Spencer Co.'s common stock is expected to have a dividend of $3 per share for each of the next 9 years, and it is estimated that the market value per share will be $135 at the end of 9 years. If an investor requires a return on investment of 8%, what is the maximum price the investor would be willing to pay for a share of Spencer Co. common stock today

Answers

Answer 1

Answer:

the maximum price the investor would be willing to pay for a share of Spencer Co. common stock today is $86.27

Explanation:

The computation of the maximum price the investor would be willing to pay for a share of Spencer Co. common stock today is shown below:

Expected dividend is

= $3 × 6.2469

= $18.7407

Now the market value is

= $135 × 0.5002

= $67.527

So, the maximum price is

= $18.7407 + $67.527

= $86.27

hence, the maximum price the investor would be willing to pay for a share of Spencer Co. common stock today is $86.27


Related Questions

Which one of these will most likely require a specialized inspection?
Most purchase agreements are contingent on which two items?

Answers

Answer: See explanation

Explanation:

You didn't give the options to the question but I searched online and got the options.

1. Which one of these will most likely require a specialized inspection?

The correct option is Mold.

2. Most purchase agreements are contingent on which two items?

The correct options are Appraised value and Clear title.

The purchase agreement is a contract whereby the terms and conditions that are related to the sale of goods are outlined. Purchase agreements are typically contingent on the appraised value and the clear title.

Suppose that 57% of all people with credit records improve their credit rating within three years. Suppose that 22% of the population at large have poor creditratings within three years. What percentage of then people who will improve their credit records within the next three years are the ones who currently have good credit ratings? ratings, and of those only 25% will improve their credit

Answers

Answer:

(a) The percentage of people currently have poor credit ratings and will improve their credit records within the next three years is 12.54%.

(b) The percentage of the people who will improve their credit records within the next three years are the ones who currently have good credit ratings is 44.46%.

Explanation:

Note: This question is not properly arranged. It is therefore, properly rearranged before answering the question as follows:

Suppose that 57% of all people with credit records improve their credit ratings within three years. Suppose that 22% of the population at large have poor credit records, and of those only 25% will improve their credit ratings within three years. (a) What percentage of people currently have poor credit ratings and will improve their credit records within the next three years? (b) What percentage of the people who will improve their credit records within the next three years are the ones who currently have good credit ratings?

The explanation of the answers is now provided as follows:

Based on the question, we have:

Percentage that improve credit rating = 57%

Percentage that do NOT improve credit rating = 100% - Percentage that improve credit rating = 100% - 57% = 43%

Percentage with poor credit rating = 22%

Percentage with good credit rating = 100% - Percentage with poor credit rating = 100% - 22% = 78%

Therefore, we have:

(a) What percentage of people currently have poor credit ratings and will improve their credit records within the next three years?

Percentage with poor credit rating that will improve credit records = Percentage with poor credit rating * Percentage that improve credit rating = 57% * 22% = 12.54%

Therefore, the percentage of people currently have poor credit ratings and will improve their credit records within the next three years is 12.54%.

(b) What percentage of the people who will improve their credit records within the next three years are the ones who currently have good credit ratings?

Percentage with good credit rating that will improve credit rating = Percentage that improve credit rating * Percentage with good credit rating = 57% * 78% = 44.46%

Therefore. the percentage of the people who will improve their credit records within the next three years are the ones who currently have good credit ratings is 44.46%.

Following the imposition of a price floor $2 above the equilibrium price, irate buyers convince Congress to repeal the price floor and to impose a price ceiling $1 below the former price floor. The resulting shortage is

Answers

Answer:

$3

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied

Shortage = $12 - $9 = $3

MC Qu. 123 The ending inventory of finished... The ending inventory of finished goods has a total cost of $9,800 and consists of 700 units. If the overhead applied to these goods is $3,726, and the overhead rate is 81% of direct labor, how much direct materials cost was incurred in producing these units

Answers

Answer:

$5,200

Explanation:

Given the above information,

Direct labor = $3,726 / 0.81 = $4,600

But,

Total cost = Direct material + Direct labor + Overhead

Fixing the values, we'll have

$9,800 = Direct materials + $4,600 + $3,726

Direct materials = $9,800 - $4,600

Direct materials = $5,200

Therefore $5,200 raw materials cost was incurred in producing these units.

5.Which of the following is a valid Excel formula?
a) =C4*D4
b) B4*D4
c) Both =C4* and B4*D4
d) Neither =C4* nor B4*D4

Answers

A) =C4*D4 is the correct answer.

Walt Bach Company has accumulated the following budget data for the year 2019.
Sales: 40,000 units, unit selling price $55.
Cost of one unit of finished goods: Direct materials 2 pounds at $5 per pound, direct labor 1.5 hours at $16 per hour, and manufacturing overhead $6 per direct labor hour.
Inventories (raw materials only): Beginning, 10,000 pounds; ending, 15,000 pounds.
Selling and administrative expenses: $200,000.
Income taxes: 30% of income before income taxes.
Instructions
(a) Prepare a schedule showing the computation of cost of goods sold for 2013.
(b) Prepare a budgeted income statement for 2013.

Answers

Answer:

Walt Bach Company

a) Schedule of Cost of Goods Sold

Direct materials =                 $400,000 (2*$5*40,000)

Direct labor =                          960,000 (1.5*$16*40,000)

Manufacturing overhead =    360,000 ($6*60,000)

Total cost of goods sold = $1,720,000

b) Budgeted Income Statement for 2013

Sales Revenue          $2,200,000

Cost of goods sold      (1,720,000)

Gross profit                   $480,000

Selling and admin. exp.  200,000

Income before tax        $280,000

Income tax (30%)             (84,000)

Net income                   $196,000

Explanation:

a) Budget Data and Calculations:

Sales: 40,000 units, unit selling price $55, Revenue = $2,200,000

Cost of one unit of finished goods:

Direct materials 2 pounds at $5 per pound = $400,000 (2*$5*40,000)

Direct labor 1.5 hours at $16 per hour = $960,000 (1.5*$16*40,000)

Manufacturing overhead $6 per direct labor hour = $360,000 ($6*60,000)

Inventories (raw materials only):

Beginning, 10,000 pounds;

Ending, 15,000 pounds.

Selling and administrative expenses: $200,000.

Income taxes: 30% of income before income taxes.

which industries operates at the primary stage of production​

Answers

Answer:

raw material extraction

Explanation:

any industry that extract raw material for onward production is considered a primary stage.

Why do people establish their own business?​

Answers

Answer:

financial freedom

Explanation:

the reasons people start their own business is usually because they desire financial freedom meaning they would like have more disposable resources for themselves.

Widget Manufacturing Company is preparing a profit budget and has projected that net sales will equal $470,000 for the period and that fixed manufacturing costs will be $150,000. Additionally, Widget expects variable manufacturing costs to be 35% of net sales. Widget manufacturing expects no changes to any inventory values from the beginning of the period to the end of the period. Use this information to determine Widget Manufacturing Company's budgeted gross profit. En g

Answers

Answer:

the Widget Manufacturing Company's budgeted gross profit is $155,500

Explanation:

The computation of the Widget Manufacturing Company's budgeted gross profit is shown below:

Value of Opening inventory = Value of Closing inventory

As we know that  

Gross profit = Sales- Variable Expenses- Fixed cost

= $470,000 - $164,500(35% of $470,000 ) -$150,000

= $155,500

Hence, the Widget Manufacturing Company's budgeted gross profit is $155,500

When Alice started working, she has decided to deposit $250 a pay check into a savings account that earns an interest of 1% per month. She gets paid on the last day of every month. Which of the following expression may be used to determine the account value 10 years from now?

a. F= [250/0.01] (F/P, 1%, 60)
b. F = 250[(P/A, 1%, 120) (F/P, 12%, 5)]
c. F= 250(F/A, 1%, 120)
d. F = [3,000(P/A, 12%, 10)] [(F/P, 12%, 10)]

Answers

Answer:

The correct option is c. F= 250(F/A, 1%, 120).

Explanation:

Since she gets paid on the last day of every month, implies we are to the determine the future value (F) of an ordinary annuity. Therefore, the original expression for the future value (F) of an ordinary annuity is as follows:

F= A(F/A, i, n) …………………. (1)

Where:

F = Future value

A = Periodic or monthly amount = $250

F/A = Convert A to F

i = monthly interest rate = 1%

n = number of months = Number of years * number of months in a year = 10 * 12 = 120

Substituting the values into equation (1) except F/A, we have:

F= 250(F/A, 1%, 120) …………………… (1)

Therefore, the correct option is c. F= 250(F/A, 1%, 120).

Note:

Note that inputting equation into a scientific calculator will give the following future value (F):

F = $57,509.67

Coomb’s Fashions forecasts sales of $141,000 for the quarter ended December 31. Its gross profit rate is 20% of sales, and its September 30 inventory is $40,500. If the December 31 inventory is targeted at $49,500, budgeted purchases for this quarter should be:

Answers

Answer:

See below

Explanation:

Given that;

September 30 inventory = $40,500

December 31 inventory = $49,500

Let x be the budgeted purchases for this quarter.

We can now calculate the budgeted purchases for this quarter by using the formula below;

Required December 31 inventory = September 30 inventory + x - Cost of goods sold

Where cost of goods sold = $141,000 × 0.8

So, by putting the values, we'll have

$49,500 = $40,500 + x - $141,000 × 0.8

$49,500 = $40,500 + x - $112,800

x = $49,500 - $40,500 - $112,800

x = $121,800

Therefore, budgeted purchases for the next quarter should be $121,800

applying macroeconomic knowledge to explain the fiscal policy of countries in 2008

Answers

Hmm this us hard i am 14

During the busiest season of the year, your customer support center receives a higher call volume than planned. However, you can't hire more staff. how would you address the extra volume?

A tell your team to take their calls more quickly
B split shifts with the management team to take on some of the extra volume
C mandate that everyone on the team works overtime​

Answers

B will be the most efficient while keeping everyone happy

Torque Corporation is expected to pay a dividend of $1.00 in the upcoming year. Dividends are expected to grow at the rate of 6% per year. The risk-free rate of return is 5% and the expected return on the market portfolio is 13%. The stock of Torque Corporation has a beta of 1.2. Torque's stock price is

Answers

Answer:

The answer is "[tex]\$11.62 \ (approx)[/tex]"

Explanation:

Using formula:

[tex]\text{Required return=risk free rate}+\text{beta}\times \text{(market rate-risk free rate)}[/tex]

[tex]=5+(13-5) \times 1.2\\\\=14.6\%\\\\\text{Intrinsic value}=\frac{D_1}{\text{(Required return-Growth rate)}}\\\\= \frac{1}{(0.146-0.06)}\\\\= \frac{1}{(0.140)}\\\\=\$11.62\ (Approx)[/tex]

After all of the account balances have been extended to the Balance Sheet columns of the end-of-period spreadsheet, the totals of the debit and credit columns show debits of $28,480 and credits of $38,055. This indicates that a.the company has a net income of $9,575 for the period. b.neither net income or loss can be calculated because it is found on the income statement c.the amounts are out of balance and need to be corrected. d.the company has a net loss of $9,575 for the period.

Answers

Answer:

This indicates that

d.the company has a net loss of $9,575 for the period.

Explanation:

a) Data and Calculations:

Total debits of the balance sheet (assets) = $28,480

Total credits of the balance sheet (liabilities + equity) = $38,055

Difference (net loss) = $9,575 ($38,055 - $28,480)

b) With the determination of the net loss of $9,575, the two sides (debits and credits) of the balance sheet will equal.  This is because the net loss of $9,575 will reduce the credits from $38,055 to $28,480.

Forte Co., had 5,900 units of work in process on April 1 that were 70% complete. During April, 18,000 units were started and as of April 30, 5,400 units that were 40% complete remained in production. How many units were completed during April

Answers

Answer:

18,500 units

Explanation:

We simply use the physical units to determine the units completed

Units completed = Units in opening inventory  + units started - units in ending inventory

therefore,

Units completed = 5,900 +  18,000 - 5,400 = 18,500

therefore,

Units completed during April amount to 18,500

Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient clinics.

Required:
For each of the following costs incurred at Northwest Hospital, indicate whether it would most likely be a direct cost or an indirect cost of the specified cost object by listing the number and a "D" for direct or an "I" for indirect. For example: 1D, 2D, etc.

a. The wages of pediatric nurses / The pediatric department
b. Prescription drugs / A particular patient
c. Heating the hospital / The pediatric patient
d. The salary of the head of pediatrics / The pediatric patient
e. The salary of the head of pediatrics / The particular pediatric patient
f. Hospital chaplain's salary / A particular patient
g. Lab tests by outside contractor / A particular patient
h. Lab tests by outside contractor / A particular department

Answers

Answer:

Northwest Hospital

aD

bD

cI

dI

eI

fI

gD

hD

Explanation:

Direct costs are costs that are directly traceable to the production of goods and services and can be identified with a unit of production.  While direct costs are usually variable, some direct costs can be fixed.

Indirect costs are costs that support the operation of the company.  They cannot be traced to any unit of production.  Similarly, some indirect costs are variable while others are fixed.

Luke Company has three divisions: Peak, View, and Grand. The company has a hurdle rate of 5.01 percent. Selected operating data for the three divisions follow: Peak View Grand Sales revenue$332,000$233,000$311,000 Cost of goods sold 204,000 116,000 183,000 Miscellaneous operating expenses 36,000 30,000 33,000 Average invested assets 1,310,000 920,000 1,105,000 Required: 1. Compute the return on investment for each division. 2. Compute the residual income for each division.

Answers

Answer and Explanation:

The computation is shown below:

1. The return on investment is  

As we know that  

Return on Investment = Net operating profit ÷ average invested assets × 100

But before that the Net Operating Profit should be determined  

Particulars               Peak           View                  Grand

Sales revenue       $332,000    $233,000           $311,000

Less: Cost of

goods sold          ($204,000)   ($116,000)            ($183,000)

Miscellaneous

operating Expenses ($36,000)   ($30,000)             ($33,000)

Net Profit              $92,000       $87,000               $95,000

Now

Return on Investment is

For peak, it is

= $92,000 ÷ $1,310,000

= 7.02%

for view, it is

= $87,000 ÷ $920,000

= 9.46%

for grand, it is

= $95,000 ÷ $1,105,000

= 8.60%

2. The residual income is  

We know that  

Residual Income = Net operating income - (Minimum required rate of return ×  average invested assets)

For Peak, it is

= ($92,000 - (5.01% of $1,310,000)

= $26,369

For view, it is  

= ($87,000 - (5.01% of $920,000)

= $40,908

And, for grand, it is

= ($95,000 - (5.01% of $1,105,000)

= $39,640

J&H Corp. recently hired Jeffrey. His immediate mandate was to analyze the company. He has to submit a report on the company's operational efficiency and estimate potential investment in working capital. He has the income statement from last year and the following information from the company's financial reports as well as some industry averages.
Last year, J&H Corp. reported a book value of $500 million in current assets, of which 20% is cash, 22% is short-term investments, and the rest is accounts receivable and inventory
The company reported $425.0 million of current liabilities including accounts payable and accruals. Interestingly, the company had no notes payable claims last year. There were no changes in the accounts payables during the reporting period
The company, however, invested heavily in plant and equipment to support its operations. It reported a book value of $800 million in long-term assets last year
Income Statement For the Year Ended on December 31 (Millions of dollars)
Industry &H Corp Average $4,875 3,900 195 4,095 $780 Net sales $3,900 3,120 156 3,276 $624 62 $562 225 $337 Operating costs, except depreciation and amortization Depreciation and amortization Total operating costs Operating income (or EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes (40%) Net income $663 265 $398
Based on the information given to Jeffrey, he submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan. Which of the following statements in his report are true?
a. The company is using-$35.0 million in net operating working capital acquired by investor-supplied funds
b. J&H Corp.'s NOPAT is $374.4 million, which is lower than the industry average of $468.0 million
c. J&H Corp. has $110.0 million in nonoperating assets.
d. The firm uses $765.0 million of total net operating capital to run the business.
e. J&H Corp.'s net operating working capital is $75.0 million.

Answers

Answer:

c. J&H Corp. has $110 million in non operating assets.

e. J&H Corp's net operating working capital is $75 million.

Explanation:

NOPAT = EBIT ( 1 - Tax)

Tax is 40%

NOPAT = 663 * 60% = $698

Total currents assets $500 million and long term assets are 800 million.

The non Operating assets are 22% which is $110 million.

Net operating working capital = Current assets - Current liabilities

Net operating Working capital = 500 - 425 = $75 million.

Koczela Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 29,000 $ 24,000 Finished goods $ 58,000 $ 62,000 Additional information: Direct materials $ 69,000 Direct labor cost $ 99,000 Manufacturing overhead cost incurred $ 75,000 Manufacturing overhead cost applied to Work in Process $ 73,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for May is:

Answers

Answer:

cost of goods manufactured= $246,000

Explanation:

To calculate the cost of goods manufactured, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 29,000 + 69,000 + 99,000 + 73,000 - 24,000

cost of goods manufactured= $246,000

You are considering purchasing a car with a sticker price of $36,270 (non negotiable with no down payment required). You wish to make monthly payments for six years and the most that you would like to pay is $600 a month. Your local bank/credit union has agreed to loan you the money at a 4.29% annual interest rate. Create an amortization table reporting the beginning/ending loan balance, total payment, the portion of payment going to interest and principal, and remaining loan balance. Create a IF statement that answers the question of whether you can afford the loan. What is your monthly loan payment and what is the total interest paid on the loan

Answers

Answer:

1. Amortization Table:

Amortization Schedule

 Beginning Balance Interest Principal Ending Balance

1 $36,270.00 $129.67 $442.59 $35,827.41

2 $35,827.41 $128.08 $444.17 $35,383.24

3 $35,383.24 $126.50 $445.76 $34,937.48

4 $34,937.48 $124.90 $447.35 $34,490.12

5 $34,490.12 $123.30 $448.95 $34,041.17

6 $34,041.17 $121.70 $450.56 $33,590.61

7 $33,590.61 $120.09 $452.17 $33,138.44

8 $33,138.44 $118.47 $453.79 $32,684.65

9 $32,684.65 $116.85 $455.41 $32,229.25

10 $32,229.25 $115.22 $457.04 $31,772.21

11 $31,772.21 $113.59 $458.67 $31,313.54

12 $31,313.54 $111.95 $460.31 $30,853.23

Year #1 End

13 $30,853.23 $110.30 $461.96 $30,391.27

14 $30,391.27 $108.65 $463.61 $29,927.67

15 $29,927.67 $106.99 $465.26 $29,462.40

16 $29,462.40 $105.33 $466.93 $28,995.47

17 $28,995.47 $103.66 $468.60 $28,526.88

18 $28,526.88 $101.98 $470.27 $28,056.60

19 $28,056.60 $100.30 $471.95 $27,584.65

20 $27,584.65 $98.62 $473.64 $27,111.01

21 $27,111.01 $96.92 $475.33 $26,635.68

22 $26,635.68 $95.22 $477.03 $26,158.64

23 $26,158.64 $93.52 $478.74 $25,679.90

24 $25,679.90 $91.81 $480.45 $25,199.45

Year #2 End

25 $25,199.45 $90.09 $482.17 $24,717.29

26 $24,717.29 $88.36 $483.89 $24,233.40

27 $24,233.40 $86.63 $485.62 $23,747.77

28 $23,747.77 $84.90 $487.36 $23,260.42

29 $23,260.42 $83.16 $489.10 $22,771.32

30 $22,771.32 $81.41 $490.85 $22,280.47

31 $22,280.47 $79.65 $492.60 $21,787.86

32 $21,787.86 $77.89 $494.36 $21,293.50

33 $21,293.50 $76.12 $496.13 $20,797.37

34 $20,797.37 $74.35 $497.91 $20,299.46

35 $20,299.46 $72.57 $499.69 $19,799.78

36 $19,799.78 $70.78 $501.47 $19,298.31

Year #3 End

37 $19,298.31 $68.99 $503.26 $18,795.04

38 $18,795.04 $67.19 $505.06 $18,289.98

39 $18,289.98 $65.39 $506.87 $17,783.11

40 $17,783.11 $63.57 $508.68 $17,274.43

41 $17,274.43 $61.76 $510.50 $16,763.93

42 $16,763.93 $59.93 $512.32 $16,251.60

43 $16,251.60 $58.10 $514.16 $15,737.45

44 $15,737.45 $56.26 $515.99 $15,221.45

45 $15,221.45 $54.42 $517.84 $14,703.61

46 $14,703.61 $52.57 $519.69 $14,183.92

47 $14,183.92 $50.71 $521.55 $13,662.37

48 $13,662.37 $48.84 $523.41 $13,138.96

Year #4 End

49 $13,138.96 $46.97 $525.28 $12,613.68

50 $12,613.68 $45.09 $527.16 $12,086.52

51 $12,086.52 $43.21 $529.05 $11,557.47

52 $11,557.47 $41.32 $530.94 $11,026.53

53 $11,026.53 $39.42 $532.84 $10,493.70

54 $10,493.70 $37.51 $534.74 $9,958.95

55 $9,958.95 $35.60 $536.65 $9,422.30

56 $9,422.30 $33.68 $538.57 $8,883.73

57 $8,883.73 $31.76 $540.50 $8,343.23

58 $8,343.23 $29.83 $542.43 $7,800.81

59 $7,800.81 $27.89 $544.37 $7,256.44

60 $7,256.44 $25.94 $546.31 $6,710.12

Year #5 End

61 $6,710.12 $23.99 $548.27 $6,161.86

62 $6,161.86 $22.03 $550.23 $5,611.63

63 $5,611.63 $20.06 $552.19 $5,059.43

64 $5,059.43 $18.09 $554.17 $4,505.27

65 $4,505.27 $16.11 $556.15 $3,949.12

66 $3,949.12 $14.12 $558.14 $3,390.98

67 $3,390.98 $12.12 $560.13 $2,830.85

68 $2,830.85 $10.12 $562.14 $2,268.71

69 $2,268.71 $8.11 $564.15 $1,704.57

70 $1,704.57 $6.09 $566.16 $1,138.40

71 $1,138.40 $4.07 $568.19 $570.22

72 $570.22 $2.04 $570.22 $0.00

Year #6 End

2. IF monthly payment is <$600, then take the loan.

3. The monthly payment is $572.26

4. The total interest paid on the loan is $4,932.42.

Explanation:

a) Data and Calculations:

Car loan = $36,270

Expected payment per month = $600

Loan interest rate = 4.29%

Period of payments = 6 years or 72 months

Results:

Payment Every Month   $572.26

Total of 72 Payments   $41,202.42

Total Interest   $4,932.42

If you have not been obligating your funds according to your obligation plan, you may become a prime candidate for losing your funds to other programs through __________. Reprogramming Expiration Incremental Funding The Misappropriation Act

Answers

Answer:

Reprogramming

Explanation:

In the case when you are not have an obligation with respect to the funds as per the obligation plan so there might be the chances to become a prime candidate for losing the funds to the other type of programs via reprogramming

So as per the given situation, the first option is correct

The majority of the public would consider it unethical to increase executive salaries significantly while minimum wage employees struggle to pay basic bills, making Walmart’s pay decisions partly dependent on Multiple Choice social consensus. magnitude of consequences. temporal immediacy. concentration of effect. probability of effect.

Answers

Answer:

social consensus

Explanation:

Social consensus determined how much agreement should be there due to which the act i.e. proposed should become non-ethical. Also it represent the dimension of the social pressure that should be applied for gauge the moral intensity

So as per the given situation, the above should be the answer and the same should be considered

Rules of Debit and Credit The following table summarizes the rules of debit and credit. Indicate whether the proper answer is a debit or a credit. Increase Decrease Normal Balance Balance sheet accounts: Asset Credit Liability Credit Stockholders' equity: Common Stock Credit Retained Earnings Credit Dividends Debit Credit Income statement accounts: Revenue

Answers

The table represents the normal debit balance of the following accounts also the increment or decrement related to these accounts is as follows:

The following information should be considered:

The asset, dividend & expenses contains the normal debit balance. And, the liability & equity should contain the normal credit balance.

Particulars                  Increase    decrease     normal balance

Asset                          debit           credit            debit

liability                        credit         debit             credit

common stock          credit         debit             credit

retained earnings      credit         debit             credit

dividend                      debit           credit            debit

revenue                    credit         debit             credit

expense                     debit           credit            debit

In this way, the above table should be presented.

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Financial Math

Q197948

 7 hours 18 min

Bonita intends to open a small fabric shop and borrows the money for it from her aunt Magda. Bonita feels that she will only be able to start repaying her debt after three years. Bonita will then pay aunt Magda R105 000 per year for five years. Money is worth 19,5% per year.


The present value of Bonita’s debt at the time she will start paying aunt Magda back is

[1] R408 978,93.

[2] R317 500,78.

[3] R222 924,04.

[4] R525 000,00.

[5] R436 649,07.

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Biochemistry

Q200749

 Deadline passed

2) Why are the ratios of OD260/OD280 and OD260/OD280 for clean nucleic acids about 2.0? Show your answer by drawing and explaining a DNA absorbance spectrum from 200 to 300 nm. Which type of contaminations can you detect with these measurements? 

Answer approved2$1

Finance

Q199880

 Deadline passed

Walter and Gordon model analyse the impact of distribution of dividends on the valuation of the firm but the formula used in both the cases are different. Company

ABC Ltd wanted to evaluate the price of the share in both cases. The company earns ₹ 50 per share and expects the same for the next year. The cost of capital to the firm is 11%. The company earns return on investment of 15% and the firm is planning dividend payout ratio of 60%. Calculate:

a. Price of the share using Walter Model. Comment on the relationship between return on investment and cost of capital in the case above and decision of the firm whether dividend is to be declared or not.

b. Price of the share using Gordon model. Comment on the relationship between return on investment and cost of capital in the case above and decision of the firm whether

dividend is to be declared or not.

You are declined.Your offer: $1

Financial Math

Q196935

 Deadline passed

A savings account pays interest at the rate of 5% per year, compounded semi-annually. The amount that should be deposited now so that R250 can be withdrawn at the end of every six months for the next ten years is

[1] R3 144,47.

[2] R6 386,16.

[3] R1 930,43.

[4] R3 897,29.

[5] none of the above

You are declined.3Your offer: $1

Financial Math

Q198898

 Deadline passed

Mr Mahlangu invests R20000 to play lobola. After 48 months he receives 65000. The interest on the investment is compounded quarterly. Determine the yearly interest rate at which money was invested. Give your answer as a percentage rounded to two decimal places.

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Biochemistry

Q198087

 Deadline passed

11. Indicate which type of bonds are involved in the following


a. Formation of the primary structure of a protein


b. Stabilization of the alpha helix and beta pleated sheet structures of proteins


12.Identify the biomolecular composition of the following cells

a.Endoplasmic reticulum

b.Mitochondria

c.Cytoskeleton

d. Nucleus


13 Under aerobic catabolism of glucose ,in which compartment of the eukaryotic cell does the following reaction occurs?

a conversion of pyruvate to acetyl CoA


b.conversion of succinyl -CoA to succinate


c.conversion ofNADH to ATP.


d.conversion of phosphologlycerate to phosphoenolpyruvate.

14. Briefly outline how ATP is generated from glucose in the absence of oxygen. What is the importance of this pathway?


15. Briefly explain the process by which excess dietary carbohydrates and lipids are stored in the human body


Answer approved2$1

Financial Math

Q197948

 Deadline: 03.06.21, 14:15

Bonita intends to open a small fabric shop and borrows the money for it from her aunt Magda. Bonita feels that she will only be able to start repaying her debt after three years. Bonita will then pay aunt Magda R105 000 per year for five years. Money is worth 19,5% per year.


The present value of Bonita’s debt at the time she will start paying aunt Magda back is

[1] R408 978,93.

[2] R317 500,78.

[3] R222 924,04.

[4] R525 000,00.

[5] R436 649,07. ​

Answers

Answer:

gggggggggggggggggggg

Las Vegas hotelier MGM Mirage recently spent $8.5 billion on a new resort that adds almost 5,000 new rooms to a market that some argue is already saturated. Which of the following output controls and measurement is MGM Mirage using?

a. Profits
b. Employee turnover
c. Growth
d. Productivity
e. Market share

Answers

Growth because its common sense







Yw

Mystery, Inc. is contemplating selling bonds. The issue is to be composed of 800 bonds, each with a face amount of $750. How much is Mystery, Inc. able to borrow (in total) if each bond is sold at 95% of par

Answers

Answer:

$570,000

Explanation:

Calculation to determine How much is Mystery, Inc. able to borrow (in total) if each bond is sold at 95% of par

Using this formula

Total Amount borrowed=Bonds*Face value*95% of par

Let plug in the formula

Total Amount borrowed=800*$750*0.95

Total Amount borrowed=$570,000

Therefore the amount the Mystery, Inc. will be able to borrow (in total) if each bond is sold at 95% of par is $570,000

Explain the relationships between a firm’s short-run production function and its short-run cost
function

Answers

Answer:

The answer is below

Explanation:

The relationships between a firm’s short-run production function and its short-run cost function can be explained by considering the firm's short-run cost function as a form of closely related but opposite in direction of its production function.

This implies that when the firm's short-run cost function increases its marginal product, its marginal cost decreases, and in contrast, when its marginal product decreases its marginal cost commences to increase

The idea of rational expectations suggests that :_________
a) It is unrealistic for Congress to balance the federal budget during a recession.
b) Discretionary policies and fine-tuning can move the economy to full employment.
c) Economic policies are ineffective if the policies are anticipated.

Answers

Answer:C

Explanation:The theory believes that because people make decisions based on the available information at hand combined with their past experiences, most of the time their decisions will be correct.

Last year Baron Enterprises had $350 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity last year. In millions, by how much could Baron's sales increase before it is required to increase its fixed assets

Answers

Answer:

$188.46 million

Explanation:

Firstly, calculate sales at full capacity

Sales at full capacity = Sales at current capacity / % of capacity

Sales at full capacity = $350 million / 0.65

Sales at full capacity = $538.46 million

Increase in sales without increase in fixed assets = Sales at full capacity - Sales at current capacity

Increase in sales without increase in fixed assets = $538.46 million - $350 million

Increase in sales without increase in fixed assets = $188.46 million

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