Answer:
$49,420
Explanation:
nature of human resources
Answer:
Explanation: Personnel Activities or Functions: Human Resource Management involves several functions concerned with the management of people at work. It includes manpower planning, employment, placement, training, appraisal and compensation of employees
Label each of the following statements true, false, or uncertain. Explain your choice carefully.
a. The present discounted value of a stream of returns can be calculated in real or nominal terms.
b. The higher the one-year interest rate, the lower the present discounted value of a payment next year.
c. Interest rates are normally expected to be constant over time.
d. Bonds are a claim to a sequence of constant payments over a number of years.
e. The yield curve normally slopes up.
Answer:
a. The present discounted value of a stream of returns can be calculated in real or nominal terms. TRUE
This is true because the present value of returns can be calculated using nominal rates which do not account for inflation, or using real rates which will account for inflation.
b. The higher the one-year interest rate, the lower the present discounted value of a payment next year. TRUE
Higher interest rates discount payments faster because they discount by dividing the payment so a higher rate would divide the payment more and lead to a lower present value.
c. Interest rates are normally expected to be constant over time. FALSE
Interest rates change over time in response to economic conditions.
d. Bonds are a claim to a sequence of constant payments over a number of years. TRUE
As a bondholder, you are entitled to payments over the life of the bond which means that it is a claim to constant payment over a number of years.
e. The yield curve normally slopes up. TRUE
The yield curve slopes upward to represent that interest rates increase in future.
A separate company unit responsible for its own cost and revenue is referred to as which of the following?
Answer:
forming a work team. A company unit responsible for its own costs and profits is referred to as______ -departmentalization. -specialization.
pls mark me the brainliest
Consider the following stock price and shares outstanding data: Stock Name Price per Share Shares Outstanding (Billion) Lowes $28.80 1.53 Wal-Mart $47.90 4.17 Intel $19.60 5.77 Boeing $75.00 0.79 If you are interested in creatinga value-weighted portfolio of these four stocks, then the percentage amount that you would invest in Lowes is closest to: A) 25% B) 11% C) 20.0% D) 12% E) 8%
Answer:
B) 11%
Explanation:
We need to determine the total amount to invest in all the stocks in the first place as computed below:
Lowes= $28.80*1.53=$44.06
Wal-Mart=$47.90*4.17=$199.74
Intel=$19.60*5.77 =$113.09
Boeing=$75.00*0.79=$59.25
Total amount invested in the portfolio=$44.06+$199.74+$113.09+$59.25
Total amount invested in the portfolio=$416.14
Lowes' portion of the portfolio=amount invested in Lowes/total portfolio amount
Lowes' portion of the portfolio=$44.06/$416.14
Lowes' portion of the portfolio=11%
Suppose you know a company's stock currently sells for $31 per share and the required return on the stock is 0.13. You also know that the required return is evenly divided between the capital gains yield (G) and the dividend yield (D1/P0) (this means that if the required retun is 9%, the capital gains yield is 4.5% and the dividend yield is 4.5%).If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? Answer with 2 decimals (e.g. 1.23)
Answer:
The current dividend per share = 1.89
Explanation:
13% = {[Dividend * (1 + g)] / $31} + g
g = 13% / 2 = 6.5%
13% = {[Dividend * (1 + 6.5%)] / $31} + 6.5%
6.5% = Dividend * (1 + 6.5%)] / $31
$31 * 6.5% = Dividend * (1 + 6.5%)
$2.015 / 1.065 = Dividend
Dividend = $1.89
Salge Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $8.10 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. All other fixed manufacturing overhead costs represent current cash flows. The direct labor budget indicates that 5,300 direct labor-hours will be required in September. The company recomputes its predetermined overhead rate every month. The pre-determined overhead rate for September should be:___.
a. $18.30.
b. $14.10.
c. $8.10.
d. $22.20.
Answer:
d. $22.20
Explanation:
Calculation to determine what the pre-determined overhead rate for September should be:
Using this formula
Predetermined overhead rate = Variable overhead rate per direct labor hour + Estimated fixed manufacturing overhead/Estimated direct labor hour
Let plug in the formula
Predetermined overhead rate=$8.10 + ($74,730/5,300)
Predetermined overhead rate= $8.10+$14.1
Predetermined overhead rate= $22.20 per direct
Therefore the pre-determined overhead rate for September should be:$22,20
Consider the telecommunications, networking, and wireless technologies you use today as a consumer and student. Does your comfort level with changes in these technologies in your personal life influence how comfortable you would be with adapting to new technologies in the workplace? Why or why not?
Answer:
Yes, people´s comfort level with changes in technology in their personal lives has a great influence over how comfortable they can be with adapting to new technologies in the workplace.
Explanation:
Telecommunications, networking, and wireless technologies are used regularly by most students, as those who are in studying years have grown with those technologies already developed. However, the rapid changes in technology that are common these days can become quite overwhelming, as they require users to constantly readapt to them. For example, our use of email has changed so much in the past years, with so many new lines of communication and new softwares that one has to learn how to use. And the more we get used to readapting, the more comfortable we can be when those changes become part of the workplace. It´s important to be prepared and to have the proper training to ensure the effective use of technology in such a fast-paced technological era.
What is accounting? and what is accounting all about?
Answer:
accounting is the process of recording financial transaction pertaining to a business.
Explanation:
......
The probability distribution of damage claims paid by Insurance ABC on collision insurance is as followed: Payment ($) Probability 0 0.85 500 0.04 1000 0.04 3000 0.03 5000 0.02 8000 0.01 10000 0.01 How much should the collision insurance premium be so the company can break even
Answer:
The appropriate response is "$430".
Explanation:
According to the question, the solution will be:
⇒ [tex]E(x)=\Sigma xP(x)[/tex]
By substituting the values, we get
⇒ [tex]=0\times 0.85+500\times 0.04+1000\times 0.04+3000\times 0.03+5000\times 0.02+8000\times 0.01+10000\times 0.01[/tex]
= [tex]430[/tex] ($)
Thus, the above is the correct answer.
Alliance Company budgets production of 24,000 units in January and 28,000 units in the February. Each finished unit requires 3 pounds of raw material K that costs $3.00 per pound. Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials. The January 1 inventory for this material is 25,200 pounds. What is the budgeted materials needed in pounds for January
Answer:
Total direct material needed in pounds= 101,400 pounds
Explanation:
Giving the following information:
Each finished unit requires 3 pounds of raw material K that costs $3.00 per pound.
Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials.
The January 1 inventory for this material is 25,200 pounds.
Production:
January= 24,000 units
February= 28,000 units
Direct material budget:
Production= 24,000*3= 72,000 pounds
Desired ending inventory= (28,000*0.35)*3= 29,400 pounds
Total direct material needed in pounds= 101,400 pounds
Purchases= production + desired ending inventory - beginning inventory
Purchases= 101,400 - 25,200
Purchases= 76,200 pounds
Direct material purchase cost= 76,200*3= $228,60
A stock index currently stands at 107. The risk-free interest rate is 8.75% per annum (with continuous compounding) and the dividend yield on the index is 2.75% per annum. What should the futures price for a 6-month contract be? (Answer with two decimal accuracy. Example: 132.06)
Answer: $110.25
Explanation:
Futures price is calculated by the formula:
= Strike price * e ^ (risk free interest rate - dividend yield) * annualized time to expiry
= 107 * e^(8.75% - 2.75%) * 6/12 months
= $110.25
Dave's Duds reported cost of goods sold of $1,600,000 this year. The inventory account increased by $130,000 during the year to an ending balance of $465,000. What was the cost of merchandise that Dave's purchased during the year?
Answer:
$1,730,000
Explanation:
Calculation to determine the cost of merchandise that Dave's purchased during the year
COGS $1,600,000
Add: Increase in inventories $130,000
Purchases $1,730,000
($1,600,000+$130,000)
Therefore the cost of merchandise that Dave's purchased during the year is $1,730,000
Darin Company purchased a truck and trailer for $54,000. The appraised values of the truck and trailer are $19,000 and $38,000, respectively. What is the amount of the cost that should be assigned to the truck?
One year ago, Peyton purchased 7,200 shares of Broncos stock for $329,640. Today, he sold those shares for $58.92 a share. What is the total return on this investment if the dividend yield is 2.2 percent
Answer:
30.90%
Explanation:
total return = dividend yield + price appreciation
price appreciation = (current price per share / previous price per share) - 1
Previous price per share = $329,640 / 7,200 = $45.78
price appreciation = ( $58.92 / $45.78) - 1 = 0.287 = 28.70%
total return = 28.70% + 2.2% = 30.90%
Accounts receivable had a debit balance of $4,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. Credit sales for the period totaled $22,000. Using this information, cash receipts for the period totaled:
Answer: $20000
Explanation:
The cash receipt for the period based on the information that's given will be:
Opening balance of account receivable = $4000
Add: Credit sales = $22,000
Less : Closing balance of account receivable = $6,000
Cash receipt = $20000
Asteroid Industries accumulated the following cost information for the year:
Direct materials $15,200
Indirect materials 3,200
Indirect labor 7,700
Factory depreciation 12,000
Direct labor 36,200
Using the above information, total factory overhead costs equal: _________
Answer:
Factory overhead= $22,900
Explanation:
Giving the following information:
Direct materials $15,200
Indirect materials 3,200
Indirect labor 7,700
Factory depreciation 12,000
Direct labor 36,200
Factory overhead is all the indirect costs related to production. In this case:
Factory overhead= indirect materials + indirect labor + factory depreciation
Factory overhead= 3,200 + 7,700 + 12,000
Factory overhead= $22,900
Ravelo Corporation has provided the following data from its activity-based costing system:
Activity Cost Pools Estimated Overhead Cost Expected Activity Assembly
$ 498,520 44,000
machine-hours Processing orders $ 54,263 1,100
orders Inspection $ 77,589 1,110
inspection-hours Data concerning the company's product L19B appear below:
Annual unit production and sales 430
Annual machine-hours 990
Annual number of orders 70
Annual inspection hours 20
Direct materials cost $ 37.74 per unit
Direct labor cost $ 10.45 per unit
According to the activity-based costing system, the unit product cost of product L19B is closest to:_________
(Round your intermediate calculations to 2 decimal places.)
Answer:
$85.56 per unit
Explanation:
Assembly = $498,520 / 44,000 Machine hours
Assembly = $11.33 per machine hour
Processing orders = $54,263 / 1,100 Orders
Processing orders = $49.33 per processing orders
Inspection = $77,589 / 1,100 Inspections
Inspection = $70.54 per inspections
Total Overhead Costs = [990*$11.33] + [70*$49.33] + [20*$70.54]
Total Overhead Costs = $11,217 + $3,453 + $1,411
Total Overhead Costs = $16,081
Overhead Cost per unit = Total Overhead cost / Number of units produced
Overhead Cost per unit = $16,081 / 430 Units
Overhead Cost per unit = $37.37 Per unit
Step-3, Average cost of product L19B
Unit cost of product L19B = Direct Material cost per unit + Direct Labor cost per unit + Overhead costs per unit
Unit cost of product L19B = $37.74 + $10.45 + $37.37
Unit cost of product L19B = $85.56 per unit
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 42,000 units and sold 34,000 units at a price of $120 per unit.
Manufacturing costs
Direct materials per unit $ 48
Direct labor per unit $ 18
Variable overhead per unit $ 6
Fixed overhead for the year $ 420,000
Selling and administrative cost
Variable selling and administrative cost per unit $ 12
Fixed selling and administrative cost per year $ 110,000
1a. Assume the company uses absorption costing. Determine its product cost per unit.
1b. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing.
2a. Assume the company uses variable costing. Determine its product cost per unit.
2b.
Assume the company uses variable costing. Prepare its income statement for the year under variable costing.
Answer:
1a. Product cost per unit if absorption costing is used by the company is $82 per unit.
1b. Net operating income if absorption costing is used by the company is $774,000.
2a. Product cost per unit if variable costing is used by the company is $72 per unit.
2b. Net operating income if variable costing is used by the company is $694,000.
Explanation:
1a. Assume the company uses absorption costing. Determine its product cost per unit.
Fixed overhead per unit = Fixed overhead for the year / Units produce for the year = $420,000 / $42,000 = $10
Product cost per unit = Direct materials per unit + Direct labor per unit + Variable overhead per unit + Fixed overhead per unit = $48 + $18 + $6 + $10 = $82
Therefore, product cost per unit if absorption costing is used by the company is $82 per unit.
1b. Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing.
Note: See number 1b of the attached excel file for the income statement for the year under absorption costing.
From number 1b of the attached excel file, we have:
Net operating income = $774,000
Therefore, net operating income if absorption costing is used by the company is $774,000.
2a. Assume the company uses variable costing. Determine its product cost per unit.
Product cost per unit = Direct materials per unit + Direct labor per unit + Variable overhead per unit = $48 + $18 + $6 = $72
Therefore, product cost per unit if variable costing is used by the company is $72 per unit.
2b. Assume the company uses variable costing. Prepare its income statement for the year under variable costing.
Note: See number 2b of the attached excel file for the income statement for the year under variable costing.
From number 2b of the attached excel file, we have:
Net operating income = $694,000
Therefore, net operating income if variable costing is used by the company is $694,000.
One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where Group of answer choices
Answer: Nooo
Explanation:
If a small company invests its annual profits of $150,000 in a stock fund which earns 18% per year, the amount in the fund after 10 years will be nearest to:
Answer:
the amount in the fund after 10 years will be $785,075.04
Explanation:
The computation of the amount after 10 years is shown below"
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $150,000 × (1 + 0.18)10
= $785,075.04
Hence, the amount in the fund after 10 years will be $785,075.04
The real risk-free rate of interest is 3 percent. Inflation is expected to be 4 percent this coming year, jump to 5 percent next year, and increase to 6 percent the year after (Year 3). Assume maturity risk premium is zero, what should be the interest rate on 2-year, treasury securities today
Answer: 7.5%
Explanation:
Interest rate on 2 year treasury security:
= Real interest rate + Average inflation rate + Maturity risk premium
Average inflation rate = (Inflation rate coming year + Inflation rate next year) / 2
= (4% + 5%) / 2
= 4.5%
Interest rate on 2-year treasury security is:
= 3% + 4.5% + 0%
= 7.5%
Darnell lives in an area where labor is plentiful and locations for startup are relative cheap
Answer:
The answer is "Entrepreneurship and knowledge".
Explanation:
The situation is based on the research on beginning a firm, there two key production aspects which Darnell needs to succeed would be enterprise and expertise, based on the data supplied inside the question. He needs to learn a way to create, start-up, run a new business and get depth knowledge of both the arts.
Consider single-server Q with LIFO (last-infirst-out) services. Suppose that three customers show up at times 5, 6, and 8, and that they all have service times of 4. When does customer 2 leave the system?
a. 3
b. 9
c. 13
d. 17
e. 19a
Answer:
d. 17
Explanation:
The computation is shown below;
Here the time started i.e. t=0
Therefore there was no customer upto t=5 hour
At t=5
The client first came and as there was no other customer available so we begins service to customer 1
Now
As service off is 4 hour so service to client 1 will end at
t=9 hour.
Also mid-time at t = 6
That means the client 2 came and at t = 8 the client 3 came.
Now at t = 9 the service begins for client 3 and end at t = 13 ( 9 + 4)
At t=13 hour, so after four hours it should be 17
E-Eyes has a new issue of preferred stock it calls 20/20 preferred. The stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. If you require a return of 9.75 percent on this stock, how much should you pay today
Answer:
You would pay approximately $35.00 today
Explanation:
The cost of the stock at the beginning of the year 20
= 20/9.75%
= 20/0.0975
= 205.13 dollars
We find the current price of the stock
= Fv/(1+r)^n
= 205.13/(1+9.75%)¹⁹
= 205.13/1.0975¹⁹
= 205.13/5.86
= $35.00
From this calculation you have to pay 35 Dollars today.
Elliott Credit Corp. wants to earn an effective annual return on its consumer loans of 15.7 percent per year. The bank uses daily compounding on its loans. What interest rate is the bank required by law to report to potential borrowers
Answer:
the rate of interest needed to report to the potential borrower is 14.59%
Explanation:
The computation of the rate of interest needed to report to the potential borrower is given below:
= ((1 + rate of interest per year)^(1 ÷ number of days in a year) - 1) × number of days in a year
= ((1 + 15.7%)^(1 ÷ 365) -1) × 365
= 14.59%
hence, the rate of interest needed to report to the potential borrower is 14.59%
You consider buying a share of stock at a price of $12. The stock is expected to pay a dividend of $1.60 next year, and your advisory service tells you that you can expect to sell the stock in 1 year for $14. The stock's beta is 1.2, rf is 15%, and E[rm] = 25%. What is the stock's abnormal return?
Answer:
3%
Explanation:
The computation of the abnormal return of the stock is shown below:
= Rf + Beta (Rm - Rf)
= 15% + 1.2 (25% - 15%)
= 15% + 12%
= 27%
Now actual return is
=[ $1.60 + ($14 - $12)] ÷ $12
= 0.3
= 30%
ANd, finally the abnormal return is
= 30% - 27%
= 3%
DAN Enterprise purchased a building at the cost of RM250,000. The
purchase was paid RM50,000 in cash and the remaining RM200,000 is on
account. Based on these transactions, what are the effects of these
transactions on the accounting equation?
RM250,000 increase in asset; RM250,000 increase in owner's equity
RM200,000 increase in asset; RM200,000 increase in owner's equity
RM200,000 increase in asset; RM200,000 increase in liability
RM250,000 increase in asset; RM250,000 increase in liability
Answer:
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Purchase of inventory on credit transactions that Affect Assets and Liabilities. The accounting equation states that there must be a credit for each debit.
Explain about the accounting equation?
The accounting equation demonstrates that the total assets of a company equal the sum of its liabilities and shareholders' equity (assets = liabilities + equity). The basis of double-entry bookkeeping is the distinct relationship between a company's liabilities, assets, and equity.
The three variables in the accounting equation are assets, liabilities, and shareholders' equity. A company's assets are equal to the sum of its liabilities and shareholders' equity, according to a straightforward formula
Liabilities and equity add up to the total amount of assets in the fundamental accounting equation. Assets = Liabilities + Equity is the accounting equation. You use capital or debt to fund your purchases, so both sides of the equation must be equal.
To learn more about accounting equation refer to:
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Assuming that periodic inventory records are kept, the ending inventory on a LIFO basis is Group of answer choices $16,440. $17,160. $17,880. $16,640. None of these answer choices are correct.
Answer:
$16,440.
Explanation:
Please find attached the data used in answering this question
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
the ending inventory would consist of earlier purchased goods
total sales is 20800
total purchases = 26,000
ending inventory = 26,000 - 20800 = 5200
this price of the ending inventory = 3200 x 3.2) + (2000 x 3.1) = $16,440.
How does understanding individual behaviour help authentic leaders overcome challenges in organisations? Provide an example in your response.
Answer:
To understand the behavior and skill set of the individual
Explanation:
Understanding individual behaviour helps leaders to understand how these people can be useful in contributing to the growth of the team and organization.
It also helps leader to understand the interpersonal skills of an individual being so that there are no issues due to the behavioral aspect with in the team.
Antitrust regulators are likely to prohibit two firms from merging if: __________.
a. There are sizable synergies to the combination
b. The combined firm will have a large share of the market
c. There are many other firms in industry
d. The combined firm will undercut competitiors with lower prices
Answer:
If the combined firm will have a large share of the market.
Explanation: