Answer:
The number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system is explained below in detail.
Explanation:
Federal Reserve acquisitions of federal agency securities and mortgage-backed agreements have decreased mortgage interest valuations, advancing home-buying more affordable. The Federal Reserve emerged new laws for credit cards, contracts, and other financial outputs following the furrow of the financial crisis.
EZCUBE Corp. is 55% financed with long-term bonds and 45% with common equity. The debt securities have a beta of .20. The company’s equity beta is 1.20. What is EZCUBE’s asset beta?
Answer:
Asset Beta is 0.65
Explanation:
The formula for asset beta is given below:
Asset beta=Bd*(D/V)+Be*(E/V)
Bd=debt beta=0.20
D/V=debt value=55%
Be=equity beta=1.20
E/V=equity value=45%
Asset Beta=(0.20*55%)+(1.20*45%)
Asset Beta=0.11 +0.54
Asset Beta=0.65
Endogenous growth theory rejects the assumption of exogenous:_________.a. population growth rates. b. production functions. c. rates of depreciation. d. technological change.
Answer:
d. technological change.
Explanation:
Endogenous growth theory can be defined as a theory which states that the growth of a company is directly related to its internal factors such as number of employees, policies, etc and not external factors.
Endogenous growth theory rejects the assumption of exogenous technological change.
On September 1, ABC Company borrowed $50,000 on a 6%, 9-month note payable to XYZ National Bank. Given no previous adjusting entries have been recorded, ABC's adjusting entry at December 31 would include a:________.
a. debit to Interest Expense of $3,000.
b. debit to Interest Expense of $2,250.
c. debit to Interest Expense of $1,000.
d. debit to Interest Expense of $750.
Answer:
c. debit to Interest Expense of $1,000.
Explanation:
The adjusting entry is as follows:
Interest expense Dr ($50,000 × 6% × 4 months ÷ 12 months) $1,000
To Interest payable $1,000
(Being the interest expense is recorded)
Here interest expense is debited as it increased the expense and credited the interest payable as it also increased the liabilities
Therefore the correct option is c.
According to the IRR decision rule, you accept a project if:_________
a) the IRR is greater than or equal to 1.0.
b) the IRR is greater than or equal to the required return (i.e., cost of capital).
c) None of these are correct.
d) the IRR is less than the required return (i.e., cost of capital).
e) the IRR is greater than or equal to 0%.
Answer:
(d ) .the IRR is less than the required return.
Question 5 of 10
A bank analyzes potential borrowers' debt-to-income ratio in order to find out:
O A. whether they have ever failed to make timely payments on other
loans.
OB. how much money they owe in other debts compared to how much
they earn.
O c. the value of their house and car, which can be used as collateral
for a loan.
O D. the total amount of debt they have accumulated and paid off over
a lifetime.
SUBMIT
The bank analyzes potential borrowers' debt-to-income ratio in order to find out option b. how much money they owe.
What is the debt to income ratio?It is the rato that shows in the percentage form with respect to the gross income to the paying debts.
So at the time when the bank analyzes potential borrower so here the money that owe should be compared with the earning amount.
Hence, the option b is correct.
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You are being actively recruited by a banking institution with a reputation for a weak corporate culture. What aspect of this bank's culture would most STRONGLY impact your decision to accept or reject an offer from this company?A. The company has revered traditions, values, and behavioral norms that mobilize commitment to executing the chosen strategy. B. The company is unreceptive to change, and people who champion new ways of doing things do not last long on the job. C. There is virtually no employee support for the company's strategic vision and strategy. D. The company has a dearth of intellectual capital and shows inattention to building core competencies. E. There is no code of ethics, and the company has little regard for high ethical standards.
Answer: E. There is no code of ethics, and the company has little regard for high ethical standards.
Explanation:
While all the options are good enough to impart one's decision to avoid this company, ethics is simply non-negotiable. This is a banking institution which means that they handle people's money. If they engage in unethical ways and show little regard for high ethical standards, people will be hurt directly.
In order not to be complicit in this, it is best to avoid the company because banking institutions without codes of ethics or adherence to high ethical standards never last long.
Precision Tool requires a 15 percent rate of return and uses straight-line depreciation to a zero book value over the life of its equipment. A Machine it is using has an initial cost of $892,000, annual operating cash flow (OCF) of - $26,300, and a 4-year life. The machine will be replaced at the end of its useful life. What is the EAC of the machine? A- $338,737 B- $355,702 C- $376,907 D- $436,864
Answer:
A -$338,737
Explanation:
initial outlay = -$892,000
cash flows year 1 - 4 = -$26,300
first we must determine the present value of the machine and its associated cash flows
PV = -$892,000 - $26,300/1.15 - $26,300/1.15² - $26,300/1.15³ - $26,300/1.15⁴ = -$967,085.93
equivalent annual cost (EAC) = (NPV x i) / [1 - (1 + i)⁻ⁿ] = (-$967,085.93 x 15%) / [1 - (1 + 15%)⁻⁴] = -$338,736.69 ≈ -$338,737
Hockey Pro budgets production of 4,100 hockey pucks during May. The company assigns variable overhead at the rate of $1.50 per unit. Fixed overhead equals $45,000 per month. Prepare a factory overhead budget for May.
Answer:
Total manufacturing overhead= $51,150
Explanation:
Giving the following information:
Hockey Pro budgets production of 4,100 hockey pucks during May. The company assigns variable overhead at the rate of $1.50 per unit. Fixed overhead equals $45,000 per month.
Manufacturing overhead budget:
Total fixed overhead= 45,000
Total variable overhead= 1.5*4,100= 6,150
Total manufacturing overhead= $51,150
The following labor standards have been established for a particular product:
Standard labor-hours per unit of output 9.0 hours
Standard labor rate $ 15.10 per hour
-
The following data pertain to operations concerning the product for the last month:
Actual hours worked 8,100 hours
Actual total labor cost $ 119,880
Actual output 800 units
What is the labor rate variance for the month?
11160F
2430F
13320U
Answer:
$2,430F
Explanation:
The formulae for labor rate variance is given as (Actual rate - Standard rate) × Actual hours worked.
Labor rate variance = (Actual rate - Standard rate) × Actual hours worked
Given that;
Actual rate = Actual total labor cost ÷ Actual hours worked
= $119,880 ÷ 8,100
= $14.8 per hour
Standard rate = $15.10 per hour
Actual hours worked = 8,100
Labor rate variance = ($14.8 - $15.10) × 8,100
Labor rate variance $2,430F
Alex and Tory are married and filing jointly. Their gross income is
$150,000. How much do they owe in federal taxes?
Answer:
$27,009.00
Explanation:
Please mark brainliest
Amount owe in federal taxes is $9,889
Tax based problem:Given that;
Gross income = $150,000
Married and filing jointly
Find:
Amount owe in federal taxes
Computation:
Taxable Income = Gross Income - Standard Deduction
Taxable Income = $150,000 - $24,800
Taxable Income = $125,200
Tax rate slab between [$80,250 to $171,050] is 22%
So,
Amount owe in federal taxes = 22%[125,200 - 80,250]
Amount owe in federal taxes = $9,889
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WILL MARK THE BRAINIEST!!!
Think about how human resources are handled at the company you work for, or one you have worked for in the past. Must write seven sentences and answer all three questions completely !!!
1. What steps of the human resources cycle does the company handle well? Why?
2. What steps of the human resources cycle are handled poorly? Why?
3. How is culture impacted by the Human Resources department?
Suppose you win a small lottery and you are given the following choice: You can receive (1)an immediate payment of $10,000 or (2)two annual payments,each in the amount of $5,200,with the first payment coming one year from now,and the second payment coming two years from now.You would choose to take the immediate payment of $10,000 if the interest rate is:________.
A) 2 percent,but not if the interest rate is 1 percent.
B) 3 percent,but not if the interest rate is 2 percent.
C) 4 percent,but not if the interest rate is 3 percent.
D) 5 percent,but not if the interest rate is 4 percent.
Answer: B) 3 percent, but not if the interest rate is 2 percent.
Explanation:
Assuming the interest rate is 1%, the present value of the two year payments is;
= (5,200 / ( 1 + 1%)) + (5,200 / ( 1 + 1%)²)
= $10,246.05
Assuming rate is 2%.
= (5,200 / ( 1 + 2%)) + (5,200 / ( 1 + 2%)²)
= $10,096.12
Assuming rate is 3%
= (5,200 / ( 1 + 3%)) + (5,200 / ( 1 + 3%)²)
= $9,950.04
At 3%, the present value of the annual payment is less than the value you could be paid today so you would take the $10,000 instead.
At 2% however, the present value of the annual payments is more than the value you could collect today so you would not take the $10,000.
Studies on a machine that forges cylinder barrels for Volkswagen aftermarket performance engines indicate that when it is forging 103 mm diameter cylinders, the process standard deviation is 0.20 mm. The cylinders have a specification of 103 mm plus 0.75 mm or minus 1.25 mm. What is the minimum process capability index (Cpk)? a. 1.25 b. 1 c. 0.75 d. 0.67 e. 2.08
Answer:
a. 1.25
Explanation:
Calculation for the minimum process capability index (Cpk)
First step is to calculate the USL which is Upper Specification limit
Upper Specification limit=103+0.75
Upper Specification limit= 103.75
Second Step is to calculate the LSL which is Lower Specification limit
Lower Specification limit = 103-1.75
Lower Specification limit= 101.25
Last step is to calculate the minimum process capability index (Cpk) using this formula
Minimum Process capability index= [(M-LSL)/3sd; (USL-M)/3sd]
Where,
Actual Mean = M=103
Standard deviation= sd= 0.2
Hence,
Minimum Process capability index= 1.25
Therefore the minimum process capability index (Cpk) will be 1.25
On January 1, Reynolds Inc. issued four-year bonds with a face value of $100,000. The bonds have a stated interest rate of 5 percent. When the bonds were issued, the market interest rate was 4 percent. The bonds pay interest once per year on December 31. Over the entire life of the bond, how much Interest Expense will Reynolds recognize related to this bond?
Answer:
$16,350
Explanation:
Issuance price = Present value of interest*PVIAF (5%, 4) + Present value of maturity amount PVIF (4%, 4)
Issuance price = $100000*5%*3.630+100000*0.855
Issuance price = $103,650
Premium on bond issue = $103,650 - $100,000
Premium on bond issue = $3,650
Total interest payment = 100000*5%*4
Total interest payment = $20,000
Interest Expense entire life of the bond = Total interest payment-Premium on bond issue
Interest Expense entire life of the bond = $20,000 - $3.650
Interest Expense entire life of the bond = $16,350
: IAS 2 Inventories allows producers of gold and silver to measure inventories of those commodities at selling price, even before they have sold it, which means a profit is recognised at production. In nearly all other industries, however, profit is recognised only when the inventories are sold to outside customers. What concept(s) in the Conceptual Framework might the IASB have looked to with regard to accounting for gold and silver production
Answer:
Not only does IAS 2 norm allow this, also US GAAP allows this. I believe that the reasoning behind that is the following:
Holding precious metals in inventory is actually considered an investment. Precious metals are commodities, and since they can be easily traded around the world, just having them increases a company's wealth. The revenue recognition principle (top of the inverted pyramid) applies here even to any individual that finds gold nuggets by accident in the country side (no need to be a mining business). The fact that you possess gold increases your personal assets and net wealth. The same applies to other precious metals. This happens because gold or other precious metals can be easily converted into cash (extremely liquid), e.g. this same individual can go to a local jewelry or or a pawn shop and sell the gold nuggets he found.
If finding a gold nugget increases an individual's net worth, then imagine what holding a ton of gold does to a company. What makes gold and silver so special is that they are accepted everywhere. Remember that until the early 1970s, the worlds' currencies were based on the price of gold (gold standard). Most central banks in the wold hold gold reserves and they also follow this same logic. Price of gold increases, the wealth of the nation increases.
On January 1, Sheffield Corp. issues $3600000, 5-year, 12% bonds at 94 with interest payable on January 1. What is the carrying value of the bonds at the end of the third interest period?\
Answer:
$3,513,600
Explanation:
The computation fo the carrying value of the bond at the end of third interest period is shown below:
But before that the value of the bond is
= $3,600,000 × 94%
= $3,384,000
Now the difference in amount is
= $3,600,000 - $3,384,000
= $216,000
The interest amount per year would be
= $216,000 ÷ 5 years
= $43,200
For three years it would be
= $43,200 × 3 years
= $129,600
And, finally the carrying value of the bond is
= $3,384,000 + $129,600
= $3,513,600
Economic profit is:_______.
a. always larger than accounting profit.
b. equal to the difference between accounting profit and implicit costs.
c. the sum of accounting profit and implicit costs.
d. equal to the difference between total revenue and implicit costs.
Answer:
b. equal to the difference between accounting profit and implicit costs.
Explanation:
Economic profit is equal to the difference between accounting profit and implicit costs.
Accounting profit = Total Revenue- Explicit Cost
Economic profit = Accounting profit - Implicit cost
Economic profit will be less than or equal to the accounting profit.
You are planning a trip to the United Kingdom and expect that you will spend 2,200 pounds. How much will your spending be in U.S. dollars if the exchange rate is .7269 pounds per dollar?A. $2,579.82.B. $3,892.16.C. $5,597.29.D. $5,890.01.E. $6,044.04.
Answer: $3,026.55
Explanation:
If US$1 is to £0.7269 then that means that the pound is stronger than the dollar because a dollar buys less than a pound in which case £2,200 will be more than $2,200.
It will be;
= 2,200/0.7269
= $3,026.55
Options seem to be for a variant of this question.
What is the value today of receiving $4,500 at the end of each year for the next four years, assuming an interest rate of 12% compounded annually?
Answer: The correct answer should be: a. $118.
References: Solution: A = P(A/P , i, n)
A = 4,500(A/P, 1%, 48) = (4,500)(0.0263) = $118.35
(im sorry if im wrong)
Do you know da way?
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Answer:
that is really good
Explanation:
Continuous innovation products are the most typical forms of innovation we see among new products every year. The primary reason a brand manager would support innovation investment in such products is:_______
a. Wholesalers more likely to stock larger inventory levels
b. Greater profit per unit
c. All are valid options
d. Longer product life cycle
e. Lower investment cost
Answer:
d. Longer product life cycle
Explanation:
Continuous innovation products are the most typical forms of innovation we see among new products every year. The primary reason a brand manager would support innovation investment in such products is Longer product life cycle. In this case of continuous product innovation, the product life cycle is longer in comparison to the existing ones and this is based on the factor that it possess additional factors or attributes that will contribute towards the same.
Consider the restaurant Jack in the Box. As a student, you visit Jack in the Box every week. After graduating college, you (and many other students) started a job paying more than $60,000 per year. Assuming that the number of graduating students is large enough to influence the market, what will happen to the equilibrium price and quantity of Jack in the Box burgers
Answer:
well there is many factors that can effect this. the burgers will go up because that's what you are used to eating and find comfort in. and the other college students will also eat there.
Discuss the FOUR (4) P’s of marketing by Alibaba.
Answer:
product, price, place, promotion
Explanation:
which product do your customers need
the price of the product
the place
the promotion for performance
According to most large company CFOs, SOX has
Answer: increased investor confidence
Explanation: accounting
Suppose that the inflation rate is 2% and the real interest rate is 4%. What is the nominal interest rate?
Answer:
nominal interest rate= 0.07= 7%
Explanation:
Giving the following information:
Inflation rate= 3%
Real interest rate= 4%
To calculate the nominal interest rate, we need to use the following formula:
Real interest rate= nominal interest rate - inflation rate
0.04 = nominal interest rate - 0.03
0.07= nominal interest rate
Given the lack of formal structure, how important do you think Gore’s informal structure becomes?
Answer:
The lack of a formal structure makes Gore's informal structure more important as it creates social bonds among workers, which help to propel productivity in the workplace.
Explanation:
Gore's informal structure encourages the creation of rapport among workers outside the workplace. The social relationships that are developed by the workers enable them to tackle challenges and ensure the smooth running of the organization. Workers' morale is boosted through social relationships. Cohesion is created with social bonding and understanding. This helps the workers to work together to achieve organizational goals without the benefit of any formal structure.
The lack of formal structure makes Gore's informal structure more important for organizational processes, as it narrows social and professional relationships within a company.
Some advantages of the informal structure:
Greater organizational communication.Faster decision making.Increased motivation.Conflict reduction.Increased innovation and creativity.Therefore, the informal structure makes an organization more flexible, where employees feel more motivated to carry out innovative and productive work with the internal environment more focused on employee development.
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Marquis has a gross pay of $816. By how much will his gross pay be reduced if Marquis has the following items withheld?
federal tax of $92
Social Security tax that is 6.2% of his gross pay
Medicare tax that is 1.45% of his gross pay
state tax that is 22% of his federal tax
a.
$82.66
b.
$129.13
c.
$164.01
d.
$174.66
Please select the best answer from the choices provided
Answer:
$174.66 which is d on edge
Explanation:
i studied very hard and i made a 100
The balance in the prepaid rent account before adjustment at the end of the year is $16,212, which represents 6 months' rent paid on December 1. The adjusting entry required on December 31 is to:____.a. debit Rent Expense, $12,000; credit Prepaid Rent $12,000.b. debit Prepaid Rent, $6,000; credit Rent Expense, $6,000.c. debit Rent Expense, $6,000; credit Prepaid Rent, $6,000. d. debit Prepaid Rent, $12,000; credit Rent Expense, $12,000.e. none of these answers are correct.
Answer: e. none of these answers are correct.
Explanation:
Going by the accrual basis in Accounting, expenses should be recorded only when incurred.
Rent expense for the year therefore will be the rent incurred for the year which is for the month of December alone in this question as the rent was paid on December 1.
The rent for December will be deducted from the Prepaid expense account.
Rent per month is;
= 16,212/6
= $2,702 per month
Correct entry will be;
Date Details Debit Credit
Dec. 31 Rent Expense $2,702
Prepaid Rent $2,702
After implementing activity-based costing to estimate customer-level technical support costs, ABC Company found that customer X is unprofitable. What are reasonable ways to deal with this customer? Select ALL correct answers (you might need to select more than one answer). a) charge the customer a higher price per unit (assume that you can charge different customers different prices for the same product or service) b) limit the number of free technical-support calls per customer c) if nothing else works, "fire" the customer d) charge a fee per technical-support call e) trick question -- it is impossible to estimate customer-level profitability
Answer:
b) limit the number of free technical-support calls per customer
d) charge a fee per technical-support call
Explanation:
In the case when a company implements the ABC costing so here it identified the profitable group i.e. the high profitable customer would be 30% and the 40% i.e. less profit is considered as a making customer
And, the left balance would be either less or non-profitable
So as per the given situation, the option B and the option D is correct and the same is to be considered
A company paid $326,000 for property that included land, land improvements, and a building. The land was appraised at $175,000, the land improvements were appraised at $70,000, and the building was appraised at $105,000. What is the allocation of property costs to the three assets purchased and what is the journal entry to record this transaction?a) Land, $150,000. Land Improvements, S60,000; Building, $90,000 b) Land, $163,000; Land Improvements, $65,200; Building, $97,800 c) Land, $150,000; Land Improvements, $61,600; Building, $92,400 d) Land, $159,000; Land Improvements, $65,200; Building, $95,400 e) Land, $175,000; Land Improvements, $70,000; Building, $105,000
Answer: b) Land, $163,000; Land Improvements, $65,200; Building, $97,800
Explanation:
First add up their appraised values;
= 175,000 + 70,000 + 105,000
= $350,000
Allocate costs based on proportion of total appraised value;
Land
= 175,000/350,000 * 326,000
= $163,000
Land Improvements
= 70,000/350,000 * 326,000
= $65,200
Building
= 105,000/350,000 * 326,000
= $97,800
Journal Entry
Details Debit Credit
Land $163,000
Land Improvements $65,200
Building $97,800
Cash $326,000