Answer:
a) -1.10%
Explanation:
To calculate the holding period return we will use the foloowinf formula
Holding Period return = ( Dividend Income + Price appreciation ) / Initial price
Where
Dividend Income = $1.67
Price appreciation = Selling Price - Initial price = $46.20 - $48.40 = -$2.20
Initial Price = $48.40
Placing the above values in the formula of Holding period return
Holding period return = ( $1.67 + ( -$2.2 ) ) / $48.40
Holding period return = ( $1.67 - $2.2 ) / $48.40
Holding period return = -$0.53 / $48.40
Holding period return = -0.01095
Holding period return = -1.095%
Holding period return = -1.10%
Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,600 account of a customer, C. Green. On March 9, it receives a $1,100 payment from Green.
1. Prepare the journal entry or entries for January 31
2. Prepare the journal entry or entries for March 9; assume no additional money is expected from Green.
Answer: Please see explanation for answers
Explanation:
1. Journal entry to record bad debt on January 31st
Date Account Titles and Explanation Debit Credit
Jan. 31st Allowance for doubtful account $1,600
Account receivables ( Customer C. Green) $1.600
2. Journal entry to record recovery of bad debt on March 9
A) To reinstate Amount previously written off
Date Account Titles and Explanation Debit Credit
March 9 Account receivables ( Customer C. Green) $1,100
Allowance for doubtful account $1,100
B) To record payment of account
Date Account Titles and Explanation Debit Credit
March 9 Cash $1,100
Account receivables( Customer C. Green) $1,100
Company Earnings per Share Market Value per Share
Hilton $ 12.00 $ 176.40
SPG 10.00 96.00
Hyatt 7.50 93.75
Accor 50.00 250.00
Compute the price-earnings ratio for each of these four separate companies.
Price-Earnings Ratio
Company Choose Numerator: Divided by Choose Denominator: Price-Earnings Ratio Price-earnings ratio
Hilton
SPG
Hyatt
Accor
Answer:
Price-Earnings Ratio = Market Value Per Share / EPS
Hilton Price-Earnings Ratio = 176.40 / 12
Hilton Price-Earnings Ratio = $14.7
SPG Price-Earnings Ratio = 96.00 / 10.00
SPG Price-Earnings Ratio = $9.6
Hyatt Price-Earnings Ratio = 83.75 / 7.50
Hyatt Price-Earnings Ratio = $12.5
Accor Price-Earnings Ratio = 250.00 / 50.00
Accor Price-Earnings Ratio = $5.0
Which activity does the IRS allow nonprofit organizations to engage in?
advertising tax deductions for donations
compensating business owners based on profits
selling pharmaceuticals if it is a healthcare organization
increasing the value of shareholder’s investments
Will give brainliest to correct answer!
Answer: advertising tax deductions for donations
Explanation:
The activity does the IRS allow nonprofit organizations to engage in is
advertising tax deductions for donations.
What is IRS?It stands for Internal revenue service that administered the federal tax laws. In this, it contains the processing of tax return, tax payer service, and the enforcement.
So based on this, we can say that The activity does the IRS allow nonprofit organizations to engage in is advertising tax deductions for donations.
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Retained earnings can be decreased by all of the following except for Group of answer choices stock splits. some disposals of treasury stock. stock dividends. cash dividends.
Answer:
stock splits.
Explanation:
Retained earnings also known as accumulated earnings, can be defined as the total amount of net income held by a corporation for its future use after paying out dividends to its shareholders.
The retained earnings statement refers to a financial statement that enumerate changes in retained earnings for an organization over a specific period of time. The retained earnings statement is the statement of owner's equity that outlines details of changes in the amount of retained earnings (profits) over a specified period in an organization.
The main purpose of preparing a retained earnings statement is to boost investor's confidence and improve market value.
Retained earnings can be decreased by the following; some disposals of treasury stock, stock dividends, cash dividends except for stock splits.
Marginal revenue: A) is the slope of the average revenue curve. B) equals the market price in perfect competition. C) is the change in quantity divided by the change in total revenue.
Answer:
B) equals the market price in perfect competition.
Explanation:
Marginal revenue can be defined as the amount of money (revenue) generated from the sales of an additional unit of a product.
In a perfectly competitive market in long-run equilibrium, a long-run equilibrium avails firms the opportunity to adjust all inputs and all fixed costs are maximized. Also, it's characterized by free entry and exit, as such there isn't a fixed number of firms. This simply means that, since the number of firms in a long-run equilibrium can change, a firm must exit the market as a result of losses i.e when the firm is unable to cover its fixed costs in the long-run while new firms are allowed entry into the market when it anticipates potential profits or gains.
Hence, marginal revenue equals the market price in perfect competition.
Who are the most aggressive of the types we looked at?
If you become nervous in an interview and lose your train of thought, you should _____.
just keep talking
pause and take a deep breath
laugh it off
ask for a glass of water
Explanation:
pause and take a deep breath
an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.
Answer:
fall is the answer for both blanks
Piper Pipes has the following inventory data: July 1 Beginning inventory 20 units at $120 5 Purchases 120 units at $112 14 Sale 80 units 21 Purchases 60 units at $115 30 Sale 56 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a LIFO basis?
a. $15,392.
b. $15,412.
c. $7,328.
d. $7,348.
Answer:
COGS= $15,412
Explanation:
Giving the following information:
July 1 Beginning inventory 20 units at $120
July 5 Purchases 120 units at $112
July 14 Sale 80 units
July 21 Purchases 60 units at $115
July 30 Sale 56 units
First, we need to calculate the number of units sold:
Units sold= 136
To calculate the cost of goods sold using LIFO (last-in, first-out), we need to use the cost of the last units incorporated into inventory:
COGS= 60*115 + 76*112
COGS= $15,412
Question 10 of 10
Harland just got his second major credit card, so his credit score rose from
671 to 711. According to the following table for a $150,000 mortgage, how
much less per year would Harland have to pay on a $150,000 mortgage with
the new credit score?
FICO
score
720-850
Interest
rate
5.59%
Monthly
payment
$860
700-719
5.71%
$872
$924
675-699
6.25%
7.40%
620-674
560-619
500-559
8.53%
$1039
$1157
$1238
9.29%
Answer: 2004
Explanation:
Brian Inc. borrowed $8,000 from First Bank and signed a promissory note. What entry should Brian Inc. record?
Answer:
Dr Notes Receivable $8,000
Cr Cash $8,000
Explanation:
Based on the information given we were told that Brian Inc. borrowed the amount of $8,000 from First Bank in which they signed a promissory note which means that the journal entry that Brian Inc. should record the transaction is :
Dr Notes Receivable $8,000
Cr Cash $8,000
Payb- Based on the information below, calculate the payback period. (4 points) Show and label your work. Investment $700,000 Required rate of return 12% Depreciation method Straight Line Useful life 5 years Residual value $20,000 Estimated net cash inflows per year for five years $150,000 2. Based on your answer in part 1, would you accept or reject this project? Why?
Answer:
4.7 years
The project would be accepted because the amount invested in the project would be recovered within the useful life
Explanation:
Payback period is the time it takes to recover the amount invested in a project from its cumulative cash flows
Payback period = amount invested / cash flows
$700,000 / $150,000 = 4.7 years
The project would be accepted because the amount invested in the project would be recovered within the useful life
The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day. The average lead time to get a shipment of flour is 9 days with a standard deviation of 2 days. The owner of the bakery wants to maintain a service level of 95%.
z-value Probability
1.63 .9485
1.64 .9500
1.65 .9505
1.66 .9515
1.67 .9615
Which one of the following is true about the reorder point for flour?
Answer:
The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day is explained below in detail.
Explanation:
In my practice, it doesn't save capital, but it's still deserving it because it's wholesome and better than reserve purchased at the same amount.
For me, 1kg of all-purpose powder yields 1.6kg of bread (as two cubes). Each 13x4x4" (Pullman) loaf measures about 800 grams after freezing and yields between 22-30 slices related to its width. The value per loaf is under $1.00 and incorporates all components, charge, and electricity for mixing, baking, slicing.
I've created a few hundred loaves based on modifications of this formula:
% grams cost calories sodium protein fat sugar
all-purpose powder 100 500 0.417 1833 0 50 17 0
instant yeast 0.8 4 0.067 16 0 0 0 3
non-fat dry milk 4 20 0.203 70 0 7 10 109
sugar 4 20 0.019 75 0 0 20 0
canola oil 10 50 0.072 429 50 0 0
salt 2 10 0.006 0 0 0 0 3933
water 56 280 0.000 0 0 0 0 0
dough total 176.8 884 $0.783 2422 50 57 47 4045
The money lost by not working is called
it's called bankrupt
The determination of the size of a sales force is usually done via some estimation of expected ___________
Answer:
workload
Explanation: had the same quiz not a long time ago
Superfine Company collected the following data in preparing its cash flow statement for the year ended December 31, 2017: Amortization of bond discount $ 1,000 Dividends declared 22,500 Dividends paid 19,000 Gain on sale of equipment 3,000 Proceeds from the sale of equipment 5,000 Proceeds from the sale of treasury stock (carrying amount $32,500) 37,500 Purchase of BAS Inc. bonds (par value $100,000) 90,000 Required: Determine the following amounts that should be reported in Superfine’s 2017 statement of cash flows. What amount should Superfine report as net cash used in investing activities? What amount should Superfine report as net cash provided by financing activities?
Answer: a. ($85,000) ; b. $18500
Explanation:
a. What amount should Superfine report as net cash used in investing activities?
Sale of equipment = $5,000
Less: Purchase of bond = ($90,000)
Net cash used in investing activities = ($85,000)
b. What amount should Superfine report as net cash provided by financing activities?
Proceeds from treasury sold = $37500
Less: Dividend paid = ($19,000)
Net cash provided by financing activities will be: = $18500
EASY ANSWER
You should plan to arrive _____ minutes early for an interview.
fifteen
ten
twenty
five
Answer:
10 or 15 bc of my mom
Explanation:
Answer:
Fifteen
Explanation:
Kyla is a salesperson for Liberty Financial Corporation. Micky is also a Liberty salesperson. Neil is Kyla and Micky's supervisor. Owen is a Liberty customer. Liberty may be liable for sexual harassment to Kyla by
Answer:
Mickey, Neil, or Owen
Explanation:
Investors tend to focus on the bottom line when conducting financial analyses. Thus far, you have calculated earning; per share (EPS) as the net income available to common shareholders divided by the number of common shares outstanding. However, when firms use a lot of hybrid securities, their earnings can be distorted. As a result, a few different methods exist for reporting EPS. Primary EPS is the EPS found after adjusting for the number of shares that are likely to be issued from convertibles and warrants.
Read the following statement, which describes one of these reporting methods:
Earnings per share are found based on the assumption that all convertibles and warrants are exercised rather than trying to estimate how many of them are likely to be exercised. Identify which of the reporting methods this statement describes:
A. Diluted EPS.
B. Basic EPS.
C. Primary EPS.
Answer:
The reporting method described by the statement is:
A. Diluted EPS.
Explanation:
Diluted EPS gauges the quality of a company's earnings per share (EPS) as if all convertible securities were exercised. Convertible securities include the company's outstanding convertible preferred shares, convertible debentures, stock options, and warrants. The diluted EPS is different from the basic EPS (otherwise called the Primary EPS). The basic EPS measures the company's earnings per common share without considering any outstanding convertible securities.
How should state appropriations to a state universoty choosing to report as engaged only in business-type activities be reported in its statement of revenues?
Answer: Non-Operating revenues
Explanation:
Such an activity will be recorded as a non-operating revenue in a proprietary fund in the university as these funds record revenues and expenses and will differentiate between operating revenues and non-operating revenues.
This is a nonoperating revenue as it is considered a nonexchange transaction where a government department or agency gives resources to another department or agency and mandates that they do something specific with it without expecting anything equal in return.
Starbucks wants to use the subjective approach to evaluate a new project. They are considering expanding their stores and renting office space to small business owners. They will have a separate reception area and online scheduling for those that want to use the office space. Starbucks has a WACC of 12%. What would be the WACC for this new project?
Category Examples Adjustment Factor
High risk New products 6%
Moderate risk Cost savings,
Expansion of existing products 0
Low risk Replacement of existing
equipment (4)
Mandatory Safety equipment n/a
Multiple Choice
A) 16%.
B) 12%.
C) 24%.
D) 18%.
E) It cannot be determined.
Answer:
D) 18%.
Explanation:
The WACC for this new project = Current WACC + Adjustment Factor (High Risk)
WACC for this new project = 12% + 6%
WACC for this new project = 18%
Note: Attached as picture shows the reason for the chosen Adjustment factor
Ferris Company began 2018 with 6,000 units of its principal product. The cost of each unit is $6. Merchandise transactions for the month of January 2018 are as follows:
Purchases
Date of Purchase Units Unit Cost* Total Cost
Jan. 10 5,000 $ 7 $ 35,000
Jan. 18 6,000 8 48,000
Totals 11,000 83,000
*Includes purchase price and cost of freight.
Sales
Date of Sale Units
Jan. 5 3,000
Jan. 12 2,000
Jan. 20 4,000
Total 9,000
8,000 units were on hand at the end of the month.
Required:
Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives:
1. FIFO, periodic system.
2. LIFO, periodic system.
3. LIFO, perpetual system.
4. Average cost, periodic system.
5. Average cost, perpetual system.
Calculate January's ending inventory and cost of goods sold for the month using FIFO, periodic system.
Answer:
date of purchase units cost per unit total cost
beginning inv. 6,000 $6 $36,000
January 10 5,000 $7 $35,000
January 18 6,000 $8 $48,000
total 17,000 $7 $119,000
date of sale units
January 5 3,000
January 12 2,000
January 24 4,000
ending inventory = 8,000 units
1. FIFO, periodic system.
ending inventory = (6,000 x $8) + (2,000 x $7) = $62,000
2. LIFO, periodic system.
ending inventory = (6,000 x $6) + (2,000 x $7) = $50,000
3. LIFO, perpetual system.
COGS = (3,000 x $6) + ((2,000 x $7) + (4,000 x $8) = $64,000
ending inventory = $119,000 - $64,000 = $55,000
4. Average cost, periodic system.
ending inventory = 8,000 x $7 = $56,000
5. Average cost, perpetual system.
COGS = (3,000 x $6) + ((2,000 x $6.625) + (4,000 x $7.3125) = $60,500
ending inventory = $119,000 - $60,500 = $58,500
I am trying to convince my dad to let me be Interior Designer. What are some resons for me to become a Interior Designer?
Answer:
Explanation:
1 You can manage your time according your scheduled projects.
2 You can have a lot of costumers around the world
3 It is a profitable niche if you are skilled.
4 Your brain always gonna be creative and curious.
5. You can travel around the world with your knowledge.
6. If you are a good one, you maybe have a lot of followers in your networks liking your work.
7 And if really is your passion job, you will be happy in your life.
Best regards
Question 3 of 10
When a nation's standards of financial reporting are transparent and effective:
OA. citizens tend to have greater confidence in the economy.
B. businesses are unable to foster good relationships with
customers
DC. businesses in the country tend to lose profits and resources.
OD. the country's laws can be more easily violated.
Answer:
A. citizens tend to have greater confidence in the economy.
Explanation:
When a nation's standards of financial reporting are transparent and effective, by extension, the citizens tend to have greater confidence in the economy.
This is because when the government are transparent about the financial affairs of the nation, the citizens are confident in the economy
Stockholders have residual claim on all assets after debt is paid and therefore have ____ risk than bondholders.
a) equal
b) higher
c) lower
Answer:
b) higher
Explanation:
As we know that the bondholders would be have more priority as compared with the shareholders either they have high risk as compared with the bond holders
So as per the given situation, in the case when the stockholder has the residual claim on all the assets after the payment of debt. This leads to high risk as compared with the bondholders
Therefore the correct option is B.
Find the area of the curved surface of a cylinder having a radius 16 cm and length 38 cm.Express the area in meters.
Answer:
1216πm^2
Explanation:
radius of cylinder= 16 cm
height of cylinder = 38 cm
Then,
Curved surface area = 2πrh
= 2×22/7×16×38
=3821.72m^2 or 1216πm^2
Match each type of Information system with its description.
Explanation:
knowledge-based interactive system: ⇒ decision support systemsoperational level system: ⇒ transaction processing systemstrategic-level information: ⇒ executive information system.Internal information flow-based system: ⇒ management information systemTypically, knowledge-based interactive systems are used to support the decision-making processes of an organization, by providing the wealth of knowledge found in human resources.
Operational-level systems: among the many functions of operation level systems is that they help in tracking the transactions occurring within and outside the organization, such as the purchases made, etc.
If the income tax rate applicable to a firm is 35% and the pre-tax cost of debt is 10%, what is the after-tax cost of debt?
Answer:
the after tax cost of debt is 6.5%
Explanation:
The computation of the after tax cost of debt is shown below:
After tax cost of debt is
= Before tax cost of debt × (1 - tax rate)
= 10% × (1 - 0.35)
= 10% × 0.65
= 6.5%
Hence, the after tax cost of debt is 6.5%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The FICA (social security) tax is a matching tax with a portion paid by both the employer and the employee.
A. True
B. False
Answer:
A) true
Explanation:
FICA Tax can be regarded as matching tax, it is been paid by the employees and employers at equal rate. The tax can be divided into Social Security tax as well as Medicare tax. It shouldbe noted the FICA (social security) tax is a matching tax with a portion paid by both the employer and the employee.
Explain how the circular flow of income operates making reference to the injections and withdrawals and physical and monetary flows.
Answer:
It shows flows of goods and services and factors of production between firms and households
The circular flow shows how national income or Gross Domestic Product is calculated
Businesses produce goods and services and in the process of doing so, incomes are generated for factors of production (land, labour, capital and enterprise) – for example wages and salaries going to people in work.
Leakages (withdrawals) from the circular flow
Not all income will flow from households to businesses directly. The circular flow shows that some part of household income will be:
1.Put aside for future spending, i.e. savings (S) in banks accounts and other types of deposit
2.Paid to the government in taxation (T) e.g. income tax and national insurance
3.Spent on foreign-made goods and services, i.e. imports (M) which flow into the economy
Withdrawals are increases in savings, taxes or imports so reducing the circular flow of income and leading to a multiplied contraction of production (output)
Injections into the circular flow are additions to investment, government spending or exports so boosting the circular flow of income leading to a multiplied expansion of output.
Capital spending by firms, i.e. investment expenditure (I) e.g. on new technology
The government, i.e. government expenditure (G) e.g. on the NHS or defence
Overseas consumers buying UK goods and service, i.e. UK export expenditure (X)
An economy is in equilibrium when the rate of injections = the rate of withdrawals from the circular flow.

Building up the model
In this next series of images we build up the circular flow model from just having a domestic sector and then adding in an external sector (exports and imports) before including the financial sector which channels savings and hopefully provides the finance available to fund investment.
The Domestic Circular Flow of Income and Spending
The external sector involves businesses exporting goods and services overseas (X) and consumers and business buying imported products from other countries (M)
Explanation:
PLEASE MARK ME AS BRAINLIEST
When leakage equals injections, the nation's economic cycle is said to be in balance.
What is economic cycle?The term "economic cycle," usually referred to as a "business cycle," describes the swings in the economy's growth and decline.
The present stage of the economic cycle can be determined using variables like gross domestic product (GDP), interest rates, total employment, and consumer expenditure.
Since the economic cycle directly affects stocks, bonds, profits, and corporate earnings, understanding it can help investors and businesses decide whether to invest and when to withdraw their funds.
An economy travels in a circular motion from expansion to recession and back again, which is referred to as an economic cycle. Growth is a sign of an expanding economy.
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