Answer:
There will be a labor shortage
Explanation:
number of clerical staffs present = 122 staffs
number of clerical staffs needed in 3 years
= 122 - ( 20% * 122 ) = 97.6 ≈ 98 staffs
next : lets project the number of employees in next three years considering the voluntary and involuntary turnovers
= 122*(1-2%)^3 * (((1-7%)^3)/3 + ((1-6%)^3)/3 + ((1-5%)^3)/3)
= 95.4 ≈ 94 staffs
since the projected number of employees is < number of clerical staffs needed in 3 years, There will be a labor shortage
The multiplier effect occurs when an initial increase (or decrease) in autonomous expenditure produces a greater increase (or decrease) in real GDP than the initial change. In which type of discretionary fiscal policy does the multiplier play a role? tax changes only neither government spending changes nor tax changes government spending changes only both government spending changes and tax changes Assume a marginal propensity to consume (MPC) of 0.5. Which discretionary fiscal policy would have a more pronounced impact on the economy? A 800 billion dollar increase in government spending, or a 800 billion dollar tax cut, would both have an equal impact on the economy. A 800 billion dollar increase in government spending would have a more pronounced impact on the economy. A 800 billion dollar tax cut would have a more pronounced impact on the economy.
Answer:
The answer is "Choice d and Choice b".
Explanation:
In question 1:
The multiplier effect is produced whenever an initial rise (or decrease) of self-employed market capitalization (or decreases) GDP Growth higher than the original change. Where both increases in public spending or adjustments in taxes are produced by a budgetary monetary strategy, a multiplier mostly on the economy plays a major role in public spending and new taxes.
In question 2:
This marginal demand risk of 0.5 would have a more noticeable influence on financial spending, via an 800 billion dollar increase in government expenditure. This will have more major economic effects on fiscal policy. More noticeable effects of increased spending will have on the aggregate throughout the economy.
The use of government budget funding policies to impact economic factors, particularly macroeconomic variables such as aggregate consumer spending, employment, inflation, and economic growth, is referred to as fiscal policy.
How is a fiscal policy that is discretionarily chosen?The multiplier impact occurs anytime an initial increase (or drop) in self-employed market capitalization (or reduces) GDP Growth that is greater than the original change.
When a fiscal monetary strategy produces both increases in public expenditure and tax adjustments, a multiplier based primarily on the economy plays a significant role in both public spending and new taxes.
This marginal demand risk of 0.5 would have a greater impact on financial expenditures, resulting in an 800 billion dollar rise in government spending.
This will have a greater impact on budgetary policy. The aggregate consequences of higher expenditure will be more visible throughout the economy.
Thus, Options B and D are correct.
For more information about discretionary fiscal policy refer to the link:
https://brainly.com/question/1114207
MECCS Inc. stock paid its annual dividends of $4.90 per share yesterday. The dividend is expected to decrease at a constant rate of 2.50 percent per year indefinitely. Investors require a rate of return of 8.60 percent on the stock. How much should one share of the stock be priced today
Answer: $43
Explanation:
The current stock price will be calculated as:
= Do(1 - g) / (Ke + g)
where,
Do = $ 4.90
g = 2.50%
Ke = 8.60%
Po = [4.90 - (1 - 0.025)] / [0.086 + 0.025]
Po = 4.7775 / 0.111
Po = $43
The price of one share of the stock today will be $43
The management of Mitchell Labs decided to go private in 2002 by buying all 3.30 million of its outstanding shares at $17.50 per share. By 2006, management had restructured the company by selling off the petroleum research division for $13.50 million, the fiber technology division for $9.25 million, and the synthetic products division for $23 million. Because these divisions had been only marginally profitable, Mitchell Labs is a stronger company after the restructuring. Mitchell is now able to concentrate exclusively on contract research and will generate earnings per share of $1.40 this year. Investment bankers have contacted the firm and indicated that if it reentered the public market, the 3.30 million shares it purchased to go private could now be reissued to the public at a P/E ratio of 12 times earnings per share.
Required:
a. What was the initial cost to Mitchell Labs to go private?
b. What is the total value to the company from (1) the proceeds of the divisions that were sold, as well as (2) the current value of the 3.30 million shares (based on current earnings and an anticipated P/E of 12)?
c. What is the percentage return to the management of Mitchell Labs from the restructuring?
Answer: See explanation
Explanation:
a. What was the initial cost to Mitchell Labs to go private?
This will be calculated as:
= Price per share × Number of shares
= $17.50 × 3.3 million
= $57.75 million
b. What is the total value to the company from (1) the proceeds of the divisions that were sold, as well as (2) the current value of the 3.30 million shares (based on current earnings and an anticipated P/E of 12)?
This will be calculated as:
= $13.5 Million + $9.25 Million + $23 Million + [(12 X $ 1.40) × 3.3 Million]
= $45.75 Million + $55.44 Million
= $101.19 Million
c. What is the percentage return to the management of Mitchell Labs from the restructuring?
This will be calculated as:
= {$101.19 Million - $57.75 Million} /$57.75 Million
= $43.44/$57.75 × 100
= 0.7522 × 100
= 75.22%
What is a planned economy regulated by?
Explanation:
The government regulates the interactions between producers and consumers.
Portfolio Returns i. stock has mean of 8% and stdev of 20%; ii bond has mean of 6% and stdev of 15%; iii correlation b/w stock and bond of -0.3; iv. Risk free rate for cash lending and borrowing is at 1%. a. What is the mean and stdev of a portfolio of that is 60% in stock and 40% in bond (3 points)
Answer:
Portfolio Mean = 7.2%
Portfolio Stdev = 0.1169615 or 11.69615% rounded off to 11.70%
Explanation:
The mean return of a portfolio consisting of two securities can be calculated by multiplying the weight of each security in the portfolio by the mean return of that security and adding the products for each security. The formula for two asset or security portfolio return (mean) can be written as follows,
Portfolio Mean = wA * rA + wB * rB
Where,
w represents the weight of each securityr represents the mean return of each securityPortfolio Mean = 60% * 8% + 40% * 6%
Portfolio Mean = 7.2%
The standard deviation is a measure of the total risk. The standard deviation of a portfolio consisting of two securities can be calculated using the attached formula.
Portfolio Stdev = √(0.6)² (0.2)² + (0.4)² (0.15)² + 2(0.6) (0.4) (-0.3) (0.2) (0.15)
Portfolio Stdev = 0.1169615 or 11.69615% rounded off to 11.70%
Macroeconomic factors that influence interest rate levels
1. T or F: During the credit crisis of 2008, investors around the worls were fearful about the collapse of real estate markets, shaky stock markets, and illiquidity of several securities in the US and several other nations. The demand for US treasury bonds increased, which led to a rise in their price and a decline in their yields.
2. T or F: When the ecnomy is weakening, the Fed is likely to increase short-term interest rates.
3. T or F: When the Fed increses the money supply, short-term interest rates tend to decline.
4. T of F: the Federal Reserve Board has significant influence over the level of economic activity, inflation, and interest rates in the US.
Answer:
1. True
2. False
3. False
4. True
Explanation:
Federal excise duty is the government rate which is set to control the money supply in an economy. When Fed rises the interest rate decline while money supply increases.
The crisis during 2008 led the world towards declining their economic growth. The shaky stock market runs fear in the investors and they withdrew their money from the stock and other risky and invested their earning and savings in safe and secure treasury bonds. This led the government to raise the prices of treasury bonds and the returns of the bonds declined.
Fischer Company has outstanding 8,000 shares of $100 par value, 5% preferred stock, and 50,000 shares of $1 par value common stock. The company has $328,000 of retained earnings. At year-end, the company declares and pays the regular $5 per share cash dividend on preferred stock and a $1.80 per share cash dividend on common stock. What is the total dividends paid by Fischer Company
Answer:
The appropriate solution is "$130,000".
Explanation:
The given values are:
No. of common shares outstanding
= 50,000
Dividend per share
= $1.80
No. of preferred shares outstanding
= 8,000
Dividend per share
= $5
Now,
The total dividend on common shares will be:
= [tex]No. \ of \ common \ shared \ outstanding\times Dividend \ per \ share[/tex]
On substituting the values, we get
= [tex]50,000\times 1.80[/tex]
= [tex]90,000[/tex] ($)
The total dividend on preferred stock will be:
= [tex]No. \ of \ preferred \ shares \ outstanding\times Divided \ per \ share[/tex]
On substituting the values, we get
= [tex]8,000\times 5[/tex]
= [tex]40,000[/tex] ($)
Hence,
The total dividend paid by company will be:
= [tex]Total \ dividend \ on \ common \ shares +Total \ dividend \ on \ preferred \ stock[/tex]
= [tex]90,000+40,000[/tex]
= [tex]130,000[/tex] ($)
Thus the above is the correct answer.
Feng needs to export Access data that contains a table of contacts. This table will be used to create personalized
mailings. Which type of export should he choose?
O Access
O Word Merge
O Excel
O XML file
Answer:
if i answer this pls answer mine the answer is b
Explanation:
The table and scatterplot shows the additional plant growth measured each day for particular days.
Which two points should the trend line go through to best represent the data given in this scatterplot?
2, 1) and (3, 1.5)
(2, 1) and (5, 2)
(6, 2) and (8, 2)
(6, 2) and (10.1.75)
do you know the answer to this
Crane Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Units Per unit price Total Balance, 1/1/20 150$4.00$600 Purchase, 1/15/20 705.10 357 Purchase, 1/28/20 705.30 371 An end of the month (1/31/20) inventory showed that 110 units were on hand. If the company uses LIFO, what is the value of the ending inventory
Answer:
Crane Company
If Crane Company uses LIFO, the value of the ending inventory is:
= $440.
Explanation:
a) Data and Calculations:
Units Unit Cost Total Cost
1/1/20 inventory 150 $4.00 $600
1/15/20 Purchase, 70 5.10 357
1/28/20 Purchase, 70 5.30 371
Total 240 $1,328
1/31/20 inventory 110 $4.00 $440 ($4.00 * 110)
b) The LIFO method assumes that goods that are sold first are the last that were purchased. Therefore, the cost of the ending inventory is usually based on the cost of the earlier inventory purchased. In our case, the cost per unit was based on the beginning inventory balance.
Following is the stockholders’ equity section from the The Coca-Cola Company 2017 balance sheet. (All amounts in millions except par value.)
The Coca-Cola Company Shareowners' Equity December 31, 2017
Common stock-$0.25 par value; authorized-11,200 shares; issued-7,040 shares $1,760
Capital surplus 15,864
Reinvested earnings 60,430
Accumulated other comprehensive income (loss) (10,305)
Treasury stock, at cost-2,781 shares (50,677)
Equity attributable to shareowners of The Coca-Cola Company $17,072
Required:
a. Compute the number of shares outstanding.
b. At what average price were the Coca-Cola shares issued? Round answer to two decimal places.
Answer and Explanation:
a. The computation of the no of shares outstanding is shown below:
No. of shares outstanding is
= shares issued - shares held as treasury stock
= 7,040 shares - 2,781 shares
= 4,259 shares
b. The average price is
= (Common Stock value + Capital Surplus) ÷ No. of shares issued
=($1,760 + $15,864) ÷ 4259 shares
= $4.14
Questions and answer
In January, Prahbu purchased a new machine for use in an existing production line of his manufacturing business for $98,000. Assume that the machine is a unit of property and is not a material or supply. Prahbu pays $3,925 to install the machine, and after the machine is installed, he pays $2,250 to perform a critical test on the machine to ensure that it will operate in accordance with quality standards. On November 1, the critical test is complete, and Prahbu places the machine in service on the production line. On December 3, Prahbu pays another $5,200 to perform periodic quality control testing after the machine is placed in service. How much will Prahbu be required to capitalize as the cost of the machine
Answer:
$104,175
Explanation:
Calculation to determine How much will Prahbu be required to capitalize as the cost of the machine
Purchase price $98,000
Add Installation cost $3,925
Add Critical test cost $2,250
Machine Capitalize cost $104,175
($98,000+$3,925+$2,250)
Therefore How much will Prahbu be required to capitalize as the cost of the machine is $104,175
Ecology Co. sells a biodegradable product called Dissol and has predicted the following sales for the first four months of the current year: Jan. Feb. March April Sales in units 1,700 1,900 2,100 1,600 Ending inventory for each month should be 20% of the next month's sales, and the December 31 inventory is consistent with that policy. How many units should be purchased in February
Answer:
Purchases - February = 1940 units
Explanation:
To calculate the units to be purchased in February, we first need to calculate the opening and closing inventory for the month of February. We know that the closing inventory each month is equal to 20% of next month's sale, so we can calculate the closing inventory for January (which will be opening inventory for February) as,
Opening Inventory - February = 20% * 1900 => 380 units
We can also calculate the ending inventory for February by using the expected sales of March.
Closing Inventory - February = 20% * 2100 => 420 units
The purchases for February can be calculated as follows,
Units Sold = Opening inventory + Purchases - Closing Inventory
1900 = 380 + Purchases - 420
1900 + 420 - 380 = Purchases
Purchases = 1940 units
As a manager seeks to develop her leadership skills, she should be aware that:______.
A. There is one best leadership style to which all managers should aspire
B. Leadership is first and foremost about establishing a deep knowledge of their industry
C. Ideally, managers will have both management and leadership skills
D. Leadership is primarily about personal efficiency
Answer:
B. Leadership is first and foremost about establishing a deep knowledge of their industry.
Explanation:
Leadership is the capacity of a person to influence the actions of others to deliver on set goals and objectives. A leader is someone who gets things done through others.
A manager who seeks to develop her leadership skills should be aware that leadership is first and foremost about establishing a deep knowledge of their industry. As an aspiring leader, a manager must have full knowledge of the industry he or she is working. This is important because the manager would be able to effectively direct, control, motivate and influence people he is leading due to the vast experience gotten from the industry he is operating.
Answer:
Ideally, managers will have both management and leadership skills
Explanation:
just took the test
you are required to write a report and in this report you are to consider the importance of understanding the business environment
Answer:
The understanding of its business environment helps an organization to make realistic plans and ensure their effective implementation. It also helps thebusiness enterprise in identification of opportunities and threats.
Explanation:
I am not sure if this is what you wanted
PLEASE HELP!! This is economics/business work. Will give brainliest if correct!!
Rainey Company's true cash balance at October 31 is $4,700. The following information is available for the bank reconciliation: Outstanding checks, $740 Deposits in transit, $540 Bank service charges, $110 The bank had collected an account receivable for Rainey Company, $1,200 The bank statement included an NSF check written by one of Ramsey's customers for $720. What was the unadjusted book balance at October 31
Answer: $4330
Explanation:
The unadjusted book balance at October 31 is calculated below:
True cash balance = $4700
Add: Bank service charge = $110
Add: NSF Check = $720
Less: Account receivable = $1200
Unadjusted book balance = $4330
In your own words, discuss GAP management and then suggest a way to reduce the impact of its limitation. Do not duplicate limitations and solutions; that is, you can discuss the same limitation as a fellow student if you are able to suggest a different way of reducing the impact.
Answer:
Gap management is a strategy which every business follows. A business can be successful only if it sets goals for its future.
Explanation:
Gap management is the difference between where an organization stands today and where it wants to be in future. A company's management will set its own targets and then sets position of the company. There are limitation of gap management as there can be targets which are sometimes unachievable or there are some external forces which hinders the business progress.
The following information relates to Schmidt Sausage Co.'s defined benefit pension plan during the current reporting year: ($ in millions) Plan assets beginning of the year $ 400 Expected return on plan assets 40 Actual return on plan assets 32 Cash contributions 60 Amortization of net loss 8 Retiree benefits 9 Required: Determine the amount of pension plan assets at fair value on December 31.
Answer:
400 dollars is expected on the year and return the asssests as 40 actual return is actually 32 but then u add a little and get 60 so then you lose 8 dollars because your mom wanted u to buy something for her then retiree from your job and get 9 dollars of benefit that you need the amount of a pension plens assest a fair in december 33
Explanation:
In an indirect message, valid reasons for the refusal are presented before the bad news. Which option is most effective? a.If we accepted your rather dated desktops and laptops, we would risk software incompatibility, high repair bills, and substantial replacement costs for missing input and output devices. b.We're very sorry but our policy does not allow us to accept donations of used computing equipment. c.We had to establish guidelines for the acceptance of used computing equipment because only new computers provide warranties, compatible software, and come with matching peripherals.
Answer:
c.We had to establish guidelines for the acceptance of used computing equipment because only new computers provide warranties, compatible software, and come with matching peripherals.
Explanation:
An indirect message aims to soften bad news, to achieve this goal the message is transmitted through a soothing speech, where there is an explanation of the reasons for the bad news before reaching the fact, in order to cushion the impact that the message may cause. Indirect discourse is more accepted in the case of the transmission of bad news, as individuals generally tend to better understand the facts when they are explained through evidence.
Therefore, the letter c corresponds more adequately to an indirect speech.
Both __________ and __________ affect the awareness and motivation of a firm to undertake actions and responses. a. first-mover advantages; corporate size b. market commonality; resource similarity c. management capabilities; competitive analysis d. speed of management decisions; management actions
Answer:
b. market commonality; resource similarity
Explanation:
The two things that can impact the awareness and the motivation so that the firm could take the actions and responses is that the market commodity where the company deals with and the similarity of the resources. These two things would be required that can impact the awareness and the motivation level of the firm
hence, the option b is correct
You are planning to save for retirement over the next 35 years. To do this, you will invest $710 per month in a stock account and $310 per month in a bond account. The return of the stock account is expected to be 9.1 percent, and the bond account will earn 5.1 percent. When you retire, you will combine your money into an account with an annual return of 6.1 percent. Assume the returns are expressed as APRs.
How much can you withdraw each month from your account assuming a 30-year withdrawal period?
Answer:
monthly payment = $16,162.87
Explanation:
future value of stock account = $710 x= [(1 + 0.00758333)⁴²⁰- 1 ] / 0.00758333 = $2,142,045
future value of bond account = $310 x= [(1 + 0.00425)⁴²⁰- 1 ] / 0.00425 = $360,116
future value = $2,502,161
PVIFA = [1 - 1/(1 + 0.0050833)³⁶⁰ ] / 0.0050833 = 165.019
monthly payment = $2,502,161 / 165.019 = $16,162.87
Suppose that 3 months ago you entered into an forward rate agreement, and that under the terms of the contract you will receive 7.2% per annum, with semiannual compounding, and pay LIBOR on a principal of $200 million for the period between time 1 year and time 1.5 years (from now). Suppose that the forward LIBOR rate for this period, with semiannual compounding, is 6.9% per annum. If the 1.5-year continuously compounded risk-free rate is 5.4%, what is the value of the forward rate agreement
Myrna and Geoffrey filed a joint tax return in 2018. Their AGI was $85,000, and itemized deductions were $24,700, which included $7,000 in state income tax and no other state or local taxes. In 2019, they received a $1,800 refund of the state income taxes that they paid in 2018. The standard deduction for married filing jointly in 2018 was $24,000.
Under the tax benefit rule, what amount of the state income tax refund is included in gross income in 2019?
Answer:
$700
Explanation:
Calculation for what amount of the state income tax refund is included in gross income in 2019
Standard deduction for married filing jointly in 2018 $24,000
Less itemized deductions ($24,700)
State income tax refund included in gross income in 2019 $700
($24,000-$24,700)
Therefore the state income tax refund that is included in gross income in 2019 will be $700
22. An employment contract is an agreement between the manager and top management designed to provide incentives for the manager to act: Group of answer choices Consistently with that of other managers. Independently to achieve the manager's objectives. Independently to achieve top management's objectives. Independently to achieve the customer's objectives.
Answer:
Independently to achieve top management's objectives.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
Hence, an employment contract is an agreement between the manager and top management designed to provide incentives for the manager to act independently to achieve top management's objectives because they are playing a fiduciary duty or role.
Cost of Living The City of St. Albans has a unionized police force that is coming up for a contract renewal. The police have one issue: the cost of living increases. During the past 10 years, police officers have received minimal cost of living increases, and this time they want to match what other police forces are making. They claim that their salaries are below the national level. The incoming new police hire earns a salary of $48,200.
Required:
Prepare the data and an argument on behalf of the police officers to support their position.
Answer:
Police officers are national servants. Their salary needs to be adequate so that they can maintain their standard of living.
Explanation:
Police officers should be paid according to their level of skills and expertise. If they are paid below their minimal cost of living then they will feel demotivated and will not be able to justify their job role. They need to be self motivated with their adequate pay so they feel pride to serve the nation. The police officers should be paid equally to the new police hire salary which is $48,200.
A company issued 5%, 20-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 4%. Interest is paid semiannually. At what price did the bonds sell
Answer:
The bond was sold at $1,136.78.
Explanation:
Annual coupon = Bond face value * Coupon rate = $1000 * 5% = $50
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = semi-annul interest rate = 4% / 2 = 2%, or 0.02
n = number of period = 20 years * Number of semiannuals in a year = 20 * 2 = 40 semi-annuals
Substituting the values into equation (1), we have:
Annual coupon discount factor = ((1-(1/(1 + 0.02))^40)/0.02) = 27.3554792407382
Present value of coupon = (Annual coupon * Annual coupon discount factor) / 2 = ($50 * 27.3554792407382) / 2 = $683.886981018455
Present value of the face value of the bond = Face value / (1 + r)^n = $1,000 / (1 + 0.02)^40 = $452.890415185236
Therefore, we have:
Price of bond = Present value of coupon + Present value of the face value of the bond = $683.886981018455 + $452.890415185236 = $1,136.77739620369
Approximating to 2 decimal places, we have:
Price of bond = $1,136.78
Therefore, the bond was sold at $1,136.78.
The goal of the review in a business presentation is to Multiple choice question. compel audience members to consider taking specific actions. lead audience members in participating in a dramatic demonstration. tie together the meaning of any visual aids used in the presentation. provide a brief evaluation of the speaker's reaction to audience members.
Answer:
provide a brief evaluation of the speaker's reaction to audience members.
Explanation:
In a business presentation review, the main objective is to provide a brief assessment of the speaker's reaction to audience members, that is, the objective is to share with the members of that company how business was conducted, what efforts were achieved and how company is moving into the market. Sharing a brief assessment of the speaker's reaction with members helps to create a sense of belonging to the company, identification of members and satisfaction with the results achieved, thus increasing reliability and appreciation at work, strengthening integration, productivity and organizational culture.
g Marlboro Construction enters into a contract with a customer to build a warehouse for $725,000 on April 15, 2021 with a completion date of September 15, 2021. The contract contains a performance clause such that Marlboro will receive a $12,000 bonus for each week the contract is completed early. Likewise, the agreed contract price will be reduced by $12,000 for each week the contract is completed after the due date. These clauses are commonly included in Marlboro contracts and, based on prior experience, estimates the following completion outcomes: Completed by Probability September 1 10% September 8 30% September 15 25% September 22 20% September 29 15% The transaction price for this transaction, using the most likely amount method is A. $471,250 B. $725,000 C. $737,000 D. $713,000
Answer:
B. $725,000
Explanation:
The expected value for the contract will be :
10% ($725,000 + 12,000 + 12,000 ) + 30% ($725,000 + 12,000 ) + 25% ($725,000 ) + 20% ($725,000 - 12,000 ) + 15% ($725,000 - 12,000 - 12,000 )
= $ 74,900 + $221,100 +$181,250 + $142,600 + $105,150 = $725,000
Marlboro constructions expected value of the contract is 725,000 based on the given probability estimates of contract completion.
e) Wesley Publishing has an office in England that would like the American office to share their
data on profits. What steps should the American office take in order to determine the profits in
pounds for the England office? (2 points)
I
Answer:
He should make sure he has the right profits then he should see how much things are going to cost, and then finalize it.
Explanation:
Sorry y'all I am having troubles with this assignment sorry if I get it wrong
