RAK, Inc., has no debt outstanding and a total market value of $240,000. Earnings before interest and taxes, EBIT, are projected to be $32,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 15 percent higher. If there is a recession, then EBIT will be 30 percent lower. RAK is considering a $80,000 debt issue with an interest rate of 7 percent. The proceeds will be used to repurchase shares of stock. There are currently 15,000 shares outstanding. Ignore taxes for this problem.
Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued.
Answers
The profit of a corporation is divided by the number of outstanding shares of its common stock to arrive at earnings per share (EPS). Under normal EPS is $2.13, under expansion EPS is $2.45, and under recession, EPS is $1.49.
The resultant figure is used to gauge a company's profitability. It is typical for businesses to publish EPS that has been adjusted for unusual expenses and possible share dilution.
Under each of the three economic scenarios before any debt is issued:
Normal:
- EBIT = $32,000
- EPS = EBIT / number of shares outstanding
- EPS = $32,000 / 15,000
- EPS = $2.13
Expansion:
- EBIT = 1.15 x $32,000
- EBIT = $36,800
- EPS = $36,800 / 15,000
- EPS = $2.45
Recession:
- EBIT = 0.7 x $32,000
- EBIT = $22,400
- EPS = $22,400 / 15,000
- EPS = $1.49
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Related Questions
By law, an accountant must hold a CPA designation in order to
?
Answers
Answer:
The CPA designation isn't required to work in corporate accounting or for private companies. However, public accountants—which are individuals working for a firm, such as Deloitte or Ernst & Young, that provides accounting and tax-related services to businesses—must hold a CPA designation.
Explanation:
Answer:
Prepare audited or reviewed financial statements.
Hope this helps :)
what are the importance of a scale ?
Answers
Answer:
The importance of scale is given below.
Explanation:
Scale becomes making it more effective also because of the severity of the challenges faced throughout environments including certain reducing inequality, the community, gender inequality as well as infrastructure need on-scale approaches. They are therefore merge-border in natural surroundings and therefore not based exclusively towards one venue.The concept of Person-Environment Fit suggests that hardworking people always succeed. a worker's skillsets are always in demand. people adapt quickly to fit new environments. an individual may flourish in one organisation but struggle in another.
Answers
Person-Environment Fit is a concept that implies that an individual's work environment should match their skill set, personality, and characteristics. It is essential to consider that hardworking people are not always successful;
rather, it is a combination of the environment and the person's characteristics that lead to success.The concept of Person-Environment Fit (PE Fit) revolves around the compatibility of an individual's personality traits, preferences, and skills with the requirements of the organization they work for. PE Fit involves understanding and comparing an individual's psychological makeup with the requirements of a specific job and the organizational culture and values.
Similarly, an individual with excellent interpersonal skills will perform well in jobs that require them to work in teams. Conversely, an individual with excellent analytical skills will be successful in jobs that require data analysis and critical thinking.
It is worth noting that individuals may flourish in one organization but struggle in another, depending on the compatibility of their personality traits with the job requirements and the organizational culture.In conclusion, Person-Environment Fit is an important aspect of job satisfaction and success.
It helps individuals find jobs that match their personality, preferences, and skills. An individual's success is not solely dependent on their hard work, but rather a combination of their characteristics and the environment they work in.
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Quaker Oats has been around for over 100 years. The company’s marketers have continued to extend its market reach by adding new flavors and combining them with new products like Oatmeal Cookies, Oat Bars, and Quaker Oat & Yogurt Sandwich Biscuits. Quakers’ marketers have done a good job at:
Answers
Quaker Oats has been around for over 100 years Quakers’ marketers have done a good job at Not - controlling the oat product life cycle.
What is The importance of extending market reach?An excellent strategy for raising brand awareness in your target audience is to extend your reach. Because it enables you to make wise marketing decisions and efficiently employ your resources.
In the given case, it is explained that Since more than 100 years ago, there have been Quaker Oats. By introducing new flavors and pairing them with fresh items, the company's marketers have continued to expand their market reach.
In the given case it is described that Quaker Oats continuously worked on introducing new products for the customer and did not focus on controlling the product life cycle.
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Dennis is doing the bookkeeping for his business. He is determining his assets, liabilities,
and owner's equity so he can see the financial state of his business on any given day.
What financial statement would MOST likely help him with this process?
Answers
The financial statement that would most likely help Dennis with determining his assets, liabilities, and owner's equity is the balance sheet. The balance sheet is a snapshot of a business's financial position at a specific point in time. It lists the assets of the business, such as cash, accounts receivable, inventory, and property, plant, and equipment.
By examining the balance sheet, Dennis can see the financial state of his business on any given day. He can see how much cash he has available to operate his business, how much inventory he has on hand, and how much he owes to creditors. He can also see how much of the business's assets are financed by debt and how much by owner's equity. It also lists the liabilities of the business, such as accounts payable, loans payable, and accrued expenses.
Finally, it lists the owner's equity, which is the difference between the assets and liabilities. The balance sheet is an important tool for business owners, as it provides a clear picture of the financial health of the business. It allows Dennis to make informed decisions about how to manage his business and plan for its future. By regularly reviewing his balance sheet, Dennis can identify trends and take action to improve the financial performance of his business.
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Foreign investors assess not only the interest rate offered on financial securities but also (check all that apply):
Answers
Answer:
their total wealth
-their future expenditure needs
-the risk on the security
Explanation:
Financial System
This simply are markets and various financial units or intermediaries that help transfer financial assets, real assets, and financial risks in various forms from one person to another, from one place to another, and from one point to another
3 Main functions of the Financial System
1.) The achievement of the purposes for which people use the financial system
2.) The discovery of the rates of return that equate aggregate savings with aggregate borrowings
3.) The allocation of capital to the best uses
An investment
This is simply defined as the current commitment of current resources in the hope of getting greater resources in the future. It reduces current consumption in hopes of greater future consumptions. When making investment, different actions are considered before decision making.
which section of title vii states that it is not a violation if an employer refuses to hire or to discharge an employee who is unable to meet the requirements for a national security clearance where federal law or regulations require such a clearance for the job in question?
Answers
703(m) of Title VII section of title vii states that it is not a violation if an employer refuses to hire or to discharge an employee who is unable to meet the requirements for a national security clearance where federal law or regulations require such a clearance for the job in question.
What is title VII religious exemption??In accordance with Title VII of the Civil Rights Act, businesses must make reasonable accommodations for their employees' honestly held religious views, practises, and observances. Employment discrimination based on religion is also prohibited.
What are examples of religious accommodations?Schedule adjustments (arrivals, departures, floating/optional holidays, flexible work breaks, and any other scheduling adjustments); voluntary shift substitutions and/or swaps; job reassignments, such as changes of position tasks and lateral transfers; and modifications are examples of religious accommodations.
What is an example of a religious belief?Examples of religious views are as follows: the conviction of some Christians that wearing a cross as a representation of your faith is appropriate. the notion that a woman should cover her body or head when practising Islam. the acceptance of intelligent design or creationism.
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Most new jobs in the United States will be in the a manufacturing industries:
b. goods-producing industries
C. service-producing industries
d. agriculture-producing industries
Please select the best answer from the choices provided
Α
B
С
D
Answers
Answer:
d agriculture-producing industries
Most new jobs in the United States will be in manufacturing industries service producing industries. The correct option is c.
In the United States, manufacturing is an important economic sector. The United States is the world's third-biggest manufacturer (after the People's Republic of Chine and the European Union), with a record high real output of $2.00 trillion (adjusted for inflation in 2009 dollars) in Q1 2018, significantly above the $1.95 trillion peak before the Great Recession in 2007.The manufacturing industry in the United States employed 12.35 million people on December 2016 versus 12.56 million in December 2017, a 1.7% rise.
Manufacturing, while still a significant portion of the US economy, contributed less to GDP in Q1 2018 than the 'Finance, insurance, real estate, rental, other leasing' sector, the 'Government' sector, or the 'Professional and business services' sector.
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What is the most important factor of producing goods
Answers
Answer:
Human capital is the most important factor of production because it puts together land, labour and physical Capital and produce an output either to use for self consumption or to sell in the market. It includes the skilled and unskilled work force of a nation.
As babies, we learned by trial and error. through traditional education, we think more like ______.
a. franchisees
b. managers
c. entrepreneurs
d. collaborators
Answers
As babies, we learn through trial and error, which is a more managers approach. Option b is correct.
The statement suggests that through traditional education, we think more like managers. Traditional education typically emphasizes structured learning, following established rules and procedures, and developing a systematic approach to problem-solving.
Managers are often responsible for organizing and coordinating resources, making decisions based on available information, and implementing established strategies within an existing framework. This aligns with the idea of thinking in a structured and organized manner, which is commonly associated with the managerial mindset.
Therefore, b is correct.
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Gamma Corp. is planning to bring in new internal standards for all the products it manufactures. The new standards will ensure better quality and will also help the company gain a competitive advantage. However, the factors that stand in the way of the change are increased workload on employees and the need for skill development among employees. To minimize these factors that hinder the change, Gamma has decided to motivate its employees through a reward system. Which of the following concepts is illustrated in the scenario?
A) Force-field analysis
B) Participation
C) Job deskilling
D) Specialization
E) Micromanagement
Answers
A Force-field analysis is illustrated in this scenario that seeks to minimize factors that hinder change by motivating its employees through a reward system.
What is a Force-field analysis?A force-field analysis refers to an analysis that helps to distinguish between a situation that drive a person towards or away from a desired state or which oppose the driving forces.
Hence, the Force-field analysis is illustrated in this scenario that seeks to minimize factors that hinder change by motivating its employees through a reward system.
Therefore, the Option A is correct.
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Match the question with the appropriate ethical decision-making model. Are legal rights being respected? Will the public scrutinize this part of health care reform? Are people able to make their own choices? Are the benefits and burdens being fairly distributed?
Rights Model Social Media Model Justice Model Choices Model
Answers
Decision-makers can consider different aspects of the ethical dilemma at hand and strive to make decisions that uphold individual rights, consider public perception, promote autonomy, and ensure fairness in the distribution of benefits and burdens.
Ethical decision-making models provide frameworks for analyzing and resolving ethical dilemmas. Let's match each question with the appropriate ethical decision-making model and discuss them in 300 words.
1. Are legal rights being respected?
Ethical Decision-Making Model: Rights Model
Explanation: The Rights Model focuses on respecting and upholding individual rights and freedoms. It asserts that ethical decisions should prioritize the protection of fundamental rights, such as autonomy, privacy, and freedom of expression. When evaluating whether legal rights are being respected, the Rights Model guides decision-makers to consider the legal and moral implications of their actions and ensure that they do not infringe upon the rights of individuals or groups.
2. Will the public scrutinize this part of health care reform?
Ethical Decision-Making Model: Social Media Model
Explanation: The Social Media Model takes into account the potential impact of decisions on public perception and reputation. It recognizes the influence of social media platforms and the rapid spread of information. When considering the public scrutiny of a particular aspect of health care reform, the Social Media Model encourages decision-makers to anticipate public reactions, engage in transparent communication, and address concerns proactively to maintain public trust and reputation.
3. Are people able to make their own choices?
Ethical Decision-Making Model: Choices Model
Explanation: The Choices Model focuses on individual autonomy and the right to make informed decisions. It emphasizes the importance of providing individuals with the necessary information and resources to make autonomous choices. When assessing whether people are able to make their own choices in the context of health care reform, the Choices Model prompts decision-makers to ensure access to information, promote shared decision-making, and respect individuals' capacity to make choices that align with their values and preferences.
4. Are the benefits and burdens being fairly distributed?
Ethical Decision-Making Model: Justice Model
Explanation: The Justice Model centers on the fair distribution of benefits and burdens in society. It seeks to promote equality, fairness, and social justice. When examining whether the benefits and burdens of health care reform are being fairly distributed, the Justice Model calls for a critical assessment of existing disparities and inequities. Decision-makers are encouraged to address systemic injustices, reduce disparities, and ensure that the allocation of resources and access to care is equitable for all individuals, regardless of socio-economic status, race, or other factors.
In summary, different ethical decision-making models offer valuable perspectives in addressing various ethical questions. By applying these models, decision-makers can consider different aspects of the ethical dilemma at hand and strive to make decisions that uphold individual rights, consider public perception, promote autonomy, and ensure fairness in the distribution of benefits and burdens.
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What is cost plus pricing?
Answers
Answer:
Cost-plus pricing is a pricing strategy in which the selling price, of goods and services, is determined by adding a specific fixed markup percentage to a singular product's unit cost.
Suppose approximately 75% of all marketing personnel are extroverts, whereas about 55% of all computer programmers are introverts. (Round your answers to three decimal places.) A button hyperlink to the SALT program that reads: Use SALT. (a) At a meeting of 15 marketing personnel, what is the probability that 10 or more are extroverts? What is the probability that 5 or more are extroverts? What is the probability that all are extroverts? (b) In a group of 4 computer programmers, what is the probability that none are introverts? What is the probability that 2 or more are introverts? What is the probability that all are introverts?
Answers
The probability calculations are based on the given percentages of extroverts among marketing personnel and introverts among computer programmers.
(a) Probability calculations for marketing personnel:
1. Probability that 10 or more out of 15 marketing personnel are extroverts: 0.983
2. Probability that 5 or more out of 15 marketing personnel are extroverts: 0.999
At a meeting of 15 marketing personnel, what is the probability that 10 or more are extroverts?(a) For the marketing personnel, we know that approximately 75% are extroverts. To calculate the probability that 10 or more out of 15 marketing personnel are extroverts, we can use the binomial probability formula.
Using this formula, the probability is calculated to be 0.983. Similarly, the probability that 5 or more out of 15 marketing personnel are extroverts is 0.999, and the probability that all 15 marketing personnel are extroverts is 0.316.
3. Probability that all 15 marketing personnel are extroverts: 0.316
(b) Probability calculations for computer programmers:
1. Probability that none out of 4 computer programmers are introverts: 0.002
2. Probability that 2 or more out of 4 computer programmers are introverts: 0.924
3. Probability that all 4 computer programmers are introverts: 0.305
(b) For the computer programmers, we know that about 55% are introverts. To calculate the probability that none out of 4 computer programmers are introverts, we can use the binomial probability formula. The calculated probability is 0.002.
The probability that 2 or more out of 4 computer programmers are introverts is 0.924, and the probability that all 4 computer programmers are introverts is 0.305.
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In 2011, it was estimated that 45 percent of Indians worked in the primary sector - mainly agriculture. Why was this sector least important of the three in terms of output?
Answers
Answer:
not sure i can really help sorry
A common written method used internally and externally for formal communications such as notices of appointment,promotions or dismissal
A) electronic mail
B) NOTICES
C) letter
D) memorandum
Answers
PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800 value, 20% probability of a $2,100 value, and 25% probability of a $2,700 value. What is the expected value of the investment after five years?
A. $2,085
B. $2,000
C. $1,950
D. $1,545
Answers
Answer:
C
Explanation:
Answer:
1,950
Explanation:
FILL IN THE BLANK. _____ aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.A)Recommendation Web sitesB)Group buying platformsC)Peer-to-peer e-commerce platformsD)Participatory e-commerce Web sites
Answers
Ecommerce suggestion/ aggregate customers' opinions related to products or services that they have purchased and then suggest them to others with the same interest.
They are precisely what they sound like: products that are advocated to a brand's clients primarily based on what the manufacturer thinks they can also like and desire to purchase.
In a bodily store, pointers normally come courtesy of educated buying assistants.
What is product recommendation?A product recommendation is basically a filtering gadget that seeks to predict and exhibit the gadgets that a user would like to purchase. It may additionally no longer be entirely accurate, but if it suggests you what you like then it is doing its job right.
A product recommendation engine is genuinely a solution that permits marketers to provide their clients applicable product pointers in real-time
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https://brainly.com/question/23369154#SPJ4What is the best animal?
Answers
Answer: The answer is Dogs
Explanation: Dogs are the best animal because They're not just popular- historically, the symbiotic relationship between dogs and people helped both species survive.
place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
Answers
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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In 2004, Microsoft Corporation started giving employees stock that cannot be sold for a specified period of time. This is a type of restricted stock.
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Outline why it is important for a business owner to respond to technological and global issues when establishing a business?
Answers
Technology enables an increase in the efficiency of systems, products, and services. It helps track and streamline strategies, hold records go with the flow, and control contacts and employee records.
In reality, this expanded efficiency in operation enables lessened costs as well as allows the commercial enterprise to develop swiftly.
Technology has vital consequences on commercial enterprise operations. Irrespective of the scale of your business enterprise, technology has both tangible and intangible advantages that will help you make money and produce the results your customers demand. Technological infrastructure affects the subculture, performance, and relationships of a business.
The use of technology has made commercial enterprises and clients closer in many areas. E-mail and Social Media are getting used for answering queries related to products and services with clients. Giving customers all feasible methods to contact the agency is simple with the latest technology and packages over the internet.
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Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
Answers
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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Human resources is about trying to
find the best way to utilize which of
the following for the benefit of the
company overall?
A. loans
B. products
C. people
Answers
Answer:
I think b is that the answer
If you knew nothing about your data except that it is a scale variable, which measure of central tendency would be the "safest bet"?
Answers
Answer:
Median
Explanation:
The scale variable refers to a variable in which it could be measured and contains a numerical value
In case when you dont know about the data except for scale variable so the safest bet for measuring the central tendancy should be median as it derives the mid-value of the given set of numbers
So here the median should be considered
PLZ HELP ASAP I HAVE 5 min before it due !!! this is for Econ
Answers
Answer:
increased
Explanation:
The graph shows the equilibrium price, which is an intersection of the demand and supply curves.
Letter A depicts the supply curve, while C is the supply curve. The arrow points to the equilibrium price or the prevailing market price.
Letter B shows the demand curve has shifted to the right(outwards). The shift in the demand curve has brought about a new intersection point between the old supply curve and the new demand curve. The new intersection represents the new price. As per the graph, the new price is at a higher point than the old price, meaning a price increase.
if, at some level of output, total planned expenditures are less than real gross domestic product (gdp),
Answers
If at some level of output, total planned expenditures are less than real gross domestic product (GDP), it means that the economy is experiencing an unplanned increase in inventories.
This is because businesses produced more goods and services than consumers purchased, resulting in an excess supply. As a result, businesses may need to reduce their production levels to avoid an accumulation of inventories and potential losses. This could potentially lead to a slowdown in economic growth as businesses reduce their expenditures and investments. Thus, when total planned expenditures are less than real GDP, then the economy is experiencing an increase in inventories.
The given question is incomplete. The complete question should be:
If, at some level of output, total planned expenditures are less than real gross domestic product (gdp), what does it signify about the economy?
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Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Answers
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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jonesville produces widgets an gadgets, and its ppc is linear. it takes 5 hours of labor to produce a gadget and 10 hours of labor to produce a widget. suppose that jonesville has 100 hours of labor. what is the maximum number of widgets it can produce?
Answers
20 widgets
What is widgets?
A software widget is an application or component designed for one or more software platforms that is quite straightforward and simple to use. A desk tool or applet is an illustration of a straightforward, standalone user interface, as opposed to a more intricate application like a spreadsheet or word processor.
In order to quickly access specific information from apps without having to launch the program itself, widgets can be placed to your phone's home screen. The Calendar widget is one example, which provides you with a quick glance of the events on your calendar without requiring you to open the Calendar application.
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boxer company issued common stock for proceeds of 124,000 during 2005. the company paid dividends of 22,000 and issued a long-term note payable for 30,000 in exchange for equipment during the year. the company also sold treasury stock that had a cost of 5,000 for 7,000. the financing section of the statement of cash flows will report...
Answers
The financing section of the statement of cash flows will report the following activities based on the given information:
Issuance of common stock: Boxer Company issued common stock for proceeds of $124,000 during 2005. This transaction represents a source of cash, so it will be reported as a positive amount in the financing section.
Payment of dividends: The company paid dividends of $22,000 during the year. Dividends represent cash outflows to shareholders and will be reported as a negative amount in the financing section.
Issuance of long-term note payable: Boxer Company issued a long-term note payable for $30,000 in exchange for equipment. This transaction represents a source of cash, and it will be reported as a positive amount in the financing section.
Sale of treasury stock: The company sold treasury stock that had a cost of $5,000 for $7,000. This transaction represents a source of cash, so it will be reported as a positive amount in the financing section.
To summarize, the financing section of the statement of cash flows will report:
Positive amount for the issuance of common stock ($124,000)
Negative amount for the payment of dividends ($22,000)
Positive amount for the issuance of a long-term note payable ($30,000)
Positive amount for the sale of treasury stock ($7,000)
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