The answer is (OPTION D) the nominal interest rate is 8%. The nominal interest rate is the rate of interest that banks, debt issuers, and investment firms advertise for loans and various sorts of investments.
It is the specified interest rate that is earned or paid by the investments or lender. Therefore, if you as a borrower receive a $100 loan at a rate of 6%, you can anticipate paying an interest fee of $6. The interest rate that is quoted at a bank on any particular day is an illustration of a nominal interest rate. This is the nominal interest rate if a bank offers a car loan with an annual interest rate of 2.59%.
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Which of the following is considered a benefit for broker-dealers offering margin accounts to their customers?
The additional income generated from the payment of margin interest is considered a benefit for broker-dealers offering margin accounts to their customers.
A trader with a margin account can borrow money from their broker without having to put up the whole amount of the trade. In general, a margin account enables a trader to trade both stocks and other financial instruments like futures and options (if permitted and offered by that broker).
Investors can boost their buying and trading power by taking out a loan from a broker-dealer through a margin account. Leverage is a component of margin account investing that raises the possibility of an investor's gains and losses being amplified.
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Cooke Corporation issues 10,000 shares of $50 par value preferred stock for cash at $80 per share. The entry to record the transaction will consist of a debit to Cash for $800,000 and a credit or credits to a. Preferred Stock for $800,000. b. Preferred Stock for $500,000 and Paid-in Capital in Excess of Par-Preferred Stock for $300,000 c. Preferred Stock for $300,000 and Paid-in Capital from Preferred Stock for $500,000. d. Paid-in Capital from Preferred Stock for $800,000
Preferred Stock for $500,000 and Paid-in Capital in Excess of Par-Preferred Stock for $300,000 is correct answer.
Thus, Option B is correct.
The journal entry to record the issuance is shown below :
General Journal | Debit | Credit |
-Cash (10,000 shares * $50). | $500,000 | |
-Paid-in Capital in Excess/Preferred Stock (10,000 shares * $30) | | $300,000 |
Preferred stock (10,000 shares * $80) | | $800,000 |
The corporation issues preferred stock, a hybrid security, to raise money from investors in exchange for their preferred shares of the business. A stated dividend rate is included in the stock's issuance. A corporation may issue a number of different forms of preferred shares.
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previously, management calculated the number of kanban cards allowed by using a value of 1.3 for x. assuming nothing else (e.g., usage rates, container capacities, etc.), which of the following values for x would indicate management's belief that the system has become more efficient? multiple choice 1.4 2.6 2.3 1.2 1.5
Decreasing values for X indicate, everything else being equal, a system that is improving in efficiency at 1.2.
The term efficiency can be defined because the capability to gain an give up intention with little to no waste, effort, or electricity. Being efficient way you may obtain your results by using putting the sources you have got in the great manner viable. positioned really, some thing is efficient if nothing is wasted and all procedures are optimized.
efficiency is whilst you do the same matters quicker or with much less waste. as an example, you may find a higher manner to run a venture fame assembly so it takes half-hour on average rather than 45 mins. Effectiveness is locating a manner to improve effects, possibly with the aid of doing some thing very otherwise.
enterprise performance refers to how a good deal a corporation or business enterprise can produce because it pertains to the quantity of time, money and resources needed. In different phrases, a enterprise's efficiency measures how well it may rework things like substances, hard work and capital into products and services that produce sales.
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The Rational Rule for Sellers is that sellers should choose the quantity _____ and choose the price _____.
1where marginal revenue equals marginal cost; with maximum marginal revenue
2that is associated with a minimum average total cost; with maximum marginal revenue
3that is associated with a minimum average total cost; that is on the seller's demand curve for the quantity
4where marginal revenue equals marginal cost; that is on the seller's demand curve for that quantity
The Rational Rule for Sellers is that sellers should choose the quantity where marginal revenue equals marginal cost and choose the price that is on the seller's demand curve for that quantity.
The rational rule for sellers states that if the price is: less than the marginal cost; less than the marginal benefit; or more than or equal to the marginal benefit, the seller should sell one more unit of the good.
The Rational Rule for Buyers states that one should purchase more of anything if the additional benefit outweighs (or is equal to) the price.
The foundation of economic theory is the premise that people's economic choices are reasonable. This has two capabilities: Most of the time, they want to maximize their own financial self-interest. They are able to calculate the financial costs and reward themselves for different decisions.
Hence the correct option is 4
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In which of the following market structures is firm interdependence and strategic behavior most commonly observed?
a) Monopoly protected by a patent
b) Short-run perfect competition
c) Monopsony
d) Oligopoly
e) Monopolistic competition
Option D is correct, Oligopoly market structures are firm interdependence and strategic behavior most commonly used.
It is a market structure in which a small group of significant sellers or producers control an entire market or sector. Oligopolies frequently arise from the goal to maximize profits, which can result in corporate collaboration. It exists when there are two to 10 vendors offering similar or distinctive goods in a market. The market for cold drinks is a prime illustration of an oligopoly. No single company has a significant degree of market power in an oligopoly. As a result, no company may raise prices above what would be the case in a world of perfect competition.
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lisun company produces a variety of gardening tools and aids. the company is examining the possibility of investing in a new production system that will reduce the costs of the current system. the new system will require a cash investment of $4,607,200 and will produce net cash savings of $800,000 per year. the system has a projected life of 9 years. required: calculate the irr for the new production system. for discount factors use exhibit 12b-2. round your answer to the nearest whole percentage. fill in the blank 1 %
The IRR for the new production system is 80%.
A cash investment is a short obligation, sometimes fewer than ninety days, that gives a come back within the variety of interest payments. Investors that are trying to find a secure investment and looking out to preserve their capital can prefer secure investment vehicles, like money investments.
Net cash is a figure that's reportable on a company's monetary statements. It's calculated by subtracting a company's total liabilities from its total cash. Net cash figure is often used once evaluating a company's money flows. Net cash is calculated by subtracting liabilities from a company's money balance.
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your company provides testing services that help customers identify and resolve performance issues with their software and e-commerce sites before they go live. to perform accurate testing, a large number of computers are required, sometimes numbering in the hundreds. recently, you have noticed that the lights in the testing lab seem dimmer than normal and sometimes flicker. which of the following electrical terms best describes the condition you are most likely experiencing?
Brownout best describes the condition you are most likely experiencing.
A brownout is a drop in voltage in an electrical strength deliver machine. accidental brownouts may be because of immoderate power demand, extreme climate activities, or a malfunction or error affecting electric grid manage or monitoring structures.[1][2] Intentional brownouts are used for load discount in an emergency, or to save you a complete grid electricity outage because of excessive call for.[3] The time period brownout comes from the dimming of incandescent lighting while voltage reduces. In a few nations, the time period brownout refers no longer to a drop in voltage however to an intentional or unintentional strength outage (or blackout).
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The Cost Of Goods Available For Sale Consists Of The Cost Of Beginning Inventory Plus The Cost Of Goods Purchased During The Period.
The statement 'The cost of goods available for sale consists of the cost of beginning inventory plus the cost of goods purchased during the period' is false.
The cost of a good is set by such a process that the inventory plus the cost that it took for the production of that product are considered. The cost of all the goods that are purchased during that period is not considered when setting the cost of goods. Hence, the statement above is false.
The cost of goods if including the goods purchased during that period will be much higher and goods cannot be sold at such a high value as customers will not buy them then. Hence, only the inventory cost and the making of the product are considered when the cost of goods is set.
Although a part of your question is missing, you might be referring to this question:
The cost of goods available for sale consists of the cost of beginning inventory plus the cost of goods purchased during the period. True or False
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John Kim agrees to contribute equipment with a fair market value of $5,000 in exchange for 100 shares of Rio Inc.'s common stock with a par value of $1 per share. Rio will record this transaction as a credit to which of the following accounts? (Check all that apply.)Common Stock
Paid-in Capital in Excess of Par Value
Common Stock Paid-In Capital Exceeding Par Value is one of the following accounts about Common Stock Paid-in Capital in Excess of Par Value.
What Are Common Stocks, Exactly?The board of directors is chosen by common stock holders, who also decide on corporate strategy. This kind of stock ownership often offers better long-term rates of return. The rights of common shareholders to a company's assets, however, do not begin in the case of a liquidation until all bondholders, preferred shareholders, and other debt holders have been fully compensated.
The common stock of a corporation is disclosed in the shareholders' equity section of the balance sheet. Whatever assets are left over following a liquidation go to common stockholders after creditors, bondholders, and preferred stockholders have been compensated.
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Answer: Paid-in Capital in Excess of Par Value & Common Stock
Explanation:
suppose antonio and trinity are playing a game that requires both to simultaneously choose an action: up or down. the payoff matrix that follows shows the earnings of each person as a function of both of their choices. for example, the upper-right cell shows that if antonio chooses up and trinity chooses down, antonio will receive a payoff of 4 and trinity will receive a payoff of 5. trinity up down antonio up 4, 8 4, 5 down 2, 2 3, 4
The pay off matrix for Antonio and Trinity is illustrated below.
Pay off matrix:
In economics, a payoff matrix refers a table in which strategies of one player are listed in rows and those of the other player in columns and the cells show payoffs to each player such that the payoff of the row player is listed first.
Here we need to find the pay off matrix of Antonio and Trinity.
Here we know that, if Antonio chooses up and trinity chooses down, Antonio will receive a payoff of 4 and trinity will receive a payoff of 5.
Trinity
left Right
Antonio left 6,6 6,3
Right 4,3 5,5
Here the first digits in both left and right is Antonio's best response payoff given what Caroline chooses and the second digit on both left and right is Caroline's best response payoff based on what Antonio chooses.
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Good research habits are critical to generating accurate, well-documented reports. Which of the following is a purpose for documentation of report data? Check all that apply. O To use others' ideas without giving credit to your sources. O To enable readers to make use of the information themselves.
O To prevent readers from pursuing a topic further O To save time
The purpose for documentation of report data is B: to use others' ideas without giving credit to your sources.
While documenting data, when the author includes the ideas and concepts of others in their writing, it is important that the idea should be recognizing and referring to the author who originally created that idea. Whenever you collect information and document it, it is considered a good practice that in your documentation when you report data, you should cite the idea to its associated author to give him credit rather than to yourself. It is considered to be a good research habit and is critical to generating accurate, well-documented data reports.
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Morgan Company issues 10%, 20-year bonds with a par value of $850,000 that pay interest semiannually. The current market rate is 9%. The amount paid to the bondholders for each semiannual interest payment is:
Answer Choices:
1) $425,000
2) $42,500
3) $76,500
4) $85,000
5) $38,250
The amount paid to the bondholders for each semiannual interest payment is $42,500 for a deposit of $850,000.
What is a deposit?Money held at a bank is referred to as a deposit in the world of finance.A deposit is a transaction in which money is transferred to another party for safekeeping. However, a deposit can also refer to a sum of money used as security or interest for the delivery of an item.A deposit might have two different meanings. One type of deposit entails the transfer of money to a third party for safekeeping.According to this definition, a deposit is cash that an investor deposits into a savings or checking account with a bank or credit union.The individual or entity who made the deposit retains ownership of the interest, and they are free to withdraw it whenever they like, move it to another person's account, etc.Amount of interest paid to the Bond Holder for every half yearly
Interest = 850,000x 10% x 6/12 = $42,500
Hence, The amount paid to the bondholders for each semiannual interest payment is $42,500.
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Century Manufacturing developed the following per-unit standards for its product: 4 pounds of direct materials at $6.40 per pound. Last month, 3,000 pounds of direct materials were purchased for $18,240. The direct materials price variance for last month was
a.) $960 F
b.) $480 F
c.) $480 UF
d.) 2160 UF
Please explain how.
The direct materials price variance for last month was Price Variance 960.00 F.
(standared cost-actual cost) (standared cost-actual cost)
Actual quantity equals DM price difference Standard cost $6.40; real cost $6.08 (18,240 total cost / 3,000 units bought).
quantity 3,000 (6.40-60.8)
3000 = Price Variation in DM
difference $3.00 multiplied by $0.32 results in a price variation of $960.00.
The actual price was less than expected. It was cheaper to buy each pound. This difference is advantageous.
How is the price variance calculated?This formula is used to determine price variance: Vmp is calculated as (Actual unit cost - Standard unit cost) x Actual Quantity Bought. Vmp is equal to the difference between actual quantity purchased and actual unit cost.
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___________________________ is theoretically possible, even sensible: give an industry a short-term indirect subsidy through protection, and then reap the long-term economic benefits of having a vibrant healthy industry.
A.) Opportunity cost
B.) The infant industry argument
C.) Dumping
D.) Import quotasB.) The infant industry argument
B.) The infant industry argument is theoretically possible, even sensible give an industry a short-term indirect subsidy through protection, and then reap the long-term economic benefits of having a vibrant healthy industry.
The goal of subsidies is to resource or assist what are deemed to be key elements of the economic system or national infrastructure. at the same time as subsidies may have a direct high-quality impact on the particular industry or agencies worried, economists argue that subsidies work in opposition to free alternatives and create marketplace inefficiencies.
Subsidies are available in diverse forms which include: direct (coins grants, hobby-loose loans) and oblique (tax breaks, insurance, low-hobby loans, expanded depreciation, rent rebates). furthermore, they can be vast or slim, prison or illegal, ethical or unethical.
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Which of the following prohibits consumers from taking cash from manufacturers, suppliers, or their representatives for making recommendations, reviews, or endorsements, unless full disclosure is provided?
A) the Word of Mouth Marketing Association's ethics code
B) the Fourth Principle of IMC
C) the American Association of Advertising Agencies' Creative Code
D) the TARES Test of Ethical Advertising
E) the Potter Box
A
The Word of Mouth Marketing Association's ethics code prohibits consumers from taking cash from manufacturers, suppliers, or their representatives for making recommendations, reviews, or endorsements, unless full disclosure is provided
The American Marketing Association pledges to support its members' upholding the highest standards of professional ethical standards and principles (practitioners, academics and students). Norms are accepted codes of behavior that are upheld by society and/or professional organizations.
The core of marketing, despite the fact that it encompasses a variety of activities, is satisfying client demands in exchange for fair compensation. Marketing, according to Management Help, identifies customer wants before deciding how to satisfy them.
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the accounts receivable turnover ratio is calculated by taking: multiple choice question. net credit sales / average accounts receivable average accounts receivable/ net sales net income / average accounts receivable average accounts receivable / net income
The accounts receivable turnover ratio is calculated by taking net credit sales / average accounts receivable.
Accounts Receivable (AR) Turnover Ratio Formula & Calculation The AR Turnover Ratio is calculated by dividing net sales by the average amount of accounts receivable. Net sales are calculated by adding the sum of sales on credit, sales returns, and sales allowances.Accounts receivable turnover ratio, which refers to the number of times your business collects its typical accounts receivable in a particular period, is a gauge of how effective your collections are. By dividing your net credit sales by your average accounts receivable for the time period, you may find the AR turnover ratio.The average number of times a firm collects its accounts receivable amount is measured by the accounts receivables turnover ratio. It is a measurement of how well a business manages its line of credit procedure and collects unpaid bills from customers.Thus the correct answer option A.
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comparing cash dividends and stock dividends weili corporation has 80,000 shares of common stock outstanding with a par value of $8. required: complete the table below for each of the two following independent cases: case 1: the board of directors declared and issued a 40 percent stock dividend when the stock was selling at $25 per share. case 2: the board of directors declared and paid a cash dividend of $2 per share. images explain how case 1 and case 2 will be reported on the statement of cash flows.
In Case 1 Increase in Stockholders' Equity is $400,000 and Case 2 Increase in Stockholders' Equity is $0
Case 1:
Cash Flow Statement:
Increase in Cash: $0
Increase in Stockholders' Equity: $400,000
Case 2:
Cash Flow Statement:
Increase in Cash: $160,000
Increase in Stockholders' Equity: $0
A cash flow statement is an important tool used to manage finances by tracking the cash flow for an organization. This statement is one of the three key reports (with the income statement and the balance sheet) that help in determining a company's performance.
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economics is the study of choice under conditions of scarcity. as individuals, and as a society, we have unlimited desires for goods and services. unfortunately, the resources needed to produce those goods and services are scarce. therefore, we must choose which desires to satisfy and how to satisfy them. economics provides the tools that explain those choices question 5 options: argument nonargument.
Economics is the study of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.
The social science of economics focuses on the analysis of resource scarcity. It examines variables that have an impact on how products and services are produced, distributed, and consumed in an economy. It investigates how people, organizations, and governments distribute limited resources.
People who study economics are better able to comprehend their surroundings. It makes it possible for people to comprehend other people, organizations, markets, and governments, enabling them to better react to the challenges and possibilities that arise when circumstances change.
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If the interest rate on debt is higher than the ROA, then by using debt a firm's ROE will A) decrease B) increase C) not change D) change but in an indeterminable manner
Option A. is accurate, as employing debt will reduce a firm's ROE if the rate of interest is larger than the ROA.
What distinguishes ROA from ROE?Two important metrics to assess a company's profitability are rate of return (ROE) and returns on assets (ROA). The primary difference between the two would be that ROA considers leverage and debt, whereas ROE does not. By dividing ROA even by equity multiplier, ROE may be determined.
What is preferable, ROA or ROE?The best metric to use to assess a company's financial performance is ROA. Respectable earnings are being produced thanks to improved ROE, better ROA, and manageable debt. Lower ROA and higher ROE can lead to confusion.
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When participating in major projects in college marketing classes, effective teams can use a __________ to be sure that each team member does a fair amount of work and that class projects are finished efficiently and on time
Answer:
Gantt chart
Explanation:
When participating in major projects in college marketing classes, effective teams can use a Gantt chart to be sure that each team member does a fair amount of work and that class projects are finished efficiently and on time.
tara corp. uses the equity method of accounting for its 40% investment in flax, inc.'s common stock. during 20x9, flax reports earnings of $750,000 and pays dividends of $250,000. assume that: all the undistributed earnings of flax will be distributed as dividends in future periods. the dividends received from flax are eligible for the 80% dividends-received deduction. there are no other temporary differences. tara's 20x9 income tax rate is 30%. enacted income tax rates after 20x9 are 25%. in its december 31, 20x
The increase in the deferred income tax liability from the above transactions would be $10,000.
Equity method in accounting is that the method of treating investments in associate firms. Equity accounting is sometimes applied wherever a capitalist entity holds 20–50% of the stock of the associate company, and thus has important influence on the latter's management
A balance sheet is a plan that reports a company's assets, liabilities, and shareowner equity. The balance sheet is one in all the 3 core money statements that area unit wont to judge a business. It provides a snap of a company's finances (what it owns and owes) as of the date of publication.
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Tara corp. uses the equity method of accounting for its 40% investment in flax, inc.'s common stock. during 20x9, flax reports earnings of $750,000 and pays dividends of $250,000. assume that: all the undistributed earnings of flax will be distributed as dividends in future periods. the dividends received from flax are eligible for the 80% dividends-received deduction. there are no other temporary differences. tara's 20x9 income tax rate is 30%. enacted income tax rates after 20x9 are 25%. Tara elected early application of FASB Statement No. 109, Accounting for Income Taxes. In its December 31, 2005 balance sheet, the increase in the deferred income tax liability from the above transactions would be
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Samuel was recently hired as a risk management professional for Parker Property Management. He has been asked by senior management to review the organization's current insurance policies to make sure that the organization is adequately protected, and also see if there are any opportunities to save on the premiums. Samuel must do which one of the following through internal communication before he will be able to complete this task?
Select one:
A. Earn the confidence of the organization's board of directors
B. Determine the organization's risk appetite
C. Become familiar with industry regulations
D. Identify all of the risks that the organization faces
Samuel must do B. Determine the organization's risk appetite.
The insurance policy is a contract between the insurance company and also the customer, that determines the claims that the insurance company is lawfully needed to pay. In exchange for associate initial payment, called the premium, the insurance {underwriter|underwriter|nondepository financial institution} guarantees to obtain loss caused by perils coated under the policy language.
In insurance, premium equates to the money that's paid by any individual or company/business for availing of associate contract. The premium quantity is influenced by multiple factors and varies from one receiver to a different.
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refer to scenario 13-19. in producing the 7,000 pounds of cheese, the firm's average variable cost was a. $4.00. b. $5.71. c. $1.71. d. $6.00.
The firm's average variable cost was $4.00. Therefore, option (a) is the correct answer.
A variable expense is one that a business bears and that shifts along with output and sales. It is not fixed, unlike fixed costs. The variable cost increases as production increases because additional raw materials must be purchased.
Variable cost plus fixed cost equals the total cost of production. The difference between sales and total costs is used to determine profit. A business must reduce its overall costs if it wishes to boost earnings. Cost reduction requires a decrease in variable expenses because fixed costs are nearly hard to cut.
In the given question,
Quantity, Q = 7,000 units
Total Variable Cost, VC = $28,000
Therefore,
Average Variable Cost, AVC = VC/Q
= 28,000/7,000
= $4
Therefore, $4.00 is the required average variable cost.
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Complete question:
Scenario 13-19
Doreen’s Dairy produces and sells Swiss cheese. Last year, it produced 7,000 pounds and sold each pound for $6. In producing the 7,000 pounds, the dairy incurred variable costs of $28,000 and a total cost of $40,000.
Refer to scenario 13-19,
In producing the 7,000 pounds of cheese, the firm's average variable cost was
a. $4.00. b. $5.71. c. $1.71. d. $6.00.
If an activity is determined to be on the critical path, that means that it will affect project ____________. A. direct costs B. performance C. quality D. conflict E. duration
If an activity is determined to be on the critical path, that means that it will affect project duration.
Describe critical path in a project.The fundamental tenet of critical path analysis is that you can't begin some tasks until others have been completed. Each stage of these duties must be finished before the next may start in order to be accomplished. The critical route is made up of the lengthiest series of tasks that must be carried out from beginning to end in order to guarantee that the project is accomplished by a specific date. The vital path's actions need to be closely monitored. Take prompt steps to put the project back on track if tasks in the critical path are delayed. If not, the entire project may be delayed.
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TRUE/FALSE. the diagnostic report sent to all failed examinees lists the percentages of correctly answered questions in each knowledge area of the exam.
False The percentages of questions that were correctly answered for each knowledge area are listed in the informational report that was issued to all failed test takers.
A diagnostic service will normally deliver a diagnostic report once the results of the investigations are known. An assortment of atomic findings, written reports, photos, and codes make up the information. Depending on the nature of the diagnostic process and occasionally the nature of the findings for a certain investigation, the mix changes.
An analytical report is a business document that displays both quantitative and qualitative performance data on the company under analysis so that management can draw conclusions and assess business plans.
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"I believe great decisions are made with care, made with conviction, not made with polls. I do not need to take your pulse before I know my own mind. I do not reinvent myself at every turn. I am not running in borrowed clothes. When I act, you will know my reasons."
-George W. Bush, Acceptance Speech, Republican National Convention, August 3, 2000
Which of the following statements best summarizes Governor Bush's argument?
He does not use polls to decide his stance on the policy of the following statements best summarize Governor Bush's argument.
Bush professes to appreciate the necessity of government involvement in private financial matters if they are anticipated to have a negative influence on the economy as a whole. Bush typically favors free-market capitalism. National and international environmental organizations have blasted Bush for rolling back environmental regulations that date back more than three decades.
Significant income tax reductions during the Bush administration in 2001 and 2003, the introduction of Medicare Part D in 2003, increased military spending for two wars, a housing bubble that fueled the subprime mortgage crisis of 2007–2008, and the Great Recession that followed, were all characteristics of the administration.
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documents stored on the world wide web are written and linked together using . businesses develop intranets so that valued customers have access to internal information that is not available to the general public. give managers access to large amounts of data and the processing power to convert the data into high-quality information quickly and efficiently. the two broad categories of software are: are files of related facts and figures organized according to a logical system and stored on hard drives or some other computer-accessible storage media. a(n) is an internet-based firm that specializes in the secure electronic transfer of funds. alice, the global marketing director of a multinational electronics manufacturing firm, is assigned the task of expanding her firm in growing new markets. she learns that the labor is expensive and that the technical equipment required for production is unavailable in the international market. in this case, which of the following is most likely affecting the global trade of alice's firm? companies typically engage in to meet the needs of customers that don't have access to hard currency or credit. the expresses the value of one nation's currency in terms of another nation's currency. means buying products from overseas that have already been produced. identify a true statement about comparative advantage. balance of payments deficit means that: balance of payments includes foreign borrowing and lending, foreign aid payments and receipts, and foreign investments. is the benefit a country has in a given industry if it can make products at a lower opportunity cost than other countries. quitor inc., which is based in the u.s., contracts with falconnien suppliers, a small-scale supplier in taiwan, to manufacture its computers and tablets across the world. this strategy by quitor inc. is an example of . which of the following is the most costly form of foreign direct investment?
The correct answer is intranet. Employees must be linked to the company LAN, have a unique network password, and access their workplace intranet.
What is intranet?An intranet is a private network that is part of an organisation and is used to securely distribute data and computing resources among staff members.
Working in groups and holding teleconferences are two other uses for intranets.
Intranets promote internal communication in businesses. To maintain intranet security, a database with all the usernames of workers with network access credentials is frequently employed.
A web server that handles requests for data stored on the server is necessary for a safe and dependable intranet. The requested files are located by the web server, who then sends them to the correct user.
Leased lines linking to resources on wide area networks and connected local area networks can make up an intranet. TCP/IP, HTTP, and other internet protocols are used by the intranet's web server.
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Judith is a CPA with an excellent reputation and client base. She sells her tax preparation business to Shawn, and the sales contract includes a non-compete clause restricting Judith from opening a similar business for one year within a 10-mile radius of her former office. If she opens a tax preparation office five miles away after one year, a court would probably
a. order confiscation of all of her new client files and turn them over to Shawn.
b. refuse to enforce the non-compete clause, as it is unreasonable regarding time and geographic area.
c. grant an injunction barring her from operating the new office.
d. refuse to become involved, as the non-compete clause was illegal.
If Judith opens a tax preparation office five miles away after one year, a court would probably grant an injunction barring her from operating the new office.
How to explain the given situation?A CPA (Certified Public Accountant) is an accounting practitioner who has been granted authorization and a license by a state or territory to provide the general public with accounting services, including tax preparation.
The term "noncompete clause," also known as "NCC" refers to a scenario or provision in which one party or an individual agrees not to compete with the other party, either during or after the contractual relationship.
This language, which frequently appears in contracts between employers and employees, is meant to stop workers from getting into industries or professions that the employer deems to be directly competitive.
In this instance, a noncompete clause (NCC) in the sales contract that Judith made with Shawn prevents her from starting a competing business for two years within a 10-mile radius of her former workplace.
Therefore, If Judith opens a tax preparation office five miles away after one year, a court would probably grant an injunction barring her from operating the new office.
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Wilmington, Inc. brands touch the lives of people around the world. Assume that in the current year the company had 10 billion shares of common stock authorized, 4 billion shares issued, and 3 billion shares outstanding. Par value is $1 per share. Wilmington, Inc. has been paying a dividend for over 100 years. Required: Assume that Wilmington, Inc. declared a dividend of $2.65 per share on October 1 to stockholders of record on October 15. Wilmington, Inc. paid the dividend on October 20. Prepare journal entries as appropriate for each date. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars not in billions (i.e., 1,000,000,000 not 1.0).) View transaction list Journal entry worksheet 2 3 Record the journal entry on October 1. Note: Enter debits before credits. General Journal Debit Credit Date October 01
Based on the information given the appropriate journal entries for Wilmington, Inc. are:
Wilmington, Inc. Journal entries
1. October 1, 2014
Retained Earnings $7,350,000,000
To Dividend Payable $7,350,000,000
(3 billion shares× $2.45)
(To record dividend declaration)
2. October 15, 2014
No Journal Entry
3. October 30, 2014
Dividend Payable $7,350,000,000
To Cash $7,350,000,000
(3 billion shares× $2.45)
(To record payment of dividend)
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Which of the following is not a derivative security?
a. a call option on a stock index
b. a futures contract
c. an interest rate swap
d. a repurchase agreement
e. All of the above are derivative securities.
Answer: d. a repurchase agreement
A repurchase agreement is not a derivative security. The correct answer is D.
A financial instrument whose value is based on the cost of another asset is referred to as a derivative security. Futures, forwards, alternatives, and swaps are the four main categories of derivatives. A convertible bond is an illustration of a by-product protection.
A protection with a rate that is based on or derived from one or more underlying properties is known as a spinoff. An arrangement between two or more parties that is based primarily on the asset or property is called a spinoff. Its price is determined by changes in the value of the underlying asset.
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