Answer:
a) 22.663%
b) 44%
c) 38.3%
Explanation:
An office manager has received a report from a consultant that includes a section on equipment replacement. The report indicates that scanners have a service life that is normally distributed with a mean of 41 months and a standard deviation of 4 months. On the basis of this information, determine the percentage of scanners that can be expected to fail in the following time periods:
We solve the above question using z score formula
z = (x-μ)/σ, where
x is the raw score
μ is the population mean = 41 months
σ is the population standard deviation = 4 months
a. Before 38 months of service
Before in z score score means less than 38 months
Hence,
z = 38 - 41/4
z = -0.75
Probability value from Z-Table:
P(x<38) = 0.22663
Converting to percentage = 0.22663 × 100
= 22.663%
b. Between 40 and 45 months of service
For x = 40 months
z = 40 - 41/4
z = -0.2
Probability value from Z-Table:
P(x = 40) = 0.40129
For x = 45
z = 45 - 41/4
z = 1
Probability value from Z-Table:
P(x = 45) = 0.84134
Between 40 and 45 months of service
= 0.84134 - 0.40129
= 0.44005
Converting to Percentage
= 0.44005 × 100
= 44.005%
= 44%
c. Within ± 2 months of the mean life
+ 2 months = 41 months + 2 months
= 43 months
- 2 months = 41 months - 2 months
= 39 months
For x = 43
z = 43 - 41 /4
z = 0.5
P-value from Z-Table:
P(x = 43) = 0.69146
For x = 39
z = 39 - 41/4
z = -2/4
z = -0.5
Probability value from Z-Table:
P(x = 39) = 0.30854
Within ± 2 months of the mean life
= 0.69146 - 0.30854
= 0.38292
= 38.3%
Antiques ‘R’ Us is a mature manufacturing firm. The company just paid a dividend of $11.60, but management expects to reduce the payout by 5.25 percent per year, indefinitely. If you require a return of 11 percent on this stock, what will you pay for a share today?
If you require a return of 11% on this stock, you would be willing to pay approximately $191.13 for a share of Antiques 'R' Us today.
To determine the current share price of Antiques 'R' Us, we can use the dividend discount model (DDM) which calculates the present value of future dividends.
Given:
Dividend just paid = $11.60
Dividend reduction rate = 5.25% per year
Required return = 11%
We need to find the present value of future dividends to calculate the current share price.
Step 1: Calculate the expected dividend in the next period:
Expected dividend in the next period = Dividend just paid × (1 - Dividend reduction rate)
Expected dividend in the next period = $11.60 × (1 - 0.0525) = $11.60 × 0.9475 = $11.007
Step 2: Calculate the present value of future dividends:
Present value of future dividends = Expected dividend in the next period / (Required return - Dividend reduction rate)
Present value of future dividends = $11.007 / (0.11 - 0.0525) = $11.007 / 0.0575 = $191.13
Step 3: Calculate the current share price:
Since the dividend reduction rate is applied indefinitely, the current share price is the present value of future dividends.
Current share price = $191.13
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If a nation's economy is based primarily on businesses that produce goods rather than services, what would you expect to be true about the goods you buy?
A. Imported goods may cost less than domestic goods.
B. Domestic goods may not have the same quality as imported goods.
C. Imported goods may cost more than domestic goods.
D. Domestic goods may be less expensive in foreign markets.
You expect to be true about goods you buy is imported goods may cost more than the domestic goods.
What are imported goods?Imported goods are products and services that are brought into a country from another country for the purpose of trade or consumption. These goods can include raw materials, finished goods, machinery, technology, and even skilled labor. The importation of goods is a critical aspect of international trade, as it enables countries to access products and services that may not be available locally or that may be available at a lower cost. In addition, imported goods often provide consumers with greater choice and variety, which can help to stimulate demand and competition in local markets. However, the importation of goods can also have negative effects on local industries and jobs, as imported goods may be cheaper and more competitive than locally-produced goods.
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Horford Co. has no debt. Its cost of capital is 8.9 percent. Suppose the company
converts to a debt-equity ratio of 1.0. The interest rate on the debt is 5.7 percent. Ignore
taxes for this problem.
a. What is the company's new cost of equity? (Do not round intermediate calculations
and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. What is its new WACC? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
A. 12.1%
B. 8.9%
Explanation:
a. Calculation for What is the company's new cost of equity
Using this formula
New cost of equity=Cost of capital+[(Cost of capital- Debt interest rate ) *(Debt-equity ratio)*(1)]
Let plug in the formula
New cost of equity=[0.089+[(0.089-0.057)*(1)*1]
New cost of equity=[0.089+0.032*(1)*1]
New cost of equity=[0.121*(1)*1]
New cost of equity=0.121*100
New cost of equity=12.1%
Therefore the company's new cost of equity will be 12.1%
b. Calculation for What is its new WACC
Particular Weight Cost Weighted cost
Equity 0.5000 *12.1% = 0.0605
Debt 0.5000 * 5.7% =0.0285
WACC =0.089*100
WACC =8.9%
(0.0605+0.0285)
Therefore the new WACC will be 8.9%
Denver, Incorporated, has sales of $14.2 million, total assets of $11.3 million, and total debt of $4.9 million. Assume the profit margin is 5 percent. a. What is net income
The net income of Denver Incorporated is $0.71 million.
What is profit margin?
Profitability margin is an example of a profitability ratio. Profitability ratios measures the efficiency that a business uses to derive profit from its assets. Profit margin measures the return on sales
Profit margin = net income / net sales
What is the net income?5% = net income / $14.2 million
Net income = $14.2 million x 0.05 = $0.71 million
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wer the next question on the basis of the following table, which indicates the dollar price of libras, the currency used in the hypothetical nation of libra. assume that a system of freely floating exchange rates is in place. (1) (2) (3) quantity of libras demanded (billions) dollar price of libras quantity of libras supplied (billions) 100 $5 325 200 4 200 300 3 100 400 2 75 the equilibrium dollar price of libras is: group of answer choices $5. $3. $4. $2.
The equilibrium dollar price of libras based on the information illustrated is C. $4.
What is equilibrium?Economic equilibrium is a state of affairs in which forces such as supply and demand are in balance and the values of economic variables do not change in the absence of external influences.
When market supply and demand are in balance, prices become stable. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortage or undersupply raises prices, which decreases demand.
The equilibrium price in economics is determined by equating the supply and demand functions, then solving for the price.
The equilibrium rate is determined where the quantity demanded is equal to amount suppled. Both are equal at quantity 200 billion of Libras. At this quantity, One dollar is equal to 4 Libras.
Therefore, based on the information, the correct option is C.
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A share of common stock in the hands of a stockholder carries with it certain rights. Among those rights is
A) a claim on the assets of the corporation second only to that of the company's secured creditors.
B) entitlement to receive profits through dividends when distributed and the right to vote for who will serve on the board of directors.
C) entitlement to receive profits through dividends when distributed but not the right to vote for who will serve on the board of directors.
D) entitlement to receive profits through dividends when distributed and the right to vote for the amount of that dividend.
Entitlement to receive profits through dividends when distributed and the right to vote for who will serve on the board of directors.
The correct option is B.
What it means to be a stockholder?Owners of an organization's existing shares, also known as shareholders or stockholders, are entitled to a piece of the company's remaining assets, earnings, and voting power.
Do shareholders own the business?Legally speaking, stockholders are not the corporation's owners (they own securities that give them a less-than-well-defined claim on its earnings). They don't have the last say in the majority of major company decisions in law or practice (boards of directors do). A shareholder or stockholder of a firm is somebody who has shares of that company. A shareholder may be an individual, a group, or another business.
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Match each type of Information system with its description.
Explanation:
knowledge-based interactive system: ⇒ decision support systemsoperational level system: ⇒ transaction processing systemstrategic-level information: ⇒ executive information system.Internal information flow-based system: ⇒ management information systemTypically, knowledge-based interactive systems are used to support the decision-making processes of an organization, by providing the wealth of knowledge found in human resources.
Operational-level systems: among the many functions of operation level systems is that they help in tracking the transactions occurring within and outside the organization, such as the purchases made, etc.
answer the following questions, please
The cost reconciliation indicates a discrepancy, as the total costs assigned exceed the beginning work in process costs. This could be due to additional costs.
How did we arrive at this assertion?To prepare a production cost report for the Welding Department for the month of February, we need to calculate the following:
1. Equivalent units of production for materials, labor, and overhead.
2. Cost per equivalent unit for materials, labor, and overhead.
3. Total costs assigned to units transferred out and ending work in process.
4. Cost reconciliation.
Let's calculate each of these steps:
Step 1: Equivalent Units of Production
Equivalent units of production are calculated based on the percentage of completion for units in process.
For materials:
Beginning work in process: 15,000 units x 10% complete = 1,500 equivalent units
Units transferred in: 64,000 units
Ending work in process: 25,000 units x 20% complete = 5,000 equivalent units
Total equivalent units for materials: 1,500 + 64,000 + 5,000 = 70,500 equivalent units
For labor and overhead:
Since the given data does not provide the percentage of completion for labor and overhead, we assume it is the same as for materials. Therefore, the equivalent units for labor and overhead will also be 70,500 units.
Step 2: Cost per Equivalent Unit
To calculate the cost per equivalent unit, we divide the total costs by the total equivalent units.
Cost per equivalent unit for materials: $135,000 / 70,500 units = $1.91 per unit
Cost per equivalent unit for labor: $57,000 / 70,500 units = $0.81 per unit
Cost per equivalent unit for overhead: $35,100 / 70,500 units = $0.50 per unit
Step 3: Total Costs Assigned
To calculate the total costs assigned to units transferred out and ending work in process, we multiply the cost per equivalent unit by the equivalent units for each category.
For units transferred out:
Materials: 64,000 units x $1.91 per unit = $122,240
Labor: 64,000 units x $0.81 per unit = $51,840
Overhead: 64,000 units x $0.50 per unit = $32,000
For ending work in process:
Materials: 25,000 units x $1.91 per unit = $47,750
Labor: 25,000 units x $0.81 per unit = $20,250
Overhead: 25,000 units x $0.50 per unit = $12,500
Step 4: Cost Reconciliation
To reconcile the costs, we compare the total costs assigned to units transferred out and ending work in process with the beginning work in process costs.
Beginning work in process costs: $32,175
Total costs assigned to units transferred out: $122,240 + $51,840 + $32,000 = $206,080
Total costs assigned to ending work in process: $47,750 + $20,250 + $12,500 = $80,500
Total costs: $206,080 + $80,500 = $286,580
Since the total costs assigned exceed the beginning work in process costs, there may be some additional costs that need to be investigated or accounted for.
The production cost report for the Welding Department for the month of February is as follows:
------------------------------------------------------------------------
| | Equivalent Units | Cost per Equivalent Unit | Total Costs |
------------------------------------------------------------------------
| Materials | 70,500 | $1.91 | $135,000 |
| Labor | 70,500 | $0.81 | $57,000 |
| Overhead | 70,500 | $0.50 | $35, 100 |
------------------------------------------------------------------------
| Total (Transferred-out) | 64,000 | | $227,240 |
| Ending work in process | 25,000 | | $80,500 |
------------------------------------------------------------------------
| Total Costs $307,740 |
------------------------------------------------------------------------
Note that the cost reconciliation indicates a discrepancy, as the total costs assigned exceed the beginning work in process costs. This could be due to additional costs.
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You will be creating an export business plan. Work must be original to this class, otherwise a grade of zero will be given. If no paper is submitted, a course grade of zero points will be given. Papers that do not contain detailed research will be severely penalized. No Wikipedia references are allowed.
You do not need to submit work in progress. However you are welcome to approach your instructor with questions.
Business Plan Requirements
Business Plan Page recommendations Section header Summary Part I: Purpose 1 Purpose Why has the plan been written? Part II: Table of Contents 1 Table of Contents Table of contents Part III: Executive Summary 1 Executive Summary This is short and concise. It covers the principal points of the report, and is prepared after the plan has been written. Part IV: Research ≥7 pages Introduction Introduction – what product and foreign country did you select and why Situational Analysis Describe the product to be exported Present a brief history of the country as it relates to its origins and trade history Cultural Overview The norms, practices, social structure, etc. that may aid (or hinder) the reception of your product Consumer attitudes toward product Educational levels; ability to comprehend instructions, ability to use product Languages; labels, instructions Political Environment An overview of the governance structure of the country along with any legal-political forces Certain required or prohibited features Label and packing requirements Export Marketing Plan Long and short-term goals, characteristics of an ideal target market for your product given the country selected, market screening Economic Decelopment How developed the country is, and how this will influence the success of your product Purchasing power Wages Infrastructure Summary Summary Part V: References 1 to 2 References References
Note: For further details regarding the components of your Export Business Plan, please see pages 468-469 of your textbook.
Formatting Requirements
Your paper must be in APA format to include:
The use of headings and subheadings
Times New Roman 12-point font
1 inch margins
Paragraphs with a minimum of at least 5 sentences
The first line of each paragraph should be indented 1/2 inch
Anything less than the content length stated above is not sufficient coverage of content and will result in a substantial reduction in grade.
At least one to two reference (or works cited) pages.
References must be no older than 5 years.
Your paper should be well-organized with excellent flow and excellently formatted. Check that your headings and sub-headings are correct.
Spell-check and proofread before submission.
The government sends out advancement organizations' guides, a strong comprehension of fundamental business principle, and the capacity to realize what they need to can all help the people who are now bustling and running their organizations.
Which capability does a commodity business system serve?
Your overall exertion's realities, impediments, and goals are made more clear by a commodity plan.
A business plan contains what?
A composed methodology illustrating the objectives and strategies for accomplishing those objectives is known as an organizational plan. It frames the go-to-showcase technique, monetary projections, market examination, corporate objectives, and statement of purpose of an organization.
Makers and retailers who offer their things to clients abroad are supposed to send them out. Trading is one way for organizations to work on their expected market, income, and extension.
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JaCo uses the periodic method and records merchandise purchases at net. Its 20X4 ending inventory is $69,000. During 20X5, JaCo purchases merchandise for $878,000, with freight-in of $11,000. Purchase returns are $17,000, purchase discounts lost are $4,000, and the cost of merchandise on hand a tyear end is $91,000. At yearend, JaCo records the following entry:
JaCo uses the periodic method and records merchandise purchases at net. Its 20X4 ending inventory is $69,000. During 20X5, JaCo purchases merchandise for $878,000, with freight-in of $11,000.
Purchase returns are $17,000, purchase discounts lost are $4,000, and the cost of merchandise on hand a tyear end is $91,000. At yearend, JaCo records the following entry:
Account
Debit = Cost of Goods Sold = 854,000
Credit = Inventory = 854,000
To record the yr-stop entry for inventory under the periodic approach, JaCo desires to calculate the value of products offered (COGS) for 20X5. The formula for COGS underneath the periodic technique is:
COGS=Beginning stock + Purchases − Ending stock
Plugging in the given values, we get:
COGS=69,000(878,000+11,000−17,000+4,000)−91,000=69,000+876,000−91,000=854,000
Therefore, the 12 months-cease access for inventory is:
Account
Debit = Cost of Goods Sold = 854,000
Credit = Inventory = 854,000
This entry reduces the inventory account to the finishing balance of $91,000 and records the expense of COGS for the year.
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1. Would you be inclined to take legal action against your employer if you felt strongly
that your legal rights had been violated? Why or why not?
Yes I would be inclined to take legal action against an employer that has violated my legal rights.
What does the term legal right mean?This is the term that has to do with the rights of a person that is recognized by the law of the land and the right that the law also helps to safeguard.
A person that tramples on the legal tights of a person deserves to receive legal actions because it shows that such a person does not have respect for others.
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f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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According to the Enterprise case study In a compettive market, what does
enterprise do differently to attract
high-quality candidate.
The enterprises utilize different methods in a competitive market to tempt high-quality candidates. They use methods of production, advertising through different media, make use of career fairs, and numerous other ways.
Who are high-quality candidates?"High-quality candidates" exist described as individuals who exist well-qualified for the position and who will likely remain a part of the company for a longer duration to create appreciable contributions to its objectives.
The enterprises require to be diverse and innovative to be capable to attract high-quality candidates for their companies to fulfilling their vacuities. They utilize the opportunity to advertise through different forms of media.They look for providing presentations in different places and universities for choosing the candidates. they connect with various organizations and clubs for getting to the diverse candidates.Some companies link with candidates through job fairs and by organizing various kinds of talent and skill sessions. There exist lectures provided by top executives of the company and they exist available for responding to queries and mentoring the candidates.To learn more about High-quality candidates refer to:
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Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion’s products is given below: Product A Product B Sales revenue $ 37,000 $ 52,000 Less: Variable costs 15,000 23,400 Contribution margin $ 22,000 $ 28,600 Total units sold 960 2,000 Pin Cushion’s fixed costs total $37,900.
Based on information given, the Pin Cushion Company's net income is $12,700.
What is net income?Net income, also known as net profit or bottom line, is the amount of money a company earns after deducting all expenses and taxes from its total revenue. In other words, it represents the amount of profit a company makes over a specific period of time, typically one year. To calculate net income, a company subtracts its total expenses, including operating costs, taxes, interest payments, and any other expenses, from its total revenue. Net income is an important measure of a company's financial health and profitability, and is often used by investors and analysts to evaluate a company's performance. A positive net income indicates that a company is profitable, while a negative net income means that a company is operating at a loss.
Total contribution margin = $22,000 + $28,600 = $50,600
Net income = $50,600 - $37,900
Net income = $12,700
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what is your analysis on walmart financial health as of january 2021 compare to 2022
Cual es la sociedad que se constituye con el mayor capital inicial?
Answer:
dont knowntype in eng
bye
Macroeconomic problems are observed... i. On points along the production possibilities frontier
ii. On points beyond the production possibilities frontier
iii. On points within the production possibilities frontier
A. ii and iii
B. i only
C, i and ii
D. ii only
Macroeconomic problems can be observed at all points along the production possibilities frontier (PPF), whether they are on points within, beyond, or on the frontier itself. Option A ii and iii.
The production possibilities frontier represents the maximum output that can be achieved using the available resources and technology. However, there are various macroeconomic problems that can hinder the economy's ability to reach its maximum potential.
When the economy is operating within the PPF, it means that it is utilizing all its available resources efficiently. However, there may still be macroeconomic problems such as inflation, unemployment, and income inequality. Inflation occurs when there is an increase in the general price level of goods and services, which can reduce the purchasing power of consumers and affect the economy's competitiveness.
Unemployment occurs when there are not enough jobs available for the labor force, which can reduce economic output and result in social problems. Income inequality occurs when there is a significant gap between the rich and the poor, which can create social tensions and limit economic growth.
When the economy is operating beyond the PPF, it means that it is utilizing resources that are not sustainable in the long run. This can lead to macroeconomic problems such as environmental degradation, resource depletion, and debt crisis. Environmental degradation occurs when the economy's activities harm the environment, which can have long-term consequences on the health and well-being of society.
Therefore, the correct answer to the question is (A) ii and iii, as macroeconomic problems can be observed both on points beyond and within the PPF. Option A
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Vernon Medical Clinic has budgeted the following cash flows.
January February March
Cash receipts $ 117,000 $ 123,000 $ 143,000
Cash payments
For inventory purchases 98,500 80,500 93,500
For S&A expenses 39,500 40,500 35,500
Vernon Medical had a cash balance of $16,500 on January 1. The company desires to maintain a cash balance of $10,000. Funds are assumed to be borrowed, in increments of $1,000, and repaid on the last day of each month; the interest rate is 3 percent per month. Repayments may be made in any amount available. Vernon pays its vendors on the last day of the month also. The company had a monthly $40,000 beginning balance in its line of credit liability account from this year’s quarterly results.
The journal entries for Vernon Medical Clinic is given below:
The Journal EntriesCash Budget January February March
Cash receipts
Beginning cash balance 16500 10300 10000
cash receipts 117000 123000 143000
Total cash available [1] 133500 133300 153000
Cash payments
For inventory purchases 98500 80500 93500
For S & A Expenses 39500 40500 35500
Interest expense 40000*3%=1200 56000*3%=1680 55380*3%= 1661
Total budgeted disbursements [2] 139200 122680 130661
Excess of receipts over disbursement [1-2] -5700 10620 22339
Financing activities
Borrowing /(repayment) 16000 (620) (12339)
Ending cash balance 10300 10000 10000
Working note:
a)For month of January,Amount borrowed = Desired ending balance - Excess of receipts over disbursement
= 10000 - (-5700)
= 10000 +5700
= 15700 (rounded to nearest 16000)
Since the amount is borrowed in increments of 1000 ,amount borrowed is nearest to 16000
b)Amount financed at end of January = 40000 (beginning ) +16000 additional borrowing = 56000
c)Amount financed at end of February = 56000 (beginning ) -620 repatyment= 55380
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If the order is accepted, by how much will monthly profits increase or decrease? (The order would not change the company’s total fixed costs.) Show and label all computations using words and numbers to explain the steps please (final answer should be incremental profits)
If the Superior Company accepts the special order, monthly profits will increase by $2,500.
By how much will monthly profits increase or decrease if order is accepted?To determine the impact on monthly profits, we need to calculate the contribution margin per unit on the special order.
Contribution margin per unit = Selling price per unit - Variable costs per unit
= $15 - ($2.50 + $3.00 + $0.50 + $1.50)
= $7.50
The contribution margin ratio is 50% ($7.50 / $15).
The fixed costs are $4.25 + $2.00 = $6.25 per unit.
If the company accepts the special order, it will produce and sell an additional 2,000 units.
Total contribution margin from the special order:
= 2,000 units x $7.50 per unit
= $15,000
Since the order would not affect regular sales, the company's total fixed costs will remain the same. Therefore, the increase in monthly profits would be:
Increase in monthly profits = Total contribution margin from the special order - Incremental fixed costs
= $15,000 - ($6.25 x 2,000)
= $2,500.
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Dividends Per Share
Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
20Y1 $75,000
20Y2 24,000
20Y3 90,000
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
The dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
To determine the dividends per share for preferred and common stock for each year, we need to divide the total dividend amount by the number of shares for each type of stock.
Preferred Stock:
The preferred stock has a 1% dividend rate and a par value of $100 per share. There are 30,000 shares of cumulative preferred stock.
Year 20Y1:
Dividend per share for preferred stock = Dividend amount / Number of preferred shares
Dividend per share for preferred stock = $75,000 / 30,000
Dividend per share for preferred stock = $2.50
Year 20Y2:
Dividend per share for preferred stock = $24,000 / 30,000
Dividend per share for preferred stock = $0.80
Year 20Y3:
Dividend per share for preferred stock = $90,000 / 30,000
Dividend per share for preferred stock = $3.00
Common Stock:
The common stock has a par value of $25 per share. There are 50,000 shares of common stock.
Year 20Y1:
Dividend per share for common stock = Dividend amount / Number of common shares
Dividend per share for common stock = $75,000 / 50,000
Dividend per share for common stock = $1.50
Year 20Y2:
Dividend per share for common stock = $24,000 / 50,000
Dividend per share for common stock = $0.48
Year 20Y3:
Dividend per share for common stock = $90,000 / 50,000
Dividend per share for common stock = $1.80
In summary, the dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
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Hodor borrowed $1000. The bank charges him 5% interest per year. At the end of year, he paid $50 in interest. There was 2% increase in the GDP deflator. Nominal interest rate?
Answer:
5%
Explanation:
nominal interest rate = 5%
real interest rate = nominal interest rate - increase in GDP deflator (inflation rate) = 5% - 2% = 3%
The nominal interest rate is the interest rate earned or charged without considering the effects of inflation. The real interest rate adjusts the nominal interest rate against the year's inflation rate.
Henrich is a single taxpayer. In 2022, his taxable income is $487,500. What are his income tax and net investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your final answers to 2 decimal places. Required: All of his income is salary from his employer. Assume his modified AGI is $520,000. His $487,500 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000. His $487,500 of taxable income includes $54,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000. Henrich has $198,750 of taxable income, which includes $51,500 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $217,500.
Based on the information, the NIIT will be 665 and Income tax will be 29175.50.
How to explain the informationMAGI is adjusted gross income (AGI) plus these, if any: untaxed foreign income, non-taxable Social Security benefits, and tax-exempt interest. For many people, MAGI is identical or very close to adjusted gross income. MAGI doesn't include Supplemental Security Income (SSI).
Modified AGI = $520,000
Income Taxable at ordinary rates = $485,500
Income threshold for NIIT = $200,000
NIIT will be:
= 17500 × 3.8%
= 665
Income tax will be:
= 15213.5 + 147250 - 89075 × 24%
= 29175.50
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On January 1, Year 2 Grande Company had a $18,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During Year 2. Grande provided $72,000 of service on account. The company collected $68,500 cash from accounts receivable. Uncollectible accounts are estimated to be 2% of sales on account. What is the amount of uncollectible accounts expense recognized on the Year 2 income statement? O $5,500 O $1,440 O $1,370 O $360
$ 1,440 is the amount of cash flow from operating activities that would appear on the year 2 statement of cash flows.
Amount of uncollectable accounts expenses recognized on the Year 2 income statement = $ 72,000 * 2 % = $ 1,440.A cash inflow is a real or virtual movement of plutocrat a cash inflow in its narrow sense is a payment, especially from one central bank account to another the term cash inflow is substantially used to describe calculate free cash inflow,add your net income andnon-cash charges, also abate your change in working capital and capital expenditure.The allowance for uncollectible accounts is calculated by multiplying the receivable balance in the various aging categories by a reserve rate.A higher reserve rate is applied to older receivables because those receivables are less likely to be collected.Cash inflow refers to the net balance of cash moving into and out of a business at a specific point in time.Cash is constantly moving into and out of a business.For illustration,when a retailer purchases force,plutocrat flows out of the business toward its suppliers.
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the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
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Brainstorm 3 people save money and 3 ways people invest money.
Three ways that people save money and three ways that people invest money include:
Ways to save money:
In savings accounts In savings schemes within the community Money market accountsWays to invest money:
Buying stocks and bonds Investing in Mutual and Hedge Funds Buying propertyHow can we save and invest money?There are several ways of saving money and some of them include putting it into savings accounts and money market accounts in banks. These will earn some interest.
There are also ways of investing money so that you can get a higher return. Some include buying stocks or bonds issued by companies or the government. There is also buying property and earning rent, and investing in mutual funds.
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As the workforce becomes more diverse, why does performance appraisal become a more difficult process?
Answer: The diversification of the employees in the organization will bring about a larger difference between the workers and raters and could invariably lead to bias at the workplace.
Explanation:
Performance appraisal is also called performance evaluation and it is when the performance of a worker in a company is being appraised or evaluated so as to improve efficiency and output.
The diversification of the employees in the organization will bring about a larger difference between the employees and the raters who are rating them. Hence, the above situation can lead to biases and unfairness in the workplace.
Does a monthly fixed-rate mortgage payment change?
A fixed-rate mortgage's great benefit would be that your monthly payment won't change throughout the duration of the loan. The principal and interest, which make up a portion, won't alter.
What is a mortgage and how does it take a job?
When you get a mortgage, your lender will give you a certain amount of money to buy the house. You agree to pay interest while repaying the loan over a period of years.
What salary is used to cover the mortgage?
The 28% rule states that your mortgage payment ought to be 28% less than of your gross monthly income. To figure how much you can spend using this strategy, multiply your monthly total pay by 28%.
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Identify the function in the organisation you have chosen
Answer:
Determination of activities,
Grouping of activities,
Allotment of duties to specified persons,
Delegation of authority,
Defining relationships, and.
The co-ordination of various activities.
What studies how cultures vary in valuing and using space?
The study of proxemics examines how humans unintentionally organize the space around them. The structure changes depending on the culture.
What is proxemics?Proxemics is the study of how people use space and how population density affects how they behave, communicate, and interact with others. Proxemics is one of many nonverbal communication subfields, along with haptics, kinesics, vocalics, & chronemics.
Each cultural structure is different. When interacting with strangers or passing acquaintances, North Americans, for instance, maintain a protective "body bubble" of space around them that is around 2 feet in diameter.
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er taxes, of R227 000 and preference share dividends of R10 000. If the company had a number of ordinary shares outstanding of 76 262, what was its earnings per share (EPS)?
The company's earnings per share (EPS) was calculated to be R3.03
Earnings per share (EPS) is calculated by dividing the company's net income by its number of outstanding shares. In order to calculate EPS, we must first calculate the company's net income. The net income of the company is given as R227,000 from regular taxes and R10,000 from preference share dividends. Therefore, the company's total net income is R237,000.Next, we must calculate the company's earnings per share (EPS). We are given that the company had a number of ordinary shares outstanding of 76,262. Therefore, the company's EPS is calculated as follows:Earnings per share (EPS) = (Net income - Preferred dividends) / Number of outstanding sharesEarnings per share (EPS) = (R237,000 - R10,000) / 76,262Earnings per share (EPS) = R3.03Therefore, the company's earnings per share (EPS) was R3.03.Summary: Earnings per share (EPS) is calculated by dividing the company's net income by its number of outstanding shares. In this problem, we are given that the company had a net income of R237,000 from regular taxes and preference share dividends, and a number of ordinary shares outstanding of 76,262. Therefore, the company's earnings per share (EPS) was calculated to be R3.03.For more questions on Earnings per share (EPS)
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