Answer:
a. 1,975,769
Explanation:
Underwriter's commission per share = 7.5% * $29
Underwriter's commission per share = $2.175
Amount received by company per share = Price per share in general cash offer - Underwriter's commission per share
Amount received by company per share = $29 - $2.175
Amount received by company per share = $26.825
Amount that company wants to raise = Number of shares sold * Amount received by company per share
53,000,000 = Number of shares sold * $26.825
Number of shares sold = 53,000,000 / $26.825
Number of shares sold = 1975768.87
No of shares to be sold = 1,975,768
An important strength of the trait approach to leadership is that it: a. can help with leadership selection and development. b. helps in analyzing the situational demands. c. specifies which traits are needed for leadership in a given situation. d. specifies how much of a given trait is important for leadership.
Answer: A. can help with leadership selection and development.
Explanation:
The focus of the trait approach to leadership is on the personal attributes of a leader like the values, competencies, the physical and personality characteristics, etc.
Here, focus isn't on the followers but rather on the leader as it's concerned with the leaders traits. The leaders traits are vital to the leadership process. This can help with leadership selection and development.
California wildfires destroy vineyards across the Napa Valley. This is during the season when wine festivals occur most often all over the country. Demonstrate the effect of these events on the equilibrium price and quantity of wine.
Answer:
As a result of the wildfire, supply would fall. there would be a leftward shift of the supply curve. the quantity supplied of wine would reduce and price would increase
as a result of the festival, there would be an increase in demand. this would lead to an outward shift of the demand curve. Thus, the quantity demanded would increase and price would increase
taking these two effects together, there would be an indeterminate change in equilibrium quantity and equilibrium price would increase
Explanation:
Explain 2 reasons why businesses create business plan?
Indicate how the following transactions affect the accounting equation.
a. The purchase of supplies on account.
b. The purchase of supplies for cash.
c. Payment of cash dividends to stockholders.
d. Revenues received in cash.
e. Sale made on account.
Answer:
Hopefully I understood the question correctly. Below is the affect on
assets-liabilities= owners equity
Explanation:
A. Increases assets, increases liabilty
b. Increases assets, decreases assets (a wash for assets)
c. Decreases owners equity, decreases assets
d. Increases owners equity, increases assets
e. Increases owners equity, increases assets
Economic growth and public policy
Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign investment in Argentina. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries?
a. Provide tax breaks and patents for firms that pursue research and development in health and sciences.
b. Give families cash payments on the condition that their children show up for school and medical exams.
c. Increase taxes on income from savings.
d. Protect property rights and enforce contracts.
Answer:
a. Foreign Portfolio Investment
b. a. Provide tax breaks and patents for firms that pursue research and development in health and sciences.
d. Protect property rights and enforce contracts.
Explanation:
This is an example of Foreign Portfolio Investment (FPI). Foreign portfolio investment is when an entity from a foreign country invests in another country by buying the shares of a company in the local country. The American company bought shares in Argentina so the qualifies as FPI.
To increase productivity companies that are pursuing research should be given patents and tax breaks. The tax breaks will enable them have more money to reinvest into the research and the patent will provide incentive to them to continue the research knowing full well that they will be compensated by being the only ones to be able to use the technology invented for some time.
Also protecting property rights and enforcing contracts encourages investment in a country because people will be more trusting of making a return from business dealings. Higher investment leads to more productivity and growth.
If you have a derivative position where you might be obligated to sell Japanese yen, you are a: Group of answer choices Call option buyer/holder. Put option writer/seller. Put option buyer/holder. Call option writer/seller.
Answer:
The answer is B
Explanation:
The answer is B. Put option writer/seller. Put option writer has a right but not the obligation to sell an asset at a specified price while put option buyer is the reverse
Option A is wrong. Call option buyer/holder has the right but not the obligation to buy an asset at a specified price while call option writer/seller is the reverse.
Oi boa tarde , onde consigo um curso online de aprimoramento de laticinios
Explanation:
aqui neste APP...............
You manage an equity fund with an expected risk premium of 13% and a standard deviation of 44%. The rate on Treasury bills is 6.6%. Your client chooses to invest $90,000 of her portfolio in your equity fund and $60,000 in a T-bill money market fund. What is the expected return and standard deviation of return on your client’s portfolio? (Round your answers to 2 decimal places.)
Answer and Explanation:
The computation of the expected return and the standard deviation is given below:
the expected return is
= $90,000 × 13% + $60,000 × 6.6%
= $15,660.00
And,
standard deviation of return is
= $90,000 × 13% × 44% + $60,000 × 6.6%
= $5,148 + $3,960
= $9,108.00
In this way it should be calculated
Bell Corporation reports that at an activity level of 8,700 units, its total variable cost is $653,109, and its total fixed cost is $658,416.
Required: For the activity level of 8,800 units, assume this level is within the relevant range. Compute: the total variable cost, the total fixed cost, the total cost, the average variable cost per unit, the average fixed cost per unit, and the average total cost per unit.
There is not a word length requirement for this question; however, you must show your work.
Answer:
Bell Corporation
The total variable cost is = $660,616
The total fixed cost is = $658,416
The total cost is = $1,319,032
The average variable cost per unit is = $75.07
The average total cost per unit is = $149.89
Explanation:
a) Data and Calculations:
Current activity level = 8,700 units
Variable cost based on the current activity level = $653,109
Unit variable cost = $75.07 ($653,109/8,700)
Fixed cost = $658,416
At activity level of 8,800 units, since 8,800 units are within the relevant range:
The total variable cost = $660,616 (8,800 * $75.07)
The total fixed cost = $658,416 (same as at 8,700 units)
The total cost = $1,319,032 ($660,616 + $658,416)
The average variable cost per unit = $75.07 ($653,109/8,700)
The average total cost per unit = $149.89 ($1,319,032/8,800)
Mark, an HR Manager at Pyramid Inc., is responsible for the HR planning process in his organization. He has reviewed the organization's strategic plans. Which of the following is most likely to be Mark's next step in the planning process?
a. Develop HR staffing plans and actions
b. Compile HR planning forecasts
c. Implement HR staffing plans and actions
d. Assess external and internal workforce
Answer: d. Assess external and internal workforce
Explanation:
There are four steps involved in the HR planning process in an organization. The first step is the one that Mark just completed of reviewing the organization's strategic plans.
The next thing to do is the assess both the internal and external workforce of the organization so as to better understand them. After this step he would have to compile HR planning forecasts and then design HR staffing plans based on the strategic goals of the organization.
Jefferson tutoring had the following payroll information on Feb 28:
Gross pay: 4,000
Cumulative earnings prior to this payroll: 4,000
Assume:
FICA tax rates are OASDI 6.2% on a limit of 117,000 and medicare 1.45%.
State unemployment tax rate is 2% on the first 7,000.
Federal unemployment tax rate is 0.8% on the first 7,000
Using the information above the journal entry to record the payroll tax expense for jefferson tutoring would include:____.
A. a credit to FUTA payable for 24.
B. a debit to payroll tax expense in the amount of 390.
C. a credit to SUTA payable for 60.
D. all of the above.
Answer: D. all of the above.
Explanation:
FUTA:
Cumulative earnings were $4,000. FUTA is one the first $7,000 which means that only $3,000 is left to be taxed on account of the cumulative earnings prior to this payroll having been taxed:
= 0.8% * 3,000
= $24
This will be credited to FUTA Payable to recognize that Jefferson owes this liability.
SUTA:
Same goes for SUTA:
= 2% * 3,000
= $60
This will be credited to SUTA Payable to recognize that Jefferson owes this liability.
Payroll tax expense:
= FICA taxes + Medicare + FUTA + SUTA
= ((6.2% + 1.45%) * 4,000) + 24 + 60
= $390
This will be debited to Payroll Tax expense because expenses are debited when they increase.
did you mom ever yell at you
Answer:
yeah everyone mother yelled every child for their life
John works for a media advertising company that helps clients place ads in local online newspapers and magazines. He consults with systems analysts and programmers on projects that require the creation of systems to manage client records and trends. What is John's role in his organization?
Answer:
Database Administrator
Explanation:
From the question we are informed about John who works for a media advertising company that helps clients place ads in local online newspapers and magazines. He consults with systems analysts and programmers on projects that require the creation of systems to manage client records and trends. In this case, John's role in his organization is Database Administrator.
Database administrators can be regarded as a professionals that carry out functions that involve database development, security as well as storage and retrieval. They are professional that handle database management systems software, they are responsible for determining ways that can be used to organize and store data. Their role can carry such as capacity planning,performance monitoring as well as installation and configuration also troubleshooting and database design,
During 2022, its first year of operations as a delivery service, Indigo Corporation entered into the following transactions.
1. Issued shares of common stock to investors in exchange for $150,000 in cash.
2. Borrowed $40,000 by issuing bonds.
3. Purchased delivery trucks for $55,000 cash.
4. Received $17,000 from customers for services performed.
5. Purchased supplies for $6,700 on account.
6. Paid rent of $4,200.
7. Performed services on account for $11,700.
8. Paid salaries of $26,800.
9. Paid a dividend of $11,200 to shareholders.
Using the following tabular analysis, show the effect of each transaction on the accounting equation. Put explanations for changes to Stockholders’ Equity in the far right column.
Assets = Liabilities + Stockholders' Equity
Cash+Accounts Accounts Bonds+Common Retained
Receivable+Supplies+Equipment= Payable Payable Stock Earnings
Revenue-Expense-Dividends
1
2
3
4
5
6
7
8
9
10
Answer:
Indigo Corporation
Assets = Liabilities + Stockholders' Equity
1. Cash $150,000
Common Stock $150,000
2. Cash $40,000
Bonds Payable $40,000
3. Delivery trucks $55,000
Cash ($55,000)
4. Cash $17,000
Accounts Receivable ($17,000)
5. Supplies $6,700
Accounts Payable $6,700
6. Cash ($4,200) ($4,200) Rent expense
7. Accounts Receivable 11,700 $11,700 Service revenue
8. Cash ($26,800) ($26,800) Salaries exp.
9. Cash ($11,200) ($11,200) Dividends
Assets $166,200 = $46,700 + $119,500
Explanation:
a) Data and Analysis (Accounting Equation Effect):
1. Cash $150,000 Common Stock $150,000
2. Cash $40,000 Bonds Payable $40,000
3. Delivery trucks $55,000 Cash $55,000
4. Cash $17,000 Accounts Receivable $17,000
5. Supplies $6,700 Accounts Payable $6,700
6. Cash ($4,200) Rent Expense ($4,200)
7. Accounts Receivable $11,700 Service Revenue $11,700
8. Cash ($26,800) Salaries ($26,800)
9. Cash ($11,200) Dividends ($11,200)
1: Một nhà máy khi đầu tư K (đơn vị: nghìn USD), sản phẩm cận biên theo vốn là
Q’(K) = 100K – 1/3
.
Biết rằng với mức đầu tư 8, sản lượng ở mức 4000 đơn vị. Cần đầu tư bao nhiêu để đạt mức sản lượng
8800 đơn vị?
A. 218; B. 212; C. 214; D. 216;
urrent Attempt in Progress Wildhorse Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During the year Wildhorse had repaid existing debt of $317,900 and raised additional debt capital of $645,200. It also repurchased stock in the open market for a total of $44,750. What is the net cash provided by financing activities
Answer:
$282,550
Explanation:
Calculation to determine the net cash provided by financing activities
Using this formula
Net cash provided by financing activities= Additional debt capital -Repaid existing debt- Repurchased stock
Let plug in the formula
Net cash provided by financing activities=$645,200-$317,900-$44,750
Net cash provided by financing activities=$282,550
Therefore the net cash provided by financing activities is $282,550
___ is the total sum of benefits a purchasing firm obtains for the price it pays for the marketing offering.
is the total sum of benifits a purchesing firm for the price for the marketing offering quality
If x follows a normal distribution with a mean of 10 and
standard deviation of 3; find out the following
A) Find the value of x = xº such that P(x 5 xº) = 5%
B) Find the value of x = xº such that P(x 2 x°) = 1%
Answer:
The answer is below
Explanation:
The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:
[tex]z=\frac{x-\mu}{\sigma} \\\\where\ x=raw\ score, \mu=mean,\ \sigma=standard\ deviation[/tex]
a) P(x ≥ x⁰) = P(z ≥ z⁰) = 1 - P(z < z⁰)
1 - P(z < z⁰) = 1%
P(z < z⁰) = 99%
z⁰ = 2.33
z° = (x° - μ)/σ
2.33 = (x° - 10)/3
x⁰ = 16.99
b) P(x ≥ x⁰) = P(z ≥ z⁰) = 1 - P(z < z⁰)
1 - P(z < z⁰) = 10%
P(z < z⁰) = 90%
z⁰ = 1.28
z° = (x° - μ)/σ
1.28 = (x° - 10)/3
x⁰ = 13.84
c) P(x ≥ x⁰) = P(z ≥ z⁰) = 1 - P(z < z⁰)
1 - P(z < z⁰) = 5%
P(z < z⁰) = 95%
z⁰ = 1.65
z° = (x° - μ)/σ
1.65 = (x° - 10)/3
x⁰ = 14.95
During the taking of its physical inventory on December 31, 2014, Barry's Bike Shop incorrectly counted its inventory as $229,134 instead of the correct amount of $165,639. The effect on the balance sheet and income statement would be
Answer:
Assets will be overstated and Net Income understated
Explanation:
The effect on the balance sheet and income statement
Balance Sheet :
Inventory will be overstated
Inventory belongs to the Current Asset group
Meaning Assets will be overstated
Income Statement :
Inventory will be overstated
This reduces cost of sales with an amount greater
Meaning Profits will be overstated
Conclusion
The effect on the balance sheet and income statement would be : Assets will be overstated and Net Income understated.
What are derivatives? Different types of derivatives ? What are Forward contracts ?
What are Futures contracts ? Features and benefits of derivatives ?
Explanation:
The most common types of derivatives are forwards, futures, options, and swaps. The most common underlying assets include commodities, stocks, bonds, interest rates, and currencies. Derivatives allow investors to earn large returns from small movements in the underlying asset's price.
Crosley Company, a machinery dealer, leased a machine to Dexter Corporation on January 1, 2020. The lease is for an 8-year period and requires equal annual payments of $35,004 at the beginning of each year. The first payment is received on January 1, 2020. Crosley had purchased the machine during 2019 for $160,000. Collectibility of lease payments by Crosley is probable. Crosley set the annual rental to ensure a 6% rate of return. The machine has an economic life of 10 years with no residual value and reverts to Crosley at the termination of the lease.
Instructions:
a. Compute the amount of the lease receivable.
b. Prepare all necessary journal entries for Crosley for 2020.
c. Suppose the collectibility of the lease payments was not probable for Crosley. Prepare all necessary journal entries for the company in 2020.
d. Suppose at the end of the lease term, Crosley receives the asset and determines that it actually has a fair value of $1,000 instead of the anticipated residual value of $0. Record the entry to recognize the receipt of the asset for Crosley at the end of the lease term.
Answer:
A.$230,410
B. 01-Jan-17
Lease Receivable $230,410
Cost of Goods Sold $160,000
Sales Revenue $230,410
Inventory $160,000
01-Jan-17
Dr Cash $35,004
Cr Lease Receivable $35,004
31-Dec-17
Dr Lease Receivable $11,724
Cr Interest Revenue $11,724
C)01-Jan-17
Dr Cash $35,004
Cr Deposit Liability $35,004
D. Dr Inventory $1,000
Cr Gain on Lease $1,000
Explanation:
A. Computation for the amount of the lease receivable.
PV of lease= PV(rate, nper, pmt, [fv]), [type])
PV of lease= -PV (6%,8,35004, , 1)
PV of lease =$230,410
Therefore the amount of the lease receivable is $230,410
B. Preparation of all necessary journal entries for Crosley for 2020.
01-Jan-17
Lease Receivable $230,410
Cost of Goods Sold $160,000
Sales Revenue $230,410
Inventory $160,000
01-Jan-17
Dr Cash $35,004
Cr Lease Receivable $35,004
31-Dec-17
Dr Lease Receivable $11,724
Cr Interest Revenue $11,724
C. Preparation of all necessary journal entries for the company in 2020.
01-Jan-17
Dr Cash $35,004
Cr Deposit Liability $35,004
D. Preparation to Record the entry to recognize the receipt of the asset for Crosley at the end of the lease term
Dr Inventory $1,000
Cr Gain on Lease $1,000
In the market for wheat, if the price of ethanol (which is made from corn, a substitute in the production process) increased dramatically, the _____ wheat would _____.
a. demand for; increase.
b. supply of; decrease.
c. demand for; decrease.
d. supply of; increase.
Answer:
I think C.
Explanation:
Please correct me if wrong and if right, give brainliest plz?
A company projects an increase in net income of $108000 each year for the next five years if it invests $900000 in new equipment. The equipment has a 5-year life and an estimated salvage value of $300000. What is the annual rate of return on this investment?
a. 20.5%
b. 31.0%
c. 30.0%
d. 30.8%
Answer:
18 %
Explanation:
Annual rate of return on this investment = annual profit / average investment x 100
where,
annual profit = $108000
average investment = (initial cost + salvage value) ÷ 2
= ($900000 + $300000) ÷ 2
= $600,000
therefore,
annual rate of return on this investment = $108000 / $600,000 x 100
= 18 %
Your credibility is your capability of being believed because you are reliable and worthy of confidence.
yes, agreed and proven.
East Valve Distributors distributes industrial valves and control devices. The Eastern control device has an annual demand of 9,375 units and sells for $100 per unit. The cost of ordering is $40 per order and the average carrying cost per unit per year is $0.75. Determine the economic order quantity.
Answer:
1000
Explanation:
Given:
Annual DEMAND, D = 9375
Holding cost, H = 0.75
Cost per order, S = 40
The Economic order quantity :
EOQ = √[(2 * D * S) / H]
EOQ = √[(2 * 9375 * 40) / 0.75]
EOQ = √[(750000) / 0.75]
EOQ = √1000000
EOQ = 1000
On November 1, 2010, Salem Corporation sold land priced at $900,000 in exchange for a 6%, six-month note receivable. As a result of this sale of land, what will Salem's Balance Sheet on December 31, 2010 include
Answer:
Note receivables of $900,000 & Interest receivable of $9,000
Explanation:
As a result of this sale of land, what will Salem's Balance Sheet on December 31, 2010 include?
Interest receivable = $900,000*6%*2/12
Interest receivable = $900,000 * 0.01
Interest receivable = $9,000
So, Salem's Balance Sheet on December 31, 2010 will include Note receivables of $900,000 and Interest receivable of $9,000.
Waiting period. Upstate University currently has a 6 comma 000 -car parking capacity for faculty, staff, and students. This year, the university issued 4 comma 356 parking passes. The number of parking passes issued has been growing at a rate of 6 % per year. How long will it be before the university will need to add parking spaces?
Answer: 5.5 years
Explanation:
The 6,000 parking capacity is the future value of the number of parking passes and the 4,356 is the present value.
Using the future value formula, you can find the number of periods it would take:
Future value = Present value * (1 + rate) ^ n
(1 + rate)^ n = Future value / Present value
n = In (Future value / Present value) / In ( 1 + r)
= In (6,000 / 4,356) / In ( 1 + 6%)
= 5.495 years
= 5.5 years
A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.
Required:
a. Determine the economic order quantity. (Round your final answer to the nearest whole number.) Economic order quantity bags
b. What is the average number of bags on hand? (Round your final answer to the nearest whole number.) Average number of bags
c. How many orders per year will there be? (Round your final answer to the nearest whole number.) Number of orders per year
d. Compute the total cost of ordering and carrying flour.
Answer and Explanation:
The computation is shown below
a. The economic order quantity is
= sqrt ((2 × annual demand × ordering cost) ÷ carrying cost)
= sqrt ((2 × 1,215 × $10) ÷ $75)
= 18 units
b) Average number of bags on hand is
= EOQ ÷ 2
= 18 ÷ 2
= 9
c) Orders per year is
= D ÷ EOQ
= 1215 ÷ 18
= 67.5
= 68
d) Total cost = Total carrying cost+ Total ordering cost
= (Q ÷ 2)H +(D ÷ Q)S
= (18 ÷ 2)75 + (1215 ÷ 18) × 10
= 675 + 675
= $1350
Kite Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.
Sales (3,000 units) $ 180,000
Variable expenses 108,000
Contribution margin 72,000
Fixed expenses 62,400
Net operating income $ 9,600
The contribution margin ratio is closest to:______.
a. 33%
b. 40%
c. 60%
d. 67%
Answer:
b. 40%
Explanation:
Contribution margin ratio = Contribution / Sales x 100
where,
Contribution = Sales - Variable Costs
= $180,000 - 108,000
= $72,000
therefore,
Contribution margin ratio = $72,000/ $180,000 x 100
= 40 %
thus,
The contribution margin ratio is closest to 40 %.
An industry consists of three firms with sales of $355,000, $825,000, and $435,000.
a. Calculate the Herfindahl-Hirschman index (HHI).
Instruction:
Enter your response rounded to the nearest integer.
b. Calculate the four-firm concentration ratio (C4).
c. Based on the FTC and DOJ Horizontal Merger Guidelines described in the text, is the Department of Justice likely to attempt to block a horizontal merger between two firms with sales of $355,000 and $435,000
Answer:
Calculating Herfindahl-Hirschman Index and Four-Firm Concentration Ratio:
a. Herfindahl-Hirschman index (HHI) = 3,814
b. The four-firm concentration ratio (C4) = 1
c. If the two firms with sales of $355,000 and $435,000 merged, the resulting HHI would increase by 1,723 to 5,537. The post-merger HHI now exceeds that allowed under the Guidelines (2,500). The increase in HHI is more than that permitted under the Guidelines (200), the merger is likely to be blocked by the Department of Justice.
Explanation:
a) Data and Calculations:
Sales of three firms in an industry:
Sales Industry Share
Firm A sales = $355,000 22% ($355,000/$1,615,000 * 100)
Firm B sales = 825,000 51% ($825,000/$1,615,000 * 100)
Firm C sales = 435,000 27% ($435,000/$1,615,000 * 100)
Total sales = $1,615,000
Herfindahl-Hirschman index (HHI) = 3,814 (22² + 51² + 27²)
Four-firm concentration ratio (C4) = Sales of the four largest firms/Industry sales = $1,615,000/$1,615,000
If the two firms with sales of $355,000 and $435,000 were to merge, the new Herfindahl-Hirschman index (HHI) = 5,537(49² + 51²)
Increase in HHI as a result of the merger = 1,723
