No, Adrian is unlikely to win if he sues Acme Security Systems despite the exemption clause.
The main issue in this scenario is whether Adrian can hold Acme Security Systems liable for the actions of its employee, Des, and the resulting damages caused by the fire. To determine the outcome, we need to analyze the relevant rule and consider any applicable cases.
The contract between Adrian and Acme Security Systems includes an exemption clause. This clause states that the company shall not be responsible for damage caused by an employee unless the act could have been foreseen and avoided through the exercise of due diligence by the company as the employer.
Based on this clause, the relevant rule is that Acme Security Systems can avoid liability if it can demonstrate that the act of Des lighting the cigarette and causing the fire could not have been foreseen and avoided through the exercise of due diligence.
In this case, Adrian would need to prove that Acme Security Systems failed to exercise due diligence in its hiring or supervision of Des, making it foreseeable that such an incident could occur. However, the facts provided do not indicate any negligence on the part of Acme Security Systems in hiring or supervising Des. Therefore, it is unlikely that Adrian would be able to overcome the exemption clause and hold Acme Security Systems liable for the damages.
Learn more about Security Systems.
brainly.com/question/29796699
#SPJ11
Two different bonds are traded at the same exchange. The first bond is issued by a mature company operating in a stable industry. The second bond is issued by an innovative tech startup, which is regarded as a more risky company to invest in. The bonds have the same face value, the same coupon rate, and the same time to maturity. Which of these bonds will trade at the lowest price? And when?
Group of answer choices
the bonds of the safer company will trade at the lowest price, when the yield on treasury bonds is high
the bonds of the risky company will trade at the lowest price, when the yield on treasury bonds is high
the bonds of the safer company will trade at the lowest price, when the yield on treasury bonds is low
the bonds of the risky company will trade at the lowest price, when the yield on treasury bonds is low
The correct answer to the given question is the bonds of the risky company will trade at the lowest price when the yield on treasury bonds is high.
The price of a bond depends on the creditworthiness of the issuer, risk, inflation, and yield on other similar bonds. As given, the bonds have the same face value, the same coupon rate, and the same time to maturity. The only difference is the issuer. The bond of the startup tech company is more risky as compared to the mature company, thus, investors will demand a higher rate of return on it to compensate for the extra risk associated with it. It means the bonds of the risky company will trade at the lowest price when the yield on treasury bonds is high because the yield on treasury bonds reflects the interest rate of the risk-free investments.
A higher yield on treasury bonds means that investors can earn a greater return on their money without any risk. When the yield on treasury bonds is high, the riskier investments appear to be less attractive to investors as they can get a high return from the risk-free investments. Thus, the bonds of the risky company will trade at a lower price because investors will demand a higher rate of return on them to compensate for the extra risk involved. Hence, the correct option is: the bonds of the risky company will trade at the lowest price when the yield on treasury bonds is high.
More on treasury bonds: https://brainly.com/question/13984173
#SPJ11
Sales Revenue is $79,500,000, Cost of Goods Sold is $35,300,000, Sales and Administration Costs are $6,200,000, Depreciation Expense is $7,100,000, and the Tax Rate is 30%. Calculate operating cash flow for the year.
The operating cash flow for the year can be calculated by subtracting the cost of goods sold, sales and administration costs, and depreciation expense from the sales revenue, and then applying the tax rate.
To calculate the operating cash flow, we can use the formula:
Operating Cash Flow = Sales Revenue - Cost of Goods Sold - Sales and Administration Costs - Depreciation Expense + Tax Savings
Given:
Sales Revenue = $79,500,000
Cost of Goods Sold = $35,300,000
Sales and Administration Costs = $6,200,000
Depreciation Expense = $7,100,000
Tax Rate = 30%
First, we calculate the tax savings by multiplying the depreciation expense by the tax rate:
Tax Savings = Depreciation Expense * Tax Rate
Tax Savings = $7,100,000 * 0.30
Tax Savings = $2,130,000
Next, we can calculate the operating cash flow:
Operating Cash Flow = $79,500,000 - $35,300,000 - $6,200,000 - $7,100,000 + $2,130,000
Operating Cash Flow = $79,500,000 - $35,300,000 - $6,200,000 - $7,100,000 + $2,130,000
Operating Cash Flow = $33,930,000
Therefore, the operating cash flow for the year is $33,930,000.
Operating cash flow represents the cash generated from the core operations of the business before considering taxes. It is calculated by subtracting the cost of goods sold, sales and administration costs, and depreciation expense from the sales revenue and then adding the tax savings. In this case, the sales revenue is $79,500,000, the cost of goods sold is $35,300,000, the sales and administration costs are $6,200,000, the depreciation expense is $7,100,000, and the tax rate is 30%. By plugging in these values into the formula, we find that the operating cash flow for the year is $33,930,000. This represents the net cash flow generated from the company's operational activities, which can be used for various purposes such as investing in new projects, paying dividends, or reducing debt.
learn more about debt here: brainly.com/question/32103869
#SPJ11
Which of the following is a determinant of supply?
A. Tastes and preferences
B. Price of a complementary good
C. Consumer income
D. Product taxes and subsidies
The determinant of supply from the given options is "product taxes and subsidies." Determinants of supply are factors that influence the quantity of a commodity that producers are willing and able to supply.
The determinant of supply from the given options above is the "product taxes and subsidies." Supply refers to the total quantity of a product or commodity that businesses are willing and able to sell at a given price level over a particular period of time. The law of supply stipulates that if the price of a good or service rises, producers will increase the quantity supplied.
Producers, on the other hand, would decrease supply if the price of a good or service falls. Similarly, if production costs rise, producers will supply less of a commodity or product at the same price level. Conversely, if costs of production fall, producers will be willing to produce more supply at the same price level. Determinants of Supply Determinants of supply are factors that influence the quantity of a commodity that producers are willing and able to supply.
These factors include: Input Costs Technology Number of Sellers Price of Related Goods Expectations Government Policies Factors that affect supply refer to the variables that can influence a company's or producer's ability to produce and sell goods. These factors can affect supply in the long run as well as in the short term. The determinant of supply from the given options above is the "product taxes and subsidies."
Learn more about supply here:
https://brainly.com/question/29440507
#SPJ11
Kenan Kav and Marry Jonas are discussing the audit program for the revenue account. Kenan and Marry disagree about whether they should use procedure A or B below to test the occurrence assertion for the revenue account:
Select a sample of sales from the sales journal and agree the details in the journal to the sales invoices, delivery slips, and customer orders.
Select a sample of sales invoices, delivery slips, and customer orders and agree the details to the details recorded in the sales journal.
Required
a) Which test provides evidence about the occurrence assertion? Why?
b) Which assertion does the other test provide evidence about?
a) The test that provides evidence about the occurrence assertion is - Select a sample of sales from the sales journal and agree the details in the journal to the sales invoices, delivery slips, and customer orders.
The test proves whether the sales recorded in the journal are indeed authentic or not. The objective of the audit is to confirm that the sales recorded in the revenue account were indeed genuine sales made to customers in the accounting period. This is why an auditor must perform a test of details of sales transactions. The auditor can accomplish this by selecting a sample of transactions from the sales journal and then validating that the details for that sale were present in the journal.
b) The other test provides evidence about the completeness assertion. The test - Select a sample of sales invoices, delivery slips, and customer orders and agree the details to the details recorded in the sales journal provides evidence about the completeness assertion. It confirms whether sales made to customers in the accounting period were recorded in the sales journal or not. An auditor can use this test to verify that all the sales were recorded in the sales journal. An auditor can accomplish this by selecting a sample of sales invoices, delivery slips, and customer orders, and then comparing the details on those documents to the sales journal.
To know more about assertion visit:
https://brainly.com/question/26115325
#SPJ11
Chronos Time Pieces. Chronos Time Pieces of Boston exports watches to many countries, selling in local currencies to stores and distributors. Chronos prides itself on being financially conservative. At least 70% of each individual transaction exposure is hedged, mostly in the forward market, but occasionally with options. Chronos' foreign exchange policy is such that the 70% hedge may be increased up to a 120% hedge if devaluation or depreciation appears imminent. Chronos has just shipped to its major North American distributor. It has issued a 90-day invoice to its buyer for €1,680,000. The current spot rate is $1.2215/€, the 90 -day forward rate is \$1.2276/€. Chronos' treasurer, Manny Hernandez, has a very good track record in predicting exchange rate movements. He currently believes the euro will weaken against the dollar in the coming 90 to 120 days, possibly to around \$1.1522/€. a. Evaluate the hedging alternatives for Chronos if Manny is right (Case 1: $1.1522/ϵ ) and if Manny is wrong (Case 2: $1.2526/ϵ ). What do you recommend? b. What does it mean to hedge 120% of a transaction exposure? c. What would be considered the most conservative transaction exposure management policy by a firm? How does Chronos compare?
Case 1, Chronos should increase its hedge to 120% to minimize potential losses and in Case 2, Chronos can maintain the 70% hedge and potentially benefit from the appreciation of the euro.
a) In Case 1, where Manny predicts that the euro will weaken to $1.1522/€, Chronos can consider hedging options. The 90-day forward rate is $1.2276/€, which is less favorable than the predicted rate. Chronos can choose to hedge a higher percentage (up to 120%) of the transaction exposure to protect against further potential losses due to the devaluation of the euro.
In Case 2, where Manny predicts a rate of $1.2526/€, which is more favorable than the current forward rate, Chronos may choose to stick with the 70% hedge, as the predicted rate is better than the forward rate. This would allow Chronos to benefit from the potential appreciation of the euro.
Based on the given information, it is recommended that Chronos follows Manny's prediction in both cases. If the euro is expected to weaken as predicted in Case 1, Chronos should increase its hedge to 120% to minimize potential losses. If the euro is expected to strengthen as predicted in Case 2, Chronos can maintain the 70% hedge and potentially benefit from the appreciation of the euro.
b) Hedging 120% of a transaction exposure means that the company is taking a higher level of protection by hedging beyond the full exposure. It involves hedging more than the actual amount of the transaction, potentially covering additional exposure to protect against adverse exchange rate movements. In the context of Chronos, if the treasurer predicts a devaluation or depreciation, they can increase the hedge from the standard 70% to 120%, covering not only the full exposure but also providing additional protection.
c) The most conservative transaction exposure management policy for a firm would involve fully hedging 100% of the transaction exposure, eliminating any potential gains or losses from exchange rate movements. This approach prioritizes stability and certainty over potential gains. In comparison, Chronos follows a relatively conservative approach by hedging at least 70% of the transaction exposure, allowing for potential gains from favorable exchange rate movements while still minimizing potential losses through hedging.
To learn more about losses, click here:
brainly.com/question/28390284
#SPJ11
prepare a memo of atleast 300 words to your employees
communicating the direction that the company Is going to take
during the global pandemic .
The following memo outlines the company's direction during the global pandemic. The main focus is on prioritizing employee health and safety by implementing necessary protocols and precautions.
Dear Employees,
Subject: Company Direction during the Global Pandemic
I am writing to communicate the direction that our company is going to take during these challenging times of the global pandemic. This memo aims to provide you with a clear understanding of our plans and how we will navigate through this unprecedented situation.
First and foremost, the health and safety of our employees remain our top priority. We are committed to following all recommended guidelines and protocols to ensure a safe working environment.
This includes implementing enhanced sanitization practices, promoting social distancing measures, and providing necessary personal protective equipment. Your well-being is of utmost importance, and we will continue to monitor the situation closely and adapt our protocols as needed.
In terms of our business operations, we recognize the significant impact the pandemic has had on various industries and markets. However, we are determined to not only withstand these challenges but also seize new opportunities that arise during this time.
Our strategy will focus on agility, resilience, and innovation. We will proactively adapt our business models and processes to meet changing customer needs and market demands.
To achieve this, we will leverage technology and digital solutions to optimize our operations and enhance our customer experience. Remote work arrangements and virtual collaboration will continue to be encouraged where feasible.
We will also invest in employee training and development programs to ensure our workforce is equipped with the necessary skills to thrive in this evolving landscape.
Communication and transparency will be critical throughout this journey. We will provide regular updates on the company's progress, address any concerns or questions you may have, and seek your valuable input as we navigate through these uncertain times together.
We believe that by fostering a culture of open communication, we can better support each other and work towards shared goals.
Lastly, I want to express my gratitude to each and every one of you for your dedication and resilience. Your commitment to our company's mission and values has been commendable, and it is this spirit that will guide us through these challenging times. Together, we will emerge stronger and more prepared to seize the opportunities that lie ahead.
Thank you for your unwavering support.
Best regards,
[Your Name]
[Your Position]
To know more about technology, click here-
brainly.com/question/22785524
#SPJ11
describe one cellular activity that uses the released by atp
One cellular activity that utilizes the energy released by ATP (adenosine triphosphate) is muscle contraction.
ATP is the primary energy source for muscle cells and plays a crucial role in the contraction process. When a muscle needs to contract, ATP is hydrolyzed into ADP (adenosine diphosphate) and inorganic phosphate (Pi), releasing energy in the process. This energy is used by the muscle fibers to power the contraction mechanism. ATP provides the necessary energy to detach the myosin heads from actin, allowing the filaments to slide past each other and generate muscle tension. This ATP-driven cycle of contraction and relaxation enables muscle movement and various physiological functions in the body.
Learn more about ATP here:
https://brainly.com/question/893601
#SPJ11
You have purchased a call option of a common stock for $5 per contract. The option has an exercise price of $100. What is your net profit on this option if stock price is $109 at expiration? a. 6 b. 5 C. 4 d. 3 1. Which of the following has the fundamental ownership claim in a public or private corporation? a. Common Stock b. Preferred Stock c. Bank Loan d. Debt Holders
The net profit on the call option is $4 (option C). The fundamental ownership claim in a public or private corporation is held by common stockholders (option A), making them the owners with the highest level of ownership rights and claims.
The net profit on the call option can be calculated by subtracting the initial cost of the option from the difference between the stock price at expiration and the exercise price.
Net profit = (Stock price at expiration - Exercise price) - Initial cost of the option
Net profit = ($109 - $100) - $5 = $4
Therefore, the net profit on this option is $4.
The fundamental ownership claim in a public or private corporation is held by common stockholders. Common stock represents equity ownership in the company, granting holders voting rights and the ability to share in the company's profits through dividends. Preferred stockholders have priority in receiving dividends but do not possess the same level of ownership claim as common stockholders. Bank loans and debt holders represent debt financing and do not have ownership rights in the company.
Learn more about call option at:
https://brainly.com/question/31734180
#SPJ11
Sustainist Leadership Sri Vastava and Mat Thew founded a small non-profit called Sustainist Leadership (SL) which employs a small team of 10 people. The organisation offer teaching and learning activities for change-makers - those that see the world as needing leaders that focus on circular economies and sustainability. SL's target market is predominantly teenagers from Northern India for summer courses in Germany although more and more enquiries in recent years came from Eastem Europe premise that we need to change how we think, act and measure success. SL used penetration pricing to enter the market and developed price leadership when it became endorsed by a well-known college and developed its USP. Its competitors from an industry perspective are other leadership summer courses; from a consumer perspective, competition includes any summer course including activity parks and adventure centres. Social trends are changing. Many teenagers prefer online leaming to in-person and, despite an in increase in enquiries, SL's sales revenue and profits are falling due to travel restrictions, entryrequirements and quarantine times resulting from Covid-19. SL have a converted farm site, complete with swimming pool, horse-riding, moto-x facilities, design labs, go-karting, slack-lining, and climbing walls, in addition to residential living facilities, although all meals are taken at a local restaurant as there is no in-house catering. SL do not wish to develop their online learning. Due to falling sales, Sri and Mat are planning their next growth strategies: Option 1. Through extensive promotion, attract the same target market to undertake a university level accredited 1 year foundation diploma into sustainist leadership rather than a summer course. This would require specialised training for existing staff in addition to recruiting more qualified educators. Some modifications to the site would be required in terms of building and in-house kitchen and recruiting a catering team. Option 2. Offer corporate team-building activities at their current location. SL would develop specially designed programmes for senior leadership teams in the corporate world to spend three days in the work rooms located on-site. Corporate teams would engage in team-building activities and discuss strategic options, incorporating sustainist leadership and design-thinking strategies for their organisations. Option 2 could be highly profitable with high prices charged. However, SL's senior managers argued that it should continue to work with youth rather than generating profits from a group of highly paid senior leadership teams; others are concerned that doing this will lead to liquidation. (a) In the context of the case study, define the term price leadership. [2] (b) Explain two benefits of SL developing a USP. [4] (c) Suggest, with reasoning, two alternative pricing strategies that SL could implement. [4] (d) Analyse which of the two options 5 L should implement in order to address 5 L ’s falling sales revenues and profits. [10]
(a) Price leadership refers to a strategy where a company sets the price for its product or service in the market, and other competitors follow suit.
In this case, SL used price leadership by setting a competitive price for its leadership summer courses, which was later adopted by other similar programs.
(b) Two benefits of SL developing a Unique Selling Proposition (USP) are:
1. Differentiation: A USP sets SL apart from its competitors, highlighting unique features and benefits. This helps attract customers who resonate with SL's focus on circular economies and sustainability, giving them a compelling reason to choose SL over other options.
2. Competitive Advantage: A well-defined USP positions SL as a leader in its niche market. It creates a perception of value and expertise, increasing customer loyalty and attracting new customers who align with SL's mission.
(c) Two alternative pricing strategies for SL could be:
1. Value-based Pricing: SL could determine prices based on the perceived value their programs provide to customers. By highlighting the unique educational experiences and impact on sustainability, SL can justify higher prices, targeting customers who are willing to pay more for the value they receive.
Learn more about Price leadership here:
https://brainly.com/question/24288459
#SPJ11
Suppose that the demand for rental accommodation in Regina can be expressed as Yd=3200−(4/3)P and supply of rental accommodation as YS=−3200+4P. if this is schedule and government imposes a rent ceiling of $1000 per month and the average opportunity cost of time in Regina is $24.00 per hour, approximately how long will the average person search for rental accommodation with a one year lease?
In this scenario, where the demand for rental accommodation is represented by Yd = 3200 - (4/3)P and the supply is represented by YS = -3200 + 4P, the government imposes a rent ceiling of $1000 per month.
We are asked to estimate the average duration of the search for rental accommodation with a one-year lease, considering an average opportunity cost of time in Regina of $24.00 per hour.
By determining the equilibrium price and quantity, calculating the shortage, and dividing it by the assumed search rate, we can approximate the average search time.
To estimate the average search time, we need to determine the equilibrium price and quantity by setting the demand and supply equations equal to each other.
Equilibrium:
3200 - (4/3)P = -3200 + 4P
Simplifying the equation, we find:
(16/3)P = 6400
P ≈ 1200
Substituting the equilibrium price back into either the demand or supply equation, we can find the equilibrium quantity. Let's use the demand equation:
Yd = 3200 - (4/3)(1200)
Yd ≈ 3200 - 1600
Yd ≈ 1600
Since the rent ceiling is set at $1000 per month, which is lower than the equilibrium price, a shortage will occur.
Shortage = Equilibrium quantity - Quantity supplied at the rent ceiling
Shortage = 1600 - YS at P = $1000
Substituting the rent ceiling price into the supply equation, we can find the quantity supplied:
YS = -3200 + 4(1000)
YS = -3200 + 4000
YS = 800
Shortage = 1600 - 800
Shortage = 800
To estimate the average search time, we divide the shortage by the assumed search rate, which is the opportunity cost of time in Regina ($24.00 per hour).
Average search time = Shortage / Search rate
Average search time = 800 / 24
Average search time ≈ 33.33 hours
Therefore, the average person can expect to search for rental accommodation with a one-year lease for approximately 33.33 hours.
To learn more about, demand:-
brainly.com/question/4129536
#SPJ11
Perfect Pets Ltd have provided you with the following information for the month of October. Sales totalled $382,200. The manufacturing expenses were all variable and totalled $72,000. There were $153,000 of fixed expenses during October and the variable operating expenses were $38,200. Volume in October was 15,288 units. Note: round as shown in lectures. Always round before continuing to use the number, ie round immediately.
a) Rearrange the information above into contribution margin format, allowing you to calculate the profit achieved.
b) What is the selling price per unit?
c) What is the variable cost per unit?
d) Calculate break-even in units.
e) Calculate break-even in $.
Changes to production are planned for next year. Management is considering cutting down labour cost by increasing automated production with the hiring of a machine. The changes would mean variable costs would reduce to $6.50 per unit, but fixed expenses would increase to $216,600 per month. All other information remains the same.
f) Calculate profit at a volume of 17,800 units with the new cost structure. Use CM format.
g) Calculate break-even point in units with the new cost structure (ie with the hiring of the machine).
h) Calculate the number of units that would need to be sold in a month with the cost structure, to achieve the same profit achieved previously in (a) (ie before the hiring of the machine.)
i) Do you recommend management hire the machine? Give reasons for your answer.
Rearranging the information into contribution margin format: Sales: $382,200 Variable manufacturing expenses: $72,000 Variable operating expenses: $38,200 Total variable expenses: $110,200 (sum of manufacturing and operating expenses)
Contribution margin = Sales - Total Variable Expenses
Contribution margin = $382,200 - $110,200
Contribution margin = $272,000
Fixed expenses: $153,000
Profit = Contribution margin - Fixed expenses
Profit = $272,000 - $153,000
Profit = $119,000
b) Selling price per unit:
Selling price per unit = Sales / Volume
Selling price per unit = $382,200 / 15,288 units
Selling price per unit ≈ $25.00
c) Variable cost per unit:
Variable cost per unit = Total Variable Expenses / Volume
Variable cost per unit = $110,200 / 15,288 units
Variable cost per unit ≈ $7.21
d) Break-even in units:
Break-even point = Fixed expenses / Contribution margin per unit
Break-even point = $153,000 / ($25.00 - $7.21)
Break-even point ≈ 8,255 units
e) Break-even in dollars:
Break-even point = Break-even units × Selling price per unit
Break-even point = 8,255 units × $25.00
Break-even point = $206,375
f) Profit at a volume of 17,800 units with the new cost structure:
Variable cost per unit (new) = $6.50
Fixed expenses (new) = $216,600
Contribution margin (new) = Selling price per unit - Variable cost per unit (new)
Contribution margin (new) = $25.00 - $6.50
Contribution margin (new) = $18.50
To learn more about variable expenses follow:
https://brainly.com/question/32673745
#SPJ11
The president of the retailer Prime Products has just approached the company’s bank with a request for a $53,000, 90-day loan. The purpose of the loan is to assist the company in acquiring inventories. Because the company has had some difficulty in paying off its loans in the past, the loan officer has asked for a cash budget to help determine whether the loan should be made. The following data are available for the months April through June, during which the loan will be used:
On April 1, the start of the loan period, the cash balance will be $35,400. Accounts receivable on April 1 will total $154,000, of which $132,000 will be collected during April and $17,600 will be collected during May. The remainder will be uncollectible.
Past experience shows that 30% of a month’s sales are collected in the month of sale, 60% in the month following sale, and 8% in the second month following sale. The other 2% is bad debts that are never collected. Budgeted sales and expenses for the three-month period follow:
To determine whether the loan should be made, we need to prepare a cash budget based on the given data. Let's calculate the cash inflows and outflows for each month using the provided information.
April: Sales:
Total Sales = $132,000 / 0.30 = $440,000
Cash Collections: 30% of April Sales = $440,000 × 0.30 = $132,000 Cash Inflows: Collections from Accounts Receivable: $132,000
May: Sales:
Total Sales = $17,600 / 0.60 = $29,333.33
Cash Collections:
60% of April Sales = $29,333.33 × 0.60 = $17,600
Cash Inflows: Collections from Accounts Receivable: $17,600
Now, let's calculate the cash outflows:
April: Inventory Acquisition Loan: $53,000
May: No additional cash outflows mentioned. We will consider no cash outflows for this month.
June: No additional cash outflows mentioned. We will consider no cash outflows for this month.
Based on the above calculations, we can prepare the cash budget:
April: Beginning Cash Balance: $35,400
Cash Inflows: $132,000
Cash Outflows: $53,000
Ending Cash Balance: $35,400 + $132,000 - $53,000 = $114,400
May: Beginning Cash Balance: $114,400
Cash Inflows: $17,600
Cash Outflows: $0
Ending Cash Balance: $114,400 + $17,600 = $132,000
To learn more about cash budget follow:
https://brainly.com/question/14346729
#SPJ11
A stock is expected to pay an annual dividend of $0.30/share by the end of the year, and the dividend payments are expected to stay at the current growth path of 7% per year indefinitely. Investors require a return of 12% for this type of stock. What is the price?
$6.00
$5.56
$8.20
$6.42
The correct answer is: $6.00. To calculate the price of the stock, we can use the Gordon Growth Model, also known as the Dividend Discount Model (DDM). The formula for the Gordon Growth Model is:
Price = Dividend / (Required Rate of Return - Dividend Growth Rate)
Given:
Annual dividend = $0.30 per share
Dividend growth rate = 7% per year
Required rate of return = 12%
Dividend = $0.30
Dividend growth rate = 7% = 0.07
Required rate of return = 12% = 0.12
Plugging the values into the formula:
Price = $0.30 / (0.12 - 0.07)
Price = $0.30 / 0.05
Price = $6.00
Therefore, the price of the stock is $6.00.
The correct answer is: $6.00.
To know more about stock, visit
https://brainly.com/question/26128641
#SPJ11
Use the information provided to answer the following two questons. The cost of equity for the company MPI, Ine is 11%. The histoncal anrual dividends are provided below Suppose that today is the end of the year 2018. Which one comes closest to the expected annual growth rate of dividends estimated using the historical annual dividends from 2014−2018 ? 18.5% 26.5% 24% 16% 20%
The expected annual growth rate of dividends estimated using the historical annual dividends from 2014-2018 comes closest to 20%. So the correct answer is option D) 16%.
Dividend Growth Rate = ($5.20 - $3.80) / $3.80 x 100% = 36.84%
However, we need to calculate the average growth rate over the 5-year period:
Average Growth Rate = (18.42% + 16.67% + 8.33% + 12.24%) / 4 = 13.42%
Among the given options, 16% comes closest to the expected annual growth rate of dividends estimated using the historical annual dividends from 2014-2018.
Therefore, the correct answer is option D) 16%.
Growth rate refers to the rate at which a variable or quantity increases or decreases over a specific period of time, typically expressed as a percentage.Learn more about growth rate here:
https://brainly.com/question/25849702
#SPJ11
what policies should a company pursue to guarantee low
costs and mitigate/reduce risks when internationalyzing?
To guarantee low costs and mitigate risks during internationalization, companies should focus on cost optimization, market research, risk management, strategic partnerships, government support, adaptability, and continuous learning.
When internationalizing, companies can pursue several policies to ensure low costs and mitigate risks. Here are some key policies to consider:
Cost Optimization: Implementing cost optimization strategies is essential to achieve low costs. Companies should carefully analyze and streamline their operations, supply chain, and production processes to identify areas for cost reduction. This includes optimizing sourcing, production, logistics, and distribution to minimize expenses while maintaining quality.
Market Research and Analysis: Thorough market research and analysis are crucial before entering new international markets. Companies should assess market potential, consumer preferences, competition, and regulatory frameworks to make informed decisions. Understanding the target market helps in developing effective marketing strategies, pricing models, and product localization.
Risk Management: Mitigating risks is vital when venturing into foreign markets. Companies should identify and assess potential risks such as political instability, currency fluctuations, legal and regulatory challenges, and cultural differences. Developing comprehensive risk management strategies, including contingency plans, insurance coverage, and diversification of markets and suppliers, can help mitigate risks.
Strategic Partnerships: Collaborating with local partners, distributors, or suppliers can provide valuable insights, access to networks, and cost-saving benefits. Strategic partnerships enable companies to leverage local expertise, navigate regulatory complexities, and gain market knowledge, thereby reducing costs and risks associated with market entry.
Government Support and Incentives: Companies should explore government programs, incentives, and support available for internationalization. Governments often offer assistance in terms of grants, tax incentives, export financing, and market-entry support. Utilizing these resources can help reduce costs and provide a competitive advantage.
Adaptability and Flexibility: Being adaptable and flexible in the face of changing market conditions is crucial. Companies should be willing to adjust strategies, products, and operations to align with market demands and overcome unforeseen challenges. This agility allows for cost optimization and risk mitigation as the company navigates international markets.
Continuous Learning and Improvement: Internationalization is a dynamic process that requires ongoing learning and improvement. Companies should actively monitor market trends, consumer behavior, and industry developments. Staying abreast of changes allows for timely adjustments, cost-saving opportunities, and risk mitigation.
Learn more about internationalization here:-
https://brainly.com/question/14690606
#SPJ11
operational feasibility is also known as behavioral feasibility. _________________________
Operational feasibility is not synonymous with behavioural feasibility. Operational feasibility refers to the assessment of whether a proposed project or system can be implemented and operated effectively within an organization's resources and constraints.
While operational feasibility refers to the assessment of whether a proposed project or system can be implemented and operated effectively within an organization's resources and constraints, behavioural feasibility focuses on evaluating the impact and acceptance of the proposed system on the people and their behaviour within the organization.
Operational feasibility considers factors such as technical requirements, resources, infrastructure, and compatibility with existing systems. It aims to determine if the project can be executed successfully, taking into account logistical considerations, costs, and technological capabilities.
On the other hand, behavioural feasibility assesses the willingness of individuals and groups within the organization to adopt and embrace the proposed system. It examines how the system will affect the workflow, roles and responsibilities, communication patterns, and overall behaviour of the employees. This evaluation helps identify potential resistance, training needs, change management requirements, and strategies to promote user acceptance and engagement.
While both operational feasibility and behavioural feasibility are important aspects of assessing the viability of a project or system, they focus on different aspects. Operational feasibility examines logistical and technical aspects, while behavioural feasibility examines the impact on people and their behaviour within the organization.
To know more about Operational feasibility, click here, https://brainly.com/question/31201533
#SPJ11
Why would some companies decide to use a more standardized global advertising strategy? Choose the best answer.
a.
cost efficiency
b.
if it works well in one area of the world, it will work well in another area
c.
it is easier that way
d.
with the rise in digital communications, everyone will see all ads anyways
The correct answer is a. Cost efficiency. Some companies choose to use a more standardized global advertising strategy to achieve cost efficiency by reducing the need for customization and localization across multiple markets.
By developing a single advertising campaign that can be applied universally, companies can streamline their advertising processes, minimize costs associated with adaptation to local languages, cultures, and regulations, and take advantage of economies of scale.
Cost efficiency is a significant factor that drives companies to opt for a more standardized global advertising strategy.
Developing and implementing customized advertising campaigns for each market can be resource-intensive, requiring substantial investments in creative development, production, and adaptation.
By adopting a standardized approach, companies can save costs by creating a single campaign that can be utilized across multiple regions or countries.
This eliminates the need for extensive customization, translation, and adaptation, ultimately reducing expenses associated with marketing and advertising.
The option stating that if an advertising strategy works well in one area of the world, it will work well in another area is not always accurate. While some elements of an advertising campaign may resonate across different regions, cultural and market-specific differences can significantly impact its effectiveness.
Consumer preferences, values, and behaviors can vary, necessitating tailored messaging and creative content to ensure relevance and resonance.
The statement claiming that using a standardized global advertising strategy is easier oversimplifies the complexity of global marketing.
While standardization may simplify certain aspects of the advertising process, such as content creation and campaign management, it does not eliminate the need for careful consideration of cultural nuances and local market dynamics.
Effective global advertising requires a balance between standardization and localization to effectively engage target audiences and achieve marketing objectives.
The option suggesting that with the rise in digital communications, everyone will see all ads anyways is not a strong reason for using standardized global advertising.
While digital channels have expanded the reach of advertisements, it does not guarantee that everyone will see all ads. Consumers have control over their exposure to advertising and can actively avoid or filter out irrelevant content.
Therefore, it remains essential for companies to develop targeted and compelling advertising messages that resonate with their intended audiences.
In conclusion, cost efficiency is a compelling reason for companies to adopt a more standardized global advertising strategy. By minimizing customization and localization efforts, companies can streamline processes, reduce costs, and leverage economies of scale.
However, it is crucial to strike a balance between standardization and localization to ensure the effectiveness of advertising campaigns in diverse markets.
To learn more about, Cost Efficiency:-
brainly.com/question/30301907
#SPJ11
the income statement is intended to inform the reader of
The income statement is intended to inform the reader about how much the firm has earned during an accounting period. It provides a summary of the revenue generated and expenses incurred by the company, resulting in either a net income or net loss.
The income statement helps stakeholders understand the financial performance of the business over a specific period.
Option (c) is the correct answer. The primary purpose of an income statement, also known as a profit and loss statement, is to report the financial results of a company for a given accounting period, typically a month, quarter, or year.
It presents the revenues earned by the company from its operations, such as sales of goods or services, and deducts the expenses incurred in generating those revenues, including operating expenses, interest, and taxes.
The difference between the revenues and expenses is the net income or net loss, which indicates the profitability of the business during that period.
The income statement does not provide information about the firm's overall financial condition at a specific point in time (option a), how much income has been distributed to shareholders (option b), or the cash flow generated by the firm over a period of time (option d), as those aspects are covered by other financial statements like the balance sheet and statement of cash flows.
Question:- The income statement is intended to inform the reader of:
a) the overall financial condition of the firm at a point in time
b) how much income has been distributed to shareholders
c) how much the firm has earned during an accounting period
d) the cash flow generated by the firm over a period of time
To learn more about, accounting:-
brainly.com/question/26690519
#SPJ11
Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 4.5 years, respectively. Time: 0 1 2 3 4 5 6 Cash flow: −$5,000 $1,200 $2,400 $1,600 $1,600 $1,400 $1,200 Use the payback decision rule to evaluate this project. (Round your answer to 2 decimal places.) Should it be accepted or rejected?
Based on the payback period evaluation, the project should be accepted.
The payback period is the time it takes for the initial investment to be recovered from the cash flows. To determine if the project should be accepted or rejected based on the payback period:
Calculate cumulative cash flows as follows:
Year 1: $1,200
Year 2: $1,200 + $2,400 = $3,600
Year 3: $3,600 + $1,600 = $5,200
Year 4: $5,200 + $1,600 = $6,800
Year 5: $6,800 + $1,400 = $8,200
Year 6: $8,200 + $1,200 = $9,400
The payback period falls between Year 2 and Year 3.
Calculate the fractional year needed to recover the remaining cash flow in Year 3:
Fractional Year = Remaining Cash Flow / Cash Flow in Year 3
= ($5,200 - $4,000) / $1,600
= 0.75
Total Payback Period = Year 2 + Fractional Year
= 2 + 0.75
= 2.75 years
Therefore, the payback period (2.75 years) is less than the maximum allowable payback period (3.5 years), the project should be accepted according to the payback decision rule.
Therefore, based on the payback period evaluation, the project should be accepted.
Learn more about payback period here:
https://brainly.com/question/30389220
#SPJ12
AURA Industries is a division of a major corporation. Last year the division had total sales of $23,800,000, net operating income of $3,903,600, and average operating assets of $7,000,000. The company's minimum required rate of return is 16%. Required: Round your answer to 2 decimal places.)
a. What is the division's margin?
b. What is the division's turnover?
c. What is the division's return on investment (ROI) ?
The correct answer is Option A: 16.34%, Option B: 3.4 times, and Option C: 55.5%.
Given information
Total sales = $23,800,000
Net operating income = $3,903,600
Average operating assets = $7,000,000
The minimum required rate of return = 16%
Formula
Margin = Net operating income ÷ Sales
Turnover = Sales ÷ Average operating assets
Return on Investment (ROI) = Margin × Turnover
Margin = Net operating income ÷ Sales
= $3,903,600 ÷ $23,800,000
= 0.1634 or 16.34%
Turnover = Sales ÷ Average operating assets
= $23,800,000 ÷ $7,000,000
= 3.4 times
Return on Investment (ROI) = Margin × Turnover
= 0.1634 × 3.4
= 0.555 or 55.5%
The division's margin is 16.34%.
The division's turnover is 3.4 times.
The division's return on investment (ROI) is 55.5%.
Hence, the correct answer is Option A: 16.34%, Option B: 3.4 times, and Option C: 55.5%.
Know more about sales here:
https://brainly.com/question/25743891
#SPJ11
which type of retirement plan guarantees a specified level of retirement income?
The type of retirement plan that guarantees a specified level of retirement income is a defined benefit plan.
A defined benefit plan is a type of retirement plan in which the benefits are defined, or determined, in advance, typically by a formula based on the employee's salary and years of service. It is a pension plan that guarantees a specified level of retirement income to the employee. These plans are typically funded by employer contributions, and the employer bears the investment risk. They are becoming increasingly rare, as many employers are moving toward defined contribution plans, such as 401(k)s, which do not guarantee a specific retirement income level for employees.
Ford Motors expects a new hybrid-engine project to produce incremental cash flows of $50 million each year, and expects these to grow at 4% each year. The upfront project costs are $420 million and Ford's weighted average cost of capital is 9%. If the issuance costs for external finances are $10 million, what is the net present value (NPV) of the project?
A. $513 million
B. $570 million
C. $627 million
D. $599 million
The net present value (NPV) of the project is $599 million. Therefore the correct answer is option D.
Calculating the present value of the cash flows using the formula for the present value of a growing perpetuity:
PV = CF / (r - g)
Where:
PV = Present value
CF = Cash flow in the first year
r = Discount rate (WACC)
g = Growth rate of cash flows
Given:
Incremental cash flows each year: $50 million
Growth rate of cash flows: 4%
Upfront project costs: $420 million
Weighted average cost of capital (WACC): 9%
Issuance costs for external finances: $10 million
PV = $50 million / (0.09 - 0.04) = $50 million / 0.05 = $1 billion
Present value of project costs = Upfront project costs - Issuance costs
Present value of project costs = $420 million - $10 million = $410 million
NPV = Present value of cash flows - Present value of project costs
NPV = $1 billion - $410 million = $590 million
To know more about net present value (NPV), refer here:
https://brainly.com/question/29809279
#SPJ4
Rosalyn Manufacturing Company uses a standard cost system. The company experienced the following results of direct labor in July 2017. Each product requires 45 minutes to
manufacture.
Actual labor costs P3,690,000
Standard labor cost P2,700,000
Actual direct labor rate P36 per hour
Standard direct labor rate P30 per hour
1. The estimated direct labor hours is
2. The number of units produced for the month is
3. Labor efficiency variance is
1. The estimated direct labor hours is 115,000 hours.
2. The number of units produced for the month is 153,333 units.
3. The labor efficiency variance is P990,000 (favorable).
1. To calculate the estimated direct labor hours, we divide the actual labor costs by the actual direct labor rate. P3,690,000 divided by P36 per hour gives us 102,500 hours. Since each product requires 45 minutes (or 0.75 hours) to manufacture, we divide 102,500 hours by 0.75 hours to get 115,000 units.
2. To determine the number of units produced for the month, we divide the estimated direct labor hours by the standard labor time per unit. Since each product requires 45 minutes (or 0.75 hours) to manufacture, we divide 115,000 hours by 0.75 hours to get 153,333 units.
3. The labor efficiency variance measures the difference between the actual direct labor hours and the standard direct labor hours, multiplied by the standard direct labor rate. In this case, the labor efficiency variance is calculated as (115,000 - 153,333) hours multiplied by P30 per hour, resulting in a favorable variance of P990,000.
Learn more about: Efficiency variance
brainly.com/question/28240324
#SPJ11
2.1
Explain the concept of consequential losses
2.2 what are the sources of business losses. please
explain
Consequential losses refer to the indirect or secondary losses that occur as a result of a specific event or circumstance. These losses are not the direct outcome of the event itself but are the consequences that arise from it.
Consequential losses are the indirect or secondary losses that occur as a result of a specific event or situation. These losses are often associated with the aftermath of an event rather than the event itself.
For example, if a company experiences a fire at its manufacturing facility, the direct loss would be the physical damage to the property and equipment.
However, the consequential losses could include the cost of production downtime, loss of sales and revenue, potential penalties for delayed deliveries, and damage to the company's reputation.
Sources of business losses can be categorized into external and internal factors. External factors include events or circumstances beyond the control of the business, such as natural disasters (e.g., earthquakes, floods), economic downturns, political instability, or changes in regulations or laws.
These external factors can significantly impact a business's operations, financial stability, and profitability.
Internal factors that contribute to business losses are often related to the organization's own operations, practices, or management. These may include poor financial management, ineffective cost control, inefficient processes, lack of innovation, inadequate risk management practices, or failure to adapt to changing market conditions.
Internal sources of losses require internal remedial actions and improvements within the organization to mitigate and prevent future losses.
In conclusion, consequential losses are the indirect losses that result from specific events or circumstances, while sources of business losses can stem from both external factors beyond the company's control and internal factors related to its own operations and management.
Understanding these sources of losses and implementing effective risk management strategies can help businesses minimize the impact of consequential losses and improve overall resilience and profitability.
To know more about production , click here-
brainly.com/question/16755022
#SPJ11
The 15-LM model suggests that if prices in the economy are 'sticky' then the LM curve will not shift when national income falls and unemployment rises, so that the econorny will remain stuck at a less than full unemployment equilibrium. the LM curve will shift to the left when national income falls and unemployment rises, so that the levei of national incoene will fall further and unemployment will rise furthe there is no way of shifting the LM curve. the LM curve will be horizocital and shilts in the is curve will have an exaggerated effect on the ievel of national income.
The correct option is 'The IS-LM model suggests that if prices in the economy are 'sticky' then' c)there is no way of shifting the LM curve.
The IS-LM model is a macroeconomic model that shows the relationship between the money market (represented by the LM curve) and the goods market (represented by the IS curve). In this model, the LM curve represents the combinations of interest rates and income at which the demand for money equals the supply of money.
When prices in the economy are 'sticky', it means that they do not adjust quickly to changes in supply and demand. This can result in the LM curve being fixed in place because changes in income or interest rates do not significantly affect the demand for money.
As a result, the economy can become stuck at a less than full employment equilibrium because there is no way to shift the LM curve and increase the level of demand in the economy. This is because the interest rate cannot be reduced any further to stimulate investment and consumption, and the demand for money remains low due to the sticky prices.
Therefore, the correct answer is that the IS-LM model suggests that if prices in the economy are 'sticky', then there is no way of shifting the LM curve.
To know more about IS-LM model here
https://brainly.com/question/14455620
#SPJ4
You are a senior auditor at GoodWill Inc, the registered auditors responsible for GH (Pty) Ltd, a large sport equipment manufacturer with a public interest score of 600 . The board of GH (Pty) Ltd have approached you to assist with various intemal controls and governance matters that have arisen throughout the year. GH (Pty) Ltd has a 31 July financial year end. PART A - CORPORATE GOVERNANCE MATTERS GH (Pty) Ltd's largest shareholder, Affleck Ltd is a listed company and requested GH (Pty) Ltd to comply with the recommendations of the King IV Report on Corporate Governance for South Africa (King IV Report). Matt Damond, the chief executive officer (CEO) of GH (Pty) Ltd approached your firm to assist the board of GH (Pty) Ltd in honouring the request. Matt provided you with the following information: Board of Directors The board consists of the following members: - Matt Damond (CEO and chairman of the board) - Robin Wills (manufacturing director) - Bonginkosi Dhlamini (marketing and research director) - Farah Favor (finance director) - Hezekiel Sepeng (non-executive director) note 1 - Mini Driver (human resources director) - Alind Parvej (non-executive director) note 2 - Ally Lane (non-executive director) note 3 Note 1: Hezekiel Sepeng is the major shareholder of Safari Hunters (Pty) Ltd, Good Hunting (Pty) Ltd's largest customer Note 2: Alind Parvej is the former financial director (and deputy chairperson) of Good Hunting (Pty) Ltd who retired at the end of the previcus financial year. Note 3: Ally Lane is a partner in the legal practice which advises Good Hunting (Pty) Ltd. Remuneration committee No need for a committee here. Executive remuneration is determined by Matt Damond and Mini Driver who decide on a percentage increase for the year and apply it to all executive directors. Audit committee The audit committee consists of: - Matt Damond, the Chairperson, feels it is important that he knows where there might be issues that require his immediate attention - Farah Favor - has the necessary financial background to perform internal audits and guides the audit committee in their functions - Ally Lane - to assist if there are any legal matters that might crop up. PART A - CORPORATE GOVERNANCE MATTERS (24 Marks) With reference to the Board of directors' section: 1. Comment on: a. the composition of GH (Pty) Ltd's Board of Directors; and (6) b. whether GH (Pty) Ltd can appoint the Board committees according to the membership requirements, as recommended by the King IV Report on Corporate Governance for South Africa. (9) With reference to the Remuneration section: 2. Comment on Matt Damond's contention that no remuneration committee is needed. With reference to the Audit committee section: 3. Comment on the composition of the audit committee of GH (Pty) Ltd in terms of the King IV Report on Corporate Governance for South Africa.
GH (Pty) Ltd, a sport equipment manufacturer, is requested by its largest shareholder to comply with the recommendations of the King IV Report on Corporate Governance for South Africa. The composition of GH (Pty) Ltd's Board of Directors includes the CEO as the chairman, along with directors responsible for manufacturing, marketing and research, finance, human resources, and non-executive directors. The presence of individuals with relevant expertise and representation from different areas of the company suggests a diverse board composition. However, potential conflicts of interest related to the non-executive directors' affiliations with Safari Hunters (Pty) Ltd, Good Hunting (Pty) Ltd, and the legal practice advising GH (Pty) Ltd should be considered.
In terms of the King IV Report, the board composition of GH (Pty) Ltd appears to have a mix of executive and non-executive directors with diverse backgrounds and expertise, which is generally desirable for effective governance.
The inclusion of directors responsible for manufacturing, marketing and research, finance, and human resources reflects a balanced representation of key areas within the company.
However, potential conflicts of interest arise with the presence of Hezekiel Sepeng, who is a major shareholder of Safari Hunters (Pty) Ltd, GH (Pty) Ltd's largest customer. This situation may warrant further scrutiny to ensure appropriate safeguards are in place to manage any conflicts.
Regarding the appointment of board committees, it is not explicitly mentioned whether GH (Pty) Ltd follows the membership requirements recommended by the King IV Report. However, the absence of a remuneration committee and the decision-making authority solely resting with Matt Damond and Mini Driver raises concerns.
A remuneration committee is an important governance mechanism that ensures fair and transparent executive remuneration practices. Its absence may undermine the checks and balances within the organization and could lead to potential conflicts of interest or biases in determining executive pay.
The composition of the audit committee consists of Matt Damond as the Chairperson, Farah Favor with financial expertise, and Ally Lane to assist with legal matters.
While it is positive that the committee includes individuals with financial and legal backgrounds, the fact that the CEO, Matt Damond, chairs the committee raises a potential conflict of interest.
The King IV Report recommends that the chairperson of the audit committee should be an independent non-executive director to ensure the committee's independence and effectiveness in overseeing the company's financial reporting and internal controls.
Therefore, the current composition of the audit committee of GH (Pty) Ltd may not fully align with the King IV Report's recommendations.
Learn more about directors here:
https://brainly.com/question/31378083
#SPJ11
In workplaces where there is continuous noise e.g. mines, workers are encouraged to wear protective gears such as ear muffs provided by the company. This will reduce the noise going into workers ears hence reducing compensation costs. These protective gears have limitations in that they are damaged upon usage, as nothing lasts forever. Workers on the other hand tend to remove their protective gears with the view that they are uncomfortable or they want to hear their colleagues clearly. xplain the likely reasons for weakening muffs effectiveness.
The weakening effectiveness of ear muffs in noisy workplaces can be attributed to several factors:
1. Wear and Tear: Ear muffs are subject to wear and tear due to regular usage in harsh environments. The continuous exposure to dust, moisture, heat, and other workplace conditions can degrade the materials and structural integrity of the ear muffs over time. This can result in reduced effectiveness in blocking out noise and providing adequate protection.
2. Improper Maintenance: If workers do not properly maintain their ear muffs, such as cleaning them regularly or storing them correctly, it can lead to a deterioration of their effectiveness. Accumulated dirt, debris, or damage to the padding or seals can compromise the ability of the ear muffs to provide a proper seal and attenuate noise.
3. Inadequate Fit: Ear muffs need to fit securely and tightly around the ears to provide optimal protection. However, over time, the ear cups may lose their shape or the headband may become loose, affecting the seal and compromising the effectiveness of the ear muffs. Additionally, workers may not wear the ear muffs correctly, resulting in a poor fit and decreased protection.
4. Employee Non-Compliance: The effectiveness of ear muffs is dependent on workers consistently wearing them in noisy environments. However, some workers may remove or loosen their ear muffs due to discomfort, perceived inconvenience, or the desire to communicate with colleagues more easily. This non-compliance can lead to prolonged exposure to high noise levels and increased risk of hearing damage.
5. Damaged or Faulty Equipment: Sometimes, the ear muffs themselves may have manufacturing defects or damage that compromises their effectiveness. For example, the padding may degrade or the seals may become worn or torn. In such cases, even new ear muffs may not provide the expected level of noise reduction.
To address the weakening effectiveness of ear muffs, it is important for companies to:
- Regularly inspect and replace damaged or worn-out ear muffs.
- Provide proper training on the correct usage and maintenance of ear muffs.
- Encourage workers to report any issues or discomfort with their ear muffs promptly.
- Consider alternative solutions, such as ear plugs or a combination of ear plugs and ear muffs, for situations where ear muffs alone may not be sufficient.
- Emphasize the importance of hearing protection and the long-term consequences of noise exposure to encourage worker compliance.
By addressing these factors and ensuring that workers have access to properly functioning and well-maintained hearing protection, companies can better protect their employees' hearing in noisy work environments.
To know more about Improper Maintenance, visit
https://brainly.com/question/31063601
#SPJ11
A) Trace the development of Corporate Governance regulation in Nigeria from 1999 to date B) Indicate whether any progress has been recorded so far on corporate governance and financial reporting in line with international best practice
A) Nigeria's Corporate Governance regulation has made significant progress since 1999, introducing reforms and regulatory frameworks for improved transparency. B) Nigeria's Code of Corporate Governance, introduced in 2018, revised in 2019, aligns with international best practices, emphasizing accountability, transparency, and integrity.
A) Since the return of democracy in 1999, Nigeria has made significant strides in corporate governance regulation. The first major milestone was the establishment of the Nigerian Code of Corporate Governance in 2003, which provided guidelines and principles for corporate governance practices.
This was followed by the introduction of the Companies and Allied Matters Act (CAMA) in 2020, which incorporated provisions to strengthen corporate governance, promote accountability, and protect stakeholders' interests.
B) In addition, the Financial Reporting Council of Nigeria (FRCN) has played a crucial role in driving improvements in financial reporting. The FRCN issued the Nigerian Code of Corporate Governance for the public sector, which aligns with international standards.
While progress has been made, challenges remain in fully implementing and enforcing corporate governance regulations.
The effective implementation of these regulations requires a collective effort from regulatory bodies, corporate entities, and stakeholders to ensure compliance and adherence to best practices.
Continued efforts in this direction will help Nigeria further enhance its corporate governance and financial reporting practices, promoting investor confidence and sustainable economic growth.
Learn more about stakeholders here:
https://brainly.com/question/32720283
#SPJ11
Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section.
What effect would a $10 million operating expense have on this year’s earnings? What effect would it have on next year’s earnings?
The maximum amount you would pay for the debt instrument is $1,191.92.
The annual coupon payments of $40 for four years can be considered an annuity.
Using the present value of an annuity formula, we can find that the present value of the coupon payments is $142.25.
The $1,000 principal payment at the end of four years can be considered a future lump sum.
Using the present value of a single amount formula, we can find that the present value of the principal payment is $849.67.
Finally, we add the present values of the coupon payments and the principal payment to find the maximum amount you would pay for the bond.
Therefore, $142.25 + $849.67 equals $991.92.
Rounding this amount to the nearest dollar, we get $1,191.92 as the maximum amount you would pay for this debt instrument in order to earn a 7 percent return.
To learn more about present value here brainly.com/question/28304447
#SPJ11
question+content+area+the+hayden+corporation+issues+1,000,+10-year,+8%,+$2,000+bonds+dated+january+1+at+92.+the+journal+entry+to+record+the+issuance+will+show+a
Cash a/c , bonds payable a/c will be debited and discount on bods payable a/c is credited .
Solution:
Nominal Value (NV) of each bond = $2,000
Number of bonds issued = 1,000
The selling price of bonds = 92% of nominal value = 0.92*2,000 = $1,840
Interest rate on bonds = 8%
Date of issue = January 1
The journal entry to record the issuance will show that:
Cash A/c Dr. $1,840,000 (1,000 bonds x $1,840)
Bonds Payable A/c (NV) Dr. $2,000,000 (1,000 bonds x $2,000)
To Discount on bonds payable A/c $160,000
Discount on bonds payable is Difference between cash and bonds payable i.e 1,840,000 – 2,000,000.
To know more about Bonds: https://brainly.com/question/14064867
#SPJ11