In April 2019, Van Dyck Exponents offered 250 shares for sale in an IPO. Half of the shares were sold by the company and the other half by existing shareholders, each of whom sold exactly half of their existing holding. The offering price to the public was $56 and the underwriters received a spread of 7%. The issue was heavily oversubscribed and on the first day of trading the stock price rose to $151.
a-1. What were the proceeds of the issue to the company?
a-2. What were the proceeds of the issue to the shareholders?
b. How much commission did the underwriters receive?
c. How much money was left on the table?
d. What was the cost of the underpricing to the selling shareholders?

Answers

Answer 1

The proceeds of the issue to the company were $7,000, the commission received by the underwriters was $980, the amount of money left on the table was $11,875 and the cost of the underpricing to the selling shareholders was $5,937.50.

A-1. The proceeds of the issue to the company were $7,000. This is calculated by taking half of the 250 shares offered for sale (125 shares) and multiplying it by the offering price of $56 per share ($56 x 125 = $7,000).

A-2. The proceeds of the issue to the shareholders were also $7,000. This is calculated in the same way as the proceeds to the company, by taking half of the 250 shares offered for sale (125 shares) and multiplying it by the offering price of $56 per share ($56 x 125 = $7,000).

B. The commission received by the underwriters was $980. This is calculated by taking the total proceeds of the issue ($14,000) and multiplying it by the spread of 7% (0.07 x $14,000 = $980).

C. The amount of money left on the table was $11,875. This is calculated by taking the difference between the first day trading price ($151) and the offering price ($56) and multiplying it by the total number of shares offered for sale (250 shares) ($151 - $56 = $95 x 250 = $11,875).

D. The cost of the underpricing to the selling shareholders was $5,937.50. This is calculated by taking half of the amount of money left on the table ($11,875 / 2 = $5,937.50).

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Related Questions

Explain the term "balance of payment". list and discuss its components.
list the pros and cons of a current account deficit

Answers

The term "balance of payment" refers to the record of a country's transactions with the rest of the world. It is a summary of all the transactions that a country has made with other countries during a given period of time, usually one year. The balance of payment includes the following components:

1. Current Account: This includes transactions related to goods and services, income, and current transfers. It is the difference between a country's exports and imports.

2. Capital Account: This includes transactions related to the purchase and sale of assets, such as real estate, stocks, and bonds.

3. Financial Account: This includes transactions related to foreign direct investment, portfolio investment, and reserve assets.

A current account deficit occurs when a country imports more goods and services than it exports. This can have both pros and cons:

Pros:
- It can lead to an increase in domestic consumption and a higher standard of living.
- It can lead to an increase in investment and economic growth.

Cons:
- It can lead to an increase in foreign debt.
- It can lead to a decrease in the value of the domestic currency.

Overall, the balance of payment is an important indicator of a country's economic health and its relationship with the rest of the world. It is important for policymakers to carefully monitor and manage the balance of payment to ensure a stable and prosperous economy.

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There are many factors influencing the cost of money for both individuals and corporations. In some cases, cash flows are received in advance, and in other cases, cash flows are received at the end of a period. In still other cases, cash flows are received either quarterly, semi-annually, or yearly. How often interest compounds also has an effect on the cost of money. Find out what your bank is currently paying in interest on a savings account, and when they pay this interest. Report how your bank collects interest on their consumer loans. Explain how the way they collect and pay interest has an effect on interest compounding and on the cost of capital.

Answers

The cost of money is affected by many factors, including the frequency of cash flows, the timing of cash flows, and the compounding of interest. Banks typically pay interest on savings accounts either monthly, quarterly, semi-annually, or annually, and they collect interest on consumer loans in the same way. The way that a bank collects and pays interest has a significant effect on the cost of capital and the compounding of interest.

If a bank pays interest on a savings account monthly, the interest will compound more quickly than if the bank pays interest quarterly or annually. This means that the cost of capital will be lower for the bank, since they are able to earn more interest on their savings account. Similarly, if a bank collects interest on a consumer loan monthly, the interest will compound more quickly than if the bank collects interest quarterly or annually. This means that the cost of capital will be higher for the borrower, since they are paying more interest on their loan.
It is important to understand how your bank collects and pays interest, as this can have a significant effect on the cost of money for both individuals and corporations. By knowing the frequency of cash flows and the timing of cash flows, you can make informed decisions about your finances and ensure that you are getting the best possible return on your investment.

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Question 2 (25 Marks) Kloppenborg et al. (2018:392) defines project quality as characteristics of a product or service that bear on its ability to satisfy stated or implied needs. Judging from the case study, the quality of the Harmon Hotel project has a lot to be desired. Using the core value of Total Quality Management (TQM), critically discuss how the Harmon Hotel project manager could have better managed the quality of the project. Ensure that each value is discussed in detail.

Answers

According to Kloppenborg et al. (2018:392), project quality is defined as the characteristics of a product or service that bear on its ability to satisfy needs. In the case of the Harmon Hotel project, it is evident that the quality of the project was not up to par. However, by utilizing the core values of Total Quality Management (TQM), the project manager could have better managed the quality of the project.

The core values of TQM include customer focus, continuous improvement, teamwork, and integrity. The project manager could have ensured that the needs and expectations of the customer were clearly understood and met throughout the project.

Continuous improvement: The project manager could have implemented a system for continuously monitoring. Teamwork: The project manager could have fostered a culture of teamwork among all stakeholders involved in the project.

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How many ways can 5 couples be seated in a circular table if the
wives must sit together?

Answers

There are 5! (5 factorial) ways that the 5 couples can be seated in a circular table if the wives must sit together.

This is because there are 5 different spots for the wives to sit together, and then 4! (4 factorial) ways for the husbands to be arranged around the table.


1. Start with the wives sitting together. There are 5 different spots for them to sit together around the table.
2. Next, arrange the husbands around the table. There are 4! (4 factorial) ways to do this.
3. Multiply the two numbers together to get the total number of ways that the couples can be seated: 5! * 4! = 120 * 24 = 2880

So the answer is 2880 ways that the 5 couples can be seated in a circular table if the wives must sit together.

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Discuss the role of the current South African government in providing for its citizens

Answers

Answer:

The role of the current South African government is to- makes laws and sets policies for the country and provides services which fall under national competencies.

If suddenly remittance drops 10% annually due to Covid and every other thing remain constant then what will happen to the exchange rate between USD and taka. What could Bangladesh Bank do to keep the exchange rate unchanged? Make sure you draw a diagram to show your answer.

Answers

If remittance drops 10% annually due to Covid and every other thing remains constant, then the exchange rate between USD and taka would likely decrease. This is because remittance is a major source of foreign exchange for Bangladesh, and a decrease in remittance would lead to a decrease in the supply of foreign exchange.

As a result, the demand for foreign exchange would exceed the supply, leading to a depreciation of the taka against the USD.

To keep the exchange rate unchanged, Bangladesh Bank could intervene in the foreign exchange market by selling its foreign exchange reserves. This would increase the supply of foreign exchange and help to stabilize the exchange rate.

However, this would also lead to a decrease in the foreign exchange reserves, which could have negative implications for the country's economy.

Here is a diagram to show the effect of a decrease in remittance on the exchange rate:

             S1
             |
 Exg     |
  Rate   |
             |
             |
             |
             |
             |
             |       D
             +-------------------
                Quantity of USD



In this diagram, S1 represents the supply of foreign exchange before the decrease in remittance, and D represents the demand for foreign exchange. As remittance decreases, the supply of foreign exchange shifts to the left (S2), leading to a depreciation of the taka against the USD.

             S1
             |
Exg        |
Rate      |
             |
             |
             |
             | S2
             |
             |       D
             +-------------------
                Quantity of USD



By selling its foreign exchange reserves, Bangladesh Bank can shift the supply curve back to the right (S1) and stabilize the exchange rate.

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Qwan Company's payroll for the year is $737,910. Of this amount, $472,120 is for wages paid in excess of $7,000 to each individual employee. The SUTA rate in Qwan Company's state is 2. 9% on the first $7,000 of each employee's earnings. Compute:

Round your answers to the nearest cent. A. Net FUTA tax $fill in the blank 1
b. Net SUTA tax fill in the blank 2
c. Total unemployment taxes $fill in the blank 3

Answers

A. Net FUTA tax will be $1,595, B. Net SUTA tax will be $7708 C. Total unemployment taxes will be $9303

Payroll not in excess of 6% = $737,910 - $472,120 = $265,790, A. FUTA is ($265,790 × .06 = 1,594.74), B. SUTA Tax = ($265,790 × .029 = 7707.91 ), C. Total (1594.74 + 7707.91 = 9302.65)

According to the Federal Unemployment Tax Act (FUTA), every business with employees is required to pay a payroll tax, and the money collected from this tax is used to pay for unemployment benefits. By 2021, this FUTA corporation tax will be 6% of the first $7,000 each employee receives annually. While being based on an individual's wages, the FUTA payroll tax is only assessed on companies and not employees. FUTA and SUTA are comparable taxes levied on several levels of government, although FICA and FUTA finance entirely different programmes through levies on separate individuals.


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Transporting goods by ship is a low-cost mode of transportation can carry a
wide variety of goods but is very slow. Which of the following would be the
best situation to transport the goods to transport by ship?
OA. A T-shirt going from a retailer in California to a consumer in Texas
who wants overnight delivery
B. A batch of T-shirts going from a producer in Montana to a retailer
in Illinois who won't be stocking the merchandise on shelves for
another two months
C. A batch of T-shirts going from a producer in China to a retailer in
California who needs to stock the merchandise on shelves next
week
D. A batch of T-shirts going from a producer in China to a retailer in
California who won't be stocking the merchandise on shelves for
another two months

Answers

Answer:

D.

Explanation:

Only one that makes sense

17. List five examples of ‘notifiable incidents’ where a person has not been impacted or injured that need to be reported.18. Why do WHS statistics need to be reviewed and reported on?19. Discuss how the following are used when developing monitoring reports and making recommendations for change:• agendas for and minutes of meetings• committee members• consultation decisions and follow-up actions• consultation processes• diaries of meetings• WHS information provided to personnel• risk controls• safe work practices24. Identify three reasons there is a need for workplaces to establish and maintain records regarding risk assessments including risk control actions that have been implemented.25. Identify five examples of details that need to be maintained regarding WHS training plans developed by an organisation for their employees.26. List five examples of details that need to be maintained regarding WHS training undertaken by employees of an organisation.

Answers

17. It includes hazardous chemical release, structural collapse, serious injury etc.

18. To monitor workplace safety performance, identify trends etc.

19. Committee members are used to provide oversight and guidance on the development of monitoring reports.

24. To ensure all risks are identified and managed; to monitor the effectiveness of the implemented risk controls.

25. The types of training required, when and where the training will be held etc.

26. The date and duration of the training, who provided the training, the subject matter of the training, etc.

17. Notifiable incidents that need to be reported include: fire, hazardous chemical release, structural collapse, serious injury or illness of a person, and any other incident that involves the destruction or damage of property or an environment hazard.

18. WHS statistics need to be reviewed and reported on to monitor workplace safety performance, identify trends and patterns of accidents, and to identify any further areas of risk that need to be addressed.

19. Agendas for and minutes of meetings are used to keep track of who was present at the meeting, what was discussed and any decisions made. Committee members are used to provide oversight and guidance on the development of monitoring reports. Consultation decisions and follow-up actions are used to make sure the consultation process is effective and decisions are acted on.

Consultation processes are used to ensure all stakeholders are consulted and their views are taken into account. Diaries of meetings are used to keep track of all meetings regarding the development of monitoring reports. WHS information provided to personnel is used to make sure all employees are aware of the WHS standards.

24. Reasons for maintaining records of risk assessments and risk control actions include: to ensure all risks are identified and managed; to monitor the effectiveness of the implemented risk controls; and to ensure that all workers have access to the information regarding risk control measures in the workplace.
25. Details that need to be maintained regarding WHS training plans developed by an organisation for their employees include: the types of training required, when and where the training will be held, who will be delivering the training, the expected outcomes of the training, the costs associated with the training, and who needs to attend the training.

26. Examples of details that need to be maintained regarding WHS training undertaken by employees of an organisation include: the date and duration of the training, who provided the training, the subject matter of the training, who attended the training, and any assessments or tests undertaken as part of the training.

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Marquand Electric, Inc. is trying to estimate the cash flows associated with purchasing and operating an expansion facility for the production of Wi-Fi routers that would replace an old, yet still functioning facility. The new facility’s cost is $8,800,000 and would cost $200,000 in shipping and installation. The company would incur an additional $96,000 for training the staff needed to operate the new facility. A technical feasibility study that cost $45,000 to paid in a month confirmed the efficacy of the proposed facility. The old facility, which is fully depreciated but can be fully operational for the next several years, can be sold for $160,000. The estimated useful life of the new facility is 10 years. However, Randolph anticipates that it would actually operate it for only seven years then sell it. It estimates that the facility’s market price in seven years at $4,300,000. Randolph would use straight-line depreciation for the new equipment. The additional NWC required for the operation of the new facility is estimated at $320,000 initially. The NWC needs would rise to $400,000 by the end of year one, $512,000 by end of year two, $600,000 by end of year three, then go down to $480,000 in year four, then to $286,000 in year five, then to $154,000 in year six. No spoilage or theft is assumed to affect the recovery of the working capital. The new facility’s sales are expected to be 1,300,000 units per year at a price of $84 per unit. The existing facility’s sales are 400,000 units per year sold at the same price. The variable cost stays at the same level of $79/unit and the incremental fixed costs are $2,200,000. The company’s marginal tax rate is 25% and its cost of capital is 15%.
Estimate the initial net investment (net outlays) associated with the acquisition of the new facility.
Estimate the incremental annual free cash flows (FCF) generated by the new facility.
Estimate the additional terminal cash flows associated with the new facility.
Use the capital budgeting decision criteria to make a decision as to whether the new facility should be purchased. (Assume a standard payback period of 5 years).

Answers

The initial net investment associated with the acquisition of the new facility is $9,301,000. The incremental annual free cash flows associated with the new facility is $1,952,400. The additional terminal cash flows associated with the new facility is $4,454,000. Based the capital budgeting decision criteria, new facility should be purchased.

The initial net investment associated with the acquisition of the new facility is the sum of the following cost. Hence,
Cost of new facility: $8,800,000
Shipping and installation: $200,000
Staff training: $96,000
Technical feasibility study: $45,000
Sale of old facility: ($160,000)
Additional NWC: $320,000
Total initial net investment = $9,301,000

Therefore, the total initial net investment is $9,301,000

The incremental annual free cash flows associated with the new facility is calculated as:
Incremental sales: (1,300,000 - 400,000) x $84 = $75,600,000
Incremental variable costs: (1,300,000 - 400,000) x $79 = $71,100,000
Incremental fixed costs: $2,200,000
Depreciation: ($8,800,000 + $200,000 + $96,000) / 10 = $909,600
Incremental EBIT: $75,600,000 - $71,100,000 - $2,200,000 - $909,600 = $1,390,400
Taxes: $1,390,400 x 25% = $347,600
Incremental net income: $1,390,400 - $347,600 = $1,042,800
Incremental FCF: $1,042,800 + $909,600 = $1,952,400

Therefore, the incremental annual free cash flows is $1,952,400

The additional terminal cash flows associated with the new facility is calculated as:
Sale of new facility: $4,300,000
Recovery of NWC: $154,000
Total terminal cash flows = $4,454,000

Therefore, the total terminal cash flows is $4,454,000

Capital budgeting decision criteria include NPV and payback period.
Net present value (NPV): $9,301,000 + ($1,952,400 / 1.15) + ($1,952,400 / 1.15^2) + ($1,952,400 / 1.15^3) + ($1,952,400 / 1.15^4) + ($1,952,400 / 1.15^5) + ($1,952,400 / 1.15^6) + ($1,952,400 / 1.15^7) + ($4,454,000 / 1.15^7) = $4,615,677
Payback period: $9,301,000 / $1,952,400 = 4.76 years

Based on the NPV and payback period, the new facility should be purchased as it has a positive NPV and a payback period less than the standard 5 years.

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Juan dela Cruz is going to help his brother who wants to open a food store. Juan initially believes that there is a 50–50 chance that his brother’s food store would be a success. Juan is considering doing a market research study. Based on historical data, there is a 0.8 probability that the marketing research will be favorable given a successful food store. Moreover, there is a 0.7 probability that the marketing research will be unfavorable given an unsuccessful food store.(a) If the marketing research is favorable, what is Juan’s revised probability of a successful food store for his brother? What is the revised probability of an unsuccessful food store for his brother?(b) If the marketing research is unfavorable, what is Juan’s revised probability of a successful food store for his brother? What is the probability of an unsuccessful food store for his brother?(c) If the initial probability of a successful food store is 0.60 (instead of 0.50), find the probabilities in parts (a) and (b).

Answers

A)The revised probability of an unsuccessful food store for Juan's brother is 0.273.B) The revised probability of an unsuccessful food store for Juan's brother is 0.778. C)If the initial probability of a successful food store is 0.60, the revised probabilities are 0.2,0.3,0.7

To solve this problem, we will use the Bayes' theorem. The Bayes' theorem states that P(A|B) = P(B|A)P(A) / P(B),
(a) If the marketing research is favorable, the revised probability of a successful food store for Juan's brother is:
P(Success|Favorable) = P(Favorable|Success)P(Success) / P(Favorable)
= (0.8)(0.5) / (0.8)(0.5) + (0.3)(0.5)
= 0.4 / 0.55
= 0.727
The revised probability of an unsuccessful food store for Juan's brother is:
P(Unsuccessful|Favorable) = 1 - P(Success|Favorable)
= 1 - 0.727
= 0.273
(b) If the marketing research is unfavorable, the revised probability of a successful food store for Juan's brother is:
P(Success|Unfavorable) = P(Unfavorable|Success)P(Success) / P(Unfavorable)
= (0.2)(0.5) / (0.2)(0.5) + (0.7)(0.5)
= 0.1 / 0.45
= 0.222
The revised probability of an unsuccessful food store for Juan's brother is:
P(Unsuccessful|Unfavorable) = 1 - P(Success|Unfavorable)
= 1 - 0.222
= 0.778
(c) If the initial probability of a successful food store is 0.60, the revised probabilities are:
P(Success|Favorable) = P(Favorable|Success)P(Success) / P(Favorable)
= (0.8)(0.6) / (0.8)(0.6) + (0.3)(0.4)
= 0.48 / 0.6
= 0.8
P(Unsuccessful|Favorable) = 1 - P(Success|Favorable)
= 1 - 0.8
= 0.2
P(Success|Unfavorable) = P(Unfavorable|Success)P(Success) / P(Unfavorable)
= (0.2)(0.6) / (0.2)(0.6) + (0.7)(0.4)
= 0.12 / 0.4
= 0.3
P(Unsuccessful|Unfavorable) = 1 - P(Success|Unfavorable)
= 1 - 0.3
= 0.7

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Andy takes out a 15-year mortgage of $130000 to purchase a home. If the annual interest rate is 7.2% and is compounded monthly, how much is his monthly payment? et dollars.

Answers

Andy takes out a 15-year mortgage of $130000 to purchase a home. If the annual interest rate is 7.2% and is compounded monthly, Andy's monthly payment is $1424.27.

To find Andy's monthly payment on his mortgage, we can use the following formula:
Monthly Payment = (Loan Amount x Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)^(-Number of Monthly Payments))
First, we need to find the monthly interest rate and the number of monthly payments. The monthly interest rate is the annual interest rate divided by 12:
Monthly Interest Rate = 7.2% / 12 = 0.006
The number of monthly payments is the number of years in the mortgage multiplied by 12:
Number of Monthly Payments = 15 x 12 = 180
Now we can plug these values into the formula:
Monthly Payment = ($130000 x 0.006) / (1 - (1 + 0.006)^(-180))
Monthly Payment = $780 / (1 - 0.4525)
Monthly Payment = $780 / 0.5475
Monthly Payment = $1424.27
Therefore, Andy's monthly payment is $1424.27.
Here is the answer in HTML format:

To find Andy's monthly payment on his mortgage, we can use the following formula:

Monthly Payment = (Loan Amount x Monthly Interest Rate) / (1 - (1 + Monthly Interest Rate)^(-Number of Monthly Payments))

First, we need to find the monthly interest rate and the number of monthly payments. The monthly interest rate is the annual interest rate divided by 12:

Monthly Interest Rate = 7.2% / 12 = 0.006

The number of monthly payments is the number of years in the mortgage multiplied by 12:

Number of Monthly Payments = 15 x 12 = 180

Now we can plug these values into the formula:

Monthly Payment = ($130000 x 0.006) / (1 - (1 + 0.006)^(-180))

Monthly Payment = $780 / (1 - 0.4525)

Monthly Payment = $780 / 0.5475

Monthly Payment = $1424.27

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Consider an entrepreneur with the following opportunity. For an initial investment of $1,400 this year, a project will generate either cash flows of $1,000 or $3,000 whether the economy is weak or strong. Both scenarios are equal probability. The risk free rate is 5% and the risk premium of the project is 10%. Assuming the capital markets are perfect, the entrepreneur will borrow $300 at 5% interest rate to finance the entire project. What is the cost of equity for the project?

Answers

The cost of equity for the project can be calculated using the CAPM equation,  In this case, the cost of equity is 15%.

The cost of equity for the project can be calculated using the Capital Asset Pricing Model (CAPM) formula:
Cost of Equity = Risk Free Rate + (Risk Premium x Beta)

Given that the risk free rate is 5% and the risk premium is 10%, we can plug these values into the formula to find the cost of equity:
Cost of Equity = 5% + (10% x Beta)

Since the entrepreneur is borrowing $300 at a 5% interest rate, the cost of debt is also 5%.

To find the Beta of the project, we can use the formula:
Beta = (Cost of Equity - Risk Free Rate) / Risk Premium

Plugging in the values from the question, we get:
Beta = (Cost of Equity - 5%) / 10%

Rearranging the formula and solving for the cost of equity, we get:
Cost of Equity = (10% x Beta) + 5%

Since the initial investment is $1,400 and the entrepreneur is borrowing $300, the equity investment is $1,100 ($1,400 - $300).

The cost of equity for the project is therefore:
Cost of Equity = (10% x $1,100) + 5%
Cost of Equity = $110 + 5%
Cost of Equity = 15%

Therefore, the cost of equity for the project is 15%.

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You have just purchased a car and taken out a
$43,000
loan. The loan has a​ five-year term with monthly payments and an APR of
6.3%.
a. How much will you pay in​ interest, and how much will you pay in​ principal, during the first​ month, second​ month, and first​ year? (Hint: Compute the loan balance after one​ month, two​ months, and one​ year.)
b. How much will you pay in​ interest, and how much will you pay in​ principal, during the fourth year​ (i.e., between three and four years from​ now)?
​(Note: Be careful not to round any intermediate steps less than six decimal​ places.)

Answers

a. interest and principal paid in the first month is 226.08 and 605.79

interest and principal paid in the second month are 224.59 and 607.28

interest and principal paid in the first year are 2712.96 and 7273.48

b. The total interest paid in the fourth year is $1812.58 and the total principal paid is $8174.86.

a. To answer this question, we will need to use the amortization formula:

Monthly payment = (P * r) / (1 - (1 + r)^(-n))

Where P is the principal amount, r is the monthly interest rate, and n is the number of monthly payments.

Monthly payment = (43000 * 0.063/12) / (1 - (1 + 0.063/12)^(-5*12)) = 831.87

To find the interest and principal paid in the first month, we will use the following formulas:

Interest = P * r
Principal = Monthly Payment - Interest

For the first month:
Interest = 43000 * 0.063/12 = 226.08
Principal = 831.87 - 226.08 = 605.79

For the second month:
Interest = (43000 - 605.79) * 0.063/12 = 224.59
Principal = 831.87 - 224.59 = 607.28

For the first year:
Interest = (43000 * 0.063/12) * 12 = 2712.96
Principal = (831.87 * 12) - 2712.96 = 7273.48

b. To find the interest and principal paid in the fourth year, we will first need to find the loan balance at the end of the third year:

Loan balance = 43000 - (605.79 + 607.28 + ... + 7273.48) = 28752.05

Then we will use the same formulas as before to find the interest and principal paid in the fourth year:

Interest = (28752.05 * 0.063/12) * 12 = 1812.58
Principal = (831.87 * 12) - 1812.58 = 8174.86

So the total interest paid in the fourth year is $1812.58 and the total principal paid is $8174.86.

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You are applying for a job as a manager and are at the point of negotiating salary and benefits. What benefits must your employer provide you (government-mandated, non-negotiable benefits)? What benefits are voluntarily provided by employers and thus potentially negotiable? What benefits package would you try to negotiate for yourself?

Answers

The government-mandated, non-negotiable benefits that an employer must provide include Social Security and Medicare taxes, unemployment insurance, workers' compensation, and family and medical leave. These benefits are required by law and cannot be negotiated.

Voluntarily provided benefits by employers, and thus potentially negotiable, include health insurance, retirement plans, paid time off, and employee assistance programs. These benefits are not required by law but are often offered by employers to attract and retain employees.

In negotiating a benefits package for myself, I would prioritize the benefits that are most important to me and my family. This could include negotiating for a higher employer contribution to health insurance premiums, additional paid time off, or a higher employer match for retirement contributions.

It is important to consider the value of these benefits and weigh them against the salary being offered. Additionally, it is important to communicate effectively and be willing to compromise in order to reach a mutually beneficial agreement.

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Sarbanes-Oxley Act controls all the following except:monopoliescensureindividual accountabilitypublic accounting requirementsHostile takeover in the field of strategic management refers to which of the following?A takeover that is deemed illegal by the SEC.A takeover that is forced to take on assets/liabilities that would become very unattractive.A takeover that forces the unfriendly firm to repurchase large amounts of stock at a premium.A takeover that is strongly resisted by the target firm.

Answers

The Sarbanes-Oxley Act does not control monopolies.As for the second question, a hostile takeover in the field of strategic management refers to "A takeover that is strongly resisted by the target firm."

Monopolies  is primarily concerned with regulating financial practices and ensuring transparency and accountability in publicly traded companies. Therefore, the correct answer to the first question is "monopolies."

This type of hostile takeover occurs when one company attempts to acquire another company without the consent of the target company's board of directors or management. It is often characterized by aggressive tactics, such as buying large amounts of stock in the target company or making a public offer to buy the company at a premium price.

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Swifty Industries had sales in 2021 of $5,453,600 and gross profit of $882,200. Management is considering two alternative budget plans to increase its gross profit in 2022.Plan A would increase the unit selling price from $8.00 to $8.40. Sales volume would decrease by 100,250 units from its 2021 level. Plan B would decrease the unit selling price by $0.50. The marketing department expects that the sales volume would increase by 104,260 units.At the end of 2021, Swifty has 32,080 units of inventory on hand. If Plan A is accepted, the 2022 ending inventory should be 28,070 units. If Plan B is accepted, the ending inventory should be equal to 48,120 units. Each unit produced will cost $1.5 in direct labor, $1.3 in direct materials, and $1.2 in variable overhead. The fixed overhead for 2022 should be $1,519,790.A) prepare a sales budget for under each planB)prepare a product budget for 2020 under each planC)compute the production cost per unit under each plan, why is the cost per unit different for each of the two plans?D) which plan should be accepted? compute gross profit under each plan

Answers

A) The sales budget for Plan A is $44,968,140 and for Plan B is $41,684,950. B) The production budget for Plan A is 5,349,340 units and for Plan B is 5,573,900 units. C) Product cost per unit for Plan A is $4.28 and for Plan B is $4.27. It differs due to fixed overhead distributed over different number of units produced. D) The gross profit for Plan A is $22,056,602 and for Plan B is $17,953,905.80. Plan A should be accepted.

A) Sales Budget for Plan A:

Unit selling price: $8.40
Sales volume: 5,453,600 - 100,250 = 5,353,350 units
Total sales: 5,353,350 units x $8.40 = $44,968,140

Sales Budget for Plan B:

Unit selling price: $8.00 - $0.50 = $7.50
Sales volume: 5,453,600 + 104,260 = 5,557,860 units
Total sales: 5,557,860 units x $7.50 = $41,684,950

B) Production Budget for Plan A:

Beginning inventory: 32,080 units
Ending inventory: 28,070 units
Sales volume: 5,353,350 units
Production volume: 5,353,350 - 32,080 + 28,070 = 5,349,340 units

Production Budget for Plan B:

Beginning inventory: 32,080 units
Ending inventory: 48,120 units
Sales volume: 5,557,860 units
Production volume: 5,557,860 - 32,080 + 48,120 = 5,573,900 units

C) Production Cost per Unit for Plan A:

Direct labor: $1.5
Direct materials: $1.3
Variable overhead: $1.2
Fixed overhead: $1,519,790 / 5,349,340 units = $0.28
Total cost per unit: $1.5 + $1.3 + $1.2 + $0.28 = $4.28

Production Cost per Unit for Plan B:

Direct labor: $1.5
Direct materials: $1.3
Variable overhead: $1.2
Fixed overhead: $1,519,790 / 5,573,900 units = $0.27
Total cost per unit: $1.5 + $1.3 + $1.2 + $0.27 = $4.27

The cost per unit is different for each of the two plans because the fixed overhead is spread over a different number of units produced.

D) Gross Profit for Plan A:

Total sales: $44,968,140
Total cost of goods sold: 5,353,350 units x $4.28 = $22,911,538
Gross profit: $44,968,140 - $22,911,538 = $22,056,602

Gross Profit for Plan B:

Total sales: $41,684,950
Total cost of goods sold: 5,557,860 units x $4.27 = $23,731,044.20
Gross profit: $41,684,950 - $23,731,044.20 = $17,953,905.80

Based on the calculations, Plan A should be accepted as it results in a higher gross profit of $22,056,602 compared to Plan B's gross profit of $17,953,905.80.

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Securities trading is relatively simple. Firstly, investors have to determine the financial assets they want to trade. Different financial assets are traded in different markets. Discuss the THREE (3) advantages and TWO (2) disadvantages of being a holder of the common stock of Hibiscus Petroleum Berhad as opposed to being a bondholder.

Answers

Securities trading involves buying and selling financial assets, such as stocks and bonds, in order to make a profit. One type of financial asset that investors may choose to trade is common stock. In this case, we will discuss the advantages and disadvantages of being a holder of the common stock of Hibiscus Petroleum Berhad as opposed to being a bondholder.

Advantages of holding common stock:
1. Potential for higher returns: Common stockholders have the potential to earn higher returns on their investment than bondholders, as the value of the stock can increase over time.
2. Voting rights: Common stockholders have the right to vote on important company decisions, such as electing board members and approving mergers and acquisitions.
3. Dividend payments: Common stockholders may receive dividend payments, which are a portion of the company's profits distributed to shareholders.

Disadvantages of holding common stock:
1. Risk: Common stock is generally considered to be a riskier investment than bonds, as the value of the stock can fluctuate greatly and there is no guarantee of a return on investment.
2. No priority in bankruptcy: In the event that the company goes bankrupt, common stockholders are last in line to receive any remaining assets, after bondholders and other creditors have been paid.

Overall, while holding common stock of Hibiscus Petroleum Berhad may offer the potential for higher returns and certain rights and benefits, it also comes with a higher level of risk and less priority in the event of bankruptcy. It is important for investors to carefully consider these factors before making a decision about whether to invest in common stock or bonds.

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If a country exports more than it imports, it has a trade surplus.
True
False

Answers

The statement if a country exports more than it imports, it has a trade surplus is true.

What is a trade surplus?

A trade surplus tend to occur in a situation  where  a country  or a nation exports additional goods and services than  they  imports, resulting in a positive balance of trade.

This means that the country has a net inflow of money from exporting more than it spends on imports. In contrast, a trade deficit occurs when a country imports more than it exports, resulting in a negative balance of trade, meaning the country has a net outflow of money.

Therefore the statement is true.

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If you tell me a good counter to this argument fast, I'll give u brainliest + five star (HELP)
If a school duration is not year-round, then students will most likely forget alot of things they learned over school year.

Answers

We certainly blank out things over time, and there's no reason to evaluate that what students learn in school should be an exception.

What do you mean by Argument?

Making an argument involves two or more individuals reacting to one another's claim and support for such a claim.

There are a few unusual reasons why the brain forgets, but the two main causes are decay and disuse. Decay is a natural process that refers to the gradual loss of information over time. When we first learn something, it is stored in our short-term memory, which is relatively small and can only hold a very small amount of information.

Therefore, The statement “If a school duration is not year-round, then students will most likely forget a lot of things they learned over the school year.” is correct.

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what kind of accountent are you if you are asked to do the following,
You are an Analyst for the professional service firm, BUSI 1043 LLP. Your firm specializes in providing a wide variety of internal business solutions for different clients. It is your first day on the job and a Manager in the Consulting area asks you for some help with an investment decision for one of your large clients, Big Spenders Inc.

Answers

If you are asked to provide an investment decision for a large client as an accountant, you are most likely a financial analyst. As a financial analyst, you would provide guidance and recommendations on financial strategies and investments to help the client meet their goals.


Financial analysts are responsible for analyzing financial data and providing recommendations to businesses and individuals about investment decisions. They are often employed by professional service firms, like BUSI 1043 LLP, to provide consulting services to clients on a wide variety of internal business solutions.

Financial analysts typically have a strong background in accounting, finance, and business, and use their knowledge and expertise to help clients make informed investment decisions.

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PLEASE HELPP
What is the basic sequence of events in the design process?

Create a prototype, collect customer feedback, order raw materials
Purchase equipment, hire staff, begin production
Determine characteristics of product, create a prototype, create a technical plan
Order raw materials, create proprietary software, assemble prototype

Answers

The typical fundamental order of events in the design process is as follows: Determining the issue or need, accumulating data and needs

What is the basic sequence of events in the design process?

Generating a thorough design strategy, coming up with a prototype, testing it, making adjustments, and then putting the finishing touches on the project.

To better understand the needs and limitations for the solution, the problem or need must first be recognized and information must be obtained. Afterwards, a preferred solution is chosen after considering a variety of options. The qualities and technical requirements of the product are then outlined in a thorough design plan.

The next step is to create and test a prototype, iterating the design as necessary in response to user feedback. The product is then created, delivered, and sold to consumers.

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If a would-be monopolist acquired most of the firms in a formerly competitive industry, worked to construct barriers to entry against new firms, and gradually accumulated more and more market power, What happens if the number of firms in a monopolistically competitive industry increases?

Answers

If a would-be monopolist acquired most of the firms in a formerly competitive industry, worked to construct barriers to entry against new firms, and gradually accumulated more and more market power, the number of firms in a monopolistically competitive industry would decrease.

This is because the monopolist would be able to exert control over the market and prevent new firms from entering the industry. As a result, competition would decrease and the monopolist would be able to charge higher prices and earn higher profits.

However, if the number of firms in a monopolistically competitive industry increases, competition would increase and the market power of the monopolist would decrease. This would result in lower prices and lower profits for the monopolist.

In a monopolistically competitive industry, firms have some market power but also face competition from other firms. As the number of firms increases, the market becomes more competitive and firms have less market power. This leads to lower prices and lower profits for the firms in the industry.

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Your neighbour is investigating the operation of a coffee shop. Her options are:-
1. Purchase of a ‘Coffee Break’ franchise at $300,000 plus 7.5% royalties.
2. Purchase of an independent coffee shop that has been operating successfully
for 5 years at a purchase price of $180,000.
3. Start her own new coffee shop.
Your neighbour hears that you are studying accounting and seeks your advice
about the best option. Justify your recommendation.

Answers

It depends on your neighbour's objectives and resources, but generally speaking, purchasing a 'Coffee Break' franchise will likely offer the most financial security.

The purchase price of $300,000 plus 7.5% royalties gives your neighbour access to an established business model, brand recognition, and support from the franchisor, as well as an ongoing income stream. The purchase of an independent coffee shop that has been operating successfully for 5 years can be a cost-effective alternative, but there may be hidden costs and risks in terms of quality of service, employee knowledge, and customer base. Starting her own new coffee shop will require more initial capital and has the highest risk, but offers the greatest potential for growth. Ultimately, it is your neighbour's decision, but it is recommended that they seek advice from a qualified accountant before making a decision.

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What is the ethics in Human Resources? Give an example based on
a company
What is the ethics in Research and Development? Give an example
based on a company

Answers

Ethics in Human Resources refers to the principles and values that guide the behavior and decision making of HR professionals.Ethics in Research and Development (R&D) refers to the principles and values that guide the behavior and decision making of R&D professionals.

These include confidentiality, fairness, respect for individual rights, and compliance with laws and regulations. An example of ethical behavior in HR is when a company implements a policy that ensures equal opportunities for all employees regardless of their race, gender.
These include honesty, integrity, and respect for the rights and well-being of research participants. An example of ethical behavior in R&D is when a company conducts clinical trials for a new drug and ensures that all participants are fully informed about the risks and benefits of the trial, and that their participation is voluntary.

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A sold to B a parcel of land for P30,000. The sale is evidenced by a memorandum of agreement of sale written in Cebuano dialect. One week later, A sold the same parcel of land to C for P40,000 which was evidenced by a formal deed of sale. Upon buying the property, C, who was aware of the first sale, immediately took possession of the land and registered the deed of sale in her favor with the Register of Deeds. When informed of the second sale, B subsequently registered an adverse claim to the property. To whom shall the parcel of land belong? Give reason/s

Answers

The parcel of land shall belong to B, the first buyer.

This is because, under Article 1544 of the Civil Code of the Philippines, the ownership of the property shall belong to the person who in good faith registered it first in the Registry of Property.

Although C registered the deed of sale in her favor with the Register of Deeds, she was aware of the first sale to B and therefore cannot be considered a buyer in good faith.

Additionally, the memorandum of agreement of sale written in Cebuano dialect is still a valid contract between A and B, even though it is not a formal deed of sale. Therefore, B has the right to register an adverse claim to the property and the ownership of the parcel of land shall belong to him.

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Briefly describe in your own words, five normalization
adjustments made to a private company’s earnings to translate to a
"reasonably well run, public company equivalent basis

Answers

The five types of normalization adjustments that can be made  to a private company's earnings to translate them to a "reasonably well run, public company equivalent basis" are non-recurring expenses, owner's compensation, related-party transactions, non-operating assets, and non-operating expenses.

Normalization adjustments are made to a private company's earnings to translate them to a "reasonably well run, public company equivalent basis." These adjustments are made to provide a more accurate representation of a company's financial performance. There are several types of normalization adjustments that can be made, but five common ones are non-recurring expenses, owner's compensation, related-party transactions, non-operating assets, and non-operating expenses.

Non-recurring expenses are expenses that are not expected to occur again in the future, such as one-time legal fees or costs associated with a natural disaster. These expenses are removed from the company's earnings to provide a more accurate representation of its ongoing financial performance. Private companies often pay their owners a salary that is significantly higher or lower than what would be paid to a CEO of a comparable public company. This adjustment is made to reflect the owner's compensation that would be paid to a CEO of a reasonably well run, public company.Related-party transactions are transactions between the company and its owners or other related parties. These transactions are often not conducted at arm's length, and therefore may not reflect the true value of the goods or services exchanged. This adjustment is made to reflect the value that would be paid in an arm's length transaction.Non-operating assets are assets that are not necessary for the company's ongoing operations, such as excess cash or investments. These assets are removed from the company's earnings to provide a more accurate representation of its operating performance.Non-operating expenses are expenses that are not necessary for the company's ongoing operations, such as interest expense on excess cash or investments. These expenses are removed from the company's earnings to provide a more accurate representation of its operating performance.

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Suggest strategies to motivate employees using the Herzbergs twofactor theory. OR Assess ways in which you could use the jobcharacteristic model to motivate employees?

Answers

Herzberg's two-factor theory suggests that motivation is driven by two distinct factors: hygiene factors and motivators. Hygiene factors are related to job satisfaction and include job security, salary, working conditions, and relationships with co-workers and supervisors. Motivators are related to job performance and include responsibility, recognition, and achievement.

To motivate employees using the Herzbergs two-factor theory, managers should focus on providing meaningful work, giving recognition and rewards, and providing opportunities for growth, development, and advancement. Additionally, they should ensure that job security and working conditions are satisfactory, and foster positive relationships with co-workers and supervisors.

The job-characteristic model suggests that motivation can be increased by improving the job itself. This includes providing employees with autonomy, task identity, task significance, feedback, and skill variety.

Autonomy allows employees to have more control over their work, task identity allows employees to see the impact of their work, task significance allows employees to see how their work is important to the bigger picture, feedback gives employees recognition for their work, and skill variety allows employees to use different skills and capabilities. By providing these elements, managers can significantly improve employee motivation and performance.

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Briefly explain the accounting treatment on measuring and recognizing a gain or loss by the debtor on a settlement of debt which involves the transfer of noncash assets. (4 marks) Also, analyze ANY TWO factors that the company will consider when accepting the transfer of non-cash assets by debtors as settlement of debt. (6 marks)

Answers

The accounting treatment for measuring and recognizing a gain or loss by a debtor on the settlement of debt which involves the transfer of noncash assets involves recognizing the difference between the fair value of the asset being exchanged for the debt and the remaining balance of the debt. If the fair value of the asset being exchanged is greater than the remaining debt balance, the difference is reported as a gain, while if it is less, the difference is reported as a loss.

When considering the acceptance of the transfer of noncash assets as settlement of debt, two factors a company should consider include the fair market value of the asset being exchanged and the cost of selling or otherwise disposing of the asset if the transfer of the noncash asset is not accepted. Additionally, the company should consider the terms of the settlement and the costs associated with rejecting the settlement and recovering the debt in the traditional manner.

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Assess your mgmt 102 term project experience using the"stage ofgroup development. OR elaborate important variables of effectiveteams?

Answers

The stage of group development can be used to assess the experience of working on a term project for MGMT 102. The stages include forming, storming, norming, performing, and adjourning.


During the forming stage, the group members get to know each other and start to establish goals and roles. This stage is characterized by excitement and anticipation about the project.
The storming stage is when conflicts may arise within the group, as members have different opinions and ideas about how to approach the project. It is important to resolve these conflicts effectively in order to move on to the next stage.
The norming stage is when the group starts to work together more effectively and establish norms for behavior and communication. This is when the group starts to make progress on the project.
The performing stage is when the group is functioning at its highest level and is able to complete the project effectively.
Finally, the adjourning stage is when the group disbands after the project is complete. This stage can be characterized by a sense of accomplishment, but also sadness about the end of the group experience.
The important variables of effective teams include clear goals, effective communication, trust, and a strong sense of commitment to the project. These variables are crucial for a team to be successful and achieve its goals.

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Alice is building a fenced-pen in her backyard for her dog, as shown (x+14 length) (x as height) Write an expression that represents the total amount of fencing she will need, in feet. If the longer dimension of the rectangle is 25 feet, how many feet of fencing does Alice need? The answer was 4x+28, but theres still moreAlice needs __ feet of fencing Mrs. Howard made a cylindrical pencil bag for her students. One holder has a height of 5 in. and a diameter of 4 in. How much material would she need to make one for all 22 of her students? Courtney burns wood in an outdoor firepit. She measures the mass of the ashes that remain after the fire, and the mass is much lower than the wood that she burned. What would be the best explanation for what Courtney observes? A. gases are released into the air B. water inside the wood solidifies C. heat caused the molecules to lose density D. atoms in the wood are destroyed Opportunity cost is an importantconcept in economics. Describe the concept of opportunitycost using a suitable example Problem 3. Let \( A=\left[\begin{array}{ll}4 & 2 \\ 2 & 1\end{array}\right] \) and \( B=\left[\begin{array}{rr}1 & -3 \\ -2 & 6\end{array}\right] \). Calculate \( A B \). What do you notice? Problem 4 The heat of operation for ethanol is 0.826KJ/G. Calculate the energy in joules required to boil 78.75 g of ethanol. The best example of local adaption is what?The ability of a company to adapt its products and services to local marketsThe ability of a company to maintain consistent quality across its global operationsThe ability of a company to tailor its marketing messages to a global audienceThe ability of a company to standardize its operations and processes worldwide In "The Thirst for First Is the Worst," how was the author affected by attempting to become more competitive? Use two details from the article to support your response. Examine at least two ways you might help students understand thesteps of glycolysis and the importance of the pyruvate, ATP, andNADH that is produced from this reaction. Blogger was created in 2004, but it is one of the platforms that has since declined significantly in popularity. Which BEST explains why this is the case? A. It was never that popular to begin with. B. Few people are interested in hosting podcasts. C. Blogs are not as popular as other forms of sharing. D. A competitor bought it and dismantled it to avoid competition. One of the approaches to fundamental analysis of exchange ratedetermination argues that the exchange rate is an asset price.Explain the foundations of this approach Risks involved in e-commerce include: credit card theft,computer viruses and impersonation.TrueFalse Styles Editing Voice Sensitivity 3. Given are three arbitrary three-dimensional shapes. Use these to complete the following table to see if Euler's Formula holds for these shapes (11 points) a. b. c. Figure F V F+ V E a. b. C. . If you answered "NO" for any Do all of them satisfy Euler's Formula? of them, explain your reasoning [1 point) B B A polyhedron has 10 edges and 6 vertices. How many faces does it have? Sketch a polyhedron that satisfies these conditions and name the polyhedron you drew. [2 points) What are the keys to active listening? (Open-Ended Question) To the nearest degree, find the measure of angle A given a = 6 and b = 11 What is the idea of this topic( Employment and Job Preference ofEducated Women in Oman)??? Out of 187 randomly selected adults in the United States who were surveyed, 82 exercise on a regular basis. Construct a 90% confidence interval for the proportion of all adults in the United States who exercise on a regular basis. Round to three decimal places. What do you understand about:1. A locutionary act2.An illucationary act3.A perlocutionary act SHOW WORK FOR BOTH QUESTIONS Translate this sentence into Spanish: What is your favorite food?