Answer:
$64,000
Explanation:
The calculation of the cash disbursements for selling and administrative expenses on the December selling and administrative expense budget is given below;
= Variable Selling & Administrative Expenses + Fixed Seliing & Administrative Expenses - Depreciation
= 3,200 units × $3.10 + $60,800 - $6,720
= $64,000
Explain AHIMA's data quality management model, including the domains it covers and the data characteristics
Answer:
Data Quality management: AHIMA created this model for quality data management to support the need for true and accurate data. Patient care, patient outcomes, reimbursement, process...
Hope this helped :)
Explanation:
Answer: it’s a data quality management model
Explanation:
short term finance is required for 5 years true or false
Answer:
yeah, its true
Explanation:
You want to communicate the 15 percent sales growth goals to each of the store managers. At the same time, you want to share some of your ideas for how store managers can make this happen. Which of the following is most true of a phone call to each sales manager in this situation?
a. It is high in richness and medium in planning.
b. It is low in richness and low in planning.
c. It is medium in richness and medium in planning.
d. It is medium in richness and high in planning.
Answer:
Option a (It is..........planning) is the appropriate choice.
Explanation:
If indeed the respondents are satisfied to approach the 15% revenue generation by telephone as well as offer certain thoughts.This same degree of wealth is significant since the relationship is immediate and preparation can be moderate, considering correspondence is carried on both sides with delays out of another end.The question wasn’t connected to certain other alternatives. Thus, the response seems to be the right one.
Consider a model in which two products, x and y, are produced. There are 30 pounds of material and 60 hours of labor available. It requires 9 pounds of material and 12 hours of labor to produce a unit of x, and 5 pounds of material and 15 hours of labor to produce a unit of y. The profit for x is $300 per unit, and the profit for y is $250 per unit.
Required:
How many units of x and y to produce to maximize profit, the model is
Answer:
2 units of x and 2 units of y
Explanation:
The model can be represented as:
[tex]\begin{array}{cccc} & {x} & {y} & {} & {Materials} & {9} & {5} & {30} & {Labor} & {12} & {15} & {60} & {} & {300} & {250} \ \end{array}[/tex]
So, we have:
Max [tex]z = 300x + 250y[/tex] --- the objective function
Subject to:
[tex]9x + 5y \le 30[/tex]
[tex]12x + 15y \le 60[/tex]
[tex]x,y > 0[/tex]
Multiply the first equation by 3
[tex]9x + 5y \le 30[/tex] becomes
[tex]27x + 15y \le 90[/tex]
Subtract [tex]12x + 15y \le 60[/tex] from [tex]27x + 15y \le 90[/tex]
[tex]27x - 12x + 15y - 15y \le 90 - 60[/tex]
[tex]15x \le 30[/tex]
Divide by 15
[tex]x \le 2[/tex]
Substitute 2 for x in [tex]9x + 5y \le 30[/tex]
[tex]9 * 2 + 5y \le 30[/tex]
[tex]18 + 5y \le 30[/tex]
Collect like terms
[tex]5y \le 30 - 18[/tex]
[tex]5y \le 12[/tex]
Divide by 5
[tex]y \le 2.4[/tex]
y must be an integer;
So:
[tex]y \le 2[/tex]
So, we have:
[tex](x,y) \le (2,2)[/tex]
Hence, the company must product 2 units of x and 2 units of y
Pepsi had accounts receivable turnover ratio of 9.9 this year and 11.0 last year. Coke had a turnover ratio of 9.3 this year and 9.9 last year. This implies:______.
1. Coke has the better turnover for both years
2. Pepsi has the better turnover for both years
3. Coke's turnover is improving
4. Coke's credit policies are too loose
5. Coke is collecting its receivables more quickly than Pepsi in both years
Q2. Why can the distinction between fixed costs and variable costs be made in the short run? Classify
the following as fixed or variable costs: advertising expenditures, fuel, interest on company-issued
bonds, shipping charges, payments for raw materials, real estate taxes, executive salaries, insurance
premiums, wage payments, sales taxes, and rental payments on leased office machinery. “There are
no fixed costs in the long run; all costs are variable.” Explain
Answer:
Fixed costs cannot be changed in the short run and are the same regardless of the volume of production. Variable costs vary with production but can b changed in the short run.
Fixed costs:
Interest on company issued bonds Real estate taxesExecutive salaries Insurance premiums Rental payments on leased office machinery.Variable costs:
Advertising expendituresFuelShipping chargesPayments for raw materialsWage paymentsSales taxesAll costs are variable in the long run because all costs can be changed by investment and planning. For instance, over the long term, the company could buy the leased office machinery and not have to pay rent on it thereby stopping that fixed cost.
Star Corp., a publicly traded, accrual-method C corp., incurred the following expenses in 2020 (all of which are ordinary and neccessary unless the facts indicate otherwise):
Office rent: $50,000
CEO compensation: $1,500,000
Salary paid to janitor: $250,000
Business meals: $30,000 (100% of the amount paid)
Client entertainment: $100,000 (100% of the amount paid)
Political contribution/lobbying: $5,000
Advertising: $70,000
Taxes & licenses (state, local &
payroll tax; not fed. inc. tax): $30,000
Life insurance policy on CEO - premiums: $12,000
Federal income taxes: $250,000
Average office rents in the area run $50,000-$55,000/year for similar office space. Star Corp.'s janitor is the CEO's sister. Reasonable salary for a janitor with similar experience, job description and work hours is $20,000/year. Star Corp. is the beneficiary on the life insurance policy. What is Star Corp.'s total deductible business expenses for the year?
Answer:
Star Corp.
Star Corp.'s total deductible business expenses for the year is:
= $1,952,000.
Explanation:
Ordinary and Necessary Expenses incurred in 2020:
Office rent: $50,000
CEO compensation: $1,500,000
Salary paid to janitor: $250,000
Business meals: $30,000 (100% of the amount paid)
Client entertainment: $100,000 (100% of the amount paid)
Political contribution/lobbying: $5,000
Advertising: $70,000
Taxes & licenses (state, local &
payroll tax; not fed. inc. tax): $30,000
Life insurance policy on CEO
- premiums: $12,000
Federal income taxes: $250,000
Total expenses incurred $2,297,000
Total Deductible Business Expenses for the year:
Office rent: $50,000
CEO compensation: $1,500,000
Salary paid to janitor: $20,000
Business meals: $15,000 (50% of $30,000)
Client entertainment: $0 (0% of $100,000)
Political contribution/lobbying: $5,000
Advertising: $70,000
Taxes & licenses (state, local &
payroll tax; not fed. inc. tax): $30,000
Life insurance policy on CEO
- premiums: $12,000
Federal income taxes: $250,000
Total deductible expense = $1,952,000
A young investment manager tells his client that the probability of making a positive return with his suggested portfolio is 80%. If it is known that returns are normally distributed with a mean of 8%, what is the risk, measured by standard deviation, that this investment manager assumes in his calculation
Answer:
9.5%
Explanation:
we solve for the z value using
z = barX - μ/σ
= 0-0.08/σ
= p(x>0) = 0.80
1-0.80 = 0.20
0-0.08/σ = 0.20
using the z calculator we find the z score using a p value of 0.20
= -0.842
0-0.08/σ = -0.842
-0.08 = -0.842σ
Divide through by -0.842
0.08/0.842 = σ
0.095 = σ
The risk measured by the standard deviation at 80%= 9.5%
Thank you
Marketing covers several elements and concepts. At the center of all marketing efforts is:
At the center of all marketing efforts is the customer for understanding and meeting customer needs, wants and preferences is the primary focus of marketing.
The customer centric involves identifying target markets, conducting market research and developing products or services that resonate with consumers.
The effective marketing strategies aim to create value for customers, build strong relationships, and satisfy their demands better than competitors.
The customer serves as the guiding force that shapes marketing strategies and determines their success in the ever-evolving marketplace.
To know more about marketing here,
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Assuming that NIKE has $3.4 billion in long term debt. Issue Amount $(Mil) Maturity Date Yield To Maturity NIKE 4.375% 750 1/15/2025 4.25% NIKE 5.7% 800 1/15/2035 6.45% NIKE 5.4% 800 1/15/2033 5.93% NIKE 3.875% 500 12/1/2040 3.47% NIKE 6.7% 550 12/1/2036 6.96% What is the weighted average cost of debt (average pre-tax
Answer:
The answer is "5.49%".
Explanation:
please find the complete solution in the attached file.
State which category of funds (governmental-type, proprietary type, or fiduciary type) would be used by a state government for each of the following purposes:
a. To construct a new highway
b. To pay salaries of personnel who maintain state parks
c. To accumulate resources to pay pension benefits for its employees
d. To collect sales taxes on behalf of local governments that impose such a tax
e. To operate a central printing department that prints forms and reports for all state departments
Answer:
1. Government type
2. Government type
3. Fiduciary type
4. Fiduciary type
5. Proprietary type
Explanation:
Given the following:
Government type of funds is a form of fund which is used to account for the daily services delivered by the government.
Fiduciary type of funds is a form of fund which is used to account for resources held by the government as a trustee on behalf of others.
Proprietary type of funds is a form of fund which is used to account for governmental activities that perform similarly to private sector enterprises such that they charge fees for services.
Hence, we have the following:
a. To construct a new highway - Government type
b. To pay salaries of personnel who maintain state parks - Government type
c. To accumulate resources to pay pension benefits for its employees - Fiduciary type
d. To collect sales taxes on behalf of local governments that impose such a tax - Fiduciary type
e. To operate a central printing department that prints forms and reports for all state departments - Proprietary type
Lance contributed investment property worth $640,000, purchased three years ago for $245,000 cash, to Cloud Peak LLC in exchange for an 75 percent profits and capital interest in the LLC. Cloud Peak owes $407,500 to its suppliers but has no other debts.
Required information
a. What is Lance’s tax basis in his LLC interest?
b. What is Lance’s holding period in his interest?
c. What is Cloud Peak’s basis in the contributed property?
d. What is Cloud Peak’s holding period in the contributed property?
Answer:
a. Tax basis $550,625
b.Three years
c. $245,000
d. Three years
Explanation:
a. Calculation to determine Lance’s tax basis in his LLC interest
Lance’s tax basis in his LLC interest will be $550,625 ( $245,000+$305,625)
Based on the information given Lance’s basis in his LLC INTEREST is been made up of the amount of $245,000 basis of the investment property he transferred to the LLC including his $305,625 share which is calculated as ($407,500 x 75%) of the LLC debt reason been that LLC general debt obligations are tend to be treated as NON RECOURSE DEBT which is why Lance’s profit sharing ratio is used to allocate a portion of the LLC debt to him.
b. Based on the information given Lance's Holding period in his interest is THREE YEARS in which Lance had been holding investment property.
c. Cloud Peak’s basis in the contributed property will be Basis of $245,000
d. Cloud Peak’s holding period in the contributed property is THREE YEARS.
Liz Chapa manages a portfolio of 250 common stocks. Her staff compiled the following rate of return performance statistics for two new stocks: Stock Mean Standard Deviation Salas Products, Inc. 15% 5% Hot Boards, Inc. 20% 5% What is the coefficient of variations for both stocks
Answer: See explanation
Explanation:
The coefficient of variations for both stocks will be calculated thus:
For Salas Product
Coefficient of Variation = Standard deviation / Mean × 100
= 5/15 × 100
= 1/3 × 100
= 33.33%
Hot boards:
Coefficient of Variation = Standard deviation / Mean × 100
= 5/20 × 100
= 1/4 × 100
= 25%
You're trying to save to buy a new $201,000 Ferrari. You have $51,000 today that can be invested at your bank. The bank pays 5.9 percent annual interest on its accounts. How long will it be before you have enough to buy the car
Answer:
The answer is 23.92 years
Explanation:
Future value(FV) = $201,000
Present value(PV) = $51,000
Annual rate of interest(i)= 5.9%
Using a texas BA II plus calculator:
FV = 201,000
PV= -51,000
I/Y = 5.9
CPT N = 23.92 years
OR
FV = PV × (1 + i)^N
$201,000 = $51,000 × (1 + 0.05.9)^N
3.9 = (1 + 0.05.9)^N
Solving this, the number of years is 23.92 years
Earnings per share Financial statement data for the years 20Y5 and 20Y6 for Black Bull Inc. follow: 20Y5 20Y6 Net income $1,324,000 $2,630,000 Preferred dividends $50,000 $50,000 Average number of common shares outstanding 70,000 shares 120,000 shares a. Determine the earnings per share for 20Y5 and 20Y6. Round to two decimal places. 20Y5 20Y6 Earnings per Share $fill in the blank 1 $fill in the blank 2 b. Is the change in the earnings per sha
Question Completion:
b. Is the change in the earnings per share from 20Y5 to 20Y6 favorable or unfavorable?
Answer:
Black Bull Inc.
20Y5 20Y6
1. Earnings per share (EPS) $18.20 $21.50
2. The change in the earnings per share from 20Y5 to 20Y6 is favorable.
More revenue and profits were generated in 20Y6 and despite the increased number of shares outstanding, the EPS for 20Y6 performed better than 20Y5's.
Explanation:
a) Data and Calculations:
20Y5 20Y6
Net income $1,324,000 $2,630,000
Preferred dividends $50,000 $50,000
Earnings available to common
stockholders $1,274,000 $2,580,000
Average number of
common shares outstanding 70,000 shares 120,000 shares
Earnings per share (EPS) $18.20 $21.50
($1,274,000/70,000) ($2,580,000/120,000)
Which firm will have a higher level of economic performance: a) a firm with valuable, rare, and costly-to imitate resources and capabilities operating in a very attractive industry or b) a firm with valuable, rare, costly-to-imitate resources and capabilities operating in a very unattractive industry
Answer: a) a firm with valuable, rare, and costly-to imitate resources and capabilities operating in a very attractive industry.
Explanation:
Companies that have valuable, rare and costly to imitate resources and capabilities will see a better economic performance overall because they are offering the market something that not a lot of companies are offering which gives them the opportunity to increase profitability.
This would be even more effective if the company was in an attractive industry. An attractive industry means that there are a lot of buyers and sellers but because the company has costly to imitate resources, they will worry less about the sellers and gain more buyers thereby helping them to perform better.
Donuts or Doughnuts: Homer's bakery in Brooklyn has the following short run production function for donuts: where q measures the amount of donuts per hour and L measures the quantity of labor hours. In the short run over what range of labor hours will diminishing marginal returns occur with each labor hours hired
Answer:
do you have a picture of a graph
Explanation:
Consolidated Freightways is financing a new truck with a loan of $60,000 to be repaid in six annual end-of-year installments of $13,375. What annual interest rate is Consolidated Freightways paying
Answer:
9%
Explanation:
Calculation to determine What annual interest rate is Consolidated Freightways paying
Based on the information given we would be using Financial calculator to determine the ANNUAL INTEREST RATE
PV= $60,000
PMT= -$13,375
N= 6
I/Y=?
Hence:
I/Y = 9%
Therefore annual interest rate that Consolidated Freightways is paying will be 9%
The condensed financial statements of Ness Company for the years 2016 and 2017 are presented below.
NESS COMPANY
Balance Sheets
December 31 (in thousands)
2017 2016
Current assets
Cash and cash equivalents $330 $360
Accounts receivable (net) 47 400
Inventory 46 390
Prepaid expenses 130 160
Total current assets 1,390 1,310
Property, plant, and equipment (net) 410 380
Investments 10 10
Intangibles and other assets 530 510
Total assets $2,340 $2,210
Current liabilities $820 $790
Long-term liabilities 480 380
Stockholders’ equity—common 1,040 1,040
Total liabilities and stockholders’ equity $2,340 $2,210
NESS COMPANY
Income Statements
For the Year Ended December 31 (in thousands)
2017 2016
Sales revenue $3,800 $3,460
Costs and expenses
Cost of goods sold 970 890
Selling & administrative expenses 2,400 2,330
Interest expense 10 20
Total costs and expenses 3,380 3,240
Income before income taxes 420 220
Income tax expense 168 88
Net income $ 252 $ 132
Compute the following ratios for 2017 and 2016. (Round current ratio and inventory turnover to 2 decimal places, e.g 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 12.6%.)
(a) Current ratio.
(b) Inventory turnover. (Inventory on December 31, 2015, was $340.)
(c) Profit margin.
(d) Return on assets. (Assets on December 31, 2015, were $1,900.)
(e) Return on common stockholders’ equity. (Equity on December 31, 2015, was $900.)
(f) Debt to assets ratio.
(g) Times interest earned.
Answer:
Ness Company
2017 2016
(a) Current ratio = 1.70 1.66
(b) Inventory turnover = 4.45 2.44
(c) Profit margin = 6.63% 3.82%
(d) Return on assets. (Assets on December 31, 2015, were $1,900.)
= 10.77% 5.97%
(e) Return on common stockholders’ equity. (Equity on December 31, 2015, was $900.)
= 24.23% 12.69%
(f) Debt to assets ratio = 0.56 0.53
(g) Times interest earned = 43X 12X
Explanation:
Condensed Financial Statements:
NESS COMPANY
Balance Sheets
December 31 (in thousands)
2017 2016
Current assets
Cash and cash equivalents $330 $360
Accounts receivable (net) 47 400
Inventory 46 390
Prepaid expenses 130 160
Total current assets 1,390 1,310
Property, plant, and equipment (net) 410 380
Investments 10 10
Intangibles and other assets 530 510
Total assets $2,340 $2,210
Current liabilities $820 $790
Long-term liabilities 480 380
Stockholders’ equity—common 1,040 1,040
Total liabilities and stockholders’ equity $2,340 $2,210
NESS COMPANY
Income Statements
For the Year Ended December 31 (in thousands)
2017 2016
Sales revenue $3,800 $3,460
Costs and expenses
Cost of goods sold 970 890
Gross profit $2,830 $2,570
Selling & administrative expenses 2,400 2,330
EBIT $430 $240
Interest expense 10 20
Total costs and expenses 3,380 3,240
Income before income taxes 420 220
Income tax expense 168 88
Net income $ 252 $ 132
(a) Current ratio = Current assets/Current liabilities
= $1,390/$820 = 1.70 1.66 (1,310/$790)
(b) Inventory turnover. (Inventory on December 31, 2015, was $340.)
= Cost of goods sold/Average Inventory
= $970/$218 = 4.45 2.44 ($890/$385)
Average inventory for 2016 = $365 ($390 + $340)/2
Average inventory for 2017 = $218 ($46 + $390)/2
Cost of goods sold for 2017 = $970 and 2016 = $890
(c) Profit margin = Net income/Sales
= 6.63% ($252/$3,800 *100) 3.82% ($132/$3,460 * 100)
(d) Return on assets. (Assets on December 31, 2015, were $1,900.)
= Net income/Total assets
= 10.77% ($252/$2,340 * 100) 5.97% ($132/$2,210 * 100)
Average assets for 2017 = $2,275 ($2,340 + $2,210)/2
Average assets for 2016 = $2,055 ($2,210 + $1,900)/2
(e) Return on common stockholders’ equity. (Equity on December 31, 2015, was $900.)
= Net income/Common stockholders' equity
= 24.23% ($252/$1,040 * 100) 12.69% ($132/$1,040 * 100)
(f) Debt to assets ratio = Total Debt/Total Assets
= 0.56 ($1,300/$2,340) 0.53 ($1,170/$2,210)
(g) Times interest earned = EBIT/Interest
= 43X ($430/$10) 12X ($240/$20)
Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,100 units at $300 each) $ 3,030,000 Variable costs (10,100 units at $240 each) 2,424,000 Contribution margin 606,000 Fixed costs 468,000 Pretax income $ 138,000 Exercise 18-17 Target income and margin of safety (in dollars) LO C2 1. Assume Hudson Co. has a target pretax income of $167,000 for 2020. What amount of sales (in dollars) is needed to produce this target income
Answer: $3,175,000
Explanation:
Sales in dollars needed to produce the target income is calculated by the formula:
= (Fixed assets + Target pretax income) / Contribution margin per unit * Selling price
Contribution margin per unit = Contribution margin / Units sold
= 606,000 / 10,100
= 60 units sold
Sales in dollars needed are:
= (468,000 + 167,000) /60 * 300
= $3,175,000
Skysong, Inc. began the year with 9 units of marine floats at a cost of $12 each. During the year, it made the following purchases: May 5, 28 unit at $16; July 16, 19 units at $20; and December 7, 24 units at $24. Assume there are 30 units on hand at the end of the period. Skysong uses the periodic approach.
a. Determine the cost of goods sold under FIFO
b. Determine the cost of goods sold under LIFO
c. Calculate average unit cost
d. Determine the cost of goods sold under average-cost. Average-Cost Cost of good sold
Answer:
Skysong, Inc.
a. The cost of goods sold under FIFO
= $816
b. The cost of goods sold under LIFO
= $1,068
c. Average unit cost
= $18.90
d. The cost of goods sold under average-cost
= $945
Explanation:
a) Data and Calculations:
Date Transaction Units Unit Cost Total
Jan. 1 Beginning inventory 9 $12 $108
May 5, Purchases 28 $16 448
July 16 Purchases 19 $20 380
Dec. 7, Purchases 24 $24 576
Dec. 31 Total 80 $1,512
Dec. 31 Ending inventory 30
Dec. 31 Sales 50
a. The cost of goods sold under FIFO:
Jan. 1 Beginning inventory 9 $12 $108
May 5, Purchases 28 $16 448
July 16 Purchases 13 $20 260
Cost of goods sold $816
b. The cost of goods sold under LIFO:
May 5, Purchases 7 $16 112
July 16 Purchases 19 $20 380
Dec. 7, Purchases 24 $24 576
Cost of goods sold $1,068
c. Average unit cost:
= Total cost/Total units
= $18.9 ($1,512/80)
d. The cost of goods sold under average-cost:
= $945 (50 * $18.90)
The following information is available for four companies. Company Current Assets Total Assets Current Liabilities Total Liabilities Net Income Current Ratio Alpha Company $74,524 $168,672 $60,100 $150,600 $94,958 Beta Company $207,536 $290,290 $152,600 $203,000 $207,536 Gamma Company $60,125 $66,929 $32,500 $52,700 $36,725 Delta Company $95,335 $182,520 $82,900 $135,200 $105,283 Which company has the best short-term solvency position
Answer:
Gamma
Explanation:
Current ratio is an example of a liquidity ratio. Liquidity ratios measure a firm's ability to honour its short terms obligations. the higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations
Current ratio = current asset /current liability
Alpha = $74,524 / $60,100 = 1.24
Beta = $207,536 / $152,600 = 1.36
Gamma = $60,125 / $32,500 = 1.85
Delta = $95,335 / $82,900 = 1.15
Gamma has the highest current ratio and the best short-term solvency position
Suppose that city leaders want to prevent the price of AA batteries from rising when tornadoes threaten Tulsa, Oklahoma. They impose a price ceiling of $8 for packages of AA batteries. c. This price ceiling of $8 per pack will impact the AA battery market during a typical week. d. What are quantity demanded and quantity supplied with the price ceiling in effect during the weeks when tornadoes threaten Tulsa
I have attached the word document below, it includesall the necessary information. I hope it will be helpful.
Answer:
The market for packs of AA batteries during a typical week in Tulsa, Oklahoma is described in the table below. Price (dollars)
$20
18
16
14
12
10
8
6 AA Battery Market
Quantity of Batteries
Explanation:
I have attached the document in which the answer is explained in quite detail. I hope this will help. Thanks
Tyron is saving up money for a down payment on a motorcycle. He currently has $2979, but knows he can get a loan at a lower interest rate if he can put down $3830. If he invests the $2979 in an account that earns 3.8% annually, compounded continuously, how long will it take Tyrion to accumulate the $3830
Answer:
6.6 Years
Explanation:
Number of years = [tex]\frac{In(\frac{FV}{PV}) }{r}[/tex]
FV = future value
PV = present value
r = interest rate
[tex]\frac{In(\frac{3830}{2979}) }{0.038}[/tex] = 6.6 years
Carver Packing Company reports total contribution margin of $49,200 and pretax net income of $24,600 for the current month. In the next month, the company expects sales volume to increase by 8%. The degree of operating leverage and the expected percent change in income, respectively, are:
Answer: 2.0 and 16%
Explanation:
The degree of operating leverage and the expected percent change in income, will be calculated thus:
Operating leverage will be:
= Contribution margin / Net operating income
= 49200 / 24600
= 2
Then, percentage change in income will be:
= %change in sale × operating leverage
= 8% × 2
= 16%
A company decides to introduce a line of crackers made with organically grown grains and vegetables. What environmental trend is the company responding to?
Feedback is important in improving our performance, and we should solicit feedback, and not just wait until someone provides us with feedback
a. True
b. False
Bonds A, B, and C all have a maturity of 15 years and a yield to maturity of 9%. Bond A's price exceeds its par value, Bond B's price equals its par value, and Bond C's price is less than its par value. Which of the following statements is CORRECT?
a) Bond A has the most interest rate risk.
b) If the yield to maturity on the three bonds remains constant, the prices of the three bonds will remain the same over the next year.
c) If the yield to maturity on each bond increases to 8%, the prices of all three bonds will decline.
d) Bond C sells at a premium over its par value.
e) If the yield to maturity on each bond decreases to 6%, Bond A will have the largest percentage increase in its price.
Answer:
is b
Explanation:
porque si porque yo así la hise
Erika would like to hire a financial advisor. The financial advisor that she has been considering indicated that she would charge $2,500 to write a financial plan and 1% of any asset she manages. The financial advisor that Erika is considering is using what type of compensation model
Answer:
Fee-only
Explanation:
The financial advisor that Erika is considering is using the fee only compensation model. An advisor who uses this model of compensation is one who receives payment for his or her services rendered directly as fees and not through any forms of commissions. This payment could be based on a particular percentage of your assets that they are in charge of, or it could be hourly.
Answer:
Plato Users
Explanation:
The first drop down is risk and the second one is liquid got 100% on the test.
Montana Industries has computed the following unit costs for the year just ended:
Variable manufacturing overhead $85
Fixed manufacturing overhead 20
Variable selling and administrative cost 18
Fixed selling and administrative cost 11
Which of the following choices correctly depict amounts included in the per-unit cost of inventory under variable costing and absorption costing?
a. Variable, $85; absorption, $105.
b. Variable, $85; absorption, $116.
c. Variable, $103; absorption, $116.
d. Variable, $103; absorption, $105.
e. None of the answers is correct.
Answer:
a. Variable, $85; absorption, $105.
Explanation:
The options that correctly depict amounts included in the per-unit cost of inventory under variable costing and absorption costing is:
i. Variable costing = Variable manufacturing overhead
Variable costing = $85
ii. Absorption costing = Variable manufacturing overhead + Fixed manufacturing overhead
Absorption costing = $85 + $20
Absorption costing = $105
