Terry wants to begin investing and needs some guidance because he is uncomfortable making investment decisions. He should use a(n)
A. Discount broker.
B. Full-service broker.
C. Market maker.
D. Online broker.
E. None of these is correct.

Answers

Answer 1

Terry wants to begin investing and needs some guidance because he is uncomfortable making investment decisions. He should use a(n) Full service broker.

A regulated financial broker-dealer company that offers a wide range of services to its clients, such as research and guidance, retirement planning, tax counseling, and much more, is known as a full-service broker. The commissions at full-service brokerages are significantly greater than those at cheap brokers, so of course all of this comes at a cost.

While bargain brokers are the way to go for those who only want to execute trades without the extra services, full-service brokers can offer knowledge for those who don't have the time to remain current on complex matters like tax or estate planning. Full-service brokers give their clients individualized assistance and involvement when it comes to facilitating trades, managing portfolios, financial planning, and asset management. Individual stockbrokers and/or financial advisors are allocated to clients.

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Related Questions

Sustainability and ERP (Enterprise resource planning) systems are helping companies track their energy consumption. SAP and Walmart are not only teaming up for the implementation of the retail giant’s financial software, but they are also promoting a unified front on sustainability—focusing on reducing pollution while increasing profits—through the use of ERP software. Many SAP customers have cut energy usage; for example, 7-Eleven reduced its cooling energy usage by 12 percent, Dannon cut its fuel costs by 22 percent with better management of its transportation system, all through the use of enhanced information from their ERP system. Companies can use the software to track and report on their energy consumption; however, in order to make changes, a company must determine the baseline of its energy consumption. For instance, Walmart was surprised to find that only 8 percent of its carbon footprint was under the direct control of the company, the remaining 92 percent was in the company’s supply chain. Since 85 percent of Walmart’s suppliers run SAP, Walmart saw an opportunity to encourage energy savings on the part of the companies that supply the Walmart stores. SAP sustainability software application allows Walmart and its suppliers to track their energy usage, emissions, and consumption of other natural resources.

Answers

Answer:

SCM by kashif shafiq? :D

Explanation:

what are the impact of retail shop fitting strategy?​

Answers

The impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.

What is retail shopfitting?

Retail shopfitting is the use of colors, displays, and various fittings as a strategic business move and attractively fitting the retail shop, ensuring:

Increased visual impactCustomers find your storeIncreased customer salesThe communication of retail brandImproved business performance and profitability.

Thus, the impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.

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a business intitially sells their product to customers for $50. they find that many people are buying their product, so they raised the price to $100. Which of the following is a likely response that they will receive from customers

Answers

Answer:

idn

Explanation:

i hope you can find the answer i tried to help

Simplify by combining like terms. (a) 6x+8x

Answers

Answer:

14x

Explanation:

6+8=14

6x+8x=14x

Freida bought an arcade gaming system with a sticker price of $2500. She received an installment loan and will pay $150 per month for 2 years. When the loan has been paid in full, how much will Freida have paid for the arcade system?

Answers

Answer:3600

Explanation:

When the loan has been paid in full, $3600 will Freida have paid for the arcade system.

To figure out how much Freida spent for the arcade system, multiply the amount she paid each month by the number of days in two years, which is 24.

number of months in 2 years = 12 + 12

number of months in 2 years =  24

will pay $150 per month

$150 × 24 = $3600.

When the loan is paid in full, the arcade equipment will cost $3600.

As a result, the significance of the Freida have paid for the arcade system are the aforementioned.

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What should you do when you open a checking account?
A) Open a savings account and link it to your checking account.
B)Try to sign up for true overdraft protection, even though you have to pay
for it.C. Both A and B.

Answers

Answer: both a and b

Explanation:

1. Concave Systems presently has earning interest and taxes of
$6 million. Its interest expenses are $1,000,000 a year, and it
pays $600,000 in annual dividends to its shareholders. Concave
has 300, 000 common shares outstanding, and its tax rate is 40
percent. Its annual capital expenditures are $900,000. Concave's
present priceto-earning ratio is 8.
a. Calculate the company's earnings per share and interpret.
b. Calculate the company's dividend payout ratio and interpret. 目
c. Calculate the company's dividend yield and interpret.

Answers

The company's earnings per share is 20, dividend payout ratio is 0.1  and dividend yield is 1.25.

What is Dividend payout?

The dividend payout is the ratio between dividend per equity share and earning per equity share.

Earning per share =  Earning net interest and tax/ Number of shares                 outstanding

                             = $6,000,000/3,00,000

                             = 20

Dividend per share = Total Dividend/ No of shares

                                 = $600,000/300,000

                                 = $2

Dividend payout ratio = Dividend per share/Earning Per Share

                                    = $2/20

                                    = 0.1

Market value per share = P/E Ratio × Earning per share

                                        = 8 × 20

                                         = $160

Dividend Yield =  Dividend per share/ Market Value Per Share

                         = $2/$160×100 = 1.25

Therefore the earning per share indicates the earnings of the company is attributable to the equity shareholders. The company's dividend payout ratio and dividend yield ratio indicate the percentage of earnings paid to shareholders via dividends.

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You are an economics professor teaching large sections of Principles courses this semester. Within the first week of class,
several students have approached you with concerns about exam and homework due dates. They fear they won't do well
because the due dates for your class conflict with the dates for their other classes. You want to allocate exam and homework
due dates to the days most valued by students, but sifting through the opinions of hundreds of students presents a challenge.
The MOST efficient allocation would result if you:
design a predictions market for students to designate when they think the dates will be.
b. create an internal market for students to bid for their preferred dates.
C.
use your centralized power as a professor to assign the dates without student input.
d. determine that you have a knowledge problem when assigning dates

You are an economics professor teaching large sections of Principles courses this semester. Within the

Answers

The MOST efficient allocation of exam and homework due dates for students who have concerns due to conflicting schedules with other classes is to create an internal market for students to bid for their preferred dates.The correct answer is option-b.

A market is the most efficient mechanism for allocating goods and services according to the preferences of consumers. Students who have conflicting schedules can bid for their preferred exam and homework due dates through an internal market.

This method has the advantage of providing the exam and homework due dates to those who are willing to pay the most for them. By using the internal market, the professor can allocate the dates in the most efficient manner without sifting through the opinions of hundreds of students.

This method is also fair as it gives students the opportunity to choose their preferred dates based on their schedule constraints, and it reflects the value that students place on certain exam and homework due dates.

Therefore, the correct answer is option-b.

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​McArthur, Inc. plans to develop a shopping center. In the first​ quarter, the following amounts were​ spent: Acquisition of land $ 18 comma 000 Surveys and legal fees 1 comma 300 Land clearing 500 Fencing 9 comma 000 Install lighting and signage 13 comma 060 What amount should be recorded as the land improvements​ cost?

Answers

Answer:

$22,060

Explanation:

Calculation for the amount that should be recorded as the land improvements​ cost?

Using this formula

Land improvement cost = Cost of installation lighting and signage +Cost of fencing

Let plug in the formula

Land improvement cost=$13,060 + $9,000

Land improvement cost=$22,060

Therefore the amount that should be recorded as the land improvements​ cost will be $22,060

A successful data-driven market segmentation program depends on each of the following except:

a.
the rejection of tradiitional marketing research techniques

b.
the use of transactional and event data

c.
a common definition of market segments across all areas of the business

d.
developing a centralized and accessible CRM (Customer Relationship Management) database

Answers

A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".

The correct option to the given question is option a.

Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.

Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.

Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.

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Which question can best help a consumer assess risk when purchasing insurance? How much must be paid to make a claim? What problems are most likely to happen? What are the possible payouts on a claim? How much are the monthly premiums?

Answers

Answer: the answer is : What problems are most likely to happen?

Explanation:

Answer:

b

Explanation:

A family buys a new home for $150,000. However, they also have to set
aside an extra $1,500 to pay to the local government for owning the
house. This is the result of the:

Answers

Answer:

Property tax

Explanation:

Answer:

Explanation:

It is property tax

QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)

Answers

Answer:

rat

Explanation:

Use the Distributive Property to multiply 9 and 37 in your head.

Represent 9 × 37 by writing 37 in expanded form.

9 × (30 + 7)
9 × 3 × 7
9 × (30 × 7)
9 + (30 + 7)

Answers

By applying the distributive property of multiplication,  9 × 37 is represented by: A. 9 × (30 + 7)

What is the distribution property of multiplication?

The distributive property of multiplication states that when the sum of two or more addends are multiplied by a particular numerical value, the same output would be produced as when each addend is multiplied respectively by the same numerical value, and the products are added together.

Mathematically, the distributive property of multiplication is given by this expression:

a(b + c) = ab + ac.

By applying the distributive property of multiplication to 9 and 37, we have:

9 × (30 + 7) = 9(30) + 9(7)

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Classify each of the following statements as a positive or negative effect of tourism.
commercialization and erosion of
cultural values
growth in industries such as
agriculture
conflicts between tourists and
locals over the use of resources
job creation and the prevention
of urban migration
job-related friction, such as locals
receiving lower wages than foreign
employees
conservation of heritage sites

Answers

Answer:

Positive Effects of Tourism- growth in industries such as agriculture, job creation, and the prevention of urban migration, conservation of heritage sites

Negative Effects of Tourism- job-related friction, commercialization and erosion of cultural values, and conflicts between locals and tourists over the use of resources

Explanation:

Determine the missing amounts in each of these four separate situations a through d.
a
b
с
d
$
2,816
625 $
4.375
3,313 $
11,264
11,864
Supplies available-prior year-end
Supplies purchased during current year
Total supplies available
Supplies available-current year-end
Supplies expense for current year
5.000
14,577
(1,075)
(3,296)
22,296
(800)
12,439
3,013

Answers

The determination of the missing amounts in each of these four separate situations, a through d, is as follows:

                                                                    a              b             c            d

Supplies available-prior year-end      $2,816       $625    $4,375     $3,313

Supplies purchased (current year)      11,264      11,864     5,000     14,577

Total supplies available                    $14,080  $12,489    $9,375  $17,890

Supplies available-current year-end   (1,075)    (3,296)      (800)   (12,439)

Supplies expense for current year $13,005    $9,193   $8,575    $5,451

What are end-of-year adjustments?

The end-of-year adjustments are the changes made to the items of the balance sheet and income statements to ensure that the year-end financial reports accurately reflect the company's accounts in accordance with the accrual concept and the matching principle of US GAAP.

Thus, the missing amounts have been determined, but note that the amounts may not be accurate because the question was not complete.

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DESCRIBE THE FUNCTIONS OF
PRELIMINARY DATA GATHERING?

Answers

Preliminary data gathering involves collecting and analyzing relevant information to establish a foundation for research or decision-making, including identifying objectives, assessing data availability, etc.

What are the Functions of Preliminary Data Gathering?

Preliminary data gathering encompasses the initial acquisition and evaluation of pertinent information, serving as a basis for research or decision-making. It aids in defining project scope, goals, and needs, while also assessing data availability and quality.

This stage assists researchers and decision-makers in gaining insights, assessing project feasibility, recognizing potential obstacles, and formulating a strategic plan for subsequent data collection and analysis.

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Andy, a junior in high school, is considering his options for employment following graduation. His uncle, a master electrician, has suggested that Andy consider an apprenticeship with his company, in part because the occupation is considered a “bright outlook” job and it also is becoming recognized as a “green” industry. Andy’s friend, on the other hand, thinks that Andy should go to work with him at his father’s contracting business as a plaster tender. Andy quickly realizes that the choice he makes at graduation will have long-term effects on his opportunities for career advancement and lifelong income potential. Andy wants to consider many of the factors affecting this important decision, including the education and training needed to begin work, apprenticeship opportunities, licensure requirements, and wages.

Assume the role of Andy’s grandfather who spent his entire career in the building trades and, in an essay of at least 150-words, compare several of the advantages and limitations associated with each career path.

Answers

Answer:

Andy should look and identify his field of interest before choosing a specific career path. If she has none of preferences for his career choice then se can look for other factors to select specific career path.

Explanation:

Andy's grandfather has spend his life in building trades and he is a successful person. He thinks Andy should choose same career path as he did and he can be successful too but this is not the case. The thing can be different in this era, the preferences and nature of Andy might be different from his grand father. There are many others factors which also need to be considered as the job security, learning potential in the field, progress in career, wages and pay rise, working environment and others.

NBM common stock recently paid annual dividend in the amount of $2.25 per share. The analyst’s estimate of the firm’s growth forecast over the next 4 years is 18.00% and over 3 years after that of 16.5%. You expect the firm to slow down in the long run and estimate the long-term growth rate after 7 years to be 6.5%. If the required rate of return on the stock is 11%, what is your estimate of the stock price?

Answers

Using the dividend discount model with given growth rates and required rate of return, the estimated stock price for NBM common stock is calculated by discounting future dividends, resulting in the stock price.

To estimate the stock price of NBM common stock, we can use the dividend discount model (DDM) which calculates the present value of future dividends.

First, let's calculate the dividends for the next 7 years:

Year 1: $2.25 (given)

Year 2: $2.25 * (1 + 18%) = $2.655

Year 3: $2.655 * (1 + 18%) = $3.1399

Year 4: $3.1399 * (1 + 18%) = $3.7029

Year 5: $3.7029 * (1 + 16.5%) = $4.3177

Year 6: $4.3177 * (1 + 16.5%) = $5.0273

Year 7: $5.0273 * (1 + 6.5%) = $5.3485

Next, let's calculate the present value of these dividends using the required rate of return of 11%:

PV = D1 / (1 + r) + D2 / (1 + r)^2 + ... + D7 / (1 + r)^7

PV = $2.25 / (1 + 0.11) + $2.655 / (1 + 0.11)^2 + $3.1399 / (1 + 0.11)^3 + $3.7029 / (1 + 0.11)^4 + $4.3177 / (1 + 0.11)^5 + $5.0273 / (1 + 0.11)^6 + $5.3485 / (1 + 0.11)^7

Finally, summing up the present values, we can estimate the stock price:

Stock Price = PV

Calculating this equation will give the estimated stock price of NBM common stock.

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materials requisition forms are used for ____. multiple select question. a.specifying the cost of materials to be ordered b.summarizing the cost of a job c. controlling the flow of materials into production d. making journal entries in accounting records

Answers

Materials requisition forms are used for controlling the flow of materials into production. Hence, option C is appropriate.

What is the meaning of Production?

The process of mixing several inputs, both material and immaterial, to produce output is known as production. In a perfect world, this output would be a product or service that is useful to people and has value.

Producing something is the act of creating something out of components or raw resources. To put it another way, the production employs inputs to produce an output that is fit for consumption—a good or product that has value for a customer or end-user.

Hence, option C is correct.

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Score: 0/450
Question Value:
In 2018, the U.S. balance of payment numbers showed that income received was $1,060.4 billion and
income payments were $816.1. What was the net result?
an outflow of $816.1 billion
a net inflow of $244.3 billion
a net outflow of $244.3 billion
an inflow of $1,060.4 billion

Answers

The net result of the U.S. balance of payment numbers in 2018 was a net inflow of $244.3 billion.

In 2018, the U.S. balance of payment numbers indicated that income received was $1,060.4 billion, while income payments amounted to $816.1 billion.

To determine the net result, we need to subtract the income payments from the income received.

Net Result = Income Received - Income Payments

Substituting the given values into the equation, we have:

Net Result = $1,060.4 billion - $816.1 billion

Calculating the difference, we find:

Net Result = $244.3 billion

This signifies a net inflow of funds, indicating that the United States received more income from abroad than it paid out. It is important to note that a positive net result implies a surplus in the current account, which includes trade in goods and services, income receipts, and unilateral transfers.

This surplus indicates a favorable position for the U.S. economy in terms of its international financial transactions during that period.

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True or False: Your personal brand statement will be wording that is unique to you
and that clearly describes your strengths, passions, and who you plan to serve.
True
False

Answers

Answer:

True

Explanation:

it’s true thank me laterrrrr

critcism of modern management theory​

Answers

Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.

Modern management theory has received its fair share of criticism. One critique is its overemphasis on rigid hierarchical structures, which can stifle creativity and hinder employee autonomy. Another criticism is the focus on short-term financial gains, often at the expense of long-term sustainability and employee well-being. Critics argue that this approach neglects the importance of social and environmental factors in organizational success. Additionally, modern management theory is often criticized for its lack of inclusivity and failure to address issues of diversity and equity. Furthermore, some argue that the reliance on top-down decision-making and command-and-control structures limits employee engagement and empowerment. These criticisms highlight the need for a more flexible, holistic, and human-centered approach to management that takes into account the complex dynamics of organizations and their impact on individuals and society.

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On January 1, 2016, Knorr Corporation issued $1,400,000 of 6%, 5-year bonds dated January 1, 2016. The bonds pay interest annually on December 31. The bonds were issued to yield 7%. Bond issue costs associated with the bonds totaled $22,107.40.

Answers

The preparation of the journal entries concerning the bond transactions for 2016 and 2017 for Knorr Corporation is as follows:

Journal Entries:

Jan. 1, 2016: Debit Cash $1,342,597

Debit Discount on Bonds Payable $57,403

Bonds Payable $1,400,000

To record the issuance of bonds for cash.

Jan. 1, 2016: Debit Deferred Bond Issue Costs $22,107.40

Cash $22,107.40

To record the payment of bond issuance costs.

Dec 31, 2016: Debit Interest Expense $93,982

Credit Discount on Bonds Payable $9,982

Credit Cash $84,000

To record the payment of the first interest expense and discount amortization.

Dec. 31, 2016: Debit Interest Expense 4,421.48

Credit Deferred Bond Issue Costs 4,421.48

To record the first amortization of bond issuance costs.

Dec 31. 2017: Debit Interest Expense $94,681

Credit Discount on Bonds Payable $10,681

Credit Cash  $84,000

To record the payment of the second interest expense and discount amortization.

Dec 31, 2017: Debit Interest Expense $4,421.48

Credit Deferred Bond Issue Costs $4,421.48

To record the second amortization of bond issuance costs.

Transaction Analysis:

January 1, 2016:

Face value of bonds payable = $1,400,000

Bond proceeds (PV) = $1,342,597

Bond discounts = $57,403 ($1,400,000 - $1,342,597)

Maturity period = 5 years

Coupon interest rate = 6%

Effective interest rate = 7%

Bond issuance costs = $22,107.40

Annual amortization of bond issuance costs (straight-line) = $4,421.48 ($22,107.40 ÷ 5)

December 31, 2016:

Interest expense = $93,982 ($1,342,597 x 7%)

Interest payment = $84,000 ($1,400,000 x 6%)

Amortization of bond discount =$9,982 ($93,982 - $84,000)

Bonds Payable = $1,352,579 ($1,342,597 + $9,982)

December 31, 2017:

Interest expense = $94,681 ($1,352,579 x 7%)

Interest payment = $84,000 ($1,400,000 x 6%)

Amortization of bond discount =$10,681 ($94,681- $84,000)

Bonds Payable = $1,363,260 ($1,352,579 + $10,681)

Jan. 1 Cash $1,342,597 Discount on Bonds Payable $57,403 Bonds Payable $1,400,000

Jan. 1 Deferred Bond Issue Costs $22,107.40 Cash $22,107.40

Dec 31 Interest Expense $93,982 Discount on Bonds Payable $9,982 Cash $84,000

Dec. 31 Interest Expense 4,421.48 Deferred Bond Issue Costs 4,421.48

Dec 31 Interest Expense $94,681 Discount on Bonds Payable $10,681 Cash  $84,000

Dec 31 Interest Expense $4,421.48 Deferred Bond Issue Costs $4,421.48

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Question Completion:

Prepare the journal entries to record the following:

Additional Instructions

January 1, 2016: Sold the bonds at an effective rate of 7%

December 31, 2016: First interest payment using the effective interest method

December 31, 2016: Amortization of bond issue costs using the straight-line method

December 31, 2017: Second interest payment using the effective interest method

December 31, 2017: Amortization of bond issue costs using the straight-line method

Click on the BACKPACK tab and make choices for the SHAPE, STRAPS, MATERIAL, FEATURES and COLOR. Notice as you make your choices, the STATS and PRODUCTION COST will change. Do not forget who your target customer is and what they VALUE. You can always click on the SEGMENTS tab for reference if you need to. When you are done with your choices, click FINISH to move onto the next phase.

Answers

Answer:

Backpack Design: Shape: Large rectangular $15

Straps: Wide Padded $8

Material: Advanced $10 Features: Water Bottle $2 and extra waterproof protector for $10 extra, gps

Color: Blue

According to the given condition of the four shapes has the highest production cost is Teardrop Rucksack. The correct option is (A).

What do you mean by production cost?

All of the direct and secondary expenses companies incur when producing a good or rendering service are referred to as production costs.

Various costs, including personnel, raw materials, consumable industrial supplies, and general fees, can be included in production costs.

The total cost of raw ingredients and personnel as well as the total cost of manufacturing overhead can be added together to get the total cost of the output.

It is the design that is most complex in nature. It has to go through different process steps, having parts of different sizes. So, it has the highest production cost.

Therefore, according to the given condition of the four shapes has the highest production cost is Teardrop Rucksack.

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This is an incomplete question the complete question is:

Okay, it's time to build a backpack that the OUTDOOR ENTHUSIAST market segment will love. The key design decisions you'll need to make include choosing the backpack's SHAPE, STRAPS, MATERIAL, FEATURES, and COLOR. First, let's focus on SHAPE. In the backpack builder panel, click through each of the four shape options.

Before you confirm the backpack shape selection, let's make sure you're reading the backpack shape information properly. Which of the four shapes has the highest PRODUCTION COST?

Teardrop RucksackRounded TopSquareLarge Rectangular

Which situation best illustrates an effect of the law of demand?
A. A car company increases sales when incomes rise in a city.
B. More children go to a theme park after a competing park shuts
down.
C. Customers stop going to a restaurant after it raises its prices.
D. A shop orders more computers when their selling price increases.

Answers

The correct answer is C

Answer: C. Customers stop going to a restaurant after it raises its prices

Explanation: (apx)

Barrios Communications is a provider of satellite television services. It will install a satellite dish free of charge for any customer that agrees to a one-year service contract at a price of $50 per month. Installation costs Barrios $150. Customers typically remain with Barrios for much longer than the one year required, an average of 10 years (i.e., 9 years beyond their contractual obligation). Barrios enters into a contract under the terms described above on January 1, 20X1.
Required:1. What amount of revenue should Barrios record related to the contract in 20X1?2. What amount of expense related to the contract should Barrios record related to the contract in 20X1?

Answers

Answer:

$600$15

Explanation:

1. The revenue for the first year will be the One year contract price

= 50 * 12 months

= $600

2. Customers typically remain with Barrios for an average of 10 years so assuming this stays the same, the expense related to the contract of $150 can be capitalized over those 10 years.

= 150/10

= $15

Remember, an agency relationship can degenerate into an agency conflict when an agent acts in a manner that is not in the best interest of his or her principal. In large corporations, these conflicts most frequently involve the enrichment of the firm's executives or managers (in the form of money and perquisites or power and prestige) at the expense of the company's shareholders. This usurping and reallocation of shareholder wealth is most likely to occur when shareholders do not have sufficient information about the decisions and actionsbeing made by the firm's management Consider the following scenario and determine whether an agency conflict exists: Jacob owns Jacob's Tantalizing Tees, a T-shirt shop in a small college town in Virginia. With a staff of three part-time employees, Jacob operates the business in accordance with his personal goals, dreams, and capabilities. Does Jacob have an agency conflict to deal with? a. Yes; as both the owner and operator of Jacob's Tantalizing Tees, Jacob has created the necessary agency relationship through which an agency conflict can exist. b. No; by having part-time, as opposed to full-time, employees, Jacob is prevented from experiencing an agency conflict. c. Yes; there is always an inherent conflict of interest between owners and operators (managers). d. No; as both the owner and operator of Jacob's Tantalizing Tees, Jacob has not created the necessary agency relationship through which an agency conflict can exist.

Answers

Answer:

Statement C.

Explanation:

In every business shareholders invests their money and hire some great potential managers so that the business runs smooth even without their presence.

The shareholder is the owner, and that the manager is the employee who works on the direction of shareholders. Accordingly there is an inbuilt relationship of an agent and principal.

Agent = managers

Principal = Shareholders

And there is an inherent risk as the managers might not agree to certain terms of shareholders and vice-e-versa. But even both of them cannot work without each other.

You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,800,000 purchase price. The monthly payment on this loan will be $17,000. a. What is the APR on this loan

Answers

Answer:

the APR on this loan is 8.68 %.

Explanation:

First determine the nominal rate compounded monthly on this mortgage as follows :

n = 30 × 12 = 360

Pv = $2,800,000 × 80% = $2,240,000

pmt = - $17,000

p/yr = 12

FV = $0

r = ?

Using a Financial Calculator, the nominal rate compounded monthly, r on this mortgage is 8.3588 or 8.36 %.

Then, find the Annual Percentage Rate :

8.36     Shift NOM %

12         Shift P/YR

Shift EFF%   8.68 %

Again using a Financial calculator as above, the APR on this loan will be 8.6879 or 8.68 %

The country of Batavia produces only chocolates and watches. Below is a table with recent information on Batavia production and prices. The base year is 2009.
Prices and Quantities
Year
2008
2009
2010
2011
Price of A Box Boxes of
of Chocolates
Chocolates
$4
$5
$5
$6
100
90
100
80
Price of
Watches.
$50
$50
$60
$65.
Quantity of
Watches
10
15
15
12
Refer to Table 23-6. What was the inflation rate for 2011? Show your work.

Answers

Answer:

Explanation: chocalates 390

prices of watched 225

quantity of watches is 52

390+225+52 = 667

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