Answer:
8.10%
Explanation:
Blue Ridge's return on equity (ROE) is how much profit does Blue Ridge's investors earn for every dollar they invested in the company.
The formula used to calculate ROE is:
ROE = PM x (total assets ratio + noninterest income) x (Assets per dollar in equity capital)
ROE = 12% x (6% + 1.5%) x $9 = 8.10%
Blue Ridge's ROE is 8.1%
Blue Ridge's return on equity (ROE) is how much profit Blue Ridge's investors earn for every dollar they invest in the company.
To find the Return on Equity (ROE) for Blue Ridge Bank, we can use the following formula:
The formula used to calculate ROE is:
ROE = PM x (total assets ratio + noninterest income) x (Assets per dollar in equity capital)
Substituting the values -
ROE = 12% x (6% + 1.5%) x $9
= 8.10%
Split-Div, Inc., has issued quarterly dividends of $0.10 per share each quarter over the last few years. This quarter Split-Div initiated a 2-for-1 stock split. What is the minimum quarterly dividend the board of Split-Div should approve to avoid sending a bad signal to investors?
a. $0.02 per share
b. $0.05 per share
c. $0.10 per share
d. $0.20 per share
Answer:
b. $0.05 per share
Explanation:
A stock split is conducted by companies to make investors have additional share(s) for each share they already own. One of the reasons why a company would do this is to make each share less expensive especially if it has realized that similar shares in the industry are selling at a price significantly lower that its own shares. However, it is important to note that the value of each investor's holding remains the same.
In this case, a 2-for-1 stock split means that an investor who has 1 share will now have 2 shares. However, the cumulative value of these shares is equal to the 1 share each held before the split, so is the dividend.
If dividend for 1 share = $0.10 in dividend
with a 2-for-1 stock split, each share should earn a minimum dividend of (0.10 /2 = $0.05) to avoid sending bad signals to investors
Alexandra is constantly creating more work for Susan, yet Susan completes all of this additional work and, in turn, Alexandra continues her behavior. Which of the following methods to reward performance explains why Alexandra continues this behavior?A) PunishmentB) Positive ReinforcementC) ExtinctionD) ProbationE) Negative Reinforcement
Answer: positive reinforcement
Explanation: Reinforcement is explained as actions taken to either reduce or increase a certain behavior.
Positive reinforcement are action taken to increase a behavior either positive or negative behavior.
In the question Susan is positively reinforcing Alexandra's negative lazy attitude.
The sustainable infrastructure pressure of increased energy consumption poses new and growing pressure. The energy consumed by a computer is estimated to produce as much as 10% of the amount of carbon dioxide produced by a ________.A. houseB. schoolC. carD. cell phone
Answer:
car
Explanation:
Based on various studies conducted in regards to environmental safety and global-warming gases it is said that the energy consumed by a computer is estimated to produce as much as 10% of the amount of carbon dioxide produced by a car. Since a car produces roughly 4.6 metric tons of carbon dioxide per year. It seems that the energy consumption for computers is creating an approximated 0.46 metric tons of carbon dioxide a year.
Athena Jolene, a human resources executive at Thomas Griffith, wants to collect ideas from the company's employees for an upcoming company-wide event. The company has offices spread across the country. Which of the following techniques will best help Athena receive suggestions from employees, while also allowing employees to share their ideas with one another?
Answer:
Online discussion forum
Explanation:
Based on the information provided within the question it can be said that the best method would be to use an Online discussion forum. These are websites in which anyone can connect and give their thoughts and opinions on a specific topic and discuss with anyone who would like to join in. Which is what would allow Athena to collect ideas from all the company employees at the same time.
Final answer:
Athena Jolene can collect and share employee suggestions effectively by creating an internet-posted forum, holding regular video conference meetings, and distributing staff surveys. This approach will foster direct communication and participation, aligning with the company's values and promoting a collaborative event planning process.
Explanation:
To effectively collect and share ideas from employees for the upcoming company-wide event, Athena Jolene can implement a system that encompasses direct communication, utilization of an internet-posted forum, and the facilitation of regular meetings. An intranet forum would serve as an open floor plan online, allowing employees from different offices to post their suggestions and discuss others' ideas, thus maintaining Athena's approachability and fostering a participatory culture. Additionally, regularly scheduled video conferencing sessions could help to celebrate achievements and gather real-time feedback, while staff surveys could be distributed to solicit further input from the company's 10,000 employees.
Athena could also consider sharing stories that illustrate the company's values and past successes in organizing events, as these narratives often engage employee emotions and foster identification with the company's ethos. This multi-faceted approach ensures that employee ideas are not only heard but also respected and acted upon, thus contributing to a more collective and inclusive event planning process.
All of the following statements regarding retained earnings are true exceptA. retained earnings represents a claim on cash.B. a debit balance in Retained Earnings indicates a deficit.C. retained earnings is net income that a company retains in a business.D. some companies may restrict availability of retained earnings for dividends.
Answer:
A) retained earnings represents a claim on cash.
Explanation:
Retained earnings are the accumulated profits that a company keeps that are left after dividends are paid. Retained earnings are the equivalent of a savings account for an individual. Retained earnings are shown in the balance sheet as part of owners' equity.
For example, corporation A had a net profit of $10 million during last year, and it paid dividends for a total of $4 million, its retained earnings for last year are $6 million.
Companies use retained earnings as money available for financing new or existing projects.
How will a recession in Japan affect the Singapore's economy, given that Singapore is an important trading partner?
A. Singapore's net exports are likely to fall because Japan's recession will reduce Singapore's imports.
B. Singapore's net exports are likely to fall because Japan's recession will reduce Japan's imports.
C. Singapore's net exports are likely to rise because Japan's recession will discourage its other trading partners from buying Japanese purchase products.
D. Singapore's net exports are likely to rise because shortages in Japan due to its recession will discourage Singapore's exports to Japan.
Answer:
The sino-japanese war was fought between Japan and China
Explanation:
........................
JME Manufacturing put together a group of employees from marketing, engineering, manufacturing, and quality control to come up with a new product idea. This is an example of a(n) _____ group.
Answer:
cross functional group
Explanation:
cross functional group is a team of different expertise employee who work different in their specific field for the one common goal i.e. progress of the organisation.
For production of any product different department worked together to give product final touch from research team to the quality team. It is combined form of one corporation which include worker or employee of different skills who has one common goal.
Morgner Heating and Cooling offers customers who buy air conditioners and furnaces free delivery and low installation charges. The company also offers a free follow-up inspection of the new equipment one month after it is installed. These services are ways that Morgner provides its customers with __________ utility.a. possession
b. time
c. marginal
d. situational
Answer:
a. possession
Explanation:
In this scenario it seems that these services are ways that Morgner provides its customers with possession utility. This term refers to the value that a customer will place when purchasing a certain product, as well as the use that they give that product. By providing these additional services with the purchase of a product, the customers place higher value on the product and end up purchasing it as opposed to the competitors.
Adjustments help to ensure that all revenues are recorded in the period in which they are:______
Answer: made
Explanation: In simple words, adjustment in accounting refers to the transactions that are not recorded in the accounts yet but actually belongs to it with respect to the time period of their occurrence.
There are generally five types adjusting entries accrued revues, accrued expenses, deferred revenues, deferred expenses and deprecation expenses. Such entries are usually made at the end of the year in their respective accounts.
You are in charge of your country's currency, which is backed by a gold standard. Unfortunately, gold production is dropping sharply and is not expected to recover. What is your best option?
Answer:
The best option is to shift to fiat currency.
Explanation:
A fiat currency is the type of currency which is not backed by any valuable asset but by the government that has issued it. Commodity money, on the other hand, is the money which is backed by some physical commodity, generally a valuable asset such as gold or silver.
In the case of commodity money, its value is based on the value of the asset it is backed by.
If a currency is backed by gold and gold production is declining sharply and is not expected to rise. Then in this situation, the government will not be able to increase the money supply.
In this situation, the best option is to move to fiat currency which is not backed by any asset so its value will not fluctuate with the value of the underlying asset.
In accrual accounting, to defer means to recording the other side of the cash transaction as a revenue or expense. Instead the other side of the cash entry is recorded as liability or prepaid:_____
Answer:
Expense
Explanation:
In accrual accounting, to defer means to recording the other side of the cash transaction for revenue as a liability usually referred to as deferred or unearned revenue.
For expense, it is recognized as prepaid expenses meaning that the expense for which cash was paid will be enjoyed in the future.
Therefore, the other side of the cash entry is recorded as liability or prepaid expense.
In accrual accounting, deferring means recording the other side of the cash transaction as a liability or prepaid instead of revenue or expense.
Explanation:In accrual accounting, deferring means recognizing revenue or expenses in a different period than when cash is received or paid. Instead of recording the other side of the cash entry as revenue or expense, it is recorded as a liability or prepaid. This is done to match revenues and expenses with the period they are earned or incurred, resulting in more accurate financial statements.
Learn more about Accrual accounting here:https://brainly.com/question/34770329
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Suppose that at the same time Congress and the president pursue an expansionary fiscal policy, the Federal Reserve pursues an expansionary monetary policy. How might an expansionary monetary policy affect the extent of crowding out in the short run?
Answer:
The correct answer is an expansionary monetary policy would DECREASE interest rates and thus REDUCE the extent of crowding out.
Explanation:
Expansive monetary policy is a type of monetary policy that is mainly characterized by trying to stimulate the size of a country's money supply. Those responsible for its control are generally a central bank or other similar economic power.
When individuals prefer to save money instead of spending it or investing it, aggregate demand is very weak, which can lead to recessions. Through the performance in financial markets with expansive monetary measures, we seek to move towards economic growth and job creation by companies in a country. This makes the use of expansionary monetary policies frequent in situations of economic crisis or recession. Through various stimuli, on the one hand, it is about stimulating the production of goods and services and, therefore, the level of income of its citizens. On the other hand, it is about influencing the markets so that banks grant greater credit to families and businesses.
Which of the following statements is TRUE?
A. Not-for-profit business-oriented health care organizations use accrual accounting
B. Government owned hospitals follow FASB Statements (116 and 117) for not-for-profit organizations
C. Government-owned health care organizations do not report depreciation expense
D. The AICPA Health Care Guide provides accounting and reporting requirements that override GASB and FASB standards, but apply only to health care providers
E. Both commercial and private sector not-for-profit hospitals and health care providers follow FASB Statements 116 and 117
Answer:
C. Government-owned health care organizations do not report depreciation expense
Explanation:
C. Government-owned entities do not provide for depreciation of assets, they are written off immediately they are acquired
To help pay for a class trip at the end of their senior year, the sophomore class at a high school invests $1700 from fundraisers in a 30-month CD paying 4.5% interest compounded monthly. Determine the amount the class will receive when it crashes in the CD after 30 months.
Final answer:
Using the compound interest formula, the sophomore class would receive approximately $1901.93 from their $1700 investment in a 30-month CD at 4.5% interest compounded monthly after 30 months.
Explanation:
To calculate the final amount obtained from a certificate of deposit (CD) with compounded interest, you can use the compound interest formula: A = P[tex](1 + r/n)^{(nt)}[/tex], where A is the amount of money accumulated after n years, including interest, P is the principal amount (the initial amount of money), r is the annual interest rate (decimal), n is the number of times that interest is compounded per year, and t is the time the money is invested for in years.
In this case, the high school sophomore class invested $1700 at an annual interest rate of 4.5% (0.045 in decimal form) compounded monthly (n = 12) for a period of 30 months (which is 30/12 = 2.5 years). Therefore, the formula to determine the amount they will receive after 30 months would be:
A = 1700 * [tex](1 + 0.045/12)^{(12*2.5)}[/tex]
Let's do the math:
A = 1700 * [tex](1 + 0.00375)^{(30)}[/tex]
A = 1700 *[tex](1.00375)^{30}[/tex]
A ≈ 1700 * 1.11878
A ≈ $1901.93
So, after 30 months, the sophomore class would receive approximately $1901.93 when they cash in their CD.
Wendy's fast-food restaurant chain priced several of its more popular menu items at $.99 while raising the price of some of its upgraded meal deals. This pricing strategy is an example of _____ pricing because the chain is trying to improve the customer's perception of the ratio of benefits received to the product's price.
A) Fair trade.
B) Value.
C) Psychological.
D) Cost-plus.
E) Penetration.
Answer: Value pricing
Explanation: In simple words, value pricing refers to a pricing strategy in which an organisation prices its product on the basis of the utility value that the customers perceive for the product rather than on the basis of the cost of producing the product.
For example- Ferrari charges its customers more for a red colored sports car although the cost of producing any color is the same.
Hence from the above we can conclude that company is doing value pricing.
A small-scale apparel manufacturer in Florida collaborates with several other similar firms and they form a separate company in India. None of the participants in this collaboration has previously had active operations in the Indian market. The newly created firm manufactures apparel suited to the tastes and preferences of the Indian customers. Identify the type of foreign market-entry approach depicted in this scenario
Answer:
consortia, a type of strategic alliance
Explanation:
Consortia is a type of strategic alliance which is very similar to joint ventures except that:
consortia usually involves a large number of businessesthey operate in countries in which none of the participants is currently active inConsortia is used by small or medium sized companies to pool financial and managerial resources in order to lower risks.
erfectly ________ correlated series move exactly together and have a correlation coefficient of ________, while perfectly ________ correlated series move exactly in opposite directions and have a correlation coefficient of ________.
A. negatively; -1; positively; +1
B. negatively; +1; positively; -1
C. positively; -1; negatively; +1
D. positively; +1; negatively; -1
Answer:
D. positively; +1; negatively; -1
Explanation:
Correlation measures the relationship that exists between two variables.
A variable is perfectly correlated when there's a relationship between the variables; when they move in the same direction. An increase in one variable leads to a corresponding equal increase in the other variable.
A variable is perfectly negatively correlated if the relationship between the two variables is perfectly negative. An increase in one of the variables leads to a corresponding equal decrease in the other variable.
No correlation is when there's no relationship between variables.
We can say price is negatively correlated to quantity demanded but positively correlated to quantity supplied.
Correlations can be depicted in scatter diagrams
A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of the vendor and do not list the quantities of the material ordered. Using the purchase orders, the receiving department is most likely to detect_________
Answer:
The answer is Deliveries for which no purchase order was issued.
Explanation:
A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of the vendor and do not list the quantities of the material ordered. Using the purchase orders, the receiving department is most likely to detect____Deliveries for which no purchase order was issued._____
Android Products, Inc., agreed to accept a $1,000, one-year, 10 percent note from C. Mate. On its maturity date of December 16, Mate honors the note by making a payment of $1,100. That payment consisted of the principal of $1,000 plus interest in the amount of $100 (computed as $1,000 × 10%).
Prepare the necessary December 16 entry for Android by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr $1,100
To Interest revenue $100
To Note receivable $1,000
(Being cash received in respect of note receivable, interest accrual is recorded)
The computation of accrued interest is shown below:
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= 1,000 × 10%
= $100
Rather than competing head to head with established competitors, many companies seek out unoccupied positions in uncontested market spaces. They try to create products and services for which there are no direct competitors. This is called a ________.
a. "red ocean strategy"
b. "strategic sweet spot"
c. "common platform"
d. "blue ocean strategy"
e. "strategic platform"
Answer:
The correct answer is d. "blue ocean strategy".
Explanation:
The strategy seeks to set aside competition between companies, expanding the market through innovation. What companies need to be successful in the future is to stop competing with each other. In the last twenty-five years, all strategic thinking has been directed to the red ocean; The administration defines that in the competition there is the success or failure of the companies, which has allowed many to know how to perform skillfully in this world, but ignoring that another type of strategy could generate better results, without worrying so much about the competition.
The red ocean represents all existing industries today. These companies must have clearly marked limits, as well as defined competencies, and their objective is to overcome the rival and gain a great position in the market. They are constantly exposed to the emergence of new competitors, which decrease their chances of growth. Usually, this type of ocean is the reality of every business.
Which of the following is a list of private goods only?
A) a watermelon, toll highways, a private beach, a chair.
B) a watermelon, cable Internet service, a private beach, a pencil, a chair.
C) a watermelon, a chair, a pencil.
D) online video games, a watermelon, a private beach, a pencil, a chair.
Answer:
C) a watermelon, a chair, and a pencil is a list of private goods only.
Explanation:
In Economics, private goods are goods that need to be purchased for consumption, and if an individual is consuming it, then the other individuals cannot consume it. These goods are also considered as excludable which means that if a user has bought it, he/she can prohibit its use from the public through ownership rights. The owner could be an individual or a group of individuals.
By applying the above definition, it is clear that C is the only alternative that consists of private goods only, that is, A watermelon, a chair, and a pencil.
Private goods are goods that are both excludable and rivalrous in consumption. In the given options, option A includes goods that are privately owned and can be restricted to certain individuals.
Explanation:The correct answer is A) a watermelon, toll highways, a private beach, a chair.
Private goods are goods that are both excludable and rivalrous in consumption. Excludable means that access to the good can be restricted and provided only to those who pay for it. Rivalrous in consumption means that the consumption of the good by one individual reduces its availability for others. In the given options, option A includes goods that are privately owned and can be restricted to certain individuals, making it a list of private goods only.
The advantage of extending credit to customers is that it helps customers to buy products and services, thereby increasing the seller's revenue. The disadvantages of extending credit are costs related to_________.
a.marketing.
b.increased notes receivable.
c.increased sales.
d.bad debt expense.
Answer:
d.bad debt expense.
Explanation:
Bad debts expense is an account receivable that is no longer collectible. Bad debt is a debt obligation by a customer of which he or she is unable to pay. It arises when the company sells goods on credit, but unfortunately, the customer fails to pay.
Customers fail to honor payments due to financial challenges or bankruptcy. Bad debts are a cost to the business. When a bad debt has been realized, the amount is debited to the bad debts expense account and credited to accounts receivable. Bad debts reduce the amounts expected as inflow and increase costs in a business. To mitigate against bad debts, companies provide an allowance for bad and doubtful debts.
A political ad that incorporates a fear appeal would most likely be expressed as_______. A. religious repercussions after death.B. disenfranchisement from mainstream society.C. a lack of patriotic responsibility.D. a lack of self-respect or self-worth.E. warnings against the rise of other, unpopular ideologies.Fear appeals suggest to the consumer that some negative experience or outcome can be avoided if a certain good or service is purchased or behavior is changed..
Answer:
E.
Explanation:
A political ad that incorporates a fear appeal would most likely be expressed as warnings against the rise of other, unpopular ideologies. This is because a Fear Appeal uses a persuasive message in order to stir up emotions of fear within the viewers so that they act in a certain way that would prevent what they are afraid of. In political ads, this fear stems from the consequences that are states by the political party, if the viewers follow an opposing "unpopular" ideology.
Citrus inc., a leading internet service provider, provides its top managers with a bonus every year. however, this year the company performed poorly and its average stock price dropped below the industry standards. the company decided not to reward the managers this time around. this scenario typically illustrates the reinforcement contingency of _____.
a) positive reinforcement
b) extinction punishment
c) negative reinforcement
Answer: The correct answer is "b) extinction punishment".
Explanation: This scenario typically illustrates the reinforcement contingency of extinction punishment.
Because the company in deciding not to reward managers this time, is extinguishing the benefit they had, in the form of punishment for the poor performance of the company.
To fulfill its mission of democratizing organics, Honest Tea must source products and ingredients from around the world to produce its beverages. Which of the following physical distribution activities is especially important in overseeing all those items so as to reduce storage, shipping, and other costs?a) Inventory managementb) Warehousingc) Materials handlingd) Transportatione) Order processing
Answer:
The correct answer is A that is Inventory management
Explanation:
Inventory management is the term which is related to the supervision of the non-capitalized assets which is inventory and the items of the stock. A supply chain management component, which is inventory management, supervises or look after the flow of goods from the makers or the manufacturers to the storage or warehouses.
So, the inventory management is the activity of the physical distribution which is vital in supervising the items which could lead to decrease in storage, shipping and other cost.
CAD workstations: facilitate employee learning. provide engineers, designers, and factory managers with precise control over industrial design and manufacturing. allow groups to work together on documents. provide an important source of expertise for organizations. are high-end PCs used in the financial sector to analyze trading situations instantaneously and facilitate portfolio management.
Answer:
The correct answer is Provide engineers, designers, and factory managers with precise control over industrial design and manufacturing.
Explanation:
There are many reasons (and components) with which to answer this question, but it all comes down to one thing in the end: productivity. A professional Workstation for CAD pays its cost very quickly with increasing productivity because it allows you to work much faster and is significantly more reliable.
The most notable negative impact on productivity derives from poor reliability. A computer that does not work well puts us in the worst time-wasting situation. That is why high-speed computers for CAD are built alone and only with maximum quality components and are designed for maximum reliability, not just for maximum speed. The reduction or near elimination of downtimes, or breakdowns or problems of one kind or another, is the fundamental advantage of CAD stations compared to cheap PCs with low cost components.
A warranty that is created when a seller or lessor makes an affirmation that the goods he or she is selling or leasing meet certain standards of quality, description, performance, or condition is known as a(n) ________ warranty.
Answer:
Express Warranty
Explanation:
Express Warranty -
It is a type of agreement by the seller in order to provide the replacement or repair the product , any service or component ,which is faulty , with in a given period of time frame , is known as express warranty .
The consumer gets the guarantee about the goods or service and feel secure about the purchase .
Hence , from the question , the term according to the given statement of the question is express warranty .
Millburn Corporation has acquired a property that included both land and a building for $ 510 comma 000. The corporation hired an appraiser who has determined that the market value of the land is $ 320 comma 000 and that of the building is $ 470 comma 000. At what amount should the corporation record the cost of​ land
Answer:
cost of land record = $206550
Explanation:
given data
market value of the land = $320000
market value of the building = $470000
acquired both land and building = $510000
to find out
amount should the corporation record the cost of land
solution
first we find market value to total assets that is
market value to total assets = market value of the land + market value of the building ......................1
put here value
market value to total assets = $320000 + $470000
market value to total assets = $790000
and
share of land in the total market that is
share of land in the total market = [tex]\frac{market\ value\ of \ land}{total\ assets \ value}[/tex] .......................2
put here value
share of land in the total market = [tex]\frac{320000}{790000}[/tex]
share of land in the total market = 40.50 %
and
cost of land record = share of land in the total market × acquired both land and building .......................3
put here value
cost of land record = $510000 × 40.50%
cost of land record = $206550
To pay for college, Henry received the following: $1,000 scholarship from the Thespian Club to pay for books $4,000 scholarship from the Elks Lodge for tuition $5,000 worth of room and board as a dorm supervisor through a work-study program How much income must Henry report on his tax return?
Answer:
$5,000
Explanation:
Money received as scholarship and used to pay for tuition or related expenses is not included in the gross income. So the $1,000 scholarship from the Thespian Club and the $4,000 scholarship from the Elks Lodge are not taxable. The only taxable income that Henry earned is the $5,000 that he was paid for being a dorm supervisor.
Final answer:
Henry should report $5,000 of income on his tax return, which is the amount received from the work-study program for room and board.
Explanation:
Henry received various forms of financial aid for college, including scholarships and a work-study program. To determine which portions of this assistance must be reported as income on his tax return, we can look to IRS guidelines. Generally, scholarship funds used directly for tuition and books are not taxable, while money used for living expenses, such as room and board, may be considered taxable income.
From the information provided, Henry received a $1,000 scholarship for books and a $4,000 scholarship for tuition from the Thespian Club and the Elks Lodge, respectively. These amounts typically would not be taxable since they are used directly for education-related expenses. However, his $5,000 work-study program award for room and board may be considered taxable income.
Therefore, Henry would need to report $5,000 on his tax return, which is the amount allotted for his room and board. When it comes to college affordability, the cost of tuition, fees, room and board can be substantial, with the College Board's estimate and the increasing student loan debt emphasizing the scale of expenses faced by students.
A bond is__________.
A. a debt instrument, that is, the issuer has taken out a loan.
B. an equity instrument, that is, the buyer has purchased ownership in the issuer's firm.
C. the same thing as a stock.
D. a short-term loan from the government.
Answer:
The correct answer is A.
Explanation:
Bond is the instrument which is a fixed income and it represents a loan that is made by an investor to the borrower It is an IOU among the borrower and the lender which involves the payment as well as the loans details. It is used by the companies, states, sovereign governments and municipalities for financing the operations of the business.
Therefore, it is a instrument of debt, which the issuer has taken a loan.