Answer:
What are accountants most likely involved in as part of their daily activities within an organization?
A.
Preparing profit and loss statements.
B.
Working on distribution-related logistics.
C.
Contacting potential new retailers.
D.
Working on production schedules and shifts.
Explanation:
Plato
A bond has a $1,000 par value, 20 years to maturity, and an 8% annual coupon and sells for $1,110. What is its yield to maturity (YTM)?
Answer:
YTM = 0.070616 or 7.0616% rounded off to 7.06%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
C is the coupon paymentF is the Face value of the bondP is the current value of the bondn is the number of years to maturityCoupon payment = 1000 * 0.08 = 80
YTM = [ (80 + (1000 - 1110 / 20)) / (1000 + 1110 / 2)
YTM = 0.070616 or 7.0616% rounded off to 7.06%
Suppose US$1 = €0.7809 in New York and US$1 = €0.7793 in Paris. How can foreign exchange traders profit from these exchange rates? What actions can they take that may result in the same dollar/euro exchange rate in both New York and Paris? Please limit your response to one or two reasonably-sized paragraphs.
Answer:
If a Dollar is worth $ 0.7809 Euros in New York, and $ 0.7793 Euros in Paris, the way in which foreign exchange traders could obtain an economic profit through this difference would be by buying Euros in Paris, and selling them again in New York. Thus, they would obtain $ 0.016 of profit for each Euro traded in the market, with which, for example, if $ 1,000,000 of Euros were traded, a total profit of $ 16,000 would be obtained. In turn, trading the same amount in both Paris and New York, traders would not make any profit, equating both exchange rates.
The Open Grill incurred the following costs in acquiring a new piece of land:
Cost of the land $ 80,000
Commissions 4,800
Liability insurance for the first year 1,200
Cost of removing existing building 20,000
Sale of salvaged materials (4,000 )
Total costs $ 102,000
What is the total recorded cost of the land?
a. $102,000.
b. $100,800.
c. $106,000.
d. $80,000.
Answer:
b. $100,800.
Explanation:
Calculation for the total recorded cost of the land
Cost of the land $ 80,000
Add Commissions $4,800
Add Cost of removing existing building $20,000
Less Sale of salvaged materials ($4,000 )
Total recorded cost of land $100,800
Therefore the total recorded cost of the land will be $100,800
If there is a high supply for a product, then production would be _____.
decreased
increased
the same
none of the above
Answer:
the same i think is this correct
Answer:
increased
Explanation:
edg
What were true about all the states of natures in Decision making under ignorance (hint: how likely was any one of them to happen
Answer: They would be treated equally
Explanation:
States of natures in decision making under ignorance would be treated equally, and as such they would be treated equally.
Now that you know about the different types of bank accounts, relate this information to your chosen career path. Write a paragraph explaining the type(s) of bank accounts that you would need in order to save enough money for college or training for your career. Your answer should address the following questions:
Do you already have a bank account? If so, which type(s), and how do you use them? If not, then how could you go about opening a bank account of your own?
After learning about the different types of bank accounts, which one do you think offers the best options for saving money for college, daily living expenses, and an emergency fund?
Define a bounced check, or a check returned for insufficient funds. Explain a circumstance in which someone might bounce a check (give an example), and create and discuss a plan so that this does not happen to you.
Answer:
I pay for my expenses using either my debit card or cash that I withdraw from the ATM. It is very rare that I write a check to pay for my purchases. If there is an emergency situation, I withdraw money from one of my certificates of deposit.
I want to be a physicist, and I plan to earn a graduate degree in physics from Harvard University. I don’t have enough money saved up to pay for my tuition, even though I have two certificates of deposit accounts and one savings account. This means that I will probably have to take a student loan from my bank. However, I do have sufficient money in my checking account to pay for my daily expenses.
A bounced check is a check that a person has written but cannot pay for due to insufficient funds. For example, a person might send a check for a credit card bill but the person’s bank account may not have sufficient balance to pay this amount. To avoid check bouncing, I’ll always try and remember a rough figure of the money in my account. Additionally, wherever possible, I will pay my bill either in cash or by debit card.
Explanation:
PLATO sample answer
A bank monetary base account is managed by a bank or other financial institution wherein the bank records financial transactions with customers.
Bank Account:We pay for all our purchases with a debit card or cash from an ATM. I rarely pay for things with a check. I can take money out of one of my certificates of deposit because I need it in an emergency.
We want to be a physicist and plan to study physics at Harvard University. Although I have two savings deposits and one savings account, I may not have enough money set aside to pay for my tuition. As a result, I'll most likely need to borrow money from my bank for a student loan. My term deposit, on the other hand, has enough cash to cover our everyday needs.The bounced check has been written but cannot be paid because of a lack of money. The person may, for example, submit an account to cover a credit card debt, yet his or her bank account may not have adequate funds to cover the payment. I'll try to remember a rough figure of the money in my account to avoid checks bouncing.I'll also pay my share in cash or through a debit card whenever feasible.Find out more about the bank account here:
brainly.com/question/16953228
Assume that the risk-free rate is 6% and the market risk premium is 8%.
What is the expected return for the overall stock market? Round your answer to two decimal places.
___________ %
What is the required rate of return on a stock with a beta of 1.9? Round your answer to two decimal places.
___________ %
Answer:
r or expected rate of return - market = 0.14 or 14%
r or expected rate of return - stock = 0.2120 or 21.20%
Explanation:
Using the CAPM, we can calculate the required/expected 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 * rpM
Where,
rRF is the risk free rate rpM is the market risk premium
Under CAPM, the assumption follows that the beta of the market is always equal to 1.
So, expected return on the stock market will be,
r or expected rate of return - market = 0.06 + 1 * 0.08
r or expected rate of return - market = 0.14 or 14%
The beta of the stock is given. We calculate the required rate of return on the stock to be,
r or expected rate of return - stock = 0.06 + 1.9 * 0.08
r or expected rate of return - stock = 0.2120 or 21.20%
Dividends are best defined as:
a. cash or stock payments to shareholders.
b. cash or stock payments to either bondholders or shareholders.
c. distributions of stock to current shareholders.
d. cash payments to shareholders.
e. cash payments to either bondholders or shareholders.
Answer: a. cash or stock payments to shareholders
Explanation:
A dividend is a cash or stick payment that is given to the shareholders of a company. This reward given to the shareholders can be in the form of cash or other form.
The dividend given to the shareholders is gotten out of the profit that the company makes.
Therefore, the correct option is A.
On November 19, Hayes Company receives a $15,000, 60-day, 10% note from a customer as payment on his account. What adjusting entry should be made on the December 31 year-end
Answer: A debit to Interest receivable at $175
A credit to Interest Revenue at $175
Explanation:
Interest revenue = Principal x rate s time ( from Nov 19 - December 31st)
=$15,000 x 10% x 42/360 ( taking days in a year = 360 days )
= $175
Adjusting Journal entry for Hayes Company on December 31st year end
Date Account titles Debit Credit
December 31st Interest receivable $175
Interest Revenue $175
who is captain america
Answer:
a super hero that's part of marvel
Answer:
Captain America is a marvel character played by Chris Evans.
Explanation:
Captain America started out as a normal kinda scrawny teenager who joined the American Army during World War II. He was transformed into a super soldier and became an insanely fit and strong human being. He saved many people during the war, but unfortunately was frozen in ice for like 66 years. So, he became part of a group called the Avengers. Kind of like a vigilante group. And finally, he was able to go back in time and marry the woman of his dreams, and he retired from the avengers after, the time travel left him in his actual age, well into his 80's.
A global organization headquartered in London that represents over 200 consumer groups in more than 100 nations is called: Multiple Choice Consumers Union. Consumers International. Public Interest Research Group. Public Citizen.
Answer:
Consumer international
Explanation:
Consumer international is am organisation that have members that are consumer groups around the world.
Presently they have members of 250 consumer groups in 120 countries around the world.
The headquarters not the organisation is in London. While it has branches in Latin America, Asia Pacific, Africa, and the Middle East.
They focus on consumer protection. Ensuring that member groups get the best products at the cheapest rates
Dawson Electronic Services had revenues of $106,000 and expenses of $63,000 for the year. Its assets at the beginning of the year were $413,000. At the end of the year assets were worth $463,000. Calculate its return on assets.
Answer:Return On Assets=9.8%
Explanation:
Return On Assets =Net income/Average total assets
But
Net income=Revenues-Expenses
=$106,000 - $63,000
= $43,000
And Average total assets is given as (Beginning assets +Ending assets)/2
= ($413,000+$463000)/2=$876,000 /2
=$438,000
Therefore Return On Assets =Net income/Average total assets
= $43,000 / $438,000
=0.098 x 100
=9.8%
A__________is a customer benefit package (CBP) feature that departs from the standard CBP and is normally location specific or firm specific.
a. bottleneck
b. peripheral product
c. core product
d. variant
Answer:
d. variant
Explanation:
A variant signifies a set of attributes that is specific to the firm or location in which the firm operates.
For example, a restaurant chain operating for years that decide to entertain its guest with a live band in its new has just added a new variant to its customer benefit package.
Globalization forces small businesses to compete worldwide. The result of globalization is that operation manager (OM) or owner must do which of the following to stay competitive:
Answer:
- Making sure the cost of their asset management is as low as possible
- Maximize their product delivery
- Making sure that their price of operation is efficient
- making sure price of their product is competitive
Explanation:
Due to globalization, businesses are forced to compete on foreign markets that they might not be familiar with. In such situations, lowering cost of production while maintaining the quality of their products is the best thing that they can do to maintain a healthy profit margin. This can be done by lowering the cost that they need to make maintenance of their assets and minimizing the cost they need to acquire materials.
On top of lowering cost of production, they also need to provide better services and reasonable price range for the costumers. They need to put a good customer service call along with on time delivery to keep customers happy.
There is a zero coupon bond that sells for $4,550.90 and has a par value of $10,000. If the bond has 18 years to maturity, what is the yield to maturity'? Assume semiannual compounding.
A. 4.47%
B. 4.27%
C. 4.31%
D. 4.24%
E. 4.42%
Answer:
E. 4.42%
Explanation:
Calculation for the yield to maturity
First step is to calculate the Current price using this formula
The Current price=Par value/(1+yield to maturity/2)^(2*Time period)
$4,550.90=$10,000/(1+yield to maturity/2)^(2*18)
(1+yield to maturity/2)^36=($10,000/$4,550.90)
1+yield to maturity/2=($10,000/$4,550.90)^(1/36)
Now let calculate the yield to maturity
Yield to maturity/2=1.0221092-1
Yield to maturity=0.0221092*2
Yield to maturity=0.0442*100
Yield to maturity=4.42%
Therefore the Yield to maturity will be 4.42%
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:
I need help with the analysis part. Thank you!
Answer:
first part
Return on equity = net income / equity =
net income = total revenue - expenses = $66,500 - $42,700 (salaries) - $6,900 (utilities) - $8,000 (supplies) - $1,675 (depreciation) - $2,700 (taxes) = $4,525
equity = $153,200 (Dec. 31 balance) + $42,000 (new stocks issued) - $20,000 (treasury stocks) - $3,620 (dividends) + 17,600 (treasury stocks sold) + $4,525 (net income) = $193,705
ROE = $4,525 / $193,705 = 2.34%
The company is less profitable than other companies in the same industry.
second part
total stocks outstanding = 18,100
third part
EPS for January = $4,525 / 18,100 = $0.25
EPS for January is higher than last year's average
In the ____ and ____ stages of product life cycle, firms often set priorities on growth and/or market share
Answer:
In the introduction and early growth stages of the product life cycle, firms often set priorities on growth and/or market share
Explanation:
The next dividend payment by ASAP, Inc., will be $2.00 per share. The dividends are anticipated to maintain a 4.00% growth rate, forever. If ASAP stock currently sells for $14.75 per share, what is the required return?
Answer:
r = 0.175593 or 17.5593% rounded off to 17.56%
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D1 / (r - g)
Where,
D1 is dividend expected for the next period /year g is the growth rate r is the required rate of return
Plugging in the values for D1, P0 and g, we can calculate the value of r to be,
14.75 = 2 / (r - 0.04)
14.75 * (r - 0.04) = 2
14.75r - 0.59 = 2
14.75r = 2 + 0.59
r = 2.59 / 14.75
r = 0.175593 or 17.5593% rounded off to 17.56%
Nervous Norman holds 70% of his assets in cash, earning 0%, and 30% of his assets in an insured savings account, earning 2%. The expected return on his portfolio Group of answer choices is 1%. cannot be determined without knowing what the dollar value of his assets is. is 2%. is 0.6% is 0%.
Answer: 0.6%
Explanation:
The expected return is a weighted average of the returns of the assets invested in.
70% is invested in cash which earns 0%
30% is in a savings account earning 2%
Expected return = (70% * 0%) + (30% * 2%)
= 0% + 0.6%
= 0.6%
Disposable personal income: a. excludes transfer payments. b. includes personal income taxes. c. is income spent for personal items such as homes and cars. d. excludes personal income taxes
Answer:
d. excludes personal income taxes
Explanation:
Disposable personal income excludes personal income taxes.
A disposable income can be defined as an amount of money remaining after the deduction of income taxes, and social security fees.
Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?
a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13
Answer:
$87,878.88
Explanation:
Calculation How much do you need to earn this year
Using this formula
PV = FV/ (1 + r )^n
Where,
FV =Future Value=$100,000
PV = Present Value
r = rate of interest=6.5%
n= no of period=3 years
Let plug in the formula
PV = $100,000 / ((1 + 6.5%)^3)
PV = $82,784.91
Therefore the amount you need to earn this year will be $82,784.91
Curtis invests $700,000 in a city of Athens bond that pays 9.00 percent interest. Alternatively, Curtis could have invested the $700,000 in a bond recently issued by Initech, Incorporated that pays 11.00 percent interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 24 percent. How much implicit tax would Curtis pay on the city of Athens bond?
Answer:
$14,000
Explanation:
Calculation for How much implicit tax would Curtis pay on the city of Athens bond
Using this formula
Implicit tax=(Amount invested*Initech Interest rate)- (Amount invested* Athens bond Interest rate)
Let plug in the formula
Implicit tax=(11%*$700,000)- (9%*$700,000)
Implicit tax=$77,000-$63,000
Implicit tax=$14,000
Therefore the implicit tax that Curtis would pay on the city of Athens bond will be $14,000
What is meant by activity analysis? Give 3 criteria for determining whether an activity adds value.
Answer:
The definition is summarized below and according to the case provided.
Explanation:
The method of trying to break down another operation into comprehensive steps as well as analyzing every other component independently of someone is activity analysis.
The three criteria for deciding not just whether value addition would be an activity or behavior:
The phase must move the product towards the conclusion. The phase without complete redesign should be performed correctly the first time. The clients are concerned and will compensate for the move to be taken.Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero. The growth rate is negative. The required rate of return is greater than the growth rate. The required rate of return is more than 50%. None of the above assumptions would invalidate the model. -Select-
Answer:
e. None of the above assumptions would invalidate the model
Explanation:
Incomplete question "The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"
According to dividend discount model,
P0 = D1/(R-G)
D1 - Dividend at t =1
R - Required rate
G - Growth rate
This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.
Assume there are two countries (France and the United States) and two goods (Wine and Cheese). In France, labor productivity in Wine is 40 bottles per hour and 30 kilos per hour in Cheese. In the US, labor productivity in Wine is 12 bottles per hour and 12 kilos per hour in Cheese. Given this information, which country has the comparative advantage in Cheese
Answer:
United States
Explanation:
A comparative advantage results when a country's opportunity cost of producing good X is lower than the opportunity cost of producing good X in another country.
France
Opportunity cost of producing wine = 30/40 = 0.75 kilos of cheese
Opportunity cost of producing cheese = 40/30 = 1.33 bottles of wine
United States
Opportunity cost of producing wine = 12/12 = 1 kilo of cheese
Opportunity cost of producing cheese = 12/12 = 1 bottle of wine
France has a comparative advantage in the production of wine, and the US has a comparative advantage in the production of cheese.
Sheila and her team were able to successfully implement an IS in a hospitality organization. Match the success factors to their meanings.
increased visibility
increased efficiency
better quality
reduced cycle time
reduced process time in different areas
real-time status or availability of any process or product
faster execution of each process
high quality standards of products and processes
Answer:
Increased visibility- real-time status or availability of any process or product
increased efficiency - reduced process time in different areas
better quality- high-quality standards of products and processes
reduced cycle time-faster execution of each process
did get it right?
A part of a business's message that distinguishes it from all its competitors
is referred to as what?
A. Cultural sensitivity
B. Unique selling proposition
C. Superiority clause
D. Isolation technique
Answer:
Unique selling proposition.
Answer:b
Explanation:
Mr. Ghani wants to deposit his savings of Rs. 50,000 in a bank which offers 8% interest compounded semi-annually to withdraw Rs. 2,500 at the end of each six months from the date of deposit. How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted
Answer:
How many withdrawals will he or his heir (in case of his death) be able to make before the entire amount is exhausted is explained below in detail explanation.
Explanation:
Let the no of withdrawals be n, then
Present value of n withdrawals = 50000
Interest rate per 6 months =8%/2 =4%
Withdraw amt/(Int rate)*(1-1/(1+interest)^n) = 50000
=> 2500/0.04*(1-1/1.04^n) = 50000
1/1.04^n = 0.2
1.04^n = 5
=> n = ln(5) / ln(1.04) = 41.03
Total 41 withdrawals of Rs.2500 can be made (with a smaller 42nd installment of less than Rs.2500)
The results of unethical behavior in a business can be catastrophic, both financially and in reputation. Clearwater Electronics currently has a solid reputation as an ethical organization and wants to maintain that reputation. Top management has tasked the HR department to reinforce ethical behavior consistently throughout the company. Given that responsibility, why is it especially important for the HR professionals themselves to behave ethically?
Answer:
Throughout the description segment below the overview according to the particular instance is defined.
Explanation:
Even though HR professionals become capable just of establishing as well as maintaining a healthy work atmosphere throughout positions of responsibility, it's indeed crucial that they somehow behave responsibly. This same HR department must therefore implement professional HR activities ensuring that they're being a model citizen again for the majority including its corporation's representatives.When each additional worker hired contributes less than the previous worker hired to total output, we can say there are (is):_______
a. falling average productivity
b. diminishing marginal utility
c. diminishing average returns
d. diminishing marginal returns
Answer:
d. diminishing marginal returns
Explanation:
The diminishing marginal returns refer to a reduction in the marginal output where the value of the single factor would be rises keeping all other production factors the same or constant
Since in the question it is mentioned that for each extra worker hired that contributes would be lesser than the earlier worker hired
So this represents the diminishing marginal returns
hence, the option d is correct