You are a nonprofit manager and you are preparing for the upcoming fiscal year. You are in charge of leading the budget process for the organization. Briefly describe how you would start to prepare the organization’s budget. What considerations would you need to take into account? Who would you involve in the process? What are the timeline and key activities of the budget process? Once your budget is developed, what steps would you take to ensure the organization is on track to meet its budget?
Preparing a Budget
o Describe the key steps you would take to prepare your nonprofit organization’s budget. Cite at least one academic source to support your response.
o Discuss the considerations that you would need to take into account when preparing the nonprofit organization’s budget. Cite at least one academic source to support your response.
o Describe individuals involved in the budgeting process. o Outline the budgeting process timeline and key activities.
Ongoing
o Describe the steps you would take to ensure the organization is on track to meet its budget.
In: Accounting
The reflecting surfaces of two intersecting flat mirrors are at an angle of 57?, as shown in the figure. A light ray strikes the horizontal mirror at an angle of 57? with respect to the mirror
In: Physics
Process Co has two divisions, A and B. Division A produces three types of chemicals: products L, M and S, using a common process. Each of the products can either be sold by Division A to the external market at split-off point (after the common process is complete) or can be transferred to Division B for individual further processing into products LX, MX and SX.
In November 20X1, which is a typical month, Division A’s output was as follows:
Product Kg
L 1,200
M 1,400
S 1,800
The market selling prices per kg for the products, both at split-off point and after further processing, are as follows:
$ $
L 5.60 LX 6.70
M 6.50 MX 7.90
S 6.10 SX 6.80
The specific costs for each of the individual further processes are:
Variable cost of $0.50 per kg of LX
Variable cost of $0.70 per kg of MX
Variable cost of $0.80 per kg of SX
Further processing leads to a normal loss of 5% at the beginning of the process for each of the products being processed.
Required
It has been suggested that Division A should transfer products L and M to Division B for further processing, in order to optimise the profit of the company as a whole. Divisions A and B are both investment centres and all transfers from Division A to Division B would be made using the actual marginal cost. As a result, if Division A were to make the transfers as suggested, their divisional profits would be much lower than if it were to sell both products externally at split-off point. Division B’s profits, however, would be much higher.
Required
(b) Discuss the issues arising from this suggested approach to transfer pricing.
In: Accounting
The Ka of acetic acid is 1.8 x 10^-5 at 25C.
a) What is the pH of a 0.5 M solution of acetic acid at 25C?
b)What is the pH of a solution made up of 20 mL of 0.5 M solution of acetic acid and 10 mL of 0.5 M sodium acetate?
c) If 10 mL of 0.1 M NaOH is added to the solution in part b, what is the final pH?
d) What is the pH of a solution containing equal concentrations of acetic acid and sodium acetate?
In: Chemistry
You are given displacement equation for object in SHM as: x(t)=1.5cos(3.0t) cm.
a) The period of this oscillation is: [ Select ] ["2.1 sec", "3 sec", "1.5 sec", "0.48 sec"]
b) The amplitude of the motion is: [ Select] ["0.75 m", "1.5 m", "3.0 m"]
c) The maximum velocity is: [ Select ] ["28 m/s", "4.5 m/s", "0.72 m/s"]
d) The displacement at t = 0.5 s is [ Select ] ["0.12 m", "-0.78 m", "1.5 m"]
In: Physics
1. Would a 50:50 solution of R and S enantiomers of the same compound have any effect on plane polarized light shining through it? Why or why not?
2. Based on your answer to the last question, how could you determine the enantiopurity of a given concentration of a sample if you know its specific rotation [α] using a polarimeter?
3. Give an example of a drug which can be sold as a racemic (R and S) mixture without any harmful effects.
In: Chemistry
A 4.2 kg lead ball is dropped into a 2.4 L insulated pail of water initially at 20.0∘C.
If the final temperature of the water-lead combination is 26.0 ∘C, what was the initial temperature of the lead ball?
In: Physics
3. A student comes up with a new ratio to measure performance:
she calls it profit
ratio: ROCE/WACC
o What does it measure? Interpret it.
o Do you consider it a good performance measure? Explain.
o Can you think of a better name for it? Why?
In: Accounting
Consider the following two investment alternatives, in which Alternative II is more economically attractive than Alternative I:
Alternative I Alternative II
Initial Investment $10,000 $40,000
Useful life 5 years 10 years
Terminal market value $1,000 $5,000
Annual expenses $20,000 $7,000
EUAC (12%), approx. $22,617 $13,800
Determine the percent change in the annual expenses for Alternative I that would make the two investments equally attractive. (Enter your answer as a positive or negative number without the percent % sign.)
In: Economics
The Strings Object in particular is full of useful classes and methods. You can parse and manipulate strings using several methods of the String class. These methods enable you to count characters, find and extract characters and substrings, replace characters and substrings, combine characters and substrings, and compare strings.
Questions to answer:
1. Identify three such methods and discuss how they are used. Then use them in simple relevant examples
2. As you research the String class, what are some of the most
popular uses of substring searching in use today?
3. Are there any uses of strings not covered by the String class or
mentioned in the prompt?
4. Are there other classes that inherit from the String
class?
5. How does the String class extend or support the Array class?
In: Computer Science
In: Economics
What are the three most common types of radioactive decays? How do they differ? Also how many types of decays are there? Please describe them.
In: Physics
On March 31, 2018, the Herzog Company purchased a factory complete with machinery and equipment. The allocation of the total purchase price of $960,000 to the various types of assets along with estimated useful lives and residual values are as follows:
| Asset | Cost | Estimated Residual Value | Estimated Useful Life in Years |
|||||||
| Land | $ | 120,000 | N/A | N/A | ||||||
| Building | 460,000 | none | 25 | |||||||
| Machinery | 260,000 | 10% of cost | 6 | |||||||
| Equipment | 120,000 | $ | 15,000 | 5 | ||||||
| Total | $ | 960,000 | ||||||||
On June 29, 2019, machinery included in the March 31, 2018,
purchase that cost $96,000 was sold for $76,000. Herzog uses the
straight-line depreciation method for buildings and machinery and
the sum-of-the-years'-digits method for equipment. Partial-year
depreciation is calculated based on the number of months an asset
is in service.
Required:
1. Compute depreciation expense on the
building, machinery, and equipment for 2018.
2. Prepare the journal entries to record the
depreciation on the machinery sold on June 29, 2019, and the sale
of machinery.
3. Compute depreciation expense on the building,
remaining machinery, and equipment for 2019.
In: Accounting
Please describe how an union may behave by strategically exploiting Marshall’s 4 rules.
Marshall's Rules:
Marshall rules for the elasticity of labor demand Alfred Marshall (1842-1924) described the “rules of derived demand”: Labor demand is more elastic the greater...
1 ... the elasticity of substitution; - the more capital and labor are substitutes, the more easily the firm can replace capital for labor when w increases;
2 ... the price elasticity of output; - w ?? p ?, so the more output responds to p the more the firm wants to reduce labor when w increases;
3 ... the labor share in total cost of production; - w ? increases total costs more when production is labor intensive; when w ? firms reduce labor more in sectors where labor share of costs large. (note: true if elast. product demand > elast. substitution)
4 ... the supply elasticity of the other inputs; - if the supply of factors that can replace labor is large, the firm will substitute away from labor more easily when w increases;
In: Economics
Chapter 2, #31
You are driving through town at 12 m/s when suddenly a car backs out of a driveway in front of you. You apply the brakes and begin decelerating at 3.3 m/s2. How much time does it take to stop? After braking half the time found in part A, is your speed 6.0 m/s, greater than 6.0 m/s, or less than 6.0 m/s?
In: Physics