Answer:
Guarantee continuity of operations even if the office is damaged by tornado
Explanation:
Public cloud offers the flexibility of using computing services over the public network, it allows sharing of network, bandwidth with others. However, gives organizations a more level of assurance of being able to access their network and storage in case of accident. In the scenario above, Rosie made a recommendation that her company to public cloud because of the likely threat posed by tornado to the her company's office and its network, tornadoes often have a very devastating effect on anything in its path. Rosie's recommendation was based on this likely threat. However, with public cloud, the company will still be able to continue free flow of operation even if the company a office is damaged.
Carmen Company has the following equity amounts and no dividends in arrears. Preferred stock, $1,000 par $24 million Common stock, $100 par $20 million Paid-in capital in excess of par $36 million Retained earnings $18 million What is the book value of Carmen's common stock
Answer:
$370 book value.
Explanation:
The computation of the book value of Carmen's common stock is shown below:
= $20 million + $36 million + $18 million
= $74 million.
Now
= $20 million total par value × $100 par value/share
= 200,000 shares
Now
= $74 million ÷ 200,000 shares
= $370 book value.
Donner Company is selling a piece of land adjacent to its business premises. An appraisal reported the market value of the land to be $91,783. The Focus Company initially offered to buy the land for $108,128. The companies settled on a purchase price of $212,000. On the same day, another piece of land on the same block sold for $103,023. Under the cost principle, at what amount should the land be recorded in the accounting records of Focus Company
Answer:
$212,000
Explanation:
Based on the information given we were told that the companies settled on a PURCHASE PRICE of the amount of $212,000 which therefore means that UNDER THE COST PRINCIPLE, the amount that the land should be recorded in the accounting records of Focus Company will be $212,000 which is the PURCHASE PRICE.
Hudson Company reports in its 2017 10-K, sales of $332 million, long-term debt of $27 million, and interest expense of $980,000. If sales are projected to increase by 4% next year, projected interest expense for 2018 will be:________
A) $1,019,200
B) $ 908,000
C) $1,007,000
D) $ 980,000
Answer:
D) $ 980,000
Explanation:
The computation of the projected interest expense for 2018 will be is shown below:
Since sales are increased or decreased and the interest expense should remains constant or same
Also the interest expense based on the long term debt
Therefore the projected interest expense is $980,000
Hence, the correct option is d.
The marginal propensity to expend is .85. Autonomous expenditures are $3,000. What is the level of equilibrium income in the economy
The level of equilibrium income in the economy is $20,000
Calculating the problem:
The level of equilibrium income in the economy:
Equilibrium (Y) = 3000+ 0.85 Y
Y - 0.85 Y = 3000
0.15 Y = 3000
Y = 3000 ÷ 0.15
Y = 20,000
The equilibrium income is 20,000.
How does the increase impact the income level at equilibrium?The ideal level of income is:
It describes a situation in which an economy's production and market demand are balanced. When the necessary aggregate demand for goods and services equals the necessary aggregate supply, the economy is at an equilibrium level of revenue and output.
In the income-expenditure model, the equilibrium occurs at the GDP level where total spending equals gross domestic product (or GDP). This equilibrium can be located graphically and algebraically.
At a certain interest rate, demand for money rises as income does. If there is a fixed supply of money, the interest rate must rise to reduce the demand for money and preserve equilibrium.
Learn more about Equilibrium here
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# SPJ 2
A firm has the following order history over the last 6 months (see appended information). What would be a 4-month weighted moving average forecast for July using weights of 30% for the most recent month, 50% for the month preceding the most recent month and 40% for the month preceding that one and 20% for the last month
Answer:
A 4-month weighted moving average forecast for July would be 137.50.
Explanation:
Note: This question is not complete as the appended information is not provided. To complete the question, the appended information is therefore before answering the question as follows:
Month Actual Demand
January 120
February 95
March 100
April 25
May 200
June 25
The explanation of the answer is now provided as follows:
The most recent month = June
The month preceding the most recent month = May
The month preceding that one = April
Last month = March
Therefore, we have:
Forecast for July = (June actual demand * 30%) + (May actual demand * 50%) + (April actual demand * 40%) + (March actual demand * 20%) = (25* 30%) + (200 * 50%) + (25 * 40%) + (100 * 20%) = 137.50
Therefore, a 4-month weighted moving average forecast for July would be 137.50.
Suppose you sell 22 of the May corn futures at the high price of the day. You close your position later when the price is 464.750. Ignoring commission, what is your dollar profit on this transaction
Your dollar profit on this derivative transaction is $247,500.
What is a derivative transaction or contract?Derivative transactions are financial contracts, like futures, options, and forwards that derive their values from the fluctuations of the underlying asset.
Derivative contracts indicate the price at which the financial security is traded and the date within which the transaction should take place.
Examples of derivative transactions include:
Structured debt obligations and depositsSwaps, futures, and optionsCaps, floors, and collarsForwards, and various combinations thereof.Data and Calculations:Number of contracts = 22
Contract size = 5,000
Number of bushels to be delivered = Number of contracts x Contract size
= 110,000 (22 × 5,000)
Profit to be obtained = Number of bushels to be delivered × Settlement price × (High price in May − Closing price)
= 110,000 × ($467 − $464.75)
= 110,000 × $2.25
= $247,500
Thus, your dollar profit on this derivative transaction is $247,500.
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Question Completion:Use the following corn futures quotes:
Contract month Open High Low Settle Change Open Int
March 455.125 457.000 451.750 452.000 -2.750 597,913
May 467.000 468.000 463.000 463.250 -2.750 137,547
July 477.000 477.500 472.500 473.000 -2.000 153,164
Sep 475.000 475.500 471.750 472.250 -2.000 29,258
Number of bushels to be delivered = 210,000
Contract size = 5,000
Number of contracts to be delivered = 42 (210,000/5,000)
The value of which of these expressions is closest to e?
Answer: B
Explanation:
Therefor, value 2.659 is closest to the value of e
( I hope this helped of not I’m sorry)
Tatum can borrow at 7.4 percent. The company currently has no debt and the cost of equity is 11.8 percent. The current value of the firm is $695,000. The corporate tax rate is 25 percent. What will the value be if the company borrows $410,000 and uses the proceeds to repurchase shares
Answer:
the value be if the company borrows $410,000 is $797,500
Explanation:
The computation of the value be if the company borrows $410,000 is given below:
= Value of the firm + borrowed amount × corporate tax rate
= $695,000 + $410,000 × 25%
= $797,500
hence, the value be if the company borrows $410,000 is $797,500
Therefore the same should be relevant
List two characteristics of the market structure where Telkom operates before the emergence of the big three
Answer:
The two main characteristics of the market structure where Telkom operates before the emergence of the big three are:
1. Profit-maximization as the single seller and price-fixer
2. High barriers to entry of all entities backed by government regulations
Explanation:
Telkom was the only fixed-line and state-owned monopolist in South Africa until the mid-1990s when the big three telecom competitors emerged following deregulation. During the era when it was a monopolist, Telkom was the only provider of fixed-line telephone services. At that time, mobile networks had not been introduced. As a single seller of its services, Telkom practiced price discrimination and maximized profits, ensuring that the barriers to entry of other companies were strongly protected by law.
M Corporation produces and sells Product D. To guard against stockouts, the company requires that 25% of the next month's sales be on hand at the end of each month. Budgeted sales of Product D over the next four months are:
June July August September
Budgeted sales in units 40,000 60,000 50,000 80,000
Budgeted production for August would be:__________.
A. 77,000 units
B. 80,000 units
C. 57,500 units
D. 107,000 units
Answer:
Production= 57,500 units
Explanation:
Giving the following information:
To guard against stockouts, the company requires that 25% of the next month's sales be on hand at the end of each month.
To calculate the production for July, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 60,000 + (0.25*50,000) - (0.25*60,000)
Production= 57,500 units
Which of the following is an example of a divisional organizational structure?
Answer: b
Explanation:
Briggs Company has operating income of $36,000, invested assets of $180,000, and sales of $720,000. Use the DuPont formula to compute the return on investment and show (a) the profit margin, (b) the investment turnover, and (c) the return on investment
Answer:
a. 5 %
b. 4.00
c. 20 %
Explanation:
(a) the profit margin,
profit margin = Net Income / Sales x 100
= $36,000 / $720,000 x 100
= 5 %
(b) the investment turnover, and
investment turnover = Sales ÷ Total Assets
= $720,000 ÷ $180,000
= 4.00
(c) the return on investment
return on investment = Net Income ÷ Total Assets
= $36,000 /$180,000 x 100
= 20 %
Durango Co. must decide between two investment opportunities. Information about the two opportunities is listed below: Opportunity 1 - Present value of cash inflows is $123,000 and the present value of cash outflows is $112,323. Opportunity 2 - Present value of cash inflows is $14,232 and the present value of cash outflows is $7,232. Which investment yields a higher rate of return?
Answer:
Opportunity 2
Explanation:
Calculation to determine Which investment yields a higher rate of return
Based on the information given OPPORTUNITY 2 investment yields a HIGHER rate of return reason because the PRESENT VALUE INDEX is 1.968 calculated as :
Rate of return=$14,232/$7,232
Rate of return= 1.968
Which is HIGHER than the present value index of both opportunity 1 and opportunity 3.
Sandhill Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single distributor at $10 each. All other costs incurred by the company are fixed. Sandhill Cash, Ltd. sells the hats for $40 each.
Required:
If fixed costs total $130,000 per year, what is the breakeven point in units
Answer:
the break even point in units is 4,333 units
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost ÷ contribution margin per unit
= $130,000 ÷ ($40 - $10)
= $130,000 ÷ $30
= 4,333 units
hence, the break even point in units is 4,333 units
the above formula should be applied for the same
3) Assume you decide you should invest at least part of your money in large capitalization stocks of companies based in the United States. What are the advantage and disadvantages of choosing the Bledsoe Large company stock fund compared to the Bledsoe s
Answer:
Advantage : Outperforming the market
Disadvantage : Underperforming in the market
Explanation:
Advantages of choosing Bledsoe Large company stock fund
Bledsoe Large company stock fund is an actively managed fund hence there is the possibility of outperforming in the market as data has shown over the 10 years, when compared with Bledsoe S&P 500 index Fund.
While the disadvantage is also the possibility of underperforming in the market and this is because most mutual funds cannot sustain its outperformance of the market over a very long period of time.
2) Assume that you invest 5 percent of your salary and receive the full 5 percent match from East Coast Yachts. What EAR do you earn from the match
Answer:
The EAR you earn from the match is 100%.
Explanation:
Because you will receive a full 5% match if you invest 5% of your pay, this means you will earn 100% of the match up to 5%.
For instance, if you put in 5% of your salary which is determined to be $500 (i.e. $10,000 salary * 5%), East Coast Yachts will match that amount up to $500. This means that you will receive a 100 percent effective annual return (EAR) from the match.
As a result, the EAR you earn from the match is 100%.
We invent the automobile to get us between two points faster, and suddenly we find we have to build new roads. And that means we have to invent traffic regulations ... and then we have to invent a whole new organization called the highway patrol. This assessment supports the idea that
Answer:
Invention is the mother of necessity
Explanation:
In the given instance it can be seen that the invention of the automobile necessitated the building of new roads which in turn necessitated invention of traffic's regulations and finally invention of a new organization called the highway patrol.
This illustrates how necessity in a given situation forces people to invent technologies and processes that will tackle the present challenge.
There is no future preplanning of the inventions, but they come as the need arises.
Which of the following is a characteristic of a general partnership?
a. The partnership has an unlimited life.
b. The partners have co-ownership of partnership property.
c. The partners have limited liability.
d. The partnership is subject to federal income tax.
Answer:
i guess 2nd option will be the ans
Sal’s satellite company broadcasts TV to subscribers in Los Angeles and New York. The demand functions for each of these two groups are QNY = 60 - 0.25PNY QLA = 100 - 0.50PLA where Q is in thousands of subscriptions per year and P is the subscription price per year. The cost of providing Q units of service is given by C =1000 +40Q where Q=QNY +QLA What are the profit-maximizing price and quantity for the New York?
Answer:
For New York, the profit-maximizing price is $100 and the profit-maximizing quantity is 25.
Explanation:
For both Los Angeles and New York, we have:
C = 1000 + 40Q where Q=QNY +QLA
MC = dC/dQ = 40 ………………………. (1)
For New York, we have:
QNY = 60 - 0.25PNY ……………… (2)
Solving for PNY, we have:
0.25PNY = 60 - QNY
PNY = (60 / 0.25) - (1/0.25)QNy
PNY = 240 - 4QNY ………………. (3)
RNY = Revenue in New York = PNY * QNY = (240 - 4QNY)QNY = 240QNY – 4QNY^2 ………. (5)
MRNY = dRNY/dQNY = 240 - 8QNY ……….. (5)
Since profit is maximized when MC = MR, we therefore equate equations (1) and (5) and solve for QNY as follows:
40 = 240 - 8QNY
8QNY = 240 - 40
8QNY = 200
QNY = 200 / 8 = 25
Substituting QNY = 25 into equation (3), we have:
PNY = 240 - (4 * 25) = 240 - 100 = 100
Therefore, the profit-maximizing price is $100 and the profit-maximizing quantity is 25 for the New York.
A résumé that emphasizes the candidate's directly applicable skills,
achievements, and abilities is
Answer: Combination resume
Explanation:
A combination resume combines a person's skills and abilities as well as what they have accomplished so far in their lives. This includes work experience, education and volunteer work.
This is the kind of resume that employers prefer because it shows them whether a person would be suitable for a job based on their skills as well as their work experience.
Adjusting and paying accrued wages L.O. C1, P1 Pablo Management has seven part-time employees, each of whom earns $205 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. They were paid in full on Friday, December 28, 2011. The end of the year, December 31, 2011 falls on a Monday. The next week, the seven employees worked only four days because New Years Day was an unpaid holiday. All the seven employees are paid as usual on Friday, January 4, 2012.
(a) Prepare the adjusting entry that would be recorded on Monday, December 31, 2011. (Omit the "$" sign in your response.) Date General Journal Debit Credit Dec. 31, 2011
(b) Prepare the journal entry that would be made to record payment of the employees wages on Friday, January 4, 2012. (Omit the "$" sign in your response.) Date General Journal Debit Credit Jan. 4, 2012
Answer:
1- Wages Expense (Dr.) $1,025
Wages Payable (Cr.) $1,025
2- Wages Expense (Dr.) $1,845
Wages Payable (Cr.) $1,025
Cash (Cr.) $820
Explanation:
Wages expense = $205 * 5 days a week = $1,025 per week.
Wages expense = $205 * 4 days a week = $820 per week.
Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assuming a constant interest rate of 10%, consider the present and future values of this gift, depending on when you become engaged.
Complete the first row of the table by determining the value of the gift in one and two years if you become engaged today.
te Received Present Value Value in One Year Value in Two Years
(Dollars) (Dollars) (Dollars)
Today 1,000.00 1)______ 2)_______
In 1 year 3)_____ 1,000.00
In 2 years 4)______ 1,000.00
The present value of the gift is 5) _______ (GREATER or SMALLER) if you get engaged in two years than it is if you get engaged in one year.
Answer:
1. Value in One Year = Future value in one year = $1,100
2. Value in Two Year = Future value in two years = $1,210
3. Present value of Value in One Year = $909.09
4. Present value of Value in Two Years = $826.45
Based on the above, the present value of the gift is 5) SMALLER if you get engaged in two years than it is if you get engaged in one year.
Explanation:
Given:
Date Received Present Value Value in One Year Value in Two Years
(Dollars) (Dollars) (Dollars)
Today 1,000.00 1)______ 2)_______
In 1 year 3)_____ 1,000.00
In 2 years 4)______ 1,000.00
The present value of the gift is 5) _______ (GREATER or SMALLER) if you get engaged in two years than it is if you get engaged in one year.
Let:
r = constant interest rate = 10%, or 0.10
n = number of years as the case may be
Therefore, we have:
Future value formula = Present value * (1 + r)^n ………………… (1)
Present value formula = Future value / (1 + r)^n
1. Value in One Year = Future value in one year = $1,000 * (1 + 0.10)^1 = $1,100
2. Value in Two Year = Future value in two years = $1,000 * (1 + 0.10)^2 = $1,210
3. Present value of Value in One Year = $1,000 / (1 + 0.10)^1 = $909.09
4. Present value of Value in Two Years = $1,000 / (1 + 0.10)^2 = $826.45
Based on the abov, the present value of the gift is 5) SMALLER if you get engaged in two years than it is if you get engaged in one year.
The manager believes that an employee should be able to wrap a present within 30 minutes. The employee wraps 1 present every 25 minutes. What is the employee's efficiency?
Answer: 140%
Explanation:
Efficiency refers to how productive a person is in regards to how production they should be.
Formula is:
= Standard time / Actual time * 100%
= 35/25 * 100%
= 140%
Ernest invents a novel, useful, nonobvious product. He:____.
a. must apply for a patent within one year of selling the product commercially.
b. may receive patent protection for two years by filing a simpler, shorter, cheaper provisional patent application while he is working on his complex, regular patent application.
c. is entitled to a patent over someone else who invents the same product if he is the first to invent it.
d. may sell his product for up to five years to see how well it sells before going through the complex process of filing a patent application with the PTO Office.
Answer:
a. must apply for a patent within one year of selling the product commercially.
Explanation:
As the product is the novel and also useful at the same time so he himself wants to try for the commercial purpose for reaping the benefits and the same should be used for a patent within one year for selling the product commercially manner
So as per the given situation, the option a is correct
And, the rest of the options seems incorrect
Maybepay Life Insurance Co. is selling a perpetual contract that pays $3,894/year. The contract currently sells for $141,042. What is the rate of return on this investment? Enter answer as 4 decimals (e.g. 0.1234).
Answer:
2.76%
Explanation:
Let x be the yearly return
Sales price = $3,894 / x
$141,042 = $3,894 / x
x = $3,894 / $141,042
x = 0.0276088
x = 2.76%
So, the rate of return on this investment is 2.76%.
The chart shows the lowest price of the Microsoft stock over the last year and the highest price. If you had purchased the stock at the low point and sold it as the high point, what percent increase (to the nearest whole percent) in the price of the stock would you have experienced
Answer:
The percent increase (to the nearest whole percent) in the price of the stock you would have experienced is 34%.
Explanation:
Note: This question is not complete as the Chart is not included. To complete the question, the chart is therefore provided before answering the question. See the attached image for the chart.
The explanation of the answer is now provided as follows:
From the chart, we can identify the following:
52 week range 55.61 - 74.42
The above implies that:
The low point = 55.61
The high point = 74.42
Therefore, we have:
Percent increase in the price of the stock = ((The high point - The low point) / The low point) * 100 = ((74.42 - 55.61) / 55.61) * 100 = 34%
Therefore, the percent increase (to the nearest whole percent) in the price of the stock you would have experienced is 34%.
Explain the solution evolved by their CIO, Mr V.Subramanium
Answer:
Hi lodi e
Explanation:
Nanay nyo Red Tatay Mo blue
Gago✓✓
The eurozone is the countries that use the euro as their common currency. made up of the communist countries in eastern Europe. another name for Scandinavia. the only countries in Europe that engage in free trade with the United States.
Answer:
The Eurozone is
the countries that use the euro as their common currency.
Explanation:
The Eurozone is made up of the European Union (EU) countries that use the euro as their currency. It is a subset of the European Union. This implies that not all the EU member countries have adopted the use of the euro as their common currency. For example, before Brexit, Britain continued to use her pounds sterling instead of the euro. This shows that Britain was not then a part of the Eurozone, unlike other countries that have fully adopted the euro as their common currency.
On December 31, 2020, Wayne, Inc. sold $4,000,000 (face value) of bonds. The bonds are dated December 30, 2020, pay interest annually on December 31, and will mature on December 31, 2023. The following schedule was prepared by the accountant for 2021.
Annual Interest to Interest Bond
Interest Period be Paid Expense Amortization Carrying Value
$3,900,000
1 $320,000 $351,000 $31,000 3,931,000
Instructions
On the basis of the above information, answer the following questions. (Round your answer to the nearest dollar or percent.)
1. What is the stated interest rate for this bond issue?
2. What is the market interest rate for this bond issue?
3. What was the selling price of the bonds as a percentage of the face value?
4. Prepare the journal entry to record the sale of the bond issue on December 31, 2020.
5. Prepare the journal entry to record the payment of interest and amortization on December 31, 2021.
Answer:
Wayne, Inc.
1. The stated interest rate for this bond issue is:
= 8%.
2. The market interest rate for this bond issue is:
= 9%.
3. The selling price of the bonds as a percentage of the face value is 97.5% ($3,900,000/$4,000,000 * 100)
4. Journal Entry to record the sale of the bond issue on December 31, 2020:
December 31, 2020:
Debit Cash $3,900,000
Debit Bonds Discounts $100,000
Credit Bonds Payable $4,000,000
To record the bonds proceeds, discounts, and liability.
5. December 31, 2021:
Debit Bonds Interest Expense $351,000
Credit Bonds Amortization $31,000
Credit Cash $320,000
To record the first payment of interest and amortization.
Explanation:
a) Data and Calculations:
Face value of bonds = $4,000,000
Bonds price = $3,900,000
Discount = $100,000
December 31, 2021:
Interest expense = $351,000
Market interest rate = $351,000/$3,900,000 * 100 = 9%
Cash payment = $320,000
Coupon interest rate = $320,000/$4,000,000 * 100 = 8%
Consider Kellogg's production and price choices in the breakfast cereal industry when it is characterized by the price-leadership model. Under this theory of oligopoly, all firms other than the dominant firm act as ____________ . Therefore, the horizontal sum of their _____________ curve.
Answer:
Price takers
marginal cost curve equal their supply curve
Explanation:
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
price setting firms
product differentiation
profit maximisation
high barriers to entry or exit of firms
downward sloping demand curve
The firm that sets the market price in an oligopoly is known as the price setter while the firms that accepts the price set are known as the price takers