(a) The expected return of the portfolio is 10.25% (b) The weight of the stock is approximately 0.6825, and the weight of the risk-free asset is approximately (1 - 0.6825) = 0.3175 (c) The portfolio beta is approximately 0.9036. (d) The weight of the stock is approximately 1.9524, which implies a negative weight for the risk-free asset (1 - 1.9524) = -0.9524.
To solve these problems, we'll use the formula for the expected return on a portfolio:
Expected Return = (Weight of Asset 1 x Expected Return of Asset 1) + (Weight of Asset 2 x Expected Return of Asset 2)
a. Let's assume the portfolio is equally invested in the two assets. Therefore, each asset has a weight of 0.5. Using the given data, the expected return of the portfolio is:
Expected Return = (0.5 x 12.4%) + (0.5 x 4.1%) = 8.2% + 2.05% = 10.25%
b. We're given that the portfolio has a beta of 0.86. The formula to calculate the portfolio beta is:
Portfolio Beta = (Weight of Asset 1 x Beta of Asset 1) + (Weight of Asset 2 x Beta of Asset 2)
Let's assume the weight of the stock is x and the weight of the risk-free asset is (1 - x).
Plugging in the values:
0.86 = (x x 1.26) + ((1 - x) x 0)
Simplifying, we find:
0.86 = 1.26x
Solving for x:
x = 0.86 / 1.26 = 0.6825
The weight of the stock is approximately 0.6825, and the weight of the risk-free asset is approximately (1 - 0.6825) = 0.3175.
c. We're given that the portfolio has an expected return of 11.6%. Using the formula mentioned earlier and the given data, we can solve for the portfolio beta:
11.6% = (x x 12.4%) + ((1 - x) x 4.1%)
11.6% = 12.4x + 4.1 - 4.1x
7.5% = 8.3x
x = 7.5% / 8.3 ≈ 0.9036
d. We're given that the portfolio has a beta of 2.46. Using the formula mentioned earlier and the given data, we can solve for the portfolio weights:
2.46 = (x x 1.26) + ((1 - x) x 0)
2.46 = 1.26x
x = 2.46 / 1.26 ≈ 1.9524
The weight of the stock is approximately 1.9524, which implies a negative weight for the risk-free asset (1 - 1.9524) = -0.9524.
This negative weight indicates that the portfolio is short-selling the risk-free asset, which means borrowing and selling it to finance more of the stock investment.
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The prosecutor replies that the Bill of Rights does not protect you from state actions. Is the prosecutor correct? Why or why not
Answer:
I would say no, because the bill of rights refers to ALL Americans. I might be wrong tho.
A gene is considered to be dominant it mark ______
A. it is expressed only in homozygous state B. It is expressed only in heterozygous condition C. it is expressed both in homozygous and heterozygous condition D. it never expresses its effect in any condition
A gene is considered dominant if it is expressed both in homozygous and heterozygous condition. The correct answer is option C.
The term "dominant" in genetics indicates a type of gene that will always be expressed if present. When a dominant gene is present, it will always show up and mask any recessive genes that are also present. The recessive gene only shows up if the dominant gene is not present.
The expression of dominant genes in both homozygous and heterozygous conditions suggests that if an individual has either a homozygous or heterozygous condition, the dominant gene will be present in the offspring. As a result, both homozygous and heterozygous conditions are necessary for dominant genes to be present. An example of a dominant gene is brown eye color. Brown eyes are dominant over blue eyes.
Therefore, if an individual has one brown-eyed parent and one blue-eyed parent, they will have brown eyes because the brown eye color gene is dominant and always expressed. In a case where both parents have brown eyes, their child may have either brown or blue eyes, depending on whether or not they are carriers of the recessive blue eye color gene.
The answer, therefore, is option C.
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*entrepreneurship*
why it is important to adapt to the sudden changes in
your environment?
Because if your mining company gets flooded and you can't mine for a few years you have to be able to find new mines or sell you equipment, or even the mine it's self.
-A mine not producing, is a mine that's losing.
You can apply this to almost anything, but it's most prominent in evolution and Business. in Evolution you die, and in business, if you company is losing money it will die so you have to adapt to sudden changes to avoid imminent death.
Hope this helps.
-Trey Tucker
How much interest will an account earn if you deposited \( \$ 615 \) at the end of every six months for 10 years and the account earned \( 3.00 \% \) compounded semi-annually? Round to the nearest cen
A. The interest earned on the account can be calculated using the formula for compound interest.
B. The formula for compound interest is given by:
\[ A = P \left(1 + \frac{r}{n}\right)^{nt} - P \]
where:
- \( A \) is the final amount or balance in the account
- \( P \) is the principal amount or the initial deposit
- \( r \) is the interest rate (in decimal form)
- \( n \) is the number of compounding periods per year
- \( t \) is the number of years
In this case, the principal amount \( P \) is \$615, the interest rate \( r \) is 3.00% (or 0.03 in decimal form), the compounding periods per year \( n \) is 2 (since it is compounded semi-annually), and the number of years \( t \) is 10.
Substituting these values into the formula, we can calculate the final amount and then subtract the principal amount to find the interest earned.
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Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months.
The time it will take to increase the limit to $1,600 is 2.5 years, when the credit card has a credit limit of $1,000.
What is a credit card?A credit card is a payment card issued to users or cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt that is promised to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer usually a bank or credit union creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
A credit card is different from a debit card.
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Your question was incomplete, your full question probably was:
Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not increase your credit line more than 10% each 6-month period. Assuming they increase your limit each 6-month period by 10%, how long will it take to increase your limit to $1,600?
what does the level of savings in a country have to do with how much is invested in new production facilities
Answer:
I searched it up and this came up
Which of the following data are most likely following a long-term trend trajectory? A, Coffee drinkers B. Land-line phone users C. Stock prices D. Flu-related illnesses
Option (c), Stock prices are most likely following a long-term trend trajectory.
While all of the options may have short-term fluctuations, stock prices are most likely to follow a long-term trend trajectory due to various factors such as overall market trends, economic conditions, and company performance. This is because stock prices are influenced by various factors such as economic growth, political stability, and global events, which can affect the long-term trajectory of the stock market. Land-line phone users and coffee drinkers may have fluctuations over time, but they are not necessarily following a clear long-term trend. On the other hand, coffee drinkers and land-line phone users may be influenced by short-term fads or technological advancements. Flu-related illnesses may also have fluctuations but are not following a long-term trend trajectory as medical advancements and vaccination programs can greatly impact the number of flu cases in a given year.
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Which statement best describes the relationship between credit and debt
when you use a credit card?
A. Your debt decreases as you use your credit card more.
B. Your credit decreases as you lower your debt.
C. Your credit stays the same as you lower your debt.
D. Your debt increases as you use your credit card more.
Answer:
D. Your debt increases as you use your credit card more
When you make a purchase something with a credit card, you are borrowing money from someone else. This puts you in debt. You will build up more debt from purchases until you pay the total amount due.
Hope this helps :)
Your debt increases as you use your credit card more is the statement best describes the relationship between credit and debt when you use a credit card. Thus, option (d) is correct.
What is credit card?
A bank will issue plastic or metal "credit cards" as forms of payment. When using a credit card, also known as a payment card, charges are made against a line of credit instead of the account holder's cash deposits. The credit card is more convenient as compare to cash.
By using credit card more frequently, the debt grows. They must pay the minimum amount due on credit card each month by the balance's due date in order to use one, at least.
Therefore, option (d) is correct.
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Please, someone help me. :(
Answer:
All u have to do is graph the points from the table above
Explanation:
Indicate what impact the following transactions would have on the accounting equation, Assets = Liabilities + Equity. Transaction impact table Impact 1 Impact 2 Paid monthly note payment to bank Sold inventory on account Bought supplies, to be paid for next month Received cash from sales this month Paid for inventory purchased on account last month
Answer:
The impact of the transactions on the accounting equation, Assets = Liabilities + Equity, is as follows:
Paid monthly note payment to bank:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Bank Loan) decreases
Sold inventory on account:
Impact 1: Assets (Accounts Receivable) increases
Impact 2: Equity (Revenue) increases
Bought supplies, to be paid for next month:
Impact 1: Assets (Supplies) increases
Impact 2: Liabilities (Accounts Payable) increases
Received cash from sales this month:
Impact 1: Assets (Cash) increases
Impact 2: Equity (Revenue) increases
Paid for inventory purchased on account last month:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Accounts Payable) decreases
It is important to note that for each transaction, one side of the equation must increase and the other side must decrease in order to keep the equation in balance.
Explanation:
Why is Rent to Own a Rip Off?
Pqs reported equipment tk. 50,000 and tk. 35,000 respectively as on december 31, 2020, and december 31, 2019. the corresponding accumulated depreciation was tk. 12,000 and tk. 8,000. during 2020, pqs sold a piece of equipment for tk. 5,000 (associated accumulated depreciation was tk. 3,000) resulting in a loss of tk. 2,000. determine the following amounts for 2020. (a) depreciation expense. (b) equipment purchase.
The following amounts (Depreciation Expense and Equipment Purchase) for 2020 reported by Pqs are:
a) Depreciation Expense for the year is tk. 7,000.
b) Equipment Purchase for the year is tk. 25,000.
How is the depreciation Expense determined?The depreciation expense is the difference between the current year's accumulated depreciation and last year's accumulated depreciation.
The above holds when there is no disposal. However, with disposal, the value of the accumulated depreciation for the sold item should be factored into the computation.
Data and Calculations:December 31, 2020 December 31, 2019
Equipment tk. 50,000 tk. 35,000
Accumulated Depreciation tk. 12,000 tk. 8,000
Sale of equipment during 2020 = tk. 5,000
Accumulated Depreciation of sold equipment = tk. 3,000
Loss from the sale of the equipment = tk. 2,000
Cost of equipment = tk. 10,000 (5,000 + 3,000 + 2,000)
Increase in Accumulated Depreciation (Depreciation Expense) = tk. 7,000 (12,000 - 8,000 + 3,000)
Equipment purchase = tk. 25,000 (50,000 - 35,000 + 10,000)
Thus, the Depreciation Expense for the year is tk. 7,000 while the Equipment Purchase for the year is tk. 25,000.
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For each of the following, gives a PEAS description of the task and given solver of the tasks.
An intelligent agent cleans the hospital.
PEAS description of the task and given solver of the task in the case of an intelligent agent that cleans the hospital are Performance Measure, Environment, Actuators, Sensors, and Solver.
PEAS description is as follows:
Performance Measure: The performance measure can be defined by the cleanliness of the hospital and the amount of time taken by the intelligent agent to complete the task.
Environment: The environment is the hospital and includes all the rooms, medical equipment, and other such things used in the hospital.
Actuators: The cleaning equipment, such as brooms, mops, cleaning solutions, etc. are the actuators for the task.
Sensors: The sensors for the task include cameras and other such devices to help the intelligent agent navigate through the hospital. The agent will also need sensors to detect dirt and other debris in the environment.
Solver: An appropriate solver for this task would be a mobile robot that is designed for cleaning environments like hospitals. The robot would be programmed with a map of the hospital and the locations where cleaning is required. The robot would use sensors to navigate through the hospital and detect the areas that need to be cleaned. It would use its actuators to clean the environment and provide a performance measure.
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for wickham co., sales is $3,000,000, fixed expenses are $900,000, and the contribution margin ratio is 36%. what is required sales in dollars to earn a target net income of $600,000? group of answer choices $1,666,667 $2,500,000 $4,166,667 $8,333,333
For Wickham co., sales is $3,000,000, fixed expenses are $900,000, and the contribution margin ratio is 36%. The sales in dollars to earn a target net income of $600,000 is $4,166,667.
Profit margin is a measure of profitability. Calculated as a percentage of profit to sales. There are three types of profit margins: gross profit margin, operating profit margin, and net profit margin. Gross profit margin is calculated as gross profit divided by net sales.
Profit Margin is the percentage of remaining profit from a sale after all costs have been paid. Profit margin can be calculated by subtracting total cost from total revenue and dividing that figure by total cost. The formula is: (Total Revenue - Total Cost) / Total Revenue.
Profit Margin compares profit to sales and indicates how well the company is managing its finances overall. Always displayed as a percentage. There are three other types of profit margins that are useful when evaluating a business. Gross profit margin, net profit margin and operating profit margin.
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BUSINESS 1. Explain five advantages a firm would enjoy by engaging in prize winning competition as a method of sales promotion.
Answer:
I hope my answer is good!
1- Increased brand awareness: Prize-winning competitions can generate a lot of buzz and excitement, which can lead to increased brand awareness and visibility for the company.
2- Increased sales: By offering a prize, companies can incentivize customers to purchase their products or services, resulting in increased sales.
3- Customer engagement: Prize-winning competitions can also help companies to engage with their customers, as they are more likely to participate in the competition if there is a chance to win a prize.
4- Cost-effective: Prize-winning competitions can be a cost-effective way for companies to promote their products or services, as the cost of the prizes can be less than the cost of traditional forms of advertising.
5- Consumer data collection: Prize-winning competitions can also help companies collect valuable data on their customers, such as contact information, demographic information, and purchasing habits.
Answer: creates new things
Explanation:
creates word of mouth
creates a reason to ,creates a focused marketing approach, creates great revenue, creates a source of information
he January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands). . 2016 2015 Cost of sales $1,517,397 $1,529,527
Inventories, net 585,764 546,745
LIFO reserve 4,345 4,094
Caleres, Inc. reported their fiscal year 2016 financial statements on January 28, 2017. The cost of sales in 2016 was $1,517,397, which is lower than the cost of sales in 2015, which was $1,529,527.
However, their net inventories increased from $546,745 in 2015 to $585,764 in 2016. Additionally, the LIFO reserve, which is the difference between the inventory value under LIFO (Last in, first out) and under FIFO (First in, first out) method, increased from $4,094 in 2015 to $4,345 in 2016. This indicates that the company is using more of the LIFO method for inventory valuation, which could be due to rising prices. These financial statements provide important information about the company's performance and can be used to make informed decisions about investing in Caleres, Inc.
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In fiscal year 2016, Caleres, Inc. reported a cost of sales of $1,517,397 (thousand), inventories (net) of $585,764 (thousand), and a LIFO reserve of $4,345 (thousand). In comparison, in 2015, the cost of sales was $1,529,527 (thousand), inventories (net) were $546,745 (thousand), and the LIFO reserve was $4,094 (thousand).
The financial statements of Caleres, Inc. for the fiscal year 2016, dated January 28, 2017, show that the company experienced a decrease in cost of sales from $1,529,527 (thousand) in 2015 to $1,517,397 (thousand) in 2016. During the same period, the net inventories increased from $546,745 (thousand) in 2015 to $585,764 (thousand) in 2016. The LIFO reserve also saw a slight increase from $4,094 (thousand) in 2015 to $4,345 (thousand) in 2016.
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Let w(.), D, d(.) respectively denote the willingness-to-pay (wtp) density function (distribution), market size and demand function, where functions have price arguments. Parts a), b) and c) below are independent unless otherwise is stated.
a) Suppose that everybody is willing to pay more than $5. Moreover, wtp density w is constant from the price of $5 to the price of $10. Express w(x) over 0 ≤ x ≤10.
b) Suppose that w(x) =1/10 for 0 ≤ x ≤10 and D = 700. Obtain d(p) for 0 ≤ p ≤10.
c) Suppose that d(p)= 600 - 30p, obtain the associated w and define a valid range for this w (with p=0 being one boundary of the range).
The willingness-to-pay (wtp) density function w(x) over the price range 0 ≤ x ≤ 10 can be expressed as follows: From x = 0 to x = 5, the wtp density w(x) is 0, since nobody is willing to pay for prices below $5. From x = 5 to x = 10, the wtp density w(x) is constant at 1, since everybody is willing to pay more than $5.
So, the expression for w(x) over the range 0 ≤ x ≤ 10 is: w(x) = { 0, for 0 ≤ x < 5 . When the price p is between 0 and 10, the number of buyers willing to pay that price can be calculated by integrating the wtp density function w(x) over the range where w(x) is greater than or equal to the price p. d(p) = D * ∫[p, 10] w(x) dx. Substituting the given values, we have: d(p) = 700 * ∫[p, 10] (1/10) dx. Simplifying the integral, we get: d(p) = 700 * [(1/10) * (10 - p)]; d(p) = 700 - 70p. So, the demand function for 0 ≤ p ≤ 10 is: d(p) = 700 - 70p.
Given that d(p) = 600 - 30p, we can obtain the associated w(x) and define a valid range for this w. To find the associated w(x), we need to integrate the demand function d(p) with respect to price p. w(x) = ∫[0, x] d(p) dp. Integrating the function, w(x) = 600x - 15x^2/2.To define a valid range for this w, we need to find the range of x where w(x) is non-negative.Setting w(x) ≥ 0, we have: 600x - 15x^2/2 ≥ 0. Dividing both sides by x and simplifying, we have: 600 ≥ 15x/2; 40 ≥ x/2; x ≤ 80.Therefore, a valid range for w(x) is 0 ≤ x ≤ 80, with p=0 being one boundary of the range.
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You can buy life insurance for anyone. True or false
Answer:
False
Explanation:
Answer: False
Explanation:
In a large open economy, what is the source of the demand for loanable funds?.
In a large open economy, the source of the demand for loanable funds comes from domestic investment and net capital outflow.
What is an Open economyAn open economy refers to a type of economy where not only domestic factors but also entities in other countries participate in trade of goods and services.
Trade in an open economy can be in the form of managerial exchange, technology transfers, and all kinds of goods and services.
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What is the interest on a $4,500 note payable that is due in 3 months with a rate of 9%?
The interest on $4,500 note payable that is due in 3 months with rate of 9% is $101.25.
What is note payable?A note payable refers to a written agreement between a borrower and a lender that outlines the terms of a loan. It is a promise to pay back the borrowed amount along with any interest or fees within a specified time period. Note payable is a type of liability for the borrower, and it appears on the balance sheet as a current or long-term liability, depending on the repayment period. The repayment terms can vary, including interest-only payments, equal payments, or a lump-sum payment at maturity. Note payable is commonly used for short-term loans, such as bank loans, or for long-term loans, such as mortgages. It is important to carefully review and understand the terms of the note payable before agreeing to it, as failure to meet the repayment terms can result in serious consequences.
Principal = $4,500
Rate = 9% (or 0.09 as decimal)
Time = 3/12 (or 0.25 as decimal, since 3 months is quarter of year)
Interest = Principal x Rate x Time
Interest = $4,500 x 0.09 x 0.25
Interest = $101.25
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You have been offered a 30-year mortgage at 6.00% for $300,000. The original loan to value is 90% and thus the loan requires PMI. The loan requires PMI payments of $120 per month for 100 payments. What is the effective interest rate on this loan if paid over the 30-year period?
The effective interest rate on the loan, considering the PMI payments, is approximately 6.42%.
To calculate the effective interest rate, we need to take into account the original loan amount, the monthly PMI payments, and the duration of the loan.
The original loan amount is $300,000, and the loan-to-value ratio is 90%. This means that the initial loan is 90% of the property's value, resulting in a property value of $333,333.33.
Next, we need to calculate the total PMI payments over the 100 months. The monthly PMI payment is $120, so the total PMI payments amount to $12,000.
Now, we can calculate the effective loan amount by subtracting the PMI payments from the original loan amount:
Effective loan amount = Original loan amount - Total PMI payments
Effective loan amount = $300,000 - $12,000
Effective loan amount = $288,000
The loan term is 30 years, which corresponds to 360 monthly payments.
Using a financial calculator or a spreadsheet, we can calculate the monthly payment on the loan with the effective loan amount, loan term, and the interest rate of 6.00%:
Monthly payment = $1,727.46
Now, we can use the effective loan amount and the monthly payment to calculate the effective interest rate. By solving for the interest rate in the loan payment formula, we find that the effective interest rate is approximately 6.42%.
The effective interest rate on the 30-year mortgage, considering the PMI payments, is approximately 6.42%. This takes into account the original loan amount, the PMI payments, and the duration of the loan.
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Which of the following is NOT an excuse for NOT doing one s moral duty:
1. The moral cost of obeying the standard may be to high.
2. The cost of fulfilling the duty is too high for the individual.
3. The morally desirable state of affairs can only come about when virtually everyone is doing his or her part.
4. The fulfillment of a duty may carry without it a lost economic opportunity.
The statement that is NOT an excuse for NOT doing one's moral duty is option 3: "The morally desirable state of affairs can only come about when virtually everyone is doing his or her part."
In moral philosophy, individuals have moral duties or obligations that they are expected to fulfill.While there can be legitimate reasons for not fulfilling a moral duty, such as conflicting obligations or practical limitations, some excuses may not be morally justifiable.
Options 1, 2, and 4 provide reasons that individuals might use to justify not fulfilling their moral duty. Option 1 suggests that the moral cost of obeying the standard may be too high, meaning that adhering to the moral duty may have negative consequences for the individual
Option 2 states that the cost of fulfilling the duty is too high for the individual, implying that the burden or sacrifices required to fulfill the duty are too great. Option 4 argues that fulfilling a duty may involve missing out on economic opportunities.
However, option 3 does not provide a valid excuse for not doing one's moral duty. It suggests that the morally desirable state of affairs can only be achieved if everyone else is also doing their part.
This reasoning implies a conditional approach to morality, where one's own actions depend on the actions of others. In moral philosophy, individuals are generally held accountable for their own moral duties, regardless of the actions of others. Therefore, option 3 is not a valid excuse for not fulfilling one's moral duty.
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product cost per unit galaxy book s galaxy book flex direct materials $ 520 $ 390 direct labor 60 50 overhead 120 140 total product cost $ 700 $ 580 customer support galaxy book s galaxy book flex annual costs $ 650,000 $ 950,000 annual number of calls 10,000 10,000 required: 1. compute the activity rate for the customer support cost for each laptop model. 2. prepare a customer profitability report for each laptop model for (a) an order for 500 s models from a local college and (b) an order for 500 flex models from a local hospital. the company budgets 500 support calls for both orders. 3. which order, for galaxy book s or galaxy book flex, earns the most income?
For question 1,
To compute the activity rate for the customer support cost for each laptop model, we need to determine the activity level for the customer support annual costs. The formula is:
Activity Rate = Total Cost / Total Activity Level
Activity Rate of Galaxy Book S = $650,000/10,000 calls = $65 per call
Activity Rate of Galaxy Book Flex = $950,000/10,000 calls = $95 per call
For question 2,
To prepare a customer profitability report for each laptop model, we can add the customer support cost to the total product cost to get the total cost per unit for each laptop model.
For Galaxy Book S = $700 + $65 = $765 per unit
For Galaxy Book Flex = $580 + $95 = $675 per unit
Finally, we can subtract the total cost per unit from the selling price per unit to determine the income per unit.
For Galaxy Book S Income = $1,000 - $765 = $235 per unit
For Galaxy Book Flex Income = $900 - $675 = $225 per unit
Then, we can calculate the income from each customer.
For Galaxy Book S Income = $235 x 500 = $117,500
For Galaxy Book Flex Income = $225 x 500 = $112,500
The company budgets for 500 support calls for both orders can be calculated by multiplying the Activity Rate by 500 calls.
For Galaxy Book S = $65 x 500 = $32,500
For Galaxy Book Flex = $95 x 500 = $47,500
For both orders = $32,500 + $47,500 = $80,000
For question 3,
The orders that earn the most income are the order for Galaxy Book S from a local college.
Your question is incomplete, but most probably your full question was
(image attached)
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Creating an emergency fund to pay for unexpected expenses is known as __________________________________.
a
Backdoor Budgeting
b
"Saving for a Rainy Day"
c
Opening a Mutual Fund
d
Placing your money in a CD
Answer:
b
"Saving for a Rainy Day"
Explanation:
"saving for rainy day' is a phrase that means putting some money a side for use in times of need. The phrase encourages people to save money for emergency use. As a rule of thumb, one should have at least three times their normal income as savings.
wallace, simpson, and prince are partners and share income and losses in a 3:4:3 ratio. the partnership's capital balances are wallace, $68,000; simpson, $90,000; and prince, $42,000. royal is admitted to the partnership on july 1 with a 20% equity and invests $50,000. the partnership would record the admission of royal into the partnership as:
The partnership would record the admission of Royal into the partnership as a credit to Royal's capital account and a debit to Cash account and the amount of investment is $50,000, which Royal will be investing in the partnership.
Royal's equity share in the partnership is 20%.As a result, on July 1, the following accounting entry is made by the partnership:The partnership would record the admission of Royal into the partnership as a credit to Royal's capital account and a debit to the cash account.
Hence, the correct option is a credit to Royal's capital account and a debit to Cash account.
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Megan is already looking ahead to graduation and a job, and she wants to buy a new car not long after her graduation. If after graduation she begins an investment program of $2,300 per year in an investment yielding 6 percent, what will be the value of the fund after three years? (Hint: Use Appendix A.3 (Links to an external site.) or the Garman/Forgue companion website.) Round Future value of Series of Equal Amounts in intermediate calculations to four decimal places. NO cents! DOLLARS ONLY
Answer:
$ 7,322
Explanation:
$2300 per year is an annuity investment. The formula for future annuity value is as below
FV = A × (1 + r)^n - 1 / r
Where A = amount invested periodically
r = interest rate, 6% or 0.06
n = 3 years
Fv = $2300 x{ (1 +0.6)^3 -1} /0.06
Fv = $2300 x (1.191016-1) /0.06
Fv = $2300 x ( 0.191016/0.06)
Fv = $2300 x 3.1836
Fv= $ 7,322.28
Fv= $ 7,322
To be part of the supply for a good, a producer must be?
Answer:
produce good and healthy food.
no harmful chemical should be added.
using organic materials.
serious about other help.
what is generally the largest source of short-term credit for small firms?multiple choicebank loanscommercial paperinstallment loanstrade credit
The largest source of short-term credit for small firms is typically trade credit. Trade credit is the practice of purchasing goods or services on credit from suppliers and paying them back at a later date.
This type of credit is particularly important for small businesses that may not have the resources to secure other forms of credit, such as bank loans or commercial paper. By establishing a good payment history with suppliers, small businesses can also improve their creditworthiness and increase their chances of being approved for other forms of credit in the future. However, it is important for small businesses to carefully manage their trade credit to avoid overreliance and potential financial strain.
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A rising GDP and a falling unemployment rate are most likely indicators that an economy is in which phase of the business cycle?
answer: expansion
A rising GDP and a falling unemployment rate are most likely indicators that an economy is in the expansion phase of the business cycle.
During the expansion phase, the economy experiences an increase in economic activity and employment opportunities, resulting in a rise in GDP and a decline in unemployment rate. This phase is typically characterized by increased consumer and business spending, rising stock prices, and increasing confidence in the economy. The expansion phase is usually followed by the peak, recession, and trough phases in the business cycle.
The business cycle refers to the fluctuation of economic activity in an economy over time. It is typically characterized by alternating periods of expansion and contraction, with the peak, recession, and trough phases in between. Various factors contribute to the business cycle, including consumer spending, business investment, and government policies.
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How does benchmarking add validity to organizational interventions and development programs?
Using benchmarking data, firms may determine the best ways to utilize employee potential, how to organize activities so that both employees and management can complete them easily, and what elements of the organizational procedures can be eliminated.
What is benchmarking in organizational development?By adapting what they have learnt to their own processes, companies use benchmarking to identify the best practices, learn from them, and grow (Kalder, 1997). By benchmarking, businesses can take stock of their existing status and forecast where they will perform going forward.
How does benchmarking improve efficiency and effectiveness?Benchmarking compares and evaluates performance in order to achieve continuous improvement; as the NCVO says, it focuses on internal processes rather than outputs. Through benchmarking, businesses can assess their performance against that of rivals, identify areas for improvement, and determine what lessons can be learned from others.
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