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3 years ago

Holding cash simply as a financial reserve is referred to as the ____ motive.

1 answer:

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<span>Holding cash simply as a financial reserve is referred to as the "speculative" motive.

</span>Speculative motive refers to a strategy that is utilized by financial specialists/merchants to hold money to make the best utilization of any speculation opportunity that emerges later on. Keeping all cash contributed doesn't appear to be appealing constantly. Keeping up a decent lot of liquidity in one's portfolio is one of the best needs for n investor.
For the most part, financial specialists keep a decent measure of such money with them in order to acquire higher benefits.

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he St. Augustine Corporation originally budgeted for $360,000 of fixed overhead at 100% normal production capacity. Production w

OLga [1]

Answer:

$9000 (unfavorable).

Explanation:

Given: Budgeted fixed overhead= $360000.

Actual fixed overhead=$ 360000.

Actual production= 11,700 units.

The variable overhead rate was $3 per hour.

The standard hours for production were 5 hours per unit.

The fixed factory overhead volume variance is difference between actual production volume and budgeted production. It help in measuring the effecient use of fixed resources. It is termed as favourable if actual fixed overhead exceed the budgeted amount, however, it is unfavorable if the actual fixed overhead is less than budgeted amount.

Now, lets calculate the Actual fixed overhead cost.

Actual fixed overhead cost= $\textrm{actual fixed overhead}\times \frac{Actual\ production}{Budgeted\ production}$

∴ Actual fixed overhead cost= $\$ 360000\times \frac{11700}{12000} = \$ 351000.$

Actual fixed overhead cost= $351000.

Next calculating the fixed factory overhead volume variance.

The fixed factory overhead volume variance= $\textrm{Actual fixed overhead cost}-\textrm{budgeted fixed overhead}$

We know, Budgeted fixed overhead= $360000 and Actual fixed overhead cost= $351000

∴ The fixed factory overhead volume variance= $\$351000-\$360000= \$ 9000 (unfavorable)$

The fixed factory overhead volume variance= $9000 (unfavorable)

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3 years ago

Write a letter to your friend telling him/her about your health condition?

erik [133]

Answer:

Explanation:

Dear Y,

How are you? I hope you are well. I received your letter two days ago. But I could not answer in time because of my illness.

On last Saturday I went to school as usual. When I was returning home, it started rain. As I was in the way, there was no place to take shelter. As a result I got drenched. Soon after reaching home, I started coughing. I caught acute cold fever by night. Since then, I have been suffering from fever. Father took me to a doctor. But the doctor said that it would take at least 5 days to get cured. So, I am in bed now.

No more today. Take care of you and don’t move while it’s raining. Please pay a visit to our house if possible. Waiting for your reply.

Your loving friend

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2 years ago

Marwick Corporation issues 15%, 5 year bonds with a par value of $1,070,000 and semiannual interest payments. On the issue date,

Over [174]

Answer:

The bond's issue (selling) price = $1,146,890.2

Explanation:

The selling price of the bond is equivalent to the present value of all the cash flows that are likely to accrue to an investor once the bond is bought. These cash-flows are the periodic coupon payments that are paid semi anually and the par value of the bond that will be paid at the end of the 10 years.

During the 5 years, there are 10 equal periodic coupon payments that will be made. In each year, the total coupon paid will be $$1,070,000*0.15=$160,500$ and this payment will be split into two equal payments equal to $\frac{160,500}{2}=$80,250$ . this stream of cashflows is an ordinary annuity

The periodic annual market rate is equal to $\frac{0.13}{2}=0.065$

The PV of the cashflows = PV of the coupon payments + PV of the par value of the bond

=$80,250*PV Annuity Factor for 10 years at 6.5% + $\$1,070,000*\frac{1}{(1+0.065)^10}$

$=$80,250*7.1888+$1,070,000*0.5327 = $1,146,890.2$

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3 years ago

which of the following best describes the kinds of decisions that result from using cost-benefit analysis

ehidna [41]

With the absence of the options to choose from, lets look at general results of using cost-benefit analysis.

Explanation:

using cost-benefit analysis is a strategic way of making decisions based on cost and benefit solely.

Ideally any investment or strategic decision to be made by an institution needs a cost-benefit analysis.

This is done by listing all the projected resources needed to take up the strategic objective and costed. After which another list is made of the potential benefit that is likely to come to the organisation.

When the two is compared we say <em>you are making cost-benefit </em>analysis.

More often without secondary reasons, the option with the highest benefit over cost is chosen.

This cost and benefit analysis are made both qualitatively and quantitatively.

Quantitatively methods such as NPV are used.

#learnwithbrainly

7 0

3 years ago

____ involves completely disclosing to participants the goals and procedures involved in the study and obtaining their agreement

pychu [463]

Answer: The correct answer is OBTAINING INFORMED CONSENT.

Explanation: TIPS: In obtaining informed consent, participants are fully informed of the subject about his or her rights, the aim of the study, the procedures to be undertaken, the pros and cons of their participation, length of time of the study.

This is to ensure that the participation of subjects in the study is entirely voluntary and decision is not influenced.

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3 years ago