Michael is preparing the company’s cash budget. When preparing the cash disbursements section, he includes inventory, labor, overhead, selling expenses, administrative expenses, depreciation, dividends, and income taxes. What error did michael make? will cash disbursements be too high or too low as a result of this mistake?.

Answers

Answer 1
Michael included depreciation in his estimate, which would make cash disbursements too high.

Related Questions

Get-away Inc. is a vacation planning company. It provides various holiday packages, such as camping outdoors, adventure sports, island getaways, countryside wine tasting, cruises, and trekking, based on the vacation activities that its consumers prefer. Which of the following types of segmentation does this represent?

Answers

Get-away represents lifestyle segmentation.

What is lifestyle segmentation?Customer lifestyle segmentation is the technique of breaking each customer's information into small sub-groups. These sub-groups are created using data from each and every consumer. These groups are formed in order to make conclusions regarding customer preferences, likes, and dislikes.One method of market segmentation is lifestyle segmentation. It is directly related to psychographic segmentation. The AIO is the most extensively utilized instrument for lifestyle segmentation (Activities, interests, and opinions).The idea is to target one or more lifestyle categories with your marketing mix.

Therefore, Get-away represents lifestyle segmentation.

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When a company’s resources are valuable, rare, imperfectly imitable, and nonsubstitutable, it has a:________

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When a company’s resources are valuable, rare, imperfectly imitable, and non substitutable, it has a Sustainable Competitive Advantage.

Sustainable competitive advantages are a set of those assets, characteristics, or capabilities which allow an organization to meet the customer needs better than its competition can.

Sustainable competitive advantages are difficult to make duplicate or replicate.

The competitive advantage is what we, our company, or our department does better than anyone else. The sustainable part refers to the  ability to continue doing those things long-term.

And if a person can have more than one advantage, and one can also develop advantages. However, one don’t have to possess them all now.

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Victoria has been paying a mortgage on her property for the past 30 years. When Victoria pays the last payment on her mortgage, her ownership interest in the property will be:

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Victoria has been paying a mortgage on her property for the past 30 years. When Victoria pays the last payment on her mortgage, her ownership interest in the property will be: Fee simple absolute.

What is fee simple absolute?

This is a straight forward type of fee simple absolute. This is one that has to do with do with the right to own a property, do anything on it and even damage it.

This type of interest is the highest type of ownership of properties that is recognized by law in the United States of America.

The fee simple absolute requires that no amount is paid for rent. But there are cases where they have to pay property tax to the state government

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Refer to Figure 2-2. Which of the following would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB

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(C) A major technological advancement would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB.

What is the production possibilities curve?

A production-possibility frontier (PPF), production possibility curve (PPC), production possibility boundary (PPB), or transformation curve/boundary/frontier is a curve that depicts various combinations of the amounts of two goods that can be produced within the given resources and technology/a graphical representation of all the possible output options for two products that can be produced using all factors of production, where the given resources are fully utilized.A PPF exemplifies various economic concepts, including allocative efficiency, economies of scale, opportunity cost (or marginal rate of transformation), productive efficiency, and resource scarcity (the fundamental economic problem that all societies face).

As the definition itself states, a production-possibility curve depicts various combinations of the amounts of two goods that can be produced within the given resources and technology graphical representation of all the possible output options for two products that can be produced using all factors of production.

Therefore, (C) a major technological advancement would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB.

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The question you are looking for is here:

Which of the following would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB in Figure 2-2?

a. a decrease in the labor force of the country

b. a sudden change in consumer preferences for more fish and less breadfruit

c. a major technological advance

d. a decrease in the capital stock

Benny is considering investing in Larkman, Inc. The current price of Larkman is $62 a share, the after-tax earnings are $37,900,000, and there are 13,000,000 outstanding shares of common stock. What is Larkman's price/earnings ratio

Answers

Option B. 21.3 is Larkman's price/earnings ratio.

Common stock is a type of stock issued to the majority of a company's shareholders. Common shareholders enjoy certain rights that the other party to the preferred stock does not have. Instead of receiving regular payments, ordinary shareholders derive value from their stock as the company grows.

In other words, it's a way to split ownership of a company. Common stock represents the percentage of ownership of a company. For example, if a company has 100 issued shares, one share is equivalent to 1% of the company's ownership.

Common stock is a type of security that represents ownership of a company. There are other terms that correspond to common stock, such as B. Common stock, common stock, and voting stock.

Your question is incomplete. please read below to find the full content.

Benny is considering investing in Larkman, Inc. The current price of Larkman is $62 a share, the after-tax earnings are $37,900,000, and there are 13,000,000 outstanding shares of common stock. What is Larkman's price/earnings ratio?

a. 15.5

b. 21.3

c. 4.77

d. 17.6

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A business that is independently owned and operated, is not dominant in its field of operation, and meets certain standards of size in terms of employees or annual receipts is a(n):

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This business is called SMALL BUSINESS.

What is Small business and its role ?The SBA defines a small business as one that is independently owned and operated, not dominant in its field of operation and meets certain standards of size in terms of employees or sales.Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.

4 types of small business

Sole proprietorship, Partnership, Corporation, andLimited Liability Company, or LLCR

After agriculture, small businesses are the second largest employment provider in the Indian economy. In comparison to big corporations, small businesses generate the most number of employment opportunities per unit of capital invested. Therefore, they are the second largest generators of employment in human resource.

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s the management process of evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals.

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Controlling is the the management process of evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals.

What does control mean in business?

This is the term that is used to refer to all of the activities that would make the company achieve its goals.

It helps to ensure that the business stays on the path of growth and achievement.

The process of control has to do with the following

Setting of goalsMeasuring performanceComparing performanceTaking corrective actionsSetting future standards

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Samantha died on may 18, 2008. Her husband dave lived by himself for the next three years until he remarried in 2011. What was dave's filing status in 2008 and 2009?

Answers

Dave was married in year 2008 so was filing jointly in 2008 and after his wife death he was filing single in 2009.

Joint tax return is a single tax return which is  filed by a married couple that had married before the end of the tax year, on which their combined income, exemptions, credits and deductions are filed.

A joint return is filed with the Internal Revenue Service (IRS) on the Form 1040 (as of 2018) by two married taxpayers whose filing status is shown at that time of being married filing jointly (MFJ) or it is filed  by a widowed taxpayer whose filing status is Qualifying Widow or Widower (QW).

A joint return allows the above given taxpayers to combine their tax liability  as well.

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According to the law of supply,

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Answer:

whats da question

Explanation:

An increase in the government's budget surplus will cause the interest rate to: either increase or decrease. remain the same. increase. decrease.

Answers

Answer:Decrease

Explanation:

__________________ is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.

Answers

Channel assembly is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.

What is Channel assembly?

Channel assembly serves as the means whereby the manufacture send his product in different entity to the other distributors, this is different from sending in bulks.

This medium uses smaller units , hence, Channel assembly is the technique where a manufacturer sends individual components (rather than assembled units) to a distributor.

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The typical selection process has several well-structured steps. This process includes:

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The typical selection process has several well-structured steps. This process includes setting up interviews, performing background checks on selected candidates, and establishing probationary periods.

The process of selection involves finding and recruiting candidates to fill open positions in a business. The process of choosing employees involves matching their credentials and skills to the needs of the firm.

Selecting the best applicant for a job opening that is open in a business is referred to as selection. It entails the process of interviewing candidates and assessing their qualifications and skills for a particular position.

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Mobilizing finance and building partnerships in cities to advance environmental goals, especially in preventing the flow of trash into the ocean

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Together, we may achieve several social, economic and environmental advantages that prevent waste from entering the ocean and increase the resilience of the entire city.

What is 'Mobilizing finance and building partnerships in cities' event about?The focus of this event will be on cities' crucial contributions to environmental goals, particularly in halting the flow of rubbish into the ocean. Around 80% of the 11+ million tons of plastic debris that are dumped into the ocean each year come from land, mostly as a result of inadequate municipal waste management. Over half of the world's population lives in cities, but they are rarely taken into account when making international decisions. However, cities all over the world are attempting to enhance sanitation, safeguard public health, boost tourism, and produce economic growth. Cities are given a formal framework for addressing these interconnected issues through the Urban Ocean® initiative. With assistance from cities and organizations on all five continents, our initial cohort of 11 cities concentrates on Asia and Latin America. What are Environmental Advantages?Environmental change is the alteration or disturbance of the natural environment, most frequently brought on by human activities and ecological processes. Various variables, such as natural disasters, human meddling, or animal contact, might cause changes in the environment. Environmental change includes both physical changes and non-physical elements, such as an invasion of invasive species.

With this information in hand, cities can bring together stakeholders to forge agreement on plans that are based on research, with the ultimate objective of enlisting partners and financiers to carry out solutions. City resilience leaders from Asia, Southeast Asia, and Latin America will attend this event along with officials from national-level governments, non-governmental organizations, and these regions.

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When company managers formulate strategy decisions resulting from their internal analysis, they are primarily making decisions about how to:_______
a. obtain and allocate critical and scarce resources.
b. reduce costs in their industry.
c. minimize foreign corporate income taxes.
d. grow their company at any cost.

Answers

When company managers formulate strategy decisions resulting from their internal analysis, they are primarily making decisions about how to obtain and allocate critical and scarce resources.

What is business strategy?

Business strategies are actions created to run and conduct operations, so that the business can grow. They are ways developed by business to create values.

It also involves looking for places in the market, gaining new customers as well as keeping existing customers happy, being able to compete in their field, and achieving goals.

Importance of strategies as it relate to a business are:

It helps define a business hence gives set of values and purpose. It helps a business understand what success actually looks like. It provides a roadmap for our business,

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Explain 2 methods (metrics) of evaluating improvements in employee relations in the city fire department.

Answers

The methods of evaluating improvements in employee relations in the city fire department include:

Keeping track of suggestions.Commitment of employees to their work.

What is employee relations?

It should be noted that employee relations simply means the maintenance of a positive relationship in the workplace.

Here, the methods of evaluating improvements in employee relations in the city fire department are illustrated.

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Assume the cost of a gym membership is $25 per month and $9 for each class you take. What function represents your total gym cost for one month? be sure to indicate any domain restrictions

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The $35 per month function represents your total gym cost for one month of domain restrictions.

$8 Per Class

f(x,f) = 35x+8f  x, f ≥ 0

N IV Here x ерresent months.

f represents no- of classes.

The three functions with limited domains are the square root function, the logarithm function, and the reciprocal function.

The domain of f (x) = x2 - 6 is also because f (x) is defined for all real numbers x. However, some functions are not defined for all real numbers, so they are evaluated in a limited range. For example, the domain of f(x) = cannot take the square root of a negative number.

Domain restrictions allow you to create functions defined through numbers to create functions that are fit for purpose. A piecewise-defined function is a composition of multiple functions with non-overlapping domain constraints. Some functions are restricted to values ​​that make them undefined.

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What do we call the person or group who provides funding for the development of the new system?

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We call the person or group who provides funding for the development of the new system as a client.

In the  business, commerce, as well as economics, a client is known as a person who receives advice or services from a professional.

For example services by a lawyer or a health care provider. Clients are different from customers.

In that customers are thought of as "one-time buyers" while clients can be considered as "long-term recipients.

For example: Lawyers and attorneys also have  different clients. An important aspect of a lawyer's job is developing and managing relationships with clients.

If the lawyer works for a government agency or corporation, the client's employees can work for him. Lawyers give legal advice to their clients as part of the legal process.

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Population estimates show that by the year 2030, nearly 72 million of the population in the united states will come from which group?

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Population estimates show that by the year 2030, nearly 72 million of the population in the united states will come from old age group. We are now able to spend 20 to 25 percent of our lives in active retirement hanks to the enormous increases in both numbers and proportions, longer life expectancies, and active lifestyles.

According to the UN Population Division, by 2035, 1 in 5 persons will be 65 or older. Furthermore, the younger generations of today anticipate that the older population of the future will be better educated, healthier, culturally savvy, and, as people, more discerning consumers.

As their physical and sensory abilities start to deteriorate, they will demand—and respond to—goods and services that enable them to continue their active lifestyles and activities. Examples include flexible scheduling, ongoing education, travel, engaging experiences, and opportunities for companionship.

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A(n) __________ fund buys stocks and bonds and then sells shares in those securities to the public.

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A mutual funds buys stocks and bonds and then sells shares in those securities to the public. A mutual fund is a company that pools money from many investors and invests it in securities such as stocks, bonds, and short-term debt. The mutual fund's portfolio is made up of all of its holdings.

Mutual fund shares are purchased by investors. Most mutual funds fall into one of four categories: money market funds, bond funds, stock funds, and target date funds. Each type has distinct characteristics, risks, and rewards. Bond funds are riskier than money market funds because they seek higher returns.

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After refrigerant lines have been installed they should be evacuated to a(n) ____ vacuum

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After refrigerant lines have been installed they should be evacuated to a(n) moderate vacuum.

Refrigerant lines are insulated copper wires that transport refrigerant between outdoor and indoor air conditioning or heat pump units. One line carries gaseous refrigerant and the other carries liquid refrigerant. It is an important part of the cooling system as it allows the condenser and coils to move and heat away from your home.

If you upgrade or replace your air conditioner or heat pump, you will need to replace the refrigerant lines. Do not attempt to reuse old refrigerant lines as the line sealant can wear out over time. When this happens, moisture can get in and mix with the coolant, causing damage to the internals of the system.

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A rectangular floor measures $a$ feet by $b$ feet, where $a$ and $b$ are positive integers with $b > a$. An artist paints a rectangle on the floor with the sides of the rectangle parallel to the sides of the floor. The unpainted part of the floor forms a border of width 1 foot around the painted rectangle and occupies half the area of the entire floor. How many possibilities are there for the ordered pair $(a,b)$?

Answers

The number of possibilities that are there for the ordered pair is 2.

Calculation and Parameters

Because the unpainted part of the floor covers 1/2 of the area, then the painted rectangle covers 1/2 of the area as well.

Given that the border width is 1 foot, the dimensions of the rectangle are a-2 by b-2.

Making an equation:

ab= 2((a-2)(b-2))

ab= 2ab-4a-4b+8

ab-4a-4b+8=0

If we apply Simon's Favorite Factoring Trick,

ab-4a-4b+16= 8

(a-4)(b-4)= 8

Since b > a, then we have the possibilities

(a-4) = 1 and (b-4) = 8, or (a-4) = 2 and (b-4) = 4.

(5, 12) or (6,8) which gives us 2 possibilities.

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The horizontal axis of the aggregate demand and aggregate supply model measures the overall.

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The horizontal axis of the aggregate demand and aggregate supply model measures the overall quantity of output. Aggregate supply, or real GDP, is the entire amount of product that businesses will generate and sell. Positive association between price level and real GDP in short run is demonstrated by upward-sloping aggregate supply curve.

Upward slope of aggregate supply curve results from incentive to increase output when price level of outputs rises while price level of inputs remains constant. Relationship between amount of total spending in economy and the price level for products is depicted by the aggregate demand curve's downward slope.

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Long-term liability balances for the budgeted balance sheet are obtained from?

Answers

The long-term liability balances that are seen on the budgeted balance sheet are obtained from the cash budget and capital expenditures budget.

Where are long-term liability balances obtained from?

The long-term liabilities of a company will need to be included in a budgeted balance sheet to see how they affect the operations of the business in a period.

These balances are obtained from the cash budget where budgeted payments for long term liabilities will be put. For instance, the interest payments for the period, or the cash to redeem the entire bond or debenture.

The capital expenditure budget will also list those payments that need to be made to service a debt and are the double entry transactions for the cash budget where interest payments are recorded.

In conclusion, the balances are acquired from the cash budget and capital expenditures budget.

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The income effect of a wage increase is observed when:

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The income effect of a wage increase is observed when Leisure's higher opportunity cost causes workers to take more leisure and work less.

The higher wage income causes workers to take more leisure and work less. The higher wage income causes workers to take less leisure and work more.

The income effect is the alternative to the intake of goods primarily based on profits. This means clients will generally spend greater in the event that they revel in an increase in income. they'll spend much less if their income drops.

By using evaluation, the effect of the profit refers to how to call for increases as a result of better tiers of disposable profits. As an instance, Starbucks may additionally reduce its charges by 20 percent, which gives existing consumers a higher degree of disposable profits as they're now not spending as a great deal.

The income impact states that when the price of a great decrease, it is as if the buyer of the best's earnings went up. The substitution effect states that after the rate of an amazing decrease, clients will alternative far from goods that are surprisingly more costly to the cheaper good.

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Government deregulation and corporate strategy are leading to a mass media industry controlled by ______.

Answers

Government deregulation and corporate strategy are leading to a mass media industry controlled by oligopoly

What is oligopoly?

An oligopoly is a form of market structure that exist with number of firm or business owners.

The existence of each business usually have an evident effect on the other firm.

The market is Interrelated and are affected by government strategy.

Therefore, Government deregulation and corporate strategy are leading to a mass media industry controlled by oligopoly

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You are working with an experienced Customer Service Representative to board a busy flight on a tight timeline. You notice that your team member is not following the safety policies and procedures associated with the jet bridge operation. You want to say something, but your team member has worked here much longer than you. How would you handle this situation

Answers

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

Who is customer service representative?

Customer service Representative relates directly with customers, they ensure they are comfortable when they come to them by providing necessary service the customer will need and also ensure good sales.

The rep should handle the situation by pointing their attention to the danger attached to not following the safety rules in a very friendly manner and could also have a superior informed that could help guide them.

Therefore,

If your team member has worked here much longer than you then the situation can be handled by calling your team attention to the dangers attached to not following the safety rules in a calm and friendly way.

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Imagine you run an online art supply store. You are looking to increase awareness of online purchases by 5 percentage points among the target audience within three months. Which test would best measure this goal

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If you are trying to increase the awareness of online purchases in your online art supply store, the best test to measure this goal is a Brand Survey test.

What is a brand survey test?

A brand survey test allows for a company or individual to find out the popularity of a brand they are selling, a promotion being offered, or the entire business itself.

If you need to find out just how popular the goods sold at the online art supply store are, the brand survey test would be best as it would show if there is an increase in the number of people who know the store.

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The presence of Coca-Cola drinks in restaurants world wide is an example of Group of answer choices popularity invention diffusion innovation

Answers

The presence of Coca-Cola drinks in restaurants worldwide is an example of option(c)i.e, diffusion.

What is diffusion?

Diffusion is the process through which innovations spread from their initial implementation to various consumers, countries, regions, industries, markets, and businesses through the market or non-market channels. An innovation has no economic impact if it is not diffused.

The cognitive processes involved in straightforward two-choice decisions are modeled by the diffusion model. It distinguishes the standard of the evidence used in the decision-making process from the decision-making criteria and from other, nondecision-making processes like stimulus processing and reaction execution.

The four elements of diffusion, are:

(1) Innovation,

(2) Channels of Communication,

(3) Social System,

(4) Time.

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When the required return is constant and equal to the coupon rate, the price of a bond as it approaches its maturity date will?

Answers

When the required return is constant and equal to the coupon rate, the price of a bond as it approaches its maturity date will remain at par.

The interest rate that bond issuers pay on the bond's face value is known as the coupon rate. It is the reoccurring interest rate that bond issuers pay to their buyers. Not the issue price or market value, but the bond's face value (or par value), is used to determine the coupon rate.

A coupon is the interest payment a bondholder receives from the bond's issuing date until its maturity date. Ordinarily, the "coupon rate," which is determined by summing the total annual coupon payments and dividing the result by the bond's face value, is used to characterize coupons.

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The Seattle Corporation has been presented with an investment opportunity which will yield end-of-year cash flows of $30,000 per year in Years 1 through 4, $35,000 per year in Years 5 through 9, and $40,000 in Year 10. This investment will cost the firm $150,000 today, and the firm's cost of capital is 10 percent. What is the NPV for this investment

Answers

The NPV for this investment is $51138.24.

Net present price, or NPV, is used to calculate the cutting-edge overall price of a destiny movement of payments. If the NPV of a project or funding is fine, it method that the discounted present fee of all future coin flows related to that challenge or funding might be wonderful, and consequently attractive.

The net present value or internet gift really worth applies to a chain of cash flows going on at distinctive instances. The existing fee of a coin glide relies upon the c program language period of time between now and the coins go with the flow. It also relies upon on the cut price price. NPV bills for the time cost of cash.

For example, if a safety gives a chain of coins flows with an NPV of $50,000 and an investor can pay precisely $50,000 for it, then the investor's NPV is $zero. It method they may earn something the bargain fee is on the safety.

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