You invest 59% of your money in Stock A and the rest in Stock B. The standard deviation of annual returns is 54% for Stock A and 60% for Stock B. The covariance between the two stocks is 0.11. What is the standard deviation of annual returns for the combination of the two stocks? Go out three decimal places - for example, write 39.6% as .396.
Answers
To calculate the standard deviation of annual returns for the combination of two stock , we need to consider the weights, variances, and covariance of the stocks.
Let's
of Stock A = wA = 59%
Weight of Stock B = wB = 100% - wA = 41%
Standard deviation of Stock A = σA = 54%
Standard deviation of Stock B = σB = 60%
Covariance between Stock A and Stock B = Cov(A, B) = 0.11
The formula for the standard deviation of a portfolio consisting of two stocks is given by:
σPortfolio = sqrt[(wA² * σA²) + (wB² * σB²) + (2 * wA * wB * Cov(A, B))]
Plugging in the given values, we can calculate the standard deviation of the portfolio:
σPortfolio = sqrt[(0.59² * 0.54²) + (0.41² * 0.60²) + (2 * 0.59 * 0.41 * 0.11)]
= sqrt[0.1407 + 0.1003 + 0.0261]
= sqrt[0.2671]
≈ 0.516
Rounding to three decimal places, the standard deviation of annual returns for the combination of the two stocks is approximately 0.516 or 51.6%.
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Related Questions
please give an example of when you gave exceptional customer service.
Answers
In their previous role as a customer service representative at a retail store, the individual demonstrated exceptional customer service skills during an encounter with a frustrated customer.
When approached by a customer with a defective product, they went beyond a simple return process. Instead, they took the time to empathize with the customer and understand their concerns, actively listening to their feedback and assuring them of a prompt resolution.
With a commitment to exceeding expectations, the individual offered a solution that surpassed the customer's initial expectations. They arranged for a replacement product to be shipped to the customer's home with expedited delivery, minimizing their inconvenience.
Additionally, as a gesture of goodwill, they provided the customer with a personalized discount voucher. Throughout the interaction, the individual maintained a friendly and professional demeanor, addressing all questions and concerns raised by the customer.
Their focus on personalized attention ensured the customer felt valued and appreciated. As a result, the customer's issue was resolved satisfactorily, leaving them with a positive impression of the company's dedication to excellent customer service.
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What is the natural rate of employment?
Answers
"The economic concept that (in the long run) there is a typical rate of employment determined by market forces, which the government can raise only through high inflation.
To calculate the natural rate of employment, add the number of frictional and structural unemployed and divide by the working population. Finally, multiply by 100 to represent percentage.
The natural rate of employment is the lowest rate of unemployment attributable to real or voluntary economic power. The natural rate of unemployment reflects the number of workers who switch from one job to another, the number of unemployed people who have been replaced by technology, or the number of workers who lack the skills to find a job.
The natural rate of unemployment is the lowest rate of unemployment attributable to real or voluntary economic power.
This represents the number of people who are unemployed due to the structure of the workforce. B. People who are superseded by technology or who lack the qualifications to adopt. Natural unemployment is commonplace in the labor market as workers move in and out of jobs and enterprises.
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Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur
Answers
Answer:
capital
Explanation:
bulldozer is bought with capital.
What is a unique feature of your product or service? a pharmacy
Answers
Explanation:
u do D farma if yes its helpfull for u
Explain how Naïve Bayes Model works effectively? Give Five (5)
points
Answers
Naïve Bayes Model is a probabilistic method that uses Bayes theorem. It is a classification method that is used for the classification of objects that have certain characteristics, it's simple to implement and generates accurate results, but it has a basic assumption that the attributes are independent of one another.
Here are five ways that Naïve Bayes Model works effectively:1. The model is easy to implement and is relatively straightforward to understand. It is also computationally less complex and has a high speed of training.2. The algorithm works effectively even when the data is skewed or when the data set is too large.3. Naïve Bayes is very effective in identifying spam or non-spam emails, making it very useful for email filtering.4. The model has a low probability of overfitting, even with complex datasets.5. The model is particularly useful in cases where there are multiple classes in the dataset and the variables are independent of each other.
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What makes a business unique
Answers
Answer:
A lot of things can make a business unique since every entrepreneur has different ideas when starting a new business it depends on the persons approach to their business.
Answer:
the people, their approach, the intangible elements.
state any five types of legal requirements that will be required for your bussiness
Answers
The law state the legal requirements which an entrepreneur is required to obtain when commencing a business. These legal requirements include the necessary permits, licenses, tax registration numbers, insurance policy, labor laws requirements, etc.
This legal requirements isn’t compulsory for an entrepreneur(s) to obtain when starting a business but it’s important. The Companies and Allied Matters provide for different companies that an entrepreneur can register to carry out his business.
A private corporation limited by shares is the suggested legal form for entrepreneurs (private limited liability company). It has a minimum share capital of N500,000 and is registered by at least two individuals legal requirements(Five Hundred thousand Naira)
The Company and Allied Matters Act does not mandate that the share capital be paid in full prior to the start of operations. An entrepreneur, however, can register as a business name if they lack the legal requirements resources to do so as a company.
In order to collect paperwork from the government or private groups on behalf of the business, such as licenses and permits, a business name certificate is necessary legal requirements.
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Contest entries, website hits, and social media likes are examples of
non-promotional objectives.
digital objectives.
communications objectives.
non-sales behavioral objectives.
Answers
Contest entries, website hits, and social media likes are examples of digital objectives. Option 2.
What are Digital Objectives?
Digital objectives refer to the activities and operations that are carried out over the Internet through electronic media. Digital objectives have a wide range of objectives, including those that are promotional, behavioral, and communicational.
Objectives of Digital Marketing: To create a digital marketing strategy, businesses first have to define the primary objectives of their online presence.
The following are some of the key objectives of digital marketing:
1. Increase website traffic.
2. Create quality leads
3. Improve conversions
4. Increase sales
5. Build brand recognition and reputation
6 . Establish credibility and trust among consumers
7. Nurture loyal customers
8. Boost customer engagement and loyalty
9. Expand into new markets and demographics
10. Reduce the expenses of marketing and advertising
11. Strengthen the business’s digital footprint
12. Increase profitability and revenue
Hence, the right answer is option 2. Digital Objectives.
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Superior corp. applies manufacturing overhead to production at 65% of direct labor cost. during the year ended 20xx, manufacturing overhead of $129,220 was applied to production; actual manufacturing overhead was $156,500. ending work in process inventory was $22,440 and ending finished goods inventory was $31,020. work in process inventory increased by 20% during the year and finished goods inventory increased by 10% during the year. unadjusted cost of goods sold was $574,300. complete the following schedule:
Answers
Direct Labor Cost = $198,800
Beginning finished goods inventory = $28,200
Overhead = $27,280
COGM = $577,120
Current Manufacturing Cost = $249,100
Adjusted Cost of goods sold = $601,580
Working Notes:
(i) Direct labor cost = Overhead applied / direct labor cost applied to overhead as a percentage
Direct Labor Cost = 129220 / 0.65
Direct Labor Cost = $198,800
(ii) Beginning work in process = Ending WIP / (1 + percent increase)
Beginning WIP = 22440 / (1 + 0.20) = 22440 / 1.20
Beginning WIP = $18,700
Beginning finished goods inventory = 31020 / (1 + 0.10) = 31020 / 1.10
Beginning finished goods inventory = $28,200
(iii) Underapplied / Overapplied overhead = Actual OH - applied OH
Overhead = 156500 - 129220
Overhead = $27,280
(iv) Cost of Goods manufactured = Cost of products sold without adjustment + Ending finished goods inventory - Beginning Finished goods inventory
COGM = 574300 + 31020 - 28200
COGM = $577,120
(v) Current manufacturing cost = cost of goods manufactured + Ending WIP - Beginning WIP
Current Manufacturing Cost = 577120 + 22440 - 18700
Current Manufacturing Cost = $580,860
(vi) Direct material used = Current manufacturing cost - direct labor -overhead applied
Direct Material = 599560 - 198800 - 129220
Direct Material = $252,840
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Mario was surprised that the box that was supposed to tell him how many words he used in his document did not appear after the spelling and grammar check of his document was complete. Which step did Mario forget to do in Word’s Options dialog box?
Answers
Answer:
He forgot to tick 'Show readability statistics' in the Word's Option dialog box
Explanation:
Mario did a typing work using Microsoft word; he typed in the Word interface. Having finished typing the document, Mario used the 'spelling and grammar check' tool to ensure his document had no errors; the 'spelling and grammar' tool ensures that the document obeys the rules of lexis and structure of the language used in typing the document. The tool corrects typographical, grammatical & lexical errors. After having run the error check for spelling and grammar, a dialog box ought to open in the Word interface giving a summary of the corrections made. However, Mario did not get this dialog box. Herein is his dilemma.
Mario omitted a step in his proofreading work and that's why the dialog box did not pop-up. Mario can rectify his omission by following these steps:
I. Click on the 'File' tab from the menu bar
II. Click on 'Options' under the File tab
III. An interface opens, click on 'Proofing' menu
IV. Navigate to the heading 'When correcting spelling and grammar in Word'
V. Tick the box 'Show readability statistics'
When Mario follows this procedure, the box will open up after the spelling and grammar check giving him the summary of his document (the number of words used etc.). Mario forgot to enable/tick the 'Show readability statistics' in the Word's Option dialog box
Answer: D
Click the show the readability statistics option.
Explanation:
Hope this helps!!
three-strand underbraids performed in small, often parallel sections, are also known as:
Answers
Three-strand underbraids performed in small, often parallel sections, are also known as cornrows.
Cornrows are a traditional braiding technique that has been used for centuries in African cultures and is popular today in many different communities and styles.
The braiding process involves dividing the hair into small sections, usually using a comb, and then weaving the hair in a three-strand braid that lies flat against the scalp. Cornrows can be styled in many different patterns, such as straight lines, curved shapes, or intricate designs, and can be adorned with beads, cowrie shells, or other accessories. They are often worn as a protective hairstyle to help maintain natural hair or as a fashion statement.It is important to note that cultural appropriation is a concern when it comes to cornrows and other traditional hairstyles, and it is important to show respect and understanding of their cultural significance when wearing them.
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1 point
Which of the statements below is TRUE about filing your taxes? (Assume
that your only income comes from the salary you earn at Big Tech
Company.) *
You need to file your tax return by the end of the calendar year (typically December
31st)
If your employer takes out federal income taxes through payroll withholdings, you do
not need to file a tax return
You must file your tax return by April 15th of the following year or request an
extension by that date
You do not need to pay any income taxes until April 15th, so you should ask your
company to wait until after that date to withhold any money
Answers
Answer:
The true statements are;
You must file your tax return by April 15th of the following year or request an extension by that date
Explanation:
The due date at which tax returns are filed timely is on the 15th of April of the following year otherwise the Form 4868 should be filed on or before the 15th of April to obtain Automatic Extension of Time so as to be permitted to File U.S. Individual Income Tax Return while still having those filed tax return still being considered timely.
You must file your tax return by April 15th of the following year or request an extension by that date.
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures. A failure to pay in a timely manner, along with evasion of or resistance to taxation, is punishable by law.The statement that is true about filling the taxes is "You must file your tax return by April \(15th\) of the following year or request an extension by that date.''For more information:
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Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
Answers
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
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Do you believe that entrepreneurs born or can they be developed over time? Does someone born with innate entrepreneurship qualities have an advantage over someone who isn't?
Answers
Explanation:
- - - - I believe that both of those statements are correct because you can be born with a natural skill such as painting or singing but people with talents that could be made into their own business still go and work for other people . also yes a child can watch their parents or begin to be formed with certain talents or be taught a talent that would then give them the ability to become an entrepreneur.
Mel suddenly finds an opportunity to sell boxed dinners. The new opportunity would require the use of the 30 percent unused capacity. The contribution margin from the dinners would amount to $3,000 annually. Required: a. If Mel decides to sell dinners, what are the total costs for both making and buying the cookies?
Answers
Answer:
$900
Explanation:
The computation of the total cost for both making and buying the cookies is given below:
But before that the variable cost per unit is
= (Cost of goods sold - fixed cost) ÷ (sales units)
= ($13,500 - $4,500) ÷ ($180,000 ÷ 6)
= $3
now the total cost is
= 300 × $3
= $900
a small restaurant with wait staff that reports to staff manager who reports to a floor manager who reports to the restaurant manager is a clear example of a(n) organizational structure.
Answers
The general manager of a restaurant or managing partner's position, if they have ownership interest in the File communications, reports, personnel files, etc.
For instance, the manager of the marketing department would be responsible for overseeing all employees in a company who are involved in product marketing. An official organization chart can display an informal organization. Corporate culture doesn't really affect a company's performance all that much. An organization's chain of command includes staff supervisors. To reduce harm, take quick action to correct the false grapevine information. recognizes that the person who delegated the work is still responsible for it.
Job specialization has the advantage of lowering your risk of error. When you have deep expertise in a particular
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Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.
Answers
hope it helps
Compare the current workforce level of proficiency against the level of proficiency required and identified by an organization for each of its core competencies.
Answers
The current workforce level of proficiency is compared to the level of proficiency required and identified by an organization for each of its core competencies.
To compare the current workforce level of proficiency against the required level, an organization needs to assess the skills and knowledge of its employees in each core competency. This can be done through evaluations, performance reviews, and skills assessments. The organization then compares the current proficiency level of its employees to the desired level for each competency.
For example, if the organization identifies customer service as a core competency and determines that employees need to have excellent communication and problem-solving skills, they would assess whether their current workforce meets these requirements. They may use metrics such as customer satisfaction ratings and feedback to evaluate proficiency levels.
By comparing the current proficiency level to the required level, organizations can identify any gaps and develop strategies to bridge them. This may involve training programs, mentorship, or recruitment efforts to ensure the workforce meets the organization's proficiency requirements.
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Please help. I’m struggling. 20 points !!!!
To propose the idea of creating a partnership with another business, you will need to prepare
a formal business letter to send to the owner of Great BBQ, Hank White. This proposal should
introduce the following ideas:
Forming a partnership would allow both restaurants to sell the other's product and
merchandise.
The partnership would expand both of our businesses and customer base.
.
A more detailed meeting and presentation will follow if Great BBQ is interested.
Prepare a business letter to send to Great BBQ. (8 points)
Answers
Answer:
The letter could be somewhat like this:
Dear Hank White, CEO of Great BBQ
I am John Smith, I am the CEO of a meat distributor. I specialize in prime cuts like New York Ribeye, Tenderloin, and Wagyu Beef with the best Japanese Technique.
I am sure that as business partners, we both could do better than we do right now. I have the best raw material for your restaurant business, and you have the BBQ expertise and knowledge.
I would appreciate if you considered this letter, you can call me any time if you want to discuss further, or write me an email-.
Sincerely
John Smith
a list of accounts and their balances at a given point in time is called a
Answers
A list of accounts and their balances at a given point in time is called a trial balance.
The trial balance is typically prepared by extracting the balances from the general ledger accounts and arranging them in a specific format. It includes all the accounts, such as assets, liabilities, equity, revenues, and expenses, along with their respective balances.
The purpose of the trial balance is to ensure that the total debits equal the total credits, which helps in identifying any potential errors or discrepancies in the accounting records.
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Please help with economics will mark brainliest
Answers
Answer On 25, it is likely economic growth since both go up, however it might also be coming back from an recession, but i would go for economic growth first. On 24, I think it is no idle resources and using resources efficiently.
Explanation:
Last year a country had exports of $100 billion, imports of $70 billion, and purchased $60 billion worth of foreign assets. What was the value of domestic assets purchased by foreigners
Answers
The calculation below shows that the value of domestic assets purchased by foreigners is $30,000.
Calculation of the value of domestic assets purchased by foreignersThe value of domestic assets purchased by foreigners can be calculated using the following formula:
Domestic assets purchased by foreigners + Exports = Foreign assets purchased + Imports ………… (1)
Substituting the relevant values into equation (1) and solving for Domestic assets purchased by foreigners, we have:
Domestic assets purchased by foreigners + $100 billion = $60 billion + $70 billion
Domestic assets purchased by foreigners = $60 billion + $70 billion - $100 billion
Domestic assets purchased by foreigners = $130 billion - $100 billion
Domestic assets purchased by foreigners = $30 billion
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the functional structure is considered most efficient when group of answer choices an organization gets too large. when customers need special functions. when the organization is in the mature phase of the life cycle. when organizations have few products.
Answers
A functional structure is a company structure that is built around the roles that each team member plays within the company and their knowledge and abilities.
What is meant by functional organization?Vertical hierarchy characterizes a functional organization. The company is split up into various functional sections, each with staff members with specialized job duties. Due to the autonomous vertical management structures that each group possesses, functional departments frequently work in isolation.An illustration of a department in a functional organizational structure might be a department for sales, one for production, one for human resources, one for information technology, one for marketing, and one for law.To place the experts at the top of the organization, functional organization has been segmented. This organization can be characterized as a structure in which functional departments are established to address business issues at various levels.To Learn more About functional structure refer to:
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A management information system (MIS) does exist in Peoples' Choice Bank. Management at the bank are confused regarding the functions of an MIS and DSS. Provide a report to management highlighting on any FIVE (5) key differences between the implemented MIS and the soon-to-be installed data-driven DSS.
Answers
This report highlights five key differences between a Management Information System (MIS) and a Data-Driven Decision Support System (DSS) in the context of Peoples' Choice Bank. It aims to clarify the functions and capabilities of each system and provide insights into their distinct roles within the organization.
1. Purpose and Focus: An MIS primarily focuses on providing regular reports and summaries of operational data to support managerial decision-making, while a DSS is designed to provide more in-depth analysis and modeling capabilities to assist with complex and strategic decisions.
2. Data Processing: An MIS typically processes structured and predefined data to generate standardized reports, whereas a DSS can handle both structured and unstructured data, enabling more flexible and ad-hoc analysis.
3. Decision Support: An MIS provides standardized information to support routine and structured decisions, whereas a DSS offers interactive tools and models that allow users to explore various scenarios and evaluate alternatives for more strategic decision-making.
4. User Involvement: MIS users are typically managers and executives who require summarized information for monitoring and control, while DSS users are often analysts and decision-makers who actively participate in data analysis and modeling processes.
5. Time Sensitivity: MIS reports are generally prepared on a regular schedule (e.g., daily, weekly, or monthly), while DSS provides real-time or near real-time information, allowing for timely and dynamic decision-making.
By understanding these key differences, management at Peoples' Choice Bank can better grasp the capabilities and functions of both MIS and DSS. This knowledge will enable them to leverage each system effectively to support operational management as well as strategic decision-making processes within the organization.
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how do you wrrite the word pneumonoultramicroscopicsilicovolcanoconiosi aand what does it mean?
Answers
Answer:
Pneumonoultramicroscopicsilicovolcanoconiosis
Explanation:
Pneumonoultramicroscopicsilicovolcanoconiosis is a phrase used to describe a lung condition produced by inhaling silica dust, as in I had difficulty breathing and my doctor diagnosed me with pneumonoultramicroscopicsilicovolcanoconiosis.
A bond offers a coupon rate of 12%, paid annually, and has a
maturity of 15 years. If the current market yield is 4% (discount
rate), what should be the price of this bond?
Answers
To calculate the price of the bond, we need to use the present value formula. The present value of the bond is equal to the present value of the coupon payments plus the present value of the face value.
First, let's calculate the present value of the coupon payments. The coupon payment is 12% of the face value and is paid annually for 15 years. Since the coupon payments are made annually, we can use the formula for the present value of an ordinary annuity:
PV = C * (1 - (1 + r)^(-n)) / r
Where PV is the present value, C is the coupon payment, r is the discount rate, and n is the number of periods.
In this case, the coupon payment (C) is 12% of the face value. The discount rate (r) is 4%, and the number of periods (n) is 15.
Let's plug in the values:
PV_coupon = 0.12 * Face Value * (1 - (1 + 0.04)^(-15)) / 0.04
Now, let's calculate the present value of the face value. The face value is the amount that will be paid back to the bondholder at maturity. To calculate the present value of the face value, we use the formula:
PV_ face value = Face Value / (1 + r)^n
In this case, the face value is unknown, so we'll use a generic face value of $1000.
Let's plug in the values:
PV_face value = 1000 / (1 + 0.04)^15
Now, we can calculate the total present value of the bond:
Price of the bond = PV_coupon + PV_face value
Now, you can substitute the calculated values into the equation to find the price of the bond.
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In a minimum of five sentences explain how you think the nation as a whole (north and south) would have reacted to the emancipation proclamation. why do you think this? be descriptive in your answer.
Answers
The nation as a whole, both north and south, would have had mixed reactions to the Emancipation Proclamation. In the north, abolitionists would have celebrated the decision to end slavery, while some more moderate individuals may have been hesitant about the social and economic implications of suddenly freeing millions of slaves.
In the south, however, the reaction would have been vastly different. Slave owners and those invested in the institution of slavery would have been outraged, seeing the proclamation as a threat to their way of life and livelihood. The announcement would likely have further fueled the fires of the Civil War and deepened the divide between the north and south. Despite this division, the proclamation marked a significant moment in American history, one that would eventually lead to the end of slavery and the beginning of a more just and equitable society.
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What is not a criterion when evaluating financial service providers?
A. financial service provider's history
B. benefits or lack thereof
C. past and current employees
D. emerging technologies
Answers
That which is not a criterion when evaluating financial service providers is this: C. past and current employees.
What are the criteria for evaluating financial service providers?To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.
It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.
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What statement best describes good interview preparation?
1) An applicant should arrive at least an hour before the interview starts.
2) An applicant should discuss personal hobbies as much as possible in an interview.
3) An applicant should be well-dressed for an interview.
4) An applicant should make personal job demands known in an interview.
Answers
Answer:
I think it is the 3rd one.
Explanation:
Sorry if this wrong. I'm only in 5th grade
Answer: the answer is c
Explanation:
The income statement for Weatherford International Inc's year ended December 31,2020 , was prepared by an inexperienced hookkeeper. As the new accountant, your immediate pronty is to correct the statement. All amounts included in the statement are pofore tax (assume a rate of 30% ). The company had 108,000 common shares issued and outstanding throughout the year, as well as 1,600 shares of $1.20 cumulative preferred shares issued and outstanding. Retained earnings at December 31,2019 , were $332,800 Required: repare a corrected income statement including earnings per share information. (Negative onswers should be indicated by a minus ign in the other revenues and expenses section and the discontinued operations section. Round the "Earnings per Share" answers to 2 decimal places.)
Answers
Include all relevant revenue, expense, and tax figures to accurately reflect the financial performance of Weatherford International Inc for the year ended December 31, 2020.
To prepare a corrected income statement for Weatherford International Inc, we need the original income statement for the year ended December 31, 2020. Since you haven't provided the original income statement, I won't be able to correct the specific figures. However, I can guide you through the general structure and calculations needed to prepare a corrected income statement, including earnings per share (EPS) information.
Here is the general format for the income statement:
Weatherford International Inc
Income Statement
Year Ended December 31, 2020
Revenue:
- Sales Revenue
- Other Revenues
Total Revenue
Expenses:
- Cost of Goods Sold
- Selling, General, and Administrative Expenses
- Other Expenses
Total Expenses
Operating Income
Other Revenues and Expenses:
- Interest Income
- Interest Expense
- Other Revenues
- Other Expenses
Income Before Income Tax
Income Tax Expense (30% of Income Before Tax)
Net Income
EPS Calculation:
1. Calculate earnings available for common shareholders:
Net Income - Preferred Dividends
2. Determine the weighted average number of common shares outstanding throughout the year. This information is not provided, so you'll need to refer to the company's records or financial statements.
3. Calculate basic earnings per share:
Earnings Available for Common Shareholders / Weighted Average Number of Common Shares Outstanding
4. Present the earnings per share information in the income statement.
Remember to adjust the income statement for any corrections needed based on the information you have available. Include all relevant revenue, expense, and tax figures to accurately reflect the financial performance of Weatherford International Inc for the year ended December 31, 2020.
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