Answer: c) -0.7 - 70 percent.
Explanation:
Using the midpoint formula, the change will be;
[tex]= \frac{P_{2} - P_{1} }{\frac{P_{2} + P_{1}}{2} } \\\\= \frac{13 - 27 }{\frac{13 + 27}{2} }\\\\= -0.7[/tex]
= -70%
The contrast between those with and those without Internet access is known as the __________ divide.
A. technology
B. global digital
C. interspace
D. None of the above
Answer: It is 100% B. Global digital
Explanation: The answer is on Quizlet.
The contrast between those with and without Internet access is known as the Global Digital divide. Thus option (B) is correct.
What is the Digital Divide?The digital divide refers to the gap between demographics and regions that have access to modern information and communications technology and those that don't.
The digital divide encompasses the technical and financial ability to utilize available technology, along with access(or lack of access) to the internet. It exist between developed and developing, urban and rural populations.
The consequences of the digital divide include isolation, which can affect mental health, educational barriers as postsecondary education increasingly moves online, and worsening gender discrimination, also affects the human and economic development of a nation.
Learn more about digital divide here:
https://brainly.com/question/13151427
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An engineer who is now 65 years old began planning for retirement 40 years ago. At that time, he thought that if he had $1 million when he retired, he would have more than enough money to live his remaining life in luxury. Assume the inflation rate over the 40-year time period averaged a constant 4% per year.
Required:
a. What is the CV purchasing power of his $1 million at age 65?
b. How many future dollars should he have accumulated over the 40 years to have a CV purchasing power equal to $1.9 million at his current age of 65?
Answer:
The answer is "$208,289.045 and $9,121,939.2"
Explanation:
In point a:
40 years before CV buying power:
[tex]= \frac{\$ \ 1,000,000}{(1 + 4.00\%) ^ {40}}\\\\= \frac{\$ \ 1,000,000}{4.80102063}\\\\= \$ \ 208,289.045[/tex]
CV buying power was $208,289.045 and for 40 years before the start of each year forty years ago.
In point b:
Power CV = $1.9 million
Future accumulated value:
[tex]= \$ \ 1,900,000 \times (1 + 4.00 \%) ^ {40}\\\\= \$ \ 1,900,000 \times 4.80102063\\\\= \$ \ 9,121,939.2[/tex]
The future accumulated value will be= $9,121,939.2.
If we are given a periodic interest rate, say a monthly rate, we can find the nominal annual rate by multiplying the periodic rate by the number of periods per year. a. True b. False
Answer:
a. True
Explanation:
A periodic interest rate can be defined as an interest rate that is realizable on an investment such as securities (bonds) or charged on a loan over a specific period of time.
Mathematically, it is given by the formula;
[tex] Periodic \; interest \; rate = \frac {annual \; interest \; rate}{number \; of \; compounding \; periods} [/tex]
Hence, if we are given a periodic interest rate, say a monthly rate, we can find the nominal annual rate by multiplying the periodic rate by the number of periods per year.
Mitchell Co. has $1.1 million of debt, $3 million of preferred stock, and $3.3 million of common equity. What would be its weight on common equity
Answer:
0.45
Explanation:
Calculation for What would be its weight on common equity
Using this formula
Weight on common equity= Common equity/(Debt+Preferred stock+Common equity+ )
Let plug in the formula
Weight on common equity=$3.3 million /($1.1 million +$3 million +$3.3 million)
Weight on common equity=$3.3 million/$7.4 million
Weight on common equity=0.45
Therefore What would be its weight on common equity is 0.45
If your nominal rate of return is 14.38 percent and your real rate of return is 4.97 percent, what is the inflation rate
Answer:
try 1.35Explanation:
Situational analysis:_______.a. reviews the organization’s internal operations. b. explores the organization’s external environment. c. analyzes the organization’s situation. d. all of these are correct.
Answer:
d. all of these are correct.
Explanation:
Situational analysis is used by companies to try and understand how their environment (both external and external) affects business environment, customers, and the come with us.
Basically it is used to understand the situation and environment a business operates in.
For example a company can familiarise themselves with the political environment of a country in order effectively operate there. Maybe a government that allows foreign direct investment provides a conducive environment for businesses to come in
Suppose a tax of $5 per unit is imposed on a good, and the tax causes the equilibrium quantity of the good to decrease from 200 units to 100 units. The tax decreases consumer surplus by $450 and decreases producer surplus by $300. The deadweight loss from the tax is:_____
Answer:
$250
Explanation:
Deadweight loss from the tax = 1/2*Tax rate*(Quantity change)
Deadweight loss from the tax = 1/2* $5 * (200-100)
Deadweight loss from the tax = 1/2* $5 * 100
Deadweight loss from the tax = $250
Thus, the deadweight loss from the tax is $250
Wood Company had the following inventory items on hand at the end of the year. Computing the lower of cost or net realizable value on an item-by-item basis, determine what amount would be reported on the balance sheet for inventory.
Quantity Cost per item Net realizable value per item Lower of cost or market Reported on the balance sheet
Item A 80 $87 $102
Item B 40 62 57
Total
Answer:
$9,240
Explanation:
Calculation for the amount that would be reported on the balance sheet for inventory
Using this formula
Quantity* Lower of cost or market= Amount to
be Reported on balance sheet
Let plug in the formula
Item A 80 *$87 =$6,960
Item B 40* 57=$2,280
Total $9,240
($6,960+$2,280)
Therefore the amount that would be reported on the balance sheet for inventory will be $9,240
Bond A sells at $975. Bond B sells at $1010. Both bonds have a coupon rate of 4%. All else equal, which bond has more interest rate risk?
Answer:
Bond A
Explanation:
Interest rate risk is the likelihood of loss to bondholders emanating from an increase in a bond's market interest rate which is also the yield to maturity.
However, a bond is issued at a premium when its market interest rate is lower than the coupon rate and at a discount when the reverse is the case.
In this instance, bond A was issued at a discount while B was issued at a premium, hence, the market interest rate of Bond A is higher and it has a higher interest rate risk due to its yield to maturity which made it trade at a discount to the face value of $1000 per bond
Hadi makes wooden souvenirs to sell them during Baalbek festivals. Hadi believes if he puts more effort his small business will grow up, thus he increases the working hour of each worker from 50 hours per month to 60 hours per month. Hadi is interested in determining his productivity, He has the following data:
Month 1 Month 2
Output 250 units 320 unit
Worker 4 employees, cost per hour $5 4 employees, cost per hour $5
Overhead Expenses $600 $700
Find the worker productivity per dollar of Month 1 (6 points) *
None of the above
1.25
0.25
12.5
Find the change in worker productivity per labor hour. (6 points) *
6.7%
6.4%
6.5%
6.6%
Find the total productivity of Month 2. (6 points) *
0.17
0.16
0.15
0.18
Find the change of the total productivity (7 points) *
6.7%
6.5%
6.8%
6.6%
Answer:
1.25
6.4%
0.17
not sure of the last one
Explanation:
A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life. The bonds sold for $107,850. The entry to record the issuance of the bonds will include
Answer:
a. A credit to Premium on Bond Payable $7,850
Multiple-choices
a. A credit to Premium on Bonds Payable of $7,850.
b. A debit to Discount on Bonds Payable of $7,850
c. A credit to Cash of $100.000.
d. A credit to Bonds Payable of $107850
Explanation:
Bonds issued at a premium mean a customer pays a higher price than the face value. In this case, the premium amount is the difference between $107,850 and $100,000. When bonds are issued at a premium, the premium amount is debited to a premium bond account.
Which option is appropriate for an organization, like an airline, that cannot tolerate any downtime or any loss of data
Question Completion:
Options:
A. Any of the three choices is appropriate.
B. Real-time mirroring
C. Cold site
D. Hot site
Answer:
The appropriate option for an organization, like an airline, that cannot tolerate any downtime or any loss of data is:
B. Real-time mirroring
Explanation:
Real-time mirroring copies data in real-time from one storage device to another storage device. This ensures that the copied data is an exact copy of the data from the original device. Where office space is needed because of a disaster, a cold site is appropriate. On the other hand, a hot site is a commercial disaster recovery service for continued computer and data processing operations.
A stock has had returns of 16 percent, 23 percent, 15 percent, −11 percent, 30 percent, and −5 percent over the last six years.What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic return % Geometric return %
Answer and Explanation:
The computation of the arithmetic and geometric return for the stock is shown below:
Arithmetic return is
= (16% + 23% + 15% - 11% + 30% - 5%) ÷ 6
= 11.33%
And,
Geometric return is
= ((1 + 16%) × (1 + 23%) × (1 + 15%) × (1 - 11%) × (1 + 30%) × (1 - 5%))^(1 ÷ 6) - 1
= 10.33%
The same is to be considered
The four major expenditure categories of GDP are: Group of answer choices consumption, government purchases, taxes, and investment. consumption, investment, taxes, and net exports. consumption, investment, government purchases, and net exports. consumption, imports, exports, and government purchases. consumption, investment, government purchases, and stocks.
Answer:
consumption, investment, government purchases, and net exports.
Explanation:
The Gross Domestic Products (GDP) is the measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country. The Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being.
Basically, the four major expenditure categories of GDP are consumption, investment, government purchases, and net exports.
Favorable volume variances may be harmful when:
1) machine repairs cause work stoppages.
2) supervisors fail to maintain an even flow of work.
3) production in excess of normal capacity cannot be sold.
4) there are insufficient sales orders to keep the factory operating at normal capacity.
Answer: production in excess of normal capacity cannot be sold.
Explanation:
We say that there's a favorable volume variance in a situation whereby the production that's budgeted is less than the actual production.
Favorable volume variances may be harmful when production in excess of normal capacity cannot be sold. This is because since it can't be sold, this can bring about losses to the business.
Amy is single. During 2020, she determined her adjusted gross income was $12,000. During the year, Amy also contributed $2,500 to a Roth IRA. What is the maximum saver's credit she may claim for the year
Answer:
$1,000
Explanation:
Calculation for the maximum saver's credit she may claim for the year
For us to know the maximum saver's credit amount that she may claim for the year we have to know the standard maximum contribution amount that is eligibe for the maximum saver's credit which is the amount of $2,000 and then we multiply the amount by the standard filing status and AGI percentage which is 50%
Hence:
Maximum saver's credit=$2,000*50%
Maximum saver's credit=$1,000
Therefore the maximum saver's credit she may claim for the year will be $1,000
(Preferred stock valuation) You are considering an investment in one of two preferred stocks, TCF Capital or TAYC Capital Trust. TCF Capital pays an annual dividend of $2.16, while TAYC Capital pays an annual dividend of $1.94. If your required return is 11percent, what value would you assign to the stocks?
The value of the TCF Capital preferred stock is $______ per share
Answer:
Price of TCF Capital = $19.6363 rounded off to $19.64
Price of TAYC Capital = $17.6363 rounded off to $17.64
Explanation:
The value of current price of a preferred stock can be calculated using the formula for perpetuity. A preferred stock qualifies as perpetuity because its dividend payments are of a constant amount, are paid after equal intervals of time and are for an indefinite time period. The formula for price of the stock is as follows,
P0 = Dividend / r
Where,
r is the required rate of return
Price of TCF Capital = 2.16 / 0.11
Price of TCF Capital = $19.6363 rounded off to $19.64
Price of TAYC Capital = 1.94 / 0.11
Price of TAYC Capital = $17.6363 rounded off to $17.64
If a one-year bond has a face value of $5,000 and is sold for $4,500, what is the interest rate on the bond?
Answer:
11.1%
Explanation:
The face value is $5000
It is sold for $4,500
Therefore the interest rate of this bond can be calculated as follows
$5000-$4500
= 500
500/4500 × 100
= 0.111 × 100
= 11.1%
Hence the interest rate is 11.1%
Feeling "He who does the work of the King ought to be King," Pope Zacharias helped whom become King of the Franks in 751?
a. Charles Martel
b. Childeric
c. Pepin the Short
Answer:
(C) Pepin The Short
Explanation:
In 741AD, Pepin took over from his father as Mayor of the Palace. He ruled alongside his elder brother.
In 743AD, Pepin and his brother chose Childeric to be the apparent King of the Franks. Both brothers still wielded the functional power to the throne. Childeric was just to 'appear to be' the King (unknown to him though).
In 747AD, Pepin's brother stepped down (intentionally and on his own accord). Pepin then became the only ruler of the entire Frankish territory.
In 751AD, Pepin, without full support from his clan, lured Childeric into monastery in order to remove him as the 'face of Francia'.
Pope Zacharias helped Pepin to be proclaimed King of the Franks, against all opposition.
Assuming a 360 day year, the interest charged by the bank at the rate of 6%, on a 90 day discounted note payable of 100,000 is:_______.A. $6,000 B. $1,500 C. $ 500 D. $ 3,000
Answer:B. $1,500
Explanation:
Interest revenue is money earned when an entity or individual loans money to another. it can also be regarded as money accrued from investments. IT is calculated as
Interest Revenue = Principal x Rate x Time
= $100,000 x 6% x 90/360
= $100,000 x 0.06 x 0.25
= $1,500
Therefore the interest charge by the bank is $1500.
Romboski, LLC, has identified the following two mutually exclusive projects:Year Cash Flow (A) Cash Flow (B)0 58,000 58,000 1 34,000 21,200 2 28,000 25,200 3 20,000 30,000 4 13,600 25,200Requirement1:a) What is the IRR for each of these projects? (Do not round intermediate calculations. Enter your answer as a percentage roundedto 2 decimal places (e.g., 32.16).)(b) If you apply the IRR decision rule, which project should the company accept?Requirement 2:(a) Assume the required return is 14 percent. What is the NPV for each of these projects? (Do not round intermediate calculations.Round your answers to 2 decimal places (e.g., 32.16).)(b) Which project will you choose if you apply the NPV decision rule?Requirement 3:(a) Over what range of discount rates would you choose Project A? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)(b) Over what range of discount rates would you choose Project B? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)(c) At what discount rate would you be indifferent between these two projects? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)
Answer:
Year Cash Flow (A) Cash Flow (B)
0 -58,000 -58,000
1 34,000 21,200
2 28,000 25,200
3 20,000 30,000
4 13,600 25,200
Requirement 1:
a) What is the IRR for each of these projects?
using an excel spreadsheet and the IRR function:
Project A's IRR = 28.3%
Project B's IRR = 25.7%
(b) If you apply the IRR decision rule, which project should the company accept?
Project A (its IRR is higher)
Requirement 2:
(a) Assume the required return is 14 percent. What is the NPV for each of these projects?
using an excel spreadsheet and the NPV function:
Project A's NPV = $14,921.37
Project B's NPV = $15,156.64
(b) Which project will you choose if you apply the NPV decision rule?
Project B (its NPV is higher)
Requirement 3:
(a) Over what range of discount rates would you choose Project A?
higher than 14.85%
(b) Over what range of discount rates would you choose Project B?
lower than 14.85%
(c) At what discount rate would you be indifferent between these two projects?
crossover rate calculation
Year Cash Flow (A) Cash Flow (B) differential amount
0 -58,000 -58,000 $0
1 34,000 21,200 $12,800
2 28,000 25,200 $2,800
3 20,000 30,000 -$10,000
4 13,600 25,200 -$11,600
using an excel spreadsheet and IRR function, the cross over rate = 14.85%
Despite Alisa’s request for a 7% wage increase for workers with seniority, Katherine flat out rejects the request and cites the fact that the company has a salary freeze for all employees. In this situation, Katherine is using which type of power to make this decision?
Answer:
Legitimate power.
Explanation:
Legitimate power is one that a person hold as a result of their position in an organisation.
They formally hold a position if authority that enables them exercise such power.
For example in the community the police has the authority to arrest law offenders.
This type of authority tends to be on official matters that have a set guideline.
In the given scenario Katherine rejects Alisa’s request for a 7% wage increase for workers with seniority and cites the fact that the company has a salary freeze for all employees.
The freeze is an official guideline in place within the organisation, and Katherine is enforcing it.
Assets Liabilities
1 Short-term consumer loans (one-year maturity) $150 1 Equity capital (fixed) $120
2 Long-term consumer loans 125 2 Demand deposits (two-year maturity) 40
3 Three-month Treasury bills 130 3 Passbook savings 130
4 Six-month Treasury notes 135 4 Three-month CDs 140
5 Three-year Treasury bond 170 5 Three-month bankers acceptances 120
6 10-year, fixed-rate mortgages 120 6 Six-month commercial paper 160
7 30-year, floating-rate mortgages (rate adjusted every nine months) 140 7 One-year time deposits 120
8 Two-year time deposits 40
$970 $970
Required:
Suppose that interest rates rise by 2 percent on both RSAs and RSLs. The expected annual change in net interest income of the bank is:______
Answer: $300,000
Explanation:
One year Rate Sensitive Assets (RSA) = Short term consumer loans (one year maturity) + Three month treasury bills + Six month treasury notes + 30 year floating rate mortgages ( rate adjusted every nine months)
= 150 + 130 + 135 + 140
= $555 million
One Year Rate Sensitive liabilities (RSL) = Three month CDs + Three month bankers acceptances + Six month commercial paper + One year time deposits
= 140 + 120 + 160 + 120
= $540 million
RSA - RSL = 555 - 540 = $15 million
Change in interest income = Difference between RSA and RSL * change in interest rates
= 15,000,000 * 2%
= $300,000
Knowledge Check 01 An unfavorable variance of $5,000 in cost of goods sold is determined by comparing the actual results (10,000 units) and the flexible budget (10,000 units). What type of variance is described?a. Activity variance b. Spending variance c. Revenue variance
Answer:
The correct option is b. Spending variance.
Explanation:
Spending variance can be described as the difference between the actual cost and budgeted cost at the actual activity level.
Since cost of goods sold (COGS) is the direct costs incurred to produce the goods that is sold by a firm, it therefore implies that the amount of variance in cost of goods sold can be determined by comparing the actual results and the flexible budget at the actual activity level or actual units.
Based on the explanation above, the correct option is b. Spending variance. That is, Spending variance is an unfavorable variance of $5,000 in cost of goods sold is determined by comparing the actual results (10,000 units) and the flexible budget (10,000 units).
(Cost of debt) Sincere Stationery Corporation needs to raise $500,000 to improve its manufacturing plant. It has decided to issue a $1,000 par value bond with a 14 percent annual coupon rate and a 10-year maturity. The investors require a 9 percent rate of return. a. Compute the market value of the bonds. b. What will the net price be if flotation costs are 10.5 percent of the market price?
Answer:
a. $1,320.88
b. $1,182.19
Explanation:
The computation is shown below:
a. For market value of the bond
Given that
Rate = 9%
NPER = 10
PMT = $1,000 * 14% = $140
FV = $1,000
The formula is shown below:
= -PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula, the present value is $1,320.88 i.e. equivalent to the market value of the bonds
b. Now the net price be
= Market price × (1 - flotation cost)
= $1,320.88 × (1 - 0.105)
= $1,182.19
A produce distributor uses 776 packing crates a month, which it purchases at a cost of $9 each. The manager has assigned an annual carrying cost of 36 percent of the purchase price per crate. Ordering costs are $31. Currently the manager orders once a month. How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "$" sign in your response.) Savings $_________ per year
Answer:
$261.42
Explanation:
economic order quantity (EOQ) = √(2SD/H)
S = cost per order = $31
D = annual demand = 776 x 12 = 9,312
H = holding cost = $9 x 36% = $3.24
EOQ = √[(2 x $31 x 9,312) / $3.24] = √178,192.59 = 422.13 ≈ 422
total ordering and holding costs considering EOQ:
ordering costs = (9,312 / 422) x $31 = $684.06
holding costs = $3.24 x (422/2) = $683.64
total = $1,367.70
current costs:
ordering costs = $31 x 12 = $372
holding costs = $3.24 x (776/2) = $1,257.12
total = $1,629.12
annual savings = $1,629.12 - $1,367.70 = $261.42
What is the line manger
Answer:
it a person that is in line to be the nexted manger
Explanation:
Company A provides corn to Company B to make into corn syrup. Company B sells its corn syrup to Company C, who makes ice cream for sale at Company D. Company D is a ___________ in the supply chain of ice cream.
A. tier 2 supplier
B. tier 1 supplier
C. retailer
D. manufacturer
Answer: C. retailer
Explanation:
Company D is a retailer because retailers are the ones that sell the final product and from the scenario depicted, the final product is ice cream and therefore it being sold by Company D makes them the retailer.
Tier 2 suppliers supply raw materials so that is company A. Tier 1 process raw materials so that is Company B and the manufacturer is evidently Company C which made the ice cream to be sold by D.
Charles goes to Gamestop with only $50. They have the new Call of Duty for
$49.99 or a sale on controllers for $35. Since the controller was on sale, he
decides to buy it.
Answer:
Opportunity cost of call of duty = $14.99 (Negative effect)
Explanation:
Given:
Cost of call of duty = $49.99
Cost of controller = $35
Find:
Opportunity cost of call of duty
Computation:
Opportunity cost of call of duty = Cost of call of duty - Cost of controller
Opportunity cost of call of duty = $49.99 - $35
Opportunity cost of call of duty = $14.99 (Negative effect)
Mesa Corp. allocates overhead to production on the basis of direct labor costs Mesa's total estimated overhead is $450,000 and estimated direct labor is $180,000. Determine the amount of overhead to allocated to finished goods inventory if there is $20,000 of total direct labor cost in the cost in the jobs in the finished goods inventory. A. $8,000 B. $20,000 C. $70,000 D. $50,000 E. $90,000
Answer:
The correct option is D. $50,000.
Explanation:
This can be calculated using the following formula:
Overhead allocated to finished goods inventory = (Total direct labor cost in the cost in the jobs in the finished goods inventory / Estimated direct labor) * Total estimated overhead ................. (1)
Where;
Total direct labor cost in the cost in the jobs in the finished goods inventory = $20,000
Estimated direct labor = $180,000
Total estimated overhead = $450,000
Substituting the values into equation (1), we have:
Overhead allocated to finished goods inventory = ($20,000 / $180,000) * $450,000 = 0.111111111111111 * $450,000 = $50,000
Therefore, the correct option is D. $50,000.