Answer:
50yrs 4 mth
Explanation:
Because 8yrs 4mth × 6 girls = 50yrs 4mth
The total age of 6 girls is 50 years. The correct answer would be an option (D).
What is the arithmetic mean?The arithmetic mean is defined as the ratio of the sum of observations to the total number of observations. It can be referred to as the average of a specific set of data or the arithmetic mean.
The total age of the 6 girls can be calculated by multiplying the average age by the number of girls.
Since the average age is 8 years 4 months, we can multiply this by 6 to find the total age:
Total age = 8 years 4 months × 6
Total age = 48 years 0 months + 24 months
Total age = 48 years + 2 years
Total age = 50 years
Therefore, the total age of 6 girls is 50 years.
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PLEASE HELP!
Your family purchased new living room furniture on credit at the store, which is a simple interest loan. If your family paid $300.00 in interest on the principal of $1,000.00
over 5 years, what was the rate of the loan?
1.) 6%
2.) 8%
3.) 4%
4.) 2%
The Drogon Co. just issued a dividend of $2.96 per share on its common stock. The company is expected to maintain a constant 5 percent growth rate in its dividends indefinitely. If the stock sells for $35 a share, what is the company's cost of equity
Answer: 13.88%
Explanation:
The cost of equity can be used along with the variables given to calculate the price of a share using the Gordon Growth model so this can be remodeled to solve for the cost of equity.
Price of stock = (Dividend * (1 + growth rate)) / (cost of equity - growth rate)
35 = (2.96 * (1 + 5%)) / (cost of equity - 5%)
35 = 3.108 / (cost of equity - 5%)
(cost of equity - 5%) * 35 = 3.108
Cost of equity - 5% = 3.108 / 35
Cost of Equity = (3.108 / 35) + 5%
= 13.88%
The aggregate supply-aggregate demand model predicts that the short-run effects of a temporary but severe oil-cutoff would be:_____
Incomplete question.
Options;
a. A decrease in the price level and an increase in real output.
b. An increase in both the price level and real output.
c. An increase in the price level and a decrease in real output.
d. A decrease in both the price level and real output.
Answer:
c. An increase in the price level and a decrease in real output.
Explanation:
Remember, aggregate supply often refers to the total output of goods and services in an economy available for sale While aggregate demand refers to the total value of the money spent on the goods and services produced in an economy.
Note also, what this means is that as a result of the severe oil-cutoff, the supply of oil would reduce greatly, and with lower supply in the short-run; we would expect the price level to increase.
However, as the price level increases, in the short-run, there would be an immediate decrease in the real output of oil among producers.
your firm is considering an investment that will cost $920 000 today, what is the investment's net present value
Answer:
The correct option is d. $192,369.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
Your firm is considering an investment that will cost $920,000 today. the investment will produce cash flows of $450,000 in year 1, $270,000 in years 2 through 4, and $200,000 in year 5. the discount rate that your firm uses for projects of this type is 11.25%. what is the investments net present value?
a. $378, 458
b. $540,000
c. $112,583
d. $192,369
The answer to the question is now provided as follows:
Net present value (NPV) is calculated by deducting the present value of cash outflows from the present value of cash inflows over a period of time.
Note: See the attached excel file for the calculation of the net present value (NPV).
From the attached excel file, we have:
r = Discount rate = 11.25%
Net present value (NPV) = 192,369
Therefore, the correct option is d. $192,369.
On March 2, Blue Ribbon sold $887,400 of merchandise to Lumberyard Inc. with terms 2/10, n/30. The cost of the merchandise sold was $571,700. Lumberyard Inc. pays the balance owed on March 11.
Required:
How much does Lumberyard pay on March 11?
Answer:
Payment will be = $869652
Explanation:
The terms of the credit sale to Lumberyard were 2/10, n/30 which means that Lumberyard was entitled to receive a 2% discount if the payment is made within 10 days of purchase of merchandise while the total credit period was of 30 days. As Lumberyard has paid the balance owed on 11 March and within the discount period, the amount paid by Lumberyard and the discount received will be,
Discount received = 887400 * 0.02 = $17748
Payment will be = 887400 - 17748 = $869652
A friend asks to borrow $635.52 today and promises to repay you $1,000 with interest compounded annually at 12%. How many years (compounding periods) will pass before you receive the payment
Answer:
4 years
Explanation:
We can calculate the years (compounding periods that) will pass before you receive the payment by calculating the PV factor at 12% as follows.
DATA
Amount borrowed = $635.52
future amount = $1,000
Interest rate = 12%
Time period (n) = ?
Solution
Amount borrowed = future amount x Present value factor (12%, n)
$635.52 = $1,000 x PV factor(12%, n)
0.63552 = PV factor(12%, n)
If you see in a discount table yu wi see 0.63552 in the fourth row of 12% rate that means it will take 4 years to receive the payment.
The results of unethical behavior in a business can be catastrophic, both financially and in reputation. Clearwater Electronics currently has a solid reputation as an ethical organization and wants to maintain that reputation. Top management has tasked the HR department to reinforce ethical behavior consistently throughout the company. Given that responsibility, why is it especially important for the HR professionals themselves to behave ethically?
Answer:
Throughout the description segment below the overview according to the particular instance is defined.
Explanation:
Even though HR professionals become capable just of establishing as well as maintaining a healthy work atmosphere throughout positions of responsibility, it's indeed crucial that they somehow behave responsibly. This same HR department must therefore implement professional HR activities ensuring that they're being a model citizen again for the majority including its corporation's representatives.Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $120,000. The asset is expected to have a salvage value of $15,500 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the asset's book value on December 31, Year 2 will be:
Answer: 50400
Explanation:
- Straight-line rate= 100%/ 5 years= 20%
- Double declining Expense= 20% x 2= 40%
From Oct1 to Dec 31 is 9 months/ 12 months a year
- Depreciation Expense year 1= $120000x 0.4x 9/12= $36000
- Book value year 1= beginning year 2= $120000-$36000= $84000
- Book value year 2= $84000- ($84000x0.4)= $50400
The asset is valued at $60,000 at the end of year 2 December by using the asset depreciated on the double-declining-balance method.
What is Depreciation?Depreciation is allocated to charge a reasonable percentage of the depreciable value throughout each accounting period for the asset's anticipated useful life.
Given,
Purchase Value = $120,000 ( On October 1)
Expected Life = 5 Years
Salvage Value = $15,500
Required to calculate asset value at the End of Year 2 =?
Depreciation Rate = Book Value x 2 divided by Life of Asset
= $120,000 x 2/5 = $48,000
Depreciation Rate = 48,000 x 100/ 120,000 = 40%
Book Value of Year 1 = 120,000 - 120,000 x 40% x 3/12 = $108,000
Book Value for end Year 2 = $108,000 - 120,000 x 40% = $60,000.
Thus, the Book value of the asset at end of year 2 is $60,000.
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On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:
I need help with the analysis part. Thank you!
Answer:
first part
Return on equity = net income / equity =
net income = total revenue - expenses = $66,500 - $42,700 (salaries) - $6,900 (utilities) - $8,000 (supplies) - $1,675 (depreciation) - $2,700 (taxes) = $4,525
equity = $153,200 (Dec. 31 balance) + $42,000 (new stocks issued) - $20,000 (treasury stocks) - $3,620 (dividends) + 17,600 (treasury stocks sold) + $4,525 (net income) = $193,705
ROE = $4,525 / $193,705 = 2.34%
The company is less profitable than other companies in the same industry.
second part
total stocks outstanding = 18,100
third part
EPS for January = $4,525 / 18,100 = $0.25
EPS for January is higher than last year's average
Assume you just deposited $1,000 into a bank account. The current real interest rate is 7.00% and inflation is expected to be 8.00% over the next year. What nominal interest rate would you require from the bank over the next year? How much money will you have at the end of one year? If you are saving to buy fancy bicycle that currently sells for $1,050, will you have enough money to buy it?
Answer:
a) The nominal interest rate that I would require from the bank over the next year is 15%.
b) At the end of one year, I will have $1,150.
c) If I am saving to buy a fancy bicycle that currently sells for $1,050, I will have enough money ($1,150) to buy it. It will be costing $1,134 ($1,050 * 1.08) with inflation rate of 8% in one year's time.
Explanation:
The nominal interest rate (15%) is higher than the real interest rate (7%) when inflation is positive because the real interest rate is adjusted for inflation (at 8%). The real interest rate is the rate without inflation while the nominal interest rate factors in the inflation rate.
Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero. The growth rate is negative. The required rate of return is greater than the growth rate. The required rate of return is more than 50%. None of the above assumptions would invalidate the model. -Select-
Answer:
e. None of the above assumptions would invalidate the model
Explanation:
Incomplete question "The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"
According to dividend discount model,
P0 = D1/(R-G)
D1 - Dividend at t =1
R - Required rate
G - Growth rate
This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.
Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should
Answer: invest in US savings bonds because of its short term.
Explanation: Investing in savings bonds will help Julie get more money so she can buy her car but at the same time have more money. Julie can get her money out in no time if she needs it and she'll have bigger profits.
Answer:
Its B
Explanation:
2022 edge
Cash consists of: a. coin, currency, and postage stamps. b. coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository. c. coins, currency, postage stamps, money on deposit in a bank. d. all of the above.
Answer:
b. coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository.
Explanation:
Cash consists of coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository. Cash is distinct from postage stamps, credit, money orders or checks that are not physically being held by the holder.
Cash can be defined as a legal tender such as money in its physical form which can typically be used to purchase goods and services, as well as pay debt.
Sledge Co. manufactures a product requiring 1.5 lbs. of raw material for each finished unit. The beginning inventory of raw materials in March was 5,000 lbs. The company wants an inventory of 2,500 lbs at the end of March. Production for March will be 4,000 units. How many lbs. of raw material must be purchased in March
Answer:
Purchases= 3,500lbs
Explanation:
Giving the following information:
Production= 4,000*1.5= 6,000 lbs
Beginning inventory= 5,000 lbs
Ending inventory= 2,500 lbs
To calculate the direct materials purchase, we need to use the following formula:
Purchases= production + desired ending inventory - beginning inventory
Purchases= 6,000 + 2,500 - 5,000
Purchases= 3,500lbs
Answer:
Sledge Co./
3,500 Ibs. of raw materials must be purchased in March.
Explanation:
a) Data and Calculations:
Purchases of raw materials:
Expected ending inventory = 2,500 Ibs.
Production for March (4,000 x 1.5 Ibs.) = 6,000 Ibs.
Raw materials available for production = 8,500 Ibs.
Less beginning inventory = 5,000 Ibs.
Purchases = 3,500 Ibs.
b) The units to be purchase is the difference between raw materials expected to be available for production and the beginning inventory. Since the expected ending inventory is 2,500 Ibs. and the units to be produced during March is 4,000 units, which will use 6,000 Ibs (4,000 * 1.5 Ibs.), therefore, the total units of raw materials required is 8,500 Ibs. When the inventory of raw material is taken away, the difference is the Purchases of materials to be made during March.
The market price of an $1,000,000, ten-year, 12% (pays interest semiannually) bond issue sold to yield an effective rate of 10% is:______
a. $1,124,623.
b. $1,872,360.
c. $1,122,890.
d. $1,133,270.
Answer:
Bond price= 1,124,622
Explanation:
Giving the following information:
Face value= $1,000,000
Number of periods= 10*2= 20
Cupon rate= 0.12/2= 0.06
YTM= 0.1/2= 0.05
To calculate the bond price, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 60,000*{[1 - (1.05^-20)] / 0.05} + [1,000,000 / 1.05^20]
Bond Price= 747,732.62 + 376,889.48
Bond price= 1,124,622
Curtis invests $700,000 in a city of Athens bond that pays 9.00 percent interest. Alternatively, Curtis could have invested the $700,000 in a bond recently issued by Initech, Incorporated that pays 11.00 percent interest with similar risk as the city of Athens bond. Assume that Curtis's marginal tax rate is 24 percent. How much implicit tax would Curtis pay on the city of Athens bond?
Answer:
$14,000
Explanation:
Calculation for How much implicit tax would Curtis pay on the city of Athens bond
Using this formula
Implicit tax=(Amount invested*Initech Interest rate)- (Amount invested* Athens bond Interest rate)
Let plug in the formula
Implicit tax=(11%*$700,000)- (9%*$700,000)
Implicit tax=$77,000-$63,000
Implicit tax=$14,000
Therefore the implicit tax that Curtis would pay on the city of Athens bond will be $14,000
This afternoon, Northern Railways paid an annual dividend of $2.44 per share. The company has been increasing the dividends by 15 percent each year. How much are you willing to pay to purchase stock in this company if your required rate of return is 16 percent?
a. $7.87
b. $207.40
c. $36.60
d. $6.69
e. $280.60
Answer:
P0 = $280.60
Option e is the correct answer.
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g) / (r - g)
Where,
D0 is the dividend today or paid recentlyD0 * (1+g) is dividend expected for the next period /year g is the growth rate r is the required rate of returnP0 = 2.44 * (1+0.15) / (0.16 - 0.15)
P0 = $280.60
Charlie is at the top of her company's organization chart. Which of the following is most likely to be her job title?
How long do you believe it would take you to be ready for a leadership position? :
Answer:
1 day
Explanation:
Marigold Corp. reported sales of $2200000 last year (80000 units at $20 each), when the break-even point was 44000 units. Marigold’s margin of safety ratio is:_______
Answer:
the margin of safety ratio is 45%
Explanation:
The computation of the margin of safety ratio is shown below:
The Margin of safety ratio is
= (Actual sales unit - break even sales unit) ÷ (Actual sale unit)
= (80,000 units - 44,000 units) ÷ (80,000 units)
= 36,000 units ÷ 80,000 units
= 45%
Hence, the margin of safety ratio is 45%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Project L costs $70,000, its expected cash inflows are $16,000 per year for 8 years, and its WACC is 13%. What is the project's discounted payback?
Answer:
6.89 years
Explanation:
The discounted payback period can be calculated by using the following table
Year Cash flows PV(13%) Cumulative Cash flows
0 (70000) (70000) (70000)
1 16000 14159.29 (55840.71)
2 16000 12530.35 (43310.36)
3 16000 11088.80 (32221.56)
4 16000 9813.10 (22408.46)
5 16000 8684.16 (13724.30)
6 16000 7685.10 (6039.20)
7 16000 6800.97 761.77
8 16000 6018.56 6780.33
Discounted Payback = 6 years + 6039/ 6801
Discounted Payback = 6.89 years
Pharoah Corp. management plans to issue seven-year zero coupon bonds. It has learned that these bonds will sell today at a price of $441.46. What is the yield to maturity on these bonds?
Answer:
12.391%
Explanation:
The yield to maturity on the seven-year zero coupon bond can be determined using the present value below:
PV=FV/(1+r)^n
PV=current price=$441.46
FV=face value at redemption=$1000
r=unknown yield to maturity
n=duration of the zero coupon=7 years
441.46=1000/(1+r)^7
1000/441.46=(1+r)^7
divide index by 7 on both sides
( 1000/441.46)^(1/7)=1+r
1.123905524 =1+r
r=1.123905524 -1=12.39%
Andre is a new product designer for a restaurant supply company. Andre therefore works in a ________ department.
A) functional
B) service
C) line
D) matrix
E) staff
Answer:
Option C: line
Explanation:
An organization always has a functional structure. Its structure are group into sectors or structure based on specific areas, such as finance, or marketing and others.
A line department is a part of organization structure that is responsible for an organization core work such as production and sales, and others.
Product designers are simply said to be individuals who have design skills or knowledge and therefore uses it along with their technical know-how/knowledge to develop or improve the outlook(way) that already-made (existing) products work and look, and/or make them at a lower cost.
They must have technical and human-centered design and also be actively involved in the designing process of a new products line.
Shiny Industries producers of crab meat can issue perpetual preferred stock at a price of $31.86 per share. The stock would pay a constant annual dividend of $4.85 per share. What is the company's return on preferred stock (r)
Answer:
the return on the preferred stock is 15.22%
Explanation:
The computation of the return on the preferred stock is shown below:
Return on Preferred Stock is
= Constant annual Dividend ÷ Price × 100
= $4.85 ÷ $31.86 × 100
= 15.22%
Hence, the return on the preferred stock is 15.22%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
why is digital presence is important
Give 3 reasons
I will give brainliest answer
Answer:
1.)A “digital presence” simply refers to how your business appears online; it's what people find when they search for your business or company on the internet. Digital presence includes content that you control, like your website and social media profiles, but also content that you don't control, such as online reviews.
2.)Job Security:This may seem like it should go without saying, but keeping a professional online presence is very important to keep your job! Your employers need to know that you are not going to hurt the brand and image of the company. ... Then keeping your online presence professional is key.
3.)The Importance of Having an Online Presence is Crucial Now More Than Ever. During this pandemic, it is critical businesses must be online. Having an online presence can help you build an audience, connect with your customers, and keep them updated on your day to day activities, as well as hours of operation.
On January 1, 2016, Horton Inc. sells a machine for $23,000. The machine was originally purchased on January 1, 2014 for $40,000. The machine was estimated to have a useful life of 5 years and a residual value of $0. Horton uses straight-line depreciation. In recording this transaction:
Answer:
The entry to record this transaction will be,
Accumulated depreciation 16000
Cash 23000
Loss on disposal 1000
Machine 40000
Explanation:
The straight line method of depreciation charges a constant depreciation expense throughout the useful life of the asset. The formula to calculate depreciation expense per year under this method is,
Depreciation expense per year = (Cost - Residual value) / Estimated useful life of the asset
Depreciation expense per year = (40000 - 0) / 5 = $8000 per year
The net book value of the machine on 1 January 2016 = 40000 - (8000 * 2)
NBV = $24000
As the machine was sold for $23000, the loss on disposal will be,
Loss on disposal = 23000 - 24000 = -1000 or $1000 loss
Beyoncé has more than 15 million followers. It is possible that she reached this number of real-people followers organically and over time. In contrast, there are companies that provide a service where Toto could have purchased a large number of ___________
Answer:
Bot/Spam.
Explanation:
In a case of this such a ghost/spam/bot is been put to place in the help in this follower earnings. This is said to be called social bots; they are often used in a lot of cases in helping to gain sales leads, followers, and drives money ultimately to the assigned follower. Bots of this kind are known to be algorithms used with these social media profiles to create dealings with other people's content. It is particularly seen to attracts engagement with the profile linked to the algorithm, from both real users and other bots.
These bots are seen to always seen to target users with some connection to whatever it is they are ultimately trying to sell.
Annyeonghaseyo, I have 1000+ followers in my Indian account Coz I'm an Indian, if you don't believe, then watch my following. This is just aI wanted to say.
Answer:
but annyeonghaseyo is a korean greeting ?
What is the value of a stock that is expected to pay a constant dividend of $2 per year if the required return is 15%
Answer:
the value of the stock is $13.33 per share
Explanation:
The computation of the value of the stock is shown below:
The Value of the stock is
= Constant annual dividend ÷ required rate of return
= $2 ÷ 0.15
= $13.33 Per share
Hence, the value of the stock is $13.33 per share
We simply applied the above formula so that the correct value could come
And, the same is to be considered
A company purchases supplies on account for $2,200. Indicate the amount of increases and decreases in the accounting equation.
Answer:
Assets increase by $2200: liabilities increase by $2200
Explanation:
The accounting equation is expressed as below.
Assets = Owners Equity + Liabilities.
Making purchases on account means buying on credit. Purchasing Supplies on credit will increases the debts( liabilities) of the company by $2200.
Supplies will belong to the business; hence assets will increase by $2200