Use the In the News to answer three questions
IN THE NEWS Treasury Prices Fall with Improved Expectations Expectations of accelerated economic growth continue to boost yields on Treasury securities. The price of the Treasury's 2.0 percent 10-year bond fell $17.43 yesterday, from $843.88 to $826.45. The decline in the price of the treasury pushed the yield up from 2.37 percent to 2.42 percent. The 30-year bond also declined, increasing the yield from 2.96 to 3.00. Source: Market reports of January 6, 2017, What would the yield be on the 2.0 percent, $1,000, 10-year Treasury bond if the market price of the bonds were Instructions: Round your responses to two decimal places.
a. $1,000?
b. $800?
c. $1,200?
Answers
Answer:
2%
2.5%
1.67%
Explanation:
The yield can be computed using the yield formula which coupon payment divided by price.
The coupon payment=face value*coupon rate
face value is $1000
coupon rate is 2%
coupon payment=2%*$1000=$20
when price is $1000:
yield =$20/$1000=2%
when price is $800
yield=$20/$800=2.5%
when price is $1,200
yield =$20/$1,200=1.67%
In essence ,the lower the price the higher the yield as lower amount is invested in order to receive the same amount of annual coupon of $20
Related Questions
If the growth rate in an economy is 3%, then its GDP will double in about:
A.
20 years.
B.
23.33 years.
C.
70 years.
D.
245 years.
Answers
Answer:
B. 23.33 years.
Explanation:
If we are going to make use of rule of seventy (70) to help us know the actual time that it takes for a country to double their economy GROSS DOMESTIC PRODUCT (GDP) which means that it will take up to 14 years for a country that has 5% growth rate to double their GDP but in a situation where a country economy has a growth rate of 3% it will takes actually takes 23 .3 years to double their GDP or 10 years to double their GDP.
What principle of corporate governance requires companies to operate in ways that respect the social and legal relationships they have with employees and creditors, among others?
A. Interests of other stakeholders
B. Integrity and ethical behavior
C. Integrity and ethical behavior
D. Disclosure and transparency
Answers
Answer:B
Explanation:
As the price of a good increases, all else being equal, consumers will likely purchase _____.(1 point)
* less of the good because substitutes have become relatively less expensive
* more of the good because substitutes have become relatively less expensive
* less of the good because substitutes have become relatively more expensive
* more of the good because substitutes have become relatively more expensive
Answers
Answer:
less of the good because substitutes have become relatively more expensive
Baker Company, an Ohio company that sells a branded product regionally to retail customers in Midwest. It normally sells its product for $40 per unit; however, it has received a one-time offer from a private-brand company on the West Coast to buy 1,000 units at $25 per unit. Even though the company has excess capacity to produce the units, the president of the company immediately rejected the offer; however, the chief accountant stated that it might be a profitable opportunity for the company, even though $25 is below its unit cost of $28, calculated as follows:
Cost
Direct material $12.00
Direct labor 8.00
Depreciation and other fixed costs 6.00
Total unit cost $26.00
Calculate the net advantage (disadvantage) of accepting the special order:
a. $5,000
b. ($5,000)
c. $25,000
d. ($25,000)
Answers
Answer:
Effect on income= $5,000 increase
Explanation:
Giving the following information:
One-time offer:
1,000 units at $25 per unit.
Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.
Unitary cost= 12 + 8= $20
Effect on income= 1,000*(25 - 20)
Effect on income= $5,000 increase
Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.
a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?
Answers
The following answers are based on a monopoly economy.
The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.What is a monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.
To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.
At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.
For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,
Total Cost = Equilibrium Output * ATC (Average Total Cost)
= 7.5 * 100
= $750
To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.
Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)
= $1000 - $ 750
= $250
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What is one way investment consultants protect their clients’ money during periodic performance reviews?
Answers
Answer:
Investment consultants check that the portfolio manager's performance was based on skill investing in the agreed-upon stocks or sectors
Explanation:
because it is
In a bid to ensure that money is adequately channeled and client's finances are safe, investment consultant analyses the stocks and portfolio's in other to ensure they are based on the advise offered and agreed upon.
The investment consultant offers expert advise on profitable stocks and portfolio's which could be invested in. The portfolio manager handles and monitors client's investment and finances. Hence, the investment consultant and portfolio manager work hand in hand in other to ensure that the right stock is chosen and invested in.Therefore, investment consultant ensures that portfolio managers do not deviate from the agreement made.
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What do we call the principle that costs of production will increase by the inefficient reallocation of specialized resources for the production of additional goods for which there sources are not well suited?
A the law of natural economics
B the law of market regulation
C the law of macro-economic control
D the law of increasing opportunity costs
Answers
Answer:
the law of market regulation
Explanation:
i did this in my business class
6. Which of the following situation of a particular firm allows increased dividend payout ratio A. Strong capital impairment rule B. Higher possibility for external financing C. Need of additional finance in the firm D. Restrictive debt contract
Answers
A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
Answers
A promissory note can best be described as: a. an interest-bearing IOU.
What is promissory note?Promissory note can be defined as a written note that help to shows that a person who lend a money from another person promise to payback. The note contains a promise by the borrower to pay back the lender within a stipulated period of time.
A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which the borrower will have to payback.
A promissory note also contains the terms and conditions of the agreement and this terms and agreement includes the following :
The principal amountThe loan maturity dateThe interest etcTherefore we can conclude that the correct option is A.
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The Rogers family own a house worth $848,000, with a mortgage of $434,000. They have 2 cars. The dad’s car is worth $26,800 and is paid off. The mom’s car is worth $21,400 on which she still owes $6,900. They have $12,200 in student loans. They rent a vacation home that they owe $4,800 for. Mr. Rogers has $98,000 in a retirement savings account, and they have $52,700 in the bank. They pay $10 a month for a Disney Plus subscription. What is the Rogers' family’s net worth?
The Rogers' family net worth is $ .
please answer quickly
Answers
The four functions of management Multiple Choice provide a decision-making framework in order to select new strategies. provide a framework for designing innovative products. are generally considered to be outdated by current management trends. are a step-by-step process that needs to be followed. are not a step-by-step process, but rather these functions occur simultaneously in order to operate an organization.
Answers
The four functions of management are : D. a step-by-step process that needs to be followed.
What is management?Management can be defined as the process of effectively managing the day to day operation of a business so as to achieve smoothy running .
The four managemet functions are esssentials orm important for any company or organization that want to succeed based on the fact that this function enables companies to operate smootly.
The four management functions are:
PlanningOrganizingLeadingControllingThis implies that managers needs to plan, organize, lead and control their daily business operation and this management functions should be follow step by step so as to acheive a desire result.
Planning is important for any business that want to succeed as lack of planning can have a negative effect on the growth of a company.
Therefore the correct option is D.
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Do you dream of working in show business? Have you ever told your parents? If so, you have probably been told, “That is not a real career” or “You’d better pick something to fall back on.” What they usually mean is that the chances of going to Hollywood and becoming a big movie star are slim. In that way, they are right.
But making Broadway shows, producing Hollywood films, even creating online videos involve many more jobs than just the actors who play in them. So many different people in diverse career paths—from management, to accounting, to marketing—contribute their skills to create the finished products that entertain us! See, you can have a ‘real career’ and work in show business.
For instance, think about the jobs listed below. While those in positions like these get to work in and around show business, the functions they perform are based right in the clusters we considered today: Business Management, Finance, Marketing and Sales. See if you can search online to find what is involved with these three specific jobs. Can you find an example of someone who holds this position? What do they do? How might their job allow them to feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency
Now that you have learned a bit about each of these jobs and what they involve, pop back over to the Bureau of Labor Statistics’ Occupational Outlook Handbook once again to do some more research on them. Find out what education is generally required to enter into each career and what the annual salary could be. Jot down some facts related to each career’s job outlook as well.
Note: You might have to use a broader search term, such as operations manager, accountant, or marketing manager, to find information on these careers.
After this initial research, your task is going to be to create a slideshow presentation to show parents who are worried about their children’s Hollywood dreams. You must provide them with information on solid career options that their children could pursue… careers that would ease parents’ minds and fulfill children’s goals.
Your slideshow must include the following:
Content
A description of each of the three careers that you researched, including what tasks the job requires and why the job is so important
A breakdown of the education requirements for each career, including subjects that might be beneficial in preparing for each career
The projected annual salary for someone in each career and the job outlook according to the Bureau of Labor
A summary of why you think this job is a good choice for someone who is interested in “show business”
Elements
Five slides, broken down in this way:
One slide for each career, containing the content from the first three bullet points above
One slide for the summary, containing the content from the last bullet point above
One slide for your bibliography
Three pictures, one for each of the three careers you are presenting
Answers
The careers that i have researched on Broadway shows are:
Stage Manager. Theatrical Makeup Artist. Choreographer.What tasks does a stage manager perform?They consist of:
Planning and leading rehearsals.Sharing with designers and craftspeople the director's wishes.Coordinating the stage crew's job.During the performance, there may be calling cues and actor entrances.supervising the entire performance every time it is given.In terms of Theatrical Makeup Artist role: Any makeup used by the performers must look well, and that is the responsibility of the makeup artist. In order to develop a look for each actor that will visually support the character, the makeup artist collaborates closely with the costume designer.
In terms of Choreographer role: Working together with the director and musical director, a choreographer creates and choreographs the dance or stylized movement for musical productions. A choreographer collaborates with dancers to develop and interpret concepts and turn them into the final performance.
The credentials are required to be a stage manager are:
A foundation degree, higher national diploma, or degree in stage management, or a course in a similar field like performing arts production, are all options.technical theater and a theater in practice.The credentials for Makeup Artists are:
Bachelor, Fashion & Beauty Makeup Artist; Bachelor of Arts in Make Up for Media and Performance.Hair design and makeup artistry.Artistry & Effects in Makeupcollegiate media makeupLastly, Despite the fact that a master's degree is frequently required to teach at the university level, many choreographers hold bachelor's degrees in dance. Beginning their careers as professional dancers, choreographers frequently take on jobs as assistant choreographers or in positions that are comparable.
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3. Using the TGT Quarterly Sales (Target Corp.) data:
a. Fit a regression model with a time trend and seasonal dummy variables to the sales data.
b. Is the time trend coefficient statistically significant? How can you tell?
c. Are the seasonal dummy variables statistically significant? How can you tell?
Answers
b) all variables are significant as their p-value is less than 0.05
How to solveuse =IF((MOD(C2,4)=1),1,0) for Q1
=IF((MOD(C2,4)=2),1,0) for Q2
=IF((MOD(C2,4)=3),1,0) for Q3
Sales Period Q1 Q2 Q3
14833 1 1 0 0
15067 2 0 1 0
15276 3 0 0 1
20181 4 0 0 0
15593 5 1 0 0
15532 6 0 1 0
15605 7 0 0 1
20661 8 0 0 0
15935 9 1 0 0
16240 10 0 1 0
16402 11 0 0 1
21288 12 0 0 0
16867 13 1 0 0
16779 14 0 1 0
16929 15 0 0 1
22726 16 0 0 0
16706 17 1 0 0
17117 18 0 1 0
17258 19 0 0 1
21515 20 0 0 0
17050 21 1 0 0
17406 22 0 1 0
17732 23 0 0 1
21751 24 0 0 0
17119 25 1 0 0
17427 26 0 1 0
17613 27 0 0 1
21626 28 0 0 0
16196 29 1 0 0
16169 30 0 1 0
16441 31 0 0 1
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.967364502
R Square 0.935794079
Adjusted R Square 0.925916245
Standard Error 611.1965097
Observations 31
ANOVA
df SS MS F Significance F
Regression 4 141559915.4 35389978.84 94.73676965 4.14866E-15
Residual 26 9712590.51 373561.1735
Total 30 151272505.9
Coefficients Standard Error t Stat P-value Lower 95%
Intercept 20387.66234 303.6073655 67.15140886 1.12253E-30 19763.58846
Period 62.80681818 12.31290458 5.100893765 2.57549E-05 37.49728035
Q1 -5042.38961 316.5637949 -15.92851012 6.26883E-15 -5693.09581
Q2 -4925.446429 316.324246 -15.57087859 1.07184E-14 -5575.660228
Q3 -4798.378247 316.5637949 -15.15769751 2.01716E-14 -5449.084446
y^ = 20387.66234 + 62.806818*t -5042.3896*Q1 -4925.44643*Q2 -4798.378247 *Q3
b) all variables are significant as their p-value is less than 0.05
c)
22397.48
22460.29
22523.09
22585.9
respectively
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If you own 500 shares of stock in a company that has 100,000
shares of stock outstanding, what fraction of the firm do you own?
Answers
Answer:
1/200
Explanation:
The fraction will be the shares owned divided by the outstanding shares
=500/100,000
=5/1000
=1/200
The fraction is 1/200
Molly Ellen, bookkeeper for Keystone Company, forgot to send in the payroll taxes due on April 15. She sent the payment November 8. The IRS sent her a penalty charge of 9.20% simple interest on the unpaid taxes of $4,000. Calculate the penalty. (Remember that the government uses exact interest.) (Use Days in a year table.)
Answers
The penalty charge is $728.04.
To find the penalty charge in the given scenario where Molly Ellen forgot to send the payroll taxes due on April 15th and sent the payment on November 8th, we will follow these steps:Calculate the days from April 15 to November 8 which is 207 daysCompute the exact interest on the unpaid taxes using the exact interest formula: I=P*R*T/100I: Exact interestP: Unpaid taxes ($4,000)R: Rate (9.20%)T: Time in years (207 days/365 days = 0.57 years)
Calculate the penalty by subtracting the unpaid taxes from the total amount due including the interestPenalty = Total amount due - Unpaid taxesGiven that the unpaid taxes were $4,000, and the IRS sent a penalty charge of 9.20% simple interest on the unpaid taxes. Using the above information, we will calculate the penalty as follows:
Days from April 15th to November 8th is 207 days.The exact interest formula is I=P*R*T/100, where I is the exact interest, P is the principal, R is the rate and T is the time in years.I = (4000 * 9.20 * 207)/100 * 365 = $728.04The total amount due including the interest is $4,728.04.Penalty = Total amount due - Unpaid taxesPenalty = $4728.04 - $4000Penalty = $728.04Therefore, the penalty charge is $728.04.
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Economists believe that the fiscal stimulus of 2009 was
not very effective because the large deficits and growing debt created an uncertain business
climate.
O very effective because the small deficits and shrinking debt created a positive business
climate.
O very effective because the large deficits and growing debt created an uncertain business
climate.
not very effective because the small deficits and shrinking debt created a positive business
climate.
O unrelated to federal debt or the business climate.
Answers
Economists believe that the fiscal stimulus of 2009 was not very effective because the large deficits and growing debt created an uncertain business climate is: B. very effective because the large deficits and growing debt created an uncertain business climate.
Why does economists believe that the fiscal stimulus of 2009 was not very effective ?When the government spends more than it collects in taxes, it runs a deficit, which increases the national debt. The fiscal stimulus package of 2009 involved a significant increase in government spending, which led to large deficits and a growing national debt.
This, in turn, created uncertainty among businesses, as they were unsure about the long-term impact of this level of government spending and debt on the economy. Some economists argue that high levels of government debt can lead to higher interest rates and inflation, which can make it more difficult for businesses to invest and plan for the future.
Therefore the correct option is B.
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Communication and control two of the reasons that consumer do which of these?
(Multiple Answers)
Sell online
Shop Online
Buy Online
Compete Online
Answers
A company intends to refinance a portion of its short-term debt in Year 2 and is negotiating a long-term financing agreement with a local bank. This agreement would be noncancelable and would extend for a period of 2 years. The amount of short-term debt that the company can exclude from its statement of financial position at December 31, Year 1.
a. May exceed the amount available for refinancing under the agreement.
b. Depends on the demonstrated ability to consummate the refinancing.
c. Must be adjusted by the difference between the present value and the market value of the current debt.
d. Is zero unless the refinancing has occurred by year end.
Answers
Answer:
Refinancing Short-term Debt
The amount of short-term debt that the company can exclude from its statement of financial position at December 31, Year 1:
b. Depends on the demonstrated ability to consummate the refinancing.
Explanation:
Demonstrating the ability to consummate the refinancing agreement of short-term obligations to long-term obligations enables the borrowing entity to exclude the obligations from its current liabilities and to classify the obligations as noncurrent. This ability is demonstrated when an entity issues post-balance-sheet-date long-term obligation or equity securities or enters into a financing agreement that meets some criteria. These criteria are that the agreement lasts more than 1 year, is noncancelable by the lender, no agreement violation exists at the balance sheet date, and the lender does not default on the agreement.
Provide one example of what the citizens of South Africa can do to uplift themselves
Answers
Answer:
Citizens of South Africa should endeavor to acquire skills that would make them financially independent.
Explanation:
Poverty and unemployment still remain major problems bedeviling African countries, South Africa inclusive. To uplift themselves, South African people should endeavor to acquire skills that would make them independent. Since the government cannot cater to the needs of everyone, learning a trade or two will help the teeming youths to be productively engaged.
This will go a long way to curb unemployment and its negative consequences such as crime perpetrated by young people. They could learn hard skills like fashion designing, Catering, Mechanized farming, etc. Soft skills would also help them to grow professionally.
An example of what the citizens of South Africa can do to uplift themselves is to develop their community and get the necessary skills and education.
In South Africa today, there are issues of inequality and poverty affecting the people. In order to tackle these issues, it's vital to focus on projects that can help the poor in society. This can be through the creation of jobs.Furthermore, it's vital for people to develop their skills. Skill courses and mentorship programs should be engaged in order for the people to improve their standard of living.Lastly, companies should be socially responsible and find ways through which they can help the poor.Read related link on:
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908 25. द्वितीय लेखाविधि तथा विश्लेषण Nuwakot Consultancy was organized on June 2, 2019, by a group of accountants to provide accounting and tax services to small businesses in Kathmandu. The following transactions occurred during the first month of business. June 2 June 5 June 8 June 15 June 17 June 23 June 28 June 29 Received contributions of Rs. 10,000 from each of the three owners of the business is exchange for shares of stock. Purchased a computer system for Rs. 12,000. The agreement with the vendor requires a down payment of Rs. 2,500 with the balance in 60 days. Signed a two-year promissory note at the bank and received cash of Rs. 20,000. Billed Rs. 12,350 to clients for the first-half of June. Paid a Rs. 900 bill from the local newspaper for advertising for the month of June. Received the amounts billed to clients for services performed during the first half of the month. Received and paid gas, electric, and water bills. The amount is Rs. 2,700. Received the landlord's bill for Rs. 2,200 for rent on the office space that Nano Consultancy leases. The bill is payable by the 10th of the following month. Paid salaries and wages for June. The total amount is Rs. 5,670. Billed Rs. 18,400 to clients for the second half. Declared and paid dividends in the amount of Rs. 6,000. June 30 June 30 June 30 Required: (a) Journal entries on the books of Nuwakot Consultancy. (For the transactions entered into during the month. Ignore depreciation and interest expenses). (b) Post the transactions into T-accounts. (c) A trial balance at June 30, 2019.
Answers
1. The Journal Entries on the books of Nuwakot Consultancy for the June Transactions are as follows:
Journal Entries:Date Transactions Debit Credit
June 2 Cash Rs. 30,000
Common Stock Rs. 30,000
June 5 Computer Rs. 12,000
Cash Rs. 2,500
Accounts Payable Rs. 9,500
June 8 Cash Rs. 20,000
Notes Payable Rs. 20,000
June 15 Accounts Receivable Rs. 12,350
Service Revenue Rs. 12,350
June 17 Advertising Expense Rs. 900
Cash Rs. 900
June 23 Cash Rs. 12,350
Accounts Receivable Rs. 12,350
June 28 Utility Expense Rs. 2,700
Cash Rs. 2,700
June 29 Rent Expense Rs. 2,200
Rent Payable Rs. 2,200
June 30 Salaries &
Wages Expense Rs. 5,670
Cash Rs. 5,670
June 30 Accounts Receivable Rs. 18,400
Service Revenue Rs. 18,400
June 30 Dividends Rs. 6,000
Cash Rs. 6,000
2. The Posting of the transactions into T-accounts is as follows:
Cash AccountDate Transactions Debit Credit
June 2 Common Stock Rs. 30,000
June 5 Computer Rs. 2,500
June 8 Notes Payable Rs. 20,000
June 17 Advertising Expense Rs. 900
June 23 Accounts Receivable Rs. 12,350
June 28 Utility Expense Rs. 2,700
June 30 Salaries and Wages Expense Rs. 5,670
June 30 Dividends Rs. 6,000
June 30 Balance Rs. 44,580
Rs. 62,350 Rs. 62,350
Common StockDate Transactions Debit Credit
June 2 Cash Rs. 30,000
ComputerDate Transactions Debit Credit
June 5 Cash Rs. 2,500
June 5 Accounts Payable Rs. 9,500
June 30 Balance Rs. 12,000
Accounts PayableDate Transactions Debit Credit
June 5 Computer Rs. 9,500
Notes PayableDate Transactions Debit Credit
June 8 Cash Rs. 20,000
Rent PayableDate Transactions Debit Credit
June 29 Rent Expense Rs. 2,200
Accounts ReceivableDate Transactions Debit Credit
June 15 Service Revenue Rs. 12,350
June 23 Cash Rs. 12,350
June 30 Service Revenue Rs. 18,400
Service RevenueDate Transactions Debit Credit
June 15 Accounts Receivable Rs. 12,350
June 30 Accounts Receivable Rs. 18,400
June 30 Balance Rs. 30,750
Advertising ExpenseDate Transactions Debit Credit
June 17 Cash Rs. 900
Utility ExpenseDate Transactions Debit Credit
June 28 Cash Rs. 2,700
Rent ExpenseDate Transactions Debit Credit
June 29 Rent Payable Rs. 2,200
Salaries and Wages ExpenseDate Transactions Debit Credit
June 30 Cash Rs. 5,670
DividendsDate Transactions Debit Credit
June 30 Cash Rs. 6,000
3. The preparation of the trial balance at June 30, 2019, is as follows:
Date Transactions Debit Credit
Cash Rs. 44,580
Common Stock Rs. 30,000
Computer Rs. 12,000
Accounts Payable Rs. 9,500
Notes Payable Rs. 20,000
Rent Payable Rs. 2,200
Accounts Receivable Rs. 18,400
Service Revenue Rs. 30,750
Advertising Expense Rs. 900
Utility Expense Rs. 2,700
Rent Expense Rs. 2,200
Salaries and Wages Expense Rs. 5,670
Dividends Rs. 6,000
Totals Rs. 92,450 Rs. 92,450
What are the journal entries?Journal entries are made to record the transactions of a business as they occur daily.
Journal entries help post transactions to the general ledger (T-accounts).
With a trial balance, the balances in the general ledger are summarized to prepare financial statements.
Transaction Analysis:June 2 Cash Rs. 30,000 Common Stock Rs. 30,000
June 5 Computer Rs. 12,000 Cash Rs. 2,500 Accounts Payable Rs. 9,500
June 8 Cash Rs. 20,000 Notes Payable Rs. 20,000
June 15 Accounts Receivable Rs. 12,350 Service Revenue Rs. 12,350
June 17 Advertising Expense Rs. 900 Cash Rs. 900
June 23 Cash Rs. 12,350 Accounts Receivable Rs. 12,350
June 28 Utilities Expense Rs. 2,700 Cash Rs. 2,700
June 29 Rent Expense Rs. 2,200 Rent Payable Rs. 2,200
June 30 Salaries and Wages Expense Rs. 5,670 Cash Rs. 5,670
June 30 Accounts Receivable Rs. 18,400 Service Revenue Rs. 18,400
June 30 Dividends Rs. 6,000 Cash Rs. 6,000
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In 1920, it cost much more to make a long distance phone call than it does today. Explain this situation using the
tools of supply and demand.
Answers
Answer: at the time it was 3-5 cents
Explanation:
at the time they were using cheap Materials
In 1920, limited infrastructure and high costs led to higher prices for long-distance phone calls. Technological advancements and increased competition later reduced costs and made calls more affordable.
Due to poor infrastructure, high setup costs and technological limitations, long-distance phone calls were expensive in 1920. Although there was a high demand for communication outside of local areas, there was a limited supply of long distance services. As the telecommunications sector developed, technological advancements and increased competition increased the supply of long distance services and drove down prices.
Long-distance calls have become more reasonably priced thanks to advancements in digital communication, fiber optics and more effective networks. Companies were compelled to invest in infrastructure and provide competitive pricing due to the increased demand for long distance communication. Since there are now more long distance services available than there were in the early 20th century their prices have decreased significantly making them more affordable and widespread for people all over the world.
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Cameron is part of a team of graphic designers. Though she shares the same title and performs the same tasks as the rest of her team, her co-workers often seek her advice and respect her opinion. Group members such as Cameron are called
Answers
Based on the fact that Cameron performs the same tasks as the rest of her team and yet her co-workers often seek her advice and respect her opinion, Cameron can be described as a negotiator.
Who are negotiator employees?These are employees in an organization who perform the role of an unofficial leader amongst their team.
As a result, their opinions are respected and people come to ask for advice from them even though they are at the same level with those seeking advice.
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Sheltie Company sells lamps and clocks. Consider the following per unit data: At the break-even point, what is the sales revenue for lamps when fixed costs are $149,952 for Sheltie Company?
Answers
Answer:
$351,450
Explanation:
some information was missing, so I looked it up:
lamps clocks
selling price 75 45
variable costs 48 30
contribution margin 27 15
sales mix 3 1
contribution margin per bundle = (3 x $27) + (1 x $15) = $96 per bundle
break even point (in bundles) = $149,952 / $96 = 1,562 bundles which represents 4,686 lamps and 1,562 clocks
sales revenue for lamps at break even point = 4,686 lamps x $75 per lamp = $351,450
Give an example to each of the three categories of influence on customers
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Answ er:
Explanat ion:
Patrick and Kathy bought a home for $250,000 three years ago and sold it this year for $225,000. What is the deduction they can take for the loss on the sale?
$0
$2,500
20% of $25,000
60% of $25,000
Answers
The amount they can take as deduction for the loss on the sale of their home is; $0.
How much can they take as deduction for the loss on the sale?It follows that deductions can only be taken on losses incurred on the sale of property used for business or investment purposes.
Hence, since the item sold is their personal home, it follows that they cannot take any deduction on the loss on the sale.
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Discuss the various system for internal administration for financial organisation.
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The various system for the internal administration of financial organizations includes accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.
Internal administration systems for financial organizations are systems that oversee the internal functioning of the financial organizations and their staff. They enable businesses to establish and follow specific procedures that ensure their operations are stable, transparent, and responsible.
Here are some of the various systems for internal administration for financial organizations:
1. Accounting systems: Accounting systems are essential to ensure the accuracy of financial transactions and the reliability of financial statements. The accounting system should provide information about the current financial status of the organization and account for all income and expenses.
2. Budgeting systems: Financial organizations use budgeting systems to allocate resources and plan expenditures. This system can be used to control the financial performance of a department, project, or organization.
3. Internal controls: Internal controls are the procedures, policies, and activities that help an organization to maintain the integrity of its operations and prevent fraud. The effectiveness of these controls depends on how well they are implemented.
4. Performance management systems: Performance management systems are used to ensure that the goals of an organization are achieved. This system can be used to monitor and evaluate employee performance, provide feedback, and manage employee development.
5. Risk management systems: Risk management systems help financial organizations to identify and manage risks. They can be used to assess the risk associated with various activities and develop strategies to mitigate those risks.
6. Compliance management systems: Compliance management systems help financial organizations ensure that they are following all relevant regulations and laws. They can be used to monitor compliance with internal policies and procedures as well as external regulations.
In conclusion, internal administration systems for financial organizations are essential for ensuring the stability and transparency of financial operations. These systems include accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.
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The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
Answers
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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Jarek is short of his sales goal this month. He knows if he adds small items to his customer's orders, they most likely won't notice the small increase and then he would be able to make his goal. His only other choice is to accept he hasn't met the goal and will lose some of his commission. This exemplifies a(n) ______.
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As Jarek does not meet the goal due to which he lost some of his commission so this represents the ethical issue.
The following information related to the ethical issue should be relevant:
It arises at the time when the decision, situation developed the conflict via the moral principles of the society.These types of conflicts are considered to be dangerous because the chances of breaking the law should be high.Therefore we can conclude that the given situation represents an ethical issue.
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Leslie was born on September 12, 2002. When will Leslie be able to purchase alcohol?
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Leslie was born on September 12, 2002. When will Leslie be able to purchase alcohol? In most countries around the world, the legal drinking age is 18 years old or above. In the United States of America, it is 21 years old.
Leslie, born in 2002, is currently 19 years old. This implies that Leslie can purchase alcohol if she resides in a country where the legal drinking age is 18 years or above.
A few countries, such as Italy, allow 16-year-olds to drink beer or wine with a meal if they are accompanied by an adult.
However, these laws vary from one country to another, and the safest bet is to look up the drinking laws in your specific country or region to learn more about legal drinking ages.
Alcohol is harmful when consumed in excessive quantities, causing mental and physical problems.
Thus, it is critical to consume alcohol responsibly, regardless of the legal drinking age in one's region. If Leslie chooses to drink alcohol, she should only do so in moderation and not become addicted to it.
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FILL IN THE BLANK. industrial firms blank . multiple choice question. buy physical products and resell them again without any reprocessing reprocess a product they buy before selling it again
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The correct option is - A. Industrial firms purchase tangible goods and sell them another without reprocessing; they repurpose a product they purchase before reselling it.
Explain about the Industrial firms?Businesses involved in aerospace and defense, machine parts, tools, lumber manufacture, and construction make up the industrial products industry.
Products or commodities that you can touch, feel, and see are considered tangible goods. Books, food, groceries, medicines, and skincare goods are just a few examples of these products. They are distinct from immaterial goods like insurance, consulting, health care, accountancy, and financial services.Resells are wholesalers and retailers who acquire physical goods and resell them without further processing.Resellers are businesses that market products and services made by other companies without making significant changes to them. Retailers, brokers, and wholesalers are among them. You're probably familiar with two major retailers, Walmart and Target. Big merchants, wholesalers, and brokers hold a lot of market sway.Thus, Industrial firms purchase tangible goods and sell them another without reprocessing; they repurpose a product they purchase before reselling it.
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The correct question is-
FILL IN THE BLANK.
Industrial firms _____.
multiple choice question.
A. buy physical products and resell them again without any reprocessing reprocess a product they buy before selling it again.
B. which are wholesalers and retailers that buy physical products and resell them again without any reprocessing
C. which are the federal, state, and local agencies that buy products and services for the consitutents they serve.