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2 years ago

7. Which type of business document do you think you are most likely to use often in your company? Why?

1 answer:

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Company bylaws for corporations. Most states require corporations to keep a written record of bylaws, although you don’t need to file the document with a state office. Bylaws define how the company will govern itself. Even if your company is incorporated in the handful of states that don’t require bylaws, they are still a good idea as they spell out your business’ structure, individual roles, and governance issues. For example, bylaws can help settle a dispute on the length of a director’s term or define if you need a simple majority to approve a decision.

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Which of the three limitations of the Payback Rule can be overcome with a modification to it? Gives equal weight to all cash flo

gogolik [260]

Answer:

Gives equal weight to all cash flows arriving before the cutoff

Explanation:

The payback period measures how long it takes for the amount invested in a project to be recovered from a project.

A project with a shorter pay back period is favoured over projects with longer payback periods.

The payback period gives equal weights to all cash flows before arriving at a cut Off. The discounted payback period remedies this by discounting cash flows.

I hope my answer helps you

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2 years ago

Read 2 more answers

Explain the importance of contracts when analyzing revenue arrangements.

Nana76 [90]

Contracts are legally binding documents that have the ability to protect and allow all parties to be clear and precise of actions and expectations within the agreement, including payment arrangements. Contracts are important when analyzing revenue arrangements, as it ensures that all parties are aware of the agreed upon outcome and provide hard evidence should there be any future disputes.

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2 years ago

A company has revenues of $1,250,000 with a net profit margin of 10%. If the depreciation for the year is $75,000, short-term in

seropon [69]

Answer:

$204,000

Explanation:

The computation of net cash provided by operations is shown below

Cash flow from operating activities

Net profit ($1,250,000 × 10%) $125,000

Add: depreciation expense $75,000

Add: Decrease in short term investment $15,000

Less: Increase in account receivable -$10,000

Add: Decrease in inventory $5,000

Less: Decrease in account payable -$6,000

Net Cash provided by operations $204,000

The minus sign depicts the cash outflow and the positive sign depict the cash inflow

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2 years ago

Explain why the government is often more responsive to producer interests than to consumer interests when it comes to the imposi

tensa zangetsu [6.8K]

Answer:

The reason the government is often more responsive to producer interests than to consumer interests when it comes to the imposition of tariffs and quotas is:

it wants to ensure that producers are protected from foreign competition.

Explanation:

Producers face foreign competitive threats. Consumers do not face such competition. Therefore, the government will often consider the producers' interests more than the consumers' interests when imposing trade tariffs and quotas. If local industries are not protected from their foreign competitors, the unemployment rate will increase and the economy will be flooded with cheap and low quality goods from other countries. In that way, the US will be subsidizing the foreign producers indirectly.

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2 years ago

Bardell, Inc. prepared its statement of cash flows for the year. The following information is taken from that statement: Net cas

sladkih [1.3K]

Answer:

The Net Cash used in Financing activities is $30,800

Explanation:

Step 1 Determine the Movement in Cash during the period.

Movement = Ending Cash Balance - Beginning Cash Balance \

= 18,200 - 11,600

= 6,600 (inflow)

Step 2 Determine the Cash flow in Financing Activities

Cash flow statement for the year

Cash flow from Operating Activities $29,000

Net Cash flow from Investing Activities $ 8,400

Net Cash flow from Financing Activities (Balancing figure) ($30,800)

Movement in Cash during the year $6,600

Therefore, The Net Cash used in Financing activities is $30,800

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2 years ago