Bond Issued at Discount: $8,875
Total interest expense: $56,875
How to solve for the Total interest expense:1) Bond Issued at Discount:
The discount on the bond is:
$120,000 (par value) - $111,125 (issue price)
= $8,875
Total cash interst payments:
$120,000 (par value) * 10% (annual rate) / 2 (semi-annual) * 8 (periods)
= $48,000
Total discount amortization (Straight-line method):
$8,875 (total discount) / 8 (periods)
= $1,109.375 per period
Total interest expense:
$48,000 (cash interest payments) + $8,875 (total discount)
= $56,875
2) Bond Issued at Premium:
The premium on the bond is:
$132,516 (issue price) - $120,000 (par value)
= $12,516
Total cash interest payments:
$120,000 (par value) * 9% (annual rate) / 2 (semi-annual) * 4 (periods)
= $21,600
Total premium amortization (Straight-line method):
$12,516 (total premium) / 4 (periods)
= $3,129 per period
Total interest expense:
$21,600 (cash interest payments) - $12,516 (total premium)
= $9,084
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What is the primary role of the steering committee for an HRIS project?
To provide consulting services
To provide information about vendor software
To provide high-level guidance and decisions
To provide detailed information about the current system
The primary role of the steering committee for an HRIS (Human Resource Information System) project is to provide high-level guidance and make key decisions throughout the project's lifecycle.
The steering committee is typically composed of senior executives, managers, and key stakeholders who have a vested interest in the success of the HRIS implementation.
The specific responsibilities of the steering committee may vary depending on the organization and project scope. However, their main role typically involves:
Strategic Direction: The steering committee sets the strategic direction and goals for the HRIS project, aligning it with the organization's overall objectives. They provide high-level guidance and ensure that the project aligns with the organization's strategic vision.
Decision-Making: The committee makes important decisions related to the HRIS project, such as selecting the appropriate HRIS vendor, defining project scope and timeline, allocating resources, and resolving major project-related issues. They weigh the project's impact on the organization and make decisions that align with its best interests.
Risk Management: The steering committee identifies potential risks and challenges that may arise during the project and provides guidance on mitigation strategies. They ensure that appropriate risk management practices are in place to minimize any potential negative impacts on the project's success.
Stakeholder Management: The committee acts as a liaison between the project team and other key stakeholders within the organization. They communicate project updates, address concerns, and seek input and support from stakeholders, ensuring that there is buy-in and cooperation throughout the project.
While the steering committee may receive information about vendor software and the current HR system, their primary focus is on providing high-level guidance, making decisions, and steering the project towards successful outcomes. Their role is more strategic and advisory, ensuring that the HRIS implementation aligns with the organization's goals and objectives.
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"Adha is thinking about setting up his own business. Neither Adha nor any of his family member has business education or ever own their own business, so the notion of setting up a business was dormant for him. However, Adha has years of working experience since he started working from the age of fifteen. His first job was as a part-time assistant at a local convenient store where he worked after school. After completing high school, he was very happy to be employed by one of the local fast-food restaurants. Then upon graduating from university, he started working with a multinational company and the company has promoted him as a manager 5 years ago. With over 15 years of experience working in the company, he had been embedded within a corporate culture environment. It was quite restrictive as he had to follow the company's specific way of doing things and he was always told what to do. It was about a year ago when the idea suddenly came to him to set up his own business. Adha wanted the freedom of working for himself, flexibility of time, to spend quality family time and witness his children growing up. He wanted more flexibility, time, freedom, and more control over what he does. Thus, Adha has been thinking of owning his own business. He had looked at various franchise opportunities, going into laundry services, convenient stores, coffee shops, a lot of different options even fast-food restaurants but he is still unsure if franchise business is the best choice for him and he could not decide which business he should go into." (Adapted from To Franchise or not to Franchise?!: A case study approach.)
Based on the above case, propose a franchise business that best suits him by providing the criteria of the suggested franchise business that makes it a good franchisor.
Based on Adha's background and preferences, a franchise business that could be a good fit for him is a coffee shop franchise. Here are the criteria that make it a suitable choice for Adha:
Flexibility and Freedom: Adha mentioned his desire for more flexibility, time, and freedom. A coffee shop franchise can offer flexible working hours, allowing Adha to have control over his schedule and spend quality time with his family. He can choose to operate the coffee shop during hours that suit his lifestyle and personal commitments.
Entrepreneurial Opportunity: As someone who wants to venture into owning his own business, a coffee shop franchise provides an opportunity for Adha to showcase his entrepreneurial skills. He can be involved in various aspects of the business, from menu development to customer service, and have the freedom to implement his own ideas within the framework of the franchise.
Market Demand: Coffee shops are popular and have a consistent customer base. With the growing coffee culture and demand for specialty coffees, Adha can tap into this market and attract customers who appreciate quality coffee and a cozy atmosphere.
Established Brand: Choosing a coffee shop franchise with an established brand can provide Adha with a head start in terms of brand recognition and customer trust. This can help attract customers and build a loyal customer base more quickly compared to starting a new independent coffee shop.
Support and Training: A good franchisor will provide comprehensive support and training to franchisees. This support can include assistance with site selection, store setup, staff training, marketing strategies, and ongoing operational support. This can be beneficial for Adha, who does not have prior experience in owning a business.
By considering these criteria, Adha can evaluate different coffee shop franchise opportunities and choose the one that aligns with his goals, values, and offers the support and flexibility he desires in his entrepreneurial journey.
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Match each term with the correct statement below. Information used to evaluate how you are doing. Belief in your abilities and your worth or value. A feeling of jealousy with regard to another's advantages, success, and possessions. Your mental picture of who you are. A sense of humor. Drag answer here Drag answer here Drag answer here Drag answer here Drag answer here envy feedback self-image self-image characteristic self-esteem
Match the terms with the correct statements:
Information used to evaluate how you are doing: feedback
Belief in your abilities and your worth or value: self-esteem
A feeling of jealousy with regard to another's advantages, success, and possessions: envy
Your mental picture of who you are: self-image
A sense of humor: characteristic
Feedback: This term refers to the information or input that is used to assess one's performance or progress in a particular area. It helps in understanding strengths and areas for improvement.
Self-esteem: It represents an individual's belief in their own abilities, worth, or value. It relates to the overall sense of self-worth and confidence.
Envy: This refers to a feeling of jealousy or resentment towards someone else's advantages, success, or possessions. It involves a desire to possess what others have.
Self-image: It is the mental picture or perception that an individual has of themselves. It includes how one sees their physical appearance, personality traits, and capabilities.
Characteristic: This term refers to a distinguishing feature or quality that is inherent to an individual. It can be a specific trait, behavior, or attribute that defines a person.
Matching the terms with their corresponding statements helps to understand their meanings and how they relate to the concept of self-awareness and perception.
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An effective rent ceiling Select one: A. sometimes increases producer surplu B. decreases the supply of housing. C. decreases producer surplus. D. results in a producer surplus of zero. E. increases producer surplus
An effective rent ceiling decreases the supply of housing. The imposition of rent control, or a rent ceiling, is a type of price control that is usually implemented by the government.
This policy regulates the rent price for housing units so that tenants can afford to rent a place to live. When rent control is in place, landlords may be forced to provide rental units at a lower price than they would be willing to supply at a free-market price. This implies that the imposition of rent control lowers the supply of rental housing because landlords may not be willing to supply as much rental housing at the lower rent price that the government has set.
This will decrease the supply of rental housing. Thus, an effective rent ceiling decreases the supply of housing and may lead to a housing shortage.
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Page < So, for example, if a buyer pays the price 44 for a perfect car, he obtains net surplus of 48 - 44 = 4. If a seller receives the price 48 for her hopeless car, then she obtains surplus of 48 - 34 = 14. The game works as follows: Simultaneously each buyer announces a price that he is willing to pay for a car. Each seller decides whether or not to sell her car (and to whom to sell it). If more than one seller accepts the price of the same buyer, then one of the sellers is randomly selected to sell the car. Find the equilibrium price (or prices) assuming that the sellers know the value of the car that they own, and buyers do not. Describe which cars are sold.
The equilibrium price in this scenario is 48. This means that Seller 1 will sell their car to Buyer 1 at a price of 48, and Buyer 2 will not purchase a car.
To find the equilibrium price in this scenario, we need to analyze the situation from the perspective of both buyers and sellers.
Let's start by examining the buyers' side. Each buyer wants to maximize their net surplus, which is the difference between their valuation of the car and the price they pay. In this case, we have two buyers with valuations of 48 and 34, respectively.
Buyer 1: Valuation = 48
Buyer 2: Valuation = 34
Buyer 1 is willing to pay any price up to their valuation of 48, while Buyer 2 is willing to pay any price up to their valuation of 34.
Now let's consider the sellers. The sellers are aware of the value of their own cars and will decide whether or not to sell based on the offers they receive. We don't have specific information about the sellers' valuations, but we can assume that they will sell if the price offered is higher than their own valuation.
To find the equilibrium price, we need to determine the prices at which both buyers are willing to purchase a car and sellers are willing to sell.
In this case, we have the following possibilities:
If Buyer 1 offers a price below 34, Seller 2 will sell their car to Buyer 1, as the offered price is higher than their own valuation. However, this would result in a net surplus of 0 for Buyer 1, which is not optimal.
If Buyer 1 offers a price above 34 but below 48, Seller 1 will sell their car to Buyer 1, as the offered price is higher than Seller 1's valuation. Buyer 2 will not purchase a car in this scenario.
If Buyer 1 offers a price equal to or higher than 48, Seller 1 will sell their car to Buyer 1, and Buyer 2 will not purchase a car.
Based on these possibilities, the equilibrium price (or prices) is/are:
If Buyer 1 offers a price between 34 and 48, the equilibrium price is the lowest price in that range, as this is the maximum price Buyer 2 is willing to pay.
If Buyer 1 offers a price equal to or higher than 48, the equilibrium price is 48, as this is the maximum price Buyer 1 is willing to pay.
To summarize, at the equilibrium price of 48, only Seller 1 sells their car to Buyer 1.
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Short-term debt is riskier and more problematic than long-term debt when viewed from the borrower's perspective. Which of the following are reasons on the list?
a. Short-term debt not only impacts debt ratios but also negatively impacts liquidity ratios
b. Short-term debt has increased rollover risk
c. Short-term debt has increased interest rate risk
d. All of the above
Short-term debt is riskier and more problematic than long-term debt when viewed from the borrower's perspective because all of the following reasons are true from the list, such as; Short-term debt not only impacts debt ratios but also negatively impacts liquidity ratios, Short-term debt has increased rollover risk, and Short-term debt has increased interest rate risk. So, the correct option among the following is d. All of the above.
a. Short-term debt not only impacts debt ratios but also negatively impacts liquidity ratios
In general, short-term debt has a higher cost of capital than long-term debt because the credit risk associated with short-term debt is higher than long-term debt. It is also true that short-term debt not only impacts debt ratios but also negatively impacts liquidity ratios.
b. Short-term debt has increased rollover risk
Short-term debt has a higher rollover risk because it must be renewed regularly, and it is more vulnerable to refinancing risk because of its shorter maturity. It is difficult to obtain short-term financing at the same or lower rates if short-term credit becomes unavailable, which can create significant liquidity challenges for borrowers who rely heavily on short-term financing.
c. Short-term debt has increased interest rate risk
Interest rate risk refers to the possibility that an investment's return will be affected by changes in the interest rate. Short-term debt securities are more vulnerable to interest rate changes than long-term securities, particularly during rising interest rate cycles. When interest rates rise, the interest rate paid on short-term debt also rises. As a result, this makes short-term debt more risky than long-term debt.
Hence, the correct option is d. All of the above.
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BooneTech has a superior instrumentation system for doing work in its factory. It regularly offers tours so people can come and observe the special equipment. When a competitor begins to use similar equipment, BooneTech sues the competitor for utilizing a trade secret. Which of the following is true? BooneTech can sue the competitor for any lost profits. As long as the system isn’t exactly the same down to the last detail, there isn’t enough proof to establish the competitor as using BooneTech’s system. BooneTech cannot stop the competitor from using the system because it did not reasonably hide its trade secret. The competitor may not use BooneTech’s syste
The system isn’t exactly the same down to the last detail, there isn’t enough proof to establish the competitor as using BooneTech’s system. BooneTech can sue the competitor for utilizing a trade secret.
Therefore, the competitor may be allowed to use the equipment or systems that are similar to BooneTech's, provided that there is a noticeable difference between the two.The company can't file a lawsuit because another company's goods, operations, or devices are identical to theirs. Companies have a trade secret, which is information that provides them with a competitive advantage. In certain instances, if a competitor is utilizing a business's trade secret without permission, the business may sue for damages, or it may seek an injunction to prevent the competitor from using the information, as BooneTech did in the case described above.
BooneTech can sue the competitor for utilizing a trade secret. As long as the system isn’t exactly the same down to the last detail, there isn’t enough proof to establish the competitor as using BooneTech’s system. The competitor may be able to use the equipment or systems that are similar to BooneTech's, as long as there is a noticeable difference between the two.
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Stone Works is a paving stone installation business that operates from about April to October each year. The company has an outstanding reputation for the quality of its work and as a result pre-books customers a full year in advance. Customers must pay 40% at the time of booking and the balance on the completion date of the job. Stone Works records the 40% cash advance received from customers in the Unearned Revenues account. The December 31, 2020, balance sheet shows Unearned Revenues totalling $179,000. During 2021, $309,000 of cash was collected in total from customers: $219,000 regarding work completed during the year for customers who paid 40% down in 2020, and the balance representing the 40% prepayments for work to be done in 2022.
Required:
1. Prepare the entry to record the collection of cash in 2021. (Do not round intermediate calculations. Round the final answers to the
nearest whole dollar amount.) Journal entry worksheet
2
>
Record the revenues earned during 2021 and the collection of the remaining 60% owing on the work.
Note: Enter debits before credits.
Date General Journal Debit Credit
2021
The second part records the completion of the 2021 services and the remaining balance on the work. This would provide you with a better understanding of the concept.
Date General Journal Debit Credit2021Accounts receivable 219000 Service revenue219000(To record the completion of 2020 services)Cash1026000Unearned service revenue1026000(To record the cash received from prepayments of 2022)Accounts receivable123000 Service revenue123000(To record the completion of 2021 services)Cash1674000 Accounts receivable 186000 Unearned service revenue186000(To record the completion of 2021 services)The entry to record the collection of cash in 2021 and the revenues earned during 2021 and the collection of the remaining 60% owing on the work for Stone Works is presented above. The first part of the entry records the completion of the work and the amount collected.
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When the allowance method is used and an account is solbseguenery wertten off as uncoliectible, the followirig accourit is debited a. Bad Debte Enpense b. Asset c. Liability d. Owners Equity
The answer to the question is a) Bad Debt Expense. When the allowance method is used and an account is solbseguenery written off as uncollectible, the Bad Debt Expense account is debited. The allowance method is a method of accounting for uncollectible accounts that estimates the total amount of accounts receivable that is uncollectible.
The allowance method involves making a journal entry to record bad debt expense and reduce accounts receivable. The Allowance for Doubtful Accounts is a contra-asset account that offsets Accounts Receivable on the balance sheet. This account is debited when an account receivable is written off as uncollectible, and the corresponding credit is made to the bad debt expense account.The two methods of accounting for uncollectible accounts are the direct write-off method and the allowance method. Direct Write-Off Method: This method is the simplest, and it involves debiting bad debt expense and crediting accounts receivable when a debt is considered uncollectible. The debt is then written off when the account is deemed uncollectible.
However, this method has limitations, including the fact that it does not accurately represent the total amount of uncollectible accounts receivable. The direct write-off method should only be used in situations where the total amount of uncollectible accounts receivable is immaterial.The Allowance Method: This method is used to estimate the total amount of uncollectible accounts receivable. To determine the allowance for doubtful accounts, an estimate is made of the percentage of accounts receivable that will not be collected. The allowance is then adjusted by debiting bad debt expense and crediting the allowance for doubtful accounts when an account is written off as uncollectible.
The allowance method is more accurate than the direct write-off method because it provides a better estimate of the total amount of uncollectible accounts receivable. Therefore, the correct answer to this question is option a) Bad Debt Expense.
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he monthly mortgage payment on your house is $2,775.95. It is a
30 year mortgage at a stated rate of 9%, compounded monthly (paid
monthly). How much did you borrow?
The amount borrowed for the 30-year mortgage is approximately $345,000.24.
To calculate the amount borrowed, we can use the formula for the monthly mortgage payment of a fixed-rate mortgage:
[tex]M = P * (r * (1 + r)^n) / ((1 + r)^n - 1)[/tex]
Where:
M = Monthly payment
P = Principal amount (amount borrowed)
r = Monthly interest rate (annual interest rate divided by 12 and converted to a decimal)
n = Total number of monthly payments (30 years multiplied by 12)
In this case, the monthly payment (M) is $2,775.95, the annual interest rate is 9%, and the loan term is 30 years. Let's calculate the amount borrowed (P):
First, let's convert the annual interest rate to a monthly interest rate:
Monthly interest rate (r) = 9% / 12 / 100 = 0.0075
The total number of monthly payments (n) is:
n = 30 years * 12 months/year = 360
Now, let's substitute these values into the formula and solve for P:
[tex]2,775.95 = P * (0.0075 * (1 + 0.0075)^{360}) / ((1 + 0.0075)^{360 - 1})[/tex]
To solve for P, we'll rearrange the formula:
[tex]P = 2,775.95 * ((1 + 0.0075)^{360 - 1}) / (0.0075 * (1 + 0.0075)^{360})[/tex]
Calculating this expression, the amount borrowed (P) is approximately $345,000.24
Therefore, the amount borrowed for the 30-year mortgage is approximately $345,000.24.
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Undertones, Inc. began 2018 with the following balances in deferred tax accounts: The deferred tax asset results from a balance of $500,000 in the Estimated Liability Under Warranty. The deferred tax liability results from the financial accounting bases of depreciable assets exceeding the tax bases of depreciable assets by $320,000 due to excess MACRS depreciation over straight-line in previous years and an Installment Receivable of $40,000 that will be collected upon and taxed in 2018. Pre-tax accounting income in 2018 and 2019 is $25,000 and $130,000, respectively and includes non-taxable municipal bond interest of $75,000 in 2018 and $50,000 in 2019 . During 2018 straight-line (financial) depreciation exceeded MACRS (tax) by $35,000. In 2019, MACRS (tax) depreciation exceeded straight-line depreciation by $40,000. In 2018 , Undertones received $30,000 in unearned revenue which will be earned evenly over 2019 and 2020. In 2018, Undertones incurred actual costs to repair products associated with warranties of $475,000, though warranty expense was $137,000. For 2019 , warranty expenses totaled $250,000 and costs to repair incurred under warranty were $205,000. Undertones also insures the life of its president, Feargal Sharkey. Premiums of $15,000 were paid in both 2018 and 2019 and Undertones is the beneficiary on the policy. At the end of 2018, management estimated that the DTA - Valuation Allowance account should have a balance of $12,000. Undertones' management decided that at the end of 2019 , the valuation allowance should be 5% of the Deferred Tax Asset balance. The tax rate was 35% for 2017 and 2018, but during 2018 Congress changed the applicable tax rate to 21% for 2019 and all subsequent years. In the event of a net operating loss, use the new tax rule under the TCJA related to NOLs: NOL carry forward and 80% limitation. Required: (a) Calculate taxable income for 2018 and 2019. (b) Calculate the balances in Deferred Tax Asset, Deferred Tax Liabilities, and DTA Valuation Allowance as of 12/31/18 and 12/31/19. (c) Determine Income Tax Expense or Benefit for 2018 and 2019. (d) Record the journal entries for income tax recognition that would be made as of the end of 2018 and 2019. (e) Calculate the effective tax rates for 2018 and 2019. (f) Prepare the bottom of the income statement for Undertones just for 2018, beginning with 'Income before Income Taxes' - you do not need to separate income tax expense or benefit into current and non-current portions.
The taxable income for 2019 is $145,000. The net DTA decreased by 5% to $475,000, and the Valuation Allowance increased to $25,000. No information is given on Deferred Tax Liabilities. In 2018, there was an income tax benefit of $-42,630, and in 2019, there was an income tax expense of $30,450. The effective tax rates for 2018 and 2019 are 170.52% and 23.42%. Undertones had a net loss of ($17,630) in 2018.
(a) To calculate taxable income for 2018 and 2019, we need to adjust pre-tax accounting income by considering the items that affect taxable income:
2018:
Pre-tax accounting income: $25,000
Add:
Non-taxable municipal bond interest: $75,000
Excess of straight-line over MACRS depreciation: $35,000
Less:
Unearned revenue earned in 2018: $30,000
Warranty expense over actual costs incurred: $137,000 - ($475,000 - $30,000) = $-308,000 (negative adjustment, as actual costs exceeded expense)
Taxable income for 2018: $25,000 + $75,000 + $35,000 - $30,000 - $308,000 = $-203,000 (net operating loss)
2019:
Pre-tax accounting income: $130,000
Add:
Non-taxable municipal bond interest: $50,000
Excess of MACRS over straight-line depreciation: $40,000
Less:
Unearned revenue earned in 2019: $30,000
Warranty expense over actual costs incurred: $250,000 - $205,000 = $45,000
Taxable income for 2019: $130,000 + $50,000 + $40,000 - $30,000 - $45,000 = $145,000
(b) Balances in deferred tax asset, deferred tax liabilities, and DTA valuation allowance as of 12/31/18 and 12/31/19:
Deferred Tax Asset (DTA):
As of 12/31/18: $500,000 - $12,000 (valuation allowance) = $488,000
As of 12/31/19: $500,000 - (5% of $500,000) = $475,000
Deferred Tax Liability:
No information provided indicates the creation or reversal of deferred tax liabilities.
DTA Valuation Allowance:
As of 12/31/18: $12,000
As of 12/31/19: 5% of $500,000 = $25,000
(c) Income Tax Expense or Benefit for 2018 and 2019:
Since the taxable income for 2018 is a net operating loss, there will be an income tax benefit. The income tax expense or benefit is calculated by multiplying taxable income by the applicable tax rate.
2018: $-203,000 (net operating loss) x 21% (new tax rate) = $-42,630 (income tax benefit)
2019: $145,000 (taxable income) x 21% (new tax rate) = $30,450 (income tax expense)
(d) Journal entries for income tax recognition as of the end of 2018 and 2019:
2018:
Income Tax Benefit (Income Statement) $42,630
Deferred Tax Asset $42,630
2019:
Income Tax Expense (Income Statement) $30,450
Deferred Tax Asset $30,450
(e) Effective tax rates for 2018 and 2019:
Effective tax rate = Income tax expense or benefit / Pre-tax accounting income
2018: $42,630 (income tax benefit) / $25,000 (pre-tax accounting income) = 170.52%
2019: $30,450 (income tax expense) / $130,000 (pre-tax accounting income) = 23.42%
(f) Bottom of the income statement for Undertones for 2018:
Income before Income Taxes: $25,000
Income Tax Benefit: ($42,630)
Net Income: ($17,630)
The negative net income indicates a net operating loss for 2018.
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On the loan below, what is the best estimate of the effective borrowing cost if the loan is prepaid 5 years after origination?
Loan amount $275,000
Interest rate 5.8%
compounding periods 12
maturity (yrs) 25 Up-front costs paid at closing 10%
a 8.70 b 8.40% c 8.37% d 8.50%
The main answer is: The best estimate of the effective borrowing cost is 8.70%.
Explanation:
To calculate the effective borrowing cost, we need to consider the loan amount, interest rate, compounding periods, maturity, and up-front costs.
First, let's calculate the total interest paid over the life of the loan. We can use the formula for compound interest:
Total Interest = Loan Amount * (1 + Interest Rate / Compounding Periods)^(Compounding Periods * Maturity) - Loan Amount
Total Interest = $275,000 * (1 + 5.8% / 12)^(12 * 25) - $275,000
Next, we calculate the total amount repaid, which includes the loan amount, total interest, and up-front costs:
Total Repayment = Loan Amount + Total Interest + (Up-front Costs * Loan Amount)
Total Repayment = $275,000 + Total Interest + (0.10 * $275,000)
Finally, we calculate the effective borrowing cost using the formula:
Effective Borrowing Cost = (Total Repayment / Loan Amount)^(1 / Maturity) - 1
Plugging in the values, we find:
Effective Borrowing Cost = ($275,000 + Total Interest + (0.10 * $275,000)) / $275,000)^(1 / 25) - 1
After evaluating the expression, we get the best estimate of the effective borrowing cost as 8.70%. Therefore, the correct answer is "a. 8.70%."
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If
your strategy is to invest a lot of money to keep your large market
share in a fast growing market your product is probably a
If your strategy is to invest a lot of money to keep your large market share in a fast-growing market, your product is probably a market leader or a well-established product with high brand recognition.
This type of strategy is commonly employed by companies that have already established a strong presence in the market and aim to maintain their dominant position.
The product is likely to have a significant customer base and a competitive advantage that allows it to capture a substantial portion of the market. By investing heavily in marketing, advertising, research and development, and other growth initiatives, the company aims to defend its market share against competitors and capitalize on the expanding market opportunities.
This strategy is often seen in industries such as technology, consumer goods, and automotive, where market leaders strive to stay ahead of the competition and leverage their established position to drive further growth. The company's financial resources and commitment to investment indicate a long-term perspective and a determination to sustain their market leadership in a fast-growing market.
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Briefly explain the difference between the following terms, especially in terms of environmental significance in respective environmental biotechnology fields.
(1) Degradation versus Transformation
(2) Bioaugmentation versus Biostimulation
(3) BOD versus COD
COD is useful in environmental biotechnology as it helps in assessing the overall pollution load in wastewater and determining the treatment processes required. Degradation refers to the process of breaking down complex
(1) Degradation versus Transformation:
Degradation refers to the process of breaking down complex organic compounds into simpler forms by microbial action or other natural processes. It involves the conversion of complex pollutants into simpler and less harmful substances. Degradation is significant in environmental biotechnology as it helps in the removal and detoxification of pollutants in the environment.
Transformation, on the other hand, refers to the alteration or modification of a substance without its complete breakdown. It involves chemical or biological reactions that convert one substance into another, often resulting in a change in properties or behavior. Transformation can be significant in environmental biotechnology as it may lead to the formation of more stable or less toxic compounds.
(2) Bioaugmentation versus Biostimulation:
Bioaugmentation is the process of introducing specific microbial cultures or enzymes into an environment to enhance the degradation or transformation of pollutants. It involves the addition of microorganisms that are specialized in breaking down certain contaminants. Bioaugmentation can be an effective method for bioremediation, especially in cases where natural microbial populations are insufficient to degrade pollutants.
Biostimulation, on the other hand, involves providing optimal conditions such as nutrients, oxygen, or electron acceptors to stimulate the growth and activity of indigenous microorganisms already present in the environment. Biostimulation promotes the natural degradation or transformation capabilities of microorganisms, without introducing additional organisms. It can be cost-effective and environmentally friendly.
(3) BOD versus COD:
BOD (Biochemical Oxygen Demand) and COD (Chemical Oxygen Demand) are both measures of the amount of oxygen required to oxidize organic and inorganic substances in water.
BOD specifically measures the amount of oxygen consumed by microorganisms during the biochemical degradation of organic matter in water. It is used as an indicator of the organic pollution level in water bodies. BOD is significant in environmental biotechnology as it helps in assessing the level of organic pollutants and the efficiency of wastewater treatment processes.
COD, on the other hand, measures the amount of oxygen required to chemically oxidize both organic and inorganic substances in water. It provides a broader assessment of the total amount of pollutants in water, including organic and inorganic compounds. COD is useful in environmental biotechnology as it helps in assessing the overall pollution load in wastewater and determining the treatment processes required.
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Consider a three-year project with the following information: initial fixed asset investment = $700,000; straight-line depreciation to zero over the 5-year life; zero salvage value; price = $39.23; variable costs = $28.19; fixed costs = $326,000; quantity sold = 85,000 units; tax rate = 22 percent. What is the OCF at the base-case quantity sold? What is the OCF at 86,000 units sold? How sensitive is OCF to changes in quantity sold?
The OCF at the base-case quantity sold is $477,672. The OCF at 86,000 units sold is $486,283. The OCF is sensitive to changes in quantity sold, with a 1% increase in quantity sold leading to a 0.1013% increase in OCF.
The OCF is calculated as follows:
OCF = (Price - Variable Costs) * Quantity Sold - Fixed Costs
In this case, the price is $39.23, the variable costs are $28.19, the fixed costs are $326,000, and the quantity sold is 85,000 units. Plugging these values into the formula, we get the following OCF:
OCF = (39.23 - 28.19) * 85,000 - 326,000 = $477,672
A 1% increase in quantity sold to 86,000 units will lead to an increase in OCF of:
(39.23 - 28.19) * 0.01 * 85,000 - 0 = $4,862
This represents a 0.1013% increase in OCF.
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The object portfolio management doing the diversification is to __________
a. Reduce the risk
b. Reduce the uncertainty risk
c. Reduce the unsystematic risk.
d. Make security selections
When the security higher the inevitable risk means_________
a. Higher variance
b. Higher standard deviation
c. Higher expected return
d. Higher probability of the returns
e. None of the above
The answer to the first question is c. Reduce the unsystematic risk.
The answer to the second question is b. Higher standard deviation.
Therefore, the correct answers are c and b.
Diversification is a risk management strategy that mixes a wide variety of investments within a portfolio in an attempt to reduce portfolio risk. This is done by investing in different asset classes, industries, and countries, so that if one asset class or sector performs poorly, the others may offset the losses. Diversification does not eliminate risk, but it can help to reduce it.
The standard deviation of a security is a measure of its volatility. A higher standard deviation means that the security is more likely to experience large swings in price. This is because the security is more sensitive to changes in the market.
Inevitable risk is the risk that cannot be diversified away. This includes risks such as market risk and inflation risk. The higher the inevitable risk, the higher the standard deviation of the security.
a. Reduce the risk. This is true, but it is not the only purpose of diversification. Diversification also helps to reduce the volatility of a portfolio, which can improve its risk-adjusted return.
b. Reduce the uncertainty risk. Uncertainty risk is the risk that cannot be predicted. This includes risks such as political risk and natural disasters. Diversification cannot reduce uncertainty risk.
d. Make security selections. Diversification is not about making security selections. It is about spreading your investments across different asset classes and industries to reduce your overall risk.
e. None of the above. This is not correct. The higher the inevitable risk, the higher the standard deviation of the security.
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Whether a contract is bilateral or unilateral depends upon what response the offeror expects from the offeree.
a.True
b.False
Which of the following is a definition for consideration?
a.Being cordial in the negotiation of contracts.
b.Refraining from unethical behaviour in the negotiation of contracts.
c.Being cordial and refraining from unethical behaviour in the negotiation of contracts.
d.The bargained-for exchange
The statement "Whether a contract is bilateral or unilateral depends upon what response the offeror expects from the offeree" is true.Consideration is defined as the bargained-for exchange. It is the benefit that is received by the promisor and the detriment that is incurred by the promisee, which is the essence of what each side provides to the other in a contract. So, option D is the correct answer.
What is a bilateral contract?
A bilateral contract is a type of contract that is based on an exchange of promises between two or more parties. In a bilateral contract, each party makes a promise or promises in exchange for the other party's promise(s).What is a unilateral contract?A unilateral contract is a type of contract that is created when one party makes a promise to do something in exchange for a specific action or performance by the other party. In a unilateral contract, only one party makes a promise, and the other party is not required to make any promises or take any action unless and until the first party performs as promised.
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mgmt: Bill
1. Bill has not worked for 2 years. He was replacing an electrical motor on a factory machine when he felt pain in his lower back and collapsed to the floor.
2. A first aider helped keep him still until an ambulance arrived – no mistakes were made by the 1st aider.
3. When he arrived at the hospital, he was treated with pain killers and a muscle relaxant and was kept overnight for observation.
4. He was released to his personal physician the next day who told him he had severely strained his lower back and that he would continue on pain killers and muscle relaxants as needed. His physician gave him 3 weeks off of work.
5. At the end of 3 weeks, Bill was still in pain, and his physician told him to stay home another 3 weeks.
6. After 6 weeks away from work, he still hurt, and his physician sent him for a CT scan, which took 3 months to schedule.
7. During this time, his employer made no contact with Bill and only received basic medical notes (i.e. Bill is still injured, and requires an additional 3 months of medical leave, signed by the PHYSICIAN).
8. The CT scan showed a very slight back disc herniation and the physician recommended the same medicine and 6 more weeks away from work.
1. Bill has now been away for 1 year! He gets bored, so tries to become more active doing chores around the house to help out his wife and kids.
2. One day, he lifted some laundry and he had another severe pain in his lower back. He collapsed to the floor and his eldest son called 999. When the ambulance arrived, they immediately took him to the hospital.
3. He could not stand straight for 2 days.
4. He was scheduled for an MRI scan in the hospital – 8 more months away. His physician continued his medications and gave him another medical note for 6 months' absence from work.
5.6 months later, the MRI showed that he needed surgery as his condition got worse.
6. His recovery from surgery was bad – some immediate pain relief in his back BUT he had some scar tissue that formed and caused numbness in his legs which meant he couldn't climb stairs.
7. Bill's physician told him he needed another surgery. 8 weeks later, Bill had a 2nd surgery.
8. While this 2nd surgery went well, he had to go to physiotherapy for 5 months – more time away from work.
9. At the end of this, his insurance company has decided that he is well enough to return to work.
BUT, the employer isn't sure what to do? Bill has now been away for almost 2 years. His job has been replaced by another worker
Discussion
What is going on here?
Role of:
•Physician
•Bill?
•Manager
•Co-Workers
•HR
OK – now what?
Mistakes.
How would you have dealt with this?
ROLES
The role of a physician is to assess Bill's injury and provide a diagnosis, prescribe medication, and refer him to a CT scan and then an MRI. The role of Bill is to follow the physician's instructions and receive treatment as recommended. The role of the manager is to keep in contact with Bill and his physician, inquire about his recovery, and arrange for a gradual return to work once he has been cleared. The role of co-workers is to be aware of the situation and be supportive, as well as prepared to assist Bill with the transition back to work. HR's role is to assess the impact on the organization and work with the manager to establish a plan for Bill's gradual return to work.MISTAKES
The manager made a mistake by not staying in touch with Bill during his prolonged absence from work and failing to make arrangements for his gradual return to work. Another mistake was not having a backup plan for Bill's job, which resulted in his job being replaced by another worker. Additionally, the physician took an excessively long time to schedule CT scans and MRI scans, resulting in delays in diagnosis and treatment. The insurance company did not receive regular updates on Bill's progress and did not consider all aspects of his condition before determining that he was able to return to work.
MY VIEW
A better approach would have been for the manager to keep in regular contact with Bill and his physician, establish a plan for his gradual return to work, and make sure that his job was adequately covered during his absence. The physician could have referred Bill to a physiotherapist or specialist earlier in the process, reducing the need for surgeries. The insurance company could have considered the impact of Bill's injury on his ability to perform his job, his quality of life, and his overall well-being.
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Consider a two-step tree where the time step is 3 months. Find the value of an American put with a strike price of $65 given that the current price of the stock is equal to $60. Assume that u and d equal 1.3 and .7 respectively and that the risk free rate is equal to 3% per annum with continuous compounding.Please show all work. Please use four decimal places for all calculations.
Find the values of delta for each step in the tree for problem 6. Comment on your answer.
The value of the American put option with a strike price of $65 and a current stock price of $60, using the given parameters and a two-step tree, is approximately $10.8961.
To find the value of an American put option with the given parameters, we'll construct a two-step tree and calculate the option value at each node using the backward induction method. Let's proceed with the calculations step by step:
Step 1: Calculate the parameters:
Current stock price (S0) = $60
Strike price (K) = $65
Up factor (u) = 1.3
Down factor (d) = 0.7
Risk-free rate (r) = 3% per annum = 0.03 (continuously compounded)
Time step (t) = 3 months = 0.25 years
Step 2: Calculate the stock prices at each node:
At time step 0, the stock price is S0 = $60.
At time step 1, the stock price can either go up to Su = S0 * u = $78 or down to Sd = S0 * d = $42.
At time step 2, the stock price can go up to Suu = Su * u = $101.4, stay the same at Sud = Su * d = $54.6, or go down to Sdd = Sd * d = $29.4.
Step 3: Calculate the option values at the final nodes:
At time step 2, the option value at each node is:
For Suu: Max(K - Suu, 0) = Max(65 - 101.4, 0) = 0
For Sud: Max(K - Sud, 0) = Max(65 - 54.6, 0) = 10.4
For Sdd: Max(K - Sdd, 0) = Max(65 - 29.4, 0) = 35.6
Step 4: Calculate the option values at the previous nodes:
At time step 1, the option value at each node is calculated using the risk-neutral probability:
For Su: V = e^(-r * t) * [p * V(Suu) + (1 - p) * V(Sud)]
where p = [e^(r * t) - d] / [u - d]
Using the given values, we get:
p = [e^(0.03 * 0.25) - 0.7] / [1.3 - 0.7] ≈ 0.4648
For Su: V = e^(-0.03 * 0.25) * [0.4648 * 0 + (1 - 0.4648) * 10.4] ≈ $5.1802
For Sd: V = e^(-0.03 * 0.25) * [0.4648 * 10.4 + (1 - 0.4648) * 35.6] ≈ $19.5433
Step 5: Calculate the option value at the initial node (time step 0):
At time step 0, the option value is calculated as:
V = e^(-r * t) * [p * V(Su) + (1 - p) * V(Sd)]
V = e^(-0.03 * 0.25) * [0.4648 * 5.1802 + (1 - 0.4648) * 19.5433] ≈ $10.8961
Therefore, the value of the American put option with a strike price of $65 and a current stock price of $60, using the given parameters and a two-step tree, is approximately $10.8961.
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17. the Commission rule on a square footage measurement requires a buyer broker to be responsible for
a. verifying the accuracy of the measurement provided by the listing broker
b. disclosing to the seller that square footage maybe a material fact
c. including square footage and the additional provisions of the contract to buy and sell real estate
d. indicating any obvious and significant mis-measurements
18. The Commission upon its own motion may, or upon a complaint, shall, investigate all the following except
a. Failure to disclose a stigmatized property
b. violating the Consumer Protection Act
c. failure to provide a closing statement
d. converting funds belonging to others
19. According to the Colorado status, when the sales price of a property in Colorado is $100,000, which of the following people must withhold and remit taxes from the non residents of Colorado
a. selling broker
b. listing broker
c. entity providing closing services
d. attorney representing the seller
17. The Commission rule on a square footage measurement requires a buyer broker to be responsible for (a) verifying the accuracy of the measurement provided by the listing broker. 18. The Commission upon its own motion may, or upon a complaint, shall, investigate all the following except (c) failure to provide a closing statement. 19. According to the Colorado status, when the sales price of a property in Colorado is $100,000, the people who must withhold and remit taxes from the non residents of Colorado (c) entity providing closing services.
17. The Commission rule on a square footage measurement requires a buyer broker to be responsible for verifying the accuracy of the measurement provided by the listing broker. It is required by the commission rule on a square footage measurement that a buyer broker be accountable for verifying the measurement's accuracy as provided by the listing broker.
18. The Commission upon its own motion may, or upon a complaint, shall, investigate all the following except failure to provide a closing statement. It is not true that the commission upon its own motion may or shall investigate the failure to provide a closing statement. The commission shall investigate failure to disclose a stigmatized property, violating the Consumer Protection Act, and converting funds belonging to others.
19. According to the Colorado status, when the sales price of a property in Colorado is $100,000, the entity providing closing services must withhold and remit taxes from the non-residents of Colorado. The entity providing closing services must withhold and remit taxes from the non-residents of Colorado according to Colorado status when the sales price of a property in Colorado is $100,000. Answer: C. Entity providing closing services.
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Question 2 (20 Marks)
Conduct an analysis on Samsung Electronics supply chain and operational strategy. How are they positioned to address the
current strategies taking into consideration the COVID-19 pandemic.
Samsung Electronics is positioned well to address the current strategies in light of the COVID-19 pandemic through its strong supply chain and operational strategy.
1. Robust Supply Chain: Samsung Electronics has a global supply chain network that is diversified and resilient. This allows them to source materials and components from multiple locations, reducing the risk of disruptions caused by the pandemic.
2. Inventory Management: The company maintains adequate inventory levels to meet customer demand while also accounting for potential supply chain disruptions. This enables them to respond quickly to changes in demand and minimize the impact of supply chain disruptions.
3. Production Flexibility: Samsung Electronics has the ability to quickly adjust its production capacity and prioritize critical products. This allows them to meet the changing demand patterns caused by the pandemic, such as the increased demand for electronics for remote work and entertainment.
Samsung Electronics' strong supply chain and operational strategy, combined with their ability to adapt and collaborate, position them well to address the current strategies during the COVID-19 pandemic.
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Given our discussions, which of the following statements is most accurate?
Group of answer choices
The development of a marketing strategy most likely precedes the development of an advertising strategy.
Advertising strategy usually precedes marketing strategy in the promotional process.
Marketing goals are typically based upon promotional objectives.
Assessing advertising effectiveness typically happens before the strategy is implemented.
None of the above.
After having discussions, the most accurate statement is that The development of a marketing strategy most likely precedes the development of an advertising strategy. What is marketing? Marketing is the process of creating, promoting, and delivering goods or services to satisfy customer needs and wants while also creating a profit for the firm.
It is divided into four stages: product, price, place, and promotion. Promotion is the focus of advertising. Promoting a product or service includes advertising, personal selling, sales promotions, and public relations. The aim of promotion is to attract attention, generate interest, produce desire, and elicit action. What is a marketing strategy? Marketing strategy refers to a company's overall plan for reaching its target market and attaining its organizational goals, including profitability, revenue growth, and market share. The marketing strategy defines the company's strategic positioning and lays out the plan for implementing that positioning.
What is an advertising strategy? An advertising strategy refers to the company's approach to promoting its goods or services to its target market. The advertising strategy's objective is to raise customer awareness of the product or service, generate consumer interest, produce desire for the product or service, and elicit consumer action. An advertising strategy's implementation is included in the promotion component of a marketing plan. The difference between marketing strategy and advertising strategy.
The marketing strategy is more comprehensive and covers the entire marketing mix, including the product, price, place, and promotion, while the advertising strategy focuses solely on the promotion aspect of the marketing mix. Because the marketing strategy is a more extensive and in-depth plan, it should precede the development of an advertising strategy. As a result, the statement "The development of a marketing strategy most likely precedes the development of an advertising strategy" is the most accurate statement.
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Computing Time Periods Consider That You, A Collqge Student, Have Recentlybeen Given A Trust Fund From Your Grandparents. The Grandparents Were Concernedabout Giving A Large Amount Of Money To A Young Person With No Experience Earning,Managing, Or Investing Money. Therefore, They Set Up The Trust So That The $L Millioninheritance Would Have To
Computing Time Periods Consider that you, a collqge student, have recently
been given a trust fund from your grandparents. The grandparents were concerned
about giving a large amount of money to a young person with no experience earning,
managing, or investing money. Therefore, they set up the trust so that the $l million
inheritance would have to triple in value to $3 million before you can have access to it.
They figured this would give you time to learn more about finance. Now you want to
estimate how long it will be before you can start spending some of the money. How
long will you have to wait if the fund earns an interest rate of 4 percent, 6 percent, or
9 percent per year?
The student will have to wait for around 24.17 years at a 4% annual interest rate, 17.67 years at a 6% annual interest rate, and 11.9 years at a 9% annual interest rate to start spending some of the money.
Given: Initial amount of the trust fund is $1 million. The trust fund must triple in value to $3 million to gain access to it. Interest rates of 4%, 6%, and 9% per annum are available. Solution:
The formula for calculating the future value of a present amount with compound interest is:
FV = P * (1 + r/n) ^ (n*t)Where, FV = Future ValueP = Principal Amount = Annual Interest Raten = Number of Times Compounded per year (compounding frequency)t = Number of Years
Let's first find out how long it would take to triple the money at a 4% interest rate:
Future value = $3 million present Value = $1 million annual Interest rate = 4%Number of times compounded per year = 1 (as the interest is compounded annually)t = Number of years
To find t, we'll use the formula:
FV = P * (1 + r/n) ^ (n*t)3,000,000 = 1,000,000 * (1 + 0.04/1) ^ (1*t)t = 24.17 years therefore, the time needed for the money to triple at a 4% annual interest rate is about 24.17 years.
Now, let's calculate the time period for the money to triple at a 6% interest rate:
Future value = $3 million present Value = $1 million annual Interest rate = 6%Number of times compounded per year = 1t = Number of years
To find t, we'll use the formula:
FV = P * (1 + r/n) ^ (n*t)3,000,000 = 1,000,000 * (1 + 0.06/1) ^ (1*t)t = 17.67 years
Therefore, the time needed for the money to triple at a 6% annual interest rate is about 17.67 years.
Let's now calculate the time it will take for the money to triple at a 9% interest rate:
Future value = $3 million present Value = $1 million annual Interest rate = 9%Number of times compounded per year = 1t = Number of years
To find t, we'll use the formula: FV = P * (1 + r/n) ^ (n*t)3,000,000 = 1,000,000 * (1 + 0.09/1) ^ (1*t)t = 11.9 years
Therefore, the time needed for the money to triple at a 9% annual interest rate is about 11.9 years.
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create a performance objective (quantifiable element), market share, promotional effectiveness, Market penetration and Other Key performance indicators for the company "undercover colors"
Answer:
Explanation:
Performance Objective: Increase annual sales revenue by 15% compared to the previous year.
Key Performance Indicators (KPIs) for Undercover Colors:
1. Market Share: Increase market share in the nail polish industry by 5% within the next fiscal year.
2. Promotional Effectiveness: Achieve a promotional conversion rate of at least 10%, measured by the percentage of customers who make a purchase after engaging with promotional campaigns.
3. Market Penetration: Expand into new geographic markets and achieve a 10% increase in market penetration within the next two years.
4. Customer Satisfaction: Maintain a customer satisfaction rating of 4 out of 5, as measured by post-purchase surveys and feedback, indicating high levels of customer satisfaction with Undercover Colors' products and services.
5. Brand Awareness: Increase brand awareness by achieving a 20% increase in brand recognition, measured through market research surveys or brand recall studies.
6. Return on Marketing Investment (ROMI): Achieve a ROMI of at least 3:1, indicating that the revenue generated from marketing efforts is at least three times higher than the marketing costs incurred.
7. Online Sales Growth: Increase online sales by 25% within the next year, measured by the percentage increase in revenue generated from online channels.
8. Retail Distribution Expansion: Secure partnerships with at least 50 new retail locations within the next two years, increasing the availability and visibility of Undercover Colors' products in the market.
9. Social Media Engagement: Increase social media engagement by achieving a 20% growth in followers, likes, shares, and comments across major social media platforms, indicating higher levels of brand engagement and customer interaction.
10. Product Innovation: Introduce at least two new innovative nail polish products each year, measured by the number of new product launches that successfully gain market traction and contribute to sales growth.
These performance objectives and KPIs can help Undercover Colors track and assess its progress, identify areas for improvement, and drive growth in market share, customer satisfaction, brand awareness, and overall business performance.
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Keating Co. is considering disposing of equipment with a cost of $59,000 and accumulated depreciation of $41,300. Keating Co. can sell the equipment through a broker for $33,000 less 6% commission. Alternatively, Gunner Co. has offered to lease the equipment for five years for a total of $45,000. Keating will incur repair, insurance, and property tax expenses estimated at $12,000 over the five-year period. At lease-end, the equipment is expected to have no residual value. The net differential income from the lease alternative is $2,970 $1,980 $2,376 $1,386
Keating Co. is considering selling or leasing equipment.
The net differential income from the lease alternative is $1,980
How to explainThe equipment has a cost of $59,000 and accumulated depreciation of $41,300. It can be sold for $33,000 less a 6% commission, or leased for $45,000 over five years.
Keating will incur repair, insurance, and property tax expenses of $12,000 over the five-year period.
The net differential income from the lease alternative is $1,980. Therefore, Keating should lease the equipment.
Here is a table that summarizes the financial implications of the two options:
Option Net Income
Sell $17,700 ($33,000 - $15,300)
Lease $19,800 ($45,000 - $25,200)
As you can see, the lease option results in a higher net income of $19,800, compared to $17,700 for the sell option. Therefore, Keating should lease the equipment.
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Apple' share price is increasing but several institutional investors are not able to purchase all the shares they desire at that time. Is there a legitimate argument that the DMM is holding back the shares to secure higher profits?
there is no legitimate argument that the DMM is holding back the shares to secure higher profits.
When several institutional investors are not able to purchase all the shares they desire at that time, there is a possibility that DMM (Designated Market Maker) is holding back the shares to secure higher profits.
DMM is a person or firm that is given a duty to maintain liquidity and fair pricing of a security in the trading market of the New York Stock Exchange (NYSE).
The DMM is responsible for ensuring that trading runs smoothly and that the supply of securities is matched with demand.
The DMM monitors the order book, an electronic record of buy and sell orders, and makes trades to keep supply and demand in balance.
In times of high demand, the DMM may hold back some shares to create scarcity and increase the price.
However, it should be noted that it is illegal for DMMs to manipulate prices or withhold shares for their own benefit.
If it is found that a DMM is engaging in such practices, it could lead to legal action and penalties.
Therefore, there is no legitimate argument that the DMM is holding back the shares to secure higher profits.
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Transcribed image text: When a continuous pill is brought into view, it creates an axis. True False QUESTION 9 When a discrete pill is brought into the view, it creates a label with panes for each value. True False QUESTION 10 Filtering on a discrete pill brings up options related to the specific list of values for that pill. True False
When a discrete pill is brought into view, it creates a label with panes for each value is False.Discrete fields usually create a Header with values listed below. Discrete data implies distinct values that are isolated from one another.
The header is referred to as a discrete field label by Tableau. For example, in the following visualization, we may see a number of distinct categories on the label, which can be clicked to bring up the corresponding view. Therefore, it is false that "When a discrete pill is brought into view, it creates a label with panes for each value".
QUESTION 10Filtering on a discrete pill brings up options related to the specific list of values for that pill. Filtering on a discrete pill in Tableau allows the user to pick from a list of choices for that specific field. A filter can be applied to a discrete pill, which implies that the values of the field are separated from one another.
In the following example, a discrete field "Category" was chosen and then dragged into the "Filters" shelf. As a result, the filter provides a drop-down menu with a list of categories to choose from, which allows you to filter the data by that specific category. Thus, it is true that "Filtering on a discrete pill brings up options related to the specific list of values for that pill".
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The T-Rex Company produces screen-printed T-shirts. To produce the shirts, T-Rex uses a standard quantity of 1.25 yards of polyester/cotton fabric that has a standard cost of $1.48 per yard. During the first quarter of 2014, T-Rex purchased and used 785,000 yards of fabric that cost $981,500. T-Rex manufactured 650,000 shirts during the quarter. As an accountant for the firm, your job is to find the direct materials price variance for fabric for the quarter. What are your findings? O $28,500 F O $29,875 F O $29,875 U O $23.550 U
The actual cost per yard is lower than the standard cost per yard and the direct material price variance is U29,875.
Option c is correct .
To calculate the direct material price variance for fabric, you need to compare the actual cost per yard of fabric to the standard cost per yard.
Standard amount of fabric per shirt = 1.25 yards
Standard cost per yard of fabric = $1.48
Actual amount of fabric purchased = 785,000 yards
Cost of actual fabric purchased = $981,500
Actual cost per meter of fabric = Actual cost of fabric purchased / Actual quantity of fabric purchased
= $981,500 / $785,000
= $1.25 per yard
To calculate the direct material price variance, use the following formula:
Direct Material Price Variance = (standard cost per yard - actual cost per yard) * actual quantity of fabric purchased
Direct Material Price Variance = ($1.48 - $1.25) * 785,000
= $0.23 * 785,000
= $180,550
Hence, Option c is correct .
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The correct question is :
The T-Rex Company produces screen-printed T-shirts. To produce the shirts, T-Rex uses a standard quantity of 1.25 yards of polyester/cotton fabric that has a standard cost of $1.48 per yard. During the first quarter of 2014, T-Rex purchased and used 785,000 yards of fabric that cost $981,500. T-Rex manufactured 650,000 shirts during the quarter. As an accountant for the firm, your job is to find the direct materials price variance for fabric for the quarter. What are your findings?
A. $28,500 F
B. $29,875 F
C. $29,875 U
D. $23.550
Answer ALL questions from the CASE STUDY COMPENSATION PHILOSOPHY AT AT&T ASSICU 15. (TOTAL I . This company believes that the compensation programme for executives at AT&T should be designed to attract and retain them for a long period. The compensation philosophy provides a strong link between achievement of overall company objectives and an executive's total earning opportunity. Core principles of this philosophy include competitive compensation opportunities, performance-based payments and that a significant portion of the total compensation opportunity should be equity-based (Board Compensation Committee Report on Executive Compensation). The current compensation philosophy of AT&T is effective in terms of attracting and retaining employees and high-calibre management personnel. It is also effective as it helps the company to motivate employees to enhance their performance towards achieving overall organizational goals and objectives. Compensation provided is externally competitive and internally equitable. All these are helpful for AT & T to reduce its employee turnover rate and build a sustainable competitive advantage in the market. Compensation Philosophy case 2016 May 20/www.assignmenthelpcxpcrts.com QUESTIONS: A. Describe THREE (3) compensation philosophies at AT&T, with examples of how these will enhance the company's goals. (9 marks) B. What are TWO (2) additional compensation philosophies that AT&T can benefit from? (6 marks) C. State FIVE (5) factors that affect compensation. (5 marks)
Market conditions, job requirements and capabilities, performance and outcomes, internal equity concerns, and adherence to legal and regulatory requirements are some of the variables that determine remuneration at AT&T. These elements are key in assessing the company's fair and competitive remuneration policies.
AT&T remuneration policiesA. Three compensation philosophies at AT&T, are:
Chances for Competitive Compensation: AT&T believes that offering chances for competitive compensation would help it attract and keep outstanding employees. AT&T makes sure that it stays a desirable employer in the market by providing pay and benefits that are equal to or greater than those given by competitors.AT&T's compensation policy places a strong emphasis on performance-based incentives. This implies that both an executive's personal and business performance are directly correlated with a sizeable amount of their overall salary. Financial goals, customer satisfaction scores, and other important performance indicators are examples of performance metrics.Equity-Based Compensation: AT&T supports offering equity-based compensation as a major component of total compensation opportunities. This can apply to grants of equity in the form of stock options, restricted stock units, or other means. Because CEOs profit from the long-term success of the company, AT&T aligns the interests of executives and shareholders by providing equity-based remuneration.B. Two additional compensation philosophies that AT&T can benefit from are:
Total Rewards Approach: AT&T has the option to use a total rewards strategy, which incorporates a wide range of awards and perks in addition to monetary compensation. This strategy acknowledges that employees enjoy a variety of benefits, including monetary remuneration, work-life balance, opportunity for professional growth, recognition, and other intangible pleasures. Pay for Performance Differentiation: By implementing a pay for performance differentiation plan, AT&T can further improve its compensation philosophy. This strategy involves varying remuneration based on the degrees of team and individual performance.C. Five factors that affect compensation are:
Market Factors: The external market conditions, including supply and demand for talent, industry standards, and competitor practices, significantly impact compensation. Job Requirements and Skills: The level of skills, expertise, and responsibilities associated with a particular job role influences compensation. Performance and Results: Individual or team performance and the achievement of specific goals can affect compensation. High performers may be eligible for bonuses, incentives, or merit-based salary increases, while poor performance may result in lower compensation or limited salary growth.Internal Equity: Internal equity refers to ensuring fair and consistent compensation within the organization. Factors such as job evaluation, internal pay structures, and pay parity across similar roles impact compensation decisions to maintain internal fairness.Legal and Regulatory Considerations: Compensation must adhere to legal requirements, including minimum wage laws, equal pay regulations, and other labor laws.Learn more on compensation here https://brainly.com/question/30157900
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You have invested in a commercial building that you are leasing to a national retail chain. The tenant has signed a 10-year lease agreement that cannot be canceled. You expect to collect $8,000 per month for the full term of the lease. Payments occur at the end of each month. What is the present value of this investment if the interest rate is 12% and compounded monthly? (Use the PV function in Excel to calculate the answer. Do not round any intermediate calculations. Round your final present value answer to the nearest whole dollar) The present value of this investment is
You have invested in a commercial building that you are leasing to a national retail chain. The tenant has signed a 10-year lease agreement that cannot be canceled. You expect to collect $8,000 per month for the full term of the lease. Payments occur at the end of each month. What is the present value of this investment if the interest rate is 12% and compounded monthly? (Use the PV function in Excel to calculate the answer. Do not round any intermediate calculations. Round your final present value answer to the nearest whole dollar) The present value of this investment is
