The EPS for Year 2 is $1.77 and the ROE for Year 2 is 8.64% for Academy Driving School.
What is EPS and ROE?The earning per share is amount that will be earned by the share holders from the net income on per share. While the ROE is the return each shareholder will get the total amount of equity engaged in the net income earned by the company in a particular year.
Computation of EPS:
[tex]\begin{aligned}\text{EPS}&=\dfrac{\text{Net Income}}{\text{Number of Common Shares}}\\&=\dfrac{\$20,740}{\$11,700}\\&=\$1.77\end{aligned}[/tex]
Computation of ROE:
[tex]\begin{aligned}\text{ROE}&=\dfrac{\text{Net Income}}{\text{Shareholders' Equity}}\times100\\&=\dfrac{\$20,740}{\$240,000}\times100\\&=8.64\%\end{aligned}[/tex]
Therefore, for Year 2 the EPS is $1.77 and ROE is 8.64%.
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The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The selling price for the product will be $45 per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows:
Procurement
Cost ($) Probability Labor Cost ($) Probability Transportation
Cost ($) Probability
10 0.25 20 0.1 3 0.75
11 0.45 22 0.25 5 0.25
12 0.3 24 0.35 25 0.3 (a) Compute profit per unit for base-case, worst-case, and best-case.
Profit per unit for base-case: $
Profit per unit for worst-case: $
Profit per unit for best-case:$
(b) Construct a simulation model to estimate the mean profit per unit.
If required, round your answer to the nearest cent.
Mean profit per unit =
(c) Why is the simulation approach to risk analysis preferable to generating a variety of what-if scenarios?
(d) Management believes that the project may not be sustainable if the profit per unit is less than $5. Use simulation to estimate the probability the profit per unit will be less than $5.
If required, round your answer to a one decimal digit percentage.
The calculated profit per unit for base-case, worst-case is, and best-case for the management of Brinkley corporation is:
$7$3 per unit$3 per unitThe Profit per unit for base-case:45 - 1 1- 24 - 3 = $7
Profit per unit for worst case:45 - 12 - 25 - 3 = $3 per unit
Profit per unit for best case:45 - 10 - 20 - 3 = 12$ per unit
b. The mean profit per unit is given as $7.05
c. The reason the simulation approach is preferable is due to the fact that it can help to determine the probability of profit as a particular amount, unlike the what-if scenario analysis.
It can also create different scenarios for possible resources.
d. The probability of the fact that the profit per unit woul be less than 5 is 9%
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How would a list of personal property and its worth help when
purchasing insurance?
A. It would help the insurance company know if the
individual will be late on insurance payments.
OB. It would help the individual decide how much
coverage he or she needs to purchase.
C. It would help the individual negotiate a better rate for
his or her insurance premiums.
D. It would help the insurance company know if the
individual is sincere or fraudulent.
Do financial resources include which of the following helps businesses expand, pivot, or consolidate?
A: Loans
B: Projected revenue
C: Employee contributions
Answer:
that would be A. Loans
Explanation:
loan - credit
who will you need to be able to effectively
Answer:
Have good listening skills so they can check understanding with the person. Using non-verbal communication is key. There may be times the service user struggles verbally. Understanding their requirement without the need to be verbal and making sure they understand is important for their treatment.
Explanation:
i hope i have explained nicely for you
Question 2 of 20
Which of the following reasons for writing a formal business document would
lead you to write a proposal?
A. To describe what tasks you completed during the week
B. To tell your manager a project is on budget and on schedule
C. To convince your manager to use a new meeting organization tool
D. To summarize what happened during a meeting
I guess the answer is C. to convince your manager to use a new meeting organization tool
True or false The fair Labor standards Act ( FLSA) requires that all employees receive time- and -half for work in excess of 40 hours in a week
Answer:
Yes, all. A non-exempt employee is eligible for overtime/compensatory time for hours in excess of 40 in a given week.
What does PAP mean?A business is classified as small based on which of the following criteria?
Group of answer choices
independently owned and operated, less than 500 employees, and significantly impacts its industry
publically owned, less than 500 employees, and significantly impacts its industry
independently owned and operated, less than 100 employees, and marginally impacts its industry
publically owned, less than 100 employees, and marginally impacts its industry
Answer:
I know this not correct:
publically owned, less than 100 employees, and marginally impacts its industry XXX
Explanation:
explain the difference between Motivation and engagement
Answer:
Engagement is a sense of purpose, belonging, and commitment to an organization, whereas motivation is the willpower and drive to act on those feelings.
Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity
Explanation:
Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity.
Ty ran a shop that sold and traded sports cards and sports memorabilia. He bought space on a billboard overlooking one of the main highways into the city and included the shop’s phone number (555-CARDS). The shop soon received a flood of phone calls inquiring about his location, stock, and business hours. The number of customers entering the store increased by tenfold and his sales doubled. Every person who traveled to Ty’s shop to look at his inventory as a result of his billboard promotion are
a.organic traffic
b.referrals
c.examples of up-selling
d.prospects
Every person who traveled to Ty’s shop to look at his inventory as a result of his billboard promotion are prospects.
Who is a prospect?A prospect is an individual or group of people with the likelihood of buying or purchasing a product.
They are in the market for the product and has the money to buy the product. They fit into who the company identify as potential customers.
Therefore, Every person who traveled to Ty’s shop to look at his inventory as a result of his billboard promotion are prospects.
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Case Study: The Case of the Unidentified Risks This project takes place in South Australia. In September 2000, ACME Fabricators advised its staff that their new factory and offices out in semi-rural Angle Vale would be ready for completion by the end of April 2002. ACME was a responsible company and liked to keep their premises clean and tidy and their staff happy. The new premises at Angle Vale were developed on a 4.5-hectare site, previously used for grain crops. Consequently, ACME decided that significant landscaping would be required to enhance the amenity of the otherwise bare land.
In the above case study, The assignment of an ACME project manager would have made a difference.
What was the assignment about?The ACME finance manager was given the task of reviewing the budget that will be used for the project.
Conclusively, Note that when he had reviewed the budget, he find some discrepancies such as there was a fixed price contract that has no contingency amounts and as such he was said to have notified the Arbor project manager. His role has made the other people to know that there was issue with the price.
See question below
a. Would the assignment of an ACME project manager have made a difference? What are your reasons for saying so
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Having the skill to coordinate different people and different tasks to work towards one goal is necessary for which of the following positions?
A: Secretary
B: Engineer
C: Manager
Answer:
C. Manager
Explanation:
The job of a manager is to organize all the units in the business for proper functioning
Which person is a candidate for purchasing property insurance?
O A. A consultant who has a virtual office
O B. A pet owner
O C. A high school student
D. A college student who owns a house
Currency is a medium of exchange for goods and services. Are Edubucks a form of currency?
Based on the explanation below, EduBucks is not a form of currency but a program or plan.
What is EduBucks?EduBucks is a program or plan that aims to enhance and supplement academic learning by offering financial assistance to teachers who want to perform innovative classroom projects that raise students' knowledge of the importance of water in Southern California.
EduBucks is also the educational credit program offered by InfoComm International to its members.
Therefore, EduBucks is not a form of currency but a program or plan.
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what question did christopher simmons case raise for the american justice system
The Christopher Simmons case raised the question of whether it is constitutional to execute defendants who were under the age of 18 at the time of their crime.
Why did christopher simmons raise the case for the american justice system?Roper v. Simmons, 543 U.S. 551 (2005), was a landmark decision in which the United States Supreme Court ruled that capital punishment for crimes committed while under the age of 18 is unconstitutional.
The 5-4 decision overturned Stanford v. Kentucky[2], in which the court upheld the death penalty for offenders over the age of 16, and overturned statutes in 25 states.
In conclusion, the Supreme Court ultimately ruled in 2005 that it is unconstitutional to execute defendants who were under 18 at the time of their crime, in the case Roper v. Simmons.
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Economics Unit 5 Study Guide
The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.
What is Government agency?The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.
The Government agency is defined as a public organization with the task to complete the work for the government.
The Government Contractor is a private business that works for the completion of the government work.
The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.
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.
Which of the following choices is not an example of a long-term goal?
owning a business
buying a house
earning money for new clothes
0.raising a family
Answer:
Earning money for new clothes.
Mark Adler earned $1,963.71 salary per month as an assistant technician at a recording studio. His new job pays $9.80 per hour with time and a half for all hours over 40 hours per week. How many hours of overtime per week will he have to work to earn the same amount per week at his current job?
Mark Adler will have to work 133.59 hours of overtime per week to earn the same amount at his current job.
Word problems in algebra?Word problems in algebra involve the use of mathematical models and variables to solve them. We use a careful and effective method to interpret the variables.
In Mark Adler's current job, it was noted that he earns $1963.71 per monthHowever, his new job pays him $9.80 per hour and a half for all hours over 40 hours per week.
It implies that if he works for over 40 hours per week, he gets paid at the rate of:
[tex]\mathbf{= 9.80 + \dfrac{9.80}{2}= \$14.7/h}[/tex]
For 40 hours, he will make 40 hr × $14.7 / hr = $588
Therefore, to make the same amount per week at his current job, he has to work for:
[tex]\mathbf{= \dfrac{\$1963.71}{\$14.7}}[/tex]
= $133.59 hours
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explain why you think you would prefer to rent or buy? When you think about being 22 years old, do you think your answer will be the same or different? Explain.
Answer:Being 22 I would not buy as i would trust my judgment skills on where the market is, and don't think I'd have an extra $300k sitting around to buy a house. So rent is the large solution for that. I will have my house provided by the Gov. (joining the marines)
Explanation:
PLEASE HELP WILL MARK BRAINLIST IF RIGHT
Answer:
C) How should the goods be produced
Explanation:
In economics, it is very important to consider the consumer population as well as marketing audience, profitable products and ideas, and when they will generate the most profit.
Hope this helps!
Futura Company purchases the 69,000 starters that it installs in its standard line of farm tractors from a supplier for the price of $10.80 per unit. Due to a reduction in output, the company now has idle capacity that could be used to produce the starters rather than buying them from an outside supplier. However, the company’s chief engineer is opposed to making the starters because the production cost per unit is $11.20 as shown below: Per Unit Total Direct materials $ 4.00 Direct labor 3.20 Supervision 1.70 $ 117,300 Depreciation 1.20 $ 82,800 Variable manufacturing overhead 0.60 Rent 0.50 $ 34,500 Total product cost $ 11.20 If Futura decides to make the starters, a supervisor would have to be hired (at a salary of $117,300) to oversee production. However, the company has sufficient idle tools and machinery such that no new equipment would have to be purchased. The rent charge above is based on space utilized in the plant. The total rent on the plant is $83,000 per period. Depreciation is due to obsolescence rather than wear and tear. Required: What is the financial advantage (disadvantage) of making the 69,000 starters instead of buying them from an outside supplier?
Financial advantage (disadvantage) of making the 40,000 starters instead of buying them from an outside supplier is: $89,700.
Financial advantage (disadvantage)First step is to calculate the relevant cost of making starters
Relevant cost= Direct materials+ Direct labor+ Variable manufacturing overhead+ Supervision
Relevant cost=($4×69,000)+ ($3.20×69,000) +($0.60×69,000) + $117,300
Relevant cost=$276,000+$220,800+$41,400+$117,300
Relevant cost=$655,500
Second step is to calculate the relevant cost of buying starters
Relevant cost=$10.80 × 69,000
Relevant cost=$745,200
Third step is to calculate the financial advantage
Financial advantage=$745,200-$655,500
Financial advantage=$89,700
Therefore the financial advantage is $89,700.
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What would be your dream job working in the Sports Marketing world and why?
Answer:
I would say working with the productand giving ideas on how things are designed
Explanation:
hope this helps
who is labron james first son
Answer [3]
Hi there! I'm Lilo, and I'm here to help you :D
His eldest/first son was Bronny James
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~``
More info:
Bronny James is the eldest son of Lebron James.
He currently plays as a Point guard for Sierra Canyon High School.
He is the 24th ranked player in his high school class.
And he has been labeled a 4 - star recruit by ESPN.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Last messages:
Have a great Morning/ Afternoon/ Night :)
I'm truly sorry if this is incorrect :(
- [Lilo2was2lost]
L 5.4.2 Test (CST)!
Question 8 of 20
Which of these is a consequence of speeding?
Answer:
If you are pulled over by the police you will get a ticket for speeding.
You will go to court and be fined. In many cases, drivers can get jury duty or pay a fine depending on how much the state charges for speeding.
If you are not pulled over and are speeding the consequences can be indefinite. You can crash into another vehicle and cause physical damage to other passengers in the other vehichle not only to yourself. The damage can sometimes be irreparable like comas, paralyzed, or even brain/spinal damage.
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PLEASE HELP WILL MARK BRAINLIST
Help please
Economic
1 of 10
Which is an example of a graduated repayment plan for student loans?
Payment amounts are based on a percentage of what you earn.
Payments start lower and increase every 2 years.
Payments are low and can last up to 25 years.
O Payments are the same every month for 10 years.
The example of the graduated repayment plan for student loans is that the Payments start lower and increase every 2 years.
What is graduated repayment plan?Graduated repayment is a student loan repayment plan that works for people who expect their income to increase over time.
Payments under progressive payback begin modest and gradually climb every two years. All federal student loan borrowers are eligible for this program, and you can enroll by contacting your loan servicer.
Therefore, option B is correct.
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After jill previewed her presentation she realized thst the chart she had chosen did not reflect the data in the way she wanted it to. What can she do now?
Jill can now alter the chart data by right-clicking and selecting the 'Edit' data button. To experiment with other types of charts, click the 'Change Chart Type' button.
What exactly is a create presentation?Make a presentation from scratch or from a template. Text, photographs, art, and videos can all be added. Using PowerPoint Designer, choose a professional design. Make use of transitions, animations, and motion. Organizations and consulting firms utilize presentations to inform, instruct, inspire, and convince internal and external audiences.
They include presentations into sales, training, and internal communication campaigns, relying on the power of words and images to engage and keep their audience's attention.
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In two to three sentences, describe how you would divide a page into two columns.
Answer:
Highlight the text you wish to split into columns. Select the “Page Layout” tab. Choose “Columns” then select the type of columns you wish to apply.
Explanation:
hope it helps!!!
Suppose the reserve requirement for the United States is 20%.
Instructions: Round your answers to the nearest whole number.
a. Suppose the Federal Reserve wants to increase the money supply. What should it do to accomplish this goal?
The Fed could make an open market purchase of $20 billion, resulting in a total increase in the money supply of $ ____ billion.
b. Now suppose the Fed wants to decrease the money supply. What should it do to accomplish this goal?
The Fed could make an open market sale of $30 billion, resulting in a total decrease in the money supply of $ ____ billion.
When the Federal Reserve wants to increase the money supply, it will purchase bonds from banks.
What is Federal Reserve?It should be noted that the Federal Reserve controls the monetary aspect in an economy.
In this case, when the Federal Reserve wants to increase the money supply, it will purchase bonds from banks.
Also, when the Fed wants to decrease the money supply, the thing that should be done will be to sell bonds.
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when consumers decide when to buy a product at a certain price, what are they determining
Answer:
the value of the product
Explanation:
price is dependent of value that the consumer gives it
i might be wrong