A report by the Government ACcountability Office (GAO) shows that the GAO expect U.S. Postal Service to lose a record $7 billion at the end of this year, and if the busin model is not changed, the losses will total $241 billion by the end of year 10. If the lk increase uniformly over the 10-year period, determine the expected increase in los year. $111 billion $261.1
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- 22. A report by the Government Accountability Office (GAO) shows that the GAO expects the U.S. Postal Service to lose a record $7 billion at the end of this year, and if the business model is not changed, the losses will total $241 billion by the end of year 10. If the losses increase uniformly over the 10-year period, determine the equivalent uniform worth of the losses at an interest rate of 8% per year. A $107.7 billion $261.1 $26 billion D $111 billionBrown Corporation had average days of sales outstanding of 19 days in the most recent fi scal year. Brown wants to improve its credit policies and collection practices and decrease its collection period in the next fi scal year to match the industry average of 15 days. Credit sales in the most recent fi scal year were $300 million, and Brown expects credit sales to increase to $390 million in the next fi scal year. To achieve Brown’s goal of decreasing the collection period, the change in the average accounts receivable balance that must occur is closest to: C . –$1.22 million.Brown Corporation had average days of sales outstanding of 19 days in the most recent fi scal year. Brown wants to improve its credit policies and collection practices and decrease its collection period in the next fi scal year to match the industry average of 15 days. Credit sales in the most recent fi scal year were $300 million, and Brown expects credit sales to increase to $390 million in the next fi scal year. To achieve Brown’s goal of decreasing the collection period, the change in the average accounts receivable balance that must occur is closest to: A . +$0.41 million.
- Brown Corporation had average days of sales outstanding of 19 days in the most recent fi scal year. Brown wants to improve its credit policies and collection practices and decrease its collection period in the next fi scal year to match the industry average of 15 days. Credit sales in the most recent fi scal year were $300 million, and Brown expects credit sales to increase to $390 million in the next fi scal year. To achieve Brown’s goal of decreasing the collection period, the change in the average accounts receivable balance that must occur is closest to: B . –$0.41 million.Because of COVID 19 pandemic, inflation rate have increased significantly. Evidently, the budget for the maintenance of an extruding machine for tire production have fluctuating budget over its economic life. During each of the six years P1,500 per year will be budgeted. During the second six years the annual budget will be P1,800 per year. In addition, P5,500 will be budgeted for an overhaul at the end of tenth year. The owner would like to compute for the equivalent uniform annual expenditures assuming compound interest at 6% per annum. Compute the equivalent uniform annual expenditures for the 12 years period.The company manager targets to reduce the current ratio in the year (2020) by 33% from the previous year (2019), this requiring to downsize the amount of the total current asset. To what level can the manager reduce the total current asset to achieve this target at (2020)? Data of 2019 Total Asset Turnover 2 Times Net Fixed Asset 400 (Thousand OMR) Total Liabilities 400 (Thousand OMR) Sales 2000 (Thousand OMR) Quick Ratio 1.5 Times Accounts Receivable 150 (Thousand OMR) Long-term Liabilities 200 (Thousand OMR)
- 8. The net profit this year is decreased by 10% due to the pandemic. How much was the net profit last year if the company reported a net profit of ₱90,000 this year?In November 2007, for example, General Motors (GM) announced that it would take a write-off of about $39 billion, meaning that it was reducing net income for the third quarter of the year by that amount. Discuss why General Motors’ stockholders probably didn’t suffer as a result of the reported loss. What do you think was the basis for our conclusion?The final tally is in: This year’s operating costs were down $100,000, a decrease directly attributable to the $520,000 investment in the automated materials handling system put in place at the beginning of the year. If this level of annual savings continues for five more years, resulting in six total years of annual savings, what compounded annual rate of return will that represent? If these annual savings continue for nine more years, what compounded annual rate of return will that represent? (You may ignore income taxes.)
- (a) faced tough situation to sustain their financial cash flow. During the first quarter of 2021, the revenue of Denai Holdings has decreased tremendously, therefore, the company decided to have a board meeting in next month. The following is a projected sales of Denai Holdings for the third and fourth quarter of 2021: The global economic has been affected by Covid19 pandemic and the businesses Month Sales (RM) 1,500,000 August September 1,600,000 1,650,000 1,630,000 2,109,000 October November December Additional information: (1) The company is able to makes 20 percent cash sale, 50 percent will be collected in the month following sales and 30 percent will be collected in the second month following sales. (ii) Every end of quarter, the firm will receive a dividend of RM2,850 from investment in property. (iii) Purchases are 60 percent of sales. 42 percent of purchases are paid one month before the sales occur and the remaining balance paid in the following month. (iv) The company pays…In anticipation of increases in El premiums (payroll taxes) due to the pandemic the Canadian Federation for Independent Business (CFIB), an association that represents small business owners, released a report last year indicating that "business owners are worried that funding any new programs, or making the El system more generous, will add significant costs in the form of El premium increases, especially as they continue to pay 1.4 times the employee rate." The report indicates that eighty-four per cent of small business owners want to see El premiums split 50 : 50 between employers and employees. Comment on the CFIB's concerns in this regard. Are the CFIB's con- cerns justified? Will a move to split El premiums 50 : 50 help small business owners? What considerations are relevant in this regard?An investment services company experienced dramatic growth in the last two decades. The following models for the company's revenue R and expenses or costs C (both in millions of dollars) are functions of the years past 1990. R(t) = 21.4e0.131t and C(t) = 18.6e0.131t (a) Use the models to predict the company's profit In 2021. (Round your answer to one decimal place.) $ 43.8 million (b) How long before the profit found in part (a) is predicted to double? (Round your answer to the nearest whole number.) years after 1990 Enter a number.