Answer:
Standard cycle
Explanation:
If a firm pursues a strategic alliance in order to reduce industry overcapacity, that firm most likely operates in what type of market
Wayfarer Company has no debt, and a value of $70.000 million. Adventures Incorporated is otherwise identical but has $28.000 million of debt in its capital structure. Under the different models, what is the value of Adventures Incorporated if its corporate tax rate is 25%, the personal tax rate on equity is 10%, and the personal tax rate on debt is 26%?
Answer:
Following are the solution to this question:
Explanation:
Please find the complete question in the attachment.
In point 1:
The answer is =70.000
In point 2:
[tex]=70.000+28.000 \times 25\%\\\\=70.000+28.000 \times \frac{25}{100}\\\\=70.000+28.000 \times \frac{1}{4}\\\\=70.000+ 7 \\\\=77.000\\\\=77[/tex]
In point 3:
[tex]=70.000+(1-(1-25 \%) \times \frac{(1-10\%)}{(1-26\%)) \times 28.000}\\\\=70.000+(1-(1- \frac{25}{100}) \times \frac{(1- \frac{10}{100})}{(1-\frac{26}{100})) \times 28.000}\\\\=70.000+(1-1+ \frac{1}{4}) \times \frac{(\frac{ 10-1}{10})}{( \frac{100-26}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{(\frac{9}{10})}{(\frac{74}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{0.9}{20.72}\\\\=70.000+ \frac{0.9}{82.88}\\\\=70.000+0.01058\\\\=70.01058\\\\[/tex]
A company's managers have decided to issue bonds to raise financial capital. What is the first step in this process?
A. Selling the bonds to investors
B. Contacting a financial advisory firm
C. Filing documents with the SEC
D. Determining the firm's creditworthiness
E. Preparing documentation
Answer: Contacting a financial advisory firm
Explanation:
Since the company's managers have decided to issue bonds to raise financial capital, the first step in this process is for them to contact a financial advisory firm.
The financial advisory firm would help in giving advice and also consultation regarding the finance of the company and provide them with strategies that can help the company reduce costs and achieve their financial goals.
Concord Corporation issued 8000 shares of stock at a stated value of $10/share. The total issue of stock sold for $15/share. The journal entry to record this transaction would include a:_____.
a. credit to Common Stock for $120000.
b. credit to Paid-in Capital in Excess of Par Value for $40000.
c. debit to Cash for $80000.
d. credit to Common Stock for $80000.
Answer:
d. credit to Common Stock for $80,000
Explanation:
Based on the information given we were told that the 8000 shares of stock at a stated value of $10 per share was issued by the corporation which means that The journal entry to record this transaction would include a:
Credit to Common Stock for $80,000
Calculated as:
Common Stock = 8000 shares*$10 per share
Common Stock=$80,000
________ measures the percentage of individuals in a defined target market who are exposed to an ad during a specified time period.
Answer:
Reach
Explanation:
Marketing reach is a metric used by sellers to estimate the portion of the target market that have been exposed to their adverts.
This is an important metric that shows how effective marketing efforts are, it also indicates wether more effort should be put into advertising to increase the reach.
Reach is calculated by dividing impressions by frequency.
Impression is the total number of times an advert is displayed while frequency is the number of times it is viewed.
You want to have $500,000 in today's (real) dollars when you retire in 40 years. The expected inflation rate is 1.1% and the nominal return on your investments is 6.5%. How much money do you have to save now if you can't make any additional deposits?
Answer:
Initial deposit= $62,378.07
Explanation:
First, we need to calculate the nominal value of $500,000 in 40 years:
Future Value= PV*(1+r)^n
r= inflation rate
FV= 500,000*(1.011^40)
FV= $774,490.74
Now, the initial deposit (PV) to be made in the present:
PV= FV/(1+i)^n
i= interest rate
PV= 774,490.74 / (1.065^40)
PV= $62,378.07
Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials totaling $86000. How much is direct labor cost
Answer:
$296,000
Explanation:
Calculation for How much is direct labor cost
Using this formula
Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling
Let plug in the formula
Direct labor cost=$450,000 - $68,000 - $86,000
Direct labor cost=$296,000
Therefore the direct labor cost will be $296,000
The following data are available relating to the performance of Long Horn Stock Fund and the market portfolio:
Long Horn Market Portfolio
Average return 19 % 12 %
Standard deviations of returns 35 % 15 %
Beta 1.5 1.0
Residual standard deviation 3.0 % 0.0 %
The risk-free return during the sample period was 6%.
What is the Treynor measure of performance evaluation for Long Horn Stock Fund?
a. 0.0133
b. 0.04
c. 0.0867
d. 0.3143
e. 0.3714
Answer: c. 0.0867
Explanation:
Treynor measure for Long Horn Stock Fund;
= (Average return - Risk-free return) / Beta
= (19% - 6%) / 1.5
= 0.08666667
= 0.0867
Flanders Manufacturing is considering purchasing a new machine that will reduce unit variable costs by $0.15. The new machine will increase annual fixed costs by $18,250. Before purchasing the new machine, sales volume is 216,000 units, the unit selling price is $2.15, the unit variable cost is $1.75, and total fixed costs are $56,000. What will be the impact on net operating income if Flanders purchases the new machine
Answer:
Effect on income= $14,150 increase
Explanation:
Giving the following information:
Unitary variable cost reduction= $0.15
Increase in fixed cost= $18,250
Before purchasing the new machine, sales volume is 216,000 units.
To calculate the effect on income, we need to determine the total decrease in variable cost:
Total decrease in variable cost= 0.15*216,000= $32,400
Now, the effect on income:
Effect on income= 32,400 - 18,250
Effect on income= $14,150 increase
The three main methods that can be used to achieve the efficient use of a common resource are:___________.
A. property rights, production quotas, and ITQs
B. taxes, production quotas, and ITQs
C. property rights, marketable permits, and vouchers
D. property rights, production quotas, and marketable permits
Answer:
Option A:property rights, production quotas, and ITQs
Explanation:
A Common Resources is known simply as a resource for which rights are held in common by a group of individuals who has no exclusive ownership right. With common resources, property rights are not well-defined and are non-exclusive. In a common resource, an individual has the right to use the resource, but not to change its form or transfer it to other individuals. The policies that helps to improve efficiency include: production quotas, individual transferable quotas and property right.
Production quotas is simply an upper limit to the quantity of a good that may be produced legally.
An individual transferable quota is a production limit that is given to an individual who is free to transfer the quota to another person.
By the assignment of property rights, common property becomes private property.
In planning for your retirement, you have decided that you would like to be able to withdraw $60,000 per year for a 10 year period. The first withdrawal will occur 20 years from today.
a. What amount must you invest today if your return is 10% per year?
b. What amount must you invest today if your return is 15% per year?
Answer:
a. $66,309
b. $24, 333
Explanation:
In both scenarios, the Cash Flows are uneven. thus we need to be careful the way we use the Time Value of Money. What we will be looking for is the Net Present Value - the Initial cost of the Investment.
Step 1
The summary of cash flows for this project can be shown as follows :
Year 0 = ? (to be calculated)
Year 1 to Year 19 = 0
Year 20 to Year 30 = $60,000
Step 2
Using the CFj Function of the Financial calculator, we can then calculate the Net Present Value as :
Part a
$0 CFj
19 Nj
$60,000 CFj
10 Nj
10 % I/YR
Shift NPV = $66,309
Part b
$0 CFj
19 Nj
$60,000 CFj
10 Nj
15 % I/YR
Shift NPV = $24,333
Compared with supermarkets, the product mix for vending machines is: __________.
a. the same
b. wider and deeper
c. wider and deeper
d. shallower and narrower
e. narrower and deeper
Answer:
d. shallower and narrower
Explanation:
Product width basically refers to how many different product lines are sold, and obviously a supermarket sells hundreds of product line, while a vending machine generally sells soft drinks or snacks, which is only 1 product line.
The product depth refers to the amount of products sold, and a supermarket is much larger than a vending machine so it can sell many more products.
Does anyone know how to slap babies correctly?
Answer:
no don't do that.
Explanation:
Answer:
Yes. You get in the car, buckle up, ad drive to the police station and turn yourself in for child abuse :)
Explanation:
Bank reserves are $200, the public holds $1000 in currency, and the reserve-deposit ratio is 20%. What is the Value of Bank Deposits? What is the Money Supply? Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase? Please enter your answers as numerical responses (ie. 100 or $100 not "One Hundred Dollars")
Answer:
What is the Value of Bank Deposits?
bank deposits = bank reserves / required reserve ratio = $200 / 20% = $1,000
What is the Money Supply?
money supply = bank deposits + currency held by the public = $1,000 + $1,00 = $2,000
Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase?
if the FED sells $50 worth of bonds, money supply will decrease by $50 x (1 / 20%) = $50 x 5 = $250
total money supply = $2,000 - $250 = $1,750
Which of the following taxes would be deducted in determining an employee's net pay?
a. FUTA taxes
b. all are correct
c. FICA taxes
d. SUTA taxes
Answer:
c. FICA taxes
Explanation:
The FICA taxes are the taxes that contributed in the federal insurance and the same is deducted from the income also the benefits would also received in this. The benefits could be in terms of social security, medicare, retirement benefits
Therefore as per the given options, the option C is to be selected
Hence, all the other options would be ignored
A stock is currently selling for $79 per share. A call option with an exercise price of $83 sells for $3.95 and expires in three months. If the risk-free rate of interest is 2.8 percent per year, compounded continuously, what is the price of a put option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answer: $7.37
Explanation:
The price of a put option with the same exercise price would be calculated as:
C + Xe^-rt = P + S
It should be noted that in the formula above,
P = Put option price
C = price of call option
S = stock price
X = exercise price
r = interest rate
t = time
We then slot in the values which will be:
= 3.95 + 83e^-2.8% × 3/12 = P + 79
P = 3.95 + 83e^-2.8% × 3/12 - 79
P = 3.95 + 82.42 -79
= $7.37
Mccloe Corporation's balance sheet and income statement appear below:
Mccloe Corporation Comparative Balance Sheet Ending Balance Beginning Balance Assets Current assets: Cash and cash equivalents $ 42 $ 35
Accounts receivable 49 54
Inventory 62 54
Total current assets 153 143
Property, plant and equipment 470 440
Less: accumulated depreciation 262 254
Net property, plant, and equipment 208 186
Total assets $361 $329
Liabilities and stockholders' equity Current liabilities:
Accounts payable $ 55 $ 49
Accrued liabilities 28 20
Income taxes payable 49 49
Total current liabilities 132 118
Bonds payable 113 128
Total liabilities 245 246
Stockholders' equity:
Common stock 46 34
Retained earnings 70 49
Total stockholders' equity 116 83
Total liabilities and stockholders' equity $361 $329
Income Statement Sales $433
Cost of goods sold 231
Gross margin 202
Selling and administrative expenses 168
Net operating income 34
Gain on sale of plant and equipment 14 Income before taxes 48 Income taxes 18 Net income $ 30 Cash dividends were $9. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was: ____________
a) $(12)
b) $(15)
c) $(9)
d) $12
Answer:
a) $(12)
Explanation:
The computation of the net cash provided by (used in) financing activities for the year was shown below:
Cash flow from financing activities
Issuance of the common stock ($46 - $34) $12
Less Redeemed bond payable ($113 - $128) -$15
Less cash dividends -$9
Net cash flow used by financing activities is -$12
Hence, the same is to be considered
A project that cost $80000 with a useful life of 5 years is being considered. Straight-line depreciation is being used and salvage value is $5000. The project will generate annual revenues of $24350. The annual rate of return is:_______
a. 17%
b. 50.3%
c. 16%
d. 15%
Answer:
22%
Explanation:
Net income = Annual cash flow - Depreciation
Net income = 24350 - (80,000-5,000 / 5)
Net income = 24350 - 15,000
Net income = $9350
Average investment = Beg. value + End. Value / 2
Average investment = 80,000 + 5,000 / 2
Average investment = $42,500
Annual rate of return = Net income / Average investment * 100
Annual rate of return = $9350 / $42,500 * 100
Annual rate of return = 0.22 * 100
Annual rate of return = 22%
Answer:Annual Rate of Return =22%
The correct option is not given
Explanation:
Annual Rate of Return = Net Income / Average Investment x 100
Net Income= Annual Cash flow - Depreciation
Straight-line depreciation =Cost - salvage value / useful years
= 80,000 - 5,000 / 5
75,000/5= $15,000
Net Income=$24,350 - $15,000
=$9,350
Average Investment= Initial investment + salvage value / 2
$80,000 + 5000 / 2
= $85,000/ 2
$42,500
Annual Rate of Return =$9, 350/ $42,500 x 100
= 0.22 x100
=22%
Short Company purchased land by paying $22,000 cash on the purchase date and agreed to pay $22,000 for each of the next seven years beginning one-year from the purchase date. Short's incremental borrowing rate is 10%. On the balance sheet as of the purchase date, after the initial $22,000 payment was made, the liability reported is closest to: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.)
Answer:
The liability reported is closest to $107,105.21.
Explanation:
This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value or the the liability reported =?
P = Annuity payment = $22,000
r = Student's desired return rate = 10%, or 0.10
n = number of years = 7
Substitute the values into equation (1) to have:
PV = $22,000 * ((1 - (1 / (1 + 0.10))^7) / 0.10)
PV = $22,000 * 4.86841881769293
PV = $107,105.21
Therefore, the liability reported is closest to $107,105.21.
In September 2008, the stock market fell sharply and continued to perform poorly due to the financial crisis. How did this change impact GDP in the economy?
Answer:
Many people's wealth is held in stocks and as the price of stocks collapsed, they lost wealth.
Imagine that this happened to you. One day you are rich and that affects your spending habits. In a matter of few days or weeks, you lose a large portion of your wealth. So now, you are less rich or even poor. So your spending habits will be altered, i.e. you will spend less.
If you consider the economy as a whole, aggregate demand will fall, resulting in a decrease of aggregate supply, and an overall decrease of the GDP.
A coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 5 years, and is selling today at a $75.25 premium from par value. The current yield on this bond is _________.
a. 6%
b. 6.49%
c. 6.73%
d. 7%
Answer:
b. 6.49%
Explanation:
Calculation for The current yield on this bond
First step is to calculate the Current price
Current price = $1,000 - 75.25
Current price = $924.75
Now let calculate the Current yield using this formula
Current yield =Coupon bond interest/Current price
Let plug in the formula
Current yield = $60/$924.75
Current yield = 6.49%
Therefore the current yield on this bond is 6.49%
So this is a personal problem please help
So...I knew this girl for about 6-8 years and we been doing everything together but Yesterday I found out she was talking behind my back and I don’t know what to do I know I should not talk to her anymore or be friends but she doesn’t know I know that she was talking behind my back how do I tell her????
Answer:
ask her why
Explanation:
because friend will do somthing for a reason
In what positive and negative ways has the Internet changed the conduct and coordination of global business?
Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft
Explanation:
The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways
Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.
Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.
Orlando Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 12,000 Actual variable overhead incurred: $77,700 Actual machine hours worked: 18,800 Standard variable overhead cost per machine hour: $4.50 If Orlando estimates 1.5 hours to manufacture a completed unit, the company's variable-overhead spending variance is:
Answer:
$37,600 favorable
Explanation:
Variable overhead spending variance can be computed as;
= (Actual hours worked × Actual variable overhead rate) - ( Actual hours worked - Standard variable overhead rate)
= ( 18,800 hours × $77,700/12,000) - (18,800 hours × $4.5)
= [(18,800 × $6.5) - (18,800 × $4.5)]
= $122,200 - $84,600
= $37,600 favorable
The stock in Bowie Enterprises has a beta of .89. The expected return on the market is 11.90 percent and the risk-free rate is 2.93 percent. What is the required return on the company's stock?a. 10.91%b. 13.52%c. 10.31%d. 10.61%e. 12.22%
Answer:
a. 10.91%
Explanation:
The computation of the required return on the company stock is shown below:
As per CAPM, the required return is
= Risk free rate of return + Beta × (Market rate of return - risk free rate of return)
= 2.93% + 0.89 × (11.90% - 2.93%)
= 2.93% + 0.89 × 8.97
= 10.91%
Hence, the required return on the company's stock is 10.91%
Therefore the correct option is a.
Southport Industries has current assets of $900,000 and a current ratio is 2.50. Assume that the company prepays rent for 9 months in the amount of $40,000. The current ratio after this transaction is closest to:
Answer:
2.50
Explanation:
Based on the information given we were told that the current ratio is 2.50 which means that the current ratio after this transaction is closest to: 2.50 reason been that based on the information given Increase in prepaid rent lead to decreae in cash which is why we won't have any change in the current ratio of 2.50
Therefore the current ratio after this transaction is closest to: 2.50
Which employee role is directly accountable to ensure that employees are implementing security policies consistently
Answer: Information Technology
Explanation:
The employee role is directly accountable to ensure that employees are implementing security policies consistently is the information technology staff.
Such individual implements and also maintains security policies, procedures, and standards. The Information Technology staff gives the necessary mechanisms that will be required to enhance the security program.
Your friend Aleksei is going through a difficult time. His partner left him and his company just announced there will be a large round of layoffs in his department. You stop at Aleksei's apartment after work one evening and notice that he is gulping coffee and chain-smoking cigarettes. He explains that the stress is getting to him and that he's had trouble sleeping. What advice can you give Aleksei
The advice can you give Aleksei Study a book. On your computer or phone, download the "calm" app (rain, nature sounds). Take a stroll. Take up yoga. Play music, sing along with the lyrics, or dance. Relax in a hot bath. Close your eyes and take a seat quietly. Turn on a scented candle.
What stress means?Any type of change that causes physical, emotional, or psychological strain is referred to as stress. Your body reacts to anything that demands attention or action by causing stress. Stress affects everyone to some extent.
An emotion or physical tension is referred to as stress. It can be caused by anything that frustrates, enrages, or unnerves you in your thoughts or experiences. A challenge or demand causes your body to experience stress. When it serves to keep you safe or help you meet a deadline, stress can be beneficial in short bursts.
Learn more about Stress here:
https://brainly.com/question/25632718
#SPJ5
Q2. Which of the following is not covered under Marine Insurance?
a Theft insurance
b. Marine insurance
c. Life insurance
d. Fire insurance
Answer:
Marine Insurance? lol kinda make no sense
Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During the first month of operation, the corporation issued 280 shares to its attorneys in payment of a $4,800 charge for drawing up the articles of incorporation. The entry to record this transaction would include:__________.
a. A debit to Organization Expenses for $4,800.
b. A debit to Organization Expenses for $2,800.
c. A credit to Common Stock for $4,800.
d. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $4,800.
e. A debit to Paid-in Capital in Excess of Par Value, Common Stock for $2,000.
Answer:
a. A debit to organization expenses for $4800
Explanation:
Based on the information given we were told
the corporation issued a 280 shares in payment of the amount of $4,800 which was a charge for drawing up the articles of incorporation . Therefore the journal entry to record this transaction would include A debit to organization expenses for the amount of $4,800 that was charge for drawing up the articles of incorporation.
According to the quantity-quality model of hospital behavior:________.
a. Hospitals will choose a quantity and quality combination that maximizes the hospitals profit
b. Hospitals will choose a quantity and quality combination that maximizes the utility of the administrator subject to the hospital residual
Answer:
a. Hospitals will choose a quantity and quality combination that maximizes the hospitals profit
Explanation:
As per the quantity and quality model fo the hostipal behavior is focused on the selection of the quantity and quantity combination that maximize the profit of the hospitals
Therefore as per the given situation, the a option is correct as for every type of organization the main motive is to maximize the profit
So the option a is right
And, the rest of the options are wrong
