30) 1. Company A’s costs are mostly variable‚ whereas Company B’s costs are mostly fixed. When sales increase‚ which company will tend to realize the greatest increase in profits? Explain. 2. Crystal Telecom has budgeted the sales of its innovative mobile phone over the next four months as follows: Sales in Units July. . . . . . . . . . . . . . 30‚000 August . . . . . . . . . . . 45‚000 September . . . . . . . . 60‚000 October . . . . . . . . . . 50‚000 The company is now in the
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COM/155 Final Assignment Paragraph five explained in detail about how hard it is to avoid and manage debt. The author gave superior examples about paying bills‚ going to the grocery store‚ and unexpected bills like car tags. He or she also included that we are told to use cash instead of credit cards to stay out of debt. What if the use of a credit card keeps us ahead according to the other bills and unexpected visits to the doctor? There are many stressors that can arise in daily life
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financial statements‚ activities or terms of a person‚ business‚ company‚ organization or nation. In finance‚ who owns a business firm? The shareholders are individuals who have bought shares of stock‚ which indicate ownership in the firm. Even if your business is a one-person shop‚ you are the shareholder. If the business is a huge conglomerate‚ then it has a Board of Directors made up of the shareholders who own shares of the firm based on how much money they have invested. Because the shareholders own
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National debt of the United States of America. National debt or public debt is the debt owed by a central government. The debt is sold in the form of securities to domestic or foreign investors‚ such as corporations and other countries governments. U.S. securities issued include Treasury bills‚ notes and U.S. savings bonds. The amount of money that the federal government of the USA owes to its creditors now tops $15.23 trillion. It means that every man‚ woman or child debt over than $45‚000. The
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Money as Debt The “Money as Debt” was created by Paul Grignon in 2006. It is the most fascinating video I have ever seen. Moreover‚ I am just amazed how much I have learned in just 47 minutes. This video describes how basic banking system works and answers the question where the money comes from. Years ago‚ bank used to create money only if they have the real gold with them or someone deposits the gold to bank. But this is not how the bank operates today. Nowadays‚ banks create money as long as
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Chapter 8 Cost Estimation and Budgeting 8.1 True/False 1) Direct costs are those clearly assigned to the aspect of the project that generated the cost. Answer TRUE 2) Material is an example of a cost that is recurring‚ variable and direct. Answer TRUE 3) An expedited cost is one that does not vary with respect to their usage. Answer FALSE 4) An order of magnitude estimate is usually more accurate than a ballpark estimate. Answer FALSE 5) Comparative estimates are more accurate than definitive
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by the company to finance its operations 2 2.0 Question 2: Based on your answers in part 1‚ discuss the advantages and disadvantages of using those sources of debt financing over the equity financing for the company. 5 3.0 Question 3: Distinguish between money and capital markets‚ and evaluate any two types of securities traded in the money markets‚ respectively 8 4.0 References 11 1.0 Question 1: Critically comment on the sources of long term funds used by the company to finance
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It has always been said in more recent times that college tuition metaphorically costs an arm and a leg‚ but never specifically how much it is on average; “By 2011 the average student debt was $23‚300.” (Kiener). The statistic gives an idea on how much of an impact debt leaves on an average college student‚ graduating or not‚ and why it is always brought up whenever anyone discusses education beyond high school. With the “sticker prices” of an average public university appearing increasingly intimidating
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considerable student loan debt. While everyone knows how important it is to save for retirement‚ many wonder whether they should attempt to pay off their student loans before they start investing. Legacy Financial Group‚ a financial planning firm serving clients throughout the Granbury area‚ understands that this is a difficult decision‚ and is here to offer some insight. On the one hand‚ paying off any type of debt can be considered a type of investment‚ saving you the interest you might otherwise pay
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equation approach with meaning and examples Analysis of transaction –with accounts involved-nature of accountaffects and debit/credit 2 4 10 6 The following trial balance was extracted from the books of Chetan‚ a small businessman. Do you think it is correct? If not‚ rewrite it in the correct form. Debits Stock Purchases Returns outwards Rs. Credits 8250 Capital 12750 Sales 700 Returns inwards Rs. 10000 15900 1590 Discount received Wages and salaries
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