Answer:
45,811.70Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.
Cash flow in year 0 = $-160,000
Cash flow in year 1 - 3 = $54,000
Cash flow in year 4 = 11,000
I = 15
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
A company purchased a new delivery van at a cost of $51,000 on July 1. The delivery van is estimated to have a useful life of 6 years and a salvage value of $3,900. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the van during the first year ended December 31
Answer:
Annual depreciation (partial)= $3,925
Explanation:
First, we need to calculate the annual depreciation:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (51,000 - 3,900) / 6
Annual depreciation= $7,850
Now, the depreciation for 6 months:
Annual depreciation (partial)= (7,850/12)*6
Annual depreciation (partial)= $3,925
Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning Inventory 1,000 $ 7.20 Mar. 10 Purchase 600 7.25 Mar. 16 Purchase 800 7.30 Mar. 23 Purchase 600 7.35 ________________________________________ Marvin sold 2,300 units of inventory during the month. Cost of goods sold assuming FIFO would be:
Answer:
$16,660
Explanation:
FIFO method assumes that the units to arrive first will be sold first. Hence the valuation of cost of goods sold is based on earlier prices.
Cost of goods sold = 1,000 x $ 7.20 + 600 x 7.25 + 700 x 7.30
= $16,660
Therefore,
Cost of goods sold assuming FIFO would be: $16,660.
The process for converting present values into future values is called________________.
Answer:
Compounding.
Explanation:
Compounding is typically an accounting process used for the conversion of present values of an asset, investment or money into future values.
Generally, a compound interest is calculated based on the interest rate on a loan, principal and the accumulated interest gained from previous periods. This interests is compounded for a certain number of times such as daily, weekly, quarterly or annually.
Mathematically, to find the future value from the present value of an asset or investment, we would use the compound interest formula;
[tex] A = P(1 + \frac{r}{n})^{nt}[/tex]
Where;
A is the future value. P is the principal or starting amount. r is annual interest rate. n is the number of times the interest is compounded in a year. t is the number of years for the compound interest.Malabad Cans expects sales next year to be $50,000,000. Inventory and accounts receivable (combined) will increase $8,000,000 to accommodate this sales level. The company has a profit margin of 6 percent. Its dividend payout is 30 percent of profit. How much external financing will the firm have to seek
Answer:
d. More than $5,000,000 of external financing is needed
Explanation:
Missing word "Assume there is no increase in liabilities other than that which will occur with the external financing. A) No external financing will be needed. B) Less than $1,000,000 of external financing is needed. C) Between $1,000,000 and $5,000,000 of external financing is needed. D) More than $5,000,000 of external financing is needed."
Change in assets = $8,000,000
Net profit = $50,000,000 * 6% = $3,000,000
Increase in liabilities = $0
External financing need = Change in Assets - Change in Current liabilities - Retained Earnings
External financing need = ($8,000,000 -- $0) - [$3,000,000*(1-30%)}
External financing need = $8,000,000 - $2,100,000
External financing need = $5,900,000
If a bank provides overdraft protection at a rate of 12% for each $100 (or portion of $100) borrowed when an overdraft occurs, what amount of interest would a customer pay for a $188 overdraft
Answer:
The amount of interest a customer would pay for a $188 overdraft is $20.80.
Explanation:
Amount of interest on $100 = Overdraft protection rate *$100 = 12% * $100 = $12
Total overdraft = $188
Excess over $100 = Total overdraft - $100 = $188 - $100 = $88
Excess over $100 as a portion of $100 = 88 portion of 100 = (88 / 100) * 100 = $8.8 (Note: This has to be stated in dollar not in percentage.)
Total interest amount = Amount of interest on $100 + Excess over $100 as a portion of $100 = $12 + $8.80 = $20.80
Therefore, the amount of interest a customer would pay for a $188 overdraft is $20.80.
Assume Jamestown Markets has 500 shares of stock and 100 bonds outstanding. The bonds have a face value of $1,000, are convertible into 5 shares of newly issued common stock, and mature today. What is the value of this firm to its shareholders if the total value of the firm is $184,500? What if the value is $225,000?
A. $0; $125,000
B. $84,500; $112,500
C. $92,250: $125,000
D. $84,500; $125,000
Answer:
C. $92,250: $125,000
note my last comment below
Explanation:
Currently, the company has 500 shares and 100 bonds,with each bond convertible into 5 shares each, hence, we need to determine the value of debt based on the number of shares it is convertible to as shown thus:
shares equivalent of 100 bonds=100*5 shares=500 shares
total number of shares=500+500=1,000 shares
If the value of the company is $184,500, debt would account for half of the value since 500 shares(half of the total shares) is the value of debt
value of debt=$184,500*500/1000=$92,250
value of total firm=value of equity-value of debt
$184,500=value of equity+$92,250
value of equity=$184,500-$92,250
value of equity=$92,250
In the same vein, if the value of the firm is $225,000, the value of debt is determined thus:
value of debt=$225,000*500/1000
value of debt=$112,500
$225,000=value of equity+$112,500
value of equity=$225,000-$112,500
value of equity=$112,500
It seems that there was an error in option C since the second figure should have been $112,500(not $125,000)
In June, an investor purchased 200 shares of Oracle (an information technology company) stock at $37 per share. In August, she purchased an additional 270 shares at $36 per share. In November, she purchased an additional 490 shares at $41 per share. What is the weighted mean price per share
Answer:
the weighted mean price per share is $38.76
Explanation:
The computation of the weighted mean price per share is given below:
= (200 shares × $37 per share + 270 shares × $36 per share + 490 shares × $41 per share) ÷ (200 shares + 270 shares + 490 shares)
= ($7,400 + $9,720 + $20,090) ÷ (960 shares)
= $37,210 ÷ 960 shares
= $38.76
Hence, the weighted mean price per share is $38.76
Answer:
Average price of share = $38.76 (Approx.)
Explanation:
Given:
Shares investor purchase = 200 shares
Share price = $37
Additional share = 270 at $36
Additional share = 490 at $41
Find:
Weighted mean price per share
Computation:
Average price of share = Total price / Total number of shares
Average price of share = [(200)(37) + (270)(36) + (490)(41)] / [200 + 270 + 490]
Average price of share = [(7,400) + (9,720) + (20,090)] / [960]
Average price of share = $38.76 (Approx.)
Artis Sales has two store locations. Store A has fixed costs of $125,000 per month and a variable cost ratio of 60%. Store B has fixed costs of $200,000 per month and a variable cost ratio of 30%. At what sales volume would the two stores have equal profits or losses
Answer:
See below
Explanation:
Given the above information, break even sales is computed as
0.60 VCR - $120,000 = 0.30 VCR - $200,000
0.60 VCR - 0.30 VCR = $200,000 - $120,000
0.30 VCR = $80,000
VCR = $266,667
Therefore, at the sales volume of $266,667 the two stores would have equal profit or losses
Artis sales will achieve equal profits or losses at the level of $266,667 if the conditions given with variable costs of 30% and 60% are met respectively by both the stores at fixed costs $125,000 and $200,000.
Artis sales' equilibrium points of profits or losses can be calculated by using the formula of finding the equilibrium variable capital ratios of both its store locations.
The variable costs ratio of store 1 is 60% over fixed costs of $125,000 and that of the 2nd store is 30% over fixed costs of $200,000 are the information given. Putting the values in the formula that,[tex]\rm Percentage\ Ratio\ Of\ Fixed\ Costs\ For\ Store\ 1- Fixed\ Costs\ For\ Store\ 1= Percentage\ Ratio\ Of\ Fixed\ Costs\ For\ Store\ 2- Fixed\ Costs\ For\ Store\ 2[/tex]
Putting the given values and considering the equilibrium point as x[tex]0.60x-125000= 0.30x -200000[/tex]
[tex]0.60x - 0.30x = 200000-125000[/tex]
We get
[tex]x=\dfrac{80000}{0.30}[/tex]
[tex]x= 266667[/tex]
Therefore, the value of equilibrium for both the stores will be at $266,666.Hence, The point at equal profits or losses for both the store locations of Artis Sales will be at $266,667.
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Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs
3,300 $168,000
1,300 108,000
2,390 149,040
a. Determine the variable cost per unit and the total fixed cost.
b. Based on part (a), estimate the total cost for 1,660 units of production.
Answer:
Ziegler Inc.
a) The variable cost per unit = $60
b) The total fixed cost = $30,000
c) The total cost for 1,660 units = $129,600
Explanation:
a) Production Data and Calculations:
Units Total
Produced Costs
3,300 $168,000
1,300 108,000
2,390 149,040
High-low method:
High 3,300 $168,000
Low 1,300 108,000
Diff. 1,000 $60,000
Variable cost = $60 ($60,000/1,000)
Fixed cost = $30,000 ($108,000 - ($60 * 1,300)
Total cost for 1,660 units:
Variable costs = $99,600 ($1,660 * $60)
Fixed cost = 30,000
Total costs = $129,600
Sales revenue received in cash is entered by:________ a. debiting Cash and crediting Sales Revenue. b. debiting Cash and crediting Accounts Payable. c. debiting Sales Revenue and crediting Cash. d. debiting Accounts Payable and crediting Cash.
Answer:
a. debiting Cash and crediting Sales Revenue.
Explanation:
Double entry system of accounting requires posting of two legs for every transaction. That is the debit and credit legs.
Asset and expense accounts increase by debitting their balance while revenue accounts increase through credit.
When sales revenue is received as cash there is an increase in cash (an asset) and an increase in sales revenue too (a revenue account).
So we will debit cash to indicate an increase and credit sales revenue to indicate an increase in revenue
If an asset costs $132000 and is expected to have a $22000 salvage value at the end of its 10-year life, and generates annual net cash inflows of $22000 each year, the cash payback period is:_______.
a. 5 years.
b. 6 years.
c. 7 years.
d. 4 years.
Answer:
b. 6 years.
Explanation:
The cash payback period is the length of time it takes for the future cash flows to equal the amount invested in a project.
where, Amount Invested = Sum of Cash flows
therefore,
$132000 = $22000 + $22000 + $22000+ $22000 + $22000 + $22000
thus,
It takes 6 years for cashflows to equal $132000.
Michel Company owns 75% of the outstanding common stock of Aber Corp. On its current consolidated income statement, Michel Company should report:
Answer:
Michel Company
On its current consolidated income statement, Michel Company should report:
the consolidated revenue and expenses of Michel Company and Aber Corp.
Explanation:
There is a 25% (100% - 75%) share for non-controlling or minority interest in the net income or loss of the Aber Corp. With this, readers of the financial statements of the parent company, Michel Company, are well-informed that only 75% of the net income or loss from the Aber Corp. actually belongs to the stockholders of Michel Company.
A lessor with a sales-type lease involving an unguaranteed residual value at the end of the lease term will report sales revenue in the period of inception of the lease at which of the following amounts?A. the sales price less the present value of the residual valueB. the present value of the minimum lease payments plus the present value of the unguaranteed residual valueC. the minimum lease payments plus the unguaranteed residual valueD. the cost of the asset to the lessor, less the present value of any unguaranteed residual value
Answer: A. the sales price less the present value of the residual value
Explanation:
Sales revenue is calculated as the selling price less the cost of the commodity being sold. In this case the cost will be the value of the asset. The sales revenue will therefore be the selling price less the value of the asset when it is to be sold so the relevant value is the residual value.
Even though the residual value is unguaranteed, the current estimate will be treated as the value to be deducted from the selling price. The difference is what will be reported as sales revenue.
The president of the United States receives an annual salary of $400,000, while some top baseball players such as Clayton Kershaw and Mike Trout earn more than $34 million annually. Based on marginal productivity theory, what does this say about their contributions to society
Answer:
Based on marginal productivity theory, this says that their contributions to society are not equal because society is willing to pay more for Clayton Kershaw and Mike Trout as baseball players than it is willing to pay for the president of the United States.
Explanation:
a) Data and Calculations:
Annual salary of the U.S. president = $400,000
Annual salary of baseball players = $34 million
For each dollar paid to the U.S. president, society is willing to pay a baseball player $85 ($34 million/$400,000)
b) The marginal productivity theory, which considers the contribution made by each factor of production, is based on the following assumptions that:
1) all units of the production factor, for example, labor, are homogeneous.
2) the baseball player can be substituted for the U.S. president.
3) there is perfect mobility of factors, from being a baseball player to being a U.S. president, and vice versa.
Any help 70 points
What would happen to the supply of pizza if more businesses enter the pizza market?
Answer:
increase
Explanation:
ofc since the more pizze businnesses make pizza, the more pizza will be made and sold
Answer:
○increase
Explanation:
of pizza supplies more if more businesses enter the pizza market then the market will have to increase their supplies and staffs.
Account as a product of antiquity?
Can someone please clearly explain this for me ?
Quick answer..
Kind of need it fast
Answer:
Egypt used pictures, words, and numbers to keep tabs on agricultural production so that it could feed its ever-increasing population. The accounting system was also used to keep track of ceremonies and religious events, monument and public works projects, as well as labor control.
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 560 May 640 June 590 July 680 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 112 units. Prepare a production budget for the months of April, May, and June.
The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 112 units. Prepare a production budget for the months of April, May, and June. May June RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) Ratio of inventory to future sales Budgeted ending Inventory (units) Budgeted unit sales for month Required units of available production Budgeted beginning inventory (units) Units to be produced.
Answer:
Details April May June
Unit to be produced 576 630 608
Explanation:
The production budget For April, May, and June can be prepared as follows:
Ruiz Co.
Production Budget
For April, May, and June
Details April May June
Next month's budgeted sales (A) 640 590 680
Ratio of inventory to future sales (B) 20% 20% 20%
Budgeted ending inventory (C = A * B) 128 118 136
Budgeted unit sales for month (D) 560 640 590
Req'd units of avail. production (E = C + D) 688 758 726
Budgeted beginning inventory (F) 112 128 118
Unit to be produced (G = E - F) 576 630 608
The Income Statement columns in the end-of-period spreadsheet show that debits are equal to $29,264 and credits are $63,411. What does this information mean to the accountant
Answer:
Net income of $34,147
Explanation:
Given that
the debits are $29,264
And, the credits are $63,411
We need to find out from the above information that what means to the accountant
As we know that the expenses comes in debit side and the revenues comes in credit side
So here revenue is more than the expenses
SO, there is the net income of
= $63,411 - $29,264
= $34,147
I’m taking care of a child for 10 hours what is a fair price to charge ? Lemme know lol
"In 2012, Canadian farmers did not suffer from drought conditions that affected the United States, but they did enjoy the higher corn prices. Canadian farmers reacted to the higher price by planting more corn. Suppose that the price of corn increased by 30 percent and the Canadian farmers increased the quantity of corn they supply by 20 percent. The supply of corn is"
Answer: D) inelastic.
Explanation:
To find out the elasticity of the supply of corn, use the Price Elasticity of Supply (PES) formula. The price elasticity of supply shows how much quaintly supplied would change by if there was a change in price.
Price elasticity of supply = Change in quantity supplied / Change in price
= 20% / 30%
= 0.66
When the Price elasticity of supply is less than one, the supply is said to be inelastic. The PES here is less than 1 so corn is inelastic.
When workers move from one job to another it is
described as
A Job Rotation
B Job Enrichment
C Job Enlargement
D Job Simplification
mô tả phong cách quản trị của tiến sĩ Nguyễn Thắng - TGĐ tập đoàn Herbalife
Answer:
what is this?
Explanation:
Herbalife?
In ____ price discrimination, the monopolist charges each consumer the highest price that purchaser is willing to pay for each unit purchased
Answer:
Perfect price discrimination
Explanation:
Perfect price discrimination or first degree discrimination is defined as one in which the maximum price possible is charged for each unit of product sold to the customer.
This is aimed at capturing all consumer surplus for the monopoly.
This can occur for example in cases where the zip code of clients is located in an area where wealthy people reside.
The monopolist can charge the highest possible price based on the location.
If a process step has a LARGE setup time and a SMALL pure-processing time per unit, what batch size will result in the fastest completion of ALL of the units at this step? Assume there is only ONE resource at this step.
Answer:
A large batch
Explanation:
Batch processing is used by large businesses to automate production process in such a way that efficiency is achieved in the shortest time.
This requires processing of a set of products as opposed to individual transactions.
In the given scenario where a process step has a large setup time and a small pure-processing time per unit, it means that the time to set up the production process is much while the individual processing time per product is small.
A large batch will be best in this situation because once it is set up more product will be processed at once.
However if smaller batch was used the setup time will reoccur often and slow down the process.
In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem, you will explore how saving and investment are connected to the international flow of capital and goods in an economy. Before delving into the relationship between these various components of an economy, you will be asked to recall some relationships between aggregate variables that will be useful in your analysis.
Recall the components that make up GDP. National income (Y) equals total expenditure on the economy's output of goods and services. Thus, where C = consumption, I = gross investment, G = government spending, and NX = net exports, Y is defined as follows:
Y =_____
National saving (S) is the income of the nation that is left after paying for government spending and consumption. Therefore, S is defined as follows:
S =_____
Re-arranging the previous equation and solving for Y yields Y =____. Plugging this into the original equation showing the various components of income results in the following relationship:
S =_____
This is equivalent to S =____, since net exports must equal net capital outflow (NCO, also known as net foreign investment).
Now suppose that a country is experiencing balanced trade. Determine the relationships between the entries in the following table and enter these relationships using the following symbols: > (greater than), < (less than), or = (equal to).
Outcomes of Balanced Trade
Net Exports 0
Exports Imports
Y C + I + G
Saving Gross Investment
Net Capital Outflow 0
Answer:
Y = C + I + G + NX
S = Y - G - C
Y = S + G + C
S = I + NX
S = I + NCO
Outcomes of Balanced Trade
Net Exports = 0
Exports = Imports
Y = C + I + G
Saving = Gross Investment
Net Capital Outflow = 0
Explanation:
Recall the components that make up GDP. National income (Y) equals total expenditure on the economy's output of goods and services. Thus, where C = consumption, I = gross investment, G = government spending, and NX = net exports, Y is defined as follows:
Y = C + I + G + NX
National saving (S) is the income of the nation that is left after paying for government spending and consumption. Therefore, S is defined as follows:
S = Y - G - C
Re-arranging the previous equation and solving for Y yields
S + G + C = Y
Y = S + G + C
Plugging this into the original equation showing the various components of income results in the following relationship:
S + G + C = C + I + G + NX
S = C + I + G + NX - G - C
S = C - C + I + G - G + NX
S = I + NX
This is equivalent to S = I + NCO, since net exports must equal net capital outflow (NCO, also known as net foreign investment).
Now suppose that a country is experiencing balanced trade. Determine the relationships between the entries in the following table and enter these relationships using the following symbols: > (greater than), < (less than), or = (equal to).
Outcomes of Balanced Trade
Net Exports = 0
Exports = Imports
Y = C + I + G
Saving = Gross Investment
Net Capital Outflow = 0
National incomeY = C + I + G + NX or Y = S + G + C National savingsS = Y - G - C
What is GDP?
Finished goods and services produced by a country during a year.GDP measures the economic health of a nation.
GDP(Y) = private consumption(C) + private investment(I)+ government investment(I) + government spending(G) + (exports – imports)(NX)
1. National Income(Y)=C + I + G + NX------------(1)
2. National Savings(S) is the income left after government spending and consumption
S= Y - G - C
3. Re-arranging the above equations to solve for Y yields
Y = S + G + C---------------------(2)
4. Plugging this into the original equation showing the various components of income results in the following relationship by (1) and (2)
S + G + C = C + I + G + NX
S = C + I + G + NX - G - C
S = C - C + I + G - G + NX
S = I + NX
S = I + NCO (NCO, also known as a net foreign investment).
Therefore, the above explanation appropriately describes the national income.
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Assume Organic Ice Cream Company, Inc., bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at a cost of $14,000. The estimated useful life was four years, and the residual value was $980. Assume that the estimated productive life of the machine was 9,300 hours. Actual annual usage was 3,720 hours in Year 1; 2,790 hours in Year 2; 1,860 hours in Year 3; and 930 hours in Year 4. Required: 1. Complete a separate depreciation schedule for each of the alternative methods. a. Straight-line. b. Units-of-production. c. Double-declining-balance.
Answer:
Organic Ice Cream Company, Inc.
Depreciation Schedules:
a. Straight-line.
Year Cost Depreciation Accumulated Net book Value
Depreciation
Year 1 $14,000 $3,255 $3,255 $10,745
Year 2 $14,000 $3,255 $6,510 $7,490
Year 3 $14,000 $3,255 $9,765 $4,235
Year 4 $14,000 $3,255 $13,020 $980
b. Units-of-production.
Year Cost Depreciation Accumulated Net book Value
Depreciation
Year 1 $14,000 $5,208 $5,208 $8,792
Year 2 $14,000 $3,906 $9,114 $4,886
Year 3 $14,000 $2,604 $11,718 $2,282
Year 4 $14,000 $1,302 $13,020 $980
c. Double-declining-balance.
Year Cost Depreciation Accumulated Net book Value
Depreciation
Year 1 $14,000 $7,000 $7,000 $7,000
Year 2 $14,000 $3,500 $10,500 $3,500
Year 3 $14,000 $1,750 $12,250 $1,750
Year 4 $14,000 $770 $13,020 $980
Explanation:
a) Data and Calculations:
Cost of new ice cream production kit = $14,000
Residual value = $980
Depreciable value = $13,020
Estimated useful life = 4 years
Annual depreciation expense under straight-line method = $3,255 ($13,020/4)
Estimated productive life of the machine = 9,300 hours
Units-of-productive hours depreciation method per hour = $1.40 ($13,020/9,300)
Year 1 3,720 hours * $1.40 = $5,208
Year 2 2,790 hours * $1.40 = $3,906
Year 3 1,860 hours * $1.40 = $2,604
Year 4 930 hours* $1.40 = $1,302
Double-declining-balance method:
Depreciation rate = 100/4 * 2 = 50%
Year 1 = $14,000 * 50% = $7,000
Year 2 = $7,000 * 50% = $3,500
Year 3 = $3,500 * 50% = $1,750
Year 4 = $770 ($1,750 - $980)
Carroll Corporation has two products, Q and P. During June, the company's net operating income was $28,000, and the common fixed expenses were $60,000. The contribution margin ratio for Product Q was 40%, its sales were $145,000, and its segment margin was $52,000. If the contribution margin for Product P was $50,000, the segment margin for Product P was:
Answer:
$36,000
Explanation:
Calculation to determine what the segment margin for Product P was
Using this formula
Net operating profit= (Segment margin Q + Segment margin P) - Common fixed expenses
Let plug in the formula
28,000= (52,000 + segment margin P) -60,000
88,000= 52,000 + segment margin P
36,000= segment margin P
Therefore the segment margin for Product P was:$36,000
A stock is currently selling for $67 per share. A call option with an exercise price of $70 sells for $3.21 and expires in three months. If the riskfree rate of interest is 2.6 percent per year, compounded continuously, what is the price of a put option with the same exercise price
Answer:
$5.76
Explanation:
Calculation to determine the price of a put option with the same exercise price
We would be Using put-call parity and solving for the put price
$67 + P = $70e^–(.026)(3/12)+ $3.21
$67 + P = $70e^–(.026)(.25)+ $3.21
$67 + P =190.2797^–(0.0065)+ $3.21
$67 + P =$69.5465+ $3.21
$67 + P =$72.7565
P=$72.7565-$67
P=$5.7565
P=$5.76 (Approximately)
Therefore the price of a put option with the same exercise price will be $5.76
Calaveras Tire exchanged equipment for two pickup trucks. The book value and fair value of the equipment given up were $20,000 (original cost of $65,000 less accumulated depreciation of $45,000) and $17,000, respectively. Assume Calaveras paid $8,000 in cash and the exchange has commercial substance.
Required:
a. At what amount will Calaveras value the pickup trucks?
b. How much gain or loss will the company recognize on the exchange?
Answer: B i just got a felling.
Explanation:
Phil Morris holds an executive position at The Martin Group. Phil has improved the quality of the data gathered by the organization and has also created a model to decrease the cost of managing data while increasing the value of the data gathered. Based on this description, what position does Phil hold at The Martin Group
Answer:
chief data officer (CDO)
Explanation:
A chief data officer is a person in an organisation that uses information as an asset through various practices like analysis, data processing, data mining, or information trading.
He is responsible for data governance within an organisation.
Valuable insights that will be profitable to the organisation are made by the Chief Data Officer.
In the given instance Phil has improved the quality of the data gathered by the organization and has also created a model to decrease the cost of managing data while increasing the value of the data gathered.