Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called "Universal Basic Income."
What is Universal Basic Income?A proposed government guarantee of a monthly payment to every citizen is known as universal basic income. Its goal is to guarantee that everyone has the resources to buy needs and raise their standard of living.
Some key features of universal basic income are-
The fundamental concept under an universal basic income is to allocate tax revenue to fund programs that pay everyone who lives under that government's control. To fund this scheme, a state or the federal government could divert a set amount of tax revenue, which would then be distributed to the locals.For instance, the payment system linked to a nation's economic output is suggested by economist Kalle Moene & Debraj Ray. According to their estimates, between 10 and 12 percent of the gross domestic product may be allocated to universal income transfers. Payments would fluctuate according on the level of income and inflation in the nation under this arrangement.To know more about Universal Basic Income, here
https://brainly.com/question/11986772
#SPJ4
Does audit service needed in Auchi polytechnic student union government of yes why
Yes audit service is needed in the Union government of this school called Auchi polytechnic.
What is audit?This is the term that is used to refer to the official inspection that is done into the accounts of an organization of which this Union can be grouped under.
It helps to verify and also check the financial information of the entity. The reason why the audit is needed is because it would help to expose issues that may have to do with misappropriation of funds by the union.
It would also helps to tell the school if the financial report that the union makes is the same as the financial reflection of the Union at a particular point in time.
Read more on audit here:
https://brainly.com/question/7890421
#SPJ1
What actions could a company take to reduce its working capital funding gap? Review Later Pay suppliers more quickly Tighten customer credit terms Allow customers to delay payments Increase inventory levels
The action Company should take to reduce its working capital funding gap by Increasing inventory levels.
Working capital is the cash used daily cover all of a corporation's short-time period prices, that are due inside one year. working capital is the distinction between a business enterprise's contemporary assets and modern-day liabilities. operating capital is used every day buy inventory, pay brief-term debt and costs.
Operating capital is calculated by way of subtracting modern-day liabilities from current assets, as listed on the organisation's stability sheet. contemporary belongings encompass cash, accounts receivable and inventory. current liabilities consist of debts payable, taxes, wages and interest owed.
Company in accounting, the running capital total is typically derived from the figures for modern-day property and present day liabilities recorded on the balance sheet.
Learn more about working capital funding here:-https://brainly.com/question/19804046
#SPJ1
Which term refers to the total value of all goods and services produced within a given period by a national economy domestic factors of production
Answer:
Gross Domestic Product"refers to the total value of all goods and services produced within a given period by a national economy domestic factors of production
Dimensions of Diversity are:
A. Treatment or consideration of, or making a distinction in favor of or against, a
person or thing based on the group, class, or category to which that person or thing
belongs rather than on individual merit.
B.O The complex filters through which all of us process stimuli and
information.
C.O The assumptions we make about ourselves, about others in the world and about
how we expect things to be.
D. The opinions or general feelings about
something.
Question 3
Type here to search
Of en
O
How to come up with a good idea that you are going to start a business?
option for Partner you want to start working?
1) Family business
2) couple business
3) Friends business
4) Join others business
5) your own Business
which one of this is best Business to start working? why ? and what are the profits for you to become successful?
Answer:
your own business
Explanation:
greatest room for growth, lacking responsibility to others financially. Depending on your skills, entrepreneurship is great. But if you aren’t able to take on an executive role in the 6 figure range to automate things, you’ll stay where you are. If you are good at executive works but not startup- join someone else.
5) your own Business
The benefits of starting a business include being your own boss. You will have more freedom and independence as a self-employed individual than as an employee, and you will not have to adhere to a typical 9 to 5 schedule from Monday through Friday. Having your own business means you can work when it is convenient for you—whether that be at 12 p.m. or 12 a.m.
You will be able to be more productive as a result. You can also work as a digital rambler wherever you want, so if you enjoy traveling, you could spend time living the digital rambler lifestyle if you are interested.
Market economies are based on both private enterprise and the idea that allocation decisions of what and how much to produce are decided by:_______
Answer:
Private Individuals.
Explanation:
The main characteristic of a Market economy is the Private property ownership. through which individuals are able to use private property/resources the way they want.
there is no central authority planning or ordering them to produce what in which quantities.
What is the main problem that HISD officials were aiming to fix?
A substantial number of schools had underperforming children with subpar abilities and test scores, which was the main problem that HISD authorities sought to address.
More about HISD:
The eighth-biggest public school system in the country and the largest in Texas is the Houston Independent School District (HISD). In addition to several unincorporated areas, Houston ISD serves as a community school district for the majority of the city of Houston as well as many adjacent and island communities. It is independent of the city of Houston and county jurisdictions.
Learn more about HISD here:
https://brainly.com/question/27252340
#SPJ1
Next year baldwin plans to include an additional performance bonus of 0. 5% in its compensation plan. This incentive will be provided in addition to the annual raise, if productivity goals are reached. Assuming the goals are reached, how much will baldwin pay its employees per hour?.
Baldwin will pay (D) $29.63 to its employees per hour.
What is a bonus?Employees typically receive a bonus payment in addition to their base compensation as part of their wages or salary.While the base compensation is often a predetermined amount per month, incentive payouts may change based on established factors such as annual turnover, the net number of additional customers recruited, or the current value of a public company's shares. Thus, bonus payments can work as incentives for managers, engaging their attention and personal interest in what is perceived as beneficial to the economic performance of their companies.Consider the following calculations to determine how much Baldwin pays its employees:
Total raise = 5% + 0.25% = 5.25%Present wages = $28.15Baldwin will pay = $28.15 × (1.0525) = $29.63Therefore, Baldwin will pay (D) $29.63 to its employees per hour.
Know more about a compensation plan here:
https://brainly.com/question/25438234
#SPJ4
The complete question is given below:
Next year Baldwin plans to include an additional performance bonus of 0.25% in its compensation plan. This incentive will be provided in addition to the annual raise if productivity goals are reached. Assuming the goals are reached, how much will Baldwin pay its employees per hour?
Select: 1
(A) $28.22
(B) $31.04
(C) $28.15
(D) $29.63
The university recycling food and beverage, paper, etc wastage project.
1. ORIGIN OF THE REPORT
2. OBJECTIVES OF THE REPORT
3. A BRIEF INTRODUCTION TO THE ORGANIZATION PART
4. INITIAL INVESTIGATION:
o The needs, symptoms, problem definition, and objectives
o The environment (discuss how various internal and external environment forces will influence project performance)
o Project risk management
5. REQUEST FOR PROPOSAL:
o Statement of work
o Proposal requirements
o Contractual provisions
o Technical information or data
o Proposal evaluation criteria
Final term:
1. THE PROJECT PROPOSAL
2. SELECTING THE WINNING PROPOSAL (Select and apply one evaluation method and demonstrate how the client will select a proposal):
3. PROJECT CHARTER:
4. WORK BREAKDOWN STRUCTURE (WBS):
5. GANTT CHART
6. NETWORK DIAGRAM :
7. CRITICAL PATH:
8. EARLY TIMES AND LATE TIMES:
9. TOTAL SLACK AND FREE SLACK:
10. CONCLUSION
REFERENCES:
This prompt is about selecting the proposal that is the best form the options provided.
How do you select the best proposal?To ensure that a proposal is the best one, it must meet all the requirement requested for.
In the first part of the question, we are given various items including the proposal evaluation criterial.
The project that meets the evaluation criteria is the one what is to be selected as the best project.
What is a project proposal?A project proposal is a written document that includes the timeframe, budget, objectives, and goals of a project and informs all relevant parties about it.
To convince stakeholders to support the effort, your project proposal should condense the specifics of your project and sell your concept.
Learn more about project proposals:
https://brainly.com/question/21085755
#SPJ1
17. What action is the Commission allowed to take if it has cause to believe that a licensee is about to violate escrow account rules?
a. Seek a monetary fine.
b. Enjoin the broker.
c. Withhold the license renewal process.
d. Sue to enjoin any violation action.
The Commission can sue to enjoin any violation action.
Before money or assets are transferred from one party to another in a transaction, a neutral third party is said to be keeping them. This third party is referred to as escrow. Until both the buyer and the seller have complied with the terms of the contract, the third party keeps the money.
Escrow is a legal term that refers to a financial arrangement in which a third party holds an asset or money on behalf of two other parties who are carrying out a transaction. The escrow agent is in charge of escrow accounts. Only after certain contractual duties have been fulfilled does the agent release the assets or funds. Escrow can be used to hold several types of assets, including cash and securities.
To know more about escrow refer to:
https://brainly.com/question/15703254
#SPJ1
Typically, the _____ marketing plan covers marketing activities over a period of two to five years in the future. The _____ marketing plan, which is highly structured and detailed, is usually developed by a product manager and begins with marketing research and ends after 48 weeks with the approval of the general manager.
The long-range marketing plan enfolds marketing activities over a period of two to five years in the future.
Long-range marketing planThe annual marketing plan, which is positively structured and precise, is usually created by a product manager and begins with marketing research, and completes after 48 weeks with the approval of the general manager.
The long-term marketing strategy should enclose the "big picture" that you are trying to accomplish with your marketing efforts. Your long-term marketing plan will generally be in place for six month to a year or more.
The purpose of the long-range plan is to bypass random, non-specific growth and focus the organization's skills on those areas where it excels, such as creating high-quality consumer goods.
To learn more about long-range marketing plan visit the link
https://brainly.com/question/15215890
#SPJ4
Form 1099-INT is used to...
Form 1099-INT is used to ensure you report the correct amount of interest income on your tax return.
An Internal Revenue Service (IRS) tax document used by taxpayers to record interest income is referred to as Form 1099-INT. All organisations that give investors interest income at the end of the year must issue the form. It contains a breakdown of each category of interest revenue as well as associated costs.
By January 31st, payers must send a 1099-INT to any recipient to whom they gave at least $10 in interest during the year. One copy is sent to the IRS, while the other is sent to the taxpayer. Interest on deposit accounts, dividends, and sums paid to the owner of a collateralized debt obligation are examples of the interest income types for which Form 1099-INT is issued.
To learn more about Form 1099-INT here,
https://brainly.com/question/2652874
#SPJ1
Explain to your elderly relative, who is wondering what is the global marketplace that they keep hearing about. They have also heard about "mancession", "she-economy" and the "circular economy". They are surprised by these terms and also very puzzled. Explain to them your understanding of "mancession" the "she-economy" and the "circular economy". How are these impacting or driving business in the global marketplace or not?
The global market place is simply the concept that suggests that the world is now a global unit where anyone can sell or buy anything without being hindered by the limitation of space, time, and distance.
What is Mancession?A recession that affects males more than women is referred described as a "mancession." High unemployment that disproportionately affects men is what is known as a mancession.
What is She-economy?The term She-economy is used to describe the concept that is suggestive of the fact that women are now a dominant force in the global economy. It indicates that women oversee $20 trillion in yearly global consumer expenditure, and in the following five years, that amount may increase to $28 trillion.
What is circular economy?The phrase "circular economy" describes a shift in the way resources are extracted, turned into goods, and ultimately discarded.
In a circular economy, resources are used less frequently, materials are redesigned to be less resource-intensive, and "waste" is recovered and used as a resource to create new materials and goods.
Lean more about Global Market Place:
https://brainly.com/question/12424281
#SPJ1
The net present value (NPV) method estimates how much a potential project will contribute to
-Select-
, and it is the best selection criterion. The
-Select-
the NPV, the more value the project adds; and added value means a
-Select-
stock price. In equation form, the NPV is defined as:
CFt is the expected cash flow at Time t, r is the project's risk-adjusted cost of capital, and N is its life, and cash outflows are treated as negative cash flows. The NPV calculation assumes that cash inflows can be reinvested at the project's risk-adjusted
-Select-
. When the firm is considering independent projects, if the project's NPV exceeds zero the firm should
-Select-
the project. When the firm is considering mutually exclusive projects, the firm should accept the project with the
-Select-
NPV.
Quantitative Problem: Bellinger Industries is considering two projects for inclusion in its capital budget, and you have been asked to do the analysis. Both projects' after-tax cash flows are shown on the time line below. Depreciation, salvage values, net operating working capital requirements, and tax effects are all included in these cash flows. Both projects have 4-year lives, and they have risk characteristics similar to the firm's average project. Bellinger's WACC is 8%.
0 1 2 3 4
Project A -900 620 395 200 250
Project B -900 220 330 350 700
What is Project A's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
$
What is Project B's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
$
If the projects were independent, which project(s) would be accepted?
-Select-
If the projects were mutually exclusive, which project(s) would be accepted?
-Select-
This answer requires that we fill in the blanks. The answers are contained in the bullet to fill the missing places
shareholder wealthlarger the NPVhigher stock price. WACCaccept the project.higher positive NPV.What is the NPV?This is the term that is used to refer to the net present value. This is the value that is calculated as the difference between the cash inflows and out flows for over a time period.
In order to get the NPV we have to make the following calculations for the projects A and B.
We have:
For Project A
-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴
= $355. 237
project B
we would have
-900 + 620/1.08 + 395/1.08² + 200/1.08³ + 250/1.08⁴
= 378.98
The value for the project B happens to be greater than that of A hence this is the value that we have to accept
Read more on NPV here:
brainly.com/question/17185385
#SPJ1
A major drawback with lot-for-lot sizing is?
a) high setup costs
b) low investment costs
c) low setup costs
d) high capital investments
Answer:
c is the answer I think because I just think
How do you prioritize your time?
Answer:
Time can be defined as a result of your hard work if you are already get yourself to manage time you have the ability to do many things in your own time management skills and have better understanding about what you learning and what you will learn next or what you want to know about that what you don't know that's how you prioritize your time , so time is precious .
6. What is the person called that has a legal agency relationship with a licensee?
a. The buyer
b. The client
c. The seller
d. The customer
Answer:
b
Explanation:
"client" means a person who has entered into an agency relationship with a licensee.
Dubey Companies Incorporated reported the following accounts and amounts (in millions) in its financial statements for the year ended November 30, 2018.
Accounts Payable $ 850
Accounts Receivable 900
Accumulated Amortization 510
Accumulated Depreciation 1,140
Allowance for Doubtful Accounts 40
Cash and Cash Equivalents 1,040
Common Stock 480
Deferred Revenue 1,980
Equipment 7,630
Income Taxes Payable 40
Notes Payable (long-term) 2,770
Notes Receivable (long-term) 260
Prepaid Rent 280
Retained Earnings 7,270
Service Revenue 500
Short-Term Investments 4,050
Software 920
Required:
Prepare a classified balance sheet. The Allowance for Doubtful Accounts relates entirely to Accounts Receivable. (One of the accounts does not belong on the balance sheet.) (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
The classified balance sheet shows that the total liabilities and stockholders equity will be $13390.
How to explain the balance sheet?It should be noted that a classified balance sheet refers to a financial statement that has classifications like the current assets, liabilities, etc.
From the table that's attached, the total current assets is $6230 while the total assets is $13390.
For the liabilities, the total current liabilities is $2870 and the total liabilities is $5640.
Also, the total stockholders equity is $7750 and lastly, the total liabilities and stockholders equity is $13390.
Learn more about balance sheet on:
brainly.com/question/910379
#SPJ1
Suppose a certain contractor wants to maximize
[tex]\pi[/tex]
from building one bridge. The contractor uses both labor and capital, and efficient combinations of Labor and capital that are sufficient to make a bridge is by the function 0.25 L 2 1 K 2 1 , if the prices of labor (w) and capital (r) are $ 5 and $ 10 respectively. Find the least cost combination of L and K
Therefore, efficient combination (least cost combination) of L and K are[tex]$\frac{16}{\sqrt{2}}$[/tex] and [tex]$\frac{8}{\sqrt{2}}$[/tex]respectively.
What is the least cost combination of L and K?The principle of least cost combination declares that if two-factor inputs are assessed for a given output the least cost combination will be such where their inverse price ratio stands equivalent to their marginal rate of substitution.
The optimum combination of inputs that are needed to produce output at the least possible cost is named the least cost combination.
The contractor wants to build one bridge. Thus, the constraint equation can be written as
[tex]$0.25 \mathrm{~L}^{\frac{1}{2}}$[/tex]
[tex]&k^{\frac{1}{2}}=1 \\[/tex]
[tex]&\mathrm{MPL}=0.125 \mathrm{~L}^{\frac{-1}{2}} \mathrm{~K}^{\frac{1}{2}} \\[/tex]
[tex]&\mathrm{MPK}=0.125 \mathrm{~L}^{\frac{1}{2}} \mathrm{~K}^{\frac{-1}{2}}[/tex]
The equilibrium condition is[tex]$\frac{M P L}{M P K}=\frac{W}{r}$[/tex]
[tex]K^{\frac{-1}{2}}}=\frac{\$ 5}{\$ 10} \\[/tex]
[tex]&\frac{K}{L}=\frac{1}{2} \Rightarrow L=2 K[/tex]
Substituting[tex]$\mathrm{L}=2 \mathrm{~K}$[/tex]in the constraint equation we obtain
$$
[tex]&0.125(2 \mathrm{~K})^{\frac{-1}{2}} \mathrm{~K}^{\frac{1}{2}}=1 \\[/tex]
[tex]&0.125 \sqrt{2} \cdot \mathrm{K}=1 \\[/tex]
[tex]&\mathrm{~K}=\frac{1}{0.125 \sqrt{2}}=K=\frac{8}{\sqrt{2}} \\[/tex]
[tex]&\mathrm{~L}=2 \mathrm{~K} \Rightarrow \frac{16}{\sqrt{2}}[/tex]
Therefore, efficient combination (least cost combination) of L and K are[tex]$\frac{16}{\sqrt{2}}$[/tex] and [tex]$\frac{8}{\sqrt{2}}$[/tex]respectively.
The least cost is [tex]$\mathrm{C}=5\left(\frac{16}{\sqrt{2}}\right)+10\left(\frac{8}{\sqrt{2}}\right)=\$ \frac{160}{\sqrt{2}}$[/tex]
To learn more about least cost combination refer to:
https://brainly.com/question/13897740
#SPJ9
How do you apply force field analysis and brainstorming techniques to a complex business
Brainstorming is a technique for the decision making, it encourages arguments between the individuals but this sometimes result in conflicts and disagreements.
What is decision making?Decision making is the technique in which the decision is decided, according to the situation and after careful analysis of the environment decision is made.
Force Field technique is a decision making technique, in this technique the participants write the decision in the middle of the paper and list the forces that require and resisting changes.
Decision making techniques are important and should be used to make an effective decision, in a complex business it is difficult to apply the technique but it is also important to implement the technique.
Brainstorming is the technique in which all the participants sit together and share their ideas while some challenge the ideas and so a decision with an agreement is made.
Learn more about Decision making at https://brainly.com/question/27272241
#SPJ1
You are forecasting a stock to pay the following dividends:
$4.40 , $3.45 , $4.
The dividends will then begin declining at a rate of 5.0% for the foreseeable future. What is the intrinsic value of this stock if the required return is 14%?
Intrinsic value of this stock will be close to $14 as the dividends $4.40 , $3.45 , $4 sum up to 11.85 and 14% returns makes it 13.508.
Know more about intrinsic value:
A thing, asset, or financial contract can have intrinsic value if it has some basic, objective value. It may be a good buy or a good sale if the market price is less than that value.
There are various approaches for determining a reasonable appraisal of a share's intrinsic value when reviewing equities. Models make use of elements like residual income, discounted cash flows, and dividend streams.
Each model heavily depends on reliable assumptions. The values estimated by the model will differ from the genuine intrinsic value if the assumptions made are incorrect or false.
Learn more about intrinsic value here:
https://brainly.com/question/14582100
#SPJ1
2. The Equal Opportunity Act is meant to prevent
employee absences
workplace injuries
sexual harassment
job discrimination
Answer:
job discrimination.
Explanation:
because this act was introduced many years ago because there was an equality between blacks, coloureds, Indians, whites and a disabled person .
The Equal Opportunity Act is meant to prevent D. job discrimination
This law makes it unlawful to discriminate against someone on the basis of race, color, religion, national origin, or sex.
What is the equal opportunity Act of 1964?
The employment section of the Civil Rights Act of 1964, known as Title VII, forbids discrimination based on race, color, national origin, sex, and religion, and also restricts employers from avenging against any employee who wields his or her rights underneath Title VII.
What was the primary effect of the Equal Employment Opportunity Act of 1972?The law banned discrimination in terms, compensation, working conditions, and other aspects of employment, mandates enforcement by courts, rather than juries, and provides civil fines for violations, including mandatory remedial hiring policies for employers and reinstatement with back pay tributes to victims.
To learn more about Equal Opportunity Act, refer
https://brainly.com/question/27853265
#SPJ9
Assume that Tommy and Michelle have an AGI of $107,000 before IRA deductions by either spouse. The AGI includes $10,000 that Michelle earned working part time (but she does not participate in an employer-sponsored retirement plan). Tommy and Michelle file a joint return. What is the maximum deductible contribution Tommy and Michelle may make to a traditional IRA?
Based on the AGI that Tommy and Michelle have, and the fact that they make a joint return, the maximum deductible contribution to a traditional IRA is $11,100.
How much is their joint maximum deductible contribution?Michelle does not participate in an employer-sponsored retirement plan because she is working part-time.
This means that she is entitled to the full $6,000 maximum deductible contribution to a traditional IRA.
Tommy on the other hand, participates in an employer-sponsored retirement plan which means he will have to remove a certain percentage from the deductible based on his range of $104,000 - $124,000.
That rate will be 15% so he will pay:
= 6,000 x ( 1 - 15%)
= $5,100
The total contribution is:
= 6,000 + 5,100
= $11,100
Find out more on contributions to traditional IRAs at https://brainly.com/question/3629169
#SPJ1
In a within-groups design, each participant experiences all levels of the –. There are two types of this design. The first is the – design, in which researchers expose participants to various levels of the independent variable and measure the dependent variable after each exposure. The second is the – design, in which participants interact with the various levels of the independent variable simultaneously.
In a within-groups design, there are two types of this design which are:
The repeated-measures designThe concurrent-measures designWhat is within-groups design?A within-groups design is known to be a kind of an experimental design that is one where each participant is said to often experiences the total levels of the independent variable.
Note that there are two types of this design which is the repeated-measures design whose role is to measure or one where participants are said to be opened to a lot of levels of the independent variable and they are known to be tested on the dependent variable after every exposure.
The second is said to be the concurrent-measures design and this is one where participants are said to communicate with the different levels of the independent variable in a simultaneous way..
Hence, In a within-groups design, there are two types of this design which are:
The repeated-measures designThe concurrent-measures designLearn more about concurrent-measures design from
https://brainly.com/question/25662476
#SPJ1
parents should not be involved in the observation screening process.
true or false
The statement "parents should not be involved in the observation screening process" can be either true or false, depending on the context and the specific screening process being referred to.
The statement as a True: In some situations, maintaining objectivity and impartiality during the observation screening process may be crucial. Having parents involved could introduce bias or emotional factors that may interfere with the assessment's accuracy or fairness.
Therefore, to ensure an unbiased evaluation, it might be best for parents not to be directly involved in certain observation screenings.
The statement as False: On the other hand, parents' involvement in the screening process can offer valuable insights into a child's development or behavior, especially in educational or early childhood settings.
Parental input and observations can complement the assessments made by professionals, leading to a more comprehensive understanding of the child's abilities and needs.
Ultimately, the decision on whether parents should be involved in the Observation screening process depends on the specific context, the purpose of the screening, and the guidelines or regulations in place.
Learn more about screening process here:
https://brainly.com/question/31039496
#SPJ3
When a visitor who has an appointment arrives, you should
Question options:
make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
invite the visitor who must wait to reschedule the appointment.
not keep a visitor who has an appointment waiting.
allow the visitor to wait when more pressing work is due.
If a visitor arrives and they have an appointment, you should A. make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
What should you do when a visitor has an appointment?In customer service, the visitor should be made to feel comfortable while they wait for their appointment as this is not only the right thing to do, but it gives the visitor the right impression about the company.
There are several ways to make a visitor feel comfortable such as:
Offering them a seat in a waiting area. Offering refreshments such as water or a non-alcoholic beverage. Ensuring that reading material is available to keep the visitor company.You should also endeavor to keep checking in on them and giving them updates about their meeting, while they wait for their appointment time to reach.
In conclusion, when a visitor with an appointment arrives, you should A. make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
Find out more on customer service at https://brainly.com/question/1286522
#SPJ1
Jim got a $3,000 savings account at 5 percent interest compounded annually. what will his balance be after four years?
$3,646.00
Interest is the price you pay for borrowing money or the cost you charge for lending money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, the bank will pay you interest.
Interest is money you pay with someone else's money. An example of interest is $20 earned in a savings account this year. As an example of interest, he has $2,000 paid on his mortgage this year.
Learn more about interest here
https://brainly.com/question/2294792
#SPJ1
Titan Mining Corporation has 6.3 million shares of common stock outstanding, 220,000 shares of 3.6 percent preferred stock outstanding, and 105,000 bonds with a semiannual coupon rate of 5.3 percent outstanding, par value of $1,000 each. The common stock currently sells for $73 per share and has a beta of 1.15, the preferred stock has a par value of $100 and currently sells for $83 per share, and the bonds have 17 years to maturity and sell for 107 percent of par. The market risk premium is 7.1 percent, T-bills are yielding 3.1 percent, and the company’s tax rate is 23 percent.
a.
What is the firm’s market value capital structure? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., .1616.)
b. If the company is evaluating a new investment project that has the same risk as the firm’s typical project, what rate should the firm use to discount the project’s cash flows? (Do not round intermediate calculations enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The firm’s market value capital structure is $503,910,000.
The rate the firm should use to discount the project’s cash flows is 9.33%.
a.
We will begin by finding the market value of each type of financing. We find:
Market value of debt = MVD = 105,000*($1,000)*(1.07) = $25,750,000
Market value of preferred cost = MVP = 220,000*($83) = $18,260,000
Market value of equity = MVE = 6,300,000*($73) = $459,900,000
And the total market value of the firm is:
V = $25,750,000 + 18,260,000+ 459,900,000
V = $503,910,000
b.
So, the market value weights of the company's financing are:
D/V = $25,750,000/$503,910,000 = 0.0511
P/V = $18,260,000/$503,910,000 = 0.0362
E/V = $459,900,000/$503,910,000 = 0.9127
For projects equally as risky as the firm itself, the WACC should be used as the discount rate.
First, we can find the cost of equity using the CAPM. The cost of equity is:
RE = .031 + 1.15(.071)
RE = 0.1030, or 10.03%
The cost of debt is the YTM of the bonds, so:
P0 = $1,070 = $26.50(PVIFAR%,34) + $1,000(PVIFR%,34)
R = 2.228%
YTM = 2.228% × 2
YTM = 4.46%
And the aftertax cost of debt is:
RD = (1 - .22)(.0446)
RD = .0348, or 3.48%
The cost of preferred stock is:
RP = $3.60/$73
RP = .0493, or 4.93%
Now we can calculate the WACC as:
WACC = 0.0511(.0348) + 0.0362(.0493) + 0.9127(.1003)
WACC =0.0933, or 9.33%
Hence, The firm’s market value capital structure is $503,910,000.
The rate the firm should use to discount the project’s cash flows is 9.33%.
Learn more about equity valuation:
https://brainly.com/question/17191274
#SPJ1
What is the formula for cost of goods sold under LIFO?
The formula for cost of goods sold under LIFO is cost of oldest inventory purchased multiplied by the units of goods sold.
What is LIFO?LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
For example, if beginning inventory is 10 units at of an item purchased at $10 and 10 units of inventory was purchased at $20. During the course of the month 5 units of the items was sold.
Cost of goods sold = 5 x 10 = 50
To learn more about LIFO, please check: https://brainly.com/question/13779572
#SPJ1
Which investment bank underwrote the most bonds in 2013 and 2014?
The investment bank that underwrote the most bonds in 2013 and 2014 is: J.P. Morgan.
What is investment bank?
Investment bank is a financial institution that render various types of investment services to their clients or customers. Investment tend to deals in buying and selling of shares to investors.
J.P. Morgan was an investment bank that offers various investment services to investors and was known as the investment bank that underwrote the most bonds in the year 2013 and year 2014.
Learn more about investment bank here:https://brainly.com/question/15390021
#SPJ1