there is a complementarity between passenger and freight transport system. with some exceptions, such as busses and pipelines, most transport modes have developed to handle both freight and passenger traffic. in some cases both a carried in the same vehicle and in some cases the different modes join to deliver a complete service. what are the advantages of joint operations?

Answers

Answer 1

The advantages of the using joint operations in a society includes:

access to new markets and distribution networks.increased capacity.sharing of risks with a partner.access to new knowledge and expertiseaccess to greater resources etc.

What does joint operations means in transportation system?

In transportation, joint operations refers to the coordination and cooperation between multiple transportation providers or agencies in order to provide more efficient and comprehensive service to customers.

This can include sharing of resources, coordinating scheduling and routing, and cooperating on marketing and fare structures. This operations can take many forms, such as partnerships between bus and rail companies, or between public and private transportation providers.

Most important, main goal of the operation is often to provide more seamless and convenient transportation options for customers, and to make more efficient use of resources.

Read more about joint operations

brainly.com/question/8058435

#SPJ1


Related Questions

Choose 2 multinational companies (1 U.S.-based company + 1 foreign-based company).
Visit the websites of the 2 companies and conduct research using databases such as Business and Company ASAP and Business
Source Complete.
How do these 2 multinational companies have organized their global business operations?
What are their similarities and differences, and what might explain those similarities and differences?
How might you characterize their business and international strategies?

Answers

Tools like nation portfolio analysis and political risk assessment, which primarily concentrate on the potential benefits from doing business in emerging countries, are used by companies that seek new markets.

How a Global Corporation Operates?

An organisation is considered a global corporation if its operations span at least two nations. Some individuals would classify any business having an overseas branch as a multinational corporation. Some people might restrict the term to only include businesses with at least 25% of their revenue coming from sources outside of their own nation.

What Are Some of the Risks Facing Global Corporations?

The various nations and regions in which multinational firms operate expose them to dangers. These include potential dangers to regulations or the law, political unpredictability, crime and violence, and cultural

To know more about MNC visit:

https://brainly.com/question/494475

#SPJ1

Assume Jim’s behavior toward Glenn resembles his behavior toward Gloria. Does Glenn potentially have a sexual harassment claim against PaperKlip Office Supplies?

Answers

Glenn potentially have a sexual harassment claim against PaperKlip Office Supplies as C. Yes, because a male employee can be guilty of sexually harassing another male employee.

How to illustrate the information?

In this situation, Glenn Lamar, Managing Director of PaperKlip Office Supplies, is conducting a grievance meeting with Gloria Westfield, a senior executive who has reported feeling physically threatened by a male subordinate.

It should be noted that a male employee can be guilty of sexually harassing another male employee. Therefore, the correct option is C.

Learn more about harassment on:

https://brainly.com/question/9647226

#SPJ1

Glenn Lamar, Managing Director of PaperKlip Office Supplies, is conducting a grievance meeting with Gloria Westfield, a senior executive who has reported feeling physically threatened by a male subordinate. During the meeting, the male subordinate, John DiMaggio, knocks on the door and requests permission to participate having learned the meeting was about him.

Assume Jim’s behavior toward Glenn resembles his behavior toward Gloria. Does Glenn potentially have a sexual harassment claim against PaperKlip Office Supplies?

Multiple Choice

No, a male employee cannot be guilty of sexually harassing another male employee.

No, because Glenn is not Jim’s subordinate.

Yes, because a male employee can be guilty of sexually harassing another male employee.

No, because Glenn respects Jim as a worker.

Yes, because Glenn is Jim’s superior

"Insider" information is material given
by an employee to
A. another employee of the same business
B. the general public
C. a few non-employees in the public

Answers

Insider information, also known as interior information, refers to personal facts related to a publicly traded organisation that can furnish a financial benefit in the markets.

How do people get insider information?

The SEC's Edgar database lets in free public access to all filings related to insider shopping for and promoting of stock shares. A number of monetary facts web sites offer easier-to-use databases of insider buying.

This includes Social Security Numbers, financial institution information, different non-public identifiable monetary information, and certain transactions with monetary institutions.

An insider is a director, senior officer, entity, or character that owns greater than 10% of a publicly-traded company's vote casting shares.

Learn more about insider information here:

https://brainly.com/question/21484893#SPJ4

Tonya Fairfield, an attorney, traveled to Washington D.C. for a case. Because of delayed flights from the West Coast, her travel lasted all day. When she arrived at to her hotel late at night, she was exhausted. She got to her room and realized she had left her cell phone in the taxi cab. She called the front desk and spoke to Susan, the front desk manager. Susan told Ms. Fairfield not to worry and to get a good night's sleep. Susan then spent the next hour tracking down the cab driver. The next morning Ms. Fairfield received complimentary room service with scones, a cup of coffee, a flower in a vase, and her cell phone. This incident could be classified as:


a basic service factor


a satisfaction service factor


performance service factor


an excitement service factor

Answers

The incident that has to do with the description that has being provided here is one that would be classified as: satisfaction service factor. Option 2

What is a satisfaction service factor?

A satisfaction service factor refers to the degree to which the service provided meets or exceeds customer expectations. In this case, Ms. Fairfield had a problem with her phone being left in the taxi, and the front desk manager Susan took initiative to track down the cab driver and return the phone to her. Furthermore, the hotel provided her with complimentary room service which exceeded her expectations. This led to Ms. Fairfield being satisfied with the service provided by the hotel.

A basic service factor is the minimum level of service that is expected. Performance service factor refers to how well the service is delivered. An excitement service factor is an unexpected or unique aspect of the service that creates a sense of excitement or surprise.

Read more on satisfaction service factor here:https://brainly.com/question/15693224

#SPJ1

A 10-K financial report must be filed if a
company has $10 million in
A. assets
B. stocks
C. liabilities

Answers

The answer is a. Assets

Tandang Sora has deposited P33,000 today in an account which will earn 10 percent annually. She plans to leave the funds in this account for seven years earning interest. If the goal of this deposit is to cover a future obligation of P65,000, what recommendation would you make to Tandang Sora?

Answers

If Tandang Sora has deposited P33,000 today in an account which will earn 10 percent annually in which  she plans to leave the funds in this account for seven years earning interest. The  recommendation  i would you make to Tandang Sora is: to  find an account with either a  higher interest rate or deposit a larger sum today.

How to find the face value and the present value?

Face Value = 33,000(1.+.10)^7

Face Value = 33,000(1.1)^7

Face value = $64,308

Aunt Tillie will tend to  only have to make the amount of  $64,308 at the end of seven years based on the given  stated arrangement.

Hence, she will have to  find an account with either a  higher interest rate or deposit a larger sum today.

So, the amount Aunt Tillie should invest today to receive $65,000 after 7 years is calculated as:

Present value  = 65,000 / (1.+.10)^7

Present value  = 65,000 / (1.1)^7

Present value = $33,355.28

Therefore she should find an account with either a  higher interest rate or deposit a larger sum today.

Learn more about face value and present value here:https://brainly.com/question/17174087

#SPJ1

Explain the effect on firms and labor market

Answers

Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and failing firms.
The effect of a change in the labor market on firms and workers can depend on a variety of factors, including the type of change that is occurring, the size of the firm, and the specific industry in which the firm operates.

For example, if there is an increase in the supply of labor, this can lead to lower wages for workers as firms have a larger pool of candidates to choose from and may not need to offer as high of a wage to attract workers. This can be beneficial for firms as it may lower their labor costs, but it can be detrimental for workers who may see their wages decline.

On the other hand, if there is an increase in the demand for labor, this can lead to higher wages for workers as firms compete for a limited pool of candidates and may need to offer higher wages to attract and retain workers. This can be beneficial for workers, but it can be detrimental for firms as it may increase their labor costs.

Overall, changes in the labor market can have complex and varied effects on both firms and workers, and it is important to consider the specific circumstances and context in which these changes are occurring.

"Group Think" happens when
everyone agrees with the same
thought.
True or false

Answers

It is a phenomenon that can lead to poor decision-making True.

What is group think?

Group think is a phenomenon in which a group of people, influenced by their desire for consensus, make irrational or poor decisions. It often occurs when group members are unwilling or unable to express their individual opinions, or when group members feel pressure from an authority figure to come to an agreement. Group think can lead to poor decision-making, as group members may ignore potential problems or negative information that could be beneficial to the decision-making process. Additionally, group think can lead to conformity among members, making it difficult for them to think outside the box and come up with creative solutions.

Group Think can lead to poor decision-making because it eliminates any divergence of opinion, leading to conformity and the absence of critical thought. This can lead to an inability to objectively evaluate the risks and benefits involved in a decision, as well as a lack of creativity and innovation. Additionally, group think can lead to a lack of accountability, as members of a group may be less likely to challenge decisions or provide constructive criticism.

To know more about group think click-
https://brainly.com/question/13763896
#SPJ1

3. You have Birr 1,500 to invest today at 7% interest compounded annually. Find how much you will have accumulated in the account at the end of (1) 3 years, (2) 6 years, and (3) 9 years.

Answers

1-The amount accumulated at the end of 3 years is Birr 1,837.56

2-The amount accumulated at the end of 6 years is Birr 2,251.10

3-The amount accumulated at the end of 9 years is Birr 2,757.69

The formula to calculate compound interest is

A=P(1+r/n)∧nt

Where, A=  final amount

P= initial Principal

r= rate of interest

t= time period

n= number of times interest applied(annually, quarterly etc)

1- P=1500   r=7%   t=3   n=1

Amount=1500(1+0.07/1)∧3

=1837.56

2- P=1500   r=7%  t=6 years  n=1

Amount = 1500(1+0.07/1)∧6

=2251.10

3- P=1500   rate=7% time t=9 years  n=1

Amount= 1500(1+0.07/1)∧9

=2757.69

Therefore Amount at the end of 3 years is 1837.56

6 years is 2251.10 and at the end of 9 years is 2757.69

To learn more about compound interest visit:

https://brainly.com/question/28020457

Which project management tool considers the longest time the completion of a sequence of activities might take?
To manage project activities, operations managers can calculate the ____ , which is a sequence of activities, the completion of which takes the longest time.

Answers

Which project management tool considers the longest time the completion of a sequence of activities might take?

To manage project activities, operations managers can calculate the ____ , which is a sequence of activities, the completion of which takes the longest time.

The project management tool that considers the longest time the completion of a sequence of activities might take is called the critical path. The critical path is a sequence of activities, the completion of which takes the longest time, and it determines the minimum amount of time required to complete a project. It is used to identify the most critical activities in a project and to ensure that they are completed on time in order to meet project deadlines. The critical path is determined by analyzing the dependencies between activities and the time required to complete each activity. By focusing on the critical path, project managers can ensure that the most important activities are prioritized and that the project stays on schedule.

Why do intetest, dividends to preferred, and the dividends to common are the exemptions to the general rule of the percent of the sales method?

Answers

They are regarded as nonoperating income or costs, interest, dividends to preferred stock, and dividends to common stock are exceptions to the general rule of the percent of sales approach.

What is the sales method?

Generally, Interest, dividends to preferred stock, and dividends to common stock are exemptions to the general rule of the percent of sales method because they are considered as nonoperating income or expenses.

These items are not directly related to the operation of a business, and therefore, are not included in the calculation of the percent of sales method.

This method is used to determine the expected amount of income or expenses based on a company's sales revenue, and nonoperating items such as interest and dividends are not considered to be part of a company's core operations.

Read more about sales methods

https://brainly.com/question/29110758

#SPJ1

Answer the question below. Use the rubric linked above for help if needed.
Think about the items that you use every day. Do you use inelastic goods? Do you use elastic goods? Give two examples of each type of good. Explain why you use each good and determine whether or not you
could survive without each good. Use details to support your answer.

Answers

Luxury products and particular foods and beverages are elastic goods because demand is influenced by price changes for them. Products like nicotine and prescription medications may be considered inelastic goods since the demand for them frequently remains constant despite price fluctuations.

What are the goods?

The term Goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.

Electronics or clothing are examples of elastic goods, whereas food and prescription medications are examples of inelastic goods. Cross elasticity gauges how demand for one good changes in response to price changes for another, related good.

Therefore, Luxury items and specific foods and beverages are considered elastic goods since the demand for them is affected by price variations.

Learn more about goods here:

https://brainly.com/question/12802278

#SPJ1

When using the formula for calculating the APR, you need to add 1 to one of the values. Which value?
a. the total number of payments
b. amount of loan
c. finance charge
d. number of payment periods in one year

Answers

APR

When using the formula for calculating the APR (Annual Percentage Rate), you need to add 1 to the number of payment periods in one year (d).

The APR is a measure of the cost of borrowing money, expressed as a percentage. It takes into account the amount of the loan, the finance charge (the fees associated with borrowing the money), and the number of payments that will be made over the course of the loan.

To calculate the APR, you will need to use the following formula:

APR = (finance charge / loan amount) x (number of payment periods in one year / number of payments) x 100

In this formula, the finance charge is the total amount of money that the borrower will pay to borrow the loan. The loan amount is the principal amount of the loan, or the amount of money being borrowed. The number of payment periods in one year is the number of times that payments will be made over the course of one year, and the number of payments is the total number of payments that will be made over the course of the loan.

By adding 1 to the number of payment periods in one year, you are taking into account the fact that there are typically more than 12 payment periods in a year (for example, if you make monthly payments, there will be 12 payment periods in one year). This ensures that the APR is accurate and reflects the true cost of borrowing the money.

Hope This Helps You!

Final answer:

In calculating the APR, the number to which you add 1 is the number of payment periods in one year, but express as a decimal and not a percent.

Explanation:

In the context of calculating the Annual Percentage Rate (APR), you would add 1 to the number of payment periods in one year by converting it from a percent to a decimal. Here is a simple example: If the annual interest rate is 5%, we express it as 0.05, but when we use it to calculate the APR, we add 1 to get 1.05 which is utilized in the formula.

Learn more about APR calculation here:

https://brainly.com/question/31868821

#SPJ2

One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer

Answers

So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry

What is an economy of scale?

Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.

In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.

It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.

Learn more about economies of scale, Here:

https://brainly.com/question/15605103

#SPJ1

Communication which occurs via a
phone call would fall under which
category?
A. synchronous
C. horizontal
B. asynchronous
D. vertical

Answers

Communication occurs g via phone call falls under A. Synchronous

If you have a friend who is hoping to buy a home in the next few years, what should your friend know about the process of finding and paying for a new home? What do they need to know to make the home-buying process smoother? How does their credit score affect this process? How would your friend determine what is affordable?

Answers

Things to consider

FinancingBudgeting.etc

Your buddy should engage with a real estate agent to make the home-buying process easier.

Your acquaintance should examine their income, debt, long-term financial objectives, and the cost of homeownership in their desired region to decide what is affordable.

What is a credit score?

Generally, When buying a home, there are several things your friend should consider:

Financing: Your friend should determine how much they can afford to spend on a home and what type of mortgage loan they qualify for. They should also research different types of loans and compare interest rates and fees from different lenders. They should also check their credit score and work on improving it if necessary.

Budgeting: Your friend should also create a budget that includes not only the cost of the home, but also closing costs, moving expenses, and ongoing costs of homeownership such as property taxes and insurance.

Searching: Your friend should research different neighborhoods and consider factors such as location, schools, and amenities. They should also tour homes and consider the condition and layout of each.

Making an offer: Once your friend finds a home they want to purchase, they should work with a real estate agent to make an offer that takes into account the home's condition, the local housing market, and the seller's motivation.

Closing: After the offer is accepted, your friend should work with a lender to complete the mortgage process and close on the home.

To make the home-buying process smoother, your friend should also consider working with a real estate agent, who can help them navigate the process and find homes that meet their needs and budget.

Additionally, a good credit score will help your friend qualify for better mortgage rates and terms.

To determine what is affordable, your friend should consider their income, debt, and long-term financial goals, as well as the cost of homeownership in the areas where they're looking to buy.

Read more about credit score

https://brainly.com/question/25668115

#SPJ1

The United Nations has never focused on the international rights of consumer
True or false

Answers

Answer:

true they have never focused on rights of consumers

Explanation:

hope this helps!

An increase in the expected real interest rate tends to raise desired saving, but lower desired investment. Explain how and why? Also give an example

Answers

Savings have increased as a result of the higher lending rates, and the quantity of loanable money available has climbed. The need to borrow money at various interest rates is reflected in the request for loanable funds.

What is an interest rate?

An amount that a borrower must pay to a loan as interest during the course of a loan, is stated as a percentage of the loan amount.

The nation's economic balances of fixed investments and savings impact the real interest rate. All other things being equal, if saving raises or asset growth declines, the real interest rate lowers; if saving grows or asset growth reduces, the real interest rate increases.

Learn more about the interest rate, Here:

https://brainly.com/question/13324776

#SPJ1

How to do a conclusion for The Hedge Fund Battle over Herbalife’s Direct Selling Business Model report by recognizing essential lessons from the case study.

Answers

Answer:

The Hedge Fund Battle over Herbalife’s Direct Selling Business Model report provides essential lessons for investors, corporations, and regulators. It is important to recognize that the battle between hedge funds and Herbalife was a complex and multifaceted one. Investors should be aware of the potential risks and rewards associated with investing in a company that is heavily reliant on direct selling. Corporations should consider the potential implications of their business model on the stock market and the potential legal and regulatory issues that may arise. Regulators should be vigilant in monitoring business practices and ensure that they are in compliance with applicable laws and regulations. By recognizing these essential lessons, investors, corporations, and regulators can be better prepared to navigate the complex world of investing.

Explanation:

1.Critically evaluate how success and failure in practice of basic management functions affect the organization. Support with real local examples.

Answers

Most often, the success and failure of the basic management functions of the organization rest on an effective or ineffective manager, who is in charge of the basic management functions.

How does basic management functions affect the organization?

An organization's effective management entails the ability to plan, organize, lead, and control resources in order to achieve its goals and objectives. When these management functions are carried out successfully, the organization's efficiency, productivity, and overall performance are likely to improve.

As a result, a well-organized organization with a clear chain of command and decision-making process will be able to respond to challenges and opportunities more effectively.

However, when basic management functions are not carried out successfully, it can have a negative impact on the organization. Poor planning can waste resources and lead to missed opportunities, whereas disorganized systems and processes can lead to inefficiencies and confusion.

Read more about management function

brainly.com/question/17083312

#SPJ1

Dose stockholders get one vote for each share they own?

Answers

Answer:

Investors with common stock are generally allowed one vote per share they own.

Explanation:

Stockholder voting rights are the privileges granted to shareholders of a company to vote on matters that affect the company, such as the election of directors and the approval of major corporate actions, and to have a say in how the company is run.

Investors who own shares of the common stock of a company usually have shareholder voting rights.

Thus, an investor who owns 1,000 shares of stock may have 1,000 votes to cast.

To learn more about stockholders,

https://brainly.com/question/18523103?referrer=searchResults

https://brainly.com/question/2498436?referrer=searchResults

You are provided two problem statements below (Homework Problem 1). For each, provide a score on a scale of 1 to 10 with 10 being best. Provide justification for each score that you gave.
Example Problem Statements
We want to improve employee performance in the Human Resources (HR) department.
We want to improve sales revenue by 10%

Answers

To provide a score on a scale of 1 to 10 on the problem statements, as per the examples, we can score as follows:

Improve the performance of HR employees, score 9, as this is a problem that affects the entire organizational system.Improve sales revenue by 10%, grade 7, as sales revenue can be improved in the period according to commemorative dates.What are organizational problem statements?

They correspond to an analysis of the organizational environment to understand what are the greatest needs for improvement, control and revision, to eliminate production bottlenecks, lack of integration and organizational flow.

Therefore, the problem statements in an organization help in managing more aligned to the reality of the company, such as its resources, monitoring and review of the processes that are responsible for making the company successful and positioned in the market.

Find out more about problem statements on:

https://brainly.com/question/25923602

#SPJ1

A self assessment tool that identifies your strengths, skills, and interests is called a(n) ___.
A. interest inventory
B. entrance exam
C. psychological evaluation
D. standardized test

Answers

A self assessment tool that identifies your strengths, skills, and interests is called an interest inventory. The Option A is correct.

What does an interest inventory mean?

An interest inventory, also known as an interest test, is a testing instrument designed to measure and evaluate an individual's level of interest in, or preference for, a variety of activities. Direct observation of behavior, ability tests, and self-reporting inventories of interest in educational, social, recreational, and vocational activities are examples of testing methods.

The activities typically represented in interest inventories are related to various occupational areas, and these instruments and their outcomes are frequently used in vocational guidance.

Read more about interest inventory

brainly.com/question/27977249

#SPJ1

What is the modified internal rate of return (MIRR) of this project? Assume that the required rate is 12%
Year CF
0 $5,500
1 $450
2 $1,800
3 $3,200
4 $550
5 $2,130

Answers

$1,800 seems correct for the given question

I don’t know what the project is so I am not 100% sure this is correct but that would be my best guess.

Hope this helps have an excellent day!

Give reasons that can explain why a stock price might not react at all on the day that new information related to the stock's issuer is released? Which of these reasons hold if the market is semi strong form efficient? Explain your argument.

Answers

The best argument to give is that stock prices change rapidly at any given time. Stocks are very hard to predict. The market can only be semi strong if more people are investing in a diversity of stocks which will grow the market.

Hope this helps have an excellent day!

If you want to buy a $245,000 house with a 15% down payment, how much will you be borrowing from the bank? If the interest you will pay is $210,000 total, how much total (interest and principal) will you pay on the borrowed money over the 30 years of your mortgage?

Answers

Answer:

Explanation:

year and any subsequent word will have to be  ignored because we limit queries to 32 words.

For a home price of $250,000 the minimum down payment would be $8,750.

5. On the job, Candice coordinates the work of a small group
of people and acts as a catalyst. Her job title is most likely
a. vice president.
b. middle manager.
c. general manager.
d. team leader.

Answers

The correct option d. team leader, best describe the role of Candice who coordinates the small group of people.

Define the roles of term team leader and its roles?

An professional who directs, teaches, and guides a team of individuals who work as a team is known as a team leader.

This definition states that a team leader must be able to effectively communicate, supervise the work of many others, and resolve any issues that may develop throughout a project. The team leader must ensure that all team members receive the essential information, remove barriers to production, inspire team members, and offer support to the group in order to fulfill their many crucial duties. The job description of a team leader outlines how the leader aids team members in achieving their objectives and adding to the expansion of a business. Team leaders encourage open and productive communication within their workplace and serve as an example to others.

To know more about the team leader, here

https://brainly.com/question/25996547

#SPJ1

1. What is the major objective of the article?
2. What are the theories discussed in the paper and how do they compare?
3. If the author argues supporting/ rejecting a theory, what are his reasons and
how valid are the reasons?
4. How are the conclusions of the articles aligned with the findings of the study?
5. What exactly does the work contribute and relate to the overall topic of your
course?
6. In your opinion, what were the strengths and weakness of the paper?

Answers

Answer:

to define more about noun

Your reading material illustrates a typical example of what happens if you pay just the minimum monthly payment every month on a credit card balance, In this example, approximately how long will it take to pay off the original dept completely?

Answers

Answer: Most credit cards only require you to make a minimum payment each month, which is typically a fixed amount, often $20 to $25, or a percentage of your balance, usually 1 to 3 percent. Paying the minimum is tempting, especially if your budget is tight. But the less you pay now, the more you’ll pay later.

Carrying a credit card balance not only means you’ll be in debt longer, but it also means you can rack up massive amounts of interest, thanks to exorbitant, oftentimes double-digit interest rates.

Explanation:

To give you an idea of just how costly it can be to pay only the minimum on your credit card, personal finance site NerdWallet crunched the numbers and determined the interest costs of paying off debt. It assumed credit card debt of $6,081, which is what the average household with revolving credit card debt owes, and an interest rate of 14.99 percent.

Martin Company expects to have a cash balance of $135,000 on January 1, 2017. Relevant
monthly budget data for the first 2 months of 2017 are as follows:
• Collections from customers: January $246,500, February $435,000.
• Payments for direct materials: January $155,000, February $240,000
• Direct labor: January $90,000, February $135,000. Wages are paid in the month they
are incurred.
• Manufacturing overhead: January $63,000, February $75,000. These costs include
depreciation of $5,000 per month. All other overhead costs are paid as incurred.
• Selling and administrative expenses: January $45,000, February $60,000. These costs
are exclusive of depreciation. They are paid as incurred.
• Sales of marketable securities in January are expected to realize $36,000 in cash.
Martin Company has a line of credit at the local bank that enables it to borrow up to
$75,000. The company wants to maintain a minimum monthly cash balance of $60,000.
Instructions
(a) Prepare a cash budget for January and February.
(b) Martin Company’s chief financial officer feels that it is important to have data for the
entire quarter especially since their financial forecasts indicate some difficult economic
periods in the coming year. March information has been budgeted as follows:
• Collections from customers: $375,000
• Payments for direct materials: $206,000
• Direct labor: Wages paid in March $116,000
• Manufacturing overhead: $64,500. This includes the monthly depreciation of
$5,000.
• Selling and administrative expenses: $51,600. This cost is exclusive of
depreciation.
• Marketable securities of $50,000 can be sold if needed for additional cash.
(1) Prepare a cash budget for March assuming that the company does not sell the
marketable securities.
(2) What is the maximum amount the company can borrow during March? Does this
provide the company with an adequate ending cash balance?
(3) How much does the company need to borrow if the marketable securities are sold?
(4) Comment on the status of the company’s cash budget for March.

Answers

(a) The prepared Cash Budget for January and February are:

January:

Beginning cash balance: $135,000Collections from customers: $246,500Payments for direct materials: $(155,000)Direct labor: $(90,000)Manufacturing overhead: $(63,000)Selling and administrative expenses: $(45,000)Sales of marketable securities: $36,000Ending cash balance: $194,500

February:

Beginning cash balance: $194,500Collections from customers: $435,000Payments for direct materials: $(240,000)Direct labor: $(135,000)Manufacturing overhead: $(75,000)Selling and administrative expenses: $(60,000)Ending cash balance: $269,500

(b)

(1) March Cash Budget (assuming no sale of marketable securities)

Beginning cash balance: $269,500Collections from customers: $375,000Payments for direct materials: $(206,000)Direct labor: $(116,000)Manufacturing overhead: $(64,500)Selling and administrative expenses: $(51,600)Ending cash balance: $166,400

(2) The maximum amount the company can borrow during March is $75,000

(3)The amount the company need to borrow if the marketable securities are sold is $5,600

(4) My Comment on the status of the company’s cash budget for March is that The company's cash budget for March is not adequate as the ending cash balance is less than the minimum desired balance of $60,000 even if the company sells the marketable securities.

What is the cash budget?

(2) The company can borrow up to $75,000 from the bank. The ending cash balance is $166,400, which is less than the minimum desired balance of $60,000. Therefore, the company needs to borrow more money.

(3) If the marketable securities are sold, the company will have additional cash of $50,000. So, the company needs to borrow $5,600 ($60,000 - $50,000 - $166,400)

(4)  The company needs to borrow money from the bank in order to have an adequate cash balance. Depending on the interest rate and the terms of the loan, it's important for the company to assess the costs and benefits of borrowing. It may be beneficial for the company to look for other ways to increase cash balance such as by increasing revenues, cutting costs, or finding alternative sources of financing.

Learn more about cash budget in

brainly.com/question/15865418

#SPJ1

Other Questions
Salut as vrea si eu un rezumat in GERMANA la cartea Christmas Chronicles Research and explain the steps to legally immigrate to America today.No linksNeed this ASAP HELP LIMITED TIME ASAP!!!!!!!!!!Using electricity sparingly in your home is beneficial for theenvironment because it:Select one:1, increases the amount of greenhouse gases emitted into the atmosphere.2, increases the rate of plant growth3, increases levels of oxygen in the atmosphere.4, reduces the amount of greenhouse gases emitted into the atmosphere. Jahnay is following this recipe to make cakes. Jahnay uses 780 g of butter. How many cakes is Jahnay making? Recipe: Makes 1 Cake 120 g sugar 130 g butter 260 g flour 3 eggs COMPLETE ANSWER THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST Directions: Deliver an original persuasive speech on any of the following topics. Write it when Reading is two-minute limit. Apply all the principles in presenting an effective speech. 1. My contributions for my country 2. The value of making a difference in the community 3. Teens and the Social Media 4. Topic of your interest the scatter plot shows a regression line of units demanded and price. if the demand is for 35 units what would be the predicted price per unit?A)$20B)$23C)$27D)$32 What is the term used by the DoD to describe the actions required to restore systems that have been damaged or worn out beyond economical repair due to combat operations b. Elaborate Why might colonists in a proprietary colony beunhappy if their colony were converted to a royal colony? Read the story "The Patient Cat" from The Pig Brother and Other Fables and Stories by Laura E. RichardsWhen the spotted cat first found the nest, there was nothing in it, for it was only just finished. So she said, "I will wait!" for she was a patient cat, and the summer was before her. She waited a week, and then she climbed up again to the top of the tree, and peeped into the nest. There lay two lovely blue eggs, smooth and shining.The spotted cat said, "Eggs may be good, but young birds are better. I will wait." So she waited; and while she was waiting, she caught mice and rats, and washed herself and slept, and did all that a spotted cat should do to pass the time away.When another week had passed, she climbed the tree again and peeped into the next. This time there were five eggs. But the spotted cat said again, "Eggs may be good, but young birds are better. I will wait a little longer!"So she waited a little longer and then went up again to look. Ah! There were five tiny birds, with big eyes and long necks, and yellow beaks wide open. Then the spotted cat sat down on the branch, and licked her nose and purred, for she was very happy. "It is worth while to be patient!" she said.But when she looked again at the young birds, to see which one she should take first, she saw that they were very thin,oh very, very thin they were! The spotted cat had never seen anything so thin in her life."Now," she said to herself, "if I were to wait only a few days longer, they would grow fat. Thin birds may be good, but fat birds are much better. I will wait!"So she waited; and she watched the father-bird bringing worms all day long to the nest, and said, "Aha! They must be fattening fast! They will soon be as fat as I wish them to be. Aha! What a good thing it is to be patient."At last, one day she thought, "Surely, now they must be fat enough! I will not wait another day. Aha! How good they will be!"So she climbed up the tree, licking her chops all the way and thinking of the fat young birds. And when she reached the top and looked into the nest, it was empty!Then the spotted cat sat down on the branch and spoke thus, "Well, of all the horrid, mean, ungrateful creatures I ever say, those birds are the horridest, and the meanest, and the most ungrateful! Mi-a-u-ow!!!"In a paragraph of 57 sentences, respond to the following questions:What is the theme of this story?Is it stated or implied?How did the theme develop over the course of the story?Use complete sentences, your best writing skills, and details from the passage to support your response. The section is experiencing a positive bending moment about the z-axis, where Mz = 1.13 kN-m. What is the resulting stress at the top and bottom surfaces? And are they in tension or compression? Why did it take so long for all of the states to approve the Articles of Confederation? The pitchers for the home team had 12 strikeouts for 32 batters, while the pitchers for the visiting team had 15 strikeouts for 35 batters. Which pitching team had a greater fraction of strikeouts.(Hint: Just make the 12 for 32 and 15 for 35 into fractions and see which is greater or less than.) last month greg arrived late to work 3 out of 21 days his boss used this information to determine the probability of greg being late again. which pair of probabilites is correct Circles centered at $A$ and $B$ each have radius 2, as shown. Point $O$ is the midpoint of $\overline{AB}$, and $OA Which event is used in how arthur was chosen to be king to develop a theme about family that differs from themes in how theseus lifted the stone 1vNextSummarizing Literature: Mastery TestNothing can describe the confusion of thought which I felt when I sank into the water. Though I swam very well, I could not deliver myself from the wavesso as to draw breath, till that wave having driven me, or rather carried me, a vast way on towards the shore, and having spent itself, went back, and left meupon the land almost dry, but half dead with the water I took in. I had so much presence of mind, as well as breath left, that seeing myself nearer themainland than I expected, I got upon my feet, and endeavored to make on towards the land as fast as I could before another wave should return and take meup again. However, I soon found ityvas impossible to avoid it for I saw the sea come after me as high as a great hill, and as furious as an enemy, which I hadno means or strength to contend with my business was to hold my breath, and raise myself upon the water if I could. By swimming, I could preserve mybreathing, and pilot myself towards the shore, if possible. My greatest concern now being that the sea, as it would carry me a great way towards the shorewhen it came on, might not carry me back again with it when it gave back towards the sea.The wave that came upon me again buried me at once twenty or thirty feet deep in its own body. I could feel myself carried with a mighty force andswitness towards the shore a very great way, but I held my breath, and assisted myself to swim still forward with all my might. I was ready to burst withholding my breath, when, as I felt myself rising up, so, to my immediate relief, I found my head and hands shoot out above the surface of the water. Though itwas not two seconds of time that I could keep myself so, yet it relieved me gready, gave me breath, and new courage. I was covered again with water a goodwhile, but not so long but I held it out and finding the water had spent itself, and began to return, I struck forward against the return of the waves, and feltground again with my feet. I stood still a few moments to recover breath, and till the waters went from me, and then took to my heels and ran with whatstrength I had further towards the shore. But neither would this deliver me from the fury of the sea, which came pouring in after me again; and twice more Iwas litted up by the waves and carried forward as before, the shore being very flat.The last time of these two had well-nigh been fatal to me, for the sea having hurried me along as before, landed me, or rather dashed me, against a piece1from Robinson Crusoeby Daniel DefoeSelect ALL the correct answers.Which two statements should be included in a summary of the passage?DCrusoe scales a grassy cliff and watches the waves at a safe distance.DWhen a wave crashes him against a rock, Crusoe fears the worstCrusoe is afraid he will be pulled further out to sea by the strong currentBecause of rough and powerful waves, Crusoe struggles to get to shore.The sea repeatedly batters Crusoe, but he does not give up hope for survival.0000Submit TestTools Please help. Assignment is due today. I am terrible with math, I don't understand this. Thanks in advance. 10-3 Reconstruction EndsThe Grant Administration As commander of the Union forces, Ulysses S. Grant had led the North to victory in the Civil War. His reputation then carried him to the presidency in the election of 1868. Unfortunately, Grant had little political experience. He believed that the presidents role was to carry out the laws. He left the development of policy to Congress. This made him weak and ineffective. In time, his lack of political experience helped split the Republican Party. It also damaged public support for Reconstruction. The Republican Split During Grants first term in office, the Republican-controlled Congress continued to enforce Reconstruction. It also expanded its economic programs. It kept tariffs high, tightened banking rules, and increased federal spending on infrastructure. Taxes on alcohol and tobacco, nicknamed sin taxes and begun as emergency measures during the war, were kept. Democrats attacked these Republican economic policies. They argued that wealthy Americans had too much influence in Grants administration. Some Republicans, known as Liberal Republicans, agreed. The Liberal Republicans tried to prevent Grant from being nominated for president again in 1872. When that failed, they split the Republican Party by nominating their own candidate, publisher Horace Greeley. To attract Southern support, the Liberal Republicans promised to pardon nearly all former Confederates. They also promised to remove Union troops from the South. Then, believing that only a united effort would defeat Grant, the Democratic Party also nominated Greeley. Despite the split in his own party and Greeleys passionate campaigning, Grant won the election easily. A series of scandals hurt Grants administration during his second term. Grants secretary of war, William Belknap, had taken bribes from merchants at Western army posts. Belknap quit his job to avoid impeachment. In 1875 the Whiskey Ring scandal broke. Government officials and distillers in St. Louis, Missouri, had filed false tax reports. They had cheated the government out of millions of dollars. Reportedly, Grants private secretary, Orville E. Babcock, was involved. However, this was never proven. The Panic of 1873 In addition to the political scandals of Grants second term, the nation went through a deep economic crisis. The turmoil started in 1873. That year, a series of bad investments forced the powerful banking firm of Jay Cooke and Company to go bankrupt. A wave of fear known as the Panic of 1873 quickly spread. Dozens of smaller banks closed. The stock market fell sharply. Thousands of businesses shut down, and unemployment soared. The administration scandals and the growing economic depression hurt the Republicans politically. In the 1874 midterm elections, the Democrats won control of the House of Representatives. They also made gains in the Senate.Tell me four things you learned about this section HIV is a retrovirus. How are retroviruses unique from other types of viruses? a. They can enter any type of body cell. b. They contain single-stranded RNA inside the capsid. c. They use the host cell RNA polymerase for transcription. d. They use reverse transcriptase to make DNA from RNA. Because of specialization and comparative advantage, most people Group of answer choices consume the products of many other specialists consume only what they produce themselves share whatever they produce consume the products produced by their family and friends do not use money as a medium of exchange