starbucks has a beta of 1.72. the current risk-free rate is 3%, and the expected return of the overall stock market is 6%. what is your best estimate for starbuck's expected return?

Answers

Answer 1

In summary our best estimate for Starbucks' expected return using the CAPM is 8.16%.

How to find?

Using the Capital Asset Pricing Model (CAPM), we can estimate Starbucks' expected return using the formula:

Expected Return = Risk-Free Rate + Beta * (Market Risk Premium)

where Market Risk Premium = Expected Market Return - Risk-Free Rate

Plugging in the given values, we get:

Market Risk Premium = Expected Market Return - Risk-Free Rate = 6% - 3% = 3%

Expected Return = 3% + 1.72 * 3% = 8.16%

Therefore, our best estimate for Starbucks' expected return using the CAPM is 8.16%.

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Related Questions

For each example, identify the most appropriate CTSO. 1. Ann wants to be a manager who directs the work of others: 2.Teresa wants to have a career that emphasizes mathematics: 3.Justin wants to have a career in nursing: 4.Howard wants to have a career focused on the education of

Answers

Answer:

Ann: DECA

Teresa: TSA

Justin: HOSA

Howard: FEA

Explanation:

Answer: DECA your welome if i did spell it wrong sorry bout that im am a horrible speller

it is around labor day weekend. us open is in full swing. you know that this time of the year your demand for tennis racquets increases. how do your costs identified in part a change in this situation assuming you are increasing your lot size to meet the anticipated demand?

Answers

While the number of orders may stay the same, inventory holding costs rise with an increase in average inventory. As a result, overall costs rise.

The expenses incurred for keeping goods or inventory in a warehouse are known as inventory holding costs. Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms. Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.

An estimation of the worth or quantity of a certain commodity or group of goods over two or more specified time periods is known as average inventory. The median value of the same data set may differ from the average inventory, which is the mean value of an inventory during a specific time period.

About the weekend of Labor Day. US Open is currently underway. You are aware that your need for tennis racquets rises at this time of year so as a result, even if the number of orders may remain constant, inventory holding costs rise as average inventory levels rise. Costs as a whole increase as a result.

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the sequence of work for a job is also known as its

Answers

Answer:

Routing

Explanation:

abc company has a pretax cost of debt of 6.5 percent and a tax rate of 20 percent. what is the company's after tax cost of debt? convert to a percentage and round to two places past the decimal point.

Answers

ABC Company's after tax cost of debt can be calculated as follows:

After tax cost of debt = Pretax cost of debt x (1 - Tax rate)

After tax cost of debt = 6.5% x (1 - 20%)

After tax cost of debt = 6.5% x 0.8

After tax cost of debt = 5.2%

Therefore, ABC Company's after tax cost of debt is 5.2% when rounded to two decimal places.

It is important to calculate the after tax cost of debt as it gives a more accurate picture of the cost of borrowing for a company. The tax savings resulting from the interest expense deduction can help to reduce the effective cost of debt for a company. This calculation is useful in evaluating the overall cost of capital and determining the feasibility of investment projects or financing options.

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10. Andrea's gross biweekly pay is $1,078. Her earnings to date for the year total $43,120. What
amount is deducted from her pay for Social Security, which is taxed at 6.2 percent? For Medicare
taxes if the rate is 1.45 percent?

Answers

Your answer should be $68,992. Hope this helps!!

Do businesses receive a water grant?​

Answers

Answer:

Energy and Water funding is a crucial part of the UK government’s carbon emissions responsibility. Finding new ways of funding lower emission energy systems for business is one of the ways that the UK are pushing forward.

Water Capital Grant Scheme

The Water Capital Grant Scheme provides funding of £10 Million to applicants from the farming community, from the land management community and from the agricultural community to deal with water management which is a key issue in the industry. Those running businesses in these areas are able to avail of this scheme and create in-roads in water management.

This is designed to provide support to water management, and will provide £10,000 in a water capital grant to help carry out works which will improve water management and quality. The real focal point of the grant is to improve waterlines around agricultural industry and to reduce the impact of agriculture on the water quality of the surrounding area. The funding is for new projects which will help to move toward this goal, and applicants are able to apply for this through Natural England.

The Water Capital Grants scheme works in accordance with the woodland capital grant scheme, which creates the first of the new Stewardship Scheme from the government. This scheme will be committing £900 million to working with natural resources and protecting and benefiting the resources in the environment. Applicants to this scheme can avail of grant funding to really bring water usage in their business to a better level.

There are a whole range of funding options and projects which are eligible. Some of these are:

installing biobeds

preventing livestock access to watercourses by erecting watercourse fencing

providing drinking troughs as an alternative to watercourse drinking for livestock

relocation of sheep dips and pens

roofing of sprayer washdown areas, manure storage areas, livestock gathering areas, slurry stores and silage stores

Funding will be competitive with grants awarded to applications that best meet the scheme’s priorities and have the greatest environmental benefit.

The new water grants build on the successful Catchment sensitive farming initiative, which between 2013 and 2016 helped over 6,200 farms across the country benefit from a total of £72 million in grant funding to improve water quality and reduce pollution from agricultural activity. The water capital grants scheme under Countryside Stewardship will be managed and delivered through Catchment Sensitive Farming in 2018.

Work funded by the Catchment Sensitive Farming grant scheme over recent years has already brought efficiencies for thousands of farmers and has enhanced local environments throughout England by improving water quality.

Explanation:

wth fill in the blanks
Bankruptcy

Cash

Check

Credit

Debit

Debt

Foreclosure

Expenditures

Credit Card

Debit Card

Impulse Buying

Long-Term Goals

Needs

Short-Term Goals

Wants

Budget

Discretionary Income

Fixed Expenses

Variable Expenses

Scarcity

(not all the words are being used)

1. The amount of financial trust extended to a person or a business by a lender; a loan.

2. Money owed.

3. A legal process that gives a debtor protection from creditors.

4. Goods or services that make people more comfortable or content but which are not necessary for survival.

5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.

6. Money that is spent on goods, services, and bills.

7. A purchase based on an immediate want or due to the pressure of advertising.

8. Plans that take a year or more to accomplish.

9. Plans that can be accomplished within three months to a year.

10. A record of income and spending and a plan for managing money.

11. Money available to spend on goods and services that are not essential.

12. The economic condition of limited resources that prevents people from having everything they want.

13. Expenses that do not change from month to month, such as auto insurance or rent.

Answers

Answer:

1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses

Explanation:

Discrimination
occurs when employment decisions about an individual are based on reasons not associated with job related performance

Answers

Discrimination in employment occurs when individuals are treated unfairly or subjected to adverse employment decisions based on factors that are unrelated to their job-related performance or qualifications.

Such factors can include a person's race, color, gender, national origin, religion, disability, age, or any other characteristic protected by law.

Employment decisions that are discriminatory can take various forms, including:

1. Hiring: When an employer refuses to hire an individual based on discriminatory reasons, such as their race, gender, or age, rather than evaluating their qualifications and ability to perform the job.

2. Promotion: If an employer denies an employee a promotion or advancement opportunity based on discriminatory factors, such as their gender or religion, rather than considering their performance, skills, and experience.

3. Termination: When an employee is fired or laid off due to discriminatory reasons, such as their disability or pregnancy, rather than for legitimate job-related reasons.

4. Compensation: If an employer pays employees differently based on discriminatory factors like their race or gender, providing unequal compensation for similar work and qualifications.

5. Harassment: Persistent mistreatment or harassment based on an individual's protected characteristics, creating a hostile work environment that interferes with their ability to perform their job effectively.

It's important to note that discrimination can be explicit or implicit, intentional or unintentional. Discriminatory practices are not only unethical, but they are also illegal in many jurisdictions. Anti-discrimination laws, such as the Civil Rights Act in the United States, are in place to protect individuals from employment discrimination and ensure equal opportunities for all qualified individuals in the workplace

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economies of scale will lead to only one firm in the industry because group of answer choices of government licensing. there are governmental entry restrictions. one firm has an average cost curve, which has shifted below the average cost curves of its competitors. by increasing output a firm is able to lower the cost per unit and charge lower prices driving smaller firms out of business.

Answers

Economies of scale will lead to only one firm in the industry because by increasing output a firm is able to lower the cost per unit and charge lower prices driving smaller firms out of business therefore the correct option is D.

Government licensing and entry restrictions can limit the number of firms in an industry, however they are not likely to be the main factor which leading to only one firm in the industry.

The main factor is the economies of scale, which occur when a firm was increases its output such that it also  reduces its costs per unit.

Hence the correct option is D.

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A de jure corporation is one that is formed to accomplish a single purpose within a limited time. True False

Answers

It is false that a de jure corporation is one that is formed to accomplish a single purpose within a limited time.

To find out why a de jure corporation is not limited to a single purpose, we need to know more.

What is de jure corporation?It is when a coporation has fulfiled the required mandate within the ambit of the law to become a corporation.For a certified de jur coporation, they can issue stocks and also carry out daily activities.

Hence, we can conclude that a de jure corporation is not one that is formed to accomplish a single purpose within a limited time.

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A note card company has found that the marginal cost per card of producing x note cards is given by the function below, C′(x)=−0.03x+84;x≤1000
where C'(x) is the marginal cost, in cents, per card. Find the total cost of producing 740 cards, disregarding any fixed costs.

Answers

To find the total cost of producing 740 note cards, we need to integrate the marginal cost function C'(x) with respect to x over the desired range.

Given the marginal cost function C'(x) = -0.03x + 84, where x ≤ 1000, we can integrate it to find the total cost function C(x):

C(x) = ∫(-0.03x + 84) dx

Integrating, we get:

C(x) = -0.015x^2 + 84x + C

Now, to find the total cost of producing 740 cards, we evaluate the total cost function C(x) at x = 740:

C(740) = -0.015(740)^2 + 84(740) + C

Since we are disregarding any fixed costs, the constant term C does not affect the cost of producing 740 cards. Therefore, we can ignore it in this context.

C(740) = -0.015(740)^2 + 84(740)

Simplifying the equation:

C(740) = -0.015(547600) + 62360

C(740) = -8214 + 62360

C(740) = 54146

The total cost of producing 740 note cards, disregarding any fixed costs, is 54,146 cents.

Note: It's worth noting that the cost is given in cents, so you may convert it to dollars if needed by dividing by 100.

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what is it called when you let someone walk all over you?

Answers

Answer:

mistreat or bully

Explanation:

Ig

World trade has both benefits and costs. Which of the following statements best attests to this fact?

Answers

International trade is regulated and facilitated by the World Trade Body, an intergovernmental organization. Governments use the United Nations System with effective cooperation to create, update, and enforce the laws that regulate international trade.

Which of the following statements regarding how business affects society is most true?

Businesses can have a positive effect on a society's quality of life and level of living.

Both large and small businesses concur that going green is important.

A company's ability to make a profit determines whether it can obtain bank financing, draw in investors to finance its operations, and expand. All business dealings involving two or more nations are included.

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what's the difference between Utility and Marginal Unility?​

Answers

Answer:

One is large the other is small

Explanation:

Safeway and monopolization in New Mexico and Texas: Suppose the Demand and Supply equations for food are:
Demand: Price = 30 - (Quantity/100)
Supply: Price = (Quantity/100)
1) Determine the equilibrium price that consumers pay for food in this market. Show graphically
2) Suppose that Safeway is indeed able to monopolize this market. What price would Safeway now charge for food? Assume the original supply curve is now Safeway's marginal cost curve. Show graphically on the same graph as above.
3) Consumers dislike monopolies. Show how upset they are, and quantify how much worse off they are by the change in their consumer surplus.

Answers

1) The equilibrium price that consumers pay for food in this market is $15 2) if Safeway is able to monopolize the market, it would charge a price of $15 for food, which is the same as the equilibrium price in a competitive market 3) There is no change in consumer surplus between the competitive market and the monopoly situation. Consumers are not worse off in terms of consumer surplus when Safeway monopolizes the market.

1) To determine the equilibrium price that consumers pay for food in this market, we need to find the intersection point of the demand and supply curves. Let's start by setting the demand and supply equations equal to each other:

Demand: Price = 30 - (Quantity/100)

Supply: Price = (Quantity/100)

Equating the two equations, we get:

30 - (Quantity/100) = (Quantity/100)

To solve for Quantity, we can simplify the equation:

30 = (Quantity/100) + (Quantity/100)

30 = (2*Quantity)/100

3000 = 2*Quantity

Quantity = 1500

Now we can substitute the value of Quantity back into either the demand or supply equation to find the equilibrium price. Let's use the demand equation:

Price = 30 - (1500/100)

Price = 30 - 15

Price = 15

Therefore, the equilibrium price that consumers pay for food in this market is $15.

2) If Safeway is able to monopolize the market, it can set the price at a level that maximizes its profits. In this case, Safeway's marginal cost curve will determine the price it charges for food. Let's assume that Safeway's marginal cost curve is given by the original supply curve.

The original supply curve is: Price = (Quantity/100)

To find the price Safeway would charge, we need to determine the quantity at which Safeway's marginal cost intersects the demand curve. Let's equate the marginal cost and demand equations:

(Quantity/100) = 30 - (Quantity/100)

Simplifying the equation:

2*(Quantity/100) = 30

Quantity/50 = 30

Quantity = 1500

Substituting the quantity back into the demand equation to find the price:

Price = 30 - (1500/100)

Price = 30 - 15

Price = 15

Therefore, if Safeway is able to monopolize the market, it would charge a price of $15 for food, which is the same as the equilibrium price in a competitive market and we can plot the demand curve (Price = 30 - (Quantity/100)), the original supply curve (Price = (Quantity/100)), and the monopolistic price of $15.

3) To show how upset consumers are with the monopoly and quantify the change in their consumer surplus, we need to compare the consumer surplus under monopolistic conditions with the consumer surplus in a competitive market.

In a competitive market, the consumer surplus is represented by the area between the demand curve and the market price. However, under a monopoly, the price is higher, resulting in a reduction in consumer surplus.

Let's calculate the consumer surplus in both scenarios and determine the change:

1. Competitive market consumer surplus:

In a competitive market, the equilibrium price is $15. To calculate the consumer surplus, we need to find the area between the demand curve and the price line up to the quantity demanded at that price.

Consumer surplus in a competitive market = 0.5 * (Quantity * Price)

Consumer surplus in a competitive market = 0.5 * (1500 * 15)

Consumer surplus in a competitive market = $11,250

2. Monopoly consumer surplus:

Under the monopoly, the price is still $15, so the consumer surplus will be the same as in the competitive market:

Consumer surplus under monopoly = $11,250

There is no change in consumer surplus between the competitive market and the monopoly situation. Consumers are not worse off in terms of consumer surplus when Safeway monopolizes the market.

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11
Select the correct answer from each drop-down menu.
Joseph is a practicing public accountant of the State of Virginia. Which certification has he acquired to legally practice in the state? Which authority
renews his license for practicing in the state of Virginia?
Joseph needs a certification from
his license for practicing as an auditor in the State of Virginia.
s reserved.
Reset
Next
The
renews

Answers

Joseph obtained a Certification (certified public accountant) designation in Virginia.

What does a CPA do?

After obtaining, collecting data, and assessing the complete set of financial statements, an accountant assists firms in formulating important financial decisions. They are in charge of conducting financial audits, comparing bank statements, and guaranteeing the accuracy and reliability of accounting records all year long.

Do accountants earn substantial salaries?

In conclusion, the average pay for an accounting career is $70,000 to $130,000 per year, with a 6% job growth rate by 2030. Accounting career wages can range from $40,000 to $120,000 per year based on education, certifications, firm location, and notably years of experience.

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Which one of the following would be a bullish signal to a technical analyst using moving average rules? a. A stock price crosses above its 52-week moving average. b. A stock price crosses below its 52-week moving average. c. The stock's moving average is increasing. d. The stock's moving average is decreasing.

Answers

The bullish signal to a technical analyst using moving average rules would be when a stock price crosses above its 52-week moving average. Option A.

This is because it indicates a potential uptrend in the stock's price and is often seen as a buy signal by technical analysts.

Option b, where the stock price crosses below its 52-week moving average, is a bearish signal indicating a potential downtrend.

Option c, where the stock's moving average is increasing, is also a bullish signal but not as strong as option a. Option d, where the stock's moving average is decreasing, is a bearish signal indicating a potential downtrend.

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Many of you work for companies and may have participated in the capital budgeting process or may or have experienced capital budgeting decisions in your own lives. Without disclosing confidential information, please describe the process (you) or your corporation uses or used to make its (or your) decision.
As an alternative to this question – please give an example of a real firm (in the news) pursuing a strategy (or projects) where you believe the project or strategy may not have a positive net present value. For example -- Walmart is expanding in the United States by building Neighborhood Marts. These are much smaller, more convenient (closer to where you live) stores that are supposed to win back customers from the "dollar" stores. I do not claim to be smarter than the management of Walmart but, I personally believe this to be a negative net present value project because I believe these stores will be expensive to operate and will cannibalize sales at the existing Walmart stores.
Pick one of the questions above and outline and answer

Answers

One example of a firm pursuing a strategy that may not have a positive net present value is the case of Dollar Stores versus Walmart. Walmart is expanding its Neighborhood Market stores to win back customers from the Dollar Stores. While Walmart may have been successful in the past with larger retail stores, the shift towards smaller, more convenient stores is not a guaranteed success.

The capital budgeting process typically involves several steps. The first step is to identify potential investment opportunities, such as new product lines or expanding existing stores. The second step is to estimate the potential costs and benefits of each opportunity, including the initial investment and expected cash flows over time. This is where net present value (NPV) analysis is often used, which involves estimating the future cash flows and discounting them back to their present value. If the NPV is positive, the investment is typically approved. However, there may be other factors to consider, such as strategic importance or risk.In the case of Walmart's Neighborhood Market stores, it is unclear whether the NPV analysis was positive or negative. However, as an alternative strategy, Walmart could have focused on improving the shopping experience at their existing stores, such as by investing in technology or hiring more staff to reduce wait times. This would have been a more cost-effective way to win back customers from Dollar Stores without the additional expense of building and operating new stores.

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Price discrimination that is not justified by differences in costs, such as production costs or transportation costs, is prohibited by the:______.

Answers

Price discrimination that is not justified by differences in costs, such as production costs or transportation costs, is prohibited by the RobinsonPatman Act of 1936. Thus, option C is correct.

What is the Price?

Price can be defined as the amount of money that is being given or required as a payment to a good or service.

RobinsonPatman Act of 1936 prevents large franchise corporations from discriminating in price, promotional benefits, and marketing, so preventing smaller firms from ever being squeezed out of the market.

Therefore, option C is the correct option.

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The question is incomplete, the complete question will be:

Simpson Mazzo AG

Shen Antitrust Act

Robinson–Patman Act

Federal Trade Commnsion Act

You may need to use the appropriate appendix table to answer this question.

Only 0.03% of credit card holders of a company report the loss or theft of their credit cards each month. The company has 20,000 credit cards in the city of Memphis. Use the Poisson probability tables to answer the following questions. (Round your answers to four decimal places.)

What is the probability that during the next month in the city of Memphis, every credit card is lost or stolen?

Answers

The probability that during the next month in the city of Memphis, every credit card is lost or stolen is approximately 0.0025.

We are given that the proportion of credit card holders who report loss or theft of their credit cards is 0.03%. We have to find the probability that every credit card is lost or stolen during the next month in the city of Memphis.

To solve the above problem, we have to use the Poisson distribution formula.

Poisson distribution formula is:

P(x; μ) = (e^-μ) (μ^x) / x!

Here,x = 0 (every credit card is lost or stolen)

μ = mean or average number of successes in the given time interval= λ × t, where

λ = rate of success, which is the expected number of successes per unit time or space.

For this problem,λ = number of credit card holders who report loss or theft of their credit cards= 0.03% of 20,000 (credit cards in the city of Memphis)= 0.03/100 × 20,000= 6

t = time interval = 1 month

Now, let’s put the values of λ and t into the formula:

P(x = 0; μ) = (e^-μ) (μ^x) / x

!P(x = 0; 6) = (e⁻⁶) (6^0) / 0

\!P(x = 0; 6) = (e⁻⁶)

Therefore, the probability that during the next month in the city of Memphis, every credit card is lost or stolen is approximately 0.0025.

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Following the filing of this complaint, Ms Daoust must meet Mr Maheux-Tétrault and his trade union representative to decide how to settle the dispute.
What do you think Ms. Daoust should do?

Answers

Ms. Daoust should first listen to Mr. Maheux-Tétrault and his trade union representative to understand their perspective on the dispute.

How should the dispute be settled ?

Here are some specific things that Ms. Daoust can do to help settle the dispute:

Listen actively. This means paying attention to what Mr. Maheux-Tétrault and his representative are saying, and asking clarifying questions to make sure that she understands their concerns.Be respectful. Even if she disagrees with Mr. Maheux-Tétrault and his representative, it is important to be respectful of their opinions.Be open to compromise. It is unlikely that either side will get everything they want, so it is important to be willing to compromise in order to reach an agreement.

Settling a dispute can be a challenging process, but it is important to remember that the goal is to find a solution that is fair to both sides.

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"will leave a like regardless ty, please try to answer in complete
sentences
Describe the "too big to fail problem of financial regulation. Is this a problem of asymmetric information? If yes, of what type of asymmetric information (i.e. moral hazard or adverse selection)? How was this problem expressed during the 2007-2009 financial crisis?

Answers

The "too big to fail" problem of financial regulation refers to the perception that certain large financial institutions are so integral to the functioning of the economy that they cannot be allowed to fail, as the repercussions would be catastrophic.

This problem is a result of asymmetric information, specifically moral hazard, as these institutions may take on excessive risk knowing that they will be bailed out if things go wrong.

During the 2007-2009 financial crisis, this problem was expressed as many of these large institutions were on the verge of collapse, but were ultimately bailed out by the government to prevent further damage to the economy. This highlighted the need for more effective regulation to prevent such excessive risk-taking in the future.

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1.(Sunk Cost and Choice) Suppose you go to a restaurant and buy an expensive meal. Halfway through, despite feeling quite full, you decide to clean your plate. After all, you think, you paid for the meal, so you are going to eat all of it. What is wrong with this thinking?

Answers

Answer:

Sunk cost. The individual is still considering sunk cost in making future decisions

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. It should not be considered in making future decisions.

In this question, the money paid for the meal is the sunk cost and it shouldn't be considered in making the decision of whether to continue the meal or not to.

I hope my answer helps you

Why should you make a personal investment plan?
A. To keep your money as safe as possible
B. To avoid financial risk
C. To meet your personal financial goals
D. To make the most money possible​

Answers

C. To meet your personal financial goals

Answer:

to meet your personal financial goals

Explanation:

Choosing to go to college over getting a job right out of high school is an example of a(n) _____.


fixed cost

opportunity cost

variable cost

none of the above

Answers

It’s opportunity cost

What is the purpose of the code of conduct codes of practice standards of practice and policy frameworks that Organisations use?

Answers

Code of conduct, codes of practice, standards of practice, and policy frameworks are all tools used by organizations to ensure that their employees act in an ethical and professional manner.  

Code of conduct provides the basis for ethical behavior, such as defining acceptable and unacceptable behavior, and establishing a set of guidelines for employees to follow.Codes of practice are documents that provide specific procedures or guidelines for employees to follow when completing a particular type of task or job. Standards of practice are documents that outline the minimum requirements for completing a specific job or task. Policy frameworks are documents that define the rules, regulations, and procedures that govern the organization’s operations.

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Which quality is evident in the revised version of the following paragraph? Original: During our monthly meeting last month, we all came to the conclusion that overtime procedures are inadequate and that new procedures need to be initiated. i discussed this problem with our chief accountant, who was sympathetic and agreed to consider any changes we would like to make to the present procedures. please bring your suggested changes to this month's departmental meeting scheduled for 2:30 p.m. next wednesday afternoon. Revision: During last month's meeting, we concluded that our overtime procedures need revision. our chief accountant has agreed to consider any changes we would like to make to the present procedures. please bring your suggested changes to this month's departmental meeting scheduled for 2:30 p.m. next wednesday.
a. correctness b. accuracy c. comprehensiveness d. conciseness

Answers

The quality which is evident in the revised version of the given paragraph is conciseness.

Conciseness is regarded as the quality of being short and clear, and through expressing what needs to be said without mentioning unnecessary words. So this quality is evident in the revised version.

So here, during the monthly meeting previous month, they all came to the conclusion that overtime procedures are inadequate and that new procedures need to be initiated. Thus, this problem was addressed in the coming month's meeting and the necessary actions were taken.

Thus, conciseness is by communicating complete information about a topic or an idea in a few words.

Hence, option D is correct.

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a borrower is purchasing a $300,000 home. she will be using a loan with an ltv of 80%. she will also be paying 3 discount points. what is the total amount of cash that she will need to bring to closing?

Answers

The borrower will need to bring $67,200 in cash to closing to purchase the $300,000 home with an LTV of 80% and 3 discount points.

To determine the total amount of cash that the borrower will need to bring to closing, we need to calculate the loan amount, the amount of the down payment, and the amount of the discount points.

The loan-to-value ratio (LTV) is 80%, which means that the borrower will need to make a down payment of 20% of the purchase price of the home. Therefore, the down payment will be:

Down payment = 20% x $300,000 = $60,000

The loan amount will be the difference between the purchase price and the down payment: Loan amount = $300,000 - $60,000 = $240,000

The borrower will also be paying 3 discount points. Each discount point is equal to 1% of the loan amount, so the total cost of the discount points will be: Discount points = 3% x $240,000 = $7,200

Therefore, the total amount of cash that the borrower will need to bring to closing will be: Total cash needed = Down payment + Closing costs

                  = $60,000 + $7,200

                  = $67,200

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Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.

Answers

Answer:

Expansionary monetary policies

Explanation:

A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.

In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.

Lansing inc. Uses a perpetual inventory system. Inventory costs are determined using the last in, first out (lifo) method. On august 2, 39 units were purchased at $19 per unit. On august 5, 24 units were purchased at $14 per unit. On august 15, 26 units were sold at $53 per unit. On august 18, 29 units were purchased at $15 per unit. The units sold on august 15 had a cost of goods sold of $. (do not input a comma or cents. )

Answers

The cost of goods sold for the units sold on August 15 using the last in, first out (LIFO) method is $1,315.

In a LIFO inventory system, the most recent purchases are assumed to be the first ones sold. Let's calculate the cost of goods sold for the units sold on August 15.

First, we need to determine the cost of the 26 units sold on August 15. Since the most recent purchase was on August 18, we need to consider the units purchased on August 18 and August 5.

On August 18, 29 units were purchased at $15 per unit, so the cost of these units is 29 * $15 = $435.

On August 5, 24 units were purchased at $14 per unit, so the cost of these units is 24 * $14 = $336.

Since the total number of units purchased (29 + 24 = 53) is greater than the units sold (26), we can calculate the cost of goods sold by considering the most recent purchases. We subtract the cost of the units purchased on August 18 and August 5 from the total cost: $435 + $336 = $771.

Therefore, the cost of goods sold for the units sold on August 15 is $771.

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