Question 1:
As of December 2019, Guyana's aggregate expenditure exceeded its national income. As a result, unplanned investment is _____ and Guyanese firms are responding by _____ production.
a) negative; decreasing
b) positive; decreasing
c) positive; increasing
d) negative; increasing

Question 2:
Use the following information about the economy of Guyana to answer the below question (NOTE - values are in Guyanese dollars):

2011 GDP - $460 billion
2012 GDP - $513 billion

2011 Consumption - $$477 billion
2012 Consumption - $529 billion

What is the size of the simple spending multiplier? (Assume no taxes or transfers.)

(Round your answer to 2 decimal places.)
Question 3:
Like most countries, Guyana is suffering recessionary pressure currently as a result of the crisis. In an attempt to avoid further increasing the deficit, it has reduced government spending. This policy is a movement toward a balanced budget (though Guyana will still run a deficit). This policy will _____ the debt and _____ recessionary pressures.
a) increase; reduce
b) increase; intensify
c) decrease; reduce
d) decrease; intensify

1.When does a contract have to be in writing in order to be enforceable? How would a party prove that an oral contract had been entered into by the parties without the presence of a written document proving the agreement?

2.Identify five questions that influence the negotiation process between a business buyer and a seller?

3.What is a franchise and how does it work?

4.What is the difference between a product and trademark franchise vs. a business format franchise? Which type of franchise is most common for entrepreneurial firms?

5.Kimberly Jones is the founder of a company in the medical equipment industry. Kimberly's firm is still in the feasibility analysis stage and doesn't have a product that is ready to sell. The company is spending about $25,000 per month and expects to maintain that level of spending until it reaches profitability. The $25,000 a month is Kimberly's:

a. consumption rate

b. utilization rate

c. burn rate

d. usage rate

e. liquidity rate

6.What is a saving clause? Why would an entrepreneur want to include a saving clause in a contract?

7.What is assent in a contract and what invalidates it?

Jackman Company produces a single product. Jackman employs a standard costing sys-

tem and uses a flexible budget to predict overhead costs at various levels of activity. For

the most recent year, Jackman used a standard overhead rate equal to $6.25 per direct

labor hour. The rate was computed using expected activity. Budgeted overhead costs

are $80,000 for 10,000 direct labor hours and $120,000 for 20,000 direct labor hours.

During the past year, Jackman generated the following data:

a. Actual production: 4,000 units.

b. Fixed overhead volume variance: $1,750 U.

c. Variable overhead efficiency variance: $3,200 F.

d. Actual fixed overhead costs: $41,335.

e. Actual variable overhead costs: $70,000.

Required:

1. Determine the fixed overhead spending variance.

2. Determine the variable overhead spending variance.

3. Determine the standard hours allowed per unit of product.

4. Assuming the standard labor rate is $9.50 per hour, compute the direct labor effi-

ciency variance

A wholesale distributor operating in different regions of Portugal has information on annual spending of several items in their stores across different regions and channels. The data (Wholesale Customer.csv) consists of 440 large retailers’ annual spending on 6 different varieties of products in 3 different regions (Lisbon, Oporto, Other) and across different sales channel (Hotel/Restaurant/Café HoReCa, Retail).

1.1. Use methods of descriptive statistics to summarize data.
Which Region and which Channel seems to spend more?
Which Region and which Channel seems to spend less?

1.2. There are 6 different varieties of items are considered.
Do all varieties show similar behaviour across Region and Channel?

1.3. On the basis of the descriptive measure of variability, which item shows the most inconsistent behaviour?
Which items shows the least inconsistent behaviour?

1.4. Are there any outliers in the data?

1.5. On the basis of this report, what are the recommendations?

How do I attach file, unable to paste data..also send me python commands for this answer

The following stock and sales plans are available for the spring season. In addition to the information given below, you know that the February BOM is planned for $282,345.

Month                                          Sales               EOM Stock

February                                      $110,984         $289,532

March                                                  199,999             344,771

April                                                      145,672           354,678

May                                                       201,322           466,421

June                                                       442,982           301,254

July                                                          99,873           199,234

What is the average stock for the first quarter?

A company acquired with the bank a loan of five million pesos to be paid in 8
years, through equal quarterly payments at the end of each quarter. In the contract it is
agreed to pay an interest rate of 24% compounded quarterly for the first 5 years,
and 32% compounded quarterly for the remaining 3 years. How do you want to pay off the debt in the
fixed date, determine:
a) The value of each payment.
b) The total finance charge

You are part of the board of directors of H&M based in the Philippines. Revenue is dropping in the first quarter of the year due to high production costs. Your task is to come up with a solution to lower the cost of production while simultaneously maintaining the same price point and expanding other markets all over the country

You may want to take into consideration the following theme:

- Branch Location:

- Worker compensation:

- Consumer location:

Exercise 8-12 and 13 Schedules of Expected Cash Collections and Disbursements; Income Statement; Balance Sheet [LO8-2, LO8-4, LO8-9, LO8-10]

[The following information applies to the questions displayed below.]

Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company’s balance sheet as of June 30th is shown below:

Exercise 8-12

Beech’s managers have made the following additional assumptions and estimates:

1. Estimated sales for July, August, September, and October will be $210,000, $230,000, $220,000, and $240,000, respectively.

2. All sales are on credit and all credit sales are collected. Each month’s credit sales are collected 35% in the month of sale and 65% in the month following the sale. All of the accounts receivable at June 30 will be collected in July.

3. Each month’s ending inventory must equal 30% of the cost of next month’s sales. The cost of goods sold is 60% of sales. The company pays for 40% of its merchandise purchases in the month of the purchase and the remaining 60% in the month following the purchase. All of the accounts payable at June 30 will be paid in July.

4. Monthly selling and administrative expenses are always $60,000. Each month $5,000 of this total amount is depreciation expense and the remaining $55,000 relates to expenses that are paid in the month they are incurred.

5. The company does not plan to borrow money or pay or declare dividends during the quarter ended September 30. The company does not plan to issue any common stock or repurchase its own stock during the quarter ended September 30.

Required:

1. Prepare a schedule of expected cash collections for July, August, and September.

2-a. Prepare a merchandise purchases budget for July, August, and September. Also compute total merchandise purchases for the quarter ended September 30.

2-b. Prepare a schedule of expected cash disbursements for merchandise purchases for July, August, and September.

3. Prepare an income statement that computes net operating income for the quarter ended September 30.

4. Prepare a balance sheet as of September 30.

Required:

1. Prepare a schedule of expected cash collections for July, August, and September. Also compute total cash collections for the quarter ended September 30.

2-a. Prepare a merchandise purchases budget for July, August, and September. Also compute total merchandise purchases for the quarter ended September 30.

2-b. Prepare a schedule of expected cash disbursements for merchandise purchases for July, August, and September. Also compute total cash disbursements for merchandise purchases for the quarter ended September 30.

3. Prepare an income statement for the quarter ended September 30.

4. Prepare a balance sheet as of September 30.

q1: Vaughn Manufacturing plans to sell 9000 purple lawn chairs during May, 6700 in June, and 9000 during July. The company keeps 15% of the next month’s sales as ending inventory. How many units should Vaughn produce during June?

q2: The following information was taken from Crane Company’s cash budget for the month of July:

If the company has a policy of maintaining a minimum end of the month cash balance of $300000, the amount the company would have to borrow is

q3: The following information is taken from the production budget for the first quarter: