Answer:
a. Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.
Explanation:
The cash budget is the budget that represents the receipts and payment of transactions held in cash
It includes the interest and dividend payment as it shows the outflow of cash if payment is made in cash
Moreover, it also affects the DSO and includes cash inflows with related to the long term sources such as issuance of bonds
But as we know that the depreciation is a non cash expense so it not much included but its effects are projected in the payment of tax
Answer:
Defection rate, or costumer defection rate is one of the major factors due to which a company can hit rock bottom. The costumer defection rate can be defined as the rate at which the existing costumers of a certain company leave a brand, to switch over a competitor, or stop using that certain type of product all together. If the marketers are considering the defection rate of a market segment, it means that they are considering the rate at which costumers are leaving a brand to join another, or leaving that market all together.
Answer:
<u>Part a: What will be the equilabrium price that Dumphy and Funke will charge?</u>
Answer: Price charged = $30
<u>Part b: What are the profits for Dumphy and Funke at the equilibrium price?</u>
Answer: Profit on equilibrium price = $0
<u>Part c: What type of competition would Funke and Dumphy likely engage in after the decrease in demand?</u>
Answer: Price competition
Explanation:
<u>Part a: What will be the equilabrium price that Dumphy and Funke will charge?</u>
Answer:
Price charged by each of the artists will be equal to their marginal cost.
Thus, equilibrium P = MC = $30.
<u>Part b: What are the profits for Dumphy and Funke at the equilibrium price?</u>
Answer:
Equilibrium profits will be 0 at the equilibrium because price charged is equal to MC, leading to no profits.
<u>Part c: What type of competition would Funke and Dumphy likely engage in after the decrease in demand?</u>
Answer:
Price competition - as changes in price will lead to changes in demand and thus sales
Answer:
See the explanation section.
Explanation:
Mar. 4 Cleaning supplies debit = $77
Accounts payable - Health-Rite Supplies credit = $77
<em>To record the purchase of supplies.</em>
Mar. 19 Office equipment Debit = $3,750
Accounts payable - office Warehouse Credit = $3,750
<em>To record the purchase of office equipment on account.</em>
Mar. 23 Cleaning supplies Debit = $224
Accounts payable - Rubble Supplies Credit = $224
<em>To record the purchase of supplies.</em>
Answer:
The remaining part of the question is:
Which statement is TRUE?
A. The registered representative needs no further licenses to sell managed accounts
B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts
C. The registered representative must post a surety bond prior to selling managed accounts
D. The registered representative is prohibited from selling managed accounts
<u>Correct Answer:</u>
B. The registered representative must pass either the Series 65 or Series 66 examination to sell managed accounts
.
Explanation:
Managed or wrap accounts are defined as "investment advisers" in most states. As such, the firm selling managed accounts must register as an investment adviser; and the individuals selling managed accounts for these firms must register as "investment adviser representatives" and pass either the Series 65 or Series 66 examination.
