The correct statement is that in the <u>spreadsheet </u>below, a <u>financial plan</u> for<u> </u><u>protecting assets </u>is missing. So, the correct option is C.
A financial plan for protection of assets seems to be missing, as there is no payment of premium of insurances in cash outflow columns.
<h3>Financial Plan </h3>
A financial plan refers to as the estimation and strategy making of the cash flows that an individual or an organization is to manage.
In the example above, it can be seen that there are a lot of cash outflows, but not a single dollar is spent on protecting the assets by way of payment of insurance premium.
So, a financial plan for protecting assets is advised to be created, as the individual will require protection against any unwanted and unprecedented losses or damages.
Hence, the correct option is C that in the spreadsheet below, a financial plan for protecting assets is missing as there is no payment towards insurance premiums in the cash outflows.
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Answer:
$105,547
Explanation:
Original cost of machine = $270,000
Machine sold for = $150,000
Book value = $120,000
Down payment = $30,000
$60,000 payable on December 31 each of the next two years
.
Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911
The amount of the notes receivable net of the unamortized discount:
= Amount paid on December 31st × Present value of an ordinary annuity
= $60,000 × 1.75911
= $105,547
Answer:
Participating
Explanation:
Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or dollar amount stated on the preferred stock. This feature is called: PARTICIPATING PREFERRED STOCK
This is because Participatory preferred stock gives an extra profit assurance to stockholders. Typically, all preferred stocks have a fixed dividend rate, which is the main benefit.
However, in the event where the issuing company meets specific financial targets, holders of participating stocks will get more dividend payments above the normal fixed rate.
Answer:
c. The array of forces attaching people to their jobs.
Explanation:
Job embeddedness is a study of employee retention. It focuses on all the forces and factors that retain an employee on the job. The theory identifies critical elements that determine a connection between an employee and their job.
These elements are Fit, Links and Sacrifice.
Fit is how the employee perceives their own compatibility with the job. Links are the number of connections the employee has in the working community. Sacrifice is the loss of potential benefits, in monetary terms or psychological, when the connections with the social community are broken.
Hope that helps.
Answer: d. a deduction of $80,000 under financing activities.
Explanation:
Under the indirect method of showing cashflows, there are 3 sections being the Operating section, the investing section and the financing section.
The relevant section is the financing section. Financing activities are those transactions that relate to the business raising capital to fund their operations. They do this through long term debt and equity.
Dividends is a payment to shareholders and so falls under equity so by extension falls under the financing section. As dividends reduce the amount of money the company has, it is also a deduction.
