Jessie and Paul have worked in the same office at DEF Insurance LLC for 6 years. Jessie has always taken extra care to follow the office norms and ensure that everyone has a happy and harmonious working experience. Paul has been very driven during his years at DEF Insurance, and though he started as an insurance agent, he has since been promoted to the agency manager and proudly displays all of his awards on the wall of his new office. According to Learned Needs Theory, Jessie most likely has a high: Group of answer choices

Answers

Answer 1

Answer:

Need for affiliation

Explanation:

from the learned needs theory, Jessie most likely has a high need for affiliation.

This describes her need to feel a sense of involvement and belonging within her work environment.

By following office norms and trying to ensure everyone is happy, she is expressing her need for open and good relationships at work. People like Jessie are usually friendly, outgoing and cooperative


Related Questions

Firm J has net income of $77,605, sales of $935,000, and average total assets of $467,500. Required: Calculate Firm J’s margin, turnover, and return on investment (ROI).

Answers

Answer:

Firm J's margin= 8.3%

Firm J's turnover= 2

Firm J's ROI= 16.6%

Explanation:

Form J has a net income of $77,605

The sales is $935,000

The average total assets is $467,500

Firm J's margin can be calculated as follows

Margin= Net income/sales

= $77,605/$935,000

= 0.083×100

= 8.3%

Firm J's turnover can be calculated as follows

Turnover= Sales/Average Total assets

= $935,000/$467,500

= 2

Firm J's return on investment can be calculated as follows

ROI= Net income/Average Total assets

= $77,605/$467,500

= 0.166×100

= 16.6%

Hence Firm J's margin, turnover and return on investment is 8.3%, 2 and 16.6% respectively.

Emily Corporation purchased all of Ace Company's common stock on January 1, 2020, for $1,000,000 cash. The investee's stockholders' equity amounted to $400,000. The excess of $600,000 was due to an unrecorded patent with a six-year life. In 2020, Ace reported net income of $250,000 and paid dividends of $25,000.

For 2020, what amount of Equity Income will Emily record? How to get the answer of 1,125,000

Answers

Answer:

$ 1,125,000

Explanation:

Calculation for the amount of Equity Income that Emily will record

First step is to find the Net equity income using this formula

Net equity income= Net income +Dividends

Let plug in the formula

Net equity income=$250,000+$25,000

Net equity income=$225,000

Second step is to find the balance of investment using this formula

Balance of investment= (Common stock + Net equity income )- Amortization of unrecorded patent

Let plug in the formula

Balance of investment =($1,000,000+$225,000 )-($600,000/6)

Balance of investment=$1,225,000-$100,000

Balance of investment = $ 1,125,000

Therefore the amount of Equity Income that Emily will record will be $ 1,125,000

How is one product determined to specialize in between the two

Answers

Answer:

Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency. Many countries, for example, specialize in producing the goods and services that are native to their part of the world, and they trade them for other goods and services.

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The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.03 Standard yards per unit: standard, 4.68 yards; actual, 4.96 yards Units of production: 9,400 Calculate the direct materials price variance. a.$4,399.20 favorable b.$940.00 unfavorable c.$4,662.40 favorable d.$4,662.40 unfavorable

Answers

Answer:

d.$4,662.40 unfavorable

Explanation:

Calculation for direct materials price variance

The first step is to find the Actual quantity variance using the formula

Actual quantity variance =Actual units produced* Actual yard used

Let plug in the formula

Actual quantity variance=9,400*4.96 yards

Actual quantity variance=$46,624

Second step is to calculate for the Direct material price variance using this formula

Direct material price variance= ( Standard price -Actual price)* Actual quantity used

Let plug in the formula

Direct material price variance=($1.93-$2.03)*$46,624

Direct material price variance=(-0.1*46,624)

Direct material price variance=-$4,662.40 Unfavorable

Therefore the Direct material price variance will be $4,662.40 Unfavorable

Each year, public schools are rewarded with bigger budgets for achieving a rating of "excellent" or "recommended" and are punished for rating "needs improvement." These ratings are based on meeting thresholds on a broad set of measures such as attendance rates, graduation rates, standardized test scores, SAT scores, and so on. True or False: This funding structure incentivizes schools to seek out and serve lower-performing students. True False

Answers

Answer:

Each year, public schools are rewarded with bigger budgets for achieving a rating of "excellent" or "recommended" and are punished for rating "needs improvement." These ratings are based on meeting thresholds on a broad set of measures such as attendance rates, graduation rates, standardized test scores, SAT scores, and so on. True or False

This funding structure incentivizes schools to seek out and serve lower-performing students. True False

Explanation:

The funding structure is meant to encourage public schools for improved performance in all the performance measures.  These performance measures are the means to judge whether proper application is being achieved with the funds provided by the government to such schools.  They also encourage healthy competition among public schools when followed judiciously.  Since they have some internal and external benchmarks, the performance measures are like a balanced scorecard for performance evaluation.

A company purchased 400 units at $75 per unit. The company sold 385 units. what is the cost of goods sold and ending inventory

Answers

Answer:

Cost of goods sold $28,875

Ending inventory $1,125

Explanation:

Calculation for cost of goods sold and ending inventory

Cost of goods sold is calculated using this formula

Cost of goods sold=Sales units *Purchased per units

Let plug in the formula

Cost of goods sold=385 units *$75 per unit

Cost of goods sold=$28,875

Calculation for the ending inventory using this formula

Ending inventory=(Purchased units * purchased per unit) -Cost of goods sold

Let plug in the formula

Ending inventory=(400 units× 75 per unit) -$28,875

Ending inventory=$30,000-$28,875

Ending inventory=$1,125

Therefore the Cost of goods sold will be $28,875 while the Ending inventory will be $1,125

Omega's policy is to have 30% of the following month's sales in inventory. On January 1, inventory equaled 8,000 units. February production in units is:

Answers

Answer: d. 36,000

Explanation:

February Production Units = Sales + Closing Inventory - Opening inventory

Closing Inventory

= 30% of following month's sales

= 30% * March sales

= 30% * 50,000

= 15,000

Opening Inventory February = Closing inventory for January

= 30% * February sales

= 30% * 30,000

= 9,000

February Production Units = Sales + Closing Inventory - Opening inventory

= 30,000 + 15,000  - 9,000

= 36,000

Zhao Co. has fixed costs of $286,200. Its single product sells for $163 per unit, and variable costs are $110 per unit. Compute the level of sales in units needed to produce a target (pretax) income of $106,000.

Answers

Answer:

Break-even point in units= 7,400 units

Explanation:

Giving the following information:

Fixed costs= $286,200

Selling price= $163 per unit

Unitary variable costs= $110

Desired profit=  $106,000

To calculate the number of units to be sold, we need to use the break-even point formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (286,200 + 106,000) / (163 - 110)

Break-even point in units= 7,400 units

Pam Erickson Construction Company changed from the completed-contract to the percentage-of-completion method of accounting for long-term construction contracts during 2015. For tax purposes, the company employs the completed-contract method and will continue this approach in the future. (Hint: Adjust all tax consequences through the Deferred Tax Liability account.) The appropriate information related to this change is as follows.

Pretax Income from:

Percentage-of-Completion Completed-Contract Difference

2014 $752,200 $586,700 $165,500
2015 683,500 444,700 238,800

(a) Assuming that the tax rate is 30%, what is the amount of net income that would be reported in 2015?

Net income $
(b) What entry(ies) are necessary to adjust the accounting records for the change in accounting principle?

Answers

Answer:

a. $478,450

b.Dr Construction in Process $165,500

Cr  Deferred tax liability  $49,650

Cr   Retained earnings  $115,850

Explanation:

A. Calculation for the amount of net income that would be reported in 2015 for Pam Erickson Construction Company

Using this formula

Net income =(Income before income tax ) Income before income tax-Tax rate

Let plug in the formula

Net income= $683,500 - (683,500 × 30%)

Net income= $683,500 - $205,050

Net income= $478,450

B. Preparation of the Journal entry(ies) that are necessary to adjust the accounting records

For Pam Erickson Construction Company

Dr Construction in Process $165,500

Cr  Deferred tax liability  $49,650

($165,500 × 30%)

Cr   Retained earnings  $115,850

($165,500 × (100%-30%)

To judge whether a particular diversification move has good potential for building added shareholder value, the move should pass the following tests:___________.
A) the attractiveness test, the barrier-to-entry test, and the growth test.
B) the strategic fit test, the resource fit test, and the profitability test.
C) the barrier-to-entry test, the growth test, and the shareholder value test.
D) the attractiveness test, the cost-of-entry test, and the better-off test.
E) the resource fit test, the strategic fit test, the profitability test, and the shareholder value test.

Answers

Answer:

D) the attractiveness test, the cost-of-entry test, and the better-off test.

Explanation:

To judge a diversification change, an organization needs to pass the attractiveness tests, the entry cost test and the best situation test.

These tests will be decisive to analyze the potential that diversification will have to create added value for the shareholder.

The attractiveness test will list the ability that the market has to ensure that there is a safe return on investments.

The cost-of-entry will aim to ensure that when entering a new sector, the organization does not have higher costs that can influence the generation of profitability.

Finally, the better-off test will analyze whether the planned diversification will be so profitable that it will help to improve the performance of the integration of organizational businesses.

Answer:

OPTION d

Explanation:

Stock Investment Transactions On September 12, 2,000 shares of Aspen Company were acquired at a price of $50 per share plus a $200 brokerage commission. On October 15, a $0.50-per-share dividend was received on the Aspen stock. On November 10, 1,200 shares of the Aspen stock were sold for $42 per share less a $150 brokerage commission. In your computations, round per share amounts to two decimal places. When required, round final answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Journalize the entries to record the original purchase, the dividend, and the sale under the cost method.

Answers

Answer: Please see answer in explanation column

Explanation:

1. Journal to record original purchase.

Date               Account                             Debit                  Credit

Sept 12     Investment- Aspen stock    $100,200.

                     Cash                                                              $100,200.

Calculation

Cash = 2,000 shares  x $50 per share =  100,000 + brokerage commission of $200

= $100,200.

2.Journal to record dividend received

Date               Account                             Debit                  Credit

Oct 15   Cash                                         $1000.

                  Dividend revenue                                             $1000

Calculation

dividend received = $2000 x  $0.50-per-share dividend =$1000

3..Journal to record sale of investment  

Date               Account                             Debit                  Credit

Nov 10   Cash                                        $50,250

             Loss from sale                           $9,870

Investment - Aspen stock                                                   $60,120

Calculation

Purchase price of 1 Share in Aspen stock = 100,200/2000 = 50.10 per share

Investment = share sold x purchase amount of 1 share in Aspen stock  

                   1,200 x 50.10= $60,120

Cash = 1,200 shares  x $42 per share =  100,000 - brokerage commission of $150

= $50,250

The federal government has the legal authority to prevent a company from adding products through acquisitions if the acquisition threatens to lessen competition.
A. True
B. False

Answers

Answer:

True

Explanation:

One way of determining if acquisitions would lessen competition is through the calculation of the HHI. if the HHI of the industry is more than 1500 before the acquisition and the HHI changes by more than 50 after the acquisition, the government would challenge the merger

"DEF Corporation, after many profitable years, declares a one-time special cash dividend of $5.00 per share. After the announcement, the stock is trading at $50 per share. Your customer holds 1 DEF Jan 55 Call. As of the ex date, the customer will have:"

Answers

Answer: B. 1 DEF Jan 50 Call

Explanation:

The Options Clearing Corporation (OCC) acting under its mandate of being an issuer and guarantor for options and futures contracts can alter options prices but does not do so for prices based on normal dividends as they are more regular and their effects are already accounted for in the price of the call.

When a company calls a one-time special cash dividend, this is new to the market which would not have incorporated it into the price of the call. The OCC will then adjust the price to account for this.

In this case it will do so by subtracting the dividend from the call;

= 55 - 5

= $50

The customer will then have 1 DEF Jan 50 Call .

Professional Products Inc., a wholesaler of office products, was organized on February 5 of the current year, with an authorization of 75,000 shares of preferred 1% stock, $70 par and 450,000 shares of $15 par common stock. The following selected transactions were completed during the first year of operations:

Journalize the transactions.

Feb. 5. Issued 95,000 shares of common stock at par for cash.
Feb. 5. Issued 400 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.
Apr. 9. Issued 15,500 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $42,000, $231,000, and $52,500, respectively
June 14. Issued 23,000 shares of preferred stock at $80 for cash.

Answers

Answer and Explanation:

The journal entries are shown below:

On Feb-05

Cash Dr (95,000 shares × $15)  $1,425,000

       To Common Stock         $1,425,000

(Being the issuance of the common stock is recorded)

On Feb-05

Legal Fees  (400 shares × $15) $6,000

      To Common Stock $6,000

(Being the Issuance of the common share for legal Fees is recorded)  

On Apr-09

Land $42,000

Building $231,000

Equipment $52,500

            To Common Stock  (15,500 shares × $15) $232,500

            To Paid in capital excess of par value $93,000

(being the issued of the common stock in exchange of assets is recorded)

On Jun-14

Cash  (23,800 shares × $80) $1,904,000

          To preferred Stock (23,800 shares × $70) $1,666,000

          To Paid in capital excess of par value $238,000

(Being the issuance of the preferred stock is recorded)

,

It is not possible to create a per unit MCS if you are given total revenue and selling price. True False

Answers

Answer:

True

Explanation:

A per unit MCS cannot  be created if you are given total revenue and selling price because per unit MCS is created by dividing  the given total revenue  by the total units of products ( for revenue per unit of product )

And also dividing the total cost by the total units of products ( for cost per unit of product ) hence the absence of the number of products will make it impossible to create a per unit MCS.

The whole cost of sales of welfare's and commodities is called total revenue while the trading price is the price the purchaser spends on acquiring the goods and commodities.

Yes, the given statement is true.

To generate per unit MCS total income and sale price cannot serve as determinants.

MCS is estimated by dividing the total income by the generation of total assemblies.

Also, MCS is determined by dividing total cost by the total assemblies of products so that the cost per unit can be determined.

Therefore without the quantity of production MCS cannot be determined.

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Suppose that hypothetically there are only two countries in the world: Japan and South Korea Now suppose that at the end of year 2, Japan has positive net exports of $20 billion against South Korea. In addition, Japan has earned $1 billion in interest from its South Korean assets over the course of year 2. Question: What are the respective balances for the current account, and the financial and capital account for Japan at the end of year 2

Answers

Answer:

i) $21 billion

ii) $0

iii) $0

Explanation:

GIVEN DATA : ( two countries )

At the end of year 2

net exports = $20 billion for Japan

Interest earned from assets = $1 billion  for Japan

i) The balances for the current account for Japan

export value + interest earned from assets

= $20 billion + $1 billion = $21 billion

ii) Financial account for Japan

Financial account for Japan will be zero because there is no increase or decrease in number of  its assets within the given period

iii) capital account for Japan

Capital account of Japan will will have a zero balance. this is because Capital account is used to record  foreign investments, local  investment and the reserve account as well. and there was no investment captured within the given time that was made by Japan

The credit terms 2/10, n/30 are interpreted as: Multiple Choice 2% cash discount if the amount is paid within 10 days, or the balance due in 30 days. 30% discount if paid within 2 days. 2% discount if paid within 30 days. 30% discount if paid within 10 days. 10% cash discount if the amount is paid within 2 days, or the balance due in 30 days.

Answers

Answer:

The credit terms 2/10, n/30 are interpreted as:

2% cash discount if the amount is paid within 10 days, or the balance due in 30 days.

Explanation:

I will explain using an example:

On January 2, the company sells $1,000 worth of goods with credit terms 2/10, n/30.

January 2

Dr Accounts receivable 1,000

    Cr Sales revenue

If the client pays within the discount period:

January 11

Dr Cash 980

Dr Sales discounts 20

    Cr Accounts receivable 1,000

If the client pays after the discount period but before 30 days:

January 31

Dr Cash 1,000

    Cr Accounts receivable 1,000

The credit terms 2/10, and n/30 are interpreted as a 2% cash discount if the amount is paid within 10 days, or the balance is due in 30 days. Thus, option A is the correct option.

Trade credits like 2/10 net 30 are frequently provided by suppliers to purchasers. It stands for an agreement that if payment is made within 10 days, the buyer would get a 2% reduction on the net invoice amount. Otherwise, you have 30 days to pay the entire invoice amount.

It's a common way to express an early payment discount. In accounting, the discount amount and the window of availability are typically represented using a formula like 2/10, n/30. This implies that if the invoice is paid in full within ten days, a 2% reduction is applied; otherwise, the full amount is owed.

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"A customer has an existing margin account and wants to write five covered calls against 500 shares of stock in the account. The margin requirement to write the calls is:"

Answers

Answer: 0

Explanation: The sale of the stock call, would be covered by the ownership of the stock ( someone who owns the said stock). The required margin needed to sell the stock would be ‘0’ since there is no evidence that points to any available risks on the short calls. as short calls helps to predict of prices would drop or not.

Rollins Corporation is estimating its WACC. Its target capital structure is 20% debt, 20% preferred stock, and 60% common equity. Its bonds have a 7.5% coupon, paid semi-annually, a current maturity of 20 years, and sell for $1,105.78. The firm could sell, at par, $100 preferred stock which pays a 8% annual dividend, but flotation costs of 5 percent would be incurred. Rollins' beta is 1.8, the risk-free rate is 2.45%, and the market risk premium is 5%. The firm's marginal tax rate is 40 percent.
A. What is the companyâs cost of preferred equity?
B. What is the companyâs cost of common equity?
C. What is the companyâs WACC?

Answers

Answer:

A. What is the company's cost of preferred equity?

8.42%

B. What is the company's cost of common equity?

11.45%

C. What is the company's WACC?

9.31%

Explanation:

20% debt ⇒ after tax cost of debt 3.76%

20% preferred stock ⇒ 8.42%

60% common equity ⇒ 11.45%

in order to determine the after tax cost of debt we must first determine the yield to maturity of debt:

approximate YTM = {37.5 +[(1,000 - 1,150.78)/40]} / [(1,000 + 1,150.78)/2] = 33.7305 / 1,075.39 = 3.3166% x 2 = 6.2732%

after tax cost of debt = 6.2732% x 0.6 = 3.76%

cost of preferred stocks = 8 / (100 x 0.95) = 8 / 95 = 8.42%

cost of equity (Re) = 2.45% + (1.8 x 5%) = 2.45% + 9% = 11.45%

WACC = (60% x 11.45%) + (20% x 8.42%) + (20% x 3.76%) = 6.87% + 1.684% + 0.752% = 9.306% = 9.31%



Product differentiation and advertising are profitable ventures only when:
the market is monopolistic
both revenues and costs increase
they do not affect entry barriers
the gain in total revenue outweighs the extra cost
the market is oligopolistic

Answers

Answer:

Product differentiation and advertising are profitable ventures only when:

the gain in total revenue outweighs the extra cost

Explanation:

When Company XYZ differentiates its product from competitors' through trademarks and other differentiating factors and embarks on advertising, it must watch out for cost overrun.  The undertaking for the product differentiation and advertising should be able to generate more revenue than the costs.  This will make Company XYZ determine that its differentiation and advertising make economic meaning by producing positive NPV.

Product differentiation as well as advertising can be considered as profitable ventures in a case whereby D: the gain in total revenue outweighs the extra cost.

Product differentiation can be regarded as activity that us been carried out by producer so that his product/service stand out to target audience. Advitisement on the other hand helps in promoting the goods/services .

However, they a profitable ventures when the extra cost in production is less than the gain.

Therefore, option D is correct.

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On January 1, 2021, Legion Company sold $270,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $169,056, priced to yield 10%. Legion records interest at the effective rate. Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of: (Round your answer to the nearest dollar amount.)

Answers

Answer:

Interest expense = $8453

Explanation:

We can calculate Bond interest expense by multiplying Carrying value of the bond with the effective interest rate and the period of time,

DATA

Carrying value of bond = $169,056

Effective interest rate = 10%

Period of time = 6 months

Interest expense =?

Calculation

Interest expense = Carrying value x Effective interest rate x Time period

Interest expense = $169,056 x 10% x [tex]\frac{6months}{12months}[/tex]

Interest expense = $8453

On January 1, 2020, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2020.
Sales units: First quarter 5,200; second quarter 6,700; third quarter 7,000.
Ending raw materials inventory: 40% of the next quarter’s production requirements.
Ending finished goods inventory: 25% of the next quarter’s expected sales units.
Third-quarter production: 7,380 units.
The ending raw materials and finished goods inventories at December 31, 2019, follow the same percentage relationships to production and sales that occur in 2020. 3 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $5 per pound.
a) Prepare a production budget by quarters for the 6-month period ended June 30, 2020.
b) Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2020.

Answers

Answer:

Hardin Company

Production budget

For the first semester of 2020

                                   First quarter        Second quarter        Total

Sales units                  5,200                  6,700                         11,900

Planned ending          1,675                   1,750                          1,750

inventory                                                                                                

Total production         6,875                  8,450                         13,650

required

- beginning inv.           -1,300                 -1,675                          -1,300  

Units to be                   5,575                 6,775                           12,350

produced

Hardin Company

Raw materials budget

For the first semester of 2020

                                   First quarter        Second quarter        Total

Units to be                   5,575                 6,775                           12,350

produced

Materials required          3                         3                                   3

per unit                                                                                                    

Materials needed        16,725               20,325                        37,050

for production

Planned ending           8,130                 8,856                           8,856

inventory                                                                                                

Total materials             24,855              29,181                          45,906

needed

- beginning inv.           -6,690                -8,130                          -6,690  

Materials to be             18,165                21,051                         39,216

purchased

Cost per unit                    $5                      $5                                $5    

Total cost of                $90,825           $105,255                    $196,080

direct materials

The right of a defaulted taxpayer to recover his or her property before its sale for unpaid taxes is the: Group of answer choices statutory right of r

Answers

Answer:

equitable right of redemption

Explanation:

the right of redemption gives those people who can be referred to as defaulted taxpayers the right to recover their properties before it is sold off due to unpaid taxes.

This person is able to take back the property following a legal process which can be called Foreclosure. The individual will have to pay the balance of what is owed and also pay for all those costs that occured during the process of disclosure. This right has a time frame for it to be exercised(redemption period).

Job applicants generally face two kinds of interviews: screening interviews and hiring interviews. You will be better prepared if you know what to expect". An interview:_________If you want to ensure that you pass a screening interview, ______What can you expect in a one-on-one interview? a. You will be asked specific questions if the person is from human resources b. You will be asked general questions if the person is from human resources c. You will be asked specific questions that are job related if the person is the hiring manager d. You will be asked general questions if the person is the hiring manager e. You will sit down with the company representative and talk about the job.

Answers

Answer:

Correct Answer:

c. You will be asked specific questions that are job related if the person is the hiring manager

Explanation:

In job interview, when the job applicant reaches the stage of screening interview, it was expected that he or she should give their best in-order to get the job.

During the one-on-one interview, the applicant would be asked specific questions that are related to job such as his previous work experience, his expected contributions to the job when hired etc. This would help the hiring manager to decide if the applicant is the best candidate fit for the job.

The Cutting Department at Blanc Company had beginning work in process inventory of 4,000 units, transferred out 9,000 units, and had 2,000 units in ending work in process inventory. The number of units started into production by the Cutting Department during the month is

Answers

Answer:

The number of units started into production is 7,000.

Explanation:

Number of units started into production = Units transferred out + units of ending work in process - units of beginning work in process

                                                                   = 9,000 + 2,000 - 4,000

                                                                   = 7,000

The Herfindahl-Hirschman Index (HHI) is a mathematical approach to understanding market concentration that provides a single concentration indicator. What is the HHI for an industry characterized by the below noted data?

a. Firm 1 has a market share of 40%
b. Firm 2 has a market share of 20%
c. Firm 3 has a market share of 15%
d. Firm 4 has a market share of 15%
e. Firm 5 has a market share of 10%

HHI=___

Answers

Answer: 2,550

Explanation;

The Herfindahl-Hirschman Index (HHI) is used to measure market saturation to see the concentration of a market. It ranges from around 0 to 10,000 and is calculated by squaring the market share of every firm in the market and then adding the squares up.

= 40² + 20² + 15² + 15² + 10²

= 1600 + 400 + 225 + 225 + 100

= 2,550

Due to numerous lawsuits, major chemical manufacturer has recently experienced a market reevaluation. The firm has 15-year, 8% coupon bond, paid semiannually and par value of $1,000. The required nominal rate (yield) on this debt has now risen to 10%. What is the current price of this bond?

Answers

Answer:

Bond Price = 846.2754897 rounded off to $846.28

Explanation:

To calculate the price of the bond, we need to first calculate the coupon payment per period. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = 0.08 * 1/2 * 1000 = $40

Total periods (n)= 15 * 2 = 30

r or YTM = 10% * 1/2 = 5% or 0.05

The formula to calculate the price of the bonds today is attached.

Bond Price = 40 * [( 1 - (1+0.05)^-30) / 0.05]  +  1000 / (1+0.05)^30

Bond Price = 846.2754897 rounded off to $846.28

Holiday Laboratories purchased a high-speed industrial centrifuge at a cost of $460,000. Shipping costs totaled $11,000. Foundation work to house the centrifuge cost $7,300. An additional water line had to be run to the equipment at a cost of $3,900. Labor and testing costs totaled $5,400. Materials used up in testing cost $3,200. The capitalized cost is:

Answers

Answer:

$490,800

Explanation:

In order to arrive at the capitalized cost, we will sum up all the cost in the above question because those costs were incurred by the company - Holiday Laboratories to getting the assets prepared for use.

Therefore, Capitalized cost

= High speed industrial centrifuge + Shipping cost + Foundation work + Additional equipment cost + Labor and testing cost + Material cost

= $460,000 + $11,000 + $7,300 + $3,900 + $5,400 + $3,200

= $490,800

Refer to the following scenario to answer the following questions.
Five fishermen live in a village and have no other employment or income-earning possibilities besides fishing. They each own a boat that is suitable for fishing but does not have any resale value. Fish are worth $5 per pound, and the marginal cost of operating the boat is $500 per month. They all fish a river next to the village. According to the following schedule, they have determined that when there are more of them out on the river fishing, they each catch fewer fish per month.
Boats Fish Caught per
Boat (pounds)
1 200
2 190
3 175
4 155
5 130
How many fishermen will choose to operate their boats?

Answers

Answer:

5 fishermen will choose to operate their boats as each of them will earn a profit of $150

Explanation:

Per boat operating cost = $500 per month.

Price of fish = $5 per pound.

There are 5 fishermen and each fishermen has 1 boat.

For 1 boat

Total revenue = Price * quantity = $5 * 200 = $1,000

Cost = $500

Profit = Total revenue - Cost = 1000 - 500

Profit = $500.

For 2 boats

Total Revenue of each boat = $5 * 190 = $950

Cost of each boat = $500

Profit of each boat = Total revenue - Cost = 950 - 500

Profit of each boat = $450.

For 3 boats

Total Revenue of each boat = 5 * 175 = $875

Cost of each boat = $500

Profit of each boat = TR - Cost = 875 - 500

Profit of each boat = $375

For 4 boats

Total Revenue of each boat = 5 * 155 = $775

Cost of each boat = $500

Profit of each boat = TR - Cost = 775 - 500

Profit of each boat = $275

For 5 boats

Total Revenue of each boat = 5 * 130 = $650

Cost of each boat = $500

Profit of each boat = TR - Cost = 650 - 500

Profit of each boat = $150.

Conclusion: As there are 5 fishermen and if all of them out on the river at the same time then each fisherman earns profit of $150. As all fishermen earns profit hence all of them will choose to operate their boats. Therefore, 5 fishermen will be ready to operate their boats.

Farmers and ranchers are considered to be part of the ________ which is the subdivision of the food industry that produces agricultural commodities.

Answers

Answer: producers sector

Explanation:

Farmers, rancher, and so on are part of the producers sector of the food industry where they engage in the production of raw food, fiber, and other agricultural products or commodities. In the case of farmers, they work the land and/or keep livestock, especially on the farm. Ranchers operate large plots of land for raising cattle, sheep or other livestock.

other major sectors of the food industry would include: -Farm Service , Processors , and Marketers.

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