When an agreement for a labor contract has been reached before it becomes binding it occurs option b. it must be ratified by the union membership.
Ratification refers to the formal approval of the agreement by the union membership.
The agreement is presented to the members for a vote.
And if the majority of the members approve the agreement, it becomes binding on both parties.
Before the ratification process, the collective bargaining unit must have been identified.
And negotiations must have taken place between the union and the employer to reach the agreement.
However, the certification of the election by the National Labor Relations Board is only necessary.
When a union is seeking to represent employees for the first time, not after a labor contract has been reached.
Additionally, giving employees the chance to opt-out of unionization is not relevant in the context of ratifying a labor contract.
As the employees are already union members.
Therefore, for an agreement of a labour contract has been reached before binding it shows option (b) it must be ratified by membership.
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a company reported total stockholders' equity of $170,000 on its balance sheet dated december 31, 2018. during the year ended december 31, 2019, the company reported net income of $20,000, declared and paid a cash dividend of $4,000, declared and distributed a 10% stock dividend with a $5,000 total market value, and issued additional common stock for $40,000. what is total stockholders' equity as of december 31, 2019? group of answer choices $231,000. $221,000. $234,000. $226,000.
The total stockholders' equity as of December 31, 2019, is $231,000.
To calculate the total stockholders' equity as of December 31, 2019, we need to consider the changes in equity during the year 2019.
Starting with the reported stockholders' equity of $170,000 as of December 31, 2018:
The net income of $20,000 increases the equity.
The cash dividend of $4,000 decreases the equity.
The 10% stock dividend with a $5,000 total market value increases the equity, but it does not affect the retained earnings.
The issuance of additional common stock for $40,000 increases the equity.
Therefore, the total stockholders' equity as of December 31, 2019, can be calculated as follows:
$170,000 (Starting Equity)
$20,000 (Net Income)
$4,000 (Cash Dividend)
$5,000 (10% Stock Dividend)
$40,000 (Issuance of Additional Common Stock)
= $231,000
Hence, the total stockholders' equity as of December 31, 2019, is $231,000.
Therefore, the correct answer is: $231,000.
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what is the review period (t) rounded up to a whole number? (5 points)b. what is stock replenishment level with safety stock (m)? (5 points)c. how many units should be ordered?
The review period is 21, the stock replenishment level with safety stock (m) is 1,525 units, and the number of units that should be ordered is 1,125 units.
To calculate the review period (t), we need to divide the total time by the number of reviews per year;
t = 365 / R
t = 365 / 18
t = 20.28
Rounding up to the nearest whole number, the review period is 21.
To calculate the stock replenishment level with safety stock (m), we need to use the formula; m = d x (t + z)
where; d = daily demand = 25 units
t = review period = 21 days
z = safety stock = 40 units (given)
m = 25 x (21 + 40)
m = 1,525
Therefore, the stock replenishment level with safety stock (m) is 1,525 units.
To calculate the number of units that should be ordered, we need to use the formula; order quantity = (m - current inventory level)
where; m = stock replenishment level with safety stock = 1,525 units (calculated in part b)
current inventory level = 400 units (given)
order quantity = (1,525 - 400)
order quantity = 1,125
Therefore, the number of units that should be ordered is 1,125 units.
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the amount reported for fixed manufacturing overhead on the static budget is the same as the amount reported for fixed manufacturing overhead on the static budget is the same as allocated fixed overhead costs. actual fixed costs. total variable costs. flexible-budget fixed costs.
The amount reported for fixed manufacturing overhead on the static budget is the same as the amount reported for flexible-budget fixed costs.
A static budget is a projection of expected costs and revenues based on a single, predetermined level of activity. It is typically created at the beginning of a period and does not change as the actual level of activity changes.
Fixed manufacturing overhead costs are those that do not vary with changes in the level of activity, such as rent and property taxes. These costs are included in the static budget and do not change as the level of activity changes.
A flexible budget, on the other hand, adjusts for changes in the level of activity. The flexible-budget fixed costs include the fixed manufacturing overhead costs that are expected to be incurred at the actual level of activity.
Therefore, the amount reported for fixed manufacturing overhead on the static budget is the same as the amount reported for flexible-budget fixed costs, but it is not the same as the actual fixed costs or the total variable costs.
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a demand curve with a zero elasticity is perfectly group of answer choices inelastic and vertical. inelastic and horizontal. elastic and vertical. elastic and horizontal.
A demand curve with a zero elasticity is perfectly inelastic and vertical. So, the correct option is A.
Elasticity of demand is a measure of the responsiveness of quantity demanded to a change in price. When the elasticity of demand is zero, it means that a change in price does not affect the quantity demanded. In other words, the demand is perfectly inelastic.
A perfectly inelastic demand curve is a vertical line because the quantity demanded remains constant regardless of the change in price. This means that consumers are willing to pay any price for the same quantity of the good.
The vertical demand curve indicates that the price of the good does not affect the quantity demanded, and consumers have no substitutes to turn to.
An example of a good with a perfectly inelastic demand curve is life-saving medication. People will pay any price to obtain it, as there are no substitutes for it, and they cannot compromise on the quantity they need. Therefore, the demand curve for such goods would be a vertical line with zero elasticity.
Therefore, the correct option is A.
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hasan bought 10 shares of stock in a company two years ago. he feels like he hit the jackpot because the company has given him additional shares of stock at the end of four of the last five quarters. this additional stock can be best described as a multiple choice dividend. split. portfolio. commodity. diversification
Hasan bought 10 shares of stock in a company two years ago. The additional stock that he received at the end of four of the last five quarters can be best described as a dividend.
Stocks represent a fractional ownership interest in a corporation. Shareholders have a proportional claim on the assets and earnings of the company. The value of a stock varies based on the performance of the company.Dividends are payments made by a corporation to its shareholders, typically in cash or additional shares of stock. A dividend is a share of the company's earnings that is distributed to its shareholders. A stock split is a process where a company increases the number of outstanding shares by issuing more shares to its current shareholders.
The value of each share decreases after the split, but the total value of the shares owned remains the same. A portfolio is a collection of investments owned by an individual or an organization. It is intended to minimize risk and maximize returns.A commodity is a raw material or primary agricultural product that can be bought and sold, such as copper or coffee.Diversification is a strategy of investing in a variety of different assets in order to minimize risk. By diversifying your investments, you can reduce your exposure to any one asset or sector that might be performing poorly.
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what do we all the board members who are part of a company senior management team appointed by shareholdrs to provid management team
All members who are part of a company senior management team appointed by shareholders are responsible for providing management and leadership to the organization.
Senior management team members, who are appointed by shareholders, are responsible for overseeing and directing the overall strategy, operations, and performance of the organization. They are responsible for setting goals and objectives for the company, as well as implementing policies and procedures to achieve those goals.
They are also responsible for ensuring that the company is complying with all relevant laws and regulations, and for managing risk and ensuring the long-term sustainability of the organization.
-------The given question is incomplete, the complete question is:
"What do all members who are part of a company senior management team appointed by shareholders to provide?"--------
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most companies report their lower of cost or net realizable value write-down expense as blank even if the goods haven't been sold, because it's a necessary cost of carrying and (eventually) selling the goods. multiple choice question.
Most companies report their lower of cost or net realizable value write-down expense as Cost of Goods Sold even if the goods haven't been sold, because it's a necessary cost of carrying and (eventually) selling the goods.
In accounting, Lower of Cost or Net Realizable Value (LCNRV) is a term used to refer to the valuation of inventory. The cost of production or acquisition, as well as the net realizable value (NRV) of the product, are two of the most important factors to consider when determining this. The net realizable value of an item is the amount of money that it would fetch if it were sold now, minus any expenses that would be incurred if it were sold now. This is also known as a product's net value or its fair value. To avoid overvaluing inventory, the lower of cost or net realizable value technique is employed.
The write-down expense is usually recorded as an expense on the income statement, this expense, also known as an impairment charge, is accounted for by reducing the carrying value of the asset, such as inventory, which is no longer worth what it was initially paid for. When a company's cost of inventory is greater than its net realizable value, the write-down is necessary to reflect the inventory's reduced value on the balance sheet, and the reduced value is reflected as an expense on the income statement. So the correct answer is cost of goods sold.
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which of the following statements is true? economists believe that marginal tax rates have a greater influence on behavior than average tax rates. economists believe that neither marginal nor average tax rates have any influence on behavior. economists believe that average tax rates have a greater influence on behavior than marginal tax rates. economists believe that marginal and average tax rates influence behavior to the same extent.
The statement that is true is "economists believe that marginal tax rates have a greater influence on behavior than average tax rates." So, correct option is A.
Marginal tax rates refer to the tax rate applied to an additional dollar of income, while average tax rates refer to the total tax paid as a percentage of total income. Economists generally agree that marginal tax rates have a more significant impact on behavior than average tax rates.
This is because individuals make decisions based on the additional benefit or cost of their choices, known as marginal benefits and marginal costs.
When marginal tax rates are high, individuals may be less motivated to work additional hours or seek higher-paying jobs, as the additional income will be taxed at a higher rate, reducing the marginal benefit of working more.
Conversely, lower marginal tax rates can incentivize individuals to work more, increasing their income and overall economic output.
On the other hand, average tax rates are less influential in individual behavior because they reflect the total tax paid over a range of income levels, rather than the additional tax paid on each additional dollar of income.
Overall, economists generally agree that marginal tax rates have a more significant influence on behavior than average tax rates.
So, correct option is A.
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which of the following characteristics would you expect gardengrow to have? check all that apply. decision making in this company occurs lower in the chain of command, with product managers responsible for problem solving. by bringing employees together to make a single product, this company breaks down barriers between departments. functional departments within this company form silos, and there is little communication between them. certain functions within the company will be duplicated within each division.
The qualities that Gardengrow should have, based on the available options, are: In this organisation, decisions are made lower on the chain of command, with product managers in charge of finding solutions.
This business dissolves departmental borders by uniting workers to create a single product.
These two traits imply that Gardengrow is a decentralised company that values teamwork and gives its staff the freedom to take charge of their own decisions.
The business probably has a flat organisational structure with little red tape, enabling more rapid decision-making and flexible problem-solving techniques. This suggests that the business prioritises cross-functional cooperation and encourages teamwork among its staff in order to accomplish common objectives.
The third and fourth choices, on the other hand, imply that Gardengrow might have concerns with segregated departments and repeated tasks. This might lead to inefficiencies and communication hurdles across various company divisions. Yet, it is difficult to determine how much these problems might affect the company's overall performance without more context or information.
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for each of the following purchasing situations, a) determine the type of purchasing that is occurring: buying for resale, buying for transformation, or buying for business use. write your responses in the spaces provided. b) name the type of inventory asset finished goods or raw materials c) name the assets other than inventory
Purchasing a shipment of clothing for a retail store.
a) Type of purchasing: Buying for resale
b) Type of inventory asset: Finished goods
c) Assets other than inventory: Cash, store fixtures, and equipment
What are the purchasing situations?The three types of purchasing that are occurring are given below:
Buying for Resale: Buying the goods for resale to the customersBuying for Transformation: Buying the raw materials to transform them into finished productsBuying for Business Use: Buying goods for the business purposeFinished Goods and Raw Materials are the types of inventory assets.Assets other than inventory include the following:
Intangible Assets: These assets have no physical existence but carry value like goodwill, patents, copyrights, and trademarks.Property, Plant, and Equipment: Assets with physical existence like land, buildings, and machinery. These assets are used to produce goods or services.Liability: It is a debt to be paid in the future. They include wages payable, bank loans, and accounts payable.Learn more about purchasing situation at
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on january 1, 2019, stone co. acquired 8%, 5-year bonds of pebble inc. with a face value of $300,000 for $312,000. it plans to hold the bonds to maturity. interest is payable on june 30 and december 31. stone uses the straight-line method to account for amortization of the premium. how much should stone amortize on june 30, 2019? a.$12,000 b.$1,200 c.$6,000 d.$12,480
Stone Co. should amortize $1,200 on June 30, 2019, for the acquired 5-year bonds of Pebble Inc.. So, the correct answer is B. $1,200.
The question asks us to determine the amount Stone Co. should amortize on June 30, 2019, for the bonds it acquired from Pebble Inc. Here are the steps to calculate the amortization:
1. Determine the premium paid for the bonds: Purchase price ($312,000) - Face value ($300,000) = $12,000 premium.
2. Calculate the total number of interest payments: 5 years * 2 payments per year = 10 interest payments.
3. Divide the premium by the total number of interest payments to find the amortization per interest payment: $12,000 premium / 10 interest payments = $1,200 per interest payment.
So, Stone Co. should amortize $1,200 on June 30, 2019.
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the citizens of springfield love donuts. due to health concerns, the city has decided to make citizens responsible for paying a per donut tax of 50 cents. a. on the graph, please shift the appropriate curve to illustrate the effect of the tax. b. move the shaded region labeled tax revenue to the area of the graph representing tax revenues. c. what is the revenue generated from this excise or commodity tax (round to the nearest whole number)? tax revenue: $
The revenue generated from this per-donut tax would be $5,000, rounded to the nearest whole number.
This type of tax, known as an excise or commodity tax, is often used by governments to raise revenue by placing a tax on a specific good or service. In this case, the tax is designed to discourage citizens from consuming too many donuts due to health concerns, while also providing revenue to the city.
Assuming that 10,000 donuts are sold during the given period, the total tax revenue generated from this tax can be calculated by multiplying the number of donuts sold by the per-donut tax rate.
So, the tax revenue would be:
Tax revenue = number of donuts sold x per-donut tax rate
Tax revenue = 10,000 donuts x $0.50 per donut
Tax revenue = $5,000
Therefore, the revenue generated from this per-donut tax would be $5,000, rounded to the nearest whole number.
----------The given question is incomplete, the complete question is:
"The citizens of Springfield love donuts. due to health concerns, the city has decided to make citizens responsible for paying a per donut tax of 50 cents. 10,000 donuts are sold in a given period. What is the revenue generated from this excise or commodity tax (round to the nearest whole number)?"----------
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3. consider two hypothetical countries, one with low taxes and strong democratic institutions, and the other with relatively high taxes and very weak, if any, democratic institutions. which country would we expect to be more likely to grow faster?
Based on economic theories and empirical evidence, the country with low taxes and strong democratic institutions would be more likely to grow faster.
Low taxes tend to encourage investment and innovation, while strong democratic institutions provide stability and transparency in governance, which can attract foreign investment and promote economic growth. On the other hand, high taxes and weak democratic institutions can discourage investment and create an uncertain business environment, which can hinder economic growth.
There are several factors that can contribute to a country's economic growth, and both low taxes and strong democratic institutions can be important drivers of growth. Low taxes can encourage investment and entrepreneurship, which can in turn create jobs and stimulate economic growth. On the other hand, strong democratic institutions can promote political stability, transparency, and accountability, which can create a favorable environment for businesses to operate in and attract foreign investment.
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a manufacturer reports the following costs to produce 23,000 units in its first year of operations: direct materials, $23 per unit, direct labor, $19 per unit, variable overhead, $276,000, and fixed overhead, $322,000. of the 23,000 units produced, 22,100 were sold, and 900 remain in inventory at year-end. under absorption costing, the value of the inventory is:
The value of the inventory under absorption costing is $61,200.
Absorption costing is a method of costing in which all fixed and variable manufacturing costs are absorbed by the units produced. This means that the cost of a product includes not only the direct materials, direct labor, and variable overhead, but also a portion of the fixed overhead.
Using the information given in the question, we can calculate the total manufacturing cost per unit as follows:
Direct materials cost per unit = $23
Direct labor cost per unit = $19
Variable overhead cost per unit = $276,000 / 23,000 = $12
Fixed overhead cost per unit = $322,000 / 23,000 = $14
Total manufacturing cost per unit = $23 + $19 + $12 + $14 = $68
Now, to calculate the value of the inventory, we need to multiply the total manufacturing cost per unit by the number of units remaining in inventory at year-end. In this case, 900 units remain in inventory.
Value of inventory under absorption costing = 900 units × $68 per unit = $61,200
Therefore, the value of the inventory under absorption costing is $61,200. This value includes a portion of the fixed overhead cost, which is why absorption costing is sometimes referred to as full costing. It is important to note that under absorption costing, the cost of a product can vary depending on the level of production, as fixed overhead costs are spread out over the units produced. This can sometimes lead to distortions in product costs and make it difficult to accurately determine the profitability of a product.
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calistoga produce estimates bad debt expense at 0.30% of credit sales. the company reported accounts receivable and allowance for uncollectible accounts of $481,000 and $1,610, respectively, at december 31, 2020. during 2021, calistoga's credit sales and collections were $323,000 and $303,000, respectively, and $1,770 in accounts receivable were written off. calistoga's accounts receivable at december 31, 2021, are:
Calistoga produce estimates bad debt expense at 0.30% of credit sales. the company reported accounts receivable and allowance for uncollectible accounts.As December 31, 2021, Calistoga's accounts receivable totaled $506,230.
Let's first examine the transactions recorded in journals for the year as follows:
Debit Accounts Receivable of $331,000
Credit Sales revenue of $331,000 (To record credit sales during the year)
Remove Cash
$309,000
Credit Accounts Receivable: $309,000 (To record collection on account during the year)
$1,770
A deduction for a disputed account
Credit Accounts Receivable $1,770 (To record the year's write-off of Accounts Receivable)
The transactions above will have the following net impact on Accounts Receivable: $486,000 +\s$331,000- $309,000 - $1,770 = $506,230
Corrections to bad debt expense are as follows: $1,510 - $1,770 = $260 (debit) + 0.20% of $331,000 = $922.
Bad debt expense in debit
$922
Credit a provision for shady accounts (To record bad debt expense during the year)
0.20% of $331,000 equals $662 in the allowance for uncollectible accounts balance.
Accounts receivable's net cash realisable is $506,230 - $662, or $505,568.
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the crater manufacturing company recorded overhead costs of $14,182 at an activity level of 4,200 machine hours and $8,748 at 2,300 machine hours. the records also indicated that overhead of $9,730 was incurred at 2,600 machine hours. what is the variable cost per machine hour using the high-low method to estimate the cost equation?
The variable cost per machine hour is $2.217.
The high-low method uses the highest and lowest levels of activity to estimate the variable and fixed components of the cost equation. First, to determine the variable cost per machine hour using the high and low points:
Variable cost per machine hour = (Total cost at high point - Total cost at low point) / (High activity level - Low activity level)
Variable cost per machine hour = ($14,182 - $8,748) / (4,200 - 2,300) = $2.217 per machine hour
The variable cost per machine hour and one of the data points (either the high or low point) to calculate the fixed cost:
Fixed cost = Total cost - (Variable cost per machine hour × Activity level)
Fixed cost = $14,182 - ($2.217 × 4,200) = $4,630.4
Fixed cost = $8,748 - ($2.217 × 2,300) = $3,069.3
Calculate the total cost at the third data point (2,600 machine hours) using both fixed costs and compare it to the actual total cost:
Total cost at 2,600 machine hours = $2.217 × 2,600 + $4,630.4 = $10,817.4
Using the low fixed cost:
Total cost at 2,600 machine hours = $2.217 × 2,600 + $3,069.3 = $9,723.3
Actual total cost at 2,600 machine hours = $9,730
The calculation using the low fixed cost is closest to the actual total cost, so can use the following cost equation:
Total cost = $2.217 × Activity level + $3,069.3
Therefore, the variable cost per machine hour would be $2.217.
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banker county has outstanding $5 million of term bonds that bear interest at 6% payable semiannually each january 30 and july 30. the county s fiscal year-end is 12/31. on december 28, 2006, the county transferred $300,000 to the debt service fund. at december 31, the maximum amount the debt service fund may recognize as interest expenditure is
The maximum amount the debt service fund may recognize as interest expenditure at December 31 would be $150,000 ($5,000,000 x 6% x 6/12).
This is because the county's fiscal year-end is December 31, and the interest payment dates are January 30 and July 30. Therefore, the interest expense recognized for the fiscal year ended December 31, 2006, would only include the interest accrued for the period from July 30, 2006, to December 31, 2006.
The transfer of $300,000 to the debt service fund on December 28, 2006, would be recorded as a cash inflow for the fund but would not affect the amount of interest expenditure recognized for the fiscal year ended December 31, 2006. The $300,000 transfer would be used to pay the interest due on January 30, 2007, and reduce the outstanding bond principal.
Thus, the maximum amount of interest expenditure recognized by the debt service fund for the fiscal year ended December 31, 2006, would be based on the interest accrued for the six months ending December 31, 2006, which is calculated as $150,000.
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under what conditions are both capacity planning using overall factors (cpof) and capacity bills likely to return the same same capacity requirement results? question 5 options: when planning a single product when planning a single work center when planning for a single product that is product in a single work center the two methods will never return the same results
Both capacity planning using overall factors (CPOF) and capacity bills are likely to return the same capacity requirement results "when planning a single product that is produced in a single work center" (Option A).
Capacity planning is the procedure of determining the production capacity required by an organization to fulfill the demands of its customers. It entails analyzing and evaluating the organization's present and future business demands and operational capacity. Capacity planning enables the organization to make informed choices about whether to expand or shrink its capacity, such as investing in new technology, acquiring new equipment, or hiring additional staff.
Thus, option A is the correct answer.
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two sisters dresses has net working capital of $43,800, net fixed assets of $232,400, net income of $43,900, and current liabilities of $51,300. the tax rate is 21 percent and the profit margin is 9.3 percent. how many dollars of sales are generated from every $1 in total assets?
For every $1 in total assets, Two Sisters Dresses generates $0.159 in sales
We can use the DuPont equation to calculate the return on assets (ROA), which will tell us how many dollars of sales are generated from every $1 in total assets:
ROA = Net income / Total assets
Total assets = Net working capital + Net fixed assets
First, we can calculate the net income:
Net income = Profit margin x Sales
Sales = Net income / Profit margin = $43,900 / 0.093 = $471,505.38
Next, we can calculate the total assets:
Total assets = Net working capital + Net fixed assets = $43,800 + $232,400 = $276,200
Finally, we can calculate the ROA:
ROA = Net income / Total assets = $43,900 / $276,200 = 0.159
Therefore, for every $1 in total assets, Two Sisters Dresses generates $0.159 in sales
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with disability income insurance an insurance company may limit the monthly benefit amount a prospective policy holder may obtain because
With disability income insurance, an insurance company may limit the monthly benefit amount a prospective policy holder may obtain because of factors such as the applicant's income or occupation.
This is because the insurance company only provides benefits that are proportionate to the applicant's income or occupation in an effort to reduce its financial risk.
The applicant's age, health, and other characteristics may also be taken into account by the insurance company when calculating the monthly benefit amount because they can all have an impact on the applicant's disability income insurance.
Overall, it is important to carefully review the terms and conditions of any disability income insurance policy before signing up for coverage.
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fedex corp. stock ended the previous year at $109.39 per share. it paid a $0.60 per share dividend last year. it ended last year at $112.69. if you owned 350 shares of fedex, what was your dollar return and percent return?
With stock ended the previous year at $109.39 per share, paid a $0.60 per share dividend last year that ended last year at $112.69, and owned 350 shares of FedEx, the dollar return will be $1,033 and a percent return is 2.67% (approximately).
How to calculate dollar return and percent return?Stock price at the end of the previous year = $109.39
Dividend paid last year = $0.60
Stock price at the end of last year = $112.69
Number of shares owned = 350
1. Find the total dividend paid last year.
It is given as $0.60 per share, and the number of shares owned is 350. Hence, Total dividend paid last year = $0.60 × 350= $210
2. Calculate the total value of the shares owned at the end of the previous year.
The total value of shares owned at the end of the previous year = Stock price at the end of the previous year × Number of shares owned= $109.39 × 350= $38,384.5
3. Calculate the total value of the shares owned at the end of last year.
The total value of shares owned at the end of last year = Stock price at the end of last year × Number of shares owned= $112.69 × 350= $39,417.5
To calculate the dollar return, we find the difference between the total value of the shares owned at the end of last year and the previous year.
Dollar return = Total value of shares owned at the end of last year - Total value of shares owned at the end of the previous year= $39,417.5 - $38,384.5= $1,033
So, the dollar return is $1,033.
To calculate the percent return, we divide the dollar return by the initial investment and multiply the result by 100. Percent return = (Dollar return / Initial investment) × 100
Where, Initial investment = Total value of shares owned at the end of the previous year + Total dividend paid last year= $38,384.5 + $210= $38,594.5
Now, let's calculate the percent return.
Percent return = (Dollar return / Initial investment) × 100= ($1,033 / $38,594.5) × 100≈ 2.67%
Therefore, the dollar return is $1,033, and the percent return is approximately 2.67%.
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terry has a costume shop in a commercial building. he has a one-year lease that automatically renews for another year unless either terry or the landlord terminates. what type of leasehold estate is this?
Terry has a periodic estate in this scenario. A periodic estate is a leasehold estate in which a tenant rents for a certain period of time and then renews the lease after the time has passed.
A periodic estate is a leasehold estate where a tenant rents for a certain amount of time and then renews the lease after that time has passed.
The lease can be for a month or a year, and it will last until either the tenant or the landlord ends it.
Either party can end the lease at any time by giving the right notice to the other party.
In this case, this means that Terry has a periodic estate.
A leasehold estate is an agreement between a lessor (landlord) and a lessee (tenant) that lets the lessee use the property in exchange for rent for a certain amount of time, called a term.
The lease spells out both parties' rights and responsibilities during the term. It also says how long the lease will last.
Depending on the agreement, a leasehold estate is usually either a tenancy for years, a periodic tenancy, or a tenancy at will.
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during a swot analysis, sweet treats identifies a growing number of local businesses now offering bakery items to customers. this finding would be characterized as a(n)
During a SWOT analysis, the finding that there is a growing number of local businesses offering bakery items to customers would be characterized as a threat to Sweet Treats' business.
An increasing number of local companies providing bakery items to customers would be identified as a danger to Sweet Treats' company during a SWOT analysis. This means that greater market rivalry may result in a loss of market share or a decrease in income for Sweet Treats.
To attract and keep customers, the company may need to explore methods to differentiate itself from rivals or offer unique goods or services. Sweet Treats could also consider collaborating with other companies to gain a competitive edge or expanding into new markets to increase its client base.
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which of the following loans will likely be available to pay for college expenses for the children of parents with an adverse credit history and high debt-to-income ratio? 1. parent plus loan. 2. heloc. 3. life insurance cash value loan. 4. 401(k) loan. a)1 and 2. b)1 and 3. c)3 and 4. d)1, 2, 3, and 4.
The loan likely to be available to pay for college expenses for the children of parents with an adverse credit history is a)1 and 2. Parent plus and Heloc.
A loan occurs when one party pledges to repay another party's money with interest. Regardless of their credit background, parents of dependent college students may qualify for Parent PLUS loans, which are government loans. Parents may borrow up to the full cost of attendance, less any other financial assistance obtained, with a set interest rate on these loans.
The house equity lines of credit, or HELOCs, are a form of loan where the borrower's house wealth is used as security. They can be applied to many different costs, including education costs. Some people might have access to life insurance cash value loans and 401(k) loans, but they might not be the greatest option for covering education costs.
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the main disadvantage of using a franchising strategy to pursue opportunities in foreign markets is multiple choice maintaining quality control. diverting company resources from the daily business. paying taxes and tariffs in order to be able to enter. bearing costs and risks of foreign establishments. giving up autonomy and profit.
The main disadvantage of using a franchising strategy to pursue opportunities in foreign markets is giving up autonomy and profit.
When a company uses a franchising strategy, it gives up control over certain aspects of its operations to the franchisee, including the ability to make decisions about how products and services are marketed and sold. This can lead to a loss of brand identity and a decrease in overall profitability. Additionally, the franchisor may need to provide significant training and support to the franchisee in order to maintain quality control, which can be costly and divert resources from the company's daily operations. While paying taxes and tariffs and bearing the costs and risks of foreign establishments are also potential disadvantages of pursuing opportunities in foreign markets, they are not specific to the franchising strategy.To know more about franchising
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private equity capital is the umbrella term for investment, typically through funds, in assets not available on public markets true false
"Private equity capital is the umbrella term for investment, typically through funds, in assets not available on public markets." The statement is True.
Private equity capital refers to the funds invested in assets that are not available on the public markets.
These funds are typically managed by professional firms and are raised from institutional investors such as pension funds, insurance companies, and other financial institutions.
Private equity investments are generally made in companies that are not yet public, or those that are seeking to be delisted from public markets, or in those that are financially struggling.
Private equity funds tend to have a long-term investment horizon, typically five to seven years or more.
Their ultimate goal is to sell the assets for a profit, either through a sale or an initial public offering (IPO).
Therefore, the given statement "Private equity capital is the umbrella term for investment, typically through funds, in assets not available on public markets." is true.
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if you have a $192,000, 30-year, 5 percent mortgage, how much of your first monthly payment of $1,032 would go toward principal?
The first monthly payment of $ 1,032 would go toward interest and principal. $232 of the first monthly payment would go towards principal.
Your interests are the things that you like to do and the things that you prefer to learn about. of curiosity. When something is interesting, it keeps your interest and piques your curiosity: There was not much of interest discussed. The cost of borrowing money is known as interest in the financial context. For instance, if you borrow money from a bank, you will be charged interest.
The formula to calculate the monthly payment for a mortage is:
P[tex]=[c(1+c)^{n}]/[(1+c)^{n}-1][/tex]
[tex]=192000[0.004167(1+0.004167)^{360}]/[(1+0.004167)^{360}-1][/tex]= $1,028.61
Principal=Payment-Interest
Principal=$1,032-($192,000*0.004167)= $1,032- $800 = $232
So, first monthly payment of would go toward principal is $232.
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budgeting and protection of revenues is a function of:budgeting and protection of revenues is a function of:leadership.management.team leadership.followers.
Budgeting and protection of revenues is a function of management.
What is Budgeting? Budgeting is a process of planning and organizing an organization's financial resources. It involves forecasting the organization's future financial needs, assessing its current financial position, and identifying measures to improve its financial performance.
What is Protection of Revenues? Protection of revenue entails implementing policies and procedures to safeguard the company's financial resources against fraud and abuse. It aims to establish internal controls and risk management measures to detect and prevent financial crimes that could damage the company's reputation, reduce profitability, or lead to legal or regulatory sanctions.
What is Management? Management is the process of planning, organizing, directing, and controlling an organization's resources to achieve its goals and objectives. It includes coordinating people, processes, and systems to achieve the organization's objectives efficiently and effectively.
Management involves managing the organization's financial resources, human resources, marketing, operations, and other functions to achieve the desired outcomes. Therefore, budgeting and protection of revenues are functions of management.
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which of the following statements regarding an immediate annuity is not correct? a)an immediate annuity is funded with a single payment. b)an immediate annuity has a long accumulation period. c)an immediate annuity must make its first payment within 12 months from the purchase date. d)a single premium immediate annuity is designed to make its first benefit payment to the annuitant at the first payment after a delay of 1 payment interval from the date of purchase.
The statements regarding an immediate annuity is not correct is option (b) an immediate annuity has a long accumulation period.
The statement that is not correct regarding an immediate annuity is b) an immediate annuity has a long accumulation period. An immediate annuity does not have an accumulation period as it is funded with a single payment, and the payments begin immediately, typically within 12 months of purchase.
An immediate annuity is designed to provide regular income payments to the annuitant for a specified period or for the rest of their life. The statement that a single premium immediate annuity is designed to make its first benefit payment to the annuitant at the first payment after a delay of 1 payment interval from the date of purchase (d) is correct.
Therefore, the correct option is (b) an immediate annuity has a long accumulation period.
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which of the following is not a reason to use the simplified format for your business message? group of answer choices you do not know the name of the person that will be reading your message. the message is going to a group of people you want to emphasize the name of the person receiving the message.
The simplified format for a business message is designed to be clear and concise, which can be beneficial in many situations. However, there are certain cases where this format may not be appropriate.
For example, if you want to emphasize the importance of the recipient, using a more formal or detailed format may be more appropriate. Additionally, if you know the name of the person who will be reading the message, it can be helpful to include it in the greeting or opening sentence to add a personal touch.
On the other hand, if you do not know the name of the recipient or the business message is going to a group of people, the simplified format can still be effective in delivering your message clearly and efficiently.
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