A UK Company trading on the London Stock Exchange has the following information as of the end of 2020:- Beta Factor of the company: 1.56 Expected Market Return: 12% UK Government Bond Yield: 1.4% The company’s actual Book Value and its forecasted earnings and dividends as well its actual and forecasted number of shares are given below. After 2024, it is expecting a growth of 2% in residual earnings each year. 2020 A 2021 F 2022 F 2023 F 2024 F Earnings (£M) 70 90 150 180 Dividends (£M) 40 35 50 65 Book value (£M) 240 Number of shares 100 120 120 200 200 A=Actual; F=Forecasted a) Calculate the value of the company according to the abnormal earnings model. explain in it detail with all the steps

Answers

Answer 1

Answer:

The abnormal earnings model is a method of analyzing a company's value based on its earnings. It assumes that the company's earnings are not entirely due to its assets and liabilities but also due to other factors such as management expertise, brand value, and other intangible assets. The model calculates the value of a company by adding its book value to the present value of its future residual earnings. Residual earnings are calculated as the difference between the company's actual earnings and its expected earnings based on its book value and expected return on equity.

Here are the steps to calculate the value of the company according to the abnormal earnings model:

1. Calculate the cost of equity using the capital asset pricing model (CAPM). The CAPM formula is:

Cost of Equity = Risk-Free Rate + Beta * (Expected Market Return - Risk-Free Rate)

Using the given values:

Cost of Equity = 1.4% + 1.56 * (12% - 1.4%) = 18.24%

2. Calculate the expected earnings for each year using the formula:

Expected Earnings = Book Value * (Cost of Equity - Expected Return on Equity)

Using the given values:

Expected Earnings for 2021 = £240 million * (18.24% - 12%) = £33.984 million

Expected Earnings for 2022 = £240 million * (18.24% - 12%) = £56.640 million

Expected Earnings for 2023 = £240 million * (18.24% - 12%) = £68.352 million

Expected Earnings for 2024 = (£240 million * (18.24% - 12%)) * 1.02 = £69.7536 million

3. Calculate the residual earnings for each year using the formula:

Residual Earnings = Actual Earnings - Expected Earnings

Using the given values:

Residual Earnings for 2020 = £70 million - (£240 million * 12%) = £38 million

Residual Earnings for 2021 = £90 million - £33.984 million = £56.016 million

Residual Earnings for 2022 = £150 million - £56.640 million = £93.36 million

Residual Earnings for 2023 = £180 million - £68.352 million = £111.648 million

Residual Earnings for 2024 = £69.7536 million

4. Calculate the present value of residual earnings using the formula:

Present Value of Residual Earnings = Residual Earnings / (Cost of Equity - Expected Growth Rate)

Using the given values:

Present Value of Residual Earnings for 2021 = £56.016 million / (18.24% - 2%) = £364.8 million

Present Value of Residual Earnings for 2022 = £93.36 million / (18.24% - 2%)^2 = £508.8 million

Present Value of Residual Earnings for 2023 = £111.648 million / (18.24% - 2%)^3 = £609.6 million

Present Value of Residual Earnings for 2024 = £69.7536 million / (18.24% - 2%)^4=£318m

5. Calculate the total value of the company by adding its book value to the present value of residual earnings.

Total Value of Company= Book Value + Present Value of Residual Earnings

Using the given values:

Total Value of Company=£240m+£364m £508m+£609m+£318m=£2039m

Therefore, according to this model, the value of this UK Company trading on London Stock Exchange is approximately **£2039m**.


Related Questions

how financial factor such as salary , cost of living, and potential for advancement can impact career choices?

Answers

A higher salary can be a strong motivator for individuals to choose a particular career or job, as it can provide financial security and stability.

The cost of living in a particular area can also influence career choices, as individuals may be more likely to pursue jobs in areas with lower living expenses. The potential for advancement can also be a deciding factor, as it can offer opportunities for career growth, skill development, and increased earning potential over time.

These financial factors can impact career choices in various ways. For example, individuals may prioritize a higher salary over job satisfaction or work-life balance, while others may prioritize a lower cost of living in a specific area over a higher salary in a different location. Similarly, some individuals may prioritize career advancement opportunities over immediate salary or financial benefits.

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The VP - HR manager of ‘Gyan Tutors Ltd’, an online language-teaching website,
decides to launch a new job analysis system for its employees, across all branches. As a
part of his team, you are in-charge of handling the implementation of this new program.
Discuss the scope for job analysis in this organisation. Give some examples, in the
given context.

Answers

We find and provide precise job information through job analysis. The process of determining the organization's scope for progress and expansion is a must.

What method is employed to gather information for job analyses?

The two most effective ways to collect information for a job analysis are direct observation of the most qualified incumbent(s) and questionnaires or interviews with them.

We use job analysis to discover and deliver exact job information. It is essential to determine the organization's potential for growth and expansion. We must choose the understanding, capabilities, talents, and responsibilities of the project owner in order to complete the specific work efficiently. We must obtain comprehensive information about the position in order to evaluate the job owner's performance in light of his profession.

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Select all te correct answers
What are the advantages a market economy offers producers?
minimal government intervention
property rights
monopoly of bigger companies
free advertising for small businesses
free labor

Answers

Answer: Minimal government intervention AND Property rights

Explanation:

10 pts
If an increase in price from $5 to $6 causes quantity to fall from 500 to 470, calculate the price elasticity of
demand. Note that economists express the price elasticity of demand as a positive number.

Answers

Answer:

The price elasticity of demand is calculated as the percentage change in quantity demanded divided by the percentage change in price.

Using the formula, we can calculate the price elasticity of demand as follows:

Price elasticity of demand = ((Q2 - Q1) / ((Q1 + Q2) / 2)) / ((P2 - P1) / ((P1 + P2) / 2))

Where:

Q1 = 500

Q2 = 470

P1 = 5

P2 = 6

Price elasticity of demand = ((470 - 500) / ((500 + 470) / 2)) / ((6 - 5) / ((5 + 6) / 2))

Price elasticity of demand = (-30 / 485) / (1 / 5.5)

Price elasticity of demand = -0.3144

Since economists express the price elasticity of demand as a positive number, we can take the absolute value of the result to get the price elasticity of demand as 0.3144.

If the odds in favor of Chris winning the election are 7​:6​, then what is the probability that
​a) Chris wins.
​b) Chris does not win.

Answers

Answer:

The odds in favor of an event are defined as the ratio of the probability that the event will happen to the probability that it will not happen. In this case, the odds in favor of Chris winning the election are given as 7:6. This means that for every 7 times Chris wins, he does not win 6 times.

To find the probability that Chris wins (a), we can use this information to set up a proportion: `7/(7+6) = 7/13`. So, the probability that Chris wins is **7/13**.

To find the probability that Chris does not win (b), we can subtract the probability that he wins from 1: `1 - (7/13) = 6/13`. So, the probability that Chris does not win is **6/13**.

how to gain competitive advantage​

Answers

Answer:

I know ur answer.

Explanation:

1. become the low-cost supplier

2. develop differentiated, innovative products and services

3. target a niche: geography, industry, product/service

4. employ differentiated business methods and approaches.

Answer:

Gaining a competitive advantage can be challenging, but there are several strategies businesses can adopt to achieve this goal. Here are some recommendations to improve your business's competitiveness:

1. Differentiation: One way to gain a competitive advantage is to differentiate your product or service from those of competitors. You can stand out by focusing on a unique feature or benefit that none of your competitors offer.

2. Cost Leadership: Another approach is to lower your costs and offer lower prices than your competitors. This helps attract price-sensitive consumers who value cost savings while still making a profit.

3. Innovation: Building new and innovative products or services can help you stand out in the market, attract customers who like new trends, and establish a competitive advantage in the industry.

4. Quality products and services: Offering high-quality products or services can increase customer satisfaction and loyalty that can set a business apart from competitors.

5. Customer focus: Focusing on customer satisfaction by regularly evaluating customer needs and concerns, improving service or product quality, and striving to exceed customer expectations can create a competitive advantage for your business.

In summary, businesses can gain competitive advantage by offering unique features or benefits, lowering cost, innovating, providing high-quality goods and services, and focusing on outstanding customer service.

On July 31, 2022, Blossom Company had a cash balance per books of $6,350.00. The statement from Dakota State Bank on that date showed a balance of $7,900.80. A comparison of the bank statement with the Cash account revealed the following facts. 1. 2. 3. 4. 5. 6. The bank service charge for July was $17.00. The bank collected $1,625.00 from a customer for Blossom Company through electronic funds transfer. The July 31 receipts of $1,306.30 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31. Company check No. 2480 issued to L. Taylor, a creditor, for $364.00 that cleared the bank in July was incorrectly entered in the cash payments journal on July 10 for $346.00. Checks outstanding on July 31 totaled $1,947.10. On July 31, the bank statement showed an NSF charge of $680.00 for a check received by the company from W. Krueger, a customer, on account.​

Answers

Answer: The preparation of bank reconciliation is shown below! :D

(btw if this helped you, could you give me brainliest? :D)

Explanation:

                                Blossom Company

                        Bank Reconciliation Statement

                                        July 31

bank statement balance        $7,845.80

Add:  

Deposits Outstanding: $1,349.30  

Total of Additions:          $1,349.30

Deduction:  

Outstanding checks: $1,988.10  

Total Deductions:   $1,988.10

Adjusted bank balance:  $7,207.00

Balance in books:  $6,295.00

Additions  

Collection of EFT: $1,675.00  

Total Additions : $1,675.00

Deductions:  

Incorrect recording

of check Number 2480   $9.00

($354 - $345)

Bank Service charges: $24.00  

NSF Check: $730.00  

Total Deductions:  $763.00

Book balance adjusted: $7,207.00

What are the 3 main duties of security guard?

Answers

• Monitor property entrance.

• Report any suspicious behaviors and happenings.

• Inspect and patrol premises regularly.

Mark brainliest, if correct

On January 1, the partners' interest in capital, profits, and losses of Studio Partnership were:
Partners -- Percentages
Ross ----------15%
Stone ---------35%
Taylor ---------50%
On April 9, Stone sold his entire interest to Taylor. For tax purposes, which of the following statements is correct regarding Studio's status as a partnership?
A.Studio terminated as of January 1.
B.Studio terminated as of April 9.
C.Studio terminated as of December 31.
D.Studio did not terminate.

Answers

Stone sold his entire interest to Taylor on April 9. Therefore, the answer to the question is D. Studio did not terminate.

According to the given information, Ross has a 15% interest in capital, profits, and losses of Studio Partnership; Stone has 35%, and Taylor has 50% interest. Stone sold his entire interest to Taylor on April 9.

What is a partnership?

A partnership is a type of company where two or more individuals jointly own and operate the business. The individuals who own a partnership are known as partners. Partnerships come in various forms, but they all include two or more people who share in the company's ownership and profits. In a partnership, each partner has a specific percentage of interest in the business. This percentage represents the partner's financial stake in the company. Partnerships' tax obligations are calculated based on each partner's percentage of interest in the business.

For tax purposes, partnerships must file an annual tax return that reports the company's profits and losses. The partnership itself does not pay any income tax on these profits. Instead, each partner pays tax on their share of the company's profits.

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Explain any five unique characteristics of the hospitality and tourism organizations and how they affect strategic management practice in these organizations​

Answers

Unique characteristics of the hospitality and tourism industry, such as seasonality, perishability, intangibility, customer involvement, and interdependence, have significant implications.

What are Unique Characteristics of Hospitality and Tourism Organizations?

1. Seasonality: The hospitality and tourism industry is highly seasonal, with peak demand periods and off-season periods. This characteristic affects strategic management practices in terms of staffing, inventory management, and marketing strategies.

2. Perishability: Hospitality and tourism services are perishable, meaning they cannot be stored for future use. This characteristic affects strategic management practices in terms of pricing, revenue management, and forecasting demand.

2. Intangibility: Hospitality and tourism services are intangible, meaning they cannot be touched or felt like a physical product. This characteristic affects strategic management practices in terms of marketing, branding, and customer experience.

4. Customer involvement: The industry is highly dependent on customer involvement, as customers are actively involved in the service experience. This characteristic affects strategic management practices in terms of customer service, employee training, and service design.

5. Interdependence: The hospitality and tourism industry is interdependent, meaning that different sectors of the industry rely on each other to provide a complete service experience. This affects strategic management practices in terms of collaboration, partnerships, and supply chain management.

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In addition to a balance sheet, you want to create a profit-and-loss (P&L) statement for the first three months. Typically these statements are for a year-long period, but because your business is new, you want more frequent results. Use the information below to create your P&L statement.

Sales Revenue: $3,546
Cost of Sales (Wages and Supplies): $7,400
Gross Profit: Difference between Sales Revenue and Cost of Sales
Expenses:
Rent: $2,100
Renovations: $30,000
Utilities: $228
Equipment: $15,000

Answers

Answer:

Net Loss: Gross Profit - Total Expenses = -$3,854 - $47,328 = -$51,182

This means that for the first three months of operation, the business had a net loss of $51,182.

Explanation:

Here's a profit-and-loss (P&L) statement based on the provided information for the first three months of operation:

Sales Revenue: $3,546

Cost of Sales (Wages and Supplies): $7,400

Gross Profit: $3,546 - $7,400 = -$3,854 (negative number indicates a loss)

Expenses:

Rent: $2,100

Renovations: $30,000

Utilities: $228

Equipment: $15,000

Total Expenses: $47,328

Net Loss: Gross Profit - Total Expenses = -$3,854 - $47,328 = -$51,182

This P&L statement shows that for the first three months of operation, the business had a net loss of $51,182. This is largely due to the high costs associated with renovations and equipment, which were necessary to start the business but did not generate immediate revenue. The negative gross profit is an indication that the cost of sales (wages and supplies) exceeded the revenue generated from sales during this period. The business will need to generate more revenue and/or reduce expenses in order to achieve profitability in the future.

Find the slope of linear demand curve for pen when consumer purchase 100 at rs.10 per pen and 50 at rs.15 per pen

Answers

The slope of the linear demand curve for pens is -10. This means that for every Rs. 1 increase in price, the quantity demanded will decrease by 10 pens.

How to Calculate the Slope of Linear Demand Curve?

To find the slope of a linear demand curve, we need to use the formula:

slope = (change in quantity demanded) / (change in price)

In this case, we have two points on the demand curve:

Point 1: 100 pens at Rs. 10 per pen

Point 2: 50 pens at Rs. 15 per pen

Using these two points, we can calculate the change in quantity demanded and the change in price:

Change in quantity demanded = 100 - 50 = 50 pens

Change in price = Rs. 10 - Rs. 15 = - Rs. 5

Note that the change in price is negative because as the price increases, the quantity demanded decreases.

Now we can calculate the slope:

slope = (change in quantity demanded) / (change in price)

= 50 / (-5)

= -10

Therefore, the slope of the linear demand curve for pens is -10.

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A.) June 30 Purchased a patent for $45,000 from a third-party marketing company related to the packaging of the company’s products. The patent has a 20-year useful life, after which it is expected to have no value.
B.) Amortization of the patent purchased on June 30, 2021, using the straight-line method

Answers

(Cost of Patent - Residual Value) / Useful Life = Annual Amortization Cost where: $45,000 is the cost of a patent (the cost to acquire the patent)

Amortization of the patent purchased on June 30, 2021, using the straight-line method.

Remaining Value = 0 (the expected value of the patent at the end of its useful life)

20 years is the useful life (the estimated useful life of the patent). The formula yields the following annual amortisation cost for the patent: Annual Amortization Cost: $2,250 annually ($45,000 - $0) / 20. Therefore, using the straight-line method, the business must record an annual amortisation expense of $2,250 for the patent it bought on June 30, 2021. June 30 acquired a patent for the packaging of the business's products from a third-party marketing firm for $45,000. The patent is expected to lose all value after 20 years of practical use. B.) Straight-line-based amortisation of the patent acquired on June 30, 2021.

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Suppose a 95% confidence level for u has been constructed. If it is decided to take a larger sample and to decrease the confidence level of the interval, then what is the resulting interval width?

Answers

Answer:

be narrower than the current interval width

Explanation:

Most central bankers would agree with which of the following regarding monetary policy? A. the benefits outweigh the costs B. the costs outweigh the benefits C. the benefits are equal to the costs​

Answers

Most central bankers would agree that option A, the benefits outweigh the costs, regarding monetary policy.

What would Most central bankers would agree with?

Central bankers generally believe that monetary policy can be an effective tool for achieving these goals, and that the benefits of monetary policy (such as economic stability and growth) outweigh the costs (such as inflationary pressures or unintended consequences).

However, the exact balance of benefits and costs can vary depending on the specific circumstances of the economy and the policies being implemented.

Therefore the correct option is A.

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what answers applies to "fine print"

Answers

Most significant information is typically found in the fine print.

Why is reading the fine print on a credit card application important?

Credit card consumers have consumer safeguards according to the Credit Card Accountability, Responsibility and Disclosure Act of 2009. To understand your rights, fines, transaction costs, and to prevent unpleasant surprises, it's crucial to carefully read your agreement, especially the tiny print.

The phrase "fine print" refers to contract terms and conditions, disclosures, or other significant information that is included in footnotes or a supplemental document and is not presented in the main body of the document.

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Which of the following best explains why location pooling, lead-time pooling, and delayed differentiation all can reduce the amount of inventory in the supply chain?
A. All three strategies reduce the in-stock probability.
B. All three strategies make customers wait longer to receive their product.
C. All three strategies reduce the total lead time from the supply source (e.g., a factory) to the end consumer.
D. All three strategies reduce the variability of demand within the supply chain.

Answers

The correct option is (D) All three strategies reduce the variability of demand within the supply chain.

Location pooling, lead-time pooling, and delayed differentiation are supply chain strategies that help to reduce the amount of inventory in the supply chain.

Location pooling involves aggregating demand across multiple locations and fulfilling that demand from a central location, which reduces the overall inventory levels required at each location.

Lead-time pooling involves aggregating demand across multiple periods and fulfilling that demand with a single production run, which reduces the total production and inventory costs.

Delayed differentiation involves delaying the final configuration of a product until customer orders are received, which reduces the amount of finished goods inventory required.

All three strategies reduce the variability of demand within the supply chain, which results in more accurate demand forecasts and reduces the need for safety stock inventory. By reducing inventory levels, supply chain costs are lowered, and the supply chain becomes more efficient.

Therefore, option (D) is the correct option that best explains why location pooling, lead-time pooling, and delayed differentiation can all reduce the amount of inventory in the supply chain.

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I NEED HELP PLEASE PLEASE I BEG
The article claims "Import taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally, drawing criticism from companies such as Tesla Inc (TSLA.O)Links to an external site., which shelved entry plansLinks to an external site. because of the high tariffs." Why is it that the Indian government has allowed so far 60% - 100% tariffs on imported cars? Your answer needs to be found in the article OR in the chapter that you learnt (3). NOT in Internet desktop research! (50-75 words, 5 pts).
Why are Maruti Suzuki, Tata Motors and Mahindra resisting this change? Again, use the article and what you have learnt in class. NO desktop research. (50 words max, 4 pts).
All else equal, would the WTO - a priori - be pleased about this potential development? Meaning a possible reduction of Import Taxes or Tariffs. If yes why? If no why? (50 words max, use your arguments based on the textbook material AND/OR Internet research here!, 3 pts)
Say you're a resident of India, and you were planning to buy a Range Rover made in the UK. All else equal, and given this article, and given you have the money available to buy the car - would you, a priori, buy the car or postpone your purchase? If yes why? If no why? (50 words max, 3 pts)
PLEASE I NEED HLEP

Answers

The Indian government has allowed such high tariffs on imported cars in order to protect domestic car manufacturers such as Maruti Suzuki, Tata Motors and Mahindra, who would otherwise face competition from foreign companies and face a possible decrease in their market share.

What is domestic?

Domestic refers to activities or relationships that occur within a country or nation, such as domestic policy, domestic trade, domestic travel, and domestic affairs. Domestic activities are usually distinguished from international activities, as those that occur between two or more countries. Domestic activities are generally related to the internal affairs of a country and its citizens, including political, social, and economic issues.

Maruti Suzuki, Tata Motors and Mahindra are resisting the potential change because they are concerned that they would be unable to compete against foreign companies, who would be able to offer cheaper cars due to the lower tariff rates.
The WTO would not be pleased with this potential development because it is against their objective of free trade and would create an uneven playing field between domestic and foreign companies.
If I were a resident of India and planning to buy a Range Rover made in the UK, I would postpone my purchase because the high tariff rates would make the car much more expensive than it would normally be. This would mean that I would have to pay significantly more for the same car than if I had bought it from a domestic manufacturer.

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12% per annum with quarterly compounding is equal to what rate per annum with continuous compounding?
A) 11.33%
B) 11.82%
C) 12.14%
D) 12.39%
E) 12.55%

Answers

The answer that is equal to the rate per annum with continuous compounding is E) 12.55%.

How to solve

We can use the formula for continuous compounding to solve this problem:

A = P*e^(rt)

where A is the final amount, P is the principal (initial amount), e is the mathematical constant approximately equal to 2.71828, r is the annual interest rate, and t is the time in years.

Let's first calculate the quarterly interest rate:

r_quarterly = 12% / 4 = 0.03

We can then use the formula for quarterly compounding to find the equivalent annual rate with quarterly compounding:

A = P*(1 + r_quarterly)^4

1 + r_quarterly = (A/P)^(1/4)

r_quarterly = (A/P)^(1/4) - 1

Substituting the given values, we get:

1 + 0.03 = (1 + r_annual/4)^4

r_annual/4 = (1 + 0.03)^(1/4) - 1

r_annual = 4 * [(1 + 0.03)^(1/4) - 1] = 12.556%

Therefore, the answer is E) 12.55%.

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Before a meeting, the secretary is expected to​

Answers

Answer:

Before a meeting, the secretary is expected to prepare the agenda and distribute it to all attendees.

Explanation:

Preparing the agenda involves listing the topics to be discussed, determining the order in which they will be addressed, and estimating the time needed for each item. This allows attendees to come to the meeting with a clear understanding of what will be discussed and how much time will be allotted for each topic. Distributing the agenda ahead of time also gives attendees the opportunity to prepare any materials or information they may need for the meeting.

In addition to preparing the agenda, the secretary may also be responsible for reserving the meeting room, arranging for any necessary equipment such as projectors or teleconference systems, taking notes during the meeting, and distributing meeting minutes afterwards. The secretary plays a vital role in ensuring that the meeting runs smoothly and that all attendees are well-prepared and informed.

Summer Company sells all its outout at 25 percent above cost . Parade Corporation purchases all its inventory from Summer Selected information on the operations of the companies over the past three years is as follows: Yea 20x2 20x3 20X4 Summer Company sales ta Parade Core Neun 32eeeae $18aea 12580 gabea 225) 000 16a see Parade Corporation Inventory Dec. 31 Operating Income ieee $150,00 185 de 24e, eee 120 see, een Parade acquired 60 percent of the ownership of Summer on January 1, 20X1. at underlying book value Required: Compute consolidated net income and come assigned to the controlling interest for 20x2 20x3 and 20X4 20x2 20X3 20X4 Consolidated nercome Income assigned to controlling

Answers

According to the inventory, the consolidated net income and come assigned to the controlling interest for 20x2 20x3 and 20X4 are $121,500, $109,500, and $192,000

For 20x2, we can calculate the consolidated net income as follows:

Summer Company's net income: $150,000 x 1.25 = $187,500

Parade Corporation's net income: $150,000 - $125,000 = $25,000

Consolidated net income: ($187,500 x 60%) + ($25,000 x 40%) = $121,500

Income assigned to controlling interest: $121,500 x 60% = $72,900

For 20x3, we can calculate the consolidated net income as follows:

Summer Company's net income: $185,000 x 1.25 = $231,250

Parade Corporation's net income: $185,000 - $225,000 = -$40,000 (a loss)

Consolidated net income: ($231,250 x 60%) + (-$40,000 x 40%) = $109,500

Income assigned to controlling interest: $109,500 x 60% = $65,700

For 20x4, we can calculate the consolidated net income as follows:

Summer Company's net income: $240,000 x 1.25 = $300,000

Parade Corporation's net income: $240,000 - $160,000 = $80,000

Consolidated net income: ($300,000 x 60%) + ($80,000 x 40%) = $192,000

Income assigned to controlling interest: $192,000 x 60% = $115,200

In summary, Parade Corporation's inventory is directly related to Summer Company's sales, as Parade Corporation purchases all its inventory from Summer.

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1. Being on a budget means: a. You pay bills every month at the due date b. You made a plan of your expenses to be less than or equal to your income c. You are earning enough money to be able to live well d. Your bills are generally paid by every due date

Answers

The correct answer is (b) You made a plan of your expenses to be less than or equal to your income. The budget of a division, business, or corporation is a financial forecast for the near-term future of various departments.

What is Budget?

A budget is a strategy, usually monetary in nature, for making calculations over a period of time (usually a year or a month).

A budget may include projected sales and revenue, resource quantities such as time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities, and cash flows.

Budgets are used by businesses, governments, families, and other groups to define strategic plans for their activities in quantifiable terms.

Explicit budgets provide suggestions for allocating resources to cover planned expenses.

Budgets may include surpluses that reserve resources for future use, or deficits that arise when spending exceeds revenues or other available resources.

The Office of Management and Budget prepares the Federal Budget and submits it to Congress for review. There are significant changes made by Congress.

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Jessie owns a company that makes specialized dog products. Right now, Jessie's
company has a dog brush product line and a dog shampoo product line. His company
produces and sells four different dog brushes and five different dog shampoos. What
is the product width and the product length of Jessie's company?

width: 9, length: 2
width: 5, length: 4
width: 2, length: 9
width: 2, length: 19

Answers

The item width and length for Jessie's business are 2 and 9, respectively.

What else do you mean by the product length and width?

Length represents the overall amount of products the company offers, while width represents the variety of product lines.

The number of product lines that the company carries is referred to as the width of a product offerings. a line. The total amount of components in the product mix is referred to as the duration of the product mix. A total number of goods in a company's product mix is referred to as length. Think of a car manufacturer with two automobile product lines as an illustration (3-series and 5-series). There are three different car kinds for each product line series. The company's product length in this instance would be six.

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What ethical dilemmas does your topic raise?

Topic- Eliminating harassment in the workplace

Answers

Answer:Eliminating harassment in the workplace raises several ethical dilemmas, including:Privacy: Employers must balance their obligation to protect employees from harassment with the employees' right to privacy. For example, implementing surveillance systems or monitoring employee communications to prevent harassment may be viewed as an invasion of privacy.Due process: Employers must ensure that any allegations of harassment are thoroughly investigated and that the accused is given due process. This includes providing the accused with the opportunity to defend themselves against any accusations made against them.Confidentiality: Employers must ensure that any complaints or allegations of harassment are kept confidential to protect the privacy of the accuser and the accused. However, there may be instances where the employer is legally required to report the harassment, which can raise questions about confidentiality.Retaliation: Employers must ensure that employees who report harassment are protected from retaliation. This includes protecting employees from being fired, demoted, or otherwise retaliated against for making a complaint.Equality: Employers must ensure that their efforts to eliminate harassment do not discriminate against any group of employees. For example, implementing policies that disproportionately affect certain groups, such as women or minorities, may be viewed as discriminatory.Overall, eliminating harassment in the workplace

Explanation:requires a delicate balance between protecting employees from harassment while also upholding their rights and freedoms. Employers must carefully navigate these ethical dilemmas to create a safe and fair workplace for all employees.

Prompt
Discuss the differences between a wage, a salary and a commission.

Answers

Wages are based on the amount of time spent working and the amount of work performed during that time. Salary is more akin to a set sum. The major distinction between salaries and wages is this.

Explain the differences between a wage, a salary, and a commission.

A wage is given after a certain number of hours or after the task has been done. Because a salary is frequently paid monthly regardless of how much labor you put in, it is comparable to a fixed income. You receive the whole amount up front when you complete the work for a commission. This is the method through which creative individuals, such as musicians and painters, profit from their work.

What does it imply to talk about earnings and salary?

While wages are remuneration for labor services often provided and expressed in hourly rates, salaries are analogous payments that are declared in weekly, monthly, or annual rates. The regular payment made to a worker or employee in return for their effort during the manufacturing process is known as a "wage" (or "pay").

What is the purpose of a business commission?

Depending on the sales they produce, employees may get commission, often known as sales commission. The generation of invoices is free with SumUp Invoices. Often, a commission is calculated as a percentage of the sale's price.

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registration of a firm is compulsory under partinarship act true or false​

Answers

The statement Registration of a firm is compulsory under partnership act is false.

What is registration of a firm?

Registration of a firm is not compulsory under the Partnership Act, 1932. However, it is recommended that the partnership firm should be registered to avail various benefits and protections provided under the Act.

Registration also provides legal recognition to the partnership firm as a separate legal entity.

Therefore we can conclude that the statement is false.

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---------------------- skills are highly sought by employers.
a)Strong verbal and written communication
b)Superior motivational directives and placement

Answers

a) Strong verbal and written communication skills are highly sought by employers.

Explanation:

Effective communication is a crucial skill in the workplace, as it enables individuals to express their ideas clearly, convey information accurately, and work collaboratively with others. Strong verbal communication skills involve being able to articulate ideas and opinions clearly and confidently, listen actively to others, and respond appropriately to different audiences and situations. Strong written communication skills involve being able to write clearly, concisely, and persuasively, as well as being able to adapt writing style to different audiences and purposes. These skills are essential in a wide range of industries and are highly valued by employers.

Strong verbal and written communication skills are highly sought by employers. Therefore, option a is correct.

Communication skills refer to the ability to convey information, ideas, thoughts, and feelings effectively and efficiently to others. It encompasses both verbal and written communication, including speaking, listening, writing, and reading comprehension.

Strong communication skills are highly valued by employers as they facilitate clear and concise exchange of information, promote collaboration, and enhance overall workplace productivity.

Effective communication involves active listening, expressing ideas articulately, adapting communication style to different audiences, and being attentive to non-verbal cues.

It also encompasses skills such as persuasion, negotiation, and conflict resolution. Good communication skills contribute to successful teamwork, customer relations, leadership, and overall professional success.

Therefore, option a is correct.

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Hi, please see attached screenshot thank you very much

Answers

Using the same format as the income statements provided, the contribution margin income statement for next year with expected sales of 30,000 units for each product would be:

Carvings

Mementos

Sales Variable costs

$ 1,200,000

960,000

$1,200,000

150,000

Contribution margin

840,000

1,050,000

Fixed costs

Income

125,000

$765,000

$925,000

How to explain the contribution margin

It should be noted tha the total sales revenue for each product decreases from $2,000,000 to $1,200,000 due to the decrease in sales volume. However, the unit selling price remains the same, so the variable cost per unit remains unchanged. As a result, the total variable costs for each product also decrease in proportion to the decrease in sales volume.

The contribution margin for Carvings decreases from $1,750,000 to $840,000, while the contribution margin for Mementos increases from $1,475,000 to $1,050,000. This is because Mementos have a higher contribution margin per unit, so a smaller decrease in sales volume has a smaller impact on the total contribution margin.

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Gives at least 5 examples of eco friendly products that will attract customers

Answers

Reusable water bottles, cloth shopping bags, bamboo utensils, solar phone chargers, and biodegradable cleaning supplies are a few examples of eco-friendly items that might draw clients.

Which goods fit the eco-friendly category?

A few eco-friendly suggestions are waterless laundry detergent strips, bamboo picnicware, reusable paper towel replacements, silicone or stainless steel straws, countertop composters, and repurposed furniture.

Why do people use eco-friendly products?

It may significantly lower the amount of garbage produced while promoting waste item recycling and reuse. As a result, the world won't one day turn into a giant junkyard. To put it briefly, using eco-friendly items will protect the environment and all of its inhabitants from the negative impacts of human activity.

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(b). Describe any three (3) kinds of systems that support the decision makers and the types of
decisions they make. (10 Marks)

Answers

The transactional support system, the management information system, and the decision support system are the three main categories of decision-making systems.

First, the transactional support system-

It includes all the data that is relevant to a particular business process or unit of work, and its main function is to facilitate the execution of routine operational or structured choices. Whether clients buy stocks, book a flight, or withdraw cash from an ATM, they are submitting transactional information.

Second, Management Information system-

All organizational information falls under the category of management information, and its main function is to facilitate management analysis or semi-structured decision-making.Problems, market trends, sales, product data, and future growth projections are all identified and explained using analytical information.

Thirdly, Decisions support system-

It would provide a digital dashboard for its clients using both transactional and analytical data. Analytics data including social , analytics, sentiment analysis, and competitive analysis are all provided in decision support system.

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