Waterway Inc. issues $3,500,000 of 7% bonds due in 15 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 12%. Click here to view factor tables What amount will Waterway receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to 0 decimal places, e.g. 458,581.) Amount received by Waterway when bonds were issued

Answers

Answer 1

Waterway Inc. receives less than $3,500,000 in 7% bonds due 15 years, based on market interest rate and future cash flows.

To determine the amount Waterway Inc. will receive when it issues the bonds, we need to calculate the present value of the bond's future cash flows. The cash flows consist of periodic interest payments and the principal repayment at maturity.

Given that the market rate of interest for similar bonds is 12%, which is higher than the bond's coupon rate of 7%, the bonds will be issued at a discount. This means the present value of the bond's cash flows will be less than the face value.

Using the present value factor tables and the bond's characteristics (face value, coupon rate, market interest rate, and maturity), we can calculate the present value of the bond.

The present value represents the amount Waterway Inc. will receive when it issues the bonds.

By applying the present value calculations, we can determine the exact amount received by Waterway Inc.

when the bonds are issued. The calculation involves discounting the future cash flows based on the market interest rate to determine their present value.

The resulting present value represents the amount that Waterway Inc. will receive.

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Related Questions

what is a milestone?

Answers

A milestone is a significant event or achievement in a particular development, project, or field that marks a notable progress or change. It serves as a benchmark, indicating that certain objectives have been met and that the next stages of progress can commence.

For example, in the field of technology, reaching a certain level of computing power can be considered a milestone, or in history, a country gaining independence can be considered a milestone in its political development.

In personal development, reaching a certain age or completing a specific education can also be considered milestones. Achieving a personal goal, such as running a marathon, can also be considered a milestone in one's physical and mental progress.

It is important to recognize milestones because they give us a sense of accomplishment and help us reflect on our progress. They can also provide us with motivation and inspiration to continue working towards our future goals.

Milestones can be small or large, and can happen at any stage of life or development. Regardless of their size, milestones are important markers of growth and should be celebrated and acknowledged.

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Question 7 of 10
Which of the following tells you what your gross and net income was for a
particular pay period?
A. W-4 form
B. Pay check
C. Tax return
D. Pay stub

Answers

Answer:

d. pay stub

Explanation:

Pay stub tells you what your gross and net income was for a particular pay period. The appropriate response is option D.

What is Pay stub?

An employer's pay stub is a record that lists an employee's gross pay, deductions from that pay, and net compensation. Paychecks are produced together with pay stubs.

Employees get a pay stub along with their paycheck that contains information about their gross pay, deductions made from it, and final net pay. Pay stubs should include information on tax deductions, health insurance premiums, and retirement contributions.

Your company will provide you with a non-binding pay stub that details your gross pay, benefits received, and net pay. Lenders, prospective employers, and other organizations utilize it to comprehend your earnings.

The appropriate response is option D.

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importance of entrepreneurship​

Answers

Answer:

Entrepreneurship is important, as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs but also for related businesses. Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.

which u.s. department of veterans affairs program allows a veteran to refinance a conventional loan to a va loan?

Answers

VA streamline is the program allows a veteran to refinance a conventional loan to a VA loan.

Conventional loan:

Conventional loan means any mortgage loan that is not insured or guaranteed by the government.

Given,

Here we need to find in which US department of veterans affairs program allows a veteran to refinance a conventional loan to a VA loan.

The process called VA streamline allows a qualified borrower to refinance to a lower interest rate at less cost and with less paperwork compared to what was originally required for the conventional loan.

So, the answer for this one is VA streamline.

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The texas constitution requires a balanced budget.
a. True
b. False

Answers

The statement "a balanced budget is required by Texas's constitution" is (A) TRUE.

What is Texas Constitution?

The upkeep of our free institutions and the longevity of the Union depend on the preservation of the right to local self-government, which is unaffected by any State boundaries.

Texas is a free and autonomous State that is only bound by the US Constitution.

According to the Texas Constitution, Texas must maintain a balanced budget.

During any fiscal biennium, the state is only permitted to spend up to the amount of money it anticipates receiving.

It is well known that Texas is a free and autonomous state.

They are claimed to solely be governed by the US Constitution here.

Therefore, the statement "a balanced budget is required by Texas's constitution" is (A) TRUE.

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Match the action needed to increase profits with the reason a business might fail.
A small company, especially a store, usually has a better chance of succeeding if it is in an area with other businesses because it can draw in new customers.

A) poor management

B) competition

C) bad location

D) finances

Answers

Answer:

C, bad location

Explanation:

Competition is needed for a successful company otherwise monopolies rise and so can potential prices. The reason a business might fail is bad location so to counter this they can move to a more densely populated area.

Bad location is the action needed to increase profits with the reason a business might fail. The correct is option C.

Why is the location of a store important?

It's a popular belief that finding a decent location is essential for drawing clients. Supply and distribution are also made simpler at a conveniently positioned store. The ability of a retailer to sell itself and contend with the competition it faces from other businesses can be influenced by location.

The greatest employees are hard to find and keep, and many are quite particular about where they work in order to achieve the ideal work-life balance. A company's performance over the long run can be considerably improved by wise location choices. Poor ones can cost millions in lost capital, talent, and production.

Thus, the ideal option is C.

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The direct exchange rate is $1.43/€1. What is the indirect exchange rate approximately? A. €1/$1.43 B. $1.43/€1 C. €1/$0.70 D. $0.70/€1

Answers

Answer:

Explanation:The indirect exchange rate is the reciprocal of the direct exchange rate. Therefore, to approximate the indirect exchange rate, we can take the reciprocal of $1.43/€1:

1/($1.43/€1) ≈ €0.70/$1

Therefore, the approximate indirect exchange rate is €0.70/$1, which corresponds to option (C).

The indirect exchange rate is the reciprocal of the direct exchange rate. Therefore, the approximate indirect exchange rate would be €1/$1.43 (Option A).
The direct exchange rate is given as $1.43/€1. To find the indirect exchange rate, we need to find the reciprocal of the direct exchange rate.

1. Calculate the reciprocal by dividing 1 by the direct exchange rate:
1 / $1.43 = €0.6993 (approximately)

2. Since the indirect exchange rate is expressed in terms of the other currency, we have:
€1 / $0.6993

3. Round the result to two decimal places:
€1 / $0.70

So the indirect exchange rate is approximately €1/$0.70, which corresponds to answer C.

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The Finley Company plans to produce 25,000 units during July. It plans to sell 26,000 units in July. Each unit of finished product requires 2 pounds of direct material X. This direct material costs $4 per pound. The July 1 inventory of X is 2,000 pounds, and the desired July 31 inventory of X is 1,000 pounds. The cost of material X purchases in July is planned to be: Group of answer choices

Answers

The cost of the material X purchased in July should be $196,000.

The cost of material X purchased be:

Material required for production (25,000 units × 2 pound per unit) 50,000 pounds

Add: Desired closing inventory 1,000 pounds

Total requirement 51,000 pounds

Less: Opening inventory - 2,000 pounds

Material to be purchased 49,000 pounds

Multiply with Cost of material $4 per pound

Total cost of purchases $196,000

Therefore we can conclude that the cost of the material X purchased in July should be $196,000.

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How education is medium to enhance the ability of human beings?​

Answers

For the sake of argument let’s consider education to be defined as the act of schooling and subsequent intellectual upbringing (which obviously varies but let’s consider it as true)

The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.

In a small company's accounting department, the accounts receivable coordinator often takes the role of the ___.

Answers

Answer: B. credit and collection manager

Explanation:

In a small company, employees will typically have to act in more than one role but usually in roles that are related. As the Accounts Receivable coordinator, the closest role in the options would be that of Credit and Collection manager.

As Accounts receivable coordinator, the person is in charge of the accounts of those who owe the company so that there are no problems in payments, records or other errors and problems.

As Credit and Collection manager, their jobs will be similar as the credit and collection manager is in charge of evaluating potential debtors as well as following up on actual debtors to ensure that they pay what they owe the company.

Where can i withdraw money from my emerald card for free

Answers

You can withdraw money from your Emerald Card for free at various locations, including MoneyPass ATMs and Walmart MoneyCenters.

The Emerald Card is a prepaid debit card offered by H&R Block for tax refunds and other financial services. When it comes to withdrawing money from your Emerald Card, there are several options available. One of the most convenient and cost-effective ways is to use MoneyPass ATMs. MoneyPass is a network of ATMs that offer surcharge-free withdrawals for Emerald Cardholders. By using a MoneyPass ATM, you can avoid paying additional fees for your cash withdrawals.

Another option for free withdrawals is Walmart MoneyCenters. Many Walmart locations have MoneyCenters where you can withdraw money from your Emerald Card without incurring any fees. These MoneyCenters provide a range of financial services, including check cashing and money transfers.

However, it's important to note that there may be fees associated with certain transactions or when using ATMs outside of the designated network. Non-network ATMs may charge their own surcharge fees, which would be separate from any fees imposed by H&R Block or the Emerald Card. It's recommended to review the terms and conditions of your Emerald Card and check for any applicable fees before making withdrawals to ensure you are aware of any potential charges.

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Which of the following refers to the balance an account is always supposed to have?

Normal balance

Debits

Credits

Double-entry system

Answers

Answer:

Normal balance

Explanation:

Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification.  Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.

Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.

HELP PLEASE

Companies create a division of labor among employees in order to:

O A. reduce the opportunity cost for hiring new employees.

O B. make it easier to shift employees between different jobs.

O C. allow each employee to perform one task at a high level.

O D. gain access to more human and physical capital.

Answers

Answer:

D

Explanation:

companies do this so everyone is more proficient with their bodies and their work

how much does it cost to trademark a business name ?

Answers

You should budget between $250 and $750 when submitting an application to the USPTO to federally trademark your company name.

What is trademark?A trademark is a form of intellectual property that consists of a recognisable sign, design, or expression that links goods and services from one source to another. Any person, company, or other legal body can be the owner of a trademark. Any word, phrase, symbol, design, or combination of these that sets your goods or services apart from those of competitors is referred to as a trademark. It's how customers recognise you in the marketplace and differentiate you from your competitors.Trademarks can refer to both trademarks and service marks. Copyright rules generally protect the creators of musical, dramatic, artistic, and other sorts of intellectual works (like history tests, and software code).

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a project manager wants to minimize risk and provide some independent checks and balances on contractor work. which contract model should the organization use?

Answers

The organization should use Construction management.

What is Construction Management?
Construction management is a specialized service that gives project owners effective control over the project's budget, timeline, scope, quality, and function. All project delivery techniques are compatible with construction management. No of the situation, the owner and a successful project are the duty of the construction manager (CM).

Three partners, excluding the CM, make up a capital project at its core:

The owner, who commissions the project and either provides direct funding for it or does so in a number of other ways.The project's designer, the architect or engineer.The general contractor is in charge of managing subcontractors and supervising daily activities.

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Report the total quality costs by category. If sales for the period are $1, 400,000, calculate the quality costs in Problem 1 as a percentage of sales. What conclusions can be drawn? What are the advantages and disadvantages of reporting quality costs as a percentage of sales?

Answers

The total quality costs for Problem 1 can be calculated as follows: Prevention Costs: $120,000; Appraisal Costs: $15,000; Internal Failure Costs: $30,000; External Failure Costs: $10,000. The total quality costs are then $175,000.



To calculate the quality costs as a percentage of sales, divide the total quality costs by sales ($175,000/$1,400,000). This yields a quality costs as a percentage of sales of 12.5%.



By calculating the quality costs as a percentage of sales, it can be seen whether a business is using resources efficiently and achieving the desired quality standards. However, it does not take into account potential costs associated with correcting a product or service that could result in lost revenue or customer dissatisfaction.

Therefore, it is important to consider other factors, such as customer satisfaction and compliance with quality standards, when assessing quality costs.

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The options strategy of a Bull Put Spread is best described by: Short a call with a strike price higher than the put you are long, on the same underlying asset Long a put with a strike price lower than the put you are short, on the same asset None of the answers Long a put with a strike price higher than the put you are short, on the same underlying asset Short a put with a strike price lower than the call you are long, on the same underlying asset

Answers

Answer:

Long a call with a strike price lower than the call you are short, on the same underlying asset

Explanation:

A bull put spread would involve one short put having a high strike price and 1 long put having a less strike price. It would be created for the net amount collected and the profits arise from increase in the stock price or from time erosion or from both the things

The option strategy that should be best described is that the call would be long having a strike price less than the short call for the similar underlying asset  


Assume the marginal propensity to consume (MPC) is 0.75 and
consumption is $600 million when income equals to zero and
autonomous investment is $300 million. What is the value of
national income?

Answers

Aggregate expenditure (AE) is equal to national income (Y), we can conclude that the value of national income is $900 million.

To find the value of national income, we can use the formula for aggregate expenditure (AE):

AE = C + I + G + (X - M)

Where:
C = consumption
I = investment
G = government spending
X = exports
M = imports

In this case, the question provides us with the values for consumption (C) and investment (I), but not for government spending, exports, or imports. However, we can assume that they are not given because they are not relevant to the calculation.

Given that the marginal propensity to consume (MPC) is 0.75, we can calculate the value of consumption (C) using the formula:

C = MPC * (Y - T)

Where:
Y = national income
T = taxes

In the question, it states that consumption is $600 million when income equals zero. This implies that taxes are also zero. Substituting these values into the equation, we have:

$600 million = 0.75 * (0 - 0)

Simplifying the equation, we get:

$600 million = 0.75 * 0

Since any number multiplied by zero is zero, we can conclude that the value of consumption (C) is zero when national income (Y) is zero.

Now, let's find the value of national income (Y) using the equation for aggregate expenditure:

AE = C + I

Substituting the given values into the equation, we have:

AE = $600 million + $300 million

Simplifying the equation, we get:

AE = $900 million

Since aggregate expenditure (AE) is equal to national income (Y), we can conclude that the value of national income is $900 million.

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which of these agencies administers federal labor management relation laws

Answers

The agency that administers federal labor management relation laws in the United States is the National Labor Relations Board (NLRB).

The NLRB is an independent federal agency responsible for enforcing and interpreting the National Labor Relations Act (NLRA), which governs the relationship between employers, employees, and labor unions. The NLRB's primary role is to protect employees' rights to engage in collective bargaining, to prevent and remedy unfair labor practices, and to ensure a fair and stable labor-management relationship in the private sector. The agency investigates complaints, conducts elections for union representation, and adjudicates cases related to labor disputes and unfair labor practices.Its main goal is to protect employees' rights to engage in collective bargaining and to ensure fair labor practices and stable labor-management relations.

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Clothing designed for people with mobility or sensory challenges is called: Accommodation Attire Adaptive Clothing Perceptive Clothing Flexible Attire ​

Answers

Clothing designed for people with mobility or sensory challenges is called Adaptive Clothing. Option B

What is adaptive clothing?

Adaptive clothing is clothing designed to meet the needs of people with physical or cognitive disabilities. It is designed to be comfortable, functional, and easy to wear for people who may have difficulty dressing themselves due to mobility, sensory or other challenges.

Adaptive clothing is designed to be comfortable, functional, and easy to wear for people who may have difficulty dressing themselves due to physical or cognitive limitations. It may feature adaptive features such as Velcro or magnetic closures, open-back or side-zippered shirts and pants, and other modifications that make it easier to put on and take off.

Adaptive clothing is designed for people with mobility or sensory challenges to provide people with disabilities greater independence and a better quality of life.

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The use of government taxes and spending to alter macroeconomic outcomes is known as.

Answers

Fiscal policy.

The use of government taxes and spending to alter economic outcomes is known as Fiscal policy. Payments to individuals for which no current goods or services are exchanged are known as Income transfers.

When the government decreases taxes, disposable income increases. That translates to higher demand (spending) and increased production (GDP). So, the fiscal policy prescription for a sluggish economy and high unemployment is lower taxes. Spending policy is the mirror image of tax policy.

Fiscal policy refers to the use of the government budget to affect the economy. This includes government spending and levied taxes. The policy is said to be expansionary when the government spends more on budget items such as infrastructure or when taxes are lowered.

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Word of mouth promotion is also known as what?

Answers

Answer:

Word-of-mouth advertising (WOM advertising), also called word of mouth marketing, is the process of actively influencing and encouraging organic word of mouth discussion about a brand, organization, resource, or event.

Explanation:

hope this helps, pls mark brainliest :D

Word-of-mouth advertising is another name for viral marketing.

What is Word-of-mouth promotion?

The technique of deliberately influencing and supporting organic word-of-mouth talk about a brand, organization, resource, or event is known as word-of-mouth advertising (WOM advertising), sometimes known as word-of-mouth marketing.

A corporation can reach new audiences and establish a solid brand reputation by using word-of-mouth marketing. Businesses can enhance profitability, draw in new clients, and strengthen their bonds with current consumers by utilizing this distinctive and natural kind of marketing.

The type of rewards utilized has a significant impact on the effectiveness of word-of-mouth marketing. The employment of incorrect incentives to encourage customers or representatives to spread good word of mouth about goods or brands can have negative effects on a business, according to research.

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drawing increase the investment of the owner true or false​

Answers

true

pretty sure this is correct lol
Depends on the case.

Brokeman limited is a manufacturer of a protective product champion for the youth. The workforce
of the company is made up of two categories;
CATEGORY A
Responsible for converting raw materials into finished product. They are
involved in the actual production.
Provide supervisory and support services while actual production is
CATEGORY B
taking place.
The following data has been presented to you as Cost and Management accountant for the month
of November in 2018:
CATEGORY A
(Hours)
66,000
Total hours recorded (clocked out less clocked in}
Details as follows:
Productive hours
Idle time:
Machine Breakdown
Material Shortage
62.875
Overtime
2,125
1.000
66.000
4,500
Basic hourly rate
Group bonus
Leave allowance
Social Security
T.U.C. dues
GHé
125
71.000
25,000
35,500
12,500
CATEGORY B
(Hours)
23,500
23,500
1,875
GHé
100
17,750
13,500
10,125
6.750
Additional information
Overtime is paid 40% of the basic rate, and it is normally to be able to meet the company's
production schedule. For the month of November, 40% of the overtime hours of both categories
of the workforce were to meet the urgent request of a particular customer Baby Nayoka.
Required:
a.
Prepare the Payroll of Brokeman Limited for the month of November 2018.
b
Give the Accounting treatment of the payroll as above in the relevant books of accounts.

Answers

To prepare the payroll of Brokeman Limited for November 2018, we need to calculate the earnings for each workforce category and consider the various components such as basic hourly rate, overtime, group bonus, leave allowance, social security, and T.U.C. dues.

a. Payroll for Brokeman Limited for November 2018:

Category A:

Productive hours: 62,875

Idle time (Machine Breakdown + Material Shortage): 1,000

Overtime: 2,125

Earnings for Category A:

Basic earnings: Productive hours x Basic hourly rate

= 62,875 hours x GHé 125/hour

= GHé 7,859,375

Overtime earnings: Overtime hours x Overtime rate

= 2,125 hours x (GHé 125 x 40%)

= GHé 106,250

Total earnings for Category A:

= Basic earnings + Overtime earnings

= GHé 7,859,375 + GHé 106,250

= GHé 7,965,625

Category B:

Total hours: 23,500

Idle time: 1,875

Earnings for Category B:

Basic earnings: Total hours x Basic hourly rate

= 23,500 hours x GHé 100/hour

= GHé 2,350,000

Total earnings for Category B:

= Basic earnings

= GHé 2,350,000

b. Accounting treatment of the payroll:

Debit the "Wages Expense" account with the total earnings for Category A and Category B.

Wages Expense: GHé 7,965,625 (Category A) + GHé 2,350,000 (Category B)

Credit the "Cash" account with the total amount paid to the employees.

Cash: GHé 7,965,625 (Category A) + GHé 2,350,000 (Category B)

Credit the relevant liability accounts with the deductions:

Credit the "Group Bonus Payable" account with the group bonus amount.

Credit the "Leave Allowance Payable" account with the leave allowance amount.

Credit the "Social Security Payable" account with the social security amount.

Credit the "T.U.C. Dues Payable" account with the T.U.C. dues amount.

The specific accounts used may vary based on the company's chart of accounts and accounting practices. It's important to consult with the company's specific accounting policies and guidelines for accurate recording of the payroll in the books of accounts.

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what is human resources in south Africa​

Answers

Explanation:

Human resources refer to a country's population, their skills and abilities

Picture is below of the question

Picture is below of the question

Answers

If the owner had Sales Revenue of $100,000 for the previous year, then the Sales Growth is 50%.

What is Sales Growth?  

Sales growth is the rate at which a company's sales revenue increases over a given period of time. It is often used to measure the financial health of a company, as it indicates how quickly the company is growing. Sales growth is typically calculated by comparing the sales revenue of the current period to the sales revenue of the same period in the prior year. If the sales revenue has increased, the company has experienced positive sales growth. Conversely, if the sales revenue has decreased, the company has experienced negative sales growth. Sales growth can also be measured using other metrics, such as the number of units sold or the number of new customers gained. When analyzing a company's sales growth, investors and analysts often look at the company's historical sales growth rate and compare it to the industry average.

Calculation: (150,000 - 100,000) / 100,000 = 0.5 x 100 = 50%

Therefore, the Sales Growth is 50%.

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Leadership brands involves identifying your assets--strengths, skills, and other desirable characteristics--and packaging them in a manner that enhances leadership efficacy and credibility.

Answers

Leadership brands are a way to establish a strong personal brand as a leader by identifying and showcasing your unique strengths, skills, and desirable characteristics.

This involves creating a personal brand that is aligned with your values and leadership style, and communicating this brand to others through your actions and communication. By developing a strong leadership brand, you can enhance your credibility as a leader, build trust with others, and create a clear vision for the future. Additionally, having a strong leadership brand can help you attract and retain top talent, as well as create a positive work culture that supports your organization's goals and values.

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PA10-3 Evaluating Managerial Performance, Proposed Project Impact on Return on Investment, Residual Income [LO 10-4, 10-5]. Wescott Company has three divisions: A, B, and C. The company has a hurdle rate of 8 percent. Selected operating data for the three divisions are as follows:
Division A Division B Division C
Sales revenue $ 1,255,000 $ 920,000 $ 898,000
Cost of goods sold 776,000 675,000 652,000
Miscellaneous operating expenses 64,000 52,000 53,100
Interest and taxes 48,000 41,000 41,500
Average invested assets 8,300,000 1,930,000 3,215,000. Wescott is considering an expansion project in the upcoming year that will cost $5 million and return $450,000 per year. The project would be implemented by only one of the three divisions.
Required:
1. Compute the ROI for each division. (Do not round your intermediate calculations.)
2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign.)
3.Rank the divisions according to the ROI and residual income of each.
4-a. Compute the return on the proposed expansion project.
4-b. Is this an acceptable project? No Yes
5.Without any additional calculations, state whether the proposed project would increase or decrease each division’s ROI and state whether the division manager would accept or reject the proposed project.
6. Compute the new ROI and residual income for each division if the project was implemented within that division. (Loss amounts should be indicated by a minus sign. Do not round your intermediate calculations. Round "ROI" answers to 2 decimal places.

Answers

A capital project called an expansion project involves a company expanding its operations.

Explain about the capital project?

A capital project is a protracted, money-intensive attempt to increase, improve, or repair a capital asset. Capital projects differ from other types of investments in terms of their size and cost since they demand more planning and resources.

If an asset is used to support a company's activities and has a minimum one-year useable life, it is regarded as a capital asset. On the other hand, if an asset has an useable life of at least one year and has no impact on a company's main cash-generating operations, it is regarded as a non-capital asset.

When purchasing capital assets, you need to create a project with clearly defined beginning and ending points.

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a financial institution and a business establish an arrangement that defines a maximum loan balance the institution allows the business to maintain. what banking service is this an example of?

Answers

The banking service is an example of a line of credit.

A line of credit is a form of loan provided to a person, business, or government, and it defines the maximum loan amount a client may borrow. It entails some sort of agreement among a financial institution and a client. Borrowers can use an open-end credit account to make purchases, pay back their debt, and then make other purchases.

Customers or borrowers may use the line of credit to access funds as long as they stay within the agreed-upon maximum since they must not go over the limit. The line of credit loan is subject to a certain duration and interest rate for repayment. It typically permits the borrower to use checks or drafts to obtain the specific loan.

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How is the focus group discussion (FGD) used as a method of generating ideas?

Answers

Answer:

The strength of FGD relies on allowing the participants to agree or disagree with each other so that it provides an insight into how a group thinks about an issue, about the range of opinion and ideas, and the inconsistencies and variation that exists in a particular community in terms of beliefs and their experiences ...

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