Answer:
Critical Juncture
Explanation:
A critical juncture refers to the notion that at a certain point the prevailing institutional arrangements. put in place at a certain point in time become entrenched because a change in the arrangement has a potential to alter the course of the future.
Answer: A. A QR code that is scanned and decodes information directly on the phone
Explanation:
This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.
Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.
Answer:
Midwestern Mutual Bank's Balance Sheet
Equity:
Owners' Equity - $100
Liabilities:
Deposits $1,200
Debts $200
Total - $1,400
Equity and Liabilities = $1,500
Assets:
Reserves - $150
Loans $600
Securities $750
Total Assets - $1,500
a) If a new customer adds $100 to his account, this would increase the loans account with $100 and the deposits account with $100.
b) The leverage ratio is the measure of the bank's core capital to total assets.
Old leverage ratio = 100 / 1500 x 100% = 6.67%
The new leverage ratio is 100 / 1600 x 100% = 6.25%.
c) The intended goal of capital requirement is protect the interests of those who hold equity in the bank.
Explanation:
Banks are highly leveraged. This means that they usually maintain high leverage ratios. The liabilities are always much compared to the capital.
Leverage ratio is the ratio of a bank's core capital (shareholders equity) to its total assets.
This is why the Federal Reserve introduces capital requirements for banks. This tries to protect shareholders' equity that is usually written down when leverage ratios increase. This is because the capital portion of assets to which the debts are tied can be written down, but the debts cannot.
Answer and Explanation:
Respected Sir,
Sub: Absorption costing to analyze product costs and subsequent cost-volume-profit decisions
As per your requirement please find the explanation below:
Absorption costing is a process by which we add part of the fixed overhead to the production expense of the goods. If we do on a per-unit basis. Here we will compute by dividing the fixed costs by the number of units that we built and sold over the era. Whereas Variable costing includes fixed overhead as a lump sum instead of a per-unit price.
Under this process, all your variable costs like equipment, raw materials, and shipping are included. We will add the maximum fixed overhead costs for the duration. Such costs are not calculated on a per-unit basis. Rather than we deduct them as a lump-sum expense from your income amount.
Variable costing is really useful as it reveals the earnings after all the expenses are paid for the accounting period. While you would not have earned revenue for the goods we purchased as some may be in the inventory, we are showing you have paid all of your expenses for the time. We have excess revenue when you actually sell the finished goods in the warehouse.
The absorption approach is not all that effective as absorption costing will inflate the income figures excessively in any given span of accounting. Since you're not going to subtract any of your fixed costs as we did not sell any of us produced goods, our profit and loss report doesn't reflect the maximum expenses you've had for the time. Therefore, these results may mislead us when our profitability is analyzed.
Regards
ABC
Answer:
d. The cash budget must be prepared prior to the sales budget because managers want to know the expected cash collections on sales made to customers in prior periods before projecting sales for the current period.
Explanation:
- From the statements the cash budget must be prepared in advance to the sales budget is not corrects. As the sales budget is prepared first and it establishes a format for the budget that is critical for the company successes and it thus consists of the different elements that depend in how a business is organized.
