Viy Cortez is a successful businesswoman from the Philippines. She is a self-made millionaire who has achieved success through hard work and determination.
What is business?Business is an activity of creating goods or services which have value and can be exchanged in a marketplace or other transaction. Business involves the production, distribution, and exchange of goods and services, and involves a variety of activities from entrepreneurship and marketing to finance and technology.
Viy Cortez's personal background is one of hard work and dedication. She grew up in a family of modest means and has worked since she was a young girl. She credits her parents for instilling in her a strong work ethic and determination to succeed.
Viy Cortez's educational background is equally impressive. She received a Bachelor's degree in Business Administration from the University of the Philippines. She also completed a Master's degree in Entrepreneurship at the Asian Institute of Management.
Viy Cortez's unique traits contribute to her success. She is a strong leader who is driven and focused on achieving her goals. She is also an excellent communicator and negotiator who knows how to get the best deal for her business ventures.
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which of the following is true of mortgage-backed securities? a) mortgage-backed securities assure a flat 15% return. b) mortgage-backed securities are guaranteed by the u.s. government. c) mortgage-backed securities can only be purchased by investment banks. d) mortgage-backed securities represent claims on the cash flows generated by a pool of homeloans.
The correct option is (d): Mortgage-backed securities represent claims on the cash flows generated by a pool of home loans.
What are Mortgage-Backed Securities?
Mortgage-backed securities (MBS) are debt securities backed by the payments of interest and principal on a pool of residential mortgages. The cash flows are sold to investors, who collect the monthly payments from a large number of individual mortgage loans.
Mortgage-backed securities are a type of asset-backed security that allows investors to bet on the success or failure of a specific market sector. A mortgage pool's mortgage payments are separated into principal and interest portions.
The portion of interest paid is separated and sold as a mortgage-backed security, with the principal portion remaining in the pool of mortgage loans.
What is the meaning of the following option: (a) Mortgage-backed securities assure a flat 15% return?
Mortgage-backed securities are not guaranteed to provide a flat 15% return. The return on investment (ROI) of mortgage-backed securities is determined by the creditworthiness of the mortgage loans in the underlying pool, as well as the interest rates prevailing in the market when the securities are issued. Therefore, Option (a) is false.
What is the meaning of the following option: (b) Mortgage-backed securities are guaranteed by the U.S. government?
Mortgage-backed securities are not guaranteed by the US government. However, certain types of mortgage-backed securities are guaranteed by the Federal Housing Administration, Fannie Mae, or Freddie Mac, all of which are US government-sponsored entities. As a result, option (b) is false.
What is the meaning of the following option: (c) Mortgage-backed securities can only be purchased by investment banks?
Mortgage-backed securities may be purchased by a variety of institutional investors, including banks, investment banks, pension funds, mutual funds, and hedge funds, as well as private individuals. As a result, option (c) is false.
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Problem 6-3A Record transactions and prepare a partial income statement using a perpetual inventory system (LO6-2, 6-5)
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At the beginning of July, CD City has a balance in inventory of $3,150. The following transactions occur during the month of July.
July 3 Purchase CDs on account from Wholesale Music for $2,050, terms 2/10, n/30.
July 4 Pay cash for freight charges related to the July 3 purchase from Wholesale Music, $120.
July 9 Return incorrectly ordered CDs to Wholesale Music and receive credit, $200.
July 11 Pay Wholesale Music in full.
July 12 Sell CDs to customers on account, $5,300, that had a cost of $2,750.
July 15 Receive full payment from customers related to the sale on July 12.
July 18 Purchase CDs on account from Music Supply for $2,850, terms 2/10, n/30.
July 22 Sell CDs to customers for cash, $3,950, that had a cost of $2,250.
July 28 Return CDs to Music Supply and receive credit of $250.
July 30 Pay Music Supply in full.
Problem 6-3A Part 1
The partial income statement will be:
Date Account Titles Debit $ Credit $
July.3 Inventory 2,050
Accounts payable - Wholesale Music 2,050
July.4 Inventory 120
Cash 120
July.9 Accounts payable - Wholesale Music 200
Inventory 200
July.11 Accounts payable - Wholesale Music 1,850
(2,050 - 200 )
Inventory ( 1,850 x 2% ) 37
Cash 1,813
July.12 Accounts receivable 5,300
Sales 5,300
July.12 Cost of goods sold 2,750
Inventory 2,750
July.15 Cash 5,300
Accounts receivable 5,300
July.18 Inventory 2,850
Accounts payable - Music Supply 2,850
July.22 Cash 3,950
Sales 3,950
July.22 Cost of goods sold 2,250
Inventory 2,250
July.28 Accounts payable - Music Supply 250
Inventory 250
July.30 Accounts payable - Music Supply 2,600
( 2,850 - 250 )
Cash 2,600
What is a partial income statement?It should be noted that professionals may generate a partial income statement as a financial record for a business to review during a brief accounting period.
Only a few line items from a financial report, such as gross margin profit or general revenue, are typically included in partial income statements.
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which of the following is not a reason why innovation is the primary source of competitive advantage? group of answer choices innovation can allow companies to lower their cost structure below its rivals. innovation raises the cost of production. innovation brings new products better suited to meet customer needs. innovation improves the quality of existing products. innovation can allow companies to differentiate its products.
Out of the options given, innovation raises the cost of production is not a reason why innovation is the primary source of competitive advantage.
The reason why innovation is the primary source of competitive advantage is that it brings new products better suited to meet customer needs.
What is innovation?Innovation refers to the process of creating something new that has value. This "something new" could be a product, process, or idea that is both original and useful. The following are the reasons why innovation is the primary source of competitive advantage:
Innovation can allow companies to lower their cost structure below its rivals.Innovation can allow companies to differentiate its products.Innovation improves the quality of existing products.Innovation brings new products better suited to meet customer needs.
Out of the options given, innovation raises the cost of production is not a reason why innovation is the primary source of competitive advantage.
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smokemaster grills, a maker of home and commercial outdoor grills, shrank its ordering and delivery team by taking most of its operations online and increased its fleet of trucks to decrease delivery time. these actions can be described as
Smokemaster Grills, a producer of household and commercial outdoor grills, has decreased its ordering and delivery team by taking most of its operations online and increased its fleet of trucks to minimize delivery time. These actions can be defined as streamlining processes and optimizing resources.
What are the most essential benefits of streamlining processes and optimizing resources?Streamlining processes and optimizing resources are essential to businesses in several ways, including:
Enhanced quality controlImproved time managementHigher efficiency and productivityImproved customer satisfactionReduced costsStreamlining processes and optimizing resources enable a business to become more efficient and productive. This also means that the business can offer better customer service, lower prices, and ultimately, become more competitive.
Thus, the given statement that Smokemaster Grills shrank its ordering and delivery team by taking most of its operations online and increased its fleet of trucks to decrease delivery time can be described as streamlining processes and optimizing resources.
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What is the primary purpose of a business message?
Group of answer choices
A.To promote goodwill
B.To sell people stuff
C.To inform or persuade
D.To promote goodwill and To sell people stuff
The primary purpose of a business message is C) to inform or persuade its intended audience.
This could be in the form of a sales pitch, a marketing campaign, or an informative announcement. The message is designed to convey important information about the company, its products or services, or any relevant updates or changes.
Ultimately, the goal is to achieve a desired outcome, whether that's making a sale, securing a partnership, or simply informing the audience about important information.
While promoting goodwill is certainly an important aspect of business communication, it is not the primary purpose. However, a well-crafted business message can certainly help build and maintain positive relationships with customers, partners, and other stakeholders.
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Describe the 4 types of pricing strategy available to a
marketing manager?
The four types of pricing strategy available to a marketing manager are:
Cost-plus pricing: This strategy involves adding a markup percentage to the cost of producing a product to determine its selling price.Value-based pricing: This approach involves setting prices based on the perceived value of the product to the customer. The goal is to capture as much of the customer's willingness to pay as possible.Penetration pricing: This strategy involves setting a low initial price to quickly gain market share and attract new customers. The price is then raised once the product has gained acceptance in the market.Skimming pricing: This approach involves setting a high initial price to capture the most profit from early adopters of a new product. The price is then gradually lowered over time to attract more price-sensitive customers.The marketing manager must carefully consider factors such as competition, production costs, and consumer demand when selecting the appropriate pricing strategy.
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What is the estimated current price of a share of ABC Company stock based on the Dividend Growth Model? The annual required rate of return is 14.1%. ABC just paid their annual dividend of $3.96 a share and the expected growth rate of the dividend is 4.1% per year.
The estimated current price of a share of ABC Company stock based on the Dividend Growth Model is $93.72.
This is calculated by taking the present value of the future dividends of ABC Company, discounted at the annual required rate of return of 14.1%. ABC Company just paid an annual dividend of $3.96 a share and the expected growth rate of the dividend is 4.1% per year.
Therefore, the price is calculated by dividing the dividend by the required rate of return and then subtracting the expected dividend growth rate. The calculation is: $3.96 / 0.141 - 0.041 = $93.72.
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From 2013 to 2018 Beer Brothers, Inc., has paid dividends of $2.28, $2.38, $2.46, $2.52, $2.56, and $2.66. Use an Excel spreadsheet, like this template , to find Brothers's historical dividend growth rate. Question content area bottom Part 1 The historical dividend growth rate is %. (Round to two decimal places.)
From 2013 to 2018, Beer Brothers, Inc. has paid dividends of $2.28, $2.38, $2.46, $2.52, $2.56, and $2.66. To find the historical dividend growth rate, you can use an Excel spreadsheet.
Using this template, enter the dividend amounts in column A, and in column B, enter the year. Then in column C, calculate the rate of change by subtracting the value in cell A2 from the value in cell A1 and divide by the value in cell A1.
Then repeat the formula down the column, subtracting the value in the current row from the value in the previous row and dividing by the value in the previous row. The historical dividend growth rate is 4.87% (rounded to two decimal places).
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[Short-Answer] What are the main advantages of Qualitative
Research relative to Quantitative Research?
Qualitative and quantitative research have different approaches and methods, qualitative research can provide a deeper, more flexible and meaningful understanding of the investigated phenomena compared to quantitative research, which focuses on the measurement of phenomena.
The main advantages of qualitative research compared to quantitative research:
Depth: Qualitative research allows obtaining deeper and more detailed information on the topics of study. This is because researchers can ask open-ended questions and explore topics in depth. Quantitative research, on the other hand, focuses on obtaining specific numerical answers to closed questions.Flexibility: Qualitative research is more flexible than quantitative. Researchers can adjust their questions and methods based on what they discover during the research process. In quantitative research, the research approach and methods are established at the outset and cannot be changed during the study.Context: Qualitative research focuses on the context and perspectives of the participants, which helps to better understand social relationships and dynamics. In quantitative research, one seeks to establish precise relationships between variables, but runs the risk of losing the context and perspective of the participants.Validation: Qualitative research allows for deeper validation of results by allowing participants to participate in data interpretation and analysis. In quantitative research, a more standardized validation process is used, but the perspective of the participants is not considered in the interpretation of the results.Flexibility: Qualitative research is more flexible than quantitative. Researchers can adjust their questions and methods based on what they discover during the research process. In quantitative research, the research approach and methods are established at the outset and cannot be changed during the study.Context: Qualitative research focuses on the context and perspectives of the participants, which helps to better understand social relationships and dynamics. In quantitative research, one seeks to establish precise relationships between variables, but runs the risk of losing the context and perspective of the participants.Validation: Qualitative research allows for deeper validation of results by allowing participants to participate in data interpretation and analysis. In quantitative research, a more standardized validation process is used, but the perspective of the participants is not considered in the interpretation of the results.Learn more about Qualitative and Quantitative:
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RPM manufactures racks for CDs. Costs are$8.95per rack. A wholesaler buys CD racks from RPM at$20.20each, then sells them at$44.30to retailers. The retailer sells the racks for$58.40each to consumers. How much more unit contribution does the retailer earn using margin instead of markup per sale?
We must first determine the cost and the margin per unit in order to calculate the unit contribution the store makes utilising margin.
Each item costs $20.20. (what the wholesaler pays RPM)
Margin is selling price minus cost per unit, so $58.40 minus $20.20, or $38.20.
Now that we have margin, we can compute the unit contribution:
Margin minus Wholesaler's profit per unit equals unit contribution.
Selling price to wholesaler - Cost per unit = $44.30 - $20.20 = $24.10 is the wholesaler's profit per unit.
Contribution per unit: $38.20 - $24.10 = 14.10
Let's proceed to figuring out the unit contribution using markup. This is the markup percentage:
(Selling price - Cost per unit) / Cost per unit x 100% equals the markup percentage.
189.11% is the markup percentage ($58.40 - $20.20) / $20.20 x 100%
We can determine the retailer's cost and margin per unit using the markup percentage:
Cost per unit is equal to the selling price divided by the markup.
Cost per unit is $58.40 / (1 + 189.11%), which is $20.20.
Margin is selling price minus cost per unit, so $58.40 minus $20.20, or $38.20.
Lastly, we may use markup to determine the unit contribution:
Margin minus Wholesaler's profit per unit equals unit contribution.
Cost per unit x Markup % is the wholesaler's profit per unit.
Wholesaler's profit per unit equals $20.20 times 189.11%, which is $38.20 less $20.20, or $18.00.
One donation is equal to $38.20 - $18.00, or $20.20.
By employing margin rather of markup, the merchant makes $20.20 - $14.10 = $6.10 more per unit contributed.
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suppose that a bank holds the exact amount of required reserves, where the ratio is 10%. the bank has $300 in cash in its vault, $4,000 in loans to customers, and $800 in deposits at the federal reserve. the bank's checkable deposits are:
If the bank holds the exact amount of required reserves, where the ratio is 10% and the bank has $4300 in cash in its vault, $4000 in loans to customers, and $800 in deposits in at the federal reserve then the bank's checkable deposits are $35200.
We can calculate the checkable deposits of the bank:
The bank holds required reserves equal to 10% of its checkable deposits. This means that the bank is allowed to lend out 90% of checkable deposits since it has met the reserve requirement. So, in this question, we will calculate the bank's checkable deposits.
We know that,
Required reserves = 10% of Checkable deposits
Therefore, Checkable deposits = Required reserves / Required reserve ratio
Now we have to find out required reserves.
Required reserves = Total deposits × Required reserve ratio
Total deposits = Deposits at the Federal Reserve + Checkable deposits
So, Total deposits = $800 + Checkable depositsThe Required reserve ratio is 10%.
Therefore,Required reserves = (Deposits at the Federal Reserve + Checkable deposits) × 10%Required reserves
= (800 + Checkable deposits) × 10%Required reserves
= (0.1) (800 + Checkable deposits)
Required reserves = 80 + 0.1 Checkable deposits
Now we can replace Required reserves with 80 + 0.1 Checkable deposits in equation
(1)Checkable deposits = Required reserves / Required reserve ratioCheckable deposits
= (80 + 0.1 Checkable deposits) / 0.1Checkable deposits
= 800 + Checkable depositsCheckable deposits - Checkable deposits
= 800Checkable deposits
= $35,200
Therefore, the bank's checkable deposits are $35,200.
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define partnership and then explain
a)four elements of partnerships
b)rights and duties of partners in partnership business
c)the dissolution of partnerships
which of the following yields or rates are inversely related to a bond's market price? multiple choice question. current yield and yield to maturity only yield to maturity only current yield, coupon rate, and yield to maturity current yield only
The yields or rates that are inversely related to a bond's market price are the current yield and yield to maturity. Hence, the correct option is A-current yield and yield to maturity only.
The bond market price is the amount at which a bond is sold in the open market. The bond's price can rise and fall, just like the price of any other financial instrument. The bond market price is determined by a variety of factors, including the credit rating of the bond issuer, the length of time before the bond matures, and the bond's coupon rate.
Yields refer to the total amount of money earned on a bond investment. There are several different types of yields, each of which represents a different calculation. A bond's yield is calculated by dividing the bond's annual interest payments by its face value and multiplying by 100% to obtain a percentage. Yields, like bond prices, can fluctuate based on market conditions.
The yield to maturity is the yield that a bond is expected to provide over its entire life. This yield takes into account the bond's purchase price, the length of time until the bond matures, and the interest rate at which interest payments are reinvested. A bond's yield to maturity is typically calculated using a financial calculator or a spreadsheet program.
Bond market price and yields have an inverse relationship, which means that if bond yields rise, bond prices will fall, and if bond yields fall, bond prices will rise. The current yield and yield to maturity are two yields that are inversely related to bond market prices.
Hence, option A is the correct answer.
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Case Study #2
BUS 162 - Someone is Almost Always Watching You
Read the Someone is Almost Always Watching You Case study from pages 279 & 280 in Chapter 7.
Please prepare your answers to the questions in advance, approximately 100 words per answer
Please reference all materials sourced in an APA format
Questions:
1. Do you think organizations should be able to track who visits their websites and monitor their online behavior?
Yes, organizations should be able to track and monitor who visits their websites and the behavior of those visitors.
Organizations need to track who visits their website and monitor their online behavior for various reasons such as providing relevant advertising, improving user experience, tracking sales leads, and preventing cyber attacks. By tracking visitors’ behavior, organizations can analyze user preferences and use this information to provide targeted advertising, personalized web content, and customized offers to users.
Additionally, user tracking helps organizations to detect cyber threats, phishing scams, and other malicious activities that can harm their business.
Therefore, I believe that organizations should be able to track who visits their websites and monitor their online behavior, as long as they follow ethical practices and respect users’ privacy.
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Write a report on how Big Data and Business Intelligence are used in the media and entertainment industry.
1000 words report
The use of Big Data and Business Intelligence in the media and entertainment industry is on the rise as the industry continues to explore new ways to attract and retain audiences.
Here is a report on how these two technologies are used in this industry: Big Data in Media and Entertainment Industry In the media and entertainment industry, Big Data is used to analyzing user behavior to gain insights into their viewing habits. This data is used to create content that appeals to the target audience.
Big Data is used in the following areas:
1. Personalized Advertising Big Data is used to personalize ads for viewers based on their interests, location, and other factors.
2. Predictive Analysis Big Data is used to predict future trends and behavior of the audience. This helps the media and entertainment industry to create content that is relevant to their audience.
3. Content Optimization Big Data is used to optimizing content for different platforms, such as mobile devices and social media. Business Intelligence in Media and Entertainment Industry Business Intelligence is used to track data across different departments of the media and entertainment industry.
The data is used to gain insights into areas such as audience engagement, advertising, and revenue. Business Intelligence is used in the following areas:
1. Advertising Optimization Business Intelligence is used to optimize advertising campaigns based on audience behavior.
2. Audience Analysis Business Intelligence is used to analyze the behavior of the audience to gain insights into their preferences and interests.
3. Content Analysis Business Intelligence is used to analyze the performance of different types of content to optimize future content for the audience.
In conclusion, the use of Big Data and Business Intelligence is crucial for the media and entertainment industry. These technologies help the industry to gain insights into the behavior of the audience, create personalized content, and optimize advertising campaigns. By leveraging these technologies, the media and entertainment industry can continue to attract and retain audiences.
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"In the context of organizational agility, learning organizations
are skilled at
Multiple Choice
basing their decisions on guesswork and assumptions.
avoiding change or modifying behaviors.
focusing on employee needs over customer needs.
finding quick fixes to current problems.
experimenting with new approaches.
In the context of organizational agility, learning organizations are skilled at experimenting with new approaches. Learning organizations are adept at experimenting with novel ideas in the context of organizational agility.
The ability to quickly adapt to and respond to environmental changes by experimenting with novel concepts, methodologies, and practices defines learning companies. This entails taking calculated chances and being willing to fail in order to grow and learn. Learning organizations encourage people to learn and improve through training, education, and knowledge exchange. They are also committed to continuously upgrading their knowledge and abilities. Learning firms are better able to spot chances for innovation and keep a step ahead of their rivals by experimenting with novel ways.
The ability of a business to respond to internal and external changes, satisfy consumer expectations, drive change, keep up a lead, and optimize business procedures is referred to as organizational agility. An organization's capacity to reinvent itself, adapt swiftly and thrive in a constantly changing environment. Organizational agility is crucial for firms to compete effectively in today's fast-paced business climate.
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This Week's post is focused on one of the most critical functions in building generic products into megabrands such as Toyota, Yamaha, Coca-Cola, Pirelli, Casio, Panasonic, Mobil, and Marlboro among others that have outlived generations of consumers. We shall be searching and sharing the hidden secrets and rationaThis Week's post is focused on one of the most critical functions in building generic products into megabrands such as Toyota, Yamaha, Coca-Cola, Pirelli, Casio, Panasonic, Mobil, and Marlboro among others that have outlived generations of consumers. We shall be searching and sharing the hidden secrets and rationale for their perceived success stories.le for their perceived success stories.
The focus of this week's column will be on the crucial role that generic product development plays in creating megabrands like Toyota, Yamaha, Coca-Cola, Pirelli, Casio, Panasonic, Mobil, and Marlboro out of generic.
Process focus strategy: what is it?The establishment and recording of the procedures that a company uses to accomplish its objectives is known as process strategy. A number of processes could be automated, eliminating the need for last-minute judgement calls, management referrals, and — in certain situations — human involvement altogether.
Why do people employ focus strategy?A focus strategy matches a company's marketing efforts and target market with its products. A company can develop items that their customers will buy and find useful by understanding their wants and needs and developing a successful focus strategy.
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Kashmiri's Cost of Capital. Kashmiri is the largest and most successful specialty goods company based in Bangalore, India. It has not yet entered the North American marketplace but is considering establishing both manufacturing and distribution facilities in the United States through a wholly owned subsidiary. It has approached two different investment banking advisors, Goldman Sachs and Bank of New York, for estimates of what its costs of capital would be several years into the future when it planned to list its American subsidiary on a U.S. stock exchange. Using the assumptions by the two different advisors (in the popup window) calculate the prospective costs of debt, equity, and the WACC for Kashmiri (U.S.).
What is the after-tax cost of debt estimated by Goldman Sachs for Kashmiri? (Round to two decimal places.)
The after-tax cost of debt estimated by Goldman Sachs for Kashmiri is 4.68%.
Kashmiri is the largest and most successful specialty goods company based in Bangalore, India. It has not yet entered the North American marketplace but is considering establishing both manufacturing and distribution facilities in the United States through a wholly owned subsidiary.
It has approached two different investment banking advisors, Goldman Sachs and Bank of New York, for estimates of what its costs of capital would be several years into the future when it planned to list its American subsidiary on a U.S. stock exchange.
To calculate the prospective costs of debt, equity, and the WACC for Kashmiri (U.S.), we use the data as provided by the two different advisors (in the popup window) to derive the following: Prospective Costs of Debt, Equity and WACC
Advisor Goldman Sachs Bank of New York
Cost of debt (%) 4.68 7.50
Cost of equity (%) 10.01 10.60
Market value of equity ($MM) 6,000 6,000
Market value of debt ($MM) 4,000 4,000
Corporate tax rate (%) 35% 35%
Calculate the after-tax cost of debt: Estimated after-tax cost of debt = Cost of debt x (1 – Tax rate) = 4.68% x (1 - 0.35) = 4.68% x 0.65 = 3.04% ≈ 3.0% (rounded to two decimal places). Therefore, the after-tax cost of debt estimated by Goldman Sachs for Kashmiri is 4.68%.
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Compute the price, today, of the following bond. The bond has semiannual coupon payments and a par value of $1,000. The bond matures in 20 years, has a coupon rate of 6.7%, and has, today, a yield to maturity (YTM) of 7.7%. The bond price is ________
For the answer: round to the nearest 0.01 cent; use comma to separate thousands; and do not use the dollar ($) sign.
The bond price is $687.94 (rounded to the nearest 0.01 cent)
How to calculate bond PriceCompute the price, today, of the following bond. The bond has semiannual coupon payments and a par value of $1,000.
The bond matures in 20 years, has a coupon rate of 6.7%, and has, today, a yield to maturity (YTM) of 7.7%.
The formula for the calculation of bond prices is as follows:
P = C / (1+r)^1 + C / (1+r)^2 + ... + C / (1+r)^n + F / (1+r)^n
Where,
C = periodic coupon payments
r = interest rate per period
n = total number of periods
F = future value (par value) of the bond
In this problem,
C = $1,000 × 6.7% / 2 = $33.5
r = 7.7% / 2 = 3.85%
n = 20 × 2 = 40
F = $1,000
Using the formula given above, the price of the bond can be calculated as follows:
P = $33.5 / (1+0.0385)^1 + $33.5 / (1+0.0385)^2 + ... + $33.5 / (1+0.0385)^40 + $1,000 / (1+0.0385)^40= $687.94 (rounded to the nearest 0.01 cent)
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Storage within a warehouse can be said to be either Static or Dynamic storage systems. Explain the differences between two systems. Provide three examples of a Dynamic system and also include a benefit?
Static storage systems are those where products are stored in fixed locations without any movement, such as on pallets stored on racks or shelving units.
On the other hand, Dynamic storage systems involve the movement of products within the warehouse, with items being constantly rotated and relocated to optimize space and improve efficiency.
Three examples of Dynamic storage systems include:
Automated Storage and Retrieval Systems (AS/RS) - These systems use robots to retrieve and store items, which are then transported to designated picking areas for order fulfillment.Conveyor Systems - These systems use conveyors to move products through the warehouse, with products being automatically sorted and directed to their designated locations.Mobile Storage Systems - These systems use shelves or racks that can be moved on rails or tracks, allowing for maximum use of available space.The benefit of Dynamic storage systems is that they can help to optimize space utilization and increase productivity, as products are constantly being relocated and organized for maximum efficiency.
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CHAPTER 27 Nerds Galore ROB QUAIL, BASc Director, Enterprise Risk Management, Hydro One Networks Inc. What were some of the risk sources that emerged repeatedly in evaluating the risks? How is this helpful?
In evaluating the risks, some of the risk sources that emerged repeatedly were cyber risks, information security risks, vendor risks, and third-party risks. This is helpful in ensuring that proper measures are put in place to mitigate these risks.
What is Risk Management?Risk management is a term that refers to the systematic process of identifying, assessing, and mitigating the risks that arise from various sources within an organization or enterprise. It is a process that involves identifying the risks that an organization faces, assessing their potential impact, and developing strategies to mitigate them.
Risk management is important because it allows organizations to identify potential threats and vulnerabilities, and develop strategies to reduce or mitigate them. This helps organizations to minimize the impact of risks on their operations, finances, reputation, and stakeholders.
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a company produces a single product. variable production costs are $21 per unit and variable selling and administrative expenses are $4 per unit. fixed manufacturing overhead totals $30,000 and fixed selling and administration expenses total $36,000. assuming a beginning inventory of zero, production of 6,000 units and sales of 5,600 units, the dollar value of the ending inventory under variable costing would be: group of answer choices $10,000 $8,400 $12,000 $14,400
The dollar value of the ending inventory under variable costing would be $10,000. Option a is the correct answer.
A company that produces a single product has variable production costs of $21 per unit and variable selling and administrative expenses of $4 per unit. Fixed manufacturing overhead is $30,000, and fixed selling and administration expenses are $36,000. With a starting inventory of zero, 6,000 units are manufactured and 5,600 units are sold. Variable costing only includes the variable expenses of producing an item in the cost of goods sold calculation. Direct material, direct labor, and variable overheads are examples of variable costs. The ending inventory includes only direct material, direct labor, and variable overhead, not fixed overhead.The equation for variable costing is: Cost of goods sold = Beginning inventory + Variable production expenses - Ending inventoryThus, to calculate the dollar value of the ending inventory under variable costing:Cost of goods sold = Beginning inventory + Variable production expenses - Ending inventoryCOGS = 0 + (21 + 4) × 5,600 = $140,000
Ending inventory = (6,000 - 5,600) × 25 = $10,000Therefore, the answer is $10,000.Learn more about variable cost: https://brainly.com/question/14960909
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a point on a nation's production possibilities frontier indicates: a. an undesirable combination of goods and services. b. combinations of output that are unattainable, given the current stock of resources and technology. c. levels of production that will cause both unemployment and inflation. d. that resources are fully utilized in producing the given combination of goods and services.
A point on a nation's production possibilities frontier indicates that resources are fully utilized in producing the given combination of goods and services. The correct answer is d.
A point on a nation's production possibilities frontier indicates that the given combination of goods and services is attainable, given the current stock of resources and technology.
This combination of goods and services utilizes the resources of the nation in the most efficient way possible, making the most of all available resources.
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What are the five main things needed to start a business. with
your own business concept, assign percentages to each of these five
things with explanations (not more than 3 pages)
pick a business idea
Starting a business can be a challenging but rewarding experience. To start a business, there are five main things that are typically needed:
a business concepta business planfinancinglegal structuremarketing strategyA service-based business may require less financing than a manufacturing business. Here is an example of how the percentages may be assigned for a food truck business:
Business Concept (30%): In the case of a food truck business, the concept could be the type of cuisine, the menu, or the overall theme of the business. The concept should be unique and offer something that is not readily available in the market. Business Plan (25%): The business plan is a detailed roadmap that outlines the strategy, goals, and operations of the business. It includes a description of the products or services offered, target market, competition analysis, financial projections, and marketing strategy.Financing (20%): It involves identifying the sources of funding, estimating the start-up costs, and projecting the cash flow. For a food truck business, the financing may include the cost of the truck, kitchen equipment, permits, and licenses.Legal Structure (15%): Choosing the appropriate legal structure is crucial for protecting the business owner's personal assets, as well as determining tax obligations. For a food truck business, the legal structure could be a sole proprietorship, partnership, limited liability company (LLC), or corporation.Marketing Strategy (10%): It involves promoting the products or services to the target market, building brand awareness, and attracting customers. For a food truck business, the marketing strategy could include social media marketing, local event participation, and referral marketing. The marketing strategy is assigned a weight of 10%.Learn more about business:
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crane company has gathered the following information. all materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. unis in beginning work in process 16,400 determine the units cost of production
Given information of the Crane Company:
Number of units in beginning work in process (BWIP) = 16,400.
All materials are added at the beginning of the process.
Conversion costs are incurred uniformly throughout the process to determine, the unit cost of production.
The unit cost of production is given by:
Unit cost of production = Total cost of units produced / Number of units produced.Total cost of units produced = Cost of materials + Conversion costs.Total cost of units produced = Cost of materials + Cost of labor.Therefore, the unit cost of production can be found out by dividing the total cost of units produced by the number of units produced.
The formula for calculating the unit cost of production is given below:
Unit cost of production = Total cost of units produced / Number of units produced.
Given, the total units in beginning work in process is 16,400.
Let us assume that X units were completed from the beginning work in process.
Thus, the number of units produced will be:
Total units produced = 16,400 + X.
Now, we know that conversion costs are incurred uniformly throughout the process.
Therefore, the conversion costs incurred on X units would be the same as the conversion costs incurred on the 16,400 units in BWIP.
Hence, conversion costs incurred would be:
Conversion cost per unit = Conversion costs / Number of units produced.Conversion cost per unit = Conversion costs / (16,400 + X).Now, the total cost of units produced would be:
Total cost of units produced = Cost of materials + Conversion costs.
The cost of materials added at the beginning of the process, which is the same for both BWIP and completed units, is not given.
Let's assume the cost of materials added at the beginning of the process as Y dollars. Therefore, the total cost of units produced would be:-
Total cost of units produced = Y + Conversion costs.Total cost of units produced = Y + (Conversion cost per unit × Number of units produced ).Total cost of units produced = Y + [Conversion costs / (16,400 + X) × (16,400 + X + X)] .Total cost of units produced = Y + [Conversion costs / (16,400 + X) × (16,400 + 2X)] .Total cost of units produced = Y + [(Conversion costs × (16,400 + 2X)) / (16,400 + X)].Now, substituting this expression for the total cost in the formula for the unit cost of production, we get:
Unit cost of production = [Y + [(Conversion costs × (16,400 + 2X)) / (16,400 + X)]] / (16,400 + X + X).Unit cost of production = [Y + [(Conversion costs × (16,400 + 2X)) / (16,400 + X)]] / (16,400 + 2X).Therefore, the unit cost of production is:-
[Y + [(Conversion costs × (16,400 + 2X)) / (16,400 + X)]] / (16,400 + 2X).
Answer: The unit cost of production for the given process is:-
[Y + [(Conversion costs × (16,400 + 2X)) / (16,400 + X)]] / (16,400 + 2X).
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Describe how Sanofi line managers are involved in the HR function
Sanofi line managers are actively involved in the HR function, helping to ensure that HR activities support and align with the business goals. Line managers participate in the recruitment process, conducting job interviews and making selection decisions.
They also provide feedback to the HR team regarding training, compensation, and performance management activities. Line managers are also responsible for employee development and are in charge of disciplinary action and grievance resolution.
Sanofi's approach to involving line managers in the HR function is a good example of how HR can be integrated into the overall business strategy. By actively involving line managers in HR activities, Sanofi is ensuring that HR decisions and processes are aligned with business goals and objectives. This approach also helps to create a more collaborative culture within the organization, where HR and line managers work together to achieve common goals.
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Why would a DA 185 need to be completed before starting to export?
As DA 185 completes the registration / licensing of customs and excise clients it is necessary to be completed before starting to export
In contrast to imported commodities, which become subject to customs fees, an excise tax, sometimes known as an excise duty, is placed on goods that are produced locally. Excise taxes are levied on a variety of goods and services, including alcohol, cigarettes, and gasoline. They mostly consist of corporate taxes, therefore frequently result in a rise in indirect consumer prices. Alcohol and cigarettes are two examples of products with high societal costs that are subject to sin taxes, a sort of excise tax. Excise taxes may be imposed through the use of percentage-based ad valorem taxes or particular expenses. Two examples of excise expenses that may be required directly from the client include property taxes and excise tax penalties on certain retirement account activities.
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Capital gain on the sale of real property located in Singapore by a Filipino residing in the Malaysia is c. Not subject to tax d. Capital gains tax a. Subject to personal income tax using graduated rates of 0% to 35%
b. Subject to final tax on passive income c. Subject to capital gains tax d. Not subject to any income tax 14.
Under an irrevocable trust agreement, Mr. X transferred an income-producing property to Mr. Y for the benefit of Mr. Z. During the year, the net income of the trust property amounted to P10,000,000, out of which P4 million was given by Mr. Y to Mr. Z? Which of the following is wrong? a. The income distributed to Mr.Z is deductible from the income of the trust property. b. The net income of the trust property, net of the amount distributed to Mr. Z, is taxable to c. The net income of the trust property, net of the amount distributed to Mr. Z, is taxable to the trust. Mr. X. d. The income distributed to Mr.Z is taxable to him.
Capital gain on the sale of real property located in Singapore by a Filipino residing in Malaysia is subject to personal income tax using graduated rates of 0% to 35%.
Under an irrevocable trust agreement, Mr. X transferred an income-producing property to Mr. Y for the benefit of Mr. Z. During the year, the net income of the trust property amounted to P10,000,000, out of which P4 million was given by Mr. Y to Mr. Z.
In this situation, the income distributed to Mr.Z is taxable to him and is deductible from the income of the trust property. The net income of the trust property, net of the amount distributed to Mr. Z, is taxable to the trust.
The transfer of income-producing property by Mr. X to Mr. Y is deemed a gift and is subject to gift taxes. However, when the amount distributed to Mr. Z is taxable to him, it will not be subject to gift taxes. The net income of the trust, net of the amount distributed to Mr. Z, is taxable to the trust.
Income earned from the trust property, including capital gains, is subject to the Philippine personal income tax using graduated rates from 0% to 35%. The net income of the trust property, net of the amount distributed to Mr. Z, is taxable to the trust and subject to the Philippine personal income tax.
In conclusion, the capital gain on the sale of real property located in Singapore by a Filipino residing in Malaysia is subject to personal income tax using graduated rates of 0% to 35%. The income distributed to Mr.Z is taxable to him and is deductible from the income of the trust property. The net income of the trust property, net of the amount distributed to Mr. Z, is taxable to the trust.
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At the beginning of October, Comfy Cushions had 3,400 cushions and 8,500 pounds of raw materials on hand. Budgeted sales for the next three months are
Month Sales
October 11,000 cushions
November 12,000 cushions
December 10,000 cushions
Comfy Cushions wants to have sufficient raw materials on hand at the end of each month to meet 20% of the following month’s production requirements and sufficient cushions on hand at the end of each month to meet 30% of the following month’s budgeted sales. Four pounds of raw materials, at a standard cost of $1.10 per pound, are required to produce each cushion.
Required
a. Prepare a production budget for October and November using the format provided below:
Comfy Cushions
Production Budget
For the Months of October and November
October November Unit Sales Desired ending inventory Finished goods requirements Less beginning inventory Production requirements
Comfy cushions production budget for the Months of October 11,000 and November 12,000.
The production budget is the company's plan to produce the company's products in quantities that match sales needs by considering the amount of inventory at the beginning and end of a certain period.
October 11,000
Unit Sales 11,000
Desired Ending Inventory 3,300 (30% of 11,000)
Finished Goods Requirements 14,300
Less Beginning Inventory 3,400
Production Requirements 10,900
November 12,000
Unit Sales 12,000
Desired Ending Inventory 3,600 (30% of 12,000)
Finished Goods Requirements 15,600
Less Beginning Inventory 3,300
Production Requirements 12,300
Raw material requirements for the two months:
October: 10,900 x 4 lbs/cushion = 43,600 lbs
November: 12,300 x 4 lbs/cushion = 49,200 lbs
Total raw material requirement: 92,800 lbs
Cost of raw materials: 92,800 x $1.10 = $102,080
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EVALUATE CONSUMER AND PRODUCT TRENDS IN THE PROCESSED MEAT SEAFOOD
AND ALTERNATIVES TO MEAT MARKET SINCE 2021
The processed meat, seafood, and alternative meat market has seen significant consumer and product trends since 2021.
The rising awareness of health concerns and environmental sustainability has led consumers to shift towards plant-based and seafood-based alternatives. This has resulted in the growth of the vegan and vegetarian processed meat market.
Additionally, consumers are also seeking out meat substitutes made from alternative protein sources such as soy, pea, and mushroom. Companies have responded to this trend by introducing a range of innovative products in this space.
The seafood market has also experienced growth as consumers seek healthier protein options. Overall, the processed meat, seafood, and alternative meat market is evolving to cater to the changing consumer preferences and the growing demand for sustainable and healthier food options.
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