Answer:
$245,000
Explanation:
Calculation for what Worthy's treasury stock
Account Balance will show
Based on the information given the year 2023 treasury stock repurchase that was made will be debited with the amount of $490,000 and Since we were told that half of the treasury stock was resold the amount of $245,000 (490,000*50%) will be credited to treasury stock while the amount of $147,000 ($392,000-$245,000) will be credited to Paid-in capital share repurchase
Treasury stock account balance=($490,000 - $245,000)
Treasury stock account balance=$245,000
Therefore C. Worthy's treasury stock account shows a balance of: $245,000
There are vast differences in local market needs in the consumer soft drink business around the world. TwinFold Media, a Canadian multinational advertising agency, specializes in the soft drink industry and uses a geocentric staffing approach. What advantage would the company gain by using this approach?
a. It allows all key management positions of a firm and its subsidiaries to be filled by parent country nationals.
b. It requires minimal documentation for hiring foreign nationals.
c. it tends to reduce cultural myopia and enhance local responsiveness.
d. It reduces the costs of value creation.
Answer: c. it tends to reduce cultural myopia and enhance local responsiveness.
Explanation:
A Geocentric staffing approach means that a company picks those that it views as the most suitable for a job regardless of the country they are from. This means that although the company is in Canada, they can hire a person from Sudan if they feel the person is suitable for the job in question.
The main advantage of this is that it reduces cultural myopia which is the tendency to belief that a person's culture i.e western culture, works across the globe. For instance, going back to the earlier example, a person from Sudan would most likely know more about norms in Sudan than a person from Canada.
This would ensure that the people hired, can respond effectively due to this reduction in cultural myopia.
If the anticipated inflation rate is 2 percent and the nominal interest rate is 6 percent, the real interest rate will be:
Answer:
Real interest rate= 0.04 = 4%
Explanation:
Giving the following information:
Inflation rate= 2%
Nominal interest rate= 6%
To calculate the real interest rate, we need to use the following formula:
Real interest rate= nominal interest rate - inflation rate
Real interest rate= 0.06 - 0.02
Real interest rate= 0.04 = 4%
A positive oil shock: Suppose scientists discover a new way to extract oil from deposits that were previously thought to be unrecoverable. The extra supply of oil leads oil prices to decline. Explain the effect on wages, the employment-population ratio, and unemployment– all for the overall economy.
Answer:
The impact of decline in oil prices to the overall economy with regard to wages, employment and unemployment is given below.
Explanation:
Oil is used by many firms, some of which use it for production in which case the oil is an input in their related costs while others use it indirectly such as in running of transportation.
When the oil prices decreases it will result in rise in demand for oil by these firms, as they can utilise oil for further production (for direct use) or purchasing & running transportation to be use in their business. This will result in more work and the demand for labour will increase which will cause the wage rate to increase, employment-population ratio to increase and the unemployment to decrease.
The wages would rise, employment ratio would rise and the unemployment in the economy would fall.
A positive supply shock would cause the prices of the oil to decline. This fall in prices is an indirect effect of this discovery. A more direct effect would be a fall that would occur in the cost of production.
Then the fall in oil prices would lead to a rise in the real income of the economy. Also causing a rise in aggregate demand.
This would then lead to a rightward shift of the demand curve. Therefore the wages would rise, employment ratio would rise and the unemployment in the economy would fall.
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Companies that have preferred stock outstanding promise to pay a stated dividend for an infinite period. Preferred stock is treated like a perpetuity if the payments last forever. Preferred stocks are considered to be a hybrid of a common stock and a bond. For example, one of the major differences between preferred shares and bonds is that the issuing companies can suspend the payment of their preferred dividends without throwing the company into bankruptcy.
However, similar to bonds, preferred stockholders receive a fixed payment-their dividend-before the company's residual earnings are paid out to its common stockholders and, as with common stock, preferred stockholders can benefit from an appreciation in the value of the firm's stock securities.
Lancashire Railway Company (LRC) pays an annual dividend rate of 11.80% on its preferred stock that currently returns 15.81% and has a par value of $100.00 per share. What is the value of LRC’s preferred stock?
a. $74.64 per share
b. $89.57 per share
c. $100.00 per share
d. $111.95 per share
Suppose that due to high inflation, interest rates rise and pull the preferred stock's yield to 20.55%. The value of the preferred stock will:_____
Answer:
$74.64$57.42Explanation:
1. Value of LRC's preferred stock
= Preference Dividend / Return on Preference share
= (11.8% * 100) / 15.81%
= 74.6363
= $74.64
2. Value of preference share when yield goes to 20.55%;
= Preference Dividend / Return on Preference share
= (11.8% * 100) / 20.55%
= $57.42
How important is structure/culture compared to the other primary internal considerations for a strategic plan?
Explanation:
The organizational structure and culture are essential for the design of a strategic plan aligned with the organization's purpose.
What happens is that the structure and culture of an organization constitute its identity, its way of organizing itself and creating an environment designed to obtain the objectives and goals stipulated by strategic planning. So it can be said that there is no way to develop a strategic plan without considering the structure or culture, because it is through these two variables that action plans are developed and modeled according to what the company is, and what it plans to be in the future. All organizational systems must be foreseen in the planning and be developed with the same degree of importance, because together they form the organizational whole that will lead a company to be well positioned in the market, achieve continuous improvement in its processes, achieve competitive advantage in the market, etc.
Structure and culture are the pillars upon which the business organizes its operational activities to get a smooth flow in these different activities.
What is the importance of structure/culture in a strategic plan?The structure defines communication and reporting relationships while culture defines business norms to be followed. It is essential for strategic planning as it helps to develop a competitive edge for the business that would measure its growth.
Therefore, it generates foundations for bringing change and flexibility in the business for achieving improvement in its processes.
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A product has an average demand of 40 units per week and a standard deviation of 10 units per week (normally distributed). The lead time is 5 weeks. What is the safety stock inventory if the organization wants to achieve a 90% cycle-service level
Answer:
37 units
Explanation:
lead time = 5 weeks
service level = 90%, z score = 1.645
average demand = 40 units per week
standard deviation = 10 units per week
safety stock = z-score · √lead time · standard deviation of demand = 1.645 · √5 weeks · 10 units per week = 1.645 · 2.236 · 10 = 36.78 ≈ 37 units
the reorder point = (5 weeks x 40 units per week) + safety stock = 200 + 37 = 237 units
Felicia is looking for a new job in the insurance industry. She used to work for the controller of a retail company. What items should she add to her resume to explain her work for the controller? Select the 2 that apply.
Answer: preparing financial statements
& prepare papers for external auditor
Explanation:
Since Felicia worked for a retail company, there are definitely two things she would have being doing for the retail company that would be similar in the rod she wants to apply for at the insurance industry, they are;
-preparing financial statements;
-prepare papers for external auditor
these are a roles she would have definitely played at one point or the other for the retail store and are vital when working for the insurance industry
The risk-free rate is 4.5 percent and the market expected return is 10.8 percent. What is the expected return of a stock that has a beta of 1.30? a) 1269% b) 20 09% c) 11 28% d) 15.62% e) 18.54%
For this question you can use the CAPM formula:
E(rs) = risk free + (market return - risk free rate)*(beta)
=4.5% + (10.8% - 4.5%) * 1.3
= 4.5% + 8.19%
= 12.69%
----------------
Alexandra has two articles about social media consumption, one from 2007 and one from 2018, that she could include in her research about social media and addiction. Which one may be the more appropriate article, according to the CRAAP analysis?
Answer:
The 2018 article
Explanation:
CRAAP stands for Currency, Relevance, Authority, Accuracy, and Purpose. It is a test conducted by educationists and researchers to evaluate the credibility of a source of information. The use of Craap eliminates the possibility of using untrustworthy sources for research.
The C stands for currency, which is all about the timeliness of the information. Currency check whether the information obtained is most recent. Researchers want to know where it was published or posted and whether it has been revised. Most recent information will be acceptable in Craap compared to older data as it may be deemed outdated.
Countess Corp. is expected to pay an annual dividend of $4.45 on its common stock in one year. The current stock price is $72.55 per share. The company announced that it will increase its dividend by 3.60 percent annually. What is the company's cost of equity
Answer:
9.73%
Explanation:
The cost of equity formula is stated thus:
cost of equity=D1/P0+g
D1=future expected dividend payment=$4.45
P0=current stock price=$72.55
g=dividend constant growth rate=3.60%
cost of equity=($4.45/$72.55)+3.60%
cost of equity=6.13% +3.60%
cost of equity=9.73%
Mr. Coffey bought a house for $195,000. He made a 20% percent down payment. The internet rate is 5.25% for 30 years. How much does he need to borrow and what is his monthly payment
Answer:
$39,000
20% OF THE COST OF HOUSE OUT HERE
= 20% OF $195,000
= 0.2 * 195,000
=$39,000--------
Good luck!
Your real estate agent mentions that homes in your price range require a payment of $1,200 per month for 30 years at 0.75% interest per month. What is the size of the mortgage with these terms?
Answer:
the size of the mortgage with these terms is $149,138.24
Explanation:
The computation of the size of the mortgage is shown below:
Present value of annuity is
= Monthly payment × {[1 - (1 + rate of interest)^-number of months] ÷ rate of interest}
= $1,200 × {[1 - (1 + 0.0075)^-360] ÷ 0.0075}
= $1,200 × 124.2819
= $149,138.24
The 360 is come from
= 30 years × 12 months
= 360 months
hence, the size of the mortgage with these terms is $149,138.24
The cost of speeding relates crashed in 2008 accounted for per second
Answer:
Thanks for the fact
Explanation:
Can I have brainliest pls?
If a central bank uses the tools of monetary policy to reduce the demand for goods and services, the likely result is inflation and unemployment in the short run.
a higher, higher
b. lower, higher
c. lower, lower
d. higher, lower
Answer:
b. lower, higher
Explanation:
When the demand of the goods and services is decreased so the central bank required to extract the excess money supply. This results in rise in the aggregate demand and high prices.
Now for reducing the money supply, the central bank used the contractionary monetary policy due to which the rate of interest would more. If there is more interest rate so there would be less investment and more saving that lesser the level of consumption.
So, it would reduce the excess money, if it is decreased so the demand would also decline due to which the price also fall this results in lesser inflation. As if there is a decline in the aggregate demand, so many factories would decreased their supply even some shut down because of the high unemployment
hence, the correct option is b.
What are the predictions for the Economy if Trump wins the presidential election?
Explanation:
65 per cent of investors think that his re-election would be the best outcome for financial markets.
“Usually when a president wins re-election, it means the economy is going pretty strong, so stocks tend to do well. The flip side is that new leadership in Washington can bring with it potential change that could rock the boat and hold stocks back.”
Durango Water Works has an outstanding issue of preferred stock that has a par (maturity value) of $75.00. The stock, which pays a quarterly dividend of $1.10, will be retired by the firm in 20 years. If the preferred stock is currently selling for $68.00, what is the preferred stock’s yield-to-maturity? (Round off to the nearest 0.01%) 5.64% 7.73% 6.72% 4.28%
Answer:
6.64%
Explanation:
yield to maturity (YTM) = {preferred dividend + [(faced value - market value)/n]} / [(face value + market value)/2]
preferred dividend = $1.10n = 20 x 4 = 80 quartersface value = $75market value = $68yield to maturity (YTM) = {$1.10 + [($75 - $68)/80]} / [($75 + $68)/2]
yield to maturity (YTM) = $1.1875 / $71.50 = 0.0166 quarterly yield x 4 = 0.0664 = 6.64% annual yield
If offered employment by Amazon, would you be legally eligible to begin employment immediately?
Answer:
Explanation:
offered employment by Amazon, would you be legally eligible to begin employment immediately?
Legally eligible for employment could be explained as having the right to take up a job in a particular country, which means one should posses a work permit or visa which will allow one to work for an employer in US since AMAZON is in US.
.it should be noted that The applicant is considered eligible, if the applicant is available bin US when submitting it as a citizen or with work permit
Therefore, I'm eligible to begin work immediately, if I'm offered employment by Amazon, if I meet the above criteria, and we know Amazon is in US.
Yes, a U.S. natives will be legally eligible to begin employment immediately after been offered employment by Amazon,
Eligibility in this context refers to the right to take up a job in the country.
The United State natives are eligible by birth, whereas, non-citizen would be required to possess a work permit or visa to allow him/her to work for the Amazon in US.
Therefore, in conclusion, a U.S. natives will be legally eligible to begin employment immediately after been offered employment by Amazon whereas a non-citizen will be required to possess a visa or work permit
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During the year, Hamlet Inc. paid $22,000 to have bond certificates printed and engraved, paid $170,000 in legal fees, paid $9,000 to a CPA for registration information, and paid $280,000 to an underwriter as a commission. What is the amount of bond issue costs
Answer:
$481,000
Explanation:
Bond issue costs are either direct or indirect costs:
direct costs include underwriting fees, listing fees, professional fees, compliance costs and other costs related to the IPO or APO (secondary issues), e.g printing costsindirect costs include underpricing costs (IPO pricing is too low) and loss of proprietary informationTotal bond issue costs = $22,000 + $170,000 + $9,000 + $280,000 = $481,000
Explain the distinction between current and long-term assets pertaining to IBM computers and the investments in equity securities.
Answer: Current assets generate revenues instantly while long term assets builds over time
Explanation:
Current assets could be defined as those assets that are expected to generate cash within a short time. They are used to fund the daily or routine operations of the business, examples are cash, inventory, marketable securities, etc
Long term assets are assets that provide economic benefit to the organization for a long period of time, they are not expected to generate revenue instantly like the current assests, they might begin generating revenue after a year or two, examples are plants, equipments, trademark.
In comparison to IBM computers and their investment in equity, it's discovered that some of their investment are over time while some generate income for them immediately
Tom Skinner has $45,000 invested in a stock with a beta of 0.8 and another $55,000 invested in a stock with a beta of 1.4. These are the only two investments in his portfolio. What is his portfolio's beta?
Answer:
The porfolio beta is 1.13
Explanation:
The computation of the portfolio beta is shown below:
= Weight × beta + weight × beta
= ($45,000 ÷ ($45,000 + $55,000) × 0.8 + ($55,000 ÷ ($45,000 + $55,000) × 1.4
= 0.45 × 0.8 + 0.55 × 1.4
= 1.13
Hence, the porfolio beta is 1.13
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The planning/control cycle has two planning steps. They are Select one: a. (1) make the plan, then (2) carry out the plan. b. (1) research planning, then (2) look for ways to cut costs. c. (1) make the plan, then (2) set it aside for a period of time. d. (1) research planning, then (2) receive feedback. e. (1) review previous plans, then (2) evaluate plans.
Answer:
a. (1) make the plan, then (2) carry out the plan.
Explanation:
The cycle of the planning/ control comprises of following steps
1. Make the plan
2. After that carry out the plan
3. Now the control is there by comparing
4. And finally, the control could be taken by taking corrective actions
According to the given situation, the correct option is a
And, the rest of the options are wrong
When the market is more optimistic about a firm, its share price will ______; as a result, it will need to issue _______ shares to raise funds that are needed. a) rise; fewer b) fall; fewer c) rise; more d) fall; more
Answer:
a) rise; fewer
Explanation:
In the case when the market is more optimistic so the price of the share would be increased that results in the issuance of the few shares to raise the funds that are required keeping all other constant.
Therefore in the given situation, the option a is correct
Hence, the same is to be considered
Thus, all the other options are incorrect
The ending Retained Earnings balance of Lambert Inc. increased by $1.8 million from the beginning of the year. The company's net income earned during the year is $5.4 million. What is the amount of dividends Lambert Inc. declared and paid?
Answer:
$4.4 million
Explanation:
The ending retained earnings of Lambert incorporation increases by $1.8 million
The net income earned during the year is $5.4 million
Therefore the amount of dividend declared and paid by Lambert incorporation can be calculated as follows
= $5.4 million - $1.8 million
= $4.4 million
The following items may appear on a bank statement:
a. NSF check
b. EFT deposit
c. Service charge
d. Bank correction of an error from recording a $300 check as $30
Required:
Indicate whether the item would appear as debit or credit memo on the bank statement and whether the item would increase or decrease the balance of your account.
Answer:
a. NSF check ⇒ non-sufficient funds check: it is a debit memo that decreases the account balance. One or more of the checks from third parties that you deposited didn't have enough funds to be cashed.
b. EFT deposit ⇒ electronic funds transfer: credit memo that increases the account balance. Someone deposited money to your account through an electronic transfer, e.g. online transfer.
c. Service charge ⇒ debit memo that decreases the account balance. This is a fee charged to you by the bank for the banking services provided.
d. Bank correction of an error from recording a $300 check as $30 ⇒ debit memo that decreases account balance. A check that you wrote was erroneously recorded as $30 when its value was $300.
Problem found with in the agriculture sectors and the solution
Answer:
There are many problems in agriculture sector some of them are as follows:
Explanation:
1: Not gaining appropriate output after harvesting .
2: Lack of influence .
3: Limitations of new technologies .
As there are problems there are also definitely it's solutions .Some of them are as follows:
1: Providinng loan for farmers in low interest.
2: influencing farmers for agriculture .
3: Providing them new technologies in low cost .
________ relates to the distribution of resources across society.
a. Efficiency
b. Social surplus
c. Utility
d. Equity
Answer:
d. Equity
Explanation:
Equity involves the implementation of the appropriate act to achieve fairness. This makes it possible to ensue that the right of an individual is not jeopardized. Thus, equity treat everyone with all fairness and ensure compensation where necessary.
Since the resources are distributed across the society, then this relates to equity. Equity means equality.
Marion, the new supervisor, has requested the management to install survaillance cameras and voice recorders to monitor the productive hours of the employees and supervise their work closely. This shows that marion has a:______
Answer:
Explanation:
Marion, the new supervisor, has requested the management to install survaillance cameras and voice recorders to monitor the productive hours of the employees and supervise their work closely. This shows that marion has a managerial skills
If you want to receive the recently declared dividend on ABG stock, you must purchase your shares _____ or more business day(s) prior to the date of record.a. four.b. one.
c. two.
d. three.
e. five.
Answer:
c. two.
Explanation:
Stocks and dividends are ways in which a company uses to raise finances from the public inorder to run their companies as well as rewards the people after a given business year in which profit is made. Generally, it is expected that, you should own a stock for two business days, to be entitled to dividend payout. For ABG stock, the same is expected.
Brownie Bakery eaned net sales revenue of $68,000,000 in 2018. Cost of goods sold was $42,840,000, and net income reached $10,000,000, the company's highest ever. Compute the company's gross profit percentage for 2018.
Answer:
37%
Explanation:
We would calculate the gross profit for the above company as;
Gross profit = Revenue - Cost of goods sold
Given that;
Revenue = $68,000,000
Cost of goods sold = 42,840,000
Gross profit?
Therefore,
Gross profit = $68,000,000 - $42,840,000 = $25,160,000
Gross profit percentage will now be computed as;
Gross profit percentage = Gross profit ÷ Revenue
= $25,160,000 ÷ $68,000,000
= 37%
The company's gross profit percentage for 2018 is 37%.
How much would a homeowner receive with actualâ cash-value coverage and replacement cost coverage for aâ three-year old sofa destroyed by aâ fire? The sofa would cost $1,200 to replaceâ today, whereas it cost $942 three yearsâ ago, and it has an estimated life of six years.
With actualâ cash-value coverage, the amount the owner would receive for the sofa would be ?
Answer:
$729
Explanation:
We can calculate the actual cost value by first multiplying the purchase value by the depreciation rate and after that deducting that amount from the replacement cost.
DATA
Replacement value = $1,200
Purchase value = $942
Depreciation rate = 3 years/6 years = 0.5
Solution
Acutal cost value = Replacement value - ( Purchase value x Depreciation rate)
Acutal cost value = $1200 - ($942 x 0.5)
Acutal cost value = $729