Answer:
5.2%
Explanation:
Calculation to determine What is your approximate real rate of return on this investment
First step is to calculate the Nominal return
Nominal return = ($77.70 - $74.00 + $2.10) / $74.00
Nominal return=$5.80/$74.00
Nominal return= 0.078*100
Nominal return= 7.8%
Now let calculate the Approximate real rate using this formula
Approximate real rate=Nominal return-Inflation averaged
Let plug in the formula
Approximate real rate = 7.8% - 2.6%
Approximate real rate= 5.2%
Therefore your approximate real rate of return on this investment will be 5.2%
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:
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
Advantages and disadvantages of direct and indirect tax (each)
Answer:
Thus, indirect taxes have both advantages and disadvantages, but no one can deny that they are important to generate revenue. While direct taxes can be collected from the rich, indirect taxes give an opportunity to the poor to contribute in their own small way. So both have their own place in the economy.
Explanation:
I hope this helps
On June 1, 2018, Andre Company and Agassi Company merged to form Lancaster Inc. A total of 800,000 shares were issued to complete the merger. The new corporation reports on a calendar-year basis.
On April 1, 2020, the company issued an additional 400,000 shares of stock for cash. All 1,200,000 shares were outstanding on December 31, 2020.
Lancaster Inc. also issued $600,000 of 20-year, 8% convertible bonds at par on July 1, 2020. Each $1,000 bond converts to 40 shares of common at any interest date. None of the bonds have been converted to date.
Lancaster Inc. is preparing its annual report for the fiscal year ending December 31, 2020. The annual report will show earnings per share figures based upon a reported after-tax net income of $1,540,000. (The tax rate is 20%). Determine the following for 2020.
(a) The number of shares to be used for calculating:
(1) Basic earnings per share .
(2) Diluted earnings per share shares.
(b) The earnings figures to be used for calculating:
(1) Basic earnings per share.
(2) Diluted earnings per share.
Answer:
Lancaster Inc.
a) The number of shares to be used for calculating:
(1) Basic earnings per share = 1,200,000 (800,000 + 400,000)
(2) Diluted earnings per share shares = 1,224,000 (1,200,000 + 24,000)
(b) The earnings figures to be used for calculating:
(1) Basic earnings per share = $1,540,000
(2) Diluted earnings per share = $1,540,000
Explanation:
a) Data and Calculations:
June 1, 2018, Number of shares issued = 800,000
April 1, 2020, additional shares issued = 400,000
July 1, 2020, 8% convertible bonds = $600,000
Conversion ratio = $1,000 bonds to 40 shares
= $600,000/1,000 * 40 = 24,000
After-tax net income = $1,540,000
Tax rate = 20%
Before tax income = $1,925,000 ($1,540,000/(1 - 0.2))
Before Bonds interest income = $2,092,391 ($1,925,000/(1 - 0.08))
Sarjit Systems sold software to a customer for $166,000. As part of the contract, Sarjit promises to provide "free" technical support over the next six months. Sarjit sells the same software without technical support for $144,000 and a stand-alone six-month technical support contract for $36,000, so these products would sell for $180,000 if sold separately. Prepare Sarjit’s journal entry to record the sale of the software.
Answer:
Dr Cash $166,000
Cr Deferred revenue $33,200
Cr Sales revenue $132,800
Explanation:
Preparation of Sarjit’s journal entry to record the sale of the software.
Dr Cash $166,000
Cr Deferred revenue $33,200
($166,000 × 20%)
Cr Sales revenue $132,800
($166,000 × 80%
Workings:
First step is to calculate the total fair values percentage
Total fair values percentage= ($144,000 ÷ [$36,000 + $144,000])
Total fair values percentage=80%
Second step is to calculate the technical support percentage
Technical support percentage=($36,000 ÷ [$36,000 + $144,000]).
Technical support percentage=20%
Now let calculate the amount recognized and the remaining amount recognized
Recognize amount= ($166,000 × 80%)
Recognize amount=$132,800
Remaining amount recognized= ($166,000 × 20%)
Remaining amount recognized=$33,200
On December 31, 2020, the Bennett Company had 105,000 shares of common stock issued and outstanding. On July 1, 2021, the company sold 18,000 additional shares for cash. Bennett's net income for the year ended December 31, 2021, was $580,000. During 2021, Bennett declared and paid $77,000 in cash dividends on its nonconvertible preferred stock. What is the 2021 basic earnings per share
$4.40 per share
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)
where,
Net income is $640,000
Preference dividend is $72,000
And, the weighted average number of share is
= 120,000
Whright company os considering an investment in new manufacturing equiipment. the equipment cost 220,000 and will provide annual aftertax inflows of $50,000 at the end of each year for 7 years. the firm's market value debt/quity ratio is 25%, its cost of quity is 14%, and it s pretax cost of debt is 7%. the firm's combined marginal fedreal and state tax rate is 40%. Assume the project is of approxinmately the smae risk as the firm's existing operations.
1. What is Kottinger's weighted average cost of capital?
a. 8.91%
b. 9.99%
c. 10.86%
d. 11.14%
e. 12.04%
2. What is the NPV of the proposed project?
a. $6,297
b. $7,899
c. $9,156
d. $13,436
e. $15,984
Answer:
Kottinger Company
1. Kottinger's weighted average cost of capital is:
= e. 12.04%
2. The NPV of the proposed project is:
b. $7,899
Explanation:
a) Data and Calculations:
Cost of new manufacturing equipment = $220,000
Annual after-tax inflows = $50,000
Project period = 7 years
Market value of debt/equity ratio = 25%
Equity ratio = 100%
Firm's total value = 125% (100% + 25%)
Debt market value weight = 25%/125% = 20%
Equity market value weight = 100%/125% = 80%
Cost of equity = 14%
Pretax cost of debt = 7%
Marginal tax rate = 40%
After-tax cost of debt = 0.07 * (1 - 0.40) = 4.2%
Weighted average cost of capital = (0.14 * 0.8) + (0.042 * 0.2)
= 0.112 + 0.0084
= 0.1204
= 12.04%
The present value of $50,000 annual cash inflow for 7 years at 12.04% is:
N (# of periods) 7
I/Y (Interest per year) 12.04
PMT (Periodic Payment) 50000
FV (Future Value) 0
Results
PV of annual cash inflows = $227,898.69
PV of investment = $220,000
NPV = $7,898.69 ($227,898.69 - $220,000)
Sum of all periodic payments $350,000.00
Total Interest $122,101.31
The manager of the Dinners Delight franchised restaurant chain is in the process of establish quality-control charts for the time that its service people give to each customer. Management thinks the length of time that each customer is given should remain within certain limits to enhance service quality. A sample of 3 service people was selected, and the customer service they provided was observed four times. The activities that the service people were performing were identified, and the time to service one customer was recorded as noted below:
Service Person Sample 1 Sample 2 Sample 3 Sample 4
1 200 150 175 90
2 120 85 105 75
3 83 93 130 150
4 68 150 145 175
5 110 90 75 105
6 115 65 115 125
A sample of six service personnel was observed, and the following customer service times in seconds were recorded: 180, 125, 110, 98, 156, and 190. Is corrective action called for?
Answer:
The behavior is regulated as well as corrective measures are not necessary. A further explanation is provided below.
Explanation:
According to the given,
Mean,
= 143.17
Standard Deviation
= 37.91
Sigma level,
= 3
Now,
The upper control limit will be:
⇒ UCL = [tex]Mean+3SD[/tex]
On putting the values, we get
= [tex]143.17 + (3\times 37.91)[/tex]
= [tex]143.17 + (113.73)[/tex]
= [tex]256.9[/tex]
The lower control limit will be:
⇒ LCL = [tex]Mean-3SD[/tex]
On putting the values, we get
= [tex]143.17 - (3\times 37.91)[/tex]
= [tex]143.17-113.73[/tex]
= [tex]29.44[/tex]
Even though all values are somewhere between LCL as well as UCL. Thus the above is the right answer.
Mekia is in high school. She is thinking about possible career choices. Her guidance counselor gave her information about several career possibilities. Which best describes information she may read about the Human Services career cluster?
a) Human Services careers have an above average rate of increase in the number of jobs.
b)Human Services careers have an average rate of increase in the number of jobs.
c)Human Services careers have a below average rate of increase in the number of jobs.
d)Human Services careers have experienced no change in the number of jobs over the last couple of years.
Answer:
The statement that best describes the information she may read about the Human Services career cluster is:
a) Human Services careers have an above average rate of increase in the number of jobs.
Explanation:
The human services sector will add 257,700 jobs from 2014 to 2024. This represents an increase of more than 10% and is mainly propelled by the increasing need for social services.
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.
Jack Flubber, who owns Sons of Flubber Construction Co., and runs it as a proprietorship, had gross profits last year of $120,000. He has $7,000 in exemptions and deductions. He paid $30,000 in taxes. If he paid himself a salary of $65,000 and a dividend of $15,000 taxed at 20%, how much he would save if he decided to incorporate as a closely held corporation with a 25% tax rate (choose the closest answer)
Answer: He won't be able to save
Explanation:
The options are:
a. He won't be able to save.
b. Around $4k
c. Around $7k
d. Around $8k
Based on the information given in the question, the amount that he'll save will be:
Firstly, we calculate the corporate tax which will be:
= ($120000 - $65000) × 25%
= $55000 × 25%
= $13750
Then, Flubber's personal tax will be:
= ($80000 - $7000) × 20%
= $73000 × 20%
= $14,600
Therefore, the total tax will be:
= $14600 + $13,750
= $28,350
Then, the total amount saved will be:
= $30,000 - $28,350
= $1650
Based on the options given, he won't be able to save.
17. Wislow Brothers common stock sells for $30 a share and pays an annual dividend that increases by 4 percent annually forever. The market rate of return on this stock is 10 percent. What is the closest value to the amount of the dividend in two years
Answer:
$1.95
Explanation:
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
30 = d / 0.1 - 0.04
d = 30 x 0.06 = 1.8
growth in 2 years = 1.8 x (1.04^2) = $1.95
Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Entries for the consolidation of Lisa and Victoria would be recorded in Group of answer choices A worksheet. Lisa's general journal. Victoria's general journal. Victoria's secret consolidation journal. The general journals of both companies.
Answer: worksheet
Explanation:
The entries for the consolidation of Lisa and Victoria would be recorded in a worksheet.
Consolidation worksheet refers to the tool that is used in the preparation of the consolidated financial statements of both a parent company and the subsidiaries.
The consolidation worksheet is important as it shows the individual book values for the parents company and the subsidiaries.
Cameron, Inc. held 1,000 shares of its own $10 par value common stock purchased for $20 per share. In March, Cameron sold 10 shares at $20 per share. The journal entry to record the sale of treasury stock would include a (debit/credit) ________ to Treasury Stock in the amount of ________.
Answer:
Credit, $200
Explanation:
The journal entry would be:
Date Account Debit Credit
Cash $200
(10 shares*$20)
Treasury stock $200
(To record the sale of treasury stock)
Best Buy trains its sales staff on Dell computers as well as on Apple computers and also on customer service etiquette. A salesperson at Best Buy speaking with a customer is an example of _______. a. noise b. mass communication c. an interpersonal marketing communication d. indirect communication
Answer:
c
Explanation:
interpersonal marketing communication is the process of exchanging information between two or more people with the aim of marketing a product. Means of communication can be verbal or non verbal.
The four types of interpersonal marketing communication
verballistening writtennon-verbal communication.The sales person is carrying out verbal interpersonal marketing communication
The bank forecloses on Lisa's apartment complex. The property had been pledged as security on a nonrecourse mortgage, whose principal amount at the date of foreclosure is $900,000. The adjusted basis of the property is $500,000, and the fair market value is $900,000. What is Lisa's recognized gain or loss
Answer: $400,000
Explanation:
Based on the information given in the question, Lisa's recognized gain or loss will be calculated as the difference between the amount that's realized and the adjusted basis. This will be:
Recognized gain will be:
= Amount realized - Adjusted basis
= $900,000 - $500,000
= $400,000
There's a recognized gain of $400,000
Please submit your idea for a practical, innovative, and marketable product or service (it’s just for a project)
Um...I decided to share these ideas because they are an upgrade of the things we use in daily life. These inventions make things more fun.
Banana skin caution wet floor signs. Fun caution signs shaped like slippery bananas. ...
Basket ball hoop over trash can. Trash cans where you can slam dunk your trash. ...
Create your own 6-pack machine. Machines where you can pick your own 6-pack. ...
Rechargeable USB batteries. Batteries you can charge via USB. ...
Slides beside stairs.
Sunglasses with solar-powered fans. ...
a TV channel that only plays commercials. ... (for stores)
Zwick Company bought 21,500 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced $201,500 net income for 2021 and declared and paid a cash dividend of $9.00 per share on all 207,500 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2021 would be:
Answer:
$193,500
Explanation:
Calculation to determine what Zwick Company's dividend revenue from Handy Corporation in December 2021 would be
Using this formula
Dividend revenue =Voting common stock shares *Cash dividend
Let plug in the formula
Dividend revenue=21,500 shares x $9.00 per share
Dividend revenue = $193,500
Therefore Zwick Company's dividend revenue from Handy Corporation in December 2021 would be:$193,500
WILL GIVE BRAINLIEST PLS ANSWER (PERSONAL AND FAMILY FINANCE)
Yusef’s financial advisor tells him that he has made a great budget. Why was he MOST likely successful with his budget?
A.
He refused to accept any changes to it.
B.
He did not share the information with his family.
C.
He chose realistic amounts for each category.
D.
He was the only member of the family who crafted it.
Answer: A
Explanation:
Yusef’s financial advisor tells him that he has made a great budget. He is most likely successful with his budget because he refused to accept any changes to it. Option (a) is correct.
What do you mean by Budget?A budget is a financial plan that projects future earnings and costs.
The Personal and Family Finance assessment and certification will cover both foundational skills for personal and family finance careers as well as skills required for success in managing personal and family financial matters in daily life (a necessary skill set to maximize success in all career areas).
The phrase "personal finance" refers to managing your finances as well as saving and investing. It includes financial planning for retirement, taxes, and estates, as well as banking, insurance, mortgages, and investments.
Therefore, Option (a) is correct. He refused to accept any changes to it.
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Bob listened to a new song and did not like it at all. Shortly thereafter, this song was used by a company as its new advertising jingle, and the song was played over and over, so Bob was repeatedly exposed to the song. You would expect Bob
Answer:
I would expect Bob to complain to the businesses owner that the song is driving him crazy
Explanation:
:)
Which of the following will be accomplished by efficient allocations of the factors of production?
Answer:
fulfilling many needs and wants of society
Explanation:
In producing a product during production, it is always important to ask if society needs the product that we are developing. The key to every successful product is to answer whether the consumer meets the needs.
I dont know if this correect....you don't have any options(^^):^>.<
Jamison is self-employed and he works out of an office in his home. Jamison itemizes his deductions, and the sum of his itemized deduction for non-home business taxes and the real property taxes allocated to business use of the home is less than $10,000. After allocating the home-related expenses between the business office and the rest of the home, which of the following statements regarding the sequence of deductibility of the expenses allocated to the home office business use is correct?
a. Depreciation expense, other expenses, property taxes and interest expense.
b. Other expenses, depreciation expense, property taxes and interest expense.
c. Interest expense and property taxes, other expenses, depreciation expense.
d. Other expenses, property taxes and interest expense, depreciation expense.
Answer: c. Interest expense and property taxes, other expenses, depreciation expense.
Explanation:
In terms of deductibility, interest expenses such as mortgages take precedence along with taxes on property.
After this comes other expenses starting first with direct expenses incurred in providing Jamison's services then there will be other expenses such as insurance, periodic repairs and admin expenses.
At the bottom of the hierarchy is depreciation expense which is the last expense that can be deducted
I need helppppppoppppp
Answer:
Explanation:
one advantage is that they can have menial tasks outsourced to other countries
one disadvantage is that many high paying jobs in the past have been sent to foreign countries where workers there are paid much less
Utilization will typically be lower than efficiency because: expected output is less than rated capacity. effective capacity is less than design capacity. expected output is less than actual output. effective capacity equals design capacity. effective capacity is greater than design capacity.
Answer:
Effective capacity is less than design capacity
Explanation:
In the case when the utilization would be less than efficiency so here the effective capacity would be lowered than the design capacity as the design capacity means the maximum service capacity or the rate of the output while on the other hand the effective capacity would be the design capacity minus personal and other allowances
Therefore the above represent the answer
Fiscal Cliff Inc. has a capital structure that consists of 15 percent common stock and 85 percent long-term debt. In order to calculate Fiscal Cliff’s weighted average cost of capital, an analyst has accumulated the following information: · The company currently has 25-year bonds outstanding with annual coupon payments of 8 percent. The bonds have a face value of $1,000 and sell for $700. · The risk-free rate is 3 percent. · The market risk premium is 8 percent. · The beta on Fiscal Cliff's common stock is 2.3. · The company's retained earnings are sufficient so that they do not have to issue any new common stock to fund capital projects. · The company's tax rate is 40 percent. Given this information, what is Fiscal Cliff's WACC? A. 9.21% B. 12.58% C. 8.17% D. 7.63% E. 11.35%
Answer:
WACC= 8.7%
Explanation:
The weighted Average cost of Capital is the average cost of capital for the different sources of long-term capital available to a firm weighted according to the proportion each source of finance bears to the total capital in the pool.
The Weighted average cost of debt can be worked out using the following steps:
Step 1: Cost of debt
The cost of debt is the same as the yield to maturity. The yield to maturity to Maturity can be used to work out the cost of debt using the formula below:
YM =( C + F-P/n) ÷ ( 1/2× (F+P))
C- annual coupon,
F- face value ,
P- current price,
n- number of years to maturity
YM - Yield to maturity
C- 8%× 1000 =80 , P= 700, F- 1000
AYM = 80 + (1000-700)/25÷ 1/2× (1000+700)
= 92 ÷ 850
= Yield to maturity = 10.82%
After-tax cost of debt=Before-tax × (1-T)
After-tax cost of debt = 10.82%× (1-0.4) =6.49%
Step 2 : Cost of equity
This can be computed using the Capital Asset pricing model
Ke= Rf +β(Rm-Rf)
Ke =? , Rf- 3%, β- 2.3, Rm-Rf= 8%
Ke= 3% + 2.3× 8%
Cost of equity = Ke =21.4%
Step 3: WACC
WACC = (15%*21.4.5) + (85%*6.49)=8.7%
WACC= 8.7%
The transactions of Spade Company appear below. Kacy Spade, owner, invested $16,250 cash in the company in exchange for common stock. The company purchased office supplies for $471 cash. The company purchased $8,986 of office equipment on credit. The company received $1,917 cash as fees for services provided to a customer. The company paid $8,986 cash to settle the payable for the office equipment purchased in transaction c. The company billed a customer $3,445 as fees for services provided. The company paid $515 cash for the monthly rent. The company collected $1,447 cash as partial payment for the account receivable created in transaction f. The company paid a $1,100 cash dividend to the owner (sole shareholder). Required: 1. Prepare general journal entries to record the transactions above for Spade Company by using the following accounts: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Fees Earned; and Rent Expense. 2. Post the above journal entries to T-accounts, which serve as the general ledger for this assignment.
In an open economy, what is the source of supply of dollars in the foreign-currency exchange market?
A. Investment and net capital B. outflow
C. Net exports
D. Exports
E. Net capital outflow
In an open economy, the source of supply of dollars in the foreign-currency exchange market is Net exports. Thus the correct option is C.
What is the economy?The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.
When something is exported, it is sent with the intention of selling it abroad. Imports are defined as the purchase of goods from other nations due to a lack of domestic resources.
Net capital outflows are the source of dollars supply in the foreign exchange market, while net exports are the source of dollar demand. Net capital outflow connects the two markets.
Therefore, option C is appropriate.
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In one day, Sue can change the oil on 20 cars or change the tires on 20 cars. In one day, Fred can change the oil on 20 cars or change the tires on 10 cars. Sue's opportunity cost of changing oil is ______ than Fred's and her opportunity cost for changing tires is ______ than Fred's.
Answer:
1 change of tire
less
Explanation:
Opportunity cost of the next best option forgone when one alternative is chosen over other alternative
Sue's opportunity cost of changing oil = number of tires she changes / number of oil she changes = 20 / 20 = 1 change of tire
Her opportunity cost of changing tires = 20 / 20 = 1
fred's opportunity cost of changing tires = 20 / 10 = 2
her opportunity cost of changing tires is less than that of freds
Assume that the quantity of X is measured on the horizontal axis, and the quantity of Y is measured on the vertical axis. Assume that the price of X is $60, the price of Y is $30 and Rafe has an weekly income of $180. Which of the following is true? He can afford 6 units of good Y. His budget line has a slope of 1/3. He can afford 6 units of good X. His budget line has a slope of −1/3.
Answer:
True : He can afford 6 units of good Y'
Explanation:
Budget Line is a combination of two goods, consumer can afford with entire given money income & prices.
Equation : p1 x1 +p2 x2 = m. Here p1 & p2 are prices of two goods, x1 & x2 are quantities of two goods, m is money income.
Intercept of budget line is max quantity of a good consumer can buy spending only on either good. Formula = m / p1 & m / p2
As : m = 180 , p1 (px) = 60 , p2 (py) = 30 . Intercepts (x & y) = 180 / 60 = 3 & 180 / 30 = 6 respectively.
So, 'He can afford 6 units of good Y' is True. 'He can afford 6 units of good X' is False.
Slope shows the trade off of goods, given money income & price. Formula = = p1 / p2 = px / py = 60 / 30 = (-) 2. 'His budget line slope = 1/3 or -1/3', both are False
Sample means and ranges were obtained for five samples of 10 units per sample from a production process. Assume the process was considered to be in control during the period these samples were collected. The results are as follows:
Sample Mean Range
1 10.58 0.23
2 9.97 0.25
3 9.99 0.21
4 10.23 0.28
5 10.23 0.28
Required:
What is the central line of the X chart for this process
Answer:
10.20
Explanation:
Given the data :
Sample___ Mean ____Range
1 ________10.58 _____0.23
2________ 9.97 _____ 0.25
3 ________9.99 _____ 0.21
4 ________10.23_____ 0.28
5 ________10.23 _____0.28
The central line of the X_chart :
CL = xbar = Σx / n
CL = central line
x = mean values of the samples
n = number of samples
xbar = (10.58 + 9.97 + 9.99 + 10.23 + 10.23) / 5
xbar = 51 / 5
xbar = 10.20
Central line = 10.20
