a. If Krypton increases leverage so that its interest expense rises by $8.1 million, the net profit will decrease by $4.86 million.
b. For the same increase in interest expense, the free cash flow will decrease by $4.86 million as well.
Explanation: Given: Net profit next year = $28.18 million Free cash flow = $22.18 million Marginal corporate tax rate = 40%Increase in leverage: Interest expense = $8.1 million. Change in net profit: Net profit = Profit before tax (PBT) - Corporate tax. PBT = Net profit / (1 - tax rate)= $28.18 million / (1 - 0.4)= $46.96 million. The interest expense increases by $8.1 million, so the PBT will change: PBT = Net profit + Interest expense / (1 - tax rate)= $28.18 million + $8.1 million / (1 - 0.4)= $46.96 million. The new net profit can be calculated as: New net profit = PBT - Corporate tax= $46.96 million - 0.4 * $46.96 million= $28.08 million. Therefore, the net profit will decrease by $0.1 million ($28.18 million - $28.08 million) or $4.86 million ($0.1 million / (1 - 0.4)).b. Change in free cash flow: Free cash flow (FCF) = Net cash flow from operating activities - Net cash flow from investing activities. The net cash flow from operating activities (NCOA):NCOA = Net profit + Non-cash expenses - Changes in working capital NCOA = $28.18 million + Non-cash expenses - Changes in working capital. However, we can use the fact that free cash flow is $22.18 million to calculate the net cash flow from investing activities (NCIA):NCIA = NCOA - FCFNCIA = NCOA - $22.18 million. If the interest expense increases by $8.1 million, the new net profit will be $28.08 million (as calculated in part a). Assuming that non-cash expenses and changes in working capital do not change, the new NCOA will be: NCOA = $28.08 million + Non-cash expenses - Changes in working capital. To keep the free cash flow at $22.18 million, the new NCIA must be: NCIA = NCOA - $22.18 million= ($28.08 million + Non-cash expenses - Changes in working capital) - $22.18 million= $5.9 million + Non-cash expenses - Changes in working capital. This means that if Krypton increases its interest expense by $8.1 million, it will have to reduce its net cash flow from investing activities by $2.2 million ($8.1 million - $5.9 million). Since free cash flow is equal to net cash flow from operating activities minus net cash flow from investing activities, the free cash flow will also decrease by $2.2 million. Therefore, both the net profit and free cash flow will decrease by $4.86 million.
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What are the basic forms of competition? Discuss
Answer:
Explanation:
La educación por competencias ha resurgido en todo el mundo con gran fuerza desde finales del siglo pasado. Las reformas del sistema educativo mexicano emprendidas en la última década y que comprenden todos los niveles tienen un elemento en común: un currículo con un enfoque basado en competencias. Al igual que en otros países, en México estamos viviendo una efervescencia por las competencias; no obstante, la confusión y la incertidumbre parecen ser el signo distintivo de estas reformas. Es cierto que el concepto de competencias es polisémico y complejo, que no existe una teoría unificada que sustente este enfoque y que carecemos de experiencia en la puesta en práctica de un currículo basado en competencias. Si a esto le sumamos la dificultad propia que entraña la evaluación del aprendizaje, diremos que las condiciones están puestas para que la ambigüedad y el desconcierto reinen en los centros educativos, tal como está sucediendo. Este artículo tiene como objetivo contribuir al debate teórico actual en torno a la evaluación de competencias, así como aportar algunos rudimentos de tipo metodológico que permitan a los profesores mejorar sus concepciones y prácticas de evaluación.
Palabras clave: educación por competencias, evaluación de competencias, currículo basado en competencias, aprendizaje por competencias.
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Write a professional email using the following scenario:
The manager is going to a conference in another city. She would like her assistant to book the flight and hotel.
A professional email based on the given scenario would sound like the following:
To: Assistant
From: Manager
Subject: Flight and Hotel Booking for Chicago
Date: January 28, 2022
Hi,
Please book my flight and hotel reservations for the upcoming conference in Chicago from February 7, 8:00 am to February 11, 2022 (5:00 pm).
Do not forget the company's favorite airline and hotel for the bookings.
Regards,
Tony
Thus, while the email sounds professional, it may be more conversational than formal since it is a workplace request.
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Why are publicly traded companies only required to file annual and quarterly reports with the security and exchange?.
This is done in order for equities analysts and the general investing public to assess a company's financial performance and potential.
Companies must submit quarterly and annual reports to the SEC every year.
What Is the Securities and Exchange Commission (SEC)?
Commission (SEC) is an independent federal government regulatory organisation tasked with fostering capital formation, preserving the fair and orderly operation of the securities markets, and safeguarding investors. As the initial government regulator of the securities markets, it was established by Congress in 1934. The SEC supports complete public disclosure, defends investors from dishonest and market-manipulating actions, and keeps an eye on corporate takeover activities in the country. Additionally, it approves registration forms for bookrunners among underwriting companies. In general, securities offerings made in interstate commerce, via mail, or online must be registered with the SEC prior to being sold to investors. Companies that provide financial services, such as asset managers, advisory firms, and broker-dealers, as well as their professional representatives.To know more about Security and Exchange visit:
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What are the interrelationships between the functions of business?
Answer:In SAP ERP, there are two reportin option; they are,
List of data (work lists and online lists). Documents and analytics (analytics in SAP ERP and analytics in SAP BW (Business Warehouse)). The SAP ERP provides the above reports through information systems by using either standard or user-defined information stuctures.
Differ from one another:
The SAP BW system receives data from the SAP ERP system, other SAP systems like CRM and SRM, and other non-SAP systems. The SAP BW system is a special system from other; the data receives from other systems are stored into the SAP BW database.
Difference among reporting options in SA
What does a boilermaker do?
applies marble and tile to floors, walls, and other surfaces
installs iron or steel beams, columns, and girders
assembles, installs, and repairs large containers that hold gases and liquids
repairs roofs of structures, using asphalt, metal, shingles, and other materials
Answer:
C) Assembles, installs, and repairs large containers that hold gases and liquids.
need asap plz!!! Questlon 5 of 10 Which statement best describes the idea of the law of supply? A . The supply of a product decreases as its price increases B. The demand for a product decreases as its supply decreases. C. The demand for a product increases as its price increases. D. The supply of a product increases as its price increases SUBMIT
Answer:
D. The supply of a product increases as its price increases
Explanation:
Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price. The law of supply explains the relationship between price and the quantity suppliers are willing to sell.
The law asserts that as the price increases, suppliers will supply more quantities of a product. A price decrease will cause suppliers to supply a lower quantity. Suppliers are profits motivated. A price increase results in higher profits hence more supply.
Which leadership skill do you feel is most important for a small business to succeed for a
long time? Explain your answer using examples. It's depends on the business that they are doing because they all have strengths and weakness.
The ADJUSTED Trial Balance of Practice Contractors for the year ended December 31, 2020, follows: Practice Contractors
ADJUSTED Trial Balance
December 31, 2020 Account Title Debit Credit Office supplies $10,000 Cash 1,100 Prepaid insurance 2,500 Equipment 40,000 Accumulated depreciation-Equipment $10,000 Accounts payable 8,000 Wages payable 1,200 Unearned service revenue 14,000 Capital 33,000 Withdrawals 6,000
Repair service revenue 75,000 Wages expense 50,000 Rent expense 12,000 Depreciation expense 10,000
Office supplies expense 3,600 Utilities expense 3,600 Insurance expense 2.400 Total $ 141,200 $ 141,200
Required: Based on the adjusted account balances listed above, complete the following: a. Income Statement b. Salement Owner's Equity (Note: allowter investments were made during 2020) c. Balance Sheet Remember:
Total liabilities and owner's equity: $37,600.
a. Income Statement
Revenue:
Repair service revenue $75,000
Expenses:
Wages expense $50,000
Rent expense $12,000
Depreciation expense $10,000
Office supplies expense $3,600
Utilities expense $3,600
Insurance expense $2,400
Total expenses: $81,600
Net income: $75,000 - $81,600 = ($6,600)
b. Statement of Owner's Equity
Capital, December 31, 2019 $27,000
Add: Investments made during 2020 (information not provided)
Net loss for 2020 ($6,600)
Less: Withdrawals ($6,000)
Capital, December 31, 2020: $27,000 - $6,600 - $6,000 = $14,400
c. Balance Sheet
Assets:
Cash $1,100
Prepaid insurance $2,500
Equipment $40,000
Less: Accumulated depreciation-Equipment ($10,000)
Office supplies $10,000
Total assets: $43,600
Liabilities:
Accounts payable $8,000
Wages payable $1,200
Unearned service revenue $14,000
Total liabilities: $23,200
Owner's Equity:
Capital $14,400.
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If jack consumes 3 popsicles and 1 ice cream cone, then: a. He still has $5 left to spend. B. The price of ice cream must have increased to $8. C. The price of popsicles must have decreased. D. None of these are true
The most accurate answer would be option D) None of these are true as we do not have enough information to draw conclusions about the prices of popsicles and ice cream cones or Jack's remaining money.
If Jack consumes 3 popsicles and 1 ice cream cone, we cannot directly determine the changes in the prices of popsicles or ice cream cones. However, we can analyze each option:
A. If Jack still has $5 left to spend, it indicates that he has spent a certain amount on the popsicles and ice cream cone, but without knowing the initial amount of money or the prices, we cannot confirm this.
B. The price of ice cream increasing to $8 is a possibility, but we cannot conclude this solely based on the given information about Jack's consumption.
C. The price of popsicles decreasing is another possibility, but again, we cannot confirm this without knowing the initial prices and Jack's total spending.
D. Since we cannot confirm any of the previous statements, the most accurate answer would be "None of these are true," as we do not have enough information to draw conclusions about the prices of popsicles and ice cream cones or Jack's remaining money.
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Suppose the skills needed to perform the work in the two industries are identical, and the supply of labor to the two industries is fixed at 6,000 workers per day. What will be the equilibrium wage, and how many workers will work in each industry?
Answer and Explanation:
The computation of the equilibrium wages and the number of workers in each industry is as follows:
Since the supply of labor is 6,000
As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b
So, the equilibrium wage would be $8
Hence, the same would be considered and relevant too
you have $5,000 to invest. you might need to use one-quarter of the money next month. which of the following would be the best investment for you?
american company accused of violating sanctions, doing business with russian arms industry | pbs newshour
The American company accused of violating sanctions and doing business with the Russian arms industry is the defense contractor named Raytheon Technologies.
Sanctions are measures imposed by one country or a group of countries on another country or its citizens to pressure that country into changing its behavior. The goal is to impose hardship on the target country's economy and its people in the hope of achieving a political or diplomatic objective. Sanctions might be either comprehensive, which includes all sectors of a target country's economy, or sector-specific, which applies to only one or more sectors. Sanctions might be targeted at specific individuals or entities as well. For instance, in the aftermath of the 2014 annexation of Crimea, the United States and the European Union imposed financial sanctions on Russia to punish it.
In the United States, Raytheon Technologies is the third-largest military contractor, with a market share of around 9%. It has supplied equipment to the US Army, Navy, Marine Corps, and Air Force, as well as foreign governments. Raytheon Technologies, on the other hand, was accused of violating US sanctions against Russia by the US Department of State's Directorate of Defense Trade Controls (DDTC) in October 2019. Raytheon disclosed to the US government that it had employed a third-party vendor to assist it with software development, and that vendor had subcontracted some work to Russian companies. The violations occurred between April 2011 and November 2015.
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When you begin working, you will need to find _______ in your life. sanity relaxation answers balance
Answer:
peace and to always believing in yourself!!
Explanation:
HOPE I AM CORRECT :3
The main source for recruiting members into the FBLA is through school guidance counselors and teachers.
True
False
Answer:
That statement is false.
Explanation:
FBLA stands for Future Business Leaders of America. It's an organization that was created to focus on preparing its members for future careers / leaderships position.
Currently, the FBLA recruited most of its members through a campaign that they personally do in campuses. They sent out design posters, flyers, banners, and other advertisement medium to spread awareness of their group/.
Toothpaste is sold in grocery stores, service stations, convenience stores, drugstores, discount stores, and motel vending machines. this is a example of a(n) _____ distribution strategy.
Toothpaste is sold in grocery stores, service stations, convenience stores, drugstores, discount stores, and motel vending machines. this is a example of Intensive distribution strategy.
What is Intensive distribution?Distribution is a significant cycle makers use to make their items accessible to their clients for procurement.
Intensive distribution is a promoting system that includes making an organization's items accessible to clients in however many spots as would be prudent. This normally implies selling the item in however many stores as you can.
Organizations that utilization intensive distribution normally sell their items both in little, nearby shops and huge, popular stores. This helps increment the possibilities of a client finding the item when they need it, which could increment deals.
Therefore it is the Intensive distribution which include further developing the relationship clients have with an item and that benefits it has.
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Kiran is interested in a career in the cosmetology industry. First, he will need to decide if he wants to become a generalist or a(n):
A. investor.
B.client.
C.educator.
D. specialist.
Option (D), Kiran is thinking about pursuing a career in the beauty industry. He must first choose between becoming a generalist and a specialist.
Do you like playing a specialist or a generalist position better?
Because their wide range of skills is more easily transferable to new domains, generalists perform better in terms of transferability than specialists. Specialized knowledge cannot be used to a different subject or even to a different discipline within the same domain by specialists.
What are the benefits of specialization?Given that experts have specialized knowledge that is hard to come by, their jobs may be useful for businesses. In many cases, the corporation will rely on a small group of experts from different sectors, thus their knowledge will be needed by the entire organization.
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A ____ loan may be especially appropriate when a firm wishes to avoid adding more debt to its balance sheet.
a. term
b. bullet
c. direct lease
d. revolving credit
The A bullet loan is a type of loan in which the entire amount of the loan is due at the end of the term.
When a company wants to avoid adding further debt to its balance sheet, this sort of loan may be particularly suitable since it enables them to pay only the interest throughout the loan's duration and then pay off the principle at the end. This is different from a term loan, which requires regular payments of principal and interest, and a revolving credit, which is a type of loan that allows a borrower to draw and repay funds as needed. Direct lease is a type of financing arrangement where a lessor purchases an asset and leases it to a lessee, who then makes payments to use the asset.
This allows the firm to avoid adding more debt to its balance sheet throughout the loan term, as the principal remains unchanged until the end of the loan. This can be particularly beneficial for companies seeking to maintain a lower debt ratio or minimize their monthly debt obligations.
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If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement
Answer:
The answer is D. Income statement
Explanation:
Answer:
D. income statement
Explanation:
i took the test
The scheduled commuting time on the Long Island Railroad from Glen Cove to New York City is 65 minutes. Suppose that the actual commuting time is uniformly distributed between 64 and 74 minutes. What is the probability that the commuting time will be a. Less than 70 minutes? b. Between 65 and 70 minutes? c. Greater than 65 minutes? d. What are the mean and standard deviation of the commuting time?
Answer:
A) P(Y<70) = 0.6 or 60%
B) P(65<Y<70) = 0.5 or 50%
C) P(Y>65) = 0.9 or 90%
D) Mean = 69 minutes
SD = σ = 2.88 minutes
Explanation:
Solution:
let Y is the commuting time between Long Island Railroad from Glen Clove to New York City.
Then,
f ( y) = \(\frac{1}{74-64}\) as, it is uniformly distributed between 64 and 74.
f (y) = 1/10
now, we have a function so, probability can be found out by the use of integration.
a) P (Y < 70 ) = \(\int\limits^a_b {1/10} \, dy\) where, a = 70 and b = 64
by solving this integration, we will get:
P(Y<70) = \(\frac{70-64}{10}\) = 0.6
P(Y<70) = 0.6 or 60%
b) P(65<Y<70) = again this can be solved similarly as above, but here a = 70 and b = 65
P(65<Y<70) = \(\int\limits^a_b {1/10} \, dy\)
P(65<Y<70) = \(\frac{70-65}{10}\) = 0.5
P(65<Y<70) = 0.5 or 50%
c) P(Y>65) = again, this can be solved similarly but here a = 74 and b = 65
P(Y>65) = \(\int\limits^a_b {1/10} \, dy\)
P(Y>65) = \(\frac{74-65}{10}\) = 0.9
P(Y>65) = 0.9 or 90%
d) Now, we have to calculate the mean and standard deviation of the commuting time.
So,
Mean = \(\frac{a + b}{2}\)
Mean = \(\frac{64 + 74}{2}\)
Mean = 69 minutes
Now, for standard deviation:
SD = σ = \(\sqrt{\frac{(74-64)^{2} }{12} }\)
SD = σ = 2.88 minutes
how much less producer surplus is there at a price of $2 per sandwich than at a price of $3 per sandwich?
Without specific details on the supply curve or quantities supplied, we cannot determine the exact reduction in producer surplus.
However, it can be inferred that a decrease in price generally leads to a decrease in producer surplus.
When the price of a sandwich decreases from $3 to $2, the producer surplus, which represents the difference between the price at which producers are willing to supply a good and the actual price they receive, decreases.
To calculate the difference in producer surplus, we need more information, such as the supply curve or the quantity of sandwiches supplied at each price. Without this information, we cannot provide an exact value for the reduction in producer surplus.
However, in general, a decrease in price results in a reduction of producer surplus because producers receive less revenue for each unit sold. The magnitude of the reduction depends on the elasticity of supply and the specific market conditions. If supply is relatively elastic, meaning producers can easily adjust their quantity supplied, the reduction in producer surplus may be smaller. On the other hand, if supply is inelastic, the reduction in producer surplus may be more significant.
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Which of the following types of exposure threaten patient information? Check all that apply.
transmission
disclosure
interception
interference
Answer:
.-.
Explanation:
Answer:
It's B: disclosure, C: interception, D: interference
Explanation:
On EDG2020
our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
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. Compared to a human, what is different about how the sea sponge gets molecules from food and air?
Answer:
They're very simple creatures, though: a sponge doesn't have a respiratory system, a digestive system, or a circulatory system. Instead, sponges rely on the flow of water through their bodies to bring them food and oxygen and carry waste away.
Explanation:
A sponge lacks a respiratory, digestive, or circulatory system, making them straightforward creatures. Instead, sponges depend on water movement through their bodies to provide them with food, and oxygen, and to remove waste.
How does a sponge obtain food and oxygen?However, because sponges have multiple cells and must consume food, they are considered to be animals. Food, water, and oxygen are necessities for all living things. Food is obtained by sponges by filtering the water that enters their pores. The water that the sponge inhabits provides oxygen as well.
In order to obtain dissolved oxygen and suspended food, sponges, which are ancient filter-feeding animals, must constantly have water flowing through them. They eliminate waste by discharging it into the same current of water because they lack a nervous, digestive, or circulatory system.
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Sarah got a big raise at her job, so she bought herself a new truck. She knew it was a splurge, but she figured with her extra money coming in, it would be manageable. Unfortunately, her company had to cut her job the very next month, leaving Sarah with a new truck and no extra money to pay for it. What does this scenario BEST represent? income risk interest rate risk personal risk inflation risk
Answer:
income risk
Explanation:
income risk
she thought she had lots of income, so she took a risk
Hope this helps plz hit the crown
The correct option is A). Income Risk
What is Income Risk?Income risk is the type of risk that the income stream paid by a fund will decrease in regards to a fall in interest rates.
Income risks mainly occur due to the unpredictability of the market and can impact the market value and cash flows from the security.
This risk is most prevalent in the money market.
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A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.
What is need for achievement?Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.
Hence, the personalities display by the business executives is called need for achievement as the executives feels the need to win in everything he does,.
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i will give 100 points please help
11. Vicki believes that community service is a valuable way to spend her time and energy. What is this an example of?
O A. Liability
O B. Net worth
O c. Priority
O D. Value
All of the following are interchangeable terms except for: a. discount rate b. coupon rate c. required rate of return d. capitalization rate
The terms discount rate, coupon rate, and required rate of return are all used interchangeably in finance and investment contexts except the term "capitalization rate". So, correct answer is d. capitalization rate.
They refer to the rate of return or interest rate used to calculate the present value of future cash flows or to determine the attractiveness of an investment. On the other hand, the capitalization rate is a term specifically used in real estate valuation. It represents the rate of return expected on an investment property based on its income potential.
While all four terms are related to financial analysis, the capitalization rate is unique to real estate and is not interchangeable with the other terms. Therefore, the correct answer is d. capitalization rate.
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A stigmatized property is one: (a) Where physical damage makes it undesirable to buyers (b) That a historical society owns and maintains (c) Where a particular event has affected the desirability of the property (d) None of these are correct
Answer:
(C) Where a particular event has affected the desirability of the property
Explanation:
A stigmatized property is one that has been psychologically impacted by an event that occurred on the property or one that has been suspected to have occurred on that property. Such a property is now "stigmatized" because such an event will have a drastic effect on multiple values and aspects of the property.
a movie theater company takes out a $200,000 loan from a bank. the bank requires four equal repayments of the loan principal, paid annually. how much of the loan principal is considered a current portion of a noncurrent note payable at the end of year 2? group of answer choices $50,000 $100,000 $150,000 $200,000
$100,000 of the loan principal is considered a current portion of a noncurrent note payable at the end of year 2. Here option B is the correct answer.
The bank requires four equal repayments of the loan principal, meaning that each annual payment covers 1/4 of the total loan amount.
At the end of year 2, two payments have been made, so 2/4 of the total loan amount, or 1/2 of the loan, is still considered a current portion of a noncurrent note payable. That would be $200,000 * 1/2 = $100,000.
In this case, the movie theater company took out a $200,000 loan from a bank and is required to make four equal repayments of the loan principal, paid annually. At the end of year 2, two payments have been made, so 2/4 of the total loan amount, or 1/2 of the loan, is still considered a current portion of a noncurrent note payable. That would be $200,000 * 1/2 = $100,000.
Complete question:
A movie theater company takes out a $200,000 loan from a bank. the bank requires four equal repayments of the loan principal, paid annually. how much of the loan principal is considered a current portion of a noncurrent note payable at the end of year 2? group of answer choices A - $50,000
B - $100,000
C - $150,000
D - $200,000
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