Answer:
Future value = $5912.87
Explanation:
Below is the calculation:
Interest rate = 4.7%
Present value of deposit = $4750
Time period, n = 5 years
Future value = Present value ( 1 + interest rate)^n
Future value = 4750 ( 1 + (4.7%/365)^5*365
Future value = 4750 (1 + 0.00012)^1825
Future value = $5912.87
You consider buying a share of stock at a price of $24. The stock is expected to pay a dividend of $1.32 next year, and your advisory service tells you that you can expect to sell the stock in 1 year for $27. The stock's beta is 0.6, rf is 10%, and E[rm] = 20%. What is the stock's abnormal return?
Answer:
2%
Explanation:
Actual return = [(Dividend + Capital gain) / Purchase price] * 100
= [($1.32 + $27 - $24) / $24] * 100
= 18%
Expected return = rf + Beta*(E(rm) - rf)
= 10% + 0.6*(20% - 10%)
= 16%
Abnormal return = Actual return - Expected return
Abnormal return = 18% - 16%
Abnormal return = 2%
If the reserve requirement was 13% and a bank customer makes a deposit of $440 at the Springfield Bank, the initial result would be: Group of answer choices
Answer:
O a $382.8 increase in excess reserves and a $57.2 increase in required reserves.
Explanation:
Here is the complete question :
If the reserve requirement was 13% and a bank customer makes a deposit of $440 at the Springfield Bank, the initial result would be:
O a $57.2 increase in excess reserves and a $382.8 increase in required reserves.
O a $382.8 increase in excess reserves and a $57.2 increase in required reserves.
O a $57.2 increase in required reserves and a $2,944.6 increase in excess reserves.
O a $440 increase in required reserves and a $2.944.6 increase in excess reserves.
Reserves is the total amount of a bank's deposit that is not given out as loans
There are two types of reserves
Required reserveExcess reserveRequired reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Required reserves = reserve requirement x deposits
0.13 x $440 = $57.20
Excess reserves is the difference between reserves and required reserves
$440 - $57.20 = $382.80
The estimated beta for RDG is 0.74. The risk free rate of return is 4 percent and the Equity Risk Premium is 5 percent. What is the required rate of return for RDG using the CAPM
Answer:
7.7%
Explanation:
Given :
Risk free rate of return = 4%
Risk premium = 5%
Estimated beta = 0.7
Using the CAPM relation :
The expected return = Risk free rate + (Risk premium * Estimated Beta)
Expected Return = 4% + (5% * 0.74)
Expected Return = 4% + 3.7%
Expected Return = 7.7%
In a Harvard print journal and ejournal article references for a reference list, which elements, if any, are placed in round brackets?
Author and journal title.
Author and issue number.
Year of publication and issue number, if there is one.
Article title and year of publication.
Answer: Year of publication and issue number, if there is one.
Explanation:
There are quite a number of referencing style conventions available in the world today with some of the most prominent being the APA style, MLA and the Chicago style.
Harvard has its own referencing style that may not be as popular as the above but is very well known nonetheless. When referencing using the Harvard style and the year of publication and issue number needs to be included in a print or e-journal reference, it is to be placed in a round bracket. If there isn't any then there is no need.
Eve shops at Mrs. G's Grocery because it is located right near her place of work. Although Mrs. G's prices are higher than Walmart's, Eve is willing to pay more because she can easily pick up groceries on her way home from work. The convenience Eve received was well worth the extra money; this is an example of _______.
Answer:
This question is incomplete, the options are missing. The options are the following:
a) Value.
b) Hedonic value.
c) Utilitarian value.
d) Perceived value.
And the correct answer is the option D: Perceived value.
Explanation:
To begin with, in the field of marketing the term known as "Perceived Value" refers to the type of value that the customer receives when comparing the product of the company with those of the competitors and seeing that he or she is willing to pay more for that product because of what the customer receives in exchange of it. In this case, Eve is willing to pay extra money due to the fact that she sees the convenience of close by store that allows her to not waste time and buy fast so that is a well example of perceived value.
The convenience that Eve received was well worth the extra money, hence, it is an example of Perceived value.
In marketing, a Perceived Value refers to the type of value that the customer receives when comparing the product of the company with those of the competitors.
Hence, the convenience that Eve received was well worth the extra money, hence, it is an example of Perceived value.
Read more about Perceived value
brainly.com/question/5945636
Vista Company installed a standard cost system on January 1. Selected transactions for the month of January are as follows.
1. Purchased 18,400 units of raw materials on account at a cost of $3.90 per unit. Standard cost was $3.80 per unit.
2. Issued 18,400 units of raw materials for jobs that required 18,100 standard units of raw materials.
3. Incurred 16,000 actual hours of direct labor at an actual rate of $4.10 per hour. The standard rate is $4.60 per hour. (Credit Factory Wages Payable).
4. Performed 16,000 hours of direct labor on jobs when standard hours were 16,190.
5. Applied overhead to jobs at the rate of 100% of direct labor cost for standard hours allowed.
Journalize the January transactions.
Answer:
1. Dr Raw Materials Inventory $69,920
Dr Materials Price Variance $1,840
Cr Accounts Payable $71,760
2. Dr Work in Process Inventory $68,780
Dr Materials Quantity Variance $1,140
Cr Raw Materials Inventory $69,920
3. Dr Factory Labor $73,600
Cr Labor Price Variance $8,000
Cr Factory Wages Payable $65,600
4. Dr Work in Process Inventory $74,474
Cr Labor Quantity Variance $874
Cr Factory Labor $73,600
5. Dr Work in Process Inventory $143,254
Cr Manufacturing Overhead $143,254
Explanation:
Preparation of the anuary transactions
1. Dr Raw Materials Inventory $69,920
(18,400*$3.80)
Dr Materials Price Variance $1,840 [18,400 x ($3.90 - $3.80)]
Cr Accounts Payable $71,760
($69,920+$1,840)
2. Dr Work in Process Inventory $68,780
(18,100*$3.80)
Dr Materials Quantity Variance $1,140 [$3.80 x (18,400 - 18,100)]
Cr Raw Materials Inventory $69,920
(18,400*$3.80)
3. Dr Factory Labor $73,600
($16,000*$4.60)
Cr Labor Price Variance $8,000
[16,000 x ($4.10 - $4.60)]
Cr Factory Wages Payable $65,600
(16,000*$4.10)
4. Dr Work in Process Inventory $74,474
(16,190*$4.60)
Cr Labor Quantity Variance $874 [$4.60 x (16,000 - 16,190)]
Cr Factory Labor $73,600
($8,000+$65,600)
5. Dr Work in Process Inventory $143,254
($68,780+$74,474)
Cr Manufacturing Overhead $143,254
Chin purchases five protein bars at a price of $3 each. The marginal benefit he receives from each bar is $5 for the first bar, $4.50 for the second bar, $4 for the third bar, $3.50 for the fourth bar, and $3 for the fifth bar. The marginal cost of producing the bars is $2 each. What is Chin's total consumer surplus from the five bars that he purchased
Answer:
$5
Explanation:
To open and operate Boo! City, a Halloween costume and paraphernalia shop, Dwayne and Erica form a business organization that combines the limited liability aspects of a corporation with the tax advantages of a partnership. Their form of business organization is
Answer:
a limited liability company.
Explanation:
From the question we are informed about To open and operate Boo! City, a Halloween costume and paraphernalia shop, Dwayne and Erica form a business organization that combines the limited liability aspects of a corporation with the tax advantages of a partnership. In this case, Their form of business organization is limited liability company.limited liability company can be regarded as business structure in which owners are not personally liable as regards to debts or liabilities of the company.It is hybrid entities with features of corporation and partnership as well as sole proprietorship.
A pharmaceutical company with headquarters in India sells fluconazole, the generic version of Pfizer's anti-fungal drug Diflucan internationally for significantly less money than many U.S. generic drug manufacturers. The generic drugs industry in this country needs to rethink its
Answer:
Pricing strategy to stay competitive
Explanation:
Pricing strategy is the process by which a company sets prices of goods and services offered to a consumer.
In setting up a price strategy the management.of a business need to put into consideration the competitive reaction, pricing position, pricing segment, and pricing capability.
The generic drugs companies in the US are selling fluconazole for a higher price than pharmaceutical company with headquarters in India in the international market.
In order for them to stay competitive they will need to review their price downward or customers will switch to the cheaper option
January 2, 2018, Cullumber, Inc. purchased a patent for a new consumer product for $810000. At the time of purchase, the patent was valid for 15 years; however, the patent’s useful life was estimated to be only 10 years due to the competitive nature of the product. On December 31, 2021, the product was permanently withdrawn from the market under governmental order because of a potential health hazard in the product. What amount should Cullumber charge against income during 2021, assuming amortization is recorded at the end of each year?
Answer:
Cullumber, Inc.
The amount that Cullumber should charge against income during 2021 is:
= $567,000.
Explanation:
a) Data and Calculations:
Cost of a purchased patent = $810,000
Estimated useful life = 10 years
Annual amortization expense = $81,000
Accumulated amortization for 3 years = $243,000 ($81,000 * 3)
Book value of patent on December 31, 2021 = $567,000 ($810,000 - $243,000)
The remaining book value should be charged against income in 2021 because of the withdrawal of the product.
true or false
2. Determining the producers preferences of products are
important when thinking of starting a business.
Explanation:
The answer is True!!!!!!!
The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. 20Y3 20Y2 20Y1 Accounts receivable, end of year $710,000 $630,000 $565,000 Sales on account 5,691,000 4,628,500 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet For 20Y2 and 20Y3, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Assume a 365-day year. Do not round intermediate calculations. Round your answers to one decimal place. 20Y3 20Y2 1. Accounts receivable turnover fill in the blank 2 fill in the blank 3 2. Number of days' sales in receivables fill in the blank 4 days fill in the blank 5 days The collection of accounts receivable has . This can be seen in both the in accounts receivable turnover and the in the collection period.
Answer:
Sigmon Inc.
1. Accounts receivable turnover = Sales/Average accounts receivable
20Y3 = 8.49x
20Y2 = 7.75x
2. Number of days sales in receivables = 365/Accounts receivable turnover
20Y3 = 43 days
20y2 = 47.1 days
3. The collection of accounts receivable has improved from 47.1 days to 43 days. This can be seen in both the in accounts receivable turnover and the in the collection period.
Explanation:
a) Data and Calculations:
Terms of all sales are 2/10, n/45
20Y3 20Y2 20Y1
Accounts receivable, end of year $710,000 $630,000 $565,000
Sales on account 5,691,000 4,628,500
Average accounts receivable 670,000 597,500
1. Accounts receivable turnover = Sales/Average accounts receivable
20Y3 = 8.49x ($5,691,000/$670,000)
20Y2 = 7.75x ($4,628,500/$597,500)
2. Number of days sales in receivables = 365/Accounts receivable turnover
20Y3 = 43 days (365/8.49)
20y2 = 47.1 days (365/7.75)
Please answer the question posted in the attached image
Answer:
80
Explanation:
Years = 20
Compounding month = 4 (quarterly)
N is the number of compounding factors = 20 years * 4 periods per year = 80. So, the value of n in the F/A factor (for determining F/A factor the end of the 20 year period) is 80.
Help please Briefly explain how technology affects promotional strategies.
Answer: Technology has transformed marketing by making campaigns more personalized and immersive for people and creating ecosystems that are more integrated and targeted for marketers. And it's not just the interface between brands and people that have been transformed. ... 30% will prioritise technology over creativity.
Helen Ming receives a travel allowance of $120 each week from her company for time away from home. If this allowance is taxable and she has a 28 percent income tax rate, what amount will she have to pay in taxes for this employee benefit
Answer:
$1,747.2
Explanation:
Calculation to determine what amount will she have to pay in taxes for this employee benefit
First step is to determine the Annual travel allowance
Using this formula
Annual travel allowance=Weekly allowance × 52 weeks
Let plug in the formula
Annual travel allowance=$120 × 52 weeks
Annual travel allowance=$6,240
Now let determine the Annual tax
Using this formula
Annual tax=Annual travel allowance × Tax rate
Let plug in the formula
Annual tax=$6,240 × 0.28
Annual tax=$1,747.2
Therefore the amount that she will have to pay in taxes for this employee benefit is $1,747.2
true and false
4. Know the market trends of products that are in demand not
only within the local market but also in the international market.
Answer:
false
Explanation:
don't think so that s
is the answer
About 5% of hourly paid workers in a region earn the prevailing minimum wage or less. A grocery chain offers discount rates to companies that have at least 30 employees who earn the prevailing minimum wage or less. Complete parts (a) through (c) below.
a. Company A has 285 employees. What is the probability that Company A will get the discount? (Round to four decimal places as needed.)
b. Company B has 502 employees. What is the probability that Company B will get the discount? (Round to four decimal places as needed.)
c. Company C has 1033 employees. What is the probability that Company C will get the discount? (Round to four decimal places as needed.)
Answer:
a. 0.0000
b. 0.1841
c. 0.9992
Explanation:
a. n = 285
p = 5% = 0.05
μ = np = 285 x 0.05
= 14.25
we fnd the standard deviation
sd = √np(1-p)
= [tex]\sqrt{285*0.05*0.95}[/tex]
= 3.6793
we find the z score
x = 30-0.5 = 29.5
[tex]z=\frac{29.5-14.25}{3.6793} \\= 4.14[/tex]
using the microsoft excel function
1-NORMSDIST(4.14)
probability = 1 -0.999982
= 0.0000
b.
n = 502
p = 0.05
np = 502x0.05
= 25.1
sd = [tex]\sqrt{np(1-p)}[/tex]
= [tex]\sqrt{502*0.05*0.95} \\= 4.8831[/tex]
x = 29.5
[tex]z = \frac{29.5-25.1}{4.8831} \\= 0.90[/tex]
1 - NORMSDIST(0.90)
= 1 - 0.815939875
PROB = 0.1841
c. n = 1033
p = 0.05
np = 1033*0.05
= 51.65
sd [tex]\sqrt{np(1-p)} \\= \sqrt{1033*0.05*0.95}[/tex]
= 7.0048
x = 29.5
[tex]z=\frac{29.5-51.65}{7.0048} \\= -3.16[/tex]
probability =
1 - normsdist(-3.16)
= 1 - 0.000788846
= 0.9992
If a bank holds $450,000 in required reserves, and $1.8 million in total deposits, then the deposit expansion multiplier is:______.
a. 0.25
b. 2
c. 4
d. 5
e. 10
Answer:
4
Explanation:
A bank holds 450,000 in required reserves
The bank also hold 1,800,000 in total deposits
Therefore the deposits expansion multiplier can be calculated as follows
= 1,800,000/450,000
= 4
Hence the deposits expansion multiplier is 4
At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $366,000 and Total Liabilities of $28,300 and Total Paid-in capital of $113,200. During the year, the company reported total revenues of $435,000 and expenses of $336,500. Also, dividends during the year totaled $86,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be:
Answer:
I don't really know
Explanation:
I have absolutely no clue. good luck.
The December 31, 2016 balance sheet of Jensen Company showed Equipment of $76,000 and Accumulated Depreciation of $18,000. On January 1, 2017, the company decided that the equipment hasa remaining useful life of 6 years with a $4,000 salvage value. Compute the depreciable cost of the equipment. Depreciable cost Compute the revised annual depreciation.
Revised annual depreciations
Answer:
A. $54,000
B. $9,000
Explanation:
A. Computation for the depreciable cost of the equipment
Book value, 1/1/17 $58,000
($76,000 – $18,000)
Less salvage value $4,000
Depreciable cost $54,000
($58,000-$4,000)
Therefore the depreciable cost of the equipment is $54,000
B. Computation for the revised annual depreciation
Revised annual depreciation = $54,000÷6 years
Revised annual depreciation = $9,000
Therefore the revised annual depreciation is $9,000
Chester's balance sheet has $77,842,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also expecting to issue $4,000,000 in new stock. If there are no dividends paid what will beChester's book value
Answer:
$84,842,000
Explanation:
The book value is total assets less total liabilities
Book value = initial equity + equity issued + net income
$77,842,000 + $4,000,000 + $3,000,000 = $84,842,000
Weighted-average method, spoilage, equivalent units. (CMA, adapted)
Consider the following data for November 2017 from MacLean Manufacturing Company, which makes silk pennants and uses a process-costing system. All direct materials are added at the beginning of the process and conversion costs are added evenly during the process. Spoilage is detected upon inspection at the completion of the process. Spoiled units are disposed of at zero net disposal value MacLean Manufacturing Company uses the weighted-average method of process costing
Physical Units Direct Materials
Pennants
Work in process, November 1 1,350 $ 966
Started in November 2017 ?
Good units completed and transferred 8,800
out during November 2017
Normal spoilage 80
Abnormal spoilage 50
Work in process, November 30 1700
Total costs added during November 2017 $10,302
aDegree of completion: direct materials, 100%, conversion costs, 45%
bDegree of completion: direct materials, 100%, conversion costs, 35%
Compute equivalent units for direct materials and conversion costs.
Answer:
Equivalent Units: Materials = 10630
Equivalent Units : Conversion = 9525
Explanation:
MacLean Manufacturing Company
Weighted-Average Method
Process Costing
Particulars Units % Of Completion Equivalent Units
Materials Conversion Materials Conversion
Units completed
and transferred 8,800 100 100 8800 8800
Add
Ending Inventory 1700 100 35 1700 595
Normal Spoilage 80 100 100 80 80
Abnormal Spoilage 50 100 100 50 50
Equivalent Units 10630 9525
The weighted average method equivalent unit production implies that the units completed and the ending inventory completed plus any spoilage normal or abnormal is taken is accounted for.
The weighted average method EUP can also be determined by adding the beginning units and units started
The normal and abnormal spoilage are taken 100 % because all the spoilage is evident once the goods are completed.
Gibson Electronics identifies licensees in various countries who produce and sell the company's products in their countries in return for a royalty fee on every unit sold. Gibson Electronics’ approach is risky because of the problems associated with:_______
a. increased production costs.
b. doing business in a different culture where the rules of the game may be very different.
c. an increase in transportation costs, especially for those products that have a low value-to-weight ratio.
d. the possibility of an increase in trade barriers such as import tariffs or quotas.
e. sharing valuable technological know-how with a potential competitor.
Answer:
E) sharing valuable technological know-how with a potential competitor.
Explanation:
From the question we are informed about Gibson Electronics who identifies licensees in various countries who produce and sell the company's products in their countries in return for a royalty fee on every unit sold. Gibson Electronics’ approach is risky because of the problems associated with sharing valuable technological know-how with a potential competitor. Technological know-how in organization can be regarded as sets of knowledge as well as skills which is developed by that participants and is used to guide the acquisition as well as creation, and operation of computer-based systems which gives enablements or brings about facilitation of the performance of business processes, sharing this with competitors in business could be dangerous potential competitors can embrace it to move their business forward which will affect the owner of the Technological know how Businesses in the market.
A major U.S. manufacturer of children's toys believes its main competitive advantage lies in its continuing the creation of innovative toys and games. The company is facing increasing competition on price, and it is strongly considering outsourcing to offshore firms as a means of reducing costs. The LAST function this firm should consider outsourcing is: Group of answer choices research and development. operations. supply-chain management. distribution.
Answer:
research and development
Explanation:
Since in the given situation, it is mentioned that the company faced the increased in the competition and also it considered an outsourcing in order to offshore the firm so that the cost can be minimized so here the last function the firm should considered outsourcing is the research and development as there is the outsourcing so there would be the research and development also it deals with innovation & introduction of new products & services
Rate of Return if State Occurs Stock State of Economy Probability of State of Economy Stock A Stock B C Boom
Answer:
mmmmmmmmmmmmmmmmmmm?
stock a has an expected return of 20 and stock b has an expected return of 5. what is the expected return on a portfolio this comprised of 67^ of stock a and 33% stoc k b
Answer:
15.05%
Explanation:
Calculation to determine the expected return on a portfolio
Using this formula
Expected return = (Return on stock A * Percentage invested in stock A) + ( Return on Stock B * Percentage invested in Stock B)
Let plug in the formula
Expected return= (20% * 67%) + (5% * 33%)
Expected return= 13.4% + 1.65%
Expected return= 15.05%
Therefore the expected return on a portfolio is 15.05%
Which of the following items is an implicit transaction? Recognizing a gain on the sale of equipment Recording payment of monthly interest on loan Recognizing impairment on an intangible asset Recognizing deferred revenue through delivery of goods
Answer:
The correct answer is the second option: Recording payment of monthly interest on loan.
Explanation:
To begin with, the term known as "implicit transaction" in the field of business management and accounting refers specifically to the situation where the "transaction" was not intended in the first place as a directly situation to get, therefore that it is said to be an opportunity cost that happens when the company uses another resources in order to do another activities. For example the situation where the monthly interest on the loan is paid back to the company.
What is the importance of computer applications in the business domain? How Computer applications support businesses to work ubiquitously? Give valid reasoning with examples.
Answer:
Explanation:
The importance of computer applications in the business domain is that it allows for the automatization of daily tasks. This is also the reason why businesses that implement such applications are able to work ubiquitously. The software applications are designed to automate all of the tasks that the business needs and perform them quickly and efficiently, if a certain task is not able to be automated then the software still makes completing the task by only requiring user input for the absolutely necessary parts of the task. One example of this would be a logistics application for businesses where inventory is automatically calculated as sales go through and automatically replenished by sending inventory requests to suppliers.
Assume the total cost of a college education will be $184,061 when your child enters college in 19 years. You presently have $49,327 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Enter answer as 3 decimal places (e.g. 0.123)
Answer:
Interest rate = 0.9313
Explanation:
Future value or the cost of edcuation after 19 years = $184061
Present value, money in hand at present = $49327
Time period, n = 19
Future value = Present value (1 + r)²
184061 = 49327 (1 + r )²
(1 + r )² = 184061 ÷ 49327
(1 + r )² = 3.73
(1 + r) = √3.73
(1 + r) = 1.9313
r = 1.9313 - 1
r = 0.9313
Or Interest rate = 0.9313
What will appear under a misspelled word in Word Online?
An arrow
A zigzag line
An exclamation point
A bold line
Answer:
A red Zigzag line
Explanation:
I think
A zigzag line
Explanation: