It all depends on what college, and plenty of other things you should probably ask the college you are trying or going to attend.
So I am unsure.
Answer:
isnt it 4 but there is no 4 i would say c.3
Explanation:
b) On 1 January 2015 an American investor bought USD1, 000,000 worth of Malaysian Ringgit and put it in a savings account for 1-year. The annual interest rate in Malaysian Ringgit was 5%. During that period, the interest rate in the US was 3.50%. On the purchase date the exchange rate was USD1 = MYR4.45.
i. One year after the start of the savings in Malaysia, the exchange rate was RM4.03 per US dollar. If the investor turned his savings back into dollars, what dollar rate of return did he earn? (10 Marks)
ii.What should be the exchange rate on 1 January 2015 for the investment in RM to be better than the investment in US dollars? (15 Marks)
Answer:
On 1 January 2015 an American investor bought USD1, 000,000 worth of Malaysian Ringgit and put it in a savings account for 1-year is explained below with detailed explanation.
Explanation:
i) Supposed rate using IRPT
FR = SR (1+ ih) / (1+ if) = 4.45 * 1.05 / 1.035 = RM4.5145/$
At this progressive rate investment in both currencies will implement the same rate of revenue. Above this valuation, $ investment is better and below this rate, RM investment is better.
ii) Investment in MR = 1000000 * 4.45 = 4450000
valuation after a year in MR = Deposit * ( 1+ r) = 4450000 * (1 + 0.05) = 4672500
Valuation in dollar after a year = 4672500 / 4.03 = 1159429.28
rate of revenue in dollar = Valuation after a year - Valuation at year 0 / Valueation at year 0 * 100
= 1159429.28 - 1000000 / 1000000 * 100 = 15.94%
A rise in the market interest rate will cause the market value of a financial instrument such as a bond to rise. Select one: True False
Answer:
False
Explanation:
As we know that there is an opposite relationship between the price of the bond and the market interest rate. That means if there is a rise in the market interest rate so the price of the bond decreased
And, on the other hand if there is a decrease in the market interest rate so the price of the bond is increased
hence, the given statement is false
The CFO of Ward Enterprises is setting up a new activity-based costing system. He has currently finished identifying activities and mapping overhead costs to cost pools associated with each activity. What is the next step for him to take in the process of designing an activity-based costing system?
a. Identify a cost driver associated with each activity.
b. Determine the appropriate denominator volume for each cost driver, to calculate an activity rate.
c. Add the cost pool totals together.
d. Divide each cost pool by the number of units produced
Answer:
a. Identify a cost driver associated with each activity.
Explanation:
While setting up the new activity based costing system he presently completed the identification of the activities and the cost of overhead is associated with each kind of activity
Now the next step in the activity based costing is to have a identification of the cost driver that associated with each kind of activity
Here cost driver means number of machine hours, number of machine setups, etc
Therefore the first option is correct
Explorations A
Describing Employers of Petroleum Engineers
According to the video, what are some employers of Petroleum Engineers? Check all that apply.
oil companies
government agencies
banks
schools
O public libraries
small consulting firms
It’s ABF
Have a good day
ABF is your answer....
Answer:
ABF
Explanation:
Which of the following statements is true of a trademark?
a. A word string such as "just do it" is a trademark.
b. The last user of a trademark has exclusive rights over the trademark.
c. Technically speaking, services have trademarks.
d. Trademark is a description of product attributes in detail.
Answer:
I think it A.
Explanation: A trademark is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others,
The statements is true of a trademark is A word string such as "just do it" is a trademark. A list, or declaration, of all goods and services for which the applicant uses or intends to use.
What is Trademark?Any name, phrase, symbol, design, or combination of these things that distinguishes from the competitors goods or services is a trademark.
It's how customers recognize you and distinguish one from other competitors in the marketplace.
Thus, option A, A word string such as "just do it" is a trademark is correct.
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Which scenario is an example of demand pull inflation
Answer:
Consumers have more money to buy cars, and the prices of cars and car accessories rise as a result. an increase in prices for computers and computer accessories.
Explanation:
Answer:
a
Explanation:
Producer surplus for a perfectly competitive firm is:________
a. Revenue minus total cost
b. Revenue minus variable cost
c. Total cost minus variable cost
d. Revenue minus fixed cost
Answer:
b. Revenue minus variable cost
Explanation:
Producer surplus for a perfectly competitive firm is Revenue minus total variable cost. Option b is correct because the producer surplus is profit minus total variable cost when the fixed cost is zero and the marginal cost is increasing.
What circumstance might lead a firm in a perfectly competitive market to realize a positive, short-run, economic profit? Explain importance of the absence of barriers to entry in perfectly competitive Markets to long run pricing in these markets
Answer:
If this is the first time that a good is being introduced into the market or the good in question has been developed such that it is better than variants in the perfectly competitive market, it will only be sold by few firms in that market.
This shortage of supply will ensure that the price is higher than the cost of production which means that the company will be making short run positive economic profit.
With an absence of Barriers to entry in a perfectly competitive market, more companies will now be free to enter the market to sell these new goods in the long run so that they may take advantage of the positive economic profit.
This would increase the number of suppliers in the market which would reduce the price of the good till economic profits become zero.
If there were barriers to entry, the prices would remain at a point higher than costs but because other companies were able to come in, the prices reduced in the long run.
Why do some entrepreneurs move onto different projects once they have generated sufficient money?
Answer:
to reinvest again since they have met their goals
Explanation:
Although there are other reasons investors may use exit strategy, however, it is often used by entrepreneurs when they determine they have made enough profit for which the business or project was started in the first place.
By moving onto another business project, entrepreneurs most likely intend to rebuild again a different project to the same level their past project did.
On January 1, 2014, Evers Company purchased the following machine for use in its production process:
Machine: The recorded cost of this machine was $180,000. Evers estimates that the useful life of the machine is 4 years with a $10,000 salvage value remaining at the end of that time period.
a) Calculate the amount of depreciation expense that Evers should record each year of its useful life under the following assumptions. Show your workings.
(1) Straight-line method
(2) Double declining balance method
(3) Units-of-activity method and estimates that the useful life of machine is 125,000 units. Actual usage is as follows: 2014, 45,000 units; 2015, 35,000 units; 2016, 25,000 units; 2017, 20,000 units.
b) Which method used to calculate depreciation reports the highest amount of depreciation expense in year 1? The highest in year 4? The highest total amount over the 4-year period?
Answer:
a) Calculate the amount of depreciation expense that Evers should record each year of its useful life under the following assumptions. Show your workings.
(1) Straight-line method
depreciable value = $180,000 - $10,000 = $170,000 / 4 = $42,500 per year (same for each year)
(2) Double declining balance method
depreciation expense year 2014 = $180,000 x 1/4 x 2 = $90,000
depreciation expense year 2015 = $90,000 x 1/4 x 2 = $45,000
depreciation expense year 2016 = $45,000 x 1/4 x 2 = $22,500
depreciation expense year 2017 = $22,500
(3) Units-of-activity method and estimates that the useful life of machine is 125,000 units. Actual usage is as follows: 2014, 45,000 units; 2015, 35,000 units; 2016, 25,000 units; 2017, 20,000 units.
depreciation expense per unit = $170,000 / 125,000 units = $1.36
depreciation expense year 2014 = $1.36 x 45,000 = $61,200
depreciation expense year 2015 = $1.36 x 35,000 = $47,600
depreciation expense year 2016 = $1.36 x 25,000 = $34,000
depreciation expense year 2017 = $1.36 x 20,000 = $27,200
b) Which method used to calculate depreciation reports the highest amount of depreciation expense in year 1?
double declining balance
The highest in year 4?
straight line method
The highest total amount over the 4-year period?
double declining balance
Question 2 (2 points)
All of the following are considered a common purpose of advertising except:
O A) increasing market share
B) Acceleration of revenue
OC) Classfication of products
OD) Reinforcement of brand recognition
Lection 21 minte
Answer:
C) Classification of products
Explanation:
Advertising is not a means of classifying products.
Advertising is a commercial process of marketing goods and services to a target group of people.
Advertising is a means of making a product known the the general market population. It helps to increase the market share of a particular product among competitors. When an advert is done rightly, it can bring more revenue to the company. Also, it reinforces brand recognition.[tex]\mathrm {Hey, there!}[/tex]
Let's solve your problem!
Classification of products is not a way of advertising.
Increasing market share is a way of advertising.
Acceleration of revenue is also a way of advertising.
The answer is C.
[tex]\mathrm {Best, of, Luck!}[/tex]
What have you learned about the characteristics of a successful entrepreneur?!
Answer: They invest in themselves. ...
They are constantly learning. ...
They're not afraid of risks.
Explanation:
Answer:
They are often independent, very confident, super committed and really want to suceed. They leave no room for failure and are not afraid to take risks, but are still careful with their decsions
Explanation:
My dad is one.
Studying products for similarities or differences is known as ______ shopping.
-Marginal
-Comparison
-Emotional
-Research
It's a form of research to look at products from different websites, but comparison means when you are comparing two things.
My answer would be B. Comparison
Studying products for similarities or differences is known as Comparison shopping. Option B. This is further explained below.
What is Comparison shopping.?Generally, Comparison shopping is simply a typical technique in which buyers check the prices of various things from several stores before making a purchasing choice.
In conclusion, Comparison shopping is the process of examining things for similarities and differences.
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The difference between your sales and your cost of goods sold is known as your what
Answer:
profit.
Explanation: its just right
Let's assume that in a hypothetical economy currency in circulation is $600 billion, the amount of checkable deposits is $900 billion, excess reserves are $15 billion and required reserve ratio is 10%. a. Calculate money supply, currency to deposit ratio, excess reserve ratio and money multiplier. b. Suppose Fed conducts very large open market purchase of $1400 billion due to a sharp recession. Assuming the ratios hold, what will be the effect on money supply? c. Now suppose the Fed conducts the same open market purchase as in part (b) except banks choose to hold all the proceeds as excess reserves. Assuming currency to deposit and required reserve ratios stay the same, what happens money multiplier and money supply? d. Can you draw parallels between part (c) and what happened during the financial crisis of 2008?
The article examines the effects on a hypothetical economy of a set of fiscal and tax policies that are both long-term unsustainable and acknowledged by the general public.
Briefing:-a) Money Supply = Currency + Checkable Deposit = $600 billion + $900 billion = $1500 billion.
$600 billion compared to $900 billion is 66.7% of the currency deposit ratio.
Checkable deposit to excess reserve ratio is $15 billion to 900 billion, or 1.7%.
Money supply plus total reserves is $705 billion ($600 billion plus $15 billion plus $900 billion multiplied by 10%).
Money Supply/Monetary Base = $1500B/$705B = 2.13 Money Multiplier.
b). The Federal Reserves' purchase of $1400 billion through an open market transaction will add $1400 billion to the nation's monetary base. With a money multiplier of 2.13, this will result in a $1400B*2.13=$2982B rise in the money supply.
c). Given that the Fed makes the open market purchase and that the banks store all of the proceeds in excess reserves rather than lending them out because of concern about a financial disaster, the excess reserves held by the banks equal $15 billion plus $1400 billion, or $1415 billion.
The surplus reserve ratio is equal to $1415 billion divided by 900 billion, or 157.22%.
Money supply = $600B + $900B = $1500B
The monetary basis is equal to $600 billion plus $1415 billion plus $900 billion multiplied by 10% to equal $2105 billion.
The money multiplier equals money supply/monetary base and is 7.71.
d). The federal reserves significantly increased the quantity of liquidity in the banking sector during the financial crisis. But rather than using them to make new loans, banks decided to keep them as reserves. As a result, for the most of the time from October 2008 and until 2011, the money supply M1 multiplier remained below 1. This condition is indicated by the computation in 2c).
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Nancy is considering whether her toy manufacturing business should develop its own brand. Which is a company reward Nancy can expect from branding?
Answer: a. Brands enhance loyalty.
Explanation:
Brands enhance loyalty because people are more likely to identify with a symbol than with something that has a general identity. When a company has a brand therefore, it will enhance the loyalty of its consumers as they look to identify with that brand.
Take Adidas for instance, the three stripes logo is so iconic that people can sometimes have entire wardrobes of Adidas apparel to show those three stripes off and show that they identify with it. This is the benefit that Nancy stands to gain with branding.
What would happen to ALL THREE areas of business spending if:__________.
Answer:
bankrupt
Explanation:
If you know the company that you want to work for, you should check the on the company’s website as you perform your job search
Answer: Investigating the website of a company allows me to have a general idea about what this consists of.
Explanation: In the job search process one of the ways to learn more about the company of interest is to investigate on its website. The website of a company offers general information about the company such as mission, vision, values, the services or products they offer, the work team that makes up the company, and that they look for when recruiting a person.
Which of the following is a correct description of the crowding-out effect of deficit spending?
Answer:
the options are missing, so I looked for them:
a. The buying of government bonds leads to lower interest rates, thereby reducing private investment.
b. The selling of government bonds leads to higher interest rates, thereby reducing private investment.
c. The selling of government bonds leads to lower interest rates, thereby reducing private investment.
d. The buying of government bonds leads to higher interest rates, thereby reducing private investment.
the answer is:
b. The selling of government bonds leads to higher interest rates, thereby reducing private investment.
Explanation:
The crowding out effect happens when the government increases its spending level in order to engage in an expansionary fiscal policy but someone needs to pay for this extra spending. In order for the government to finance their spending, they have to choose to either increase taxes or issue more debt. When they issue more debt, they end up decreasing private investment since money that could be used by private companies is used by the government instead.
The right description of the crowding-out effect should be when the government bonds should be sale off.
What is the crowding-out effect?It should arise at the time when the government raised the level of spending so the engagement to the expansionary fiscal policy should be considered. However, the same should be paid additional spending. And, for financing the spending, the selection should be done with respect to the increment of the taxes or issuing additional debt.
Therefore, the option b is correct.
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Celestial Crane Cosmetics is analyzing a project that requires an initial investment of $2,750,000. The project’s expected cash flows are:
Year Cash Flow
1 $350,000
2 -125,000
3 450,000
4 425,000
Celestial Crane Cosmetics's WACC is 9%, and the project has the same risk as the firm's average project.
1. Calculate this project's modified internal rate of return (MIRR). Choose from the options given below:
a. 23.25%
b. 17.19%
c. 24.26%
d. -18.52%
2. If Celestial Crane Cosmetics's managers select projects based on the MIRR criterion, they should _ _ _ _ _ this independent project.
Answer and Explanation:
1. The computation of the MIRR is shown below;
Year Cash flows
0 $ -2,750,000
1 $ 350,000
2 $ -125,000
3 $ 450,000
4 $ 425,000
WACC 9%
MIRR -16.79%
This is the answer but the same is not provided in the given options
2, As we can see that the MIRR comes in negative so this independent project should not be accepted
Dupli-Pro Copy Shop provides photocopying service. Next year, Dupli-Pro estimates it will copy 2,830,000 pages at a price of $0.08 each in the coming year. Product costs include:
Direct materials $0.015
Direct labor $0.004
Variable overhead $0.001
Total fixed overhead $80,000
Required:
a. Calculate the break-even point in units.
b. Calculate the break-even point in sales revenue.
c. Calculate the margin of safety in units for the coming year.
d. Calculate the margin of safety in sales revenue for the coming year.
e. What if the total selling and administrative expenses are reduced to $38,800?
Answer:
Missing Word '"There is no variable selling expense; fixed selling and administrative expenses total $46,000."
Selling price per unit = 0.08
Variable cost per unit = 0.015 + 0.004 + 0.001 = 0.02
Fixed costs = 80,000 + 46,000 = 126,000
Contribution margin per unit = Selling price per unit - Variable cost per unit = 0.08 - 0.02 = 0.06
Contribution margin ratio = Contribution margin per unit / Selling price per unit = 0.06 / 0.08 = 0.75
a. Break-even point in units = Fixed costs / Contribution margin per unit = 126,000 / 0.06 = 2,100,000
b. Break even point in sales revenue = Fixed costs / Contribution margin ratio = 126,000 / 0.75 = 168,000
c. Margin of safety in units = Planned sales in units - Break even sales in units = 2,830,000 - 2,100,000 = 730,000
d. Margin of safety in safety in sales revenue = Planned sales - Break even sales = (2,830,000 * 0.08) - 168,000 = 226,400 - 168,000 = 58,400
e. Fixed costs = 80,000 + 38,800 = 118,800
- Break-even point in units = Fixed costs / Contribution margin per unit = 118,800 / 0.06 = 1,980,000
- Break even point in sales revenue = Fixed costs / Contribution margin ratio = 118,800 / 0.75 = 158,400
- Margin of safety in units = Planned sales in units - Break even sales in units = 2,830,000 - 1,980,000 = 850,000
- Margin of safety in safety in sales revenue = Planned sales - Break even sales = (2,830,000 * 0.08) - 158,400 = 226,400 - 158,400 = 68,000
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 answer is "$20906.15".
Explanation:
In the next five years, Mr. Rafiq must be due to 7000 Ahmed and in [tex]7 \frac{1}{2}[/tex] years Rs. 15000 must be due.
Interest r = 8% semi-annually aggregated
Hence a one-off fee only at end of 6 years is an FV fee at 5 years plus a [tex]7 \frac{1}{2}[/tex] year payment.
[tex]\to[/tex]Year 6 single payment[tex]= CF5 \times (1+\frac{r}{2})^{(2 \times 1)} + \frac{CF6}{(1+\frac{r}{2})^{(2\times 1.5)}}[/tex]
[tex]\to[/tex] Payment at year 6 [tex]= 7000 \times {(1+\frac{0.08}{2})}^2 + \frac{15000}{(1+\frac{0.08}{2})^3 }[/tex]
[tex]= \$ \ 20906.15[/tex]
Choice the best Answer
What is the category for the following rules?
• Shower regularly.
• Wash your hair, and keep it cut or styled.
• Keep your teeth brushed.
• Pay attention to your breath and keep it pleasant.
• For men, keep facial hair clean and trimmed.
• Keep your nails manicured.
hygiene
accessories
dress
perfume and makeup
Answer:
hygiene
Explanation:
Answer:
hygiene
Explanation:
all of these involve in your personal hygiene
The accounting effects of inventory sales across companies within a consolidated entity are removed when preparing consolidated financial statements because:_______
Answer:
The accounting effects of inventory sales across companies within a consolidated entity are removed when preparing consolidated financial statements because:
- usually from a consolidated statements, transactions with outside parties are only reflected.
- usually from a consolidated perspective, there is neither a sale nor a purchase has occurred.
Concord Inc. reported total assets of $6399000 and net income of $503000 for the current year. Concord determined that inventory was understated by $137000 at the beginning of the year and $60900 at the end of the year. Ignoring income taxes, what is the corrected amount for total assets and net income for the year
Answer:
TOTAL ASSETS$6,459,900
NET INCOME $426,900
Explanation:
Calculation for the corrected amount for total assets and net income for the year
Calculation for TOTAL ASSETS
Total assets $6,399,000
Add Ending understated inventory $60,900
TOTAL ASSETS$6,459,900
Calculation for NET INCOME
Net income of $503,000
Less Begining understated inventory ($137,000)
Add Ending understated inventory $60,900
NET INCOME $426,900
Therefore the corrected amount for total assets will be $6,459,900 and net income for the year will be $426,900
Superior Company has provided you with the following information before any year-end adjustments:
Net credit sales are $135,500.
Historical percentage of credit losses is 2%.
Allowance for doubtful accounts has a credit balance of $375.
Accounts receivables ending balance is $44,000.
Required:
What is the estimated bad debt expense using the percentage of credit sales method
Answer: $2,710
Explanation:
Using the percentage of credit sales method, the bad debt expense is estimated to be a percentage of the total credit sales of the company and this is subtracted from the credit sales. Any bad debt will then be apportioned to this estimated figure.
Estimated Bad debt expense = Net credit sales * Historical percentage of credit losses
= 135,500 * 2%
= $2,710
Which one of the five generic competitive strategies most closely approximates the competitive approach that Under Armour is employing?
a. a broad differentiation strategy
b. a focused low-cost strategy
c. a best-cost provider strategy
d. a focused differentiation strategy
e. a low-cost provider strategy
Answer: focused differentiation
Explanation:
Which of the following best describes perfect communication
Answers:
a.
Perfect communication happens often.
b.
Perfect communication occurs when a transmitted thought or idea is received and understood exactly as it was envisioned by the sender.
c.
Perfect communication is more of a theoretical concept than reality.
d.
Both answer b and c describe perfect communication.
Answer:
B describes perfect communication. It is the most understandable.
Suppose that Hickory Manufacturing, Inc., a corporation headquartered in North Carolina, believes that it is entitled to a $24,700 federal tax refund, and that the Internal Revenue Service (IRS) has wrongfully refused to issue the refund. If Hickory Manufacturing elects to sue the United States (the IRS is a federal administrative agency) to recover the refund, it must pursue the matter:
A. in federal court, since the United States is a party to the litigation.
B. in North Carolina state court, since the company is headquartered in North Carolina.
C. through binding arbitration, non-binding arbitration, or mediation, since the United States has governmental immunity in the court system (although it does allow claims against the federal government to be pursued via alternate dispute resolution).
D. in United States Tax Court, since the dispute involves a tax matter.
Answer:
If Hickory Manufacturing elects to sue the United States (the IRS is a federal administrative agency) to recover the refund, it must pursue the matter:
D. in United States Tax Court, since the dispute involves a tax matter.
Explanation:
The United States Tax Court is the federal trial court of record for tax disputes. It is like a tribunal, which is inferior to the Supreme Court. It was established by Congress, under Article I of the Constitution in 1969, to hear tax matters and adjudicate tax disputes. Appeals are made directly, from this court, to the appeal court, before the matter can be dragged to the US Supreme Court.
Suppose you have a two-stock portfolio consisting of Apple and Tesla stock. The portfolio weight of Apple is 25% and the rest is Tesla. The volatility of annual returns is 35% for Apple and 60% for Tesla. The correlation coefficient between the two stocks' returns is 0.22. What's the volatility of your portfolio?
Answer:
Standard deviation = 47.69% (Approx)
Explanation:
Given:
Portfolio of Apple stock w1 = 25% = 0.25
Portfolio of Tesla stock w2 = 75% = 0.75
Standard deviation return Apple σ1 = 35% = 0.35
Standard deviation return Tesla σ2 = 60% = 0.60
Correlation coefficient ρ12 = 0.22
Find:
Standard deviation
Computation:
Standard deviation = √w1²σ1² + w2²σ2² + 2w1σ1w2σ2ρ12
Standard deviation = 0.4769
Standard deviation = 47.69% (Approx)