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3 years ago

Financial statements serve as a basis for management to develop expectations of where the company will be in future periods.

Business

1 answer:

bezimeni [28]3 years ago

5 0

Answer:

The statement is not true.

Explanation:

Financial statements are the one which is made by the management of the company and it represents the financial position and the performance of the company at a particular point of time. So, it can not serve as a basis for the management that they could develop the expectation where the company will stand in the future years or periods.

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Hi Tech Products has 35,000 bonds outstanding that are currently quoted at 102.3. The bonds mature in 11 years and carry a 9 per

Xelga [282]

Answer:

aftertax cost of debt =5.63%

Explanation:

fisrt we need to know the formula for the yield to maturity

Yield to maturity (YTM)

YTM= ( I+(F-P)/n ) / ( 0.6P +0.4F)

YTM= (9 + ( 100-102.3) / 11 ) / (0.6*102.3 + 0.4*100)

YTM= 0.0867

YTM= 8.67%

after taxes we have...

8.67% (1-0.35%)

=0.0563

=5.63%

6 0

3 years ago

Southwest Airlines has decided to review its industry and the major competitive players found in it. Southwest Airlines is in th

gizmo_the_mogwai [7]

Answer:

The correct answer is situational analysis.

Explanation:

Situational analysis is the study of the environment in which the company operates at a given moment, taking into account the internal and external factors themselves that influence how the company is projected in its environment.

The development of the situational analysis includes the following parts or action scenarios of the company.

Macroenvironment or general environment.
Microenvironment or specific environment.
Internal environment or company.

5 0

3 years ago

Describe five reasons people resist change at work place

nadya68 [22]

Answer:

Loss of status or job security in the organization. ...

(2) Poorly aligned (non-reinforcing) reward systems. ...

(3) Surprise and fear of the unknown. ...

(4) Peer pressure. ...

(5) Climate of mistrust. ...

6 0

2 years ago

Marlee mills owns a home in the village of Sheridan with a market value of $46,800. The assessed value of the home is $16,380. A

astra-53 [7]

Answer:

=> Danielle pay $573.3 in property tax

Explanation:

To calculate the property tax of the house, we take the property tax rate multiply by the assessed value of the property.

=> Property tax = Assessed Value x Property Tax Rate

The assessed value estimate the market value for the property, however even when there is large gap between these two, the assessed value is still used to calculate property tax because it is its purpose.

So that Danielle pay in property tax:

Property tax = 16,380 x 3.5 = 57,330 cent = $573.3

=> Danielle pay $573.3 in property tax

5 0

4 years ago

XYZ Company makes 400 widgets. The variable costs are $35.60 per unit and fixed costs are $30.00 per unit; however, $21.40 in fi

Anuta_ua [19.1K]

Answer:

increase in income of $80

Explanation:

Prepare an Analysis of Costs and Savings if the Company buys from Outside Supplier.

Note : The fixed costs per unit at are unavoidable are irrelevant and disregarded in this decision.

Analysis of Costs and Savings

Purchase Price (400 widgets × $44.00) = ($17,600)

Savings :

Variable Costs ($35.60 × 400 widgets) = $14,240

Fixed Cost ( $8.60 × 400 widgets) = $3,440

Net Income effect = $80

Conclusion :

The effect on net income if the company instead buys the widgets is an increase in income of $80

3 0

4 years ago