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Advocard [28]
3 years ago
11

Bancroft & Morrison Inc., as an organization, believes that it should always be prepared for the future. Thus, while plannin

g the budget each year, the senior management of the company leaves aside a portion of the company's earnings to be used in case the company deviates from its core plans or any unexpected events occur. In this scenario, the senior management of Bancroft & Morrison Inc. is engaged in
Business
1 answer:
Elenna [48]3 years ago
6 0

Answer: Contingency planning

Explanation: Contingency planning refers to planning in a way that an organisation can appropriately respond to an event that may or may not happen in the future. Such planning is usually done for potential problems that may arise in the business environment.

Thus, from the above we can conclude that the management of bancroft is engaged in contingency planning.

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​in the context of in-house software development options, the choice between developing versus purchasing software often is call
Dafna11 [192]
The answer is "build or buy decision".

A build-or-buy decision is the demonstration of picking between assembling an item in-house or acquiring it from an outer provider. In a build-or-buy decision choice, the most critical elements to consider are a piece of quantitative examination, for example, the related expenses of generation and whether the business has the ability to create at required levels. 
8 0
3 years ago
Two years from now, the YTM on your bond has declined by 1 percent, and you decide to sell. What price will your bond sell for?
yanalaym [24]

You did not post the complete question so I will write only the missing components below that is needed to answer the question and some important definitions.

Definitions:

PVIFA - present value interest factor of annuity

PVIFA = \frac{1-(1+\frac{r}{t} )^{-n \times t } }{\frac{r}{t} }

t = number of regular intervals per year at which time the borrowed amount is to be paid back

r = annual interest rate

n = number of years to payoff the debt

We need to find the interest rate that equates the price we paid for the bond with the cash flows we received. The cash flows we received were $100 each year for two years and the price of the bond when we sold it. Also, remember the YTM on the bond has declined by 1 percent.

Let us assume a par value of $1,000. we need to find the price of the bond in two years. The price of the bond in two years, at the new interest rate, will be:

$100(PVIFA8.42%,17) + $1,000(PVIF8.42%,17) = $1,139.69

Answer:

Therefore, the bond will sell for $ 1,139.69 ± 0.1%

8 0
3 years ago
fter 15 years of employment in the airline industry, John started his own consulting company to use physical and computer simula
MA_775_DIABLO [31]

Answer:

The answer is "9%".

Explanation:

Please find the complete question in the attached file.

The formula for calculating the net return rate:

\to \text{Net return rate= MARR - Capital Cost}

                            = 17\% - 8\% \\\\= 9\%

Therefore, the net return rate is 9%.

3 0
4 years ago
Mitchell Corporation manufactures a single product. The selling price is $85 per unit, and variable costs amount to $68 per unit
Likurg_2 [28]

Answer: $ 70,500

Explanation:

Given, Number of units = 1800

Per unit selling price = $85

Total Sales price = (Number of units ) x (Per unit selling price)

= 1800 x $ 85

= $153,000

Variable cost  per unit = $68

Total variable cost = 1800 x $68 = $122,400

Contribution Margin = (Sales price ) - (Variable cost)

= $ (153000-122400)

= $30,600

Fixed cost = $16,500 per month

Profit = (Contribution Margin) - (Fixed cost)

= $(30,600-16,500)

= $14,100

PV ratio = (Contribution Margin) ÷ (Total sales) x 100%

= $ (30,600÷153,000)x 100%

=20%

Margin of Safety = (profit)  ÷ (PV ratio)

= ($14,100) ÷ (20%)

= ($14,100) ÷ (0.20)

= $ 70,500

Hence, the monthly margin of safety =  $ 70,500

8 0
3 years ago
CNBC.com reported mortgage applications increased 9.9% due to a decrease in the rate on 30-year fixed rate mortgages to 4.03%. D
guapka [62]

From the information given, the total interest payable on the mortgage is 290, 659.84 See the calculation and analysis below.

<h3>What is the calculation on the above mortgage scenario?</h3>

We are given

Vacation Home purchase amount = $250,000

Down payment = 20% i.e. $235,000 X 20% = $50,000

Loan Amount = $250,000 - $50,000

Rate = 7%

Period = 22 years = 22 x 12 = 264 monthly installment

Monthly installment = $1,858.56 (See attached spread sheet).

Recall that Total interest paid

= Monthly Installment X N - Principle loan amount

Hence,

1,858.56 x 264 - 200,000

= 490,659.84 - 200,000

Total interest paid = 290, 659.84

Learn more about interest on mortgage at;
brainly.com/question/1318711
#SPJ1

Download xlsx
7 0
2 years ago
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