Answer:
Dr Cash 254,430
Dr Discount on bonds payable 2,570
Cr Bonds payable 257,000
Explanation:
Preparation of the journal entry to record the sale of these bonds on March 1, 2022
Based on the information given we were told that Brothers Inc. issues the amount of $257,000 that includes 10-year and 8% bonds at 99 which means that the journal entry to record the sale of these bonds on March 1, 2022 will be :
March 1, 2022
Dr Cash 254,430
(257,000*99%)
Dr Discount on bonds payable 2,570
([$257,000*(100%-99%)]
Cr Bonds payable 257,000
(Being to record the sale of bonds)
Offering customers different sized garbage bins for different disposal fees/prices, is one form of _______________ system.
Answer: VARIABLE-RATE OR “PAY-AS-YOU-THROW”
Explanation:
Offering customers different sized garbage bins for different disposal fees/prices, is one form of variable rate system.
Who are customers?
Customers are individuals or organizations who purchase goods or services from a seller or provider. They are the people or entities who pay for and use the products or services that a business offers.
Customers can be individuals, households, businesses, or government entities, and they may make purchases for personal or professional reasons.
The relationship between a business and its customers is a crucial aspect of its success, as satisfied customers are more likely to return for future purchases and recommend the business to others.
Giving customers different sized garbage bins for different disposal fees/prices. It is one form of variable rate system.
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An example of how the United States has tried to export its values structure through extraterritorial application of its laws is _____.
Answer:
remember the last time u were taught
Explain how the equilibrium wage rate is established.
A year ago, you purchased 300 shares of IXC Technologies, Inc. stock at a price of $9.05 per share. The stock pays an annual dividend of $.12 per share. Today, you sold all of your shares for $29.14 per share. What is your total dollar return on this investment?
Answer:
the total dollar return on this investment is $6,063
Explanation:
The computation of the total dollar return on the investment is shown below:
Sale value of shares (300 × $29.14) $8,742
Less: Purchase value of shares (300 × $9.05) -$2,715
Gain $6,027
Add: Dividend (300 × $0.12) $36
Total Dollar return $6,063
hence, the total dollar return on this investment is $6,063
An investment offers €4,000 per year for 10 years, with the first payment occurring one year from now. (Do not include the euro sign (€). Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Required:
If the required return is 9 per cent, what is the value of the investment?
Answer:
25,670.80€
Explanation:
this is an ordinary annuity since the first payment occurs one year from now. The present value of an ordinary annuity is given by the following formula:
present value = annual distribution x PV annuity factor
annual distribution =4,000PV annuity factor, 9%, 10 periods = 6.4177present value = 4,000 x 6.4177 = 25,670.80€
Technology often offers the potential of improving efficiency and effectiveness of trans-portation companies, but water carriers do not appear to have applied much new tech-nology to improve their service. What impediments slow technological progress in the water carrier industry?
Answer:
Water freight is a very important method of transportation and is the second cheapest (railroad is the cheapest). Huge volumes can be shipped at relatively low prices which is extremely important for raw materials and commodities.
The problem with water freight is that it is relatively slow though. Another problem that water freight faces is that it is cheap for medium and long distances, but uneconomical for short ones.
A great impediment for the technological progress of water freight is that most ports are obsolete and have not been updated in many years. Updating them is very expensive and many of them are public ports which doesn't help either.
Most new carrier ships (which are very high tech) are probably too big to fit into most US ports, so even if a carrier company invests huge amounts of money in them, where will they them? Technological progress must start with the ports, then water carriers should improve.
Another problem is that regulation is very loose in the US, especially regarding maritime ports.
If a firm has a cost of equity of 15 percent, and the firm is 100 percent equity financed. The firm is contemplating a $150 million expansion of its existing operations, funded by selling new stock. Flotation costs will run 10 percent of the amount issued. When flotation costs are considered, what is the cost of expansion?
a. $135 million
b. $150 million
c. $166.67 million
d. $175 million
e. $185.67 million
Answer:
c. $166.67 million
Explanation:
cost of expansion = new equity issued / (1 - flotation costs)
cost of expansion = $150 million / (1 - 10%) = $150 million / 90% = $166.67 million
Flotation costs increase the cost of equity, since they are an expense that decreases the net amount of money received by a corporation when it issued new stocks or new bonds.
Tableau DA 9-3: Mini-Case, Analyzing warranty liabilities LO P4
1. Looking at past years, does it appear that Arctica has usually underestimated or overestimated its warranty liabilities?
2. How would we suggest Arctica change its estimates of warranty liabilities in future periods?
3. Management tells us that Arctica plans to keep estimated warranty expense percentages to a minimum next year. Why might management want to keep these percentages low?
4. Alternatively, assume management informs us that Arctica had a great year and has very high net income. However, management is now concerned about high taxes, which are calculated as a percentage of net income. What might management try to do to lower Arctica’s taxes?
Question 1 Options:
a. Neither overestimated nor underestimated
b. Overestimated
c. Underestimated
Question 2 Options:
a. Decrease warranty estimate percentage
b. Increase warranty estimate percentage
c. Keep estimate percentages the same
d. No longer estimate warranty expenses
Question 3 Options:
a. To decrease net income to show a "smooth" earnings pattern
b. To increase management bonus that is based on net income.
c. To limit the amount of parts needing to be purchased.
d. To limit the number of warranty claims
Question 4 Options:
a. Decrease warranty estimate percentages
b. Increase warranty estimate percentages
c. Limit parts purchased for warranty claims
d. Limit the number of warranty claims
I got underestimated for the first question. I need help with the others. Much appreciated.
Answer:
Answer 2 - Increase Warranty estimate percentages
Answer 3 - To Increase management bonus that is based on net income
Answer 4 - Increase warranty Estimate percentages
Explanation:
Answer 2 - Total Warranty was above their estimate, if they increase the percentage they will be closer to the actual
Answer 3 - Bonus is based on net income, the higher the net income the better your bonus, you can change this based on the percentage you estimate.
Answer 4 - the more they spend the less taxes they will incur.
Crawl Inc., has 1,000 shares of 6%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2017, and December 31, 2018. The board of directors declared and paid a $2,000 dividend in 2017. In 2018, $10,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2018
Answer:
total dividends distributed to common stock $6,000
dividends per common stock $0.12
Explanation:
preferred stock dividends = 1,000 x 6% x $50 = $3,000
since they are cumulative, if the dividends are not paid during one year, they must be paid in the next periods
the distribution of the $10,000 in dividends in 2018:
preferred dividends = $1,000 + $3,000 = $4,000common stock dividends = $6,000dividends per common stock = $6,000 / 50,000 = $0.12
Click this link to view O*NET's Work Contexts section for Petroleum Engineers. It describes the physical and social
elements common to this work. Note that common contexts are listed toward the top, and less common contexts are
listed toward the bottom. According to O*NET, what are some common work contexts for Petroleum Engineers?
Check all that apply.
Answer:
The common working contexts for the oil engineer are:
Eletronic mail and telephone Freedom to make decisions Face-to-face discussions Indoors, environmentally controlled.Explanation:
Work context is the term that refers to the concepts that specify the work of a given profession, highlighting the common elements that all professionals in this area have, such as equipment, activities, workplaces, necessary environmental conditions, among others.
Regarding petroleum engineers, we can say that the work contexts they present are:
Eletronic mail and telephone Freedom to make decisions Face-to-face discussions Indoors, environmentally controlled.Answer:
1 3 4 5
Explanation:
list the types of associations that should be included in every succesful network
Answer:
personal, professional, organizational, opportunistic, and online
Explanation:
Click this link to view O*NET's Tasks section for Loading Machine Operators. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common
tasks Loading Machine Operators perform? Check all that apply.
Answer:
1, 3, 4, 6
Explanation:
Answer:
are you on the school camsnorth
dude edegnuty i have that
Explanation:
TwitterMe, Inc., is a new company and currently has negative earnings. The company’s sales are $1.45 million and there are 130,000 shares outstanding. a. If the benchmark price-sales ratio is 3.9, what is your estimate of an appropriate stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. If the benchmark price-sales ratio is 3.2, what is your estimate of an appropriate stock price? (Do not round intermediate calculations and round your answer to 2 decimal
Answer:
a. $43.50
b. $35.69
Explanation:
The computation o the stock price in the following cases is as follows:
Sales per share is
= $1.45 million ÷ 130,000 shares
= $11.15
The Price-Sales ratio is
= Stock price ÷ Sales per share
a.
Stock price
= $11.15 × 3.9
= $43.50
And,
b.Stock price is
= $11.15 × 3.2
= $35.69
The same is to be considered
When the perpetual inventory system is used, the inventory sold is debited to
If an economy's GDP will double in 28 years, then its growth rate must be about:
Answer:
2.5%
Explanation:
The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
Given the following data;
Number of years to double = 28
To find the growth rate, we would use the rule of 70.
Rule of 70 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate. Also, it can be used to determine the economic growth by measuring the Gross Domestic Products (GDP).
Mathematically, it is given by the formula;
[tex] Number \; of \; years \; to \; double = \frac {70}{ARR} [/tex]
Where;
ARR is the annual rate of return in percent.
Substituting the values into the formula, we have;
[tex] 28 = \frac {70}{ARR} [/tex]
[tex] ARR = \frac {70}{28} [/tex]
ARR = 2.5%
Therefore, the growth rate of the economy's GDP is 2.5%.
Early in 2020, Tamarisk Equipment Company sold 600 Rollomatics at $5,400 each. During 2020, Tamarisk spent $21,000 servicing the 2-year assurance warranties that accompany the Rollomatic. All applicable transactions are on a cash basis.
Required:
Prepare 2020 entries for Tamarisk. Assume that Tamarisk estimates the total cost of servicing the warranties in the second year will be $31,000.
Answer:
Dr Cash 3,240,000
Cr Sales Revenue 3,240,000
Dr Warranty Expense 21,000
Cr Cash 21,000
Dr Warranty Expense 10,000
Cr Estimated Liabilities Warranties 10,000
Explanation:
Preparation of 2020 Journal entries
Dr Cash 3,240,000
Cr Sales Revenue 3,240,000
(600 x $5,400)
(Being to Record sale of Rollomatics )
Dr Warranty Expense 21,000
Cr Cash 21,000
( Being to record the amount spent on servicing during the year)
Dr Warranty Expense 10,000
Cr Estimated Liabilities Warranties 10,000
(31,000-21,000)
(Being To record the Estimated remaining warranty expense)
Which statement best describes the relative risk of two types of investment?
A. Bonds are riskier than mutual funds.
B. Individual retirement accounts are riskier than stocks.
C. Stocks are riskier than savings accounts,
O D. Certificates of deposit are riskier than hedge funds,
The statement which best describes the relative risk of two types of investment is " Stocks are riskier than savings accounts".
Hence, the correct option is C.
The relative risk of different types of investments can vary. It is important to note that risk levels can change based on various factors such as market conditions, investment strategies, and individual circumstances.
However, in general, stocks are considered riskier than savings accounts. Stocks are subject to market volatility and fluctuations, which can result in significant gains or losses. On the other hand, savings accounts typically offer lower returns but provide more stability and security for the invested funds.
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A manufacturing receives the following order for calculators:
July 5,000 units
August: 6,000 units
Setember 5,000 units
The manufacturing provided the following information for manufacturing the calculator:
Production lead time: 7 days
Quality: 5 errors per million calculators
Required:
What are the production requirements in units for the month of July?
Answer:
The production requirement for the month of July in units is 5001 units.
Explanation:
In the given case, manufacturer receives the order for calculators for month July is 5000 units
In this case it is given as the quality of the units produced are 5 defect products for 1 million units.
Defect ratio = (Defect products produced/total production produced) × 100
Defect ratio = (5 / 1000000) * 100
Defect ratio = 0.0005%
In the given case the production requirements are asked for only July month.
As per orders received, the manufacturer has to produce 5000 units. It means, manufacturer has to produce the required number of units plus possible defect units. It means, to produce required good quality products, the manufacture may produce some defective products based on defect ratio
Production requirements = Required good quality products + (required good quality products × defect ratio)
= 5000 units + (5000 × 0.0005%)
= 5000 units + 0.0025 units
= 5000.0025 units
= 5001 units
As manufacturer cannot produce the 0.0025 units the manufacturer has to produce 1 unit to compensate defective products for production of 5000 good quality products. Therefore, the production requirement for the month of July in units is 5001 units.
Suppose ABCD's stock price is currently $50. In the next six months it will either fall to $40 or rise to $60. What is the current value of a six-month call option with an exercise price of $50?
a. $5.39
b. $15.00
c. $8.25
d. $8.09
Answer:
A. $5.39
Explanation:
The interest rate has been given as 2%
First we get the call option pay off.
The Call option payoff is calculated as $60-$50
This gives us $10 and 0
We will get two equations
60x+1.02y=10 -----1
II) 40x+1.02y=0----2
We proceed to solve for both x and y in this equations using the simultaneous linear equation
Then we get x=0.5 (which is option delta)and the valifor y, y= -19.6
Then the call option price would be
=0.5x50-19.61
= 25-19.61
= $5.39
Therefore option a is the answer
What the beneſts or disadvantages of corporations
An automobile emission testing center has six (6) inspectors and tests 50 vehicles per hour. Each inspector can inspect twelve (12) vehicles per hour. How many inspectors would the center require to have a target utilization of 90 percent?
Answer:
5
Explanation:
Target utilization = 90% = 0.9
No of vehicles tested = 50 vehicles per hour
No of vehicles that can be inspect in service rate = 12
Let n represent the no of inspectors required.
Utilization = Arrival rate / (Number of servers*service rate)
0.9 = 50/(n*12)
n = 50/(0.9*12)
n = 4.63
n = 5 (approx)
Thus, the number of inspectors required is 5.
Chaikin Money Flow is calculated by summing the ADs over the past _____ days and dividing that sum by the total volume over the past _____ days.
a. 14, 21
b. 21, 14
c. 14, 14
d. 21, 21
Answer:
d. 21, 21
Explanation:
The Chaikin Money Flow is a model (indicator) that was developed by Marc Chaikin in the 1980s and it is typically used by financial institutions or experts to monitor the volume-weighted average of accumulation and distribution of a stock for a specific period of time. Thus, the default or standard period for the Chaikin Money Flow is 21 days
Hence, Chaikin Money Flow is calculated by summing the average of the daily money flow (ADs) over the past 21 days and dividing that sum by the total volume over the past 21 days.
Assuming Net Income for the year is $245,000, what is the net cash flows from operating activities given the following information: Increase in Salaries Payable $ 17,000 Depreciation Expense $ 5,500 Increase in Prepaid Rent $ 27,500 Loss on sale of asset $ 1,400 Increase in Accounts Payable $ 28,000 Increase in Inventory $ 64,000
Answer:
$205,400
Explanation:
Calculation for the net cash flows from operating
activities
Net Income$245,000
Adjustments of net income to net cash flows from operating activities:
Depreciation Expense 5,500
Loss on sale of asset 1,400
Increase in Salaries Payable 17,000
Less Increase in Prepaid Rent(27,500)
Increase in Accounts Payable 28,000
Less Increase in Inventory(64,000)
Net operating cash flows$205,400
Therefore the net cash flows from operating
activities will be $205,400
Suppose Americans decide to save more of their incomes. If banks lend this extra saving to businesses, which use the funds to build new factories, this leads to _______ (faster or slower) growth in productivity because workers will have _______ (more or less) equipment with which to work.
a) True or False: Only factory owners will benefit from the higher productivity because they will receive a return on their additional investment.
b) True or False: Society receives a "free lunch" when it builds new factories.
Answer:
a. False
b. False
Explanation:
Suppose Americans decide to save more of their incomes. If banks lend this extra saving to businesses, which use the funds to build new factories, this leads to faster growth in productivity because workers will have more equipment with which to work.
a. The benefits from higher productivity is received by every participants in the society, i.e., factory owners, in terms of increased profit, workers in terms of increased income (normally equal to value of marginal product).
b. The society doesn’t receive a “free lunch” because there is an inter-temporal trade-off between savings today and increased consumption tomorrow due to increased productivity.
Amounts due from customers when goods are sold on credit are called?
Answer:
when goods are sold on credit are called Trade debits.
Amounts due from customers when goods are sold on credit are called Trade debits.
What are trade debits?A debit spread, also known as a net debit spread, is an options strategy that entails the concurrent purchase and sale of options of the same class with differing strike prices, resulting in a net cash outflow for the investor, or "debit." The trading account has a net debit as a result. By buying a call option and selling another call option against it with a higher strike price inside the same expiry date, you may create a call debit spread.
As the call you buy will be more costly than the call you sell, this transaction will result in you paying a net negative to open it. Calls and puts are two distinct forms of options contracts that may be used in debit spreads.
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Communication and control two of the reasons that consumer do which of these?
(Multiple Answers)
Sell online
Shop Online
Buy Online
Compete Online
Which of the following is NOT a reason to complete the Free Application for Federal Student Aid (FAFSA)?
Answer:
its no obligadp
Explanation:
The option which is not the reason to complete the Free Application for Federal Student Aid is It allows you to be eligible for early admission. Thus, option second is correct.
What is a Free Application for Federal Student Aid?The Free Application for Federal Student Aid (FAFSA) is a document that present and projected college students in the United States must fill out to establish their eligibility for federal student aid.
The Free Application for Federal Student Aid was intended to provide financial assistance to students from low-income families. These grants are meant to assist students to concentrate on their academics without having to work to pay their tuition.
Applicants with outstanding academic records or shown achievements in other areas are more likely to be admitted early. Income level is unlikely to be used as a criterion for early admission. Therefore, it can be concluded that option second is correct.
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Your question was incomplete, probably the complete question was....
It allows you to be eligible for federal student aid.
It allows you to be eligible for early admission.
It allows you to be eligible for some grants.
It allows you to be eligible for many scholarships
Driver Products recently paid its annual dividend of $4, and reported an ROE of 15%. The firm pays out 50% of its earnings as dividends. The stock has a beta of 1.15. The current risk-free rate is 2.7% and the market return is 11.00%. Assuming that CAPM holds, what is the intrinsic value of this stock
Answer: $90.62
Explanation:
First, we need to calculate the expected return. This will be:
= 2.7 + [1.15 × (11 - 2.7)]
= 2.7 × 9.545
= 12.245
= 12.5
We the calculate the growth rate which will be:
= ROE × (1 - payout ratio)
= 15 × (1-0.5)
= 15 × 0.5
= 7.5
The intrinsic value of this stock will then be:
= 4 × (1+0.075) / (0.12245 - 0.075)
= 90.62
Determine the average rate of return for a project that is estimated to yield total income of $402,300 over five years, has a cost of $524,500, and has a $71,500 residual value. Round to the nearest whole number. fill in the blank 1 %
Answer: 27%
Explanation:
The Average rate of return is calculated by;
= Estimated Average Annual income / Average Investment
Estimated Average annual income = Total income/ years income is accrued
= 402,300/5
= $80,460
Average Investment = (Initial cost + Residual value) / 2
= (524,500 + 71,500) / 2
= $298,000
Average rate of return = 80,460/298,000
= 0.27
= 27%
Why does Scrum prevent Product Owners from changing Product Backlog items that are being worked on during the Sprint?
a. This forces Product Owners to focus on what is really important for the team to develop.
b. A Sprint cycle is not enough time for senior management review and approve changes.
c. The team cannot meet their Sprint commitment to complete work if requirements are changing.
d. The team must be able to limit the Product Owner authority.
Answer:
Option C: The team cannot meet their Sprint commitment to complete work if requirements are changing
Explanation:
In a company, product backlog grooming covers is the process of adding details, estimates, and orders the items in the product backlog. It is an ongoing process. It involves product owner and the development team collaborating on the details of product backlog.
Changing a project or work suddenly or not has an effect on work/production and its efficiency. Changing the product backlog may lead to workers starting the work all over again and which can be stressful, time consuming and affect efficiency of production.