1) Using direct-labor hours to apply overhead to production:
Standard: $157 per unit
Enhanced: $216 per unit
2) Using activity-based costing
Standard: $181 per unit
Enhanced: $198 per unit
3) Ontario's selling prices are based heavily on cost and may need to be adjusted based on the new cost information, depending on the company's pricing strategy and the competitive environment.
1) Using direct-labor hours to apply overhead to production
Total direct labor cost for Standard = 3,000 units x 3 hours per unit x $12 per hour = $108,000
Total direct labor cost for Enhanced = 4,000 units x 4 hours per unit x $12 per hour = $192,000
Overhead rate = $800,000 ÷ 25,000 direct labor hours = $32 per direct labor hour
Manufacturing cost per unit for Standard
Direct materials = 3,000 units x $25 per unit = $75,000
Direct labor = $108,000
Manufacturing overhead = 3,000 units x 3 hours per unit x $32 per hour = $288,000
Total manufacturing cost = $471,000
Manufacturing cost per unit = $471,000 ÷ 3,000 units = $157 per unit
Manufacturing cost per unit for Enhanced
Direct materials = 4,000 units x $40 per unit = $160,000
Direct labor = $192,000
Manufacturing overhead = 4,000 units x 4 hours per unit x $32 per hour = $512,000
Total manufacturing cost = $864,000
Manufacturing cost per unit = $864,000 ÷ 4,000 units = $216 per unit
2) Using activity-based costing . First, we need to calculate the activity rates for each of the three overhead activities:
Order processing rate = $150,000 ÷ 500 orders processed = $300 per order processed
Machine processing rate = $560,000 ÷ 40,000 machine hours worked = $14 per machine hour worked
Product inspection rate = $90,000 ÷ 10,000 inspection hours = $9 per inspection hour
Manufacturing cost per unit for Standard
Direct materials = $75,000
Direct labor = $108,000
Manufacturing overhead:
Order processing = 300 orders x $300 per order = $90,000
Machine processing = 18,000 machine hours x $14 per machine hour = $252,000
Product inspection = 2,000 inspection hours x $9 per inspection hour = $18,000
Total manufacturing overhead = $360,000
Total manufacturing cost = $543,000
Manufacturing cost per unit = $543,000 ÷ 3,000 units = $181 per unit
Manufacturing cost per unit for Enhanced
Direct materials = $160,000
Direct labor = $192,000
Manufacturing overhead:
Order processing = 200 orders x $300 per order = $60,000
Machine processing = 22,000 machine hours x $14 per machine hour = $308,000
Product inspection = 8,000 inspection hours x $9 per inspection hour = $72,000
Total manufacturing overhead = $440,000
Total manufacturing cost = $792,000
Manufacturing cost per unit = $792,000 ÷ 4,000 units = $198 per unit
3) Ontario's selling prices are based heavily on cost, so the company needs to add a markup to the manufacturing cost per unit to determine the selling price. The markup would depend on the company's pricing strategy and the competitive environment. If Ontario wants to maintain the same profit margin as before, it may need to adjust the markup based on the new cost information.
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Which of the following activities demonstrates human resources management:
- the business gives its preferred customers a special discount
- the business takes care of the responsibilities associated with having employees
- the business includes top-level managers in long-term planning
- the business acts on new information about a competitor
The second activity, taking care of the responsibilities associated with having employees, is an example of human resources management.
Human resources management is the function within an organization that is responsible for managing the people or human capital. It involves the recruitment, hiring, training, development, compensation, and retention of employees. The goal of human resources management is to ensure that the organization has the right people with the right skills and abilities to achieve its objectives. This includes creating and implementing policies and procedures that promote a positive and productive work environment, and that comply with employment laws and regulations.
Human resources management also involves managing employee relations, including addressing conflicts and concerns, and fostering a culture of diversity, equity, and inclusion. Overall, human resources management plays a critical role in helping organizations achieve their strategic goals by effectively managing and developing their human capital.
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could your new company location use the services of an experienced salesperson with a strong sales background? i can help take your department to the next level. could your growing sales department use the services of an experienced salesperson with exceptional negotiation skills, international business expertise, and 10 years of corporate experience? could your sales department use a good salesperson to take it to the next level? if the answer is yes, please contact me as soon as possible.
The given passage can be considered as a sales pitch from a person who has ten years of corporate experience, has international business expertise, and possesses exceptional negotiation skills. The pitch is intended for the owner of a new company, who is looking for an experienced salesperson for his/her growing sales department.
In the pitch, the person is asking if the company needs a good salesperson to take its sales department to the next level. If the answer is yes, the person wants the company to contact him/her as soon as possible.
The given passage can be considered as a sales pitch from a person who has ten years of corporate experience, has international business expertise, and possesses exceptional negotiation skills.
The pitch is intended for the owner of a new company, who is looking for an experienced salesperson for his/her growing sales department. In the pitch, the person is asking if the company needs a good salesperson to take its sales department to the next level.
If the answer is yes, the person wants the company to contact him/her as soon as possible.
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what is the price today (in dollars and cents) of a stock whose dividend per share is currently $2.05 and who expects to pay this same dividend per share at the end of each future year forever? that is, the assumption is that the current dividend per share will never change. the stock's required rate of return is 5.85%.
The price of the stock today whose dividend per share is currently $2.05 and who expects to pay this same dividend per share at the end of each future year forever when the stock's required rate of return is 5.85%
P0 = D / rD is the dividend per share, P0 is the price of the stock, and r is the required rate of return.P0 = 2.05 / 0.0585= $35.04 (to the nearest cent)
Therefore, the price today of the stock is $35.04.
In the world of investment, a stock refers to a security that represents the ownership of a fraction of a corporation. The corporation issues stocks as a way of raising capital to support its activities. The stocks or shares of a corporation are traded on the stock market. The holder of a share is entitled to the right to vote and receive a dividend when the corporation generates a profit. A dividend is a portion of a corporation's earnings that is distributed to its shareholders based on the number of shares held by the shareholder.Learn more about stock here: https://brainly.com/question/25818989
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if you have a $228,000, 30-year, 5 percent mortgage, how much of your first monthly payment of $1,225.5 would go toward interest? multiple choice $1,010.80 $1,225.50 $950.00 $275.50 $11,400.00
$950.00 of your first monthly payment of $1,225.5 would go toward interest.
To find the amount of the first monthly payment of $1,225.50 that goes towards interest for a $228,000, 30-year, 5 percent mortgage, we can use the amortization formula.
The formula is: M = P [i (1 + i)n] / [(1 + i)n - 1]M represents the monthly payment, P represents the principal, i represents the monthly interest rate, and n represents the number of payments. Let's break down the values for this problem: M = $1,225.50P = $228,000i = 0.00416666667 (5%/12 months)N = 360 (30 years x 12 months per year) Now we can plug in the values: M = 228000 [0.00416666667 (1 + 0.00416666667)360] / [(1 + 0.00416666667)360 - 1]M = $1,225.50 Therefore, the first monthly payment is $1,225.50.
To find how much of that first payment goes towards interest, we can use the following formula: I = P x R x T In this formula, I represents the interest, P represents the principal, R represents the monthly interest rate, and T represents the time in months. For the first payment, P is still $228,000 and R is still 0.00416666667. T is simply 1 since we're only looking at the first payment. I = 228000 x 0.00416666667 x 1I = $950.00
Therefore, the answer is $950.00.
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business is booming for a dubai business that specializes in cloning...
A Llamas. B Camels. C Horses
The Dubai business that specializes in cloning camels is booming. The correct answer to the question is option B, camels.
Dubai is a city in the United Arab Emirates (UAE) known for its luxurious shopping centers, ultramodern architecture, and a lively nightlife scene. Dubai is also known for its camel racing and camel milk industry. The city is known for producing high-quality racing camels and therefore camel cloning is a very lucrative business.Cloning is the process of making genetically identical organisms or cells. The successful cloning of camels has allowed companies to develop stronger, faster, and more efficient racing camels.
The cloned camels also produce better milk and have a greater genetic diversity than their natural counterparts, making them more resistant to diseases.In conclusion, the Dubai business that specializes in cloning camels is booming.
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Last month when Holiday Creations, Inc., sold 39,000 units, total sales were $156,000, total variable expenses were $124,800, and fixed expenses were $38,200. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase sales volume by 650 units and total sales by $2,600?
The company increases sales volume by 650 units and total sales by $2,600, the estimated change in net operating income will be a decrease of $37,680.
To calculate the company's contribution margin (CM) ratio, we need to first find the total contribution margin.
This can be calculated by subtracting the total variable expenses from the total sales: Total contribution margin = Total sales - Total variable expense,
Total contribution margin = $156,000 - $124,800,
Total contribution margin = $31,200.
Now, we can calculate the CM ratio by dividing the total contribution margin by the total sales:
CM ratio = Total contribution margin / Total sales, CM ratio = $31,200 / $156,000, CM ratio = 0.2 or 20%
This means that for every dollar of sales, the company earns 20 cents to cover its fixed expenses and profit.To estimate the change in the company's net operating income if it can increase sales volume by 650 units and total sales by $2,600, we need to first calculate the contribution margin per unit.
This can be calculated by dividing the total contribution margin by the total number of units sold:
Contribution margin per unit = Total contribution margin / Units sold, Contribution margin per unit = $31,200 / 39,000,
Contribution margin per unit = $0.80,
Now, we can estimate the change in net operating income:
Increase in sales revenue = $2,600, Contribution margin per unit = $0.80, Increase in units sold = 650,
Total increase in contribution margin = Contribution margin per unit x Increase in units sold,
Total increase in contribution margin = $0.80 x 650. Total increase in contribution margin = $520
Now, we can calculate the estimated change in net operating income: Estimated change in net operating income = Total increase in contribution margin - Fixed expenses,
Estimated change in net operating income = $520 - $38,200
, Estimated change in net operating income = -$37,680.
This means that if the company increases sales volume by 650 units and total sales by $2,600, the estimated change in net operating income will be a decrease of $37,680.
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in a marketing plan, every strategy must include an implementation element. these are sometimes called .
In a marketing plan, every strategy must include an implementation element, often referred to as tactics or action items. These implementation elements are essential components of a well-rounded marketing plan as they outline the specific actions required to achieve the overall marketing objectives.
Tactics or action items are the practical steps that must be taken to execute the marketing strategies effectively. These can include advertising campaigns, content creation, social media activities, promotional events, partnerships, and more. They should be specific, measurable, achievable, relevant, and time-bound (SMART) to ensure that they contribute to the successful execution of the marketing plan.
Including implementation elements in a marketing plan ensures that the plan is actionable and results-driven. It helps to bridge the gap between the strategic goals and the practical steps needed to achieve them. Furthermore, by incorporating these action items, the marketing team can more easily track progress and measure the effectiveness of their efforts, making adjustments as necessary to optimize the plan's overall success.
In summary, implementation elements, sometimes called tactics or action items, are crucial components of a marketing plan. They provide the necessary structure for executing marketing strategies effectively and help to ensure that the plan delivers on its objectives. By including these elements, marketers can create actionable, measurable plans that drive success and achieve desired outcomes.
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Generally, a licensee can rely on the statements given by the seller (such as in a seller disclosure statement) unless the licensee has a reason to believe that the information which the seller has given is not true. T/F
The statement generally, a licensee can rely on the statements given by the seller (such as in a seller disclosure statement) unless the licensee has a reason to believe that the information which the seller has given is not true, is TRUE.
What is a licensee?A licensee is an individual who has been authorized to engage in a specific occupation, trade, or business by an entity such as a government agency or a professional organization. A licensee can rely on the statements provided by the seller, as long as he or she does not have reason to believe that the information given is untrue.
This implies that the licensee has the right to believe that the information given by the seller is accurate and reliable unless there is an indication to the contrary. Therefore, the given statement is true.
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What method is used to allocate S corporation income or losses (unless an election is made to treat it differently)?
a. Any method agreed to by all of the shareholders.
b. Per-day allocation.
c. FIFO method.
The method used to allocate S corporation income or losses (unless an election is made to treat it differently) is any method agreed to by all of the shareholders. This is known as the shareholder allocation method.
S Corporation is an entity that has opted for the tax status of Subchapter S Corporation. The company then files a tax return on Form 1120S and issues K-1 forms to shareholders. The K-1 form contains information regarding the shareholder's share of the company's income, deductions, credits, and other items.
The shareholder allocation method, also known as pro-rata allocation or per-share allocation, is the default method used by S Corporations to allocate income, gains, losses, deductions, and credits to shareholders unless an election is made to treat it differently. The allocation of S Corporation items is done on a per-share basis, which is proportional to each shareholder's ownership percentage in the corporation.
Hence, shareholders share profits and losses in accordance with the ratio of their ownership stakes in the company.
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an investor is considering a $25,000 investment in a start-up company. she estimates that she has probability 0.15 of a $20,000 loss, probability 0.1 of a $30,000 profit, probability 0.25 of a $40,000 profit, and probability 0.5 of breaking even (a profit of $0). what is the expected value of the profit?
The expected value of the profit for the investor is $17,500.
To calculate the expected value of the profit, we multiply each possible profit outcome by its respective probability and sum them up.
In this case, we have four possible outcomes:
A loss of $20,000 with probability 0.15
A profit of $30,000 with probability 0.10
A profit of $40,000 with probability 0.25
Breaking even (a profit of $0) with probability 0.50
So, the expected value of the profit is:
(0.15 x -$20,000) + (0.10 x $30,000) + (0.25 x $40,000) + (0.50 x $0)
= -$3,000 + $3,000 + $10,000 + $0
= $10,000
This means that if the investor makes this investment many times under the same conditions, on average, she can expect to make a profit of $10,000 per investment.
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don is negotiating for the labor union. today, he is presenting the evidence and papers that demonstrate the average wages in the area, the cost of healthcare for the average worker, and a pie graph demonstrating how these costs affect the new salary request. which phase of the negotiation process is don currently in?
Clarity and justification is the right answer. Collective bargaining refers to the process through which labor unions bargain or negotiate with their management or employers.
Collective bargaining allows union members to negotiate wages, benefits, working conditions, and employees' health and safety concerns based on the terms of employment.
Collective bargaining refers to the official procedure by which trade unions negotiate with employers on behalf of their members in respect of employees' terms and conditions of employment.
Collective bargaining could be used to negotiate a pay raise or a change in working hours.
Collective bargaining is classified into numerous categories, including composite concessionary, distributive, integrative, and productivity bargaining.
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if ford decides to target women to sell their f-150 truck to, what type of segmentation would ford be using?
If Ford decides to target women to sell its F-150 truck to, then the type of segmentation that Ford would be using is B. Psychographics.
Psychographic segmentation is a method used in marketing research that categorizes people based on their personality traits, lifestyle, values, opinions, and interests. In this case, Ford is targeting women, which would be a way of segmenting the market based on personality traits or lifestyle characteristics that are more common among women. By targeting women with its F-150 truck, Ford would be aiming to sell its products to a specific group of consumers who share common interests or values.
According to the data, women are increasingly becoming more interested in trucks. The female demographic is no longer in the background but is instead a considerable purchasing power that can change the way businesses function. Ford understands this fact and is targeting women with its F-150 truck using psychographic segmentation as the method of segmentation. Through psychographic segmentation, Ford can offer a unique customer experience tailored to women's personalities and interests.
By focusing on women, Ford can create a campaign that speaks directly to its target audience, thus increasing the probability of converting them into customers. Psychographic segmentation is a powerful way to make the brand connect with a particular group of consumers who have similar interests, beliefs, and values. By utilizing psychographic segmentation, companies can gain a deeper understanding of what their customers want, thus enabling them to create better products and services that meet their needs. Therefore, the correct option is B.
The question is incomplete, Find the full content below:
If Ford decides to target women to sell its F-150 truck to, then what type of segmentation would Ford be using?
A. Gender graphic
B. Psychographics
C. Benefit/usage
D. Geographics
E. Demographics
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Paula worked for a department store that specialized in women’s high-end lingerie. As she was working one day she noticed a miniature light protruding from behind a mirror in the dressing room. As she moved the mirror to get a better look at the light, she noticed a recording device. Thomas, her supervisor, quickly told her that the recording device was a security camera, however, the recording device actually belonged to Thomas. Has Thomas committed a tort?
A. No, since he is a supervisor, he has the right to record people in the dressing rooms.
B. Yes, Thomas has committed the tort of false light.
C. Yes, Thomas has committed fraud.
D. Yes, Thomas has committed the tort of intrusion on an individual’s affairs.
E. No, he was protecting the store’s merchandise.
Thomas has committed the tort of intrusion on an individual’s affairs. Option D is the correct answer.
A tort is a wrongful act that causes injury or harm to someone, and for which the law imposes civil liability; it is a private wrong against an individual for which the injured person may recover damages. So, a tort is a civil injury designed to provide relief to persons harmed by others' wrongful acts.
The tort of intrusion on an individual's affairs involves the plaintiff's reasonable expectation of privacy being invaded by the defendant. An intrusion occurs when there is an interference with a person's solitude or seclusion that is highly offensive to a reasonable person, and the intrusion would be highly offensive to a reasonable person. Paula noticed a miniature light protruding from behind a mirror in the dressing room while she was working for a department store that specialized in women's high-end lingerie.
Thomas, her supervisor, quickly told her that the recording device was a security camera. In reality, the recording device belonged to Thomas, and he has committed the tort of intrusion on an individual’s affairs. As a result, the correct answer is D. Yes, Thomas has committed the tort of intrusion on an individual's affairs.
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if the selling price is set at $20 each, how many units have to be produced and sold for fine manufacturing to break even? use both graphical and algebraic approaches.
If the company sells the product at a price of $25, 8000 units of product have to be sold in order to breakeven.
Breakeven Quantity = Fixed Cost / (Selling Price–Variable Cost)
Thus, Breakeven quantity= 40,000/(25-20) = 8,000 mops.
Hence the Breakeven quantity of product is 8000 mops.
(Graphical representation is given below)
In economics, business, and specifically cost accounting, the break-even point (BEP) is the point at which total cost and total revenue are equal, or "even." Although opportunity costs have been paid and capital has received the risk-adjusted, expected return, there is no net loss or gain, and one has "broken even." In other words, all necessary expenses are covered, and neither a profit nor a loss is realised. Karl Bücher and Johann Friedrich Schär created the break-even analysis.
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—-------- Correct question format is given below —--------
(Q). Mop andBroom Manufacturing is evaluating whether toproduce a new type of mop. The company is considering the operationsrequirements for the mop as well as the market potential. Estimates of fixed costs per year are $40,000, and the variablecost for each mop produced is $20.
If the company sells the product at a price of $25, howmany units of product have to be sold in order to breakeven? Use both the algebraic and graphical approaches.
which of the following is not a tool of monetary policy? group of answer choices open market operations reserve requirements changing the discount rate increasing the government budget deficit
The following is not a tool of monetary policy open market operations.
Does monetary policy use the discount rate as a tool?The Fed's board of governors determines the discount rate, which is a tool for monetary policy that can be changed upward or downward. The Fed's role as a lender of last resort includes lending at the discount rate, which is one of its main instruments for implementing monetary policy.
Which of the following is not a monetary policy tool, according to the quiz?the tax rate for businesses. Congress, not the Fed, decides the corporate tax rate. It is not a tool for monetary policy as a result.
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Please help me with this credit card assignment! (Personal Finance) I need this done by tomorrow! Please help! I’d greatly appreciate it!
Credit Card #1
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
1 percent for the first six months after you open the account.
After six months, APR will be 24 percent.
Grace Period
a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date
Annual Fee
$0
Other Fees
cash advance fee: the greater of $5 or 3 percent of the amount of the cash advance; late payment fee: $30; over-the-limit fee: $30
Credit Card #2
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
19.9 percent
Grace Period
a minimum of twenty-five days to repay without a finance charge if previous balance is paid in full by the due date
Annual Fee
$20
Other Fees
cash advance fee: the greater of $3 or 3 percent of the amount of cash advance; late payment fee: $30; over-the-limit fee: $20; returned check fee: $20
Credit Card #3
Truth in Lending Disclosure Statement
Annual Percentage Rate (APR)
19.9 percent
Grace Period
a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date
Annual Fee
annual membership fee: $50
annual participation fee: $60 ($5 charged monthly)
Other Fees
cash advance fee: $20; balance transfer fee: $25; late payment fee: $20. over-the-limit fee: $20
(Part One)
Read each of the above Truth in Lending Disclosure Statements and answer the questions that follow.
What happens to the interest rate after six months for credit card #1?
Which credit cards have an annual fee?
Is the grace period the same for each of these credit cards?
What fees does credit card #3 have that the other cards do not?
As a good steward, you will pay your credit card bill on time and you will pay the balance each month. Which credit card is the best for you?
1. What happens to the interest rate after six months for credit card #1?
2. Which credit cards have an annual fee?
3. Is the grace period the same for each of these credit cards?
4. What fees does credit card #3 have that the other cards do not? 5.
As a good steward, you will pay your credit card bill on time and you will pay the balance each month. Which credit card is the best for you?
(Part Two)
Go online or visit a financial institution to find information about three credit cards. Some credit cards offer incentives, such as miles toward a free flight or 1 percent back on every dollar you spend. Research information about annual fees, APR, and incentives that credit cards offer. Write two paragraphs of 250 words total, one paragraph about the three credit cards you researched and one paragraph stating which credit card would be best for you and why.
Explanation:
Part One:
After six months, the APR for credit card #1 will be 24 percent.
Credit card #1 and credit card #2 do not have an annual fee. Credit card #3 has an annual membership fee of $50 and an annual participation fee of $60 ($5 charged monthly).
Yes, the grace period is a minimum of twenty-five days to repay without finance charges if the previous balance is paid in full by the due date for all three credit cards.
Credit card #3 has a balance transfer fee of $25 that the other cards do not have.
As a good steward who pays their credit card bill on time and pays the balance each month, credit card #1 would be the best option as it has a 0 percent APR for the first six months, no annual fee, and the same grace period as the other cards.
Part Two:
After researching three credit cards, I found that Credit Card A has an annual fee of $95, an APR of 17.49 percent to 24.49 percent, and offers 2 miles per dollar spent on travel and dining. Credit Card B has no annual fee, an APR of 15.49 percent to 25.49 percent, and offers 1.5 percent cashback on every dollar spent. Credit Card C has an annual fee of $550, an APR of 16.99 percent to 23.99 percent, and offers a wide range of travel benefits, including access to airport lounges, a $200 annual airline credit, and 5 points per dollar spent on air travel and hotels.
Based on my research, I believe that Credit Card B would be the best option for me. While Credit Card A offers good rewards for travel and dining, the annual fee is quite high. Credit Card C also has a high annual fee, and while the travel benefits are appealing, I don't travel enough to make full use of them. Credit Card B, on the other hand, has no annual fee and offers a competitive cashback rate on every dollar spent, making it a good choice for everyday use. Additionally, the APR range is comparable to the other cards, and the grace period is the same as the other cards, giving me the flexibility to pay my balance in full each month without incurring finance charges.
One potential advantage of financing corporations through the use of bonds rather than common stock is: a. the corporation must pay the bonds at maturity b. the interest on bonds must be paid when due c. a higher earning per share is guaranteed for existing common shareholders d. the interest expense is deductible for tax purposes by the corporation.
Bonds and Stocks:
Bonds are debt securities where the borrower pays interest to the lender and returns the amount borrowed after a while. Stock is equity financing where the investor lends money to a business in return for a share of future earnings.
One potential advantage of financing corporations through the use of bonds rather than common stock is that the interest expense is deductible for tax purposes by the corporation, which is option d.
What are Bonds?Bonds are a form of fixed-income security or debt instrument that is issued by a government or a corporation in order to raise capital. When someone buys a bond, they're actually lending money to the issuer. The bond issuer (borrower) promises to repay the principal amount borrowed (the face value) at a fixed rate of interest on a particular date or over a specified period of time.
Thus, bonds are a form of long-term debt capital that companies use to finance their growth.
Bonds have several advantages over common stock:
Interest Expense is Deductible for Tax Purposes by the Corporation
The corporation can deduct the interest it pays on the bond as an expense for tax purposes. This lowers the corporation's net taxable income and, as a result, reduces the taxes it pays. This tax advantage is not available to the holder of common stock. As a result, the bondholder earns a higher after-tax return on investment.
The Corporation Must Pay the Bonds at Maturity. When bonds mature, the corporation must repay the bondholder the face value of the bond plus any unpaid interest. This obligation is a legal obligation that the corporation must fulfill. As a result, the corporation must plan to have enough cash on hand to pay the bond when it comes due.
The Interest on Bonds Must Be Paid When Due. Bonds typically have a fixed rate of interest that the corporation must pay to the bondholder on a regular basis (e.g. monthly, quarterly, or annually). This interest must be paid regardless of whether the corporation is profitable or not.
The bondholder has a claim on the interest income that the corporation generates, which reduces the potential income available to the corporation.
Therefore, the correct option is d.
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at the conclusion of a formal hearing, who prepares the report submitted to the ohio real estate commission for its review and decision regarding a complaint against a licensee?
At the conclusion of a formal hearing, the Ohio Division of Real Estate prepares the report submitted to the Ohio Real Estate Commission for its review and decision regarding a complaint against a licensee. The report outlines the decision made by the hearing examiner and provides a summary of the evidence presented during the hearing.
What is a formal hearing?A formal hearing is an administrative process used by the Ohio Real Estate Commission to determine whether or not to take disciplinary action against a licensee. The hearing is conducted in accordance with the Ohio Administrative Code and the Ohio Revised Code. At the hearing, both the complainant and the licensee have an opportunity to present evidence, call witnesses, and cross-examine the opposing party's witnesses. The hearing is presided over by a hearing examiner who is an attorney appointed by the Ohio Real Estate Commission to conduct the hearing and make a recommendation to the Commission.
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bautista corporation reported pretax book income of $1,000,000. included in the computation were favorable temporary differences of $200,000, unfavorable temporary differences of $50,000, and favorable permanent differences of $100,000. compute the company's current income tax expense or benefit.
Bautista Corporation reported pretax book income of $1,000,000. The computation of the company's current income tax expense or benefit is $308,000.
Explanation: Bautista Corporation reported pretax book income of $1,000,000. This is the starting point of the income tax expense/benefit computation. The amount of $1,000,000 is adjusted for favorable and unfavorable temporary differences and favorable permanent differences.
Temporary differences are the differences between the amount of a company's reported book income and its taxable income, which are expected to reverse in future years when they become deductible or taxable.
Temporary differences may be favorable or unfavorable, depending on the nature of the difference and the related tax consequences. Permanent differences, on the other hand, are differences between book income and taxable income that will not reverse in future years and are related to items that are either always tax-deductible or tax-exempt. Permanent differences can be either favorable or unfavorable to the company.
Based on the information given in the question, the computation of the current income tax expense or benefit for Bautista Corporation is as follows: Pretax book income$1,000,000 Add: Favorable permanent differences $100,000
Favorable temporary differences $200,000 Less: Unfavorable temporary differences ($50,000) Taxable income $1,250,000 Taxable income multiplied by the tax rate40% Income tax expense$500,000.
Less: Income tax benefit related to permanent differences ($100,000 x 40%) ($40,000) Income tax expense (benefit)$460,000 Tax expense equals to $460,000, which is computed by taking taxable income of $1,250,000 multiplied by the tax rate of 40%.
To calculate the tax benefit from the permanent difference, we multiply the favorable permanent difference of $100,000 by the tax rate of 40%, which gives $40,000. Finally, we subtract this tax benefit from the income tax expense to get the net tax expense of $460,000.
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Which of the following sets of goods are most likely to be complementary goods? a. shoes and pizza b. automobiles and computers c. baseballs and baseball gloves
Answer: C. baseballs d baseball gloves
Hope that helps c:
if the depreciable basis for a single family residence is $550,000, what is the allowable annual depreciation using the straight-line depreciation method...?
The allowable annual depreciation for a single family residence with a depreciable basis of $550,000 using the straight-line depreciation method is $20,000 per year.
This is calculated by dividing the depreciable basis by the useful life of the asset. For residential rental property, the useful life is 27.5 years, as per the IRS depreciation guidelines.
Therefore, the annual depreciation expense can be calculated as follows:
$550,000 / 27.5 = $20,000
The straight-line method of depreciation assumes that the asset loses an equal amount of value each year over its useful life. In this case, the annual depreciation expense of $20,000 can be deducted from the rental income of the property for tax purposes.
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A protocol stack is
another way of saying "network address"
O a set of supporting protocols in a series of layers
O the order of precedence in the transmission control protocol
O another way of saying "TCP/IP"
A protocol stack is: b. a set of supporting protocols in a series of layers.
What is protocol stack?A protocol stack refers to a set of communication protocols that are used together to facilitate communication between different devices on a network. The protocol stack is organized into different layers, with each layer responsible for a specific aspect of the communication process.
The layers in the protocol stack work together to ensure that data is transmitted reliably and efficiently across the network. Common examples of protocol stacks include the OSI model and the TCP/IP model.
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an investor purchases a long call at a price of $2.70. the strike price at expiration is $39. if the current stock price is $39.10, what is the break-even point for the investor? a) $36.30 b) $39.00 c) $41.70 d) $41.80
Since the current stock price is $39.10, the break-even point for the investor would be $41.70. The correct answer is option c.
What is a long call?A long call is an options contract that offers the holder the right, but not the responsibility, to buy a specific number of shares of a stock at a predetermined price at any time before the contract expires, which is typically three months.
The buyer of a long call anticipates that the stock price will increase and that the call option will appreciate. This implies that the buyer may benefit by either selling the option at a profit or by exercising the option and purchasing the underlying asset at the lower, previously agreed-upon price to resell it at a higher market price later.
What is the break-even point?The break-even point in options trading is the price at which the option holder or trader will not have a net loss, but will also not have a net profit. The point at which the option's intrinsic value equals the option's extrinsic value is known as the break-even point. The investor would break even if the stock price rises beyond the break-even point of the call option.
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pls help :(
If the team charges $10 per dream bag and sells all 100 bags how much revenue will they collect?
If the team sells all 100 bags how much profit will they make
(hint revenue - total cost = profit)
Answer:
Explanation:
If the team charges $10 per dream bag and sells all 100 bags, their revenue will be:
Revenue = Price per bag x Number of bags sold
Revenue = $10 x 100
Revenue = $1000
Therefore, if the team sells all 100 bags, they will collect $1000 in revenue.
To calculate the profit, we need to know the total cost of producing and selling the dream bags. Let's assume that the total cost is $600.
Profit = Revenue - Total Cost
Profit = $1000 - $600
Profit = $400
Therefore, if the team sells all 100 bags at a price of $10 per bag and has a total cost of $600, they will make a profit of $400.
Answer:
$1000 (Revenue)
$400 (Profit)
Explanation:
Given:
Price - $10
Quantity - 100 bags
Total revenue formula:
Total revenue = price * quantity
Substitute values:
Total revenue = 10 * 100
Calculate:
Total revenue = $1000
different working styles are also a common cause of conflicts. bob needs analysis, statistics, and weighted reasoning. nick needs a well-told story that lays out the dynamic of a process. they often disagree and neither listens to the other’s approach. their conflict is
Conflicts sometimes result from diverse working styles. Bob needs weighted reasoning, analysis, and statistics. Nick need a well-written tale that explains a process' dynamics.
They clash frequently, and neither pays attention to the other's perspective. Their argument is an emotional one.
Bob and Nick's disagreement can be characterized as a clash of working methods or styles based on the facts provided. Nick favors a narrative strategy that explains the dynamics of a process, while Bob depends on analysis, statistics, and weighted reasoning.
Because each individual is adamant that their strategy is the most effective and because they are unwilling to hear what the other person has to say or take their perspective into consideration, conflict results. As a result, their capacity to collaborate effectively may be hampered. This lack of comprehension and communication may also cause misunderstandings and dissatisfaction.
As a result, the dispute between Bob and Nick can be characterized as a quarrel over preferred approaches to tasks or problems or a clash of working styles.
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an investor can invest money with a particular bank and earn a stated interest rate of 6.60%; however, interest will be compounded quarterly. what are the nominal, periodic, and effective interest rates for this investment opportunity?
This investment opportunity has a nominal interest rate of 6.60%, a periodic interest rate of 1.65%, and an effective interest rate of 6.69%.
Nominal Interest Rate: This is the stated interest rate, which in this case is 6.60%.Periodic Interest Rate: This is the amount of interest earned in one period, which is equal to the nominal interest rate divided by the number of compounding periods per year. In this case, the interest is compounded quarterly, so the periodic interest rate is equal to 6.60% divided by 4, which is equal to 1.65%.Effective Interest Rate: This is the rate of interest actually earned in one year, and it is higher than the nominal interest rate due to compounding. In this case, the effective interest rate is 6.69%.
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An investor can invest money with a particular bank and earn a stated interest rate of 6.60%; however, interest will be compounded quarterly. What are the nominal, periodic, and effective interest rates for this investment opportunity?
In this question, An investor can invest money with a particular bank and earn a stated interest rate of 6.60%However, interest will be compounded quarterly.
The nominal rate of interest is: 6.60%The rate of interest compounded quarterly is: (6.60/4) % = 1.65% per quarter Therefore, the periodic rate of interest is 1.65%The effective interest rate can be calculated as follows:
Effective interest rate = (1 + (nominal rate / n))n - 1
Where, n = the number of compounding periods in one year (in this case, 4)
Now we will calculate the effective interest rate:
Effective interest rate = (1 + (6.60 / 4))4 - 1= (1 + 1.65)4 - 1= (2.65)4 - 1= 15.86%
Therefore, the effective interest rate for this investment opportunity is 15.86%.
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the u. s. government would like to help the american auto industry compete against foreign automakers that sell trucks in the united states. it can do this by imposing an excise tax on each foreign truck sold in the united states. the hypothetical pre-tax demand and supply schedules for imported trucks are given in the accompanying table. assume that the government imposes an excise tax of $3,000 per imported truck. how many imported trucks are now purchased?
The quantity of imported trucks purchased after the excise tax of $3,000 per imported truck is imposed would be 2,500 units. The following steps show how to derive the answer from the given data.
The supply and demand schedules for imported trucks are given as follows: Price (thousands of dollars) | Quantity demanded | Quantity supplied | $22 | 0 | 4,000 | $24 | 1,000 | 3,000 | $26 | 2,000 | 2,000 | $28 | 3,000 | 1,000 | $30 | 4,000 | 0The equilibrium price and quantity demanded/supplied in the absence of an excise tax are where the supply and demand curves intersect. The equilibrium price is $26, and the equilibrium quantity is 2,000 units.
Imposing an excise tax of $3,000 per imported truck would cause the supply curve to shift upwards by the amount of the tax to reflect the higher cost of supplying the imported trucks to the US market. The new supply curve would be: Price (thousands of dollars) | Quantity supplied | $22 | 1,000 | $24 | 2,000 | $26 | 3,000 | $28 | 4,000 | $30 | 5,000The intersection of the new supply and demand curves would determine the new equilibrium price and quantity demanded/supplied after the tax.
At the new equilibrium price, buyers would be willing to purchase less than 2,000 units, whereas suppliers would be willing to supply more than 2,000 units. The new equilibrium would thus occur at a lower quantity demanded and a higher quantity supplied compared to the equilibrium without the tax. The new equilibrium quantity demanded and supplied are determined by setting the quantity demanded equal to the quantity supplied:
Quantity demanded:1,000 when price = $24.2,000 when price = $26.3,000 when price = $28.4,000 when price = $30.
Quantity supplied:1,000 when price = $28.2,000 when price = $26.3,000 when price = $24.4,000 when price = $22.5,000 when price = $20.
The only price that leads to an equal quantity of imported trucks being demanded and supplied is $28, with a quantity of 3,000 units. Since the excise tax causes suppliers to bear the majority of the burden of the tax, the actual price paid by buyers after the tax would be $26, which is $2 higher than the pre-tax price. Therefore, the quantity of imported trucks purchased after the excise tax of $3,000 per imported truck is imposed would be 2,500 units, i.e. 3,000 units less than the pre-tax quantity demanded.
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anton company uses the perpetual inventory system and fifo cost flow method. during the year, anton purchased 840 units of inventory that cost $8 each and then purchased an additional 930 units of inventory that cost $10 each. if anton sells 1,250 units of inventory, what is the amount of cost of goods sold?
The cost of goods sold for Anton Company using the FIFO method and perpetual inventory system is $10,820.
Using the FIFO method and the perpetual inventory system, the cost of goods sold (COGS) for Anton Company would be calculated as follows:
Anton purchased 840 units of inventory at a cost of $8 each, for a total cost of 840 x $8 = $6,720.Anton purchased an additional 930 units of inventory at a cost of $10 each, for a total cost of 930 x $10 = $9,300.Anton sold 1,250 units of inventory, so the first 840 units sold will be at a cost of $8 each and the next 410 units sold will be at a cost of $10 each.Therefore, the cost of goods sold can be calculated as:
The first 840 units have a cost of $8 each, for a total cost of 840 x $8 = $6,720.The next 410 units (1,250 - 840) have a cost of $10 each, for a total cost of 410 x $10 = $4,100.Therefore, the total cost of goods sold is $6,720 + $4,100 = $10,820.Thus, the amount of cost of goods sold for Anton Company is $10,820.
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how much would you pay to participate in a real estate project that pays nothing for the next 10 years and $3,000 for the following 10 years if you can earn 12% return on other investments of similar risk? assume the annual revenue is generated at the end of the year.
The amount you would pay to participate in the real estate project is $16,945.
To calculate the present value of the project, we need to discount the future cash flows back to the present using the given rate of return.
The first 10 years of no cash flows can be treated as a perpetuity with a zero coupon rate, since there are no payments during that time. The present value of the perpetuity is calculated as the payment divided by the discount rate: PV of perpetuity = $0 ÷ (1 + 0.12)⁰ = $0
The next 10 years will have an annual payment of $3,000, so we can use the formula for the present value of an annuity: PV of annuity = $3,000 x [(1 - (1 + 0.12)⁻¹⁰) ÷ 0.12] = $22,228.31
Adding the present values of the two periods gives us the total present value of the project: Total PV = $0 + $22,228.31 = $22,228.31
Therefore, the amount is $16,945.
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what is the required rate of return on a preferred stock with a $50 par value, a stated annual dividend of 7% of par, and a current market price of (a) $29, (b) $39, (c) $49, and (d) $69? (assume the market is in equilibrium with the required return equal to the expected return.) do not round intermediate calculations. round your answers to two decimal places
The required rate of return on a preferred stock is :
a). 0.2414%
b). 0.1795%
c). 0.1429%
d). 0.1014%
The required rate of return on a preferred stock is equal to the dividend divided by the market price.
(a) For a market price of $29, the required rate of return = 7% / $29 = 0.2414%, rounded to two decimal places.
(b) For a market price of $39, the required rate of return = 7% / $39 = 0.1795%, rounded to two decimal places.
(c) For a market price of $49, the required rate of return = 7% / $49 = 0.1429%, rounded to two decimal places.
(d) For a market price of $69, the required rate of return = 7% / $69 = 0.1014%, rounded to two decimal places.
The required rate of return on a preferred stock is the minimum return that an investor expects to receive from investing in the preferred stock. This rate is used to determine the current market price of the preferred stock. The required rate of return is based on several factors including the risk-free rate, the market risk premium, and the company’s specific risk.
In the case of the preferred stock with a $50 par value and a stated annual dividend of 7% of par, the required rate of return can be calculated using the formula: Required rate of return = Annual dividend / Current market price.
The relationship between the current market price and the required rate of return is inverse. As the current market price increases, the required rate of return decreases and vice versa. This is because as the price of the stock increases, the dividend yield (dividend/price) decreases, and investors require a lower rate of return to compensate for the lower yield.
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