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2 years ago

7

In the business world, you need this trait so you can stay ahead of the competition. independence risk-taking self-assurance con

trol

1 answer:

lesya692 [45]2 years ago

8 0

Answer:

oi

Explanation:

hi how are you feeling today

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Explain the effect that price has on goods and services are produced

Zinaida [17]

Positive coorelation.

A price goes up, more companies will produce goods and services because they want to take advantage of the higher price.

4 0

3 years ago

What is budgetary control?

Lyrx [107]

Answer:

The use of budgets in controlling operations

Explanation:

Budgetary control

The efficiency with which the manger utilizes the budget to control and monitor the costs and operations in a given period of time .

uses the budget as the controlling operations .

Steps of Budgetary Control:

a. Establish a plan or a target of the performance , which coordinates all the activities of the business .

b. Record the actual performance .

c. Compare the actual performance with the planned .

d. Calculate the differences , variances and the reasons .

e. Act immediately , if necessary, to remedy the situation.

5 0

2 years ago

Read 2 more answers

What is the payback period for the above set of cash flows? (Do not round intermediate calculations. Round your answer to 2 deci

inna [77]

Answer: 2.74 years

Explanation:

Payback Period is a method of capital budgeting that works by checking how long the project will take to repay the investment outlay.

The formula is;

Payback Period = Year before Payback Period occurs + $\frac{Cash remaining}{Cashflow in year payback happens}$

Initial Outlay = $4,650

First Year = $1,350

Second Year = $2,450

Third Year = $1,150

First year + second year = 1,350 + 2,450 = $3,800

Remaining till repayment = 4,650 - 3,800 = $850

Third year amount of $1,150 is higher than $850 so amount will be repaid in 3rd year.

Payback Period = Year before Payback Period occurs + $\frac{Cash remaining}{Cashflow in year payback happens}$

Payback Period = 2 + $\frac{850}{1,150}$

Payback Period = 2.74 years

4 0

3 years ago

Way Corporation disposed of the following tangible personal property assets in the current year. Assume that the delivery truck

Dvinal [7]

Answer:

ASSET ORIGINAL BASIS RATE PROPORTION DEPRECIATION

Furniture $60,000 8.93% 50% $2679

Machinery $72,000 10.93% 12.5% $983.70

Truck $20,000 19.20% 50% $1920

Machinery $280,000 7.55% 62.5% $48,212.50

Computer $80,000 50% <u> - </u>

TOTAL <u> $53,795.20</u>

Explanation:

Based on the MARCS depreciation table rates:

For a 7-year recovery period under the Half-Year (HY) Convention, in the 5th year rate = 8.93%

For a 7-year recovery period under the Mid-Quarter (MQ) Convention, purchased during the first quarter, in the 4th year rate = 10.93%

For a 5-year recovery period under the Half-Year (HY) Convention, in the 3rd year rate = 19.20%

For a 7-year recovery period under the Mid-Quarter (MQ) Convention, purchased during the fourth quarter, in the 2nd year rate = 27.55%

For disposal during a year,

Under the Half-year convention. The depreciation amount would be half i.e 50% of the total depreciation for the year

Under the Mid-quarter convention the percentage applied to the full year disposal is

12.5% for First Quarter

37.5% for Second Quarter

62.5% for Third Quarter

87.5% for Fourth Quarter

5 0

3 years ago

The utility score an investor assigns to a particular portfolio, other things equal, Group of answer choices will increase as th

Viktor [21]

Answer: will increase as the rate of return increases.

Explanation: Utility which is defined as the satisfaction experienced by a customer or investor in this regard is generally enhanced by higher expected returns and is diminished by increasing risks. Utility score is a measure of relative satisfaction that an investor derives from different portfolios. Other things being equal therefore, the utility score an investor assigns to a particular portfolio will increase as the rate of return increases.

4 0

3 years ago