Finance Answers

1. There is a fruit seller who has 30 Kgs of apples to be sold and he wants to fix a price so that all the apples are sold. There are three customers in the market and their individual demand functions are given below:
D1=25-.05P
D2=20-.025P
D3=15-.075P
Where D is the demand and P is the price

what are the importance of agriculture finance and describe 5 of them?

The six month and one-year rates are 3% and 4% per annum with semi-annual compounding. Is 3.90% or 3.95% or 3.99% closest to the one-year par yield expressed with semi-annual compounding?

1. A client wants to claim $300 for work-related expenses and says they might not have spent that amount but because the client has been told that it does not need to be substantiated they will still make the claim. What advice would you provide?

2. Calculate the medical expenses offset for a client who has a total of medical expenses of $5,500 for the financial year. The taxpayer has private medical insurance and received $2,200 in refunds.

3. Tax agents have a responsibility to ensure that their clients’ returns are prepared within the established timelines. What role do timelines have in satisfying client expectations and how would you develop a timeline to fulfil your obligations?

8. The particular models of Glucometer test strips have an invoice price of $42.75 per unit, we have decided to sell each unit of test strips for $78.42.

What is the Markup

Star Company paid $5 per share dividend a week ago. General expectation is that the dividend would grow at 8% per year indefinitely.
a) What is the expected dividend next year?
b) If an investor requires 12%, what would be the price of the share?

describe the four accounts in the variance report. what can be done about the entertainment expense account?

How is internal competition between projects/departments competing for funding allocated and what role does the budgeted statement of financial performance play?

1. The CEO is trying to manage the level of motor vehicle costs which are putting pressure on the business. you have completed next year's master budget including motor vehicle expenses. What management controls would you suggest in your notes accompanying the master budget for approval?

2. The CEO has asked for your input into establishing budget timelines. briefly explain how you can use the concept of a budget calendar in describing reporting timelines to reply to the CEO?

The business Challenger Co. is expanding. The marketing manager advises the junior accountant that a new sales region will double the revenue assumption and that there are no foreseeable expenditures. What is the significance of the revenue assumption to completing the sales forecast? What steps should the junior accountant take in preparing the assumption for the sales forecast?