Answer:
He has created his own personal financial statements.
Explanation:
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Answer:
It would take exactly 37 years
Explanation:
If we suppose that the economy starts at 10,000 billion dollars in 2020, the economy would only double by the year 2057, reaching a value of 20,399 billion dollars.
If we substract 2020 from 2057, we obtain 37, which is the number of years it took for this economy to double growing at a rate of 2% per year.
Answer:
Total cash required= (15,820)
Explanation:
Giving the following information:
Crane Corporation is projecting a cash balance of $33,900 in its December 31, 2019, balance sheet. Crane’s schedule of expected collections from customers for the first quarter of 2020 shows total collections of $209,050. The schedule of expected payments for direct materials for the first quarter of 2020 shows total payments of $48,590. Other information gathered for the first quarter of 2020 is: sale of equipment $3,390; direct labor $79,100, manufacturing overhead $39,550, selling and administrative expenses $50,850; and purchase of securities $15,820. Crane wants to maintain a balance of at least $28,250 cash at the end of each quarter.
Cash budget:
From last year= 33,900
Collections= 209,050
Direct material= (48,590)
Equipment= 3,390
Direct labor= (79,100)
Overhead= (39,550)
Selling and administrative expenses= (50,850)
Securities= (15,820)
Ending inventory= (28,250)
Total= (15,820)
When compared to marketing strategies, marketing tactics generally involve actions that A. are detailed day-to-day operational decisions.
<h3>How do marketing strategies differ from tactics?</h3>
Marketing strategies are the general plans of action that a company hopes to accomplish as regards marketing.
The marketing tactics are the actual ways the marketing strategies will be achieved and so are more detailed.
Options for this question include:
- A. are detailed day-to-day operational decisions.
- B. are long-term rather than short-term.
- C. involve upper levels of management rather than front-line managers.
- D. are general rather than specific in nature.
- E. have been successfully implemented in the past.
Find out more on marketing strategies at brainly.com/question/25640993
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,Answer:
b. $544,500
Explanation:
For computing the required equity down payment on the property, first we need to find out the percentage of acquisition price which is shown below:
= Face amount of loan ÷ Acquisition price
= $975,000 ÷ $1,500,000
= 0.65 or 65%
Now the required equity down payment on the property is
= Acquisition price × (1 - percentage) + up-front financing cost × acquisition price × percentage of acquisition price
= $1,500,000 × (1 - 0.65) + 2% × $1,500,000 × 65%
= $525,000 + $19,500
= $544,500
The 2 points is in percentage form
