Answer:
15.19%
Explanation:
According to the given situation, the computation of the annual percentage rate is shown below:-
Annual percentage rate = (1 + APR ÷ n^n) -1)
Now we will put the values into the above formula to reach the annual percentage rate
= ((1.1608) × 0.25 - 1) × 4
= 0.1519
or
= 15.19%
Therefore for computing the annual percentage rate we simply applied the above formula.
risk-free assets have a beta of 0 and the market portfolio has a beta of 1. true or false true false
Answer: true
Explanation:
The term risk free assets are the assets that are secure because they are expected to bring about a return while the Beta is used to know the volatility of a portfolio when it is compared to the entire market.
Risk-free assets typically have zero beta since they're risk free. Therefore, risk-free assets have a beta of 0 and the market portfolio has a beta of 1 is true.
Recently, the Google team announced its fleet of driverless cars had completed over 1 million miles of "autonomous driving." The Google driverless car is at which stage of the new-product development process?
Answer:
Product Development (stage five)
Explanation:
Sometimes companies make moves towards introducing new products in the market space. To do this there are different stages that must be passed in the new-product development process. The product development stage is the stage where a prototype version of the product is produced. This version of the product would have the required features of the end product and the effect the product is expected to produce. After this stage, the product undergoes market testing. For products that took in a lot of investment, more intense test marketing should be done in order to ascertain what would really translate to higher sales for the product.
When the Google team announced that its fleet of driverless cars had completed over 1 million miles of 'autonomous driving', it means that they had produced the prototype of the product and it has undergone testing. The next stage would entail testing the product in the market and then commercialization.
Seminole Corporation common stock currently sells for $32 per share. The firm recently paid a dividend of $1.25 per share. Flotation costs for new external equity are $3 per share. Analysts have forecast that earnings and dividends will grow at an average annual rate of 7% percent well into the future. What is the company's cost of internal equity?
Answer:
The cost of internal equity is 11.18%
Explanation:
The constant growth model of DDM can be used to calculate the price of a stock if the growth rate in the dividend is expected to remain constant. The DDM values the stock based on the present value of the expected future dividends from the stock.
The formula for price today under DDM is,
P0 = D0 * (1+g) / r - g
We already know the P0, the D0 and the g. We can plug in these values in the formula to calculate r which is the cost of equity capital.
32 = 1.25 * (1+ 0.07) / (r - 0.07)
32 * (r - 0.07) = 1.3375
32r - 2.24 = 1.3375
32r = 1.3375 + 2.24
r = 3.5775 / 32
r = 0.11179 or 11.179%
the fair value of Blossom is estimated to be $820,800. The carrying value of Blossom’s net identifiable assets, including the goodwill, at year-end is $855,000. Prepare Cullumber’s journal entry, if necessary, to record impairment of goodwill.
Answer:
Cullumber Company
Journal Entry:
Debit Loss on Goodwill Impairment $34,200
Credit Goodwill $34,200
To record the loss on goodwill impairment.
Explanation:
a) Data and Calculation:
Fair value = $820,800
Carrying value of net identifiable assets, including goodwill = $855,000
Goodwill impairment = $34,200 ($855,000 - $820,800)
b) Cullumber, which acquired Blossom is expected to check for the impairment of goodwill yearly. The impairment occurs when the carrying value of the net identifiable assets of Blossom is more than the fair value of Blossom. Generally Accepted Accounting Standards require the annual review of the fair value of goodwill to check for its impairment. By the above entry, the goodwill will be reduced by $34,200 and a loss debited in Cullumber's accounts.
A company with $70,000 in current assets and $50,000 in current liabilities pays a $1,000 current liability. As a result of this transaction, the current ratio and working capital will
The question is missing the options and is incomplete. The q=complete question is,
A company with $70,000 in current assets and $50,000 in current liabilities pays a $1,000 current liability. As a result of this transaction, the current ratio and working capital will:
a. both decrease
b. both increase
c. remain the same and decrease, respectively
d. increase and remain the same, respectively
Answer:
The correct answer is option D as the current ratio has increased while the working capital has remained the same.
Explanation:
The current ratio is calculated by dividing the current assets by the current liabilities. The formula for current ratio is,
Current ratio = Current assets / current liabilities
The old current ratio was,
Current ratio = 70000 / 50000 = 1.4
After the transaction, the new current ratio is,
Current ratio = (70000 - 1000) / (50000 - 1000) = 1.408
Thus, as a result of the transaction, the current ratio has increased.
The working capital is the difference between the value of current assets and the value of current liabilities.
The formula to calculate the working capital is,
Working capital = Current assets - Current liabilities
Old working capital = 70000 - 50000 = $20000
The new working capital = 69000 - 49000 = $20000
Thus, the working capital remain unchanged after the transaction.
An existing robot can be kept if $2,300 is spent now to upgrade it for future service requirements. Alternatively, the company can purchase a new robot to replace the old robot. The following estimates have been developed for both the defender and the challenger. The company's before-tax MARR is 25% per year. Based on this information, should the existing robot be replaced right now? Assume the robot will be needed for an indefinite period of time.
Defender Challenger
Current MV $39,000 Purchase price $50,000
Required upgrade $2,300 Installation cost $5,000
Annual expenses $1,600 Annual expenses $1,000
Remaining useful life 6 years Useful life 10 years
MV at end of useful life -$1,500 MV at end of useful life $7,000
The AW value of the defender is:________ $.
Answer:
The AW value of the defender is:________ $15,729.
Explanation:
a) Data and Calculations:
Defender Challenger
Current MV $39,000 Purchase price $50,000
Required upgrade $2,300 Installation cost $5,000
Annual expenses $1,600 Annual expenses $1,000
Remaining useful life 6 years Useful life 10 years
MV at end of useful life -$1,500 MV at end of useful life $7,000
Investment = $39,000 + $2,300 Investment = $50,000 + $5,000
= $41,300 = $55,000
Present Value = ($41,300 + Present Value = ($55,000 +
$1,600 x 2.951) = $46,021.60 $1,000 x 3.571) = $58,571
$46,022 + $393 ($1,500 x .262) $58,571 - $749 ($7,000 x .107)
Equivalent Annual Cost Equivalent Annual Cost
= $46,415/ 2.951 = $57,822/3.571
= $15,729 = $16,192
The robots' Equivalent Annual Costs (or Average Weighted Value) are the total costs of owning, operating, and maintaining the robots for 6 years and 10 years respectively. For the old robot, additional cost of $1,500 will be incurred to retire the asset, while the new robot will have a salvage value of $7,000. These are factored into the equivalent annual costs, after discounting them to their present values.
Whenever an existing piece of equipment is considered for replacing by a new piece of equipment, the old piece is referred to as the defender, and the new piece of equipment is referred to as the challenger.
The AW value of the defender is------------$15,729.
a) Data and Calculations:
Defender Challenger
Current MV -------$39,000 Purchase price-------$50,000
Required upgrade----------$2,300 Installation cost------$5,000
Annual expenses-----------$1,600 Annual expenses -------$1,000
Remaining useful life--------6 years Useful life ------10 years
MV at end of useful life------$1,500 MV at end of useful life--$7,000
Investment--------- $39,000 + $2,300 Investment = $50,000 + $5,000
= $41,300 = $55,000
Present Value = ($41,300 + Present Value = ($55,000 +
[tex]\$1,600 \times 2.951[/tex]) = $46,021.60 [tex]\$1,000 \times3.571[/tex]) = $58,571
$46,022 + $393 [tex](\$1,500 \times .262)[/tex] $58,571 - $749 ([tex]\$7,000 \times .107[/tex])
Equivalent Annual Cost Equivalent Annual Cost
= [tex]\frac{\$46,415}{ 2.951}[/tex] = [tex]\frac{\$57,822}{3.571}[/tex]
= $15,729 = $16,192
The overall expenses of owning, operating, and maintaining the robots for 6 - 10 years, correspondingly, are the Equivalent Annual Costs (or Average Weighted Value).
The old robot will incur an additional cost of $1,500 to retire it, but the new robot will have a salvage value of $7,000. After discounting to the current value, these are included in the comparable yearly expenses.
To know more about the calculations of the AM value of defender, refer to the link below:
https://brainly.com/question/21178242
What is the equivalent annual annuity of a project that requires an investment of $50,000 today and is expected to generate free cash flows of $15,000 per year for the next five years? The company’s weighted average cost of capital is 13.1% per year.
Answer:
$749.57
Explanation:
equivalent annual annuity = (NPV x rate) / [1 - (1 + rate)⁻ⁿ]
using a calculator, the NPV = $2,630rate = 13.1%n = 5equivalent annual annuity = ($2,630 x 0.131) / [1 - (1 + 0.131)⁻⁵] = $344.53 / 0.4596 = $749.57
The equivalent annual annuity is used to compare mutually exclusive projects and determine which yields the highest annual returns.
Karya Company produces a handcrafted musical instrument called a gamelan. The gamelans are sold for a unit price of $839 Selected data for the company's operations last year follow: Units in beginning inventory 0 Unit produced 11,000 Units sold 7,000 Variable cost per unit: Direct materials $150 Direct labor $450 Variable manufacturing overhead $47 Variable selling and administrative $19 Fixed costs: Fixed manufacutring overhead $790,000 Fixed selling and administrative $620,000 What are the unit product costs under absorption and variable costing system
Answer:
Results are below.
Explanation:
Giving the following information:
Unit produced 11,000
Variable cost per unit:
Direct materials $150
Direct labor $450
Variable manufacturing overhead $47
Fixed costs:
Fixed manufacturing overhead $790,000
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
Variable costing:
Unitary cost= 150 + 450 + 47= $647
Absorption costing:
Unitary fixed overhead= 790,000/11,000= $71.82
Unitary cost= 647 + 71.82= $718.82
Some 150 million customers a month visit Amazon and the company passes through $160 billion in sales via its global supply channels and partnerships making interorganizational relationships very important to the company. Which interacting organization has a low coordination, low integration, transactional focus
Answer with Explanation:
Amazon is fastest growing company in the world which has crossed 2 billion customer visits. It has also increased the worth of the company to $1.14 trillions. The supply chain management is where the strengths of the company lies and nobody can match the pricing strategy, quality management and other significant factors that are included in the supply chain management to ensure that the customer is having what they are paying for.
Supply chain management process includes the key partners which includes their suppliers, partners, clients and customers as well who play important roles in the supply chain process by coordinating, integrating systems with each other and are involved in the transaction-al process.
The customers are the one who interact fewer than partners, suppliers, clients, etc because all they do is order a particular product. This is the first interaction of the customer with Amazon and the last interaction is when the customer received the order. So this means they are less interacting party in this process.
Suppliers are continuously contacted and informed about the pricing, supply chain issues, etc so that the company is able to deliver its customers what they are desiring. Supply chain partners also in the process of interacting with Amazon as they have to move products from supplier to the customer. These partners are highly interacted, possess integrating systems and of transaction-al importance to the company.
A customer has requested that Inga Corporation fill a special order for 3,000 units of product K81 for $30 a unit. While the product would be modified slightly for the special order, product K81's normal unit product cost is $21.30:
Direct materials $ 5.40
Direct labor 6.00
Variable manufacturing overhead 2.50
Fixed manufacturing overhead 7.40
Unit product cost $21.30
Direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing overhead costs. The customer would like modifications made to product K81 that would increase the variable costs by $1.00 per unit and that would require an investment of $14,000 in special molds that would have no salvage value.
This special order would have no effect on the company's other sales. The company has ample spare capacity for producing the special order. If the special order is accepted, the company's overall net operating income would increase (decrease) by:______.
A. $14,200
B. $31,300
C. $(13,700)
D. $(2,800)
Answer:
B. $31,300
Explanation:
Sales $90,000
Less: Variable Cost $44,700
Less: Additional Fixed Cost $14,000
Increase in Operating Income $31,300
Workings:
Sales= 3,000 unit * $30
Sales= 90,000
Variable cost = 3,000 unit * (5.4 + 6 + 2.5 +1)
Variable cost = 3,000 * 14.9
Variable cost = $44,700
During the year, Octagon produced 8,000 units, used 24,000 direct labor hours, and incurred variable overhead of $120,000. Budgeted variable overhead for the year was $90,000. The hours allowed per unit are 2. The standard variable overhead rate is $3.00 per direct labor hour. The variable overhead spending variance is: Group of answer choices $48,000 U. $61,000 U. None of these $27,000 U. $54,000 F.
Answer:
Variable manufacturing overhead rate variance= $48,000 unfavorable
Explanation:
Giving the following information:
Actual direct labor= 24,000 direct labor hours
Actual variable overhead of $120,000.
The standard variable overhead rate is $3.00 per direct labor hour.
To calculate the variable overhead spending variance, we need to use the following formula:
Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity
Actual rate= 120,000/24,000= $5
Variable manufacturing overhead rate variance= (3 - 5)*24,000
Variable manufacturing overhead rate variance= $48,000 unfavorable
On May 1, 2010, Ziek Corp. declared and issued a 10% common stock dividend. Prior to this dividend, Ziek had 100,000 shares of $1 par value common stock issued and outstanding. The fair value of Ziek 's common stock was $20 per share on May 1, 2010. As a result of this stock dividend, Ziek's total stockholders' equity:_________
Answer: did not change
Explanation:
From the question, we are informed that On May 1, 2010, Ziek Corp. declared and issued a 10% common stock dividend and that prior to this dividend, Ziek had 100,000 shares of $1 par value common stock issued and outstanding. We are further informed that the fair value of Ziek 's common stock was $20 per share on May 1, 2010.
As a result of this stock dividend, Ziek's total stockholders' equity did not change. The accounts involved belong to the stockholders' equity, therefore, there will be no change on the total stockholders equity.
What happens to the Purchasing Power of Money, Prices and the Nominal Rate of Interest in CASE 1: the case of an increasing supply of money and credit? CASE 2: the case of a decreasing supply of money and credit? CASE 3: the case of an increasing demand for money and credit? CASE 4: the case of a decreasing demand for money and credit?
Answer:
Case 1: The purchasing power of money will decrease, prices will increase and nominal interest rate will decrease.
Case 2: The purchasing power of money will increase, prices will decrease and nominal interest rate will increase.
Case 3: The purchasing power of money will increase, prices will decrease and nominal interest rate will increase.
Case 4: The purchasing power of money will decrease, prices will increase and nominal interest rate will decrease.
Explanation:
Case 1: The purchasing power of money will decrease, prices will increase and nominal interest rate will decrease.
Case 2: The purchasing power of money will increase, prices will decrease and nominal interest rate will increase.
Case 3: The purchasing power of money will increase, prices will decrease and nominal interest rate will increase.
Case 4: The purchasing power of money will decrease, prices will increase and nominal interest rate will decrease.
In your opinion, what are the forms of institutional advertising that are suitable for banks in Palestine with examples. Why??
Answer:
Institutional advertising for banks in Palestine should take into account the cultural sensibilities of the country.
As a muslim country, banks should take into account not only local Palestinian culture, but also general islamic culture when developing their advertising.
Palestine also has complex foreign relationships. Banks should also take this into account in order to create advertising that is effectively catered to the Palestinian people.
A customer buys a variable annuity and elects a payout option of Life Income with a 20 year period certain. This means that payments will continue for:
Answer:
the annuitant's life, but if he dies before 20 years elapse, payments continue to his heir(s)
Explanation:
An annuity life payment is a financial option that continues until the annuitant dies. a lump sum payment is made by this annuitant which he uses in securing a payout option of Life Income with a 20 year period certain . This annuity would continues for as long as the customer or annuitant is alive, but if he dies before that certain period, Someone else, that is a beneficiary or heir would be entitled to the payment until that period of 20 years elapses.
A price-discriminating monopolist having identical costs in two markets should charge a higher price in that market Group of answer choices
Complete Question:
A price-discriminating monopolist having identical costs in two markets should charge a higher price in that market:
Group of answer choices.
A. which has a higher demand.
B. which has a more elastic demand.
C. which has a less elastic demand.
D. which has a higher marginal revenue.
Answer:
C. which has a less elastic demand.
Explanation:
In competitive marketing, a price-discriminating monopolist is any individual or business entity which charges various customers different prices for its finished products or services, even though the products are similar, identical or homogeneous in nature and there cost of production is the same.
A price-discriminating monopolist having identical costs in two markets should charge a higher price in that market which has a less elastic demand because there are no close substitutes or alternatives for the goods and services.
For instance, if there's a gasoline or fuel hike in a particular state, a price-discriminating monopolist would charge higher price because gasoline or fuel is inelastic in the short-run or has a less elastic demand at the time.
If Ben invests $3500 at 4% interest per year, how much additional money must he invest at 5 1 2 % annual interest to ensure that the interest he receives each year is 4 1 2 %
Answer:
Additional $1,750 must be invested by Ben.
Explanation:
Note: The question is not complete as some dots are omitted. The question is therefore given correctly before answering it as follows:
If Ben invests $3500 at 4% interest per year, how much additional money must he invest at 5 1/2 % annual interest to ensure that the interest he receives each year is 4 1/2 %.
The question is now answered as follows:
From the question, we have:
Initial amount invested = $3,500
Interest rate on initial amount invested = 4%, or 0.04
Interest amount from initial amount invested = Initial amount invested * Interest rate on initial amount invested = $3,500 * 4% = $140
Let y represents the additional amount to invest. Therefore, we have:
Interest rate of additional amount invested = 5 1/2% = 5.5% = 0.055
Interest amount from additional amount invested = y * Interest rate of additional amount invested = y * 0.055 = y0.055
Total interest amount = Interest amount from initial amount invested + Interest amount from additional amount invested = $140 + y0.055
New amount invested = Initial amount invested + y = $3,500 + y
Interest rate of new amount invested = 4 1/2% = 4.5% = 0.045
Interest amount from new amount invested = New amount invested * ($3,500 + y) * 0.045 = $157.50 + y0.045
Since total interest amount must equal interest amount from new amount invested, we equate the two and solve as follows:
Total interest amount = Interest amount from new amount invested
$140 + y0.055 = $157.50 + y0.045
We can now solve for y as follows:
y0.055 - y0.045 = $157.50 - $140
y0.01 = $17.50
y = 17.50 / 0.01
y = $1,750
Therefore, additional $1,750 must be invested by Ben.
Aggregate income in an economy in 2017 is $100 billion. Saving is $30 billion and imports are $35 billion. What is aggregate expenditure in the economy in 2017?
Answer: $100 billion
Explanation:
In Economics, Aggregate Income is assumed to be the same as Aggregate Expenditure. The assumption behind this is that every dollar spent is a dollar in income from someone else so every income is just a dollar that will be spent.
With that logic in a country that has Aggregate income of $100 billion, the Aggregate Expenditure will be $100 billion as well.
Preference decisions compare potential projects that meet screening decision criteria and will be ranked in their preference order to differentiate between alternatives with respect to all of the following characteristics except:________a. importanceb. desirabilityc. feasibilityd. political prominence
Answer:
D
Explanation:
Political prominence inst determined in any of the capital budgeting methods. Also, political prominence shouldn't be a deciding factor when making an investment. a project might be politically prominent but it is unprofitable or doesn't align to the goals of the company.
A company's net sales are $787,030, its costs of goods sold are $439,160, and its net income is $106,280. Its gross margin ratio equals:
Answer:
Gross margin ratio = 46.57%
Explanation:
Gross margin is also known as gross profit margin ratio, and it is a measure of profitability. It compares a company's gross margin to its revenue and shows how much profit is made after the cost of goods sold is paid for.
the formula for calculating gross margin is as follows:
[tex]Gross\ Margin =\ \frac{(Total\ Revenue)-(cost\ of\ goods\ sold) }{Total\ Revenue} \times 100[/tex]
where:
Total revenue = net sales = 787,030
cost of goods sold = $439,160
[tex]\leq Gross\ Margin =\ \frac{787,030-439,160 }{747,030} \times 100\\\\Gross\ Margin =\ \frac{347,870 }{747,030} \times 100\\Gross\ Margin =\ 46.57\%[/tex]
A customer wishes to place an order to short 50,000 shares of ABC stock. The average daily trading volume (ADTV) in ABC stock is 40,000 shares. The representative:________.
A. should place the order
b. cannot place the order because the order size exceeds the ADTV.
c. should inform the client that the firm may not be able to borrow the stock.
d. sholud inform the client that the order can only be executed on an up-bid.
Answer:
c. should inform the client that the firm may not be able to borrow the stock.
Explanation:
Since it is mentioned that there is a short of 50,000 shares of ABC stock and the average daily trading volume is 40,000 shares that represent the trading of the stock is less i.e short
According to the SHO regulation, when the stock is sold has short than the dealer should track the shares i.e to be borrowed also find out the shares i.e to be delivered by the settlement by considering the documents
Now in this case, the shares i.e be borrowed find to be tougher also the tracking is not possible
Therefore the customer would not able to short the stock
The bond has a 12% annual coupon rate, a $1,000 par value, it matures in 15 years and pays coupon quarterly. The current bond price is $900. What is the bond’s annual yield? A. 14.28% B. None of the answers is correct C. 13.60% D. 12.85%
Answer:
A. 14.28%
Explanation:
As per Approximation formula,
Quarterly yield = (A + B / C) * 100
A = Quarterly coupon = 12% of 1,000 / 4 =30
B = (Redemption - Price value / Number of coupon) = (1,000 - 900) / (15 * 4)
= 1.667
C= (Redemption value + Price / 2) = 1,000 + 900 / 2 = 1,900 /2 = 950
Quarterly yield = 30 + 1.66667 / 950 = 31.6667 / 950 = 0.03333
Quarterly yield = 3.33%
Using the calculator, we get exact Ytm quarterly = 3.3925%
Effective amount yield = {(1 + 0.033925)^4 - 1} * 100
Effective amount yield = 0.142762 * 100
Effective amount yield = 14.2762%
Effective amount yield = 14.28%
Assume that the tracking error of Portfolio X is 13.20 percent. What is the information ratio for Portfolio X
Answer:
The answer is below
Explanation:
To calculate the information ratio of portfolio X, we have to first calculate the Jensen's alpha of portfolio X. The Jensen's alpha is given as:
Jensen’s Alpha = Expected Portfolio Return – [ Risk-Free Rate + Beta of the Portfolio* (Expected Market Return – Risk-Free Rate) ]
From the picture attached, the values of the data are gotten, substituting:
[tex]\alpha_p=R_p-[R_f+B_p(R_m-R_f)]\\\\\alpha_p=13-[5+1.3(10.1-5)]=1.37=1.37\%[/tex]
Information ratio = Jensen's alpha / Tracking error = 1.37% / 13.2% = 0.1038
Based on predicted production of 17,000 units, a company anticipates $255,000 of fixed costs and $216,750 of variable costs. The flexible budget amounts of fixed and variable costs for 15,000 units are (Do not round intermediate calculations):
Answer:
fixed costs = $255,000
variable costs = (15,000 / 17,000) x $216,750 = $191,250
Explanation:
A flexible budget is prepared in order to compare how budgeted revenues and costs actually worked out. In other words, if actual revenues and costs were similar to the budget previously prepared. A flexible budget adjusts actual results and helps management control how efficient the company was in following their budget. That is why a flexible budget is done after the budgeted period is over.
Fixed costs should not change (that is why they are fixed), but variable costs should change if the actual output was different than the budgeted output.
Apply the integration-responsiveness framework to describe which global strategy Hollywood studios followed originally, and how their strategic positioning has changed over time. Explain how and why.
Answer is given below :
Explanation:
Global integration refers to the coordination of the organization’s value chain operations within countries, achieving efficiency, synergy and cross-fertilization between countries so that equality between countries is maximized. Between global integration and local accountability, the integration-accountability framework is called to help managers develop a deeper understanding of the business. We can say at the outset or at the outset that an export strategy that applies to Hollywood is used when a company focuses primarily on its domestic operations. It is not intended to expand globally, but to export certain products to take advantage of international opportunities. It does not seek to adapt its products to international markets. It is not interested in responding to specific situations in other countries or formulating a unified world strategy. Hollywood not only produced films and shows that catered to the needs of its native business aimed at American Western culture, but as the industry began to expand it began to adopt a multi-national strategy. Multi dimensional strategy follows products or processes for specific situations in each country. In the initial example, Lincoln should use a multi-year strategy to adapt its manufacturing methods to the conditions of each country where electric factories are built. Retailers often use multicultural strategies because they must cater to local customer tastes. Hollywood has started producing Indian films like Kung Fu Panda, Karate Kids, Oscar Winning Slumdog Millionaire.The global strategy that Hollywood studios followed at first was the international strategy.
It should be noted that the global strategy that Hollywood studios followed originally was the international strategy where identical movies were showed in foreign countries.
This has changed now as there are different movies that are filmed and in different versions. Also, it isn't in the control of the government to edit out any part.
Read related link on:
https://brainly.com/question/17104121
Suppose taxi fares from Logan Airport to downtown Boston is known to be normally distributed and a sample of seven taxi fares produces a mean fare of $22.31 and a 95% confidence interval of [$20.5051, $24.2091]. Which of the following statements is a valid explanation of the confidence interval.
A) 95% of all taxi fares are between $20.51 and $24.21.
B) We are 95% confident that a randomly selected taxi fare will be between $20.51 and $24.21.
C) The mean amount of a taxi fare is $22.31, 95% of the time.
D) We are 95% confident that the average taxi fare between Logan Airport and downtown Boston will fall between $20.51 and $24.21.
Answer: D) We are 95% confident that the average taxi fare between Logan Airport and downtown Boston will fall between $20.51 and $24.21.
Explanation:
The Confidence interval allows one to speculate between which values the average of a population will be. In a 95% confidence interval, this means that we are 95% certain that the average value of a variable will be between the higher and lower limits set by the interval.
The 95% confidence interval here has an upper limit of $24.2091 and a lower limit of $20.5051 for taxi fares from Logan Airport to downtown Boston. This means that with a 95% certainty, the taxi charge from Logan Airport to downtown Boston will be between these 2 charges so you can expect to pay an amount between them.
The Baldwin company wants to decrease its plant utilization for Brat by 15%. How many units would need to be produced next year to meet this production goal
Answer:
1,266 units
Explanation:
A lot of information is missing, but I found a similar question:
current production level = 1,500 unitscurrent plant utilization rate = 96%total plant capacity = 1,500 / 96% = 1,562.5 units
if plant utilization will decrease by 15% ⇒ 96% - 15% = 81%
plant production to meet required production goal = 1,562.5 x 81% = 1,265.625 = 1,266 units
Income Statement Debit and Credit columns of an end-of-period spreadsheet are $27,000 and $29,000, respectively, after all account balances have been extended, the amount of the net loss is $2,000.
a. True
b. False
Answer: False
Explanation:
Revenues are an equity entry and as such are credited when they increase therefore the credit side of an income statement contains revenue. Expenses on the other hand are debited to remove them from revenue.
A credit of $29,000 and a debit of $27,000 means that there was a net income of $2,000 not a net loss. If the debits are less than the credits then that means that there are less expenses than revenue which would bring about a profit.
In a short-run model of a large open economy with a floating exchange rate, net capital outflow ______ as the domestic interest rate increases and is just equal to the ______ in net exports. Group of answer choices increases; decrease decreases; increase increases; increase decreases; decrease
Answer:
1. decreases
2. decrease
Explanation:
When Domestic interest rate increases, as a result of floating exchange rate, the net capital outflow decreases which in turn leads to most goods to be used internally, instead of exporting it abroad, there by reducing the level of exports.
Hence, All things being equal, it is assumed or believed that, In a short-run model of a large open economy with a floating exchange rate, net capital outflow DECREASES as the domestic interest rate increases and is just equal to the DECREASE in net exports.
Rocket Shoe Company is planning a one-month campaign for August to promote sales of one of its two shoe products. A total of $113,000 has been budgeted for advertising, contests, redeemable coupons, and other promotional activities. The following data have been assembled for their possible usefulness in deciding which of the products to select for the campaign. Cross-Trainer Shoe Running ShoeUnit selling price $41 $45 Unit production costs: Direct materials $(8) $(10) Direct labor (3) (3) Variable factory overhead (2) (3) Fixed factory overhead (3) (4) Total unit production costs $(16) $(20) Unit variable selling expenses (13) (12) Unit fixed selling expenses (8) (4) Total unit costs $(37) $(36) Operating income per unit $4 $9No increase in facilities would be necessary to produce and sell the increased output. It is anticipated that 24,000 additional units of cross-trainer shoes or 20,000 additional units of running shoes could be sold without changing the unit selling price of either product.Required:Prepare a differential analysis report presenting the additional revenue and additional costs anticipated from the promotion of cross-trainer shoes and running shoes.
Answer:
Contribution Margin from proposal
Cross Trainer Shoes $360,000
Running Shoe $340,000
Explanation:
Preparation of differential analysis for Rocket Shoe Company
DIFFERENTIAL ANALYSIS
Cross Trainer Shoes Running Shoe
Differential Revenue 984,000 900,000
Differential costs:
Direct Material (192,000) (200,000)
Direct labor (72,000) (60,000)
Variable factory overhead (48,000) (60,000)
Variable selling expense (312,000) (240,000)
Differential cost (624,000) (560,000)
Contribution Margin from proposal 360,000 340,000
Differential Revenue
Cross Trainer Shoes(41*24,000)=$984,000
Running Shoe(45*20,000) =$900,000
Differential costs:
Direct Material
Cross Trainer Shoes (8*24,000)=192,000
Running Shoe(10*20,000)=200,000
Direct labor
Cross Trainer Shoes (3*24,000)=72,000
Running Shoe(3*20,000)=60,000
Variable factory overhead
Cross Trainer Shoes (2*24,000)=48,000
Running Shoe(3*20,000)=60,000
Variable selling expense
Cross Trainer Shoes (13*24,000)=312,000
Running Shoe(12*20,000)=240,000
Differential cost is the addition of direct materials +direct labor + Variable factory overhead+Variable selling expense
Contribution Margin from proposal
Cross Trainer Shoes 984,000-624,000=360,000
Running Shoe 900,000-560,000=340,000
Since Cross trainer shoes had $360,000 this means that cross trainer shoes would contribute more than Running shoe which had $340,000 because Cross trainer shoes contribution margin is higher.
