Based on the expected sales, net profit margin, and dividend payout ratio, the projected increase in retained earnings for Khadimally Inc, is $33,181.71.
What is the projected increase in retained earnings?First find the expected profit:
= Sales x Net profit margin
= 763,500 x 5.3%
= $40,465.50
The projected increase is:
= 40,465.50 x (1 - 18%)
= $33,181.71
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Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their statements. If the APR is stated to be 20%, with interest compounded daily (365 days in a year), what is the card's effective annual interest rate?
The effective annual interest rate would be 19.5%.
APR is stated to be 20%, with interest compounded daily (365 days in a year),the card's effective annual interest rate will be 19.5 %.
What is Annual Percentage Rate (APR) ?The yearly interest rate you'll pay if you have a balance on your credit card is referred to as the annual percentage rate (APR). Some credit cards feature variable APRs, which means that over time, your rate may go up or down.
The best credit card APR is one that is around 10%, but you might need to visit your neighborhood bank or credit union to discover one. An APR that is lower than the average would also be regarded favorably by the Federal Reserve, which monitors credit card interest rates.
APR per year=20%
APR per month=20%/12=1.67%
EFF%=Effective Annual rate= (1+1.67%)12-1
EFF%=Effective Annual rate= (1.067)12-1
EFF%=Effective Annual rate= 1.1950-1=.1950 or 19.50%
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A _______ strategy that is aimed at increasing perceived value of goods and services by the customer usually fares best in a more _______ structure and a culture of innovation.
A differenciation strategy that is aimed at increasing perceived value of goods and services by the customer usually fares best in a more flexible structure and a culture of innovation.
What is differenciation strategy?Differentiation strategy involves designing a new product or doing something new which is much different from what the competitors do.
The uniqueness of the product could be in the branding and packaging which will tend to attract more customers.
Therefore, differenciation strategy that is aimed at increasing perceived value of goods and services by the customer usually fares best in a more flexible structure and a culture of innovation.
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For Gundy Company, units to be produced are 5,000 in quarter 1 and 7,000 in quarter 2. It takes 1.6 hours to make a finished unit, and the expected hourly wage rate is $15 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2022.
The preparation of a direct labor budget for Gundy Company for the 6-months ending June 30, 2022, is as follows:
Gundy Company
Quarterly Direct Labor BudgetFor the 6 months ending June 30, 2022:
Quarter 1 Quarter 2
Production units 5,000 7,000
Labor-hour per unit 1.6 1.6
Total direct labor-hours 8,000 11,200
Hourly wage rate $15 $15
Total direct labor costs $120,000 $168,000
What is a direct labor budget?The direct labor budget is a budget that calculates the total labor hours required to produce the budgeted units, according to the production budget.
The total direct labor hours are used to multiply the wage rate per hour to obtain the total budgeted direct labor costs.
Data and Calculations:Quarter 1 Quarter 2
Production units 5,000 7,000
Labor-hour per unit 1.6 1.6
Total direct labor-hours 8,000 11,200
Hourly wage rate $15 $15
Total direct labor costs $120,000 $168,000
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If a country is maintaining a healthy amount of growth, which of the following accurately describes the behavior of real GDP over time?
Real GDP fluctuates but follows a downward-sloping trend line.
Real GDP fluctuates but follows a horizontal trend line.
Real GDP fluctuates but follows an upward-sloping trend line.
Real GDP does not fluctuate if growth is occurring.
i think it Real GDP fluctuates but follows an upward-sloping trend line.
Answer: Real GDP does not fluctuate if growth is occurring.
Explanation:
If an adjusting entry for interest owed is recorded then the company must have issued:.
Debit your Interest Expense account and credit your Accumulated Interest Payable account to record the accrued interest throughout an accounting period.
What type of adjustment is interest payable?Interest Payable is a liability account that shows how much money the company owes in interest as of the balance sheet date.
Accountants understand that if a corporation has a balance in Notes Payable, it should record some amount in both Interest Expense and Interest Payable.
Thus, Accumulated Interest Payable account to record the accrued interest .
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The simplest way for a monopoly to arise is for a single firm to.
Answer:
1. Eliminate all the other firms.
Explanation:
Just for that single firm to create a new market where it is the only firm has the thing needed.
To find entries posted before the client's closing date what do you do?
1. Use the bank register.
2. Use the Audit Trail Report.
3. Use the Closing Date Exception Report.
4. None of the above.
what is inorganic and organi colloids
Answer:
3
Explanation:
its #3 because you would check the date and find out the closing report and yeah
True or false: A Balanced Scorecard framework allows companies to asses the value of IT investments in terms of contribution to strategic objectives
A Balanced Scorecard framework allows companies to assess the value of IT investments in terms of contribution to strategic objectives, is the true statement.
What is a balanced scorecard?The balanced scorecard is a strategic planning and performance management system that records financial and non-financial variables to determine the effectiveness of a business and when corrective action is required.
Companies can use a Balanced Scorecard framework to evaluate the value of IT investments in terms of their contribution to strategic goals.
This is because the scorecards provide management with valuable insight into their firm's service and quality in addition to its financial track record.
Therefore, the given statement is true.
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. Fixed costs are costs that remain the same in total dollar amount as the activity base changes. vary with the costs of the activity. are characteristically on the high end. are not considered when planning a budget.
Fixed costs are costs that remain the same in total dollar amount as the activity base changes. vary with the costs of the activity. Read below on fixed costs.
What are fixed costs?Fixed costs are costs that remain the same in total dollar amount as the activity base changes. Cost per unit changes inversely to changes in the activity base. Total cost remains the same regardless of changes in the activity base.
Therefore, the answer is option A. vary with the costs of the activity.
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If a manager is in a direct chain of command and has formal authority over people and resources, this is a ______ manager.
If a manager is in a direct chain of command and has formal authority over people and resources, this is a line manager.
What is a line manager?A line manager serves as the manager that is accountable for their department, or part in the business.
They manage one or more members of staff and they have has formal authority over people and resources.
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Will has been very meticulous in managing his employees. They have come to believe that he will do exactly what he says he will when he interacts with them. This is the concept of ______.
Will has been very meticulous in managing his employees. They have come to believe that he will do exactly what he says he will when he interacts with them. This is the concept of trust.
What is the concept of trust?Trust is a faith in the likelihood that someone will act in a certain way. A mental attitude toward the concept that someone is dependable is known as trust.
Trust is a feeling of assurance and security that a partner is concerned about the person.
In the above case, Will has been diligent in his employee management. When he engages with them, they have learned to think that he will do exactly what he says he will. Then, this is defined as the concept of trust.
Therefore, he will is using the concept of trust.
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Please check my answers.
Which of the following careers is in the field of finance? Select the two that apply.
A. architect
B. loan officer
C. accountant
D. systems administrator
E. career coach
The two answers I chose are B. "Loan officer" and C. "accountant" Please correct me if I'm wrong.
The careers that are related to finance are Loan officer (option B) and Accountant (option C).
What are finances?Finance is a term that refers to the study of raising and managing money and capital.
According to the above, it can be inferred that a loan officer and an accountant are related to the finance sector because their activities are related to the administration and obtaining of money:
Loan officer: It is a person who is in charge of studying the income of other people, in order to lend them money.Accountant: It is a person who keeps track of all income and expenses of a person, to manage money correctly.Learn more about finances in: https://brainly.com/question/10024737
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If your company is issuing new semi-annual 10 year bonds at par, what coupon rate must they have if they are rated BBB
The coupon rate that the company issuing new semi-annual 10-year bonds at par with a BBB rating is 8%, given its 2% credit spread with the treasury bonds.
What is a credit spread?A credit spread shows the difference in the yield rate between a U.S. Treasury bond and another debt security that has the same maturity period but a different credit quality.
Data and Calculations:Treasury bonds rate = 6%
Credit Spread for BBB rating = 2%
Coupon rate for a BBB-rated company = 8% (6% + 2%)
Question Completion:Use the following information for this question:
Rating Credit Spread
AAA 0.50%
AA 0.75%
BBB 2.00%
10-year treasury bonds ($100 Par value) with semi-annual coupons and a 6% coupon rate have a price of $95.00.
Thus, the coupon rate that the company issuing new semi-annual 10-year bonds at par with a BBB rating is 8%, given its 2% credit spread with the treasury bonds.
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If a competitive firm is currently producing a level of output at which profit is not maximized, then it must be true that
If the competitive firm is currently producing at a level of output at which profit is not maximized then it must be true that the Marginal revenue is less than the Marginal cost.
What is Marginal revenue?Marginal revenue refers to the increase in revenue earned by the increase in the sale of one additional unit of output.
The primary purpose of a firm is to make a "Profit" in the Long-run.
The goal of a firm is to maximize profits and minimize losses, so a shutdown is near if a firm is operating at the level of output where marginal revenue is not equal to or lesser than marginal cost.
Thus, the Firm keeps expanding its operations and production activity as long as the Marginal revenue is more than the marginal cost.
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detect and correct significant variations, or discrepancies, in the results of plans and activities.Multiple ChoiceQuality standardsQuantity standardsControl systemsPerformance systems
A contol system detect and correct significant variations, or discrepancies, in the results of plans and activities.
What is a control system?It should be noted that a control system manages, commands, and regulates the behavior of other devices or system.
In this case, a contol system detect and correct significant variations, or discrepancies, in the results of plans and activities.
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The Chronicle sells a local neighborhood group running an all block yard sale a quarter-page ad for $180. There are 18,000 subscribers, so the cost per thousand (CPM) is
Based on the cost of the quarter-page ad per page, the cost per thousand charged by the Chronicle is $10 per page.
What is the cost per thousand charged?
This can be found by the formula:
= 1,000 x Cost of ad / Thousands of subscribers
Solving gives:
= 1,000 x 180/ 18,000
= 1,000 x 0.01
= $10
In conclusion, the CPM is $10.
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Transaction Processing Systems (TPS) can make decisions using predetermined rules and processes. This is an example of a(n) _________ decision of a(n) ____________ control.
TPS can make decisions based on pre-defined rules and processes. This is an example of an operational control's structured decision.
What is Transaction Processing Systems?Transaction processing system is also denoted as TPS. It is a method of computing that breaks down work into discrete, indivisible activities known as transactions.
A transaction processing system is a software or may be hardware combination that facilitates transaction processing.
Therefore, the TPS is an example of a structured decision of an operational control.
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ent
What can help you meet your budget while shopping for
important items?
Buying the item with the best features.
A
Prioritizing features to meet your needs.
A list of the items one needs and prioritizing the features one needs will be most helpful in budgeting while shopping for important items.
What is budgeting?Budgeting is a preparation of estimated expenses that one wishes to spend to serve the purpose of the purchase as such. It is essential in comparison of estimates and actual expenses one meets with.
For example, one needs to purchase a laptop for the purpose of video editing, with good processors that support smooth and lag-free video editing.
In such cases, making a list of essential features in a laptop and giving the topmost priorities to the features one needs are to be taken into consideration while budgeting for such purchase.
Hence, options B; giving the priority to the needed features; and making a list of all the needed features will be the most helpful ones while budgeting the purchase for an essential purchase.
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The capital investment evaluation method that subtracts the initial investment from the discounted future net cash flows from the investment at the required rate of return is the:
Answer: net present value
Explanation:
______ are full-time salaried employees and are paid by the county or state (or by both) to represent defendants who do not have the money to retain private counsel
Althea is starting her own candle business. Her plan is to rent a space to sell her products for several years, with the hope of expanding. In this scenario, which item represents supply
The Commercial Space for lease represents the item of supply in this case.
What is Commercial Space for Lease?Commercial Space for lease is property that is used exclusively for business-related purposes or to provide a workspace rather than as a living space, which would instead constitute residential real estate.
Most often, commercial real estate is leased to tenants to conduct income-generating activities. This broad category of real estate can include everything from a single storefront to a huge shopping center.
This will help in increasing the revenue of the business, and its the place where the selling will take place.
Thus, In this scenario, which item represents supply is Commercial Space for lease.
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What is the difference between a teller's check and a personal check?
A. A teller's check is written by an individual to a bank teller and a
personal check is also written by an individual.
B. A personal check is issued by an individual and a teller's check is
issued by a bank teller.
C. A personal check is issued by a company and a teller's check is
obtained from the bank by an individual.
D. A personal check may not be drawn on a corporate account but a
teller's check may be drawn on a corporate account.
Answer:
B. A personal check is issued by an individual and a teller's check is issued by a bank teller.
Explanation:
A personal check is money that comes from one's own account in the bank and a tellers' check is money that a bank teller uses to pay other banks or financial institutions.
Why does Prof. St. Clair argue that allowing Lehman Brothers Investment Bank to fail in 2008 (i.e., during the Bush Administration) was a terrible decision?
According to Prof. St. Clair, allowing Lehman Brothers to fail in 2008 breached the Fed's primary mandate, and worsened the financial crisis of 2008.
What caused the Lehman Brothers' failure?The main cause of the failure of Lehman Brothers Investment Bank was its involvement in the subprime mortgage market.
Lehmann Brothers recorded unprecedented loss due to the 2008 subprime mortgage crisis.
The investment bank held onto large positions in subprime and other lower-rated mortgage tranches when securitizing the underlying mortgages.
Thus, according to Prof. St. Clair, allowing Lehman Brothers to fail in 2008 was a terrible decision because its failure breached the Fed's primary mandate, and worsened the financial crisis of 2008.
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Tom issues a 30-day note to Camille on November 1. Camille sells the note to US Trust Bank after 4 days. What is the discount date
Assuming Tom issues a 30-day note to Camille on November 1. The discount date is November 5.
What is Discount date?Discount date is the date in which the payment must be made or taken.
Since the 30-day note was issued on November 1 in which the note sold out after 4 days. After 4 days is November 5.
Note issued date: November 1
Note sold out date: November 5
Therefore the discount date is November 5.
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In the hotly competitive auto industry, Geely faces high pressure for cost reductions. The company also sells its Volvo brand to the same high-income, safety-conscious buyer the world over. The best strategy for Geely is a(n) __________ strategy.
Global standardization is the best strategy for Geely to device when faces high pressure for cost reductions.
What is Global standardization?Global standardization serves as the marketing approach which involves using of standard marketing strategies to promote products internationally.
Conclusively, Global standardization can help a firm facing high pressure for cost reductions.
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Assume Brandon can buy either 1 DVD for $20 or 3 CDs for $25. What is the opportunity cost if he decides to buy 3 CDs
Answer:
it yamom
Explanation:
OSHA has a regulation that requires private sector employers and many public sector employers, including many healthcare establishments, to record and report all work-related fatalities to OSHA within:
The regulation requires record and report of all work-related fatalities to OSHA within 8 hours.
What is OSHA?This is an acronyms for Occupational Safety & Health Administration that is an agency responsible for workplace safety.
The main purpose of the administration is to protect the health and safety of workers.
One of the regulation of OSHA requirs daily record and report of all work-related fatalities to OSHA within 8 hours.
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RJR Nabisco (a U.S. company) allows a company in Singapore to use its brand name and recipes to produce and sell one of its products - Planters Nuts. In return, RJR Nabisco receives a royalty fee. This type of international arrangement is called ______.
RJR Nabisco allows a company in Singapore to use its brand name and recipes to produce and sell one of its products - Planters Nuts. This type of international arrangement is called licensing.
What is licensing?Generally, licensing is simply defined as granting someone formal authorization to do, have, or sell something: In many nations, licensing is used to determine who should sell what.
In conclusion, a license shows the authenticity of a producer.
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Managing trade promotions programs constitutes a challenging part of the marketing planning process because ________.
Managing trade promotions programs is the challenging part of marketing planning process because it deals with gaining the heart of consumers.
What is Marketing planning?Marketing planning is a st of activities that help in supporting the business goals to achieve high sales.
One of the part of this planning is the establishment of a timeline for the process.
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A human resource department is evaluating its pay structure. A compensation specialist computes the compa-ratio of the designers and determines that it is 1.4. What problem is most likely to result from a compa-ratio of this size
The problem that is most likely to result from a compa-ratio of this size is when the company difficulty keeping costs under control.
What is a compa-ratio?This is a ratio that are used by compensation professionals to assess the competitiveness of an employee's pay level.
The ratio accesses the current pay rates as a percentage of range midpoints to know whether know wheter the employee is paid below or above market rates.
Howwver, when the compa-ratio of 1.4 is gotten, then, this happens because the company difficulty keeping costs under control.
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