Answer:
10.71%
Explanation:
Calculation for annual rate of return that Holt expect on his investment
Using this formula
Annual rate of return=(D1/Current price)+Growth rate
Annual rate of return=(2*1.06/45)+(0.06)
Annual rate of return=2.12/45+(0.06)
Annual rate of return=0.0471+0.06
Annual rate of return=0.1071*100
Annual rate of return=10.71%
Therefore the annual rate of return that Holt expect on his investment will be 10.71%
A sales invoice included the following information: merchandise price, $12,000; terms 1/10, n/eom, FOB shipping point with prepaid freight of $900 added to the invoice. Assuming that a credit for merchandise returned of $500 is granted prior to payment and that the invoice is paid within the discount period, what is the amount of cash that should be received by the seller?
Group of answer choices
$12,285
$11,500
$10,480
$11,385
Bakers corp will pay a dividend of 5.15 8.05 and 11.25 per share for each of the next three years respectively. the company will then close its doors. investors will require a return of 11 percent on the companys stock what is the current stock price?
Answer: $19.40
Explanation:
Based on the information given in the question, the following can be deduced:
D1 = $5.15
D2 = $8.05
D3 = $11.25
Rate of return = 11% = 0.11
The current stick price will be calculated as:
= 5.15/(1 + 0.11) + 8.05/(1 + 0.11)^2 + 11.25/(1 + 0.11)^3
= 5.15/1.11 + 8.05/(1.11)^2 + 11.25/(1.11)^3
= $4.64 + $6.53 + $8.23
= $19.40
Howard Company purchased merchandise inventory with an invoice price of $7,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Howard Company pays within the discount period?
Answer:
the net cost of goods sold is $6,860
Explanation:
The computation of the net cost of goods sold is shown below:
The Net cost of the goods sold is
= Amount × ( 1 - Discount rate)
= $7,000 × ( 100% -2%)
= $7,000 × 98%
= $6,860
Hence, the net cost of goods sold is $6,860
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Compare tracking in affiliate marketing to that of e-mail and online advertising. What are the similarities?
Answer:
Affiliate marketing is a form of marketing a product.
Explanation:
Affiliate marketing is defined as the marketing of a product in the market that belongs to others and earn a commission for promoting that product for the company.
Affiliate marketing is different from online advertising as well as email advertising. In affiliate marketing, some affiliate links are generated by an individual for promoting the product. It is done by a third party. But in e-mail and online advertising, the marketing is conducted by the company that owns the product or any the other advertising company that the manufacturing company wants to advertise the product for them.
The similarities is that all the three focuses on selling more products and services by advertising them to the people.
When you delete a cookie, it can no longer track the affiliated referrals.
A firm plans to begin paying a constant annual dividend of $1.50 a share beginning five years from now. If you require a rate of return of 7%, what is the most that you would be willing to pay for a share of this stock TODAY?
Answer:
the current stock price is $16.35 per share
Explanation:
The computation of the current stock price is shown below:
Price of share in Year 4 would be
= Annual Dividend ÷ Required rate of return
= $1.50 ÷ 0.07
= $21.43 per share
Now the current stock price is
Stock Price Today is
= Future Stock Price ÷ (1 + rate of interest)^number of years
= $21.43 ÷ (1 + 0.07)^4
= $21.43 ÷ 1.31080
= $16.35 per share
hence, the current stock price is $16.35 per share
A firm with a _____ has its ability to provide a unique product or service that offers something of value to buyers besides simply a lower price.
Answer:
Differential competitive advantage.
Explanation:
A differential competitive advantage can be defined as the advantages or edge that a business or company gains as a result of providing (offering) superior goods and services that are unique, cheaper and different from that of its rivals in the same industry.
Some of the factors that enhances or contributes to differential competitive advantage that a company has over its rivals include patent, new technology, experienced employees, professionals or experts, brand identity etc.
Hence, a firm with a differential competitive advantage has its ability to provide a unique product or service that offers something of value to buyers besides simply a lower price.
An example of a company with differential competitive advantage in the mobile market is Apple Inc. through the production of iPhone.
Compare and contrast the penalties in a civil and criminal trial.
Answer: Compare and contrast the penalties in a civil and criminal trial. In a criminal trial, a defendant can be sentenced to jail time, can be fined, and can be forced to undergo some treatment or remedy. In a civil trial, a defendant can be assessed damages and can be coerced to follow through on an agreement.
Explanation: HOPE IT HELPS :)
Answer:
The person ^ is correct Answer: Compare and contrast the penalties in a civil and criminal trial. In a criminal trial, a defendant can be sentenced to jail time, can be fined, and can be forced to undergo some treatment or remedy. In a civil trial, a defendant can be assessed damages and can be coerced to follow through on an agreement.
Explanation:
Which situation best illustrates the process of capital formation?
A. An engineer tries to limit her spending during the week.
B. A factory worker takes out a high-interest loan to buy a new home.
C. A farmer increases his profits by growing a variety of new crops.
D. An artist buys bonds that will increase in value over time.
Answer :D. An artist buys bonds that will increase in value over time.
Explanation:A.P.E.X
XYZ Inc. has $10 million in excess cash, a market capitalization of $300 million and a market value of debt of $110 million. Its cost of equity is 12% and its cost of debt is 5%. The corporate tax rate is 31%. Calculate the WACC for XYZ Inc. Express your answer in percent and round to two decimals (do not include the %-symbol in your answer).
Solution :
We know,
[tex]$\text{WACC}=\text{equity weightage } \times \text{equity cost} + \text{net debt weightage} \times \text{debt cost} \times (1 -\text{tax rate})$[/tex]
Net debt = debt market value - excess cash
= 110 - 10
= 100 million dollar
[tex]$\text{net debt weightage}=\frac{\text{market value of net debt}}{\text{equity market value+ net debt market value}}$[/tex]
[tex]$=\frac{100}{300+100}$[/tex]
= 0.25
[tex]$\text{equity weightage}=\frac{\text{market value of equity}}{\text{equity market value+ net debt market value}}$[/tex]
[tex]$=\frac{300}{300+100}$[/tex]
= 0.75
Therefore, WACC = 0.75 x 12% + 0.25 x 5% x (1 - 31%)
= 0.75 x 12% + 0.25 x 5% x (1 - 0.31)
= 0.75 x 12% + 0.25 x 5% x 0.69
= 9% + 0.862%
= 9.862%
Russell's Hardware has inventory of $218,000, equity of $421,800, total assets of $647,700, and sales of $587,200. What is the common-size percentage for the inventory account?
A. 26.81 percent
B. 33.66 percent
C. 37.12 percent
D. 49.09 percent
E. 51.68 percent
Answer:
B. 33.66 percent
Explanation:
The common-size analysis involves comparing income statement items to revenue while balance sheet items are related to total assets, hence, the inventory account is a balance sheet item that would need to compared to total assets.
Common-size percentage= inventory/total assets.
inventory=$218,000
total assets=$647,700
Common-size percentage=$218,000/$647,700
Common-size percentage=33.66%
When you vote for the president who would you vote for.
please comment your answers below.
Answer:
fasho
me .
Explanation:
fasho fasho fasho
Answer:
biden ig? i mean i personally can't vote but yealol.
Explanation:
In the market for beef, the price of a pound of beef falls Explain the effect of this event on the quantity of beef supplied and on the supply of beef:______. A. The quantity of beef supplied decreases and the supply of beef also decreases B. The quantity of beef supplied increases and the supply of beef also increases C. The supply of beef decreases and the quantity of beef supplied is unchanged. D. The supply of beef is unchanged and the quantity of beef supplied increases. E. The quantity of beef supplied decreases and the supply of beef is unchanged.
Answer:
E. The quantity of beef supplied decreases and the supply of beef is unchanged.
Explanation:
In the market for beef, the price of a pound of beef falls. The effect is "the quantity of beef supplied decreases and the supply of beef is unchanged. The reason is that any price change of the product will not shift the demand or supply but changes the quantity supplied.
Mustang Corp. has a selling price of $24, variable costs of $13 per unit, and fixed costs of $55,000. How many units must be sold to break-even?a. 4231 b. 2292 c. 5,000 d. 10,000
Answer:
5,000
Explanation:
Mustang corporation has a selling price of $24
Variable cost is $13
Fixed cost is $55,000
Therefore the number of units that must be sold to break even can be calculated as follows
= $24-$13
= $11
= $55,000/$11
= 5,000
Hence 5,000 units must be sold to break even
The project information for the custom order project of the Air Control Company is presented here. Draw a project network for this project. Compute the early and late activity times and the slack times. identify the critical pathID Activity Predecessor TimeA Order review None 2B Order standard parts A 15C Produce standard parts A 10D Design custom parts A 13E Software development A 18F Manufacture custom hardware C, D 15G Assemble B, F 10H Test E, G 5
Find project information, the diagram and table attached
Answer and Explanation:
Given the project information(attached) for the Air Control Company, we first draw our network diagram paying attention to the predecessors, example-activity A should come before every other activity .
In the table,
ES is early start time
EF is earliest finish time
LS is latest start time
LF is latest finish time
S is slack time
EF = ES + activity duration
LS = LF - duration
S= LF-EF
To calculate our critical path:
We follow all paths(add up their activity durations) from the network diagram down to the last activity
ABGH= 2+15+10+5
...
We select the path with the highest value which is:
ADFGH=2+13+15+10+5= 45
Which of the following is not a financial intermediary?
commercial banks
credit unions
investment banks
Standard & Poors
Answer:
i think commercial banks aren't
In the market for construction workers, you observe that wages have increased by 20% and at the same time employment has increased by 10%. This is the result of:a. an increase in labor demandb. a decrease in labor supply c. an increase in labor supply d. a decrease in labor demand
Answer: a. an increase in labor demand
Explanation:
When there is an increase in the demand for something, you will find that the price of that thing will go up because with more people demanding it, people will have to pay more to access it.
Here the cost of hiring people (wages) has gone up which would indicate therefore that the demand for labor has increased.
With this increase in demand, more people will be employed as well to match this demand which is why the employment rate has risen as well.
WHAT IS A CALCULATED INTEREST RATE
Answer:
Use this simple interest calculator to find A, the Final Investment Value, using the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods. Where r is in decimal form; r=R/100; r and t are in the same units of time.
Explanation:
Are your loyal customers likely to switch to the new private label product? (That is, is the target market for the private label line your existing customers or budget shoppers?)
Assume you are part of the management team of a cookie manufacturer. A major supermarket chain has approached your firm to manufacture a private label version of one of your best-selling and most profitable cookie product lines. The supermarket chain would like a cookie that is a similar design, look, and reasonably similar quality (can be a little less).
They want the packaging to look fairly basic (to communicate a lower price cookie), but they want it clear to consumers that the product is comparable to your branded cookie line. They want to purchase this new product at a 25% lower price than they now pay for your current brand. They then plan to retail both products, virtually side-by-side, with the private label version retailing at $1.99, compared to your cookie normal retail price of around $2.50.
Answer:
Yes.
The loyal customers will also be attracted to the new private label cookie, just as budget shoppers will be attracted.
Explanation:
The proposal, if accepted, may jeopardize the company's normal cookie sales in the supermarket. The little reduction in the quality of the cookie (which cannot translate to significant production cost reduction) may be perceived as much by some loyal consumers of the normal cookie. However, the new private label cookie will easily attract budget shoppers, who value the reduced price of $1.99 instead of the normal price of $2.50. Accepting this proposal should depend on the continued patronage of the normal cookie and the sales number of the private label cookie.
Additional information:
(a) Accrued interest on notes receivable is RM1,000.
(b) Depreciation on the equipment is RM2,000
(c) Accrued wages is RM1,200
(d) Accrued utilities is RM800 (charged to miscellaneous account)
(e) Rental which is due is RM1,000.
(f) Cash drawings by Amy is RM2,800
(g) Cash of RM400 is received from a customer for a debt which was wrongly credited to the
trade payables
Instructions:
1. Prepare adjusting journal entries for transactions (a)-(g).
2. Prepare the adjusted trial balance as at 31 December 2019.
Answer:
multiple choices or answer each question
Mosher, Inc. had the following balances and transactions during 2017: Supporting Materials Beginning Merchandise Inventory as of January 1, 2017 400 units at $80 March 10 Sold 80 units June 10 Purchased 800 units at $85October 30 Sold 480 unitsWhat would be reported for Ending Merchandise Inventory on the balance sheet at December 31, 2017 if the perpetual inventory system and the first-in, first-out inventory costing method are used?
Answer: $54,400
Explanation:
The First in First Out inventory costing method sells earlier purchases first and then sells later ones.
The 80 units sold on March 10 will come from the beginning balance of 400 units leaving it with 320 units.
Of the 480 units sold on October 30, 320 will come from the beginning inventory balance of 320 units leaving;
= 480 - 320
= 160 units.
These 160 units will come from the 800 units purchased on June 10 which means the costing inventory is;
= 800 - 160
= 640 units
Cost of 640 units;
= 640 * 85
= $54,400
A customer service department has the following resolution response time data: Average Response Time First contact 0.25 hr. Service scheduling 0.50 hr. Wait for service 24.00 hrs. Service 1.50 hrs. Total resolution time 26.25 hrs. What is the value-added ratio (rounded to one decimal place) in this process?a. 91.4%b. 28.6%c. 5.7%d. 8.6%
Answer: 8.6%
Explanation:
Based on the scenario that is given in the question, the formula for calculating Value-added ratio is:
= Value added time/Total resolution time
where,
Value added time = First contact + Service scheduling + Service
=0.25 + 0.50 + 1.50
= 2.25 hrs.
Value-added ratio will now be:
= 2.25 / 26.25
= 0.086
= 8.6%
Roll Corporation (RC) currently has 455,000 shares of stock outstanding that sell for $40 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:a. RC has a five-for-three stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)New share price $ b. RC has a 15 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)New share price $ c. RC has a 48.5 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)New share price $ d. RC has a three-for-seven reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)New share price $ e. Determine the new number of shares outstanding in parts (a) through (d). (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)a. New shares outstanding b. New shares outstanding c. New shares outstanding d. New shares outstanding
Answer:
a. New share price is $24.00
b. New share price is $34.78
c. New share price is $26.94
d. New share price is $93.33
e. We have:
a. New shares outstanding are 758,333.33 shares
b. New shares outstanding are 523,250.00 shares
c. New shares outstanding are 675,675.00 shares
d. New shares outstanding are 195,000.00 shares
Explanation:
a. RC has a five-for-three stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New share price $
The new share price can be calculated as follows:
New share price = Current share price / (5/ 3) = $40 / 1.66666666666667 = $24.00
b. RC has a 15 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New share price $
The new share price can be calculated as follows:
Stock dividend percentage = 15%, or 0.15
New share price = Current share price / (1 + Stock dividend percentage) = $40 / (1 + 0.15) = $40 / 1.15 = $34.7826086956522
Rounding to 2 decimal places, we have:
New share price = $34.78
c. RC has a 48.5 percent stock dividend? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)New share price $
The new share price can be calculated as follows:
Stock dividend percentage = 48.5%, or 0.485
New share price = Current share price / (1 + Stock dividend percentage) = $40 / (1 + 0.485) = $40 / 1.485 = $26.9360269360269
Rounding to 2 decimal places, we have:
New share price = $26.94
d. RC has a three-for-seven reverse stock split? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)New share price $
The new share price can be calculated as follows:
New share price = Current share price / (3 / 7) = $40 / 0.428571428571429 = 93.3333333333332
Rounding to 2 decimal places, we have:
New share price = $93.33
e. Determine the new number of shares outstanding in parts (a) through (d). (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)a. New shares outstanding b. New shares outstanding c. New shares outstanding d. New shares outstanding
For part a
New number of shares outstanding = Current number of shares * (5 / 3) = 455,000 * 1.66666666666667 = 758,333.333333335
Rounding to 2 decimal places, we have:
New number of shares outstanding = 758,333.33 shares
For part b
Number of stock share issued = Current shares outstanding * Stock dividend percentage = 455,000 * 15% = 68,250
New number of shares outstanding = Current number of shares + Number of stock share issued = 455,000 + 68,250 = 523,250.00 shares
For part c
Number of stock share issued = Current shares outstanding * Stock dividend percentage = 455,000 * 48.5% = 220,675
New number of shares outstanding = Current number of shares + Number of stock share issued = 455,000 + 220,675 = 675,675.00 shares
For part d
New number of shares outstanding = Current number of shares * (3 / 7) = 455,000 * 0.428571428571429 = 195,000 shares
The Roll Corporation(RC) will calculate the share price determinations are as follows:
a. 5-for-three stock split:
Total number of shares = 758,333 (455,000 x 5/3)
New Share Price = $24 ($40 x 3/5)
b. 15% stock dividend:
Total number of shares = 523,250 (455,000 x 1.15)
New Share Price = $34.78 (455,000 x $40)/523,250
c. 48.5% stock dividend:
Total number of shares = 675,675 (455,000 x 1.485)
New Share Price = $26.94 (455,000 x $40)/675,675
d. Three-for-Seven Reverse Stock Split:
Total number of shares = 195,000 (455,000 x 3/7)
New Share Price = $93.33 (455,000 x $40)/195,000
e. The new number of shares outstanding are:
a. 758,333 shares
b. 523,250 shares
c. 675,675 shares
d. 195,000 shares
Data and Calculations:
Current outstanding stock = 455,000 shares
Selling price per share = $40
Market value of outstanding stock = $18,200,000 (455,000 x $40)
Learn more: https://brainly.com/question/25630152
When an organization takes care of all of its own promoting, that is called a. direct distribution b. distrubution mix c. indirect distribution
Answer:
Direct distribution
Explanation:
In a direct distribution, the same member both produces and distributes a product or service to consumers.
In an indirect distribution, a marketing channel consists of one or more intermediaries.
In a mixed distribution, there are signs of both direct and indirect promotions.
All of the following should be considered in a make or buy decision except:_______.a. cost savingsb. quality issues with the supplierc. future growth in the plant and other production opportunitiesc. the supplier will make a profit that would no longer belong to the business
Answer:
D. the supplier will make a profit that would no longer belong to the business
Explanation:
A make or buy decision can be defined as a strategic approach pertaining to making the choice to either produce (manufacture) a product in-house (internally) or purchasing the product from an external supplier. Thus, the make component typically deals with producing the product internally while the buy component strictly has to do with outsourcing or purchasing from an external supplier.
Some of the factors to be considered in a make or buy decision are;
I. Cost savings.
II. Quality issues with the supplier.
III. Future growth in the plant and other production opportunities.
Hence, all of the aforementioned should be considered in a make or buy decision except whether the supplier will make a profit that would no longer belong to the business.
Which of the following is the best example of a SMART goal?
O A. Graduate with a degree in business.
B. Learn as much about marketing as possible.
C. Graduate with a bachelor's degree in marketing in a year.
D. Earn a "B" or better in my Introduction to Marketing course this semester.
Answer:
It’s D: Earn a “b” or better in my introduction to marketing course this semester.
Explanation:
Among the given options, the opportunity that best exemplifies a 'SMART' goal would be:
D). Earn a "B" or better in my Introduction to Marketing course this semester.
'SMART' goal consists of five key characteristics:
1). Specific.
2). Measurable
3). Achievable
4). Relevant
5). Time-Bound
Among the given options, 'earning a 'B' in the marketing course's intro' would exemplify a SMART goal as it possesses all the above characteristics. It is particular, attainable, worthy, and can be measured. It also carries a time limit that is feasible and promotes the individual to make efforts to achieve it effectively. The other options either suggest an impossible goal(graduate degree in a year), not time-based('learn as much as possible'), or not specific.Hence, option D is the correct answer.
Learn more about 'SMART goal' here:
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On January 1, 2019, Seek Company purchased a copy machine. The machine costs $960,000, its estimated useful life is 8 years, and its expected salvage value is $60,000. What is the depreciation expense for 2020 using double-declining-balance method?A. $157,500B. $ 105,000C. $180,000D. $240,000
Answer:
C. $180,000
Explanation:
Double-declining-balance method is otherwise known as the Reducing Balance Method.
Depreciation Expense = 2 × SLDP × BVSLDP
SLDP = 100 ÷ Number of useful life
= 100 ÷ 8
= 12.50 %
Year - 2019
Depreciation Expense = 2 × 12.50 % × $960,000
= $240,000
Year - 2020
Depreciation Expense = 2 × 12.50 % × ($960,000 - $240,000)
= $180,000
In the context of communication, which of the following is a difference between encoding and decoding?
a. The process of encoding is affected by noise, whereas the process of decoding is not affected by noise.
b. Encoding does not require a communication channel, whereas decoding requires a communication channel.
c. Unlike decoding, the process of encoding is immediately followed by the process of providing feedback to the sender of a message.
d. Unlike encoding, decoding is the process by which the receiver translates the verbal or symbolic form of a message into an understood message.
Answer:
d. Unlike encoding, decoding is the process by which the receiver translates the verbal or symbolic form of a message into an understood message.
Explanation:
There are 5 steps in the communication process
1. Sender
2. Encoding
3. Channel for Message
4. Receiver decodes the message
6 . feedback
The encoding could be done on behalf of the sender while on the other hand the decoding could be done on behalf of the receiver
So as per the given options, the option d is correct
And, the same is to be considered
Floral Shoppes has a new project in mind that will increase the accounts receivable by $19000, decrease accounts payable by $4000, increase fixed assets by $27000, and decrease inventory by $2000. What is the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project?A. $25000B. $12000C. $17000D. $21000E. $52000
Answer:
D. $21000
Explanation:
Calculation for the amount the firm should use as the initial cash flow attributable
Using this formula
Initial cash flow attributable to net working capital = Change in current assets - Change in current liabilities
Let plug in the formula
Initial cash flow attributable to net working capital=[(Increase in Account Receivable $19,000 + Decrease in inventory $2,000)] - ( Decrease accounts payable $4000)
Initial cash flow attributable to net working capital= (19,000 - 2,000) - [-4,000]
Initial cash flow attributable to net working capital=17,000 + 4000
Initial cash flow attributable to net working capital=$21,000
Therefore the amount the firm should use as the initial cash flow attributable to net working capital when it analyzes this project will be $21,000
What is the effect of a 10 percent price increase on quantity demanded if elasticity is infinite?
Answer:
Demand drops to zero
Explanation:
Infinite elasticity of demand is also called perfect elasticity of demand.
In this scenario the demand for a product is attached to it's price.
There is an infinite change in the quantity demanded as a result of change in price.
Graphically it is a horizontal demand curve as represented in the attached
Even a small increase in price will cause demand to fall to zero.
Examples are luxury goods such as high end cars and expensive jewelry.
Pilet Pte Ltd balance sheet reflected assets of 10,000, liabilities of 5,000 and share capital of 2,000 as of December 31,2009. If retained earnings on December 31, 2010 balance sheet is 8,000 and Pilet paid a 2,000 dividend during 2010, then the amount of net income in 2010 would be
(a) $1,000
(b) $7,000
(c) $5,000
(d) None of the above
Answer:
(b) $7,000
Explanation:
retained earnings December 31, 2009 = $10,000 - $5,000 - $2,000 = $3,000
retained earnings December 31, 2010 = $8,000
dividends distributed during 2010 = $2,000
net income = ending retained earnings + dividends - beginning retained earnings = $8,000 + $2,000 - $3,000 = $7,000
