Answer:
The order in which the following budgets are generally prepared are as arranged below:
1. Sales budget
2. Production budget
3. Material purchases budget
4. Budgeted income statement
In an attempt to expatiate the decision above. We must observe that income statement starts with revenue. Similarly here, the budget will starts with sales. The revenue section is followed by production budget which from which various budgets like material, direct labor and overhead budget are prepared from. After the Production budget, follow the Material purchase budget, then Budgeted Income Statement
Answer:
The After Tax Cost of Debt = 0.072 or 7.2%
Explanation:
The question is to determine the After Tax Cost of Debt for Rolling Stone.
This is carried out as follows
Step 1: When we decide to calculate the Yield to Maturity, it should be noted that Market Value = Par Value
Therefore,
Coupon Rate which is the same as the Yield to Maturity (YTM) = 12%
Step 2: Based on this derivative, therefore,
After Tax Cost of Debt = Yield TO Maturity Rate (1-Marginal Tax Rate)
= 12% (1-40%)
= 0.12 (1-0.4)
The After Tax Cost of Debt = 0.072 or 7.2%
Answer:
c. 108.3
Explanation:
Calculation to determine what The value of the CPI in 2004 was:
Using this formula
Consumer Price Index (CPI) 2004 = (2004 Basket cost / Base year basket cost) x 100
Let plug in the formula
Consumer Price Index (CPI) 2004 = (650 / 600) x 100
Consumer Price Index (CPI) 2004 = 108.3
Therefore The value of the CPI in 2004 was:108.3
Answer:
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Answer:
E : the market is very small and limited
Explanation:
The statement that the market is very small and limited is not a difference between business markets and consumer markets as the real difference is :
Business market larger in size :
If we talk from a Marketing Perspective point of view it Innovates through technological push and fanatics-breakthroughs which result in a rapid increase in the number of customers in the market and as the size of the market becomes larger.
