the two methods that are typically used when closing agents and lenders calculate items that need to be prorated are the 12-month/360 day method and the

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Answer 1

Answer:

The two methods that are typically used when closing agents and lenders calculate items that need to be prorated are the 12-month/360 day method and the actual/365 day method.

The 12-month/360 day method assumes each month contains 30 days, regardless of how many days are actually in a month.

This method is generally used for mortgage payments. The actual/365 day method considers the actual number of days in each month and accounts for leap years.

This method is generally used when prorating taxes, insurance, or rent.

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The process of evaluating each market segment's attractiveness and selecting one or more segments to enter.
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What are the three choices that profit-maximizing firms have to make?a. how much to demand, how to generate goods, and what to price outputted goods
b. how much to supply, how to produce output, and how much of each input to demand
c. how much to demand, how to produce input, and how much of each output to demand
d. how much to supply, how to market supplied goods, and how to advertise supplied goods

Answers

The right answer for the question that is being asked and shown above is that: "b. how much to supply, how to produce output, and how much of each input to demand." the three choices that profit-maximizing firms have to make are b. how much to supply, how to produce output, and how much of each input to demand

discuss 3 ways in which entrepreneurship can help to combat unemployment and improve the economy os south Africa

Answers

Entrepreneurship brings new businesses in the area. New businesses need to hire people. They help combat unemployment when they hire people. New businesses also pay government taxes which will help improve the economy of South Africa.

When various new businesses are opening in an area, it signifies that the area is safe and conducive for new businesses thus attracting potential investors and more consumers. Potential investors may be encouraged to set up their own business and will help combat unemployment by hiring local people. Foreign businesses also pay local government taxes which will also improve economy.

Entrepreneurship will generate local, national, and global interest. The more investors are interested to set up business in the local area, the better for the area's economy and unemployment problems will be diminished.

Why do we need to know how to use a computer

Answers

We need to know how to use a computer because the world is changing and that also means the way we work and live. If you don't know how a computer works then there might be a problem with your job or the way you communicate.

What problem is a free trade agreement most likely to cause for an American business? A) Increased access to international markets. B) Reduced competition with foreign businesses. C) Tariff reductions on imported goods. D) Competition from foreign businesses in the domestic market.

Answers

D) Competition from foreign businesses in the domestic market.

A free trade agreement typically reduces trade barriers and allows foreign businesses greater access to the domestic market. While it can provide American businesses with increased access to international markets (Option A), it also exposes them to increased competition from foreign businesses in their own market, which can be a challenge.

Mydeco Corp. 2009–2013 (All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)

Income Statement

2009

2010

2011

2012

2013

Revenue

404.3

363.8

424.6

510.7
See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Suppose My-deco’s costs and expenses had been the same fraction of revenues in 2010–2013 as they were in 2009. What would My-deco’s EPS have been each year in this case?
Table 2.5

Mydeco Corp. 2009–2013

(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)
(All data as of fiscal year end; in $ million)

Income Statement

2009

2010

2011

2012

2013

Revenue

404.3

363.8

424.6

510.7

604.1

Cost of Goods Sold

(188.3)

(173.8)

(206.2)

(246.8)

(293.4)

Gross Profit

216.0

190.0

218.4

263.9

310.7

Sales and Marketing

(66.7)

(66.4)

(82.8)

(102.1)

(120.8)

Administration

(60.6)

(59.1)

(59.4)

(66.4)

(78.5)

Depreciation & Amortization

(27.3)

(27.0)

(34.3)

(38.4)

(38.6)

EBIT

61.4

37.5

41.9

57.0

72.8

Interest Income (Expense)

(33.7)

(32.9)

(32.2)

(37.4)

(39.4)

Pretax Income

27.7

4.6

9.7

19.6

33.4

Income Tax

(9.7)

(1.6)

(3.4)

(6.9)

(11.7)

Net Income

18.0

3.0

6.3

12.7

21.7

Shares outstanding (millions)

55.0

55.0

55.0

55.0

55.0

Earnings per share

$0.33

$0.05

$0.11

$0.23

$0.39

Balance Sheet

2009

2010

2011

2012

2013

Assets

Cash

48.8

68.9

86.3

77.5

85

Accounts Receivable

88.6

69.8

69.8

76.9

86.1

Inventory

33.7

30.9

28.4

31.7

35.3

Total Current Assets

171.1

169.6

184.5

186.1

206.4

Net Property, Plant & Equip.

245.3

243.3

309

345.6

347

Goodwill & Intangibles

361.7

361.7

361.7

361.7

361.7

Total Assets

778.1

774.6

855.2

893.4

915.1

Liabilities & Stockholders’ Equity

Accounts Payable

18.7

17.9

22

26.8

31.7

Accrued Compensation

6.7

6.4

7

8.1

9.7

Total Current Liabilities

25.4

24.3

29

34.9

41.4

Long-term Debt

500

500

575

600

600

Total Liabilities

525.4

524.3

604

634.9

641.4

Stockholders’ Equity

252.7

250.3

251.2

258.5

273.7

Total Liabilities & Stockholders’ Equity

778.1

774.6

855.2

893.4

915.1

Statement of Cash Flows

2009

2010

2011

2012

2013

Net Income

18

3

6.3

12.7

21.7

Depreciation & Amortization

27.3

27

34.3

38.4

38.6

Chg. in Accounts Receivable

3.9

18.8

0

-7.1

-9.2

Chg. in Inventory

-2.9

2.8

2.5

-3.3

-3.6

Chg. in Payables & Accrued Comp.

2.2

-1.1

4.7

5.9

6.5

Cash from Operations

48.5

50.5

47.8

46.6

54

Capital Expenditures

(25.0)

(25.0)

(100.0)

(75.0)

(40.0)

Cash from Investing Activities

(25.0)

(25.0)

(100.0)

(75.0)

(40.0)

Dividends Paid

(5.4)

(5.4)

(5.4)

(5.4)

(6.5)

Sale (or purchase) of stock

-

-

-

-

-

Debt Issuance (Pay Down)

-

-

75.0

25.0

-

Cash from Financing Activities

(5.4)

(5.4)

69.6

19.6

(6.5)

Change in Cash

18.1

20.1

17.4

(8.8)

7.5

Mydeco Stock Price

$7.92

$3.30

$5.25

$8.71

Answers

the answer is 2009 alright.

Charlotte paid $4 for a movie download. The monetary amount is the download's _____ .accounting cost
opportunity cost
retail price

Answers

In my opinion the answer would be opportunity cost. Though the movie was downloaded free in the internet the $4 dollar charge was due to the opportunity cost spent. Opportunity cost is when a person has to give up a gain to have an alternative gain in return.

Charlotte paid $4 for a movie download. The monetary amount is the download's: Accounting cost Opportunity cost only happen when a person choose to do an economic action by sacrificing another option. which ruled out option 2. Retail price is the price of the product in retail store. Since the purchase is conducted online, this ruled out option 3. This will leave us with option 1

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