Homework Answers
c.increasing sales by 5% or decreasing payroll costs by 10%.
The financial goals for a business would include;
Increasing of revenue
decreasing of costs
better cash flow planning
Improving profit margins.
Debt service plans and so on.
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Question 8 (Mandatory) (6 points) Financial goals may include: a) Decreasing machine downtime by 5%. 1...
Mike's Bikes has current assets of $58,000, current liabilities of $42,000 and a long-term note payable...
Mike's Bikes has current assets of $58,000, current liabilities of $42,000 and a long-term note payable of $18,000. Calculate their current ratio: O 1.38 0 724 0.967 Non-financial goals could include: 0 Increasing sales calls per day from 29-34. O Decreasing payroll costs by 6% over the next three periods. O Increasing sales by 5% in the next 4 months. Non-financial goals for a non-profit agency could include: O Meeting the budget numbers for a grant. O Serving 20,000 meals...
Question 8 (Mandatory) (5 points) MC ATC AVC 13 MR Price 00 6 4 0 10...
Question 8 (Mandatory) (5 points) MC ATC AVC 13 MR Price 00 6 4 0 10 15 28 31 20 Quantity Reference: Ref 24-3 In the figure above, to maximize profits or minimize losses the firm should produce units. OA) 15 B) 20 C) 28 OD 10 Question 11 (Mandatory) (5 points) MC ATC AVC 13- MR Price 9 8 A 0 4 10 15 28 20 Quantity Reference: Ref 24-3 In the figure above, the firm A) could make...
Question 1 (Mandatory) (2.2 points) The overall goal of the financial manager is to: O maximize...
Question 1 (Mandatory) (2.2 points) The overall goal of the financial manager is to: O maximize shareholder wealth. O maximize earnings per share. O maximize net income. O minimize total costs. Question 2 (Mandatory) (2.2 points) Which of the following is legal duty between two parties where one party must act in the interest of the other party? Fiduciary O Investment banker Angel investor O Agency theory Question 3 (Mandatory) (2.2 points) All of the following are reasons that one...
Question 19 (Mandatory) (5 points) In short-run equilibrium, a firm in a monopolistically competitive market produces...
Question 19 (Mandatory) (5 points) In short-run equilibrium, a firm in a monopolistically competitive market produces at a level of output at which OA) no new entry will occur. OB) the revenue generated by selling an additional unit is equal to the cost of producing the additional unit. C) the firm breaks even. D) the revenue per unit is equal to the cost per unit. Question 20 (Mandatory) (5 points) A natural monopoly OA) is a market in which long-run...
Question 6 S L 1 pts Table 13-5 Number of Output Workers 0 0 1 1 ,000 2 2 ,000 S32,700 4 3 ,200 5 3 ,500 6 3 ,600...
Question 6 S L 1 pts Table 13-5 Number of Output Workers 0 0 1 1 ,000 2 2 ,000 S32,700 4 3 ,200 5 3 ,500 6 3 ,600 Refer to Table 13-5. Assume that fixed costs are $500, and variable costs are $100 per worker. For this firm, what are the shapes of the production function and the total cost curve? The production function is increasing at a decreasing rate, whereas the total cost function is increasing at...
4% 4% 6% 3 6% 6% 8% 5 years 2 6 200 300 3. You may...
4% 4% 6% 3 6% 6% 8% 5 years 2 6 200 300 3. You may find the information of two machines below; used machine 25,000 8,000 Machine First Cost Annual Operation Cost Overhaul every 5 years Salvage Value Life, Years new machine 40,000 7,000 2,000 38,000 OD 4,500 6 Which machine is recommended if interest rate is 10% per year? ( any method(20 mins). GOOD LUCK ELNAZ GHOLIPOUR lenovo
Question 6 (10 points) ✓ Saved Price S $8 $7 $6 $5 D 20 45 70...
Question 6 (10 points) ✓ Saved Price S $8 $7 $6 $5 D 20 45 70 95 120 Quantity Based on the graph above, how many units would the consumers wish to buy if the price is $8? a) O Ob) 20 Oc) 45 Od) 70 e) none of the above Question 7 (10 points) Saved Andrea is a profit-seeking entrepreneur who recently opened a muffin shop in Atlanta. Every morning she produces 100 muffins and sells each muffin at...
1. Use this information for New Tech Company to answer the following question. You may (or...
1. Use this information for New Tech Company to answer the following question. You may (or may not) need to fill in missing information. NEW TECH COMPANY Income Statement 2010 2011 2012 Sales 100 110 120 Cost of goods sold 50 51 52 Depreciation 20 20 20 General, sales & admin expenses 70 65 60 Taxes 10 10 10 Net Income Balance Sheet 2010 2011 2012 Current Assets 40 45 40 Property, plant & equipment 60 55 60 Total...
MULTIPLE CHOICE QUESTIONS Resel Cliom Question 6 of 20 3.0 Points JFK Traders deposited R120 000...
MULTIPLE CHOICE QUESTIONS
Resel Cliom Question 6 of 20 3.0 Points JFK Traders deposited R120 000 into a fixed deposit account with Tyra Bank on 1 May 2020, at an interest rate of 12% per annum. 10% of the fixed deposit amount can be withdrawn at any time with a 24 hour notice to the bank. How will the fixed deposit amount be disclosed in the statement of financial position as at 30 June 2020? A. Non-current assets: Fixed Deposit...
Question 20 of 23 Question 20 5 points Weirton Steel signed a 5-year contract to purchase...
Question 20 of 23 Question 20 5 points Weirton Steel signed a 5-year contract to purchase water treatment chemicals from a local distributor for 55000 per year. When the contract and the cost of the chemicals expected to increase by 550 per year for the next 5 years. If an initial investment in storage tanks is $15.000, and a maintenance cost is $150 per year in the A overall cost over the 10 years. Interest rate 10m. (closest answer) l...
Mike's Bikes has current assets of $58,000, current liabilities of $42,000 and a long-term note payable of $18,000. Calculate their current ratio: O 1.38 0 724 0.967 Non-financial goals could include: 0 Increasing sales calls per day from 29-34. O Decreasing payroll costs by 6% over the next three periods. O Increasing sales by 5% in the next 4 months. Non-financial goals for a non-profit agency could include: O Meeting the budget numbers for a grant. O Serving 20,000 meals...
Question 8 (Mandatory) (5 points) MC ATC AVC 13 MR Price 00 6 4 0 10 15 28 31 20 Quantity Reference: Ref 24-3 In the figure above, to maximize profits or minimize losses the firm should produce units. OA) 15 B) 20 C) 28 OD 10 Question 11 (Mandatory) (5 points) MC ATC AVC 13- MR Price 9 8 A 0 4 10 15 28 20 Quantity Reference: Ref 24-3 In the figure above, the firm A) could make...
Question 1 (Mandatory) (2.2 points) The overall goal of the financial manager is to: O maximize shareholder wealth. O maximize earnings per share. O maximize net income. O minimize total costs. Question 2 (Mandatory) (2.2 points) Which of the following is legal duty between two parties where one party must act in the interest of the other party? Fiduciary O Investment banker Angel investor O Agency theory Question 3 (Mandatory) (2.2 points) All of the following are reasons that one...
Question 19 (Mandatory) (5 points) In short-run equilibrium, a firm in a monopolistically competitive market produces at a level of output at which OA) no new entry will occur. OB) the revenue generated by selling an additional unit is equal to the cost of producing the additional unit. C) the firm breaks even. D) the revenue per unit is equal to the cost per unit. Question 20 (Mandatory) (5 points) A natural monopoly OA) is a market in which long-run...
Question 6 S L 1 pts Table 13-5 Number of Output Workers 0 0 1 1 ,000 2 2 ,000 S32,700 4 3 ,200 5 3 ,500 6 3 ,600 Refer to Table 13-5. Assume that fixed costs are $500, and variable costs are $100 per worker. For this firm, what are the shapes of the production function and the total cost curve? The production function is increasing at a decreasing rate, whereas the total cost function is increasing at...
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Question 6 (10 points) ✓ Saved Price S $8 $7 $6 $5 D 20 45 70 95 120 Quantity Based on the graph above, how many units would the consumers wish to buy if the price is $8? a) O Ob) 20 Oc) 45 Od) 70 e) none of the above Question 7 (10 points) Saved Andrea is a profit-seeking entrepreneur who recently opened a muffin shop in Atlanta. Every morning she produces 100 muffins and sells each muffin at...
MULTIPLE CHOICE QUESTIONS
Resel Cliom Question 6 of 20 3.0 Points JFK Traders deposited R120 000 into a fixed deposit account with Tyra Bank on 1 May 2020, at an interest rate of 12% per annum. 10% of the fixed deposit amount can be withdrawn at any time with a 24 hour notice to the bank. How will the fixed deposit amount be disclosed in the statement of financial position as at 30 June 2020? A. Non-current assets: Fixed Deposit...
Question 20 of 23 Question 20 5 points Weirton Steel signed a 5-year contract to purchase water treatment chemicals from a local distributor for 55000 per year. When the contract and the cost of the chemicals expected to increase by 550 per year for the next 5 years. If an initial investment in storage tanks is $15.000, and a maintenance cost is $150 per year in the A overall cost over the 10 years. Interest rate 10m. (closest answer) l...
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