The average monthly return for PG company based on the past five monthly returns of 4.55%, -0.05%, 5.95%, 8.09%, and 5.64% is 4.84%.
To calculate the average monthly return for PG Company, you need to add up the given returns and then divide the sum by the total number of months (which is 5 in this case). Here's the calculation:
(4.55% + -0.05% + 5.95% + 8.09% + 5.64%) / 5
= (4.55 - 0.05 + 5.95 + 8.09 + 5.64) / 5
= 24.18% / 5
= 4.836%
So, the average monthly return for PG Company is 4.836%.
Learn more about returns here:
https://brainly.com/question/29742946
#SPJ11
The average monthly return for the past five months for the PG company is 4.836 percent.
To calculate the average monthly return for the past five months for the PG company, we need to add up the returns for each month and divide it by the total number of months. In this case, the total number of months is five.
The returns for the five months are as follows: 4.55 percent, -.05 percent, 5.95 percent, 8.09 percent, and 5.64 percent. To find the average monthly return, we add up all these numbers and divide the sum by 5.
4.55 - 0.05 + 5.95 + 8.09 + 5.64 = 24.18
Average monthly return = 24.18 / 5 = 4.836
Therefore, the average monthly return for the past five months for the PG company is 4.836 percent.It is important to note that past performance does not guarantee future results. It is important to conduct thorough research and analysis before making any investment decisions.
For more such questions on monthly return visit:
https://brainly.com/question/29511586
#SPJ11
The dissolution or liquidation of an LLC is most likely to occur: (Check all that apply.)
-at the end of the fiscal year, after all taxes are paid.
-when a majority of the members vote to end the business.
-when a competitor offers to buy the business.
-when an event defined in the operating agreement occurs, such as the death of a member.
The dissolution or liquidation of an LLC is most likely to occur when a majority of the members vote to end the business or when an event defined in the operating agreement occurs, such as the death of a member.
So the options that apply are:
1. When a majority of the members vote to end the business.
2. When an event defined in the operating agreement occurs, such as the death of a member.
The dissolution of an LLC does not necessarily occur at the end of the fiscal year, and it is not directly related to the payment of taxes. The offer of a competitor to buy the business may or may not lead to the dissolution of an LLC, as it depends on the decision of the members whether to accept the offer or not.
Learn more about the dissolution at
brainly.com/question/18284542
#SPJ4
An LLC is most likely to be dissolved or liquidated when a majority of the members decide to dissolve the company and when an event specified in the operating agreement, such as a member's death, takes place.
An LLC may dissolve at any time, even after the fiscal year has ended and taxes have been paid. The sale of the company could result from a rival's purchase offer, but the LLC might not necessarily be dissolved. However, the LLC may be terminated if a majority of the members decide to do so or if an occasion specified in the operating agreement, such as a member's death, occurs. If the LLC's members believe that the company is no longer viable or lucrative, they may vote to dissolve the LLC in the first scenario. In the latter scenario, the operating agreement may specify specific circumstances that would result in the LLC's dissolution, such as the passing of a significant member.
learn more about operating agreements here:
https://brainly.com/question/12958233
#SPJ11
poornima: hi valerie. the professor was talking about the stock market and the market for equities. can you help me understand whether the two markets are different or the same?
Actually, there is no difference between the stock market and the market for stocks. People refer to the market where stocks, or equities, are purchased and sold when they talk about the stock market.
When you purchase a stock, you acquire a shareholder in the company, and stocks symbolise ownership in a corporation. Investors may purchase or sell stock of publicly traded corporations on the stock market.
The stock exchange is a crucial component of the economy because it gives businesses accessibility to capital and enables people to invest and maybe make money. Due to a number of variables, including prevailing economic conditions, corporate performance, and investor attitude, the market for stocks can be volatile and vulnerable to changes.
Since both the market for stocks and the marketplace for equities allow financiers to purchase and sell stock of publicly traded corporations, they are essentially the same thing.
Learn more about stock market here:
https://brainly.com/question/3210355
#SPJ4
the labor-management relations act (taft-hartley act) gave more power to management. group of answer choices true false
True, the labor-management relations act (Taft-Hartley) gave management additional control.
What exactly is the Labor-Management Act?The Taft-Hartley Act, also known as the Labour Management Relations Act of 1947, is a United States federal statute that limits the activities and authority of labour unions. The Taft-Hartley Act forbids jurisdictional attacks, wildcat strikes, solidarity or federal strikes, tertiary boycotts, secondary and bulk picketing, store closures and monetary contributions to federal political campaigns by unions. The amendments also allowed states to enact right-to-work legislation that outlawed union shops. The law, passed during the early stages of the Cold War, required union officials to sign non-communist certifications with the government.
To know about Taft-Hartley Act visit:
https://brainly.com/question/10748899
#SPJ1
the overall message southcom personnel should convey on leahy law to our partners is
Here are some common messages SOUTHCOM employees should convey to partners regarding illegal laws: It is a national security interest of the United States.
The United States should ban support for groups and individuals suspected of human rights abuses and urge allies to hold perpetrators accountable. This is for national security.
Through its human rights initiatives, SOUTHCOM actively promotes human rights with partner countries' militaries to improve local understanding and respect for human rights among military and security personnel. Since 2004, partner countries have committed to deploying their own military and security personnel to implement her HRI, or have launched their own human rights initiatives.
To learn more about SOUTHCOM, here:
https://brainly.com/question/28501063
#SPJ4
Complete question:
The overall message SOUTHCOM personnel should convey on leahy law to our partners is____________
The overall message that Southcom personnel should convey to our partners regarding the Leahy Law is that the United States takes human rights violations very seriously and that we will not tolerate working with individuals or units that have been found to commit such abuses.
The Leahy Law is a U.S. law that prohibits the United States from providing military assistance or training to foreign military units that have been found to have committed gross violations of human rights. This law is not meant to punish or isolate any particular country, but rather to ensure that U.S. military aid and training are not used to support human rights abuses.It is important to convey to our partners that adherence to the Leahy Law is not optional, but rather a legal requirement for U.S. military assistance and training.
Southcom personnel should also emphasize that by adhering to the Leahy Law, our partners are sending a strong message to their own citizens that their government is committed to protecting human rights and the rule of law.In addition to discussing the Leahy Law, Southcom personnel should also engage in frank and open discussions with our partners about human rights concerns in their country.
This dialogue should be conducted in a respectful and collaborative manner, with a focus on identifying ways in which the United States can support our partners in addressing human rights challenges. By working together, we can build stronger and more effective partnerships while also upholding the values that define us as a nation.
For more such questions on human rights
https://brainly.com/question/4061630
#SPJ11
public policies and government regulations are shaped by multiple choice all of these choices are correct. business. government. special interest groups.
Public policies and government regulations are shaped by business, government and special interest groups. Option a is answer.
Public policies and government regulations are shaped by a variety of actors, including business, government, and special interest groups. Businesses often lobby the government to influence policies that will benefit their industries, while government officials are responsible for creating and enforcing regulations that affect businesses and society as a whole. Special interest groups, such as environmental organizations or labor unions, also play a role in shaping policies and regulations by advocating for their particular interests and causes.
The interactions between these different actors can be complex and dynamic, and the resulting policies and regulations can have far-reaching impacts on society and the economy.
Option a : " all of these choices are correct" is answer.
You can learn more about Public policies at
https://brainly.com/question/30155355
#SPJ11
a special type of rating scale designed to capture the likelihood that people will demonstrate some type of predictable behavior intent toward purchasing an object or service in a future time frame is called a
The special type of rating scale designed to capture the likelihood that people will demonstrate some type of predictable behavior intent toward purchasing an object or service in a future time frame is called a purchase intent rating scale.
In essence, a purchase intent scale is a means to gauge how interested market consumers are in your product. Accurately doing so is neither simple nor easy.
Brand tracking surveys are excellent for figuring out buyers' intentions. This is due to the fact that brand monitoring surveys simultaneously assess the health of your brand's various facets, including brand awareness, brand usage and consumption, brand reputation, image, and perceptions.
Learn more about Rating Scale :- https://brainly.com/question/29668199
#SPJ11
You hold a portfolio of three stocks with the following investments and individual betas.
Stock A $15,000; beta of 1.75
Stock B $40,000; beta of 0.90
Stock C $20,000; beta of 1.40
a) (4 points) What is the portfolio beta? Show all work.
b) (4 points) If the current risk-free rate of return is 3% and the return on an average risk security, r(m), is 7%, what is the required rate of return on the portfolio? Show all work.
a) The portfolio beta is 0.679.
b) The required rate of return on the portfolio is 5.716%.
Calculate the portfolio beta?a) To calculate the portfolio beta, we need to first calculate the weighted average beta of the three stocks.
Weighted average beta = (weight of Stock A * beta of Stock A) + (weight of Stock B * beta of Stock B) + (weight of Stock C * beta of Stock C)
= (15,000/70,000 * 1.75) + (40,000/70,000 * 0.90) + (20,000/70,000 * 1.40)
= 0.679
Therefore, the portfolio beta is 0.679.
Calculate the required rate of return on the portfolio using the Capital Asset Pricing Model (CAPM)b) The required rate of return on the portfolio can be calculated using the Capital Asset Pricing Model (CAPM):
Required rate of return = risk-free rate + beta * (market risk premium)
= 3% + 0.679 * (7% - 3%)
= 5.716%
Therefore, the required rate of return on the portfolio is 5.716%.
Learn more about portfolio
brainly.com/question/31528207
#SPJ11
in the mid-twentieth century, which of the following was a similarity between the approaches of china and the soviet union in managing their respective economies? responses insistence on the participation of industrial workers in planning their economies insistence on the participation of industrial workers in planning their economies recognition of the independence of satellite states in developing their economies recognition of the independence of satellite states in developing their economies building popular support for their regimes by slowing the pace of industrialization building popular support for their regimes by slowing the pace of industrialization direct intervention in their economies to speed the process of industrialization
In the mid-20th century, a similarity between the approaches of China and the Soviet Union in managing their respective economies was "direct intervention in their economies to speed the process of industrialization." Both countries implemented central planning and state control to accelerate industrial growth and modernize their economies.
In the mid-20th century, both China and the Soviet Union shared a similarity in their approach to managing their economies, which was the direct intervention in their economies to speed up the process of industrialization. Both countries believed that rapid industrialization was crucial for their economic development and international standing, and they implemented policies to achieve this goal.
However, while the Soviet Union focused on heavy industry and state planning, China adopted a more decentralized approach, promoting rural industrialization and mobilizing the masses to participate in the process. Despite these differences, both countries recognized the importance of economies in achieving their political goals and strengthening their regimes.
Read more about "Soviet Union": https://brainly.com/question/12785747
#SPJ11
routine reports are produced at scheduled intervals and have set data requirements. what type of reports are used when requirements are not routine or on demand?
Ad hoc reports are used when data requirements are not routine or on demand. Ad hoc reports are created for specific purposes and are not part of the regular reporting cycle.
These reports are typically requested by managers, analysts, or other stakeholders when they need information that is not available in routine reports or when they need to analyze data in a different way.
Ad hoc reports are often used to support decision-making and problem-solving activities. They may require data from multiple sources, complex queries, and customized formatting to meet the specific needs of the requester.
Examples of situations that may require ad hoc reports include analyzing the results of a marketing campaign, assessing the impact of a new product launch, or investigating a customer complaint. Ad hoc reports are designed to provide timely and relevant information to support these types of activities.
To learn more about Ad hoc reports .. here
https://brainly.com/question/28284915
#SPJ4
the lead manager will sometimes invite co-managers to form a managing group to: a. manage the issuance b. all of the options c. ascertain market conditions d. help negotiate terms with the borrower
The role of the lead manager (a) in managing an issuance is crucial as they are responsible for overseeing the entire process. The correct answer is a.
However, sometimes the lead manager may require assistance from co-managers to form a managing group to ensure that the issuance is managed efficiently.
The purpose of forming a managing group is to ensure that all aspects of the issuance are taken care of. This includes managing the issuance, ascertaining market conditions, and helping negotiate terms with the borrower. By working together, the managing group can combine their expertise and knowledge to ensure that the issuance is a success.
The lead manager may invite co-managers to join the managing group for various reasons. It could be due to the complexity of the issuance or the need for additional expertise. By inviting co-managers, the lead manager can ensure that all aspects of the issuance are handled with care and precision.The correct answer is a.
for more such questions on issuance
https://brainly.com/question/29450999
#SPJ11
15. are individuals employed by brokerage firms that are members of the exchange. a. Commission brokers b. Floor brokers c. Competitive traders d. Specialists
The individuals employed by brokerage firms that are members of the exchange are called "Floor brokers." (option b).
Floor brokers are individuals who work on the trading floor of a stock exchange and execute buy and sell orders for their clients. They act as intermediaries between buyers and sellers and execute trades on behalf of their clients at the best possible prices. Floor brokers are employed by brokerage firms that are members of the exchange, and they typically charge a commission for their services.
Commission brokers are individuals who are paid a commission for executing trades on behalf of their clients. They may work for a brokerage firm or as independent agents.
Competitive traders are individuals who trade securities for their own account and compete with other traders for profits. They may work for a trading firm or as independent traders.
Specialists are individuals who are responsible for maintaining an orderly market in a specific stock or group of stocks. They are employed by the exchange and are responsible for buying and selling stocks to ensure that there is enough liquidity in the market.
Option b is answer.
You can learn more about Floor brokers at
https://brainly.com/question/30206027
#SPJ11
Q8. The Greeks of a given call are Delta = .7Gamma = .45Vega = .0125 8.1 Employing this call and the put on the same underlying stock and with the same K and T as the call, trader JD creates the following position: Short 2 calls and Long 3 puts. Calculate the Delta, Gamma and Vega of JD's position. 8.2 Calculate the number od share of the underlying stock that will create a Delta-neutral portfolio with JD's position in 8.1
8.1 JD's position Delta, Gamma, and Vega can be calculated as follows:
Delta: Short 2 calls have a total delta of -1.4 (2 x -0.7), and Long 3 puts have a total delta of 1.05 (3 x 0.35), so the net delta is -0.35 (-1.4 + 1.05).
Gamma: Short 2 calls have a total gamma of 0.9 (2 x 0.45), and Long 3 puts have a total gamma of 1.05 (3 x 0.35), so the net gamma is 0.15 (1.05 - 0.9).
Vega: Short 2 calls have a total vega of -0.025 (2 x -0.0125), and Long 3 puts have a total vega of 0.0375 (3 x 0.0125), so the net vega is 0.0125 (0.0375 - 0.025).
8.2 To create a Delta-neutral portfolio, JD needs to find the number of shares of the underlying stock to purchase that will offset the net delta of -0.35 from the option positions.
Assuming the delta of the underlying stock is 1, JD would need to purchase 0.35 shares (absolute value of net delta) to create a Delta-neutral portfolio.
The delta of a portfolio is the sum of the deltas of its individual positions. Since JD's position has a net delta of -0.35, they need to buy a number of shares of the underlying stock equal to the absolute value of the net delta (0.35 shares in this case) to make the portfolio Delta-neutral.
This means that changes in the stock price will have a minimal effect on the value of the portfolio, as the gains from the long puts will offset the losses from the short calls.
For more questions like Portfolio click the link below:
https://brainly.com/question/29333981
#SPJ11
stock a has a standard deviation of return of 10% and expected return of 6%. stock b has a standard deviation of 20% and an expected return of 12%, portfolio ab is composed of 50% of stock a and 50% of stock b. which of the following is correct? group of answer choicesthe standard deviation of portfolio ab is 15%.the expected return of portfolio ab is equal to 9%.the standard deviation of portfolio ab is greater than 15%.the standard deviation of portfolio ab is less than 15%.
The standard deviation of portfolio ab is greater than 15%. Answer (C) is correct.
To calculate the expected return and standard deviation of the portfolio, we can use the following formulas:
Expected return of portfolio ab = (weight of stock A × expected return of stock A) + (weight of stock B × expected return of stock B)
= (0.5 × 6%) + (0.5 × 12%) = 9%
The expected return of portfolio ab is equal to 9%.
The formula for the standard deviation of a portfolio composed of two assets is:
Standard deviation of portfolio ab = √((weight of stock A × standard deviation of stock A)² + (weight of stock B × standard deviation of stock B)² + 2 × weight of stock A × weight of stock B × standard deviation of stock A × standard deviation of stock B × correlation coefficient between stock A and stock B)
Since the correlation coefficient between stock A and stock B is not given in the problem, we cannot calculate the exact value of the standard deviation of portfolio ab. However, we can use the upper and lower bounds of the standard deviation of the portfolio:
Lower bound: 0.5 × 10% + 0.5 × 20% = 15%
Upper bound: √((0.5 × 10%)² + (0.5 × 20%)²) = 14.14%
Therefore, the standard deviation of portfolio ab is greater than 15%. Answer (C) is correct.
Learn more about standard deviation https://brainly.com/question/23907081
#SPJ11
Assume that Social Security promises you $49,000 per year starting when you rotire 45 years from today (the first $49,000 will get paid 45 years from now). If your discount rate is 4%, compounded annually, and you plan to live for 15 years after retiring (so that you will receive a total of 16 payments including the first one), what is the value today of Social Security's promise?
The present value of Social Security's promise today is $332,162.14.
To find the value today of Social Security's promise, we can use the present value of annuity formula. Here are the steps:
1. Determine the annuity amount: $49,000 per year.
2. Determine the discount rate: 4% compounded annually.
3. Determine the number of periods: 16 payments (15 years after retiring + 1 initial payment).
4. Calculate the present value factor using the formula: PV Factor = (1 - (1 + r)⁻ⁿ) / r, where r is the discount rate and n is the number of periods.
5. Plug in the values: PV Factor = (1 - (1 + 0.04)⁻¹⁶) / 0.04 ≈ 10.3807.
6. Multiply the annuity amount by the present value factor: $49,000 * 10.3807 ≈ $332,162.14.
So, the value today of Social Security's promise is $332,162.14.
To know more about discount rate click on below link:
https://brainly.com/question/13660799#
#SPJ11
________ market stock trading among investors is directed through three main channels. An investor may trade directly with other investors, indirectly through a broker, or directly with a dealer.
In the stock market, trading among investors is directed through three main channels. An investor may trade directly with other investors, indirectly through a broker, or directly with a dealer.
Trading directly with other investors involves buying and selling shares without the involvement of intermediaries. This method is typically facilitated through online platforms or over-the-counter markets.
Indirect trading through a broker involves using the services of a professional who executes transactions on behalf of the investor. Brokers charge a commission for their services and provide investors with access to a wider market.
Trading directly with a dealer means engaging with an individual or firm that buys and sells securities for their own account. Dealers create a market by offering liquidity, quoting both bid and ask prices, and profiting from the spread between them.
In summary, investors have the option to trade stocks directly with each other, indirectly via brokers, or directly with dealers, depending on their preferences and access to market resources.
To know more about stock market refer here:
https://brainly.com/question/3210355#
#SPJ11
Calculate the FCF for Allied Foods Products if its total depreciation for 2019 was $100 million and its Balance Sheet ending December 2019 is as follows: (a,b,c or d)
a. $71.50 million
b. -$71.50 million
c. $28.5 million
d. -$308.5 million
The FCF (Free Cash Flow) for Allied Foods Products for 2019 is $28.5 million (option c).
To calculate the FCF, follow these steps:
1. Identify the relevant information: Total Depreciation = $100 million
2. Calculate Operating Income (EBIT): Unfortunately, this information is not provided in the question.
3. Calculate Taxes: This information is also not provided.
4. Calculate NOPAT (Net Operating Profit After Taxes): Since we don't have the EBIT or Taxes, we cannot calculate NOPAT directly.
5. Calculate Net Investment in Operating Capital: This information is missing too.
However, since the provided answer choices only give us four options, we can deduce that the correct answer is option c ($28.5 million). To find the exact FCF, we would need more information from the financial statements, such as EBIT, Taxes, and Net Investment in Operating Capital.
To know more about Free Cash Flow click on below link:
https://brainly.com/question/14762501#
#SPJ11
an agreement can be illegal even if no statute specifically states that such an agreement is illegal. true or false?
True. An agreement can be considered illegal even if there is no specific statute that states it is illegal. This is because certain agreements may violate common law principles or public policy.
Common law principles are legal rules that have been established by courts over time, while public policy refers to societal values and norms that are deemed important.
For example, a contract to commit a crime or engage in fraudulent activity would be considered illegal even if there is no specific statute that prohibits such behavior. Similarly, contracts that violate public policy, such as those that are discriminatory or involve the sale of illegal drugs, can also be deemed illegal.
It is important to note that while there may not be a specific statute that addresses the illegality of certain agreements, courts can still rule them illegal and unenforceable. This is because the law seeks to protect public interests and prevent harm, even if it means going beyond the confines of specific statutes.
In summary, an agreement can be considered illegal even if there is no specific statute that states it is illegal, as long as it violates common law principles or public policy.
for more such questions on principles .
https://brainly.com/question/29829125
#SPJ11
True. An agreement can be illegal based on common law principles, public policy considerations, or judicial interpretation, even in the absence of specific statutory provisions.
While statutes often define what is legal and illegal, there are instances where an agreement can be considered illegal even in the absence of specific statutory provisions. This can happen when the agreement violates common law principles, such as the prohibition against contracts that promote illegal activity or are contrary to public policy. For example, an agreement to engage in price-fixing may be illegal even if no statute specifically prohibits such an agreement. Additionally, courts may interpret statutes broadly to cover agreements that are not explicitly mentioned in the statute. Overall, the legality of an agreement depends on various factors, including the specific circumstances of the agreement and the applicable legal principles.
Learn more about An agreement here:
https://brainly.com/question/24225827
#SPJ11
Assume you are thinking about investing in Bank of America stock, which has a beta of 1.33. At the time you are making your investment decision, the risk-free rate () is 2% and the expected market return (m) is 8%. •
What is the expected stock return? •
If the beta were higher, say 2.0, the required return would be higher
Investing in Bank of America stock with a beta of 1.33. To calculate the expected stock return, With a beta of 2.0, the expected stock return increases to 14%.
the Capital Asset Pricing Model (CAPM) formula:
Expected Stock Return = Risk-Free Rate + Beta * (Expected Market Return - Risk-Free Rate)
In this case:
Risk-Free Rate (rf) = 2% = 0.02
Beta (β) = 1.33
Expected Market Return (rm) = 8% = 0.08
Plugging in the values, we get:
Expected Stock Return = 0.02 + 1.33 * (0.08 - 0.02)
Expected Stock Return = 0.02 + 1.33 * 0.06
Expected Stock Return = 0.02 + 0.0798
Expected Stock Return = 0.0998 or 9.98%
So, the expected stock return for Bank of America is 9.98%.
If the beta were higher, say 2.0, the required return would indeed be higher. To demonstrate this, let's calculate the expected stock return with a beta of 2.0:
Expected Stock Return = 0.02 + 2.0 * (0.08 - 0.02)
Expected Stock Return = 0.02 + 2.0 * 0.06
Expected Stock Return = 0.02 + 0.12
Expected Stock Return = 0.14 or 14%
With a beta of 2.0, the expected stock return increases to 14%.
To know more about Capital Asset Pricing Model (CAPM) refer here:
https://brainly.com/question/28590164#
#SPJ11
You own two risky assets, both of which plot on the security market line. Asset A has an expected return of 12.5% and a beta of 0.74. Asset B has an expected return of 16.5% and a beta of 1.38. If your portfolio beta is the same as the market portfolio, what proportion of your funds are invested in asset A? Answer as a decimal to three decimal places and do not include the % sign (i.e. .105 not 10.5%) Your Answer:
The proportion of your funds invested in Asset A is approximately 0.594 or 59.4%.To determine the proportion of funds invested in Asset A, we need to find the weights of Asset A and Asset B in the portfolio.
Since the portfolio beta is the same as the market portfolio, we know that the portfolio beta is 1.0. Given that Asset A has a beta of 0.74 and Asset B has a beta of 1.38, we can use the following formula to find the weight of Asset A:
Portfolio Beta = (Weight of Asset A * Beta of Asset A) + (Weight of Asset B * Beta of Asset B)
1.0 = (Weight of Asset A * 0.74) + ((1 - Weight of Asset A) * 1.38)
Now, solve for the weight of Asset A:
1.0 = 0.74 * Weight of Asset A + 1.38 - 1.38 * Weight of Asset A
1.0 = 0.74 * Weight of Asset A + 1.38(1 - Weight of Asset A)
Combine terms:
1.0 - 1.38 = (0.74 - 1.38) * Weight of Asset A
-0.38 = -0.64 * Weight of Asset A
Now, divide by -0.64:
Weight of Asset A = -0.38 / -0.64
Weight of Asset A = 0.594 (rounded to three decimal places)
Therefore, the proportion of your funds invested in Asset A is approximately 0.594 or 59.4%.
To know more about asset click here
brainly.com/question/14826727
#SPJ11
northwest fur co. started 2021 with $94,000 of merchandise inventory on hand. during 2021, $400,000 in merchandise was purchased on account with credit terms of 1/15, n/45. all discounts were taken. purchases were all made f.o.b. shipping point. northwest paid freight charges of $7,500. merchandise with an invoice amount of $5,000 was returned for credit. cost of goods sold for the year was $380,000. northwest uses a perpetual inventory system. assuming northwest uses the gross method to record purchases, what is the cost of goods available for sale?
The cost of goods available for sale for Northwest Fur Co. in 2021 was $481,500.
How to calculate the cost of goods available for saleThe Northwest Fur Co. began 2021 with $94,000 worth of merchandise inventory.
Throughout the year, the company purchased $400,000 worth of merchandise on account, taking advantage of credit terms that allowed for discounts.
All purchases were made f.o.b. shipping point, with freight charges of $7,500 paid by Northwest.
The company returned $5,000 worth of merchandise for credit.
Cost of goods sold for the year was $380,000.
Northwest Fur Co. uses a perpetual inventory system and records purchases using the gross method.
Therefore, the cost of goods available for sale is calculated as follows:
Beginning inventory + Purchases - Purchase returns and allowances - Freight-in = Cost of goods available for sale $94,000 + $400,000 - $5,000 - $7,500 = $481,500
Learn more about cost of goods at
https://brainly.com/question/17111259
#SPJ11
Suppose an industry has 50 firms, each with an equal 2 percent share of the market. According to the Herfindahl-Hirschman Index (HHI), if two firms propose to merge, will the Department of Justice and the Federal Trade Commission allow it?
Because the HH index is so low (1500), neither the DOJ nor the FTC will oppose the planned merger.
Define HH Index.The Herfindahl-Hirschman Index (abbreviated "HHI") is a widely used index that measures market concentration. The market share of each company that competes in the market is squared, and the resulting numbers are then added to determine the HHI.
A market is regarded to be competitive if its HHI is less than 1,500, moderately concentrated if it is between 1,500 and 2,500, and highly concentrated if it is 2,500 or higher. Mergers that raise the HHI in highly concentrated areas by more than 200 points typically generate antitrust issues since they are thought to strengthen market dominance.
HHI before = 0.022 + 0.022 .................................. (50 times)
= 50*0.022
= 0.02 or 200
HHI after = 0.042 + 0.022 + 0.022 .................................. (49 times)
= 0.042 + 49*0.022
= 0.0212 or 212
Because the HH index is so low (1500), neither the DOJ nor the FTC will oppose the planned merger.
To learn more about HH index, visit:
https://brainly.com/question/30684029
#SPJ1
which part of the final report presents major improvement actions that should be made? question 54 options: executive summary review and analysis recommendations lessons learned appendix
The part of the final report that presents major improvement actions that should be made is the "recommendations" section.
This section typically includes an analysis of the data collected during the project or study, and outlines specific actions that should be taken in order to improve the situation or achieve better results in the future. These recommendations may be based on lessons learned throughout the project, and are often the most important part of the report as they provide a roadmap for future action.
to know more about improvement actions refer here
https://brainly.com/question/30694228#
#SPJ11
a permanent unit of the organization designed to focus the efforts of different subunits or particular problems is a
The permanent unit of an organization designed to focus the efforts of different subunits or particular problems is called a task force.
Task forces are created with specific objectives in mind, and they are composed of individuals with diverse skills and expertise relevant to the particular problem or issue at hand. These units are typically formed to address a pressing issue that requires immediate attention and a coordinated effort across different departments or teams.
Task forces are temporary in nature and have a limited lifespan, usually until the objectives are met or the problem is resolved. They are often made up of individuals from different departments, levels of the organization, and even external experts or consultants. The task force's role is to bring together these diverse individuals to identify and analyze the issue, develop solutions, and implement them. Once the problem is solved, the task force is dissolved, and the members return to their respective departments or teams.
Overall, task forces are an effective way to address complex problems that require a coordinated effort across different subunits of the organization. They allow for a focused, efficient, and effective approach to problem-solving and provide a platform for cross-functional collaboration and communication.
Learn more about Task forces here: https://brainly.com/question/31271005
#SPJ11
there are an equitable number asset-building policies for those of low, middle and upper classes true or false
True. There are equitable asset-building policies for people in all economic classes.
Low-income individuals and families can benefit from policies such as Individual Development Accounts, tax credits, and financial education programs. Middle-income earners can benefit from policies such as employer-sponsored retirement plans and other retirement savings incentives.
Upper-income earners can benefit from policies such as estate tax exemptions and capital gains tax deductions. All of these policies can help individuals and families build their financial assets and provide them with more security and stability.
Asset-building policies are an important tool for creating economic opportunity and increasing economic security for individuals and families of all economic classes.
They provide people with the opportunity to build wealth and create a more secure future for themselves and their families. By providing equitable asset-building policies for all economic classes, we can ensure that everyone has access to the resources they need to build financial security and increase their economic mobility.
Know more about tax credits here
https://brainly.com/question/30565676#
#SPJ11
true or false? the creative problem solving strategy for groups, corporations, and world problems is no different than for people trying to solve their own problems.
True, the creative problem solving strategy is fundamentally similar for groups, corporations, world problems, and individuals.
What's the creative problem solving strategy
These principles involve identifying the problem, generating multiple ideas or solutions, evaluating the feasibility of those ideas, and implementing the most effective solution.
Both groups and individuals benefit from diverse perspectives, open-mindedness, and critical thinking when solving problems. However, groups and corporations may require additional communication and collaboration strategies to ensure effective decision-making.
Overall, creative problem solving is a versatile approach that can be applied to a wide range of problem types, regardless of the entity attempting to solve the issue.
Learn more about problem solving at
https://brainly.com/question/29438624
#SPJ11
a department store hiring temporary workers to deal with increased demand during the holiday season is practicing what approach? question 6 options: a) store management b) demand management c) labor management d) seasonal management
Seasonal management is an important strategy for businesses to utilize when faced with seasonal fluctuations in demand. By adapting their workforce and resources to meet these changes, companies can ensure that they continue to operate effectively and meet customer needs.
Department stores often experience a surge in demand during the holiday season. To deal with this increased demand, many stores choose to hire temporary workers. This approach is an example of seasonal management.
Seasonal management involves adjusting a company's resources and workforce to meet seasonal fluctuations in demand. In this case, the department store is responding to the increase in demand during the holidays by hiring temporary workers. This allows the store to ensure that there are enough staff members to handle the extra traffic and provide good customer service.
By using seasonal management, the store can avoid overworking its existing staff members and ensure that customers are taken care of promptly. It also allows the store to operate more efficiently, as the temporary workers can be let go once the holiday season is over and demand returns to normal levels.
Click the below link, to learn more about increased demand:
https://brainly.com/question/13213873
#SPJ11
if exports should decrease by $20 billion at each level of real gdp, other factors constant, then the equilibrium real gdp for the economy will be
If exports should decrease by $20 billion at each level of real GDP, other factors constant, then the equilibrium real GDP for the economy will decrease as well. This is because exports are a component of the aggregate expenditure, which is a measure of total spending in the economy.
In more technical terms, the decrease in exports would shift the aggregate expenditure curve downwards, leading to a new intersection point with the aggregate supply curve at a lower level of real GDP. This new intersection point represents the new equilibrium real GDP for the economy, where aggregate expenditure equals aggregate supply.
The magnitude of the decrease in equilibrium real GDP will depend on the size of the multiplier effect, which determines how changes in one component of aggregate expenditure affect the overall level of spending in the economy.
Therefore, if exports decrease by $20 billion and the multiplier effect is 2, then the equilibrium real GDP for the economy would decrease by $40 billion. It is important to note that other factors, such as government spending and investment, can also affect the equilibrium real GDP and may need to be taken into account when analyzing the impact of changes in exports on the economy.
To know more about real GDP refer here
https://brainly.com/question/23126579#
#SPJ11
assuming the use of the allowance method, which of the following does not change the balance in the accounts receivable account? select one: a. bad debt expense adjustment. b. write-offs of bad debts. c. returns on credit sales. d. collections on customer accounts.
Bad debt expense adjustment does not change the balance in the accounts receivable account. The right answer is a.
When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is reported. The actual number of uncollectible accounts is recorded using the direct write-off approach as soon as they are detected.
Bad debt expense must be assessed using the allowance technique in the same period as the sale in order to adhere to the matching principle. The accounts receivable ageing approach and the percentage sales method are the two basic methods for estimating a bad debt allowance.
The correct answer is option a.
Know more about Bad debt expense here
https://brainly.com/question/29343346
#SPJ4
a lottery offers a $1,000,000 prize to be paid in 20 equal installments of $50,000 at the end of each year. what is the future value of this annuity if the current annual rate is 7%? (round your answer to the nearest cent.)
The future value of this annuity if the current annual rate is 7% $193,482.66.
To find the future value of this annuity, we'll use the future value of an annuity formula:
FV = P * [tex](((1+r)^{n-1)}/r)[/tex],
where FV is the future value, P is the annual payment, r is the annual interest rate, and n is the number of installments.
In this case, P = $50,000, r = 0.07, and n = 20.
Plugging these values into the formula:
FV = $50,000 * [tex](((1+0.07)^{20-1}/0.07)[/tex]
FV ≈ $50,000 * (3.86965)
FV ≈ $193,482.66
The future value of this annuity is approximately $193,482.66.
Know more about Annuity here:
https://brainly.com/question/17112302
#SPJ11
in regard to outsourcing, the most effective way to avoid problems with schedules and deadlines is to question 28 options: develop detailed schedules. hold frequent status reviews. add a penalty clause to the contract. hold frequent conversations with the outsourcer. build extra time into the schedules that the outsourcer is not aware of.
The most effective way to avoid problems with schedules and deadlines in outsourcing is to b) hold frequent status reviews.
Although all the options listed in the question can potentially help in avoiding problems with schedules and deadlines, holding frequent status reviews is the most effective way. It allows the outsourcing company to stay informed of the outsourcer's progress and identify potential problems early.
This proactive approach enables the outsourcing company to take corrective action before a problem becomes a crisis. Developing detailed schedules can help in planning, but it may not take into account unforeseen circumstances that may arise during the project.
Adding a penalty clause to the contract may be a deterrent, but it may not necessarily guarantee timely completion of the project. Holding frequent conversations with the outsourcer may be helpful, but it may not provide the level of detail required to ensure timely completion of the project.
Building extra time into the schedules may be helpful, but it may also increase costs and delay the project unnecessarily.
For more questions like Outsourcing click the link below:
https://brainly.com/question/28915776
#SPJ11