What is the difference between forecasting and budgeting? Provide examples. Who funds law enforcement agencies? What are some possible new sources of funding for a police department, a municipal court, and a state prison?
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A: A bond refers to an instrument that is used to raise debt capital for the issuing company from…
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Q: Suppose that a bond makes annual coupon payments at a 7% coupon rate, has 10 years until maturity,…
A: Here, ParticularsValuesFace value of the bond (FV) $ 1,000.00Coupon rate7%Term till maturity…
Q: What is the minimum cash flow you could receive in year 4 that would make the project acceptable at…
A: Net present is the difference between present value of all cash inflow and initial investment. NPV…
Q: 30. ABC Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $105…
A: YTM is also known as Yield to maturity. It is a capital budgeting technique which helps in decision…
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A: Payment per period can be calculated using PMT function in excel.PMT(rate, nper, pv, [fv],…
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A: Option Market is a Stock Market Strategy. Under which investor will not purchase the shares of the…
Q: Starting on the day Monica was born, his mother has invested $40 at the beginning of every month in…
A: Future value refers to the estimated value of an investment at a future date, taking into account…
Q: Simone founded her company using $175,000 of her own money, issuing herself 300,000 shares of stock.…
A: Number of shares sold to venture capitalist: 450,000Total value of shares sold to venture…
Q: the market portfolio has an expected return of 18% and the risk-free rate is 6%. An investor borrows…
A: Return is that amout which is earned by the investor on his investment. It is amount which is…
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A: MIRR is the price in an investment plan that equalizes the most recent cash inflow with the most…
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Q: mni.5 Andalusian Limited (AL) can borrow funds at an interest rate of 12.50% for a period of five…
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Q: Yellow Day has a project with the following cash flows: Year Cash Flows 0 -$ 26,700 1 10,400 2…
A: Future value can be calculated usingFV = PV* (1 + r / n)ntWhere,PV = Present valueFV = Future valuer…
Q: A lender providing a loan of $2 million requires semi-annual payment of interest at a nominal rate…
A: Semi-annual payment refers to an amount that is paid every six months for the repayment of a loan…
Q: My pension plan will pay me $11,500 once a year for a 10-year period. The first payment will come in…
A: Here,AnnualAmount received from pension plan is $11,500Time Period is 10 yearFirst payment starts…
Q: Given that Local Care, Inc.'s stock is currently selling for $65 a share, calculate the amount of…
A: Variables in the given question:Current price of stock= $65 per shareNo. of shares involved in…
Q: Even though most corporate bonds in the United States make coupon payments semiannually, bonds…
A: Compound = Annually Face Value = fv = 1000Time = 12 YearsCoupon Rate = c = 8%Yield to Maturity = r =…
Q: A loan of amount $33300 is to be repaid in payments that each consist of a principal repayment of…
A: Interest refers to an amount that is paid every time along with the principal payment for the…
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A: Note that the initial investment is $2.3 billion, annual benefits amount to $310 million and…
Q: At the reading of the will, you learn that your inheritance will allow you to receive the amount of…
A: First we need to use present value of ordinary annuity formula to calculate present value of 13…
Q: What is the Yield to Maturity of a bond with 10 years to maturity, an 8% coupon, a $1000 Face Value…
A: Yield to maturity can be calculated by following function in excel=RATE (nper, pmt, pv, [fv],…
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Q: Braxton's Cleaning Company stock is selling for $33.75 per share based on a required return of 9.4…
A: According to Gordon's growth model ,Po= wherePo =current price of stockD1= expected dividendr=…
Q: A retail tenant is in 3,575 rentable square feet. Their base rent is $15.95/sf and they pay…
A: The objective of the question is to calculate the natural breakpoint in terms of sales per square…
Q: An investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a…
A: Bonds are debts instruments that are issued by entities to raise funds and meet their capital…
Q: oe just graduated from college and has found a nice job. As a graduation gift his father gave him…
A: Future value can be calculated usingFV (rate, nper, pmt, [Pv], [type])Rate The interest rateNper…
Q: The stock-sales ratio in the men's department has been set at 3.4 for June. Sales are planned at…
A: In this question, we are required to determine the BOM stock for June.
Q: Required: a. Suppose Baa-rated bonds currently yield 7.0 %, while Aa-rated bonds yield 5.0%. Now…
A: Confidence index at first = Yield Aa rated bonds/ Yield Baa rated bonds.= 5/7 = 0.7143
Q: SHON Bruno's Lunch Counter is expanding and expects operating cash flows of $27,900 a year for 4…
A: One financial metric used to assess an investment's or project's profitability is net present value,…
Q: Which of the following would offer the best return on investment? Assume that you buy $5,000 in…
A: Return on investment is used to evaluate the profitability and effectiveness of a company or an…
Q: -A For the following stable growth firm, calculate: Cost of equity using CAPM, having risk…
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Q: ane Zahrley’s request for a five-year automobile loan for $39,000 has been approved. Reston Bank…
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Q: If you lend $3000 to a friend for 15 months at 8% annual simple interest, find the future value of…
A: Futre value of loan is calculated as follws:-FV= A+IwhereFV= future value of loanA= Amount of loan I…
Q: What is the book value (present value) of a lease requiring payments of $1000 at the beginning of…
A: Present value is the equivalent today of the future cash flow based on the time value of money and…
Q: 28. A company has common stock which is expected to have a dividend of $2.59 at the end of year 5.…
A: The common stock is an equity-based instrument that allows the investors to participate in the…
Q: On January 1, 2024, Adventure World issues $39.9 million of 7% bonds, due in 10 years, with interest…
A: Face value = $39,900,000Coupon rate =7%Years to maturity =10 yearsYTM = 6%
Q: An investor buys a 10-year annual coupon bond at a yield of 8.7% and sells it 2 years later when it…
A: Yield to maturity (YTM) is the compounded annual rate of return earned on bond if such bond is held…
Q: (Future value of an ordinary annuity) You are graduating from college at the end of this semester…
A: Future value can be calculated usingFV (rate, nper, pmt, [Pv], [type])Rate The interest rateNper…
Q: If a firm has already paid an expense or is obligated to pay one in the future, regardless of…
A: In this question, we are required to determine the cost which has already been paid or will be paid…
Q: Rust Industrial Systems Company is trying to decide between two different conveyor belt systems.…
A: NPV or Net Present value refers to the concept of capital budgeting to evaluate the profitability of…
Q: Lorna Hall's real estate tax of $2,010.88 was due on December 14, 2022. Lorna lost her job and could…
A: Taxes were to be paid on December 14, 2022 but are actually paid on February 27, 2023. So, Number of…
Q: A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a…
A: Here, Expected Return E(R )Standard Deviation Stock Fund (S)22%37%Bond Fund (B)14%23%Risk Free…
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Who funds law enforcement agencies? What are some possible new sources of funding for a police department, a municipal court, and a state prison?
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- In this course, performance budgeting has been examined as a budget reform from the perspectives of budget functions and the flow of government service provision. Assume that you are a budget analyst in a city that uses a traditional line-item budgeting system. Recently the chief executive office (CEO) of the city has asked you to develop a performance budgeting system. (1) Explain thoroughly and comprehensively the key components of performance budgeting to the CEO, using the perspectives examined in this course with examples. (2) Use these components to thoroughly and comprehensively explain the differences between traditional line-item budgeting and performance budgeting. (3) Describe comprehensively and explain critically the key elements in your proposed performance budgeting system with examples. Discuss thoroughly the potential challenges of developing the performance budgeting system with examples.In your own words, explain comprehensively the government budget process. Why is there a need for each process to be done? What is the implication of the government processes to government growth and improvement? Why does the government use fund accounting? Explain in your own words the objective of government accounting and your role as future accountants in achieving such an objective.Which of the following statements is the intended goal or outcome of a performance budget? Classify the budget by goals or objectives (e.g., protection of persons and property, safe and speedy transportation) Manipulate financial data to satisfy government and community stakeholders Link performance objectives to requests for funds Focus on measurable activities
- At the state and local levels, what is the most common first step in the budget preparation process?1 . Discuss the significance of public sector budgets from the perspective of a government agency ..in more wordsA nonprofit consultant’s website recommends the following budget structure for new nonprofits. What is this budget structure called? What are the most important strengths and weaknesses for this type of budget structure?
- Explain why it would be beneficial to prepare a cash forecast, or a cash budget, for an organization. Share the best practices you would implement when budgeting for an organization.It is proper budgeting procedure to begin with estimated revenues, but why might some nonprofit entities begin planning their expenditures instead of their revenues?Required: Identify the problems that appear to exist in the company’s budgetary control system and explain how the problems are likely to reduce the effectiveness of the system. Explain how the company’s budgetary control system could be revised to improve its effectiveness.
- Illustrate and explain budgeting as a managerial tool in government organizations to account for changing revenues and costs.Explained how the company's budgetary control system could be revised to improve its effectiveness.Need him with the decriotionaIncluding the budget's objective, how the budget assists an organization in managing its financial activities, and what types of data need to be included in that specific budget