3. The budget element/s included in the financial budget process are the following except the - Group of answer choices - budgeted balance sheet - cash budget - capital budget - budget variance

Q: Alpha Ltd wishes to know its overall cost of capital and the management has come to you for assistan...

A: i) Dividend (D) = Sh 5 Share price (P) = Sh 87

Q: A group of farmers in Inverness is considering building an irrigation system from a water supply in ...

A: Internal rate of return (IRR) is the rate of discount which makes the net present value of the proje...

Q: Find the capitalized cost of an equipment that costs P55,000.00 if the annual maintenance cost and o...

A: Since multiple questions are involved , we will answer 1st question as per prescribed guidelines and...

Q: 39. The discount on one unit negotiable substance in one unit of time. rate of interest present wort...

A: Since multiple questions are asked , we will answer 1st question as per prescribed guidelines.     T...

Q: A firm has a required rate of return (k) of 15 percent and a return on equity (ROE) of 18%. If the p...

A: The expected return is the minimum required rate of return which an investor required from the inves...

Q: Forward premiums/discounts with bids/asks. Referring to the following spot and forward bid-ask rates...

A: Here,

Q: A man invested P5,000.00 in a bank that pays 12% every year. Find the interest he receives after 3 y...

A: “Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only on...

Q: If you know the nominal interest rate 3% Per Quarter A) Find the Nominal interest rate. B) Find the ...

A: Here, Nominal Interest Rate is 3% per Quarter

Q: ABC bank pays interest at the rate of 2% compounded quarterly. How much will Ken have in the bank at...

A: Interest rate = 2% Monthly interest rate (r) = [{1+(0.02/4)}4]1/12-1                                ...

Q: 3. A family bus a house for $300,000. They pay 15% down and the rest is amortized with a 30-year mor...

A: Cost of house = $300,000 Down payment = 15% Time period = 30 years  Interest = 5.3% (compounded mont...

Q: G, Total Asset Turnover       Sales/ Total Assets   g. Asset Turnover

A: The formula for the calculation of total asset turnover is as follows: Total asset turnover=SalesTot...

Q: Calculate the total payment for the FHA   Purchase Price: $500k LTV: 96.5% Loan term and type: 3...

A: Working Note #1 Purchase Price = $ 500,000 LTV = 96.5% Down payment = 100% - 96.5% = 3.5%   Working ...

Q: ABC Residential Investors, LLP, is considering the purchase of a 120 unit apartment complex in steel...

A: Average rental per unit is $550 per month Rent per month Unit project Price $ 550 140 9,000,000...

Q: FastTrack Bikes, Inc. is thinking of developing a new composite road bike. Development will take six...

A:  “Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first...

Q: White Lion Homebuilders Co.'s addition to earnings for this year is expected to be $857,000. Its tar...

A: The undistributed earnings available to shareholders are known as retained earnings. Companies retai...

Q: What is its price? What would its  price be if the required yield rose to 17 percent? 20 percent?

A: Bond: It is a debt instrument issued by a company to raise capital for the purpose of expanding busi...

Q: Are there sources of value in an investment? what they are? and give an example for both?

A: Yes, there are various sources of value in an investment. An investment is a stock or a bond. People...

Q: Suppose that the required reserve ratio in the economy is 7% and that commercial banks hold excess r...

A: The deposit multiplier is the most money a bank may make for each unit of reserves. Typically, the d...

Q: Give at least three risks faced by a portfolio manager? Explain each.

A: Portfolio manager is a person who has an expertise in financial market and who is entrusted with the...

Q: Suppose you borrow $20,000 at the start of 2022 to buy a car. Your loan is for 4 years at an effecti...

A: a. Calculate the monthly payments as follows: Therefore, the monthly payment is $469.70.

Q: Suppose Omni Consumer Products's CFO is evaluating a project with the following cash inflows. She do...

A: The net present value is present value of net cash inflows minus initial investment  

Q: Turnbull Co. has a target capital structure of 45% debt, 4% preferred stock, and 51% common equity. ...

A: The capital structure has 45 % of debt 4% of preferred stock and 51% of equity tax rate is 25%.

Q: 2. The average price of gasoline may reach $5.00 per gallon in some parts of the U.S. by next month....

A: The effective annual rate of interest is the rate at which the investment actually grows. It takes i...

Q: On December 18, 2020, Stephanie Corporation acquired 100 percent of a Swiss company for 4.006 millio...

A: Translation gain or loss is calculated when home currency is translated into terms of another curren...

Q: The face Value of the 8.5% bond is $1,000 with a maturity period of 5 years. The bond is selling cur...

A: Given: Coupon rate = 8.5% Face value = $1,000 Years =5 Current price = $943.15 Yield to maturity = 1...

Q: A company concerned about the liquidity of its near-cash securities should invest in U.S. Treasury b...

A:

Q: E Activity # 2 Find the future value and present value of the annuity due. No. Principal Rate Mode o...

A: Given:

Q: A fixed capital investment of P10 million is required for a proposed manufacturing plant and an esti...

A: Fixed capital investment = 10,000,000 Estimated working capital = 2,000,000 Depreciation rate = 10% ...

Q: Gina has an opportunity to save $260 per month at an APR of 6.35% in a 401K plan through work. She p...

A: Investment means engaging your funds to generate income for the future. There are various purposes f...

Q: How do I calculate and record the related after tax cash flow effect(s)?

A: THE FOLLOWING IS THE ANSWER

Q: The current price of silver is $206 per ounce. The storage cost is $1 ounce per year, payable quarte...

A: The current price is $206 per ounce. Storage cost $1 

Q: 4. 1 2 3 4 6. 7 8 9. 10 EOY 20 21 22 23 25 26 27 28 29 30 CF $300 24

A: Annuity  An annuity is the series of payments which is received or paid for a certain period of time...

Q: At the beginning of each quarter, P36,000 is deposited into savings account that pays 6% compounded ...

A: Quarterly deposits (D) = P36,000 Interest rate = 6% Quarterly interest rate (r) = [{1+(0.06/2)}2]1/4...

Q: 4. If you pawned your jewelry at Php 50,000 for 75 days at 8% per annum simple interest.How much wil...

A: We know, in simple interest method Future value = Principal amount + Interest earned where interest ...

Q: Alpha Moose Transporters has a current stock price of $33.35 per share, and is expected to pay a per...

A: The minimum rate of return required to earn on equity capital without affecting the market value of ...

Q: Telus kidw orboat toeld0 Activity # 2 Find the future value and present value of the annuity due. Pr...

A: Annuity due is that annuity (perodic equal cash flows) in which payments occure at the start of the ...

Q: The Statement of Stockholders' Equity includes an adjustment for:  a Only Retained Earnings.  b Onl...

A: The statement of stockholders' equity can be defined as the statement showing the capital components...

Q: Assume the stockholders of Rowatt Equipment stock are in the 32 percent tax bracket. The closing pri...

A: Stock Price = $21.86 per share Quarterly dividend = $1.65 per share

Q: ndian rupee forward contracts. The Indian rupee (INR) is currently trading at INR 50 = US$1. With 90...

A: The interest rate are very important factor in determining the forward rate and both must go in hand...

Q: Tiffany owned 10 shares of GIA stock which was selling for $150 per share when the company declared ...

A: As you have posted multiple questions and not specified which one to be answered, the solution to th...

Q: Over the last 6 months, Rohan acquired the following assets: an engagement ring which cost $5,000 a...

A: Total purchase value = $5000 + $3000 + $8500 + $15000 + $5000 = $36500 Total selling value = $6000 +...

Q: Q3. Two years ago, a machine was purchased at a cost of $( 2,000,000) to be useful for eight years. ...

A:

Q: Anuonyam plans to deposit GH¢80 in an account at the end of each of the next 20 years. If the accoun...

A: Principal = GH¢80 Time = 20 years Rate = 17% Future value = ?

Q: compute the following ratios using the Balance Sheet (Current Year) and Income Statement provided in...

A: Hi student Since there are multiple subparts, we will answer only first three subparts. 

Q: XYZ Ltd.has a net income of $ 56,780. They paid $2000 in interest payments to bondholders and $4,000...

A: EBIT (earnings before interest and taxes) is a company's net income before deducting income tax and ...

Q: You need a home loan of $95,000 after your down payment. How much will your monthly house payment be...

A: Loan amount (PV) = $95000 Interest rate = 6.25% Monthly interest rate (r) = 6.25%/12 = 0.52083333333...

Q: Wingler Communications Corporation (WCC) produces airpods that sell for $28.90 per set, and this yea...

A: (Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the questio...

Q: Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards...

A: MARR = 3.75% First Cost = 135,000 N = 15 Salvage Value = 0   Increase in annual labor costs = 4500 D...

Q: a) Approximately how long (approximate years) would it take if you put in a lump sum to double at th...

A: Future Value of Annuity: It is the future value of the present annuity cash flow stream and is calcu...

Q: Lucy is Having a Baby Below are typical medical care services for prenatal care and a hospital deli...

A: Lucy is Having a Baby Below are typical medical care services for prenatal care and a hospital del...

Cash budget

A cash budget is an estimate of an organization's cash flow for the future period. A cash budget forecasts future cash receipts and payments from various sources for a fiscal year. A cash budget can be created once a month or once a week to determine the organization's cash position and ensure its performance in relation to the budget. It aids in determining whether the company has enough cash and cash equivalents to meet its operational needs in the future. If cash receipts are insufficient to cover future expenses, an organization may plan to obtain funds from other sources. After estimating the sales, purchase, and capital expenditure budgets for the year, management develops a cash budget. These budgets are created to ensure that an organization's cash flow is managed. It is important to note that only cash transactions are recorded when actual cash enters and exits an organization.