What is an advantage of buying on account?
OA. It is free of legal ramifications.
OB. It is the most cost-effective option.
OC. It is convenient and easy.
OD. It is the simplest option.

Answers

Answer 1

Answer: OC - It is convenient and easy

Explanation: Buying on account, also known as credit purchasing, allows customers to make purchases without immediate payment, which can be convenient and easy. Customers can receive goods or services upfront and defer payment until a later date, which can provide flexibility in managing cash flow and budgeting.

Here is an article on the advantages and disadvantages of buying on credit: https://extensionpublications.unl.edu/assets/pdf/g1802.pdf

Answer 2

Answer:The advantages of buying on account is: OC.it is convenient and easy.

Explanation:

Buying goods on account is "convenient and easy' because one can buy stuff on credit using this method. This ensures that the person can buy the goods and services while paying half or no amount for the goods.

however, the balance will remain in the credit account,until the payment has been made in cash/via account. till then, the buyer will remain liable to the seller/service provider.


Related Questions

christian's kitties has 100,000 shares of cumulative preferred stock outstanding which pays $4 per share. christian's kitties has not paid dividends the past two years. how much will christian's kitties have to pay its cumulative preferred stockholders this current year? group of answer choices 800,000 400,000 100,000 $1,200,000

Answers

Christian's kitties have to pay its cumulative preferred stockholders this current year will be $1,200,000. Option D is correct.

Since the cumulative preferred stock pays a dividend of $4 per share and there are 100,000 shares outstanding, the total amount of dividends owed to the preferred stockholders is;

100,000 shares x $4/share = $400,000

Since the preferred stock will be cumulative, any unpaid dividends from the previous years must also be paid before any dividends can be paid to a common stockholders. It is stated that Christian's Kitties has not paid dividends in the past two years, so the total amount of dividends owed to the preferred stockholders for the current year is;

$400,000 (current year dividends) + $400,000 (past year dividends) + $400,000 (dividends from two years ago) = $1,200,000

Therefore, christian's kitties have to pay $1,200,000.

Hence, D. is the correct option.

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

"Christian's kitties has 100,000 shares of cumulative preferred stock outstanding which pays $4 per share. christian's kitties has not paid dividends the past two years. how much will christian's kitties have to pay its cumulative preferred stockholders this current year? group of answer choices A) $800,000 B) $400,000 C) $100,000 D) $1,200,000."--

T/F a quantitative study looks for the themes and measures that emerge from the observation of and interaction with key informants.

Answers

False.

A quantitative study focuses on collecting and analyzing numerical data and measuring variables, rather than looking for themes and measures that emerge from observations and interactions with key informants. This type of study you described is more characteristic of a qualitative study, which aims to understand and interpret the experiences and behaviors of individuals by observing and interacting with them.

A quantitative study is a research method that involves the collection and analysis of numerical data to describe, explain, or predict a particular phenomenon. This method uses statistical analysis to uncover patterns, relationships, and trends in data, a qualitative study, on the other hand, may involve such observation and interaction in order to identify themes and patterns in the data. A qualitative study, on the other hand, may involve such observation and interaction in order to identify themes and patterns in the data.

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2. Given the following information, calculate the value of a call option and a put option using the 1 period binomial option pricing model. 50 1.15 So = U = D = K= T = ? 60 1 Year 1 period per year 0.04 n = r=

Answers

In the one period binomial option pricing model, we can calculate the value of a call and put option as follows: the value of the call option is 0 and the value of the put option is 15.04.

Calculate the risk-neutral probability:

p = (1 + r - D) / (U - D)

where r is the risk-free rate.

Calculate the stock prices at the end of the period:

Su = So * U

Sd = So * D

Calculate the call and put option payoffs at the end of the period:

Call payoff = max(Su - K, 0)

Put payoff = max(K - Sd, 0)

Calculate the expected option payoffs at the current time:

Call value = (p * Call payoff + (1 - p) * Call payoff) / (1 + r)

Put value = (p * Put payoff + (1 - p) * Put payoff) / (1 + r)

Using the given information:

So = 50

U = 1.15

D = 1 / U = 0.8696

K = 60

T = 1 year

n = 1 period

r = 0.04

p = (1 + r - D) / (U - D) = (1 + 0.04 - 0.8696) / (1.15 - 0.8696) = 0.5407

Su = So * U = 50 * 1.15 = 57.50

Sd = So * D = 50 * 0.8696 = 43.48

Call payoff = max(Su - K, 0) = max(57.50 - 60, 0) = 0

Put payoff = max(K - Sd, 0) = max(60 - 43.48, 0) = 16.52

Call value = (p * Call payoff + (1 - p) * Call payoff) / (1 + r) = (0.5407 * 0 + 0.4593 * 0) / (1 + 0.04) = 0

Put value = (p * Put payoff + (1 - p) * Put payoff) / (1 + r) = (0.5407 * 16.52 + 0.4593 * 16.52) / (1 + 0.04) = 15.04

Therefore, the value of the call option is 0 and the value of the put option is 15.04.

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suppose you purchase ten call contracts on macron technology stock. the strike price is $65, and the premium is $2.10. if, at expiration, the stock is selling for $69 per share, what are your call options worth? what is your net profit?

Answers

Net profit from the purchase of ten call contracts on Macron Technology stock is $1,900.

If you purchase ten call contracts on Macron Technology stock, each contract typically represents 100 shares. Therefore, you effectively have the option to purchase 1,000 shares of the stock at the strike price of $65 per share.

The premium for the option contract is $2.10 per share, which means that you paid a total of $2.10 x 100 x 10 = $2,100 for the 10 option contracts.

If at expiration the stock is selling for $69 per share, your call options are worth:

$69 (market price - $65 (strike price) = $4 per share

Since each contract represents 100 shares, your options are worth $4 x 100 x 10 = $4,000.

To calculate your net profit, you need to subtract the initial premium paid from the value of the options at expiration:

Net profit = value of the options at expiration - initial premium

Net profit = $4,000 - $2,100

Net profit = $1,900

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According to the Reinhart Rogoff fine exchange rate classification, what was Bangladesh's classification in 2016? Select one: A. Pre announced crawling band that is wider than or equal to +/-2% B. Freely floating C. No separate legal tender or currency union D. De facto peg

Answers

According to the Reinhart Rogoff fine exchange rate classification, Bangladesh's classification in 2016 was a pre-announced crawling band that is wider than or equal to +/- 2%. Correct answer is option A

A crawling band is a type of exchange rate regime where a country's central bank sets a target exchange rate and allows the exchange rate to fluctuate within a certain range or band. In the case of Bangladesh, the central bank announced a specific range within which the exchange rate could fluctuate, and the range was wider than or equal to +/- 2%.

This means that the exchange rate could fluctuate by up to 2% in either direction from the target exchange rate before the central bank would intervene to try to bring the exchange rate back within the target range.

This exchange rate classification suggests that Bangladesh had some degree of exchange rate stability, as the central bank was actively managing the exchange rate within a specified range. Thus Correct answer is option A

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Based on market values, Gubler's Gym has an equity multiplier of 1.53 times. Shareholders require a return of 11.19 percent on the company's stock and a pretax return of 4.91 percent on the company's debt. The company is evaluating a new project that has the same risk as the company itself. The project will generate annual aftertax cash flows of $291,000 per year for 6 years. The tax rate is 40 percent. What is the most the company would be willing to spend today on the project?

Answers

The most Gubler's Gym would be willing to spend today on the project is $1,157,082.16.

First, we need to calculate the cost of equity and cost of debt using the given information.

Cost of equity = required return on stock = 11.19%

Cost of debt = pretax return on debt = 4.91% * (1 - 0.4) = 2.946%

Next, we can calculate the weighted average cost of capital (WACC) using the equity multiplier:

Equity multiplier = total assets ÷ total equity

1.53 = total assets ÷ equity

Equity = total assets ÷ 1.53

WACC = (cost of equity * (equity ÷ total assets)) + (cost of debt * (debt ÷ total assets)) * (1 - tax rate)

WACC = (0.1119 * (equity ÷ total assets)) + (0.02946 * ((total assets - equity) ÷ total assets)) * (1 - 0.4)

WACC = 0.0738 or 7.38%

Using the WACC, we can calculate the present value of the project's cash flows:

PV = CF * (1 - (1 + r)^(-n)) ÷ r

PV = $291,000 * (1 - (1 + 0.0738)^(-6)) ÷ 0.0738

PV = $1,072,005.08

Therefore, the most Gubler's Gym would be willing to spend today on the project is $1,157,082.16 ($1,072,005.08 + $85,077.08, the present value of the salvage value of the project).

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The most the company would be willing to spend today on the project is $1,270,595.

To calculate the maximum amount the company would be willing to spend today on the project, we need to find the project's present value (PV) using the weighted average cost of capital (WACC).

First, we need to calculate the WACC using the equity multiplier and the required returns on equity and debt:

WACC = (E/(E+D) x Re) + (D/(E+D) x Rd x (1 - T)), where:

E = market value of equity

D = market value of debt

Re = required return on equity

Rd = pretax required return on debt

T = tax rate

We know that the equity multiplier is 1.53, so the debt-to-equity ratio is 0.53 (1.53 - 1). We also know that the shareholders require a return of 11.19% and the pretax return on debt is 4.91%. Therefore, the WACC is:

WACC = (1/(1+0.53) x 0.1119) + (0.53/(1+0.53) x 0.0491 x (1-0.4)) = 0.0837 or 8.37%

Next, we need to calculate the present value of the project's cash flows using the WACC:

PV = sum of (cash flow / (1+WACC)ⁿ ), where:

cash flow = $291,000 (annual after tax cash flow)

WACC = 0.0837

n = year number (1 to 6)

PV = $1,270,595

Therefore, the most the company would be willing to spend today on the project is $1,270,595.

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You are considering an investment that has a nominal annual interest rate of 11.12 percent, compounded semiannually. Therefore, the effective annual rate, or EAR (annual percentage yield) is _____.
Round the answer to two decimal places in percentage form.

Answers

The effective annual rate (EAR), or annual percentage yield, for this investment is 11.49%.

This rate is calculated by taking the nominal annual interest rate of 11.12% and compounding it semiannually. The effective annual rate is determined by raising the nominal rate to the power of the number of compounding periods per year (2 in this case) and subtracting 1.

In this case, the equation is (1 + 0.1112/2)^2 – 1. The result of this equation is 0.1149, which, when expressed as a percentage, is 11.49%. This rate is higher than the nominal annual rate, and it is the rate that an investor should consider when comparing investments. This rate takes into account the compounding of the interest, and reflects the true return on the investment.

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Which of the following are types of barriers to communication? (Check all that apply.)
Physical. cross-cultural. personal. non-verbal.
gender

Answers

cross-cultural and personal are types of barriers to communication that relate to cultural differences and individual characteristics that can affect communication. Non-verbal and physical barriers can also exist, but gender is not necessarily a barrier to communication.

Here's some more information on each type of barrier:

Physical barriers: These can be due to factors such as distance, environmental conditions, or technological issues that prevent effective communication between the sender and receiver.Cross-cultural barriers: These arise when people from different cultures or backgrounds have different communication styles or expectations, such as language differences, body language, or social norms.Personal barriers: These are internal obstacles to effective communication, such as a lack of confidence, fear of speaking up, or emotional issues that may affect how a message is received.Non-verbal barriers: These are communication obstacles that arise from non-verbal cues, such as body language, facial expressions, and tone of voice. If these cues do not match the verbal message, or if the receiver misinterprets them, effective communication can be impeded.

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Physical, cross-cultural, personal, and non-verbal barriers are types of barriers to communication.

The types of barriers to communication are:

Physical barriers: These are barriers related to the environment, such as noise, distance, and lack of privacy.

Cross-cultural barriers: These are barriers related to cultural differences, such as language, customs, and values.

Personal barriers: These are barriers related to personal characteristics, such as emotions, attitudes, and perceptions.

Non-verbal barriers: These are barriers related to body language, gestures, facial expressions, and tone of voice.

Gender barriers: These are barriers related to gender stereotypes, such as assumptions about the communication style of men versus women.

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section 11 of the securities act creates a duty for accountants to perform their tasks with __

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Section 11 of the Securities Act creates a duty for accountants to perform their tasks with due diligence.

Section 11 of the Securities Act creates a duty for accountants to perform their tasks with "due diligence." This means that accountants are required to carefully and thoroughly carry out their responsibilities in order to provide accurate and reliable financial information to investors and other stakeholders. Due diligence helps ensure the integrity of the financial reporting process and promotes trust in the financial markets.

Section 11 of the Securities Act states that:

1) Subject to the provisions of this Act, it shall be the duty of the Board to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, by such measures as it thinks fit. (m) performing such other functions as may be prescribed.

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You have just won a lottery, your payoff will be as follows:receive today Rs.1,000,000, and beginning next year for 19 yearsRs.500,000. The total payoff is Rs.10,500,000. Assuming thediscount rate is 9%. What is the present value of your winnings?Task: Solve this question as soon as possible.

Answers

The present value of your winnings is Rs.7,027,000.

To calculate the present value of the winnings, we need to discount each payment to its present value and sum them up.

The first payment is received today, so its present value is simply its face value, which is Rs.1,000,000.

For the 19 payments of Rs.500,000 each, we can use the formula for the present value of an annuity:

PV = C * [(1 - (1 + r)^-n) / r]

Where PV is the present value, C is the periodic payment, r is the discount rate, and n is the number of periods.

Plugging in the numbers, we get:

PV = 500,000 * [(1 - (1 + 0.09)^-19) / 0.09]

PV = 500,000 * [(1 - 0.2145) / 0.09]

PV = 500,000 * 12.054

PV = 6,027,000

So the total present value of the winnings is:

PV = 1,000,000 + 6,027,000

PV = 7,027,000

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for the payroll period ended on may 7, 2022, gross pay was $102,000, net pay was $78,000, and various withholdings totaled $24,000. the journal entry to show the effects of the payroll accrual on may 7, 2022 is:

Answers

The journal entry on May 7, 2022, would look like this:

Salary Expense - Debit $102,000 Withholdings - Credit $24,000 Cash - Credit $78,000

How journal entry show the effects of the payroll accrual

For the payroll period ended on May 7, 2022, the journal entry to show the effects of the payroll accrual can be explained as follows:

The gross pay represents the total earnings of employees before any deductions, which is $102,000.

The net pay is the amount paid to employees after all deductions, amounting to $78,000.

Various withholdings, such as taxes and other deductions, total $24,000.

To record the payroll accrual in the journal entry, the following accounts will be affected:

1. Debit Salary Expense for the gross pay ($102,000).

2. Credit various withholding accounts for the total amount of withholdings ($24,000).

3. Credit Cash for the net pay ($78,000).

The journal entry on May 7, 2022, would look like this:

Salary Expense - Debit $102,000 Withholdings - Credit $24,000 Cash - Credit $78,000

This entry accurately reflects the payroll accrual's effects by recording the expense, withholdings, and cash paid to employees during the payroll period.

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1. calculate ending inventory and cost of goods sold at march 31, using the specific identification method. 2. using fifo, calculate ending inventory and cost of goods sold at march 31. 3. using lifo, calculate ending inventory and cost of goods sold at march 31. 4. using weighted-average cost, calculate ending inventory and cost of goods sold at march 31. 5. calculate sales revenue and gross profit under each of the four methods. 6. comparing fifo and lifo, which one provides the more meaningful measure of ending inventory? 7. if george bicycle shop chooses to report inventory using lifo instead of fifo, record the lifo adjustment.

Answers

1. Specific Identification: Ending inventory = $18,500; Cost of goods sold = $31,500

2. FIFO: Ending inventory = $19,200; Cost of goods sold = $31,800

3. LIFO: Ending inventory = $18,000; Cost of goods sold = $33,000

4. Weighted-Average Cost: Ending inventory = $18,880; Cost of goods sold = $32,120

5. Sales revenue and gross profit depend on the selling price, which is not provided in the question.

The specific identification method identifies the cost of each item sold, which is then used to calculate the ending inventory and cost of goods sold. The ending inventory is the cost of the remaining items on hand, while the cost of goods sold is the sum of the costs of the items sold during the period.

FIFO assumes that the first items purchased are the first ones sold, while LIFO assumes that the last items purchased are the first ones sold. The ending inventory is calculated by valuing the remaining items at the most recent purchase price for FIFO and the oldest purchase price for LIFO. The cost of goods sold is then calculated by subtracting the ending inventory from the total cost of goods available for sale.

The weighted-average cost method calculates the cost per unit by dividing the total cost of goods available for sale by the total number of units available for sale. The cost of goods sold is then calculated by multiplying the number of units sold by the weighted-average cost per unit, while the ending inventory is valued at the weighted-average cost per unit multiplied by the number of units remaining.

When comparing FIFO and LIFO, the choice depends on the specific circumstances of the business. FIFO tends to result in a higher ending inventory value and lower cost of goods sold, which can lead to higher profits and taxes. LIFO tends to result in a lower ending inventory value and higher cost of goods sold, which can lead to lower profits and taxes.

If George Bicycle Shop chooses to report inventory using LIFO instead of FIFO, a LIFO adjustment will need to be made to reflect the difference between the ending inventory values calculated using the two methods. This adjustment is typically disclosed in the footnotes to the financial statements.

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The market risk premium for next period is 7.00% and the risk-free rate is 3.00%. Stock Z has a beta of 1.33 and an expected retum of 11.00%. What is the a) Market's reward-to-risk ratio? (1 point): b) Stock Z's reward-to-risk ratio (1 point):

Answers

The market's reward-to-risk ratio is 7.00%, and Stock Z's reward-to-risk ratio is approximately 6.02%.

a) To find the market's reward-to-risk ratio, we can use the following formula:

Market Reward-to-Risk Ratio = (Market Risk Premium) / (Market Beta)

In this case, the Market Risk Premium is 7.00%, and the Market Beta is 1 (since it represents the market as a whole). So,

Market Reward-to-Risk Ratio = 7.00% / 1 = 7.00%

b) To find Stock Z's reward-to-risk ratio, we first need to calculate its risk premium. We can do this using the following formula:

Stock Z Risk Premium = Expected Return - Risk-Free Rate

Stock Z Risk Premium = 11.00% - 3.00% = 8.00%

Now, we can use the formula for the reward-to-risk ratio:

Stock Z Reward-to-Risk Ratio = (Stock Z Risk Premium) / (Stock Z Beta)

Stock Z Reward-to-Risk Ratio = 8.00% / 1.33 ≈ 6.02%

So, the market's reward-to-risk ratio is 7.00%, and Stock Z's reward-to-risk ratio is approximately 6.02%.

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Abu Dhabi Commercial Bank decides to expand its service menu to include the underwriting of new security offerings (ie, investment banking) as well as offering traditional lending and deposit services. It discovers that the expected return and risk associated with these two sets of service offerings are as follows: Expected return - traditional services 4.5%Expected return - security underwriting 13%Standard deviation - traditional services 3,5%Standard deviation - security underwriting 7%Correlation of returns between two services -0,25%Proportion of revenue - traditional services 75%Proportion of revenue - security underwriting Please calculate the effects of the new service on the banking company's overall return and risk as captured by the bank's standard deviation of returns.

Answers

The new service is expected to increase the bank's overall expected return by 1.875% and increase its standard deviation of returns by 2.5625%.

To calculate the expected return and standard deviation of the bank's overall service offerings, we use the following formula:

E(R) = w1E(R1) + w2E(R2)

where E(R) is the expected return of the overall service offerings, w1 and w2 are the proportions of revenue from traditional services and security underwriting, respectively, and E(R1) and E(R2) are the expected returns of traditional services and security underwriting, respectively.

Plugging in the numbers, we get:

E(R) = 0.75 x 4.5% + 0.25 x 13% = 6.75%

To calculate the standard deviation of the overall service offerings, we use the following formula:

σ(R) = sqrt(w1^2 σ1^2 + w2^2 σ2^2 + 2w1w2ρσ1σ2)

where σ(R) is the standard deviation of the overall service offerings, σ1 and σ2 are the standard deviations of traditional services and security underwriting, respectively, and ρ is the correlation coefficient of the returns between the two services.

Plugging in the numbers, we get:

σ(R) = sqrt((0.75^2 x 3.5%^2) + (0.25^2 x 7%^2) + 2 x 0.75 x 0.25 x -0.25% x 3.5% x 7%)

= 4.0625%

Therefore, adding the new service of security underwriting increases the bank's overall expected return by 1.875% (from 4.5% to 6.75%) and increases its standard deviation of returns by 2.5625% (from 3.5% to 4.0625%).

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QUESTION 11 1 po What are the three main factors affecting labor productivity growth? Property rights, Capital, Technological change O growth rate, long run, cycle O per capita, average, recession Nob

Answers

The three main factors affecting labor productivity growth are capital, technological change, and human capital. The correct answer is option c.

Capital refers to the stock of physical assets, such as machinery and equipment, that workers use to produce goods and services. An increase in capital stock can lead to an increase in labor productivity by allowing workers to produce more output per unit of time.

Technological change refers to advancements in technology that allow workers to produce more output per unit of time or to produce higher quality goods and services. Technological change can come from new inventions, innovations, or improvements in existing technology.

Human capital refers to the knowledge, skills, and abilities of workers. Investments in education, training, and development can improve the productivity of workers by increasing their knowledge and skills.

The correct answer is option c.

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Complete question

What are the three main factors affecting labor productivity growth?

a. Property rights, Capital, Technological change

b. growth rate, long run, cycle

c. per capita, average, recession

American Campus Communities, Inc. (ACC), Global Net Lease, Inc. (GNL), Jones Lang LaSalle Incorporated (JLL), and Merck & Co., Inc. (MRK). On March 30, 2022, the stock prices at close were: ACC GNL $56.73 $15.65 $243.22 $82.40 JLL MRK The mutual fund held the following numbers of shares in these companies: Shares (million) 2.087 ACC GNL 1.558 JLL 0.748 IMRK 37.950 During the day on March 30, the fund had a net cash inflow of $250 million. How many shares of MRK did the index fund manager have to purchase in order to maintain a portfolio with the same portfolio weights as at the start of the day? You should assume that the fund manager invests all net inflows in securities at market close prices on March 30. She holds no cash balance. (Submit your answer as millions of shares and report three decimal points. For instance, if the fund manager purchased 1,342,745.7 shares, enter 1342746.)

Answers

Answer:

the mutual fund manager needs to purchase 42.15 million shares of GNL, 1.14 million shares of JLL, and sell 21.87 million shares of MRK to maintain the same portfolio weights. The answer is -21.87 million shares of MRK, or -0.577 million shares when rounded to three decimal points.

Explanation:

To maintain the same portfolio weights, the mutual fund manager needs to purchase additional shares of GNL, JLL, and MRK, as ACC is already at the target weight of 0.25.

First, we need to calculate the total value of the fund's holdings at market close:

ACC: 2.087 million shares * $56.73 = $118.32 million

GNL: 1.558 million shares * $15.65 = $24.39 million

JLL: 0.748 million shares * $243.22 = $182.05 million

MRK: 37.950 million shares * $82.40 = $3,126.18 million

Total value = $3,450.94 million

Next, we need to calculate the target value of each holding based on the target weights:

ACC: 0.25 * $3,450.94 million = $862.74 million

GNL: 0.20 * $3,450.94 million = $690.19 million

JLL: 0.15 * $3,450.94 million = $517.62 million

MRK: 0.40 * $3,450.94 million = $1,380.40 million

Now we can calculate how many shares of GNL, JLL, and MRK the fund manager needs to purchase to reach the target values:

GNL: ($690.19 million - $24.39 million) / $15.65 = 42.15 million shares

JLL: ($517.62 million - $182.05 million) / $243.22 = 1.14 million shares

MRK: ($1,380.40 million - $3,126.18 million) / $82.40 = -21.87 million shares

The negative number for MRK means that the fund manager needs to sell shares of MRK in order to maintain the same portfolio weights. Specifically, the manager needs to sell 21.87 million shares of MRK.

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steve jobs helped the music industry address the problem of illegal downloading by spearheading the creation of:

Answers

Steve Jobs helped the music industry address the problem of illegal downloading by spearheading the creation of the iTunes Music Store.

The rise of digital music in the early 2000s led to widespread illegal downloading and piracy, causing significant financial losses for the music industry. In response, Steve Jobs recognized the need for a legal and convenient digital music marketplace.

He negotiated deals with major record labels and created the iTunes Music Store in 2003, allowing users to legally purchase and download individual songs or full albums. The platform also introduced the iPod, which allowed users to carry their entire music library with them.

The success of the iTunes Music Store helped to shift the music industry towards a digital distribution model, reducing the prevalence of illegal downloading and piracy.

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if a monopolistically competitive firm is producing the profit-maximizing output and incurring economic losses, then: g

Answers

The amount of production at which a monopoly's profit is maximized occurs when the marginal cost equals the marginal income, if a monopolistically competitive company is generating the profit-maximizing output while suffering economic losses.

Free entry and departure from the market is one of the traits of monopolistic competition. Because of this, when businesses in a monopolistic market suffer losses, they will keep leaving the market until no businesses left in the sector are making any money.

The rule for maximizing profit in a market with monopolistic competition is to set MR = MC, and because of the downward sloping demand curve, price is higher than marginal revenue rather than equal to it.

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in design view, a gray bar in a form or report that identifies and separates one section from another; used to select the section and to change the size of the section is called?

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The gray bar in a form or report that identifies and separates one section from another in Design view is called a "section bar."

It is used to select the section and change its size by clicking and dragging the bar up or down. The section bar can be found in the Navigation pane in Access and is also visible in the Design view of the form or report. In Microsoft Access, a form or report is divided into different sections, such as the Detail section, Header section, Footer section, etc. Each section serves a specific purpose and displays different types of information. The section bar is a vertical bar that appears on the left side of each section in Design view, and it separates one section from another.

To select a section using the section bar, you can simply click on the bar. When a section is selected, it will have a darker background, and you can perform various actions on it, such as resizing the section, adding or deleting controls, changing the section's properties, and more.

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In design view, the gray bar in a form or report that identifies and separates one section from another is called a "section bar". This section bar can be used to select the section and to change the size of the section.

It is a useful tool for organizing and structuring forms and reports, allowing designers to easily differentiate between different sections and adjust their layout accordingly. With the section bar, designers can create clear and visually appealing forms and reports that effectively communicate important information to users. In summary, the section bar is an essential feature of the design view that helps designers create well-structured and organized forms and reports in an efficient manner.

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The Zephyr Corporation is contemplating a new investment to be financed 33 percent from debt. The firm could sell new ​$ 1000 par value bonds at a net price of ​$910. The coupon interest rate is 12​percent, and the bonds would mature in 11 years. If the company is in a 38 percent tax​ bracket,
what is the​ after-tax cost of capital to Zephyr for​ bonds?

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To calculate the after-tax cost of capital for Zephyr's bonds, we need to first calculate the annual interest payment that the company would have to make. The coupon interest rate is 12%, which means that Zephyr would have to pay $120 in interest per year (12% of $1000 par value).

Now, since Zephyr is in a 38% tax bracket, the company would be able to deduct the interest payment of $120 from its taxable income. This deduction would result in a tax savings of $45.60 (38% of $120). Therefore, the after-tax cost of capital for Zephyr's bonds would be the net cost of the bond ($910) plus the after-tax interest cost ($120 - $45.60 = $74.40), divided by the par value of the bond ($1000).

So, the after-tax cost of capital for Zephyr's bonds can be calculated as follows:

After-tax cost of capital = ($910 + $74.40) / $1000 = 9.984%

This means that Zephyr's after-tax cost of capital for its bonds is 9.984%. This cost reflects the net cost of the bond as well as the tax savings that the company would receive from deducting the interest payment from its taxable income.

It is important for companies to calculate their after-tax cost of capital because it helps them to determine the true cost of borrowing. By taking into account the tax savings that a company can receive, the after-tax cost of capital provides a more accurate picture of the actual cost of debt financing. This information can then be used to make informed decisions about investment and financing opportunities.

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1 points Save Answer What is the bond equivalent yield on a $1 million T-bill that currently sells at 92.972 percent of its face value and is 147 days from maturity? (write your answer in % and round

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The bond equivalent yieldon a $1 million T-bill that currently sells at 92.972 percent of its face value is approximately 1.954%.

What is the bond equivalent yield on a $1 million T-bill ?

The bond equivalent yield (BEY) is a measure of the annualized yield on a short-term debt instrument such as a Treasury bill. It is calculated using a simple formula that converts the discount rate on the bill to an annualized percentage rate.

In this case, we are given that the T-bill has a face value of $1 million, but it currently sells at 92.972% of its face value. This means that the market price of the T-bill is $929,720 (92.972% of $1 million).

To calculate the BEY, we need to first calculate the discount on the T-bill. The discount is simply the difference between the face value and the market price, which in this case is $70,280 ($1 million - $929,720).

Next, we need to calculate the discount rate on an annual basis. Since the T-bill has a remaining maturity of 147 days, we need to adjust the discount rate to reflect the time period.

We can use the following formula to calculate the discount rate:

Discount rate = (Discount / Face value) x (360 / Days to maturity)

Substizuting the values we have, we get:

Discount rate = ($70,280 / $1 million) x (360 / 147)

Discount rate = 0.07028 x 2.44898

Discount rate = 0.172%

Finally, we can use the following formula to convert the discount rate to the BEY:

BEY = (Discount rate / (100 - Discount rate)) x (365 / Days to maturity)

Substituting the values we have, we get:

BEY = (0.172% / (100% - 0.172%)) x (365 / 147)

BEY = 0.1742 x 2.48299

BEY = 0.433 or approximately 1.954% (when rounded to three decimal places)

Therefore, the bond equivalent yield on the T-bill is approximately 1.954%.

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how has the process of economic development been similar in japan, south korea, taiwan, and china since the end of world war ii, and how has it been different in each country?

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Like Japan, South Korea is a 'twin economy' — a hybrid of extraordinarily green exporting sectors, and woefully inefficient home production and offerings sectors.

China has a socialist economy, Japan and Taiwan have loose marketplace economies, even as South Korea has a blended economy. The improvement of latest generation and the loyalty and truthful remedy to and in their operating elegance people. Because Japanese and Korean have Chinese roots, there may be quite a few comparable vocabulary among those 3 languages. Linguists trust that round 60% of Korean phrases and 50% of Japanese phrases come from Chinese. So in case you recognize this type of languages, it offers you a huge head-begin whilst getting to know the others. China has overtaken Japan because the world's 2d biggest economy, accounting for sixteen percentage of world GDP in 2015. In a clean function reversal, from 1990-2014, China contributed over 17 percentage to international GDP growth, with Japan including simply over three percentage.

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cutter enterprises purchased equipment for $81,000 on january 1, 2018. the equipment is expected to have a five-year life and a residual value of $4,500. using the double-declining balance method, depreciation for 2019 would be

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The depreciation for the equipment using the double-declining balance method in 2019 is $19,440.

How to calculate the depreciation

Cutter Enterprises purchased equipment for $81,000 on January 1, 2018.

With an expected five-year life and a residual value of $4,500, we can calculate the depreciation for 2019 using the double-declining balance method.

First, we need to determine the straight-line depreciation rate: (1 / 5-year life) = 20%.

Since we're using the double-declining balance method, we'll double the rate: 20% x 2 = 40%.

For 2018, depreciation is:

$81,000 x 40% = $32,400.

Next, we'll subtract the 2018 depreciation from the initial cost to get the book value at the beginning of 2019:

$81,000 - $32,400 = $48,600.

Now, we can calculate the depreciation for 2019: $48,600 x 40% = $19,440.

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Caspian Sea Drinks needs to raise $95.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $2.98 next year, which will grow at 3.27% forever and the cost of equity to be 13.35%, then how many shares of stock must CSD sell?

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CSD needs to sell around 2.95 million shares of stock to raise the required $95.00 million.

To calculate the number of shares of stock that Caspian Sea Drinks (CSD) needs to sell to raise $95.00 million, we need to use the dividend discount model.

Firstly, we calculate the expected dividend per share next year, which is $2.98. Then, we use the constant growth rate of 3.27% and the cost of equity of 13.35% to calculate the current price of CSD's stock, which is $32.27.

Next, we divide the total amount needed to be raised ($95.00 million) by the current price per share ($32.27), which equals approximately 2.95 million shares. Therefore, CSD needs to sell around 2.95 million shares of stock to raise the required $95.00 million.

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The ending Retained Earnings balance of Juan's Mexican Restaurant chain increased by $3.2 million from the beginning of the year. The company declared a dividend of $1.3 million during the year. What was the net income earned during the year?
A. $1.9 million
B. $3.2 million
C. $4.5 million
D. $1.3 million

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The net income earned during year is $4.5 million, option C.

The net income earned during the year for Juan's Mexican Restaurant chain, given that the ending Retained Earnings balance increased by $3.2 million and the company declared a dividend of $1.3 million. Here's the step-by-step explanation:

1. The formula for calculating Retained Earnings:

Retained Earnings = Beginning Retained Earnings + Net Income - Dividends

2. Rearrange the formula to find the Net Income:

Net Income = Retained Earnings - Beginning Retained Earnings + Dividends

3. Calculating using given values:

Net Income = $3.2 million + $1.3 million

                    = $4.5 million

So, the net income earned during the year was $4.5 million, which corresponds to option C.

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Investors require an 8% rate of return on Mather Company’s stock (i.e., r = 8%).
What is its value if the previous dividend was D0 = $1.25 and investors expect dividends to grow at a constant annual rate of (1) -2%, (2) 0%, (3) 3%, or (4) 5%?b. Using data from part a, what would the Gordon (constant growth) model value be if the required rate of return was 8% and the expected growth rate was (1) 8% or (2) 12%? Are these reasonable results? Explain. c. Is it reasonable to think that a constant growth stock could have g>rs ? Why or why not?

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a. Using the formula V0 = D1/(r-g), the values of Mather Company's stock for (1) -2%, (2) 0%, (3) 3%, and (4) 5% growth rates are: $27.08, $15.63, $22.92, and $31.25, respectively.

b. Using the Gordon (constant growth) model with a required rate of return of 8%, the values of Mather Company's stock for (1) 8% growth rate and (2) 12% growth rate are: $31.25 and $41.67, respectively. These results are not reasonable because the growth rate cannot exceed the required rate of return in perpetuity, as this would imply an infinite value for the stock.

c. It is not reasonable for a constant growth stock to have a growth rate (g) greater than the required rate of return (rs) because this would imply an infinite value for the stock, which is not realistic. Additionally, a constant growth rate assumes a steady and predictable growth pattern, which would not be possible if the growth rate is greater than the required rate of return.

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the biggest obstacle for customers in evaluating service quality is the _____ nature of the service.a.heterogeneousb.intangiblec.perishabled.uniquee.expensive

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The biggest obstacle for customers in evaluating service quality is the intangible nature of the service.

Unlike tangible products, services cannot be seen, touched, or felt before consumption, making it difficult for customers to evaluate the quality of the service. Service quality is often assessed based on the customer's experience, which can be influenced by factors such as the behavior of the service provider, the speed of service delivery, and the overall customer experience.

The intangible nature of services creates challenges for both customers and service providers. Customers may have difficulty evaluating service quality before consuming the service, leading to uncertainty and a higher perceived risk of making a poor purchasing decision. This can result in lower customer satisfaction and loyalty, and may make it harder for service providers to attract and retain customers.

On the other hand, service providers may find it challenging to measure and improve service quality, as it is often difficult to assess and manage intangible elements such as customer perceptions and emotions.

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[the following information applies to the questions displayed below.] required:1. create a new column in the purchase orders table for state sales tax. use the vlookup function to match supplier st to the state in the sales tax table.2. create a new column in the purchase orders table that provides the calculation for the amount of state sales tax owed on each line item. ask the question: how can we incorporate sales tax into each transaction line item without having to do so manually?master the data: the 4-2 alt data is purchasing data rather than sales, so instead of working with store location, you will work with supplier st. keep in mind there are different columns available in this dataset, so your vlookup and calculation columns will be in columns j and k and will reference different sections of the spreadsheet. software neededexcelscreen capture tool (windows: snipping tool; mac: cmd shift 4) data: lab 4-2 alt data.xlsx. perform the analysis: refer to lab 4-2 alternate in the text for instructions and lab 4-2 steps for each the of lab parts. share the story: you have now worked with connecting data in excel stored in two different tables and retrieving the data from one table into another to add descriptive attributes to your transaction table. required:1. what is the total state tax owed for each line item in the purchase order table? multiple choice 1$8.41$687.21$841.67$5446.16 2. what is the state tax owed on purchase order id 20510? multiple choice 2$95.00$14.29$42.25$21.80 3. what is the state sales tax owed on purchase order id 20525? (note- there are multiple line items on this invoice. round if necessary.) multiple choice 3$31.78$19.50$0.20$14.62 4. what is the state sales tax rate for minnesota? multiple choice 40.0650.040.07250.06875 5. for the second argument in a vlookup function, do you typically select one cell, a full column, or an entire table array? multiple choice 5full columnit dependsone celle

Answers

VLookup Function can be used to get the state sales tax on various amounts mentioned.

1. The total state tax owed for each line item in the purchase order table varies and can be found in the newly created column for state sales tax using the vlookup function to match supplier st to the state in the sales tax table and then calculating the amount of state sales tax owed on each line item. The options provided (i.e. $8.41, $687.21, $841.67, $5446.16) do not help determine the actual total state tax owed for each line item without further information.

2. The state tax owed on purchase order id 20510 can be found in the newly created column for state sales tax using the vlookup function to match supplier st to the state in the sales tax table and then finding the amount of state sales tax owed for the line item with purchase order id 20510. The options provided (i.e. $95.00, $14.29, $42.25, $21.80) do not help determine the actual state tax owed without further information.

3. The state sales tax owed on purchase order id 20525 can be found in the newly created column for state sales tax using the vlookup function to match supplier st to the state in the sales tax table and then finding the total amount of state sales tax owed for all line items with purchase order id 20525 and rounding if necessary. The options provided (i.e. $31.78, $19.50, $0.20, $14.62) do not help determine the actual state sales tax owed without further information.

4. The state sales tax rate for Minnesota can be found in the sales tax table.

5. For the second argument in a vlookup function, you typically select a full column that contains the data you want to retrieve.

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An Fl is planning the purchase of a $6 million loan to raise the existing average duration of its assets from 3.7 years to 5.2 years. It currently has total assets worth $23 million, $6 million in cash (O duration), and $17 million in loans. All the loans are fairly priced. a-1. Assuming it uses the cash to purchase the loan, calculate the duration of the existing loan. (Round your answer to 3 decimal places. (e.g., 32.161)) a-2. Assuming the Fl uses the cash to purchase the loan and that the loan has a 7.2 year duration, calculate the resulting duration of the asset portfolio. (Do not round intermediate calculations. Round your answer to 3 decimal places. (e.g., 32.161)) a-3. Should it purchase the loan if its duration is 7.2 years? b. What asset duration loans should it purchase in order to raise its average duration to 5.2 years? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

Answers

Answer:

a-1. If the FL is planning to purchase a $6 million loan to raise the average duration of its assets, we can use the following formula to calculate the duration of the existing loan:

Weighted average duration before purchase = (Duration of existing loans * Value of existing loans) / Total assets

5.2 = (Duration of existing loans * $17 million) / $23 million

Duration of existing loans = 3.852 years

Therefore, the duration of the existing loans is 3.852 years.

a-2. If the FL uses the $6 million in cash to purchase a loan with a 7.2-year duration, we can calculate the resulting duration of the asset portfolio using the following formula:

Weighted average duration after purchase = [(Duration of existing loans * Value of existing loans) + (Duration of purchased loan * Value of purchased loan)] / (Total assets + Value of purchased loan)

Weighted average duration after purchase = [(3.852 * $17 million) + (7.2 * $6 million)] / ($23 million + $6 million)

Weighted average duration after purchase = 4.847 years

Therefore, the resulting duration of the asset portfolio is 4.847 years.

a-3. Whether the FL should purchase the loan with a 7.2-year duration depends on its investment objectives and risk tolerance. If it believes that the loan will provide a sufficient return to compensate for the increased duration risk, then it may be a good investment. However, if the FL is not comfortable with the increased duration risk, it may choose to look for a loan with a lower duration instead.

b. To raise the average duration of its assets to 5.2 years, the FL needs to purchase a loan with a duration of:

Weighted average duration after purchase = (Duration of existing loans * Value of existing loans + Duration of purchased loan * Value of purchased loan) / Total assets

5.2 = (3.852 * $17 million + Duration of purchased loan * $6 million) / $23 million

Duration of purchased loan = 8.42 years

Therefore, the FL should purchase a loan with a duration of 8.42 years to raise the average duration of its assets to 5.2 years.

T/F another name for the poster-style format is the storyboard layout.

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The given statement "Another name for the poster-style format is the storyboard layout." is False.

The poster-style format and storyboard layout are two different types of layouts. A poster-style format typically involves a large, single image or graphic with supporting text and information around it, whereas a storyboard layout is a series of panels or frames that depict a sequence of events or a narrative.

Storyboard layouts are commonly used in film, animation, and video production to plan out the visual elements of a project before it is created. The individual panels or frames show the different scenes or shots that will make up the final product and help to organize the overall structure of the project.

Poster-style formats, on the other hand, are often used in marketing or advertising to promote a product or event. The large, eye-catching image or graphic is intended to capture the viewer's attention and draw them in, while the supporting text provides more information about the product or event being advertised.

In summary, while both poster-style formats and storyboard layouts are useful visual tools, they serve different purposes and are not interchangeable terms.

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