Wang Corporation's capital structure consists of 40,000 ordinary shares. At December 31, 2015 an analysis of the accounts and discussions with company officials revealed the following information(12 Marks)
Sales ¥1,050,000
Purchase discounts 18,000
Purchases 642,000
Loss on discontinued operations (net of tax) 28,000
Selling expenses 128,000
Cash 60,000
Accounts receivable 90,000
Share capital 200,000
Accumulated depreciation 180,000
Dividend revenue 8,000
Inventory, January 1, 2015 152,000
Inventory, December 31, 2015 125,000
Unearned service revenue 4,400
Accrued interest payable 1,000
Land 370,000
Patents 100,000
Retained earnings, January 1, 2015 290,000
Interest expense 17,000
General and administrative expenses 150,000
Dividends declared 29,000
Allowance for doubtful accounts 5,000
Notes payable (maturity 7/1/18) 200,000
Machinery and equipment 450,000
Materials and supplies 40,000
Accounts payable 60,000
The amount of income taxes applicable to ordinary income was ¥33,600, excluding the tax effect of the loss of the discontinued operation which amounted to ¥12,000.
Instructions
(a) Prepare an income statement.
(b) Compute earnings per share from continuing operation
Answers
(a) Income statement for Wang Corporation for the year ended December 31, 2015:
Sales ¥1,050,000
Less: Purchase discounts 18,000
Net sales 1,032,000
Cost of goods sold:
Beginning inventory ¥152,000
Purchases 642,000
Less: Ending inventory (125,000)
Cost of goods sold 669,000
Gross profit 363,000
Less: Selling expenses 128,000
General and administrative expenses 150,000
Interest expense 17,000
Loss from discontinued operations (net of tax) 28,000
Net income before taxes 40,000
Income tax expense 33,600
Net income ¥6,400
(b) Earnings per share from continuing operations:
Net income before taxes from continuing operations ¥40,000
Income taxes applicable to continuing operations (¥33,600 - ¥12,000) 21,600
Net income from continuing operations ¥18,400
Earnings per share from continuing operations = Net income from continuing operations / Number of ordinary shares
= ¥18,400 / 40,000
= ¥0.46 per share
Related Questions
The Department of Customer Service's Accounting Division bases its budget request for the following year on the average of its actual
expenses for the previous four years. The division has both fixed costs, which remain the same year-to-year, and variable costs, which
fluctuate year-to-year. Each year's budget request is determined by adding the fixed costs for the current year to the average of the variable
costs for the previous four years. Below is a summary of the Accounting Division's fixed and variable costs for the years 2018 through 2021.
Answers
Variable costs change in share to aircraft usage, and encompass fuel and oil, preservation and crew costs.
Which apportion the charges from the provider departments to the manufacturing departments?(i) Direct Re-Distribution Method:
Under this method, the expenses of carrier departments are without delay apportioned to production departments barring taking into consideration any provider from one service branch to every other provider department.
The intention of the production price range is to make accessible enough extent of items and offerings as and when required with the aid of the income or advertising and marketing department. Like sales budget, the manufacturing budget have to also be organized for every sub-period of the overall budget period.
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https://brainly.com/question/29803686#SPJ1Q1. A manufacturing firm has discontinued production of a certain unprofitable product
line. This created considerable excess production capacity. Management is considering to
devote this excess capacity to one or more of three product 1,2 and 3. The available capacity
on the machines which might limit output are given below:
Machine type Available time
(in machine hours per week)
Milling
machine
250
Lathe 150
Grinder 50
The number of machine hours required for each units of the respective product is given
below;
Machine type Productivity (in machine hours/unit)
Product 1 Product 2 Product 3
Milling 8 2 3
Lathe 4 3 0
Grinder 2 0 1
The unit profit would be 20 birr, 6 birr and 8 birr for products 1,2 and 3. Find how much of
each product the firm should produce in order to maximise profit ? Solve the problem by
simplex method.
Answers
The simplex method is a linear programming technique used to find the maximum value of a linear objective function subject to constraints represented by linear equations or inequalities.
How do we use this method?Here's how you can solve this problem using the simplex method:
Formulate the problem as a linear program:
The objective is to maximize the total profit, which is given by 20x1 + 6x2 + 8x3, where x1, x2, and x3 are the number of units of products 1, 2, and 3, respectively. The constraints are the available machine time, which are:
8x1 + 4x2 + 2x3 <= 250 (milling machine)
3x1 + 3x2 <= 150 (lathe)
x3 <= 50 (grinder)
Create a simplex tableau:
The simplex tableau is a matrix used to keep track of the variables and the coefficients of the objective function and the constraints. The first row of the tableau is the objective function, the rest of the rows are the constraints. The last column is called the "result" column and contains the values of the variables and the objective function.
Choose a basic variable:
In the first iteration, we will choose x1 as the basic variable, since it is the only non-negative variable in the objective function. We will write x1 in terms of x2 and x3 using the first constraint:
x1 = (250 - 4x2 - 2x3)/8
Update the simplex tableau:
Substitute x1 in the objective function and in the rest of the constraints:
20 * (250 - 4x2 - 2x3)/8 + 6x2 + 8x3
3x2 <= 150
x3 <= 50
Check for optimality:
Check if all the coefficients in the objective function are non-negative. If so, the current solution is optimal and the problem is solved. If not, choose the next basic variable and repeat steps 3 and 4.
Repeat steps 3 to 5 until optimality is reached:
In the second iteration, we will choose x2 as the basic variable. Substitute x2 in the objective function and in the rest of the constraints, and check for optimality. Repeat this process until the coefficients in the objective function are non-negative, indicating that the solution is optimal.
The final solution will give the number of units of each product that the firm should produce in order to maximize profit.
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Imagine that your production team has an assignment due by the end of the week. It was brought to your attention that a few members of your team are not contributing to the project. As a leader, describe how you could use at least two different motivational techniques and strategies you learned in this unit to address the issue
Answers
The production team has an assignment due by the end of the week. As a leader, the strategies are make the deadline known to the general population, give attention to planning etc.
How would you motivate your team to be more productive under the earlier deadline?Employing techniques that encourage employees to act is necessary if you come across workers who consistently make promises to meet deadlines but never follow through.
By making a public announcement about a significant project that they should be working on, you may hold your employees more responsible.
If the completion of a project has the potential to significantly improve your organization, you cannot stand mediocrity.
Therefore, the production team has an assignment due by the end of the week. As a leader, the strategies are:
Make the deadline known to the general population.Give attention to planning etc. Examine potential issues and keep an open mind to solutions.To know more about the team and deadline, visit:
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How do you solve this
Answers
From the graph given, the Tax revenue produced for the government is not given in the option hence the correction option is "None of the Above" (Option F). See the explanation below.
What is the justification for the above answer?
Reference the attached Image.
From the graph presented, we know that the tax imposed by the government on the system is going to be the same as the section labelled AB.
Hence, the tax amount can be derived by executing the mathematical operation that states:
18 - 8
= $10
Hence, the tax imposed by the government is equal to $10.
It is to be noted that at this tax rate, the quantity demanded is 60
Note that the formula for calculating Tax Revenue is given as:
Tax Revenue = Tax Amount x Total Quantity
= 10 x 60
= $600
Hence, because this value is not given among the options presented, the correct answer according to the question is thus, "None of the Above" (Option F)
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One example of a job benefit is:
a) Salary
b) Uniforms and supplies
c) Health insurance
d) Flexible hours
Answers
Answer:
c
explanation:
Answer:
it would be C) health insurance.
Accounts receivable had a debit balance of $4,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. Credit sales for the period totaled $22,000. Using this information, cash receipts for the period totaled:
Answers
Answer: $20000
Explanation:
The cash receipt for the period based on the information that's given will be:
Opening balance of account receivable = $4000
Add: Credit sales = $22,000
Less : Closing balance of account receivable = $6,000
Cash receipt = $20000
who is she what’s her product and company??
Answers
Answer:Harpo Productions (or Harpo Studios) is an American multimedia production company founded by Oprah Winfrey and based in West Hollywood, California. It is the sole subsidiary of her media and entertainment company Harpo, Inc.
Explanation:
Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of 2021. During that time, he earned $44,000 of self-employment income. On April 1, 2021, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Incorporated From April through the end of the year, Kyle earned $178,000 in salary. What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year
Answers
The total amount of FICA Taxes (self-employment and employment related) that Kyle owes for 2021 is $17,181.
Data and Calculations:
Kyle = single taxpayer
Self-employment income for three months = $44,000
Employment income for nine months = $178,000
Total income for 2021 = $222,000
FICA taxes:
Social Security tax = $13,764 ($222,000 x 6.2%)
Medicare tax = $3,219 ($222,000 x 1.45%)
Additional Medicare tax = $198 ($22,000 x 0.9%) ($222,000 - $200,000)
Total FICA taxes = $17,181 ($13,764 + $3,219 + $198)
Thus, Kyle's total FICA taxes for 2021 is $17,181.
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A brown-eyed father and a green-eyed mother have a 25% chance of having a green-eyed child. What is the probability that, in a family of four children, three of them have green eyes?
a.0.421 875
c 0.011 718 75
b. 0046 875
d. 0.1875
Answers
Answer:t
Explanation:
QUESTION 4: PROGRESS REPORT On the 20th of April 2023, The campus manager, Mr Manoto, requested the secretary in the SRC office, to compile a report on the progress of the revival day planning. In your report tasks that are completed are invitations for special guests and booking of live performers; the task committee is still busy with finalizing the design of the banners and T-shirt and sports bottle printing. Due to overspending on budget, you still have not booked catering and security for the day. Your report must be in memo format.
Answers
A sample memo based on the given question prompt is given below:
The MemoMemorandum
To: Mr. Manoto, Campus Manager
From: SRC Office Secretary
Date: April 20th, 2023
Subject: Progress update for Revival Day planning
Esteemed Mr. Manoto,
Please find below a status report detailing advancements made in the preparations of the upcoming Revival Day ceremony. We have accomplished issuing invitations to prominent guests and securing prominent musical acts. Our committees are putting the finishing touches to banner design, T-shirt outfits, as well as customizing sport water bottles.
Conversely, budgetary concerns impede us from booking security or catering caterers essential for event operations. However, we are investigating ways to cut expenses while still delivering quality service. We will be prompt with updates about progress made through these alternative strategies.
Thank you for your kind ownership in this venture; rest assured that our team is steadfastly dedicated to ensuring an excellent Revival Day rally session.
Yours faithfully,
[Your name]
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SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.
Answers
Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.
A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.
What are business challenges?Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.
They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.
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Can anyone help??? pls
Answers
Please classify all variables as dependent, independent, moderating, extraneous (control or confounding) or intervening according to the following scenarios.
(1) The switch to commission from a salary compensation system will lead to increased sales per worker, especially more experienced workers.
(2) The switch to a commission compensation system will lead to higher sales by increasing overall compensation.
(3) A promotion campaign will increase savings activity, especially when free prizes are offered, but chiefly among smaller savers. The results come from enhancing the motivation to save.
Answers
There are many situations where different types of variables, such as dependent, independent, moderate, etc., can be noticed.
What kind of variables are there in the first situation?Commission-based sales per employee (which is independent in nature).
Salary commission, however, depends only somewhat.
Savings activity depends on the promotional effort while being independent.
An unnecessary variable is what?Any variable that your research study is not looking at but that could potentially have an impact on the dependent variable is considered an unnecessary variable. An extraneous variable known as a "confounding variable" is one that not only influences the dependent variable but also has a connection to the independent variable.
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Setting and achieving goals is essential to success.
a. True
b. False
Answers
Answer: True
Explanation:
The statement that "Setting and achieving goals is essential to success" is true.
When we set goals, it gives us a motivation for the short term and also a long term vision. Setting goals doesn't allow us to deviate from whatever we want to achieve. Our time and resources are dedicated towards achieving that set goal.
Local government officials would like to know if city residents are generally satisfied with the cleanliness of local
streets and recreation areas. To estimate the level of satisfaction, city officials appear on a local television morning
show, where residents are invited to share their satisfaction through an online poll. Which of the following
statements best describes the potential results from this poll?
Answers
Answer:
D. This is a voluntary response sample and is likely to underestimate the proportion of residents satisfied with the cleanliness of the area.
Explanation:
i took the quiz
This is a voluntary response sample and is likely to underestimate the proportion of residents satisfied with the cleanliness of the area.
What is survey ?A survey is a set of questions used in human subject research with the goal of gathering specific information from a certain population. Surveys can be carried out via the phone, by mail, online, at street corners, and even in shopping centers. Surveys are used to collect data or learn more in areas like demography and social research.
Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys might have narrow, focused objectives or they can have broad, more general objectives. In addition to being utilized to satisfy the more practical requirements of the media, such as evaluating political candidates, public health officials, professional organizations, and advertising and marketing directors, surveys are frequently employed by psychologists and sociologists to evaluate behavior.
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Dakota Coffee Company produces Columbian coffee in batches of 7,500 pounds. The standard quantity of materials required in the process is 7,500 pounds, which cost $6.00 per pound. Columbian coffee can be sold without further processing for $9.80 per pound. Columbian coffee can also be processed further to yield Decaf Columbian, which can be sold for $11.60 per pound. The processing into Decaf Columbian requires additional processing costs of $6,300 per batch. The additional processing will also cause a 5% loss of product due to evaporation.
Question Content Area
a. Prepare a differential analysis dated December 11 on whether to sell regular Columbian (Alternative 1) or process further into Decaf Columbian (Alternative 2). If required, use a minus sign to indicate a loss.
Answers
The differential analysis is attached accordingly. The workings are indicated below.
What is differential analysis?Differential analysis is a decision-making approach that analyzes the net effects of two alternatives by examining the advantages and costs associated with each. The option chosen has the greatest advantageous (or least adverse) financial impact.
To arrive at the figures in the differential analysis first we derive the Revenue from selling regular Columbian:
Recall that:
Revenue = Sales x Quanity Manufactured; hence
9.8 x 7500
= $73,500
Revenue from Decan Columbian:
11.6 x (95% x 7500)
= 11.6 x 7125
= $82, 650
Cost of selling regular Columbian
Cost = Cost x Units produced
= 6 x 7500
= $45,000
Compute the cost of selling Decaf Columbian
In this case, Cost = Product Cost + Cost of processing
= 45,000 + 6300
= $51,300
Hence the figures indicated in the differential analysis.
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______is a diversion tactic to avoid responsibilities.
a. Type A
b. Workaholism
c. Time juggler
d. Procrastinator
Answers
A procrastinator is an individual who employs diversion tactic to avoid reponsibilities rather than facing the activities needed to accomplish the responsibilities.
Who is a procrastinator?A procrastinator is a nonchalant individual that shows an unwillingness to do the needful and the rightful assignment or task at a required time. They do procrastinate by extending the time at which they are to perform a required task that needed to be done presently.
Procrastination is not ideal is a young adult because it makes you not take charge of your daily activities. Procrastination is an undisciplined traits that makes you not be goal oriented and all your day drive itself. It is important not to procrastinate and take charge of your activities.
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Sharpie Markers sells their markers directly to consumers for $2/marker.
Revenue: $500,000
Plastic: $200,000
Ink: $1,000
Advertising: $5,000
Overhead: $1,000
Depreciation: $25
Assume Sharpie wants to launch a “Holly Jolly” promotion, where they would discount their pens by 10%. How many more pens would they have to sell to justify this promotion from a contribution perspective?
A) 25.13% more pens
B) 20.08% more pens
C) None of the above, but I could find this answer with the info given
D) None of the above because I can't find the answer with the info given
Answers
The increase in pens that would be sold to justify this promotion from a contribution perspective is B. 20.08% more pens.
How to calculate the value?The revised contribution will be:
= 0.2 - 1.196 = 0.996
The amount sold to maintain contribution will be:
= 299000/0.996 = 300201
The increase in volume will be:
= 50201/250000 × 100
= 20.08%
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You can buy a television for $349 cash or pay $75 down and the balance in 18 monthly payments of $22.50. What is the installment price of the television? By what percent would the installment price be greater than the cash price?
Answers
If payment option
18x22.50=405 (balance) +75(down payment )= 480
A difference of 131
27.292% difference
Montana Industries has computed the following unit costs for the year just ended:
Variable manufacturing overhead $85
Fixed manufacturing overhead 20
Variable selling and administrative cost 18
Fixed selling and administrative cost 11
Which of the following choices correctly depict amounts included in the per-unit cost of inventory under variable costing and absorption costing?
a. Variable, $85; absorption, $105.
b. Variable, $85; absorption, $116.
c. Variable, $103; absorption, $116.
d. Variable, $103; absorption, $105.
e. None of the answers is correct.
Answers
Answer:
a. Variable, $85; absorption, $105.
Explanation:
The options that correctly depict amounts included in the per-unit cost of inventory under variable costing and absorption costing is:
i. Variable costing = Variable manufacturing overhead
Variable costing = $85
ii. Absorption costing = Variable manufacturing overhead + Fixed manufacturing overhead
Absorption costing = $85 + $20
Absorption costing = $105
Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,006,000 and sales for the year total $11,410,000.
A. The allowance account before adjustment has a debit balance of $13,600. Bad debt expense is estimated at 1/4 of 1% of sales.
B. The allowance account before adjustment has a debit balance of $13,600. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $43,500.
C. The allowance account before adjustment has a credit balance of $5,000. Bad debt expense is estimated at 3/4 of 1% of sales.
D. The allowance account before adjustment has a credit balance of $5,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $41,500.
Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above.
a. $
b. $
c. $
d. $
Answers
A. The allowance account before adjustment has a debit balance of $13,600. Bad debt expense is estimated at 1/4 of 1% of sales.
To be increased by $14,925
B. The allowance account before adjustment has a debit balance of $13,600. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $43,500.
To be increased by $29,900
C. The allowance account before adjustment has a credit balance of $5,000. Bad debt expense is estimated at 3/4 of 1% of sales.
To be increased by $80,575
D. The allowance account before adjustment has a credit balance of $5,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $41,500.
To be increased by $36,500
What is Bad Debts?Bad debts is the account that reduces the balance of the accounts receivable accounts, the bad debts is an expense account. These are the estimated amount of receivables that will not be received by the company and so is accounted as an expense and deducted from the net accounts receivable.
A. The allowance account before adjustment has a debit balance of $13,600. Bad debt expense is estimated at 1/4 of 1% of sales.
To be increased by $14,925 (($11,410,000 * 1% * 1 / 4 ) - $13,600)
(Sales * 1% * 1/4) - Debit balance of allowance account)
B. The allowance account before adjustment has a debit balance of $13,600. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $43,500.
To be increased by $29,900 ($43,500 - $13,600)
(Closing balance of doubtful account - opening balance)
C. The allowance account before adjustment has a credit balance of $5,000. Bad debt expense is estimated at 3/4 of 1% of sales.
To be increased by $80,575 ($11,410,000 * 1% * 3 / 4) - $5,000)
(Sales * 1% * 3/4) - Debit balance of allowance account)
D. The allowance account before adjustment has a credit balance of $5,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $41,500.
To be increased by $36,500 ($41,500 - $5,000)
(Closing balance of doubtful account - opening balance)
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1. Leslie Moore runs a hammock shop. She is set to markdown her existing stock of hammocks 60 percent since it is mid-September, and her summer
high-sales period is completed. The basic rope hammock is retail priced at $65.00. What would be her markdown dollar amount and her resulting sale
price?
Answers
Leslie Moore's markdown dollar amount will be $39 and her resulting sale price will be $26.
What is pricing strategy?Pricing strategy is known as the changing in price of a product or service according to the demand of the product or service in the market. When the demand for a said product is high the price for the product is increased and if the demand of a product is low then the price is reduced.
Leslie Moore runs a hammock shop and she have a pricing strategy according to which she is now willing to reduce the price by 60%. The amounts are calculated as sale price multiply by 60% the amount is the reduction in the sale price, the reduction amount is deducted from the sale price.
The calculation is shown below,
$65 * 60% = $39
$65 - $39 = $26
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how a teacher can use motivational strategies to control problem behavior in classroom give an example
Answers
The Earth’s mantle is made up of Tectonic plates that are forever moving as the Earth cools down. This happens over billions of years, and one of the most notable ones is around the Pacific rim where Earthquakes, (seismic activity) happens quite often
The Rift Valley in Ethiopia lies along the edge of the African Tectonic Plate, and continues down through parts of Somalia and into Kenya.
Just recently a rift opened up in Kenya, which seismologists seem to think is the pre-cursor of a major tectonic plate movement, splitting apart a part of Africa, which could include Ethiopia
Here are some strategies that can be used in the classroom to help motivate students:
Promote growth mindset over fixed mindset. Develop meaningful and respectful relationships with your students. Grow a community of learners in your classroom.Establish high expectations and establish clear goals. Be inspirational.An analyst has modeled the stock of Crisp Trucking using a two-factor APT model. The riskfree rate is 6%, the expected return on the first factor r1 is 12%, and the expected return on the second factor r2 is 8%. If bi1 0 7 and bi2 0 9, what is Crisp’s required return? Brigham, Eugene F.; Ehrhardt, Michael C.. Financial Management: Theory & Practice (p. 1011). Cengage Learning. Kindle Edition.
Answers
Answer: 12%
Explanation:
Using CAPM, the required return can be found.
required return = risk free rate + beta * market premium
Find the market premium for each factor;
First factor = Expected return - risk free rate
= 12% - 6%
= 6%
Second factor = 8% - 6%
= 2%
In this case each factor has its own beta and market premium so this will have to be accounted for in the CAPM formula as such;
= risk free rate + (beta for r1 * market premium r1) + (beta r2 * market premium r2)
= 6% + (0.7 * 6%) + (0.9 * 2%)
= 12%
Should you give personal identifying information to your employer?
A.
No, that information is private.
B.
Yes, they will need it to withhold taxes.
C.
No, that information should not be shared with anyone.
D.
Yes, the employer will share it with your next employer.
Answers
Answer: B.
Yes, they will need it to withhold taxes.
Explanation:
B. Yes, you should provide personal identifying information to your employer as they will need it to fulfill their legal obligations, such as withholding taxes from your paycheck. However, it is important to make sure that you only provide the necessary information and that your employer is taking appropriate measures to protect your personal data. It is also important to understand your rights and privacy protections under applicable laws and regulations.
What factors do you think differentiate good decision makers from poor ones?
Relate your answer to the six-step rational decision-making model.
Answers
Answer:
Effective decision-makers are distinguished from poor ones by several factors. Firstly, good decision-makers have the ability to gather and analyze information effectively. They can identify relevant information and take the necessary time to carefully evaluate and consider it before making a decision.
Another crucial factor is the capacity to think critically and objectively. Good decision-makers can analyze all sides of an issue, consider multiple perspectives, and detect biases or assumptions that may be influencing their thinking.
Using the six-step rational decision-making model is another skill of good decision-makers. They can identify the problem, gather information, identify alternatives, evaluate alternatives, choose the best alternative, and implement the decision. They move systematically through each step of the model, taking the necessary time to consider all options and weigh the potential outcomes before making a decision.
Lastly, good decision-makers can effectively communicate their decisions and the reasoning behind them to others. They can articulate their ideas clearly and persuasively and are open to feedback and are willing to consider different perspectives.
In conclusion, good decision-makers possess skills such as gathering and analyzing information, thinking critically and objectively, using a systematic decision-making model and communicating effectively with others. These abilities enable them to make well-informed and effective decisions that lead to positive outcomes.
Hope it helps! : )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
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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Suppose you took out a 15-year mortgage for $140,000, at an annual rate of 5%. After 5 years, the 15-year mortgage rate dropped to 2%, and you decided to refinance at this low interest rate. (a) how much remains to be refinanced on the second mortgage? (b) how much will your monthly payment be? (c) how much do you save (gain) by refinancing? (write the answer up to 2 decimal places .)
Answers
Answer:
a) $112,000
b) $541.67
c) $2,945.00
Companies usually buy (Click to select) assets. These include both tangible assets such as (Click to select) and intangible assets such as (Click to select) . To pay for these assets, they sell (Click to select) assets such as (Click to select) . The decision about which assets to buy is usually termed the (Click to select) or (Click to select) decision. The decision about how to raise the money is usually termed the (Click to select) decision.
Answers
Answer:
Now fit each of following terms into the most appropriate space: Financing, real, bonds, investment, executive airplanes, financial, capital budgeting, brand names.
Companies usually buy real assets. These include both tangible assets such as executive airplanes and intangible assets such as brand names. To pay for these assets, they sell financial assets such as bonds . The decision about which assets to buy is usually termed the investment or capital budgeting decision. The decision about how to raise the money is usually termed the financing decision.
Given integer variables seedVal, smallestVal, and greatestVal, output a winning lottery ticket consisting of three random numbers in the range of smallestVal to greatestVal inclusive. End each output with a newline.
Ex: If smallestVal is 30 and greatestVal is 80, then one possible output is:
65
61
41
how do I code this in c++?
Answers
If the user does not provide a seed value, the ctime library is used to seed the random number generator with the current time. This guarantees that the random numbers we receive are distinct each time the program is run.
What is meant by Ctime Library?The Ctime library is a library in the C++ programming language that furnishes capabilities for working with time and dates. Obtaining the current time, converting between various time formats, and performing arithmetic on dates and times are all supported by this application. Time and date values can be formatted and printed in a variety of ways using the Ctime library's functions. In general, it is a useful library for C++ programmers who must work with dates and times.
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