Answer:
A. The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
Explanation:
This is basically the reason why younger investors can afford higher risks than older investors. If you are 60 years old, you will probably invest in very secure stocks or bonds. Instead, when you are 25, you can afford investing in risky stocks that have higher than average growth potential.
Answer:
The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
Explanation:
I got it right on the test nun to worry about.
An all-equity new firm is developing its business plan. It will require $615,000 of assets (which equals common equity), and it projects $450,000 of sales and $355,000 of operating costs for the first year. Management is reasonably sure of these numbers because of contracts with its customers and suppliers. It can borrow at a rate of 7.5%, but the bank requires it to have a TIE of at least 4.0. The firm will use debt and common equity for financing. What is the maximum debt to capital ratio (measured as debt/total common equity) the firm can use
Answer:
51.49%
Explanation:
Calculation to determine the maximum debt to capital ratio (measured as debt/total common equity) the firm can use
First step is calculate the Interest Expense
Using this formula
Times Interest earned ratio = Earning Before Interest and Tax / Interest Expense
Let plug in the formula
4.0 = ( Sales - operating costs ) / Interest Expense
4.0 = ( $450,000 - $355,000 ) / Interest Expense
4.0 = $95,000 / Interest Expense
Interest Expense = $95,000 / 4.0
Interest Expense = $23,750
Second step is to calculate the Total Debt
Interest Expense = Total Debt * Interest on Debt
$23,750 = Total Debt *7.50%
Total Debt = $23,750 / 7.50%
Total Debt = $316,667
Now let determine the Debt ratio
Debt ratio = Total Debt / Total Assets
Debt ratio = $316,667 / 615,000
Debt ratio = 51.49%
Therefore the maximum debt to capital ratio (measured as debt/total common equity) the firm can use is 51.49%
You hold currency from a foreign country. If that country has a higher rate of inflation than the United States, then over time the foreign currency will buy a. more goods in that country and buy more dollars. b. more goods in that country but buy fewer dollars. c. fewer goods in that country but buy more dollars. d. fewer goods in that country and buy fewer dollars.
Answer:
d. fewer goods in that country and buy fewer dollars.
Explanation:
In the case when the currency is hold from the foreign country and if the country contains the high inflation rate as compared with the united states so here the less goods in that country should be purchased at less dollars that means it shows the positive relationship between the goods and the dollars value
Therefore as per the given situation, the option d is correct
Alberto is a lawyer and needs to calculate how much to charge a client for his services. He charges $225 for each hour. He spent 2 1/4 hours consulting with the client, 4 1/2 hours researching the client’s case, 3 hours negotiating with the other party’s lawyer, and 3 1/2 hours drawing up and filing court papers. How much will he charge?
Answer:
$2,475
Explanation:
Consulting with the client = 2 1/4 hours
Researching the client’s case = 4 1/2 hours
Negotiating with the other party’s lawyer = 3 hours
Drawing up and filing court papers = 3 1/2 hours
Total hours = 2 1/4 + 4 1/2 + 3 + 3 1/2
= 9/4 + 9/4 + 3 + 7/2
= (9+9+12+14) / 4
= 44/4
= 11 hours
Total hours = 11 hours
Charges per hour = $225
Total charges = Charges per hour × Total hours
= $225 × 11
= $2,475
Total charges = $2,475
The entry to record the amortization of a premium on bonds payable on an interest payment date would Group of answer choices a debit to Premium on Bonds Payable and a credit to Interest Revenue a debit to Interest Expense and a credit to Premium on Bond Payable a debit to Interest Expense and Premium on Bonds Payable and a credit to Cash a debit to Bonds Payable and a credit to Interest Expense
Answer:
a debit to interest expense and premium on bonds payable and a credit to cash
Explanation:
Based on the information given The Appropriate journal entry to record the AMORTIZATION OF A PREMIUM ON BONDS PAYABLE ON AN INTEREST PAYMENT DATE will include: a DEBIT TO INTEREST EXPENSE and PREMIUM ON BONDS PAYABLE and a CREDIT TO CASH
Debit Interest expense
Debit Premium on bonds payable
Credit cash
(To record the amortization of premium on bonds payable on an interest payment date)
Economics
A baker bought flour and other ingredients for $250.00 and spent $52.00
on distribution, sold the bread for $320.00. The value added is
a) $302.00
b)$52.00
c)$18.00
d) $622.00
Answer:
I'm pretty sure it's c.
Explanation:
320-250-52=18?
Bill plans to deposit $200 into a bank account at the end of every month. The bank account has a nominal interest rate of 8 percent and interest is compounded monthly. How much will Bill have in the account at the end of 2½ years (30 months)?
The amount that should have in the account at the closing of 30 months is $6,617.77.
Given that,
The rate of interest = 8% ÷ 12 = 0.6666%The nper is = 2.5 × 12 = 30The monthly payment or pmt is $200The present value be $0Now the following formula should be used:
=-FV(RATE,NPER,PMT,PV,TYPE)
After applying the above formula, the future value is $6,617.77.
Therefore we can conclude that The amount that should have in the account at the closing of 30 months is $6,617.77.
Learn more about the future value here: brainly.com/question/8286272
A company is considering the purchase of a new machine for $48,000. Management expects that the machine can produce sales of $16,000 each year for the next 10 years. Expenses are expected to include direct materials, direct labor, and factory overhead totaling $8,000 per year plus depreciation of $4,000 per year. All revenues and expenses except depreciation are on a cash basis. The payback period for the machine is 12 years. True False
Answer:
False
Explanation:
Annual cash inflow = Sales revenue - Cash expenses
Annual cash inflow = $16,000 - $8,000
Annual cash inflow = $8,000
Cost of machine = $48,000
Payback period = Cost of machine/Annual cash inflows
Payback period = $48,000/$8,000
Payback period = 6 years
So, the payback period for the machine is 6 years.
On April 1, year 1, Hyde Corp., a newly formed company, had the following stock issued and outstanding:
1) Common stock, no par, $1 stated value, 20,000 shares originally issued for $30 per share.
2) Preferred stock, $10 par value, 6,000 shares originally issued for $50 per share.
Hyde's April 1, year 1 statement of stockholders' equity should report
Common stock
Preferred stock
Additional paid-in capital
Answer:
Common stock $20,000
Preferred stock $60,000
APIC $820,000
Explanation
Calculation to determine what Hyde's April 1, year 1 statement of stockholders' equity should report
Calculation to determine the COMMON STOCK
Common stock=20,000 shares*$1
Common stock=$20,000
Calculation to determine PREFERRED STOCK
Preferred stock =6,000 shares*$10
Preferred stock =$60,000
Calculation to determine ADDITIONAL PAID-IN CAPITAL (APIC)
APIC=[(6000*$50)-(6000*$10)]+[(20,000*$30)+(20,000*$1)]
APIC=($300,000-$60,000)+($600,000-$20,000)
APIC=$240,000+$580,000
APIC=$820,000
Therefore Hyde's April 1, year 1 statement of stockholders' equity should report:
Common stock $20,000
Preferred stock $60,000
APIC $820,000
A company that lacks a competitively powerful stand-alone resource Multiple choice question. will be unable to develop competencies through cross-functional efforts. may attempt to develop a competitive advantage through resource bundling. must continue searching for a resource that passes five tests of competitive power. is likely to be a failure in the marketplace.
Answer:
may attempt to develop a competitive advantage through resource bundling.
Explanation:
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
A company that lacks a competitively powerful stand-alone resource that would significantly propel it to the top of the market or industry it's operating in, may attempt to develop a competitive advantage over its competitors or rivals in the same industry through resource bundling and optimum use of these resources.
Some industries’ competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson’s in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter’s Five Forces Model? Multiple Choice rivalry among new entrants rivalry among existing competitors threat of substitute products or services buyer power
Answer:
rivalry among existing competitors
Explanation:
The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.
Porter's 5 forces include :
Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitutes Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they possess Power of customers : the larger the number of customers, the greater the power firms possess Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possessThis is a receipt for a purchase made at a restaurant in Sacramento, California. The total cost of the food and drinks before taxes was . The buyer paid in sales tax. Based on the receipt, Sacramento has a sales tax rate of .
Answer:
Total bill = $10.00Sales tax = $0.85Sales tax rate = 8.5%Explanation:
According to the receipt in question, the buyer paid a total bill of $10.00.
Buyer also paid a sales tax of $0.85.
The total cost of the food was $10.00 and a sales tax of $0.85 was paid.
The sales tax is based on the amount paid so the sales tax rate is the percentage of $10 that $0.85 is.
= Sales Tax / Total bill * 100%
= 0.85 / 10 * 100%
= 0.085 * 100%
= 8.5%
Answer:
1- B) $10.00
2- A) $0.85
3- B) 8.5%
Explanation:
I did it on edge and got it right
How can buisness decision affect the local community??
Answer:
Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.Local businesses pay local taxes, bolstering the city revenue available for improvements to roads, schools, and area green spaces. When shoppers spend their money locally, the taxes they pay benefit their community and better their own lives. Shopping online, for example, may not keep tax revenue local.
justify why a perfect market is unrealistic
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Profit-maximizing monopolists never produce in the range of output where MR is negative because
Answer: They wouldn't maximize profit.
Explanation:
Profit Maximizing Monopolists would always produce so long as Marginal revenue is positive because it would give them a chance to make more profit. If marginal revenue becomes negative, they would be making less than they did on the last product which would not be ideal to them.
This is so because the profit maximizing point is where marginal cost equals marginal revenue and as production increases, so also does marginal cost which means that for profit to be maximized, marginal revenue has to be positive as well to equal marginal cost.
Conduct online research on different types of cover letters. Observe the cover letters and list the strong points of each cover letter. Based on the observations of different cover letters, create a cover letter of your own, assuming that you are applying for a company of your choice.
Answer:
the investigation of encyclopedia in the photosynthesis of America
Explanation:
The water flies ontop the bridge challenge to them
Your boss at work is known as a one-solution-fits-all problems type manager. This approach to problem solving is most characteristics of Group of answer choices younger adults. older adults. individuals experiencing terminal decline. concrete operational thinkers.
Answer:
older adults.
Explanation:
From the question we are informed about an instance whereby your boss at work is known as a one-solution-fits-all problems type manager. This approach to problem solving is most characteristics of older adults. One-solution-fits-all problems approach can be regarded as problem solving approach whereby there is standard approach to all problems, in this case it is not tailored to individual problem needs. The style and approach that is used by that particular manager in solving problems in that particular organization will fit in to solve all related problems that could surface.
What country have a sand
Canners Company uses weighted-average costing. Beginning work in process inventory had $3,650 of material costs. During the period, $5,000 of materials and $9,250 in conversion costs were added. If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is ______.
Answer:
the cost per equivalent unit for materials is $34.60
Explanation:
The computation of the cost per equivalent unit for materials is shown below:
= (Beginning work in inventory + material added) ÷ material equivalent unit of production
= ($3,650 + $5,000) ÷ 250 units
= $34.60
Hence, the cost per equivalent unit for materials is $34.60
The same should be considered and relevant
Flowers, a married taxpayer, purchased an annuity for $64,400 that will pay $700 per month over the life of Flowers and Flowers' spouse. At the time of purchase the couple's joint life expectancy was 23 years. Flowers received payment beginning April 1, year 1, amounting to $6,300 in the first year of the annuity contract. How much is includible in Flowers' gross income in the first year
Answer:
Explanation:
$6,300ANSWER: C. $4200
23 x 12 x 700= 193,200
64,400/193200=0.333
700*0.333 = 467 = 467*9= $4203
science week1 qarter4 grade 8
Answer:
Explanation:
444
Mr. Branson is the CEO for a social media firm and works with his office door closed. At the same time every hour he opens the door to see what his employees are doing. The employees have learned to work especially hard during the five minutes before and while the door is open. Their work pattern is typical of responses that are reinforced on a ________ schedule
Answer:
fixed-interval
Explanation:
Fixed interval schedule of monitoring by Supervisors in a workplace is the used of a fixed time to evaluate the activities that are happening in an organisation.
For example in this case Branson is at the same time every hour he opens the door to see what his employees are doing.
However they only work hard when the door opens and relax afterwards.
The main disadvantage of fixed interval schedule is that responses are high at the point of monitoring and declines afterwards.
The best option will be to use a random schedule that way the respondents will always be doing their best in case they are being monitored
Name FIVE factors that must be considered when choosing a form of ownership.
Answer:
1) financing, taxation,risk tolerance, continuity and transferability,entrepreneurial ability
Explanation:
,
Explain why it is necessary to evaluate your options when making a decision.
Answer:
It is important to evaluate your decision making, for certain outcomes of that decision may not be what you want them to be. ... When evaluating your decisions, you are looking at the whole situation, which gives you the whole perspective of the situation, and what all the outcomes can be for you
who approves the federal budget
congress
presdient
house
President and congress
Answer:
congress
Explanation:
i think
correct me if I'm wrong
CARRY ON LEARNING
Answer:
president
Explanation:
I think because he rules the country
Suppose that you were interested in building a luxury apartment complex in your hometown. In your analysis of local demographics, you discover that the target market makes up only 5% (core market share) of the households that currently rent (or would be interested in renting) in this town. If market experts believe that a total of 5,000 apartment units will be rented in your entire hometown within the next year, what is the projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential
Answer:
The projected number of units the developer could expect to lease in year 1 if he is able to capture 20% of the market potential is:
= 1,000 apartment units.
Explanation:
a) Data and Calculations:
The percentage of households that currently rent in the town = 5%
Demographic of households in the town = 100,000 (5,000/5%)
Number of apartment units established by market experts to be rented in the entire hometown within the next year = 5,000 (5% of 100,000)
20% of the market potential = 1,000 (5,000 * 20%)
During May, Carolan Corporation transferred $59,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $65,000. The journal entries to record these transactions would include a: Multiple Choice credit to Cost of Goods Sold of $65,000. debit to Finished Goods of $65,000. credit to Work in Process of $59,000. credit to Finished Goods of $59,000.
Answer:
credit to Work in Process of $59,000.
Explanation:
Based on the information given the appropriate l journal entries to record these transactions would include a: CREDIT TO WORK IN PROCESS OF $59,000
Dr Finished goods $59,000
Cr Work in process $59,000
Dr Cost of goods sold $65,000
Cr Finished goods $65,000
Mary Smith is considering investing in 30 year Corporate Bonds issued by Duke Energy Company. She knows that she will earn an interest rate of 8% by purchasing these bonds. However, she is concerned because she might need to take her money out of this investment in a year, and she has heard that she might have to sell the bonds at a significantly lower price than she will purchase them for. What type of risk is Mary concerned about
Answer:
Mary Smith is concerned about systematic risk.
Explanation:
Systematic risk refers to the ongoing risk caused by a combination of factors, including the economy, geopolitical issues, corporate health, and others. It covers the impact on the overall market and includes systemic risks that are peculiar to an industry. Systemic risk will only impact the market for Corporate Bonds. But, Mary's concern shows that other factors might combine, causing her to require her money back after a year.
Christopher is a self-employed cash-method, calendar-year taxpayer, and he made the following cash payments related to his business this year. Calculate the after-tax cost of each payment assuming Christopher has a 37 percent marginal tax rate. a) $500 fine for speeding while traveling to a client meeting. b) $800 of interest on a short-term loan incurred in September and repaid in November. Half of the loan proceeds was used immediately to pay salaries and the other half was invested in municipal bonds until November. c) $600 for office supplies in May of this year. He used half of the supplies this year and he will use the remaining half by February of next year.
Answer:
A. $500
B. $696
C. $378
Explanation:
Calculation to determine the after-tax cost of each payment
A. Based on the information given the AFTER-TAX COST will be $500 reason been that it is NOT DEDUCTIBLE based on the fact that fines and penalties does not provide a tax break
B. After-tax cost=$800 * [1-(0.5*0.37)]
After-tax cost=$800*(1-0.13)
After-tax cost=$800*0.87
After-tax cost=$696
Therefore After-tax cost is $696 reason been that HALF OF THE INTEREST will NOT be DEDUCTIBLE reason been that it was used to obtain NON-TAXABLE INCOME
C. After-tax cost=$600 * (1 - 0.37)
After-tax cost=$600*0.63
After-tax cost=$378
Therefore the After-tax cost is $378
what is warehousing and a warehouse
Answer: See explanation
Explanation:
Warehousing refers to the act of storing goods which will then be distributed later or sold. Companies normally have a room or building where they keep their goods and such place are designed for storage.
The Functions of Warehousing include:
• Storage
• Purchasing of goods
• Inventory management.
• Materials handling, and packaging.
On the other hand, a warehouse refers to the building that is used for storing goods and making them available later when they are needed.
A company has the following inventory data: July 1 Beginning inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $22 220 $2,000 A physical count of merchandise inventory on July 30 reveals that there are 32 units on hand. Using the FIFO inventory method and a periodic inventory system, the amount allocated to ending inventory for July is
Answer:
$820.
1022=220; 3020=600;
220+600=820
