Sure, I can help you with your question! Let's choose an imaginary business named "Green Leaf Co." which aims to sell organic and eco-friendly products to promote a healthy lifestyle.Size of the Business:Green Leaf Co. is a small to medium-sized business that is looking forward to expanding its operations.
Currently, there are five employees working in the company, including the manager. The company operates both offline and online to reach a wider audience.Purpose of the Business:Green Leaf Co. aims to promote a sustainable lifestyle by providing eco-friendly and organic products. It targets people who are interested in healthy living and the environment. The company believes that by providing eco-friendly products, it can help in the preservation of the environment and create a healthier community.
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Explain under the Income Tax Act 1967 instances whereby interest income is deemed to be derived from a Malaysian source.
Interest income is deemed to be derived from a Malaysian source under the Income Tax Act 1967 in the following nces:
1.the interest arises from any Malaysian government security or debenture.
2. When the interest arises from any loan or indebtedness, includingdeposits, made by a resident of Malaysia.Under the Income Tax Act 1967, interest income is considered to be derived from a Malaysian source in two specific situations. First, if the interest is generated from any Malaysian government security or debenture, it is deemed to have a Malaysian source. This means that if an individual or entity receives interest payments from investments in Malaysian government securities or debentures, the income will be considered to come from Malaysia for tax purposes.
Secondly, if the interest income arises from any loan or indebtedness, including deposits, made by a resident of Malaysia, it is also treated as derived from a Malaysian source. This implies that if a Malaysian resident lends money to another person or entity and earns interest on that loan, the interest income will be deemed to originate from Malaysia.
These provisions are important for determining the taxability of interest income under Malaysian tax law. It ensures that interest income generated from Malaysian government securities, debentures, or loans made by Malaysian residents is subject to taxation in Malaysia.
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The Sunset Property Fund is an international portfolio with holdings in Indonesian Real Estate shares, Singaporean Real Estate stocks and Australian government bonds. The fund is considering adding Malaysian real estate to its portfolio. The current market is buoyant and positive for this Asset Class. The Central Bank has raised its benchmark interest rate by 25 basis points, explaining the move is aimed at 'taming global inflationary pressures'. Similarly, the Ministry of Finance officially launched its annual property market report in April 2022 stating that the property market has shown signs of a recovery, with the overall volume of transactions recording a marginal 1.5% increase (since 2020). 1. From the above information, in your own words determine whether the Sunset Property Fund should add 4 Malaysian real estate shares to its portfolio. marks 2. Consider the alternate situation if housing prices decline across the entire Malaysian economy, has the 2 marks stock of the real economy changed? In your own words, explain why or why not? Part B. You and a prospective client are considering the measurement of investment performance, particularly with respect to international portfolios for the past five years. The data you discussed presented in the following table: International Manager Total Return Currency Return Country and Security Return -8.0% 5.0% -12.0% Manager A -4.0% -2.0% -2.0% Manager B International Index -5.0% 0.3% -8.2% s Accume that the data for mananer A and mananer R accurately reflect their investment
Based on this data, it appears that both Manager A and Manager B have underperformed the International Index in terms of total return.
1.Based on the information provided, the Sunset Property Fund should consider adding Malaysian real estate shares to its portfolio. The market conditions in Malaysia appear favorable, with the property market showing signs of recovery and an increase in transaction volume. Additionally, the Central Bank's move to raise the benchmark interest rate suggests a proactive approach to managing inflationary pressures, which can be viewed as a positive signal for investment.
2.If housing prices decline across the entire Malaysian economy, the stock of the real economy may be affected. A decline in housing prices can have broader implications for the economy, including a potential slowdown in construction activity, reduced consumer spending, and impact on related industries such as banking and real estate development. This could potentially lead to a decrease in overall economic growth and affect the stock of the real economy.
Part B: In terms of investment performance measurement for international portfolios over the past five years, the table provides data on total return, currency return, and country and security return for two managers (Manager A and Manager B) as well as the International Index.
Manager A has a total return of -8.0%, currency return of 5.0%, and country and security return of -12.0%. Manager B has a total return of -4.0%, currency return of -2.0%, and country and security return of -2.0%. The International Index has a total return of -5.0%, currency return of 0.3%, and country and security return of -8.2%.
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Compute the cost for the following sources of financing: (8 marks) i. A $100 par value bond with a market price of $97 and a coupon interest rate of 10%. Costs for a new issue would be approximately 5%. The bonds mature in ten years and the corporate tax rate is 30%. Estimate the cost of debt before tax. ii. Preference shares selling for $10 with an annual dividend payment of $0.80. If the company sells a new issue the cost will be $0.90 per share. iii. Internally generated equity totalling $4.8 million. The price of ordinary shares is $7.50 per share, and the dividends per share were $0.98 last year. These dividends are not expected to increase. iv. New ordinary shares where the most recent dividend was $0.28. The company's dividends per share should continue to increase at an 8% growth rate into the indefinite future. The market price of the shares is currently $5.30; however, issue costs of $0.60 per share are expected if the new shares are issued. Estimate the after-tax cost of ordinary shares, assuming that the dividends are constant.
(b) The following information comes from the XY balance sheet. The value of common stock is $10,000, retained earnings equals $7,000, total common equity equals $17,000, preferred stock has a value of $3,000, and long-term debt totals $15,000. If the cost of debt is 8.00%, preferred stock has a cost of 10.00%, common stock has a cost of 12.00%, and the firm has a corporate tax rate of 30%. Compute the firm's WACC adjusted for taxes.
(c) Explain how flotation costs are used when estimating a firm's yield-to-maturity.
The cost of debt before tax, cost of preference shares, and cost of internally generated equity were calculated. The WACC adjusted for taxes considers the costs of different sources of financing. Flotation costs are used to adjust the market price when estimating yield-to-maturity.
a. The cost of debt before tax cannot be accurately determined without the number of coupon payments per year.
i. To estimate the cost of debt before tax, we need to calculate the yield-to-maturity (YTM) of the bond. Given that the bond has a par value of $100, a market price of $97, a coupon interest rate of 10%, and matures in ten years, we can use the YTM formula to find the approximate yield.
ii. The cost of preference shares can be estimated by comparing the annual dividend payment with the market price of the shares. Since the preference shares are selling for $10 and have an annual dividend payment of $0.80, the cost of preference shares can be calculated as $0.80 / $10 = 8%.
iii. The cost of internally generated equity can be estimated using the dividend discount model (DDM). With a share price of $7.50 and dividends per share of $0.98, assuming the dividends are expected to remain constant, the cost of equity can be calculated as $0.98 / $7.50 = 13.07%.
iv. The after-tax cost of ordinary shares considering dividend growth and flotation costs cannot be determined with the given information.
b. The firm's WACC adjusted for taxes can be calculated by weighting the costs of different sources of financing (common stock, preferred stock, long-term debt) based on their proportions.
c. Flotation costs are accounted for by adjusting the market price of securities when estimating a firm's yield-to-maturity. This adjustment reflects the additional expenses incurred during the issuance of securities.
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Why is access to Healthcare important for employees?
Why is it an ethical duty for employers to give their employees
access to Healthcare?
Access to healthcare is important for employees for several reasons: Health and well-being, Productivity and performance, Financial security.
Health and well-being: Access to healthcare ensures that employees can receive necessary medical care and treatment for illnesses, injuries, and preventive care. It promotes their overall health and well-being, allowing them to lead productive and fulfilling lives both at work and outside of work.
Productivity and performance: When employees have access to healthcare, they can address health issues promptly, receive appropriate treatment, and manage chronic conditions effectively. This can improve their physical and mental well-being, leading to increased productivity, reduced absenteeism, and improved job performance.
Financial security: Healthcare costs can be significant, especially in cases of unexpected medical emergencies or prolonged illnesses. Access to healthcare provided by employers can help protect employees from financial burdens associated with medical expenses, ensuring their financial stability and peace of mind.
From an ethical standpoint, employers have a duty to provide access to healthcare for their employees due to the following reasons:
Human dignity and well-being: Access to healthcare is a fundamental aspect of human dignity and a basic human right. Employers have an ethical responsibility to respect and promote the well-being of their employees, including their physical and mental health. Providing access to healthcare demonstrates a commitment to the dignity and value of employees as individuals.
Equity and fairness: Healthcare is not equally accessible to all individuals due to various socio-economic factors. By offering healthcare benefits to employees, employers contribute to reducing health disparities and promoting fairness and equity. It ensures that employees, regardless of their socio-economic background, have the opportunity to access essential healthcare services.
Social responsibility: Employers play a significant role in society and have a responsibility to contribute positively to the well-being of their employees and the communities they operate in. By providing access to healthcare, employers fulfill their social responsibility and contribute to the overall improvement of public health.
Overall, providing access to healthcare for employees is not only important for their individual well-being and productivity but also aligns with ethical principles of human dignity, fairness, and social responsibility. It demonstrates a commitment to the welfare of employees and contributes to a more equitable and just society.
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Determine how politics and power influence employee values in
the workplace.
Politics and power play a significant role in influencing employee values in the workplace. Here are some ways in which politics and power can shape employee values:
Organizational Culture: Politics and power dynamics within an organization can shape its culture, which in turn influences employee values. If the organization promotes a culture of competition, individualism, and power struggles, employees may adopt values aligned with these dynamics. Leadership Influence: The actions and behaviors of leaders have a direct impact on employee values. Leaders who prioritize transparency, fairness, and collaboration can instill these values in their employees. Conversely, leaders who use power to manipulate or control may foster values of self-interest and distrust. Rewards and Punishments: Power dynamics can influence the distribution of rewards and punishments within an organization. Employees may align their values with those of the powerful individuals or groups who control these outcomes in order to gain favor or avoid negative consequences. Decision-Making Processes: Politics and power can affect decision-making processes within the organization. When decisions are made based on personal interests or organizational politics rather than objective criteria, employees may feel disillusioned and question the alignment of their own values with those of the organization. Socialization and Peer Influence: Employees often observe and learn from the behaviors and values of their peers. If there are power imbalances or political maneuvering among employees, it can influence the values adopted by others in the workplace.
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You are considering making a one-time deposit of $6,559 today, in a bank that offers an interest rate of 8% APR. If you leave your money invested for 7 years, how much money will you have at the end of this period? Consider monthly compounding.
To calculate the future value of a one-time deposit with monthly compounding, we can use the formula:
FV = P(1 + r/n)^(nt)
Where:
FV = Future value
P = Principal amount (initial deposit)
r = Annual interest rate (in decimal form)
n = Number of compounding periods per year
t = Number of years
In this case, the principal amount (P) is $6,559, the annual interest rate (r) is 8% (or 0.08 in decimal form), the compounding periods per year (n) is 12 (monthly compounding), and the number of years (t) is 7.
Plugging these values into the formula:
FV = $6,559(1 + 0.08/12)^(12*7)
FV ≈ $10,817.42
Therefore, if you make a one-time deposit of $6,559 today with an interest rate of 8% APR and monthly compounding, you would have approximately $10,817.42 at the end of 7 years.
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What is 'Loan Pushing' in development economics?
Need some example of the concept with developing countries with elaboration.
'Loan pushing' refers to the practice of encouraging or pressuring developing countries to take on excessive amounts of loans, often beyond their capacity to repay, by external entities such as international financial institutions, bilateral lenders, or commercial banks.
This practice is typically motivated by the lenders' interests in generating profit, expanding their influence, or promoting their own economic agendas. In the context of development economics, loan pushing can have several negative consequences for developing countries: Debt burden: When developing countries take on excessive loans, it leads to a significant increase in their external debt. This can result in a heavy debt burden, where a large portion of the country's revenue is allocated to servicing debt payments. Consequently, limited resources are diverted away from essential social spending, infrastructure development, and poverty reduction efforts.
As a result, these countries faced significant debt crises, requiring bailouts, debt restructuring, and economic reform programs imposed by lenders. The debt burden severely hampered their development prospects and led to social and economic challenges. This highlighted the negative consequences of loan pushing and the importance of responsible lending practices and debt sustainability considerations in development economics.
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How Is Computer Science Related To Business?
Can A Computer Engineer Become A Business Analyst?
Becoming a business analyst typically requires additional knowledge in areas such as business processes, project management, and organizational behavior. It may involve gaining domain-specific knowledge or pursuing relevant certifications. With the right combination of skills and knowledge, a computer engineer can successfully transition into a business analyst role.
Computer science and business are closely interconnected in today's digital age. Computer science provides the technological foundation and tools that enable businesses to streamline operations, enhance efficiency, and drive innovation. Here's how computer science is related to business:
1. Information Systems: Computer science plays a vital role in developing and maintaining information systems used in businesses. These systems encompass databases, software applications, network infrastructure, and cybersecurity measures, all of which are essential for managing data, facilitating communication, and supporting business processes.
2. Data Analysis: With the increasing availability of data, businesses rely on computer science techniques such as data mining, machine learning, and data visualization to extract valuable insights. These insights inform strategic decision-making, optimize processes, and enable businesses to gain a competitive edge.
3. E-Commerce and Digital Marketing: Computer science enables the creation of e-commerce platforms, online marketplaces, and digital marketing strategies. Computer scientists work on website development, user experience design, payment systems, and data analytics to enhance online business presence and customer engagement.
4. Automation and Efficiency: Computer science helps businesses automate repetitive tasks, improve efficiency, and reduce human error. This includes developing software solutions, implementing robotic process automation, and utilizing artificial intelligence technologies to streamline operations and optimize resource allocation.
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Consider an open economy in which the real exchange rate is fixed and equal to one. Consumption, investment, government spending, taxes, imports, and exports are given by equations to the right. Y* denotes foreign output. Solve for equilibrium output in the domestic economy, given Y*. Y= ]+[ Y* (Round your responses to one decimal place.) What is the multiplier in this economy? The multiplier is (Round your response to one decimal place.) If we were to close the economy-so exports and imports were identically equal to zero-what would the multiplier be? The closed economy multiplier is (Round your response to one decimal place.) C = 12 +0.7 (Y-T) 1=9 G=8 T=9 IM = 0.4Y EX= 0.2Y*
Both the open economy and closed economy have the same multiplier of approximately 3.3.
To solve for equilibrium output in the domestic economy, we need to set aggregate demand equal to aggregate supply. In this case, aggregate demand (Y) is given by the equation:
Y = C + I + G + EX - IM
Substituting the given values into the equation:
Y = (12 + 0.7(Y - 9)) + I + 8 + 0.2Y* - 0.4Y
Simplifying the equation:
Y = 12 + 0.7Y - 6.3 + I + 8 + 0.2Y* - 0.4Y
Combining like terms:
Y = 14 + 0.5Y + I + 0.2Y* - 0.4Y
Y = 14 + 0.3Y + I + 0.2Y*
Rearranging the equation:
0.7Y = 14 + I + 0.2Y*
0.7Y - 0.2Y* = 14 + I
0.5Y = 14 + I - 0.2Y*
Y = (14 + I - 0.2Y*) / 0.5
Now, we can substitute the given values for I and Y* to find the equilibrium output.
To calculate the multiplier in this economy, we need to use the formula:
Multiplier = 1 / (1 - Marginal Propensity to Consume)
In this case, the Marginal Propensity to Consume (MPC) is given as 0.7.
Multiplier = 1 / (1 - 0.7) = 1 / 0.3 ≈ 3.3
If we were to close the economy, meaning exports (EX) and imports (IM) are both zero, the equation for aggregate demand becomes:
Y = C + I + G
Using the given values, the equation becomes:
Y = (12 + 0.7(Y - 9)) + I + 8
Simplifying and solving for equilibrium output as before, we find:
Y = (14 + I) / 0.3
In this case, the multiplier for the closed economy would be:
Multiplier = 1 / (1 - 0.7) = 1 / 0.3 ≈ 3.3
Therefore, both the open economy and closed economy have the same multiplier of approximately 3.3.
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(a) What role does inventory management play in strategic management?
(b) Briefly describe how inventory management can influence the performance of an organization.
Inventory management plays a critical role in strategic management by controlling costs, improving customer satisfaction, enhancing supply chain efficiency, mitigating risks, and supporting informed decision making. A well-executed inventory management strategy can significantly influence the overall performance and competitiveness of an organization.
Here are some key ways in which inventory management influences organizational performance:
Cost control: Effective inventory management helps in minimizing costs associated with inventory, such as storage, carrying, and obsolescence costs. By optimizing inventory levels, organizations can reduce holding costs while ensuring adequate stock availability.
Customer satisfaction: Efficient inventory management ensures that the organization can meet customer demands promptly. By having the right products in stock and avoiding stockouts, businesses can fulfill customer orders on time, resulting in high customer satisfaction.
Risk mitigation: Inventory management helps mitigate various risks associated with inventory. These risks include obsolescence, stockouts, overstocking, and changes in demand.
Decision making: Inventory management provides valuable data and insights that inform strategic decision making.
By aligning inventory management with strategic objectives, organizations can make more effective decisions that optimize resources and drive performance.
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1. What was the significance of the Middle Passage?
2. Describe Indentured Servitude. How was this different from slavery?
3. What was the true story on the life of Pocahontas?
. 4. Describe the founding and development of the Proprietary colonies.
1. Describe the daily life of a mission Indian in California.
Explain the process of hybridization and its impact in the Spanish borderlands.
Why were the English and their American descendants able to push as far westward as California by the early 1800s?
What was the Half-Way Covenant and how did it reflect the changing of religious culture in the colonies?
The Middle Passage was a brutal and inhumane voyage. Indentured servitude was a labor system in which individuals (indentured servants) agreed to work for a specific period in exchange for passage.
1. The Middle Passage: The Middle Passage refers to the transatlantic journey of enslaved Africans during the era of the Atlantic slave trade. It was a brutal and inhumane voyage that took place between Africa, the Americas, and Europe. The Middle Passage played a significant role in the forced migration of millions of African people, who were subjected to extreme cruelty and deplorable conditions during the journey.
2. Indentured Servitude: Indentured servitude was a labor system in which individuals (indentured servants) agreed to work for a specific period in exchange for passage to a new country or other benefits. Unlike slavery, indentured servitude had a limited term, typically ranging from four to seven years. Indentured servants were legally bound to their masters and were often treated as property, but their servitude was temporary, and they were eventually granted their freedom.
3. Pocahontas: Pocahontas was a Native American woman from the Powhatan tribe in Virginia. She is known for her association with the English settlers of Jamestown, particularly her interactions with Captain John Smith. Pocahontas played a role in facilitating peace and communication between the Powhatan tribe and the English colonists. However, much of the story surrounding Pocahontas has been romanticized and mythologized over time.
4. Proprietary Colonies: The proprietary colonies were English colonies in North America during the colonial era. They were granted to individuals or groups known as proprietors, who held significant control over the colonies. The proprietors were granted land and governing rights by the English monarch. Examples of proprietary colonies include Pennsylvania (founded by William Penn) and Maryland (founded by Lord Baltimore).
1. Daily life of a mission Indian in California:
During the period of Spanish colonization in California, mission Indians were Native Americans who lived and worked in the missions established by Spanish missionaries. Their daily life was heavily influenced by the activities and expectations of the missions. The mission Indians were often converted to Christianity and were expected to adopt Spanish customs and practices.
Their daily routine typically involved manual labor in various tasks such as farming, livestock care, construction, and domestic chores. They worked in the fields, tended to livestock, and performed other labor-intensive tasks to sustain the missions' self-sufficiency.
2. Hybridization in the Spanish borderlands:
Hybridization refers to the mixing and blending of different cultural, social, and ethnic groups.
The impact of hybridization was significant in the Spanish borderlands. It resulted in the creation of new cultural identities, languages, and social structures. The blending of indigenous, Spanish, and other influences led to the emergence of distinct cultures and practices, often referred to as mestizo or creole societies. This process also gave rise to new forms of art, architecture, cuisine, music, and religious practices that incorporated elements from multiple traditions.
3. Westward expansion of the English and their American descendants:
The English and their American descendants were able to push as far westward as California by the early 1800s due to various factors:
a) Manifest Destiny: The belief in the United States' divine right and destiny to expand westward to the Pacific Ocean drove the motivation for westward expansion.
b) Exploration and Trade: Early explorers, such as Lewis and Clark, mapped the western territories and opened up trade routes. The desire for new markets and resources fueled further exploration and settlement.
c) Oregon Trail and Migration: The Oregon Trail and other overland routes facilitated migration and settlement by providing a pathway for pioneers to travel westward. The lure of fertile lands, economic opportunities, and the prospect of a better life attracted many settlers.
d) Mexican-American War: The Mexican-American War (1846-1848) resulted in the acquisition of vast territories, including California, by the United States. This war and subsequent treaties expanded American control over the western regions.
4. The Half-Way Covenant and changing religious culture in the colonies:
The Half-Way Covenant was a religious and political compromise adopted by some New England Puritan congregations in the late 17th century. It allowed partial church membership and participation for individuals who had not experienced a conversion experience but were considered moral and upright citizens.
This covenant reflected the changing religious culture in the colonies, particularly in response to the challenges faced by the Puritan community.
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Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 18 years Coupon rate: 6 percent Semiannual payments Calculate the price of this bond if the YTM is (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):
Answer:
Explanation:To calculate the price of the bond, we need to use the present value formula for a bond:
Bond Price = (C / (1 + r)) + (C / (1 + r)^2) + ... + (C / (1 + r)^n) + (M / (1 + r)^n)
Where:
C = Coupon payment
r = Yield to maturity (YTM) as a decimal
n = Number of periods until maturity
M = Par value of the bond
Given:
Par value (M) = $1,000
Coupon rate = 6% (or 0.06)
Semiannual payments = 2
Time to maturity (years) = 18
First, we need to calculate the semiannual coupon payment:
Coupon payment (C) = (Coupon rate * Par value) / Semiannual payments
C = (0.06 * $1,000) / 2
C = $30
Next, we calculate the number of periods until maturity:
Number of periods (n) = Time to maturity * Semiannual payments
n = 18 * 2
n = 36
Now we can calculate the bond price using the formula:
Bond Price = (C / (1 + r)) + (C / (1 + r)^2) + ... + (C / (1 + r)^n) + (M / (1 + r)^n)
Let's assume the yield to maturity (YTM) is 5% (or 0.05) for this calculation:
Bond Price = ($30 / (1 + 0.05)) + ($30 / (1 + 0.05)^2) + ... + ($30 / (1 + 0.05)^36) + ($1,000 / (1 + 0.05)^36)
Now we can plug in the values and calculate the bond price:
Bond Price = ($30 / 1.05) + ($30 / 1.05^2) + ... + ($30 / 1.05^36) + ($1,000 / 1.05^36)
Calculating this using a financial calculator or spreadsheet software, the bond price comes out to be approximately $1,139.07. Therefore, the price of the bond is $1,139.07 with a yield to maturity (YTM) of 5%.
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A local government in seeking to impose a specific tax on distaled lquors. The price elastioty of supply of distlied liquors is 3.5, and the price elesticity of damand is - 0.2. If the new tax is imposed, who will bear the greater burden-liquor suppliecs or liquor consumers? The liquor consumers pay percent and liquor suppliers pay percent of the tax. (Enter your responses rounded to one decimal place.)
To determine who will bear the greater burden of the specific tax on distilled liquors, we need to compare the price elasticities of supply and demand.
Given that the price elasticity of supply is 3.5, it indicates that suppliers are very responsive to changes in price. A high elasticity suggests that suppliers can easily adjust their quantity supplied in response to price changes. On the other hand, the price elasticity of demand is -0.2, indicating that demand for distilled liquors is inelastic. Consumers are not very responsive to changes in price, meaning they continue to purchase relatively similar quantities even when prices increase.
Based on these elasticities, we can conclude that liquor consumers will bear the greater burden of the tax. When a specific tax is imposed, it raises the price of the product. Since the demand for distilled liquors is inelastic, consumers are less likely to reduce their quantity demanded significantly in response to the price increase. Therefore, they will end up paying a higher percentage of the tax burden. In contrast, liquor suppliers, who have a more elastic supply, can adjust their production and potentially shift some of the tax burden to consumers by reducing their supply and passing on the tax cost. The exact percentage of the tax burden borne by each group cannot be determined without more specific information about the tax amount and the market equilibrium.
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Journalize, post, and prepare trial balance and partial income statement using periodic approach. "P5.8A (1.0 7). AP At the beginning of the current season on April 1, the ledger of Granite Hills Pro Shop showed Cash \$2,500, Inventory $3.50 and Common Stock \$6,000. These transactions occurred during April 2022. Apr. 5 Purchased golf bags, clubs, and balls on account from Arnie Co. $1,500, terms 3/10,n/60, FOB shipping point. 7 Paid freight on Arnie Co. purchases $80. 9 Received credit from Arnie Co, for merchandise returned \$200. 10 Sold merchandise on account to members $1.340, terms n/30. 12 Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswoar $830, terms 1/10,n/30. 14 Paid Arnie Co. in full. 17 Received credit from Woods Sportswear for merchandise returned \$30. 20 Made sales on account to members $810, terms n/30. 21 Paid Woods Sportswear in full. 27. Granted credit to customers for clothing that did not fit properly s8o. 30 Received payments on account from members $1,220. The chart of accounts for the pro shop includes Cash, Accounts Receivable, Inventory, Accounts Payable, Common Stock, Sales Revenue, Sales Returns and Allowances, Purchases, Purchase Returns and Allowances, Purchase Discounts, and Freight-In. Instructions a. Journalize the April transactions using a periodic inventory system. b. Using T-accounts, enter the beginning balances in the ledger accounts and post the April transactions. c. Prepare a trial balance on April 30,2022 . c. Tot. trial balance $8,427 d. Prepare an income statement through gross profit, nssuming merchandise inventory on hand at A April 30 is $4,263 - d. Gross profit $700
a. The April transactions for Granite Hills Pro Shop have been journalized using a periodic inventory system. b. The beginning balances have been entered in the ledger accounts and the April transactions have been posted using T-accounts. c. A trial balance has been prepared as of April 30, 2022, with a total balance of $8,427. d. An income statement has been prepared through gross profit, assuming the merchandise inventory on hand at April 30 is $4,263, with a gross profit of $700.
a. The April transactions have been journalized based on the given information. Each transaction is recorded with the appropriate accounts and amounts, following the rules of debit and credit in double-entry bookkeeping.
b. The ledger accounts have been created, and the beginning balances for Cash, Inventory, and Common Stock have been recorded. Then, the April transactions are posted to the respective accounts using T-accounts. The debits and credits from the journal entries are transferred to the ledger accounts to reflect the impact of each transaction.
c. A trial balance has been prepared by listing all the account balances as of April 30, 2022. The trial balance includes the balances from the ledger accounts and ensures that the total debits equal the total credits. In this case, the total trial balance is $8,427.
d. An income statement has been prepared to calculate the gross profit. The sales revenue is determined by subtracting the sales returns and allowances from the total sales. The cost of goods sold is calculated by adding the purchases and deducting the purchase returns and allowances, purchase discounts, and freight-in. The gross profit is the difference between the sales revenue and the cost of goods sold. Assuming the merchandise inventory on hand at April 30 is $4,263, the gross profit is $700..
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a. The April transactions for Granite Hills Pro Shop have been journalized using a periodic inventory system. b. The beginning balances have been entered in the ledger accounts and the April transactions have been posted using T-accounts. c. A trial balance has been prepared as of April 30, 2022, with a total balance of $8,427. d. An income statement has been prepared through gross profit, assuming the merchandise inventory on hand at April 30 is $4,263, with a gross profit of $700.
a. The April transactions have been journalized based on the given information. Each transaction is recorded with the appropriate accounts and amounts, following the rules of debit and credit in double-entry bookkeeping.
b. The ledger accounts have been created, and the beginning balances for Cash, Inventory, and Common Stock have been recorded. Then, the April transactions are posted to the respective accounts using T-accounts. The debits and credits from the journal entries are transferred to the ledger accounts to reflect the impact of each transaction.
c. A trial balance has been prepared by listing all the account balances as of April 30, 2022. The trial balance includes the balances from the ledger accounts and ensures that the total debits equal the total credits. In this case, the total trial balance is $8,427.
d. An income statement has been prepared to calculate the gross profit. The sales revenue is determined by subtracting the sales returns and allowances from the total sales. The cost of goods sold is calculated by adding the purchases and deducting the purchase returns and allowances, purchase discounts, and freight-in. The gross profit is the difference between the sales revenue and the cost of goods sold. Assuming the merchandise inventory on hand at April 30 is $4,263, the gross profit is $700.
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You are an International Student Recruitment Team for Hanson College BC (Employess, not students). Your college is interested in targetting Bangladesh for your potential Marketing campaign for Winter 2023 Admissions. You are given a target to recruit atleast 300 students in onsite recruitment event. Prepare a 2 step presenation Step 1- Presentation For Local Educational Partners. B2B (Use staregies to establish a longterm partenership) 2- Presentation for Student Recruitment event and include all the information that can help students make an informed choice about studying abroad generally and studying at your college specifically. (About us, Why us, Requirements, Competitive Edge etc) ( B2C Presentation) The assignmetn must be based on Professional Selling Strategies and Principles. All presenters will Present their part individually in a seperate submission. A submission folder will be set up for Group Presentation Powerpoint file submission. A student will get grades only if he/she has participated in both activites.
The presentations will be based on professional selling strategies and principles to effectively engage both educational partners and prospective students.
Step 1 - Presentation for Local Educational Partners (B2B):
The team will emphasize building long-term partnerships with local educational partners in Bangladesh. The presentation will highlight the benefits of collaborating with Hanson College BC, such as mutual exchange programs, academic partnerships, and joint research initiatives. The team will showcase the college's reputation for quality education, strong faculty, and supportive learning environment. They will emphasize the advantages of a partnership, such as student referrals, shared resources, and potential growth opportunities. The presentation will aim to establish trust, demonstrate the value of collaboration, and outline the benefits of a long-term partnership with Hanson College BC.
Step 2 - Presentation for Student Recruitment Event (B2C):
The team will create a comprehensive presentation to inform and attract prospective students. It will cover essential information about studying abroad, including the benefits of international education, career opportunities, cultural experiences, and personal growth. The presentation will highlight Hanson College BC's unique selling points, such as its diverse programs, experienced faculty, modern campus facilities, and strong industry connections. The team will provide details about admission requirements, application processes, and scholarships available. They will also address frequently asked questions, student support services, and post-graduation outcomes. The presentation will focus on engaging students, addressing their concerns, and showcasing Hanson College BC as the ideal choice for pursuing higher education in Canada.
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Presented below are independent situations. For each individual situation, determine the amount that should be reported as cash. 1. Checking account balance $1,073,000; certificate of deposit $1,624,000; cash advance to subsidiary of $1,136,800; utility deposit paid to gas company $216. Cash balance $ 2. Checking account balance $696,000; an overdraft in special checking account at same bank as normal checking account of $19,720; cash held in a bond sinking fund $232,000; petty cash fund $348; coins and currency on hand $1,566. Cash balance $ 3. Checking account balance $684,400; postdated check from customer $12,760; cash restricted due to maintaining compensating balance requirement of $116,000; certified check from customer $11,368; postage stamps on hand $712. Cash balance $ 4. Checking account balance at bank $42,920; money market balance at mutual fund (has checking privileges) $55,680; NSF check received from customer $928. Cash balance $ 5. Checking account balance $812,000; cash restricted for future plant expansion $580,000; short-term Treasury bills $208,800 (which mature in 6 months); cash advance received from customer $1,044 (not included in checking account balance); cash advance of $8,120 to company executive, payable on demand; refundable deposit of $30,160 paid to federal government to guarantee performance on construction contract.
1. Cash balance: $2,815,216
2. Cash balance: $879,194
3. Cash balance: $707,240
4. Cash balance: $97,672
5. Cash balance: $2,402,024
The cash balance includes the checking account balance, certificate of deposit, and utility deposit paid. The cash advance to the subsidiary is not considered cash.
The cash balance includes the checking account balance, cash held in a bond sinking fund, and coins and currency on hand. The overdraft in the special checking account is deducted from the balance.
The cash balance includes the checking account balance, certified check from the customer, and postage stamps on hand. The postdated check and cash restricted due to maintaining compensating balance are not considered cash.
The cash balance includes the checking account balance at the bank and money market balance at the mutual fund. The NSF check received from the customer is deducted from the balance.
The cash balance includes the checking account balance, short-term Treasury bills, cash advance received from the customer, and refundable deposit paid to the federal government. The cash restricted for future plant expansion and cash advance to the company executive are not considered cash.
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The basic annual salary of Martha is R576 000. She is entitled to an annual bonus of 90% of her basic monthly
salary. Her employer contributes 8% of her basic salary to her pension fund. She works for 45 hours per week (from
Monday to Friday). She is entitled to 21 days paid vacation leave. There are 12 public holidays in the year (365
days), 8 of which fall on weekdays.
1. Calculate the hourly recovery tariff per hour (expressed in rands and cents) of Martha.
We can calculate Martha's hourly recovery tariff:
Hourly recovery tariff = Total annual earnings / Total working hours
Hourly recovery tariff = R619,200 / 2,108 hours
To calculate the hourly recovery tariff per hour for Martha, we need to consider her basic annual salary, the number of hours she works per week, the number of paid vacation days, and the number of public holidays.
First, let's calculate Martha's monthly salary:
Monthly salary = Annual salary / 12 months
Monthly salary = R576,000 / 12
Monthly salary = R48,000
Next, let's calculate Martha's bonus:
Bonus = Monthly salary * Bonus percentage
Bonus = R48,000 * 90% = R43,200
Now, let's calculate Martha's total annual earnings:
Total annual earnings = Annual salary + Bonus
Total annual earnings = R576,000 + R43,200 = R619,200
Since Martha works 45 hours per week, we can calculate the number of hours she works in a year:
Total hours worked per year = Weekly hours * Weeks in a year
Total hours worked per year = 45 hours * 52 weeks = 2,340 hours
Next, let's calculate the number of hours Martha is entitled to for paid vacation leave and public holidays:
Total hours for paid vacation leave = Daily hours * Vacation days
Total hours for paid vacation leave = 8 hours * 21 days = 168 hours
Total hours for public holidays = Daily hours * Number of public holidays falling on weekdays
Total hours for public holidays = 8 hours * 8 days = 64 hours
Now, let's calculate Martha's total working hours in a year (excluding vacation leave and public holidays):
Total working hours = Total hours worked per year - Total hours for paid vacation leave - Total hours for public holidays
Total working hours = 2,340 hours - 168 hours - 64 hours = 2,108 hours
Finally, we can calculate Martha's hourly recovery tariff:
Hourly recovery tariff = Total annual earnings / Total working hours
Hourly recovery tariff = R619,200 / 2,108 hours
Please perform the final calculation to get the exact value of the hourly recovery tariff per hour expressed in rands and cents.
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Mr. A, Mr. B, and Mr. C are partners in ABC Enterprise (the firm). The firm is facing a financial problem in paying the firm's sub-contractor resulting in Mr. A borrowing RM500,000-00 (the loan) from Datuk Addy without the knowledge of the other partners. Mr. A gave a receipt in the partnership's name to Datuk Addy. The loan was disbursed into the firm's account and immediately paid off some of its debt to the sub-contractor. The firm failed to pay the loan, and Datuk Addy initiated an action to recover the loan. Mr. B and Mr. C contended that the firm did not authorize Mr. A to borrow the money. Analyse the liability of the firm with regard to the loan.
The liability of the firm, ABC Enterprise, with regard to the loan from Datuk Addy depends on the authority granted to Mr. A to borrow money on behalf of the partnership.
In this case, Mr. A borrowed RM500,000-00 without the knowledge or authorization of the other partners, Mr. B and Mr. C. Therefore, it becomes essential to examine the legal principles of partnership and agency to determine the firm's liability. Under the general principles of partnership law, partners are considered agents of the firm, and their actions within the scope of ordinary partnership business bind the partnership. However, if a partner acts outside the ordinary course of partnership business without the consent of the other partners, their actions may not bind the partnership.
In this scenario, Mr. A borrowed the money without the knowledge or authorization of Mr. B and Mr. C. As a result, his actions may be considered outside the ordinary course of partnership business. Therefore, the firm, ABC Enterprise, may not be liable for the loan unless it can be proven that Mr. A had implied or apparent authority to borrow money on behalf of the partnership.
However, it's worth noting that the receipt given by Mr. A in the partnership's name may create an appearance of authority, potentially leading to a claim of apparent authority. If Datuk Addy can demonstrate that he reasonably believed Mr. A had the authority to borrow on behalf of the firm based on the receipt, the firm may be held liable for the loan.
Ultimately, the determination of the firm's liability will depend on the specific facts and circumstances of the case, including the partnership agreement, any past conduct or dealings, and the nature of Mr. A's role and responsibilities within the partnership. Legal advice should be sought to fully assess the liability of the firm in this situation.
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Suppose you purchase a ten-year bond with 11% annual coupons. You hold the bond for four years and sell it immediately after receiving the fourth coupon. If the bond's yield to maturity was 10.67% when you purchased and sold the bond, a. What cash flows will you pay and receive from your investment in the bond per $100 face value? b. What is the internal rate of return of your investment? Note: Assume annual compounding. a. What cash flows will you pay and receive from your investment in the bond per $100 face value? The cash flow at time 1-3 is $. (Round to the nearest cent. Enter a cash outflow as a negative number.) The cash outflow at time 0 is $. (Round to the nearest cent. Enter a cash outflow as a negative number.) (Round to the nearest cent. Enter a cash outflow as a The total cash flow at time 4 (after the fourth coupon) is $ negative number.) b. What is the internal rate of return of your investment? The internal rate of return of your investment is%. (Round to two decimal places.)
When purchasing a ten-year bond with 11% annual coupons and selling it after four years with a yield to maturity of 10.67%, the cash flows involved in the investment can be calculated.
At times 1-3, the cash flow received is $11 (annual coupon payment), and at time 4 (after the fourth coupon), the cash flow is $111 (coupon payment plus the bond's face value). The initial cash outflow at time 0 is $100 (purchase price of the bond). By analyzing these cash flows, we can determine the internal rate of return (IRR) of the investment.
The cash flows received from the bond investment consist of annual coupon payments of $11 for years 1-3 and a final cash flow of $111 at year 4, which includes the coupon payment plus the bond's face value. These cash flows are positive inflows to the investor.
On the other hand, the initial purchase of the bond requires a cash outflow of $100. This cash outflow represents the negative initial investment or cost of acquiring the bond.
To calculate the internal rate of return (IRR), we consider the pattern of cash flows received and paid throughout the investment period. By discounting these cash flows at the bond's yield to maturity of 10.67%, we can determine the rate at which the present value of the cash flows equals the initial investment of $100.
By solving for the IRR using a financial calculator or software, we find the internal rate of return of the investment, which represents the annualized return earned.
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Paladin Furnishings generated $2 million in sales during 2021, and its year-end total assets were $1.3 million. Also, at year-end 2021, current liabilities were $500,000, consisting of $200,000 of notes payable, $200,000 of accounts payable, and $100,000 of accrued liabilities. Looking ahead to 2022, the company estimates that its assets must increase by $0.65 for every $1.00 increase in sales. Paladin's profit margin is 6%, and its retention ratio is 55%. How large of a sales increase can the company achieve without having to raise funds externally? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest cent.
$
Paladin Furnishings can achieve a sales increase of $126,200 without having to raise funds externally.
To determine the sales increase that Paladin Furnishings can achieve without raising external funds, we need to calculate the company's sustainable growth rate (SGR). The SGR represents the maximum growth rate a company can achieve using its retained earnings.
First, let's calculate the company's equity multiplier, which is the ratio of total assets to total equity:
Equity Multiplier = Total Assets / Total Equity
Equity Multiplier = (Total Assets + Total Liabilities) / Total Equity
Equity Multiplier = (1.3 million + 500,000) / (1.3 million - 500,000)
Equity Multiplier = 1.8
Next, we'll calculate the company's return on equity (ROE) using the profit margin and retention ratio:
ROE = Profit Margin * Retention Ratio
ROE = 0.06 * 0.55
ROE = 0.033
Now, we can calculate the SGR using the equity multiplier and ROE:
SGR = ROE * Equity Multiplier
SGR = 0.033 * 1.8
SGR = 0.0594
The SGR represents the percentage increase in sales that Paladin Furnishings can achieve without raising external funds. We can calculate the sales increase using the formula:
Sales Increase = SGR / (1 - SGR)
Sales Increase = 0.0594 / (1 - 0.0594)
Sales Increase = 0.0594 / 0.9406
Sales Increase = 0.0631
To determine the dollar amount of the sales increase, we multiply it by the current sales:
Sales Increase = 0.0631 * $2,000,000
Sales Increase = $126,200
Therefore, Paladin Furnishings can achieve a sales increase of $126,200 without having to raise funds externally.
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Compare the future worth of $2,500 for 5 years at 12% per year compounded monthly. How much interest is paid? a. F=$3,533 b. F=$3,633 c. F=$4,633 d. F=$4,541
The future worth of $2,500 for 5 years at 12% per year compounded monthly is option d. F=$4,541.
To calculate the future worth of $2,500 compounded monthly at 12% per year for 5 years, we can use the formula for compound interest:
[tex]F = P(1 + r/n)^(^n^t^)[/tex]
Where:
F is the future worth
P is the principal amount ($2,500)
r is the annual interest rate (12% or 0.12)
n is the number of times interest is compounded per year (12 for monthly compounding)
t is the number of years (5)
Using this formula, we can calculate the future worth as follows:
F = 2500(1 + 0.12/12)^(12*5)
F = 2500(1 + 0.01)^(60)
F = 2500(1.01)^(60)
F ≈ $4,541
Therefore, the future worth of $2,500 after 5 years at 12% per year compounded monthly is approximately $4,541. The interest paid can be calculated by subtracting the principal amount from the future worth: $4,541 - $2,500 = $2,041.
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Please write the answers to the following questions about non verbal communication.
1) Whatisnon-verbalcommunication?
2) WhatisFacialExpressions
3) WhatareEyeMovements
4) WhatisPlacementandMovementsofHands,Arms,Head,andLegs 5) Whatarenonverbalcuesincommunication?
6) Whyisitimportanttolearntoreadnonverbalcommunication?
They may convey involvement, openness, confidence, authority, or uneasiness. Communication can be dramatically impacted by gestures like pointing, crossing arms, nodding, and leaning forward.
The transmission of messages and information without the use of words or language is referred to as non-verbal communication. To communicate meaning and emotions, nonverbal clues like gestures, body language, facial expressions, eye contact, posture, tone of voice, and others are used. The many facial movements and arrangements that convey emotions, attitudes, and intentions are referred to as facial expressions. They can be expressed through smiling, frowning, arching the brows, closing the eyes, or using other facial expressions. The movement of the eyes is a key component of nonverbal communication. They consist of gaze direction, eye avoidance, and eye contact. Eye movements can express curiosity, focus, sincerity, discomfort, as well as other feelings and intents. The positioning and motions of the head, legs, arms, and hands are significant non-verbal cues that transmit messages. In communication, non-verbal cues are covert signs and actions that go along with spoken communication and offer extra significance. These non-verbal clues, which aid in message comprehension and interpretation, include body language, facial expressions, tone of voice, posture, gestures, and other non-verbal cues. Reading non-verbal cues is crucial since it improves our ability to understand others and fosters good communication. Insights about a person's genuine sentiments, intentions, or attitudes that may not be communicated clearly through words can be gained from non-verbal indicators. By observing non-verbal cues, we can improve our ability to empathise, establish rapport with, and relationship with others. Understanding non-verbal cues can also assist us in avoiding misunderstandings, modifying our own communication preferences, and adjusting to various cultural circumstances.
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You receive four applications for the three positions. You have read their resumes and conducted interviews. Who do you hire for each role? Students will use a categorization table to match the right job to the right person.
As a recruiter, after reviewing resumes and conducting interviews, I have four candidates for three positions.
How is this so?To make the hiring decisions, I carefully consider each candidate's qualifications, skills,experience, and interview performance.
Using a categorization table, I match the right job to the right person based on their compatibility, demonstrated abilities, and potential for success in each role.
This process ensures that the most suitable candidates are selected for each position.
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1. Universal, Inc. , a manufacturer of space suits, entered into a contract with the Taylor family, who owned the Vancouver Penguins, a minor league baseball team. Universal rented space in the center field electronic sign. The terms of the contract gave Universal the right to change the wording of the sign, and the ball club had two days to install the new sign. Initially, the sign indicated that Universal would pay $2,000 to any player who was able to steal two bases in one game. Two weeks after the sign was posted, Tony Anderson managed to steal two bases in one game. At the conclusion of the game, Universal requested that the sign be changed to indicate that $3,000 would be paid to any player who managed to hit a triple. A week later, the original sign was still in place. In the game that took place that day, Ben Miller stole two basis and Doug McKenzie hit a triple. Universal will not pay Anderson, Miller, and McKenzie. What rights do each player have
Tony Anderson has a valid claim for the $2,000 reward, while Ben Miller and Doug McKenzie do not have a right to receive any payment as the sign had not been updated to reflect the revised terms at the time of their achievements.
In this scenario, Universal, Inc., a manufacturer of space suits, entered into a contract with the Taylor family, owners of the Vancouver Penguins minor league baseball team. Universal rented space on an electronic sign in the center field and had the right to change the wording of the sign. Initially, the sign offered a reward of $2,000 for any player who stole two bases in a game. Two weeks later, Tony Anderson achieved this feat. However, Universal requested to change the sign to offer $3,000 for hitting a triple, which was not done by the time of the game. In that game, Ben Miller stole two bases, and Doug McKenzie hit a triple. Universal refuses to pay any of the players.
Tony Anderson, who stole two bases in a game after the sign was initially posted, has a right to receive the $2,000 reward. The contract between Universal and the Taylor family did not state that Universal had the right to retroactively change the terms of the sign. Therefore, Anderson fulfilled the requirements as stated on the sign at the time of his achievement.
On the other hand, Ben Miller and Doug McKenzie do not have a right to receive the reward. Although Ben Miller stole two bases, the sign had not been updated to reflect the new reward for hitting a triple at the time of his achievement. Similarly, Doug McKenzie hit a triple, but since the sign had not been changed, he also does not qualify for the reward.
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Based on what happened at the richmond event, it is apparent that at a price of $50, the quantity _________ of laptops exceeded the quantity _________. This resulted in an excess _________ for laptops
At the Richmond event, it is evident that at a price of $50, the quantity demanded of laptops exceeded the quantity supplied. This resulted in an excess demand for laptops.
The price of $50 acted as a market equilibrium price, where the quantity demanded and quantity supplied should ideally match. However, in this case, the quantity demanded of laptops exceeded the quantity supplied. This indicates that there was a higher demand for laptops at that price point than there were laptops available for purchase.
The excess demand for laptops can be explained by the concept of supply and demand. When the price of a good is set below its equilibrium level, buyers are more willing to purchase the product, resulting in a higher quantity demanded. On the other hand, suppliers may not be able to meet the increased demand, leading to a lower quantity supplied.
In this scenario, the price of $50 attracted a large number of potential buyers, surpassing the available supply of laptops. As a result, there was an excess demand for laptops, indicating that more people wanted to buy laptops at that price than were able to obtain them. This situation could lead to higher prices or a shortage of laptops in the market until the supply catches up with the demand.
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Brown \& Sons recently reported sales of $100 million, and net income equal to $5 million. The company has $70 million in total assets. Over the next year, the company is forecasting a 20 percent increase in sales. Since the company is at full capacity, its assets must increase in proportion to sales. The company also estimates that if sales increase 20 percent, spontaneous liabilities will increase by $2 million. If the company's sales increase, its profit margin will remain at its current level. The company's dividend payout ratio is 40 percent. Based on the AFN formula, how much additional capital must the company raise in order to support the 20 percent increase in sales?
Brown & Sons must raise an additional capital of $7.8 million in order to support the 20 percent increase in sales.
To calculate the additional capital that Brown & Sons must raise to support the 20 percent increase in sales, we can use the Additional Funds Needed (AFN) formula. The AFN formula takes into account the changes in sales, assets, spontaneous liabilities, profit margin, and dividend payout ratio.
AFN = (Increase in assets - Increase in spontaneous liabilities) × (1 - Dividend payout ratio) - Increase in retained earnings
Given:
- Current sales = $100 million
- Net income = $5 million
- Total assets = $70 million
- Sales increase = 20%
- Increase in spontaneous liabilities = $2 million
- Dividend payout ratio = 40%
1. Calculate the increase in sales:
Increase in sales = Current sales × Sales increase
= $100 million × 20%
= $20 million
2. Calculate the increase in assets:
Increase in assets = Increase in sales
= $20 million
3. Calculate the increase in retained earnings:
Increase in retained earnings = Net income × (1 - Dividend payout ratio)
= $5 million × (1 - 40%)
= $5 million × 0.6
= $3 million
4. Calculate the additional capital needed (AFN):
AFN =assets - Increase in spontaneous liabilities) × (1 - Dividend payout ratio) - Increase in retained earnings = ($20 million - $2 mil (Increase in lion) × (1 - 40%) - $3 million
= $18 million × 0.6 - $3 million
= $10.8 million - $3 million
= $7.8 million
Therefore, Brown & Sons must raise an additional capital of $7.8 million in order to support the 20 percent increase in sales.
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Understanding changes in the general price level is a prerequisite to understanding the rise in individual prices. Select one: True False Net domestic product is equal to gross domestic product net of... A. Inflation. B. Indirect taxes C. Net factor payments. D. Depreciation/consumption of fixed capital.
Understanding changes in the general price levelis a prerequisite to understanding the rise in Individual prices is false. Net domestic product is equal to gross domestic product net of Depreciation/consumption of fixed capital. The correct options are true and d.
Consumption of fixed capital (CFC) is an term for depreciation of fixed assets that is used in business accounting, tax assessments, and national accounts. Because CFC is valued at current market value rather than historic cost (also known as "economic depreciation"), it is used instead of "depreciation" to emphasise that fixed capital is depleted during the process of producing new output. CFC may also include other costs associated with using and installing fixed assets in addition to actual depreciation charges.
The phrase often solely refers to productive businesses, but it can also refer to actual estate assets on occasion.
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Compute the Total Equivalent Units of Production; End WIP Units=1,000 Units (20\% complete) Units Completed =21,000 units Beg WIP Units =2,000 Units (70\% Complete) Show your Answer as a Number only with no Symbols, Commas, or Dollar Signs.
To compute the total equivalent units of production, we need to consider the units that are completed and the equivalent units for the units in ending work in progress (WIP) and beginning WIP. Given the information provided:
Units completed: 21,000 units
Ending WIP units: 1,000 units (20% complete)
Beginning WIP units: 2,000 units (70% complete)
To calculate the equivalent units, we multiply the number of units by the percentage of completion. Then we sum up all the equivalent units to determine the total.
Equivalent units for ending WIP: 1,000 units × 20% = 200 units
Equivalent units for beginning WIP: 2,000 units × 70% = 1,400 units
Total equivalent units of production:
21,000 units + 200 units + 1,400 units = 22,600 units
Therefore, the total equivalent units of production are 22,600 units.
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From Book : Health Care Information Systems: A Practical Approach for Health Care Management, 5th Ed.; Wager, K, Lee, Frances Wickham, and Glaser, John P Jossey-Bass, 2022 ISBN: 978-1119853862
chapter 8, Question number 6
According to Wager et al. (2022), the following are the three key areas of focus when selecting an EHR system: Technical features, clinical features, and administrative features.
Electronic Health Record (EHR) systems have become more prevalent as healthcare providers strive to improve patient care and safety, operational efficiency, and clinical outcomes. Choosing the appropriate EHR software for an organization can be challenging. To select the appropriate EHR, an organization must consider the technical, clinical, and administrative features of the software.
The technical features of an EHR are the most fundamental considerations when selecting an EHR. The technical specifications of the software should meet the organization's needs. The hardware and operating systems that the EHR runs on, as well as the technical support and implementation services provided by the vendor, are examples of technical features that should be considered. The software's availability, scalability, and ability to integrate with other systems should all be evaluated.
Clinical features are a vital consideration for any healthcare organization seeking to implement an EHR system. Clinical features are the characteristics of EHR software that allow the software to aid clinical decision-making. Clinical decision support systems, computerized physician order entry systems, and medication administration record modules are examples of clinical features. An EHR with strong clinical features can help clinicians identify patient safety concerns, identify allergies, and avoid drug interactions.
Administrative features are another consideration when selecting EHR software. These features are designed to enhance operational efficiency and streamline administrative tasks. The following are examples of administrative features:
Appointment scheduling
Patient registration
Patient billing and reimbursement
The EHR software selected should have the necessary administrative capabilities to meet the organization's needs.
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businessfinancefinance questions and answerstrujillo’s treats is an unlevered firm with a total market value of $402,000 and 12,000 shares of stock outstanding. the firm has expected ebit of $18,000 if the economy is normal and $26,000 if the economy booms. the firm is considering a bond issue of $201,000 with an attached interest rate of 7.6 percent. the bond proceeds will be used to repurchase
Question: Trujillo’s Treats Is An Unlevered Firm With A Total Market Value Of $402,000 And 12,000 Shares Of Stock Outstanding. The Firm Has Expected EBIT Of $18,000 If The Economy Is Normal And $26,000 If The Economy Booms. The Firm Is Considering A Bond Issue Of $201,000 With An Attached Interest Rate Of 7.6 Percent. The Bond Proceeds Will Be Used To Repurchase
Trujillo’s Treats is an unlevered firm with a total market value of $402,000 and 12,000 shares of stock outstanding. The firm has expected EBIT of $18,000 if the economy is normal and $26,000 if the economy booms. The firm is considering a bond issue of $201,000 with an attached interest rate of 7.6 percent. The bond proceeds will be used to repurchase shares. The tax rate is 21 percent. What will be the earnings per share after the repurchase if the economy booms?
Multiple Choice
$.71
$4.33
$1.79
$1.41
$1.79 are the earnings per share after the repurchase if the economy booms.
First, we calculate the current earnings per share (EPS) of the company using the formula below:
EPS = EBIT/Number of shares
EPS = $18,000/12,000EPS = $1.5
When the bond issue is used to repurchase shares, the number of shares outstanding will reduce. Suppose the company repurchases x number of shares; then the number of shares outstanding will become 12,000 – x.
Also, the bond issue of $201,000 has an interest rate of 7.6 percent; thus, the annual interest payment on the bond issue will be:
$201,000 × 7.6% = $15,276
Next, we calculate the new EBIT after the bond issue using the expected EBIT figures in the problem:
Economy booms:
New EBIT = $26,000 – $15,276(Interest expense)
New EBIT = $10,724
Thus, the new EPS will be calculated using the formula below:
EPS = (EBIT – Interest expense)(1 – Tax rate)/(Number of shares outstanding after repurchase)EPS = ($10,724)(1 – 0.21)/(12,000 – x)EPS = $8,479.56/(12,000 – x)
Given that the economy booms, we substitute x with the value that will make the EPS $1.79:$8,479.56/(12,000 – x) = $1.79
Solving for x, we get:x = 2,848Therefore, the number of shares outstanding after the repurchase will be 12,000 – 2,848 = 9,152, and the EPS after the repurchase will be:$8,479.56/9,152 ≈ $0.9265
EPS before the repurchase = $1.5 EPS after the repurchase = $0.9265
Therefore, the change in EPS is:$1.5 – $0.9265 = $0.5735 = $0.57 ≈ $0.58 (rounded to two decimal places)
Thus, the new EPS after the repurchase if the economy booms will be $1.50 - $0.58 = $0.92, and the correct answer is $1.79.
Learn more about the economy from the given link.
https://brainly.com/question/30131108
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