The two main types of e-commerce are

Answer:

Bawl with ABC bonds

The unrealized Gain/Loss reported in OCI of the 2023 Comprehensive Income statement is:

A Loss of $5,000

Explanation:

a) Data and Calculations:

                                           Cost                MV      Unrealized Profit or (Loss)

December 31, 2021        $100,000     $ 91,000        $9,000 (Loss)

December 31, 2022         100,000        111,000        20,000

December 31, 2023         100,000      106,000          5,000 (Loss)

   Available-for-sale Investment

               Debit       Credit

Dec 31   100,000

Loss                         9,000

Dec 31     91,000    

Profit      20,000

Dec 31    111,000

Loss                        5,000

Dec 31  106,000

The Available-for-sale Investment will show a loss of $5,000 in the Other Comprehensive Income of the 2023 Comprehensive Income Statement based on the yearly adjustments to the account with losses and profits.

Complete Question:

Construction Products Company and Dante enter into a contract for a sale of bricks and stones. Construction Products knows the purpose for which Dante will use the goods. Under the UCC, an implied warranty of fitness of a particular purpose arises:

Group of answer choices.

a. if the buyer is relying on the seller to select suitable goods.

b. if the buyer asks for it.

c. if the seller is a merchant who deals in goods of the kind sold.

d. in conjunction with lease contracts, not sales contracts.

Answer:

a. if the buyer is relying on the seller to select suitable goods.

Explanation:

In this scenario, Construction Products Company and Dante enter into a contract for a sale of bricks and stones. Construction Products knows the purpose for which Dante will use the goods (bricks and stones). Under the Uniform Commercial Code (UCC), an implied warranty of fitness of a particular purpose arises if the buyer is relying on the seller to select suitable goods. This simply means that, Construction Products who is the seller of the bricks and stones implied a warranty of fitness because they know the purpose for which Dante will use the acquired goods and should meet his requirements or needs.

Hence, Construction Products Company is bounded by the contractual agreement (warranty) to provide quality goods which would meet Dante's reasons for buying them since he relying on their expertise or judgmental skills.

Answer:

Direct material price variance= $25,000 unfavorable

Explanation:

Giving the following information:

Standard price= $16

During March, Marks made 10,000 units of the product, using 50,000 pounds at a total purchase price of $825,000.

To calculate the direct material price variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Actual price= 825,000/50,000= $16.5

Direct material price variance= (16 - 16.5)*50,000

Direct material price variance= $25,000 unfavorable

Answer:

Explanation:

1. Equilibrium Output or GDP is calculated by the expression;

Output or Y = Consumption + Investment + Government expenditure + Net exports

Net exports and Government expenditure are assumed to be 0.

Consumption  = 100 + 0.9Y

Investment = $300 billion

Y = 100 + 0.9Y + 300

Y - 0.9Y = 400

Y = 400/0.1

Y = $4,000 billion

2. Y = 50 + 0.9Y + 300

Y - 0.9Y = 350

0.1Y = 350

Y = 350/0.1

Y = $3,500 Billion

Answer:C

Explanation: A company that has many fixed costs

Answer:

S

Explanation:

Answer and Explanation:

The Preparation of income statement of each point is shown below:-

 A.                           Kenton and Denton Universities

                                             Income Statement

Particulars                                   Kenton        Denton

Revenue (20 × $450)                  $9,000      $9,000

Less: Instruction fees

Per course fees                         $5,000

Per student fee (20 × $250)                           $5,000

Net income                                 $4,000         $4,000

B.                                          Kenton Universities

                                             Income Statement

Particulars                                   Kenton      

Revenue (40 × $240)                  $9,600

Less: Instruction fees

Per course fees                           $5,000

Net income                                  $4,600

C.                                           Denton Universities

                                             Income Statement

Particulars                                     Denton  

Revenue (40 × $240)                  $9,600

Less: Instruction fees

Per student fee (40 × $250)       $10,000

Net income                                  -$400

D.                            Kenton and Denton Universities

                                             Income Statement

Particulars                                   Kenton        Denton

Revenue (10 × $450)                  $4,500      $4,500

Less: Instruction fees

Per course fees                         $5,000

Per student fee (10 × $250)                           $2,500

Net income                                 -$500         $2,000

We simply deduct all the expenses from the revenue to arrive at net income and a net loss

Answer:

a) total return = ($1,000 x 4.2%) + ($950 - $900) = $92

b) nominal rate of return = total return / total investment = $92 / $900 = 10.22%

c) we calculate the approximate real rate of return = nominal rate of return - inflation rate = 10.22% - 2.5% = 7.72%

if we want to determine the exact real rate of return:

exact real rate of return = [(1 + nominal rate) / (1 + inflation rate)] - 1 = (1.1022 /1.025) - 1 = 7.53%

Question Completion:

Choices: a. No tax liability on the sale b. $2,000,000 of tax c. $2,960,000 of tax d. $2,100,000 of tax

Answer:

b. $2,000,000 of tax for individuals

Explanation:

Long-term capital gains tax is a tax on profits from the sale of an asset which an investor has held for more than a year. The approved long-term capital gains tax rates are 0%, 15% or 20% depending on your taxable income bracket and whether you are filing as a single or jointly as married.  But, an important point to note is that long-term capital gains tax rates are generally lower than short-term capital gains tax rates, thus encouraging investors to hold assets for a longer time.  Short-term capital gains tax rates are the rates applicable to the normal individual income tax brackets.

Answer:

$110,000 on maturity

Interest of $6,050 semiannually

Explanation:

Jordan will pay $110,000 at maturity date with 20 payments of  $6050 as interest

11% bonds at par value = $110,000

Interest paid = Semiannually

Market rate = 10%

At maturity, the par value will be paid as the par value of Jordan issued bonds is 110,000, therefore, Jordan will pay 110,000 on the maturity date.

As the bonds are issued for 10 years with semiannual payments that will be like 20 payments of $6,050 (110,000 x 10% x 6/12)

Answer:

Bond Price = $4698.59

Explanation:

The price of  a bond is equal to the present value of the interest payments, which are in form of an annuity, made by the bond plus the present value of the face value of the bond.

The formula to calculate the price of the bond is attached.

The semi annual coupon rate = 6.6% / 2 = 3.3%

Total period = 2 * 2 = 4

Semi annual YTM = 10% / 2 = 5%

Semi annual coupon payment = 5000 * 0.033 = 165

Bond Price = 165 * [( 1 - (1 + 0.05)^-4) / 0.05]  +  5000 / (1+0.05)^4

Bond Price = $4698.59

Answer:

b

Explanation:

Complete Question:

What type of policy lowers interest rates to allow individuals access to more money for large purchases?

Group of answer choices

A. Fiscal.

B. Stimulus.

C. Discount.

D. Monetary.

Answer:

D. Monetary.

Explanation:

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.

Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).

Additionally, monetary policy lowers interest rates to allow individuals access to more money for large purchases.

Answer:

The strategy is Search Engine Optimization (SEO), an important strategy in digital marketing.

Explanation:

Search Engine Optimization (SEO) means optimizing the website structure, improve on keywords strategy and visual effects to increase the website's visibility, its ranking on search engine like google, bing, yahoo search .etc... and subsequently, push up the traffic volume to the website.

Answer:

b. 1.50(150%)

Explanation:

Given that, the standard time per packages is 10 minutes

Then, the total time taken in eight hour shift is 8 * 60 = 480 minutes

The standard output = Total time taken / Standard time = 480/10 = 48 packages

Therefore, the efficiency of Kaitlyn = Kaitlyn's Output / Standard output

=72 / 48

= 1.5

Hence, the answer is 150% or 1.5

Answer:

 1.1 The ratio from the list below which measures the efficiency of the operations of a company is D - Total Asset Turnover Ratio.  

Explanation:

Total Asset Turn Over Ratio is calculated by dividing Net Sales by Average Total Assets.

For example, if company CDH is reporting a value of $499,650 as initial total assets and $387,656 as ending total assets. Within the same period, the company generated sales of $250,655, with sales returns of $17,000.

This means that, the asset turnover ratio for Company CDH is calculated as follows:

($250,655-$17,000)/(($387,656+$499,650)/2)

The answer is 0.52667

Thus, every dollar in total assets generates $0.52667 in sales.

Efficiency ratios are important for rating the operations of the business. They are also used by investors and lenders when conducting financial analysis of businesses to decide whether the companies are a good investment.

1.2 The component which summarises the components applicable in 1.1 is D Total Asset Turnover          

2. Working capital is the variance between current assets and current liabilities.

. This is simply the capital that an organisation uses in its day-to-day business operations.

3.   The short-term liquidity ratios which calculate how frequently a company collects its accounts are:

A) Days' sales Uncollected and

C) Accounts receivable turnover.

A) Days' sales Uncollected is calculated by

(Accounts receivable/Net annual credit sales) x 365

It is the number of days before receivables are collected.

The lower the ratio the more liquid the company is likely to be. High Days' Sales Uncollected Ratios are bad for business.

C) Accounts receivable turnover is the annual rate at which a business collects its average accounts receivable.

Cheers!

Answer:

$3,289.5

Explanation:

The computation of the amount of recorded interest expense for the first semiannual interest period is shown below:-

Amortization of premium = Premium amount ÷ Number of semi-annual periods

where

Premium amount = Par value - issue price

= $102,105 - $100,000

= $2,105

Number of semi-annual periods = 5 × 2

= 10 periods

Amortization of premium = $2,105 ÷ 10

= 210.5

Semi-annual interest expense = Face value × Coupon rate × (6 ÷ 12)

= $100,000 × 7% × (6 ÷ 12)

= $3,500

First semi-annual interest expense = $3,500 - 210.5

= $3,289.5

Answer:

a. The answers are as follows:

(i) Expected of Return of Portfolio = 4%; and Beta of Portfolio = 0

(ii) Expected of Return of Portfolio = 6.25%; and Beta of Portfolio = 0.25

(iii) Expected of Return of Portfolio = 8.50%; and Beta of Portfolio = 0.50

(iv) Expected of Return of Portfolio = 10.75%; and Beta of Portfolio = 0.75

(v) Expected of Return of Portfolio = 13%; and Beta of Portfolio = 1.0

b. Change in expected return = 9% increase

Explanation:

Note: This question is not complete as part b of it is omitted. The complete question is therefore provided before answering the question as follows:

Suppose that the S&P 500, with a beta of 1.0, has an expected return of 13% and T-bills provide a risk-free return of 4%.

a. What would be the expected return and beta of portfolios constructed from these two assets with weights in the S&P 500 of (i) 0; (ii) 0.25; (iii) 0.50; (iv) 0.75; (v) 1.0

b. How does expected return vary with beta? (Do not round intermediate calculations.)

The explanation to the answers are now provided as follows:

a. What would be the expected return and beta of portfolios constructed from these two assets with weights in the S&P 500 of (i) 0; (ii) 0.25; (iii) 0.50; (iv) 0.75; (v) 1.0

To calculate these, we use the following formula:

Expected of Return of Portfolio = (WS&P * RS&P) + (WT * RT) ………… (1)

Beta of Portfolio = (WS&P * BS&P) + (WT * BT) ………………..………………. (2)

Where;

WS&P = Weight of S&P = (1) – (1v)

RS&P = Return of S&P = 13%, or 0.13

WT = Weight of T-bills = 1 – WS&P

RT = Return of T-bills = 4%, or 0.04

BS&P = 1.0

BT = 0

After substituting the values into equation (1) & (2), we therefore have:

(i) Expected return and beta of portfolios with weights in the S&P 500 of 0 (i.e. WS&P = 0)

Using equation (1), we have:

Expected of Return of Portfolio = (0 * 0.13) + ((1 - 0) * 0.04) = 0.04, or 4%

Using equation (2), we have:

Beta of Portfolio = (0 * 1.0) + ((1 - 0) * 0) = 0

(ii) Expected return and beta of portfolios with weights in the S&P 500 of 0.25 (i.e. WS&P = 0.25)

Using equation (1), we have:

Expected of Return of Portfolio = (0.25 * 0.13) + ((1 - 0.25) * 0.04) = 0.0625, or 6.25%

Using equation (2), we have:

Beta of Portfolio = (0.25 * 1.0) + ((1 - 0.25) * 0) = 0.25

(iii) Expected return and beta of portfolios with weights in the S&P 500 of 0.50 (i.e. WS&P = 0.50)

Using equation (1), we have:

Expected of Return of Portfolio = (0.50 * 0.13) + ((1 - 0.50) * 0.04) = 0.0850, or 8.50%

Using equation (2), we have:

Beta of Portfolio = (0.50 * 1.0) + ((1 - 0.50) * 0) = 0.50

(iv) Expected return and beta of portfolios with weights in the S&P 500 of 0.75 (i.e. WS&P = 0.75)

Using equation (1), we have:

Expected of Return of Portfolio = (0.75 * 0.13) + ((1 - 0.75) * 0.04) = 0.1075, or 10.75%

Using equation (2), we have:

Beta of Portfolio = (0.75 * 1.0) + ((1 - 0.75) * 0) = 0.75

(v) Expected return and beta of portfolios with weights in the S&P 500 of 1.0 (i.e. WS&P = 1.0)

Using equation (1), we have:

Expected of Return of Portfolio = (1.0 * 0.13) + ((1 – 1.0) * 0.04) = 0.13, or 13%

Using equation (2), we have:

Beta of Portfolio = (1.0 * 1.0) + (1 – 1.0) * 0) = 1.0

b. How does expected return vary with beta? (Do not round intermediate calculations.)

There expected return will increase by the percentage of the difference between Expected Return and Risk free rate. That is;

Change in expected return = Expected Return - Risk free rate = 13% - 4% = 9% increase

Answer:

WACC = 21.7%

Explanation:

The firm is an all-equity finance firm which implies that the company uses only equity funds to finance its its operation without the use of debt. Therefore, the cost of the equity of the firm would be the same as its cost of capital (WACC)

The WACC can be determined using the the capital asset pricing model (CAPM). The CAPM relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c  

Using the CAPM , the required rate of return is given as follows:  

E(r)= Rf +β(Rm-Rf)  

E(r) - required return

β- Beta

Rm- Return on market  

Rf- Risk-free rate

Rm-Rf- Market risk premium

DATA

E(r) =? , Rf- 2.5%, Rm-Rf- 6% , β- 1.2

E(r) = 2.5% + 1.2× (16%) = 21.7 %

Cost of equity = 21.7%

WACC = 21.7%

Answer:

Most Company

a. Annual expected net cash flows:

                                                   Project Y         Project Z

Net cash flows before tax         139,500           122,200

Expected net cash flows:

Income taxes (38%)                      31,160              20,216

Net cash flows after tax          108,340             101,984

b. Accounting rate of return:

= Annual Net Income/Average Investment

Project Y:

= $50,840/$278,000 * 100

= 18.29%

Project Z:

= $32,984/$234,800 * 100

= 14.05%

c. Net Present Value, using 6% discount rate:

Annuity PV                              Project Y            Project Z

Annuity factor = 4.212

Annuity of operating outflows 929,746           698,350

Initial Investments                    345,000           345,000

Total PV of investments       $1,274,746      $1,043,350

Annuity of cash inflows        $1,516,320       $1,213,056

Net present value                 $241,574          $169,706

Explanation:

a) Data and Calculations:

1. Investments in Projects:

                                                  Project Y            Project Z

Investments                             $345,000           $345,000

Project's life                               6 years                5 years

Salvage value                            0                          0

Depreciation method = straight-line method

Annual Depreciation expenses $57,500          $69,000

2. Cash Inflows:

Sales                                           360,000          288,000

3. Cash Outflows:

Direct materials                            50,400            36,000

Direct labor                                   72,000            43,200

Overhead                                      72,100            60,600

Selling & Admin. expenses         26,000            26,000

Total Operating Outflows         220,500           165,800

Net cash flows before tax         139,500           122,200

Expected net cash flows:

Income taxes (38%)                      31,160              20,216

Net cash flows after tax            108,340             101,984

4. Accounting rate of returns calculations:

                                                    Project Y         Project Z

Annual Net income                     $50,840          $32,984

Project's life                                  6 years            5 years

Initial Investments                       345,000         345,000

Annual Cash Outflows               220,500          165,800

Total Cash Outflows                 1,323,000         829,000

Total Investments                     1,668,000        1,174,000

Average Investments               $278,000       $234,800

Average investments = total investments/number of project's years.

5. Most Company's accounting rate of return measures the average annual net income as a percentage of the average investments, without considering the time value of money.

6. Most Company's NPV or net present value of a project calculates the difference between the present values of the inflows and the outflows of a project over its life.

Answer: Collaborative climate

Explanation:

When an individual enjoys working with this team because they all trust each other and respect what each person brings to the team, the characteristic of team excellence displayed is referred to as collaborative climate.

Collaborative teams come together and work together in order to achieve the aims and objectives of the organization. A collaborative team bonds and trust each other.

Answer:

A) Cash is debited for $294,000. and,

C) Common Stock is credited for $294,000.

Explanation:

When Shares are Issued for Cash, recognize the Assets of Cash (Debit) and also recognize an equity element - Common Stock (Credit).

Answer:

20.40%

Explanation:

According to CAPM :

expected rate of return = risk free rate + (beta x market rate of return)

6% + (1.2 x 12%) = 20.40%

Answer:

authoritarian leadership style

Explanation:

In simple words, An authoritarian form of leadership relates to the leadership style  where a leader determines strategies and practices, defines what objectives are to be accomplished, and manages and monitors all operations without substantive involvement by subordinates. An authoritative style of management can be highly successful in some cases, but also has negative consequences on community participants or staff.

Answer:

b. $34,000.

Explanation:

The computation of contribution margin is shown below:-

Particulars          Bales      Tales     Wales

Seeling price     $55          $78          $32

Variable cost     $20           $50         $15

Contribution

margin                $35          $28          $17

Required hour to

process                5             7              1

Contribution margin

per hour             7                4              17

Maximum contribution margin is

= Contribution margin per hour × number of machine hours

= 17 × 2,000

= $34,000

Answer:  B. decreases aggregate supply because​ firms' costs increase

Explanation:

The rise in the the minimum wage rate raise the production cost .

This tends to shift the aggregate supply curve leftwards because the profit margins of firm will decrease and that tends to decrease the production.( at each unite of production.)

Hence, the rise in the minimum wage​ decreases aggregate supply because​ firms' costs increase .

Therefore , the correct option is 'B'.

Answer:

The correct answer is the option A: True.

Explanation:

To begin with, a management control system is understood as an ensemble of different subsystems that work with each other in order to cooperate to do the task and obtain the objectives that the user is looking for. In this case in particular, this type of system focus primarily in the objective of gathering data with the purpose of using it to evaluate the performances of the members of the organization so that would help the manager to take decisions when he has to. That is why that this system is a logical integration of techniques that would ensemble data to be used.

Answer:

c. Report $10,000 revenue and expense | Disclose in the notes

Explanation:

Not-for-profit entities must report the fair value of all the goods they receive as donations. in this case, they would have to report the $10,000 worth of food received from a local supermarket. But they are not required to report the value of volunteer work, they only have to disclose it on the footnotes of their financial statements.

Answer:

Direct Products Company

Operating cash flow statement

For the year ended December 31, 202x

Net income                                                             $6,500

Adjustments to net income:

Net cash flow provided by operating activities   $7,673

Explanation:

Net Income $6,650

Depreciation Expense $1,300

                                          ending           beginning

Accounts Receivable        $570                $600

Inventory                            $820                $685

Accounts Payable             $430                $480

Prepaid Rent                        $29                  $22

Prepaid Insurance               $27                   $32

Salaries Payable                  $66                  $43

Utilities Payable                   $24                   $17