A firm has fixed operating costs of $13568, a sale price per unit of $35, a variable cost per unit of $16, and interest expense of $992. At a base sales level of 9709 units, the firm's degree of total leverage (DTL) is (2 marks)

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Answer 1

The firm's degree of total leverage (DTL) is 1.90.

The degree of total leverage (DTL) measures the sensitivity of a firm's net income to changes in sales. It is calculated by dividing the percentage change in net income by the percentage change in sales. In this case, we can calculate DTL using the formula:

DTL = (Percentage change in net income) / (Percentage change in sales)

Given the fixed operating costs, sale price per unit, variable cost per unit, and interest expense, we can calculate the firm's net income at the base sales level of 9709 units. Then, we can calculate the net income at a different sales level (e.g., if sales increase or decrease by a certain percentage) and calculate the percentage change in net income. Similarly, we can calculate the percentage change in sales. Dividing the percentage change in net income by the percentage change in sales gives us the firm's DTL.

Keywords: firm, operating costs, sale price, variable cost, interest expense, degree of total leverage (DTL).

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Related Questions

[4 pts] Firm XYZ operates in a perfectly competitive market where price is equal to 10. The firm has the total cost function TC(Q)=18+2Q+ (1/2)Q2. How much does the firm produce? What is the markup for firm XYZ?

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In this question, we are given the following information:

Firm XYZ operates in a perfectly competitive market where price is equal to 10.

The firm has the total cost function TC(Q)=18+2Q+ (1/2)Q^2. We need to calculate how much the firm produces and what is the markup for firm XYZ.

Let's solve each part of the question below. In a perfectly competitive market, the firm produces where its marginal cost (MC) is equal to the market price (P).

MC(Q) = TC(Q)/QTo  

we need to differentiate the given TC equation w.r.t Q. TC(Q)=18+2Q+ (1/2)Q^2 d(TC)/dQ = 2 + QMC(Q) = 2 + Q Now, we equate MC and P, we get: 2 + Q = 10 Q = 8Therefore, the firm produces 8 units. Markup for firm XYZ

The markup is given as the ratio of the price charged by the firm above its marginal cost expressed as a percentage. markup = (P - MC)/MC * 100 markup = (10 - (2 + 8))/8 * 100 markup = 12.5%Therefore, the markup for firm XYZ is 12.5%.

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Question 1
Hobby Ltd has two group compaines, Leisre Ltd and Craft Ltd. The
income statements for Hobby Ltd, Leisure Ltd and Craft Ltd for the
year ended 31 Decemeber 2021 are given as follows:
Income
Hobby Ltd acquired 60% of Leisure Ltd on 1 January 2015 for £4,536,000, gaining significant influence over Leisure Ltd. On this date, the share capital of Leisure Ltd was £1,350,000 and the retained

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earnings were £2,224,000. During 2021, Hobby Ltd had consultancy fees of £200,000 from Leisure Ltd. In addition, Hobby Ltd provided a loan to Leisure Ltd of £300,000 on 1 January 2021, which attracted interest at 5% per annum. The loan was repaid in full on 31 December 2021.

On 1 January 2021, Craft Ltd purchased 40% of Leisure Ltd for £1,768,000. The share capital of Leisure Ltd was £420,000 and the retained earnings were £2,224,000. During 2021, Craft Ltd had consultancy fees of £40,000 from Leisure Ltd.

The following information is also given:

Hobby Ltd had a loan of £500,000 outstanding on 1 January 2021, which was not repaid during 2021. The loan was provided by the company's bank at an annual interest rate of 8%.

The group uses the weighted average method to calculate its consolidated financial statements.

The directors of the group are satisfied that the carrying value of the Leisure Ltd shares and loans are not impaired.

Required:

Prepare the consolidated financial statements for the group. You should present the financial statements in a form suitable for submission to the company's auditors.

Prepare the group's consolidated statement of financial position, using the workings to show all calculations.

Prepare the group's consolidated income statement. Use the workings to show all calculations.

Prepare the group's consolidated statement of cash flows. Use the workings to show all calculations.

Prepare the group's consolidated statement of changes in equity. Use the workings to show all calculations.

The consolidated financial statements can be presented in a form suitable for submission to the company's auditors. This would typically involve presenting the financial statements in a tabular format with separate columns for Hobby Ltd, Leisure Ltd, and Craft Ltd, as well as the consolidated values. The financial statements should also include notes to the financial statements that provide additional information and explanations about the transactions and events that have occurred during the year.

The consolidated statement of financial position for the group would show the total assets, liabilities, and equity of the group, as well as the share of assets, liabilities, and equity attributable to each of the three companies in the group.

The consolidated income statement would show the total revenue, cost of sales, gross profit, operating profit, interest income, interest expense, and net profit for the group.

The consolidated statement of cash flows would show the cash inflows and outflows from operating activities, investing activities, and financing activities for the group.

The consolidated statement of changes in equity would show the changes in equity for each of the three companies in the group, as well as the consolidated changes in equity for the group.

The financial performance of the group during the year can be analyzed by reviewing the consolidated financial statements. This would involve looking at the changes in assets, liabilities, equity, revenue, cost of sales, gross profit, operating profit, interest income, interest expense, and net profit from one period to the next.

A brief conclusion can be drawn based on the analysis of the financial statements. This could include a summary of the group's financial performance, any significant events or transactions that occurred during the year, and any recommendations for future actions.

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Who saved the Japan from the great disaster of 1856?
What was the impact of of disaster on the economy of
Tokya?
Don't give the answer, if you don't have the knowledge
about it. I got the wrong answer

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The great disaster that struck Japan in1856 was the tsunami, which was triggered by a powerful earthquake. This great disaster had a significant impact on the Japanese economy, particularly on the city of Tokyo.

An earthquake of magnitude 8.2 struck the coast of Japan on 23rd October 1856. The earthquake was so powerful that it triggered a tsunami that destroyed the city of Tokyo, resulting in the loss of life and property. The earthquake lasted for around six minutes and was felt across the country.The disaster also had a profound impact on the country as a whole. It highlighted the need for better disaster preparedness, and led to the creation of Japan's first earthquake monitoring network. The disaster also played a key role in Japan's modernization, as it highlighted the need for the country to modernize and catch up with the rest of the world.

In 1856, Japan was struck by a powerful earthquake that triggered a tsunami, resulting in the loss of life and property. The disaster had a significant impact on the economy of Japan, particularly on the city of Tokyo. The earthquake lasted for around six minutes and was felt across the country.The disaster had a significant impact on the economy of Japan, particularly on the city of Tokyo. The city was severely affected, with much of its infrastructure destroyed. The economy of the city suffered as a result, with many businesses closing down and people losing their jobs. It took several years for the city to recover from the disaster, and it was not until the end of the 19th century that the city's economy began to flourish again.The disaster also had a profound impact on the country as a whole. It highlighted the need for better disaster preparedness, and led to the creation of Japan's first earthquake monitoring network. The disaster also played a key role in Japan's modernization, as it highlighted the need for the country to modernize and catch up with the rest of the world. Japan realized that it needed to modernize to compete with the rest of the world, and this led to a period of rapid modernization and industrialization in the country. Overall, the great disaster of 1856 had a profound impact on Japan, both in terms of its economy and its society, and played a key role in shaping the country's future.

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You have to do further research on these three tests ( Mann- Whitney U test, Wilcoxon Rank Sum test, Spearman's rank correlation)

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Here's the further research on Mann-Whitney U test, Wilcoxon Rank Sum test, and Spearman's rank correlation: 1. Mann-Whitney U Test.

The Mann-Whitney U test is a non-parametric statistical test used to compare two independent groups of samples and determine whether they are significantly different from one another. This test is used when normality assumptions are not met, or the sample sizes are small. In this test, the hypothesis is that the two groups come from the same population. If the null hypothesis is rejected, then the two groups are considered to be significantly different from each other.

2. Wilcoxon Rank Sum Test: The Wilcoxon Rank Sum test is a non-parametric statistical test used to compare two independent groups of samples and determine whether they are significantly different from one another. This test is also used when normality assumptions are not met, or the sample sizes are small. In this test, the hypothesis is that the two groups come from the same population. If the null hypothesis is rejected, then the two groups are considered to be significantly different from each other.

3. Spearman's Rank Correlation: Spearman's rank correlation is a non-parametric statistical test used to measure the strength and direction of the relationship between two variables. This test is used when the data is ordinal or when the normality assumptions are not met. In this test, the hypothesis is that there is no correlation between the two variables. If the null hypothesis is rejected, then there is a significant correlation between the two variables.

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Assume there is a bond with the coupon rate of 12.0%, yield to maturity (YTM) of 6.2%, and with the face value of $1,000. Further assume that the bond will mature 9 years from now, and that the interest rate will compound monthly. What is the bond’s current market value? Group of answer choices
a. $1,401.25
b. $1,399.29
c. $1,298.45
d. $1,374.54

Answers

To calculate the current market value of a bond, we need to discount the bond's future cash flows, which consist of periodic coupon payments and the face value at maturity, to the present value using the yield to maturity (YTM) as the discount rate.

In this case, the bond has a coupon rate of 12.0%, a face value of $1,000, and will mature in 9 years. The YTM is 6.2%, compounded monthly.

To find the current market value, we can use a financial calculator or spreadsheet software. The formula for the present value of a bond is:

Market Value = (Coupon Payment / (1 + (YTM / Frequency))) * [1 - (1 / (1 + (YTM / Frequency))^n)] + (Face Value / (1 + (YTM / Frequency))^n)

Where:

- Coupon Payment = Annual coupon payment = Coupon Rate * Face Value

- YTM = Yield to Maturity

- Frequency = Number of compounding periods per year

- n = Number of years to maturity

Plugging in the values:

Coupon Payment = 12.0% * $1,000 = $120

YTM = 6.2% (monthly, so Frequency = 12)

n = 9

Using the formula and calculations, the bond's current market value is approximately $1,298.45.

Therefore, the correct answer is c. $1,298.45.

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Consider the following project (assume that normal and crash times are in days).Activity Normal Time (NT) Normal Cost (NC) Crash Time (CT) Crash Cost (CC) Slope A 7 6 $6,000 $4,500 $5,000 B 5 3 $7,200 с 4 $7,500 3 $8,000 D 4 4 $6,000 2 $7,600 E 5 $8,000 5 $8,000 7 11 0 7 A, 7 07 →C, 4 7 11 0 0 Start 11 16 E, 5 16 16 End 0 0 11 16 16 16 05 B, 5 27 7 11 D, 4 7 11 1. Which of the following activities is not critical? Select 1 2. The Critical Path(s) is (are) [ Select 1 3. The project duration with Normal Times is [ Select 1 4. The slacks for activities A and B are Select 1 5. The slopes of activities B and Care: Select 1 6. The most cost-effective approach to reducing the project duration by 1 day is: [ Select] 7. The max days the activity D can be crashed is Select 1 8. The shortest possible (i.e., minimum) project duration, in days, is:

Answers

1. The activity that is not critical is Activity B because it has a slack of 11 - 5 = 6

2. The Critical Path(s) are A → C → E, which takes 16 days.

3. The project duration with Normal Times is 16 days

4. The slacks for activities A and B are 0 and 6 respectively.

5. The slopes of activities B and C are both 1200

6. The most cost-effective approach to reducing the project duration by 1 day is to crash Activity A by 1 day

7. The max days the activity D can be crashed is 2.

8. The shortest possible project duration, in days, is 13

1. The activity that is not critical is Activity B because it has a slack of 11 - 5 = 6 which means that it can be delayed by 6 days without delaying the project.

2. The Critical Path(s) are A → C → E, which takes 16 days.

3. The project duration with Normal Times is 16 days, because that is the duration of the critical path.

4. The slacks for activities A and B are 0 and 6 respectively.

5. The slopes of activities B and C are both 1200, because the slope is the difference in cost between the normal and crash times divided by the difference in time.

6. The most cost-effective approach to reducing the project duration by 1 day is to crash Activity A by 1 day, because it has the lowest slope.

7. The max days the activity D can be crashed is 2.

8. The shortest possible project duration, in days, is 13, which is achieved by crashing Activity A by 2 days, and Activity D by 2 days.

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Cryptocurrencies saw a huge increase in price between the beginning and end of 2017 due in large part to a speculative bubble. It can be useful to think of cryptocurrencies as foreign currencies. For the sake of this question, assume that all cryptocurrencies are converted to Bitcoin before being exchanged for domestic currencies (this means that you can think of "cryptocurrencies" as a single type of foreign currency)

1. What would happen to the price of cryptocurrencies if large retailers like Amazon, Walmart, and Alibaba begin to accept cryptocurrencies for payment? Why?

2. Assume that before large retailers began to accept cryptocurrencies, they were being used mainly for nefarious activities. What do you think would happen to the real price of those nefarious activities after large retailers begin to accept cryptocurrencies?

Answers

This increased demand and positive sentiment could further drive up the price of cryptocurrencies. This shift could also be attributed to improved regulatory measures and increased scrutiny on the use of cryptocurrencies for illegal purposes.

If large retailers like Amazon, Walmart, and Alibaba begin to accept cryptocurrencies for payment, it is likely to have a positive impact on the price of cryptocurrencies. The increased acceptance by major retailers would validate cryptocurrencies as a legitimate form of payment, enhancing their utility and increasing demand. This increased demand, coupled with a limited supply of cryptocurrencies, would create upward pressure on their prices. Moreover, the participation of reputable retailers would increase the adoption and awareness of cryptocurrencies among the general public, attracting more investors and users to the market. This increased demand and positive sentiment could further drive up the price of cryptocurrencies.

Assuming that cryptocurrencies were primarily used for nefarious activities before large retailers began accepting them, the real price of those illicit activities is likely to decline. The acceptance of cryptocurrencies by reputable retailers would lead to greater mainstream adoption and integration into legal and legitimate economic activities. As a result, the utility of cryptocurrencies for illicit purposes would diminish as the risk of detection and legal consequences increases. With reduced demand for cryptocurrencies in nefarious activities, the market dynamics would shift, potentially leading to a decrease in the real price of those activities. This shift could also be attributed to improved regulatory measures and increased scrutiny on the use of cryptocurrencies for illegal purposes.

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Discuss the benefits of using ROI/ROA and residual income as performance measures. Include in your answer ‘goal congruence’ and ‘controllability’

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In summary, using ROI, ROA, and residual income as performance measures offers benefits such as providing a clear evaluation of financial performance, promoting goal congruence, and emphasizing controllability.

Using ROI (Return on Investment) and ROA (Return on Assets) as performance measures offer several benefits for evaluating the financial performance of a business. Additionally, incorporating residual income can provide further insights. Let's explore these benefits and how they relate to goal congruence and controllability.

ROI and ROA: ROI and ROA provide a clear and straightforward measure of financial performance. They allow businesses to assess the efficiency and profitability of their investments and asset utilization. Both ratios indicate the return generated in relation to the investment or assets employed. Higher ROI and ROA values generally indicate better performance and efficient resource allocation.

Goal Congruence: ROI and ROA help align the goals of different stakeholders within an organization. These performance measures provide a common metric that can be understood and compared across different divisions or projects. This promotes goal congruence by ensuring that decision-makers at various levels focus on maximizing returns and making investment decisions that align with the organization's overall objectives.

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Devon Corp. is trying to decide whether to lease of purchase a piece of equipment. The total cost lease the equipment will be $151,000 over its estimated life, while the total cost to buy the equipment will be $120.400 over its estimated life. At Devon's required rate of return, the net present value of the cost of leasing the equipment is $108,400 and the net present value of the cost of buying the equipment is $120,000. Based on financial factors, Devon should Multiple Choice - lease the equipment, soving $30,600 over buying buy the equipment, saving $30,600 over leasing teose the equipment, saving $11,600 over buying buy the equipment, Gaving $11600 over leasing Wright Corps considering the purchase of a new piece of equipment, which would have an act year of the equipment's I would be as fotos year! Year years P2,000 $NT/000 $ 100.000 year a 5 247,000 ter $ ZALOM What is the payback period? 221 280 years 2.84 year eqment. The increase in cash flow each Save & Exit Wright Corp is considering the purchase of a new piece of equipment, which would have an inal cost of $1000,000 and a 5-year fe. There is no salvage value for the equipment. The increase in cash flow each year of the equipment's life would be as follows. Mart Year Year year : Pear $2,200 5367.000 5914,000 $ 27,000 $3,000 What is the payback period?

Answers

The year that the cumulative cash flow exceeds the initial investment is Year 4, which means the payback period is 4 years. Therefore, the answer is 4 years

Devon Corp. is trying to decide whether to lease or purchase a piece of equipment. The total cost to lease the equipment will be $151,000 over its estimated life, while the total cost to buy the equipment will be $120.400 over its estimated life. At Devon's required rate of return, the net present value of the cost of leasing the equipment is $108,400 and the net present value of the cost of buying the equipment is $120,000. Based on financial factors, Devon should buy the equipment, saving $30,600 over leasing. To determine the payback period, the cumulative cash flows are calculated until the initial investment has been fully recovered. The cumulative cash flows for each year of the equipment's life are as follows: End of YearCash FlowCumulative Cash Flow11$2,200$2,20022$67,000$69,20033$114,000$183,20044$141,000$324,20055$147,000$471,200Payback period refers to the length of time it takes to recoup the initial investment. To compute the payback period, you need to determine the year that the cumulative cash flow exceeds the initial investment.

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Peter Corporation reported the following transactions for 2013: 1. 2. 3. 4, 5. 6. 7. B. 9. 10 The net cash flow from investing activities is: $17,000 $12,000 $3.000 $7.000 283 FA Q A R Sold equipment for a loss of $2,000. The original cost was $15,000, the book value is $6,000 Issued 2,000 shares of $5 par value common stock for $12 per share Paid $3,000 for an Insurance policy which goes into effect in February 2014. The Prepaid Insurance account balance was $5,000 on 1/1/13 and $3,500 on 12/31/13 Reported Net Income of $12,000 on the Income Statement dated 12/31/13 Reacquired 300 shares of its own $5 par common stock at $20 per share Recorded depreciation expense for $5,000 Paid $3,000 of dividends to common stockholders Acquired a building with a market value of $250.000 by issuing 20,000 shares of common stock. Paid salaries of $18,000 Repaid a loan, which included $5,000 of the principal and $1,000 in interest

Answers

The net cash flow from investing activities is $17,000. Corporation means an association of people formed for carrying on a business and that has a legal identity distinct from those of its members.

Here are the transactions:Sold equipment for a loss of $2,000. The original cost was $15,000, the book value is $6,000.Issued 2,000 shares of $5 par value common stock for $12 per share.Acquired a building with a market value of $250,000 by issuing 20,000 shares of common stock.Recorded depreciation expense for $5,000.Reacquired 300 shares of its own $5 par common stock at $20 per share.

Paid $3,000 of dividends to common stockholders. Repaid a loan, which included $5,000 of the principal and $1,000 in interest.Paid salaries of $18,000.Paid $3,000 for an Insurance policy which goes into effect in February 2014. The Prepaid Insurance account balance was $5,000 on 1/1/13 and $3,500 on 12/31/13.Reported Net Income of $12,000 on the Income Statement dated 12/31/13.The net cash flow from investing activities is $17,000.

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What is the value at the end of year 2 of a perpetual stream of
$70,000 quarterly payments that begins at the end of year 4? The
APR is 24% compounded monthly.

Answers

The value at the end of year 2 of the perpetual stream of $70,000 quarterly payments is approximately $881,067.89.

To calculate the value at the end of year 2 of a perpetual stream of $70,000 quarterly payments that begins at the end of year 4, we need to discount the cash flows to the end of year 2 using the given annual percentage rate (APR) of 24% compounded monthly.

First, we need to determine the quarterly interest rate. Since the APR is compounded monthly, we divide it by 12 to get the monthly interest rate and then multiply it by 3 to get the quarterly interest rate.

APR = 24%

Monthly interest rate = 24% / 12 = 2%

Quarterly interest rate = 2% * 3 = 6%

Next, we calculate the present value of each quarterly payment using the formula for the present value of a perpetuity:

PV = Payment / Interest rate

PV = $70,000 / 6% = $1,166,667

Since the payments begin at the end of year 4 and we want to find the value at the end of year 2, we need to discount the present value of the cash flows by two years.

Discounted value at the end of year 2 = PV / (1 + Quarterly interest rate)^8

Discounted value at the end of year 2 = $1,166,667 / (1 + 6%)^8 ≈ $881,067.89

Therefore, the value at the end of year 2 of the perpetual stream of $70,000 quarterly payments is approximately $881,067.89.

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Wade's Outstanding Stock Consists Of 40,000 Shares Of Noncumulative 7.5% Preferred Stock With A $10 Par Value And Also 100,000 Shares Of Common Stock With A $1 Par Value. During Its First Four Years Of Operation, The Corporation Declared And Paid The Following Total Cash Dividends: 2011.............. $ 10,000 2012.............. $ 24,000 2013.............. $
Wade's outstanding stock consists of 40,000 shares of noncumulative 7.5% preferred stock with a $10 par value and also 100,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: 2011.............. $ 10,000 2012.............. $ 24,000 2013.............. $ 100,000 2014.............. $ 196,000 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common.

Answers

Wade's outstanding stock consists of 40,000 shares of noncumulative 7.5% preferred stock with a $10 par value and also 100,000 shares of common stock with a $1 par value and the following total cash dividends: 2011.............. $ 10,000 2012.............. $ 24,000 2013.............. $ 100,000 2014.............. $ 196,000.

Part-1: Calculation of Preferred stock dividends per shareDividends on Preferred stock = (Par value of preferred stock × dividend rate) = ($10 × 7.5%) = $0.75 per share.

Therefore, Dividends paid to preferred stockholders in each year is calculated by multiplying the dividends per share by the number of preferred shares:For the year 2011:  Preferred stock dividends paid = $0.75 × 40,000 = $30,000For the year 2012: Preferred stock dividends paid = $0.75 × 40,000 = $30,000For the year 2013: Preferred stock dividends paid = $0.75 × 40,000 = $30,000For the year 2014: Preferred stock dividends paid = $0.75 × 40,000 = $30,000.

Part-2: Calculation of Common stock dividends per share Common stockholders receive dividends after preferred stockholders have been paid their dividends.

Therefore, the total dividend amount less the preferred stock dividends equals the dividends available to common stockholders. Dividends available to Common stockholders in each year: For the year 2011: Common stock dividends paid = $10,000 - $30,000 = -$20,000 (no dividends) For the year 2012: Common stock dividends paid = $24,000 - $30,000 = -$6,000 (no dividends) For the year 2013: Common stock dividends paid = $100,000 - $30,000 = $70,000Common stock dividend per share in 2013 = $70,000 ÷ 100,000 = $0.70 per shareFor the year 2014: Common stock dividends paid = $196,000 - $30,000 = $166,000Common stock dividend per share in 2014 = $166,000 ÷ 100,000 = $1.66 per share.

Hence, the amount of dividends paid each year to each of the two classes of stockholders: preferred and common are: Preferred Stock dividends paid:2011 - $30,0002012 - $30,0002013 - $30,0002014 - $30,000Common Stock dividends paid:2011 - No dividends2012 - No dividends2013 - $70,000 at $0.70 per share2014 - $166,000 at $1.66 per share

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Sylvestor Systems borrows $110,000 cash on May 15, 2017, by signing a 60-day, 12% note.
1. On what date does this note mature?
2. Suppose the face value of the note equals $110,000, the principal of the loan. Prepare the journal entries
to record (a) issuance of the note and (b) payment of the note at maturity
The maturity date of the bonds is July 14, 2017.
The interest expenses are $2,200

Answers

Maturity date of the note: The maturity date of the note is calculated as follows; Principal = $110,000Interest rate = 12%Time = 60 days (2 months)The interest of the note is calculated as;I = PRT/100I = $110,000 x 12% x 2/12I = $2,200Therefore, the amount payable at maturity = Principal + Interest = $110,000 + $2,200 = $112,200

Thus, the maturity date of the note is 60 days from May 15, 2017 which is July 14, 2017.ANSWER: July 14, 2017 is the maturity date of the note.2. Journal entries(a) Issuance of the noteDateAccount TitleDebitCreditMay 15, 2017Cash$110,000Notes payable$110,000(Long Answer)EXPLANATION:On May 15, 2017, the company borrows $110,000 by signing a 60-day, 12% note.

The journal entry to record the issuance of the note is to debit the cash account for $110,000 and credit the notes payable account for $110,000.(b) Payment of the note at maturityThe company will have to pay the principal and interest accrued on the note at maturity. Since the interest is 12%, the company will pay $2,200 in interest.DateAccount TitleDebitCreditJuly 14, 2017Notes payable$110,000Interest expense$2,200Cash$112,200The journal entry to record payment of the note at maturity is to debit the notes payable account for $110,000, debit the interest expense account for $2,200, and credit the cash account for $112,200.

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Read the case study "Who Shall Rule" and answer the following questions

1. What education, background, and work history would you want ideal CEO candidates to have? What information would you need to determine their job performance and unit effectiveness over the past three years? What information would you need to determine their potential for the CEO position? What would cause you to recommend that the Board go outside of CSL for the next CEO?

2 What education, background, and work history would you want ideal CHRO candidates to have? What information would you need to determine their job performance and unit effectiveness over the past three years? What information would you need to determine their potential for the CHRO position? What would cause you to recommend that the Board go outside of CSL for the next CHRO?

3 One of the other positions that need to be filled is the president of the Asia-Pacific division. CSL APAC has eight plants located in Japan, Korea, India, Vietnam, Malaysia, and Indonesia. What education, background, and work history would you want ideal candidates for this position to have? What information would you need to determine their job performance and unit effectiveness over the past three years? What information would you need to determine their potential for the division president position? What would cause you to recommend that the Board go outside of CSL for the next division president?

Answers

1.For the CEO position, ideal candidates should have a Master's degree in business administration or relevant field, along with extensive experience in a leadership position in the pharmaceutical industry. 2.or the CHRO position, ideal candidates should have a degree in Human Resources Management or similar qualifications accompanied by extensive work experience in human resources, training, or talent management at an executive level. 3.For the division president position in CSL APAC, ideal candidates should have a Master's degree in business administration or relevant field.

1.For the CEO position, ideal candidates should have a Master's degree in business administration or relevant field, along with extensive experience in a leadership position in the pharmaceutical industry. They should have a track record of increasing revenue, managing costs, and expanding into new markets. To determine their job performance and unit effectiveness over the past three years, information such as financial reports, company performance, and feedback from employees and stakeholders can be evaluated. To determine their potential for the CEO position, it is important to assess their strategic thinking abilities, communication skills, and leadership qualities. If there is a lack of qualified internal candidates, or if external candidates possess stronger credentials and experience, it might be recommended that the Board go outside of CSL for the next CEO.

2.For the CHRO position, ideal candidates should have a degree in Human Resources Management or similar qualifications accompanied by extensive work experience in human resources, training, or talent management at an executive level. Candidates should possess strong interpersonal skills and an ability to build strategic relationships. To determine their job performance and unit effectiveness over the past three years, evaluations can be performed based on employee satisfaction surveys and feedback from executives. To determine their potential for the CHRO position, assessments can be conducted to evaluate their competencies within human resource management, including their knowledge of HR best practices, employee relations, benefits, and compensation. If there is a lack of qualified internal candidates, or if external candidates possess stronger credentials and experience, it might be recommended that the Board go outside of CSL for the next CHRO.

3.For the division president position in CSL APAC, ideal candidates should have a Master's degree in business administration or relevant field. They should have substantial experience in the pharmaceutical industry, including experience managing and operating different plants in a culturally diverse environment. To determine their job performance and unit effectiveness over the past three years, evaluations can be conducted based on the performance of the plants under their jurisdiction and feedback from employees and stakeholders. To determine their potential for the division president position, assessments can focus on their track record of successful operations in challenging environments, strategic planning, and leadership qualities. If there is a lack of qualified internal candidates, or if external candidates possess stronger credentials and experience, it might be recommended that the Board go outside of CSL for the next division president.

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Describe the following sustainability factors of a career development program 1. institutional 2. social 3. technical 4. financial 5. economic 6. environmental
according to the following project activities :
- Organize programs for parents/guardians on choosing career paths for their wards.
- Demystifying untruths or falsehoods about certain courses.
-The media broadcasting various carrier paths/professions.
-Guidance and Counseling units equipped with career path development skills.

Answers

Institutional: Creating an institutional framework to support career development programs for parents/guardians, ensuring their active participation and involvement.

Social: Addressing societal misconceptions about certain career paths and promoting a diverse range of professions to foster inclusivity and equal opportunities.

Technical: Utilizing media platforms to broadcast information about different career paths, enabling individuals to make informed decisions.

Financial: Ensuring the availability of financial resources to sustain and expand the career development programs.

Economic: Fostering economic growth by promoting diverse career options, leading to a skilled and productive workforce.

Environmental: Considering the environmental impact of career choices and promoting sustainable practices within various professions.

The sustainability factors of the career development program encompass various aspects. Institutional factors focus on organizing programs for parents and equipping guidance and counseling units.

Social factors involve demystifying misconceptions about certain courses and utilizing media to broadcast different career paths. Technical factors entail providing career development skills to the counseling units. Financial factors are essential for ensuring the availability of resources and funding for the program. Economic factors consider the long-term benefits and impact on the economy. Lastly, environmental factors explore the program's ecological implications.

The career development program incorporates several sustainability factors. Institutionally, the program organizes programs specifically targeted at parents or guardians to assist them in making informed decisions regarding their wards' career paths. Additionally, the program emphasizes equipping the guidance and counseling units with the necessary skills to facilitate career path development.

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which of the following is a government solution to a positive externality? an answer and submit. For keyboard navigation, use the up/down arrow keys to select an ans The Sierra Club uses private donations to protect the environment Corporations fund scholarships to make college education more affordable The county uses tax revenue to fund public schools Mr. Jones allows Mr. Smith to cut down a large tree on the Jones property tha blocking Mr. Smith's view

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The county using tax revenue to fund public schools is a government solution to a positive externality. A positive externality occurs when an action or decision by one party creates benefits for others who are not directly involved.

In such cases, the government often intervenes to address the positive externality and ensure that the socially optimal level of the activity is achieved. One government solution to a positive externality is the allocation of tax revenue to fund public goods or services. By using tax revenue to finance public schools, the government aims to provide education opportunities that benefit society as a whole. Public schools offer education to a wide range of students, regardless of their ability to pay, and contribute to the overall development and well-being of the community.

This government intervention helps address the positive externality associated with education by ensuring that individuals have access to educational opportunities and the associated benefits. By providing public funding for schools, the government promotes equal access to education, fosters human capital development, and contributes to the overall welfare and productivity of society.

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Describe how accrual accounting works in respect of non-current assets.

Answers

Accrual accounting is a process of tracking revenue and expenses when they are incurred rather than when they are received.

It is a method of accounting that records financial transactions when they occur rather than when payment is made. Accrual accounting is a popular method of accounting for non-current assets, such as property, plant, and equipment, because it allows companies to account for changes in the value of assets over time.

How accrual accounting works in respect of non-current assets? Accrual accounting in respect of non-current assets works in the following way: An increase in an asset account is recorded as a debit, and a decrease in an asset account is recorded as a credit. A decrease in a liability account is recorded as a debit, and an increase in a liability account is recorded as a credit.

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Question 28 of 28 < > Selected transactions for Sophie's Dog Care are as follows during the month of March: Mar. 1 Paid the monthly rent of $1,000. 3 Performed dog grooming services for $140 on account. 5 Performed dog grooming services for cash of $145. 8 Purchased equipment for $300. The company paid cash of $90 and the balance was on account. 12 Received cash from the customers billed on March 3. 14 Paid salaries to employees of $565. 22 Paid utilities of $172. 26 Paid $200 for plumbing repairs. 28 Paid the balance of the amount owed from the equipment purchase on March 8. 30 Paid $1,850 for six months of insurance in advance.

Answers

The selected transactions for Sophie's Dog Care during the month of March are as follows:

Mar. 1: Paid the monthly rent of $1,000.

Mar. 3: Performed dog grooming services for $140 on account.

Mar. 5: Performed dog grooming services for cash of $145.

Mar. 8: Purchased equipment for $300. Paid $90 in cash and the balance on account.

Mar. 12: Received cash from the customers billed on March 3.

Mar. 14: Paid salaries to employees of $565.

Mar. 22: Paid utilities of $172.

Mar. 26: Paid $200 for plumbing repairs.

Mar. 28: Paid the balance owed from the equipment purchase on March 8.

Mar. 30: Paid $1,850 for six months of insurance in advance.

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Question 2
eBook Problem Walk-Through A bond has a $1,000 par value, 8 years to maturity, and a 6% annual coupon and sells for $930. a. What is its yield to maturity (YTM)? Round your answer to two decimal place

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Yield to maturity (YTM) is the expected rate of return on a bond if held until its maturity date, which considers its current market price, par value, coupon interest rate, and time to maturity.

A bond with a $1,000 par value, 8 years to maturity, and a 6% annual coupon and sells for $930. Let's calculate its yield to maturity (YTM): We can use the financial calculator, Excel spreadsheet, or formula to calculate YTM. Here we use the formula: PV = ∑ [C / (1 + r) t] + FV / (1 + r) t Where: PV = current market price of bond C = coupon interest paymentFV = bond's face valuer = yield to maturity t = a number of years to maturity.

Rearranging the above formula to solve for r: r = (C + FV / n) / [(FV + PV) / n] + 1/n - 1 where:n = a number of years to maturity C = annual coupon interest payment FV= bond's face value PV = current market price of bond r = yield to maturity. Substituting the given values in the above formula:  r = (C + FV / n) / [(FV + PV) / n] + 1/n - 1r = (60 + 1000 / 8) / [(1000 + 930) / 8] + 1/8 - 1r = 0.0838 or 8.38% (rounded to two decimal places). Therefore, the bond's yield to maturity (YTM) is 8.38%.

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the real wage implied by the price-setting behavior of firms having some market power is given by

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When firms have market power, the real wage is determined by their price-setting behavior, impacting workers' purchasing power and standard of living.

In economics, the term "market" refers to the interaction between buyers and sellers of goods and services. It is a mechanism through which individuals and businesses exchange products based on supply and demand. Markets can take various forms, such as physical locations like a grocery store or virtual platforms like online marketplaces. They can be local, national, or global in scope. Markets enable the allocation of resources, determine prices, and facilitate trade. Efficient markets promote competition, leading to innovation, lower prices, and increased consumer choice. Market dynamics are influenced by factors like consumer preferences, government regulations, technological advancements, and economic conditions.

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If the economy's AS curve is vertical, the multiplier in the AD/AS model is
a. equal to the simple multiplier
b. smaller than the simple multiplier
c. negative
d. infinitely large.
e. zero.

Answers

If the economy's AS curve is vertical, the multiplier in the AD/AS model is (e) zero. Changes in aggregate demand do not lead to changes in output as the economy is operating at its full capacity.

In the AD/AS (Aggregate Demand/Aggregate Supply) model, the multiplier refers to the effect of a change in aggregate demand on the equilibrium level of real GDP. It measures the magnification of changes in spending on output.

If the economy's AS (Aggregate Supply) curve is vertical, it means that the level of output (real GDP) is determined by the economy's productive capacity and factors such as technology, resources, and efficiency, rather than by the level of aggregate demand. In other words, changes in aggregate demand do not affect the level of output.

In this scenario, the multiplier in the AD/AS model is zero (option e). This is because changes in aggregate demand will not lead to any changes in real GDP. Even if there is an increase or decrease in spending, the economy will not be able to respond with a change in output since it is constrained by its supply potential.

To understand why the multiplier is zero, let's consider the formula for the multiplier:

Multiplier = 1 / (1 - MPC)

Where MPC is the marginal propensity to consume, representing the portion of additional income that households spend. The multiplier indicates how much total spending changes for a given change in autonomous spending (such as government spending or investment).

When the AS curve is vertical, any increase or decrease in aggregate demand will not result in a change in output because the economy is already operating at its full capacity. In this situation, the MPC becomes zero, meaning that households do not spend any additional income. Therefore, the multiplier becomes 1 / (1 - 0) = 1 / 1 = 1.

Since a multiplier of 1 implies that the change in aggregate demand will have an equal effect on output, it means that there is no amplification of changes in spending. Hence, the multiplier in this case is zero.

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.Case:
ABC Company has been in the business of manufacturing yarn. Five years ago, the company purchased machinery worth Rs. 100 million, with a residual value of Rs. 10 million and useful life of 10 years. The company implemented a straight-line method for charging depreciation for the first five years. Recently a new CEO, Mr. Hamid, has been hired, and he advised the accountants to use the double-declining method for charging depreciation expenses.
Requirement:
You are advised to comment if the company adopts new depreciation method for reporting, then in such case, which accounting principle is violated, and in order to justify the change, which accounting principle is required to be followed.(500 words)

Answers

If ABC Company adopts the double-declining method for reporting depreciation expenses, it would violate the accounting principle of consistency. To justify the change, the company would need to follow the accounting principle of substance over form.

The accounting principle of consistency requires that a company use the same accounting methods and principles consistently over time unless there is a valid reason for a change. By changing the depreciation method from straight-line to double-declining, the company would be violating this principle. Consistency in accounting methods ensures that financial statements are comparable and allows users to make informed decisions based on consistent information.

To justify the change in depreciation method, ABC Company would need to follow the accounting principle of substance over form. This principle states that the economic substance of transactions and events should be recorded and reported, rather than merely their legal form. If the change to the double-declining method better reflects the economic reality of the machinery's wear and tear, it would be appropriate to make the change. The company should provide a valid explanation and document the economic rationale for the change to adhere to the principle of substance over form.

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Define the term ‘whistle-blowing’. Using examples published in online news sources since 2021, discuss when whistle-blowing is an ethically justified course of action. Using an example, discuss when whistle-blowing is an ethically obligated course of action. What strategies would you put in place to maximise internal whistle-blowing in the workplace?

Answers

Whistle-blowing refers to the act of an individual reporting or disclosing information about illegal, unethical, or harmful activities within an organization to the relevant authorities or the public. Whistle-blowing can be ethically justified when it exposes significant harm, violations of laws or regulations, or threats to public safety or well-being.

Whistle-blowing is an important mechanism for individuals to expose wrongdoing within organizations. It is ethically justified when it uncovers significant harm or wrongdoing. For example, if an employee discovers that their company is engaging in fraudulent activities that could harm investors or the general public, whistle-blowing becomes justified as it serves the greater good by preventing harm and upholding the principles of honesty and accountability.

Whistle-blowing can also be an ethically obligated course of action when there is a moral duty to prevent or address wrongdoing. For instance, if an employee becomes aware of workplace discrimination or harassment and the organization is not taking appropriate action to address it, whistle-blowing becomes an ethical obligation to protect the rights and well-being of individuals affected by such misconduct.

To maximize internal whistle-blowing in the workplace, several strategies can be implemented. First and foremost, clear reporting channels should be established, ensuring that employees have accessible and confidential avenues to report concerns. This can include anonymous reporting mechanisms to protect the identity of whistle-blowers.

Secondly, organizations should take proactive steps to protect whistle-blowers from retaliation. Whistle-blowers often face risks such as job loss, ostracization, or legal consequences. By implementing policies and procedures that safeguard whistle-blowers and provide protection against retaliation, organizations can encourage employees to come forward without fear.

Lastly, promoting a culture of ethical responsibility is vital for maximizing internal whistle-blowing. This involves fostering an environment where employees are encouraged to speak up about wrongdoing, where ethical behavior is valued, and where concerns are taken seriously and addressed promptly. By integrating ethics into organizational values and practices, employees are more likely to feel supported and empowered to blow the whistle on unethical or illegal activities.

Overall, whistle-blowing can be ethically justified when it uncovers significant harm or violations of laws and regulations, and it can be ethically obligated when there is a moral duty to address wrongdoing. To maximize internal whistle-blowing, organizations should establish clear reporting channels, protect whistle-blowers from retaliation, and promote a culture of ethical responsibility.

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Which of the following is the lowest risk entry to international markets that Toyota employed?
Group of answer choices
exporting
foreign direct investment
licensing
alliances

Answers

Toyota employed the strategy of Exporting as the lowest risk entry to international markets.

What is Exporting?

Exporting is the process of sending goods or services across national borders for the purpose of selling and distributing them. This is a traditional and well-established way for companies to enter foreign markets. Companies that wish to export must first conduct market research, establish a distribution network, and adapt their goods or services to meet the requirements of the international market.Importance of Exporting:Exporting is important to countries, as it generates jobs, produces higher revenues, and increases the standard of living for individuals. Exporting provides businesses with a range of benefits, including the ability to expand their customer base, achieve greater economies of scale, and obtain higher profits.To conclude, Toyota used the strategy of exporting as the lowest risk entry to international markets.

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If Accounts Payable has debit postings of $17,000, credit postings of $14,000, and a normal ending balance of $6,000, what was its beginning balance? $9,000 credit $3,000 credit $9,000 debit $3,000 debit

Answers

The beginning balance of the Accounts Payable is $3,000 debit.

To determine the beginning balance of the Accounts Payable, we need to consider the debit and credit postings along with the normal ending balance.

Debit postings represent increases in the Accounts Payable, while credit postings represent decreases. In this case, the debit postings amount to $17,000, and the credit postings amount to $14,000.

To calculate the beginning balance, we can subtract the credit postings from the debit postings:

Beginning Balance = Debit Postings - Credit Postings

Beginning Balance = $17,000 - $14,000

Beginning Balance = $3,000

The resulting balance is $3,000, which is a debit balance. This means that the Accounts Payable had a beginning balance of $3,000 debit.

Therefore, the correct answer is "$3,000 debit".

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The quantity of a product or service that businesses will make available at various prices is called:
1. market share
2. demand
3. capacity
4. market potential
5. supply

Answers

The quantity of a product or service that businesses make available at various prices is 5. supply.

Supply represents the relationship between the price of a product or service and the quantity that businesses are willing and able to produce and make available in the market. It is a fundamental concept in economics and plays a crucial role in determining market equilibrium.

The quantity of u Supply is influenced by factors such as production costs, technological capabilities, resource availability, and the profitability of producing and selling the product or service.

As prices increase, businesses generally have more incentive to increase production, leading to a higher quantity supplied. Conversely, when prices decrease, businesses may reduce their production levels due to lower profitability.

Supply is typically depicted graphically using a supply curve, which shows the relationship between price and quantity supplied. The upward-sloping supply curve illustrates that as prices rise, the quantity supplied also increases.

This relationship helps determine the equilibrium price and quantity in a market, where supply and demand intersect. It is an essential concept in economics and helps determine the dynamics of markets.

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The quantity of a product or service that businesses will make available at various prices is called supply. So, the correct option is 5.

Supply refers to the quantity of a product or service that producers or businesses are willing and able to offer for sale at different price levels in the market. It represents the relationship between price and the quantity of goods or services that suppliers are willing to supply.

The supply of a product or service is influenced by various factors such as production costs, technological advancements, input prices, availability of resources, and market conditions. As prices increase, suppliers are generally motivated to increase their production and supply more goods or services to maximize their profits. Conversely, as prices decrease, suppliers may reduce their production levels or even exit the market if it becomes unprofitable.

Understanding the concept of supply is crucial for analyzing market dynamics, pricing strategies, and forecasting market equilibrium. It helps businesses make decisions regarding production levels, pricing, and resource allocation based on the expected demand and market conditions.

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Jake is a corn farmer in Nebraska. He rents his land on a long-term lease for $250,000 a year. He pays his farm hands $28,000 a year. Is his rent a fixed cost or a variable cost? Are the wages he pays his workers a fixed cost or a variable cost? Briefly explain your answers

Answers

The rent is a fixed cost as it remains constant regardless of the level of production, while the wages paid to farm hands are a variable cost as they vary with the level of production.

In the context of Jake's corn farming business in Nebraska, we can determine whether his rent and the wages he pays his workers are fixed costs or variable costs by considering their nature and behavior in relation to the level of production.

1. Rent: Jake's land lease cost of $250,000 per year is a fixed cost. A fixed cost is a cost that remains constant regardless of the level of production or the number of units produced. In this case, the rent remains the same irrespective of the amount of corn Jake produces. Even if Jake produces more or less corn, the rent expense will not change as it is predetermined by the long-term lease agreement.

2. Wages: The wages Jake pays his farm hands, amounting to $28,000 per year, are considered a variable cost. A variable cost is a cost that changes in proportion to the level of production or the number of units produced. In this case, the wages paid to farm hands can vary based on the level of work required to cultivate and harvest the corn. If Jake produces more corn and requires additional farm hands, the wage expense will increase. Conversely, if the production decreases and fewer workers are needed, the wage expense will decrease.

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1. explain the relationship between the bowed-out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced?
2. what is the difference between quality demanded & demand ? explain the factors that change the demand

Answers

Production Possibilities Frontier (PPF) curve has bowed-out shape because of the concept of increasing opportunity cost. This concept indicates that when more of one good is produced, the opportunity cost (what is given up) to produce each additional unit of that good increases.

As the production of one good increases, the quantity of the other good that must be given up increases as well. Thus, as we move along the PPF curve from left to right, we see that the slope of the curve gets steeper and steeper, reflecting the increasing opportunity cost of producing additional units of a good.

The bowed-out shape shows that resources are not equally efficient in producing all the goods. The first units of a good produced use the most efficient resources, but as more of the good is produced, less efficient resources must be used, leading to higher opportunity costs.

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A financial institution has just bought 6-month European call options on the Chinese yuan. Suppose that the spot exchange rate is 14 cents per yuan, the exercise price is 15 cents per yuan, the risk-free interest rate in the United States is 2% per annum, the risk-free interest rate in China is 4% per annum, and the volatility of the yen is 12% per annum. Calculate the gamma of the financial institution's position. Check the accuracy of your gamma estimate for a 0.1 cent increase 50 bsp in yuan. yen

Answers

Gamma, as defined by the Black-Scholes model, is the second partial derivative of the option price with respect to the spot exchange rate and it represents the rate at which delta changes with the underlying asset price.

According to the Black-Scholes model, the formula to calculate gamma is given as:$$\gamma= \frac{\partial^2C}{\partial S^2}=\frac{e^{-r_ft}\phi(d_1)}{S\sigma \sqrt{t}}$$$$\text{where,}$$$$d_1 = \frac{\ln(\frac{S}{E}) + (r_f - r_c + \frac{1}{2}\sigma^2)t}{\sigma \sqrt{t}}$$$$\phi(d_1) = \frac{1}{\sqrt{2\pi}}\int_{-\infty}^{d_1}e^{-\frac{z^2}{2}}dz$$

Here,C = price of the option S = spot exchange rate E = exercise pricet = time to maturityr_f = risk-free interest rate in the USr_c = risk-free interest rate in Chinad_1 = parameter from the Black-Scholes formula φ(d1) = standard normal cumulative distribution function evaluated at d1.

Substituting the given values, we get:d1 = (ln(14/15) + (0.02 - 0.04 + 0.5 x 0.12²) x 0.5) / (0.12 x sqrt(0.5))= -0.3895φ(d1) = 0.3487$$\gamma = \frac{e^{-r_ft}\phi(d_1)}{S\sigma \sqrt{t}}=\frac{e^{-0.02x0.5} x 0.3487}{14 x 0.12 x sqrt(0.5)}$$$$\gamma ≈ 0.0053$$. When the spot exchange rate is increased by 0.1 cent per yuan, the new spot exchange rate will be 14.1 cents per yuan.

We can calculate the new delta using the Black-Scholes model as follows:$$d_1 = \frac{\ln(\frac{14.1}{15}) + (0.02 - 0.04 + \frac{1}{2}0.12^2) x 0.5}{0.12 x sqrt(0.5)}$$$$d_1 ≈ -0.3206$$$$\phi(d_1) = 0.3786$$. Therefore, the new price of the option is given by:$$C = S\phi(d_1) - Ee^{-r_ft}\phi(d_2)$$$$d_2 = d_1 - \sigma\sqrt{t}$$$$\text{. Substituting the given values, we get:}$$$$d_2 ≈ -0.6484$$$$C ≈ 0.257$$. The new delta is given by the following formula:$$\Delta = e^{-r_ct} \phi(d_1) ≈ 0.3487$$.

Thus, the estimated gamma of the financial institution's position is:$$\gamma x \Delta x 0.001 = 0.0053 x 0.3487 x 0.001 = 0.00000185$$This estimate of gamma is accurate for a 0.1 cent increase (50 bps) in the yuan.

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Marketing Mix consists of the 4 P's. One of those P's is Promotion. The marketing communicator needs to know where the target audience stands in the buyer-readiness stages - the stages consumers normally pass through on their way to purchase. List the six buyer-readiness stages in sequence

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The marketing communicator needs to know where the target audience stands in the buyer-readiness stages - the stages consumers normally pass through on their way to purchase.

Following are the six buyer-readiness stages in a sequence that the marketing communicator needs to keep in mind:

1. Awareness Stage: During this stage, the buyer becomes aware of the existence of the product.

2. Knowledge Stage: During this stage, the buyer seeks information about the product and its benefits and shortcomings.

3. Liking Stage: During this stage, the buyer develops a liking for the product and starts developing preferences.

4. Preference Stage: During this stage, the buyer has decided that they like the product better than others and intend to purchase it.

5. Conviction Stage: During this stage, the buyer makes a decision to buy the product and is determined to go ahead with the purchase.

6. Purchase Stage: During this stage, the buyer takes the necessary action of purchasing the product. Hence, the six buyer-readiness stages in sequence are Awareness, Knowledge, Liking, Preference, Conviction, and Purchase stages.

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why is it considered poor programming practice to have public instance variables? Qn.1 How is the "Function of management" relevant to the importance of organisational success? with more than 400 wordsQn.,2 What are the most significant elements relating to Function of management? with more than 500 words and a creative answer please Crane Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Rent in Units Expense $7,235 7,235 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 11,576 11,576 11,576 11,576 11,576 11,576 14,470 14,470 14,470 Direct Materials $5,788 8,700 8,700 11,600 14,500 17,400 20,300 23,200 42,397 50,645 63,668 Your answer has been saved. See score details after the due date. Determine the relevant range of activity for this product. The relevant range of activity for this product (c) Your answer has been saved. See score details after the due date. 3,000-8,000 Variable costs per unit per unit (d) Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places e.g. 2.25.) V 2.90 units. Attempts: 1 of 1 used Attempts: 1 of 1 used Randois samples of four different models of cars were selected and the gas mileage of each car was meased. The results are shown below Z (F/PALE ma II # 21 226 22 725 21 Test the claim that the four d 4. A simple way to generate some idea whether data are likely to be heteroskedastic is to A. examine the residual plot B.construct a histogram. C. Calculate the variance of the sample. D.plot the data points from smallest to largest calculate the amount of work done to move 1 kg mass from the surface of the earth to a point 10 km from the centre of the earth. the small, semisolid mass of food formed during mastication is called a 1. i. Force is equal to mass x acceleration and is typically expressed in units of Newtons (kg m s-2). Acceleration is the rate of change of velocity. If gravitational acceleration is equal to 9.8 m s-2, then what is the gravitation force experienced by the mass of air in the box in: a. kg m s-2? b. Newtons (N)? (Note: again, this question does not involve a conversion but rather use of an equation.) ii. Pressure is equal to force divided by the area over which the force is applied and is typically expressed in units of Nm-2 (Pa). If the box from the previous questions rests on the Earth's surface, what is the pressure exerted by the gravitational force over the bottom area of the box (16 m2) in: a. N m-2? b. Pa? iii. Pressure on weather maps is usually expressed in units of bars, where one bar (100,000 Pa) approximates the average sea-level pressure (101,325 Pa or approximately 100,000 Pa). Using this and other aids (see appendix), convert 1 mb to Pa. determine the mean and variance of the random variable with the following probability mass function. f(x)=(64/21)(1/4)x, x=1,2,3 round your answers to three decimal places (e.g. 98.765). Arabian Gulf Corporation reports the following stockholders' equity section on December 31, 2020 - Common stock; $10 par value; 500,000 shares authorized; 200,000 shares issued and outstanding $ 2,000,000 - Paid in capital in excess of par value, common stock - Retained earnings... 400,000 900,000 Total $3,300,000 The Corporation completed the following transactions in 2021. 1-Jan 10, Directors declared a $1 per share cash dividend payable on March 15 to the Jan 31 stockholders of record 2- Mar 01, Purchased 10,000 shares of its own common for $15 per share. 3- Mar 15, Paid the cash dividend declared on Jan. 10. 4- May 01, Sold 6,000 of its treasury shares at $15 cash per share. 5- Sep 30, Directors declared a 30% stock dividend when the share market price is $16. 6- Nov 01, Distributed stock dividends declared on Sep. 30. 7- Nov 15, The company implemented 5-for-1 stock split for the common stock. Required: Prepare journal entries to record each of these transactions for 2021. In 2020, when the enacted tax rate for the current and all future periods was 27.5%, Garza Corp. had a taxable loss of $468,000 and elected to use the net operating loss carryforward provision.In 2021, the tax rate changed to 25.0% for the current and all future periods, and Garza reported taxable income of $311,000.In 2022, Garza reported taxable income of $664,000. Garza has no book-tax differences.What amount will Garza report as current income tax expense on its 2022 income statement? What are 5 key terms that describe cloud computing Question 2 (8 marks) A fruit growing company claims that only 10% of their mangos are bad. They sell the mangos in boxes of 100. Let X be the number of bad mangos in a box of 100. (a) What is the dist .Problem 7-40 (LO. 5)Blue Corporation, a manufacturing company, decided to develop a new line of merchandise. The project began in 2019. Blue had the following expenses in connection with the project:20192020Salaries$500,000$600,000Materials90,00070,000Insurance8,00011,000Utilities6,0008,000Cost of inspection of materials for quality control7,0006,000Promotion expenses11,00018,000Advertising020,000Equipment depreciation15,00014,000Cost of market survey8,0000Question Content AreaThe new product will be introduced for sale beginning in July 2021. Determine the amount of the deduction for research and experimental expenditures for 2019, 2020, 2021, and 2022.If an amount is zero, enter "0". Calculate the monthly expense to the nearest dollar and use in subsequent computations.a. If Blue Corporation elects to expense the research and experimental expenditures, what will the amount of the deduction be?201920202021 and 2022Amount of the deduction$ 619,000$703,000$ 0b. If Blue Corporation elects to amortize the research and experimental expenditures over 60 months, what will the amount of the deduction be?2019202020212022Amount of the deduction$ 0$ 0$132,198$264,396c. How would your answer change if Blue Corporation incurred the expenses in 2022 and 2023 (rather than 2019 and 2020)?20222023Amount of the deduction$?$? How fast do you have to throw the rock so that it never comes back to the asteroid and ends up traveling at a speed of 10 m/s when it is very far away? When preparing the report to analyze a proposed quality improvement program, which of the following costs are included in the total costs of not undertaking the quality improvement program?A.inspection of finished goodsB.preventive maintenanceC.sales returnsD.total appraisal costs distinguish between the exocrine and endocrine secretions of the pancreas For each of the following strong base solutions, determine [OH][OH] and [H3O+][H3O+] and pHpH and pOHpOH.For 5.21045.2104 MM Ca(OH)2Ca(OH)2, determine [OH][OH] and [H3O+][H3O+]. When applying the co-terminated assumption: A study period equal to the minimum common multiple of the lives of the two alternatives is selected and used to evaluate both alternatives Each alternative is evaluated with its own study period which is equal to its life time A study period equal to the average of the life times of both alternatives is selected to be able to compare them with economic equivalence methods O A study period equal to the life of one of the alternatives is selected, and the life of the other alternative is adjusted to the same study period What process in plant cells is similar to animals eating food for energy?A.Vacuoles storing energy for later use in plant growthB.Chloroplasts using radiant energy to allow the cell to function.C.Ribosomes moving energy to different parts of the cell.D.Nuclei create DNA to use to make new plant cells.