Bumble Company is planning an IPO and management is meeting with their investment bankers to discuss the pricing strategy for this first time offering of the company's shares to the public. Bumble's CFO has spent a lot of time researching the price to earnings per share ratios (P/E Ratios) of several competitor companies, including Match which currently trades at $100 per share. The competitor P/E ratios range from 25-30x the next year's forecasted earnings per share. The CFO is forecasting Bumble's next year's earnings per share will be $3.20. He expects the Investment Bank to discuss a price range for the Bumble IPO of ...?
a. $100-$150 per share
b. $50-$100 per share
c. $80-$96 per share
d. Not enough information

Answers

Answer 1

Answer:

c. $80-$96 per share

Explanation:

given data

currently trades = $100 per share

P/E ratios = 25-30x

earnings per share = $3.20

solution

The company fixes the share price based on the P/E ratio

Price per share = Earning per share × P/E ratio      ............1

and

Lower end of price = Expected earning per share × Lowest P/E ratio      .......2

Lower end of price = $ 3.2 × 25

Lower end of price = $ 80

and

Higher end of price = Expected earning per share × Highest P/E ratio     .......3

Higher end of price = $ 3.2 × 30

Higher end of price = $ 96

So that here share price for the IPO will be in the range of $ 80 - $ 96 per share.


Related Questions

An employee receives an hourly rate of $18, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $120; cumulative earnings for the year prior to this week, $5,500; Social security tax rate, 7% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings; state unemployment compensation tax, 4% on the first $7,000; federal unemployment compensation tax, 1% on the first $7,000. Prepare the journal entries to record the salaries expense and the employer payroll tax expense

Answers

Answer:

total salary = (40 x $18) + (6 x $18 x 1.5) = $882

Dr Salaries expense 882

    Cr Federal income tax withholding payable 120

    Cr OASDI tax withholding payable 61.74

    Cr Medicare tax withholding payable 13.23

    Cr Salaries payable 687.03

Dr Payroll tax expenses 119.07

    Cr OASDI tax payable 61.74

    Cr Medicare tax payable 13.23

    Cr SUTA tax payable 35.28

    Cr FUTA tax payable 8.82

Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance Sheet Data Sales $ 71,000 Accounts receivable increase $ 8,000 Expenses Inventory decrease 4,000 Cost of goods sold 42,000 Salaries payable increase 1,000 Salaries expense 10,000 Depreciation expense 5,000 Net income $ 14,000
Required: Prepare the operating activities section of the statement of cash flows for Hampton Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

Answers

Answer:

See below

Explanation:

Statement of cash flow from operating activities using the indirect method.

Net income

$14,000

Adjustment for non cash items:

Depreciation expense

$5,000

Adjustments for changes in working capital:

Increase in accounts receivables

($8,000)

Decrease in inventory

$4,000

Increase in salaries payable

$1,000

Net cash from operating activities

$16,000

Brandon, the Marketing Manager at a public relations firm, suspects that one of his team members, Ross, has been engaging in substance abuse. Brandon has observed that Ross has lately been aggressive at the workplace, is mostly absent, shows low participation, has low productivity, and exhibits other antagonistic behaviors. Brandon wants to help Ross and does not want him to lose his job, as he had been efficient in the past. In this case, if Ross is a confirmed substance abuser, which of the following programs should Brandon consider using to help Ross's situation?
a. An employee engagement program
b. An employee assistance program
c. The Medicaid program
d. The Healthy People 2020 program

Answers

Answer:

b. An employee assistance program

Explanation:

The employee asssitance program is the program in which it offers free of cost and the assessment that are confidential in all respect. It includes short-term counselling, references, follow up services to the employees who has the personal or work related issues

Since Brandon wants to help Ross and also he dont want to lose his job

so this given situation represent the assistance program

Therefore the option b is correct

define private equity funds.​

Answers

Answer:

Private equity is composed of funds and investors that directly invest in private companies

Hope this helps!

How would the Security Market Line be affected, other things held constant, if the expected inflation rate decreases and investors also become more risk averse? a. The y-axis intercept would decline, and the slope would increase. b. The x-axis intercept would decline, and the slope would increase. c. The y-axis intercept would increase, and the slope would decline. d. The SML would be affected only if betas changed. e. Both the y-axis intercept and the slope would increase, leading to higher required returns.

Answers

Answer: a. The y-axis intercept would decline, and the slope would increase.

Explanation:

The security market line is simply refered to as the graphical representation of a CAPM which is the capital asset pricing model and it simply shows the market risk, of the securities in the market which is then plotted against the market return.

When the expected inflation rate decreases and the investors also become more risk averse, the Security Market Line would be affected, as the y-axis intercept would decline, and the slope would increase.

Vet Meds is the pharmaceutical branch of a large medical research center for animals.Vet Meds often conducts surveys at veterinary hospitals and private vet clinics to identify potential areas for improvisation and growth.The company noted that many domestic pet owners reported finding it extremely difficult to give their dogs oral medication owing to the bitter taste of the medicines,which remained even when the medicines were mixed with food.In response to this finding,Vet Meds released oral medicines for dogs which came in various meat flavors.Which of the following segmentation approaches is used by Vet Meds to satisfy consumer needs?
A) Benefit segmentation
B) Psychographic segmentation
C) A priori segmentation
D) Social segmentation

Answers

Answer: Benefit segmentation

Explanation:

The segmentation approaches that is used by Vet Meds to satisfy consumer needs is referred to as the benefit segmentation.

Benefit segmentation is when the market is being divided based on the benefit, value or the advantage that consumers believe that they will get when they buy a particular product. This is the method used by Vet Meds.

Boxwood Company sells blankets for $40 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets Units Cost May 03 Purchase 5 $14 10 Sale 3 17 Purchase 15 $15 20 Sale 5 23 Sale 2 30 Purchase 15 $19 Assuming that the company uses the perpetual inventory system, determine the gross profit for the sale of May 23 using the FIFO inventory cost method. a.$50 b.$80 c.$20 d.$110

Answers

Answer:

The company had no beginning inventory on May 1. May 3 Purchase 5 $20 10 Sale ... Boxwood Company sells blankets for $40 each. The following was taken

Explanation:

In each of the following independent cases, indicate the amount (1) deductible for AGI, (2) deductible from AGI, and (3) neither deductible for nor deductible from AGI before considering income limitations or the standard deduction. (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)
a. Ted paid $30 rent on a safety deposit box at the bank. In this box he kept the few shares of stock that he owned.
Deductible for AGI $
Deductible from AGI $
Not deductible $
b. Tyler paid $154 for minor repairs to the fence at a rental house he owned.
Deductible for AGI $
Deductible from AGI $
Not deductible $
c. Timmy paid $775 for health insurance premiums this year. Timmy is employed full-time and his employer paid the remaining premiums as a qualified fringe benefit.
Deductible for AGI $
Deductible from AGI $
Not deductible $
d. Tess paid $1,880 of state income taxes on her consulting income.

Answers

Answer:

a. Ted paid $30 rent on a safety deposit box at the bank. In this box he kept the few shares of stock that he owned.

Not deductible

Is not a business expense nor it can be itemized.

b. Tyler paid $154 for minor repairs to the fence at a rental house he owned.

Deductible for AGI

Repairs and maintenance expenses of rental property decrease your AGI.  

c. Timmy paid $775 for health insurance premiums this year. Timmy is employed full-time and his employer paid the remaining premiums as a qualified fringe benefit.

Not deductible

If Timmy's medical expenses were more than 10% of your AGI, then you can deduct the difference. But I doubt Timmy earns less than $7,750.

d. Tess paid $1,880 of state income taxes on her consulting income.

Deductible from AGI

If you itemize deductions, you can deduct up to $10,000 in state or local taxes.

XYZ Corporation is contemplating the replacement of an existing asset used in the operation of its business. The original cost of this asset was $28,000; since date of acquisition, the company has taken a total of $20,000 of depreciation expense on this asset. The current disposal (market) value of this asset is estimated as $18,000. XYZ is subject to a combined income tax rate, t, of 34%. What is the projected after-tax cash flow associated with the sale of the existing asset, rounded to nearest hundred dollars

Answers

Answer:

The projected after-tax cash flow associated with the sale of the existing asset is $14,600.

Explanation:

The projected after-tax cash flow can be calculated as follows:

Net book value of the asset = Original cost - Accumulated depreciation expense = $28,000 - $20,000 = $8,000

Capital gains = Estimated current disposal (market) value of the asset - Net book value of the asset = $18,000 - $8,000 = $10,000

Capital gains tax = Capital gains * Tax rate = $10,000 * 34% = $3,400

Projected after-tax cash flow = Estimated current disposal (market) value of the asset - Capital gains tax = $18,000 - $3,400 = $14,600

Therefore, the projected after-tax cash flow associated with the sale of the existing asset is $14,600.

Ebay, Inc. went public in September of 1998. The following information on shares outstanding was listed in the final prospectus filed with the SEC. In the IPO, the Ebay issued 3,500,000 new shares. The initial price to the public was $18.00 per share. The final first-day closing price was $44.88. If the investment bankers retained $1.26 per share as fees, what was the net proceeds to Ebay in dollars

Answers

Answer:

Net proceeds to Ebay = $ 58,590,000.

Explanation:

An Initial Public Offering(IPO) refers to the sales of new block of shares to the general public by a company for the purpose of raising equity capital.

This exercise is always promoted by a third-party company referred to as an underwriter for a fee. The underwriter adds value to the capital raising share offering by contracting to buy up unsold share units should they be undersubscribed. The underwriting fee is a cost to the issuing company.

The net share capital due to the company is computed as follows

Gross share proceeds - underwriting fee

= (3,500,000 × $18.00) - (3,500,000× $1.26)

=$ 58,590,000.

Net proceeds to Ebay = $ 58,590,000.

The closing price of $44.88 is a distracter and should be ignored.

The Converting Department of Hopkinsville Company had 640 units in work in process at the beginning of the period, which were 70% complete. During the period, 13,600 units were completed and transferred to the Packing Department. There were 720 units in process at the end of the period, which were 25% complete. Direct materials are placed into the process at the beginning of production.
Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0".
Hopkinsville Company
Number of Equivalent Units of Production
Whole Units Direct Materials Equivalent Units Conversion Equivalent Units
Inventory in process, beginning
Started and completed
Transferred to Packing Department
Inventory in process, ending
Total

Answers

Answer:

Whole units 14,320

Direct materials equivalent units 13,680

Conversion costs equivalent units 13,332

Explanation:

Calculation to Determine the number of equivalent units of production with respect to direct materials and conversion costs.

Hopkinsville Company Number of Equivalent Units of Production

WHOLE UNITS

Inventory in process, beginning 640

Started and completed 12,960

(13,600-640)

Transferred to Packing Department 13,600

(640+12,960)

Inventory in Process ending 720

Total 14,320

(13,600+720)

DIRECT MATERIALS EQUIVALENT UNITS

Inventory in process, beginning 0

Started and completed 12,960

(13,600-640)

Transferred to Packing Department 12,960

Inventory in Process ending 720

Total 13,680

(12,960+720)

CONVERSION EQUIVALENT UNITS

Inventory in process, beginning 192

[640-(640*70%)]

Started and completed 12,960

(13,600-640)

Transferred to Packing Department 13,152

(192+12,960)

Inventory in Process ending 180

(720*25%)

Total 13,332

(13,152+180)

define hedge fund economics.​

Answers

Answer:

Financial partnerships

Explanation:

Hedge funds are financial partnerships that use pooled funds and employ different strategies to earn active returns for their investors. Hedge fund strategies include long-short equity, market neutral, volatility arbitrage, and merger arbitrage. They are generally only accessible to accredited investors.

The ledger of Blue Spruce Company contains the following balances: Retained Earnings $30,500, Dividends $2,500, Service Revenue $50,500, Salaries and Wages Expense $26,500, and Supplies Expense $7,000. The closing entries are as follows:
(1) Close revenue accounts.
(2) Close expense accounts.
(3) Close net income/(loss).
(4) Close dividends.
Enter the balances in T-accounts, and post the closing entries.
Salaries and Wages Expense select an option Bal. enter a debit amount 26500 select an option enter a credit balance
Supplies Expense select an option enter a debit amount select an option Bal. enter a credit balance 7000
Service Revenue select an option (1) enter a debit balance 50500 select an option Bal. enter a credit amount 50500
Dividends select an option (4) enter a debit amount 2500 select an option Bal. enter a credit balance 2500
Income Summary select an option enter a debit amount 26500 select an option enter a credit amount 50500
select an option enter a debit balance 7000
select an option enter a credit balance 2500
Retained Earnings select an option enter a debit amount
select an option enter a credit amount
select an option enter a debit amount
select an option enter a credit amount
select an option enter a debit balance
select an option enter a credit balance

Answers

Answer:

Blue Spruce Company

Closing Entries:

1. Close Revenue Accounts:

Debit Service Revenue $50,500

Credit Income Summary $50,500

To close the service revenue account to the income summary.

2. Close Expense Accounts:

Debit Income Summary $26,500

Credit Salaries and Wages Expense $26,500

To close the salaries and wages expense account to the income summary.

Debit Income Summary $7,000

Credit Supplies Expense $7,000

To close the supplies expense account to the income summary.

3. Close net Income/(Loss):

Debit Net Income $17,000

Credit Retained Earnings $17,000

To close the net income to retained earnings.

4. Close Dividends:

Debit Retained Earnings $2,500

Credit Dividends $2,500

To close the dividends account to retained earnings.

Explanation:

a) Data and Calculations:

Retained Earnings $30,500

Dividends $2,500

Service Revenue $50,500

Salaries and Wages Expense $26,500

Supplies Expense $7,000

Mini-Income Statement:

Service Revenue                                     $50,500

Salaries and Wages Expense $26,500

Supplies Expense                      $7,000   33,500

Net income for the year                          $17,000

b) The above entries close the temporary accounts to the income summary where the net income is determined for the year.  The net income and dividends are thereafter closed to the retained earnings, which is a permanent account that will appear in the balance sheet and the next accounting period.

A company called Brightline has made a deal with Disney to create a rail station at Disney Springs on its planned route from Miami to Tampa. Read about this. Is a private rail link a good idea? Will it make Amtrak function any better? Will it create openings for private sector rail owner/operators as was the case in the USA before Amtrak and as is the case in the UK where not all rail services are BritRail?

Answers

Answer:

The answer for all three questions is yes.

A private player will increase competition and will make Amtrak provide a better service. Private companies are generally more efficient since their focus is on creating value.

Amtrak might benefit since the private rail might be used as additional help when their service is overloaded.

Increased competition and increase in private investment is always better for everyone since it creates new opportunities.

A corporation is concerned about their exposure to criminal liability after the most recent election cycle placed a number of new legislators in Congress who campaigned against corporate corruption. Select the strategy that would be least effective in reducing the company's criminal liability.
A. It could prioritize ethical leadership when making hiring decisions for management-level positions.
B. It could encourage reporting by establishing internal protections for whistleblowers beyond what is provided by Congressional law.
C. It could strengthen its code of ethics to reflect the current political mood.
D. It could donate to the election campaigns of the new members of Congress to establish goodwill.

Answers

Answer:

The strategy that would be least effective in reducing the company's criminal liability is:

D. It could donate to the election campaigns of the new members of Congress to establish goodwill.

Explanation:

While the other three options will effectively reduce the company's criminal liability exposure, option D is the least that is likely to have a positive or effective effect.  This implies that option D is most likely to aggravate the criminal liability of the company as it will be regarded as bribery to cover up a crime.

Madison Foods Corp. is frustrated in its efforts to sell products in Europe because several countries are demanding that the company label products in the specific language associated with the country. These demands are examples of a Multiple Choice trade obstacle. trademark. trade role. trade name.

Answers

Answer: Trade obstacle

Explanation:

From the information given, we can infer that the demands are examples of trade obstacle.

Trade obstacles refers to the barriers which hinder a trade or the restrictions on an international trade. Trade obstacles can be tariffs or other non-tariff methods. Trade obstacles lead to difficulties in the sale of a product to other countries.

The demand are example of Trade obstacle

What is a Trade obstacle?

It means the barriers that should be hindered with respect to the trade or the restrictions that should be on international trade. It could be tariffs or it can be non-tariff methods. It result in difficulties for selling the product to the other countries.

Learn more about demand here: https://brainly.com/question/24741453

The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system.
April 30 May 31
Inventories
Raw materials $43,000 $52,000
Work in process 10,200 21,300
Finished goods 63,000 35,600
Activities and information for May
Raw materials purchases (paid with cash) 210,000
Factory payroll (paid with cash) 345,000
Factory overhead Indirect materials 15,000
Indirect labor 80,000
Other overhead costs 120,000
Sales (received in cash) 1,400,000
Pre-determined overhead rate based on direct labor cost 70%
Compute the following amounts for the month of May using T-accounts.
1. Cost of direct materials used.
2. Cost of direct labor used.
3. Cost of goods manufactured.
4. Cost of goods sold.
4. Gross profit.
5. Overapplied or underapplied overhead.
Do not consider any underapplied or overapplied overhead.
These are the accounts that are used t(that need to be filled in).
1. Raw Materials (RM)
2. Goods In Process (GIP)
3. Factory Payroll
4. Finished Goods (FG)
5. Factory Overhead
6. Income Statement (Partial)

Answers

Answer:

Lock-Tite Company

1. Cost of direct materials used = $186,000

2. Cost of direct labor used = $265,000

3. Cost of goods manufactured = $ 625,400

4. Cost of goods sold = $652,800

4. Gross profit = $747,200

5. Underapplied overhead = $29,500

Explanation:

a) Data and Calculations:

                             

Inventories           April 30    May 31

Raw materials    $43,000    $52,000

Work in process   10,200        21,300

Finished goods   63,000       35,600

Raw materials

Account Titles               Debit           Credit

Beginning balance    $43,000

Cash                           210,000

Factory overhead                            $15,000

Goods in Process                            186,000

Ending balance                              $52,000

Goods in process

Account Titles               Debit           Credit

Beginning balance     10,200

Raw materials          186,000

Factory payroll        265,000

Factory overhead    185,500

Finished Goods Inventory             625,400

Ending balance                                 21,300

Factory Payroll

Account Titles               Debit           Credit

Cash                      $345,000

Factory Overhead                           $80,000

Goods in Process                            265,000

Finished goods

Account Titles               Debit           Credit

Beginning balance     63,000

Goods in Process    625,400

Cost of goods sold                     652,800

Ending balance                             35,600

Factory Overhead

Account Titles               Debit           Credit

Raw materials          $15,000

Factory payroll          80,000

Cash                        120,000

Goods in Process                            $185,500

Balance                                               29,500

Income Statement (Partial)

Sales                           $1,400,000

Cost of goods sold         652,800

Gross profit                   $747,200

Hoffman Corporation issued $65 million of 5%, 20-year bonds at 104. Each of the 65,000 bonds was issued with 15 detachable stock warrants, each of which entitled the bondholder to purchase, for $26, one share of $1 par common stock. At the time of sale, the market value of the common stock was $31 per share and the market value of each warrant was $4. Prepare the journal entry to record the issuance of the bonds. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Answers

Answer:

Dr Cash $ 67.6 million

Dr Discount on bonds payable

$ 1.3 million

Cr Bonds payable 65million

Cr Equity-stock warrants outstanding $3.9million

Explanation:

Preparation of the journal entry to record the issuance of the bonds

Dr Cash $ 67.6 million

(65,000,000 * 104/100 = $ 67.6 million)

Dr Discount on bonds payable

$ 1.3 million

($65million+$3.9 million-$67.6million)

Cr Bonds payable 65 million

Cr Equity-stock warrants outstanding $3.9million

($4× 15 warrants × 65,000 bonds = $3.9million)

(Being To record issuance of bonds)

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $226,800 of raw materials on credit; issued materials to production of $219,000 of which $37,200 were indirect. Minstrel incurred a factory payroll of $164,400, of which $47,200 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. Minstrel's beginning and ending Work in Process Inventory are $17,900 and $31,800 respectively. Compute the cost of jobs transferred to Finished Goods Inventory.

Answers

Answer:

$460,900

Explanation:

The computation of the cost of jobs transferred to Finished Goods Inventory is shown below:

= beginning wip + Direct material + direct labor + manufacturing overhead - closing wip

= $17,900 + ($219,000 - $37,200) + ($164,400 - $47,200) + 150% of $117,200 - $31,800

= $17,900 + $181,800  + $117,200 + $175,800 - $31,800

= $460,900

On October 1, Vista View Company rented warehouse space to a tenant for $2,600 per month. The tennant paid five months rent in advance on that date, with the lease begginning immediately. The cash recipt was credited to the Unearned Rent account. The company's annual accounting period ends on December 31. The adjusting entry needed on December 31 is:

Answers

Answer:

The adjusting entry needed on December 31 is:

December 31

Debit : Unearned Rent $7,800

Credit : Rent Income $7,800

Explanation:

First, lets go through the accounting process of this journal as it started on October 1. Then afterwards we get to understand what needs to be adjusted and how.

October 1 - Vista View Company receives rent in advance.

Vista View Company, is not yet entitled to this amount since tenant has not used its services yet. That why the journal should be a simple Debit of Cash and Credit of Unearned Rent by the total of five months paid in advance $13,000 ($2,600 x 5 months).

December 31 - Now three months have expired and this period the Landlord is entitled to the amount that was previously received but only for the 3 months period.

Thus we need to recognize revenue and de-recognize the Unearned Rent liability with the amount for 3 months` rent

When Ian experiences diminishing marginal utility when buying shirts,
a. the price of each additional shirt he purchases falls when he gets volume discounts.
b. the price of each additional shirt he purchases falls when he gets volume discounts.
c. the value of the shirt he purchased start to fall as they wear out over time.
d. the value of the shirt he purchased start to fall as they wear out over time.
e. the personal value of each additional shirt he purchases starts to fall.

Answers

Answer:

e. the personal value of each additional shirt he purchases starts to fall.

Explanation:

Diminishing marginal utility means that as the number of goods that you consume increases, the utility received from consuming every additional unit decreases. For example, if you are very thirsty and drink a glass of Coke, the first glass will yield a very high utility. But as you consume more and more Coke, the following glasses will yield lower utility.

At the end of 2020, an italian subsidiary of a U.S. parent reports 1000000 euros in equipment purchased when the exchange rate was $.140, and 3000000 euros in equipment purchased when the exchange rate was $1.50. The avrage exchange rate for 2020 is $1.35, and the beginning and ending rates for 2020 are $1.42 and $1.31, respectively. If the Italian subsidiary's functional currency is the U.S. dollar, the equipment account, in U.S. dollars is

Answers

Answer: $5,900,000

Explanation:

If If the Italian subsidiary's functional currency is the U.S. dollar, the equipment account, in U.S. dollars will be calculated as:

Equipment purchased = € 1000000

Exchange rate = $1.40

Amount in dollars = $1,400,000

Equipment purchased = € 3000000

Exchange rate = $1.50

Amount in dollars = $4,500,000

Therefore, the equipment account, in U.S. dollars will be:

= $1,400,000 + $4,500,000

= $5,900,000

Pierce Company issued 11% bonds, dated January 1, with a face amount of $800,000 on January 1, 2021. The bonds sold for $739,816 and mature in 2040 (20 years). For bonds of similar risk and maturity the market yield was 12%. Interest is paid semiannually on June 30 and December 31. Pierce determines interest at the effective rate and elected the option to report these bonds at their fair value. On December 31, 2021, the fair value of the bonds was $730,000. The entire change in fair value was due to a change in the general (risk-free) rate of interest. Pierce's net income for the year will include:

Answers

Answer:

unrealized gain from change in market value = $10,617

Explanation:

Bonds carrying value = $739,816

amortization of bond discount = ($739,816 x 6%) - ($800,000 x 5.5%) = $389

amortization of bond discount = ($740,205 x 6%) - ($800,000 x 5.5%) = $412

bond's carrying value = $740,205 + $412 = $740,617

unrealized gain = carrying value - market value = $740,617 - $730,000 = $10,617

Creating a Business Plan: Why is the section on key personnel so important?

Answers

Answer:

D- Investors invest in people even more than ideas.

Explanation:

Took the quiZ

Which of the statements is not true about a bank run? Bank runs are bad for the bank affected and usually good for the bank's competitors. Fears leading to bank runs can be self-fulfilling. Deposit insurance is designed to reduce the risk of bank runs for depository banks. There was a wave of bank runs during the Great Depression. Since the Great Depression the government has set up regulation that has eliminated most bank runs.

Answers

Answer:

Explanation:

90% of people marry there 7th grade love. since u have read this, u will be told good news tonight. if u don't pass this on nine comments your worst week starts now this isn't fake. apparently if u copy and paste this on ten comments in the next ten minutes you will have the best day of your life tomorrow. you will either get kissed or asked out in the next 53 minutes someone will say i love u

journal entries paid commission Rs 30000​

Answers

Huh???????????????????

Institute Technologies is choosing new cost drivers for its accounting system. One driver is labor hours, the other is a combination of machine hours for unit variable costs and number of setups for a pool of batch-level costs. Data for the past year follow.
Budget
Labor hours 200,000
Machine hours 360,000
Number of setups 3,000
Unit variable cost pool $1,600,000
Batch-level cost pool $ 900,000
Actual
200,000
450,000
3,300
$2,000,000
$ 990,000
Assume that the two separate pools are used for Institute. The flexible budget dollar amounts for the actual level of machine hours and actual number of setups are: __________.
Unit Variable Cost Pool Batch-Level Cost Pool
a) $1,600,000 $900,000
b) $1,600,000 $990,000
c) $2,000,000 $900,000
d) $2,000,000 $990,000
e) $2,500,000 $ 0

Answers

Answer:

d) $2,000,000 $990,000

Explanation:

The computation is shown below:

Unit variable cost pool is

= Budgeted cost ÷ Budgeted machine hours

= $1,600,000 ÷ 360,000

=$ 4.444 per machine hour

And,

Batch-level cost pool = Budgeted cost ÷ Budgeted number of setups

= $900,000 ÷ 3000

= $ 300 per setup

Now

Unit variable cost pool is

= Actual machine hours × Activity rate

= 450000 × 4.44

= $2,000,000

And, Batch-level cost pool is

= Actual number of setups × Activity rate

= 3300 × 300

=$990,000

Consider an economy described by the following​ equations: Y​ = C​ + I​ + G, G​ = 2,000 T​ = 2,000 C ​ = 250​ + 0.75YD I​ = 750 ​a) Is there a government budget​ deficit, budget​ surplus, or balanced​ budget? A. budget deficit B. budget surplus C. balanced budget ​b) Calculate the equilibrium value of Y. Y​ = ​$ nothing ​c) What is the value of autonomous consumption​ (c0)? autonomous consumption​ = ​$ nothing ​d) What is the value of​ MPC? What is the value of​ MPS? MPC​ = nothing MPS​ = nothing ​e) Calculate the value of APC and the value of APS. Round your answers at 2 decimal places. APC​ = nothing APS​ = nothing ​f) Calculate private​ saving, public saving and national saving. Private Saving​ = ​$ nothing Public Saving​ = ​$ nothing National Saving​ = ​$ nothing

Answers

Answer: See explanation

Explanation:

a. This is a balanced budget. A balanced budget is when the government expenditure and the revenue generated are thesame. In this case, government expenditure (G) and revenue gotten from taxes (T) are both 2000.

b. The equilibrium value of Y will be:

Y = C + I + G

Y = 250 + 0.75(Y - 2000) + 750 + 2000

Y = 250 + 0.75Y - 1500 + 750 + 2000

Y - 0.75Y = 1500

0.25Y = 1500

Y = 1500/0.25

Y = 6,000

c. The value of the autonomous consumption​ (c0) will be:

c0 = 250

d. MPC = 0.75 ,

Note that MPS = 1 - MPC

= 1 - 0.75

= 0.25

e APC = C/YD

= 3250/4000

= 0.8125

APS = S/YD

= 750/4000

= 0.1875

f. Private Saving = 750

Public saving = 0

Then, the National Saving will be:

= Public savings - private savings

= 750 - 0

= 750

26223-CZ company a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The 26223-CZ company based its predetermined overhead rate for the current year on the following data: Total machine-hours 50,000 Total fixed manufacturing overhead cost $ 400,000 Variable manufacturing overhead per machine-hour $ 6 Recently, Job D284 was completed with the following characteristics: Number of units in the job 40 Total machine-hours 100 Direct materials $ 750 Direct labor cost $ 2,750 If the company marks up its unit product costs by 60% then the selling price for a unit in Job D284 is closest to: (Round your intermediate calculations to 2 decimal places.)

Answers

Answer:

$4,900

Explanation:

Total variable overhead estimated

= $6 × 50,000

= $300,000

Therefore,

Total overhead estimated = Total variable overhead estimated + Total fixed overhead estimated

= $300,000 + $400,000

= $700,000

Predetermined overhead rate

= $700,000/50,000

= $14 per machine hour

Total overhead applied

= $14 × 100

= $1,400

Therefore,

Total job cost = Direct material + direct labor + total overhead

= $750 + $2,750 + $1,400

= $4,900

Find a false statement on bond duration. Multiple choice question. With time to maturity and yield to maturity held constant, a bond's duration and interest rate sensitivity are higher when the coupon rate is lower. With other factors held constant, the duration of a coupon bond is higher when the bond's yield to maturity is higher. Duration always increases with maturity for a premium bond. The duration of a zero-coupon bond equals its time to maturity.

Answers

Answer:

✓With time to maturity and yield to maturity held constant, a bond's duration and interest rate sensitivity are higher when the coupon rate is lower.

✓The duration of a zero-coupon bond equals its time to maturity.

✓Duration always increases with maturity for a premium bond.

Explanation:

Bond duration in finance can be regarded as a way used in measuring

the likelyhood or how much the prices of bond to change when and there is a movement in interest rates. It can be defined as the measurement of the risk interest rate. With Understanding about bond duration, it will be easier for investors to determine how bonds can fit in to investment portfolio. It should be noted that With other factors held constant, the duration of a coupon bond is higher when the bond's yield to maturity is higher.

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