To calculate the initial cost of the project, including the flotation costs, we need to consider the cost of equity and the cost of debt based on the debt-equity ratio. Therefore, the initial cost of the project, including the flotation costs, is approximately $272,256.
Let's assume the total initial cost of the project is C. The equity portion of the project's initial cost is given by C_equity = C * (1 - Flotation cost_equity). The flotation cost for equity is 9.1%, so Flotation cost_equity = 0.091. Therefore, C_equity = C * (1 - 0.091). The debt portion of the project's initial cost is given by C_debt = C * (1 - Flotation cost_debt). The flotation cost for debt is 4.4%, so Flotation cost_debt = 0.044. Therefore, C_debt = C * (1 - 0.044).
Since the debt-equity ratio is 0.45, we have the following relationship: C_debt / C_equity = 0.45.
Substituting the expressions for C_debt and C_equity, we can solve for (C * (1 - 0.044)) / (C * (1 - 0.091)) = 0.45.
Simplifying the equation, we find:
(1 - 0.044) / (1 - 0.091) = 0.45.
Solving for C, we get C = $272,256.
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The adjusted trial balance of corporation at december 31 shows that sales revenue for the year was and other revenue was. Cost of goods sold for that same period was , while other expenses totaled. The corporation declared and paid dividends of during the year. The balance of retained earnings before closing entries was
The record of the entry to close out the revenue accounts will be as debit sales revenue (525,000), debit other revenue (57,000), and Credit Retained (582,000).
Revenue accounts' debit entries cover sales-related allowances, discounts, and refunds. Credits boost the balance while debits lower the net revenue in revenue-type accounts via the returns, discounts, and allowance accounts. ADVANCE KNOWLEDGE.
Debit entries indicate a decline in the revenue accounts in the income statement, whereas credits indicate an increase in the account. The foundation of double-entry accounting is the idea of debits and offsetting credits.
Retention Credit is the sum indicated in the applicable Participant's Retention Agreement that will be credited to the Participant's Retention Account as a "Deferred Compensation Account" (as that term is defined in the applicable Retention Agreement).
Businesses that kept paying staff while closed due to the COVID-19 epidemic or saw severe drops in gross receipts from March 13, 2020, to December 31, 2021, are eligible for the Employee Retention Credit (ERC), a refundable tax credit.
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NOTE: The question given on the portal is incomplete. Here's the complete question:
QUESTION: The adjusted trial balance of Arctic Corporation at December 31 shows that sales revenue for the year was $ 525,000 and other revenue was $ 57,000. Cost of goods sold for that same period was $ 265,000, while other expenses totaled $ 195,000. The corporation declared and paid dividends of $ 10,000 during the year. The balance of retained earnings before closing entries was $ 490,000. Record the entry to close out the revenue accounts.
1. Bridget Jones has a contract in which she will receive the following payments for the next five years: $7,000, $8,000, $9,000, $10,000, and $11,000. She will then receive an annuity of $13,000 a year from the end of the 6th through the end of the 15th year. The appropriate discount rate is 12 percent.
a. What is the present value of all future payments? Use Appendix B and Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
Bridget Jones has a contract in which she will receive the following payments for the next five years: $7,000, $8,000, $9,000, $10,000, and $11,000 and an annuity of $13,000 a year from the end of the 6th through the end of the 15th year.
Appropriate discount rate = 12%To calculate the present value of all future payments, we need to calculate the present value of all the cash flows separately, then add all the present values together and calculate the sum.
Present value of a single sum:
We have to find the present value of the following cash flows. $7,000, $8,000, $9,000, $10,000, $11,000, and $13,000 for the next 10 years using a 12% discount rate.
To find the present value of the cash flows, use the formula: PV = FV / (1 + r)n Where PV = present value = future value of the cash flow r = discount rate n = a number of years.
In our case, the present values of the cash flows would be: $5,982.14$6,083.69$6,125.12$6,300.80$6,539.45$71,045.05
Summing these, we get the present value of all single payments equal to $92,076.19.
Present value of an annuity: Now, we have to find the present value of an annuity of $13,000 for the next 10 years using a 12% discount rate.
To calculate the present value of the annuity, use the formula: PV = PMT x [1 - (1 / (1 + r)n)] /r where PV = present value PMT = Payment r = discount rate n = a number of years Using the given values, we get the present value of the annuity is $6,000.00
Therefore, the total present value of all future payments is the sum of the present values of the single payment and annuity:$92,076.19 + $6,000.00 = $98,076.19Therefore, the present value of all future payments is $86,076.19.Conclusion: The present value of all future payments is $86,076.19.
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At Frank's company, the strength of the organizational structure is that the results are based on
the effectiveness of the managers, but its main weakness is costs can be increased due to a
decrease in efficiency. This is an example of which structure?
Osimple
O functional
O divisional
O matrix
Answer:
divisional
Explanation:
-A simple structure s a structure in which there is little specialization and there is a central authority that controls everything and has the power.
-Functional structure is a structure in which a company is divided in groups according to specialized activities. Because of this specialization, companies with this structure can increase productivity but the communication is rigid and the cooperation between departments is difficult.
-Divisional structure is a structure in which there are different divisions and each one concentrates on a specific product or service and has all the functions and resources for that. This structure can create inefficiencies because the specialized functions are separated but the results of one division don't affect the other ones.
-Matrix structure is a structure in which employees report to more than one manager and it is used in companies that have different lines to have more flexibility and increase productivity.
According to this information and the statement, the answer is that this is an example of divisional stucture because in this structure each division has its own resources and specialized functions and because of that the results are based on the effectiveness of the managers but as each division has its own specialized functions, this creates inefficiencies.
Which part of effective leadership deals with maintaining equity?
Answer:
the part where you have to lead
Explanation:
Federal Income Taxes
6. Find the tax for each exercise. Use the tax table to do these exercises.
Taxable Income
Filing status
$13,585
$13,800
$13,978
$23,049
$23,200
2.
b.
C.
d.
e.
Single
Married filing jointly
Head of household
Married filing separately
Married filing jointly
Tax
The federal profits tax prices continue to be unchanged for the 2021 and 2022 tax years: 10%, 12%, 22%, 24%, 32%, 35% and 37%. The profits brackets, though, are adjusted barely for inflation. Read on for extra about the federal profits tax brackets for Tax Year 2021 (due April 15, 2022) and Tax Year 2022 (due April 15, 2023).
What is the distinction between income tax and federal tax?Federal earnings taxes are gathered by the federal government, while country profits taxes are accrued by means of the individual state(s) where a taxpayer lives and earns income. (It can get problematic if you stay in one state and work in another, which has took place extra frequently at some stage in the pandemic.)
The top 50 percent of all taxpayers paid 97 percentage of all individual earnings taxes, whilst the backside 50 percent paid the ultimate 3 percent. The top 1 percentage paid a higher share of individual profits taxes (38.8 percent) than the backside 90 percent blended (29.2 percent).
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https://brainly.com/question/1593514#SPJ9If the value of the goods and services a country produces increases while its
population stays the same, which statement must be true?
A. The country's unemployment rate has decreased.
B. The country's total GDP has decreased.
C. The country's per capita GDP has increased.
D. The country's rate of inflation has increased.
If the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."
This is based on the idea that per capita GDP is a form of GDP measure that divides the total GDP, particularly a country with the population or number of people living in that country.
Therefore, when the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."
Hence, in this case, the correct answer is option C. "the country's per capita GDP has increased."
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Answer: The country's per capita GDP has increased. So "C" is right.
Explanation: Just took the quiz
Which of the following is not a common chain for a product to move from manufacturer to consumer?
direct to the consumer through direct mail advertising
manufacturer sells to wholesaler who then sells to retail stores who then sell to consumers
manufacturer sells to distributor who sells to the general public
manufacturer sells directly to select retailers who then sell to consumers
The option that is not a common chain for a product to move from manufacturer to consumer is: "manufacturer sells to a distributor who sells to the general public."
Typically, distributors sell to retailers or other businesses, not directly to the general public.
The other three options are more common in product distribution:
Direct to the consumer through direct mail advertising: In this model, manufacturers reach consumers by sending advertisements or catalogs, encouraging them to buy products directly from the manufacturer.A manufacturer sells to the wholesaler who then sells to retail stores who then sell to consumers: This is a traditional supply chain model where manufacturers sell products to wholesalers, who then distribute them to retail stores, where consumers can make their purchases.Manufacturer sells directly to select retailers who then sell to consumers: In this model, manufacturers bypass wholesalers and sell their products directly to select retailers, which then sell to consumers. This approach is often used for niche or high-quality products, allowing manufacturers to maintain greater control over the distribution process.Thus, a distributor would sell to retailers or wholesalers, rather than directly to the general public. The other three options involve direct-to-consumer sales, sales through wholesalers to retailers, and sales directly to select retailers, which are all common distribution channels in the market.
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fellow members of the pleasant valley town council, we must decide today whether to fire our police chief, larry lucas. as you know, it was recently discovered that after attending a law enforcement training course in new orleans, chief lucas stayed an extra day and charged the cost of his hotel room to his expense account. no one objects to the chief spending an extra day in new orleans, but of course he must pay for it out of his own pocket, and not out of the budget of the town police department. whether an intentional or accidental misuse of department funds, this is a serious mistake, and one that we cannot tolerate in our town’s chief of police. thus i believe we must fire chief lucas. now, earlier you heard council member zack zuriff argue that chief lucas should not be fired. zack argued that chief lucas has been a good and honest police chief for 12 years, and that this mistake in filling out his expense account was merely an accounting error and not an intentional wrong, that chief lucas immediately reimbursed the department for the cost of the hotel room as soon as he recognized his error, and that such a small mistake does not justify the dismissal of a person with such a long and outstanding record. but i’m afraid we can’t give much weight to zack’s argument for keeping the chief. after all, zack and chief lucas have been friends since their high school days, and zack is obviously offering his argument out of loyalty to his friend. certainly it is heartwarming to see a friend like zack stick by his comrade through adversity. such loyalty is rare and wonderful. however, once we recognize that zack’s argument is merely the support of a loyal friend, it is clear that we should not take it seriously.
In considering whether to fire Police Chief Larry Lucas, it is important to focus on the issue at hand. Chief Lucas charged the cost of his extra hotel day in New Orleans to his expense account, which is an inappropriate use of department funds. Regardless of whether it was intentional or an accounting error, such a misuse of funds cannot be tolerated in a police chief. Therefore, it is necessary to dismiss Chief Lucas.
While Council Member Zack Zuriff argued for retaining Chief Lucas based on his long and commendable service, it is important to evaluate the argument objectively. As Zack and Chief Lucas have a long-standing friendship, it is natural for Zack to support his friend. However, loyalty should not overshadow the seriousness of the situation. Chief Lucas's mistake demonstrates a lack of judgment and responsibility in managing department funds, and the loyalty between Zack and Chief Lucas should not be a determining factor in this decision-making process. The focus should remain on maintaining the integrity and accountability of the town's leadership.
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Which type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost?.
The type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost is: Private Fee-for-Service (PFFS), Medicare Supplement Insurance Plan.
What is medicare advantage plan?Medicare advantage plan can be defined as a health insurance coverage plan that help to cover the medical costs of people under the plan.
The type of Medicare advantage plan that also covers some benefits out-of-network are:
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You are a first line supervisor (Sergeant) in a mid-sized municipal police department. You
supervise a shift of one Corporal and 7 Officers working a 10 hour – 4 day per week shift. Your
team covers the entire city from Sunday through Wednesday between the hours of 6 PM and 4
AM. As one of several suburbs of a much larger city, your city has moderate crime statistics and
is diverse in race and culture, diverse in income levels, and consists of both residential and
commercial properties. Because of a good school system and the proximity to your neighboring
large city, your city is growing and is attracting many families choosing to move to your area.
Your department appears to be viewed by the public as proactive and community oriented. Your
agency budget is average when compared to surrounding suburban departments with salary,
equipment, and training rated as average when compared to the same departments. There is a
moderate rate of turnover in your department with most officers that leave moving to larger
departments with better pay.
The Chief has assigned each of the 4 Sergeants (you are one of them) to develop a suggestion
that will improve morale among the officers working within the department. The suggestion
must include information about the issue that is being addressed, an explanation of why it is an
issue, a plan to resolve the issue, a plan to implement the suggestion in the department, and
anticipated results and/or problems that may come with implementation of the suggestion. If the
implementation of the suggestion will impose additional cost to the department budget, this must
be justified and ideas on how to justify the request for additional funding should be included.
Your research paper will be the presentation of your research, ideas, suggestions, justification,
implementation, and anticipated results. This should be a program/idea that will increase the
morale of your entire agency and in turn should help the city you serve with better service and
better community relations. You must sell this not only to your officers and administration, but
also the elected officials and the public.
You may base your presentation on a particular department or the average department described
above. When pulling data it will probably be much more beneficial to you if you have at least
one actual department from which to base your existing standards.
It is important to improve the morale of police officers. In order to do so, a plan that is practical and beneficial to the department, officers and public needs to be implemented.
As a first line supervisor (Sergeant) in a mid-sized municipal police department, there is a need to improve the morale of police officers. Improving morale is essential to increase productivity, performance, job satisfaction and job retention. With a moderate rate of turnover, it is important to create an environment that motivates officers to stay in the department.
To develop a suggestion that will improve morale among the officers, the issue of low morale must be addressed. One of the reasons that low morale exists among officers is the feeling of being undervalued, overworked and unappreciated.
A plan to resolve this issue can be the implementation of an incentive program. This program can be in the form of a reward system where officers are recognized and rewarded for their achievements. The implementation of this program can be done by identifying the metrics for rewards, the reward system, and the communication of this program to officers and the public. The anticipated results of this program can be a boost in morale, increased motivation, improved job satisfaction, reduced turnover rate, and improved community relations.
To justify the implementation of this program and request for additional funding, a cost-benefit analysis should be conducted to identify the financial benefits of this program. This program can be sold to officers, administration, elected officials, and the public by creating a campaign that highlights the benefits of the program to all stakeholders.
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In the acronym SMART, what does the “M” stand for?
Material
Mental
Maintainable
Measurable
Answer:
measurable
Explanation:
defining a hypothesis
Illustrate and discuss the Material Management Process in the
SAP.
Material Management (MM) in SAP refers to the procurement process and supports all aspects of material management like purchasing, goods receiving, material storage, and inventory management. It also helps in managing material master data and vendor master data.
Let us discuss the Material Management Process in SAP in detail: 1. Master Data Management: In this stage, the material master data is created and maintained. The material master data is necessary for purchasing, receiving, and managing inventory.
2. Purchase Requisition: It is created to notify the Purchasing department about the requirements of a material or service. The Purchase Requisition triggers the procurement process.
3. Request for Quotation (RFQ): It is sent to potential suppliers to get the best quotation for the required materials.
4. Purchase Order: After analyzing the received quotations, the Purchasing department creates a Purchase Order and sends it to the selected supplier.
5. Goods Receipt (GR): It is the process of receiving goods from the vendor. It is done against a Purchase Order and updates the stock level.
6. Invoice verification: After the goods are received, the vendor sends the invoice. The Accounting department verifies the invoice and sends it to the Purchasing department for payment.
7. Payment: After invoice verification, the payment is released to the vendor. This completes the procurement process.
Material Management (MM) is a module of SAP ERP that supports all aspects of material management like purchasing, goods receiving, material storage, and inventory management. The material master data is created and maintained in the Master Data Management stage, and the procurement process starts with the creation of a Purchase Requisition.
The process continues with the Request for Quotation (RFQ), Purchase Order, Goods Receipt (GR), Invoice Verification, Payment, and completes with the procurement process.
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Which of the following is an example of foreign direct investment?
A company sells supervisory seminars to train computer managers in developing countries.
The Continental Wire Company buys real estate in New Zealand for future use as a factory site.
A motor vehicle manufacturer creates a new department within the company to sell its cars and trucks in other
countries
A medical supply company in the United States and a hospital in Turkey unite to create a new business.
Explanation:
A company sells supervisory seminars to train computer managers in developing countries.
The Continental Wire Company buys real estate in New Zealand for future use as a factory site.
This might be the Example.
What is meant by 'internal communication'
Answer:
Internal Communication is a Function responsible for effective communications among participants within an organization. The scope of the function varies by organization and practitioner, from producing and delivering messages and campaigns on behalf of management, to facilitating two-way dialogue and developing the communication skills of the organization's participants.
At the beginning of every shift, Cody records the amount of pizza sauce in inventory. At the end of every shift, he records the number of pizzas made and the amount of pizza sauce left in inventory. Why would he do this?A) So he can determine if employees are taking sauce home.B) So he can compare the quantity used with the budgeted amount.C) So he will know how much pizza sauce to order.D) So he will know how many customers visited his pizza parlor during his shift.
Answer:
B) So he can compare the quantity used with the budgeted amount
Explanation:
For a business to keep making profit it needs to ensure that the amount of materials it is using in its production process is within a defined limit. So it sets up a budget to guide the amount of raw materials to be used.
In this scenario Cody records the amount of pizza sauce in inventory. At the end of every shift, he records the number of pizzas made and the amount of pizza sauce left in inventory.
This is done to compare quantity of raw materials used to the given budget of the business.
This check will make sure that the business stays profitable.
Vendors provide restaurants with what?
OA
cooked items
OB.
raw materials
Oc.
furniture
OD.
menu recipes
Answer:
raw materials
Explanation:
putting a bold disclaimer at the front of the handbook that says it is not a contract and requiring employees to sign the disclaimer is an attempt by businesses to:
Putting a bold disclaimer at the front of the handbook that says it is not a contract and requiring employees to sign the disclaimer is an attempt by businesses to protect themselves from being found to create an implied contract.
The implied contract refers to a legal obligation occurring due to the action, behavior, or situation of the parties involved in that contract. It is considered legal just like any other contract created legally and voluntarily between the parties.
The implied contract does not require any verbal or written confirmation between the parties involved in it. In some circumstances, it is difficult to enforce an implied contract due to a lack of evidence.
The underlying principles in an implied contract are based on fair play, where no party gets an undue advantage or benefit at the loss of the other party.
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3- Use the following data to answer the questions below:
Category
Billions of Dollars
Consumption $200
Investment $ 50
Government Spending $ 60
Exports $ 70
Imports $ 80
Depreciation $ 10
Foreign Factor Income $ 10
Please answer in whole numbers.
a. How much is net exports? $
b. How much is net investment? $
c. How much is GDP? $
d. How much is Net Domestic Product? $
e. How much is National Income?$
Explanation:
a. Net exports = Exports - Imports = $70 - $80 = -$10 b. Net investment = Investment - Depreciation = $50 - $10 = $40 c. GDP = Consumption + Investment + Government Spending + Net Exports = $200 + $50 + $60 - $10 = $300 d. Net Domestic Product = GDP - Depreciation = $300 - $10 = $290 e. National Income = Net Domestic Product + Foreign Factor Income = $290 + $10 = $300
Globalization naturally leads to firms following each other around the world, which then _____.
Greater access to more expansive global markets is made possible by globalization for businesses in less developed nations. As a result, companies operating in emerging nations have more access to capital markets, technology, human capital, less expensive imports, and bigger export markets.
Globalization is the process by which there are continuously expanding and developing flows of ideas, people, goods (both capital and consumer), services, capital, information, and everything else that ultimately results in the fusion of economies and societies and brings prosperity and advantages to participating nations. Companies are encouraged by globalization to internationalize as well as to significantly increase the amount and variety of cross-border transactions involving capital, goods, and services. The rapid distribution of products, technologies, and information around the world is another effect of globalization.
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You invest $100 into a CD offering 5% APR with semi-annual compounding (i.e., two times per year).
How much money will you have in the account after 1 year?
118.54
120.00
105.06
125.32
When you invest $100 into a CD offering 5% APR with semi-annual compounding (i.e., two times per year), the amount of money you will have in the account after one year can be calculated using the following formula: A = P (1 + r/n)^(n*t)
Where: A = the amount of money you will have in the account after one year P = the principal, which is $100 r = the annual interest rate, which is 5% or 0.05n = the number of times interest is compounded per year, which is 2t = the time period, which is 1 year
Plugging in the values, we get:
A = $100 (1 + 0.05/2)^(2*1)
= $100 (1 + 0.025)^2
= $100 (1.025)^2
= $100 (1.050625)
= $105.06
After one year, you will have $105.06 in the account.
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The engineers at Apple discovered that the MacBook could explode if it fell from a height of over 10 feet. The most ethical decision that Apple world make is to: a) Conduct a cost-benefit analysis to determine whether it would e nore costly to change the design or pay victims. b) Take responsibility and fix the design, even if it costs then money. c) Do nothing, as it is the customer's own fault if they drop the product. d) Blame the customer for being careless, and avoid responsibility. e) None of the above
The most ethical decision that Apple could make is to take responsibility and fix the design, even if it costs them money. The correct answer is option b.
This is because a company has a moral and ethical obligation to ensure that its products are safe for use and do not pose any harm or danger to its users.
Apple's discovery of the potential for the MacBook to explode when dropped from a certain height indicates that the product has a design flaw that needs to be addressed. Failing to take responsibility and fix the design would be unethical, as it would put customers' safety and well-being at risk.
Conducting a cost-benefit analysis, blaming the customer, or doing nothing would also be unethical and prioritize financial gain over customer safety.
The correct answer is option b.
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How could a mixed economy incorporate aspects of both market and command
economic strategies to maintain their associated benefits?
Answer:
It's a magnificent combination of capitalism and socialism.
Explanation:
A mixed economic structure safeguards private property and enables for a degree of economic independence in the usages of resources and also requires governments to intervene in economic initiatives to achieve social objectives. Although the market forces make a decision on costs, demand, supply, etc., there is some government involvement to avoid monopolistic practices and institutional discrimination. There is the independence of economic operation and government involvement with social security under this scheme.
discuss the importance of using the appropriate leadership style to influence employee engagement and performance.
Situational leadership theory is a method that determines the appropriate leadership style for a given situation based on a number of factors.
Situational leaders adjust their leadership philosophies in reaction to the workforce's aptitude and level of dedication. Situational leadership is a flexible leadership style that attempts to maximize employee potential while meeting organizational objectives or deadlines. The leadership style used by each organization is essential since it affects both employee productivity and operational efficiency. The situational leadership theory states that when leaders' styles alter through time, people develop and sharpen their work skills. In other words, situational leaders adapt their style of leadership to suit the needs of their team and the organization. In order to effectively manage your staff, you should understand situational leadership theory.
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what statement best illustrates an example of economic specialist
Blossom Appliances Corporation has reported its financial results for the year ended December 31, 2017. Blossom Appliances Corporation Income Statement for the Fiscal Year Ended December 31, 2017 Net sales $6,492,712,000 Cost of goods sold 3,390,963,940 Gross profit $3,101,748,060 Selling general, and administrative expenses 983.558,423 Depreciation 292.671.116 Operating income $1,825,518,521 Interest expense 40,099,500 EBT $1,785,419,021Income taxes 473.184,956 Net earnings $1,312,234,065 Calculate these liquidity ratios: current and quick ratios. (Round answers to 2 decimal places, eg. 12.25.) Liquidity Ratios Current Ratio ______times Quick Ratio______ times Calculate these coverage ratios: times interest earned cash coverage. (Round answers to 2 decimal places, eg, 12.25.) Coverage Ratios Times interest earned ________ times Cash coverage ______times
The liquidity ratios are 4.46 times for the current ratio and 4.25 times for the quick ratio. The coverage ratios are 44.47 times for the times interest earned ratio and 51.69 times for the cash coverage ratio.
Current Ratio = Current Assets / Current Liabilities
Current Assets = Net Sales
Current Liabilities = Selling, general and administrative expenses + Current portion of long-term debt + Income taxes payable
Current Liabilities = $983,558,423 + $0 + $473,184,956
Current Ratio = $6,492,712,000 / $1,456,743,379
Current Ratio = 4.46 times
Quick Ratio = (Current Assets - Inventory) / Current Liabilities
Inventory = Cost of goods sold - Gross profit
Inventory = $3,390,963,940 - $3,101,748,060
Inventory = $289,215,880
Quick Ratio = ($6,492,712,000 - $289,215,880) / $1,456,743,379
Quick Ratio = 4.25 times
Times Interest Earned = Earnings Before Taxes / Interest Expense
Times Interest Earned = $1,785,419,021 / $40,099,500
Times Interest Earned = 44.47 times
Cash Coverage = (Earnings Before Taxes + Depreciation) / Interest Expense
Cash Coverage = ($1,785,419,021 + $292,671,116) / $40,099,500
Cash Coverage = 51.69 times.
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find the total balance of each investment account earning simple annual interest. a: $624 at 5or 3 years b: $4,120 at 7or 18 months c: $900 at 3.1or 6 months d: $275 at 4.8or 8 years
A simple interest investment account only considers the principal amount and the rate of interest to calculate the interest earned on an account. The total balance of the investment account earning simple annual interest is given below:
a) $624 at 5% or 3 yearsSimple interest = (P × R × T) / 100Where,P = Principal amountR = Rate of interest per annumT = Time in yearsSimple Interest = (624 × 5 × 3) / 100 = $93.6Total balance = Principal amount + Simple Interest= $624 + $93.6 = $717.6
b) $4,120 at 7% or 18 monthsSimple Interest = (P × R × T) / 100Where,P = Principal amountR = Rate of interest per annumT = Time in yearsSimple Interest = (4,120 × 7 × (18 / 12)) / 100 = $541.2Total balance = Principal amount + Simple Interest= $4,120 + $541.2 = $4,661.2
c) $900 at 3.1% or 6 monthsSimple Interest = (P × R × T) / 100Where,P = Principal amountR = Rate of interest per annumT = Time in yearsSimple Interest = (900 × 3.1 × (6 / 12)) / 100 = $27.9Total balance = Principal amount + Simple Interest= $900 + $27.9 = $927.9
d) $275 at 4.8% or 8 yearsSimple Interest = (P × R × T) / 100Where,P = Principal amountR = Rate of interest per annumT = Time in yearsSimple Interest = (275 × 4.8 × 8) / 100 = $105.6Total balance = Principal amount + Simple Interest= $275 + $105.6 = $380.
In simple interest, the interest is computed only on the principal amount. Simple interest is calculated by multiplying the principal amount, the annual rate of interest, and the time period together. Simple interest is only computed once, whereas compound interest is computed numerous times over the life of an investment. When interest is charged on the original principal amount, simple interest is typically used in short-term financing. It is determined by multiplying the principal amount by the interest rate and the period of time over which it is charged. If you need to calculate the balance of a simple interest account, you need to add the principal amount and the interest earned on the principal amount for the specified period.
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Which type of stock price adjustment time path occurs when there is a bubble (price run up) in the path followed by a decline after the market receives information about the stock
Answer:
Overreaction and correction
Explanation:
Stock overreaction can be defined as the difference between the lowest price of stocks as a result of an event; e.g an election; and the price of the stocks after the event, after a period of time.
Stock correction on the other hand can be defined as a 10% or more decrease or decline in the value of an the financial market.
Each of stock overreaction and correction have causative events, as those events are the determinants of the change in the prices of stocks during the said time.
For stock price correction, it usually occurs as a result of economic issues. Stock correction can take from weeks to months to happen and it can have a damaging effect on stocks on the short term but could actually be good for the stock prices if the correction occurs over a longer period of time.
Stock price overreaction, as seen from the definition, can be caused by an election or an event within the floor of teh stock exchange which excites stocks at that period.
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John from sales has just sent you an e-mail. He needs a decision made on the Johnson account as soon as possible. You can make the decision, but you feel like you’d like to ask your boss for her advice. Unfortunately, she is in a business meeting, and the decision needs to be made very soon. You decide to take the initiative and ______.
a.
Interrupt your boss to make the decision
b.
Ask a coworker to make the decision
c.
Wait to make the decision
d.
Make the decision
Answer:
D. Make the decision
Explanation:
The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.
an offer that can only be accepted by an offere's performance creates a(n) __________________________ contract
Answer: unilateral contract
Explanation:
An unilateral contract is a contact that is formed when an individual offers to do a particular thing in return for either money or something else that was agreed on.
Once such individual does that thing, he or she has to be given what was agreed on in the contract. A typical example is the contact regarding an insurance policy.
Therefore, an offer that can only be accepted by an offere's performance will create a unilateral contact.
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