Answer: $25,000
Explanation:
When a company owns less than 20% of another company and receives dividends from that company, they are allowed to deduct 50% of that dividend for tax purposes.
Bay Fig owns 10%(less than 20%) of the domestic corporations so qualifies for the 50% reduction:
= Dividends * 50%
= 50,000 * 50%
= $25,000
The balance sheet of Cranium Gaming reports total assets of $380,000 and $680,000 at the beginning and end of the year, respectively. Sales revenues are $1.30 million, net income is $63,000, and operating cash flows are $54,000. Calculate the cash return on assets, cash flow to sales, and asset turnover for Cranium Gaming. (Enter your answers in dollars, not millions (i.e., $10.1 million should be entered as 10,100,000).)
Answer:
See below
Explanation:
1. Cash return on assets
= Operating cash flow / Average total asset
Operating cash flows = $54,000
Average total asset = [($380,000 + $680,000) / 2] = $530,000
Cash return on assets
= $54,000 / $530,000
= 10.19%
2. Cash flow to sales
= Operating cash flows / Net sales
Operating cash flows = $54,000
Net sales = $1,300,000
Cash flow to sales
= $54,000 / $1,300,000
= 4.15%
3. Asset turnover
= Net sales / Average total assets
Net sales = $1,300,000
Average total assets = $530,000
Asset turnover
= $1,300,000 / $530,000
= 2.5 times
Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard deviation of 16%. B has an expected rate of return of 8% and a standard deviation of 12%. The risk-free portfolio that can be formed with the two securities will earn a(n) _____ rate of return.
4. Suppose that the exchange rate adjusts so that interest-rate parity holds. Further, suppose the interest rate on a one-year South Koran bond is 6 percent and the interest rate on a one-year U.S. bond is 2 percent. a) If you expect the exchange rate in one year to be 1,100 South Korean won per USD, what is the exchange rate today
Answer:
The exchange rate today is 1,058.5
Explanation:
Interest rate on 1 year South Korean bond = 6% or 0.06
Interest rate on 1 year U.S. bond = 2% or 0.02
Expected Exchange rate in 1 year = 1,100 South Korean won per USD. Let the Exchange rate today = x
[(Interest rate on South Korean bond - Interest rate on U.S. bond)/(1 + Interest rate on 1 year U.S. bond)] + 1 = (Expected Exchange rate in 1 year)/(Expected Exchange rate today)
[(0.06 - 0.02)/(1 + 0.02)] + 1 = 1,100/x
x = [0.04/1.02] + 1 = 1,100/x
x = 1,100/1.0392
x = 1,058.50
So therefore, the exchange rate today is 1,058.5
Grace is a self-employed sales consultant who spends significant time entertaining potential customers. She keeps all the appropriate records to substantiate her entertainment. She has the following expenses in the current year:
Meals where business was conducted $5,000 Greens fees (all business) 500
Tickets to baseball games (all business) 500
Country Club dues (all business use) 6,000
What are the tax-deductible meals and entertainment expenses Grace may claim in the current year? On which tax form should she claim the deduction?
Answer:
any options?
Explanation:
Answer: Schedule C
Explanation:
Young Company has the following assets and liabilities: Assets Cash $35,000 Accounts receivable 15,000 Inventory 30,000 Equipment 50,000 Liabilities Current portion of long-term debt $10,000 Accounts payable 2,000 Long-term debt 25,000 Determine the quick ratio (rounded to one decimal point).
Answer: 4.2
Explanation:
The quick ratio will be calculated as:
= Current assets / Current liabilities
where,
Current asset = Cash + Account receivable = $35000 + $15000 = $50000
Current liabilities = Long term debt + Account payable = $10000 + $2000 = $12000
Quick ratio = Current assets / Current liabilities
= $50000 / $12000
= 4.2
In a proposal to install and monitor a security system statements such as "our company has over 25 years of experience" should appear in what section
Introduction
Body
Closing
Appendix
Joelle, a designer for a business
Answer:
that's really nice to hear but is this suppose to be an English assignment?
a. Simulation can be used to analyze large and complex real-world situations that cannot be solved by using conventional quantitative analysis models b. Simulation can answer what-if types of questions c. Simulation can be used to study the interactive effect of individual components or variables in order to determine which ones are important d. All of the above statements are correct
Answer:
D). All of the above statements are correct.
Explanation:
Simulation can be described as the process designed to offer a realistic experience in order to know the actual mechanism of a specific behavior or outcome.
As per the question, 'all the given statements' are asserting true claims with respect to simulation. Simulation is characterized as an effective process for evaluating large and complicated actual-world circumstances as it is a realistic environment to know the truth and actual causes behind those situations. Such situations cannot be assessed truly using the traditional quantitative models of analysis. It is able to provide answers to the questions like 'what-if' as it observes the realistic nature and promotes effective decision-making. It is also employed to investigate the collective effect of specific variables or components to categorize them as important or not-important as it closely observes every aspect. Thus, option D is the correct answer.
A stock price (which pays no dividends) is $48 and the strike price of a two year European put option is $54. The risk-free rate is 3% (continuously compounded). Which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound?
A. $4.00.
B. $3.86.
C. $2.86.
D. $0.86.
Answer:
sorry i needed points
Explanation:
John Company could buy a machine that costs $72,000. It is estimated that it earn nothing until year five, then earn $150,000 in year 5. If the discount figures are .567 for cash received at the end of five years and 3.605 for payments received every year for five years, what is the net present value for this machine
Answer:
$13,050
Explanation:
Net present value is a method of capital budgeting.
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Net present value = (cash flow in year 5 x year 5 discount rate) - Initial Investment
($150,000 x 0.567) - $72,000
85,050 - $72,000 = $13,050
g Segmented Markets Theory of the Yield Curve A. Notes or bonds of different maturities are not substitutes for each other B. Notes or bonds of different maturities are substitutes for each other C. Notes or bonds of different maturities are inversions of each other D. Explains why the yield curve is normally downward sloping
Answer:
A
Explanation:
The segmented Markets Theory of the Yield Curve is a traditional theory explaining the term structure of interest rates
According to the theory, the yield curve is divided into different maturities and investors determine the yield curve by their demand and supply for funds of different maturities.
Each maturity is viewed as a segmented market in which the yield is determined independently from the yields of other maturities
The theory assumes that investors are unwilling or unable to invest in other securities than that with their preferred maturity. As a result, the yield of securities in a maturity is determined only by the demand and supply of funds in that maturity. It also implies that Notes or bonds of different maturities are not substitutes for each other
On June 1, 20X1, Conner Company, a new firm, paid $4,300 rent in advance for a five-month period. The $4,300 was debited to the Prepaid Rent account. On June 1, 20X1, the firm bought supplies for $7,250. The $7,250 was debited to the Supplies account. An inventory of supplies at the end of June showed that items costing $2,950 were on hand. On June 1, 20X1, the firm bought equipment costing $44,160. The equipment has an expected useful life of 8 years and no salvage value. The firm will use the straight-line method of depreciation. Prepare end-of-June adjusting entries for Conner Company.
Answer:
No Account and explanation Debit Credit
1. Rent expense ($4,300/5) $860
Prepaid rent $860
(To record adjusted rent expense)
2. Supplies expense (7,250-2,950) $4,300
Supplies $4,300
(To record adjusted supplies)
3. Depreciation expense $460
[(44,160/8)/12]
Accumulated depreciation $460
(To record depreciation)
Which of these are considered both short- and long-term investments? Select four options.
CDs
stocks
savings accounts
mutual funds
bonds
commodities
Edge answers please
Answer:
CDs
Stocks
Mutual funds
Commodities
Explanation:
:)
'Investments' are defined as the 'process of allocating money having an aim of receiving a profit.'
The items that can be considered as both the short, as well as, long-term investments would be:
A). CDs
B). Stocks
C). Mutual funds
E). Commodities
A CD or Certificate of Deposit(CD) is characterized as both the 'short, as well as, long-term' investment because it provides interest and offers a lump-sum on its maturity. Stocks are also such an investment as it offers both intra-day trade and long-term holding options as well. Mutual funds are also a good option for generating both regular incomes in the short-term and big capital gain over a time period. Commodities like gold, crude oil, etc. also offer such an option as it is the item whose price keeps growing and thereby providing an opportunity to earn.Thus, options A, B, C, and E are the correct answers.
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Logan Company can sell all of the standard and premier products they can produce, but it has limited production capacity. It can produce 6 standard units per hour or 5 premier units per hour, and it has 39,000 production hours available. Contribution margin per unit is $21 for the standard product and $25 for the premier product. What is the most profitable sales mix for Logan Company
Answer:
234,000 standard units
Explanation:
Standard unit Premier unit
Contribution margin per unit $25 $21
Production hour per unit 1/6 1/5
Contribution margin per production hour $150 $105
Contribution margin per production hour is higher for standard units, hence Logan company should produce standard units.
Total production hours available = 39,000
Production per hour of standard unit = 6
Maximum production of standard units = Total production hours available * Production per hour of standard unit
Maximum production of standard units = 39,000 * 6
Maximum production of standard units = 234,000
Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank offers to lend you the $50,000, but it will charge 6.0%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks? a. 1.56% b. 1.30% c. 0.72% d. 0.91% e. 1.09%
Answer: d. 0.91%
Explanation:
Farmers Bank
Effective annual rate is calculated with the formula:
= (1 + Rate / number of compounding period in a year) ^ number of compounding periods in a year - 1
= ( 1 + 5%/4 quarters) ⁴ - 1
= 5.09%
Merchants bank's rate is already an annual figure so there is no need for conversion.
Difference is:
= 6% - 5.09%
= 0.91%
True or False ?
Classifying authority and power is part of the organization process and structure.
organizing can be defined as
Organizing simply refers to the execution of plans, by assigning jobs as well as the successful deployment of resources for a specific result/aim/goal.
Feel free to mark as brainliest :D
ILL GIVE BRAINLIEST Jessie has been renting for several years and although many of his friends have purchased a home, Jessie believes renting is best for him. What is one advantage Jessie receives from renting? *
A. privacy
B. tax deductions received
C. greater flexibility in moving
D. ability to make permanent changes to his apartment
Answer:
B and D
Explanation:
Answer:
maybe it is c greater flexibility in moving
or none of them are that much profit
_____________ planning focuses on delivering products or services to consumers as well as warehousing, delivering, invoicing, and payment collection.
Answer:
Distribution
Explanation:
Distribution is one of the phases in production. It is often said that production is not complete until goods and services gets to the final consumers. Distribution planning entails getting the goods produced to consumers as well as warehousing them. It also entails delivery, invoicing and payment collections.
As the last chain in production processes, distribution planning makes goods and services produced gets to the final consumes whilst also taking care of the logistics involved and payment collections.
WILL GIVE BRAINLIEST PLS ANSWER
Kato is getting ready to sign a complicated contract at work. What is the BEST advice for him?
A.
Obtain an exact copy of the contract at the time it is signed.
B.
Don’t waste everyone’s time by reading every single word.
C.
Lawyers are not helpful when dealing with contracts.
D.
Leave blank spaces empty, as they will be filled in after you sign the contract.
The best advice for Kato while signing the contract at work is to obtain an exact copy of the contract at the time it is signed. Thus the correct answer is A.
What is the contract?A contract refers to an agreement chosen by giving an offer and acceptance by both the parties involved with the enforceability of law.
When Kato is getting ready to sign a challenging contract at work, he should make sure to get an exact copy of the document. This helps him to keep evidence so that he can utilize it in future references.
The exact copy of the contract helps him to remember things clearly by revising at home.
Therefore, option A is appropriate.
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Waterpark Co. had a decrease in deferred tax liability of $38 million, a decrease in deferred tax assets of $28 million, and an increase in tax payable of $118 million. The company is subject to a tax rate of 25%. The total income tax expense for the year was: Group of answer choices
Answer:
the total income tax expense is $208 million
Explanation:
The computation of the total income tax expense for the year is shown below;
Income tax expense = Increase in tax payable + decrease in deferred tax assets - decrease in deferred tax liability
= $118 million + $128 million - $38 million
= $208 million
Hence, the total income tax expense is $208 million
The Federal Open Market Committee a. by law must focus on maintaining low inflation rather than stabilizing output. b. by law must follow a mechanical rule that takes into account deviations of unemployment from its natural rate and deviations of inflation from a target. c. operates with almost complete discretion over monetary policy. d. by law must focus on stabilizing output rather than maintaining low inflation.
Answer:
c. operates with almost complete discretion over monetary policy.
Explanation:
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
The FOMC are typically responsible for making monetary policy and the determination of the direction of the monetary policy in the United States of America.
Hence, the Federal Open Market Committee (FOMC) are saddled with the responsibility to operate with almost complete discretion of its members over monetary policy in a particular country.
In supply chain, the bullwhip effect produces progressively larger inventories as demand variation increases upstream. A primary reason for this supply behavior is: Select one: a. Suppliers announce price reduction. b. Supply shortages stimulate small lot size production. c. Perceived shortage causes buyers to inflate orders. d. Suppliers increa
Answer:
c. Perceived shortage causes buyers to inflate orders.
Explanation:
The bullwhip effect phenomenon is when the demand forecasts of buyers of a product results in supply inefficiencies.
Demand and supply are related in that an increase in supply results in lower prices of goods and demand rises, and vice versa.
In the bullwhip phenomenon available inventory of a product varies on the basis of demand.
For example an increase in perceived demand for a product will result in an increase in inventory from the supplier and price goes down.
On the other hand when there is a perceived shortage of a product buyers will tend to inflate orders and price will eventually rise
On January 1, Tundo Company borrowed $190,000 to purchase machinery and agreed to pay 8% interest for six years on an installment note requiring equal payments that are due on the last day of the year. What is the carrying value of the loan at the end of the first year (requires use of present value tables)
Answer: $164,100
Explanation:
Based on the information given, the carrying value of the loan at the end of the first year will be calculated thus:
First, we'll calculate the annual equal installments which will be:
= $190,000 / [1 - (1 + 8%)^-6 / 8%]
= $190,000 / [1 - (1+0.08)^-6) /0.08]
=$41100.
Then, the interest epense for the first year will be:
= $190,000 × 8%
= $190000 × 0.08
= $15,200
The reduction in the principal amount with from borrowing will be:
= $41100 - $15,200
= $25,900
Therefore, the carrying value of the loan at end of first year will be:
= $190,000 - $25,900
= $164,100
The discount rate used to calculate the net present value of a capital budgeting project should be: a. The risk-free rate. b. The weighted average cost of capital. c. LIBOR. d. The internal rate of return.
Answer:
B
Explanation:
Capital budgeting is the determination of the profitability of proposed investments
One of the capital budgeting methods is the net present value
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
the Weighted cost of capital is used to determine NPV
WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate)
It is the minimum rate of return a company expects from a project
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a captial budgeting method
the authors cited statistical evidence that the price elasticity of demand for royal crown cola is -2.4, and the price elasticity of demand for coke is roughly -5.5. Which firm likely has stronger brand loyalty among customers that provides greater potential for monopoly power in the cola market
Answer:
royal crown cola
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded
both companies have an elastic demand because their coefficient of elasticities is greater than 1. Coke has a higher elasticity as a result, consumers would respond sharply to changes in price. this makes them enjoy less brand loyalty when compared with royal crown cola that has a lower elasticity of demand
A process is in control and centered at nominal. Output from the process is normally distributed and the process capability index, Cp, equals 1.02. Determine the expected number of nonconforming units that will result from a production run of 20,000 units. Assume that all previously stated conditions regarding the process remain as described during the production run of 20,000 units.
Answer:
44 nonconforming units
Explanation:
Calculate The expected number of nonconforming units
Given that :
Cp = 1.02
number of units ( N ) = 20,000
standard deviation of defective units = 3 * 1.02 = 3.06
proportion of defective units = 1 - P ( -3.06 < Z < 3.06)
= 1 - ( 0.9989 - 0.0011 ) = 1 - 0.9978 = 0.0022
Hence the number of nonconforming units
= N * proportion of defective units
= 20,000 * 0.0022 = 44
g Mr. and Mrs. David file a joint tax return. They have $169,300 taxable income in 2020, $120,300 of which is ordinary income and $49,000 of which is taxed at a 15% preferential rate. Compute their tax savings from the preferential rate.
Answer:
$5,860
Explanation:
Computation for their tax savings from the preferential rate
First step is to calculate their tax liability
Using this formula
Tax liability =[Tax amount on $169,300 ordinary income-(Tax Amount on $120,300 ordinary income +Tax amount on $49,000 preferential income)]
Let plug in the formula
Tax Savings=[$35,648-($22,438+$7,350)]
Tax Savings=$35,648-$29,788
Tax Savings=$5,860
Therefore their tax savings from the preferential rate is $5,860
Sonia creates tests for judging product safety and advises companies about how to reduce harm from use or misuse of the product. What is her career?
a) Environmental Restoration Planner
b) Non-Deductive Testing Specialist
c) Materials Engineer
d) Product Safety Engineer
Answer:
D) Product safety Engineer
Explanation:
The Beranek Company, whose stock price is now $30, needs to raise $13 million in common stock. Underwriters have informed the firm's management that they must price the new issue to the public at $25 per share because of signaling effects. The underwriters' compensation will be 6% of the issue price, so Beranek will net $23.50 per share. The firm will also incur expenses in the amount of $165,000. How many shares must the firm sell to net $13 million after underwriting and flotation expenses
Answer:
858,085 shares must be sold
Explanation:
Net amount to be raised $ 13,000,000
Add: floatation expenses 165,000
Amount to be available after
payment of underwriting compensation 20,165,000
No of shares to be issued at 23.50 $ = 20,165,000/23.50 = shares, rounded off to 858,085 shares.
858,085 shares must be sold