Answer:
0.67
Explanation:
Beta measures the systemic risk of a portfolio
The portfolio's beta can be determined by adding together the weighted beta of each stock in the portfolio
weighed beta of a stock = percentage of the stock in the portfolio x beta of the stock
total number of stocks in the portfolio 400 + 290 + 700 = 1390
(400 / 1390 x 0.6) + (290 / 1390 x 1.2) + (700 / 1390 x 0.5) =
0.17 + 0.25 + 0.25 = 0.67
How will the business function if something happens to one of the key members of the management team?
When the business function if something happens to one of the key members of the management team so, by creating a company continuity strategy or an emergency plan or replace with another member.
What do you mean by the business function?An organization's activities are referred to as business functions, and they can be further broken down into core and support functions.
The production of finished goods or services destined for the market or for other parties is one of an enterprise's core business functions.
Because completing the other management functions significantly depends on having a good plan, planning is a crucial management function.
Organizations have closed their doors permanently as a result of poor management. High employee turnover is a direct outcome of poor leadership.
Therefore, when the business function if something happens to one of the key members of the management team so, by creating a company continuity strategy or an emergency plan or replace with another member.
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g Molly is not married and has no children. She executes a will, disposing of her estate to her sister Nina. Later, Molly marries Owen. They have no children. Molly does not execute a new will before she dies. With respect to Molly's estate, Owen is entitled to
Based on the terms of the will, based on molly's estate, Owen is entitled to no part of her estate because the estate was already willed to her sister Nina.
According to the given question, we can see that Molly who was unmarried at the time of making her will, willed her estate to her sister and later got married to Owen and she died without making changes to her will.
The outcome is very clear as Owen is not entitled to anything, unless he is given by Nina, although he can contest the will in court, but Nina has the upper hand because legally she has the estate.
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The following were selected from among the transactions completed during the current year by Danix Co., an appliance wholesale company: Jan. 21 Sold merchandise on account to Black Tie Co., $29,400. The cost of merchandise sold was $17,640. Mar. 18 Accepted a 60-day, 6% note for $29,400 from Black Tie Co. on account. May 17 Received from Black Tie Co. the amount due on the note of March 18. June 15 Sold merchandise on account to Pioneer Co. for $15,700. The cost of merchandise sold was $9,420. 21 Loaned $6,000 cash to JR Stutts, receiving a 30-day, 8% note. 25 Received from Pioneer Co. the amount due on the invoice of June 15. July 21 Received the interest due from JR Stutts and a new 60-day, 9% note as a renewal of the loan of June 21. (Record both the debit and the credit to the notes receivable account.) Sept. 19 Received from JR Stutts the amount due on her note of July 21. 22 Sold merchandise on account to Wycoff Co., $60,000. The cost of merchandise sold was $36,000. Oct. 14 Accepted a 60-day, 6% note for $60,000 from Wycoff Co. on account. Nov. 13 Wycoff Co. dishonored the note dated October 14. Dec. 28 Received from Wycoff Co. the amount owed on the dishonored note, plus interest for 15 days at 12% computed on the maturity value of the note. Required: Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank.Jan. 21-sale Jan. 21-cost Mar. 18 May 17 June 15-sale June 15-cost June 21 June 25 July 21 Sept. 19- note Sept. 22-sale Sept. 22-cost Oct. 14 Nov. 13 Dec. 28
The journal entries for the transactions by Danix co during the year, using a 360-day year are as follows:
Jan. 21 Debit Accounts Receivable (Black Tie Co.) $29,400
Credit Sales Revenue $29,400
Debit Cost of Goods Sold $17,640
Credit Inventory $17,640
Mar. 18 Debit Note Receivable (Black Tie Co.) $29,400
Credit Accounts Receivable (Black Tie Co.) $29,400
60-day, 6% note
May 17 Debit Cash $29,694
Credit Note Receivable (Black Tie Co.) $29,400
Credit Interest Revenue $294
June 15 Debit Accounts Receivable (Pioneer Co.) $15,700
Credit Sales Revenue $15,700
Debit Cost of Goods Sold $9,420
Credit Inventory $9,420
June 21 Debit 8% Note Receivable (JR Stutts) $6,000
Credit Cash $6,000
a 30-day, 8% note.
June 25 Debit Cash $15,700
Credit Accounts Receivable (Pioneer Co.) $15,700
July 21 Debit Cash $40
Credit Interest Revenue $40 ($6,000 x 8% x 30/360)
9% Note Receivable (JR Stutts) $6,000
Credit 8% Note Receivable (JR Stutts) $6,000
To record the exchange with a 60-day, 9% note.
Sept. 19 Debit Cash $6,090
Credit 9% Note Receivable (JR Stutts) $6,000
Credit Interest Revenue $90
($6,000 x 9% x 60/360)
Sept. 22 Debit Accounts Receivable (Wycoff Co.) $60,000
Credit Sales Revenue $60,000
Debit Cost of Goods Sold $36,000
Credit Inventory $36,000
Oct. 14 Debit 6% Note Receivable (Wycoff Co.) $60,000
Credit Accounts Receivable (Wycoff Co.) $60,000
Accepted a 60-day, 6%
Dec. 13 Debit Accounts Receivable (Wycoff Co.) $60,600
Credit Interest Receivable $600
Credit 6% Note Receivable (Wycoff Co.) $60,000
Dec. 28 Debit Cash $60,903
Credit Interest Receivable $600
Credit Accounts Receivable (Wycoff Co.) $60,600
Credit Interest Revenue $303
($60,600 x 12% x 15/360) interest for 15 days at 12% computed on the maturity value of the note.
Data Analysis:
Jan. 21 Accounts Receivable (Black Tie Co.) $29,400 Sales Revenue $29,400
Cost of Goods Sold $17,640 Inventory $17,640
Mar. 18 Note Receivable (Black Tie Co.) $29,400 Accounts Receivable (Black Tie Co.) $29,400 60-day, 6% note
May 17 Cash $29,694 Note Receivable (Black Tie Co.) $29,400 Interest Revenue $294
June 15 Accounts Receivable (Pioneer Co.) $15,700 Sales Revenue $15,700 Cost of Goods Sold $9,420 Inventory $9,420
June 21 8% Note Receivable (JR Stutts) $6,000 Cash $6,000 a 30-day, 8% note.
June 25 Cash $15,700 Accounts Receivable (Pioneer Co.) $15,700
July 21 Cash $40 Interest Revenue $40 ($6,000 x 8% x 30/360)
9% Note Receivable (JR Stutts) $6,000 8% Note Receivable (JR Stutts) $6,000
60-day, 9% note
Sept. 19 Cash $6,090 9% Note Receivable (JR Stutts) $6,000 Interest Revenue $90 ($6,000 x 9% x 60/360)
Sept. 22 Accounts Receivable (Wycoff Co.) $60,000 Sales Revenue $60,000
Cost of Goods Sold $36,000 Inventory $36,000
Oct. 14 6% Note Receivable (Wycoff Co.) $60,000 Accounts Receivable (Wycoff Co.) $60,000
Accepted a 60-day, 6%
Dec. 13 Accounts Receivable (Wycoff Co.) $60,600 Interest Receivable $600 6% Note Receivable (Wycoff Co.) $60,000
Dec. 28 Cash $60,903 Interest Receivable $600 Accounts Receivable (Wycoff Co.) $60,600Interest Revenue $303 ($60,600 x 12% x 15/360) interest for 15 days at 12% computed on the maturity value of the note.
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On the last day of its current tax year, Buy Rite LLC received $390,000 when it sold a machine it had purchased for $270,000 three years ago to use in its business. At the time of the sale, the basis in the equipment had been reduced to $230,000 due to tax depreciation taken. How much did the members’ self-employment earnings from Buy Rite increase when the equipment was sold? [Hint: See IRC §1402(a)(3).]
Answer:
1,402
Explanation:
Which type of savings plan offers the lowest interest rate?
O A. Checking account
O B. Savings account
O c. Certificate of deposit
O D. Money market account
Answer:
Answer to your question is savings account.
Explanation:
A savings account provides the lowest interest rates.
The Savings account type of savings plan offers the lowest interest rate.
What are accounts?Accounting is not pure mathematics. Simple multiplication, division, and addition are involved. There might be a little elementary algebra, but that's it. You are not required to comprehend calculus.
For accountants, mathematics is a crucial tool. Accounting professionals who possess a strong mathematical foundation can conduct financial analysis and make wise decisions at work. Accounting professionals must be able to understand and apply mathematical ideas like geometry, algebra, and statistics.
The interest rates on basic bank savings accounts are the lowest, typically less than 1%. They have few limitations on how you can access your money, and typically there are no minimum balance requirements. These accounts connected to physical banks can also be accessed online.
Therefore, Thus option (B) is correct.
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Identify the type of social responsibility discussed in the case with regard to
responsibility towards the environment. Explain with reason.
Corporate social responsibility (CSR) is the idea that a business has a responsibility to the society that exists around it, according to the online course Sustainable Business Strategy. Firms that embrace corporate social responsibility are typically organized in a manner that empowers them to be and act in a socially responsible way. It’s a form of self-regulation that can be expressed in initiatives or strategies, depending on an organization’s goals. Exactly what “socially responsible” means varies from organization to organization. Firms are often guided by a concept known as the triple bottom line, which dictates that a business should be committed to measuring its social and environmental impact, along with its profits. The adage “profit, people, planet” is often used to summarize the driving force behind the triple bottom line.
a successful advertised campaign affects
A:supply of the advertised good
B:quantity supplied of the advertised good
C:demand for the advertised good
D:quantity demanded of the advertised good
Answer:
B the responsiveness of quantity demanded of a good due to a change in its price.
Explanation:
B ...
Patti, a high school student, watches a financial show on television. The host has a college degree in business. The show is about how teenagers who start saving early have a big advantage. This information is _____.
this information is true
A useful clue about an organization's culture is
Answer:
Who is Hired and Fired
Explanation:
If this helped, please give brainliest answer! thanks!
A shop sells 20 hats per week at $10 each. When it increases the price to $12, the number of hats sold falls to 15 per week. We can conclude that: The elasticity of demand can be estimated as Answer
Answer:
Estimated as Elastic Demand
Explanation:
Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.
hey if u looked on my other post just go to ur notifacations to see
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what you might say about each of the following cabins on this cruise liner: interior cabin, ocean-view cabin, balcony cabin, and suite. Keep in mind you want your description to remain neutral and pique guests interests while still remaining honest.
The question is about the description of different cabins of cruise liner. Following is the description of each cabin,
Interior cabin : An interior cabin is the area of a cruise which has no window. On this cabin visitors can rest and enjoy the peace. There are luxury and relaxing sofas to relax and comfortable bed to have sound sleep.
Ocean view cabin : An Ocean view cabin is outside cabin which has window to look at the sea. It has luxury couch to sit and enjoy the pleasant view of the ocean.
Balcony Cabin : It is room of a cruise which has separate balcony attached to the room. However the balcony is small in size and there is space of only two chairs but the experience of viewing the ocean from it is unforgettable.
Guest can sit and enjoy their drinks while having beautiful view of ocean waves along with sea breeze.
Suite : This is largest room of the cruise and guests can experience special luxury perks in this room. The suite is a large room of the cruise which has separate lounge and sometimes separate swimming pool too.
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Everfi
You have to match the boxes with the section
Answer:
Needs : Frappuccino before work each day and winter coat
Wants: monthly loan payment and paying extra on the principal loan amount
Saving: rent on your apartment
Answer:
Explanation:
.
The goal of a subsidy is to __________. a.) discourage consumption of a good b.) raise revenue for the government c.) encourage production of a good d.) avoid deadweight loss
The goal of a subsidy is to encourage production of a good.
A subsidy can be described as when the government reduces the cost of production or the cost of a good or service to consumers. It is a form of transfer of wealth from the government to consumers or producers.
The purpose of subsidies is to reduce the price of goods and services. This encourages production or consumption. Subsidies reduces the revenue of the government.
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We may request personal information when you register to receive additional information ________ our products and services.
A. regards
B. regarded
C. regarding
D. regarding to
Answer:
D) Regarding to
Horizontal Analysis of Income Statement For 20Y2, McDade Company reported a decline in net income. At the end of the year, T. Burrows, the president, is presented with the following condensed comparative income statement:
McDade Company Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $ 16,800,000 $ 15,000,000 Cost of goods sold (11,500,000) (10,000,000) Gross profit $ 5,300,000 $ 5,000,000 Selling expenses $ (1,770,000) $ (1,500,000) Administrative expenses (1,220,000) (1,000,000) Total operating expenses $ (2,990,000) $ (2,500,000) Operating income $ 2,310,000 $ 2,500,000 Other revenue 256,950 225,000 Income before income tax expense $ 2,566,950 $ 2,725,000 Income tax expense (1,413,000) (1,500,000) Net income $ 1,153,950 $ 1,225,000
1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20Y1 as the base year. Use the minus sign to indicate an amount or percent decrease. If required, round percentages to one decimal place.
2. To the extent the data permit, comment on the significant relationships revealed by the horizontal analysis prepared in (1).
1. The calculation of the horizontal analysis of McDade Company's Comparative Income Statement for the Years Ended December 31, 20Y2 and 20Y1 is as follows:
20Y2 % 20Y1 %
Sales $16,800,000 112% $ 15,000,000 100%
Cost of goods sold (11,500,000) 115% (10,000,000) 100%
Gross profit $ 5,300,000 106% $ 5,000,000 100%
Selling expenses $ (1,770,000) 118% $ (1,500,000) 100%
Administrative expenses (1,220,000) 122% (1,000,000) 100%
Total operating expenses $(2,990,000) 120% $(2,500,000) 100%
Operating income $2,310,000 92% $2,500,000 100%
Other revenue 256,950 114% 225,000 100%
Income before income tax expense $2,566,950 94% $2,725,000 100%
Income tax expense (1,413,000) 94% (1,500,000) 100%
Net income $ 1,153,950 94% $ 1,225,000 100%
The calculation of the Trend Analysis, with two examples is as follows:
Sales = 112% ($16,800,000/$15,000,000 x 100%)
Cost of goods sold = 115% ($11,500,000/$10,000,000 x 100%)
2. The significant relationships revealed by this horizontal analysis showed that sales revenue and gross profit increased by 12% and 6% respectively from 20Y1's figure, this increase did not translate into increased net income. Instead, the net income decreased by 6% in 20Y2 as a result of increased operating expenses, which witnessed a 20% increase.
Thus, The horizontal analysis of McDade Company's comparative income statement involves the calculation of percentage changes from 20Y1 to the 20Y2. The dollar amount changes can also be calculated.
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Rise Up Retail Industry Fundamentals
Review - Part 1
Matehing Vocabulary
A Allocation
B. Corporation
0, Customers
D. Manufacturers
E Products
F. Retail Product Cycle
O, Retailer
H. Wholesaler
1
People that purchase goods or services from a business
2. Any entity that produces finished products are
3 Physical goods that are bought and sold, such as food, clothes, & household
itema
4
A business or person that sells products and/or services to customers, and they
seleet merchandise and services based on the needs of a specific store, region or
community
An amount or portion of a resource assigned or distributed to a store or recipient
0 in both physical and online shopping, this explains the process from choosing the
products and services to offer to getting them in the hands of customers
An entity that buya large quantities of products directly from the manufacturer
and then sella amaller amounts of products to different retailers
8 Business that has shareholders through publicly traded stock, and usually has
centralized decision-making for ita multiple store locations.
Matching Examples
A Example of Business in Retail
B. Example of Distribution Center
G Example of Omnichannel Retail
D. Example of Retail Product (x2)
E. Example of Retail Service (x2)
Car wash
10
Customers being able to shop in person and online while also receiving texts and
emails about sales and promotions
Department store
12. Facility used for receiving, temporary storage, and distribution of goods to the retail
centers based on orders as they are received
New car tires
18 Warranty on an item
Renigerator
Answer:
give me asec
Explanation:
Give 3 sample of best practice, how airline can improve "Cost" efficiency?
It is called "cost efficiency" to the way in which a company, through specific commercial organization actions, manages to reduce the costs necessary to obtain a certain profit.
Thus, they seek to minimize the costs and operational losses of the company, with the aim of maximizing profits.
In this way, 3 ways in which an airline could increase its cost efficiency are:
fly to places with high demand, reducing presence in not so popular destinations. reduce the time on the ground for each plane, so that it generates money almost constantly. perform optimal maintenance on each plane, to avoid breakages.Learn more about efficiency in https://brainly.com/question/6672666
Unlike perfectly competitive markets, health insurance and health care markets are characterized by asymmetric information in many forms. To see the consequences, consider the following scenario: The population is evenly divided between 2 types of people: healthy people and unhealthy people. Healthy people have expected health care costs of $1000 per year. Unhealthy people have expected health care costs of $5000 per year. Unhealthy people can become healthy by working out, eating healthier, and taking preventive care. Assume that the cost of becoming healthy in terms of time and effort is $2000 per year. These people live in a city with one employer who will hire anyone who is willing to work. This employer provides complete health care to all its employees; all health care costs are covered by the insurance.
1. Do the unhealthy employees have an incentive to become healthy?
a. Yes.
b. No.
c. Not enough information.
2. What would the new actuarially fair cost of insurance be at the original firm?
3. What is the actuarial fair cost of insurance for all the workers?
1. No, unhealthy employees do not have an incentive to become healthy.
2. The new actuarially fair cost of insurance would be $5000 at the original firm.
3. The actuarial fair cost of insurance for all the workers would be $3000
1.No, unhealthy employees do not have an incentive to become healthy. This is due to the fact that the only employer in the city is giving jobs to everyone regardless of their health status. Besides, their health care cost is covered and managed by the employer by the insurance. Therefore, unhealthy employees do not have an incentive to become healthy.
2.The new actuarially fair cost of insurance can be determined by taking the probability of healthy employees and unhealthy employees with their health costs.
However, provided that all healthy people worked for the new employee, it implies that the original firm comprise of only the unhealthy workers and the new actuarially fair cost of insurance can be computed as follows:
∴
Actuarial Fair cost of insurance = Probability ( Healthy employee × cost of health) + Probability (unhealthy employee × cost of health)
Actuarial Fair cost of insurance = (0 × $1000) + (1 × $5000)
Actuarial Fair cost of insurance = $5000
Therefore, the new actuarially fair cost of insurance would be $5000 at the original firm.
3.The actuarial fair cost of insurance for all the workers refers to the total sum of required payoffs for both the healthy employees and unhealthy employees
Actuarial Fair cost of insurance = Probability ( Healthy employee × cost of health) + Probability (unhealthy employee × cost of health)
Actuarial Fair cost of insurance = [tex]\mathbf{(\dfrac{1}{2} \times \$1000) + (\dfrac{1}{2} \times \$5000)}[/tex]
Actuarial Fair cost of insurance = $500 + $2500
Actuarial Fair cost of insurance = $3000
Therefore, the actuarial fair cost of insurance for all the workers would be $3000
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Chester has negotiated a new labor contract for the next round that will affect the cost for their product Coat. Labor costs will go from $2.95 to $3.55 per unit. Assume all period and other variable costs remain the same. If Chester were to absorb the new labor costs without passing them on in the form of higher prices, how many units of product Coat would need to be sold next round to break even on the product
Based on the fact that Chester decides to absorb the new labor cost, the units needed to breakeven would be 1,566 units.
The current fixed costs are $8,346.
The current contribution margin is $11,401
The units sold are:
= Sales / Selling price
= 30,785 / 16
= 1,924 units
The new contribution margin would be:
= Current contribution margin - Increase in labor costs
= 11,401 - ( (3.55 - 2.95) x 1,924)
= $10,255.60
Breakeven point is:
= Fixed costs / Contribution margin per unit
= 8,346 / (10,255.60÷ 1,924 units)
= 1,566 units
In conclusion, the breakeven point is 1,566 units
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what is the definition of organization ? Briefly explain each part of the definition?
organization isn a group or team that works together to accomplish a task
what sources could be used to evaluate performance of people working in the following jobs:
Sales representative
TV repairer
Nursing Director at Hospital
HR Manager
Air Traffic Controller
Sources could be used to evaluate the performance of people working in the following jobs?
The correct answer is Option A. Sales representative
What are the duties of a sales representative?Sales reps are responsible for selling products and meeting customer needs while receiving orders from existing or potential retailers. They ensure that customers are satisfied and properly cared for at the time of purchase. This allows you to set up a new account for your employer.
This job requires impeccable soft sales skills such as strong communication skills, organizational skills, and problem-solving skills, as well as deep technical knowledge of products, businesses, and industries.
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A project manager is overseeing a complex custom CSM solution that has rigorous quality standards and tight schedule constraints. Since the project manager is working in a weak matrix environment, none of the resources are reporting to her functionally. She also does not have either the power or the budget to reward the team members to encourage and motivate them for their performance and contribution to the project. What kind of power should the project manager try to use in this type of situation
The kind of power that the project manager should try to use in this type of situation is an: expert power.
A project manager refers to an individual who is saddled with the responsibility of planning, controlling, maintaining, and managing a group of people (team members) that are working under him or her, especially for the execution of a project.
In Project management, a project manager has different kinds of power and these include:
Referent powerReward powerCoercive (penalty) powerFormal (legitimate) PowerExpert powerExpert power is one of the most effective kinds of power and it is typically possessed by a project manager that is a professional (expert) in a particular subject, field or project.
Since the project manager is working in a weak-matrix organizational environment and has no power or budget to reward her team members, she should use her expert power to oversee the complex custom CSM solution project.
In conclusion, the kind of power that the project manager should try to use in this type of situation is an expert power.
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What do managers need to do to implement “people strategy”? Help me pls.
Answer:
Here is 6 things
Explanation:
Understand the goals of your business. ...
Focus on the financials. ...
Draft a strategy from the business strategy. ...
Use insights and data to influence decision-making. ...
Allocate your budget. ...
Measure your success.
On-shelf in stock percentage best describes a product availability metric for a ______.
Based on the information given, it can be deduced that on-shelf in stock percentage relates to the retailer.
It should be noted that on shelf in stock percentage simply means the measurement of the percentage of time that a particular product will be available on a shelf in a store.
On-shelf in stock percentage best describes a product availability metric for a retailer. This simply means a business where consumers buy goods from.
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When assessing whether product release deadlines were met during the first three months of the year, the quality assurance (QA) team noted that they were late 23 percent of the time. During that time, the team had hired two new specialists. The team immediately assessed their processes, including that of approving lot records, a required step to ensure that each lot met product requirements, which then triggered a product release. They found that the new QA reviewers were slow to make decisions because of lack of experience and knowledge. Which statement best explains why analyzing the lot record process and identifying the major constraint for product release was helpful to the QA director so she could take action to improve?a. Knowing what the constraint was helped the QA director to watch deadlines more closely as she is the one responsible for meeting them.
b. Analyzing the root cause of the delays helped the QA director alert the new specialists that their work was not acceptable.
c. Understanding what went wrong helped the QA director rethink her hiring policy and process so she could identify stronger candidates.
d. Identifying the constraint informed the QA director of the need for increased training for the new specialists.
Identifying the constraint declared the QA director the requirement for increased training for the unique specialists. This statement best describes why investigating the lot record operation and identifying the major constraint for product release existed useful to the QA director.
Who is a QA director?Quality assurance or QA director creates sure high-quality products exist delivered on time and within budget. The role manages all the systems, processes, and enterprises that alleviate quality issues. Directors work with internal partners whose obligations connect to compliance and production. The Head of Quality Assurance assumes ownership of the department's performance as well as obligation over the resolution of technical issues and debugging movements of the business's software/products.
Therefore, the (d) option exists as the correct answer.
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buying Fisher Industries, which has earnings per share of $1.50, 3.5 million shares outstanding, and a share price of $15. Brutus will pay for Fisher by issuing new shares. There are no expected synergies from the transaction. If Brutus pays no premium to acquire Fisher, what will the earnings per share be after the merger
If Brutus buys Fisher with new shares and with no premium, the new earnings per share after the merger would be $2.94
Brutus currently has 5 million shares which are valued at $32 for a total worth of:
= 5 x 32
= $160,000,000
Fisher has 3.5 million shares valued at $1.50 for a total worth of:
= 1.5 x 3.5
= $5,250,000
The shares to be issued can be found as:
= Share price of Fisher / Share price of Brutus x Fisher shares
= 15 / 32 x 3.5 million shares
= 1,640,625 shares
The total number of shares are now:
= Brutus shares + Shares issued to acquire Fisher
= 5 million + 1,640,625
= 6,640,625 shares
The new EPS would be:
= (Earnings of Brutus + Earnings of Fisher) / Number of shares
= ( (3 x 5 million) + (1.50 x 3.5 million)) / 6,640,625
= $2.94 per share
In conclusion, the new EPS is $2.94
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Select True or False for each of the following statements about Types of Fraud, Scams, and Money Laundering
Red Flags.
Answer:
You Need To Provide More Information on the Question For An Answer
Explanation:
Not Information
Speciality Steel Inc. will manufacture and sell 250,000 units of their product next year. Fixed costs will be $250,000. Variable costs will be 40% of sales. The firm wants to achieve a level of earnings before interest and taxes of $260,000. What selling price per unit is needed to accomplish this
Based on the amount to be sold and the intended level of earnings, the selling price per unit should be $3.40
The Contribution margin needed is:
= Fixed cost + Required earnings
= 250,000 + 260,000
= $510,000
To get to this amount, the sales should be:
Contribution margin = Sales x ( Selling price - Variable cost)
510,000 = 250,000 × 0.6x
510,000 = 150,000x
x = 510,000 / 150,000
x = $3.40
In conclusion, the selling price is $3.40
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Once an online catalog is in place, there are high costs in maintaining and accessing it.
True
False
Answer:
False, once an online catalog is in place, there is little cost in maintaining it
