Answer:
Primary data
Explanation:
Since the available secondary data are not sufficient for the marketing research study, Chun Hei must collect primary data.
Primary data unlike secondary data are data that were not in existence beforehand. Such a data can not be found in any journals, books, websites or data sites. To get primary data a researcher has to go into the field and they can collect these data through questionnaires, surveys or interviews. Chun Hei will get the information she needs from first hand sources.
Answer:
DrSalaries Expense $960
Cr Salaries Payable $960
Explanation:
Based on the information given we were told that the Company pays each of its two office employees each Friday at the rate of $240 per day which means that if the employees worked on both Monday and Tuesday, the month-end adjusting Journal entry to record the salaries earned but unpaid is:
Dr Salaries Expense $960
Cr Salaries Payable $960
Using this formula to Calculate the amount
Amount = Rate per day * Number of days * Number of employees
Let plug in the formula
Amount= $240 * 2 * 2 employees
Amount= $960
Answer:
The price of the stock today or the price at which the stock should sell today is $61.30
Explanation:
The price of the stock today can be calculated using the Dividend Discount Model approach which values a stock based on the present value of the expected future dividends from the stock. The price of this stock will be,
P0 = 3.15 * (1+0.2) / (1+0.12) + 3.15 * (1+0.2) * (1+0.15) / (1+0.12)^2 +
3.15 * (1+0.2) * (1+0.15) * (1+0.1) / (1+0.12)^3 +
[(3.15 * (1+0.2) * (1+0.15) * (1+0.1) * (1+0.05) / (0.12 - 0.05)) / (1+0.12)^3]
P0 = $61.296 rounded off to $61.30
Answer:
1.2%
Explanation:
The increase in wages must be bench-marked with the rate of inflation because the increase in wages does not determine your purchasing power, If the rate of inflation exceeds the percentage increase wages, your purchasing power is is declining all things being equal..
The real increase in wages = Percentage increase in wages - Inflation rate
= 4.80 percent - 3.60 percent
= 4.80% - 3.60%
= 1.2%
Therefore the approximate real increase in wages is 1.2%
Answer:
c) $767,464.54
Explanation:
The computation of the future value of an annuity is shown below:
As we know that
Future value of annuity F = Payment made × ((1 + rate of interest)^t - 1) ÷ rate of interest
= $3,400 × (1.092^35 - 1) ÷ 0.092
= $3,400 × 225.7249
= $767,464.54
Hence, the future value of an annuity is $767,464.54
Therefore the correct option is c.
Noma will have $767,464.54 in 35 years.
To calculate the future value of Noma's savings, we can use the formula for compound interest: FV = P(1 + r)^t, where FV is the future value, P is the principal amount, r is the interest rate, and t is the number of years. In this case, Noma plans to save $3,400 per year for 35 years with an annual interest rate of 9.2 percent. Plugging these values into the formula:
FV = 3400 * (1 + 0.092)^35
Calculating this expression, Noma will have a future value of $767,464.54 in 35 years.
#SPJ3
Cash ________________$
What is the value of the current assets?
Current assets ______________$
Answer:
Cash $705
Current Assets $6,195
Explanation:
Equity $13,505
Long-term debt $8,800
Net working capital, other than cash, $3,620.
Fixed assets are $17,980
Current liabilities are $1,870.
Net Working capital is the Net value of Current and Current Liabilities.
We need to calculate current assets with cash first.
As we know
Assets = Equity + Liability
Fixed Assets + Current Assets = Equity + Long Term Liability + Current Liability
$17,980 + Current Assets = $13,505 + $8,800 + $1,870
Current Assets = $24,175 - $17,980 = $6,195
Net Working Capital = Current Assets - Current Liabilities
$3,620 = Current Assets - $1,870
Current Assetsother than cash = $3,620 + $1,870
Current Assets other than cash = $5,490
Cash Value = Total Current Assets - Current Assets other than cash = $6,195 - $5,490 = $705
Cori's Corp has $705 in cash and $4,325 in current assets. This is calculated using the formula: Cash = Equity value + Long-term debt - Fixed assets - Net working capital (excluding cash), and then adding the calculated cash to the net working capital to get the current assets.
To calculate the cash of the company, you need to use the following formula: Cash = Equity value + Long-term debt - Fixed assets - Net working capital (excluding cash).
So the cash Cori's Corp. has would be: Cash = $13,505 + $8,800 - $17,980 - $3,620 = $705.
Next, the total current assets would be the sum of the Net Working Capital and cash. In this case, current assets = Net working capital + Cash = $3,620 + $705 = $4,325.
Hence, Cori's Corp has $705 in cash and $4,325 in current assets.
#SPJ11
Answer:
Transfer payment
Explanation:
Transfer payment in finance can be as well regarded as " government transfer" it is income and wealth redistribution which occur when payment is made by government without exchange of goods or services in return. It should be noted that Transfer payment is a form of government spending that is not made in exchange for a currently produced good or service. Some of the common transfer payment type is social insurance programs, as well as business subsidies.