1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Assoli18 [71]
3 years ago
15

Webster Corporation's monthly projected general and administrative expenses include $4,500 administrative salaries, $1,900 of ot

her cash administrative expenses, $2,100 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $25,000. Compute the total budgeted general and administrative expenses budget per month.
Business
1 answer:
zhannawk [14.2K]3 years ago
8 0

Answer:

$8,500

Explanation:

Total budgeted general and administrative expenses are the compulsory daily cost expended to ensure that a company's operations is maintained irrespective of whether the company is making profit or not.

Examples of general and administrative expense includes rent, utility bill, insurance, depreciation of office furniture, insurance and wages etc.

Therefore,

Total budgeted general and administrative expenses budgeted per month = Administrative salaries + Other cash administrative expenses + Depreciation

= $4,500 + $1,900 + $2,100

= $8,500

You might be interested in
Consider a​ zero-coupon bond with a $1,000 face value and 15 years left until maturity. If the bond is currently trading for $46
nordsb [41]

Answer:

D. 5.19

Explanation:

Zero coupon bond is the bond which does not offer any interest payment. It is issued on deep discount price and Traded in the market on discounted price.

According to given data

Face value = F = $1,000

Year to maturity = n = 15 Years

Current price = P = $468

Yield to maturity = [ ( F / P )^(1/15) ] - 1

Yield to maturity = [ ( $1,000 / 468 )^(1/15) ] - 1

Yield to maturity = 1.0519 - 1

Yield to maturity = 0.0519 = 5.19%

7 0
3 years ago
Read 2 more answers
Assume there are no investment projects in the economy that yield an expected rate of return of 25 percent or more. but suppose
LenaWriter [7]

Answer: Equilibrium level of aggregate investment for the given rates will be

(a) At 15% - $20 billion;

(b) At 10% - $30 billion;

(c) At 5% - $40 billion.

The idea is to invest up to the point where your expected rate of return is equal to the real interest rate i.

For graph see attachment.

3 0
4 years ago
You'd like to show your ads to users searching for custom t-shirts. which targeting method can you use?
Oliga [24]

Keyword targeting. You want to target users who are searching for exactly what you have to offer, and you can learn this by their key words.

6 0
3 years ago
The entry to accrue a contingent liability reduces equity but not income. is made if it is more likely than not that the liabili
Lorico [155]

Answer:

is made if it is more likely than not that the liability has been incurred.

Explanation:

When contingent liability is recorded it is recorded by debiting income statement and creating a liability in balance sheet, also it is not accounted for until the amount of liability is pretty certain as without being clear about its occurrence and the amount involved the liability cannot be recorded.

There is no such loss account, there exists only income statement.

Therefore, with the above we can conclude that contingent liability is recorded only if:

is made if it is more likely than not that the liability has been incurred.

3 0
4 years ago
Texas V. Johnson questioned the meaning of symbolic speech and its rights<br><br> True <br> False
Romashka-Z-Leto [24]

Answer:

True

Explanation:

The text portion of the writing contains word for word the question.  

6 0
3 years ago
Other questions:
  • Juan is an employee at a company where the CEO is pushing for drastic change in processes. Juan just finished creating computer
    6·1 answer
  • Rather than generating tax revenue as do tariffs, subsidies require tax revenue. Therefore, they are not an effective protective
    8·1 answer
  • Americans’ core value of upward mobility (i.e., success will come to anyone who works hard) has greatly influenced the way luxur
    10·1 answer
  • Select all that apply:
    9·2 answers
  • Car payments are determined using simple interest. If you don’t remember this formula, go back and look it up! To finance your v
    10·1 answer
  • If a country has positive net capital outflows, then its net exports are a. positive, and its saving is larger than its domestic
    5·1 answer
  • A customer ordered a bridal veil from your website two weeks ago and is concerned that it's two days before the wedding and the
    7·2 answers
  • Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year
    5·1 answer
  • Question 2 of 10
    8·1 answer
  • Nick works with a large team at a social media company. He has proposed and finished several projects which the company funded a
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!