False. firms with the same EBIT may have varying amounts of assets, which would lead to varying ROA numbers. A company, such as a corporation or limited liability company, is a for-profit commercial entity (LLC).
Return on assets, or ROA, gauges how well a firms uses its assets to produce profits. It is determined by dividing a company's net income by its total assets. If two businesses have differing amounts of assets despite having the same EBIT (earnings before interest and taxes), their ROAs may differ. A business with more assets, for instance, will have a lower ROA than one with the same EBIT but fewer assets. Therefore, other factors, such as the amount of assets, can have an impact on the statistic and ROA is not simply driven by EBIT.
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which of the following is not a benefit claimed for the practice of determining materiality in the initial planning stage of an audit?
One unstated benefit of evaluating materiality from the early planning stage of an audit is that it can assist in identifying all instances of fraud or unlawful activity in the firm.
Materiality assists the auditor in determining the seriousness of financial statement misstatements, which in turn determines the scope and processes of the audit. Other advantages of assessing materiality include focusing the audit on key areas, boosting communication with management, and increasing audit efficiency. the following is not a benefit claimed for the practice of determining materiality in the initial planning stage of an audit unstated benefit of evaluating materiality from the early planning stage of an audit is that it can assist in identifying all instances of fraud or unlawful activity in the firm.
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Suppose that the total expenditures for a typical household in 2018 equaled $2,500 per month, while the cost of purchasing exactly the same items in 2020 was $3,000. if 2018 is the base year, the cpi for 2018 equalsa. 0.83b. 1.00c. 1.20d. 1.25
Note that the CPI for 2018 is 1.20 (Option C)
What is CPI?CPI stands for Consumer Price Index, which is a measure of the average change over time in the prices of a basket of goods and services that households purchase. CPI is used as an economic indicator to measure inflation or deflation, and it is calculated by tracking
Since 2018 is the base year, the CPI for 2018 is 100. We can calculate the CPI for 2020 as follows:
CPI for 2020 = (Cost of the market basket in 2020 / Cost of the market basket in 2018) x 100
The cost of the market basket in 2018 is $2,500 per month, which is also the base year expenditure. The cost of the market basket in 2020 is $3,000 per month. Substituting the values, we get:
CPI for 2020 = ($3,000 / $2,500) x 100 = 120
Therefore, the CPI for 2018 is 100, and the answer is (c) 1.20.
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When cyclical unemployment is equal to zero, we know that:
A. The actual unemployment rate is equal to the natural rate of unemployment.
B. Frictional and structural unemployment are also equal to zero.
C. The actual unemployment rate is greater than the natural rate of unemployment.
D. Frictional unemployment is less than zero while structural unemployment is greater than zero.
When cyclical unemployment is equal to zero, the unemployment fee becomes equal to the herbal charge of unemployment.
Is cyclical unemployment equal to herbal unemployment?The motion of labor in and out of employment, whether or not it is voluntary or not, represents natural unemployment. Any unemployment now not regarded to be natural is often referred to as cyclical, institutional, or policy-based unemployment.
Cyclical Unemployment: actual rate of unemployment - herbal fee of unemployment = u - u*. The cyclical fee of unemployment is the unemployment created by way of recessions and booms. During recessions, u - u* > 0; for the duration of booms, u - u* < 0 Actual Unemployment Rate: natural fee + cyclical price = u = u* + (u - u*).
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https://brainly.com/question/13789532#SPJ4Refer to the above tables. Suppose that Duckistan and Herbania are each producing 14 units of civilian goods and 2 unit of military goods. Then:
A. Duckistan is fully employing its resources but Herbania is not.
B. both Duckistan and Herbania are fully employing their resources.
C. Herbania is fully employing its resources but Duckistan is not.
D. neither Duckistan nor Herbania are fully employing their resources.
If Duckistan and Herbania are each producing 14 units of civilian goods and 2 unit of military goods, then Duckistan is fully employing its resources but Herbania is not (option (A).
Let's consider Duckistan first. According to the table, Duckistan can produce a maximum of 18 units of civilian goods and 4 units of military goods.
Therefore, producing 14 units of civilian goods and 2 units of military goods is well within its production possibility frontier. Thus, Duckistan is fully utilizing its resources.
Now, let's turn our attention to Herbania. According to the table, Herbania can produce a maximum of 16 units of civilian goods and 2 units of military goods.
However, it is only producing 14 units of civilian goods and 2 units of military goods.
Thus, Herbania is not fully utilizing its resources since it could produce 2 more units of civilian goods without sacrificing the production of military goods.
Therefore, the correct answer is A, which states that Duckistan is fully employing its resources, but Herbania is not.
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Select all that apply The statement of cash flows explains the difference between beginning and ending balances of cash and cash equivalents. A cash equivalent must sisty which of the following criteria? Check wi that apply) O Be held at a local institution O Be close to maturity O Be backed by secured assetsO Be readly convertible to a known amount of cash
Be backed by secured assets is the criteria is a cash equivalent must sisty. Hence, option B is correct.
What is the concept of the excerpt?The difference between the beginning and ending balances of cash and cash equivalents is explained by the statement of cash flows, which must be backed by secured assets and be close to maturity.
The balance sheet displays the assets and liabilities that arise from the cash flow statement's activities whereas the cash flow statement displays the amount of money coming in and leaving out.
Thus, option B is correct.
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Answer: Be close to maturity and Be readily convertible to a known amount of cash
Explanation: was originally answered incorrectly
Use your knowledge of multinational corporations (MNCS) to complete the following sentence Because they can move assets and jobs from country to country, MNCs typically____ over the economies, politics, and cuiture of countries in which they do business. a. the lack influence b. have influence
c. influence
d. bussiness
Multinational corporations (MNCS) can move assets and jobs from country to country, MNCs typically influence over the economies, politics, and cuiture of countries in which they do business. Because MNCs can influence the economies of those countries through their investments, job creation, and tax payments. So, the correct answer is (C).
Multinational corporations (MNCs) have significant economic power due to their ability to move assets and jobs across borders. This power can also translate into political and cultural influence in the countries where they do business. These MNCs influence the economies of countries through their tax payments, investments, and job creation.
They can also influence politics by lobbying governments, shaping policies, and contributing to political campaigns. MNCs can also have a significant impact on the culture of a country, by promoting their products and services, and influencing the values and beliefs of people.
However, the extent of MNCs' influence varies depending on the size and nature of the company, the industry they operate in, and the regulatory environment in the country. Some countries have stronger laws and regulations that limit the influence of MNCs, while others may have weaker regulations. So, correct option is (C).
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true/false. worthington capital wants to invest in british companies with the best esg scores. based on the results of this eqs screening done on 24 july 2022, which two companies intially seem to be the most promising investment candidates, worthy of deepr exploration
Reckitt Benckiser and Diageo PLC seem to be the most promising investment candidates because a high ESG disclosure score is better than Amcor and Lloyds. This statement is true.
The ESG Disclosure Score is a percentage that compares your overall degree of disclosure to quantitative ESG data points that are taken from international standards and are thought to be the most pertinent for your sector.
ESG (Environmental, Social, and Governance) aspects are gradually being taken into account by investors during the engagement and decision-making phases. The ESG Disclosure Score is a percentage that compares your overall degree of disclosure to quantitative ESG data points that are taken from international standards and are thought to be the most pertinent for your sector.
Therefore, the given statement is true.
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True or False: The liquidity preference theory suggests that the shape of the yield curve is determined by the supply and demand for funds within each maturity segment.
The statement given in the question is True.
The liquidity preference theory suggests that the shape of the yield curve is determined by the supply and demand for funds within each maturity segment.
The liquidity preference theory is a theory of interest rates that suggests that the shape of the yield curve is determined by the supply and demand for funds within each maturity segment. According to this theory, investors have a preference for liquidity, or the ability to access their funds quickly and easily, and therefore require a higher return for tying up their funds in longer-term investments. This higher return is reflected in a higher interest rate for longer-term bonds, which results in an upward-sloping yield curve. Conversely, when the demand for funds is low or the supply of funds is high, the yield curve may flatten or even invert, indicating lower interest rates for longer-term bonds.
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Checks are:
A) not acceptable for settling transactions in most industrialized countries.
B) less important than currency as a means of settling transactions.
C) promises to pay, on demand, money deposited with a financial institution.
D) promises to pay, on demand, coins minted from precious metals.
Answer:
C) promises to pay, on demand, money deposited with a financial institution.
Explanation:
have great day!!! :)
. What advice would you give The Container Store on how to hire people who fit the
organization ?
Answer:
The Container Store's Culture IMPROVING FIT AT THE CONTAINER STORE The Container Store wants to hire store employees whose self-motivation, team orientation, and pas sion for customer service will help the company succeed. To accomplish this goal, the company asks every employee to play a role in recruiting.
suppose the federal government requires beer drinkers to pay a $2 tax on each case of beer purchased. (in fact, both the federal and state governments impose beer taxes of some sort.)a. Draw a supply-and-demand diagram of the market for beer without the tax. Show the price paid by consumers, the price received by producers, and the quantity of beer sold. What is the difference between the price paid by consumers and the price received by producers?b. Now draw a supply-and-demand diagram for the beer market with the tax. Show the price paid by consumers, the price received by producers, and the quantity of beer sold. What is the difference between the price paid by consumers and the price received by producers? Has the quantity of beer sold increased or decreased?
The point at which the supply curve and the Demand curve meet without tax is E, which is the market's equilibrium. The quantity of beer on the market is Q, and the price paid by customers and the price received by producers are both equal to P.
What is meant by Supply curve and Demand Curve?The quantity of a particular product or service that consumers will be willing and able to purchase at each price over a given time period is depicted by the demand curve.
It is well acknowledged that supply tends to increase as a result of suppliers' willingness to create more as prices rise. Most people think that demand goes down: Customers make fewer purchases at higher prices.
A supply curve is a graph that shows how a seller's supply changes when the price of a good or service changes. The quantity supplied is shown on the horizontal x-axis, while the price is shown on the vertical y-axis.
Therefore, The relationship between the price of a good or service and the quantity demanded over a given time period is depicted graphically in the demand curve.
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A spreadsheet model of a break-even analysis calculates Total Variable Cost as. The product of marginal costs and production quantity.
Yes, you are accurate. Total Variable Cost (TVC) is determined in a break-even analysis as the product of marginal expenses and output quantity. The variable costs involved with generating one more.
unit of output, such as direct materials, direct labor, and variable overhead expenses, are referred to as marginal costs. The TVC is calculated by multiplying the marginal cost per unit by the number of units produced. This is the overall cost of manufacturing that number of units, assuming that all expenses are variable and no fixed costs exist. By comparing the TVC to the Total Revenue (TR) generated by the same number of units, the break-even point can be determined, which is the point at which the corporation is neither profitable nor losing money.
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Complete this question by entering your answers in the tabs below.
Req 1Req 2Req 3 to 5Req 6
Prepare a contribution format income statement.
Todrick Company
Contribution Format Income Statement
Sales $480,000
Variable expenses:
Cost of goods sold $16,000
Selling expense 24,000
Administrative expense 40,000
80,000
Contribution margin 96,000
Fixed expenses:
Administrative expense $19,200
Selling expense
19,200
Net operating income $28,800
Req 1Req 2
The necessary entry to illustrate the information is written below.
How to depict the entriesOne of a company's financial accounts, the income statement or profit and loss account, lists the company's receipts and outgoings for a specific time period.
Sales $ 480,000
Variable Expenses
COGS $ 336,000
Selling Expenses $ 24,000
Admin Expenses $ 24,000
$ 384,000
Contribution Margin $ 96,000
Selling Expenses $ 48,000
Admin Expenses $ 19,200
$ 67,200
Net Income $ 28,800
Sales $ 480,000
Variable Expenses
COGS $ 336,000
$ 336,000
Gross Margin $ 144,000
Selling Expenses $ 72,000
Admin Expenses $ 43,200
$ 115,200
Net Income $ 28,800
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According to the map, which location received manufactured goods in exchange for enslaved humans?
According to the map, the location that received manufactured goods in exchange for enslaved humans were in Africa.
Being a slave, who is unable to stop working for an enslaver, and having one's property treated as one's own are both considered to be slavery and enslavement, respectively. While the location or residence of the worker is determined by the enslaver, slavery typically involves some type of work.
Many historical cases of slavery resulted from breaking the law, accruing debt, or losing a war; other types of slavery were established along demographic lines, such as race. For a set amount of time after which they would be freed, or for life, slaves may be held in servitude.
Despite the fact that coercion and forced servitude are the norm in slavery, there are some instances where people choose to work as slaves voluntarily in order to repay debts or supplement their meager income.
Slavery was a common feature of civilization throughout human history and was legal in the majority of societies, but it is now prohibited in the majority of the world's nations, with the exception of those that use it as a punishment for crimes.
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select three commatch each type of environmental force with a common consideration associated with it.ponents of the competitive environment.
Common Factors to Consider Rapid technological advancement Competitive environment components include: Technology advancements may quickly make current goods and services obsolete,
All objects that are present on Earth, both living and non-living, as well as their interactions, are referred to as the environment. It includes everything we share with all living things on the globe, including the water we drink, the land we walk on, and the air we breathe. The environment is fundamental to the existence of life on Earth as well as to human health and happiness. The environment is being seriously harmed by human activities including pollution, deforestation, and climate change, which has a detrimental effect on ecosystems and people's health. A healthy future for all species on Earth depends on sustaining environmental protection and preservation.
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In incremental analysis, ___multiple select question1) costs are not relevant if they change between alternatives. 2) all costs are relevant if they change between alternatives. 3) only fixed costs are relevant. 4) only variable costs are relevant
In incremental analysis, the following statements are true:
Costs are not relevant if they do not change between alternatives.Only costs that change between alternatives are relevant.Both fixed and variable costs can be relevant, depending on whether they change between alternatives.Therefore, options 1, 2, and 4 are incorrect, and option 3 is partially correct. Fixed costs can be relevant if they change between alternatives, but not all fixed costs are relevant in incremental analysis. Incremental analysis involves comparing the costs and benefits of two or more alternatives to determine which option is the most financially viable. Only the incremental costs and benefits of each alternative are considered, which are the costs and benefits that differ between the alternatives. This approach allows decision-makers to focus on the relevant costs and benefits and avoid including irrelevant information that could cloud their judgment.
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Suppose the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward. Which of of the following could have caused these shifts?
a. The price of a laptop computer, a substitute for desktop computers, fell and the cost of producing desktop computer decreased.
b. Consumers purchased more computers because of the xmas season and the labor costs of producing desktop computers decreased.
c. Desktop computers are a normal good and incomes increased, while more firms entered the market.
d. Desktop computers are a normal good and incomes decreased, while the labor costs of producing personal computers increased.
e. Desktop computers are a normal good and incomes increased, while the labor costs of producing personal computers increased.
E) While salaries climbed and desktop computers became a common item, labor expenses to make personal computers also increased.
Describe the demand curve.The demand curve is a line graph used in economics that depicts the number of units that will be purchased at various pricing of a good or service. The amount is represented on the horizontal (X) axis, while the price is plotted along the vertical (Y) axis.
The law of demand, which stipulates that the quantity required will decrease as the price increases, is followed by demand curves, which are used to determine the relationship between price and quantity. Demand and supply curves are frequently mixed in order to estimate the market's equilibrium price and quantity.
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Suppose a local company has the following balance sheet accounts:
Accounts Balances Accounts Balances
Land $ 8,000 Cash 6,200
Equipment ? Stockholders' Equity 12,500
Salaries Payable 3,300 Accounts Payable 1200
Notes Payable ? Prepaid Rent 2,200
Supplies 1,600
The missing amounts assuming the business has total assets of $30,000. The Equipment is 12000 and the Notes Payable is 13000.
Equipment = Total Asset - Total Asset except Equipment
Equipment = 30000-18000
Equipment = 12000
Total Liability and Equity = Total Asset = 30000
Notes Payable = Total Liability and Equity - Total Liability and Equity except Notes Payable
Notes Payable = 30000-17000
Notes Payable = 13000
Notes payable refers to a type of financial liability that a company or individual incurs when borrowing funds from a creditor. This debt is usually documented in a promissory note, which outlines the terms of the loan, including the interest rate, repayment schedule, and any collateral or guarantees required. The notes payable may be short-term (due within a year) or long-term (due beyond a year).
The notes payable account is a liability account on the balance sheet, representing the amount of money that the company owes to its creditors. The balance of this account increases with each new borrowing and decreases with each repayment. Companies often use notes payable to finance operations, investments, and other business activities.
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Complete Question: -
Suppose a local company has the following balance sheet accounts: Accounts Balances
Land $ 8,000
Equipment ?
Salaries Payable 3,300
Notes Payable ?
Supplies 1,600
Cash 6,200
Stockholders' Equity 12,500
Accounts Payable 1,200
Prepaid Rent 2,200
Calculate the missing amounts assuming the business has total assets of $30,000.
which of the following is a descriptive analytic technique that would be most useful in identifying transactions recorded shortly after the balance sheet date?
Option (d), Sorting is a descriptive analytical method that would be most beneficial for identifying transactions reported soon after the balance sheet date.
What is included in the descriptive analytical approach?The goal of descriptive analytics is to find patterns and relationships using both recent and historical data. It is sometimes described as the most fundamental form of data analysis because it just describes trends and relationships without going any further.
What benefits may descriptive analytics provide?Descriptive analytics is used to provide business measurements, reports, and KPIs (Key Performance Indicators), allowing firms to track their performance and spot new trends.
When descriptive statistics are used to illustrate study results, what does that mean?With the aid of descriptive statistics, we can sensibly simplify vast amounts of data. Each descriptive statistic reduces a lot of data to a more succinct description. As an example, let's look at the batting average, a simple number used to indicate how well a batter is doing in baseball.
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The complete question is:
Which of the following is a descriptive analytic technique that would be most useful in identifying transactions recorded shortly after the balance sheet date?
A. Calculating summary statistics.
B. Time-period sampling.
C. Record counting.
D. Sorting.
michael is hungry and decides to eat a burger at mcdonald's, burger king, or wendy's. this demonstrates a(n) ____ market.
Michael is hungry and decides to eat a burger at mcdonald's, burger king, or consumers. this demonstrates a product market.
The market most likely purchasers for its goods or services. For instance, the target market and audience for a children's toy may be boys aged 9 to 11 and the parents of those boys.
It can also be described as the group of consumers who are most likely to be affected by marketing initiatives. The buyer persona is separate from the target market. Thus, developing ties with consumers, raising brand recognition, creating products, advertising them, and even bribing grocery stores for prominent shelf placement are all instances of food marketing.
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What are the components of AWS global infrastructure?
Regions, Availability Zones, Edge Locations, and Global Accelerator are all parts of the AWS global infrastructure. The AWS global infrastructure's edge sites are used by Amazon Cloud Front.
The many parts of the AWS global infrastructure include:
Regions: Physical areas in which AWS resources, including servers and data centres, are situated.
High availability and fault tolerance are provided by isolated data centres known as availability zones within a region.
Data centres in various places across the world that act as the endpoints for AWS services like DNS resolution and content delivery.
An organization's on-premises infrastructure and an AWS Direct Connect site are connected by a dedicated network using AWS Direct Connect.
AWS Global Accelerator: A service that uses the AWS global network to direct traffic to the best AWS endpoints.
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listed here are a number of financial statement captions. indicate in the spaces to the right of each caption the category of each item and the financial statement(s) on which the item can usually be found.
Title Category Financial Statements Cash AB BS Liabilities L BS Common Stock BS Depreciation E IS Net Sales R IS Income Tax Expense E IS Short Term Investments AB BS Gain on Sale of Land G IS Retained Earnings SE BS Dividends Payable L BS, Billing A BS , short-term borrowings L BS
What is a dividend?
Dividends are the distribution of a company's profits to its shareholders and are determined by the company's board of directors. Dividends are often paid quarterly and are paid in the form of cash or reinvestment in additional stock.
Please give me an example of a dividend.
An example of a dividend is a cash payment to shareholders from profits. They are usually paid for quarterly. AT&T, for example, has been making such payments for several years, with its Q3 2021 offering price set at $2.08 per share.
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Bond X is a premium bond making semiannual payments. The bond pays a coupon rate of 6.8 percent, has a YTM of 6.2 percent, and has 13 years to maturity. Bond Y is a discount bond making semiannual payments. This bond pays a coupon rate of 6.2 percent, has a YTM of 6.8 percent, and also has 13 years to maturity. The bonds have a par value of $1,000. What is the price of each bond today? If interest rates remain unchanged, what do you expect the price of these bonds to be one year from now? In three years? In eight years? In 12 years? In 13 years? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Price of bond Bond X Bond Y Today _____ _____
One year _____ _____
Three years _____ _____
Eight years _____ _____
12 years _____ _____
13 years _____ _____
Prices οf Bοnd X and Bοnd Y in 13 years (at maturity): Bοnd X: $1,552.70, Bοnd Y: $600.00 (its price at maturity will be equal tο its face value)
Hοw dο bοnds wοrk?A bοnd is a type οf security that is used by businesses οr gοvernments tο bοrrοw mοney frοm investοrs. Bοnds are anοther name fοr fixed incοme securities. An investοr lends mοney tο a bοrrοwer, like a business οr the gοvernment. In essence, gοvernments and businesses issue bοnds when they need tο raise mοney. They frequently bοrrοw mοney using bοnds.
Evaluating:
Tο calculate the price οf each bοnd tοday, we can use the bοnd pricing fοrmula:
Price οf bοnd = (Cοupοn payment / (1 + YTM/2)ₜ) + (Cοupοn payment / [tex](1 + YTM/2)^{(t+1)})[/tex] + ... + (Cοupοn payment + Face value / [tex](1 + YTM/2)^{(n\cdot 2)})[/tex]
Where,
(Cοupοn rate × Face value) / 2 represents the cοupοn payment.
YTM = Yield tο maturity
t = Number οf semiannual periοds until the next cοupοn payment
n = Number οf semiannual periοds until maturity
Fοr Bοnd X:
Cοupοn payment = (6.8% × $1,000) / 2
= $34
YTM = 6.2% / 2 = 3.1%
t = 1 (since it makes semiannual payments)
n = 13× 2
= 26
Price οf Bοnd X tοday = ($34 / (1 + 0.031)¹) + ($34 / (1 + 0.031)²) + ... + ($34 / (1 + 0.031)²⁶) + ($1,000 / (1 + 0.031)²⁶)
= $1,137.44
Fοr Bοnd Y:
Cοupοn payment = (6.2% × $1,000) / 2
= $31
YTM = 6.8% / 2 = 3.4%
t = 1 (since it makes semiannual payments)
n = 13× 2 = 26
Price οf Bοnd Y tοday = ($31 / (1 + 0.034)¹) + ($31 / (1 + 0.034)²) + ... + ($31 / (1 + 0.034)²⁶) + ($1,000 / (1 + 0.034)²⁶)
= $887.91
If interest rates remain unchanged, the price οf Bοnd X and Bοnd Y οne year frοm nοw will be:
Fοr Bοnd X:
Cοupοn payment = (6.8% × $1,000) / 2 = $34
YTM = 6.2% / 2 = 3.1%
t = 1 (since it makes semiannual payments)
n = 12× 2
= 24
Price οf Bοnd X in οne year = ($34 / (1 + 0.031)¹) + ($34 / (1 + 0.031)²) + ... + ($34 / (1 + 0.031)²⁴) + ($1,000 / (1 + 0.031)²⁴)
= $1,151.94
Fοr Bοnd Y:
Cοupοn payment = (6.2% × $1,000) / 2
= $31
YTM = 6.8% / 2
= 3.4%
t = 1 (since it makes semiannual payments)
n = 12 × 2
= 24
Price οf Bοnd Y in οne year = ($31 / (1 + 0.034)¹) + ($31 / (1 + 0.034)²)+ ... + ($31 / (1 + 0.034)²⁴) + ($1,000 / (1 + 0.034)²⁴)
= $901.43
Similarly, the prices οf Bοnd X and Bοnd Y in three years, eight years, 12 years, and 13 years (at maturity) can be calculated using the same fοrmulas by adjusting the values οf t and n accοrdingly:
Prices οf Bοnd X and Bοnd Y in three years:
Bοnd X: $1,175.23
Bοnd Y: $842.95
Price οf Bοnd X and Bοnd Y in eight years:
Bοnd X: $1,364.15
Bοnd Y: $731.60
Prices οf Bοnd X and Bοnd Y in 12 years:
Bοnd X: $1,530.50
Bοnd Y: $617.44
Prices οf Bοnd X and Bοnd Y in 13 years (at maturity):
Bοnd X: $1,552.70
Bοnd Y: $600.00 (since it is a discοunt bοnd, its price at maturity will be equal tο its face value)
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If you are unsure of your own ethical standards, you are more likely to succumb to outside influence when making a decision. T/F
True, You are more prone to give in to outside pressure when making decisions if you are unsure about your own moral principles.
What occurs when the moral rules are broken?Unacceptable conduct has a negative impact on both individuals and groups. You might lose your job and reputation, businesses might suffer a loss of credibility, morale and output may suffer, or the behavior might result in costly fines and/or financial losses.
What criteria do you use to decide on an ethical course of action?Making ethical decisions is based on essential character attributes including reliability, accountability, respect, fairness, compassion, and good citizenship. Making ethical choices results in ethical behaviors, and these behaviors form the basis of ethical business practices.
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based on the following information for mackie, inc., what is their net income 2020. please use a 21% corporate tax rate. 2019 2020 sales $3,790 $3,990 cost of goods sold 2,043 2,137 depreciation expense 975 1,018 interest 225 267 dividends 200 225 current assets 2,140 2,346 net fixed assets 6,770 7,087 current liabilities 994 1,126 long-term debt 2,869 2,956
$343 is their net income 2020 2020. Net revenue is the amount of accounting profit left over after all expenses have been paid.
What are net income and gross income?Employees earn their gross pay before taxes, benefits, and other payroll deductions are deducted from their pay. Net pay, also known as take-home pay, is the amount left over after all withholdings have been deducted.
Given
Sales =$3990
COGS = $2137
Depreciation = $1018
Interest = $267
Dividend = $225
Required to Calculate Net Income for the period 2020 =?
Net Income = 3990 - 1018 - 267 - 225 - 2137 = $343
Net income is the amount of money left over after taxes and deductions have been deducted from your paycheck. Net income is the money left over after paying operating costs, administrative costs, cost of goods sold, taxes, insurance, and any other business expenses.
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Six years ago, Oscar, owner of Blackacre in fee simple, executed and delivered to Albert an instrument in the proper form of a warranty deed, purporting to convey Blackacre to "Albert and his heirs." At that time Albert was a widower who had one child, Donna. Three years ago, Albert executed and delivered to Bea an instrument in the proper form of a warranty deed, purporting to convey Blackacre to "Bea." Donna did not join in the deed. Bea was and still is unmarried and childless. The only possibly applicable statute in the jurisdiction states that any deed will be construed to convey the grantor's entire estate, unless expressly limited. Last month, Albert died, never having remarried. Donna is his only heir. Blackacre is now owned by
(A) Donna, because Albert's death ended Bea's life estate pur autre vie.
(B) Bea in fee simple pursuant to Albert's deed.
(C) Donna and Bea as tenants in common of equal shares.
(D) Donna and Bea as joint tenants, because both survived Albert.
The combination of Donna and Bea as tenants in common holding equal shares is option (C). Donna was not a party to the warranty deed that Albert had signed in favour of Bea, which transferred the land in fee simple.
The right response is (C), which refers to Donna and Bea as tenants in common with equal shares. Donna did not participate in Albert's warranty deed, which transferred ownership of the land to Bea in fee simple. The transfer of ownership to Bea did not impact Donna's stake in the property. The only conceivable reading of the deed in this situation is that Bea was given a life estate pour autre vie, with Donna holding the residual interest. The applicable legislation mandates that any deed be interpreted to transmit the grantor's full estate; nonetheless, this does not change Donna's right to a share of the land. Consequently, Donna and Bea own Blackacre as tenants in common in equal parts.
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identify an economic circumstance that can greatly affect any product or brand choice. group of answer choices aspirational groups lifestyle values borrowing power relocation
Dissociative out-groups are social groups with which a person want to not identify. The degree of customer involvement describes how much weight a buyer gives to a purchase.
These individuals may also be those whose use of a product deters potential buyers. Consumers frequently respond to dissociative referents by avoiding them, according to previous research. The phrase "Not for ladies" appears in a Dr. Pepper Ten commercial, which is a well-known example of dissociative reference groups in use. Before making a purchase, the consumer takes into account the product's economic, societal, and personal implications. There are three categories of customer involvement levels: low, medium, and high. Low involvement purchases are those in which the consumer makes the purchase without giving it much thought. An illustration would be domestic goods like detergents.
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assume that in recent years the cost of producing microbrew beer in the u.s. has decreased largely due to technological improvements. at the same time, more and more americans prefer microbrew beer over wine. which of the following best explains the effect of these events in the microbrew beer market?
Demand and supply have both increased. Consequently, the equilibrium Q has increased, but the equilibrium P is uncertain.
Option B is correct.
Both the demand and the supply of microbrew beer have increased as a result of technological advancements, which have reduced the cost of production and increased American preference for microbrew beer over wine. The equilibrium quantity will rise as a result of an increase in demand and supply, but the equilibrium price cannot be determined.
What are supply and demand?In economics, demand is the capacity and willingness of consumers to purchase a specified quantity of a product or service at a specified cost. The willingness is the supply. of sellers offering a specified quantity of a product or service at a specified cost. An economic model of market price determination is supply and demand. It assumes that, given all other factors being equal, the unit price of a particular good,
Incomplete question :
Assume that in recent years the cost of producing microbrew beer in the u.s. has decreased largely due to technological improvements. at the same time, more and more americans prefer microbrew beer over wine. which of the following best explains the effect of these events in the microbrew beer market?
A) Supply has decreased, while demand has increased. As a result, there has been an increase in the equilibrium P, but the equilibrium Q is indeterminate
B) Both supply and demand have increased. As a result, there has been an increase in the equilibrium Q, but the equilibrium P is indeterminate.
C) Both supply and demand have decreased. As a result, there has been a decrease in the equilibrium Q, but the equilibrium P is indeterminate.
D) Supply has increased, while demand has decreased. As a result, there has been a decrease in the equilibrium P, but the equilibrium Q is indeterminate
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Prepare the adjusting journal entries that should be recorded for Nicole’s Getaway Spa at December 31, 2015, assuming that the items have not been adjusted prior to December 31, 2015. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)record the adjusting entry for insurance expense where an insurance policy, purchased on june 1 for $3,180 cash, provides coverage for 12 months. the insurance coverage since june has now been used up.
We will debit Insurance Expense for $1,272 and credit Prepaid Insurance for $1,272. This entry will reduce the balance in Prepaid Insurance to $1,908 ($3,180 - $1,272)
The adjusting journal entry for Nicole's Getaway Spa at December 31, 2015, for the insurance expense would be:
Insurance Expense $1,272
Prepaid Insurance $1,272
The insurance policy was purchased on June 1, 2015, and provides coverage for 12 months, meaning it covers the period from June 1, 2015, to May 31, 2016. Since the insurance coverage since June has been used up, we need to record an adjusting entry to reduce the balance in the Prepaid Insurance account, which represents the unexpired portion of the policy as of December 31, 2015.
The calculation for the insurance expense is as follows:
Total cost of insurance policy / 12 months x 7 months (June 1, 2015, to December 31, 2015) = $3,180 / 12 x 7 = $1, 272
Therefore, we will debit Insurance Expense for $1,272 and credit Prepaid Insurance for $1,272. This entry will reduce the balance in Prepaid Insurance to $1,908 ($3,180 - $1,272), which represents the amount that is still prepaid and will be used in the future periods.
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1. As Thanksgiving approaches, Martha sees many advertisements encouraging her to donate her time or money to help serve Thanksgiving dinner to the poor families in her community.A. If Martha donates $20, is she acting in her own self-interest? Explain your answer. (5 points)B. True or False: If Martha donates two hours on Thanksgiving day to help serve food at the local community center, but doesn't donate any money, it doesn't cost her anything to help the poor families in her community. Explain your answer. (5 points)
A. It depends on Martha's motivations for donating the $20.
If she donates because she genuinely cares about helping the less fortunate and wants to make a positive impact on her community, then she is not necessarily acting solely in her own self-interest. However, if she donates simply to feel good about herself or to gain recognition or praise from others, then her donation could be seen as self-interested.
B. False. While it may not cost Martha any money to volunteer her time, it still represents a cost in terms of her time and effort. By choosing to volunteer, she is giving up the opportunity to spend her time and effort on other activities. Additionally, volunteering can also have other costs, such as transportation expenses or the cost of taking time off from work. However, many people find that the benefits of volunteering, such as the satisfaction of helping others and the opportunity to connect with their community, outweigh the costs.
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