Answer:
Buy government bond
Explanation:
Ideally, a government would implement expansionary fiscal policy if it is aimed at making more money available in the economy. Expansionary fiscal policy includes increase in spending of governments on her projects, reduction in tax payments, tax rebates, transfer payments etc.
With regards to the above, the central bank of a country would buy government bond in order to maintain stable interest rate whilst implementing expansionary fiscal policy. The aim is to maintain a stable availability of money in the economy.
On July 1, 2019, Noble, Inc. issued 9% bonds in the face amount of $10,000,000, which mature on July 1, 2025. The bonds were issued for $9,560,000 to yield 10%, resulting in a bond discount of $440,000. Noble uses the effective-interest method of amortizing bond discount. Interest is payable annually on June 30. At June 30, 2021, Noble's unamortized bond discount should be
Answer:
$322,400
Explanation:
Calculation for At June 30, 2021, Noble's unamortized bond discount
First step is to calculate unamortized bond for 2019-2020
Unamortized bond 2019-2020= $9,560,000 + [($9,560,000 × .1) - ($10,000,000 × .09)]
Unamortized bond 2019-2020=$9,560,000 + [($9,560,000 - $900,000)]
Unamortized bond 2019-2020=$9,560,000 + $56,000
Unamortized bond 2019-2020= $9,616,000
Second step is to calculate Unamortized bond for 2020-2021
Unamortized bond 2020-2021= $9,616,000+ [( × $9,616,000.1) - ($10,000,000 × .09)]
Unamortized bond 2020-2021=$9,616,000 + ($961,600 - $900,000)
Unamortized bond 2020-2021 = $9,677,600
Now let calculate unamortized bond discount
Unamortized bond discount =$10,000,000 - $9,677,600
Unamortized bond discount = $322,400
Therefore At June 30, 2021, Noble's unamortized bond discount should be $322,400
with emphasis on at least five factors, show the importance of scanning the business environment
Answer:
. Identification of strength:
Strength of the business firm means capacity of the firm to gain advantage over its competitors. Analysis of internal business environment helps to identify strength of the firm.
2. Identification of weakness:
Weakness of the firm means limitations of the firm. Monitoring internal environment helps to identify not only the strength but also the weakness of the firm. A firm may be strong in certain areas but may be weak in some other areas. For further growth and expansion, the weakness should be identified so as to correct them as soon as possible.
3. Identification of opportunities:
Environmental analyses helps to identify the opportunities in the market. The firm should make every possible effort to grab the opportunities as and when they come.
4. Identification of threat:
Business is subject to threat from competitors and various factors. Environmental analyses help them to identify threat from the external environment. Early identification of threat is always beneficial as it helps to diffuse off some threat.
5. Optimum use of resources:
Proper environmental assessment helps to make optimum utilisation of scare human, natural and capital resources. Systematic analyses of business environment helps the firm to reduce wastage and make optimum use of available resources, without understanding the internal and external environment resources cannot be used in an effective manner.
Read "Would You Sign This Tax Return?" on page 1-20. Post your thoughts on why you would or would not sign the return as a preparer.
Answer:
Yes, I would sign the tax return because it would be a benefit and it will prepare you for upcoming events
When we assume that hard workers are all honest or that slow workers are not very bright, this is considered projection.
Select one:
True
False
Answer:
It's False :-)Thank you for the questionConsider Miray's decision to go to college. If she goes to college, she will spend $24,000 on tuition, $12,000 on room and board, and $1,900 on books. If she does not go to college, she will earn $16,000 working in a store and spend $8,000 on room and board. Miray's cost of going to college is Group of answer choices $37,900. $45,900. $53,900. $61,900.
Answer:
Total cost of going to college= $45,900
Explanation:
We need to consider the opportunity cost of not working and earning a salary. Of room and board, we will take into account the incremental difference.
Tuituion= $24,000
Room and board= 12,000 - 8,000= $4,000
Books= $1,900
Salary= $16,000
Total cost of going to college= $45,900
Question
Given that Janet is collecting data on favorite sports teams, what type of data is she working with?
Answer:
using data to increase revenue and to enhance the fan experience. When ticket sales and attendance are down, it is the sports analyst job to communicate the numbers and changes from previous seasons.
Explanation:
An investor has $20,000 in his trading account and he borrows an additional $20,000 from his broker. He invests the total amount in a stock at $30 per share. Assume the maintenance margin is 40%, at what price will the investor first receive a margin call
Answer: $25
Explanation:
Margin call = Initial price * (1 - initial margin) / ( 1 - maintenance margin)
Initial margin = Personal amount invested / Total amount invested
= 20,000 / (20,000 + 20,000)
= 0.5
Margin call = 30 * (1 - 0.5) / ( 1 - 0.4)
= 30 * 0.8333
= $25
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 44,000 units and sold 36,000 units at a price of $140 per unit.
Manufacturing costs
Direct materials per unit $60
Direct labor per unit $22
Variable overhead per unit $8
Fixed overhead for the year $528,000
Selling and administrative costs
Variable selling and administrative cost per unit $11
Fixed selling and administrative cost per year $105,000
Required:
Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing.
Answer and Explanation:
The preparation of the income statement using absorption costing is as follows:
Sales (36,000 units at $140) $5,040,000
Less: Cost of goods sold
Direct materials (36,000 units at $ 60) $2,160,000
Direct labor (36,000 units at $22) $792,000
Variable overhead (36,000 units at $8) $288,000
Fixed Overhead (36,000 units at $12) $432,000
Cost of goods sold $3,672,000
Gross margin $1,368,000
Less:
Selling, general and administrative expenses:
Variable selling and administrative expenses (36,000 x $11) $396,000
Fixed selling and administrative expenses $105,000
Net income (loss) $867,000
Due to increase in GST the supply of Air conditioner decease from 20 units to 10 units at same price this situation leads to what?
Answer:
The answer is "The contraction in supply".
Explanation:
It contributes to supply constriction with manufacturers, which helps to overcome the tax liabilities and decline as product demand only drops as the consequence of a decline in the cost of its product.
It providers prefer, irrespective of high value-added tax or GST, to sustain rates to sustain their clients. The price change contracts credit policies when the prices increase, the certain factors remained amount produced will be increased, which is considered a supply extension.what are the 5c concepts of Teamworks?
Answer:
To develop a high-performing team, leaders should assess and develop these five behavioral functions with their team members: confidence, communication, coordination, cooperation and collaboration.
Explanation:
please give me a heart
Find the no-arbitrage cross exchange rate. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-yen exchange rate is quoted at $1.00 = ¥120. Group of answer choices ¥192/€1.00 €1.25/¥1.00 €1.00/¥1.92 €1.92/¥100
Answer:
¥192/€1.00
Explanation:
In order to determine the cross rate, we need a formula such that the dollar sign in one exchange rate cancels the other dollar sign in the second exchange such that we are left with both Yen and the Euro as shown by the formula below:
S(€/¥) = S($/¥) / S($/€)
S($/¥) =$1/¥120
S($/€)=$1.60/ €1.00
S(€/¥) =($1/¥120)/($1.60/ €1.00)
if we change the division to multiplication we would have the below
S(€/¥) =$1/¥120*€1.00/$1.60
S(€/¥) =€0.005208333
This means that €0.005208333 =1¥
1¥/ €0.005208333=¥192
You have $33,556.25 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $220,000. You expect to earn 12% annually on the account. How many years will it take to
Answer:
11 years
Explanation:
The computation of the number of years that should be taken is shown below:
As we know that
A = P(1 + r%)^n
here
A = future value
P = present value
r = rate of interest
n = time period.
So, the future value of $33,556.25 is
= $33,556.25× (1.12)^n
In addition to this,
The Future value of the annuity is
= Annuity[(1+rate)^time period-1] ÷ rate
= $5,000 [(1.12)^n-1] ÷ 0.12
Now
$220,000 = $33,556.25 × (1.12)^n + $5,000[(1.12)^n-1] ÷ 0.12
$220,000 = $33,556.25 × (1.12)^n + $41,666.67[(1.12)^n-1]
$220,000 = $33,556.25 × (1.12)^n + $41,666.67 × (1.12)^n - $41,666.67
($220,000 + $41,666.67) = (1.12)^n[$33,556.25 + $41,666.67]
(1.12)^n = ($220,000 + $41,666.67) ÷ ($33,556.25 + $41,666.67)
(1.12)^n = $3.478549866
Now take the log to the both sides
n × log 1.12 = log 3.478549866
n = log 3.478549866 ÷ log 1.12
= 11 years
Julie Jefferson is a 16 year old dependent high school student. Julie earns $5,000 from a part-time job. Julie's applicable standard deduction for 2020 that may be taken on her own return is ___________.
Answer: d. $5,350
Explanation:
According to 2020 tax laws, a dependent minor such as Julie Jefferson here can claim a standard deduction that is the greater of:
a. $1,100 or,
b. earned income + $350 so long as it does not exceed $12,400.
Julie's applicable standard deduction is therefore:
= 5,000 + 350
= $5,350
This is greater than $1,100 and so is her applicable standard deduction.
Paige, age 17, is a dependent of her parents. Her parents report a taxable income of $120,000 on their joint return (no qualified dividends or capital gains). During 2020, Paige earned $3,900 pet sitting and $4,300 in interest on a savings account. What are Paige's taxable income and tax liability for 2020?a. Paige's total taxable income is $ _______.b. Paige's tax liability is $ _____.
Answer:
a. Paige's total taxable income is $3,950.
b. Paige's tax liability is $395.
Explanation:
Since Paige is included in her parents tax filings as a dependent, her standard deduction will be the greater of:
$1,100
or
earned income + $350 = $3,900 + $350 = $4,250
Paige's taxable income = $3,900 + $4,300 - $4,250 = $3,950
Paige's tax liability = $3,950 x 10% = $395
A mission statement is usually very specific including the company's financial forecast. Group of answer choices True False
Answer:
False
Explanation:
The mission statement is the statement that defines the existence of the organization. The overall goal, how to identify its goals with regard to its operations, what type of products or services the company is dealing, its main customers or market, ist geographical location, etc
It does not involve the financial forecast of the company
Therefore the given statement is false
The toothpaste aisle at a large store that sells personal care products contains many versions of toothpaste produced by a small number of sellers. This indicates that toothpaste producers are best categorized as Select the best answer below.
A. perfectly competitive firms; price gouging
B. oligopoly firms; supply restrictions
C. monopolistically competitive firms; product differentiation thru advertising
D. monopoly firms; price discrimination through group pricing schemes
E. perfectly competitive firms; brand advertising
Answer:
C. monopolistically competitive firms; product differentiation thru advertising
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
Due to the fact that their are different versions of the same product (tooth paste), producers would have to advertise their products in order to attract customers.
Also, only one product is sold, toothpaste, but different versions of it are sold. This is referred to as product differentiation
Which of the following are examples of chemical energy being released or stored?
Fireworks burning and exploding in the sky
The wind blowing a seed through the sky
A guitar string making sounds
I only
I and II only
I and III only
I, II, and III
Jarrod receives a scholarship of $26,200 from Riggers University to be used to pursue a bachelor's degree. He spends $15,720 on tuition, $1,310 on books and supplies, $5,240 for room and board, and $3,930 for personal expenses. How much may Jarrod exclude from his gross income
Answer:
$20,960
Explanation:
The amount that excluded from the gross income is as follows:
i. Tuition fee $15,720
ii. Books and Supplies $5,240
Total $20,960
The amount of $20,960 would be excluded from the gross income
And, the other amounts would be included in the gross income
________ can be described as a process by which several possibilities are considered and prioritized, resulting in a clear choice of one option over others. Decision making Delegating Pattern recognition Benchmarking
Answer:
Decision making
Explanation:
Decision making can be described as a process by which several possibilities are considered and prioritized, resulting in a clear choice of one option over others.
The following costs were incurred in May: Direct materials$40,500 Direct labor$36,700 Manufacturing overhead$28,800 Selling expenses$21,400 Administrative expenses$38,800 Conversion costs during the month totaled:
Answer:
$77,200
Explanation:
Conversion cost is calculated as;
= Direct labor cost + Manufacturing overhead.
Given that;
Direct labor cost = $40,500
Manufacturing overhead = $36,700
Conversion cost = $40,500 + $36,700
= $77,200
HELP!!
In what type of economy does the government decide whether houses or apartments will be built?
traditional
Command
Mixed
Market
Answer:
it's a command market :)
Required : You are to prepare the Arc's federal income tax return in good form . You are not to complete an Ohio state income tax return . The following and schedules are required and may be found in parts 1
Answer:
D
Explanation:
Financial Statements of a Manufacturing Firm The following events took place for Focault Inc. during July 20Y2, the first month of operations as a producer of road bikes: Purchased $320,000 of materials Used $275,000 of direct materials in production Incurred $236,000 of direct labor wages Applied factory overhead at a rate of 75% of direct labor cost Transferred $652,000 of work in process to finished goods Sold goods with a cost of $630,000 Sold goods for $1,120,000 Incurred $252,800 of selling expenses Incurred $100,000 of administrative expenses a. Prepare the July income statement for Focault. Assume that Focault uses the perpetual inventory method.
Answer:
Focault Inc
Income statement for the month of July
Sales $1,120,000
Less Cost of Goods Sold ($630,000)
Gross Profit $490,000
Less Expenses
Selling expenses $252,800
Administrative expenses $100,000 ($352,800)
Net Income $137,200
Explanation:
Income Statement shows the profit earned by the company during the reporting period. Profit = Gross Profit (Sales - Costs of Sales) - Operating Expenses.
Note that the amount of the cost of goods manufactured that was sold, that is the the cost of goods sold was already given as $630,000, this made our calculations easier.
On June 1, 2017, Vaughn Manufacturing was started with an initial investment in the company of $22,410 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the revenues and expenses for the month of June, its first month of operations:
Cash $5,420 Notes payable $13,640
Accounts receivable 4,470 Accounts payable 970
Service revenue 8,320 Supplies expense 1,080
Supplies 2,320 Maintenance and repairs expense 680
Advertising expense 400 Utilities expense 220
Equipment 26,820 Salaries and wages expense 2,220
Common stock 22,410
Required:
In June, the company issued no additional stock but paid dividends of $1,710. Prepare an income statement for the month of June.
Answer:
Net profit is $3,720
Retained earning for the month is $2,010.
Explanation:
Income statement can be described as a financial statement that shows revenue, minus expenses and losses of a company in order to show it net profit. This can be prepared as follows:
Vaughn Manufacturing
Income Statement for the month of June 2017
Particulars Amount ($)
Revenue:
Service revenue 8,320
Expenses:
Supplies expense (1,080)
Maintenance and repairs expense (680)
Advertising expense (400)
Utilities expense (220)
Salaries and wages expense (2,220)
Net profit 3,720
Dividends paid (1,710)
Retained earning for the month 2,010
Factory Overhead Costs During August, Jernigan Company incurred factory overhead costs as follows: indirect materials, $3,040; indirect labor, $5,340; utilities cost, $1,490; and factory depreciation, $5,160. Journalize the entry to record the factory overhead incurred during August. For a compound transaction, if an amount box does not require an entry, leave it blank.
Answer:
Dr Factory Overhead 15,030
Cr Materials 3,040
Cr Wages Payable 5,340
Cr Utilities Payable 1,490
Cr Accumulated Depreciation—Factory 5,160
Explanation:
Preparation of Journal entry to record the factory overhead incurred during August.
Dr Factory Overhead 15,030
(3,040+5,340+1,490+5,160)
Cr Materials 3,040
Cr Wages Payable 5,340
Cr Utilities Payable 1,490
Cr Accumulated Depreciation—Factory 5,160
Suppose that the external cost associated with chewing gum (sticky sidewalks) is 0.5 cents per packet chewed. Most economists would suggest:
Answer:
Doing nothing. Ignore small external costs because the cost of administering a chewing gum tax is likely large relative to the harm prevented
Explanation:
As in the given question it can be seen that the external cost that is attached with the chewing cume would not even a cent as it is only 0.5 cents. Here the value is negligible if the tax is t be charged on this than it would not generate any revenue instead of this the cost of administrative would become high
Therefore the first option is correct
Generally, ____ indicate(s) the size of a firm relative to their sector. Group of answer choices sector ratios market share ratio production ratio concentration ratio
Answer:
b. Market share ratio
Explanation:
When the sizes of firms of a particular sector/market are being compared, a common basis for comparison is on the basis of total sales, a larger firm will have a higher ratio of total sales in the sector.
The "concentration ratio" is derived from the market shares. It gives the sum of market shares of the few largest firms in the sector, and is a measure of market power. It is not the correct choice in this case.
Use the company's financial information below to help answer this question: Market Cap. 3000 Cost of Equity from Security Market Line 16.0% Market Value of Debt Outstanding 2000 YTM on Debt Outstanding 8.0% Effective Tax Rate 30% The company's WACC is closest to: Group of answer choices 9.3% 9.8% 10.6% 11.8% 12.8%
Answer:
The company's WACC is closest to 11.8%
Explanation:
Weighted Average Cost of Capital (WACC) is the Cost to the Company arising from the sources of finance. It shows the return required by holders of permanent capital in the company.
WACC = Cost of Equity x Market Weight of Equity + After Tax Cost of Debt x Market Weight of Debt
where,
Cost of Equity = 16.0 %
Market Weight of Equity = 3,000 ÷ 5,000 = 0.60
Market Weight of Debt = 2,000 ÷ 5,000 = 0.40
After Tax Cost of Debt = interest x ( 1 - tax rate) = 8.0% x (1 - 0.30) = 5.60%
therefore,
WACC = 16.0% x 0.60 + 5.60% x 0.40 = 11.84 %
Something necessary to remain alive is a (an).
Answer:
an apartment
Explanation:
What is the best way to resolve a conflict?
is the best way to resolve a conflict.
Answer:
Hope its this
Explanation:
to Resolve Conflict at Work
Embrace conflict. When conflict arises, don't avoid it or pretend nothing has happened. ...
Talk together. Set up a time and place so you can talk for an extended span without outside interruptions. ...
Listen carefully. ...
Find agreement. ...
Provide guidance. ...
Be quick to forgive.
Answer:
Talk it out in a calm and orderly manner
