Answer:
B. The zero based budget requires managers to re-justify every planned expenditure every year.
Explanation:
A zero based budget is one that does not take into account historical data when it is considering the present year budget. Each departmental requirement is re-evaluated and a new amount is assigned as budget for the year.
However conventional budgets carryover the previous year's expenses as a base data point. This results in similar budgeting across years.
So the main difference between the two is that zero based budget requires managers to re-justify every planned expenditure every year.
Answer:
Quality goal
Explanation:
Quality goals are objectives/targets of improvement in quality of the product produced or services rendered. Example of quality goals includes: reducing the number of defects, comparing quality of product or services to other competitors in the market, increasing durability, improving customer's experience and satisfaction, addressing data quality and process quality and so on.
In trying to solve the complaints problem, Microsoft needs to engage in a more rigorous QUALITY goal in order to improve the quality of the product.
Answer:
3.34 times
Explanation:
The market value of skipper incorporation is $720,000
The balance sheet shows a cash of $46,400 and debt of $230,700
The income statement has an EBIT of $103,700
The depreciation and amortization is $166,900
The first step is to calculate the enterprise value
= Market capitalization + debt - cash
= $720,000 + $230,700 - $46,400
= $904,300
The EBITDA can be calculated as follows
= EBIT + depreciation and amortization
= $103,700 + $166,900
= $270,600
Therefore the enterprise value-EBITDA can be calculated as follows
= 904,300/270,600
= 3.34 times
Answer:
Follows are the solution to this question:
Explanation:
Some of the missing data is defined in the attached file, please find it.
Bond problem rates
Diagram values are based on the following:
Bond issuance price
Timetable for bond amortization:
please find the attachment.
Answer:
1) UNDERWRITE involves the act of taking on any risk that might be related with the issue of a new security.
2. BEST EFFORTS is the responsibility of sharing a security without transferring the risk associated with the new issue from the company to the investors.
3. UNDERWRITING SYNDICATE involves a group of investors formed to share the risk of a security offering.
4.UNDER PRICING is the process of setting the price of a new security slightly below the market value to ensure a receptive sale.
5. AFTERMARKET is a secondary market where securities are traded after its initial offering to the public.
6.AGENT is one who sells or places an asset for another party.
7. SHELF REGISTRATION permits large companies to file one comprehensive statement with the Securities and Exchange Commission (SEC) outlining their financial plans for the next two years.
8. LEVERAGE BUYOUT occurs when either management or another investment group borrows the needed cash to rebuy all traded shares from the shareholders.
9. RESTRUCTURING involves the divisions and products are sold and assets redeployed into better yielding areas.
10. PRIVATIZATION is a situation Investors that take a company public, the investment bankers sell companies previously owned by governments.
