Question 6 Santa bought an option contract on Telstra shares with an exercise price of $60 and an expiry date of three months. The market price for Telstra shares today is $56.85. The call price is trading at $0.45. a) Calculate the break-even amount for the call position and draw a fully labelled diagram for both buyer of the option and seller of the option. b) At what minimum share price will the option buyer exercise the option on the expiration date? [5+2] = 7 marks

Edward will reach his goal of $20,000 in 6 years.

Given that Edward wants to invest in a bank CD that will pay him 8 percent annually and he wants to reach his goal of $20,000 after investing $13,000 today.

To determine when will he reach his goal of $20,000, let's use the formula:

`A = P(1 + r/n)^(n*t)`

where

A = Amount

P = Principal or initial investment

r = Annual interest rate

n = Number of times compounded per year

t = Number of years

Let's substitute the given values:

Initial Investment, P = $13,000

Future Value, A = $20,000

Annual Interest Rate, r = 8%

Number of years, t = ?

Now let's solve for t:

`A = P(1 + r/n)^(n*t)`

=> `(A/P) = (1 + r/n)^(n*t)`

=> `t = (log(A/P)) / (n * log(1 + r/n))`

Substituting the given values, we get:

t = (log(20000/13000)) / (1 * log(1 + 0.08/1))

t = 5.85

≈ 6 years

Hence, Edward will reach his goal of $20,000 in 6 years.

To know more about goal visit:

https://brainly.com/question/21032773

#SPJ11

The leadership theory that the AGM is following in this case is the situational theory of leadership. This theory suggests that leadership is contingent on the situation, and leaders adapt their style to fit the situation at hand.

In this case, the AGM believes that his subordinates are highly experienced, motivated, and disciplined, and therefore do not require constant direction. The AGM has placed his trust in their abilities and given them the autonomy to make decisions and take actions without constant supervision.

This leadership approach is known as delegative or laissez-faire leadership, where the leader trusts their subordinates to make the right decisions and take the necessary actions without the need for constant direction. The main answer to this question is that the AGM is following the situational theory of leadership, while the explanation includes the concepts of delegative or laissez-faire leadership.

to know more about leadership visit:

brainly.com/question/1232764

#SPJ11

a. The present value of the payments is €14,824.57.

Present Value = ∑(Future Value / (1 + Interest Rate)^n)

where:

Future Value = €5,000

Interest Rate = 3%

n = Number of years (3)

Present Value = ∑[tex](€5,000 / (1 + 0.03)^n) = €14,824.57[/tex]

When the interest rate rises, the current worth of the payments diminishes. The reason for this is that an increased interest rate results in greater discounting of the upcoming payment's future value.

c. When the anticipated value of future payments rises, there is a corresponding increase in the current value of those payments. The rationale behind this is that when the future value is higher, the current value of the payments also increases.

To sum up, the value of a series of payments at present is influenced by the interest rate in an inverse manner and its connection with the future value of payments is direct.

Read more about Future Value here:

https://brainly.com/question/30390035

#SPJ4

When a company establishes the structure of formal task relationships that determines formal communication channels and how departments are to coordinate the work they are organizing.

Organizing is a management function that involves developing an organizational structure and allocating human resources to ensure that an organization's goals are met. Organizing involves identifying jobs to be done, grouping the jobs into manageable units, establishing patterns of authority and communication, and developing means for coordinating and controlling group activities.

Organizing as a management function is concerned with creating formal structures that promote coordinated efforts, communication, and specialization. The aim of organizing is to create a structure that will help achieve the goals of the organization.

To learn more Organizing, visit here

https://brainly.com/question/30712100

#SPJ11

As a business analyst for a mid-sized sales and marketing company, I have been asked by the CEO to acquire a new Human Resources Information System (HRIS). Here's the long answer to this question.What is HRIS?A Human Resource Information System (HRIS)

is a software application that is designed to streamline and automate human resource management and employee data management processes. An HRIS solution can help companies with HR tasks such as employee onboarding, personnel data management, payroll processing, benefits administration, time and attendance tracking, and many more.What are the features of an HRIS?The main answer to this question is that HRIS solutions can have several features depending on the needs of a business. However, some of the essential features of an HRIS are as follows

Employee information management Performance tracking Payroll processing Benefits administration Applicant tracking Recruitment management Time and attendance tracking Employee self-service  HR analytic What are the benefits of using an HRIS An HRIS can provide numerous benefits to a company. Some of the key benefits include Efficiency and accur acyImproved data managementCost savingsReduced workloadImproved complianceEnhanced employee experienc eImproved decision-makingHow to select an HRIS?When selecting an HRIS, it is important to consider the following Compatibility with existing systems and softwareEase of useScalabilityVendor support and customer serviceCost and ROI The implementation processAn HRIS can help your company streamline HR tasks, increase efficiency, and improve the employee experience. Therefore, it is a crucial investment for businesses.

To know more about business  Visit;

https://brainly.com/question/15826771

#SPJ11

If you are the producer, your profit maximizing decision, given your isocost and isoquant is that you will produce at the highest isoquant, with the least cost.b

Option c is the correct answer. A producer will attempt to obtain the maximum possible profit. The following steps will help the producer to maximize his or her profit:Step 1: The producer must determine the cost of the required inputs to produce a specific product.Step 2: The producer should then consider the quantity of output that can be produced with the given inputs. This will be represented by the isoquant.Step 3: The producer should compare the isoquant and the isocost lines.

The isocost line depicts all of the possible input quantities that can be obtained for a given cost. The intersection of the isocost and isoquant lines will indicate the producer's profit-maximizing point.Step 4: The producer will produce at the highest possible isoquant, at the least possible cost. At this point, the slope of the isoquant is equal to the slope of the isocost line.

To know more about isocost visit:

https://brainly.com/question/31056938

#SPJ11

A decision maker who uses the maximax criterion when solving a problem under conditions of uncertainty is an optimist.

The maximax criterion is a method of making decisions that emphasizes getting the biggest reward or result possible without taking into account the probabilities connected to various outcomes. It is frequently employed by decision makers who have a positive outlook and are prepared to assume greater risks in the hopes of getting the best results.

However, under uncertain circumstances where the probabilities of various outcomes are unknown or uncertain, the maxima criterion is not appropriate. It only considers the best case scenario and ignores the likelihood of less desirable outcomes. This may result in unrealistic decisions and a failure to take potential risks and uncertainties into account.

Learn more about maximax criterion at

brainly.com/question/31039289

#SPJ4

The right-of-use asset is increased by prepaid lease payments, but reduced by lease incentives and the lessee’s initial direct costs. Option A is the correct statement.

The right-of-use asset is reduced by lease incentives and the lessee’s initial direct costs but increased by prepaid lease payments. The right-of-use asset is initially measured at the number of the lease liability, lease incentives received, adjusted for lease prepayments, the lessee’s initial direct costs such as commissions, and an estimated cost of dismantling restoration, and removal of an asset.

A lessee’s right to use an asset over the course of a lease is known as a right-of-use asset (ROU). it is calculated based on the lease liability, payments, costs, and incentives and It is an intangible asset that is recognized on the balance sheet.

To learn more about lease payments:

https://brainly.com/question/31444111

#SPJ4

False. The demand for popcorn is not determined by the number of producers willing and able to produce it.

The demand for popcorn is determined by consumer preferences, tastes, and purchasing power. It is influenced by factors such as price, income levels, marketing efforts, availability of substitutes, and consumer demographics.

The number of producers, on the other hand, affects the supply of popcorn. The supply is determined by the producers who are willing and able to bring popcorn to the market based on factors such as production costs, technology, resource availability, and market conditions. So, to clarify, the number of producers does not directly determine the demand for popcorn, but it can impact the supply of popcorn in the market.

Learn more about demographics here:

https://brainly.com/question/19721754

#SPJ11

The yield to maturity (YTM) of Abner Corporation's bonds is approximately 17.65%.

The yield to maturity (YTM) is the annualized rate of return an investor can expect to earn if they hold the bond until maturity. It represents the discount rate that equates the present value of the bond's future cash flows to its current market price.

In the given scenario, Abner Corporation's bonds have a maturity of 22 years and pay an annual interest rate of 15%. The purchase price of the bonds is $850.

To calculate the YTM, we need to find the discount rate that makes the present value of the bond's cash flows (annual interest payments and the final principal payment) equal to $850.

Using financial formulas or a financial calculator, the YTM of the bonds is determined to be approximately 17.65%.

This means that if you purchase the bonds for $850 and hold them until maturity, you can expect to earn an annualized rate of return of around 17.65%.

It's important to note that YTM assumes the bondholder reinvests all interest payments at the same rate, and there are no defaults or changes in market conditions during the bond's life.

Learn more about yield to maturity

brainly.com/question/26376004

#SPJ11

DDSB Limited is authorized to issue 60,000 common shares with a par value of $6. The journal entries for the given transactions are as follows:

a. Issued 2,000 shares at par value:

Cash (2,000 shares × $6)     12,000

   Common Stock                    12,000

b. Issued 500 shares at $8 per share:

Cash (500 shares × $8)          4,000

   Additional Paid-in Capital       1,000

   Common Stock                    3,000

c. Reacquired 700 shares at par value:

Treasury Stock                         4,200

   Common Stock                       4,200

In the first journal entries  transaction, DDSB Limited issued 2,000 common shares at their par value of $6 per share. The entry records an increase in cash of $12,000 and an increase in common stock of $12,000.

In the second transaction, DDSB Limited issued 500 common shares at a price of $8 per share. The entry records an increase in cash of $4,000, an increase in additional paid-in capital of $1,000, and an increase in common stock of $3,000.

In the third transaction, DDSB Limited reacquired 700 common shares at their par value of $6 per share. The entry records a decrease in treasury stock of $4,200 and a decrease in common stock of $4,200.

Learn more about journal entries

brainly.com/question/30499005

#SPJ11

Answer:

break the table into multiple tables

Explanation:

Answer:

B

Explanation:

Based on the Fisher Effect, we can conclude that the expected inflation rate is around 8%.Option c.

According to the Fisher Effect, the nominal interest rate is equal to the sum of the real interest rate and the expected inflation rate. In this scenario, the nominal interest rate is 10%, and the real interest rate is 2%. By rearranging the Fisher Equation, we can solve for the expected inflation rate.Nominal interest rate = Real interest rate + Expected inflation rate

10% = 2% + Expected inflation rate

Expected inflation rate = 10% - 2% = 8%

The Law of One Price, which relates to the concept of purchasing power parity, is not directly applicable to this scenario. It deals with the idea that identical goods in different countries should have the same price when expressed in a common currency. It is not directly related to the Fisher Effect or the determination of inflation rates.The statement about a stimulus check controlling inflation is unrelated to the Fisher Effect or the expected inflation rate.

The impact of a stimulus check on inflation depends on various factors such as the size of the stimulus, the overall state of the economy, and how the additional money is spent. Therefore, option d is not a relevant answer in this context. Option c.

for such more questions on  inflation

https://brainly.com/question/29515198

#SPJ11

Integrated marketing communications (IMC) involves using all of the promotional tools and resources to deliver a comprehensive, unified way to create a positive brand image and achieve the strategic marketing objectives of the firm.

IMC is a customer-centric approach to marketing that uses various promotional tools such as advertising, personal selling, sales promotions, public relations, and direct marketing to communicate a consistent message about the brand to customers. In this approach, the company creates a unified message and strategy across all channels to reach the target market in the most effective way possible.IMC involves combining the traditional marketing tools with modern communication tools like social media, email, and mobile apps. It is designed to deliver a consistent message across all touchpoints with the customer. It seeks to establish a two-way communication between the firm and its customers, with the aim of creating long-term relationships between them.

Furthermore, an integrated marketing communications approach enables companies to effectively reach their target audience by creating a cohesive message. It ensures that all marketing messages are consistent, which increases the likelihood that customers will remember the brand and take action. By using a strategic approach that integrates all of the promotional tools, businesses can achieve their marketing objectives and create a positive brand image.

To know more about Integrated marketing communications visit-

brainly.com/question/30389494

#SPJ11

The two Direct Labour varencies are Direct Labour Efficiency Variance = $17,825 (Favourable) and Direct Material Usage Variance = -$6,348 (Unfavourable)

Direct Material Variances:

a) Direct Material Price Variance:

Actual quantity purchased: 3,200 kg

Actual cost: $11,360

Standard price: $3.45 per kg

Calculation:

Direct Material Price Variance = (Actual Quantity Purchased x Standard Price) - Actual Cost

Direct Material Price Variance = (3,200 kg x $3.45/kg) - $11,360

Direct Material Price Variance = $11,040 - $11,360

Direct Material Price Variance = -$320 (Unfavourable)

Interpretation: The Direct Material Price Variance of -$320 indicates that the actual cost per kilogram of raw material purchased was higher than the standard cost.

This could be due to factors such as increased market prices or inefficient purchasing practices.

b) Direct Material Usage Variance:

Actual quantity used: 9,200 units

Standard usage: 0.8 kg per bed

Standard cost: $3.45 per kg

Calculation:

Standard quantity allowed = Standard usage per bed x Actual units sold

Standard quantity allowed = 0.8 kg/bed x 9,200 beds

Standard quantity allowed = 7,360 kg

Direct Material Usage Variance = (Standard Quantity Allowed x Standard Price) - (Actual Quantity Used x Standard Price)

Direct Material Usage Variance = (7,360 kg x $3.45/kg) - (9,200 kg x $3.45/kg)

Direct Material Usage Variance = $25,392 - $31,740

Direct Material Usage Variance = -$6,348 (Unfavourable)

Interpretation: The Direct Material Usage Variance of -$6,348 indicates that more raw material was used per unit of puppy bed than the standard.

This could be due to factors such as inefficient production processes, material waste, or suboptimal quality control.

Direct Labour Variances:

a) Direct Labour Rate Variance:

Actual hours worked: 5,750 hours

Actual cost: $93,725

Standard rate: $15.50 per hour

Calculation:

Direct Labour Rate Variance = (Actual Hours Worked x Standard Rate) - Actual Cost

Direct Labour Rate Variance = (5,750 hours x $15.50/hour) - $93,725

Direct Labour Rate Variance = $89,125 - $93,725

Direct Labour Rate Variance = -$4,600 (Unfavourable)

Interpretation: The Direct Labour Rate Variance of -$4,600 indicates that the actual cost per hour of direct labor was higher than the standard cost.

This could be due to factors such as increased wage rates, overtime payments, or inefficiencies in labor management.

b) Direct Labour Efficiency Variance:

Actual hours worked: 5,750 hours

Standard hours allowed: (Actual units sold x Standard labor time per bed)

Standard hours allowed: (9,200 beds x 0.75 hours/bed)

Standard hours allowed: 6,900 hours

Direct Labour Efficiency Variance = (Standard Hours Allowed x Standard Rate) - (Actual Hours Worked x Standard Rate)

Direct Labour Efficiency Variance = (6,900 hours x $15.50/hour) - (5,750 hours x $15.50/hour)

Direct Labour Efficiency Variance = $106,950 - $89,125

Direct Labour Efficiency Variance = $17,825 (Favourable)

Interpretation: The Direct Labour Efficiency Variance of $17,825 indicates that the actual labor hours worked were less than the standard hours allowed for the level of production achieved. This suggests that the company's workforce was more efficient than expected, resulting in labor cost savings.

For more questions on

https://brainly.com/question/27404735

#SPJ8

Question:JZ Treats Ltd wants to evaluate their production efficiency with regard to one of their top selling products - puppy beds. Budgeted production was 8,500 units with the following standard costs for inputs per unit: Standard Cost $3.45 per kg $15.50 per hour Standard Usage per bed 0.8 kg 0.75 hours Direct Material Direct Labour Actual operating results for the year were as follows: Inventory:Beginning inventory at the start of the year Closing inventory at the end of the year Inventory sold during the year 7.500 units 6,400 units 9,200 units Direct Material: Beginning Raw Material at the start of the year 11,500 kg Closing Raw Material at the end of the year 8,400 kg Raw Material purchased during the year 3,200 kg at an actual cost of $11,360 Direct Labour Actual Hours worked Actual Cost 5,750 hours $93,725 Required: Required: 1. Calculate the two Direct Material variances, clearly classify each as Favourable (F) or Unfavourable (U), and interpret what each variance is indicating about the business (4 marks) Direct Material Price Variance = $ Interpretation: Direct Material Usage Variance = $ Interpretation: 2. Calculate the two Direct Labour variances, clearly classify each as Favourable (F) or Unfavourable (U), and interpret what each variance is indicating about the business (4 marks) Direct Labour Rate Variance = $ Interpretation: Direct Labour Efficiency Variance = $ Interpretation.

Autonomous investment is income inelastic, meaning that changes in income do not significantly affect the amount of autonomous investment.

Autonomous investment is the investment spending that occurs regardless of changes in income and is typically funded through retained earnings, rather than borrowing. It is often associated with long-term capital investments that are not directly linked to the level of economic activity in the short run.

Inelastic demand refers to a situation in which changes in price have little effect on the quantity demanded. In the same way, autonomous investment is not significantly influenced by changes in income, meaning that it is also income inelastic. This means that even if the income of a country changes or increases, the autonomous investment remains stable.

For example, if a company has a plan to invest $10 million in a new factory, it will likely go through with the investment regardless of fluctuations in its income. The decision to make this investment is not dependent on the current level of income, but rather on the long-term strategic goals of the company. This is why autonomous investment is considered income inelastic.

In summary, autonomous investment is income inelastic, which means that changes in income do not significantly affect the amount of autonomous investment. Autonomous investment is independent of the level of economic activity in the short run and is usually associated with long-term capital investments that are not directly related to the level of income.

To know more about Autonomous investment  here

https://brainly.com/question/30101611

#SPJ11

a. The cashflow would have been USD 500 million divided by the forward rate, resulting in EUR 458.24 million. b. We cannot determine the exact cashflow for this option. c. The cashflow would be EUR 460.42 million.

To determine which option would have minimized Lufthansa's cashflows at the end of the year, we need to compare the different scenarios and calculate the cashflows under each option.

a) Be conservative. Cover the whole payable forward:

Under this option, Lufthansa would have entered into a forward contract to cover the entire payable amount in January 2017. This would have locked in the exchange rate at the forward rate of 1.0901 EUR/USD. The cashflow would have been USD 500 million divided by the forward rate, resulting in EUR 458.24 million.

b) Trust his instincts. Buy the dollar forward in January 2017:

This option implies that Lufthansa would wait until January 2017 and then buy the necessary dollars forward. The cashflow would again be USD 500 million divided by the forward rate of that time, which we don't have. Therefore, we cannot determine the exact cashflow for this option.

c) Buy USD now and hold them in a deposit for a year to settle the payable in January 2017:

Under this option, Lufthansa would convert EUR 500 million to USD at the spot rate of 1.0861. The USD would then be held in a deposit for a year, earning an interest rate of 3.5%. After a year, the deposit would have grown to USD 500 million plus interest. Converting it back to EUR at the spot rate after a year (1.0870), the cashflow would be EUR 460.42 million.

Comparing the cashflows, we can see that option c) would have minimized Lufthansa's cashflows at the end of the year, resulting in the smallest amount of EUR outflow (460.42 million). Therefore, buying USD at the spot rate and holding them in a deposit for a year would have been the optimal choice for Lufthansa to minimize their cashflows in this scenario.

for more such questions on cashflow

https://brainly.com/question/24179665

#SPJ11

In the staging of a concert or theatrical performance, the performers or artists earn more money than the behind-the-scenes people despite the latter putting in more hours of work. This can be explained using the general principle of factor pricing.

According to the principle of factor pricing, a factor of production is paid according to its contribution to the production process. Factors that contribute more are paid more, and those that contribute less are paid less. Hence, the wages of workers depend on their productivity.The performers or artists are considered to be highly productive because they are the ones who attract the audience.

They are the main reason for the event and are responsible for generating most of the revenue. The behind-the-scenes workers, on the other hand, play a supportive role and are responsible for the smooth running of the event. Their work is important, but not as critical as that of the performers or artists.The income earned by the performers or artists is an economic rent, which is a payment made to a factor of production that is in limited supply. There are a limited number of people who can perform at a high level, and they are in high demand.

As a result, their wages are high. The income earned by the behind-the-scenes workers is a normal profit. They are paid according to their contribution to the production process, which is less than that of the performers or artists.

Learn more about factor pricing at https://brainly.com/question/27144030

#SPJ11

Answer:

The awnser is B

Explanation:

took the test

Based on the annual worth method, it is more economical to treat the wastes internally rather than using the services of the outside company.

Calculating the annual worth of treating the wastes internally:

Cost of treatment in the first year: $20,000

Annual cost reduction due to process improvements: $2,000

Annual Worth = Cost of the first year + Annual cost reduction / Annual Worth Factor

Annual Worth Factor = (1 - (1 + MARR)^(-n)) / MARR

Annual Worth Factor = (1 - (1 + 0.05)^(-11)) / 0.05

Annual Worth Factor = 7.526

Annual Worth = $20,000 + ($2,000 / 7.526)

Annual Worth = $20,000 + $265.74

Annual Worth = $20,265.74

Annual worth of using the outside company:

Annual Worth (outside company) = $10,000

Since $20,265.60 > $10,000, the wastes should be treated internally.

For more information about annual worth method,

https://brainly.com/question/32628880

#SPJ4

the answer is B. short term bonds

Everything else equal, if you expect a larger interest rate increase than other market participants, you should option B. buy short-term bonds.

Usually, the interest rate is associated with the interest rate offered on a bond. If the Federal Reserve or any other central bank boosts interest rates, the rate of return on a bond will increase. The market then reduces the value of existing bonds, causing the interest rate on those bonds to rise. The rise in interest rates results in lower bond values since investors prefer newer, more lucrative alternatives. Therefore, it is crucial to assess the market to determine whether to hold, purchase, or sell bonds.

The value of short-term bonds is lower than that of long-term bonds. Because short-term bonds mature more quickly, they are less vulnerable to variations in interest rates than long-term bonds. As a result, if you expect a larger interest rate increase than other market participants, you should buy short-term bonds.

To know more about market click here:

https://brainly.com/question/15483550

#SPJ11

Answer: D. Math, literacy, natural sciences, and social sciences​

Explanation:

General Education Requirements prepares students with the skills that are needed to enhance their employability and also help them in course of life. Some of these skills include oral and written communication, problem solving, critical thinking, etc.

Some of the subjects that would normally fall under general education requirements at college are Writing, Mathematics, Social science, Natural science, Global awareness, Diversity. etc.

The quick ratio, also known as the acid-test ratio, is a measure of a company's liquidity and ability to meet short-term obligations without relying on inventory. It is calculated by dividing the sum of cash, short-term investments, and accounts receivable by current liabilities.

Given the following financial data:

Cash: $64,000

To calculate the quick ratio, we need to exclude the inventory from the current assets, as it is not as easily converted to cash.

Quick Assets = Cash + Short-Term Investments + Accounts Receivable

Current Liabilities = Accounts Payable

Quick Ratio = Quick Assets / Current Liabilities

Therefore, the quick ratio for Crew Restaurant is approximately 2.73.

Investment is an activity, either directly or indirectly, with the hope that in the future the owner of the capital will receive a number of benefits from the results of the investment.

Learn More About investments at brainly.com/question/29547577

#SPJ11

In a health maintenance organization (HMO), the payment plan typically involves the client paying the insurer a percentage of the total cost for each service provided by the healthcare provider. This payment model is known as a fee-for-service arrangement so this is true.

Under this system, when a client receives medical services from a healthcare provider, the provider bills the insurer for the services rendered. The insurer then pays a percentage of the total cost to the healthcare provider, and the client is responsible for paying the remaining portion, which is usually in the form of copayments or deductibles.

The purpose of this payment plan is to distribute the cost of healthcare between the insurer and the client, ensuring that both parties contribute to the expenses incurred. It also incentivizes clients to consider the cost implications of the services they receive, as they bear a portion of the financial responsibility.

It's important to note that while HMOs commonly follow this payment plan, the specific details may vary depending on the HMO and the terms of the insurance contract. Some services may have different coverage levels or payment arrangements, and certain preventive or routine services may be covered entirely by the insurer without any cost-sharing by the client.

For more such questions on health maintenance organization

https://brainly.com/question/14017920

#SPJ8

Ollie Company's stockholders' equity increased to $91,000 during its first year of operations, primarily due to the issuance of common stock and the generation of net income.

OLLIE COMPANY

Statement of Changes in Stockholders' Equity

For the Period Ended December 31, Year 1

Beginning common stock: $0

Plus: Common stock issued: $72,000

Ending common stock: $72,000

Beginning retained earnings: $10

Plus: Net income: $16,000

Less: Dividends: $7,000

Ending retained earnings: $19,000

Total stockholders' equity: $91,000

In the first year of operations, Ollie Company experienced several events that affected its stockholders' equity. The company acquired $72,000 cash from the issue of common stock, which increased the common stock balance. The beginning common stock of $0 was augmented by the common stock issued during the year.

The company also generated $59,000 of cash revenue from its operations, which contributed to the net income. The beginning retained earnings balance of $10 was increased by the net income of $16,000. However, the company paid $7,000 in cash dividends to the stockholders, which reduced the retained earnings balance.

After considering all the events, the ending common stock balance was $72,000, and the ending retained earnings balance was $19,000. These two components, along with the beginning common stock and beginning retained earnings, contribute to the total stockholders' equity of $91,000. This statement provides a summary of the changes in stockholders' equity during Ollie Company's first year of operations.

To learn more about stockholders' equity

https://brainly.com/question/30397975

#SPJ11

Complete question:

3 Book Hint rint ences Ollie Company experienced the following events during its first-year operations: 1. Acquired $72,000 cash from the issue of common stock. 2. Borrowed $26,000 from the First City Bank. 3. Earned $59,000 of cash revenue. 4. Incurred $43,000 of cash expenses. 5. Paid a $7,000 cash dividend. 6. Paid $43,000 to purchase land. Required Prepare a statement of changes in stockholders' equity. OLLIE COMPANY Statement of Changes in Stockholders' Equity For the Period Ended December 31, Year 1 Beginning common stock $ 0 Plus: Common stock issued 72,000 Ending common stock Beginning retained earnings 10 Plus: Net income 16,000 Less: Dividends Ending retained earnings Total stockholders' equity $ $ 72,000 9,000 81,000

The income statement using variable costing for Nelter Corporation would include sales, expenses and net income.

An income statement, also known as a profit and loss statement, is a financial statement that provides a summary of a company's revenues, expenses, and net income or loss for a specific period.

When prepared using variable costing, the income statement focuses on the variable costs associated with producing goods or services.

The income statement is:

Sales                                                                             $ 802, 500

Variable expenses

Direct materials                                       $ 301, 740

Direct labor                                              $ 154, 080

Variable manufacturing cost                   $ 19, 260

Variable selling and admin.                   $ 115, 560       $ 590, 640

Contribution margin                                                      $ 211, 860

Fixed expenses

Fixed manufacturing overhead               $ 105, 570

Fixed selling expense                              $ 89, 880       $ 195, 450

Operating income                                                            $ 16, 410

Find out more on income statements at https://brainly.com/question/31117076

#SPJ4

Question is:

Prepare a contribution format income statement for the month using variable costing.

Climate, land availability, government regulations, scientific developments, and consumer demand are the main variables affecting rubber production in Malaysia. These elements have a variety of effects on the glove industry's use of cartons.

First of all, more gloves may be manufactured, which would raise the demand for cartons to package and ship the gloves. Additionally, variations in rubber manufacturing may have an indirect impact on carton utilization by changing the availability and cost of raw materials used to make gloves. The adoption of eco-friendly packaging options by the glove business may also be influenced by sustainability programs and laws, perhaps resulting in a decrease in the use of cartons. Overall, the dynamics of rubber production in Malaysia have a big impact on how many cartons are used in the glove sector.

To know more about eco-friendly packaging, here

brainly.com/question/25650530

#SPJ4

--The complete Question is, What are the key factors influencing rubber production in Malaysia and its impact on the glove industry in terms of carton usage?--

The nominal annual rate of interest compounded semi-annually is approximately 11.92%.

To calculate the nominal annual rate of interest compounded semi-annually, we can use the following formula:

Nominal Rate = [(Payment Amount * Number of Periods) / Present Value] [tex]^ (1 / Number of Periods)[/tex] - 1

Given:

Payment Amount = $1,850

Number of Periods = 9 years * 12 months = 108 months

Present Value = $125,000

Let's calculate the nominal annual rate of interest:

Nominal Rate = [($1,850 * 108) / $125,000] [tex]^ (1 / 108)[/tex] - 1

Nominal Rate = (199,800 / $125,000) [tex]^ (1 / 108)[/tex] - 1

Nominal Rate = (1.5984) [tex]^ (1 / 108)[/tex] - 1

Nominal Rate ≈ 0.01192 or 1.192%

Therefore, the nominal annual rate of interest compounded semi-annually is approximately 1.192% or 11.92%.

Learn more about nominal

brainly.com/question/31573192

#SPJ11

1. Parallel imports can drive down prices of products in the target region as people opt for cheaper parallel imports. 2. The globalization of markets has significantly affected retail distribution, and the evolution of different retail channels will continue as technology advances.

1. Causes and solutions of parallel imports and their effect on price

Parallel imports are goods that are imported from one country to another without the permission of the intellectual property owner. One of the primary reasons behind parallel imports is the price differences between different regions. When there is a price difference between different regions, people tend to import goods from the cheaper regions and sell them in the more expensive regions.

The primary solution to parallel imports is to reduce price differences between different regions. Additionally, companies can also introduce unique product features, and product warranties to discourage parallel imports. However, parallel imports can have a significant effect on price. Parallel imports can drive down prices of products in the target region as people opt for cheaper parallel imports.

2. How the globalization of markets affects retail distribution

The globalization of markets has had a significant impact on retail distribution. The emergence of the internet has enabled retailers to reach customers worldwide, regardless of geographical boundaries. As a result, retailers are no longer limited to their physical locations. Retailers can now serve customers in different countries. The rise of e-commerce has made it possible for retailers to reach customers in remote locations where physical stores would not be feasible.

However, the globalization of markets has also led to the evolution of different retail channels. For instance, some retailers operate online while others operate physical stores. The new role of these channels will be to provide customers with a seamless experience across all channels.

For more about technology:

https://brainly.com/question/9171028

#SPJ11

1. Income statements:

Garcon Company:

Sales: $195,030

Cost of Goods Sold: ($12,000 + $14,500 + $7,250 + $33,000) + ($19,000 + $27,000 + $9,000) - ($17,650 + $22,000 + $5,300) = $40,200

Gross Profit: $195,030 - $40,200 = $154,830

Operating Expenses: $21,000 + $9,450 + $4,780 = $35,230

Net Income: $154,830 - $35,230 = $119,600

Pepper Company:

Sales: $290,010

Cost of Goods Sold: ($16,450 + $19,950 + $9,000 + $52,000) + ($35,000 + $22,750 + $12,000) - ($13,300 + $16,000 + $7,200) = $97,550

Gross Profit: $290,010 - $97,550 = $192,460

Operating Expenses: $43,000 + $10,860 + $1,500 = $55,360

Net Income: $192,460 - $55,360 = $137,100

2. Current assets section of the balance sheet:

Garcon Company:

Cash: $20,000

Accounts Receivable: $13,200

Finished Goods Inventory: $17,650

Work in Process Inventory: $22,000

Raw Materials Inventory: $5,300

Total Current Assets: $78,150

Pepper Company:

Cash: $15,700

Accounts Receivable: $19,450

Finished Goods Inventory: $13,300

Work in Process Inventory: $16,000

Raw Materials Inventory: $7,200

Total Current Assets: $71,650

In summary, Garcon Company has a net income of $119,600 and total current assets of $78,150, while Pepper Company has a net income of $137,100 and total current assets of $71,650.

Learn more about Company here:

https://brainly.com/question/30532251

#SPJ11