Answer:
past price data is unrelated to future prices.
Explanation:
The efficient market hypothesis (EMH) is a theory of investment in which it proves that it is unattainable to strike the stock market.
Here there are 3 forms that is a weak one, semi-strong one and strong one
In the weak form it implies that there is an efficient market that represent the market information also the market rate of return is independent but the the rates that are in past have no impact on the future rates
therefore the first option is correct
A company purchased a tract of land for its natural resources at a cost of $1,500,000. It expects to mine 2,000,000 tons of ore from this land. The salvage value of the land is expected to be $250,000. The depletion expense per ton of ore is:
Answer:
Depletion expense per ton = $0.625
Explanation:
Given:
Total cost = $1,500,000
Total ore = 2,000,000 tons
Salvage value = $250,000
Find:
Depletion expense per ton
Computation:
Depletion expense per ton = [Total cost - Salvage value] / Total ore
Depletion expense per ton = [$1,500,000 - $250,000] / 2,000,000
Depletion expense per ton = $0.625
an underwriter enters into a firm commitment to sell 1 million shares at 20 each including a 2 spread. how much does the issuing firm receive if only 500000 shares are sold
Answer:
the issuing firm received is $9,000,000 or $9 million
Explanation:
The computation of the issuing firm received is shown below;
= Number of shares sold × (sale price per share - spread)
= 500,000 shares × ($20 - $2)
= $500,000 shares × $18
= $9,000,000 or $9 million
Hence, the issuing firm received is $9,000,000 or $9 million
We simply applied the above formula so that the accurate value could come
And, the same is to be considered
Which of these answers the following two questions: 1) how will the firm make money on the product and/or services offered, and 2) how will the firm be positioned in the marketplace
Answer:
1) use Information Technology and Information Systems.
online collaboration. virtual meetings.Big data, cloud computing, internet of things and mobile digital platforms.According to the question, the Value proposition is the answer.
What is Value Preposition?A value proposition is a succinct sentence that explains why customers should select your goods or services. It's more than simply a description of your company's goods or services; it's also the unique solution you offer and the assurance of value you make to clients.
One of the most crucial conversion criteria is the value proposition. A strong value offer may mean the difference between losing and winning a sale. Because of this, it's critical to develop one that truly depicts your goods and services and explains why you're the best option.
Your company's distinctive identification is your value proposition. Without it, customers won't be motivated to buy your products. They might even decide to go with a rival merely because of how well that company's marketing and sales efforts convey its value offer.
To know more about the Value proposition follow the link.
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Melvin receives stock as a gift from his uncle. The adjusted basis of the stock is $30,000 and the fair market value is $38,000. Melvin trades the stock for bonds with a fair market value of $35,000 and $3,000 cash. What is his recognized gain on the sale of stock and the basis for the bonds
Answer: None of the above
Explanation:
The options are:
a $0, $30,000.
b. $5,000, $33,000.
c. $5,000, $30,000.
d. $8,000, $33,000.
e. None of the above.
The information below can be deduced from the question:
Amount realized = $35000 + $3000 = $38000
Less: Adjusted basis = ($30000)
Realized gain = $8000
Based on the explanation above, the realized gain is $8,000 and the basis of the bond is $35,000.
Mary's team is located in different countries. Because of the time zone differences, it is difficult for the team to meet all together so their meetings are conducted ________. Group of answer choices when Mary can meet because she is the leader asynchronously the end of the project is reached at the same time synchronously
Answer: asynchronously
Explanation:
Mary's team is located in different countries. Because of the time zone differences, it is difficult for the team to meet all together so their meetings are conducted asynchronously.
We should note that while synchronous means for something to happen at the same time, asynchronous means something that doesn't happen same time.
Because of the time zone differences, the meeting will be conducted asynchronous as the participants that are involved can meet at their own pace uwng their time.
Asynchronously
Countries around the world have different time zone. For instance, the time zone for countries around Asia is different from those countries in Africa.
It therefore means that while synchronous means something to happen at the same time , asynchronous means something that doesn't happen same time.
Due to the difference in time zone, the meeting will be conducted asynchronous so that the team that are involved can meet at the time it falls in their own country.
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4. Matilda and Rene are also trying to forecast what their federal and state income taxes will
be for the end of the year. If Matilda and Rene had a negative cash flow of -$150.00 per
month from January through April, but a positive cash flow of $1,000.00 per month (after
expenses) from May through December, on what dollar amount will they determine their
income taxes? What expenses could be used for tax deductions? (15 points)
Answer:
what do you need help with...
Explanation:
Analyse how an increase in government spending may create economic growth
Answer:
see below
Explanation:
An increase in government spending is an expansionary fiscal policy applied to stimulate economic growth. The government increases spending by engaging in capital and labor-intensive projects such as the building of public roads, bridges, schools, hospitals, railway lines, airports, and other public goods.
Since these projects are labor-intensive, they create employment for many people. It means previously unemployed people will have an income. The workers will spend their new income buying goods and services in the market, resulting in a general increase in demand. As demand increases, production increases resulting in a higher GDP.
The projects also consume many materials ranging from steel, timber, cement, and many others. The demand for materials will increase, resulting in higher production and an increase in employment.
An increase in government spending creates employment, increases income and aggregate demand resulting in increased economic activities and a higher GDP.
**ECONOMICS** A high level of education is most likely to lead to:
A. a lower overall income.
B. higher medical costs.
C. a higher unemployment rate.
D. a lower unemployment rate.
Answer:
D. a lower unemployment rate.
Explanation:
income-generating activity. It can be either full-time or part-time. One can be employed by a private firm, the government, or be self-employed.
A higher level of education equips an individual with the skills needed to get employed. Employers demand a certain level of education to hire workers. The skills to go into self-employment can be acquired through education. Therefore, the more people are educated, the higher the chances of being employed, which translates to a low unemployment rate.
Answer:
d
Explanation:
what are the two ways to organize lists of sources
organize information alphabetically
Answer:
B. Numerically by when each source is mentioned in the paper or alphabetically by the Author's last name
Explanation:
Just answered it on Ed:)
Bramble Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 76 units that cost $18 per unit. During the current month, the company purchased 478 units at $18 each. Sales during the month totaled 362 units for $43 each. What is the cost of goods sold using the LIFO method
Answer:
$6516
Explanation:
LIFO means last in, first out. It means that it is the last purchased inventory that is sold first.
Total sales in the month was 362 units, this would be taken from the inventory purchased during the month
= 362 x $18 = $6,516
It costs Marigold Corp. $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A foreign wholesaler offers to purchase 3800 scales at $15 each. Garner would incur special shipping costs of $1 per scale if the order were accepted. Marigold has sufficient unused capacity to produce the 3800 scales. If the special order is accepted, what will be the effect on net income
Answer:
The net income (loss) would be $3 per each bathroom scale should the wholesaler price offer be accepted. The effect is going to be a massive loss and possibly bankruptcy to the manufacturer on his net income.
Explanation:
From the information given above,
To produce 1 bathroom scale,
Fixed cost = $5
Variable cost = $12
Total cost = fixed cost + variable cost = $ 17
Selling price = $35
Profit = Selling price - Total cost = $35 - $17 = $18
For the wholesaler, for each bathroom scale
Price offered = $15
Total cost = $ 17
Shipping cost = $1
Loss incurred = Price offered - (Total cost + Shipping cost)
= $15 - ($17 + $1) = $3
Total loss = Loss X Qty ordered
= $3 X $3800 = $11 400
This shows that, it would amount to great loss to the manufacturer going by the net income to be realized when the wholesaler price offer to be accepted.
A suburban specialty restaurant has developed a single drive-thru window. Customers order, pay, and pick up their food at the same window. Arrivals follow a Poisson distribution, while service times follow an exponential distribution. If the average number of arrivals is 6 per hour and the service rate is 2 every 15 minutes.
What is the average number of customers in the system?
a. 0.50
b. 1.00
c. 2.25
d. 3.00
e. None of the above
What is the average number of customers waiting in line behind the person being served?
a. 0.50
b. 0.75
c. 2.25
d. 3.00
e. None of the above
What proportion of the time is the server busy?
a. 0.25
b. 0.50
c. 0.75
d. 2.25
e. 3.00
Solution :
The average number of the arrivals, λ = 6 per hour
Average service rate, [tex]$\mu = \frac{60 \times 2}{15}$[/tex]
= 8
Average number of the customers in the system is given by,
[tex]$= \frac{\lambda}{\mu - \lambda }$[/tex]
[tex]$= \frac{6}{8 - 6 }$[/tex]
= 3
Average number of the customers that are waiting in the line behind the person who are being served is,
[tex]$=\frac{\left(\frac{\lambda}{\mu}\right)^2}{1-\frac{\lambda}{\mu}} $[/tex]
[tex]$=\frac{\left(\frac{6}{8}\right)^2}{1-\frac{6}{8}} $[/tex]
[tex]$=\frac{(0.75)^2 }{0.25} $[/tex]
= 2.25
Proportion of the time the server is busy,
[tex]$=\frac{\lambda}{\mu}$[/tex]
[tex]$=\frac{6}{8}$[/tex]
= 0.75
Net sales for the year were $325,000 and cost of goods sold was $240,500 for the company’s existing products. A new product is presently under development and has an expected selling price of $40 per unit in order to remain competitive with similar products in the marketplace. The dollar amount of gross profit and the gross profit ratio for the year were:_______
a. $324,000 and 100%, respectively.
b. $84,500 and 26%, respectively.
c. $240,500 and 74%, respectively.
d. $83,500 and 74%, respectively.
Answer:
The correct answer is B.
Explanation:
Gross profit equals net sales minus cost of sales(Net sales- Cost of Sales).
Net sales = $325,000
Cost of Sales = $240,500
Therefore we have;
$325,000 - $240,500
=$84,500
Gross profit ratio is (Gross profit/net sales) x 100%
($84,500 x $325,000) x 100%
26%
When Larinda returned from training, her manager did ask how her training went but gave her a very heavy workload. We can argue that Larinda's job has a _____ climate.
Answer:
Poor transfer climate.
Explanation:
The transfer climate can be defined as a trait in working environment which may either advance or impede the application of the trained skills. It is a corporative culture that aids empolyees to transfer their the skills and knowledge they have acquired from the training and incorporate it into their work place.
In the given case, one can argue that Larinda's working place has a poor transfer climate because her manager gave her a very heavy workload to do. Larinda has just returned from training and for getting good performance out of Larinda's trained skills, her manager need to slowly incorporate her skills in job setting.
Therefore, poor transfer climate is the correct answer.
Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 3,100 Interest on investments 220 Sale of land 110 Sale of common stock 550 Issuance of debt securities 2,500 CASH PAID FOR: Interest on debt $ 320 Income tax 150 Debt principal reduction 1,450 Purchase of equipment 4,400 Purchase of inventory 900 Dividends on common stock 190 Operating expenses 800 Bad Brad's would report net cash inflows (outflows) from financing activities in the amount of: Multiple Choice $1,520. $(1,520). $1,260. $1,410.
Answer:
Net cash inflow from financing activities $1,410
Explanation:
The computation of the net cash inflows or outflows from financing activities is shown below
Cash flow from financing activities
Sale of common stock $550
Issuance of debt securities $2,500
Less debt principal reduction -$1,450
Less dividend on common stock -$190
Net cash inflow from financing activities $1,410
Hence, the last option is correct
Suppose you purchased a stock a year ago. Today, you receive a dividend of $16 and you sell the stock for $99. If your return was 11%, at what price did you buy the stock
Answer: 103.60
Explanation:
From the question, we are informed that a stock was purchased a year ago and that today, a dividend of $16 was gotten and the stock was sold for $99 while the return was 11%.
The price that the stock was bought will be:
= (Dividend + Stock sale)/(1 + Return)
= (99 + 16) /(1 + 11%)
= =(99+16)/1.11
= 103.60
Zibb is a transnational electronics company based in Germany. It has factories in China, Mexico, and India. The company aims to streamline its manufacturing operations for maximum efficiency and profit. To this end, Zibb adopts the best manufacturing and packaging practices from around the world. This also leads to the creation of a global mind-set that adopts ideas without regard to their origin. Which of the following international orientations has Zibb adopted?
A) The polycentric orientation
B) The regiocentric orientation
C) The geocentric orientation
D) The ethnocentric orientation
Assume the following information for a company with only two products: Product A Product B Total Sales $ 600,000 $ 400,000 $ 1,000,000 Variable expenses $ 200,000 $ 100,000 $ 300,000 If the break-even sales point is $580,000, then what is the total amount of fixed expenses
Answer: $406,000
Explanation:
The following can be deduced from the question:
Total sales = $1,000,000
Variable cost = $300,000
Contribution = Sales - Variable cost
= $1,000,000 - $300,000
= $700,000
Contribution ratio = $7000,00/$1,000,000 × 100 = 70%
Fixed cost = $580,000 × 70%
= $580,000 × 0.7
= $406,000
PLS HELP!!
Type the correct answer in the box. Spell all words correctly.
Which aspect should businesses consider when trying to sell a product?
Instead of a product's features, a business should try to sell through a product's
because they describe what customers
can gain from the product.
Answer:
Benefits
Explanation:
Both existing and potential customers attached the value of a product to its perceived benefits rather than its technical features.
When selling a product, businesses should focus more on communicating the benefits of a commodity than its features. Customers are more concerned with the advantages they stand to gain by consuming goods or services.
Focusing on benefits allows a business to set high prices and differentiate the product from its competitors. Communicating benefits creates a psychological conviction on customers, making them want to buy the product, thereby increasing sales.
Answer:
Features
Explanation:
Got it right plato
FLASH Delivery has EPS of $6.00 per share and has a payout ratio of 40%. Its dividend is expected to grow at a rate of 5.25%. If FLASH stock is trading at $22.86, then the shareholder's required return is closest to:_______
a. 14.2%
b. 15.7%
c. 16.3%
d. 16.9%
Answer:
The answer is "Option c"
Explanation:
The Dividend payout ratio is 40% so that EPS* is the dividend payout ratio of the company:
[tex]= 6 \times 40 \% \\\\= \$ \ 2.40[/tex]
Inventory market value:
[tex]= Dividend \times \frac{(1+g)}{(r-g)}[/tex]
Where r = return rate is needed
g= growth [tex]= 5.25\% = \frac{5.25}{100} = 0.0525[/tex]
[tex]\to 22.86 = \frac{(2.4 \times (1+g))}{ r-0.0525}\\\\\to 22.86 = \frac{(2.4 \times (1+0.0525))}{r-0.0525}\\\\\to (22.86 \times r)-(22.86 \times 0.0525)=2.526\\\\\to (22.86 \times r)-1.20015=2.526\\\\\to 22.86r=3.72615\\\\\to r=0.1630\\\\\to r=16.30 \%[/tex]
John's dairy makes and sells homemade ice cream. He uses a machine he bought 15 years ago for $1,500. The machine still works but is so old that nobody else would be willing to buy it, as they would prefer buying a new one that would last longer. John's opportunity cost of continuing to use this machine is
Answer: zero
Explanation:
Opportunity cost is simply defined as what an individual forgoes when he or she is confronted with choices to make and makes a particular economic decision.
In this scenario, since we are told that nobody else would be willing to buy the machine, as they would prefer buying a new one that would last longer. It implies that John's opportunity cost of continuing to use this machine is zero since he has nothing to lose.
Entry into a market by new firms will increase the:_______
a. supply of the good.
b. profits of existing firms.
c. price of the good.
d. marginal cost of producing the good.
Answer:
The right approach is Option a (supply of the good).
Explanation:
Supply would increase substantially of some more production. Increasing the income of established businesses wouldn’t rise, as there has been increasing competitiveness. This similar value of the product is likely to decline due to further fulfillment as well as the same requirement. Marginal costs would never be compromised.Anyone else alternatives possible does not apply to the situation throughout the question. That's the right thing above.
On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to receive a base fee of $4,500 for his services in addition to a bonus depending on when the project is completed. Nolan created incentives for Bob to finish the barn as soon as he can without jeopardizing the structural integrity of the barn. Nolan offered to pay an additional 30% of the base fee if the project finished 2 weeks early and 10% if the project finished a week early. The probability of finishing 2 weeks early is 30% and the probability of finishing a week early is 60%. What is the expected transaction price with variable consideration estimated as the expected value? Multiple Choice $5,175 $4,500 $6,175 $4,275
Answer:
a. $5,175
Explanation:
Expected transaction price with variable consideration estimated as the expected value = $4,500 + (30%*$4,500*30%) + (10%*$4,500*60%) + (0%*$4,500*10%)
= $4,500 + $405 + $270 + $0
= $5,175
So, the expected transaction price with variable consideration estimated as the expected value is $5,175
Sammy, a calendar year cash basis taxpayer who is age 66, has the following source of income and expenses: Salary $90,000 IRA Distribution - Roth IRA $10,000 Medical expenses ($8,000) Sammy also made a charitable contribution of ABC Shares. The FMV at the date of the contribution was $5,000. Sammy inherited the shares 5 years ago. At that time the FMV of the shares was $3,500. Based on this information, Sammy has:
Answer:
Adjusted Gross income of $90,000
Explanation:
The computation of the adjusted gross income is as follows:
Salary income- 90,000
IRA Distribution $0
Adjusted Gross Income $90,000.
We assume the IRA distribution is a tax free
Therefore the sammy has the adjusted gross income of $90,000 and the same is to be considered
Perfect competition is characterized by all of the following except I - Many producers and consumers II - Homogeneous products III - Heavy advertising by individual sellers IV - Each firm is a price taker
Answer:
III - Heavy advertising by individual sellers
Explanation:
Perfect competition occurs when producers supply relatively homogeneous products and consumers have all information relevant for making a purchase.
So no single entity has the power to control price of commodities in the market.
All forms are price takers meaning the prevailing price in the market will apply to all forms.
Entry and exit of firms is also free for firms.
In perfect competition heavy advertising is not necessary because funds will be wasted in promoting a homogeneous product.
The Fresh Fish sushi restaurant opened a year ago in Mahwah, NJ. Assume the sushi market operates in perfect competition and the timeframe is the short run. Suppose sushi restaurants are earning economic profits. New competitors will ___ the market; the overall quantity of sushi available in Mahwah will ___ and Fresh Fishes share of the market will ___
Incomplete question. The options:
a. Enter, decrease, increase
b. Enter, increase, decrease
c. Enter, increase, increase
d. Exit, decrease, decrease
Answer:
b. Enter, increase, decrease
Explanation:
What happens basically in this scenario is what we find in real life when a company launches a very successful product or service, other existing or previously not existing companies may begin to offer the same type of service (eg Uber's ride-sharing service).
So as The Fresh Fish makes economic profits, this will attract new competitors to enter the sushi market; thereby making the overall quantity of sushi available in Mahwah to increase because of the increase in sellers and Fresh Fishes' share of the market will decrease.
Lucy's Music Emporium opened its doors on January 1, 2015, and it was granted permission to use the same depreciation calculations for shareholder reporting and income tax purposes. The company planned to depreciate its fixed assets over 20 years, but in December 2015 management realized that the assets would last for only 15 years. The firm's accountants plan to report the 2015 financial statements based on this new information. How would the new depreciation assumption affect the company's financial statements? a. The firm's reported 2015 earnings per share would increase. b. The firm's EBIT would increase. c. The firm's net liabilities would increase. d. The firm's reported net fixed assets would increase.
Answer:
The firm's cash position in 2015 and 2016 would increase.
Explanation:
In the case when the life of an asset would decrease that represents the depreciation would rise and if the depreciation rise so the EBIT and EPS would reduced and in the case when the EBIT reduced, so automatically the tax expense is also reduce
So, the cash position of the firm woud increase
Hence, the above represents the answer
Randy W. recently won the Western States Lottery. The lottery pays either a total of twenty $325,000 payments per year with the first payment today (i.e., an annuity due), or $3,500,000 today. At what interest rate would Randy be financially indifferent between these two payout choices?
Answer: 8.92%
Explanation:
The interest rate that would make Randy indifferent is the one that will discount the twenty payments of $325,000 to $3,500,000 today.
Use Excel's Rate function to find this rate;
=RATE (No of periods, annual payments, present value, future value, Annuity due = 1)
=RATE(20,350000,-3500000,0,1)
= 8.92%
On September 1, Ziegler Corporation had 63,000 shares of $5 par value common stock, and $189,000 of retained earnings. On that date, when the market price of the stock is $15 per share, the corporation issues a 2-for-1 stock split. The general journal entry to record this transaction is:_________
a. Debit Retained Earnings $945,000; credit Common Stock $945,000.
b. Debit Retained Earnings $315,000; credit Common Stock $315,000.
c. Debit Retained Earnings $315,000; credit Stock Split Payable $315,000.
d. Debit Retained Earnings $945,000; credit Common Stock Split Distributable $945,000.
e. No entry is made for this transaction.
Answer:
e. No entry is made for this transaction.
Explanation:
When a corporation splits stocks it doesn't have to record any type of journal entry. This happens because no account balance actually changes, only the total number of stocks outstanding and the par value per stock will change. But the balance of the common stocks account will be the same.
This type of transactions are recorded in the footnotes or in a memo entry in the financial statements, but no journal entry.
The Draper Corporation is considering dropping its Doombug toy due to continuing losses. Data on the toy for the past year follow: Question 34 - Final If the toy were discontinued, Draper could avoid $8,000 per year in fixed costs. The remainder of the fixed costs are not avoidable. Suppose that if the Doombug toy is dropped, the production and sale of other Draper toys would increase so as to generate a $16,000 increase in the contribution margin received from these other toys. If all other conditions are the same, the financial advantage (disadvantage) from discontinuing the production and sale of Doom Bugs would be:
Answer:
the financial disadvantage is -$6,000
Explanation:
The computation of the financial advantage or disadvantage is as follows
= Lost of the contribution margin + avoidable fixed cost + increase in contribution margin
= -$30,000 + $8,000 + $16,000
= -$6,000
It should not be dropped as the saving cost is lower than the contribution loss
Hence, the financial disadvantage is -$6,000