Answer:
![\left[\begin{array}{ccc}&January&February\\$beginning&45000&27500\\$receipts&97000&150000\\$disbursement&-114500&-163500\\$interest&0&0\\$subtotal&27500&14000\\$minimun&20000&20000\\$Financing&&\\$beginning&0&0\\$payment/loan&0&6000\\$ending&0&6000\\&&\\$ending cash&27500&20000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%26January%26February%5C%5C%24beginning%2645000%2627500%5C%5C%24receipts%2697000%26150000%5C%5C%24disbursement%26-114500%26-163500%5C%5C%24interest%260%260%5C%5C%24subtotal%2627500%2614000%5C%5C%24minimun%2620000%2620000%5C%5C%24Financing%26%26%5C%5C%24beginning%260%260%5C%5C%24payment%2Floan%260%266000%5C%5C%24ending%260%266000%5C%5C%26%26%5C%5C%24ending%20cash%2627500%2620000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
On January we collect the 85,000 from revenues and the 12,00 form marketable securities.
Then, we add up each disbursement:
Materials 50000
Labor 30000
Overhead (net of depreciation) 19,500
Selling and administrative 15000
Total 114,500
Then we solve for the cash balance and get the blaance as it is higher than 20,000 we do not need financing
Then, this value is the beginning cash for February. As the ending balance is 14,000 we will take 6,000 financing to reach the bare minimum of 20,000
Answer:
LeCompte Corp.
The profit margin that LeCompte Corp. would need in order to achieve the 15% ROE, holding everything else constant is:
A) 7.57%.
Explanation:
a) Data and Calculations:
Assets = $312,900
Common Equity = Assets = $312,900
Sales for the last year = $620,000
Net income after taxes = $24,655
Expected return on equity (ROE) = 15%
ROE (in amount) = $312,900 * 15% = $46,935
Profit margin = Returns on Equity/ Sales * 100
= $46,935/$620,000 * 100
= 7.57%
b) The expected returns on equity in dollars is equal to the net income. Therefore, we can use the ROE to calculate the profit margin. The profit margin expresses the relationship between sales and profit. It shows the profit made from each dollar sales.
Answer:
REAL GDP
Explanation:
GDP typically used as a variable to measure a nation's economic strength within a certain time period. But often time, the value of GDP is a little bit jaded. If the inflation is high, an increase in GDP doesn't really mean that the country become more productive.
This is why there are many experts prefers to use REAL GDP as a more accurate unit to measure the economic strength.
The are great company and very patients w clients
Answer:
True
Explanation:
One of the significant advantages of development is its commitment to monetary development. Basically, advancement can prompt higher profitability. As profitability rises more commodities and are delivered which improves the economic growth. Financial development just originates from expanding quality and amount of the fundamentals of generation, which comprise of four wide types: land, labour, capital, and entrepreneurship. The components of generation are the assets utilised in producing goods and services.
