It is discovered using statistical notions like percentiles and median that:
1. False.
2. The sample consists of 400 families.
3. False.
4. The 50th percentile has a value of 31.2 hours.
5. True
How to find the calculation?When a measure is higher than x% of the other measurements, it is considered to be in the xth percentile.
The 50th percentile is the median.
Observation 1:
The median is 31.2 hours, making 31.2 hours the 50th percentile.
Because the 56th percentile is higher than the 50th percentile and hence exceeds 31.2 hours, assertion 1 is untrue.
Item 2:
In keeping with the 6th percentile, 24 households watched TV for 20 hours or less, or 6% of the sample.
Consequently, the sample size is:
The sample consists of 400 families.
Observation 3:
The average length is 31.2 hours.
As a result, statement 3 is untrue because 0.5(400) = 200 families watched TV for fewer than 31.2 hours.
Item 4:
Since the median is 31.2 hours, the 50th percentile value is also 31.2 hours.
Indication 5:
The median is 20 hours, or 6 percent.
The 25th percentile, or the first quartile, is higher than the 6th percentile.
The assertion is accurate because the first quartile exceeds 20 hours.
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Is rental income debit or credit
Answer:
Debit
Explanation:
Rent Income is recorded by crediting the account. Cash is debited if cash is received. Rent Receivable is debited if it is to be collected at a later date.
10 principles of economics
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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On 12/31/2020, Heaton Industries Inc. reported retained earnings of $225,000 on its balance sheet, and it reported that it had $172,500 of net income during the year. On its previous balance sheet, at 12/31/2019, the company had reported $555,000 of retained earnings. No shares were repurchased during 2020. How much in dividends did Heaton pay during 2020
Answer:
$502,500
Explanation:
Heaton industries incorporation reported retained earnings of $225,000 on 12/31/2020
They also reported a net income of $172,500 during the year
On its previous balance sheet the company reported retained earnings of $555,000
Therefore the amount paid in dividends by Heaton during 2029 can be calculated as follows.
= $555,000+$172,500
= $727,500
$727,500-$225,000
= $502,500
Hence the amount paid in dividends by Heaton corporation during 2020 is $502,500
Using skills, tools, and techniques to help you accomplish goals within a certain amount of time is called:
A. a mental goal
B. a long-term goal
C. a short-term goal
D. time management
D. Time management refers to the process of using skills, tools, and techniques to help individuals or organizations accomplish their goals within a certain timeframe. It involves planning, organizing, prioritizing, and allocating time effectively and efficiently.
Time management is crucial for both personal and professional success. It enables individuals to make the most of their available time, increase productivity, and reduce stress. By setting specific goals and breaking them down into manageable tasks, individuals can create a roadmap for their actions.
Tools and techniques such as creating schedules, using calendars, setting deadlines, and employing productivity apps can further enhance time management efforts.
Effective time management involves analyzing priorities, eliminating time-wasting activities, delegating tasks when possible, and maintaining focus on the most important objectives. It requires self-discipline, effective decision-making, and the ability to adapt and adjust plans as needed.
By mastering time management skills, individuals can achieve their short-term and long-term goals efficiently while maintaining a healthy work-life balance. So, the correct option is D.
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Self esteem is the part of self concept that involves evaluations of ?
Answer:
the mind
Explanation:
answered already
The component of the self-concept known as self-esteem involves assessments of one's own value. Through social engagement, the self-concept grows and changes. Reflected assessment is the practice of reflecting the opinions of those around us.
What is self-esteem?Self-esteem is the belief in one's own abilities or value. Self-esteem includes one's self-perceptions as well as emotional states including joy, anguish, pride, and shame. "The self-concept is just what we think about the self; self-esteem is the positive or negative judgments of the self, as in how we feel about it," wrote Smith and Mackie in 2007.
Being able to predict certain outcomes, such as scholastic success, happiness, marital and romantic fulfillment, and criminal behavior, makes self-esteem an alluring psychological concept. Self-esteem can be applied broadly or to a particular quality. Self-esteem is typically viewed by psychologists as a permanent personality trait, while there are also common, short-term changes.
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what is your analysis on walmart financial health as of january 2021 compare to 2022
In 2008, the United States began to witness one of the worst recessions since the 1930s. The collapse of the housing bubble in 2006 led to a massive decline in real estate prices, affecting consumers and institutions, especially banking and financial entities. Severe liquidity shortfalls in the United States as well as other global markets led to a serious credit crisis. During the credit crisis of 2008–2009, several banks and other businesses went through a reorganization process or were forced to liquidate. Consider the following example:________.
In January 2009, American electronics retailer Circuit City Inc. closed all of its stores and sold all of its merchandise.
The above is an example of:______.
A. Reorganization
B. Liquidation.
Answer:
B. Liquidation.
Explanation:
Liquidation is and aftermath of the inability of a company or establishment to meet up with her obligations at the required moment. Thus, the company folds-up, lay off her staff and stop operating. While reorganization is a form of restructuring in a company or establishment. It may involve change of positions and duties among capable staff.
The example in the given scenario is that of liquidation because it ceased from operation.
t 3 Lab Learning Activity
K
Marcus Richardson
HW Score: 0%, 0 of 4 points
O Points: 0 of 1
11/03/22 7:32 PM
Question 1, P4-4 (similar to)
(Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,505,600 in current assets and $864,000 in current liabilities. The company's managers want to
increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.1
$6,28,363 the firm increase its inventory without its current ratio falling below 2.1
Current ratio = Current asset / current liability
Increasing inventory would increase the current asset.
We assume the additional inventory = L
So new current asset = L + $2,505,600
New current liability = L + $864,000
So, L + $2,505,600÷ L + $864,000 = 2.1
By solving L we get, L= $6,28,363
In other words, assets are items that provide a financial benefit to a company, such as inventory, buildings, equipment, and cash. They aid a company's ability to manufacture goods or provide services both now and in the future. A company's liabilities are its obligations—either money owed or services not yet performed.
Liabilities are the debts owed by a company to third-party creditors. Accounts payable may include notes payable and bank debt. Businesses take on debt in order to expand faster. A company's stability is determined by the balance of its debts and assets
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Amazon.com, Inc., headquartered in Seattle, WA, started its electronic commerce business in 1995 and expanded rapidly. The following transactions occurred during a recent year (dollars in millions):
1. Issued stock for $623 cash (example).
2. Purchased equipment costing $6,320, paying $4,893 in cash and charging the rest on account.
3. Paid $5,000 in principal and $300 in interest expense on long-term debt.
4. Earned $177,866 in sales revenue; collected $123,949 in cash with the customers owing the rest on their Amazon credit card account.
5. Incurred $25,249 in shipping expenses, all on credit.
6. Paid $118,241 cash on accounts owed to suppliers.
7. Incurred $10,069 in marketing expenses; paid cash.
8. Collected $38,200 in cash from customers paying on their Amazon credit card account.
9. Borrowed $16,231 in cash as long-term debt.
10. Used inventory costing $111,934 when sold to customers.
11. Paid $830 in income tax recorded as an expense in the prior year.
Required:
For each of the transactions, complete the tabulation, indicating the effect (positive value for increase, negative value for decrease, and leave blank if no effect) of each transaction.
Answer:
1. Issued stock for $623 cash
Assets increase by $623
Stockholders' equity increase by $623
2. Purchased equipment costing $6,320, paying $4,893 in cash and charging the rest on account.
Assets increase by $6,320 (equipment)
Assets decrease by $4,893 (cash)
So assets net increase by $1,427
Liabilities increase by $1,427 (the amount that was paid on account)
3. Paid $5,000 in principal and $300 in interest expense on long-term debt.
Liabilities decrease by $5,300
4. Earned $177,866 in sales revenue; collected $123,949 in cash with the customers owing the rest on their Amazon credit card account.
Revenue increases by $177,886.
Assets increase by $177,886
5. Incurred $25,249 in shipping expenses, all on credit.
Expenses increase by $25,249
Liabilities increase by $25,249
6. Paid $118,241 cash on accounts owed to suppliers.
Assets decrease by $118,241
Liabilities decrease by $118,241
7. Incurred $10,069 in marketing expenses; paid cash.
Expenses increase by $10,069
Assets decrease by $10,069
8. Collected $38,200 in cash from customers paying on their Amazon credit card account.
Assets increase by $38,200
9. Borrowed $16,231 in cash as long-term debt.
Assets increase by $16,231
Liabilities increase by $16,231
10. Used inventory costing $111,934 when sold to customers.
Assets decrease by $111,934
11. Paid $830 in income tax recorded as an expense in the prior year.
Liabilities decrease by $830
1.
Assets increase by $623
Stockholders' equity increase by $623
2.
Assets increase by $6,320 (equipment)
Assets decrease by $4,893 (cash)
So assets net increase by $1,427
Liabilities increase by $1,427
3.
Liabilities decrease by $5,300
4.
Revenue increases by $177,886.
Assets increase by $177,886
5.
Expenses increase by $25,249
Liabilities increase by $25,249
6.
Assets decrease by $118,241
Liabilities decrease by $118,241
7.
Expenses increase by $10,069
Assets decrease by $10,069
8.
Assets increase by $38,200
9.
Assets increase by $16,231
Liabilities increase by $16,231
10.
Assets decrease by $111,934
11.
Liabilities decrease by $830
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Revenue is:
A. the amount of money a company has left over after paying bills
B. The amount of money a company pays its employees.
C. The amount of money a company makes from sales.
D. the amount of taxes a company has to pay.
Answer: C. The amount of money a company makes from sales.
Explanation:
This is revenue by definition.
Karla Tanner opens a web consulting business called Linkworks and recorded the following transactions in its first month of operations.
Apr. 1 Tanner invests $80,000 cash along with office equipment valued at $26,000 in the company in exchange for common stock.
Apr. 2 The company prepaid $9,000 cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts.
Apr. 3 The company made credit purchases for $8,000 in office equipment and $3,600 in office supplies. Payment is due within 10 days.
Apr. 6 The company completed services for a client and immediately received $4,000 cash.
Apr. 9 The company completed a $6,000 project for a client, who must pay within 30 days.
Apr. 13 The company paid $11,600 cash to settle the account payable created on April 3.
Apr. 19 The company paid $2,400 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts.
Apr. 22 The company received $4,400 cash as partial payment for the work completed on April 9.
Apr. 25 The company completed work for another client for $2,890 on credit.
Apr. 28 The company paid $5,500 cash in dividends.
Apr. 29 The company purchased $600 of additional office supplies on credit.
Apr. 30 The company paid $435 cash for this month's utility bill.
Descriptions of items that require adjusting entries on April 30, 2015, follow.
a) On April 2, the company prepaid $9,000 cash for twelve months' rent for office space.
b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy; the policy's coverage began on April 1.
c) Office supplies on hand as of April 30 total $1,200.
d) Straight-line depreciation of office equipment, based on a 5-year life and a $4,000 salvage value, is $500 per month.
e) The company has completed work for a client, but has not yet billed the $1,800 fee.
f) Wages due to employees, but not yet paid, as of April 30 total $2,600.
Use the 3-step adjusting entry process to prepare the adjusting entry necessary to correctly report the revenue earned or the expense incurred:
Step 1: Determine what the current account balance equals (See General Ledger tab)
Step 2: Determine what the current account balance should equal.
Step 3: Prepare an adjusting entry to get from Step 1 to Step 2.
Generally Accepted Accounting Principles (GAAP):
The GAAP is a blend of recommendations from government bodies and widely accepted accounting principles for reporting information. It promotes openness in the exchange of economic data and makes clear and consistent financial reporting possible across organizations.
Answer:
a) On April 2, the company prepaid $9,000 cash for twelve months' rent for office space.
Step 1:
Prepaid rent $9,000
Step 2:
Prepaid rent $9,000 - $750 = $8,250
Step 3:
Dr Rent expense 750
Cr Prepaid rent 750
b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy; the policy's coverage began on April 1.
Step 1:
Prepaid insurance $2,400
Step 2:
Prepaid rent $2,400 - $200 = $2,200
Step 3:
Dr Insurance expense 200
Cr Prepaid expenses 200
c) Office supplies on hand as of April 30 total $1,200.
Step 1:
Office supplies $3,600 + $600 = $4,200
Step 2:
Office supplies $4,200 - $3,000 = $1,200
Step 3:
Dr Office supplies expense 3,000
Cr Office supplies 3,000
d) Straight-line depreciation of office equipment, based on a 5-year life and a $4,000 salvage value, is $500 per month.
Step 1:
Office equipment $26,000 + $8,000 = $34,000
Step 2:
Office supplies $34,000 - $500 = $33,500
Step 3:
Dr Depreciation expense 500
Cr Accumulated depreciation - equipment 500
e) The company has completed work for a client, but has not yet billed the $1,800 fee.
Step 1:
Service revenue $4,000 + $6,000 + $2,890 = $12,890
Step 2:
Service revenue $12,890 + $1,800 = $14,690
Step 3:
Dr Accrued receivable 1,800
Cr Service revenue 1,800
f) Wages due to employees, but not yet paid, as of April 30 total $2,600.
Step 1:
Wages expense $0
Step 2:
Wages expense $0 + $2,600 = $2,600
Step 3:
Dr Wages expense 2,600
Cr Wages payable 2,600
explain two strategy that can be used to mitigate against this economic challenge
Answer:
solo 1 :(
Explanation:Esto depende de las circunstancias de cada país, pero incluyen aplazar el pago de impuestos, otorgar subsidios salariales y transferencias monetarias a los grupos más vulnerables; ampliar el seguro de desempleo y la asistencia social, y ajustar temporalmente las garantías de crédito y las condiciones de los préstamos
Organizations refers to _____. demographics communication competition possible customers
Answer:
Organizations refers to demographics
Explanation:
do some countries benefit more than others from globalization?
Answer:
Globalization has benefited an emerging "global middle class," primarily people in China, India, Indonesia, and Brazil, as well as the world's top 1%. People at the bottom of the income scale, and the lower-middle class in rich countries, suffered.
Explanation:
A reporting relationship in which an employee receives orders from, and reports to only one supervisor is known as:
Answer:
According to the concept of unity of command, each level of the organizational hierarchy has only one supervisor who is responsible for each employee. This holds true even if a collection of individuals leads the organization's top. Consider being the CEO of a Silicon Valley-based technology company as an illustration. While the board of directors of your company oversees policy-making and strategic planning, you solely report to the chairman of the board in accordance with the unity of command principle. however, have a supervisor for your unit who reports to her department manager. The vice president of operations, who reports to the CEO, is the department manager's superior. The board of directors' chairman is the CEO's subordinate.
Answer:
unity of command
Explanation:
Being accountable and answerable to more than one supervisor is never liked by the employees. Unity of Command is the one business management theory that resolves this issue.
According to the Principle of Unity of Command, there shouldn’t be a group of supervisors for a single subordinate or a single team working for a company.
For example, the HR team of a company will have just one supervising head instead of two or three to have an orderly set up in the work atmosphere. With the help of the Unity of Command principle, there is a proper hierarchy that is set in the company.
In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. The equilibrium quantity in the market for widgets is 250 per month when there is no tax. Then a tax of $6 per widget is imposed. As a result, the government is able to raise $750 per month in tax revenue. We can conclude that the after-tax quantity of widgets is
125 per month, Taxation primarily serves the function of raising money for government spending, while it can also be used for other things.
What is a government-imposed tax?any tax or other obligation that a government imposes on people or organisations and has the legal right to collect. However, generally speaking, this word does not apply to payments charged in exchange for the provision of specific products or services (e.g., bridge tolls or sanitation fees).
How come taxes are levied?Charges are levied by governments against its people and enterprises to generate cash that is then used to fund their spending priorities. This entails funding governmental and public initiatives as well as improving the nation's business climate to promote economic growth.
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how do u get arrested
Answer:
breaking the laws that's one way to get arrested, if that's what you are asking lol
Answer:
Basically anything that interferes with the law or disturbs peace
Explanation:
1)hurt someone.
2)Spray paint.
3)Punch someone.
4)Fight with officer.
5)Get out of control at school.
6)Get in a fight.
7)Steal a car.
8)Sell drugs.
9)Hit a police car and drive off.
10)Threaten to hurt yourself.
etc
how is the aggregate supply curve for the economy related to the supply curves of individual producers?
Answer:
The aggregate supply curve depicts the quantity of real GDP that is supplied by the economy at different price levels. Increases in the price level will increase the price that producers can get for their products and thus induce more output. ...
Factors of production are the parts of the economy that:
O A. protect consumers during difficult economic times
O B. prevent the government from interfering with the economy.
O C. are necessary for creating goods and services.
D. measure the health of an economy at any time.
SUBM
Factors of production are the parts of the economy that Option C. are necessary for creating goods and services.
Factors of production are the essential elements that contribute to the creation of goods and services within an economy. Factors of production are necessary for creating goods and services.
These factors include land, labor, capital, and entrepreneurship. Land refers to the natural resources used in production, such as water, minerals, and fertile soil. Labor involves the human effort and skills applied to produce goods and services. Capital includes the tools, machinery, and infrastructure required for production, while entrepreneurship involves the innovation, risk-taking, and management skills necessary to organize and operate a business.
Together, these factors of production work in harmony to transform raw materials into goods and services that can be consumed by individuals, businesses, and governments. The efficiency and effectiveness of these factors determine the overall productivity of an economy, as well as its ability to grow and generate wealth.
In summary, factors of production are essential components of an economy that enable the creation of goods and services. By utilizing land, labor, capital, and entrepreneurship, societies can generate valuable products and services that contribute to economic growth and improved standards of living. Therefore, the correct option is C.
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Young Manufacturing uses the sum-of-the-years-digits method of depreciation. A piece of
heavy equipment costing $37,500 has an estimated life of five years and an estimated scrap
value of $2,700.
Refer to Young Manufacturing. Compute the amount of depreciation taken in the third year.
If Young Manufacturing uses the sum-of-the-years-digits method of depreciation. the amount of depreciation taken in the third year is $4640.
How to find the depreciation?Total years of useful life = 1 + 2 + 3 + 4 + 5
Total years of useful life = 15
Sum of digits = 1 + 2 + 3 + 4 + 5
Sum of digits = 15
Fraction of depreciation = Remaining years of useful life / Sum of digits
Fraction of depreciation = (5 - 3) / 15
Fraction of depreciation = 2 / 15
Depreciation expense = Total depreciable cost x Fraction of depreciation
Depreciation expense = (Cost - Scrap value) x Fraction of depreciation
Depreciation expense = ($37,500 - $2,700) x (2 / 15)
Depreciation expense = $4,640
Therefore the depreciation $4,640.
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what step in the rational decision-making process involves assessing what worked and did not work about the process and solution
The step in the rational decision-making process which involves assessing what worked and did not work about the process and solution is defining the problem.
What is rational decision-making process?Rational decision can be described as the opposite of intuitive decision making.
It can be described as the strict procedure utilizing objective knowledge and logic and this also involves identifying the problem to solve, it hence The step in the rational decision-making process which involves assessing what worked and did not work about the process and solution is defining the problem.
In conclusion, Decision making serves as the process that involves consideration of choices through the identification of a decision.
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Answer:
the last step
Explanation:
“Bubbly Burst, the healthy fun chew.” This was the popular promotion for the leading chewing gum on the market. The parent company for the item, Confectionary Plus, had incorporated a variety of promotional tools to build brand awareness over the years. Besides its range of exotic flavors, the company boasted the reduced sugar content of its products. The company also often included in its ads that “sharp” persons consumed the gum when they needed a healthy boost. The ads were also tailored to appeal to kids with similar messages and was well distributed in schools and vending machines. After three years of such promotion, the product was now a regular staple in the lunch bag of kids as well as in the pockets of most adults.
The success was largely due to the leadership of Peter Hinds, CEO of Confectionary Plus. Hinds was the brainchild behind the marketing and advertising thrusts. Company shareholders were well pleased with his overall results. Behind the scenes though there was a lot going on in the company. While the product did indeed have a reduced sugar content, the artificial sweetener used in the gum had been found to have potentially carcinogenic properties. While there was no conclusive proof of the danger of the product, the company had not approved full evaluation of the ingredient. Besides the potential consumer impact of the sweetener, there were also concerns by Chief Food Technologist, Dr. Marie Mohit that the addition of the ingredient in the production process resulted in a chemical reaction which often affected the respiratory system of a number of workers.
These issues did reach the ears of Hinds who was quite worker oriented. He engaged Dr. Mohit to undertake research on the issue. Generally, workers were not aware of the potential harm. They simply assumed that the respiratory issues were largely due to the general prevalence of “savanna dust” in the environment. Mohit was reluctant to directly research the issue since she had recently discovered that she was pregnant and felt that the material could negatively affect her unborn fetus. She therefore preferred to contract an external party to undertake the research. However, Hinds was adamant that involving an external party would potentially make the issue public and create challenges for the company. For now, he proposed that the workers could be provided with some surgical masks but not be advised of the danger.
The decision of the CEO on the testing issue did not sit well with Mohit. She outright felt that she should not put herself in potential harm. For some time she considered her options and eventually determined that her best option would be to go above the CEO to the company Chairman, Mr. Dan Blake. Blake was often a visitor to various departments but never directly engaged staff on work activity. Nonetheless, he was seen as friendly and would pay compliments to staff as he passed by. Mohit decided that she would engage Blake one afternoon in the car park.
In raising the issue with Blake, she provided documentation on the situation and was confident of getting a positive result. Mohit was pleased when Blake indicated that he would seriously consider the comments and suggestions. However, when he indicated that her proposal may be better considered over an evening of dinner and drinks, she became appalled. Mohit indicated that she would be unable to acquiesce, to which Blake calmly advised that she may have to therefore be prepared to do her job. Mohit made another attempt the next week and received a similar reaction. This time, Blake reminded Mohit that she should consider that her contract was up for renewal later in the year and her lack of ‘social skills’ may be a determinant in the renewal. Mohit felt that she had exhausted her options and the company seemed to have no other mechanism to address the two challenges that were now before her.
As Mohit sat at her desk one evening, she received an email from a reporter at the Daily Protector, a major national newspaper. The reporter indicated that there was an interest in speaking to her on some product issues. On reading the email, she began to wonder whether this email was another option for her to have the issues addressed.
QUESTIONS
1. a) Based on the case, are there any potentially ‘harmful’ effects of the advertising done by ‘Bubbly’?
b) Discuss the subject of the harmful nature of advertising and include other examples from the media to support your response.
What function do regulations like the General Data Protection Regulation (GDPR)
serve?
Answer:
This regulation is called the EU General Data Protection Regulation or GDPR, and is aimed at guiding and regulating the way companies across the world will handle their customers' personal information and creating strengthened and unified data protection for all individuals within the EU.
Explanation:
Natalia needs to create a subreport to provide information about suppliers for a particular category of item in a table. What should she do?
Choose from a list.
Define a list.
Show suppliers for each record using foreign/primary key relationship.
Create a data report that shows the entire list of suppliers.
Answer:
C
Explanation:
Just took it
Answer:
Show suppliers for each record using foreign/primary key relationship.
Explanation:
The service sector is important for all of the following reasons EXCEPT Select one: A. services make an important contribution to the GDP in most countries (b). services provide jobs (c). trade in services can provide traditional and new export opportunities (d. )services produce many types of goods
Answer:
Answer letter C.
Trade in service can provide traditional and new export opportunities
The service sector is important for all of the following reasons except services produce many types of goods. Thus, option 'D' is the correct option.
Why service sector is important?The third layer of the three-sector economy is the service sector, commonly referred to as the tertiary sector. This industry produces maintenance and repairs, training, or consultancy instead of products. Jobs in the service industry include education, nursing, housekeeping, and tours.
Contrarily, those who work in the manufacturing or industrial sectors create physical products like clothing, equipment, and automobiles. After manufacturing and the production of raw materials, the service sector makes up the third sector of the economy.
From office cleaning to rock concerts to brain surgery, the service industry offers a vast range of both real and intangible services. In terms of value-added, the service sector is the largest in the world economy and is particularly significant in more developed nations.
Therefore, option 'D" (services produce many types of goods) is the correct statement.
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PE and Terminal Stock Price [LO2] In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five years or so, then find the "terminal" stock price using a benchmark PE ratio. Suppose a company just paid a dividend of $1.15. The dividends are expected to grow at 20 percent over the next five years. In five years, the estimated payout ratio is 40 percent and the benchmark PE ratio is 21. What is the target stock price in five years? What is the stock price today assuming a required return of 12 percent on this stock?
Answer:
$150.15
$92.31
Explanation:
Target stock price in year 5 = Earnings per share in year 5 x benchmark PE ratio
Earnings per share in year 5 = dividends per share in year 5/ pay-out ratio
Dividend in year 1 = $1.15 x 1.20 = $1.38
Dividend in year 2 = $ 1.15 x 1.20^2 = $1.66
Dividend in year 3 = $1.15 x 1.20^3 = $1.99
Dividend in year 4 = $1.15 x 1.20^4 = $2.38
Dividend in year 5 = $1.15 x 1.20^5 = $2.86
$2.86 / 0.4 = $7.15
$7.15 x 21 = $150.15
b. the stock price today can be found by finding the present value of the dividends
Present value can be found using a financial calculator
Earnings per share in year 5 = dividends per share in year 5/ pay-out ratio
Dividend in year 1 = $1.15 x 1.20 = $1.38
Dividend in year 2 = $ 1.15 x 1.20^2 = $1.66
Dividend in year 3 = $1.15 x 1.20^3 = $1.99
Dividend in year 4 = $1.15 x 1.20^4 = $2.38
Dividend in year 5 = $1.15 x 1.20^5 = $2.86
Stock price in year 5 = $150.15
i = 12%
Stock price (present value) = $92.31
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Why did Steve and Vic focused on smaller cities rather than Silicon Valley
Arrange strategic planning analysis in correct order.
Business Planning
Corporate Planning
Product Planning
Division Planning
Marina (33) will use the single filing status. She itemized deductions in 2020. She plans to itemize for 2021. For her plan to itemize deductions to be the most beneficial her itemized deductions should exceed a threshold amount of:
A. $12,400
B. $12,500
C. $13,900
D. $18,800
Based on the single filling status of Marina, and current tax laws on itemized deductions, for Marina's itemized deductions to be beneficial, they should exceed a threshold of B. $12,500.
How to find the most beneficial itemized deductions?Tax laws are such that if the expenses you wish to deduct as itemized deductions are more than the standard deduction, then you should itemize your deductions.
What this means is that for Marina's plan to itemize deductions to be successful, she needs to have less itemized deductions than the standard deduction for those who are married and filing single. But, this amount should be as close as possible to the standard deduction.
In 2021, the standard deduction for those filing single was $12,550. This is as opposed to $18,800 for Heads of Households. The advantageous itemized deductions that Marina should exceed therefore, is $12, 500.
Find out more on itemized deductions at https://brainly.com/question/3598381
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A physician unfairly bills a patient. What tort violation is this?
A.
negligence
B.
abuse
C.
assault
D.
battery
E.
malpractice