Answer: sales budget
Explanation:
The sales budget is regarded as the master budget process starting point. The sales budget is essential as it depicts the planned sales units as well as the expected dollars that would be gotten from the sales.
The main reason why the sales budget is regarded as the beginning point in the budgeting process is due to the fact that the plans in a organization are usually linked to sales.
Answer:
c. Neither Gabriella nor Juanita will recognize gain on the transfer.
Explanation:
This is because gabriella transfers cash of 50,000 and does not earn any gain on it, so no gain is recognized.
Answer:
b. $92,561
Explanation:
Face Value = 100,000.00
Term (in years) = 10
Total no. of interest payments = 20
Market Rate = 6.0% / 2 = 3.0%
Coupon Rate = 5.0%/2 = 2.5%
Amount PV factor Present Values
PV of Face Value of $100,000 0.553675754 $55,367.58
PV of Interest payment $2,500 14.87747486 <u>$37,193.69</u>
Issue Price of Bonds <u>$92,561.26</u>
Answer:
$17.37
Explanation:
Rosita's made an announcement that the next annual dividend payment will be $1.65 per share
The dividend will increase by 2.5% annually
= 2.5/100
= 0.025
The rate of return is 12%
= 12/100
= 0.12
Therefore, the maximum amount that should be paid to purchase this stock can be calculated as follows
Po= $1.65/(0.12-0.025)
= $1.65/0.095
= $17.37
Hence the maximum amount that should be paid to purchase a share of the stock is $17.37
The main reason why firms <em>make changes to a product</em> or adjust prices in a market deemed the bottom of the pyramid is because:
- There is a large, impoverished population that still wants and needs consumer goods but cannot pay the prices that the fewer, wealthier consumers in developed nations can.
<h3>What is Market Price?</h3>
This refers to the current market value of a particular product which can be purchased at a particular time and this can be affected by different factors.
With this in mind, we can see that there are adjustment in prices even in markets in the bottom pyramid mainly because a poorer population needs the product but cannot pay the prices than wealthier nations.
Read more about market price here:
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