Answer:
Personal safety equipment, commonly known as PPE, is the equipment used to minimize the risks causing severe injuries and diseases in the workplace.
Explanation:
Items like gloves, safety glasses, and shoes, earplugs or muffles, hard hats, breathing or coverings, jackets, and whole-body suits may be included in personal protective equipment.
All personal protective equipment should be designed and constructed in a safe and reliable manner. It should fit conveniently and promote the use of workers.
These wounds and diseases can be attributable to chemical, radiological, physical, electrical, mechanical, or other hazards in the workplace.
When engineering, employment practices, and administrative controls are not feasible or not sufficient, employers must provide their employees with personal protective equipment and ensure their proper utilization.
Hellman Industries is estimating the weighted average cost of capital of its new project. The company plan to finance this new project by 50 percent ordinary shares, 10 percent preference equity and rest by issuing debt. The return on FTSE 100 index is 11.4 percent and the 3 months’ treasury bills yield is 4%. The Hellman beta is 1.05. The average yield to maturity of Hellman semiannual coupon bonds is 8.3 percent. The Preference share are currently valued at £76, with a par value of £100 and an 8% dividend. The Hellman Industries is in the 40% marginal Tax bracket. a. Find the Pretax cost of Debt,
Question Completion:
a. Find the Pretax cost of Debt, cost of preference, and ordinary shares.
b. Calculate Hellman Pre- tax and after Tax WACC.
Answer:
Hellman Industries
a) Pretax cost of debt = Yield on bonds = 8.3%
b) Cost of Common equity
= 11.77%
c) Cost of preferred stock
= 10.53%
d) Pre-tax WACC
= 10.3%
e) After-tax WACC
= 8.93%
Explanation:
a) Data and Calculations:
Weight of Common stock = 50%
Weight of Preferred stock = 10%
Weight of Debts (Bonds) = 40% (100% - 50% - 10%)
Market return on common stock = 11.4%
Risk-free return (treasury bills yield) = 4%
Beta = 1.05
Average yield to maturity of Hellman semiannual coupon bonds = 8.3%
Market price of Preferred stock = £76 per share
Par value of Preferred stock = £100
Dividend rate of Preferred stock = 8%
Dividend per share = £8 (£100 * 8%)
Cost of Preferred stock = £8/£76 * 100 = 10.53%
Marginal tax rate = 40%
a) Pretax cost of debt = Yield on bonds = 8.3%
After-tax cost of debt = 8.3% (1 - 0.4) = 4.98%
b) Cost of Common equity, Re = Risk Free Rate + Beta x (Market Return - Risk Free Rate) = 4% + 1.05 x (11.4% - 4%)
= 4% + 1.05 * 7.4%
= 4% + 7.77%
= 11.77%
c) Cost of preferred stock = Dividend per share/Price * 100
= $8/$76 * 100
= 10.53%
d) Pre-tax WACC = 50% * 11.77% + 10% * 10.53% + 40% * 8.3%
= 5.885 + 1.053 + 3.32
= 10.258
= 10.3%
e) After-tax WACC = 50% * 11.77% + 10% * 10.53% + 40% * 4.98%
= 5.885 + 1.053 + 1.992
= 8.93%
The following information relating to a company's overhead costs is available.
Actual total variable overhead$73,000
Actual total fixed overhead$17,000
Budgeted variable overhead rate per machine hour$2.50
Budgeted total fixed overhead$15,000
Budgeted machine hours allowed for actual output 30,000
Based on this information, the total variable overhead variance is:_______.
Answer: $2,000 favorable
Explanation:
Total variable overhead variance = Budgeted variable overhead - Actual total variable overhead
Budgeted variable overhead = Budgeted machine hours allowed for actual output * Budgeted variable overhead rate per machine hour
= 30,000 * 2.50
= $75,000
Total variable overhead variance = 75,000 - 73,000
= $2,000 favorable
Favorable because the actual amount was less than the budgeted one.
Final goods or services used to compute GDP refer to: the value of outstanding shares of stock of manufacturing firms. the value of outstanding shares of stock of manufacturing firms. the factors of production used to produce output. the factors of production used to produce output. goods and services at the final stage of production they have reached during the year.
Answer:
goods and services at the final stage of production they have reached during the year.
Explanation:
Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country. Also, gross domestic products (GDP) is a measure of the production levels of any nation.
Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).
Hence, the gross domestic products (GDP) of a country is computed using final goods or services, which simply are goods and services at the final stage of production they have reached during the year.
In conclusion, the goods or services that are purchased by consumers (end users) are typically used for computing final goods or services.
When effective communication affected your success at work
Answer:
Being able to communicate at school and in the workplace may mean the difference between success and failure. With your peers, communication helps you to engage and find common ground, allowing you to build friendships that not only last a lifetime, but may lead to future employment opportunities.
Explanation:
An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $120; all earnings are subject to social security tax; Social security tax rate, 6%; and Medicare tax rate, 1.5%; state unemployment tax, 5.4% on the first $7,000; federal unemployment tax, 0.8% on the first $7,000. Prepare the journal entry to record the salaries expense. If required, round your answers to two decimal places. If an amount box does not require an entry, leave it blank.
Answer and Explanation:
The journal entries are shown below:
On December 31
Salary Expense $735.00
To Federal Withholding Taxes Payable $120.00
To Social Security Taxes Payable 44.10 (735 × 6%)
Medicare Taxes Payable 11.03 (735 × 1.5%)
Salaries Payable 559.87
(Being salary expense is recorded)
Here the salaries expense is debited as it increased the expense and credited the payable account as it increased the liabilities account
Working note
Regular earnings 600 (40 × 15)
Overtime earnings 135 (46 - 40) × 15 × 1.5
Gross earnings 735
On January 1, 2021, Doyle Corporation had 140,000 shares of its $5 par value common stock outstanding. On December 1, when the market price of the stock was $15, the corporation declared a 40% stock dividend to be issued to stockholders of record on December 16, 2021. What was the impact of the 40% stock dividend on the balance of the retained earnings account
Answer: Retained earnings would reduce by the $840,000 dividend.
Explanation:
Stock dividends to the shareholders is to be paid from the retained earnings of the company as it represents profits that the shareholders get because they are owners in the company.
Retained earnings spent = Number of shares * Market price * Stock dividend
= 140,000 * 15 * 40%
= $840,000
Retained earnings would reduce by the $840,000 dividend.
Can someone please help with this question ^▪︎^
Answer:
liability
Explanation:
This may also be asked as "Why are you looking for a job?" This question can make the most seasoned interviewee squirm a little because of the first word; why. A question starting with "why" immediately places you on the defensive.
Answer:
Starting a question in a job interview with the word "why" can be a little intimidating and put even a more experienced interviewee on the defensive because communication has been established directly, which occurs when the sender conveys the main message of clearly and objectively, and when it is asked in the form of a question, such as in a job interview, this can generate increased expectations and consequently put a candidate on the defensive, which can make the interviewer not able to actually capture the real motivation of the candidate in the interview.
In order for a job interview to be effective, and for the best candidate to be selected for the job vacancy, it is necessary that it be carried out indirectly, with the interviewer being cordial and not intimidating, gaining the candidate's trust and the make you feel comfortable and safe to share your professional experiences and demonstrate your personality more spontaneously.
All of the following are qualified education expenses for the Lifetime Learning Credit and American Opportunity Credit, except: _________
a) Books and Supplies.
b) Tuition and Fees.
c) Equipment.
d) Room and Board.
Answer:
d) Room and Board.
Explanation:
The only option that is not qualified as an educational expense would be Room and Board. This is because a place to stay on campus is not a necessity for learning. Tuition/Fees, Equipment, and Books/Supplies are all necessary in order to be able to attend the university and learn. Without these, it would be impossible for you as a student to learn what is needed. However, with these things you can easily travel by car, bus, or train to the faculty without the need for a room or board.
Bengal Co. provides the following unit sales forecast for the next three months: July August September Sales units 4,800 5,500 5,360 The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods inventory on June 30 is 1,200 units. The budgeted production units for July are: Multiple Choice 6,000 units. 3,600 units. 6,175 units. 2,400 units. 4,975 units.
Answer: 4,975 units
Explanation:
Budgeted production in July = Sales forecast for July + Ending inventory for July - Beginning inventory
Beginning inventory = 25% of July sales
= 25% * 4,800
= 1,200 units
Ending inventory = 25% of August sales
= 25% * 5,500
= 1,375 units
Budgeted production is therefore:
= 4,800 + 1,375 - 1,200
= 4,975 units
Nation Furniture is a furniture manufacturing facility. Its workers just signed a two-year contract. The price level in the economy has increased.
a. If the price level increases, input prices will:_____.
a) increase.
b) decrease.
c) remain constant.
b. If the price level increases, output prices will:___.
a) increase.
b) decrease.
c) remain constant.
c. In the short run, the firm will experience a(n):______.
a) increase in economic profits.
b) decrease in economic profits.
c) increase in economic loesses.
Answer:
a. c) remain constant. b. a) increase.c. a) increase in economic profitsExplanation:
a. The workers have just signed a two-year contract which means that in the short run, their wages are fixed to what was agreed to in the contract. Input prices will therefore remain constant.
b. Output prices on the other hand will increase to match the increase in price levels.
c. The company would therefore see an increase in economic profits because they are getting a higher revenue from the increased prices of outputs than they are incurring costs from the constant input prices.
Over the years, Hampton Industries' stockholders have provided $40,000,000 of capital when they purchased new issues of stock and allowed management to retain some of the firm's earnings. The firm now has 1,000,000 shares of common stock outstanding, and the shares sell at a price of $52 per share. What is Hampton's MVA(market value added)
Answer:
Hampton Industries
Hampton's Market value added (MVA) is:
= $12,000,000
Explanation:
a) Data and Calculations:
Stockholders' Equity = $40,000,000
Common stock outstanding = 1,000,000
Market price per share = $52
Market capitalization = $52,000,000 ($52 * 1,000,000)
Market value added (MVA) = $12,000,000 ($52,000,000 - $40,000,000)
b) The market value added (MVA) is the difference between the market capitalization of Hampton's stock and the capital contribution of stockholders.
Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $140,000, $240,000, and $54,000, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,000, machine hours 24,000, and number of inspections 1,200.
Required:
Compute the overhead rate for each activity.
Answer:
Machine setups= $70 per setup
Machining= $10 per machine hour
Inspection= $45 per inspection
Explanation:
To calculate the allocation rate for each activity, we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Machine setups= 140,000 / 2,000= $70 per setup
Machining= 240,000 / 24,000= $10 per machine hour
Inspection= 54,000 / 1,200= $45 per inspection
Blackwell Industries received a 120-day, 9% note for $180,000, dated August 10 from a customer on account. Assume 360-day year. Required: a. Determine the due date of the note. b. Determine the maturity value of the note. When required, round your answers to the nearest dollar. $fill in the blank abd719f5d049ff0_2 c. Journalize the entry to record the receipt of the payment of the note at maturity. If an amount box does not requ
Answer: a. 120 days
b. $185400
Explanation:
a. The due date of the note will be:
August = 31-10 = 21 days
September = 30 days
October = 31 days
November = 30 days
December = 8 days
Total = 120 days
b. The maturity value of the note will be:
= 180000 + (180000 × 9% * 120/360)
= 180000 + (180000 × 0.09 × 0.33)
= 180000 + 5346
= 185346
= 185400 to nearest dollar
3. 8 december
Debit Cash $ 185,400
Credit Note Receivable $180,000
Credit Interest Revenue $5,400
Cardinal Health bonds have an annual coupon rate of 3.4 percent and a par value of $1,000 and will mature in 7 years. If you require a 5 percent return, what price would you be willing to pay for a Cardinal bond
Annual coupon to be paid[tex]\bold{= \$1000 \times 3.4\%= \$1000 \times \frac{3.4}{100} = \$34}[/tex]
years = 7
Calculating the bond price:
[tex]= \$1000 \times PVF(5\%, 7\ years) +\$34 \times PVAF(5\%, 7\ years) \\\\= \$1000 \times 0.71068 +\$34 \times 0.17282\\\\= \$710.68 + \$5.87588\\\\= \$716.55588\\\\= \$716.56\\\\[/tex]
So, the final answer is "$716.56".
Learn more:
brainly.com/question/15570099
The quantity of money demanded is the Group of answer choices income and volume of profits that people and businesses would like to receive. average daily volume of bank account withdrawals. amount that people and businesses choose to hold. fraction of cash holdings in an average investment portfolio.
Answer:
The amount that people and businesses choose to hold.
Explanation:
The amount that people and businesses choose to hold.
The total demand for money is the total amount of money that people wants to hold and there are three main reasons for which money is being held. First is transactions related reason, second is the precautionary reason, and third is the speculative reason. The above three reasons push the people to hold the money that becomes the total demand for money.
What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk, which is used to make lattés, increased, and scientists discovered that lattés lead to a longer life expectancy? Group of answer choices The equilibrium quantity would decrease, and the effect on equilibrium price would be ambiguous. Both the equilibrium price and quantity would increase. Both the equilibrium price and quantity would decrease. The equilibrium price would increase, and the effect on equilibrium quantity would be ambiguous.
Answer:
The equilibrium price would increase, and the effect on equilibrium quantity would be ambiguous.
Explanation:
The equilibrium price would increase, and the effect on equilibrium quantity would be ambiguous.
The increase in the cost of production will decrease the supply so the supply curve will shift leftward and simultaneously the research by scientists says the consumption of lattes will increase the life expectancy so many people will start consuming t os demand curve will shift rightwards. That means equilibrium price will increase but change in quantity can not be determined.
Wanda opens a retirement account and starts with a balance of $6,000. One year later she has $6,720 in the account. During the year, the consumer price index increased from 160 to 166.4.
The nominal interest rate is ______________ % and the real interest rate is ____________ %
Consider the following information about production in quarter 1 of 2019.
Firm T produces 600 tires at a cost of $28 each, and sells 580 tires to Firm B at a cost of $37 each.
Firm B produces 290 bicycles at a total of cost of $348 each, and sells 280 bicycles to consumers for $407 each.
In this simple economy, what is the value of inventory investment?
Bob sells his 4 year old carto his cousin Bill. This _____________ count in GDP.
Joy sells her 5 year old car to CarMax. This _____________ count in GDP.
Auto Nation sells used cars for 25% more than they pay for them. This ___________ count in GDP
The nominal and the real interest rate is "12%" and "8%". A further explanation is provided below.
Given:
Future worth,
= $6,720
Present worth,
= $6,000
→ The Nominal interest rate is:
= [tex](\frac{Future \ worth}{Present \ worth})^{1/years} -1[/tex]
= [tex](\frac{6720}{6000} )^1-1[/tex]
= [tex]0.12\times 100[/tex]
= [tex]12[/tex] (%)
Now,
→ The Inflation rate will be:
= [tex]\frac{166.4}{160}-1\times 100[/tex]
= [tex]4[/tex] (%)
hence,
→ The real interest rate will be:
= [tex]Nominal \ rate - Inflation \ rate[/tex]
= [tex]12-4[/tex]
= 18
Thus the above is the right solution.
Learn more about Nominal interest rate here:
https://brainly.com/question/13324776
You invent of a new type of dog leash. You choose a market segmentation approach and decide to target the large national population of dog owners. After reviewing what identifies an ideal market you realize your segmentation approach does not meet any of the effective segmentation conditions. At this point you should:
Answer:
refine your approach by going back to the drawing board
Explanation:
Considering the scenario described above in the question, the best thing to do is "refine your approach by going back to the drawing board."
This will give you the chance and opportunity to look for a better plan, then find a perfect segmentation approach that really meets and satisfy all of the effective segmentation conditions.
what is reductionasim
Answer:
Thus, the ideas that physical bodies are collections of atoms or that a given mental state (e.g., one person's belief that snow is white) is identical to a particular physical state (the firing of certain neurons in that person's brain) are examples of reductionism.
Explanation:
Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses:
Airfare $ 520
Lodging 3,200
Meals 800
Entertainment of clients 640
How much of these expenses can Jordan deduct?
The expenses that Jordan can deduct is $3,731.
This is the amount that she can deduct as business expenses for this trip from New York to Denver.
Data and Calculations:
Expenses incurred on the trip for both business and private purposes:
Lodging 3,200
Meals 800
Total $4,000
Travel days = 2 days
Business days = 9 days
Visiting friends = 5 days
Total days spent conducting business and visiting friends = 14 days
Business portion of the above expenses = 9/14
Amount to be deducted as business expenses is calculated as follows:
Portion of the above total expense = $2,571 ($4,000 ( 9/14)
Airfare 520
Entertainment of clients = 640
Total amount that Jordan can deduct = $3,731
Thus, Jordan can deduct $3,731 of her expenses for the business trip.
Learn more about deductible business trip expenses here: https://brainly.com/question/15127637
Team Sports has 4.9 million shares of common stock outstanding, 2.9 million shares of preferred stock outstanding, and 29 thousand bonds. If the common shares are selling for $3.90 per share, the preferred share are selling for $15.9 per share, and the bonds are selling for 98.91 percent of par, what would be the weight used for common stock in the computation of Team's WACC
Answer:
The weight used for common stock in the computation of Team's WACC is 20.35%.
Explanation:
Since par value of a bond is $1,000, we have:
Bond selling price = Bond par value * Selling price percentage = $1,000 * 98.91% = $989.10
the weight used for common stock in the computation of Team's WACC can be calculated as follows:
Value of common stock = Number of shares of common stock outstanding * Common stock price per share = 4,900,000 * $3.90 = $19,110,000
Value of preferred stock = Number of shares of preferred stock outstanding * Preferred stock price per share = 2,900,000 * $15.9 = $46,110,000
Value of bond = Number of bonds * Bond selling price = 29,000 * $989.10 = $28,683,900
Team's total value = Value of common stock + Value of preferred stock + Value of bond = $19,110,000 + $46,110,000 + $28,683,900 = $93,903,900
Therefore, we have:
Weight of common stock = Value of common stock / Team's total value = $19,110,000 / $93,903,900 = 0.2035, or 20.35%
Therefore, the weight used for common stock in the computation of Team's WACC is 20.35%.
What is the IRR, assuming an industrial building can be purchased for $250,000 and is expected to yield cash flows of $18,000 for each of the next five years and be sold at the end of the fifth year for $280,000
Answer:
9.2%
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
Cash flow in year 0 = $-250,000
Cash flow in year 1 = $18,000
Cash flow in year 2 = $18,000
Cash flow in year 3 = $18,000
Cash flow in year 4 = $18,000
Cash flow in year 5 = $18,000 + $280,000
IRR = 9.2%
To determine IRR using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the IRR button and then press the compute button.
Assume that, on January 1, 2021, Sosa Enterprises paid $2,140,000 for its investment in 33,000 shares of Orioles Co. Further, assume that Orioles has 110,000 total shares of stock issued and estimates an eight-year remaining useful life and straight-line depreciation with no residual value for its depreciable assets. At January 1, 2021, the book value of Orioles' identifiable net assets was $7,160,000, and the fair value of Orioles was $10,000,000. The difference between Orioles' fair value and the book value of its identifiable net assets is attributable to $1,900,000 of land and the remainder to depreciable assets. Goodwill was not part of this transaction. The following information pertains to Orioles during 2021: Net Income $ 400,000 Dividends declared and paid $ 240,000 Market price of common stock on 12/31/2021 $ 80 /share What amount would Sosa Enterprises report in its year-end 2021 balance sheet for its investment in Orioles Co.
Answer:
$2,152,750
Explanation:
Calculation to determine What amount would Sosa Enterprises report in its year-end 2021 balance sheet for its investment in Orioles Co.
Acquisition price for 30% share $2,140,000
($33,000 / $110,000 * 100=30%)
Add: Net income $120,000
($ 400,000 * 30%)
Less: Dividend ($72,000)
($240,000 * 30%)
Less: Excess depreciation ($35,250)
($940,000 / 8 yrs*30%)
[$10,000,000-$7,160,000-$1,900,000)=$940,000]
Investment reported in Balance $2,152,750
Therefore the amount that Sosa Enterprises would report in its year-end 2021 balance sheet for its investment in Orioles Co is $2,152,750
In the two-country model of international labor mobility:________
A) the long-run equilibrium assumes countries' policies place significant restrictions on migration.
B) the long-run equilibrium assumes that desired migration exceeds actual migration.
C) the long-run equilibrium assumes that actual migration exceeds desired migration.
D) the long-run equilibrium is the result of a divergence of the real wages in the two countries.
E) the long-run equilibrium assumes that desired and actual migration are equal.
Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $178,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $36,562.
What is its approximate internal rate of return? (Round answer to 0 decimal place, e.g. 13%.)
Internal rate of return
Answer: 10%
Explanation:
You can use Excel to solve for this.
The investment will be in negative as shown below.
Input the increase in net annual cash flows 7 times to represent 7 years.
IRR = 9.9999%
= 10%
If the United States passed a tariff on imported steel which of the following would directly benefit?
A. Foreign steal companies
B. All Americans would benefit because of the lower price for steel
C. Businesses which imports steel
D. American steel producers
businesses which imports steel C
Elbert uses FedEx in a scheme to defraud Global Sales Company by obtaining merchandise to which he is not entitled. Found guilty of mail fraud, Elbert can be punished by
Answer: None of the choices.
Explanation:
The options to the question are:
a. imprisonment for up to fifty years.
b. imprisonment for up to twenty years and/or fines.
c. fines up to $5 million.
d. none of the choices
Based on the questions asked, the options provided aren't correct. It should be noted that Elbert can be punished by imprisonment in this case for a period of your to about five years as well as a fine of up to $1000.
Annual interest rate 4.00%
Loan Amount 4923275
Years 7
Grace Period 2 Years
Loan Period 5 Years
Total 7 Years
Project 1.5 years (development or initial investment period)
further 10 years of operation (life of the project)
Repayable in 5 equal installments.
I need figures for interest expense, interest paid, and principal repayment. Anyone can help me?
Answer:
formula is PRT÷10
Explanation:
so solve it
Which of the following are wholesale and which are retail?
(a ) large-scale deposites made by Firms at negotiated rates of in interest. ...........(retail to wholesales)
(b) Loans made by high Street banks at published rates of interest........ (retail (wholesales)
(c) Deposite in savings accounts high street banks .................(retail /wholesales)
(d) Deposite in savings accounts in building Societies ............. (retail/Wholesale)
(e) Large-scale loans to industry syndicated through several banks........... (retail/ Wholesale)
E=whole sale
B=retail
D=retail
A=whole sale
C=whole sale
