Squat XFit Inc. reported the following activities and select balance sheet items ($ in millions). You may also view this data in Excel with the SquatFix Activities and Balance Sheet file. Select results during the year ending December 31, 2020 Revenue 453.2 Interest expense 12.5 Depreciation expense 43.2
Stock-based compensation 12.5 Tax rate 40% Net income 134.5 Balances as of: 12/31/2019 12/31/2020 Accounts payable 120.5 130.5 Accounts receivable 74.8 82.4 Common Stock & APIC 146.4 163.5
Deferred revenue 453.0 532.0
Inventory 132.6 143.2
Current portion of debt 214.0 275.0
Net PP&E 212.7 246.0
Pre-paid expenses 50.0 35.0
Treasury stock (112.3) (123.2)
Accrued wages 67.8 72.5
Other comprehensive income 12.1 13.5
Calculate cash flow from operations for the year ending 12/31/2020:
a. $204.7 million
b. $250.7 million
c. $271.3 million
d. $280.7 million

Answers

Answer 1

Answer:

b. $250.7 million

Explanation:

Cash flow from operations is obtained from Cash flow from Operating Activity Section when the Indirect Method is used to prepare that section as follows :

Cash flow from Operating Activity

Net income before taxation                           134.50

Adjustment for Non- Cash Items :

Depreciation expense                                     43.20

Adjustment for Working Capital Items :

Increase in Accounts payable                         10.00

Increase in Accounts receivable                     (7.60)

Increase in Inventory                                      (10.60)

Increase in Current portion of debt                61.00

Decrease in Pre-paid expenses                     15.00

Increase in Accrued wages                             4.70

Cash Generated from Operations                250.20


Related Questions

Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:

State of Nature

Decision Alternative

Reject, s1

1 Year, s2

2 Years, s3

Produce pilot, d1

-100

50

150

Sell to competitor, d2

100

100

100

The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:

P(F) = 0.69

P(s1 | F) = 0.09

P(s1 | U) = 0.45

P(U) = 0.31

P(s2 | F) = 0.26

P(s2 | U) = 0.39



P(s3 | F) = 0.65

P(s3 | U) = 0.16



Construct a decision tree for this problem.

What is the recommended decision if the agency opinion is not used? What is the expected value?

Answers

Answer:

To construct the decision tree, we can follow these steps:

1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).

2. Assign the payoffs for each decision alternative under each state of nature.

3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.

4. Assign the probabilities of each state of nature at the chance nodes.

5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.

6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.

Here is the decision tree for this problem:

| Produce pilot (d1)

| -100

|____________

/|\

/ | \

/ | \

/ | \

P(F) = 0.69 / | \ P(U) = 0.31

/ | \

/ | \

/ | \

/ | \

s1 / | \ s2

/ | \

/ | \

/ | \

/ | \

/ | \

50 | F U F | 100

| |

| |

| |

| s3 | s3

| |

150| F | 100

|_______________________________|

If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).

To calculate the expected value:

Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))

= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)

= -6.93 + 8.97 + 66.88

= 68.92

Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))

= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)

= 13.95 + 12.09 + 4.96

= 30

Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.

Which of the following are primary reasons for the popularity of online buying in all three kinds of organizational markets?
reduced buyer order processing costs
timely supplier information
reduced marketing costs

Answers

The answer is reduced buyer order processing costs, timely supplier information and reduced marketing costs are all reasons for the popularity of online buying in all three kinds of organizational markets.

What do you consider to be a market?

The term "market" refers to all of the buyers and sellers in a specific area or region. The region may stand in for the entire world, a few particular states, regions, or even entire cities. The value, cost, and price of goods traded are determined by the forces of supply and demand in the market.

Why is a market definition important?

The evaluation of mergers and the bulk of antitrust cases starts with a market analysis. It seeks to describe the specifics of intercompany competition.

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List the 10 Strategic Points. These should align to one another to create a cohesive study. What is meant by alignment

Answers

Answer: Strategic points are Topic, background, statement, sample and location e.t.c

Explanation:

Alignment could be seen or described as when things add up or line up, or work together to meet a specific or same purpose.

The ten(10) Strategic Points are;

- Topic

- Background of the problem/gap

- Statement

- Sample and location

- Research questions

- Hypothesis

- Methodology and design

- Purpose statement

- Data collection

- Data analysis

What is market environment

Answers

Answer:

The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.

Explanation:

The internal factors relate to the company itself, such as owners, workers, materials, components, etc.

The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.

Which platform is dedicated to Customer Relationship Management (CRM)?

Answers

Salesforce is going to be the answer

when completing the FAFSA, the student is given an EFC number. what does the EFC mean?

Answers

Expected Family Contribution- it’s the index measure of the families financial strength to determine how much financial aide the school will need to provide.

Answer:expected family contribution

Explanation:

Situation
The context you find yourself in is electronics store owner. The name of your store is Electro Hut. As an owner you want to make a profit. You need to price the products you are selling, but need to make sure that overall you have 30% profit, but two of the products you sell require you to sell them for a price set by the manufacture.
The challenge involves dealing with your customers. In order to be the best store in town, you must not over charge. Adding 30% to all the items except the products that you must sell at a price set by the manufacture will ensure you don't price too high.
For the two items that prices are set by the manufacture you need to find the amount of profit that manufacturer are allowing you to make.

Finally, you will need to write a summary paragraph which needs to explain what you did and why you did it.

Answers

Answer:

Try This

Explanation:

Try to find the number of flexable priced products you may sell. for 30% to the profit, you must factor in the total available numbers, and evenly divide the percentage lost to the other products. take 30% of the price you pay for the two regulated products, add that number and you may then divide that amount equaly to the already 30% profit you have factored in with the other items.

a-  amount

B- price

p- necessary profit

c- profit per item

(Ba x.03) = p

p/(a-2)  = c

((2.00 x 4) .30) =

=8.00 x .3  

=2.4

4-2/ 2.4

2/ 2.4

1.2 = c

c should be how much you add to two items, and your done! you have a correct price set for your item that allow you to make 30% profit on all items excluding the two that must be kept at a standard price.

review the 60 Minutes video on Mark Zuckerberg

The person name and their position at the company
Examples of how their leadership style or qualities impact employee performance and morale

Answers

The leader's leadership style has an impact on group performance and goal achievement since it influences employee behavior.

What is leadership about?

A leader's leadership style relates to how he or she directs, motivates, and manages others. A person's leadership style also influences how they strategize and implement plans while keeping stakeholders' expectations and the well-being of the team in mind.

Managers are in charge of guaranteeing team success, fostering a pleasant environment, and solving challenging problems. It motivates people to work harder and see their leaders as more effective.

Effective leadership requires strong communication, inclusiveness, and empowerment, and it has a beneficial effect on morale. A team's morale will rise when communication from the top to the bottom improves under competent leadership.

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what are types of opportunity costs

Answers

Answer:

This distinction gives rise to two types of opportunity cost--explicit and implicit.

1:Explicit Cost: This is an opportunity cost that involves a money payment and usually a market transaction. ...

2:Implicit Cost: This is an opportunity cost that DOES NOT involve a money payment or market transaction.

Answer:

Explicit CostImplicit Cost

Explicit Cost: This  opportunity cost  involves  money payment (and sometimes a market transaction).

Implicit Cost: This  opportunity cost  DOES NOT involves  money payment or a  market transaction.

Explanation:

Roberson Corporation manufactured 30,000 ice chests during September. The variable overhead cost-allocation base is $11.25 per machine-hour. The following variable overhead data pertain to September:
Actual Budgeted
Production 30,000 units 24,000 units
Machine-hours 15,000 hours 10,800 hours
Variable overhead cost per machine-hour: $11.00 $11.25
What is the flexible-budget amount?

Answers

Answer:

$151,875

Explanation:

Calculation for the flexible-budget amount

Using this formula

Flexible-budget amount=Actual Production units×(Budgeted Machine-hours/Budgeted Production units)×Budgeted Variable overhead cost per machine-hour

Let plug in the formula

Flexible-budget amount=30,000 × (10,800/24,000) × $11.25

Flexible-budget amount=30,000×0.45×$11.25

Flexible-budget amount= $151,875

Therefore the Flexible-budget amount is $151,875

Angela Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records.
June 30 Bank Reconciliation

Balance per bank
$14,728

Add: Deposits in transit
3,240

Deduct: Outstanding checks
(4,208

)

Balance per books
$13,760

Month of July Results

Per Bank

Per Books

Balance July 31 $18,199 $19,462
July deposits 9,468 12,224
July checks 8,416 6,522
July note collected (not included in July deposits) 3,156
July bank service charge 32
July NSF check from a customer, returned by the bank (recorded by bank as a charge) 705
Exercise 7-24 Angela Lansbury Company deposits all

Exercise 7-24 Angela Lansbury Company deposits all
Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.
Angela Lansbury Company
Bank Reconciliation
July 31

Deposits in transitOutstanding checksBalance per books, July 31Bank service chargeNSF checkCorrect cash balance, July 31Balance per bank statement, July 31Collection of note

$


LessAdd

:
Deposits in transitUnderstated check for suppliesBalance per books, July 31Collection of noteBank service chargeCorrect cash balance, July 31NSF checkBalance per bank statement, July 31



LessAdd

:
NSF checkBank service chargeCorrect cash balance, July 31Balance per bank statement, July 31Understated check for suppliesBalance per books, July 31Collection of noteOutstanding checks



Deposits in transitBank service chargeBalance per books, July 31Balance per bank statement, July 31Outstanding checksCollection of noteNSF checkCorrect cash balance, July 31

$


Balance per bank statement, July 31NSF checkDeposits in transitBank service chargeCorrect cash balance, July 31Outstanding checksBalance per books, July 31Collection of note

$


AddLess

:
Collection of noteBalance per books, July 31Balance per bank statement, July 31Bank service chargeNSF checkCorrect cash balance, July 31Deposits in transitOutstanding checks



LessAdd

:
Deposits in transit Outstanding checks Correct cash balance, July 31 Balance per bank statement, July 31 Balance per books, July 31 Collection of note Bank service charge NSF check

$


Balance per bank statement, July 31 Bank service charge Deposits in transit Outstanding checks NSF check Balance per books, July 31 Collection of note Correct cash balance, July 31





Balance per bank statement, July 31NSF checkCorrect cash balance, July 31Deposits in transitBank service chargeBalance per books, July 31Outstanding checksCollection of note

$


SHOW LIST OF ACCOUNTS

LINK TO TEXT

Exercise 7-24 Angela Lansbury Company deposits all

Exercise 7-24 Angela Lansbury Company deposits all
Prepare the general journal entry to correct the Cash account. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Account Titles and Explanation

Debit

Credit


Answers

Answer:

a. Adjusted Balance = Adjusted Balance = $21,881.

b. See the journal below.

Explanation:

Note: The actual data needed to answer this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data that are actually needed.

Explanation of the answers is now given as follows:

a. Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.

Angela Lansbury Company

July 30 Bank Reconciliation  

Details                                                                         Amount ($)  

Balance as per bank                                                       18,199  

Add:  

Deposit In transit ($3,240 + $12,224 - $9,468)             5,996

Less:  

Outstanding Checks ($4,208 + $6,522 - $8,416)         (2,314)  

Adjusted Balance                                                           21,881  

Balance as per book                                                      19,462  

Add:  

Note Collected                                                                 3,156  

Less:  

Bank Service charge                                                          (32)

NSf Check                                                                         (705)    

Adjusted Balance                                                           21,881  

b. Prepare the general journal entry to correct the Cash account.

The journal entries will look as follows:

Particulars                             Debit ($)        Credit ($)    

Cash                                         3,156  

Note Collected                                                3,156

(To record note collected by bank.)                                

Bank Service charge                  32  

Cash                                                                    32

(To record Bank Service charge.)                                      

Account Receivable                  705  

NSf Check                                                        705

(To record NSf Check.)                                                      

A snack manufacturer discovers that they must increase the salt content of chips by 14 milligrams before about 50 percent of their consumers notice the change. A clever intern points out that this is an example of:

Answers

Answer:

difference threshold

Explanation:

Difference threshold is use by businesses or effectively reduce cost without affecting their profit margin .

It is the minimum amount of change that is required to make consumers of a product to notice the change 50% of the time.

In the given scenario the snack manufacturer discovers that they must increase the salt content of chips by 14 milligrams before about 50 percent of their consumers notice the change.

explain the concept of delegation of authority​

Answers

Explanation:

Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members

Answer:

In order to meet the targets, the manager should delegate authority. Delegation of Authority means division of authority and powers downwards to the subordinate. Delegation is about entrusting someone else to do parts of your job. Delegation of authority can be defined as subdivision and sub-allocation of powers to the subordinates in order.

Explanation:


Insurance companies create a pool of funds to handle
Orisk
O gain
Oloss
O safety
10

Answers

Answer:

A) risk

Explanation:

An insurance company creates a pool of funds to handle risk. This helps to protect the company financially if there are more claims than expected.

what link-building strategy do search engines implicitly approve?

Answers

The link building strategies that the search engines are known to have to approve of implicitly would be the

Nofollowthe sponored links attributes

What is meant by the link building strategies?

This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.

The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.

The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.

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During April , Cavy Company incurred factory overhead as follows : Indirect materials $11,300 Factory supervision labor 4,000 Utilities 460 Depreciation (factory )660 Small tools 330 Equipment rental 790 Journalize the entry to record the factory overhead incurred during AprilIf an amount box does not require an entry, leave it blank

Answers

Answer:

Date            Account Title                                       Debit          CreditApril             Factory Overhead                           $16,720                    Indirect materials                                                    $10,500                    Wages payable                                                       $4,000                     Utilities payable                                                     $  500                    Accumulated Depreciation                                    $  620                    Small tools                                                               $ 370                     Equipment rental                                                   $ 730

FILL IN THE BLANK The measure of how much profit the firm generates as well as how much profit certain aspects of the firm, including regions, channels, and customer segments contribute is referred to as _______.

Answers

The measure of how much profit the firm generates as well as how much profit-specific aspects of the firm, including regions, channels, and customer segments contribute is referred to as profitability analysis.

When a company is incepted, one of its sole objectives of it is to earn profits. Basically, earning better than you expend is what every business owner wishes for his company. Thus, to evaluate the growth of a business, a detailed analysis of profit is crucial. Analyzing the profits which are fundamentally the money remaining from the capital after deducting all of the overhead costs, will help you maintain a track of your business arrangement. Profitability analysis permits companies to maximize their earnings.

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The law in your state allows an employer to create an
enforceable agreement that restricts an employee's
postemployment activities as long as the restriction is
reasonable in terms of purpose, geographic area, and
duration. Your employer is a dominant force in the
technology industry, an industry that is ever changing at
a rapid pace. As a result, top employees want the flex-
ibility to move from company to company. Of course,
having and keeping top employees is a competitive
advantage. Assume that you are an executive charged
with determining whether your firm will embrace a
postemployment restriction within its contracts of
employment. If you adopt a justice theory approach,
what result might you adopt, and why? If you adopt a
utilitarianism approach, what result might you adopt,
and why?

Answers

Utilitarian theory respects all persons equally without particular regard and assists people in making moral decisions. The utilitarian theory provides a basic technique. According to utilitarian philosophy, humans value all moral terms such as self-sacrifice, justice, and honesty.

There are various philosophies of justice, including utilitarianism, justice as fairness, and libertarianism. Utilitarians were those who supported utilitarian doctrine. With utilitarian theory being one of the theories of justice, the researcher was compelled to investigate how the theory provides justice to people, how it impacts human behaviour, and the issues the theory faces in the present world. Act utilitarians argue that their theory gives compelling grounds to reject many conventional moral statements and substitute them with moral perspectives based on the consequences of actions. People who are persuaded by act utilitarianism's critics may decide to abandon utilitarianism outright and adopt another form of moral theory.

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In a graduated tax system,
a. the tax rate says the same regardless of taxable income.
b. the tax rate gets lower as taxable income gets larger.
c. the tax rate gets higher as taxable income gets smaller.
d. the tax rate gets higher as taxable income gets larger

Answers

Answer:tax rate gets high the more I come

Explanation:

More money earned means more tax return

Need help please, thanks!!!

Need help please, thanks!!!

Answers

The 1990 year net grain output is indicated by a blue bar, which is the minimum for Russia, therefore Russia must import to satisfy its needs; India and China must also buy some grain.

How much grain does Russia export to the rest of the world?

Russia was one of the world's major grain exporters. Russia exported 45.3 million metric tons of grain in the 2019-2020 marketing year, including wheat, barley, and maize. Due to severe weather circumstances, this constituted a little decline from the previous year, but it still accounted for a considerable part of worldwide grain exports. Wheat was the most important contributor to Russia's grain exports, accounting for around 34.5 million metric tons transported overseas. Overall, grain exports from Russia constitute a significant source of revenue for the government and play an essential part in global food security.

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what are the "marketable" characteristics of snails?​

Answers

ANSWER: The major marketable characteristics of snail is it's nutritional value to our body. And the lesson we learn from them, when we feel depressed and anxious.

EXPLANATION: The snail is a very nutritious meat that contains protein, fat and oil, minerals, and vitamins. It protein content is more higher than that of birds egg. The slime from snail helps to treat dehydration, dry skin, stretch marks, damage tissues in the body, and many more. The snail has much value in markets, as it has become a boast to our daily nutritional content.

Some people buy snail, to help them meditate daily or during depression. This helps them to calm down their emotions as they watch the snail, because snail teaches a lesson of patience (in it's movement) and articulation ( in the fast way it responds by retreating into it's shell, when it sense strange signal).

Select the best answer for the question.
4. One component of the agreeableness trait is altruism. Altruism means
O A. the need for personal success and to see others fail.
O B. the desire to help others, or the concern for the welfare of others.
O C. the ability to take and give criticism.
O D. poor self-confidence.

Answers

One component of the agreeableness trait is altruism. Altruism means the desire to help others, or the concern for the welfare of others. The correct option is (B).

What do you mean by an agreeableness?

Trust, frankness, benevolence, compliance, humility, and tender-mindedness are the lower-level characteristics or aspects that makeup agreeableness.

Altruism is characterized by selflessness and care for the well-being of others. Although someone can overdo charity to the detriment of their own personal well-being, this is a commendable attribute.

Therefore, one component of the agreeableness trait is altruism. Altruism means the desire to help others, or the concern for the welfare of others.

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what is Economics in simple terms​

Answers

Answer:

The New York Stock Exchange in New York City, USA. Economics is the social science which studies economic activity: how people make choices to get what they want. It has been defined as "the study of scarcity and choice" and is basically about the choices people make.

Explanation:

can i get brainliest

Initiative means letting your boss define your tasks.

Answers

Answer:

False

Explanation:

1. the ability to assess and initiate things independently.

2. the power or opportunity to act or take charge before others do

Answer:

F

Explanation:

Application of Forensic Accounting Concepts

Complete Case 21 & 28. Refer to the Case in the textbook for detailed instructions.

Answers

Answer:

An essential step in the incident response process is digital forensics. In order for law enforcement to use the information about a criminal incident, forensic investigators must identify and document it.

What is Digital Forensics?

In a court of law, rules and regulations governing this procedure are frequently crucial in demonstrating guilt or innocence. A person who is motivated to follow the trail of evidence and virtually solve a crime is a digital forensics investigator.

In this case, a computer forensic analyst would be called in to assess how attackers got onto the network, how they moved around it, and what they did there, including whether they stole data or installed malware.

In similar situations, a digital forensic investigator's job is to recover information such as documents, images, and emails from computer hard disks and other data storage devices, like zip and flash drives, that has been lost, destroyed, or in some other way altered.

Therefore, An essential step in the incident response process is digital forensics. In order for law enforcement to use the information about a criminal incident, forensic investigators must identify and document it.

Explanation:

If Amelia would like to double her money in twelve years, how much interest does she need to earn O 12 percent O 16.6 percent O 6 percent 10 percent​

Answers

Out of the given answer choices, the interest rate that Amelia needs to earn to double her money in twelve years is 16.6 percent.

To find out how much interest Amelia needs to earn to double her money in twelve years, we need to use the compound interest formula.

This formula is used to determine the future value of an investment based on the principal, the interest rate, the number of compounding periods, and the time involved.
The formula is as follows: FV = PV x (1 + r/n)^(n*t)where FV = future value, PV = present value (the amount of money Amelia currently has), r = annual interest rate, n = number of times the interest is compounded per year, and t = time in years.

To double her money, Amelia needs to have a future value that is twice her present value. Therefore, we can set FV = 2PV and solve for r.

2PV = PV x (1 + r/n)^(n*t)Dividing both sides by PV, we get:2 = (1 + r/n)^(n*t)

Taking the natural logarithm of both sides, we get: ln(2) = ln[(1 + r/n)^(n*t)]

Using the power rule of logarithms, we can simplify the right side of the equation to ln(2) = (n*t) ln(1 + r/n)

Dividing both sides by (n*t), we get:ln(2) / (n*t) = ln(1 + r/n)

Finally, we can solve for r by raising both sides as the power of e: e^(ln(2) / (n*t)) = 1 + r/n

Subtracting 1 from both sides and multiplying by n, we get:r = n x (e^(ln(2) / (n*t)) - 1)

Plugging in the values given, we get:r = n x (e^(ln(2) / (n*12)) - 1)

We don't know the value of n, so we can try each of the answer choices to see which one gives us a value of r that works.

Using a financial calculator or a spreadsheet program like Excel, we can calculate the values of r for each interest rate.

Using 12 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0956 or 9.56 percent

Using 16.6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.1407 or 14.07 percent

Using 6 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0488 or 4.88 percent

Using 10 percent: r = 1 x (e^(ln(2) / (1*12)) - 1) = 0.0794 or 7.94 percent

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Which scenario holds true when a tariff is applied to an imported item? A. both domestic and foreign consumers pay the same price B. domestic consumers of the imported item pay a higher price C. foreign consumers of the imported item pay a higher price D domestic consumers of the imported itern pay a lower price​

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Answer:

i would say b, the domestic pay more.

______contains journal vouchers of past periods for audit trail

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Answer:

Journal voucher history file

imagine an economist makes this statement. "A country such as the u.s can have a large overall GDP, but it is more important to have a high per capita GDP, such as Luxembourg". Explain the rationale behind the economist statement.

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Even though the US might have a higher GDP when compared to Luxemburg, its standard of living would be lower than Luxemburg if A has a higher per capita GDP.

What is per capita GDP?

GDP is an abbreviation for gross domestic product. GDP measures the total sum of final goods and services that is produced in a country in a year.

Per capita GDP is the GDP of a country divided by the population of that country. Standard of living is measured by per capita GDP. The higher the GDP per capita, the higher the standard of living.

Per capita GDP = GDP / population

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Do you agree or disagree with the following statements ? i) A pair is considered to be cointegrated ii) An asset cannot be integrated iii) Integration and cointegration can be used to determine if two assets are suitable for pairs in trading iv) The cointegration order determines the number of times a time series need to be differenced to obtain stationarity. v) The integration order determines the number of times our time series need to be differenced to obtain stationary

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i) A pair is considered to be cointegrated. Agree

ii) An asset cannot be integrated. Disagree

iii) Integration and cointegration can be used to determine if two assets are suitable for pairs in trading. Agree

iv) The cointegration order determines the number of times a time series need to be differenced to obtain stationarity. Disagree

v) The integration order determines the number of times our time series need to be differenced to obtain stationary. Agree

What is cointegration?

Cointegration is simply a useful econometric tool for identifying assets which share a common equilibrium. Cointegrated pairs trading is a trading strategy that attempts to take a profit when cointegrated assets depart from their equilibrium.

Correlation order is the measure of the direction and strength of association that exists between two variables measured on at least an ordinal scale

What is integration?

Integration is a useful tool for the collection of assets to form a whole

The order of integration, of a time series is a summary statistic, that reports the minimum number of differences for obtaining a covariance-stationary series.

Thus, the correlation and integration are very important in determining suitable assets for trading.

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