someone help me plz Why is the 50-20-30 rule easy for people to follow, especially those who are new to budgeting and saving?

Edelman engines has $20 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $10 billion in long-

Lemur [1.5K]

Calculation of Edelman's market/book ratio:

The market/book ratio is calculated with the help of following formula:

Market/book ratio = Market price per share / Book value per share

The Book value per share can be calculated as follows;

Book value per share =Common Equity/ Shares of common stock outstanding

= 8,000,000,000 /500,000,000

= 16

Hence ,

Market/book ratio = 25/16 = 1.56

Hence, Edelman's market/book ratio is 1.56

5 0

3 years ago

Depreciation is A) the sum of gross and net investment. B) new additions to a firm's stock of intangible capital. C) the decline

weeeeeb [17]

Answer:

The correct answer is C. the decline in the economic value of an asset over time

Explanation:

Depreciation : Depreciation is a decreasing value of the asset due to tear and wear, obsolesce, usage, etc

It is charged on the fixed assets which include plant and machinery, furniture and fixtures, building, computer, equipment, etc.

The sum of gross and net investment is not called the depreciation because gross investment is an expenditure which is incurred on new purchase while net investment is a difference between gross investment and deprecation. So, option B is incorrect.

Depreciation should not be charged on intangible assets because in intangible asset, the amortization is charged. Thus, option B is incorrect.

The decrease in the general price level is disinflation or inflation decreased. So, option D is also wrong

Hence, The correct answer is C. the decline in the economic value of an asset over time

4 0

4 years ago

Given the series of demand data below Period: 1 2 3 4 5 6 7 8 9 10 Demand: 42 35 58 42 27 49 40 41 27 41 a. Calculate the foreca

Mumz [18]

Answer:

Kindly check Explanation

Explanation:

Given :

Period: 1 2 3 4 5 6 7 8 9 10

Demand: 42 35 58 42 27 49 40 41 27 41

Using n = 2

Week - - - - - - - - - - n = 2

7 - - - - - - ( 27 + 49)/2 = 38

8 - - - - - - (49 + 40)/2 = 44.5

9 - - - - - - -(40 + 41)/2 = 40.5

10 - - - - - - (41 + 27)/2 =34

11 - - - - - - - (27 + 41)/2 34

Using n = 4

Week - - - - - - - - - - n = 4

7 - - - - - - (58 + 42 + 27 + 49)/4 = 44

8 - - - - - - (42 + 27 + 49 + 40)/4 = 39.5

9 - - - - - - -(27 + 49 + 40 + 41)/4 = 39.3

10 - - - - - - (49 + 40 + 41 + 27)/4 =39. 3

11 - - - - - - - (40 + 41 + 27 + 41)/2 = 37.3

Using n = 6

Week - - - - - - - - - - n = 6

7 - - - - - - (42 + 35 + 58 + 42 + 27 + 49)/6= 42.2

8 - - - - - - (35 + 58 + 42 + 27 + 49 + 40)/6 = 41.8

9 - - - - - - -(58 + 42 + 27 + 49 + 40 + 41)/6= 42.8

10 - - - - - - (42 + 27 + 49 + 40 + 41 + 27)/6 =39.7

11 - - - - - - - (27 + 49 + 40 + 41 + 27 + 41)/6 = 37.5

4 0

3 years ago

Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo

Vesnalui [34]

Answer:

Required 1.

Contribution format income statement

East Central West

Division Sales $434,000 $650,000 $500,000

Less Variable Expenses ($230,020) ($130,000) ($250,000)

Controllable Contribution $203,980 $520,000 $250,000

Less Controllable Fixed Costs :

Traceable fixed expenses ($261,000) ($357,000) ($204,000)

Controllable Profit/(Loss) ($57,020) $163,000 $46,000

Required 2.

2a. Calculation of Incremental Net Income - West Division

Incremental Sales ($500,000 × 14%) $70,000

Less Incremental Variable Expenses ($29,000)

Incremental Contribution $41,000

Less Incremental Fixed Expenses $0

Incremental Net Income/ (loss) $41,000

2b. Recommendation

Yes. The Increase in advertising is bringing a positive contribution towards the Company`s loss.

Explanation:

The Company`s loss will reduce by $41,000 to ($56,020) due to increase in advertising.

3 0

3 years ago

Electric Utilities preferred stock will pay an annual dividend of $12 per share in perpetuity beginning 8 years from now. What i

maks197457 [2]

Answer:

The share of the stock is worth $66.92 today

Explanation:

PV7 = D8 / r

PV7 = 12 / 0.095

PV7 = $126.3157894737

Hence, PV0 = 126.3157894737*(1 + 0.095)^7

PV0 = 126.3157894737*(1.095)^7

PV0 = 126.3157894737*1.887551

PV0 = $66.9204428895

PV0 = $66.92

Thus, the share of the stock is worth $66.92 today

7 0

3 years ago