osh Smith has compiled some of his personal financial data in order to determine his liquidity position. The data are as​ follows: Account Amount Cash $ 3 comma 150 Marketable securities 1 comma 050 Checking account 840 Credit card payables 1 comma 270 ​Short-term notes payable 850 a. Calculate​ Josh's liquidity ratio. b. Several of​ Josh's friends have told him that they have liquidity ratios of about 1.8. How would you analyze​ Josh's liquidity relative to his​ friends?

Answer:

a) the accounting equations keeps equals

b) in the explanation at the bottom

Explanation:

Agu 1.

a)the effect on the accounting equation

1. Opens an office as a financial advisor, investing $4,100 in cash in exchange for common stock.

the asset keeps the same

Pays insurance in advance for 6 months, $1,850 cash

the asset keeps the same

Receives $400 from clients for services performed

the asset increase because the cash increase +$400 and the accounts receivable decreased

Pays secretary $1,760 salary.

The cash decrease because paid -$1,760 and the account of the salaries to pay decrease -$1.760

b) the debit-credit analysis

                              debit          credit

Cash                                       -$4.100                   assets account

investing                +4100                                     assets account

Cash                                       -$1.850                   assets account

Pays insurance     +1.850                                     assets account

Cash                       +400                                      assets account

Acc receivable                       -400                       assets account

cash                         -1.760                                    assets account

wages to pay                          -1.760                    liabilities account

Answer:

Dividend yield for W = 5%

Dividend yield for X = 15%

Dividend yield for Y = 20%

Dividend yield for Z = 4.6%

Explanation:

For a constant growth stock [tex]Price =\frac{D1}{r-g}[/tex]

If r is made subject of formula;  r=[tex] \frac{D1}{Price}+g[/tex] = div yield + growth rate

For Stock W, given r = 15% and g= 10%; dividend yield = 15%-10%=5%

For Stock X, given r = 15% and g= 0%; dividend yield = 15%-0%=15%

For Stock Y, given r = 15% and g= -5%; dividend yield = 15%-(-5)%=20%                                      

For Stock Z, the price of the stock today is calculated as follows:

Price of the stock today = [tex]\frac{D1}{(1+ke)^1}+\frac{D2}{(1+ke)^2}+\frac{P2}{(1+ke)^2}[/tex].

where P2= [tex] \frac{D3}{ke-g}[/tex]

Price of the stock today = [tex]\frac{4.2(1.2)}{(1+0.15)^1}+\frac{4.2(1.2)^2}{(1+0.15)^2}+\frac{4.2(1.2)^2(1.1)}{(0.15-0.1)(1+0.15)^2}[/tex]=109.57

Therefore dividend yield =[tex]\frac[D1}{Price}[/tex] = [tex]\frac{4.2(1.2)}{109.57}= [/tex]4.6%

Answer:

Total deduction                               2,443.21

Explanation:

8,288

x 6.20% Sccial Security                      513.856

x 1.45% Medicate                                120.176

x 6.20% FUTA&SUTA  (for 7,000)       434              

Income tax witheld                           1,375.17

Total deduction                               2,443.21

We will multiply his taxable wages for period by the tax rate.

We must noticew FUTA and SUTA applies fdor the first 7,000 only so we multiply by 7,000 not by 8,288

Final answer:

The total amount of taxes withheld from Phildell Phoenix's earnings for January is $2,443.21 after calculating the Social Security tax, Medicare tax, FUTA tax, SUTA tax, and adding the federal income tax.

Explanation:

To calculate the total amount of taxes withheld from Phildell Phoenix's earnings for the month of January, we need to consider the following: federal income tax, Social Security, Medicare, FUTA, and SUTA taxes. As specified, the Social Security tax rate is 6.2%, Medicare tax rate is 1.45%, FUTA tax rate is 0.8%, and SUTA tax rate is 5.4%. The federal income tax withheld is given as $1,375.17.

First, calculate the Social Security tax:
$8,288 x 6.2% = $513.86. Next, calculate the Medicare tax: $8,288 x 1.45% = $120.18. The FUTA and SUTA taxes only apply to the first $7,000 of Phoenix's pay. So, the FUTA tax is $7,000 x 0.8% = $56. The SUTA tax is $7,000 x 5.4% = $378.

Add these tax amounts to the federal income tax withheld:
Federal Income Tax: $1,375.17
Social Security Tax: $513.86
Medicare Tax: $120.18
FUTA Tax: $56
SUTA Tax: $378

Total Taxes Withheld = $1,375.17 + $513.86 + $120.18 + $56 + $378 = $2,443.21

Therefore, the total amount of taxes withheld from Phoenix's earnings is $2,443.21, which corresponds to option b.

Establishing a petty cash fund results in an increase in a company's total assets. It's considered an asset because it's used to cover minor business expenses. However, it does not provide an overall increase in total assets, as it is a re-allocation from existing assets (e.g. bank account).

When the petty cash fund was established, it increased total assets. The establishment of a petty cash fund is a financial transaction involving cash - an asset. When the fund was set up with $200, that amount was taken from another asset account (potentially a bank account) and transferred into the petty cash fund, essentially relocating these assets instead of creating or losing them. However, total assets remain the same because one asset (bank account balance) was reduced while another asset (petty cash) was increased.

The scenario provided about Singleton Bank and Hank's Auto Supply shows that deposits and loans are both assets, deposits for the depositor and loans for the bank. The bank expects to earn interest from the loan, hence, it is an asset. Similarly, the petty cash fund in a company is considered an asset because the company can use it to pay for small business expenses.

https://brainly.com/question/29574983

#SPJ3

Answer:

c. ​They are most likely to lead anti-globalization demonstrations.

Explanation:

Global agnostics refers to the consumers who do not purchase the products based on global attitude towards the brands. Such consumers evaluate the brands in the same way as they evaluate the local products. In the United States and South Africa, such types of consumers are the maximum. While around the globe there is very less percentage of such consumers.

Answer:

D&A=  2425000

Explanation:

Giving the following information, we need to find the charge for depreciation and amortization:

EBITDA= 7500000

Interest=1950000

Net income= 1875000

t=0,40

We know that:

EBITDA

Depreciation & Amortization Expense (-)

=Operating Income or EBIT

Interest (-)

Other Expenses (-)

=EBT (Pre-Tax Income)

Income Taxes (-)

=Net Income

First, we need to calculate the amount of tax:

Tax= [net income/(1-t)]- net income= 1250000

EBIT= Net profit + Tax + Interest= 1875000 + 1250000+ 1950000= 5075000

Now we can calculate the amount of depreciation and amortization:

D&A= EBITDA- EBIT= 7500000 - 5075000= 2425000

Answer:

Rate of return of the company 8.15%

Explanation:

"Do not round intermediate calculations." We will work with as many decimal as needed to provide the most accurate answer.

From the dividends yield we will calculate the Stock market price:

dividends/market price = 0.06

  3/market price = 0.06

3/0.06 = market price = 100

100 is the value of the PV of all the dividends inflow

Now we will calcualte the grow in the market prce:

100 x 1.5 in the first year x 1.25 in the second = 187.5

Then, we can solve for rate using the gordon model:

D2 will be the D0 of the model

So we use Dividends for the third year.

D0 = $3

D1 =  D0 x 1.5  = 3   x 1.5   = 4.5

D2 = D1 x 1.25 = 4.5x 1.25 = 5.625

D3  =  5.625 x 1.05 =5,90625‬

We set up the gordon formula

[tex]\frac{divends}{return-growth} = Intrinsic \: Value[/tex]

[tex]\frac{5.90625}{return-0.05} = 187.5[/tex]

[tex]\frac{5.90625}{187.5} = return - 0.05[/tex]

[tex]\frac{5.90625}{187.5} + 0.05 = return[/tex]

rate of return:  0.0815 = 8.15%

In financial mathematics, the future values of two annuities at the end of year 10 with both 10% and 20% interest rates are calculated. Annuity C has values are $25,937.42 and $38,759.36 respectively, while annuity D's values at these rates are $28,531.16 and $42,635.23. Hence, Annuity D has the greater future value for both interest rates.

The subject matter of this particular question involves financial mathematics, and more specifically, annuities. To determine the future value of annuities C and D at the end of year 10 with both 10% and 20% interest rates, we'll use the future value formula for an ordinary annuity and annuity due.

For the ordinary annuity (C), the formula is: FV = P * [ (1 + r)n - 1) / r ] where P = periodic payment, r = interest rate, n = number of periods. Meanwhile, for the annuity due (D), it's: FV = P * [ (1 + r)n - 1) / r ] * (1 + r).

Calculating these for each scenario gives:

Therefore, Annuity D has the greater future value at the end of year 10 for both 10% and 20% interest rates.

https://brainly.com/question/33138987

#SPJ3

Answer:  $3865.8

Explanation:

The formula to find the simple interest is given by :-

[tex]I=Prt[/tex], where P is the initial amount deposited , r is the rate of interest in decimal and t is the time period in years.

Given : P= $1700      ;    r= 9.8%=0.098     ; t=13 years

Then , the simple interest earned in 13 years will be :-

[tex]I=1700\times0.098\times13=2165.8[/tex]

Now, the combined amount = P+I =$1700+$2165.8= $3865.8

Hence, the credit union would owe Heather $3865.8 in 13 years.

Answer:= $3,865.80

Explanation:

alculate the future value (FV) of the investment in 13 years as follows:

I = Interest Earned in One Year x Number of Years

= (9.8% x $1,700.00) per year x 13 years

= $2,165.80

FV n  = Initial Investment (PV 0 ) + Total Interest Earned (I)

FV 13  = $1,700.00 + $2,165.80

= $3,865.80

Answer:

absolute on grain: neither, both produce 10

comparative grain: Italy as renounce to less tonds of dates: 0.5 to 2.5

absolute dates: Niger 25 to 5

comparative dates: Niger as it cost 0.4 tonds of grain to produce 1 ton of dates.

Explanation:

For the absolute, we will check which yield the better number.

Fot the comparative, we will check the opportunity cost:

output/potential output of another product

opp cost grain in Italy: 5/10 = 0.5 tons of dates

opp cost grain in Niger: 25/10 = 2.5 tonds of dates

opp cost dates in Italy: 10/5 = 2 tonds of grain

opp cost dates in Niger 10/25 = 0.4 tonds of grain

The retained earnings of Hernandez company decreased by $1.96 million during the year due to the declaration of both a 10% stock dividend and a $.50 per share cash dividend.

Firms can reward their investors through issuing dividends, which can impact retained earnings. In Hernandez company's case, first the stock dividend needs to be calculated. A 10% stock dividend on 560,000 shares gives 56,000 new shares. Since stock dividends are a reallocation of retained earnings to common stock, the value at which the new shares are issued is important. Here, the market value is $30 per share, hence the reduction in retained earnings due to the stock dividend is 56,000 * $30 = $1,680,000.

Next, the cash dividend amount is also subtracted from retained earnings. With $.50 for each of the 560,000 shares, the cash dividend totals to 560,000 * $.50 = $280,000.

So the total decrease in retained earnings from both stock and cash dividends comes to $1,680,000 + $280,000= $1,960,000.

https://brainly.com/question/33501693

#SPJ3

Answer:

I think answer the gDp deflator cannot be used to gauge inflation

The CPI is favored over the GDP deflator for gauging inflation because it more closely reflects the consumer spending on goods and services, representing the cost of living experienced by individuals.So,option a is correct.

The CPI (Consumer Price Index) is more commonly used as a gauge of inflation than the GDP deflator because a. the CPI better reflects the goods and services bought by consumers. The CPI is designed to measure the average price changes of a basket of goods and services typically purchased by urban consumers, which aligns closely with the general cost of living and consumer spending patterns. Unlike the CPI, the GDP deflator includes all new, domestically produced, final goods and services in an economy, regardless of whether they are purchased by consumers or not, such as investment goods and government services. Therefore, while the GDP deflator can serve as a measure of inflation across the entire economy, the CPI is more representative of the inflation experienced by individual consumers.

Answer:

Accounts Recevable will be reported with same gross value 35000

Explanation:

The accounts receivable keep the same balance, the difference is that you have to add an assets current account named  allowance for uncollectible accounts with a credit balance for the amount indicated 6300, and the net value of accounts receivable it's 28700.

Final answer:

1. Margin: 7.1%, Turnover: 714%, ROI: 12.8%. 2. Residual income: $138,180

Explanation:

1. Compute the company’s margin, turnover, and return on investment (ROI) for last year:

2. The company’s residual income last year:

Residual income is calculated by subtracting the minimum required rate of return from the net operating income. In this case, the net operating income is $658,000 and the minimum required rate of return is 21%. Therefore, the residual income is $138,180 ([$658,000 - (0.21 * $2,505,000)].

Answer:

The situation fits well in the storming stage of the team development process.

Explanation:

Team development is based on five stages and storming is the second phase. The chances of conflicts and personality clashes is high during this stage as members tend to disagree with each other view points. The disagreements are also caused due to the fact that the team is newly formed and members are in the process making peace with each other.

Answer:

(C) A perpetuity is a series of regularly timed, equal cash flows that is assumed to continue Indefinitely Into the future.

Explanation:

a false

the principal is never repaid on a perpetuity

d false the perpetuity is for an indefinite period of time.

definition:

the perpetuity consist in a principal which yield a return over time indefinite. this return do not include any amortization in the principal neither principal installment are done through the investment or loan life

Answer:

C. $60,000

Explanation:

For computing the Erin investment, we have to assume the things which is shown below:

Let us assume Erin investment be X

We know that Erin would contributed 1 ÷ 4 investment in partners capital

So, the equation would be

1 ÷ 4 × ( $140,000 + $40,000 + X) = X

1 ÷ 4 × ($180,000 + X) = X

$45,000 + 1 ÷ 4X = X

So, $45,000 = 3 ÷ 4X

So, X = $45,000 × 4 ÷ 3

         = $60,000

Answer:

vp=  $1,989.49

Explanation:

To calculate the present value we use the following formula;

[tex]vp = \frac{vf}{1+i^{n} }[/tex]

[tex]vp = \frac{4,370.91}{(1+0.3)^{3} } = 1,989.49[/tex]

Final answer:

To prepare a cost estimate for an additional 100 units, calculate the total direct costs and overhead, then apply the desired profit margin. The total cost of production for 100 units is $19,080, and to achieve a 40% profit margin, the quoted price for 100 units should be $31,800, or $318 per unit.

Explanation:

To calculate the price quote for 100 units of a product, we begin with the direct costs, which include labor costs and the cost of materials. The labor cost per unit is $17 per hour for 8 hours, totaling $136 per unit. The material cost per unit is $14. Therefore, the total direct cost is $136 (labor) + $14 (materials) = $150 per unit. For 100 units, the direct cost is $150 x 100 = $15,000.

The overhead cost is estimated at 30% of the direct labor cost, which is 0.30 x ($17 x 8 x 100) or $4,080. Adding the direct costs and the overhead cost, the total cost of production for 100 units is $15,000 + $4,080 = $19,080.

To achieve a 40% profit margin, the profit is calculated as a percentage of the total cost. To find the price to quote, we divide the total cost by (1 - profit margin), i.e., $19,080 / (1 - 0.40) = $31,800 for 100 units. This means the price per unit should be $31,800 / 100 = $318.

Answer:

No

Explanation:

This does not violate the expenditure = output identity because this idenity says that goods-in-stock /unsold goods produced and ready for sale but not yet sold (inventory) are also a part of output, which if sold in the next accounting period, would still be calculated as sale in the current period, since it is the sale of output produced in the current year.

The scenario does not violate the expenditure = output identity because the value of spoiled goods is included in the output but not in the expenditures.

In national accounting, the total value of final goods produced (output) includes both sold and unsold goods. Thus, the firm produces $10 million worth of goods, of which $9 million is sold, and $1 million spoils. The spoiled goods are part of the output but are not reflected in the expenditure, maintaining the identity.

This ensures that the accounting identity holds true as output still equals the sum of expenditures and unsold (including spoiled) goods.

Answer: Liability of foreignness

Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.

In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.

Thus, from the above we can conclude that Malt hanks faced liability of foreignness.

Answer:

Please see details below

Explanation:

Gross Margin income statement  

Sales $ 1.140.000

Direct Labor  -$ 180.000

Direct Materials -$ 204.000

Variable Manuf. Overhead -$ 204.000

Gross Profit $ 552.000

Manufacturing Overhead -$ 230.000

Fixed Mktg Costs -$ 205.000

Operating Expenses -$ 35.000

Variable Mktg Cost -$ 48.000

Net Income $ 34.000

Contribution Margin Inc. statement.  

Sales $ 1.140.000

Direct Labor  -$ 180.000

Direct Materials -$ 204.000

Variable Manuf. Overhead -$ 204.000

Gross Contribution Margin $ 552.000

Variable Mktg Cost -$ 48.000

Fixed Mktg Costs -$ 205.000

Operating Expenses -$ 35.000

Contribution Margin $ 264.000

Manufacturing Overhead -$ 230.000

Net Income $ 34.000

Answer:

a. higher productivity, and another unit of capital would increase output by more than before.

Explanation:

The productivity will be higher as more saving will increase investment.

Therefore, the economy will be more productive as there is more capital per worker.

Is important to comment that  due to diminished return theory each additional unit of capital would increase this productivity by a fewer amount. But, this applies on the short run, when the other factors don't change.

Therefore, option a is the correct as the capital increase is not faced agains a bottleneck of the other factor (labor, business and land)

Increasing a country's saving rate leads to higher productivity due to increase in capital stock. However, due to the law of diminishing returns, each additional unit of capital increases output less than the previous unit.

In economic terms, if a country increases its saving rate, it suggests that more of the citizens' income is being put in savings rather than being spent on consumption. In the long run, this increased saving will lead to a rise in the capital stock, as resources that might have been used for consumption can now be invested in physical capital or human capital. This results in higher productivity as the increase in capital stock improves the ability to produce goods and services.

However, as the country accumulates more capital, it experiences what's known as the law of diminishing returns. In other words, each additional unit of capital results in less and less additional output. This is because as capital increases while keeping other factors same (like labor), it becomes more difficult to efficiently utilize the additional pieces of capitals. So, the correct answer should be: b. higher productivity, but another unit of capital would increase output by less than before.

https://brainly.com/question/32478230

#SPJ3

Answer:

B) It can help create jobs in the economy by increasing demand for goods and services

Explanation:

E) UNICEF and other nonprofit organizatin do marketing do raise funds

D) on internet there are tons of marketing campaing of different company's and styles.

C) if it build loyal customers, it is building a brand name which is an intangible assets

A) no company would spend on activities with no importance.

B) The marketing aims to increase the knowledge of the firm and sales or fund rasing, his will create jobs and therefore, helping the economy.

Marketing plays a crucial role in the economy by stimulating demand for goods and services, creating jobs, and contributing to a firm's intangible assets. Therefore, option B is correct.

Marketing is the process of identifying, anticipating, and satisfying customer needs and wants through the creation, communication, and delivery of valuable offerings.

It involves various activities such as market research, product development, pricing, promotion, and distribution, with the goal of creating and capturing customer value.

Marketing aims to attract, retain, and grow a customer base by understanding their preferences and providing superior value compared to competitors.

It encompasses both strategic planning and tactical execution to effectively reach target markets, build brand awareness, and foster long-term customer relationships.

Therefore, option B is correct.

Learn more about Marketing here:

https://brainly.com/question/14197287

#SPJ6

Answer:

C) The invisible hand

Explanation:

Daniel here seeking to produce and increase his welfare is "led by an invisible hand" to negotiate with his suppliers and to sell goods to his neighbors in a way that everybody is better off as a result from these transactions.

This is also a clear example to what Adam Smith was referring to the invisible hand:

"in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was not part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. " Adam Smith, The Wealth of Nations, Book 4, Chapter 2

Answer:

statement of stockholders' equity    

for the year ended 31th December 20XX    

            Common Stock Retained Earings Total

Balance Jan 1         175,000         36,000          211, 000

Net Earnings                           30,900           30,900

Dividends                          -20,000          -20,000

Stock issued           30,000                           30,000  

Balance, Dec 31 205,000           46,900           251,900

Explanation:

The first step, will be to calculate the net incoem:

Revenue                            78,000

Rent expense        21,000

postage expense    1 ,500

salaries expenses 22,000

legal fees expense 2,600

Total expense                   (47,100)

Net earnings                     30,900

And now we can build the statement of Stockholders equity

Answer:

Cost of sold goods= $1,027,600

Explanation:

The cost of goods sold refers to the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in creating the goods along with the direct labor costs used to produce the goods. It excludes indirect expenses, such as distribution costs and sales force costs.

COGS=Beginning Inventory+Production during period−Ending Inventory

We need to calculate the production during the period.

Cost of manufactured period= Beginning work in progress inventory+ direct materials + direct labor + factory overhead - ending work in progress

Cost of manufactured period=84,500+961,300-73,200

= $972,600

Cost of sold goods= $374,000 + $972,600 - $319,000

Cost of sold goods= $1,027,600

The Cost of Goods Sold (COGS) in this case is calculated using the formula: COGS = Beginning Finished Goods Inventory + Cost of Goods Manufactured - Ending Finished Goods Inventory. Substituting the given values, the COGS is found to be $1,016,300.

The Cost of Goods Sold (COGS) can be computed using the formula: COGS = Beginning Inventory + Purchases – Ending Inventory. In this case, we use a slightly adjusted formula because of the given 'Cost of Goods Manufactured'. Our formula now becomes: COGS = Finished Goods Inventory, Beginning + Cost of Goods Manufactured – Finished Goods Inventory, Ending

By substituting the provided values, we get: COGS = $374,000 + $961,300 - $319,000 which equates to $1,016,300.

https://brainly.com/question/34119484

#SPJ3

Answer:

Price= $850,5

Explanation:

With the following information we need to calculate the price of the job:

Direct materials issued to production<= $60

Direct labor= $75

Manufacturing overhead= $99*direct hour=99*5=$495

Direct hours=$75/$15hour= 5hours

Total cost= 60+75+495= $630

Price= total cost*1,35=$850,5

Equity options settle in 2 business days, while index options settle the next business day.

The statement that is true regarding the exercise of options contracts is that the exercise of equity options settles in 2 business days.

Equity options are options contracts that give the holder the right to buy or sell shares of a specific company's stock at a predetermined price within a specified time period. When an equity option is exercised, the settlement process takes 2 business days for the transfer of ownership to occur.

On the other hand, index options settle the next business day. Index options are options contracts based on the performance of a financial index, such as the S&P 500. When an index option is exercised, the settlement occurs on the next business day.

https://brainly.com/question/31236291

#SPJ6

"The correct statements regarding the exercise of options contracts are:

1. The exercise of equity options settles in 2 business days.

2. The exercise of index options settles next business day.

To understand the settlement process for options contracts, it is important to distinguish between equity options and index options:

1. Equity Options: These are options contracts on individual stocks. When an equity option is exercised, the transaction is settled in two business days. This means that if an investor decides to exercise an equity call option, they will receive the shares of the underlying stock two business days after the exercise notice is submitted. Conversely, if an equity put option is exercised, the investor will be required to deliver the shares of the underlying stock two business days after exercising the option.

2. Index Options: These are options contracts on stock indices, such as the S P 500. The settlement process for index options is different from that of equity options. When an index option is exercised, it is settled on the next business day. This is because index options are cash-settled rather than settled by the delivery of the underlying asset. Upon exercise, the option holder receives or pays the cash value of the option based on the difference between the strike price and the index level, which is determined on the day following the exercise.

Therefore, the statements "The exercise of equity options settles in 2 business days" and "The exercise of index options settles next business day" are accurate and true. The other two statements, "The exercise of equity options settles the next business day" and "The exercise of index options settles in 2 business days," are incorrect and do not reflect the standard settlement procedures for these types of options contracts."

Answer:

EPS = $1.9825

Explanation:

EPS (earnings per share) = Net Income / shares of common stock outstanding

Income before taxes = $592,000 - $284,000 - $36,000 - $28,000 = $244,000

Tax = $244,000 x 35% = $85,400

Net Income = $244,000 - $85,400 = $158,600

EPS = $158,600 / 80,000 = $1.9825

Hope this helps!