Answer: $49.87
Explanation:
Based on the information given,
D1 = $4 × (100% + 21%) = $4 × 1.21 = $4.84
D2 = $4.84 × 1.21 = $5.8564
Value after year 2 will be:
= (D2 × Growth rate) / (Discount rate -Growth rate)
= ($5.8564 × 1.04) / (0.14 - 0.04)
= $6.09/0.1
= $60.9
Then, the current share price will be:
= 4.84/1.14 + 5.8564/1.14² + 60.9/1.14³
= 4.25 + 4.51 + 41.11
= $49.87
In response to dwindling sales of organic meats, Hain Celestial executives decided to promote the sale of organically grown nuts as an alternative source of protein, which is an excellent example of a firm's:
Answer:
Product substitute
Explanation:
Product substitute is defined as one that meets similar needs of the consumer. As demand for one of such goods rises the demand of the other tends to fall as the meet similar needs.
In the given scenario organic meats are seen as being substituted by organically grown nuts as a source of protein.
So when Hain Celestial has dwindling sales of organic meats they were considering organically grown nuts as a different product to give to customers
Which one of the following statements is correct with respect to coinsurance used with commercial insurance policies? A. The rates ordinarily used for insuring buildings and personal property are calculated with the assumption that they will be used with a 100 percent coinsurance clause. B. When a policy requires a coinsurance percentage higher than 80 percent, the 80 percent coinsurance rate remains the same. C. When the coinsurance requirement is less than 80 percent, the rate is decreased. D. The 80 percent coinsurance rate is reduced when a policy requires a higher coinsurance percentage.
Answer:
D. The 80 percent coinsurance rate is reduced when a policy requires a higher coinsurance percentage.
Explanation:
Coinsurance is the amount which is fixed cost payable by the insurance seeker in order to provide claim against the risk. The coinsurance rate is decided based on the risk nature. If the risk is high the coinsurance rate will be higher so that insurance coverage is maximum.
Assume that the Fed increases the money supply when there is substantial unemployment in the economy. According to the quantity theory of money, if velocity is constant, then:
Answer:
Nominal GDP will increase.
Explanation:
i am meeting my new team, which I will directly supervise for the first time. I introduce myself and jump right into the agenda items for the jobs each team member will be assigned. I am using ______.
On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $46,500 and $1,550, respectively. During 2022, Coolwear wrote off $550 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,700 at December 31, 2022. Bad debt expense for 2022 would be:
Answer:
$4,700
Explanation:
Calculation to determine what the Bad debt expense for 2022 would be:
Using this formula
2022 Bad debt Expense =Allowance for uncollectible accounts-(Balance in Allowance for Uncollectible Accounts -Accounts receivable written off)
Let plug in the formula
2022 Bad debt Expense$5,700-($1,550-$550)
2022 Bad debt Expense=$5,700-$1,000
2022 Bad debt Expense=$4,700
Therefore Bad debt expense for 2022 would be:$4,700
An order taker at a producer of bed linens receives an order from a retailer for
6,500 pillows to be shipped to the retailer's warehouse. The retailer will pay
for shipping. Which channel member is most likely to set requirements for
routing?
A. The retailer
OO
B. The producer
C. The wholesaler
D. The consumer
Answer: The retailer
Explanation:Ape
Corporations whose stock is traded in a public market must report earnings per share on their a.balance sheet. b.statement of stockholders' equity. c.Earnings per share is not reported on the financial statements. d.income statement.
Answer:
d.income statement.
Explanation:
A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.
This ultimately implies that, a corporation is a corporate organization that owns or controls its business in two or more countries.
One of the advantage of a corporation is that, owners have limited liability for debt to the extent to which they have invested and as such are not personally liable for some of debt owed by corporation.
Generally, it is considered to be one of the most complicated and expensive type of organization. Generally, a corporation is considered to be perpetual in nature and it is a body that comprises of a group of people such as directors, shareholders etc., who act as a single entity. Also, corporations can be sold through stocks or shares, as a public entity.
A corporation that its stock is being traded in a public market is required to report earnings per share on their income statement.
Help please!! I’ll give Brainliest!
2. Give two reasons that a business might not be able to stick to its budget. Then recommend one strategy to address the reasons you provided.
Answer:
1.You’re unrealistic. We all want to be able to have unlimited amounts of money.
2. You think budgeting is too complicated. Don’t be scared. Budgets are fun!
Explanation:
Strategy: Take it slow and go with the flow don't get so excited about the fact of making money.
Answer:
1.You’re unrealistic. We all want to be able to have unlimited amounts of money.
2. You think budgeting is too complicated. Don’t be scared. Budgets are fun!
(Strategy: Take it slow and go with the flow don't get so excited about the fact of making money.)
Credit goes to marilynnargi!
A very large company would be most likely to have a(n) ___ at the ahead of its accounting department.
A. Executive vice president
B. Controller
C. Chief financial officer
D. Accounting manager
A very large company would be most likely to have a Chief financial officer as the head of its accounting department.
The Chief Financial Officer (CFO) would most likely be in charge of the accounting division of a very large corporation. A company's Chief Financial Officer (CFO) is in charge of all financial operations, including accounting, budgeting, financial reporting, and forecasting. The day-to-day accounting activities of a corporation are managed by the controller, who holds a mid-level role. The basic duties of the accounting manager include leading a group of accountants and supervising the creation of financial statements and reports. Even though the executive vice president may be in charge of the entire organization, they could not have specific knowledge of accounting and finance.
A Chief Financial Officer (CFO) is a senior executive accountable for directing the financial actions of a firm. Monitoring cash flow, assessing the firm's financial advantages and disadvantages, and creating strategies for financial expansion are all tasks assigned to the CFO. Also, they are in charge of supervising the creation of predictions and current financial reports. In conclusion, the CFO is essential to the efficient management of a company's finances.
To learn more about Chief Financial Officer, click below:
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PERSONAL FINANCE 10 POINTS// WILL GIVE BRAINLIEST
What is likely to be TRUE about making financial decisions as people get older?
A.
Financial decisions become bigger and more complex.
B.
Making decisions is easier as there are fewer risks involved.
C.
There are fewer major decisions to make.
D.
Financial situations will be simpler with fewer consequences.
Financial decisions become bigger and more complex.
Lake Incorporated purchased all of the outstanding stock of Huron Company paying $961,000 cash. Lake assumed all of the liabilities of Huron. Book values and fair values of acquired assets and liabilities were: Book Value Fair Value Current assets (net) $ 130,300 $ 124,700 Property, plant, equip. (net) 614,000 769,000 Liabilities 151,800 175,000 Lake would record goodwill of:
Answer:
$242,300
Explanation:
Goodwill = Purchase Price - Net Assets taken over at Fair Value
where,
Purchase Price = $961,000
Net Assets taken over at Fair Value = $ 124,700 + $769,000 - $175,000 = $718,700
therefore,
Goodwill = $961,000 - $718,700 = $242,300
conclusion :
Lake would record goodwill of $242,300
As a marketing term, __________ generally includes not only physical goods, but also services and ideas. Multiple Choice marketing invention merchandise product concept
Answer:
product
Explanation:
The product is an item that the company offer to its customer for buying the product. It is not only the goods that to be kept physically but it also consist of the services and ideas so that it become differentiate with the competitor. The product can be differentiate in terms of cost, quality, quantity, presentable form via having the innovative ideas
So, the 2nd last option is correct
Brett wants to sell throw blankets for the holiday season at a local flea market. Brett purchases the throws for $15 and sells them to his customers for $35. The rental space is fixed fee of $1,500 for the season. Assume there is no leftover value for unsold units. If he orders 200 and demand is 150, what is the payoff
Answer:
$750
Explanation:
Total cost for Brett = Rental cost + Buying cost for 200 throws
Total cost for Brett = $1,500 + ($15*200)
Total cost for Brett = $1,500 + $3,000
Total cost for Brett = $4,500
Total income for Brett = Demand * Selling cost
Total income for Brett = 150 * $35
Total income for Brett = $5,250
Payoff = Income - Cost
Payoff = $5,250 - $4,500
Payoff = $750
Martindale Company, a 100% owned subsidiary of Weisman Corporation, sells inventory to Weisman at a 20% profit on selling price. The following data are available pertaining to inter-company purchases by Weisman: Inter-company sales: Unsold at year end (based on selling price): 2020: $18,000 2020: $4,000 2021: $19,400 2021: $6,000 2022: $21,500 2022: $8,000 Martindale's profit numbers were $125,000, $142,000 and $265,000 for 2020, 2021, and 2022, respectively. Weisman received dividends from Martindale of $25,000 for 2020 and 2021, and $30,000 for 2022. Assume Weisman uses the equity method to account for its investment in Martindale. What is the balance in pre-consolidation Income (loss) from subsidiary for 2022
Answer:
$263,400
Explanation:
Calculation to determine the balance in pre-consolidation Income (loss) from subsidiary for 2022
Using this formula
2022 balance in pre-consolidation Income (loss) =2022 Profit -(2022 Selling Price* Selling price profit percentage)
2022 balance in pre-consolidation Income (loss) =$265,000-($8,000*20%)
2022 balance in pre-consolidation Income (loss)=$265,000-$1,600
2022 balance in pre-consolidation Income (loss)= $263,400
Therefore the balance in pre-consolidation Income (loss) from subsidiary for 2022 is $263,400
Consumers buy goods or services they want or need.
True
False
Answer:
True
Explanation:
Net income was $503,000 in 2020, $473,000 in 2021, and $521,000 in 2022. What is the percentage of change from (a) 2020 to 2021, and (b) from 2021 to 2022
Answer and Explanation:
The computation of the percentage of change is as follows;
a. For 2020 to 2021
= (Net income in 2021 - net income is 2020) ÷ (net income in 2020)
= ($473,000 - $503,000) ÷ ($503,000)
= -5.96% decrease
b .For 2021 to 2022
= (Net income in 2022 - net income is 2021) ÷ (net income in 2021)
= ($521,000 - $473,000) ÷ ($473,000)
= 10.15% increase
In this way it is calculated
An organization with customer-focused design with the inverted organization structure puts the empowered front-line workers at the top of the pyramid. A good example of this form of organization includes _____.
Answer:
tellers at JP Morgan Chase branches.
Explanation:
The organization i.e. customer focused along with it, it is inverted organization that empowered the front line workers at the upper level of the pyramid so this organization form represent the example of the tellers at the branches of JP Morgan chase where the same thing happen
So the same is to be considered
What is the relationship between task priority and task completion?
Select the single best answer:
A. Tasks given to you by your manager should always be completed first.
B. Intermediate-priority tasks should always be completed first.
C. The lower the task priority, the more important it is to complete it.
D. The higher the task priority, the more time it will take.
E. The higher the task priority, the more important it is to complete it.
Answer:
E
Explanation:
The higher the task priority the more important it is to complete it is the relationship between task priority and task completion. Common sense tbh. Hope dis helps doe.
A tax on a good Group of answer choices gives buyers an incentive to buy less of the good than they otherwise would buy. gives sellers an incentive to produce more of the good than they otherwise would produce. creates a benefit to the government, the size of which exceeds the loss in surplus to buyers and sellers. All of the above are correct.
Answer:
gives buyers an incentive to buy less of the good than they otherwise would buy
Explanation:
The tax on the product means that it provided the inventive to the buyer in the case when the buyer purchase less of the product as compared when they purchase in other way
So according to the given situation, the tax on a good fits to the first option only
Therefore only first option is correct
Hence, the other options seems incorrect
As a general construction contractor, WDF INC. contracted to renovate schools in New York City. WDF subcontracted with JLG Architectural Products, LLC to supply windows for the renovation. Under the subcontract, a company called East Coast Window Installers Inc. was designated to install the windows for the project. The subcontract provided that JLG Architectural Products and East Coast Window Installers would perform and complete the subcontract work together. The subcontract also specifically acknowledged that JLG Architectural Products proposed the work in partnership with East Coat Window Installers. After completion of the project, a dispute over payment and the quality of workmanship arose between the parties. WDT claimed that JLG Architectural Products and East Coast Window Installers should be jointly and severally liable for any liability found against either party, because the two were partners in the window installation project. Was WDF correct
Answer:
WDF Inc. is correct. From the fact that JLG Architectural Products and East Coast Window Installers Inc. were partners in the window installation subcontract, they should be jointly and severally held liable for any liability arising from the window installation project unless they have contrary agreements clearly differentiating their liabilities in the partnership.
Explanation:
WDF Inc. = main contractor
JLG Architectural Products = subcontractor and partner to East Coast
East Coast Window Installers Inc. = subcontractor and partner to JLG
JLG Architectural Products and East Coast Window Installers Inc have formed a partnership when they come together to form a business or execute a business transaction jointly. A joint venture is a kind of partnership.
Flipflops Inc. borrowed $4.4 million from its local bank on January 1, 2021, and issued a 4-year installment note to be paid in four equal payments at the end of each year. The payments include interest at the rate of 7%. Installment payments are $1,299,004 annually. What amount would be reported in the cash flow from operations section of the cash flow statement
Answer:
$308,000
Explanation:
On this note, only the Interest expense is recorded under cash flow from operations section of the cash flow statement.
Thus we need to determine the interest expense first :
Interest expense = $308,000 ($4.4 million x 7%)
Peter, Paul, and Mary go to an all-you-can-eat buffet. The normal entrance fee is $20, but Peter gets in free because it is his birthday and they have a special. Paul uses a coupon and only pays $10. Mary is the only one to pay the full $20. They are all equally hungry and have an equally large appetite. If they are all rational decision makers, the person who should eat the most is:
Answer:
mary
Explanation:
A rational consumer would consume up to the point that marginal benefit equal marginal cost
Mary paid $20. this means that she places a value of $20 on the meal.
Paul paid $10. this means that he places a value of $10 on the meal
The value Mary places is 20, so she places a higher value and she would consume the most
Peter enters free and thus there is no marginal cost attached to this decision. He should consume the least
When linking operations to business strategies, the order winner of the product imitator strategy, is _____ for the customer, whereas the order winner of the product innovator strategy is ______.
Answer:
The question is incomplete, the options are missing. The options are the following:
a) Flexibility; price
b) Flexibility; quality
c) Quality; price
d) Price; quality
e) Price; flexibility
And the correct answer is the option E: Price; flexibility.
Explanation:
To begin with, in the field of business management the term known as "product imitator strategy" refers to a type of technique or strategy used by the companies in the situation where the want to reproduce a product that is imitating the product of the leader company of the industry. It is a very common and used method in most of the industries due to the fact that it happens when many companies try to produce a product that is similar to the ones of Apple for example. And when it comes to this strategy the most important matter for the customer is the price while for the for the product innovator strategy is the flexibility of it.
Japan has been one of China's largest sources of imports, along with South Korea and the United States. Because there is still political enmity between China and Japan due to the Japanese occupation of parts of China during World War II, the best explanation for the present Japanese trade relationship with China is
Answer: c. geographical proximity
Explanation:
The Japanese and the Chinese have not been on the best of terms for centuries and this became worse in the 20th century with Japanese attacks on the Chinese and then after those ended with the second world war, Japan was and still is firmly in the U.S. camp which China does not appreciate.
This hasn't stopped Japan and China from trading however because they are so close to each other and so logistical benefits ensure that they are some of each others' biggest trading partners.
A division of Frank Clothiers had 36 openings for assistant store manager last year. As part of their voluntary affirmative action plan, they filled the vacancies with 16 African-Americans, 10 Hispanics, and 10 Whites. The selection process was a multiple-hurdle approach which began with an application form and a test of basic verbal and math skills called the Wonderlic Personnel Test. Applicants who scored 25 (out of 50) or higher on the test were then given an interview with the store managers. Based on the interview performances, the vacancies were filled. The numbers of African-Americans, Hispanics, and Whites who passed the test were as follows:_______.
Test ScoresAfrican-AmericansHispanicsWhites# scoring 25 or more252874# scoring less than 25262029Totals5148103Dennis Goebel, one of the African-American applicants who scored 19 on the test, filed a suit on behalf of all African-American applicants who failed. Mr. Goebel claimed race discrimination based upon Title 7. Frank Clothiers argued that more African-Americans were actually hired than any other protected class. Thus, the company asserts, there is obviously no racial discrimination in the selection process.Can disparate impact theory be used in cases involving subjective selection processes like interviews? What Supreme Court case supports your decision?
Answer:
Explanation:
Yes, Disparate Impact Theory can be used in this case relating to the processes of subjective selection such as interrogations. If a discriminatory workplace practice has an unfair and aggressive impact on minorities, it may be in violation of Title VII. Professional individual employees who support on the basis of discretionary judgments without intending to do so are engaging in biased conduct.
The case of Watson V. Fort Worth Bank & Trust will be used to support my claim. Clara Watson turned down a promotion that was contingent on an interview under this scenario.
The U.s. Supreme Court Declared that a Title VII claim to a strategy of subjection enforcement can only be investigated under the unequal care principle. In the majority decision, the Court allowed the principle of (disparate effects) to apply to arbitrarily defined work practices.
Irvine Regional Hospital (IRH) consumes 500 boxes of bandages per week. The price of bandages is $70 per box. The cost of processing an order is $60, and the cost of holding one box for a year is 15% of the value of the material. What is the unit holding cost h of bandages
Answer:
the unit holding cost is $10.5
Explanation:
The computation of the unit holding cost h of bandages is shown below;
= Price of bandages × holding cost percentage
= $70 × 15%
= $10.5
By multiplying the price of bandages with the holding cost percentage we can get the unit holding cost h of bandages
Hence, the unit holding cost is $10.5
Wayne owns a 30% interest in the capital and profits of Emerald Company (a calendar year partnership). For tax year 2020, the partnership earned revenue of $900,000 and had operating expenses of $660,000. During the year, Wayne withdrew from the partnership a total of $90,000. He also invested an additional $30,000 in the partnership. For 2020, Wayne's gross income from the partnership is: a.$162,000. b.$72,000. c.$132,000. d.$90,000.
Answer:
$72,000
Explanation:
Calculation to determine what Wayne's gross income from the partnership is:
Using this formula
Gross income=Interest in the capital×(Partnership earned revenue -Operating expenses )
Let Plug in the formula
Gross income=30% ×($900,000 – $660,000)
Gross income = $72,000
Therefore Wayne's gross income from the partnership is:$72,000
Rex and Dena are married and have two children, Michelle (age seven) and Nancy (age five). During 2020, Rex earned a salary of $26,500, received interest income of $300, and filed a joint income tax return with Dena. Dena had $0 gross income. Their earned income credit for the year is: a.$5,587. b.$5,920. c.$5,650. d.$0.
Answer:
Their earned income credit for the year is:
b. $5,920.
Explanation:
Rex's earned salary = $26,500
Interest income = 300
Dena's gross income = 0
Total earned income = $26,800
Two children aged seven and five
Since their earned income is less than $47,440 and they have two qualifying children, their earned income credit for 2020 is determined as $5,920 from the table of 2020 Income Limits and Range of Earned Income Tax Credit (EITC).
According to the text, all of the following are ways managers can improve their writing skills EXCEPT: a. respecting the reader. b. writing lengthy explanations. c. knowing your point and get to it. d. getting a second opinion. e. writing clearly rather than impressively.
Answer:
According to the text, all of the following are ways managers can improve their writing skills EXCEPT:
b. writing lengthy explanations.
Explanation:
The key to successful business reports is writing briefly. Managers who write lengthy explanations will not get the attention of their readers. Business reports should be highly summarized, concise, and be relevant at all times. A brief report respects the reader's time. It shows that the writer knows the relevant points to include.
Quantum Inc. has warrants outstanding that allow the holder to purchase 1.5 shares of stock per warrant at $30 per share (exercise price). Thus, each individual share can be purchased at $30 with the warrant. The common stock is currently selling for $36. The warrant is selling for $12.
Required:
a. What is the intrinsic (minimum) value of this warrant?
b. What is the speculative premium on this warrant?
c. What should happen to the speculative premium as the expiration date approaches?
Answer:
A. $9.00
B. $3.00
C. Decrease
Explanation:
a. Calculation to determine the intrinsic (minimum) value of this warrant
Using this formula
I = (M – E) × N
Where,
I represent Intrinsic value of a warrant
M represent Market value of common stock
E represent Exercise price of a warrant
N represent Number of shares each warrant entitles theholder to purchase
Let plug in the formula
I=($36 – $30) *1.5
I=$6*1.5
I = $9.00
Therefore the intrinsic (minimum) value of this warrant is $9.00
b. Calculation to determine the speculative premium on this warrant
Using this formula
S = W – I
Where,
S representSpeculative premium
W represent Warrant price
I represent Intrinsic value.
Let plug in the formula
S=$12-[($36 – $30) *1.5]
S=$12 – $9
S = $3.00
Therefore the speculative premium on this warrant is $3.00
c.What should happen to the SPECULATIVE PREMIUM as the expiration date approaches is for it to DECREASE and thereby approach $0.