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Ivahew [28]
3 years ago
9

The purpose of a budget is to track your income and your spending. true or false?

Business
2 answers:
skad [1K]3 years ago
3 0
False we use it to save money
solong [7]3 years ago
3 0
False. Tracking income and expenses does not require a budget.
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Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's pr
BartSMP [9]

Answer:

Option B, IRR is 14.42%

Explanation:

The IRR is the rate of return that equates the cost of the project to the present value of cash flows receivable from the project in future.

Using an excel approach, the formula formula IRR is given as:

=irr(values)

The values in this case are

-$1300 in  year 0

$450 in year 1

$450 in year two

$450 in year 3

$450 in year 4

The irr gives 14.42% as shown in the spreadsheet attached

The cost of the investment of the investment project of $1300 equals the present values of its cash flows at 14.42% rate of return

Download xlsx
4 0
3 years ago
Let S(x) denote "x obeys the speed limit," where the domain is the set of all drivers. Express the negation of the proposition "
Ira Lisetskai [31]

Answer:

Using Quantifiers: ¬∃x¬S(x)≡ ∀xS(x)

English Language: All drivers obey the speed limit

Explanation:

The domain is the set of all drivers i.e. the domain of drivers

Let S(x) be the predicate “x obeys the speed limit.”

The above statement can be written as ∃x¬S(x),

The negation is represented by ¬∃x¬S(x)≡ ∀xS(x)

In English Language, it is ->, all drivers obey the speed limit

8 0
2 years ago
A corporation with both preferred stock and common stock outstanding has a substantial credit balance in its retained earnings a
german

Answer:

Profit re-investments, purchase of another company, financial troubles

Explanation:

The first reasons could be that the company wants to reinvest its profit after it pays out dividends on preferred stocks or in other words if it wants to finance its future growth. Another reasons could be that the company has decided to withhold some of its earnings for future acquisitions. Third possible reason could be that the company wants to defer the payments on common stock for some time.

4 0
3 years ago
Douglas Company issued 5-year bonds on January 1. The 12% bonds have a face value of $35,000,000 and pay interest every January
Blababa [14]

Answer:

Given:

12% bonds have a face value of $35,000,000

Bonds sold for $37,702,483 based on the market interest rate of 10%.

∴

The interest expense on July 1 can be computed as

Interest expense = Bonds sold × Effective market interest rate (\frac{10}{2} = 5%)

= $37,702,483 × .05 (1/2 of the effective interest rate)

= $1,885,124

⇒ The interest expense on July 1 is $1,885,124

4 0
2 years ago
Donna wants to open her own business. She decides that she needs to make a strategy for determining what product she should sell
Tasya [4]

Answer:

Market survey

Explanation:

For Donna to open a new business  in which she will be successful and very profitable she needs to know what problem/need her new business/product can solve in the society. this is very important to know before engaging in any form of business because businesses that solve problem/needs of its community tend to strive better even in a bad economy.

The best marketing strategy to determine this need/want is called Market survey. this survey can be carried out by creating a one page questionnaire about her intended product and post/send it to the relevant audience for appropriate feedback and also to professionals in her intended product. the feedback she gets from the questionnaire will help inform her on the best product to sell.

7 0
3 years ago
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