An analyst gathered the following information about a company: 01/01/04 - 50,000 shares issued and outstanding at the beginning of the year 04/01/04 - 5% stock dividend 10/01/04 - 10% stock dividend What is the company's weighted average number of shares outstanding at the end of 2004
Answer:
Company A
The company's weighted average number of shares outstanding at the end of 2004 is:
= 53,188 shares.
Explanation:
a) Data and Calculations:
Date Description Weight Weighted Average
01/01/04 - 50,000 shares issued
and outstanding 12/12 = 50,000
04/01/04 - 5% stock dividend (2,500) 9/12 = 1,875
10/01/04 - 10% stock dividend (5,250) 3/12 = 1,313
Total weighted average number of shares = 53,188
Q2. Why can the distinction between fixed costs and variable costs be made in the short run? Classify the following as fixed or variable costs: advertising expenditures, fuel, interest on company-issued bonds, shipping charges, payments for raw materials, real estate taxes, executive salaries, insurance premiums, wage payments, sales taxes, and rental payments on leas
Answer:
Variable costs vary with the volume of production and can be changed in the short run.
Fixed costs do not vary with the volume of production and cannot be changed in the short run. Only in the long run can they be changed.
Variable costs:
Advertising expendituresFuelShipping chargesPayments for raw materialsWage paymentsSales taxesFixed costs:
Interest on company issued bonds Real estate taxesExecutive salaries Insurance premiums Rental payments on leased office machinery.A borrower obtains a one-year ARM which starts at 4.0% and has a margin of 3.0% and 2/6 caps. At the end of the first year, the index is 5.0%. What is the interest rate after the first adjustment
Answer:
The answer is "6".
Explanation:
In the given question the response is 6 because the new rate is the lower of the index + margin (in that case 5 + 3 = 8) whenever the interest rate changes as well as the current rate + cap (in that instance the value 4 + 2 = 6). Its rate of interest would also be 6 percent after the very first adjustment.
Green Goddess Developers is a large nationwide landscape company with home offices in Libertyville, IL. The local media often gushes over the gorgeous landscaping that surrounds the 30-acre headquarters. At the back end of the complex are several large warehouses and garages that hold large equipment. The grounds surrounding the warehouses look like a park. Across the street from the garages are several shops and businesses. The CEO, Patty, often talks about how thankful she is that the town permits her to store equipment at that site, and vows to always maintain the premises for her neighbors, not to mention that she asks 100 employees to come to work there every day. Which of the following statements describes Patty's business philosophy?
A. Patty is a nice woman whose company made a lot of money, so she is willing to spread it around.
B. Patty understands that even though it may cost a little more, stakeholder considerations are very important if you want your business to thrive.
C. Patty is more concerned about town politics than about the company profits. She should ask his employees if they would rather have that money in their pockets than on the lawns.
D. Patty is taking a business risk that her trucks and equipment will not make too much noise as they enter and exit the garages.
In a portfolio problem, X1, X2, and X3 represent the number of shares purchased of stocks 1, 2, and 3, which have selling prices of $15, $47.25, and $110, respectively. The investor has up to $50,000 to invest. The stockbroker suggests limiting the investments so that no more than $10,000 is invested in stock 2 or the total number of shares of stocks 2 and 3 does not exceed 350, whichever is more restrictive. How would this be formulated as a linear programming constraint
Answer:
The correct solution is "[tex]x_1 \leq 0.35 (x_1 + x_2 + x_3)[/tex]".
Explanation:
According to the question,
Let,
For stock 1,
The number of shares to be purchased will be "[tex]x_1[/tex]".
For stock 2,
The number of shares to be purchased will be "[tex]x_2[/tex]".
For stock 3,
The number of shares to be purchased will be "[tex]x_3[/tex]".
then,
The cumulative number of shares throughout stock 1 would be well over or equivalent towards the approximate amount of all the shares or stocks for the set limit.
i.e., [tex]x_1+x_2+x_3[/tex]
Thus the correct equation is "[tex]x_1 \leq 0.35(x_1+x_2+x_3)[/tex]".
Necesito un susario de la uanl de aspirante con admisión rechazada
Answer:
ta bueno pue
Explanation:
impact of population growth on environmental degradation
Answer:
Explanation:
Population growth may be described in simple terms as the rate at which the number of people residing in a particular country is increasing or multiplying. Some states or countries have a higher population figure than the other and also higher rate of growth. As population increases, the resources available to people in that community suffers as the burden will also grow. The environment also will also take its own share of the effects as overcrowding seems to creep in together with increased burden on environmental resources and infrastructure. If proactive measures aren't taken in other to boost resources and infrastructure as indaquate handling of population growth will almost always result in environmental and infrastructure degradation or decline.
HELPPPPPPPPP During a busy morning, you decide to buy a 35$ Starbucks coffee (Hey, I do not judge) instead of making one on your own at home. Which of the following represents the opportunity cost of your decision?
a
Going to Starbucks
b
The tax paid on the bill
c
The coffee
d
The benefits of something else that you could have bought
Answer:
A
Explanation:
because you lost yo chance of making it at home by deciding to go out and buy a $35 cup of coffee
Find the present value of $3,900 under each of the following rates and periods: (Round your final answer to the nearest penny.) a. 8.9 percent compounded monthly for five years. Present value $ b. 6.6 percent compounded quarterly for eight years. Present value $ c. 4.3 percent compounded daily for four years. Present value $ d. 5.7 percent compounded continuously for three years. Present value $
Answer:
(a) 8.9 percent compounded monthly for five years is $2,503.32.
(b) 6.6 percent compounded quarterly for eight years is $2,310.09.
(c) 4.3 percent compounded daily for four years is $3,283.75.
(d) 5.7 percent compounded continuously for three years is $3,287.05
Explanation:
The Present Value is calculated by using:-
Present Value = Future Value / (1 + r)n
Here, r is the Interest Rate and n is the number of periods.
(a). 8.9 percent compounded monthly for five years:-
Future Value = $3,900
Interest Rate (r) = 0.741667% [8.90% / 12 Months])
Number period (n) = 60 Years [5 Years x 12]
Present Value = Future Value / (1 + r)n
[tex]= $3,900 / (1 + 0.00741667)60\\= $3,900 / 1.5579298\\= $2,503.32[/tex]
(b). 6.6 percent compounded quarterly for eight years:-
Future Value = $3,900
Interest Rate (r) = 1.65% [6.60% / 4]
Number period (n) = 32 Years [8 Years x 4]
Present Value = Future Value / (1 + r)n
[tex]= $3,900 / (1 + 0.0165)32\\= $3,900 / 1.688248\\= $2,310.09[/tex]
(c). 4.3 percent compounded daily for four years
Future Value = $3,900
Interest Rate (r) = 0.0117808% [4.30% / 365 Days]
Number period (n) = 1460 Years [4 Years x 365 Days]
Present Value = Future Value / (1 + r)n
[tex]= $3,900 / (1 + 0.000117808)1460\\\\= $3,900 / 1.187665\\\\= $3,283.75[/tex]
(d). 5.7 percent compounded continuously for three years
Future Value = $3,900
Interest Rate (r) = 0.0156164% [5.70% / 365 Days]
Number period (n) = 1095 Years [3 Years x 365 Days]
Present Value = Future Value / (1 + r)n
[tex]= $3,900 / (1 + 0.000156164)1095\\= $3,900 / 1.1864749\\= $3,287.05[/tex]
Companies usually buy __________ assets. These include both tangible assets such as _______________ and intangible assets such as _____________. To pay for these assets, they sell _____________ assets such as_____________. The decision about which assets to buy is usually termed the _____________ or _______________ decision. The decision about how to raise the money is usually termed the _____________ decision.
Answer:
Companies usually buy ____real______ assets. These include both tangible assets such as ___property, plant, and equipment____________ and intangible assets such as ____patents, copyrights, and brands_________. To pay for these assets, they sell ____financial_________ assets such as_____bonds________. The decision about which assets to buy is usually termed the _____investment________ or _____capital budgeting__________ decision. The decision about how to raise the money is usually termed the ____financing_________ decision.
Explanation:
Real assets can be tangible or intangible assets. They are also known as long-term or fixed assets, given their time horizon before they are fully consumed in production. Real assets, which possess intrinsic value, can be distinguished from financial assets, which are based on contractual claims or securities, including stocks and debts. In any management role, decisions are made about capital budgeting or investment. These also require financing decisions to fund the investments.
Which has a direct upon the environment? A. Business operations b. Taxation C. Presidential elections D. None of the above
Answer:
creo que la A
Explanation:
porque por que ahi se buscaria lo que es mas barato y que es mejor para la empresa asi que en esos casos es donde se pone al medio ambiente en riesgo ya que para estos tienen menor importnciaa
Nathan's Athletic Apparel has 2,000 shares of 6%, $100 par value preferred stock the company issued at the beginning of 2020. All remaining shares are common stock. The company was not able to pay dividends in 2020, but plans to pay dividends of $25,000 in 2021.
Required:
Assuming the preferred stock is cumulative and noncumulative, how much of the $25,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2021?
Answer:
Cumulative Noncumulative
Preferred Dividend 2021 $12,000 $12,000
Preferred Dividend in arrears for 2020
$12,000 $0
Remaining dividend for common Stock holders $1,000 $13,000
Explanation:
Calculation to determine how much of the $25,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2021
First step is to calculate the Dividend to be paid to preferred stock holders
Dividend to be paid to preferred stock holders=(2000*$100)*6%)
Dividend to be paid to preferred stock holders=$12,000
Now let determine how much of the $25,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2021
CUMULATIVE NONCUMULATIVE
Preferred Dividend 2021 $12,000 $12,000
Preferred Dividend in arrears for 2020
$12,000 $0
Remaining dividend for common Stock holders $1,000 $13,000
($25,000-$12,000+$12,000=$1,000)
($25,000-$12,000=$13,000)
Total Dividend $25,000 $25,000
The Panama Canal has completed a tremendous expansion the will allow nearly double the capacity than previously available. What are the benefits and challenges from this expansion
Answer:
The answer is below
Explanation:
There are various benefits and challenges from the Panama Canal expansion
Some of the Benefits are:
1. There will be rapid growth in the trading activities within the Caribbean region
2. Pacific-Atlantic trade will increase generally, which will benefit the stakeholders and countries within the area including their seaports in terms of high concentration of goods, lower cost, and rapid circulation
Some of the Challenges are:
1. The need to adjust to logistical and services platforms by the Caribbean countries
2. How the stakeholders and countries around the region support and absorb the tremendous increase that is expected in the mobilization of containers.
All sales are on account. 35% of the sales are collected in the month of sale, 45% in the following month, the remainder in the second following month. Budgeted sales for Jan., Feb., Mar. are $50,000; $60,000; $40,000. How much cash is collected in March
Answer:
Total cash collection March= $51,000
Explanation:
Giving the following information:
All sales are on account.
35% of the sales are collected in the month of sale, 45% in the following month, the remainder in the second following month.
Cash collection March:
Sales on account from March= (40,000*0.35)= 14,000
Sales on account from February= (60,000*0.45)= 27,000
Sales on account from January= (50,000*0.2)= 10,000
Total cash collection March= $51,000
my sister (laugh) at my story
Answer:
no
Explanation:
Answer:
My sister laughed at my story.
Explanation:
Hot Topic has a policy of promoting from within. If Hot Topic uses clearly defined selection criteria and a transparent process, employees are likely to think the process is fair and to experience ___, even if they are not chosen for promotion.
a. procedural justiceb. interactional justicec. equityd. positive inequitye. distributive justice
Answer:
a. procedural justice
Explanation:
Procedural justice can be defined as an idea of fairness in a process and how this perception of fairness is greatly influenced by the quality of service, experience and transparency received by the people. Thus, it impacts the perception that people have about those in a place of authority with respect to decision-making and processes.
Hence, if Hot Topic uses clearly defined selection criteria and a transparent process, employees are likely to think the process is fair and to experience procedural justice, even if they are not chosen for promotion
Chris Anderson bought a Honda Civic for $17,345. He put down $6,000 and financed the rest through the dealer at an APR of 8.6 percent for four years. What is the effective annual interest rate (EAR) if the loan payments are made monthly
Chris Anderson bought a Honda Civic for $17,345. He put down $6,000 and financed the rest through the dealer at an APR of 8.6 percent for four years. The effective annual interest rate (EAR) if the loan payments are made monthly as calculated below.
The formula to find the monthly interest rate (MIR) from the annual percentage rate (APR) is as follows,
[tex]MIR = (1 + APR)^(1/12) - 1[/tex]
Given,
APR = 8.6 percent,
we convert it to a decimal by dividing by 100:
APR = 8.6% = 0.086
Now, calculate the Monthly Interest Rate (MIR),
[tex]MIR = (1 + 0.086)^(1/12) - 1[/tex] = 0.006997
To convert the MIR to EAR, we use the following formula.
[tex]EAR = (1 + MIR)^12 - 1[/tex]
Now, calculate the EAR,
[tex]EAR = (1 + 0.006997)^12 - 1[/tex]
=0.0851 or 8.51%
Therefore, the effective annual interest rate (EAR) for the loan with an APR of 8.6 percent where the payments are made monthly is approximately 8.51%
To know more about effective annual interest rate here,
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according to investment digest (diversification and the risk/reward relationship, winter 1994, 1-3), the mean of the annual return for common stocks from 1926 to 1992 was 16.5% and the standard deviation of the annual return was 19%.what is the probability that the stock returns are greater than 17%.
Answer:
0.488
Explanation:
Mean annual return for common stocks = 16.5%
standard deviation of annual return = 19%
Determine the probability that the stock returns are greater than 17%
P ( Stock returns > 17% )
stock returns = x
= 1 - p ( x - μ / 6 < 17 - 16.5 / 19 )
∴ 1 - p ( Z < 0.03 )
= 1 - 0.5120 = 0.488
Someone offers to buy your car for five, equal annual payments, beginning 6 years from today. If you think that the present value of your car is $15,000.00 and the interest rate is 10%, what is the minimum annual payment that you would accept
Answer:
The minimum annual payment that you would accept is $7,010.
Explanation:
Using the future value formula, we have:
Future value of the car in 6 years = Present value * (100% + Interest rate)^number of years = $15,000 * (100% + 10%)^6 = $26,573.42
Using the present value of an ordinary annuity formula, we have:
Minimum annual payment = Future value of the car in 6 years / ((1 - (1 / (100% + Interest rate))^number of years to pay equal amount) / Interest rate) = $26,573.42 / ((1 - (1 / (100% + 10%))^5) / 10%) = $26,573.42 / 3.79078676940845 = $7,010
Therefore, the minimum annual payment that you would accept is $7,010.
what are expansionary ficalpolicy? Contrationary fiscal policy, What do you mean by automatic stabilizer?
subject Macroeconomics, please please help...
Answer:
Here is your answer : )
Explanation:
Contractionary fiscal policy means when the government taxes more than it spends.
Expansionary fiscal policy means when the government spends more than it taxes.
Automatic stabilizers means features of the tax and transfer systems that temper the economy when it overheats and stimulate the economy when it slumps without direct intervention by policymakers.
Hope it helps you
A part of financial report of company Z is given below. Calculate days of supply for company Z.
Value of finished goods on-hand $2,930
Value of production materials on-hand $1,640
Value of work-in-process inventory $710
Cost of goods sold $12,500
Net revenue $24,800
a. More than 0 but less than or equal to 60
b. More than 60 but less than or equal to 100
c. More than 100 but less than or equal to 140
d. More than 140 but less than or equal to 200 More than 200
Answer:
Company Z
The days of supply for Company Z are:
d. More than 140 but less than or equal to 200
Explanation:
a) Data and Calculations:
Value of finished goods on-hand $2,930
Value of production materials on-hand $1,640
Value of work-in-process inventory $710
Total inventory = $5,280
Cost of goods sold $12,500
Net revenue $24,800
Days of Supply = Average Inventory/Cost of goods sold * 365
= $5,280/$12,500 * 365
= 154.2 days
b) The Inventory Days of Supply for Company Z or Days Inventory Outstanding" or Inventory Period measures the average number of days Company Z holds its inventory before selling it. As an efficiency ratio, the ratio measures the number of days Company Z's funds are held up in inventory before actual sales to customers.
Hadley Company is considering the disposal of equipment that is no longer needed for operations. The equipment originally cost $600,000 and accumulated depreciation to date totals $460,000. An offer has been received to lease the machine for its remaining useful life for a total of $290,000, after which the equipment will have no salvage value. The repair, insurance, and property tax expenses that would be incurred by Hadley on the machine during the period of the lease are estimated at $75,800. Alternatively, the equipment can be sold through a broker for $230,000 less a 10% commission. Required: Prepare a differential analysis report, dated June 15. Use a minus sign to indicate costs or a negative impact on income. Below the report, indicate whether the equipment should be leased or sold.
Answer and Explanation:
The preparation of the differential analysis report is presented below:
Particulars Lease Equipment Sell Equipment Differential Effect on Income
(Alternative 1) (Alternative 2) (Alternative 2)
Revenues $290,000 $230,000 ($60,000)
Less: Costs -$75,800 $23,000 ($52,800)
(10% of $230,000)
Income (Loss) $214,200 $207,000 ($7,200)
Based on the above report, the equipment should be leased as it generated more profit as compared to sell of an equipment
Assuming that NIKE has $3.4 billion in long term debt. Issue Amount $(Mil) Maturity Date Yield To Maturity NIKE 4.375% 750 1/15/2025 4.25% NIKE 5.7% 800 1/15/2035 6.45% NIKE 5.4% 800 1/15/2033 5.93% NIKE 3.875% 500 12/1/2040 3.47% NIKE 6.7% 550 12/1/2036 6.96% What is the weighted average cost of debt (average pre-tax
Answer:
The answer is "5.49%".
Explanation:
please find the complete solution in the attached file.
Tax Savings. John and Cheryl just borrowed $30,000 on a home equity line of credit. The interest rate for the loan is 6.75% for the entire year, and they took out the loan on May 1. John and Cheryl are in the 28% tax bracket. What will be their tax savings for the first year ending December 31st
Answer:
$378
Explanation:
Interest expenses in current year = Amount of borrowing*Interest rate*8 month/12 months
Interest expenses in current year = $30,000 * 6.75% * 8/12
Interest expenses in current year = $1,350
Tax saving on interest expenses = Interest expenses * Tax rate
Tax saving on interest expenses = $1,350 * 28%
Tax saving on interest expenses = $378
So, their tax savings for the first year ending December 31 will be $378.
Match each marketable security with its description. (a) Eurodollar deposit (b) Banker's acceptance (c) Federal agency issue (d) Commercial paper (e) Repurchase agreement (f) Treasury bill (g) Money market mutual fund (h) Negotiable certificate of deposit (i) Treasury note 1. ________ A short term, unsecured promissory note issued by a corporation. 2. ________ An obligation of the U.S. Treasury with common maturities of 91 to 182 days. 3. ________ A portfolio of marketable securities. 4. ________ An arrangement whereby a bank or securities dealer sells specific marketable securities to a firm and agrees to purchase them in the future. 5. ________ An obligation of the U.S. Treasury with mutual maturities of between one and seven years. 6. ________ Negotiable instrument evidencing the deposit of a certain number of dollars in a commercial bank. 7. ________ An instrument issued by the Federal National Mortgage Association. 8. ________ Funds deposited in banks located outside the U.S. and denominated in U.S. dollars. 9. ________ Short term credit arrangement used by businesses to finance transactions with foreign countries or firms with unknown credit capacities.
Answer: See explanation
Explanation:
1. A short term, unsecured promissory note issued by a corporation. = Commercial paper
2. An obligation of the U.S. Treasury with common maturities of 91 to 182 days. = Treasury bill
3. A portfolio of marketable securities. = Money market mutual fund
4. An arrangement whereby a bank or securities dealer sells specific marketable securities to a firm and agrees to purchase them in the future. = Repurchase agreement
5. An obligation of the U.S. Treasury with mutual maturities of between one and seven years. = Treasury note
6. Negotiable instrument evidencing the deposit of a certain number of dollars in a commercial bank. = Negotiable certificate of deposit
7. An instrument issued by the Federal National Mortgage Association. = Federal agency issue
8. Funds deposited in banks located outside the U.S. and denominated in U.S. dollars. = Eurodollar deposit
9. Short term credit arrangement used by businesses to finance transactions with foreign countries or firms with unknown credit capacities = Banker's acceptance.
You made a $500,000 loan at 10% interest when the CPI was 120. The loan was repaid five years after that, when the CPI was 130. Assume the tax on interest income is 20%. Calculate the tax you owe the government.
Answer:
10000 before inflation, 10833 after inflation
Explanation:
P = 500000
1 = 10%
Interest calculated = 500000x0.1
= $50000
20%x50000 = $10000
Rate of inflation = (130-120)/120 = 0.833
0.833x100%
= 8.333%
What has to be paid to government
= 10000+(8.333*10000)
= 10833
Before inflation, you owe $10000
After inflation you owe $10833
When leaders of an organization compete and debate for scarce resources. They are operating within which frames of reference?
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Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021:
Aug.1 Inventory on hand—2,500 units; cost $6.60 each.
8 Purchased 12,500 units for $6.00 each.
14 Sold 10,000 units for $12.50 each.
18 Purchased 7,500 units for $5.20 each.
25 Sold 9,000 units for $11.50 each.
28 Purchased 4,500 units for $5.80 each.
31 Inventory on hand—8,000 units.
Using calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statement using last-in, first-out (LIFO).
Answer:
Please find the complete solution in the attached file.
Explanation:
Some portion of fixed assets and the nonseasonal portion of current assets are financed with long-term capital, and all seasonal needs of current assets and the remaining portion of fixed assets are financed with short-term loans. Which current asset financing policy is consistent with this statement
Answer: Aggressive approach
Explanation:
With an Aggressive approach to financing, the management is trying to take advantage of the fluctuations in interest rates by using short term loans to finance some parts of fixed assets as well as current assets. This is what is happening here so the management must be using aggressive financing.
This is unlike the conservative approach where fixed assets are financed with long term financing like stocks and bonds with the logic being that both of them have similar lifetimes and so will supply adequate cashflow for the payment of interest overtime.
A person who establishes a trust is known as the __________ , whereas the person who is entitled to the income and other distributions from the trust is known as the ___________. g
Answer:
grantor; trustee
Explanation:
A trust can be defined as a fiduciary relationship between two party in which one of the parties referred to as a grantor (trustor) grants another party known as the trustee, the express permission, right or authority to hold title to assets or properties for the benefit of a third party. Also, this third party is typically referred to as a beneficiary.
This ultimately implies that, a grantor typically refers to an individual or person that establishes a trust while the person (individual) who is entitled to the income and other distributions as a beneficiary from the trust is generally referred to as the trustee.
In conclusion, a trust refers to a fiduciary entity that is mainly focused on holding and administering a corpus for other individuals or third parties (beneficiaries).
