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3 years ago

Financial Statements from the End-of-Period Spreadsheet

Business

1 answer:

alexdok [17]3 years ago

5 0

Answer: See explanation

Explanation:

Triton Consulting Income Statement For the Year Ended April 30, 20Y3:

Fees earned 279000

Less: Expenses:

Salary expenses = 242000

Supplies expenses 1650

Depreciation expense. 900

Miscellaneous expenses 2000

Total expense = 246550

Net income 32450

Triton Consulting Balance Sheet April 30, 20Y3

Assets

Current assets

Cash 21500

Account receivable 51150

Supplies 750

Total current asset = 73400

Property, plant and equipments

Office equipment 32000

Accumulated Depreciation 5400

Total property,plant and equipment = 26600

Total asset = 100,000

Liabilities

Current liabilities:

Account payable: 3350

Salary payable: 2000

Total liabilities = 5350

Stockholders equity

Common stock 20000

Retained earnings 74650

Total stockholders equity = 94650

Total liability and stockholders equity = 100,000

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The u. s. government promoted public participation in the 2010 census during the televised super bowl game in its efforts is to

Pavel [41]

Answer:

a. advertising

Explanation:

Advertising: It is a creative marketing strategy to promote product and service by using paid communication channel. It help to spread awareness to the target audience. This technique is used to aware public about product, social cause, scheme or government policies.

There are three primary objective of advertising:

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Advertising follow the AIDA model, which states awareness leads to Interests which lead to Desire and finally lead to Action.

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3 years ago

7.37 For the net cash flow series, (a) determine the number of possible i* values using the two sign tests, (b) find the EROR us

nlexa [21]

Answer:

The answer is 25.19% .

Note: The values were not stated for the net series cash flows, during my research and i found the complete question and solved it.

Explanation:

From the question given,

The first step is to make use of a table for the net cash flow series

Year 1 2 3 4 5 6

Net cash flow $4100 $2000 $7000 $12000 $700 $800

Then,

Solution : MIRR is defined as modified internal rate of return, It accounts for the positive cash flows with reinvestment by using re-investment rate and negative cash flows are calculated at their present values to keep the fund aside by using finance rate.

As given also reinvestment rate = 20% and finance cost rate = 10%.

Now, from the table given of cash flows, we will calculate the future value of all cash flows in year 6.

FV = 4100*(1+0.20)^5 + 12000*(1+0.20)^2 + 800*(1+0.20)^0 = $28282.11

Now,

By applying the rate of we will computer teh PV of -ve cash flows :

PV = -2000/(1+0.1)^2 + -7000/(1+0.1)^3 + -700/(1+0.1)^5 = -$7346.73

Now MIRR can be calculated by using the formula , MIRR = \√[n]{FV(positive cash flows/PV of negative cash flows)}-1 = \√[6]{28282.11/7346.74)}-1

MIRR = 1.2519-1 = 0.2519 or 25.19%

Therefore, the only value Possible = 25.19% in this case.

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3 years ago

Before a firm is allowed access to the European marketplace, the European Union requires that the quality of the firm’s manufact

Eduardwww [97]

Answer:

ISO 9000

Explanation:

In this question, the quality of standard being mentioned is known as the ISO 9000. This is a set of standards that helps organizations make sure that they are meeting the customer and shareholder needs as well as complying to the statutory and regulatory requirements that exist regarding the product or service. This is the main quality of standards that are enforced and required by the European Union for every firm in its marketplace.

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3 years ago

If the money supply exceeds money demand, people will ____ bonds which will cause bond prices to ____ and the nominal interest r

Stella [2.4K]

Answer:

A. buy; rise; fall

Explanation:

As for the provided information, we know,

As the supply of money exceeds the demand people will have more investing power, accordingly people will buy more bonds,

as more and more people will try to buy the bonds the price for bond because of high demand will automatically due to demand and supply proportion will rise,

and then to control the demand of bond, and control the purchase of bond, the nominal interest rate provided on bonds will fall.

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3 years ago

Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as neede

pantera1 [17]

Answer:

34.04%

Explanation:

Data provided :

Total sales of the Springfield Club = $ 920,000

The net operating income of the company = $ 34,040

The average operating assets of the company = $ 100,000

now,

The return on investment will be calculated as:

Return on investment (ROI)= $\frac{\textup{Net operating income}}{\textup{Average operating assets}}$

on substituting the values, we get

ROI = $\frac{\$\ 34,040}{\$\ 100,000}$

ROI = 34.04%

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3 years ago