Answer:
Egyptian house holds yes
You have $425 today which is enough to buy 17 shirts. If the price of shirts are expected to increase by 2% over the next year, what (precise) nominal rate would you have to earn to be able to buy 20 shirts next year
Answer:
The precise nominal rate you have to earn to be able to buy 20 shirts next year is $510.
Explanation:
a) Data and Calculations:
Earnings today = $425
Number of shirts bought = 17
Therefore, the cost of each shirt = $425/17 = $25
If the price of shirts increases by 2%, the new cost will be $25.50 ($25 * 1.02)
This implies that to be able to buy 20 shirts next year, you will earn $510 ($25.50 * 20).
b) In this case, earnings are influenced by the number and price of shirts needed next year.
Under the principle of lower of cost and net realizable value, when a company has 10 units of inventory A with net realizable value of $50 and a cost of $60, what is the adjustment
Answer:
Dr Cost of Goods Sold $100
Cr Inventory $100
Explanation:
Calculation for the Adjustment
Based on the information given we were told that in a situation where a company has 10 units as inventory A which include a net realizable value of the amount of $50 and a cost of the amount of $60 Under the principle of lower of cost as well as net realizable value the adjustment will be:
Dr Cost of Goods Sold $100
Cr Inventory $100
(10 units x $10 price reduction)
Calculation for price reduction
Cost $60
Realizable value $50
Price reduction $10
A user access agreement typically is __________ than the list of employee expected behaviors within an organization.
Answer:
Narrower
Explanation:
To make sure that all employees that work in an organization know all their responsibilities, that is ethical and legal. They are required to review and to also accept the terms that has been stated in the user access agreement form.
So for this question, the user access agreement is narrower than the list of employees expected behavior in an organization.
A car's price is currently $20,000 and is expected to rise by 4% a year. If the interest rate is 6%, how much do you need to put aside today to buy the car one year from now
Answer:
the amount need to put aside is $19,623
Explanation:
The computation of the amount need to put aside is shown below;
= (Current car price × (1 + expected rise percentage)) ÷ (1 + rate of interest)
= ($20,000 × 1.04) ÷ 1.06
= $19,623
hence, the amount need to put aside is $19,623
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $37,500; net cash used in investing activities was $13,800 and net cash used in financing activities was $17,700. If the beginning cash balance is $6,900, what is the ending cash balance?
a) $75,900.
b) $62,100.
c) $40,500.
d) $6,000.
$12,900.
Answer:
e. $12,900
Explanation:
Given that:
Net Cash provided by operating activities = $37,500
Net Cash used in investing activities = $13,800
Net Cash used in financing activities = $17,700
Beginning cash balance = $6,900
Stormer company's ending balance would be;
= Beginning cash balance + Net cash provided by operating activities - Net cash used in financing activities - Net cash used in investing activities
= $6,900 + $37,500 - $17,700 - $13,800
= $12,900
Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $3.4 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next 5 years. The discount rate is 15 percent. What is the benefit of the remodeling project to Professional Properties? A) -$651,233 B) -$489,072 C) $5,214 D) $128,399 E) $311,417
Answer:
A) -$651,233
Explanation:
The computation of the benefit generated of the remodelling project is shown below:
If we considered the discounted rate i.e. 15% for 5 years of $820,000 so its present value would be $2,748,767 ($820,000 × 3.3521)
And, the predicted cost is $3,400,000
So here the cost is there instead of the benefit of
= $2,748,767 - $3,400,000
= -$651,233
Hence, the correct option is A
CVS has food, health, and beauty products in their store brand offerings. So, they have a large product mix ____.
a. width
b. depth
c. quality
d. price
Answer:
c
Explanation:
What do franchisees typically have to pay to the franchisor?
a. One-time franchise fee
b. Nominal fee for business knowledge
O c. Monthly royalties based on sales
d. One-time franchise fee and monthly royalties based on sales
O e. Approximately half of the franchise's profits each month
Answer:
E because I looked it up
Explanation:
e
Approximately half of the franchise's profits each month the franchisees typically have to pay to the franchisor. Thus, option E is appropriate.
An alliance between a franchisor with a franchisee is known as a franchise. The original company is the franchisor. It promises to sell a license for its name and idea. The franchisee invests in the right to promote and advertise the franchisor's products and services using an established brand business strategy.
If you purchase a franchise either an investor or a franchise, you can operate a business. You receive a format originator system created by the business (franchisor), a license to use its name for a predetermined period, and help in exchange for paying a franchise fee.
Thus, option E is correct.
Learn more about the Franchise here:
https://brainly.com/question/3032789
#SPJ4
On its first day of trading, Twitter closed at $41.57 per share. Two years later and the price was $26.85, what was the annual return on the stock if returns are compounded daily?
A. 21.86%.
B. -21.85%.
C. -5.99%.
D. -19.63%.
Answer:
B. -21.85%.
Explanation:
Calculation for the annual return on the stock
First step is to calculate the Number of periods
Number of periods = 2 * 365 days in a year
Number of periods= 730
Second Step is to calculate the Daily return using this formula
Daily return = (Future value / initial value)^1/n - 1
Let plug in the formula
Daily return = (26.85 / 41.57)^1/730 - 1
Daily return = (0.645898)^1/730 - 1
Daily return = 0.999401 - 1
Daily return = -0.00059861*100
Daily return = -0.059861%
Last step is to calculate annual return
Using this formula
Annual return=Daily return/ Numbers of days in a year
Annual return = -0.059861% * 365
Annual return = -21.85%
Therefore the annual return on the stock if returns are compounded daily will be 21.85%
To use an outline for writing a formal business document, what should you do after entering your bottom-line statement? O A. Move the bottom-line statement to the end of the document. OB. Write a topic sentence for every detail. O C. Enter each supporting detail from the outline on a separate line. O D. Enter each major point from the outline on a separate line.
Answer:
enter each major point from the outline on a separate line
Explanation:
Kk
Answer:
D : Enter Each Major Point From The Outline On a Separate Line
Explanation:
AP3X
pog
ix company issued 16,000 shares of $10 par value common stock at a market price of $21. as a result of this accounting event, the amount of stockholders equity would
Answer:
increase by $336,000.
Explanation:
Options are "1. increase by $176,000. 2. increase by $336,000. 3. increase by $160,000. 4. be unaffected."
Common stock will increase by $160,000, the par value, and paid-in capital in excess of par value will increase by $176,000, for a total increase in stockholders' equity of $336,000.
A company is involved in a lawsuit for which the contingent liability is remote. How should the liability be treated on the balance sheet?
a. It should be disclosed in the notes only.
b. It should not be recorded and need not be disclosed.
c. It should be recorded as a current liability.
d. It should be recorded as a long-term liability.
Answer:
b. It should not be recorded and need not be disclosed.
Explanation:
A contingent liability must be recorded in the balance sheet only if its outcome is very probable and the company can estimate its cost.
If the liability is only possible or its amount cannot be determined exactly, then it must be disclosed in the footnotes.
If the liability is only a remote outcome, or it is unlikely to happen, then it doesn't need to be recorded or disclosed.
On Sep 18, Mesa returned $800 of the inventory. On Sep 20, Mesa paid Butte for the inventory. What journal entry did Mesa make on Sep 20
Answer:
Decrease the trade payables by a debit entry with the amount paid after the return is made. Also decrease the assets of cash by creating a credit entry to depict outflow of economic benefits.
Explanation:
Hi, your question is incomplete, i tried looking for the question online but i could not find it.
Here i will explain the journal entries that are usually made when there is a Purchase, Return and Payment of Inventory assuming the view of the customer or trade receivable.
1. Purchase
Here we have to increase the value of inventory by creating a debit entry and also increase the value of trade payable by creating a credit entry.
2. Return
The value of trade payables has to be decreased to the extent of the amount that would have been paid if the inventory was not returned. Also the inventory value has to decrease with the same amount as for the trade payable.
3. Payment
Decrease the trade payables by a debit entry with the amount paid the after return is made. Also decrease the assets of cash by creating a credit entry to depict outflow of economic benefits.
You purchase a $325,000 town home and you pay 25 percent down. You obtain a 30-year fixed-rate mortgage with an annual interest rate of 5.75 percent. What’s your monthly payment? After five years, what is the balance of your mortgage loan?
Answer:
kjhgkjhg
Explanation:
If the total cost of 3 units is $40 and the total cost of 4 units is $50, the marginal cost of the fourth unit is:
Answer:
$10
Explanation:
Calculation for the marginal cost of fourth unit
Using this formula
Marginal cost = Change in Total cost / Change in number of units
Let plug in the formula
Marginal cost of fourth unit = $(50 - 40) / (4 - 3)
Marginal cost of fourth unit= $10 / 1
Marginal cost of fourth unit= $10
Therefore Marginal cost of fourth unit will be $10
According to the video, what is the main purpose of Insurance Underwriters’ work?
to protect insurance companies
to investigate insurance claims
to sell insurance policies
to advise individual investors
Answer:
A
Explanation:
just did it lol
Answer:
A. to protect insurance companies
Explanation: Just got done on edge
When an investor group or institutional investment firm buys stock in a company in anticipation of the stock going up, with no intention of holding the stock as part of a long-term strategy of investing, and then selling the stock to make a quick profit is known as:__________.
a. Shorting stock
b. Capital asset pricing
c. Simplification
d. Derivative inversion
e. Arbitrage
Answer:
The correct answer is the option A: Shorting stock.
Explanation:
To begin with, in the world of the investments the term known as "Short Selling" refers to trading strategy that is famously known due to the fact that is totally speculative because the investor who buys the stock does not plan on keeping it for a long period of time but instead he plans to sell right away once that the price has risen up from its original price. Therefore that when an institutional investment firm buys stock in a company in anticipation of the stock going up with no intention of holding the stock and then selling to make a quick profit then the investors are selling in short
An entrepreneur invests in his dream business of selling golf-carts. The initial investment is $230,064.00. The entrepreneur expects to generate an annual after-tax cash flow of $55,966.00 in running this business. How long before the project will pay back
Answer:
Folly Beach has long been the epicenter of fun and sun for generations of College of Charleston students.
Taylor Denny (left), Jake Cotreau (center) and Matthew Coda (right).
Taylor Denny (left), Jake Cotreau (center) and Matthew Coda (right).
But for three recent graduates, the quirky little beach town is all about business.
By the time alumni Matthew Coda, Jake Cotreau and Taylor Denny walked across the Cistern stage to receive their diplomas in May 2014 they already knew how and where they planned to begin their careers.
This month the three young entrepreneurs launched Golden Sun Taxi, a fleet of three solar-powered, golf cart taxis that shuttle passengers along the sandy streets of Folly Beach. Aimed primarily at tourists, the business is believed to be the first of its kind in the United States.
A stock had returns of 18.58%, -5.58%, and 20.81% for the past three years. What is the variance of returns?
Answer:
Variance = 0.02141851
Explanation:
We first calculate the mean for the stocks
Mean = (0.1858 - 0.0558 + 0.2081) / 3
Mean = 0.3381 / 3
Mean = 0.1127
Variance = [(0.1858 - 0.1127)^2 + (- 0.0558 - 0.1127)^2 + (0.2081 - 0.1127)^2] / 3 -1
Variance = [0.0731^2 + (-0.1685^2) + 0.0954^2] / 2
Variance = 0.00534361 + 0.02839225 + 0.00910116 / 2
Variance = 0.04283702 / 2
Variance = 0.02141851
The variance of returns is 0.02141851
On the 2020 consolidation working paper, eliminating entry (N) recognizes noncontrolling interest in net income of:_________
Answer:
Following are the solution to this question:
Explanation:
Please find the complete question in the attached file.
Credit cost depreciation [tex]= \$ \ 40,000[/tex]
(Detailed: [tex]\frac{400,000}{10}=40,000[/tex])
DR Acc. [tex]40,000[/tex]
CR Dep. Exp.[tex]40,000[/tex] )
____ demonstrates that management has identified an acceptable risk level and provided resources to control unacceptable risk levels.
Answer:
Accreditation
Explanation:
Accreditation is usually known as voluntary process. It occurs when a private non-governmental organization or agency carry out an external review and gives recognition to a program of study or institution that meets certain pre-determined standards. Accreditation is usually carry out thoroughly and in an organized manner.
I need help finding a name for my female cat that I get in a week. Any suggestions?
Answer:
AWWW SO CUTEEE!!! and how about Dolly or Lillith?
Explanation:
Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. *Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 545,000 units during next year, the number of units it would have to manufacture during the year would be:________
a) 492,000 units
b) 545,000 units
c) 575,000 units
d) 515,000 units
Answer: d. 515,000 units
Explanation:
If they plan to sell 545,000 units then given those beginning and ending balances of finished goods, they will have to manufacture;
= Sales + Ending balance - Beginning balance
= 545,000 + 63,000 - 93,000
= 515,000 units
05. In identifying risks to then manage and control, as the portfolio
manager you are consulting organizational process assets such as:
Aster Inc. uses the LIFO method for calculating its cost of goods sold and inventory. What was the total cost of goods sold on January 27th?
Answer:
The answer is 7,000
Explanation:I got it right on Plato/edmentum
Many firms offer substantial rebates by mail or coupons for discounts at the point of sale. The people who use the rebates or coupons have ______ than the people who don't use them.
a. greater price sensitivity.
b. less price sensitivity.
c. inverted price sensitivity.
d. the same price sensitivity.
Answer:
a. greater price sensitivity.
Explanation:
Price sensitivity can be defined as a measure of the degree to which the selling price of a product affects the purchasing behavior of a customer.
This ultimately implies that, a price sensitive customer is impacted negatively by the price of a product and as such would be stuck between making the decision of whether to buy or not buy the product.
Hence, when customers are paying the bill themselves, they are likely to be more price sensitive because they are solely responsible for the payment. Therefore, it's an innate nature of human to be less sensitive to the price of goods and services when it's another person paying for them or say when sharing the cost.
In this scenario, many firms offer substantial rebates by mail or coupons for discounts at the point of sale. Thus, the people who use the rebates or coupons have greater price sensitivity than the people who don't use them.
Which of the following survey response methods is the most difficult for researchers to code for evaluation:
Answer:
No options are given, but the most commonly used survey response methods are:
Multiple choice questions = generally easy to codeRating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent Matrix questions. = are a little bit more complex since they involve several rating scale questions, but it is not something difficult eitherDropdown questions. = similar to multiple choice questionsOpen-ended questions. = this are hard to code since each subject can respond different things, e.g. the thing that I like the most about this project is bla, bla, bla. There are no pre-set answers given to the subjects. THIS TYPE IS THE MOST DIFFICULT TO CODE.Demographic questions = similar to multiple choiceRanking questions = similar to scaled questionsThis year Amy purchased $2,000 of equipment for use in her business.However, the machine was damaged in a traffic accident while Amy was transporting the equipment to her business.Note that because Amy did not place the equipment into service during the year, she does not claim any depreciation expense for the equipment.
a. After the accident, Amy had the choice of repairing the equipment for $1,800 or selling the equipment to a junk shop for $300.Amy sold the equipment.What amount can Amy deduct for the loss of the equipment?
b. After the accident, Amy repaired the equipment for $800.What amount can Amy deduct for the loss of the equipment?
c. After the accident, Amy could not replace the equipment so she had the equipment repaired for $2,300.What amount can Amy deduct for the loss of the equipment?
Answer:
a. After the accident, Amy had the choice of repairing the equipment for $1,800 or selling the equipment to a junk shop for $300.Amy sold the equipment.What amount can Amy deduct for the loss of the equipment?
Amy can deduct $2,000 - $300 = $1,700 as casualty loss. Casualty losses occur due to unexpected and sudden events that damage or destroy assets.
b. After the accident, Amy repaired the equipment for $800.What amount can Amy deduct for the loss of the equipment?
Amy can deduct $1,800 as casualty loss. She can deduct the lesser between the asset cost and the cost or repairing it.
c. After the accident, Amy could not replace the equipment so she had the equipment repaired for $2,300.What amount can Amy deduct for the loss of the equipment?
Amy can deduct $2,000 as casualty loss. She can deduct the lesser between the asset cost and the cost or repairing it.
International trade specialists that buy goods at a discount from a small businesses and resell them abroad are called
A. commission house brokers
B. exporting trade companies
C. business trade unions
D. domestic channel companies
Answer: B. exporting trade companies
Explanation:
Trade unions are the organisations that are out in place so as to protect the interest of workers. They negotiate for better wages and salaries, provide job security, and seek better working conditions for their workers.
Export trading company is simply referred to as an independent company that helps in the provision of support services to the companies that are involved in the exportation of goods and services.
Commission house brokers is simply an individual who helps in representing people who have properties.
Therefore, the answer is exporting trade companies.
On the variable costing income statement, the figure representing the difference between manufacturing margin and contribution margin is the: a.variable cost of goods sold b.fixed manufacturing costs c.variable selling and administrative expenses d.fixed selling and administrative expenses
Answer:
c. variable selling and administrative expenses
Explanation:
On the variable costing income statement, the figure representing the difference between manufacturing margin and contribution margin is the variable selling and administrative expenses. Variable cost is comprised of cost of goods sold and selling and administrative expense when we deduct cost of goods sold from sales we get manufacturing margin and when we deduct further selling and administrative expense we get contribution margin.
