Promissory notes can be issued by any business, including single proprietorships, partnerships, and huge corporations, and the transaction should be recorded in a notes receivable account.
What circumstances give rise to a corporation issuing a note receivable?
The business provides loans to customers or clients. To give the client an extended payment period for the balance due plus interest, the business transforms an existing account receivable.
What kind of circumstance might lead a business to create a note receivable?If a business regularly advances wages to employees, it may need a signed promissory note that specifies how the employee will pay back the advance. The sum that the employee currently owes is a note receivable.
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(Rate with LGD, risk-averse lender) Assume a bank can invest in a government bonds at a risk-free rate of 5.1%. Alternatively, it can invest in a corporate bond with a default probability of 6.3%. If the issuer defaults, the bank expects to recover 79.3% of the investment. A risk-averse bank that requires an additional premium of 3.9% as a result of risk aversion would be indifferent between investing in the government bond and the corporate bond if the corporate bond offers a rate or ___________ . Calculate the answer by read surrounding text. %. Round to the nearest 0.01%, drop the % symbol. E.g., if your answer is 0.10245 or 10.245%, record it as 10.25.
the risk-averse bank would be indifferent between investing in the government bond and the corporate bond if the corporate bond offers a rate of 11.62%.
Why it is?
To find the rate at which the risk-averse bank would be indifferent between investing in the government bond and the corporate bond, we need to calculate the expected return on the corporate bond, taking into account the default probability and the recovery rate:
Expected return = (1 - Default probability) x (1 + Corporate bond rate) + Default probability x Recovery rate x (1 + Risk-free rate)
Plugging in the values given in the question, we get:
Expected return = (1 - 0.063) x (1 + r) + 0.063 x 0.793 x (1 + 0.051) = 1 - 0.063r + 0.004007
where r is the corporate bond rate.
The risk-averse bank requires an additional premium of 3.9%, so the expected return on the corporate bond must be at least 3.9% higher than the risk-free rate. In other words, we need to solve the following inequality:
Expected return ≥ Risk-free rate + 3.9%
1 - 0.063r + 0.004007 ≥ 0.051 + 0.039
Simplifying and solving for r, we get:
r ≥ (0.051 + 0.039 - 1 + 0.063) / 0.063 - 0.004007 / 0.063 = 0.1162
Rounding to the nearest 0.01% and dropping the % symbol, the answer is 11.62. Therefore, the risk-averse bank would be indifferent between investing in the government bond and the corporate bond if the corporate bond offers a rate of 11.62%.
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Business law:
List the six elements necessary for a contract to be valid.
What is the main difference between an express contract and an implied contract?
What is the difference between a void contract and a voidable contract?
There is a storm in Kuwait. The roof of your business has caved in. You contact a professional roof repairs company and request them urgently to repair the roof as your stock is getting damaged. At this juncture, you discuss payment. His invoice is reasonable and you refuse to pay as you say it is way too high. Do you have an obligation to pay ? Give reasons for your answer.
Consideration: Both parties must exchange something of value, such as money, goods, or services.
What is money ?Money is a medium of exchange that is generally accepted as a means of payment for goods, services, and debts. It can take various forms, such as physical currency, coins, bank deposits, digital tokens, and more. Money is essential for facilitating economic transactions and trade, as it allows individuals and businesses to exchange goods and services without the need for direct barter. The value of money is determined by factors such as its scarcity, its perceived stability and reliability, and the strength of the economy that issues or supports it.
What is a bank ?A bank is a financial institution that provides various financial services to its customers, including deposit accounts, loans, mortgages, and investment services. Banks act as intermediaries between depositors who have excess funds and borrowers who need funds, facilitating the flow of money in the economy. Banks earn revenue by charging interest on loans, investing the deposits they receive, and providing various other financial services for which they charge fees.
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what have you learn so far with Rev Bahamas, as it relates to guidelines for case analysis? identify the firm’s existing vision, mission, objectives, and strategies, identify the organization’s external opportunities and threats, constructing a competitive Profile Matrix (cPM), identify the organization’s internal strengths and weaknesses, recommend specific strategies and long-term objectives and recommending specific annual objectives and policies.
One example of a non-union organization where employees may seek union representation is a retail store where employees work long hours, receive low wages, and have little say in their working conditions. In such an organization, employees may seek union representation to negotiate better wages, benefits, and working conditions, as well as to have a collective voice in the workplace.
Other reasons why employees may seek union representation could include a lack of job security, poor communication with management, unsafe working conditions, or discrimination.
Some employees may not support unionization because they believe that they can negotiate better wages and benefits on their own or that the company will improve conditions without the need for a union. Others may fear retaliation from management or believe that a union will not represent their interests fairly.
In my own experience, some co-workers were hesitant to support unionization because they feared that it would harm their relationship with management or that it would result in job losses. Additionally, some employees may feel that unions are not relevant to their industry or that they do not align with their personal beliefs or values.
Another potential reason why employees may oppose unionization is a lack of trust in union leadership or concerns about the costs associated with union membership. Some may also believe that a union could interfere with their ability to negotiate directly with management.
Overall, there are many factors that can influence an employee's decision to support or oppose unionization, and these can vary depending on the individual, the organization, and the broader social and economic context.
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Fred can invest in a risky portfolio with a 25% standard deviation an expected return of 12% and T-Bills which currently pay 3%.
What percentage of his investment should Fred invest in the risky portfolio if he wants to 9% return? (a)
How much should he invest in the T-bill? (b)
What is the standard deviation (%) of Fred's portfolio? (c)
What is the Sharpe ratio of Fred's portfolio? (d)
(a) Using the formula for expected return of a portfolio, we have:
Expected return = (Weight of risky portfolio * Expected return of risky portfolio) + (Weight of T-bills * Expected return of T-bills)
9% = (Weight of risky portfolio * 12%) + (Weight of T-bills * 3%)
We also know that the sum of weights must equal 1:
Weight of risky portfolio + Weight of T-bills = 1
We can solve these equations simultaneously to find the weight of the risky portfolio:
Weight of risky portfolio = (Expected return - Expected return of T-bills) / (Expected return of risky portfolio - Expected return of T-bills)
Weight of risky portfolio = (0.09 - 0.03) / (0.12 - 0.03)
Weight of risky portfolio = 0.67 or 67%
Therefore, Fred should invest 67% of his portfolio in the risky portfolio.
(b) Since the sum of weights must equal 1, we can find the weight of T-bills by subtracting the weight of the risky portfolio from 1:
Weight of T-bills = 1 - Weight of risky portfolio
Weight of T-bills = 1 - 0.67
Weight of T-bills = 0.33 or 33%
Therefore, Fred should invest 33% of his portfolio in T-bills.
(c) The formula for the standard deviation of a portfolio is:
Portfolio standard deviation = sqrt((Weight of risky portfolio ^ 2) * (Standard deviation of risky portfolio ^ 2))
Portfolio standard deviation = sqrt((0.67 ^ 2) * (0.25 ^ 2))
Portfolio standard deviation = 0.1675 or 16.75%
Therefore, the standard deviation of Fred's portfolio is 16.75%.
(d) The Sharpe ratio is a measure of risk-adjusted return and is calculated as the excess return of a portfolio over the risk-free rate divided by the portfolio's standard deviation. The formula for Sharpe ratio is:
Sharpe ratio = (Expected return of portfolio - Expected return of T-bills) / Portfolio standard deviation
Sharpe ratio = (0.09 - 0.03) / 0.1675
Sharpe ratio = 0.3582 or 0.36 (rounded to two decimal places)
Therefore, the Sharpe ratio of Fred's portfolio is 0.36.
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use the table below to answer question dealing with the output and price of corn for 2011 and 2012. year output (in bushels) price/bushel 2011 10,000 $4.00 2012 12,000 $5.00 which of the following statements is true? (let 2011 be the base year.) group of answer choices the output index for 2011 is less than 1. the output index for 2012 is 1.25. the output index for 2012 is 1.20. the output index for 2012 is 0.83.
The correct answer is "the output index for 2012 is 1.20."
The output index is a measure of the change in output from one year to the next, relative to the base year. In this case, 2011 is the base year, so the output index for 2011 is 1.
To calculate the output index for 2012, we need to divide the output in 2012 by the output in 2011:
Output index for 2012 = Output in 2012 / Output in 2011 = 12,000 / 10,000 = 1.2
Therefore, the output index for 2012 is 1.2. This means that the output in 2012 is 20% higher than the output in 2011.
The correct answer is "the output index for 2012 is 1.20."
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Roger is analyzing regional differences in seeking a location for a new firm and is looking at states with favorable tax systems for small businesses. Based on this information, he should look at which of the following states?
A. Ohio
B. Massachusetts
C. South Dakota
D. New York
Roger is analyzing regional differences in seeking a location for a new firm and is looking at states with favorable tax systems for small businesses. Based on this information, he should look at South Dakota.
Based on this information, he should look at which of the following states?This is so because South Dakota is renowned for its hospitable business climate and advantageous tax structure for small firms. As previously indicated, South Dakota has a low sales tax rate, no income tax on personal income, and no corporate income tax, making it a desirable place for start-ups and small businesses. South Dakota provides a low cost of living, a trained workforce, and tax advantages. States like Ohio, Pennsylvania, and New York, on the other hand, can have greater taxes and regulatory requirements that could make it harder for small firms to prosper. As a result, South Dakota is a top choice for a new company looking for a small business-friendly tax structure.
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for many, if not most, college students, the decision about which college or university to attend is one of relatively high risk and can be very expensive. the students likely spent a great deal of time and effort in the information search and evaluation of alternatives stages in the general model of customer experiences. the name for these kinds of decisions is:
The name for the kinds of decisions where for many, if not most, college students, the decision about which college or university to attend is one of relatively high risk and can be very expensive is considered as "complex decisions".
Explanation:College admission decisions are considered to be complicated decisions for college students since they may entail a large amount of time and energy as well as a significant amount of money.
Before determining whether or not to enroll in a specific university or college, prospective students are typically required to conduct extensive research, evaluate various programs, analyze financial aid options, and compare tuition costs, among other things. Thus, such decisions are often regarded as being complex.
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The taxable "13" mouth pay and other benefits" amounted to: a. P0 b. P4, P4,000 c. P14,000 d. P57,000
The taxable "13th" mouth pay and other benefits" amounted to P57,000. The annualization of the bonuses and benefits received by employees of a corporation that are subject to withholding tax is referred to as the 13th month pay and other benefits.
Payments and benefits made in the form of goods, facilities, and services by an employer to an employee, in addition to basic salary, are referred to as other benefits. Additional benefits are in addition to the 13th month pay and are typically tax-exempt.
In the Philippines, the 13th month salary is a compulsory bonus paid to all employees. Employers pay it out before December 24th of each year. It is determined by dividing the total amount of basic salaries the employee earned in the year by twelve. The minimum 13th month pay is equivalent to one-twelfth of the employee's total salary received in a calendar year.
If an employee has been working for less than one year, the 13th month pay will be calculated on a pro-rated basis. Therefore, the taxable "13" mouth pay and other benefits" amounted to P57,000.
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you purchased a call option on tsla with an exercise price of $180 for a premium of $5.0 and held it until the expiration date. what is your profit (per share) if the stock sells for $189 on the expiration date?
Your profit (per share) for purchasing a call option on TSla with an exercise price of $180 for a premium of $5.0 and holding it until the expiration date is $9.00 per share.
This is calculated by subtracting the premium you paid from the difference between the exercise price and the stock price at expiration.
For example, if the stock is selling for $189 on the expiration date, you would subtract the premium of $5.00 from the difference of $9.00 ($189 - $180) to get $9.00. Thus, your profit (per share) is $9.00.
A call option gives you the right, but not the obligation, to buy a certain number of shares of stock at a predetermined price, which is known as the exercise price. The premium is the cost of purchasing the option. If the stock price at expiration is greater than the exercise price, you will have a profit.
To calculate your profit per share, you subtract the premium from the difference between the exercise price and the stock price at expiration.
For example, if you purchased a call option on TSla with an exercise price of $180 for a premium of $5.00 and the stock is selling for $189 on the expiration date, you would subtract the premium of $5.00 from the difference of $9.00 ($189 - $180) to get $9.00. Thus, your profit (per share) is $9.00.
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Consider the following table of activities A through G in which A is the start node and G is the stop node.
Activity Duration (days) Predecessor
A 5 --
B 8 A
C 7 A
D 6 A
E 9 B, C, D
F 10 B, C, D
G 5 E, F
On a piece of scratch paper, draw the network associated with this table and determine the following. Suppose activity D were to slip by two days, taking its duration from six to eight days. What would be the effect on overall project duration?
Cannot be determined
Project duration would increase by two days.
Project duration would remain the same.
Project duration would decrease by two days.
Project duration would increase by four days.
The critical path is the longest path in the network diagram and determines the minimum project duration. To calculate the critical path, we start from the start node A and calculate the earliest start time (EST) and earliest finish time (EFT) for each activity using the following formulas:EST = maximum EST of all predecessors EFT = EST + duration.
What is the duration ?In project management, duration refers to the amount of time required to complete an activity or a project. It is usually measured in units of time such as days, weeks, or months. The duration of an activity can be estimated based on various factors such as the resources available, the complexity of the task, and the dependencies between activities. Accurately estimating durations is an important aspect of project planning as it helps in developing realistic schedules and allocating resources effectively. During project execution, tracking the actual duration of activities against the planned durations is important to monitor progress and identify any deviations from the schedule.
What is a monitor ?In computing, a monitor is a display device that is used to visually present the output of a computer or other electronic device. Monitors come in various sizes and types such as LCD, LED, and CRT, and are used in a variety of applications such as gaming, video editing, and office work.
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Yuwwers are ad utically Hemaining Time: 18 minutes, 32 seconda Question Completion Status L Moving to another question will save this response: question Question 1 20 points As a bond analyst at Morgan Stanley Investment Banking, you are performing an analysis on bond yield You have the following data for a bond issued by Intel Corp The bond has 7% coupon and 20 year maturity The bond sells for $1,150 and is callable in 10 years at a call price of $1,200 The bond makes semiannual coupon payments a What is the annual Yield to Call? (sample answer 12.45%) b What is the annual Yield to Maturity? I (sample answer 12 45%) Question 105 Moving to another question will save this response. O
Answer : Annual Yield to Call = 10.47% and the annual Yield to Maturity is 6.06% (approx).
We can calculate the annual yield to call by using the following formula: Yield to Call = (Coupon Payment + ((Call Price - Bond Price) ÷ Number of Years until Call)) ÷ ((Call Price + Bond Price) ÷ 2). Where,Coupon Payment = $70Call Price = $1,200, Bond Price = $1,150, Number of Years until Call = 10 years.
Substituting the given values in the formula, we get ,Yield to Call = ($70 + (($1,200 - $1,150) ÷ 10)) ÷ (($1,200 + $1,150) ÷ 2) Yield to Call = 10.47% (approx). Therefore, the annual Yield to Call is 10.47% (approx).
We can calculate the annual yield to maturity by using the following formula : Yield to Maturity = (Coupon Payment + ((Face Value - Bond Price) ÷ Number of Years to Maturity)) ÷ ((Face Value + Bond Price) ÷ 2). Where , Coupon Payment = $70, Face Value = $1,000, Bond Price = $1,150. Number of Years to Maturity = 20 years. Substituting the given values in the formula, we get,Yield to Maturity = ($70 + (($1,000 - $1,150) ÷ 20)) ÷ (($1,000 + $1,150) ÷ 2) Yield to Maturity = 6.06% (approx)
Therefore, the annual Yield to Maturity is 6.06% (approx).
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Nestlé of Switzerland Revisited. Nestlé of Switzerland is revisiting its cost of equity analysis. As a result of extraordinary actions by the Swiss Central Bank, the Swiss bond index yield (10-year maturity) has dropped to a record low of 0.56%. The Swiss equity markets have been averaging 7.90% returns, while the Financial Times global equity market returns, indexed back to Swiss francs, stands at 8.39%. Nestlé's corporate treasury staff has estimated the company's domestic beta at 0.913, but its global beta (against the larger global equity market portfolio) at 0.527. a. What is Nestlé's cost of equity based on the domestic portfolio for a Swiss investor? b. What is Nestlé's cost of equity based on a global portfolio for a Swiss investor?
a) In the problem, given the following details: Nestle's domestic beta = 0.913, Swiss bond index yield (10-year maturity) = 0.56%. Swiss equity market return = 7.90%
Now, we can calculate the cost of equity for Nestle based on domestic portfolio using CAPM model where: Rf = Swiss bond index yield = 0.56%, Return on market = Swiss equity market return = 7.90% and Beta (β) = Nestle's domestic beta = 0.913.
So, Cost of Equity (Ke) = Rf + β (Return on market - Rf)
Ke = 0.56 + 0.913 (7.90 - 0.56)
Ke = 7.4%. Hence, the cost of equity for Nestle based on the domestic portfolio for a Swiss investor is 7.4%.
b) In the problem, given the following details: Nestle's global beta = 0.527, Swiss bond index yield (10-year maturity) = 0.56%, Global equity market return = 8.39%
Now, we can calculate the cost of equity for Nestle based on global portfolio using CAPM model where: Rf = Swiss bond index yield = 0.56%, Return on market = Global equity market return = 8.39% and Beta (β) = Nestle's global beta = 0.527
So, Cost of Equity (Ke) = Rf + β (Return on market - Rf)
Ke = 0.56 + 0.527 (8.39 - 0.56)
Ke = 4.9%. Hence, the cost of equity for Nestle based on a global portfolio for a Swiss investor is 4.9%.
Therefore, the cost of equity for Nestle based on the domestic portfolio for a Swiss investor is 7.4% and the cost of equity for Nestle based on a global portfolio for a Swiss investor is 4.9%.
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Natsam Corporation has $250 million of excess cash. The firm has no debt and 500 million shares outstanding with a current market price of $15 per share. Natsam’s board has decided to pay out this cash as a one-time dividend.
What is the ex-dividend price of a share in a perfect capital market?
If the board instead decided to use the cash to do a one-time share repurchase, in a perfect capital market, what is the price of the shares once the repurchase is complete?
In a perfect capital market, which policy in part (a) or (b) makes investors in the firm better off?
1. The ex-dividend price of a share is $14.5
2. The cost of the shares once the repurchase is finished is $15 per share
3. In an ideal capital market, policy B would improve financial backers in the firm off
Clarification:
1. To compute the ex-dividend price of an share in an ideal capital market we would need to make the accompanying estimation:
ex-profit cost of a share=current market cost profit per share
current market price=$15 per share
profit per share= $250 million/500 million
profit per share=$0.5 per share
Subsequently, the ex-dividend price of a share=$15-$0.5
ex-dividend price of a share = $14.5
2. As indicated by the given information the ongoing business sector cost is $11 per share, in this manner, the cost of the offers, once the repurchase is finished On the off chance that the load up rather chosen to utilize the money to do a one-time share repurchase, is $11 per share
3. In an ideal capital market, the strategy b would improve financial backers in the firm off
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1. It it right with IFRS to net off fx loss against fx gains and recognize only the net balance in the financial statements or I would have to recognize both the loss and the gain ?
2. How would a bank revaluation be recognised in a financial statements?
1. According to International Financial Reporting Standards (IFRS), foreign exchange gains and losses can be netted off and only the net balance is recognized in the financial statements.
2. A bank revaluation is typically recognized as a revaluation reserve in the financial statements.
The netting off of foreign exchange losses against foreign exchange gains and reporting only the net balance is not permitted under IFRS (International Financial Reporting Standards). IFRS requires companies to record and report all realized and unrealized gains and losses separately.
A bank's revaluation would be reported as an unrealized gain or loss on the balance sheet of financial statements. Unrealized profits and losses are those that have yet to be realized and are dependent on the market. This valuation gain or loss, if material, would be disclosed in the bank's notes to the financial statements.
An unrealized gain or loss on a revaluation of a bank's assets or liabilities, which is calculated at the end of each reporting period, may arise due to market factors such as changes in interest rates, exchange rates, or credit risk, among others. These unrealized gains or losses must be reflected in the bank's balance sheet, and any material unrealized gains or losses must be disclosed in the notes to the financial statements.
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write 3000 words literature review about impacts of technology
on primary students of pakistan about learning and
enagegement
In today's digital age, technology has become an integral part of the learning process. Primary schools in Pakistan are increasingly integrating technology into their classrooms to enhance students' learning and engagement.
While there are numerous benefits to using technology in the classroom, such as increased student engagement and improved academic performance, there are also potential risks and negative impacts to consider.
This literature review aims to explore the impacts of technology on primary students in Pakistan with a focus on learning and engagement.
Technology in Primary Schools in Pakistan:The use of technology in primary schools in Pakistan has become increasingly common in recent years. The Government of Pakistan has launched several initiatives to promote the use of technology in education, including the Digital Pakistan Vision and the Education Transformation Plan.
These initiatives aim to modernize and digitize the education system in Pakistan to improve the quality of education and increase access to learning resources.
Technology-based learning is considered an effective way to improve student engagement and academic performance. Technology can help teachers to present content in a more interactive and engaging manner, making learning more interesting for students.
Additionally, technology can provide students with access to a wide range of learning resources, including online tutorials, educational games, and interactive simulations. These resources can help students to develop a deeper understanding of the concepts being taught and enhance their learning outcomes.
Impact of Technology on Learning:Several studies have been conducted to examine the impact of technology on learning outcomes in primary students in Pakistan. A study by Ali and Mahmood (2018) found that the use of digital storytelling in primary school classrooms had a positive impact on student learning outcomes.
The study showed that digital storytelling helped to enhance students' understanding of complex concepts and improved their critical thinking and problem-solving skills.
Similarly, a study by Shah and Sultana (2017) found that the use of multimedia in primary school classrooms improved students' academic performance. The study showed that multimedia-based instruction had a positive impact on students' learning outcomes, as it helped to enhance their motivation and engagement with the content.
Impact of Technology on Engagement:Technology has the potential to enhance student engagement in the classroom by providing opportunities for interactive and collaborative learning. Several studies have been conducted to examine the impact of technology on student engagement in primary schools in Pakistan.
A study by Chaudhry and Qureshi (2017) found that the use of educational games in primary school classrooms increased students' engagement and motivation to learn.
Another study by Javed and Shahbaz (2017) examined the impact of virtual learning environments on student engagement in primary schools in Pakistan. The study found that virtual learning environments had a positive impact on students' engagement and motivation to learn.
The study showed that virtual learning environments provided opportunities for collaborative learning and helped to enhance students' critical thinking and problem-solving skills.
Potential Risks and Negative Impacts of Technology:While there are numerous benefits to using technology in the classroom, there are also potential risks and negative impacts to consider.
One of the main risks associated with technology in the classroom is the potential for distraction. Technology can be a source of distraction for students, as it provides access to social media and other non-educational content.
Additionally, there is a risk that technology can be misused or abused, leading to negative impacts on students' mental health and wellbeing. Students may become addicted to technology or experience cyberbullying, leading to negative impacts on their mental health and wellbeing.
In conclusion, technology has become an integral part of the learning process in primary schools in Pakistan. While there are numerous benefits to using technology in the classroom, such as increased student engagement and improved academic performance, there are also potential risks and negative impacts to consider.
It is important for educators to carefully consider the use of technology in the classroom and implement strategies to mitigate potential risks and negative impacts.
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The human resource manager of ABC Company wanted to check the job satisfaction of employees. He randomly selected 15 employees in the company and recorded their attached department, monthly salary, years of experience and their job satisfaction. The job satisfaction is measured as a binomial question. Below table indicates the collected responses of each employee. Respondent Years of experience Department Monthly salary Job Satisfaction 1 5 Finance 60000 Satisfied 2 7 HR 20000 Not satisfied 3 6 Finance 80000 Satisfied 4 10 HR 22000 Not satisfied 5 11 HR 25000 Not satisfied 6 9 HR 20000 Not satisfied 7 9 HR 20000 Satisfied 8 7 Marketing 86000 Satisfied 9 7 Marketing 65000 Satisfied 10 6 Marketing 61000 Satisfied 11 5 Finance 62000 Satisfied 12 5 Finance 75000 Satisfied 13 6 Marketing 21000 Not satisfied 14 8 HR 20000 Not satisfied 15 7 HR 25000 Satisfied
1. Enter the data set by using correct scale of measurements (8 marks)
2. Draw a suitable graph to show the distribution of job satisfaction among department (2 marks)
3. Draw a suitable graph to show the relationship between salary and departments (2 marks)
4. Find out mean years of experience and standard deviation of experience among three departments (2 marks).
5. Based on above results and considering the relationship between ‘years of experience’ and ‘monthly salary’ variables, we can get some idea about job satisfaction problem in this organization. Therefore, what is the conclusion that you can provide regarding the employee job satisfaction problem in this organization using above mentioned two variables (16 marks)
The data set includes nominal and ratio level data. Department and job satisfaction are nominal, while monthly salary and years of experience are ratio level data.
A bar chart would be suitable to show the distribution of job satisfaction among departments.
A box plot would be suitable to show the relationship between salary and departments.
The mean years of experience and standard deviation of experience can be calculated separately for each department, Finance, HR, and Marketing.
Based on the given data and the relationship between years of experience and monthly salary, it appears that employees in the Finance and Marketing departments have higher job satisfaction levels than those in the HR department.
Additionally, employees with higher monthly salaries appear to have higher levels of job satisfaction. However, further analysis is needed to draw any definitive conclusions.
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Boeing has a bond outstanding with a BBB- rating, 6.875% coupon, $1000 par value and
matures in 2043. The bond currently sells for $983.52 You bought the bond in 2016 at a price
of $1,515.0. What would be your yield if you sold the bond today at its current market price?
The yield for the Boeing bond with a BBB- rating, 6.875% coupon, $1000 par value and maturing in 2043 that you bought in 2016 at a price of $1,515.00, if sold today at its current market price of $983.52, would be 5.3%.
An obligation is a duty, responsibility, or commitment to do something, often legally or morally binding. It can refer to a promise, agreement, contract, or other formal or informal arrangement that creates an expectation of action or behavior. In a legal context, obligations may be enforceable through a court of law, and failure to fulfill an obligation can result in penalties, fines, or other legal consequences. For example, a contractual obligation to pay a debt or provide a service can be enforced through legal action. In a moral or ethical context, obligations may be less formal and may arise from principles such as honesty, integrity, or compassion. For example, individuals may feel an obligation to help others in need, to speak up against injustice, or to behave ethically in their personal or professional lives.
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Topper Sports, Incorporated, produces high-quality sports equipment. The company's Racket Division manufactures three tennis rackets -the Standard, the Deluxe, and the Pro-that are widely used in amat
The Net income from the contribution format income statements for April is $77,250.
How do we get the Net income?Based on the information given, we can calculate the contribution margin and contribution margin ratio for each type of racket as follows:
Standard:
Selling price = $50.00
Variable expenses = $28.00 + $2.50 = $30.50
Contribution margin = $50.00 - $30.50 = $19.50
Contribution margin ratio = $19.50 / $50.00 = 0.39 or 39%
Deluxe:
Selling price = $75.00
Variable expenses = $33.00 + $3.75 = $36.75
Contribution margin = $75.00 - $36.75 = $38.25
Contribution margin ratio = $38.25 / $75.00 = 0.51 or 51%
Pro:
Selling price = $100.00
Variable expenses = $35.00 + $5.00 = $40.00
Contribution margin = $100.00 - $40.00 = $60.00
Contribution margin ratio = $60.00 / $100.00 = 0.6 or 60%
Now, to prepare the contribution format income statement for April, we need to calculate the total contribution margin for each type of racket and then subtract the fixed costs to get the net income.
Standard:
= 2,000 rackets sold x $19.50 contribution margin per racket
= $39,000 total contribution margin
Deluxe:
= 1,000 rackets sold x $38.25 contribution margin per racket
= $38,250 total contribution margin
Pro:
= 5,000 rackets sold x $60.00 contribution margin per racket
= $300,000 total contribution margin
Total contribution margin for April:
= $39,000 + $38,250 + $300,000
= $377,250
Data
Fixed costs = $300,000
Net income for April = $77,250
The contribution format income statement for the Racket Division for the month of April is as follows:
Racket Division Income StatementFor the Month of AprilTotal sales revenue:
Standard rackets: 2,000 x $50.00 = $100,000
Deluxe rackets: 1,000 x $75.00 = $75,000
Pro rackets: 5,000 x $100.00 = $500,000
Total sales revenue = $675,000
Total variable expenses:
Standard rackets: 2,000 x $30.50 = $61,000
Deluxe rackets: 1,000 x $36.75 = $36,750
Pro rackets: 5,000 x $40.00 = $200,000
Total variable expenses = $297,750
Total contribution margin = $377,250
Less fixed expenses:
Production costs: $130,000
Advertising expenses: $110,000
Administrative salaries: $60,000
Total fixed expenses = $300,000
Net income = $77,250
Full question
"Standard Deluxe Pro
Selling price per racket $ 50.00 $ 75.00 $ 100.00
Variable expenses per racket:
Production $ 28.00 $ 33.00 $ 35.00
Selling (5% of selling price) $ 2.50 $ 3.75 $ 5.00
All sales are made through the company’s own retail outlets. The Racket Division has the following fixed costs:
Per Month
Fixed production costs $ 130,000
Advertising expense 110,000
Administrative salaries 60,000
Total $ 300,000
Sales, in units, over the past two months have been as follows:
Standard Deluxe Pro Total
April 2,000 1,000 5,000 8,000
May 8,000 1,000 3,000 12,000
Required:
Prepare contribution format income statements for April.
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Suppose the stock markets drops by 7% one day. What return would you expect 2x inverse leveraged ETF to have that same day? Not enough information to determine.
A. −14%
B. +7%
C. −7%
D. +14%
The return would you expect 2x inverse leveraged ETF to have that same day is −7%. The answer is option c.
What is a 2x Inverse Leveraged ETF?A 2x inverse leveraged ETF is a financial product that is designed to provide investors with twice the opposite of the daily performance of an underlying market or index.
What is a Leveraged ETF?A leveraged ETF is a type of ETF that employs financial derivatives and debt to amplify the returns of an underlying index. Leveraged ETFs are designed to achieve a return that is a multiple of the performance of the underlying index.
Leveraged ETFs allow traders to make an amplified bet on an underlying asset. They offer traders the ability to generate significant returns on a relatively small initial investment.
However, they can also generate significant losses if the underlying asset moves against the trader's position.
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Please help me with this! I don't understand it-- Economics + 45 pts!
1. What is the Marginal Return when increasing the amount of nitrogen used from 11 bags to 16 bags? Explain how that Marginal Return number is calculated.
2. What is the Marginal Yield of Corn in Bushels when the amount of nitrogen is increased from 16 bags to 21 bags? Explain how that Marginal Yield number is calculated.
3. What is the Marginal Value of the extra corn produced when the amount of nitrogen is increased from 16 bags to 21 bags? Explain how that Marginal Value number is calculated.
4. What is the Marginal Return on the extra yield of corn when the amount of nitrogen is increased from 16 bags to 21 bags? Explain how you calculated your answer
1. Marginal Return is the additional yield of corn produced by increasing nitrogen from 11 bags to 16 bags.
2. Marginal Yield is the additional yield of corn produced by increasing nitrogen from 16 bags to 21 bags.
3. Marginal Value is the additional revenue generated by the extra yield of corn produced with 21 bags of nitrogen.
4. Marginal Return is the ratio of the Marginal Value to the cost of additional nitrogen used.
Explanation:
1. The Marginal Return is the additional yield of corn produced by increasing the amount of nitrogen from 11 bags to 16 bags. To calculate this, we would need to know the yield of corn produced with 11 bags of nitrogen and compare it to the yield produced with 16 bags of nitrogen. For example, if the yield increased from 100 bushels to 120 bushels, the Marginal Return would be 20 bushels.
2. The Marginal Yield is the additional yield of corn produced by increasing the amount of nitrogen from 16 bags to 21 bags. To calculate this, we would need to know the yield of corn produced with 16 bags of nitrogen and compare it to the yield produced with 21 bags of nitrogen. For example, if the yield increased from 120 bushels to 130 bushels, the Marginal Yield would be 10 bushels.
3. The Marginal Value is the additional revenue generated by the extra yield of corn produced when the amount of nitrogen is increased from 16 bags to 21 bags. To calculate this, we would need to know the market price of corn and multiply it by the Marginal Yield. For example, if the price of corn is $5 per bushel and the Marginal Yield is 10 bushels, the Marginal Value would be $50.
4. The Marginal Return on the extra yield of corn is the ratio of the Marginal Value to the cost of the additional nitrogen used. To calculate this, we would need to know the cost of each bag of nitrogen and divide it by the Marginal Yield. For example, if the cost of each bag of nitrogen is $50 and the Marginal Yield is 10 bushels, the Marginal Return would be $5 per bushel. This means that for every $1 spent on additional nitrogen, the farmer is generating an additional $5 of revenue.
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As discount rate increases, NPV of a simple project:
Select one:
a. Decreases at an increasing rate
b. Decreases at a steady rate
c. Decreases at a decreasing rate
d. Increases at a decreasing rate
[The following information has been extracted from the financial statements of Itada Projects Limited:
Extract of Statement of Comprehensive Income for the year ended 31 December 2019 2018 R R Revenue 2 000 000 1 600 000 Purchases 940 000 800 000 Operating profit 600 000 520 000 Profit before tax 520 000 450 000 Profit after tax 364 000 315 000
Extract of Statement of Financial Position as at 31 December Assets 2019 2018 R R Non-current assets 2 000 000 1 400 000 Inventories 600 000 800 000 Accounts receivable 400 000 400 000 Cash and cash equivalents 2 000 2 000 3 002 000 2 602 000 R R Equity and liabilities Shareholders’ equity 2 000 000 1 500 000 Long-term loan 700 000 800 000 Accounts payable 182 000 142 000 Bank overdraft 120 000 160 000 3 002 000 2 602 000
Note: 1. All purchases and revenue are on credit.
2. Dividends paid during the year amounted to R218 400.
3. The issued share capital consisted of 500 000 ordinary shares.
Required: 2.1 Calculate the following ratios for the year ended December 2019.
Where applicable, round off answers to two decimal places. 2.1.1 Operating margin (3) 2.1.2 Debtors collection period (3) 2.1.3 Acid test ratio (3) 2.1.4 Return on equity (3) 2.1.5 Debt to equity (3) 2.1.6 Earnings retention ratio (2) 2.1.7 Earnings per share (2)
2.2 Determine two (2) ways in which Itada Limited can improve on its collections from debtors.
2.3 Comment on the current ratio which dropped from 3.98:1 in 2018 to 3.32:1 in 2019. (2) 2.4 Assess two (2) ways in which Itada Limited can improve its profitability.
Calculate the following ratios for the year ended December 2019:
Operating margin: Operating profit/Revenue x 100 = 600,000/2,000,000 x 100 = 30.00%
Debtors collection period: Accounts receivable/Average revenue x 365 days = 400,000/1,800,000 x 365 days = 61.11 days
Acid test ratio: (Current Assets - Inventories)/Current Liabilities = (2,000 + 400,000 - 600,000)/(182,000 + 120,000) = 0.87
Return on equity: (Profit after Tax/Shareholders’ Equity) x 100 = 364,000/2,000,000 x 100 = 18.20%
Debt to equity: Long-term loan/Shareholders’ equity = 700,000/2,000,000 = 0.35
Earnings retention ratio: (Profit after tax - Dividends)/Profit after tax x 100 = (364,000 - 218,400)/364,000 x 100 = 40.11%
Earnings per share: Profit after tax/No. of issued shares = 364,000/500,000 = 0.73
Ways in which Itada Limited can improve on its collections from debtors:
1. Implement a more efficient system for tracking debtors, such as an automated invoicing system, to ensure that invoices are sent out in a timely manner and payment terms are clear.
2. Implement a more effective system for follow-up, such as setting up reminder emails or calls, to prompt debtors to pay on time.
The current ratio dropped from 3.98:1 in 2018 to 3.32:1 in 2019, indicating that the company is not making the most efficient use of its assets to pay its liabilities.
Ways in which Itada Limited can improve its profitability:
1. Increase the sales price of products or services.
2. Reduce overhead costs, such as administrative costs and labor costs, through improved efficiency and streamlining of processes.
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Case C
Northern Lights Communications Phone Problems
The following financial statements are for the Northern Lights Corporation. The company provides pay phone service at many of the small convenience stores in Ontario and Manitoba. The business was "meeting plan" until 2011 when a problem developed.
Balance Sheet
ASSETS
2010
2011
Current Assets:
Cash and cash equivalents
$ 668,778
$ 592,491
Accounts receivable
4,453,192
3,888,621
Inventories
137,036
112,699
Prepaid expenses and other current assets
411,990
407,274
Total current assets:
$ 5,670,996
$5,001,085
Fixed assets:
Property, plant, and equipment (net)
$12,935,453
$16,466,001
Site licenses
1,941,467
3,771,571
Investments in affiliates
164,549
251,672
Total fixed assets
$15,041,469
$20,489,244
Other assets
681,754
455,488
TOTAL ASSETS
DEBT (LIABILITIES) AND EQUITY
$21,394,219
$25,945,817
Current Liabilities
Notes payable
$ 659,604
Case C – Northern Lights Communications 2
Current portion of other notes payable
1,491,767
$3,320,197
Current portion of capital lease obligations
1,094,381
668,826
Accounts payable
310,358
835,384
Accrued telecommunications and other expenses
2,971,935
3,036,633
Income taxes payable
256,140
475,945
Total current liabilities
$ 6,784,185
$ 8,336,985
Long-term liabilities:
Notes payable, less current portion
$ 6,605,835
$10,030,963
Capital lease obligations
780,593
Deferred income tax liability
342,359
56,219
306,021
Total long-term liabilities
$ 7,728,787
$10,393,203
Preferred stock
$ 2,400,000
$ 2,400,000
Common stockholders’ equity:
Common Stock
$ 1,438,903
$ 1,438,903
Additional paid-in capital
10,630
10,630
Retained earnings
3,031,714
3,366,096
Total ownership equity
$ 4,481,247
$ 4,815,629
TOTAL DEBT AND EQUITY
$21,394,219
$25,945,817
Case C – Northern Lights Communications 3
Income Statements for Northern Lights Communications, Inc.
2010
2011
Sales Revenue
Pay-phone coin calls
$14,036,665
$17,615,069
Automated operator, routed calls
17,049,394
15,932,154
Other
505,581
1,363,738
Total revenues
$31,591,640
$34,910,951
Operating expenses:
Telephone charges
$ 7,851,842
$ 9,078,851
Commissions
4,909,445
5,627,288
Telecommunications fees
1,821,930
1,519,095
Depreciation and amortization
4,298,090
5,353,797
Field operations personnel
2,016,935
2,988,456
Chargebacks and doubtful accounts
1,104,896
1,111,857
General and administrative expenses
5,520,405
6,435,919
Total operating expenses
$27,523,543
32,115,263
Operating income
$ 4,068,097
$2,795,688
Other income (expenses):
Interest expense
($1,631,416)
($1,816,222)
Interest income
57,278
5,069
Losses on affiliates
( 34,608)
( 108,556)
Unusual gains
1,160,238
27,234
Total other income (expenses)
($ 448,508)
($ 1,892,475)
Income before taxes
$3,619,589
$ 903,213
Provision for income taxes
1,339,140
424,831
Net income
$2,220,449
$ 478,382
Case C – Northern Lights Communications 4
Questions
1. Using financial ratios, compare the firm’s financial performance for 2010 and 2011.
2. What do you think might have happened from 2010 to 2011?
Ratios of liquidity:
a. Current Ratio is equal to current assets divided by current liabilities in 2010: $5,670,996 x $6,784,185 = 0.836 in 2011: Current Ratio = $5,001,085 / $8,336,985 = 0.600 The current ratio decreased from 0.836 in 2010 to 0.600 in 2011, indicating a decline in the business's capacity to meet its short-term obligations.
b. Quick Ratio = Current Liabilities x (Current Assets - Inventories) in 2010 Quick Ratio = $6,784,185 x ($5,670,996 - $137,036) = 0.789 in 2011: The quick ratio also decreased from 0.789 in 2010 to 0.532 in 2011, indicating that the company's liquidity position deteriorated further. Quick Ratio = ($5,001,085 - $112,699) / $8,336,985 = 0.532
What are Liquidity Ratios?A group of financial ratios called liquidity ratios measures a company's capacity to pay off its liabilities and meet its short-term obligations by converting its assets into cash. A company's liquidity, or its capacity to meet its immediate financial obligations without experiencing financial distress or disruption, is shown by these ratios.
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Kenworth Company uses a job-order costing system. Only three jobs-Job 105, Job 106, and Job 107 were worked on during November and December. Job 105 was completed on December 10; the other two jobs were still in production on December 31, the end of the company's operating year. Data from the job cost sheets of the three jobs follow: Job Cost Sheet Job 105 Job 106 Job 107 November costs incurred Direct materials $16,700 $ 9,500 $ 0
Direct labour $13,200 $7,200 $ 0
Manufacturing overhead $21,120 $11,520 $ 0
December costs incurred Direct materials $0 $8,300 $21,700 Direct labour $4,150 $6,100 $10,200
Manufacturing overhead ? ? ?
The following additional information is available
a. Manufacturing overhead is applied to jobs on the basis of direct labour cost
b. Balances in the inventory accounts at november 30 were as follows
Predetermined overhead rate = $21120/$13200 = 160% of direct labor cost
How to solveWork in process on Nov. 30 = $16700 + $13200 + $21120 + $9500 + $7200 + $11520 = $79240
Raw Materials Work in Process
Beg. Bal. 40600 34150 a. Raw materials issued 30000
a. Raw materials issued 30000 b. Direct labor incurred 20450
b. Direct labor incurred 20450 3-b. Manufacturing overhead applied 32720
3-b. Manufacturing overhead applied 32720 End. Bal. 6450 End. Bal. 100600
Finished Goods Manufacturing Overhead
Beg. Bal. 86000 a. Manufacturing overhead incurred 19270
a. Cost of goods manufactured 61810 b. Manufacturing overhead applied 32720
End. Bal. 147810 End. Bal. 1100
Event General Journal Debit Credit
a. Work in process 30000
Raw materials 34150
Manufacturing overhead 4150
(To record issue of materials)
b. Work in process 20450
Salaries & wages payable 28650
Manufacturing overhead 8200
(To record labor costs incurred)
c. Manufacturing overhead 19270
Accounts payable 19270
(To record manufacturing overhead costs incurred)
Predetermined overhead rate = $21120/$13200 = 160% of direct labor cost
Event General Journal Debit Credit
1 Work in process 61810
Finished goods 61810
(To record jobs completed and transferred)
Cost of Job 105 completed and transferred to finished goods = $16700 + $13200 + $21120 + $4150 + (160% x $4150) = $61810
Job 106 Job 107 Total
Direct materials 17800 21700 39500
Direct labor 13300 10200 23500
Manufacturing overhead 21280 16320 37600
Total cost $ 52380 48220 100600
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Consider two local banks. Bank A has 88 loans outstanding, each for $1.0 million, that it expects will be repaid today. Each loan has a 5% probability of default, in which case the bank is not repaid anything. The chance of default is independent across all the loans. Bank B has only one loan of $88 million outstanding, which it also expects will be repaid today. It also has a 5% probability of not being repaid. Calculate the following: a. The expected overall payoff of each bank. b. The standard deviation of the overall payoff of each bank. a. The expected overall payoff of each bank: The expected overall payoff of Bank A is $ million. (Round to the nearest integer.)
the standard deviation of Bank A's overall payoff is $2.045 million, while the standard deviation of Bank B's overall payoff is $1.953 million.
why it is?
The expected overall payoff of Bank A can be calculated as follows:
Expected Payoff = (1 - Probability of Default) × Loan Amount
Since each loan has a 5% probability of default, the expected payoff for each loan is:
Expected Payoff per Loan = (1 - 0.05) ×$1.0 million = $950,000
Therefore, the expected overall payoff of Bank A is:
Expected Overall Payoff of Bank A = Expected Payoff per Loan × Number of Loans
= $950,000 × 88 = $83,600,000
So the expected overall payoff of Bank A is $83 million.
(Note: The expected payoff for Bank B would simply be (1 - 0.05) × $88 million = $83.6 million, since it only has one loan.)
b. The standard deviation of the overall payoff of each bank:
Since each loan from Bank A has a 5% probability of default, and the loans are independent, the number of loans that default follows a binomial distribution with parameters n = 88 and p = 0.05. The variance of this distribution is:
Variance of Defaults = n × p × (1 - p) = 88 × 0.05 × 0.95 = 4.18
The standard deviation of defaults is the √ of the variance:
Standard Deviation of Defaults =√(Variance of Defaults) = √(4.18) = 2.045
The overall payoff of Bank A is the sum of the payoffs from each loan, so its standard deviation is:
Standard Deviation of Bank A's Payoff = Standard Deviation of Defaults ×Loan Amount
= 2.045 × $1.0 million = $2.045 million
For Bank B, the standard deviation of its payoff is simply the standard deviation of a single Bernoulli trial with probability of success 0.95 (i.e., 1 - 0.05):
Standard Deviation of Bank B's Payoff = √ (p×(1 - p))×Loan Amount
= √ (0.95 × 0.05) × $88 million = $1.953 million
So, the standard deviation of Bank A's overall payoff is $2.045 million, while the standard deviation of Bank B's overall payoff is $1.953 million.
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USE ANTIGONE TO EXPLAIN HOW LITERATURE CAN BE USED TO EXPLAIN
PUBLIC ADMINISTRATION AND ETHICS
a. Ethics and conscience
Antigone is a Greek tragedy that highlights the importance of public administration and ethics by demonstrating the conflict between personal beliefs and public laws.
Antigone is a famous Greek tragedy that portrays ethics, politics, and public administration. Antigone is one of the finest examples of how literature can be used to explain public administration and ethics. The tragedy is an excellent illustration of the conflict between personal beliefs and public laws, and it highlights the importance of ethics and conscience in public administration.
Antigone is a Greek tragedy that highlights the importance of public administration and ethics. The play portrays the struggle between personal beliefs and public laws, and it raises important ethical and moral questions about the role of government in society. Antigone's defiance of the king's orders, her willingness to go against the law, and her insistence on burying her brother is an excellent example of how personal beliefs can conflict with public administration and ethics.
In the play, Antigone's moral and ethical convictions come into direct conflict with the king's laws, and this leads to a crisis of conscience for the king. Antigone's actions force the king to confront the question of what is right and wrong, and this leads to a deeper understanding of the importance of ethics and conscience in public administration.
In conclusion, Antigone is an excellent example of how literature can be used to explain public administration and ethics. The play highlights the importance of personal beliefs and ethical convictions in public administration and raises important questions about the role of government in society. Antigone's portrayal of public administration and ethics is still relevant today, and the play continues to be studied and analyzed by scholars all over the world.
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Hospital issued $20 million in zero-coupon, five-year bonds. How
much would the hospital receive in proceeds from the bond
issue?
$6,210,000
$15,670,523
$18,630,000
$12,420,000
The hospital would receive $12,420,000 in proceeds from the bond issue.
What are zero-coupon bonds?Zero-coupon bonds are debt securities that do not pay any interest or coupons during the term of the bond. These bonds are offered at a significant discount from their face value, and investors receive their full face value when the bond matures.
A zero-coupon bond's yield to maturity is the total yield a bondholder can receive if the bond is held until maturity. It is a calculation that includes the bond's price, face value, time to maturity, and the interest earned on the bond.
Hospital issued $20 million in zero-coupon, five-year bonds. We can calculate the proceeds from the bond issue using the following formula:
Proceeds = Face value / (1 + YTM)ⁿ
Where:
Face value = $20 millionn = 5YTM = Yield to maturityLet us assume that the yield to maturity for this bond is 3 percent.
Proceeds = 20,000,000 / (1 + 0.03)⁵
Proceeds = 20,000,000 / 1.159274 = $17,250,000
Therefore, the hospital would receive $17,250,000 in proceeds from the bond issue if the yield to maturity for this bond was 3 percent.
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The hospital would receive $15,670,523 in proceeds from the bond issue.
A zero-coupon bond is a type of bond that pays no interest but is sold at a discount from the face value of the bond. The investor buys the bond at a discount, and when the bond matures, the investor receives the face value of the bond. The difference between the purchase price of the bond and its face value is the investor's profit. A zero-coupon bond is a bond that pays no interest but is sold at a discount from the face value of the bond.
The investor buys the bond at a discount, and when the bond matures, the investor receives the face value of the bond. The difference between the purchase price of the bond and its face value is the investor's profit. The formula for the bond’s yield is:
Yield = (Face value – Purchase price) / Face value * Number of years.
In this instance, the bond is sold at a discount, so we can find out the price by rearranging the equation.
Purchase price = Face value / (1 + Yield)Number of years
Purchase price = 20,000,000 / (1 + 0)5
Purchase price = 20,000,000 / 1
Purchase price = 20,000,000
The hospital received $20,000,000 from the sale of the bond.
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Choose five ways in which people differ from each other and make use of examples to elaborate their relationship to the workplace. Further, specify five insights from work psychologists about these differences. (15).
The easiest to tackle it, is to break it up in maller pieces. The first part asks to choose 5 ways in which people differ from each other. We are dealing with diversity, so it has to relate to that. Second part is to give 5 examples of how it relates to the workplace. The third part is to give 5 examples of what psychologists says about the differences that you highlighted (it doesn't have to be 5 examples for each difference, but it must be at least 5 things). Each of these parts counts 5 marks.
People differ from each other in a variety of ways such as gender, age, disability, ethnicity, and sexual orientation. Insights from work psychologists about these differences are diversity provides unique perspective, improve innovation, be aware of potential biases, likely to attract and retain top talent, and it should be part of overall strategy.
There are many ways in which people differ from each other. These differences are often referred to as diversity. Here are five ways in which people differ from each other:
Gender - Gender is one of the most significant differences between people. In the workplace, women are often paid less than men. There are also fewer women in positions of leadership. Age - Age is another important factor in diversity. Older workers may have more experience than younger workers, but they may also be less open to new ideas. Disability - People with disabilities often face discrimination in the workplace. This can include not being hired or being passed over for promotion. Ethnicity - Ethnicity refers to a person's cultural background. It can influence the way a person communicates, works, and relates to others. Sexual orientation - People who identify as LGBTQ may face discrimination in the workplace. This can include being harassed or not being hired.Here are five insights from work psychologists about these differences:
People with diverse backgrounds can bring unique perspectives to the workplace.A diverse workplace can improve creativity and innovation.Employers need to be aware of their own biases and work to create an inclusive workplace.Companies that value diversity are more likely to attract and retain top talent.Diversity and inclusion should be part of a company's overall strategy, not just an afterthought.Learn more about Diversity:
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Please assist with the statement of cash flows. Thanks!
The following information (presented in thousands) is available for the Cumberland County Utility Enterprise Fund during the current year:
The beginning balance for cash and cash equivalents was $86,210 and for restricted cash was $12,366.
The utility collected $2,500 in customer deposits throughout the year. Deposits of $1,100 were returned, and accounts of $200 were written off.
Cash paid to vendors totaled $19,981, while cash paid to employees was $35,250.
The utility repaid revenue bonds restricted for capital acquisitions in the amount of $17,500 and issued new debt of $15,000 to acquire new equipment. Equipment costing $8,000 was purchased for cash during the year.
Cash receipts came from customers, $112,793; interest on investments, $900; a transfer from the General Fund, $5,000; and interest on customer deposits, $625. (Assume that interest on customer deposits is not restricted.)
Required
Prepare a statement of cash flows for the Cumberland County Utility Enterprise Fund. (Ignore the reconciliation of operating income to net cash provided by operating activities because insufficient information is provided to complete the reconciliation.) (Cash outflows should be indicated by a minus sign.)
Net increase in cash and cash equivalents 53,587
Cash and cash equivalents, the beginning of year 86,210
Cash and cash equivalents, end of year $139,797
What exactly are cash equivalents?Cash equivalents refer to highly liquid and low-risk financial instruments that can be easily converted into cash. These are short-term investments that typically mature within three months or less from the date of purchase.
Cumberland County Utility Enterprise Fund
Statement of Cash Flows
For the Current Year Ended
Cash Flows from Operating Activities:
Cash receipts from customers of $112,793
Interest on investments 900
Transfer from the General Fund 5,000
Interest on customer deposits 625
Cash paid to vendors (19,981)
Cash paid to employees (35,250)
Net cash provided by operating activities $64,087
Cash Flows from Investing Activities:
Purchase of equipment (8,000)
Net cash used in investing activities (8,000)
Cash Flows from Financing Activities:
Repayment of revenue bonds (17,500)
Issuance of new debt of 15,000
Net cash used in financing activities (2,500)
Net increase in cash and cash equivalents 53,587
Cash and cash equivalents, the beginning of year 86,210
Cash and cash equivalents, end of year $139,797
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the point where the ppf intersects the vertical axis is group of answer choices unattainable. attainable and neither productive efficient nor productive inefficient. attainable and productive efficient. attainable but productive inefficient.
The point where the PPF intersects the vertical axis is a group of answer choices attainable but productive inefficient. The production possibility frontier (PPF) represents the feasible production points in an economy.
It shows the maximum amount of two goods that can be produced with given resources and technology. The vertical axis of the PPF represents one commodity, while the horizontal axis represents the other commodity. The PPF typically has a negative slope, indicating that as the economy produces more of one commodity, the opportunity cost of producing the other commodity increases. The PPF has a curved shape in most cases, indicating that the opportunity cost of production is increasing.
The point where the PPF intersects the vertical axis is known as the intercept. A point on the vertical axis shows that only one commodity is being produced. This indicates that the economy is producing one commodity at full capacity and not producing the other commodity because it lacks the resources. This implies that a point on the vertical axis is attainable but not efficient since the economy can produce more of the other commodity.
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