Answer:
Must concentrate on perfecting the technology and business processes associated with the problem.
In the Frankfurt market, Aldi stock closed at €5 per share. On the same day, the euro-U.S. dollar spot exchange rate was €.625/$1.00. Aldi trades as an ADR in the OTC market in the United States. Five underlying Aldi shares are packaged into one ADR. The no-arbitrage U.S. price of one ADR is:_______. A) €25.00. B) $15.63. C) $40.00. D) none of the options
Answer:
B) $15.63
Explanation:
Calculation for the no-arbitrage U.S. price of one ADR
First step is to calculate the Equivalent amount of one ADR in euro
Equivalent amount of one ADR in euro = 5 ×€5
Equivalent amount of one ADR in euro = €25
Now let calculate the Dollar value of one ADR
Dollar value of one ADR = €25* €625/1,000
Dollar value of one ADR=€15,625/1,000
Dollar value of one ADR=$15.63
Therefore the no-arbitrage U.S. price of one ADR is:$15.63
On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available:
Sales, January 1 through April 15 $600,000
Inventory, January 1 100,000
Purchases, January 1 through April 15 500,000
Markup on cost 25%
The amount of the inventory loss is estimated to be:
a. $120,000.
b. $60,000.
c. $150,000.
d. $100,000.
Answer: a. $120,000.
Explanation:
The inventory lost can be calculated by;
= Opening inventory + Purchases - Cost of Goods sold
Cost of goods sold = Sales - Markup on price
= 600,000 - (600,000 * 25/125)
= 600,000 - 120,000
= $480,000
Inventory lost = 100,000 + 500,000 - 480,000
= $120,000
Nancy has a portfolio of two stocks. Stock A has an expected return of 8% and stock B has an expected return of 10%. Her funds are allocated with 54% in stock A and 46% in stock B. What is the portfolio expected return?
a. 8.38%
b. 8.92%
c. 9.46%
d. 10.00%
e. 10.54%
Answer:
b. 8.92%
Explanation:
Calculation for the portfolio expected return
Using this formula
Portfolio expected return = (Stock A allocated fund x Stock A expected return) + (Stock B allocated fund x Stock B expected return)
Let plug in the formula
Portfolio expected return= (54%*8%) + (46%*10%)
Portfolio expected return=0.0432+0.046
Portfolio expected return=0.0892*100
Portfolio expected return =8.92%
Therefore the portfolio expected return will be 8.92%
Caribou Gold Mining Corporation is expected to pay a dividend of $4 in the upcoming year. Dividends are expected to decline at the rate of 3% per year. The risk-free rate of return is 5%, and the expected return on the market portfolio is 13%. The stock of Caribou Gold Mining Corporation has a beta of 0.5. Using the CAPM, the return you should require on the stock is _________.
Answer:
r = 0.09 or 9%
Explanation:
Using the CAPM, we can calculate the required rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.
The formula for required rate of return under CAPM is,
r = rRF + Beta * (rM - rRF)
Where,
rRF is the risk free rate rM is the market returnr = 0.05 + 0.5 * (0.13 - 0.05)
r = 0.09 or 9%
This credit is a non-refundable tax credit for qualified higher education tuition and
expenses paid for an eligible student.
A) American Opportunity Tax Credit (AOTC)
B) Lifetime Learning Credit (LLC)
C) Adding Brain Credit (ABC)
D) College Discount Credit (CDC)
18
E) 4 Year College Credit (4Y2C)
Answer:
b
Explanation:
11. What percentage of your salary should go to savings? (1 point)
05%
O 10%
O 20%
O 50%
Answer:
20%
Explanation:
Answer: 10%
Explanation: Took test
Which method of communication is likely to be most effective for the following situation: A client's reservation is about to be canceled because she has not paid her deposit.
A. Face-to-Face
B. Written Letter
C. Phone Call
D. Email
F. Fax
How many times did Donald trump declare bankruptcy
Answer:
6 times
Explanation:
According to Google
Answer:
Well Donald J. Trump has never filed for personal bankruptcy BUT, hotels and casino businesses of his have declared bankruptcy, This happened about 6 timesExplanation:
PLz mark me Brainllest :)have a nice dayRTF stock is expected to return 10.6 percent if the economy booms and only 4.2 percent if the economy goes into a recessionary period. The probability of a boom is 55 percent while the probability of a recession is 45 percent. What is the standard deviation of the returns on RTF stock?
Answer:
3.16%
Explanation:
Return Probability Expected return μ r - μ (r - μ)^2 P(r)*(r - μ)^2
10.60% 0.55 5.83% 2.88% 0.08% 0.05%
4.20% 0.45 1.89% -3.52% 0.12% 0.06%
Total Expected return = 7.72% Variance 0.10%
Variance = 0.10%
Standard deviation = √Variance
Standard deviation = √0.001
Standard deviation = 0.031622
Standard deviation = 3.16%
Thus, the standard deviation of the returns on RTF stock is 3.16%
Xtra Company purchased a business from Argus for $96,000 above the fair value of its net assets. Argus had developed the goodwill over 12 years. How much would Xtra amortize the goodwill for its first year?
a. not enough information to calculate amortization
b. $8,000
c. goodwill is not amortized
d. $7,000
Answer:
c. goodwill is not amortized
Explanation:
The answer to this question is simply option c. Goodwill is not amortized
The reason for this is that the goodwill is accrued as a result of an entity paying more for an asset they acquired than what is supposed to be their fair value, putting its brand value into consideration. The Amortization of Goodwill is not something that is permitted . In order for a better accounting, the valuation of goodwill of entity should be done yearly so as to determine an impairment whenever it is required.
The following information about the payroll for the week ended December 30 was obtained from the records of Pharrell Co.:
Salaries:
Sales salaries $402,000
Warehouse salaries 210,000
Office salaries 165,000
$777,000
Deductions:
Income tax withheld $135,975
Social security tax withheld 46,620
Medicare tax withheld 11,655
Retirement savings 17,094
Group insurance 13,986
$225,330
Tax rates assumed:
Social security 6%
Medicare 1.5%
State unemployment (employer only) 5.4%
Federal unemployment (employer only) 0.6%
Required:
1. Assuming that the payroll for the last week of the year is to be paid on December 31, journalize the following entries (refer to the Chart of Accounts for exact wording of account titles):
A. December 30, to record the payroll.
B. December 30, to record the employer's payroll taxes on the payroll to be paid on December 31. Of the total payroll for the last week of the year, $40,000 is subject to unemployment compensation taxes.
2. Assuming that the payroll for the last week of the year is to be paid on January 5 of the following fiscal year, journalize the following entries (refer to the Chart of Accounts for exact wording of account titles):
A. On page 11 of the journal: December 30, to record the payroll.
B. On page 12 of the journal: January 5, to record the employer's payroll taxes on the payroll to be paid on January 5. Because it is a new fiscal year, all salaries are subject to unemployment compensation taxes.
Answer:
1) December 30, 202x, wages expense
Dr Wages expense 777,000
Cr Federal income taxes withheld payable 135,975
Cr OASDI taxes withheld payable 46,620
Cr Medicare taxes withheld payable 11,655
Cr Retirement savings (401k) payable 17,094
Cr Group insurance payable 11,655
Cr Wages payable 551,670
December 30, 202x, payroll tax expense
Dr OASDI taxes expense 46,620
Dr Medicare taxes expense 11,655
Dr FUTA taxes expense 240
Dr SUTA taxes expense 2,160
Cr OASDI taxes payable 46,620
Cr Medicare taxes payable 11,655
Cr FUTA taxes payable 240
Cr SUTA taxes payable 2,160
2) December 30, 202x, wages expense
Dr Wages expense 777,000
Cr Federal income taxes withheld payable 135,975
Cr OASDI taxes withheld payable 46,620
Cr Medicare taxes withheld payable 11,655
Cr Retirement savings (401k) payable 17,094
Cr Group insurance payable 11,655
Cr Wages payable 551,670
January 5, 202y, payroll tax expense
Dr OASDI taxes expense 46,620
Dr Medicare taxes expense 11,655
Dr FUTA taxes expense 4,662
Dr SUTA taxes expense 41,958
Cr OASDI taxes payable 46,620
Cr Medicare taxes payable 11,655
Cr FUTA taxes payable 4,662
Cr SUTA taxes payable 41,958
Identify different ways of interpreting the Constitution. (Site 1)
Answer:
1. Living Constitution: Many authors claims that law can be interpreted on this way , which is to believe that Constitution has many meanings and that changes with the contemporary societies , when found main constitutional phrases to interpret.
Originalism: On this kind of interpretation, many authors says that Constitution and all its statements have to be interpreted on the way that originally all the people at the time did back in 1776.
Textualism: Here several authors claims that no one can give other meaning that one that stands in the statement on the law. Its a formalism form of interpretation and the main interpretation is based on the meaning of the legal text.
Purposive Approach: Many Authors like Aharon Barak claims that common law courts can interpret a statute, part of a statute, or a clause of a constitution within the context of the law's purpose.
Strict Constructionism: Strict constructionism claims that has to give a narrow, or strict, interpretation to a legal text, like the U.S. Constitution to any judge. It means that a judge can interpret a text ONLY as it is written.
2.It is called a "living document " because no law can be passed that would contradict its principles but it also allows for changes.A living document is a document that can be changed as new things come up.
3.The Constitution has laid out four paths for amendments.ratification by state legislatures. They describe the path that has been used for most amendments.
Explanation:
Answer:1. Living Constitution: Many authors claims that law can be interpreted on this way , which is to believe that Constitution has many meanings and that changes with the contemporary societies , when found main constitutional phrases to interpret.
Originalism: On this kind of interpretation, many authors says that Constitution and all its statements have to be interpreted on the way that originally all the people at the time did back in 1776.
Textualism: Here several authors claims that no one can give other meaning that one that stands in the statement on the law. Its a formalism form of interpretation and the main interpretation is based on the meaning of the legal text.
Explanation:
Hope this helps ;}
If demand for a good falls, but the opportunity cost of making the good increases, then production of the good will:________
a. increase
b. decrease
c. stay the same '
If demand for a good falls, but the opportunity cost of making the good increases, the production of the good will increase.
What takes place to the opportunity fee as manufacturing of an excellent increase?
The regulation of increasing opportunity expenses states that as you increase manufacturing of 1 top, the opportunity cost to produce an additional suitable will grow.
What is meant with the aid of growing possibility price?The law of growing possibility fee is an economic precept that describes how opportunity charges boom as resources are carried out.
Learn more about opportunity costs here https://brainly.com/question/8846809
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Question 1
The leather that is used for the car seats in a BMW car are considered which type of good?
А.
intermediate good
B. final good
C. interpolated good
D. foreign good
Alice just won the lottery and is trying to decide between the options of receiving the annual cash flow payment option of $370,000 per year for 20 years beginning today, or receiving one lump-sum amount today. Mary Alice can earn 4% investing this money. At what lump-sum payment amount would she be indifferent between the two alternatives?
Answer:
the lumpsum payment amount that should be indifferent between the two alternatives is $5,028,411
Explanation:
The computation of the lumpsum payment amount that should be indifferent between the two alternatives is shown below:
Lumpsum amount is
= $370,000 × PVIFA at (4%,20)
= $370,000 × 13.5903
=$5,028,411
Hence, the lumpsum payment amount that should be indifferent between the two alternatives is $5,028,411
The same is to be considered
Salmon, Inc. issues 505,000 shares of preferred stock for $35 a share. The stock has a fixed annual dividend rate of 5% and a par value of $14 per share. The current price of the preferred stock is $37 a share. If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of:
A. $0.70 per share.
B. $1.75 per share.
C. $1.85 per share.
D. $1.05 per share.
Answer:
A. $0.70 per share.
Explanation:
Calculation for preferred stockholders anticipation of receiving annual dividends
Annual dividends= Par value × Fixed Annual dividend rate
Let plug in the formula
Annual dividends= $14 per share × 0.05
Annual dividends= $0.70 per share
Therefore If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of:$0.70 per share
Answer: A. $0.70 per share.
Explanation:
Tropical Resort, Inc.'s bonds currently sell for $1,350 and have a par value of $1,000. They pay an 11% coupon rate with interest paid semi–annually, and have a 15-year maturity, but they can be called in 7 years at $1,125. What is their yield to call (YTC)?
Answer:
Their yield to call is 8.672%
Explanation:
The rate of return bondholders receives on a callable bond until the call date is called Yield to call.
Use following formula to calculate the yield to call
Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
Where
C = Coupon Payment = $1,000 x 11% x 6/12 = $55
F = Face value = $1,000
P = Call price = $1,125
n -= number of periods to call = 7 years x 2 = 14 periods
Yield to Call = [ $55 + ( $1,000 - $1,125 ) / 14 ] / [ ( $1,000 + $1,125 ) / 2 ]
Yield to Call = 46.07 / $1,062
Yield to Call = 0.04336
Yield to Call = 4.336% semiannually
Yield to Call = 4.336% x 2
Yield to Call = 8.672% annually
Bonner company paid $855,000 for a tract of land which included a warehouse and office building. The land, warehouse and office building originally cost $280,000, $180,000, and $340,000 respectively and the current assessed values are $300,000, $200,000, and $400,000 respectively. How should Bonner calculate what value to record for Land?
a. 300,000/ 800,000 x 855,000
b. 280,000/900,000 x 855,000
c. 280,000 /800,000 x 855,000
d. 300,000/900,000 x 855,000
Answer:
Bonner Company
Bonner should calculate the value to record for Land as follows:
d. 300,000/900,000 x 855,000
Explanation:
The Land should be recorded at $285,000 based on the above mentioned formula. The formula considers the current assessed value of the Land versus the amount paid by Bonner for the group of assets (Land, Warehouse and Office Buildings). The computation of the value at which to record the Land and other assets must be proportional to the current assessed values.
A closed economy has income of $1,000, government spending of $200, taxes of $150, and investment of $250. What is private saving?
a. $100
b. $200
c. $300
d. $400
Answer: c. $300
Explanation:
Private Saving is income less taxes and consumption so is calculated by the formula;
= Y - C - T
= Income - Consumption - Taxes
Find Consumption
Y - C - G = I
Income - Consumption - Government spending = Investment
1,000 - C - 200 = 250
C = 1,000 - 200 - 250
C = $550
Private Saving is therefore;
= 1,000 - 550 - 150
= $300
The men's tie buyer has net sales of $1,440,000, expenses of $504,000, and total reductions of $604,800. The buyer wants a profit of $86,400. What is the initial markup?
Answer: $1,195,200
Explanation:
Net sales = $1,440,000
Expenses = $504,000
Reductions = $604,800.
We then calculate the initial mark up which will be the addition of the net sales, expenses and the reduction. This will be:
= $1,440,000 + $504,000 + $604,800
= $1,195,200
What is the term for the maximum amount of money people can borrow at one time on their credit cards?
A. Credit limits
B. Minimum monthly payments
C. Credit scores
D. Interest rates
Answer:
A. Credit limits
Explanation:
The term credit limit describes the maximum amount of debt or loan a financial institution grants to a client. Lenders set credit limits based on a customer's ability to pay. Customers with a bad credit history are given lower limits, while low-risk customers enjoy higher credit limits. Credit limit communicates to a customer the amount of money they can still access on credit.
Answer: credit limits
Explanation:
what time will we know who won the election?
Answer:
So since many people voted by mail, we may not know till friday, they need to gather everyones mail and obviously since its paper its going to take a while but remember to please vite blue!
The difference between the rate charged to borrowers and the rate paid to depositors is known as the interest rate ______.
Answer:
The right approach is "spread".
Explanation:
The variation between the expected production a financial institution generates from loan payments among several other interests accumulating operations as well as the average rate everything just ends up paying on deposit accounts as well as borrowings seems to be the total rate of interest spread. An important aspect including its profitability of such a finance company seems to be the aggregate rate.So that's the right response earlier in this thread.
Suppose you buy a bond for $1230 with an 11.3% coupon maturing in 7 years.
Required:
a. Calculate the maturity.
b. What is the yield to maturity if the bond pays quarterly.
c. Explain why the yield to maturity is higher or lower than the coupon.
Answer:
a. 7.03%
b. 7.10%
c. Yield to maturity is lower than the coupon because the price is more than the face value.
Explanation:
a. Coupon amount = 11.3% * 1000 = 113
FV = 1000
PV = -1230,
PMT = 113
N = 7
Yield to maturity = I/Y(FV, -PV, PMT, N) using a financial calculator
Yield to maturity = I/Y(1000, -1230, 113, 7)
Yield to maturity = 0.070280
Yield to maturity = 7.03%
b. Coupon amount = 11.3% * 1000 = 113 /4 = 28.25
FV = 1000
PV = -1230,
PMT = 28.25
N = 7*4 = 28
Yield to maturity = I/Y(FV, -PV, PMT, N) using a financial calculator
Yield to maturity = I/Y(1000, -1230, 28.35, 28)*4
Yield to maturity = 0.01775426*4
Yield to maturity = 0.07101704
Yield to maturity = 7.10%
c. Yield to maturity is lower than the coupon because the price is more than the face value. The bond will sell at premium when YTM is greater than coupon rate. This happens because the bond is paying a return more than the market is offering.
An analyst has modeled the stock of Crisp Trucking using a two-factor APT model. The riskfree rate is 6%, the expected return on the first factor r1 is 12%, and the expected return on the second factor r2 is 8%. If bi1 0 7 and bi2 0 9, what is Crisp’s required return? Brigham, Eugene F.; Ehrhardt, Michael C.. Financial Management: Theory & Practice (p. 1011). Cengage Learning. Kindle Edition.
Answer: 12%
Explanation:
Using CAPM, the required return can be found.
required return = risk free rate + beta * market premium
Find the market premium for each factor;
First factor = Expected return - risk free rate
= 12% - 6%
= 6%
Second factor = 8% - 6%
= 2%
In this case each factor has its own beta and market premium so this will have to be accounted for in the CAPM formula as such;
= risk free rate + (beta for r1 * market premium r1) + (beta r2 * market premium r2)
= 6% + (0.7 * 6%) + (0.9 * 2%)
= 12%
What is job scope and job depth?? I need some explanation.
Answer:
Job depth, which is the degree of control employees have over their work. In other words, employees are empowered to assume some of the tasks typically done by their managers.
Viva, Inc. bought machine X for two years ago. The machine had no residual value and had an estimated useful life of 10 years. If the company uses the straightline depreciation method, calculate the current book value of the machine.
Answer:
the current book value of the machine is $14,400
Explanation:
The computation of the current book value of the machine is shown below:
The Annual Depreciation is
= (Cost - Salvage Value) ÷ (Useful Life)
= ($18,000 - 0) ÷ 10 years
= $1,800
Now the depreciation for two years is
= $1,800 × 2
= $3,600
So, the current book value is
= Cost - accumulated depreciation
= $18,000 - $3,600
= $14,400
Hence, the current book value of the machine is $14,400
i. Examine the current process design of that product or service in alliance with the 4 vs model and illustrate the operational process by using either a Flow Chart or Value Stream Map technique.
Explanation:
junior bro
then am gointo reply it again
On January 2, 2019, Kaiman Corporation acquired equipment for $ 600,000. The estimated life of the equipment is 5 years or 50,000 hours. The estimated residual value is $ 10,000. What is the balance in Accumulated Depreciation on December 31, 2020, if Kaiman Corporation uses the straightminusline method ofdepreciation?
a.118,000
b.240,000
c.120,000
d.236,000
Answer:
d.236,000
Explanation:
The computation of the balance in the accumulated depreciation is shown belwo:
Depreciation expense is
= (Cost - residual value) ÷ estimated life
= ($600,000 - $10,000) ÷ 5 years
= $118000
Now the accumulated depreciation for 2 years i.e. from 2019 to 2020 is
= $118,000 × 2 years
= $236,000
Hence, the correct option is d. $236,000
what would be the danger of predicting the number of new subscriptions for a month in which 2,000 hours were spent on telemarketing
Answer:
The main danger that could pose to predicting the number of new subscriptions for a month in which 2,000 hours were spent on telemarketing would be not to consider the cost of said hours of telemarketing when considering the benefits obtained through the new subscriptions.
Thus, if the economic benefits resulting from the subscriptions were considered without subtracting the cost of the telemarketing hours, the accounting of the company's gross profits would be incorrectly recorded, incurring an error that would generate a higher tax burden for the company.