Which of the following is a trait that effective leaders demonstrate?

Steven is trying to save for a new car. What does he need to created to help him decide how much of his income needs to be used

Andrej [43]

Steven needs to create a budget that will list all of his expenses each month with regards to the income he brings in. Once Steven sits down and creates the budget he will see the money that is left over once he is done paying all of his necessary bills. The money that is left over can be saved to purchase a new car.

7 0

4 years ago

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The Heartlake Corporation manufactures and sells toy gyroscopes. The following data is related to sales and production of the to

ryzh [129]

Answer:

The Question is Incomplete; Full Question is as follows;

Using variable costing, what is the contribution margin for last year?

Contribution Margin = $362,900

Explanation:

Computation of expenditure margin by differential costing;

Sales Minus variable cost

Sales (190,000 *$8.20)

= $1,558,000

Variable cost of Manufacturing(190,000 units *$1.84)

= $349,600

— variable sales and administrative costs(190,000 units *$4.45)

= $845,500

= contribution margin = $362,900

Keep in mind that; Set or Fixed expenses and overhead costs are not taken into account when trying to calculate the contribution margin.

7 0

4 years ago

Desert Company issued $15,000,000 of 8% bonds on May 1, 2020, and received cash totaling $13,308,942. The bonds pay interest sem

balu736 [363]

Answer:

Desert Company

The TOTAL dollar amount of discount that was amortized during the entire first year (5/1/20 through 4/3/21) these bonds were outstanding is:

= $65,447.

Explanation:

a) Data and Calculations:

Face value of bonds = $15,000,000

Issue value (proceeds) 13,308,942

Discount on the bonds $1,691,058

Coupon rate = 8%

Effective interest rate = 10%

Period of bonds = 8 years

November 1, 2020:

Interest expense = $665,447 ($13,308,942 * 5%)

Cash payment = $600,000 ($15,000,000 * 4%)

Discount amortized $65,447

Bond outstanding value = $13,374,389 ($13,308,942 + $65,447)

May 1, 2021:

Interest expense = $668,719 ($13,374,389 * 5%)

Cash payment = $600,000 ($15,000,000 * 4%)

Discount amortized $68,719

Bond outstanding value = $13,443,108 ($13,374,389 + $68,719)

4 0

3 years ago

Explain how growth in the demand for Australia's natural resources would affect the demand for Australian dollars in the foreig

aleksley [76]

Answer:

The question here is that of the balance of trade and the principles of demand and supply.

According to the Economics principles of demand and supply, when demand is high, prices follow in the same direction and the currency appreciates in value.

So, on one hand, when the demand for Australia's natural resources increases, because the legal tender recognised within Australia's borders is its own currency, trading partners are forced to convert from their currency into the Australian dollars thus creating an increased demand for the currency.

On the other hand, if the value of a countrys imports is more than the value of its export transactions, the opposite would happen, that is, its currency depreciates or loses value.

Cheers!

6 0

3 years ago

Antitrust regulations would most likely require one of the following in order to determine whether or not a merger may enhance c

Crank

Answer: analysis using numerical tools

Explanation:

The main reason for the creation of Antitrust laws was to give power to the government to block some particular mergers and also break up the large firms to smaller ones.

Antitrust regulations would most likely require analysis using numerical tools in order to determine whether or not a merger may enhance competition.

8 0

3 years ago