Answer:
Net Income for the year 234.500
Explanation:
Income Cash collected 375.000
Income Customer Owed 67.000
Total Income 442.000
Expenses Employees 127.000
Utilities 57.000
Rent 23.500 The effect on results of for 1 year was paid for 2 years in advance.
Total Expenses 207.500
Net Income 234.500
Answer:
Soft rationing
Explanation:
Soft rationing is when a company reduces the capital funds it uses for it business processes. This can occur as a result of internal factors like shareholders not wanting to have a high debt profile for the company, wanting to raise capital slowly, and the uncertainty of future funding needs (some future project may be more important than present ones).
In this scenario Brubaker & Goss management has decided to allocate the available funds based on the profitability index of each project since the company has insufficient funds to fulfill all of the requests.
This is using soft rationing to limit use of funds.
Answer:
The total amount of paid-in capital in excess of par is: $5,000.
Explanation:
When Common Stocks are classified as par value Stocks, any price paid in excess of the par value of the Stock is accounted for in the Share Premium account.
<u>Here is the Summary of the Transaction provided.</u>
Common Stocks : 260 shares × $100 = $26,000
Paid-in capital in excess of par : $31,000 - $26,000 = $5,000
Answer: D - Budget Estimate Submission (BES)
Explanation: Budget Estimate Submission (BES) is a proposal prepared for all available resources including funding, force structure and personnel strength over a five year period. The proposal is then submitted to the office of the secretary of defense for the inclusion in the department of defense Budget.
After which a Budget review is conducted by the Secretary of Defense with OMB participation, to review department/agency estimates of program costs. This budget takes care of:
1) Program Pricing
2) Program Executability
Answer: Requested Changes is an output of Risk monitoring and control.
Explanation: In risk monitoring and control, the progress of a project being executed is tracked, evaluated, reviewed, and reported.
Requested changes is one of the outputs of risk monitoring and evaluation that involves making a formal demand for a change to be effected in the project.
