Respond to two other student's posts.

Use actual numbers in your memo. For example, if you need to borrow money to pay a $10,000 bill that offers terms of 2/10, n/30 and the loan's interest rate is 6%.

Answer:

**Answer:**

Memo

To: The Finance Manager

From: The Payables Accountant

Subject: Bank Loan to Pay Suppliers

Date: October 5, 2020

The above subject on our previous discussion refers.

This memo clarifies the advantage of borrowing from our bank the sum of $100,000 in order to offset the account of our supplier who has offered us the trade terms of 2/10, n/30.

Recall that the bank loan's interest rate is 6% per annum. If we borrow within the month and repay 30 days after, the interest cost will be $500 ($100,000 * 6%/12).

You can compare this to the discount we shall receive from the supplier totaling $2,000 ($100,000 * 2%). We can even extend the bank loan to 2 months, thereby paying a total interest cost of $1,000 ($500 * 2).

The implication is that we shall be making some gains by taking advantage of the cash discount. May you approve the loan based on this clarifications.

Regards,

Tony Ohagwam

**Explanation:**

This memorandum attempts to justify the request for a bank loan in order to settle the bill of one of our company's suppliers. It demonstrates the huge financial benefits that are implicit in accepting cash discounts from suppliers.

What is persecution

Hi this is a macroeconomics problem that i'm struggling with! if someone could please help me i'd really appreciate it!The Red Cross and WIC (Women Infants Children program) both provide emergency food packages and first-aid kits to New York City homeless shelters. The table below shows their weekly production possibilities in providing emergency goods to NYC homeless shelters.Red Cross WICFood packages 300 or 0 200 or 0First-aid kits 0 50 0 20NYC homeless shelters need a total of 20 first-aid kits per week. Currently, they get 10 kits from the Red Cross and 10 kits from WIC. With their remaining resources, how many food packages can each organization provide to NYC homeless shelters?

Gibson Company paid $12,000 on June 1, 2014 for a two-year insurance policy and recorded the entire amount as Insurance Expense. The December 31, 2014 adjusting entry is A. Debit Prepaid Insurance and credit Insurance Expense, $3,500 B. Debit Prepaid Insurance and credit Insurance Expense, $8,500 C. Debit Insurance Expense and credit Prepaid Insurance, $3,500 D. Debit Insurance Expense and credit Prepaid Insurance, $8,500

If the inflation rate is positive power is ?. This situation is reflected in the ? Rate of return on an investment, which will be ? The ? Rate of return

The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some disagreement as to whether the government should attempt to stabilize the economy. Which of the following are arguments in favor of active stabilization policy by the government?a. Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses.b. The current tax system acts as an automatic stabilizer.c. Businesses make investment plans many month in advance.d. The Fed can effectively respond to excessive pessimism by expanding the money supply and lowering interest rates.

Hi this is a macroeconomics problem that i'm struggling with! if someone could please help me i'd really appreciate it!The Red Cross and WIC (Women Infants Children program) both provide emergency food packages and first-aid kits to New York City homeless shelters. The table below shows their weekly production possibilities in providing emergency goods to NYC homeless shelters.Red Cross WICFood packages 300 or 0 200 or 0First-aid kits 0 50 0 20NYC homeless shelters need a total of 20 first-aid kits per week. Currently, they get 10 kits from the Red Cross and 10 kits from WIC. With their remaining resources, how many food packages can each organization provide to NYC homeless shelters?

Gibson Company paid $12,000 on June 1, 2014 for a two-year insurance policy and recorded the entire amount as Insurance Expense. The December 31, 2014 adjusting entry is A. Debit Prepaid Insurance and credit Insurance Expense, $3,500 B. Debit Prepaid Insurance and credit Insurance Expense, $8,500 C. Debit Insurance Expense and credit Prepaid Insurance, $3,500 D. Debit Insurance Expense and credit Prepaid Insurance, $8,500

If the inflation rate is positive power is ?. This situation is reflected in the ? Rate of return on an investment, which will be ? The ? Rate of return

The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some disagreement as to whether the government should attempt to stabilize the economy. Which of the following are arguments in favor of active stabilization policy by the government?a. Shifts in aggregate demand are often the result of waves of pessimism or optimism among consumers and businesses.b. The current tax system acts as an automatic stabilizer.c. Businesses make investment plans many month in advance.d. The Fed can effectively respond to excessive pessimism by expanding the money supply and lowering interest rates.

**Answer:**

a. 2,800,000 shares

b. $49.50

**Explanation:**

a. Poison is a tactic used by a company threatened with an unwelcome takeover bid to make itself unattractive to the bidder

Shares that the unfriendly outside group must acquire for the poison pill to go into effect is

= 20% of 14,000,000 shares.

= 14,000,000 × 20%

= 2,800,000 shares

b. The new purchase price for the existing stockholders will be

=$66 × (1 - 0.25)

= $49.50

**Answer:**

The correct answer is letter **"D": national competitive advantage.**

**Explanation:**

American Professor **Michael Porter** (born in 1947) proposed the **National Competitive Advantage Theory** to give an idea of why some countries achieve success in determined industries compared to others. The theory, in other words, aims to explain nations' competitive advantage and the path to reach it.

Also known as **Porter's Diamond Model**, the factors Porter based his concept on are *firm strategies, structure and rivalry; related industries; demand conditions; *and*, factor conditions.*

**Answer:**

**14.17% **

**Explanation:**

Annual tax revenue = $600 billion

Allocation for healthcare = $35 billion

Allocation for education = $50 billion

total allocation for healthcare and education = ($35 + $50) billion = $85 billion

percentage of these two categories of government spending to the total revenue generated is,

85/600 x 100% = **14.17% **

The government **allocates** approximately 14.17% of its annual tax revenue to healthcare and education. This is calculated by dividing the sum of allocations to healthcare and education by the total tax revenue and then multiplying by 100 to convert that to a percentage.

To calculate the percentage of tax revenue allocated to **healthcare** and education by the government, we first need to add the amounts allocated to each of these sectors. In this case, $35 billion for healthcare plus $50 billion for education makes a total of $85 billion. Then, we divide this sum by the total revenue, which is $600 billion, and multiply the result by 100 to get the percentage.

So, the **calculation** will look like this:

(($85 billion / $600 billion) * 100) = 14.167%.

Therefore, the government allocates approximately **14.17%** of its annual **tax revenue** to **healthcare and education**.

#SPJ3

B) 200 valves/hr

C) 220 valves/hr

D) 880 valves/hr

E) 1760 valves/hr

**Answer:**

C) 220 valves/hr

**Explanation:**

Gibson Valves currently producing 1600 valves each 8-hour shift, then its current productivity is 200 valves per hour.

If the productivity is increased by 10%, it would then be 220 valves per hour =

200 *(1+10%)

The productivity after a 10% increase would be 1760 valves/hr.

To calculate the productivity after a 10% increase, we need to find 10% of the current productivity and add it to the current productivity. First, we need to calculate 10% of **1600 valves,** which is **160 valves**. Then we add this to the current productivity of 1600 valves to get the new productivity, which is **1760 valves.**

#SPJ3

Canliss Mining Company **borrowed** $41,006.

To find out how much Canliss Mining Company borrowed, we'll work step by step.

Future Value of $1 (FV): This factor calculates the future value of a present sum after a certain number of periods.

Given that the **annual installment **payments of $10,000 are not due for three years, we'll find the future value of this **annuity.**

The FV factor for 7% over three years is approximately 1.225.

So, the future value of the annuity is

**Present Value** of $1 (PV): This factor calculates the present value of a future sum. In this case, we want to find out how much the $12,250 due in three years is worth in present terms.

Using the PV factor for 7% over three years, we find it's approximately 0.816.

So, the present value is

This means that Canliss Mining Company borrowed approximately $10,002 from the local bank.

Learn more about **borrowed** here:

#SPJ3

**Answer:**

**Total expected cash collections for May are $24554**

**Explanation:**

The May's cash collections will include collections from March's credit sales worth 15% of March's sales, collections for April's credit sales worth 25% of April's credit sales and collections worth 55% of t=May's credit sales. Thus the collections are,

Collection for March's sales = 12764 * 0.15 = $1914.6

Collection for April's sales = 27406 * 0.25 = $6851.5

Collection for May's sales = 28706 * 0.55 = $15788.3

Total expected cash collections for May = 1914.6 + 6851.5 + 15788.3

Total expected cash collections for May = $24554.4 rounded off to $24554