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11Alexandr11 [23.1K]
3 years ago
15

The total of all accumulated and unpaid deficits a situation in which revenue exceeds outlays a situation in which outlays excee

d revenue the fee that borrowers pay to debt holders.
Business
1 answer:
Vaselesa [24]3 years ago
5 0

Answer:

  1. The total of all accumulated and unpaid deficits <em>is called debt.</em>
  2. a situation in which revenue exceeds outlays <em>is called surplus</em>
  3. a situation in which outlays exceed revenue <em>is called deficit</em>
  4. the fee that borrowers pay to debt holders <em>is called interest</em>

Explanation:

Debt, Surplus, Deficit, and Interest are all finance and budgeting terminologies.

                                                           

Periodically, and over a specific period of time, governments, organizations (for-profit and not-for-profit), formal and informal groups, create an estimate of expenses related to their operation as well as an estimate and source(s) of revenue to be generated in order to service such expenses. This activity is called Budgeting.

       

After a budget is created, it may be visited for review periodically to check for variances. A variance is simply the amount by which the estimated figures differ from the actual figures.

Cheers

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Answer:

d. Statements a and c are correct

Explanation:

The primary market is the market where for the first time the new securities such as shares, stocks, bonds, etc. are being sold to the general public or we can refer initial public offer. The initial public offer is an example of the primary market

On the other side, the secondary market is that market where the shares are bought or sold through the investors after the sale to the public at large.

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An employee’s ability to perform his or her job effectively is referred to as
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When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay
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Answer:

<em>An inferior good</em>

<em></em>

Explanation:

<em>An inferior good is a good whose demand decreases with consumer's increase in income</em>. John's increase in pay, that came with his promotion, triggered John to switch to driving everywhere he goes instead of riding the bus. This is because John feels that riding the bus is no longer fit for him, now that he could readily afford driving around in the stead of taking the cheaper bus ride.

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2 years ago
Profitability Analysis Kolby Enterprises reports the following information on its income statement: L04 Net sales ......... . ..
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Answer:

Gross profit percentage = Gross profit / Net sales

= (Net sales - COGS) / Net sales

= (250,000 - 150,000) / 250,000

= 40%

Return on sales ratio = EBIT / Net sales

= (Gross profit + other income - Administrative expenses - Other expense - Selling expenses) / Net sales

= (250,000 - 150,000 + 15,000 - 10,000 - 10,000 - 50,000) / 250,000

= 18%

<u>With new product:</u>

Gross profit percentage = Gross profit / Net sales

= (Net sales - COGS) / Net sales

= (250,000 + 45,000  - 150,000 - 38,000) / (250,000 + 45,000)

= 36.3%

Return on sales ratio = EBIT / Net sales

= (Gross profit + other income - Administrative expenses - Other expense - Selling expenses) / Net sales

= (250,000 + 45,000  - 150,000 - 38,000 + 15,000 - 10,000 - 10,000 - 50,000) / (250,000 + 45,000)

= 52,000 / 295,000

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3 0
3 years ago
Lincoln Park Co. has a bond outstanding with a coupon rate of 5.73 percent and semiannual payments. The yield to maturity is 6.7
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Answer:

Bond Price​= $1,774.05

Explanation:

Giving the following information:

Coupon rate= 0.0573/2= 0.02865

YTM= 0.067/2= 0.0335

The bond matures in 23 years.

Par value= $2,000

<u>To calculate the bond price, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 57.3*{[(1 - (1.0335^-46)] / 0.0335} + [2,000/1.0335^46]

Bond Price​= 1,334.76 + 439.29

Bond Price​= $1,774.05

5 0
2 years ago
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