A fund with a small amount of cash on hand for minor disbursements is called a
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A fund with a small amount of cash on hand for minor disbursements is called a
- A. Petty cash fund.
- B. Miscellaneous expense fund.
- C. Slush fund
- D. Cash fund
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Missing data are common in statistical analyses, and this suggests why various methods have been put in place to manage th ...
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Missing data are common in statistical analyses, and this suggests why various methods have been put in place to manage the issue. One of the methods ...
Mental Models, business and finance assignment help
Guidelines for Submission: Use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cite ...
Mental Models, business and finance assignment help
Guidelines for Submission: Use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according APA format. Page-length requirements: 2–4 pages.In considering Mental Models, identify three that may inhibit your entrepreneurial idea from coming to fruition. Describe ways in which you can change those Mental Models from inhibitors to ones that are motivators.Entrepreneurial Idea: Green energy company manufacturing solar panels, wind turbines, and so on.Critical elements: 1. Includes all of the main elements and requirements and cites multiple examples to illustrate each element2. Provides in-depth analysis that demonstrates complete understanding of multiple concepts3. Incorporate DeBono's six thinking Hats4. Draws insightful conclusions that are thoroughly defended with evidence and examples 5. Incorporates many scholarly resources effectively that reflect depth and breadth of research
ACCT 621 University Canada West Master Budget and Budgeted Income Statement Worksheet
After two years study at UCW, you finally graduate and start a job as Junior accountant at Bigdream Inc. Your manager is r ...
ACCT 621 University Canada West Master Budget and Budgeted Income Statement Worksheet
After two years study at UCW, you finally graduate and start a job as Junior accountant at Bigdream Inc. Your manager is responsible for the nationwide distribution of creator design sets. Because of the new social media influence among current generation, the company has grown rapidly, and the prompt growth forces the management team to improve their efficiency and manage their production effectively.You have just been given responsibility for all planning and budgeting of the entire lighting set division. Today is your first day, you have just given an assignment to prepare master budget for the manager, who needs to present the budget and discuss the financial objectives with the shareholders tomorrow. During your job interview, you clearly stated that you gained managerial accounting knowledge and hand on experience during your MBA study.Your first assignment is to prepare a master budget for the next fiscal year, starting January 1, 2021. Your co-work has left a pile of files on your desk including the past sale records, product information, manufacture schedule and supplier pricing list. Now, you realized that you should have pay more attention during the lecture. Now, you don’t know where to start. Fortunately, you remember that you still kept a copy spreadsheet of the master budget template in your laptop from the accounting course.Note: The company desires a minimum ending cash balance each month on $85,000. The Bigdream products are sold to retailers for $129 each and the sales have been in demand due to the Covid-19. However, the marketing department has been conservative toward the end of the year due market saturation. The marketing department has just sent you their forecasted quarter sales and marketing budget.Quarter2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2Sales in Unit30,00035,00040,000550005000055,000Marketing Expenses$35,000$20,000$20,000$35,000$35,000$25,000Ending finished goods inventories are supposed to be equal to 20% of the next month’s sales in units. Bigdream currently does its own assembly production in house. Each unit consists of 3LED panels and the cost of each is $15. Each unit needs 0.10 labour hour from assemble to finish package. The hourly pay rate to the assembling workers is $15 per hour. The production manager also required desired direct material ending inventory to 30% of the next quarter production.Purchases are paid for in the following manner: 50% in the quarter of the purchase and the remaining 50% paid in the quarter following the purchase. All sales to the distributors are made on credit terms with no discount (for now), and payable within 15 days. The Bigdream has determined that only 50% of sales are collected by the end of the quarter in which the sale occurred. An additional 30% is collected in the quarter following the sale, and the remaining 20% is collected in the second quarter following the sale. Bad debts have been negligible, supporting the credit terms as favorable.Below is a display of the Bigdream division monthly manufacture overhead and selling and administrative expenses:Manufacture OverheadVariable:Indirect labour $5 per labour hourIndirect Materials $2.00 per labour hourFixed:Wages and Salaries$2,000 per monthUtilities $1,500 per monthInsurance $2,000 per monthDepreciation $2,000 per monthSelling and AdministrativeVariable:Sales Commissions $5 per unitFixed (Monthly):Wages and Salaries$22,000Utilities $6,000Insurance $1,200Depreciation $1,500Miscellaneous $3,000Labour, Manufacture Overhead, and Selling and Administrative expenses are all paid during the month, in cash, with the exception of depreciation (of course). Bigdream will make a purchase of a parcel of land during the first quarter of 2021 for $50,000 cash. Bigdream’s balance sheet at the end of the fourth quarter is shown below:AssetsCash $35,000Uncollected Accounts receivable in Q4 this year: $200,000LiabilitiesAccounts payable $85,700An agreement with Bank of the West allows Bigdream to borrow up to a total loan amount of $550,000. The interest rate on these loans is 12% annually (pretty high considering market rates) but the interest is not compounded, meaning this is simple interest only.Required:1) Master Budget2) Cash Budget. Show the cash budget by month and in total.3) Budgeted Income statement
Ashford Unit IV Sun Coast Remediation Descriptive Statistics & Assumption Testing Analysis
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Ashford Unit IV Sun Coast Remediation Descriptive Statistics & Assumption Testing Analysis
Descriptive Statistics Analysis Describe the Sun Coast data using the descriptive statistics tools discussed
in the unit lesson. Establish whether assumptions are met to use parametric
statistical procedures. Repeat the tasks below for each tab in the Sun Coast
research study data set. Utilize the Unit IV Scholarly Activity template.You will utilize the Microsoft Excel ToolPak. The links to the ToolPak are
in the Excel ToolPak Links document. Here are some of the items you will cover.
Produce a frequency distribution table and histogram.
Generate descriptive statistics table, including measures of central
tendency (mean, median, and mode), kurtosis, and
skewness.
Describe the dependent variable measurement scale as nominal,
ordinal, interval, or ratio.
Analyze, evaluate, and discuss the above descriptive statistics in
relation to assumptions required for parametric
testing. Confirm whether the assumptions are met or
are not met. The title and reference pages do not count toward the page requirement for
this assignment. This assignment should be no less than five pages in length,
follow APA-style formatting and guidelines, and use references and citations as
necessary.
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Most Popular Content
11 pages
Part 2.edited
Missing data are common in statistical analyses, and this suggests why various methods have been put in place to manage th ...
Part 2.edited
Missing data are common in statistical analyses, and this suggests why various methods have been put in place to manage the issue. One of the methods ...
Mental Models, business and finance assignment help
Guidelines for Submission: Use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cite ...
Mental Models, business and finance assignment help
Guidelines for Submission: Use double spacing, 12-point Times New Roman font, and one-inch margins. Sources should be cited according APA format. Page-length requirements: 2–4 pages.In considering Mental Models, identify three that may inhibit your entrepreneurial idea from coming to fruition. Describe ways in which you can change those Mental Models from inhibitors to ones that are motivators.Entrepreneurial Idea: Green energy company manufacturing solar panels, wind turbines, and so on.Critical elements: 1. Includes all of the main elements and requirements and cites multiple examples to illustrate each element2. Provides in-depth analysis that demonstrates complete understanding of multiple concepts3. Incorporate DeBono's six thinking Hats4. Draws insightful conclusions that are thoroughly defended with evidence and examples 5. Incorporates many scholarly resources effectively that reflect depth and breadth of research
ACCT 621 University Canada West Master Budget and Budgeted Income Statement Worksheet
After two years study at UCW, you finally graduate and start a job as Junior accountant at Bigdream Inc. Your manager is r ...
ACCT 621 University Canada West Master Budget and Budgeted Income Statement Worksheet
After two years study at UCW, you finally graduate and start a job as Junior accountant at Bigdream Inc. Your manager is responsible for the nationwide distribution of creator design sets. Because of the new social media influence among current generation, the company has grown rapidly, and the prompt growth forces the management team to improve their efficiency and manage their production effectively.You have just been given responsibility for all planning and budgeting of the entire lighting set division. Today is your first day, you have just given an assignment to prepare master budget for the manager, who needs to present the budget and discuss the financial objectives with the shareholders tomorrow. During your job interview, you clearly stated that you gained managerial accounting knowledge and hand on experience during your MBA study.Your first assignment is to prepare a master budget for the next fiscal year, starting January 1, 2021. Your co-work has left a pile of files on your desk including the past sale records, product information, manufacture schedule and supplier pricing list. Now, you realized that you should have pay more attention during the lecture. Now, you don’t know where to start. Fortunately, you remember that you still kept a copy spreadsheet of the master budget template in your laptop from the accounting course.Note: The company desires a minimum ending cash balance each month on $85,000. The Bigdream products are sold to retailers for $129 each and the sales have been in demand due to the Covid-19. However, the marketing department has been conservative toward the end of the year due market saturation. The marketing department has just sent you their forecasted quarter sales and marketing budget.Quarter2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2Sales in Unit30,00035,00040,000550005000055,000Marketing Expenses$35,000$20,000$20,000$35,000$35,000$25,000Ending finished goods inventories are supposed to be equal to 20% of the next month’s sales in units. Bigdream currently does its own assembly production in house. Each unit consists of 3LED panels and the cost of each is $15. Each unit needs 0.10 labour hour from assemble to finish package. The hourly pay rate to the assembling workers is $15 per hour. The production manager also required desired direct material ending inventory to 30% of the next quarter production.Purchases are paid for in the following manner: 50% in the quarter of the purchase and the remaining 50% paid in the quarter following the purchase. All sales to the distributors are made on credit terms with no discount (for now), and payable within 15 days. The Bigdream has determined that only 50% of sales are collected by the end of the quarter in which the sale occurred. An additional 30% is collected in the quarter following the sale, and the remaining 20% is collected in the second quarter following the sale. Bad debts have been negligible, supporting the credit terms as favorable.Below is a display of the Bigdream division monthly manufacture overhead and selling and administrative expenses:Manufacture OverheadVariable:Indirect labour $5 per labour hourIndirect Materials $2.00 per labour hourFixed:Wages and Salaries$2,000 per monthUtilities $1,500 per monthInsurance $2,000 per monthDepreciation $2,000 per monthSelling and AdministrativeVariable:Sales Commissions $5 per unitFixed (Monthly):Wages and Salaries$22,000Utilities $6,000Insurance $1,200Depreciation $1,500Miscellaneous $3,000Labour, Manufacture Overhead, and Selling and Administrative expenses are all paid during the month, in cash, with the exception of depreciation (of course). Bigdream will make a purchase of a parcel of land during the first quarter of 2021 for $50,000 cash. Bigdream’s balance sheet at the end of the fourth quarter is shown below:AssetsCash $35,000Uncollected Accounts receivable in Q4 this year: $200,000LiabilitiesAccounts payable $85,700An agreement with Bank of the West allows Bigdream to borrow up to a total loan amount of $550,000. The interest rate on these loans is 12% annually (pretty high considering market rates) but the interest is not compounded, meaning this is simple interest only.Required:1) Master Budget2) Cash Budget. Show the cash budget by month and in total.3) Budgeted Income statement
Ashford Unit IV Sun Coast Remediation Descriptive Statistics & Assumption Testing Analysis
Descriptive Statistics Analysis Describe the Sun Coast data using the descriptive statistics tools discussed
in the uni ...
Ashford Unit IV Sun Coast Remediation Descriptive Statistics & Assumption Testing Analysis
Descriptive Statistics Analysis Describe the Sun Coast data using the descriptive statistics tools discussed
in the unit lesson. Establish whether assumptions are met to use parametric
statistical procedures. Repeat the tasks below for each tab in the Sun Coast
research study data set. Utilize the Unit IV Scholarly Activity template.You will utilize the Microsoft Excel ToolPak. The links to the ToolPak are
in the Excel ToolPak Links document. Here are some of the items you will cover.
Produce a frequency distribution table and histogram.
Generate descriptive statistics table, including measures of central
tendency (mean, median, and mode), kurtosis, and
skewness.
Describe the dependent variable measurement scale as nominal,
ordinal, interval, or ratio.
Analyze, evaluate, and discuss the above descriptive statistics in
relation to assumptions required for parametric
testing. Confirm whether the assumptions are met or
are not met. The title and reference pages do not count toward the page requirement for
this assignment. This assignment should be no less than five pages in length,
follow APA-style formatting and guidelines, and use references and citations as
necessary.
19 pages
Hotel Essentials
The term hospitality originates from the term hospitare which is a Latin word meaning exercising friendliness, generosity ...
Hotel Essentials
The term hospitality originates from the term hospitare which is a Latin word meaning exercising friendliness, generosity and entertainment of a ...
Ethical Leadership Questionnaire?
1. Read the An improved measure of ethical leadership article by Yukl, Mahsud, Hassan, & Prussia (2013). Complete the Chec ...
Ethical Leadership Questionnaire?
1. Read the An improved measure of ethical leadership article by Yukl, Mahsud, Hassan, & Prussia (2013). Complete the Checklist: Ethical Leadership Questionnaire, then answer these following questions from the text:Describe the behaviors that are most important for you to feel trust in the ethical leadership of a supervisor, manager, or company executive?Describe any descriptors in the list that are difficult to observe?Analyze how ethical leadership can be measured in an organization?Evaluate how personal experience with a leader (e.g., work assignments, disciplinary actions) skew your assessment of his or her ethical leadership? Cite an example based on personal experience.Your response must be a mimimum of 300 words.2. Prior to beginning your discussion, read Understanding (and preventing) ethical leadership failures (Links to an external site.)Links to an external site.. After reading the article, give an example of one or more leadership failures that you are familiar with. You may use an organization, group, or political figure for your discussion. Describe the failure(s) in detail. Analyze how the failure(s) could have been mitigated.Your response must be a minimum of 300 words.
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