2.0 points) I would like a quarterly compounding because my interest can pile up every 3 months. My interest can also help me if I own an account. I can also get money faster with quarterly compound. 5. Which strategy for saving do you think would work best for you?
If sales outlook for the coming three years increases to 40,000,000, the recent increase in production will actually help B.E. company in transitioning to maximum production capacity. In this case, there are two options for the company; produce 35,000,000 in 2011 and use the 5,000,000 units in ending inventory to satisfy the total sales outlook then increasing production to the maximum of 40,000,000 units in the next two years or increase production to 40,000,000 units in the next three years and keep the extra 5,000,000 sitting in ending inventory. With either option, B.E. Company’s net income will increase tremendously due to a substantial increase in sales and very little inventory left in ending
The dividend disbursement rate is 25 percent of earnings, and the balance in retained earnings at the end of 2012 was $1,436,833.09. During the developing stages of the forecasting, a manager is permitted to analyze the results; thus, recognizing potential hot spots and handling the issues accordingly. When carrying out a Pro forma Analysis, the financial manager can handle future issues weeks or months in advance. This outlook allows the manager to achieve set goals and make the most of the analysis, long before the opportunity expires (Parrino et al, 2012).This pro forma is a positive because all number are increasing in
Chapter 12: Financial Planning and Forecasting Financial Statements Problem 12-1: AFN Equation. Baxter Video Products’s sales are expected to increase by 20% from $5 million in 2010 to $6 million in 2011. Its assets totaled $3 million at the end of 2010. Baxter is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2010, current liabilities were $1 million, consisting of $250,000 of accounts payable, $500,000 of note payable, and $250,000 of accruals.
The system can work on a three tier level at first launch. I will provide you an example and for this I will call the levels Beginner, Advanced Shopper and Super Shopper. The Beginner will gain 1 point for every dollar spent in the store. When the customer reaches $1500 spent in the store, we can promote them to the Advanced Shopper level where they can earn 1.5 points for every dollar spent. And finally, once they reach $3,000 we can promote them to the Super Shopper level where they will earn 2 points for every dollar spent in the store.
Romney lost as freshman as unknown Politian, but that defeat experience made him better and stronger Politian to lead him to become the 70th Republican Governor of Massachusetts (2003-2007) the State always has been Democratic State. During his tenure as the Governor he accomplished economy revenue to its State by raising special gasoline retailer fee by two cents per gallon lead to $60 million, raising various fees by more than $300 million, including those for driver’s licenses, marriage licenses, and gun licenses. The most significant notable accomplishment as Governor the “Romneycare” one of kind the nation has now the health care requiring nearly all Massachusetts residents to buy health insurance coverage or face escalate tax penalties such as the loss of their personal income tax
How a 40-year-old with a third grade education could have his children apply and would be granted amnesty through the sponsorship of his children. Arguments like these are raised by people who are opposed to this bill. The main argument is the cost this bill would hand down to taxpayers. Estimates we found on the Center for Immigration Studies website show roughly 1.038 million new students at public institutions of higher learning. This would translate to a cost of 6.2 billion dollars a year for each year these students are
The Second Strength: The current year 2014 gross profit is $27,390 which constitutes 34.75% of sales. The steady gross profit percentage is also a strength and further supports the net sales growth. The gross profit itself increased from $25,842 to $27,390 for an increase of 6% over the two periods. This is consistent with the 5.4% net sales growth. Operating expenses further support the strength with a 1.87% decrease from fiscal 2013 to fiscal
According to court documents, between January 2006 and November 2011, Medistat certified, “more than 11,000 Medicare beneficiaries for home health services and had more patients than any other medical practice in the United States”. Over $350 million of unnecessary services were billed to Medicare during this time. In addition to these certifications one of Dr. Roy’s associates is accused of accepting kickbacks in exchange for Dr. Roy’s fraudulent approval of several Medicare beneficiaries. Six other individuals were indicted in connection with Dr. Roy and charges include: one count of conspiracy to commit healthcare fraud, eight counts of healthcare fraud, and two counts of false statements for use in determining rights for benefits and payment by Medicare. If convicted of the largest healthcare fraud case in recent history Dr. Roy could face life in
These were just some of the many reasons for this march. The March on Washington was first thought of by a man by the name of A. Philip Randolph. Randolph was the president of the Brotherhood of Sleeping Car Porters, president of the Negro American Labor Council, and vice president of the AFL-CIO. He was a man of not only vision but also of action. The idea of a march was first conceived in 1941, when Randolph threatened President Franklin D. Roosevelt to assemble 100,000 African Americans in the capital, if he refused to sign an executive order banning discrimination in the defense industries and creating the Fair Employment Committee.