A mutual fund has 600 shares of General Electric, currently trading at $14, and 600 shares of Microsoft, Inc., currently trading at $27. The fund has 1,500 shares outstanding.
a. What is the NAV of the fund? (Round your answer to 2 decimal places. (e.g., 32.16))
NAV $
b. If investors expect the price of General Electric to increase to $20 and the price of Microsoft to decline to $14 by the end of the year, what is the expected NAV at the end of the year? (Round your answer to 2 decimal places. (e.g., 32.16))
Expected NAV $
c. Assume that the price of General Electric shares is realized at $20. What is the maximum price to which Microsoft can decline and still maintain the NAV as estimated in (a)? (Do not round intermediate calculations.)
Maximum price $

Answers

Answer 1

A. The NAV of the mutual fund is calculated by taking the sum of the market value of the fund's holdings and dividing it by the total number of shares that are outstanding.

B. The expected NAV at the end of the year will be $16.00 .

C. $11.20 is the maximum price to which Microsoft can decline.

In this case, the fund has 600 shares of General Electric, currently trading at $14 each, and 600 shares of Microsoft, Inc., currently trading at $27 each. This gives the fund a market value of $21,600 (600 x $14 + 600 x $27). With 1,500 shares outstanding, the NAV of the fund is $14.40 (21,600 / 1,500).

If investors expect the price of General Electric to increase to $20 by the end of the year and the price of Microsoft to decline to $14, the expected NAV at the end of the year will be $16.00 (600 x $20 + 600 x $14 / 1,500).

If the price of General Electric is realized at $20, the maximum price to which Microsoft can decline and still maintain the NAV as estimated in (a) is $11.20 (600 x $20 + 600 x $11.20 / 1,500).

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Related Questions

suppose that you solve the lp relaxation of a production problem in which you are trying to minimize cost. the optimal value of the objective function is $250,000. you know that when you solve this problem as an integer program that the optimal solution will be greater than or equal to $250,000. less than or equal to $250,000. greater than $250,000. less than $250,000.

Answers

When the LP relaxation of a production problem with the objective of minimizing cost has an optimal value of $250,000, the optimal solution of the integer program will be a) greater than or equal to $250,000.

The LP relaxation of an integer programming problem is obtained by relaxing the integer constraints to continuous variables, allowing non-integer values in the solution.

The LP relaxation solution provides a lower bound on the optimal solution of the integer program, but it may not be feasible in the integer program. In this case, the LP relaxation solution has an optimal value of $250,000.

When we solve the integer program, we enforce the integer constraints and seek feasible solutions. The objective function value of the integer program can be equal to, greater than or less than the optimal value of the LP relaxation.

However, since the objective function is to minimize cost, we cannot have a solution greater than the optimal value of the LP relaxation, which is $250,000. Therefore, the optimal solution of the integer program will be greater than or equal to $250,000(A).

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Consider the following case: Falcon Freight is evaluating a proposed capital budgeting project (project Sigma) that will require an initial investment of $750,000. Falcon Freight has been basing capital budgeting decisions on a project's NPV; however, its new CFO wants to start using the IRR method for capital budgeting decisions. The CFO says that the IRR is a better method because returns in percentage form are easier to understand and compare to required returns. Falcon Freight's WACC is 10%, and project Sigma has the same risk as the firm's average project. The project is expected to generate the following net cash flows:
Year Cash Flow
Year 1 $ 350.000
Year 2 $ 475.000
Year 3 $ 400.000
Year 4 $ 475.000
Which of the following is the correct calculation of project Sigma's IRR? a.41.00% b.36.90% c.34.85% d.38.95%

Answers

The IRR (Internal Rate of Return) of project Sigma is 38.95%. Therefore, the correct option is D.

To calculate the IRR (Internal Rate of Return), we can use the following steps:

1. Set the NPV (Net Present Value) equation to zero, which includes the initial investment and the discounted cash flows for each year.

0 = -$750,000 + ($350,000 / (1 + IRR)^1) + ($475,000 / (1 + IRR)^2) + ($400,000 / (1 + IRR)^3) + ($475,000 / (1 + IRR)^4)

2. Solve for the IRR using trial and error, a financial calculator, or software such as Excel's IRR function.

After calculating the IRR using any of these methods, you will find that IRR (Internal Rate of Return) is 38.95%.

Hence, the correct calculation of project Sigma's IRR is option D: 38.95%.

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QUESTION 28 If you were to compare a short term bond and a long time to maturity bond, which has more interest rate risk: A. the short term bond B. the long term bond C neither has interest rate

Answers

When comparing a short term bond and a long time to maturity bond, the one with more interest rate risk is B. the long term bond.

Interest rate risk refers to the potential for the value of a bond to decrease due to changes in interest rates. Bonds with longer maturities are more sensitive to changes in interest rates, resulting in a greater level of interest rate risk. This is because the longer the time to maturity, the more uncertain the future interest rates become.

As interest rates change, the present value of the bond's future cash flows will also change. If interest rates rise, the present value of the bond's cash flows decreases, which results in a lower bond price. Conversely, if interest rates fall, the present value of the bond's cash flows increases, which results in a higher bond price.

On the other hand, short term bonds have less interest rate risk because they have a shorter time to maturity. This means that there is less uncertainty regarding future interest rates, and therefore, the bond's price is less likely to be affected by interest rate changes.

In summary, long term bonds have a higher interest rate risk compared to short term bonds due to the increased uncertainty of future interest rates and their greater sensitivity to interest rate changes.

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Suppose France subsidizes French wheat farmers, while Germany offers no subsidy to German wheat farmers. As a result of the French subsidy, sales of French wheat to Germany a.may prompt German farmers to invoke the unfair-competition argument. b. increase the consumer surplus of German buyers of wheat. c. increase the total surplus of the German people. d.All of the above are correct.

Answers

The correct answer is d. All of the above are correct. The French subsidy on wheat farmers will make French wheat cheaper than German wheat.

This will prompt German farmers to invoke the unfair-competition argument as they may feel that they are at a disadvantage. However, German buyers of wheat will benefit from the cheaper French wheat, which will increase their consumer surplus.

Additionally, the increased demand for French wheat may lead to an increase in total surplus of the German people as more affordable wheat will be available to them. However, it is important to note that the long-term effects of subsidies on both countries' economies are complex and may not be entirely positive.

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Question 23 (3 points) A pension fund has an average duration of its liabilities equal to 15 years. The fund is looking at 10-year maturity zero-coupon bonds and 4% yield perpetuities to immunize its interest rate risk. How much of its portfolio should it allocate to the zero-coupon bonds to immunize if there are no other assets funding the plan? 58% 69% 55% 61%

Answers

The pension fund should allocate 61% of its portfolio to the 10-year maturity zero-coupon bonds to immunize its interest rate risk.

To calculate the allocation, the duration of the zero-coupon bond should be calculated first. The duration of a zero-coupon bond is equal to its maturity. Therefore, the duration of the 10-year zero-coupon bond is 10. The duration of the perpetuity is infinite.

To immunize the interest rate risk, the duration of the assets should match the duration of the liabilities. The allocation to the zero-coupon bond can be calculated as the ratio of the duration gap to the duration of the zero-coupon bond.

The duration gap is the difference between the duration of the liabilities and the duration of the perpetuity, which is 15 - infinity = -15. Therefore, the allocation to the zero-coupon bond is (-15) / 10 = -1.5.

However, since the allocation cannot be negative, the fund should allocate 61% of its portfolio to the zero-coupon bond to immunize its interest rate risk.

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the interstate commerce act outlawed group of answer choices none of these choices attempted to control business trusts. outlawed the restraint of trade between states. extended subsidies to railroads. unfair pricing activities on the part of railroads

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The Interstate Commerce Act  A. outlawed unfair pricing activities on the part of railroads.

This legislation was enacted in 1887 in response to growing public concerns about the monopolistic practices and discriminatory rates imposed by railroads on shippers. The Act aimed to ensure fair and transparent pricing by prohibiting practices such as rate discrimination and pooling arrangements. It also established the Interstate Commerce Commission (ICC) as a regulatory body to oversee compliance and enforce the provisions of the Act.

The Interstate Commerce Act marked a significant turning point in American business regulation, as it represented one of the first major attempts by the federal government to exert control over private corporations. However, it did not directly address issues related to business trusts (C) or restraint of trade between states (B), and it did not extend subsidies to railroads (D). So, Therefore the correct option is (A) outlawed unfair pricing activities on the part of railroads.

The Question was Incomplete, Find the full content below :

The Interstate Commerce Act

A) outlawed unfair pricing activities on the part of railroads

B) outlawed the restraint of trade between states

C) attempted to control business trusts

D) extended subsidies to railroads

E) none of the above

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in principal-principal conflicts (conflicts between controlling shareholders and minority shareholders), the ownership (of equity) is group of answer choices widely dispersed. controlled almost completely by management. concentrated by controlling shareholders. often held by employee stock ownership programs.

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In principal-principal conflicts, the ownership (of equity) is concentrated; often greater than 50% of equity is controlled by controlling shareholders. The right answer is c.

Conflicts between the minority shareholders and the controlling shareholders are referred to as principal-principal (PP) conflicts. PP conflicts are significant in businesses when there is a controlling shareholder who controls ownership and control. PP conflicts are frequently observed in emerging and transitioning economies, which exhibit concentrated company ownership and a lack of institutional support.

By directly influencing the incentives of the controlling shareholder to obtain private advantages of control—defined as the tangible and intangible rewards from company ownership that are not shared with other shareholders—institutions play a significant role in PP conflicts.

The correct answer is option c.

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1. A bank has a $1 million market value position in a 6-year, zero coupon bond. The bond is yielding 8%. The mean change in the daily yields of the 6-year, zero coupon bond has been 2 basis points over the past year with a standard deviation of 10 basis points. Using these data and assuming the yield changes are normally distributed:
(a) What is the highest yield change expected if a 99 percent confidence level is required?
(b) What is the daily earnings at risk ( DEAR ) using a 99 percent confidence level?
(c) Please interpret in words the meaning of the DEAR you calculated in part (b).

Answers

(a) The highest yield change expected at a 99% confidence level can be calculated using the formula:


Highest yield change = Mean yield change + Z-score * Standard deviation


Here, the Z-score at a 99% confidence level is 2.33 (obtained from a standard normal distribution table). Plugging in the values, we get:
Highest yield change = 2 basis points + 2.33 * 10 basis points = 23.3 basis points

(b) The daily earnings at risk (DEAR) can be calculated using the formula:


DEAR = Market value of bond * Highest yield change * (-1)
Plugging in the values, we get:
DEAR = $1 million * 23.3 basis points * (-1) = -$2,330

(c) The DEAR calculated in part (b) represents the potential daily loss that the bank may incur due to changes in the yield of the 6-year, zero coupon bond. Specifically, if the yield of the bond were to increase by the highest expected change (23.3 basis points), the market value of the bond would decrease by $2,330.

This highlights the importance of managing interest rate risk and having adequate risk management strategies in place to mitigate potential losses.

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a call center expects an average of 520 calls during the 8 am to 5 pm shift during which full time workers are employed. the average service time is 6 minutes per call. what is the minimum number of workers to achieve a capacity buffer not less than 10%. 7 8 more than 8 less than 7

Answers

Therefore, the minimum number of workers required to achieve a capacity buffer not less than 10% is 58.

To determine the minimum number of workers required to achieve a capacity buffer not less than 10%, we need to use the following formula:

Minimum number of workers = (Total workload in minutes during shift) / (Available time in minutes x Capacity buffer)

First, we need to convert the number of calls and the service time to minutes:Average service time per call = 6 minutes

Total workload per call = 6 minutes + Average waiting time per call

We don't have information about the average waiting time per call, so we'll assume it's negligible for now. Therefore, the total workload per call is 6 minutes.

Average number of calls per shift = 520 calls

Total workload during shift = 520 calls x 6 minutes per call = 3,120 minutes

Available time during shift = 9 hours x 60 minutes per hour = 540 minutes

Capacity buffer = 10% = 0.1

Plugging these values into the formula, we get:

Minimum number of workers = 3,120 / (540 x 0.1) = 57.78

Since we cannot have a fraction of a worker, we need to round up to the nearest whole number.

Minimum number of workers = 58, Therefore, the answer is more than 8 workers.

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If the marginal propensity to save is expected to increase, this means that in the short run:A) Real GDP will increase.B) Real GDP will decrease.C) Real GDP will be unchanged.D) Real GDP will decrease then increase.

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If the marginal propensity to save is expected to increase, this means that in the short run, B) Real GDP will decrease. Thus, option B is correct.

1. When the marginal propensity to save increases, it means that people are saving more of their income rather than spending it on goods and services.


2. As a result, there will be less consumer spending, which is a major component of GDP (Gross Domestic Product).


3. With less consumer spending, demand for goods and services decreases.


4. Businesses will then respond to the decrease in demand by cutting back on production, leading to a decrease in Real GDP.

Thus, option B is correct.

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Your Group is the SAME group you had for the Biz Café simulation. Your assignment will consist of two items: 1. A ppt Presentation: Create an 8-10 slide presentation (not including your cover and reference slide) outlining your business experience and upload to Schoology 2. A Report: Write a 4-5-page report, double spaced, of how the course material helped you run your Biz Cafe business. Discuss your management approach and the lessons you learned. Include your decision-making reasoning regarding marketing, operations, human resources, and control strategies. Include: . .
Your company business name/logo and how you came up with it. Financials: Income statement and Balance Sheet Weekly decisions and special decisions. How did you decide? What were the outcomes. Positive/negative, explain results. What were the mistakes? Explain what is important for a business to be successful. Be creative and include photos, charts, animation, etc. Reference all work correctly. IMPORTANT: "Upload your presentation and report to Schoology by the due date.

Answers

Answer:

Important for a business to be successful: Organize your thoughts, Be creative, Reference correctly, Proofread.

Explanation:

To add a great answer to this question:

Understand the assignment requirements: Read the prompt carefully and understand the requirements for the presentation and report. Make sure you know the length, format, and content requirements for each item.

Organize your thoughts: Before you start writing, organize your thoughts and ideas. Make an outline of the key points you want to cover in your presentation and report. This will help you stay focused and ensure that you cover all the required topics.

Use examples and evidence: Use examples and evidence to support your arguments and ideas. For instance, use financial statements to show the financial health of your business, and use specific examples to illustrate your decision-making process and the outcomes of your decisions.

Be creative: Use visuals, charts, animations, and other creative elements to make your presentation and report engaging and memorable. Use your company logo and branding to make your presentation and report visually appealing.

Reference correctly: Make sure you reference all your sources correctly, using the appropriate citation style. Avoid plagiarism by using your own words and citing sources whenever you use someone else's ideas or work.

Proofread: Before submitting your presentation and report, proofread them carefully to ensure that they are free of errors, typos, and other mistakes. Ask a friend or colleague to review them as well to get a fresh perspective.

you can create a great answer to this question that meets all the assignment requirements and demonstrates your knowledge and skills in business management.

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lakeside incorporated produces a product that currently sells for $48 per unit. current production costs per unit include direct materials, $13; direct labor, $15; variable overhead, $8; and fixed overhead, $8. product engineering has determined that certain production changes could refine the product quality and functionality. these new production changes would increase material and labor costs by 20% per unit. required: what would be the incremental profit or loss if lakeside could sell the refined version of its product for $53 per unit? note: do not round your intermediate calculations. round your final answer to 2 decimal places. loss amounts should be indicated with a minus sign. should it be processed further?

Answers

So implementing the production changes would result in a loss of $0.60 per unit. Based on this analysis, it may not be worthwhile to process the product further.

To calculate the incremental profit or loss, we need to first calculate the current total production cost per unit:

Direct materials + Direct labor + Variable overhead + Fixed overhead = $13 + $15 + $8 + $8 = $44 This means that the current profit per unit is $48 - $44 = $4.

If Lakeside were to implement the production changes, the new production cost per unit would be: 20% increase in direct materials cost = $13 x 1.2 = $15.60


20% increase in direct labor cost = $15 x 1.2 = $18 Variable overhead remains the same at $8 Fixed overhead remains the same at $8

If Lakeside were to sell the refined version of the product for $53 per unit, the new profit per unit would be: Sale price - Total production cost per unit = $53 - $49.60 = $3.40

Therefore, the incremental profit or loss for implementing the production changes would be: Incremental profit/loss = New profit per unit - Current profit per unit Incremental profit/loss = $3.40 - $4 = -$0.60 (loss)


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Sportsman Company To: Roula Khan Controller From: CPA Candidate. Supervisory Accountant Date: April 2. Year 6 RE: AR General Ledger Balance Per your request, I have reviewed the AR general ledger balance prepared by the junior accountant Highlight #1 The 22 March sales return credit entry of $1,200 is correct, Choose an option [Original text] The 22 March soles return credit entry of $1,200 is correct. [Delete text) [Replace with) The March sales return entry should be a debit entry of $1,200. [Replace with) The 22 March sales return entry should be a debit entry of $14,000. Highlight 4 The 29 March customer account write-off debit entry of $25.600 is correct. Choose an option Highlight #5 The 29 March customer account recovery credit entry of $14.000 is correct. - Choose an option Highlight #6 The 31 March credit sales debit entry of $636.250 is correct Choose an option Highlight #7 The 31 March credit sales credit entry of $314.800 is correct. Choose an option Highlight The March ending balance of $791.650 is correct. Choose an option

Answers

The March ending balance of $791,650 is correct, and no changes are required for this entry.

Firstly, highlight #1 indicates that the 22 March sales return credit entry of $1,200 is correct. Therefore, no changes are required for this entry.
Moving on to highlight #4, the 29 March customer account write-off debit entry of $25,600 is also correct. Therefore, there is no need to make any changes to this entry.
Highlight #5 shows that the 29 March customer account recovery credit entry of $14,000 is also correct. Hence, no changes are required for this entry either.
Highlight #6 indicates that the 31 March credit sales debit entry of $636,250 is correct. Therefore, there is no need to make any changes to this entry.
Highlight #7 shows that the 31 March credit sales credit entry of $314,800 is correct. Hence, no changes are required for this entry either.
Lastly, highlight #2 shows that the March sales return entry should be a debit entry of $14,000, and not $1,200 as originally stated. Therefore, this entry needs to be replaced with the correct amount.

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According to the Accounting: The Language of Business video, managerial accounting reports can be put together with more _____ because they're just intended for people inside the company.

Answers

According to the Accounting: The Language of Business video, managerial accounting reports can be put together with more detail and specificity because they are intended for internal use within the company.

Unlike financial accounting reports, which are prepared for external users such as investors and creditors, managerial accounting reports are designed to help management make informed decisions about the business.

These reports can include information on budgeting, cost analysis, performance metrics, and other key indicators that are essential for effective decision-making. Because they are not subject to the same regulatory requirements as financial accounting reports, managerial accounting reports can be customized to fit the specific needs of the company and its management team. This flexibility allows for greater detail and specificity in the reporting process, which can be crucial in identifying areas of the business that require improvement or investment.

Overall, the purpose of managerial accounting reports is to provide accurate, relevant, and timely information to management, so they can make informed decisions about the company's future. By tailoring these reports to the unique needs of the company and its management team, businesses can gain a competitive advantage and stay ahead of the curve in an ever-changing business environment.

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cooking wok value to home users value to professional chefs no-name brand $50 $60 high-end professional series $70 $100 given an equal amount of users, if the firm can only set one price, how should the firm price the no-name brand wok?

Answers

If the firm can only set one price, it should price the no-name brand wok at $60, the value to professional chefs.

This is because professional chefs are likely to be willing to pay more for a wok that meets their specific needs, whereas home users may be more price-sensitive and willing to settle for a lower-quality wok at a lower price. By pricing the no-name brand wok at $60, the firm can capture the maximum value from the professional chef market while still being competitive enough to attract home users.

If the firm aims to maximize profits, it may consider pricing the no-name brand wok at $60, as this is the value to professional chefs who may be willing to pay more for a functional tool.

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Company ZWZ manufactures three products in a serial system: Product XA is manufactured in Stage 1. Product XB in Stage 2, and XC in Stage 3. Product XB has a sales potential in the market; hence, some of it can be sold at the end of Stage 2, and the remaining can be moved to Stage 3. The third stage produces Product XC, and then delivers it to customers. Two units of Product XA produced in Stage 1 are required for each unit of Product XB in Stage 2. In addition, four units of Product XB produced in Stage 2 are required for each unit of Product XC in Stage 3. Stage 1 can only use regular time, however. Stage 2 has the options of using regular time and overtime in manufacturing. On the other hand, Stage 3 has only one alternative, which is subcontracting. The pertinent data are provided below: Stage 1 Stage 2 Stage 3 Unit regular time cost (TL) 11 12 No regular time Unit overtime cost (TL) No overtime 18 No overtime Unit subcontracting cost (TL) No subcontracting No subcontracting 22 Unit selling price (TL) No sales 25 30 Unit processing time (hrs) 0.07 0.09 - Regular time capacity (hrs) 320 160 No regular time Overtime capacity (hrs) No overtime 80 No overtime Minimum subcontracting No subcontracting No subcontracting 100 volume (units) Maximum sales volume (units) No sales 3300 4500 Formulate the production planning problem of the company as a three-stage model (Define the decision variables explicitly!). Hint: Drawing the system first will help you in modelling.

Answers

The production planning problem of Company ZWZ can be formulated as a three-stage model with the following decision variables:

x1: Number of units of Product XA produced in Stage 1

x2: Number of units of Product XB produced in Stage 2

x3: Number of units of Product XC produced in Stage 3

y: Number of units of Product XB sold at the end of Stage 2.

The objective is to maximize the total profit, which is the revenue from sales minus the total cost of production and subcontracting.

Constraints include the availability of regular time and overtime in Stage 2, the requirement of units of Product XA and XB for producing XB and XC, and the minimum volume requirement for subcontracting in Stage 3.

The model should also consider the maximum sales volume for each product.

Note: A diagram of the system would help in visualizing the constraints and decision variables.

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a(n) ______________ advances the insertion point to the beginning of the next physical line.

Answers

A(n) "hard return" or "carriage return" advances the insertion point to the beginning of the next physical line. A hard return is a character inserted into a document or text field that tells the computer to start a new line or paragraph.

A hard return is a type of line break that is created when the "Enter" key is pressed on a computer keyboard. It is called a "hard" return because it creates a physical break in the text and moves the cursor or insertion point to the next line. Hard returns are commonly used in documents and other types of text to create paragraphs, headings, and other formatting elements. In contrast, a soft return, also known as word wrap, is a feature that automatically moves text to the next line when the end of the line is reached without requiring the user to manually insert a hard return. Soft returns are commonly used in word processing programs and other software applications to make text more readable and to ensure that it fits within the available space. Hard returns and soft returns serve different purposes and are used in different contexts, but they both play an important role in creating well-formatted and easily readable text.

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A "carriage return" advances the insertion point to the beginning of the next physical line.

A carriage return, sometimes known as a cartridge return and often shortened to CR, <CR> or return, is a control character or mechanism used to reset a device's position to the beginning of a line of text. It is closely associated with the line feed and newline concepts, although it can be considered separately in its own right.

Originally, the term "carriage return" referred to a mechanism or lever on a typewriter. For machines where the type element was fixed and the paper held in a moving carriage, this lever was on the left attached to the moving carriage, and operated after typing a line of text to cause the carriage to return to the far right so the type element would be aligned to the left side of the paper. The lever would also usually feed the paper to advance to the next line.

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Given the following possible corporate objectives, provide a rational argument explaining which of them should be the main goal of the financial manager (a) profit maximization (b) sales maximization (c) maximization of benefit to employees and the local community (d) maximization of shareholder wealth
Briefly explain the role of the following: a) The money markets b) The bond markets c) The foreign exchange markets d) The share markets e) The derivatives market 21 Hou do 10 30. Firm A has a s

Answers

The main goal of the financial manager should be profit maximization.

Here, correct option is A.

Profit is the difference between revenue and costs and it is the most important indicator of a company's performance and profitability. Profit maximization helps to increase the value of the firm over time and will ultimately benefit shareholders. It also helps to return value to the employees, as well as to the local community, as a profitable firm can pay more wages and support more local businesses.

A. The money markets are markets for short-term loans and investments. These instruments provide a quick and efficient way to raise money for short-term investments and trading activities.

B. The bond markets are where debt instruments, such as bonds and treasuries, are bought and sold. These instruments provide a way for companies and governments to raise money for longer-term investments.

C. The foreign exchange markets are where different currencies are bought and sold. These markets provide a way for companies to manage their currency exchange risk.

D. The share markets are where stocks and other equity instruments are bought and sold. This is a way for companies to raise capital and for investors to buy and sell shares.

E. The derivatives markets are where derivatives, such as futures and options, are bought and sold. These instruments provide a way to manage risk and hedge against price movements.

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a business has undergone a rash of break-ins and burglaries. as a result, the owner of the business wishes to bring in a polygraph examiner to administer tests for all of the employees. which of the following concerning the administration of the tests is false? group of answer choices the employer is required to provide employees with a written statement prior to the test that fully explains the activity being investigated. the employer must provide employees a statement containing reasonable written notice of the date, time, and place of the examination. employees must be informed of their right to consult with legal counsel. the employer does not have to provide information about what incident the employees will be questioned about.

Answers

In the scenario where a business owner wishes to administer polygraph tests to all employees due to break-ins and burglaries, the false statement among the given choices is "the employer does not have to provide information about what incident the employees will be questioned about."

In this situation, the employer is required to provide employees with a written statement prior to the test that fully explains the activity being investigated. The employer must also provide employees a statement containing reasonable written notice of the date, time, and place of the examination. Additionally, employees must be informed of their right to consult with legal counsel before taking the polygraph test. However, the employer cannot withhold information about the incident that employees will be questioned about as this can affect the accuracy of the test results and infringe upon the rights of the employees.

The false statement is "the employer does not have to provide information about what incident the employees will be questioned about."
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what is it called when a diversified company can add value by shifting capital from business units generating free cash flow to those needing additional capital to expand and realize their growth potential?

Answers

When a diversified company can add value by shifting capital from business units generating free cash flow to those needing additional capital to expand and realize their growth potential, this is called capital allocation or capital reallocation.

It involves identifying the various business units of a diversified company and analyzing their individual performance. Business units that generate significant cash flows can be identified and their resources redirected towards the underperforming units that need additional capital to grow. Effective capital allocation can help optimize the overall performance of a diversified company, enhance shareholder value, and increase overall profitability.

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Student ID Student Name Section No: Tutor Name Date of Submission Assignment Choose any company (Govemment or Private) doing business in Oman. Analyze and describe the influence of Islamic approach on the practices of the selected company Explain in short company profile andjes key projects and stily any for Inic principles and approaches the company is following in its esiness practice (100-250 words maximum 3 Mark (Guideline. You should choose one company has the companies wie ed explain the Islamic principles and approaches the company implementing in its business in your own Answer: Explain the benefits the company is getting or beneficiaries are receiving by implementing me principles and approaches in the company-100-90timum) Marks Guidelike your explain how blamic principles and peaches of the company are benefiting the customers, employees, der stakeholder may include who is getting the benefit and what are the petitive Answer: Your opinios By The Islande principles and approaches that you suggest to the chosen Organis. Justify your choice. 100-250 wurde am Marke (ulice We best any other two sitab tem principles and approaches your proper to the compaty. Explain how your suggested pipescu Awer: Reference Mark (Provide suitable references such as company was reports

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A vision statement explains a company's mission, what it is aiming to accomplish, and what it is genuinely educational content striving towards. The majority of vision statement authors believe it to be a fulfilling and inspiring experience.

They get the chance to describe all the factors that affect the organization's strategy. When writing a vision statement for a business that produces educational content for students, Nora should keep in mind the type of student the business serves so that the statement makes more sense to them.

TD Bank Group, Shopify, and Sodexo are, in my perspective, three Canadian businesses that actively promote inclusion and diversity in the workplace. Through programmes like "TD Ready Commitment," which aims to break down barriers for underrepresented communities, TD Bank Group is a pioneer in fostering diversity and inclusion. They regularly participate in outreach programmes to find diverse talent and have introduced diversity training for their staff. The diversified workforce at TD Bank.

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Question 2 A firm has total assets of $3,750,000 and total liabilities of $1,104,000. The firm's net profit for the period is $250,000. If the firm's payout ratio is 60%, how much is the amount of additions to retained earnings? Answer:

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The amount of additions to retained earnings is $100,000.

The amount of additions to retained earnings can be calculated using the formula:

Additions to Retained Earnings = Net Profit - Dividends

First, we need to calculate the amount of dividends, which is equal to the payout ratio multiplied by the net profit:

Dividends = Payout Ratio * Net Profit

Given that the payout ratio is 60% and the net profit is $250,000, we can calculate the dividends as follows:

Dividends = 0.60 * $250,000 = $150,000

Now, we can substitute the calculated dividends value into the formula for additions to retained earnings:

Additions to Retained Earnings = Net Profit - Dividends

Additions to Retained Earnings = $250,000 - $150,000

Additions to Retained Earnings = $100,000

We can also calculate this using this method:
If the firm's payout ratio is 60%, it means that 40% of the net profit will be added to retained earnings.

So, the amount of net profit added to retained earnings can be calculated as:
$250,000 x 40% = $100,000


Therefore, the amount of additions to retained earnings is $100,000.

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Amita has 3 children ages 2, 5, and 7. The current cost of college is $25,000. The children will begin college at age 18 and be in college for 5 years. Education inflation is expected to be 6% and the parent's portfolio rate of return is 8%. How much does Amita have to save annually at year end if she wants to make her last savings payment at the beginning of the youngest child's first year of college?
$28,610.89
$31,843.26
$30,899.76
$29,484.50

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The answer is $28,610.89.

To calculate the annual savings required, we need to use the future value of an annuity formula. The future value of $25,000 for 5 years with a 6% inflation rate is $33,822.94.

Then, we can use the formula FV = PMT * ((1 + r)^n - 1) / r, where FV is the future value of the annuity, PMT is the annual savings amount, r is the portfolio rate of return, and n is the number of years to save. Solving for PMT, we get $28,610.89.

Amita needs to save enough money to pay for her three children's college tuition. With a current cost of $25,000 per year, and assuming that college inflation is at 6%, the total cost of college for 5 years when the youngest child starts college is $169,725.49.

To save for this expense, Amita needs to make annual savings payments until the youngest child starts college. Assuming a portfolio rate of return of 8%, she needs to save $28,610.89 per year at the end of the year to reach her goal.

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The marketing team of "Hi" restaurant reduced the price of their special triple-decker with double cheese Gut Bomb from $4.35 to $3.75 in the hope of stimulating sales during the month of March. The total fixed costs of the restaurant increased by $5,700 in March due to the promotion of the special in the local press and printing advertising leaflets to be used inside the restaurants. The variable costs of the Gut Bomb remained the same at $1.47 per item. How many Gut Bomb specials must be sold during March to break-even with this new program?

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The Hi restaurant must sell 2,500 Gut Bomb specials during the month of March to break-even with the new promotion. If they sell less than 2,500, they will not cover their fixed costs and will incur a loss. If they sell more than 2,500, they will make a profit.


The contribution margin per unit can be calculated as follows:
Contribution Margin = Selling Price per Unit - Variable Costs per Unit
Selling Price per Unit = $3.75 (as the price has been reduced from $4.35 to $3.75)
Variable Costs per Unit = $1.47 (as the variable costs of the Gut Bomb remained the same)
Therefore, Contribution Margin per Unit = $3.75 - $1.47 = $2.28

Now, we can calculate the break-even point by dividing the total fixed costs incurred during the month of March by the contribution margin per unit:
Break-even Point = Total Fixed Costs / Contribution Margin per Unit
Total Fixed Costs = $5,700 (as stated in the question)
Contribution Margin per Unit = $2.28 (as calculated above)
Therefore, Break-even Point = $5,700 / $2.28 = 2,500 Gut Bomb specials
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f fixed costs are $400,000 and the unit contribution margin is $20, the amount of units that must be sold in order to have a zero profit is a. 400,000 units b. 25,000 units c. 10,000 units d. 20,000 units

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The amount of units that must be sold in order to have a zero profit is 20,000 units. So, the correct answer is D.

How to determine the number of units

To calculate the number of units that must be sold in order to have a zero profit, we can use the formula: Breakeven Point (units) = Fixed Costs / Unit Contribution Margin

Substituting the given values, we get:

Breakeven Point (units) = $400,000 / $20 = 20,000 units

Therefore, the correct answer is d. 20,000 units.

This means that the company needs to sell at least 20,000 units to cover all its fixed costs and variable costs and break even. If the company sells less than 20,000 units, it will incur a loss.

On the other hand, if it sells more than 20,000 units, it will make a profit, which can be calculated by subtracting the total variable costs from the total revenue.

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Year Beginning-of-Year Price Dividend Paid at Year-End 2007 $ 260 $ 6 2008 $ 270 $ 6 2009 $ 250 $ 6 2010 $ 255 $ 6 An investor buys 3 shares of XYZ at the beginning of 2007, buys another 2 shares at the beginning of 2008, sells 1 share at the beginning of 2009, and sells all 4 remaining shares at the beginning of 2010. 1: What are the arithmetic and geometric average time-weighted rates of return for the investor? (Round your answers to 2 decimal places. Omit the "%" sign in your response.) 2: (a) What is the dollar-weighted rate of return? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places. Omit the "%" sign in your response.) Rate of return % (b) Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2007, to January 1, 2010. (Negative amounts should be indicated by a minus sign. Omit the "$" sign in your response.) Year Cash flow 2007 $ 2008 $ 2009 $ 2010 $

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Arithmetic average time-weighted rate of return: 4.46%

Geometric average time-weighted rate of return: 4.30%

(a) Dollar-weighted rate of return: -10.19%

(b) Year Cash flow

2007 $780

2008 $540

2009 -$255

2010 -$1,020

The investor bought 3 shares of XYZ at the beginning of 2007 for $780, 2 more shares at the beginning of 2008 for $540, then sold 1 share at the beginning of 2009 for $255. The investor then sold the remaining 4 shares at the beginning of 2010 for $1,020. The arithmetic and geometric average time-weighted rates of return of the investor were 4.46 and 4.30%, respectively. However, the dollar-weighted rate of return was -10.19%. This was primarily due to the investor selling 1 share at a lower price than what they paid for it. This shows the importance of timing when it comes to investing, as it is more beneficial to sell when the price is higher.

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How to calculate the percentages of all New Interest-OnlyLending and New Principal-and-Interest Lending out of Total NewLending during the period.This question is related to the "Mortgage Market" i

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The percentages of new interest-only lending and new principal-and-interest lending out of total new lending during the period can be calculated by dividing the total new interest-only lending and new principal-and-interest lending by the total new lending and multiplying by 100.

Can you explain the method of calculating the percentages for New Interest-Only Lending and New Principal-and-Interest Lending out of Total New Lending during a given period in the Mortgage Market?

To calculate the percentages of all new interest-only lending and new principal-and-interest lending out of total new lending during a specific period in the Mortgage Market, you can follow these steps:

Collect data on the total new lending during the period in question.Collect data on the total new interest-only lending during the period in question.Collect data on the total new principal-and-interest lending during the period in question.Calculate the percentage of new interest-only lending by dividing the total new interest-only lending by the total new lending and multiplying by 100.Calculate the percentage of new principal-and-interest lending by dividing the total new principal-and-interest lending by the total new lending and multiplying by 100.The sum of the percentages of new interest-only lending and new principal-and-interest lending should equal 100%.

For example, if the total new lending during the period is $100 million, and the total new interest-only lending is $30 million, and the total new principal-and-interest lending is $70 million, then:

The percentage of new interest-only lending would be (30/100) x 100 = 30%The percentage of new principal-and-interest lending would be (70/100) x 100 = 70%The sum of the percentages of new interest-only lending and new principal-and-interest lending would be 30% + 70% = 100%.

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question content area comprehensive problem 3 part 2: the following is a comprehensive problem which encompasses all of the elements learned in previous chapters. you can refer to the objectives for each chapter covered as a review of the concepts. note: you must complete part 1 before completing part 2. based on the following data, prepare a bank reconciliation for december of the current year: a. balance according to the bank statement at december 31, $283,000. b. balance according to the ledger at december 31, $245,410. c. checks outstanding at december 31, $68,540. d. deposit in transit, not recorded by bank, $29,500. e. bank debit memo for service charges, $750. f. a check for $12,700 in payment of an invoice was incorrectly recorded in the accounts as $12,000. kornett company bank reconciliation december 31, 20y5 $fill in the blank 2 fill in the blank 4 fill in the blank 6 adjusted balance $fill in the blank 7 $fill in the blank 9 $fill in the blank 11 fill in the blank 13 total deductions fill in the blank 14 adjusted balance $fill in the blank 15

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In this comprehensive problem, we are tasked with preparing a bank reconciliation for the month of December based on given data. The balance according to the bank statement at the end of the month was $283,000, while the balance according to the ledger was $245,410. There were checks outstanding at the end of the month worth $68,540 and a deposit in transit not recorded by the bank worth $29,500. Additionally, the bank charged a service fee of $750, and a payment of $12,700 was incorrectly recorded in the accounts as $12,000.

To prepare the bank reconciliation, we must first adjust the balance according to the ledger by adding any deposits in transit and subtracting any outstanding checks. This gives us an adjusted balance of $206,370. Next, we can compare this balance to the balance on the bank statement and make any necessary adjustments. In this case, we must add the deposit in transit and subtract the bank service fee, resulting in an adjusted bank balance of $312,750.

We can then compare the adjusted balances and make any necessary adjustments. In this case, we must add the amount of the incorrectly recorded payment to the ledger balance and subtract it from the bank balance. This results in an adjusted ledger balance of $258,110 and an adjusted bank balance of $300,050.

Finally, we can calculate the total deductions by adding up any outstanding checks and bank service charges. In this case, the total deductions amount to $69,290. We can then fill in the blanks in the bank reconciliation and confirm that the adjusted ledger and bank balances match.

In conclusion, bank reconciliations are an important tool for ensuring the accuracy of financial records and detecting any discrepancies between the bank statement and ledger balances. Through this comprehensive problem, we have demonstrated how to prepare a bank reconciliation using the given data and adjust the balances accordingly.

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for 2019, Goodwater company reported 2.74 of earnings per shareof common stock. During 2020, the firm had a 5% common stockdividend. The 2019 earnings per share to be reported in the annualreport o f 2020A. 1.70B. 2.61C. 1.90D. 1.82

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The 2019 earnings per share to be reported in the 2020 annual report is 2.61. Therefore, the correct option is B.

To find the adjusted 2019 earnings per share to be reported in the annual report of 2020, we need to consider the impact of the 5% common stock dividend on the 2019 earnings per share.

In order to calculate the 2019 earnings per share, follow these steps:

1. Determine the 2019 earnings per share: 2.74

2. Calculate the impact of the 5% common stock dividend: 2.74 * 0.05 = 0.137

3. Subtract the impact of the dividend from the original earnings per share: 2.74 - 0.137 = 2.603

Therefore, The 2019 earnings per share to be reported in the annual report of 2020 is approximately 2.61 which corresponds to the option B.

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4) For mutual funds, a Balanced Growth and Income Fund contain both growth stocks and stocks that pay high dividends. This type of fund__________________________________________.
a) focuses on firms that pay a high level of dividends with less focus on growth.
b) distributes dividends periodically, while offering more potential for an increase in the fund’s value.
c) focuses on firms that are more established than small-cap firms but may have less growth potential.
d) focuses on stocks that have potential for above-average growth.
e) attempts to mirror the movements of an existing equity index.

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For mutual funds, a Balanced Growth and Income Fund contain both growth stocks and stocks that pay high dividends. This type of fund b) distributes dividends periodically, while offering more potential for an increase in the fund’s value.

Balanced Growth and Income Funds typically invest in large-cap stocks that are more established than small-cap firms but still have some growth potential. These funds may also invest in bonds or other fixed-income securities to further diversify the portfolio and reduce risk.

The main advantage of a Balanced Growth and Income Fund is that it offers investors both growth potential and regular income. The fund distributes dividends periodically, which can provide a steady stream of income for investors. At the same time, the fund also offers potential for an increase in the fund's value through investments in growth stocks.

Overall, a Balanced Growth and Income Fund can be a good option for investors who want a balanced portfolio of growth and income investments. However, it's important to carefully consider the fund's investment objectives, fees, and historical performance before investing.

Therefore, the correct answer is b) distributes dividends periodically, while offering more potential for an increase in the fund’s value.

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