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seropon [69]
3 years ago
13

The basic difference between a master budget and a flexible budget is that a: Group of answer choices flexible budget considers

only variable costs but a master budget considers all costs. flexible budget allows management latitude in meeting goals whereas a master budget is based upon a fixed standard. master budget is for an entire production facility but a flexible budget is applicable to single departments only. master budget is based on one specific level of production and a flexible budget can be prepared for any production level within a relevant range.
Business
1 answer:
lubasha [3.4K]3 years ago
7 0

Answer:

master budget is based on one specific level of production and a flexible budget can be prepared for any production level within a relevant range.

Explanation:

A master budget is a budget that contains an aggregation of smaller level budgets into an overall single budget

A flexible budget is a budget that can be  adjusted based on the activity levels of a firm.

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Shoe Box Stores is currently an all-equity firm with 25,000 shares of stock outstanding. Management is considering changing the
notka56 [123]

Answer: d. Sell 210 shares and loan out the proceeds at 8 percent

Explanation:

Because the Firm wants to use a Debt to Equity Capital structure instead of an All Equity structure, she can lend money out at the company interest rate to NEGATE the conversion.

She can do this by selling 35% of her portfolio and loaning it out at 8%

35 % of her Portfolio would be,

= 0.35 * 600

= 210 shares

So she can sell 210 shares and loan at the proceeds at 8% to offset the Company's conversion

8 0
3 years ago
Old Economy Traders opened an account to short-sell 1,550 shares of Internet Dreams at $74 per share. The initial margin require
svetlana [45]

Answer:

A.37%

B.No because the margin is above the requirement at 37%.

C.-118%

Explanation:

Old Economy Traders

a.

1,550 shares*$74 per share = 114,700

margin requirement is 52% so equity =59,644

1 year later price increase to 81

$1550 shares*$81 per share = 125,550

Dividend = $4*1550 = 6,200

Margin = 114,700/131750 = 37%

b.

No because the margin is above the requirement at 37%.

c.

Price of 1550 stock year 1 at 81$/share = 125,550

114,700 – 125,500 = -10800

Rate of return = (-10800 -59,644)/59,644= -118%

8 0
3 years ago
Many older companies have changed from a defined-benefit plan to a(n) ________, which is a retirement plan where workers are cre
avanturin [10]

Cash balance plan is a retirement plan where workers are credited with a part of their pay annually and a predetermined rate of interest.

<h3><u>What is a Cash balance Plan?</u></h3>

A defined-benefit pension plan with a lifetime annuity option is referred to as a "cash balance pension plan."

<h3><u>What are some features of Cash balance plans?</u></h3>
  • Based on defined-benefit needs, the financing caps, funding requirements, and investment risk are established.
  • Like a defined-contribution plan, this type of plan is managed on an individual account basis.
  • The advantage of these programs is that age-based contribution caps are available.
  • Pretax contributions enable those 60 and older to save significantly more money each year than younger people.

You can learn more about defined pension plans work using the following link:

brainly.com/question/15241364

#SPJ4

6 0
1 year ago
A certain project has a project cost of $387,000 and the annual inflows resulting from the product created is $64,000. What is t
Komok [63]

Answer:

Payback period is 6.5625 years

Explanation:

All amounts are in $

Item                outflow              inflow       balance

Year 0            387,000               0            (387,000)

Year 1                  0                  64,000      (323,000)  

Year 2                 0                  64,000      (259,000)  

Year 3                 0                  64,000      (195,000)  

Year 4                 0                  64,000      (131,000)  

Year 5                 0                  64,000      (67,000)  

Year 6                 0                  64,000      (3,000)

The remaining $3000 will flow in

= (3000/64000) × 12

= 0.5625

Payback period is 6.5625 years

4 0
3 years ago
Jeffreys Company reports depreciation expense of $40,000 for Year 2. Also, equipment costing $240,000 was sold for a $10,000 los
Daniel [21]

Answer:

Computation of cash received from the sale of the equipment:

D. $58,000.

Explanation:

Computation:

Sale of Equipment Account

Equipment account   $240,000

less acc. depreciation  172,000

Net book value           $68,000

less loss on sale            10,000

Cash received            $58,000

Equipment Account

Year 1 balance         $750,000

Year 2 balance           510,000

Sale of equipment  $240,000

Accumulated Depreciation:

Year 1 balance         $500,000

Year 2 balance          328,000

Sale of equipment   $172,000

b) The sale of the equipment caused a loss of $10,000.  The net book value of the equipment is $68,000.  This implies that it was sold for $58,000 ($68,000 - $10,000).  So, the cash received from the sale is $58,000.

7 0
3 years ago
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