Can you please check my two homework assignments.

Thank in advance.

Mentha Company currently has the following statistics: Days in inventory - 80 Days in accounts receivable - 68 What is Mentha's operating cycle? 80 days. 68 days. 148 days. Cannot be determined from the information given. Benefits derived from budgeting do not include: Improved relationship with shareholders. Enhanced management responsibilities. Improved coordination of activities. Enhanced performance evaluations. A budget that adds a new month when the current month ends is called a: 0 Capital budget. Master budget. Rolling budget. There is no such budget When budgeted amounts are set at reasonable and achievable levels: They reflect a "total quality management" philosophy of management. A highly efficient department should fall slightly short of budget standards. Meeting the budgeted amounts ensures a maximum level of profitability. Failure to stay within the budget is viewed as an unacceptable level of performance. The master budget may be comprised of: The production budget. The current period income statement. The current period balance sheet. The current period statement of cash flows. Which of the following is not considered an operating budget? Manufacturing cost budget. Production schedule. Capital expenditures budget. Sales forecast Which of the following is a major component of a master budget? A production throughput schedule. A machinery maintenance schedule. A cash budget. An employee training budget. Preparation of a budgeted income statement does not require: Estimates of cost of goods sold. Estimates of the timing of cash receipts and payments. Preparation of sales forecast. Anticipation of operating expenses. The Lastrom Company provided the following information regarding its operations: 2014 Total assets $750,000 2015 Total assets $800,000 2014 Net operating income $1,875,000 2015 Net operating income $1,925,000 2014 Net sales $4,525,000 2015 Net sales $5,100,000 What is Lastrom's ROI for the year ending 2015? 2.48%. 2.72%. 2.40%. 2.50%. The return on investment is calculated by: Multiplying the capital turnover by the return on sales. Dividing the capital turnover by the return on sales. Dividing average invested capital by sales. Multiplying operating income by capital turnover. 0 The following information regarding Mahen, Inc. is available: Refer to the information above. What is the return on investment for Mahen, Inc.? 5%. 6%. 10%. 20%. 0 Refer to the information above. What is the return on sales for Mahen, Inc.? 5%. 6%. 10%. 20%. 0 Refer to the information above. What is the capital turnover for Mahen, Inc.? 166%. 5%. 10%. 60%. The following information regarding Brookes, Inc. is available: Refer to the information above. What is the return on investment for Brookes, Inc. (round your answer to the nearest full percentage point)? 70%. 19%. 13%. 9%. 0 Refer to the information above. What is the return on sales for Brookes, Inc. (round your answer to the nearest full percentage point)? 13%. 19%. 9%. 70%. Refer to the information above. What is the capital turnover for Brookes, Inc. (round your 0 answer to the nearest full percentage point)? 38%. 54%. 70%. 86%. If you invested $10,000 at 6% on your 20th birthday how much would you have on your 40th birthday? $32,071.40. $31,180.00. $36,785.59. $12,158.12. How much must I invest today in order to have $25,000 in 5 years assuming 12% interest compounded annually? $14,185.75. $15,888.00. $18,681.50. $17.624.00. The difference between the present value and the future value of a sum of money depends upon: The rate of interest. The length of time. The rate of interest and the length of time. Neither the rate of interest nor the length of time. Judy Bright has just won the lottery. She can elect to receive her winnings in equal payments of $200,000 a year for the next ten years on December 31 or to receive $2,000,000 immediately. If the current interest rate is 6%, which choice will provide the highest amount: Receiving $2,000,000 immediately. Taking equal payments for 10 years. It does not matter since either choice provides the same amount. Refusing to accept the winnings since it is not enough Anthony Driver wants to buy a new car in 4 years. He knows that he can earn 6% interest compounded semiannually. How much must he deposit now in order to have $26,000 at the end of 4 years? $21,390.20. $20,524.66. $38,413.96. $31.603.26. Financial instruments are recorded at: Future values. Present values plus interest. Present values less interest. Present values. Joe Notsosmart invested $10,000 at 8% simple interest for 5 years. How much more would he have received if he had received compound interest annually at the same rate? $4,000. $4,693. $693. $400. If you receive $20,000 as a gift and invest it at 12% compounded quarterly, how much will you have at the end of three years? $32,020.60. $28,515.20. $22,497.20. $14,027.60 0 0