Answer:
$366,667
Explanation:
Average stock can be regarded as stock at the beginning of the period as well as stock towards ending of it
Given:
annual sales =$1,840,000
annual stock turnover =5.4.
average stock can be calculated as
average stock =annual sales/
annual stock turnover
= 1,840,000/ 4.5
= $366,667
Hence the average stock in a department is $366,667
Which of the following post-secondary education options operates as an educational nonprofit organization who receives funding through tuition, donations and endowments? Private universities Vocational and trade schools Community colleges Public universities
Answer:
Private universities
Explanation:
Private universities is the post-secondary education options which operates as an educational nonprofit organization who receives funding through tuition, donations and endowments. The Public Universities are mainly funded by state government, Vocational/Trade Schools are schools which focus on specific topics or careers and Community College are schools which issue 2 years degree which options to transfer to Public or private university.
Private universities mainly operate as a non-profit organisation but one who revenues for operation majorly from tuition fee.
Which secondary effect of advertising refers to a change in the customer’s opinion of the product over a period of time?
Rebello's preferred stock pays a dividend of $1.00 per quarter,and it sells for $55.00 per share.What is its effective annual (not nominal)rate of return?
A) 6.62%
B) 6.82%
C) 7.03%
D) 7.25%
E) 7.47%
Answer:
7.47%
Explanation:
Calculation for the effective annual rate of return
Using this formula
Effective annual rate of return=[1+(Preferred quarterly dividend+Preferred stock price]^Periods per year-1
Let plug in the formula
Where,
Periods per year =4
Preferred quarterly dividend=$1.00
Preferred stock price=$55.00
Effective annual rate of return = [1+ ($1.00/$55.00)]^4 - 1
Effective annual rate of return=(1+0.018181818)^4-1
Effective annual rate of return=(1.018181818)^4-1
Effective annual rate of return =1.0747-1
Effective annual rate of return =0.0747*100
Effective annual rate of return = 7.47%
Therefore Effective annual rate of return will be 7.47%
Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $65,000 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42. What is his portfolio's beta
Answer:
Beta= 0.9845
Explanation:
Giving the following information:
Stock A:
Investment= $65,000
Beta= 0.75
Stock B:
Investment= $35,000
Beta= 1.42
To calculate the beta of the portfolio, we need to use the following formula:
Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)
Beta= (0.65*0.75) + (0.35*1.42)
Beta= 0.9845
The government decides to reduce income taxes due to a recession in the economy over the past nine months. The reduction in income taxes will effectively boost spending in the economy if:__________.
A) Ricardian equivalence does not hold-people choose to save the majority of the extra income they now take home.
B) Ricardian equivalence does not hold-people choose to spend the majority of the extra income they now take home.
C) Ricardian equivalence holds--people choose to spend the majority of the extra income they now take home.
D) Ricardian equivalence holds-people choose to save the majority of the extra income they now take home.
Answer:
B) Ricardian equivalence does not hold-people choose to spend the majority of the extra income they now take home.
Explanation:
According to the Ricardian equivalence, in this the consumer wants to enjoy the similar wealth all over the life due to which the deduction of the tax would not likely to rise the consumption of the consumers. They spent the similar amount. Also the consumer try to expect the loss arise in the future because of the tax rise and at the same time the government can increased the tax so that the loss i.e. spent would be balanced.
Now in the given situation if Ricardian equivalence grasp the income deduction so the consumption would not rise due to which the company can be within the recession
hence, the correct option is B.
A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ________ the return to entrepreneurship, and this would ________ aggregate supply.
Answer:
A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ___increase_____ the return to entrepreneurship, and this would __increase______ aggregate supply.
Explanation:
This is the expected outcome that should naturally follow a tax rate reduction. The returns available to the entrepreneurs would increase, thus, increasing the aggregate supply, since production (GDP) would increase from the increased productivity of the entrepreneur. Then the entrepreneurs would be able to plough back some of their returns into the business. As a result, the overall market productivity will be increased and the goods available to the market would also increase proportionately.
An instrument that represents a standard and agreed upon value, used to purchase goods
and services and to pay debts, is called a:
Answer:
guitar
Explanation:
Give an example of an official in public service who failed to show probity, and explain your
answer. :
Answer:
The perfect and perhaps most commonly known is former U.S. President Richard Nixon.
Explanation:
Nixon was President of the United States from 1969 to 1974, he was elected for two periods, but he only finished one and less than half the other one. The reason is that he was embroiled in the Watergate scandal: an espionage campaign of the Democratic Party from Republican officials, including Nixon himself.
With these acts, Nixon, as the highest public official in the nation, failed to show probity, and dishonored the office of the president. He was quick to renounce the presidency, and would have faced legal challenges if not for his Vice President, Gerald Ford, who became president as his replacement, and issued him a presidential pardon immediately after.
What is equilibrium in econ
Answer:
when supply meets demand
Explanation:
Answer:
Equilibrium in Economics means the supply of a good is equal to the demand of a good.
Explanation:
The FDA banning a specific product that a company sells is an example of:_________
a. Systematic risk that cannot be diversified away.
b. Company-specific risk that cannot be diversified away.
c. Market risk that can be diversified away.
d. Diversifiable risk that cannot be diversified away.
e. Unsystematic risk that can be diversified away.
Answer: unsystematic risk that can be diversified away
Explanation:
The FDA banning a specific product that a company sells is an example of unsystematic risk that can be diversified away.
The above scenario is simply a company related risk and therefore an unsystematic risk but it can actually be diversified away by proper utilization and allocation of resources. Therefore, the correct option is E
The document shows a 1040 form.
A 1040 tax form.
The 1040 form is used to collect
Answer:
The 1040 form is used to collect the federal tax.
Answer:
federal taxes
Explanation:
Given the following data:
Net sales $430,000
Cost of goods sold $80,000
Gross profit $350,000
Operating expenses $50,000
Net income $300,000
In vertical analysis, net income would be expressed as: (Round your final answer to the nearest whole percent)
A. 12%.
B. 81%.
C. 70%.
D. 19%
Answer:
C. 70%.
Explanation:
Calculation for the net income
Using this formula
Net income=Net income/Net Sales
Let plug in the formula
Net income= $300,000/ $430,000
Net income=70%
Therefore the net income would be expressed as 70%
The corporate certificate issued to an investor that has loaned money to the corporation or government is called a:________.
Answer:
Bond
Explanation:
The bond is a security of debt in which the issuer owes the debt holder and based on the terms and conditions of the bond have the obligation or responsibility to pay them the interest i.e. coupon or to make the repayment of the principal amount at some future date i.e. maturity date. Here the interest could be paid on monthly, semiannual, etc basis
Also the certificate is to be issued to an investor regarding the money loaned to the government
Therefore the above is the answer
who is itachi uchiha
Answer:
older brother of Sasuke Uchiha and is responsible for killing all the members of their clan, sparing only Sasuke. :)
Explanation:
Answer:
Itachi was a kind-hearted human being by nature but he was FORCED into doing all the horrible acts and to live as a Rogue. It were Danzo and Tobi who played on Itachi's kindness and his love for Sasuke to force him into committing a genocide.
MPA is a very rare auto immune disease that causes antibodies to attack blood cells causing them to bleed as they become damaged and inflamed. MPA also attacks the vital organs of the body and causes bleeding, coughing, and fatigue which Itachi shows throughout the series.
He has incredibly keen battle sense, an uncanny ability to analyze techniques and find their weak spot, he matured his sharingan at an incredibly young age, he's a beast in shuriken jutsu, fire jutsu, and many Uchiha techniques (probably knows Uchiha Reflection), with Tsukuyomi he can bend space and time at a whim.
ITACHI IS MY SECOND FAVORITE CHARACTER
Explanation:
. Define corporate-level strategy. What are the different levels of diversification firms
can pursue by using different corporate-level strategies?
Answer:
Tipos de diversificación empresarial
Explanation:
°Inversión propia. Constituye la fórmula de diversificación más seguida, puesto que supone echar mano de los recursos propios a la hora de intentar conquistar nuevos espacios productivos y clientes.
°Adquisición total o parcial de una empresa.
°Diversificación relacionada.
°Diversificación no relacionada.
MCDONALDS GIVE DIRECTIONS
Answer:
TAKE A LEFT
Explanation:
ON 123 SESAME STREET
yessssssssssssssssssssssss
Use Scenario: A Small-Town Monopolist. If this monopolist must choose between selling 100 or 175 subscriptions, it will choose to sell _____ units at a price of _____ and earn economic profits equal to _____.
a. 175; $10; $500.
b. 100; $10; $750.
c. 175; $15; $1,000.
d. 100; $15; $1,000.
Answer:
The correct option is d. 100; $15; $1,000.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
Scenario: A Small-Town Monopolist A monopolist sells cable subscriptions in a small town and finds that it can sell 100 subscriptions when the price is $15 a week and 175 subscriptions when the price is $10 a week. The MC for the provision of the cable is $5 a week. There are no fixed costs.
Use Scenario: A Small-Town Monopolist. If this monopolist must choose between selling 100 or 175 subscriptions, it will choose to sell _____ units at a price of _____ and earn economic profits equal to _____.
Explanation of the answer is now given as follows:
Step 1: Calculation of profit when 100 subscriptions is sold
Total revenue = Number of subscriptions sold * Price a week = 100 * $15 = $1,500
Total cost = Number of subscriptions sold * MC a week = 100 * 5 = $500
Economic profit = Total revenue - Total cost = $1,500 - $500 = $1,000
Step 2: Calculation of profit when 175 subscriptions is sold
Total revenue = Number of subscriptions sold * Price a week = 175 * 10 = $1,750
Total cost = Number of subscriptions sold * MC a week = 175 * 5 = $875
Economic profit = Total revenue - Total cost = $1,750 - $875 = $875
Conclusion
Since the economic profit of $1,000 made when 100 subscriptions is sold is higher than the economic profit of $875 made when 175 subscriptions is sold, thee monopolist will choose to sell 100 units at a price of $15 and earn economic profits equal to $1,000.
Therefore, the correct option is d. 100; $15; $1,000.
а.
When organizing your business writing, you want to make sure that
Your name is at the top right corner
b. The main idea is at the very beginning
C Each sentence contains many ideas
d Each point has some fluff to make it longer
Answer:
B
Explanation:
You dont want to do the other things, as those are unprofessional
When organizing your business writing, you want to make sure that the main idea is at the very beginning. The appropriate response is option B.
What makes an effective business writing?Writing that is employed in a professional environment is known as business writing. It is an intentional piece of writing that effectively, succinctly, and clearly delivers pertinent information to the reader. Client proposals, reports, notes, emails, and notifications are all included.
Companies utilize business writing as a communication tool to reach both their internal and outside audiences. Emails, memoranda, letters, reports, and promotional materials are all included.
Effective business writing is characterized by clarity of concept, conciseness, proper syntax and sentence structure, and simple language.
To learn more about business writing
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Ferris Company began 2018 with 6,000 units of its principal product. The cost of each unit is $6. Merchandise transactions for the month of January 2018 are as follows:
Purchases
Date of Purchase Units Unit Cost* Total Cost
Jan. 10 5,000 $ 7 $ 35,000
Jan. 18 6,000 8 48,000
Totals 11,000 83,000
*Includes purchase price and cost of freight.
Sales
Date of Sale Units
Jan. 5 3,000
Jan. 12 2,000
Jan. 20 4,000
Total 9,000
8,000 units were on hand at the end of the month.
Required:
Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives:
1. FIFO, periodic system.
2. LIFO, periodic system.
3. LIFO, perpetual system.
4. Average cost, periodic system.
5. Average cost, perpetual system.
Calculate January's ending inventory and cost of goods sold for the month using FIFO, periodic system.
Answer:
date of purchase units cost per unit total cost
beginning inv. 6,000 $6 $36,000
January 10 5,000 $7 $35,000
January 18 6,000 $8 $48,000
total 17,000 $7 $119,000
date of sale units
January 5 3,000
January 12 2,000
January 24 4,000
ending inventory = 8,000 units
1. FIFO, periodic system.
ending inventory = (6,000 x $8) + (2,000 x $7) = $62,000
2. LIFO, periodic system.
ending inventory = (6,000 x $6) + (2,000 x $7) = $50,000
3. LIFO, perpetual system.
COGS = (3,000 x $6) + ((2,000 x $7) + (4,000 x $8) = $64,000
ending inventory = $119,000 - $64,000 = $55,000
4. Average cost, periodic system.
ending inventory = 8,000 x $7 = $56,000
5. Average cost, perpetual system.
COGS = (3,000 x $6) + ((2,000 x $6.625) + (4,000 x $7.3125) = $60,500
ending inventory = $119,000 - $60,500 = $58,500
Getting certain advanced certifications can require ______.
a.
Passing knowledge tests
b.
Years of experience
c.
Extensive training
d.
All of the above
Answer:
d. All of the above
Explanation:
Advanced certificate programs as the name entails are only for professionals who are established in their careers line. Ordinary or new professionals cannot get this certificate as it requires experiences and job test to acquire the certificate. Passing knowledge tests, years of experience and extensive training are all requisite to possess to be able to acquire advance certificate.
Answer:
d all of the above. HOPE THIS HELPS!!
Explanation:
Type the correct answer in the box. Spell all words correctly.
Identify the buying or selling process described in the given scenario.
Donna runs a men's apparel manufacturing company. She is reviewing the different suppliers who can supply her company with the required
raw materials.
Donna is going to engage in
buying ______?
Explanation:
Donna is going to engage in
buying raw materials?
Which of the following is NOT a factor affecting the cost of insurance?
Business history
Location of business
Business management style
Competition of the business
Answer:
compitition of the bussiness
A European call and put option on the same security both expire in three months, both have a strike price of 20, and both sell for the price 3. If the nominal continuously compounded interest rate is 10% and the stock price is currently 25 , identify an arbitrage.
Answer:
Call payoff = Max [0, Stock price - Strike price]
Call payoff = Max[0,25-20]
Call payoff = 5
Put payoff = Max[0, strike price - stock price]
Put payoff = max[0,20-25]
Put payoff = 0
Strike price = K = 20
Stock price = S = 25
interest rate = 10% = 0.1
Time to expiry = T = 3 months = 3/12 = 0.25
Put call parity: C + K*Exp(-r*T) = P + S
C = P + S - K*Exp(-r*T)
Call = 3 + 25 - 20*exp(-0.1*0.25)
Call = 28 - 19.5062 =
Call = 8.4938 > 3
So, yes there is an arbitrage . Implied value is 8.4938 but trades at 3.00; Call option is trading cheap hence we should buy more call options.
best definition of a business cost
Answer:
The Business Cost includes all the costs (fixed, variable, direct, indirect) incurred in carrying out the operations of the business. It is similar to the real or actual costs that include all the payments and contractual obligations along with the book cost of depreciation on both the plant and equipment.
Explanation:
Petersen Company has a capital budget of $1.0 million. The company wants to maintain a target capital structure that is 55% debt and 45% equity. The company forecasts that its net income this year will be $800,000. If the company follows a residual distribution model and pays all distributions as dividends, what will be its payout ratio?
Answer: 43.75%
Explanation:
Payout ratio = Dividends paid / Earnings
Company has a Capital budget of $1 million which must be financed by 45% equity.
= 1,000,000 * 45%
= $450,000
This will be taken from the Net income which would leave the following for dividends;
= 800,000 - 450,000
= $350,000
Payout ratio = 350,000/800,000
= 0.4375
= 43.75%
Please help me Im stuck on this
How much interest does a $407 investment earn at 6% over seven years?
Answer:
$170.94
Explanation:
interest is calculate using the formula
I= p x r x t
where p = principle amount: $407
r = interest rate: 6% or 0.06
t= time: 7 year
I= $407 x 0.06 x 7
I= $24.42 x 7
I= $170.94
Most food service establishment before the 18th century cater to ____.
1. Farmers
2.travelers
3. city dwellers
4. Royalty
An early 1970s government study ("Work in America") identified three chief sources of worker dissatisfaction. Which of the following is one of those sources?
Answer:
"The rigidity of rules and regulations " is the appropriate response.
Explanation:
Rigidity seems to be a distinguishing characteristic of the disposition among people with autism or disabilities. The same kind of perspective also requires an individual to implement strict guidelines to circumstances that require uncertainty as well as consistency.That being said, regulations, as well as standards, seldom operate stringently, with little difference throughout circumstances and conditions.
A one-year long forward contract on a non-dividend-paying stock is entered into when the stock price is $40 and the risk-free rate of interest is 10% per annum with continuous compounding. a. What are the forward price and the initial value of the forward contract? b. Six months later, the price of the stock is $45 and the risk-free interest rate is still 10%. What are the forward price and the value of the forward contract?
Answer:
The correct solution is:
(a) $44.21
(b) $47.30
Explanation:
(a)
According to the question,
Stock price,
S = $40
Risk free rate,
r = 10%
= 0.10
Delivery rate,
t = 1
Mathematical constant,
e = 2.72
Now,
The forward price will be:
⇒ [tex]F= S\times e^{(r\times t)}[/tex]
On substituting the estimated values, we get
⇒ [tex]=40\times 2.72^{(0.10\times 1)}[/tex]
⇒ [tex]=44.21[/tex] ($)
(b)
6 months later,
The forward price will be:
⇒ [tex]F= S\times e^{(r\times t)}[/tex]
⇒ [tex]=45\times 2.72^{(0.10\times 1)}[/tex]
⇒ [tex]=47.30[/tex] ($)
The initial value becomes assumed to be zero (0) since forward contracts constitute procurement deals which really determine the exchanging of a particular property though on a fixed period although at a price that has been accepted today.