Answer:
The correct answers are:
Lachelle selling 100 shares of stock
A farmer selling 100 bushels of corn
A local dairy farmer selling milk
Explanation:
To begin with, a perfect competition market is the one whose characteristics are the following: to have an homogeneous product; to have a lot of consumers and sellers as well so that they both are price takers given the forces of the market; to have transparent and clean information available for every consumer; there are not legal barriers at the entry or either at the exit for the companies.
Secondly, those situation are given in a perfect competitive market because they all have those characteristics. They are markets with homogeneous products and a lot of sellers and consumers as well.
Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your account be worth 6 years from now?
Answer:
$2,010
Explanation:
The future value of the savings account in 6 years can be computed using the below future value formula:
FV=PV*(1+r)^n
FV=unknown future amount
PV=current worth of the savings account=$1,200
r=annual interest rate=5%
n=number of years envisaged=6
FV=$1,500*(1+5%)^6
FV=$1,500*(1.05)^6
FV=$1,500*1.3400956
FV=$2,010
ls help!!! will give branly!!!
Why do you think that most careers in the Education and Training cluster require a college degree of some sort?
Aspen, Inc. developed a new horse transport device and incurred research and development costs of $250,000. Rather than continue with its own research, Aspen decided to purchase a patent for a similar design from Vail, Inc. for $350,000. What are the total assets and expenses for these developments?
a. Assets $600,000; Expenses $0.
b. Assets $250,000; Expenses $350,000.
c. Assets $350,000; Expenses $250,000.
d. Assets $0; Expenses $600,000.
Answer:
c. Assets $350,000; Expenses $250,000.
Explanation:
In a business enterprise there are five items to consider when estimating the financial position of a business: assets, liabilities, revenue, expense, and stockholder equity.
Assets are entities that are owned by a business and can be used to generate revenue.
In the given instance Aspen decided to purchase a patent for a similar design from Vail, Inc. for $350,000. This is procurement of an asset.
An expense is the amount a business spends on purchasing an item or obtaining a service. For example rent is an expense a business pays to use a property.
In the given instance Aspen, Inc. developed a new horse transport device and incurred research and development costs of $250,000.
This is an expense incurred in the course of developing a new horse transport device
Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?
a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13
Answer:
$87,878.88
Explanation:
Calculation How much do you need to earn this year
Using this formula
PV = FV/ (1 + r )^n
Where,
FV =Future Value=$100,000
PV = Present Value
r = rate of interest=6.5%
n= no of period=3 years
Let plug in the formula
PV = $100,000 / ((1 + 6.5%)^3)
PV = $82,784.91
Therefore the amount you need to earn this year will be $82,784.91
You purchased 1,400 shares of Barrett Golf Corp. stock at a price of $19.00 per share. While you owned the stock, you received dividends totaling $0.55 per share. Today, you sold your stock at a price of $21.00 per share. What was your total dollar return on the investment?
Answer:
$3,570
Explanation:
We can calculate this by first totaling the different gains and then adding them together. The first type of gain would be from the dividend payments, which since they total $0.55 per share we simply multiply this value by the total number of shares.
$0.55 * 1,400 = $770
The next gain that was obtained was from selling at a higher price than at what the shares were purchased. You sold at a $2 per share profit ($21 - $19)...
$2.00 * 1,400 = $2,800
Now that we have both types of gains we simply add them together to find the total dollar value return
$770 + $2,800 = $3,570
Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero. The growth rate is negative. The required rate of return is greater than the growth rate. The required rate of return is more than 50%. None of the above assumptions would invalidate the model. -Select-
Answer:
e. None of the above assumptions would invalidate the model
Explanation:
Incomplete question "The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"
According to dividend discount model,
P0 = D1/(R-G)
D1 - Dividend at t =1
R - Required rate
G - Growth rate
This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.
70 Marketing Dynamics .. .. : : . . : Part 4: Be Your Own Leader Leaders on a Top Secret Mission On December 6, 2011, a woman walked into a Michigan K-Mart and paid off someone else's layaway just in time for the holidays. That one act of kindness, completed in total secrecy, has taken on a life of its own. People have gone into stores with as much as $20,000 in their hands to anonymously pay off the layaways of others. Leaders give back, and they often do without wanting or needing recognition. A leader will always be willing to recognize others, share in other's successes, and help whenever and wherever they see a need. True leaders will do without expecting anything in return." As a leader, think of something you could do for someone else. You do not have to spend any money if you do not want to. Giving back is rarely about money. It can be as simple as leaving a note recognizing someone for the work he or she has done. ;. 1. Create your own secret mission. Decide what you can do as a leader to give back. Maybe you will volunteer at a local shelter or write a note to all of your teachers and place it in their school : mailboxes. There are so many things you could do; narrowing it down to just one thing might be the most difficult part. Fill in the following information about your secret mission. · i' ., . . .. . . ..... ....... . Mission title: Why I chose this mission: Why I believe it is important for leaders to give back: - . . NR22 W Date(s) of my mission:_ Resources I will need: - S. A W. W W Others I will need to include for the mission to succeed: mm / : VY. W : : : : TUTTE 1. . '. . 2. Once you have completed your mission, complete a self-reflection. Include other ways that, as a leader, you can give back in the future. Self-reflection: I.-.... YST - - - - Viet w Futürë thoughts and plans: .
A bond that matures in installments at regular intervals is a:_____
a. term bond.
b. serial bond.
c. periodic bond.
d. terminal bond.
Answer:
b. serial bond.
Explanation:
The serial bonds are the bond that matured the investment for a time period. In simple terms, the bond in which the maturity date is spread in a periodic manner over a time period that we called as a serial bonds
Since in the question the bond that matured the investment for a regular intervals so this represents a serial bond
Hence, the correct option is b.
Discuss the different types of competitive pressures that firms competing in a global marketplace face. How can firms respond to such pressures?
Explanation:
There are several types of competitive pressures that companies that compete in a global market face, we can mention as more relevant the number of companies that are in the market offering similar products, which means that there may be barriers for new entrants, and make companies need to significantly lower their unit costs and achieve economies of scale to keep their products / services at competitive prices.
In the global market there is also the pressure of socio-environmental responsibility that a company has in the locality in which it is operating, which makes it necessary to adapt the strategies and marketing of the company's operations, products and services to meet the legal and regulatory requirements. meet the demands of consumers according to their wishes and preferences to meet their needs and remain competitive and well positioned in the global market.
Presented below is pension information for Company Y for 2021.
Expected return on plan assets: $72,000
Interest on vested benefits: $45,000
Service cost: $150,000
Interest on projected benefit obligation: $63,000
Amortization of prior service cost due to increase in benefits: $54,000
The amount of pension expense to be reported for 2021 is:______
Answer:
The Amount of pension expense is $195,000
Explanation:
The computation of the amount of pension expenses reported is shown below:
Service cost $150,000
Interest on projected benefit obligation 63,000
Amortization of prior service $54,000
Less: Expected return on plan assets -$72,000
The Amount of pension expense is $195,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
How does the commerce clause affect the regulation of business?
Worrying about the choice of an overhead allocation base is a waste of time. In the end, all of the overhead is charged to production. Do you agree with the previous statement? Why or why not?
Answer:
You can do it???????????????
Explanation:
IT
Can anyone help me
What is more important than ability in making a good employee?
A. Education
B. Integrity
C. Family history
D. Salary
The more important than ability in making a good employee is the education. Thus, option (a) is correct.
What is employee?The term employee refers to the work in the company to earn the money. The employee is the provided the services to the company with exchange of the salary. The employees are the work with the unity are the increased the wealth of the company.
According to the employee, are the significant ability to the education. The education refers to the gaining knowledge and learning the new things. The person can earn money as they need to education. The education is level wise and based on capacity of the revised knowledge of the student. The education is included a basic necessity of the people.
As a result, the more significant than ability in making a good employee is the education. Therefore, option (a) is correct.
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Consider the economy of Athenia. In 2018, Athenia has a GDP of $100 billion and a net national debt of $50 billion. Over the next 5 years, Athenia experiences economic growth, increasing its GDP to $120 billion in 2023. During the same 5 year period, the net national debt increases to $55 billion. Calculate Athenia's debt ratio for 2018 and 2023.
Answer:
2018 50 %
2023 45.8%
Explanation:
Calculation for Athenia's debt ratio for 2018 and 2023
Calculation for 2018 Athenia’s debt ratio using this formula
2018 Athenia’s debt ratio=2018 Net national debt/2018 GDP
Let plug in the formula
2018 Athenia’s debt ratio= ( $50 billion/$100 billion)
2018 Athenia’s debt ratio =50 %
Calculation for 2023 Athenia’s debt ratio Using this formula
2023 Athenia’s debt ratio=2023 Increase in Net national debt/2023 Increase in GDP
Let plug in the formula
2023 Athenia ‘s debt ratio ($55 billion/$120 billion )
2023 Athenia ‘s debt ratio=45.8%
Therefore Athenia's debt ratio for 2018 will be $50% and 2023 will be 45.8%
_____ is a delivery model for software in which you pay for software on a pay-per-use basis instead of buying the software outright.
a. IaaS
b. SaaS
c. DSS
d. PaaS
Answer:
b. SaaS
Explanation:
The full form of SaaS is software as a service. It is a software which is to be paid by per user rather than buying the outright of the software. It is a subscription based where the user must have to pay the subscription fees on a monthly or yearly basis. When the subscription tenure is expired the user must have to pay the charges again to take the service
Therefore the option b is correct
You deposit $825 today in a savings account that pays 6% interest, compounded annually. How much will your account be worth at the end of 25 years
Answer:
the future value is $3,540.79
Explanation:
The computation of the amount after at the end of 25 years is shown below:
Amount = Principal (1 + rate of interest)^number of compounding period
= $825 (1 + 0.06)^25
= $825 (4.2919)
= $3,540.79
hence, the future value is $3,540.79
We simply applied the above formula so that the correct value could come
And, the same is to be considered
On November 19, Hayes Company receives a $15,000, 60-day, 10% note from a customer as payment on his account. What adjusting entry should be made on the December 31 year-end
Answer: A debit to Interest receivable at $175
A credit to Interest Revenue at $175
Explanation:
Interest revenue = Principal x rate s time ( from Nov 19 - December 31st)
=$15,000 x 10% x 42/360 ( taking days in a year = 360 days )
= $175
Adjusting Journal entry for Hayes Company on December 31st year end
Date Account titles Debit Credit
December 31st Interest receivable $175
Interest Revenue $175
Wally's Party Warehouse provides wholesale party equipment and materials to Party Shops. In 2019, Wally's Party sold 30 bounce houses at $30,000 each. The bounce houses carry a 3-year warranty for defects. Wally estimates that repair costs will average 2% of the total selling price. The estimated warranty liability at the beginning of the year was $26,000. Claims of $19,000 were actually incurred during the year to honor warranties.
What was the balance in the Warranty Liability account at the end of the year?
Answer:
he is probably a b!tsh for wasting money and I hope he is poor now
Explanation:
The most expensive benefit is usually
a. life insurance
b. retirement
C.
health care
d. day care
Please select the best answer from the choices provided
Ο Α
ОВ
C
D
Answer:
c
Explanation:
the health care because it is very expensive benefit
Answer:
C. Health care
Explanation:
Just took it on edge and got it right!!
I hope this helps!!!
Victor’s Repair Shop has a monthly target operating income of $20,000. Variable expenses are 60% of sales, and monthly fixed expenses are $12,000.
Requirements
1. Compute the monthly margin of safety in dollars if the shop achieves its income goal.
2. Express Victor’s margin of safety as a percentage of target sales.
3. What is Victor’s operating leverage factor at the target level of operating income?
4. Assume that the company reaches its target. By what percentage will the company’s operating income fall if sales volume declines by 12%?
Answer:
Explanation:c.m =40% contribution margin = target income +fixed expenses = 20000+12000=32000
Target sales 32000/.40=80000
Breakeven sales =12000/.40=30000 margin of safety dollars = 80000-30000=50000
Margin of safety 50000/80000=62.5
Operating ieverage =c.m/operating income
32000/20000=1.6
12%*1.6=19.2%
40% contribution margin = target income +fixed expenses
That is 20000+12000= 32000
What is contribution margin?The contribution margin is calculated by subtracting the selling price per unit from the variable cost per unit. The measure, also known as dollar contribution per unit, indicates how a specific product contributes to the overall profit of the company.
"Contribution" refers to the portion of sales revenue that is not consumed by variable costs and thus contributes to fixed cost coverage.
A sales target is the number of products that must be sold in order to make the desired profit. Well-defined sales targets help sales teams thrive. Sales targets enable you and your sales team to: set specific goals.
Target sales 32000/.40=80000
Breakeven sales =12000/.40=30000
margin of safety dollars = 80000-30000=50000
Margin of safety 50000/80000=62.5
Operating leverage = C.M /operating income
32000/20000=1.6
The percentage will the company’s operating income fall if sales volume declines by 12% =
12%*1.6=19.2%
To learn more about Contribution margin
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Mr. Rafiq owes Mr. Ahmed Rs. 7000 to be due in 5 years and Rs. 15,000 to be due in 7 ½ years. How much should Mr. Rafiq pay at the end of 6 years which may be acceptable to Mr. Ahmed if money is worth 8% compounded semi-annually?
Answer:
The correct response is "$20906.15".
Explanation:
Mr. Rafiq assigns Rs. 7000 should Mr. Ahmed to have been attributable throughout five years as well as Rs. 15000 to have been expected within seven and a half years.
Interest rate is,
r = 8%
Therefore at that age of 6 years, every single transaction becoming FV with payment after five years probably PV of compensation at 7 ½ years.
Now,
At year 6, the single payment will be:
= [tex]CF5\times (1+\frac{r}{2})^{2\times 1} + \frac{CF6}{(1+\frac{r}{2})^}{2\times 1.5}[/tex]
At year 6, the payment will be:
= [tex]7000\times (1+\frac{0.08}{2} )^2 + \frac{15000}{(1+\frac{0.08}{2})^2}[/tex]
= [tex]20906.15[/tex] ($)
The consolidation process applicable when intra-entity land transfers have occurred differs somewhat from that used for intra-entity inventory sales. What differences should be noted?
bAnswer:
b
Explanation:
A family spends $40,000 on living expenses. With an annual inflation rate of 6 percent, they can expect to spend approximately _______ in one year. Use Exhibit 1-A. (Round time value factors to 3 decimal places and final answer to the nearest dollar amount.) M
Answer: $42,400
Explanation:
The family currently spends $40,000 on living expenses.
Inflation is expected to be 6% and as Inflation is used to refer to the general rise in prices, this means that the family will be spending 6% more in one year.
They will therefore be spending;
= 40,000 * (1 + 6%)
= $42,400
"I before E, except after C, or when sounded like A, as in 'neighbor' or 'weigh' is an example of a mnemonic. What memory aid does this mnemonic use?"
A. Emotional connection
B. Visual images
C. Song or rhyme
Answer:
C. Song or rhyme
Explanation:
The memory aid is the testing technique in which the students are able to recall the things by practising them many times
Here in the given situation it is mentioned that I before E exclude C etc is an example of a mnemonic
So this represents the song or rhyme memory aid so that the mnemonic could be used as the following sequence is necessary in this
hence, the correct option is C.
Oriole Co. purchased goods with a list price of $181,400, subject to trade discounts of 20% and 10%, with no cash discounts allowable. How much should Oriole Co. record as the cost of these goods
Answer:
$130,608
Explanation:
To calculate the cost of goods sold per the above information, we need to calculate first the portion of the trade discount on the goods purchased.
Trade discount = Goods purchased × 20% trade discount
= $181,400 × 20%
= $36,280
The next step is to calculate Sales and Gross profit
Sales = [$181,400 - $36,280] = $145,120
Gross profit = $145,120 × 10% = $14,512
Therefore,
Cost of goods sold = Sales - Gross profit
Cost of goods sold =$145,120 - $14,512
Cost of goods sold = $130,608
Hence, Oriole Co. would record $130,608 as cost of goods sold.
Which of the following is correct?
a. APC + MPS = 1.
b. APS + MPC = 1.
c. APS + MPS = 1.
d. APC + APS = 1.
Answer:
Option d is correct.
Explanation:
We know that,
Income (Y) = Consumption (C) + Savings (S)
In can be written as
[tex]Y=C+S[/tex]
Dividing both sides by Y, we get
[tex]\dfrac{Y}{Y}=\dfrac{C+S}{Y}[/tex]
[tex]1=\dfrac{C}{Y}+\dfrac{S}{Y}[/tex]
[tex]1=APC+APS[/tex] [tex][\because APC=\dfrac{C}{Y}\text{ and }APS=\dfrac{S}{Y}][/tex]
Since APC+APS=1, therefore the correct option is d.
Fall Corp's total assets at the end of last year were $460,000 and its net income was $32,750. What was its return on total assets
Answer:
7.12%
Explanation:
Fall corporation total assets at the end of last year was $460,000
The net income was $32,750
Therefore the total return on assets can be calculated as follows
= net income / Total assets
= 32,750/460,000
= 0.07119×100
= 7.12%
Hence the return on total assets is 7.12%
5. In war time conditions, cigarettes have been used as money. What disadvantage do cigarettes have for trading compared with notes and coins? *
Answer:
The main disadvantage that cigarettes have over notes or coins is that they wear out more easily.
Explanation:
Cigarettes can fulfill the three functions of money: they can work as unit of account, as store of value, and as medium of exchange.
They are a commodity that is valued by many people, they are easy to carry, and they are easy to manufacture.
The problem is that they can easily wear out, break down, splinter, and so on, meaning that as money supply, they leave the monetary market more quickly, making the monetary market more unstable and more prone to imbalances and price changes.
If
you are
using $50 to buy your groceries, which function of money is
this?
Answer:
Medium of Exchange
Explanation:
A medium of exchange is an instrument used as an intermediary to facilitate the exchange of goods and services. A good medium of exchange must give a fair valuation of the items being traded. Money is a widely accepted medium of exchange.
Almost all items in a market have a monetary value attached to them. A Buyer or seller would easily know the amount of money needed to trade an item. The $50 is being used as a medium of exchange for the purchase of groceries. The seller accepts the money if they agree with the buyer on the quantity of groceries worth $50.
The Drogon Co. just issued a dividend of $2.96 per share on its common stock. The company is expected to maintain a constant 5 percent growth rate in its dividends indefinitely. If the stock sells for $35 a share, what is the company's cost of equity
Answer: 13.88%
Explanation:
The cost of equity can be used along with the variables given to calculate the price of a share using the Gordon Growth model so this can be remodeled to solve for the cost of equity.
Price of stock = (Dividend * (1 + growth rate)) / (cost of equity - growth rate)
35 = (2.96 * (1 + 5%)) / (cost of equity - 5%)
35 = 3.108 / (cost of equity - 5%)
(cost of equity - 5%) * 35 = 3.108
Cost of equity - 5% = 3.108 / 35
Cost of Equity = (3.108 / 35) + 5%
= 13.88%
