Give an example of a requirements contract associ-<br> ated with school.

Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current

AlekseyPX

Answer: $‭412,600‬

Explanation:

AFN = Increase in assets - Increase in Liabilities - Addition to Retained Earnings

Increase in Assets

= 5,000,000 * 15%

= $750,000

Increase in Liabilities

Only use Accruals and Accounts Payable

= (450,000 + 450,000) * 15%

= $135,000

Additional to Retained Earnings

= After tax Profit

= 9,200,000 * 4%

= $368,000

Addition to retained earnings = 368,000 * ( 1 - payout ratio)

= 368,000 * ( 1 - 45%)

= $202,400‬

Additional Funds Needed (AFN) = 750,000 - 135,000 - 202,400

= $‭412,600

8 0

4 years ago

A careful analysis of the cost of operating an automobile was conducted by a firm. The following model was developed: Modifying

kenny6666 [7]

Answer:

a. 7,000

b. 9,000

Explanation:

The model developed is correctly stated as follows:

y = 4,000 + 0.2x .................................... (1)

a) If the car is driven 15,000 miles this year, the forecasted cost of operating this automobile ls (enter your response as a whole number)

When x = 15,000, we substitute this into equation (1) and calculate y as follows:

y = 4,000 + 0.2(15,000) = 4,000 + 3,000 = 7,000

Therefore, the forecasted cost of operating this automobile ls $7,000 when the car is driven 15,000 miles this year.

b) If the car is driven 25,000 miles this year, the forecasted cost of operating this automobile is (enter your response as a whole number).

When x = 15,000, we substitute this into equation (1) and calculate y as follows:

y = 4,000 + 0.2(25,000) = 4,000 + 5,000 = 9,000

Therefore, the forecasted cost of operating this automobile ls $9,000 when the car is driven 25,000 miles this year.

Comparing the answers obtained in (a) and (b) above, we can see that the higher the number of miles the car is driven, the higher is the operating cost. This implies that there is a positive relationship between the number of miles the car is driven and its operating cost.

5 0

3 years ago

You want to buy a house and will need to borrow $295,000. The interest rate on your loan is 6.37 percent compounded monthly and

svetlana [45]

Answer:

$1,839.45

Explanation:

PV = P * [1-(1+r)^-n / r]

n = 30*12=360 months, r = 6.37%/12 = 0.5308% (monthly)

295,000 = P*[1 - (1+0.005308)^-360 / 0.005308}

295,000 = P * $160.3739

P = $295,000 / $160.3739

P = $1,839.45

So, the monthly mortgage payments is $1,839.45.

4 0

3 years ago

6. You own a company. You have identified a safety issue with one of your products. The company could

seraphim [82]

Answer:

B. immediately recall the product.

Explanation:

If a safety issue is identified in one of my product as a company owner, the first thing to do is to immediately recall the product. Recalling means asking people that are currently in charge of the product to return it in order to determine the ROOT CAUSE of the issue.

Once the product is recalled, then further investigation can be carried out. First is to determine what might be the root cause of the issue. This is done by questioning those that are in charge of the production processes. After different and diverse answers to questions, then I can streamline the answers to those we considered as the root cause of the problem to minimum before proffering necessary measures to be carried out in order to prevent the issue from occurring in the future.

The next step will be the implementation of the measures. If the measures that were put in place were able to solve the safety issue, then we can document and validate it so that can it can be referenced to in future in case of similar occurrence.

3 0

3 years ago

Read 2 more answers

IFRS reporting requires all of the following items except

Lisa [10]

Answer:

Option C would be the correct answer.

Explanation:

In the given question, options are not mentioned. Please find the attachment of the complete query.

IFRS sets universal guidelines because whatever income accounts across the global economy can indeed be appropriate, straightforward, as well as equivalent.
Its purpose is to provide a spatial relationship because of how government entities compile certain financial reports as well as publish them.

Certain alternatives do not apply to the procedure outlined. But the option above would be correct.

4 0

3 years ago

Give an example of a requirements contract associ- ated with school.