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3 years ago

Explain the difference between mandatory and discretionary spending? provide an example of each kind of spending"

1 answer:

nataly862011 [7]3 years ago

5 0

Mandatory spending is something that either has, or is strongly urged to be done. Discretionary spending is based on the spenders discretion, if the spender thinks it needs to be spent, then they would do so. Example of mandatory spending would be paying back a loan. Example of discretionary spending would be a good business investment. Hope this helps!

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Speechmaking is a form of power and therefore carries with it heavy ________ responsibilities.

mixer [17]

Speechmaking denotes the act of making a speech or speeches. It is a formal speaking, 
Speechmaking is a form of power and therefore carries with it heavy ethical responsibilities.. Some of the guidelines for ethical speechmaking are: the gals of the speech should sound ethically Sound, the speaker should be fully prepared for each speech and be honest in what he/she says.
Very important abusive language must be avoided.

8 0

3 years ago

You purchase a twenty year zero coupon bond with a yield of 5%. One year later you sell the bond at a yield of 4%. What is your

astraxan [27]

Answer:

25.94%

Explanation:

Assume, Face value of bond =$1000

Purchase price of twenty year zero coupon bond = 1000/((1+i)^N) . Where, yield = 5% =0.05 , N= number of years to maturity =20

==> Purchase Price = 1000/(1.05^20)

Purchase Price = 1000/2.65329770514

Purchase Price = $376.89

Selling Price after one year: 1000/(1+I)^19. Where i=yield=4%=0.04, N=19

Selling Price=1000/(1.04^19)

Selling Price = 1000/2.10684917599

Selling Price = $474.64

Rate of Return = (474.64/376.89) - 1

Rate of Return = 1.25935949481281 - 1

Rate of Return = 0.2594

Rate of Return = 25.94%

7 0

3 years ago

Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of . The company u

Papessa [141]

Answer:

4.2 years

Explanation:

Here is the complete question

Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of $44,000. The company uses straight - line depreciation . Project A is expected to yield annual net income of $ 23,100 per year for the next five years.

Required:

Compute Project A's payback period.

Payback = amount invested / cash flow

cash flow = net income + depreciation

depreciation = (cost of asset - salvage value) / useful life

(385,000 - 44,000) / 5 = 68,200

Cash flow = 68,200 + $ 23,100 = 91300

$ 385,000 / 91300 =4.2

6 0

3 years ago

Tyson Foods is the largest U.S. beef and chicken supplier, processing more than 100,000 head of cattle and 40-plus million ch

Deffense [45]

Answer:

$810,000

Explanation:

The computation is shown below:

The increase in fixed cost is

= Salary of each sales representative × number of sales representatives hired

= $45,000 × 18

= $810,000

Now the increase in sales needed for break even is

= Increase in fixed cost ÷ Contribution margin ratio

= $810,000 ÷ 30%

= $2,700,000

As we know that break even sales is computed by dividing the fixed cost by the contribution margin ratio and we applied the same

5 0

3 years ago

When reviewing a business communication, it is best to seek feedback from Multiple select question. random strangers, asking the

OLga [1]

Yes. This is correct.

6 0

2 years ago