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3 years ago

Which statement about wants and needs is TRUE?

Business

1 answer:

valentina_108 [34]3 years ago

8 0

Answer:

The correct answer is letter "D": Wants and needs are what can lead to vastly different budgets among different people.

Explanation:

Needs represent what individuals cannot survive without. Wants are desires individuals have but are not necessary for their existence. People project their budgets based on their income and the needs and wants they would like to satisfy. <em>Thus, different people will have different budgets</em>. Most of the income is dedicated to needs usually but one single want can take a considerable percentage of an individual's income -buying a new high-end cell phone, for instance.

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Williams Company plans to issue bonds with a face value of $600,000 and a coupon rate of 8 percent. The bonds will mature in 10

gulaghasi [49]

Answer:

Decide the issuance of cost of the bonds:

The issuance cost of bonds is the sum the obliged substance raised through the issue of legally binding proclamation called bonds. The cost of securities relies on the assumed worth, time frame, the coupon rate and the market rate.

Coming up next are three general standards regarding bonds issue cost:

On the off chance that the coupon pace of the security is equivalent to the market loan fee, at that point the security is said to be given at standard.
On the off chance that the coupon pace of the security is more prominent than the market financing cost, at that point the security is said to be given at premium.
On the off chance that the coupon pace of the security is lower than the market loan cost, at that point the security is said to be given at rebate.

In the current case, both the coupon rate and the market premium are 8% and are equivalent. Thus, the issue cost of bonds is equivalent to the standard worth. That is $600,000.

3 0

2 years ago

RST consulting has offices in different locations around the country. Each division is self-contained and caters to the needs of

victus00 [196]

Answer:

The correct answer is geographic structure.

Explanation:

An organizational structure is the official design of a company's staff. The structure clearly defines the relationships of subordination, the authority in decision-making, and the physical location of employees of various departments. A geographic organizational structure groups representatives of each functional department into units formed to serve a specific market or region. Geographic units can be highly effective if they are located within the regions that serve and employ workers in the local work environment.

3 0

2 years ago

Minden Company is a wholesale distributor of premium European chocolates. The company’s balance sheet as of April 30 is given be

Anettt [7]

Answer:(1a) schedule of cash collected $221,800, schedule of cash disbursement for merchandise purchase $118,900 (1b) cash budget closing balance $19,260 (2) Net income $26,410 (3) Balance sheet Total Asset $364,510, Total Liabilities &Equity $364,510

Explanation:

Schedule of cash collected

Sales. 257,000

Less:Cash sales. 77,100

------------

Credit sales. 179,900

Cash collected in May

Credit sales( 50% ) 77,100

Account Receivable 54,750

May sales (179,900 × 50%) 89,950

---------------

Total cash collected. 221,800

-------------------

Schedule of cash disbursements for merchandise

Cash paid for May purchases (121,000×40%) 48,400

Cash paid for April purchases. 70,500

--------------

Total purchase payment for May. 118,900

-----------------

Cash Budget

Opening balance. 9,600

Add: Receipt

Collection from customers 221,800

Bank loan. 22,000

--------------

Total cash available. 253,400

Less: Disbursements

Purchase payment 118,900

Selling Expenses. 83,700

Note payable. 18,100

Interest on Note payable 340

Purchase of refrigerating equipment 13,100

----------------

Total Disbursement. 234,140

----------------

Closing Balance. 19,260

----------------

Minden company

Budgeted income statements for the month of may

Sales. 257,000

Cost of good sold

Beginning inventory 53,750

Add: purchases. 121,000

---------------

Goods available for sale 174,750

Less: Ending inventory. 31,000

-------------

Cost of good sold. 143,750

----------------

Gross Margin. 113,250

Selling & Administrative Expenses

(83,700 + 2,800) 86,500

---------------

Net operating income. 26,750

Less: interest expense. 340

----------------

Net income. 26,410

------------------

Budgeted Balance sheet

Asset

Cash. 19,260

Account Receivable 89,950

Inventory. 31,000

Building & Equipment

Net of Deprecation.

(214,000 + 13,100 - 2,800) 224,300

-----------------

Total Asset. 364,510

------------------

Liabilities & Equity

Account Payable(121,000 × 60%) 72,600

Note payable. 22,000

Common Stock. 180,000

Retained Earnings( 63,500 + 26,410) 89,910

------------------

Total Liabilities & Equity. 364,510

------------------

8 0

3 years ago

How are mortgage and auto loans similar?

timofeeve [1]

They both cost money to afford.

5 0

3 years ago

Read 2 more answers

According to the article, which economic event sparked the decade-long economic crisis?

valentinak56 [21]

A sudden rise in oil prices in 1973 sparked the decade-long economic crisis.

<u>Explanation: </u>

The decision to avoid selling oil to the U.S. as a result of the OPEC oil crisis

The ban was settled on 19 October 1973 by the twelve OPEC leaders. The oil prices increased in the next six months. Even when the blockade ended in March 1974, prices have continued to remain at higher levels.

In 1971 Nixon put a price ceiling on petroleum as oil demand rose and production decreased and foreign oil imports increased as sales were boosted at low prices. US crude oil shipments almost doubled from 1970 to 1973, exceeding 6.2 million each day in 1973.

6 0

2 years ago