Answer:
C) provided income subsidies to senior citizens.
B) not change the price of each kilowatt-hour of electricity
Explanation:
Regulators could have provided income subsidies to senior citizens. This would be a more efficient way of helping seniors pay their electric bills because it would not change the price of each kilowatt-hour of electricity.
Regulators could have provided income subsidies to enable the elderly to pay off the electric bills rather than mandate that electricity companies charge them less as this would result in lower profits for the companies who might then try to find a way around it.
With this, the price will not change and ensure that the welfare of both the elderly and that of the company is protected.
What is the present value of $6,000 to be paid at the end of each of the next eight periods assuming an interest rate of 10%
Answer:
PV= $32,009.58
Explanation:
Giving the following information:
Annual deposit= $6,000
Interest rate= 10%
Number of periods= 8 years
First, we need to calculate the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {6,000*[(1.1^8) - 1]} / 0.1
FV= $68,615.33
Now, the present value:
PV= FV/(1+i)^n
PV= 68,615.33 / (1.1^8)
PV= $32,009.58
A pharmaceutical company purchased a patent for a new drug October 1 for $8,000,000. The remaining legal life of the patent is 10 years but the firm only expects to benefit from the patent for 5 years. No residual value is expected. Assuming the straight-line method is used, what is the amortization expense, if any, for the current accounting period (year) ending on 12/31
Answer: $400,000
Explanation:
When calculating the amortization of a patent, we either use the legal life or the useful life depending on which is shorter which in this case is the useful life.
Annual Amortization;
= (Cost - Salvage value) / 5 years
= (8,000,000 - 0) / 5
= $1,600,000
Patent was purchased October 1. October to December is 3 months.
Depreciation for the year is therefore;
= 1,600,000 * 3/12
= $400,000
Lisa Sumaya has decided to give up her full-time job to complete her master
degree. Identify at least one potential economic risk and one potential economic
benefit Lisa might have considered in making her decision.
Answer: Financial effects poses as economical risk while an improvement in career and better opportunity poses as potential economic benefit
Explanation:
One potential economic risk Lisa would have to face is that she would have issues with finances for the time being between when she resigned from her job, through her Master's and till she gets another job.
One potential economical benefit towards this decision is that she would have made an advancement in her career and would be at better place career wise and worth wise to compete for better jobs and improved pay from the place she left.
The procedure of finding the present values of cash flows expected in the future using the time value concept is called
a.
Money value
b.
Compounding
c.
Stock value
d.
Discounting
A firm has cash of 200,000, accounts receivable of 75,000, prepaid expenses of 12,500, accounts payable of $50,000, other current liabilities of 35,000, common stock of 375,000 and long term liabilities of 65,000. The firm also produced a profit of 20,000 during the last calendar year. What is the firm working capital?
Answer:
$202,500
Explanation:
Working capital is the difference between current assets and current liabilities. Therefore, the formula for calculating working capital is as below.
Working capital = current assets- current liabilities
in this case
current assets =
cash $200,000
account receivable $75,000
prepaid expenses of $12,500,
Total current assets = $287,500
current liabilities
accounts payable of $50,000
other current liabilities of $35,000
Total current liabilities = $85,000
working capital = $287,500 - $85,000
=$202,500
A portfolio with a 21% standard deviation generated a return of 16% last year when T-bills were paying 5.5%. This portfolio had a Sharpe ratio of ____.
Answer:
0.5
Explanation:
A portfolio has 21% standard deviation
The return is 16%
T-bills were paying 5.5%
Therefore the Sharpe ratio can be calculated as follows
= 16-5.5/21
= 10.5/21
= 0.5
Hence the Sharpe ratio is 0.5
Suppose real GDP is forecasted to grow by 2.78 %, the velocity of money has been stable, and the Fed announces an inflation target of 3.70 %. What is the largest money growth rate the Fed could implement and still achieve its inflation target
Answer: 6.48%
Explanation:
This can be solved using the Quantity theory of money;
MV = PY
When dealing with changes, formula changes to;
% change in Money Supply + %change in velocity = %change in price + %change in real GDP
Velocity has been stable so will be zero.
change in money supply = 3.70% + 2.78%
= 6.48%
In reviewing the accounts receivable, the cash realizable value is $15990 before the write-off of a $1510 account. What is the cash realizable value after the write-off
Answer: $15,990
Explanation:
It is always assumed that a company uses the Allowance method for uncollectibles unless otherwise stated. This means that when there is a write-off, it will come out of the allowance for uncollectible accounts.
As the allowance balance has already been deducted from the accounts receivable to find the receivables' cash realizable value, the accounts receivable balance will not change even after the write-off.
Scott is saving for a down payment to buy a house. The account earns 7.7% interest compounded semi-annually, and he wants to have $10,000 in 5 years. What must his principal be
Answer:
$6,853.86 ≈ $6,854
Explanation:
we need to determine the present value of Scott's account:
present value = future value / (1 + i)ⁿ
future value = $10,000i = 3.85%n = 5 x 2 = 10 periodspresent value = $10,000 / (1 + 0.0385)¹⁰ = $10,000 / 1.459 = $6,853.86
the present value formula allows us to calculate how much a future cash flow is in today's dollars
Answer:
6853.86
Explanation:
(in millions) 2017 2016 Average common stockholders’ equity $2,825 $2,925 Dividends declared for common stockholders 335 630 Dividends declared for preferred stockholders 45 45 Net income 605 685 Calculate the payout ratio and return on common stockholders’ equity ratio for 2017 and 2016.
Answer:
a) Payout ratio for common stock:
= 0.60 or 60% for 2017
= 0.98 or 98% for 2016
b) Return on Common Stockholders' Equity
2017 = 19.82%
2016 = 21.88%
Explanation:
a) Data and Calculations:
(in millions) 2017 2016
Average common stockholders’ equity $2,825 $2,925
Net income 605 685
Dividends declared for preferred stockholders 45 45
Net income available for common stockholders 560 640
Dividends declared for common stockholders 335 630
Payout ratio for common stock:
= Dividends per share/Earnings per share
Dividends / Earnings for common stockholders
= $335/$560 = 0.60 for 2017
= $630/$640 = 0.98 for 2016
Return on common stockholders' equity:
= Earnings after preferred stock/Common Stockholders' Equity
2017 = $560/$2,825
= 0.1982
= 19.82%
2016 = $640/$2,925
= 0.2188
= 21.88%
A home valued at $168,500 has just had a 70% mortgage loan placed on it. The interest rate is 5.25%. The monthly payment is $651.32 including principal and interest. What will the principal balance of the mortgage loan be after the next monthly payment is made?
Answer:
$117,850.71
Explanation:
the loan = $168,500 x 70% = $117,950
assuming that no payment has been made yet, the interest portion of the monthly payment = $117,950 x 5.25% x 1/12 = $516.03
the loan's principal will decrease by = $651.32 - $516.03 = $99.29
the loan's principal balance after the first payment = $117,950 - $99.29 = $117,850.71
function of financial system?
Answer:
A financial system functions as an intermediary and facilitates the flow of funds from the areas of surplus to the areas of deficit. It is a composition of various institutions, markets, regulations and laws, practices, money managers, analysts, transactions, and claims & liabilities.May 29, 2016
(can u flag me)
What is product positioning?
Answer:
The concept of product positioning in marketing terms refers to the place that a certain brand or product occupies in the minds of consumers concerning its competition.
Explanation:
In this way, the idea that the consumer has regarding a brand or product is what makes it different from its competition.
Achieving a good brand positioning or product positioning in the minds of consumers strengthens the company, as it allows it to manage the brand solidly and effectively.
What was the opening price of Dow Jones Industrial Average on May 25, 2017 in the format of XXXXX.XX?
Answer:
21,062.96
Explanation:
As per online sources the price was $21,062.96.
see attached extract of source
Unpack the role of the Federal Reserve in Keynesian Economics? Answer each question below in your responses.
- What is money?
- What are the functions of money?
- What is the Fed’s primary responsibility?
- What are the four tools of the Fed? How do they work?
- Assuming the Federal Reserve wanted to try and stimulate the economy, what would it do? Why?
- What are the limitations of monetary policy and what variables, according to your Keynesian Cross model in Q3, that drive that/those limitation(s)?
- Can the Federal Reserve ever run out of U.S. Dollars? Defend your answer.
Answer:
What is money?
Money is the good that in a economy serves the three function of money, as simple as that. It can be in the form of paper currency, gold, silver, even tobacco, like in early colonial Virginia, but as long as it fulfills the three functions, it is money.
What are the functions of money?
Medium of exchange, unit of account, and store of value.
What is the Fed’s primary responsibility?
To control the money supply in order to maintain the value of the currency within a stable range, in other words, to control inflation.
What are the four tools of the Fed? How do they work?
Open market operations - the Fed buys and sells government bonds in the open market.
Discount rate - the Fed rises or lowers the rate at which it lends money to commercial banks.
Reserve requirements - the Fed rises or lowers the amount of money that commercial banks must reserve as a percentage of the total amount of money that they hold.
Interest on reserves - the Fed pays interest on excess reserves to commercial banks when it wants to contract the money supply.
Assuming the Federal Reserve wanted to try and stimulate the economy, what would it do? Why?
It would employ expansionary monetary policy: buy more government bonds in order to expand the monetary base, and lower the discount rate and the reserve requirements.
The reason is that a higher money supply makes investment cheaper, because all the interests rates in the economy go down. This in turn stimulates economic growth.
What are the limitations of monetary policy and what variables, according to your Keynesian Cross model in Q3, that drive that/those limitation(s)?
The limitation, according to the Keynesian Cross model, is that money does not directly influence the level of consumption in an economy (which is the most important component of the aggregate demand).
Can the Federal Reserve ever run out of U.S. Dollars?
No, the Fed can, in theory, print an infinite amount of U.S. Dollars, the problem is that doing so would result in hyperinflation, destroying the economy of the United States in such a case.
perfect
2072 Set E. Q.No. 8 Change the sentences below using
either when/ as soon as + past or when/as soon as + past
[5]
a. They saw the house and I immediately fell in love with it
b. I wrote the letter and posted it straight away.
c. The train passed and immediately the crossing barrier
went up.
1 He left the house straight after breakfast.
The television program finished and then T went straight
to bed.
Answer:
As soon as they saw the house, they fell in love with it
At the time of the case (2001-02), the cell phone industry is known for very high customer dissatisfaction. Despite most carriers locking customers in with contracts, the big carriers churn a large percentage of customers each year. Clearly, customers are frustrated and are not loyal to their carrier. What are the sources of this dissatisfaction
Answer:
price levels and price structure
Explanation:
A mobile carrier may be defined as the wireless service provider which supplies the cellular connectivity services to the mobile phone as well as the tablet subscribers. IN other words it is the wireless carrier of the mobile. The cell phone users pay for the usage of the mobile carrier to the mobile company.
But in the 2001-2002, there has been a very high dissatisfaction of the customer of the mobile company. Despite most of the carriers locking their customers with the contracts, the big carriers of mobile operator churn a very large percentage of these customers each year. Most of the carriers tries to hold their customers as "hostages" through the contracts and they feel they are trapped in the plans.
Victoria Perez (18) will be claimed as a dependent on her parents' 2019 tax return. During the year, she earned $1,575 in wages from a part-time job and $100 in interest from her savings account. What is the maximum amount she may contribute to a traditional or Roth IRA for 2019
Answer: $1575
Explanation:
It should be noted that for a traditional or Roth IRA, the maximum contribution is $6000 if the person's age is less than 50 years.
Therefore, with regards to the question, the maximum amount that Victoria may contribute to a traditional or Roth IRA for 2019 will be $1575. The $100 can't be contributed as it's an interest gotten from her savings account.
The answer is $1575.
If you need help while overseas, you could visit:
Answer:
Destitute U.S. citizens in need of help overseas should contact the nearest U.S. embassy or consulate or the U.S. Department of State, Office of Overseas Citizens Services, at (888) 407-4747 (or from overseas +1 202-501-4444), for information about other assistance options and eligibility requirements.
Explanation:
look it up; also how do you get internet overseas to type this question on brainly
Janet bought a share of stock for $47.50 that paid a dividend of $.72 and sold one year later for $51.38. What was her dollar profit or loss and holding period return
Answer:
Dollar profit/loss= $4.6
Holding period of return = 9.68%
Explanation:
Janet bought a share of stock for $47.50
Dividend paid is $0.72
The stock was sold later at $51.38
The first step is to calculate the dollar profit/loss
= stock after a year - cost of stock + dividend paid
= $51.38 - $47.50- $0.72
= $4.6
The holding period return can be calculated as follows
= dollar profit/loss ÷ purchasing price of stock
= 4.6/47.50
= 0.0968×100
= 9.68 %
_____ are designed to deal with differences in currencies and fluctuating currency exchange rates, which can cause additional problems in consolidating financial data.
Answer:
The correct answer is Enterprise resource planning system
Explanation:
Enterprise resource planning system is a system that makes the planning of the company resources. It is mainly used for daily business activities like accounting, operations related to the supply chain, procurement, etc
As per the given question, the system that deal with the fluctuations of the currency exchange rates that created an extra problem so this represents the enterprise resource plannning
Which of the following is true of tangible costs? a. They are difficult to quantify. b. They cannot be calculated in monetary terms. c. Their examples include goodwill and prestige. d. They can be easily measured.
Answer:
d. They can be easily measured.
Explanation:
The tangible cost is the cost i.e. incurred for the tangible things like employees ways, repair expense, purchase of fixed assets, etc
It can be measured and quantified in easily manner
Therefore as per the given options, the last one is correct as it defines the tangible cost and the rest of the options defines the intangible cost
Which of the following is an example of a service or program paid for by
federal income taxes?
A. Local public education
B. Home repairs
C. The United States military
D. Private health insurance
Please help!!!
Answer:
C. The United States military
Explanation:
Federal income taxes refers to the taxes levied on incomes by the federal government. All citizens and corporates must pay taxes on the income earned. Federal income tax is set as a percentage of the gross income.
The collected federal income taxes becomes the revenue for the federal government. The federal government uses taxes in the provision of public goods and services in the entire country. Defense and national security docket is one of the sectors that consume a big percentage of federal revenue.
Answer:
The answer is C
Explanation:
Under a barter system, increasing the number of products available results in a much faster increase in the number of prices. Why? Because barter creates a lot of inflation. Because prices all goods and services must be expressed in terms of each other. Because bartering is hard. Because we need a unit of account.
Answer: Because prices all goods and services must be expressed in terms of each other
Explanation:
Barter system is an exchange system that was used in the olden days before people started using money. It is a system whereby goods and services were exchanged for other goods and services.
Under a barter system, increasing the number of products available results in a much faster increase in the number of prices because prices all goods and services must be expressed in terms of each other.
11. On 31 December 2015 the following balances were extracted from the books of Papa,
a sole trader
$
Electricity expenses
Business rates
Carriage inwards
Carriage outwards
Fixtures and fittings
General expenses
Cash in hand
Insurance expenses
Debtors
Capital
Motor expenses
Motor vehicles
Stock at 15 January 2015
Creditors
Premises
Cash at bank
Purchases
Returns outwards
Sales
Stock at 31st December 2015
Drawings
$
3 200
4 650
12 318
28 663
25 000
20 897
3 000
4322
28 000
289 460
27 690
40 000
45 000
37 600
200 000
24 000
300 897
12 579
450 000
56 346
22 000
Answer:
dont delete this but what is the question i could help if i knew the question
Explanation:
The bank you own has the following balance sheet: Assets Liabilities Reserves $75 million Deposits $500 million Loans $525 million Bank capital $100 million If the bank suffers a deposit outflow of $50 million with a required reserve ratio on deposits of 10%, what actions should you take
Answer:
Explanation:
Calculation of the amount of required reserve as follows:
Required Reserve = Deposit * required reserve ratio
= $500 million * 10%
= $50 million
Therefore, the bank must hold $50 million in required reserve.
It currently has $75 million in reserve so this requirement is met.
If the bank suffers a deposit outflow of $50 million
Assets Liabilities
Reserves - $25 million Deposits - $450 million
Loans - $525 million Bank capital - $100 million
So the required reserve is $450 * 10/100 = $45 million.
But in the reserve account we have only 25 million so we are falling short of $20 million. We need to maintain this required reserve so we can take following actions: 1. By borrowing $20 millions from other bank or financial institutions or corporations. 2. We can sell securities of $20 million. 3. We can borrow some money and can raise some money by issuing securities.
Annette Anderson has a choice of receiving either $5,000 in two years or a discounted sum today. If her opportunity cost is 8% what sum received today would be the equivalent to $5,000 in two years
Answer:
the present value is $4,286.69
Explanation:
The computation of the sum received today is shown below:
As we know that
Present value = Future value ÷ (1+rate of interest)^number of years
= $5,000 ÷ (1 + 0.08)^2
= $5,000 ÷ 1.1664
= $4,286.69
hence, the present value is $4,286.69
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Match the type of problems (1 – 8) associated with performance appraisals to its related term (a – h):
Problems:
1. This type of problem is generated by supervisors who offer a variety of excuses as to why performance appraisals do not work. They do not understand that the purpose of a performance appraisal is not perfection but rather growth and development.
2. This problem arises when the supervisor rates their employee’s actions and performance during the final few months of the rating period.
3. In this type of problem, supervisors allow an employee’s high performance in one area to unduly affect all areas of their overall evaluation.
4. In this type of problem, supervisors allow an employee’s negative performance in one area to unduly affect all areas of their overall evaluation.
5. In this type of problem, supervisors are not really tasked with knowing or detailing what their employees have accomplished during the rating period.
6. In this type of problem, supervisors use a sliding scale to rate their employee. This results in skewed ratings as all employees are generally grouped together.
7. In this type of problem supervisors, tend to rate their employees by using their opinion based on a single experience with that employee.
8. In this type of problem, supervisors may evaluate their employee based on education, race, gender or other factors not necessarily attributed to performance.
Terms:
a. Horn effect
b. Unfair percentage rating
c. Rater bias
d. Inaccurate numerical or forced-choice method
e. Halo effect
f. Rating personality not performance
g. Lack of Faith
h. Late Inning effect
Answer:
One question what subject is this
Explanation:
The matching terms are as follows:
Lack of FaithLate Inning effectHalo effectHorn effectInaccurate numerical or forced-choice methodUnfair percentage ratingRater biasRating personality not performanceWhat is the explanation of all terms in the given question?1. Lack of Faith - This type of problem arises when supervisors have a negative attitude or a lack of faith towards the performance appraisal process. They offer excuses for why performance appraisals do not work and do not understand that the purpose of the process is not to achieve perfection, but rather to promote growth and development.
2. Late Inning effect - This problem occurs when the supervisor only considers an employee’s actions and performance during the final few months of the rating period, ignoring the employee's performance throughout the year.
3. Halo effect - In this type of problem, supervisors allow an employee's high performance in one area to unduly affect all areas of their overall evaluation. For example, if an employee excels in sales but has poor customer service skills, the supervisor may rate the employee highly overall because of their sales success.
4. Horn effect - This type of problem is the opposite of the halo effect. Supervisors allow an employee's negative performance in one area to unduly affect all areas of their overall evaluation. For example, if an employee has poor attendance, the supervisor may rate them poorly overall, even if they perform well in other areas.
5. Inaccurate numerical or forced-choice method - In this type of problem, supervisors are not really tasked with knowing or detailing what their employees have accomplished during the rating period. Instead, they may use a numerical rating system or forced-choice method that does not accurately reflect an employee's performance.
6. Unfair percentage rating - In this type of problem, supervisors use a sliding scale to rate their employee. This results in skewed ratings as all employees are generally grouped together, and it can be challenging to differentiate between levels of performance accurately.
7. Rater bias - In this type of problem, supervisors tend to rate their employees based on their opinion, which may be influenced by their personal biases or a single experience with that employee.
8. Rating personality not performance - In this type of problem, supervisors may evaluate their employees based on factors such as education, race, gender, or other personal characteristics not necessarily attributed to performance. This is unfair and can lead to discrimination.
Learn more about Halo effect here:
https://brainly.com/question/31135803
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Which examples demonstrate common Governance workplaces and employers? Check all that apply.
Melissa works in Washington, D.C., writing and voting on federal laws.
Danette uses a vehicle to deliver US mail to people who live in a city.
Gavin was elected as a city council member in his hometown.
Vito works in a US embassy in China helping Americans with paperwork.
Answer:
a and c
Explanation:
did it on edge 2020
Answer:
A and C! edge 2020!
Explanation:
N Corp has a variable cost per unit of $1.20, and the lease payment on the production facility runs $4,200 per month. N Corp sells the units at $4.60 and has depreciation equal to $225. What is the amount of units that N Corp needs in order to break-even
Answer:
1,301 units.
Explanation:
With regards to the above, we know that break even level is
= ( FC + Depreciation ) / Contribution margin
FC = $4,200
Depreciation = $225
Contribution margin = P - V, where P = $4.60 , V = $1.20
Therefore,
Break even level = ($4,200 + $225) / $4.60 - $1.20
Break even level = $4,425 / $3.40
Break even level = 1,301 units
Hence, the amount of units N corp needs in order to break even is 1,301 units
