What are the three major objectives of operational budgeting

Assignment Help Financial Management
Reference no: EM131354322

1. What are the three major objectives of operational budgeting in Microsoft Coorporation?

2. Briefly describe the type of human behavior problems that might arise if budget goals are set too tightly or too loosely.

Reference no: EM131354322

Questions Cloud

Both bonds have the same yield : Exactly four years ago, AAA Corporation issued 20-year bonds with a $1,000 face value. These bonds pay $65 in coupon payment every six months. The bonds currently sell for $1,020.  If both bonds have the same yield (market interest rate), how many ne..
What is the annualized yield to maturity of the bond : Bounty Inc. has outstanding a fixed coupon, $1,000 par value bond with 15 years remaining until maturity. The bond makes semi-annual coupon payments and the annual coupon rate is 7 percent. If the bond currently sells at a price of $825 per bond, wha..
The interest rate and the price of this callable bond : Suppose an 8% coupon, 30 year bond but this bond is callable in 10 years at a call price of $1,100. What is the Yield to Call? What is the relation between the interest rate and the price of this callable bond?
Compute the amortization of premium : Compute the amortization of premium in the 17th payment for a 1000 par value 20 -year bond with semi-annually coupons of 60 and a yield of 10% compounded semi-annually.
What are the three major objectives of operational budgeting : What are the three major objectives of operational budgeting in Microsoft Coorporation? Briefly describe the type of human behavior problems that might arise if budget goals are set too tightly or too loosely.
Why do stock markets produce bubbles and busts : How did finance become the realm of the masters of the universe? Why do stock markets produce bubbles and busts? What if mortgages are bundled together and sold off to the highest bidder?
Capital structure-based on current market values : Capital Co. has a capital structure, based on current market values, that consists of 28 percent debt, 2 percent preferred stock, and 70 percent common stock. If the returns required by investors are 8 percent, 10 percent, and 15 percent for the debt..
What uniform series of cash flows is equivalent : What uniform series of cash flows is equivalent to a $150,000 cash flow occurring today if the uniform series of cash flow occur at the end of each month for the next 15 years and the periodic interest rate is 0.62% compounded annually?
The beginning mortgage balance for the month : Calculate the SMM and prepayment for month 20 for a 30-year loan if the prepayment rate is 100 PSA, the beginning mortgage balance for the month is $87,000 and the scheduled principal payment is $900.

Reviews

Write a Review

Financial Management Questions & Answers

  More information is needed to determine the portfolio beta

Portfolio P has $200,000 consisting of $100,000 invested in Stock A and $100,000 in Stock B. Stock A has a beta of 1.2 and a standard deviation of 20%. Stock B has a beta of 0.8 and a standard deviation of 25%. Portfolio P has a standard deviation of..

  When will the efficiency costs of the tax be greater

Suppose that the government of Michconsin imposes a tax on cheese curd production. - When will the efficiency costs of the tax be greater-in the short run or in the long run-and why?

  What is the combined interest cost of financing package

A borrower is considering the following loan package for a $400,000 home purchase: What is the combined interest cost (effective cost) of this financing package?

  What is the beta of your portfolio

You own $13,920 of Olympic Steel stock that has a beta of 3.11. You also own $16,820 of Rent-a-Center (beta = 1.68) and $27,260 of Lincoln Educational (beta = 0.72). What is the beta of your portfolio?

  Steak dinners will be produced and sold

Bubba's Steakhouse has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold: Materials, $4,080; hourly labor (variable), $5,200; rent (fixed), $1,690; depreciation, $740; and other fixed costs, $430. Each st..

  By the capitalization-of-cash flows method

By the capitalization-of-cash flows method, the value of an asset is a function of

  Determine the playback and irr-npv

A college student spends $12,000 (end of the year) in year 1, 15,000 in year 2, 16,000 in year 3, and 18,000 in year 4 in order to acquire a college degree. The increase in potential salary (compared to a high school graduate) is expected to be 500 a..

  Find the price of the option-risk free interest rate

XYZ Stock is selling for $60. It can either rise by 10% or fall by 10% during the period. Find the hedge ratio if a call option has an exercise price of $60. Find the price of the option if the risk free interest rate is 5%.

  Invested in the risky asset and the risk-free asset

You invest $100 in a risky asset with an expected rate of return of 0.12 and a standard deviation of 0.15 and a T-bill with a rate ofretum of 0.05. What percentages of your money must be invested in the risky asset and the risk-free asset, respective..

  About the cash flow

A project has the following cash flows: Year Cash Flow 0 $ 42,500 1 – 21,500 2 – 32,500 What is the IRR for this project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) IRR % What is..

  Information technology in health care and public health

Why has implementation of information technology in health care and public health been so slow in comparison to other industries? Discuss the relative importance of factors such as ?nancial incentives or disincentives, organizational culture, complex..

  Should require maintenance costs

A forklift will last for only 3 more years. It costs $6,400 a year to maintain. For $19,000 you can buy a new lift that can last for 10 years and should require maintenance costs of only $3,400 a year. Should you replace the forklift if the cost of c..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd