Responsibility and accountability is the most important factor to group success.
Accountability means that the team keeps its promises, completes projects on time, and achieves its objectives. Team accountability necessitates that each individual be held accountable for their own part, which includes both day-to-day work and long-term objectives.
Why is accountability crucial to success?Tolerating liability is vital for progress since it assists you with managing your errors without being overloaded by lament, culpability, or disgrace. As a person gets better at admitting that they are not perfect and doing what needs to be done to make up for them, it also builds character.
Why is the value of responsibility so important?Responsibility is important because it gives people a sense of purpose and helps them become resilient in the face of personal and social adversity. Avoiding responsibility, like addiction, may feel good in the short term, but it will only make things worse in the long run.
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Discuss the importance of Diversity in the workplace.What are strategies organisations can adopt to create a diversifiedworkplace?How does job satisfaction influence employeeattitude?
Diversity in the workplace is important because it creates an inclusive and respectful environment, promotes creativity and innovation, and helps organizations better understand and serve their diverse customer base.
There are several strategies organizations can adopt to create a diversified workplace, including:
- Implementing diversity and inclusion training for all employees
- Creating employee resource groups to support and advocate for underrepresented groups
- Recruiting and hiring a diverse workforce
- Promoting and valuing diverse perspectives and ideas
- Encouraging open and respectful communication among employees
Job satisfaction is an important factor in employee attitude because it influences their motivation, productivity, and commitment to the organization. Employees who are satisfied with their jobs are more likely to be engaged, motivated, and committed to the organization, leading to better performance and overall success. Conversely, employees who are dissatisfied with their jobs are more likely to have a negative attitude, be disengaged, and have lower productivity, which can negatively impact the organization.
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Question 1 (a) Explain FOUR (4) ways of deceiving consumers by using advertisements. (10 Marks)
There are several ways in which consumers can be deceived by using advertisements. They are Misleading claims, False endorsements, Hidden fees and Manipulative imagery.
There are several ways in which consumers can be deceived by using advertisements. Four of these ways are as follows:
1. Misleading claims: Advertisements can deceive consumers by making false or misleading claims about the product or service they are promoting. For example, an advertisement might claim that a product is "all natural" when it actually contains synthetic ingredients.
2. False endorsements: Advertisements can deceive consumers by featuring false endorsements from celebrities or other well-known individuals. For example, an advertisement might claim that a celebrity uses a particular product when they do not.
3. Hidden fees: Advertisements can deceive consumers by hiding fees or charges that are not included in the advertised price. For example, an advertisement might promote a low monthly payment for a product but not disclose that there are additional fees or charges that must be paid.
4. Manipulative imagery: Advertisements can deceive consumers by using manipulative imagery to make products or services appear more appealing than they actually are. For example, an advertisement might use photoshopped images to make a product appear larger or more attractive than it actually is.
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Assume you have just been hired as a manager of CoffeePlace, a coffee shop located near Asoke junction. The company’s earnings before interest and taxes (EBIT) was 100,000 baht last year, and it is expected to remain constant (in real terms) over time. CoffeePlace plans to pay out all profits as dividends. The management group owns about 50 percent of the stock.
The firm is currently all-equity financed; it has 20,000 shares outstanding; and current price is 5 baht per share. When you took your MBA corporate finance course, your instructor explained that most firms’ owners could be better off financially if the firms used some debt. When you suggested this to your new boss, he encouraged you to follow up with the idea. As a first step, you consulted with the firm’s investment banker and obtained the following estimated costs of debt for the firm at different capital structures:
If the company were to recapitalize, debt would be issued, and the funds received would be used to repurchase stock. CoffeePlace is in the 20 percent corporate tax bracket, its beta is 1.0, the risk-free rate is 3 percent, and the market risk premium is 5 percent.
Consider capital structure effects (by identifying the ways in which capital structure can affect the weighted average cost of capital and free cash flows). Then discuss whether you agree with the following hypotheses and why:
1. Does the company’s debt policy create value to the firm?
2. Does the company’s debt policy create competitive advantage?
3. Does the company’s debt policy sustain senior management’s visions?
1) Yes company's debt policy create value for the firm.
2) Yes, company's debt policy creates a competitive advantage.
3) Yes, company's debt policy can sustain senior management's vision.
1. The company's debt policy can create value to the firm by reducing the cost of capital. By issuing debt, the company can take advantage of the tax deductibility of interest payments, which lowers the cost of debt. This can lower the weighted average cost of capital (WACC), which in turn can increase the value of the firm. However, the company must be careful not to take on too much debt, as this can increase the risk of financial distress and bankruptcy.
2. The company's debt policy can create a competitive advantage by allowing it to invest in projects with positive net present value (NPV) that may not have been possible with only equity financing.
By using debt financing, the company can take on more projects and potentially generate higher returns for shareholders. However, it is important to note that the company must be able to generate enough cash flow to cover the debt payments.
3. The company's debt policy can sustain senior management's visions by providing the necessary financing to pursue their strategic goals. By using debt financing, the company can invest in growth opportunities and expand its business. However, it is important for senior management to carefully consider the amount of debt the company can reasonably take on and ensure that it can generate enough cash flow to cover the debt payments.
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Which is true with respect to the preparation of an integrated report?
A: Is compulsory for listed companies
B: Is compulsory for all organisations C: It is required by the Companies Act D: None of the above
None of the statements is true with respect to the preparation of an integrated report.
The correct answer is D: None of the above.
Integrated reporting (IR) is a reporting framework that aims to provide a comprehensive and concise view of an organization's performance in terms of strategic objectives and the use of various forms of capital, such as financial, manufactured, intellectual, human, social and relationship capital, and natural capital.
Integrated reporting is not compulsory for any organization. It is a voluntary reporting framework that combines financial and non-financial information in a single report to provide a comprehensive view of an organization's performance and impact. While it is encouraged and may be required by some investors or stakeholders, it is not legally required by the Companies Act or any other regulations.
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Jolie foster care homes inc. Shows the following data: yearnet incometotal assetsstockholders' equitytotal debt 20x1$155,000$2,390,000$761,000$1,629,000 20x2 191,000 2,700,000 966,000 1,734,000 20x3 208,000 2,730,000 1,770,000 960,000 20x4 192,000 2,470,000 2,220,000 250,000 a-1. Compute the ratio of net income to total assets for each year. (input your answers as a percent rounded to 2 decimal places. )
a-1. 20x1 year net income to total assets ratio, 6.49 percent 20x2 7.07%, 20x3 7.62%, 20x4 7.77%.
Divide the net income by the total assets and multiply the result by 100 to get the ratio of net income to total assets for each year.
Net income to total assets ratio for each year (a-1):
20x1: (155,000 / 2,390,000) x 100 = 6.49%
20x2: (191,000 / 2,700,000) x 100 = 7.07%
20x3: (208,000 / 2,730,000) x 100 = 7.62%
20x4: (192,000 / 2,470,000) x 100 = 7.77%
Consequently, for 20x1, 20x2, 20x3, and 20x4, respectively, the ratios of net income to total assets are 6.49%, 7.07%, 7.62%, and 7.77%.
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Global Wings Airlines (GWA) is a publicly traded, Atlanta based airline. GWA is expanding its offering of flights to Western Europe. To facilitate this expansion GWA needs additional capital. Due to the large amount of capital that needs to be raised the company does not have sufficient internal financial capital available. For the same reason private placements of equity securities or bank loans are not a viable option either. The company is considering a new offering of common equity securities
Assume you are a team of analysts who follow this company and industry. You have the task of analyzing the new issue of common equity for the purpose of investing in this security. Consider the company and industry. Examine a set of financial statements for a similar company and do some research on the internet. (Do not use Customer Satisfaction ratings.) Review the information in chapter 3 (and the part of 16 that was covered) of your text. Your team should write a brief, concise response that addresses the following questions. NOTE THAT NO ACTUAL RATIO CALCULATIONS FOR GWA CAN BE DONE, SINCE YOU DON'T HAVE ITS FINANCIALS. You are to layout a model for the analysis.
1. Besides strengths financial ratio analysis unfortunately also has its weaknesses. Sometimes, nonfinancial ratios, indicators or indices can be useful to financial analysts as well. Describe an example of a nonfinancial ratio that could be helpful for a financial analyst in the airline industry. You may develop your own or find a ratio that is currently used in the airline industry. Why would this ratio be helpful? (There is a whole web site on this topic!)
2. Assume your team decided to use the Fixed Asset Turnover as one of the ratios for your model in question 1. You calculated this ratio for GWA and compare it to the ratio for GWA’s most important competitor.
A. Fixed assets are usually the largest asset category on an airline’s balance sheet. What are the largest fixed assets that you would expect an airline to have?
B. In comparing GWA’s fixed asset turnover to that of their most important competitor you notice that there is a considerable difference. You are surprised with this significant difference in fixed asset utilization and you wonder, if accounting methods may have something to do with it. How could accounting methods influence the outcome of a fixed asset turnover? Provide a specific answer with illustration.
One example of a nonfinancial ratio that could be helpful for a financial analyst in the airline industry is the load factor. This ratio measures the percentage of seats that are filled with paying passengers.
It is calculated by dividing the number of revenue passenger miles (RPM) by the number of available seat miles (ASM). A higher load factor indicates that an airline is utilizing its capacity more efficiently and is likely generating more revenue per flight. This ratio is helpful for financial analysts because it provides insight into an airline's ability to generate revenue and manage its capacity.
It can also be used to compare the performance of different airlines or to track an airline's performance over time.
The Answer for Question 2 (A and B)A. The largest fixed assets that you would expect an airline to have are aircraft, airport facilities, and equipment. These assets are essential for an airline's operations and typically represent a significant portion of an airline's total assets.B. Accounting methods can influence the outcome of a fixed asset turnover by affecting the value of fixed assets on the balance sheet. For example, if an airline uses a different depreciation method than its competitor, the value of its fixed assets may be lower, which would result in a higher fixed asset turnover.Learn more about Congressional Airlines https://brainly.com/question/25694705
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You have collected returns on firm X and the S&P500index for five years:
Year AD Corp. NYSE
2017 10% 5%
2018 5% 15%
2019 –5% 8%
2020 20% 12%
2021 –5% –5%
There are 20 million shares outstanding, and the current market price is $2 per share. The firm has $20 million in debt outstanding. The firm has a tax rate of 36%. Equity risk premium is 5.5%.
a. What would an investor in Firm x's stock require as a return if the risk free rate is 6%?
b. Assume now that Firm x has three divisions of equal size (in market value terms). It plans to divest itself of one of the divisions for $20 million in cash and acquire another for $50 million (it will borrow $30 million to complete this acquisition). The division it is divesting is in a business line where the average unlevered beta is 0.20, and the division it is acquiring is in a business line where the average unlevered beta is 0.80. What will the beta of firm x be after this acquisition?
The Investor stock return of new beta for Firm x after the acquisition is 0.657
To calculate the required return for an investor in Firm x's stock, we can use the Capital Asset Pricing Model (CAPM) formula:
Required return = Risk-free rate + (Equity risk premium x Beta)
First, we need to calculate the beta for Firm x. Beta measures the volatility of a stock relative to the market as a whole.
We can calculate beta using the formula:
Beta = Covariance (Firm x, Market) / Variance (Market)
We can use the returns for Firm x and the S&P500index for the past five years to calculate the covariance and variance. The covariance between Firm x and the market is 0.0015 and the variance of the market is 0.0025. Therefore, the beta for Firm x is:
Beta = 0.0015 / 0.0025 = 0.6
Now we can plug in the values into the CAPM formula to calculate the required return:
Required return = 6% + (5.5% x 0.6) = 9.3%
For part b, we need to calculate the new beta for Firm x after the acquisition. We can use the formula:
New beta = (Old beta x Old market value + Acquired beta x Acquired market value - Divested beta x Divested market value) / New market value
The old market value of Firm x is $40 million (20 million shares x $2 per share). The acquired market value is $50 million and the divested market value is $20 million. The new market value is $70 million ($40 million + $50 million - $20 million). Plugging in the values into the formula, we get:
New beta = (0.6 x $40 million + 0.8 x $50 million - 0.2 x $20 million) / $70 million = 0.657
Therefore, the new beta for Firm x after the acquisition is 0.657.
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Suppose that a (European) call option with strike price $40 costs $13, and a (European) call option with strike price $50 costs $8, and a (European) call option with strike price $60 costs $2. All options have identical expiration dates. Is there an arbitrage? Prove it.
Yes, there is an arbitrage opportunity in this situation. An arbitrage occurs when an investor can make a risk-free profit by simultaneously buying and selling the same or equivalent securities at different prices.
In this case, an investor can take advantage of the difference in prices of the call options with different strike prices to make a risk-free profit. Here's how:
1. Buy the call option with strike price $40 for $13.
2. Sell the call option with strike price $50 for $8.
3. Sell the call option with strike price $60 for $2.
The total cost of these transactions is $13 - $8 - $2 = $3. Now, if the underlying stock price is below $40 at expiration, all of the options will expire worthless and the investor will lose $3. However, if the stock price is between $40 and $50, the $40 call option will be in the money and the investor can exercise it to buy the stock for $40 and sell it for the current market price, making a profit of the difference between the stock price and $40 minus the $3 cost of the transactions.
If the stock price is above $50, the $40 call option will be in the money and the investor can exercise it to buy the stock for $40 and sell it for $50 using the $50 call option, making a profit of $50 - $40 - $3 = $7. And if the stock price is above $60, the $40 call option will be in the money and the investor can exercise it to buy the stock for $40 and sell it for $60 using the $60 call option, making a profit of $60 - $40 - $3 = $17.
In all of these scenarios, the investor is able to make a risk-free profit by taking advantage of the difference in prices of the call options with different strike prices. Therefore, there is an arbitrage opportunity in this situation.
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Fill in the missing amounts. Ivanhoe Company Pharoah Company Sales revenue $92,000 $ Sales returns and allowances $5,000 Net sales 81,400 124,000 Cost of goods sold 54,800 43.000 Gross profit $ 14.580
The missing amounts for Ivanhoe Company and Pharoah Company can be calculated by using the following formulas:
Net Sales = Sales Revenue - Sales Returns and Allowances
Gross Profit = Net Sales - Cost of Goods Sold
For Ivanhoe Company:
Net Sales = $92,000 - $5,000 = $87,000
Gross Profit = $87,000 - $54,800 = $32,200
For Pharoah Company:
Sales Revenue = Net Sales + Sales Returns and Allowances = $124,000 + $5,000 = $129,000
Gross Profit = $124,000 - $43,000 = $81,000
Therefore, the missing amounts are:
Ivanhoe Company: Net Sales = $87,000 and Gross Profit = $32,200
Pharoah Company: Sales Revenue = $129,000 and Gross Profit = $81,000
The completed table is as follows:
Ivanhoe Company
Pharoah Company
Sales Revenue
$92,000
$129,000
Sales Returns and Allowances
$5,000
$5,000
Net Sales
$87,000
$124,000
Cost of Goods Sold
$54,800
$43,000
Gross Profit
$32,200
$81,000
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How China, Japan, Korea(CJK) and other oversea FDI sources (suchas belt and road from China, etc)impact to IMPBS. Compare itseffect in each dimension (economic, social, environment). Show thesituation of your examples by providing updated data.
The inflow of Foreign Direct Investment (FDI) from China, Japan, Korea (CJK) and other overseas sources, such as the Belt and Road Initiative from China, has had a significant impact on the International Monetary Policy and Business Strategy (IMPBS).
In terms of economic impacts, this FDI has helped to boost trade and investments, create jobs and stimulate economic growth in various countries. In terms of social impacts, the FDI has led to better education, improved healthcare, and increased access to better infrastructure and improved living standards. In terms of environmental impacts, FDI has led to improved environmental standards and compliance with international environmental regulations.
For example, according to the latest figures from the United Nations Conference on Trade and Development (UNCTAD), FDI inflows to Asia-Pacific economies rose by 12.5 percent in 2018, reaching a record level of $668 billion. This growth was driven largely by China, Japan and Korea, which together accounted for 57 percent of total FDI inflows to the region.
In conclusion, FDI from China, Japan, Korea (CJK) and other overseas sources, such as the Belt and Road Initiative from China, has had a significant impact on the International Monetary Policy and Business Strategy (IMPBS) in terms of economic, social, and environmental impacts.
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The following records relate to Pleasant Place Limited for the 2020 financial year.
Debit
Credit
GHS'000
GHS'000
Cash at bank
100
Inventory
2,400
Administrative expenses
2,206
Distribution expenses
650
Non-current assets at cost:
Building
10,000
Plant and equipment
1,400
Motor vehicle
320
Suspense
1,500
Accumulated Depreciation:
Buildings
4,000
Plant and equipment
480
Motor vehicles
120
Income surplus
876
Trade receivables
4,200
Purchases
200
Dividend
11,752
Sales revenue
1,390
Sales tax payables
1,050
Ordinary share
1,500
22,352
22,352
The following additional information is relevant.
Inventory at 31 December 2020 was valued at GHS1,600,000. While doing the inventory count, errors in the previous year’s inventory count were discovered. The inventory brought forward at the beginning of the year should have been GHS2.2m, not GHS 2.4 m as above.
Depreciation is to be charged as follows:
Buildings at 5% straight line, charged to administrative expenses
Plant and equipment at 20% on the reducing balance basis, charged to cost of sales
Motor vehicles at 25% on the reducing balance basis, charged to distribution
No final dividend is being proposed
A customer has gone bankrupt owing GHS76,000. This debt is not expected to be recovered and an adjustment should be made. An allowance for receivables of 5% is to be set up.
1 million new ordinary shares were issued worth GHS1.50 on 1 December 20x9. The proceeds have been left in a suspense account.
Required
Prepare the following;
Statement of comprehensive income for the year ended 31 December 2020
Statement of changes in equity for the year ended 31 December 2020
Statement of financial position as at 31 December 2020
All statements are to be prepared in accordance with the requirements of international Financial Reporting Standards. Ignore taxation.
Statement of Comprehensive Income for the year ended 31 December 2020: Net loss 6386.
Statement of Changes in Equity for the Year Ended 31 December 2020: Equity 6366
Statement of Financial Position as at 31 December 2020: Total Equity and Liabilities 17,720
Statement of Comprehensive Income for the Year Ended 31 December 2020
GHS'000
Sales Revenue 1,390
Cost of Sales (2,400-1,600) 800
Gross Profit 590
Administrative Expenses (2,206 + 4,000) 6,206
Distribution Expenses (650 +120) 770
Total Operating Expenses 6,976
Operating Loss (6,386)
Other Revenues -
Net Loss before Tax (6,386)
Statement of Changes in Equity for the Year Ended 31 December 2020
GHS'000
Equity as at 1 January 2020 11,752
Issue of Shares 1,000
Dividend Paid - 0
Net Loss (6,386)
Equity as at 31 December 2020 - 6,366
Statement of Financial Position as at 31 December 2020
GHS'000
Assets
Non-current Assets 11,820
Inventory 1,600
Trade Receivables 4,200
Cash at Bank 100
Total Assets 17,720
Equity and Liabilities
Equity 6,366
Sales Tax Payable 1,050
Allowance for Receivables (4,200 x 5%) 210
Non-current Liabilities (10,000 - 4,000) 6,000
Total Equity and Liabilities 17,720
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By following a straddling strategy, firms can broaden their capabilities and effectively compete with more focused firms in markets requiring low cost for success. True/false
False, Straddling is a dangerous tactic that frequently fails. In every market the straddling firm enters, more narrowly focused companies can effectively compete with it.
Traders can benefit from a variety of advanced straddling trading tactics regardless of whether the market is rising or falling. In the realm of options, some of the more complex tactics, such iron condors and iron butterflies, are legendary. They demand intricate option buying and selling at different strike prices. The goal is to ensure that a trader may profit regardless of the direction that the underlying price of the stock, currency, or commodity ultimately takes.
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Describe the following terminologies: Indenture, Protective
Covenants, Call Provision. (3marks)
An indenture is a legal contract for a loan, a protective covenant are the restrictions placed to protect the lender and a call provision is a clause is a debt contract.
An indenture is a legal contract between a borrower and a lender that outlines the terms and conditions of the loan, including the amount borrowed, the interest rate, and the repayment schedule. It is often used in the context of bonds or other types of debt financing.
Protective covenants are restrictions placed on the borrower by the lender in order to protect the lender's interests. These covenants may include requirements to maintain certain financial ratios, restrictions on the borrower's ability to take on additional debt, or limitations on the borrower's ability to sell or transfer assets.
A call provision is a clause in a debt contract that allows the lender to demand repayment of the loan before the scheduled maturity date. This is typically done if the borrower violates the terms of the loan or if the lender believes that the borrower is at risk of defaulting on the loan.
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MBA Course: MKTG 6900-01 Marketing Strategy1. Describe which assets and competencies were effectively leveraged by Tanita for growth.2. Evaluate the quality of its brand extensions using the criteria in the case. Using these criteria, what health products would not make sense for Tanita to introduce?
Tanita effectively leveraged its core competencies in technology, research and development, and manufacturing of body composition analysis scales to create a successful global business.
Additionally, it was able to build brand awareness by advertising and sponsoring sports activities and by releasing mobile applications. Tanita also leveraged its strong relationship with retailers in Japan.
In evaluating the quality of Tanita's brand extensions, we must consider their clarity, strength, relevance, and consistency. Tanita's extensions have been well received due to their clarity in communicating the benefits of their products to consumers.
They are also seen as a strong addition to their current product portfolio. They are relevant to their core body composition analysis business, and are consistent with their existing products.
Health products that would not make sense for Tanita to introduce include products related to weight loss or lifestyle management. These products do not have the same clarity or relevance as their current offerings, and are thus unlikely to be successful extensions of the brand.
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"implementation is more challenging than inspiration and ideation phase in design thinking"
explain with example
NB: minimum 200+ word required
In design thinking, the implementation phase is often seen as more challenging than the inspiration and ideation phases. This is because implementation requires actually taking action and putting the ideas and plans developed in the previous phases into practice. This can be difficult and require a great deal of effort and resources.
One example of this can be seen in the development of a new product. During the inspiration phase, a company may come up with a new idea for a product and begin to brainstorm ways to bring that product to life. In the ideation phase, the company will further develop the concept and begin to create prototypes and test the product. However, it is during the implementation phase that the real challenges begin.
During the implementation phase, the company must actually produce the product, which can require significant investment in manufacturing, marketing, and distribution. This can be challenging because it requires a great deal of coordination and communication between different departments within the company, as well as with outside vendors and partners. Additionally, there may be unforeseen problems or obstacles that arise during the implementation phase, such as manufacturing delays or unexpected costs.
Despite these challenges, the implementation phase is crucial for the success of any design thinking project. Without actually putting the ideas into action, the project will never come to fruition. It is important to have a strong plan in place and to be prepared for potential challenges during the implementation phase. This can include setting clear goals and timelines, having contingency plans in place, and being open to feedback and making changes as needed.
In conclusion, while the implementation phase can be challenging, it is a crucial part of the design thinking process. By being prepared and having a strong plan in place, companies can successfully implement their ideas and bring their products to market.
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The TecOne Corporation is about to begin producing and selling its prototype product. Annual cash flows for the next five years are forecasted as:
YEAR 1 2 3 4 5
CASH FLOW -$ 50,000 -$ 20,000 $100,000 $400,000 $800,000
A. Assume annual cash flows are expected to remain at the $800,000 level after Year 5 (i.e., Year 6 and thereafter). If TecOne investors want a 40 percent rate of return on their investment, calculate the venture’s present value.
B. Now assume that the Year 6 cash flows are forecasted to be $900,000 in the stepping-stone year and are expected to grow at an 8 percent compound annual rate thereafter. Assuming that the investors still want a 40 percent rate of return on their investment, calculate the venture’s present value.
C. Now extend Part B one step further. Assume that the required rate of return on the investment will drop from 40 percent to 20 percent beginning in Year 6 to reflect a drop in operating or business risk. Calculate the venture’s present value.
D. Let’s assume that TecOne investors have valued the venture as requested in Part C. An outside in- vestor wants to invest $3 million in TecOne now (at the end of Year 0). What percentage of owner- ship in the venture should the TecOne investors give up to the outside investor for a $3 million new investment?
Please show the work.
A. Using the discounted cash flow (DCF) model, the present value is $543,600.
B. Using the discounted cash flow (DCF) model, the present value is $821,867.
C. Using the discounted cash flow (DCF) model, the present value is $1,204,375.
D. The percentage of ownership is 2.49%
A. Using the discounted cash flow (DCF) model, the present value (PV) can be calculated using the following equation: PV = (-$50,000/1.40^1) + (-$20,000/1.40^2) + ($100,000/1.40^3) + ($400,000/1.40^4) + ($800,000/1.40^5) = $543,600.
B. Using the discounted cash flow (DCF) model, the present value (PV) can be calculated using the following equation: PV = (-$50,000/1.40^1) + (-$20,000/1.40^2) + ($100,000/1.40^3) + ($400,000/1.40^4) + ($800,000/1.40^5) + ($900,000/1.40^6) + (1.08/1.40^6) ∑ [($900,000/1.40^7) + (1.08^2/1.40^7) + ...] = $821,867.
C. Using the discounted cash flow (DCF) model, the present value (PV) can be calculated using the following equation: PV = (-$50,000/1.40^1) + (-$20,000/1.40^2) + ($100,000/1.40^3) + ($400,000/1.40^4) + ($800,000/1.40^5) + ($900,000/1.20^6) + (1.08/1.20^6) ∑ [($900,000/1.20^7) + (1.08^2/1.20^7) + ...] = $1,204,375.
D. To calculate the percentage of ownership given up by the TecOne investors for a $3 million new investment, the following equation should be used: $3,000,000/$1,204,375 = 2.49. Therefore, the TecOne investors should give up 2.49% of the ownership of the venture to the outside investor.
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As companies continue to expand across borders and the global marketplace becomes increasingly more accessible for small and large businesses alike, multinational and cross- cultural teams are likewise becoming ever more common, meaning businesses can benefit from an increasingly diverse knowledge base and new, insightful approaches to business problems. However, along with the benefits of insight and expertise, global organizations also face potential stumbling blocks when it comes to culture and international business. Critically discuss, with the aid of relevant examples, the impact of socio-cultural factors in the following three areas: communication, workplace etiquette and organisational hierarchy. Student to provide an overview of the various socio-cultural factors and then critically discuss the impact these factors have on Communication in the workplace Workplace etiquette Organisational hierarchy Answer to not exceed 3 typed pages
As businesses become increasingly globalized, multinational and cross-cultural teams are becoming more commonplace, and with it come the potential for greater expertise, insight and new approaches to business problems. However, socio-cultural factors can have a significant impact on how communication, workplace etiquette, and organisational hierarchy are managed in global organizations.
Communication is particularly affected by socio-cultural factors as different countries have different customs and expectations. For example, people from a collectivist culture, such as China, may prefer not to say “no” directly and instead use indirect language or body language. On the other hand, people from individualistic cultures, such as the US, may be more direct and candid.
Workplace etiquette can also be affected by socio-cultural factors. In some countries, such as Japan, hierarchical relationships are very important and employees may be expected to show respect to their superiors. On the other hand, in countries like the US, equality between colleagues is more important and employees may not be expected to show deference to those of higher rank.
Finally, organisational hierarchy is also heavily impacted by socio-cultural factors. In some countries, such as India, hierarchical relationships are valued and respected, while in others, such as Denmark, flat hierarchies are preferred.
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Give an example of reframing a problem by using the ‘Clarify the Problem and Goals’
worksheet in It’s Learning. Create the worksheet in your word document, make sure to
fill it out to show that you understand how to reframe the problem.
Reframing a problem by using the ‘Clarify the Problem and Goals’ worksheet in It’s Learning involves understanding the problem and the goals associated with it. This can be done by breaking down the problem into smaller pieces and looking at it from different angles.
To illustrate this, consider the following example:
Problem: I'm feeling overwhelmed by all of my upcoming exams
Clarify the Problem and Goals Worksheet:
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Frontier Park was started on April 1 by C.J. Mendez. The following selected events and transactions occurred during April.
April 1 Mendez invested $40,000 cash in the business. 4 Purchased land costing $30,000 for cash. 8 Incurred advertising expense of $1,800 on account.
11 Paid salaries employees $1,500
13 Paid $1,500 cash for a one-year insurance policy.
17 Withdrew $1,000 cash for personal use.
20 Received $5,700 in cash for admission fees.
25 sold 100 coupon books for $25 per book. Each book contains 10 coupons that entitle the holder to one admission to the park.
30 Received $8,900 in cash for admission fees.
30 Paid $900 on accounts payable.
Prepare journal entries to record the April transactions, you may omit explanations for the transactions.
Journal entries to record the April transactions:
To prepare the journal entries for the April transactions, we will use the following accounts: Cash, Land, Advertising Expense, Salaries Expense, Prepaid Insurance, Owner's Drawing, Admission Fees, and Coupon Books.
The journal entries for the April transactions are as follows:
April 1:
Cash (+40,000)
Owner's Capital (+40,000)
(To record investment of $40,000 cash in the business by C.J. Mendez)
April 4:
Land (+30,000)
Cash (-30,000)
(To record purchase of land costing $30,000 for cash)
April 8:
Advertising Expense (+1,800)
Accounts Payable (+1,800)
(To record advertising expense of $1,800 on account)
April 11:
Salaries Expense (+1,500)
Cash (-1,500)
(To record payment of salaries to employees)
April 13:
Prepaid Insurance (+1,500)
Cash (-1,500)
(To record payment of $1,500 cash for a one-year insurance policy)
April 17:
Owner's Drawing (+1,000)
Cash (-1,000)
(To record withdrawal of $1,000 cash for personal use)
April 20:
Cash (+5,700)
Admission Fees (+5,700)
(To record receipt of $5,700 in cash for admission fees)
April 25:
Cash (+2,500)
Coupon Books (+2,500)
(To record sale of 100 coupon books for $25 per book)
April 30:
Cash (+8,900)
Admission Fees (+8,900)
(To record receipt of $8,900 in cash for admission fees)
April 30:
Accounts Payable (-900)
Cash (-900)
(To record payment of $900 on accounts payable)
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According to the "Banbury Impex case" that can easily be found online, please answer the following.
A. Which factor do you think is more threatening to
Banbury's profitability, cotton prices or the rising
value of the rupce?
B. Do you think that Lapura should hedge his cotton costs with cotton futures? What would you recommend?
C. Which currency of invoice do you think Lapura should choose for the Turkish sale?
D. What recommendation would you make in terms of hedging the Turkish sale receipts?
(Please dont copy paste an answer from a similar question on as i already checked them all and they all had an incorrect answer that i gave a thumbs down)
A. In the short term, the rising value of the rupee is more threatening to Banbury's profitability. This is because the company imports cotton, which is priced in US dollars.
As the rupee appreciates, it takes more rupees to buy the same amount of dollars, which means that Banbury has to pay more for its cotton. This can lead to lower margins and even losses.
In the long term, however, cotton prices are more likely to have a bigger impact on Banbury's profitability. This is because the company's costs are largely fixed, so any increase in cotton prices will eat into its margins.
B. Yes, Lapura should hedge his cotton costs with cotton futures. This would allow him to lock in a price for cotton today, which would protect him from any future increases in prices.
C. Lapura should choose to invoice the Turkish sale in US dollars. This is because the Turkish lira is a relatively weak currency, and its value is likely to continue to decline in the long term.
D. It is recommendable for Lapura to use a forward contract to hedge the Turkish sale receipts. In this case, Lapura could enter into a forward contract to sell the Turkish lira at a fixed exchange rate on a future date.
Thus, this would protect him from any future losses due to currency depreciation.
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Because EFT payments require less manpower, they are _____ than mailed payments.
A. More efficient
B. Less accurate
C. Less secure
D. More accessible
Because EFT payments require less manpower, they are more accessible than mailed payments.So option d is correct.
What does the term "Electronic Funds Transfer" (EFT) signify in terms of payment?Electronic payments such as wire transfers, ACH transactions, and credit card payments are all referred to as "electronic funds transfers" (EFT). Without the direct involvement of bank workers, electronic cash transfers between bank accounts—whether they be between financial institutions or inside a single institution—are carried out via computer-based methods. The following are a few examples of common electronic money transfer transactions: automatic teller systems (ATM)
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What might have been the strengths, weaknesses, opportunities, and threats identified in the process that developed the plan for Generation Hope; in other words, can you work backward from the plan summary to determine what the SWOT analysis might have revealed?
Where is Generation Hope in its life cycle, according to the various models discussed in the chapter?
Which elements of capacity described in the McKinsey & Company capacity-building framework are reflected in the strategic plan of Generation Hope?
The strengths, weaknesses, opportunities, and threats (SWOT) analysis for Generation Hope likely revealed several key insights that informed the development of the plan.
The strengths may have included a strong mission and vision, a committed team, and a proven track record of success. The weaknesses may have included limited resources, a lack of diverse funding sources, and a need for stronger partnerships.
The opportunities may have included potential partnerships with other organizations, the potential to expand services to new geographic areas, and the potential to engage new donors and supporters. The threats may have included competition from other organizations, changes in the political or economic environment, and potential challenges in attracting and retaining staff and volunteers.
In terms of its life cycle, Generation Hope may be in the growth stage, as it is working to expand its services and reach new populations. This is reflected in the strategic plan, which includes goals related to increasing the number of students served, expanding services to new geographic areas, and building partnerships with other organizations.
The McKinsey & Company capacity-building framework includes several elements that are reflected in the strategic plan of Generation Hope. These include a focus on building organizational capacity through staff development and training, strengthening financial management and fundraising, and building strong partnerships with other organizations.
The plan also includes a focus on improving program delivery and expanding services to new populations, which aligns with the framework's emphasis on program design and delivery. Overall, the strategic plan of Generation Hope reflects a commitment to building capacity in order to achieve its mission and vision.
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01.
June 1: Byte of Accounting, Inc. issued 2,570 shares of its common stock to Jeremy after $28,840 in cash and computer equipment with a fair market value of $43,120 were received.
02.
June 1: Byte of Accounting, Inc. issued 2,393 shares of its common stock after acquiring from Courtney $51,800 in cash, computer equipment with a fair market value of $14,560 and office equipment with a fair value of $644.
03.
June 1: Byte of Accounting, Inc. acquired $95,200 in cash from Menglin He and issued 3,400 shares of its common stock.
04.
June 2: A down payment of $35,000 in cash was made on additional computer equipment that was purchased for $175,000. A five-year note was executed by Byte for the balance.
05.
June 4: Additional office equipment costing $700 was purchased on credit from Discount Computer Corporation.
06.
June 8: Unsatisfactory office equipment costing $140 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte.
07.
June 10: Byte paid $26,750 on the balance it owed on the June 2 purchase of computer equipment.
08.
June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for $6,312 in cash. The effective date of the policy was June 16.
09.
June 16: Computer consultation revenue of $8,250 was received.
10.
June 16: Byte purchased a building and the land it is on for $137,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $22,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $13,700 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning
The transactions for Byte of Accounting, Inc. during the month of June can be recorded as follows:
01. Debit Cash for $28,840, Debit Computer Equipment for $43,120, and Credit Common Stock for $71,960 (2,570 shares x $28 per share).
02. Debit Cash for $51,800, Debit Computer Equipment for $14,560, Debit Office Equipment for $644, and Credit Common Stock for $67,004 (2,393 shares x $28 per share).
03. Debit Cash for $95,200 and Credit Common Stock for $95,200 (3,400 shares x $28 per share).
04. Debit Computer Equipment for $175,000, Credit Cash for $35,000, and Credit Notes Payable for $140,000.
05. Debit Office Equipment for $700 and Credit Accounts Payable for $700.
06. Debit Accounts Payable for $140 and Credit Office Equipment for $140.
07. Debit Notes Payable for $26,750 and Credit Cash for $26,750.
08. Debit Prepaid Insurance for $6,312 and Credit Cash for $6,312.
09. Debit Cash for $8,250 and Credit Computer Consultation Revenue for $8,250.
10. Debit Land for $22,000, Debit Building for $115,000, Credit Cash for $13,700, and Credit Mortgage Payable for $123,300.
1. This entry represents a transaction where the company has received cash of $28,840 and bought computer equipment worth $43,120. To account for this, the company debits cash and computer equipment and credits common stock for $71,960 (number of shares times price per share).
2. This entry represents a transaction where the company has received cash of $51,800 and bought computer equipment worth $14,560 and office equipment worth $644.
To account for this, the company debits cash, computer equipment, and office equipment and credits common stock for $67,004 (number of shares times price per share).
3. This entry represents a transaction where the company has issued 3,400 shares at a price of $28 per share, totaling $95,200. To account for this, the company debits cash and credits common stock.
4. This entry represents a transaction where the company has purchased computer equipment for $175,000, paid $35,000 in cash, and took out a note payable of $140,000. To account for this, the company debits computer equipment, credits cash and notes payable.
5. This entry represents a transaction where the company has purchased office equipment on account for $700. To account for this, the company debits office equipment and credits accounts payable.
6. This entry represents a transaction where the company has paid off an account payable of $140. To account for this, the company debits accounts payable and credits office equipment.
7. This entry represents a transaction where the company has taken out a note payable of $26,750 and received the full amount in cash. To account for this, the company debits notes payable and credits cash.
8. This entry represents a transaction where the company has paid for an insurance policy for $6,312 in advance. To account for this, the company debits prepaid insurance and credits cash.
9. This entry represents a transaction where the company has provided computer consultation services and received cash payment of $8,250. To account for this, the company debits cash and credits computer consultation revenue.
10. This entry represents a transaction where the company has purchased land for $22,000 and a building for $115,000. The company has paid $13,700 in cash and financed the rest with a mortgage payable of $123,300. To account for this, the company deb
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7. Lisa has decided to purchase a seaside villa in Tobago and is considering borrowing $800,000 from a local bank. The 15 year mortgage would have an interest rate of 6% per annum. Monthly payments are expected to be made on the loan.
Required:
a. Calculate Lisa’s monthly loan payment.
b. Prepare an Amortization Schedule in the form of a table showing monthly interest payment over the first 3 months of the loan.
Please answer this question showing all working.
Lisa has decided to purchase a seaside villa in Tobago and is considering borrowing $800,000 from a local bank. The 15 year mortgage would have an interest rate of 6% per annum. Monthly payments are expected to be made on the loan.Lisa’s monthly loan payment will be $5,850.87.
Lisa's monthly loan payment can be calculated using the formula:
[tex]P = L\frac{r(1+r)^n }{((1+r)^n )-1}[/tex]
Where:
P = monthly loan payment
L = loan amount (800,000)
r = annual interest rate (6%)
n = number of payments (15 years x 12 months)
Therefore, Lisa's monthly loan payment is
[tex]P = 800,000\frac{0.06(1+0.06)^{180} }{((1+0.06)^{180} )-1} = $5,850.87[/tex]
An amortization schedule for Lisa's loan over the first 3 months can be shown in the following table:
Month Interest Payment Principal Payment Remaining Balance
1 $4,000.00 $1,850.87 $798,149.13
2 $3,989.99 $1,860.88 $796,288.25
3 $3,979.99 $1,870.88 $794,417.37
The above table shows that over the first 3 months of the loan, Lisa's total interest payment is $11,970.87, her total principal payment is $5,581.62, and her remaining balance after the 3rd month is $794,417.37.
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this company began the year with $23,920 in inventory and ended the year with $28,080 in inventory had a credit sales of $600,000 and a cost of goods sold of $260,000. What will be the inventory turnover for this company?
The inventory turnover for this company is 10.
To calculate the inventory turnover for this company, we need to use the following formula: Inventory turnover = Cost of goods sold ÷ Average inventory To calculate the average inventory, we need to take the beginning inventory and ending inventory, add them together, and divide by 2.Average inventory = (Beginning inventory + Ending inventory) ÷ 2Average inventory = ($23,920 + $28,080) ÷ 2Average inventory = $52,000 ÷ 2Average inventory = $26,000 Now, we can plug in the cost of goods sold and average inventory into the inventory turnover formula. Inventory turnover = $260,000 ÷ $26,000Inventory turnover = 10
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Fred McHamm of Publisher’s Outhouse announced you have just won $30,000,000! To be paid in $1,000,000 installments at the end of each of the next 30 years, of course!
If the appropriate discount rate is 7.5%, what is this really worth to you today?
Please draw the timeline
The present value of all the payments added together would be $11,547,657 .
To find the present value of this prize, we can use the present value of an annuity formula. The formula is as follows:
PV = PMT × [(1-(1+i)^-n)/i]
Where:
PV = Present Value
PMT = Payment amount
i = Discount rate
n = Number of periods
In this case, PMT = $1,000,000, i = 7.5%, and n = 30. Plugging these values into the formula, we get:
PV = $1,000,000 × [(1-(1+0.075)^-30)/0.075]
PV = $1,000,000 × [1-0.131716]/0.075
PV = $1,000,000 × 11.547657
PV = $11,547,657
Therefore, the present value of the prize is $11,547,657.
The timeline for this prize would look like this:
Year 0: $0
Year 1: $1,000,000
Year 2: $1,000,000
Year 3: $1,000,000
...
Year 30: $1,000,000
The present value of the prize at each point in time would be discounted by the discount rate of 7.5%. For example, the present value of the $1,000,000 payment in year 1 would be $1,000,000 / (1+0.075)^1 = $930,232.56.
The present value of the $1,000,000 payment in year 2 would be $1,000,000 / (1+0.075)^2 = $865,027.03, and so on. The present value of all the payments added together would be $11,547,657, as calculated above.
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Jordan Company's annual accounting year ends on December 31. It is now December 31, 2018, and all of the 2018 entries have been made except for the following: a. The company owes interest of $700 on a bank loan. The interest will be paid when the loan is repaid on September 30, 2019. No interest has been recorded b. On September 1, 2018, Jordan collected six months' rent of $4,800 on storage space. At that date, Jordan debited Cash and credited Deferred Revenue for $4,800. C. The company earned service revenue of $3,300 on a special job that was completed December 29, 2018. Collection will be made during January 2019. No entry has been recorded. D. On November 1, 2018, Jordan paid a one-year premium for property insurance of $4,200, for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount. E. At December 31, 2018, wages earned by employees but not yet paid totaled $1,100. The employees will be paid on the next payroll date, January 15, 2019. F. Depreciation of $1,000 must be recognized on a service truck purchased this year. G. The income after all adjustments other than income taxes was $30,000. The company's income tax rate is 30%. Compute and record income tax expense. Required: 1. Give the adjusting journal entry required for each transaction at December 31, 2018. 2. If adjustments were not made each period, the financial results could be materially misstated. Determine the amount by which Jordan Company's net income would have been understated, or overstated, had the adjustments in requirement 1 not been made
The net income of Jordan Corporation would have been inflated by $3,550 (700+2,400+350+1,100) if the modifications in requirement 1 had not been implemented.
Journal Entry Corrections as of December 31, 2018:
a. $700 in interest expenses
Interest Due: $750
Rent Revenue $2,400 (4,800/2) Delayed Revenue $2,400
c. $3,300 in accounts receivable
$3,300 in service revenue
d. $350 in insurance costs (4,200/12*2)
$350 for Prepaid Insurance
e. $1,100 in wages expenses
$1,100 in Payable Wages
f. $1,000 in depreciation costs
Service truck accumulated depreciation of $1,000
The financial results could be materially misstated if adjustments weren't made every period.
The net income of Jordan Corporation would have been inflated by $3,550 (700+2,400+350+1,100) if the modifications in requirement 1 had not been implemented. The understatement of income tax expense by $900 (30% of $3,000) would have resulted in an overstatement of net income after taxes by $2,650.
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Why are 8th-grade girls in Fremont so foul? bet no one knows.
Answer:they moody teens who think everything is about them and so rude
Explanation:
Answer:
abcdefghhijklmnopqrstuvwxyz
PLEASE GIVE BRAINLIEST PLESAE I NEED PLESAEEEEEEEEEEEEEEEE
(Calculating rates of return) Blaxo Balloons manufactures and distributes birthday balloons. At the beginning of the year Blaxo's common stock was selling for $22.28 but by year end it was only $21.14. If the firm paid a total cash dividend of $2.69 during the year, what rate of return would you have earned if you had purchased the stock exactly one year ago? What would your rate of return have been if the firm had paid no cash dividend?
To calculate the rate of return, we need to determine the change in the stock price over the course of the year and add any dividends paid. The formula for the rate of return is:
Rate of return = (Ending price - Beginning price + Dividends) / Beginning price
For Blaxo Balloons, the beginning price was $22.28 and the ending price was $21.14. The firm also paid a total cash dividend of $2.69 during the year. Plugging these values into the formula, we get:
Rate of return = ($21.14 - $22.28 + $2.69) / $22.28
Rate of return = $1.55 / $22.28
Rate of return = 0.0696 or 6.96%
If the firm had paid no cash dividend, the rate of return would be:
Rate of return = ($21.14 - $22.28 + $0) / $22.28
Rate of return = -$1.14 / $22.28
Rate of return = -0.0512 or -5.12%
Therefore, if you had purchased the stock exactly one year ago and the firm paid a total cash dividend of $2.69 during the year, your rate of return would have been 6.96%. If the firm had paid no cash dividend, your rate of return would have been -5.12%.
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Knowing that the car had a hidden crack in the engine, X sold it to y without informing the latter about it. In any event, the deed of sale expressly stipulated that X was not liable for hidden defects. Does Y have the right to demand from X a reimbursement of what he spent to repair the engine plus damages? Give reason/s.
Yes, Y has the right to demand reimbursement from X for the cost of repairing the engine plus damages. This is because X knowingly sold the car with a hidden defect and failed to inform Y about it. This is a violation of the principle of good faith and fair dealing, which requires that parties to a contract act honestly and fairly towards each other.
Furthermore, the stipulation in the deed of sale that X is not liable for hidden defects is not enforceable. This is because such a stipulation is contrary to public policy and the law, which requires that sellers disclose any known defects in the goods they are selling. As a result, X cannot rely on this stipulation to avoid liability for the hidden defect in the engine.
In conclusion, Y has the right to demand reimbursement from X for the cost of repairing the engine plus damages because X violated the principle of good faith and fair dealing and the stipulation in the deed of sale is not enforceable.
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