Answer:
9.45%
Explanation:
the cost of preferred stock is given by the question.
the formula that we can use to calculate the cost of preferred stock = preferred dividends / market price per preferred stock
remember that preferred dividends are paid with after tax earnings, so they do not reduce taxes
Assume that price level in the ABC Islands, a U.S. trading partner, increases signalling inflation in the economy. Using aggregate demand aggregate supply analysis, explain the impact of the increased price level on the United States economy. If the Federal Reserve wants to repair the effects on the U.S. economy noted above, identify a policy action it might undertake.Explain the impact of the Fed action on each of the following: output price level the international value of the U.S. dollar.
Answer:
The effects of inflation in the U.S. trading partner, will pass through the U.S. economy in the form of exports: since the U.S. imports goods from ABC islands, the higher prices in the ABC islands will make imports from there more expensive, contributing to a small raise in inflation in the overall U.S. economy.
However, exports from ABC Islands are likely to be a small component of U.S. Aggregate demand, so the effect in overall inflation is likely to be small.
Despite this, the fed can step in and raise interest rates by contracting the money supply. This is contractionary monetary policy, and it is used when inflation is rising. It lowers the value of the U.S. dollar in international markets, but it increases output price level.
What are the possible consequences of making a late payment?
Answer:
not being able to do buissnes with that company anymore
Explanation:
The weighted-average cost of capital for a firm with a 65/35 debt/equity split, 8% pre-tax cost of debt, 15% cost of equity, and a 35% tax rate is
Answer:
weighted-average cost of capital is 11.57 %
Explanation:
Weighted Average Cost of Capital (WACC) is the return that is required by providers of long term permanent sources of capital.
WACC = Weight of Equity × Cost of Equity + Weight of Debt × After tax cost of debt.
where,
After tax cost of debt = interest × ( 1 - tax rate)
= 8% × (1 - 0.35)
= 5.20 %
Therefore,
WACC = 0.65 × 15% + 0.35 × 5.20 %
= 11.57 %
Select the correct answer from each drop-down menu.
Jack has to pay
tax to the government for his house. This type of tax is
tax
Reset
Next
Answer:
There are 3 types of taxes you pay. They are proportional taxes, progressional taxes, and the regessive tax.
Explanation:
Hope it helps
You are analyzing the after-tax cost of debt for a firm. You know that the firm’s 12-year maturity, 15.50 percent semiannual coupon bonds are selling at a price of $1,117.25. These bonds are the only debt outstanding for the firm. What is the current YTM of the bonds and after-tax cost of debt for this firm if the bonds are selling at par?
Answer:
Note: The complete question is attached as picture below
Nper = 12*2 = 24
PMT = $77.50 (1000*0.0155*1/2)
Pv = 1.117.25
Fv = 1,000
1. Pretax cost of debt = Rate(nper, pmt, -pv, fv) * 2
Pretax cost of debt = Rate(24, 77.5, -1117.25, 1000) * 2
Pretax cost of debt = 0.0675 * 2
Pretax cost of debt = 0.135
Pretax cost of debt = 13.5%
2. After tax cost of debt = Pretax cost of debt * (1 - tax rate)
After tax cost of debt = 0.1350*(1-0.34)
After tax cost of debt = 0.0891
After tax cost of debt = 8.91%
3. Nper = 12*2 = 24
PMT = $77.50 (1000*0.0155*1/2)
Pv = 1,000
Fv = 1,000
Pretax cost of debt = Rate(nper, pmt, -pv, fv) * 2
Pretax cost of debt = Rate(24, 77.5, -1000, 1000)
Pretax cost of debt = 0.0775 * 2
Pretax cost of debt = 0.1550
Pretax cost of debt = 15.50%
After tax cost of debt = Pretax cost of debt * (1-tax rate)
After tax cost of debt = 0.1550*(1-0.34)
After tax cost of debt = 0.1023
After tax cost of debt = 10.23%
One of the toughest problems in investigating systems requirements is ensuring that they are complete and comprehensive. Imagine that you are a systems analyst. Decide the primary way in which you would ensure that you secure the necessary information during an interview session with a client. Devise a plan for accommodating conflicting responses for the same procedure from two different people you interviewe
Answer:
A) One of the most professional ways of acquiring information from a client during an interview is to approach the exercise in a semi-structured manner.
B) In order to accommodate conflicting responses from the same procedure from two different people, it is important to seek to understand what their interests are.
Explanation:
A) Semi-structured questions allow flexibility. Though the business analyst comes to the table with a set of pre-determined questions, they must be prepared to go outside of that list in order to get to the root of the problem which the clients needs to solve.
Another job of the analyst is to see beyond the immediate needs of the client and communicate to them, based on the information they provided any other problem that needs to be catered to.
Recording all information provided by the respondent is mission-critical.
B) Clarity of interests helps the analyst to determine what approach is best for accomodating both responses.
Cheers
5. Which commandment of computer ethics is violated on doing the following:
a) Hacking b) Software piracy c) Computer Virus
the answer is by hacking
Assume that Bunch Inc. has an issue of 18-year $1,000 par value bonds that pay 7% interest, annually. Further assume that today's expected rate of return on these bonds is 5%. How much would these bonds sell for today
Answer:
$1,244
Explanation:
According to the scenario, the given data are as follows:
Future value (FV) = $1,000
Interest = 7%
So, Payment (PMT) = $1,000 × 7% = $70
Rate of return (rate) = 5%
Time period (Nper) = 18 years
So, by putting the following data in PV formula in excel sheet,
Attachment is attached below.
Present value of Bonds = $1,233.79 or $1,244
what are the points for?? :^)
Answer:
The brainly point allow you to ask questions
what is the quote of a 16 year, 3.2 semiannual coupon bond with 1,000 face value if the yield to maturity is 7.3 g
Answer:
Bond Price = $616.6938765 rounded off to $616.69
Explanation:
To calculate the quote/price of the bond today, we will use the formula for the price of the bond. Assuming the bond is a semi annual bond, the semi coupon payment, number of periods and semi annual YTM will be,
Coupon Payment (C) = 1000 * 0.032 * 6/12 = $16
Total periods (n) = 16 * 2 = 32
r or YTM = 0.073 * 6/12 = 0.0365 or 3.65%
The formula to calculate the price of the bonds today is attached.
Bond Price = 16 * [( 1 - (1+0.0365)^-32) / 0.0365] + 1000 / (1+0.0365)^32
Bond Price = $616.6938765 rounded off to $616.69
Lifesaver Inc., a producer of personal protective equipment, trades on the TSX Venture stock exchange at an EV/EBITDA multiple of 4.0x. From performing a precedent transaction analysis, you note that recent acquisitions of similar companies have transacted at an EV/EBITDA multiple of 6.0x. The following is not a valid potential reason for this discrepancy:
a. Special purchaser considerations, such as synergies, being inherent in the precedent transaction multiples.
b. Multiples implied by precedent transactions are not relevant when considering publicly traded companies.
c. The presence of a control premium within the EV/EBITDA multiple implied by the acquisitions.
d. The presence of an implied minority discount (a discount due to a lack of control in the company when purchasing shares in the open market in the 4.0X EV/EBITDA trading multiple
Answer:
b. Multiples implied by precedent transactions are not relevant when considering publicly traded companies.
Explanation:
The following options are the valid reasons
1. Option c is valid as the lacking of control would generate the valuation that creates the difference compared with the purchase route.
2 Option a is valid as at the time of purchased made, synergies this would become a big factor for incorporation the valuation
3. OPtion d is valid as the control premium would push up the valuation in the previous transactions
But the option b is not valid as the discounted cash flow and the previous transaction would be considered as important for the valuation purpose
4. When analyzing decisions that are made within a firm, economists typically assume that "profit maximization" is the firm’s main goal. However, a number of other goals are also possible. Choose one of the "other" possible goals and compare it to "profit maximization." Under what circumstances might the "other" goal that you described become a major focus for the firm? If you were the CEO of a large firm, what steps might you take to ensure that departments within the firm are working together toward common goals?
Answer: When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization
Explanation:
Companies tend to focus on the non-economic goals such as providing a good place for employees to work, good product and services to the customers and acts as a good citizen in the society. Achieving these goals are costly and doing so might interfere with profit maximization but in long term achieving them is beneficial to the company. When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization
g You have a choice of two investment accounts. Investment A is a 15-year annuity with $1,500 payments at the end of each month and a rate of 6%, compounded monthly. Investment B is a lump-sum investment with an interest rate of 7%, compounded continuously for 15 years. How much money would you need to invest in Investment B today for it to be worth as much as Investment A 15 years from now
Answer:
How much money would you need to invest in Investment B today for it to be worth as much as Investment A 15 years from now
325.266.310,1
Explanation:
n=15*12
n=180
FV=A( 1 + i )^ n -1 / i
FV=1500( 1 + 0,06)^ 180 - 1 / 0,06
FV= 897,395,025.40
PV=FV/(1+I)^ n
=897,395,025.40/ (1+0.07)^ 15
=325.266.310,1
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system product A has been assigned overhead of $2.82 per unit while product B has been assigned $13.58 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information:
Cost Pools Activity Costs Cost Driver Driver Consumption
Machine setup $ 158,000 Setup hours 2,000
Materials handling 112,000 Pounds of materials 16,000
Electric power 25,000 Kilowatt-hours 25,000
The following cost information pertains to the production of A and B, just two of its many products:
A B
Number of units produced 5,000 10,000
Direct materials cost $32,000 $41,000
Direct labor cost $41,000 $38,000
Number of setup hours 100 200
Pounds of materials used 1,000 1,000
Kilowatt-hours 2,000 4,000
Use activity-based costing to determine a unit cost for each product. (Round your final answers to 2 decimal places.)
Answer:
Unitary cost A : $17.98
Unitary cost B : $10.58
Explanation:
First, we need to calculate the predetermined overhead rate for each activity.
The predetermined manufacturing overhead rate = Total estimated overhead costs for the period / Total amount of allocation base
Machine setup
= 158,000/2,000
= $79 per setup hour
Materials handling
= 112,000/16,00
= $7 per pound
Electric power
= 25,000/25,000
= $1 per kilowatt.
Now, we can allocate overhead to each product
Allocated MOH = Estimated manufacturing overhead rate × Actual amount of allocation base
Product A
Machine setup
= $79 × 100
= $7,900
Materials handling
= $7 × 1,000
= $7,000
Electric power
= $1 × 2,000
= $2,000
Total = $16,900
Product B
Machine setup
= $79 × 200
= $15,800
Materials handling
= $7 × 1,000
= $7,000
Electric power
= $1 × 4,000
= $4,000
Total = $26,800
Finally, the total cost and the unitary cost
Product A.
Total cost
= Direct materials + Direct labor + Allocated MOH
= $32,000 + $41,000 + $16,900
= $89,900
Unitary cost
= Total cost/Number of units produced.
= $89,900/5,000
= $17.98
Product B
Total cost
= Direct materials + Direct labor + Total allocated MOH
= $41,000 + $38,000 + $26,800
= $105,800
Unitary cost
= Total cost/Number of units produced
= $105,800/10,000
= $10.58
Which economic indicators most strongly suggest that an economy is
experiencing the expansion phase of the business cycle?
O A. Unemployment rates are rising while GDP is falling.
O B. Both GDP and unemployment rates are falling.
OC. Both GDP and unemployment rates are rising.
O D. Unemployment rates are declining while GDP is rising.
Answer:
D. Unemployment rates are declining while GDP is rising.
Explanation:
A business cycle is the natural increase and decrease in economic activities in a country. It refers to the shifting from an economic boom to a downturn that occurs naturally in the economy. The expansion phase is also the boom in a business cycle.
At expansion, the country experiences an increase in the level of economic activities. There is an increase in demand for products and services. Businesses and households have increased incomes. Due to the increase in demand, businesses employ more people to help increase production. As a result, GDP increases, and unemployment declines.
Answer: D unemployment rates are declining while GPD is rising
One thing in life we cannot control is nature. What would your organization do if there was a natural disaster that destroyed electrical lines and internet servers
Answer:
The classification according to the situation has been described throughout the explanation segment elsewhere here.
Explanation:
People, therefore, have effectively articulated documented plans as well as employee initiatives to significantly reduce chaos throughout the aftermath of a collision. Throughout addition, we have quite a power server which instantaneously starts kicking off somewhere in the event of a power outage, and then at the same moment, people are however outfitted with either a couple of extra machinery which could be utilized in this type of emergency.What are the biggest obstacles faced by a brick and mortar company that wishes to establish an eCommerce website? (Hint: don't just focus on technical issues, consider cultural obstacles, pushback from various constituencies, customer acceptance and satisfaction, etc.)
Answer:
Explanation:
There are many obstacles that such a company may face when pursuing such an endeavor. One of which is establishing the site, knowing how to properly manage and communicate with potential buyers. Another would be language barriers, as an e-commerce site you become available to a much wider audience and not all of which speak the language that you speak. Therefore, figuring out how to properly communicate and help these individual's is key. Another big obstacle would competition, by getting into e-commerce you are also entering a market that is full of already established competitors that will do everything to outperform you.
The interest rate will increase as a result of:
Select one:
a. an open market purchase of bonds by the central bank
b. a reduction in income
c. Increase in tax rate
d. decrease in minimum lending rate
= decrease in minimum lending rate
Answer:
A-an open market purchase of bonds by the central bank
Explanation:
It just makes too much sence to me for it not to be A.
Robin Company has the following balances for the current month: Direct materials used $ 19,000 Direct labor $ 21,750 Sales salaries $ 11,250 Indirect labor $ 1,900 Production manager's salary $ 6,050 Marketing costs $ 8,350 Factory lease $ 4,020 What is Robin's total manufacturing overhead
Answer:
$30,750
Explanation:
Given that;
Direct materials used = 19,000
Direct labor = 21,750
Sales salaries = $11,250
Indirect labor = $1,900
Production manager's salaries = $6,050
Marketing costs = $8,350
Factory lease = $4,020
Total manufacturing overhead = Direct materials + Direct labor
= $19,000 + $21,750
= $30,750
Therefore,
Total manufacturing overhead is $30,750
Some major considerations when deciding on housing are needs and?
Answer:
Budget
Explanation:
on edge2021! hope this helps!~ (*^▽^*)
Some major considerations when deciding on housing are needs and budget.
What is Budget?A budget is a financial plan for a specific period of time, typically a year. The budget covers all phases of operations for a specific period of time in the future. It is a formal expression of top management's predetermined policies, plans, objectives, and goals.
It may also take into account expected sales volumes and revenues, costs and expenditures, resource quantities, and assets, liabilities, and cash flows.
The first step when making a decision about housing is to get useful information on available housing in the areas where you are most interested to buy your new home. Also, while selecting a home, two important things to consider are needs and budget.
Therefore, needs and budget should be taken into consideration while making a decision on buying a house.
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A charitable organization, such as the Red Cross or Salvation Army is classified as a for profit company. True
Answer:
False
Explanation:
Match the different activities to the responsibilities of relevant banks
Answer:
Federal bank:
•provides financial services to the government
•regulates safe and lawful operations
Conducts nation’s monetary policies
Other commercial banks:
•accepts deposits from people
•lends money through to consumers and businesses
Explanation:
I just took the test and got this one right
(Plato/edmentum)
The different activities are matched as per responsibilities :
Federal bank
Gives all financial services to the governmentregulates safe and the lawful operationsMaintains nation’s monetary policiesOther banks :
Accepts the deposits from the people.They lend the money to consumers and businessesWaht is a federla bank ?A federal bank is one that acts as the central bank and is commonly found in the US.
These banks are responsible for conducting activities like giving all financial services to the govt and maintaining the nation's monetary policy. While the other banks are responsible for accepting the deposit from people and lending the money to consumers and businesses.
Find out more information about the banks
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How does the trade benefit the society?
Answer:
Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.
The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:
Sales $ 1,350,000
Selling price per pair of skis $ 450
Variable selling expense per pair of skis $ 46
Variable administrative expense per pair of skis $ 19
Total fixed selling expense $ 140,000
Total fixed administrative expense $ 115,000
Beginning merchandise inventory $ 75,000
Ending merchandise inventory $ 120,000
Merchandise purchases $ 315,000
1. Prepare a traditional income statement for the quarter ended March 31.
2. Prepare a contribution format income statement for the quarter ended March 31.
3. What was the contribution margin per unit?
(1) The traditional format income statement for Alpine House, Inc for the quarter ended March 31 is shown below:ParticularsAmount ($)Sales1,350,000Less: Cost of Goods Sold:Beginning merchandise inventory 75,000 Add: Merchandise purchases 315,000 Goods available for sale390,000Less: Ending merchandise inventory 120,000 Cost of goods sold270,000Gross Profit1,080,000Less:
Operating Expenses:Variable selling expense46* units soldVariable administrative expense19* units soldTotal Variable Expenses65 Fixed Selling Expenses 140,000Fixed Administrative Expenses115,000Total Operating Expenses255,000Net Operating Income 825,000*Calculation of variable expenses:Variable selling expense per unit= $46Variable administrative expense per unit= $19Total variable expense per unit= $65($46 + $19)
(2) The contribution format income statement for the quarter ended March 31 is shown below:ParticularsAmount ($)Sales1,350,000Less: Variable Expenses:Variable selling expense (46*3,000 units)138,000Variable administrative expense (19*3,000 units)57,000
Total Variable Expenses195,000Contribution Margin1,155,000Less: Fixed Expenses: Fixed selling expenses140,000 Fixed administrative expenses115,000Total Fixed Expenses 255,000Net Operating Income900,000*Calculation of units sold: 3,000 units were sold (Sales/ Selling price per pair of skis = 1,350,000/450 = 3,000 units)
(3) The contribution margin per unit is $195. ($450 - $255) = $195.Contribution margin per unit is calculated as follows:Contribution margin per unit = Selling price per unit - Total variable expenses per unitSelling price per unit = $450Variable expenses per unit = $65 ($46 + $19)Contribution margin per unit = $450 - $65 = $385
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The annual net sales for a huge soft drink company were 5.6 billion dollars in 2012 and sales were increasing at a continuous rate of 3.85% per year. Estimate, in billions of dollars, the annual net sales in 2016
Answer: 6.51 billion dollars
Explanation:
From the question, we are informed that the annual net sales for a huge soft drink company were 5.6 billion dollars in 2012 and that sales were increasing at a continuous rate of 3.85% per year.
The annual net sales in 2016 will be:
= 5.6 billion × (1 + 3.85%)^4
= 5.6 billion × (1 + 0.0385)^4
= 5.6 billion × (1.0385)^4
= 5.6 billion × 1.1631
= 6.51 billion dollars
When do things move faster? Day or night?
day
Explanation:
bc its day time and your doing things lol
Answer:
At Night
Explanation:
At night the air becomes denser due too humidity. Humid air is denser than warmer air as in the day.
The Saturn Company records all collections from customers (including 5% sales tax) in the Sales Revenue Account. The account balance for 2025 is $100,000. Saturn's 12/31/25 Sales Tax Payable will be:
Answer:
$5,000
Explanation:
Calculation for what the Sales Tax Payable will be:
Sales Tax Payable=5% sales tax*Account balance $100,000
Sales Tax Payable=$5,000
Therefore the Sales Tax Payable will be: $5,000
Which of these is the best reason for Nina to monitor her bank account statements online or on her cell phone app?
Answer: D:to know how much money she has for budgeting
Explanation:
The options include:
A:to organize when to pay to bills
B:to determine the exact date she can retire
C:to ensure she's paying her fair share in taxes
D:to know how much money she has for budgeting.
The best reason for Nina to monitor her bank account statements online or on her cell phone app is to know how much money she has for budgeting.
Monitoring ones account online will enable one to know the amount that one has in the account and this can ensure that one makes adequate plans on how to spend the money through budgeting.
Answer:
D: To know how much money she has for budgeting
Explanation:
It just it the answer.
Accountants include ________ costs as part of a firm's costs, while economists include ________ costs. Group of answer choices implicit; no implicit explicit and implicit; implicit explicit; no explicit explicit; explicit and implicit
Answer:
Explicit, explicit and implicit
Explanation:
The accounting cost is the cost that generally includes the payment related to the wages, rent, price of the products etc
While on the other hand, the economic cost is the cost that involves both type of cost i.e. explicit and implicit. The implicit cost is generally the opportunity cost
This is the answer but the same is not provided in the given options
You are adding a new client subscription through Quickbooks Online Accountant.
Which billing option would you choose if you wanted Intuit to bill your client?
A) Wholesale billing
B) Direct Billing
C) Direct Discount
D) Wholesale Discount
(if possible please explain why I genuinely cant understand which it is)
Answer :
C
Explanation:
Direct discount is if your billing client directly
Wholesale discount is if your billing the firm directly
The billing option I would choose if I wanted Intuit to bill my client is Direct Discount. Thus option (C) is correct.
What is Direct Discount ?Direct discount refers to a reduction in the price of a product or service that is applied at the time of purchase. It is also known as a straight discount or a fixed discount.
Direct discounts are often used by retailers to attract customers and increase sales. They can also be used to clear out old inventory or to reward loyal customers.
The Direct Discount is the billing option I would choose if I wanted Intuit to bill my client.
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