Answer: 5.45%
Explanation:
The value of a preferred stock is calculated by the formula;
Value = Dividend / required return
Making required return the subject we have;
Required return = Dividend/ Value
= 3/55
= 0.05455
= 5.45%
Rachel entered into a contract to purchase a 2004 Dodge from Hanna, who lived in the neighboring apartment. When a dispute arose over the terms of the contract, Hanna argued that, because neither she nor Rachel was a merchant, the dispute should be decided under general principles of common law. Rachel, on the other hand, argued that Hanna was legally considered to be a merchant because she sold the car for profit and that, consequently, the sale was governed by the Uniform Commercial Code. Who is correct? Explain.
Answer:
Hanna is correct.
Explanation:
The sale of the 2004 Dodge cannot be construed to be a sale of goods under the Uniform Commercial Code since this law covers sales of goods by merchants. Hanna cannot be said to be a merchant of 2004 Dodge as she is not known to be in the business for the purchase and sale of cars. Therefore, the case should be adjudicated under the common law. What has taken place in this instance is the exchange of a personal asset. Hanna cannot make a trading profit from the sale, but a capital gain. Rachel is not correct.
Which situation has become more common as a result of globalization?
A. Commercial banks making risky loans to businesses
B. Central banks directing monetary policy for countries
C. Consumers buying goods from other countries
D. Governments raising taxes on imported products
SUBMD
Answer:
The correct answer will be D
The correct option is D). Governments raising taxes on imported products.
What is globalization?Globalization is the process of interaction and integration among people, businesses, countries etc. on international level.
It is the growing interdependence of the world's economies, cultures, and population that is brought about by cross-border trade in goods, services, technology etc.
The common result of the globalization is that government start raising taxes on the imported goods.
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The accumulated net income of a corporation is called its
Answer:
retained earnings
Explanation:
Accumulated income, also known as retained earnings, includes the portion of net income that is retained by a corporation over time, rather than being distributed as dividends. Any accumulated income is typically used by the corporation to reinvest in its principal business or to pay down its debt.
Suppose all assets and liabilities can be split into two categories: fixed-rate and variable-rate. Bank profits will decline following a decrease in interest rates if the value of its:_______
a. fixed-rate assets is greater than the value of its variable-rate assets.
b. fixed-rate liabilities is greater than the value of its variable-rate liabilities.
c. fixed-rate assets is greater than the value of its fixed-rate liabilities.
d. fixed-rate assets is less than the value of its fixed-rate liabilities.
Answer:
c. fixed-rate assets is greater than the value of its fixed-rate liabilities.
Explanation:
In the case when the rate of interest is reduced than the profit of the bank is increased. Also this case applied when the variable rate assets is less than the variable rate liabilities or the fixed rate of the asset is more than the fixed rate liabilities as in the given case the rate of interest would fallen the interest i.e. paid out that reduce more than the reduction in the interest income
Hence, the option c is correct
Consider Tralfamadore, a hypothetical country that produces only burritos. In 2018, a burrito is priced at $4.00.
Complete the first row of the table with the quantity of burritos that can be bought with $300.
Hint: In this problem, assume it is not possible to buy a fraction of a burrito, and always round down to the nearest whole burrito. For example, if
your calculations result in 1.5 burritos, the answer should be 1 burrito.
Price of a Burrito Burritos Bought with $300
Year (Dollars)
(Quantity)
2018
4.00
2019
4.80
Answer:
price of a burrito in 2018 = $4.00
In 2018, you could purchase $300 / $4 = 75 burritos.
Since the money supply increased by 20% during 2019 and money neutrality holds, the price of burritos will increase by 20% to $4.80.
In 2019, you could purchase $300 / $4.80 = 62.5 ≈ 62 burritos.
By printing more money to pay its debts, the government simply increased the inflation rate and devaluated its currency.
The number of burritos can be bought by $300 in year 2018 and 2019 is 75 and 62 burritos respectively.
A hypothetical country produces only Burritos.
In 2018, a burritos price = $4
In 2019, a burritos price = $4.8
So, in 2018 the number of burritos can be bought by $300 = [tex]\bold {\dfrac{300} {4} }[/tex]
= 75 burritos
in 2018 the number of burritos can be bought by $300 =[tex]\bold {\dfrac{300} {4.8} }[/tex]
= 62.5 = about 62 burritos.
Therefore, the number of burritos can be bought by $300 in year 2018 and 2019 is 75 and 62 burritos respectively.
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This legislation protects individuals who are 40 years of age or older.
Civil Rights Act of 1964
Age Discrimination in Employment Act of 1967 (ADEA)
Americans with Disabilities Act of 1990 (ADA)
The Rehabilitation Act of 1973 (Sections 501 and 505)
Answer:
Age Discrimination in Employment Act of 1967 (ADEA)
Explanation:
The Age Discrimination in Employment Act of 1967 (ADEA) protects Job applicants aged 40 years and above from discrimination based on age in the hiring process. It also advocates for fair and equal treatment to employees of ages 40 and beyond regarding promotion, compensation, and other employment privileges.
The Equal Employment Opportunity Commission enforces the ADEA act.
Read the following cases and answer the questions given at the end.
Wasi sold his factory carrying motorcycles manufacturing plants to Tipu stating its production capacity of 200,000 units annually. Tipu, after buying the factory came to know that the contract was based on false claim of the stated production capacity. Briefly describe whether the contract is valid, voidable or void contract.
A music hall was rented out for a series of concerts. The hall caught fire before the date of first Concert. Explain the nature of contract with respect to executed/executor/valid or voidable contract.
A threatens B to kill if he does not sell his BMW worth Rs. 1.65M to the former for Rs 1M. B, to save his life, agreed to sell his BMW to A and receives the payments. Is this a valid contract? Explain your answer with reason in either case.
Answer:
Wasi sold his factory carrying motorcycles manufacturing plants to Tipu stating its production capacity of 200,000 units annually. Tipu, after buying the factory came to know that the contract was based on false claim of the stated production capacity.
This contract is voidable. It might be valid in princple, but there is one undeniable fact, and that is that Wasi misrepresented the production capacity of the plant. Tusi could easily render this contract void in a civil court.
A music hall was rented out for a series of concerts. The hall caught fire before the date of first Concert. Explain the nature of contract with respect to executed/executor/valid or voidable contract.
This contract is valid. The principles of the contract are valid: the hall was in good condition, and the parts of the agreement willfully signed the contract. The fact that the hall shortly after caught fire is not anyone's fault in particular.
A threatens B to kill if he does not sell his BMW worth Rs. 1.65M to the former for Rs 1M. B, to save his life, agreed to sell his BMW to A and receives the payments. Is this a valid contract?
This contract is void, from start. The reason is simply that threatening to kill a person in order to make this person act as one wishes is an illegal act. Person B did not have any other option but to accept the terms, since his life was at stake. This contract would immediately struck down in court, and person A would have to face criminal justice.
Toyota was recently able to endure challenging times that required massive recalls affecting several million of its vehicles. Toyota has relied on its _____ to survive and continue to prosper. a. brand extension.
b. family branding.
c. individual branding.
d. Brand equity.
e. Brand loyalty.
Answer:
d is your answer
Explanation:
$6 million contract. The contract calls for a payment of $1.2 million today, $1.5 million one year from now, $1.5 million two years from now, and $1.8 million three years from today. What is this contract really worth if Ramon can earn 10.5 percent on his money
Answer:
the present value is $5.12 million
Explanation:
The computation of the present value is shown below:
As we know that
Present value = Cash flows × Present value of discounting factor (rate% and duration)
= $1.2 million + $1.5 million ÷ 1.105 + $1.5 million ÷ 1.105^2 + $1.8 million ÷ 1.105^3
= $5.12 million
Hence, the present value is $5.12 million
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Suliman manages a manufacturing plant in North Carolina. Customers are unhappy over late deliveries. Inventories of some parts are high. Others are critically short. Senior management told him he has 3 months to become profitable or the plant will close. In this case, the plant’s income statement is:________
a. a tactical control.
b. a behavioral control.
c. an operational control.
Answer:
a. a tactical control.
Explanation:
A tactical control can be defined as a collection of operations used to meet the objectives of an organization.
In this scenario, Suliman manages a manufacturing plant in North Carolina. Customers are unhappy over late deliveries. Inventories of some parts are high. Others are critically short. Senior management told him he has 3 months to become profitable or the plant will close. In this case, the plant’s income statement is a tactical control.
Answer: an operational control
In a recent 5-year period, mutual fund manager Diana Sauros produced the following percentage rates of return for the Mesozoic Fund. Rates of return on the market index are given for comparison.
1 2 3 4 5
Fund −1.2 23.8 41.7 10.7 0.3
Market index −0.8 14.0 31.2 9.7 −0.6
Required:
1. Calculate (a) the average return on both the Fund and the index, and (b) the standard deviation of the returns on each.
2. Did Ms. Sauros do better or worse than the market index on these measures?
Answer:
Average return :
Funds = 15.06
Index = 10.70
Standard deviation :
Funds = 16.0457
Index = 11.765
2.) Funds is doing better
Explanation:
Given :
Fund −1.2 23.8 41.7 10.7 0.3
Market index −0.8 14.0 31.2 9.7 −0.6
A.)
Average return : total sum over 5 years / number of years
Average return on funds (a) :
(-1.2 + 23.8 + 41.7 + 10.7 + 0.3) / 5 = 15.06
Average return on market index (b) :
(−0.8 + 14.0 + 31.2 + 9.7 + −0.6) /5 = 10.70
B.)
Standard deviation =sqrt[Σ(x - mean)²/n]
Funds :
[(-1.2 - 15.06)^2 + (23.8 - 15.06)^2 + (41.7 - 15.06)^2 + (10.7 - 15.06)^2 + (0.3 - 15.06)^2] / 5
= √1287.332 / 5
= √257.4664
= 16.0457
Market index :
Sqrt([(-0.8 - 10.70)^2 + (14.0 - 10.70)^2 + (31.2 - 10.70)^2 + (9.7 - 10.70)^2 + (-0.6 - 10.70)^2] / 5)
= sqrt(692.08 / 5)
= sqrt(138.416)
= 11.765
2.) obtain the Coefficient of variation :
Standard deviation / mean
Funds = 16.0457 / 15.06 = 1.065
Market index = 11.765 / 10.70 = 1.0995
Funds is doing better due to its lesser Coefficient of variation than market index.
You believe you will spend $240,000 a year for 25 years once you retire in 17 years. If the interest rate is 3.90% per year. (Do not round intermediate calculations. Round your answer to 2 decimal places.) a. How much must you need saved once you reach retirement. $ b. how much must you save each year until retirement to meet your retirement goal
Answer:
Results are below.
Explanation:
First, we need to calculate the money required at the time of retirement:
FV= 240,000*25= $6,000,000
Now, using the following formula, we can determine the annual investment:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (6,000,000*0.039) / {[(1.039^17) - 1]
A= $255,373.88
On January 1, a company agrees to pay $20,000 in three years. If the annual interest rate is 10%, determine how much cash the company can borrow with this agreement?
Answer:
Amount borrow P = $15,026.296
Explanation:
Given:
Amount pay A = $20,000
Number of year n = 3
Rate r = 10% = 0.10
Find:
Amount borrow P
Computation:
A = P[1+r]ⁿ
20,000 = P[1+r]³
20,000 = P[1+0.10]³
20,000 = P[1.10]³
20,000 = P[1.331]
Amount borrow P = $15,026.296
Capital equipment costing $250,000 today has 50,000 salvage value at the end of 5 years. If the straight line depreciation method is used, what is the book value of the equipment at the end of two years?
Answer:
The book value of the equipment at the end of two years = $170,000.
Explanation:
a) Data and Calculations:
Cost of capital equipment = $250,000
Salvage value = 50,000
Depreciable value = $200,000
Period of useful life = 5 years
Depreciation rate under the straight-line depreciation method =
$200,000/5 = $40,000
This implies that the annual depreciation expense will be $40,000.
For two years, the accumulated depreciation will be $80,000 ($40,000 * 2)
The book value of the equipment at the end of two years will be $170,000 ($250,000 - $80,000).
The book value of the equipment at the end of two years is $170,000.
Annual depreciation=(Cost-Salvage value)
Annual depreciation=$250,000-$50,000/5
Annual depreciation=$200,000/5
Annual depreciation= $40,000
Accumulated depreciation:
Accumulated depreciation=($40,000 ×2)
Accumulated depreciation=$80,000
Book value of equipment:
Book value of equipment=$250,000 - $80,000
Book value of equipment=$170,000
Inconclusion the book value of the equipment at the end of two years is $170,000.
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In addition to rising healthcare costs a major factor promoting organizational interest in employees' well-being is:______
a. The aging population
b. Immigration reform
c. Globalization
d. Shortage of skilled workers
Answer: d. Shortage of skilled workers
Explanation:
Companies these days are more inclined to take an interest in the well-being of employees in an effort to keep the employees satisfied so that they stay with the company as opposed to having to find new employees to hire.
This is because there is a shortage of skilled workers which means that companies has to work to keep the skilled workers they have as opposed to having to find lesser quality ones and one way to do so is to show an interest in employee wellbeing to entice them to stay.
Apart from healthcare costs another reason why organizations have interest in the well being of their employees is Shortage of skilled workers.
What does Shortage of skilled workers mean?This is a situation that exists in a place where the people that are skilled and able to perform the organizational tasks of businesses are unavailable.
Organizations tend to take care of their employees due to the fact that there are only a few people that are trained to do their tasks.
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Jeff needs to copy a phrase from one paragraph to the second paragraph
Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $425,000, and its year-end receivables were $60,000. If its DSO is less than the 45-day credit period, then customers are paying on time. Otherwise, they are paying late. By how much are customers paying early or late
Answer:
Faldo Corp
Customers are paying late by 6.5 days (51.5 - 45)
Explanation:
DSO = Accounts Receivable/Sales last year * 365 days
= $60,000/$425,000 * 365
= 51.5 days
Customers are paying late by 6.5 days (51.5 - 45)
b) Faldo Corp's Days Sales Outstanding (DSO) is an estimate of the number of days it takes Faldo to collect its outstanding accounts receivable. This means that DSO measures how long it takes Faldo's customers to pay an invoice. Faldo can calculate its DSO by dividing the total accounts receivables of last year by the total credit sales of last year. This is then multiplied by 365 days.
In a command economy, Individuals fellow thir self-interest without government intervention True or False
Answer:
false
Explanation:
command economy is the same as a planned economy where the prices and incomes are decided and fixed by the central government
Answer:
False
Explanation:
A command economy is also known as the planned economy. The government controls and owns all the factors of production. Usually, the government, through its agencies, prepares a central plan to manage the economy. The central plan details what will be produced, the quantities, and the prices.
The private sector is non-existent in a command economy. All productions and employment are by the government.
The number of job evaluation plans used hinges on how detailed an evaluation is required to make pay decisions and how much it will cost. There is no "ready" answer to the question of "one plan versus many".
a. True
b. False
Answer:
Yes, that's right
Explanation:
Economic and political freedom
Answer:
....
Explanation:
In a decentralized company in which the divisions are organized as investment centers, how could a division be considered the least profitable even though it earned the largest amount of income from operations?
Answer:
This can be due to the method of allocating cost.
Explanation:
In the given scenario a division in a decentralised company earned the largest amount of income from operations, yet it was the least profitable.
This can be as a result of the cost allocation method the company uses.
If the company uses a cost allocation method where cost from other division is paid for by the division with largest income. The result will be that the other divisions that generate less income will appear to be more profitable.
The remedy for this is to use activity based costing. Where cost is allocated based on the level of activity of a division.
That way divisions will only pay for cost associated with their activity
a. Depreciation on the company's equipment for the year 2017 is computed to be $11,000.
b. The Prepaid Insurance account had a $9,000 debit balance at December 31 before adjusting for the costs of any expired coverage. An analysis of the company’s insurance policies showed that $1,590 of unexpired insurance coverage remains.
c. The Office Supplies account had a $330 debit balance at the beginning of the year; and $2,680 of office supplies were purchased during the year. The December 31 physical count showed $389 of supplies available.
d. One-third of the work related to $15,000 of cash received in advance was performed this period. The Prepaid Rent account had a $5,700 debit balance at December 31 before adjusting for the costs of expired prepaid rent. An analysis of the rental agreement showed that $4,110 of prepaid rent had expired.
e. Wage expenses of $7,000 have been incurred but are not paid as of December 31. Prepare adjusting journal entries for the
Answer:
Adjustments, Journal Entries for the year ended
Explanation:
A] Depreciation ac dr 11000
to Machine ac 11000
(Depreciation debited to Profit & Loss Account, deducted from Machine value in asset side of Balance Sheet)
B] Prepaid Insurance ac dr 1590
to Insurance ac 1590
(Prepaid Insurance, subtracted from - 'Insurance' - at debit side of Profit & Loss account)
C] Trading account dr 330
to Opening Stock ac 330
Trading Account dr 2860to Purchase ac 2860
Closing Stock ac dr 389to Trading Account 389
D] Income ac dr 5000*
to Income Advance ac 5000*
(Income Advance, subtracted from 'Income' - at credit side of Profit & Loss account)
Prepaid Rent ac dr 1590**to Rent ac 1590**
(Prepaid Rent, subtracted from 'Rent' - at debit side of Profit & Loss account)
E] Wages ac dr 7000
to Wages outstanding 7000
(Outstanding Wages, added to 'Wages' - at debit side of Trading account)
* 5000 = 1/3rd of 15000 , ** 1590 = 5700 - 4110
Countries establish internal economic zones in order to limit foreign investment. make solving disputes easier. have fewer economic restrictions. create manageable amounts of imports.
Countries establish internal economic zones in order to have fewer economic restrictions.
What are economic zones?Economic zones occur when groups of nations come together to agree to have a common economic policy. Some remove barriers to trade, allow for free movement of labour between participating countries and have a common currency.
Types of economic zones include:
1. Regional Cooperation Groups.
2. Free Trade Area
3. Customs Union.
4. Common Market
5. Political Union
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Laura works for a company that sells luxury cars. Laura approaches a customer by offering the keys to a customer and encouraging them to take a test drive. Laura has
adopted the _____ approach method.
Laura has adopted the hands-on approach method.
How does Laura engage customers in test driving luxury cars?By offering keys to customers and encouraging them to take test drive, Laura demonstrates hands-on approach which allows customers to experience the luxury cars firsthand and gives them opportunity to feel the power, comfort and overall experience of the vehicle.
By physically engaging with the product, customers can develop a deeper connection and understanding of the car's features and capabilities. It also allows them to assess the suitability of the vehicle for their needs and preferences.
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If a target was purchased for $1,500.0m with an equity contribution of $500.0m, what is the enterprise value of the target if it used $500.0m of cash flow to repay debt?
a. $1,000.0m
b. $500.0m
c. $1,500.0m
d. $2,000.0m
Answer: a. $1,000.0m
Explanation:
Even though the company's enterprise value has no growth, the equity investment of the sponsor will rise from $500.0m when purchased to $1,000.0m when the target for the value of the enterprise is sold for $1500.0m.
The debt was $1000m at year 0 while the remaining $500m was for equity. It should be noted that at the fifth year, equity will be $1,000.0m while the debt will be $500m.
Which product/service type should be used when setting up products sold by a company that uses a perpetual inventory system?
a. Product
b. Non-inventory part
c. Service
d. Inventory part
Answer:
inventory part bro
hope this helps plz mark brainliest give like and five star rating
The Garret family wants to take advantage of their state's
(blank) to pay for their child’s college tuition.
Answer:
insurance ?? just guessing but good luck.
social elements common to this work. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are common work contexts for Construction Carpenters? Check all that apply.
spend time sitting
wear common protective or safety equipment
face-to-face discussions
exposed to hazardous equipment
spend time using hands to handle, control, or feel objects, tools, or controls
public speaking
Answer: 2.wear common protective or safety equipment
3.face-to-face discussions
4.exposed to hazardous equipment
5.spend time using hands to handle, control, or feel objects, tools, or controls
Explanation: i just took the test :)
Answer:
outdoors, exposed to weather
spend time using hands to handle objects, tools, or controls
exposed to contaminants
Explanation:
Got it right on edge2021
If average demand for an item is 20 units per day, safety stock is 50 units, and lead time is 5 days, the ROP will be:______
a. 20
b. 50
c. 80
d. 130
Answer:
d. 130
Explanation:
Using the given date to calculate Reorder Point:
Reorder Point = (Average demand*Lead time) + Safety stock
Reorder Point = (20*4) + 50
Reorder Point = 80 + 50
Reorder Point = 130
Thus, the ROP is 130.
Market power is_____________