Answer:
f(x) approaches infinity as x approaches infinity
Explanation:
Given
[tex]f(x) = 3x^6 + 30x^5+ 75x^4[/tex]
Required
The end behavior of the graph
We have:
[tex]f(x) = 3x^6 + 30x^5+ 75x^4[/tex]
The above expression implies that:
[tex]f(x) = 3x^6 + 30x^5+ 75x^4[/tex]
The leading coefficient is 3 (3 is positive)
And the degree of the polynomial is 6 (6 is even)
When the leading coefficient is positive and the degree is even; the end behavior of the function is:
[tex]x \to \infty[/tex]
[tex]f(x) \to \infty[/tex]
Ideally, a profit oriented firm desires to denominate bonds in a currency that: ________.
a. Exhibits a low interest rate and is expected to depreciate.
b. Exhibits a high interest rate and is expected to depreciate.
c. Exhibits a low interest rate and is expected to appreciate.
d. Exhibits a high interest rate and is expected to appreciate.
Answer: exhibits a low interest rate and is expected to depreciate.
Explanation:
Bonds are the debt securities which are issued by the governments or corporations, and usually have a lower risk and reward than stocks.
A profit oriented firm desires to denominate bonds in a currency that exhibits a low interest rate and is expected to depreciate.
A 3-year bond has an 8.0% coupon rate and a $1,000 face value. If the yield to maturity on the bond is 10%, calculate the price of the bond assuming that the bond makes semiannual coupon payments.
Answer:
$738.68
Explanation:
the price of the bond is $738.68.
The business cycle measures fluctuations in the long-run trend growth rate of GDP. fluctuations in the profit of businesses. fluctuations in consumption. short-run fluctuations in economic activity. fluctuations in the average tax rate paid by businesses.
Answer: short-run fluctuations in economic activity.
Explanation:
The business cycle helps explain fluctuations in economic activity within a period of time which makes it a short run measure. The cycle consists of expansion phases and recession phases which show that economic activity seems to expand and then go into a recession overtime.
The lowest point in the recession is called the depression and when this happens, the economy hits rock bottom and starts to expand after some time. This is what happened with the Great Depression and the Great Recession. The height of the expansion is the peak and here, the economy is at its most successful.
Adel wants to get $100 immediately to pay for concert tickets. He currently has no cash or income, but he has a nice gold watch that is worth $500. He is looking for a place to loan him the $100 by using his watch as collateral. Even though it can be risky, what type of business could best meet Adel’s needs? A. rent-to-own service B. pawnshop C. check cashing business D. payday loan business
Correct Answer: pawnshop
The type of business could best meet Adel’s needs "Pawnshop" where short-term loans individuals can use valuable items like his gold watch as collateral. The correct option is B.
He repays the loan along with interest within a specified period, he can retrieve his watch. Pawnshops are designed to offer immediate cash based on the value of the pledged item.
This solution suits Adel's situation as he can secure the funds he needs for the concert tickets using his watch as collateral even though it involves some risk due to the possibility of losing the watch if he doesn't repay the loan.
Therefore, the correct option is B.
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Chris plans on saving $4,000 a year at 4 percent interest for five years. Which one of these is the correct formula for computing the future value at Year 5 of these savings? Assume the payments occur at the end of each year. Click the answer you think is right. FVA $4,000 x [(1.04-1)10.04] FVA $4,000 x [(1.04-1)/0.04 FVA $4.000 x 1.04 FVA, $4,000 x [(1.04 -1/.04] x (1.04)
Answer: Closest answer is: FVA $4,000 x [(1.04-1)/0.04
Explanation:
Because the deposit is constant and occurs every period, it is an annuity.
The formula for the future value of an annuity is:
= Annuity * ( (1 + rate)^number of periods - 1) / rate
Correct formula is therefore:
= 4,000 * ( ( 1 + 4%)⁵ - 1) 4%+
= 4,000 * ( 1.04⁵ - 1 ) / 0.04
Closest answer is: FVA $4,000 x [(1.04-1)/0.04
Why is it so crucial to ascertain correct/accurateWhy is it so crucial to ascertain correct/accurate market information in your market research market information in your market research prior to carrying out a feasibility study?
Answer:
It is important because it can help identify potential obstacles that may impede its operations and recognize the amount of funding it will need to get the business up and running.
Explanation:
It is very crucial to ascertain accurate market information in your market research before carrying out a feasibility study so as to help identify possible obstacles that would impeded the business and also to know the amount needed for funding.
Nadal Inc. had two temporary differences at the end of 2013. The first difference stems from installment sales, and the second one results from the accrual of a loss contingency. Nadal's accounting department has developed a schedule of future taxable and deductible amounts related to these temporary differences as follows:
Taxable amounts:
2014 $40,000
2015 $50,000
2016 $60,000
2017 $80,000
Deductible amounts:
2014 $0
2015 $(15,000)
2016 $(19,000)
2017 $0
As of the beginning of 2013, the enacted tax rate is 34% for 2013 and 2014, and 38% for 2015-2018. At the beginning of 2013, the company had no deferred income taxes on its balance sheet. Taxable income is expected in all future years.
A. Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2013.
B. Indicate how deferred income taxes would be classified on the balance sheet at the end of 2013.
Answer:
72,880
Explanation:
Given:
Taxable amounts are as follows,
2014$40,000
2015$50,000
2016$60,000
2017$80,000
Deducible amounts are as folllows,
2014$0
2015$(15,000)
2016$(19,000)
2017$0
Solution:
Taxable amount is as follows,
2014$40,000-34%-13,600
2015$35,000-38%-13,300
2016$41,000-38%-15,580
2017$80,000-38%-30,400
Therefore the deferred liability 72,880
To income tax provision 72,880
This would be shown as deferred tax liability under the long term liabilities head with amount of $72,880
Suppose you invest equal amounts in a risky asset with an expected return of 16% and a standard deviation of returns of 18% and a risk-free asset with an interest rate of 4%. Calculate the standard deviation of the returns on the resulting portfolio.
Answer:
The answer is "[tex]10\%[/tex]".
Explanation:
You are equivalent investors in 16 percent of a portfolio and 4 percent of a risk-free asset. A weighted mean of these two will become the predicted return.
[tex]= \text{(Portfolio weight} \times \text{Return portfolio)} + \text{(Portfolio weight}\times \text{risk-free)}\\\\[/tex]
[tex]= (0.5 \times 16\%) + (0.5 \times 4\%)\\\\= (0.5 \times \frac{16}{100}) + (0.5 \times \frac{4}{100})\\\\= \frac{8}{100} + \frac{2}{100}\\\\= \frac{8+2}{100}\\\\= \frac{10}{100}\\\\= \frac{1}{10}\\\\= \frac{1}{10} \times 100\\\\=10\%[/tex]
Other things equal, diversification is most effective when Group of answer choices Securities returns are uncorrelated. Securities' returns are high. Both securities' returns are positively correlated and securities' returns are high. Securities' returns are positively correlated. You hold equal proportions of each security in a portfolio.
Answer:
Securities returns are uncorrelated.
Explanation:
Portfolio diversification is the process of holding different asset and security classes in order to minimise the non systemic risk of the portfolio
Non systemic risk are risks that can be diversified away. they are also called company specific risk. Examples of this type of risk is a manager engaging in fraudulent activities.
Correlation is a statistical measure used to measure the relationship that exists between two variables.
1. Positive correlation : it mean that the two variables move in the same direction. If one variable increases, the other variable also increases.
For example, there should be a positive correlation between quantity supplied and price
When there is a positive correlation, the graph of the variables is upward sloping
2. Negative correlation : it mean that the two variables move in different direction. If one variable increases, the other variable decreases.
For example, there should be a negative correlation between quantity demanded and price
When there is a negative correlation, the graph of the variables is downward sloping
3. Zero correlation : there is no relationship between the variables
In order to achieve the highest benefit of diversification, there should be no relationship between the assets in the portfolio
The management of Felipe Inc. is reevaluating the appropriateness of using its present inventory cost flow method, which is average-cost. The company requests your help in determining the results of operations for 2020 if either the FIFO or the LIFO method had been used. For 2020, the accounting records show these data:
Question Completion:
Inventories:
Beginning 9,940 units $19,880
Ending 24,140 units
Total net Sales (255,600 units) $1,060,740
Cost of goods purchased (269,800 units) $867,620
Quarterly Purchases:
Quarters Units Unit Costs Total Costs
1 71,000 $2.98 $211,580
2 56,800 3.10 176,080
3 56,800 3.26 185,168
4 85,200 3.46 294,792
Answer:
Felipe Inc.
Income Statement for the year ended December 31, 2020:
FIFO LIFO
Sales Revenue $1,060,740 $1,060,740
Cost of goods sold 803,976 825,304
Operating results $256,764 $235,436
Explanation:
a) Data and Calculations:
Quarters Units Unit Costs Total Costs
Beginning 9,940 $2.00 $19,880
1 71,000 $2.98 211,580
2 56,800 3.10 176,080
3 56,800 3.26 185,168
4 85,200 3.46 294,792
Total 279,740 $887,500
Units sold 255,600
Ending inventory = 24,140 (279,740 - 255,600)
FIFO:
Cost of goods sold
= Cost of goods available for sale - Ending inventory
= $803,975.60 ($887,500 - $83,524.40)
Ending Inventory:
= $83,524.40 (24,140 * $3.46)
LIFO:
Cost of goods sold
= Cost of goods available for sale - Ending inventory
= $825,304 ($887,500 - $62,196)
Ending Inventory:
= (9,940 * $2.00) + (14,200 * $2.98)
= ($19,880 + $42,316)
= $62,196
will lie above the marginal product curve for the firm with less capital. must equal the marginal product curve for the firm with less capital. will lie below the total marginal curve for the firm with less capital. will show no diminishing marginal returns.
Answer:
busineess would have to chnage that
How to evaluate the creditworthiness of customers both individual consumers and business customers?
Answer:
Here are six ways to determine creditworthiness of potential customers.Assess a Company's Financial Health with Big Data. ..Review a Businesses' Credit Score by Running a Credit Report. ...Ask for References. ..check the Businesses' Financial Standings. ...Calculate the Company's Debt-to-Income Ratio. ...Investigate Regional Trade Risk.Explanation:
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Answer:
The three most commonly used credit reporting agencies that measure creditworthiness are Experian, TransUnion, and Equifax.
Credit helps you purchase a home, lease a car, rent an apartment, etc. Credit is very important, but also very dangerous. Mistakes you make will have a lasting impact that will stay on your credit report for years. NEVER max out a credit card, it will greatly impact your score and any future loans you need for the next several years following the max out.
Credit, in my experience and opinion, is really for lenders to see how responsible of a spender you are.
Explanation:
My answer for Plato
Please helpppppppp (sorry Need to get the word limit in)
Answer:
i guess c By creating multilateral trade agreement . i am not sure if its correct or not .
The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year:
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter
Units to be produced 10,400 9,400 11,400 12,400
Each unit requires 0.25 direct labor-hours and direct laborers are paid $12.00 per hour. In addition, the variable manufacturing overhead rate is $1.70 per direct labor-hour. The fixed manufacturing overhead is $84,000 per quarter. The only noncash element of manufacturing overhead is depreciation, which is $24,000 per quarter.
Required:
1. Prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
2. Prepare the company’s manufacturing overhead budget.
Answer and Explanation:
The preparation is presented below:
1. For Direct labor budget
Particulars 1st quarter 2nd quarter 3rd quarter 4th quarter Year
Production Units 10400 9400 11400 12400 43600
direct labor time
per unit (hr) 0.25 0.25 0.25 0.25 0.25
Total direct labor
hour needed 2600 2350 2850 3100 10900
direct labor cost
per hour 12 12 12 12 12
Total direct
labor cost 31200 28200 34200 37200 130800
2. For Manufacturing overhead budget
Particulars 1st quarter 2nd quarter 3rd quarter 4th quarter Year
Variable
manufacturing overhead 4420 3995 4845 5270 18530
Fixed manufacturing
overhead 84000 84000 84000 84000 336000
Total manufacturing
overhead 88420 87995 88845 89270 354530
Less: depreciation -24000 -24000 -24000 -24000 -96000
cash disbursement
for manufacturing overhead 64420 63995 64845 65270 258530
g Taraj is considering changing careers. She has heard about opportunities with supply chain, but is unsure what the industry really is. How would you describe a supply chain?
Answer:
A supply chain refers to a network that involves the production and delivery of goods or services from the manufacturer to the end user (consumer).
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The key principle of supply chain management can be best summed up as collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
Generally, the four (4) stages of a supply chain include the following;
I. Supply management.
II. Supply chain management.
III. Supply chain integration.
IV. Demand-supply collaboration.
Many business leaders today give up having a private office, and instead work at a desk or cubicle in the middle of the work area to be among other employees. What effect do you think this work area placement has on their power
Answer:
Napoleon once ordered his men on a near suicidal charge against the Austrians and they did exactly what he told them to because they were so inspired by him. This inspiration came from the fact that even though he was their commander, he was on the front lines with them and personally overseeing the artillery bombardment of the enemy.
This is the kind of effect that the business leader staying in the middle of the work area can have. The leader would be amongst their subordinates and by working hard, could inspire them to work hard themselves. This would increase the respect that the employees have of the leader and by extension, the leader's power over them.
Should the leader turn out to be lazy however, an opposite situation could result where the leader's power is diminished as their laziness would be on full display for the workers. who would then lose respect for the leader.
as students, what plan can you suggest to prevent the spread of these observable practices in your community
Answer:
[tex]\\ \dashrightarrow \:\bf \red{ ( 0.2×336)× (t-30) = (0.5×4.2×10³×30)}[/tex]
On January 1, a machine with a useful life of 5 years and a salvage value of $15000 was purchased for $115000. What is the depreciation expense for year 2 under straight-line depreciation
Answer:
Annual depreciation (year 2)= $20,000
Explanation:
Giving the following information:
Purchase price= $115,000
Salvage value= $15,000
Useful life= 5 years
To calculate the annual depreciation under the straight-line method, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (115,000 - 15,000) / 5
Annual depreciation= $20,000
Classifying Liability-Related Accounts into Balance Sheet or Income Statement Indicate the proper financial statement classification (balance sheet or income statement) for each of the following liability-related accounts. Account Financial Statement a. Gain on Bond Retirement Answer Income statement b. Discount on Bonds Payable Answer Balance sheet c. Mortgage Notes Payable Answer Balance sheet d. Bonds Payable Answer Balance sheet e. Bond Interest Expense Answer Income statement f. Bond Interest Payable (due next period) Answer Balance sheet g. Premium on Bonds Payable Answer Balance sheet h. Loss on Bond Retirement Answer Income statement Check
Answer:
Income Statement:
Gains and expenses for the period go to the income statement so the accounts that go here include:
a. Gain on Bond Retirement
e. Bond Interest Expense
h. Loss on Bond Retirement
Balance sheet:
All liabilities go to the Balance sheet.
b. Discount on Bonds Payable
c. Mortgage Notes Payable
d. Bonds Payable
f. Bond Interest Payable (due next period)
g. Premium on Bonds Payable
A company issues $60,000 of 6%, 5-year bonds dated January 1 that pay interest semiannually on June 30 and December 31 each year. If the issuer accepts $62,000 for the bonds, the premium on bonds payable will (increase/decrease) total interest expense recognized over the life of the bond by $ .
Answer:
Decrease, $2,000
Explanation:
The premium on bonds payable will decrease total interest expense recognized over the life of the bond by $2,000. The difference between the face value & the issue value $2,000 ($62,000 - $60,000) should be amortize over a period of time and of which is reduced from interest expense.
Mannix Corporation stock currently sells for $80 per share. The market requires a return of 10 percent on the firm's stock. If the company maintains a constant 6 percent growth rate in dividends, what was the most recent dividend per share paid on the stock
Answer: $3.02
Explanation:
The Gordon growth method can help solve this:
Formula is:
Price of stock = (Most recent dividend * (1 + growth rate)) / (required return - growth rate)
80 = ( D * ( 1 + 6%)) / (10% - 6%)
80 = 1.06D / 4%
1.06D = 80 * 4%
D = 3.2 / 1.06
D = $3.02
Ajax Inc. was formed on April 25 and elected a calendar year for tax purposes. Ajax paid $13,200 to the attorney who drew up the articles of incorporation and $7,100 to the CPA who advised the corporation concerning the accounting and tax implications of its organization. Ajax began business operations on July 15. To what extent can Ajax deduct its $20,300 organizational costs on its first tax return
Answer: $5510
Explanation:
For organizations cost up to $50,000, there'll be a deduction of $5000. The remaining non deductible expense will then be spread out for 180 months. Here, the non deductible cost will be:
= ($13200 + $7100) - $5000
= $20300 - $5000
= $15300
The capitalized cost will then be:
= $15300 / 180
= $85 per month.
Since there's an ammortization of 6 months from July, then the capitalized cost will be:
= $85 × 6
= $510
Therefore, the amount that should be deducted on its first tax return will be:
= $5000 + $510
= $5510
traight-line depreciation is a typical example of a: Multiple Choice curvilinear cost. mixed cost. variable cost. fixed cost. step-variable cost.
Answer:
fixed cost.
Explanation:
Straight-line depreciation is a typical example of a fixed cost.
What is the net effect on a firm's working capital if a new project requires: $41,375 increase in inventory, $35,370 increase in accounts receivable, $35,000.00 increase in machinery, and a $44,016 increase in accounts payable
Answer: $32,729
Explanation:
Net working capital for a period is the current assets of the company less the current liabilities.
Change in Net Working capital is:
= Increase in inventory + Increase in accounts receivable - Increase in Accounts payable
= 41,375 + 35,370 - 44,016
= $32,729
Merchandise inventory: A. Is a long-term asset. B. Is a current asset. C. Includes supplies. D. Is classified with investments on the balance sheet. E. Must be sold within one month.
Merchandise Inventory is classified into the financial statements of a company as a current asset.
What is a current asset?The kind of asset whose benefits are fully utilized by the company within a year and do not last for more than a year in the company's financial statements are known as current assets.
Hence, option B states about current assets.
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A company makes a payment of $4,680 towards one-year insurance premium on March 1. Calculate the amount of prepaid insurance that should be reported on the August 31 balance sheet with respect to this policy.
Answer: $2,340
Explanation:
The total annual insurance is $4,680. This is prepaid insurance however and will need to be apportioned to months within the year in order to be recognized as an expense as the months go by.
The monthly insurance will be:
= 4,680 / 12 months
= $390
From March 1 to August 31 is 6 months. Total insurance recognized will be:
= 390 * 6
= $2,340
The adjusted trial balance for Cowboy Company follows: Cowboy Company Adjusted Trial Balance December 31, 2020 ACCOUNT NAMEDEBITCREDIT Cash 156,750 Accounts Receivable 4,500 Prepaid Rent 7,800 Building 145,000 Accumulated Depreciation - Building 65,000 Accounts Payable 5,500 Salaries Payable 1,300 Interest Payable 2,000 Unearned Revenue 24,000 Notes Payable 60,000 Cowboy, Capital 98,000 Cowboy, Withdrawals 22,000 Fees Earned 156,000 Wages Expense 35,000 Rent Expense 20,100 Supplies Expense 7,800 Utilities Expense 3,600 Depreciation Expense 9,000 Interest Expense 250 Totals411,800411,800 Prepare the closing journal entries
Answer:
Cowboy Company
Closing Entries:
Debit Fees Earned 156,000
Credit Income Summary 156,000
To close the revenue account to the income summary.
Debit Income Summary 75,750
Credit:
Wages Expense 35,000
Rent Expense 20,100
Supplies Expense 7,800
Utilities Expense 3,600
Depreciation Expense 9,000
Interest Expense 250
To close the expenses to the income summary.
Debit Net Income 80,250
Credit Cowboy, Capital 80,250
To close the income summary to the Capital account.
Explanation:
a) Data and Calculations:
Cowboy Company
Adjusted Trial Balance
December 31, 2020
ACCOUNT NAME DEBIT CREDIT
Cash 156,750
Accounts Receivable 4,500
Prepaid Rent 7,800
Building 145,000
Accumulated Depreciation - Building 65,000
Accounts Payable 5,500
Salaries Payable 1,300
Interest Payable 2,000
Unearned Revenue 24,000
Notes Payable 60,000
Cowboy, Capital 98,000
Cowboy, Withdrawals 22,000
Fees Earned 156,000
Wages Expense 35,000
Rent Expense 20,100
Supplies Expense 7,800
Utilities Expense 3,600
Depreciation Expense 9,000
Interest Expense 250
Totals 411,800 411,800
everyone makes mistakes sometimes. when we ask your most recent manager what types of mistakes you would be least likely to make on the job what will they say
Answer:
needs to be more spefic
Explanation:
Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,300 and will produce cash flows as follows:
End of Year Investment
A B
1 $8,300 $0
2 8,300 0
3 8,300 24,900
The present value factors of $1 each year at 15% are: __________
Consider the following data and then calculate the half-life for this particular isotope:
Time Activity (cpm)
0 days 320,000
40 days 216,100
100 days 120,000
(A) 35.2 days.
(B) 75.6 days.
(C) 70.6 days.
(D) 62.9 days.
(E) None of these.
Answer:
D. 62.9 days
Explanation:
Half Life Cpm activity:
320,000 / 2 = 160,000
At 100 days cpm is 120,000 then cpm 160,000 will be at 62.9 days.
[320,000 - 216,100] / 40 days = 2,597.5
160,000 / 2,597.5 = 62.9 days.
