At December 31, 2023 and 2024, Funk \& Noble Corporation had outstanding 800 million shares of common stock and 8 million shares of 8%,$100 par value cumulative preferred stock. No dividends were declared on either the preferred or common stock in 2023 or 2024. Net income for 2024 was $944 million. The income tax rate is 25%. Calculate earnings per share for the year ended December 31, 2024. Note: Round your answer to 2 decimal places.

Answers

Answer 1

The earnings per share for the year ended 31st December 2021 is $0.52

Net income [tex]=944,000,000[/tex]

Dividends [tex]= (8*8) $160,000[/tex]

Common Stock[tex]=800,000,000[/tex].

Investments that represent corporate equity ownership include common stock. In countries other than the US, the terms voting share, and ordinary share, are also widely used. They are referred to as equity shares as well as ordinary shares throughout the UK and other Commonwealth nations.

When trading securities on an exchange, you are most likely to come across common stock, which is the most accessible sort of share given out by a corporation. Although these shares often have voting rights, they are the last to get paid in the event of a company's bankruptcy.

Learn more about the common stocks here:

https://brainly.com/question/11453024

#SPJ4


Related Questions

when calculating net cash flow provided by operating activities using the indirect method, a decrease in accrued liabilities, such as wages and salaries payable, is subtracted from net income to include the effects of transactions that

Answers

It increase cash and decrease assets. Accrued liabilities, such as wages and salaries payable, are liabilities that have been incurred but have not yet been paid. When a company incurs these liabilities, it records them on its balance sheet as a debt that must be paid at a later date.

To calculate net cash flow provided by operating activities using the indirect method, a company starts with net income, which is the total revenue earned minus the total expenses incurred during a particular period. However, net income does not necessarily reflect the actual cash flow of the company, as it does not take into account the effects of transactions that affect cash.

Accrued liabilities, such as wages and salaries payable, are one such transaction. When a company incurs these liabilities, it must pay cash to its employees at a later date, but it does not reduce its cash balance immediately. Therefore, to accurately reflect the cash flow of the company, the effects of these transactions must be included in the calculation of net cash flow provided by operating activities.

Learn more about assets visit: brainly.com/question/27972503

#SPJ4

why did calpurnia fuss over the children so much before taking them to first purchase

Answers

Calpurnia's fussing over the children before taking them to First Purchase is an interesting aspect of Harper Lee's "To Kill a Mockingbird."

Calpurnia is the Finch family's cook and a mother figure to Jem and Scout. She takes her role very seriously, and when she takes the children to First Purchase, she wants them to be well-behaved and respectful. Additionally, she knows that they will be entering a different world than the one they are used to, and wants to prepare them for what they might encounter. Calpurnia's fussing over the children also reflects her own values. She is a devout Christian and wants the children to understand the importance of respecting God and the church. She also wants them to understand the realities of racism and segregation in the South, and how it affects the lives of African Americans.

Overall, Calpurnia's fussing over the children before taking them to First Purchase is a testament to her love and care for them, as well as her desire to impart important values and lessons to them. It also highlights the cultural and racial differences that exist in the novel, and the challenges that characters like Calpurnia face in navigating them.

To learn more about To Kill a Mockingbird, visit:

https://brainly.com/question/31402935

#SPJ11

Baker, Inc. had reported the following details for the year ended December 31, 2017:Net sales$25,450,000Total assets17,700,000Total liabilities 10,300,000The company's beginning total assets and liabilities were $14,400,000 and $9,200,000, respectively.Calculate the asset turnover ratio for 2017.A. 1.20 timesB. 2.10 timesC. 1.56 timesD. 1.59 times

Answers

The asset turnover ratio of 1.59 times indicates how efficiently Baker, Inc. used its assets to generate sales in 2017. The asset turnover ratio is calculated by dividing the net sales by the average total assets.

To calculate the average total assets, we add the beginning total assets to the ending total assets and divide by 2.

Beginning total assets = $14,400,000
Ending total assets = $17,700,000
Average total assets = ($14,400,000 + $17,700,000) / 2 = $16,050,000

Net sales = $25,450,000

Asset turnover ratio = Net sales / Average total assets
Asset turnover ratio = $25,450,000 / $16,050,000
Asset turnover ratio = 1.59 times

Therefore, the asset turnover ratio for 2017 is option D, 1.59 times.



Learn more about assets here:

brainly.com/question/14826727

#SPJ11

an example of expected monetary value would be the payoff from selecting a particular alternative when a particular state of nature occurs. group of answer choices true false

Answers

True. The expected monetary value (EMV) is a tool used in decision-making to calculate the average outcome of different alternatives, taking into account the probabilities of each outcome occurring. EMV is calculated by multiplying the probability of each possible outcome by its monetary value, then summing the results.

For example, if you are considering two options for a business decision and have estimated the monetary value of each potential outcome, you can use EMV to determine which option is most likely to yield the highest returns. By comparing the EMV of each option, you can choose the one with the highest expected value and make a more informed decision. EMV is a useful tool for evaluating the potential outcomes of different options and assessing the risks associated with each one.

To know more about expected monetary value (EMV)  visit:

https://brainly.com/question/29105670

#SPJ11

in which case can we be sure that real gdp and the price level rise in the short run?

Answers

We can be sure that real GDP and the price level rise in the short run when there is an increase in aggregate demand (AD) for goods and services in the economy.

How does this happen?

This can happen due to several factors such as an increase in government spending, a decrease in taxes, an increase in consumer confidence, or a rise in investment.

The increase in AD leads to an increase in output, which in turn leads to an increase in employment and a decrease in unemployment.

This increase in output leads to a rise in the price level due to an increase in demand for goods and services. However, this increase in the price level is usually temporary and is not sustained in the long run.

To know more on Real GDP visit:

https://brainly.com/question/28587972

#SPJ11

between 2000 and 2008, the price of oil increased from $30 per barrel to $140 per barrel, and the price of gasoline in the united states rose from about $1.50 per gallon to over $4.00 per gallon. unlike in the 1970s, when oil prices spiked, there were no long lines outside gas stations. why?in the 1970s, were in place. in the latter period, we relied on to find a that made quantity supplied and quantity demanded equal.

Answers

The reason there were no long lines outside gas stations during the period of increased oil prices from 2000 to 2008 is that we relied on market forces to find an equilibrium price that made quantity supplied and quantity demanded equal.

In the 1970s, there were government-imposed price controls in place that caused shortages and long lines outside gas stations. However, during the later period, we relied on the market to determine the price of oil and gasoline. As the price of oil increased, it became more expensive to produce gasoline, and this resulted in a decrease in the quantity supplied.

At the same time, higher prices discouraged some consumers from purchasing gasoline, resulting in a decrease in the quantity demanded. The market forces of supply and demand worked together to find an equilibrium price that made quantity supplied and quantity demanded equal, and this prevented shortages and long lines outside gas stations.
To know more about equilibrium price visit:

https://brainly.com/question/29099220

#SPJ11

Which of the following is a common mistake consumers commit when they make decisions?
A) They sometimes value fairness too much.
B) They take into account nonmonetary opportunity costs but ignore monetary costs.
C) They are overly pessimistic about their future behavior.
D) They fail to ignore sunk costs.

Answers

One common mistake consumers make when making decisions is failing to ignore sunk costs. Sunk costs refer to costs that have already been incurred and cannot be recovered, regardless of the decision made. The correct answer is d.

Consumers often make the mistake of considering these costs when making decisions, even if it does not affect the future outcome. For example, a consumer may continue to invest in a failing business because they have already invested a lot of money into it and feel that they cannot afford to lose it all. This is a mistake because the past investment cannot be undone, and the decision should be based solely on future potential outcomes.

Another mistake consumers make is valuing fairness too much. While it is important to consider fairness in decision-making, sometimes consumers place too much emphasis on it, which can lead to irrational decisions. For example, a consumer may refuse to take a higher-paying job because they feel it is unfair to their current employer. This decision may not be in their best interest financially.

Consumers may also be overly pessimistic about their future behavior. This can lead to decisions that do not align with their long-term goals. For example, a consumer may avoid investing in their retirement because they do not believe they will have the discipline to continue contributing consistently in the future.

Lastly, consumers may take into account non-monetary opportunity costs but ignore monetary costs. This occurs when consumers focus on the benefits of a decision without considering the monetary costs associated with it. For example, a consumer may purchase an expensive car because it provides status, without considering the long-term financial impact of such a purchase. In conclusion, consumers can make various mistakes when making decisions. These mistakes can lead to irrational and financially detrimental outcomes. It is important for consumers to be aware of these common mistakes and take steps to avoid them.

To know more about Sunk Costs visit:

https://brainly.com/question/30637355

#SPJ11

2. Name the three best accommodation option after doing research online and motivate your answer

Answers

The three best accommodation options are Airbnb, Booking.com, and Expedia due to their wide range of choices, user-friendly interfaces, and affordable prices.

After conducting thorough research online, it is evident that Airbnb, Booking.com, and Expedia are the three best accommodation options available. Airbnb offers a unique and personalized experience with a wide range of accommodations such as apartments, villas, and even treehouses.

Booking.com offers a user-friendly interface and has a vast selection of hotels, apartments, and vacation rentals at affordable prices. Expedia also has a user-friendly interface and offers a variety of accommodation options ranging from budget-friendly to luxury hotels.

Additionally, all three platforms have reliable customer support and provide easy booking processes. Therefore, whether one is traveling solo, with family, or on a budget, these three accommodation options offer the best choices, affordability, and convenience for all travelers.

Learn more about Expedia here:

https://brainly.com/question/7162244

#SPJ11

it is critical for entrepreneurs to set aside time to work undisturbed. group of answer choices true false

Answers

It is true that it is critical for entrepreneurs to set aside time to work undisturbed.

This is because, in entrepreneurship, there are a lot of tasks and responsibilities that require undivided attention and focus. By setting aside dedicated time to work undisturbed, entrepreneurs can be more productive and efficient in completing their tasks. This can also help them avoid burnout and maintain a healthy work-life balance.

In the long run, prioritizing undisturbed work time can contribute to the success and growth of their business. It is critical for entrepreneurs to set aside time to work undisturbed.

Setting aside undisturbed time is essential for entrepreneurs because:

1. It allows them to focus on important tasks and make significant progress without distractions.

2. Undisturbed time helps to improve overall productivity and efficiency.

3. It provides an opportunity for entrepreneurs to think creatively and develop innovative solutions.

4. Undisturbed time can also help reduce stress and burnout, which is crucial for maintaining a healthy work-life balance.

Learn more about entrepreneurship

https://brainly.com/question/29978330

#SPJ11

a project to build a new playground near an elementary school has been approved by the city council, and funds have been set aside for the project. the land for the playground was previously a vacant lot and has been donated to the city by its owner. this initiative will affect a number of stakeholders and stakeholder groups. which of the individuals or groups listed below would not be a project stakeholder for the playground? g

Answers

The information you provided regarding the playground project is helpful, but the list of individuals or groups to determine which would not be a project stakeholder was not included in your question. Please provide the list of individuals or groups, and I will be happy to help identify which one would not be a project stakeholder for the playground.

In this scenario, the stakeholders for the playground project would include the elementary school students, teachers, parents, and the city council who approved the project and allocated funds for it. Other stakeholders may include the local community, nearby businesses, and potential users of the playground such as children from neighboring areas. However, it is difficult to determine which individuals or groups would not be stakeholders without a more comprehensive understanding of the project's scope and impact. It is possible that individuals or groups who are not directly affected by the playground, such as residents living further away from the school, may not be considered stakeholders. Nonetheless, it is important for project managers to identify and engage with all potential stakeholders to ensure that their concerns and interests are taken into consideration during the planning and implementation phases.

To know more about playground project.  visit:

https://brainly.com/question/22672448

#SPJ11
 

longstreet inc. has fixed operating costs of $670,000, variable costs of $2.75 per unit produced, and its product sells for $3.95 per unit. what is the company's break-even point, i.e., at what unit sales volume would income equal costs? a. 558,333 b. 491,333

Answers

The company's break-even point is 558,333 units. Answer: A. 558,333

To find the break-even point, we need to determine at what unit sales volume the total revenue will equal the total cost. Let's assume that the number of units produced and sold is "x". The total cost can be calculated as: Total cost = Fixed operating costs + Variable costs Total cost = $670,000 + ($2.75 * x) The total revenue can be calculated as: Total revenue = Selling price per unit * Number of units sold Total revenue = $3.95 * x At the break-even point, the total revenue will equal the total cost.

So, we can set the two equations equal to each other and solve for "x": $3.95 * x = $670,000 + ($2.75 * x) $1.20 * x = $670,000 x = $670,000 / $1.20 x = 558,333.33 Therefore, the company's break-even point is 558,333 units. Answer: A. 558,333

Learn more about fixed operating costs here:https://brainly.com/question/15183833

#SPJ11

Which of the following is an example of commodity money? a Gold coins used in historical times. b The British poundsterling used in Great Britain. c The Canadian dollar used in Canada. d The US Dollar used in the United States.

Answers

Explanation:

A. Gold coins used in historical times.

a proxy is a document that gives a designated agent the right to vote a shareholder's stock. T/F

Answers

True.  A proxy is a document that authorizes a designated agent, such as a proxy solicitor, to vote on behalf of a shareholder at a company's annual meeting or other special meetings.

The designated agent, known as a proxy holder, is given the authority to vote the shareholder's stock as specified in the proxy document. Proxies are commonly used when a shareholder is unable to attend a meeting in person or wishes to delegate the voting of their shares to someone else. The proxy document specifies the issues that will be voted on at the meeting and instructs the proxy holder on how to vote on those issues.

Learn more about shareholder here:

https://brainly.com/question/31687599

#SPJ11

describe the process of how a film or television project originates at a studio and the role key studio departments play in connection therewith.

Answers

The process of how a film or television project originates at a studio typically begins with an idea from a producer, writer, or director.

The idea is then pitched to a studio executive, who evaluates the potential of the project and decides whether to move forward. If the project is greenlit, it moves into development, during which the script is written, the budget is established, and key talent is attached.

Once the project is fully developed, it moves into production, during which key studio departments play an essential role. The production department manages the logistics of filming or recording the project, including scheduling, budgeting, and location scouting. The marketing department develops strategies for promoting the project to audiences, including creating trailers, posters, and other materials. The distribution department manages the release of the project, including deciding when and where it will be shown and negotiating deals with exhibitors.

Throughout the process, the legal and business affairs departments play a critical role in ensuring that the project adheres to all legal and contractual obligations. The finance department is also involved, managing the budget and ensuring that the project remains financially viable.

Ultimately, the success of a film or television project depends on the collaborative efforts of all these key studio departments.

To know more about Film related question visit:

https://brainly.com/question/23124022

#SPJ11

How can "Investing time at the front end" help prevent behavioral problems?

Answers

Investing time at the front end is crucial for preventing behavioral problems in individuals. This approach involves putting in the effort and time to identify potential problems and addressing them before they escalate into behavioral issues.

By investing in early intervention, individuals can learn to cope with difficulties and develop positive behavior patterns, which ultimately reduces the likelihood of problematic behaviors. For example, investing time at the front end can involve working with children to establish clear expectations and boundaries, teaching them problem-solving skills, and helping them to develop positive communication skills.

This approach can also involve identifying potential triggers for problem behaviors and creating strategies to manage them. Additionally, investing time at the front end can help individuals to develop a sense of self-awareness and self-regulation.

This includes identifying emotions, learning coping mechanisms, and recognizing the impact of their behavior on others. By empowering individuals to take responsibility for their actions and emotions, they become better equipped to manage their behavior and prevent problematic patterns from emerging.

In conclusion, investing time at the front end is an essential strategy for preventing behavioral problems. By identifying potential issues early on and addressing them proactively, individuals can develop positive behavior patterns, enhance their self-awareness and self-regulation skills, and ultimately reduce the likelihood of problematic behaviors.

Learn more about behavioral problems:

brainly.com/question/30037082

#SPJ11

suppose that jamie's jams has annual sales of $900,000; cost of goods sold of $600,000; average inventories of $11,000; average accounts receivable of $50,000; and an average accounts payable balance of $30,000. assuming that all of jamie's sales are on credit, what will be the firm's cash cycle? multiple choice 45.22 18.25 8.72 26.97

Answers

Based on the calculations below, Jamie's Jams has a cash cycle of approximately 8.71 days, which closely matches the multiple-choice option 8.72 days.

To calculate the cash cycle for Jamie's Jams, we need to determine the operating cycle and the payables deferral period. The operating cycle is the sum of the inventory conversion period (ICP) and the receivables conversion period (RCP), while the payables deferral period (PDP) represents the time it takes to pay suppliers.

The cash cycle can be found by subtracting the PDP from the operating cycle.
Calculate the Inventory Conversion Period (ICP):
ICP = (Average Inventory / Cost of Goods Sold) x 365
ICP = ($11,000 / $600,000) x 365 ≈ 6.68 days

Calculate the Receivables Conversion Period (RCP):
RCP = (Average Accounts Receivable / Annual Credit Sales) x 365
RCP = ($50,000 / $900,000) x 365 ≈ 20.28 days

Calculate the Payables Deferral Period (PDP):
PDP = (Average Accounts Payable / Cost of Goods Sold) x 365
PDP = ($30,000 / $600,000) x 365 ≈ 18.25 days

Calculate the Cash Cycle:
Cash Cycle = Operating Cycle - PDP
Cash Cycle = (ICP + RCP) - PDP
Cash Cycle = (6.68 + 20.28) - 18.25 ≈ 8.71

Learn more about cash cycle:

brainly.com/question/29493883

#SPJ11

axl will be borrowing $200,000 today to buy a house, and he will pay it back with 30 yearly payments starting one year from today. if the effective annual interest rate is 13%, how much will the final payment be if the annual payments are constant?

Answers

The final payment for Axl's house loan can be calculated using the formula for the present value of an annuity due.

Step 1: Calculate the annual payment amount

To calculate the annual payment amount, we need to use the present value of an annuity formula:

PMT = PV x (r / (1 - (1 + r)^(-n)))

Where:

PMT = payment amount
PV = present value of the loan (in this case, $200,000)
r = effective annual interest rate (13% or 0.13)
n = number of payments (30)

Plugging in the values, we get:

PMT = 200,000 x (0.13 / (1 - (1 + 0.13)^(-30)))

PMT = $24,447.91

So Axl's annual payment will be $24,447.91.

Step 2: Calculate the final payment amount

Since the payments are constant, we can use the formula for the future value of an annuity due to calculating the final payment:

FV = PMT x ((1 + r)^n - 1) / r

Where:

FV = future value of the annuity (in this case, the final payment)
PMT = payment amount ($24,447.91)
r = effective annual interest rate (13% or 0.13)
n = number of payments (30)

Plugging in the values, we get:

FV = 24,447.91 x ((1 + 0.13)^30 - 1) / 0.13

FV = $1,249,278.69

Therefore, the final payment for Axl's house loan will be $1,249,278.69.

Learn more about annual interest rate: https://brainly.com/question/22336059

#SPJ11

a functioning mrp system is required prior to adopting lean planning and control systems. true or false?

Answers

True.

A functioning Material Requirements Planning (MRP) system is essential prior to implementing Lean planning and control systems. MRP helps organizations determine the exact materials needed for production, the quantities required, and when they are needed. This information is then used to create a production schedule, and any excess inventory or waste is reduced. Implementing Lean planning and control systems, on the other hand, involves eliminating waste, increasing efficiency, and improving the overall value stream. Without a functioning MRP system in place, it would be difficult to create a lean production process since materials and inventory levels would be difficult to track. Therefore, having an accurate and functional MRP system is a critical first step to implementing effective Lean planning and control systems.

To know more about control system visit:

https://brainly.com/question/31452507

#SPJ11

Low _____ on a constant height chart corresponds to low _____ on a constant pressure chart.
Question options:
a. pressures, pressures
b. pressures, heights
c. heights, pressures
d. heights, heights

Answers

The correct answer is option C: heights, pressures. A constant height chart represents the height above sea level, whereas a constant pressure chart represents the atmospheric pressure at different altitudes.

\

As you move higher in altitude, the pressure decreases due to the decreasing weight of the air above you. Therefore, a low height on a constant height chart corresponds to a high altitude, which means that the pressure is low at that point. Similarly, a high height on a constant height chart corresponds to a low altitude, which means that the pressure is high at that point. Understanding these relationships between pressure and altitude is important in meteorology, as it helps forecasters to predict weather patterns and changes in atmospheric conditions.

To know more about atmospheric pressure visit:-

https://brainly.com/question/31634228

#SPJ11

what is the interest rate offered by banks to only their most creditworthy commercial customers?

Answers

The interest rate offered by banks to only their most creditworthy commercial customers is known as the prime rate. This rate is typically offered to corporations and businesses that have a strong credit history and are considered to be low-risk borrowers.

The prime rate is set by each individual bank and is often used as a benchmark for other loan and credit products. The prime rate is typically a variable rate, meaning it can fluctuate based on changes in the overall economy. When the economy is strong and there is a high demand for credit, the prime rate may increase. Conversely, during times of economic uncertainty, the prime rate may decrease.

It is important to note that not all commercial customers will be eligible for the prime rate. Banks will typically evaluate a company's creditworthiness based on a number of factors, including their financial statements, credit score, and overall business performance.

Overall, the prime rate is an important tool for banks to manage their lending risks and to attract creditworthy commercial customers. While the exact rate may vary from bank to bank, it is typically seen as a reliable benchmark for businesses looking to secure low-cost financing.

To know more about Prime Rate visit:

https://brainly.com/question/28791266

#SPJ11

pascal wants to buy a new car that is of good quality and available at an affordable price. after exploring the available options, pascal decides to purchase a car made by a popular car manufacturer, which has a high retail price but offers very low operating and maintenance costs. in this scenario, the pricing strategy employed by the car manufacturer is

Answers

Pascal wants to buy a new car that is of good quality and available at an affordable price. In this scenario, the pricing strategy employed by the car manufacturer is known as the "Value-based pricing strategy."

This pricing strategy is used when a company sets its product's price based on the perceived value it provides to the customers, rather than solely on production costs or competitor prices. The car manufacturer in this case offers a high-quality car with a high retail price, but the low operating and maintenance costs make it a more valuable option for Pascal in the long run.

This approach allows companies to differentiate their products by emphasizing the long-term value and benefits to customers, ultimately helping them make informed purchasing decisions based on their needs and preferences.

In summary, the pricing strategy employed by the car manufacturer in Pascal's situation is value-based pricing, as it focuses on the overall value of the product rather than just its initial price. This strategy enables Pascal to invest in a high-quality car with low operating and maintenance costs, making it a more affordable and attractive option in the long run.

Know more about Value-based pricing strategy here:

https://brainly.com/question/14523997

#SPJ11

orange, an online-gaming site, has millions of users. the site has many games which pit users against each other. the relative standing of each user is presented in the form of an elaborate ranking system for each game. users pride themselves on gaining the highest points and the highest rank possible. this rise in user participation has increased the value of orange significantly. this is an example of . guerilla marketing network effects monopolistic competition internal marketing

Answers

This is an example of network effects. Orange, an online-gaming site, has become valuable due to its large user base, and the ranking system adds to the network effect by encouraging users to compete against each other to improve their standing.

As more users join and compete, the value of the site increases further, creating a positive feedback loop. Network effects refer to the phenomenon where a product or service becomes more valuable as more people use it. This can be seen in Orange's online-gaming site, where the ranking system encourages users to compete with each other, and the large user base makes the competition more exciting. As more users join and compete, the value of the site increases, attracting even more users, and creating a positive feedback loop. Therefore, this is an excellent example of how network effects can drive the growth of a product or service.

Learn more about network here

https://brainly.com/question/28342757

#SPJ11

what happens when the fourth iteration of the data step is complete?

Answers

When the fourth iteration of the data step is complete, the program will have gone through the dataset four times and processed any actions specified in the data step.

What does it entail?

Depending on what those actions were, the program may have created new variables, filtered or sorted the data, or performed calculations.

At the end of the fourth iteration, the program will have a final dataset that reflects all the changes made during the four iterations.

This final dataset can be saved, printed, or used as input for further processing or analysis.

It is important to note that the number of iterations in a data step can be adjusted based on the needs of the program and the size of the dataset being processed.

To know more on Iteration visit:

https://brainly.com/question/14969794

#SPJ11

the following data are available relating to the performance of burke fund and the market portfolio: burke market portfolio average return 18% 14% standard deviations of returns 30% 22% beta 1.4 1.0 residual standard deviation 4.0% 0.0% the risk-free return during the sample period was 6%. calculate the m2 measure for the burke fund. multiple choice 4.00% 0.40% 2.86% 0.80%

Answers

The M2 measure shows that the Burke Fund outperformed the market portfolio by 0.8% after adjusting for its higher risk. Here option D is the correct answer.

The M2 measure is a performance evaluation tool that compares a fund's returns to those of a benchmark adjusted for the fund's risk. In this case, the benchmark is the market portfolio, and the risk adjustment is done by using the beta coefficient.

The formula for the M2 measure is:

M2 = (Fund's return - Risk-free rate) - Beta x (Benchmark return - Risk-free rate)

Substituting the given values, we get:

Burke Fund's return = 18%

Market Portfolio return = 14%

Beta of Burke Fund = 1.4

Residual Standard deviation of Burke Fund = 4.0%

Risk-free rate = 6%

Using the formula above, we can calculate the M2 measure for the Burke Fund as follows:

M2 = (18% - 6%) - 1.4 x (14% - 6%)

M2 = 12% - 1.4 x 8%

M2 = 12% - 11.2%

M2 = 0.8%

This means that the Burke Fund outperformed the market portfolio by 0.8% after adjusting for its higher risk (as measured by its beta coefficient). However, it is important to note that the M2 measure is just one way of evaluating a fund's performance and should be considered alongside other measures such as alpha, Sharpe ratio, and information ratio.

To learn more about the market portfolio

https://brainly.com/question/28965202

#SPJ4

Complete question:

The following data are available relating to the performance of burke fund and the market portfolio: burke market portfolio average return 18% 14% standard deviations of returns 30% 22% beta 1.4 1.0 residual standard deviation 4.0% 0.0% the risk-free return during the sample period was 6%. calculate the m2 measure for the burke fund. multiple choice

A - 4.00%

B - 0.40%

C - 2.86%

D - 0.80%

which of the following best describes the difference between an intrapreneur and an entrepreneur?

Answers

Intrapreneurs work within existing corporations while entrepreneurs assume the risks of starting their own business.

News articles regarding entrepreneurship, small business management, and business are featured in the American magazine and website Entrepreneur. 1977 saw the debut of the magazine. With its main office in Irvine, California, Entrepreneur Media Inc. publishes it.

The best handbook for budding entrepreneurs, small business owners, and C-suite executives alike is Entrepreneur. This journal has been a stalwart in the business world since 1977, with a focus on innovation and influencers.

The tales of common people who, through intrapreneurship, have accomplished incredible things. We are all familiar with well-known businesspeople like Jeff Bezos, Richard Branson, Elon Musk, Steve Jobs, and others.

Learn more about Entrepreneur here:

https://brainly.com/question/31010585

#SPJ1

in some instances, risk is acknowledged as being part of an organization’s business process. (True or False)

Answers

The statement "  in some instances, risk is acknowledged as being part of an organization's business process. " is true as it is impossible for an organization to make decisions without considering the potential risks and their potential impact on the organization's goals and objectives.  

Organizations often face various risks, such as financial, operational, or strategic, while conducting their daily operations. Acknowledging and managing these risks is crucial for the success and growth of an organization. Proper risk management enables organizations to minimize potential losses and seize opportunities that may arise.

In summary, risk is an inherent part of an organization's business process, and acknowledging it allows for better decision-making and overall performance.

To know more about risk refer here:

https://brainly.com/question/27754423#

#SPJ11

cobb, an unmarried individual, had an adjusted gross income of $200,000 in the current year before any ira deduction, taxable social security benefits, or passive activity losses. cobb incurred a loss of $30,000 in the current year from rental real estate in which he actively participated. what amount of loss attributable to this rental real estate can be used in the current year as an offset against income from nonpassive sources?

Answers

The amount of loss attributable to the rental real estate that can be used in the current year as an offset against income from nonpassive sources is limited by the passive activity loss rules.


Under the passive activity loss rules, losses from rental real estate activities in which the taxpayer actively participates are generally treated as passive losses. These losses can only be used to offset income from other passive activities or carried forward to future years.

However, there is an exception to this rule for taxpayers with adjusted gross income below a certain threshold. For the current tax year, if the taxpayer's adjusted gross income is less than $150,000, up to $25,000 of losses from rental real estate activities in which the taxpayer actively participates can be used to offset income from nonpassive sources.

In this case, Cobb's adjusted gross income is $200,000, which exceeds the threshold for this exception. Therefore, the full amount of the $30,000 loss from rental real estate can only be used to offset income from other passive activities or carried forward to future years.

Learn more about gross income: https://brainly.com/question/547727

#SPJ11

earnings per share is a measure of earnings for preferred and common stock shareholders on a per company basis true false

Answers

The given statement, "Earnings per share is a measure of earnings for preferred and common stock shareholders on a per company basis" is true as shareholders can earn whatever share they invested in.

Earnings per share (EPS) is calculated by dividing a company's profit by the total number of remaining shares of the company's common stock. The resulting number is used for examining the revenue of a business.

An effective price per share (EPS) measure indicates how much profit a company generates for each and every share of its share. A greater earnings per share indicates more value since shareholders would pay better for a company's common stock if they considered it had greater profits than its share price. What constitutes a decent EPS will vary depending on a number of variables, including the company's most recent performance, that of its rivals, and the forecasts of stock market experts.

Learn more about Common Stock here:

https://brainly.com/question/29724384

#SPJ4

Sally is a subagent working for Seller Pat. What does Sally owe to Buyer Brad?
a) Honesty and fair dealing
b) Confidentiality
c) Advice on negotiations
d) Information about Pat's motivation to sell

Answers

As a subagent working for Seller Pat, Sally's primary duty and loyalty lie with the seller.

Therefore, Sally does not owe the same obligations to Buyer Brad as she does to Seller Pat. While it is important for Sally to act honestly and fairly in her dealings with all parties involved, including Buyer Brad, her fiduciary duty is primarily towards Seller Pat.

Therefore, the most accurate answer is d) Information about Pat's motivation to sell. Sally owes Buyer Brad the duty to disclose any material information about the property being sold, such as its condition, but she is not obligated to provide information about Pat's motivations or intentions unless specifically authorized by Seller Pat.

It's important to note that real estate agency relationships and legal obligations can vary by jurisdiction, so it's always advisable to consult local laws and regulations for specific guidelines and requirements.

Learn more about Subagent here -: brainly.com/question/30048061

#SPJ11

zehra invested in cameron corporation stock when the firm was financed solely with equity. the firm now has a debt-equity ratio of .4. to maintain her original level of leverage, zehra must:

Answers

To maintain her original level of leverage, Zehra must sell a portion of her Cameron Corporation stock and use the proceeds to purchase additional shares, thus keeping her investment in the firm proportional to its debt-equity ratio.

This is because the debt-equity ratio represents the proportion of a company's financing that comes from debt versus equity, and as the company takes on more debt, the equity portion becomes a smaller proportion of the total financing.

In this case, if Zehra did not adjust her investment in response to the change in the debt-equity ratio, her investment would become disproportionately weighted towards equity, which could potentially expose her to greater risk in the event of a downturn.

By selling a portion of her shares and purchasing additional ones, Zehra can maintain her original level of leverage and reduce her exposure to risk.

To know more about debt-equity ratio visit:

https://brainly.com/question/28391877

#SPJ11

Other Questions
How do absorbances of the same wavelength in different pigments interact with each other in the absorption spectrum? a mass of 0.40 kg, hanging from a spring with a spring constant of 75.0 n/m, is set into an up-and-down simple harmonic motion. what is the speed of the mass when moving through the equilibrium point? the starting displacement from equilibrium is 0.20 m. carlos is a leader in his organization. while carlos may do all of these activities, one of them is more representative of a manager rather than a leader. which one? A retail chain will buy 800 televisions if the price is $350 each and 1200 if the price is $300 each.A wholesaler will supply 700 of these televisions at $280 each and 1400 at $385 each. The table shows the possible outcomes of spinning a fair spinner twice with sections labeled A, B, C, and D. PLEASE HELP!!!! I NEED THIS ANSWERED BY TODAY! WILL MARK BRAINLIEST! By the end of the 19th century, much of the world had been colonized or settled in some way by Western Europe. The European powers were torn apart by their own wars, however, during the first half of the 20th century. With their colonial occupiers weakened, people in Africa and Asia began to push back against imperialism.The result was a widespread and successful movement for freedom and independence. Political independence is not always followed immediately by economic independence, though. Many former colonies struggled to set up societies that were fair and just and also provided the tools and infrastructure to ensure individual economic success.What role did (does) colonialism play in preventing the success of former colonies? What long-term impacts of colonization continue to challenge African and Asian nations that are fighting for independence in every sense of the word? a solenoid has 21 turns per centimeter of its length. the solenoid is twisted into a circle so that it becomes shaped like a toroid. what is the magnetic field at the center of each turn of the toroid? the current is 29 ma . R whale: right whaleS whale: Sperm whale mary ainsworth concluded that the quality of infant attachments can be determined by looking at: in muzafer sherif's robber's cave experiment, _______________ led to cooperation. A professor was ill-prepared for a lecture and, as a result, became anxious while giving the lecture. The next day, the professor walked into the classroom and experienced anxiety. In this scenario, the Conditioned Stimulus (CS) is: the balance of cash reported in the balance sheet of the most current year minus the amount of cash reported in the balance sheet of the previous year is equal to group of answer choices net income. net cash flows from operating activities only. net cash flows from operating, investing, and financing activities. comprehensive income. kim bought some fireworks to shoot off on the 4th of july. she noticed several different powders mixed together in the tube. as the fireworks were ignited, what evidence best indicates a chemical reaction had occurred? How does the amount of vitamin C in each type of juice compare? Complete the statementOne serving of tomatojuice has? mg more vitamin C per servingthan one serving of ?KCjuice.DONED letter to mayor requesting to involve the representatives of children in decison making process related to children issues in your municipality clicker game creating in code.org (PLEASE HELP FAST!!!) children who are regularly touched develop stronger immune systems than those who are not.T/F abc home improvement supplies, inc. sells ironton 72 inch digging bars. the annual demand for the digging bars is estimated to be 5000 bars. the ordering cost is $60 per order and the carrying cost is 20% of the unit price paid. its supplier offers quantity discounts as shown in the following table order quantity unit price up to 499 $25 500 up to 999 $24 1000 and more $23 if abc is willing to pay a unit price of $25.00, determine the economic order quantity (eoq) 385 361 354 346 none of the above what should a nurse consider when planning care for a client who is using ritualistic behavior? true or false a credit-card company must send monthly bills to cardholders twenty-one days before the due date.