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Furkat [3]
3 years ago
13

Cameron is an accountant in the accounting department of Data Analytics Company. Cameron's son's college tuition is due within a

week, or he cannot continue taking classes. To meet the due date, Cameron transfers funds from Data Analytics to a fictitious bank account, planning to repay the firm within one month. The transfer is discovered before the firm is re-paid, and Cameron is arrested. What crime, or crimes, if any, has Cameron committed?
Business
1 answer:
Nady [450]3 years ago
4 0

Answer:

Embezzlement

Explanation:

Based on the information provided within the question it seems that the biggest and most obvious crime that Cameron has committed Embezzlement.  This is when a company/employer places trust on an individual responsible for managing funds, and that individual steals or misappropriates those funds. Which is what Cameron has done by placing those funds in a fake bank account that he has access to in order to pay for his sons college tuition.

If you have any more questions feel free to ask away at Brainly.

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Help please Briefly explain how technology affects promotional strategies.
Vika [28.1K]

Answer: Technology has transformed marketing by making campaigns more personalized and immersive for people and creating ecosystems that are more integrated and targeted for marketers. And it's not just the interface between brands and people that have been transformed. ... 30% will prioritise technology over creativity.

5 0
3 years ago
Sherry is known for being very task oriented in her approach to manage subordinates. Which at the following statement is noot li
Furkat [3]

Answer:

a. She tends to work to develop trusting relationships with subordinates.

Explanation:

since in the given situation it is mentioned that sherry to be called as the very task oriented person in order to manage the subordinates so as per the given situation the first option is correct as it is not describe her behavior that she develop the relationship with the subordinates in a trust worthy way

So the option a is correct

6 0
2 years ago
Wildcat, Inc., has estimated sales (in millions) for the next four quarters as follows:
slavikrds [6]

Answer:

Wildcat, Inc.

WILDCAT, INC. Cash Budget (in millions)

                                                  Q1           Q2          Q3          Q4

Beginning cash balance         $78.00    $115.90   $48.45   $83.40

Net cash inflow                         37.90      -67.45     34.95      71.05

Ending cash balance             $115.90    $48.45    $83.40 $154.45

Minimum cash balance          -40.00     -40.00     -40.00   -40.00

Cumulative surplus (deficit)  $75.90      $8.45    $43.40  $114.45

Explanation:

a) Data and Calculations:

                                 Q1      Q2      Q3      Q4     Q1

Sales (in millions) $165   $185  $205  $235   $180

Accounts receivable at beginning of the year = $71 million

Collection period = 45 days = 50% in each quarter and 50% in the next

Purchases for the quarter = 45% of next quarter's forecast sales

Payment period = 36 days

Wages, taxes, etc. = 20% of sales

                                      Q1          Q2        Q3        Q4         Q1

Sales (in millions)        $165       $185    $205       $235     $180

Cash collections:

50% quarter of sales             82.50    92.50    102.50     117.50

50% next quarter                   71.00     82.50    92.50    102.50

Total cash collections          153.50    175.00   195.00   220.00

Purchases                              83.25     92.25  105.75   81.00

Cash Payments:

80% month of purchase      66.60     73.80   84.60   64.80

20% following purchase                     16.65    18.45     21.15

Total purchases payments 66.60     90.45  103.05  85.95

Wages, taxe, etc.                 33           37          41        47

Interest and dividends        16            16          16        16

Capital outlay                                     99

Total cash disbursements 115.60   242.45   160.05  148.95

Net cash inflow                   37.90   -67.45      34.95    71.05

Cash, beginning = $78 million

Desired minimum balance = $40 million

5 0
3 years ago
You were hired as a consultant to Quigley Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equ
alexgriva [62]

Answer:

A. 8.15

Explanation:

WACC is the firm's weighted average cost for the capital that is employed from different sources which includes common equity, preferred equity and debt.

In order to calculate WACC, the weighted average cost of each capital is added, so the formula becomes:

WACC = (E x %E) + (D x (1 - Tax) x %D) + (PE x %PE)

E = Common equity

D = Debt

PE = Preferred equity

%E = Common equity / total capital

%D = Debt / total capital

%PE = Preferred equity / total capital

Tax = Tax rate

<em>Interest on debt is a tax deductible expense therefore the interest rate is taken after accounting for tax in order to calculate WACC.</em>

<u>Calculation:</u>

Using the above formula we can calculate WACC

WACC = (11.25% x 55%) + (6.5% x (1-40%) x 35%) + (6% x 10%)

WACC = 0.0815 or 8.15%

7 0
3 years ago
Because farm products have a low elasticity of demand a small change in output will have
GaryK [48]
<span>Because farm products have a low elasticity of demand a small change in output will have a similar effect on the price. Since the low elasticity of demand directly relates to </span>pricing, when the smaller change in output happens, a smaller drop in profits does as well. The price of the item will decrease to compensate for less products selling. 
7 0
3 years ago
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