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ankoles [38]
3 years ago
5

What is the first step in setting up a budget? (1 point)

Business
2 answers:
Bond [772]3 years ago
6 0
Okay so, i don’t know, i’m so sorry.
Nataliya [291]3 years ago
3 0

Answer:

Likely D

Explanation:

Determine your net income for the year

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c. Provide a scenario, for the best date you can hit and the financial impact of hitting the next date you advise. If you can no
vivado [14]

In a supply chain, the constraint that prevent one from meeting deadline includes scope, cost, and time.

<h3>What is a workstream?</h3>

In the supply management context, this refers to the areas of activity into which a company's business may be divided.

Hence, its extends to or seen as the completion of tasks carried out by different people or teams on a product or project.

Generally, in a supply chain, the constraint that prevent one from meeting deadline includes scope, cost, and time.

Read more about workstream

<em>brainly.com/question/12306182</em>

#SPJ1

8 0
2 years ago
Chandler Co. has a loan that accrues interest at a rate of $28 a day. The company pays the interest once a quarter. What adjustm
shutvik [7]

Answer:

The Adjustment Entry for accrual of Interest Expense will be as follows:

                                              Dr.       Cr.

Interest Expense                $840

Interest accrued Payable               $840

Explanation:

Interest per day = $28

Interest expense for the Month = $28 x 30 = $840

$840 of Interest expense will be accrued at the end of the month and it should be adjusted accordingly.

5 0
4 years ago
Andrew Clark Company discovered the following errors made in January 2017.
Gala2k [10]

Solution :

Correcting the errors by reversing the incorrect entry and then preparing the correct entry :

<u>Sl. No. </u>    <u>Description</u>                                        <u> Debit</u>             <u>Credit</u>

1.           Cash                                                    $600

             Equipment                                                                   $600

             Salary and wages                                 $600

              Cash                                                                          $600

2.            Service revenue                                   $450

               Cash                                                                         $450

               Cash                                                    $4500

              Account receivable                                                    $4500

3.            Accounts payable                                   $250

              Equipment                                                                   $250

             Equipment                                                $520

                Accounts payable                                                      $520

4 0
3 years ago
The project team working on the XK11 could not meet its deadline and was given an extension. When that same team was assigned th
denis-greek [22]

Answer:

Rewards for inefficiency

Explanation:

Rewards for inefficiency refers to simply rewarding an employee or group of employees for not doing their work properly. In this case, the team that was working on project XK11 is inefficient and they are simply lazy or bad at what they do, and instead of taking actions to correct this bad behavior, management rewards them by giving them more time = less work.

The problem with this scenario, is that the team that is currently working on project YK12 will eventually realize that they are being punished for being efficient and working properly. They will soon start being inefficient and lazy as the other team in order to be rewarded.

7 0
4 years ago
To calculate the after-tax cost of debt, multiply the before-tax cost of debt by ________________
Lady_Fox [76]

Answer:

To calculate the after-tax cost of debt, multiply the before-tax cost of debt by <u>(1 - tax rate)</u>.

Water and Power Company (WPC) can borrow funds at an interest rate of 10.20% for a period of four years. Its marginal federal-plus-state tax rate is 45%. WPC's after-tax cost of debt is <u>= 10.20% x (1 - 45%) = 5.61%</u>.

At the present time, Water and Power Company (WPC) has 15-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,329.55 per bond, carry a coupon rate of 12%, and distribute annual coupon payments. The company incurs a federal-plus-state tax rate of 45%. If WPC wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)?

<u>B. 4.47%</u>

pre-tax cost of debt = bond's yield to maturity

approximate YTM = {120 + [(1,000 - 1,329.55)/15] /  [(1,000 + 1,329.55)/2] = 98.03 / 1,164.775 = 0.08416 = 8.416%

approximate after tax cost of debt = 8.4% x (1 - 45%) = 4.62 = 4.62

since I used the approximate yield to maturity, my answer is not exact. That is why I have to look for the closest available option.

4 0
4 years ago
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