The technique used to find relationships between variables for the purpose of predicting future values is known as regression analysis.
What is the importance of regression analysis?To find the most significant factors impacting the issue by using reliable sources, regression analysis is used.
It helps to identify the factors based on priority like important factors, factors that can be ignored and the connection between those elements to predict the values for future.
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Your coin collection contains 53 1952 silver dollars. If your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2059, assuming they appreciate at an annual rate of 6 percent?
Answer:
Value of collection = $16,652.38
Explanation:
The compound interest formula is:
\(A = P [ 1 + \frac{r}{n} ] ^{nt}\)
were,
P is the principal, which is $95 since that is the original value of 95 silver dollars purchased for $1 each.
r is the interest rate of 4.9%, expressed as 0.049
n is the number of times interest compounds each year, which is 1
t is the number of years the money is invested, which is 108 because we are calculating the gain between 1952 and 2060
Plug that in, and we get:
\(A = 95 [ 1 + \frac{0.049}{1} ]^{180}\)
\(A = 95 (1.049)^{180}\)
A = 95 × 175.2882
A = $16,652.38
Therefore,
Value of collection = $16,652.38
Hope it helps!!!brainliest pls!!!A patient has undergone procedures in the dental office to improve his periodontal health. The patient had severe periodontal disease and has shown moderate improvement, although he states his “gums are still bleeding.” The patient already has undergone a series of radiographs, a periodontal chart, and intraoral photographs that were taken before the treatment began. What instruments and forms should the dental assistant have ready for the dentist for this patient’s next examination? What must the dental assistant do during and after the examination?
A dentist is a health practitioner which specializes in oral health and
treatment plans for individuals.
The instruments and forms the dental assistant should have ready for this
patient’s next examination include:
Briault probeCotton forcepsExplorersMouth mirrorPeriodontal probeStraight probeThese instruments should be used to check the cause of the bleeding and
administer the right treatment. and is the reason why an examination has
to be conducted.
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MATH You have placed an ad on the Internet that is going to be charged using the CPA method at a rate of 50 cents per registered visitor. During one week, your web site received 75,345 hits from visitors linking from the advertisement, 12,000 of those inquired about your product, and 7,432 of them registered their personal information with your web site. How much will you have to pay the publisher of your ad?
You will be required to pay the advertiser $1,231.25 as payment. The title of certified public accountant (CPA) is given to licensed accountants.
What is the Certified Public Accountant (CPA) designation?For help obtaining the license, the American Institute of Certified Public Accountants (AICPA) offers resources. In the accounting industry, the CPA designation aids in the enforcement of professional standards.
The chartered accountant (CA) designation is a certification that is comparable to the CPA designation in other nations. CPAs are not all accountants. The CPA credential distinguishes its holders by demonstrating dedication, expertise, and knowledge. The production of reports that accurately reflect the business dealings of the individuals and businesses for which they work is one of the accounting tasks that CPAs are involved in.
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Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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A specific dollar amount a plan will pay toward the cost of dental care over a speck period of time is a;
A- Deductible
B- Maximum
C- scheduled of benefits
D- pretermination
Answer: c
Explanation:
1. Why do we need emotions when we make decision?
2. Why do you think the reason and impartialty are minimum requirements in decision making?
To keep people trusting in the decision-making process, there must be the illusion of impartiality. When there is a conflict of interest, you shouldn't participate in the decision-making process.
Why are feelings necessary for moral decision-making?Emotional processes influence moral judgement by giving moral decision-making scenarios an affective value, which helps to define what behaviours are acceptable and unacceptable (Haidt, 2001).
What do reason and objectivity in morality mean? Why are impartiality and reason considered to be the bare minimum of morality?It is a basic justice principle. Giving equal and/or sufficient regard to the interests of all parties involved is necessary according to the impartiality moral theory. It is predicated on the idea that everyone is, usually speaking, equally significant and that no one is viewed as having more intrinsic value than another.
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give at least 2 diffrences of entrepreneurs and intrapreneurs."
Answer:
The main difference between an entrepreneur and intrapreneur is that an intrapreneur is already an employee of an existing organization or buissness, while the entrepreneur creates and oversees a new organization or buissness. Another difference is when an entrepreneur introduces an idea, they are usually introducing a new idea that doesnt already exist or belong to a company. an intrapreneur on the other hand promotes an idea innovation within the already existing company. Also, an intrapreneur is usually an "inside entrepreneur" within an inside co. while an entrepreneur is typically in a larger firm.
Explanation:
I hope this helps have a great day:)
can you stop changing brainly ive watched an add over and over and never get to see my question i mean jesus christ.
Answer: On god
Explanation:
38. A log book used to record information about visitors who call in an organization is called A. Complimentary card B. Telephone directory C. Telephone pad D. Visitor's register E. Visitor's request form
A logbook used to record information about visitors who call in an organization is called an Option D. Visitor's Register.
A visitor's register is an essential tool for maintaining security and professionalism in a workplace. It helps in keeping track of the people entering and leaving the premises, which aids in monitoring the flow of visitors and ensuring their proper identification.
A visitor's register typically includes columns for the visitor's name, contact details, purpose of visit, time in, time out, and the name of the person they are meeting. This information is valuable in case any follow-up is required or for emergency situations where it's crucial to know who is on the premises.
In contrast, a complimentary card (A) is a business card exchanged during formal introductions. A telephone directory (B) is a listing of telephone numbers organized by name or business. A telephone pad (C) is a notepad used for taking messages or notes during phone calls, and a visitor's request form (E) may be a document required to be filled out by visitors for specific purposes or access.
In summary, a visitor's register (D) is the correct term for a log book used to record information about visitors who call an organization. It helps maintain security, monitor visitor flow, and ensure proper identification of guests. Therefore, the correct option is D.
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What is the beta for a 2 stock portfolio with a 0.54 weight in Walmart stock and the remainder in Amazon
Answer: 0.73
Explanation:
Walmart Beta = 0.3616
Amazon's beta = 1.1634
The beta of the portfolio will be a weighted average of the portfolio beta;
= (Walmart beta * Walmart weight) + ( Amazon beta * Amazon weight)
= (0.3616 * 0.54) + ( 1.1634 * (1 - 0.54))
= 0.730428
= 0.73
Discuss the functions of government necessary for a country
The functions of government are crucial for the proper functioning and development of a country. These functions can vary depending on the type of government system in place, but there are several key functions that are commonly considered necessary for a country's stability and progress.
1. Legislation and Governance: One of the primary functions of government is to create and enforce laws that maintain order, protect individual rights, and promote the welfare of the citizens. Governments establish institutions and frameworks for governance, ensuring the rule of law and providing a system of justice.
2. Defense and Security: Governments are responsible for safeguarding the country and its citizens from external threats. This involves maintaining armed forces, intelligence agencies, and diplomatic relations to protect national security interests.
3. Economic Management: Governments play a crucial role in managing and regulating the economy. They establish fiscal and monetary policies, oversee financial institutions, promote trade, and create an environment that supports economic growth and stability. Government intervention is often necessary to address market failures, promote fair competition, and protect consumers.
4. Social Welfare: Governments have a responsibility to ensure the well-being and social welfare of their citizens. This includes providing basic services such as healthcare, education, social security, and infrastructure development. Governments also implement social policies to address poverty, inequality, and promote equal opportunities.
5. Public Services: Governments are responsible for delivering essential public services, such as transportation, utilities, public safety, and environmental protection. These services are necessary for the functioning of society and improving the quality of life for citizens.
6. Diplomacy and International Relations: Governments engage in diplomatic activities and maintain relationships with other nations. They negotiate treaties, participate in international organizations, and represent the country's interests abroad. Governments also address global challenges, such as climate change and human rights, through international cooperation.
7. Public Communication and Information: Governments have a role in providing transparent and accurate information to the public. They engage in public communication, disseminate information, and promote citizen engagement and participation in the decision-making process.
These functions of government are essential for maintaining social order, promoting economic growth, protecting citizens' rights, and ensuring the overall well-being of a country. Effective governance requires a balance between these functions, adaptability to changing circumstances, and responsiveness to the needs and aspirations of the citizens.
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-At which point are you producing all running shoe
inserts and no hiking boot inserts?
-Which production point would be a goal for the future
but cannot be attained now?
Answer is A,X
Answer:
the guy above is right trust me (kid in all cp classes)
Explanation:
but yea he is correct
when sam increases smoothie production from 4 gallons to 5 gallons, his total cost of production increases from $32.50 to $36.85. calculate sam's marginal cost of producing smoothies.
When Sam increases smoothie production from 4 gallons to 5 gallons, his total cost of production increases from $32.50 to $36.85, Sam's marginal cost of producing smoothies is $4.35.
What is marginal cost?The marginal cost in economics is the change in total cost that occurs when the quantity produced is increased, or the cost of producing additional quantity.
All costs that vary with the level of production are included in the marginal cost. For example, if a company needs to construct a completely new factory in order to produce more goods, the cost of doing so is a marginal cost. The amount of marginal cost varies with the quantity of the good produced.
The marginal cost will be:
= ($36.85 - $32.60) / (5 - 4)
= $4.35
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Josiah started a new business venture five years ago. The business allows them
to work from anywhere as long as they have an Internet connection. Josiah is
able to pursue their love for travel without sacrificing their career. Which type
of entrepreneur best describes Josiah?
The small business type of entrepreneur best describes Josiah.
This kind of entrepreneurship refers to any form of small enterprise that has been created with the aid of one character, without the goal to enlarge or franchise.
Small business entrepreneurship is often whilst a person owns and runs their own commercial enterprise. They typically lease nearby employees and family participants. neighborhood grocery stores, hairdressers, small boutiques, specialists and plumbers are a part of this class of entrepreneurship.
Small business entrepreneurship is the concept of beginning a enterprise with out turning it right into a massive conglomerate or commencing many chains. A single-area eating place, one grocery shop, or a retail store to promote your handmade items might all be an example of small commercial enterprise entrepreneurship.
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Answer:
lifestyle entrepreneur
Explanation:
Just got it
On December 15, 2015, Carboy, Inc., borrows $120,000 cash from Third National Bank at 9 percent annual interest. The note is due in 45 days. At December 31, 2015, Carboy records any unpaid interest with an adjusting entry. On January 30, 2016, Carboy pays the principal and interest owed on the bank note.Prepare the January 30 entry by Carboy for the payment (maturity) of the note plus interest by selecting the account names and dollar amounts from the drop-down menus. (Note that the account names must follow the order in the illustration in the text.)
Answer:
December 15, 2015, bank loan is received
Dr Cash 120,000
Cr Notes payable 120,000
December 31, 2015, adjusting entry for accrued interests payable ($120,000 x 9% x 15/360)
Dr Interest expense 450
Cr interest payable 450
January 30,2016, loan is paid back to the back along with interests
Dr Interest expense 900
Dr Notes payable 120,000
Dr Interest payable 450
Cr Cash 121,350
Which of following is true about percentages
A technical analyst has been following the NSE 20 Share Index and has observed the following daily closings:Based on a 4-day moving average, if the index closed at 2,300 on day 13 would it signal a buy or sell decision? Explain.
Though the full information for this task is not disclosed nor found, we assume that it signaled a sell decision.
What is a sell decision?A sell decision is an investment decision to off-load or sell shareholdings in a company based on its stock index performance.
When the 4-day moving average of the index closed at 2,300, it signaled that the price of the stock would further nosedive.
As a technical analyst, that is, one who identifies trends and makes predictions based on patterns in market data, the signal points out that if the stock is not sold immediately, the depreciated value might make the investment worthless.
Thus, based on a 4-day moving average, the index closing at 2,300 on day 13 signaled a sell decision.
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Question 33 (12 points)
Listen
Suppose that an economy is producing real GDP valued at $15.5 trillion, but the
economy's potential level of production is $18 trillion. First explain what type of
production gap this is and how unemployment will be impacted. Then explain both
how the federal government might use its three fiscal policy tools and how the
Federal Reserve would use its three traditional monetary policy tools.
The type of production (or GDP) gap identified is the Negative production Gap. This is a situation where the economic output is less than the full capacity output.
How will the Negative Production Gap impact Unemployment?A negative Unemployment Gap always translates to low growth and further shortfall in output and increasing rates of unemployment.
Three fiscal policy tools that can be used to tackle this situation are:
The above tools are expansionary in nature. They have the effects of stimulating aggregate demand hence causing an expansion in production and reducing unemployment.
The three monetary tools that can be used to combat the above situation are:
Open Market Operations such as buying back government bonds;Reduced discount rates which increase money supply; andReducing reserve ratio are all expansionary. They will increase the money supply and stimulate aggregate demand.Learn more about Negative Production Gap at:
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What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?
It shows that the owner expects financial risk and is eliminating it by making an insurance company liable.
It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
It shows that the owner is willing to share ownership of the business to reduce financial risk.
It shows that the owner is willing to budget for short-term financial risks to avoid long-term risks.
Answer:
B. It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company
Explanation:
I just got a 100% on the unit test review with this question in there. I know it's late but hopefully can help some other students out in the future. :)
The purchasing insurance for a business toward financial risk shows : That the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
What is insurance?Insurance is a means that protect one against financial loss. It is a risk management form which is used to guard against unplanned risk or unforeseen circumstances.
This implies that Insurers can make use of subscription business model, collecting premium payments periodically in return for compounding benefits offered to policyholders.
The above shows that the policy holder acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
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What is the source of funds for transactions completed with debit cards
Answer:
The cardholder checking account
Explanation:
A debit card facilitates remote access to a customer's funds held in a checking account. The cardholder can make payments for goods and services using the money in their account through the debit card. Therefore, every debit card transaction reduces the customer's bank balance immediately. Should the customer have insufficient funds in their account, the payment will fail.
Answer:
Explanation:bank account
what is a marketing plan ?? answer please .
Answer:
marketing plan is defined as a comprehensive document or blueprint that outlines the advertising and marketing efforts for the coming year. It describes business activities involved in accomplishing specific marketing objectives within a set time frame. A marketing plan also includes a description of the current marketing position of a business, a discussion of the target market and a description of the marketing mix that a business will use to achieve their marketing goals.
7. FINC 302 is a long-term debt where the face amount of each bond is GH¢ 1,000. The coupon rate is 20% to be paid semi-annually. The 5-year risk-free rate is 20% p.a. It is estimated that the risk premium appropriate to company Y is 6 percentage points
The required rate of return is 26.00% whereas the WACC is 23.00%
What is required rate of return?
The required rate of return is the rate of return that investors expect from the stock based using the Capital Asset Pricing Model(CAPM) formula shown below:
required rate of return=risk-free rate+ risk premium
risk-free rate=20%
risk premium=6%
required rate of return=20%+6%
required rate of return=26.00%
What is WACC?
WACC means weighted average cost of capital is the sum of the cost of equity and the cost of debt multiplied by their respective weights in the firm's capital structure.
WACC=(required rate of return*weight of equity)+(cost of debt*weight of debt)
Note that there is an implicit assumption in this case that equity and debt have are 50%:50%
required rate of return=26%
cost of debt=coupon rate=20%
WACC=(26%*50%)+(20%*50%)
WACC=23.00%
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Complete question with requirement:
FINC 302 is a long term debt where face amount of each bond is GH¢ 1,000. The coupon rate is 20% to be paid semi annually. The 5-year risk free rate is 20% p.a. It is estimated that the risk premium appropriate to company Y is 6 percentage point.
Calculate the required rate of return and the WACC
Aracel Engineering completed the following transactions in the month of June. Jenna Aracel, the owner, invested $200,000 cash, office equipment with a value of $7,400, and $75,000 of drafting equipment to launch the company. The company purchased land worth $52,000 for an office by paying $8,200 cash and signing a long-term note payable for $43,800. The company purchased a portable building with $57,000 cash and moved it onto the land acquired in b. The company paid $4,000 cash for the premium on an 18-month insurance policy. The company completed and delivered a set of plans for a client and collected $8,600 cash. The company purchased $21,000 of additional drafting equipment by paying $11,700 cash and signing a long-term note payable for $9,300. The company completed $13,500 of engineering services for a client. This amount is to be received in 30 days. The company purchased $1,950 of additional office equipment on credit. The company completed engineering services for $24,000 on credit. The company received a bill for rent of equipment that was used on a recently completed job. The $1,481 rent cost must be paid within 30 days. The company collected $9,000 cash in partial payment from the client described in transaction g. The company paid $1,800 cash for wages to a drafting assistant. The company paid $1,950 cash to settle the account payable created in transaction h. The company paid $1,000 cash for minor maintenance of its drafting equipment. Jenna Aracel withdrew $10,710 cash from the company for personal use. The company paid $2,200 cash for wages to a drafting assistant. The company paid $2,900 cash for advertisements on the Web during June.
The preparation of the general journal entries for Aracel Engineering in June is as follows:
General Journal:Account Titles (Code) Debit CreditCash (101) $200,000
Office Equipment (163) $7,400
Drafting Equipment (164) $75,000
J. Aracel, Capital (301) $282,400
To record the owner's investment in the company.Land (172) $52,000
Cash (101) $8,200
Notes Payable (250) $43,800
To record the purchase of land.Building (170) $57,000
Cash (101) $57,000
To record the purchasing of the building for cash.Prepaid Insurance (108) $4,000
Cash (101) $4,000
To record prepayment for insurance.Cash (101) $8,600
Engineering Fees Earned (402) $8,600
To record engineering fees earned.Drafting Equipment (164) $21,000
Cash (101) $11,700
Notes Payable (250) $9,300
To record the purchase of drafting equipment.Accounts Receivable (106) $13,500
Engineering Fees Earned (402) $13,500
To record engineering services rendered on account.Office Equipment (163) $1,950
Accounts Payable (201) $1,950
To record the purchase of office equipment.Accounts Receivable (106) $24,000
Engineering Fees Earned (402) $24,000
To record engineering services rendered on account.Equipment Rental
Expense (602) $1,481
Accounts Payable (201) $1,481
To record the accrued rental expenses.Wages Expense (601) $1,800
Cash (101) $1,800
To record the payment of wages.Accounts Payable (201) $1,950
Cash (101) $1,950
To record payment on account.Repairs Expense (604) $1,000
Cash (101) $1,000
To record payment for minor equipment repairs.J. Aracel, Withdrawals (302) $10,710
Cash (101) $10,710
To record the withdrawal of cash by the owner.Wages Expense (601) $2,200
Cash (101) $2,200
To record the payment of wages.Advertising Expense (603) $2,900
Cash (101) $2,900
To record the payment for advertising expenses.Transaction Analysis:Cash (101) $200,000 Office Equipment (163) $7,400 Drafting Equipment (164) $75,000 J. Aracel, Capital (301) $282,400
Land (172) $52,000 Cash (101) $8,200 Notes Payable (250) $43,800
Building (170) $57,000 Cash (101) $57,000
Prepaid Insurance (108) $4,000 Cash (101) $4,000
Cash (101) $8,600 Engineering Fees Earned (402) $8,600
Drafting Equipment (164) $21,000 Cash (101) $11,700 Notes Payable (250) $9,300
Accounts Receivable (106) $13,500 Engineering Fees Earned (402) $13,500
Office Equipment (163) $1,950 Accounts Payable (201) $1,950
Accounts Receivable (106) $24,000 Engineering Fees Earned (402) $24,000
Equipment Rental Expense (602) $1,481 Accounts Payable (201) $1,481
Wages Expense (601) $1,800 Cash (101) $1,800
Accounts Payable (201) $1,950 Cash (101) $1,950
Repairs Expense (604) $1,000 Cash (101) $1,000
J. Aracel, Withdrawals (302) $10,710 Cash (101) $10,710
Wages Expense (601) $2,200 Cash (101) $2,200
Advertising Expense (603) $2,900 Cash (101) $2,900
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Question Completion:Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Drafting Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); J. Aracel, Capital (301); J. Aracel, Withdrawals (302); Engineering Fees Earned (402); Wages Expense (601); Equipment Rental Expense (602); Advertising Expense (603); and Repairs Expense (604).
Product _____ involves altering one or more of a product's characteristics, such as its quality, performance, or appearance, to increase the product's value to customers and increase sales.1. lining2. bundling3. modification4. churning
5. sabotage
Answer:
Product modification
Explanation:
-Product lining refers to offering different goods that are sold separately.
-Product bundling refers to offering different goods that are sold as a group.
-Product modification is a change that is made to a product to make it more appealing and adjust it to customers' needs.
-Product churning is when companies sell an important amount of products to a point that it doesn't benefit the customers.
-Product sabotage is when companies get customers to buy the products that generate more revenue instead of the options with a lower price.
According to this, the answer is that product modification involves altering one or more of a product's characteristics, such as its quality, performance, or appearance, to increase the product's value to customers and increase sales because it refers to making changes to a product to adapt it to customers needs and make it more appealing.
___competition is a competitive advantage based on factors other than price.
A-price
B- perfect
C-nonprice
D-monopolistic
is .org a good website?
Answer:
If you are talking about reliability-wise, when a ULR ends with .org, it may be a trusted website, it just depends on what the organization is. If you want a more reliable website to use try finding one with .gov at the end of the ULR. These are government moderated websites.
On January 1, 2019, Cullumber Company had $1,000,000 of common stock outstanding that was issued at par. It also had retained earnings of $740,000. The company issued 35,000 shares of common stock at par on July 1 and earned net income of $390,000 for the year.
Required:
Journalize the declaration of a 14% stock dividend on December 10, 2020, for the following independent assumptions.
a. Par value is $10, and market price is $18.
b. Par value is $5, and market price is $20.
Answer:
a. Par value is $10, and market price is $19. b. Par value is $5, and market price is $20.
Explanation:
Alexander Rees is concerned about appearing knowledgeable in exporting. What are
some of the factors he mentions in the project letter?
A-Finding good coffee
B-Developing a reliable source for twizzle sticks
C-Travel costs
D-Cultural Differences and exchange rates
Alexander Rees is concerned about appearing knowledgeable in exporting. The some of the factors he mentions in the project letter are
Travel costs
Cultural Differences and exchange rates
Thus option (C) and (D) are correct.
What is a cost?The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
Alexander Rees is concerned about appearing knowledgeable in exporting. Travel costs and Cultural Differences and exchange are some of the factors he mentions in the project letter.
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An investor owns 5,000 shares of IBM stock, $105 per share. He thinks that there is no large rise and possible drop in price. This investor decides to sell 50 December 110 call option at $4, receiving $20,000. Note: Each call option contract provides for the right to buy 100 shares of stock. December 110 call option means that the strike price of the call is 110 and it matures in December.
Required:
1. If IBM stock price rises from $105 to $112, the profit associated with the passive strategy is __________ and the profit associated with the covered call writing strategy is ____________.
Answer:
If IBM stock price rises from $105 to $112, the profit associated with the passive strategy is $ 35,000 and the profit associated with the covered call writing strategy is $ 45,000 .
Explanation:
Shares = 5000
Price of shares = $105
Sell Price = $112
The profit associated with the passive strategy = $(112 - 105) × 5000
= $ 35,000
Now with covered call also included in the strategy the profit/loss from covered call can be calculated as
Strike Price = $110
Spot Price = $112
Total Shares on which Call options are sold = 50 × 100 = $5000
Total Premium received = 5000 × 4 = $20000
(Spot Price - Strike Price ) × Total Shares
= $(112 - 110) × 5000
= $10,000
Hence Net Profit = Premium received - $10,000 = $20,000 - $10,000
= $ 10000
Hence the profit associated with the covered call writing strategy
= $35,000 + $10,000
= $ 45,000
Goods sold for the day as per cash register roll for, R16 800. Purchased a Desk and Laptop form MM Designers and paid by cheque no. 161, R18 000. how do you record in a journal
To record the sale and purchase in a journal, we can use the following entries:
Sales Entry:
*Photo Included*
Explanation: This entry records the sale of goods for R16,800. The cash or bank account is debited, representing the increase in cash or bank balance, and the sales account is credited, representing the revenue earned from the sale.
Purchase Entry:
*Photo Included*
Explanation: This entry records the purchase of a desk and a laptop from MM Designers for R18,000, paid by cheque no. 161. The desk and laptop account is debited, representing the increase in assets, and the bank account is credited, representing the decrease in bank balance due to the payment made by cheque.
Note: If the cheque was not paid immediately, but was post-dated, the entry would be slightly different, with the accounts payable account being credited instead of the bank account.