All categories

2 years ago

Excel provides _____ in categories such as financial management and budgets.

Business

1 answer:

a_sh-v [17]2 years ago

7 0

Excel provides Expenses in categories such as financial management and budgets.

Excel is a Microsoft Office application designed to carry out variation functions, including financial analysis.

Microsoft Excel can be used in many ways. When it comes to finances, it can be used for budgeting or costing before a product or project is made, where each expense is categorized under a different heading.

Microsoft Excel can also carry out a valuation of expenses made, with each expense listed under different categories.

Hence, in this case, it is concluded that Microsoft Excel is a vital tool in financial management.

Learn more here: brainly.com/question/23960987

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You need $20,000 to purchase a used car. Your wealthy uncle is willing to lend you the money as an amortized loan. He would like

Serga [27]

Answer:

The annualy payment for theamortized loan is $6,802.44

Explanation:

First we will find the total loan payment TP for the $20,000 borrowed over the next four years with a annual return of 8%:

TP = $20,000 *(1+8%)^4

TP = $20,000 *(1.08)^4

TP = $20,000 *1.3605 = $27,209.7

The annual payments AN is obtained by dividing the TP into the 4 years:

AN = $27,209.7 / 4 = $6,802.44

4 0

3 years ago

A(n) ______ indicates the maximum quantity of a product that may be brought into a country during a specific time period:

mash [69]

What indicates the maximum quantity of a product that may be brought into a country in a specific period is a quota.

<h3>What does quota mean?</h3>

A quota is the maximum monetary value of a good and service that can be imported into a country for a specific period.

The purpose of a quota is to restrict the amount of import into a country so as to boost local production of the good for which the quota is placed. Quotas also limit foreign competition.

To learn more about imports, please check: brainly.com/question/26497713

5 0

2 years ago

Assume selected financial data for Sun Health Group and Select Medical Corporation, two companies in the health-care industry, a

SVEN [57.7K]

Answer and Explanation:

The computation of receivables turnover ratio and average collection period for Sun Health and Select Medical is shown below:-

For Sun health

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,630 ÷ (($300 + $287) ÷ 2)

= $3,630 ÷ 293.5

= 12.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 12.37 times

= 29.5 days

For Sun medical

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,940 ÷ (($499 + $438) ÷ 2)

= $3,940 ÷ 468.5

= 8.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 8.41 times

= 43.4 days

6 0

3 years ago

Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project

lisov135 [29]

Answer:

d. 13.31%

Explanation:

IRR is the rate at which NPV = 0

IRR 13.31%

Year 0 1 2 3

Cash flow stream -1100.000 450.000 470.000 490.000

Discounting factor 1.000 1.133 1.284 1.455

Discounted cash flows project -1100.000 397.136 366.060 336.804

NPV = Sum of discounted cash flows

NPV Project = 0.000

Where

Discounting factor = (1 + discount rate)^(Corresponding period in years)

Discounted Cashflow = Cash flow stream/discounting factor

IRR = 13.31%

Therefore, The project's IRR is 13.31%

5 0

3 years ago

Globalization has been driven by five major factors: political, technological, market, cost, and competitive. Business has fuele

maria [59]

Answer:

Competitive Drivers 

Description

Explosive growth in international business

Implication for Business

Intense competition in world markets

Globalization has led to an explosive growth in international.business which has led to increased competition amongst companies because they now have to compete on a global scale against numerous companies in various locales.

Political Drivers 

Description

Preferential trading arrangements and privatization of industries

Implications for Business

Increased opportunities for trade and investment

Some Countries offer great trading agreements this enabling companies to trade in other countries. This opportunity means that there are increased opportunities for trade by companies in the countries involved in the agreement.

Cost Drivers

Description

Exporting or producing Overseas

Implications for Business

Lower Cost of Goods sold

Globalization has enabled companies to be able to produce in cheaper markets for labor such as in Asia and Africa. This has led to a lower cost of goods sold and therefore higher profits.

Technological Drivers 

Description

Explosive growth of high-power, low-cost computing

Implications for Business

Growth in Services.

Driving Globalization is an increased use of technology by human beings. The world is now connected by mere seconds which has enabled companies to derived clients all over the world this enabling them to offer more services.

Market Drivers

Description

Emergence of Global Customers

Implications for Business

New Opportunities and New Markets.

Another factor driving Globalization is the availability of new markets to sell their goods in in different territories. Companies can therefore have an increased demand base which will mean more Profitability.

5 0

3 years ago