Answer:
Total Assets = 4600 ,Total Liabilities = 4,600
Explanation:
Given:
Deposits = 4,600 million
Reserve requirement = 10% of deposits
Computation:
Reserve requirement = 10% x 4,600 million
Reserve requirement = 460 million
Total Assets = Reserves + Outstanding Loan
Outstanding Loan = Deposits - Reserve requirement
Outstanding Loan = 4,600 million - 460 million
Outstanding Loan = 4,140 million
Balance sheet:
Assets: Liabilities:
Reserves 460 Deposits 4,600
Loans 4140
Total Assets 4600 Total Liabilities 4,600
Reserve requirement = 8%
Reserves requirement = 8% x 4,600
requirement = 368 million
Outstanding Loans = 4,600 - 368
Outstanding = 4,232 million
New Balance sheet:
Assets: Liabilities:
Reserves 368 Deposits 4,600
Loans 4,232
Total Assets 4600 Total Liabilities 4,600
At the beginning of its fiscal year, Lakeside Inc. leased office space to LTT Corporation under a ten-year operating lease agreement. The contract calls for quarterly rent payments of $28,000 each. The office building was acquired by Lakeside at a cost of $2.3 million and was expected to have a useful life of 25 years with no residual value.
What will be the effect of the lease on Lakeside's earnings for the first year (ignore taxes)?
Lakeside increases its earnings by $__________
Answer: $20,000
Explanation:
The effect of the lease on Lakeside's earnings will be the difference between the earnings from the lease and the cost of the building which will be depreciation.
Depreciation = 2,300,000/25
= $92,000 per year
Earnings per year;
= 28,000 * 4
= $112,000
Increase in earnings = 112,000 - 92,000
= $20,000
Simms Corp. is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected.
Year 0123
Cash flow -$1000 $425 $425 $425
a. 13.87%
b. 13.21%
c. 15.29%
d. 12.55%
e. 14.56%
Answer:
the project's IRR is b. 13.21%
Explanation:
The Internal Rate of Return (IRR) of a Project is interest rate that causes the the Present Values of the Project Cashflows to equal the price of the Initial Investment.
This can be calculated using a financial calculator as follows ;
-$1000 CFj
$425 CFj
$425 CFj
$425 CFj
Then Shift IRR/YR we get 13.2054 % that is 13.21%.
What evidence demonstrating your own leadership development have you gathered so far? (please list)
Answer:
The evidence that shows my own leadership development is:
Communication capacity Organization Calm and rationality proactivity ability to work as a team.Explanation:
Although there is still a long way to go for me to consider that I have a strong leadership spirit, I can consider some evidences in my personality and my abilities that announce that I have developed as a leader. Among these evidences I can mention my ability to communicate with people, explaining concepts and attitudes that we must have to reach our goals. This is linked to my ability to work as a team, managing it to success.
They are also a calm and rational person, which shows that I will have good control in the face of difficulties that may arise, without forgetting that I am very proactive and organized, which will facilitate the work to be done.
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an invoice with a list price amount of $6,200 and payment terms of 2/10, n/30. Alison uses the net method to record purchases. Alison should record the purchase at:
a. $3,038.
b. $6,200.
c. $6,076.
d. $6,324.
Answer:
c. $6,076
Explanation:
Calculation for what Alison should record the purchase
Purchase=$6,200 ×(100%-2%)
Purchase=$6,200 ×98%
Purchase=$6,076
Therefore if Alison uses the net method to record purchases she should record the purchase at:$6,076
What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from today
Answer:
19.91 %
Explanation:
The Internal Rate of Return (IRR) is the Interest rate that will make the present values of cashflows equal to the price of the Initial investment.
Calculation of IRR of Project A using a Financial Calculator :
($100,000) CFj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
Shift IRR/YR 19.9054 or 19.91 %
A department store has budgeted sales of 12,000 men's coats in September. Management wants to have 6,000 coats in inventory at the end of the month to prepare for the winter season. Beginning inventory for September is expected to be 4,000 coats. What is the dollar amount of the purchase of suits if each coat has a cost of $75? Each suit has a cost of $75.
Answer: $1,050,000
Explanation:
The dollar amount of the purchase of suits if each coat has a cost of $75 can. Be calculated as thus:
Budgeted sales = 12000
Add: sales inventory = 6000
Less: September beginning inventory = 4000
Required purchase for September will now be:
= 12000 + 6000 - 4000
= 14000
The dollar amount will be:
= 14000 × $75
= $1,050,000
Some people claim to have found physical evidence for the existence of the soul. Duncan McDougall, for example, placed dying people on a very precise scale and found that they lost between ¾ oz. and 1½ oz. at the moment of death. Does this prove the existence of a Cartesian soul? (Descartes' conception of the mind/soul).
Answer:
No
Explanation:
The information that Duncan McDougall has discovered does not prove the existence of a Cartesian Soul because it does not clearly tie the missing weight to the soul. Other scientists believe that the lost weight upon death is simply due to the body's excessive sweating and that the lost weight can be accounted for as liquids that have left the body and not a Cartesian Soul. Therefore, unless there is a clear and undeniable link between the lost body weight and a Cartesian Soul it does not prove anything.
Outstanding debt of Home Depot trades with a yield to maturity of 5%. The tax rate of Home Depot is 40%. What is the effective cost of debt of Home Depot
Answer:
3.00%
Explanation:
The effective cost of debt of Home Depot = 5%*(1 - 0.40)
The effective cost of debt of Home Depot = 0.05*0.60
The effective cost of debt of Home Depot = 0.03
The effective cost of debt of Home Depot = 3.00%
Avery Co. has $1.1 million of debt, $1 million of preferred stock, and $2.2 million of common equity. What would be its weight on debt
Answer:
0.26
Explanation:
Given that :
Value of debt = $1.1 million
Value of preferred stock = $1 million
Value of common equity = $2.2 million
Total value of company's funds :
(value of debt + value of Preffered stock + value of common equity)
(1.1 + 1 + 2.2) million
= $4.3 million
Hence, weight of debt :
Value of debt / total value of company's funds
$1.1 million / $4.3 million
= 0.2558
= 0.26
What is the difference between earnings per share (EPS), funds from operations (FFO), adjusted funds from operations (AFFO), and dividends per share?
Answer:
Earnings per share is defined as the net earnings/ profit of a company divided by the number of common stock outstanding. It therefore shows just how much the company made per individual share.
Funds from Operations (FFO) on the other hand refer to cashflow from operations of Real Estate Investment Trusts (REITs). REITS use this as their EPS and so it is sometimes quoted per-share.
Adjusted Funds From Operations (AFFO) are calculated in similar fashion to FFOs and used by REITS as well. This one adjusts the FFO for costs incurred which means it is more accurate and so preferred over FFO.
Dividend per share is the amount of dividend that has been paid to each share within a period. This definition means that even interim dividends are included in the calculation which is done by dividing the total dividends over a period by the number of outstanding shares a company has.
Considering the needs of a global audience is essential to success in the hospitality and tourism industry?
Answer:
True
Explanation:
In simple words, the hospitality and tourism industry refers to the activities related to accommodation, restaurant and tourism etc. In such industries the main focus of the companies is the comfort and joy of their clients. This becomes difficult to implement as every individual have different needs and circumstances. Thus, the planning of activities should be made in such a way that it suited the global audience.
when did among us come out?
2017
2018
2016
2015
Answer:
2018
Explanation:
smarts i have been playing it science the begining
Answer:
2018!?
Explanation:
Whenever significant expansionary policies are implemented and left in place for at least half a year or more, the likely result is:_____.
Answer:
It starts effecting price level - inflationary pressure in economy.
Explanation:
Expansionary policies are aimed at increasing Aggregate Demand, by Fiscal or monetary approach.
Fiscal expansion policy include increasing government public expenditure, reducing government tax revenue. Monetary Expansion policy aim include credit expansion - from decreased LRR, decreased bank rate, decreased marginal requirement etc
Significant expansion policy left for more than half an year, start exerting inflationary pressure on the economy price level.
Answer:
high inflation or reduced government spending
Explanation:
Samson purchased some equipment for $86,749 on March 15, 2017. He decided he did not need the equipment and sold it on March 10, 2018 for $82,000. The equipment was subject to depreciation of $16,851 for 2017 and 2018. What gain or loss will Samson recognize on the sale of the equipment?
A. $4,749 ordinary loss.
B. $12,102 ordinary gain.
C. $12,102 capital gain.
D. $4,749 capital loss.
Information on Kimble Company's direct labor costs for the month of January is as follows:________. Actual direct labor hours 34,800 Standard direct labor hours 35,600 Total direct labor payroll $ 269,700 Direct labor efficiency variance-favorable $ 5,600 What is Kimble's direct labor rate variance?
Answer:
Direct labor rate variance= $26,100 unfavorable
Explanation:
To calculate the direct labor rate variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Actual rate= 269,700/34,800= $7.75
First, we need to calculate the standard rate:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
5,600 = (35,600 - 34,800)*standard rate
5,600/800= standard rate
$7= standard rate
Now, the direct labor rate variance:
Direct labor rate variance= (7 - 7.75)*34,800
Direct labor rate variance= $26,100 unfavorable
Trying to solve every problem on your own shows that you are responsible true or false
Answer:
True
Explanation:
What kind of question is this?
Answer:
I solve questions that I recognize
You are analyzing the cost of capital for a firm that is financed with $300 million of equity and $200 million of debt. The cost of debt is 9 percent, while the cost of equity is 19 percent. What is the overall cost of capital for the firm?
Answer:
15.00 %
Explanation:
The cost of capital for the firm is the return that is required by the providers of long term permanent sources of finance. Such as equity and debt. Thus cost of capital works on the premise of Pooling of Funds and the thus the Cost of the Capital should be on a Weighted Average of all costs of the long term permanent sources of finance.
Weight of Equity = $300 ÷ ($300 + $200)
= 0.6
Weighted Cost of Equity = 19.00 % × 0.6
= 11.40 %
Weight of Debt = $200 ÷ ($300 + $200)
= 0.4
Weighted Cost of Equity = 9.00 % × 0.4
= 3.60 %
Therefore,
Cost of capital for the firm = 11.40 % + 3.60 %
= 15.00 %
Maria, a certified financial planner, must also be a licensed attorney to be appointed Trustee of a bankruptcy estate. A. True B. False
Answer: False
Explanation:
Bankruptcy Trustees are usually lawyers and this is why people think that they must always be lawyers but this is not the case.
The United States Trustee who is an officer of the Department of Justice and the one in charge of appointing Bankruptcy Trustees, can appoint a person other than a licensed attorney to be the representative of an estate for bankruptcy related matters (trustee) such as accountants or financial planners.
What are three major technology advancements that made it possible for Amazon to succeed in starting up the industry of online business?
Answer:
The internet. The introduction of Wi-FiThe introduction of websites
PLS HELP ASAP
Owners equity includes (______), which is the amount of profits that your business has been able to save over the past few years.
__ involves having a variety of investments in your __
Answer
Diverting, and Savings
Explanation:
That dummy said say hey. Like that's the answer what a loser. I hope this is right sorry if its wrong that's what i got.
Answer:
Diverting involves having a variety of investments in your savings.
Explanation:
A seller (or provider) of goods or services to a business organization is known as a:
A Vendor.
B Payee.
C Vendee.
D Creditor.
E Debtor.
Answer:
A. Vendor.
Explanation:
This individual or company would be known as a vendor. These individual/company offer others a specific good or service for their own personal or commercial use. These individuals/companies make money by manufacturing the product and selling them to others and making a profit in the process. Usually they also sell these products in bulk which still nets them good profit and provides a cheaper price to the buyer.
Lockard Company purchased machinery on January 1, 2020, for $80,000. The machinery is estimated to have a salvage value of $8,000 after a useful life of 8 years. A) Compute 2020 depreciation expense using the straight-line method. B) Compute 2020 depreciation expense using the straight-line method assuming the machinery was purchased on September 1, 2020.
Answer:
a) $9,000
b) $3,000
Explanation:
The calculation of the depreciation expense for each of the following cases
a)
As we know that
= (Purchase cost of machinery - estimated salvage value) ÷ (useful life)
= ($80,000 - $8,000) ÷ (8 years)
= ($72,000) ÷ (8 years)
= $9,000
b) Since the asset purchased as on Sep 1, 2020 so the depreciation expenses would be charged for four months i.e. From September to December.
Also at the same time we assume the books are closed as on Dec 31,2020
Therefore, the depreciation expense is
= $9,000 × 4 months ÷ 12 months
= $3,000
Jackie is considering obtaining a mortgage of $333,000.A lower APR is available,but she must pay 1.75 points to buy the rate down.How much must Jackie pay in dollars?
A) $1,357
B) $3,300
C) $5,828
D) $8,333
How you will gather and formulate your data
Answer:
1.Identify issues and/or opportunities for collecting data. ...2.Select issue(s) and/or opportunity(ies) and set goals.3.Plan an approach and methods. ...4.Collect data. ...5.Analyze and interpret data. ...6.Act on results.
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, the machine produces 84,500 units of product. Determine the machines' second year depreciation under the double-declining-balance method.A. $16,900.B. $16,000.C. $17,400.D. $18,379.E. $20,880.
Answer:
$13,920
Explanation:
Calculation to Determine the machines' second year depreciation under the double-declining-balance method
First step is to calculate the depreciation rate
Using this formula
Depreciation rate = 100% / Useful life *2
Let plug in the formula
Depreciation rate == (100%/5years) * 2
Depreciation rate =40%
Second Step
Year 1 =$87,000 *40% *2
Year 1= $69,600
Third step is to Determine the machines' second year depreciation under the double-declining-balance method
Year 2 Depreciation = ($87,000 - $69,600) *40% *2
Year 2 Depreciation= $13,920
Therefore the machines' second year depreciation under the double-declining-balance method will be $13,920
Which of the following government agencies is responsible for managing the
money supply in the United States?
A. The U.S. Mint
B. Congress
C. The Federal Reserve Bank
O D. The Department of the Treasury
Answer:
Explanation:
C The Federal reserve Bank
The government agency that is responsible for managing the money supply in the United States is the Federal Reserve Bank.
What do you mean by money supply?Money supply refers to the total amount of money held by the public for a particular point.
The money supply in the U.S. is controlled by the U.S. Federal Reserve. The federal reserve is the central banking system of the United States of America. It serves as the lender of last resort to the major banking institutions.
Therefore, C is the correct option.
Learn more about Money Supply here:
https://brainly.com/question/24249291
Which stage of an industry's growth cycle offers the greatest opportunity for an investor who is seeking capital gains?
a. initial development
b. mature growth
c. stability or decline
d. rapid expansion
Answer:
d. rapid expansion
Explanation:
The main objective of an investor is to invest his capital in an industry that generates profits. Therefore, analyzing the above question, it is correct to say that an organization that is expanding its business quickly, is achieving success in the market in which it operates, so this alternative is ideal for an investor seeking capital gains.
Initial development would be an alternative that does not have a real return for the investor, mature growth is also not the most profitable option, and the stability or decline option does not present a profitable and reliable alternative for an investor.
g Briefly explain why data visualization is important. Support with an example from the activity
Answer:
Visualization is important because every body learns slightly differently. Some people learn from doing the task hands-on, some people learn from watching someone else do the task, some people learn from reading about it, hearing about it etc etc. It is also important to show visuals to show your answer, and/or reasoning in greater detail; say that you are giving a presentation about stocks, you could just write about it, but if you show graphs, pictures, and other visuals, then you'll get your point across a lot faster, and look professional in the process
I don't know the activity so I can't give an example from "this activity" it hopefully you find some help fro this
Explanation:
May I have brainliest please? :)
The process of obtaining and placing information in a visual environment is known as data visualization. For human brain, data visualization detects patterns, trends and contours of data sets.
Data visualization can aid in the most efficient delivery of information.Data visualization is and important part of the business intelligence process because it takes raw data, transforms it, and makes it available for conclusions. Data scientists create machine learning algorithms in Advanced Analytics to better compile essential data into visualizers that are easier to comprehend and interpret. Visual data is used in data visualization to transmit information globally, swift and effectively.
To know more about data visualization, refer to the link:
https://brainly.com/question/14467658
This morning, Mary bought a ten-year, $1000 par value bond with a 7.0% coupon rate and annual payments. She paid $994 for the bond. If the market interest rate on this type of bond decreases to 6.5% tonight, how much will Mary receive for her first coupon payment?a. $32.50.b. $35.00.c. $65.00.d. $69.58.e. $70.00.
Answer:
e. $70.00
Explanation:
The coupon payment is the amount received by the bondholder on a periodic basis during the life of the bond which is based on the bond's face value which in this case is $1000
Note that the coupon payments are expected to be made once a year.
Coupon payment=bond face value*coupon rate
bond face value=$1000
coupon rate=7%
annual coupon payment=$1000*7%
annua coupon payment=$70.00