Answer:
From the attached excel file, we have:
a. Ending Cash Balance:
October = $30,000
November = $30,000
December = $34,546
b. Loan Balance End of Month:
October = $20,100
November = $15,301
December = $0
Explanation:
Note: See the attached excel file for the cash budget for October, November, and December.
In the attached excel file, the following calculations are made:
October additional loan = Minimum required cash balance - October Preliminary cash balance = $30,000 - $19,900 = $10,100
November Loan Repayment = November Preliminary cash balance - Minimum required cash balance = $34,799 = $30,000 = $4,799
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Who are the biggest companies in the cruise retail Industry?
Jun 29, 2018
As the cruise industry continues to expand rapidly around the world the growth in the onboard cruise retail market is significant. This year just about every major cruise line will have a new ship with wide public and commercial spaces dedicated for retail shops. The biggest companies operating in cruise retail sector are Starboard Cruise Services, Harding Retail, and Dufry Ltd.
With retail shops operating on 96 cruise ships, Starboard Cruise Services has firmly established as the largest and dominant cruise retailer in the world with the biggest share in the cruise retail market.
This year Starboard Cruise Services, which is part of LVMH Moët Hennessy Louis Vuitton, celebrated its 60th anniversary with the debut of its newest innovative retail concepts of exclusive shops and brands on the industry's newest and largest cruise ships, including Carnival Horizon, Royal Caribbean's Symphony of the Seas and Celebrity Edge. Other newly executed retail contracts have been signed with Norwegian Cruise Line to operate retail on three of their newer ships and a multi-year contract with Costa Cruises including the new Costa Smeralda launching in 2019 and Royal Caribbean’s Spectrum of the Seas.
An activity-based costing system is uses numerous overhead cost pools. Thus, the last option is correct.
<h3>What is Activity based costing?</h3>
Activity based costing is the technique which is used to calculate the cost based on the activity. It is the prediction of the cost, in which overhead cost and indirect cost are assigned.
This approach allocates fixed and variable expenses, as well as overhead and indirect costs, to relevant goods and services, allowing a business to determine the true cost of a product, service, or activity.
Therefore, it can be concluded that the last option is correct.
Learn more about Activity based costing here:
brainly.com/question/15862944
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Answer:
$14038
Explanation:
The company has marginal revenue R'(t) = 
. Therefore its revenue R(t) is given as;
R(t) = ∫R'(t)
R(t)= ∫ dt = + c
R(t) = + c
But R(0) = 0, therefore:
R(0) = 
+ c = 0
+ c = 0
100 + c =0
c = -100
Also the marginal cost per day is given by C'(t) = 140 - 0.3t
C'(t) = 140 - 0.3t
C(t) = ∫C(t) = ∫ (140 - 0.3t) dt = 140t - (0.3/2) t² + C
But C(0) = 0
C(0) = 140 (0) - (0.3/2)(0)² + c = 0
c = 0
C(0) = 140t - (0.3/2) t²
Profit P(t) = R(T) - C(T) , hence the total profit from t = 0 to t = 5 is given as:
P(t) = ![\int\limits^0_5 {[R'(t)-C'(t)]} \, dt =\int\limits^0_5 {([100e^t-(140-0.3t)]} \, dt=\int\limits^0_5 {100e^t} \, dt +\int\limits^0_5 {-0.3t} \, dt +\int\limits^0_5 {-140} \, dt \\\\=[100e^t]_0^5+[ -140t]_0^5+[-0.3t^2/2]_0^5=[14841.316-100]+[-700]+[-3.75]=14038](https://tex.z-dn.net/?f=%5Cint%5Climits%5E0_5%20%7B%5BR%27%28t%29-C%27%28t%29%5D%7D%20%5C%2C%20dt%20%3D%5Cint%5Climits%5E0_5%20%7B%28%5B100e%5Et-%28140-0.3t%29%5D%7D%20%5C%2C%20dt%3D%5Cint%5Climits%5E0_5%20%7B100e%5Et%7D%20%5C%2C%20dt%20%20%2B%5Cint%5Climits%5E0_5%20%7B-0.3t%7D%20%5C%2C%20dt%20%20%2B%5Cint%5Climits%5E0_5%20%7B-140%7D%20%5C%2C%20dt%20%20%5C%5C%5C%5C%3D%5B100e%5Et%5D_0%5E5%2B%5B%20-140t%5D_0%5E5%2B%5B-0.3t%5E2%2F2%5D_0%5E5%3D%5B14841.316-100%5D%2B%5B-700%5D%2B%5B-3.75%5D%3D14038)
The profit is $14038
Answer: An unfair trade practice
Explanation:
Insurance guaranty associations are the organizations that help in the protection of the interest of the insurance policyholders in a case whereby there's insolvency on the part of the insurance company.
In a scenario whereby an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Association, this is not appropriate and should be termed to be an unfair trade practice.
