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zubka84 [21]
2 years ago
12

Given the following information for the year ended December 31, what is the ratio of cash to monthly cash expenses? Negative cas

h flow from operations $(540) Cash and cash equivalents as of year-end.
a. 10.0
b. 12.0
c. 14.4
d. None of these choices are correct.
Business
1 answer:
krok68 [10]2 years ago
3 0

Answer:

d. None of these choices are correct.

Explanation:

For computation of ratio of cash to monthly cash expenses first we need to find out the monthly cash expenses which is shown below:-

Monthly Cash Expenses = Negative cash Flow ÷ Number of Months in a year

= $540 ÷ 12

= $45

The ratio of Cash To Monthly Cash Expenses = Cash and cash equivalents at Year End ÷ Monthly Cash Expenses

= $495 ÷ $45

= 11

Therefore for computing the ratio of Cash To Monthly Cash Expenses we simply applied the above formula.

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Manning Company issued 10,000 shares of its $5 par value common stock having a fair value of $25 per share and 15,000 shares of
Setler79 [48]

Answer:

$240,909

Explanation:

Given:

Number of common stocks issued = 10,000

Value of common stock = $5

Fair value per share = $25

Number of shares of $15 par value = 15,000

preferred stock having a fair value of $20 per share = $530,000

Total market value of the stocks = 10,000 × $25 + 15,000 × 20 =  $550,000

Now,

The proceeds that would be allocated to the common stock will be

= \frac{\textup{Total fair value of common stocks}}{\textup{Total maket value of the stocks}}\times\textup{Preffered value of total stocks}

= \frac{10,000\times25}{550,000}\times530,000

= $240,909

4 0
2 years ago
Suppose that you have just borrowed $250,000 in the form of a 30 year mortgage. The loan has an annual interest rate of 9% with
Oksi-84 [34.3K]

Answer:

Consider the following calculations

Explanation:

  • PMT(Interest_Rate/Num_Pmt_Per_Year,Loan_Years*Num_Pmt_Per_Year,Loan_Amount)

  • Interest_Rate = 0.09

  • Num_Pmt_Per_Year = 12

  • Loan_Years = 30

  • Loan_Amount = 250,000

  • If you input these values on a financial calculator, PMT = 2011.56

  • Balance of the loan at the end of 13 years = 209798.54

  • Interest paid in the 6th year = 21464.51

  • 224th Payment Principal = 722.70

7 0
2 years ago
A Municipal Finance Professional (MFP) lives in State A. The MFP gives $200 to the election campaign of a personal friend who is
Darya [45]

Answer:

B The payment will not result in the employing firm being banned from doing municipal securities business with State B because it was made based on a personal relationship.

Explanation:

The rule of de minimis applies to persons making donations to candidates vying for elective positions.  $250 de minimis is applicable to a person who will vote for a candidate in an election.  If a person will not vote for the candidate, the de minimis is $150.

In this case, the MFP will not be voting for the candidate.  She is allowed to donate only $150.  Any excess will be refunded.  However, since the MFP is making the donation on his personal capacity, the firm as a separate entity will not be penalized for what the MFP does with her money.  It is likely that the firm does not even do contracts with the municipality.  However, they are not based in the same area.

8 0
3 years ago
Sherman, who owns property in a life estate, neglects the property, significantly diminishing its value. this is called ______.
asambeis [7]

Sherman, who owns property in a life estate, neglects the property, significantly diminishing its value. This is called a<u>n act of waste</u>.

The diminishing value technique assumes that the cost of a depreciating asset decreases extra within the early years of its effective life.

Basically, you take the number 2 hundred and divide it by the object's effective existence. For instance, 10 years, and specific that as a percentage (two hundred/10 = 20% in this example). The depreciation price applies to the faded cost of the asset after it's been depreciated every 12 months.

In the diminishing value approach, depreciation is calculated on the e-book cost of the asset at the start of the year rather than the precept amount with constant percent. on this, the percentage is identical however depreciation quantity steadily decreases as it's far completed on book value.

Learn  more about diminishing value here brainly.com/question/18633836

#SPJ4

3 0
2 years ago
Which of the following represent the newer tools of digital direct​ marketing? A. ​Telemarketing, direct-mail​ marketing, and ca
schepotkina [342]

Answer:

D. Online​ marketing, social media​ marketing, and mobile marketing

Explanation:

Digital direct marketing is a fusion of <em>digital </em>and <em>direct </em>marketing. <em>Digital </em>includes online and mobile (smartphone) media, while the traditional media often refers to telephones, TV, brick-and-mortar shops...

Since the term <em>direct</em> refers to the way of approaching customers, it is important to make a distinction between marketing channels and media that are aimed for a wider public, and the ones that have the possibility of targeting a specific customer or target group.

The only answer that includes types of DDM (digital direct marketing) is <em>D</em>.

Online and social media marketing are tightly related and are digital by nature. They have the functionality to target customers directly with the aid of <em>cookies </em>and data provided by social media. Also, mobile marketing is direct and digital too, as it is related to smartphones and unique phone numbers (thus, it is direct).

5 0
3 years ago
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