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3 years ago

Which of the following is a business plan most similar to?

1 answer:

8 0

A business plan is a summarized formal document which would help a business to operate. This includes information such as; projected profit and loss, projected cashflow forecast, marketing, production, finance and human resources plan, etc. This is a road map of a business to its destination. Mostly new entrepreneurs draw up a business plan so that they can refer to it if they forget anything. This document would help to support bank loan applications.

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The interest rate for this lease is 11%. the payments are due on december 31 of each year. the first payment was made on decembe

Artist 52 [7]

So what is the question? This is just a statement.

4 0

3 years ago

In your initial post, you are to write to either the President (on fiscal policy) or to the Chair of the Federal Reserve (on mon

german

Answer:

The existing state of American economy must be declared earlier respondent the interrogation.

The U.S. financial position is vigorous in 2017.The value rate is in its perfect vary i.e., 2.4 (2-3%).Joblessness is at its ordinary proportion and there isn't an excessive amount of rise or decrease. Conversely, the value is predicted to descent to a pair of 2.1% in 2018 and 2.0 in 2019. Drop in value would cause decrease in GDP and growth in state.

To avoid this drop I will be able to inscribe to manager of Federal Reserve Bank to cut back the rate (expansionary financial policy).Federal reserve will try this by shopping for bonds. Once Federal Reserve purchases bonds the money offer increases and rate decreases. As rate decreases mixture demand and financial gain increases. With escalation in financial gain and mixture demand the value wouldn't decrease in 2018 and 2019.

I would not recommend an expansionary economic policy as a result of it increases the rate yet and thus results in situation out.

6 0

2 years ago

H.T. Tan Company is preparing the annual financial statements dated December 31 of the current year. Ending inventory informatio

irinina [24]

Answer:

The calculation is shown below:

Explanation:

According to the scenario, the computation of the following data can be done as follows:

Total Cost = Quantity × Unit Cost

Total NRV = Net Realizable Value × Quantity

So, by putting the value in the formula, we get,

Item Quantity Total Cost Total NRV Lower of cost or NRV

A 59 $1,416.00 $1,239.00 $1,239.00

B 89 $3,471.00 $4,361.00 $3,471.00

C 19 $1,083.00 $1,159.00 $1,083.00

D 79 $2,686.00 $3,081.00 $2,686.00

E 359 $6,821.00 $5,026.00 $5,026.00

Total $15,477.00 $14,866.00 $13,505.00

6 0

2 years ago

Grecian Tile Manufacturing of Athens, Georgia, borrows $1,500,000 at LIBOR plus a lending margin of 1.25 percent per annum on a

shtirl [24]

Answer: 92812.50

Explanation:

The following information can be derived from the question:

Loan principal = $1,500,000

LIBOR for 1st 6 months = 4.50%

LIBOR for last 6 months = 5.375%

Lending margin per annum = 1.25%

The interest will then be:

= 1,500,000 × [(4.50% + 1.25%)/2] + 1,500,000 × [(5.375% + 1.25%)/2]

= 1,500,000 × [(0.045 + 0.0125)/2] + 1,500,000 × [(0.05375 + 0.0125)/2]

= 92,812.50

Therefore, the interest is 92812.50.

8 0

2 years ago

A steel company manufactures heavy-duty brackets for the shelving industry. The company has budgeted for the production and sale

alexandr402 [8]

Answer:

Contribution margin per unit = $11.90

Explanation:

Given:

Total unit sale = 1,000,000

Unit selling price of a bracket = $22.50

Direct material required = 4 pounds per unit

Direct labor required = 0.15 hours per unit

Cost of material per pound = $1.75

Direct labor cost per hour = $9.00

Total variable selling cost = $2,250,000

Find:

Contribution margin per unit = ?

Computation:

Direct material per unit = 4 pounds per unit × $1.75

Direct material per unit = $7

Direct labor per unit = 0.15 hours per unit × $9.00

Direct labor per unit = $1.35

Variable selling cost per unit = Total variable selling cost / Total unit sale

Variable selling cost per unit = $2,250,000 / 1,000,000

Variable selling cost per unit = $2.25

Contribution margin per unit = Sales per unit - Variable cost per unit

Contribution margin per unit = Sales per unit - [Direct material per unit + Direct labor per unit + Variable selling cost per unit]

Contribution margin per unit = $22.50 - [$7 - $1.35 - $2.25]

Contribution margin per unit = $22.50 - [$10.6]

Contribution margin per unit = $11.90

4 0

2 years ago