Answer:
a. corporate finance
Explanation:
Corporate finance -
It refers to the financial area , which is expertise in the source of funding , is referred to as corporate funding.
The action taken by the manager to increase the value of firms to the shareholders , this is the main focus of the corporate finance.
Hence , from the given scenario of the question,
The correct option is a. corporate finance .
Answer:
$31,000
Explanation:
Given:
Janie holds joint account with her mother that has a balance of $562,000. They are covered up to $250,000 each under Federal Deposit Insurance Corporation.
It is assumed by FDIC that all co-owners' shares are equal.
So, Janie's share in the balance = 562,000 ÷ 2
= $281,000
Amount insured = $250,000
Uninsured amount = 281,000 - 250,000
= $31,000
Therefore, Janie's savings worth $31,000 will not be covered by deposit insurance.
Answer:
(2). Although her request to telecommute was denied, Lindsay will begin a flextime schedule in two weeks.
Explanation:
The second choice would be the most preferred as it conveys the idea in a formal and precise manner. <u>The complex sentence beginning with the subordinate clause already hints the listener that the key message is yet to come. It helps him/her in understanding the intended message without any confusion</u>. The first sentence fails to create that specificity as it connects two independent ideas which remove the listener's focus from the main idea i.e. 'she will begin a flextime schedule in two weeks.' Thus, option (2) adopts the correct format and sentence structure to deliver the message effectively, efficiently, and precisely.
Answer:
-13.562%
Explanation:
Data provided in the question:
Net operating profit margin (NOPM) = 11.4%
Net operating asset turnover (NOAT) = 3.83
Return on equity = 30.1%
Adjusted return on assets = 17.1%
Now,
Return on equity = Nonoperating Return + Return in net operating assets
or
Nonoperating Return = Return on equity - Return in net operating assets
Also,
Return in net operating assets = NOAT × NOPM
or
= 3.83 × 11.4%
= 43.66%
therefore,
Nonoperating Return = 30.1% - 43.66%
= 30.1% - 43.662%
= -13.562%
Answer:
Dr interest expense $2448
Dr interest payable $3060
Dr Notes payable $61,200
Cr cash($2448
+$3060
+$61,200) $ 66,708.00
Explanation:
The interest accrued at 31st December 2022 is interest for 5 months which is calculated thus:
interest as at 31st December=5/12*12%*61,200=$3060
On that interest expense would have been debited while interest payable is credited with $3060
On the due date, interest for another months need to computed as follows:
interest for four months=4/12*12%*61,200=$2448
