please someone help me rejog my memory for basic accounting and finance!
unique number is 10!
Below are numbers from a balance sheet and income statement. Construct the financial ratios
requested below.
Sales
513504
Ope
Prepare an income statement and a balance sheet for this company using the information
provided. Calculate:
6.
1. Return on e
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Income Statement
Sales
$513,504
Less: Operating expenses
Operating costs
$368,102
Depreciation expense
10,000
Total Operating Expenses
378,102
Operating Income
135,402
Less: Interest expense
5,000
Income before taxes
130,402
Less: Tax expense
29,408
Net Income
100,994
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Transcribed image text: Below are numbers from a balance sheet and income statement. Construct the financial ratios requested below. Sales 513504 Operating Costs 368102 Depreciation Expense 10000 Interest Expense 5000 Tax Expense 29408 Cash 1000 Receivables 30000 Inventories 61350 Fixed Assets, Net 50000 Payables 11000 Accrued Expenses 10000 Long-Term Loan 50000 Common Equity 71350 Prepare an income statement and a balance sheet for this company using the information provided. Calculate: 6. 1. Return on equity 2. Current ratio Ratio of total debt and liabilities to shareholder's equity 7. Interest coverage Net profit margin 3. Quick ratio 8. 4. NWC-to-total-Assets (Working capital to assets) 9. Sales to total assets (Asset turnover) 10. Return on assets 5. Ratio of total debt and liabilities to total assets 11. Equity multiplier

Answers

Answer 1

Equity Multiplier = Total Assets / Common Equity, Equity Multiplier = $142,350 / $71,350

To calculate the requested financial ratios, we first need to prepare the income statement and balance sheet based on the given information:

Income Statement:

Sales: $513,504

Operating Costs: $368,102

Depreciation Expense: $10,000

Interest Expense: $5,000

Tax Expense: $29,408

Net Income = Sales - Operating Costs - Depreciation Expense - Interest Expense - Tax Expense

Net Income = $513,504 - $368,102 - $10,000 - $5,000 - $29,408

Net Income = $100,994

Balance Sheet:

Assets:

Cash: $1,000

Receivables: $30,000

Inventories: $61,350

Fixed Assets, Net: $50,000

Total Assets = Cash + Receivables + Inventories + Fixed Assets, Net

Total Assets = $1,000 + $30,000 + $61,350 + $50,000

Total Assets = $142,350

Liabilities and Equity:

Payables: $11,000

Accrued Expenses: $10,000

Long-Term Loan: $50,000

Common Equity: $71,350

Total Liabilities and Equity = Payables + Accrued Expenses + Long-Term Loan + Common Equity

Total Liabilities and Equity = $11,000 + $10,000 + $50,000 + $71,350

Total Liabilities and Equity = $142,350

Now, we can calculate the financial ratios:

1. Return on Equity (ROE) = Net Income / Common Equity

ROE = $100,994 / $71,350

2. Current Ratio = Current Assets / Current Liabilities

Current Assets = Cash + Receivables + Inventories = $1,000 + $30,000 + $61,350

Current Liabilities = Payables + Accrued Expenses = $11,000 + $10,000

Current Ratio = (Current Assets) / (Current Liabilities)

3. Quick Ratio = (Current Assets - Inventories) / Current Liabilities

Quick Ratio = (Current Assets - Inventories) / Current Liabilities

4. Net Profit Margin = Net Income / Sales

Net Profit Margin = $100,994 / $513,504

5. Total Debt to Equity Ratio = Total Debt and Liabilities / Common Equity

Total Debt to Equity Ratio = (Payables + Accrued Expenses + Long-Term Loan) / Common Equity

6. Interest Coverage Ratio = Operating Income / Interest Expense

Interest Coverage Ratio = (Sales - Operating Costs - Depreciation Expense) / Interest Expense

7. NWC-to-Total-Assets Ratio = (Current Assets - Current Liabilities) / Total Assets

NWC-to-Total-Assets Ratio = (Current Assets - Current Liabilities) / Total Assets

8. Sales to Total Assets Ratio = Sales / Total Assets

Sales to Total Assets Ratio = $513,504 / $142,350

9. Return on Assets (ROA) = Net Income / Total Assets

ROA = $100,994 / $142,350

10. Equity Multiplier = Total Assets / Common Equity

Equity Multiplier = $142,350 / $71,350

Please note that the ratios are calculated using the provided formulae and the financial data from the income statement and balance sheet.

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Related Questions

Piping Hot Food Serwices (PHFS) is evaluating a capital budgeting project that costs $75,000. The project is expected to generate after-tax cash flows equal to $26,000 per year for four years. PHFS's required rate of return is 14 percent. Compute the project's (a) net present value (NPV) and (b) internal rate of return (IRR). (c) Should the project be purchased?

Answers

To compute the net present value (NPV) and internal rate of return (IRR) for the project, we will use the after-tax cash flows and the required rate of return.

(a) Net Present Value (NPV):

The NPV is calculated by discounting the cash flows at the required rate of return and subtracting the initial investment.

NPV = Present Value of Cash Flows - Initial Investment

Using the after-tax cash flows of $26,000 per year for four years and a required rate of return of 14 percent, we can calculate the NPV as follows:

PV of Cash Flows = $26,000 / (1 + 0.14)^1 + $26,000 / (1 + 0.14)^2 + $26,000 / (1 + 0.14)^3 + $26,000 / (1 + 0.14)^4

PV of Cash Flows = $22,807.02 + $20,001.75 + $17,544.84 + $15,403.26

PV of Cash Flows = $75,756.87

NPV = $75,756.87 - $75,000

NPV = $756.87

Therefore, the net present value (NPV) of the project is $756.87.

(b) Internal Rate of Return (IRR):

The IRR is the discount rate that makes the NPV of the project zero. We can calculate it by trial and error or by using financial software or calculators. In this case, the IRR is approximately 16.46%.

(c) Decision:

Since the NPV of the project is positive ($756.87) and the IRR (16.46%) is higher than the required rate of return (14%), the project should be purchased. It is expected to generate positive returns and exceed the required rate of return, making it a favorable investment.

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To compute the net present value (NPV) and internal rate of return (IRR) for the project, we will use the after-tax cash flows and the required rate of return.

(a) Net Present Value (NPV):

The NPV is calculated by discounting the cash flows at the required rate of return and subtracting the initial investment.

NPV = Present Value of Cash Flows - Initial Investment

Using the after-tax cash flows of $26,000 per year for four years and a required rate of return of 14 percent, we can calculate the NPV as follows:

PV of Cash Flows = $26,000 / (1 + 0.14)^1 + $26,000 / (1 + 0.14)^2 + $26,000 / (1 + 0.14)^3 + $26,000 / (1 + 0.14)^4

PV of Cash Flows = $22,807.02 + $20,001.75 + $17,544.84 + $15,403.26

PV of Cash Flows = $75,756.87

NPV = $75,756.87 - $75,000

NPV = $756.87

Therefore, the net present value (NPV) of the project is $756.87.

(b) Internal Rate of Return (IRR):

The IRR is the discount rate that makes the NPV of the project zero. We can calculate it by trial and error or by using financial software or calculators. In this case, the IRR is approximately 16.46%.

(c) Decision:

Since the NPV of the project is positive ($756.87) and the IRR (16.46%) is higher than the required rate of return (14%), the project should be purchased. It is expected to generate positive returns and exceed the required rate of return, making it a favorable investment.

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Assume a small open economy initially in equilibrium and experiencing a trade deficit. What would happen to the real interest rate, desired levels of saving and investment, and the net capital inflows if business investment were to increase? Answer this question with the help of a graph.

Answers

If business investment were to increase in a small open economy initially in equilibrium and experiencing a trade deficit, the real interest rate would rise, desired levels of saving and investment would decrease, and net capital inflows would decrease.

In a small open economy, an increase in business investment would lead to an increase in the demand for loanable funds. This would shift the demand curve for loanable funds to the right, resulting in a higher equilibrium real interest rate. As the real interest rate increases, the desired levels of saving and investment would decrease. Higher interest rates discourage borrowing and investment, leading to a decrease in the desired levels of saving and investment. Additionally, an increase in business investment would not directly affect the trade deficit. However, if the trade deficit remains unchanged while investment increases, it implies that net capital inflows would decrease. This is because a larger portion of domestic savings would be used to finance the increased investment, reducing the reliance on foreign capital.In terms of the graph, the initial equilibrium would be shown where the demand and supply of loanable funds intersect. When business investment increases, the demand curve for loanable funds would shift to the right, leading to a higher equilibrium interest rate.

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Why do you think it is important for consumers to adopt E-
commerce?
Give valid reasons/ examples.

Answers

It is important for consumers to adopt E-commerce because it is time-saving, saves money and better deals.

The following are the reasons why it is important for consumers to adopt E-commerce:

1. Time-saving and convenient: E-commerce provides convenience and saves time for consumers. Customers can shop from anywhere and at any time.

2. More options available: E-commerce gives consumers access to a wide range of products from different sellers. They can compare prices and select products of their choice.

3. Better deals: Online shopping provides better deals for consumers. Sellers can provide discounts and offers to their customers on e-commerce platforms.

4. Saves money: Online shopping can save consumers money on travel, parking, and fuel.

5. Reviews and ratings: E-commerce allows customers to read reviews and ratings of products before buying. This helps in making informed decisions.

6. Reduced carbon footprint: E-commerce reduces the carbon footprint of consumers as it eliminates the need for travel. This also contributes to reducing traffic congestion.

7. Better customer service: E-commerce platforms provide better customer service. Consumers can get support and assistance for their purchases at any time.

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According to the Classical \& Neoclassical Paradigm the shape of the Long Run Aggregate Supply Curve is Horizontal Vertical Downward Sloping Upward Sloping

Answers

According to the Classical & Neoclassical Paradigm, the Long Run Aggregate Supply (LRAS) Curve is vertical.

In the Classical & Neoclassical Paradigm of economics, the LRAS curve is depicted as vertical. This suggests that in the long run, changes in aggregate demand do not affect the level of output in an economy.

The LRAS curve represents the full employment level of output, where all available resources are efficiently utilized.

The vertical shape of the LRAS curve implies that the economy operates at its potential output in the long run, regardless of changes in aggregate demand.

The Classical economists argue that market forces, such as flexible wages and prices, ensure that the economy always returns to its full employment level.

According to the Classical & Neoclassical Paradigm, any temporary deviations from the full employment level are self-correcting.

For example, if there is an increase in aggregate demand causing inflationary pressure, wages and prices will adjust upward, bringing the economy back to its potential output.

This perspective emphasizes the importance of supply-side factors, such as labor, capital, and technology, in determining the long-run performance of an economy. It suggests that policies aimed at improving productivity and promoting efficiency are crucial for sustained economic growth in the long term.

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If the nominal interest rate is 7% and the real interest rate is 2%, what is the rate of inflation? a. 2% b. 5% c. 7% d. 11% QUESTION 14 Approximately, what is the present value of $10,000 to be roceived two years from foday, assuming a 12% interest rate? a. $2,400 b. $8,000 c. $10,000 d. $12,500.

Answers

If the nominal interest rate is 7% and the real interest rate is 2%, the rate of inflation is 5%.Explanation:The real interest rate (RIR) is calculated as the nominal interest rate minus the expected inflation rate:

[tex]RIR = nominal interest rate - expected inflation rateRIR = 7% - 2% = 5%.[/tex]

Therefore, the rate of inflation is 5%. Approximately, the present value of $10,000 to be received two years from today, assuming a 12% interest rate, can be calculated using the present value formula:

[tex]P = FV / (1 + r) nWhere,P = present valueFV = future value = $10,000n = number of years = 2r = interest rate = 12%.[/tex]

Substituting the values in the formula:

[tex]P = $10,000 / (1 + 0.12)²P = $10,000 / 1.44P = $6,944.44[/tex].

Therefore, the approximate present value of $10,000 to be received two years from today, assuming a 12% interest rate, is $6,944.44.

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Read the scenario below and answer the questions that follow.
Sales were below target at the cooperative retail store. The manager was very concerned about
this. She decided to write to every staff member of the organization about 30 of them to warn
them of the problem of falling sales and how jobs were now at risk. In the letter she asked for
ideas on how to increase sales. Staffs were asked to confirm that they had received the letter and
tell her if they had any good ideas.
a) Identify the type of communication used in this scenario (2 marks)
b) Assume the sales did not improve and a meeting was called between management and
staff about reducing the staff salaries. Outline two communication problems that might
arise in such a meeting. (4 marks)
c) Recommend two strategies for making communication effective in an organization

Answers

a) The type of communication used in this scenario is written communication.

b) Two potential communication problems in a meeting about reducing staff salaries are emotional resistance and lack of clarity/transparency.

c) Two strategies for effective communication in an organization are open and transparent communication channels and active listening with feedback.

a) The type of communication used in this scenario is written communication.

In the given scenario, the manager of the cooperative retail store decided to write a letter to every staff member, which indicates the use of written communication. Written communication involves the use of written words to convey information, instructions, or messages. It allows for documentation and provides a formal record of the communication exchanged.

Written communication is an important aspect of organizational communication as it enables clear and precise transmission of information. It helps in disseminating consistent messages to a large number of individuals simultaneously. Additionally, written communication allows individuals to review and refer back to the information provided, ensuring clarity and understanding.

b) Two communication problems that might arise in a meeting about reducing staff salaries are:

1. Resistance and emotional reactions: When discussing salary reductions, employees may react emotionally due to concerns about their financial stability and job security. Some employees might express frustration, anger, or resistance during the meeting, making it challenging to have a productive discussion.

2. Lack of clarity and transparency: Communication regarding salary reductions needs to be transparent and provide clear explanations of the reasons behind the decision. However, if management fails to provide a detailed rationale or fails to address employees' concerns adequately, it can lead to confusion and misunderstandings. This lack of clarity can hinder effective communication and create an atmosphere of mistrust.

In meetings, communication problems can arise due to various factors such as emotional reactions, misinterpretation of information, lack of clarity, or ineffective listening. It is essential for management to anticipate and address these potential issues in order to ensure productive and meaningful discussions during sensitive topics like salary reductions.

c) Two strategies for making communication effective in an organization are:

1. Open and transparent communication channels: Establishing open lines of communication within an organization promotes transparency and fosters a culture of trust. This can be achieved through regular meetings, feedback sessions, and accessible communication channels such as email, messaging platforms, or intranet systems. Encouraging employees to share their ideas, concerns, and suggestions freely creates a collaborative environment where effective communication can thrive.

2. Active listening and feedback: Effective communication involves not only transmitting information but also actively listening to others. Encouraging managers and staff to actively listen and provide constructive feedback can enhance understanding and engagement. Regular feedback sessions, performance evaluations, and opportunities for open dialogue allow individuals to express their opinions and contribute to the organization's overall communication process.

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On May 31 of the current year, the assets and liabilities of Riser, Incorporated are as follows: Cash $19,300; Accounts Receivable, $7,200; Supplies, $600; Equipment, $11,950; Accounts Payable, $9,250. What is the amount of equity as of May 31 of the current year? Multiple Choice $39,050. $13,050. $19,300 $48,300 $29,800.

Answers

Therefore, the amount of equity on May 31 can be calculated as:Equity = Assets – Liabilities= $39,050 – $9,250= $29,800Thus, the amount of equity as of May 31 of the current year is $29,800.

The correct answer is $29,800What is the amount of equity as of May 31 of the current year?On May 31 of the current year, the assets and liabilities of Riser, Incorporated are as follows:

Cash $19,300Accounts Receivable, $7,200Supplies, $600Equipment, $11,950Accounts Payable, $9,250To calculate the amount of equity as of May 31 of the current year, we need to apply the accounting equation, which states that:

Assets = Liabilities + EquityThe amount of assets on May 31 = Cash + Accounts Receivable + Supplies + Equipment= $19,300 + $7,200 + $600 + $11,950= $39,050The amount of liabilities on May 31 = Accounts Payable= $9,250

Therefore, the amount of equity on May 31 can be calculated as:Equity = Assets – Liabilities= $39,050 – $9,250= $29,800Thus, the amount of equity as of May 31 of the current year is $29,800.

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The view that has had a large influence on normative policy judgments is:
A. utilitarianism.
B. John Rawls's maximin principle.
C. All three of these views have been very influential.
D. Robert Nozick's entitlement theory of justice.

Answers

The view that has had a large influence on normative policy judgments is **utilitarianism**.

Utilitarianism is an ethical theory that focuses on maximizing overall happiness or utility for the greatest number of people. It has been widely influential in shaping normative policy judgments because it provides a framework for evaluating policies based on their consequences and societal benefits. Utilitarianism emphasizes the importance of promoting the greatest amount of happiness or well-being while minimizing harm or suffering.

While other views, such as John Rawls's maximin principle and Robert Nozick's entitlement theory of justice, have also had some influence on normative policy judgments, utilitarianism stands out as the most pervasive and widely applied ethical framework in policy discussions. Its emphasis on the overall welfare of society and the optimization of outcomes has made it a prominent guide for policymakers and policymakers in various fields.

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will the firm create value by increasing dividend payment because
of the cliente effect?

Answers

Increasing dividend payments may create value for a firm due to the cliente effect, as it can attract and retain investors who prefer stable income streams.

The cliente effect refers to the phenomenon where investors are attracted to companies that pay regular dividends, as it provides them with a predictable income stream. By increasing dividend payments, a firm can appeal to a broader range of investors, particularly those who prioritize income generation and prefer stable returns. This can potentially increase demand for the firm's stock and positively impact its stock price, thereby creating value for the company and its shareholders.

However, it's important to consider that the impact of increasing dividend payments on firm value is not universal. Several factors influence the overall effect on the company's value. Firstly, the financial health of the firm plays a crucial role. If a company has sufficient cash flow and earnings to support higher dividend payments without compromising its operations or growth opportunities, it can create value through increased dividends.

Secondly, the growth prospects of the company are essential. In some cases, investors may prioritize capital appreciation over dividends, especially if the company has significant growth potential. Lastly, the preferences of the firm's shareholders matter. If a significant portion of the shareholder base prefers capital gains or reinvestment of earnings, increasing dividends may not create significant value.

In conclusion, increasing dividend payments can potentially create value for a firm through the cliente effect by attracting income-oriented investors. However, the overall impact on firm value depends on factors such as financial health, growth prospects, and shareholder preferences. It is crucial for companies to assess their specific circumstances and consider a balanced approach that aligns with the interests of their shareholders and the long-term sustainability of the business.


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The Full AEF We are going to build up thew AEF including G and NX now. Suppose that: Autonomous Desired Consumption is $400 and the Marginal Propensity to consume is 0.55. Desired Investment is $300. The tax rate is in this economy will be 9%, and the Government's desired spending will be equal to $500. Finally, this economy exports \$150 each year, and has a marginal propensity to import of 0.10 Given this information: a) Write down the functions for C,I,G, and NX as functions of Y. Combine them into the AEF. b) What is the equilibrium Y from this AEF ? c) In Equilibrium, what is consumers' disposable income? d) In Equilibrium, what is the amount of desired savings? e) In Equilibrium, is there a government surplus or deficit? How large is it? f) What is the Marginal Propensity to Spend from this AEF? g) If autonomous consumption increased by $100, how much would equilibrium Y∗change?

Answers

The functions of national income (Y) for consumption (C), investment (I), government expenditure (G), and net exports (NX) are:

C = 400 + 0.55Y is the consumption function.

I = 300, the investment function

Function of government spending: G = 500

Function for net exports: NX = 150 - 0.10Y

The aggregate expenditure function (AEF), which combines these functions, is as follows:

C + I + G + NX = AEF

AEF = (400 + 0.55Y) + 300 + 500 + (150 - 0.10Y)

AEF = 1350 + 0.45Y

We set the aggregate expenditure (AEF) equal to the national income (Y) in order to determine the equilibrium level of national income (Y):

Y = AEF

Y = 1350 + 0.45Y

Calculating Y:

0.55Y = 1350 Y ≈ 2454.55

Consequently, $2454.55 is about what the equilibrium national income would be.

In a state of equilibrium, the national income (Y) equals the disposable income of consumers:

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Choose a listed company of your choice and devise an overall audit strategy for the financial year 2019-20/2020/21 (Year end 30 June 2020 or 30 June 2021) for the company. You can download financial statements and other interim reports from the company’s website. Other publicly published (newspaper extracts, interim reports, etc...) information may be used. Required You are expected to
1. Write a short project report on the audit strategy of the company(maximum 10 pages).
2. You need to include as annexure to the report a copy of the financial statements used for the assignment (Balance Sheet and Profit and Loss

Answers

Audit Strategy for the Financial Year 2019-20/2020-21. [Date]Table of Contents: Executive Summary, Introduction, Company Background, Audit Objectives, Materiality, Risk Assessment, Audit Procedures, Reporting, Annexure: Copy of Financial Statements

Company Background: [Provide a brief description of the company, its industry, market position, and any significant recent developments or changes.]

Audit Objectives: The audit objectives for [Company Name] are as follows:

a) To ensure that the financial statements are prepared in accordance with the applicable accounting standards and regulatory requirements.

b) To assess the effectiveness of internal controls and identify any deficiencies or weaknesses.

Materiality: Materiality refers to the magnitude of misstatements that could influence the economic decisions of users. Materiality will be determined based on quantitative and qualitative factors, including the company's size, nature of its operations, and financial reporting framework.

Risk Assessment: A comprehensive risk assessment will be conducted to identify and assess the risks of material misstatement in the financial statements. The assessment will consider both inherent and control risks.

Audit Procedures: Audit procedures will include the following:

a) Understanding the entity's internal control environment and assessing the design and effectiveness of internal controls.

b) Testing of transactions and account balances to ensure accuracy, completeness, and validity.

c) Performing substantive analytical procedures to assess the reasonableness of financial information and identify any unusual or unexpected trends or relationships.

Reporting: The audit report will include an opinion on the fair presentation of the financial statements in all material respects. If any material misstatements or weaknesses in internal controls are identified, they will be communicated to management and the audit committee.

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which partition management utility can be used to define and change various different guid

Answers

The partition management utility that can be used to define and change various different GUID is GPT .

GUID stands for Globally Unique Identifier. It is a standard system for giving unique identifiers to entities or objects in computer systems. GUID is used in various applications and sy.stems that need to create unique identifiers.GUID is commonly used with GPT (GUID Partition Table).

The GPT is a partitioning scheme that is used to define the partition table on a disk drive.

It is a part of the Unified Extensible Firmware Interface (UEFI) standard for booting the computer.GUID partition management utility can be used to define and change various different GUID. It is a disk partition management tool that is used to manage and configure the partition scheme of the disk drive.

It is used for the purpose of partitioning the disk drive and is a key component of modern operating systems. It is a reliable and robust tool for managing partitions, formatting disks, and creating partitions up to 2 TB.The GUID Partition Table is a successor to the Master Boot Record (MBR) partitioning scheme.

It is used in modern computers that have a UEFI firmware. The GUID Partition Table is more reliable, flexible, and efficient than the MBR scheme. It supports larger disk drives, up to 9.4 zettabytes, and allows for more partitions. It also includes a backup partition table, which makes it more resilient to disk failures.

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Zinc Corp. obtained a $100,000 loan from First Capital Bank on December 31, 2019, its fiscal year-end. It purchased a piece of heavy equipment for $95,000 on January 1, 2020. The loan bears interest at 8% per year on the unpaid balance and is repayable in four annual blended payments of $30,192 on December 31 each year, starting in 2020. Required: 1. Prepare the journal entries to record the following transactions: a. Receipt of loan proceeds from the bank b. Purchase the equipment.

Answers

1. a. Journal entry for the receipt of loan proceeds from the bank:

Date: December 31, 2019

Debit: Cash (or Bank) $100,000Credit: Loan Payable $100,000

The company receives a loan of $100,000 from First Capital Bank, increasing its cash (or bank) balance and creating a liability in the form of a loan payable.

b. the purchase  of equipment:

Date: January 1, 2020

Debit: Equipment $95,000

Credit: Cash (or Bank) $95,000

The company purchases a piece of heavy equipment for $95,000, reducing its cash (or bank) balance and increasing its asset value in the form of equipment.

For the receipt of loan proceeds, the company debits the cash (or bank) account for $100,000, reflecting the increase in cash. The corresponding credit is made to the loan payable account, recognizing the liability of the loan received from the bank.

Regarding the purchase of equipment, the company debits the equipment account for $95,000, recognizing the increase in the asset value. The cash (or bank) account is credited for the same amount, reflecting the reduction in cash due to the equipment purchase.

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1. Which of the following is NOT true about IPOs?
a)They are good deals for investors who buy them at a public offering and then sell them quickly afterward.
b)They are very popular among companies because of the easy assess to money.
c)They are initially underpriced in every country where stocks are publicly traded.
d)They usually result in dilution of earnings per share.
Which of the following statements about secondary offerings is FALSE?
Secondary offerings may occur when holders of large blocks of stock wish to sell too many shares for normal channels to handle.
Secondary offerings occur after an IPO.
Secondary offerings occur when an investment banker underwrites the sale of stock for existing stockholders, rather than for the company.
There is a trend away from the use of secondary offerings.

Answers

Option a) They are good deals for investors who buy them at a public offering and then sell them quickly afterward is not true about IPOs.The claim concerning secondary offers that is untrue is that there is a trend away from their use.

An IPO is an acronym for Initial Public Offering, which is a process by which a company issues shares of stock for sale to the general public for the first time. The stock will be offered through an underwriter who will set the price and quantity of shares to be sold.The shares are traded on the secondary market after the IPO.

Secondary offerings are used by companies to raise additional capital by issuing more shares to investors who already own stock in the company. The new shares are sold through an investment banker who underwrites the offering, with the proceeds going to the company or the stockholders who are selling the shares.

The statement that is false about secondary offerings is: There is a trend away from the use of secondary offerings. There is no trend away from the use of secondary offerings.

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Alexandra has a mortgage of $730,000 through the RSC for a vacation property. The mortgage is repaid by end of month payments with an interest rate of 4.9% compounded monthly for a term of 4 years, amortized over 15 years. At the end of the 4-year term, Alexandra will renew the mortgage for another 4-year term at a new, lower interest rate of 4.5% compounded monthly Round ALL answers to two decimal places if necessary 1) What are the end of month payments before the renewal of the mortgage? P/Y = 12 C/Y = 12 N =
I/Y = 4.9 PV = $ 730000 FV = $ 0
PMT = $ -5754.84
2) What is the balance when the mortgage is renewed?
PT = P2 = BAL = $
3) What will be the new end of month payments after the mortgage is renewed?
P/Y = 12 C/Y = 12 N = I/Y = 4.5 % PV = $ FV = 0
PMT = $

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The end of month payments before the renewal of the mortgage are $5,754.84.

Explanation:

Using the given information and the financial calculator functions, we can calculate the end of month payments before the renewal of the mortgage. The present value (PV) is $730,000, the interest rate (I/Y) is 4.9%, compounded monthly (P/Y = 12, C/Y = 12), the number of periods (N) is calculated based on the term of 4 years amortized over 15 years.

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The current price of one share of stock is 70.00. The stock pays no dividends. The risk-free rate is 3%. One year call and put options on the stock are available for various strike prices. Mr. Smith observes the following prices of the one year options:
Call with strike price K1 = 6.50
Call with strike price K2 = 2.00
Put with strike price K1 = 1.03463
Put with strike price K2 = 3.32775
Smith buys a call spread consisting of one long call with a strike price of K1 and one short call with a strike price of K2. (K2 > K1).
What is the maximum possible payoff of Smith’s portfolio?
What is the minimum profit of Smith’s portfolio?

Answers

The maximum possible payoff of Smith's portfolio is the difference between the strike prices of the two call options, K2 - K1. The minimum profit of Smith's portfolio is the difference between the premium paid for the long call option (K1) and the premium received for the short call option (K2).

In a call spread strategy, the investor buys a call option with a lower strike price (K1) and sells a call option with a higher strike price (K2). The maximum possible payoff occurs when the stock price is above K2 at expiration. In this case, the long call option with strike price K1 will be exercised, resulting in a payoff of K2 - K1.

The minimum profit, on the other hand, occurs when the stock price is below K1 at expiration. In this scenario, both the long call option and short call option will expire worthless, resulting in a loss equal to the premium paid for the long call option (K1) minus the premium received for the short call option (K2).

Therefore, the maximum possible payoff of Smith's is K2 - K1, and the minimum profit is the premium paid for the long call option (K1) minus the premium received for the short call option (K2).

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A (fake) firm makes shirts according to production function Q =
L.8K.2. The firm is employing 100 units of labor for $1 each and
100 units of capital for $2 each. (Capital and labor are the only
costs

Answers

The total cost of the fake firm that produces shirts according to the production function Q = L.8K.2 is $300.

Given the production function Q = L.8K.2 and the firm's employment of 100 units of labor for $1 each and 100 units of capital for $2 each, the total cost of the fake firm can be determined as follows:

Total cost = Total cost of labor + Total cost of capital

Total cost of labor = Number of units of labor × Cost per unit of labor

Total cost of labor = 100 × $1Total cost of labor = $100

Total cost of capital = Number of units of capital × Cost per unit of capital

Total cost of capital = 100 × $2

Total cost of capital = $200

Now, total cost of the fake firm = Total cost of labor + Total cost of capital

Total cost of the fake firm = $100 + $200

Total cost of the fake firm = $300

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The turnover of key employees can have a disproportionate impact on the business and the people organizations wish to retain are probably the ones most likely to leave. Reed (2001) claims that: Every worker is five minutes away from handing in his or her notice, and 150 working hours away from walking out of the door to a better offer. There is no such thing as a ‘job for life’ and today’s workers have few qualms about leaving employers for greener pastures… The average permanent job in the UK lasts six years. Concerted action is required to retain talented people, but there are limits to what any organization can do. It is also necessary to encourage the greatest contribution from existing talent and to value them accordingly.

Critically outline the factors that aids the retention and motivation of high performers in an organization with necessary example and an application from the industry of your choice?

Review on the turnover issues generally and the hindrance of turnover to the organizations supported with data/statistics.

Outline the factors that aids in the retention and motivation of high performers in organization generally.

Discuss and critically analyse and example from the industry.

Propose additional resources (expertise, tools, software and hardware) and time frame required to enable digital transformation in HR.

Identify which processes will be phased out with the intervention of a digital platform.

Recommendations: Recommend several strategies that is applicable to the organization (do consider looking at the perspective of multi-generation workforce)

Discussion: Discuss your topic by linking them with relevant theories/concepts in TM.

Answers

Turnover issues Generally, turnover refers to the rate at which employees leave the organization. Turnover can be voluntary (employees leaving the organization voluntarily) or involuntary (employees being fired or retrenched).

High turnover rates indicate that the employees are not motivated or satisfied with their jobs, and this can have a negative impact on the organization. According to a report by the Work Institute, in 2020, more than 100 million employees in the United States left their jobs due to turnover issues.

Factors that aid in the retention and motivation of high performers in organizations. The following are some factors that aid in the retention and motivation of high performers in organizations:

i) Offer competitive compensation and benefits.

ii) Offer career development opportunities such as training, mentoring, and coaching.

iii) Offer a flexible work schedule.

iv) Recognize and reward employee performance.

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How do I record my adjusting entries on the trial balance for the Leases · Six ovens were rented on December 31, with $20,000 charged to rent expense. The lease runs for 6 years with an implicit interest rate of 5%. At the end of the 6 years, Peyton will own them. Make any necessary adjusting entries.

Answers

To record the adjusting entries for the leases and account for the implicit interest rate, follow these steps:

Step 1: Determine the annual interest expense:

The implicit interest rate is 5%, and the lease runs for 6 years. Therefore, the annual interest expense is calculated as follows:

Annual interest expense = (Lease amount - Rent expense) * Implicit interest rate

Step 2: Record the adjusting entry:

Debit Interest Expense for the annual interest expense amount calculated in Step 1.

Credit Lease Liability for the same amount.

This adjusting entry recognizes the interest expense associated with the lease and updates the lease liability account accordingly.

After making the adjusting entry, the trial balance should reflect the updated balances for the Interest Expense and Lease Liability accounts.

It's important to note that this response provides a general approach to recording adjusting entries for leases with an implicit interest rate. The specific accounting treatment may vary depending on the accounting standards applicable to your jurisdiction and any additional information not provided in the question. Consulting with an accounting professional or referring to the relevant accounting standards is recommended for accurate and specific guidance.

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When operating a business the calculation of taxable income is important as it is the basis for determining the amount of tax that must be paid on the income of the business. How is taxable income computed by the business if it is operated as a "C" corporation, and "S" corporation or a partnership?

Answers

The computation of taxable income varies depending on the type of business entity: "C" corporation, "S" corporation, or partnership.

For a "C" corporation, taxable income is determined by subtracting allowable deductions from the corporation's total revenues. The deductions include business expenses, cost of goods sold, depreciation, and other applicable expenses. The resulting amount is the corporation's taxable income, on which corporate income tax is levied.

In the case of an "S" corporation, the corporation itself is not subject to federal income tax. Instead, the taxable income passes through to the individual shareholders in proportion to their ownership percentage. The shareholders report their share of the corporation's income on their personal tax returns and pay taxes at their individual tax rates.

For a partnership, the taxable income is calculated at the partnership level, similar to an "S" corporation. The partnership's income and deductions are allocated among the partners based on their partnership agreement or ownership percentage. Each partner includes their share of the partnership's income on their personal tax return and pays taxes at their individual tax rates.

Overall, the calculation of taxable income for a business entity depends on its legal structure and the specific tax regulations governing that structure.

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In Pennsylvania, all of the following characterize a standard fire policy EXCEPT OA. covers the peril of fire. OB. covers the peril of lightning. OC. only covers property at a fixed location. OD. automatically provides standard extended coverage perils. Sense LLC. All rigle ned 4

Answers

In Pennsylvania, all of the following characterize a standard fire policy EXCEPT OA. covers the peril of fire. OB. covers the peril of lightning. OC. only covers property at a fixed location. OD. automatically provides standard extended coverage perils. Sense LLC.

OC. only covers property at a fixed location.

A standard fire policy in Pennsylvania typically covers the peril of fire and may also cover additional perils such as lightning (OB). It is not limited to property at a fixed location (OC). Additionally, a standard fire policy may or may not automatically provide standard extended coverage perils (OD), as the inclusion of extended coverage perils may vary depending on the specific policy terms and conditions.

Therefore, the correct answer is OC. only covers property at a fixed location.

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Aigo Pizza Express Incorporated began the Year 2 accounting period with $7,000 cash, $5,500 of common stock, and $1,500 of retained earnings, Pizza Express was affected by the following accounting events during Year 2 1. Purchased $12,000 of supplies on account 2. Earned and collected $30,000 of cash revenue. 3. Paid $10,500 cash on accounts payable. 4. Adjusted the records to reflect the use of supplies. A physical count indicated that $2.900 of supplies was still on hand on December 31, Year 2 Required a. Show the effects of the events on the financial statements using a horizontal statements model. In the Statement of Cash Flows column, use OA to designate operating activity. FA for financing activity, IA for investing activity, and NC for net change in cash. If the element is not affected by the event, leave the cell blank. The beginning balances have been entered as an example. (Enter any decreases to account balances and cash outflows with a minus sign. Not all cells require entry.) PIZZA EXPRESS INCORPORATED Horizontal Statements Model Balance Sheet Liabilities Assets Stockholders' Equity Income Statement Even No Statement of Cash Flows Accounts Retained Common JUTERIS Suunm

Answers

The balance sheet equation at the beginning of Year 2 is Assets = Liabilities + Stockholders' Equity or $7,000 = 0 + $7,000.

PIZZA EXPRESS INCORPORATED

Horizontal Statements Model

Beginning Balance Event 1 Event 2 Event 3 Event 4 Ending Balance

Assets $7,000 Supplies $12,000 OA Cash $30,000 OA  Supplies ($2,900) OA $46,100

Liabilities  Accounts Payable $10,500 OA  ($10,500) OA  

Stockholders' Equity $7,000     $13,000

Common Stock $5,500     $5,500

Retained Earnings $1,500     $7,500

Beginning Balance Event 1 Event 2 Event 3 Event 4 Ending Balance

Revenues   $30,000 OA   $30,000

Expenses  $12,000 OA  Supplies ($2,900) OA  $9,100

Net Income  ($12,000) OA $30,000 OA  Supplies $2,900 OA $21,800

Beginning Balance Event 1 Event 2 Event 3 Event 4 Ending Balance

Cash $7,000  $30,000 OA ($10,500) OA  $26,500

Note:

All amounts are in dollars.

OA stands for Operating Activity.

The balance sheet equation at the beginning of Year 2 is Assets = Liabilities + Stockholders' Equity or $7,000 = 0 + $7,000.

Event 1: Pizza Express purchased $12,000 of supplies on account, which increases the Supplies asset and increases the Accounts Payable liability by the same amount.

Event 2: Pizza Express earned and collected $30,000 of cash revenue, which increases the Cash asset and increases the Revenue account.

Event 3: Pizza Express paid $10,500 cash on accounts payable, which decreases the Cash asset and decreases the Accounts Payable liability by the same amount.

Event 4: Pizza Express adjusts its records to reflect the use of supplies, which reduces the Supplies asset and increases the Supplies Expense account by the same amount.

The ending balances are calculated by adding up the beginning balance and the effects of each event on the corresponding statement.

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1. (T) If the government sold bonds in the open market, net exports will decrease. 2. (T) F Typical households respond to higher inflationary expectations by increasing consumption in the short run. 3. (F) As interest rates fall, spending decreases.

Answers

(T) If the government sold bonds in the open market, net exports will decrease. (T) Typical households respond to higher inflationary expectations by increasing consumption in the short run. (F) As interest rates fall, spending decreases.

(T) If the government sold bonds in the open market, net exports will decrease.

When the government sells bonds in the open market, it increases the supply of bonds, which leads to an increase in interest rates. Higher interest rates make domestic assets more attractive, which can result in an appreciation of the domestic currency. A stronger domestic currency makes exports more expensive and imports cheaper, leading to a decrease in net exports.

(T) Typical households respond to higher inflationary expectations by increasing consumption in the short run.

When households expect higher inflation, they may choose to increase their consumption in the short run. This behavior is driven by the desire to spend money before its value erodes due to inflation. By increasing consumption, households aim to acquire goods and services before their prices potentially rise further.

(F) As interest rates fall, spending decreases.

As interest rates fall, borrowing costs decrease, making it more attractive for households and businesses to borrow and spend. Lower interest rates can stimulate spending by encouraging investment, consumption, and borrowing. Therefore, a decrease in interest rates typically leads to an increase in spending, rather than a decrease.

When the government sells bonds in the open market, net exports tend to decrease. In response to higher inflationary expectations, typical households may increase their consumption in the short run. Contrary to the statement, as interest rates fall, spending generally increases rather than decreases. These relationships are based on economic principles and behavior observed in the real world.

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Focusing on major air cargo hubs (such as Hong Kong, Anchorage or Dubai), compare and contrast the factors that have affected their growth.?

Answers

The growth of major air cargo hubs such as Hong Kong, Anchorage, and Dubai has been influenced by various factors. Let's compare and contrast the factors that have affected their growth:

Geographical Location:

Hong Kong: Hong Kong's strategic location in the heart of Asia has contributed to its growth as an air cargo hub. Its proximity to China and other emerging markets in the region has made it a key gateway for trade.

Anchorage: Anchorage, located in Alaska, serves as a critical transshipment point between Asia and North America. Its geographical position makes it an ideal refueling and stopover location for cargo flights.

Dubai: Dubai's geographical location at the crossroads of Europe, Africa, and Asia has played a significant role in its growth as a global air cargo hub. Its proximity to high-growth markets and its connectivity to major trade routes have attracted businesses and stimulated cargo growth.

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Globalization in the past decades was significantly evidenced by growing soft power of several countries. Soft Power or broadly, the ability to attract or co-opt involves shaping the preferences of others through appeal and attraction of culture, political values, and foreign policies. Other than Hollywood which drew audiences to the American way of life, recent decades witnessed the popularity of cultural products such as Bollywood of India, British pop bands, Latin American Telenovelas, Japanese anime, and cuisine such as sushi as well as French and Italian fashion. South Korea had been remarkable for the rapid growth of its exports such as cars, cellphones, and computers but as well as its soft power through Korean Wave. Clearly, there are immense business opportunities in soft power as well as opportunities to bring world communities closer.
What are the factors that contributed to the rise of Korean Wave (including K -Pop and K drama)? Why is it a huge success? Please discuss briefly.

Answers

The rise of the Korean Wave, also known as Hallyu, can be attributed to several factors. One of the key factors is the South Korean government's active promotion and investment in cultural industries since the 1990s. The government identified the potential of cultural exports to boost the country's economy and image, and thus provided support and incentives for the development of the entertainment industry.

Korean entertainment companies also invest heavily in training their artists, producing high-quality music and videos, and promoting their talent both domestically and internationally. This has led to the creation of a unique and distinct style that appeals to audiences worldwide.

Moreover, the Korean Wave has gained traction due to its ability to cater to diverse audiences by blending traditional Korean elements with modern Western influences. For example, K-Dramas are often centered around universal themes such as romance and family relationships and showcase Korean culture and values in a relatable way.

In summary, factors such as government support, social media, investment in talent, blending of cultures, and providing an alternative to mainstream Western culture all contributed to the rise of the Korean Wave and its success.

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Ray Stone has $26,000 to invest in a small business venture. His partner has promised to pay him back $52,000 in five years. The annual return earned on this investment is expected to be %. (Do not include the % sign, and round it to two decimal places, e.g., 8.44)

Answers

The expected annual return on Ray Stone's investment in the small business venture is approximately 16.97%.

Ray Stone's investment of $26,000 is expected to generate a return of $52,000 in five years. To calculate the annual return rate, we can use the formula for compound interest:

Future Value = Principal * (1 + Rate)^Time

Rearranging the formula to solve for the rate:

Rate = (Future Value / Principal)^(1/Time) - 1

Substituting the given values:

Rate = ($52,000 / $26,000)^(1/5) - 1

Simplifying the calculation:

Rate = 1.00 - 1

Therefore, the annual return rate for Ray Stone's investment is 0%, indicating that he will not earn any interest or return on his investment.

This implies that Ray Stone's partner is returning the exact amount invested without any additional profits or interest earned. While this may be considered a low return on investment, it is still a guaranteed repayment of the initial investment amount. It's important for investors to carefully consider the potential returns and risks associated with any business venture before making investment decisions.

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Bramble Corp's accounting records reflect the following inventories: Dec. 31, 2019 Dec. 31, 2020 Raw materials $ 80000 $ 64000 inventory Work in process 104000 116000 Inventory Finished goods inventory 100000 92000 During 2020, Bramble purchased $1580000 of raw materials, incurred direct labor costs of $250000, and incurred manufacturing overhead totaling $160000, Assume Bramble's cost of goods manufactured for 2020 amounted to $1994000. How much would it report as cost of goods sold for the year? O $2002000 O $1986000 O $1902000 O $2094000

Answers

Bramble Corp would report a cost of goods sold of $1986000 for the year. This represents the cost incurred to produce the goods that were sold during the year.

To calculate the cost of goods sold (COGS), we need to consider the changes in inventories and the manufacturing costs incurred during the year. The formula for calculating COGS is:

COGS = Opening Finished Goods Inventory + Cost of Goods Manufactured - Closing Finished Goods Inventory

According to the given information, the opening finished goods inventory was $100000, the cost of goods manufactured was $1994000, and the closing finished goods inventory was $92000. Substituting these values into the formula, we get:

COGS = $100000 + $1994000 - $92000 = $1986000

Therefore, Bramble Corp would report a cost of goods sold of $1986000 for the year. This represents the cost incurred to produce the goods that were sold during the year.

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Calculate the value of a bond that matures in 11 years and has a $1000 par value. The annual coupon interest rate is 15 percent and the​ market's required yield to maturity on a​ comparable-risk bond is 14 percent.

Answers

(a) The value of a bond can be calculated using the present value of its future cash flows. In this case, the bond has a 11-year maturity, a $1000 par value, and an annual coupon interest rate of 15%. The market's required yield to maturity on a comparable-risk bond is 14%.

Using the formula for the present value of a bond:

Value of Bond = (Coupon Payment / (1 + Yield)¹) + (Coupon Payment / (1 + Yield)²) + ... + (Coupon Payment + Par Value / (1 + Yield)¹¹)

Where:

Coupon Payment = Annual coupon interest rate * Par Value

Yield = Required yield to maturity

Substituting the given values:

Coupon Payment = 0.15 * $1000 = $150

Yield = 0.14

(b) The calculation involves discounting each cash flow by the appropriate discount factor. The discount factor is determined by the required yield to maturity and the time period. Each cash flow is divided by the discount factor raised to the corresponding power.

In this case, we have 11 cash flows, which include 10 coupon payments of $150 each and the final cash flow consisting of the coupon payment plus the par value.

To calculate the present value, we discount each cash flow by dividing it by (1 + Yield) raised to the respective power. The sum of all the present values will give us the value of the bond.

Please note that due to the large number of calculations involved, it is recommended to use a financial calculator, spreadsheet software, or specialized bond valuation tools to calculate the exact value of the bond.

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A building acquired at the beginning of the year at a cost of $150,800 has an estimated residual value of $5,800 and an estimated useful life of 10 years. Determine the following: (a) The depreciable cost $ ____ (b) The straight-line rate $ _____ (c) The annual straight-line depreciation _____ %

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(a) The depreciable cost = $145,000(b) The straight-line rate = 10%(c) The annual straight-line depreciation = $14,500

(a) The depreciable cost= $145,000The formula to calculate the depreciable cost is the total cost of the asset minus its residual value, which is given as follows: Depreciable Cost = Cost of the Asset – Residual Value= $150,800 – $5,800= $145,000(b) The straight-line rate= 10%The straight-line depreciation method is used to calculate the annual depreciation of the asset, which is then divided by the useful life of the asset to find the straight-line rate of depreciation. The formula to calculate the straight-line rate is given as follows: Straight-Line Rate= (100% ÷ Useful Life)= (100% ÷ 10 years)= 10%(c) The annual straight-line depreciation = $14,500The formula to calculate the annual straight-line depreciation is the cost of the asset minus its residual value, divided by the useful life of the asset, which is given as follows: Annual Straight-Line Depreciation= (Cost of the Asset – Residual Value) ÷ Useful Life= ($150,800 – $5,800) ÷ 10= $14500The building acquired at the beginning of the year has a depreciable cost of $145,000, a straight-line rate of 10%, and an annual straight-line depreciation of $14,500.

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the present floating exchange rate system is not a totally free float because

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The current floating exchange rate system is not a completely free float because the governments and central banks of various countries tend to intervene in the foreign exchange market to influence the exchange rate.

Although the market forces of supply and demand determine exchange rates in a free-floating currency regime, governments and central banks try to influence the value of their currencies for economic reasons.

Because of the prominence of the US dollar in international trade, the Federal Reserve, the US central bank, is frequently involved in foreign exchange transactions to regulate the value of the dollar. Similarly, the European Central Bank, the Bank of Japan, and the People's Bank of China frequently intervene in the currency market to keep the value of their respective currencies in check.

The world's current floating exchange rate system is classified as managed floating or dirty floating as a result of these interventions. It indicates that the exchange rate is determined by the market, but it is influenced by central bank intervention. Because central banks may adjust interest rates to influence currency values, exchange rates may fluctuate depending on the state of the economy in that nation.

The present floating exchange rate system is not a totally free float because governments and central banks may intervene in the foreign exchange market to influence the exchange rate. As a result, this intervention leads to managed or dirty floating exchange rates.

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SECTION A [100 Marks] Read the case study below and answer the questions that follow.Hennes & Mauritz (H&M): High Cost of Fast Fashion Sweden-based Hennes and Mauritz (H&M), one of the leading fast-fashion retailers in the world, was staring at an uncertain future in 2018. As of November 2017, the company had unsold stock worth US$ 4.3 billion. While the CEO, Karl-Johan Persson, said that the problem was due to decreasing traffic to the physical stores and the growing impact of online retailers, analysts were of the view that it was due to H&Ms weak supply chain, which could not keep up with more nimble competitors like Zara. H&M designed the clothes in-house, but it did not own any production facilities and outsourced its manufacturing to factories located in Asia to reduce costs. It took about three weeks for the clothes to be designed, made, and shipped to stores across the world. Competitors like Zara, however, finished this whole process within a span of ten days to two weeks. There were exclusively online retailers like ASOS which had short supply chains. With H&Ms products not able to keep up with customers expectations, inventory started to pile up. The company did not make any major changes to its supply chain for over two decades, and continued to produce in Asia without paying any attention to the changing trends in the fast fashion industry. Users said that the offerings from H&M had become dull and unfashionable. This was because H&M designed 80% of its clothes before the season and only 20% during the season. As the clothes were not attractive, they remained unsold, leading to a build-up of inventory. In the fast-fashion era, these clothes went out of fashion within a few weeks, and H&M was unable to sell them. This only added to its inventory. H&Ms supply chain was unable to react to the unsold stocks, and it continued to replenish stocks with styles that were not always trendy. It also started facing competition from online retailers who were extremely quick in introducing new styles and fashions. Though H&M went online in the late 1990s itself, it did not do much to develop its e-commerce capabilities. As a result, the companys unsold inventory swelled to 20% of its total sales. H&M resorted to markdowns, which adversely impacted its profits. The inventory problem-plagued it for seven quarters, and the company appeared to be caught in a vicious circle of low sales, markdowns, and excess inventory. To address these issues, the company went in for an overhaul of its supply chain. But the new supply chain led to more problems as the merchandise could not reach the stores on time. It again went in for a change of the supply chain and also the design process to include analytics to understand demand. It also automated the warehouses and logistics centres. The company announced investments in artificial intelligence, RFID, and omnichannel programs. H&M then announced a transformation that was guided by three action areas be restless around the core invest in enablers new technology and ways of working, and drive growth both traditional and new. It remained to be seen whether the supply chain transformation would help the company regain the glory it had lost. Source: Hennes & Mauritz (H&M): High Cost of Fast Fashion - The Case Centre Answer ALL the questions in this section.Question 1 Integration, operations, purchasing, and distribution are the four primary components of supply chain management. Each of these pillars is reliant on the others to provide a smooth transition from plan to completion at the lowest possible cost. Outline each of the four aspects and illustrate your answer with examples from the text.Question 2 Foreign vendors are added to a company's supply chain for a variety of reasons. However, the fundamental motivation for utilising an international provider is because that source is thought to offer better value than a domestic supplier. Explain ANY FOUR (4) reasons for global sourcing and make reference to the case study.Question 3 Discuss the various forms of inventory costs and use examples from the article to illustrate your point.Question 4 Identify and describe ANY FOUR (4) external factors to direct distribution while making reference to the article to support your answer.Question 5 The key processes and methods for integrating and managing process links among supply chain partners will vary depending on each firm's internal structure, market conditions, the degree to which functional silos exist in any trading partners, and the nature of existing relationships within each supply chain. Discuss ANY FOUR (4) important supply chain processes and provide examples from the case study. The following conversation took place between Juanita Jackson, Vice President of Marketing, and Les Miles, Controller of Diamond Computer Company:Juanita: I am really excited about our new computer coming out. I think it will be a real market success.Les: Im really glad you think so. I know that our success will be determined by our price. If our price is too high, our competitors will be the ones with the market success.Juanita: Dont worry about it. Well just mark our product cost up by 25%, and it will all work out. I know well make money at those markups. By the way, what does the estimated product cost look like?Les: Well, theres the rub. The product cost looks as if its going to come in at around $1,200. With a 25% markup, that will give us a selling price of $1,500.Juanita: I see your concern. Thats a little high. Our research indicates that computer prices are dropping and that this type of computer should be selling for around $1,250 when we release it to the market.Les: Im not sure what to do.Juanita: Let me see if I can help. How much of the $1,200 is fixed cost?Les: About $200.Juanita: There you go. The fixed cost is sunk. We dont need to consider it in our pricing decision. If we reduce the product cost by $200, the new price with a 25% markup would be right at $1,250. Boy, I was really worried for a minute there. I knew something wasnt right.Write a brief memo from Les Miles to Juanita Jackson (a) responding to her solution to the pricing problem, and (b) explaining how target costing could be used to solve the problem. y" + 2y' = 12t d. y" - 6y'- 7y=13cos 2t + 34sin 2t eyn Which of the following is NOT an area of jurisdiction for the provincial governments?wait times for cancer treatmentwage rates for overtime work at The Baya law regulating bank interest ratesrules for obtaining a driver's licensecourses required for high school graduation according to freud, the ego acts as a mediator because it: john b. watson argued for a psychology based on the study of 1) The owner of Foremost Partners asks her director of marketing to assess the companys tactical targeting options. During this assessment, it will be most important for the director to consider which of the following factors?the companys degree of market specializationthe principle of target compatibilitythe companys strongest core competenciesthe principle of effectiveness2) Vox Audio focuses their manufacturing and marketing efforts on buyers who appreciate high-end, cinema-grade sound for their home theaters. Which of the following does this example best represent?single-segment targetingmass specializationproduct specializationmulti-segment targeting3) LuxTax is a taxi company that utilizes high-end vehicles for their service. Their customer base is willing to pay more to ride to important meetings and events or to and from the airport in style. Customers using the LuxTax service are best classified as being part of a ________ market.fragmentedselectivediverseniche4) Precision Television is well-known and respected for high-definition televisions it sells to consumers, school systems, and restaurants and eateries. Precision Televisions work can be best described as a form of ________ specialization.segmentmarketselectiveproduct what discovery demonstrated that atoms are not the smallest particles the family tree guide to dna testing and genetic genealogy Using Porters 5 forces, suggest how ABC confectionery a competitor entering the market with a new product can plan a pricing strategy. What would ABC confectionery need to consider in terms of strategy formulation? Part II: Write Your Own Credit Applicant ProfilesWrite three fictional profiles:1. Someone who would benefit from opening a credit card account. 2. Someone who should not open a credit card account. 3. Someone who could go either way on whether opening a credit card account is a good idea right now or not. Write the profiles in a random order because a partner will determine (in Part 111 "Test a Classmate") which profile fits which scenario and write their explanation in the Partner Response box later.hey there! can someone please help me write three stories for these scenarios? thank you so much! :) Please show in Excel with excel formulaYou secure a team whos wants to help you develop, source,test,and launch the product. You spend the next 2 years getting tolaunch by spending $35,000 in yo Your purchased a bond that matures in 7 years. The bond has a face value of $1000 and an 9 percent annual coupon. The bond has a current yield of 10.32%. What is the bond's yield to maturity? Please provide the steps below for partial credit! How long does it take a present value amount to triple if the expected return is 9% What depressed Hooper after the excitement of his homecoming wore off? Illustrate the following with supply and demand curves: a. In November 2017, Leonardo DaVinci's oil painting Salvator Mundi was sold at Christie's Auction House in New York for a record-shattering $450.3 million. b. In July 2018, hogs in the United States were selling for 70 cents per pound, down from 81 cents per pound a yea before. This was primarily due to the fact that supply had increased during the period. c. In 2017, the demand for organic produce increased by 5.3 percent from the previous year, while the number of U.S. certified organic farms increased by 13 percent. The overall result was a drop in the average price of organic produce and an increase in the quantity of organic pro- A vector y = [R(t) F(t)] describes the populations of some rabbits R(t) and foxes F(t). The populations obey the system of differential equations given by y' = Ay where 99 -1140 A = 8 -92 The rabbit population begins at 55200. If we want the rabbit population to grow as a simple exponential of the form R(t) = Roet with no other terms, how many foxes are needed at time t = 0? (Note that the eigenvalues of A are = 4 and 3.) Problem #3: Question Content Area The Austin Land Company sold land for $58,330 in cash. The land was originally purchased for $34,660. At the time of the sale, $12,080 was still owed to Regions Bank. After the sale, The Austin Land Company paid off the loan. Explain the effect of the sale and the payoff of the loan on the accounting equation. Enter all dollar amounts as positive numbers. Total assets Increase $fill in the blank 2 Total liabilities Decrease $fill in the blank 4 12,080 Stockholders' equity Increases $fill in the blank 6 23,670 XYZ Company has identified two mutually exclusive projects. Project A has cash flows of $40,000, $21,200, $20,000, and $14,000 for Years 0 to 3, respectively. Project B has a cost of $38,000 and annual cash inflows of $25,500 for 2 years. a) What is the payback period for both the projects? Which project you should select based on the payback period? (6 pts) b) What is the IRR for both the projects? Which project you should select based on the IRR? (8 pts) c) At what rate would you be indifferent between these two projects (crossover rate)? (8 pts) d) When you should select project A over project B, provide your answer using the NPV profile (hint: you have to compare based on the required rate of return and crossover rate)? (8 pts) On January 1, a company agrees to pay $27,000 in five years. If the annual interest rate is 9%, determine how much cash the company can borrow with this agreement. On January 1, a company agrees to pay $27,000 in five years. If the annual interest rate is 9%, determine how much cash the company can borrow with this agreement.