Answer:
2%.
Explanation:
Calculation of the alpha of the stock
Implied Alpha Formula = Actual return - Expected return as per CAPM
Implied Alpha = 11% - 9%
Implied Alpha = 2%
Since you believe the stock will provide instead a return 11%, its implied alpha will be 2%.
For the past year, Kayla, Inc., has sales of $46,382, interest expense of $3,854, cost of goods sold of $16,659, selling and administrative expense of $11,766, and depreciation of $6,415. If the tax rate is 35 percent, what is the operating cash flow
Answer:
$15,266
Explanation:
Sales $46,382
Less: Cost of goods sold $16,659
Gross profit $29,723
Less: Selling & administrative expense $11,766
Less: Depreciation $6,415
Earnings before interest and tax (EBIT) $11,542
Less: Interest expenses $3,854
Earnings before tax (EBT) $7,688
Less: Tax expenses (7688*35%) $2,691
Earnings after tax $4,997
Operating cash flow = EBIT + Depreciation expenses - Tax expenses
Operating cash flow = $11,542 + $6,415 - $2,691
Operating cash flow = $15,266
Selecting a CD. Casey has $1,000 to invest in a certificate of deposit. Her local bank offers her 2.5% on a 12-month FDIC-insured CD. A nonfinancial institution offers her 5.2% on a 12-month CD. What is the risk premium
Answer: 2.7%
Explanation:
A risk premium simply means the investment return thstna particular asset will be expected to yield which is in excess of the assets risk-free rate of return.
The risk premium will be:
= Total return - Risk free rate
= 5.2% - 2.5%
= 2.7%
Therefore, the risk premium is 2.7%.
ccounts Payable $55,000 Land $90,000 Inventory $10,500 Accounts Receivable $7,500 Equipment $8,000 Deferred Revenue $58,500 Short-term Investments $20,000 Notes Receivable (due in 8 months) $45,500 Interest Payable $2,000 Patents $75,000 What is the amount of intangible assets assuming the accounts above reflect normal activity
Answer:
The answer is "[tex]\$75,000[/tex]".
Explanation:
The immaterial assets are those assets without physical matter. It would include patents, copyright, goodwill, brand, etc. Instead of tangible assets including such equipment or computer components used to calculate the current value of a business, it improves the overall long-term value of the small company. In that instance, the intangible assets were solely patents. So the response is $75,000.
Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 100,000 units of basic, 460,000 units of classic, and 170,000 units of deluxe. Bricktan has limited production capacity of 110,000 hours. It can produce 10 units of basic, 8 units of classic, and 4 units of deluxe per hour. Contribution margin per unit is $15 for the basic, $25 for the classic, and $55 for the deluxe. What is the total contribution margin if Bricktan chooses the most profitable sales mix
Answer:
Bricktan Inc.
The total contribution margin if Bricktan chooses the most profitable sales mix is:
= $22,350,000.
Explanation:
a) Data and Calculations:
Basic Classic Deluxe
Sales units 100,000 460,000 170,000
Limited production capacity = 110,000 hours
Units per hour 10 8 4
Sales mix 10 8 4
Contribution per unit $15 $25 $55
Contribution per hour $150 $200 $220
Total production hours 10,000 57,500 42,500
Total contribution margin $1,500,000 $11,500,000 $9,350,000
Total contribution = $22,350,000
Marina collects and records data in an Excel spreadsheet. She uses the data to produce a line graph.
Marina wants to change the graph so the minimum distance on the y-axis is 0. What should be done to make this change?
A. Adjust the Minimum option to Fixed and change to 0.
B. Adjust the chart style to a 3-D chart so all the data will be displayed.
C. Adjust the selection pane so that the full range of data is selected.
D. Adjust the intervals between tick marks to -10 in the Axis Options box.
Answer:
A. Adjust the Minimum option to Fixed and change to 0.
Explanation:
Took the course
A tight oligopoly refers to: a. an industry in which the top four firms supply more than 60 percent of the market, have unstable market shares, and do not cooperate with each other. b. an industry in which a single firm has over half the market share and no close rival. c. an industry in which the top four firms supply more than 60 percent of the market, have stable market shares, and cooperate with each other. d. a single firm that controls the entire market and can block entry. e. an industry in which a single firm supplies over one-third of the entire market, the market share is stable, and the firm cooperates with other firms in the industry.
Answer:
c
Explanation:
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
price setting firms
product differentiation
profit maximisation
high barriers to entry or exit of firms
downward sloping demand curve
A tight oligopoly is when at most 8 firms hold at least 50% of the market share. there is usually cooperation among the firms
At Sheridan Electronics, it costs $30 per unit ($16 variable and $14 fixed) to make an MP3 player that normally sells for $49. A foreign wholesaler offers to buy 4,570 units at $25 each. Sheridan Electronics will incur special shipping costs of $1 per unit. Assuming that Sheridan Electronics has excess operating capacity, indicate the net income (loss) Sheridan Electronics would realize by accepting the special order.
The special order should be:________
Answer:
Reject Accept Net Income
order order increase / (decrease)
Revenues $0 $114,250 $114,250
(4570*25)
Cost - variable manufacturing $0 $73,120 ($73,120)
(4570*16)
Shipping $0 $4,570 ($4,570)
(4570*1)
Net Income $0 $36,560 $36,560
So, the special order should be accepted.
Dell has a standard usage of 1 pound direct materials. Direct materials have a standard price of $26 per pound. In April, Dell produced 4,790 units and paid $142,000 for 5,030 pounds direct materials. Calculate the direct materials quantity variance.
Answer:
the direct material quantity variance is $6,240 unfavorable
Explanation:
The computation of the direct material quantity variance is shown below:
The direct material quantity variance is
= (Actual quantity - standard quantity) × standard price
= (5,030 pounds - 4,790 pounds) × $26
= $6,240 unfavorable
Hence, the direct material quantity variance is $6,240 unfavorable
The same would be considered and relevant
Because leaders need to devise effective solutions in short time spans with limited information, they need to have Multiple Choice interpersonal abilities. conceptual skills. business skills. strategic skills. cognitive abilities.
Answer:
cognitive abilities.
Explanation:
Cognitive abilities can be regarded as skills that is a brain-based, and it's abilities that is required in carrying out different tasks, this could range from the simplest task to most complex ones. Cognitive abilities can be attributed to mechanisms of learning, remembering as well as problem-solving. It should be noted that as leaders need to devise effective solutions in short time spans with limited information, they need to have cognitive abilities.
The most important reason the selection committee should review the job
description before screening applications is to ensure that———.
A. the salary matches the job description
B. they do not select an overqualified candidate
C. the screening criteria matches the job requirements
D. the correct key words are used to screen the applications
SUBMIT
Answer: This might help.
Explanation: Look up chapter 6: selection flash cards.
Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $26.50 per hour. During July, Whitman paid $120,790 to employees for 4,700 hours worked. 2,600 units were produced during July. What is the flexible budget amount for direct labor
Answer:
$137,800
Explanation:
A flexible budget uses the standard hour and costs adjusted to Actual level of output
thus
Flexible budget amount for direct labor = 2 x 2,600 units x $26.50 = $137,800
Liu, the owner of San Diego Mortgage Solutions, a sole proprietorship, wants to obtain additional business capital to expand operations. The additional business capital is most likely limited to Group of answer choices conducting a private offering. issuing stock. bringing in partners. borrowing funds.
Answer:
borrowing funds.
Explanation:
Since the owner could not add extra partners as it would be transform into the partnership firm in the case when there is an increase in the number of owners.
In the sole propertiorship, there is only one stockholder and he cant able to issue the stock or the initial public offering
Therefore it would be limited to the borrowing funds
Assume Argentina has production possibilities to produce either 35 batches of apples or 70 batches of peaches using 100 worker hours. If it chooses to produce 15 batches of apples, how many batches of peaches can it produce
Answer:
40
Explanation:
Batches of apples produced in one hour = 35/100 = 0.35
Batches of peaches produced in one hour = 70/100 = 0.70
total hours it would take to produce 15 batches of apples = 15 / 0.35 = 42.86 = 43 hours
this would leave (100 - 43) 57 hours to make peaches
Batches of peaches that can be made in 43 hours = 57 x 0.7 = 39.9 = 40 batches
The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant. True False
Answer:
True
Explanation:
At the time when the future sum of the present value reduced and it can be either the discount rate or the number of the period on a yearly basis increased being the other things would remain the same
So the given statement is true
Hence, the same should be considered and relevant too
Robo Hot Inc., is a company that markets electric heaters to hospitals. Mr. Heatmizer, it's CEO, would ike to reduce its inventory cost by determining the optimal number of electric heaters to obtain per order. The annual demand is 100,000 units and the ordering cost is $10 per order. The carrying cost per unit is $2.00. Using these figures, calculate the expected number of orders per year.
Answer:
Expected number of orders=31.6 orders per year
Explanation:
The expected number of orders would be the Annual demand divided by the economic order quantity(EOQ).
The Economic Order Quantity (EOQ) is the order quantity that minimizes the balance of holding cost and ordering cost. At the EOQ, the holding cost is exactly the same as the ordering cost.
It is calculated as follows:
EOQ = (2× Co D)/Ch)^(1/2)
Co- ordering cost Ch - holding cost, D- annual demand
EOQ = (2× 10 × 100000/2)^(1/2)= 3162.27 units
Number of orders = Annual Demand/EOQ
= 100,000/3,162.27= 31.62 orders
Expected number of orders=31.6 orders per year
Imagine you have $30 to spend. You are thinking of buying new soccer shoes because yours
are worn out and a new video game. Which of these do you want, and which of these do you
need? Explain your answer.
Plz no links to answer
Answer:
video game
Explanation:
because I don't go outside, I'm a gamer
If demand for reserves is predected to increase temporarily, the manager of the trading desk at the New York Fed bank will likely conduct ________ open market operations to ________ reserves.
Answer:4.1
Explanation:
The Core Company had the following assets and liabilities as of December 31: Assets Cash $58,000 Accounts receivable 25,000 Inventory 20,000 Equipment 50,000 Liabilities Current portion of long-term debt $20,000 Accounts payable 12,000 Long-term debt 25,000 Calculate the current ratio, working capital, and quick ratio. If required, round your answers to one decimal place. Current Ratio fill in the blank 1 Working Capital $fill in the blank 2 Quick Ratio fill in the blank 3
Answer:
Current Ratio 3.2
Working Capital $71,000
Quick Ratio 2.6
Explanation:
Calculation to determine Current Ratio, Working Capital and Quick Ratio Correct Answer:
Current Ratio= ($58,000 + $25,000 + $20,000) / ($20,000 + $12,000)
Current Ratio= $103,000/32,000
Current Ratio = 3.2
Working Capital= $103,000 - $32,000
Working Capital= $71,000
Quick Ratio=($58,000 + $25,000) / ($20,000 + $12,000)
Quick Ratio=$83,000/$32,000
Quick Ratio= 2.6
Therefore:
Current Ratio 3.2
Working Capital $71,000
Quick Ratio 2.6
Ford Motor Co. asks members of its target market to rate its cars and those of General Motors and Chrysler on a 7-point scale in terms of two dimensions (comfortable seats and engine power) so that it can establish a quadrant-grid map of these ratings. What type of analysis is Ford conducting
Answer: Positioning
Explanation:
The analysis that Ford is using is positioning. Positioning analysis refers to the process of analyzing how the brand of a company is perceived by the marketplace.
It should be noted that when target market opportunities are identified, a company should make a comparison between the way that the brand is perceived and needs of the targeted market
On January 1, 2016, ABC Corporation purchased Equipment C for $72,000. Equipment C is expected to have a useful life of 8 years, and a salvage value of $2,400. Assume that ABC uses the straight-line method of depreciation for Equipment C. A Prepare the journal entry to record depreciation on the equipment for 2016. (5)
Answer:
Debit : Depreciation $8,700
Credit : Accumulated Depreciation $8,700
Explanation:
the journal entry to record depreciation on the equipment for 2016.
9. OMG Corporation just paid a $1.50 annual dividend on each share. It is planning on increasing its dividend by 15 percent a year for the next 4 years. The corporation will then decrease the growth rate to a rate of 4 percent per year, and keep it that way indefinitely. The required rate of return is 7.00 percent. Calculate the current value of one share of this corporation's stock.
The current value of one share of the corporation's stock is $76.59.
What is the value of the stock?The two-stage dividend model would be used to determine the value of the stock. In the two-stage dividend growth model, the first stage is characterised by a fast growth rate which becomes steady in the second stage.
Dividend in Y1 = 1.50 x 1.15 = 1.725Dividend in Y2 = 1.50 x 1.15^2 = 1.98Dividend in Y3 = 1.50 x 1.15^3 = 2.28Dividend in Y4 = 1.50 x 1.15^4 = 2.62Dividend in Y4 = (2.62 X 1.04) / (0.07 - 0.04) = 90.95Find the present value of these cash flows
Value of the stock = $76.59
To learn more about the two stage dividend model, please check: https://brainly.com/question/26564273
Which one of these equations is an accurate expression of the balance sheet? Assets ≡ Liabilities −Stockholders’ equity Stockholders’ equity ≡ Assets + Liabilities Liabilities ≡ Stockholders’ equity −Assets Assets ≡ Stockholders’ equity −Liabilities Stockholders’ equity ≡ Assets −Liabilities
Answer:
Stockholders’ equity ≡ Assets −Liabilities
Explanation:
The Balance Sheet equation is also known as the Accounting equation. It can be written in 3 ways as :
Assets = Equity + Liabilities
or
Equity = Assets - Liabilities
or
Liabilities = Assets - Equity
Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 20Y5 20Y6 Net income $1,538,000 $2,485,700 Preferred dividends $50,000 $50,000 Average number of common shares outstanding 80,000 shares 115,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. 20Y5 20Y6 Earnings per Share $fill in the blank 1 $fill in the blank 2 b. Is the change in the earnings per share from 20Y5 to
Answer:
1. Earnings per share = (Net income - Preferred Dividend) / Average Common Stock EPS
Earnings per share 20Y5 = (1538000 - 50000) / 80000
Earnings per share 20Y5 = $18.60
Earnings per share 20Y6 = (2485700 - 50000) / 115000
Earnings per share 20Y6 = $21.18
2. The charnge in EPS is Favourable because there is increase in Earnings per share over the year.
can you have a sloth as a pet
Answer:
in most places yes
Explanation:
they are hard to care for tho
Answer:
i mean Ig it depends on if you need a license or have to pay alot for it
have a good day :)
Explanation:
Marx, Inc. has a net income of $600,000 for 2012, and there are 400,000 weighted-average shares of common stock outstanding. Dividends declared and paid during the year amounted to $80,000 on the preferred stock and $120,000 on the common stock. The earnings per share for 2012 is Group of answer choices
Answer:
$1.3
Explanation:
Net income = $600,000
Outstanding shares = 400,000
Dividends paid = $80,000
So, by using earning per share formula,
Earning per share = (Net income - Dividends paid) ÷ outstanding shares
By putting the value, we get
Earning per share = ($600,000 - $80,000) ÷ 400,000
= $520,000 ÷ 400,000
= $1.3
Hence, the earning per share for 2012 is $1.3.
Due to an error in computing depreciation expense, Crote Corporation understated accumulated depreciation by $48 million as of December 31, 2021. Crore has a tax rate of 25%. Crores retained earnings as of December 31, 2021, would be: (Round million answer to 2 decimal places.) Multiple Choice
Answer: Overstated by $12 million.
Explanation:
Since Crote Corporation understated accumulated depreciation by $48 million as of December 31, 2021 and has a tax rate of 25%.
Crores retained earnings as of December 31, 2021, would be overstated in the amount of:
= $48 million × 25%
= $48 million × 0.25
= $12 million
Crores retained earnings as of December 31, 2021, would be overstated by $12 million.
4. Both the concentration and Herfindahl indices computed by the U.S. Bureau of Census tends to overstate the actual level. In addition, they understate the degree of concentration in local markets (gasoline, for example). Explain why we make these statements.
Answer:
The use of data aggregation leads to overstatement of the concentration and Herfindahl indices
while the use of National/state data leads to understatement of the degree of concentration in local markets.
Explanation:
The ratio of concentration and Herfindahl indices computed are mainly made up of foreign players while the contributions of small local unorganized players are not considered, which leads to the increase in the value of indices and ratios been used, ( i.e. The use of data aggregation ) . hence the overstatement of the actual level.
The understatement of the degree of concentration in local markets happens because of the use of national and state data while computing the concentration in the local markets like gasoline and this is mainly caused by the presence of fewer industries in the market. The state and national data does not reflect the true concentration in the local market hence the degree of concentration is understated at the local level.
C Corporation reported accounts receivable balance 600 at the beginning of the year and 850 at the end of the year. Allowance for bad debts was 20 at the beginning of the year and 25 at the end of the year. Sales revenues were $1,900 and bad debt expense was $28 for the year. Net income for the year was $500. How much cash was collected from customers on account
Answer: $1,627
Explanation:
Cash collected from customers on account is:
= Beginning accounts receivable + Sales - Ending accounts receivable - Bad debt written off
Bad debt written off = Beginning allowance + Bad debt expense for the year - ending allowance
= 20 + 28 - 25
= $23
Cash collected:
= 600 + 1,900 - 850 - 23
= $1,627
Hallie painted a picture and wanted to make it available for sale on the
Internet. How can she best protect her work from intellectual property theft?
O A. Hire a security guard
B. Hire an intellectual property lawyer
C. Add a watermark
a
O D. Change her password
Answer:
c adding a watermark they cannot remove it if they copy picture off the internet.
The correct option is C.
What does a watermark mean?Watermarking is the process of superimposing a logo or piece of text atop a document or image file, and it's an important process when it comes to both the copyright protection and marketing of digital works.
What is a watermark on a photo?A watermark is a logo, piece of text, or signature superimposed onto a photograph. Watermarks are typically transparent, so those viewing the image can still admire it. You can usually identify the photographer through the watermark, too.
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. Confusion Corp is expected to pay a dividend of $2 in the upcoming year. The risk-free rate of return is 4%, and the expected return on the market portfolio is 14%. Analysts expect the price of Confusion Corp shares to be $22 a year from now. The beta of Confusion Corp's stock is 1.25. What is the intrinsic value of Confusion's stock today
Answer:
$20.60
Explanation:
Required Return of Stock = Risk free Rate + Beta*(Expected Return of market - Risk free Rate)
Required Return of Stock = 16.5% (4% + 1.25*(14% - 4%)), Expected Dividend in upcoming year(D1) = $2, Expected Price 1 years from now(P1) = $22
Intrinsic value of Confusion's stock today (P0):
P0 = (D1 + P) / (1 + Ke)^1
P0 = (2 + 22) (1 + 0.165)^1
P0 = 24 / 1.165
P0 = 20.60086
P0 = $20.60