You will need to revise your budget to account for a car payment.

Which expense category would be the most difficult to change or reduce?

Answers

Answer 1

Answer:

rent

Explanation:

Answer 2

Answer:

Option B: Rent

Explanation:

I just took the test on edgenuty


Related Questions

According to the video, which tasks are Special Education Teachers likely to perform? Check all that apply. teaching basic subject material driving students to and from school working with educational technology working with and meeting with parents preparing lesson plans volunteering in public libraries interviewing other teachers to hire

Answers

Answer:

Teaching basic subject material,working with educational technology,working with and meeting with parents,preparing lesson plans

Explanation:

Just took the assignment Hope this helped

Answer:

look at the picture

Explanation:

The September 30 bank statement for Cadieux Company and the September ledger account for cash are summarized here: BANK STATEMENT Checks Deposits Other Balance Balance, September 1 $ 2,200 September 7 NSF check $ 100 2,100 September 11 $ 3,300 5,400 September 12 #101 $ 900 4,500 September 17 #102 1,900 2,600 September 26 #103 2,400 200 September 29 EFT deposit 200 400 September 30 Service charge 20 380 Cash (A) Sep 1 Balance 2,200 Sep 10 3,300 900 Sep 10 #101 Sep 30 3,000 1,900 Sep 15 #102 2,400 Sep 22 #103 50 Sep 28 #104 Sep 30 Balance 3,250 No outstanding checks and no deposits in transit were noted in August. However, there are deposits in transit and checks outstanding at the end of September. The NSF check and EFT involved transactions with Cadieux Company’s customers. Required: Prepare a bank reconciliation.

Answers

Answer:

Bank account reconciliation:

Bank balance $380

+ deposits in transit $3,000

- outstanding checks ($50)

reconciled bank balance $3,330

Cash account reconciliation:

Cash balance $3,250

- NSF check ($100)

+ EFT deposit $200

- bank fees ($20)

reconciled cash account $3,330

Explanation:

Bank statement

                                        Checks      Deposits      Other                Balance

Balance, September 1                                                                       2,200

September 7                                                      NSF check 100       2,100

September 11                                      3,300                                      5,400

September 12 #101           900                                                           4,500

September 17 #102        1,900                                                           2,600

September 26 #103      2,400                                                           200

September 29                                                     EFT deposit 200   400

September 30                                                  Service charge 20   380

Cash account

Sep 1 Balance 2,200

Sep 10                                        3,300                 900           Sep 10 #101

Sep 30                                       3,000                 1,900         Sep 15 #102      

                                                                             2,400         Sep 22 #103

                                                                             50              Sep 28 #104

Sep 30 Balance                         3,250

What could you do to make sure a new employee you hired complies will all applicable rules, laws, and regulations related to their position? Give at least two examples of policies, practices, or procedures that would help.

Answers

Answer:

Explanation:

Policies should provide good guidelines and expectations to ensure fair and consistent ... If there is a need for government laws and regulations compliance (e.g., the ... For example, "All employees will be subject to this new policy/revision as of [date].

URGENT- FINANCIAL MATH.One of the variable expenses that Roxy knows she’ll need to include in her budget is utilities. She decides to review her utility costs for the past year. Assuming the cost for utilities is the same in her new apartment, how much should Roxy budget each month for utilities this year? Explain your reasoning.

Answers

Answer:

Roxy should budget 2165. per year. So maybe a monthly of 144 for the average of the total. For the year I added all the months together and then monthly I added them together and then divided the total by 12 and the average is 144 a month.

Explanation:

If you add them all together that is the total. I hope this helps. But the utilities could be different where she is going.

If 10 year t bonds have a yied of 6.0%, 10 year corporate bonds yield 8.0%, the maturity risk premium on all 10 year bond is 1.0%, and corporate bonds have a 0.1% liquidity premium versus a zero liquidity premiun for t bonds what is the default risk premium on the corporate bond?

Answers

Answer:

Default risk premium = 1.9%

Explanation:

r = r* + IP + MRP + DRP + LP

Where, IP is the Inflation premium, MRP = market risk premium, DRP=default risk premium, LP=liquidity risk premium, R* = Real risk free rate

The only factors above which will different in T bond and corporate bond is LP and DRP and others will be same

Corporate bond yield=8.0%

T bond yield=6.0%

LP=0.1%

(8.0%-6.0%)=LP+DRP

DRP = 2.0%-0.1%

DRP = 1.9%

The company’s cost of capital is 8.5%. a. Calculate Watervan’s economic value added (EVA). (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) b. What is the company’s return on capital? (Use start-of-year rather than average capital.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c. What is its return on equity? (Use start-of-year rather than average equity.) (Enter your answer as a percent rounded to 2 decimal places.) d. Is the company creating value for its shareholders?

Answers

Answer:

A. $21.32 millions

B. 10.45%

C. 22.19%

D. Yes

Explanation:

A. Calculation for the Watervan’s economic value added (EVA)

Using this formula

Economic value added (EVA) = [EbIT x (1 - tax rate)] - (Cost of capital x invested capital)

Let plug in the formula

Economic value added (EVA)

= 98 millions x (1 - 0.21) - (8.5% x 660 million)

Economic value added (EVA)= 77.42 millions - 56.1 millions

Economic value added (EVA)= $21.32 millions

Calculation for Tax rate

Tax rate = 15.75/75 x 100

Tax rate= 21%

B. Calculation for the company’s return on capital

Using this formula

Return on capital = Net income/invested capital

Let plug in the formula

Return on capital= 59.25/567 x 100

Return on capital = 10.45%

C. Calculation for return on equity

Using this formula

Return on equity = Net Income/Shareholders equity

Let plug in the formula

Return on equity= 59.25/267 x 100

Return on equity= 22.19%

D. Yes the company is creating value for its shareholders reason been that the company return on equity is on the high side .

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