Answer:
1.41 Approx
Explanation:
The computation of the beta for the stock T is shown below:
Beta of portfolio = Respective betas × Respective investment weights
1.30 = (0.14 × 0.81) + (0.5 × 1.36) + (0.36 × beta of the Stock T)
1.30 =0.7934 + (0.36 × beta of the Stock T)
beta of the Stock T = (1.3 - 0.7934) ÷ 0.36
= 1.41 Approx
We simply multiplied the beta of each stock with its investment weights order to calculate the beta of the stock T as portfolio beta is given
Determining Cash Payments to Stockholders The board of directors declared cash dividends totaling $209,800 during the current year. The comparative balance sheet indicates dividends payable of $50,400 at the beginning of the year and $45,400 at the end of the year. What was the amount of cash payments to stockholders during the year?
Answer:
$214,800
Explanation:
The amount paid is the sum of the amount declared and the difference in amounts payable.
dividends paid = $209,800 +50,400 -45,400
dividends paid = $214,800
Listening skills are important for career success and organizational effectiveness. Considered one of the soft skills, listening skills allow you to improve the effectiveness of your communication with supervisors, colleagues, and customers. To become a more powerful listener, you can employ a variety of techniques. For example, if you're having trouble focusing on a message, you could_______________
Answer:
Identify the key facts in the message.
Explanation:
Listening skills are important for career success and organizational effectiveness. Considered one of the soft skills, listening skills allow you to improve the effectiveness of your communication with supervisors, colleagues, and customers. To become a more powerful listener, you can employ a variety of techniques.
For example, if you're having trouble focusing on a message, you could identify the key facts contained in that message.
Identifying the key facts implies, you will objectively pick the truths contained therein, as well as high and salient points of the message.
Find online the annual 10-K report for Costco Wholesale Corporation (COST) for fiscal year 2015 (filed in October 2015). Answer the following questions from the income statement:
1. What were Costco's revenues for fiscal year 2015?
2. By what percentage did revenues grow from the prior year?
3. What was Costco's operating income for the fiscal year?
4. What was Costco's average tax rate for the year?
5. What were Costco's diluted earnings per share in fiscal year 2015?
6. What number of shares is this EPS based on?
7. What were Costco's revenues for fiscal year 2015?
Costco's revenues for fiscal year 2015 was_______ million. (Round to the nearest million.)
8. By what percentage did revenues grow from the prior year?
The percentage the revenues grew from the prior year is______ %. (Round to two decimal places.)
9. What was Costco's operating income for the fiscal year?
Costco's operating income for 2015 was________ million. (Round to the nearest million.)
10. What was Costco's average tax rate for the year?
Answer:
Costco's fiscal year ends in August, not October.
1. What were Costco's revenues for fiscal year 2015?
$113,666 million2. By what percentage did revenues grow from the prior year?
(2015 revenue - 2014 revenue) / 2014 revenue = ($133,666 - $110,212) / $110,212 = 21.28%3. What was Costco's operating income for the fiscal year?
$3,624 million4. What was Costco's average tax rate for the year?
total income taxes / income before income taxes = $1,195 / $3,604 = 33.16%5. What were Costco's diluted earnings per share in fiscal year 2015?
$5.376. What number of shares is this EPS based on?
442,716 shares7. What were Costco's revenues for fiscal year 2015?
Costco's revenues for fiscal year 2015 was $113,666 million. (Round to the nearest million.)8. By what percentage did revenues grow from the prior year?
The percentage the revenues grew from the prior year is 21.28%. (Round to two decimal places.)
9. What was Costco's operating income for the fiscal year?
Costco's operating income for 2015 was $3,624 million. (Round to the nearest million.)
10. What was Costco's average tax rate for the year? 33.16%
Explanation:
On the SEC's website you can find information about all publicly traded corporations, including financial statements and other relevant information.
Answer:
I need 1 Brainliest before I can become expert
Explanation:
Esquire Comic Book Company had income before tax of $1,550,000 in 2021 before considering the following material items: 1. Esquire sold one of its operating divisions, which qualified as a separate component according to generally accepted accounting principles. The before-tax loss on disposal was $395,000. The division generated before-tax income from operations from the beginning of the year through disposal of $610,000. 2. The company incurred restructuring costs of $60,000 during the year. Required: Prepare a 2021 income statement for Esquire beginning with income from continuing operations. Assume an income tax rate of 25%. Ignore EPS disclosures.
Answer:
Esquire Comic Book Company
Income Statement
For the Year Ended December 31, 2021
Operating income $1,550,000
Restructuring costs ($60,000)
Income from continuing operations b/ Taxes $1,490,000
Income tax expense ($372,500)
Income from continuing operations $1,117,500
Discontinued operations:
Operating income $610,000Loss on disposal ($395,000)Income tax on discontinued operations ($53,750)Income from discontinued operations $161,250
Net income $1,278,750
Explanation:
Income from discontinued operations must be reported separately, but any restructuring costs must be included as operational expenses.
Brief Exercise 3-5 On July 1, 2017, Major Co. pays $27,600 to Cruz Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Major Co., journalize and post the entry on July 1 and the annual adjusting entry on December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Answer: Please see below
Explanation:
Journal to record the Adjusting entry for Major Co payment to Cruz Insurance
Date Account Debit Credit
July 1 Prepaid insurance $27, 600
Cash $27,600
Date Account Debit Credit
Dec 31 Insurance expense $4,600
Prepaid insurance $4,600
Working : July - december= 6months, insurance contract= 3 years(3x12months =36months )
Insurance expense = $27,600 x
(6/36)= $4,600
Kuzma Foods, Inc. has budgeted sales for June and July at $ 680 comma 000 and $ 765 comma 000, respectively. Sales are 85% credit, of which 70% is collected in the month of sale and 30% is collected in the following month. What is the budgeted Accounts Receivable balance on July 31?
Answer:
$195,075
Explanation:
The computation of the budgeted account receivable balance as on July 31 is shown below:
= July budgeted sales × credit sales percentage × following month percentage
= $765,000 × 85% × 30%
= $195,075
We simply multiplied the July budgeted sales with the credit sales percentage and the following month percentage so that the budgeted account receivable balance could come
