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Papessa [141]
3 years ago
5

When preparing the financial analysis for a business plan, the required statements and schedules will depend on the:

Business
1 answer:
VARVARA [1.3K]3 years ago
8 0

Complete Question:

When preparing the financial analysis for a business plan, the required statements and schedules will depend on the:

Group of answer choices

A. size of the particular project.

B. plan's presentation procedure that is expected in your own organization.

C. project's complexity.

D. All of these are correct.

Answer:

D. All of these are correct.

Explanation:

Financial analysis can be defined as the process of analyzing the stability, profitability, accuracy and viability of a business entity through its financial statements.

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Hence, when preparing the financial analysis for a business plan, the required statements and schedules will depend on the following;

A. size of the particular project.

B. plan's presentation procedure that is expected in your own organization.

C. project's complexity.

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A loan officer states, "Thousands of dollars can be saved by switching to a 15-year mortgage from a 30-year mortgage." Calculate
Lynna [10]

Answer:

$113,465

Explanation:

Calculation to determine difference in total dollars that will be paid to the lender under each loan

First step is to Calculate the difference in payments on a 30-year mortgage at an interest rate of .75% a month

$100,000 = PMT([1 / (0.0075)] − 1 / {(0.0075)[(1.0075)]^30 × 12})

PMT = $804.62

Second step is to Calculate the difference in payments on a 15-year mortgage at an interest rate of .7% a month

$100,000 = PMT([1 / (0.007)] − 1 / {(0.007 )[ 1.007)]^15 × 12})

PMT = $ 978.87

Now let determine the Total difference

Total difference = ($804.62 × 12 × 30) − ($978.87 × 12 × 15)

Total difference= $113,465

Therefore difference in total dollars that will be paid to the lender under each loan is $113,465

6 0
3 years ago
The appearance of a résumé can change drastically after it has been scanned.<br><br> True<br> False
zhannawk [14.2K]
That statement is true

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4 0
3 years ago
Read 2 more answers
Explain the relationship between principal quantum number(n), size and energy of orbital​
Yuki888 [10]

Answer:

A total of four quantum numbers are used to describe completely the movement and trajectories of each electron within an atom. The combination of all quantum numbers of all electrons in an atom is described by a wave function that complies with the Schrödinger equation. Each electron in an atom has a unique set of quantum numbers; according to the Pauli Exclusion Principle, no two electrons can share the same combination of four quantum numbers. Quantum numbers are important because they can be used to determine the electron configuration of an atom and the probable location of the atom's electrons. Quantum numbers are also used to understand other characteristics of atoms, such as ionization energy and the atomic radius.

In atoms, there are a total of four quantum numbers: the principal quantum number (n), the orbital angular momentum quantum number (l), the magnetic quantum number (ml), and the electron spin quantum number (ms). The principal quantum number,  n , describes the energy of an electron and the most probable distance of the electron from the nucleus. In other words, it refers to the size of the orbital and the energy level an electron is placed in. The number of subshells, or  l , describes the shape of the orbital. It can also be used to determine the number of angular nodes. The magnetic quantum number, ml, describes the energy levels in a subshell, and ms refers to the spin on the electron, which can either be up or down.

The principal quantum number,  n , designates the principal electron shell. Because n describes the most probable distance of the electrons from the nucleus, the larger the number n is, the farther the electron is from the nucleus, the larger the size of the orbital, and the larger the atom is. n can be any positive integer starting at 1, as  n=1  designates the first principal shell (the innermost shell). The first principal shell is also called the ground state, or lowest energy state. This explains why  n  can not be 0 or any negative integer, because there exists no atoms with zero or a negative amount of energy levels/principal shells. When an electron is in an excited state or it gains energy, it may jump to the second principle shell, where  n=2 . This is called absorption because the electron is "absorbing" photons, or energy. Known as emission, electrons can also "emit" energy as they jump to lower principle shells, where n decreases by whole numbers. As the energy of the electron increases, so does the principal quantum number, e.g., n = 3 indicates the third principal shell, n = 4 indicates the fourth principal shell, and so on.

Explanation:

3 0
3 years ago
The ending Retained Earnings balance of Lambert Inc. increased by $2.6 million from the beginning of the year. The company's net
const2013 [10]

Answer:

$5.2 million

Explanation:

Opening retained earnings + net income earned - dividend paid = Closing retained earnings

Given;

  • the ending Retained Earnings balance of Lambert Inc. increased by $2.6 million from the beginning of the year
  • net income earned during the year is $7.8 million

Therefore,

Dividend paid = -$ 2.6 million + $7.8 million

                       = $5.2 million

The amount of dividends Lambert Inc. declared and paid is $5.2 million.

8 0
3 years ago
Write a memo to management detailing the various classification of costs and provide two reasons for which it is important to cl
STatiana [176]

Answer:

Dear Management

Classifying costs in an essential part of the management of a business. Classifying costs help us identify more accurately where the money that the firm is spending is going, and this also allows us to identify what costs to raise or to cut.

Costs can be classified according to their nature: labor costs or material costs.

They can also be classified according to their traceability: direct costs (can be traced back to the final product), or indirect costs (cannot be traced back to the final product).

They can also be classified according to their behaviour: variable costs, mixed costs, and fixed costs.

And, they can be classified according to their function: production costs, commercial costs, administrative costs, and so on.

As can be seen, the classifications are numerous, and very important, and any well-run company makes use of these classifications in order to improve the performance of the business.  

6 0
4 years ago
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