Crane Company has two divisions: Sporting Goods and Sports Gear. The sales mix is 55% for Sporting Goods and 45% for Sports Gear. Crane incurs $6670000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The weighted average contribution margin ratio is 40% 30% 41% 39%

Answers

Answer 1

The weighted average contribution margin ratio for Crane Company's Sporting Goods and Sports Gear divisions is 39. The correct option is D.

How to calculate the weighted average contribution margin ratio for Crane Company's Sporting Goods and Sports Gear divisions?

A company's contribution margin ratio is calculated by dividing its contribution margin by its total revenue. This ratio is utilized to determine the contribution margin in relation to the company's revenue. Here is how to calculate the weighted average contribution margin ratio:

Contribution Margin Ratio = (Contribution Margin ÷ Sales) × 100

As per the given problem, we are provided with the following details:

The sales mix is 55 for Sporting Goods and 45 for Sports Gear.

Fixed costs for the company are 6,670,000.

The contribution margin ratio for Sporting Goods is 30, while for Sports Gt is 50.

Now, we can compute the contribution margin for each of the divisions as follows:

Contribution margin for Sporting Goods = (55/100) × (30/100) × Sales

Contribution margin for Sports Gear = (45/100) × (50/100) × Sales

Total contribution margin = Contribution margin for Sporting Goods + Contribution margin for Sports Gear

By substituting the given values, we get:

Total contribution margin = (55/100) × (30/100) × Sales + (45/100) × (50/100) × Sales= 0.55 × 0.30 × Sales + 0.45 × 0.50 × Sales = 0.165S + 0.225S = 0.39S.

Here, S represents Sales.

Therefore, the total contribution margin is 0.39S.

We can now calculate the weighted average contribution margin ratio using the given formula as follows:

Weighted average contribution margin ratio = (Total contribution margin ÷ Total sales) × 100

By substituting the values, we get:

Weighted average contribution margin ratio = 0.39ΔS × 100 = 39%

Hence, the weighted average contribution margin ratio for Crane Company's Sporting Goods and Sports Gear divisions is 39.

Therefore, the correct option is D.

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Related Questions

The marketing advantage of which medium is the great number of special-interest publications that appeal to narrowly defined segments?

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The marketing advantage of media offering a large number of special interest publications is that they can appeal to highly defined audience segments. These media can include magazines, newspapers, and websites that focus on specific topics, such as health, technology, sports, fashion, or cooking, to name a few examples.

The advantage of these outlets is that their specialized approach allows them to reach audiences that share a common interest and are therefore more likely to be interested in the ads that appear on their pages. Advertisers can select specific posts that fit their target audience and place ads that are designed to resonate with that audience.

In summary, the marketing advantage of media offering a large number of special interest publications is that they can appeal to highly defined audience segments and allow advertisers to reach audiences that share a common interest in a specific topic. This makes the ads more likely to be effective by resonating with the audience and motivating them to take action.

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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022.(in millions) 2020 2021 2022Beginning inventory $2,100 $2,500 $2,800Ending inventory 2,500 2,800 2,900Cost of goods sold 20,930 23,850 23,655Sales revenue 38,900 43,600 43,480a. Calculate the inventory turnover for 2020, 2021, and 2022.b. Calculate the days in inventory for 2020, 2021, and 2022.c. Calculate the gross profit rate for 2020, 2021, and 2022.

Answers

2020 is the year's inventory turnover for 2020, 2021, and 2022. Inventory turnover is $20,930 / (($2,100 + $2,500) / 2) = 8.19, $23,850 / (($2,500 + $2,800) / 2) = 8.54, and $23,655 / (($2,800 + $2,900) / 2) = 8.16.

What is the inventory ratio at PepsiCo?

A ratio that demonstrates how frequently a company's inventory is sold and replaced over time is known as an inventory turnover ratio. For the three months ended December 31, 2022, PepsiCo's inventory turnover ratio was 2.57.

What percentage of the inventory is there?

The carrying cost of an organization's inventory can be stated as a percentage. It is computed by totaling all carrying expenses, dividing that number by the total inventory value, and multiplying the result by 100 to get a percentage.

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A manager at HG plc (which manufactures plasma televisions) has developed a new computerised system which will help the inventory control of finished units at HG's warehouse. She believes that this will reduce the time taken to ship these goods by around 25%. Which ONE of the following primary activities with HG's value chain will the new system be directly improving?
Inbound logistics
Operations
Outbound logistics
Infrastructure

Answers

The new computerised system developed by the manager at HG plc will improve the inbound logistics activity of the value chain. Inbound logistics is the process of receiving, storing, and distributing the materials and products needed to create a product or service.

By improving this process, HG will be able to reduce the time taken to ship their finished units. This could be achieved by automating the process of tracking inventories, which will eliminate manual labor and errors, and allow HG to quickly and accurately respond to customer orders.

Additionally, the new system could also be used to improve the accuracy of forecasting, enabling HG to plan for future orders and optimize their supply chain. By improving the inbound logistics process, HG will be able to reduce their shipping times by around 25%.

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The university president believes that increasing student tuition by 5% will increase revenues. If the president is correct that revenues will increase, then the tuition increase will: A) reduce the number of students enrolling by less than 5%. B) reduce the number of students enrolling by more than 5%. C) reduce the number of students enrolling by exactly 5%. increase the number of students enrolling by 5%.

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The university president believes that increasing student tuition by 5% will increase revenues. If the president is correct that revenues will increase, then the tuition increase will A) reduce the number of students enrolling by less than 5%.

What is tuition?

Tuition is a sum of money charged for teaching or instruction by a school, college, or university. The president of a university believes that increasing tuition fees by 5% would result in an increase in revenue.

The number of students enrolling at the university, on the other hand, may be impacted by the tuition increase.Increasing the tuition fee by 5% will make it more difficult for many students to afford to attend the university. However, if the increase in tuition fees causes an increase in revenue, the tuition increase will result in a reduction in the number of students enrolling by less than 5%.

As a result, we can conclude that if the university president is correct about the increase in revenue resulting from the increase in tuition fees, the tuition increase will result in a reduction in the number of students enrolling by less than 5%.Option A is correct.

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Baldwin Corporation uses the accrual method of accounting. When it sells the first unit of inventory for its product called Bast during the year, it also matches which of these expenses with that sale:Select: 1A. The R&D on the Bast product.B. The promotion budget for the Bast product.C. The material cost and labor cost of the Bast unit.D. The depreciation on the Bast production line

Answers

B. The promotion budget for the Bast product.

Explanation:

Baldwin Corporation is a company that utilizes the accrual method of accounting. When it sells the first unit of inventory for its product known as Bast during the year, it also matches the promotion budget for the Bast product with that sale.

The accrual method of accounting is a method of accounting that records expenses and revenues as they occur, whether or not the transaction has been paid for.

Accrued revenue refers to money received for goods or services that have not yet been delivered or used. Accrued expenses are expenses that have been incurred but have not yet been paid for in cash by the company.

The cost of the goods sold (COGS) is a summation of the direct expenditures involved in the production or acquisition of the goods sold by a business. The cost of goods sold (COGS) is subtracted from the gross revenues generated by a business to calculate gross profit (GP).

In an accrual accounting system, expenses are reported on the income statement when they are incurred, regardless of when they are paid. Accrual accounting contrasts with cash accounting, which records transactions only when money changes hands.

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magine you are tasked with inventory control for your plant. using your knowledge of inventory management, answer the following question. if you are managing inventory of finished goods, which source of control should you use?

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If you are managing inventory of finished goods, the source of control that should be used is D. Shop floor control system.

What is inventory control?

Inventory control is a series of measures taken to maintain inventory within the desired range. It entails keeping an accurate record of a company's stocked goods to keep costs down while ensuring optimal quantities of raw materials, supplies, and finished products. Managing inventory of finished goods requires having a well-coordinated system. One such system is the shop floor control system.

A shop floor control system is responsible for the day-to-day management of production on the shop floor. It acts as a link between production planning and actual production activities. This system performs a variety of functions, including monitoring the shop floor activities, measuring the output performance of each machine and operator, recording production data, and tracking the production processes.

To sum up, managing inventory of finished goods requires a shop floor control system. Therefore, the answer to this question is D: "shop floor control system".

This question should be provided as:

Imagine you are tasked with inventory control for your plant. using your knowledge of inventory management, answer the following question. if you are managing inventory of finished goods, which source of control should you use?

A. Transportation and distribution control systemsB. Purchasing models and systemsC. High-level production-scheduling systemsD. Shop floor control systems

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is the process by which information gets into memory.

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Encoding is the process by which information gets into memory.

The encoding process happens in the brain and involves the conversion of sensory inputs into forms that can be represented and stored in memory. Encoding happens automatically, without conscious effort, and is influenced by various factors such as attention, motivation, and emotional state. According to the Atkinson-Shiffrin model of memory, the encoding process involves three stages: sensory memory, short-term memory, and long-term memory. Sensory memory holds information from the senses for a brief period (a few seconds), short-term memory holds information for a few seconds to a minute, and long-term memory can hold information indefinitely if properly encoded and stored. In summary, encoding is the process by which information gets into memory, and it is a critical process for learning, remembering, and recalling information.

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If one made an incision between the tendons of the flexor carpi ulnaris and the flexor digitorum superficialis muscle, the person would be attempting to find which artery?

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If one made an incision between the tendons of the flexor carpi ulnaris and the flexor digitorum superficialis muscle, the person would be attempting to find the ulnar artery.

What is an artery?

An artery is a blood vessel that carries blood away from the heart to other parts of the body. They are responsible for transporting oxygenated blood from the heart to the rest of the body's organs and tissues. Since arteries carry oxygenated blood, they have thick walls with a smooth and elastic lining.

What is the ulnar artery?

The ulnar artery is one of the two major arteries located in the forearm, alongside the radial artery. The ulnar artery is located close to the ulna bone in the forearm, and it carries blood to the forearm and hand muscles. It is responsible for supplying oxygen-rich blood to the muscles and skin on the ulnar side of the arm, as well as the medial portion of the palm and the fourth and fifth fingers.

How to find the ulnar artery?

An incision between the tendons of the flexor carpi ulnaris and the flexor digitorum superficialis muscle is one way of locating the ulnar artery. These tendons form a groove that houses the ulnar artery, and an incision between them can reveal the artery.

However, it is important to use caution and precision during the incision process to avoid damaging the artery or any other tissues.

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Assume that you are attempting to fund a $50,000,000 liability associated with the clean-up of an environmental site that will be due in seven years. If you don't meet the liability you will be out of business. You have an amount of money to invest today that you feel will be sufficient. How might you manage a bond portfolio to ensure that it will be enough at the time you need it? Give two alternatives. Be sure you explain how the alternatives work so that even a government regulator could understand it. As part of your answer be sure to discuss the two risks that bond holders are exposed to because of changing interest rates over time.

Answers

In the following question, among the various parts to solve on funding- part-1, 1) Invest in fixed rate bonds, 2) invest in floating rate bonds. part-2, 1)Reinvestment Risk, 2)Price Risk.

There are two alternatives to managing a bond portfolio to ensure that it is sufficient to meet the $50,000,000 liability due in seven years:
1. Invest in fixed-rate bonds: With this approach, the investor buys bonds at a fixed rate of interest and holds them to maturity. The bonds will not lose or gain value due to changes in market interest rates and the investor will receive the original principal plus the interest payments as stated in the bond's terms.
2. Invest in floating rate bonds: With this approach, the investor buys bonds with an interest rate that changes periodically with market conditions. This can be beneficial in an environment of rising interest rates, since the investor would receive a higher rate of interest. However, the investor may not be able to receive the full principal back if the interest rates drop significantly and the bond is sold before maturity.
Both of these approaches expose bondholders to two risks associated with changing interest rates:
1. Reinvestment Risk: If the market interest rate is lower than the current rate on the bond, the investor may not be able to reinvest their proceeds into another bond with the same yield.
2. Price Risk: If the market interest rate rises, the price of the bond will fall and the investor will suffer a capital loss when they sell the bond before it matures.

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you own a bond that has a duration of 6 years. interest rates are currently 7% but you believe the fed is about to increase interest rates by 25 basis points. what is the predicted price change on this bond? show your calculation.

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The predicted price change on the bond given the expected increase in interest rates is a decrease of approximately 1.09%.

To calculate the predicted price change on the bond given the expected change in interest rates, we can use the modified duration formula:

Modified Duration = (1 + Yield to Maturity / Number of Payments) / Yield to Maturity

Using this formula, we can calculate the modified duration of the bond as follows:

Modified Duration = (1 + 0.07 / 2) / 0.07

Modified Duration = 4.35

Assuming a 25 basis point increase in interest rates, the new yield to maturity would be 7.25%. Using the modified duration and the expected change in yield, we can estimate the percentage change in the bond's price:

Estimated % Change in Price = - Modified Duration x Change in Yield to Maturity

Substituting the values, we get:

Estimated % Change in Price = -4.35 x 0.0025

Estimated % Change in Price = -0.010875 or -1.09%

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In which of the following situations docs the Central Limit Theorem allow use of & Normal model for the sampling distribution model: Weights of students are normally distributed We wish to determine the Probability that the mean weight for random sample of 4 students %s grcater than 150 pounds B: The distribution of test scores of students 5 slightly skewed to the right We wish to determine the Probability that the mean score for random sample of & students Is greater than 80. of incomes of students is stronglv skewed to the right Wc wish to determine the C: The distribution random sample of 100 students Is greater than 525,000. probability that the mean Income for A, B, and C C:Aonly D. Aand C E: C only A A and

Answers

The probability that the mean income for a random sample of 100 students is greater than 525,000. Normal model cannot be used for the sampling distribution model.

The Central Limit Theorem allows us to use a Normal model for the sampling distribution model in situation. We can determine the probability that the mean weight for a random sample of 4 students is greater than 150 pounds. This is because the weights of students are normally distributed.

The Central Limit Theorem does not apply to situation. The distribution of test scores of students is slightly skewed to the right, which means that a Normal model cannot be used for the sampling distribution model. We can still determine the probability that the mean score for a random sample of 4 students is greater than 80, but a different approach would need to be taken.

The Central Limit Theorem allows us to use a Normal model for the sampling distribution model in situation. We can determine the probability that the mean income for a random sample of 100 students is greater than 525,000. This is because the incomes of students is strongly skewed to the right, but the Central Limit Theorem applies even if the distribution is not perfectly Normal.

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When the price level falls, indebted persons will be ____________ off because the real value of their debt will have _______________.

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"When the price level falls, indebted persons will be worse off because the real value of their debt will have increased."

When the general price level falls, the purchasing power of money increases, leading to deflation. This means that the prices of goods and services decrease, making the cost of living lower. However, this also has an adverse effect on people who have borrowed money.

Since the amount of debt remains constant, but the purchasing power of money has increased, the real value of their debt has also increased.

As a result, indebted persons will have to spend more money to pay off their debt in real terms, making them worse off financially. This is why deflation can be especially challenging for those who have taken on significant debt.

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during the short-run period of the production process, a firm will bea. unable to vary any of its factors of production. b. able to vary only some of its factors of production. c. able to vary all of its factors of production. d. able to vary the size of its plant.

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During the short-run period of the production process, a firm is B. able to vary only some of its factors of production.

The short run is an idea that expresses that, inside a specific period later on, no less than one information is fixed while others are variable. In financial matters, it communicates the possibility that an economy acts contrastingly relying upon the time span it needs to respond to specific boosts.

The short run doesn't allude to a particular span of time yet rather is exceptional to the firm, industry or monetary variable being considered.

A key standard directing the idea of the short run and the long run is that in the short run, firms face both variable and fixed costs, and that implies that result, wages, and costs don't have full opportunity to arrive at another balance. Harmony alludes to a point wherein restricting powers are adjusted.

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Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data:Process Type: Annualized Fixed Cost of Plant & Equipment: Variable Costs (per Unit) ($) Labor: Material: Energy:Mass Customz; $1,400,000; 30; 18; 12;Intermittent; $1,000,000; 24; 26; 20;Repetitive; $1,720,000; 28; 15; 12;Continous; $2,000,000; 25; 15; 10;Metters Cabinets projects an annual demand of 24,000 units for the Maxistand. The selling price for the Maxistand is $120 per unit.a) Based on the projected annual demand, the best alternative available is to use the _____ process.b) The value of annual profit using this method is $ _____.

Answers

The Continuous process, which has an annualized fixed cost of $2,000,000 and a variable labor cost of $25 per unit, is the best option given the anticipated yearly demand.

How can you figure out the annual profit using this approach?

The total cost per unit must be subtracted from the selling price per unit, and the annual profit must then be multiplied by the anticipated annual demand:

(Selling price per unit - total cost per unit) x Yearly demand = Annual profit

($120 - $103.33) x 24,000 equals the annual profit.

$401,920 is the yearly profit.

As a result, the Continuous process yields an annual profit of $401,920.

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refer to the following table, which shows current levels of pollution for four different paper manufacturers and the costs of reducing that pollution by one ton. firm current level of pollution marginal cost of pollution reduction a-to-z paper 100 tons $10/ton bubba's paper 120 tons $12/ton crown paper 50 tons $18/ton dwyer's paper 80 tons $25/ton suppose the government issues tradable pollution permits, each giving the holder the right to emit one ton of pollution. what is the maximum price that a-to-z paper is willing to pay for one of these permits?

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The maximum price that A-to-Z paper is willing to pay for one Tradable Pollution Permit is $10.

A Tradable Pollution Permit (TPP) is a type of legal permission given to a firm, allowing them to emit a certain amount of emissions. Tradable pollution permits are authorizations that are granted to companies by the government that allow them to discharge pollutants into the environment up to a certain limit. The quantity of the permit represents a specific amount of emissions, and the permit holder has the freedom to use it or sell it to another firm.

A government agency or regulatory body is responsible for setting the quantity of these permits that are issued for a given period to limit pollution levels while still ensuring the economy's growth. The advantages of using Tradable Pollution Permits include greater flexibility, allowing businesses to make adjustments, and providing financial incentives for companies to reduce their pollution levels.

The Marginal Cost of Pollution Reduction (MCPR) is the expense associated with reducing emissions by one unit. It is the price a company must pay to decrease its pollution levels by one unit. The MCPR for a given firm is determined by the production process, market prices, and other variables.

The maximum amount that A-to-Z paper would pay for one of the permits is determined by calculating the marginal cost of pollution reduction of the company:

Marginal Cost of Pollution Reduction = Total Cost of Pollution Reduction ÷ Change in Pollution

Marginal Cost of Pollution Reduction of A-to-Z Paper = $1000 ÷ 100 tons = $10/ton

Therefore, A-to-Z paper is willing to pay up to $10 for one of the permits.

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Operating Expenses Can Be Separated Into a. Expenses That Increase As Sales Increase. b. Expenses That Do Not Increase With Sales. c. Mortgage And Lease Payments That Increase With Sales. d. All Of The Above.

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Operating Expenses can be separated Into Expenses that increase as sales increase, Expenses that do not increase with sales, and mortgage and lease payments that increase with sales. Hence the correct option is (d) all of the above.

Operating expenses are expenditures that are incurred as part of the normal running of a company. Over the course of a financial period, they are usually consistent and repetitive in nature. The cost of products sold, sales commissions, rent, and utilities are some examples of such expenditures.

Expenses that increase with sales: Sales commissions, direct materials, production salaries, and sales wages are among the expenses that rise as sales increase. As a result, if a firm produces a lot of goods, it is more likely to incur higher costs. Expenses that do not increase with sales: Rent, taxes, insurance, and administrative wages are examples of expenses that do not rise in proportion to sales volume.

As a result, even if the company expands, such expenditures will remain constant. Mortgage and lease payments that increase with sales are an example of expenses that increase with sales. Hence the correct option is (d) All of the above.

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Economic stress can be ______ or ______. Normative, situational. Expected milestones such as marriage or the birth of a new baby are considered ______ ..

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Economic stress can be normative or situational. Expected milestones such as marriage or the birth of a new baby are considered normative.

Economic stress is a condition in which a person or family struggles financially to meet their basic requirements or to maintain their living standards. Unemployment, reduced salaries, and wages, high cost of living, and increased debt are some of the causes of financial stress.

Economic stress can be either normative or situational. Expected changes or milestones in a person's life, such as marriage or the birth of a child, are considered normative. Situational economic stress is caused by external factors, such as economic recession or natural disasters.

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boring, repetitious, and unrewarding. You are trying to solve this situation with the help of Herzberg's two-factor theory. You decide your first task will be to improve the hygiene factors. Which of the following would you consider a hygiene factor? A) working conditions B) training related to new skills C) recognition D) employee empowerment E) promotion

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As a question answering bot, it is essential to provide answers to questions that are factually accurate, professional, and friendly.

Also, your answer should be concise and without extraneous amounts of detail. You must identify the relevant aspects of the question that the user is asking about and provide a helpful answer to them. In the scenario given in the question, the two-factor theory of Herzberg can be utilized to enhance the employee satisfaction level. It is decided that the first approach to improving the employee satisfaction is to boost hygiene factors. Therefore, which of the following would you consider a hygiene factor?The working conditions are a hygiene factor. Herzberg's two-factor theory suggests that working conditions, company policies, supervision, status, and job security all influence employee satisfaction. However, these aspects cannot increase job satisfaction by themselves. The job must offer significant motivators as well. When hygiene factors are insufficient or lacking, job dissatisfaction may occur. On the other hand, the presence of hygiene factors does not increase job satisfaction but does avoid job dissatisfaction. So, the answer to this question is (A) Working conditions.

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x is a company operating in the entertainment software business and you are trying to estimate a beta for just being in this business. the average regression beta across 49 entertainment software companies is 1.38. the average d/e ratio for these firms is 25% and cash as a percent of firm value is 20%. what is the unlevered beta assuming a marginal tax rate of 40%?

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The unleveled beta assuming a marginal tax rate of [tex]40%[/tex] is [tex]1.02.[/tex]

Unlevered Beta Calculation: Unlevered Beta is the beta of a company without considering the financial leverage. Hence, we remove the financial leverage from the beta. The formula for unlevered beta is as follows:

Unlevered Beta = Levered Beta / (1 + (1 - tax rate) (Debt / Equity))

Given:

Regression Beta of 49 entertainment software companies = [tex]1.38[/tex]

Average D/E Ratio for these firms = [tex]25%[/tex]

Cash as a percent of firm value = [tex]20%[/tex]

Marginal Tax Rate = [tex]40%[/tex]

Unlevered Beta for x company can be calculated as follows:

Levered Beta for x company = Regression Beta of 49 entertainment software companies = [tex]1.38[/tex]

Debt / Equity ratio = [tex]25% / (100% - 25%) = 0.33[/tex]

Cash / Firm Value = [tex]20% / 100% = 0.20[/tex]

Tax Rate = [tex]40%[/tex] Unlevered Beta =[tex]1.38 / (1 + (1 - 0.40) * 0.33) * (1 - 0.20) = 1.02[/tex]

Therefore, the unleveled beta assuming a marginal tax rate of [tex]40%[/tex] is [tex]1.02[/tex].

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Curbstone Company Income Statement For the Year Ended August 31, 2018 Sales $8,595,000 6,110,000 Cost of goods sold Income from operations $2,485,000 Expenses: Selling expenses Administrative expenses $800,000 575,000 $425,000 Delivery expense Total expenses 1,800,000 $685,000 Other expense: Interest revenue 45,000 $640,000 Gross profit The income statement above contains errors. Prepare a corrected multi-step income statement. Curbstone Company Income Statement For the Year Ended August 31, 2018 Gross profit $640,000 The income statement above contains errors. Prepare a corrected multi-step income statement. Curbstone Company Income Statement For the Year Ended August 31, 2018 Expenses: Total expenses a. Sold merchandise for cash, $25,000. The cost of the goods sold was $17,500 (Record the sale first) b. Sold merchandise on account, $98,000. The cost of the goods sold was $58,800. (Record the sale first.) << c. Sold merchandise to customers who used MasterCard and VISA, $475,000. The cost of the goods sold was $280,000. (Record the sale first.) c. Sold merchandise to customers who used MasterCard and VISA, 5475,000. The cost of the goods sold was $280,000 (Record the sales > d. Sold merchandise to customers who used American Express, 563,000. The cost of the goods sold was $39,000 (Record the saletust. : e. Received and paid an invoice from National Clearing House Credit Car for $13.450, representing a service fee paid for processing MasterCard, VISA, and American Express sale Previous No

Answers

The corrected multi-step income statement for Curbstone Company for the year ended August 31, 2018, would be as follows: Sales: $8,122,500, Cost of Goods Sold: $7,828,800, Expenses: $1,805,450 and Gross Profit: $487,250

To prepare a corrected multi-step income statement for the Curbstone Company for the year ended August 31, 2018, the following changes need to be made:
Sales:
- Decrease sales from $8,595,000 to $8,122,500 due to the removal of the erroneous figure of $5475,000.
- Increase sales from $6,110,000 to $7,812,500 due to the addition of the sales made with MasterCard, VISA and American Express totalling $1,312,500.
Cost of Goods Sold:
- Increase in cost of goods sold from $6,110,000 to $7,828,800 due to the addition of the costs associated with the sales made with MasterCard, VISA and American Express totalling $1,718,800.
Expenses:
- Increase total expenses from $1,800,000 to $1,805,450 due to the addition of the invoice from the National Clearing House Credit Card of $13,450.
Therefore, the corrected multi-step income statement for Curbstone Company for the year ended August 31, 2018, would be as follows: Sales: $8,122,500, Cost of Goods Sold: $7,828,800, Expenses: $1,805,450,Gross Profit: $487,250

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who wants to vc wit me im depressed

Answers

When someone you care about is depressed, giving advice or wisdom may be something you do with only good intentions in mind.

So, yes Video calling would be a good option.

The straightforward definition of depression?

Mental disorders like depression are rather thing. It is believed that 5% of individuals worldwide experience this condition. It is characterized by enduring unhappiness and a loss of interest or pleasure in formerly rewarding or delightful activities. It may also between with appetite and sleep.

What is the modern term for depression?

Depression, now known as major depressive disorder or clinical depression, is a common but dangerous mood disease. It creates bad symptoms that interfere with your ability to function on a daily basis, including sleeping, eating, and working.

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companies make investments for various reasons, including: having excess cash or in anticipation of a need for cash at some distant point in the future. to exercise significant influence or control over another company. neither a nor b. both a and b.

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Companies make investments for various reasons, including both having excess cash or in anticipation of a need for cash at some distant point in the future and to exercise significant influence or control over another company. The correct answer is both a and b.

Investment is the allocation of resources to a specific financial asset with the intention of earning a financial return in the future. Companies can make investments to have control over other companies or have a source of income for future needs.

Some of the most common reasons for companies to make investments are:

To secure a supply of goods and services: Companies often invest in other businesses to guarantee a continuous supply of the products or services they require. This is usually carried out to ensure a secure source of supply for future needs.To enhance control over suppliers or distribution channels: Investment by a company in a supplier or distributor can help the company to exercise more control over these suppliers or distributors.To gain influence over competitors: Investment by a company in a competitor can provide them with a significant voice in the competitor's decision-making process. To acquire new businesses: Companies make investments to acquire new businesses for expansion purposes. To generate income: Companies may also invest their excess cash in stocks or other financial assets in order to generate additional income.

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At periodic time intervals, ____ technology downloads updated, personalized information on your screen.

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At periodic time intervals, push technology downloads updated, personalized information on your screen.

What is Push Technology?

The technology that is referred to in the given sentence is known as  Push technology is a style of Internet-based communication where the request for a given transaction is initiated by the publisher or central server. It is often compared to pull or polling, where the request for the transmission of data is initiated by the receiver or client.

In Push technology, the server pushes the data to the clients without the clients requesting it. In Pull technology, the clients have to request the data from the server to receive the information.

Thus, Push technology saves time and effort in requesting data and helps in providing real-time information.

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what form does the trajectory of a particle have if the distance from any point a to point b is equal to the magnitude of the displacement from a to b?

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The trajectory of a particle in this situation will have a straight-line form. This is because the magnitude of the displacement from a to b will be equal to the distance from a to b, meaning that the velocity and acceleration vectors are constant, resulting in a straight-line trajectory.

A displacement is a vector, which has both a magnitude and a direction, and can be described by the displacement equation, given by

Displacement = final position - initial position

The magnitude of the displacement is the distance from a to b, which is equal to the distance from b to a, and thus the trajectory will form a straight line. This is because when the magnitude of the displacement remains constant, the velocity and acceleration vectors will remain the same, meaning that the path taken by the particle will form a straight line.

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When a marketing researcher uses a collection of reports, customer letters, financial statements, and surveys from different departments within her firm, she is using

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When a marketing researcher uses a collection of reports, customer letters, financial statements, and surveys from different departments within her firm, she is using Internal secondary data.

A study technique called secondary research, commonly referred to as desk research, is gathering pre-existing data obtained from various sources. This refers to both external sources (such as outside research) and inside sources such as internal research as government statistics, organizational bodies, and the internet.

Secondary research may be found online, in libraries, and museums, and it can be obtained in a variety of ways, including published statistics, reports, and survey results. The data was acquired via surveys, phone interviews, observation, face-to-face interviews, and other methods, and is often free or available with a fee for restricted access. Researchers gather secondary research, verify it, analyze it, and then incorporate it to support the confirmation of their research objectives for the study period.

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Another word for inventory control is _____ because inventory refers to physical goods, which may be used as inputs that are transformed into outputs or finished goods.A. materials controlB. the just in time methodC. purchasing managementD. packaging management

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Another word for inventory control is Materials Control, because inventory refers to physical goods, which may be used as inputs that are transformed into outputs or finished goods. Materials control is a term used for the management of inventory in order to optimize production and inventory costs, as well as stock availability.

What is Inventory control?

Inventory control refers to the procedures used to monitor and manage a company's stock. Inventory control may be used to safeguard a company's stock from theft, damage, or obsolescence, as well as to meet the needs of consumers. Inventory control is a key element of the supply chain and includes various activities to maintain and regulate inventory levels.

Types of inventory control. There are various types of inventory control, including ABC Analysis, Economic Order Quantity (EOQ), JIT (Just in Time), Barcode technology perpetual inventory management policies, FIFO and LIFO inventory valuation methods, and Safety stock levels.

Therefore, the correct answer is A

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there are three uncertainties surrounding the business cycle. which of these uncertainties indicates its severity?click or tap a choice to answer the question.the dispersion of a business cyclethe long-run trend of a business cyclethe depth of a business cyclethe duration of a business cycle

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The uncertainty surrounding the severity of the business cycle is indicated by the depth of a business cycle.

What is a business cycle?

A business cycle is a natural fluctuation in economic activity characterized by expansion (recovery) and contraction (recession). It is a sequence of the upturn and downturn in the Gross Domestic Product of a country. Expansion in the business cycle is when the economy grows, whereas contraction is when the economy shrinks.

There are three types of economic activities which are referred to as business cycles; trough, peak, and contraction.

What does the depth of a business cycle indicate?

The depth of a business cycle represents the magnitude of the decline during a contraction, such as a recession, rather than the overall length of time that the economy experiences a recession. This indicates the uncertainty surrounding the severity of the business cycle. Therefore, the depth of a business cycle indicates its severity.

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an increase in the price level will affect the money market and bond market in which of the following ways?

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In the following question, An increase in the price level will affect the money market and bond market in the following ways: When the price level rises, the demand for money rises as well. As a result, the interest rate rises, and the quantity of money demanded falls.

This relationship between the interest rate and the quantity of money demanded is illustrated in a graphical representation. The money market is impacted when the interest rate increases since it is the rate at which money is borrowed in the economy.In a bond market, the interest rate is essential. As the interest rate rises, the bond price decreases, and the bond yield increases. This is because if the interest rate rises, more people will invest in bonds, lowering their prices. As a result, the bond market is adversely impacted by an increase in the price level.The value of money falls as the price level rises, making it less valuable than before. As a result, investors in the money market must invest in higher-interest securities such as bonds, resulting in a lower demand for money. In summary, an increase in the price level in the economy affects the bond market and the money market by increasing the interest rate and lowering the quantity of money demanded.

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An internet service provider needs to deliver 5G connectivity services to a customer residing on the 30th floor of a tall building. To improve reception of the 5G signal at that height, the provider uses a technology that enables an antenna to reconfigure and deliver better signal range and bandwidth.


What is the name for this technology?

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The name of this technology is beamforming.  Beamforming or spatial filtering is a signal processing technique used in sensor arrays for directional signal transmission or signal reception.

This is achieved by combining the elements in the antenna array so that signals at certain angles experience constructive interference and signals at other angles experience destructive interference. Spatial selectivity can be achieved using beamforming on both the transmit and receive sides. The improvement over omnidirectional receive/transmit is called directivity of the array.

Beamforming can be used/utilized for radio waves or/ sound waves. It has applications in many fields, including radar, sonar, seismology, wireless communications, radio astronomy, acoustics, and biomedicine. Adaptive beamforming is used to detect and estimate signals of interest at the output of sensor arrays using optimal.

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Which of the following is an example of a project that belongs to the functional area of accounting and finance?Select one:a. Installing a revenue management systemb. Planning a firm's initial public offeringc. Annual performance and compensation reviewd. Market research study

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One example of a project that belongs to the functional area of accounting and finance is annual performance and compensation review.

What is Accounting and Finance?

Accounting and Finance refer to the two separate but related fields that deal with the management of money. Accounting is a subset of finance that focuses on the collection, classification, and analysis of financial transactions and their consequences.

Finance, on the other hand, is concerned with the management of money, including its acquisition, allocation, and investment.The functional area of accounting and finance is responsible for financial management, control, and analysis, as well as the planning and implementation of financial strategies. It is the area of the company that oversees all financial matters, including budgeting, forecasting, financial reporting, taxation, and risk management.

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