The role of a General Manager (GM) in a company is to oversee and manage different aspects of the business. These include investor relations, property management, and standards modeling.
Below are the specific roles of a GM in these areas:
a. Investor Relations: The GM is responsible for maintaining a positive relationship with investors and keeping them informed about the company's financial performance and future plans. This may include presenting financial reports, responding to investor inquiries, and communicating any major changes or developments in the company. For example, if the company is planning to launch a new product or expand into a new market, the GM may hold a conference call or meeting with investors to discuss the details and answer any questions they may have.
b. Property Management: The GM is responsible for overseeing the maintenance and upkeep of the company's physical properties. This may include managing leases, coordinating repairs and renovations, and ensuring that the properties are in compliance with local laws and regulations. For example, if the company owns a retail store, the GM may be responsible for ensuring that the store is clean, well-maintained, and stocked with the necessary supplies.
c. Standards Modeling: The GM is responsible for setting and enforcing standards for the company's products and services. This may include developing quality control procedures, training employees on company standards, and monitoring compliance with these standards. For example, if the company produces food products, the GM may be responsible for ensuring that the products meet all safety and quality standards before they are shipped to customers.
To know more about General Manager click on below link:
https://brainly.com/question/30571097#
#SPJ11
Sarbanes-Oxley Act controls all the following except:monopoliescensureindividual accountabilitypublic accounting requirementsHostile takeover in the field of strategic management refers to which of the following?A takeover that is deemed illegal by the SEC.A takeover that is forced to take on assets/liabilities that would become very unattractive.A takeover that forces the unfriendly firm to repurchase large amounts of stock at a premium.A takeover that is strongly resisted by the target firm.
The Sarbanes-Oxley Act does not control monopolies.As for the second question, a hostile takeover in the field of strategic management refers to "A takeover that is strongly resisted by the target firm."
Monopolies is primarily concerned with regulating financial practices and ensuring transparency and accountability in publicly traded companies. Therefore, the correct answer to the first question is "monopolies."
This type of hostile takeover occurs when one company attempts to acquire another company without the consent of the target company's board of directors or management. It is often characterized by aggressive tactics, such as buying large amounts of stock in the target company or making a public offer to buy the company at a premium price.
For such more questions on monopolies:
brainly.com/question/13113415
#SPJ11
A Company has been offered the possibility of entering two projects:
a) A five years project that consists on an initial investment of 100,000 EUR and a set of 5 yearly revenues of 25,000 EUR from year 1 onwards
b) A ten years project that consists on an initial investment of 100,000 EUR and a set of 10 yearly revenues of 20,000 EUR from year 1 onwards.
What is the payback period for project B?
(Write the answer with one figure only)
Payback period is the time it takes for an investment to generate sufficient cash flow to recover the initial cost of the investment. For Project B, the initial investment is €100,000 and the annual return is €20,000.
To calculate payback period, you can use the following formula:
Payback Time = Initial Investment / Annual Cash Flow
= €100,000 / €20,000
= 5 years
Therefore, the payback period for Project B is 5 years.
The payback period is a financial metric used to evaluate the time it takes for an investment to generate enough cash flow to recover its initial cost. In other words, it's the length of time required for an investment to break even. To calculate the payback period, you divide the initial investment by the expected annual cash inflow. The resulting number represents the number of years it will take for the investment to pay for itself.
Here to learn more about the payback period at the link
https://brainly.com/question/23149718
#SPJ11
1. You have just taken our a $28,000 car loan with a 6% APR, compounded monthly. The loan is for five years. When you make your first payment in one month, how much of the payment will go toward the principal of the loan and how much will go toward interest?
When you make your first payment $___________ will go toward the principal of the loan and $ _________ will go toward the interest.
2. You have found three investment choices for one-year deposit: 9.4% APR compounded monthly, 9.4% APR compounded annually, and 8.7% APR compounded daily. Compute the EAR for each investment choice. (Assume the there are 365 days in the year) (Note: not to around any intermediate steps less than six decimal places)
The EAR for the first investment choice is _____ % (Round to three decimal)
The EAR for the second investment choice is _____ % (Round to three decimal)
The EAR for the third investment choice is _____ % (Round to three decimal)
1. To find out how much of the first payment will go toward the principal and how much will go toward interest, we can use the following formula:
Monthly Payment = (Loan Amount * Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)^(-Number of Months))
Monthly Interest Rate = APR / 12 = 6% / 12 = 0.5%
Number of Months = 5 years * 12 months = 60 months
Monthly Payment = ($28,000 * 0.005) / (1 - (1 + 0.005)^(-60)) = $540.34
To find out how much of the first payment will go toward interest, we can multiply the loan amount by the monthly interest rate:
Interest Portion = Loan Amount * Monthly Interest Rate = $28,000 * 0.005 = $140
To find out how much of the first payment will go toward the principal, we can subtract the interest portion from the monthly payment:
Principal Portion = Monthly Payment - Interest Portion = $540.34 - $140 = $400.34
So, when you make your first payment, $400.34 will go toward the principal of the loan and $140 will go toward interest.
2. To compute the EAR for each investment choice, we can use the following formula:
EAR = (1 + APR / n)^n - 1
Where APR is the annual percentage rate and n is the number of compounding periods per year.
For the first investment choice, APR = 9.4% and n = 12 (compounded monthly):
EAR = (1 + 0.094 / 12)^12 - 1 = 0.0976 = 9.76%
For the second investment choice, APR = 9.4% and n = 1 (compounded annually):
EAR = (1 + 0.094 / 1)^1 - 1 = 0.094 = 9.4%
For the third investment choice, APR = 8.7% and n = 365 (compounded daily):
EAR = (1 + 0.087 / 365)^365 - 1 = 0.0907 = 9.07%
So, the EAR for the first investment choice is 9.76%, the EAR for the second investment choice is 9.4%, and the EAR for the third investment choice is 9.07%.
To know more about Effective Annual Rate
https://brainly.com/question/14958384
#SPJ11
please I need a unique answer as soon as possible**************************************************************Outsourcing and offshoring initiatives can help an organization fine-tune its business model to become more resilient and profitable. At the same time, these initiatives present challenges.In today’s highly competitive, extremely variable, and dynamic environment, many firms are seeking solutions. Supply chain management becomes more sophisticated and the difference between what firms want to achieve and what they can do in-house continues to grow, firms begin to realize that doing the right thing becomes more interesting than doing everything. Accordingly, they are becoming better focused and more specialized by outsourcing and offshoring activities that are far from their core businesses. In many cases firms decide to outsource this function in whole or in part to agents or third-party logistics firms.Using this concept of offshoring and outsourcing answer the following questions by taking any Saudi Local company or any Multinational company.Each part of Q1 Carrying 2 Marks.Q 1:a. Why do companies outsource? (Use example of any Saudi company along its objective and scope for outsource). (400-500 Words)b. Assess the reasons for using third party logistics service in Saudi Arabia? Using examples, Explanation regarding their logistics performance and priorities. (400-500 Words)c. On what ground companies choose developing country's location for offshoring? Use examples. (Mention the country and decisive factors). (400-500 Words)
A. Companies outsource for a variety of reasons, including cost savings, access to specialized expertise, increased efficiency, and the ability to focus on core competencies.B. There are several reasons for using third party logistics (3PL) services in Saudi Arabia. One reason is the ability to access specialized expertise and technology that may not be available in-house.C. Companies choose developing countries for offshoring for a variety of reasons, including lower labor costs, access to skilled labor, and favorable business environments.
A.One example of a Saudi company that has outsourced is Saudi Aramco, the state-owned oil company. Saudi Aramco has outsourced various functions, including information technology services and engineering services, to companies such as Accenture and Jacobs Engineering Group. The objective of outsourcing these functions is to reduce costs and improve efficiency, while allowing Saudi Aramco to focus on its core business of oil production and exploration.
B. There are several reasons for using third party logistics (3PL) services in Saudi Arabia. One reason is the ability to access specialized expertise and technology that may not be available in-house. For example, a company may use a 3PL provider for warehousing and distribution services, which can help to reduce costs and improve efficiency. Another reason for using 3PL services is the ability to scale operations quickly and efficiently, without the need to invest in infrastructure and personnel. For example, a company may use a 3PL provider to handle an increase in demand during peak seasons, without having to invest in additional warehouses and staff.
C. Companies choose developing countries for offshoring for a variety of reasons, including lower labor costs, access to skilled labor, and favorable business environments. One example of a company that has offshored to a developing country is General Electric (GE), which has offshored manufacturing and engineering services to India. The decisive factors for GE's decision to offshore to India include lower labor costs, access to a large pool of skilled engineers, and a favorable business environment that supports foreign investment.
For such more questions on logistics performance:
brainly.com/question/28190011
#SPJ11
What do we mean by Perceived Service Quality? Explain and highlight the implications
Perceived Service Quality is a customer's evaluation of the overall excellence or superiority of a service or product. It is a measure of how well a service meets or exceeds the customer's expectations. The implications of Perceived Service Quality are that it can impact customer satisfaction and loyalty, which can ultimately affect a company's profitability and success.
It is important for companies to ensure that they are providing high-quality services in order to maintain a positive perception from customers. This can be achieved by regularly monitoring customer feedback, conducting quality control checks, and providing excellent customer service. By doing so, companies can improve their Perceived Service Quality and increase customer satisfaction and loyalty.
In conclusion, Perceived Service Quality is an important factor in a company's success and should be carefully monitored and improved upon in order to maintain a positive perception from customers.
Know more about Perceived Quality here:
https://brainly.com/question/24973392
#SPJ11
Explain the term "balance of payment". list and discuss its components.
list the pros and cons of a current account deficit
The term "balance of payment" refers to the record of a country's transactions with the rest of the world. It is a summary of all the transactions that a country has made with other countries during a given period of time, usually one year. The balance of payment includes the following components:
1. Current Account: This includes transactions related to goods and services, income, and current transfers. It is the difference between a country's exports and imports.
2. Capital Account: This includes transactions related to the purchase and sale of assets, such as real estate, stocks, and bonds.
3. Financial Account: This includes transactions related to foreign direct investment, portfolio investment, and reserve assets.
A current account deficit occurs when a country imports more goods and services than it exports. This can have both pros and cons:
Pros:
- It can lead to an increase in domestic consumption and a higher standard of living.
- It can lead to an increase in investment and economic growth.
Cons:
- It can lead to an increase in foreign debt.
- It can lead to a decrease in the value of the domestic currency.
Overall, the balance of payment is an important indicator of a country's economic health and its relationship with the rest of the world. It is important for policymakers to carefully monitor and manage the balance of payment to ensure a stable and prosperous economy.
To know more about balance of payment click here:
https://brainly.com/question/30527829#
#SPJ11
1. What are the basic benefits and purposes of developing pro forma statements and a cash budget? What are the pitfalls in the process? How do you think you could avoid these pitfalls? 2. What effect will disinflation following a highly inflationary period have on the reported income of the firm? Why might disinflation prove to be favorable to financial assets? What's going on today that might create a spectre of worry for the firm regarding inflation or disinflation?
The basic benefits and purposes of pro forma statements and cash budget are to predict forecast and to manage cash flow. The situation disinflation following a highly inflationary can have positive effect on reduced the cost of goods and services.
For the first question,
Pro forma statements allow companies to anticipate future revenues and expenses, and to make informed decisions about business operations.
A cash budget helps companies to plan for and manage cash inflows and outflows, ensuring that they have enough cash on hand to meet their obligations.
However, there are also pitfalls in the process, including unrealistic assumptions and unforeseen events that can affect financial performance. To avoid these pitfalls, companies should be conservative in their estimates, regularly review and update their assumptions, and have contingency plans in place in case of unexpected events.
For the second question,
Disinflation following a highly inflationary period can have a positive effect on the reported income of a firm because it reduces the cost of goods and services, which can increase profit margins. Disinflation can also be favorable to financial assets because it reduces the risk of inflation eroding the value of investments.
However, there is also a spectre of worry for the firm regarding inflation or disinflation because it can be difficult to predict and manage. Companies need to closely monitor economic conditions and be prepared for changes in inflation or disinflation that could affect their financial performance.
Learn more about inflationary here:
brainly.com/question/8149429
#SPJ11
A company provides a sales allowance to a customer. How does this affect the company's income statement?A) the allowance is not shown on the income statementB) gross sales are reduced by the amount of the allowanceC) the allowance is included in operating expensesD) the allowance is included in cost of goods sold
The sales allowance will make a gross sales are reduced by the amount of the allowance. The correct answer is B) gross sales are reduced by the amount of the allowance.
When a company provides a sales allowance to a customer, this is typically recorded as a reduction in gross sales on the company's income statement. This is because the allowance effectively reduces the amount of revenue that the company is able to recognize from the sale. As a result, the company's gross sales are reduced by the amount of the allowance, which will also have an impact on the company's net income.
Here you can learn more about company's income statement https://brainly.com/question/28294476
#SPJ11
1. As we have discussed, understanding the consumers in a target market is critical to creating an effective value proposition. Assume you are the Vice President of Marketing for Regal Cinemas. What do you think the demographic profile (including the age, income, and life cycle stage) of your largest target market is? As part of a "mini" market research project, visit a movie theatre on a weekend and track the people entering the theatre for a show. How old are they? Are they families or people meeting friends?
The demographic profile of the largest target market for Regal Cinemas is likely to be young adults in the age range of 18 to 24 years old, with a median income of around $30,000 to $40,000, and in the early life cycle stage. This demographic is more likely to have disposable income and the desire to spend it on entertainment, such as going to the movies.
In conducting a mini market research project, I would visit a movie theatre on a weekend and track the people entering the theatre for a show. I would observe their age, whether they are with families or friends, and their general demeanor.
From my observations, I would expect to see a majority of young adults in the 18 to 24 age range, with a mix of both families and groups of friends. I would also expect to see a mix of income levels, as the movies are a relatively affordable form of entertainment for most people.
Overall, my observations would likely support the demographic profile of the largest target market for Regal Cinemas as being young adults with disposable income and a desire for entertainment.
For such more question on demographic:
https://brainly.com/question/6623502
#SPJ11
1
a) Suppose that the 0.5−, 1.0−, 1.5−, and 2.0−year zero rates are 1.00%, 1.25%, 1.75%, and 2.00% respectively.
What is the implied forward rate from time 1.0 to time 1.5? (units: % per year; do not include the "%" sign)
b) Suppose that the 0.5−, 1.0−, 1.5−, and 2.0−year zero rates are 1.00%, 1.25%, 1.75%, and 2.00% respectively.
What is the implied forward rate from time 1.0 to time 2.0? (units: % per year; do not include the "%" sign)
c) Suppose that the 0.5−, 1.0−, 1.5−, and 2.0−year zero rates are 1.00%, 1.25%, 1.75%, and 2.00% respectively.
What is the implied forward rate from time 0.5 to time 1.5? (units: % per year; do not include the "%" sign)
d) Suppose that the 0.5−, 1.0−, 1.5−, and 2.0−year zero rates are 1.00%, 1.25%, 1.75%, and 2.00% respectively.
What is the implied forward rate from time 0.5 to time 2.0? (units: % per year; do not include the "%" sign)
Answers:
a) The implied forward rate from time 1.0 to time 1.5 is 2.24%.
b) The implied forward rate from time 1.0 to time 2.0 is 2.68%.
c) The implied forward rate from time 0.5 to time 1.5 is 1.99%.
d) The implied forward rate from time 0.5 to time 2.0 is 2.26%.
Explanation:
The implied forward rate can be calculated using the formula:
Forward rate = [(1+Zero rate for longer period)^(longer period) / (1+Zero rate for shorter period)^(shorter period)]^(1/(longer period - shorter period)) - 1
a) The implied forward rate from time 1.0 to time 1.5 can be calculated as follows:
Forward rate = [(1+0.0175)^1.5 / (1+0.0125)^1.0]^(1/0.5) - 1
Forward rate = 0.0224 or 2.24%
b) The implied forward rate from time 1.0 to time 2.0 can be calculated as follows:
Forward rate = [(1+0.0200)^2.0 / (1+0.0125)^1.0]^(1/1.0) - 1
Forward rate = 0.0268 or 2.68%
c) The implied forward rate from time 0.5 to time 1.5 can be calculated as follows:
Forward rate = [(1+0.0175)^1.5 / (1+0.0100)^0.5]^(1/1.0) - 1
Forward rate = 0.0199 or 1.99%
d) The implied forward rate from time 0.5 to time 2.0 can be calculated as follows:
Forward rate = [(1+0.0200)^2.0 / (1+0.0100)^0.5]^(1/1.5) - 1
Forward rate = 0.0226 or 2.26%
Therefore, the implied forward rates for the given time periods are 2.24%, 2.68%, 1.99%, and 2.26% respectively.
To know more about implied forward rate refer here:
https://brainly.com/question/29586332#
#SPJ11
Mintzberg asserts that all five organizational components must be present for an organization to be effective and efficient.
If this is true, can an Entrepreneurial Structure be effective and efficient? Why or why not?
Is the entrepreneurial structure less efficient or less effective than an adhocracy? Why or why not?
Yes, an entrepreneurial structure can be effective and efficient.
According to Mintzberg, all five organizational components (strategic apex, middle line, operational core, technostructure, and support staff) must be present for an organization to be effective and efficient.
An entrepreneurial structure is one type of organizational structure that contains all five components.
An entrepreneurial structure can be less efficient or less effective than an adhocracy, depending on the situation. An adhocracy is characterized by a high degree of flexibility and creativity, which may lead to greater efficiency and effectiveness in some circumstances.
However, in other circumstances, an entrepreneurial structure may be more efficient or effective, such as when the goal is to complete a specific task quickly.
To know more about entrepreneurial structure click on below link:
https://brainly.com/question/28943571#
#SPJ11
Cheeseburger and Taco Company purchases 8,427 boxes of cheese each year. It costs $15 to place and ship each order and $6.65 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
Calculate Economic Order Quantity.
Round the answer to the whole number.
The nearest whole number, the Economic Order Quantity for Cheeseburger and Taco Company is 195 boxes.
The Economic Order Quantity (EOQ) model is used to determine the optimal order quantity that minimizes total inventory costs. The formula for EOQ is:
EOQ = √((2 × D × S) / H)
Where:
D = Annual demand in units
S = Ordering cost per order
H = Holding cost per unit per year
In this case, D = 8,427 boxes, S = $15, and H = $6.65. Plugging these values into the formula gives:
EOQ = √((2 × 8,427 × 15) / 6.65)
EOQ = √(252,810 / 6.65)
EOQ = √(38,009.77)
EOQ = 194.96
Rounding to the nearest whole number, the Economic Order Quantity for Cheeseburger and Taco Company is 195 boxes.
For such more question on Economic:
https://brainly.com/question/28210218
#SPJ11
When would it be appropriate for a startup enterprise to hire
employees on an at-will basis compared to hiring employees under a
contract with a specified duration?
It would be appropriate for a startup enterprise to hire employees on an at-will basis when there is uncertainty about the future of the business or the role of the employee.
At-will employment allows the employer to terminate the employee at any time for any reason, giving the employer more flexibility and control. This can be beneficial for a startup enterprise that may need to make quick changes or adjustments to their business model or staffing needs.
On the other hand, it may be more appropriate for a startup enterprise to hire employees under a contract with a specified duration when there is a specific project or task that needs to be completed within a certain timeframe.
A contract with a specified duration can provide more stability and security for both the employer and the employee, as it outlines the terms of the employment and the expectations for the employee.
In summary, the decision to hire employees on an at-will basis or under a contract with a specified duration should be based on the specific needs and goals of the startup enterprise.
An at-will employment arrangement may be more appropriate when there is uncertainty or a need for flexibility, while a contract with a specified duration may be more appropriate for a specific project or task.
To know more about business model click on below link:
https://brainly.com/question/13397493#
#SPJ11
Suppose that a (European) call option with strike price $40 costs $13, and a (European) call option with strike price $50 costs $8, and a (European) call option with strike price $60 costs $2. All options have identical expiration dates. Is there an arbitrage? Prove it.
Yes, there is an arbitrage opportunity in this situation. An arbitrage occurs when an investor can make a risk-free profit by simultaneously buying and selling the same or equivalent securities at different prices.
In this case, an investor can take advantage of the difference in prices of the call options with different strike prices to make a risk-free profit. Here's how:
1. Buy the call option with strike price $40 for $13.
2. Sell the call option with strike price $50 for $8.
3. Sell the call option with strike price $60 for $2.
The total cost of these transactions is $13 - $8 - $2 = $3. Now, if the underlying stock price is below $40 at expiration, all of the options will expire worthless and the investor will lose $3. However, if the stock price is between $40 and $50, the $40 call option will be in the money and the investor can exercise it to buy the stock for $40 and sell it for the current market price, making a profit of the difference between the stock price and $40 minus the $3 cost of the transactions.
If the stock price is above $50, the $40 call option will be in the money and the investor can exercise it to buy the stock for $40 and sell it for $50 using the $50 call option, making a profit of $50 - $40 - $3 = $7. And if the stock price is above $60, the $40 call option will be in the money and the investor can exercise it to buy the stock for $40 and sell it for $60 using the $60 call option, making a profit of $60 - $40 - $3 = $17.
In all of these scenarios, the investor is able to make a risk-free profit by taking advantage of the difference in prices of the call options with different strike prices. Therefore, there is an arbitrage opportunity in this situation.
know more about arbitrage here
https://brainly.com/question/16178885#
#SPJ11
The company believes it will be able to hire a qualified individual for a $95,000.00 annual salary. The company pays $150.00 of each employee’s $400.00 monthly insurance premium. Determine the total annual salary and payroll tax expense for the employee, assuming the company does not have an IRS-approved health care plan.
Answer:
Assuming the employee will pay the remaining $250 of their monthly insurance premium, their yearly insurance cost will be:
$250 x 12 months = $3,000 per year
To calculate the total annual salary expense for the employee, we need to add their base salary and the cost of the insurance paid by the employer:
$95,000 + $3,000 = $98,000 per year
To calculate the payroll tax expense for the employee, we need to consider both the employer and employee portions of Social Security and Medicare taxes. The current tax rates for 2023 are:
Social Security tax: 6.2% for the employer and 6.2% for the employee, up to a maximum wage base of $147,000.
Medicare tax: 1.45% for the employer and 1.45% for the employee, with no maximum wage base.
Using these rates and the employee's annual salary of $95,000, we can calculate the payroll tax expense as follows:
Social Security tax: $5,834.00 (6.2% of the first $147,000 of wages)
Medicare tax: $1,377.50 (1.45% of $95,000)
Total employer payroll tax expense: $7,211.50
Total employee payroll tax expense: $7,211.50
Therefore, the total annual salary and payroll tax expense for the employee, assuming the company does not have an IRS-approved health care plan, is:
$98,000 + $7,211.50 = $105,211.5
Explanation:
Sam is in charge of the audit of Olly Design. Several young assistant accountants are working with Sam on the engagement, and several are avid wind-surfers. Olly Design owns two chalets on Surfers Beach, which it uses to entertain clients. The financial comptroller of Olly Design has told Sam that he and his audit staff are welcome to use the chalets at no charge any time when the chalets are not already in use.
Required:
i. Explain and elaborate on the code of ethics governing the conduct of auditors.
ii. If Sam were to accept the offer, how would Sam’s independence as an auditor be affected.
i) The code of ethics governing the conduct of auditors is designed to ensure that auditors maintain their independence and objectivity when conducting an audit.
This includes avoiding any conflicts of interest that may arise from accepting gifts or other forms of compensation from the company they are auditing.
ii) If Sam were to accept the offer to use the chalets at no charge, his independence as an auditor would be compromised.
This is because he would be receiving a personal benefit from the company he is auditing, which could create a conflict of interest and potentially influence his judgment and objectivity when conducting the audit.
It is important for auditors to avoid any appearance of impropriety and to maintain their independence at all times in order to maintain the integrity of the audit process and the trust of the public.
Therefore, it would be best for Sam to decline the offer to use the chalets and to ensure that his assistant accountants do the same. This will help to maintain the independence and objectivity of the audit team and ensure that they are able to conduct the audit in a fair and unbiased manner.
To know more about audit click here:
https://brainly.com/question/29575176#
#SPJ11
Khalid invested $10,000 in year 2008. The investment worth 21,000 in 2017. What is the annual interest rate? i ? Answers: 7.70% N=2017-2008 = 9 9.78% 12.22% 8.59%
The annual interest rate of Khalid's investment is 8.4%.
The annual interest rate of Khalid's investment can be found using the formula for compound interest: A = P(1 + r)n[tex]x^{2}[/tex], where A is the final amount, P is the principal, r is the annual interest rate, and n is the number of years.
In this case, A = $21,000, P = $10,000, and n = 2017 - 2008 = 9. We can plug these values into the formula and solve for r:
$21,000 = $10,000(1 + r)9[tex]x^{2}[/tex]
2.1 = (1 + r)9[tex]x^{2}[/tex]
Take the 9th root of both sides:
1.084 = 1 + r
Subtract 1 from both sides:
r = 0.084
Multiply by 100 to convert to a percentage:
r = 8.4%
Therefore, the annual interest rate of Khalid's investment is 8.4%.
To know more about interest rate click here:
https://brainly.com/question/28236069#
#SPJ11
Q. Think of real-life examples of each of the following topics, drawing from organizational experience, and write the script of a role play. The role-play should comprise at least 3 to 4 characters.Nonverbal CommunicationClaim, Reason, Evidence (CRW)E-mail Impoliteness/Insensitivityiii. E-mail Impoliteness/Insensitivity
Real-life examples of e-mail impoliteness/insensitivity can include someone sending an email that is curt, condescending, or otherwise unkind.
A role-play to illustrate this could include the following characters:
1. The Victim: The person receiving the rude email.
2. The Bully: The person sending the rude email.
3. The Mediator: Someone attempting to bridge the gap between the two parties.
The role-play could begin with the Victim receiving the rude email from the Bully. The Victim would feel angry and confused about the tone of the email and would express their frustration. The Mediator could then step in to explain why the Bully's email was inappropriate and suggest ways to resolve the issue. The Bully could then apologize for their words and explain why they sent the email. This would be a good opportunity for the Victim and Bully to understand each other's perspective and come to a resolution.
For such more question on insensitivity:
https://brainly.com/question/16038007
#SPJ11
Choose a public company and complete a valuation report for the company’s common stock. Your report should contain the following:
An analysis of the competitive situation of the company
An assessment of the cost of equity or weighted average cost of capital for the company
A valuation of the company based on one or more valuation methods used in the course.
A recommendation to buy, sell or hold the stock in question
To complete a valuation report for the company’s common stock, you should start by researching the company in question and its competitive situation.
This could involve researching the company’s products, competitors, market size, industry trends, etc. Once you have gathered the necessary information, you can assess the cost of equity or weighted average cost of capital for the company.
This involves considering the risks associated with the stock, the rate of return of similar stocks, and other related information.
After determining the cost of equity or weighted average cost of capital, you can use one or more of the valuation methods taught in the course, such as discounted cash flow analysis or price-to-earnings analysis, to value the company.
Once you have calculated the value of the company’s stock, you can make a recommendation to buy, sell, or hold the stock.
To know more about Valuation report of a company refer here :
https://brainly.com/question/15139562#
#SPJ11
COVID-19 has presented Mainstreet with an unexpected opportunity to increase its return on investment by building a new type of building that is targeted at mobile work-from-home tenants. This new type pf development is currently under review by the City of Madison for rezoning from multi-family residential to hotel commercial. The pending decision by the City of Madison represents what to the project?Out of scopeConstraintRiskIssue
The pending decision by the City of Madison represents a risk to the project. A risk is an uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objectives.
In this case, the uncertain event is the City of Madison's decision on whether or not to rezone the property from multi-family residential to hotel commercial. If the decision is in favor of Mainstreet, it will have a positive effect on the project's objectives and allow for the construction of the new type of building.
However, if the decision is not in favor of Mainstreet, it will have a negative effect on the project's objectives and prevent the construction of the new type of building. Therefore, the pending decision by the City of Madison is a risk to the project.
know more about risk here
https://brainly.com/question/17284407#
#SPJ11
Please read the Case-1.2 "The Hokies Lunch Group." from Chapter 1 "Modern Project Management" given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 24-27 also refer to specific concepts you have learned from the chapter to support your answers. Answer the following questions for Part-A, Part-B, Part-C of the case study.2. What are the two important things you learned about working on projects from the case ? Why are they important ? Explain for each part (A,B,C) (2 Marks each for A,B,C) Total (6 Marks).
The case study "The Hokies Lunch Group" from Chapter 1 of Project Management: The Managerial Process 8th edition by Larson and Gray illustrates the importance of understanding the roles and responsibilities of each team member, as well as the importance of effective communication and collaboration.
Part A: In this part, the team learns that communication is an important factor in successful project management. Without clear and effective communication, the team cannot properly assess their roles and tasks. Communication helps to ensure everyone is on the same page and to foster collaboration between team members.
Part B: Here, the team learns that everyone has a role to play in a project and should be mindful of each other’s responsibilities. It is important to recognize and appreciate the different strengths each team member brings to the table, as well as how these skills can benefit the project as a whole.
Part C: The final part of the case highlights the importance of collaboration. Working together to share ideas and come up with creative solutions to problems can help the team succeed. It is also important to listen to everyone’s perspective and be open to constructive criticism.
know more about Managerial Process here
https://brainly.com/question/28543211#
#SPJ11
Grace is a self-employed sales consultant who spends significant time entertaining potential customers. She keeps all the appropriate records to substantiate her entertainment. She has the following expenses in the current year:
Restaurant meals $5,000
Greens fees (all business) 500
Tickets to baseball games 500
Country Club dues (all business use) 6,000
What is the tax-deductible entertainment expense Grace may claim in the current year?
Randi qualifies for a home deduction. The amount of space devoted to business use is 400 square feet of the total 2,000 square feet of her home. Randi's mortgage interest and property taxes in total are $1,600. Other deductions properly allocated to the home office total $300. In addition, Randi purchases and uses supplies costing $200 during the year. Assume Randi earns income of $3,400 for the year before deducting any home office or supplies deduction. Assuming Randi uses the simplified method, calculate his home office deduction limitation and his actual home office deduction (ignore self-employment taxes).
Grace may claim a tax-deductible entertainment expense of $3,500 in the current year. This is because the IRS only allows a 50% deduction for meals and entertainment expenses.
Therefore, Grace's $5,000 in restaurant meals is reduced to $2,500 ($5,000 x 50%). Her greens fees and tickets to baseball games are fully deductible, so she may claim the full $500 for each of those expenses. However, country club dues are not deductible, so she cannot claim any of the $6,000 she spent on those. Therefore, Grace's total tax-deductible entertainment expense is $2,500 (meals) + $500 (greens fees) + $500 (baseball tickets) = $3,500.For Randi, the simplified method allows for a deduction of $5 per square foot of the home used for business, up to a maximum of 300 square feet. Since Randi uses 400 square feet of her home for business, she is limited to the maximum deduction of $1,500 (300 square feet x $5). However, because her income before the home office deduction is only $3,400, her actual home office deduction is limited to $1,900 ($3,400 - $1,500). This means that Randi can deduct $1,900 for her home office expenses, plus the $200 she spent on supplies, for a total deduction of $2,100.Learn more about self-employed sales here:https://brainly.com/question/17269472
#SPJ11
Based upon the following facts about Aqua, Inc., a calendar year S corporation, prepare the entity's Schedule M–2. AAA, beginning of the year $9,400 Ordinary income 24,600 Tax-exempt income 3,000 Key employee life insurance proceeds received 4,900 Payroll penalty expense 2,200 Charitable contributions 3,000 Unreasonable compensation 4,000 Premiums on key employee life insurance 2,300 Distribution to shareholders 17,000 Enter all amounts as positive numbers. If an amount box requires no entry or the the answer is zero, enter "0".
The Schedule M-2 for Aqua, Inc. based on the following facts is given below.
AAA, beginning of the year $9,400 Ordinary income 24,600 Tax-exempt income 3,000 Key employee life insurance proceeds received 4,900About tax-exempt income
Tax-exempt income is income from any source which the Federal, state, or local government does not include when implementing its income tax. Individuals and organizations may have to report this income on a tax return, but the income will not be considered when determining their tax liability.
Examples of tax exempt income include employer sponsored health insurance and Social Security benefits. Income tax does not include some forms of income like inheritances and gifts because they have their own tax systems that apply.
Learn more about income at
https://brainly.com/question/17960616
#SPJ11
As owner of the Rigola Cinema Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far:You have decided to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $250.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is acontractual cost at $50.00 for each booth per night, is also a fixed cost.ITEM SELLING PRICE VARIABLE COSTSoft drink $1 $0.65Tea 1.75 0.95Coffee 1 0.3Candy 1 0.314)What is the break-even volume per evening performance?Select 986.26 as your answer 986.26Select 982.56 as your answer 982.56Select 856.56 as your answer 856.56Select 1200.26 as your answer 1200.26Select as your answer None of the above
The break-even volume per evening performance can be calculated by the formula. The break-even volume per evening performance is 215.61. Therefore the correct answer is None of the above.
The break-even volume per evening performance can be calculated by using the formula:
Break-even volume = Fixed cost / (Selling price - Variable cost - Waste allowance).
Fixed cost = $250 (labor cost) + $50 x 5 (booth rental) = $500
Waste allowance = 10% of variable cost = 0.1 x ($0.65 + $0.95 + $0.3 + $0.31) = $0.221
Selling price = $1 + $1.75 + $1 + $1 = $4.75
Variable cost = $0.65 + $0.95 + $0.3 + $0.31 = $2.21
Break-even volume = $500 / ($4.75 - $2.21 - $0.221) = $500 / $2.319 = 215.61
Therefore, the break-even volume per evening performance is 215.61.
The correct answer is None of the above.
For such more question on volume:
https://brainly.com/question/17073739
#SPJ11
Suppose you manage a $10 million portfolio and you sell $3
million worth of securities and buy $3 million worth of new
securities. your portfolio's turnover will be
30% explain why and show math
The portfolio turnover is the percentage of the portfolio that is bought and sold in a given period. In this case, the portfolio turnover is calculated by dividing the amount of securities bought and sold by the total value of the portfolio.
The portfolio turnover is 60%. This means that 60% of the portfolio was bought and sold during the given period.
In this case, the portfolio turnover is calculated as follows:
Turnover = (Amount of securities bought + Amount of securities sold) / Total value of portfolio
Turnover = ($3 million + $3 million) / $10 million
Turnover = $6 million / $10 million
Turnover = 0.6
Turnover = 60%
For more such questions on portfolio turnover, click on:
https://brainly.com/question/14936812
#SPJ11
You are considering changing the capital structure of the target firm after five years. How much would this increase the value of the target by?
A. Current WACC = 10%
B. New WACC = 8%
C. PV of cashflows of first five years = $137
D. You expect the cashflows to grow at 3% every year after year five. CF6=$43.
Assume you are using DCF and discount rate for periods 1-5 is the current WACC. (You aren't changing the structure until then.)
Changing the capital structure of the target firm would increase its value by $997.
The value of the target firm after changing the capital structure can be calculated using the Discounted Cash Flow (DCF) method. The DCF method calculates the present value of future cash flows by discounting them at an appropriate discount rate.
In this case, the discount rate for the first five years is the current WACC (10%) and the discount rate after year five is the new WACC (8%). The present value of the cash flows for the first five years is given as $137. The cash flow for year six is given as $43 and is expected to grow at a rate of 3% every year thereafter.
To calculate the value of the target firm after changing the capital structure, we need to calculate the present value of the cash flows after year five using the new WACC. This can be done using the formula for the present value of a growing perpetuity:
PV = CF / (r - g)
Where PV is the present value, CF is the cash flow, r is the discount rate, and g is the growth rate.
Plugging in the values given in the question, we get:
PV = $43 / (0.08 - 0.03) = $860
The value of the target firm after changing the capital structure is the sum of the present value of the cash flows for the first five years and the present value of the cash flows after year five:
Value = $137 + $860 = $997
Therefore, changing the capital structure of the target firm would increase its value by $997.
Learn more about Capital structure:
https://brainly.com/question/29584649
#SPJ11
In my opinion, we ought to stop making our own drums and accept that outside supplier’s offer," said Wim Niewindt, managing director of Antilles Refining, N.V., of Aruba. "At a price of $18 per drum, we would be paying $5 less than it costs us to manufacture the drums in our own plant. Since we use 60,000 drums a year, that would be an annual cost savings of $300,000." Antilles Refining’s current cost to manufacture one drum is given below (based on 60,000 drums per year):
Direct Materials $10.35
Direct Labor $6.00
Variable Overhead $1.50
Fixed Overhead
($2.80 general company overhead, $1.60 depreciation, $0.75 supervision) $5.15
Total Cost per Drum $23.00
A decision about whether to make or buy the drums is especially important at this time because the equipment being used to make the drums is completely worn out and must be replaced. The choices facing the company are: Alternative 1: Rent new equipment and continue to make the drums. The equipment would be rented for $135,000 per year. Alternative 2: Purchase the drums from an outside supplier at $18 per drum. The new equipment would be more efficient than the equipment that Antilles Refining has been using and, according to the manufacturer, would reduce direct labor and variable overhead costs by 30%. The old equipment has no resale value. Supervision cost ($45,000 per year) and direct materials cost per drum would not be affected by the new equipment. The new equipment’s capacity would be 90,000 drums per year. The company’s total general company overhead would be unaffected by this decision. To assist the managing director in making a decision, prepare an analysis showing the total cost and the cost per drum for each of the two alternatives given above. Assume that 60,000 drums are needed each year. Which course of action would you recommend to the managing director?
Based on the provided information, total cost and the cost per drum for alternative 1 is $1,380,000 and $23.00 and for alternative 2 is $1,080,000 and $18.00 respectively. Based on the analysis, Alternative 2 is the more cost-effective option.
The total cost and cost per drum for each of the two alternatives can be calculated as follows.
CostAlternative 1: Rent new equipment and continue to make the drums
- Direct Materials: $10.35 x 60,000 = $621,000
- Direct Labor: $6.00 x 60,000 x 0.7 = $252,000 (30% reduction)
- Variable Overhead: $1.50 x 60,000 x 0.7 = $63,000 (30% reduction)
- Fixed Overhead: $5.15 x 60,000 = $309,000
- Equipment Rental: $135,000
Total Cost: $1,380,000
Cost per Drum: $1,380,000 / 60,000 = $23.00
Alternative 2: Purchase the drums from an outside supplier at $18 per drum
- Cost of Drums: $18 x 60,000 = $1,080,000
Total Cost: $1,080,000
Cost per Drum: $1,080,000 / 60,000 = $18.00
Based on the analysis, Alternative 2 is the more cost-effective option, with a total cost of $1,080,000 and a cost per drum of $18.00, compared to Alternative 1's total cost of $1,380,000 and cost per drum of $23.00. Therefore, I would recommend that the managing director choose Alternative 2 and purchase the drums from an outside supplier.
Learn more about Direct Materials:
https://brainly.com/question/26245657
#SPJ11
Calculate the new profit sharing ratio after the admission of Fischer. (6 marks)Question 2 Assignment Ubisoft Entertainment is a partnership of exclusive game distributor who specialise in electronic arts and play stations. The two partners, who shares profits and losses equally, are the brothers Arthur and Blaise. The information below pertains to the business activities of the partnership for the year ended 31 December 2020 Ubisoft Entertainment – Trial Balance as at 31 December 2020 Account Debit/N$ Credit/N$ Capital – Arthur 100 000 Capital – Blaise 120 000 Current account – Arthur (1 January 2020) 4 000 Current account – Blaise (1 January 2020) 10 000 Drawings – Arthur 18 000 Drawings – Blaise 6 000 Long-term loan – Blaise 80 000 Debtors Control 106 600 Allowance for credit losses (1 January 2020) 4 000 Furniture and equipment at cost 70 000 Accumulated depreciation: Furniture and 7 000 Bank 106 810 Inventory (Merchandise) (1 January 2020) 161 000 Sales 663 246 Bad debts recovered 210 Settlement discount received 2 900 Purchase returns 1 700 Purchases 401 000 Settlement discount granted 4 800 Advertising cost 8 818 Administrative expenses 64 500 Rental expenses 4 000 Interest expense (long-term loan) 3 600 Salaries and wages 25 000 Stationary 1 200 Insurance 728 989 056 989 056 Additional information: The following is an extract from the partner agreement and except where it is stated differently, has not yet been taken into account: − Interest on capital is calculated at 9% per annum. − Interest on current accounts (opening balances) at 7% per annum. − Interest on drawings must be calculated at 5% per annum on the average monthly amount outstanding on the partners’ drawings accounts. (These amounts have already been calculated correctly as N$640 for Arthur and N$500 for Blaise. No entry has been made yet) − A managerial salary of N$6 000 per year must be paid to Blaise. This amount has already been paid to Blaise and recorded under Salaries and Wages. − Arthur is entitled to a bonus calculated at 5% on the comprehensive income for the year after taking into account the salary of Blaise and any adjustments for interest on capital, current account and drawings. • An outstanding debt of N$600 is irrecoverable and must be written off. • The allowance for credit losses must be adjusted to N$5 300 at year-end. • It was agreed that interest on the long-term loan from Blaise would amount to N$4 800 per annum. • Depreciation must be provided for at 15% per annum on furniture and equipment according to the diminishing-balance method. • Inventories on hand at 31 December 2020: Merchandise N$122 000 Stationary N$ 200 There was no opening stationary inventory at the beginning of the year. • The following expenses have been prepaid:Insurance N$ 124 Advertising N$ 1 896 Admission of new partner Arthur and Blaise’s youngest brother, Claude, recently graduated as a sound engineer and Arthur and Blaise decided to admit Claude as a third partner of Ubisoft Entertainment on 01 January 2021. • A revaluation of all assets and liabilities were done. It was decided to show the following assets at their revalued amounts: Furniture and equipment N$50 000 Inventory N$121 670 All other assets and liabilities are correctly valued in the books. • Goodwill will not be shown in the new partnership’s books. • Partners will share profits in the ratio 1:1:1. • Claude will acquire 25% of the net assets of the partnership, for which she will pay N$150 000. Claude recently inherited money from her grandfather, so she is able to pay for her part of the assets in cash. You are required to:2.1 Prepare the statement of profit or loss and other comprehensive income for the year ended 31 December 2020 for Ubisoft Entertainment. (13 marks)2.2 Prepare the Profit Appropriation account as at 31 December 2020 before Claude was admitted as a partner. (10 marks)2.3 Provide all the journal entries for Claude’s admission as a partner on 01 January 2021.
In 2020, Ubisoft Entertainment had net sales of 656,746, resulting in a gross profit of 221,346. After deducting operating expenses of 113,696 and other expenses of 36,153, the company had a net income of 71,497.
We can calculate it:
2.1 Statement of profit or loss and other comprehensive income for the year ended 31 December 2020 for Ubisoft Entertainment:
Sales: 663,246
Less: Purchase returns (1,700)
Less: Settlement discount granted (4,800)
Net sales: 656,746
Cost of goods sold:
Beginning inventory: 161,000
Add: Purchases: 401,000
Less: Purchase returns (1,700)
Less: Settlement discount received (2,900)
Cost of goods available for sale: 557,400
Less: Ending inventory (122,000)
Cost of goods sold: 435,400
Gross profit: 221,346
Operating expenses:
Advertising cost: 8,818
Administrative expenses: 64,500
Rental expenses: 4,000
Salaries and wages: 25,000
Stationary: 1,200
Insurance: 728
Depreciation: 9,450 (70,000 x 15%)
Total operating expenses: 113,696
Operating income: 107,650
Other income and expenses:
Interest expense (long-term loan): (3,600)
Bad debts recovered: 210
Interest on capital: (19,800) (100,000 x 9% + 120,000 x 9%)
Interest on current accounts: (980) (4,000 x 7% + 10,000 x 7%)
Interest on drawings: (1,140) (640 + 500)
Managerial salary to Blaise: (6,000)
Bonus to Arthur: (4,843) (107,650 - 6,000 - 19,800 - 980 - 1,140) x 5%
Total other income and expenses: (36,153)
Net income: 71,497
2.2 Profit Appropriation account as at 31 December 2020 before Claude was admitted as a partner:
Net income: 71,497
Appropriations:
Interest on capital: 19,800
Interest on current accounts: 980
Interest on drawings: 1,140
Managerial salary to Blaise: 6,000
Bonus to Arthur: 4,843
Total appropriations: 32,763
Remaining profit: 38,734
Profit sharing:
Arthur: 19,367 (38,734 / 2)
Blaise: 19,367 (38,734 / 2)
2.3 Journal entries for Claude's admission as a partner on 01 January 2021:
1) To record the revaluation of assets:
Dr. Furniture and equipment 20,000
Dr. Inventory 360
Cr. Revaluation surplus 20,360
2) To record the write-off of bad debts:
Dr. Allowance for credit losses 600
Cr. Debtors Control 600
3) To record the adjustment of allowance for credit losses:
Dr. Allowance for credit losses 1,300
Cr. Bad debts expense 1,300
4) To record the adjustment of interest on long-term loan:
Dr. Interest expense 1,200
Cr. Long-term loan - Blaise 1,200
5) To record the payment of Claude's capital contribution:
Dr. Bank 150,000
Cr. Capital - Claude 150,000
6) To record the distribution of Claude's capital contribution to Arthur and Blaise:
Dr. Capital - Arthur 37,500 (150,000 x 25% x 50%)
Dr. Capital - Blaise 37,500 (150,000 x 25% x 50%)
Cr. Capital - Claude 75,000 (150,000 x 25%)
7) To record the new profit sharing ratio:
Dr. Capital - Arthur 19,367
Dr. Capital - Blaise 19,367
Cr. Profit sharing - Arthur 12,911 (19,367 x 1/3)
Cr. Profit sharing - Blaise 12,911 (19,367 x 1/3)
Cr. Profit sharing - Claude 12,912 (19,367 x 1/3)
Learn more about gross profit: https://brainly.com/question/21637154
#SPJ11
Company A has 20 million shares outstanding with a stock price of 400 per share. What will be the new share price and its number of shares outstanding with a stock split of 4:3?
Following the 4:3 stock split of Company A, the new share price will be 300 and the total number of shares outstanding will be 26.66 million.
A stock split is a process in which a company divides its existing shares into multiple shares. This is typically done in order to make the stock more affordable for investors and increase the liquidity of the stock. In a 4:3 stock split, for every 3 shares that an investor owns, they will receive an additional 4 shares.
To find the new share price and number of shares outstanding after the stock split, we can use the following formulas:
New share price = (Old share price) / (Stock split ratio)
New number of shares outstanding = (Old number of shares outstanding) * (Stock split ratio)
In this case, the old share price is 400 and the old number of shares outstanding is 20 million. The stock split ratio is 4:3, or 1.333.
Using these formulas, we can calculate the new share price and number of shares outstanding:
New share price = (400) / (1.333) = 300
New number of shares outstanding = (20 million) * (1.333) = 26.66 million
Therefore, after the 4:3 stock split, Company A will have a new share price of 300 and a new number of shares outstanding of 26.66 million.
Learn more about stock split at: https://brainly.com/question/14247504
#SPJ11
How does an appellate court differ from a trial couHow does an appellate court differ from a trial court?
Responses
An appellate court examines more witnesses.
An appellate court examines more witnesses.
An appellate court reviews another court's decision.
An appellate court reviews another court's decision.
An appellate court decides issues of fact.
An appellate court decides issues of fact.
An appellate court usually has rt?
Appellate courts are positioned above the trial courts to evaluate their work and to correct any mistakes that may also have occurred. Appellate courts are usually collegiate bodies, consisting of countless judges as an alternative of the single decide who usually presides over a trial court.
What is the appellate machine Class 8?The appellate gadget is a characteristic of the Indian judicial gadget the place a man or woman can enchantment to a greater courtroom if they locate the decision made by a decrease courtroom unjust.
Which courts are appellate courts and why?The Supreme Court has also a very vast appellate jurisdiction over all Courts and Tribunals in India in as a great deal as it may, in its discretion, furnish distinct go away to appeal beneath Article 136 of the Constitution from any judgment, decree, determination, sentence or order in any purpose or be counted exceeded or made with the aid of any Court ...
Learn more about appellate court here;
https://brainly.com/question/11610196
#SPJ1
