You are an entrepreneur who wants to start a new firm that specializes in electric cars. Your plan is to fund this new business by offering a sizable portion of the equity ownership in this new firm. In order to correctly price this equity, you will need to calculate the value of your business. This will involve determining the proper discount rate for your expected electric car cash flows. Fortunately, there is one publicly traded electric car company (symbol: BOLT) you can use for comparison. You run a regression of BOLT excess stock returns on excess market returns and obtain an equity beta of 2.4 for BOLT. Additional research informs you that the market capitalization (i.e. market value of equity) of BOLT is $300M, the debt value of BOLT is $200M (which was issued at par and will remain a $200M in perpetuity), and the debt beta for BOLT is zero. a) What is the beta of assets for BOLT, according to the weighted beta equation? Your business partner informs you that the beta of assets you calculated in
(a) is not quite the beta we should be using to calculate the expected return (discount rate) for our electric car cash flows. The reason is that BOLT is a levered firm, implying that the beta of assets for BOLT incorporates both its electric car cash flows and tax shield cash flows. Our firm does not have tax shield cash flows because it has no debt.
(b) Assume that the operating assets (OA) of BOLT equals the total assets (A) of BOLT minus the value of their tax shield (TS). Also assume a tax rate of 40 percent, and that the beta of the BOLT tax shield equals zero. What is the beta of operating assets for BOLT? You will first need to calculate the value of the BOLT tax shield, and then use the following equation to find the beta of operating assets
(OA): VOA VTS BA -Boat -BTS VoA + VTS VoA + VTS
(c) Because your firm is all-equity, the proper discount rate to apply to your electric car cash flows is the expected return on operating assets for BOLT. Assume a risk-free rate of 3 percent and a market risk premium of 5 percent. Starting next year, your firm will produce an annual perpetual free cash flow of $20M with 25% probability, $40M with 50% probability, or $60M with 25% probability. What is the value of your firm?

A)To record the merchandise returns: Sales Returns and Allowances $613,000 Accounts Receivable $613,000 To record the year-end adjusting entry for estimated returns:

Estimated Sales Returns and Allowances $625,000Allowance for Sales Returns and Allowances $625,000 The estimated sales returns and allowances of $625,000 is calculated as follows: Sales = $12,500,000 Estimated returns (5% of sales) = $625,000 Since $338,000 of the returns were for merchandise sold prior to 2021, we need to subtract this amount from the total returns to determine the amount of returns for merchandise sold during 2021: Returns for merchandise sold during 2021 = $613,000 - $338,000 = $275,000 The net amount of the estimated returns is calculated as follows: Estimated returns = $625,000 Less: Returns for merchandise sold prior to 2021 = $338,000 Net estimated returns for merchandise sold during 2021 = $287,000 The adjusting entry is recorded for the net estimated returns of $287,000. B) The year-end allowance for sales returns after the adjusting entry is recorded is calculated as follows: Refund liability at the beginning of the year = $400,000 Add: Returns for merchandise sold during 2021 = $275,000 Subtract: Net estimated returns for merchandise sold during 2021 = $287,000 Year-end allowance for sales returns = $388,000 Therefore, the year-end allowance for sales returns after the adjusting entry is recorded is $388,000.

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If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B.  both Dale and Terrence are made better off by trade.

In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.

Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.

In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.

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Answer:

liability risk

Explanation:

Answer:

liability risk is right opstion

The correct answer is C. The United States suffered an economic downturn starting in 2009.

Explanation:

The graph shows the percentage of unemployment in the U.S. from 2006 to 2012. In this, you can see the unemployment rate was between 4% and 5% during 2006, 2007 and 2008; however, after this year the rate suddenly increased. Indeed in 2009, the rate was 6% and in 2010 it was 10%, which is evidently higher than in previous years. This situation suggests there was an economic recession or downturn that began in 2009 and continued during the following years, this explains why the number of unemployed people increased as an economical recession usually leads to fewer jobs. Thus, the most accurate statement is "The United States suffered an economic downturn starting in 2009".

Answer:

Explanation:

Corporate business travel management manages all aspects of the travel arrangements for an organization's employees. Contracts with airlines, hotel chains, rental car companies, and other business travel management services are arranged by corporate travel management services.

Answer:

Travel management is a specialism, which is based around organising corporate travel, tracking your various travel expenses and devising a comprehensive travel strategy. As a discipline, it is intended to help businesses and their employees to optimise the way they deal with their travel needs.

Explanation:

Answer:

d. $65.00

Explanation:

to get to 1000 products first you must multiply 100 by 10 to get 1000 and you do the same for $1.50 which gets you $15 lastly you add the $50 filter and get $65.

The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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Answer:

Needs : Frappuccino before work each day and winter coat

Wants: monthly loan payment and paying extra on the principal loan amount

Saving: rent on your apartment

Answer:

Explanation:

.

One advantage of term life insurance policies over whole life insurance policies is that the life insurance rates are more affordable.

The  advantage of life insurance policies over whole life insurance policies is that the rate that is been given by the insurance company on the  life insurance is low compare to the whole life insurance.

And the reason that can be attribute to this is that the term policies  do make provision for the coverage for a predetermined time compare to the life insurance.

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Answer:

The correct alternatives are "Option C and Option D".

Explanation:

Other preferences aren't related to the circumstance in question. That the above response is the correct one.

It is to be noted that the area of producer surplus (PS1) when the market price is $5. is indicated in the attached graph. The new demand curve and the new area of producer surplus are also drawn and identified therefin.

As a result of the lower price, the producer surplus is: fallen by less than $40.

The difference between the amount the producer is willing to supply items for and the actual amount he obtains when he does the deal is known as producer surplus. Producer surplus is a metric of producer well-being.

The computation for the producer surplus is give as follows:

For PS1 = 0.5 (9-5)(40)

= $80

PS2 = 0.5(7-4)(30)

=$45

Hence,

Fall in Producer surplus = $80-$45

PS = $35

Thus, it is correct to state that PS < $40.

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Answer:

d. 37 percent

Explanation:

For 2020, the maximum tax rate for personal service corporations is 37 percent. A personal service corporation is a type of corporation that provides services in the fields of health, law, engineering, architecture, accounting, actuarial science, performing arts, and consulting. Personal service corporations are subject to a flat corporate tax rate, which is the same as the individual tax rate for the highest tax bracket. For 2020, the top individual tax rate was 37 percent, so that is also the maximum tax rate for personal service corporations.

Answer:none of those

Explanation:

The statement do researchers mean by "secondary data" is: OD. Information from research already conducted for another purpose.

Government papers, scholarly publications, surveys, databases and other previously done research are just a few examples of the sources from which secondary data may be derived.

To find answers to their own research questions or to obtain new insights into a particular area of interest, researchers analyse and interpret this current data. Researchers might avoid spending the time and money necessary for gathering primary data by employing secondary data instead.

Therefore the correct option is D.

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Ideally, the Behavior Analyst should leave the business card, the name of the individual to be served, and the name of the service that will be provided. In this case, option B is the correct answer.

We can arrive at this answer because:

This type of behavior shows commitment to customer service, which gives the Behavior Analyst credibility and increases the chances of a contract.

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Based on the information given, the results show that A.The annual dividend rate in the utility industry is significantly less than the annual dividend rate in the banking industry.

A dividend rate simply means a financial ratio that is important as it shows how much a company pays out in dividends every year relative to the stock price of the company.

In this case,  the 95% confidence interval shows an interval of 1.28 to 6.28 for the difference. This implies that the annual dividend rate in the utilities industry is significantly less than the annual dividend rate in the banking industry.

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The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.

CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.

When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.

Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.

Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.

Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.

The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.

The importance of consumer behavior to marketers is discussed below:

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To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.

Assets:

Plant and Machinery: $50,000

Debtors: $200,000

Cash: $20,000

Stock: $68,000

Motor Vehicles: $100,000

Bank: $35,000

Land and Building: $120,000

Bills Receivable: $60,000

Total Assets: $653,000

Liabilities:

Creditors: $100,000

Loan: $95,000

Interest on Loan: $3,000

Provision for Doubtful Debts: $7,000

Bills Payable: $20,000

Total Liabilities: $225,000

Equity:

Capital: $30,000

Total Equity: $30,000

Total Liabilities and Equity: $653,000

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Answer:

Required 1 ; Journals

Work In Process : Grinding Department $ 128,000 (debit)

Work In Process : Molding Department $ 128,000  (credit)

Being transfer of costs from Molding to Grinding Department

Work In Process : Molding Department $ 128,000  (debit)

Work In Process : Grinding Department $ 128,000 (credit)

Being transfer of costs from Grinding to Molding Department

Finished Goods Account $40,000 (debit)

Work In Process : Finishing Department $40,000 (credit)

Being transfer of costs from Finishing department to finished goods account

Required 2 : Difference

Job Order Costing

Each production is unique and there may be no transfers to and from other departments. The is no inventory from previous processes as this is unique to the job order.

Process Costing (Currently in use)

There are transfers from and to other departments. Production is in sequence. For each departments we may also have inventories

Explanation:

Finishing Department Costs Calculation

Direct materials           $17,200

Direct labor                  $11,600

Applied overhead        $11,200

Total                            $40,000

Difference :

You should be able to see that the Journal entries above depicts a process costing system. Now provide reasons why this system differs from the job-order cost system. See the reasons above.

In the project initiation phase, the project proposal is known to  contains high-level details of the proposed project.

This is a project document that is known to carry all of the details that the project is supposed to have.

The proposal is known to have an outline of all that the stakeholders need to know about the work that is to be done.

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Answer:

The answer is B. project proposal

Explanation:

Federal and State Levels, are the expressing the recovery of the U.S. economy are the economic growth, and the wages and prices, and the employment.

What is economy?

The mechanism through which a nation or region organizes its money, industry, and trade is concerned to as its “economy.” The economy is the important part of the country. The primary sector of the economy is the industrial sector and agriculture sector.

According to the Federal and State Levels, there are the express the recovery of the U.S. the employment are the created the wages and the economy of the economic growth.

As a result, in the Federal and State Levels, are the expressing the recovery of the U.S. economy are the economic growth, and the wages and prices, and the employment.

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Answer:

Cook Company

a. The direct labor price variance and the direct labor efficiency variance for the year:

Direct labor price variance =  (Actual rate - Standard rate) * Actual hours

= $247,000 Favorable

Efficiency variance = (Actual hours - Standard hours) * Standard rate

= $94,500 Unfavorable

b. If all variances are written off to the Cost of Goods Sold:

Journal Entries:

Debit Work in Process $247,000

Credit Direct labor variance $247,000

To record the favorable direct labor price variance.

Debit Direct labor variance $94,500

Credit Work in Process $94,500

To record the unfavorable direct labor efficiency variance.

Debit Direct labor variance $152,500

Credit Cost of Goods Sold $152,500

To close the direct labor price variance.

c. The appropriate accounts are not indicated, though they should be Raw materials, Work in Process, and Cost of Goods Sold.  However, the ratios are not given for prorating.

Explanation:

a) Data and Calculations:

Standard direct labor hours per unit = 2

Standard rate per direct labor hour = $27

Production units = 60,000

Ending Finished goods = 4,800

Cost of goods sold units = 55,200

Actual direct labor hours used = 123,500

Standard hours = 120,000 (2 * 60,000)

Actual direct labor costs = $3,087,500

Actual direct labor price = $25 ($3,087,500/123,500)

Standard direct labor costs = $3,240,000 (120,000 * $27)

a. The direct labor price variance and the direct labor efficiency variance for the year:

Direct labor price variance =  (Actual rate - Standard rate) * Actual hours

= ($25 - $27) * 123,500

= $247,000 Favorable

Efficiency variance = (Actual hours - Standard hours) * Standard rate

= (123,500 - 120,000) * $27

= $94,500 Unfavorable

b. If all variances are written off to the Cost of Goods Sold:

Analysis of Journal Entries:

Work in Process $247,000 Direct labor variance $247,000

Direct labor variance $94,500 Work in Process $94,500

Direct labor variance $152,500 Cost of Goods Sold $152,500

($247,000 - $94,500)

Answer:

\(P = 20 - 2Q\)

Explanation:

\(Q = 10 - 0.5P\)

Price function can be estimated by inverting the demand function.

\(Q = 10 - 0.5P \\\\0.5P = 10 - Q\\P = 10/0.5 - Q/0.5 \\P = 20 - 2Q\)

This is the price function.

Total revenue function can be estimated using the given formula,

\(TR = P*Q \\ = (20 - 2Q) Q \\ = 20Q - 2Q^2\)

The linear demand function is given by,

\(Q = 400 - 250P \\\)

Price function is given by,

\(P = 1.6 - 0.004Q \\\)

Total revenue function is thus given by,

\(TR = P*Q \\ = 1.6Q - 0.004Q^2\)

\(Y = 5(2X+3)^2 - 2X^2 \\Y = 5(4X^2 + 9 + 12X) - 2X^2\\Y = 20X^2 + 45 + 60X - 2X^2\\Y = 18X^2 + 45 + 60X \\\)

The derivative of Y with respect to x is,

\(dY/dX = 36X + 60\\\)

Equating this equal to 0 we get,

\(36X + 60 = 0 \\36X = -60 \\X = -10/6 \\\\X= -1.66\)

Apple, Netflix, and Walmart have vastly different roles in the global economy, but they all have one thing in common: they have disrupted traditional business models and changed the way people consume products and services. These companies have become leaders in their respective industries and will continue to shape the global economy in the years to come.

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Answer:

Microsoft is the answer of it

Answer:

It is A. Pinning meh got it right ;)

Explanation:

Answer:

4

Explanation:

investing in a diversitified portfolio instead of trying to time the market

In year one, the Econoland economy has 10 workers, each working 2,000 hours per year (50 weeks at 40 hours per week).

a. $200,000

b. $210,080

c. 5.04 percent

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Answer:

The consumer surplus is 225,000

The producer surplus is 112,500

Explanation:

According to the given data we have the following:

Demand equation: Qd = 2500 - 5P

Supply equation: Qs = 1OP - 500

Therefore, the equilibrium is at demand equal to the supply

2500-5P=10P-500

15P=3000

P=200

Q=10P-500=10*200-500=1500

The inverse demand function is

P=500-0.2Q

Therefore, CS=0.5*(Pmax -Pe)*Qe

=0.5*(500-200)*1500

=225,000

The consumer surplus is 225,000

Regarding PS, maximum price or y-intercept of the demand curve

Pe and Qe are equilibrium price and quantity  the inverse supply curve

P=50+0.1Q

PS=0.5*(Pe-Pl)Qe

Pl=y intercept of supply curve

PS=0.5*(200-50)*1500

=112,500

The producer surplus is 112,500

The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.

The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.

Here are some ways the financial crisis in 2008 could have been avoided:

1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.

2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.

3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.

4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.

5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.

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