The current stock price will be $41.77
The current stock value will be the present value of all the dividends over the five years in question and then the present value of the liquidating dividend in the 6th year.
Present value = Dividend / ( 1 + rate) ^ year it was paid
Present value of all the dividends = ( 3 / (1 + 15%)) + (4 / (1 + 15%)²) + (5 / (1 + 15%)³) + (6 / ( 1 + 15%)⁴) + (7 / ( 1 + 15%)⁵) + ( 60 / ( 1 + 15%)⁶)
= $41.77
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Suppose a new off-campus university apartment complex could rent its rooms on the open market for $900 a month. If, instead, the university chooses to cap the price of rooms to $500 a month for students, the result would be that ____________. A. quantity demanded would exceed the quantity supplied, resulting in a shortage. B. quantity supplied would exceed the quantity demanded, resulting in a shortage. C. quantity demanded would exceed the quantity supplied, resulting in a surplus. D. quantity supplied would exceed the quantity demanded, resulting in a surplus.
Answer:
A
Explanation:
the price cap is form of price ceiling
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
Francisco came to the U.S. on a swimming scholarship. After a few months of frustration with trying to find the swim goggles he prefers from home, he created a website that selling specialty goggles for swimming, skiing, and snowboarding. Before launching the website and filling orders, Francisco spent a few months going to swim meets and gathering preferences about goggles from other international swimmers. Francisco's actions
A) showed that he had a ready market for this product.
B) demonstrated that he had little experience with this product.
C) showed that he was promoting the website before it launched.
D) demonstrated his need to better understand the market.
Answer: D. demonstrated his need to better understand the market
Explanation:
Based on the information given, the action of Francisco shows that he needs to understand the market better.
In this case, the lack of understanding with how the market works can be seen when he came to the United States for his scholarship and couldn't find the swim goggles that he prefers.
Understanding the market will have made it easier for him to get the kind of goggles that he wants easily.
It's very urgent
which of the following statements about corporation is true
1) they are more common then partnerships in the U.S.
2) they are the most inexpensive form of business to start.
3) they are very easy to start
4) all business debts are the personal responsibility of the owners
Answer: While not usual they can be held responsible for all business debts.
Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.
what skills does a farm manager need?
Answer:
Strong decision-making.
Problem-solving.
Communication.
The ability to work with people.
Leadership.
Administration skills.
Knowledge of key equipment practices.
Explanation:
They need to have free time. Without that free time...When will you be able to feed the plants? When will you be able to groom your horse? It also costs A LOT!! Because of the farm animals.
These are quite obvious but just in case I am going to list these for you:
Cow
Horse
Chicken
Donkeys (Optional)
Cats (Optional)
Peacocks (Very Optional due to the prices)
Sheep
Dogs (For the mice. Dogs have a supreme sense of smell. They can sniff out the mice.)
Required: Journal entry Received Rs.18,000 from debtors and discount allowed him Rs. 2,000. please help.
Answer:
If there was a discount allowed of Rs. 2,000 then it means that the total amount the debtor was owing was:
= Cash paid by debtor + Discount allowed
= 18,000 + 2,000
= Rs. 20,000
Journal entry is therefore:
Date Account Title Debit Credit
XX-XX-XXXX Cash $18,000
Discount allowed $ 2,000
Accounts Receivable $20,000
When a transfer has no effect on fixed costs, to be acceptable to the selling division, the transfer price must ______. Multiple select question. cover any opportunity cost from lost sales cover a reasonable portion of the selling division's fixed costs cover any lost contribution margin due to the transfer equal the product's normal selling price cover the variable costs per unit
Answer:
• cover any opportunity cost from lost sales
• cover any lost contribution margin due to the transfer
• cover the variable costs per unit
Explanation:
A transfer is done from one division in a company to another.
When such is done, the transfer price should cover any opportunity costs that the division doing the transferring would be incurring to do so that way they would not make an economic loss.
Lost contribution margin should be covered as well for the same reason which is avoidance of cost.
Variable costs have to at least be covered so that the division does not make an accounting loss.
Which of the following choices is associated with socialism?
Karl Mars
free market
private ownership of property
Adam Smith
Answer:
Karl Mars
Explanation:
Socialism can be defined as an economic, social and political theory which asserts that the method of exchange, distribution, as well as the means of production of goods and services and ownership of properties should be controlled or regulated by the public (government) rather than the private sector. Thus, everyone living in the society has an equal share of the means of production used in producing the goods and services.
Under socialism, key industries are owned or controlled by the government. Some examples of socialist countries are Vietnam, Cuba, China, etc.
Karl Marx was a German sociologist, economist, philosopher, historian, author and political theorist. Marx was born on the 5th of May, 1818 in Trier, Germany and is famously known for his works on communism, socialism, and capitalism.
Karl Mars is the option which is associated with socialism because he believed all of human history was a struggle between rich and poor.
When coffee Is traded between countries it is called a________.
Answer:
trade .arrket
Explanation:
did it already
Pelican Bay Apartments is a complex consisting of 80 units. The units are available in studio and one-, two-, and three-bedroom apartments. Kimberly Bracco is the property manager of Pelican Bay. She has decided to stay in her condo and not reside at Pelican Bay. She is also pursuing her California real estate license as she manages the property. Is anything wrong with this scenario
Answer:
Yes
Explanation:
According to California law an onsite manager is required for an apartment complex that has more than 16 rental units.
In the given scenario Pelican Bay Apartments is a complex consisting of 80 units. The units are available in studio and one-, two-, and three-bedroom apartments.
Kimberly Bracco is the property manager and has decided to stay in her condo and not reside at Pelican Bay which is off site.
However if she is to be off site then she will need a broker's licence.
what is the full meaning of "SWOT"
Answer:
Strengths, Weaknesses, Opportunities, and Threats analysis
Explanation:
Strengths, Weaknesses, Opportunities, and Threats analysis
Cardinal Company manufactures vitamin capsules. For the month of June, Cardinal's encapsulating department had 18,000 tons in beginning inventory (with transferred-in costs of $4,400) and 81,000 tons completed inventory during the month. Further, the mixing department completed and transferred out 72,000 tons at a cost of $22,300 in June. Calculate unit cost for the transferred-in category. (Note: Round answer to two decimal places.)
Answer: $0.30 per unit
Explanation:
The unit cost for the transferred-in category is calculated as:
= (Transfer cost of beginning inventory + transfer cost of transferred out inventory) / (Beginning inventory + Inventory transferred out)
= (4,400 + 22,300) / (18,000 + 72,000)
= 26,700 / 90,000
= 0.2967
= $0.30 per unit
Scale efficiencies are the cost advantages that enterprises obtain as fixed costs are spread out over more units of output. But some companies sacrifice scale efficiencies for responsiveness to local conditions. In these companies, country managers understand local laws, customs, and tastes and can decide how to meet them and increase sales. This global strategy is called
Answer: multi-domestic strategy
Explanation:
A multi-domestic strategy refers to a strategy whereby a company responds to the local market by making and customizing their product in order to match the different national conditions.
The strategy enables the multinational's individual subsidiaries to be able to compete independently in the domestic markets. An example of a multidomestic company that uses the multidomestic strategy is Nestlé which utilizes its marketing approach for the markets where it operates as it tastes is based on the needs of the people in the country.
Question 7 of 10
Which of the following best describes what a manager does?
O A. Influences others to purchase certain goods from certain stores
O B. Makes sure that a company is using its resources in a way that
helps it meet its goals
O C. Works for a company and produces resources to make a product
O D. Combines an idea, a plan, and various resources to start a new
business
Omg
Answer:
The answer is B..........
If the financial statements include an income statement and a balance sheet but exclude the statement of cash flows, the auditors Group of answer choices should issue a qualified opinion because the missing statement of cash flows constitutes a scope limitation. can issue an unqualified report. should issue a qualified opinion due to the departure from GAAP. should include the statement of cash flows, modify the report, and issue an unqualified opinion.
Answer:
The auditor should issue a qualified report for the departure from generally accepted accounting principles.
Explanation:
A qualified opinion can be understood as the statement given by an auditor in conjunction with a corporation's audited financial statements in an auditor's report. It was an auditor's judgement that implies a firm's earnings reporting was restricted in scope or that there was a substantial fault with the implementation of generally accepted accounting standards (GAAP)—but hardly one that was widespread.
In your own words define accounting.
The process or work of keeping financial account is known as accounting.
Which of the following statements explains the concept of the tragedy of the commons? (Check all that apply.) A. It occurs due to excludability and non-rivalry. B. It is an example of a positive externality. C. It results when the free market equilibrium quantity is higher than the optimal equilibrium quantity. D. The open access to common resources results in their depletion through overuse.
Answer:
C. It results when the free market equilibrium quantity is higher than the optimal equilibrium quantity.
D. The open access to common resources results in their depletion through overuse.
Explanation:
The tragedy of the commons is a problem in economics that could be arise at the time when an individual reject the society well being for the personal motive. It would result in excess consumption and the depletion of the resources
So as per the given options, the option c and option d is to relevant as it directly linked to the meaning of the tragedy of the commons
Bauer's Supply Chain Management Student Organization provides networking opportunities and dinner meetings with hiring managers, Supply Chain Management focused resume workshops and mock interviews facilitated by hiring managers of the companies that hire our students, Supply Chain Management Only recruiting events and job fairs, as well as fun social events. And they have events that are open to all majors as well. If you are considering becoming a Supply Chain Management major, this organization will help you to learn more about the major and will prepare you to be successful in your job search and career. The name of Bauer's Supply Chain Management student organization is:
Answer:
Bauer SPO
Explanation:
Bauer SPO is a primer student organization of the supply chain and management at the university of Houston C.T. Bauer College of Business.The name of Bauer's Supply Chain Management Organization is the Bauer Sourcing & Procurement Organization (BSPO).
The BSPO is a student organization at the University of Houston that is centered upon Supply Chain Management.
They are known to provide networking opportunities to students by:
organizing dinner meetings with hiring managersorganizing resume workshops and mock interviews organizing job fairs and social eventsIn conclusion, the BPSO is therefore very valuable to students as it helps them secure employment after schooling.
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Suppose Stan owns a piece of property with a large lake. Initially, Stan and his family were the only people who swam in the lake. Then Stan started selling tickets to people who wanted to go swimming in the lake. When Stan died, he left the lake and the land it was on to the state, stipulating that the lake be left open to the public for swimming. Due to the lake’s remote location, it was never crowded. After Stan died, the lake became a ______ good.
Answer:
public
Explanation:
A public good is a good that is non excludable and non rivalrous.
An individual's access to the pool does not limit another person's access
Also, the pool is free, so it is non excludable
Before his death, the pool was a private good
A private good is a good that is excludable and rivalrous.
When Jorge became one of three final candidates for a managerial position with a large pharmaceutical company, the hiring manager scheduled a special meeting with him. The two talked about the stressful deadlines and heavy travel required of the position, as well as the compensation and benefits. Jorge appreciated that the hiring manager took the time to provide a(n) _________.
Answer:
Realistic job preview
Explanation:
Realistic Recruitment
This is made presents to outsiders with all good information without error or ommission.
Realistic Job Preview (RJP)
This is regarded as any attempt by the organization to give an accurate (both positive and negative) description of the relevant aspects of the job and organization. It is important because it gives an applicant realistic expectations about the job. This in turn should increase employee job satisfaction and reduce turnover.
Contractor Dan pulled a permit for work that he was planning to do at Jules’s home. As it turns out, Dan isn’t licensed, and when he pulled the permit, it triggered an investigation from the AZ ROC. The AZ ROC can now use the fact that he pulled a permit to do the work as ______ evidence against the contractor to prove he was going to do work without a license.
Answer:
Prima Facie
Explanation:
Given that in legal terms, Prima Facie evidence is a term that describes the required rebuttable presumption or belief to justify a verdict.
Hence, in this case, the AZ ROC can now use the fact that he pulled a permit to do the work as PRIMA FACIE evidence against the contractor to prove he was going to do work without a license.
Bob's electronics company has quite a buzz around a new television they're launching, called UltraView1000. This television is equipped with an accessibility feature that lets voice commands it. Bob decides to use broad match modifier in his Search Ads campaign with the keywords "television," "accessible," and "voice." Which benefit does broad match modifier give Bob's Search Ads campaign?
Answer:
Bob’s ad will appear if search terms contain at least all three of the keywords or variations of those terms.
Explanation:
Bob’s ad will appear if search terms contain at least all three of the keywords or variations of those terms.: Adding a + sign in front of a keyword turns it into a broad match modifier. This prompts your ads to appear only if the keyword or its close variations are in any part of the search terms.
If Bob uses the broad match modifier keywords “television,” “accessible,” and “voice.” His ads will appear for people searching for any combination of these terms in a search (and possibly including additional terms). However, the ads won’t appear if any one of these keywords aren’t in the search term.
A company factored $45,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this transaction would include a: A. Debit to Cash of $45,000, a debit to Factoring Fee Expense of $1,350, and credit to Accounts Receivable of $43,650. B. Debit to Cash of $45,000 and a credit to Accounts Receivable of $45,000. C. Debit to Cash of $43,650, a debit to Factoring Fee Expense of $1,350, and a credit to Accounts Receivable of $45,000. D. Debit to Cash of $46,350 and a credit to Accounts Receivable of $46,350. E. Debit to Cash of $45,000 and a credit to Notes Payable of $45,000.
Answer:
C. Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000
Explanation:
Assuming the company factored the amount of $45,000 of its ACCOUNTS RECEIVABLE and was charged a 3% FACTORING FEE. The appropriate journal entry to record this transaction would include a:Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000
Debit Cash $43,650
(97*$45,000)
Debit Factoring Fee Expense of $1,350
($3%*45,000)
Credit Account Receivable $45,000
a. A challenging job at an organization that raises the bar in data security b. An entry-level position in the marketing area with a possibility of promotion c. Serving as a team player in a company where independent thinking is a top priority d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits, and governmental tax and records reporting
Answer:
d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,
Explanation:
THE QUESTION IS THAT
Which of the following is the best career objective for a résumé?
Career objective can be regarded as a personal statement that gives definition of the specifics that one wish to attain in his/her profession.
A resume objective can be regarded as optional part that is been written in a resume which states or specify the career goals as well as outlines ones best skills. It should be noted that one of the best career objective for a résumé is An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,
China allows U.S. companies to ally with Chinese firms by purchasing minority ownership positions in the Chinese firms. These relationships are called
A) joint ventures.
B) network strategies.
C) equity strategic alliances.
D) nonequity strategic alliances.
Answer:
C) equity strategic alliances.
Explanation:
100% correct
Isabelle just took on a new listing, in which the owner is selling because a new freeway is being built right behind the house. The owner is concerned about the noise and other activity the freeway will bring, but doesn't want prospective buyers to know this. Which action best demonstrates good faith in this scenario
Answer:
Isabell tells the owner that this is a material fact related to the property that must be disclose to prospective buyers or Isabell will not be taking the listing
Explanation:
Good faith means honest dealing. It needs honest trust, motive, trustworthy duties, fairness, etc
So as per the given situation isabell informs the owner that it is a material fact with respect to the property and the same should be disclosed to the buyers for not taking the listing
So as per the given situation, the above statement should be considered
Adel is interested in investing in the stock exchange, but he really has no clue what any of it
is about. He asks you to explain the stock exchange to him. What is one TRUE statement
about the stock exchange you could teach Adel?
a. each stock market is used to buy and sell stocks or shares of ownership in a company
b. there is only one big stock market and it is located in New York City
c. for all stock markets the buying selling and trading of stocks happens in the trading floor were traders shout out their offers at the same time
d. all stockholders benefit financially from investing in stocks
Answer:
for all stock markets the buying selling and trading of stocks happens in the trading floor were traders shout out their offers at the same time
Answer:
each stock market is used to buy and sell stocks or shares of ownership in a company.
Explanation:
Government spending in the United States has grown over time and now accounts for more than 40 percent of U.S. national income. Does this mean that government has been consistently running a budget​ deficit? A. ​No, government deficits also depend on the national debt. B. ​Yes, government deficits are a direct result of government spending over time. C. ​No, government deficits depend upon spending and tax revenue. D. ​Yes, as government spending has​ increased, deficits have become inevitable.
Answer:
C. No, government deficits depend upon spending and tax revenue.
Explanation:
Since government spending grown over the time for more than 40% so here it does not mean that the government should be consistent runs a budget deficit as the government deficit based on the spending and the revenue generated through tax
So as per the given situation, the option c is correct
Real Estate Question
A buyer is purchasing a property for $500,000. He has a down payment of $50,000 and is financing the rest. What's the amount of the loan origination fee if the lender charges one-and-a-half points? Please explain your work as well.
Answer Choices:
$5,000
$6,750
$750
$7,500
Answer:
Amount of the loan origination fee = $7,500
Explanation:
Given:
Purchase cost of house = $500,000
Down payment cost = $50,000
Lender charges point = 1.5 points[%]
Find:
Amount of the loan origination fee
Computation:
Amount of the loan origination fee = Purchase cost of house x Lender charges point
Amount of the loan origination fee = 500,000 x 1.5%
Amount of the loan origination fee = $7,500
Economists generally argue that:
A. costs of moderate inflation are nearly zero whereas high inflation is quite costly.
B. high inflation is costly, but costs of moderate inflation are not nearly as large as the public believes.
C. costs of both high and moderate inflation are quite large.
D. neither high inflation nor moderate inflation is very costly.
Answer: A. costs of moderate inflation are nearly zero whereas high inflation is quite costly.
Explanation:
Economists generally believe that moderate inflation is actually good for the economy as prices need to increase in a healthy manner overtime in order to drive consumption. This means that to them, the cost of moderate inflation is nearly zero.
This is a sharp contrast to high inflation which most economists generally believe to be costly as it reduces the savings of people as well as their real wages and welfare.
Smith, an individual calendar-year taxpayer, purchased 100 shares of Core Co. common stock for $15,000 on December 15, Year 1, and an additional 100 shares for $13,000 on December 30, Year 1. On January 3, Year 2, Smith sold the shares purchased on December 15, Year 1, for $13,000. What amount of loss from the sale of Core's stock is deductible on Smith's Year 1 and Year 2 income tax returns
Answer:
Year 1 = $0Year 2 = $0Explanation:
Stock was sold in year 2 so there is no loss that would be deductible from Smith's Year 1 income tax returns.
In year 2, the stock was sold for $13,000 even though it was bought for $15,000. There is therefore a loss of $2,000.
This $2,000 results from a wash sale however so it will not be deductible. A wash sale is used to describe a scenario where stock from one transaction is sold but was the investor buys that same stock in another transaction 30 days before or after they sold the former.
As Smith purchased another $13,000 worth of stock merely 16 days before he sold the first batch, this is a wash sale and its loss is not deductible.
