In: Economics
Find the value of $475 per quarter in perpetuity if the interest rate is 9 percent. Do not write any symbol ($, #, &,...). Round your answer to the nearest one-hundredth percentage point. For example, write 1125.34 for $1,125.34
In: Finance
Jonathan deposited $10,500 into a fund at the beginning of every quarter for 17 years. She then stopped making deposits into the fund and allowed the investment to grow for 6 more years. The fund was growing at 6.17% compounded monthly.
a. What was the accumulated value of the fund at the end of year 17?
b. What was the accumulated value of the fund at the end of year 23?
c. What is the total amount of interest earned over the 23-year period?
In: Finance
The Indicator from Planet Money reported that GDP fell by 32.9%
in the second quarter of 2020. Wha† value from the GDP calculations
are they using to measure the growth rate? Did the economy really
shrink by 32.9
% in 3 months? Explain.
In: Economics
Kojima Berhad is trying to estimate its need of funds for the second quarter of year 2009. The company's actual and forecasted sales are as follows:
Actual RM Forecasted RM
January 160,000 April 180,000
February 190,000 May 260,000
March 140,000 June 220,000
July 280,000
b) The collection of sales is as follows:
• 30% is for cash
• 70% is collected one month after sales
c) The purchases of the raw materials are 60% of sales and made one month in advance. The payments are made in the same month in which the sales occur.
d) Rent expenses is RM3.000 per month. 6% of interest payment on RM150,000 notes payable is to be paid in May.
f) Wages and salaries in April, May and June are estimated to be RM10,000, RM12.000 and RM14.000 respectively.
g) Other fixed monthly expenses:
• Depeciation RM15,000
• Insurance RM 3,000
h) The company plans to pay RM10,000 in cash for a new cutting machine in June. This new machine will depreciate RM500 per month.
i) The cost of renovation of RM50,000 will be paid equally in May and June. A quarterly dividend of RM5.000 will be received in June.
k) Kojima Berhad's ending cash balance for March is RM30.000 and a minimum balance the firm wishes to have is RM50.000 per month and the amount will be increased to RM100,000 starting from June.
You are required to prepare a cash budget for Kojima Berhad for the second quarter of year 2009.
In: Finance
Tilson Corporation has projected sales and production in units for the second quarter of the coming year as follows:
| April | May | June | |
| Sales | 45,000 | 35,000 | 55,000 |
| Production | 55,000 | 45,000 | 45,000 |
Cash-related production costs are budgeted at $7 per unit produced. Of these production costs, 25% are paid in the month in which they are incurred and the balance in the following month. Selling and administrative expenses will amount to $70,000 per month. The accounts payable balance on March 31 totals $174,000, which will be paid in April.
All units are sold on account for $19 each. Cash collections from sales are budgeted at 50% in the month of sale, 30% in the month following the month of sale, and the remaining 20% in the second month following the month of sale. Accounts receivable on April 1 totaled $433,000 ($93,000 from February's sales and $340,000 from March’s sales).
Required:
a. Prepare a schedule for each month showing budgeted cash disbursements for Tilson Corporation.
b. Prepare a schedule for each month showing budgeted cash receipts for Tilson Corporation.
In: Accounting
“The South African economy expanded an annualized 2.5 percent
on
quarter in the three months to June of 2017, ending two quarters
of
contraction and beating market expectations of a 2.1 percent rise.
It is
the highest growth rate in the year, with agriculture, forestry,
and fishing
making the largest upward contribution..”
Although this growth rate is low it has managed to break the
technical
recession in South Africa.
Use the AD-AS model to illustrate the effect of such growth on
the
general price level and the level of aggregate output in the
South
African economy.
In: Economics
An Enterprises has the following business transaction estimates relating to the final quarter of 2020.
$ $ $
October November December
|
Credit Sales 105600 112000 138000 |
|
Cash Sales 21200 26420 31200 |
Notes
1. Actual Receipts from Accounts Receivable are 70% of the previous months
Credit Sales and the balance of 30% owing is received in the following month.
Credit Sales for September 2020 were $80,000 as they were in August 2020.
Cash Sales were $16,500 in August 2020 and $18,000 in September of 2020.
2. Payment of Accounts Payable is paid 60% of purchases in the month of
Purchase and the remaining 40% in the month following. Purchases in
September 2020 were $36,000.
3. The cash balance at 1 October 2020 was $52,890
Required:
Prepare a cash budget month by month for the quarter ending 31 December 2020.
Note that marks will be deducted for each incorrect posting to the cash budget.
|
Credit Sales 105600 112000 138000 |
|
Cash Sales 21200 26420 31200 |
|
Receipts from Accounts Receivable `1. calculate calculate calculate |
|
Wages 28200 28200 28200 |
|
Office Furniture 6000 7800 0 |
|
Prepayments 0 0 5275 |
|
Administrative Expense 10000 10000 11900 |
|
Depreciation on Office Furniture 2500 2500 2500 |
|
Receipt of Loan 0 100000 0 |
|
Credit Purchases 42000 42000 58000 |
|
Payments of Accounts Payable 2. calculate calculate calculate |
|
Accrued Expenses 0 0 6700 |
can you do ASAP THANKS
In: Accounting
Tilson Company has projected sales and production in units for the second quarter of the coming year as follows:
April May June
Sales 55,000 45,000 65,000
Production
65,000
55,000
55,000
Cash-related production costs are budgeted at $7 per unit produced.
Of these production costs, 40% are paid in the month in which they
are incurred and the balance in the following month. Selling and
administrative expenses will amount to $110,000 per month. The
accounts payable balance on March 31 totals $193,000, which will be
paid in April.
All units are sold on account for $16 each. Cash collections from
sales are budgeted at 60% in the month of sale, 30% in the month
following the month of sale, and the remaining 10% in the second
month following the month of sale. Accounts receivable on April 1
totalled $520,000 ($100,000 from February's sales and the remainder
from March).
Required:
a) Prepare a schedule for each month showing budgeted cash
disbursements for Tilson Company.
b) Prepare a schedule for each month showing budgeted cash receipts
for Tilson Company.
In: Accounting
a 9 month old baby who swallowed a quarter and is caught into his esophagus as evidenced by x-ray. Mom brought the baby to the emergency department due to vomiting, fussiness, unable to swallow properly. Mom did not noticed that the baby swallowed an object, until 2 days later she decided to bring the baby to the hospital to get check because the baby is trying to cough and gag something out.
|
MEDICAL DIAGNOSIS |
|
DEFINITION/Description of medical diagnosis |
|
DIAGNOSTIC TESTS expected to be ordered/findings you might anticipate |
|
(LIST NORMAL VALUES) |
|
SIGNS AND SYMPTOMS, Underline the S/S your patient exhibited |
|
NURSING INTERVENTIONS to include teaching |
|
PROCEDURES AND NURSING IMPLICATIONS |
|
MEDICAL INTERVENTIONS/Orders |
In: Nursing