Two new variables, the market value of the firm (a measure of firm size, in millions of dollars) and stock return (a measure of firm performance, in percentage points), are added to the regression: ModifyingAbove ln (Earnings )with caret equals 3.86 minus 0.28 Female plus 0.37 ln (MarketValue )plus 0.004 Return(Earnings)=3.86−0.28Female+0.37ln(MarketValue)+0.004Return, (0.030.03) (0.040.04) (0.0040.004) (0.0030.003) n = 46,670, Upper R overbar squared R2 = 0.345. If MarketValue increases by 4.644.64%, what is the increase in earnings
Answers
Answer:
Explanation:
If Market Value increases by 4.64%, then earnings increase by:
㏑(Earnings) = 0.37 × ㏑(4.64)
= 0.37 × 1.534714
Earnings = Exp (0.56784418)
= 1.76%
If Market Value increases by 4.64%, earnings increase by 1.76%
Related Questions
74. When a company issues shares at a
premium the amount of premium should
be received by the company:
(1 Point)
O Along with application money
Along with allotment money
Along with calls
Along with any of the above
Answers
Answer:
Along with any of the above
Explanation:
The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.
Hence, the book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.
In the financial markets, when a company issues shares at a premium the amount of premium should be received by the company;
I. Along with application money
II. Along with allotment money
III. Along with calls
PLs, HELP URGENT! Will give brainiest for a proper answer!
Answers
Answer:
D. Has more money for research and development
Explanation:
Answer:
d
Explanation:
. Define corporate-level strategy. What are the different levels of diversification firms
can pursue by using different corporate-level strategies?
Answers
Answer:
Tipos de diversificación empresarial
Explanation:
°Inversión propia. Constituye la fórmula de diversificación más seguida, puesto que supone echar mano de los recursos propios a la hora de intentar conquistar nuevos espacios productivos y clientes.
°Adquisición total o parcial de una empresa.
°Diversificación relacionada.
°Diversificación no relacionada.
if the natural rate of unemployment is 5%, what is the total rate of unemployment if output is 2% below potencial output?
Answers
Ride-sharing services like Uber may resort to higher prices during peak times in the hope of increasing revenue on the assumption that consumer demand is: 1) very sensitive to price changes. 2) price-inelastic. 3) always unit elastic. 4) price-elastic.
Answers
This is due to the price elastic nature between Uber services and their prices. A correct option is option (4).
The relationship between the percentage change in a product's quantity sought after and the percentage change in price is known as price elasticity of demand. It helps economists comprehend how demand and supply shift in response to price changes for a particular commodity.
Unitary, inelastic, and elastic categories can be used to categorize demand. A price shift causes an elastic demand to drastically alter the quantity demanded. When the amount wanted does not change much as a result of a price adjustment, demand is said to be inelastic.
How price elasticity can be applied to enhance revenue or profit in simple scenarios is good. It's bad How price elasticity is typically not approximated with the level of accuracy needed to be relevant for pricing.
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A property title search firm is contemplating using online software to increase the productivity of the researcher performing the search. Currently, an average of 59 minutes is needed to do a title search. The researcher cost is $1.30 per minute. Clients are charged a fee of $400. Company A’s software would reduce the average search time by 16 minutes, at a cost of $3.60 per search. Company B’s software would reduce the average search time by 17 minutes at a cost of $5.60 per search.Which would have the higher productivity in terms of revenue per dollar of input?
Answers
Answer:
PRESENT= $5.21
COMPANY – A = $6.72
COMPANY – B= $6.64
Explanation:
Calculation for the higher productivity in terms of revenue per dollar of input
PRESENT
Average time =59 minutes
Cost=59 minutes x$1.30 per minute
Cost = $76.7
Productivity (per $input)=$400/$76.7
Productivity (per $input)= $5.21
COMPANY – A
Average time= (59 minutes-16 minutes)
Average time=43 minutes
Cost= 43 minutes x $1.30 per minute + $3.60
Cost=$55. 9+$3.60
= $59.50
Productivity (per $input)=$400/$59.50
Productivity (per $input) = $6.72
COMPANY – B
Average time= (59 minutes - 17 minutes)
Average time=42 minutes
Cost= 42 minutes x $1.30 per minute + $5.60
Cost=$54. 6+$5.60
= $60.20
Productivity (per $input)=$400/$60.20
Productivity (per $input) = $6.64
Summary
PRESENT:Productivity (per $input)= $5.21
COMPANY – A:Productivity (per $input) = $6.72
COMPANY – B:Productivity (per $input) = $6.64
Therefore COMPANY – A with the amount of $6.72 would have the higher productivity in terms of revenue per dollar of input because it has the highest amount.
Suppose that applying for membership in the European Monetary Union (EMU) is expensive, so three hypothetical countries, Baltia, Polsha, and Atlantida, have come to you with their relevant data and want advice on if they should apply to join the EMU. Suppose that the average inflation rate of the three European countries with the lowest inflation rates is 3.0%, and the average long-term interest rate of those countries is 3.2%.
Evaluate the characteristics of Baltia, Polsha, and Atlantida presented in the following table using the Maastricht convergence criteria. Then, complete the bottom row by identifying whether each country is eligible to become an EMU member.
Criteria Baltia Polsha Atlantida
Inflation 4.5% 4.0% 4.1%
Long-term interest rates 5.0% 4.0% 3.0%
Exchange rates Last devaluated three years ago Stable Stable
Budget deficit 2.4% of GDP 3% of GDP 2.1% of GDP
Debt outstanding 45% of GDP 45% of GDP 46% of GDP
Qualifies to enter the EMU ? ? ?
Answers
Answer:
European Monetary Union Membership
All three countries are eligible to enter into the European Monetary Union, having met all the Maastricht convergence criteria.
Note that Baltia devalued its currency in the last three years and not two as set by the exchange rate criterion.
Explanation:
a) Maastricht convergence criteria are:
1. Price stability: the inflation rate not more than 1.5 point of average best three.
2. Deficit not more than 3% of GDP.
3. Government debt must not exceed 60% of GDP.
4. Exchange rate: No currency devaluation in last two years.
5. Long-term interest rates: not more than 2% higher than those of the three best performing Member states in terms of price stability.
b) The Maastricht Convergence Criteria Performances:
Criteria Baltia Polsha Atlantida
Inflation 4.5% 4.0% 4.1%
Long-term interest rates 5.0% 4.0% 3.0%
Exchange rates Last devalued Stable Stable
3 years ago
Budget deficit 2.4% of GDP 3% of GDP 2.1% of GDP
Debt outstanding 45% of GDP 45% of GDP 46% of GDP
Qualifies to enter
the EMU ? ? ?
c) The Maastricht Convergence Criteria Matching:
Criteria Baltia Polsha Atlantida Decision
Inflation 4.5% 4.0% 4.1%
Lowest EU inflation rates 3.0% 3.0% 3.0%
Difference 1.5 1.0 1.1 Met
Maastricht criteria 1.5 1.5 1.5
Long-term interest rates 5.0% 4.0% 3.0%
Highest EU rates 3.2% 3.2% 3.2%
Difference 1.8 0.8 -0.2 Met
Maastricht criteria 2% 2% 2%
Exchange rates Last devalued Stable Stable Met
3 years ago
Budget deficit 2.4% of GDP 3% of GDP 2.1% of GDP
Maastricht criteria 3% of GDP 3% of GDP 3% of GDP Met
Debt outstanding 45% of GDP 45% of GDP 46% of GDP
Maastricht criteria 60% of GDP 60% of GDP 60% of GDP Met
Qualifies to enter
the EMU YES YES YES
An electronics store wants to clear the warehouse of all television models
that producers are updating. It decides to begin offering a sale price of 40%
off. What is the sale price in dollars for a model with a list price of $1,000?
A. $400
B. $40
C. $600
D. $1,400
Answers
Answer:
$600
Explanation:
just took the test
$600 is the sale price in dollars for a model with a list price of $1,000.
What is a list price?The list cost of a good, sometimes referred to as the big manufacturers retail price, advised pricing, or proposed wholesale price, is the amount that the producer theoretically advises that a retailer sell it for.
The pricing is the advertised price at which a product is made available for purchase throughout a single segment, such as a display, a retail store, a lending library, or a web for a retailer, wholesaler, or importer.
A sale price of 40% off.
This suggests that the proc that will be applied will be 100 - 40 = 60
a list price of $1,000 is given
Therefore the price will be at 1000 * 60%
= $600
The merchant or shopkeeper determines the list price or MSRP in response to shifts in the regional marketplaces.
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5
Сл
Which phrase BEST describes the process of specialization?
OA.
identifying trends
OB.
segmenting tasks
O C. creating teams
OD. charting organizations
Reset
Next
Answers
Segmenting Tasks describes specialization the best
What is Specialization?
The method in which a production process is separated into phases, with each employee or company focusing on just one part of the production is known as specialization. When people and organizations specialize, they concentrate on the small number of productive tasks that they excel in.
Specialization is the degree to which activities or tasks in an organization are broken down and divided into individual jobs.
Through specialization, a worker can leverage their education and work history to speed up procedures and boost sales. High-quality work results from specialization.
What is Segmenting Tasks?
The process of segmenting a target market into groups of potential clients with similar requirements and behaviors involves dividing the market into segments.
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Which kind of businesses are under threat due to the ability to create fake identities and steal credit card numbers and personal data?
The ability to create fake identities and steal credit card numbers and personal data has made ________ a dangerous area for businesses.
Answers
Answer:
theft
Explanation:
I believe that's right
Answer:
e-commerce
Explanation:
got it right on plato
Gladstone Co. has expected sales of $326,000 for the upcoming month and its monthly break even sales are $300,000. What is the margin of safety as a percent of sales, rounded to the nearest whole percent
Answers
Answer:
8%
Explanation:
Margin of safety can be described as the level sales can fall to before a firm reaches its break-even point.
Margin of safety = \(\frac{expected sales - breakeven sales}{expected sales} x 100\)
[(326,000 - 300,000) / 326,000] x 100 = 0.0797 = 8%
Return on Invested Capital (ROIC) is a profitability ratio that measures how effective the firm is at generating a return for investors who have provided capital (bondholders and stockholders). The ROIC calculation answers three questions: How tax efficient is the firm? How effective are the firm’s operations? How intensively does the firm use capital? Comparing the answers to these questions between firms can help you understand why one firm is more profitable than another and where that profitability is coming from.
In the following, Apple’s ROIC is compared to Blackberry’s. The income statement and balance sheet are provided for both firms. While the ROIC calculation for Blackberry is completed below, you have to complete the calculation for Apple by supplying the correct income statement and balance sheet information. As you fill in this information, the components of Apple’s ROIC will be
calculated along with some supporting ratios. Use these subcomponents and supporting ratios to compare Apple and Blacberry’s performance. Where does Apple’s advantage come from?
This activity demonstrates the calculation of ROIC and the comparison of firm performance, supporting Learning Objective 5-1 and 5-2.
Instructions
Use the income statement and balance sheet information for Apple to fill in the missing items in the calculation of Apple’s ROIC and supporting ratios. Once filled in correctly, compare Apple’s performance to that of Blackberry. Where does Apple have an advantage? Where does Blackberry have an advantage?
Apple, Inc. Blackberry
Income Statement YE Sept 2012 YE Mar 2012
Net sales 156,508
Cost of sales 87,846
Gross margin
Research & development expense 3,381
Selling, general & admin expense 10,040
other operating 0
Total operating expenses
Operating margin
Interest & dividend income 0
Interest expense 0
Other Income / Expense 522
Total Other income
Earnings before taxes
Provision for taxes 14,030
Net income (loss)
Short-term marketable securities
Components 0 Inventories 791 Total current assets
Long-term marketable securities
Other assets
18,423
11,848
1,559
2,600
930
0
0
21
354
Balance sheet YE Sept 2014 YE Mar 30 2012
Cash & cash equivalents 10,746 247
Accounts receivable 10,930 0
Finished goods 0 1,027
68,662
13,421
55,241
522
55,763
41,733
6,575
5,089
1,486
21
1,507
1,153
1,527 3,062 0 1,208
2,733
0 2,645
0
Apple Inc Microsoft Corporation
18,383
Other Current Assets 16,803
Fixed Assets: PP&E (net) 15,452 3,927
0 102,959
57,653
176,064
38,542
19,312
7,071
13,731
3,389
0
Long term assets 6,660
Total assets
Accounts payable Deferred revenue
Total current liabilities Long-term debt
Deferred tax liabilities Other long-term liabilities Long-term liabilities
21,175 0
0 0
Accrued expenses 11,414 0
744
other 5,953
Deferred revenue - non-current 0 0
0
Other non-current liabilities 19,312 242
Total long-term liabilities 242
Answers
Here is the ROIC calculation for Apple, Inc.:
The ROIC calculationNet income (loss) $14,030
Interest expense $0
Taxes $14,030
Net operating profit after taxes $28,060
Average invested capital $176,064
Return on invested capital (ROIC) 15.9%
The following table compares Apple's ROIC to that of BlackBerry:
Company | ROIC
------- | --------
Apple | 15.9%
BlackBerry | 4.9%
As you can see, Apple's ROIC is significantly higher than BlackBerry's. This is due to a number of factors, including Apple's higher gross margin, operating margin, and net income.
Apple also has a lower tax rate than BlackBerry, which helps to boost its ROIC.
Here are some of the reasons why Apple has an advantage over BlackBerry:
Apple has a stronger brand and a more loyal customer base.Apple's products are more innovative and user-friendly than BlackBerry's products.Apple has a more efficient supply chain and a more effective marketing strategy.Blackberry does have some advantages over Apple, such as its strong security features and its experience in the enterprise market. However, these advantages are not enough to offset Apple's overall advantages.
Overall, Apple is a more profitable company than BlackBerry. This is due to a number of factors, including Apple's strong brand, innovative products, efficient supply chain, and effective marketing strategy.
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Tabor Ceramics makes ceramic vases for a chain of department stores. The output and cost figures over the past four weeks are shown here. Labor costs Br10 an hour, and materials are Br 4. Calculate the (a) labor productivity (in hrs), (b) material productivity, and (c) multifactor productivity for each week. Comment on the results. Week 1 2 3 4 Units of output 2000 4000 5000 7000 Number of workers 4 4 5 6 Hours per week per worker 40 48 56 70 Material cost 286 570 720 1000
Answers
a) labor productivity (in hrs) is 1166.67
b) material productivity is 7
c) multifactor productivity is 11.67
What is productivity?
Productivity is a measure of the efficiency with which commodities or services are produced. Productivity is commonly defined as the ratio of an aggregate output to a single or aggregate input used in a manufacturing process, i.e. output per unit of input, usually over a given time period.
a) labor productivity (in hrs) = 2000/4
= 500 4000/4
= 1000 5000/5
= 1000 7000/6
= 1166.67
b) material productivity = 2000/286
= 6.99 4000/570
= 6.98 5000/720
= 6.94 7000/1000
= 7
c) multifactor productivity = (2000*1000)/(4*286)
= 17.37 (4000*1000)/(4*570)
= 17.54 (5000*1000)/(5*720)
= 17.51 (7000*1000)/(6*1000)
= 11.67
The labor productivity and material productivity are relatively stable over the four weeks, while multifactor productivity decreases from Week 1 to Week 4.
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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
Answers
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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the difference between the actual volume and the budgeted volume, multiplied by the fixed overhead rate based on budgeted volume is the:
Answers
The difference between the budgeted and actual amount of fixed overhead is the flexible-budget variance, also referred to as the spending variance. The production-volume variance measures the difference between the budgeted fixed overhead and the fixed overhead allocated based on the actual output produced.
It can be calculated using the following formula: Fixed Overhead Volume Variance = Applied Fixed Overheads – Budgeted Fixed Overhead. Here, Applied Fixed Overheads = Standard Fixed Overheads × Actual Production.
Controllable Variance consists of both variable and fixed overhead elements. Spending variance and efficiency variance are the two types that are under controllable variance. Spending variance is calculated for both the fixed and variable costs.
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Santoro co produced a draft statement of the financial position at the year end which showed the owners equity of 4,50,000. It was later discovered however that the following transactions which all occurred on the last day of the financial year had not been taken into account. 1) Property which cost 3,26,000 had been revalued to 3,86,000 2) Inventories which cost 26,000 had been sold on credit for 31,000 3) The owner withdrew 22,000 in cash. 4) The trade receivable paid the amount owing of 23000 in full what will be the revised figure for owners equity after the above transactions are taken into account?
Answers
Based on the revisions to the statement for Santoro Co., the revised figure for the owner's equity would be $493,000.
What is the new figure for owner's equity?The revised figure can be found as:
= Beginning owner's equity + (Property readjustment) + Inventory readjustment - Withdrawals
Solving gives:
= 450,000 + (386,000 - 326,000) + (31,000 - 26,000) - 22,000
= $493,000
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Great talkers are never great doers essay
Answers
Great talkers are never great doers means people who make loud and loud promises rarely keep their promises.
Meaning -There are many such talkative people who use lofty terms to show off their worth and blow their trumpets just to hide their inner weaknesses and vices. They are like empty ships that often ring. However, their vanity and selfishness often put them in a very low position when in times of crisis they display white feathers that are at odds with their lofty rhetoric.
On the hand, someone who speaks little, believes in deeds, and knows his or her limits proves to be sincere enough to keep his promises.
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explain opening stock in the preparation of the final account
Answers
Opening stock is an important component in the preparation of the final accounts of a business, as it represents the value of goods available for sale during the period.
How is opening stock shown in the final accounts ?In the final accounts, opening stock is typically recorded in the trading account. The trading account shows the gross profit or loss made by the business during the period, and it is prepared by subtracting the cost of goods sold from the net sales revenue.
Overall, opening stock is an important concept in the preparation of final accounts, as it helps to determine the cost of goods sold and the gross profit or loss made by a business during a financial period.
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How important are structure and culture compared to the other primary internal considerations for a strategic plan?
Answers
Structure and culture are among the primary internal considerations for a strategic plan. The importance of structure and culture cannot be undermined, as they both play an important role in the success of a company's strategic plan. Although there are other factors that may contribute to the success of a strategic plan, structure and culture are vital. They can be used to leverage the strengths of an organization to achieve its goals.
Structure refers to how an organization is organized and the interrelationships between different departments. A company's structure determines how information flows within the organization, and how employees interact with one another.
An effective structure enables employees to work together efficiently, leading to a higher level of productivity.
Culture refers to the set of values, beliefs, and attitudes that guide the behavior of an organization's members. A positive culture promotes employee engagement, which is essential for achieving an organization's goals.
A company's culture can influence how it deals with problems, how employees communicate with each other, and how they make decisions, among other things.
In conclusion, structure and culture are essential components of an organization's strategic plan.
By investing in a positive culture and a well-defined structure, companies can increase employee engagement, productivity, and ultimately, achieve their goals.
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Answer:
According to the case, the five kinds of share are directly relevant and can be calculated from the provided information are:
1. Authorized Capital
2. Issued Capital
3. Un-issued Capital
4. Subscribed Capital
5. Called-up Capital
Explanation:
Authorized Capital:
The authorized capital is known as the registered capital of the company, Authorized capital is the maximum amount of share that a company is authorized to issuing share to its shareholders.
In this case, the Alpha limited company registered on 5th January 2023 with the capital of 500,000 which is divided into 25,000 ordinary shares and the value of each share is Rs. 20.
Issued Capital:
The issued share capital of company is monetary value of shares which legally offers by company to its shareholders.
In this case, the Alpha limited company on 20th of January offered for sale to the public from authorized capital. The company put forward 15,000 and the value of each share is 20 Rs. Consequently, the company’s issued capital is 300,000 Rs (15,000 shares x 20 Rs.) .
Un-issued Capital:
The un-issued share capital reflects the part of authorized capital stock that the company has not yet issued to the public.
In this case, the Alpha limited company has not issued his 10,000 shares, and the value of each share is 20 Rs so its total un-issued capital is Rs. 200,000 (10,000 shares x 20 Rs.).
Subscribed Capital:
The subscribed capital is the portion of issued capital for which the public has been subscribed and the company has accepted.
In this case, the Alpha limited company on 23rd January received applications for 14,500 shares from the public which informed by company’s bank, so the subscribed capital is Rs. 290,000 (14,500 shares x 20 Rs.).
Answers
The five kinds of capital that are directly relevant are:
Authorized Capital: Rs. 500,000Issued Capital: Rs. 300,000Un-issued Capital: Rs. 200,000Subscribed Capital: Rs. 290,000Called-up Capital: Rs. 290,000What is a called-up capital?The called-up capital refers to the portion of the subscribed capital that the company has demanded and the shareholders are required to pay.
In this case, the Alpha limited company called up the entire subscribed capital of Rs. 290,000 on 25th January. Therefore, the called-up capital is also Rs. 290,000.
Summarily,
- Authorized Capital: Rs. 500,000
- Issued Capital: Rs. 300,000
- Un-issued Capital: Rs. 200,000
- Subscribed Capital: Rs. 290,000
- Called-up Capital: Rs. 290,000
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Acellus
Help Resources
If a corporation makes $20 million in one year,
after taxes are paid (at 35%), that company
will have a net income of
million
A $7
B. $10
C. $13
Answers
Answer:
A) 7 million
Explanation:
20 000 000 X 35÷100 = 7 million
Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense. Journalize the following selected transactions for October 20Y2 in a two-column journal. Journal entry explanations may be omitted. If an amount box does not require an entry, leave it blank. Oct. 1. Paid rent for the month, $4,300. 3. Paid advertising expense, $2,750. 5. Paid cash for supplies, $1,180. 6. Purchased office equipment on account, $18,100. 12. Received cash from customers on account, $5,900. 20. Paid creditor on account, $1,730. 27. Paid cash for miscellaneous expenses, $750. 30. Paid telephone bill for the month, $280. 31. Fees earned and billed to customers for the month, $39,300. 31. Paid electricity bill for the month, $470. 31. Paid dividends, $3,000.
Answers
Answer:
Date Accounts title Debit$ Credit$
1-Oct Rent expense Account 4300
Cash account 4300
3-Oct Advertisement expense 2760
Cash account 2760
5-Oct Supplies Account 1180
Cash account 1180
6-Oct Office equipment Account 18100
Accounts payable 18100
10-Oct Cash account 5900
Accounts receivable 5900
15-Oct Accounts payable 1730
Cash account 1730
27-Oct Misc expense Account 750
Cash account 750
30-Oct Utility expense Account 280
Cash account 280
31-Oct Accounts receivable Account 39300
Service revenue 39300
31-Oct Utility expense Account 470
Cash account 470
31-Oct Jason payne, Drawings 3000
Cash account 3000
which is one of the greatest risks of being entrepreneur
Answers
One of the greatest risks of being entrepreneur is the risk of business failure
What is one of the greatest risks of being entrepreneur?One of the greatest risks of being an entrepreneur is the possibility of business failure. Starting a new business is inherently risky, as there is no guarantee that the business will be successful.
Entrepreneurs may invest significant time, money, and resources into their businesses, but still be unable to generate sufficient revenue to cover their costs or turn a profit. Business failure can be financially and emotionally devastating for entrepreneurs, as well as damaging to their reputation and future career prospects.
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How do you find a monthly payment on auto loans?
Answers
Answer:
Explanation:
m
The formula for calculating the monthly payment on an auto loan is:
M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1]
Where:
M = monthly payment
P = principal amount of the loan
i = interest rate (per month)
n = number of months of the loan
Alternatively, you can use an online calculator to determine the monthly payment. Many banks and financial institutions offer online loan calculators that allow you to input the loan amount, interest rate, and length of the loan to determine the monthly payment.
It is important to note that the interest rate on an auto loan can vary depending on a number of factors, including the borrower's credit score, the length of the loan, and the type of vehicle being financed. It is also important to shop around to find the best interest rate and loan terms before committing to an auto loan.
state the law of demand and explain its assumptions
Answers
Answer:
The law of demand states that quantity purchased varies inversely with price.
Explanation:
The law of demand states that quantity purchased varies inversely with price.
Answer:
Law of demand explains consumer choice behavior when the price changes.
The law of demand is a fundamental principle of economics that states that at a higher price consumers will demand a lower quantity of a good.
It means while studying the relationship between the price of a commodity and demand for it, the effect of other determinants of demand on it is assumed to be constant
Explanation:
Assumptions:
-The income of the consumer or the buyer does not change
- Price of the goods remain constant
-Tastes, preferences and the fashion of the buyers does not change.
BenjaminCompanyproducesproductsC,J,andRfromajointproductionprocess.Eachproductmaybesold at the split-off point or processed further. Joint production costs of $95,000 per year are allocated to the productsbasedontherelativenumberofunitsproduced.DataforBenjamin'soperationsforlastyearfollow:
Answers
Answer:
Product C and J only should processed further.
Explanation:
A project from a joint process should be processed further if additional sales revenue from further processing exceeds further processing cost.
So we will compare the net income i.e additional sales revenue minus sales further processing cost less for the three products as follows:
Net income
Product C : (100,000-75,000)-20,000 = $5,000
Product J: (115,000-70,000)-36,000= $9,000
Product R: (55,000-46,500) - 10,000=$(1,500)
Product C and J only should processed further.
Pretzelmania, Inc., issues 6%, 10-year bonds with a face amount of $63,000 for $58,523 on January 1, 2018. The market interest rate for bonds of similar risk and maturity is 7%. Interest is paid semiannually on June 30 and December 31.
Record the bond issue and first interest payment on June 30, 2018.
Answers
Answer:
Please refer to the below for Journal entries
Explanation:
The journal entries are seen below
1. Cash A/c Dr $58,523
Discount on bond payable A/c Cr $4,477
To bonds payable A/c Cr $63,000
(Being the issuance of bond that is recorded)
2. Interest expense A/c Dr $2,048
To discount payable A/c Cr $158
To cash A/c Cr $1,890
(Being the first interest payment that is recorded)
Note:
Interest expense
= $58,523 × 7% × 6 months ÷ 12
= $2,048
Cash
= $63,000 × 6% × 6 months ÷ 12
= $1,890
What is a common MISTAKE of pitching?
Listing all of the features
Complementing the content with body language
Making a clear ask
Providing the market size
Answers
A common mistake in pitching is listing all of the features. The correct option is a.
What is pitching?Pitching is a presentation of a business idea to potential investors. People pitch a business because they need resources. If the goal is to raise startup cash, the target of the pitch is an investor. Other businesses pitch to potential customers to sell their products. Finally, some organizations pitch because they need a partner or resource to help them accomplish their mission. It's important to remember that a pitch to an investor may not strictly seek startup capital.
For example, a business may need an investment when it has an unexpected but very profitable order beyond its current capacity.
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If the order is accepted, by how much will monthly profits increase or decrease? (The order would not change the company’s total fixed costs.) Show and label all computations using words and numbers to explain the steps please (final answer should be incremental profits)
Answers
If the Superior Company accepts the special order, monthly profits will increase by $2,500.
By how much will monthly profits increase or decrease if order is accepted?To determine the impact on monthly profits, we need to calculate the contribution margin per unit on the special order.
Contribution margin per unit = Selling price per unit - Variable costs per unit
= $15 - ($2.50 + $3.00 + $0.50 + $1.50)
= $7.50
The contribution margin ratio is 50% ($7.50 / $15).
The fixed costs are $4.25 + $2.00 = $6.25 per unit.
If the company accepts the special order, it will produce and sell an additional 2,000 units.
Total contribution margin from the special order:
= 2,000 units x $7.50 per unit
= $15,000
Since the order would not affect regular sales, the company's total fixed costs will remain the same. Therefore, the increase in monthly profits would be:
Increase in monthly profits = Total contribution margin from the special order - Incremental fixed costs
= $15,000 - ($6.25 x 2,000)
= $2,500.
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On February 3, Easy Repair Service extended an offer of $138,000 for land that had been priced for sale at $158,000. On February 28, Easy Repair Service accepted the seller's counteroffer of $150,000. On October 23, the land was assessed at a value of $225,000 for property tax purposes. On January 15 of the next year, Easy Repair Service was offered $240,000 for the land by a national retail chain. At what value should the land be recorded in Easy Repair Service's records?
Answers
The value that the land should be recorded at in Easy Repair Service's records as a result of the land being priced for sale and being assessed for tax purposes, is the original cost of $150, 000.
What should the land be recorded at?When it comes to recording the value of land, the Cost concept principle applies which is that the land should be recorded at the original cost. This is because land is a fixed asset that does not lose value and might instead increase in value. To avoid confusion, land is then recorded at its original cost.
This original cost is the price that a company or individual acquired the land from the previous owner. In this case, Easy Repair Service accepted a seller offer of $150, 000. This is therefore the value of the land and what the land should be recorded at in Easy Repair Service's records.
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