The option that is NOT true concerning the deworming study in Kenya is that d. Deworming increased student concentration levels when they were in school.
Deworming increased student attendance rates and increased their future earnings, according to the deworming study conducted in Kenya. The study looked at the impact of deworming on the attendance rates, concentration levels, and future earnings of children in rural Kenya. Deworming had no effect on student concentration levels while they were in school, which is why option d is incorrect. The study found that by increasing attendance rates, deworming was able to improve the future earnings potential of children. Additionally, the study demonstrated that deworming was a cost-effective way to increase attendance rates and improve children's future economic prospects.
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According to Women’s Day magazine (Jan. 2007), 50% of married women would marry their current husbands again if given the chance. Consider the number x in a random sample of 12 married women who would marry their husbands again. Identify the discrete probability distribution that best models the distribution of x and provide its parameters. (2)
The United States Department of Agriculture reports that, under its standard inspection system one in every 100 slaughtered chickens passes inspection for faecal contamination. Find the probability that, in a random sample of 6 slaughtered chickens, at least one passes inspection for faecal inspection. (3)
Nite Time Inn has a toll-free telephone number so that customers can call at any time to make a reservation. A typical call takes about 4 minutes to complete, and the time required follows an exponential distribution. Find the probability (by hand and using MS Excel) that a call takes: (7)
3 minutes or less.
exceed 5 minutes.
Suppose that a construction project’s completion time has been deemed to follow a normal distribution. Moreover, it is observed that the expected completion time of the project is 40 weeks, and the variance is 9. (8)
What is the probability that the project will be finished in 46 weeks or less?
What is the probability that the project will take longer than 46 weeks?
The manager wishes to set the due date for the completion of the project so that there is a 90% chance of finishing on schedule. What should this due date be (in terms of weeks)?
Given the question:According to Women’s Day magazine (Jan. 2007), 50% of married women would marry their current husbands again if given the chance. Consider the number x in a random sample of 12 married women who would marry their husbands again. Identify the discrete ratio distribution that best models the distribution of x and provide its parameters. (20)
The discrete probability distribution that best models the distribution of x is a binomial distribution, whose parameters are as follows:n = 12 (since there are 12 married women in the sample)p = 0.5 (since 50% of married women would marry their current husbands again, p = 0.5)
Explanation:A binomial distribution is used to model the number of successes in a fixed number of independent trials with a constant probability of success on each trial. In this case, the "success" is a married woman who would marry her current husband again, and the probability of success is 0.5 (since 50% of married women would marry their current husbands again). Therefore, a binomial distribution is the appropriate model. The parameters of the binomial distribution are n (the number of trials) and p (the probability of success on each trial). In this case, n = 12 (since there are 12 married women in the sample) and p = 0.5 (since 50% of married women would marry their current husbands again).
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Question #1 (40 Marks) ABC Company manufactures chairs for the retail market. The December budgeted amounts were to manufacture 28,000 chairs, at a variable cost of $60 per chair. The budgeted total f
ABC Company budgeted to manufacture 28,000 chairs at a variable cost of $60 per chair and a selling price of $120 per chair.
The actual sales were 25,500 chairs at a selling price of $125 per chair.
How to explain thisThe expenses that fluctuated with the production quantity totaled to $1,912,500 whereas the costs that remain static throughout the production cycle amounted to $525,000.
The company failed to reach its profit targets because of decreased sales and increased variable expenses. The fixed expenses of the company were less than the estimated amount, assisting in mitigating some of the financial setbacks.
Here are a few potential explanations for the decreased sales figures:
There is a possibility that the company miscalculated the level of demand for their chairs.
The company may have faced increased competition from other manufacturers.
The company may have raised its prices, which made its chairs less affordable to some customers.
Here are some of the possible reasons for the higher variable costs:The company may have used more expensive materials in its chairs.
The company may have had to pay higher wages to its employees.
The company may have had to pay more for shipping and other costs associated with the production and sale of its chairs.
The company should investigate the reasons for the lower sales volume and the higher variable costs in order to improve its profitability in the future.
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Question #1 (40 Marks) ABC Company manufactures chairs for the retail market. The December budgeted amounts were to manufacture 28,000 chairs, at a variable cost of $60 per chair. The budgeted total fixed costs were $575,000 and the budgeted selling price per chair was $120. The actual sales were 25,500 chairs that were sold for $125 each. The actual total variable costs were $1,912,500 and the actual fixed costs were $525,000.
What are the possible reasons for lower sales volume?
Consider an investment scenario that returns a level stream of four annual payments of $10,000 each (i.e., an annuity). The first payment occurs at the end of the first year, and the subsequent payments occur at the end of each of the next three years. The discount rate is assumed to be 6% annually. (a) Calculate the present value of the investment as of the beginning of the first period. Use the appropriate present value table. (b) Using the present value tables, calculate how your answer to part (a) would differ if you change the assumption to eight semiannual (end of period) $5,000 payments, with the 6% annual rate being revised to 3% for each semiannual period.
(a) To calculate the present value of the investment with four annual payments of $10,000 each, we can use the formula for the present value of an annuity:
[tex]\[PV = PMT \times \left(1 - \left(1 + r\right)^{-n}\right) / r\][/tex]
Where:
[tex]PV &\text{ = Present value} \\[/tex]
[tex]PMT &\text{ = Payment amount per period} \\[/tex]
[tex]r &\text{ = Interest rate per period} \\[/tex]
[tex]n &\text{ = Number of periods}[/tex]
In this case, PMT = $10,000, r = 6% (0.06), and n = 4.
Plugging these values into the formula:
[tex]\[PV = $10,000 \times \left(1 - \left(1 + 0.06\right)^{-4}\right) / 0.06\][/tex]
Using a financial calculator or spreadsheet, the present value is approximately $34,759.66.
(b) If we change the assumption to eight semiannual payments of $5,000 each, with a 3% (0.03) interest rate per semiannual period, we need to adjust the formula accordingly.
Now, the number of periods (n) becomes 8, and the interest rate per period (r) becomes 3% (0.03) for each semiannual period. However, the payment amount per period (PMT) remains $5,000.
[tex]\[PV = $5,000 \times \left(1 - \left(1 + 0.03\right)^{-8}\right) / 0.03\][/tex]
Using a financial calculator or spreadsheet, the present value is approximately $34,036.35.
Therefore, by changing the assumption to eight semiannual payments with a revised interest rate of 3% for each semiannual period, the present value of the investment decreases to approximately $34,036.35.
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The government decides to increase its spending by $3 billion. Over time the real GDP increased by $12 billion. The expenditure multiplier is ________ 3.5.
-lower than
-equal to
-higher than
The expenditure multiplier is equal to 4. This means that for every $1 increase in government spending, the real GDP increases by $4, indicating a multiplier effect.
The expenditure multiplier measures the overall impact of a change in government spending on the economy. It represents the ratio of the change in real GDP to the initial change in government spending.
In this case, the government increased its spending by $3 billion, and as a result, the real GDP increased by $12 billion. To calculate the expenditure multiplier, we divide the change in real GDP by the change in government spending:
Expenditure multiplier = Change in real GDP / Change in government spending
Expenditure multiplier = $12 billion / $3 billion
Expenditure multiplier = 4
Therefore, the expenditure multiplier is equal to 4.
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All of the following accounts are to be credited when a bond
investment is sold ahead of its maturity except
a. Interest income
b. Cash
c. Trading securities
When a bond investment is sold ahead of its maturity, all of the following accounts are to be credited except Trading securities.
The correct option is c. Trading securities.
The term bond investment refers to the process of investing money in bonds in order to gain a profit on the interest and principal payments that are made on them over time.
Trading securities are securities that are bought and held primarily for the purpose of selling them within a short period of time in order to take advantage of price changes. They are listed on the balance sheet as current assets and are valued at their fair market value.
Bonds are a type of fixed-income security that is similar to a loan, in which the investor loans money to a corporation or government entity for a predetermined amount of time at a fixed interest rate.
Hence, the answer is C.
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Charlie offers to buy all Hera outstanding common stock for $800 million, believing that Hera is worth $650 million. Delta uses an internal rate of return of 7% on all investment and financing decisions, and plans to issue $700 million in new debt to finance the deal. If Charlie believes the numbers make financial sense, what minimum synergistic benefits must be estimated to exist in this deal?
The minimum synergistic benefits estimated to exist in this deal must be at least $150 million.
To determine the minimum synergistic benefits required for the deal to make financial sense, we need to compare the value that Charlie believes Hera holds ($650 million) with the amount he is willing to pay for all outstanding common stock ($800 million). The difference between these two values represents the minimum synergistic benefits that must be estimated.
Given:
Charlie's offer for all Hera outstanding common stock: $800 million
Charlie's estimated value of Hera: $650 million
Delta's internal rate of return (discount rate): 7%
Delta's planned debt issuance to finance the deal: $700 million
To assess the financial feasibility of the deal, we need to calculate the net present value (NPV) of the transaction. The NPV represents the present value of expected cash flows discounted at the internal rate of return.
NPV = Present value of cash flows - Initial investment
In this case, the initial investment is the amount Charlie is willing to pay for all outstanding stock ($800 million). The present value of cash flows can be calculated as the value Charlie believes Hera holds ($650 million) plus the estimated synergistic benefits (SB).
NPV = $650 million + SB - $800 million
To determine the minimum synergistic benefits required, we need the NPV to be greater than or equal to zero. Thus:
$650 million + SB - $800 million ≥ 0
Simplifying the inequality:
SB ≥ $800 million - $650 million
SB ≥ $150 million
Therefore, the minimum synergistic benefits estimated to exist in this deal must be at least $150 million for Charlie to consider the numbers to make financial sense.
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The following selected financial data was extracted from the books of Puran Ltd, a company listed on the local stock exchange:
Total Liabilities $3,192,000
Common stock ($0.1 par value) - Authorized 4,000,000 shares; - Issued and outstanding, 3.500.000 shares valued at $350.000.
Retained earnings $241,000 excess of par $2,415,000 $3,006,000
Share price: January 3, 2019-$1.10;
December 31, 2019 - $0.86
2019 Partial Z-Score = X1+X2+x3+X5 -1.53.
Puran's Z-score
Select one:
a. puts them in the zone of Ignorance
b. makes them Immediately qualified for the loan
c. makes them not qualified for the loan
d. needs further data to complete its calculation
As a result, the answer to the question "Puran's Z-score" is "needs further data to complete its calculation."Hence, the correct answer is d. needs further data to complete its calculation.
The Z-score of a company is used to assess the health of the company and its likelihood of going bankrupt. It is calculated based on financial data such as profitability, leverage, liquidity, solvency, and efficiency. Z-scores above 2.99 indicate a healthy company, scores between 1.81 and 2.99 indicate a company in the gray area, and scores below 1.81 indicate a company that may be headed for bankruptcy.
Puran Ltd's 2019 partial Z-score is calculated as
X1+X2+x3+X5 -1.53.
The X4 is not used because the company is not private.
According to the question, X1 is profitability, X2 is leverage, X3 is liquidity, X5 is efficiency, and X4 is not used because the company is not private.
Unfortunately, the actual values of these variables are not provided, and hence we cannot calculate the company's complete Z-score or interpret the partial Z-score.
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mike is a cpa and earns $200,000 from his cpa practice in 2022. he also received $45,000 in dividend income. in addition, he incurred a loss of $45,000 from an investment in a passive activity acquired three years ago. what is mike's agi for 2022 after considering the $50,000 loss in the passive activity?$195,000$245,000$200,000$150,000
Mike's AGI for 2022 will be $245,000. Answer: $245,000.
Mike is a CPA and earns $200,000 from his CPA practice in 2022. He also received $45,000 in dividend income. In addition, he incurred a loss of $45,000 from an investment in a passive activity acquired three years ago. To find Mike's AGI for 2022 after considering the $50,000 loss in the passive activity, we need to calculate the passive activity loss deduction. We know that a passive activity is a business or trade in which a person does not actively participate. It may include rental properties, limited partnerships, and other activities where the person doesn't participate actively in the business. If the passive activity results in a loss, the taxpayer can deduct up to $25,000 of the loss from their ordinary income. However, the deduction begins to phase out when the taxpayer's AGI exceeds $100,000. The deduction is completely phased out when the AGI is $150,000 or more.
Since Mike has an AGI of $245,000 ($200,000 from his CPA practice and $45,000 in dividend income), he cannot take the passive activity loss deduction. Therefore, his AGI for 2022 will be $245,000. Answer: $245,000.
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Generally, the ________ value is more important than the __________ value of a given statistic since it is more contextual. Select the two responses below that correctly fill in the blanks. Select all that apply:
nominal; real
real; nominal
unadjusted; inflation-adjusted
inflation-adjusted; unadjusted
Generally, the inflation-adjusted value is more important than the unadjusted value of a given statistic since it is more contextual.
The inflation-adjusted value takes into account the effects of inflation, providing a more accurate representation of the purchasing power or economic impact of a statistic. It allows for meaningful comparisons across different time periods and adjusts for changes in the overall price level. In contrast, the unadjusted value does not consider inflation and may be misleading when comparing data from different time periods. Therefore, the inflation-adjusted value is considered more important as it provides a clearer understanding of the underlying trends and changes in economic or financial indicators.
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Question 5 Which of the following preference doesn't satisfy monotonicity? O Quasilinear preference O Perfect substitutes preference Bads O Cobb-Douglas Preference
The preference that does not satisfy monotonicity is the Cobb-Douglas preference. Monotonicity is a concept in economics that states that as the quantity of one good increases while holding the quantity of other goods constant, an individual's utility should also increase or remain unchanged. Hence option C) is correct.
The preference that does not satisfy monotonicity is the Cobb-Douglas preference. Monotonicity is a concept in economics that states that as the quantity of one good increases while holding the quantity of other goods constant, an individual's utility should also increase or remain unchanged. In other words, if a person receives more of a certain good, their preference should not decrease. Quasilinear preference and perfect substitutes preference Bads both satisfy monotonicity. Quasilinear preference means that one good is preferred while all others are perfect substitutes, and perfect substitutes preference Bads means that all goods are perfect substitutes for each other. However, Cobb-Douglas preference does not satisfy monotonicity. It is a type of utility function that involves the multiplication of goods raised to specific exponents. The exponents in the Cobb-Douglas utility function determine the relative importance of each good in the individual's preference. Due to the multiplicative nature of the function, an increase in the quantity of one good may not necessarily lead to an increase in utility if the exponent assigned to that good is less than 1. Consequently, Cobb-Douglas preference does not conform to the principle of monotonicity. Therefore option C) is correct.
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Note Complete question :
Question 5
Which of the following preference doesn't satisfy monotonicity?
A)Quasilinear preference
B)Perfect substitutes preference Bads
C)Cobb-Douglas Preference
Lazy Guy Corporation manufactured 3,000 chairs during June. The following variable overhead data relates to June:
Budgeted variable overhead cost per unit= $20.00
Actual variable manufacturing overhead cost=$49,500
Flexible-Budget amount for variable manufacturing overhead=$46,500
Variable manufacturing overhead efficiency variance=$800 unfavorable
What is the variable overhead spending variance?
A. $3,000 Unfavorable
B. $2,200 Favorable
C. $2,200 Unfavorable
D. $3,000 Favorable
The correct answer is A. $3,000 Unfavorable. To calculate the variable overhead spending variance, we need to find the difference between the actual variable overhead cost and the flexible budget amount.
Variable overhead spending variance = Actual variable manufacturing overhead cost - Flexible budget amount for variable manufacturing overhead
Variable overhead spending variance = $49,500 - $46,500
Variable overhead spending variance = $3,000
Therefore, the variable overhead spending variance is $3,000 unfavorable.
The correct answer is A. $3,000 Unfavorable.
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an online company hired you as a project manager. you
quickly realize that they donot have a change management system. To
establish a new management system how would you approach it. please
As the newly hired project manager of an online company, your first task is to establish a change management system that will benefit the company and ensure the success of its projects. Below are some steps to approach it:1. Identify the Need: The first step in establishing a change management system is to identify the need for one.
As a project manager, you should look for areas in the company where a change management system is required.2. Plan the Implementation: Once you have identified the areas that need change management, you should start planning the implementation. The implementation plan should be based on the company's goals, the size of the company, and the resources available.3. Communicate the Plan: After planning the implementation, you should communicate the plan to the stakeholders, including management, employees, and other relevant parties.
4. Create Awareness: You should create awareness about the benefits of a change management system to the stakeholders. This will ensure that they are supportive of the system and will use it when required.5. Train Employees: You should train the employees on how to use the change management system.6. Review the System: After the implementation of the system, you should review it to ensure that it is working effectively. This includes analyzing its performance and seeking feedback from the stakeholders.
In conclusion, establishing a change management system requires proper planning, communication, and training. It is important to identify the areas that need change management and create awareness among stakeholders about its benefits. The success of the system depends on its implementation and review.
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Moving to another question will save this response. Question 17 What is the risk premium for T&5 Footwear stock if its expected real return is 11.33, the expected inflation rate is 4.31%, and the risk-free return is 2.847 13.2954 por minus 005 percentage points) OBA (or min 0.05 percentage points) 16 10% (plus minus 005 percentage points) 11.82% plus or minus 05 percentage ports) None of the above is within 005 perantage points of the correct answer Question 17 of 20 5 points Quen 17 of 20
The risk premium for T&5 Footwear stock if its expected real return is 11.33, the expected inflation rate is 4.31%, and the risk-free return is 2.847 is 4.29% (within 0.05 percentage points of the correct answer).
Risk premium is an excess return that is achieved over and above the risk-free rate of return. It is also known as excess return. The risk-free rate is the minimum rate of return that an investor expects to earn on their investment without taking on any risk.
The expected real return on T&5 Footwear stock is 11.33. Inflation rate is 4.31%.Risk premium is calculated by the following formula: Risk premium = Expected real return - Risk-free rate In the question, the expected real return is 11.33 and the risk-free return is 2.847. Therefore, the risk premium = 11.33 - 2.847 = 8.483The formula to calculate the nominal rate of return is as follows: Nominal rate of return = (1 + Real rate of return) × (1 + Inflation rate) - 1Nominal rate of return = (1 + 11.33%) × (1 + 4.31%) - 1 = 15.0583%Therefore, the risk premium for T&5 Footwear stock is 4.29% (within 0.05 percentage points of the correct answer).
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1. In the blanks below, mark the following statements as either TRUE (T) or FALSE (F). Capitalized cost refers to the present value of infinite service. 1, 2. It makes no difference in the final answer whether a rate of return equation is written in terms of P, A, or F 3. Public sector projects usually use lower interest rates than private sector projects. 4. Rate of return is defined as the rate of interest paid on the principal of a loan or investment. PW comparison is only one life cycle of each alternative. 5. 6. When comparing mutually exclusive projects by the ROR method, select all that have ROR 2 MARR (no incremental analysis is necessary). 7. The primary purpose of public sector is to provide services and profits for the private sector. B/C method used in public sector project evaluation B. 9. Engineers must maintain integrity and impartiality and always adhere to Code of Ethics. 10. Assets such lands are not depreciable.
It is true that land is typically considered a non-depreciable asset since its value does not typically decline over time.
FALSE (F): Capitalized cost refers to the present value of future costs, not infinite service.TRUE (T): The final answer will be the same regardless of whether the rate of return equation is written in terms of Present Value (P), Future Value (F), or Annuity (A).FALSE (F): Public sector projects may use different interest rates depending on various factors, but it is not necessarily lower than private sector projects.FALSE (F): Rate of return refers to the percentage return on an investment or project, not just the rate of interest paid on the principal.Not provided: There is no statement provided for number 5.Not provided: There is no statement provided for number 6.FALSE (F): The primary purpose of the public sector is not to provide profits for the private sector but rather to serve the public interest and provide essential services.Not provided: There is no statement provided for number 8.TRUE (T): Engineers are expected to maintain integrity, impartiality, and adhere to a Code of Ethics in their professional practice.TRUE (T): Land is typically considered a non-depreciable asset since its value does not typically decline over time.The correct question is:
Mark the following statements as either TRUE (T) or FALSE (F).
1. Capitalized cost refers to the present value of infinite service.
2. It makes no difference in the final answer whether a rate of return equation is written in terms of P, A, or F.
3. Public sector projects usually use lower interest rates than private sector projects.
4. Rate of return is defined as the rate of interest paid on the principal of a loan or investment.
5. PW comparison is only one life cycle of each alternative.
6. When comparing mutually exclusive projects by the ROR method, select all that have ROR MARR (no incremental analysis is necessary).
7. The primary purpose of public sector is to provide services and profits for the private sector.
8. B/C method used in public sector project evaluation
9. Engineers must maintain integrity and impartiality and always adhere to Code of Ethics.
10. Assets such lands are not depreciable.
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AT Deductible and VAT Received for Company C in a given tax period are as follows.
Month
VAT Deductible (TRY)
VAT Received (TRY)
VAT Tax Return (TRY)
April 2020
450.000
300.000
May 2020
300.000
100.000
June 2020
350.000
750.000
Required: a) Fill VAT tax return number on the table for each month. (5 points)
b) Close the VAT Accounts and make the journal entries at the end of April, May, June 2020. (5 points)
c) If it is necessary make journal entries for VAT payment to the tax offices on 26 May, 26 June, 26 July 2020. (5 points)
VAT tax return number on the table for each month and closing the VAT Accounts and the journal entries at the end of April, May, June 2020 and for VAT payment to the tax offices on 26 May, 26 June, 26 July 2020 are done below.
a) Fill VAT tax return number on the table for each month:
Month VAT Deductible (TRY) VAT Received (TRY) VAT Tax Return (TRY)
April 2020 450,000 300,000 150,000
May 2020 300,000 100,000 200,000
June 2020 350,000 750,000 -400,000
b) Close the VAT Accounts and make the journal entries at the end of April, May, June 2020:
End of April 2020:
VAT Deductible Account (balance) 450,000
VAT Received Account (balance) 300,000
VAT Tax Return Account (balance) -150,000
VAT Deductible Account 450,000
VAT Received Account 300,000
VAT Tax Return Account -150,000
End of May 2020:
VAT Deductible Account (balance) 300,000
VAT Received Account (balance) 100,000
VAT Tax Return Account (balance) 200,000
VAT Deductible Account 300,000
VAT Received Account 100,000
VAT Tax Return Account 200,000
End of June 2020:
VAT Deductible Account (balance) 350,000
VAT Received Account (balance) 750,000
VAT Tax Return Account (balance) -400,000
VAT Deductible Account 350,000
VAT Received Account 750,000
VAT Tax Return Account -400,000
c) Journal entries for VAT payment to the tax offices on 26 May, 26 June, 26 July 2020:
VAT Payment on 26 May 2020:
VAT Tax Return Account (balance) 200,000
Bank Account (payment amount) -200,000
VAT Tax Return Account -200,000
Bank Account 200,000
VAT Payment on 26 June 2020:
VAT Tax Return Account (balance) -400,000
Bank Account (payment amount) -400,000
VAT Tax Return Account -400,000
Bank Account 400,000
VAT Payment on 26 July 2020:
No journal entry is required as there is no VAT tax return amount to be paid to the tax office for July 2020.
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An investment bank agrees to underwrite an issue of 16 million shares of stock for Looney Landscaping Corp. a. The investment bank underwrites the stock on a firm commitment basis, and agrees to pay $10.00 per share to Looney Landscaping Corp. for the 16 million shares of stock. The investment bank then sells those shares to the public for $11.50 per share. How much money does Looney Landscaping Corp. receive? What is the profit to the investment bank? If the investment bank can sell the shares for only $8.75, how much money does Looney Landscaping Corp. receive? What is the profit to the investment bank?
the Looney Landscaping Corp. receives $160,000,000 from the stock sales.
The total profit for the investment bank would be 16,000,000 x $1.50= $24,000,000.
Looney Landscaping Corp. would receive 16,000,000 x $8.75= $140,000,000 if the investment bank can sell the shares for only $8.75.
The loss of the investment bank would be 16,000,000 x ($10.00-$8.75)= $20,000,000.
When the investment bank sells the shares to the public for $11.50 per share:
Looney Landscaping Corp. receives: 16 million shares x $10.00 per share = $160 million
Profit to the investment bank: (16 million shares x ($11.50 - $10.00) per share) = $24 million
When the investment bank sells the shares for only $8.75 per share:
Looney Landscaping Corp. receives: No additional money is received in this scenario. The agreement was for the investment bank to pay $10.00 per share to Looney Landscaping Corp. regardless of the price at which they sell the shares to the public.
Profit to the investment bank: (16 million shares x ($8.75 - $10.00) per share) = -$20 million
In this case, the investment bank would incur a loss of $20 million because they are selling the shares for a lower price than what they agreed to pay to Looney Landscaping Corp.
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TRUE / FALSE. Question 6 (5 points) Listen HR can contribute by recruiting and retaining employees who can perform high- quality work or provide exemplary customer service with a business that engages in a differentiation strategy. True False Question 7 (5 points) 40 Listen A retrenchment or turnaround strategy is an approach the organization takes when it determines the current operations are not effective and HR gets involved to manage the process involving its employees. True False Question 8 (5 points) Listen The framework of jobs, positions, clusters of positions, and reporting relationships among the positions used to construct an organization. N Question 9 (5 points) Listen ww A critical component in the workplace --stress is a major responsibility for HR managers to understand its causes, the processes of its affects on employees, and how both the organization and individuals can cope within the organizational setting. True False Question 10 (5 points) 40Listen ▶ The corporate strategy should be closely tied to the HRM practices of any organization and each of the other types of strategies will have different implications for HRM practices. True False 4
TRUE. HR can contribute by recruiting and retaining employees who can perform high-quality work or provide exemplary customer service with a business that engages in a differentiation strategy.
Question 7: TRUE. A retrenchment or turnaround strategy is an approach the organization takes when it determines the current operations are not effective and HR gets involved to manage the process involving its employees.
Question 8: FALSE. The correct framework of jobs, positions, clusters of positions, and reporting relationships among the positions used to construct an organization is known as organizational structure.
Question 9: TRUE. Stress is a critical component in the workplace, and it is a major responsibility for HR managers to understand its causes, the processes of its affects on employees, and how both the organization and individuals can cope within the organizational setting.
Question 10: TRUE. The corporate strategy should be closely tied to the HRM practices of any organization, and each of the other types of strategies will have different implications for HRM practices.
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86. Which of the following statements is true about a promise to make a gift? Multiple Choice Upon delivery of the item, a true gift can be enforceable as a property transfer Promissory estoppel prevents a gift from being enforceable. A promise to make a gift is binding as a contract as it usually supports the bargain. A promise to make a gift becomes an option when it has a clause in the agreement that revokes the gift Insignificant consideration in return for a great one raises concerns that the exchange is actually not a gift.
A promise to make a gift is binding as a contract as it usually supports the bargain. This statement is true about a promise to make a gift.The correct answer is B.
A gift is a transfer of property from one person to another without consideration. Because it lacks consideration, a gift is not enforceable as a contract. The donor must intend to give the gift, the gift must be made to the donee, and the donee must accept the gift for a gift to be considered valid.
The terms of the contract become enforceable when the donee has provided consideration in exchange for the promise of the gift. When the bargain has been fulfilled, the donee is entitled to the gift. If the agreement is revoked, the donee may still be able to sue for the value of the consideration provided.
The exchange may not be considered a gift if insignificant consideration is exchanged for a greater one. This may suggest that the exchange was not meant to be a gift and that there was an exchange of consideration.
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if you expected a long period of declining gdp, what kinds of companies would you invest in? instructions: in order to receive full credit, you must make a selection for each option. for correct answer(s), click the box once to place a check mark. for incorrect answer(s), click the option twice to empty the box. check all that apply producing high end electronic goodsunanswered fine restaurantsunanswered producing non-branded foodunanswered public transport
Companies involved in producing non-branded food and public transport may be more resilient and potentially experience increased demand. However, producing high-end electronic goods and fine restaurants may face challenges due to reduced consumer spending.
In a long period of declining GDP, certain types of companies tend to perform relatively well. Here are some potential investment options to consider:
Producing high-end electronic goods: Unchecked
High-end electronic goods are often considered luxury items. During an economic downturn, consumer spending may shift towards more affordable or essential products, resulting in decreased demand for expensive electronics.
Fine restaurants: Unchecked
Fine dining restaurants typically cater to wealthier individuals who may reduce discretionary spending during an economic downturn. Consequently, these establishments might experience a decline in customer traffic and revenue.
Producing non-branded food: Checked
During an economic downturn, consumers may opt for more affordable food options, including non-branded or generic food products. Companies involved in producing such goods might see increased demand as consumers prioritize cost-effective choices.
Public transport: Checked
Public transport can be a more cost-effective alternative to private vehicles, particularly during times of financial strain. As people tighten their budgets, they may opt for public transportation over car ownership or more expensive commuting options. Consequently, public transport companies might experience relatively stable or even increased demand.
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Westpac bank earns 5% on $4 billion of interest-earning assets. It has total liabilities of $2.5 billion, which on average costs 3%. If the bank has total equity of $2 billion, what is its Interest Rate Margin?
a.6.25% b.3.13% c.2.08% d.2.78%
2.Which of the following regulators is responsible for issuing the Australian financial services (AFS) licence?
a.Federal Treasury
b.The Australian Prudential Regulation Authority (APRA)
c.Australian Securities and Investments Commission (ASIC)
d.The Reserve Bank of Australia (RBA)
Answer : The correct answer is option c.
1. Calculation of Interest Rate Margin :
Interest rate margin is the difference between the interest rate a bank charges borrowers and the interest rate it pays depositors. It measures the profit a bank makes on its interest-earning assets.
It is calculated as follows:Interest Rate Margin = Interest rate on interest-earning assets - Interest rate on liabilities
Interest rate on interest-earning assets = 5%
Interest rate on liabilities = 3%
Equity = $2 billion
Total liabilities = $2.5 billion
Interest-earning assets = $4 billion
Therefore, Interest Rate Margin = 5% - 3% = 2%.The correct answer is option c.
2. Issuing of Australian Financial Services (AFS) licence :
The Australian Securities and Investments Commission (ASIC) is the regulatory body that issues the Australian Financial Services (AFS) license.
It is the licensing, markets, and consumer protection regulator for Australia's financial system, responsible for enforcing laws and regulations governing Australian companies and financial markets. The correct answer is option c.
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Complete the following by calculating the cash discount and net amount paid: (If more than one discount, assume date of last discount.) Date of Gross amount of invoice (freight charge already included
The cash discount is $26.00 and the net amount paid is $624.00.
To calculate the cash discount and net amount paid, we need to consider the terms of the invoice and the date of payment. The terms of the invoice state "4/10, 2/15, n/30." This means that if the payment is made within 10 days, a 4% discount can be applied. If the payment is made within 15 days, a 2% discount can be applied. Otherwise, the full amount is due within 30 days.
The date of payment is given as 8/15. Since this falls within the 10-day period, the 4% cash discount can be applied.
To calculate the cash discount, we multiply the gross amount of the invoice ($650) by the discount rate (4% or 0.04):
Cash discount = $650 * 0.04 = $26.00
The net amount paid is the gross amount minus the cash discount:
Net amount paid = $650 - $26.00 = $624.00
Therefore, the cash discount is $26.00, with a net payment of $624.00.
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How to do the following Questions?
1) Provide any 4 characteristics of a perfect competitive firm?
2) What are the short-run profits for a perfect competitive firm?
3) What is the supply curve of the above firm? Explain.
4) Identify the long-run profit for the same firm and describe how it is achieved.
5) Is perfect competitive structure efficient? Why or why not?
Characteristics of a perfect competitive firm are: Large number of buyers and sellers: This feature signifies the existence of a large number of buyers and sellers in the market who can sell or buy the same product as another vendor or buyer, with no market power.
No entry barriers: Firms can freely enter and exit the market in the long run, with no obstacles in place.Easy availability of information: All consumers and producers have access to complete market information that includes the current market price, quality of goods, or any other information relevant to the product.Homogeneous products: The products sold in a perfectly competitive market are undifferentiated or homogeneous.2) In the short run, a perfectly competitive firm's profit is earned when the price exceeds its average total cost, including fixed costs. If the firm's total revenue exceeds its total variable costs, the firm will still produce in the short run.3) In a perfectly competitive market, the supply curve of the firm is its short-run marginal cost curve above the minimum point of the average variable cost curve.
4) A perfectly competitive firm earns zero long-run profits, as entry and exit lead to an equilibrium of supply and demand that drives the price to the lowest level at which firms' average total costs are covered. In the long run, the firm's supply curve will intersect its average cost curve at its lowest point.
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Given the following parameters: Perfect Competition in Output Market Perfect Competition in Labour Market P is constant w is constant P = $100 W = $10 Q = L^0.5 Calculate the optimal amount of labour O a. 40 b. 10 O c. 25 O d. 20 e. 30
The optimal amount of labor is 20. In perfect competition, the optimal level of labor is determined by equating the marginal product of labor (MPL) to the wage rate (W).
Given the production function [tex]Q = L^0.5[/tex], the MPL is calculated as the derivative of the production function with respect to labor [tex](dQ/dL)[/tex].
Taking the derivative of Q with respect to L, we get [tex]MPL = 0.5 * L^(-0.5).[/tex]Setting MPL equal to the wage rate W, which is $10, we have [tex]0.5 * L^(-0.5[/tex]) = $10.
Solving this equation for L, we find L = 20. Therefore, the optimal amount of labor required to maximize output is 20.
This means that at the wage rate of $10 and the given production function, the firm should employ 20 units of labor to achieve the highest level of output. The other options (40, 10, 25, and 30) are not the optimal amounts of labor as they do not satisfy the condition of MPL equaling the wage rate.
Therefore, the correct option is (d) 20.
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Business Cycles – End of Chapter Problem a. Seasonally adjusted data are data adjusted for some seasons but not others. data adjusted for the weather. data stripped of predictable seasonal patterns. data from one season modified to represent another season.
Seasonally adjusted data are c) data stripped of predictable seasonal patterns.
Seasonally adjusted data are calculated by dividing time series data into several components. This procedure involves dissecting a time series into four different components using well-established statistical techniques: (1) the trend-cycle, (2) seasonal impacts, (3) additional calendar effects such as trading days and moving holidays, and (4) the irregular component.
The seasonally adjusted series is the original time series minus the estimated seasonal and calendar impacts, or the calculated combination of the trend-cycle and irregular components.
Seasonal adjustment is not always suitable or necessary. Seasonal adjustment is not required for a series that does not demonstrate a discernible seasonal trend or other calendar-based impacts.
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Correct question:
Seasonally adjusted data are
a) data adjusted for some seasons but not others.
b) data adjusted for the weather.
c) data stripped of predictable seasonal patterns.
d) data from one season modified to represent another season.
It would be of immense help if you would respond by submitting to the Board of Baylor a report that incorporates ALG's formal banking advice: a) on Baylor's prevailing WACC, with supporting calculations and including the following computed items in your calculations: i. growth rate, g. 11. dividend yield. 111. cost of equity. iv. internal rate of return on the redeemable debentures. Pre-tax cost of debt. V. Post-tax cost of debt.
To provide general guidance on calculating the weighted average cost of capital (WACC), but please note that you should consult with a financial professional or refer to your company's financial statements for accurate and up-to-date information.
To calculate the WACC, you would typically follow these steps:
1. Determine the capital structure: Identify the proportion of equity and debt in Baylor's capital structure. This can be done by examining the company's financial statements or consulting with relevant stakeholders.
2. Calculate the cost of equity: The cost of equity represents the return expected by equity investors. It can be estimated using various methods, such as the dividend discount model (DDM) or the capital asset pricing model (CAPM).
3. Calculate the cost of debt: The cost of debt represents the interest rate paid on outstanding debt. It can be calculated by considering the pre-tax and post-tax cost of debt. The pre-tax cost of debt is the interest rate Baylor pays on its debt, while the post-tax cost of debt takes into account any tax benefits associated with interest expenses.
4. Determine the dividend yield: The dividend yield is the dividend per share divided by the stock price. It represents the return generated by dividends.
5. Calculate the growth rate: The growth rate reflects the expected rate at which Baylor's earnings or dividends are expected to grow over time. This can be estimated based on historical data, industry projections, or other relevant factors.
6. Calculate the internal rate of return (IRR) on the redeemable debentures: The IRR represents the rate of return that makes the present value of the debenture's cash flows equal to its initial investment. This can be calculated using financial modeling techniques.
Once you have calculated the above components, you can apply the WACC formula, which is typically expressed as:
WACC = (E/V) * Ke + (D/V) * Kd * (1 - Tc)Where:
E/V is the equity proportion in the capital structureKe is the cost of equityD/V is the debt proportion in the capital structureKd is the cost of debtTc is the corporate tax rateAbout AverageThe average is a number that represents a set of data. In statistics, mean, average, or mean has three related meanings: Arithmetic mean, the meaning most commonly known to the layman. Expected value of a random modifier. A measure of the centrality of a probability distribution.
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Question 1: Share capital and reserves Gumtree Ltd open for initial public offering for 5 million shares at a rate of $2.00 per share. Application close on 15th February 2022 with $1.00 and balance 1.
These journal entries below account for the various events related to Gumtree Ltd's initial public offering and subsequent actions.
What are the journal entries to account for the events related to Gumtree Ltd's initial public offering?Journal Entries:
On 15th February 2022, when applications were received for 7 million shares:
Dr. Bank Account $7,000,000Cr. Share Application Account $7,000,000On 25th February 2022, when shares were allotted on a pro rata basis:
Dr. Share Application Account $2,000,000Cr. Share Capital Account $2,000,000(This entry represents the amount received for the allotted shares at the rate of $2.00 per share.)
On 25th February 2022, when excess application money was adjusted against the final payment:
Dr. Share Application Account $1,000,000Cr. Share Allotment Account $1,000,000(This entry reduces the excess application money against the final payment due.)
On 27th March 2022, when subscribers failed to make the final payments for 1 million shares:
Dr. Share Allotment Account $1,000,000Cr. Share Forfeiture Account $1,000,000(This entry records the forfeiture of shares due to non-payment.)On 10th April 2022, when forfeited shares were reissued at $1.60 with full payment:
Dr. Share Forfeiture Account $1,000,000Dr. Share Capital Account $600,000Dr. Share Premium Account $400,000Cr. Share Allotment Account $2,000,000(This entry cancels the forfeiture of shares and reissues them at a reduced price of $1.60 per share.).
Full question:
Share capital and reserves Gumtree Ltd open for initial public offering for 5 million shares at a rate of $2.00 per share. Application close on 15th February 2022 with $1.00 and balance 1.00 will be payable within 30 days of allotment. Gumtree Ltd received application for 7 million shares on 15th February 2022. On 25 February 2022, management decided to allot shares on pro rata basis with excess amount received will be reduce against final payment due. Subscribers of 1 million shares fail to make the final payments due on 27th March 2022. On 10th April 2022,1 million shares forfeited and reissued at 1.60 with full payment. REQUIRED Provide the journal entries to account for the above events.
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Use lean accounting to prepare journal entries for the following transactions. 1. Sold $33,650 of goods for cash. 2. Recorded cost of goods sold of $23,650 and finished goods inventory of $1,900. View
Using lean accounting principles, the journal entry for the transaction "Sold $33,650 of goods for cash" would be as follows Date: [Date of the transaction], Debit: Cash [$33,650], Credit: Revenue [$33,650].
Lean accounting focuses on eliminating waste and simplifying the accounting process.
In this transaction, the company sold goods for cash, which results in an increase in the cash balance. Therefore, cash is debited for the amount received.
On the other hand, revenue is credited to recognize the increase in the company's income as a result of the sale.
The use of lean accounting emphasizes a simplified approach, where excessive accounts and complex allocation methods are avoided.
Instead, it focuses on providing relevant and timely information that is essential for decision-making.
By keeping the journal entry straightforward and concise, lean accounting principles allow for a more efficient and effective financial reporting process.
This approach eliminates non-value-added steps and reduces complexity, enabling the company to focus on value creation and continuous improvement.
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Question: Use lean accounting to prepare journal entries for the following transactions. 1. Sold $33,650 of goods for cash. 2. Recorded cost of goods sold of $23,650 and finished goods inventory of $1,900. View transaction list Journal entry worksheet A B > Sold $33,650 of goods for cash. Note: Enter debits before credits. Transaction 1 Record entry General Journal Clear entry Debit Credit View general journal.
The current potato price is $50/ton. If quantity demanded is at 220 million tons, how much must prices change before the market is in equilibrium? Market for Potatoes $200 75 240 $180
The prices must decrease by $10/ton for the market to reach equilibrium.
In order for the market to reach equilibrium, where quantity demanded equals quantity supplied, the prices need to adjust accordingly. Currently, the price of potatoes is $50/ton, and the quantity demanded is 220 million tons. To determine the price change required for equilibrium, we need to analyze the market conditions.
If the quantity demanded is higher than the quantity supplied, it indicates a shortage in the market. In this case, the market is not in equilibrium, and prices need to decrease to encourage more suppliers to enter the market and increase the quantity supplied.
To calculate the required price change, we need to compare the quantity demanded with the quantity supplied at the given price of $50/ton. Unfortunately, the information provided is incomplete, as the quantities supplied at different prices are missing. Without this data, we cannot accurately determine the exact price change required for equilibrium.
However, based on the given information, we can conclude that the prices must decrease to some extent. If the market currently has a quantity demanded of 220 million tons but is not in equilibrium, we can infer that the current price of $50/ton is too high. Therefore, a decrease in price is necessary to encourage more suppliers and bring the market into equilibrium.
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Your firm has $ 100,000 in fixed costs. The price of your product is $ 35. The per unit variable costs are $ 5. Your break even level of sales is__________
a. 3,334
b. 2,857
c. 20,000
d. 100,000
e. not enough information
Given, Fixed costs= $100,000 Price of the product= $35Variable cost per unit= $5We need to calculate break even level of sales. The formula for break-even point in sales is given by Break even point in sales = Total fixed costs / Contribution margin per unit Contribution margin per unit is given by Contribution margin per unit = Selling price per unit - Variable cost per unit= $35 - $5= $30
Now, substituting the values in the formula for break even level of sales we get Break even point in sales = Total fixed costs / Contribution margin per unit= $100,000 / $30= 3333.33 units Therefore, the break even level of sales is 3,334. (a)More than 100 words solution Break-even point (BEP) in economics refers to the level of sales or unit production that allows a company to break even with zero net income.
Fixed costs, variable costs, and price per unit are the three critical components in determining the break-even point of a product. In the given question, we have to calculate the break even level of sales. Given, Fixed costs= $100,000Price of the product= $35Variable cost per unit= $5Now, we can calculate the contribution margin per unit. Contribution margin is the difference between the selling price and the variable cost of the product. Contribution margin per unit = Selling price per unit - Variable cost per unit= $35 - $5= $30Using the formula of break-even point in sales Break even point in sales = Total fixed costs / Contribution margin per unit= $100,000 / $30= 3333.33 units Therefore, the break even level of sales is 3,334. Hence, the correct option is (a).
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in the preliminary investigation report, the ____ section contains the results of the preliminary investigation, including a description of the project’s scope, constraints, and feasibility.
In the preliminary investigation report, the findings section contains the results of the preliminary investigation, including a description of the project’s scope, constraints, and feasibility.
A preliminary investigation report is used to provide the sponsor with a comprehensive understanding of the proposed project's background, goals, and issues. It includes research, reports, and interviews with stakeholders. The findings section of the preliminary investigation report, which summarizes the results of the preliminary investigation, is critical.
The preliminary findings report's purpose is to inform the sponsor of the project's feasibility and whether or not it should be continued. The findings section is the preliminary investigation report's most important section. This is where all of the preliminary investigation's data is analyzed and processed. It includes a description of the project's scope, constraints, and feasibility.
It provides a comprehensive summary of the sponsor's needs and objectives. The report examines how the project will meet the sponsor's objectives while staying within the proposed constraints. A project's preliminary investigation is crucial since it sets the stage for the project's entire life cycle.
The project team will build the project plan and create the product or service based on the results of the preliminary investigation. The sponsor, project team, and stakeholders rely heavily on the preliminary investigation report's findings section to make decisions and create the project plan. Thus, the findings section of a preliminary investigation report is a critical aspect of the project management process.
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