The total cash received from the sale of furniture and acquisitions of furniture is $78,400 + $59,600 = $138,000.
Cash received from the sale of furniture can be calculated by subtracting the book value of the furniture from the total cash received from the sale.
To calculate the cash received from the sale of furniture, we need to consider the book value of the furniture and the total cash received. The book value of the furniture is given as $78,400. Since the furniture is sold at its book value, the cash received from the sale will be equal to the book value of the furniture. Therefore, the cash received from the sale of furniture is $78,400.
In addition to the sale of furniture, there are also acquisitions of furniture totaling $59,600 in cash. Since no depreciation is necessary on these acquisitions, the full amount of $59,600 can be considered as cash received. Therefore, the total cash received from the sale of furniture and acquisitions of furniture is $78,400 + $59,600 = $138,000.
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which situation is an example of skimming?
a) pop-up windows on a computer asking for you pin
b) a retailer scanning your credit card to steal its number
c) bank statements stolen from your garbage
d) a phone call from someone pretending to be a bank employee
Answer:
B.) a retailer scanning your credit card to steal its number
Explanation:
Is it rational for some people to end their formal education with high school degrees, some to finish with college degrees, and some to obtain graduate degrees. Beyond the ability to pay tuition, what are some other reasons why different people stay in school for different lengths of time? How did the non monetary cost of college differ among individuals? How might the benefits differ?
Yes, it is rational for some people to end their formal education with high school degrees, some to finish with college degrees, and some to obtain graduate degrees. Different people stay in school for different lengths of time for various reasons.
Beyond the ability to pay tuition, some other reasons why different people stay in school for different lengths of time include the following:
Career Goals: Some people stay in school to acquire the necessary qualifications and credentials to advance in their chosen career fields. They remain in school until they have attained their desired level of education.Interest and Passion: Some people stay in school simply because they have a passion for learning. These individuals see education as a way of life and stay in school for as long as they can afford to do so.Non-Monetary Costs of College differ among individuals depending on the student’s financial circumstances, personal and academic priorities, and lifestyle.
The non-monetary costs of college include the following:
Time Commitment: College students must spend time studying, attending classes, and completing assignments. Some students must also balance their education with work, family, or other responsibilities.Location: Attending college often requires students to move away from home, which can be difficult for some students who are used to being close to their families and friends. This may require them to incur additional costs for travel, accommodation, and other expenses.Opportunity Cost: The opportunity cost of attending college refers to the benefits that students forego by choosing to attend college instead of working or pursuing other opportunities. The opportunity cost may be higher for students who already have a good job or other sources of income.Benefits of college differ among individuals based on the level of education and career goals. The benefits of college education include the following:
Improved Job Opportunities: College graduates have access to more job opportunities than those who only possess a high school degree. They can also expect higher salaries, better benefits, and greater job security.Expanded Knowledge Base: College education exposes students to a wider range of subjects and ideas than high school education. This exposure helps them to develop critical thinking skills, intellectual curiosity, and creativity.Networking: College students have access to a wide range of resources and networking opportunities that can help them to advance in their careers and pursue other goals.Personal Growth: College education provides opportunities for personal growth and development. Students learn to think independently, express themselves effectively, and become more confident in their abilities.To know more about education visit:
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Question #4
Multiple Choice
Values are principles that typically guide or influence an individual's decision-making process. Two
areas of life most often affected or influenced by values include
emotions and reactions
decisions and responses
physical health and feelings
attitudes and behaviors
The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).
Define attitudes and behaviors.An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.
When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.
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j. flores owns a business and is trying to decide whether to incorporate. while researching corporations, she has determined the following facts. which of these facts is not correct?
When the rights of the owners are transferred, corporations are dissolved.
Corporations dissolve when owners transfer rights. Option D
This will be discussed in further detail below.
What do you mean by corporations?A corporation is an organization, which is often either a collection of individuals or a firm, that has been granted permission by the state to function as a single entity and is recognized as such in law for the purposes of specific activities.
To sum everything up, Charters were the first means through which early corporations were created.
These days, new companies may be formed in the majority of countries via a process called registration.
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complete question
J. Flores owns a business and is trying to decide whether to incorporate. While researching corporations, she has determined the following facts. Which one is not correct?
Corporations limit shareholder's liability.
Corporations have ease of capital accumulation.
Corporations have lack of mutual agency.
Corporations dissolve when owners transfer rights.
Corporations incur double taxation.
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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you compare the independent agency system to the exclusive agency system, how many insurers can each represent? who owns the policy expirations in each case?
In the independent agency system, an agency can represent multiple insurers. This means that independent agents have the flexibility to work with several insurance companies and offer a range of insurance products to their clients.
They act as intermediaries between the insurers and the clients, providing options from various insurers based on the clients' needs and preferences.
On the other hand, in the exclusive agency system, an agency typically represents only one insurer. The agency enters into an exclusive agreement with a specific insurance company, becoming the sole representative of that company's products and services in a particular geographic area or market segment. Exclusive agents focus solely on selling the policies of their appointed insurer.
Regarding the ownership of policy expirations, it can vary based on the specific arrangements between the agency and the insurer in each system. In the independent agency system, the agency usually owns the policy expirations. This means that even if a client decides to switch insurers or discontinue coverage, the agency retains the policy expiration rights, allowing them to potentially offer alternative insurance options to the client.
In the exclusive agency system, the policy expirations are typically owned by the insurer. Since the exclusive agent represents only one insurer, the policy expirations are tied to that specific insurer. If a client decides to switch insurers or terminate coverage, the policy expiration rights would remain with the insurer.
It's important to note that these arrangements can vary based on contractual agreements between the agency and the insurer, and specific practices may differ between different agencies and insurance companies.
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An activity variance is due to the difference between the level of activity used in the flexible budget and the actual level of activity.
a. True
b. False
Answer:
a. True
Explanation:
The Activity variance is based on the difference in actual level of activity used in flexible budget and the level of activity accounted in the planning or master budget
the satisfaction of ________________ typically is emphasized during b2b marketing efforts. by contrast, the satisfaction of _________________ typically is emphasized during b2c marketing efforts.
The satisfaction of the business or organization is typically emphasized during B2B (business-to-business) marketing efforts. This is because B2B transactions involve selling products or services to other businesses,
which in turn use them to meet their own business objectives. In B2B marketing, the focus is on demonstrating how a product or service can help the business achieve its goals, increase productivity, and reduce costs.On the other hand, the satisfaction of the individual customer is typically emphasized during B2C (business-to-consumer) marketing efforts. B2C transactions involve selling products or services directly to individual consumers for their personal use. In B2C marketing, the focus is on demonstrating how a product or service can benefit the individual customer, meet their needs and wants, and improve their quality of life.While there are some similarities between B2B and B2C marketing, the target audience, messaging, and marketing strategies used are often different. B2B marketing tends to be more relationship-driven, with a focus on building long-term partnerships and providing solutions to business challenges. B2C marketing, on the other hand, tends to be more transactional, with a focus on capturing the attention and loyalty of individual consumers through emotional appeals, convenience, and brand loyalty.
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The satisfaction of business clients typically is emphasized during B2B (business-to-business) marketing efforts. By contrast, the satisfaction of individual consumers typically is emphasized during B2C (business-to-consumer) marketing efforts.
In B2B marketing, the focus is on providing products or services that meet the specific needs of other businesses. This involves understanding the unique requirements and preferences of these clients, as well as offering tailored solutions that help them achieve their goals. The satisfaction of business clients is essential in building long-term relationships and fostering repeat business.
On the other hand, B2C marketing targets individual consumers, aiming to create a positive customer experience and meet their personal needs and desires. This type of marketing often involves a more emotional appeal, as well as a focus on the quality, value, and convenience of the products or services offered. Ensuring the satisfaction of individual consumers is key to building brand loyalty and encouraging word-of-mouth referrals.
To summarize, B2B marketing emphasizes the satisfaction of business clients by offering tailored solutions and addressing their specific needs, while B2C marketing emphasizes the satisfaction of individual consumers by providing quality products and services that cater to their personal preferences.
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The colonial government never made any sincere attempt to estimate India's National and per capita income. However some individual attempts were made to measure such incomes. Which among those individual attempts of estimates of national income and per capita income was considered very significant?
The correct answer to this open question is the following.
Among those individual attempts of estimates of national income and per capita income that were considered very significant to estimate India's National and per capita income in the colonial government, are the following.
Those important individual attempts belong to people like William Digby, Findlay Shirras, Dadabhai Naoroji, R.C. Desai, and VKVR Rao. From the British perspective, there was no real interest in the measurement of this economic indicator because what was important for the British government was to fulfill its economic and political interests such as the exploitation of natural resources and raw materials that were sent to England to be transformed in the fabrics and industries of London. The development or growth of India was never a goal.
Who decides the business ethics for a company?
Answer:
Four groups of people are generally responsible for the success of a business:Employees,customers,the community and shareholders.
Explanation:
ethical companies need to balance their responsibilities to these groups, especially when they have conflict
Janice, a nurse at a hospital, is preparing a presentation for trainee nurses about guidelines for patient care. What is the purpose of her
presentation?
A. to persuade
B. to instruct
C. to entertain
D. to debate
Answer:
B
Explanation:
To teach and acknowledge the guidelines for trainee nurses to help patients in an effective way
Canada’s Income Tax Act requires certain types of trust structures tosimultaneously dispose of, then reacquire, all property held for tax purposes.
Which of the following trusts are, with an exception, not subject to this provision?
i) Life interest trusts
ii) Testamentary trusts
iii) Family trusts
iv) Trusts holding no-interest investments
The trust that is not subject to the provision of simultaneously disposing of and reacquiring property held for tax purposes is iv) Trusts holding no-interest investments.
Under Canada's Income Tax Act, certain types of trusts are required to simultaneously dispose of and reacquire all property held for tax purposes. This provision aims to prevent the deferral of tax on capital gains. However, trusts holding no-interest investments are an exception to this provision. No-interest investments, such as zero-coupon bonds or certain types of fixed-income securities, do not generate income during their term. Since there is no income or capital gain to be deferred, these trusts are not subject to the requirement of simultaneous disposal and reacquisition. On the other hand, let's discuss the other trust types mentioned: i) Life interest trusts: These trusts provide income or use of property to a beneficiary for their lifetime. They are subject to the provision of simultaneous disposal and reacquisition.ii) Testamentary trusts: These trusts are created upon the death of an individual and may provide ongoing income to beneficiaries. They are generally subject to the provision, but there are exceptions for certain testamentary trusts, such as those created for the benefit of individuals with disabilities.
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Which of the following is an example of nonverbal communication? shaking hands to greet a supervisor writing an email to a coworker talking on the telephone to a customer listening to a presentation at a meeting
Answer: shaking hands to greet a supervisor.
Explanation:
nonverbal communication is communication through a nonverbal platform. I.e eye contact, facial expressions, gestures, etc.
what's the difference between Utility and Marginal Unility?
Answer:
One is large the other is small
Explanation:
What are some of the similarities and differences between the CTSOs of HOSA and Educators Rising? Please describe what makes these two organizations differ from each other.
Answer:
Similarities and differences between CTSOs of HOSA and Educators Rising are in Educators Rising you work with children and HOSA is for people who are interested in health science. Another difference is and a similarity is that neither are clubs but EdRising is an organization and HOSA is a tool.
Explanation:
The top five cities where venture capitalists are investing their money represent 10% of the global total.
True
False
The statement that investments made by venture capitalists represent 10% of the global total is a true statement.
What is a venture capital investor?A venture capitalist (VC) is an investor that gives younger organizations with capital an alternative for equity. New organizations regularly flip to VCs for the investment to scale and commercialize their products.
Venture capital is a shape of personal equity financing this is supplied via way of means of venture capital companies or finances to startups, early-stage, and rising agencies that have been deemed to have excessive growth ability or that have proven high boom.
Hence, The statement that investments made by venture capitalists represent 10% of the global total is a true statement.
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In the process of mentoring, in which a more experienced employee guides and nurtures a newer, less experienced employee, it is recommended that:
a.) all senior employees in the department be assigned their turn as mentors to afford them the experience
b.) at the start of the relationship a specific length of time for the mentoring to last is established
c.) the manager closely monitors the mentor's behavior during the relationship
d.) mentors should serve voluntarily and willingly without being required to do so
Mentoring is the process by which a more experienced employee guides and nurtures a newer, less experienced employee. The process of mentoring provides an opportunity for an experienced employee to share knowledge and skills with less experienced ones.
It is recommended that mentors should serve voluntarily and willingly without being required to do so. The process should be an opportunity for the mentor to develop their skills, and therefore it should be voluntary.
The process of mentoring should also be a two-way street, where both parties gain valuable experiences from one another.
At the start of the relationship, a specific length of time for the mentoring to last is established to help both parties prepare for the mentoring period.
The relationship should be nurtured and monitored by the manager, but the mentor should be free to take responsibility for the mentoring process.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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while the u.s. has tax treaties with more than 50 countries, it does not have a treaty with brazil, which is a major recipient of u.s. foreign direct investment. what is the reason for a lack of a u.s. brazil treaty regarding withholding taxes?
The lack of a tax treaty between the United States and brazil regarding withholding taxes can be attributed to various factors, such as differing priorities, negotiations, and historical circumstances.
The absence of a tax treaty between the United States and Brazil regarding withholding taxes may be due to several reasons. First, countries prioritize their tax treaty negotiations based on their respective interests and the volume of economic activities between them. While Brazil is a major recipient of U.S. foreign direct investment, the two countries may not have prioritized the negotiation of a tax treaty due to other competing interests or a lack of sufficient mutual benefits. Furthermore, negotiations for tax treaties can be complex and time-consuming. Both countries need to align their positions on various tax-related matters, including withholding taxes, to reach a mutually acceptable agreement. Differences in tax systems, economic policies, and legal frameworks can contribute to the challenges faced during negotiations, further delaying the establishment of a tax treaty.
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Business; an organization that uses resources to produce a product is known as a ?
O Private Company
O Shop
O Firm
O Enterprise
Answer:
Firm
Explanation:
Which of the following happens when a general partner withdraws from a limited partnership? A. The partnership must be sold. B. The partnership is transferred. C. The partnership is dissolved. D. The partnership operates normally.
C. The partnership is dissolved. When a general partner withdraws from a limited partnership, it typically results in the dissolution of the partnership. In a limited partnership, there are two types of partners: general partners and limited partners.
General partners have unlimited liability and actively participate in managing the partnership, while limited partners have limited liability and play a more passive role.
If a general partner decides to withdraw from the limited partnership, it can trigger the dissolution of the partnership. This is because the departure of a general partner may result in a significant change in the partnership's structure, management, and overall operations. The remaining partners may not be able to continue the partnership without a general partner.
Upon dissolution, the partnership's assets are typically liquidated and distributed to the partners based on their ownership interests. It is also possible for the partnership agreement to outline alternative provisions in case of a general partner's withdrawal, such as the admission of a new general partner or the conversion of the partnership into a different business structure. However, in the absence of such provisions, the general partner's withdrawal often leads to the dissolution of the partnership.
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Which is not one of the main sections of a resume?
A. contact information
B. salary requirement
C. education
D. work experience
Answer:
B. salary requirement
Explanation:
Salary is typically posted in the job description or negotiated by the employer/employee as part of the hiring process
A good with many close substitutes is likely to have relatively demand, since consumers can easily choose to purchase one of the close substitutes if the price of the good rises.
A good’s price elasticity of demand depends in part on how necessary it is relative to other goods. If the following goods are priced approximately the same, which one has the least elastic demand?
A home heating system in Canada
Diamond necklace
The price elasticity of demand for a good also depends on how you define the good.
Organize the goods found in the following table by indicating which is likely to have the most elastic demand, which is likely to have the least elastic demand, and which will have demand that falls in between.
Categories
Most Elastic
In Between
Least Elastic
Food Red bell peppers Vegetables The price elasticity of demand is also affected by the given time horizon.
If the price of gasoline is relatively high for a long time, consumers are more likely to buy more fuel-efficient cars or switch to alternatives like public transportation. Therefore, the demand for gasoline is elastic in the short run than in the long run.
Answer:
Explanation:
Least elastic demand: A home heating system in Canada
People will still purchase a home heating system as it is needed. The necklace is nice to have, but not needed.
The price elasticity of demand for a good also depends on how you define the good.
Organize the goods found in the following table by indicating which is likely to have the most elastic demand, which is likely to have the least elastic demand, and which will have demand that falls in between.
Food Least Elastic
Red bell peppers Most Elastic
Vegetables In Between
The choices really depend on personal preferences. Prople need food, so it will have the least elastic demand. Whether Bell Peppers or Vegatables are preferred is a matter of opinion. I vote for vegatables having in between elastic demand. Bell Peppers are OK, but vegetables offer a greater variety of options.
What are the five Ws of a good press release?
Major Questions the release should answer
Types of Audiences for the release
Categories of the Media the release should cover
Five paragraph structure of the release
The main five Ws of a good press release which most journalists know that the basic format of a press release includes:
Whowhenwhatwherewhy information Why is five Ws of a good press release important?Investigative journalists, detectives, and researchers use the 5Ws and 1H technique as a straightforward technique to gather a comprehensive and accurate story. This method's premise is that if you can figure out the responses to these six questions, you should have a complete account of what happened. What, Why, When, Where, Who, and How are the six questions listed above.
The 5Ws and 1H framework is a remarkably straightforward but seriously powerful approach to data collection. The list is simple to remember and can be used as a guide for journalists and other researchers whenever they are frantically gathering data.
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Explanation:
The main five Ws of a good press release which most journalists know that the basic format of a press release includes:
Who
when
what
where
why information
Why is five Ws of a good press release important?
Investigative journalists, detectives, and researchers use the 5Ws and 1H technique as a straightforward technique to gather a comprehensive and accurate story. This method's premise is that if you can figure out the responses to these six questions, you should have a complete account of what happened. What, Why, When, Where, Who, and How are the six questions listed above.
The 5Ws and 1H framework is a remarkably straightforward but seriously powerful approach to data collection. The list is simple to remember and can be used as a guide for journalists and other researchers whenever they are frantically gathering data.
Laramie Trucking's CEO is considering a change to the company's capital structure, which currently consists of 25% debt and 75% equity. The CFO believes the firm should use more debt, but the CEO is reluctant to increase the debt ratio. The risk-free rate, r RF, is 5.0%, the market risk premium, RP M, is 6.0%, and the firm's tax rate is 25%. Currently, the cost of equity, r s, is 11.5% as determined by the CAPM. What would be the estimated cost of equity if the firm used 60% debt? (Hint: You must first find the current beta and then the unlevered beta to solve the problem.)
Answer:
17.74%
Explanation:
Calculation to determine What would be the estimated cost of equity
First step is to calculate the Original beta using this formula
Original beta = (rs-rRf)/ RPM
Let plug in the formula
Original beta = 11.5%- 5%
Original beta = 6.5%/ 6%
Original beta = 1.083
Second step is to calculate original D/E using this formula
original D/E= D/A / (1-D/A)
Let plug in the formula
original D/E = .25/ (1-.25%)
original D/E = .333
Third step is to calculate Unlevered Beta using this formula
Unlevered Beta= Bu = Bl / 1+((1- Tax rate) x (D/E)
Let plug in the formula
Unlevered Beta= 1.083/1+((1-.25) x .333
(D/E) =1.083/1+(0.75*.333)
(D/E) =1.083/1+.24975
(D/E) =1.083/1.24975
(D/E)=0.87
Fourth Step is to calculate the Target D/e
Target D/e = .6/.25
Target D/e = 2.4
Fifth step is to calculate the New Beta using this formula
New Beta = bu* (1+(D/E)(1- tax rate)
Let plug in the formula
New Beta= .87 *(1+(2.4)*(.6)
New Beta= .87 *(1+1.44)
New Beta= .87 *2.44
New Beta=2.1228
Now let calculate the estimated cost of equity using this formula
rs = rRF + new beta (RPm)
Let plug in the formula
rs= 5% + 2.1228*6
rs= 17.74%
Therefore the estimated cost of equity will be 17.74%
in late 2017, the trump administration reduced corporate and small business taxes from 35 percent on profits down to 21 percent. they also got rid of dozens of unnecessary federal government regulations on business. (everything said up to this point is true). what happened to the economy during 2018 and 2019?
During 2018 and 2019. U.S. economy growth rate was 2.29% for 2019, a 0.63% decline from 2018. U.S. economy growth rate for 2018 was 2.92%, a 0.66% increase from 2017.
Due to the reduced economy, many people are losing their jobs and businesses are struggling. This is causing a lot of financial stress for families and individuals. The reduced economy is also causing a reduction in spending, which is harming businesses even more.
The U.S. economy is the largest in the world, with a GDP of over $17 trillion. It is fueled by a highly productive workforce and a high level of innovation. The U.S. is also a major exporter of goods and services, and has a large trade surplus.
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Why do we need to carefully plan the operations of the business?
Answer:
hi nhi pata bhai soery. long
Volk Company selected the fair value option for its outstanding bonds. During the current year, the company recognized a holding gain relating to the bonds in income. The holding gain is a result of the value of the bonds
A. decreasing
B. remaining constant
C> increasing
The holding gain recognized by Volk Company is likely a result of the value of the bonds increasing.
When a company selects the fair value option for its outstanding bonds, it means that the bonds are recorded at their fair value on the balance sheet. Fair value is the estimated market value of an asset or liability, based on current market conditions. If the company recognized a holding gain relating to the bonds in income, it implies that the fair value of the bonds has increased since they were initially recorded. This increase in fair value could be due to various factors such as changes in interest rates, improvements in the company's financial performance, or positive market conditions. When the fair value of an asset increases, the company recognizes a holding gain, which is reported as income on the financial statements.
Therefore, in this scenario, option C is the most likely answer. The holding gain recognized by Volk Company is a result of the value of the bonds increasing.
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which is not a factor that a insurance company would consider before setting the cost of an auto insurance policy
a)the drivers health b)the drivers age c)crime reports in the area d)the make and model
The factor which is not considered while computing the cost of an auto insurance policy is the driver's health.
Option A is the correct answer.
What is an auto insurance policy?
Auto insurance is a kind of policy concerning the vehicles owned by the policyholder in a contract with the respective auto insurance companies.
When the auto insurance company derives the cost of auto insurance, then the factors that are needed to be considered are the driver's age, the model of the vehicle held, the past history of claims taken by the driver, and the geographic location of the driver.
Therefore, the health of the driver has no concern when determining the cost of auto insurance.
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how long does it take for tax refund to show in bank account after approved
Answer:
Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.
Explanation: