Assume each firm within an industry has similar operations and financial structures as the industry as a whole. Which one of these statements related to beta is correct given this assumption?

a. Industry betas are less reliable than firm betas.
b. Firms should use their own betas rather than the industry beta.
c. Betas should be computed on an annual basis.
d. The error in beta estimation for a single security exceeds the error for a portfolio of securities.
e. All firms in the industry will have the same beta.

Answer:

Note:The full question is attached as picture below

                                          1 Jan         31 Dec      Increase/(Decrease)

Accounts receivables   $80,000    $100,000          $20,000

Inventory                        $60,000    $70,000           $10,000

Prepaid Expenses         $100,000   $75,000           ($25,000)

Accounts Payable         $120,000   $100,000         ($20,000)

Deferred Revenue        $65,000     $95,000           $30,000

Particulars                                                              Amount

Net Cash Flows from Operating Activities          $200,000

Less Increase in Current Liabilities

Deferred Revenue                                                 ($30,000)

Less Decrease in Current Assets

Prepaid Expenses                                                 ($25,000)

Add Decrease in Current Liabilities

Accounts Payable                                                  $20,000

Add Increase in Current Assets

Accounts receivables                                             $20,000

Inventory                                                                 $10,000

Less: Depreciation Expenses                               ($25,000)

Net Income for 2013                                             $170,000

Question Completion:

Inventories:

Beginning   9,940 units  $19,880

Ending       24,140 units

Total net Sales (255,600 units)  $1,060,740

Cost of goods purchased (269,800 units) $867,620

Quarterly Purchases:

Quarters  Units         Unit Costs     Total Costs

1              71,000             $2.98          $211,580

2            56,800               3.10            176,080

3            56,800              3.26             185,168

4            85,200              3.46           294,792

Answer:

Felipe Inc.

Income Statement for the year ended December 31, 2020:

                                       FIFO              LIFO

Sales Revenue         $1,060,740    $1,060,740

Cost of goods sold       803,976        825,304

Operating results      $256,764      $235,436

Explanation:

a) Data and Calculations:

Quarters   Units         Unit Costs     Total Costs

Beginning 9,940            $2.00            $19,880

1               71,000             $2.98            211,580

2             56,800               3.10            176,080

3             56,800              3.26             185,168

4             85,200              3.46           294,792

Total    279,740                               $887,500

Units sold 255,600

Ending inventory = 24,140 (279,740 - 255,600)

FIFO:

Cost of goods sold

= Cost of goods available for sale - Ending inventory

= $803,975.60 ($887,500 - $83,524.40)

Ending Inventory:

= $83,524.40 (24,140 * $3.46)

LIFO:

Cost of goods sold

= Cost of goods available for sale - Ending inventory

= $825,304 ($887,500 - $62,196)

Ending Inventory:

= (9,940 * $2.00) + (14,200 * $2.98)

= ($19,880 + $42,316)

= $62,196        

Answer:

80 quantities

Explanation:

to get the order size of the item, we have to use this formula

[tex]optimal quantity = \sqrt{\frac{2DS}{H} }[/tex]

From this formula above,

D = annual demand = 1600

s = set up cost= 12

h = holding cost = 6

[tex]\sqrt{\frac{2*1600*12}{6} }[/tex]

[tex]\sqrt{6400} \\=80[/tex]

from this solution above, the order size should be 80  quantities

thank you

Answer: $80

Explanation:

The opportunity cost is regarded as the real cost of the alternative that was left or forgone.

Based on the information given in the question, the opportunity cost is the free ticket to a Post Malone concert that is worth $80 which was given to me by my friend.

Therefore, the correct option is E.

Answer:

Option C (Compare......actual costs) is the correct alternative.

Explanation:

The situation presented is not connected to other alternatives. This is the solution, therefore.

Answer:

The answer is D.

Explanation:

The correct option is D. -The cost of fencing and lighting is not part of the cost of land. Why? - Because this is the cost to improve land.

Option A is wrong. Cost of levelling and grading is part of the cost of land

Option C is wrong. Purchase price is the main cost in the determining the cost of land

Option D is also wrong

Answer:

$286,100

Explanation:

Calculation to determine the correct inventory amount on December 31.

Using this formula

Correct Inventory amount=Ending Inventory+ Goods received shipping points + Goods shipped FOB destination-Goods received FOB destination

Let plug in the formula

Correct Inventory amount=$253,450+$25,690+$53,020-$46,060

Correct Inventory amount=$286,100

Therefore the correct inventory amount on December 31 is $286,100

The HR should identify and establish a new culture after the integration process.

Merging of business establishments or companies mean the coming together or acquiring of one company by another. In short, it is when two or multiple companies join to form a single business.

When two or more companies join to form a single company, it is always necessary to make new changes in the concepts and work culture. This is also what HR should do in the merger of Yum Foods and Clean Plates. Thus, the correct answer is option C.

Learn more about merger here:

brainly.com/question/4192836

Answer:

Review all email to see if the client was somehow offended. Then analyze listening skills to ensure the client's needs were met. Discuss with a mentor. If the relationship can't be salvaged, learn from the experience and move on.

Explanation:

Due to the fact that Liz received a mail from a long-time client who tells her they were planning on working with another advertising agency, the best response that is the best application of some post-event strategies of resilience are:

1. Reviewing past emails to see if they offend the client in any way

2. Analyse the listening skills to ensure that the client's needs were met

3. Discuss with a mentor

4. Learn from the whole experience

Answer:

The correct answer is "$136.44"

Explanation:

According to the question,

Total units will be:

= [tex]10 \ unit+15 \ unit[/tex]

= [tex]25 \ unit[/tex]

Average cost will be:

= [tex]\frac{[(10\times 12)+(15\times 14)]}{29}[/tex]

= [tex]\frac{120+210}{29}[/tex]

= [tex]\frac{330}{29}[/tex]

= [tex]11.38[/tex] ($)

hence,

The cost of sale will be:

= [tex]Units \ sold\times Average \ cost[/tex]

= [tex]12\times 11.38[/tex]

= [tex]136.44[/tex] ($)

Answer:

Explanation:

Sell-side analysts mostly work for various brokerage firms hence the reason why they are too optimistic in their recommendations to buy stocks while they are also too slow to recommend sells .

And Brokerage firms will always encourage investors to buy their shares or stocks ( buy-side) instead of selling off their shares or stocks

Answer:

Yes, The project will  be accepted.

Explanation:

Projects should be accepted when their internal rate of return is greater than the Weighted Average Cost of Capital (WACC). The WACC represents the cost or risk of the company so if the return is greater than the risk, then this will be favorable.

Answer:

See below

Explanation:

Given the above information, margin is computed as;

Margin = Net operating income / Sales

Sales = $37,880,000

Net operating income = $3,508,960

Then,

Margin = $3,508,960 / $37,880,000

Margin = 9.26%

Therefore, the division's margin used to compute ROI is closest to 9.26% approximately

Answer: D. A = $8560 ,B= $11111 and C= 466$

Explanation:

Country A

Annual GDP = $428 billion

Population = 50 million

Annual GDP per person = $428 billion / 50 million = $8560

Country B

Annual GDP = $20 billion

Population = 18 million

Annual GDP per person = $20 billion / 18 million = $1111

Country C

Annual GDP = $7 billion

Population = 15 million

Annual GDP per person = $7 billion / 15 million = $466.

The correct option is D.

Answer:

Explanation:

As per the Constitution, the Federal government reserves the sole right to print currency. This ensures that all the states have a stable medium of exchange thereby allowing goods and services to flow across states undisturbed.

When the government prints money to enable it pay off its debt, the value of the currency decreases because the supply of money has increased relative to its demand. As a result, the currency will only be able to buy less than it was able to buy before thereby creating a sort of inflation tax because people would be paying an extra amount in order to purchase goods and services

Answer:

The Total cash collected in May is $87100 and June is $140950 and July $163050.

Hence the total is $391100.

Explanation:

Answer:

Present

Explanation:

An outlay cost is a cost incurred at the time when we have to execute the strategy or purchasing an asset. It can be paid to the vendors for purchasing the goods like for inventory. So this cost should be recognized as an expense when they are incurred in order to earn the revenue in the current or present accounting period

Answer:

Retained earnings balance as of December 31, 2013

Particulars                                                        Amount ($)

Retained Earnings Dec 31, 2012                       311,900

Less: Net Loss for the Year                               4,550

Less: Dividend declared and paid in 2013       15,200

Retained Earnings Dec 31, 2013                     $292,150

Answer: Property management

Explanation:

Property management refers to the operation, oversight and the maintenance of real physical properties and real estate.

Since the real estate license holder wants to assist a property owner by soliciting tenants, collecting rents, and being responsible for property maintenance, the license holders should be specialized in property management.

Answer:

a. the relationship between cost of goods sold and the amount of inventory carried during the period.

Explanation:

An inventory turnover can be defined as a measure of the relationship between cost of goods sold (COGS) and the amount of inventory carried during the period the goods were purchased by the consumers or customers of a business firm.

This ultimately implies that, an inventory turnover is a measure of the amount of times an inventory is used or sold by an organization at a specific period of time.

Basically, the inventory turnover is calculated by dividing cost of goods sold by average inventory.

Additionally, the Expense Account selected by a manufacturer or a producer for inventory parts would normally comprise of the account type Cost of Goods Sold.

Answer:

Fund amount is being reduced.

Fund is being eliminated.

Explanation:

For example, when you are recording the expenses paid using the petty cash fund, you debit the expenses and credit the petty cash fund account. This also applies when the petty cash fund is too large and the company wants to reduce it; cash will be debited and the petty cash fund account will be credited.

Answer:

unrealized gains on available-for-sale securities.

unrealized losses from available-for-sale securities.

foreign currency translation adjustments.

Explanation:

Other Comprehensive income involved the non-realized gains or losses that available for selling the securities, losses or gain related to the foreign currency translation, gain or losses related to the pension planning

Also the owners investment and dividend are to be presented on the statement of the stockholder equity

So, the above statements should be considered

Answer:

True

Explanation:

To answer this question, I'll use the following illustration.

Minimax = <10,18,15>

Maximax = <8,4,10>

The payoff of the minimax is 10 (i.e. the smallest) and the payoff of the maximax is 10 (i.e. the largest)

Both payoffs are equal; hence, 10 is the saddle point.

Chi phí hoạt động là chi phí liên tục để duy trì và duy trì hoạt động đầu tư bất động sản cho thuê. Nói cách khác, chúng là những chi phí ảnh hưởng đến hoạt động hàng ngày của khoản đầu tư và được coi là cần thiết để duy trì dòng doanh thu.

Answer:

Following are the solution to the given question:

Explanation:

For point a:

Calculating taxable income tax payable in accordance with the following figures:

[tex]Particulars \ \ \ \ \ \ \ \ \ 2017 \ \ \ \ \ \ \ \ \ 2016 \ \ \ \ \ \ \ \ \ 2015 \ \ \ \ \ \ \ \ \ 2014\\\\\text{Pre- tax financial income} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 300,000\\\\\text{Future taxable amounts}\\\\2014 =-(65 000+60 000+55,000) \ \ \ \ \ 65,000 \ \ \ \ \ \ 60,000 \ \ \ \ \ \ \ 55,000 \ \ \ \ \ -180,000\\\\\text{Taxable income for 2014} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 120,000[/tex][tex]\text{Income tax payable} \\\\ (120,000 \times 30 \%) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 36,000\\\\[/tex]

For point b:

Following are the journal:

[tex]Date \ \ \ \ \ \ \text{Account Titles and Explanation} \ \ \ \ \ \ \ \ \ \ \ Dr \ \ \ \ \ \ \ \ \ \ \ Cr\\\\[/tex]

             [tex]\text{Income tax expense} \ (36,000 + 90,000)\ \ \ \ \ \ 90,000 \\\\[/tex]

                                 [tex]\text{Income tax payable} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 36,000\\\[/tex]                                          

                                  Deferred tax liability                          [tex]\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 54,000\\\\[/tex]

                     [tex]\text{(To record the income tax expense)}\\\\[/tex]

Calculating the deferred tax liability:

[tex]Particulars \ \ \ \ \ \ \ \ \ \ \ \ 2017 \ \ \ \ \ \ \ \ \ \ \ 2016 \ \ \ \ \ \ \ \ \ \ \ 2015 \ \ \ \ \ \ \ \ \ \ \ \ Total\\\\\text{Future taxable anlounts} \ \ \ \ \ \ \ 65,00 \ \ \ \ \ \ \ 60,000 \ \ \ \ \ \ \ 55,000 \ \ \ \ \ \ \ 180,000\\\\\text{Tax rate} \ \ \ \ \ \ \ \ \ 30\% \ \ \ \ \ \ \ \ \ \ 30\% \ \ \ \ \ \ \ \ \ \ 30\% \\\\[/tex]

Deferred tax liability       [tex]\ \ \ \ \ \ \ \ \ 192500 \ \ \ \ \ \ \ \ \ \ 18,000 \ \ \ \ \ \ \ \ \ 16,500 \ \ \ \ \ \ \ \ \ \ 54,000[/tex]

For point c:

Following are the preparation of the income tax section for the income statement session 2014:

[tex]\text{Income before income taxes} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 300,000\\\\ \text{Income tax expense} \\\\[/tex]

[tex]Current \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 36,000\\\\[/tex]

Defensed                [tex]\ 54,000\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 90,000\\\\[/tex]

[tex]Net\ \ income \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 210,000[/tex]

Answer:

unique selling proposition.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Generally, the secret to effective sales is to have a unique selling proposition that makes consumers patronize you.

Answer:

Peak Heights Company

PEAK HEIGHTS COMPANY

Statement of Cash Flows

Operating Activities Section

Net income                                             $15,625

Non-cash flow: Depreciation                    6,700

Changes in working capital:

Accounts receivable                              -$4,400

Inventory                                                   4,000

Salaries payable                                          750

Net cash from operating activities     $22,675

Explanation:

A) Data and Calculations:

Peak Heights Company:

Income Statement for Current Year

Sales                                                        $85,900

Expenses Cost of goods sold $51,675

Depreciation expense                6,700

Salaries expense                       11,900    70,275

Net income                                             $15,625

Partial Balance Sheet   Current year   Prior year    Changes

Accounts receivable         $9,800         $14,200     -$4,400

Inventory                             13,100             9,100         4,000

Salaries payable                  1,620                870            750

Answer:

a)Other Accounts – $(289,100 )Notes Payable

b)Buildings – $289,100

c)Land – $11,860

d)Land – $7,990

e)Buildings – $9,480

f)Buildings – ($1,580)

g)Building – $26,400

h)Land – 259,500

i)Land – $9,690

j)Land Improvement – $4,140

k)Land – $10,530

l)Land – ($4,690 )

m)Buildings –$ 12,230

n)Land Improvement – $17,750

o)Land – $13,350

p)Buildings – $3,290

Explanation:

To Identify each item by letter and list the items in columnar form,

a)Other Accounts – $(289,100 )Notes Payable

b)Buildings – $289,100

c)Land – $11,860

d)Land – $7,990

e)Buildings – $9,480

f)Buildings – ($1,580 )

g)Building – $26,400

h)Land – 259,500

i)Land – $9,690

j)Land Improvement – $4,140

k)Land – $10,530

l)Land – ($4,690 )

m)Buildings –$ 12,230

n)Land Improvement – $17,750

o)Land – $13,350

p)Buildings – $3,290