What is the value of a zero-coupon bond with a yield to maturity of 9 percent, a par value of $1,000, and 10 years to maturity? (Assume semi-annual compounding)

Answer:

Break-even point in units= 160 units

Explanation:

Giving the following information:

Unitary variable cost= $25

Selling price per unit= $40

Fixed costs= $2,400

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 2,400 / (40 - 25)

Break-even point in units= 160 units

Answer:

Its appropriate because the company monitors its employee's use of IT system during office time not their personal devices.

Explanation:

If the company is monitoring closely its own IT systems then it is appropriate as the company is keen in increasing the employee productivity during office time. This is also appropriate if the employee is told about the close monitoring because he will not access his personal things which includes payments of utilities and other item using online banking. So this is appropriate as it is not meant to harm the employee and is part of improving employee performance.

Answer:

Jan's Bakery and Tina Cookies

Total Average Cost for the merged firm

= ($300,000 + $75,000)/2

= $187,500

Explanation:

The total average cost for Jan's Bakery and Tina's Cookies is the average of their total operating costs.  This is obtained by adding $300,000 to $75,000 and then dividing by 2.

Though, in practical terms, the presence of some synergies will cut some of the operating costs off, especially such costs as rent, advertising, and some other administrative costs.  Some selling costs will also be eliminated when the merger goes through.

Answer:

1.  Demand Schedule

2.  Law Of Demand

Explanation:

A demand schedule in economics is a tabular representation that describes the quantity demanded of a good or service at different price levels.

In other words, demand schedule depicts the quantity or units of a good or service will be purchased at various price points.

On the other hand, the law of demand states that, given that, all things being equal, as the price of a good increases, quantity demanded decreases; and at the same time, as the price of a good decreases, quantity demanded increases.

Hence, it is can be concluded that, in this case, Your task is to take this DEMAND SCHEDULE and construct a graphical representation of the data. In doing so, you determine that as the price of soda rises, the quantity of soda demanded decreases. This confirms the LAW OF DEMAND.

Answer:

Given the data, a graphical representation of an increase in price of soda resulting in a decrease in quantity demanded of soda, ceteris paribus, is given below in the attachment.

Explanation:

This confirms the law of demand, which states that, all other things being equal, the higher the price of a commodity, the lower the quantity demanded of it.

Other things that are held equal or constant include:

- taste of the consumer

- income level of the consumer

- interest rate in the economy

- level of production or supply of the commodity; etc.

View attachment below, for the graph illustrating THE LAW OF DEMAND.

- DD represents the demand curve

- The vertical axis represents the prices

- The horizontal axis represents the quantities demanded

- The equilibrium point is also seen at D4.

Answer:

c) B; A

Explanation:

For isolation the stock B is chosen as it contains the less standard deviation but for diversified portfolio stock A is chosen as the less risk is added also standard deviation is not relevant i.e unsystematic diversified risk also it involves less beta as compared with other two stocks

Hence, the correct option is C and the rest options are wrong

Answer:

1. Straight line

years 2016 to 2020 = $6,000

2. Sum of the years digits

2016 = $10,000

2017 = $8,000

2018 = $6,000

2019 = $4,000

2020 = $2,000

3. Double declining balance

2016 = $13,200

2017 = $7,920

2018 = $4,752

2019 = $2,852

2020 = $1,276

4, Units of production using miles driven

2016 = $6,600

2017 = $7,200

2018 = $4,500

2019 = $6,000

2020 = $5,700

Explanation:

purchase cost $33,000

useful life 5 years, salvage value $3,000

expected use 100,000 miles

1. Straight line

($33,000 - $3,000) / 5 = $6,000

2. Sum of the years digits

year 1 = 5/15 x $30,000 = $10,000

year 2 = 4/15 x $30,000 = $8,000

year 3 = 3/15 x $30,000 = $6,000

year 4 = 2/15 x $30,000 = $4,000

year 5 = 1/15 x $30,000 = $2,000

3. Double declining balance

year 1 = 2 x 1/5 x $33,000 = $13,200

year 2 = 2 x 1/5 x $19,800 = $7,920

year 3 = 2 x 1/5 x $11,880 = $4,752

year 4 = 2 x 1/5 x $7,128 = $2,851.20 ≈ $2,852

year 5 = $4,276 - $3,000 = $1,276

4, Units of production using miles driven

depreciation expense per mile = ($33,000 - $3,000) / 100,000 = $0.30

Year Miles

2016 22,000  x $0.30 = $6,600

2017 24,000   x $0.30 = $7,200

2018 15,000   x $0.30 = $4,500

2019 20,000   x $0.30 = $6,000

2020 (21,000  - 2,000) x $0.30 = $5,700

Answer:

21.2%

Explanation:

CAPM = risk free rate +( beta x expected market return)

5.6% + (1.25 x 12.5%) = 21.2%

Answer:

Breakeven analysis.

Explanation:

Breakeven analysis is the method used to determine the number of units a firm must sell at a specific price to cover all costs. It is a concept that allow business owners or financial experts to determine and know what they need to sell either on a monthly or annual (yearly) basis, in order to be able to cover the costs of doing the business.

Basically, it helps us to determine the amount of revenue required for the smooth operation of a business, amount of money needed to cover both fixed and variable costs. Using the breakeven analysis, production costs can be categorized as;

1.  Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.

2.  Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.

Answer: Debit Warranty Expense $25,500; credit Estimated Warranty Liability $25,500.

Explanation:

From the question, we are informed that during June, Vixen Company sells $850,000 in merchandise that has a one year warranty and that experience shows that warranty expenses average about 3% of the selling price and that customers returned $14,000 of merchandise for warranty replacement during the month.

The entry to settle the customer warranties is to debit Warranty Expense $25,500 and then credit Estimated Warranty Liability $25,500.

The warranty expense is calculated as:

= 3% × $850,000

= 0.03 × $850,000

= $25,500

Answer:

A. True

Explanation:

Tangible resources includes cash, inventory, machinery, land or buildings. they are assets that can be seen

Intangible resources are resources that cannot be seen

for example, a company has developed a resource that increases the amount of output a company produces at a lower cost. this resource would increase the capabilities of the company.

Explanation:

Organizational changes can create insecurity in workers, often caused by a lack of sufficient information and fear of the unknown.

Therefore, in the case of any organizational change, however small, it must be properly communicated to all employees, then communication is the essential ability of a leader to promote a transition of some practice or procedure in a rational, objective and clear way.

It is ideal that the leader knows how to communicate the changes using various channels, such as e-mail, panel, meetings, and explain in detail that the change will generate positive results for the work and for the organization, in order to make the workers safe and prepared.

It is also essential to provide adequate training in the event of changes in work, technological innovations, etc. The essential thing is that people management is geared towards the improvement of the employee along with the changes that are necessary and happen in every organization.

Answer: rational

Explanation:

Rational expectations is a way by which individuals make their decisions based on their past experience, self interest, human rationality and the information that they have.

Therefore, when individuals acquire, process, and act on relevant economic information promptly in their own self-interest and investigate its impact on others, they are said to have rational expectations.

Answer:

B. Explain clearly and completely.

C. Be fair.

D. Convey empathy and sensitivity.

Explanation:

The warranty for the device has already expired and it can be inferred that the water damage was from the customer because the warranty expired a while back. Since you cannot refund her, the best course of action is to explain to the customer in a clear, concise and complete tone, the problem with the phone. You should not place blame on the customer but rather be fair in your assessment. Your tone should also convey sensitivity and empathy because this is a problem that could happen to anyone and they need to know that.

Answer: 3.83 years

Explanation:

The Discounted Payback period is used to determine how long it would take a project to payback the investment made in it given required return adjusted cashflows.

Year 1.

= 17,000 / ( 1 + 11.4%)

= $15,260

Year 2

= 20,000/ 1.114²

= $16,116

Year 3

= 27,000/1.114³

= $19,530

Year 4

= 30,000/1.114⁴

= $19,480

Investment Balance up to year 3

= -67,000 + 15,260 + 16,116 + 19,530

= -$16,904

The amount left is smaller than the discounted Cashflow for Year 4 so the Investment will be paid back in year 4.

= 16,904/19,480

= 0.83

0.83 of year 4 will be taken to pay off Investment.

In total;

= 3 complete years + 0.83 in 4th year

= 3.83 years.

Answer:

2. Small household: 1-2 members.

Explanation:

The small household will require lesser things. The Sauber washer-dryer combo is suitable for small houses where there are 1 or 2 people living there. It is suitable for newly wed couple or old aged couple or 2 people living together on sharing basis. The best suited is to target such households for marketing of new washer dryer combo.

Answer:

Loss = $38

Gain = $3.5

Explanation:

The calculation of maximum per-share loss and maximum per-share gain is shown below:-

Maximum loss = Exercise price - Premium received

= $40 - $2

= $38

So, the maximum per share loss is $38

Maximum gain = Premium received

= $3.5

So, the maximum per share gain is $3.5

We simply applied the above formulas to determine each part

Answer:

$375,000

Explanation:

Unadjusted cost of goods sold = Opening stock of finished goods  + Cost of goods sold - Closing stock of finished goods

Unadjusted cost of goods sold = $79,000 + $361,600 - $72,000

Unadjusted cost of goods sold = $368,600

The overhead applied is $112,000 and the actual manufacturing overhead is $118,400. As the actual manufacturing overhead is more than the overhead applied, the overhead is under applied as shown below

Under-applied Overhead = Actual manufacturing overhead - Overhead applied

= $118,400 - $112,000

= $6,400

Now, calculation of the adjusted cost of goods sold is as follow

Adjusted cost of goods sold = Unadjusted cost of goods sold + Under-applied Overhead

= $368,600 + $6,400

= $375,000

Thus, the adjusted cost of goods sold is $375,000

Answer: C. exporting

Explanation:

As many services have to be produced where they are sold, Exporting is not very ideal in the Service industry even if it might work here and there.

Exporting is a form of FDI that means sending the good in question to another country and this is not ideal when services are needed.

For instance, you need your hair cut in Maine but Maine uses exported Barbers from Mexico City, the logistics of such a business are to understate it, untenable. The barber should be in Maine.

Answer:

X = 107.63

Explanation:

From the given information:

The amount of interest earned on this account will be:

= 85 + W - 90

= W - 5

However; the dollar weight return rate is:

[tex]\dfrac{(W-5)}{(90 - \dfrac{3}{4*W})} = 0.2[/tex]

[tex]\dfrac{(W-5)}{(90 - 0.75W})} = 0.2[/tex]

W - 5 = 0.2(90 - 0.75W)

W - 5 = 18 - 0.15 W

W + 0.15 W = 18 + 5

1.15 W = 23

W = 23/1.15

W = 20

The time weighted return rate can be computed as:

[tex]0.16 = \dfrac{X}{90} \times \dfrac{85}{X-20} -1[/tex]

[tex]1+0.16 = \dfrac{X}{90} \times \dfrac{85}{X-20}[/tex]

[tex]1.16 = \dfrac{X}{90} \times \dfrac{85}{X-20}[/tex]

1.16×((90)(X-20)) = 85X

1.16 × (90X - 1800) = 85X

104.4X - 2088 = 85 X

104.4X - 85 X = 2088

19.4X = 2088

X = 2088/19.4

X = 107.628866

X = 107.63

Answer:

4 V's of Operation

The 4 V's of operation are Volume, Variety, Variation, and Visibility.  Let us take Mrs. Happy Food Cafe with over 100 outlets in Fiacton Town, as an example to illustrate the 4 V's of operation.

Volume: As a food cafe, the volume of production that will be required for some foods and drinks is so high that their provision requires repetitive tasks.  Based on this, procedures are normally standardized in order to achieve low cost for foods and drinks.  However, it is harder to standardize services, since personal touches are added by the servers based on their individual perceptions and abilities.

Variety: Mrs. Happy Food Cafe tries to bring some variety in her offerings to satisfy the various needs of her customers.  While variety is naturally low in the Food Cafe sector, some cafes like Mrs. Happy Good Cafe, try to satisfy customers' demands by varying the foods with Continental, African, Latino cuisines and dishes.

Variation: At Mrs Happy Food cafes, the food and drinks do not vary much as customers expect to be served the same quality of services at any of their cafes.  This is because the processes are standardized to achieve low cost.  So, the variation is moderate.

Visibility: Customers of Mrs Happy Food cafes are not able to see and track their experiences of the the processes for the food preparation that they order.   But, they can track the processes for the services because services are consumed as they are offered.  So, visibility is 'Moderate," as it is divided between the hard goods and the soft goods.  With respect to goods visibility is 'Low.'  However, with respect to the services the customers' visibility of processes is high.

Explanation:

The 4 V's of operation describe the different characteristics of the processes that various entities use to transform their inputs into outputs of goods and services.  They may be high, low, or moderate.  They include, volume, variety, variation, and visibility.

The question is incomplete:

Ask Socrates, Inc., employees are allowed to dress informally. This is an example of a __________ through which organizational culture is transmitted.

A) primary procedure

B) ritual

C) material symbol

D) symbolic act

E) fundamental mechanism

Answer:

C) material symbol

Explanation:

-Primary procedure  is a document that indicates employees how to perform a core activity in the business process.

-Ritual  refers to a group of acctivities that are performed in a specific way according to an established order.

-Material symbol  is a type of non-verbal communication that goes from the employer to the employees that shows the culture of the company.

-Symbolic act  is an act that represents an idea without using words.

-Fundamental mechanism refers to a key process that helps people to perform their jobs.

According to this, the answer is that this is an example of a material symbol through which organizational culture is transmitted because a material symbol is a non-verbal form of communication from the employer to the employees and in this case, the company allows employees to dress informally and the organization's culture is communicated through this.

Answer:

Offer in-store wine and beer samples.

Explanation:

Promotional permit was established to allow a person promote sale of alcoholic beverages on behalf of the manufacturer. Such alcoholic beverage must however be sold on the premises of the licenced holder.

A promotional permit holder, according to the Texas Alcoholic Beverage Commission,which was established in 1935, may involve in the sales of alcoholic beverages in a state or premises of the license holder. It is to be noted that the license holder must qualify enough before being granted the permit and must also pay some fees before carrying on such activities.

As a holder of a promotional permit, you are allowed to offer in-store wine and beer samples.

A person with a promotional permit:

In order to promote the brand of alcohol, the person may use sales strategies such as offering in-store wine and beer samples to people to get them to try out the brand that they are promoting.

In conclusion, a holder of a promotional permit can offer in-store wine and beer samples.

Find out more at https://brainly.com/question/5796198.

Answer: 7.48%

Explanation:

Weighted Average Cost of capital is simply the weighted average of the costs of equity and debt.

Cost of Equity

= [tex]\frac{Next dividend}{Stock Price ( 1 - flotation Costs)} + growth rate[/tex]

= [tex]\frac{0.65}{19(1 -0.1)} + 0.06[/tex]

= 9.80%

Cost of debt

= Interest ( 1 - Tax)

= 0.075 (1 - 0.40)

= 4.65%

WACC = 9.80% * 0.55 + 4.65% * 0.45

= 7.48%

Answer:

The Balanced Scorecard

Customer satisfaction:

Perspective: Customer: This perspective concentrates on things like customer service.

Goal:  Service: This would be the level of customer service.

Measure:  How do our customers see us? Survey: This would be the results of an online customer satisfaction survey.

Internal processes:

Perspective: Internal business: This perspective focuses on the things that a company has to do internally to meet and exceed customer expectations.

Goal: Productivity: This would concentrate on changes to the process involved in production.

Measure: How do we look to our shareholders?  Analysis: This would use data from the ERP system to look into success levels of company processes.

Innovation and improvement activities:

Perspective: Innovation and Learning: This perspective is concerned with making sure employees learn and grow so they can continually innovate.

Goal: Training: This would focus on providing enhanced training opportunities for employees.

Measure: What do we need to excel at? Results: This would look at changes in the skill level of employees.

Financial measures:

Perspective: Financial: This perspective has to do with the conversion of performance into financial performance and the creation of value.

Goal: Growth: This would concentrate on an increase in sales.

Measure: Can we continue to improve and create value?  Sales: This would be the annual sales figures.

Explanation:

The balanced scorecard which Bryan is developing for KanO Mines helps KanO Mines to understand how to create value in the organization.  With the balanced scorecard as a strategic planning and management tool, organizational goals are communicated to KanO Mines, so that his daily activities are aligned with the organizational strategy.  It also helps him to prioritize his projects, products, and services.  The balanced scorecard does not only deal with perspectives and goals, it also helps KanO Mines and his manager, Bryan, to measure and monitor his progress towards achieving the set organizational strategic goals.

Answer:

A. Yes, you can be confident that the portfolio will not lose more than 30% of its value next year. This is because the low end of the prediction interval is less than 30%

Explanation:

Confidence Interval is a type of estimated probability that the observed data lies within the parameters. 95% confidence interval means that its is 95% certain that true mean of population is within the range. In the given scenario there is 95% confidence interval that the portfolio will not lose more than 30% of its value next year.

Answer and Explanation:

For preparing the budgeted balance sheet as of December 31,2020 we need to refer the data of balance sheet as of December 31,2019 so that the firm could get an idea.

Also by referring the income statement, statement of owner equity, profit and loss account we can get an idea so that it becomes easy for the company to prepare the budgeted balance sheet

Answer:

data is needed from the balanceh sheet as of

Answer:

Option A (positively correlated) is the correct choice.

Explanation:

The other three choices are not related to the given situation. So that Option A would be the correct one.

Answer:

contribution margin ratio= 0.57

Explanation:

Giving the following information:

Sales revenue $ 1,024,000

Total variable cost:

Variable manufacturing expense $ 241,000

Variable selling and administrative expense $ 199,320

Total= $440,320

To calculate the contribution margin ratio, we need to use the following formula:

contribution margin ratio= (sales - total variable cost) / sales

contribution margin ratio= (1,024,000 - 440,320) / 1,024,000

contribution margin ratio= 0.57

Answer:

1000 units$25,000

1,500 units 32,500

2,000 units $40,000

Explanation:

Partial flexible cost budgets for various levels of output

Rate per unit Units 1,000 1,500 2,000

DIRECT MATERIALS

Rate per unit

a.$10 ($10,000 / 1,000 units)

Units

1000 units

$10,000

1500 units

b. $15,000 (1,500 units * $10)

2000 units

c. $20,000 (2,000 units * $10)

DIRECT LABOR

Rate per units

d. $2 ($3,000 / 1,500 units)

Units

1000 units

e. $2,000 (1,000 units * $2)

2000 units

3,000

1000 units

f. $4,000 (1,000 units * $2)

VARIABLE OVERHEAD

Rate per units

$3.00

Units

1000 units

g. $3,000 (1,000 units * $3)

1500 units

h. $4,500 (1,500 units * $3)

2000 units

i. $6,000 (2,000 units * $3)

FIXED OVERHEAD

Units

1000 units

j.$10,000

1500 units

k.$10,000

2000 units

l.$10,000 (40,000 - 20,000 - 4,000 - 6,000)

TOTAL

1000 Units

Direct materials $10,000

Direct labor $2,000

Variable overhead $3,000

Fixed cost $10,000

= m. $25,000

1500 Units

Direct materials $15,000

Direct labor $3,000

Variable overhead $4,500

Fixed cost $10,000

=n. $32,500

2000 Units

Direct materials $20,000

Direct labor $4,000

Variable overhead $6,000

Fixed cost $10,000

= $40,000

Therefore :

1000 units$25,000

1,500 units 32,500

2,000 units $40,000

Answer:

8.5%

Explanation:

Avy incorporation has a beta of 1.10

The risk free rate is 3.0%

The market risk premium is 5.0%

Therefore, the required rate of return can be calculated as follows

Required rate of return= Risk-free rate+beta(market Risk premium)

= 3.0% + 1.10(5.0%)

= 3.0%+5.5

= 8.5%

Hence the required rate of return is 8.5%