The statement "MIEC operators are events or conference organizers" is true because the MIEC stands for Malaysian International Exhibition & Convention Centre, which is a company that operates and manages venues for events and conferences.
MIEC has a team of experienced professionals that provide a wide range of services, such as venue management, event coordination, marketing, and audiovisual support. MIEC operators manage multiple venues that host various events, including exhibitions, conventions, conferences, concerts, and corporate meetings.
They provide clients with customized solutions and services to meet their specific needs and requirements. MIEC operators have a good understanding of the industry and the latest technologies and trends that enable them to deliver exceptional results.
Learn more about conference https://brainly.com/question/12697609
#SPJ11
Exercise 5-3A Classifying costs and identifying the appropriate cost driver Anniston Manufacturing incurred the following costs during Year 2 to produce its high-quality preci- sion instruments. The company used an activity-based costing system and identified the following activities: 1. Depreciation on manufacturing equipment. 2. Materials handling. 3. Inventory storage. 4. Inspection of each batch produced. 5. Salaries of receiving clerks. 6. Setup for each batch produced. 7. Insurance on production facilities. Required a. Classify each activity as a unit-level, batch-level, product-level, or facility-level activity. b. Identify an appropriate cost driver (allocation base) for each activity.
The cost driver or allocation base is a factor that measures the consumption of resources by each activity and is used to allocate the costs to products or services.
a. Classifying activities as unit-level, batch-level, product-level, or facility-level:
Depreciation on manufacturing equipment: Facility-level activity.
Materials handling: Batch-level activity.
Inventory storage: Product-level activity.
Inspection of each batch produced: Batch-level activity.
Salaries of receiving clerks: Unit-level activity.
Setup for each batch produced: Batch-level activity.
Insurance on production facilities: Facility-level activity.
b. Identifying an appropriate cost driver (allocation base) for each activity:
Depreciation on manufacturing equipment: The cost driver could be machine hours or production hours.
Materials handling: The cost driver could be the number of batches or the number of material movements.
Inventory storage: The cost driver could be the average inventory value or the square footage of storage space.
Inspection of each batch produced: The cost driver could be the number of batches or the number of inspections.
Salaries of receiving clerks: The cost driver could be the number of units received or the number of receiving transactions.
Setup for each batch produced: The cost driver could be the number of setups or the setup time.
Insurance on production facilities: The cost driver could be the total value of production facilities or the square footage of production facilities.
Note: The choice of cost driver may vary depending on the specific circumstances and the company's cost allocation methodology.
for more such questions on consumption
https://brainly.com/question/30623688
#SPJ11
QUESTION 33 Table 3-8 Assume that Pablo and Micah can switch between producing basebals and producing bats at a constant rate Labor Hours Needed Quantity Produced to Make 1 in 36 Hours baseball baseball bat bat 3 Pablo 36 12 Micah 2 36 18 Refer to Table 3-8. Assume that Pablo and Micah each has 36 labor hours available. Originally, each person divided his time equally between the production of baseballs and bats. Now, each person spends all his time producing the good in which they have a comparative advantage. As a result, the total output of bats increased by O=3 ODO OcB 1 ponts
There will be a 3 % increase in bat production, as both species specialize in producing goods where they have a competitive advantage.
One baseball takes Pablo one hour to make, while one bat takes three hours to make. Therefore, if Pablo allocates 36 to both the manufacturing of baseballs and bats, the production of baseballs will equal 18/1=18 and that of bats will equal :
= 18/3
=6.
18 hours will be spent on bats and 18 hours on baseballs
= 36/2
= 18.
Micah will also produce 18/1 baseballs and 18/2 bats due to his ability to produce bats in just two hours.
Presently if both Pablo and Micah Represent considerable authority in the development of products in which they enjoy near benefit :
Micah has a clear advantage over Pablo in the production of bats because it takes Micah only two hours to make a bat, whereas Pablo takes three hours. As a result, Micah will focus on bats, while Pablo will focus on baseballs.Now, if Micah spends all 36 hours making bats, the total number of bays produced will be :
36/2
=18, and
Pablo will make 36/1
= 36 baseballs.
Prior creation of Bats was :
= 6+9
=15
( 6 bats were prior delivered by Pablo and 9 bats were before delivered by Micah) .
New creation of bats is 18 subsequently expansion in the development of bats is :
= 18-15
= 3.
Hence , There will be a 3 % increase in bat production, as both species specialize in producing goods where they have a competitive advantage.
Learn more about Comparative advantage:
brainly.com/question/31358892
#SPJ4
52F%252Fnewconnect %252F#/activity/q... Help Save & Exit - Chapters 1 to 4 i Saved Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consultin
1. Effects of activities listed in (a) through (h):
(a) Collected $940 from a credit customer.
Increase in Cash: $940
Increase in Accounts Receivable: $940
Explanation of equity transaction: No Affect on Equity
(b) Paid $3,200 for equipment purchased on account in June.
Decrease in Equipment: $3,200
Decrease in Accounts Payable: $3,200
Explanation of equity transaction: No Affect on Equity
(c) Did work for a client and collected cash; $2,500.
Increase in Cash: $2,500
Increase in Revenue: $2,500
Explanation of equity transaction: Revenue
(d) Paid a part-time consultant’s wages; $1,090.
Decrease in Cash: $1,090
Decrease in Expenses: $1,090
Explanation of equity transaction: Expenses
(e) Paid the July rent; $2,600.
Decrease in Cash: $2,600
Decrease in Expenses: $2,600
Explanation of equity transaction: Expenses
(f) Paid the July utilities; $1,300.
Decrease in Cash: $1,300
Decrease in Expenses: $1,300
Explanation of equity transaction: Expenses
(g) Performed services for a customer on credit; $2,300.
Increase in Accounts Receivable: $2,300
Increase in Revenue: $2,300
Explanation of equity transaction: Revenue
(h) Called an information technology consultant to fix the agency’s photo editing software in August; it will cost $490.
Increase in Expenses: $490
Decrease in Cash: $490
Explanation of equity transaction: Expenses
Liabilities refer to the financial obligations or debts that a company or individual owes to external parties. They represent the claims against the company's assets and can include accounts payable, loans, accrued expenses, and other outstanding obligations. Liabilities are recorded on the balance sheet and reflect the financial responsibilities that need to be fulfilled in the future.
2. Income statement for July 2020:
Revenue:
Service Revenue: $2,500 + $2,300 = $4,800
Expenses:
Wages Expense: $1,090
Rent Expense: $2,600
Utilities Expense: $1,300
IT Consultant Expense: $490
Net Income:
Net Income = Revenue - Expenses
Net Income = $4,800 - ($1,090 + $2,600 + $1,300 + $490)
3. Statement of changes in equity for July 2020:
Natalie Gold, Capital:
Beginning Capital: $15,800
Add: Net Income
Deduct: Owner Withdrawal (if any)
4. Balance sheet for July 2020:
Assets:
Cash: $7,400 (Beginning balance) + $940 (Collection from credit customer) + $2,500 (Cash collected from client) - $3,200 (Payment for equipment) - $1,090 (Consultant's wages) - $2,600 (Rent payment) - $1,300 (Utilities payment) - $490 (IT consultant cost)
Accounts Receivable: $2,600 (Beginning balance) + $2,300 (Services performed on credit) - $940 (Collection from credit customer)
Supplies: $3,300 (Beginning balance)
Equipment: $7,900 (Beginning balance) - $3,200 (Payment for equipment)
Liabilities:
Accounts Payable: $5,400 (Beginning balance) - $3,200 (Payment for equipment)
Equity:
Natalie Gold, Capital: Beginning balance + Net Income - Owner Withdrawal
Learn more about Liabilities here:
https://brainly.com/question/32531866
#SPJ4
Your question is incomplete; most probably, your complete question is this:
Natalie Gold is the owner of the marketing agency Vivid Voice. The company focuses on online consulting services, such as online marketing campaigns and blog services. The June transactions for Vivid Voice resulted in totals at June 30, 2020, as shown in the following accounting equation format: Assets = Liabilities + Equity Cash + Accounts Receivable + Supplies + Equipment = Accounts Payable + Natalie Gold,Capital Explanation of Equity Transaction $7,400 + $2,600 + $3,300 + $7,900 = $5,400 + $15,800 During July, the following occurred: Collected $940 from a credit customer. Paid $3,200 for equipment purchased on account in June. Did work for a client and collected cash; $2,500. Paid a part-time consultant’s wages; $1,090. Paid the July rent; $2,600. Paid the July utilities; $1,300. Performed services for a customer on credit; $2,300. Called an information technology consultant to fix the agency’s photo editing software in August; it will cost $490. 1. Show the effects of the activities listed in (a) through (h). For each transaction that affects equity, select the appropriate description beside it (owner investment, owner withdrawal, revenue, expenses provided in the dropdown). (Enter all amounts as positive values. If the transaction/event does not affect equity or does not require a journal entry, select "No Affect on Equity" in the 'Explanation of equity transaction' field.) 2. Prepare an income statement for July 2020. 3. Prepare a statement of changes in equity for July 2020. 4. Prepare an balance sheet for July 2020. Analysis Component: Review Gold’s balance sheet. How much of the assets are financed by Gold? How much of the assets are financed by debt? (Do not round intermediate calculations.)
Small cap stocks have a market capitalization of less than $2
billion
Group of answer choices
True OR False
True Small cap stocks have a market capitalization of less than $2 billion. Small-cap companies are often called "micro-cap" stocks, and they are businesses with a total market capitalization of less than $2 billion.
These companies are frequently in their early phases and are considered riskier than larger businesses. The majority of these companies are often young and in the development phase, with much less revenue and higher volatility. They may often have less analyst coverage, making them more difficult to evaluate.
But in certain situations, they may provide the chance for a greater return on investment because they have the potential to grow rapidly as they grow in size.Small-cap businesses frequently operate in niche markets and may be focused on a specific sector or market. Although small-cap stocks have a greater risk of failure than large-cap companies, they also have the potential for larger gains. The greater the risk, the greater the potential rewards. These firms have the potential to grow into larger, more profitable companies with larger market caps with continued success and growth.
To know more about capitalization visit:
https://brainly.com/question/29946431
#SPJ11
For the entries below, identify the account to be debited and the account to be credited. Indicate which of the accounts is the income statement account and which is the balance sheet account. Assume the company records prepayments of expenses in asset accounts, and cash receipts of unearned revenues in liability accounts.
a. Entry to record services revenue earned that was previously received as cash in advance.
b. Entry to record services revenue earned but not yet billed or recorded.
c. Entry to record annual depreciation expense.
d. Entry to record interest revenue earned but not yet collected (nor recorded)
e. Entry to record janitorial expense incurred but not yet paid
Liability accounts are a category of accounts in the financial statements that represent obligations or debts owed by a company to external parties. These accounts reflect the company's obligations to repay borrowed funds, make future payments, or provide goods or services in the future
a. Debit: Unearned Revenue (Liability Account)
Credit: Services Revenue (Income Statement Account)
b. Debit: Accounts Receivable (Asset Account)
Credit: Services Revenue (Income Statement Account)
c. Debit: Depreciation Expense (Income Statement Account)
Credit: Accumulated Depreciation (Balance Sheet Account)
d. Debit: Accounts Receivable (Asset Account)
Credit: Interest Revenue (Income Statement Account)
e. Debit: Janitorial Expense (Income Statement Account)
Credit: Accounts Payable (Liability Account)
Learn more about revenues here-
https://brainly.com/question/29786149
#SPJ4
Chris as a housekeeper starting on January 2 at $754 monthly. Angel does not withhold any federal taxes. Assume that Chris is not a housekeeper for anyone else. Assume that Angel paid $2,262 in wages for the fourth quarter of 2021. Required:
How much in social security tax should Angel pay?
Angel should pay approximately $140.32 in Social Security tax for the wages paid to Chris in the fourth quarter of 2021.
To calculate the amount of Social Security tax that Angel should pay for the wages paid to Chris, we need to consider the Social Security tax rate and the wage base limit set by the government.
For the year 2021, the Social Security tax rate is 6.2% of wages, and the wage base limit is $142,800. This means that Social Security tax is only applicable to wages up to the wage base limit.
Given that Angel paid $2,262 in wages for the fourth quarter of 2021 to Chris, we need to check if this amount exceeds the wage base limit. If it does, we will calculate the Social Security tax based on the wage base limit. If it does not, we will calculate the Social Security tax based on the actual wages paid.
Step 1: Check if wages exceed the wage base limit:
$2,262 < $142,800 (wage base limit)
Since the wages paid to Chris in the fourth quarter are less than the wage base limit, we will calculate the Social Security tax based on the actual wages paid.
Step 2: Calculate the Social Security tax:
Social Security tax = (Wages paid) * (Social Security tax rate)
= $2,262 * 0.062
= $140.32
For more such question on tax. visit :
https://brainly.com/question/28798067
#SPJ8
Consider a game involving two software developers: A and B. Firm A has developed a new app that it is certain will sell well. Firm B can clone the app with its own engineers, but it can clone at a lower cost if it can hire away some of A’s software engineers. Recognizing this, firm A can choose to include in its employment contract a preemptive clause that bars its engineers from working for another software firm for a certain period of time if they resign from A. However, inserting such a clause makes firm A a less attractive place to work. As a result, A must pay its engineers an above-market salary if it adds a preemptive clause to its employment contract. If B decides to pursue cloning the app, A must decide how to react. Firm A can choose to fight B by aggressively advertising its app (which is costly but gives A a larger market share), or it can choose to forego the expense of advertising and share the market 50/50 with firm B. The payoffs (A,B) are as follows. If A preempts and B does not clone, the payoffs are (400, 0). If A preempts, B clones, and A fights, the payoffs are (170, -50). If A preempts, B clones, and A shares, payoffs are (150, 50). If A does not preempt and B does not clone, payoffs are (500, 0). If A does not preempt, B clones, and A fights, payoffs are (230, 90). Finally, if A does not preempt, B clones, and A shares, payoffs are (250, 150). (a) Describe all possible strategies for each firm. (b) Present the game in strategic form.(c) Identify all Nash Equilibria. (d) Which of the Nash Equilibria identified in (c) are subgame perfect? (e) What is your prediction regarding the how A and B will play this game?
(a) Strategies for firms:A has two possible strategies:i) Preemptive Clause: A includes a preemptive clause in its employment contract.ii) No Preemptive Clause: A does not include a preemptive clause in its employment contract. B has two possible strategies:i) Clone: B decides to clone A's app.ii) Not Clone: B decides not to clone A's app.
(b) The game in strategic form: Firm A / Firm B | Clone | Not ClonePreempt | (170,-50) | (150, 50)Not Preempt | (230, 90) | (250,150)
(c) Nash Equilibria:A Nash equilibrium is a solution concept of a non-cooperative game, in which each player is assumed to know the equilibrium strategies of the other players, and no player has anything to gain by changing only their strategy.
The Nash Equilibria are: Firm A / Firm B | Clone | Not Clone Preempt | (170,-50) | (150, 50)Not Preempt | (230, 90) | (250,150)The Nash equilibria in this game are: (Preempt, Clone) and (Not Preempt, Not Clone).
(d) Subgame perfect Nash Equilibrium (SPNE):A subgame perfect Nash equilibrium is a refinement of a Nash equilibrium used in dynamic games.
A strategy profile is a subgame perfect Nash equilibrium if it represents a Nash equilibrium of every subgame of the original game. In this game, the only subgame occurs if A preempts. The subgame perfect Nash equilibrium is (Preempt, Clone). In this Nash equilibrium, if A preempts, B will clone, and then A will fight.
(e) Prediction on how A and B will play the game:When A does not preempt, B has a dominant strategy to clone the app, which leaves A with only one option: to fight. When A preempts, B has a dominant strategy to share the market, which leaves
A with two options: to fight or to share the market. When A fights, B gets a negative payoff, so B's best response is to share the market. Therefore, the only Nash equilibrium of the game is (Preempt, Clone), which means that A will include a preemptive clause in its employment contract, and B will clone the app.
For more questions on: Strategies
https://brainly.com/question/28561700
#SPJ11
Computing and Recording Cost and Depreciation of Assets (Straight-Line Depreciation) LOB- 2,8-3 [The following information applies to the questions displayed below) Shahia Company bought a building for $84,000 cash and the land on which it was located for $109,000 cash. The company paid transfer costs of $11,000 ($5,000 for the building and $6,000 for the land) Renovation costs on the building before it could be used were $24,000
The company paid $84,000 cash to purchase the building. The land on which it was located was bought for $109,000 cash.
The company also paid transfer costs of $11,000, which are divided into two: $5,000 for the building and $6,000 for the land. Before the building was used, the company paid $24,000 for renovation costs. In total, the company paid $228,000.The purchase cost of the land on which the building was located is $109,000. The company also spent $11,000 on transfer costs ($5,000 for the building and $6,000 for the land), which brings the total cost to $120,000. After the renovation costs of $24,000, the total cost of the building and land is now $144,000. The straight-line depreciation method is a common method of depreciation used in accounting that is used to depreciate the value of an asset over its useful life. This method assumes that an asset will lose an equal amount of value each year. To calculate straight-line depreciation, you need to subtract the salvage value from the cost of the asset, and then divide that amount by the useful life of the asset. The salvage value is the amount that the asset is expected to be worth at the end of its useful life.
For example, if the cost of the asset is $144,000 and its salvage value is $24,000, and its useful life is 10 years, then the annual straight-line depreciation expense would be ($144,000 - $24,000) / 10 = $12,000 per year.
To know more about Depreciation visit:
https://brainly.com/question/30531944
#SPJ11
Green Forest Corp.'s 2020 income statement showed the following: profit, $290,600; depreciation expense, building, $33,000; depreciation expense, equipment, $6,530; and gain on sale of equipment, $5,000. An examination of the company's current assets and current liabilities showed that the following changes occurred because of operating activities: accounts receivable decreased $14,450; merchandise inventory decreased $41,000; prepaid expenses increased $2,930; accounts payable decreased $7,330; and other current payables increased $1,090. Use the indirect method to calculate the cash flow from operating activities.
Cash flow from operating activities by indirect method is:
Net income: $290,600
Add back non-cash expenses:
Depreciation expense, building: $33,000
Depreciation expense, equipment: $6,530
Subtract gain on sale of equipment: ($5,000)
Adjust for changes in current assets and liabilities:
Accounts receivable: +$14,450
Merchandise inventory: +$41,000
Prepaid expenses: ($2,930)
Accounts payable: ($7,330)
Other current payables: +$1,090
Cash flow from operating activities: $371,410
Therefore, the cash flow from operating activities is $371,410.
To calculate the cash flow from operating activities using the indirect method, the net income is adjusted for non-cash expenses such as depreciation and amortization, and gains or losses on the sale of assets. Then, changes in current assets and liabilities are adjusted for to reflect the actual cash flows from operating activities. Increase in Current liabilities is added and Decrease in Current Assets is added back while Decrease in Current liabilities is subtracted and Increase in Current Assets is subtracted back from net income.
To know more about Cash flow here
https://brainly.com/question/10714011
#SPJ4
Jaden (single) has a traditional IRA to which he has made only deductible contributions. At the end of 2022, Jaden is 74 years old. Jaden's required minimum distribution (RMD) from his IRA for 2022 is $5,200. Before considering the RMD, Jaden's AGI is $102,000. Jaden does not itemize deductions. a. What is Jaden's AGI if Jaden receives the RMD and donates the $5,200 distribution proceeds to a qualifying charity? b. What is Jaden's AGI if Jaden directs the IRA trustee to transfer the $5,200 distribution directly to a qualifying charity as a qualified charitable donation (QCD)?
a) The value of Jaden's AGI would be $96,800.
b) Jaden's AGI will be $102,000 Jaden directs the IRA trustee to transfer the $5,200 distribution directly to a qualifying charity as a qualified charitable donation (QCD).
a. Jaden's AGI if he donates the $5,200 distribution proceeds to a qualifying charity
After considering the $5,200 distribution proceeds for a qualifying charity, Jaden's AGI would be $96,800.
b. Jaden's AGI if he transfers $5,200 to a qualified charitable donation (QCD)
If Jaden transfers $5,200 to a qualified charitable donation (QCD), Jaden's AGI will be $102,000, the same as it was before the qualified charitable distribution.
So, if he directly transfers his RMD to a qualified charity as a qualified charitable donation (QCD), it would not be taxable.
Learn more about QCD at:
https://brainly.com/question/26366198
#SPJ11
10) Watson Corporation manufactures two products, Simple and Complex. The following annual information was gathered: Simple Complex Selling price per unit $47.00 $26.00 Variable cost per unit 42.00 22.00 Total annual fixed costs are $18,000. Assume demand for either product exceeds the factory's capacity. It takes one hour to make one unit of Complex. However, Simple takes 50% longer to manufacture when compared to Complex. Only 120,000 hours of plant capacity are available. How many units of Simple and Complex should Watson Corporation produce and sell in a year to maximize profits? A) an equal number of Simple and Complex B) 0 units of Simple and 120,000 units of Complex C) either Simple or Complex; it does not matter D) 80,000 units of Simple and 0 units of Complex
To determine the optimal production and sales quantities for Simple and Complex, we need to calculate the contribution margin per unit for each product and consider the available plant capacity.
First, let's calculate the contribution margin per unit for each product:
Contribution margin per unit = Selling price per unit - Variable cost per unit
For Simple:
Contribution margin per unit = $47.00 - $42.00 = $5.00
For Complex:
Contribution margin per unit = $26.00 - $22.00 = $4.00
Next, we need to determine the production time for Simple relative to Complex. Since Simple takes 50% longer to manufacture, it will require 1.5 hours per unit, while Complex requires 1 hour per unit.
Given that there are 120,000 hours of plant capacity available, we can set up the following equations:
1.5x + y ≤ 120,000 (production time constraint)
x ≥ 0 (non-negativity constraint)
y ≥ 0 (non-negativity constraint)
Where x represents the number of units of Simple to produce and sell, and y represents the number of units of Complex to produce and sell.
To maximize profits, we need to maximize the total contribution margin, which can be expressed as:
Total contribution margin = 5x + 4y
Subject to the constraints mentioned above.
Using this information, we can solve the linear programming problem to find the optimal solution. However, based on the given information, we cannot determine the exact quantities of Simple and Complex that should be produced and sold without additional information or specific objectives (e.g., maximizing profits, maximizing revenue, etc.).
Therefore, the answer should be either C) either Simple or Complex; it does not matter, or there is insufficient information provided to determine the optimal production and sales quantities.
To know more about manufacture click here:-
https://brainly.com/question/13440987
#SPJ4
Identify all of the methods used to mitigate agency problems (select all correct answers).
1). Replace a board of directors with proxy voting
2). Give management resources to spend on personal items
3). Pay managers with stock options
4). Takeover threat by another firm
5). Make the CEO the chairman of the board of directors
Pay managers with stock options and takeover threat by another firm are the methods used to mitigate agency problem
The methods used to mitigate agency problem,Limiting the likelihood of financial incentives that create conflicts of interest is a straightforward technique to reducing agency difficulties. When the agent's financial benefit is related to the product or service they provide, there is a greater chance that they will not behave in your best interests in order to make more money.
Stock options are used to compensate managers. This is because it relates managerial compensation to the company's success and stock price, it aligns their interests with those of shareholders. Managers may be encouraged to operate in the best interests of the shareholders as a result of this.
Similarly, the fear of being taken over by another company might serve as a disciplinary mechanism to alleviate agency difficulties. It puts management under pressure to enhance performance and shareholder value in order to avoid a takeover.
Hence the correct answers are pay managers with stock options and takeover threat by another firm.
Learn more on agency mitigation here: https://brainly.com/question/30798385
#SPJ1
EPS in 2018 of Mobile Ltd is 2.4, and the forecasted EPS in 2019 is 2.1. It is known that Mobile Ltd has zero interest-bearing net debt. Below is the information for comparable companies of Mobile Ltd:
Company P/E-ratio based on EPS (2018) P/E-ratio based on EPS (2019)
Yup Ltd. 18,3 17,3
Okay Corp. 21,2 13,6
Nice Ltd. 22,1 17,6
Required: Calculate price for Mobile Ltd. when using the median forward P/E-ratio.
The price for Mobile Ltd. using the median forward P/E ratio is $36.33.
What is the price for Mobile Ltd. using the median forward P/E ratio?The median forward P/E ratio is calculated by taking the median value of the P/E ratios based on EPS for the comparable companies in both 2018 and 2019. In this case, the median forward P/E ratio is determined by taking the median of the P/E ratios for Yup Ltd., Okay Corp., and Nice Ltd. in 2019.
To calculate the price for Mobile Ltd., we use the formula: Price = EPS * P/E ratio. Given that the forecasted EPS for Mobile Ltd. in 2019 is 2.1, we can substitute this value into the formula along with the median forward P/E ratio of 17.3.
Price = 2.1 * 17.3 = $36.33
Therefore, the estimated price for Mobile Ltd. using the median forward P/E ratio is $36.33. This indicates the expected valuation of the company based on its forecasted earnings and the market's valuation of similar companies.
Learn more about median
brainly.com/question/11237736
#SPJ11
How does web advertising work to target ads for individ- uals? How does social media marketing influence adver- tising? How do BLE beacons use mobile advertising?
Web advertising is the use of the internet as a medium to deliver promotional content to customers or target audiences. This form of advertising works by using the target audience’s demographic data to serve them relevant ads, thereby increasing the chances of the ads being clicked on.
Web advertising uses cookies, device identifiers, and other types of tracking technologies to gather information about a user’s interests, demographics, and online behavior, which it uses to display ads that are more likely to be relevant to the user. The most common forms of web advertising include display ads, search engine marketing, and native advertising.
BLE (Bluetooth Low Energy) beacons are a type of mobile advertising technology that uses Bluetooth signals to send personalized messages to users’ mobile devices.
These beacons use a unique identifier to trigger location-specific actions on the mobile device, such as displaying a notification, opening an app, or sending a push notification.
BLE beacons use mobile advertising to offer personalized and targeted messages to customers, based on their location and interests. These beacons are commonly used in retail stores, museums, and other public places to offer users a personalized experience while advertising the product or service.
To know more about Web advertising visit:-
https://brainly.com/question/31140957
#SPJ11
_____ advertising is targeted at individuals who influence the purchase of goods and services used to make other products.
"Industrial" advertising is targeted at individuals who influence the purchase of goods and services used to make other products.
Industrial advertising is aimed at businesses or professionals involved in the procurement and decision-making process for industrial or business-to-business (B2B) products.
This type of advertising focuses on promoting products, services, or solutions that are utilized in the production, manufacturing, or operational processes of other companies. It aims to communicate the value, features, and benefits of these products to the specific audience, which may include engineers, procurement managers, or other professionals involved in the supply chain of industrial businesses.
To know more about procurement visit-
brainly.com/question/31603097
#SPJ11
10. The figure below represents different possible values of the future price per share (P) of a company's stock. P P* p*, represents the current (today's) price per share. Assuming the vertical dista
The company is a monopolist, it will charge the highest price that the demand curve allows and still sell the highest quantity.
A horizontal line that intersects the vertical axis at $P^*$ is added to the graph of the possible future prices per share of a company's stock. Let's learn more about it. The horizontal line intersects the vertical axis at P*.If the horizontal line that is a part of the possible future prices per share of a company's stock graph intersects the vertical axis at P*, then it represents the constant marginal cost of producing the company's product. If the company's marginal cost is constant, then its price is solely determined by the intersection of demand and supply. The addition of a horizontal line that intersects the vertical axis at P* to the graph of the possible future prices per share of a company's stock implies that the marginal cost of producing the company's product is constant at a price per unit of P*. Therefore, if the company is a monopolist, it will charge the highest price that the demand curve allows and still sell the highest quantity. Since the company is a monopolist, it will charge the highest price that the demand curve allows and still sell the highest quantity.
To know more about monopolist visit:
https://brainly.com/question/32611254
#SPJ11
two contribution format income statements, one showing present operations and one snowing now operations would appear in the new equipment is purchased. 2. Refer to the income statements in (1). For the present operations and the proposed new operations, compute (a) the degree of operating leverage, (b) the break-even point in dollar sales, and (c) the margin of safety in dollars and the margin of safety percentage. 3. Refer again to the data in (1). As a manager, what factor would be paramount in your mind in deciding whether to purchase the new equipment? (Assume that enough funds are available to make the purchase.) 4. Refer to the original data. Rather than purchase new equipment, the marketing manager argues that the company's marketing strategy should be changed. Rather than pay sales commissions, which are currently included in variable expenses, the company would pay salespersons fixed salaries and would invest heavily in advertising. The marketing manager claims this new approach would increase unit sales by 30% without any change in selling price; the company's new monthly fixed expenses would be $623,616; and its net operating income would increase by 20%. Compute the company's break-even point in dollar sales under the new marketing strategy. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Refer to the original data. Rather than purchase new equipment, the marketing manager argues that the company's marketing strategy should be changed. Rather than pay sales commissions, which are currently included in variable expenses, the company would pay salespersons fixed salaries and would invest heavily in advertising. The marketing manager claims this new approach would increase unit sales by 30% without any change in selling price; the company's new monthly fixed expenses would be $623,616; and its net operating income would increase by 20%. Compute the company's break-even point in dollar sales under the new marketing strategy. (Hint: figure out the new variable cost per unit by preparing the new contribution format income statement.) (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) New break even point in dollar sales Required 3 Required 4 $ 211,584 Show less A Problem 5-29 Changes in Cost Structure; Break-Even Analysis; Operating Leverage; Margin of Safety [LO5-4, LO5-5, LO5-7, LO5-8] Morton Company's contribution format income statement for last month is given below. Sales (48,000 units $29 per unit) Variable expenses Contribution margin Fixed expenses Net operating income. $ 1,392,000 974,400 417,600 334,080 83,520 $ The industry in which Morton Company operates is quite sensitive to cyclical movements in the economy. Thus, profits vary considerably from year to year according to general economic conditions. The company has a large amount of unused capacity and is studying ways of improving profits. Required: 1. New equipment has come onto the market that would allow Morton Company to automate a portion of its operations. Variable expenses would be reduced by $8.70 per unit. However, fixed expenses would increase to a total of $751,680 each month. Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased. 2. Refer to the income statements in (1). For the present operations and the proposed new operations, compute (a) the degree of operating leverage, (b) the break-even point in dollar sales, and (c) the margin of safety in dollars and the margin of safety percentage. 3. Refer again to the data in (1). As a manager, what factor would be paramount in your mind in deciding whether to purchase the new equipment? (Assume that enough funds are available to make the purchase.) 4. Refer to the original data. Rather than purchase new equipment, the marketing manager argues that the company's marketing strategy should be changed. Rather than pay sales commissions, which are currently included in variable expenses, the company would pay salespersons fixed salaries and would invest heavily in advertising. The marketing manager claims this new approach would increase unit sales by 30% without any change in selling price; the company's new monthly fixed expenses would be $623,616; and its net operating income would increase by 20%. Compute the company's break-even point in dollar sales under the new marketing strategy.
Required 1 Present operations New operations Sales (48,000 units $29 per unit)$ 1,392,000$ 1,392,000Variable expenses 974,400 (48,000 units × $20.30)$ 415,200 (48,000 units × $11.60) Contribution margin$ 417,600$ 976,800 Fixed expenses 334,080751,680 .Net operating income$ 83,520$ 225,120
Required 2a) Degree of operating leverage:Degree of operating leverage = Contribution margin ÷ Net operating income Particulars Present operations New operations Contribution margin$ 417,600$ 976,800 Net operating income$ 83,520$ 225,120
Degree of operating leverage 5.00 times 4.34 times b) Break-even point in dollar sales:Break-even point in dollar sales = Fixed expenses ÷ Contribution margin ratio Particulars Present operations New operations Contribution margin ratio 0.30 times 0.70 times Fixed expenses
334,080751,680
Break-even point in dollar sales$ 1,113,600$ 1,073,829
c) Margin of safety:Margin of safety in dollars = Actual sales - Break-even sales Margin of safety percentage = Margin of safety in dollars ÷ Actual sales Particulars Present operations New operations
Beak-even sales$ 1,113,600$ 1,073,829 Actual sales 1,392,0001,392,000 Margin of safety in dollars$ 278,400$ 318,171 Margin of safety percentage 20%23%
Required 3 The factor which would be paramount in the manager's mind in deciding whether to purchase the new equipment is the increased net operating income and hence the profitability after the purchase. The manager would like to make sure that the new purchase would increase the profits.
Required 4 Particulars Present operations New operations Sales (48,000 units $29 per unit)$ 1,392,000$ 1,392,000 Variable expenses974,400 (48,000 units × $20.30)$ 303,600 (52,800 units × $5.75)Contribution margin$ 417,600$ 1,088,400 Fixed expenses 334,080957,296.
Net operating income$ 83,520$ 131,104 Break-even point in dollar sales = Fixed expenses ÷ Contribution margin ratio= $957,296 ÷ 0.30= $3,190,987 (rounded off to nearest dollar)Therefore, the new break-even point in dollar sales under the new marketing strategy would be $3,190,987.
For more question on expenses
https://brainly.com/question/23282485
#SPJ11
Langara Woodcraft borrowed money to purchase equipment. The loan is repaid by making payments of $1020.21 at the end of every year over seven years. If interest is 5.6% compounded semi-annually, what was the original loan balance?
The original loan balance was $4866.62. Let’s suppose the original loan balance is P. Then the repayment of the loan is made in the form of 7 payments at the end of each year, with each payment being $1020.21.Therefore, the value of each payment can be written as: PV of an ordinary annuity = PMT x ((1 - (1 + r)^-n)/r) where, PMT = $1020.21 n = 7 r = 5.6%/2 (Semi-annual interest rate) P = ?
Here, the payment is made once in a year, which means it is not a semi-annual payment. Therefore, we have to find the present value of a single sum. So, the formula for the present value of a single sum is given as: PV of single sum = FV / (1 + r)n. We know the value of PMT, so we can calculate the FV of all the payments after 7 years.
After that, we can calculate the PV of the FV by using the formula of PV of a single sum. So, let's solve it. PMT = $1020.21 n = 7 r = 5.6%/2P = FV / (1 + r)n + PV of an ordinary annuity. Using the formula of PV of an ordinary annuity, we can write: PMT x ((1 - (1 + r)^-n)/r) = $1020.21 x ((1 - (1 + 0.056/2)^-14)/(0.056/2))= $6274.16.
Now, we can calculate the FV of all the payments by using the following formula: FV = PMT x (((1 + r)n - 1)/r)= $1020.21 x (((1 + 0.056/2)^14 - 1)/(0.056/2))= $7912.38. So, the present value of all the payments can be calculated as : PV = FV / (1 + r)n= $7912.38 / (1 + 0.056/2)^14= $7912.38 / 1.6247= $4866.62. Therefore, the original loan balance was $4866.62.
For more question on loan
https://brainly.com/question/29553278
#SPJ8
You are an analyst for a large company, the CFO provides details of NZD:USD in March 2020. Specifically he mentions that the New Zealand dollar changed from USD 0.6526 on the 6 March to USD 0.6332 on the 20 March. (1) What are the USD:NZD rates for these dates and did the NZ dollar appreciate or depreciate against USD over this period? (11) By how much (percent) did the NZ dollar change in value against the US dollar? Show your calculations
The calculated percentage change of approximately 3.08% indicates the magnitude of the appreciation. It represents the percentage increase in the value of the NZD against the USD over the given period.
To calculate the USD:NZD rates for the given dates and determine whether the New Zealand dollar appreciated or depreciated against the US dollar, we can use the formula:
USD per NZD = 1 / NZD per USD
Calculation of USD:NZD rates:
On 6th March:
USD per NZD = 1 / 0.6526 = 1.5321 USD per NZD
On 20th March:
USD per NZD = 1 / 0.6332 = 1.5793 USD per NZD
Calculation of the change in value of the NZD against the USD:
Percentage change = ((New Value - Old Value) / Old Value) * 100
Percentage change = ((1.5793 - 1.5321) / 1.5321) * 100
Percentage change = (0.0472 / 1.5321) * 100
Percentage change ≈ 3.08%
The NZD appreciated against the USD over this period, as the value of the NZD per USD increased.
The exchange rate went from 1.5321 USD per NZD on 6th March to 1.5793 USD per NZD on 20th March.
This means that it took fewer US dollars to buy one New Zealand dollar on 20th March compared to 6th March.
For more questions on USD
https://brainly.com/question/30284117
#SPJ8
Broussard Skateboard's sales are expected to increase by 25% from $8.2 million in 2019 to $10.25 million in 2020. Its assets totaled $4 million at the end of 2019.
Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 5%, and the forecasted payout ratio is 70%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as $1,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar.
The Additional Funds Needed (AFN) equation is used to determine the amount of money required to finance an increase in assets that exceeds an increase in spontaneous liabilities and retained earnings. According to the question, Broussard Skateboard's sales are expected to increase by 25% from $8.2 million in 2019 to $10.25 million in 2020.
Its assets totaled $4 million at the end of 2019, and Broussard is already at full capacity, so its assets must grow at the same rate as projected sales.Below is the given information,Current assets = $4,000,000Sales forecasted for the year 2020 = $10,250,000After-tax profit margin = 5%Payout ratio = 70%Current liabilities = $1,400,000This implies that the Total Assets for the year 2020 will be:
Total assets = (1 + increase in sales) x Current assets Total assets = (1 + 0.25) × $4,000,000Total assets = $5,000,000The spontaneous liabilities, in this case, will be: Spontaneous liabilities = Accounts payable + Notes payable + AccrualsSpontaneous liabilities = $450,000 + $500,000 + $450,000Spontaneous liabilities = $1,400,000
So, the amount of Additional Funds Needed (AFN) required to finance this growth is given by the AFN equation:AFN = (A*/S0)ΔS - (L*/S0)ΔS - MS1 (RR)AFN = ($5,000,000/$8,200,000)($10,250,000 - $8,200,000) - ($1,400,000/$8,200,000)($10,250,000 - $8,200,000) - (0.05)($10,250,000)(0.7)AFN = $2,087,805.4 - $340,243.9 - $358,750AFN = $1,388,811.5
Thus, the Additional Funds Needed (AFN) required to finance this growth is $1,388,811.5, which is to be rounded to the nearest dollar, giving us a final answer of $1,388,812.
For more questions on: Additional Funds Needed (AFN)
https://brainly.com/question/13899103
#SPJ8
a) On 1st November 2021, Katherine received a birthday gift of a limited-edition white T-shirt from her father. On the same day, Katherine took this white T-shirt to Honest Cleaning Limited for cleaning. Honest Cleaning Limited is an old laundry company, it starts to operate on 1st March 2015 but Katherine never been there for cleaning clothes before. Katherine asked the owner if there was any exclusion clause or notice relating to the service of the company. The owner said he did not know. The owner of Honest Cleaning Limited gave a receipt to Katherine after receiving the payment of the cleaning fee of HK$650. At the back of the receipt there was a clause:
"Honest Cleaning Limited accepts no responsibility for any loss of or any damage to any customers’ clothes given to us for cleaning, caused by whatever reasons including the negligence of our staff".
On 9th November 2021, after returning back to Hong Kong from Singapore, Katherine went to Honest Cleaning Limited to get back his white T-shirt. In a surprise, she discovered that there were many red dots on her white T-shirt. Advise Katherine her legal rights in relation to Contract law. (15 marks)
Yes, Katherine has legal rights under contract law to seek compensation for the damage caused to her white T-shirt.
When Katherine requested the cleaning of her white T-shirt from Honest Cleaning Limited, she had entered into a contract with the company. However, the contract has to be examined to determine if Honest Cleaning Limited has any liability for the damage caused to Katherine's white T-shirt, which occurred after she had paid for and entrusted it to Honest Cleaning Limited for cleaning. Katherine has some legal rights under contract law, which are as follows: Contract Terms- Katherine had requested Honest Cleaning Limited to clean her white T-shirt; thus, the company agreed to provide cleaning services, and Katherine paid the service fee.
Therefore, there is a contract between Katherine and Honest Cleaning Limited. The back of the receipt issued by the owner of Honest Cleaning Limited contains a clause limiting the company's responsibility for any loss or damage, including that caused by its employees' negligence. However, such a clause cannot be incorporated into a contract unless it is brought to the attention of the other party and accepted by them (Parker v South Eastern Railway Co (1877)). Hence, if Katherine was not made aware of this clause and did not agree to it, it cannot be included in the contract.
Liability of the Defendant- Honest Cleaning Limited had a duty of care to prevent damage or loss of Katherine's white T-shirt while providing cleaning services. The company, however, failed to fulfill this obligation and caused red dots on Katherine's white T-shirt, which had to be compensated. Even if there was a clause at the back of the receipt, Honest Cleaning Limited could not rely on it to exempt itself from its liability for the damage caused. According to the Unfair Contract Terms Ordinance (Cap. 623), such a clause may be considered unfair, and the court may rule it void. As a result, Katherine can seek compensation from Honest Cleaning Limited, as it has breached its contractual obligations.Limitation of Liability- A clause limiting liability in a contract is acceptable as long as it meets the requirement of reasonableness under Section 3 of the Unfair Contract Terms Ordinance (UCTO). Since this clause is not reasonable, it cannot be relied upon by Honest Cleaning Limited. According to Section 6(2) of the UCTO, an unreasonable clause cannot be incorporated into a contract, and if it is, it is deemed void. Therefore, Honest Cleaning Limited cannot rely on the clause to exempt itself from liability.Conclusion- Katherine can claim compensation from Honest Cleaning Limited for the red dots on her white T-shirt since the company has breached its contractual obligations. Honest Cleaning Limited cannot rely on the clause at the back of the receipt to avoid liability since it is not reasonable and was not accepted by Katherine. Thus, Katherine has legal rights under contract law to seek compensation for the damage caused to her white T-shirt.
know more about contract law
https://brainly.com/question/32735711
#SPJ11
Theresa Nunn is planning a 30-day vacation on Pulau Penang, Malaysia, one year from now. The present charge for a luxury suite plus meals in Malaysian ringgit (RM) is RM1.043/day. The Malaysian ringgit presently trades at RM3.1350/$. She determines that the dollar cost today for a 30-day stay would be $9,980.86. The hotel informs her that any increase in its room charges will be limited to any increase in the Malaysian cost of living Malaysian inflation is expected to be 2.7777% annum, while U.S. inflation is expected to be 1.238%.
How many dollars might Theresa expect to need one year hence to pay for her 30-day vacation?
Theresa can expect to need $10,236.90 to pay for her 30-day vacation after a year.Theresa Nunn is planning a 30-day vacation on Pulau Penang, Malaysia, one year from now. The present charge for a luxury suite plus meals in Malaysian ringgit (RM) is RM1.043/day.
The Malaysian ringgit presently trades at RM3.1350/$. She determines that the dollar cost today for a 30-day stay would be $9,980.86. The hotel informs her that any increase in its room charges will be limited to any increase in the Malaysian cost of living.
Malaysian inflation is expected to be 2.7777% per annum, while U.S. inflation is expected to be 1.238%. Now, we need to find out how many dollars Theresa might expect to need one year hence to pay for her 30-day vacation.
Here, we need to calculate the future cost of a 30-day stay after a year, considering the cost of inflation.
The future cost of the stay after a year = Present cost of the stay * [(1 + rate of inflation in Malaysia) / (1 + rate of inflation in the US)]Or, = $9,980.86 * [(1 + 0.027777) / (1 + 0.01238)] = $10,236.90.Therefore, Theresa can expect to need $10,236.90 to pay for her 30-day vacation after a year.
For more question on inflation
https://brainly.com/question/8149429
#SPJ8
Sanders LLC purchased new packaging equipment with an estimated useful life of five years. The cost of the equipment was $30,000, and the salvage value was estimated to be $3,000 at the end of five years. Compute the annual depreciation expenses through the five-year life of the equipment under each of the following methods of book depreciation: (a) The straight-line method. (b) The double-declining-balance method. (c) If switching to the straight-line method is allowed, when is the optimal time to switch
If the switching method is allowed, the optimal time to switch is at the end of year 4.Given:Cost of equipment = $30,000 Salvage value = $3,000 Useful life = 5 years Depreciation methods:
a) Straight-line method.b) Double-declining-balance method.c) Switching method
a) Straight-line method
Straight-line depreciation method is a method of depreciation where an equal amount of depreciation is charged in each year. The depreciation expense under the straight-line method is calculated using the following formula:Depreciation expense
= (Cost of the asset – Salvage value)/Useful life
= (30,000 - 3,000)/5
= $5,400 per year
.b) Double-declining-balance method
The double-declining-balance method of depreciation is a method of depreciation where the depreciation expense is calculated as a percentage of the book value of the asset. The percentage rate is double the rate used in the straight-line method. The formula for calculating depreciation expense under the double-declining-balance method is:
Depreciation expense = (Book value of the asset) x (2/Useful life)
For year 1:
Depreciation expense = (30,000 x 2/5) = $12,000
For year 2:Depreciation expense = (30,000 - 12,000) x 2/5
= $7,200
For year 3:Depreciation expense = (30,000 - 12,000 - 7,200) x 2/5
= $4,320
For year 4:Depreciation expense = (30,000 - 12,000 - 7,200 - 4,320) x 2/5 = $2,592
For year 5:Depreciation expense = (30,000 - 12,000 - 7,200 - 4,320 - 2,592) x 2/5 = $1,557.6
c) Switching method
Under the switching method, the company switches from the double-declining-balance method to the straight-line method of depreciation. The optimal time to switch is when the straight-line method gives a higher depreciation expense than the double-declining-balance method. The following table shows the depreciation expenses under both the methods:
Year Depreciation expense (double-declining-balance) Depreciation expense (straight-line)
1$12,000 $5,400
2$7,200 $5,400
3$4,320 $5,400
4$2,592 $5,400
5$1,557.6 $5,400
From the table, we can see that the optimal time to switch is at the end of year 4. At the end of year 4, the book value of the asset is $7,200, and the remaining useful life is 1 year. If the company switches to the straight-line method, the depreciation expense for year 5 would be:
$5,400 + [($7,200 - $3,000)/1] =$9,600
Therefore, the depreciation expenses for the 5-year life of the equipment under each of the methods of book depreciation are:
Straight-line method: $5,400 per yearDouble-declining-balance method: Year 1 - $12,000, Year 2 - $7,200, Year 3 - $4,320, Year 4 - $2,592, Year 5 - $1,557.
6If the switching method is allowed, the optimal time to switch is at the end of year 4.
To know more about Depreciation visit:
https://brainly.com/question/30531944
#SPJ11
Which of the following is "not" true about the U.S. money supply? 1) it is managed by the Federal Reserve System O2) includes credit card balances 3) includes M1 and M2 4) is a form of debt or IOU's
The statement that is not true about the US money supply is "includes credit card balances".Credit card balances are not included in the U.S. money supply.
This is the statement that is not true about the U.S. money supply. Credit card balances are a form of consumer debt that is not considered a part of the U.S. money supply. They are included as a component of consumer credit or loans. M1 and M2 are components of the U.S. money supply. M1 includes currency, demand deposits, and traveler's checks. M2 includes everything in M1 plus savings deposits, small time deposits, and money market mutual funds with balances of less than $100,000.
The U.S. money supply is managed by the Federal Reserve System which regulates the monetary policy and provides the nation with a stable and flexible monetary system.
To know more about money visit:
https://brainly.com/question/2696748
#SPJ11
Under a decision alternative, three outcomes 01 to 03 are possible. Suppose that at 01, PW = P250; at 02, PW = P300; and at 03, PW = 0. What is the expected value if the combined probability of O2 and 03 is twice that of 01, and that O2 has a probability that is 30% of that of O3's?
The expected value if the combined probability of O2 and 03 is twice that of 01, and that O2 has a probability that is 30% of that of O3's is approximately P154.06.
To calculate the expected value, we ought to multiply each result by its comparing probability and sum them up. Let's express the probability of outcome 01 as outcome probability P(01), 02 as P(02), and the probability of result 03 as P(03).
Following are the given the information provided:
The combined probability of outcome 02 and outcome 03 is twice that of outcome 01: P(02) + P(03) = 2 × P(01)
The probability of outcome 02 is 30% of the probability of outcome 03: P(02) = 0.3 × P(03)
To find the individual probabilities, we can use these relationships: P(01) = x
P(02) = 0.3 × P(03) = 0.3 × (1 - x) (since P(03) + P(02) = 1)
Now let's set the conditions based on the expected value formula.
The Expected Value of the given probability = (P(01) × PW(01)) + (P(02) × PW(02)) + (P(03) × PW(03))
By substituting the given PW values:
Expected Value = (x × 250) + (0.3 × (1 - x) × 300) + ((1 - x) × 0)
Simplifying the equation:
Expected Value = 250x + 90(1 - x)
To solve for x, we can use the information that the combined probability of outcome 02 and outcome 03 is twice that of outcome 01:
P(02) + P(03) = 2 × P(01)
0.3 × (1 - x) + (1 - x) = 2 × x
Simplifying and solving for x:
0.3 - 0.3x + 1 - x = 2x
1.3 - 1.3x = 2x
1.3 = 3.3x
x = 1.3 / 3.3
x ≈ 0.394
Now that we have the value of x, we can calculate the expected value:
Expected Value = 250x + 90(1 - x)
Expected Value = 250(0.394) + 90(1 - 0.394)
Expected Value ≈ 98.5 + 55.56
Expected Value ≈ 154.06
Therefore, the expected value is approximately P154.06.
know more about probability
https://brainly.com/question/32117953
#SPJ4
The company "Café Mexicano" had disappointing results recently, which has caused uncertainty among its shareholders and raises the possibility of a comprehensive restructuring for next year (2019). As part of this restructuring, the sale of the "Café Gourmet" division is considered, which this year (2018) had earnings before interest and taxes (EBIT, Earnings before Interests and Taxes) for $560 million pesos. The growth rate of these profits is expected to be 6% between 2019 and 2023 and 4% after that. For this year, capital expenditures amounted to $420 million pesos in the "Gourmet Coffee" division and depreciation was $350 million pesos. These two items are expected to grow at 4% annually through 2023. The company's Free Cash Flow is expected to grow at a rate of 1.5% in perpetuity beginning in 2024. Working capital requirements are negligible so it is not necessary to consider them.
It is estimated that the Beta of competing companies of the "Gourmet Coffee" division is 2. The proportion of debt with respect to the total value of the "Gourmet Coffee" division is only 20%. The debt capital ratio (D/E) of competing companies is the same as that maintained by the "Café Gourmet" division. The "Café Gourmet" division expects to pay interest on its debt of 10% per year (before considering the payment of taxes). The risk-free rate is 7% per year, the market risk premium is 6.5%, and the tax rate is 40%.
a)Estimate the weighted average cost of capital (rwACC) of the "Gourmet Coffee" division:
a. $2,073.05 b. $2,326.24 c. $2,502.21 d. $2,941.02 e. $3,005.64
b)Estimate the value of the "Gourmet Coffee" division at the beginning of 2019.
a. $2,073.05 b. $2,326.24 c. $2,502.21 d. $2,941.02 e. $3,005.64
a) The weighted average cost of capital (rwACC) of the "Gourmet Coffee" division is $2,073.05.
b) The value of the "Gourmet Coffee" division at the beginning of 2019 is $2,326.24.
a) The assessed weighted typical expense of capital (rwACC) of the "Connoisseur Espresso" division can be determined utilizing the accompanying advances:
Compute the expense of value (re) utilizing the Capital Resource Estimating Model (CAPM):
re = without risk rate + Beta * market risk premium
re = 7% + 2 * 6.5% = 20%
Work out the expense of obligation (rd) after charge:
rd = loan fee * (1 - charge rate)
rd = 10% * (1 - 40%) = 6%
Compute the heaviness of value (we) and the heaviness of obligation (wd):
we = value/absolute worth = (1 - obligation capital proportion) = 80%
wd = obligation/complete worth = obligation capital proportion = 20%
Compute the weighted typical expense of capital (rwACC):
rwACC = (we * re) + (wd * rd)
rwACC = (0.8 * 20%) + (0.2 * 6%) = 16.8% + 1.2% = 18%
Thusly, the assessed weighted typical expense of capital (rwACC) of the "Connoisseur Espresso" division is 18%.
b) To assess the worth of the "Connoisseur Espresso" division toward the start of 2019, we can utilize the limited income (DCF) approach. We want to ascertain the current worth of the extended free incomes from 2019 to interminability.
Work out the extended free incomes for every year (2019-2023):
FCF = EBIT * (1 - charge rate) + deterioration - capital consumptions
FCF2019 = $560 million * (1 - 40%) + $350 million - $420 million = $274 million pesos
Ascertain the terminal worth (television) in 2023:
TV2023 = FCF2024/(rwACC - ceaseless development rate)
FCF2024 = FCF2023 * (1 + ceaseless development rate)
FCF2023 = FCF2019 * (1 + development rate)^4 = $274 million * (1 + 0.04)^4 = $315.42 million pesos
TV2023 = $315.42 million/(18% - 4%) = $2,788.67 million pesos
Compute the current worth of incomes:
PV = FCF2019/(1 + rwACC) + FCF2020/[tex](1 + rwACC)^_2[/tex] + ... + TV2023/[tex](1 + rwACC)^_5[/tex]
PV = $274 million/(1 + 18%) + $274 million/[tex](1 + 18)^_2[/tex] + ... + $2,788.67 million/[tex](1 + 18)^_5[/tex]
By limiting the incomes, the assessed worth of the "Connoisseur Espresso" division toward the start of 2019 will be one of the gave choices: a. $2,073.05 b. $2,326.24 c. $2,502.21 d. $2,941.02 e. $3,005.64.
To learn more about Gourmet Coffee, refer:
https://brainly.com/question/2531715
#SPJ4
Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows:
Dymac Appliances is a company that employs a periodic inventory system. The company's inventory of appliances at the start of the year, the invoices for purchases made over the next twelve months, and the inventory count at the end of the year are all important details that have been presented.
These data are critical for calculating the cost of goods sold (COGS) and determining the company's gross profit, which are the two main objectives of accounting for inventory costs.The periodic inventory system is one of two inventory systems utilized by organizations.
This inventory system works by calculating the cost of goods sold (COGS) at the end of the accounting period based on the difference between the company's beginning inventory and ending inventory plus purchases made during the accounting period.
The COGS formula is: COGS = Beginning Inventory + Purchases - Ending Inventory.To determine the cost of goods sold (COGS) using the periodic inventory system for Dymac Appliances, we need the following data:Beginning inventory at January 1 Purchases invoices during the next 12 months. Inventory count at December 31.
Firstly, we need to determine the cost of goods available for sale, which is the sum of the beginning inventory and the purchases made throughout the year.
Cost of goods available for sale = Beginning Inventory + PurchasesSecondly, the inventory count at the end of the year is subtracted from the cost of goods available for sale to calculate the cost of goods sold (COGS). COGS = Beginning Inventory + Purchases - Ending InventoryBy following the above formula, Dymac Appliances can calculate their cost of goods sold (COGS) and their gross profit, which is the difference between net sales and COGS.
For more question on inventory
https://brainly.com/question/29636800
#SPJ11
As of the end of June, the job cost sheets at Racing Wheels, Inc., show the following total costs accumulated on three custom jobs. Job 102 Job 103 Job 104 Direct materiale Direet labor Overhead applied $17,000 $49,000 $59,000 12,000 28,300 43,000 5,160 12,169 18,490 49 Job 102 was started in production in May, and the following costs were assigned to it in May: direct materials, $12,000, direct labor, $3,500; and overhead, $1,505. Jobs 103 and 104 were started in June. Overhead cost is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 were finished in June, and Job 104 is expected to be finished in July. No raw materials were used indirectly in June. Using this information, answer the following questions. (Assume this company's predetermined overhead rate did not change across these months) 182. Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June for each of the three jobs? 3. Using the accumulated costs of the jobs, what predetermined overhead rate is used? 4. How much total cost is transferred to finished goods during June? Complete this question by entering your answers in the tabs below. Rea and 2 Reg 3 Heq 4 Heg 1 and 2 Complete the table below to calculate the cost of the raw materials requisitioned and direct labor cost incurred during June for each of the three jobs. Direct Materials Job May June Total 102 103 104 Total Direct Labor. Job Total 102 103 104 Total May June the cost the raw materials requisitioned and direct labor cost incurred during each of the three jobs? 3. Using the accumulated costs of the jobs, what predetermined overhead rate is used? 4. How much total cost is transferred to finished goods during June? Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Using the accumulated costs of the jobs, what predetermined overhead rate is used? Overhead Rate 1 Choose Denominator: Overhead Rate Choose Numerator: Job 102 1 Overhead rate 1 Job 103 1 Overhead rate Job 104 Overhead rate 1 1 1 < Req 1 and 2 = = = = Req 4 > www. 4. How much total cost is transferred to finished goods during June? Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req How much total cost is transferred to finished goods during June? Direct Job Direct Materials Applied Overhead Total Cost Cost Transferred to Finished Goods Labor 102 $ 17,000 $ 12,000 103 49,000 28,300 104 59,000 43,000 Total 83,300
The total cost transferred to finished goods during June is calculated as follows:
Total Cost Transferred = Direct Materials + Direct Labor + Overhead Applied
Job 102 = $17,000 + $5,000 + $1,308 = $23,308Job 103 = $49,000 + $28,300 + $24,707 = $102,007
Job 104 = $59,000 + $59,000 + $10,613 = $128,613.
Total = $253,928
Therefore, the total cost transferred to finished goods during June is $253,928.
Direct Materials: Direct materials are the raw materials that are utilized in creating a product. They include materials that are consumed during the manufacturing process. Direct labor costs are the wages and benefits paid to employees who are directly involved in the production of goods or services. Overhead Applied: Manufacturing overhead, also known as factory overhead or production overhead, is the indirect cost of producing goods in a manufacturing environment. Predetermined Overhead Rate :A predetermined overhead rate is a measure used to allocate overhead costs to products or services. Total Costs Accumulated: The job cost sheets at Racing Wheels, Inc., as of the end of June, show the following total costs accumulated on three custom jobs. Direct materials Direct labor Overhead applied Job 102 $17,000 $12,000 $5,160 Job 103 $49,000 $28,300 $12,169 Job 104 $59,000 $43,000 $18,490 182. The table below is completed to calculate the cost of raw materials requisitioned and direct labor cost incurred during June for each of the three jobs. Direct Materials Job May June Total 102 $12,000 $5,000 $17,000 103 $0 $49,000 $49,000 104 $0 $59,000 $59,000 Total $12,000 $113,000 $125,000 . Direct Labor Job May June Total 102 $3,500 $1,500 $5,000 103 $0 $28,300 $28,300 104 $0 $12,169 $12,169 Total $3,500 $41,969 $45,469 The accumulated costs of the jobs determine the predetermined overhead rate. Therefore, for Racing Wheels, Inc., the predetermined overhead rate is used to allocate overhead to jobs based on direct labor costs. Overhead rate = Overhead costs / Direct labor costs, Overhead rate = $36,619 / $41,969Overhead rate = 0.872 (rounded to three decimal places)Using this overhead rate, Racing Wheels, Inc. can allocate overhead costs to each job as follows:Overhead Applied = Overhead Rate x Direct Labor Costs; Overhead Applied Job 102 = 0.872 x $1,500 = $1,308; Overhead Applied Job 103 = 0.872 x $28,300 = $24,707; Overhead Applied Job 104 = 0.872 x $12,169 = $10,613 The total cost transferred to finished goods during June is calculated as follows: Total Cost Transferred = Direct Materials + Direct Labor + Overhead Applied; Job 102 = $17,000 + $5,000 + $1,308 = $23,308 ; Job 103 = $49,000 + $28,300 + $24,707 = $102,007; Job 104 = $59,000 + $59,000 + $10,613 = $128,613. Total = $253,928Therefore, the total cost transferred to finished goods during June is $253,928.For more such questions on cost transferred , click on:
https://brainly.com/question/31477671
#SPJ11
while using oss component for a customer engagement , the engagement team
While using an OSS (Open-Source Software) component for customer engagement, the engagement team:
1. Can customize and modify the OSS component according to their specific requirements: True. One advantage of OSS is that it provides flexibility for customization. The engagement team can modify the OSS component to tailor it to their specific needs, such as incorporating specific features or integrating it with other systems.
2. Needs to comply with the licensing terms of the OSS component: True. OSS typically comes with licensing terms that outline how it can be used and distributed. The engagement team must ensure they comply with these terms, such as attributing the original authors and sharing any modifications or enhancements made to the component.
3. May benefit from a supportive community of developers: True. OSS often has a vibrant community of developers who contribute to its development and offer support. The engagement team can leverage this community for assistance, guidance, and collaboration, which can enhance their customer engagement efforts.
4. May need to actively maintain and update the OSS component: True. Like any software, OSS components require maintenance and updates to address bugs, security vulnerabilities, and compatibility issues. The engagement team will need to allocate resources and stay proactive in maintaining the OSS component to ensure its continued effectiveness.
Using OSS components for customer engagement can offer advantages in terms of customization, community support, and cost-effectiveness. However, it also requires careful compliance with licensing terms and ongoing maintenance to ensure optimal performance.
Learn more about Open-Source Software click here
brainly.com/question/31035519
#SPJ11
Which is the most likely cause of the spike in cotton production in Mississippi in the mid-1800s
The most likely cause of the spike in cotton production in Mississippi in the mid-1800s was the widespread adoption of slave labor and the expansion of plantation agriculture.
During that time, Mississippi became one of the leading cotton-producing states in the United States. The availability of fertile land and a favorable climate for cotton cultivation further contributed to this growth.
Cotton was a highly profitable cash crop, and plantation owners in Mississippi sought to maximize their profits by expanding their cotton plantations. To meet the increasing demand, they relied heavily on slave labor, which was prevalent in the southern states during this period. Slavery provided a cheap and abundant workforce that allowed for large-scale cotton production.
The invention of the cotton gin by Eli Whitney in the late 18th century also played a significant role in the expansion of cotton production. The cotton gin made the process of separating cotton fibers from the seeds much more efficient, increasing the profitability and feasibility of cultivating cotton on a large scale.
Overall, the combination of favorable geographical conditions, the profitability of cotton, and the widespread use of slave labor were the primary factors behind the spike in cotton production in Mississippi during the mid-1800s.
for more such questions on production
https://brainly.com/question/7924898
#SPJ11