Answer: c. Mark. Since he captured the animal.
Explanation:
With regards to the information given, the owner of the animal is Mark because he's the one who captured the animal.
It should be noted that the fact that Mike tells Mark that Mike has spent 25 years and $2,000,000 to corner the animal in a specific field in Congo doesn't mean that he's the owner of the animal.
Upon capturing the animal, under the law of ownership, the animal now belongs to Mark as he's the owner.
The discount rate used to calculate the net present value of a capital budgeting project should be: a. The risk-free rate. b. The weighted average cost of capital. c. LIBOR. d. The internal rate of return.
Answer:
B
Explanation:
Capital budgeting is the determination of the profitability of proposed investments
One of the capital budgeting methods is the net present value
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
the Weighted cost of capital is used to determine NPV
WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate)
It is the minimum rate of return a company expects from a project
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a captial budgeting method
Joelle, a designer for a business
Answer:
that's really nice to hear but is this suppose to be an English assignment?
Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard deviation of 16%. B has an expected rate of return of 8% and a standard deviation of 12%. The risk-free portfolio that can be formed with the two securities will earn a(n) _____ rate of return.
Wall Inc. forecasts that it will have the free cash flows (in millions) shown below. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 14% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the firm’s total corporate value, in millions? Do not round intermediate calculationsYear 1 2 3
Free cash flow -$20.00 $48.00 $50.50
Answer:
$461.38
Explanation:
Calculation to determine the firm’s total corporate value, in millions
First step is to find the growth rate
Using this formula
g = FCF3/FCF2 - 1
Let plug in the formula
g=($50.50/$48.00)-1
g=1.05208333-1
g= 5.208333%
Second step is to calculate the horizon or value at Year 2
Using this formula
Year 2 Horizon value = FCF3/(WACC – g)
Let plug in the formula
Year 2 Horizon value (HV2)=$50.50/(14%-5.208333%)
Year 2 Horizon value=$50.50/8.791667%
Year 2 Horizon value= $574.41
Now let calculate the Total corporate value using this formula
Total corporate value = FCF1/(1.14) +(FCF2 + HV2)/(1.14)^2
Let plug in the formula
Total corporate value=-$20/(1+.14)+($48+$574.39)/(1+.14)^2
Total corporate value=-$20/(1.14)+($48+$574.39)/(1.14)^2
Total corporate value=-$17.54+($622.41)/(1.14)^2
Total corporate value=-$17.54+$478.92
Total corporate value= $461.38
Therefore the firm’s total corporate value, in millions is $461.38
g Segmented Markets Theory of the Yield Curve A. Notes or bonds of different maturities are not substitutes for each other B. Notes or bonds of different maturities are substitutes for each other C. Notes or bonds of different maturities are inversions of each other D. Explains why the yield curve is normally downward sloping
Answer:
A
Explanation:
The segmented Markets Theory of the Yield Curve is a traditional theory explaining the term structure of interest rates
According to the theory, the yield curve is divided into different maturities and investors determine the yield curve by their demand and supply for funds of different maturities.
Each maturity is viewed as a segmented market in which the yield is determined independently from the yields of other maturities
The theory assumes that investors are unwilling or unable to invest in other securities than that with their preferred maturity. As a result, the yield of securities in a maturity is determined only by the demand and supply of funds in that maturity. It also implies that Notes or bonds of different maturities are not substitutes for each other
A process is in control and centered at nominal. Output from the process is normally distributed and the process capability index, Cp, equals 1.02. Determine the expected number of nonconforming units that will result from a production run of 20,000 units. Assume that all previously stated conditions regarding the process remain as described during the production run of 20,000 units.
Answer:
44 nonconforming units
Explanation:
Calculate The expected number of nonconforming units
Given that :
Cp = 1.02
number of units ( N ) = 20,000
standard deviation of defective units = 3 * 1.02 = 3.06
proportion of defective units = 1 - P ( -3.06 < Z < 3.06)
= 1 - ( 0.9989 - 0.0011 ) = 1 - 0.9978 = 0.0022
Hence the number of nonconforming units
= N * proportion of defective units
= 20,000 * 0.0022 = 44
Logan Company can sell all of the standard and premier products they can produce, but it has limited production capacity. It can produce 6 standard units per hour or 5 premier units per hour, and it has 39,000 production hours available. Contribution margin per unit is $21 for the standard product and $25 for the premier product. What is the most profitable sales mix for Logan Company
Answer:
234,000 standard units
Explanation:
Standard unit Premier unit
Contribution margin per unit $25 $21
Production hour per unit 1/6 1/5
Contribution margin per production hour $150 $105
Contribution margin per production hour is higher for standard units, hence Logan company should produce standard units.
Total production hours available = 39,000
Production per hour of standard unit = 6
Maximum production of standard units = Total production hours available * Production per hour of standard unit
Maximum production of standard units = 39,000 * 6
Maximum production of standard units = 234,000
ILL GIVE BRAINLIEST Jessie has been renting for several years and although many of his friends have purchased a home, Jessie believes renting is best for him. What is one advantage Jessie receives from renting? *
A. privacy
B. tax deductions received
C. greater flexibility in moving
D. ability to make permanent changes to his apartment
Answer:
B and D
Explanation:
Answer:
maybe it is c greater flexibility in moving
or none of them are that much profit
John Company could buy a machine that costs $72,000. It is estimated that it earn nothing until year five, then earn $150,000 in year 5. If the discount figures are .567 for cash received at the end of five years and 3.605 for payments received every year for five years, what is the net present value for this machine
Answer:
$13,050
Explanation:
Net present value is a method of capital budgeting.
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Net present value = (cash flow in year 5 x year 5 discount rate) - Initial Investment
($150,000 x 0.567) - $72,000
85,050 - $72,000 = $13,050
Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank offers to lend you the $50,000, but it will charge 6.0%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks? a. 1.56% b. 1.30% c. 0.72% d. 0.91% e. 1.09%
Answer: d. 0.91%
Explanation:
Farmers Bank
Effective annual rate is calculated with the formula:
= (1 + Rate / number of compounding period in a year) ^ number of compounding periods in a year - 1
= ( 1 + 5%/4 quarters) ⁴ - 1
= 5.09%
Merchants bank's rate is already an annual figure so there is no need for conversion.
Difference is:
= 6% - 5.09%
= 0.91%
Roadway Corporation produces a special line of plastic toy racing cars. Roadway Corporation , produces the cars in batches. To manufacture a batch of the cars, Roadway Corporation , must set up the machines and molds. Setup costs are batch-level costs because they are associated with batches rather than individual units of products. A separate Setup Department is responsible for setting up machines and molds for different styles of car. Setup overhead costs consist of some costs that are variable and some costs that are fixed with respect to the number of setup-hours. The following information pertains to June 2015: Actual Static-budget Amounts Amounts Units produced and sold 15,700 11,950 Batch size (number of units per batch) 325 265 Setup-hours per batch 3 4.25 Variable overhead cost per setup-hour $48 $45 Total fixed setup overhead costs $11,310 $9,010 Calculate the efficiency variance for variable overhead setup costs. (Round all intermediary calculations two decimal places and your final answer to the nearest whole number.) Group of answer choices $435 Favorable $4,810 Favorable $4,810 Unfavorable $435 Unfavorable
Answer:
the efficiency variance for variable overhead setup costs is $4,810 favorable
Explanation:
The computation of the efficiency variance for variable overhead setup costs is shown below;
= ((15,700 ÷ 265) × 4.25) × $45 - ((15,700 ÷ 325) × 3) × $45
= $11,330.6604 - $6,521.5384
= $4,809.12 favorable
= $4,810 favorable
hence, the efficiency variance for variable overhead setup costs is $4,810 favorable
the authors cited statistical evidence that the price elasticity of demand for royal crown cola is -2.4, and the price elasticity of demand for coke is roughly -5.5. Which firm likely has stronger brand loyalty among customers that provides greater potential for monopoly power in the cola market
Answer:
royal crown cola
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded
both companies have an elastic demand because their coefficient of elasticities is greater than 1. Coke has a higher elasticity as a result, consumers would respond sharply to changes in price. this makes them enjoy less brand loyalty when compared with royal crown cola that has a lower elasticity of demand
Claremont Company specializes in selling refurbished copiers. During the month, the company sold 220 copiers for total sales of $836,000. The budget for the month was to sell 215 copiers at an average price of $4,000. The sales price variance for the month was:
Answer:
$44,000 Unfavourable
Explanation:
Given the above information, sales price variance is computed as
= (Actual sales price - Standard/Budgeted sales price) × Actual units sold
Actual sales price = $836,000/220 = $3,800
Standard sales price = $4,000
Actual units sold = 220
= ($3,800 - $4,000) × 220
= $44,000 Unfavourable
The above is unfavourable sales price variance because you can sell the copier at a higher price of $4,000 than the actual price of $3,800
a. Simulation can be used to analyze large and complex real-world situations that cannot be solved by using conventional quantitative analysis models b. Simulation can answer what-if types of questions c. Simulation can be used to study the interactive effect of individual components or variables in order to determine which ones are important d. All of the above statements are correct
Answer:
D). All of the above statements are correct.
Explanation:
Simulation can be described as the process designed to offer a realistic experience in order to know the actual mechanism of a specific behavior or outcome.
As per the question, 'all the given statements' are asserting true claims with respect to simulation. Simulation is characterized as an effective process for evaluating large and complicated actual-world circumstances as it is a realistic environment to know the truth and actual causes behind those situations. Such situations cannot be assessed truly using the traditional quantitative models of analysis. It is able to provide answers to the questions like 'what-if' as it observes the realistic nature and promotes effective decision-making. It is also employed to investigate the collective effect of specific variables or components to categorize them as important or not-important as it closely observes every aspect. Thus, option D is the correct answer.
A stock price (which pays no dividends) is $48 and the strike price of a two year European put option is $54. The risk-free rate is 3% (continuously compounded). Which of the following is a lower bound for the option such that there are arbitrage opportunities if the price is below the lower bound and no arbitrage opportunities if it is above the lower bound?
A. $4.00.
B. $3.86.
C. $2.86.
D. $0.86.
Answer:
sorry i needed points
Explanation:
Which of these are considered both short- and long-term investments? Select four options.
CDs
stocks
savings accounts
mutual funds
bonds
commodities
Edge answers please
Answer:
CDs
Stocks
Mutual funds
Commodities
Explanation:
:)
'Investments' are defined as the 'process of allocating money having an aim of receiving a profit.'
The items that can be considered as both the short, as well as, long-term investments would be:
A). CDs
B). Stocks
C). Mutual funds
E). Commodities
A CD or Certificate of Deposit(CD) is characterized as both the 'short, as well as, long-term' investment because it provides interest and offers a lump-sum on its maturity. Stocks are also such an investment as it offers both intra-day trade and long-term holding options as well. Mutual funds are also a good option for generating both regular incomes in the short-term and big capital gain over a time period. Commodities like gold, crude oil, etc. also offer such an option as it is the item whose price keeps growing and thereby providing an opportunity to earn.Thus, options A, B, C, and E are the correct answers.
Learn more about 'short-term investment' here:
brainly.com/question/16462918
According to the U.S. Bureau of Labor Statistics, there were 100,800 chefs/head cooks employed in the United States in 2010 and 320,900 food service managers. Those numbers were projected to decrease to 98,800 and 311,000 by 2020. Which job was facing the larger percent decrease
Answer:
Foodservice managers
Explanation:
Considering the data available in the question we have the following:
In 2010 => Chefs / head cooks - 100,800 personnel
In 2010 => Foodservice managers = 320,900 personnel
In 2020 => Chefs/head cooks = 98,800
In 2020 => Foodservice managers = 311,000
The difference in chefs/head cooks = 100,800 - 98,000 = 2,000
While that of Food service managers = 320,900 - 311,000 = 9,900
Hence, percentage for chefs / head cooks = 2000/108900 = 1.98% decrease
Percentage of fold service managers = 9900/320900 = 3.09% decrease.
Hence, in this case, Foodservice managers facing a larger percentage decrease.
The Beranek Company, whose stock price is now $30, needs to raise $13 million in common stock. Underwriters have informed the firm's management that they must price the new issue to the public at $25 per share because of signaling effects. The underwriters' compensation will be 6% of the issue price, so Beranek will net $23.50 per share. The firm will also incur expenses in the amount of $165,000. How many shares must the firm sell to net $13 million after underwriting and flotation expenses
Answer:
858,085 shares must be sold
Explanation:
Net amount to be raised $ 13,000,000
Add: floatation expenses 165,000
Amount to be available after
payment of underwriting compensation 20,165,000
No of shares to be issued at 23.50 $ = 20,165,000/23.50 = shares, rounded off to 858,085 shares.
858,085 shares must be sold
The Federal Open Market Committee a. by law must focus on maintaining low inflation rather than stabilizing output. b. by law must follow a mechanical rule that takes into account deviations of unemployment from its natural rate and deviations of inflation from a target. c. operates with almost complete discretion over monetary policy. d. by law must focus on stabilizing output rather than maintaining low inflation.
Answer:
c. operates with almost complete discretion over monetary policy.
Explanation:
Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
The FOMC are typically responsible for making monetary policy and the determination of the direction of the monetary policy in the United States of America.
Hence, the Federal Open Market Committee (FOMC) are saddled with the responsibility to operate with almost complete discretion of its members over monetary policy in a particular country.
"You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.05 and the total portfolio is equally as risky as the market, what must the beta be for the other stock in your portfolio?"
Answer: 1.95
Explanation:
The beta for the other stock in the portfolio will be calculated thus:
Portfolio Beta = (BetaA × WeightA) + (BetaB × WeightB) + (BetaC × WeightC)
= (BetaA × 1/3) + (1.05 × 1/3) + (0 × 1/3)
= (BetaA × 1/3) + 0.35 + 0
Beta A = 1-0.35 × 3
Beta A = 0.65 × 3
Beta A = 1.95
organizing can be defined as
Organizing simply refers to the execution of plans, by assigning jobs as well as the successful deployment of resources for a specific result/aim/goal.
Feel free to mark as brainliest :D
In a proposal to install and monitor a security system statements such as "our company has over 25 years of experience" should appear in what section
Introduction
Body
Closing
Appendix
_____________ planning focuses on delivering products or services to consumers as well as warehousing, delivering, invoicing, and payment collection.
Answer:
Distribution
Explanation:
Distribution is one of the phases in production. It is often said that production is not complete until goods and services gets to the final consumers. Distribution planning entails getting the goods produced to consumers as well as warehousing them. It also entails delivery, invoicing and payment collections.
As the last chain in production processes, distribution planning makes goods and services produced gets to the final consumes whilst also taking care of the logistics involved and payment collections.
The market risk premium is 8 percent. · The beta on Fiscal Cliff's common stock is 2.3. · The company's retained earnings are sufficient so that they do not have to issue any new common stock to fund capital projects. · The company's tax rate is 40 percent. Given this information, what is Fiscal Cliff's WACC? A. 9.21% B. 12.58% C. 8.17% D. 7.63% E. 11.35%
Answer:
A. 9.21%
Explanation:
WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt
Cost of Equity calculation :
Cost of Equity = Interest from risk free security + beta x market premium
= 3.00 % + 2.3 x 8.00%
= 21.40 %
Cost of Debt calculation :
PV = - $700
FV = $1,000
N = 25
PMT = $1,000 x 8% = $80
P/YR = 1
I/YR = ???
The Bond`s yield will be the cost of debt. The cost of debt using a financial calculator i/yr is 11.76 %
But,
We always use the After tax cost of debt,
After tax cost of debt = interest x (1 - tax rate)
= 11.76 % x (1 - 0.40)
= 7.056 %
therefore,
WACC = 21.40 % x 15 % + 7.056 % x 85 %
= 9.2076 or 9.21 %
Who creates supply in a capitalist society?
O the seller
O the buyer
O the president
O government
Answer:
President
Explanation:
The president because they are the ones protecting the country
Grace is a self-employed sales consultant who spends significant time entertaining potential customers. She keeps all the appropriate records to substantiate her entertainment. She has the following expenses in the current year:
Meals where business was conducted $5,000 Greens fees (all business) 500
Tickets to baseball games (all business) 500
Country Club dues (all business use) 6,000
What are the tax-deductible meals and entertainment expenses Grace may claim in the current year? On which tax form should she claim the deduction?
Answer:
any options?
Explanation:
Answer: Schedule C
Explanation:
Turrubiates Corporation makes a product that uses a material with the following standards:
Standard quantity 7.7 liters per unit
Standard price $ 2.20 per liter
Standard cost $ 7.70 per unit
The company budgeted for production of 3,500 units in April, but actual production was 3,600 units. The company used 28,400 liters of direct material to produce this output. The company purchased 19,800 liters of the direct material at $2.3 per liter.
The direct materials purchases variance is computed when the materials are purchased.
The materials quantity variance for April is:__________
a. $1,564 U
b. $1,496 U
c. $1,564 F
d. $1,496 F
On June 1, 20X1, Conner Company, a new firm, paid $4,300 rent in advance for a five-month period. The $4,300 was debited to the Prepaid Rent account. On June 1, 20X1, the firm bought supplies for $7,250. The $7,250 was debited to the Supplies account. An inventory of supplies at the end of June showed that items costing $2,950 were on hand. On June 1, 20X1, the firm bought equipment costing $44,160. The equipment has an expected useful life of 8 years and no salvage value. The firm will use the straight-line method of depreciation. Prepare end-of-June adjusting entries for Conner Company.
Answer:
No Account and explanation Debit Credit
1. Rent expense ($4,300/5) $860
Prepaid rent $860
(To record adjusted rent expense)
2. Supplies expense (7,250-2,950) $4,300
Supplies $4,300
(To record adjusted supplies)
3. Depreciation expense $460
[(44,160/8)/12]
Accumulated depreciation $460
(To record depreciation)
4. Suppose that the exchange rate adjusts so that interest-rate parity holds. Further, suppose the interest rate on a one-year South Koran bond is 6 percent and the interest rate on a one-year U.S. bond is 2 percent. a) If you expect the exchange rate in one year to be 1,100 South Korean won per USD, what is the exchange rate today
Answer:
The exchange rate today is 1,058.5
Explanation:
Interest rate on 1 year South Korean bond = 6% or 0.06
Interest rate on 1 year U.S. bond = 2% or 0.02
Expected Exchange rate in 1 year = 1,100 South Korean won per USD. Let the Exchange rate today = x
[(Interest rate on South Korean bond - Interest rate on U.S. bond)/(1 + Interest rate on 1 year U.S. bond)] + 1 = (Expected Exchange rate in 1 year)/(Expected Exchange rate today)
[(0.06 - 0.02)/(1 + 0.02)] + 1 = 1,100/x
x = [0.04/1.02] + 1 = 1,100/x
x = 1,100/1.0392
x = 1,058.50
So therefore, the exchange rate today is 1,058.5
In supply chain, the bullwhip effect produces progressively larger inventories as demand variation increases upstream. A primary reason for this supply behavior is: Select one: a. Suppliers announce price reduction. b. Supply shortages stimulate small lot size production. c. Perceived shortage causes buyers to inflate orders. d. Suppliers increa
Answer:
c. Perceived shortage causes buyers to inflate orders.
Explanation:
The bullwhip effect phenomenon is when the demand forecasts of buyers of a product results in supply inefficiencies.
Demand and supply are related in that an increase in supply results in lower prices of goods and demand rises, and vice versa.
In the bullwhip phenomenon available inventory of a product varies on the basis of demand.
For example an increase in perceived demand for a product will result in an increase in inventory from the supplier and price goes down.
On the other hand when there is a perceived shortage of a product buyers will tend to inflate orders and price will eventually rise