Answer:
$26,473.33
Explanation:
The amount Marko would be willing to pay today can be determined by calculating the present value of the cash flows
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $5,600
Cash flow in year 2 = $10,600
Cash flow in year 3 = $16,800
I = 10%
PV = $26,473.33
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
____ is the process of managing operations control, resource acquisition and purchasing, and inventory to improve overall efficiency and effectiveness. A) Supply-chain management B) Resource management C) Inventory management D) Quality control E) Productivity control
Answer:
A) Supply-chain management
Explanation:
Supply chain management is defined as set of activities aimed at transforming raw materials into.final product for the consumer.
A main focus of supply chain management is efficiency of supply side activities resulting in processes that are as economical as possible.
Activities such as operations control, product development, information systems, resource acquisition and purchasing, and inventory are under supply chain management
A) Supply-chain management is the process of managing operations control, resource acquisition, purchasing, and inventory to improve overall efficiency and effectiveness.
What are the supply-chain management activities?The supply-chain management activities involve the following:
Supply planningProduction planningInventory planningCapacity planningDistribution planning.Supply-chain management ensures that goods and services are produced, delivered, and stored until final consumption.
Thus, A) Supply-chain management is the process of managing operations control, resource acquisition, purchasing, and inventory to improve overall efficiency and effectiveness.
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A truck driver fell asleep at the wheel and his freight truck tipped over, leaking ammonia into the air and requiring an evacuation of everyone within 1 mile. The driver was later sued. A Police Detective named Emilio and a Defense Attorney named Beth were both assigned to work on the case.
Which tasks would Emilio and Beth complete while working on the case?
a) Emilio would respond to the emergency to interview witnesses and examine evidence, which Beth would use to represent the defendant in court.
b) Beth would respond to the emergency, both would interview witnesses and examine evidence, and Emilio would represent the defendant in court.
c) Emilio would respond to the emergency, both would interview witnesses and examine evidence, and Beth would represent the defendant in court.
d) Beth would respond to the emergency to interview witnesses and examine evidence, which Emilio would use to represent the defendant in court.
Answer:
its c
Explanation:
Answer:
Its C
Explanation:
Using the information below, calculate net income for the period: Sales revenues for the period $ 1,309,000 Operating expenses for the period 244,000 Finished Goods Inventory, January 1 41,000 Finished Goods Inventory, December 31 46,000 Cost of goods manufactured for the period 545,000
Answer:
Net income for the period is:
= $525,000.
Explanation:
a) Data and Calculations:
Sales revenues for the period $ 1,309,000
Operating expenses for the period 244,000
Finished Goods Inventory, January 1 41,000
Cost of goods manufactured for the period 545,00
Finished Goods Inventory, December 31 (46,000)
Cost of goods sold for the period = 540,000
Income Statement for the period:
Sales revenues for the period $ 1,309,000
Cost of goods sold for the period = (540,000)
Gross profit for the period = $769,000
Operating expenses for the period (244,000)
Net income for the period = $525,000
the missoue manufacuting company recorder overhead costs of 14272 at an activity level of 4650 machine hours and 8622 at 2390 machine hours. what is the total estimated cost for 2690 machine hours using yhe high low method to estimate the cost queation
Answer:
$9,372
Explanation:
The computation of the total estimated cost is shown below;
Variable Cost Per Unit is
= ($14,272 - $8,622) ÷ (4,650 - 2,390)
= $2.50
Now the Fixed Cost is
= $14,272 - 4,650 × $2.50
= $2,647
Now the total estimated cost is
= $2,647 + 2,690 × $2.50
= $9,372
Pepsi Blue was introduced to compete with Coca-Cola's Vanilla Coke brand. It was known for being berry-flavored, sugary, and very blue. The brand drew fire for being colored with Blue 1, a controversial food-coloring agent banned in some countries. Pepsi Blue was discontinued after a few years. This example shows that _______.
Answer:
Bypassing market research can lead to product failure
Explanation:
In the case when an ingredient is banned in some countries in wich the product is available in the market the product that collected a decline as there would be the high potential for risk with respect to the population as the pepsi blue would be banned as it comprise that blue agent would be banned in some countries
Ruby Red manufactures, markets, and distributes citrus flavored soft drinks across the globe. Ruby Red hired a collection agency in 2018 to increase collection rates from customers. As a result, Ruby estimates that only 2% of its 2019 credit sales will be written off, compared to the 4% of 2018's credit sales that were estimated to be uncollectible. At December 31, 2019, Ruby Red has a $12,800 credit balance in its allowance for doubtful accounts and credit sales of $1,570,000.
Required:
Use the percentage of credit sales method to calculate the bad debt expense.
Answer:
$31,400
Explanation:
Ruby estimates that only 2% of its 2019 credit sales will be written off
Ruby Red has a $12,800 credit balance in its allowance for doubtful accounts
Ruby Red has credit sales of $1,570,000.
Bad debt expense = Credit sales * 2% of its 2019 credit sales
Bad debt expense = $1,570,000 * 2/100
Bad debt expense = $1,570,000 * 0.02
Bad debt expense = $31,400
Your portfolio consists of an index mutual fund which represents the overall market and Treasury bills. The mutual fund has a portfolio weight of 65%. The risk-free rate is 3% and the market risk premium is 7.7%. What is your best estimate for your portfolio's expected rate of return (rounded % to three places after the decimal)
Answer:
8.01%
Explanation:
Expected return on mutual fund = Risk-free rate + Market risk premium*Beta
Expected return on mutual fund = 3% + 7.7%*1
Expected return on mutual fund = 10.70%
Best estimate of the portfolio expected rate of return = Weight of mutual fund*Expected return on mutual fund + Weight of risk-free Treasury bills*Expected return on risk-free Treasury bills
Best estimate of the portfolio expected rate of return = 65%*10.70 + 35%*3
Best estimate of the portfolio expected rate of return = 0.08005
Best estimate of the portfolio expected rate of return = 8.01%
in a bad news message the reasons for the decision
are so obvious that you don’t need to mention them
come directly after the buffer and follow naturally from it
should be glossed over quickly
should be long and roundabout to cushion the negative aspects
Answer:
should be long and roundabout to cushion the negative aspects
if you are delivering bad news if it is directly affecting them they would most likely like to know why and if they can help this issue
Explanation:
mrk me brainliest please.
If Houston Company billed a client for $11,000 of consulting work completed, the accounts receivable asset increases by $11,000 and:
Complete Question:
If Houston Company billed a client for 11,000 of consulting work completed, the accounts receivable asset increases by $11,000 and:
A. Revenue decreases $11,000.
B. Cash increases $11,000.
C. Accounts payable increases $11,000.
D. Revenue increases $11,000.
E. Accounts payable decreases $11,000
Answer:
If Houston Company billed a client for 11,000 of consulting work completed, the accounts receivable asset increases by $11,000 and:
D. Revenue increases $11,000.
Explanation:
This increase in revenue increases the retained earnings (equity) of Houston Company. The result is that the accounting equation will remain in balance with assets = $11,000 and Liabilities + Equity = $11,000. This accounting equation is the basis for the double-entry system of financial accounting. Provided that transactions are correctly recorded and accurately posted to their respective accounts, the accounting equation will not go out of balance.
Suppose the Alaskan king crab harvest is unregulated and any person with a crab boat and some diesel fuel can go offshore, lower a crab pot, and harvest king crab. As a result, this common resource is overused. Which policy choice might produce the socially optimal king crab harvest
Answer: A. Alaska auctions a limited number of licenses to harvest king crab.
Explanation:
The options include:
A. Alaska auctions a limited number of licenses to harvest king crab.
B. The U.S. and Canadian governments remove trade barriers, which allows for more trade of products like king crab.
C. Alaska removes taxes on diesel fuel, which lowers the price of diesel.
D. Alaska subsidizes the purchase of crab boats.
The socially optimal level of output will be achieved when there's allocative efficiency. It is the level whereby market failure is curtailed.
The policy choice that might produce the socially optimal king crab harvest is for Alaska to auction a limited number of licenses to harvest king crab.
This will help in the reduction at which the resource is overused as there'll be regulation and reduction in the number of person that can harvest king crab.
Which account option may require larger money contributions than usual but offers a higher interest rate than traditional savings?
Certificate of deposit
Checking
Money market
Saning
Answer:
Money Market
Explanation:
I just did this
Ada is the maker of a note, on which Bart is secondarily liable. Credit Instruments Company is the current holder of the note. Bart will be obligated to pay the note if a. Ada defaults on the note. b. Credit Instruments breaches a transfer warranty. c. Credit Instruments presents the note for payment. d. Credit Instruments negotiates the note to Delta Collection Agency, a third party.
Answer:
a. Ada defaults on the note.
Explanation:
An agency can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.
The parties entering into a contractual agreement are obligated to terminate an agency relationship by placing into the agreement a time period specifying the termination. Thus, when that time elapses or expires, the agency between the parties involved ends. Furthermore, the parties involved may specify the particular purpose for which the agency is established. Once that purpose is achieved, the agency is terminated or ends.
This ultimately implies that, the legal entity or secondary liability (trustee or licensee) would be held responsible for the losses, legal claims and damages incurred by its partner in an agency, whether or not the agent's actions were authorized or unauthorized by the principal.
In this scenario, Ada is the maker of a note, on which Bart is secondarily liable. Also, the current holder of the note is Credit Instruments Company.
Since Bart is secondarily liable to Ada, it will be obligated to pay for any of the notes if Ada defaults on the them.
Hence, a trustee is liable for acts or contracts entered into by an agent when he or she gives an agent either actual authority (power of attorney) or apparent authority.
Explain where in the U.S. balance of payments an entry would be recorded for each of the following:
a. A Hong Kong financier buys some U.S. corporate stock.
b. A U.S. tourist in Paris buys some perfume to take home.
c. A Japanese company sells machinery to a pineapple company in Hawaii.
d. U.S. farmers gave food to starving children in Ethiopia.
e. The U.S. Treasury sells a bond to a Saudi Arabian prince.
f. A U.S. tourist flies to France on Air France.
g. A U.S. company sells insurance to a foreign firm.
Answer:
a. This a capital inflow and it will be recorded in the capital account in the BOP in the BOP.
b. This is an imports of merchandise and it will be recorded under current account in the BOP.
c. This is also an import of merchandise and it will be recorded under current in the BOP.
d. This is an exports of merchandise and it will be recorded under current in the BOP.
e. This an outflow of capital and it will be recorded under capital accounts in the BOP.
f. This is a purchase or import of service and it will be recorded under current account in BOP.
g. This is a sale or export of service and it will be recorded under current account in the BOP.
Explanation:
Balance of Payment (BOP) refers to the statement in which every monetary transactions made between residents of a country and the rest of the world during a specific period are recorded.
Balance of payments records the inflows and outflows of capital which monitors under capital account, imports and exports of merchandise and service which are monitor under current account, and financial transactions.
Therefore, we have:
a. A Hong Kong financier buys some U.S. corporate stock.
This a capital inflow and it will be recorded in the capital account in the BOP in the BOP.
b. A U.S. tourist in Paris buys some perfume to take home.
This is an imports of merchandise and it will be recorded under current account in the BOP.
c. A Japanese company sells machinery to a pineapple company in Hawaii.
This is also an import of merchandise and it will be recorded under current in the BOP.
d. U.S. farmers make a gift of food to starving children in Ethiopia
This is an exports of merchandise and it will be recorded under current in the BOP.
e. The U.S. Treasury sells a bond to a Saudi Arabian prince.
This an outflow of capital and it will be recorded under capital accounts in the BOP.
f. A U.S. tourist flies to France on Air France.
This is a purchase or import of service and it will be recorded under current account in BOP.
g. A U.S. company sells insurance to a foreign firm.
This is a sale or export of service and it will be recorded under current account in the BOP.
Legos makes multiple lines of products, including Duplos (for toddlers), various Lego kits and games (for boys 7-12 years of age), Friends and Disney Princess Lego kits (for girls 7-12 years of age), Technics (automated kits for teenage boys), and Legos Architecture (for young adults and college students). For each of these product lines, Lego targets a specific segment of consumers and develops different promotional strategies to appeal to each segment. This illustrates:
Question Completion:
O an undifferentiated targeting strategy.
O a differentiated (multi-segment) targeting strategy.
O a concentrated targeting strategy.
O none of these.
O an non-concentrated targeting strategy.
Answer:
Legos
This illustrates:
O a differentiated (multi-segment) targeting strategy.
Explanation:
The company is using a differentiated, multi-segment targeting strategy. The multi-segments targeted are toddlers, boys 7-12 years of age, girls 7-12 years of age, teenage boys, and young adults and college students. With this differentiated multi-segment marketing, Legos targets each segment in a different way, providing unique benefits to the different market segments. The purpose is to maximize sales and profits by meeting the multivariate needs of the various segments.
Pluto Inc., a leather goods manufacturer, produces and sells a wide range of leather bags, wallets, purses, and belts. It recently opened an outlet in Mexico. However, since Mexico's per capita income is approximately one-third that of the U.S., Lolita's sales have dipped. Moreover, the extent of available financing in the country is limited. With regard to global marketing research, the dip in Lolita's sales can be attributed to which of the following organizational issues?
A. Political conditions
B. Culture
C. Willingness to buy
D. Ability to buy
Mason bought a rotisserie in preparation for a party he was planning. When he put a chicken on the rotisserie, it would not rotate, but stayed in one position where it burned the chicken on one side and left it raw on the other. When he returned the rotisserie to the store, the salesperson disclaimed any responsibility because he had never told Mason the rotisserie would rotate the food as it cooked. Does Mason have any recourse?
Answer: Yes, although the salesperson did not make any express warranties, the UCC imposes an implied warranty of merchantability under which the rotisserie is guaranteed to be fit for the ordinary purposes for which it is used.
Explanation:
From the information given, we can infer that Mason has a recourse. Even though the salesperson did not make any express warranties, it should be noted that the UCC imposes an implied warranty of merchantability and hence, the rotisserie will be guaranteed to be fit for the purposes ordinarily for which it is used.
Therefore, the correct option will be D.
Sally took out a $70,000, 5-year term policy at age 45. The premium per $1,000
was $4.21. She will be 50 years old this year. The premium per $1,000 will be
$5.90. What is the percent increase?*
40%
45%
42%
52%
K
The marketing manager at Home Depot works with Hunt Advertising to coordinate all promotional messages for a product or a service. For example, to sell the new line of lighting fixtures, the marketing manager and Hunt Advertising make sure that all messages are consistent at every contact point at which Home Depot interacts with the consumer. This is an example of _______. a. AIDA model b. content marketing c. integrated marketing communications (IMC) d. promotional mix
Answer:
The answer is "Choice d"
Explanation:
The Advertising Mix is the integration of publicity, personal selling, advertising, and marketing. To maintain a sustainable mix of those promotional resources, advertisers need to look only at the following questions. It really is the company's promotional software. With the assistance of the marketing manager and a 3rd parties advertiser, they sell the offering.
When a monopolist increases the amount of output that it produces and sells, the price of its output Group of answer choices stays the same. increases. decreases. may increase or decrease depending on the price elasticity of demand.
Answer:
Decreases
Explanation:
Monopolist is the sole seller of a good or service in a market. Eg : Indian Railways
It has a downward sloping demand curve, implying price & quantity demanded are inversely related. So, more quantity can be sold at lower prices, & higher price leads to less quantity sold.
Hence : When a monopolist increases the amount of output that it produces and sells, the price of its output Decreases.
SKCM Co. has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report from the actuary. The following information was included in the report: ending PBO, $110,000; benefits paid to retirees, $10,000; interest cost, $7,200. The discount rate applied by the actuary was 8%. What was the beginning PBO
Answer: $90,000
Explanation:
The Interest cost is based on the beginning PBO and the discount rate by the formula:
Interest cost = Beginning PBO * Discount rate
7,200 = Beginning PBO * 8%
Beginning PBO = 7,200 / 8%
= $90,000
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:
A. 9.21%
Explanation:
WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt
Cost of Equity calculation :
Cost of Equity = Interest from risk free security + beta x market premium
= 3.00 % + 2.3 x 8.00%
= 21.40 %
Cost of Debt calculation :
PV = - $700
FV = $1,000
N = 25
PMT = $1,000 x 8% = $80
P/YR = 1
I/YR = ???
The Bond`s yield will be the cost of debt. The cost of debt using a financial calculator i/yr is 11.76 %
But,
We always use the After tax cost of debt,
After tax cost of debt = interest x (1 - tax rate)
= 11.76 % x (1 - 0.40)
= 7.056 %
therefore,
WACC = 21.40 % x 15 % + 7.056 % x 85 %
= 9.2076 or 9.21 %
Salt Lake Glassware Company issues $1,121,000 of its 12%, 10-year bonds at 99 on February 28, 2017. The bonds pay interest on February 28 and August 31. Assume that Salt Lake uses the straight-line method for amortization. The journal entry to record the first interest payment on August 31, 2017 includes a ________.
Answer:
Debit Interest Expense 67,821
Credit disc 560.5
Cr Cash 67,260
Explanation:
Based on the information given the appropriate journal entry to record the first interest payment on August 31, 2017 includes a:.
Debit Interest Expense 67,821
($67260 + $560.5)
Credit disc 560.5
[ $1,121,000 ×(100%÷99%) ÷ 20 = $560.5]
Cr Cash 67,260
( $1,121,000 × 12% × 6÷12= $67,260)
( Being interest expense is recorded)
A private not-for-profit entity receives three large cash donations: One gift of $75,000 is restricted by the donor so that it cannot be spent for four years. One gift of $95,000 is restricted to pay the salaries of the entity's workers. One gift of $125,000 must be held forever with the income to be used to provide food for needy families. In the current year, income of $15,000 was earned but not spent. What is the increase in the current year in net assets with donor restrictions
Answer:
$310,000
Explanation:
Calculation to determine the increase in the current year in net assets with donor restrictions
Using this formula
Net assets current year Increase=Restricted gift by donor+Restricted gift to pay salary+Restricted gift withheld+Unspent income earned
Let plug in the formula
Net assets current year Increase=$75,000+$95,000+$125,000+$15,000
Net assets current year Increase=$310,000
Therefore the increase in the current year in net assets with donor restrictions will be $310,000
Nathan Akpan is planning to invest in a seven-year bond that pays annual coupons at a rate of 7 percent. It is currently selling at $927.23. What is the current market yield on this bond
Answer:
Cost of debt= 8.34%
Explanation:
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- 7%× 1000 =70 , P= 927.23, F- 1000
AYM = 70 + (1000-927.23)/7÷ 1/2× (1000+927.23)
= 80.39571429 ÷ 963.615
= Yield to maturity = 8.34%
Cost of debt= 8.34%
The correct statement will be that the current market yield on such a bond having an annual coupon rate of seven percent and selling for $927.23 will be around 8.34%.
Calculation of market yield can be done by applying the values available in the information given above to the appropriate formula for calculation of market yield.
Market yieldThe computation of market yield can be done with the help of the following formula,[tex]\rm Market\ Yield= \dfrac{Coupon\ rate\ + Face\ Value- Current\ Price}{\dfrac{1}{2}\ x\ Face\ value\ + Current\ Price}\\ [/tex]Applying the available values to the given formula, [tex]\rm Market\ Yield= \dfrac{\dfrac{(0.07\ x\ 1000)}{7}}{\dfrac{1}{2}\ x\ (1000+927.23)}\\ \\\\ \rm Market\ Yield= \dfrac{80.39}{963.61}\\ \\\\ \rm Market\ Yield= 0.0834[/tex]So, the cost of debt is computed as 8.34%.Hence, the market yield of the bond with 7% coupon rate and market current price of $927.23 is 8.34%.
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what are the examples of veriable costs
Answer:
Common examples of variable costs include costs of goods sold (COGS), raw materials and inputs to production, packaging, wages and commissions, and certain utilities (for example, electricity or gas that increases with production capacity).
Explanation:
Russell Container Corporation has a $1,000 par value bonds outstanding with 30 years to maturity. The bind carries an annual interest payment of $105 and is currently selling for $880 per bond. Russell Corp. is in a 40 percent tax bracket. The firm wishes to know what the after-tax cost of a new bind issue is likely to be. The yield to maturity on the new issue will be the same as the yield to maturity on the old issue because the risk and maturity date will be similar.
a) Compute the yield to maturity on the old issue and use this as the yield for the new issue.
b) Make the appropriate tax adjustment to determine the after-tax cost of debt.
Answer: here is the answer
Explanation: 1gtv/76hg
True or False ?
Classifying authority and power is part of the organization process and structure.
Consumer mobility refers to the idea that consumers like to find the same products everywhere. An example of a company that sells products everywhere in the world because its customers are all over the world is:
Group of answer choices.
a. McDonald's Restaurants.
b. Intercontinental Hotels.
c. Fuji Film.
d. All of the above
e. None of the above
Answer:
d. All of the above
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
Consumer mobility can be defined as an idea or situation in which consumers of goods and services like to find the same products they have interest in everywhere i.e across the world.
In this context, some example of a company that sells its products everywhere in the world due to the fact that its customers are found all over the world are: McDonald's Restaurants, Intercontinental Hotels, Apple Inc., Microsoft Inc., and Fuji Film.
When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?
a) Show them proof of her high credit score.
b) Sign an agreement to pay back $9000.
c) Go to a bank instead of getting a loan from her parents.
d) Give them the title to her car.
help please!!
Why did unemployment rise during the Great Recession?
Answer: Some of the trigger factors included: Drought conditions that ravaged agricultural regions worldwide Low credit availability that added to debt by borrowing Deflation in prices of consumer goods made worse by a drop in wages
Explanation:
Unemployment tends to rise quickly, and often remain elevated, during a recession. With the onset of recession as companies face increased costs, stagnant or falling revenue, and increased pressure to service their debts they begin to lay off workers in order to cut costs.
