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3 years ago

What words come to mind, both positive and negative, when you think about budgeting?

Business

1 answer:

Svetlanka [38]3 years ago

4 0

Answer:

Positive:

-Managing money

-Saves money for other things

Negative:

-May be hard to budget if you need a lot

Hope this helps! These are just what come to mind in my opinion.

You might be interested in

A company estimates the following manufacturing costs for the next period: direct labor, $500,000; direct materials, $181,000; a

Alex_Xolod [135]

Answer:

1) 24.4%

2) 67.4%

Explanation:

The basis on which overheads are to be applied is considered under 'denominator' value.

Numerator = Estimated factory $122,000

Denominator = Direct Labor $500,000

Overhead Rate = 122,000 / 500,000 = 0.244 ==> 24.4%

Numerator = Estimated factory overhead $122,000

Denominator = Direct Material $181,000

Overhead Rate = 122,000 / 181,000 = 0.674 ==> 67.4%

3 0

3 years ago

Propose three ways to ensure that cooperation occurs across security functions when developing a strategic plan. Select what you

RoseWind [281]

Answer:

The three ways to ensure that cooperation occurs across security functions when developing a strategic plan include

appointing team leads
Keeping discussions open
Adopting methods that suit your overall team's needs

The most effective way to collaborate is to achieve buy in.

Explanation:

A strategic plan is a document that establishes the direction of an organization and to develop it, all the functional departments has to cooperate. The three ways outlined above will ensure cooperation across security functions.

collaboration is much more effective with the buy in method because there is reciprocity here is how to achieve a buy in.

To achieve buy in, you must

Understand the other person's communication style.
Create a conversation based on trust and respect.
Clearly understand the change.
Prepare for questions.
Know if the change is negotiable.
Ask the question.
Determine how to handle feedback.
Follow-up appropriately.

3 0

3 years ago

Calculate how much you would have in 25 years if you saved $3,000 a year at an annual rate of 9 percent with the company contrib

BaLLatris [955]

Answer:

the amount have in 25 years is $317,628

Explanation:

The computation of the amount have in 25 years is shown below:

PMT = Payment saved per year

= $3,000 + $750

= $3,750.00

N = Periods of payment = 25 years

R = Rate = 9%

Now the formula is

FV = (PMT × ((1 + R)^N-1) ÷ (R)

= $3,750 × ((1 + 9%)^25-1) ÷ (9%)

= $317,628

Hence, the amount have in 25 years is $317,628

8 0

3 years ago

James Corporation is planning to issue bonds with a face value of $502,500 and a coupon rate of 6 percent. The bonds mature in 7

sweet-ann [11.9K]

Answer:

Bond Price = $563,333.90007 rounded off to $563,333.90

Bond Price = $502500

Bond Price = $437232.16025 rounded off to $437232.16

Explanation:

To calculate the quote/price of the bond today, which is the present value of the bond, we will use the formula for the price of the bond. As the bond is a semi annual bond, we will use the semi annual coupon payment, semi annual number of periods and semi annual YTM. The formula to calculate the price of the bonds today is attached.

a. Case A: Market interest rate (annual): 4 percent

Coupon Payment (C) = 502500 * 0.06 * 6/12 = $15075

Total periods remaining (n) = 7 * 2 = 14

r or YTM = 4% * 6/12 = 0.02 or 2%

Bond Price = 15075 * [( 1 - (1+0.02)^-14) / 0.02] + 502500 / (1+0.02)^14

Bond Price = $563,333.90007 rounded off to $563,333.90

b. Case B: Market interest rate (annual): 6 percent

Coupon Payment (C) = 502500 * 0.06 * 6/12 = $15075

Total periods remaining (n) = 7 * 2 = 14

r or YTM = 6% * 6/12 = 0.03 or 3%

Bond Price = 15075 * [( 1 - (1+0.03)^-14) / 0.03] + 502500 / (1+0.03)^14

Bond Price = $502500

c. Case C: Market interest rate (annual): 8.5 percent.

Coupon Payment (C) = 502500 * 0.06 * 6/12 = $15075

Total periods remaining (n) = 7 * 2 = 14

r or YTM = 8.5% * 6/12 = 0.0425 or 4.25%

Bond Price = 15075 * [( 1 - (1+0.0425)^-14) / 0.0425] + 502500/(1+0.0425)^14

Bond Price = $437232.16025 rounded off to $437232.16

7 0

3 years ago

If Ed Lusk, VP for operations, proceeds with the existing prototype (option a), the firm can expect sales to be 110 comma 000

Reptile [31]

Answer:

Option b has the highest expected monetary value (EMV)

Explanation:

For Option a:

At probability 0.65: At probability 0.35

Units=110,000 Units=65,000

Amount=$580 each Amount=$580

EMV/Total Sales=0.65(110,000*580)+0.35(65,000*580)

EMV/Total Sales=$54,665,000

For Option b:

At probability 0.62: At probability 0.38

Units=85,000 Units=60,000

Amount=$740 each Amount=$740

EMV/Total Sales=0.62(85,000*740)+0.38(60,000*740)

EMV/Total Sales=$55,870,000

So Option B has the highest expected monetary value (EMV).

4 0

3 years ago