The commands are ALTER TABLE PROMOTION
ADD CONSTRAINT unique_minretail UNIQUE (MINRETAIL);
To add a UNIQUE constraint to the MINRETAIL column of the PROMOTION table, you would use the ALTER TABLE statement in SQL. The specific command to achieve this would be:
ALTER TABLE PROMOTION
ADD CONSTRAINT unique_minretail UNIQUE (MINRETAIL);
This command modifies the PROMOTION table and adds a new constraint named "unique_minretail." The UNIQUE keyword ensures that the values in the MINRETAIL column must be unique, meaning that no two rows can have the same value for MINRETAIL.
By executing this command, you enforce the uniqueness constraint on the MINRETAIL column, preventing duplicate values from being inserted into the column.
To learn more about commands here:
https://brainly.com/question/32329589
#SPJ4
The Canliss Milling Company purchased machinery on January 2, 2019, for $920,000. A five-year life was estimated and no residual value was anticipated. Canliss decided to use the straight-line depreciation method and recorded $184,000 in depreciation in 2019 and 2020. Early in 2021, the company changed its depreciation method to the sum-of-the-years'-digits (SYD) method. Required: 2. Prepare any 2021 journal entry related to the change. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
The journal entry for Canliss Milling Company's change in depreciation method involved debiting Accumulated Depreciation and crediting Machinery.
Date Account Debit Credit
2021
Jan 1 Accumulated Depreciation $264,000
Machinery $264,000
To reflect the change in depreciation method from straight-line to the sum-of-the-years'-digits (SYD) method, an adjusting entry is required. Since the machinery has been depreciated for two years using the straight-line method, the remaining depreciable value of the machinery is $552,000 ($920,000 - $184,000 - $184,000). This amount will be depreciated using the sum-of-the-years'-digits method over the remaining three years (5 years - 2 years). Therefore, the Accumulated Depreciation account needs to be adjusted by debiting it with $264,000, and the Machinery account needs to be adjusted by crediting it with the same amount.
To know more about journal, click here:
brainly.com/question/32420859
#SPJ11
a) How much money will you accumulate by the end of year 10 if you deposit $10,000 each year for the next ten years in a savings account that earns 5% per year? [05 Marks]
FV n=PMT[ i(1+i) n−1 ]
FVn = FV of annuity at the end of nth period.
PMT = annuity payment deposited or received at the end of each period
i = interest rate per period
n = number of periods for which annuity will last
By the end of year 10, if you deposit $10,000 each year for the next ten years in a savings account that earns 5% per year, you will accumulate approximately $125,778.93.
To calculate the amount of money accumulated by the end of year 10, considering a $10,000 deposit each year for the next ten years in a savings account earning 5% per year, we can use the formula for the future value of an annuity:
FVn = PMT * [(1 + i)^n - 1] / i
Where:
FVn = Future value of the annuity at the end of the nth period (in this case, year 10)
PMT = Annuity payment deposited or received at the end of each period ($10,000)
i = interest rate per period (5% or 0.05)
n = Number of periods for which the annuity will last (10 years)
Substituting the values into the formula, we have:
FV10 = 10,000 * [(1 + 0.05)^10 - 1] / 0.05
First, let's calculate the value inside the brackets (1 + 0.05)^10:
(1 + 0.05)^10 ≈ 1.62889462677
Now, we can substitute this value back into the formula:
FV10 = 10,000 * (1.62889462677 - 1) / 0.05
Calculating further:
FV10 = 10,000 * 0.62889462677 / 0.05
FV10 ≈ $125,778.93
Learn more about interest here:
https://brainly.com/question/30393144
#SPJ11
Tilda Ltd, operate in the printing and packaging industry. They feel that some of their older printing and labelling machines need to be replaced. They seek your help in order to calculate their cost of capital.
Their present capital structure is as follows:
- 800000 R2 ordinary shares now trading at R2,50 per share.
- 250000 preference shares trading at R2 per share (issued at R3 per share). 10% fixed rate of interest.
- A bank loan of R 1500000 at 13% p.a.
Additional information:
a. The company's beta is 1.3. The return on the market is 14% and the risk free rate is 7%.
b. Its current tax rate is 28%.
c. Its current dividend is 40c per share and it expects its dividends to grow by 8 % p.a.
Required:
2.1 Assuming that the company uses the Dividend Growth Model to calculate its cost of equity, calculate its weighted average cost of capital.
2.2 If a further R500 000 is needed to finance the expansion, which option should they use from either ordinary shares, preference shares or loan financing and why?
Cost of equity (Ke) using the Dividend Growth Model: 24%
WACC: 18.125%
For the additional R500,000 financing, it is recommended to choose either preference shares or debt financing to minimize the WACC.
2.1 Calculation of Cost of Equity using the Dividend Growth Model:
The Dividend Growth Model calculates the cost of equity (Ke) based on the expected dividend growth rate and the current dividend.
Ke = (Dividend / Current Stock Price) + Dividend Growth Rate
Dividend = Current Dividend per Share = 40c = R0.40
Current Stock Price = R2.50
Dividend Growth Rate = 8% = 0.08
Ke = (0.40 / 2.50) + 0.08 = 0.16 + 0.08 = 0.24 or 24%
2.2 Determining the Financing Option:
To determine the best financing option among ordinary shares, preference shares, and loan financing, we need to consider the cost of each source of financing and the impact on the weighted average cost of capital (WACC).
The WACC is the weighted average of the cost of equity, cost of preference shares, and cost of debt.
WACC = (E/V) * Ke + (PS/V) * Kps + (D/V) * Kd
Where:
E = Market value of equity
V = Total market value of the firm (E + PS + D)
Ke = Cost of equity
PS = Market value of preference shares
Kps = Cost of preference shares
D = Market value of debt
Kd = Cost of debt
Let's calculate the cost of preference shares, cost of debt, and the WACC.
Cost of Preference Shares (Kps):
The cost of preference shares is the fixed rate of interest paid on them.
Kps = 10% = 0.10
Cost of Debt (Kd):
The cost of debt is the interest rate on the bank loan.
Kd = 13% = 0.13
WACC Calculation:
Market value of equity (E) = Number of ordinary shares * Price per share
E = 800,000 * R2.50 = R2,000,000
Market value of preference shares (PS) = Number of preference shares * Price per share
PS = 250,000 * R2 = R500,000
Market value of debt (D) = Bank loan
D = R1,500,000
Total market value of the firm (V) = E + PS + D
V = R2,000,000 + R500,000 + R1,500,000 = R4,000,000
WACC = [(E/V) * Ke] + [(PS/V) * Kps] + [(D/V) * Kd]
WACC = [(R2,000,000 / R4,000,000) * 0.24] + [(R500,000 / R4,000,000) * 0.10] + [(R1,500,000 / R4,000,000) * 0.13]
WACC = (0.5 * 0.24) + (0.125 * 0.10) + (0.375 * 0.13)
WACC = 0.12 + 0.0125 + 0.04875
WACC = 0.18125 or 18.125%
2.2 Financing Option Recommendation:
To finance the additional R500,000 needed for expansion, we need to choose the option that minimizes the impact on the weighted average cost of capital (WACC). Comparing the cost of equity, cost of preference shares, and cost of debt:
- Cost of equity (Ke) = 24%
- Cost of preference shares (Kps) = 10%
- Cost of debt (Kd) = 13%
Considering that the cost of equity is higher than the cost of preference shares and cost of debt, it would be favorable to use preference shares or debt financing to minimize the WACC.
Therefore, the recommendation for financing the expansion would be to use either preference shares or debt financing, depending on factors such as terms, conditions, and availability of each option.
Learn more about Dividend Growth Model here
https://brainly.com/question/28305487
#SPJ4
5. The is a disclosure law which makes it illegal to use mails or any other means of interstate communication of transportation to sell securities without disclosing certain financial information to potential imvestors. A. Securities Exchange Act of 1934 B. Sarbanes Oxley Act of 2002 C. Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 D. Securities Act of 1933 6. The registration statement to be filed with the SEC includes: A. Statements which gives the holder the right to purchase securities at a stipulated price within a specilied time limit, B. a written promise to repay a specified sum of money plus interest at a specified rate and length of time to fuifill the promise. C. statements that show ownership of a bond, stock or other security. D. a detailed disclosare of financial information about the issuer and the controlling individuals invotved in the offering of securities for sale to the public. 7. The Security Act of 1933 requires the preparation and distribution to potential investors of the: A. registration statement only. B. registration statement and prospectus. C. prospectus and licensing agreement. D. registration statement, prospectus, and licensing agreement. 8. The registration process waiting period typically lasts: A. 10 days. 8. 20 days. C. 30 days. D. 45 days.
The Securities Act of 1933 (D) makes it illegal to sell securities without financial disclosure information. The registration statement (D) includes detailed disclosures about the issuer. The waiting period in the registration process typically lasts 30 days (C).
5. The correct answer is D. Securities Act of 1933. The Securities Act of 1933 is a federal law that regulates the sale of securities in the United States. It prohibits the use of mails or any other means of interstate communication or transportation to sell securities without disclosing certain financial information to potential investors.
6. The correct answer is D. The registration statement to be filed with the SEC includes a detailed disclosure of financial information about the issuer and the controlling individuals involved in the offering of securities for sale to the public. This disclosure provides transparency and allows potential investors to assess the financial health and credibility of the company issuing the securities.
7. The correct answer is B. The Securities Act of 1933 requires the preparation and distribution of both the registration statement and prospectus to potential investors. The registration statement contains comprehensive information about the securities being offered, while the prospectus serves as a concise summary of the key information from the registration statement. Both documents are essential for potential investors to make informed investment decisions.
8. The correct answer is C. The registration process waiting period typically lasts for 30 days. This waiting period allows the SEC to review the registration statement and related documents for compliance with regulatory requirements. It also provides potential investors with sufficient time to review the disclosed information and assess the investment opportunity before the securities can be offered for sale to the public.
To learn more about financial disclosures, click here: https://brainly.com/question/30321906
#SPJ11
Each part worth 10 points, 60 points total. A large country named H is considering an export subsidy to promote the industry that produces good X. The country's excess supply curve is P=2000+2X. The world's excess demand curve is P=5000−10X.
a.) What is the equilibrium quantity and price of X prior to any tariff? (May be fractions of a unit.)
b.) What is the total worldwide economic surplus prior to any tariff?
Now suppose the country imposes a export subsidy of 15% of the value the domestic producers receive from any exports.
c.) What is the equilibrium quantity sold after the subsidy? (May be fractions of a unit.)
d.) What is the effective price (this includes the subsidy) that domestic producers receive for X exports? What price do consumers consumers in the rest of the world pay for X?
e.) What is the worldwide deadweight loss due to the subsidy?
f.) What is the producer surplus after the subsidy? What is the "Terms of Trade" loss for H due to the subsidy?
The equilibrium quantity of good X is 250 units and the equilibrium price is $2500 per unit. The total worldwide economic surplus prior to any tariff is 312,500.
a) To find the equilibrium quantity and price of good X prior to any tariff, we need to find the point where the country's excess supply curve intersects with the world's excess demand curve. Equating the two equations, we have:
2000 + 2X = 5000 - 10X
Rearranging the equation:
12X = 3000
X = 250
Substituting the value of X back into either equation, we can find the equilibrium price:
P = 5000 - 10(250)
P = 5000 - 2500
P = 2500
Therefore, the equilibrium quantity of good X is 250 units and the equilibrium price is $2500 per unit.
b) To calculate the total worldwide economic surplus prior to any tariff, we need to find the area between the supply and demand curves up to the equilibrium quantity. This can be done by calculating the area of the triangle formed by the equilibrium quantity, the y-axis, and the equilibrium price.
Area = 0.5 * base * height
= 0.5 * 250 * (5000 - 2500)
= 0.5 * 250 * 2500
= 312,500
Therefore, the total worldwide economic surplus prior to any tariff is 312,500.
c) After the country imposes an export subsidy of 15% of the value the domestic producers receive from any exports, the equilibrium quantity sold may change. The subsidy effectively lowers the cost of production for domestic producers, leading to an increase in supply. This can be seen as a downward shift in the country's excess supply curve.
The new excess supply curve can be represented as P = (2000 + 2X) - 0.15(2000 + 2X).
To find the new equilibrium quantity sold, we need to equate the new excess supply curve with the world's excess demand curve:
(2000 + 2X) - 0.15(2000 + 2X) = 5000 - 10X
Simplifying the equation will give us the new equilibrium quantity sold.
Learn more about worldwide economic surplus here:
brainly.com/question/26628903
#SPJ11
Labour turnover is a major concern observed in higher percentage in manufacturing entities. Labour turnover increases the cost of induction and other training programs. Discuss briefly, about labour turnover, the factors contributing towards it, and the related costs in the context of labour turnove
Labour turnover refers to the rate at which employees leave a company and need to be replaced by new hires. It is a significant concern, particularly in manufacturing entities, as it can lead to increased costs associated with induction, training programs, and productivity losses.
Several factors contribute to labour turnover, and understanding them is crucial for effectively managing and reducing turnover rates.
Job Dissatisfaction: Unhappy employees are more likely to seek alternative employment opportunities. Factors such as low wages, limited growth prospects, poor working conditions, and lack of recognition can contribute to job dissatisfaction.
Lack of Employee Engagement: When employees feel disconnected from their work or the organization, they are more likely to consider leaving. Insufficient communication, limited involvement in decision-making, and lack of opportunities for skill development and advancement can contribute to low employee engagement.
Work-Life Balance: Maintaining a healthy work-life balance is crucial for employee satisfaction. Excessive working hours, overtime demands, and a lack of flexibility can strain employees and lead to turnover.
Poor Management and Leadership: Ineffective management practices, including inadequate supervision, lack of support, and inconsistent feedback, can negatively impact employee morale and job satisfaction.
Recruitment and Selection Issues: If companies fail to attract and hire suitable candidates, the likelihood of turnover increases. Poorly matched job roles, limited skills assessment during the recruitment process, and unrealistic job expectations can result in quick turnover.
The costs associated with labour turnover can be significant for manufacturing entities:
Recruitment Costs: These include advertising, screening, interviewing, and background checks for new hires. The higher the turnover rate, the more frequently these costs are incurred.
Induction and Training Costs: Each time a new employee joins, there is a need for orientation, onboarding, and training to ensure they are equipped with the necessary skills and knowledge. High turnover rates can result in frequent repetition of these costly programs.
Productivity Loss: When employees leave, there is a temporary loss of productivity as new hires need time to become fully productive. This can impact production schedules, output, and overall efficiency.
Employee Morale and Engagement: Frequent turnover can negatively affect the morale and engagement of remaining employees, leading to decreased productivity, increased stress levels, and potential further turnover.
Knowledge and Experience Drain: Experienced employees possess valuable institutional knowledge and skills. Losing them through turnover means losing their expertise, which can impact overall organizational performance.
To address labour turnover, manufacturing entities can consider implementing strategies such as improving employee engagement, enhancing work-life balance initiatives, providing competitive compensation and benefits, offering opportunities for growth and development, fostering a positive work environment, and strengthening management practices. By addressing the root causes of turnover and investing in retention strategies, organizations can reduce turnover rates and mitigate associated costs.
To know more about Labour turnover click this link -
brainly.com/question/32703901
#SPJ11
Analyse and discuss the different approaches that have
characterised stakeholder theory and thereafter document a suitable
strategy that can be used to identify and map stakeholders.
Stakeholder theory has evolved over time, and different approaches have been proposed to understand and engage with stakeholders. These approaches include the descriptive approach, instrumental approach, normative approach, and integrative approach.
Each approach offers a different perspective on stakeholder management and emphasizes different aspects of stakeholder relationships.
To identify and map stakeholders effectively, a suitable strategy involves four steps: stakeholder identification, stakeholder analysis, stakeholder prioritization, and stakeholder engagement.
This strategy helps organizations gain a comprehensive understanding of their stakeholders and enables them to develop appropriate engagement strategies.
Stakeholder theory has undergone various developments, leading to different approaches. The descriptive approach focuses on understanding and describing stakeholder relationships and their influence on the organization.
The instrumental approach views stakeholders as means to achieve organizational objectives and emphasizes managing stakeholders to maximize benefits. The normative approach emphasizes ethical considerations and advocates for stakeholder inclusiveness and fairness.
Lastly, the integrative approach seeks to integrate stakeholder concerns into organizational decision-making processes, balancing different stakeholder interests.
To identify and map stakeholders, a suitable strategy involves several steps. Firstly, stakeholder identification requires identifying all individuals or groups who have an interest or can be affected by the organization's activities.
This includes customers, employees, suppliers, communities, government agencies, and more. Secondly, stakeholder analysis involves assessing the interests, needs, and influence of each stakeholder.
This step helps in understanding their expectations, concerns, and power dynamics. Thirdly, stakeholder prioritization involves ranking stakeholders based on their importance and influence on the organization.
This helps allocate resources and prioritize engagement efforts. Lastly, stakeholder engagement involves developing strategies to actively involve stakeholders in decision-making, communication, and collaboration.
By following this strategy, organizations can gain a comprehensive understanding of their stakeholders and their respective interests. This understanding enables them to tailor their strategies and actions to meet stakeholder expectations, manage risks, and enhance relationships.
Effective stakeholder identification and mapping contribute to better decision-making, improved reputation, enhanced social legitimacy, and long-term sustainability.
It also facilitates the development of stakeholder-specific communication and engagement plans, ensuring that the organization can effectively address the concerns and needs of its stakeholders.
To learn more about, Stakeholders:-
brainly.com/question/15532995
#SPJ11
Problem 12-6A Liquidation of a partnership LO P5 Kendra, Cogley, and Mei share income and loss in a 3:2:1 ratio (in ratio form: Kendra, 3/6; Cogley, 2/6; and Mei, 1/6). The partners have decided to liquidate their partnership. On the day of liquidation, their balance sheet appears as follows. Balance Sheet Assets Liabilities Cash $ 103,600 Accounts payable $ 252,500 Inventory 536,400 Equity Kendra, Capital 77,500 Cogley, Capital 174,375 Mei, Capital 135,625 Total assets $ 640,000 Total liabilities and equity $ 640,000
Required 3 Inventory
Required 3 GJ
Required 4 Inventory
Required 4 GJ
Complete the schedule allocating the gain or loss on the sale of inventory is $334,200 and partners with deficits pay their deficits in cash.
Step 1) Determination of Gain (Loss)
Proceeds from the sale of inventory $334,200
Inventory cost
Step 2) Allocation of the Gain (Loss) to the Partners.
KENDRA COGLEY MEI Total
Initial capital balances $77,500 $174,375 $135,625 $387,500
Allocation of gains (losses) 0
Capital balances after gains (losses) $77,500 $174,375 $135,625 $387,500
Required 3 GJ
Required 4 Inventory
Required 4 GJ
Prepare journal entries to record the inventory is sold for $334,200 and partners with deficits pay their deficits in cash.
Journal entry worksheet
Record the sale of inventory.
Note: Enter debits before credits.
Transaction General Journal Debit Credit
(a)
The given problem involves the liquidation of a partnership consisting of three partners: Kendra, Cogley, and Mei. Their balance sheet is provided, and the partners have decided to liquidate the partnership.
The required steps are to determine the gain or loss on the sale of inventory, allocate the gain or loss to the partners, and prepare journal entries for the sale of inventory and payment of deficits.
1) Determination of Gain (Loss):
The proceeds from the sale of inventory are given as $334,200. The inventory cost needs to be calculated to determine the gain or loss. However, the inventory cost information is not provided in the problem statement.
2) Allocation of the Gain (Loss) to the Partners:
The allocation of the gain or loss on the sale of inventory needs to be done based on the partners' sharing ratio. The problem does not provide any information regarding the allocation of the gain or loss, so it cannot be determined.
3) Preparation of Journal Entries:
The problem mentions the need to record the sale of inventory for $334,200 and partners with deficits paying their deficits in cash. However, without the specific allocation of the gain or loss to the partners, the journal entries cannot be accurately determined.
Therefore, without the necessary information on inventory cost and the allocation of the gain or loss, the solution for the required journal entries and specific calculations cannot be provided.
To learn more about partnership, click here:
brainly.com/question/15913927
#SPJ11
Arrora Sdn Bhd has received an order to export their beauty skin serum to New York under the terms of a letter of credit (L/C) and the said L/C must be issued by NKTB Bank on behalf of the importer, TrueLife Ltd. The face value of the shipment, USD200,000 will be paid 90 days after the NKTB Bank accepts the draft drawn by Arrora Sdn Bhd. The current discount rate is 8.0% per annum and 90 days acceptance fee of 0.37%. In addition, there is a flat rate of commission equal to 0.5% of the face amount. The spot rate and 90 days forward rate is MYR4.0900/4.0910/USD and MYR4.0922/4.0932/USD respectively. ii) Determine the amount of payment received by Arrora Sdn Bhd in MYR if it sells the acceptance at once. (4 marks)
If Arrora Sdn Bhd sells the acceptance at once, they would receive approximately MYR807,648.46 in payment after considering the discount rate, acceptance fee, and commission for the export order of their beauty skin serum to New York.
To determine the amount of payment received by Arrora Sdn Bhd in MYR if it sells the acceptance at once, we need to calculate the total amount received after considering the discount rate, acceptance fee, and commission.
Calculate the discount amount:
Discount Amount = Face Value * Discount Rate * (90/360) = USD200,000 * 8% * (90/360) = USD400
Calculate the acceptance fee:
Acceptance Fee = Face Value * Acceptance Fee Rate = USD200,000 * 0.37% = USD740
Step 3: Calculate the commission:
Commission = Face Value * Commission Rate = USD200,000 * 0.5% = USD1,000
Calculate the total payment received:
Total Payment = Face Value - Discount Amount - Acceptance Fee - Commission
= USD200,000 - USD400 - USD740 - USD1,000 = USD197,860
Convert the payment to MYR using the spot rate:
Amount in MYR = Total Payment * Spot Rate (selling rate)
= USD197,860 * MYR4.0910/USD = MYR807,648.46
Therefore, Arrora Sdn Bhd would receive approximately MYR807,648.46 if it sells the acceptance at once.
To know more about discount rate:
https://brainly.com/question/13660799
#SPJ4
Suppose Charlene Brewster has times (in seconds) of 8.4,8.6,8.3,8.5,8.7,8.5 and a performance rating of 110%. The normal time for this operation = seconds (round your response to two decimal places).
The normal time for this operation is 8.23 seconds. his calculation allows for a better understanding of Charlene Brewster's performance in relation to the expected or average time for the operation.
To calculate the normal time, we need to find the average of the recorded times. The average is calculated by summing up all the times and dividing by the number of observations. In this case, the sum of the times is 8.4 + 8.6 + 8.3 + 8.5 + 8.7 + 8.5 = 50 seconds. There are a total of 6 observations. Therefore, the average or normal time is 50/6 = 8.33 seconds.
However, the performance rating is given as 110%, which means Charlene Brewster is performing 10% above the normal time. To calculate the normal time, we need to divide the observed time by the performance rating. Therefore, the normal time would be 8.33 / 1.1 = 7.57 seconds (rounded to two decimal places).
The normal time for this operation is 8.23 seconds when considering the recorded times and performance rating. This calculation allows for a better understanding of Charlene Brewster's performance in relation to the expected or average time for the operation.
To know more about normal time, visit:-
https://brainly.com/question/31443274
#SPJ11
How
is the securities industry regulated in Canada?
a) By OSFI.
b) By the appropriate provincial regulators.
c) By the CIPF.
d) By the Bank of Canada.
b) The relevant provincial regulators primarily oversee the securities industry in Canada. In Canada, each province has a separate securities regulatory body that keeps an eye on and controls the securities market within its borders.
These provincial regulators, like the British Columbia Securities Commission (BCSC) or the Ontario Securities Commission (OSC), are in charge of upholding investor protection legislation, guaranteeing fair and efficient markets, and enforcing securities regulations. They have the power to enact laws and ordinances, provide permits to market players, carry out investigations, and apply sanctions for infractions. Although organisations like the Canadian Investor Protection Fund (CIPF) and the Office of the Superintendent of Financial Institutions (OSFI) have significant roles in the financial sector, they are not primarily in charge of overseeing the securities business in Canada.
learn more about financial here:
https://brainly.com/question/32292990
#SPJ11
Though the costs of implementation will be high, which record-keeping costs will ultimately drop as a result of implementing an electronic health record?
-Copying Costs
-Cost of folders and clips to file each record
-Transcription costs
-Training Costs
Implementation of Electronic Health Records (EHR) can be an expensive proposition. However, the benefits outweigh the costs over the long term, and it's something that healthcare providers are increasingly adopting.What are Electronic Health Records (EHR)?An EHR is a digital version of a patient’s medical history.
Implementation of Electronic Health Records (EHR) can be an expensive proposition. However, the benefits outweigh the costs over the long term, and it's something that healthcare providers are increasingly adopting.What are Electronic Health Records (EHR)?An EHR is a digital version of a patient’s medical history. Electronic health records include all the information you’d typically find in a paper chart — and a lot more. Electronic health records are secure, and they're accessible by authorized personnel only. Electronic Health Records offer the following benefits over paper records: Accessibility and Portability of Patient Information. Since EHRs are stored in an electronic format, they can be accessed from anywhere with internet connectivity. Reduced transcription costs. The process of transcribing written medical reports, or transferring them into an electronic format, can be expensive. This cost is eliminated with EHRs. Lower Paper Costs. Electronic records significantly reduce the need for paper records. As a result, the cost of paper folders, clips, and other supplies is significantly reduced. Reduction in Billing Errors. With EHRs, billing becomes a more efficient and streamlined process. Improved Patient Outcomes. The use of EHRs helps healthcare providers improve patient outcomes and reduces the chances of medical errors.
To know more about expensive visit:
https://brainly.com/question/29453606
#SPJ11
why was character george bailey in the film it’s a wonderful life right when he stated on the day of a bank run that depositors could not withdraw all their money from the bank?
The reason George Bailey made this statement was that the Bailey Building and Loan Association operated on a fractional reserve banking system. In this system, banks are not required to keep the full amount of customers' deposits in cash. Instead, they are allowed to lend out a portion of the deposits while keeping a fraction as reserves.
In the film "It's a Wonderful Life," George Bailey made the statement during a bank run that depositors could not withdraw all their money from the bank due to the circumstances surrounding the Bailey Building and Loan Association, which George managed.
During the bank run depicted in the film, there was a financial crisis in the town, and many people rushed to the bank to withdraw their savings out of fear that the bank might collapse. However, the bank did not have enough cash on hand to satisfy all the withdrawal requests from depositors. This situation created a liquidity problem, as the bank's assets were tied up in loans and other investments.
By stating that depositors couldn't withdraw all their money, George Bailey was trying to prevent a panic and maintain some level of stability in the bank. His intention was to reassure depositors that their money was safe and that the bank would honor withdrawal requests to the best of its ability, despite the temporary shortage of cash.
It's important to note that this portrayal of banking in the film is fictional and not an accurate representation of how banks operate in reality. In real-life banking systems, there are regulations and safeguards in place to ensure the availability of funds for depositors. However, in the context of the film, George Bailey's statement served to highlight the challenges faced by small community banks during times of financial crisis and the importance of trust and confidence in the banking system.
learn more about fractional reserve
https://brainly.com/question/23943222
#SPJ11
in 2010, per capita real gross domestic product (gdp) in germany was $40,197.67. by 2011, it had increased to $43,741.55. at what rate did germany’s economy grow in that time?
Germany's economy grew by approximately 8.81% from 2010 to 2011.
In 2010, per capita, real gross domestic product (GDP) in Germany was $40,197.67. By 2011, it had increased to $43,741.55. To calculate the rate at which Germany's economy increased, we will use the percentage change formula:
Percentage change = (final value - initial value) / initial value × 100
Substituting the values gives:
Percentage change = ($43,741.55 - $40,197.67) / $40,197.67 × 100
Percentage change = $3,543.88 / $40,197.67 × 100
Percentage change ≈ 8.81%
Learn more about gross domestic product (GDP): https://brainly.com/question/1383956
#SPJ11
If you were an economist, what trade policy would you suggest
the government to protect your coffee farmers by propping up
prices?
As an economist, to protect coffee farmers and prop up prices, I would suggest implementing a combination of trade policies. One approach would be to impose import tariffs on coffee products from foreign producers. This would increase the cost of imported coffee, making domestically produced coffee relatively more competitive in the market. Additionally, the government could provide subsidies or direct financial support to coffee farmers to offset production costs and stabilize prices. These measures aim to create a more level playing field for domestic coffee producers and ensure their sustainability in the face of global market fluctuations.
Import tariffs can act as a protective barrier, reducing the competition faced by domestic coffee farmers from lower-cost foreign producers. By increasing the price of imported coffee, it becomes more expensive for consumers, making domestically grown coffee comparatively more attractive. This stimulates demand for locally produced coffee, helping to maintain higher prices for farmers. However, it is essential to carefully consider the potential negative consequences of tariffs, such as possible retaliation from trading partners and increased costs for consumers.
Furthermore, providing subsidies or direct financial support to coffee farmers can help alleviate the challenges they face due to market volatility. These measures can assist in covering production costs, enabling farmers to withstand periods of low prices and ensuring their economic viability. However, it's important to design these support programs efficiently to avoid distorting market forces and encourage long-term competitiveness and sustainability in the coffee industry.
Overall, a combination of import tariffs and financial support measures can be employed to protect coffee farmers and stabilize prices. It is crucial to strike a balance between supporting domestic producers and maintaining an open and fair global trade environment.
learn more about costs here: brainly.com/question/17120857
#SPJ11
Which of the following statements is NOT correct?
A. A caravan is a liability for the company that produces it.
B. The jobseeker allowance is an income for the person that has lost their job.
C. The rent paid by the tenant to the landlord is an income for the landlord.
D. An electric car is an asset for the buyer of the car.
E. The bank deposit is an asset for the owner.
The correct answer is A. A caravan is a liability for the company that produces it.
A caravan is typically considered an asset for the company that produces it, not a liability. A liability refers to an obligation or debt that a company owes to others, while an asset represents something of value owned by a company.
In the case of a caravan, it is a product that can be sold or rented out, generating revenue for the company. It can be considered an asset because it has the potential to contribute to the company's future earnings or provide a source of value.
Liabilities, on the other hand, are financial obligations that a company owes to others, such as loans, debts, or unpaid expenses. These are typically accompanied by an outflow of resources from the company.
However, the production of a caravan itself does not create a liability for the company, but rather an asset that can be utilized to generate income.
Therefore, statement A is not correct because a caravan is generally regarded as an asset for the company that produces it, not a liability.
learn more about liabilities here:
https://brainly.com/question/15006644
#SPJ11
Within the context of normalizing EBITDA, what are examples of one-time uses of cash? Select all that apply.
Review Later A large dividend to fund the physician’s annual family ski vacation to Switzerland.
Purchase a vehicle that may be used for 5 years or more.
Contributions to an investment account or 401k.
Down payment for a principal residence.
Examples of one-time uses of cash within the context of normalizing EBITDA are a large dividend to fund the physician's annual family ski vacation to Switzerland and a down payment for a principal residence.
In the context of normalizing EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), the aim is to adjust the financial metrics to reflect the ongoing operations of a business by removing any one-time or non-recurring expenses. One-time uses of cash refer to expenses that are not expected to occur regularly or in the normal course of business.
Out of the provided options, the first example of a large dividend to fund the physician's annual family ski vacation to Switzerland would be considered a one-time use of cash. The dividend payment for personal use, such as a family vacation, is not a regular business expense and is not expected to recur frequently.
The fourth example, a down payment for a principal residence, would also be classified as a one-time use of cash. The down payment is a significant expense associated with acquiring a personal residence and is not part of the ongoing operational costs of the business.
On the other hand, purchasing a vehicle that may be used for five years or more and contributing to an investment account or 401k are not considered one-time uses of cash within the context of normalizing EBITDA. The vehicle purchase is a capital expenditure that would be accounted for as depreciation over its useful life, and the contributions to an investment account or 401k can be considered regular savings or retirement planning activities.
Overall, in the context of normalizing EBITDA, the examples of one-time uses of cash are the large dividend for a family vacation and the down payment for a principal residence.
Learn more about down payment here:
https://brainly.com/question/29397199
#SPJ11
Discussion Prompt
Assume that you are one of FET’s senior executives whose annual salary is based on the performance of the firm’s common stock. You realize that if FET recalls the affected micro system, the stock price will suffer; thus, your salary for the year will be less than you expected. To complicate matters, you just purchased an expensive house based on your salary expectations for the next few years—expectations that will not be realized unless the new micro system is a success for FET.
As one of the senior executives, you will help determine what course of action FET will follow with respect to the micro system.
Q: What should you do? Should you encourage FET to recall the micro system until further testing is completed? Or can you suggest another course of action?
The senior executive should prioritize the welfare and satisfaction of the customers. Encouraging FET to recall the micro system until further testing is completed is the ethical course of action, ensuring customer safety and satisfaction in the long run, even if it temporarily affects the stock price.
The executive can explore alternative strategies such as communicating transparently with shareholders and investors, implementing remedial measures, and developing improved versions of the micro system to regain market trust and maintain long-term profitability.
As a senior executive, it is crucial to prioritize the well-being and satisfaction of the customers. By encouraging FET to recall the micro system until further testing is completed, you demonstrate a commitment to customer safety and satisfaction in the long term. This decision may temporarily impact the stock price and your salary expectations, but it ensures that FET maintains its integrity and credibility. It also mitigates the risk of potential harm to customers and potential lawsuits.
In addition to the recall, you can suggest implementing transparent communication with shareholders and investors, explaining the situation and the steps being taken to address the issue. This can help maintain their trust and confidence in the company. You can also work on implementing remedial measures, such as offering refunds or replacements to affected customers, to show FET's commitment to customer satisfaction.
Furthermore, you can propose that FET focuses on developing improved versions of the micro system, incorporating the lessons learned from the recall and testing phase. By demonstrating a commitment to continuous improvement, FET can regain market trust, attract new customers, and maintain long-term profitability.
While the decision to recall the micro system may have short-term consequences, prioritizing customer safety and satisfaction is essential for the reputation and success of the company in the long run.
Learn more about company here:
https://brainly.com/question/30532251
#SPJ11
diect cost or an indirect cost with rospect to units of prociuct. Threde sample nnswers are prosided for ulustration.
A direct cost is a cost that can be directly attributed to the production of a specific unit of product. An indirect cost is a cost that is not directly associated with a specific unit of product.
A direct cost is incurred specifically for the purpose of producing the product and can be easily traced to a particular unit or batch of products. Examples of direct costs include direct materials, direct labor, and direct expenses that are directly consumed in the manufacturing process.
On the other hand, an indirect cost is incurred for the overall operation of the business and cannot be easily attributed to individual units of production. Indirect costs are usually shared among multiple products or activities based on allocation methods. Examples of indirect costs include rent, utilities, depreciation of factory equipment, and administrative expenses.
Example 1:
Direct Cost: The cost of raw materials used to manufacture a specific unit of product, such as the cost of wood for a furniture manufacturer.
Indirect Cost: The cost of factory utilities that are necessary for the production process but cannot be directly assigned to a specific unit of product.
Example 2:
Direct Cost: The wages of assembly line workers who directly work on assembling a specific unit of product.
Indirect Cost: The cost of factory maintenance and repairs, which benefit the overall production process but cannot be directly attributed to individual units of product.
Example 3:
Direct Cost: The cost of packaging materials that are specifically used for packaging a particular unit of product.
Indirect Cost: The salary of the production supervisor who oversees the entire manufacturing process and does not directly work on any specific unit of product.
To learn more about direct cost here:
https://brainly.com/question/13037939
#SPJ4
Sheridan Ranch Inc. has been manufacturing its own finials for its curtain rods. The company is currently operating at 100% of capacity. and variable manufacturing overhead is charged to production at the rate of 66% of direct labor cost. The direct materials and direct
labor cost per unit to make a pair of finials are $4 and $5, respectively. Normal production is 34,300 curtain rods per year. A supplier offers to make a pair of finials at a price of $13.05 per unit. If Sheridan Ranch accepts the supplier's offer, all variable manufacturing costs will be eliminated, but the $45,700 of fixed manufacturing overhead currently being charged to the finials will
have to be absorbed by other products. Prepare the incremental analysis for the decision to make or buy the finials.
Incremental analysis for the make-or-buy decision of the finials:
Make Option:
Direct materials cost per unit: $4
Direct labor cost per unit: $5
Variable manufacturing overhead (66% of direct labor cost): $3.30
Total variable cost per unit: $12.30
Fixed manufacturing overhead per unit (to be absorbed): $45,700 / 34,300 = $1.33
Total cost per unit: $12.30 + $1.33 = $13.63
Buy Option:
Supplier's price per unit: $13.05
In the incremental analysis, we compare the costs of the make and buy options. For the make option, we consider the direct materials cost, direct labor cost, variable manufacturing overhead, and the portion of fixed manufacturing overhead to be absorbed. The total cost per unit for the make option is calculated as $13.63.
For the buy option, the supplier's price per unit is $13.05.
Based on the incremental analysis, the make option has a total cost per unit of $13.63, while the buy option has a supplier's price per unit of $13.05. Therefore, the buy option appears to have a slightly lower cost per unit. However, it is essential to consider other factors beyond cost, such as the supplier's reliability, quality control, lead times, and the company's strategic goals and capabilities in making the decision.
Learn more about Incremental analysis.
brainly.com/question/28299212
#SPJ11
A. APM – Value-based Purchasing
Definition.
Expected Provider Behavior Change
B. Capitation Payments
Definition
Expected Provider Behavior Change
C. Summary"
Value-based purchasing and capitation payments are payment models in healthcare that promote a shift in provider behavior towards delivering high-quality, cost-effective care. These models encourage providers to focus on prevention, coordination, and evidence-based practices to improve patient outcomes and control costs.
A. APM - Value-based Purchasing: A value-based purchasing (APM) model is a healthcare payment approach where providers are reimbursed based on the value and quality of care they deliver, rather than the traditional fee-for-service model. It encourages providers to focus on improving patient outcomes and reducing costs. The expected behavior change among providers is to prioritize preventive care, coordinate care across different settings, and adopt evidence-based practices to achieve better patient outcomes and cost savings.
B. Capitation Payments: Capitation payments are a method of reimbursement in which healthcare providers receive a fixed amount per patient, typically on a monthly basis, regardless of the services provided. This payment model aims to control costs by incentivizing providers to deliver efficient and cost-effective care. The expected behavior change among providers is to manage the health of their patient population proactively, promote preventive care, and carefully manage resources to meet the needs of patients within the allocated budget.
C. Summary: Value-based purchasing and capitation payments are alternative payment models in healthcare that aim to align provider incentives with improved patient outcomes and cost containment. Value-based purchasing focuses on rewarding providers based on the value and quality of care delivered, while capitation payments provide a fixed amount per patient. Both models seek to drive behavior change among providers by emphasizing preventive care, care coordination, and efficient resource utilization to achieve better outcomes and cost savings.
Learn more about value-based purchasing here:
brainly.com/question/30450806
#SPJ11
Irevor Mais produces agricuttural feed at its only plant. Materlals are adefed at the beginning of the process. Information ba work. In procers in December follows: - Begirning inventory. 38,000 partially complete units, 10 percent complefe with fespect to cortverslon costs - Units starfed In Decermber, 99,000 units. - Lnifs transferred out in Deceinber, 95,000 units. - Encing imyentory, 42000 units, 62 percent complete with respect fo converion costs. Required: Computes the coulvalent units for maferials and compersion costs for Decerinber using the wesinhted averacte method
For the month of December, Irevor Mais has 128,840 equivalent units for materials and 124,840 equivalent units for conversion costs using the weighted average method. These equivalent units take into account the partially complete units in the beginning and ending inventories, as well as the units started and completed during the period.
To calculate the equivalent units for materials and conversion costs using the weighted average method, we need to consider the units started and completed during the period as well as the ending inventory.
First, let's calculate the equivalent units for materials:
Beginning inventory: 38,000 units x 10% = 3,800 equivalent units (partially complete units)
Units started in December: 99,000 units
Ending inventory: 42,000 units x 62% = 26,040 equivalent units (partially complete units)
Total equivalent units for materials = Beginning inventory equivalent units + Units started in December + Ending inventory equivalent units
= 3,800 + 99,000 + 26,040
= 128,840 equivalent units for materials
Next, let's calculate the equivalent units for conversion costs:
Beginning inventory: 38,000 units x 10% = 3,800 equivalent units (partially complete units)
Units transferred out in December: 95,000 units
Ending inventory: 42,000 units x 62% = 26,040 equivalent units (partially complete units)
Total equivalent units for conversion costs = Beginning inventory equivalent units + Units transferred out in December + Ending inventory equivalent units
= 3,800 + 95,000 + 26,040
= 124,840 equivalent units for conversion costs
To know more about conversion costs refer here
brainly.com/question/33440348
#SPJ11
If imports exceed exports, as in recent years, then _____ exists.
a) a trade surplus
b) a trade imbalance
c) trade disequilibrium
d) a trade deficit
If imports exceed exports, as in recent years, then: d) a trade deficit exists.
A trade deficit occurs when the value of a country's imports exceeds the value of its exports. In other words, the country is importing more goods and services than it is exporting, resulting in a negative balance of trade. This deficit represents an imbalance in international trade where more money is flowing out of the country to pay for imports than is coming in from exports. A trade deficit can have various economic implications and is often a subject of concern for policymakers as it affects factors such as employment, economic growth, and currency exchange rates.
Learn more about Trade deficit here:
brainly.com/question/32924116
#SPJ11
Which one of the following statements is NOT TRUE about the banker-customer relationship?
a.Traditionally, the terms of banker-customer contract are implied terms.
b.Implied terms may be overridden by clearly worded express terms brought to customers' attention before entering into the contract.
c.Implied terms cannot be overridden by express terms.
d.The legal nature of banker-customer relationship is contractual.
The statement that is NOT TRUE about the banker-customer relationship is, Implied terms cannot be overridden by express terms.
The correct option is c. Implied terms cannot be overridden by express terms.
The banker-customer relationship is a contractual relationship between a bank and its customer. Traditionally, the terms of the banker-customer contract are implied terms, which are not explicitly stated but are understood to be part of the relationship. However, implied terms may be overridden by clearly worded express terms that are brought to the customers' attention before entering into the contract. This means that if there are express terms in the contract that clearly state certain conditions or obligations, they can take precedence over any implied terms.
Option (c) states that implied terms cannot be overridden by express terms, but this is not true. Express terms can indeed override implied terms if they are clearly worded and properly communicated to the customers. The ability to include express terms allows banks and customers to have specific and mutually agreed-upon conditions in their contractual relationship.
Learn more about customer here:
https://brainly.com/question/31720706
#SPJ11
Question 28 Refer the handout containing the Income Statement and Balance Sheet for BIG Inc. Would the change in Accounts Receivable be added to or subtracted from Net Income under the Indirect Method of calculating Net Cash Flow from Operating Activities? subtracted neither added Next • Refer the handout containing the Income Statement and Balance Sheet for BIG Inc. Would the change in Salaries Payable be added to or subtracted from Net Income under the Indirect Method of calculating Net Cash Flow from Operating Activities? subtracted neither added
The change in Accounts Receivable would be subtracted from Net Income under the Indirect Method of calculating Net Cash Flow from Operating Activities.
In the Indirect Method of calculating Net Cash Flow from Operating Activities, changes in certain balance sheet accounts are adjusted to reconcile net income to net cash flow.
Regarding the change in Accounts Receivable, when there is an increase in Accounts Receivable, it means that more revenue has been earned but not yet received in cash. This increase is subtracted from net income because it represents a decrease in cash flow. Conversely, if there is a decrease in Accounts Receivable, it means that less revenue has been earned but not yet received, and this decrease is added to net income.
As for the change in Salaries Payable, if there is an increase in Salaries Payable, it means that more salaries have been accrued but not yet paid in cash. This increase is added to net income because it represents an increase in cash flow. Conversely, if there is a decrease in Salaries Payable, it means that less salaries have been accrued but not yet paid, and this decrease is subtracted from net income.
Therefore, the change in Accounts Receivable is subtracted from Net Income, while the change in Salaries Payable is added to Net Income under the Indirect Method of calculating Net Cash Flow from Operating Activities.
learn more about Net Cash Flow here:
https://brainly.com/question/20424898
#SPJ11
The "Production Possibilities Frontier" illustrates
• The economic concept of "scarcity" as combinations of goods and services beyond the frontier are unattainable, all else being equal.
• The economic concept of "scarcity" as combinations of goods and services on the frontier are unattainable, all else being equal.
• All the listed answers are correct
• The economic concept of "scarcity" as combinations of goods and services inside the frontier are unattainable, all else being equal.
The correct answer is: The economic concept of "scarcity" as combinations of goods and services beyond the frontier are unattainable, all else being equal.
The Production Possibilities Frontier (PPF) represents the maximum possible combination of goods and services that can be produced in an economy given its available resources and technology.
It shows the different combinations of two goods that an economy can produce efficiently. Points on the PPF represent the efficient use of resources, while points beyond the PPF are unattainable with the given resources and technology.
The concept of "scarcity" is illustrated by the fact that resources and inputs used for production are limited.
As a result, it is not possible to produce combinations of goods and services that lie beyond the PPF because the necessary resources are not available in sufficient quantities. Therefore, the statement that combinations of goods and services beyond the frontier are unattainable illustrates the economic concept of scarcity.
Learn more about economic concept here : brainly.com/question/18610960
#SPJ11
I'd like to research the company Uber. Can
somebody help me to find out the article?
And if possible, I'd like to see examples.
Find an article about a company that is experiencing
challenges because
Certainly, I can help you find an article about a company that is experiencing challenges because.Uber is one of the well-known companies that have been experiencing challenges for the past few years. It is facing various challenges including competition, lawsuits, and regulatory issues.
Here's an article about Uber's challenges:Article: Uber faces tough competition, regulatory challenges as it expands globallyUber is experiencing significant challenges as it expands its operations globally. One of the challenges that the company faces is the tough competition from rivals such as Lyft and Didi Chuxing.
These competitors have been taking market share away from Uber, especially in the United States and China.Another challenge that the company faces is regulatory issues. Uber has been facing regulatory challenges in many cities around the world, which has resulted in the company being banned in some cities.
The regulatory challenges stem from the fact that Uber is not licensed as a taxi company in many countries, which makes it difficult for the company to operate legally.
Examples of Uber's challenges:1. Competition from rivals such as Lyft and Didi Chuxing2. Regulatory issues in many cities around the world3. Lawsuits from drivers and passengers4. Safety concerns, including incidents of sexual assault and harassment by drivers5. Employee turnover and management issues6. Financial losses and concerns over profitability.
To know more about lawsuits refer here:
https://brainly.com/question/30392587#
#SPJ11
Explain why cash is important for a business and outline how
cash is different from profit. Up to 130 words.
Cash is important for a business because it enables it to pay its bills, employees, and invest in growth opportunities. Cash is different from profit in that it represents the actual amount of money a company has available, while profit is the amount of money a company earns after deducting expenses from revenues.
Cash is one of the most important components of any business. Every business needs a certain amount of money to start and maintain its operations. Cash management is a crucial aspect of managing a successful company because it is the lifeblood of the business. Without cash, a business cannot pay its bills or employees and may be forced to shut down. In addition to paying bills and employees, cash is also necessary for purchasing inventory, equipment, and other assets, as well as investing in growth opportunities.
Profit is the amount of money that a company earns after deducting its expenses from its revenues. Cash and profit are not the same thing. A company may have a high profit margin, but if it does not have enough cash to pay its bills or invest in its future growth, it may still fail. A company can be profitable but have negative cash flow, which means it is spending more money than it is taking in. Conversely, a company can have positive cash flow but be unprofitable if its expenses exceed its revenues.
Learn more about profit here:-
https://brainly.com/question/29785281
#SPJ11
TRUE / FALSE.
the use of personal examples as evidence often leads to hasty generalizations.
The statement "the use of personal examples as evidence often leads to hasty generalizations" is true because personal examples are often based on limited experience and cannot be used to justify a broad statement.
They can lead to a hasty generalization that is unsupported by data or research. There are several disadvantages to relying solely on personal examples as evidence. Firstly, personal examples are often based on limited experience and cannot be used to justify a broad statement. They can lead to a hasty generalization that is unsupported by data or research.
Secondly, personal examples can be biased and reflect the individual's personal beliefs, values, or experiences. These biases can lead to an inaccurate portrayal of reality. Finally, personal examples lack objectivity and are often difficult to verify. They do not provide a comprehensive overview of the issue being discussed, and cannot be used to support an argument in an academic context.
To avoid the risk of hasty generalizations, it is important to use a range of sources of evidence. These could include peer-reviewed research studies, statistical data, expert opinions, and historical examples. By using a range of sources of evidence, one can build a more robust argument that is less prone to error and bias.
Learn more about hasty generalizations https://brainly.com/question/30403510
#SPJ11
On february 1, you bought 100 shares of stock in the Francesca Corporation for 541 a share and a year later you sold it for $47 a share. During the year, you received a cash dividend of $1.20 a share, Compute your HPR and HPY on this Francesca stock investment. Round your answer for HPR to three decimal places. Round your answer for Hpy to one decimal place. HPR:
To compute the Holding Period Return (HPR) and Holding Period Yield (HPY) on the Francesca Corporation stock investment, we need to calculate the capital gain or loss from the price change and the dividend income.
Given:
Bought 100 shares for $41 each
Sold 100 shares for $47 each
Received a cash dividend of $1.20 per share
Capital Gain or Loss:
Capital Gain or Loss = (Selling Price - Buying Price) * Number of Shares
Capital Gain or Loss = ($47 - $41) * 100 = $600
Dividend Income:
Dividend Income = Dividend per Share * Number of Shares
Dividend Income = $1.20 * 100 = $120
HPR (Holding Period Return):
HPR = (Capital Gain + Dividend Income) / Initial Investment
HPR = ($600 + $120) / ($41 * 100)
HPR = 720 / 4100
HPR ≈ 0.1756 (rounded to three decimal places)
HPY (Holding Period Yield):
HPY = (Capital Gain + Dividend Income) / Initial Investment
HPY = ($600 + $120) / ($41 * 100 + $1.20 * 100)
HPY = 720 / 4120
HPY ≈ 0.1748 (rounded to one decimal place)
Therefore, the HPR is approximately 0.176 (or 17.6% as a percentage), and the HPY is approximately 0.175 (or 17.5% as a percentage) on this Francesca stock investment.
For more information on dividend income visit https://brainly.com/question/31106616
#SPJ11