activities; and compliance, which ensures adherence to regulatory requirements and industry standards.
By focusing on these core components, a finance company can establish a solid foundation for its loan market operations and enhance its overall performance and competitiveness.
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.................. people lack enthusiasm.
prolly cuz we're all depressed in our own lives.