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Yuliya22 [10]
2 years ago
9

Van, a friend of yours from high school, recently called. He asked if you could explain to him how the value of his portfolio wo

uld change because he held the stock of a company that was just charged with fraud and other wrongdoing by the Securities and Exchange Commission. Which area of finance is Van asking about
Business
1 answer:
12345 [234]2 years ago
6 0

Answer:

Van is asking about Investment area of finance.

Explanation:

  • The developments reported can affect the market sentiments generally.
  • The service provided by the Finance professional to his investor friend in the given context is advice regarding Investments.
  • A investment is a resource or thing gathered fully intent on creating pay or acknowledgment.
  • In a monetary viewpoint, a venture is the acquisition of merchandise that are not devoured today however are utilized in the future to produce abundance

Learn more about investment, refer :

brainly.com/question/14847954

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In this account of Budweiser’s history, there is evidence of both "Big M" marketing and "little m" marketing.
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Answer:

Big M

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A person who ensures that people adhere to the definitions for the master data in their organizational units is called a(n) ____
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Answer:Data steward

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2 years ago
Mike's Motors Corp. manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. I
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Answer:

Mike's Motors Corp.

Cash Budget

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Beginning balance          $41,000          $30,000          $30,000

Cash receipts                   92,000            118,000           157,000

Total cash available      $133,000         $148,000        $187,000

Cash payments              120,000           106,900           134,400

Interest/Loan repayment                         11,100              6,602

Cash balance                    13,000            30,000            45,998

Cash to borrow                 17,000                      0               0

Minimum cash balance $30,000          $30,000          $30,000

Explanation:

a) Data and Calculations:

Minimum cash balance = $30,000

Interest rate on borrowings = 3% per month

Beginning cash balance = $41,000

Cash Budget

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Beginning balance        $41,000          $30,000          $30,000

Cash receipts                 92,000            118,000           157,000

Total cash available    $133,000         $148,000        $187,000

Cash payments            120,000           106,900           134,400

Interest/Loan repayment                         11,100              6,602

Cash balance                  13,000            30,000            45,998

Cash to borrow               17,000                      0               0

Minimum cash balance 30,000            30,000            30,000

Loan repayment:

In August:

Interest is paid =   $510 ($17,000 * 3%)

Loan is repaid = 10,590

Total paid =        $11,100

Balance of loan unpaid = $6,410 ($17,000 - 10,590)

In September:

Interest on loan = $192 ($6,410 * 3%)

Loan repaid =     6,602 ($6,410 + 192)

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