Answer:
See below
Explanation:
Opportunity cost is described as the foregone benefit by preferring one option over others. Opportunity cost arises when a choice is being made from several possible alternatives. When the preferred option is selected, the benefits from the other alternatives are forfeited.
Opportunity cost is determined by evaluating the forfeited benefits. The benefits from the next best alternative are the opportunity costs. In other others words, the foregone advantages of the option ranked second is the opportunity cost.
BBC Company hopes to buy new computers in two years and wishes to set aside money today for the purchase. BBC's Controller has developed the following estimates: Estimated Cash Outflows Probability Assessment $12,700 30% $13,300 50% $14,500 20% How much should BBC deposit today in an account earning 5% compounded annually, to have sufficient cash on hand to pay for the computers
Answer:
$12,117.91
Explanation:
The first task is to determine the cash flow amount that would be required in 2 years time by determining the expected value of estimated cash outflows which is the sum of the estimated cash flows multiplied by their respsective probabilities as shown thus:
expected value in 2 years=($12,700*30%)+($13,300*50%)+( $14,500*20%)
expected value in 2 years=$13,360.00
Using the present value formula below, we can calculate the amount to be invested today:
PV=FV/(1+r)^n
PV=the amount to be invested today=the unknown
FV=future value=FV=the amount of cash outflow required in 2 years=$13,360.00
r=rate of interest=5%
n=the length of time that the amount would invested=2 years
PV=$13,360.00/(1+5%)^2
PV=$12,117.91
Piloting a questionnaire is a worthwhile exercise because it will:
a.Test out your questions on some of the people who will be in the final sample
b.Identify and amend any problems in the question wording, order and format
c.Find out what a trained pilot would think of the subject matter
d.All of the above
Answer:
b.Identify and amend any problems in the question wording, order and format
Explanation:
PILOTING a QUESTIONNAIRE will help to Effectively identify any problems that has to do with the questionnaire and as well as providing solution on how to combat such problem which is why PILOTING a QUESTIONNAIRE is very important because it will enables us to know those question that are faulty due to some reasons such as incorrect question wording due to the fact that it is important for respondents as well as the interviewers to Effectively understand the question in the questionnaire will inturn help them to answer those questions accurately as well as lack of Proper format in the questions thereby amending or resolving those problems.
Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flows -$475 $150 $200 $300 a. 2.88 years b. 2.85 years c. 2.42 years d. 1.96 years e. 2.47 years
Answer:
c. 2.42 years
Explanation:
The computation of the payback period is shown below:
Year Cash flow Cumulative cash flow
0 -$475 -$475
1 $150 -$325
2 $200 -$125
3 $300 $175
Now the payback period is
= 2 years + $125 ÷ $300
= 2.42 years
Kuhn Co. is considering a new project that will require an initial investment of $20 million. It has a target capital structure of 58% debt, 6% preferred stock, and 36% common equity. Kuhn has noncallable bonds outstanding that mature in 15 years with a face value of $1,000, an annual coupon rate of 11%, and a market price of $1555.38. The yield on the company’s current bonds is a good approximation of the yield on any new bonds that it issues. The company can sell shares of preferred stock that pay an annual dividend of $8 at a price of $95.70 per share. Kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to help fund it. Its common stock is currently selling for $33.35 per share, and it is expected to pay a dividend of $2.78 at the end of next year. Flotation costs will represent 8% of the funds raised by issuing new common stock. The company is projected to grow at a constant rate of 9.2%, and they face a tax rate of 25%. What will be the WACC for this project? (Note: Round your intermediate calculations to two decimal places.)
Answer:
8?14%
Explanation:
Calculation for What will be the WACC for this project
First step is to calculate the Yield using financial calculator
N=15 years
FV=1,000
PV=-$1555.38
PMT=11%
CPT I/Y=5.48%%
Second step is to calculate After-tax cost of debt using this formula
After-tax cost of debt=Yield*(1-tax rate)
Let plug in the formula
After-tax cost of debt=5.48%*(1-25%)
After-tax cost of debt=5.48%*75%
After-tax cost of debt=4.11%
Third step is to calculate Cost of preferred stock using this formula
Cost of preferred stock=Dividend/Price
Let plug in the formula
Cost of preferred stock=8/92.25
Cost of preferred stock=8.67%
Fourth step is to Cost of common stock using this formula
Cost of common stock=Expected Dividend/(Price*(1-Flotation cost %))+Growth rate
Let plug in the formula
Cost of common stock=2.78/(33.35*(1-8%))+5.48%
Cost of common stock=2.78/(33.35*0.92)+5.48%
Cost of common stock=(2.78/30.68)+5.48%
Cost of common stock=9.06%+5.48%
Cost of common stock=14.54%
Now let calculate WACC
WACC=58%*4.11%+6%*8.67%+36%*14.54%
WACC=8.14%
Therefore What will be the WACC for this project is 8.14%
The American Institute of Certified Public Accountants (AICPA) Group of answer choices sets rules of conduct that CPAs are required to meet. is responsible for issuing licenses to new CPAs. restricts its membership to CPAs who are independent auditors. sets auditing standards for both public and private companies.
Answer:
C. sets rules of conduct that CPAs are required to meet.
Explanation:
The function of AICPA would involved the setting of the standards, enforcement of the ethics, and the firm practice quality in order to monitoring the roles for the majority with regard for practicing CPAs
Therefore the option c is correct as it sets the rules for conduct that are needed to meet by CPAs
Hence, the other options are wrong
write down the process going for foregin employment in Nepal
Answer:
The reasons behind the migration are almost same in Nepal as other parts of the world. Existing poverty, limited employment opportunities, deteriorating agricultural productivity, armed 8 Page 9 conflict are some of the reasons about the motives behind international labour migration.
Explanation:
The following balances are from the accounts of Crabtree Machining Company: January 1 (Beginning) December 31 (Ending) Direct materials inventory $ 115,200 $ 141,600 Work-in-process inventory 139,200 134,400 Finished goods inventory 117,120 108,000 Direct materials purchased during the year amount to $717,600, and the cost of goods sold for the year was $2,606,880. Required: Prepare a cost of goods sold statement.
Answer and Explanation:
The preparation of the cost of goods sold statement is presented below;
Crabtree Machining Company
Cost of goods sold statement
Beginning work in Process $139,200
Manufacturing Costs
Direct Material:
Beginning Direct Material inventory $115,200
Direct material purchases $717,600
Materials available $832,800
Less: Ending Direct Material inventory - $141,600
Direct Material used $691,200
Conversion costs ($2,592,960 -$691,200) $1,901,760 (Balancing figure)
Total Manufacturing costs ($2,732,160 - $139,200) $2,592,960
Total cost of Work in process ($2,597,760 + $134,400) $2,732,160
Less: ending inventory Work in Process $134,400
Cost of goods manufactured ($2,714,880 -,$117,120) $2,597,760.
Beginning finished goods inventory $117,120
Finished goods savailable for sale ($2,606,880 + $108,000) $2,714,880
Less: Ending finished goods inventory $108,000
Cost of goods sold $2,606,880
With today's cell phone, you can watch the news, shoot videos, take pictures, listen to music, and so much more. Because of these features, consumers may want to replace their existing phone with a new model or brand. This increase in demand is in part due to changes in
Answer:
Technology.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
With today's cell phone, you can watch the news, shoot videos, take pictures, listen to music, and so much more. Because of these features, consumers may want to replace their existing phone with a new model or brand. This increase in demand is in part due to changes in technology which is considered to be an environmental factor.
Hence, technology plays a significant role in improving the quality of goods and services that are made available to end users so as to meet their needs or requirements.
For example, as a result of technological advancement, a user can sit in the comfort of his or her homes place an order for a particular product and have it delivered to him or her at home.
The terms are default, grace period, late payment fee, over the limit fee, and bad credit
Answer:
1. Bad credit
2. Over the limit fee
3. Late payment fee
Explanation:
1. Bad credit is a situation where a borrower fails to repay his bills on time. This can have an effect on his credit score, thus resulting in a bad credit score and the inability of lenders to lend money. This explains John's situation because he fails to pay on time.
2. Over the limit fee is charged when a person's balance exceeds his credit limit and this can result in a decline of transaction. Susan has apparently exceeded her limit and her transaction might be declined or the balance might be deducted when she pays the fee.
3. Late payment fee is charged when a person fails to complete his payment on the due date. Interest is being charged after the purchase which he pays at a later time because he failed to read the conditions of the credit card offer.
Larry Gomez is a warehouse manager for a company that markets electric generators. In this small entrepreneurial firm, there are direct lines of communication and authority flowing from the company's CEO down to Gomez and through her to the workers in the warehouse. Gomez works in a _____ organization.
Answer:
Line.
Explanation:
A line organizational structure can be defined as a type of structure in which the level of authority ranks from the top to the bottom i.e from the top executives to the lowest level employees. A line organizational structure makes use of downward communication technique for the dissemination of informations.
A downward communication can be defined as the formal flow of information and messages within an organizational hierarchy; which is mainly from a higher level (senior management) of an organization to a lower level (middle management) and lastly, to the least (subordinates).
In this scenario, Larry Gomez is a warehouse manager for a company that markets electric generators. In this small entrepreneurial firm, there are direct lines of communication and authority flowing from the company's CEO down to Gomez and through her to the workers in the warehouse. Therefore, Gomez works in a line organization.
Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs. Which kind of analytical technique are they using
Answer:
Predictive analytics.
Explanation:
Predictive analytics can be defined as a statistical approach which typically involves the use of past and present data ( factual informations) in order to determine unknown events or future performances of a business firm or organization. It is focused on determining what is likely to happen in the future.
In this scenario, Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs.
Hence, the kind of analytical technique Costco are using is predictive analytics.
Chuck, a single taxpayer, earns $76,800 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (Use the U.S. tax rate schedule.) Required: If Chuck earns an additional $40,260 of taxable income, what is his marginal tax rate on this income
Answer:
Answer:
a. 24%
b. 12%
Explanation:
Marginal tax rate is an incremental tax rate that is paid out of the taxable income of a tax payer. It represents the rate at which the last unit of dollar of the taxable income is taxed. The marginal rate for each income bracket is supplied by the Internal Revenue Service (IRS).
Chuck Marginal Tax Rate
a) The marginal tax rate for Chuck if he earns additional $40,000 taxable income will be:
= $75,000 + $40,000
= $115,000
Marginal tax rate for $115,000 is 24% according IRS tax rate schedule.
b) If instead, it is an additional deduction of $40,0000, the marginal tax rate will be:
= $75,000 - $40,000
= $35,000
The marginal tax rate for taxable income of $35,000 is 12% according US tax rate schedule.
Note: the interest is categorized as interest from municipal bond, so it is tax free.
It is also assumed that Chuck is single. Hence, tax rate under single filer applies to him.
Explanation:
Over several decades, some industries, such as textile and clothing, which were once a significant part of the U.S. economy, have shifted manufacturing abroad. Using the idea of opportunity cost, provide an explanation of the reasoning behind this shift. How has this shift affected economic well-being locally
Answer:
Opportunity costs are the benefits lost or extra costs associated to choosing one activity or investment over another alternative.
In this case, the textile and clothing industry was replaced by more modern industries or services that require less labor, probably less capital and less natural resources. This means that the opportunity cost of producing clothes was too high when it meant that it had to replace other more profitable industries.
On the other hand, the opportunity cost of the clothing industry abroad is very low since labor is very cheap compared to the US, so some foreign countries have a comparative advantage.
When you are allocating resources efficiently, you will allocate them to activities that yield the highest returns and reject those that yield low returns. This improves the well being of the companies and the population as a whole.
Explanation:
If a bank has a required reserve ratio of 20% and has required reserves of $300,000,000, how much does the bank hold in deposits
Answer:
$1,500,000,000
Explanation:
Calculation for how much does the bank hold in deposits
Using this formula
DEPOSIT=Required reserves/Reserve ratio
Let plug in the formula
DEPOSIT=$300,000,000/0.20
DEPOSIT=$1,500,000,000
Therefore how much does the bank hold in deposits is $1,500,000,000
Identify one way in which setting a goal can help a person budget
more effectively.
How does earned income, like wages, differ from unearned income, like interest or rental
income? How would you pay taxes on these different types of income?
Answer:
Your tax liability is based on your overall income, so it's important to understand the different types of income and how the IRS treats them. Earned income and unearned income each include diverse forms of payments and have unique tax implications.
Explanation: Hope this helps <3
Plot the following scenarios for per capita GDP on a ratio scale.
Assume that per capita GDP in the year 2015 is equal to $10,000. You should not need a calculator or computer program. Use the Rule of 70 to label the value of per capita GDP on the graph in the year listed below.
a. Per capita GDP grows at a constant rate of 5% per year between 2015 and 2085.
b. Per capita GDP grows at 2% per year between 2015 and 2085, speeds up to 7% per year for the next 20 years, and then slows down to 5% per year for the next 28 years.
c. Per capita GDP grows at 7% per year for 50 years and then slows down to 1% per year for the next 140 years.
Answer:
Answer is explained in the explanation section.
Explanation:
As given, we have to use the 70's rule, which states that, size of the variable will be doubled every 70/x years, if the the yearly growth rate of that variable is x%.
And we are given that,
The Per Capita GDP for year 2015 = $10,000
a) Graphs of the Per Capita GDP are attached in the attachment 1.
So, by using the rule of 70. we have
x = 5% growth rate.
between the years 2015 and 2085.
So, the size of the variable will be doubled every 70/x years, if the yearly growth rate is 5%.
So,
Years = 70/x
Years = 70/5
Years = 14.
It means, per capita GDP will be doubled every 14 years time period.
b) Graphs of the Per Capita GDP are attached in the attachment 2.
Growth rate = 2%
Between the years 2015 and 2085. then
Growth rate = 7%
For = After 2085 years for 20 years, then
Growth rate = 5%
For = next 28 years.
So,
Years = 70/x
Years = 70/2
Years = 35 years.
It means, per capita GDP will be doubled every 35 years time period.
Now, it speeds up to 7% per year for the next 20 years.
Year = 70/x
Years = 70/7
Years = 10 years
It means, it speeds up to 7% per year for the next 20 years. per capita GDP will be doubled every 10 years time period.
Now, if it slows down to 5% per year for the next 85 years then,
years = 70//x
years = 70/5
years = 14 years
It means, if it slows down to 5% per year for the next 85 years then, per capita GDP will be doubled every 14 years time period.
c) Graphs of the Per Capita GDP are attached in the attachment 3.
Growth rate = 7% per year
For = 50 years and then
Grow rate = 1%
For = next 140 years.
Years = 70/x
Years = 70/7
Years = 10 years
It means, Per capita GDP will be doubled after every 10 years for 50 years.
Now, if it slows down to 1% per year for the next 140 years then,
Years = 70/x
Years = 70/1
Years = 70 years
It means, for next 140 years per capita GDP will be double after every 70 years.
Can someone help me what is the answer
Answer:
a). $413,000
b). $485,000
Explanation:
As the December 31, 20y8, Assets of $543,000 and liabilities of $130,000.
Using accounting equation
a). owner's equity as of December 31, 20y8
The accounting equation is as follows.
Asset = Equity + Liabilities
$543,000 = Equity + $130,000
Equity = $543,000 - $130,000
Equity =$413,000
b). Owner's equity as DEC 31,20y9 assuming that assets increased by $103,000 and liabilities increased by $31,000 during 20y9
If assets increase by $103,000, assets will be $103,000 + $543,000
=$646,000
Liabilities increased by $31,000, new liabilities
=$130,000 + $31,000
=$161,000
$646,000 = equity + $161,000
Equity = $646,000 -$161,000
Equity = $485,000
You see and read about different kinds of businesses every day. The following scenarios describe two businesses. Use the description of each business to classify it as a proprietorship, partnership, corporation, or limited liability partnership and/or limited liability company (LLP/LLC).
Business #1: Jin and his uncle started a software development company. Without his uncle’s knowledge, Jin illegally used another company’s code to meet the needs of a client. The resulting lawsuit closed the business and bankrupted both Jin and his uncle.
This is an example of:
A. An LLP/LLC
B. A proprietorship
C. A corporation
D. A partnership
Business #2: Alexander and Jin run a law firm in downtown Phoenix. The firm has debt of $100,000, but Alexander and Jin will not be held personally liable for the firm’s debts. The business organization is the type that requires Alexander and Jin to report all business-related income on their personal tax returns.
This is an example of:
A. A partnership
B. A corporation
C. An LLP/LLC
D. A proprietorship
Answer:
Business #1: Jin and his uncle started a software development company. Without his uncle’s knowledge, Jin illegally used another company’s code to meet the needs of a client. The resulting lawsuit closed the business and bankrupted both Jin and his uncle.
D. A partnershipOne of the main disadvantages of a partnership is that the owners are personally liable for all the obligations regarding to the business.
Business #2: Alexander and Jin run a law firm in downtown Phoenix. The firm has debt of $100,000, but Alexander and Jin will not be held personally liable for the firm’s debts. The business organization is the type that requires Alexander and Jin to report all business-related income on their personal tax returns.
C. An LLP/LLCA LLC is a hybrid between a partnership and a corporation. The firm is a pass through entity, meaning that the owners are taxed directly (no corporate tax). But it also provides limited liability, so the owners are not personally liable for the firm's obligations.
g Klein uses the perpetual inventory system and the gross method of accounting for sales. The journal entry or entries that Klein will make on March 12 is (are):
Answer:
Note: The complete question is attached as picture below
Date Account Titles and Explanation Debit Credit
12-Mar Accounts receivable $7,800
Sales $7,800
(To record the sales on account)
12-Mar Cost of goods sold $4,500
Inventory $4,500
(To record the cost of goods sold)
Cordell Inc. experienced the following events in Year 1, its first year of operation: Received $52,000 cash from the issue of common stock. Performed services on account for $80,000. Paid a $5,200 cash dividend to the stockholders. Collected $58,000 of the accounts receivable. Paid $52,000 cash for other operating expenses. Performed services for $16,000 cash. Recognized $2,200 of accrued utilities expense at the end of the year.
Answer:
Complete wordings "Identify the events that result in revenue or expense recognition and those which affect the statement of cash flows. In the Statement of Cash Flows column, use OA to designate operating activity. FA for financing activity, or IA for investing activity. If the element is not affected by the event, leave the cell blank."
Event Revenue Expense Statement of cash flow
1 $52,000 FA
2 $80,000 N/A
3 -$5,200 FA
4 $58,000 OA
5 -$52,000 -$52,000 OA
6 $16,000 $16,000 OA
7 -$2,200 N/A
Various financial data for Year 1 and Year 2 follow. Calculate the total productivity measure and the partial productivity measures for labor, capital, and raw materials for this company for both years. What do these measures tell you about this company?
Last year This year
Output Sales $200,000 $220,000
Input Labor 30,000 40,000
Raw Materials 35,000 45,000
Energy 5,000 6,000
Capital 50,000 50,000
Other 2,000 3,000
Answer:
See below
Explanation:
With regards to the above, the formula for total productivity measure is
= Output Sales( Total output) / Total Input
Total productivity measurement for Last year.
Output sales = $200,000
Total input = Input labor + Raw materials + Energy + Capital + others
= $30,000 + $35,000 + $5,000 + $50,000 + $2,000
= $122,000
Therefore, total productivity measure
= $200,000/$122,000
= 1.64
Total productivity measurement for this year
Output sales= $220,000
Total input = Input labor + raw materials + energy + capital + others
= $40,000 + $45,000 + $6,000 + $50,000 + $3,000
= $144,000
Therefore, total productivity measure
= $220,000/$144,000
= 1.53
Partial productivity for last year
Output sales = $200,000
Input = Input labor + raw materials + capital
= $30,000 + $35,000 + $50,000
= $115,000
Partial productivity measure = $200,000/$115,000
= 1.74
Partial productivity measure for this year
Output sales = $220,000
Input = Input labor + raw materials + capital
= $40,000 + $45,000 + $50,000
= $135,000
Therefore, partial productivity measurement for last year
= $220,000/$135,000
= 1.63
The above measures indicates that there is a reduction in total productivity measures from last year to this year. Same applies to partial productivity measures for both years.
orge and Anita, married taxpayers, earn $146,500 in taxable income and $58,000 in interest from an investment in City of Heflin bonds. (Use the U.S. tax rate schedule for married filing jointly). Required: If Jorge and Anita earn an additional $109,000 of taxable income, what is their marginal tax rate on this income
Answer:
Currently (assuming a 2020 tax schedule), Jorge and Anita's tax liability = $9,235 + [22% x ($146,500 - $80,250)] = $23,810
municipal bonds are not taxed by the federal government, so they do not pay any taxes on the interests earned on the City of Heflin bonds.
if they earn an additional $109,000, then their tax liability will be:
$29,211 + [24% x ($255,500 - $171,050)] = $49,479
their marginal tax rate = 24%
A baseball player receives a base salary of $15 million per year, and a bonus of $100,000 for all home runs over 50. If the player hits 70 home runs this year, what will he be paid
Answer
22 mil
Explanation:
70 times 100k is 7 mil and if you add 7 mil to 15 you get 22
Calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the firm would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model. 2. Prepare an income statement for each year according to the accrual accounting model.
Question Completion:
Listed below are several transactions that took place during the first two years of operations for the law firm of Pete, Pete, and Roy.
Year 1 Year 2
Amounts billed to clients for services rendered $184,000 $234,000
Cash collected from clients 153,000 183,000
Cash disbursements:
Salaries paid to employees during the year 83,000 93,000
Utilities 26,500 33,000
Purchase of insurance policy 57,900 0
In addition, you learn that the company incurred Utility costs of $31,500 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the Insurance policy covers a three-year period.
Answer:
1. Net operating cash flow for
Year 1 Year 2
Cash collected from clients 153,000 183,000
Cash disbursements:
Salaries paid to employees during the year (83,000) (93,000)
Utilities (26,500) (33,000)
Purchase of insurance policy (57,900) 0
Net operating cash flow ($14,400) $57,000
1b. Amount of receivables from clients that the firm would show in its year 1 and year 2 balance sheets:
Year 1 = $31,000
Year 2 = $82,000
2. Income Statement for the years ended December 31, Year 1 and Year 2:
Year 1 Year 2
Service Revenue $184,000 $234,000
Expenses:
Salaries 83,000 93,000
Utilities 31,500 28,000
Insurance expense 19,300 19,300
Total expenses 133,800 140,300
Net income before tax $50,200 $93,700
Explanation:
Calculations:
Accounts Receivables:
Year 1
Bill to clients $184,000
Cash collected 153,000
Balance $31,000
Year 2
Balance $31,000
Bill to clients $234,000
Cash collected 183,000
Balance $82,000
Insurance Expenses for each year = $57,900/3 = $19,300
Utilities Incurred:
Year 1 = $31,500
Paid 26,500
Payable 5,000
Year 2
Paid 33,000
less Yr, 1 5,000
Incurred $28,000
Equipment that cost $871000 and had a book value of $387000 was sold for $457000. Data from the comparative balance sheets are: 12/31/21 12/31/20 Equipment $5410000 $4879000 Accumulated Depreciation 1654000 1500000 Equipment purchased during 2021 was $1402000. $531000. $911000. $821000.
Answer:
a. $1,402,000
Explanation:
Equipment purchased during 2021 = Cost of equipment on 12/31/2021 - (Cost of equipment on 12/31/2020 - Cost of equipment sold)
Equipment purchased during 2021 = $5,410,000 - ($4,879,000 - $871,000)
Equipment purchased during 2021 = $5,410,000 - $4,008,000
Equipment purchased during 2021 = $1,402,000
1) Which of the following statements is false? A) The variance increases with the magnitude of the deviations from the mean. B) The variance is the expected square deviation from the mean. C) Two common measures of the risk of a probability distribution are its variance and its standard deviation. D) If the return is risk-free and never deviates from its mean, the variance is one.
Answer:
D) If the return is risk-free and never deviates from its mean, the variance is one.
Explanation:
In the given case, the following statements are true:
a. In the case when the variance increased so the deviation magnitude from the mean is also increased
2. The variance is the predicted square deviation from the mean
3. And, the two common measures of the risk is the variance and the standard deviation
But when the return is risk less so the variance should be zero not one
Therefore the option d is false
A 250g packet of iodized salt costs #15, A 20kg sack of saltncost #1040. calculate the savibg per kg by buying the 20kg sack of salt
Answer:
i didnt mean to answer but what does first question mean
Explanation:
Bonita Corporation has outstanding 9,100 shares of $100 par value, 6% preferred stock and 60,500 shares of $10 par value common stock. The preferred stock was issued in January 2020, and no dividends were declared in 2020 or 2021. In 2022, Bonita declares a cash dividend of $270,000. (a) Assume that the preferred are noncumulative. How much dividend will the preferred stockholders receive
Answer:
Bonita Corporation
Assuming that the preferred are noncumulative, the dividend that the preferred stockholders will receive is:
= $54,600.
Explanation:
a) Data and Calculations:
Outstanding 6% preferred stock = 9,100 shares
Par value of preferred stock = $100 per share
Value of preferred stock = $910,000
Fixed annual dividend when declared = $54,600 ($910,000 * 6%)
Common stock = 60,500 shares
Par value of common stock = $10 per share
Value of common stock = $605,000
Dividends declared in 2022 = $270,000
Since the preferred stock are non-cumulative, the dividend that the preferred stockholders will receive in 2022 = $54,600
The remaining $215,400 will be allocated to common stockholders at $3.56 per share ($215,400/60,500).
Marco, a real estate agent, receives a dozen emails in his inbox. Six of the emails are inquiries to a new condo listing he has in the North End. He confirms appointments with three of the prospective buyers, one of them decides that the condo won't work after receiving information on the layout of the property and the other email Marco ignores because the email address has a last name in it that appears to be Irish. Has Marco risked his real estate license
Answer:
Yes because Marco discriminated by ignoring the email due to its appearance of being linked to someone of a different national origin
Explanation:
Real estate agents are not allowed to discriminate against buyers of property. Of they do they can lose their Liscence.
Discrimination is the act of behaving differently
and withholding benefits from people based on their race, colour, religion, sex, or gender.
In this scenario Marco ignores communicating with one of his clients because the email address has a last name in it that appears to be Irish.
He did not consider the application at all resulting in the client losing the opportunity to obtain the new condo.
As a result of this discriminatory action Marco stands the risk of losing his liscence
