To determine the average annual return on a 4-year corporate security bought at Year 7 and held over Years 7, 8, 9, and 10, we can use the Time Value of Money (TVM) formulas.
Here's how you can calculate it:
1. Calculate the present value (PV) of the corporate security:
PV = FV / (1 + i)^N
PV = FV / (1 + i)^4
2. Determine the coupon payment (CP) for each year:
CP = PV * Coupon Rate
3. Calculate the capital gains yield (CGY) for Year 7:
CGY = CP1 - CP0
CGY = CP7 - CP6
4. Determine the total annual return (TAR) for Year 7:
TAR = CY + CGY
TAR = Coupon Rate + CGY
5. Calculate the average annual return over the 4-year period:
Average Annual Return = TAR / 4
Substitute the given values into the formulas to calculate the average annual return.
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Calculate the break-even point for a new toy that costs $12 to make and market and that will be sold for $15. The total quantity that will be sold at that price is 200,000.
The break-even point for new toy that costs $12 to make and the market and that will be sold for $15 is 2%.
What is break-even point?The break-even point is a critical concept in business that indicates the level of sales or revenue necessary to cover all the costs associated with a product or service. It is the point at which the total revenue earned equals the total cost of producing and delivering the product or service. At this point, there is no profit or loss, and the business is said to be "breaking even." The break-even point is calculated by dividing the total fixed costs by the contribution margin per unit. The contribution margin is the difference between the price of the product and the variable cost of producing it. Understanding the break-even point helps businesses make informed decisions about pricing, production, and marketing strategies to achieve profitability.
Variable costs = Price - Fixed costs = $15 - $12 = $3 (per unit)
Break-even point = $12 / ($15 - $12) = $12 / $3 = 4,000 units
Break-even point will be reached when= 4,000 units / 200,000 units = 0.02 or 2%
Therefore, break-even point for new toy is 2% of total quantity sold, which is equivalent to 4,000 units.
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Describe the resources you plan to use or provide to ensure the beneficiary has adequate financial support to cover their basic living needs.
The resources that one can use to plan to ensure the beneficiary has adequate financial support to cover their basic living needs.
The person's full legal name.The person's relationship to you. Mailing address, email, phone number.The date of birth and Social Security number.Who Are the Beneficiaries?A beneficiary is a person (or entity) named to receive the advantages of property that belongs to another person. These benefits are frequently given to beneficiaries as a part of an inheritance.
It's crucial to name beneficiaries for your financial assets so that you can rest easy knowing that the people you've determined should get your money are guaranteed to do so. You can control what happens to your money and make the situation clear for everyone who might be affected by naming beneficiaries.
Note that there is no question as to where you want your money or insurance proceeds to go if you have a current beneficiary listed on all of your accounts. It reduces time (and maybe money).
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For those with health issues, regular exercise is not generally recommended. Please select the best answer from the choices provided. T F D. soccer Please select the best answer from the choices provided. A B C DIt's recommended that those with osteoporosis __________. A. monitor their blood sugar levels throughout cardiorespiratory activities B. increase their bone density with high-intensity activities C. always have their inhalers close by during flexibility activities D. limit their overall activity time to 20 minutes per day Please select the best answer from the choices provided. A B C D Mark this and return
Answer:
For those with health issues, regular exercise is not generally recommended. regular exercise can be too hard for them. If they have Asma attacks, they can stop breathing if they run for too long
Explanation: my sister has a health issue
Answer:
FALSE
Explanation:
you'd like to see what your average revenue would be if you increased average prices by 10%. you forecast that your average quantity sold would decrease by 10% as a result of the price increase. what would be the new forecasted average revenue per item?
To calculate the new forecasted average revenue per item, we can use the following formula: New forecasted average revenue per item = Current average revenue per item * 1.1 * 0.9
What does this mean?Here, 1.1 represents the 10% increase in average prices, and 0.9 represents the 10% decrease in average quantity sold.
For example, if the current average revenue per item is $50, the new forecasted average revenue per item would be:
New forecasted average revenue per item = $50 * 1.1 * 0.9
= $49.50
Therefore, the new forecasted average revenue per item would be $49.50 if the average prices were increased by 10% and the average quantity sold decreased by 10%.
Note that this is just an example.
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Which one of the following statements is correct?
a. Cost can be controlled only by those who are managing the project
b. Cost can be controlled only by those who are managing the project risk
c. Cost can be controlled only by those who are doing the spending
d. Cost can be controlled only by those who are doing the work
The correct statement is "Cost can be controlled only by those who are doing the work." Option D.
This statement reflects the principle of responsibility assignment in project management, according to which each team member is accountable for their task or activities.
Cost management is a crucial aspect of project management, which requires the involvement of the entire project team, not just the managers.
Therefore, team members who are responsible for carrying out the activities are required to be cautious in their approach to carrying out the assigned task to control the cost and keep it within the allocated budget. It is essential for them to understand the scope of the work and execute it effectively and efficiently.
In conclusion, the statement "Cost can be controlled only by those who are doing the work" highlights the importance of assigning responsibility and accountability to the team members to ensure the cost of the project does not exceed the allocated budget.
Hence, the right answer is option D.
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plz look at photo and help plzz!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
answer: i would guess the second one
Handly Inc. permits only designated personnel such as cashiers to handle cash receipts. What principle is being applied?
Independent internal verification
Segregation of duties
Establishment of responsibility
Rotation of employees
Handly Inc. is applying the principle of Segregation of Duties by permitting only designated personnel, such as cashiers, to handle cash receipts. This ensures that specific tasks are assigned to different individuals, reducing the risk of errors or fraud.
The principle being applied in this scenario is the segregation of duties. This principle requires that tasks and responsibilities are assigned in such a way that no one individual has control over all aspects of a transaction. By designating specific personnel, such as cashiers, to handle cash receipts, Handly Inc. is segregating the duties related to cash handling and ensuring that one individual does not have complete control over the entire process. This helps to prevent errors, fraud, and other irregularities from occurring. By separating these duties, the risk of any one person being able to manipulate the system is greatly reduced, and the company can maintain greater control over its cash receipts.
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Why is Netflix's stocks going down?
Answer:
Netflix stock was falling sharply Wednesday after the streaming giant posted disappointing first-quarter earnings, prompting a flurry of price target cuts and critique from analysts.
Explanation:
Hope this helpes.
How do you define marketing? What are the four foundations of marketing and how do they fit into your definition? Based on your definition of marketing, what purpose does marketing have in the free enterprise system? Explain and provide a concrete example.
Explanation:
Marketing is profitably using the results of studying short term and long term needs of those who can pay for a one-time, or in most cases, a steady flow of service or product placement. In 2017 The New York Times described it as "the art of telling stories so enthralling that people lose track of their wallets.[1]
It is one of the primary components of business management and commerce.[2] Marketers can direct their product to other businesses (B2B marketing) or directly to consumers (B2C marketing).[3] Regardless of who is being marketed to, several factors apply, including the perspective the marketers will use. Known as market orientations, they determine how marketers will approach the planning stage of marketing.[4]
The marketing mix, which outlines the specifics of the product and how it will be sold,[5][6] is affected by the environment surrounding the product,[7] the results of marketing research and market research,[8][9] and the characteristics of the product's target market.[10] Once these factors are determined, marketers must then decide what methods will be used to promote the product,[3] including use of coupons and other price inducements.[11]
The term marketing, what is commonly known as attracting customers, incorporates knowledge gained by studying the management of exchange relationships[12][13] and is the business process of identifying, anticipating and satisfying customers' needs and wants.
Answer:
The free-market systems bring both of these because it allows us to make our own economic decisions as individuals. In the beginning, when some countries gained ground in the time that others had only just started, the free market wasn’t free.
I appreciate the fact that we have the freedom to come up with new ideas for consumers. A free-market economy is self-regulating and responds efficaciously to rapidly changing conditions.
What does in balance mean
Answer:
A equal amount of force.
Explanation:
Answer:
Equal.
Explanation:
Both/all sides/categories are equal and just.
Also, may I have Brainliest?
Stark Industries is a medium sized manufacturing company specializing in energy efficient applications using cutting edge technology. Stark's advanced R&D team has commercialized a new line of revolutionary ultra-high efficiency refrigerator & freezer cooling units. The units consume 1/3 the power of traditional units.
Stark is commencing manufacturing consumer-targeted refrigerator/freezer units to sell to consumers through traditional retail channels. In addition to those consumer channels they are also planning to sell their ultra-high efficiency cooling units (with no exterior refrigerator box or freezer box) to other manufacturers of refrigerator and freezers for installation into their own units. [I.e.: Stark supplies the revolutionary cooling unit and the other manufacturer installs the Stark unit into their existing physical exterior box]
Stark's goal is to maximize their potential consumer and industrial sales as efficiently as possible. They currently have two distinct account sales forces which sell to 2 different channels of customers:
Team A - This sales team focuses their efforts on selling Stark consumer oriented products to retail businesses that then sell those Stark-branded products directly to consumers (For example: Best Buy, Canadian Tire, Costco etc). They have a wide level of penetration into various consumer channels.
Team B - The second Stark sales team focuses exclusively on other manufacturers of refrigerators and freezers. That team sells Stark components to those businesses who then incorporate those Stark components into their own branded products. Some of those other manufacturers include companies like LG or GE that sell to the same consumer retailers as Stark but they also sell to other manufacturers that make commercial refrigeration equipment for example: True Manufacturing Corp.
In the future, Stark hopes their ultra-high efficiency cooling units will be suitable for use in air-conditioning units, but they aren't at this time. Stark does not currently sell to online only retailers like Amazon or eBay. This is something Stark might consider, but if so, it would take significant analysis of the market potential to justify this decision.
Since this new product line follows the same consumer vs commercial split, Stark would continue this split among their sales teams. Stark's senior management is aware that they have an existing customer base, but in light of how amazing their new products are, they want to review all possible customers to determine if all customers are prioritized correctly, including existing ones. All possible target accounts should be prioritized accordingly. Based on current sales force capacity to handle this business, Stark's senior management believes that they should target at least 5 accounts in each segment. Stark's current sales force operates out of their Canadian head office in Mississauga, as well as their offices Vancouver, Montreal and Moncton. Regional sales people focus on sales within their own province. Sales outside of those provinces are usually very low.
Identify (Prospect) Potential Customers and Prioritize your list- Develop two prioritized (ranked) lists of 5 accounts each, split into the two main channels of business Stark is in: a) consumer retailers and b) refrigerator and freezer manufacturers. This is to be based on the information in the above case.
For each channel and each account, you are to explain how you determined your list. What databases or tools did you use?
When you list the accounts, they should be ranked in order you would like them targeted (1st to 5th) within each sales channel PLUS add an additional list with the overall ranking of the 10 accounts (1st to 10th).
List prioritization Explanation: Here you explain what criteria you used to rank (prioritize) the potential customers you listed Part 1. In other words: why did you list them in the order you did? For example - did you use sales potential, head office location, prestige etc? How did you determine those numbers (by research, databases etc)?. How did you determine the overall ranking of the customers?
Questions and Rationale - Create a list of 5 generic account questions you would like to ask the potential accounts you've identified.
Open versus close ended & why you chose that format. For each question explain why you are asking that particular question? What do you hope to learn from it? Why do you feel the information you obtain is important to know?
Consumer Retailers: Best Buy - Best Buy is the largest consumer electronics retailer in North America, with over 1,000 stores. Their extensive reach into the consumer market makes them a prime target for Stark's consumer-oriented products.
Costco - Costco is a membership-based warehouse club that is known for selling high-quality products at low prices. With over 800 locations worldwide, Costco has a large customer base that is interested in energy-efficient products.
Home Depot - Home Depot is a home improvement retailer with over 2,200 stores in North America. They have a large customer base that is interested in energy-efficient products for their homes.
Walmart - Walmart is the world's largest retailer, with over 11,000 stores worldwide. They have a wide range of customers who are interested in energy-efficient products.
Canadian Tire - Canadian Tire is a Canadian retail company that sells a wide range of products, including home appliances. They have over 1,700 retail and gasoline outlets across Canada, making them a good target for Stark's consumer-oriented products.
To determine the prioritization, we looked at the reach of the retailer in terms of the number of stores they have and the number of customers they serve. We also looked at their reputation for selling high-quality products at reasonable prices. The overall ranking was determined by combining the scores assigned to each retailer based on these criteria.
Refrigerator and Freezer Manufacturers:
LG - LG is a leading manufacturer of home appliances, including refrigerators and freezers. They have a large market share and a strong reputation for quality and innovation.
Whirlpool - Whirlpool is another leading manufacturer of home appliances, with a wide range of products including refrigerators and freezers.
GE Appliances - GE Appliances is a subsidiary of Haier, one of the world's largest appliance manufacturers. They have a wide range of products, including refrigerators and freezers, and a strong reputation for quality.
Samsung - Samsung is a leading manufacturer of consumer electronics, including refrigerators and freezers. They have a strong reputation for innovation and design.
Electrolux - Electrolux is a global leader in home appliances, with a wide range of products including refrigerators and freezers. They have a strong reputation for quality and design.
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Which is NOT a characteristic of a successful entrepreneur?
Answer: Procastination, not being innovative
Explanation:
There many characteristics that are not traits of a successful entrepreneur;
- Laziness and procastination; an entrepreneur is one who doesn't give in easily regarding laziness or procastination
- Inability to innovative; what makes an entrepreneur standout is innovation most times, doing things differently from the rest leads to success
Answer:
Ambiguous
Explanation:
You don't need to be ambiguous to be be successful.
Introduce the term of notice in two sentence
Which of the following would normally fall under general education requirements at a college?
A. Literacy, natural sciences, social sciences, and physical education B. Music, physical education, world languages, and behavioral sciences
C. Math, music, physical education, and military history
D. Math, literacy, natural sciences, and social sciences
Answer: D. Math, literacy, natural sciences, and social sciences
Explanation:
General Education Requirements prepares students with the skills that are needed to enhance their employability and also help them in course of life. Some of these skills include oral and written communication, problem solving, critical thinking, etc.
Some of the subjects that would normally fall under general education requirements at college are Writing, Mathematics, Social science, Natural science, Global awareness, Diversity. etc.
when the investment banker sells the new securities on commission without guaranteeing the sale of the whole issue, the process is called:
Without ensuring the sale of the entire issue, the investment banker sells the new securities on commission under the following circumstances: Best effort.
Investment banking refers to particular business operations of a financial services firm or corporate division that involve advisory-based financial transactions on behalf of private persons, public companies, and public authorities. Such a bank, which is more commonly linked with corporate finance, might help raise money by underwriting or serving as the client's agent in the issue of debt or equity instruments. An investment bank may also offer support services to businesses engaged in mergers and acquisitions (M&A), such as market-making, equities and derivatives trading, FICC services (fixed income instruments, currencies, and commodities), or research (macroeconomic, credit or equity research). Along with their businesses for investment research, the majority of investment banks continue to run prime brokerage and asset management divisions. The Bulge Bracket (highest tier), Middle Market (mid-level businesses), and Boutique Market categories make up the industry (specialized businesses). Investment banks don't accept deposits, in contrast to commercial and retail banks. The Glass-Steagall Act, which was passed in 1933, kept investment banking and commercial banking separate in the US until it was repealed by the Gramm-Leach-Bliley Act in 1999. G7 nations and other industrialized nations generally do not retain such a division. The Volcker Rule claims some institutional separation of investment banking services from commercial banking as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act of 2010).
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The use of the case analysis method of assessment is most appropriate for assessing ____________. Select one:
a. Ability to perform a technical task
b. Problem-solving abilities
c. Leadership skills
d. Social-interactive skills
The case analysis method of assessment is most appropriate for assessing __problem-solving abilities__. So correct answer is option b.
The case analysis method involves presenting individuals with real or hypothetical scenarios and evaluating their ability to analyze the situation, identify problems, and propose solutions. This method requires individuals to apply critical thinking, logical reasoning, and decision-making skills to address complex issues. By assessing how well individuals can analyze and solve problems presented in case studies, the case analysis method provides insights into their problem-solving abilities. It is commonly used in academic settings, business settings, and professional assessments to evaluate an individual's ability to apply knowledge and skills to practical situations.
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Who is responsible for administering federal elections?.
In the United States, the responsibility for administering federal elections is primarily delegated to individual states. Each state has its own set of rules and regulations regarding elections, and they are responsible for managing voter registration, conducting elections, and counting the votes.
The Constitution: The United States Constitution grants the states the power to oversee the administration of elections. This means that each state has the authority to establish its own procedures for voter registration, polling locations, and ballot counting. State Laws: Each state has its own election laws that govern the process. These laws vary from state to state and can include regulations on voter eligibility, absentee voting, for political parties and candidates.
State Election Officials: Each state has a Secretary of State or an equivalent office responsible for overseeing the administration of elections. These officials are responsible for ensuring that elections are conducted fairly and accurately according to state laws. County and Local Election Officials: In addition to state officials, county and local election officials play a crucial role in administering elections.
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even though firms in competitive price-searcher markets do not produce at minimum atc, competitive price-searcher markets may still be consistent with economic efficiency because
Firms are known to be free to set price and also to face strong competitive pressure. Competitive price-searcher markets may still be consistent with economic efficiency because they provide consumers with a greater diversity of products.
Firms in competitive price-searcher markets that has a small entry obstacles often face a downward sloping demand curve. Competition often exists from existing firms and new rivals.
Firms that exist in a perfectly competitive market are known to be price takers due to the fact that once the market determines an equilibrium price for the product, firms need to accept the stated price.
For an individual to sell a product in a perfectly competitive market, one must just be happy with the price.
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Explain the impact of future expectations on the current economy.
Answer:
Future expectations on the current economy are a very important factor that influences economic performance. In fact, expectations have become part of mainstream economics, and the Chicago School of Economics in particular, is famous for its contributions to the field.
Explanation:
For example, if people think that the economy in the future will be bad, they will tend to spend less money, invest less, or only invest in very safe securities like U.S. Treasury bonds, and hoard some of their cash, for future spending. Another behaviour that could be displayed is using cash to buy large quantities of goods, in order to hoard them for the future.
These kind of actions would depress economic activity, or slow down recovery, because they would not only result in less consumption, but also less investment, and investment is one of the most important factors (if not the most, according to many economists) when determining future economic growth.
What is the best way to encourage customers to come back to your site?
A.Stalk them.
B.Use direct mail.
C.Post viral videos.
D.Treat them like they're special.
Answer:
D because they will feel like they are being cared about and will come back
An appraiser using the market approach collects many recent comparable sales. If a comparable property has a feature that is NOT present in the subject property, the estimated value of the feature is:
The current price of a stock is $22. In 1 year, the price will be either $29 or $14. The annual risk-free rate is 6%. Find the price of a call option on th stock that has a strike price of $23 and that expires in 1 year. (Hint: Use daily compounding.) Assume a 365 -day year. Do not round intermediate calculations. Round your answer to the nearest cent.
A call option's price on a stock that has a $23 strike price and expires in 1 year when the current stock price is $22, and the annual risk-free rate is 6 percent can be calculated by using daily compounding. The solution is explained below.Solution:The annual risk-free rate is 6 percent, and the time to maturity is 1 year, with a 365-day year. The daily risk-free rate can be calculated using the following formula:Rdaily= (1+Rannual)^(1/365) - 1Rdaily= (1+0.06)^(1/365) - 1Rdaily = 0.00015323Using the above-calculated risk-free rate, the value of the call option can be calculated using the following formula:Call option price = (expected call option price)/ (1+Rdaily)^(time to maturity in days)Expected call option price can be calculated as follows:If the price of the stock rises, the call option price will be the stock price at maturity minus the strike price of the option. In this case, it will be $29 - $23 = $6. If the stock price falls, the call option will have no value because the investor will not buy stock for $23 when it is worth $14.Therefore, the expected call option price = 0.5($6) + 0.5($0) = $3The time to maturity is 365 days, so the option price can be calculated as follows:Call option price = $3/ (1+0.00015323)^(365)Call option price = $1.03Therefore, the price of the call option is $1.03 when the strike price is $23. The answer is in 100 words.
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A company wants to market different types of shampoo using color-coded bottles, lids, and label print. It has four different colors of lids, five different colors of bottles, and two different colors of print for the label available. How many different types of shampoo can the company package? types
Answer: 40 types
Explanation:
From the question, we are informed that a company wants to market different types of shampoo using color-coded bottles, lids, and label print and that the company has four different colors of lids, five different colors of bottles, and two different colors of print for the label available.
To calculate the different types of shampoo that the company can package, we use the multiplication principle. This will be:
= 4 × 5 × 2
= 40 types
During 2018, Leucothea Co. became involved in a legal dispute with a supplier. At December 31, 2018, Leucothea’s legal advisor believed that an unfavorable outcome was probable. A reasonable estimate of resulting monetary damages is $100,000 but could be as much as $200,000. Leucothea has legal liability insurance coverage that limits their loss to $80,000. After the 2018 financial statements were issued, Leucothea agreed to settle the case for $125,000. What amount of accrued liability should Leucothea have reported in its December 31, 2018 balance sheet?
Answer:
$80,000
Explanation:
Prudence allows that liabilities should not be understated and assets should not be overstated .
As the case is probable to result to a liability by the lawyers assessment , this means that it is more likely to happen and liability should be recognized . However , there is an insurance that limits the liability to the tune of $80,000 regardless of the agreement made towards the settlement.
The sum of $80,00 should be recognized as the liability in the statement of financial position
13. During the Great Depression years from 1930-1933, both the currency ratio c and the excess reserves ratio e rose dramatically. What effect did these factors have on the money multiplier?
Both the currency ratio c and the excess reserves ratio e rose dramatically. These factors had a significant impact on the money multiplier as they reduced its value.
The currency ratio c refers to the amount of currency held by the public, which decreases the amount of money available for banks to lend out. The excess reserves ratio e refers to the amount of reserves held by banks that exceed the required amount.
When banks hold excess reserves, they have less incentive to lend out money, which further reduces the money supply. Therefore, the combination of high currency ratio c and excess reserves ratio e led to a decrease in the money multiplier and a contraction in the overall money supply during the Great Depression years.
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Which industry is Amazon involved in ?
Answer:
Cloud computing e-commerce artificial intelligence consumer electronics digital distribution self-driving cars
Explanation:
Answer:
Cloud computing e-commerce
Explanation:
it is used for artificial intelligence or the use of robots
True or false?
2 best friends are one mind in 2 bodies?
Answer:
True
Explanation:
because they are I hope its right
Answer:
well i would say true because friendship is a really strong thing
but then i don't really know
Kimble, Sykes, and Gerard open an accounting practice on January 1, 2019, in Chicago, Illinois, to be operated as a partnership. Kimble and Sykes will serve as the senior partners because of their years of experience. To establish the business, Kimble, Sykes, and Gerard contribute cash and other properties valued at $208,000, $180,000, and $92,000, respectively. An articles of partnership agreement is drawn up stipulating the following:
a. Personal drawings are allowed annually up to an amount equal to 10 percent of the partner’s beginning capital balance for the year.
b. Profits and losses are allocated according to the following plan:
1. Each partner receives an annual salary allowance of $55 per billable hours worked.
2. Interest is credited to the partners’ capital accounts at the rate of 12 percent of the beginning capital balance for the year.
3. Kimble and Sykes are eligible for an annual bonus of 10 percent of net income after subtracting the bonus, salary allowance, and interest. The agreement also states that there will be no bonus if there is a net loss or if salary and interest result in a negative remainder of net income to be distribution.
4. Any remaining partnership profit or loss is to be divided evenly among all partners.
On January 1, 2020, the partners admit Nichols to the partnership. Nichols contributes cash directly to the business in an amount equal to a 25 percent interest in the book value of the partnership property subsequent to this contribution. The partnership profit and loss sharing agreement is not altered upon Nichols’ entrance into the firm; the general provisions continue to be applicable. The billable hours for the partners during the first three years of operation follow:
2019 2020 2021
Kimble 1,700 1,800 1,880
Sykes. 1,440 1,500 1,620
Gerard. 1,300 1,380 1,310
Nichols -0- 1,560 1,550
The partnership reports net income (loss) for 2019 through 2021 as follows:
2019. . . . . . . . . . . . . . . $282,000
2020. . . . . . . . . . . . . . . (12,400)
2021. . . . . . . . . . . . . . . 477,000
Each partner withdraws the maximum allowable amount each year.
a. Prepare schedules that allocate each year’s net income to the partners (to the nearest dollar).
b. Prepare in appropriate form a statement of partners’ capital for the year ending December 31, 2021. 30. A partnership
Kimble, Sykes, and Gerard formed a partnership on January 1, 2019, with initial capital contributions of $208,000, $180,000, and $92,000 respectively.
Their partnership agreement includes provisions for personal drawings, salary allowance, interest on capital, and bonus for Kimble and Sykes. In 2020, Nichols joined the partnership with a cash contribution equal to a 25% interest in the book value of the partnership property.
To allocate each year's net income, the following steps should be followed:
1. Calculate the salary allowance for each partner based on their billable hours and $55 per hour rate.
2. Credit each partner's capital account with an interest of 12% on the beginning capital balance for the year.
3. Calculate the annual bonus for Kimble and Sykes, provided there is no net loss or negative remainder of net income after salary and interest allocations.
4. Divide any remaining partnership profit or loss evenly among all partners.
After calculating the net income allocation for each year and considering the annual withdrawals, the statement of partners' capital for the year ending December 31, 2021, can be prepared. This statement should show the beginning capital balance, additional investments, allocated income, withdrawals, and ending capital balance for each partner.
By following these steps, you can determine the net income allocation for each partner and prepare the statement of partners' capital for the partnership.
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If there are 20 return transactions and 50 sales transactions, what is the proportion of return transactions?
If there are 20 return transactions and 50 sales transactions, 20/70 is the proportion of return transactions.
ROI is calculated by subtracting the initial cost of the investment from the final value, dividing this new number by the investment cost, and finally multiplying by 100.
The annual Rate of Return is the percentage change in the value of an investment. For example, if you expect an annual return of 10%, you expect the value of your investment to increase by 10% each year.
The proportion of return is a measure of an investment's profit or loss over a one-year period. Most investors measure returns on an annual basis, making it easier to compare the performance of different investments.
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Which describes a way in which consumers most likely benefit from producers’ absolute advantage?.
Producers' absolute advantage allows for them to produce goods more efficiently and at lower costs than their competitors. When a producer has an absolute advantage in producing a good, they can create a higher quantity of the good at a lower cost.
This ultimately allows them to sell their products at a lower price than their competitors, making their goods more affordable for consumers.Consumers benefit from producers' absolute advantage as it allows them to purchase the goods they need and want at a lower price. Lower prices result in an increase in demand for the goods and more accessibility for consumers, which can stimulate the economy. In addition, producers who have an absolute advantage may also produce goods of higher quality than their competitors, providing additional benefits to consumers.Therefore, consumers most likely benefit from producers' absolute advantage by gaining access to quality goods at lower prices.
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Consumers benefit from producers' absolute advantage through more cost-efficient and varied goods. This is a result of more efficient production and specialization in what each country is best at producing.
Explanation:Consumers most likely benefit from producers' absolute advantage in a few ways. Firstly, absolute advantage leads to efficient production which means goods can be produced at a lower cost. This allows producers to sell goods at a competitive price, benefiting consumers with affordable products. Secondly, absolute advantage can result in a wider variety of goods as countries focus on what they're best at producing.
For example, if Country A has an absolute advantage in producing wine and Country B in producing cheese, both countries can concentrate on their specialty. They can then trade, leading to a more varied and cost-efficient market for consumers.
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