Department A had 4,200 units in Work in Process that was 67% completed as to labor and overhead at the beginning of the period. 33,300 units of direct materials were added during the period, 35,200 units were completed during the period, and 2,300 units were 39% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories.
The number of equivalent units of production for conversion costs for the period was ___?
Answers
Answer:
35,395
Explanation:
CALCULATE NO OF EQUIVALENT UNIT OF PRODUCTION FOR CONVERSION COST UNDER FIFO METHOD :
WHOLE UNIT % EQUIVALENT UNIT
BEGINNING WIP 4,200 39% 1,638
UNIT STARTED & COMPLETED
(35,200-4200) 31,000 106% 32,860
ENDING WIP 2,300 39% 897
TOTAL 35,395
Therefore The number of equivalent units of production for conversion costs for the period was 35,395
Related Questions
In the context of the barriers to international trade, which of the following is the best way to jump over sociocultural barriers?
a.
Establishing production standards
b.
Developing ethnocentric marketing practices
c.
Evaluating the economic conditions of a market
d.
Conducting thorough customer research
Answers
Answer: In the context of the barriers to international trade, Conducting thorough customer research is the best way to jump over sociocultural barriers.
Explanation:
Many businesses who are entering the global market misunderstand the constant challenge offered by sociocultural barriers. Although global consumer trends have become more uniform, values, languages, and decision-making processes still pose significant challenges for businesspeople trying to engage with partners in different nations.
Those with experience in international trade are aware of the existence of sociocultural barriers and actively work to overcome them in order to further their business endeavors by Conducting thorough customer research, which helps in breaking the ice with customers of different uniform, values, and languages.
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What affects the consumer decision making process
Answers
Explanation:
Audience demographics such as age, culture, profession, age and background
f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Answers
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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Q: Is there an emergency dentist available in Wednesbury?
Answers
Yes, there is an emergency dentist available in Wednesbury.
Where is Wednesbury?Wednesbury is a town located in the West Midlands county of England, United Kingdom. It is situated approximately 9 miles east of Wolverhampton and 4 miles northwest of Birmingham.
Wednesbury is part of the metropolitan borough of Sandwell and is surrounded by other towns such as Walsall, West Bromwich, and Tipton.
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2. Which of these would an item's producer be most likely to do if total revenue on that item began to
drop?
a. produce less of that item
b. raise the price of that item
c. lower the price of that item
d. produce more of that item
Answers
Answer:
c. lower the price of that item
Explanation:
If the revenues from a product begin to fall, most probably the product is entering the decline stage of its product cycle. In the initial stages of the decline stage, sales begin to drop.
When sales begin to drop, producers implement strategies to try and keep the product in the market for a longer time. One of the ways of maintaining sales is to offer reduced prices. A producer cuts prices to woe customers to continue buying the product.
Hi everyone how are you . First to answer get the brainiest
Answers
Answer:
Hi I am fine and you what's your name where are you from
Answer:
hi who are u
Explanation:
Given all of this information about observation and assessment, you may wonder how this works on a day-to-day basis. Think about your experiences in a classroom, either as a student, a volunteer, a teachers’ aide, or a teacher. What kinds of observation opportunities existed? How do you think children were assessed? How was this information used?
Answers
Classroom observations are important as they provide additional feedback, create a culture of improvement, and provide greater insight into students.
The observation method simply means the human or mechanical observations of the things that people do. Some of the classroom observations include learning walkthrough, supervisory walkthrough, and goal setting.
Children can be assessed by looking at how they behave and studying them. The information gotten is essential as it can provide the teachers with the necessary details to help the students improve academically.
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To speak with integrity, an accountant should most likely:
A. consider his or her tone of voice carefully when speaking.
B. reserve gossip about coworkers for outside of work.
C. use negative language whenever its necessary.
D. make promises regardless of whether he or she will keep them.
SUBMIT
Answers
The most appropriate option is A. Consider his or her tone of voice carefully when speaking.
why it is?
Speaking with integrity as an accountant requires being honest and transparent in all communication, whether it is verbal or written. One of the ways an accountant can ensure that he or she is speaking with integrity is to carefully consider his or her tone of voice when speaking.
This means being aware of the impact of the words used, and how they might be perceived by others. It also involves communicating in a clear, concise and professional manner that does not include any negative language, gossip or making promises that cannot be kept.
Therefore, option A is the most appropriate answer as it emphasizes the importance of speaking with integrity and being mindful of one's tone of voice when communicating.
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which statement is true of a flat file system? a. complex requests can be handled easily. b. programs and data are independent. c. same data can be stored in more than one file. d. it requires very less storage space.
Answers
The answer is c. same data can be stored in more than one file, is the statement is true of a flat file system.
What is the straightforward meaning of data?Data is information that has been transformed into a format that is useful for transfer or processing in computing. Data is information that has been transformed into binary digital form for use with modern computers and communication mediums. The topic of data may be used in either the singular or the plural.
What makes up data?Long channels of semiconductor material are used to create JFETs. At the ends of the semiconductor channels, ohmic contacts are placed to create the source and drain connections. A P-type JFET is one that has a lot of positive charges, and an N-type JFET is one that has lots of electrons.
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C. same data can be stored in more than one file.
What is data ?Data is information that has been organized and structured in a way that it can be used for analysis and communication purposes. It is organized into a logical structure that can be used to identify trends, relationships, and other useful information. Data can be collected from a variety of sources, such as surveys, questionnaires, databases, or even observations. Data can also be collected using a variety of methods, such as interviews, focus groups, and surveys.
Data can be used to make decisions, develop strategies, or even predict future events. Data can be used to inform decision making, help organizations measure progress, or track changes in customer behavior.
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The Fine Art Museum, a not-for-profit entity, allocated expenses 80% to programs and 20% to general and administrative.
a) During the current year the Museum received admissions fees in cash $500,000 from visitors.
b) Citizens of the local community are encouraged to participate in a program called “Friends of the Museum.” For a yearly contribution of $25 per family, a family is entitled to free admission to the Museum during the calendar year. At year-end, there were 10,000 members in the “Friends of the Museum.”
c) During the current year the Museum incurred salary expense of $250,000 of which $60,000 remains unpaid at year-end.
d) During the year the Museum incurred operating expenses of $400,000 of which $30,000 remains unpaid at year-end. Of the $400,000, $50,000 was used to buy supplies of which $20,000 remains on hand at year-end.
e) During the year the Museum received pledges of $200,000 for the acquisition of new art items, of which the Museum had collected $150,000 by year-end and expected to ultimately collect another $20,000.
f) During the year a citizen died and willed his wonderful collection of native art to the Museum to help new art items acquisition. The collection was later sold for $600,000.
Required: Prepare the necessary journal entries to record these transactions.
Answers
The preparation of the necessary journal entries for The Fine Art Museum is as follows:
Journal Entries:
a. Debit Cash $500,000
Credit Admissions Fees $500,000
To record the receipt of admissions fees in cash from visitors.b. Debit Cash $250,000
Credit Admissions Fees $250,000
To record the receipt of special admissions fees for "Friends of the Museum."c. Debit Salary Expense $250,000
Credit Salary Payable $60,000
Credit Cash $190,000
To record salary expense paid and payable.d. Debit Operating Expenses $400,000
Credit Operating Expenses Payable $30,000
Credit Cash $370,000
To record operating expenses paid and payable.Debit Supplies $50,000
Credit Operating Expenses $50,000
To transfer operating expenses to Supplies.Debit Supplies Expense $30,000
Credit Supplies $30,000
To record supplies expense for the year.e. Debit Pledges Receivable $200,000
Debit Cash $150,000
Credit Pledges Receivable $150,000
Credit Allowance for Uncollectible Pledges $30,000
To record pledges receivable and allowance for uncollectibles.f. Debit Cash $600,000
Credit Sale of collections $600,000
To record the sale of wonderful collections from a will.Data Analysis:
Allocation of Expenses:
Programs = 80%
General and Administrative = 20%
a. Cash $500,000 Admissions Fees $500,000
b. Cash $250,000 Admissions Fees $250,000 ($25 x 10,000)
c. Salary Expense $250,000 Salary Payable $60,000 Cash $190,000
d. Operating Expenses $400,000 Operating Expenses Payable $30,000 Cash $370,000
Supplies $50,000 Operating Expenses $50,000
Supplies Expense $30,000 Supplies $30,000
e. Pledges Receivable $200,000 Estimated Receivable Pledges $170,000
Uncollectible Pledges $30,000
Cash $150,000 Pledges Received $150,000
f. Cash $600,000 Sale of collections $600,000
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You are asked to investigate how to determine which marketing techniques will be effective for selling a new product. You must write a report about your findings. Once you have analyzed the problem and purpose of the report, you begin to anticipate the audience of your report. You consider the average educational level and prior subject knowledge of your readers. What does the educational level and prior subject knowledge of your audience help you determine
Answers
Explanation:
To determine the most effective marketing techniques for selling a new product, it is necessary to develop a marketing plan, which is a strategic tool to identify and structure which marketing actions will lead an organization to achieve its goals.
So as stated in the question above, when writing a report on your findings to sell a new product, after analyzing the problem and the purpose of the report, by anticipating the potential audience and finding out the educational level and prior knowledge of the subject of your audience , it is possible to determine how the company will segment the market, that is, develop marketing campaigns and personalized strategies and aligned with the characteristics and preferences of its potential audience to achieve the central objective, which is to sell the product and achieve profitability and competitiveness in the market .
For each scenario, decide whether it creates a producer or a consumer surplus. Then, calculate the ensuing surplus.
Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off which she found online. She selects and purchases a pair of jeans which cost $35 pre-discount.
Alice's____________ surplus:
Jeff finds some steaks for $16 for which he would have been willing to pay $20 . The butcher notices the meat is near the expiration date and gives him an extra 75 % off.
Jeff's________ surplus
Nicole has a hockey puck from the 2018 Winter Olympic Games and puts it up for sale on eBay. She will only sell the puck if the winning bid is greater than or equal to $500 . After bidding closes, the last bid stands at $501.
Nicole's____________ surplus
Answers
Answer:
Alice's consumer surplus = $5
Jeff's consumer surplus = $16
Nicole's producer surplus = $1
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of a good.
Consumer surplus = willingness to pay - price of the good
Producer surplus is the difference between the price of a good and the least price the producer is willing to accept
Producer surplus = price of the good - least price the producer is willing to accept
Alice's consumer surplus = $30 - ($35 - $10) = $5
Jeff's consumer surplus = $20 - [$16 - (0.75 x $16)] = $16
Nicole's producer surplus = $501 - $500 = $1
Acting through its representative Paul, Eva made a job offer to James via email on 13 December. The offer stated that the
starting date of the employment would be 01 February of the following year. James wanted to accept the offer, but he only
wanted to start on 15 February. On 28 December Eva email James again, urging him to respond to the offer 'by the end of
December'. On 29 December, Eva sent James an SMS stating that the offer would lapse unless he accepted it before the
deadline. On the evening of 29 December, James sent an email to Eva stating that he accepted the offer but explaining his
difficulty with the starting date of 01 February and proposing that the starting date be changed to 15 February. Later the
same night, James sent an SMS to Eva stating, '[h]ave responded to the affirmative through a letter emailed to you this
evening.... The email never reached Eva's representative Paul's inbox, although the SMS did. Eva did not regard the SMS as
a valid acceptance by James and gave the job to someone else.
Discuss whether the job offer was validly accepted by James thereby giving rise to a valid contact of employment.
Answers
A specific offer or proposition can only be accepted by the person to whom it was made. No third party can accept the offer without the offeree's knowledge.
What conditions must be met for an offer to be accepted? acceptable acceptance and thought processes?An offer must be detailed and explicit in order to be considered binding. Such a contract is thought to be void. The definition of "Agreements, the meaning of which is not certain or capable of being certain is void" as stated in the relevant legal law shall apply.
What does "offer and acceptance" mean to you? be mentioned the legislation governing offer and acceptance?An acceptance constitutes the basis of a contract. One of the parties must make an offer, and the other party must accept it, for two parties to engage into a contract. The parties concerned must then typically exchange goods and/or services.
A legitimate employment offer is what?Employers may make an offer to hire to a maximum of two. for at least one continuous year of paid, full-time employment (at least 30 hours per week). in a trade-related field of work.
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10 principles of economics
Answers
The 10 principles of economics were given by Gregory Mankiw.
These principles are:
People face tradeoffs: it means that to get one thing, one has to give up on another thing.The cost of Something is What You Give Up to Get It: it refers to the opportunity cost you incur on doing something else. Rational people think at the margin: considering the marginal cost of the product.People Respond to Incentives Trade Can Make Everyone Better Off: trading helps a country in being self-sufficient and enjoying more goods and services. Markets Are Usually a Good Way to Organize Economic Activity. Governments Can Sometimes Improve Economic Outcomes: Government can intervene to allocate resources efficiently.The Standard of Living Depends on a Country's Production: the standard of living increases as the consumption of goods and services, increases.Prices Rise When the Government Prints Too Much Money: when there's a lot of money flowing the market, it will increase the demand for goods which will increase the cost of goods, ultimately leading to inflation.Society Faces a Short-Run Tradeoff Between Inflation and Unemployment.Learn more about "Principles of economics":
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Which of the following tools help you access your interest
A. Aptitude survey
B. Interest inventory
C. Career search
D. Skills assessment
Answers
Answer:
C. Career search
Answer:
Interest inventory
A designated brokerage appointment is established when
Answers
Designated Brokerage was established to completely detach the broker-client connection from the company, the employing broker, and any employed associate brokers.
What exactly is a designated appointed agency?In a real estate transaction, a designated agency occurs when two agents from the same broker represent the parties. Agency appointed is another name for designated agency. In a designated agency scenario, despite the fact that both agents are employed by the same broker, each party has the option of receiving representation from a separate agent.
Note that a designated broker is the owner of a real estate company who is in charge of managing daily operations for other brokers, office personnel, and private clients.
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What information should researchers and policymakers gather to determine a fair and sustainable plan to make Social Security solvent? Consider each bioecological level. For example, what factors at the macrosystem level might be helpful to policymakers? Exosystem factors? What microsystem or mesosystem factors might help policymakers plan Social Security changes?
Answers
One piece of information that researchers and policymakers should gather to determine a fair and sustainable plan to make Social Security solvent is information about how such funds are spent and invested.
One of the factors at the Macrosystem level that would help policymakers are all the factors that influence child development. This is because if children are well educated and invested in, society is better for it in the long run.
Exosystem factors include organizational factors such as people events and things inside of an organization.
What microsystem or mesosystem factors might help policymakers plan Social Security changes?Factors in the Mesosystem that might help policymakers plan Social Security changes are;
The interaction between parents and instructors.The child's neighborhood and relationship with his or her familyRelationship between parents and their children's friendsRelationship between siblings and friendsFamily members assist their child at a job or education.The relationship between the church and the family.Learn more bout exosystem:
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Which action is an example of an expansionary monetary policy?
A. Selling Treasury securities
•
B. Lowering the discount rate
• C. Raising the interest on reserve rate
•
D. Raising the reserve requirement
Answers
Answer: B
Explanation:
The three key actions by the Fed to expand the economy include a decreased discount rate, buying government securities, and a lowered reserve ratio.
Nathan is a customer service agent for a small nutrition company. He was disabled in a car accident and relies on his wheelchair for mobility. One day the elevator he uses broke. For a week, his co-workers assisted him as the elevator was being assessed, but the repair was delayed. Several weeks later, Nathan continued to use the steep loading dock ramp. After repeated conversations with management, it did not seem they wanted to repair the elevator. It was becoming a physical strain on Nathan and it was affecting his work. If this persists, which government entity would be able to assist Nathan in exercising his employment rights
Answers
Answer:
EEOC - Equal Employment Opportunity Commission
Explanation:
EEOC protects employees with disabilities, Nathan would qualify for such protection due to the physical strain.
Nathan may be able to file a complaint with the Equal Employment Opportunity Commission (EEOC) if he believes that his employer has violated his rights under the Americans with Disabilities Act (ADA).
What action can be taken by the EEOC?Charges of discrimination against employers who are subject to the law may be investigated by the EEOC. Our responsibility in an inquiry is to objectively and accurately evaluate the charges' accusations before reaching a conclusion. If we discover that there has been discrimination, we will work to resolve the issue.
The ADA requires employers to provide reasonable accommodations to employees with disabilities, such as installing a functioning elevator or providing an alternative access route to work areas.
Nathan may also consider reaching out to his state's Department of Labor or a local advocacy group for people with disabilities to seek assistance. These organizations may be able to provide guidance and support in filing a complaint or pursuing legal action.
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You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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How do I find the payment of a 10 year $10,000 mortgage with a 10% annual interest rate?
Answers
Based on the mortgage value, the interest rate, and the period of 10 years, the payment can be found to be $1,627.45
How to find the payment amount?The payment amount to repay the 10 year mortgage will be an annuity because it will be a constant and specific amount over the 10 years.
To find the annuity, use the present value of an annuity formula:
Present value of annuity = Annuity x ( 1 - (1 + rate) ^ - number of periods) / rate
Solving for the annuity gives:
10,000 = Annuity x ( 1 - ( 1 + 10%)⁻¹⁰) / 10%
10,000 = Annuity x 6.14457
Annity = 10,000 / 6.14457
= $1,627.45
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Your company is considering strategies to improve their ESG profile to
enhance their corporate citizenship reputation with customers and investors.
Which of the following strategies would you advise against?
O Wait to announce your ESG advances for when the stock market is performing poorly
as a way to boost the company's stock price.
O Nominate individuals with reputations for advancing ESG practices to serve on the
company's board of directors.
O I would advise against all of these strategies.
O Target marketing campaigns at customers and investors that highlight the firms
advances in ESG performance.
Include provisions in your next debt issue that would require the firm to make higher
interest payments if self-made targets for goals such as improving employee welfare
or cutting carbon emissions are not achieved.
Answers
In your future debt offering, include provisions that would expose the company to higher interest payments if self-imposed milestones for goals like improving employee welfare or lowering carbon emissions are not achieved.
How can a business make their ESG stronger?How to Increase Your Corporate ESG Rating Effectively
Review the ESG's capabilities and resource level.It is suggested that you finish your materiality analysis.Take part in ESG rating discussions with important stakeholders.For the ESG score, list your top priorities.Decide on the budgets, resources, and employee numbers.formally establish ESG governance, and develop policies.How important is ESG to investors and businesses alike?ESG frameworks are important for sustainable investing because they help people and other businesses determine whether a company shares their values and evaluate the overall value of a company for their goals.
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Question 2 (9 marks)
(a) City Pacific Airlines has just paid a dividend of $2.50 per share.The company is expected to increase its dividend by 8% next year before starting to reduce the growth rate by 2 percentage points every year (i.e., from 8% to 6% to 4% in each subsequent year) until it reaches the airline industry average of 2%, at which the growth rate will stay forever. What is the price of the stock today given the (yearly) required rate of return is 12%? (5 marks)
(b) Wonderland Inc. has just paid a dividend of $2.75 per share. The company has been following a highly stable dividend growth policy (practically at a constant rate) for many years and is expected to do so in the foreseeable future. What will be the price of Wonderland’s stock five years from now if the market expects the company to pay a $2.86 dividend for next year and its equity cost of capital to be 11.7%? (4 marks)
Answers
The value after 5 years is $42.656165
What is a Stock?
Stock in the context of finance refers to all the shares that constitute a corporation's or company's ownership. A single share of stock represents a fractional ownership interest in the company based on the total number of shares.
To find the price of the stock, we have to find the dividend for each year until they become constant:
$2.50 * 1.08 = $2.70
$2.70 * 1.06 = $2.862
$2.862 * 1.04 = $2.97648
It's seen that a constant rate has been found at 2% so we solve further and solve for P3
P3= $2.97648 * 1.02 / (0.12 - 0.02) = $32.434176
Finally, we find the present value of the stocks
$2.410714 + $2.281352 + $23.069229 = $27.761295
Thus, the present value is given as $27.761295
b. To solve, we have to find the growth rate and this is given as:
g = (D1 / D0) - 1 =
If we input the values, it becomes:
($2.86 / $2.75) - 1 = 0.04 = 4%
Thus, the growth rate is 4%.
To find the price of the stock in the next five years, we use the formula
P5 = D5 * (1 + g) / (r - g)
If we put the values, it becomes:
$3.348846 * 1.04 / (0.117 - 0.04) = $42.656165
Thus, the value after 5 years is $42.656165
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What is the difference between a 3.5 fold and an 8 fold essay?
Answers
A 3.5 fold essay consists of an introduction, three body paragraphs, and a conclusion, while an 8 fold essay expands on the 3.5 fold structure by adding more detail and nuance to each paragraph.
The terms "3.5 fold" and "8 fold" essay refer to different methods of organizing the structure of an essay. A 3.5 fold essay consists of an introduction, three body paragraphs, and a conclusion. The three body paragraphs each have a specific purpose and follow a specific structure: the first paragraph introduces the main idea, the second paragraph supports the main idea with evidence, and the third paragraph provides a conclusion or summary.
On the other hand, an 8 fold essay expands on the 3.5 fold structure by adding more detail and nuance to each paragraph. The introduction and conclusion remain the same, but each body paragraph is broken down into smaller sections that address different aspects of the main idea. This allows for a more thorough exploration of the topic and a more complex argument.
In summary, the main difference between a 3.5 fold and an 8 fold essay is the level of detail and complexity in the organization of the body paragraphs. The 8 fold essay provides a more in-depth exploration of the topic, while the 3.5 fold essay is a simpler and more straightforward structure.
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Interpret the following statement: "An increase in the price of wheat will encourage farmers to
increase the quantity of wheat supplied to the market."
A. The statement is correct.
B. The statement would be correct if "quantity of wheat demanded" were substituted for "quantity of
wheat supplied"
C. The statement is incorrect because it confuses a change in quantity supplied with a change in supply.
D. The statement would be correct if it read that a "decrease in the price of wheat will encourage
farmers to increase the quantity of wheat supplied to the market."
Answers
Answer:
A. The statement is correct.
Explanation:
According to the law of supply, there is a positive or direct relationship between the price of wheat and the quantity of wheat supplied i.e if the price of wheat is increases then the quantity of wheat supplies is also increases and if the price of wheat decreases then the quantity of wheat supplies is also decreases that represents the direct relationship between the price and the quantity supplied
Hence, the first option is correct
a. The August 31 balance shown on the bank statement is $9,799.
b. There is a deposit in transit of $1,247 at August 31.
c. Outstanding checks at August 31 totaled $1,870.
d. Interest credited to the account during August but not recorded on the company's books amounted to $115.
e. A bank charge of $37 for checks was made to the account during August. Although the company was expecting a charge, the amount was not known until the bank statement arrived.
f. In the process of reviewing the canceled checks, it was determined that a check issued to a supplier in payment of accounts payable of $625 had been recorded as a disbursement of $367.
g. The August 31 balance in the general ledger Cash account, before reconciliation, is $9,356.
Required:
Prepare the adjusting journal entry that should be prepared to reflect the reconciling items.
Answers
Answer:
Part a.
No entry
Part b.
Debit : Deposits in Transit $1,247
Credit : Bank Reconciliation Statement $1,247
Increase the Bank Statement Balance
Part c.
Debit : Bank Reconciliation Statement $1,247
Credit : Out Standing Checks $1,870
Decrease the Bank Statement Balance
Part d.
Debit : Cash $115
Credit : Interest received $115
Interest credited in Bank Statement not recorded
Part e.
Debit : Bank Charges $37
Credit : Cash $37
Recording of Bank Charges in the Books
Part f.
Debit : Accounts Payable $258
Credit : Cash $258
Payment to Supplier understated by $258
Part d.
No entry
Explanation:
Corrections and Adjustments may be either to correct the Cash Book or the Bank Statement Balance as above.
2. The text makes it look as if maximizing output is the goal of society.
a. Is maximizing output the goal of society?
b. If the country is a Christian country, should it be?
c. If not, what should it be? (Religious)
Answers
Explanation:
a) Maximizing output might not be the final goal of society, but it is a way of achieving a goal. Society can make a profit by maximizing output. Profit maximization is possible through output maximization. All of the individuals try to maximize their profit. Profit maximization can be done through output maximization. Profit maximization is the goal of a society.
Hence, maximizing output may not be the final goal of a society, but it is a way of achieving the final goal.
With the cost approach to value, what is the reproduction cost?
Answers
Answer:Reproduction Cost- the estimated cost to construct, as of the effective appraisal date, an exact relica of the building being appraised, insofar as possible using the same materials, construction standards, design, layout, and quality of workmanship, including all the deficiencies, super-adequacies
Explanation:
Projected free cash flows should be discounted at the firm's weighted average cost of capital to find the firm’s total corporate value.
Answers
The weighted average cost of capital (WACC) is significant in determining a firm's total corporate value through the discounted cash flow (DCF) method because it represents the required rate of return that investors expect to earn from investing in the firm.
The WACC is a key factor in the DCF method, which is a widely used valuation technique for estimating the value of a business. The DCF method calculates the present value of a company's future cash flows by discounting them back to their present value using the WACC as the discount rate.
The WACC represents the cost of capital for the firm and is calculated by weighting the cost of equity and the cost of debt based on the firm's capital structure. By using the WACC as the discount rate in the DCF method, it helps to account for the risk associated with the firm's financing structure and provides a more accurate estimate of the firm's total corporate value.
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--The complete question is, What is the significance of calculating the weighted average cost of capital in determining a firm's total corporate value through the discounted cash flow method?--
One way in which you lose financially when buying a new car is
