The common stock of Sweet Treats is selling for $45.65 per share. The company is expected to have an annual dividend increase of 2.6 percent indefinitely and pay a dividend of $3.30 in one year. What is the total return on this stock

Answers

Answer 1

Answer:

9.83%

Explanation:

The computation of the total return on the stock is shown below:

As we know that

Share price = Next year dividend ÷ (Required rate of return -  growth rate)

$45.65 = $3.30 ÷ (Required rate of return - 2.6%)

Let us assume the required rate of return be X

So,

$45.65 × X - 1.1869 = $3.30

$45.65  × X = $3.30 + $1.1869

So, the X is 9.83%

Hence, the total return on the stock is 9.83%


Related Questions

g A statement describing how the world is a. is a normative statement. b. is a positive statement. c. would only be made by an economist speaking as a policy adviser. d. would only be made by an economist employed by the government.

Answers

Answer:

b. is a positive statement

Explanation:

Positive statements describes what is and not ones personal opinion or value judgements.

An example of a positive statment is when prices increase, demand falls.

A normative statement describes value judgement and it is not based on empirical evidence.

An example of a normative statment is the government ought to increase prices of junk food so people can eat more healthy food.

I hope my answer helps you

At December 31, 2010, Aaliyah Company reports the following results for its calendar year.

Cash sales........... $1905,000
Credit sales......... 5682000

In addition, its unadjusted trial balance includes the following items

Accounts receivable $1,270,100 debit
Allowance for doubtful accounts 16,580 debit


Required
1. Prepare the adjusting entry for Aaliyah Co. to recognize bad debts under each of the following independent assumptions:
a. Bad debts are estimated to be 1.5% of credit sales.
b. Bad debts are estimated to be 1% of total sales.
c. An aging analysis estimates that 5% of year-end accounts receivable are uncollectible.

2. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2010, balance sheet assuming that an aging analysis estimates that 5% of year-end accounts receivable are uncollectible.

Answers

Answer:

1.

                                             Debit               Credit    

31-Dec-10      

(a) Bad debt Expense A/c 85,230    

         To Allowance for Doubtful Accounts A/c 85,230    

(b) Bad debt Expense A/c 75,870    

         To Allowance for Doubtful Accounts A/c 75,870    

(c) Bad debt Expense A/c 80,085    

         To Allowance for Doubtful Accounts A/c 80,085

2.

Current Assets                                     Amount in $ Amount in $    

Account Receivables                                1,270,100    

Less: Allowance for doubtful accounts -85,230             1,184,870

Explanation:

1. In order to prepare the adjusting entry we would have to make the following calculations:

(a) Bad debts estimated =1.5% on Credit sales =$5682,000 *1.5% =$85,230    (b) Bad debts estimated =1% on Total sales =($5682,000 +$ 1905,000) *1% =$75,870  

(c ) Bad debts estimated =5% on year end receivables + Debit Balance =5% *1270100   +16580 =$80085

                                              Debit               Credit    

31-Dec-10      

(a) Bad debt Expense A/c 85,230    

         To Allowance for Doubtful Accounts A/c 85,230    

(b) Bad debt Expense A/c 75,870    

         To Allowance for Doubtful Accounts A/c 75,870    

(c) Bad debt Expense A/c 80,085    

         To Allowance for Doubtful Accounts A/c 80,085

2.  Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31, 2010, balance sheet as follows:

Current Assets                                     Amount in $ Amount in $    

Account Receivables                                1,270,100    

Less: Allowance for doubtful accounts -85,230             1,184,870

Business process design (BPD) is also adequately named the following except:__________.
a. Reengineering
b. Business process innovation
c. Business process engineering
d. Downsizing or restructuring

Answers

The correct answer is D , Hope this helps you

March 1 Paid monthly rent of $890. 3 Performed services for $100 on account. 5 Performed services for cash of $55. 8 Purchased equipment for $445. The company paid cash of $60 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $390. 22 Paid utilities of $54. 24 Borrowed $1,110 from Grafton State Bank by signing a note. 27 Paid $160 to repair service for plumbing repairs. 28 Paid balance amount owed from equipment purchase on March 8. 30 Paid $1,330 for six months of insurance. Journalize the transactions.

Answers

Answer:

                             Journal Entries    

Date  Account titles & explanations Debit Credit  

Mar-01                 Rent expense           890  

                                  To cash                890  

Mar-03              Account receivable       100  

                           To service revenue                100  

Mar-05                          Cash      55  

                               Service revenue                 55  

Mar-08                       Equipment            455  

                                        Cash                  60  

                               accounts payable                395  

Mar-12                              Cash      100  

                             To account receivable                100  

Mar-14                    Wage expense     390  

                                      To cash                 390  

Mar-22                   Utility expense        54  

                                       To cash                 54  

Mar-24                          Cash       1,110  

                             To notes payable               1,110  

Mar-27                Repair & maintenance       160  

                                       To cash                 160  

Mar-28                 Accounts payable       395  

                                         To cash                 395  

Mar-30                   Prepaid Insurance            1,330  

                                         To cash                1,330

Explanation:

Smiley Corporation wholesales repair products to equipment manufacturers. On April 1, Year 1, Smiley issued $1,400,000 of 5-year, 6% bonds at a market (effective) interest rate of 3%, receiving cash of $1,593,666. Interest is payable semiannually on April 1 and October 1.

Required:
a. Journalize the entries to record the following.

1. Issuance of bonds on April 1, Year 1.
2. First interest payment on October 1, Year 1, and amortization of bond premium for six months, using the straight-line method. (Round to the nearest dollar.)

b. Explain why the company was able to issue the bonds for $22,282,220 rather than for the face amount of $21,300,000.

Answers

Answer:

a. Journalize the entries to record the following.

1. Issuance of bonds on April 1, Year 1.

Dr Cash 1,593,666

    Cr Bonds payable 1,400,000

    Cr Premium on bonds payable 193,666

2. First interest payment on October 1, Year 1, and amortization of bond premium for six months, using the straight-line method. (Round to the nearest dollar.)

premium per coupon = $193,666 / 10 coupons = $19,366.60

Dr Interest expense 22,633.40

Dr Premium on bonds payable 19,366.60

    Cr Cash 42,000

b. Explain why the company was able to issue the bonds for $1,593,666 (not $22,282,220) rather than for the face amount of $1,400,000 (not $21,300,000).

Since the bond's coupon rate was higher than the market rate, investors were willing to pay more for the bond (premium) than its face value. At $1,593,666, the actual returns will equal the returns of a $1,400,000 bond issued at market rate.

17
A property company received cash for property rentals totalling $738,400 during the
year to 31 December 2009. Figures for rent received in advance and rent in arrears at
the beginning and end of the year were as follows.
31 December 2008
31 December 2009
Rent received in advance
125,300
77,700
Rent in arrears
(all subsequently paid, no bad debts)
39,600
41,100
What amount should appear in the company's income statement for the year ended 31
December 2009 for rental income?​

Answers

Answer:

$764,400

Explanation:

Payment in advanced are prepayment which are treated as current liability until the service is delivered and sales income are credited while the .prepayment account are debited.

Accrual payment are payment for service already delivered which are current liability (receivables)

Rental income received  =                       $738,000

Rent in advance as at 31/12/2008              102,600

(prepayment for 2009)

Rent in advance as at 31/12/2009                (77,700)

Prepayment for 2010

Rent in arrears as at 31/12/2008                   (39,600)

Accrued payment for 2008

Rent in arrears as at 31/12/2009                      41,100

Recognized income                                      764,400

Matt Winne​, Inc. issued $ 1 comma 000 comma 000 of 9​%, nine​-year bonds payable on January​ 1, 2018. The market interest rate at the date of issuance was 6​%, and the bonds pay interest semiannually.
1) How much cash did the company receive upon issuance of the bonds​ payable?
2) Prepare an amortization table for the bond using the​effective-interest method, through the first two interest payments.​ (Round to the nearest​ dollar.)
3) Journalize the issuance of the bonds on January​ 1, 2018​, and the first and second payments of the semiannual interest amount and amortization of the bonds on June​ 30, 2018​, and December​ 31, 2018. Explanations are not required. ​
4) Journalize the payment of the first semiannual interest amount and amortization of the bond on June​ 30, 2018
5) Journalize the payment of the second semiannual interest amount and amortization of the bond on December​ 31, 2018.​

Answers

Answer:

1) $1,223,163

2) bond premium amortization coupon 1 = $8,305

bond premium amortization coupon 2 = $8,554

3)

January 1, 2018, bonds are issued

Dr Cash 1,223,163

    Cr Bonds payable 1,000,000

    Cr Premium on bonds payable 223,163

4)

June 30, 2018, first coupon payment

Dr Interest expense 36,695

Dr Premium on bonds payable 8,305

    Cr Cash 45,000

5)

December 31, 2018, second coupon payment

Dr Interest expense 36,446

Dr Premium on bonds payable 8,554

    Cr Cash 45,000

Explanation:

bonds price = PV of face value + PV of coupons

PV of face value = $1,000,000 / 1.03²⁰ = $553,675.75

PV of coupon payments = $45,000 x 14.8775 (annuity factor 3%, 20 payments) = $669,487.50

issue price = $553,675.75 + $669,487.50 = $1,223,163.25 ≈ $1,223,163

Dr Cash 1,223,163

    Cr Bonds payable 1,000,000

    Cr Premium on bonds payable 223,163

amortization coupon 1 = $45,000 - ($1,223,163 x 3%) = $45,000 - $36,695 = $8,305

amortization coupon 2 = $45,000 - ($1,214,858 x 3%) = $45,000 - $36,446 = $8,554

The Foundational 15 [LO10-1, LO10-2, LO10-3]
[The following information applies to the questions displayed below.]
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
Direct materials: 5 pounds at $9 per pound $ 45
Direct labor: 3 hours at $14 per hour 42
Variable overhead: 3 hours at $9 per hour 27
Total standard cost per unit $ 114
The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 24,800 units and incurred the following costs:
Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production.
Direct laborers worked 65,000 hours at a rate of $15 per hour.
Total variable manufacturing overhead for the month was $612,300.
rev: 11_20_2017_QC_CS-109672
Foundational 10-12
What variable manufacturing overhead cost would be included in the company’s planning budget for March?

Answers

Answer:

$540,000

Explanation:

The amount on of variable manufacturing overhead cost to be included in the company's planning budget for March is budgeted production units of 20,000 units multiplied by standard direct labor hours of 3 hours per unit multiplied by cost of direct labor hour used for variable overhead which is $9.

budgeted variable overhead cost for March=20,000*3*$9=$540,000.00  

However, the actual cost of variable manufacturing overhead for the month is $612,300,hence an adverse variance of $72,300 is recorded ($612,300-$540,000)

Sarbanes-Oxley Act requires each of the following: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
Required information An internal control system consists of the policies and procedures managers use to protect assets, ensure reliable accounting, promote efficient operations, and uphold company policies. It can prevent avoidable losses and help managers both plan operations and monitor company and human performance. Principles of good internal control include establishing responsibilities, maintaining adequate records, insuring assets and bonding employees, separating recordkeeping from custody of assets, dividing responsibilities for related transactions, applying technological controls, and performing regular independent reviews. Knowledge Check 01 Sarbanes-Oxley Act requires each of the following: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark willl be automatically graded as incorrect.) An effective internal control ? Light penalties for violators Auditors must evaluate internal controls Auditor's work overseen by Public Accounting Board

Answers

Answer: An effective Internal Control

Auditors must evaluate internal controls

Auditor's work overseen by Public Accounting Board

Explanation:

The early part of the 21st century saw shocking financially improper activities by companies such as WorldCom and Enron exposed to the world. Investor Confidence was shaken and the government needed to do something to restore it.

This was why in 2002, the US Congress passed the Sarbanes-Oxley act that aimed to ensure that the actions of those companies were never repeated.

The act requires the following;

a) An effective Internal Control

The act requires that companies enact very effective Internal controls to detect financial irregularities and even went forward to make it the responsibility of the Top Executives to ensure that this is so.

b) Auditors must Evaluate Internal Controls.

Auditors had to change their auditing strategies that were deemed inefficient. They are now required to properly evaluate in-depth, the internal controls that a company adopts to be able to give an opinion on it and they do this based on the guidelines of the Public Accounting Board.

c) Auditor's work overseen by Public Accounting Board

The Public Company Accounting Oversight Board (PCAOB)  was established by the Sarbanes-Oxley Act with it's main purpose being to monitor and oversee auditors as they audit companies so that they may protect the public from false financial information. They set rules and standards that Auditors must follow and these rules in turn have to be approved by the Securities and Exchanges Commission (SEC).

To ensure that the deeds of those corporations were never repeated, the US Congress created the Sarbanes-Oxley act in 2002:

An effective Internal Control.Auditors must evaluate internal controls.Auditor's work overseen by Public Accounting Board.

US Congress passed the Sarbanes-Oxley act, all financial reports must contain an Internal Controls Report demonstrating that the company's financial data is accurate and that sufficient controls are in place to protect it.

A yearly evaluation of internal controls by a third-party CPA firm to see how successful each one is. The auditor of a publicly traded firm must vouch for management's evaluation of internal controls and provide a report on it.

As a result, the significance of the Sarbanes-Oxley Act requires are the aforementioned.

Learn more about on Internal Controls, here:

https://brainly.com/question/29737044

#SPJ6

Oriole Distribution Co. has determined its December 31, 2020 inventory on a LIFO basis at $1007000. Information pertaining to that inventory follows: Estimated selling price $1050000 Estimated cost of disposal 43000 Normal profit margin 123000 Current replacement cost 927000 Oriole records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2020, the loss that Oriole should recognize is

Answers

Answer:

At December 31, 2020, the loss that Oriole should recognize is $123,000

Explanation:

Given:

Estimated selling price = $ 1,050,000

Estimated cost of disposal = $43,000

Normal profit margin = $123,000

Current replacement cost = $927,000

Net realizable value of the inventory = Estimated selling price - Estimated cost of disposal

Net realizable value = $1,050,000 - $43,000 = $1,007,000

Replacement cost = $927,000

Net realizable value - Normal profit = $1,007,000  - $123,000 = $884,000

The replacement cost will be taken as the market value of the inventory because it is higher than the floor (net realizable value - normal profit) and lower than ceiling (net realizable value).

Cost of inventory = $1,007,000

Loss to be recognized using lower of cost or market rule  = Cost - market value

= $1,007,000 - $884,000 = $123,000

Assume that the public in the small country of Sylvania does not hold any cash. Commercial​ banks, however, hold 10 percent of their checking deposits as excess​ reserves, regardless of the interest rate. In the questions that​ follow, the​ "money multiplier" is given by 1 / (RR + ER ).

Where

RR ​= the percentage of deposits that banks are required to keep as reserves
ER ​= the percentage of deposits that banks voluntarily hold as excess reserves

Consider the balance sheet of one of several identical​ banks:

Assets Liabilities and Net Worth
Reserves 400 Checking Deposits 2,000
Loans 1,600 Net Worth 0
Total Assets 2,000 Liabilities and Net Worth 2,000

The required reserve ratio in this economy is _________​%. ​(Enter your response as an integer​.)
If the total money stock (supply) is $600,000, the total amount of reserves held in the banking system is_____ $

Answers

Answer and Explanation:

The computation is shown below:

(1) The required reserve ratio is

= Required reserves ÷ Checkable deposit

where,

Required reserves

= Total reserves - Excess reserves

= 400 - 2,000 × 10%

= $400 - $200

= $200

And, the checkable deposit is $2,000

So, the required reserve ratio is

= $200 ÷ $2,000

= 10%

(2) Now the total amount of reserves is

But before that first we have to determine the money multiplier is

Money multiplier (MM) = 1  ÷ (ER + RR)

= 1  ÷ (0.10 + 0.10)

= 1 ÷ 0.20

= 5

Now

Monetary base (MB) is

= Money stock  ÷ Money multiplier

= $600,000 ÷ 5

= $120,000

And as we know that

Monetary base = Currency + Reserves, and Currency (i.e held by public) = 0

So,

Reserves = Monetary base = $120,000

Selected accounts from the ledger of Garrison Company appear below. For each account, indicate the following:
a. In the first column at the right, indicate the nature of each account, using the following abbreviations: Asset - A Revenue - R Liability - L Expense - E None of the above - N
b. In the second column, indicate the increase side of each account by inserting "Dr." for Debit or "Cr." for Credit.
Account Type of Account Increase Side
(1) Supplies
(2) Fees Earned
(3) Retained Earnings
(4) Accounts Payable
(5) Salaries Expense
(6) Common stock
(7) Accounts Receivable
(8) Equipment
(9) Notes Payable

Answers

Answer & Explanation:

Account                 Type of Account         Increase side  

Supplies                     Asset                        Debit

Retained Earnings    Capital                      Credit

Fees Earned             Revenue                    Credit

Accounts Payable     Liability                      Credit

Salary                          Expense                   Debit

Common Stock           Asset                        Debit

Account Receivable     Asset                        Debit

Equipment                    Asset                       Debit

Notes Payable              Liability                    Credit  

Dollar-value LIFO:

a. Starts with ending inventory measured at current costs and re-creates LIFO layers for measuring inventory costs.
b. Increases the recordkeeping costs of LIFO.
c. Only is allowed for internal reporting purposes.
d. None of these answer choices are correct.

Answers

Answer:

a. Starts with ending inventory measured at current costs and re-creates LIFO layers for measuring inventory costs.

Explanation:

Dollar-value LIFO refers a technique of accounting that employed for inventory based on the last-in-first-out model.

To obtain the dollar-value LIFO, the conversion price index that will be used to calculate the LIFO cost layer for each period must be calculated first.

Therefore, Dollar-value LIFO starts with ending inventory measured at current costs and re-creates LIFO layers for measuring inventory costs.

Ben has two options this weekend. He could work at his job and earn $8 per hour for three hours, or he could go to an exhibit at the art museum for that three hours. A ticket for the event costs $30. What is the opportunity cost of the event?

Answers

Answer:

Opportunity cost= -$54

Explanation:

Giving the following information:

He could work at his job and earn $8 per hour for three hours, or he could go to an exhibit at the art museum for those three hours. A ticket for the event costs $30.

The opportunity cost is the "cost" of not taking other alternatives.

Opportunity cost= total revenue - economic profit

Opportunity cost= -30 - 24= -$54

Price serves as a a. rationing device. b. transmitter of information. c. means of determining who gets what of the available limited resources and goods. d. a and b e. all of the above

Answers

Answer:

e. all of the above

Explanation:

Price are an mechanism that serve to coordinate economic activity. They help coordinate economic decisions such as rationing, they transmit information, and they also help economic agents make decisions about what to sell, what to buy, what to exchange, and so on.

Joanna was laid off from her job 11 months ago. After searching for a job for months, Joanna finds a job but is only offered part-time work. Joanna would rather be working full-time. Economists would classify Joanna as

Answers

Answer:

Underemployed.

Explanation:

This is basically explained as not having enough payed job or working part time; it is also explained to not be usually able to maximize your skills or bring the best in you in the nearest future. In some cases it is a situation of insufficient employment pattern towards a skilled man or a worker in any field that is been presented as the case may be.

This can be seen in a part-time job despite having a burning passion for full time work, and also over-qualification.

gThe fact that flotation costs can be significant is justification for: maintaining a low dividend policy and rarely issuing extra dividends. a firm to issue larger dividends than their closest competitors. maintaining a high dividend policy. maintaining a constant dividend policy even when profits decline significantly. a firm to maintain a constant dividend policy even if they frequently have to issue new shares of stock to do so.

Answers

Answer:

Maintaining a low dividend policy and rarely issuing extra dividends.

Explanation:

This cost is said to be accumulated or generated by a company when dealing new security systems or organisation into the company. This happens in a registered or legal form of absorption of the said body. And this is been applied or shown in percentages during summation or analysis.

Many factors affect flotation which ranges from the type of issued securities, their size, and risks associated with the transaction. It is generally lower than those for issuing common shares. It is shown as the issuance of common shares typically ranges from 2% to 8%.

Charles is a stay-at-home parent who lives in New York City and teaches tennis lessons for extra cash. At a wage of $25 per hour, he is willing to teach 6 hours per week. At $35 per hour, he is willing to teach 16 hours per week. Using the midpoint method, the elasticity of Teresa’s labor supply between the wages of $25 and $35 per hour is approximately _________ , which means that Teresa’s supply of labor over this wage range is _________

Answers

Answer:

2.75, elastic.

Explanation:

Measure labor supply elasticity of Individual T's as follows :

              [tex]\bf Elasticity=\frac{Percent \;change\;in\;labour\;hr}{\frac{Average\;labour\;hour}{\frac{Percent\;change\;in\;wage\;price}{Average\;wage\;price} } }[/tex]

                                [tex]\bf =\frac{16-6}{\frac{16+6}{\frac{2}{\frac{35-25}{\frac{35+25}{2} } } } }[/tex]

                                [tex]\bf=\frac{10}{\frac{11}{\frac{10}{30} } }[/tex]

                                [tex]\bf=\frac{0.91}{0.33}[/tex]

                                [tex]=2.75[/tex]

Therefore, the elasticity of the labour supply of Individual T's is approx. of earnings per hour. 2.75, meaning that the work supply of Person T's is elastic across this wage range

Kela Corporation reports net income of $470,000 that includes depreciation expense of $83,000. Also, cash of $44,000 was borrowed on a 6-year note payable. Based on this data, total cash inflows from operating activities are: Multiple Choice $514,000. $553,000. $597,000. $387,000.

Answers

Answer:

The Total cash inflows from operating activities are $553,000

Explanation:

According to the given data, the Statement of Cash Flow from Operating Activities would be as follows:

Statement of Cash Flow from Operating Activities  

Particulars Amount                             Total Amount

Income              $470,000  

Depreciation      $83,000  

Cash flow from operating activities        $553,000

The cash of $44,000 was borrowed on a 6-year note payable. It is Financing Activity since note is long term

Therefore, total cash inflows from operating activities are $553,000

The main cause of downsizing, refocusing, and outsourcing during the latter part of the 20th century was: Group of answer choices (a) Developments in IT—especially the advent of the internet (b) A more turbulent business environment Both (a) and (b) Neither (a) nor (b)

Answers

Answer:  Both (a) and (b)

Explanation:

Developments in IT—especially the advent of the internet

The latter 20th century saw many technological changes as the world evolved in IT. Markets that were not previously accessible became more accessible and many new products were created and flourished. The internet brought markets and people together and there was an immense opportunity for growth and success. This forced companies to adapt to the new environment because failure to take advantage on the new opportunities that IT offered could spell doom. Companies responded by downsizing to take advantage of better production technologies that required less people, they refocused their strategies to enable higher productivity and with IT making the world so interconnected, they were able to outsource production to cheaper places knowing that they could maintain regular contact with such place. These are but a few reasons why.

A more turbulent business environment.

The latter 20th century also saw a wave of turbulence in the business world. With a rise in nationalistic feelings and conflict that made acquiring raw materials harder such as the oil crises of the '70s and the 80s. This as well as the presence of more companies which led to increased competition forced some companies to engage in actions necessary for survival. They had to downsize, refocus and sometimes outsource to remain profitable.

g Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $43,000 and variable expenses of $11,980. Product H50G had sales of $56,000 and variable expenses of $14,750. The fixed expenses of the entire company were $46,180. The break-even point for the entire company is closest to:

Answers

Answer:

$63,260

Explanation:

Break-even point is the level of Activity where a firm neither makes a profit nor a loss.

Break even point (Dollars) = Fixed Costs / Contribution Margin Ratio

Contribution Margin Ratio

Is calculated as := Contribution / Sales

                           = (Sales less Variable Costs) / Sales    

                           = ($43,000+$56,000-$11,980-$14,750) / $99,000

                           = $72,270/$99,000

                           = 0.73

Break even point (Dollars) = $46,180 /  0.73

                                            = $63,260

Why are z-scores useful?
A. They help us calculate average sales.
B. They assume a non-normal distribution
C. They let us compare variables with different scales
D. They allow us to calculate the percentage of profits

Answers

Answer:

[tex]\pi \: option \: a \: and \: c \: [/tex]

Explanation:

Hope it works out !!!

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 4.4%. The probability distributions of the risky funds are: Expected Return Standard Deviation Stock fund (S) 14% 34% Bond fund (B) 5% 28% The correlation between the fund returns is 0.0214. What is the expected return and standard deviation for the minimum-variance portfolio of the two risky funds

Answers

Answer:

Explanation:

Expected Return stock fund ([tex]E_{rs[/tex]) = 14% = 0.14,  Expected Return bond fund ([tex]E_{rb[/tex]) = 5% = 0.05, Standard Deviation  stock fund ([tex]\sigma_s[/tex]) = 34% = 0.34, Standard Deviation  bond fund ([tex]\sigma_b[/tex]) = 28% = 0.28, correlation (ρ) between the fund returns is 0.0214

Account A pays simple interest.
Future ValueA = Principal + Interest
= Principal + [(Principal x Interest Rate) x Investment Period]
= $2,000 + [($2,000 x 996) x 3 years]
Future Value of Account X Note: Account X pays compound interest.
Future Valuex = Present Value x Interest Rate Factor
= Present Valuex(1 +Interest Rate)n years
= $2,000 x (1 + 0.09)3
To find the interest rate factor, you can use three different ways, including multiplying it out:
Interest Factor(1 0.09) x (1 0.09) x (1 0.09)1.2950
Or using exponents and calculating it directly:
Interest Factor(10.09)31.2950
Or looking up the value in the Future Value Interest Factor Table:

Interest Factors
Periods 6% 7% 8% 9% 10 11
1 1.0600 1.0700 1.0800 1.0900 1.1000 1.1100
2 1.1236 1.1449 1.1664 1.1881 1.2100 1.2321
3 1.1910 1.2250 1.2597 1.2950 1.3310 1.3676
4 1.2625 1.3108 1.3605 1.4116 1.4641 1.5181
The fourth alternative for solving the equations is to let a financial calculator perform the calculation. This requires that you know how your calculator functions and how to enter the following variables:
P/ Y N I / YR PV FV
1 3 9 2,000
P/Y indicates the number of compounding periods per year, N is the number of years, I is the interest rate, PV is present value, and FV is future value.
Difference in Future Values
Difference = FVx_FVA

Answers

Answer:

Explanation:

                          Interest Factors

Periods          6%       7%          8%                  9%            10%             11 %

1                 1.0600      1.0700     1.0800        1.0900     1.1000        1.1100

2                1.1236      1.1449         1.1664         1.1881      1.2100        1.2321

3                1.1910       1.2250      1.2597         1.2950     1.3310         1.3676

4                1.2625      1.3108     1.3605          1.4116       1.4641          1.5181

1)

Future value paying simple interest = Principal + [( principal * interest) * investment period]

Future value paying simple interest = $2,000 + [ ( $2,000 * 9%) * 3]

Future value paying simple interest = $2,000 + 540

Future value paying simple interest = $2,540

2)

Future value paying compound interest = Present value * ( 1 + interest)n

Future value paying compound interest = $2,000 * ( 1 + 0.09)3

Future value paying compound interest = $2,000 * 1.295029

Future value paying compound interest = $2,590.058

3)

Difference = $2,590.058 - 2,540

Difference = $50.058

Rick is planning to invest the following amounts at 7 percent: $254 at the end of year 1, $412 at the end of year 2, and $1,230 at the end of year 3. How much money will he have saved at the end of year 3

Answers

Answer:

$1,961.65

Explanation:

The formula for finding future value :

FV = P (1+r)^n

P = Present value

R = interest rate

N = number of years

First step is to find the present value of the cash flows.

PV can be found using a financial calculator

Cash flow in year 1 = $254

Cash flow in year 2 = $412

Cash flow in year 3 = $1,230

I = 7%

Present value = $1,601.29

I would now input the value of p in the FV formula

$1,601.29 ( 1 + 0.07) ^3 = $1,961.65

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred.
Sept. 6 Purchased calculators from Blossom Co. at a total cost of $1,750, terms n/30.
9 Paid freight of $50 on calculators purchased from Blossom Co.
10 Returned calculators to Blossom Co. for $58 credit because they did not meet specifications.
12 Sold calculators costing $510 for $700 to Fryer Book Store, terms n/30.
14 Granted credit of $35 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $25.
20 Sold calculators costing $680 for $880 to Heasley Card Shop, terms n/30.
SHOW ALL WORK LIKE A JOURNAL ENTRY SHOULD LOOK.

Answers

Answer:

See the journal and the explanation underneath each transaction below.

Explanation:

The journal entry will look as follows:

Date           Details                                      Dr ($)             Cr ($)  

Sept. 06     Merchandise Inventory           1,750

                   Accounts payable                                         1,750

To record purchase of calculators on account.                          

Sept. 09     Merchandise Inventory              50

                  Cash                                                                    50

To record Freight paid on purchase of Merchandise Inventory.

Sept. 10     Accounts payable                        58

                  Merchandise Inventory                                      58

To record calculator returned Blossom Co.                                  

Sept. 12      Accounts Receivable               700

                   Sales                                                                 700

To record sale of calculators on account.                                      

Sept. 12       Cost of goods sold                    510

                   Merchandise Inventory                                    510

To transfer cost of calculators sold.                                                

Sept. 14        Sales return and discounts       35

                    Accounts receivable                                        35

To record return of calculator sold which was not ordered.          

Sept. 14         Merchandise Inventory             25

                     Cost of goods sold                                          25

To record cost of goods sold that was returned.                            

Sept. 20        Accounts Receivable               880

                      Sales                                                              880

To record calculators sold on account.                                            

Sept. 20         Cost of goods sold                   680

                       Merchandise Inventory                                680

To record cost of goods sold.                                                          

Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2018.Power Drive has the following transactions affecting stockholders' equity in 2018.March 1 Issues 58,000 additional shares of $1 par value common stock for $55 per share.May 10 Repurchases 5,300 shares of treasury stock for $58 per share.June 1 Declares a cash dividend of $1.65 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.)July 1 Pays the cash dividend declared on June 1.October 21 Reissues 2,650 shares of treasury stock purchased on May 10 for $63 per share.Power Drive Corporation has the following beginning balances in its stockholders' equity accounts on January 1, 2018: Common Stock, $100,000; Additional Paid-in Capital, $4,800,000; and Retained Earnings, $2,300,000. Net income for the year ended December 31, 2018, is $630,000.Required:Prepare the statement of stockholders’ equity for Power Drive Corporation for the year ended December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.)

Answers

Answer and Explanation:

The Preparation of statement of stockholders’ equity is shown below:-

                  Statement of Stockholder's Equity

                         Power Drive Corporation

               For the year ended December 31, 2018

Particulars      Common   Additional    Retained   Treasury   Total

                          stock        paid in          Earning       Stock    Stockholder

                                           capital                                                equity

Jan 1 Balance  100,000  $4,800,000 $2,300,000   0       $7,200,000

Issued common

stock                58,000    $3,132,000      0                 0       $3,190,000

                (58,000 × $1) (58,000 × $54)

Purchase treasury

stock                                                                    -$307,400 -$307,400

                                                                               (5,300 × $58)

Dividends                                              -$251,955                -$251,955

                                        ((100,000 + 58,000 - 5,300) × $1.65)

Sale of Treasury

stock                                  $13,250                       $153,700   $166,950

                                     (2,650 × $5)                   (2,650 × $58)

Net Income                                              $630,000                $630,000

Balance,

December

31            158,000    $7,945,250   $2,678,045  -$153,700 $10,627,595

Total Stockholder's equity  is

= Common stock + Additional paid in capital + Retained earnings - Treasury stock

= 158,000  + $7,945,250  + $2,678,045  - $153,700

= $10,627,595

Heidi Ganahl says Camp Bow Wow promotes a scrappy "we-can-conquer-all" work attitude that helps individuals overcome challenges. This attitude is especially useful for businesses that exist within:_____

Answers

Answer:

Simple environments

Explanation:

Answer:

Simple enviroments

Explanation:

Pincus Associates uses the allowance method to account for bad debts. During 2021, its first year of operations, Pincus provided a total of $156,000 of services on account. In 2021, the company wrote off uncollectible accounts of $6,300. By the end of 2021, cash collections on accounts receivable totaled $132,300. Pincus estimates that 10% of the accounts receivable balance at 12/31/2021 will prove uncollectible.
Required:
1. & 2. What journal entry did Pincus record to write off uncollectible accounts during 2021 and to recognize bad debt expense for 2021? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Journal entry worksheet
Record the write-offs of allowance for uncollectible accounts during 2021.
Note: Enter debits before credits.
Event General Journal Debit Credit
1
record to recognize bad debt expense for 2021.
Note: Enter debits before credits.
Event General Journal Debit Credit
2

Answers

Answer: the answer is given below

Explanation:

It should be noted that the account receivable ending balance was calculated as:

Credit sales = 156,000

Less: collection of account= 132,300

Less: written off = 6,300

= 17,400

The bad debt expense was calculated as:

= (17,400 × 10%) + 6300

= (17400 × 0.1) + 6300

= 1740 + 6300

= 8040

Other explanation have been attached.

Krisp Systems decides to move production to a developing country where they are free to pump pollutants into the atmosphere without legal restriction. By doing this, the company is contributing to:_______
a. corporate social responsibility.
b. corruption.
c. cultural relativism.
d. the global tragedy of the commons.
e. sustainability

Answers

Answer: the global tragedy of the commons

Explanation:

The tragedy of the commons is a term that is used to refer to a situation whereby resources that are held in common by everyone but owned by no one and is therefore overused by individuals which results in degradation.

Krisp Systems moves production to a developing country where they can pump pollutants into the atmosphere without any legal restriction will lead to

global tragedy of the commons. Here, the global tragedy is that Krisp system will only work in their own interest and exploit the resources at the detriment of the people which will lead to pollution.

Answer:

d. the global tragedy of the commons.

Explanation:

The tragedy of the commons is a situation that arises as a result of the selfish interest of people who exploit the shared economic resources at the expense and detriment of other users of the resources in the environment. Activities which result in Tragedy of the commons would cause pollution of the environment, excessive consumption, as well as the depletion of resources. A way to curb this sort of exploitation is by the regulation of the activities of companies by the government. This would ensure that certain limits are not overstepped.

When Krisp Systems decides to bypass this regulation by moving to a developing country where they are free to pump pollutants into the atmosphere, they are in effect contributing to the tragedy of the commons.

Other Questions
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