Answer: c. Yolanda missed four weeks of work because she broke her wrist.
Explanation:
The current Coronavirus pandemic has led to many shutdowns and quarantines for countries around the world including some areas in the United States.
For this reason, there is a credit for paid leave for events related to Covd-19 which is why Gillian, Oscar and Rodney will be eligible for paid leave credit. Yolanda however, broke her wrist and this is not coronavirus related so standard rules will apply and she will not be eligible for paid leave credit.
The section of a loan agreement that describes circumstances in which the creditor obtains additional rights is called th
Question Completion:
The section of a loan agreement that describes circumstances in which the creditor obtains additional rights is called the ______section.
a. events of compliance
b. certificate of compliance
c. events of termination
d. events of default
Answer:
The section of a loan agreement that describes circumstances in which the creditor obtains additional rights is called the ______section.
d. events of default
Explanation:
In loan covenants, an event of default is the meeting of some specified conditions or thresholds that allow the lender or creditor to demand immediate and full repayment of a debt or meeting of an obligation. Events of default may relate to delinquent payment, breach or insolvency, etc. As a breach of a contract, an event of default is a serious failure on the borrower to observe a provision of the contract. This leads to the lender calling for the termination of the contract.
Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets were $210,000. The firm's total-debt-to-total-assets ratio was 55%. Based on the DuPont equation, what was Vaughn's ROE
Answer:
18.85%
Explanation:
The computation of ROE is seen below
Total asset turnover = Sales ÷ Total assets
= 315,000 ÷ 210,000
= 1.5
Debt to total asset = Debt ÷ Total assets
= 55% × 210,000
= $115,500
Total assets = Total liabilities + Total equity
Total equity = $210,000 - $115,000 = $94,500
Equity multiplier = Total asset ÷ Equity
= 210,000 ÷ 94,500
= 2.222
Profit margin = Net income ÷ Sales
= $17,832 ÷ $315,000
= 5.66%
Therefore
Return on equity = Profit margin × Total asst turnover × Equity multiplier
= 5.66% × 2.22 × 1.5
= 18.85%
Tablets and smartphones are not considered computers.
A.
True
B.
False
Answer:
B) False
Explanation:
The device your using is considered a computer, your phone s also a computer. A computer’s definition is a machine that carry’s out tasks and a smartphone or a tablet carries out tasks, you type in the letter “a” thts a task for the computer
Tablets and smartphones are not considered computers. The given statement is true. Indeed, computers are considered to include smartphones and tablets. In reality, a computer is any apparatus that receives input from a user, processes that input into calculations, and then outputs the results to the user.
What is considered a computer?
An information processing and storing device is a computer. To perform tasks like data storage, algorithm computation, and information display, the majority of computers rely on a binary system, which uses the two variables 0 and 1.
Having a touchscreen interface, a tablet is a wireless, mobile personal computer. A typical tablet has a larger form factor than a smartphone but is smaller than a notebook computer. Alan Kay of Xerox, who drew up the concept in 1971, is generally credited with the invention of tablet computing.
An actual handheld computer is what a mobile device is. The term "mobile device" implies wireless communications and general computing capabilities, despite the fact that it may seem to apply to any electronic device that is small enough to be carried around.
Thus, the mentioned above statement is true.
Learn more about Tablets and smartphones here:
https://brainly.com/question/14276718
#SPJ2
or a market to exist: Multiple Choice government must guarantee equal treatment for all. individuals must be concerned with the social good. everyone must have identical wants and desires. private property rights must be allocated and defended by government.
Answer:
D. private property rights must be allocated and defended by government.
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
Also, a competitive market is a type of market that comprises of numerous producers who compete with each other so as to satisfy or meet the material needs and wants of consumers at a specific period of time.
Hence, for a market to exist, private property rights must be allocated and defended by government.
This ultimately implies that, when the ownership of resources are well defined and markets are competitive, all benefits from trade between the consumers and producers of goods and services has been maximized, and each units creating more benefit to the consumers than cost have been produced in the economy.
HELP HELP HELP 10 POINTS HURRY ASP AHHH
On January 1, 2018, Friendly Farm Company purchased a new machine at a cost of $350,000. The machine has an estimated useful life of 4 years or 100,000 hours and residual value of $30,000. The machine will be used 30,000 hours in year one, 40,000 hours in year two, 20,000 hours in year 3, and 10,000 hours in year 4. Requirements: Prepare a depreciation schedule using each of the three methods: Straight line, Units of Production, and Double Declining Balance.
Answer:
Friendly Farm Company
Schedule of Straight-line, Units of Production, and Double Declining Balance:
Straight-line Units of Production Double Declining
Year 1 Book value $350,000 $350,000 $350,000
Depreciation Exp. $80,000 $96,000 (30,000*$3.20) $175,000
Year 2 Book value $270,000 $254,000 $175,000
Depreciation Exp. $80,000 128,000 (40,000*$3.20) 87,500
Year 3 Book value $190,000 $126,000 $87,500
Depreciation Exp. $80,000 64,000 (20,000*$3.20) 43,750
Year 4 Book value $110,000 $62,000 $43,750
Depreciation Exp. 80,000 32,000 (10,000*$3.20) $13,750
Residual value $30,000 $30,000 $30,000
Explanation:
a) Data and Calculations:
Cost of new machine = $350,000
Estimated useful life = 4 years or 100,000 hours
Residual value = $30,000
Usage of machine:
Year 1 = 30,000 hours
Year 2 = 40,000 hours
Year 3 = 20,000 hours
Year 4 = 10,000 hours
Units of Production = $320,000/100,000 = $3.20 per unit
Depreciable amount = $320,000 ($350,000 - $30,000)
Straight-line method, Depreciation per year = $80,000 ($320,000)
= 25% (100/4).
Depreciation expense, using Double-Declining Balance rate = 25% * 2 = 50%:
Year 1 = $350,000 * 50% = $175,000
Year 2 = $175,000 * 50% = $87,500
Year 3 = $87,500 * 50% = $43,750
Year 4 = $13,750 ($43,750 - $30,000)
b) These different methods still arrive at the same end result as shown above. Note that depreciation is an accounting estimate which spreads the cost of an acquired long-term asset over its useful life.
ZEN Inc. is financed by 3 million shares of common stock and by $5 million face value of 8% convertible debt maturing in 2026. Each bond has a face value of $1,000 and a conversion ratio of 200. What is the value of each convertible bond at maturity if ZEN's net assets are: $30 million
Answer:
The value of each convertible bond at maturity if ZEN's net assets are: $30 million is $1,500 per convertible bond.
Explanation:
First, We need to calculate the Numer so Convertible bonds using following formula
Numbers of Bonds = Total face value of convertible bonds / Face value of on bond
Where
Total face value of convertible bonds = $5,000,000
Face value of on bond = $1,000
Placing values in the formula
Numbers of Bonds = $5,000,000 / $1,000
Numbers of Bonds = 5,000 bonds
Now calculate the total Numbers of convertible shares
Numbers of Convertible shares = Numbers of convertible bonds x Convertible shares against each bond
Numbers of Convertible shares = 5,000 bonds x 200 shares per bond
Numbers of Convertible shares = 1,000,000 shares
Now calculate the total numbers of shares after conversion
Total Numbers of shares after conversion = Existing shares + Convertible shares
Total Numbers of shares after conversion = 3,000,000 shares + 1,000,000 shares
Total Numbers of shares after conversion = 4,000,000 shares
Now calculate the value of each bond if the net asset value is $30 million
Value of Bond = ( Net Asset / Total Numbers of shares after conversion ) x Numbers of convertible shares against each bond
Value of Bond = ( $30,000,000 / 4,000,0000 shares ) x 200 shares per bond
Value of Bond = $1,500 per bond
10. Which of the following is NOT considered to be a line cook?
A. Pastry chef
B. Grill cook
C. Sous chef
D. Sauté chef
Answer:
C. Sous chef. Hope this helps!
What is the yield to maturity of a one-year zero-coupon bond with a $10,000 face value and a price of $9400
Answer:
6.383%
Explanation:
Calculation for the What is the yield to maturity
Using this formula
YTM=n√Face value/Bond price -1
Where,
n=one-year
Face value=10,000
Bond price=9,400
Let plug in the formula
YTM=1√10,000/9,400−1
YTM=1.06383-1
YTM=0.06383*100
YTM=6.383%
Therefore the yield to maturity will be 6.383%
You are given the following information:Expected return on stock A12%Expected return on stock B20%Standard deviation of returns:stock A1.0stock B6.0Correlation coefficient of the returns on stocks A and B1.2 a)What are the expected returns and standard deviations of a portfolio consisting of:1.100 percent in stock A
Answer and Explanation:
The computation of the expected return and standard deviation when there is 100% in stock A is shown below:
Expected return is
= 0.12 × 100
= 12%
And, the standard deviation of the portfolio is
= √1^2 + √1^2
= 1
Hence, the same is relevant
Assume the price elasticity of demand (Ed) is 0.4 for gasoline in the long run. Some argue that we need a 50% reduction in gasoline consumption to be sustainable. What percentage price increase would reach that goal of 50% reduction in consumption
Answer:
125%
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Let x = percentage change in price
o.4 = 50 / x
x = 125
Planes frequently push back from the gate on time but then wait 2 feet from the gate until it is time to queue up for takeoff. This increases fuel consumption and increases the time that passengers must sit in a cramped plane awaiting takeoff.
Which of the following performance metrics would, if emphasized in evaluations, incentivize airlines to engage in such practices?
a. A performance metric that measures customer satisfaction, based on customer comfort while on the plane
b. A performance metric that measures timeliness of the flight, where a flight is considered "on time" as long as the flight is boarded and away from the gate by the scheduled departure time
c. A performance metric that measures timeliness of the flight, where a flight is considered "on time" as long as the plane takes off by the scheduled departure time.
Answer:
b. A performance metric that measures timeliness of the flight, where a flight is considered "on time" as long as the flight is boarded and away from the gate by the scheduled departure time
Explanation:
We are told that airplanes make a mock depart by exiting the boarding gates, but they stay on the runway for long periods of time. This is due to the fact that airlines measure which planes are on time based on the moment that they left the boarding gate, not when they actually lift into the air. it happened to me once and it was extremely unpleasant to just sit without moving for more than one hour. I doubt any passenger likes these type of situations.
Raymond Co. has $3.9 million of debt, $2 million of preferred stock, and $3.3 million of common equity. What would be its weight on common equity? 0.20 0.36 0.24 0.42
Answer:Weight of common Equity=0.36
Explanation:
Total Shareholders amount= Debt+ Preferred stock+common Equity
=3.9+2.0 +3.3 = 9.2 million
Weight of common Equity is therefore = Common Equity / Total Shareholders Fund
Weight of common Equity = 3.3millon/ 9.2million
=0.358
=0.36
At the beginning of a recent year, JetBlue's assets were $5,598 million and its equity was $1,036 million. During the year, assets increased $486 million and liabilities increased $241 million. What was JetBlue's equity at the end of the year
Answer:
$1,281 million
Explanation:
The computation of the equity at the end of the year is given below:
As we know that
Total assets = Total liabilities + stockholder equity
So for the beginning, the total liabilities is
= $5,598 million - $1,036 million
= $4,562 million
Now the ending stockholder equity is
= ($5,598 millon + $486 million) - ($4,562 million + $241 million)
= $6,084 million - $4,083 million
= $1,281 million
Which of these is the most effective way to learn a new topic?
Watching a lecture about the topic
Doing practice questions about the topic
Reading a textbook chapter about the topic
The most effective way for learning a new topic is to read the chapter of the textbook related to the topic.
The information related to the new topic of learning is as follows:
For learning a new topic, first, read the chapter of the textbook.After reading the new topic by ourselves that watch the lecture so that it helps to create the notes.And, the last one is doing practice questions so that perfection and concept-wise could be made.Therefore we can conclude that The most effective way for learning a new topic is to read the chapter of the textbook related to the topic.
Learn more about the learning here: brainly.com/question/1503472
Julie Powers collects overdue accounts for a large credit card company. She has access to records of all transactions for any customer. Julie sometimes looks up the records of famous people. She checks to see where they use their credit cards and how much money they spend. She sometimes tells her friends about the buying habits of entertainers and politicians.1. Is the action illegal?2. Does the action violate company or professional standards?3. Who is affected, and how, by the action?
Answer:
1. the action is illegal
2. it violates these standards
3. the credit card company and the credit card users are affected
Explanation:
1.
julie's actions are illegal because she is Sharing confidential and personal information with her friends.
2.
she is violation both business and professional standards by sharing these informations as this is against work and professional ethics
3.
those affected are the credit card company and the credit card owners. because she has given out the personal informations of these people as related to their credit card transactions. the credit card company may be in trouble if these people should decide to take legal action.
Suppose you deposit $1,071.00 into an account today that earns 11.00%. It will take ___ years for the account to be worth $2,911.00.
Answer:
n= 9.58 years
Explanation:
Giving the following information:
Present value= $1,071
Future value= $2,911
Interest rate= 11%
To calculate the number of years required to reach $2,091, we need to use the following formula:
n= ln(FV/PV) / ln(1+i)
n= ln(2,911/1,071) / ln(1.11)
n= 9.58 years
Suppose you observe the following exchange rates: €1 = $.85; £1 = $1.60; and €2.00 = £1.00. Starting with $1,000,000, how can you make money? Group of answer choices Start with euros; exchange for pounds; exchange for dollars; exchange for euros. Start with dollars, exchange for euros at €1 = $.85; exchange for pounds at €2.00 = £1.00; exchange for dollars at £1 = $1.60. Exchange $1m for £625,000 at £1 = $1.60. Buy €1,250,000 at €2 = £1.00; trade for $1,062,500 at €1 = $.85. No arbitrage profit is possible.
Answer:
i'll answer it after 15 years see you then
Explanation:
Which of the following statements concerning the cost-benefit relationship is not true? Business reporting should exclude information outside of management's expertise. Management should not be required to report infor
Answer:
D. If needed by financial statement users, management should gather information not included in the financial statements that would not otherwise be gathered for internal use.
Explanation:
HERE IS COMPLETE QUESTION
Which of the following statements concerning the cost-benefit relationship is not true?
A. Business reporting should exclude information outside of management's expertise.
B. Management should not be required to report information that would significantly harm the company's competitive position.
C. Management should not be required to provide forecasted financial information.
D. If needed by financial statement users, management should gather information not included in the financial statements that would not otherwise be gathered for internal use.
The cost benefit principle is a principle that give acost benefit relationship , and it state that cost incurred during the provision of financial information when issue financial statements should not be more than the benefits that the user will derived from it. This principle allows us to know that financial information can never come freely. Hence only "Option D" is not valid about cost-benefit relationship
If the variable costs for a firm are $57, the fixed costs are $143, and the firm sells 40 units, what are the firm's average total costs
Answer:
$5
Explanation:
Average total cost = total costs / total output
Total costs = variable costs + fixed costs
So we plug the amounts into the formula:
Average total cost = 57 + 143 / 40
= 5
So the average total cost for this ferm (per unit of output) is $5
the condition of Nepalese worker in foreign employment is poor what are the reasons behind it write any five reasons
Answer:
Hello lil boy!
Queen Messy here!
Lack of dependable data, extreme nepotism, and manipulation, in-transparent forms of work and continued abuse of authority is another reason why Nepal is a poor country. Related: Salary of Government officials of Nepal including President and Prime Minister. Lack of Industry.
Explanation:
Name the factors that influence the development of accounting
For which capital component must you make a tax adjustment when calculating a firm’s weighted average cost of capital (WACC)? Preferred stock Debt Equity Water and Power Company (WPC) can borrow funds at an interest rate of 9.70% for a period of five years. Its marginal federal-plus-state tax rate is 25%. WPC’s after-tax cost of debt is (rounded to two decimal places). At the present time, Water and Power Company (WPC) has 15-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,555.38 per bond, carry a coupon rate of 11%, and distribute annual coupon payments. The company incurs a federal-plus-state tax rate of 25%. If WPC wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)? (Note: Round your YTM rate to two decimal place.) 4.11% 4.73% 4.93% 3.70%
Answer and Explanation:
In order to make the adjustment for tax for determining the weighted average cost of capital , the debt component should be used as the interest expense is to be considered as deductible due to which the tax impact would be decreased
The after tax cost of debt is
= Cost of debt × (1 - tax rate)
= 9.70% × (1 - 0.25)
= 7.28%
Now the ytm would be
Given that
Future value = $1,000
Present value = $1,555.38
NPER = 15%
PMT = $1,000 ×11% = $110
The formula is given below:
= RATE(NPER;PMT;-PV;FV)
The present value comes in negative
After applying the above formula, the yield to maturity is 5.4759%
Now the after tax cost of debt is
= 5.4759% × (1 - 0.25)
= 4.11%
State law requires all electricians to be licensed. Ted is not licensed, but has been doing electrical work with his family business for five years. Despite Robin knowing Ted is unlicensed, she hires Ted to fix the electrical at her home for $5,000. When Ted completes the electrical project, Robin refuses payment. Will she have to pay?
Answer:
Yes
Explanation:
Yes, Robin would need to pay because she knew that Ted was not licensed and still decided to hire him. Therefore, agreeing to contract Ted and pay him for the work that he has done. Regardless of whether or not Ted's job was legal or not Robin still agreed and must pay Ted. Ted will later have to deal with his own legal issues but that does not affect the contract that was agreed upon by both parties.
You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-pound exchange rate is quoted at $2.00 = £1.00. If a bank quotes you a cross rate of £1.00 = €1.20 how much money can an astute trader make? Group of answer choices No arbitrage is possible $41,667 $40,000 $1,160,000
Answer:
$41,667
Explanation:
First and foremost, in order to profit from the arbitrage opportunity, we need to first of all convert dollars to euro using the exchange rate below
$1.60 = €1.00
$1,000,000 in euros= $1,000,000*€1.00/$1.60=€625,000
Next we convert the euros to pounds using the rate quoted by the bank below:
£1.00 = €1.20
€625,000 in pounds=€625,000*£1.00/€1.20=£ 520,833.33
Lastly, we convert the pounds sterling back to dollars using the below exchange rate
$2.00 = £1.00
£ 520,833.33 in dollars=£ 520,833.33*$2/£1.00=$ 1,041,666.67
Profit from the arbitrage=$ 1,041,666.67 -$1,000,000.00
Profit from the arbitrage=$41,667(rounded to a whole dollar amount)
The financial ratio that measures the accounting profit per dollar of book equity is referred to as the:
Answer:
Return on equity.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
The financial ratio that measures the accounting profit per dollar of book equity is referred to as the return on equity. It is calculated by dividing the net income with the shareholder's equity at a specific period of time
What are the advantages and disadvantages for companies maintaining an internal marketing research department? What advantages and disadvantages can be attributed to the hiring of an external marketing research supplier?
Answer:
Explanation:
There is a need for market research for companies, so that the company can be uttered in the right direction
________ risk involves variation in returns due to the ups and downs of the economy, the industry and the firm. Structural Fluctuational Business Financial
Answer:
Business
Explanation:
Business risk can be explained as when company or organization is been exposed to factors that can alter their profit negatively or factors that can lead the business to failure. Business risk are considered as things that can threatens the financial goals of a company from realisation. It should be noted that Business risk involves variation in returns due to the ups and downs of the economy, the industry and the firm.
A ________ articulates a business’s strategic objectives and the related strategies for achieving those objectives.
Answer: Business plan
Explanation:
A business plan helps in articulating a business’s strategic objectives and the related strategies for achieving those objectives.
A business plan is referred to as the written document that helps in describing how a particular business will achieve its goals.
A company is considering an investment that will return $30,000 semiannually at the end of each semiannual period for 4 years. If the company requires an annual return of 10%, what is the maximum amount it is willing to pay for this investment
Answer: $193,896.38
Explanation:
The maximum value that the company will pay is one that equals the present value of the cashflows of this project because anything higher will lead to losses.
The maximum value is therefore the present value of the cashflow here.
Annual rate to periodic rate = 10%/2 = 5%
No. of periods = 4 * 2 = 8 semi annual periods
Payment is fixed so is an annuity.
Present value of annuity = Annuity * ( 1 - (1 + rate) ^ -n) / rate
= 30,000 * (1 - ( 1 + 5%)⁸) / 5%
= $193,896.38
The company should not pay anything more than this amount because that would lead to a loss.
