Answer: B. The dollar is likely to appreciate in spot markets.
Explanation:
First find the forward rate using the forward rate formula:
Forward rate = Spot rate * (1 + Interest rate of Canada) / (1 + Interest rate of US)
= 1 * ( 1 + 3%) / (1 + 5%)
= 0.980952
= 0.98
The forward rate according to the formula is less than the forward rate that is trading.
This means that the U.S. dollar is trading at a forward discount and when this happens, the dollar will not appreciate in the spot markets because it is scheduled to be discounted in the forward market.
If the price of product L increases, then how will the demand curve for the close-substitute product J shift? If X is a normal good, will an increase in money income shift the supply or demand curve and in which direction?
Answer:
demand curve for product J would shift rightwards or outwards
If X is a normal good, an increase in income would shift the demand curve rightwards or outwards
Explanation:
Substitute goods are goods that can be used in place of another good.
If the price of product L increases, the quantity demanded of product L declines. this is line with the law of demand
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Consumers would then shift to the consumption of the close substitute. As a result, there would be an increase in the demand for product J. This would lead to a rightward or outward shift of the demand curve for product J
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Since X is a normal good, when income increases, the demand for good X increases. this would shift the demand curve outward
Based on recent statistics, which of the following individuals would have the lowest probability of being unemployed?
a. a 45-year-old white male.
b. a 50-year-old white female.
c. a 32-year-old African American female.
d. a 19-year-old African American male.
e. a 17-year-old white female.
Answer:
a. a 45-year-old white male.
Explanation:
Middle aged white males have the lowest unemployment rate in the United States. Employment ratios for white and asian men are approximately the same, 72.8%, which is higher than any other demographic group. Besides the normal prejudices that exist in society, these two groups also have the highest average education level (i.e. more college years)
Flexible budgets Group of answer choices are static budgets that have been revised for changes in price(s). accommodate changes in activity levels. accommodate changes in the inflation rate. are used to evaluate capacity utilization.
Answer: accommodate changes in activity levels.
Explanation:
A flexible budget is refered to as the budget which changes based on the actual activity. It accommodate changes in activity levels.
It is the budget which is allowed to be adjusted as a result of the change in the assumptions that's used in the creation of the budget during the planning process of the management.
Answer:
accommodate changes in activity levels. is the correct choice.
Explanation:
Flexible budgets Group of answer accommodate changes in activity levels.
A new coffee machine costs $50,850 and the finance office has quoted you an Annual Percentage Rate (APR) of 5.9%, compounded monthly, for 36 months. What is the Effective Annual Rate (EAR)?
Answer:
6.062189766%
Explanation:
[tex](1+\frac{.059}{12})^{36}=(1+i)^3\\[/tex]
Which of the following is true of public goods? Question 9 options: a) The market mechanism helps to signal the quantity that is demanded by the public. b) The public sector is guided to produce the correct quantity by market prices. c) Consumption by one person does not preclude consumption of the same good by another person. d) Payment for consumption is efficiently provided by market prices.
Answer:
c
Explanation:
A public good is a good that is non excludable and non rivalrous.
For example, if there is a statue in a park, Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue
If demand increases and supply stays the same, price will be………
Answer:
If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price.
Explanation:
If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price. If demand decreases and supply remains unchanged, a surplus occurs, leading to a lower equilibrium price. If demand remains unchanged and supply increases, a surplus occurs, leading to a lower equilibrium price.
Answer:
If demand increases and supply stays the same then equilibrium quantity goes up, and equilibrium price goes up. If demand decreases and supply increases then equilibrium quantity could go up, down, or stay the same, and equilibrium price will go down
Explanation:
Trong ngành công nghiệp thì doanh nghiệp đã dùng tiêu thức nào để phân khúc thị trường
Answer:
which language is this???
Suppose that a firm is currently maximizing its short-run profit at an output of 50 units. If the current price is $9, the marginal cost of the 50th unit is $9, and the average total cost of producing 50 units is $4, what is the firm's profit
Answer:
$250
Explanation:
Profit = Total revenue - Total cost
Profit = ($9*50 units) - ($4*50 units)
Profit = $450 - $200
Profit = $250
Thus, the firm's profit will be $250.
Journalize the entries to record the following transactions for Mountain Realty Inc.:
Aug.26 Issued for cash 128,000 shares of no-par common stock The stock outstanding when a corporation has issued only one class of stock. (with a stated value of $5) at $6.
Oct.1 Issued at par value 41,000 shares of preferred 1% stock, $10 par The monetary amount printed on a stock certificate. for cash.
Nov. 30 Issued for cash 17,000 shares of preferred 1% stock, $10 par at $11
Answer and Explanation:
The journal entries are shown below"
On Aug 26
Cash Dr $768,000
To Common stock $640,000
To Additional paid in capital $128,000
(Being issuance of the common stock is recorded)
On Oct 1
Cash Dr $410,000
To preferred stock $410,000
(Being the issuance of the preferred stock is recorded)
On Nov 30
Cash Dr $187,000
To Common stock $170,000
To Additional paid in capital $17,000
(Being issuance of the common stock is recorded)
Young Corporation is considering purchasing equipment that costs $80,000 and is expected to provide the following cash inflows over its five-year useful life: Year Cash inflow 1 $ 18,000 2 22,000 3 24,000 4 16,000 5 9,000 What is the payback period of this investment project
Answer:
It will take 4 years to cover the initial investment.
Explanation:
Giving the following information:
Initial investment= $80,000
Cash flows:
1 $ 18,000
2 22,000
3 24,000
4 16,000
5 9,000
The payback period is the time required to cover the initial investment:
Year 1= 18,000 - 80,000= -62,000
Year 2= 22,000 - 62,000= -40,000
Year 3= 24,000 - 40,000= -16,000
Year 4= 16,000 - 16,000= 0
It will take 4 years to cover the initial investment.
Olinick Corporation is considering a project that would require an investment of $343,000 and would last for 8 years. The incremental annual revenues and expenses generated by the project during those 8 years would be as follows (Ignore income taxes.): Sales $ 227,000 Variable expenses 52,000 Contribution margin 175,000 Fixed expenses: Salaries 27,000 Rents 41,000 Depreciation 40,000 Total fixed expenses 108,000 Net operating income $ 67,000 The scrap value of the project's assets at the end of the project would be $23,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to:
Answer:
3.21 years
Explanation:
Annual net cash-flow = Operating net income + Depreciation
Annual net cash-flow = $67,000 + $40,000
Annual net cash-flow = $107,000
Payback period = Investment / Annual net cash-flow
Payback period = $343,000/$107,000
Payback period = 3.205607476635514
Payback period = 3.21 years.
So, he payback period of the project is closest to 3.21 years.
The Corbit Corp, sold merchandise for $10,000 cash. The cost of orp. sold merchandise for $10,000 cash. The cost of the se sold was $7,590. The journal entries to record this transaction under the perpetual inventory system would be:______.
A. Cash 10,000 Merchandise Inventory Cost of Merchandise Sold 10,000 7,590 7,590 Sales
B. Cash 10,000 Sales 10,000 Cost of Merchandise Sold 7,590 7,590 Merchandise Inventory
C. Cash 10,000 Sales 10,000 Merchandise Inventory Cost of Merchandise Sold 10,000 10,000
D. Cash 7,590 Sales 7,590 Cost of Merchandise Sold Merchandise Inventory 7,590 7,590
Answer:
B. Cash 10,000 Sales 10,000 Cost of Merchandise Sold 7,590 7,590 Merchandise Inventory
Explanation:
The journal entry is shown below:
cash $10,000
To sales $10,000
(being cash receipts is recorded)
Here cash is debited as it increased the assets and credited the sales as it also increased the revenue
cost of merchandize sold $7,590
To merchandize inventory $7,590
(being cost of merchandise sold is recorded)
Here cost is debited as it increased the expense and credited the merchanidse inventory as it decreased the inventory
Over a certain period, large-company stocks had an average return of 12.94 percent, the average risk-free rate was 2.65 percent, and small-company stocks averaged 17.73 percent. What was the risk premium on small-company stocks for this period
Answer:
15.08 percent
Explanation:
Calculation to determine What was the risk premium on small-company stocks for this period
Using this formula
Risk premium =Average risk-free rate -small-Company stocks averaged
Let plug in the formula
Risk premium=2.65 percent-17.73 percent
Risk premium=15.08 percent
Therefore the risk premium on small-company stocks for this period is 15.08 percent
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $0.50 coming 3 years from today. The dividend should grow rapidly - at a rate of 49% per year - during Years 4 and 5; but after Year 5, growth should be a constant 9% per year. If the required return on Computech is 16%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your intermediate calculations.
Answer: $8.81
Explanation:
To solve this, add the present values of the dividends from years 3, 4 and 5 and then add the present value of the terminal value of the stock at year 5.
Year 3 dividend = $0.50
Year 4 dividend = 0.50 * (1 + 49%) = $0.745
Year 5 dividend = 0.745 * 1.49 = $1.11005
= Dividend in year 3 / (1 + required rate of return)³ + Dividend in year 4 / (1 + required rate of return)⁴ + Dividend in year 5 / (1 + required rate of return)⁵ + (Dividend in year 5 * (1 + growth rate) / ( required rate of return - growth rate ) ) / (1 + required rate of return)⁵
= 0.5 / 1.16³ + 0.745/1.16⁴ + 1.11005/1.16⁵ + ( 1.11005 / (16% - 9%)) / 1.16⁵
= $8.81
If the required return on Compu tech is 16%, the value of stock today is $8.81. To answer this, sum the present values of the dividends from years 3, 4, and 5, followed by the present value of the stock's terminal value in year 5.
The current value of a future sum of money or stream of cash flows at a predetermined rate of return is known as its present value (PV). The present value of future cash flows is reduced by the discount rate, and the higher the discount rate, the lower the present value of future cash flows.
Given,
Year 3 dividend = $0.50
Year 4 dividend = 0.50 * (1 + 49%) = $0.745
Year 5 dividend = 0.745 * 1.49 = $1.11005
Dividend in year 3 / (1 + required rate of return)³ + Dividend in year 4 / (1 + required rate of return)⁴ + Dividend in year 5 / (1 + required rate of return)⁵ + (Dividend in year 5 * (1 + growth rate) / ( required rate of return - growth rate ) ) / (1 + required rate of return)⁵
= 0.5 / 1.16³ + 0.745/1.16⁴ + 1.11005/1.16⁵ + ( 1.11005 / (16% - 9%)) / 1.16⁵
= $8.81
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what are the consequences on the auditor if he auditor fails to report information??
Answer: Audit failures are routinely implicated with loss deposits, loss of employments and loss of livelihoods of individuals.
Explanation: Example of audit failures and its effects to individuals: The damage done to people's lives by audit failures is well documented
this might be helpful for you ..
Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage, assuming that the residual value of the fixed asset is to be ignored: (a) 4 years, (b) 8 years, (c) 10 years, (d) 16 years, (e) 25 years, (f) 40 years, (g) 50 years. If required, round your answers to two decimal places.
issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $388,000, the company redeemed the bonds at 99. Prepare the entry to record the redemption of the bonds.
Answer:
Dr Bonds Payable $400,000
Dr Loss on retirement of bonds $12,000
Cr Cash $396,000
Cr Discount on bonds $16,000
Explanation:
Preparation of the journal entry to record the redemption of the bonds.
Dr Bonds Payable $400,000
Dr Loss on retirement of bonds $12,000
($400,000-$388,000)
Cr Cash $396,000
($400,000 *99% = $396,000)
Cr Discount on bonds $16,000
($400,000+$12,000-$396,000)
(To record the redemption of the bonds)
Output from a process contains 0.02 defective units. Defective units that go undetected into final assemblies cost $25 each to replace. An inspection process, which would detect and remove all defectives, can be established to test these units. However, the inspector, who van test 20 units per hour, is paid $8 per hour, including fringe benefits. Should an inspection station be established to test all units
Answer: Inspection station should be established.
Explanation:
Cost to company if defect is not detected:
= Cost to replace * percentage defects * number of units tested per hour
= 25 * 0.02 * 20 units
= $10 per hour
Inspector is paid $8 per hour.
The fees to the inspector are less than the cost of replacement so the Inspection station should be established as it saves costs.
Project Management Practice ProblemBragg’s Bakery is building a new automated bakery downtown Sandusky. Here are the activities that need to be completed to get the new bakery built and the equipment installed.
ACTIVITYPREDECESSORNORMAL TIME (WEEK)CRASH TIME (WEEK)EXPEDITING COST/WEEKA-963000BA853500CA15104000DB,C532000EC1062500FD,E215000
Hint: I have directly provided the crashing cost per unit time.
a. What is the normal project length?
b. What is the critical path in this project?
c. Which activity will you choose to crash first to reduce the duration of the project by one week?
d. What is the project length if all activities are crashed to their minimum?
e. What is the slack for activity D?
Answer:
a. The normal project length is 36 weeks.
b. The critical path in this project is A-C-E-F.
c. The activity that you choose to crash first to reduce the duration of the project by one week is E because it has the least expediting cost/week amongst A, C, E, F.
d. The project length if all activities are crashed to their minimum is 23 weeks.
e. The slack for activity D is 5 weeks.
Explanation:
a) The normal length of the project = completion time of last activity = 36 weeks.
b) The criteria for critical activity:
[tex]LC_{i} = ES_{i} ,\\LC_{j} = ES_{j} ,\\[/tex]
[tex]ES_j - ES_i = LF_j - LF_{i} =[/tex] duration of the activity
where ES = Earliest start time, EF = Earliest finish time , LC = latest completion time, LF = latest finish time ,
The suffix- i refers to the preceding node, suffix-j refers to the succeeding node.
activities satisfying above all criteria are A, C, E, F
therefore critical path is A-C-E-F.
c) To reduce the project duration by 1 week. we should choose to crash among critical activities A, C, E, F. thus we choose to crash activity E because it has the least expediting cost/week amongst A, C, E, F.
d) if we crash all the activities to their minimum, then the project length = sum of crash time of all critical activities
= [6 + 10 + 6 + 1]
= 23 weeks.
e) The slack of activity d = LS - ES = 34 - 29
= 5 weeks
The critical path is given in the diagram,
Which of the following statements is true? Question 2 options: Velocity equals the money supply. GDP is larger than the money supply if velocity is greater than 1. The money supply must be equal to GDP. GDP is always twice the money supply.
Answer:
GDP is larger than the money supply if velocity is greater than 1
Explanation:
According to the quantity theory of money :
price x quantity = money supply x velocity
GDP = money supply x velocity
If velocity = 2
money supply is 20
then GDP = 2 x 20 = 40
gdp is greater than money supply
The purpose or objectives of Competition policy
Answer:
Competition policy promotes market competition by regulating anti-competitive behavior undertaken by firms. The fundamental reason for competition policy is to allow the smooth functioning of the free market and the price mechanism, thus maximizing economic welfare.
Explanation:
Suppose the production of long-distance airline flights is described by a fixed proportion production process in which three crew members (i.e., labor) are required for each aircraft (i.e., capital). If the airline operates with four crew members per plane, then we know that:
Answer:
production at this point is technically inefficient.
Explanation:
Efficient production processes requires a producer to either minimise the inputs they are using at a given output or maximise output level at a given input level.
Technical inefficiency is when input is not minimised or output maximised.
In the given instance the fixed cost (airplane) remains unchanged. However crew members can be variable.
If the airplane only requires 3 crew members and 4 crew members are now used, the company is not minimising inputs used so they are technically inefficient.
Xây dựng quá trình nghiệp vụ mua và giao nhận áp tải một lô hàng cụ thể theo dữ liệu sau
Đúng 8h ngày 30/5 nhân viên nghiệp vụ đến tổng kho KH A để mua hàng doanh nghiệp không có phương tiện vận chuyển và hàng mua phải thanh toán bằng tiền mặt. Trong hoá đơn có gì những mặt hàng sau đây
Xà phòng bột VISO 500kg đống thành 1000 gói mỗi gói 500g giá 4000đ/gói
Vải chéo hoa con công Trung Quốc khổ 80cm tổng số 2400m tổng thành 40 cuộn 1 cuộn 60m giá 5000đ/m
Bộ đồ mùa hè người lớn 100 bộ giá 20.000đ/ bộ
Đường kính trắng vạn điểm 02 tấn đóng trong 40 bao 1 bảo 50kg giá 6000đ/kg
Là nhân viên nghiệp vụ hãy mua và giao nhận lô hàng trên
Answer:
Quản lý chuỗi cung ứng là quá trình quản lý sự di chuyển của nguyên vật liệu thô và các bộ phận từ khi bắt đầu sản xuất cho đến khi giao hàng đến tay người tiêu dùng. Trong nhiều tổ chức, các quyết định về chuỗi cung ứng vận hành được đưa ra hàng trăm lần mỗi ngày ảnh hưởng đến cách sản phẩm được phát triển, sản xuất, di chuyển và bán. Mức độ phức tạp của chuỗi cung ứng thay đổi theo quy mô của doanh nghiệp cũng như mức độ phức tạp và số lượng của các mặt hàng được sản xuất, nhưng hầu hết các chuỗi cung ứng đều có các yếu tố chung, chẳng hạn như sau
Explanation:
Làm ơn đi
Cash outflows can be categorized into all of the following groups except: Multiple Choice opportunity costs associated with selecting a specific capital project. outflows associated with the initial investment. working capital commitments.
Answer:
opportunity costs associated with selecting a specific capital project.
Explanation:
The cash outflows should be classified in various kind of groups like the outflows that attached with the initial investment, commitment related to the working capital, also at the same time it increased the operating expense but does not considered the opportunity cost along with the capital project as the outflow of cash means the payment is to be done in cash but the opportunity cost is the cost that provides the benefit over the another choice
So the above statement should be the answer
Your total lottery winnings are actually worth ______________ more than the same amount as less than $20,000 to you today.
Answer:
Your total lottery winnings are actually worth __$10,000____________ more than the same amount as less than $20,000 to you today.
Explanation:
My total worth today is $ 10,000
My present worth today is less than $20,000 by $10,000
Hence, the lottery amount is more than by amount X which is equal to the difference between $20,000 and My total worth in present times
$20,000 - $10,000 = $10,000
The cost of direct materials transferred into the Rolling Department of Kraus Company is $3,000,000. The conversion cost for the period in the Rolling Department is $462,600. The total equivalent units for direct materials and conversion are 4,000 tons and 3,855 tons respectively. Determine the direct materials and conversion costs per equivalent unit.
Answer:
the direct material & conversion cost per equivalent unit is $750 per ton and $120 per ton
Explanation:
The calculation of the direct material & conversion cost per equivalent unit is given below:
Direct materials per equivalent unit is
= $3,000,000 ÷ 4,000 tons
= $750 per ton
And,
Conversion costs per equivalent unit is
= $462,600 ÷ 3,855 tons
= $120 per ton
Hence, the direct material & conversion cost per equivalent unit is $750 per ton and $120 per ton
Although direct labor and raw materials costs are treated as manufacturing costs and therefore make up part of the finished goods inventory cost, factory overhead is charged to expense as it is incurred because it is a period cost.
A. True
B. False
Answer:
B. False
Explanation:
The period cost is that cost that indirectly related to the process of the production. The sales, general and admin cost should be considerd as the period cost
So as per the given situation, the factory overhead that charged for an expense as incurred so this does not represent the period cost
Therefore the given statement is false
Which of the following businesses poses the highest degree of difficulty in e-commerce? Portals and infomediaries Businesses such as Travelocity, and those that sell digital music, and software Businesses that rely on a physical infrastructure Brick and mortar companies
Answer:
Businesses that rely on a physical infrastructure.
Explanation:
e-commerce is a short for electronic commerce and it can be defined as a marketing strategy that deals with meeting the needs of consumers, by selling products or services to the consumers over the internet.
This ultimately implies that, e-commerce is strictly based on the buying and selling of goods or services electronically, over the internet or through a digital platform. Also, the payment for such goods or services are typically done over the internet such as online payment services.
In view of the above details, businesses that rely on a physical infrastructure poses the highest degree of difficulty in e-commerce because it's only dependent online retailing.
A corporate bond returns 12 percent of its cost (in PV terms) in the first year, 11 percent in the second year, 10 percent in the third year and the remainder in the fourth year. What is the bond's duration in years?
Answer: 3.32 years
Explanation:
The remainder return in the fourth year will be calculated as:
= 1 - 0.12 - 0.11 - 0.10
= 0.67
Year 1:
Return = 12% = 0.12
Year × Return = 1 × 0.12 = 0.12
Year 2
Return = 11% = 0.11
Year × Return = 2 × 0.11 = 0.22
Year 3
Return = 10% = 0.10
Year × Return = 0.30
Year 4
Return = 0.67
Year × Return = 2.68
Bond's duration = 0.12 + 0.22 + 0.30 + 2.68 = 3.32 years
Compare a market operating at a quantity lower than equilibrium (ie. a price floor) with the same market operating at the equilibrium quantity. Which of the following statements are true?
a. A price floor will increase the producer and total surplus.
b. It is unclear if the consumer surplus is greater or less at the market operating below equilibrium.
c. A market operating below equilibrium will transfer some producer surplus to consumers
d. A market operating below equilibrium will transfer some consumer surplus to producers.
Answer:
D
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
A price floor increases producer surplus and reduces consumer surplus
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
The dead weight loss of tax can be determined by calculating the reduction in total surplus as a result of the tax
