budgeted overhead for haft, inc. at normal capacity of 60,000 direct labor hours is $3 per hour variable and $2 per hour fixed. in may, $310,000 of overhead was incurred in working 63,000 hours when 64,000 standard hours were allowed. the overhead volume variance is group of answer choices $8,000 favorable $11,000 favorable $5,000 favorable $10,000 favorable

Answers

Answer 1

To calculate the overhead volume variance, we need to determine the difference between the standard hours allowed and the actual hours worked and multiply that by the fixed overhead rate.

Standard hours allowed: 64,000
Actual hours worked: 63,000
Standard hours allowed - Actual hours worked = Volume Variance
64,000 - 63,000 = 1,000 hours (Volume Variance)
Now, we can calculate the overhead volume variance by multiplying the volume variance by the fixed overhead rate:
Volume Variance * Fixed Overhead Rate = Overhead Volume Variance
1,000 hours * $2 per hour = $2,000 (Overhead Volume Variance)
The overhead volume variance is $2,000 unfavorable.
Unfortunately, none of the options provided match the calculated overhead volume variance.

To know more about overhead rate, click here https://brainly.com/question/30336624

#SPJ11


Related Questions

Brooke is evaluating two alternatives for improving the exterior appearance of her Victorian-style house that she is remodeling inside. She plans to keep this as her home for 20 more years. The house can be completely painted at a cost of $12,000. The paint is expected to remain attractive for 5 years, at which time repainting will be necessary. Every time the building is repainted (i. E. , in years 5, 10, and 15), the cost will increase by 20% over the previous time.

As an alternative, the exterior can be covered with a vintage-appearing vinyl-coated siding now and again 10 years from now at a cost 33% greater than the present cost of the siding.

At a MARR of 10% per year, what is the maximum amount that Brooke should spend now on the siding alternative so that the two alternatives will just break even?

Answers

the maximum amount that Brooke should spend now on the vinyl-coated siding alternative is $26,753.53 so that the two alternatives will just break even.

         The present worth of the cost of painting the house over a 20-year period can be calculated as follows:
PW = -$12,000 + (-$12,000 * 1.2) / (1 + 0.1)^5 + (-$12,000 * 1.2^2) / (1 + 0.1)^10 + (-$12,000 * 1.2^3) / (1 + 0.1)^15 + (-$12,000 * 1.2^4) / (1 + 0.1)^20

= -$12,000 + (-$9,102.16) + (-$6,598.69) + (-$4,791.90) + (-$3,468.90)

= -$36,861.65.
The present worth of the cost of using vinyl-coated siding now and again in 10 years can be calculated as follows:PW = -x - (x * 1.33) / (1 + 0.1)^10

= -x - 0.3805x

= -1.3805x, where x is the initial cost of the vinyl-coated siding.
To find the maximum amount that Brooke should spend now on the siding alternative so that the two alternatives will just break even, we need to equate the present worth of the two alternatives and solve for x:

-$36,861.65 = -1.3805x

x = $26,753.53.
Therefore, the maximum amount that Brooke should spend now on the vinyl-coated siding alternative is $26,753.53 so that the two alternatives will just break even.

To learn more about maximum:

https://brainly.com/question/30693656

#SPJ11

if the spending multiplier is equal to 4, then a $25 initial increase in investment spending will lead to a:

Answers

If the spending multiplier is equal to 4, then a $25 initial increase in investment spending will lead to a $100 increase in overall output in the economy. This is because the spending multiplier is a measure of the total impact that a change in spending has on the economy, taking into account how the increased spending creates additional rounds of spending as income is earned and re-spent.

In this case, the spending multiplier of 4 means that for every dollar of initial spending, total output will increase by $4. Therefore, an initial increase of $25 in investment spending will lead to an increase of $100 in overall output. It's important to note that the spending multiplier can vary depending on the specific characteristics of an economy, such as the level of consumer and business confidence, the degree of openness to trade, and the structure of the tax system.

Additionally, the spending multiplier may be impacted by the presence of leakages, such as savings or imports, which can reduce the total impact of a change in spending. Overall, understanding the spending multiplier is an important concept in macroeconomics, as it highlights the interconnected nature of economic activity and the potential for changes in spending to have wide-ranging effects on the economy as a whole.

For more such questions on investment

https://brainly.com/question/29547577

#SPJ11

Which of the following best characterizes managers high on dark triad traits?
A. cold and distant
B. tough but fair
C. selfish and toxic
D. kind and approachable

Answers

Option C is correct. Managers high on dark triad traits, which include narcissism, Machiavellianism, and psychopathy, are best characterized as selfish and toxic.

These individuals exhibit manipulative, exploitative, and self-centered behaviors that prioritize their own interests over the well-being of others.

Narcissistic managers are excessively self-focused and seek admiration and recognition. They often manipulate others to boost their own ego and can be dismissive or demeaning towards their subordinates. Machiavellian managers are strategic and manipulative, using deceptive tactics to achieve their goals. They prioritize personal gain and may engage in unethical practices without remorse. Psychopathic managers lack empathy and exhibit a callous disregard for others' feelings and well-being. They are often charming and persuasive on the surface but are willing to exploit and manipulate others for personal gain.

These managers create toxic work environments where employees feel undervalued, manipulated, and exploited. Their self-centeredness and lack of empathy lead to decreased morale, high turnover rates, and reduced productivity. The toxic behaviors they exhibit can damage team dynamics, hinder collaboration, and impede organizational success.

Managers high on dark triad traits are best characterized as selfish and toxic. Their manipulative and exploitative behaviors have a detrimental impact on the work environment, leading to decreased employee morale and productivity. It is crucial for organizations to identify and address these traits to promote a healthy and supportive workplace culture.

To know more about Managers, visit

https://brainly.com/question/24553900

#SPJ11

in 10000 independent tosses of a coin, the coin landed on heads 5800 times. is it reasonable to assume that the coin is not fair? explain.

Answers

Based on the outcome of 5,800 heads out of 10,000 independent tosses, it is reasonable to suspect that the coin may not be fair.

When analyzing the fairness of a coin, one would expect an approximately equal number of heads and tails over a large number of independent tosses. In this case, out of 10,000 tosses, the coin landed on heads 5,800 times. To determine if the coin is fair, we can conduct a hypothesis test using statistical methods.

Using a significance level (commonly denoted as alpha), we can set a threshold for the likelihood of obtaining a result as extreme as 5,800 heads if the coin were fair. If the probability of such an extreme result is low (typically less than 5% or 1%), we would reject the assumption that the coin is fair.

Learn more about probability here:

https://brainly.com/question/31828911

#SPJ11

which of the following refers to any tool or service that uses the internet to facilitate conversations? a. traditional media b. promotional media c. social media d. social commerce

Answers

Any tool or service that uses the internet to facilitate conversations is (c) social media.

Social media refers to any tool or service that uses the internet to facilitate conversations, sharing of information, and interaction among users. Social media platforms are designed to connect individuals, communities, and businesses, enabling them to share content, engage in discussions, and build relationships online.

In contrast, traditional media refers to traditional forms of mass communication such as print media, television, and radio. These forms of media are typically used to distribute news, information, and advertisements to a wide audience.

Promotional media refers to any form of media that is used to promote a product or service. This can include advertising, direct mail, email marketing, and other forms of targeted marketing.

Finally, social commerce refers to the use of social media platforms to facilitate online sales transactions. Social commerce tools and services enable businesses to sell products and services directly through social media platforms, often leveraging social media influencers and user-generated content to drive sales and increase engagement.

Overall, social media is a powerful tool for businesses and individuals alike, providing a platform for communication, collaboration, and engagement in today's digital world.
For more such questions on social
https://brainly.com/question/28161818
#SPJ11

a bank has $200 million in demand deposits and $150 million in reserves. the reserve ratio is 20 percent. what is the maximum amount of loans the bank can make from its reserves? responses $750 million $750 million $150 million $150 million $110 million $110 million $50 million $50 million $40 million

Answers

The maximum amount of loans the bank can make from its reserves is $750 million.

The reserve ratio is the percentage of a bank's total deposits that it must hold as reserves. In this case, the reserve ratio is 20 percent. To calculate the maximum amount of loans the bank can make from its reserves, we use the formula:

Maximum Loans = Total Reserves / Reserve Ratio

Total reserves for the bank are $150 million, and the reserve ratio is 20 percent (or 0.20). Plugging these values into the formula, we get:

Maximum Loans = $150 million / 0.20 = $750 million

Therefore, the maximum amount of loans the bank can make from its reserves is $750 million. This means that the bank can lend out $750 million while still maintaining the required 20 percent reserve ratio on its demand deposits of $200 million.

To learn more about reserve ratio click here

brainly.com/question/31185291

#SPJ11

If cable companies were in a highly competitive market, we would expect: 1. deadweight loss in the market. 2. a company to be willing to sell specific channels as well as packaged options. 3. cable companies to make profits in the long run. 4. customers to be unhappy about their cable package options. 5. cable companies to force us to choose between buying a little more cable than we really need or going without cable altogether.

Answers

A highly competitive market for cable companies would likely result in reduced deadweight loss, more diverse and flexible cable package options, the potential for long-term profits, improved customer satisfaction, and tailored cable offerings to cater to individual preferences.

If cable companies were in a highly competitive market, we would expect:

Deadweight loss in the market.

In a highly competitive market, the presence of deadweight loss is less likely. Increased competition promotes efficiency and reduces market inefficiencies, leading to a more optimal allocation of resources and minimizing deadweight loss.

A company to be willing to sell specific channels as well as packaged options.

In a competitive market, cable companies would be motivated to cater to customer preferences and offer more flexible options. This could include selling specific channels or creating customized packages to meet individual needs, as companies strive to differentiate themselves and attract customers.

Cable companies to make profits in the long run.

While competitive markets may result in reduced profit margins due to pricing pressures, efficient and well-managed cable companies can still generate profits in the long run. However, the profit levels might be lower compared to those in monopolistic or less competitive markets.

Customers to have more diverse cable package options.

In a highly competitive market, cable companies would strive to meet customer demands and offer a wider range of package options. This would allow customers to have greater flexibility in choosing cable packages that align with their preferences and budget, leading to higher customer satisfaction.

Cable companies to offer more flexible and tailored cable options.

Competition would encourage cable companies to provide more flexibility in their offerings, avoiding the need for customers to choose between excessive cable packages or no cable at all. Instead, companies would focus on meeting varying customer demands by offering options that match different consumption patterns, providing a better overall experience for customers.

In summary, a highly competitive market for cable companies would likely result in reduced deadweight loss, more diverse and flexible cable package options, the potential for long-term profits, improved customer satisfaction, and tailored cable offerings to cater to individual preferences.

learn more about "market":- https://brainly.com/question/25369230

#SPJ11

if the federal trade commission (ftc) requires a company to run advertisements explicitly stating that the formerly advertised claims made by the company were untrue, this is known as _____.

Answers

If the Federal Trade Commission (FTC) requires a company to run advertisements explicitly stating that their previously advertised claims were untrue, it is known as a corrective advertising remedy. This remedy is imposed by the FTC to rectify the deceptive or false claims made by the company and inform consumers about the truth.

When the Federal Trade Commission determines that a company has engaged in deceptive or false advertising practices, it may impose a corrective advertising remedy as a form of punishment and to restore truth in advertising. This remedy requires the company to run advertisements explicitly stating that their previously advertised claims were untrue or misleading. The purpose of corrective advertising is to inform consumers about the truth and correct any misconceptions created by the company's deceptive advertising. By mandating the company to explicitly state that their claims were false, the FTC aims to ensure that consumers are aware of the actual facts and can make informed decisions. The content and format of the corrective advertisements are typically specified by the FTC, ensuring that the required message is communicated effectively.

Learn more about Federal Trade Commission here

https://brainly.com/question/32240579

#SPJ11

what happens to price and quantity when the external costs of production are taken into consideration by producers?

Answers

When external costs of production are taken into consideration by producers, the price and quantity of the good or service being produced will increase.

This is because the producer will need to factor in the additional costs associated with the externalities, such as pollution, congestion, and noise. The producer may have to invest in new technologies, pay for permits, or take measures to mitigate the negative effects of production on the environment or community.


This increase in costs will lead to a higher price for the consumer, as the producer will need to recoup their expenses. In turn, the higher price may lead to a decrease in demand for the product, as consumers may seek out cheaper alternatives. As a result, the quantity of the product produced may decrease.


Overall, taking into consideration external costs of production can lead to a more sustainable and socially responsible approach to business, but it can also have economic consequences for both producers and consumers.

To know more about production click here:

https://brainly.com/question/30333196

#SPJ11

LaRoe Lawns’ inventory increased during the year by $6 million. Its accounts payable increased by$5 million during the same period. What is the amount of cash LaRoe paid to suppliers of merchandise during the reporting period if its cost of goods sold was $25 million? Prepare a summary entry that represents the net effect of merchandise purchases during the reporting period.

Answers

To calculate the cash payments to suppliers, we need to use the following formula: Cash payments to suppliers = Cost of goods sold + increase in inventory - increase in accounts payable

Plugging in the values we get: Cash payments to suppliers = $25 million + $6 million - $5 million = $26 million

Therefore, LaRoe Lawns paid $26 million to suppliers of merchandise during the reporting period.To prepare a summary entry for the net effect of merchandise purchases during the reporting period, we need to consider the following accounts: Inventory, Accounts Payable, and Cost of Goods Sold. Since the inventory and accounts payable increased during the period, we need to debit them to reflect the increase. The cost of goods sold is an expense, and we need to credit it to reflect the reduction in net income. Thus, the summary entry is:

Debit: Inventory - $6 million

Debit: Accounts Payable - $5 million

Credit: Cost of Goods Sold - $25 million

The net effect of merchandise purchases during the reporting period is a reduction in net income of $25 million, an increase in inventory of $6 million, and an increase in accounts payable of $5 million.

Learn more about cash here

https://brainly.com/question/24179665

#SPJ11

speed-to-market is the rate at which a company's competitors copy its product innovations.T/F

Answers

False. Speed-to-market refers to the ability of a company to bring its products or services to the market quickly, gaining a competitive advantage. It does not specifically refer to the rate at which competitors copy product innovations.

Speed-to-market is a term used in business to describe the time it takes for a company to develop, produce, and introduce a new product or service to the market. It emphasizes the importance of being first or early to market with innovative offerings to capture customer attention and establish a competitive edge. Companies that can effectively shorten the time from concept to commercialization can benefit from increased market share, higher profits, and a stronger market position.

While competitors may indeed attempt to replicate or imitate successful product innovations, the focus of speed-to-market is on the company's ability to bring its own innovations to market quickly and efficiently. The goal is to gain a competitive advantage by meeting customer needs faster than rivals, rather than solely focusing on the rate at which competitors copy product innovations.

Learn more about competitive here:

https://brainly.com/question/30247096

#SPJ11

Another very important logistics service metric is order cycle time (OCT), which influences productivity, debt, cash flow, and profit.

Answers

Order cycle time (OCT) is indeed an important logistics service metric that can have a significant impact on various aspects of a company's operations and financial performance.

OCT refers to the time it takes for an order to be processed, fulfilled, and delivered to the customer. This includes all the steps involved in the order fulfillment process, such as order entry, picking and packing, shipping, and delivery.

A shorter OCT can lead to improved productivity and reduced inventory carrying costs, as orders can be processed and delivered customer more quickly, reducing the time products spend sitting in inventory. This can also help to improve cash flow by reducing the amount of time that capital is tied up in inventory.

Learn more about customer here:

https://brainly.com/question/13472502

#SPJ11

the logit model improves upon the limitations of the linear probability model in that

Answers

The linear probability model (LPM) is a simple regression model used to estimate the probability of an event occurring based on a set of predictor variables.

To address this limitation, the logit model, also known as the logistic regression model, is often employed. The logit model uses a logistic transformation that maps the linear combination of predictor variables to a bounded range of 0 to 1. This ensures that the predicted investment are within a meaningful range and can be interpreted as the probability of an event occurring.

By utilizing the logistic transformation, the logit model provides more accurate estimates of probabilities and avoids the issue of predicted probabilities outside the valid range. This makes it a preferred choice when dealing with binary outcome variables and improves upon the limitations of the linear probability model in terms of producing valid and interpretable probability estimates.

Learn more about investment here:

https://brainly.com/question/15105766

#SPJ11

a systems _____ feasibility is the extent to which the system can be created, given the companys current finances

Answers

A system's financial feasibility is the extent to which the system can be created, given the company's current finances.

Financial feasibility is one of the key factors that businesses must consider when evaluating the potential of a new system or project. The financial feasibility assesses whether the implementation of a new system is financially possible and sustainable for the business.

It involves analyzing the financial resources needed to develop and maintain the new system, as well as the potential revenue, cost savings, and profitability that may result from its implementation. Financial feasibility can be determined by analyzing the costs, benefits, and risks associated with the new system.

For example, a company considering implementing a new database system must evaluate whether they have the necessary funds to purchase and maintain the system. They must also consider the potential cost savings or revenue generated by the new system and compare them with the costs of development, implementation, and maintenance over time.

Assessing financial feasibility requires accounting for factors like initial investment costs, ongoing operating expenses, the expected lifespan of the system, and other financial considerations.

In conclusion, a system's financial feasibility is the extent to which the system can be created, given the company's current finances. It is a critical component of evaluating whether a new system or project is worth pursuing and requires thorough analysis of costs and benefits over time. By analyzing the financial feasibility, businesses can determine whether a new system fits into their long-term strategic plans and is likely to provide a return on investment.

To know more about feasibility, visit:

https://brainly.com/question/30321336

#SPJ11

if the current price is $20 in this perfectly competitive industry, we should expect:

Answers

If the current price is $20 in a perfectly competitive industry, we should expect firms to produce at the point where marginal revenue equals marginal cost.

In a perfectly competitive industry, firms are price takers. This means that they cannot control the price of their product. The price is determined by the market, and all firms must sell at the same price.

Under these conditions, firms will maximize profits by producing at the point where marginal revenue equals marginal cost. Marginal revenue is the additional revenue that a firm earns by selling one more unit of output. Marginal cost is the additional cost that a firm incurs by producing one more unit of output.

When marginal revenue equals marginal cost, the firm is earning the maximum profit possible. If marginal revenue is greater than marginal cost, the firm can increase its profits by producing more output. If marginal revenue is less than marginal cost, the firm can increase its profits by producing less output.

In the case where the current price is $20, we would expect firms to produce at the point where marginal revenue equals marginal cost. This is because at this point, the firm is earning the maximum profit possible.

The price in a perfectly competitive industry is determined by the market. Firms in a perfectly competitive industry are price takers, and they will maximize profits by producing at the point where marginal revenue equals marginal cost.

Learn more about competitive industry here:

https://brainly.com/question/28267513

#SPJ11

which of the following is a substantive test that an auditor most likely would perform to verify the existence and valuation of recorded accounts payable?

Answers

A substantive test that an auditor most likely would perform to verify the existence and valuation of recorded accounts payable is confirmation.

Confirmation is a common substantive test used by auditors to verify the existence and valuation of recorded accounts payable. During the confirmation process, the auditor directly contacts the suppliers or creditors to confirm the outstanding balances and terms of the accounts payable.

This confirmation can be done through written letters, emails, or online portals. By obtaining independent confirmation from the external parties, the auditor can gather reliable evidence regarding the accuracy and completeness of the recorded accounts payable.

This test helps ensure that the reported balances are valid and properly valued, providing assurance to the users of the financial statements.

Visit here to learn more about financial statements:

brainly.com/question/26240841

#SPJ11

a perfectly competitive firm can earn positive economic profits in the short-run question 33 options: true false

Answers

The statement "a perfectly competitive firm can earn positive economic profits in the short-run" is technically true. However, it is important to understand that these profits are not guaranteed and are only possible under certain conditions.

In a perfectly competitive market, firms are price takers and have no control over the market price of their product. Therefore, a firm can earn positive economic profits in the short run if the market price of their product is above their average total cost. In this scenario, the firm is able to cover all of its costs and still earn a profit. However, this situation is only temporary as other firms will see the opportunity for profit and enter the market, increasing competition and driving down prices. In the long run, firms in a perfectly competitive market will only earn normal profits, which is just enough to cover all costs and provide a reasonable rate of return on investment. So, while it is possible for a perfectly competitive firm to earn positive economic profits in the short run, it is not sustainable in the long run.

Learn more about perfectly competitive firm here:

https://brainly.com/question/27419666

#SPJ11

you expect to receive two cash flows: $8,000 paid after 3 years and $16,000 paid after 6 years. the annual interest rate is 5%. attempt 1/20 for 1.5 pts. part 1 what is the present value of the combined cash flows?

Answers

The present value of the combined cash flows is $18,374.80.

To calculate the present value of the combined cash flows, we need to discount each cash flow to its present value and then add them together. We can use the present value formula:

[tex]PV = FV / (1 + r)^n[/tex]

where PV is the present value, FV is the future value, r is the annual interest rate, and n is the number of years.

For the first cash flow of $8,000 paid after 3 years, the present value can be calculated as:

[tex]PV1 = $8,000 / (1 + 0.05)^3 = $6,633.17[/tex]

For the second cash flow of $16,000 paid after 6 years, the present value can be calculated as:

[tex]PV2 = $16,000 / (1 + 0.05)^6 = $11,741.63[/tex]

The present value of the combined cash flows is the sum of PV1 and PV2:

PV = PV1 + PV2 = $6,633.17 + $11,741.63 = $18,374.80

Therefore, the present value of the combined cash flows is $18,374.80.

Learn more about present value

https://brainly.com/question/17322936

#SPJ4

over the lifespan of a 30-year fixed-rate mortgage prices, as measured by the consumer price index, increase by 4%. how does an adjustable rate mortgage make whatever happens to price of the life of the mortgage less concerning to both borrowers and lenders

Answers

An adjustable rate mortgage (ARM) makes the fluctuation of prices over the lifespan of a mortgage less concerning to both borrowers and lenders because the interest rate on an ARM adjusts periodically based on a specific index.

The index used for the adjustment is typically the same index used for measuring inflation, such as the consumer price index (CPI). When the CPI increases, the interest rate on an ARM also increases, which can make the monthly mortgage payments go up for the borrower.
However, the benefit of an ARM is that it also adjusts downward when the CPI decreases, which can make the monthly mortgage payments go down for the borrower. This can be particularly advantageous in times of inflation, as the borrower's monthly mortgage payment will not increase as much as it would with a fixed-rate mortgage. Additionally, lenders may be more willing to offer lower interest rates on ARMs because they are less exposed to the risk of inflation, which makes borrowing more affordable for the borrower.
Overall, an ARM allows borrowers to take advantage of fluctuations in inflation and interest rates over the lifespan of their mortgage, making it a more flexible option than a fixed-rate mortgage.

Learn more about mortgage here:

https://brainly.com/question/31751568

#SPJ11

when does cut-throat competition happen with oligopolistic firms? responses when the firms compete hard and to stop acting like perfect competitors by driving up prices which leads in the long-run to higher profits. when the firms compete hard and to stop acting like perfect competitors by driving up prices which leads in the long-run to higher profits. when the firms push each other with stiff competition acting like perfect competitors driving down prices, which in the long-run leads to zero profits. when the firms push each other with stiff competition acting like perfect competitors driving down prices, which in the long-run leads to zero profits. when each firm acts more like a monopoly and collides with each other to set prices in the market.

Answers

Cut-throat competition happens with oligopolistic firms when the firms push each other with stiff competition acting like perfect competitors driving down prices, which in the long-run leads to zero profits.

When oligopolistic firms compete fiercely with each other, they may end up acting like perfect competitors, pushing prices down and eroding profits. This type of competition is known as cut-throat competition. When firms engage in cut-throat competition, they may sacrifice short-term profits in the hopes of gaining market share or driving competitors out of the market. In the long run, however, this type of competition can be unsustainable, leading to zero profits and potentially even market failures. Thus, cut-throat competition typically arises when firms push each other with stiff competition, acting like perfect competitors and driving down prices.

To learn more about oligopolistic, click here:
https://brainly.com/question/29597767

#SPJ11

wilson electric reports income tax expense of $142,000. income tax payable at the beginning and end of the year are $19,900 and $26,000, respectively. what is the cash paid for income taxes during the year?

Answers

We can calculate the cash paid for income taxes during the year as follows:

Cash paid for income taxes = Income tax expense - Increase in income tax payable + Decrease in income tax payable

First, we need to calculate the increase and decrease in income tax payable:

Increase in income tax payable = $26,000 - $19,900 = $6,100

Decrease in income tax payable = $0 (since the ending balance is higher than the beginning balance)

Now, we can substitute the values:

Cash paid for income taxes = $142,000 - $6,100 + $0 = $135,900

Therefore, the cash paid for income taxes during the year was $135,900.

Learn more about  income taxes,

https://brainly.com/question/17075354

#SPJ4

what share of the company would a venture capitalist require today if her required rate of return was 50%? what if her required rate of return was only 30%?

Answers

For a required rate of return of 50%, a venture capitalist would require a 64% share of the company, while for 30%, the share would be 43%.

To calculate the share of the company required by a venture capitalist today, we need to estimate the future cash flows of the company and discount them back to the present using the required rate of return.

Assuming a required rate of return of 50%, the venture capitalist would require a larger share of the company to compensate for the higher risk.

Let's calculate the share of the company required by the venture capitalist using the following formula

Share of the company = Present value of expected cash flows / Investment amount

We know that the company is seeking to raise $5 million, and that the projected net income in year five is $5 million.

To estimate the present value of the expected cash flows, we need to discount the year-five net income back to the present using the required rate of return of 50%. The present value of the expected cash flows can be calculated as follows

PV of expected cash flows = $5 million / (1 + 0.5)^5 = $781,250

Therefore, the share of the company required by the venture capitalist would be

Share of the company = $5 million / $781,250 = 6.4 or approximately 64%

Assuming a required rate of return of 30%, the venture capitalist would require a smaller share of the company to compensate for the lower risk.

Let's recalculate the share of the company required by the venture capitalist using the required rate of return of 30%. The present value of the expected cash flows can be calculated as follows

PV of expected cash flows = $5 million / (1 + 0.3)⁵ = $1,160,498

Therefore, the share of the company required by the venture capitalist would be

Share of the company = $5 million / $1,160,498 = 4.3 or approximately 43%

To know more about rate of return:

https://brainly.com/question/24232401

#SPJ4

--The given question is incomplete, the complete question is given

"Roger Harkel, CEO of Bestafer Inc., sought to raise $5 million in a private placement of equity in his early stage dairy products company. Harkel conservatively projected net income of $5 million in year five, and knew that comparable companies traded at a price earnings ratio of 20X.

What share of the company would a venture capitalist require today if her required rate of return was 50%? What if her required rate of return was only 30%?"--

Antonio has a line-item that is under-delivering. Which of the following manual optimization tactics should he consider? (Select 2)
Decrease bids
Relax the viewability setting
Decrease frequency caps
Select any unchecked supply sources

Answers

To answer your question, Antonio should consider decreasing bids and relaxing the viewability setting as manual optimization tactics. If a line-item is under-delivering, it means that it is not receiving enough impressions or clicks as compared to the desired amount.

In such a situation, decreasing bids can help improve the line-item's performance by increasing its visibility in the auction. This is because a lower bid will help the line-item win more impressions and clicks without overspending.
Additionally, relaxing the viewability setting can also be helpful as it widens the pool of available inventory and increases the likelihood of the line-item being served. However, it is important to keep in mind that relaxing the viewability setting may compromise the quality of impressions and clicks received. Therefore, it is recommended to monitor the line-item's performance closely and adjust the viewability setting accordingly.
Other manual optimization tactics that Antonio could consider include decreasing frequency caps and selecting any unchecked supply sources. However, it is important to note that these tactics should only be used after careful analysis and consideration of the line-item's performance data.

To know more about optimization tactics visit:

https://brainly.com/question/30479831

#SPJ11

Fill in the blanks with the word or phrase from the drop-down list that best completes the sentence.
a. Warehousing is the location of stock and the number of warehouses the firm maintains, while inventory control is the quantity of stock the firm maintains at each ____. b. Using ____ is a component of handling materials appropriately in the factory, in the warehouse, and in the transport terminals. c. Activities for moving products within plants, warehouses, and transportation terminals comprise the ____ system.

Answers

Warehousing is the location of stock and the number of warehouses the firm maintains, while inventory control is the quantity of stock the firm maintains at each location.

Inventory control is an important aspect of managing stock in any organization. It involves keeping track of the quantity of stock available at each location and ensuring that it is at an optimal level. This helps prevent stockouts and overstocking, which can lead to significant financial losses.

b. Using appropriate equipment is a component of handling materials appropriately in the factory, in the warehouse, and in the transport terminals.

Using the right equipment for handling materials is essential to ensure that goods are handled safely and efficiently. This can include equipment such as forklifts, pallet jacks, and conveyor belts, which can help move materials quickly and easily.

c. Activities for moving products within plants, warehouses, and transportation terminals comprise the materials handling system.

The materials handling system is a set of activities designed to move products within a facility or between facilities. This can include activities such as loading and unloading trucks, transporting goods within a warehouse, and moving products between different locations. By optimizing the materials handling system, organizations can reduce costs and improve efficiency.

Learn more about financial here:

https://brainly.com/question/29641948

#SPJ11

If the process mean and variance do not change over time, the process is considered to be a. out of control. b. symmetric c. stable. d. oscillating

Answers

a. stable. Oscillating (option d) implies fluctuations or regular pattern changes, which are not indicative of stability.

If the process mean and variance do not change over time, it indicates that the process is stable. Stability means that the process is in control and is consistently producing output within acceptable limits. To determine stability, statistical process control (SPC) methods such as control charts are used. Control charts track the process mean and variance over time, allowing identification of any shifts or trends. If the process mean and variance remain constant without any significant changes or patterns, the process is considered stable.

If the process mean and variance do not change over time, the process is considered stable.If the process were out of control (option a), it would mean that there are variations or abnormalities in the process that need to be addressed. Symmetry (option b) refers to the shape of the distribution and is unrelated to process stability.

To know more about fluctuations visit:

https://brainly.com/question/30929947

#SPJ11

Negotiated transfer pricing is not always used because of each of the following reasons, except which of the following? (Points : 4)a)market price information is sometimes not easily obtainableb)a lack of trust between the negotiating divisions may lead to a breakdown in the negotiationsc)negotiations often lead to different pricing strategies from division to divisiond)opportunity cost is sometimes not determinable

Answers

Negotiated transfer pricing is a common practice used by multinational companies to transfer goods or services between their different divisions or subsidiaries.

However, it is not always feasible due to several reasons. These reasons include a lack of trust between the negotiating divisions that may lead to a breakdown in the negotiations, negotiations often lead to different pricing strategies from division to division, and market price information is sometimes not easily obtainable.

These factors may lead to difficulties in reaching a mutually acceptable price between the divisions. However, one reason that does not deter the use of negotiated transfer pricing is the determinability of opportunity cost.

Opportunity cost is an essential consideration in determining transfer pricing and can be determined with relative ease. Thus, negotiated transfer pricing is a valuable tool for companies to manage their inter-divisional transfers effectively.

To know more about Negotiated transfer pricing visit:

https://brainly.com/question/14085963

#SPJ11

Which of these statements regarding the legal authority of secondary sources of tax law is correct?A)Secondary sources of tax law have proximate legal authority.B)Secondary sources of tax law have no legal authority.C)Secondary sources of tax law have quasi-legal authority.D)As official interpretations of law, secondary sources of tax law have a weight of authority that is equal to that of the tax laws themselves.

Answers

Secondary sources of tax law refer to sources of information about tax law that are not the actual tax laws themselves. Examples of secondary sources of tax law include legal treatises, law review articles, and court decisions interpreting tax laws. These sources provide guidance and insight into the interpretation and application of tax laws.

The correct statement regarding the legal authority of secondary sources of tax law is that they have quasi-legal authority. This means that while they do not have the same legal authority as the tax laws themselves, they do carry some weight in legal analysis and decision-making. Courts and tax authorities often refer to secondary sources of tax law when interpreting and applying tax laws.It is important to note, however, that the weight given to secondary sources of tax law depends on the particular source and its credibility. For example, a well-respected legal treatise may carry more weight than a blog post written by an individual with no legal expertise. Ultimately, it is up to the court or tax authority to determine the weight and relevance of a secondary source in a particular case.In conclusion, secondary sources of tax law have quasi-legal authority and are often used as guidance and insight in the interpretation and application of tax laws. However, their weight and relevance depend on the credibility and context of the particular source.

To Know more about Secondary visit:

brainly.com/question/13509589

#SPJ11

in preparing a bank reconciliation, outstanding checks are group of answer choices added to the balance per bank. deducted from the balance per books. added to the balance per books. deducted from the balance per bank.

Answers

In preparing a bank reconciliation, outstanding checks are deducted from the balance per bank.

   Outstanding checks are checks that have been written and recorded in the company's books but have not yet cleared the bank. These checks are subtracted from the bank's balance because they represent a reduction in the amount of cash available to the company. In other words, the company has already recorded the payment, but the bank has not yet processed it. Therefore, the bank's balance needs to be adjusted to reflect the outstanding checks.

The bank reconciliation process involves comparing the company's records of cash transactions to the bank's records of cash transactions, and identifying any differences between the two. By reconciling the two balances, the company can ensure that its records are accurate and complete, and that it has the correct amount of cash on hand. Deducting outstanding checks from the bank's balance is an important step in this process, as it ensures that the company's records are adjusted for checks that have not yet cleared the bank.

To learn more about reconciliation click here : brainly.com/question/28711445

#SPJ11

Nancy J. Gleason and Douglas G. Shreffler, two partners in the law firm, began investigating the possibility of establishing a new, separate law firm. They decided to take preliminary steps to form that firm and, within two months, had located office space, ordered furniture and equipment, and initiated a banking relationship with the Harris Bank. One month later, on December 31, Gleason and Shreffler resigned from the partnership and started the GMS law firm. During her 13 years working at the partnership, Gleason was the primary person handling the firm’s Allstate Insurance Company account. While still working for the partnership, Gleason arranged to have the Allstate cases that were with the partnership reassigned to Gleason’s new firm. Did Gleason breach a fiduciary duty owed to the partnership? Explain.

Answers

Yes, Nancy J. Gleason likely breached a fiduciary duty owed to the partnership. Fiduciary duty refers to the legal obligation of a partner to act in the best interests of the partnership. In this case, Gleason and Shreffler were still partners in the original law firm while taking preliminary steps to establish a separate firm, GMS.

As Gleason was the primary person handling the Allstate Insurance Company account for the partnership, she had a responsibility to protect the partnership's interests. However, while still employed by the partnership, Gleason arranged to have the Allstate cases reassigned to her new firm, GMS. This action likely constitutes a breach of fiduciary duty as she acted in her own interest, and not in the best interest of the partnership.

In conclusion, Gleason's actions in reassigning the Allstate cases to her new firm while still being a partner in the original firm suggest a breach of fiduciary duty owed to the partnership. It is essential for partners to prioritize the interests of the partnership over their own when making decisions that may impact the partnership's success.

To know more about Fiduciary duty click here:

https://brainly.com/question/31148084

#SPJ11

georgio is writing a memo to suggest that his company hire someone to act on its behalf in a foreign market. if he wants to improve the ease of reading of his message, which term should he use to describe that person? multiple choice agent procurator expatriate fiduciary executor

Answers

Out of the given options, the most appropriate term that Georgio should use to describe the person he is suggesting to hire would be an "agent". An agent is someone who acts on behalf of another person or organization and has the authority to make decisions and take actions that are legally binding.

By using the term agent, Georgio would be clearly conveying that the person he is suggesting to hire will represent his company in the foreign market and will have the power to act on their behalf.Using the term procurator may not be as effective since it is not commonly used in modern business language.

Expatriate refers to someone who is living and working in a foreign country, which may not necessarily be the case for the person Georgio is suggesting to hire. Fiduciary and executor are terms that refer to specific legal roles, which may not be relevant in this context.Overall, using clear and concise language, such as the term agent, can help improve the ease of reading and understanding of Georgio's memo, and ensure that his message is effectively communicated to his company.

For more such questions on agent

https://brainly.com/question/7284696

#SPJ11

Other Questions
the mass density of normal air at a certain temperature is 1.29 kg/m3. if the average molecular mass of air is 29.0 u, how many air molecules are in spherical balloon of radius 15.0 cm? We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.-Preamble to the US ConstitutionWhich function or role of government is NOT expressed within the Preamble?A.) defend against external enemiesB.) maintain a peaceful nationC.) protect the Bill of RightsD.) preserve freedom for a nurse to develop a therapeutic attitude toward the treatment of alcohol, tobacco, and other drug (atod) problems in the community, the nurse must realize addiction is a health problem, drug addiction can be successfully treated, accurate information can help people make responsible decisions about drug use, and: A police officer that is callous to crime victims is showing the ______________ commonly found in those experiencing burnout. find the laplace transform f(s)=l{f(t)} of the function f(t)=6e7t 6t 5e6t, defined on the interval t0. f(s)=l{6e7t 6t 5e6t}= for what values of s does the laplace transform exis which of the following is a plausible link between the destruction of marine food webs and ozone levels in the stratosphere? decreased ozone allows oxygen to escape into space at the poles. decreased uv light causes fish to migrate away from poles. increased uv light exposure kills phytoplankton. increased ozone makes the ocean too cold for penguins. if the consumption of a product or service involves external benefits, then the government can improve efficiency in the market byquestion 27 options:a) providing a subsidy to correct for an overallocation of resources.b) imposing a corrective tax to correct for an overallocation of resources.c) providing a subsidy to correct for an underallocation of resources.d) imposing a corrective tax to correct for an underallocation of resources. 1. A cube of sugar is 2 cm wide. Calculate the num- ber of cubes in a box 720 cm.2. Calculate the amount of air in a room 6 m long, 5 m wide and 3 m high.3. The area of one side of a cuboid is 360 cm. What is the length, if the width is 1.5 cm? 4What is the volume of a container if it contains 12 boxes each 2.5 cm by 3 cm by 4.5 cm?5. A tank contains 4 500/ of water. Find the depth of the tank if its base area is 300 m. T/F : commercial banks recieve a portion of their returns from warrants in addition to the reciept of interest and the repayment of the principal that was lent daniel levinson studied men in their mid-thirties to mid-forties and has suggested that throughout middle adulthood men think about their accomplishments and re-create goals. though there is little evidence of a large hormonal change, the realization that life is finite and they may not accomplish all of their goals may lead some men to: behavior intervention plans are derived from functional behavior assessments.T/F? A reality TV show asks viewers to text in their favorite contestant. Over 200,000 texts were received. The type of bias involved in the given information is _____ bias. when increasing the output of one product reduces the marginal cost of another product, it is called multiple choice question. cost complementarity. economies of scale. if the barometric pressure is 740.8 torr, water vapor pressure at 20.0 c is 17.5 torr. what is the pressure of h2 gas in atm? What secretes mineralocorticoids which speed up the reabsorption of sodium and excretion of potassium in the blood ? what is the variance of the random variable x, where x is the number that comes up when a fair die is rolled? how are bias and propaganda used to influence voters Serious injuries occur because a driver 's speed:It is essential that you remain alert to conditions of objects that can increase levels of riskExceeded the vehicle's ability to provide protectionAny activity that takes your mind off your driving or your eyes off the road point of service plans a type of hmo/ppo hybrid. they encourage plan members to seek but are not required to use a primary care provider who will become the gatekeeper of services. members will receive lower fees if they use a gatekeeper model. question 5 options: a) true b) false what is the wavelength used by a radio station that broadcasts at a frequency of 920 khz? (c = 3.00 108 m/s) 175 m 326 m 22.6 m 226 m 276 m