Answer:
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Answers:
The correct answer is 1. a) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions. 2. d. budgeted income statement.
Explanation:
To begin with, a budget is an estimate of the expected results of a specific area in a given period, mainly one year. For its part, the master budget is a plan that covers all areas of the company, and can be adjusted depending on the situations or events that influence the achievement of results. This tool allows a projection of the expected returns taking into account a previous base and the current situation of the sector in which it is located, which is why it is important because it allows drawing a road map for the benefit of all collaborators.
Answer: c.$71 per machine hour
Explanation:
The Pre-determined Overhead rate is the rate Thomlin Company forecasted that the company would incur total overhead for the current year.
They forecasted total overhead of $11,597,000 with 164,000 total machine hours.
Since the rate is based on Machine Hours the rate would be,
= Total Forecasted Overhead / Total Forecasted Machine Hours
= 11,597,000 / 164,000
= 70.71
= $71
Answer:
Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased from 4.8% to 6.2%. The sacrifice ratio is:______
d. none of the above
Explanation:
a) Data and Calculations:
Old inflation rate = 3%
New inflation rate = 1.6%
Old unemployment rate = 4.8%
New unemployment rate = 6.2%
Ratio of old inflation rate to old unemployment rate = 3 : 4.8 = 0.625
Ratio of new inflation rate to new unemployment rate = 1.6% : 6.2% = 0.258
Sacrifice ratio = Difference between the two ratios = 0.367 (0.625 - 0.258)
b) The sacrifice ratio is the difference between the old ratio and the new ratio of inflation rate to unemployment rate.
Answer: If the required return is 11 percent, what is the project's NPV? (Do not round intermediate calculations and round your answer to two decimal places, e.g., 32.16.)
Explanation: