Group 24 USB143 assignment one 2022

P 00 it View History Bookmarks Window Help 00 A ezto.mheducation.com nt Portal Course Modules: Budgeting and Forecasting 62211 Week 4: Homework Question 3 - Week 4: Homework - Co omework G Saved Help Save & Exit Submit Check my work Information pertaining to Noskey Corporation's sales revenue follows: November 2021 (Actual) $ 180,000 December 2021 (Budgeted) $ 160,000 500,000 January 2022 (Budgeted) Cash sales 000'09 $ 540,000 Credit sales $ 360,000 000'09 Total sales 000'099 2$ Management estimates 5% of credit sales to be uncollectible. Of collectible credit sales, 60% is collected in the month of sale and the remainder in the month following the month of sale. Purchases of inventory each month include 70% of the next month's projected total sales (stated at cost) plus 30% of projected sales for the current month (stated at cost). All inventory purchases are on-account; 25% is paid in the month of purchase, and the remainder is paid in the month following the month of purchase.…

P Flag question A recent alumnus of your university gifted money to the school to fund annual scholarships for needy students. The school expects to earn an average rate of return of 6.5 percent and distribute $40,000 annually in scholarships. What was the amount of the gift? a. $260,000.00 b. $328,500.00 c. $615,384.62 d. $658,929.38 Clear my choice I|

7/26/2021 Content The hospital where you are employed is continuing with their analysis with the goal of opening a walk- in clinic. After conducting additional research, the financial projections for the first year of operations are as follows: • Revenues (from 10,000 visits): $400,000 Wages and benefits: $220,000 • Rent: $5,000 Depreciation: $30,000 Utilities: $2,500 • Medical supplies: $50,000 Administrative supplies: $10,000 Assume that all costs are fixed except supply costs, which are variable. Assume that the clinic will be required to pay taxes at a 30% tax rate. Respond to the following questions. Be sure to show your work for all calculations. 1. Prepare the clinic's projected Profit and Loss (P&L) Statement. (8 points) 2. What number of visits is required to break even? (3 points) 3. What number of visits is required to provide you with an after-tax profit of $100,000? (4 points)

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Homework Assignment #13 E Print Item Pompeii's Pizza has a delivery car that it uses for pizza deliveries. The transmission needs to be replaced and there are several other repairs that need to be done. The car is nearing the end of its life, so the options are to either overhaul the car or replace it with a new car. Pompeii's has put together the following budgetary items: Present Car New Car Purchase cost new $32,000 Transmission and other repairs $8,000 Annual cash operating cost 13,000 10,000 Fair market value now 5,000 Fair market value in five years 1,000 5,000 If Pompeii's replaces the transmission of the pizza delivery vehicle, they expect to be able to use the vehicle for another 5 years. If they sell the old vehicle and purchase a new vehicle, they will use that vehicle for 5 years and then trade it in for another new pizza delivery vehicle. If they trade for the new delivery vehicle, their operating expenses will decrease because the new vehicle is more gas efficient and the…

Problem 4 – On 1/1/21 Holiday Charity receives a $300,000 pledge to be received $50,000 every 12/31 for the next 6 years. Required; a. Calculate the present value of the pledge assuming an appropriated discount rate of 3%. b. Prepare the necessary journal entries on the following dates; 1/1/21 12/31/21

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Question 5 please

Question Content Area I AM NEEDING THE PICTURES ANWSERED THE PASSAGE IS JUST FOR ASSISTANCE TO ANSWER THE QUESTIONS Question Content Area LearnCo LearnCo manufactures and sells one product, an abacus for classroom use, with two models, the Basic model and the Deluxe model. The company began operations on January 1, 20Y1, and is planning for 20Y2, its second year of operations, by preparing budgets from its master budget. The company is trying to decide how many units to manufacture, how much it might spend on direct materials and direct labor, and what their factory overhead expenses might be. In addition, the company is interested in budgeting for selling and administrative costs, and in creating a budgeted income statement showing a prediction of net income for 20Y2. You have been asked to assist the controller of LearnCo in preparing the 20Y2 budgets. Sales Budget The sales budget often uses the prior year’s sales as a starting point, and then sales quantities are revised…

uestions Problem 15-15 Algo (Decision Analysis with Sample Information) Question 3 of 3 Hint(s) Check My Work A-Z A real estate investor has the opportunity to purchase land currently zoned as residential. If the county board approves a request to rezone the property as commercial within the next year, the investor will be able to lease the land to a large discount firm that wants to open a new store on the property. However, if the zoning change is not approved, the investor will have to sell the property at a loss. Profits (in thousands of dollars) are shown in the following payoff table: Office Decision Alternative State of Nature Rezoning Approved Rezoning Not Approved S1 S2 Purchase, di 600 -200 Do not purchase, 0 0 d2 (a) If the probability that the rezoning will be approved is 0.5, what decision is recommended? Recommended Decision: Purchase What is the expected profit? Enter your answer in dollars. For example, an answer of $200 thousands should be entered as 200,000. $ 20000…

ACC 202 Milestone One: Operational Costs Data Appendix   You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for sewing your products. After some research and planning, you have estimates for the various operating costs for your business.   The total square footage for the sewing rooms is 1,500 square feet broken into three areas (500 square feet each). You have taken out a loan for start-up costs, and the monthly payment is $550; it goes into effect immediately and should be accounted for in your costs. You will also collect a modest salary for the first year of $500 per month; remember to divide evenly among the services.   Salary and Hiring Data One collar maker, who will be paid $16.00 per hour and work 40 hours per week One leash maker, who will be paid $16.00 per hour and work 40 hours per week One harness maker, who will be paid $17.00 per hour and work 40 hours per week One receptionist, who will…

/1 16. If an initial investment of $3000.00 had doubled 2 times over the course of 24 years, what is the interest rate? a. 1.5% te24 years b. 3% c. 6% d. 9%

answer for 12

Need answer to part a and b

QUESTION 10 Copy of A wealthy donor has given $400,000 to a university and specifies that it is to be used to give annual scholarships for the next 25 years. If the university can hearn 5.5% interest, how much can they give in scholarships each year? Round your answer to the nearest dollar. ****** Summarize the information provided, stating the interest rate in a decimal form. Po = r = N = k = Identify the formula you will use to solve by writing the letter of the formula here: A. A=P (1+rt) B. PN = P₁1+ C. PN = D. P₁ = (1-(1+) ~)-(F) Solve the problem and give your answer here:

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Part D Ken has created a budget, but he wonders if the budget fits his needs. Why would it be useful for Ken to keep records of his expenses and examine them at the end of the year? BIUX² X₂ 15px Space used (includes formatting): 0/15000 O A 2 6 13 8 19 Apr 3 11:36 O