2. Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the coefficient variation for this firm’s returns??
Economic
Conditions Prob. Return
Strong 25% 30.0%
Normal 45% 12.0%
Weak 30% -14.0%
The coefficient variation for Carson Inc.'s returns is 4.06.
The coefficient of variation (CV) is a measure of relative dispersion or risk for a set of data. It is calculated as the standard deviation divided by the mean of the data, expressed as a percentage.
First, we need to calculate the expected return for Carson Inc.'s returns:
Expected return = (0.25 x 0.30) + (0.45 x 0.12) + (0.30 x -0.14) = 0.045 or 4.5%
Next, we need to calculate the standard deviation
Standard deviation = √((0.25 x (0.30 - 0.045)²) + (0.45 x (0.12 - 0.045)²) + (0.30 x (-0.14 - 0.045)²)) = 0.1828 or 18.28%
Finally, we can calculate the coefficient of variation
Coefficient of variation = standard deviation / expected return = 0.1828 / 0.045 = 4.06
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The intercultural Communication is very important in contemporary business world. However, it becomes Barriers to different groups of people who work in the same organization. Only the smart managers apply Intercultural Communication Competency to make every approach balance. You can interpret the above Paragraph in details in your own words.
Answer:
In today's globalized business world, intercultural communication is essential for success. However, cultural differences can also create barriers between people who work in the same organization. For example, different cultural norms, values, and beliefs can lead to misunderstandings and conflicts.
To overcome these barriers, smart managers need to develop intercultural communication competency. This means having the knowledge, skills, and attitudes needed to communicate effectively with people from different cultural backgrounds. For example, a manager might need to learn about different cultural customs, such as how to greet people or how to show respect.
Intercultural communication competency also involves being able to adapt to different communication styles. For example, some cultures may prefer indirect communication, while others may prefer direct communication. A manager who is able to adapt to these different styles can build trust and rapport with people from different cultural backgrounds.
Overall, intercultural communication competency is essential for managers who want to create a balanced approach to communication in their organization. By understanding and respecting cultural differences, managers can build strong relationships with employees, customers, and partners from around the world. This can lead to increased productivity, creativity, and innovation, as well as a more inclusive and diverse workplace.
Can anyone please write a summery of everything that happened in the Great depression?
ECONOMICS
One way a partnership differs from a sole proprietorship is that it:
O A. places all risk and liability on one person.
B. has owners with many different skill sets.
C. protects all owners from bankruptcy.
D. has less potential for conflict.
Answer: B. has owners with many different skill sets
One way a partnership differs from a sole proprietorship is that it has owners with many different skill sets. Hence, the correct option is B.
What is a partnership?A partnership is a type of business structure where two or more people share ownership of a business. In a partnership, the partners share profits and losses, as well as the risks and liabilities of the business. Unlike a sole proprietorship where a single person has full control and is fully responsible for the business, in a partnership, the responsibility and risk are shared among the partners.
Since, partnership can have two or more partners, it is likely to have owners with many different skill sets. This is an advantage that a partnership has over a sole proprietorship.
Therefore, one way a partnership differs from a sole proprietorship is that it has owners with many different skill sets. Hence, the correct option is B.
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What is the interest expense on December 31?
The interest expense on December 31 of the first year is $5,250.
What is the interest expense on bonds?The interest expense for a bond that has the same coupon rate as the market rate is always the same for all periods of the bond.
This shows that the bond was issued at neither premium nor discount but at par.
Data and Calculations:N (# of periods) = 20
I/Y (Interest per year) = 7.5%
PMT (Periodic Payment) = $5,250 ($140,000 x 7.5% x 1/2)
FV (Future Value) = $140,000
Results:
PV = $140,000.00
Sum of all periodic payments = $105,000 ($5,250 x 20)
Total Interest = $105,000
SchedulePeriod PV PMT Interest FV
1 $140,000 $5,250 $5,250 $140,000
2 $140,000 $5,250 $5,250 $140,000
Thus, the interest expense on December 31 of the first year is $5,250.
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1. AROR for the first increment (Alt. C-Alt. A) is
B. 9.38%
A. 10.12%
C. 11.85%
D. 11.00%
The initial increment's AROR (Alt. C-Alt.) is 11.00%.
Does increment denote currency?An increment often reflects a percentage of the employee's annual salary. Increments are used by employers to raise or lower base salary as well as to give bonuses. They serve as a standard for employees when negotiating a pay raise or a beginning salary with such a new employer.
An increase at work is what?An employee's annual income may be increased through a salary increment, which is distinct from a bonus. Increments are a tool used by employers to change remuneration and boost or cut basic salaries. When compared to bonuses & commissions, which typically are based on performance, this type of wage increase is different.
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Katie Malls has the following inventory transactions for the year:Date Transaction Number of units Unit cost Total costJan. 1 Beginning inventory 20 $35 $ 700Apr. 8 Purchase 50 40 2,000 $2,700Jan. 1 â Dec. 31 Total sales to customers 60What amount would Madison report for cost of goods sold using LIFO under a periodic inventory system?a) $2,100b) $2,350c) $2,300d) $2,400
Answer:
b) $2,350
Explanation:
The computation of the cost of goods sold under the LIFO method is shown below:
Since there is 60 unit sold
So,
= Number of units purchase × price per unit + opening inventory remaining units × price per unit
= 50 units × $40 + 10 units × $35
= $2,000 + $350
= $2,350
hence, the cost of goods sold under the LIFO method is $2,350
Therefore the correct option is b) $2,350
Carson expects to invest $50,000 at the end of Year 1, $28,000 at the end of Year 2, and $12,000 at the end of Year 3. If he can earn an average annual return of 10.5 percent, how much will he have saved in this account by the end of Year 25?
By the conclusion of Year 25, he had $1,033,544.53 in his savings account.
Future Value: What is it?The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.
At the end of the first year, the initial deposit will be made. 25 years after the first deposit translates to 26 years when the year is subtracted from 25+1.
years deposit FV factor at the end of 5 year future value
1.105 × 26
1 50000 12.13547977 606773.9884
2 28000 1 0.98233463 307505.3697
3 12000 9.938764372 119265.1725
FV 1,033,544.53
Consequently, the future value is $1,033,544.53
The average annual return (AAR) is what?
A mutual fund's historical average return is represented by the average annual return (AAR), which is typically expressed over three, five, and ten years. Investors usually examine a mutual fund's average annual return before investing in it as a means to gauge the success of the fund over the long run.
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Jake paid $9840 in interest on his interest-only home loan last year. If
his interest rate was 7%, how much was the balance on his loan?
The principal balance of the loan comes out to be $140,571 when the yearly interest on the loan is $9,840 and the rate of interest of 7%.
What is a loan?The loan is an amount taken by the borrower from the lending party and promised to pay the loan with interest after an agreed period of time.
Given values:
Annual interest on a loan: $9,840
Interest rate: 7%
Time period: 1 year
Computation of principal value on loan:
\(\rm\ Principal \rm\ Value =\frac{\rm\ Annual \rm\ Interest \rm\ on \rm\ Loan}{\rm\ Interest \rm\ Rate \times \rm\ Time \rm\ Period}\\\rm\ Principal \rm\ Value=\frac{\$9,840}{0.07 \times 1 \rm\ year }\\\rm\ Principal \rm\ Value=\$140,571\)
Therefore, when the annual interest is $9,840 at the rate of interest of 7%, then the value of the principal amount is $140,571.
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whats ordinary annuity
Answer:
An ordinary annuity is a series of equal payments made at the end of consecutive periods over a fixed length of time
Explanation:
I hope this helps :(
Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
Mackenzie Company has a price of $38 and will issue a dividend of $ 2.00 next year. It has a beta of 1.3, the risk-free rate is 5.2%, and the market risk premium is estimated to be 4.9%. a. Estimate the equity cost of capital for Mackenzie. b. Under the CGDM, at what rate do you need to expect Mackenzie's dividends to grow to get the same equity cost of capital as in part (a)?
Answer and Explanation:
a. The computation of the equity cost of capital is shown below:
As we know that
Expected rate of return = Risk free rate + Risk Premium × Beta
= 5.20% + 4.90% × 1.30
= 11.57%
b. Now the rate at which the dividend should be grow is
Value of the stock = Expected dividend ÷ (cost of equity - growth rate)
$38 = $2 ÷ (11.57% - growth rate)
so, the growth rate is 6.31%
A taxpayer who claims a bad debt in the year the debt becomes worthless has how lomg to file an amended return
Answer: You must deduct a bad debt in the year it becomes worthless. If you realize you could have reported and taken a deduction for an unpaid debt years ago but didn't, you generally have only three years to amend your return in order to claim it on your tax return.
HOPE THIS HELPS
Select the correct answer from each drop-down menu.
Complete the following sentences related to IT policy in a workplace.
You can instill a sense of trust in your
You can also install an Internet
by allowing them to use the Internet for
system to protect the data in your systems.
use for a limited time.
Answer:
You can instill a sense of trust in your employees by allowing them to use the Internet for personal use for a limited time.You can also install an Internet security system to protect the data in your systems.
Explanation:
Answer:
Clean your screen
Explanation:
ts dirty
Holly's salary is $80,000 per year. She contributes 10% of her salary to her 401(k) plan. Her employer contributes 5% of her salary to a profit share plan. She also contributes $2,500 per year to an IRA. Holly's savings ratio is
Based on the amount that Holly contributes per year, her savings ratio can be said to be 18.1%.
Savings RatioPercentage of annual salary that is contributed to retirement funds. Includes savings made by employer.Holly's savings are:
= (10% + 5%) of salary + Contribution to IRA
= (15% X 80,000) + 2,500
= $14,500
Savings ratio is:
= Savings / Annual salary
= 14,500 / 80,000
= 18.1%
In conclusion, savings ratio is 18.1%.
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⦁ Give me an example of how you have demonstrated safe work practices.
An example of safe work practices is cleaning and maintaining equipment and tools.
Safe work procedures are instructions on how to execute work in a safe manner and are essential for all hazardous jobs performed at your business. They identify dangers and explain what has to be done to remove or reduce risks.
Cleaning and maintaining equipment and tools properly can help to avoid accidents and injuries, as well as costly repairs. One method is to keep a cleaning and maintenance routine. Make a record of all equipment in use, noting important areas that require inspection.
Therefore, maintenance of equipment is how we can demonstrate safe work practices.
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Equipment and tool maintenance and cleaning are two examples of safe work practices.
All hazardous operations carried out at your company must follow safe work procedures, which are guidelines for how to carry out work in a safe manner. They point out risks and describe what has to be done to eliminate or lessen them.
Proper equipment and tool maintenance can reduce the risk of accidents, injuries, and expensive repairs. Maintaining a cleaning and maintenance schedule is one strategy. Make a list of all the equipment that is in use, noting any crucial locations that need inspection.
As a result, maintaining the equipment is how we can show safe working practices.
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Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek appointments. He has gathered the following data:
Week #Students
6 Weeks ago 83
5 Weeks ago 110
4 Weeks ago 95
3 Weeks ago 80
2 Weeks ago 65
Last week 50
What is this week's forecast using exponential smoothing with alpha = 0.2, if the forecast for two weeks ago was 90?
a. 49
b. 77
c. 52
d. 50
c. 65
Answer:
b. 77
Explanation:
The formula for forecasting is :
\(F_{t}\) = \(\alpha D_{t-1}\) + (1 - \(\alpha\)) \(F_{t-1}\)
where \(F_{t}\) is forecast for the period and \(D_{t}\) is the actual demand for the period.
Last week forecast is = \(\alpha\) * Demand 2 weeks ago + (1 - \(\alpha\)) * Forecast 2 weeks ago
0.2 * 65 + (1 - .02) * 90 = 13
Current week forecast is = \(\alpha\) * Demand Last weeks + (1 - \(\alpha\)) * Forecast Last weeks
0.2 * 50 + (1 - 0.2) * 83 = 77.
You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture
Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.
What is Accounting?Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.
T Accounts should be made as follows.
Assets
DR $1500 Computers
DR $650 Furniture
DR $334 Van Payment
Expenses
DR $420 Office Supplies
DR $250 Electric Company
DR $100 Water
DR $250 Office Supplies
Petty Expenses
DR $150 Steak House
DR $100 Fuel Stop
The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.
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Which of the following would be a balanced set of measures for any given project?A. Input measures, process measures and output measuresB. Output measures onlyC. Effectiveness measures onlyD. Cycle time measures only
Answer:
A. Input measures, process measures and output measures
Explanation:
A project should have all of the following measures.
Input Measures
To ealuate the performance of the project we should measure the resource being used in the project.
Process Measure
In processing phase we should have controls over the resource to get the required output.
Output measure
We should measure the output that a process gives after processing on the resources being input in the process.
Please Help!!!!
What are some reasons that companies might not be addressing Gen Y leadership development programs? Discuss
Due to the way they were taught, Generation Y really has a propensity to struggle with problem solving, failing, accepting and learning from errors, and having realistic expectations. Independence, accountability, and responsibility are all reduced.
What tactics should managers take when interacting with Generation Y workers?What Every Manager Needs to Know About Managing Generation Y
Help them get used to working there without alarming or insulting them.Provide them trustworthy educational experiences that will enable them to be successful in their careers.Prevent them from self-destructing.What can be a drawback for Gen Y workers?The stereotypes about millennials include being too relaxed, impatient, and lazy. Employers of Generation Y workers say that these people have low standards for pay, a poor work ethic, and difficulty focusing and concentrating. They seem to be hopping jobs in an outrageous manner.
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The night manager of Dixie Transportation Service, who had no accounting background, preparcd
the following balance sheet for the company at February 28, 2009.The dollar amounts were taken
directly from the company's accounting records and are correct. However, the balance shect con-tains a number of errors in its headings, format, and the classification of assets, liabilities, and owners equity.
To create an accurate and informative balance sheet, the night manager of Dixie Transportation Service should correct the headings, reformat the statement to present assets, liabilities, and owner's equity vertically, and classify the items correctly according to their nature and duration.
The provided balance sheet contains several errors in its headings, format, and classification of assets, liabilities, and owner's equity.
The balance sheet is a financial statement that reports a company's financial position at a specific point in time. However, the given balance sheet has a number of issues that need to be addressed.
Firstly, the balance sheet lacks proper headings, such as the company name, date, and the title "Balance Sheet." These headings are essential to provide context and clarity to the financial statement.
Secondly, the format of the balance sheet needs improvement. Assets, liabilities, and owner's equity should be presented in a vertical format, with assets listed first, followed by liabilities and owner's equity. The current presentation mixes these categories, making it difficult to distinguish between them.
Thirdly, the classification of assets, liabilities, and owner's equity is incorrect. The balance sheet fails to differentiate between current and non-current assets and liabilities.
Moreover, it does not provide separate categories for long-term liabilities and owner's equity components like common stock and retained earnings.
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Research title related to ABM
Answer:
They are: business, marketing, accounting, project management, and human resources.
Hope it helps...
The Financial Institutions Reform Recovery and Enforcement Act (FIRREA) of 1989 introduced the qualified thrift lender test (QTL), which set the percentage of assets required for qualification to be no less thanA. 50 percent.B. 55 percent.C. 60 percent.D. 65 percent.E. 68 percent.
The correct answer is C. 60 percent.
The Financial Institutions Reform Recovery and Enforcement Act (FIRREA) of 1989 introduced the qualified thrift lender test (QTL), which set the percentage of assets required for qualification to be no less than 60 percent.
This means that in order to qualify as a thrift lender, an institution must have at least 60 percent of its assets in residential mortgage loans, consumer loans, and other assets that qualify as thrift assets.
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"Aria Perfume, Inc., sold 3,210 boxes of white musk soap during January of 2021 at the price of $90 per box. The company offers a full refund to unsatisfied customers for any product returned within 30 days from the date of purchase. Based on historical experience, Aria expects that 3% of sales will be returned. How many performance obligations are there in each sale of a box of soap? How much revenue should Aria recognize in January?"
Answer:
The amount of revenue recognize in January is $280,233.
Explanation:
Sales price = Number of boxes sold * Selling price per box
= 3,210 boxes * $90
= $288,900
Sales return = Sales price * % of sales return
= $288,900 * 3%
= $8,667
Revenue recognized in January = Sales price - Sales return
= $288,900 - $8,667
= $280,233
Hence, the amount of revenue recognize in January is $280,233.
Haylock Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 7,800 direct labor-hours will be required in August. The variable overhead rate is $1.20 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $100,560 per month, which includes depreciation of $8,790. All other fixed manufacturing overhead costs represent current cash flows. The August cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Answer:
Total cash= $101,130
Explanation:
Giving the following information:
Estimated direct labor hours= 7,800
The variable overhead rate is $1.20 per direct labor-hour.
The company's budgeted fixed manufacturing overhead is $100,560 per month, which includes depreciation of $8,790.
We need to deduct the depreciation expense because it is not a cash disbursement.
Cash disbursement:
Variable overhead= 7,800*1.2= $9,360
Fixed overhead= (100,560 - 8,790)= $91,770
Total cash= $101,130
Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019.
April May June
Credit sales $ 689,000 $ 598,000 $ 751,000
Credit purchases 302,000 282,000 338,000
Cash disbursements
Wages, taxes, and expenses 137,000 129,000 179,000
Interest 15,600 15,600 15,600
Equipment purchases 53,500 6,600 248,000
The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2019, credit sales were $561,000.
Using this information, complete the following cash budget: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
Explanation:
CRENSHAW, INC.
Cash Budget
For the Quarter Ending June 30, 2019
April May June Total
Beginning cash balance
Add cash collections from:
March credit sales $ 0 $ 0 $ 561,000 $ 561,000
April credit sales 34,450 482,600 413,700 930,750
May credit sales 479,600 523,300 0 1,002,900
Total cash collections 514,050 1,005,900 974,700 2,494,650
Total cash available 514,050 1,005,900 1,535,700 3,055,650
Less cash disbursements for:
Wages, taxes, and expenses 137,000 129,000 179,000 445,000
Interest 15,600 15,600 15,600 46,800
Equipment purchases 53,500 6,600 248,000 308,100
Total cash disbursements 206,100 151,200 442,600 799,900
Ending cash balance $ 307,950 $ 854,700 $ 1,093,100 $ 2,255,750
Note: Cash collections were calculated as follows:
April credit sales collected in April: $689,000 × 35% = $241,150
April credit sales collected in May: $689,000 × 60% = $413,400
May credit sales collected in May: $598,000 × 35% = $209,300
May credit sales collected in June: $598,000 × 60% = $358,800
June credit sales collected in June: $751,000 × 35% = $262,850
Total cash collections: $241,150 + $413,400 + $209,300 + $358,800 + $262,850 = $1,485,500.
Select all the correct answers.
Which three statements are true as they relate to supply and demand?
As supply rises, prices generally decrease.
As demand decreases, costs generally increase.
OOOOO
As supply decreases, prices increase.
The average rate of change describes how much a quantity changes as price increases.
As demand rises, the price of the product decreases.
Answer:
As supply rises, prices generally decrease.
As supply decreases, prices increase.
The average rate of change describes how much a quantity changes as price increases.
Explanation:
I beleve these are your 3 answers
Which of the following is NOT one of the steps taken in the financial planning process? a. Develop a set of forecasted financial statements under alternative versions of the operating plan in order to analyze the effects of different operating procedures on projected profits and financial ratios. b. Consult with key competitors about the optimal set of prices to charge, i.e., the prices that will maximize profits for our firm and its competitors. c. Forecast the funds that will be generated internally. If internal funds are insufficient to cover the required new investment, then identify sources from which the required external capital can be raised. d. Determine the amount of capital that will be needed to support the plan. e. Monitor operations after implementing the plan to spot any deviations and then take corrective actions.
Answer:
B)Consult with key competitors about the optimal set of prices to charge, i.e., the prices that will maximize profits for our firm and its competitors.
Explanation:
The financial planning process can be regarded as series of steps which states best way of using money and investments as well as other assets so that financial goals can be potentially achieved. Most of the financial plans has its focus savings of goals as well as payoff goals even estate planning goals so that roadmap to financial freedom can be set.
The steps that can be taken in the financial planning process are;
✓ Forecast the funds that will be generated internally. If internal funds are insufficient to cover the required new investment, then identify sources from which the required external capital can be raised.
✓Develop a set of forecasted financial statements under alternative versions of the operating plan in order to analyze the effects of different operating procedures on projected profits and financial ratios
✓Determine the amount of capital that will be needed to support the plan. e. Monitor operations
Jenna holds a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. Jenna plans to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.80. What will the portfolio's new beta be?
A) 1.286.
B) 1.255.
C) 1.224.
D) 1.194.
E) 1.165.
Answer:
E) 1.165
Explanation:
none :)
$1.165 will the portfolio's new beta be. Hence, As Jenna holds a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. Hence, option E is correct.
What is portfolio?a grouping of illustrations, papers, etc. that exhibits someone's work, notably that of an artist: She is working to compile a portfolio of her accomplishments for employment interviews.
According to the definition of a portfolio, it is a collection of various assets that investors own. The aforementioned group of financial assets could also include valuable items like gold, equities, funds, derivatives, real estate, cash equivalents, bonds, etc.
A portfolio is a collection of a person's photographs or images of samples of their work that they use to submit applications for jobs or contests.
A portfolio is a collection of work that a learner has created, maintained, and developed. Portfolios may include details on the learner, their experiences learning, and samples of their work.
Thus, option E is correct.
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Marco, Jaclyn, and Carrie formed Daxing Partnership (a calendar-year-end entity) by contributing cash 10 years ago. Each partner owns an equal interest in the partnership and has an outside basis in his/her partnership interest of $104,000. On January 1 of the current year, Marco sells his partnership interest to Ryan for a cash payment of $137,000. The partnership has the following assets and no liabilities as of the sale date:
Tax Basis FMV
Cash $ 18,000 $ 18,000
Accounts receivable 0 12,000
Inventory 69,000 81,000
Equipment 180,000 225,000
Stock investment 45,000 75,000
Totals $ 312,000 $ 411,000
The equipment was purchased for $240,000, and the partnership has taken $60,000 of depreciation. The stock was purchased seven years ago.
4.
value:
1.00 points
Required information
a. What are the hot assets [§751(a)] for this sale? (Select all that apply.)
Accounts receivable
Inventory
Stock investment
Potential depreciation recapture in the equipment
References
eBook & Resources
Difficulty: 2 MediumLearning Objective: 21-01 Determine the tax consequences to the buyer and seller of the disposition of a partnership interest, including the amount and character of gain or loss recognized.
5.
value:
1.00 points
Required information
b. What is Marco’s gain or loss on the sale of his partnership interest?
References
eBook & Resources
ProblemDifficulty: 2 MediumLearning Objective: 21-01 Determine the tax consequences to the buyer and seller of the disposition of a partnership interest, including the amount and character of gain or loss recognized.
Check my work
6.
value:
1.00 points
Required information
c. What is the character of Marco’s gain or loss?
$23,000 ordinary income and $10,000 capital gain
$10,000 ordinary income and $23,000 capital gain
$33,000 ordinary income
$33,000 capital gain
None of these
References
eBook & Resources
Difficulty: 2 MediumLearning Objective: 21-01 Determine the tax consequences to the buyer and seller of the disposition of a partnership interest, including the amount and character of gain or loss recognized.
Check my work
7.
value:
1.00 points
Required information
d. What are Ryan’s inside and outside bases in the partnership on the date of the sale?
Answer:
I have no idea
Explanation:
I apologize
a) The hot assets according to [§751(a)] for this sale are:
a. Accounts receivableb. Inventoryd. Potential depreciation recapture in the equipment.b) Marco’s gain or loss on the sale of his partnership interest is $33,000 ($137,000 - $104,000).
c) The character of Marco’s gain or loss is d. $33,000 capital gain.
d) Ryan’s inside and outside bases in the partnership on the date of the sale are $137,000 ($411,000/3).
What are hot assets in a partnership?Hot assets refer to these assets: "unrealized receivables" and "inventory items," which generate ordinary business income when sold.
The hot assets also include, in this instance, the "unrealized depreciation recapture" in the equipment of the partnership.
Data and Calculations:Tax Basis FMV
Cash $ 18,000 $ 18,000
Accounts receivable 0 12,000
Inventory 69,000 81,000
Equipment 180,000 225,000
Stock investment 45,000 75,000
Totals $ 312,000 $ 411,000
Question Completion:The equipment was purchased for $240,000, and the partnership has taken $60,000 of depreciation. The stock was purchased seven years ago.
a. What are the hot assets [§751(a)] for this sale? (Select all that apply.)
a. Accounts receivable
b. Inventory
c. Stock investment
d. Potential depreciation recapture in the equipment
b. What is Marco’s gain or loss on the sale of his partnership interest?
c. What is the character of Marco’s gain or loss?
a. $23,000 ordinary income and $10,000 capital gain
b. $10,000 ordinary income and $23,000 capital gain
c. $33,000 ordinary income
d. $33,000 capital gain
e. None of these
d. What are Ryan’s inside and outside bases in the partnership on the date of the sale?
The hot assets according to [§751(a)] for this sale are Accounts receivable, Inventory, and the potential depreciation recapture in the equipment because they generate ordinary business income when sold.
Learn more about partnership interest at https://brainly.com/question/23287300