Answer:
Yarrow Corporation
The weighted average number of shares to be used in computing earnings per share for 2021 is:
= 2,125,000 shares.
Explanation:
a) Data and Calculations:
Weighted-Average Number of Shares
Date Outstanding Shares Weight Weighted Average
January 1, 1,000,000 12/12 1,000,000
March 1 Issue 150,000 10/12 125,000
July 1 2-for-1 2,300,000 6/12 1,150,000
October 1 Treasury (600,000) 3/12 (150,000)
Total number 2,850,000 2,125,000
Transformational leaders enhance performance of employees by ________. A. focusing on short-term goals for employees B. restricting creativity among employees C. establishing goals, roles, and requirements D. instilling pride in employees E. abdicating all responsibility to employees
Answer:
D. instilling pride in employees
Explanation:
Transformational leadership is a leadership style where there is a leader capable of motivating and encouraging each employee to develop their skills and thus become more productive and confident in their work. The transformational leader is the one who inspires through his personal example, he is the one who is always willing to help and collaborate with the success of each individual in a team.
Therefore, this is a very positive leadership style for organizations, as the leader is the maximum figure capable of inspiring, motivating and contributing to the creation of an organizational culture focused on creativity, collaboration, valuing work and productivity.
Sales made on account are recorded as ____ to the sales account.
A)orders
B)debits
C)payments
D)credits
Answer:
I have a strong feeling it has to be credit
the meaning of socio economic issues
Answer:
Socio-economic issues are factors that have negative influence on an individuals' economic activity including: lack of education, cultural and religious discrimination, overpopulation, unemployment and corruption.
what is the yearly salary and hourly wage for a novel author? it's for a project.
Carrie D's has 8 million shares of common stock outstanding, 6 million shares of preferred stock outstanding, and 30 thousand bonds. If the common shares are selling for $12 per share, the preferred shares are selling for $30 per share, and the bonds are selling for 110 percent of par, what would be the weight used for equity in the computation of Carrie D's WACC
Answer:
Weight of equity = 0.31067 or 31.067% or 96/309
Explanation:
WACC or weighted average cost of capital is the cost of a firm's capital structure which can comprise of debt, preferred stock and common equity. The WACC for a firm can be calculated as follows,
WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE
Where,
w represents the weight of each component based on market value in the capital structure r represents the cost of each component D, P and E represents debt, preferred stock and common equity respectively
To calculate the weight of equity in WACC computation, we first need to find out the Market value(MV) of each component and the market value of the overall capital structure.
MV of common equity = 8 million shares * 12 per share
MV of common equity = $96 million
MV of Preferred stock = 6 million shares * 30 per share
MV of Preferred stock = $180 million
The bonds are usually have a par value of $1000 unless specified otherwise.
MV of debt = 30 thousand * $1000 * 110%
MV of debt = $33 million
MV of total capital Structure = 96 + 180 + 33 => $309 million
Weight of equity = 96 / 309
Weight of equity = 0.31067 or 31.067% or 96/309
what is the yearly salary or hourly wage of a librarian?
Answer:
$61,920, or $29.77
Explanation:
Answer:
The average hourly rate for Librarian ranges from $27 to $38 with the average hourly pay of $32.
Explanation:
The average salary for a Librarian is $58515 per year in United States.
Salaries start from $34630 and go up to $93050.
Top Sound International designs and sells high-end stereo equipment for auto and home use. Engineers notified management in December 2018 of a circuit flaw in an amplifier that poses a potential fire hazard. Further investigation indicates that a product recall is probable, estimated to cost the company $2.8 million. The fiscal year ends on December 31. Should this contingent liability be reported, disclosed in a note only, or neither?
Answer:
Yes
Explanation:
Since in the question it is mentioned that the product recall is probable and predicted that the cost to the company is $2.8 million so this represent the contingent liability as it is probable & estimated
So the same should be disclosed and reported
Hence, the answer should be yes
The same is to considered relevant
As part of a valuation analysis, you have identified two comparables: KLA Tencor (KLA) and Lam Research (LAM). KLA has company value of $9,600, market value of equity of $8,000, and net income of $400. LAM has company value of $12,000, market value of equity of $6,000, and net income of $500. If KLA has NOPAT of 400 and LAM has NOPAT of 600, the P/E ratios for KLA and LAM should be, respectively: Group of answer choices 20 and 12 14 and 8 Not enough information 40 and 30 24 and 20
Answer:
The correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.
Explanation:
The price-earnings (P/E) ratio can be calculated using the following formula:
P/E ratio = Market value of equity / Net income ............... (1)
From the question. we hav:
KLA market value of equity = $8,000
KLA net income = $400
LAM market value of equity = $6,000
LAM net income = $500
Using equation (1) and the above information, we have:
P/E ratios for KLA = $8,000 / $400 = 20
P/E ratios for LAM = $6,000 / $500 = 12
Therefore, the correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.
Pearson Motors has a target capital structure of 45% debt and 55% common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 8%, and its tax rate is 25%. Pearson's CFO estimates that the company's WACC is 12.50%. What is Pearson's cost of common equity
Answer:
the cost of equity is 17.82%
Explanation:
The computation of the cost of equity is shown below:
As we know that
WACC = weight of debt × cost of debt × (1 - tax rate) + weight of equity × cost of equity
12.50% = 0.45 × 8% × (1 - 0.25) + 0.55 × cost of equity
12.50% = 2.7% + 0.55 × cost of equity
9.8% = 0.55 × cost of equity
So, the cost of equity is 17.82%
If a $5,000 coupon bond has a coupon rate of 13 percent, then the coupon payment every year is (a) $650. (b) $1,300.
g Assume that the reserve requirement is 11.69 percent. Banks do not hold excess reserves and there is no cash held by the public. The Federal Reserve decides that it wants to expand the money supply by $59 million using open-market operations. The Federal Reserve needs to buy $______ million worth of bonds. Round to two decimal places.
Answer:
$6.90 million
Explanation:
The computation is shown below:
Given that
The Reserve requirement is 11.69%
And, the money supply is $59 million
Based on the above information
First the money multiplier should be find out i.e.
= 1 ÷ 0.1169
= 8.55
Now the amount that need to buy is
= $59 ÷ 8.55
= $6.90 million
Hence, the federal reserve required to purchase $6.90 million worth of bonds
*The best answer will receive brainliest, I will friend you, and I will like all of the questions you've asked or answered.
*Any submission unorthodox or not relating to the question will be reported!!!
Think of a business professional you admire. Using an example of a time when this person displayed integrity in a difficult situation, discuss how their business actions demonstrated their values.
Answer:
A business professional that I think of is a family friend is the majority owner of an Architectural Millwork company and a time when they showed great integrity in a difficult situation was when a former employee was suing them for unemployment. They conducted themselves with total maturity and professionalism and they were completely honest the entire time. These business actions demonstrated that honesty is a key value for them in running their company and dealing with legality issues. This is a time when a business professional showed integrity during a difficult in their companies timeline.
Explanation:
Answer:
Amira, a sales rep for a software company, was asked by a potential customer whether the company’s technology could perform a specific function critical to his business needs. Amira wasn’t certain the software could handle his needs, so she told him she would need to get back to him. Rather than provide potential misinformation just to make the sale, Amira checked with the development team first. After determining the product could perform the requested function, she let her customer know. Not only did Amira earn the sale, but she earned trust and respect from her client, too.
Explanation:
In a workplace setting, acting with integrity often means demonstrating your core values in all efforts. Here are a few behaviors that show integrity:
Being dependable and following through on commitments
Being open and honest when communicating with others
Holding yourself accountable and owning up to your shortcomings
It’s important that employees exercise integrity regardless of their department or career level. Integrity is critical, however, in leadership positions where people have the opportunity to set examples for others. By incorporating strong values into your behavior, you can help encourage other employees to do the same.
How to display integrity in the workplace
Whether you’re working in a small business or a large corporation, your commitment to integrity will impact the workplace. Acting with integrity not only helps show employers you are capable of handling responsibilities that can advance your career, but it also helps foster a positive company culture.
Actions to demonstrate integrity and impact your workplace
1. Show up ready to work
2. Set a positive example
3. Be respectful during the conflict
4. Practice accountability
5. Follow and enforce company policies
6. Improve your work ethic
7. Respect property
Bluefield Corp. has two product lines, A and B. Bluefield has identified the following information about its overhead and potential cost drivers: Total overhead$69,300 Cost drivers Number of labor hours1,900 Number of machine hours45,000 Required: 1. Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 76 percent of the labor hours and Product B requires 24 percent. 2. Suppose Bluefield uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A consumes 17,700 machine hours and Product B consumes 27,300.
Answer:
Overhead assigned to product labour hours
Product A = $36.5 per hour × 76%× 1900= 52,706.0
Product B = $36.5 per hour × 24%× 1900= 16,644.0
Overhead assigned to product using machine hours
Product A = $1.54 × 17,700= $27,258
Product B = $1.54 × 27,300 =$42,042
Explanation:
Under the traditional absorption costing system, overhead is assigned to units produced using the direct labour hours or machine hours basis.
Overhead absorption rate = Budgeted overhead for the period/Budgeted labour hours
OAR = $69,300 /1,900 hours
= $36.5 per hour
Overhead assigned to product
Product A = $36.5 per hour × 76%× 1900= 52,706.0
Product B = $36.5 per hour × 24%× 1900= 16,644.0
Overhead absorption rate = Budgeted overhead for the period/Budgeted machine hours
OAR = $69,300 /45,000 hours= $1.54 per hour
Overhead assigned to product
Product A = $1.54 × 17,700= $27,258
Product B = $1.54 × 27,300 =$42,042
The way the staff looks tells the customer a great deal about the way the organization is managed.
True
False
On March 1, LGE asks to extend its past-due $6,000 account payable to Tyson. Tyson agrees to accept $1,400 cash and a 180-day, 8%, $4,600 note payable to replace the account payable. (Use 360 days a year.)(1) Prepare the March 1 entry for LGE.(2) Prepare the September 27 entry for LGE when it pays the note and interest to Tyson.
Answer: See explanation
Explanation:
1. Prepare the March 1 entry for LGE.
Debit: Account payable - Tyson = $6000
Credit: Cash = $1400
Credit: Note payable = $4600
.(2) Prepare the September 27 entry for LGE when it pays the note and interest to Tyson.
Debit: Notes Payable = $4600
Debit: Interest expense = ($4600 × 8/100 × 180/360) = $184
Credit: Cash = $4784
Western Company is preparing a cash budget for June. The company has $11,800 cash at the beginning of June and anticipates $30,200 in cash receipts and $34,900 in cash disbursements during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company owes $15,000 to the bank. To maintain the $10,000 required balance, during June the company must:
Answer:
See below
Explanation:
With regards to the above, we need to compute first the preliminary balance
Preliminary balance = $11,800 + $30,200 - $34,900 = $7,100
Then compute the amount to borrow
Amount to borrow = Minimum cash balance - Preliminary balance
= $10,000 - $7,100
= $2,900
Therefore, to maintain the $10,000 required balance, the company must borrow $2,900 during June.
Kauffman Market has a gross profit percentage of 40%. It is expecting an additional $3,000 in revenues over the upcoming 3-day holiday weekend. The manager would like 3 additional staff members assisting customers during this busy time. The additional staff members will each work one 6-hour shift per day and earn $12 per hour. Would it be profitable for Kauffman Market to add the extra staff members
Answer:
$552
Explanation:
The computation is shown below:
But before that following calculation need to be done
Additional profit is
= $3,000 × 40%
= $1,200
Additional labor cost is
= (3 days × 3 employees × 6 hours per day × 12 per hour )
= $648
As we can see that the company profit would be increase by
= $1,200 - $648
= $552
why does the government spend less on defense and not more?write two reasons
Answer:When the federal government spends more money than it receives in taxes in a ... spending over time in nominal dollars is misleading because it does not take ... defense spending as a share of GDP has generally declined since the 1960s, ... Healthcare expenditures include both payments for senior citizens (Medicare), ...
Explanation:
Please help soon! Click this link to view O*NET’s Skills section for Chefs and Head Cooks.
Note that common skills are listed toward the top, and less common skills are listed toward the bottom.
According to O*NET, what are common skills needed by Chefs and Head Cooks? Select three options.
technology design
monitoring
management of personnel resources
programming
time management
installation
Answer: monitoring, management of personal resources, time management
Explanation:
Answer:
monitoring, management of personnel resources, critical thinking, and time management
Explanation:
EDGE 2021
Kidder Company began its operations on March 31 of the current year. Projected manufacturing costs for the first three months of business are $156,800, $195,200, and $217,600, respectively, for April, May, and June. Depreciation, insurance, and property taxes represent $28,800 of the estimated monthly manufacturing costs. Insurance was paid on March 31, and property taxes will be paid in November. Three-fourths of the remainder of the manufacturing costs are expected to be paid in the month in which they are incurred, with the balance to be paid in the following month. The cash payments for manufacturing in the month of June are:___.
a. $294,000.
b. $235,200.
c. $183,200.
d. $381,500.
Answer:
Total cash disbursement June= $183,200
Explanation:
Giving the following formula:
Manufacturing costs:
May= $195,200
June= $217,600
We need to deduct the costs of depreciation, insurance, and property taxes. The first one is not a cash disbursement cost. The second and third are already paid.
Cash disbursement June:
Manufacturing costs June= (217,600 - 28,800)*0.75= 141,600
Manufacturing costs May= (195,200 - 28,800)*0.25= 41,600
Total cash disbursement June= $183,200
Banking requirements
Use the information presented in Midwestern Mutual Bank's balance sheet:
Bank's Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $200 Deposits $675
Loans $800 Debt $250
Securities $1,000 Capital (owners' equity) $1,075
Suppose a new customer adds $100 to his account at Midwestern Mutual Bank, which the owners of the bank then use to make $100 worth of new loans. This would increase the loans account and___the___account. This would also bring the leverage ratio from its initial value of___to a new value of__. Which of the following do bankers take into account when determining how to allocate their assets?
A. The total value of liabilities.
B. The size of the monetary base.
C. The return on each asset.
Answer and Explanation:
In the case when the new customer added $100 to his account so this would rise the loan amount also at the same time it increased the reserve and debt account
The leverage ratio is
= Total asset ÷ equity
= $2,000 ÷ $1,075
= 1.8604
Now the new leverage ratio is
= $2,000 + $100 ÷ $1,075
= 1.9534
So the initial leverage ratio is 1.86 to the new value of 1.95
The bankers should taken into account for distributing the asset is return on each asset
what is large office
Answer:
Large office is big organisations with many clerical workers.
I hope it will help you ((:
Families of goods or services having similar characteristics or methods of creation are called__________.
Answer:
Strategic business units
Explanation:
Answer:
Families of goods or services having similar characteristics or methods of creation are called__________ strategic business units.
Landing Service is a lawn furniture company that has been around for many years. It is known for its ability to produce furniture more efficiently than any other company in the nation. In truth, no other companies in any other nation come close. Landing Service has shipped many of its products internationally. In fact, 80 percent of its profits come from international sales. However, the Italian government has imposed a tax on imported furniture items to protect local companies. The Brazilian government, on the other hand, has imposed taxes on Landing Service products due to the government wanting a piece of the pie.
Landing Service initially thought that these taxes were unfair because it was being singled out. However, after Landing Service contacted the organization that had the power to mediate this situation, the furniture company realized that the taxation it was subjected to was legal and that there was nothing it could do about it.
Refer to Landing Service. Because the company is known for its ability to produce lawn furniture more efficiently than any other company in the world, the company must have a(n) ____ advantage.
a. total
b. relative
c. comparative
d. proportional
e. absolute
Refer to Landing Service. What type of tax has the Brazilian government imposed on the company?
a. Import duty
b. Embargo
c. Revenue tariff
d. Protective tariff
e. Nontariff barrier
Answer:
Landing Service
1. Refer to Landing Service. Because the company is known for its ability to produce lawn furniture more efficiently than any other company in the world, the company must have a(n) ____ advantage.
e. absolute
2. Refer to Landing Service. What type of tax has the Brazilian government imposed on the company?
a. Import duty
Explanation:
Landing Service enjoys absolute advantage with its ability to produce furniture more efficiently than any other company in the world. It implies that Landing Service can produce furniture with lesser input resources than other furniture companies in the world.
Import duty, in this scenario, refers to the tax imposed by the Brazilian government on Landing Service's furniture. This tax increases the price of the furniture for the Brazilian importers and consumers.
he following information pertains to the January operating budget for Casey Corporation. • Budgeted sales for January $207,000 and February $100,000. • Collections for sales are 60% in the month of sale and 40% the next month. • Gross margin is 35% of sales. • Administrative costs are $10,000 each month. • Beginning accounts receivable is $29,000. • Beginning inventory is $16,000. • Beginning accounts payable is $67,000. (All from inventory purchases.) • Purchases are paid in full the following month. • Desired ending inventory is 30% of next month's cost of goods sold (COGS). At the end of January, budgeted accounts receivable from January sales is ________.
Answer:
the budgeted account receivable is $82,800
Explanation:
The computation of the budgeted account receivable is shown below:
= Budgeted sales × next month sales collections percentage
= $207,000 × 40%
= $82,800
hence, the budgeted account receivable is $82,800'
We simply multiplied the budgeted sales with the next month collection sales percentage so that the budgeted account receivable could come
The calculation of the payback period for an investment when net cash flow is even (equal) is:
Answer:cost of investment/annual net cash flow
Explanation:
The Payback period states the period within which the investment funds are recoupened. The even net cash flow shows that the cash inflows are positive than cash outflows.
The computation of the payback period when the company experiences an even net cash flow would be:
[tex]P=\frac{I}{n}[/tex]
Here, P is the payback period, I is the initial investment and n is net cash flow in each period. Therefore, the payback period will be equal to the initial investment divided by net cash flow per period.
Learn more about the payback period here:
https://brainly.com/question/13978071
On January 2, 2020, Vaughn Manufacturing began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows:
January 2, 2020 $613000
September 1, 2020 1802400
December 31, 2020 1802400
March 31, 2021 1802400
September 30, 2021 1203000
Indian River Groves borrowed $3,300,000 on a construction loan at 12% interest on January 2, 2017. This loan was outstanding during the construction period. The company also had $12,000,000 in 9% bonds outstanding in 2017 and 2018.
1. What were the weighted-average accumulated expenditures for 2017?
a. $1,600,000.
b. $1,500,000.
c. $1,200,000.
d. $3,000,000.
2. The interest capitalized for 2017 was:
a. $540,000.
b. $144,000
c. $456,000.
d. $180,000.
3. What were the weighted-average accumulated expenditures for 2018 by the end of the construction period?
a. $1,170,000.
b. $4,905,000.
c. $5,958,000.
d. $4,158,000.
4. The interest capitalized for 2018 was:
a. $374,220.
b. $354,915.
c. $ 77,220.
d. $297,000.
Answer:
Vaughn Manufacturing
1. The weighted-average accumulated expenditures for 2017 were:
c. $1,200,000.
2. The interest capitalized for 2017 was:
b. $144,000
3. The weighted-average accumulated expenditures for 2018 by the end of the construction period were:
= $2,546,000.
4. The interest capitalized for 2018 was:
= $267,000.
Explanation:
a) Data and Calculations:
Expenditures for the construction were as follows:
Date Amount of No. of months Weighted Average
expenditure Expenditure
2020:
January 2, 2020 $613,000 12/12 $613,000
September 1, 2020 1,802,400 4/12 600,800
December 31, 2020 1,802,400 0/12 0
Total weighted-average expenditure for 2020 = $1,213,800
Which is approximately = $1,200,000
Interest capitalized = $144,000 ($1,200,000 * 12%)
Capitalized expenditure by December 31, 2020 = $1,344,000 ($1,200,000 + $144,000)
Date Amount of No. of months Weighted Average
expenditure Expenditure
2021:
January 1, 2021 1,344,000 9/9 $1,344,000
March 31, 2021 1,802,400 6/9 1,201,600
September 30, 2021 1,203,000 0/9 0
Total weighted-average expenditure for 2020 = $2,545,600
Which is approximately $2,546,000
Interest capitalized for 2018 = $267,330 ($2,546,000 * 10.5%)
Approximately $267,000
Why do products have to be deleted from a product mix?
Answer:
Businesses must remove unnecessary goods in order to uphold high quality requirements for their product.
Explanation:
Suppose today is May 1, 2016, and your firm produces breakfast cereal and needs 200,000 bushels of corn in July 2016 for an upcoming promotion. You would like to lock in your costs today because you are concerned that corn prices might rise between now and July. Each contract is for 5,000 bushels; the settle price for July 2016 is $5.18 per bushel. Suppose corn prices are $5.14 per bushel in July. What will your cumulative mark to market be
Answer: -$8000
Explanation:
Based on the information given in the question, the cumulative mark to market will be calculate as:
= (5.14 - 5.18) ×
= 0.04 × 200,000
= 8000
The cumulative mark to market is gotten as - $8000 and since it's negative, it implies that a loss was incur by the investor in the future contracts.
23) Sarah is trying to decide which one of two job offers she will accept. Several items are presented below: Job Offer A Job Offer B (1) Base salary $ 50,000 $ 50,000 (2) Overtime compensation Comp. time Hourly rate (3) Moving allowance $ 3,000 $ 3,000 (4) Signing bonus $ 2,000 $ 0 (5) Job search costs incurred $ 300 $ 500 Select the items that are irrelevant to Sarah's decision. A. (1), (3), (5) B. (2), (4) C. (1), (3) D. (2), (3), (4)
Answer:
A. (1), (3), (5)
Explanation:
When deciding on whether the items presented in the Job Offer are relevant or irrelevant, Sarah would need to evaluate and compare between the both Offers.
Base Salary
The base salary offered in both the Job Offers are same. Therefore, this item is irrelevant. Since they both are same it won't matter whichever she selects.
Overtime Compensation
This is different in both the Job Offers. Comp. Time is basically where employers give their employees paid time off in lieu of the overtime they have worked. While in the case of hourly rate, the employees receive additional payment for overtime work. Sarah would have to choose which option is more preferred for her whether extra time or additional payment. This item is therefore relevant.
Moving Allowance
This allowance is equal in each job offers. So, she would receive it in any offer she selects. This item is also irrelevant when making decision on the Job Offer.
Signing Bonus
The signing bonus has been offered in only one of the Job Offers for $2,000. Sarah would need to decide if she would need this bonus or could she forgo the same. This item is relevant.
Job Search Cost
This is basically sunk cost which is not recovered. Therefore, it is irrelevant when making the decision for the Job Offer.
Hence, the base salary, moving allowance and job search cost are irrelevant for Sarah when making decision for the Job offer.
Answer:
its b llolł
Explanation:
