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3 years ago

"which would be the most appropriate type of application to create, analyze, and forecast budgets?"

Business

2 answers:

zepelin [54]3 years ago

8 0

The Microsoft Office applicaiton: Excel.

Vesnalui [34]3 years ago

5 0

i thinbk it would be Spreadsheet .

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(in millions) 2017 2016 Average common stockholders’ equity $2,825 $2,925 Dividends declared for common stockholders 335 630 Div

Greeley [361]

Answer:

a) Payout ratio for common stock:

= 0.60 or 60% for 2017

= 0.98 or 98% for 2016

b) Return on Common Stockholders' Equity

2017 = 19.82%

2016 = 21.88%

Explanation:

a) Data and Calculations:

(in millions) 2017 2016

Average common stockholders’ equity $2,825 $2,925

Net income 605 685

Dividends declared for preferred stockholders 45 45

Net income available for common stockholders 560 640

Dividends declared for common stockholders 335 630

Payout ratio for common stock:

= Dividends per share/Earnings per share

Dividends / Earnings for common stockholders

= $335/$560 = 0.60 for 2017

= $630/$640 = 0.98 for 2016

Return on common stockholders' equity:

= Earnings after preferred stock/Common Stockholders' Equity

2017 = $560/$2,825

= 0.1982

= 19.82%

2016 = $640/$2,925

= 0.2188

= 21.88%

6 0

3 years ago

What are the difference between aims and goal

aniked [119]

Answer:

Goal is a set target that a person wants to achieve, while Aim is the determined course a person sets to achieve a target.

6 0

3 years ago

Read 2 more answers

Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the c

ad-work [718]

Answer: $7924. 5

Explanation:

Given the following :

Cost of new equipment and timbers - $275,000

Working capital required - $100,000

Annual net cash receipts - $120,000

Cost to construct new roads in year three - $40,000

Salvage value of equipment in four years - $65,000

Kindly check attached picture for Explanation

4 0

3 years ago

Boston Cycles started October with 12 bicycles that cost $42 each. On October 16, Boston bought 40 bicycles at $68 each. On Octo

lana66690 [7]

Answer:

FIFO method of inventory valuation produced the lowest of goods sold at $2000

Explanation:

The implication of FIFO producing the lowest costs of good sold is that profit under FIFO method will be much higher since a lower costs of good sold is deducted from sales revenue to arrive at gross profit for the period

In addition, higher gross profit is also a pointer to higher net income and higher tax expense overall.

In order to manage tax exposure effectively,the LIFO method of valuation would be the best option as it has the highest costs of good sold,hence lower profit figure and lower tax liability

5 0

3 years ago

Suppose Friendly Airlines is considering signing a long-term contract with the union representing its pilots. Friendly Airlines

lesantik [10]

Answer:

This would harm the union and favor Friendly Airlines because the real wage increase would now be low.

Explanation:

With an increase in inflation more than was expected, it will be bad for the union but will be good for Friendly Airline because the higher the rate of inflation, the lower the real wages. The implication of this is that Friendly Airline can afford to increase its fare because of the high inflation rates, and due to inflation the union will not have any increase in wages.

3 0

3 years ago